Purdue University- Krannert School of Management USA; Pursue MBA with STEM context; high ROI attracts more aspirants

Add Review

admin
Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on July 10, 2015
The full time MBA from Krannert School of Management at Purdue University is one of the world’s reputed MBA programmes with high ROI.
Purdues Krannert B School has integrated with one of the worlds leading engineering, science and technology universities and teaches business concepts in a STEM context

Purdue University located in West Lafayette, Indiana is the flagship University of the six-campus Purdue University system. Purdue has the second largest student body among all universities in Indiana and has the fourth largest international student body of any university in USA. The full time MBA from Krannert School of Management at Purdue University is one of the world’s reputed MBA programmes with high ROI.
Krennert’s MBA program ranks 3rd  based on average one-year ROI at top American business schools by Bloomberg Businessweek. Poets & Quants highlights both the Purdue Krannert at place 15 Graduate Programs.com ranking and at number14 ranking from Value Colleges. Eduniversal has ranked Krannert's MS in Human Resource Management program at number 1 in North America. Financial Times has ranked the Purdue’s Krannert MBA program among top 50 programs globally.

Knowing the need of skilled managers with skills in science, technology, engineering and math (STEM), Purdue’s Krannert B-School has integrated with one of the world’s leading engineering, science and technology universities and teaches business concepts in a STEM context. Purdue MBA graduates are recognized for creating new products combining engineering and business concepts. Purdue’s MBA program is delivered by a combination of dynamic classroom experience and hands-on experiential learning.

Purdue – Krannert MBA; key facts
Purdue offers a Full Time MBA; duration of the program is 2 years

Acceptance Rate is 28.7%
Total MBA Enrollment is 180
Eligibility for admission at Purdue – Krannert, MBA
Academic Background

Sco

Exam Name

Acceptable Score/ Average re Ranges

Max Scale

   Remarks

Bachelor’s degree equivalent to U.S. four years undergraduate degree

3.00 GPA or 60%

NA

Three years Bachelor degree from India NOT accepted

A valid GMAT score

 

800

No minimum GMAT score requirement but a score above 600 is recommended. Score valid for five years from the date of test taken

A valid GRE score

310+

340

No minimum GRE score requirement but a score above 300 is recommended. Score valid for five years from the date of test taken

 A valid TOEFL score

93 (iBT)

120

www.ets.org

A valid IELTS score

7.0

9

www.ielts.org

A valid PTE score

70

90

www.pearsonpte.org

Additional Information

International applicants who have completed an undergraduate degree from an accredited institution where the sole language of instruction was English are exempt from the TOEFL requirement

Professional Experience required

Minimum Work experience

2 years

Average Work Experience

5 years

Preference given to candidates having at least 4 years of work experience before applying

 
Tuition and Costs

Summary of Cost (2014-2015)

Fee Components

Amount in USD

Amount INR

Tuition fee per semester

$21,087.00

Rs. 14 lakhs

Additional Info

INR value may vary depending on current USD-INR rate

Cost of Living

Cost

Amount in USD

Amount in INR

Yearly

$10,000-$20,000

Rs. 7-12 lakhs

Cost of living depends on a candidate’s lifestyle. Purdue offers off-campus housing resources for students willing to live within the community.

Admission Procedure and Application Deadlines

Purdue MBA admission process has two major components

1. Online Application
The online application form must be completed and necessary documents must be uploaded
2. Interview
Interviews are by invitation only.

Application Documents
1. Academic Transcripts: to be scanned and uploaded in the online application system. Original transcripts required after admission
2. GMAT/GRE scores
3. TOEFL/IELTS/PTE
4. Application Essays
5. Current Business Resume
6. Letters of Recommendation (LOR) – by two people capable of commenting on your professional, leadership and intellectual capabilities.
7. Non refundable application fee of $75payable by Credit Card.

Application Deadline
Application Deadline for 2016 is yet to open. It is anticipated that following tentative deadlines for 2016 would be applicable.

APPLICATION Rounds

Deadline

ROUND 1

1 sep-15 nov

ROUND 2

16 nov-15 jan

ROUND 3

16 jan-1 march

Placement / job opportunity
Placement and Salary Statistics

Hiring Data

Percentage

Accepted Offers 3 Months Out

95%

Salary Data

USD

INR

Average

$95718

Rs. 61 lakhs

Top Recruiters at Purdue are
Amazon, Bank of America, Ford, Whirlpool
Scholarships and Financial Aid

Relevant Scholarships Available

Criteria

Merit Based Scholarships

Awarded on the basis of their merit to all admitted full-time students

Purdue Graduate Assistantships

Graduate Assistantships involve 10 hours of work per week and a monthly stipend is provided

MBA Alumnus Scholarships

Awarded to deserving candidates

Resident  Assistantships

International students are eligible to apply for these awards

Loans

Students must check with banks in their home countries for educational loans

Stay tuned to MBAUniverse.com for more updates on Purdue University- Krannert School of Management