B-SCHOOL & PROGRAM BASICS
| Classes begin |
Sept. 19, 2005
Jan. 9, 2006
Apr. 3, 2006
Sept. 18, 2006
|
| Year program was founded | 1991 |
| Institution is | Non-U.S., Private |
Business school accreditation:
AMBA
SEKAP (Cyprus Council for Educational Accreditation)KYSATS (CYPRUS COUNCIL FOR THE RECOGNITION...)
|
| Length of program | 12 months |
Enrollment
| Total graduate business students | n/a |
| Full-time MBA students | 65 |
| Part-time MBA students | 140 |
| Distance MBA students | n/a |
| Executive MBA students | n/a |
| 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 | 10% |
STUDENT PROFILE - MOST RECENT ENTERING CLASS
| Female students in class | 49% |
| International students 1 | 40% |
| Married students | n/a |
Students from the following regions:
| Africa | 6% |
| Asia | 12% |
| Eastern and Central Europe and Central Asia | 12% |
| Latin America and the Caribbean | n/a |
| Middle East | 6% |
North America
(Canada: n/a / U.S.: n/a ) | n/a |
| Oceania | n/a |
| Western Europe | 4% |
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 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|
| Average | n/a | 580 | n/a | n/a | n/a | | Median | n/a | 590 | 550 | n/a | n/a | | Range (middle 80%) | n/a | 500 - 720 | 510 - 600 | 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 | n/a |
Work Experience (months)
| Average | 45 |
| Median | 36 |
| Range (middle 80%) | 24 | - | 50 |
| New entrants with one year or less of work experience | n/a |
Student Age (years)
| Average | 27 |
| Median | 26 |
| Range (middle 80%) | 24 | - | 30 |
Salary
| Average base salary forgone to enter program | $30,000 |
| Median base salary forgone to enter program | n/a |
ADMISSIONS
| Application fee (resident) | $50 |
| Application fee (nonresident) | $50 |
450 people applied to the full-time MBA program in 2005. The school accepted 20% (selectivity) of those applicants, and 85% of admitted applicants (yield) enrolled in the program.
Selectivity/Yield - Historical Chart | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|
| Selectivity | 20% | 25% | 90% | n/a | n/a | | Yield | 85% | 20% | 60% | n/a | n/a |
2% of applicants had applied in prior years, and of those reapplicants 2% were accepted.
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.
Applicant Profile:
| Female applicants | 50% |
| International applicants 1 | 25% |
Interviews for MBA applicants are:
Required
In 2005, 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)
Program Cost - Historical Chart | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|
| Resident | $17,800 | $17,000 | $15,000 | n/a | n/a | | Nonresident | $17,800 | $17,000 | $15,000 | n/a | n/a |
| Expected monthly rent | $320 |
| Recommended annual budget (Resident) 1 | $28,000 |
| Recommended annual budget (Nonresident) | $28,000 |
2005-2007 DEADLINES:
Application deadline(s)
n/a
Rolling admissions? Yes
Deadline(s) for scheduling an interview
All applicants: Sept. 5, 2005
All applicants: Dec. 19, 2005
All applicants: Mar. 20, 2006
All applicants: Sept. 11, 2006
Financial aid deadline(s)
n/a
FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school
60% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 35% of full-time MBAs received some form of financial aid for the 2005-2006 academic year.
Of those who received financial aid for the 2005-2006 academic year, 15% received institutional scholarships, 5% received assistantships, and 15% received loans.
| Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) | $15,000 |
| Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) | n/a |
| Range of financial-aid packages | $5,000 | - | $20,000 |
Scholarships: Based on a combination of need and merit
8 full-tuition scholarships were awarded by the school to full-time MBAs for the 2005-2006 academic year.
How does an applicant apply for scholarship consideration?
As part of the admissions application
| Average scholarship awarded | $12,000 |
| Guaranteed loan offered? 2 | No |
| Maximum amount students can borrow | n/a |
| Average outstanding loans for 2005 graduates | $15,000 |
| Total money distributed to MBAs in past academic year | $70,000 |
Financial aid Web site
(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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