University at Buffalo School of Management – www.tenaday.in

December 24, 2008

PROGRAM BASICS

School of Management

203 Alfiero Center
Buffalo , New York 14260

Status:

Public Institution

Program e-mail address:

som-apps@buffalo.edu

Graduate business school is accredited by:

AACSB International

Years in which the following programs were founded:

Full-time MBA: 1931
Part-time MBA : 1963
Undergraduate business program: 1923
Executive MBA: 1994
PhD program: 1949

PROGRAM COSTS

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

Resident : $  18,156
Nonresident : $  26,736
Recommended annual budget (Resident): $  24,523
Recommended annual budget (Nonresident): $  28,763

PROGRAM LENGTH

Full-time program (months):

22

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 717
Full-time MBA: 176
Part-time MBA: 192
Distance MBA: 0
Executive MBA: 61

PhD program: 46
MS: 93
MSA: 13
Other: 136

Undergraduate business school enrollment

3,271

Graduate degree programs:

Master of Accounting

Master of Electronic Commerce/Information Systems

Master of Finance

Other graduate degree programs:

MS – Supply Chains and Operations Management

ADMISSIONS

Application Deadlines

11/17/08 2/1/09 3/2/09 5/11/09

Does the program have rolling admissions?

Yes

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

Yes

Which English language proficiency tests are accepted?

IELTS

TOEFL Internet Based Test

Other: N/A

Relative importance: Application Elements

GMAT Score:

Very Important

Resume/Work Experience:

Important

Application Essays:

Very Important

Interviews:

Very Important

Recommendations:

Very Important

Undergraduate Transcripts:

Very Important

APPLICANTS

Applications (admitted and denied) to the newest class:

325

Applicants who were accepted to the most recent class:

47 %

Admitted applicants who enrolled in the newest class:

56 %

Applicants who were re-applicants from prior years:

3 %

Percentage of this year’s reapplicants accepted:

33 %

Applicants wait-listed during the last admissions cycle:

7

Wait-listed applicants admitted for the semester to which they applied:

4

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

100 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

62 %

Applications from women received:

37 %

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 30  %
International: 30  %

Ethnicity/US Students in Program

African American: 1  %
Asian American: 13  %
Hispanic or Latino American: 0  %
Multiethnic/Multiracial : 1  %
Native American: 0  %
White (Non-Hispanic): 85  %
Chose not to report: 0  %
Other: 0  %

Students from following regions:

Africa : 0  %
Asia: 22  %
Eastern Europe and Central Asia: 5  %
Latin America and the Caribbean: 0  %
Middle East: 0  %
North America: 73  %
Oceania : 0  %
Western Europe: 0  %
Percentage of students with dual citizenship: 0  %

Entering North American citizens by region:

Northeast: 98  %
Mid-Atlantic: 0  %
South: 1  %
Southwest: 0  %
Midwest : 0  %
West: 0  %
Possessions and territories: 0  %

Mean months of work experience of newest entering class:

23

Median months of work experience of newest entering class:

6

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

From:  0
To:  61

Median age of entering class:

23

Mean age of entering class:

24

FINANCIAL AID

Full-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 school will award during the upcoming academic year:

40

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:

$  7,100

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?

No

GMAT

Applicants required to take the GMAT?

Yes

Mean : 619
Median: 610

Middle 80% range GMAT scores:

From:  550
To:  680

CLASS OFFERINGS

Average students in a full-time MBA core class:

45

Average students in a full-time MBA elective class:

26

Elective courses available to full-time MBA students:

78

Electives that have been added to the full-time program since June 30, 2008:

Purchasing and Supply Management
Logistics and Distribution Management
Advanced Topics in Workforce Management
Management of Globally Distributed Systems
Global info Tech Infrastructure Management

Year of last major change or significant overhaul to the core curriculum:

2007

Concentrations and specializations offered to full-time MBA students:

Accounting

Consulting

E-commerce

Entrepreneurship

Finance

Human Resource Management

International Business

Management Information Systems

Marketing

Operations Management

Supply Chain Management

Other: Information Assurance, Global Services & Supply Mgt

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

MBA/March (Architecture)

MBA/MD (Medicine)

Other

Does the school offer an accelerated full-time MBA program?

No

FACULTY

Faculty employed by the B-school:

73

Full-time faculty

Tenured: 23
Non-Tenured: 42

Adjunct/Visiting Faculty

Tenured: 0
Non-Tenured: 34

Women on Faculty

Tenured: 3
Non-Tenured: 16

Minority Faculty

Tenured: 0
Non-Tenured: 2

International Faculty

Tenured: 0
Non-Tenured: 11

Faculty with PhDs

Tenured: 26
Non-Tenured: 29

Faculty who are also members of company boards of directors or advisors:

9 %

Faculty who have owned their own business:

8 %

STUDENT LIFE

Professional clubs available to full-time MBA students:

Finance

High Tech

Human Resources

Information Technology

Marketing

Other

TEACHING/ACADEMICS

Teaching methods used

Case study: 30  %
Distance Learning: 0  %
Experiential Learning: 10  %
Lecture: 40  %
Simulations: 10  %
Team Project: 10  %
Other: 0  %

Requirements for graduation:

Students must have earned a pre-determined GPA/Letter grade average

Other

Additional graduation requirements:

Internship required if no full time work experience

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

Installed thirty-one computers with flat panel monitors in labs. Upgraded ceiling projectors in classrooms and computers in seven classroom podiums. Built a new multi-functional technology classroom designed to digitally capture lectures made available via streaming media. Room is also capable of supporting video conferencing. Launched new Web site in summer of 2008 designed to provide audience based navigation. A new Voice over IP telephone system was installed for the administrative staff, which should provide better support to the students and faculty.

Amount spent:

$  350,000

ALUMNI

Living MBA alumni:

8,741

Active MBA alumni clubs

0

Countries in which MBA clubs exist

0

Living MBA alumni who gave in past year:

11 %

Mean gift from MBA alumni:

$  2,103

Median gift from MBA alumni

$  50

Did school receive an individual gift in excess of $10 million in past academic year?

No

Business School Endowment

$  15,421,904

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://www.alumni.buffalo.edu/

Does the B-School have an alumni networking site:

No

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: 14  %
Graduates for whom you have no information regarding employment: 11  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 6  %
Percentage who were continuing their education (after graduation): 19  %
Percentage who were postponing their job search: 25  %
Percentage who were starting their own business(es) : 6  %
Percentage who were not seeking employment for other reasons: 44  %

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

Destination: New York City (Network New York Event)
Month: January
Amount Paid By School: Partial
Destination: Orlando, FL (International MBA/MS Conference)
Month: November
Amount Paid By School: None
Destination: Orlando, FL (National Black MBA Conference)
Month: September
Amount Paid By School: None
Destination: Houston, TX (NSHMBA Conference)
Month: October
Amount Paid By School: None

Primary Source of Job Offer

School-facilitated activities: 68  %
Graduate-facilitated activities: 32  %
No information provided by graduate: 0  %

Job Offers for 2008 graduates:

Received first job offer by graduation: 54  %
Received first job offer in three months following graduation: 24  %
Received first job offer more than 3 months after graduation: 17  %
Did not report having received a job offer: 21  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

International Bus. Machines

4

Deloitte Touche Tomatsu

3

Citigroup Inc.

2

General Mills

1

Intel

1

Xerox

1

PricewaterhouseCoopers

2

Corning Inc

3

Freed Maxick

3

ToysRUs

3

Capital One

2

Fisher-Price

2

M&T Bank

2

Moog

2

Rich Products

2

Job-accepting graduates who received a signing bonus:

20 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $  55,276
Median base salary for most recent graduates: $  55,000
Mean signing bonus for most recent graduates: $  4,769
Median signing bonus for most recent graduates: $  3,000

Graduating students who accepted jobs in the following functional areas:

Consulting: 8  %
Finance/Accounting: 44  %
General Management: 6  %
Human Resources: 2  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 17  %
Management Information Systems (MIS): 8  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 15  %
Other: 0  %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 3  %
Consulting: 2  %
Consumer Products: 14  %
Financial Services: 35  %
Manufacturing: 21  %
Media/Entertainment: 0  %
Non-Profit: 0  %
Petroleum/Energy: 2  %
Pharmaceutical/Biotechnology/Health care Products: 7  %
Real Estate: 0  %
Technology: 15  %
Other: 1  %

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

Africa: 0  %
Asia: 6  %
Eastern and Central Europe and Central Asia: 2  %
Latin America and the Caribbean: 0  %
Middle East: 0  %
North America: 92  %
Oceana: 0  %
Western Europe: 0  %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 88  %
Mid-Atlantic: 5  %
South: 2  %
Southwest: 1  %
Midwest: 2  %
West: 2  %
Possessions and territories: 0  %
Canada: 0  %

Top Companies – Internships:

Mean :
N/A Median: N/A

SCHOOL COMMENTS

School Comments:

N/A

My MBA experience at the University at Buffalo has been amazing. The faculty are always available for outside help. The program is structured to faciliate teamwork and builds your interpersonal skills. There are many diverse activities that make the program well rounded and options include overseas trips, study abroad, a joint program with the Levin Institute in NYC, executive speaker series, case competitions, networking events, country forums, community service and employer fairs, and numerous other activities which take this program to the next level. — Accounting

Many of the courses are traditional undergrad lecture- and textbook-based with little class participation. Approximately one-third of the students are not professional in terms of coming to class prepared and doing their share in group work. –Accounting

The only drawback to Buffalo’s MBA program is the lack of quality recruiters from top companies visiting campus. I’m not sure if that is a product of a poor career services Office or because Fortune 500 companies tend not to recruit anywhere other than Harvard or Wharton.

Buffalo should diversify its domestic students — most of them are from Western New York and a big portion of them are without work experience. –Marketing

The MBA Program academic-wise was excellent. The courses are good and the professors are not less than any top business school. The only thing this business school lacks is the placement of MBA grads.–Finance

The education and networking brought about the results I wanted. I would recommend this school to others with similar goals.–Investment Banking

For more information and FREE online practice tests visit www.tenaday.in

Source: http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/buffalo.html


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