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Vanderbilt University
Owen Graduate School of Management
Getting In
PROGRAM BASICS
Vanderbilt MBA
Owen Graduate School of Management
401 21st AVenue South
Nashville
,
Tennessee 37203
United States
Program Web site:
Status:
Private Institution
Program e-mail address:
Graduate business school is accredited by:
AACSB International
SCHOOL BASICS
Graduate business school enrollment:
Total:
547
Full-Time MBA:
356
Executive MBA:
98
Graduate degree programs:
Master of Accounting
Master of Finance
Other graduate degree programs:
Master of Management in Health Care
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident :
$
83,584
Nonresident :
$
83,584
Recommended annual budget (Resident):
$
65,664
Recommended annual budget (Nonresident):
$
65,664
PROGRAM LENGTH
Full-time program (months):
22
ADMISSIONS
Application Deadlines
N/A
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
Relative Importance of 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:
915
Applicants who were accepted to the most recent class:
37 %
Admitted applicants who enrolled in the newest class:
55 %
Applicant interviews are:
Required
Applicants (admitted and denied) who were interviewed:
78 %
Admitted applicants who were interviewed:
100 %
APPLICANT POOL
International applications received:
35 %
Applications from women received:
30 %
Mean base salary forgone:
$ 43,306
Median base salary forgone:
$ 41,500
CLASS PROFILE
Full-time students in newest entering class (2009-2010) that are:
Female:
27
%
International:
25
%
Married:
25
%
Students from following regions:
Africa :
4
%
Asia:
21
%
Eastern Europe and Central Asia:
1
%
Latin America and the Caribbean:
4
%
Middle East:
1
%
North America:
67
%
Oceania :
0
%
Western Europe:
2
%
Dual citizenship:
0
%
Percentage of U.S. students in newest entering class that are:
African American:
4
%
Asian American:
11
%
Hispanic or Latino American:
4
%
Multiethnic/Multiracial :
1
%
Native American:
0
%
White (Non-Hispanic):
80
%
Percentage of U.S. students in newest entering class who are from the following regions:
Northeast:
21
%
Mid-Atlantic:
14
%
South:
29
%
Southwest:
10
%
Midwest :
12
%
West:
14
%
Mean months of work experience of newest entering class:
57
Median months of work experience of newest entering class:
60
Middle 80% range of work experience of newest entering class in months:
From:
24
To:
96
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 who applied for financial aid for the current academic year:
100 %
Full-time MBAs receiving financial aid in the current academic year:
79 %
Mean MBA financial aid package for the current academic year:
$ 45,239
Median MBA financial aid package for the current academic year:
$ 54,364
On what basis are scholarships awarded?
Academic merit
Full-tuition scholarships school will award during the upcoming academic year:
14
How does an applicant apply for scholarship consideration?
all candidates are considered for scholarship
Mean scholarship awarded to full-time MBAs in the previous academic year:
$ 18,828
Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study:
100 %
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:
$
76,957
GMAT
Are applicants required to take the GMAT?
Yes
GMAT scores:
Mean :
653
Median:
650
Middle 80% range GMAT scores:
From:
590
To:
720
Academics & Lifestyle
CLASS OFFERINGS
Average number of students in a full-time MBA core class:
40
Average number of students in a full-time MBA elective class:
28
Elective courses available to full-time MBA students:
120
Electives that have been added to the full-time program since June 30, 2009:
Health Care Organizations international seminar Dubai
Marketing Capstone Global Business Trip - Brazil
Business and Society
Social Entrepreneurship
Business and Medicine
Year of last major change or significant overhaul to the core curriculum:
2006
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/ME (Engineering)
MBA/PhD
Other
Does the school offer an accelerated full-time MBA program?
No
The school believes that its leading areas of study for full-time MBA students are:
Entrepreneurship
Finance
General Management
Health Care Administration
Marketing
FACULTY
Faculty employed by the B-school:
53
Full-time faculty:
Tenured:
27
Non-Tenured:
10
Adjunct/Visiting Faculty:
Tenured:
0
Non-Tenured:
10
Women on Faculty:
Tenured:
4
Non-Tenured:
1
Minority Faculty:
Tenured:
1
Non-Tenured:
2
International Faculty:
Tenured:
3
Non-Tenured:
1
Faculty with PhDs:
Tenured:
27
Non-Tenured:
10
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Business Law
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Environmental
Finance
Human Resources
Investment Banking
Manufacturing
Marketing
Media & Entertainment
VC/ Private Equity
Other
Networking clubs available to full-time MBA students:
Black MBA Association
Hispanic Student Organization
International Club
Partners/Family
Volunteer
Wine
Women in MBA
Other
TEACHING/ACADEMICS
Teaching methods used:
Case Study:
20
%
Distance Learning:
0
%
Experiential Learning:
10
%
Lectures:
40
%
Simulations:
10
%
Team Projects:
15
%
Other:
5
%
Immersion/short courses
Requirements for graduation:
Students must have attended a minimum number of classes
Students must have earned a pre-determined GPA/letter grade average
Other:
Additional graduation requirements:
ethics course
TECHNOLOGY
Technology improvements in the last three academic years:
All computers for faculty and staff replaced. Dual LCD monitors provided for all faculty and staff. Large LCD screens installed in student study rooms. Two classrooms completely renovated to include dual HD projectors, document camera and touch screens to allow writing on the screen. Virtual desktop service launched to allow web-based access to a virtual lab of computers. Complete support for Apple computers added.
Amount spent:
$ 440,000
Alumni Affairs & Careers
B-SCHOOL ALUMNI
Living MBA alumni:
6,860
Active MBA alumni clubs:
7
Countries in which MBA clubs exist:
1
Living MBA alumni who gave in past year:
22 %
Mean gift from MBA alumni:
$ 1,019
Median gift from MBA alumni:
$ 200
Did school receive an individual gift in excess of $10 million in the past academic year?
No
Business school endowment
$ 225,526,740
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:
Does the B-School have an alumni networking Web site?
Yes
Business school alumni networking site:
Do current MBA students have access to an alumni database?
Yes
CAREER SERVICES
Graduates seeking full-time professional MBA employment:
78
%
Graduates not seeking employment:
18
%
Graduates for whom you have no information regarding employment:
4
%
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:
National Black MBA Conference
Month:
September
Amount Paid By School:
None
Destination:
NSHMBA Conference
Month:
October
Amount Paid By School:
None
Destination:
SouthEastern MBA Schools Interview Forum
Month:
Nov
Amount Paid By School:
None
Destination:
West Cost Forum
Month:
Jan
Amount Paid By School:
None
Primary source of job offer:
School-facilitated activities:
67
%
Graduate-facilitated activities:
28
%
No information provided by graduate:
5
%
Job Offers for 2009 graduates:
Received first job offer by graduation:
70
%
Received first job offer in three months following graduation:
11
%
Did not report having received a job offer:
19
%
Accepted first job offer by graduation:
54
%
Accepted first job offer in three months following graduation:
19
%
Did not report having accepted a job offer:
27
%
Top recruiting organizations most recent academic year:
Bank of America
5
Deloitte Consulting
5
ExxonMobile
5
Humana
5
Accretive Health
3
Coco-Cola Enterprises
3
Johnson & Johnson
3
Citi
2
Davita
2
General Electronic
2
Mattel
2
McKesson
2
UBS
2
Walmart
3
Wipro TEchnologies
2
Job-accepting graduates who received a signing bonus:
46 %
Base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary:
$
91,569
Median base salary:
$
95,000
Mean signing bonus:
$
19,799
Median signing bonus:
$
15,000
Mean other guaranteed compensation:
$
24,000
Median other guaranteed compensation:
$
21,000
Graduating students who accepted jobs in the following functional areas:
Consulting:
14
%
Finance/Accounting:
40
%
General Management:
11
%
Human Resources:
4
%
Marketing/Sales:
20
%
Operations/Logistics:
8
%
Other:
3
%
Graduating students who accepted jobs in the following industries:
Government:
3
%
Consulting:
8
%
Consumer Products:
13
%
Financial Services:
23
%
Manufacturing:
4
%
Non-Profit:
3
%
Petroleum/Energy:
4
%
Pharmaceutical/Biotechnology/Health Care:
29
%
Real Estate:
3
%
Technology:
5
%
Other:
5
%
Graduates who accepted full-time jobs in the following regions:
Africa:
0
%
Asia:
5
%
Eastern and Central Europe and Central Asia:
0
%
Latin America and the Caribbean:
1
%
North America:
94
%
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast:
19
%
Mid-Atlantic:
7
%
South:
44
%
Southwest:
6
%
Midwest:
16
%
West:
8
%
Top recruiting organizations for internships, most recent academic year:
Vanderbilt University
10
McKesson Corporation
6
Delek US Holdings
4
Procter & Gamble
4
UBS
3
Vanderbilt University Medical Center
3
apple
2
Bank of America
2
coca-cola Enterprises
2
General Mills
2
Goldman Sachs
2
HCA
2
Mattel
2
Modern Holdings
2
Nissan North America
2
Internships awarded that are paid:
85 %
Weekly internship compensation:
Mean:
$ 1,255
Median:
$ 1,300
Average internship length in weeks:
10
SCHOOL COMMENTS
School Comments:
N/A
Graduate Comments
Owen at Vanderbilt has been a jewel in the rough for me. I learned a tremendous amount from great faculty that has prepared me for a post-MBA career and has helped me grow as a person. While the curriculum has been rigorous, I was also able to have balance with a great network of friends and an abundance of activities. -- Investment Banking
Owen is such a close knit community. You can't help but learn from your peers, the faculty, and staff. It was the best two years of my life! -- Marketing
The program has excellent professors and the quality of work assigned is quite high. The atmosphere is quite friendly and it's easy to build networks. -- Finance
Owen MBA has helped me to change my career even at the age of 41. I have landed with my dream job in investment banking. -- Investment Banking
The Finance education I have received at Vanderbilt rivals that of other schools. This was evident over the summer when I was as well or better prepared for my internship than those from other schools. -- Finance
The community at Owen is amazing and such Camaraderie truly lends itself to an increase in interpersonal skills among students. -- Entrepreneurship
I took advantage of the opportunity to study abroad for a semester, and thought it was one of the greatest aspects of Owen - the relationships with the other international schools. -- Human Resources
The finance curriculum is challenging, yet the accessibility of the faculty and collegial atmosphere of Owen make the daily grind surprisingly enjoyable. -- Finance
Negative: Lack of diversity. -- Marketing
When I was attending Owen, it was the first time in my college career that I actually felt challenged in the classroom. -- Marketing
Vanderbilt is a great school and its small size is a big asset. -- Investment Banking
Much of the information you gain during an MBA experience can be picked up by reading the WSJ daily, but Owen challenged me to become the leader I have always wanted to be. I was able to lead my peers and gain the confidence to advance in my career. -- Consulting
I absolutely loved my time at Owen and would recommend it to anyone. -- Marketing
There are many different things people want to get out of an MBA program. I believe that where you want to end up is a very important factor in where you go to MBA school. When I came in, I wanted to stay in the Southeast. I ended up taking an Investment Banking job in New York, because Owen opened my eyes to what a challenging experience this might be. However, had this been my goal to begin with, I probably should have targeted schools in the Northeast. -- Investment Banking
The program is well balanced and emphasizes both theoretical as well as real life learning. It is good to study in small school and Vanderbilt has a friendly environment. -- Finance
The program was good but location makes it difficult for jobs outside the South. The companies that come to the school also need to increase and get better. -- Finance
I would definitely urge friends or colleagues to enroll at Owen, without a doubt. The personalized nature of the program is what most impressed me. You really feel like you are a part of a family at Owen. While competition is an important aspect of any b-school culture, this program succeeds at creating a balance between scholastic activities and extra curricular endeavors - especially with respect to serving the Nashville community. -- Entrepreneurship
As a career switcher, completing an MBA was integral to changing the direction of my career path. For people looking to radically switch careers, getting an MBA gives you the necessary skills, signals your commitment to performing well in your new career, and gives you access to contacts and career services to secure the job you want. Owen excels in all of these aspects, especially in the Healthcare program. -- Marketing
I have already urged multiple colleagues to enroll for the vast opportunities that Owen represents. -- Operations
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