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2002 FULL-TIME MBA PROFILE University of Illinois at Urbana/Champaign College of Commerce and Business Administration
ENROLLMENT
Year program was founded: 1938
Institution is: U.S., Public
Length of program: 21 months
Total graduate enrollment 1,083 Full-time 387 Part-time MBA students (on-campus) n/a Part-time MBA students (distance program) n/a EMBA 64 PhD program 169 Current total undergraduate business school enrollment 3,297 Increase in full-time students during last 12 months n/a
STUDENT PROFILE
Female students in class 31% International students (1) 43% Underrepresented minority (2) students 6% Married n/a
Percent students from following regions: Africa n/a Asia 37% Central/South America, Mexico 4% Eastern Europe 1% Middle East n/a North America (Canada: n/a / U.S.: n/a ) 57% Oceania n/a Western Europe 1%
North American students by region: Canada n/a Mid-Atlantic U.S. n/a Midwest U.S. 84% Northeast U.S. 5% South U.S. 5% Southwest U.S. 3% U.S. Possessions and territories n/a West U.S. 3%
(1) Students from countries other than the school's home country.
(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.
CLASS TRAITS
GMAT Scores Average 640 Range (middle 80%) 570 - 700
TOEFL Scores* Mean TOEFL score 627 Minimum TOEFL score required n/a
Work Experience (months) Average 48 Range (middle 80%) 9 - 92 Enrolled students with one year or less of work experience 16%
Student Age (years) Average 26 Range (middle 80%) 22 - 31
Salary Average annual pay forgone to enter program n/a
* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee (resident): $40
Application fee (non resident): $50
1,157 people applied to the full-time MBA program in 2002. The school accepted 31% (selectivity) of those applicants, and 46% of admitted applicants (yield) enrolled in the program.
The B-school placed 112 applicant(s) on its wait list, from which 39 ultimately enrolled in the program. 8% of applicants had applied in prior years, and of those reapplicants 18% were accepted.
Applicant Profile: Female applicants 30% International applicants (1) 76% Underrepresented minority (2) applicants 3% Applicants with one year or less work experience 19%
Interviews for MBA applicants are: By invitation only
In 2002, the B-school interviewed 16% of its full-time MBA applicants, and 59% of its admitted applicants.
(1) Applicants from countries other than the school's home country.
(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.
INVESTMENT AND DEADLINES FOR CLASS OF 2005
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars) Resident $30,552 Nonresident $48,400 Expected monthly rent $450 Recommended annual budget (1) $26,866
Application deadline(s) Dec. 15, 2002 Jan. 15, 2003 Mar. 15, 2003
Rolling admissions? Yes
Financial aid deadline(s): Apr. 1, 2003 First-year MBAs: Average financial aid package $18,500 Range (middle 80%) $0 - $38,250 Average first-year scholarship awards (not including loans) $4,683
Second-year MBAs: Average financial aid package $18,500 Range (middle 80%) $0 - $36,850 Average second-year scholarship awards (not including loans) $5,475 Full-time MBAs receiving financial aid through B-school 21%
Graduate assistantships offered to qualifying MBAs? No
Scholarships are merit or need based? Merit-based
4 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months
Guaranteed loan? (2) No
Maximum amount students can borrow: n/a
Average outstanding loans for 2002 graduates: $33,000
Financial aid web-site: http://www.mba.uiuc.edu/prospect/admissions/ financ
(1) Student budget includes tuition fees and living expenses.
(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.
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