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 | 2004 | 2003 | 2002 | 2001 |
|---|
| Average | n/a | n/a | n/a | n/a | | Median | n/a | n/a | n/a | n/a | | Range (middle 80%) | n/a | n/a | n/a | n/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:
| Organization | No. |
| 1. Bavaria S.A | 4 |
| 2. Colombia de Telecomunicaciones | 2 |
| 3. Corporación Minuto de Dios | 2 |
| 4. EMTELCO | 2 |
| 5. ETB | 2 |
| 6. Herrera Ricaurte y Compañia | 2 |
| 7. Nesitel | 2 |
| 8. Petrominerales Colombia | 2 |
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 | 2004 | 2003 | 2002 | 2001 |
|---|
| Selectivity | 75% | 95% | n/a | n/a | | Yield | 94% | 82% | n/a | n/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)
| 2004 | 2003 | 2002 | 2001 |
|---|
| Resident | $13,000 | $10,000 | n/a | n/a | | Nonresident | $13,000 | $10,000 | n/a | n/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
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