 Program length
How many months does the full-time MBA program
last? 21
Program costs
Please estimate the total direct costs
(tuition and required fees) of the entire MBA program.
Resident Tuition: $31,552.00
Nonresident Tuition: $60,620.00
Expected monthly rent (based on local
averages): $550.00
Recommended annual budget
(Resident): $26,500.00
Recommended annual budget
(Nonresident): $41,300.00
GMATAre applicants required to take the GMAT as
part of applying to your program? Yes
If not, how are applicants' quantitative
abilities checked before enrollment?
NA
GMAT score of newest entering class:
Mean GMAT score: 661
Median GMAT score: 660
Middle 80% range GMAT score
From: 590 to: 720
TOEFL
Are applicants whose native language is not
English required to take the TOEFL as part of applying to your
program? Yes
Minimum TOEFL score required for MBAs: 550
Mean TOEFL score of new entrants:
NA
Work experience
Postgraduate work experience (months) of
newest entering class:
Mean months of postgraduate work experience:
55
Median months of postgraduate work experience:
45
Middle 80% range postgraduate work experience
From: 0 to: 116
Percentage of new entrants with one year or
less of postgraduate work experience: 13
Age of new entrants
Mean age (rounded to nearest year): 28
Median age: 28
Middle 80% range age (years)
From 23 to 32
Application fee
Resident: $55.00
Nonresident Tuition: $55.00
Number of applications
Number of applications (admitted and denied)
to the newest class of full-time MBA entrants: 788
Selectivity
Percent of all applicants accepted to the
class of newest full-time entrants: 42
Yield
Percent of the admitted applicants to the
class of newest full-time entrants who enrolled: 43
Re-applicants
Percent of applicants that were re-applicants
from prior years: NA
What percentage of this year's re-applicants
were accepted? NA
Wait-listed applicants
Number of applicants placed on the B-school's
wait list during the last admissions cycle:
NA
How many of those wait-listed applicants were
ultimately admitted for in the semester to which they applied?
NA
Applicant interviews
Interviews are:
By invitation only
Percentage of all applicants (admitted and
denied) to the class of newest full-time entrants who were
interviewed: NA
Percent of the admitted applicants to the
newest full-time class who were interviewed:
NA
MBA Essays
1.Discuss your long and short term career goals, how these
goals developed, and what you
hope to gain from graduate study at Krannert. Limit your
responses to no more than 500
words.
2.The Krannert community is comprised of a diverse student body.
Describe an aspect of your personality, things you have learned,
skills you have acquired, or life experiences you've had that
could benefit potential classmates and will help you contribute
to Krannert's diversity. Limit your response to no more than 500
words.
3. In 250 words or less, describe a character-building event or
situation in which your involvement made a significant
difference.
4. Please provide any additional information that was not
captured within your application. If you feel
you've already provided us with sufficient information about
yourself, you need not add anything
here. (250 words or less)
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