Vanderbilt University

PROGRAM BASICS

Vanderbilt MBA

Vanderbilt Owen Graduate School of Management

401 21st Avenue South
Nashville , Tennessee 37203

Program Web site:

http://www.owen.vanderbilt.edu

Status:

Private Institution

Program e-mail address:

admissions@owen.vanderbilt.edu

Graduate business school is accredited by:

AACSB International

Years in which the following programs were founded:

Full-time MBA: 1969
Executive MBA: 1978

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:

Resident : $  81,076
Nonresident : $  81,076
Recommended annual budget (Resident): $  23,500
Recommended annual budget (Nonresident): $  23,500

PROGRAM LENGTH

Full-time program (months):

21

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 477
Full-time MBA: 382
Executive MBA: 95

PhD program: 17
Other: 52

Graduate degree programs:

Master of Accounting

Master of Finance

Other graduate degree programs:

N/A

ADMISSIONS

Application Deadlines

Semester: October 13, 2008
Deadline: November 17, 2008
Semester: January 5, 2009
Deadline: March 1, 2009

Does the program have rolling admissions?

Yes

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

No

Which English language proficiency tests are accepted?

IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Relative importance: Application Elements

GMAT Score:

Very Important

Resume/Work Experience:

Very Important

Application Essays:

Very Important

Interviews:

Very Important

Recommendations:

Very Important

Undergraduate Transcripts:

Very Important

APPLICANTS

Applications (admitted and denied) to the newest class:

986

Applicants who were accepted to the most recent class:

36 %

Admitted applicants who enrolled in the newest class:

50 %

Applicants who were re-applicants from prior years:

4 %

Percentage of this year's reapplicants accepted:

33 %

Applicants wait-listed during the last admissions cycle:

227

Wait-listed applicants admitted for the semester to which they applied:

19

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

84 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

42 %

Applications from women received:

28 %

Mean base salary forgone:

$  57,682

Median base salary forgone:

$  45,000

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 25  %
International: 18  %
Married: 23  %

Ethnicity/US Students in Program

African American: 4  %
Asian American: 7  %
Hispanic or Latino American: 2  %
Multiethnic/Multiracial : 1  %
White (Non-Hispanic): 83  %
Chose not to report: 3  %

Students from following regions:

Asia: 14  %
Latin America and the Caribbean: 3  %
Middle East: 1  %
North America: 82  %
Percentage of students with dual citizenship: 3  %

Entering North American citizens by region:

Northeast: 20  %
Mid-Atlantic: 6  %
South: 41  %
Southwest: 11  %
Midwest : 6  %
West: 16  %

Mean months of work experience of newest entering class:

55

Median months of work experience of newest entering class:

48

Middle 80% range of work experience of newest entering class in months:

From:  24
To:  84

Median age of entering class:

28

Mean age of entering class:

28

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Central financial aid office at the university

Full-time MBAs applied for financial aid for the current academic year:

100 %

Full-time MBAs receiving financial aid through school:

78 %

Mean MBA financial aid package for the current academic year:

$  43,708

Median MBA financial aid package for the current academic year:

$  50,500

On what basis are scholarships awarded?

academic merit

Full-tuition scholarships school will award during the upcoming academic year:

12

How does an applicant apply for scholarship consideration?

As part of the admissions application

Mean scholarships awarded to full-time MBAs in the previous academic year:

$  19,175

Percentage of second-year students receiving the same or more amount of money in their second year of study:

99 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

No

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$  85,780

GMAT

Applicants required to take the GMAT?

Yes

Mean : 656
Median: 650

Middle 80% range GMAT scores:

From:  580
To:  730

CLASS OFFERINGS

Average students in a full-time MBA core class:

45

Average students in a full-time MBA elective class:

32

Elective courses available to full-time MBA students:

130

Electives that have been added to the full-time program since June 30, 2008:

Training Systems Management (HR); Essentials of Project
Mgmt; Health Care Operations; Research in Financial
Reporting; Recording Industry; Leadership for Nonprofit
Mgmt; Artist Mgmt; Real Estate Project Capstone; Corp
Restructuring; Property Mgmt; Real Estate Transactions

Year of last major change or significant overhaul to the core curriculum:

2007

Concentrations and specializations offered to full-time MBA students:

Accounting

Entrepreneurship

Finance

General Management

Health Care Administration

Human Resource Management

International Business

Marketing

Operations Management

Real Estate

Strategy

Technology

Other: Brand Management, Corporate Finance, Investment Management

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

MBA/MA (Arts)

MBA/MD (Medicine)

MBA/MSN (Nursing)

MBA/PhD

Other

Does the school offer an accelerated full-time MBA program?

No

FACULTY

Faculty employed by the B-school:

89

Full-time faculty

Tenured: 34
Non-Tenured: 18

Adjunct/Visiting Faculty

Tenured: 5
Non-Tenured: 43

Women on Faculty

Tenured: 4
Non-Tenured: 9

Minority Faculty

Tenured: 0
Non-Tenured: 4

International Faculty

Tenured: 5
Non-Tenured: 7

Faculty with PhDs

Tenured: 34
Non-Tenured: 38

Faculty who are also members of company boards of directors or advisors:

7 %

Faculty who have owned their own business:

8 %

STUDENT LIFE

Professional clubs available to full-time MBA students:

Biotech/Health care

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

Human Resources

Manufacturing

Marketing

Media & Entertainment

Networking clubs available to full-time MBA students:

Black MBA Association

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

TEACHING/ACADEMICS

Teaching methods used

Case study: 30  %
Experiential Learning: 5  %
Lecture: 40  %
Simulations: 10  %
Team Project: 15  %

Requirements for graduation:

Students must have earned a pre-determined GPA/Letter grade average

Students must complete a company-specific project and present results to relevant parties

Other

Additional graduation requirements:

62 credit hours; complete an ethics/CSR course

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

Two classrooms were upgraded to dual high definition projectors with a digital document camera, and two screens on the podium that can be written on with a digital pen. Data center operations have been centralized to a tier two data center. Storage has been added to provide more email and file storage space. Full support for Apple computers is now available. A virtual desktop service allows Mac or PC users access to any special software for academic needs from any platform anytime without having to go to a computer lab. A Nintendo Wii was installed in the student lounge. All computers for faculty/staff/classrooms/labs were replaced Summer 2008. Additional printers were installed at more locations for students.

Amount spent:

$  425,000

ALUMNI

Living MBA alumni:

7,008

Active MBA alumni clubs

1

Countries in which MBA clubs exist

0

Living MBA alumni who gave in past year:

19 %

Mean gift from MBA alumni:

$  1,839

Median gift from MBA alumni

$  200

Did school receive an individual gift in excess of $10 million in past academic year?

No

Business School Endowment

$  279,748,181

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

http://www.vanderbilt.edu/alumni/

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://www.owen.vanderbilt.edu/vanderbilt/Community/alumni/index.cfm

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 87  %
Graduates not seeking employment: 11  %
Graduates for whom you have no information regarding employment: 2  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 67  %
Percentage who were continuing their education (after graduation): 11  %
Percentage who were not seeking employment for other reasons: 22  %

Annual job-searching trips that the school coordinates or participates in:

Destination: New York - Wall Street Week
Month: October
Amount Paid By School: none
Destination: Charlotte
Month: November
Amount Paid By School: none
Destination: New York Interview Day
Month: January
Amount Paid By School: none
Destination: San Francisco - West Coast Forum
Month: January
Amount Paid By School: none
Destination: Atlanta Southeast MBA Interview Forum
Month: March
Amount Paid By School: none

Primary Source of Job Offer

School-facilitated activities: 70  %
Graduate-facilitated activities: 28  %
No information provided by graduate: 2  %

Job Offers for 2008 graduates:

Received first job offer by graduation: 83  %
Received first job offer in three months following graduation: 10  %
Did not report having received a job offer: 7  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

Job-accepting graduates who received a signing bonus:

67 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $  89,891
Median base salary for most recent graduates: $  90,000
Mean signing bonus for most recent graduates: $  18,289
Median signing bonus for most recent graduates: $  15,000
Mean other guaranteed compensation for most recent graduates: $  19,255
Median other guaranteed compensation for most recent graduates: $  10,000

Graduating students who accepted jobs in the following functional areas:

Consulting: 17  %
Finance/Accounting: 35  %
General Management: 15  %
Human Resources: 2  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 23  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 6  %
Other: 2  %

Graduating students who accepted jobs in the following industries:

Consulting: 11  %
Consumer Products: 7  %
Financial Services: 23  %
Manufacturing: 5  %
Media/Entertainment: 4  %
Pharmaceutical/Biotechnology/Health care Products: 26  %
Real Estate: 5  %
Technology: 12  %
Other: 7  %

Graduates who accepted full-time jobs in the following regions:

Asia: 3  %
North America: 97  %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 15  %
Mid-Atlantic: 7  %
South: 54  %
Southwest: 6  %
Midwest: 8  %
West: 10  %

Top Companies - Internships:

Internships awarded that are paid:

94 %

Mean and median intern compensation per week:

Mean :  1,411
Median:  1,462

Average internship length in weeks:

10

SCHOOL COMMENTS

School Comments:

N/A