Go To Businessweek.com
Full-Time MBA Profile Publish Date 05/27/12

Virginia Polytechnic Institute & State University

Pamplin College of Business

  • Program Basics

      • Virginia Tech MBA Program
      • Pamplin College of Business - Graduate Program
      • 1044 Pamplin Hall
      • VA
      • Blacksburg, 24061, Virginia
      • United States
      • Program Web site: http://www.mba.vt.edu
      • Status: Public
      • Program e-mail address: mba@vt.edu
      • Graduate business school is accredited by:
        • Association to Advance Collegiate Schools of Business (AACSB)

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 521
      • Full-Time MBA: 94
      • Part-Time MBA: 126
      • Executive MBA: 59
      • PhD Program: 63
      • Other graduate degree programs:
        • Master of Accounting
        • Other
        • Master of Technology
        • Master of Marketing
      • Masters Hospitality and Tourism Management

  • PROGRAM COSTS

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

      • Resident: $31,210.00
      • Nonresident: $51,246.00
      • Recommended annual budget (Resident): $31,765.00
      • Recommended annual budget (Nonresident): $41,783.00

  • PROGRAM LENGTH

      • Full-time program (months): 21

  • ADMISSIONS

    • Application Deadlines

      • Semester: Fall 2012
      • Deadline: Apr 1, 2012
      • 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? Yes

    • Which English language proficiency tests are accepted?

        • IELTS
        • TOEFL Internet Based Test
        • TOEFL Paper-based Test
      • Minimum paper-based TOEFL score required for MBAs: 550

    • Relative Importance of Application Elements:

      • GMAT Score: Very Important
      • Resume/Work Experience: Very Important
      • Application Essays: Considered
      • Interviews: Important
      • Recommendations: Considered
      • Undergraduate Transcripts: Important

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 130
      • Applicants who were accepted to the most recent class: 59 %
      • Admitted applicants who enrolled in the newest class: 49 %
      • Applicants who were re-applicants from prior years: 3 %
      • Percentage of this year's reapplicants accepted: 100 %
      • Applicants wait-listed during the last admissions cycle: 0
      • Wait-listed applicants admitted for the semester to which they applied: 0
      • Applicant interviews are: Required
      • Applicants (admitted and denied) who were interviewed: 78 %
      • Admitted applicants who were interviewed: 100 %

  • APPLICANT POOL

      • International applications received: 59 %
      • Applications from women received: 32 %
      • Mean base salary forgone: $25,998.00
      • Median base salary forgone: $22,250.00

  • CLASS PROFILE

    • Full-time students in newest entering class (2010-2011) that are:

      • Female: 37 %
      • International: 45 %

    • Students from following regions:

      • Africa: 3 %
      • Asia: 35 %
      • Europe: 5 %
      • North America: 54 %
      • Latin America and the Caribbean: 3 %

    • Percentage of U.S. students in newest entering class that are:

      • White (Non-Hispanic): 100 %

    • Percentage of U.S. students in newest entering class who are from the following regions:

      • Northeast: 19 %
      • Mid-Atlantic: 52 %
      • South: 14 %
      • Midwest: 5 %
      • West: 10 %
      • Mean months of work experience of newest entering class: 25
      • Median months of work experience of newest entering class: 13

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

      • From: 0
      • To: 26
      • Median age of entering class: 24
      • Mean age of entering class: 25

  • 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: 40 %
      • Full-time MBAs receiving financial aid in the current academic year: 91 %
      • Mean MBA financial aid package for the current academic year: $20,804.00
      • Median MBA financial aid package for the current academic year: $21,486.00
      • On what basis are scholarships awarded?
        • a combination of need and merit
        • academic merit
        • financial need
      • 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: $10,741.00
      • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 93 %
      • 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: $31,552.00

  • GMAT

      • Are applicants required to take the GMAT? Yes
      • Are applicants allowed to submit the GRE? No

    • GMAT score distribution (applicant pool):

      • 25th Percentile 570
      • 75th Percentile 670
      • 90th Percentile 700
      • 10th Percentile 470
      • 50th Percentile (median) 620
      • Average GMAT Score 603

    • GMAT score distribution (incoming class):

      • 90th Percentile 700
      • 10th Percentile 565
      • 25th Percentile 590
      • 50th Percentile (median) 630
      • Average GMAT Score 626
      • 75th Percentile 653

  • CLASS OFFERINGS

      • Average number of students in a full-time MBA core class: 39
      • Average number of students in a full-time MBA elective class: 20
      • Elective courses available to full-time MBA students: 9

    • Concentrations and specializations offered to full-time MBA students:

        • Finance
        • General Management
        • Marketing
      • Organizational MGMT & Strategy; Corporate Financial MGMT; Investment/Financial Services MGMT

    • Joint-degree programs offered to full-time MBAs:

        • Other
        • MBA/MSIE (Industrial Engineering)
        • MBA/MIM (International Management)
        • MBA/MSM (Management)
      • 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:

        • Finance
        • General Management
        • Marketing
        • Other
        • Strategy

  • FACULTY

      • Faculty employed by the B-school: 131

    • Full-time faculty:

      • Tenured: 73
      • Non-Tenured: 45

    • Adjunct/Visiting Faculty:

      • Non-Tenured: 13

    • Women on Faculty:

      • Tenured: 17
      • Non-Tenured: 22

    • Minority Faculty:

      • Tenured: 13
      • Non-Tenured: 9

    • International Faculty:

      • Tenured: 5
      • Non-Tenured: 15

    • Faculty with PhDs:

      • Tenured: 73
      • Non-Tenured: 33

  • STUDENT LIFE

    • Professional clubs available to full-time MBA students:

        • Other

    • Networking clubs available to full-time MBA students:

        • Women in MBA
        • Other

  • TEACHING/ACADEMICS

    • Requirements for graduation:

        • Students must have earned a pre-determined GPA/Letter grade average
      • Must complete a plan of study (50 credits). Completion with a C- or better. GPA minimum 3.0; tuition paid in full.

  • TECHNOLOGY

      • Technology improvements in the last three academic years: Upgraded physical networks to 100BaseT. Strong, reliable wireless network in 100% of Business academic buildings. Incoming students receive Windows 7/Office 2010 + all future updates as part of student fees. Upgraded public computer lab with new computers running Windows 7 64bit and maintain a classroom-style lab running Windows 7. Bloomberg terminals available for student use in the computer lab and student organization offices.
      • Amount spent: $500,000.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 4,601
      • Active MBA alumni clubs: 0
      • Countries in which MBA clubs exist: 0
      • Living MBA alumni who gave in past year: 11 %
      • Mean gift from MBA alumni: $542.00
      • Median gift from MBA alumni: $100.00
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Business School endowment: $65,219,713.00
      • 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: https://secure.hosting.vt.edu/alumni.vt.edu/HokieNation/auth/login.php
      • Does the B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://www.pamplin.vt.edu/alumni/index.html
      • Does the B-SCHOOL offer career services for alumni? Yes
      • 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: 13 %
      • Graduates for whom you have no information regarding employment: 0 %

    • Primary source of job offer:

      • School-facilitated activities: 52 %
      • Graduate-facilitated activities: 48 %
      • No information provided by graduate: 0 %

    • Job Offers for 2011 graduates

      • Received first job offer by graduation: 67 %
      • Received first job offer in three months following graduation: 33 %
      • Received first job offer more than 3 months after graduation: 0 %
      • Did not report having received a job offer: 0 %
      • Accepted first job offer by graduation: 67 %
      • Accepted first job offer in three months following graduation: 33 %
      • Accepted first job offer more than 3 months after graduation: 0 %
      • Did not report having accepted a job offer: 0 %

    • Top recruiting organizations most recent academic year:

      • Pricewaterhouse Coopers 1
      • Nike 1
      • Ericsson 1
      • KPMG 1
      • GE Energy 1
      • PWC 1
      • Dominion Resources 1
      • HP Enterprise Business 1
      • Delta Dental 1
      • AECOM 1
      • Ernst & Young 1
      • US Postal Service 1
      • Norfolk Southern 1
      • Medical Facilities of America 1
      • Rackspace Hosting 1
      • Job-accepting graduates who received a signing bonus: 31 %

    • Base salary, signing bonuses and other compensation for most recent employed graduates:

      • Mean base salary: $60,673.00
      • Median base salary: $56,500.00
      • Mean signing bonus: $5,094.00
      • Median signing bonus: $5,000.00
      • Mean other guaranteed compensation: $12,107.00
      • Median other guaranteed compensation: $6,000.00

    • Graduating students who accepted jobs in the following functional areas:

      • Consulting: 31 %
      • Finance/Accounting: 15 %
      • General Management: 12 %
      • Human Resources: 0 %
      • Marketing/Sales: 23 %
      • Management Information Systems: 12 %
      • Operations/Logistics: 7 %
      • Other: 0 %

    • Graduating students who accepted jobs in the following industries:

      • Government: 8 %
      • Consulting: 23 %
      • Consumer Products: 12 %
      • Financial Services: 0 %
      • Manufacturing: 0 %
      • Media/Entertainment: 0 %
      • Non-Profit: 4 %
      • Petroleum/Energy: 12 %
      • Pharmaceutical/Biotechnology/Health Care: 0 %
      • Real Estate: 0 %
      • Technology: 19 %
      • Other: 22 %

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

      • Asia: 4 %
      • North America: 96 %

    • Within the U.S., graduates who accepted full-time jobs in the following regions:

      • Northeast: 8 %
      • Mid-Atlantic: 73 %
      • South: 8 %
      • West: 11 %

  • SCHOOL COMMENTS

      • School Comments: We do not estimate the percentage of class time given to various teaching methods (Q64) because the response can vary depending on the concentration selected and the faculty assigned to particular courses.

Getting In

B-School Life

Finding a Job

Paying the Bills