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2003 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 SW 8th Street
MARC 210
Miami, FL 33199
E-Mail: imba@fiu.edu
Web site: http://www.fiu.edu/~imba
Directions to school


ENROLLMENT

2003/2004 Classes begin: Aug. 25, 2003

Year program was founded: 1999

Institution is: U.S., Public

Length of program: 12 months


Total graduate enrollment 785
Full-time MBA students 40
Part-time MBA students 326
Distance learning MBA students 0
EMBA students 82
PhD program students 17
 
Current total undergraduate business school enrollment 3,000
 
Change in full-time class size in last 12 months -48%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 43%
International students (1) 81%
Married students 12%

For U.S. schools only:
African-American students 0%
Asian-American students 2%
Hispanic-American students 13%
Native American students 0%
White (non-Hispanic) students 7%

Students from the following regions:
Africa 0%
Asia 10%
Eastern Europe, Central Europe and Central Asia 6%
Latin America and the Carribean 45%
Middle East 0%
North America
 (Canada: 2% / U.S.: 98%)
22%
Oceania n/a
Western Europe 17%

North American students by region:
Canada 2%
Mid-Atlantic U.S. 2%
Midwest U.S. 5%
Northeast U.S. 0%
South U.S. 13%
Southwest U.S. 2%
U.S. Possessions and territories 0%
West U.S. 0%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 530
Range (middle 80%) 460 - 610

TOEFL Scores
Average TOEFL score 605
Minimum TOEFL score required 550

Work Experience (months)
Average 48
Range (middle 80%) 12 - 84
Enrolled students with one year or less of work experience 26%

Student Age (years)
Average 26
Range (middle 80%) 23 - 31

Salary
Average annual pay forgone to enter program $43,000



ADMISSIONS

Application fee (resident): $25

Application fee (nonresident): $25

218 people applied to the full-time MBA program in 2003. The school accepted 42% (selectivity) of those applicants, and 45% 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. 4% of applicants had applied in prior years, and of those reapplicants 0% were accepted.

Applicant Profile:
Female applicants 39%
International applicants (1) 52%
Underrepresented minority (2) applicants 31%
Applicants with one year or less work experience 7%

Interviews for MBA applicants are:
Not offered

In 2003, 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 $26,000
Nonresident $30,000
 
Expected monthly rent $750
Recommended annual budget (Resident) (1) $41,000
Recommended annual budget (Nonresident) $45,000

2003-2004 Application deadline(s)
n/a

Rolling admissions? Yes

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

2003-2004 Financial aid deadline(s):
Mar. 1, 2004

First-year MBAs:
Average financial aid package $16,006
Range (middle 80%) $905 - $42,150
Average first-year scholarship awards (not including loans) $8,715

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
 

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Scholarships are Merit-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: $18,500

Average outstanding loans for 2003 graduates: $6,868

Financial aid Web site:
http://www.fiu.edu/~finaid/

(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. 1997
 
Program director Paola Moreno
 
Admissions director Ellie Browner
 
Financial aid director Ana Sarasti
 
Career services director Barry Shiflett
 
Alumni relations director Monique Catoggio


 
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Full-time MBA rank:
2004:  Also considered    1994:  --    
2002:  Third tier    1992:  --    
2000:  --    1990:  --    
1998:  --    1988:  --    
1996:  --    
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