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Rensselaer Polytechnic Institute: Lally School of Management and Technology - 2004 Full-Time MBA Profile | BusinessWeek Online B-Schools
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2004 FULL-TIME MBA PROFILE
Rensselaer Polytechnic Institute
Lally School of Management and Technology
Address: 110 8th Street
Pittsburgh Bldg Room 3218
Troy, NY 12180-3590
E-Mail: lallymba@rpi.edu
Web links: B-school Web site
Directions to school
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 16, 2004
Aug. 15, 2005
Aug. 14, 2006

Year program was founded 1974
Institution is U.S., Private
Business school accreditation:
AACSB
Middle States Association of Colleges and Schools
Length of program 22 months

Enrollment
Total graduate business students 737
Full-time MBA students 68
Part-time MBA students 238
Distance MBA students 30
Executive MBA students 39
PhD program students 42
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 358
 
Change in full-time class size in past academic year 43%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 33%
International students 1 58%
Married students n/a

For U.S. schools only:
African American students 5%
Alaskan Native of Pacific Islander American students n/a
Asian American students 8%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 2%
White (non-Hispanic) students 25%
Multiethnic/Multiracial students n/a
Not reported 2%
Other n/a

Students from the following regions:
Africa 3%
Asia 40%
Eastern Europe, Central Europe and Central Asia n/a
Latin America and the Caribbean 10%
Middle East n/a
North America
 (Canada: 3% / U.S.: 97%)
47%
Oceania n/a
Western Europe n/a

North American students by region:
Canada 3%
Mid-Atlantic U.S. 8%
Midwest U.S. n/a
Northeast U.S. 38%
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
200420032002
Average618643611
Median610630640
Range (middle 80%)580-650n/an/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 622
Minimum TOEFL score required 600

Work Experience (months)
Average 69
Range (middle 80%) 26 - 108
New entrants with one year or less of work experience 5%

Student Age (years)
Average 29
Range (middle 80%) 25 - 32

Salary
Average base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $45
Application fee (nonresident) $45

121 people applied to the full-time MBA program in 2004. The school accepted 57% (selectivity) of those applicants, and 58% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity57%55%64%
Yield58%43%45%

10% of applicants had applied in prior years, and of those reapplicants 17% 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 27%
International applicants 1 53%

Interviews for MBA applicants are:
Recommended

In 2004, the B-school interviewed 67% of its full-time MBA applicants, and 91% 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)
200420032002
Resident$60,838$57,624$52,800
Nonresident$60,838$57,624$52,800
Expected monthly rent $625
Recommended annual budget (Resident) 1 $41,050
Recommended annual budget (Nonresident) $41,050

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Jan. 15, 2005
All applicants:  Mar. 15, 2005
All applicants:  May 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 Dedicated financial aid office at the B-school

100% of full-time MBAs applied for financial aid for the 2004-2005 academic year. n/a 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, 83% received institutional scholarships, 73% received assistantships, and n/a received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $20,786
Scholarships: Based on academic merit


3 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 $28,950
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates n/a

Financial aid Web site


(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.

CONTACTS

Dean Dr. Iftekhar Hasan, Acting Dean
Hired as of July 2004
 
Program director Dr. Diane Litynski
 
Admissions director Frank J. Mendelson
 
Financial aid director James Stevenson
 
Career services director Therese
 
Alumni relations director Jeff Schanz

 
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RENSSELAER PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
Part-time '02 | '01 | '00
EMBA '03 | '01

RENSSELAER INFO
Search for articles about Rensselaer

RENSSELAER RANKINGS
Full-time MBA rank:
2004:  --    1994:  --    
2002:  --    1992:  --    
2000:  --    1990:  --    
1998:  --    1988:  --    
1996:  Third tier    
BW ranking history



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