Temple University

Program Basics

• • Fox MBA
  • Fox School of Business and Management
  • 1801 Liacouras Walk
  • Alter Hall
  • Philadelphia, 19122, Pennsylvania
  • United States
  • Program Web site: http://www.fox.temple.edu/fmba/
  • Status: Public
  • Program e-mail address: foxinfo@temple.edu
  • Graduate business school is accredited by:
    • Other
    • Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 804
  • Full-Time MBA: 133
  • Part-Time MBA: 256
  • Executive MBA: 96
  • PhD Program: 141
• • Other graduate degree programs:
    • Master of Accounting
    • Master of Finance
    • Master of Human Resources
    • Master of International Management/Business
    • Master of Electronic Commerce/Information Systems

PROGRAM COSTS

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

  • Resident: $43,984.00
  • Nonresident: $64,828.00
  • Recommended annual budget (Resident): $44,500.00
  • Recommended annual budget (Nonresident): $55,200.00

PROGRAM LENGTH

• • Full-time program (months): 24

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2011
  • Deadline: Dec 10, 2010
  • Semester: Fall 2011
  • Deadline: Mar 1, 2011
  • Semester: Fall 2011
  • Deadline: May 31, 2011
  • Semester: Fall 2011
  • Deadline: Jun 30, 2011
• • 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 of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Important
  • Interviews: Very Important
  • Recommendations: Important
  • Undergraduate Transcripts: Important

APPLICANTS

• • Applications (admitted and denied) to the newest class: 358
  • Applicants who were accepted to the most recent class: 28 %
  • Admitted applicants who enrolled in the newest class: 49 %
  • Applicants who were re-applicants from prior years: 0 %
  • Percentage of this year's reapplicants accepted: 0 %
  • Applicants wait-listed during the last admissions cycle: 5
  • 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: 40 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 58 %
  • Applications from women received: 38 %

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 41 %
  • International: 20 %
  • Married: 8 %

• Students from following regions:

  • Africa: 2 %
  • Asia: 16 %
  • Eastern Europe and Central Asia: 0 %
  • Latin America and the Caribbean: 0 %
  • Middle East: 2 %
  • North America: 80 %
  • Oceania: 0 %
  • Western Europe: 0 %

• Percentage of U.S. students in newest entering class that are:

  • African American: 8 %
  • Asian American: 13 %
  • Hispanic or Latino American: 5 %
  • Native American: 3 %
  • White (Non-Hispanic): 25 %
  • Chose not to report: 48 %

• Percentage of U.S. students in newest entering class who are from the following regions:

  • Northeast: 18 %
  • Mid-Atlantic: 68 %
  • South: 0 %
  • Southwest: 3 %
  • Midwest: 10 %
  • West: 0 %
  • Possessions and territories: 3 %
• • Mean months of work experience of newest entering class: 57
  • Median months of work experience of newest entering class: 48

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

  • From: 36
  • To: 74
• • 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 who applied for financial aid for the current academic year: 100 %
  • Full-time MBAs receiving financial aid in the current academic year: 77 %
  • Mean MBA financial aid package for the current academic year: $30,372.00
  • Median MBA financial aid package for the current academic year: $24,658.00
  • On what basis are scholarships awarded?
    • academic merit
  • How does an applicant apply for scholarship consideration? As part of the admissions application
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $9,066.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 0 %
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No
  • Mean outstanding debt among the most recent graduates from the full-time MBA program: $39,445.00

GMAT

• • Are applicants required to take the GMAT? Yes

• GMAT scores:

  • Mean: 617
  • Median: 620

• Middle 80% range GMAT scores:

  • From: 570
  • To: 690

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 33
  • Average number of students in a full-time MBA elective class: 25
  • Elective courses available to full-time MBA students: 72

• Electives that have been added to the full-time program since June 30, 2010: Managing the

  • Innovation and Design

• Concentrations and specializations offered to full-time MBA students:

  • • Insurance
    • Accounting
    • Finance
    • General Management
    • International Business
    • Management Information Systems
    • Strategy
    • Human Resource Management
  • Pharmaceutical Management; Healthcare and Lifescience Innovation

• Joint-degree programs offered to full-time MBAs:

  • • MBA/JD (Law)
    • MBA/MD (Medicine)
    • Other
    • MBA/MS (Science)
• • Does the school offer an accelerated full-time MBA program? No

• The school believes that its leading areas of study for full-time MBA students are:

  • • Finance
    • Marketing
    • Strategy
    • General Management
    • International Business

FACULTY

• • Faculty employed by the B-school: 287

• Full-time faculty:

  • Tenured: 84
  • Non-Tenured: 81

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 122

• Women on Faculty:

  • Tenured: 15
  • Non-Tenured: 65

• Minority Faculty:

  • Tenured: 29
  • Non-Tenured: 41

• International Faculty:

  • Tenured: 30
  • Non-Tenured: 34

• Faculty with PhDs:

  • Tenured: 83
  • Non-Tenured: 114

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Business Law
    • Finance
    • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Human Resources

• Networking clubs available to full-time MBA students:

  • • Black MBA Association
    • Partners/Family
    • Women in MBA
    • International Club
    • Volunteer
    • Gay/Lesbian/Bisexual

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 20 %
  • Distance Learning: 0 %
  • Experiential Learning: 20 %
  • Lectures: 20 %
  • Simulations: 20 %
  • Team Projects: 20 %

• Requirements for graduation:

  • • Students must write a complete business plan
    • Students are required to complete international experience
    • Students must have attended a minimum number of classes
    • Students must complete a company-specific project and present results to relevant parties
    • Other
    • Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

• • Technology improvements in the last three academic years: A new 217sq foot state-of-the-art building, Alter Hall was completed in January 2009. Additionally, the old building, Speakman Hall, was completely renovated, to match the technologies of Alter Hall. Included: smart classrooms with dual projectors, touch room controls, annotation enabled monitor, class capture, live streaming, wireless Internet access, ambient microphones, lighting controls; Capital Markets Room; live feeds of business and financial news.
  • Amount spent: $10,000,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 10,825
  • Active MBA alumni clubs: 11
  • Countries in which MBA clubs exist: 4
  • Living MBA alumni who gave in past year: 8 %
  • Mean gift from MBA alumni: $492.00
  • Median gift from MBA alumni: $50.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • 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.myowlspace.com
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.myowlspace.com
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 82 %
  • Graduates not seeking employment: 14 %
  • Graduates for whom you have no information regarding employment: 4 %

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

  • Destination: New York City, NY
  • Month: March
  • Amount Paid By School: Full
  • Destination: Chicago, IL
  • Month: October
  • Amount Paid By School: Partials
  • Destination: Rochester, NY
  • Month: November
  • Amount Paid By School: Partial
  • Destination: New Orleans, LA
  • Month: September
  • Amount Paid By School: Partial

• Primary source of job offer:

  • School-facilitated activities: 37 %
  • Graduate-facilitated activities: 59 %
  • No information provided by graduate: 4 %

• Job Offers for 2010 graduates

  • Received first job offer by graduation: 42 %
  • Received first job offer in three months following graduation: 46 %
  • Received first job offer more than 3 months after graduation: 12 %
  • Did not report having received a job offer: 0 %
  • Accepted first job offer by graduation: 42 %
  • Accepted first job offer in three months following graduation: 46 %
  • Accepted first job offer more than 3 months after graduation: 12 %
  • Did not report having accepted a job offer: 0 %
• • Job-accepting graduates who received a signing bonus: 14 %

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $62,627.00
  • Median base salary: $52,000.00
  • Mean signing bonus: $4,535.00
  • Median signing bonus: $5,000.00
  • Mean other guaranteed compensation: $0.00
  • Median other guaranteed compensation: $0.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 14 %
  • Finance/Accounting: 34 %
  • General Management: 0 %
  • Human Resources: 0 %
  • Marketing/Sales: 31 %
  • Management Information Systems: 6 %
  • Operations/Logistics: 6 %
  • Other: 9 %

• Graduating students who accepted jobs in the following industries:

  • Government: 9 %
  • Consulting: 9 %
  • Consumer Products: 3 %
  • Financial Services: 16 %
  • Manufacturing: 9 %
  • Media/Entertainment: 9 %
  • Non-Profit: 20 %
  • Petroleum/Energy: 0 %
  • Pharmaceutical/Biotechnology/Health Care: 6 %
  • Real Estate: 0 %
  • Technology: 6 %
  • Other: 14 %

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

  • Africa: 0 %
  • Asia: 6 %
  • Eastern and Central Europe and Central Asia: 0 %
  • Latin America and the Caribbean: 0 %
  • Middle East: 0 %
  • North America: 91 %
  • Oceana: 0 %
  • Western Europe: 3 %

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

  • Northeast: 9 %
  • Mid-Atlantic: 85 %
  • South: 3 %
  • Southwest: 0 %
  • Midwest: 3 %
  • West: 0 %
  • Possessions and territories: 0 %
  • Canada: 0 %
• • Internships awarded that are paid: 71 %

• Weekly internship compensation:

  • Mean: $1,170.00
  • Median: $1,200.00
• • Average internship length in weeks: 12

• • -I loved the Fox program. I was extraordinarily impressed with the level of education I received and the obvious excitement of the faculty. The entire school is on a mission to continue improving itself, and I am convinced that my degree from Fox will just continue to appreciate in value in the coming years.
    
    -Because of poor career services, I may not encourage friends to enroll in this same MBA. Although the quality of program is very good.
    
    -The Temple MBA is probably not for everyone. It has been an intense two years and I graduate in less than two months and don't have a job yet. I believe it has been a wonderful experience nonetheless. I've been stretched, challenged, and bettered by the program.
    
    -The school did what it was supposed to do for me. It taught me business fundamentals, opened doors into the Philadelphia business community, gave me a more full understanding of how businesses behave, and gave me a master’s degree. For the most part I enjoyed my time and my classmates, and I felt it was overall a stimulating experience.
    
    -I loved the small cohort and the rigor of the academic programs. The professors know each student by name and the administration genuinely cares about the students.
    
    -The Fox School is a program that is dedicated to improving itself. I have no doubt that the value of my degree will only appreciate in the coming years. I have found myself to be far more impressed with the program than I expected to be. Dollar for dollar, I can't imagine a better value than the education offered at Fox.
    
    -I regret my decision to come do an MBA. My suggestion would be, if you are having a glorious career, do not shun it for doing an MBA from an average school. Rather, aim higher, board on Ivies, and make sure you are going to a better place before leaving what you were already good at.
    
    -I really enjoyed my experience at Temple's Fox School of Business. The academics were top-notch and the fellow students were from a wide variety of backgrounds in both location and career history. The professors were outstanding the the academics challenging, all available for a relatively affordable tuition.