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2003 FULL-TIME MBA PROFILE
International University of Monaco
— Monaco MBA

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


Address: International University of Monaco
2 Avenue Prince Hereditaire Albert
MC 98000 Monaco
E-Mail: info@monaco.edu
Web site: http://www.monaco.edu
 
Other programs:Global MBA


ENROLLMENT

2003/2004 Classes begin: Sept. 4, 2003

Year program was founded: 1986

Institution is: Non-U.S., Private

Length of program: 10 months


Total graduate enrollment 40
Full-time MBA students 38
Part-time MBA students 2
Distance learning MBA students n/a
EMBA students 5
PhD program students n/a
 
Current total undergraduate business school enrollment 250
 
Change in full-time class size in last 12 months 20%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 50%
International students (1) 100%
Married students 6%

Students from the following regions:
Africa 6%
Asia 15%
Eastern Europe, Central Europe and Central Asia 15%
Latin America and the Carribean 3%
Middle East 3%
North America
 (Canada: 6% / U.S.: 94%)
8%
Oceania n/a
Western Europe 30%

North American students by region:
Canada 6%
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 530
Range (middle 80%) 450 - 650

TOEFL Scores
Average TOEFL score 570
Minimum TOEFL score required 550

Work Experience (months)
Average 60
Range (middle 80%) 42 - 78
Enrolled students with one year or less of work experience 20%

Student Age (years)
Average 27
Range (middle 80%) 24 - 38

Salary
Average annual pay forgone to enter program $50,000



ADMISSIONS

Application fee (resident): $60

Application fee (nonresident): $60

80 people applied to the full-time MBA program in 2003. The school accepted 75% (selectivity) of those applicants, and 60% 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. 5% of applicants had applied in prior years, and of those reapplicants 100% were accepted.

Applicant Profile:
Female applicants 55%
International applicants (1) 100%
Underrepresented minority (2) applicants n/a
Applicants with one year or less work experience 30%

Interviews for MBA applicants are:
Required

In 2003, the B-school interviewed 80% of its full-time MBA applicants, and 90% 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 $22,000
Nonresident $22,000
 
Expected monthly rent $800
Recommended annual budget (Resident) (1) $35,000
Recommended annual budget (Nonresident) $35,000

2003-2004 Application deadline(s)
All applicants: Dec. 15, 2003
All applicants: Feb. 1, 2004
All applicants: Apr. 1, 2004
All applicants: June 1, 2004

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
All applicants: Dec. 15, 2003
All applicants: Apr. 15, 2004
All applicants: July 15, 2004

2003-2004 Financial aid deadline(s):
All applicants: Dec. 15, 2003
All applicants: Feb. 1, 2004
All applicants: Apr. 1, 2004
All applicants: June 1, 2004

First-year MBAs:
Average financial aid package $3,000
Range (middle 80%) $2,000 - $8,000
Average first-year scholarship awards (not including loans) $4,000

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

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
n/a

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 2003 graduates: n/a

Financial aid Web site:
http://www.monaco.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 Maxime Crener, Ph. D.
Hired as of Sept. 2001
 
Program director William S. Lightfoot, Ph. D.
 
Admissions director Jean Marc Rouhier
 
Financial aid director Jean Marc Rouhier
 
Career services director Noriko Bonafede, Ph. D.
 
Alumni relations director Noriko Bonafede, Ph. D.


 
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