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Thursday April 7, 2011
Part-Time MBA PROFILES Publish Date 04/07/11

Iona College

Hagan School Of Business

  • PROGRAM BASICS

      • Percentage of part-time students who graduate within six years of entering program: 69 %
      • Average months to complete program: 24
      • Maximum months permitted to complete program: 72
      • Does the school have a separate full-time MBA program? No
      • If so, can part-time students switch to the full-time program? Yes
    • Tuition and Fees: (Based on six credits in the fall and six credits in the spring)

      • Resident: $10,410.00
      • Non-Resident: $10,410.00
      • Tuition per credit: $830.00
      • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)
  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 416
      • Full-Time MBA: 115
      • Part-Time MBA: 301
      • Undergraduate business school enrollment: 1,091
      • Other graduate degree programs: The Post Masters Certificates in Financial Management; Human Resource Management; Information and Decision Technology Management; Management; Marketing; Public Accounting and in International Business.
  • ADMISSIONS, SELECTIVITY AND YIELD

      • Total applications, most recent entering class: 152
      • Applications accepted, most recent entering class: 71 %
      • Admitted students enrolled: 91 %
      • Applicants wait-listed during the last admissions cycle: 0
      • Applicant interviews are: Not required
  • ENTRY REQUIREMENTS

      • Rolling admissions? Yes
      • GMAT required? Yes
      • Average GMAT: 481
      • Median GMAT: 470
    • Middle 80% GMAT:

      • From: 390
      • To: 640
      • Is proficiency in English required? Yes
      • Is a minimum score on an English language proficiency test required? Yes
    • Which English language proficiency tests are accepted?

        • TOEFL Computer Based
        • TOEFL Internet Based Test
        • TOEFL Paper-based Test
      • Minimum paper-based TOEFL: 550
    • Relative Importance of Application Elements:

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

      • Female students: 41 %
      • International students: 3 %
    • Percentage of U.S. students in newest entering class that are:

      • African American: 11 %
      • Asian American: 1 %
      • Hispanic or Latino American: 7 %
      • White (Non-Hispanic): 32 %
      • Chose not to report: 45 %
    • Postgraduate work experience (months):

      • Mean: 40
      • Median: 24
      • From: 0
      • To: 30
      • One year or less: 30 %
    • Entering students work in the following functional areas:

      • Consulting: 0 %
      • Finance/Accounting: 34 %
      • General Management: 25 %
      • Human Resources: 9 %
      • Marketing/Sales: 12 %
      • Management Information Systems: 15 %
      • Operations/Production: 5 %
    • Entering students work in the following industries:

      • Consumer Products: 33 %
      • Government: 1 %
      • Manufacturing: 5 %
      • Media/Entertainment: 2 %
      • Non-Profit: 2 %
      • Petroleum/Energy: 1 %
      • Pharmaceutical/Biotechnology/Health Care: 3 %
      • Real Estate: 0 %
      • Technology: 5 %
      • Other: 0 %
  • FINANCIAL AID

      • Part-time MBAs apply for financial aid through: Central financial aid office at the university
      • Students receiving some form of financial aid in 2009-10: 63 %
    • Of part-time MBA students who applied for financial aid for the 2009-10 academic year, percentage receiving:

      • Institutional Scholarships: 42 %
      • Assistantships: 0 %
      • Loans (private and government): 74 %
      • Mean financial aid package: $46,558.00
      • Median financial aid package: $61,500.00
      • On what basis are scholarships awarded? Academic merit
      • Full-tuition scholarships awarded, 2009-10: 0
      • How does an applicant apply for scholarship consideration? Part of the admissions application
      • Does school offer a guaranteed loan to all part-time MBAs? Yes
      • Maximum guaranteed loan: $20,500.00
      • Mean outstanding debt at graduation: $26,997.00
  • FINANCIAL AID

      • Faculty employed by the B-school: 98
    • Full-time faculty:

      • Tenured: 35
      • Non-Tenured: 13
    • Adjunct/Visiting Faculty:

      • Tenured: 0
      • Non-Tenured: 50
    • Women on Faculty:

      • Tenured: 7
      • Non-Tenured: 4
    • Minority Faculty:

      • Tenured: 3
      • Non-Tenured: 8
    • International Faculty:

      • Tenured: 0
      • Non-Tenured: 6
    • Faculty with PhDs:

      • Tenured: 34
      • Non-Tenured: 8
  • STUDENT LIFE

    • Active MBA specialization clubs open to part-time students:

        • Finance
        • Marketing
      • Do part-time MBA students have their own area/center on campus? Yes
      • Do part-time MBA students have break-out rooms? Yes
  • TEACHING/ACADEMICS

    • Teaching Methods:

      • Case Study: 4 %
      • Distance Learning: 16 %
      • Experiential Learning: 5 %
      • Lectures: 60 %
      • Simulations: 2 %
      • Team Projects: 15 %
      • Estimated number of hours per week students spend working in class and outside the classroom: 24
      • Teachers in the part-time program: 73
      • Tenured teachers in the part-time program: 27
      • Faculty with at least five years of full-time corporate experience 98 %
      • Average core class size: 17
      • Average elective class size: 13
      • Electives available: 120
    • Recently added electives:

      • International Business in South and Central America
      • Hedge Funds
      • Last curriculum revision: 2003
    • Concentrations and specializations offered to part-time MBAs:

        • Accounting
        • General Management
        • Finance
        • International Business
        • Marketing
        • Human Resource Management
        • Other
    • Additional concentrations offered:

      • Information Systems
      • Health Care Management
      • Does the B-school offer an accelerated part-time MBA program? Yes
    • Leading areas of study:

        • Finance
        • Marketing
        • General Management
        • Human Resource Management
        • Management Information Systems
    • Graduation requirements:

        • Students must have attended a minimum number of classes
        • Students must have earned a pre-determined GPA/Letter grade average
        • Students must complete a company-specific project and present results to relevant parties
      • Credits required to graduate: 57
  • TECHNOLOGY

      • Technology improvements in the last three academic years: The Hagan School of Business has three new computing facilities with dual boot iMacs. Furnishing and lighting were also updated; all classrooms are smart classrooms with wall mounted dual boot iMacs and new projection equipment; updated wireless network; software purchases include SPSS, SAS, Blackboard, Compustat, Adobe Acrobat, Decision Tools Suite, Turnitin.com, and WIMBA video conferencing software.
      • Amount spent: $750,000.00
  • B-SCHOOL ALUMNI

      • Living MBA alumni: 5,153
      • Active MBA alumni clubs: 13
      • Countries in which MBA clubs exist: 1
      • Living MBA alumni who gave in past year: 14 %
      • Mean gift from MBA alumni: $1,046.00
      • Median gift from MBA alumni: $100.00
      • 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.ionaconnections.com/
      • Does the B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://www.ionaconnections.com/
      • Do current MBA students have access to an alumni database? Yes
  • CAREER SERVICES

      • Do part-time MBAs have access to career development office?
        • Yes
      • If yes, at what point in the degree process are part-time MBA students able to use the service?
        • At any time
      • Are part-time MBAs permitted to interview for full-time jobs? Yes
      • Are part-time students included in resume drops? Yes
    • Organizations that send the most participants to the part-time MBA program:

      • Pfizer/Wyeth Pharmacutical 46
      • Verizon Wireless 10
      • Northern Western Hospital 23

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