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2004 FULL-TIME MBA PROFILE
Universidad de los Andes
School of Management
Address: Carrera 1 Nº 18A-70 Edifico RGC Piso 2
Bogota, Cundinamarca Colombia
E-Mail: mba@adm.uniandes.edu.co
Web links: B-school Web site
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 2, 2004
Aug. 1, 2005
July 31, 2006

Year program was founded 1974
Institution is Non-U.S., Private
Business school accreditation:
EQUIS
National Accreditation by Ministry of Education
Length of program 15 months

Enrollment
Total graduate business students 594
Full-time MBA students 87
Part-time MBA students 177
Distance MBA students n/a
Executive MBA students 74
PhD program students n/a
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students n/a
 
Change in full-time class size in past academic year 16%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 37%
International students 1 7%
Married students 5%

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

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 - Historical Chart
200420032002
Averagen/an/an/a
Mediann/an/an/a
Range (middle 80%)n/a-n/an/an/a

GMAT scores are not required as part of the application.


TOEFL Scores
TOEFL scores are not required for applicants whose native language is not English.

Average TOEFL score 586
Minimum TOEFL score required 550

Work Experience (months)
Average 36
Range (middle 80%) 0 - 84
New entrants with one year or less of work experience 21%

Student Age (years)
Average 27
Range (middle 80%) 23 - 30

Salary
Average base salary forgone to enter program $14,076


ADMISSIONS

Application fee (resident) $36
Application fee (nonresident) $36

82 people applied to the full-time MBA program in 2004. The school accepted 65% (selectivity) of those applicants, and 81% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity65%53%n/a
Yield81%48%n/a

5% of applicants had applied in prior years, and of those reapplicants 1% were accepted.

The B-school placed 0 applicant(s) on its wait list. n/a wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 34%
International applicants 1 6%

Interviews for MBA applicants are:
Required

In 2004, 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.

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
200420032002
Resident$10,000$8,000n/a
Nonresident$10,000$8,000n/a
Expected monthly rent $500
Recommended annual budget (Resident) 1 $9,000
Recommended annual budget (Nonresident) $9,000

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  June 23, 2004
All applicants:  June 22, 2005
All applicants:  June 21, 2006

Rolling admissions? No

Deadline(s) for scheduling an interview
All applicants:  July 2, 2004

Financial aid deadline(s)
All applicants:  Nov. 26, 2004

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university

10% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 10% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.

Of those who received financial aid for the 2004-2005 academic year, n/a received institutional scholarships, n/a received assistantships, and n/a received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $5,000
Scholarships: Based on a combination of need and merit


3 full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.

How does an applicant apply for scholarship consideration?
All candidates are considered for scholarship


Average scholarship awarded $5,000
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates n/a

Financial aid Web site


(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 Maria Lorena Gutiérrez
Hired as of Mar. 2003
 
Program director Oscar Pardo
 
Admissions director Javier Serrano
 
Financial aid director Carlos Aparicio
 
Career services director Paula Duran
 
Alumni relations director Sonia Bernal

 
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