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2004 FULL-TIME MBA PROFILE
Binghamton University, State University of New York
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B-SCHOOL & PROGRAM BASICS
| Classes begin |
Aug. 30, 2004
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| Year program was founded | 1972 |
| Institution is | U.S., Public |
Business school accreditation:
AACSB
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| Length of program | 21 months |
Enrollment
| Total graduate business students | 262 |
| Full-time MBA students | 94 |
| Part-time MBA students | 17 |
| Distance MBA students | n/a |
| Executive MBA students | 64 |
| PhD program students | 17 |
| Doctorate of Business Administration (DBA) students | n/a |
| |
| Total undergraduate business students | 1,382 |
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| Change in full-time class size in past academic year | 52% |
STUDENT PROFILE - MOST RECENT ENTERING CLASS
| Female students in class | 42% |
| International students 1 | 54% |
| Married students | n/a |
For U.S. schools only: |
| African American students | 0% |
| Alaskan Native of Pacific Islander American students | 0% |
| Asian American students | 3% |
| Mexican American students | 0% |
| Puerto Rican students | 0% |
| Other Hispanic American students | 0% |
| White (non-Hispanic) students | 27% |
| Multiethnic/Multiracial students | n/a |
| Not reported | 15% |
| Other | n/a |
Students from the following regions:
| Africa | n/a |
| Asia | 51% |
| Eastern Europe, Central Europe and Central Asia | 2% |
| Latin America and the Caribbean | n/a |
| Middle East | 2% |
North America
(Canada: n/a / U.S.: n/a ) | 43% |
| Oceania | n/a |
| Western Europe | 2% |
North American students by region:
| Canada | n/a |
| Mid-Atlantic U.S. | n/a |
| Midwest U.S. | n/a |
| Northeast U.S. | 100% |
| South U.S. | n/a |
| Southwest U.S. | n/a |
| U.S. Possessions and territories | n/a |
| West U.S. | n/a |
(1) Students from countries other than the school's home country.
CLASS TRAITS - MOST RECENT ENTERING CLASS
GMAT Scores - Historical Chart | 2004 | 2003 | 2002 |
|---|
| Average | 615 | 607 | 596 | | Median | 600 | 600 | 580 | | Range (middle 80%) | 570-680 | n/a | n/a |
GMAT scores are required as part of the application.
TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.
| Average TOEFL score | 613 |
| Minimum TOEFL score required | 580 |
Work Experience (months)
| Average | 20 |
| Range (middle 80%) | 0 | - | 54 |
| New entrants with one year or less of work experience | 60% |
Student Age (years)
| Average | 24 |
| Range (middle 80%) | 21 | - | 30 |
Salary
| Average base salary forgone to enter program | n/a |
ADMISSIONS
| Application fee (resident) | $55 |
| Application fee (nonresident) | $55 |
303 people applied to the full-time MBA program in 2004. The school accepted 58% (selectivity) of those applicants, and 37% of admitted applicants (yield) enrolled in the program.
Selectivity/Yield - Historical Chart | 2004 | 2003 | 2002 |
|---|
| Selectivity | 58% | 54% | 51% | | Yield | 37% | 25% | 48% |
6% of applicants had applied in prior years, and of those reapplicants 70% were accepted.
The B-school placed 0 applicant(s) on its wait list. 0 wait-listed applicants were admitted to the semester for which they applied.
Applicant Profile:
| Female applicants | 48% |
| International applicants 1 | 69% |
Interviews for MBA applicants are:
Not required
In 2004, the B-school interviewed 10% of its full-time MBA applicants, and 8% of its admitted applicants.
(1) Applicants from countries other than the school's home country.
COSTS, DEADLINES & FINANCIAL AID
COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
| 2004 | 2003 | 2002 |
|---|
| Resident | $16,002 | $15,534 | $11,934 | | Nonresident | $23,402 | $23,879 | $19,599 |
| Expected monthly rent | $350 |
| Recommended annual budget (Resident) 1 | $16,600 |
| Recommended annual budget (Nonresident) | $20,300 |
2004-2006 DEADLINES:
Application deadline(s)
International applicants: Feb. 15, 2005
Rolling admissions? Yes
Deadline(s) for scheduling an interview
n/a
Financial aid deadline(s)
n/a
FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university
79% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 42% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.
Of those who received financial aid for the 2004-2005 academic year, 5% received institutional scholarships, 22% received assistantships, and 20% received loans.
| Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) | $7,800 |
Scholarships: Based on academic merit
n/a full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.
How does an applicant apply for scholarship consideration?
As part of the admissions application
| Average scholarship awarded | $1,500 |
| Guaranteed loan offered? 2 | No |
| Maximum amount students can borrow | n/a |
| Average outstanding loans for 2004 graduates | $5,100 |
Financial aid Web site
(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.
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