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2004 PART-TIME MBA PROFILE
Universidad de los Andes
School of Management — Professional MBA, MBA with concentration in Marketing, Finance or Public Management
Address: Carrera 1 Nº 18A-70 Edificio RGC, Piso 3.
Bogota D.C., Cundinamarca
CO
E-Mail: mba@adm.uniandes.edu.co
Web links: http://administarcion.uniandes.edu.co
 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 2000
Institution is Non-U.S., Private
Business school accreditation:
EQUIS
National Accreditation by Ministry of Education

Enrollment
Total graduate business students 594
Part-time MBA students 177
Distance MBA students n/a
Full-time MBA students 87
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 part-time class size in past academic year -16%
Average number of months to complete part-time program 20
Maximum number of months permitted to complete part-time program 60
Part-time program completion rate 90%
School offers a separate full-time MBA program? Yes
Possible for students to change status from part-time to full-time? Yes
     At what point?  0

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 23%
International students 1 3%
Married students 40%

For U.S. schools only:
African American students n/a
Alaskan Native of Pacific Islander American students n/a
Asian American students n/a
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students n/a
White (non-Hispanic) students n/a
Multiethnic/Multiracial students n/a
Not reported n/a
Other n/a

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
2004200320022001
Averagen/an/an/an/a
Mediann/an/an/an/a
Range (middle 80%)n/an/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 * n/a
Minimum TOEFL score required * 550
* Paper-based equivalent

Work Experience (months)
Average 96
Range (middle 80%) 30 - 180
New entrants with one year or less work experience 0%

Student Age (years)
Average 32
Range (middle 80%) 26 - 38

Salary
Average base salary of entering students $20,556
Range (middle 80%) $11,232 - $27,744


Entering students employed in the following function areas:
Consulting 15
Finance/Accounting 46
General Management 15
Human resources 0
Marketing/Sales n/a
Management Information Systems n/a
Operations/Logistics 15
Other 8


Entering students employed in the following industries:
Government 25
Manufacturing 17
Non-Profit 0
Services 75
Other 8


TOP CORPORATE CUSTOMERS

Organizations that send the most participants to the part-time MBA program:

OrganizationNo.
1. Bavaria S.A4
2. Colombia de Telecomunicaciones2
3. Corporación Minuto de Dios2
4. EMTELCO2
5. ETB2
6. Herrera Ricaurte y Compañia2
7. Nesitel2
8. Petrominerales Colombia2


ADMISSIONS

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

128 people applied to the part-time MBA program in 2004. The school accepted 75% (selectivity) of those applicants, and 94% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
2004200320022001
Selectivity75%95%n/an/a
Yield94%82%n/an/a

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

Interviews for MBA applicants are:
Required

In 2004, the B-school interviewed 100% of its part-time MBA applicants, and 100% of its admitted applicants.

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

COSTS AND DEADLINES

COSTS:
Estimated TOTAL (not annual) cost of part-time MBA program (U.S. dollars)
2004200320022001
Resident$13,000$10,000n/an/a
Nonresident$13,000$10,000n/an/a

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
All applicants:  July 5, 2005
All applicants:  July 6, 2006

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

FINANCIAL AID

FINANCIAL AID:
Part-time MBAs whose education is partially covered by employer 8%
Part-time MBAs whose education is 100% covered by employer 6%

Part-time MBAs apply for financial aid through a
n/a

Scholarships are based on
academic merit
15% of part-time MBAs applied for financial aid for the 2004-2005 academic year. 15% of part-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, 7% received institutional scholarships, n/a received assistantships, and 8% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $2,691

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

Applicants apply for scholarship consideration n/a


Average scholarship awarded $3,368
Guaranteed loans offered to part-time MBAs? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates n/a

Web link: 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 Armando Pardo
 
Admissions director Javier Serrano Rodríguez
 
Financial aid director Carlos Aparicio
 
Career services director Paula Duran Fernandez
 
Alumni relations director Sonia Bernal

 
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