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2005 FULL-TIME MBA PROFILE
Florida International University
Alvah H. Chapman, Jr., Graduate School of Business — International MBA
Address: 11200 SW 8th Street
MARC 210
Miami, FL 33199
E-Mail: chapinfo@fiu.edu
Web links: B-school Web site
Directions to school
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 15, 2005
Aug. 14, 2006
Aug. 13, 2007

Year program was founded 1999
Institution is U.S., Public
Business school accreditation:
  AACSB
  SACS
Length of program 12 months

Enrollment
Total graduate business students 928
Full-time MBA students 40
Part-time MBA students 313
Distance MBA students n/a
Executive MBA students 80
PhD program students 52
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 5,271
 
Change in full-time class size in past academic year -13%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 43%
International students 1 50%
Married students 8%

For U.S. schools only:
African American students 3%
Alaskan Native of Pacific Islander American students 0%
Asian American students 3%
Mexican American students 0%
Puerto Rican students 5%
Other Hispanic American students 15%
White (non-Hispanic) students 13%
Multiethnic/Multiracial students 13%
Not reported 0%
Other 0%

Students from the following regions:
Africa 3%
Asia 0%
Eastern and Central Europe and Central Asia 6%
Latin America and the Caribbean 35%
Middle East 8%
North America
 (Canada: 0% / U.S.: 100%)
40%
Oceania 0%
Western Europe 8%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 0%
Midwest U.S. 6%
Northeast U.S. 6%
South U.S. 71%
Southwest U.S. 6%
U.S. Possessions and territories 11%
West U.S. 0%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average523525530465645
Median500510520490n/a
Range (middle 80%)470 - 620480 - 600460 - 610390 - 610n/a

GMAT scores are required as part of the application.


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

Average TOEFL score 593
Minimum TOEFL score required 550

Work Experience (months)
Average 54
Median 48
Range (middle 80%) 15 - 92
New entrants with one year or less of work experience 5%

Student Age (years)
Average 26
Median 24
Range (middle 80%) 23 - 33

Salary
Average base salary forgone to enter program $30,544
Median base salary forgone to enter program $25,000


ADMISSIONS

Application fee (resident) $30
Application fee (nonresident) $25

197 people applied to the full-time MBA program in 2005. The school accepted 45% (selectivity) of those applicants, and 45% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity45%44%42%47%48%
Yield45%49%45%74%65%

4% of applicants had applied in prior years, and of those reapplicants 29% 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 43%
International applicants 1 53%

Interviews for MBA applicants are:
Not required

In 2005, the B-school interviewed n/a of its full-time MBA applicants, and n/a 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
20052004200320022001
Resident$27,500$27,500$26,000$24,000$24,000
Nonresident$31,500$31,500$30,000$27,500$24,000
Expected monthly rent $800
Recommended annual budget (Resident) 1 $41,900
Recommended annual budget (Nonresident) $45,900

2005-2007 DEADLINES:
Application deadline(s)
All applicants:  June 1, 2006
All applicants:  June 1, 2007

Rolling admissions? No

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
All applicants:  Mar. 1, 2006
All applicants:  Mar. 1, 2007

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

48% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 53% 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, 14% received institutional scholarships, 0% received assistantships, and 88% received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $20,399
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $3,000 - $34,992
Scholarships: Based on academic merit


0 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?
All candidates are considered for scholarship


Average scholarship awarded $5,250
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2005 graduates $20,399
Total money distributed to MBAs in past academic year $820,028

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 Jose de la Torre
Hired as of July 2002
 
Program director Paola Moreno
 
Admissions director Ellie Browner
 
Financial aid director Maria Tolon
 
Career services director Barry Shiflett
 
Alumni relations director Monique Catoggio

 
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