BW Online: 2002 Full-Time MBA Profile: Florida International University

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2002 FULL-TIME MBA PROFILE
Florida International University
Alvah H. Chapman, Jr., Graduate School of Business — International MBA

Sections:

Getting In

Academics & Lifestyle

Careers & Alumni Affairs

Graduate Comments

Address:		11200 S. W. 8th Street MARC 220 Miami, FL 33199
E-Mail:		imba@fiu.edu
Web site:		http://www.fiu.edu/~cba

ENROLLMENT

2002/2003 Classes begin:

Aug. 19, 2002
Aug. 20, 2003

Year program was founded: 1999

Institution is: U.S., Public

Length of program: 12 months

Total graduate enrollment	1,033
Full-time	81
Part-time MBA students (on-campus)	429
Part-time MBA students (distance program)	14
EMBA	97
PhD program	16

Current total undergraduate business school enrollment	3,222

Increase in full-time students during last 12 months	52%

STUDENT PROFILE

Female students in class	50%
International students (1)	60%
Underrepresented minority (2) students	25%
Married	10%

Percent students from following regions:

Africa	3%
Asia	1%
Central/South America, Mexico	42%
Eastern Europe	5%
Middle East	3%
North America (Canada: 0% / U.S.: 100%)	40%
Oceania	0%
Western Europe	68%

North American students by region:

Canada	0%
Mid-Atlantic U.S.	3%
Midwest U.S.	5%
Northeast U.S.	16%
South U.S.	35%
Southwest U.S.	3%
U.S. Possessions and territories	20%
West U.S.	18%

(1) Students from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.

CLASS TRAITS

GMAT Scores

Average	465
Range (middle 80%)	390	-	610

TOEFL Scores*

Mean TOEFL score	600
Minimum TOEFL score required	550

Work Experience (months)

Average	36
Range (middle 80%)	0	-	84
Enrolled students with one year or less of work experience	38%

Student Age (years)

Average	26
Range (middle 80%)	22	-	30

Salary

Average annual pay forgone to enter program

$34,700

* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.

ADMISSIONS

Application fee (resident): $20

Application fee (non resident): $20

229 people applied to the full-time MBA program in 2002. The school accepted 47% (selectivity) of those applicants, and 74% of admitted applicants (yield) enrolled in the program.

The B-school placed 0 applicant(s) on its wait list, from which 0 ultimately enrolled in the program. 7% of applicants had applied in prior years, and of those reapplicants 36% were accepted.

Applicant Profile:

Female applicants	49%
International applicants (1)	53%
Underrepresented minority (2) applicants	69%
Applicants with one year or less work experience	41%

Interviews for MBA applicants are:
undefined
In 2002, the B-school interviewed n/a of its full-time MBA applicants, and n/a of its admitted applicants.

(1) Applicants from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.

INVESTMENT AND DEADLINES FOR CLASS OF 2005

Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)

Resident	$24,000
Nonresident	$27,500

Expected monthly rent	$1,000
Recommended annual budget (1)	$40,000

Application deadline(s)	Mar. 31, 2003
Rolling admissions?	No
Financial aid deadline(s):	Mar. 1, 2003

First-year MBAs:

Average financial aid package	$1,791
Range (middle 80%)	$0	-	$25,999
Average first-year scholarship awards (not including loans)	$1,791

Second-year MBAs:

Average financial aid package	n/a
Range (middle 80%)	n/a	-	n/a
Average second-year scholarship awards (not including loans)	n/a

Full-time MBAs receiving financial aid through B-school	56%

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Merit-based
Need-based

0 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) No

Maximum amount students can borrow: n/a

Average outstanding loans for 2002 graduates: n/a

Financial aid web-site:
http://www.fiu.edu

(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.

CONTACTS

Dean	Joyce J. Elam
Hired as of	Aug. 19, 1997

MBA program director	Vincent Daniels

MBA admissions director	Vincent Daniels

MBA financial aid director	Grace Salas

MBA career services director	Olga Magnusen

Alumni relations director	Monique Catoggio

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FLORIDA INTL. RANKINGS
Full-time MBA rank:

2004:	Also considered	1994:	--
2002:	Third tier	1992:	--
2000:	--	1990:	--
1998:	--	1988:	--
1996:	--

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