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FULL-TIME MBA Profiles Publish Date 11/13/08

University of Wisconsin-Madison

School of Business

Getting In

PROGRAM BASICS

Wisconsin full-time MBA

Wisconsin School of Business

975 University Avenue
Grainger Hall
Madison , Wisconsin 53706

Program Web site:

http://www.bus.wisc.edu/mba

Status:

Public Institution

Program e-mail address:

mba@bus.wisc.edu

Graduate business school is accredited by:


AACSB International

Years in which the following programs were founded:


Full-time MBA: 1945
Part-time MBA : 1998
Undergraduate business program: 1900
Executive MBA: 1993
Executive Education (non-degree): 1944
PhD program: 1951

PROGRAM COSTS

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


Resident : $  22,957
Nonresident : $  53,137
Recommended annual budget (Resident): $  18,124
Recommended annual budget (Nonresident): $  18,124

PROGRAM LENGTH

Full-time program (months):

21

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 473
Full-time MBA: 231
Part-time MBA: 160
Executive MBA: 82

PhD program: 56
MS: 21

Undergraduate business school enrollment

1,449

Graduate degree programs:


Master of Accounting

Master of Finance

Other graduate degree programs:

Master of Actuarial Science

ADMISSIONS

Application Deadlines

11/5/2008 2/4/2009 4/1/2008 5/27/2008

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?


TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

600

Relative importance: Application Elements

GMAT Score:

Important

Resume/Work Experience:

Very Important

Application Essays:

Important

Interviews:

Considered

Recommendations:

Important

Undergraduate Transcripts:

Important

APPLICANTS

Applications (admitted and denied) to the newest class:

508

Applicants who were accepted to the most recent class:

33 %

Admitted applicants who enrolled in the newest class:

80 %

Applicants who were re-applicants from prior years:

5 %

Percentage of this year's reapplicants accepted:

50 %

Applicants wait-listed during the last admissions cycle:

104

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

21

Applicant interviews are:

Not required

APPLICANT POOL

International applications received:

44 %

Applications from women received:

33 %

Mean base salary forgone:

$  52,194

Median base salary forgone:

$  50,000

CLASS PROFILE

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


Female: 30  %
International: 13  %
Married: 16  %

Ethnicity/US Students in Program


African American: 7  %
Asian American: 6  %
Hispanic or Latino American: 2  %
Native American: 1  %
White (Non-Hispanic): 62  %
Chose not to report: 43  %

Students from following regions:


Africa : 1  %
Asia: 19  %
North America: 77  %
Western Europe: 3  %

Entering North American citizens by region:


Northeast: 17  %
Mid-Atlantic: 6  %
South: 10  %
Southwest: 1  %
Midwest : 58  %
West: 7  %
Possessions and territories: 1  %

Mean months of work experience of newest entering class:

53

Median months of work experience of newest entering class:

48

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


From:  20
To:  92

Median age of entering class:

27

Mean age of entering class:

28

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

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

100 %

Full-time MBAs receiving financial aid through school:

79 %

Mean MBA financial aid package for the current academic year:

$  18,346

Median MBA financial aid package for the current academic year:

$  20,816

On what basis are scholarships awarded?


academic merit

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

30

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

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

$  4,987

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

18 %

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

No

GMAT

Applicants required to take the GMAT?

Yes

Mean : 666
Median: 660

Middle 80% range GMAT scores:


From:  610
To:  730

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

63

Average students in a full-time MBA elective class:

20

Elective courses available to full-time MBA students:

125

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


Strategic Management in the Life & Engineering Sciences
Emerging Issues in New Product Development

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

2004

Concentrations and specializations offered to full-time MBA students:


Arts Administration

Entrepreneurship

Finance

Human Resource Management

Insurance

Management Information Systems

Manufacturing and Technology Management

Marketing

Operations Management

Portfolio Management

Real Estate

Supply Chain Management

Joint-degree programs offered to full-time MBAs:


MBA/JD (Law)

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

No

FACULTY

Faculty employed by the B-school:

75

Full-time faculty


Tenured: 56
Non-Tenured: 19

Adjunct/Visiting Faculty


Tenured: 0
Non-Tenured: 0

Women on Faculty


Tenured: 8
Non-Tenured: 9

Minority Faculty


Tenured: 1
Non-Tenured: 0

International Faculty


Tenured: 6
Non-Tenured: 4

Faculty with PhDs


Tenured: 55
Non-Tenured: 19

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

21 %

STUDENT LIFE

Professional clubs available to full-time MBA students:


Business Ethics

Corporate Social Responsibility/NetImpact

Entrepreneurship

Environmental

Finance

Human Resources

Information Technology

Manufacturing

Marketing

Nonprofit

Other

Networking clubs available to full-time MBA students:


Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used


Case study: 25  %
Distance Learning: 0  %
Experiential Learning: 17  %
Lecture: 30  %
Simulations: 10  %
Team Project: 18  %
Other: 0  %

Requirements for graduation:


Students must have attended a minimum number of classes

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:

Arts Administration students: thesis is required

TECHNOLOGY

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

Yes

Technology improvements in the last three academic years:

New technology-equipped classrooms were added for the MBA program. New MBA specialization spaces were also added for collaboration between students, and these spaces are equipped with desktop computers, wireless internet access for laptop computers, and audio-visual projection systems. Videoconferencing capabilities in the school were upgraded. Improvements were made to server-based research computing resources, including a new survey software system. Online systems requiring usernames and passwords were integrated to reduce multiple sign-ins.

Amount spent:

$  1,100,000

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

6,694

Active MBA alumni clubs

0

Countries in which MBA clubs exist

0

Living MBA alumni who gave in past year:

13 %

Mean gift from MBA alumni:

$  7,791

Median gift from MBA alumni

$  100

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

Yes

Business School Endowment

$  147,500,000

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.uwalumni.com/

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://www.bus.wisc.edu/alumni/

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 88  %
Graduates not seeking employment: 12  %
Graduates for whom you have no information regarding employment: 0  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 29  %
Percentage who were continuing their education (after graduation): 29  %
Percentage who were postponing their job search: 21  %
Percentage who were starting their own business(es) : 14  %
Percentage who were not seeking employment for other reasons: 7  %

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


Destination: New York, NY Real Estate Club Trip
Month: February
Amount Paid By School: partial
Destination: National Black MBA
Month: September
Amount Paid By School: Partial
Destination: National Society of Hispanic MBAs
Month: October
Amount Paid By School: Partial
Destination: New York/Boston/Chicago
Month: January
Amount Paid By School: Partial
Destination: Reaching Out
Month: November
Amount Paid By School: Partial

Primary Source of Job Offer


School-facilitated activities: 78  %
Graduate-facilitated activities: 22  %
No information provided by graduate: 0  %

Job Offers for 2008 graduates:


Received first job offer by graduation: 84  %
Received first job offer in three months following graduation: 10  %
Received first job offer more than 3 months after graduation: 0  %
Did not report having received a job offer: 6  %

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


Procter & Gamble

6

Hewlett-Packard

4

Kraft

4

Bank of America Corp.

3

Kimberly-Clark

3

General Mills

2

Johnson & Johnson

2

General Electric

1

Nestle

1

Alltel Wireless

2

CUNA

2

Intuit

2

Johnson Controls

2

American Century

1

Munich Re

1

Job-accepting graduates who received a signing bonus:

77 %

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


Mean base salary for most recent graduates: $  88,626
Median base salary for most recent graduates: $  90,000
Mean signing bonus for most recent graduates: $  16,034
Median signing bonus for most recent graduates: $  15,000
Mean other guaranteed compensation for most recent graduates: $  15,504
Median other guaranteed compensation for most recent graduates: $  9,900

Graduating students who accepted jobs in the following functional areas:


Consulting: 10  %
Finance/Accounting: 41  %
General Management: 4  %
Human Resources: 1  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 33  %
Management Information Systems (MIS): 1  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 8  %
Other: 2  %

Graduating students who accepted jobs in the following industries:


Government (Federal, State, Local, Military): 1  %
Consulting: 5  %
Consumer Products: 29  %
Financial Services: 24  %
Manufacturing: 10  %
Media/Entertainment: 0  %
Non-Profit: 1  %
Petroleum/Energy: 2  %
Pharmaceutical/Biotechnology/Health care Products: 2  %
Real Estate: 12  %
Technology: 12  %
Other: 2  %

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


Africa: 0  %
Asia: 2  %
Eastern and Central Europe and Central Asia: 1  %
Latin America and the Caribbean: 0  %
Middle East: 0  %
North America: 97  %
Oceana: 0  %
Western Europe: 0  %

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


Northeast: 16  %
Mid-Atlantic: 2  %
South: 5  %
Southwest: 3  %
Midwest: 64  %
West: 10  %
Possessions and territories: 0  %
Canada: 0  %

Top Companies - Internships:


Kraft

5

Procter & Gamble

4

Credit Suisse Group

3

Nestle

3

Target Corp.

3

Best Buy

2

Cisco

2

General Mills

2

Hewlett-Packard

2

Johnson & Johnson

2

Johnson Controls

4

SC Johnson

3

Lands' End

2

Northwestern Mutual

2

Victory Capital

2

Internships awarded that are paid:

100 %

Mean and median intern compensation per week:


Mean :  5,195
Median:  5,413

Average internship length in weeks:

12

SCHOOL COMMENTS

School Comments:

For the question asking % international, I excluded 7 international student b/c their address where they were living at the time they applied was U.S. This is according to your instructions.

Graduate Comments

The small classes and specialization structure ensured that networking opportunities with alumni, potential employers and the Center's Board was all possible. --Marketing

UW-Madison is an excellent business school to consider because the second-year curriculum is especially geared towards specific career paths such as real estate, marketing research, and entrepreneurship. There is also a pretty strong core curriculum, although other B-Schools seem to offer strong foundation courses.

The value (cost vs. benefits) of the UW Madison MBA program is great. A large number of the MBA students are offered scholarships or project/teaching assistantships. I did not have to incur a student loan for my MBA, and still received a great education, so I recommend this school's MBA program to my friends. Accounting

I would encourage others to enroll in a different specialty than the one that I chose. Not that mine was weak, but there are some truly phenomenal opportunities in other specialties (such as finance or product and brand management). Operations

At the center for brand and product management I have been exposed to some of the best professors, executives and companies lead by marketers including the most prominent CPG firms in the country (P&G, Kraft, General Mills, SC Johnson etc.) The applied learning sessions inside and outside of the classroom were extremely valuable, today we had a sales management program with Intuit sales directors to talk about their channel strategy for the Qucikbooks line of products. You just don't receive this kind of first person leaning from a Harvard business case. --Marketing

I would recommend that they enroll in the real estate specialization. UW Madison is a focused program where you must apply directly to 1 of 14 specializations. The first year you take three courses in your specialization and the rest are Core MBA classes. Thus, we essentially got an MBA and an MS in real estate.--NA

Wisconsin provided a great educational environment with a tremendous focus on what I needed - marketing skills This was achieved through a Center based designed program. Madison was also a great town to be in for two years as it offered a lot including top restaurants, arts, entertainment, etc...--Marketing

The Real Estate Department at the University of Wisconsin is consistently ranked as one of the top three programs in the country. The faculty, practitioners, alumni and international exposure were the highlights of the program. The alumni network was extremely useful in searching for employment opportunities for internships as well as post-graduation.--NA

It was a great learning experience with outstanding finance professors, and real life projects during the second year.--Investment Banking

Although the program was a start-up, it had good profs with the right attitude towards incorporating student suggestions and interests. Feeling from most profs was that the learning went both ways.--Marketing

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