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Part-Time MBA Profile Publish Date 05/27/12

Drake University

College of Business & Public Administration

  • PROGRAM BASICS

      • Percentage of part-time students who graduate within six years of entering program: 97 %
      • Average months to complete program: 24
      • Maximum months permitted to complete program: 60
      • Does the school have a separate full-time MBA program? No

    • Tuition and Fees: (Based on six credits in the fall and six credits in the spring)

      • Resident: $7,068.00
      • Non-Resident: $7,068.00

    • Tuition per credit:

      • Resident $578.00
      • Non-resident $578.00
      • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 473
      • Part-Time MBA: 195
      • Graduate degree programs: Master of Accounting, Master of Finance, Other
      • Other graduate degree programs: Master of Public Administration

  • ADMISSIONS, SELECTIVITY AND YIELD

      • Total applications, most recent entering class: 50
      • Applications accepted, most recent entering class: 90 %
      • Admitted students enrolled: 76 %
      • Applicants wait-listed during the last admissions cycle: 0
      • Applicant interviews are: By invitation only

  • ENTRY REQUIREMENTS

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

    • GMAT score distribution (applicant pool)

      • Average GMAT Score 540
      • 50th Percentile (median) 540
      • 25th Percentile 460
      • 75th Percentile 600
      • 10th Percentile 440
      • 90th Percentile 660

    • GMAT score distribution (incoming class)

      • Average GMAT Score 560
      • 10th Percentile 460
      • 75th Percentile 640
      • 25th Percentile 510
      • 50th Percentile (median) 570
      • 90th Percentile 660
      • Is proficiency in English required? 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: 550

    • Relative Importance of Application Elements:

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

  • CLASS PROFILE

      • Female students: 30 %
      • International students: 10 %

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

      • African American: 0 %
      • Asian American: 0 %
      • Hispanic or Latino American: 3 %
      • Multiethnic/Multiracial: 0 %
      • Native American: 0 %
      • White (Non-Hispanic): 97 %
      • Chose not to report: 0 %
      • Other: 0 %

    • Postgraduate work experience (months):

      • Mean: 45
      • Median: 30
      • From: 0
      • To: 84
      • One year or less: 50 %

    • Organizations that send the most participants to the part-time MBA program:

      • Wells Fargo 58
      • Principal Financial Group 34
      • Allied/Nationwide 27
      • John Deere 11
      • Pioneer Hi-Bred 9
      • Mean age, newest entering class: 25
      • Median age, newest entering clas: 25

  • FINANCIAL AID

      • Part-time MBAs apply for financial aid through: Central financial aid office at the university
      • On what basis are scholarships awarded? A combination of need and merit
      • Full-tuition scholarships awarded, 2011-12: 3
      • How does an applicant apply for scholarship consideration? Unique scholarship application
      • Does school offer a guaranteed loan to all part-time MBAs? No

  • FACULTY

      • Faculty employed by the B-school: 73

    • Full-time faculty:

      • Tenured: 28
      • Non-Tenured: 23

    • Adjunct/Visiting Faculty:

      • Tenured: 0
      • Non-Tenured: 22

    • Women on Faculty:

      • Tenured: 2
      • Non-Tenured: 11

    • Minority Faculty:

      • Tenured: 4
      • Non-Tenured: 1

    • International Faculty:

      • Tenured: 0
      • Non-Tenured: 2

    • Faculty with PhDs:

      • Tenured: 28
      • Non-Tenured: 17

  • STUDENT LIFE

    • Active MBA specialization clubs open to part-time students:

        • Human Resources
      • Do part-time MBA students have their own area/center on campus? No
      • Do part-time MBA students have break-out rooms? Yes

  • TEACHING/ACADEMICS

    • Teaching Methods:

      • Case Study: 10 %
      • Lectures: 50 %
      • Simulations: 10 %
      • Team Projects: 30 %
      • Estimated number of hours per week students spend on classwork, excluding time spent in class: 15
      • Teachers in the part-time program: 36
      • Tenured teachers in the part-time program: 11
      • Faculty with at least five years of full-time corporate experience 90 %
      • Average core class size: 23
      • Average elective class size: 20
      • Electives available: 25

    • Recently added electives:

      • Law in the Workplace
      • Last curriculum revision: 2006
      • Recent curriculum changes: We have partnered with Dardis Communications to offer a two-day interactive workshop geared toward polishing personal and professional presentation skills.

    • Concentrations and specializations offered to part-time MBAs:

        • Accounting
        • Finance
        • Human Resource Management
        • Marketing
        • Entrepreneurship
        • Leadership
        • Public Administration

    • Additional concentrations offered:

      • Health Care Management
      • Does the B-school offer an accelerated part-time MBA program? No

    • Leading areas of study:

        • Finance
        • Leadership
        • Accounting
        • Health Care Administration
        • Public Administration

    • Graduation requirements:

        • Students must have earned a pre-determined GPA/Letter grade average
      • Credits required to graduate: 39

  • TECHNOLOGY

      • Technology improvements in the last three academic years: Classroom renovations, new & renewed software licensing for research and classroom support, and server and lab support.
      • Amount spent: $487,650.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 3,745
      • Active MBA alumni clubs: 0
      • Countries in which MBA clubs exist: 0
      • Living MBA alumni who gave in past year: 9 %
      • Mean gift from MBA alumni: $880.00
      • Median gift from MBA alumni: $125.00
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Business school endowment $7,801,010.00
      • 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://alumni.drake.edu
      • Does the B-school offer career services for alumni? Yes
      • Does the B-School have an alumni networking Web site? No
      • Do current MBA students have access to an alumni database? Yes

  • CAREER SERVICES

      • Do part-time MBAs have access to career development office?
        • Yes
      • If yes, at what point in the degree process are part-time MBA students able to use the service?
        • At any time
      • Are part-time students included in resume drops? Yes

Getting In

B-School Life

Finding a Job

Paying the Bills