PROGRAM BASICS
Vanderbilt MBA
Vanderbilt Owen Graduate School of Management
401 21st Avenue South
Nashville , Tennessee 37203
Program Web site:
Status:
Private Institution
Program e-mail address:
Graduate business school is accredited by:
AACSB International
Years in which the following programs were founded:
Full-time MBA: 1969
Executive MBA: 1978
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident : $ 80,334
Nonresident : $ 80,334
Recommended annual budget (Resident): $ 23,500
Recommended annual budget (Nonresident): $ 23,500
PROGRAM LENGTH
Full-time program (months):
21
ENROLLMENT
Graduate business school enrollment
Total graduate business school: 477
Full-time MBA: 382
Executive MBA: 95
PhD program: 17
Other: 52
Graduate degree programs:
Master of Accounting
Master of Finance
Other graduate degree programs:
N/A
ADMISSIONS
Application Deadlines
October 13, 2008 November 17, 2008 January 5, 2009 March 1, 2009
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 Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Other: N/A
Relative importance: Application Elements
GMAT Score:
Very Important
Resume/Work Experience:
Very Important
Application Essays:
Very Important
Interviews:
Very Important
Recommendations:
Very Important
Undergraduate Transcripts:
Very Important
APPLICANTS
Applications (admitted and denied) to the newest class:
986
Applicants who were accepted to the most recent class:
36 %
Admitted applicants who enrolled in the newest class:
50 %
Applicants who were re-applicants from prior years:
4 %
Percentage of this year’s reapplicants accepted:
33 %
Applicants wait-listed during the last admissions cycle:
23
Wait-listed applicants admitted for the semester to which they applied:
19
Applicant interviews are:
Required
Applicants (admitted and denied) who were interviewed:
84 %
Admitted applicants who were interviewed:
100 %
APPLICANT POOL
International applications received:
42 %
Applications from women received:
28 %
Mean base salary forgone:
$ 57,682
Median base salary forgone:
$ 45,000
CLASS PROFILE
Full-time students in newest entering class (2008-2009) that are:
Female: 25 %
International: 18 %
Married: 23 %
Ethnicity/US Students in Program
African American: 4 %
Asian American: 7 %
Hispanic or Latino American: 2 %
Multiethnic/Multiracial : 1 %
White (Non-Hispanic): 83 %
Chose not to report: 3 %
Students from following regions:
Asia: 14 %
Latin America and the Caribbean: 3 %
Middle East: 1 %
North America: 82 %
Percentage of students with dual citizenship: 3 %
Entering North American citizens by region:
Northeast: 20 %
Mid-Atlantic: 6 %
South: 41 %
Southwest: 11 %
Midwest : 6 %
West: 16 %
Mean months of work experience of newest entering class:
55
Median months of work experience of newest entering class:
48
Middle 80% range of work experience of newest entering class in months:
From: 24
To: 84
Median age of entering class:
28
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 applied for financial aid for the current academic year:
100 %
Full-time MBAs receiving financial aid through school:
78 %
Mean MBA financial aid package for the current academic year:
$ 43,708
Median MBA financial aid package for the current academic year:
$ 50,500
On what basis are scholarships awarded?
academic merit
Full-tuition scholarships school will award during the upcoming academic year:
12
How does an applicant apply for scholarship consideration?
As part of the admissions application
Mean scholarships awarded to full-time MBAs in the previous academic year:
$ 19,175
Percentage of second-year students receiving the same or more amount of money in their second year of study:
99 %
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
No
Mean outstanding debt among the most recent graduates from the full-time MBA program:
$ 85,780
GMAT
Applicants required to take the GMAT?
Yes
Mean : 656
Median: 650
Middle 80% range GMAT scores:
From: 580
To: 730
CLASS OFFERINGS
Average students in a full-time MBA core class:
45
Average students in a full-time MBA elective class:
32
Elective courses available to full-time MBA students:
130
Electives that have been added to the full-time program since June 30, 2008:
Training Systems Management (HR); Essentials of Project
Mgmt; Health Care Operations; Research in Financial
Reporting; Recording Industry; Leadership for Nonprofit
Mgmt; Artist Mgmt; Real Estate Project Capstone; Corp
Restructuring; Property Mgmt; Real Estate Transactions
Year of last major change or significant overhaul to the core curriculum:
2007
Concentrations and specializations offered to full-time MBA students:
Accounting
Entrepreneurship
Finance
General Management
Health Care Administration
Human Resource Management
International Business
Marketing
Operations Management
Real Estate
Strategy
Technology
Other: Brand Management, Corporate Finance, Investment Management
Joint-degree programs offered to full-time MBAs:
MBA/JD (Law)
MBA/MA (Arts)
MBA/MD (Medicine)
MBA/MSN (Nursing)
MBA/PhD
Other
Does the school offer an accelerated full-time MBA program?
No
FACULTY
Faculty employed by the B-school:
89
Full-time faculty
Tenured: 34
Non-Tenured: 18
Adjunct/Visiting Faculty
Tenured: 5
Non-Tenured: 43
Women on Faculty
Tenured: 4
Non-Tenured: 9
Minority Faculty
Tenured: 0
Non-Tenured: 4
International Faculty
Tenured: 5
Non-Tenured: 7
Faculty with PhDs
Tenured: 34
Non-Tenured: 38
Faculty who are also members of company boards of directors or advisors:
7 %
Faculty who have owned their own business:
8 %
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Finance
Human Resources
Manufacturing
Marketing
Media & Entertainment
Networking clubs available to full-time MBA students:
Black MBA Association
Hispanic Student Organization
International Club
Partners/Family
Volunteer
Wine
Women in MBA
TEACHING/ACADEMICS
Teaching methods used
Case study: 30 %
Experiential Learning: 5 %
Lecture: 40 %
Simulations: 10 %
Team Project: 15 %
Requirements for graduation:
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:
62 credit hours; complete an ethics/CSR course
TECHNOLOGY
Is there a wireless network in main B-school buildings?
Yes
Technology improvements in the last three academic years:
Two classrooms were upgraded to dual high definition projectors with a digital document camera, and two screens on the podium that can be written on with a digital pen. Data center operations have been centralized to a tier two data center. Storage has been added to provide more email and file storage space. Full support for Apple computers is now available. A virtual desktop service allows Mac or PC users access to any special software for academic needs from any platform anytime without having to go to a computer lab. A Nintendo Wii was installed in the student lounge. All computers for faculty/staff/classrooms/labs were replaced Summer 2008. Additional printers were installed at more locations for students.
Amount spent:
$ 425,000
ALUMNI
Living MBA alumni:
7,008
Active MBA alumni clubs
1
Countries in which MBA clubs exist
0
Living MBA alumni who gave in past year:
19 %
Mean gift from MBA alumni:
$ 1,839
Median gift from MBA alumni
$ 200
Did school receive an individual gift in excess of $10 million in past academic year?
No
Business School Endowment
$ 279,748,181
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:
Does the B-School have an alumni networking site:
Yes
Business school alumni networking site:
http://www.owen.vanderbilt.edu/vanderbilt/Community/alumni/index.cfm
Do current MBA students have access to an alumni database?
Yes
CAREER SERVICES
Graduates seeking full-time professional MBA employment: 87 %
Graduates not seeking employment: 11 %
Graduates for whom you have no information regarding employment: 2 %
Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 67 %
Percentage who were continuing their education (after graduation): 11 %
Percentage who were not seeking employment for other reasons: 22 %
Annual job-searching trips that the school coordinates or participates in:
Destination: New York – Wall Street Week
Month: October
Amount Paid By School: none
Destination: Charlotte
Month: November
Amount Paid By School: none
Destination: New York Interview Day
Month: January
Amount Paid By School: none
Destination: San Francisco – West Coast Forum
Month: January
Amount Paid By School: none
Destination: Atlanta Southeast MBA Interview Forum
Month: March
Amount Paid By School: none
Primary Source of Job Offer
School-facilitated activities: 70 %
Graduate-facilitated activities: 28 %
No information provided by graduate: 2 %
Job Offers for 2008 graduates:
Received first job offer by graduation: 83 %
Received first job offer in three months following graduation: 10 %
Did not report having received a job offer: 7 %
Top recruiting firms and the number of full-time MBAs hired in the past 12 months:
|
Bank of America Corp. |
4 |
||
|
Johnson & Johnson |
4 |
||
|
Citigroup Inc. |
3 |
||
|
AT&T |
3 |
||
|
Deutsche Bank AG |
3 |
||
|
Emerson Electric |
2 |
||
|
Asurion |
4 |
||
|
Deloitte Touche |
4 |
||
|
McKesson Corporation |
3 |
||
|
Humana |
3 |
||
|
Mattel |
2 |
||
|
HCA |
2 |
||
|
Prologis |
2 |
||
|
H.J. Heinz |
2 |
||
Job-accepting graduates who received a signing bonus:
67 %
Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary for most recent graduates: $ 89,891
Median base salary for most recent graduates: $ 90,000
Mean signing bonus for most recent graduates: $ 18,289
Median signing bonus for most recent graduates: $ 15,000
Mean other guaranteed compensation for most recent graduates: $ 19,255
Median other guaranteed compensation for most recent graduates: $ 10,000
Graduating students who accepted jobs in the following functional areas:
Consulting: 17 %
Finance/Accounting: 35 %
General Management: 15 %
Human Resources: 2 %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 23 %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 6 %
Other: 2 %
Graduating students who accepted jobs in the following industries:
Consulting: 11 %
Consumer Products: 7 %
Financial Services: 23 %
Manufacturing: 5 %
Media/Entertainment: 4 %
Pharmaceutical/Biotechnology/Health care Products: 26 %
Real Estate: 5 %
Technology: 12 %
Other: 7 %
Graduates who accepted full-time jobs in the following regions:
Asia: 3 %
North America: 97 %
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast: 15 %
Mid-Atlantic: 7 %
South: 54 %
Southwest: 6 %
Midwest: 8 %
West: 10 %
Top Companies – Internships:
|
Bank of America Corp. |
7 |
||
|
Emerson Electric |
4 |
||
|
General Electric |
4 |
||
|
Exxon Mobil Corp. |
3 |
||
|
Procter & Gamble |
3 |
||
|
Deloitte Touche Tomatsu |
3 |
||
|
Wal-Mart |
3 |
||
|
Morgan Stanley |
2 |
||
|
JPMorgan Chase & Co. |
2 |
||
|
Pfizer |
2 |
||
|
UBS |
2 |
||
|
Dollar General |
5 |
||
|
Black and Decker |
4 |
||
|
Humana |
4 |
||
|
Hanes Brand, Inc |
3 |
||
|
Thomas/Rueters |
2 |
||
|
Goldman, Sachs |
2 |
||
|
Nissan |
2 |
||
|
Harrah’s Entertainment |
2 |
||
Internships awarded that are paid:
94 %
Mean and median intern compensation per week:
Mean : 1,411
Median: 1,462
Average internship length in weeks:
10
SCHOOL COMMENTS
School Comments:
N/A
Owen at Vanderbilt has been a jewel in the rough for me. I learned a tremendous amount from great faculty that has prepared me for a post-MBA career and has helped me grow as a person. While the curriculum has been rigorous, I was also able to have balance with a great network of friends and an abundance of activities. — Investment Banking
Owen is such a close knit community. You can’t help but learn from your peers, the faculty, and staff. It was the best two years of my life! — Marketing
The program has excellent professors and the quality of work assigned is quite high. The atmosphere is quite friendly and it’s easy to build networks. — Finance
Owen MBA has helped me to change my career even at the age of 41. I have landed with my dream job in investment banking. — Investment Banking
The Finance education I have received at Vanderbilt rivals that of other schools. This was evident over the summer when I was as well or better prepared for my internship than those from other schools. — Finance
The community at Owen is amazing and such Camaraderie truly lends itself to an increase in interpersonal skills among students. — Entrepreneurship
I took advantage of the opportunity to study abroad for a semester, and thought it was one of the greatest aspects of Owen – the relationships with the other international schools. — Human Resources
The finance curriculum is challenging, yet the accessibility of the faculty and collegial atmosphere of Owen make the daily grind surprisingly enjoyable. — Finance
Negative: Lack of diversity. — Marketing
When I was attending Owen, it was the first time in my college career that I actually felt challenged in the classroom. — Marketing
Vanderbilt is a great school and its small size is a big asset. — Investment Banking
Much of the information you gain during an MBA experience can be picked up by reading the WSJ daily, but Owen challenged me to become the leader I have always wanted to be. I was able to lead my peers and gain the confidence to advance in my career. — Consulting
I absolutely loved my time at Owen and would recommend it to anyone. — Marketing
There are many different things people want to get out of an MBA program. I believe that where you want to end up is a very important factor in where you go to MBA school. When I came in, I wanted to stay in the Southeast. I ended up taking an Investment Banking job in New York, because Owen opened my eyes to what a challenging experience this might be. However, had this been my goal to begin with, I probably should have targeted schools in the Northeast. — Investment Banking
The program is well balanced and emphasizes both theoretical as well as real life learning. It is good to study in small school and Vanderbilt has a friendly environment. — Finance
The program was good but location makes it difficult for jobs outside the South. The companies that come to the school also need to increase and get better. — Finance
I would definitely urge friends or colleagues to enroll at Owen, without a doubt. The personalized nature of the program is what most impressed me. You really feel like you are a part of a family at Owen. While competition is an important aspect of any b-school culture, this program succeeds at creating a balance between scholastic activities and extra curricular endeavors – especially with respect to serving the Nashville community. — Entrepreneurship
As a career switcher, completing an MBA was integral to changing the direction of my career path. For people looking to radically switch careers, getting an MBA gives you the necessary skills, signals your commitment to performing well in your new career, and gives you access to contacts and career services to secure the job you want. Owen excels in all of these aspects, especially in the Healthcare program. — Marketing
I have already urged multiple colleagues to enroll for the vast opportunities that Owen represents. — Operations
For more information and FREE online practice tests visit www.tenaday.in
Source: http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/vanderbilt.html
