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

Worcester Polytechnic Institute

School of Business

  • Program Basics

      • Full-time MBA
      • Worcester Polytechnic Institute School of Business
      • 100 Institute Road
      • Worcester, 01609, Massachusetts
      • United States
      • Program Web site: http://www.wpi.edu/academics/business/mba.html
      • Status: Private
      • Program e-mail address: business@wpi.edu
      • Graduate business school is accredited by:
        • Association to Advance Collegiate Schools of Business (AACSB)
        • Other

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 286
      • Full-Time MBA: 37
      • Part-Time MBA: 249
      • Other graduate degree programs:
        • Other
      • MS in Information Technology; MS in Marketing and Technological Innovation; MS in Operations Design and Leadership; MS in Management

  • PROGRAM COSTS

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

      • Resident: $59,902.00
      • Nonresident: $59,902.00
      • Recommended annual budget (Resident): $32,643.00
      • Recommended annual budget (Nonresident): $32,643.00

  • PROGRAM LENGTH

      • Full-time program (months): 21

  • ADMISSIONS

    • Application Deadlines

      • Semester: Spring 2012
      • Deadline: Oct 1, 2011
      • Semester: Fall 2012
      • Deadline: Jun 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: 445

    • Relative Importance of Application Elements:

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

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 63
      • Applicants who were accepted to the most recent class: 25 %
      • Admitted applicants who enrolled in the newest class: 62 %
      • Applicants who were re-applicants from prior years: 0 %
      • Percentage of this year's reapplicants accepted: 0 %
      • Applicants wait-listed during the last admissions cycle: 1
      • Wait-listed applicants admitted for the semester to which they applied: 0
      • Applicant interviews are: By invitation only
      • Applicants (admitted and denied) who were interviewed: 70 %
      • Admitted applicants who were interviewed: 100 %

  • APPLICANT POOL

      • International applications received: 90 %
      • Applications from women received: 48 %

  • CLASS PROFILE

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

      • Female: 3 %
      • International: 90 %
      • Married: 10 %

    • Students from following regions:

      • Asia: 80 %
      • North America: 10 %
      • Latin America and the Caribbean: 10 %

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

      • White (Non-Hispanic): 10 %

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

      • Northeast: 10 %
      • Mean months of work experience of newest entering class: 36
      • Median months of work experience of newest entering class: 38

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

      • From: 36
      • To: 44
      • Median age of entering class: 27
      • Mean age of entering class: 27

  • 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: 90 %
      • Full-time MBAs receiving financial aid in the current academic year: 100 %
      • Mean MBA financial aid package for the current academic year: $4,800.00
      • Median MBA financial aid package for the current academic year: $4,800.00
      • On what basis are scholarships awarded?
        • academic merit
      • How does an applicant apply for scholarship consideration? As part of the admissions application
      • Mean scholarship awarded to full-time MBAs in the previous academic year: $27,816.00
      • 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

  • 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) 580
      • 75th Percentile 650
      • 25th Percentile 550
      • 90th Percentile 700
      • 10th Percentile 490
      • Average GMAT Score 594

    • GMAT score distribution (incoming class):

      • 25th Percentile 530
      • 75th Percentile 600
      • 90th Percentile 600
      • Average GMAT Score 570
      • 50th Percentile (median) 570
      • 10th Percentile 510

  • 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: 23

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

      • Business Intelligence

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

        • Management Information Systems
        • Entrepreneurship
        • Supply Chain Management

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

        • MBA/MCS (Computer Science)
        • MBA/MS (Science)
        • MBA/MSIM (Information Management)
        • MBA/Meng (Engineering - Manufacturing Management)
        • MBA/ME (Engineering)
        • MBA/MSEE (Electrical Engineering)
        • MBA/MSIE (Industrial Engineering)
        • MBA/MSME (Mechanical Engineering)
        • MBA/PhD
        • MBA/MSM (Management)
      • Does the school offer an accelerated full-time MBA program? Yes

    • The school believes that its leading areas of study for full-time MBA students are:

        • Technology
        • Entrepreneurship
        • Marketing
        • Management Information Systems
        • Operations Management

  • FACULTY

      • Faculty employed by the B-school: 34

    • Full-time faculty:

      • Tenured: 14
      • Non-Tenured: 11

    • Adjunct/Visiting Faculty:

      • Tenured: 0
      • Non-Tenured: 9

    • Women on Faculty:

      • Tenured: 7
      • Non-Tenured: 7

    • Minority Faculty:

      • Tenured: 0
      • Non-Tenured: 1

    • International Faculty:

      • Tenured: 4
      • Non-Tenured: 4

    • Faculty with PhDs:

      • Tenured: 14
      • Non-Tenured: 14

  • STUDENT LIFE

    • Professional clubs available to full-time MBA students:

        • Entrepreneurship
        • Other
        • VC/ Private Equity

    • Networking clubs available to full-time MBA students:

        • Hispanic Student Organization
        • International Club
        • Women in MBA
        • Gay/Lesbian/Bisexual

  • TEACHING/ACADEMICS

    • Teaching methods used:

      • Case Study: 55 %
      • Experiential Learning: 5 %
      • Lectures: 20 %
      • Team Projects: 20 %

    • 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: State-of-the-art computers in B-school computer lab. Upgrades in B-School Oracle-Lean Lab. Major network upgrades. Server infrastructure upgrades.
      • Amount spent: $175,000.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 1,013
      • Active MBA alumni clubs: 0
      • Countries in which MBA clubs exist: 0
      • Living MBA alumni who gave in past year: 1 %
      • Mean gift from MBA alumni: $2,072.00
      • 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: $15,000,000.00
      • 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://alumniconnect.wpi.edu
      • Does the B-School have an alumni networking Web site? No
      • Does the B-SCHOOL offer career services for alumni? Yes
      • Do current MBA students have access to an alumni database? No

  • CAREER SERVICES

      • Graduates seeking full-time professional MBA employment: 60 %
      • Graduates not seeking employment: 20 %
      • Graduates for whom you have no information regarding employment: 20 %

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

      • Destination: State Street
      • Month: October
      • Amount Paid By School: Full
      • Destination: Cisco
      • Month: September
      • Amount Paid By School: Full
      • Destination: Staples
      • Month: October
      • Amount Paid By School: Full

    • Primary source of job offer:

      • School-facilitated activities: 60 %
      • Graduate-facilitated activities: 20 %
      • No information provided by graduate: 20 %

    • Job Offers for 2011 graduates

      • Received first job offer by graduation: 80 %
      • Did not report having received a job offer: 20 %
      • Accepted first job offer by graduation: 80 %
      • Did not report having accepted a job offer: 20 %

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

      • Asia: 20 %
      • North America: 60 %

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

      • Northeast: 60 %

  • SCHOOL COMMENTS

      • School Comments: This is the first time we've completed the full time survey. We will have more exact data in the future!

Getting In

B-School Life

Finding a Job

Paying the Bills