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2003 FULL-TIME MBA PROFILE
Cyprus International Institute of Management


Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs


Address: 21 Akademias Avenue
P.O. Box 20378, Aglandjia
Nicosia 2151 Cyprus
E-Mail: mba@ciim.ac.cy
Web site: http://www.ciim.ac.cy


ENROLLMENT

2003/2004 Classes begin: Sept. 6, 2003
Sept. 22, 2003
Jan. 12, 2004
Apr. 12, 2004

Year program was founded: 1991

Institution is: Non-U.S., Private

Length of program: 12 months


Total graduate enrollment 210
Full-time MBA students 90
Part-time MBA students 120
Distance learning MBA students n/a
EMBA students n/a
PhD program students n/a
 
Current total undergraduate business school enrollment n/a
 
Change in full-time class size in last 12 months 20%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 48%
International students (1) 20%
Married students 45%

Students from the following regions:
Africa 5%
Asia 15%
Eastern Europe, Central Europe and Central Asia 40%
Latin America and the Carribean 5%
Middle East 15%
North America
 (Canada: n/a / U.S.: n/a  )
5%
Oceania n/a
Western Europe 15%

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. n/a
Northeast U.S. n/a
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average n/a
Range (middle 80%) 510 - 600

TOEFL Scores
Average TOEFL score 550
Minimum TOEFL score required 550

Work Experience (months)
Average 84
Range (middle 80%) 36 - 96
Enrolled students with one year or less of work experience 4%

Student Age (years)
Average 28
Range (middle 80%) 24 - 45

Salary
Average annual pay forgone to enter program n/a



ADMISSIONS

Application fee (resident): $0

Application fee (nonresident): $50

350 people applied to the full-time MBA program in 2003. The school accepted 90% (selectivity) of those applicants, and 60% of admitted applicants (yield) enrolled in the program.

The B-school placed 15 applicant(s) on its wait list, from which 10 ultimately enrolled in the program. 5% of applicants had applied in prior years, and of those reapplicants 5% were accepted.

Applicant Profile:
Female applicants 45%
International applicants (1) 25%
Underrepresented minority (2) applicants n/a
Applicants with one year or less work experience 10%

Interviews for MBA applicants are:
Required

In 2003, the B-school interviewed 100% of its full-time MBA applicants, and 100% 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 $15,000
Nonresident $15,000
 
Expected monthly rent $350
Recommended annual budget (Resident) (1) $9,000
Recommended annual budget (Nonresident) $9,000

2003-2004 Application deadline(s)
Aug. 30, 2003
International applicants: Aug. 15, 2003
International applicants: Dec. 10, 2003
Dec. 20, 2003
International applicants: Mar. 31, 2004
Apr. 5, 2004

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
n/a

2003-2004 Financial aid deadline(s):
n/a

First-year MBAs:
Average financial aid package $40,000
Range (middle 80%) n/a - n/a
Average first-year scholarship awards (not including loans) $80,000

Second-year MBAs:
Average financial aid package n/a
Range (middle 80%) n/a - n/a
Average second-year scholarship awards (not including loans) $0
 

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
n/a

12 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 2003 graduates: $70,000

Financial aid Web site:
n/a

(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 Theodore Panayotou
Hired as of Sept. 2000
 
Program director Theodore Panayotou
 
Admissions director Marios Siathas
 
Financial aid director George Tryfonos
 
Career services director n/a
 
Alumni relations director n/a


 
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