Krannert School of Management – Purdue University - Full-Time MBA
Purdue University Full-Time MBA Program Structure
The 21-month Purdue University Krannert School of Management full-time MBA program starts in August, spanning four full semesters with eight separate modules, featuring 60 credit hours worth of coursework.
Among the 60 credits, 31 are comprise of elective courses, with 29 dedicated to core courses. Students can select from 14 functional and
interdisciplinary specialization areas, of which include: accounting; finance; marketing; management information systems; operations; strategic management; human resources management; organizational behavior; business analytics; management consulting; global supply chain management; international management; manufacturing/technology management; and technology innovation & entrepreneurship.
The first six modules of the program feature between eight and nine credits worth of coursework, each, with the seventh and eighth and modules featuring 13 total credits of courses solely dedicated to electives. The first three modules of the program are designed solely around core courses, with electives beginning to be introduced in the curriculum around module four, during the final leg of the first spring semester. From the fourth module onward, most courses are electives. However, MBA students are expected to take business law and macroeconomics during the final year of the program.
The program also allows students to complete a summer internship and accrue experience with global business projects.
Full-Time MBA Rankings
• U.S. News & World Report: 74 (tie)
• Bloomberg: 50 (U.S.); 61 (Global)
• Forbes: 40
• Financial Times: 75
• The Economist: 80
Students in the Purdue University full-time MBA program at the Krannert School of Management are typically 27-years old, and enroll with about 4.25 years of professional work experience. Among the 46 members of the most recent full-time MBA class, 24 percent were female. The average GMAT score of the class was 634 and the undergraduate GPA was 3.46.
The most recent full-time MBA class featured an 80 percent employment rate, with an average annual salary of $86,826 and an average signing bonus of $13,879. Those with more experience accrued higher average salary rates, with students that had less-than one year of experience earning around $76,094 annually, and those with five-or-more-years pulling $94,538.
The majority of the class earned roles in operations/supply chain management (34 percent), followed by marketing/sales (22 percent).
Tuition, Scholarships, and Financial Aid
Indiana residents are expected to pay a tuition rate of $11,209 per semester for the Purdue University full-time MBA, with out-of-state students paying $21,092 per semester. The total tuition over four semesters for in-state students comes to $44,836, and $84,116 out-of-state. These totals do not include additional fees and other miscellaneous costs.
Merit-based assistantship opportunities and scholarships are offered to all full-time MBA students and do not require additional application in order to qualify. Federal and private financial aid may be available to U.S. students, with international students mostly needing to rely on private financial aid.
Applicants to the Purdue University full-time MBA program at the Krannert School of Management are expected to have at least two years of professional work experience prior to enrollment, although the school may accept offers for a small number of candidates that have military experience or significant academic achievement.
In addition to a completed online application, students must submit the following in order to qualify for the full-time MBA program:
• Official transcripts
• GMAT/GRE scores (GMAT preferred, no minimum score required)
• Two essays (one mandatory, 500 word, one optional 300 word)
• Two online recommendations
• A video essay responding to three-to-five questions
• Proof of English proficiency (if necessary)
• $70 application fee (waived for U.S. students and legal residents)
Application deadlines are as follows:
Round One – Sep. 1-Nov. 15, 2019
Round Two – Nov. 16, 2019-Jan. 15, 2020
Round Three – Jan. 16-March 1, 2020
Round Four – March 2-May 1, 2020