Program Basics

• • Full-Time MBA, Mason School of Business, The College of William and Mary
  • Mason School of Business,The College of William and Mary
  • Alan B. Miller Hall
  • 101 Ukrop Way
  • Williamsburg, 23185, Virginia
  • United States
  • Program Web site: http://mason.wm.edu/programs/ftmba/index.php
  • Status: Public
  • Program e-mail address: admissions@mason.wm.edu
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)
    • Other

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 442
  • Full-Time MBA: 229
  • Part-Time MBA: 180
  • Executive MBA: 33
• • Other graduate degree programs:
    • Master of Accounting

PROGRAM COSTS

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

  • Resident: $54,400.00
  • Nonresident: $76,500.00
  • Recommended annual budget (Resident): $43,300.00
  • Recommended annual budget (Nonresident): $54,350.00

PROGRAM LENGTH

• • Full-time program (months): 21

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Nov 1, 2011
  • Semester: Fall 2012
  • Deadline: Jan 10, 2012
  • Semester: Fall 2012
  • Deadline: Mar 6, 2012
  • Semester: Fall 2012
  • Deadline: May 15, 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? No

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test

• Relative Importance of Application Elements:

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

APPLICANTS

• • Applications (admitted and denied) to the newest class: 347
  • Applicants who were accepted to the most recent class: 56 %
  • Admitted applicants who enrolled in the newest class: 54 %
  • Applicants who were re-applicants from prior years: 4 %
  • Percentage of this year's reapplicants accepted: 80 %
  • Applicants wait-listed during the last admissions cycle: 19
  • Wait-listed applicants admitted for the semester to which they applied: 1
  • Applicant interviews are: By invitation only
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • Applications from women received: 32 %

CLASS PROFILE

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

  • Female: 30 %
  • International: 32 %

• Students from following regions:

  • Africa: 3 %
  • Asia: 28 %
  • Europe: 1 %
  • North America: 66 %
  • Latin America and the Caribbean: 2 %
  • Oceania: 0 %
  • Dual citizenship: 0 %

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

  • African American: 6 %
  • Asian American: 3 %
  • Hispanic or Latino American: 4 %
  • Multiethnic/Multiracial: 3 %
  • Native American: 1 %
  • White (Non-Hispanic): 82 %
  • Chose not to report: 0 %
  • Other: 1 %

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

  • Northeast: 6 %
  • Mid-Atlantic: 67 %
  • South: 11 %
  • Southwest: 4 %
  • Midwest: 1 %
  • West: 11 %
  • Possessions and territories: 0 %
• • Mean months of work experience of newest entering class: 57
  • Median months of work experience of newest entering class: 49

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

  • From: 15
  • To: 96
• • Median age of entering class: 27
  • 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: 73 %
  • Full-time MBAs receiving financial aid in the current academic year: 73 %
  • Mean MBA financial aid package for the current academic year: $29,693.00
  • Median MBA financial aid package for the current academic year: $30,850.00
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $11,230.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 38 %
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? Yes

• GMAT score distribution (applicant pool):

  • 50th Percentile (median) 610
  • 90th Percentile 710
  • 10th Percentile 531
  • Average GMAT Score 614
  • 25th Percentile 578
  • 75th Percentile 663

• GMAT score distribution (incoming class):

  • 25th Percentile 580
  • 10th Percentile 540
  • 50th Percentile (median) 630
  • 90th Percentile 710
  • 75th Percentile 670
  • Average GMAT Score 624

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 63
  • Average number of students in a full-time MBA elective class: 20
  • Elective courses available to full-time MBA students: 40

• Electives that have been added to the full-time program since June 30, 2010:

  • Emerging Market Economies - Brazil
  • Strategic Foresight

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

  • • Consulting
    • Finance
    • Entrepreneurship
    • Marketing
    • Real Estate
    • Operations Management

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

  • • MBA/JD (Law)
    • Other
    • MBA/MIM (International 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
    • Entrepreneurship
    • Marketing
    • Strategy
    • Operations Management

FACULTY

• • Faculty employed by the B-school: 80

• Full-time faculty:

  • Tenured: 36
  • Non-Tenured: 22

• Adjunct/Visiting Faculty:

  • Tenured: 2
  • Non-Tenured: 20

• Women on Faculty:

  • Tenured: 8
  • Non-Tenured: 10

• Minority Faculty:

  • Tenured: 7
  • Non-Tenured: 1

• International Faculty:

  • Tenured: 2
  • Non-Tenured: 4

• Faculty with PhDs:

  • Tenured: 37
  • Non-Tenured: 30

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Other
    • Finance
    • Marketing
    • Information Technology
    • Manufacturing

• Networking clubs available to full-time MBA students:

  • • International Club
    • Partners/Family
    • Women in MBA
    • Other
    • Volunteer
    • Wine

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 25 %
  • Distance Learning: 5 %
  • Experiential Learning: 20 %
  • Lectures: 25 %
  • Simulations: 7 %
  • Team Projects: 15 %
  • Other: 3 %

• Requirements for graduation:

  • • Students must complete a company-specific project and present results to relevant parties
    • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

• • Technology improvements in the last three academic years: In classrooms (14): Lecture capture (6); Video teleconferencing (2); SMART Sympodium interactive monitors (12); Crestron control systems (14); multiple projectors (12); document cameras (12); remote classroom support (14); confidence monitors (12); podium computers (12); DVD/VCR players (12).Elsewhere: Room scheduling panels; digital signage; security camera system; team meeting room flat panel displays w/ laptop connections. Adobe Connect and other associated products
  • Amount spent: $3,600,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 5,651
  • Active MBA alumni clubs: 3
  • Countries in which MBA clubs exist: 1
  • Living MBA alumni who gave in past year: 14 %
  • Mean gift from MBA alumni: $931.00
  • Median gift from MBA alumni: $133.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business School endowment: $52,997,939.00
  • 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: http://www.wmalumni.com/general/login.asp
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.alumniconnections.com/masonalumnicommunity/
  • 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: 83 %
  • Graduates not seeking employment: 30 %
  • Graduates for whom you have no information regarding employment: 3 %

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

  • Destination: Asian MBA Career Expo
  • Month: September
  • Amount Paid By School: Partial
  • Destination: National Black MBA Association Fair
  • Month: October
  • Amount Paid By School: Partial
  • Destination: MBA CareerQuest
  • Month: September
  • Amount Paid By School: Full
  • Destination: National Society of Hispanic MBAs Career Expo
  • Month: October
  • Amount Paid By School: Partial
  • Destination: National Assoication of Women MBAs Career Fair
  • Month: September
  • Amount Paid By School: Partial

• Primary source of job offer:

  • School-facilitated activities: 53 %
  • Graduate-facilitated activities: 21 %
  • No information provided by graduate: 28 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 55 %
  • Received first job offer in three months following graduation: 29 %
  • Did not report having received a job offer: 16 %
  • Accepted first job offer by graduation: 52 %
  • Accepted first job offer in three months following graduation: 30 %
  • Did not report having accepted a job offer: 18 %

• Top recruiting organizations most recent academic year:

  • Deloitte Consulting 6
  • IBM 6
  • Amerigroup 2
  • Capital One 2
  • Genworth Financial 2
  • Pricewaterhouse Coopers 2
  • Reckitt Benckiser 2
  • Amazon 1
  • B B & T 1
  • BlackRock 1
  • Bristol-Myers Squibb 1
  • Deutsche Bank 1
  • Mercer 1
  • Volkswagon of America 1
  • Wells Fargo 1
• • Job-accepting graduates who received a signing bonus: 39 %

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

  • Mean base salary: $73,165.00
  • Median base salary: $73,000.00
  • Mean signing bonus: $9,500.00
  • Median signing bonus: $8,000.00
  • Mean other guaranteed compensation: $5,825.00
  • Median other guaranteed compensation: $5,425.00

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

  • Consulting: 19 %
  • Finance/Accounting: 24 %
  • General Management: 3 %
  • Human Resources: 4 %
  • Marketing/Sales: 28 %
  • Management Information Systems: 7 %
  • Operations/Logistics: 2 %
  • Other: 13 %

• Graduating students who accepted jobs in the following industries:

  • Government: 1 %
  • Consulting: 22 %
  • Consumer Products: 10 %
  • Financial Services: 24 %
  • Manufacturing: 2 %
  • Media/Entertainment: 3 %
  • Non-Profit: 3 %
  • Petroleum/Energy: 2 %
  • Pharmaceutical/Biotechnology/Health Care: 4 %
  • Real Estate: 1 %
  • Technology: 15 %
  • Other: 13 %

• 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: 15 %
  • Mid-Atlantic: 62 %
  • South: 6 %
  • Southwest: 6 %
  • Midwest: 5 %
  • West: 6 %

• Top recruiting organizations for internships, most recent academic year:

  • Tamerlane Global Services 4
  • A T & T Advertising Solutions 2
  • IBM 2
  • NII Holdings 2
  • Swisslog 2
  • Xenith Bank 1
  • Dominion Resources 1
  • eBay 1
  • Ernst & Young 1
  • GE Capital 1
  • Hewlett-Packard 1
  • Hilton Worldwide 1
  • Mercer 1
  • Ocean Spray 1
  • Smithfield Foods 1

• Weekly internship compensation:

  • Mean: $1,009.00
  • Median: $693.00

• • -With the small class size at the Mason School, there is a strong bond formed between classmates, faculty, and staff. The faculty and staff show obvious concern for the students' learning experience and go out of their way to attend events outside of the classroom and make themselves available for extra help. With the unique Executive Partners program at Mason, students have unrestricted access to corporate executives who have retired to Williamsburg and have vast networks to tap into. Overall, my experience in this MBA program was outstanding and I would definitely recommend it to any of my friends or colleagues.
    
    -Business school is all about finding the right fit. W&M's size allows for a lot of opportunities to get involved and make a difference and impact, but if someone just wants to move along the path that already exists then they probably won't enjoy the program. W&M is all about being a participant in your education and experience rather than just going through the motions.
    
    -I worked for a large corporation prior to entering the MBA program at William and Mary's Mason School of Business. I wanted to explore entrepreneurial ventures without taking all of the risk. While at Mason I was able to work as an intern for two different start up companies. Both experiences were very challenging and exposed me to the challenges and joys entrepreneurs face. These opportunities and the challenging coursework allowed me to get the education experience I wanted and more. I landed a great job and made some fantastic friends, I definitely recommend the Mason School of Business to any prospective student.
    
    -The Mason School of Business differentiates itself from other programs, because of its Leadership Advantage (LeAd) program and Executive Partner network. Not only are students coached by current and retired executives, but they can utilize those executive networks to help secure jobs. The professors are also here to teach, and with the small class sizes, students really get to interact with them.
    
    -The school has always had a great faculty but has struggled with poor resources for the MBA program. They opened an entirely new, cutting edge business school this year that solved this problem. I expect the Mason School to move up the rankings immediately and continue to move up.
    
    -The Executive Partner program provides an atmosphere where students continually partner and learn from incredibly successful business professionals that have a desire to teach and mentor the next generation. This program creates an environment that is so rich in knowledge and experience that a student cannot help but soak it up during his or her time at Mason.
    
    -The program is great but they have really let us down as far as supporting us in internships and careers. It is very disappointing to have basically no support or guidance, including no alumni network. Without careers the skills are pretty useless.
    
    -The bad job market coupled with the weak career services department (specifically for international students) has been a major ongoing concern. Unless the college strengthens the relationships with employers and brings more companies on campus, the W&M MBA program will not be attractive.
    
    -Mason is a well-rounded and diverse program that allows you to learn all assets of a MBA program and learn from the diverse background of your fellow classmates.
    
    -I had a great experience within my MBA program. As a non-traditional student (no business background and a nonprofit career track), I was expecting to have more trouble conceptually with the program. It turned out to be quite the opposite; I not only gained a lot from the program, I feel I also contributed in a positive way to the program. I would think that my friends and colleagues would have a very similar experience.
    
    -I would not recommend this college because:
    1) College is not located close to any big job market such as NYC or Boston.
    2) Close proximity to Washington DC actually hurts the chances of getting a job at local consulting firms because most of these firms are involved in federal consulting.
    3) The MBA program is not very well known and it is being overshadowed by undergrad BBA program.
    
    -Overall the program at Mason School of Business was extremely strong, and proved a great challenge and offered many rewards, socially, academically and professionally. I was disappointed with the career services office, however they are making great strides in improving that office. The academics are on par with any of the top 15 B-schools and the curriculum is extremely well designed to match the core classes with any electives you chose to pursue. I was especially impressed with the way the last core class in the 2nd semester of 2nd year pulled everything I had learned together over the course of the 2-year degree. My opinions and experiences were validated as I have come into contact and spoken with many MBAs from around the country during my internship and multiple career fairs in Minneapolis and the Washington DC area. From conversations that I've had about curriculum and actual core concepts it is apparent that Mason's program rivals that of major named B-schools -particularly in the quality of teaching, case offerings, and data analysis skills. Mason School of Business is a top-notch program and deserves to be recognized nationally for its strides and improvements over the last few years.