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2004 FULL-TIME MBA PROFILE
Lancaster University
Lancaster University Management School
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B-SCHOOL & PROGRAM BASICS
| Classes begin |
Sept. 27, 2004
Sept. 26, 2005
|
| Year program was founded | 1989 |
| Institution is | Non-U.S., Public |
Business school accreditation:
AMBA
EQUIS
|
| Length of program | 12 months |
Enrollment
| Total graduate business students | 1,202 |
| Full-time MBA students | 40 |
| Part-time MBA students | n/a |
| Distance MBA students | n/a |
| Executive MBA students | 54 |
| PhD program students | 168 |
| Doctorate of Business Administration (DBA) students | n/a |
| |
| Total undergraduate business students | 2,161 |
| |
| Change in full-time class size in past academic year | 70% |
STUDENT PROFILE - MOST RECENT ENTERING CLASS
| Female students in class | 25% |
| International students 1 | 91% |
| Married students | n/a |
Students from the following regions:
| Africa | 9% |
| Asia | 65% |
| Eastern Europe, Central Europe and Central Asia | 6% |
| Latin America and the Caribbean | 6% |
| Middle East | 1% |
North America
(Canada: n/a / U.S.: n/a ) | 0% |
| Oceania | 0% |
| Western Europe | 13% |
North American students by region:
| Canada | n/a |
| Mid-Atlantic U.S. | n/a |
| Midwest U.S. | n/a |
| Northeast U.S. | n/a |
| 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 | 653 | 621 | n/a | | Median | 640 | 620 | n/a | | Range (middle 80%) | 620-720 | 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 | 616 |
| Minimum TOEFL score required | 600 |
Work Experience (months)
| Average | 72 |
| Range (middle 80%) | 24 | - | 120 |
| New entrants with one year or less of work experience | 6% |
Student Age (years)
| Average | 29 |
| Range (middle 80%) | 24 | - | 37 |
Salary
| Average base salary forgone to enter program | n/a |
ADMISSIONS
| Application fee (resident) | n/a |
| Application fee (nonresident) | n/a |
386 people applied to the full-time MBA program in 2004. The school accepted 51% (selectivity) of those applicants, and 35% of admitted applicants (yield) enrolled in the program.
Selectivity/Yield - Historical Chart | 2004 | 2003 | 2002 |
|---|
| Selectivity | 51% | 33% | n/a | | Yield | 35% | 23% | n/a |
0% of applicants had applied in prior years, and of those reapplicants 0% were accepted.
The B-school placed n/a applicant(s) on its wait list. n/a wait-listed applicants were admitted to the semester for which they applied.
Applicant Profile:
| Female applicants | 30% |
| International applicants 1 | 96% |
Interviews for MBA applicants are:
Required
By invitation only
In 2004, the B-school interviewed 53% of its full-time MBA applicants, and 100% 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 | $29,275 | $26,095 | n/a | | Nonresident | $32,819 | $29,259 | n/a |
| Expected monthly rent | $500 |
| Recommended annual budget (Resident) 1 | $44,358 |
| Recommended annual budget (Nonresident) | $47,902 |
2004-2006 DEADLINES:
Application deadline(s)
All applicants: May 31, 2005
All applicants: May 31, 2006
Rolling admissions? No
Deadline(s) for scheduling an interview
n/a
Financial aid deadline(s)
All applicants: Jan. 15, 2005
All applicants: Mar. 15, 2005
All applicants: May 15, 2005
All applicants: Jan. 15, 2006
All applicants: Mar. 15, 2006
All applicants: May 15, 2006
FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school
17% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 9% 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, 9% received institutional scholarships, n/a received assistantships, and n/a received loans.
| Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) | n/a |
Scholarships: Based on a combination of need and merit
0 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 | $4,652 |
| Guaranteed loan offered? 2 | No |
| Maximum amount students can borrow | n/a |
| Average outstanding loans for 2004 graduates | n/a |
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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