The College of Business at Iowa State University
EDU
March 2, 2019
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 |
| 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)
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 |
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 |
