Archive for December 8th, 2008
December 8, 2008
PROGRAM BASICS
Full-time MBA Program
The Robert Emmett McDonough School of Business
37th & O Streets NW
Washington , D.C. 20057
Status:
Private Institution
Graduate business school is accredited by:
AACSB International
Years in which the following programs were founded:
Full-time MBA: 1981
Part-time MBA : 2005
Undergraduate business program: 1957
Executive MBA: 1994
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident : $ 83,868
Nonresident : $ 83,868
Recommended annual budget (Resident): $ 65,000
Recommended annual budget (Nonresident): $ 65,000
PROGRAM LENGTH
Full-time program (months):
21
ENROLLMENT
Graduate business school enrollment
Total graduate business school: 933
Full-time MBA: 521
Part-time MBA: 280
Executive MBA: 106
Undergraduate business school enrollment
1,345
Other graduate degree programs:
Executive Masters in Leadership
ADMISSIONS
Application Deadlines
November 7, 2008 January 16, 2009 April 3, 2009 n/a
Does the program have rolling admissions?
No
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 Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Minimum paper-based TOEFL score required for MBAs:
600
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:
1883
Applicants who were accepted to the most recent class:
30 %
Admitted applicants who enrolled in the newest class:
45 %
Applicants who were re-applicants from prior years:
03 %
Percentage of this year’s reapplicants accepted:
21 %
Applicants wait-listed during the last admissions cycle:
338
Wait-listed applicants admitted for the semester to which they applied:
132
Applicant interviews are:
Required
Applicants (admitted and denied) who were interviewed:
52 %
Admitted applicants who were interviewed:
100 %
APPLICANT POOL
International applications received:
38 %
Applications from women received:
33 %
Mean base salary forgone:
$ 61,177
Median base salary forgone:
$ 56,850
CLASS PROFILE
Full-time students in newest entering class (2008-2009) that are:
Female: 30 %
International: 24 %
Married: 17 %
Ethnicity/US Students in Program
African American: 03 %
Asian American: 17 %
Hispanic or Latino American: 02 %
Multiethnic/Multiracial : 04 %
Native American: 0 %
White (Non-Hispanic): 66 %
Chose not to report: 04 %
Other: 04 %
Students from following regions:
Africa : 01 %
Asia: 18 %
Eastern Europe and Central Asia: 01 %
Latin America and the Caribbean: 04 %
Middle East: 02 %
North America: 72 %
Oceania : 0 %
Western Europe: 03 %
Percentage of students with dual citizenship: 07 %
Entering North American citizens by region:
Northeast: 29 %
Mid-Atlantic: 41 %
South: 09 %
Southwest: 03 %
Midwest : 05 %
West: 13 %
Possessions and territories: 0 %
Mean months of work experience of newest entering class:
62
Median months of work experience of newest entering class:
52
Middle 80% range of work experience of newest entering class in months:
From: 34
To: 102
Median age of entering class:
27
Mean age of entering class:
28
FINANCIAL AID
Full-time MBAs apply for financial aid through:
Central financial aid office at the university
On what basis are scholarships awarded?
academic merit
Full-tuition scholarships school will award during the upcoming academic year:
10-15
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:
$ 20,242
Percentage of second-year students receiving the same or more amount of money in their second year of study:
100 %
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
Only to domestic students
GMAT
Applicants required to take the GMAT?
Yes
If not, how are applicants’ quantitative abilities checked before enrollment?
GMAT required
Middle 80% range GMAT scores:
From: 640
To: 730
CLASS OFFERINGS
Average students in a full-time MBA core class:
63
Average students in a full-time MBA elective class:
41
Elective courses available to full-time MBA students:
88
Electives that have been added to the full-time program since June 30, 2008:
Internet Advertising and Marketing
Economics of Strategic Behavior
Strategic Pricing
Options Based Positioning and Trade Concepts
Alternative Investments
Year of last major change or significant overhaul to the core curriculum:
2008
Concentrations and specializations offered to full-time MBA students:
International Business
Joint-degree programs offered to full-time MBAs:
MBA/JD (Law)
MBA/MD (Medicine)
Other
Does the school offer an accelerated full-time MBA program?
No
FACULTY
Faculty employed by the B-school:
120
Full-time faculty
Tenured: 50
Non-Tenured: 24
Adjunct/Visiting Faculty
Tenured: 0
Non-Tenured: 46
Women on Faculty
Tenured: 8
Non-Tenured: 12
Minority Faculty
Tenured: 9
Non-Tenured: 6
International Faculty
Tenured: 2
Non-Tenured: 6
Faculty with PhDs
Tenured: 50
Non-Tenured: 21
Faculty who are also members of company boards of directors or advisors:
17 %
Faculty who have owned their own business:
18 %
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Finance
Investment Banking
Marketing
Media & Entertainment
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: 15 %
Lecture: 35 %
Simulations: 0 %
Team Project: 25 %
Other: 0 %
Requirements for graduation:
Students are required to complete international experience
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
TECHNOLOGY
Technology improvements in the last three academic years:
We have enhanced remote connectivity and enhanced our network infrastructure. We made several email enhancements. We now have laptop support, streaming video, web conferencing support, full time staff increases, PDA support, video-teleconferencing, and expanded research databases.
Amount spent:
$ 402,000
ALUMNI
Living MBA alumni:
4,776
Active MBA alumni clubs
81
Countries in which MBA clubs exist
34
Living MBA alumni who gave in past year:
5. %
Mean gift from MBA alumni:
$ 750
Median gift from MBA alumni
$ 100
Did school receive an individual gift in excess of $10 million in past academic year?
No
Business School Endowment
$ 39,530,339
Does the main university offer career placement services for alumni?
Yes
Does the main university have an alumni networking Web site?
Yes
Does the B-School have an alumni networking site:
Yes
Do current MBA students have access to an alumni database?
Yes
CAREER SERVICES
Graduates seeking full-time professional MBA employment: 76 %
Graduates not seeking employment: 12 %
Graduates for whom you have no information regarding employment: 12 %
Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 39 %
Percentage who were continuing their education (after graduation): 0 %
Percentage who were postponing their job search: 19 %
Percentage who were starting their own business(es) : 12 %
Percentage who were not seeking employment for other reasons: 30 %
Annual job-searching trips that the school coordinates or participates in:
Destination: New York – to visit Financial Services & Marketing companies
Month: October (two separately planned trips)
Amount Paid By School: none
Destination: National Black MBA Association Conference
Month: September
Amount Paid By School: partial (and for diversity candidates only)
Destination: California – to visit a variety of companies (mostly in Bay Area)
Month: January
Amount Paid By School: none
Destination: National Society of Hispanic MBAs Conference
Month: October
Amount Paid By School: partial (and for diversity candidates only)
Destination: DC Trek – to visit Consulting companies in DC area
Month: October
Amount Paid By School: none
Primary Source of Job Offer
School-facilitated activities: 69 %
Graduate-facilitated activities: 31 %
No information provided by graduate: 0 %
Companies that recruited second-year MBAs on campus in 2007-08:
71
Job Offers for 2008 graduates:
Received first job offer by graduation: 91 %
Received first job offer in three months following graduation: 08 %
Received first job offer more than 3 months after graduation: 0 %
Did not report having received a job offer: 01 %
Top recruiting firms and the number of full-time MBAs hired in the past 12 months:
|
Citigroup Inc.
|
|
16
|
|
|
7
|
|
|
6
|
|
|
Deutsche Bank AG
|
|
5
|
|
|
JPMorgan Chase & Co.
|
|
5
|
|
|
Bank of America Corp.
|
|
4
|
|
|
Booz Allen Hamilton
|
|
3
|
|
|
3
|
|
|
International Bus. Machines
|
|
3
|
|
|
Merrill Lynch
|
|
3
|
|
|
3
|
|
|
Target Corp.
|
|
3
|
|
|
2
|
|
|
2
|
|
|
Procter & Gamble
|
|
2
|
|
|
Deloitte Consulting
|
|
7
|
|
|
Johnson & Johnson
|
|
6
|
|
|
Federal Bureau of Investigation
|
|
3
|
|
|
Shinhan Bank
|
|
3
|
|
|
Wachovia
|
|
2
|
|
|
MillerCoors
|
|
2
|
|
|
|
|
|
|
|
|
|
|
Job-accepting graduates who received a signing bonus:
82 %
Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary for most recent graduates: $ 94,137
Median base salary for most recent graduates: $ 95,000
Mean signing bonus for most recent graduates: $ 24,767
Median signing bonus for most recent graduates: $ 20,000
Mean other guaranteed compensation for most recent graduates: $ 19,485
Median other guaranteed compensation for most recent graduates: $ 12,000
Graduating students who accepted jobs in the following functional areas:
Consulting: 20 %
Finance/Accounting: 43 %
General Management: 14 %
Human Resources: 0 %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 17 %
Management Information Systems (MIS): 01 %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 04 %
Other: 01 %
Graduating students who accepted jobs in the following industries:
Government (Federal, State, Local, Military): 03 %
Consulting: 19 %
Consumer Products: 08 %
Financial Services: 45 %
Manufacturing: 01 %
Media/Entertainment: 03 %
Non-Profit: 01 %
Petroleum/Energy: 01 %
Pharmaceutical/Biotechnology/Health care Products: 04 %
Real Estate: 02 %
Technology: 06 %
Other: 07 %
Graduates who accepted full-time jobs in the following regions:
Africa: 0 %
Asia: 13 %
Eastern and Central Europe and Central Asia: 0 %
Latin America and the Caribbean: 01 %
Middle East: 01 %
North America: 84 %
Oceana: 0 %
Western Europe: 02 %
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast: 44 %
Mid-Atlantic: 29 %
South: 03 %
Southwest: 03 %
Midwest: 09 %
West: 12 %
Possessions and territories: 0 %
Canada: 0 %
Companies that recruited MBAs for internships on campus in 2007-08:
63
Top Companies – Internships:
|
Citigroup Inc.
|
|
13
|
|
|
9
|
|
|
American Express
|
|
8
|
|
|
6
|
|
|
Intel
|
|
6
|
|
|
JPMorgan Chase & Co.
|
|
5
|
|
|
Unilever
|
|
4
|
|
|
4
|
|
|
Merrill Lynch
|
|
4
|
|
|
4
|
|
|
4
|
|
|
Bank of America Corp.
|
|
3
|
|
|
Lehman Bros.
|
|
3
|
|
|
Booz Allen Hamilton
|
|
3
|
|
|
3
|
|
|
Johnson & Johnson
|
|
9
|
|
|
Wachovia
|
|
6
|
|
|
Scotiabank
|
|
4
|
|
|
FolioFN
|
|
4
|
|
|
Deloitte Consulting
|
|
4
|
|
|
Campbell Soup Company
|
|
3
|
|
|
|
|
|
|
|
|
|
|
Mean and median intern compensation per week:
Mean : 1,468
Median: 1,500
SCHOOL COMMENTS
School Comments:
N/A
There are more self-made successful people at Georgetown than I found at other schools, which means they are more down to earth, helpful, and hard-working. I couldn’t imagine a better group of people with whom to share two difficult years of my life. — Finance
Georgetown’s MBA program helped me achieve my goals, but I have seen many classmates return to their pre-MBA employers because Georgetown did not help them advance in their careers. — Consulting
Georgetown, regrettably, seems to be a “me-too” b-school. The level of education and instruction was below what should be expected from a school of Georgetown’s stature. Some of the core course professors had no prior teaching experience. — Finance
Ultimately, I landed a great position with a top management consulting firm, which is what I came back to school for. — Consulting
The biggest complaint that many students have is the lack of strategic vision from the school. There have been three or four deans in a short period of time, and the school has not identified its core capability or its position among its peers. — Finance
The courses challenged me, but not so much that I felt I could not complete the coursework. The class size was small enough that I knew everyone, but big enough that there were diverse experiences to learn from. — Marketing
The quality of teaching could be better at a top 15 school. Also, recruiting is somewhat challenging because recruiter diversity is limited. — Finance
While I am happy with my experience, Georgetown did not draw the marketing/brand opportunities that many other programs did. As a result, 85% of my internship search and 100% of my full-time job search was focused on non-Georgetown Career Management opportunities. — Marketing
Georgetown is a smaller, intimate program that doesn’t have the attitude of larger MBA programs. — Marketing
As Georgetown climbs in the rankings, more high-quality companies are recruiting on-campus. For example, Goldman Sachs, Nike, and Yahoo all came here for the first time this year. — Finance
Georgetown has a great international focus and is well-positioned in Finance, Marketing, and Consulting. Students have been extremely successful in landing internships and full-time jobs with companies that do not recruit on campus, largely because of the school’s reputation. — Investment Banking
The Washington, D.C. experience was great. I lived in Georgetown, next door to George Stepanopolous and around the corner from Bob Woodward, and I interned at a real-estate fund across from the White House. It was like living on a movie set. — Consulting
The workload can be daunting because of the quarter system, and finals can clash with crucial recruiting times. — Venture Capital/Private Equity
Being in D.C., we are close to a number of other key cities (i.e., NYC) and get great access to some of the best minds in the world. We have had on-campus events with people like Christopher Cox, Warren Buffett, Rupert Murdock, Jim Cramer, and Bill Clinton, to name a few. — Investment Banking
The Georgetown MBA program is relatively young (~25 years old), and it operates in the shadow of the School of Foreign Service and the Law School. But the quality of education I received here was fantastic. — Finance
D.C. isn’t for some people, and highly competitive people aren’t really appreciated in our culture. We like smart, capable people, but they better be nice and fun, too. — Marketing
For more information and FREE online practice tests visit www.tenaday.in
Source: http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/georgetown.html
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December 8, 2008
PROGRAM BASICS
Global Full Time MBA
2201 G Street, NW
Duques Hall Suite 550
Washington, DC , D.C. 20052
Status:
Private Institution
Graduate business school is accredited by:
AACSB International
Years in which the following programs were founded:
Full-time MBA: 1995
Part-time MBA : 1952
Distance-learning MBA: 2004
Undergraduate business program: 1966
Executive MBA: 1991
Executive Education (non-degree): 2006
PhD program: 1986
Doctorate of Business Administration (DBA) program: 1952
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident : $ 65,550
Nonresident : $ 65,550
Recommended annual budget (Resident): $ 52,975
Recommended annual budget (Nonresident): $ 52,975
PROGRAM LENGTH
Full-time program (months):
21
ENROLLMENT
Graduate business school enrollment
Total graduate business school: 2181
Full-time MBA: 201
Part-time MBA: 630
Distance MBA: 200
Executive MBA: 54
PhD program: 87
Doctorate of Business Administration: 1
MS: 1005
MSA: 0
Other: 3
Undergraduate business school enrollment
1,674
Graduate degree programs:
Master of Accounting
Master of Finance
Other graduate degree programs:
Master of Project Management Master of Tourism Administration Master of Information Systems Technology
ADMISSIONS
Application Deadlines
December 4, 2008 January 15, 2009 April 2, 2009 May 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?
Yes
Which English language proficiency tests are accepted?
IELTS
TOEFL Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Minimum paper-based TOEFL score required for MBAs:
600
Relative importance: Application Elements
Resume/Work Experience:
Very Important
Application Essays:
Very Important
Interviews:
Very Important
Recommendations:
Important
Undergraduate Transcripts:
Very Important
APPLICANTS
Applications (admitted and denied) to the newest class:
572
Applicants who were accepted to the most recent class:
39 %
Admitted applicants who enrolled in the newest class:
41 %
Applicants wait-listed during the last admissions cycle:
37
Wait-listed applicants admitted for the semester to which they applied:
17
Applicant interviews are:
By invitation only
Applicants (admitted and denied) who were interviewed:
56 %
Admitted applicants who were interviewed:
100 %
APPLICANT POOL
International applications received:
38 %
Applications from women received:
46 %
Mean base salary forgone:
$ 43,985
Median base salary forgone:
$ 42,000
CLASS PROFILE
Full-time students in newest entering class (2008-2009) that are:
Female: 45 %
International: 27 %
Married: 2.2 %
Ethnicity/US Students in Program
African American: 3 %
Asian American: 9 %
Hispanic or Latino American: 1 %
Multiethnic/Multiracial : 0 %
Native American: 1 %
White (Non-Hispanic): 76 %
Chose not to report: 10 %
Other: 0 %
Students from following regions:
Africa : 2 %
Asia: 15 %
Eastern Europe and Central Asia: 4 %
Latin America and the Caribbean: 1 %
Middle East: 2 %
North America: 74 %
Oceania : 0 %
Western Europe: 1 %
Percentage of students with dual citizenship: 0 %
Entering North American citizens by region:
Northeast: 10 %
Mid-Atlantic: 61 %
South: 11 %
Southwest: 0 %
Midwest : 4 %
West: 14 %
Possessions and territories: 0 %
Mean months of work experience of newest entering class:
50
Median months of work experience of newest entering class:
36
Middle 80% range of work experience of newest entering class in months:
From: 12
To: 84
Median age of entering class:
27
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:
90 %
Full-time MBAs receiving financial aid through school:
81 %
Mean MBA financial aid package for the current academic year:
$ 35,290
Median MBA financial aid package for the current academic year:
$ 37,160
On what basis are scholarships awarded?
academic merit
Full-tuition scholarships school will award during the upcoming academic year:
23
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:
$ 21,582
Percentage of second-year students receiving the same or more amount of money in their second year of study:
98 %
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
No
If so, what is the maximum amount a student can borrow per year?
$ N/A
Mean outstanding debt among the most recent graduates from the full-time MBA program:
$ 53,874
GMAT
Applicants required to take the GMAT?
Yes
Middle 80% range GMAT scores:
From: 580
To: 710
CLASS OFFERINGS
Average students in a full-time MBA core class:
46
Average students in a full-time MBA elective class:
53
Elective courses available to full-time MBA students:
252
Electives that have been added to the full-time program since June 30, 2008:
Corporate Environmental Managemnt in Developing Nations
Strategic Brand Management
Year of last major change or significant overhaul to the core curriculum:
2008
Concentrations and specializations offered to full-time MBA students:
Accounting
Corporate Social Responsibility
Entrepreneurship
Finance
General Management
Health Care Administration
Hotel Administration
Human Resource Management
International Business
Management Information Systems
Marketing
Operations Management
Organizational Behavior
Real Estate
Sports Business
Strategy
Supply Chain Management
Joint-degree programs offered to full-time MBAs:
MBA/JD (Law)
MBA/MA (Arts)
Other
Does the school offer an accelerated full-time MBA program?
No
FACULTY
Faculty employed by the B-school:
128
Full-time faculty
Tenured: 72
Non-Tenured: 56
Adjunct/Visiting Faculty
Tenured: 0
Non-Tenured: 5
Women on Faculty
Tenured: 14
Non-Tenured: 23
Minority Faculty
Tenured: 16
Non-Tenured: 17
International Faculty
Tenured: 37
Non-Tenured: 0
Faculty with PhDs
Tenured: 69
Non-Tenured: 50
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Business Ethics
Corporate Social Responsibility/NetImpact
Finance
Human Resources
Marketing
Networking clubs available to full-time MBA students:
Black MBA Association
International Club
Women in MBA
TEACHING/ACADEMICS
Teaching methods used
Case study: 15 %
Distance Learning: 15 %
Experiential Learning: 20 %
Lecture: 25 %
Simulations: 5 %
Team Project: 20 %
Requirements for graduation:
Students are required to complete international experience
Students must have attended a minimum number of classes
Students must have earned a pre-determined GPA/Letter grade average
Other
TECHNOLOGY
Is there a wireless network in main B-school buildings?
Yes
Technology improvements in the last three academic years:
Two lab classrooms are renovated and one new general use computer lab is added. New state-of-the-art building opened in 2006 with academic technology (new wireless network, new computers, new software). Professional IT support contracts.
Amount spent:
$ 3,226,949
ALUMNI
Living MBA alumni:
13
Active MBA alumni clubs
3
Countries in which MBA clubs exist
1
Living MBA alumni who gave in past year:
9 %
Mean gift from MBA alumni:
$ 431
Median gift from MBA alumni
$ 100
Did school receive an individual gift in excess of $10 million in past academic year?
No
Business School Endowment
$ 34,291,170
Does the main university offer career placement services for alumni?
Yes
Does the main university have an alumni networking Web site?
Yes
Does the B-School have an alumni networking site:
Yes
Do current MBA students have access to an alumni database?
Yes
CAREER SERVICES
Graduates seeking full-time professional MBA employment: 75 %
Graduates not seeking employment: 18 %
Graduates for whom you have no information regarding employment: 7 %
Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 44 %
Percentage who were continuing their education (after graduation): 0 %
Percentage who were postponing their job search: 39 %
Percentage who were starting their own business(es) : 11 %
Percentage who were not seeking employment for other reasons: 6 %
Annual job-searching trips that the school coordinates or participates in:
Destination: New York City
Month: October
Amount Paid By School: Partial
Destination: San Francisco/Silicon Valley
Month: March
Amount Paid By School: Partial
Primary Source of Job Offer
School-facilitated activities: 38 %
Graduate-facilitated activities: 51 %
No information provided by graduate: 11 %
Companies that recruited second-year MBAs on campus in 2007-08:
50
Companies that posted full-time job offers for MBAs on the school’s job boards in 2007-08:
N/A
Job Offers for 2008 graduates:
Received first job offer by graduation: 68 %
Received first job offer in three months following graduation: 22 %
Received first job offer more than 3 months after graduation: 0 %
Did not report having received a job offer: 10 %
Top recruiting firms and the number of full-time MBAs hired in the past 12 months:
|
PricewaterhouseCoopers
|
|
3
|
|
Booz Allen Hamilton
|
|
2
|
|
International Bus. Machines
|
|
2
|
|
Bank of America Corp.
|
|
1
|
|
Deloitte Touche Tomatsu
|
|
1
|
|
WorldBank
|
|
1
|
|
Johnson&Johnson
|
|
2
|
|
Raytheon
|
|
2
|
|
NERA Economic Consulting
|
|
2
|
|
Red Peg Marketing
|
|
2
|
|
The Advisory Board
|
|
2
|
|
Nike
|
|
1
|
|
Jones Lang Lasalle, Hines Real Estate, Sentech
|
|
3
|
Job-accepting graduates who received a signing bonus:
36 %
Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary for most recent graduates: $ 83,746
Median base salary for most recent graduates: $ 79,000
Mean signing bonus for most recent graduates: $ 7,783
Median signing bonus for most recent graduates: $ 5,000
Mean other guaranteed compensation for most recent graduates: $ 9,805
Median other guaranteed compensation for most recent graduates: $ 10,000
Graduating students who accepted jobs in the following functional areas:
Consulting: 30 %
Finance/Accounting: 28 %
General Management: 2 %
Human Resources: 6 %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 17 %
Management Information Systems (MIS): 0 %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 6 %
Other: 11 %
Graduating students who accepted jobs in the following industries:
Government (Federal, State, Local, Military): 11 %
Consulting: 28 %
Consumer Products: 4.7 %
Financial Services: 16 %
Manufacturing: 4.7 %
Media/Entertainment: 7.8 %
Non-Profit: 4.7 %
Petroleum/Energy: 4.7 %
Pharmaceutical/Biotechnology/Health care Products: 0 %
Real Estate: 11 %
Technology: 1.6 %
Other: 6 %
Graduates who accepted full-time jobs in the following regions:
Africa: 0 %
Asia: 3.6 %
Eastern and Central Europe and Central Asia: 0 %
Latin America and the Caribbean: 1.8 %
Middle East: 0 %
North America: 91 %
Oceana: 0 %
Western Europe: 3.6 %
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast: 9.8 %
Mid-Atlantic: 78 %
South: 2 %
Southwest: 2 %
Midwest: 4 %
West: 4 %
Possessions and territories: 0 %
Canada: 0 %
Companies that recruited MBAs for internships on campus in 2007-08:
20
Companies that posted internships for MBAs on school job boards in 2007-08:
N/A
Top Companies – Internships:
|
General Electric
|
|
1
|
|
HSBC
|
|
1
|
|
Exxon Mobil Corp.
|
|
1
|
|
JPMorgan Chase & Co.
|
|
1
|
|
Nestle
|
|
1
|
|
Choice Hotels
|
|
3
|
|
Fannie Mae
|
|
2
|
|
US Dept of State
|
|
2
|
|
International Executive Service Corps
|
|
2
|
|
Formula SpoAS Entertainment Group,
|
|
2
|
|
NBC Universal
|
|
1
|
|
Deutsche Post
|
|
1
|
|
Marriott International, Microsoft, HiTachi Foundation
|
|
3
|
Internships awarded that are paid:
88 %
Mean and median intern compensation per week:
Mean : 865
Median: 838
Average internship length in weeks:
11
SCHOOL COMMENTS
School Comments:
N/A
The program curriculum is alright but the profile of the students are outstanding and the chemistry among us is awsome. I believe it’s this very point that distinguish our program from others, however, I don’t think it’s able to duplicate the same experience. — Marketing
The school’s location and brand name are of high value. The full-time MBA program is very intensive and it is an effective preparation for someone who wants to take on jobs that require graduate level degrees. — Consulting
A few unprofessional faculty members were a turnoff. — Operations
GW provides a uniquely collaborative learning environment that I would highly recommend. — Consulting
George Washington University offers a niche program; it was a good fit for me but it’s not for everyone. I found the small class size and the international orientation of the program to be very valuable. — Nonprofit
I benefited tremendously from the GW Full-Time MBA program and I think that it is only going to get stronger moving forward. The new facilities were a big plus and the program office is making some improvements to the curriculum, such as having a required international experience, that will make it even more attractice in the future. — Consulting
The school offers good quality of professors, accomodating academic staff, best facility and good environment. The school also have many student chapter and organization for student to be involved. — Finance
GW’s MBA program is constantly evolving. Despite the institution having strong brand recognition, the MBA administrative staff have and continue to take steps toward improving upon an already strong program. It signals their desire to see the program become as competitive as any top tier MBA program. — Marketing
I found the program very enriching and challenging. GW’s location in DC is another great strength and adds immense value to the program and the overall experience. I would therefore highly recommend the program to friends/colleagues. — Entrepreneurship
The GW full-time MBA Program is not for everyone. It is a very small program and requires a lot of time and effort from the students. Students need to be self-starters and have a desire to make an impact on their program and on their classmates. Before recommending the program, I urge friends and colleagues to do research on why they want to go back to get their MBA and on the GW full-time MBA Program. — Finance
The program has a strong environmental management and public policy/strategic management program that reflects GW’s DC roots. For those interested in the intersection of policy and business there are few better programs. — Consulting
Great for people who wish to a large variety of topics and backgrounds. — Consulting
On paper, I was not initially impressed with GW’s MBA program, and thought I would be attending Georgetown or BU. But after visiting all three campuses, meeting students and faculty, and attending classes, it was GW that I liked the most. — Consulting
GW attracts a unique group of students interested in environmental policy and non profit management. The concentration system is an important part of the culture at GW and my fellow students played a significant role in my educational experience. I think GW’s career center could do a better job providing NGO and government connections and placements. — Consulting
I greatly enjoyed my experience with GWU; it was a great fit for me. It is definitely a program on the rise and I look forward to remaining an active alumni and seeing the program’s continued development. — Human Resources
Fellow students attracted made the experience what it was. Extremely team oriented people made learning experience more enjoyable. — Consulting
GW has a great set of professors and I also had the opportunity to meet fellow – students of a high calibre, which enhanced the quality of the program. The location too was very advantageous and significantly contributed towards making the overall exprience very enriching. — Entrepreneurship
The GW MBA program gave me the tools for success in the professional world. I would highly recommend it to everyone. — Finance
For more information and FREE online practice tests visit www.tenaday.in
Source: http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/gwu.html
Posted in International B-school Profiles | Leave a Comment »
Tags: GMAT, MBA, CAT, CAT 2008, ESADE, GMAT 2008, Manchester Business School, IMD, CAT 2009, B-School Rankings, TenADay, GMAT 2009, International B-school, Rankings, BusinessWeek, University of Chicago, Harvard University, Northwestern University (Kellogg), University of Pennsylvania (Wharton), University of Michigan (Ross), Stanford University, Columbia University, Duke University (Fuqua), MIT (Sloan), UC Berkeley (Haas), Cornell University (Johnson), Dartmouth (Tuck), NYU (Stern), UCLA (Anderson), Indiana University (Kelley), University of Virginia (Darden), UNC - Chapel Hill (Kenan-Flagler), Southern Methodist (Cox), Carnegie Mellon (Tepper), University of Notre Dame (Mendoza), Texas - Austin, Brigham Young (Marriott), Emory University (Goizueta), Yale University, University of Southern California (Marshall), University of Maryland (Smith), University of Washington (Foster), Washington University (Olin), Georgia Tech, Vanderbilt University (Owen), Queens University, IE Business School, INSEAD, Western Ontario (Ivey), London Business School, Toronto (Rotman), IESE, Oxford (Saîd), Cambridge University (Judge), Cranfield University, HEC - Paris, McGill (Desautels), York (Schulich), Arizona State University (Carey), Babson, Boston University, UC Irvine (Merage), University of Connecticut, George Washington University (McDonough), Georgetown University (McDonough), Illinois at Urbana-Champaign, University of Iowa (Tippie), Michigan State (Broad), University of Minnesota (Carlson), Ohio State University (Fisher), Purdue University (Krannert), Rochester (Simon), Thunderbird, American University (Kogod), University of Arizona (Eller), Boston College (Carroll), Buffalo University, UC Davis, Case Western University (Weatherhead), University of Florida, Florida International University, Fordham University, George Washington University, University of Georgia (Terry), Howard University, Northeastern University, University of Pittsburgh (Katz), Pepperdine University (Graziadio), Rice University (Jones), Rutgers University, University of South Carolina (Moore), Syracuse University (Whitman), University of Tennessee at Knoxville, Texas Christian University, Tulane University (Freeman), William and Mary (Mason), SDA Bocconi, University of British Columbia (Sauder), Asian Institute of Management, Rotterdam (Erasmus), HEC - Montreal, University College - Dublin, University of Warwick, MBA abroad, International MBA
December 8, 2008
PROGRAM BASICS
The Paul Merage School of Business
350 SB
Irvine , California 92697-3125
Status:
Public Institution
Graduate business school is accredited by:
AACSB International
Other
Western Association of Schools and Colleges (WASC)
Years in which the following programs were founded:
Full-time MBA: 1965
Part-time MBA : 1990
Undergraduate business program: 2007
Executive MBA: 1984
Executive Education (non-degree): 1991
PhD program: 1968
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident : $ 55,629
Nonresident : $ 77,897
Recommended annual budget (Resident): $ 52,727
Recommended annual budget (Nonresident): $ 63,861
PROGRAM LENGTH
Full-time program (months):
21
ENROLLMENT
Graduate business school enrollment
Total graduate business school: 936
Full-time MBA: 204
Part-time MBA: 499
Distance MBA: 0
Executive MBA: 172
Undergraduate business school enrollment
624
Other graduate degree programs:
N/A
ADMISSIONS
Application Deadlines
November 1 December 15 February 1 April 15
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 Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Minimum paper-based TOEFL score required for MBAs:
600
Relative importance: Application Elements
GMAT Score:
Very Important
Resume/Work Experience:
Very Important
Application Essays:
Very Important
Interviews:
Very Important
Recommendations:
Important
Undergraduate Transcripts:
Very Important
APPLICANTS
Applications (admitted and denied) to the newest class:
656
Applicants who were accepted to the most recent class:
33 %
Admitted applicants who enrolled in the newest class:
46 %
Applicants who were re-applicants from prior years:
1 %
Percentage of this year’s reapplicants accepted:
0 %
Applicants wait-listed during the last admissions cycle:
88
Wait-listed applicants admitted for the semester to which they applied:
24
Applicant interviews are:
Required
Applicants (admitted and denied) who were interviewed:
60 %
Admitted applicants who were interviewed:
100 %
APPLICANT POOL
International applications received:
49 %
Applications from women received:
41 %
Mean base salary forgone:
$ 40,957
Median base salary forgone:
$ 42,217
CLASS PROFILE
Full-time students in newest entering class (2008-2009) that are:
Female: 37 %
International: 40 %
Ethnicity/US Students in Program
African American: 0 %
Asian American: 18 %
Hispanic or Latino American: 1 %
Multiethnic/Multiracial : 3 %
Native American: 0 %
White (Non-Hispanic): 24 %
Chose not to report: 14 %
Other: 0 %
Students from following regions:
Africa : 1 %
Asia: 37 %
Eastern Europe and Central Asia: 0 %
Latin America and the Caribbean: 1 %
Middle East: 3 %
North America: 57 %
Oceania : 0 %
Western Europe: 1 %
Entering North American citizens by region:
Northeast: 2 %
Mid-Atlantic: 4 %
South: 0 %
Southwest: 5 %
Midwest : 0 %
West: 87 %
Possessions and territories: 0 %
Mean months of work experience of newest entering class:
56
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: 97
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:
90 %
Mean MBA financial aid package for the current academic year:
$ 31,986
Median MBA financial aid package for the current academic year:
$ 35,500
On what basis are scholarships awarded?
academic merit
Full-tuition scholarships school will award during the upcoming academic year:
0
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:
$ 14,022
Percentage of second-year students receiving the same or more amount of money in their second year of study:
74 %
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
Yes
If so, what is the maximum amount a student can borrow per year?
$ 38,949
Mean outstanding debt among the most recent graduates from the full-time MBA program:
$ 53,903
GMAT
Applicants required to take the GMAT?
Yes
Middle 80% range GMAT scores:
From: 620
To: 720
CLASS OFFERINGS
Average students in a full-time MBA core class:
51
Average students in a full-time MBA elective class:
26
Elective courses available to full-time MBA students:
42
Electives that have been added to the full-time program since June 30, 2008:
Managing in a Global World
Topics in Strategic Innovation
Managing Innovation
Digital Strategies & Markets
Global Team Collaboration
Year of last major change or significant overhaul to the core curriculum:
2006
Concentrations and specializations offered to full-time MBA students:
Accounting
Economics
Finance
Management Information Systems
Marketing
Operations Management
Organizational Behavior
Public Policy
Real Estate
Strategy
Joint-degree programs offered to full-time MBAs:
MBA/MD (Medicine)
Other
Does the school offer an accelerated full-time MBA program?
No
FACULTY
Faculty employed by the B-school:
112
Full-time faculty
Tenured: 30
Non-Tenured: 19
Adjunct/Visiting Faculty
Tenured: 0
Non-Tenured: 63
Women on Faculty
Tenured: 11
Non-Tenured: 24
Minority Faculty
Tenured: 7
Non-Tenured: 8
International Faculty
Tenured: 5
Non-Tenured: 18
Faculty with PhDs
Tenured: 30
Non-Tenured: 53
Faculty who are also members of company boards of directors or advisors:
26 %
Faculty who have owned their own business:
28 %
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Finance
Human Resources
Information Technology
Marketing
Media & Entertainment
Other
Networking clubs available to full-time MBA students:
International Club
Partners/Family
Volunteer
Wine
Women in MBA
Other
TEACHING/ACADEMICS
Teaching methods used
Case study: 35 %
Distance Learning: 0 %
Experiential Learning: 10 %
Lecture: 25 %
Simulations: 5 %
Team Project: 25 %
Other: 0 %
Requirements for graduation:
Students are required to complete international experience
Students must have attended a minimum number of classes
Students must have earned a pre-determined GPA/Letter grade average
TECHNOLOGY
Is there a wireless network in main B-school buildings?
Yes
Technology improvements in the last three academic years:
Two advanced board room style conference rooms contain video teleconferencing, large LCD wall-mounted displays and advanced audio visual components. Classroom renovations included smart podiums. All large classrooms have twin projectors, high speed wireless networks, and laptop power at every seat. Classroom capture systems and built-in robotic cameras allow all instruction in largest classrooms to be streamed live via the Internet for classes, TA sessions, and conferences.
Amount spent:
$ 631,000
ALUMNI
Living MBA alumni:
6,447
Active MBA alumni clubs
13
Countries in which MBA clubs exist
4
Living MBA alumni who gave in past year:
9 %
Mean gift from MBA alumni:
$ 825
Median gift from MBA alumni
$ 100
Did school receive an individual gift in excess of $10 million in past academic year?
No
Business School Endowment
$ 17,001,177
Does the main university offer career placement services for alumni?
Yes
Does the main university have an alumni networking Web site?
Yes
Does the B-School have an alumni networking site:
Yes
Do current MBA students have access to an alumni database?
Yes
CAREER SERVICES
Graduates seeking full-time professional MBA employment: 76 %
Graduates not seeking employment: 21 %
Graduates for whom you have no information regarding employment: 3 %
Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 40 %
Percentage who were continuing their education (after graduation): 35 %
Percentage who were postponing their job search: 5 %
Percentage who were starting their own business(es) : 5 %
Percentage who were not seeking employment for other reasons: 15 %
Annual job-searching trips that the school coordinates or participates in:
Destination: National Black MBA Association, Washington, DC
Month: September
Amount Paid By School: None
Destination: National Society of Hispanic MBAs, Atlanta, GA
Month: October
Amount Paid By School: None
Destination: Global MBA, Orlando, FL
Month: November
Amount Paid By School: Partial
Destination: DISCO, Boston, MA and Los Angeles, CA
Month: October
Amount Paid By School: Partial
Destination: UCIBC, San Diego, CA
Month: February
Amount Paid By School: None
Primary Source of Job Offer
School-facilitated activities: 56 %
Graduate-facilitated activities: 44 %
No information provided by graduate: 0 %
Job Offers for 2008 graduates:
Received first job offer by graduation: 62 %
Received first job offer in three months following graduation: 24 %
Received first job offer more than 3 months after graduation: 3 %
Did not report having received a job offer: 11 %
Top recruiting firms and the number of full-time MBAs hired in the past 12 months:
|
Deloitte Touche Tomatsu
|
|
5
|
|
|
|
Bank of America Corp.
|
|
3
|
|
|
|
|
|
|
|
|
Hewlett-Packard
|
|
1
|
|
|
International Bus. Machines
|
|
1
|
|
|
|
|
Walt Disney Co.
|
|
1
|
|
|
Wells Fargo
|
|
1
|
|
|
Experian
|
|
4
|
|
|
Mervyns
|
|
2
|
|
|
Southern California Edison
|
|
2
|
|
|
Amgen
|
|
1
|
|
|
Beckman Coulter
|
|
1
|
|
|
Farmers Insurance
|
|
1
|
|
|
Johnson & Johnson
|
|
1
|
|
|
Revlon
|
|
1
|
|
|
|
|
|
|
|
|
Job-accepting graduates who received a signing bonus:
45 %
Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary for most recent graduates: $ 81,500
Median base salary for most recent graduates: $ 85,000
Mean signing bonus for most recent graduates: $ 8,428
Median signing bonus for most recent graduates: $ 7,500
Mean other guaranteed compensation for most recent graduates: $ 10,568
Median other guaranteed compensation for most recent graduates: $ 10,000
Graduating students who accepted jobs in the following functional areas:
Consulting: 18 %
Finance/Accounting: 29 %
General Management: 2 %
Human Resources: 0 %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 34 %
Management Information Systems (MIS): 2 %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 6 %
Other: 9 %
Graduating students who accepted jobs in the following industries:
Government (Federal, State, Local, Military): 0 %
Consulting: 13 %
Consumer Products: 7 %
Financial Services: 22 %
Manufacturing: 16 %
Media/Entertainment: 2 %
Non-Profit: 0 %
Petroleum/Energy: 2 %
Pharmaceutical/Biotechnology/Health care Products: 2 %
Real Estate: 2 %
Technology: 5 %
Other: 29 %
Graduates who accepted full-time jobs in the following regions:
Africa: 0 %
Asia: 9 %
Eastern and Central Europe and Central Asia: 0 %
Latin America and the Caribbean: 0 %
Middle East: 0 %
North America: 91 %
Oceana: 0 %
Western Europe: 0 %
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast: 0 %
Mid-Atlantic: 2 %
South: 0 %
Southwest: 6 %
Midwest: 0 %
West: 92 %
Possessions and territories: 0 %
Canada: 0 %
Top Companies – Internships:
|
|
|
|
|
|
Deloitte Touche Tomatsu
|
|
3
|
|
|
|
Merrill Lynch
|
|
2
|
|
|
|
|
International Bus. Machines
|
|
1
|
|
|
PricewaterhouseCoopers
|
|
1
|
|
|
|
Wells Fargo
|
|
1
|
|
|
|
|
Beckman Coulter
|
|
4
|
|
|
Southern California Edison
|
|
4
|
|
|
Johnson & Johnson
|
|
3
|
|
|
AT&T
|
|
3
|
|
|
Mattel
|
|
2
|
|
|
Sony
|
|
2
|
|
|
Amgen
|
|
1
|
|
|
Taco Bell
|
|
1
|
|
|
|
|
|
|
|
|
Internships awarded that are paid:
83 %
Mean and median intern compensation per week:
Mean : 1,021
Median: 930
SCHOOL COMMENTS
School Comments:
International students/applicants are those who are not US Citizens or US Permanent Residents. One entering US Citizen is from a region outside the country. 11% (included in the reported 12%) of the entering class has one year or less of work experience due to their enrollment in the joint MD/MBA program.
Merage is a great, small school with a very intimate environment and plenty of opportunities. No matter what your interest – marketing, strategy, start-ups, finance, IT -there�s a place for you. — Operations
I thought I got a good education and had excellent professors but I don’t feel my network is as robust as it could have been had I chosen to apply to a larger or more prestigious school. — Marketing
Merage has an excellent location, since Irvine is one of the safest cities in the U.S and the business atmosphere is becoming better in the Orange County. — Marketing
Someone who is looking for a big school with a brand name reputation would not be as happy at Merage. — Finance
The small-class environment allows you to meet the faculty, build a strong network, and take advantage of leadership opportunities. It’s been a place where I have really stretched my boundaries and crossed those comfort zones that have made me a better leader. — Consulting
Marage achieved the same academic goals as top tier business schools, but it was lacking in the career office and alumni network that other schools can provide. — Marketing
Professors are very knowledgeable. They use a lot of real life and applicable examples and concepts. There is a lot of engagement between professor and students. This can be in the form of cold-calling. — Marketing
Good regional career opportunities, but not much on-campus recruiting by companies outside the area. — Nonprofit
I would put our faculty up against any other school of a similar size, and many of our teachers are incredibly accomplished and brilliant leaders in their fields. — Marketing
Our weakest links are our student administration and our career center, but they are working to improve both. Dean Andy Policano is an excellent leader and under his stewardship the school has grown much closer to the community and much more robust in its academic offerings and quality of faculty. — Marketing
Pursuing an MBA at Merage was one of the best decisions of my life. I wish I had done it a year or so sooner, but all in all, it was very rewarding. I have grown intellectually, emotionally, and functionally. — Finance
The Orange County business arena is on the move and the business school is uniquely positioned to take advantage of the growth in opportunities. — Finance
Case studies were generally rigorous and required preparation for participation credit. The admissions team created a diverse learning environment drawing upon experience from a broad business background and significant international influence to team assignments. — Operations
The classes were strong and a lot of the students were very strong, and in the newer class they are even stronger. Unfortunately in my class there were a few students who do not belong at a school of this caliber, which distracted from the educational opportunities. — Consulting
For more information and FREE online practice tests visit www.tenaday.in
Source: http://www.businessweek.com/bschools/rankings/
Posted in International B-school Profiles | Leave a Comment »
Tags: GMAT, MBA, CAT, CAT 2008, ESADE, GMAT 2008, Manchester Business School, IMD, CAT 2009, B-School Rankings, TenADay, GMAT 2009, International B-school, Rankings, BusinessWeek, University of Chicago, Harvard University, Northwestern University (Kellogg), University of Pennsylvania (Wharton), University of Michigan (Ross), Stanford University, Columbia University, Duke University (Fuqua), MIT (Sloan), UC Berkeley (Haas), Cornell University (Johnson), Dartmouth (Tuck), NYU (Stern), UCLA (Anderson), Indiana University (Kelley), University of Virginia (Darden), UNC - Chapel Hill (Kenan-Flagler), Southern Methodist (Cox), Carnegie Mellon (Tepper), University of Notre Dame (Mendoza), Texas - Austin, Brigham Young (Marriott), Emory University (Goizueta), Yale University, University of Southern California (Marshall), University of Maryland (Smith), University of Washington (Foster), Washington University (Olin), Georgia Tech, Vanderbilt University (Owen), Queens University, IE Business School, INSEAD, Western Ontario (Ivey), London Business School, Toronto (Rotman), IESE, Oxford (Saîd), Cambridge University (Judge), Cranfield University, HEC - Paris, McGill (Desautels), York (Schulich), Arizona State University (Carey), Babson, Boston University, UC Irvine (Merage), University of Connecticut, George Washington University (McDonough), Georgetown University (McDonough), Illinois at Urbana-Champaign, University of Iowa (Tippie), Michigan State (Broad), University of Minnesota (Carlson), Ohio State University (Fisher), Purdue University (Krannert), Rochester (Simon), Thunderbird, American University (Kogod), University of Arizona (Eller), Boston College (Carroll), Buffalo University, UC Davis, Case Western University (Weatherhead), University of Florida, Florida International University, Fordham University, George Washington University, University of Georgia (Terry), Howard University, Northeastern University, University of Pittsburgh (Katz), Pepperdine University (Graziadio), Rice University (Jones), Rutgers University, University of South Carolina (Moore), Syracuse University (Whitman), University of Tennessee at Knoxville, Texas Christian University, Tulane University (Freeman), William and Mary (Mason), SDA Bocconi, University of British Columbia (Sauder), Asian Institute of Management, Rotterdam (Erasmus), HEC - Montreal, University College - Dublin, University of Warwick, MBA abroad, International MBA
December 8, 2008
PROGRAM BASICS
Full-Time MBA Program
Graduate School of Management
595 Commonwealth Avenue
Boston , Massachusetts 02215
Status:
Private Institution
Graduate business school is accredited by:
AACSB International
Other
Years in which the following programs were founded:
Full-time MBA: 1925
Part-time MBA : 1925
Undergraduate business program: 1913
Executive MBA: 1987
Executive Education (non-degree): 1978
Doctorate of Business Administration (DBA) program: 1978
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident : $ 73,996
Nonresident : $ 73,996
Recommended annual budget (Resident): $ 54,638
Recommended annual budget (Nonresident): $ 54,638
PROGRAM LENGTH
Full-time program (months):
21
ENROLLMENT
Graduate business school enrollment
Total graduate business school: 1054
Full-time MBA: 315
Part-time MBA: 604
Executive MBA: 65
Doctorate of Business Administration: 38
Other: 32
Undergraduate business school enrollment
1,983
Graduate degree programs:
Other graduate degree programs:
Master of Science in Investment Management
ADMISSIONS
Application Deadlines
November 15 January 15 March 15
Does the program have rolling admissions?
No
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 Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Minimum paper-based TOEFL score required for MBAs:
250
Relative importance: Application Elements
Resume/Work Experience:
Very Important
Application Essays:
Important
Interviews:
Very Important
Recommendations:
Important
Undergraduate Transcripts:
Very Important
APPLICANTS
Applications (admitted and denied) to the newest class:
1420
Applicants who were accepted to the most recent class:
28 %
Admitted applicants who enrolled in the newest class:
40 %
Applicants who were re-applicants from prior years:
.3 %
Percentage of this year’s reapplicants accepted:
0 %
Applicants wait-listed during the last admissions cycle:
130
Wait-listed applicants admitted for the semester to which they applied:
11
Applicant interviews are:
By invitation only
Applicants (admitted and denied) who were interviewed:
63 %
Admitted applicants who were interviewed:
100 %
APPLICANT POOL
International applications received:
61 %
Applications from women received:
39 %
Mean base salary forgone:
$ n/a
Median base salary forgone:
$ n/a
CLASS PROFILE
Full-time students in newest entering class (2008-2009) that are:
Female: 45 %
International: 32 %
Married: n/a %
Ethnicity/US Students in Program
African American: 3 %
Asian American: 14 %
Hispanic or Latino American: 5 %
Multiethnic/Multiracial : 0 %
Native American: 0 %
White (Non-Hispanic): 69 %
Chose not to report: 5 %
Other: 4 %
Students from following regions:
Africa : 1 %
Asia: 13 %
Eastern Europe and Central Asia: 11 %
Latin America and the Caribbean: 2 %
Middle East: 4 %
North America: 64 %
Oceania : 0 %
Western Europe: 5 %
Percentage of students with dual citizenship: 0 %
Entering North American citizens by region:
Northeast: 44 %
Mid-Atlantic: 16 %
South: 6 %
Southwest: 4 %
Midwest : 7 %
West: 22 %
Possessions and territories: 1 %
Mean months of work experience of newest entering class:
55
Median months of work experience of newest entering class:
49
Middle 80% range of work experience of newest entering class in months:
From: 28
To: 91
Median age of entering class:
28
Mean age of entering class:
27
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:
96 %
Mean MBA financial aid package for the current academic year:
$ 28,330
Median MBA financial aid package for the current academic year:
$ 30,000
On what basis are scholarships awarded?
a combination of need and merit
Full-tuition scholarships school will award during the upcoming academic year:
36
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:
$ 18,156
Percentage of second-year students receiving the same or more amount of money in their second year of study:
100 %
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
Mean outstanding debt among the most recent graduates from the full-time MBA program:
$ n/a
GMAT
Applicants required to take the GMAT?
Yes
Middle 80% range GMAT scores:
From: 610
To: 740
CLASS OFFERINGS
Average students in a full-time MBA core class:
51
Average students in a full-time MBA elective class:
29
Elective courses available to full-time MBA students:
79
Electives that have been added to the full-time program since June 30, 2008:
Macroeconomics in the Global Environment
Indian Field Seminar
Clean Technologies Business Models
Health Sector Consulting
Health Sector Marketing
Year of last major change or significant overhaul to the core curriculum:
2004
Concentrations and specializations offered to full-time MBA students:
Entrepreneurship
Finance
International Business
Management Information Systems
Marketing
Strategy
Other: Health Sector; Public and Non-Profit
Joint-degree programs offered to full-time MBAs:
MBA/JD (Law)
MBA/MA (Arts)
MBA/MD (Medicine)
MBA/MS (Science)
Other
Does the school offer an accelerated full-time MBA program?
No
FACULTY
Faculty employed by the B-school:
182
Full-time faculty
Tenured: 49
Non-Tenured: 63
Adjunct/Visiting Faculty
Tenured: 2
Non-Tenured: 65
Women on Faculty
Tenured: 9
Non-Tenured: 41
Minority Faculty
Tenured: n/a
Non-Tenured: n/a
International Faculty
Tenured: 0
Non-Tenured: 9
Faculty with PhDs
Tenured: 47
Non-Tenured: 65
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Business Ethics
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Environmental
Finance
Information Technology
Marketing
Media & Entertainment
Nonprofit
Networking clubs available to full-time MBA students:
Black MBA Association
Gay/Lesbian/Bisexual
Hispanic Student Organization
International Club
Partners/Family
Volunteer
Women in MBA
TEACHING/ACADEMICS
Teaching methods used
Case study: 50 %
Distance Learning: 0 %
Experiential Learning: 5 %
Lecture: 30 %
Simulations: 5 %
Team Project: 10 %
Requirements for graduation:
Students must have attended a minimum number of classes
Students must have earned a pre-determined GPA/Letter grade average
TECHNOLOGY
Is there a wireless network in main B-school buildings?
Yes
Technology improvements in the last three academic years:
FY08 focused on leveraging information technology resources in the production and delivery of business education. SMG adopted Sakai as its course management system, integrating it with u-portal. Video capture of lectures was piloted and classrooms were upgraded with workstations, high-end video cards, network switches, and pen-equipped computer monitors. Open access lab equipment was replaced and wireless access was improved to meet demand. An on-line MBA Directory for business networking and an application for on-line faculty and course evaluation data were released.
Amount spent:
$ 5,268,161
ALUMNI
Living MBA alumni:
15,412
Active MBA alumni clubs
18
Countries in which MBA clubs exist
10
Living MBA alumni who gave in past year:
10 %
Mean gift from MBA alumni:
$ 625
Median gift from MBA alumni
$ 230
Did school receive an individual gift in excess of $10 million in past academic year?
No
Business School Endowment
$ n/a
Does the main university offer career placement services for alumni?
Yes
Does the main university have an alumni networking Web site?
Yes
Does the B-School have an alumni networking site:
Yes
Do current MBA students have access to an alumni database?
Yes
CAREER SERVICES
Graduates seeking full-time professional MBA employment: 80 %
Graduates not seeking employment: 13 %
Graduates for whom you have no information regarding employment: 7 %
Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 5 %
Percentage who were continuing their education (after graduation): 16 %
Percentage who were postponing their job search: 47 %
Percentage who were starting their own business(es) : 11 %
Percentage who were not seeking employment for other reasons: 21 %
Annual job-searching trips that the school coordinates or participates in:
Destination: NSH MBA
Month: September
Amount Paid By School: partial
Destination: Black MBA
Month: October
Amount Paid By School: partial
Destination: West Coast Trek
Month: January
Amount Paid By School: none
Destination: Wall Street
Month: October
Amount Paid By School: partial
Primary Source of Job Offer
School-facilitated activities: 62 %
Graduate-facilitated activities: 21 %
No information provided by graduate: 17 %
Companies that recruited second-year MBAs on campus in 2007-08:
180
Companies that posted full-time job offers for MBAs on the school’s job boards in 2007-08:
348
Job Offers for 2008 graduates:
Received first job offer by graduation: 88 %
Received first job offer in three months following graduation: 7 %
Received first job offer more than 3 months after graduation: 0 %
Did not report having received a job offer: 5 %
Top recruiting firms and the number of full-time MBAs hired in the past 12 months:
|
Bank of America Corp.
|
|
9
|
|
|
Ernst & Young
|
|
3
|
|
|
KPMG LLP
|
|
3
|
|
|
American Express
|
|
2
|
|
|
PricewaterhouseCoopers
|
|
2
|
|
|
AT&T
|
|
2
|
|
|
Microsoft
|
|
2
|
|
|
Other
|
|
2
|
|
|
Other
|
|
2
|
|
|
Other
|
|
2
|
|
|
Wipro
|
|
2
|
|
|
Chevron Corp.
|
|
2
|
|
|
Goldman Sachs Group
|
|
1
|
|
|
Eli Lilly
|
|
1
|
|
|
Other
|
|
1
|
|
|
Partners Health Care
|
|
2
|
|
|
Duff & Phelps
|
|
2
|
|
|
EMC
|
|
2
|
|
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Genzyme
|
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1
|
|
|
|
|
|
|
|
|
|
|
|
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Job-accepting graduates who received a signing bonus:
42 %
Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary for most recent graduates: $ 89,543
Median base salary for most recent graduates: $ 90,000
Mean signing bonus for most recent graduates: $ 16,767
Median signing bonus for most recent graduates: $ 10,000
Mean other guaranteed compensation for most recent graduates: $ 19,016
Median other guaranteed compensation for most recent graduates: $ 10,500
Graduating students who accepted jobs in the following functional areas:
Consulting: 21 %
Finance/Accounting: 20 %
General Management: 6 %
Human Resources: 0 %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 20 %
Management Information Systems (MIS): 6 %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 1 %
Other: 2 %
Graduating students who accepted jobs in the following industries:
Government (Federal, State, Local, Military): 13 %
Consulting: 5 %
Consumer Products: 22 %
Financial Services: 1 %
Manufacturing: 3 %
Media/Entertainment: 1 %
Non-Profit: 6 %
Petroleum/Energy: 4 %
Pharmaceutical/Biotechnology/Health care Products: 9 %
Real Estate: 3 %
Technology: 13 %
Graduates who accepted full-time jobs in the following regions:
Africa: 0 %
Asia: 5 %
Eastern and Central Europe and Central Asia: 2 %
Latin America and the Caribbean: 2 %
Middle East: 0 %
North America: 69 %
Oceana: 0 %
Western Europe: 2 %
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast: 76 %
Mid-Atlantic: 1 %
South: 4 %
Southwest: 3 %
Midwest: 0 %
West: 15 %
Possessions and territories: 0 %
Canada: 1 %
Companies that recruited MBAs for internships on campus in 2007-08:
19
Companies that posted internships for MBAs on school job boards in 2007-08:
196
Top Companies – Internships:
|
AT&T
|
|
4
|
|
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Bank of America Corp.
|
|
4
|
|
|
Other
|
|
4
|
|
|
Other
|
|
4
|
|
|
Other
|
|
3
|
|
|
Other
|
|
2
|
|
|
Other
|
|
2
|
|
|
Other
|
|
2
|
|
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Hewlett-Packard
|
|
2
|
|
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Other
|
|
2
|
|
|
Other
|
|
1
|
|
|
Other
|
|
1
|
|
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Other
|
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1
|
|
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HSBC
|
|
1
|
|
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Procter & Gamble
|
|
1
|
|
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Liberty Mutual
|
|
4
|
|
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Genzyme
|
|
4
|
|
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Lahey Clinic
|
|
3
|
|
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New Balance
|
|
2
|
|
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VmWare
|
|
2
|
|
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Mass Technology Collaborative
|
|
2
|
|
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Acceleration Partners
|
|
2
|
|
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Raytheon
|
|
1
|
|
|
|
|
|
|
|
|
Internships awarded that are paid:
91 %
Mean and median intern compensation per week:
Mean : 1,251
Median: 1,280
Average internship length in weeks:
n/a
SCHOOL COMMENTS
School Comments:
N/A
I think the experience at BU will prepare students to succeed in whatever career they choose. The primary reason is the emphasis the school places on teamwork. I found this part of the program especially rewarding, and would therefore recommend BU to my friends and collegues. — Finance
BU’s MBA program has professors who may be world-renowned, but, more importantly, are student renowned. They are accessible to their students, which is a huge benefit. — Consulting
I had a great experience at Boston University, believe I received an outstanding education, and landed an excellent job. I would recommend the program to friends. — Finance
This university is overrated and was a huge disappointment. — Finance
My decision was heavily based on getting a 90% scholarship from Boston University. This made it extraordinarily valuable to me. I would only strongly recommend this program to a friend if he/she were to receive similar financial help. — Finance
The professors are very knowledgeable, with both academic and real world experience. Additionally, they are almost always accessible for meeting with students. — Marketing
THe program was amazing, I really enjoyed the experience and already have recomended the program to a number of friends that are concidering going back to school. — Marketing
I had great experiences during the program with a diversity of my peers where I could learn about different aspects in a problem. I had the full support of all the professors in my program and they really helped me in opening my views towards a specific professional issue. — Finance
The curriculum was great and the professors were excellent. The students were friendly but competitive but BU lacks a sense of community which I think is important. — Finance
I gained a great deal of knowledge about business environment and developed soft skills such as Leadership, Team skills and communication skills. I feel that the faculties and the class-mates at Boston Uni. contributed a great deal towards my learning. I would certainly recommend Boston Uni.to get an MBA. — Finance
The BU MBA program helped me tremendously in terms of learning how to network and strategically analyze various aspects of businesses. I would recommend the program to anyone based solely on the valuable learning experience I gained as well as the high quality of the faculty. — Consulting
BU’s career center didn’t understand international students’ situation. And there are only few positions opening for international students on career website. — Finance
The quality of the program and the school facilities surpassed my expectations and returned a vast amount of knowledge and professional advancement. — Marketing
The Boston University MBA program was one of the best experiences of my life. In addition to having been challenged by professors and classmates, I have developed close relationships that I expect to endure. — Consulting
The BU MBA gave me the tools and exposure to refine my ambitions and outline a practical path to achieve my professional goals. — Investment Banking
BU is a great school for people who have done their research and know what to expect. Some people have been disappointed, I think, by certain aspects, but my sense is that they had expected different things than the program is prepared to offer. — Nonprofit
For more information and FREE online practice tests visit www.tenaday.in
Source: http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/bostonu.html
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