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The College of Business at Iowa State University

Business School Admissions

Application (Fall 2013)

Application deadline (U.S. residents) June 1
Application deadline (international students) March 1
Application fee $40

Admissions & Enrollment (Full-time)

Acceptance rate 54.7% - Medium
Average age of new entrants 25
Average undergraduate GPA 3.50 - High
Undergraduate GPA range (10th-90th percentile) 2.96-3.94
Entrants providing undergraduate GPA 19
Average GMAT score 620 - Medium
GMAT range (10th-90th percentile) 550-686
Students with prior work experience N/A
Average work experience (months) N/A

Admissions & Enrollment (Part-time)

Acceptance rate 92.7%
Average age of new entrants 31
Average undergraduate GPA 3.16
Undergraduate GPA range (10th-90th percentile) 2.54-3.87
Entrants providing undergraduate GPA 30
Average GMAT score 489
GMAT range (10th-90th percentile) 410-601
Students with prior work experience N/A
Average work experience (months) N/A

Undergraduate Majors

TOEFL required for international students Yes
Minimum TOEFL score required 600 paper test
100 internet-based test

Factors and Procedures Used in Admissions

(Data appear as originally submitted by this school)
Full-time program
We carefully assess each candidate's potential for advanced study in business through consideration of academic achievements, work experiences, communication skills, career focus, and motivation. Materials include a graduate application and fee, transcripts, GMAT or GRE scores, TOEFL or IELTS scores (if applicable), letters of recommendation, essays, and a resume. Interviews by invitation only.
Executive program N/A
Part-time program
We carefully assess each candidate's potential for advanced study in business through consideration of academic achievements, employment history and career focus, communication skills, and motivation. Application materials include a graduate application and fee, official transcripts, GMAT scores, TOEFL or IELTS scores (if applicable), letters of recommendation, personal essays, and a resume.
Part-time distance learning program N/A

Admissions Contacts

Director of admissions Ronald J. Ackerman
Full-time program phone (515) 294-8118
Full-time program E-mail busgrad@iastate.edu
Full-time program website http:/​/​www.​business.​iastate.​edu
Executive program phone N/A
Executive program E-mail N/A
Executive program website N/A
Part-time program phone (515) 294-8118
Part-time program E-mail busgrad@iastate.edu
Part-time program website https:/​/​www.​business.​iastate.​edu
Part-time distance learning program phone N/A
Part-time distance learning program E-mail N/A
Part-time distance learning program website N/A
 

Business School Academics

Program Offerings

Departments/concentrations
accounting
finance
marketing
supply chain management/logistics
technology
Departments with highest M.B.A. demand accounting, finance, marketing, supply chain management/logistics, technology
Types of M.B.A. programs offered full-time traditional two year, part-time off campus
Joint programs available architecture, engineering, M.B.A./M.C.R.P., M.B.A./M.S.I.S., M.B.A./D.V.M

Curricula Descriptions

(Data appear as originally submitted by this school)
Full-time program
The full-time MBA program begins by developing strong core capabilities in the fundamentals of business management. Special emphasis is placed on educating students to effectively manage sustainable and socially responsible enterprises. Teamwork is integral to the Iowa State MBA experience. Optional focus areas offered in accounting, finance, marketing, technology management, and SCM.
Executive program N/A
Part-time program
Iowa State University offers evening MBA classes to employed professionals at its off-campus location in Des Moines. The part-time MBA follows a cohort model where a group of students progress together through the core curriculum. Advanced courses in finance, marketing, IT, and strategy are offered. Classes meet twice a week after work. The program can be completed in 2 1/2 years or less.
Part-time distance learning program N/A
 

Business School Ranking

#64 Best Business Schools

(1) Ranking by Specialties

#180 in Part-time M.B.A.

Business Ranking Scores

These data apply only to full-time students.

Score 45
Peer assessment score (out of 5) 2.4
Recruiter assessment score (out of 5) 2.6
Acceptance rate 54.7% - Medium
Average starting salary and bonus $62,634 - Medium
Average undergraduate GPA 3.50 - High
Average GMAT score 620 - Medium
Full-time graduates employed at graduation 83.3% - High
Full-time graduates employed three months after graduation 96.7% - High
Enrollment (full-time) 67
 

Business School Student Body

Student Body (Overall)

Enrollment 165

Student Body (Full-time)

Enrollment (full-time) 67
Minority students 3.0%
International students 41.8%

Student Body (Part-time)

Enrollment (part-time) 98
Minority students 8.2%
International students 3.1%
 

Business School Cost

Financial Aid Contact Information

Financial aid director N/A
Financial aid phone (515) 294-2223

Expenses

Tuition
Full-time: $9,076 per year (in-state)
Full-time: $20,792 per year (out-of-state)
Part-time: $505 per credit (in-state)
Part-time: $1,156 per credit (out-of-state)
Required fees $1,072 per year
Room and board, books, and miscellaneous expenses $15,000
Average indebtedness of 2011 graduating class N/A

Financial Aid Availability

College-funded aid (fellowships, assistantships, grants, or scholarships) available Yes
Fellowships N/A
Teaching assistantships N/A
Research assistantships N/A
International students eligible for college-funded aid Yes
High
Career and Salary Statistics

Business School Career and Salary Statistics

Iowa State University has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.

Class of 2011

Full-time graduates 39
Full-time graduates known to be seeking employment 30
Full-time graduates employed at graduation 83.3% - High
Full-time graduates employed three months after graduation 96.7% - High

Base Salary: Overall

Total reporting base salary 25
Low base salary $32,400
Average base salary $61,208
High base salary $75,000

Base Salary: U.S. Citizens

Low base salary: U.S. citizens $32,400
Average base salary: U.S. citizens $60,304
High base salary: U.S citizen $75,000

Base Salary: Foreign Nationals

Low base salary: Foreign nationals $65,500
Average base salary: Foreign nationals $67,833
High base salary: Foreign nationals $70,500

Signing Bonus: Overall

Total reporting signing bonus 14
Low signing bonus $200
Average signing bonus $2,546
High signing bonus $5,000

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens $200
Average signing bonus: U.S. citizens $2,408
High signing bonus: U.S. citizens $5,000

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals N/A
Average signing bonus: Foreign nationals N/A
High signing bonus: Foreign nationals N/A

Other Compensation: Overall

Total reporting other compensation 8
Low other compensation $1,200
Average other compensation $2,883
High other compensation $5,300

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens $1,200
Average other compensation: U.S. citizens $2,638
High other compensation: U.S. citizens $5,300

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals N/A
Average other compensation: Foreign nationals N/A
High other compensation: Foreign nationals N/A

Base Salary by Occupation

Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.
Number reporting marketing/sales jobs 2
Marketing/sales low salary N/A
Marketing/sales average salary N/A
Marketing/sales high salary N/A
Number reporting operations/production jobs 3
Operations/production low salary $45,000
Operations/production average salary $60,433
Operations/production high salary $70,000
Number reporting general management jobs 1
General management low salary N/A
General management average salary N/A
General management high salary N/A
Number reporting finance/accounting jobs 1
Finance/accounting low salary N/A
Finance/accounting average salary N/A
Finance/accounting high salary N/A
Number reporting management information systems (MIS) jobs 2
Management information systems (MIS) low salary N/A
Management information systems (MIS) average salary N/A
Management information systems (MIS) high salary N/A
Number reporting consulting jobs 4
Consulting low salary $64,000
Consulting average salary $69,125
Consulting high salary $75,000
Number reporting human resources jobs 1
Human resources low salary N/A
Human resources average salary N/A
Human resources high salary N/A
Number reporting having jobs in other areas 12
Other occupations low salary $44,000
Other occupations average salary $61,803
Other occupations high salary $71,000

Base Salary by Industry

Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.
Number reporting government jobs 1
Number reporting manufacturing jobs 10
Manufacturing low salary $32,400
Manufacturing average salary $58,054
Manufacturing high salary $71,000
Number reporting non-profit jobs 0

Base Salary by Geographic Region

Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.
Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) 1
Northeast low salary N/A
Northeast average salary N/A
Northeast high salary N/A
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 0
Middle Atlantic low salary N/A
Middle Atlantic average salary N/A
Middle Atlantic high salary N/A
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 0
South low salary N/A
South average salary N/A
South high salary N/A
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 21
Midwest low salary $32,400
Midwest average salary $59,795
Midwest high salary $71,000
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 2
Southwest low salary N/A
Southwest average salary N/A
Southwest high salary N/A
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 1
West low salary N/A
West average salary N/A
West high salary N/A
Number reporting jobs located internationally 1
International low salary N/A
International average salary N/A
International high salary N/A
 


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