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2005 FULL-TIME MBA PROFILE
INCAE Business School
INCAE Business School
Address: Campus Walter Kissling Gam
1 Km. Oeste Viveros Procesa, La Garita
Alajuela, Alajuela 4050 Costa Rica
E-Mail: yolanda.fernandez@incae.edu
Web links: B-school Web site
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 16, 2005

Year program was founded 1968
Institution is Non-U.S., Private
Business school accreditation:
  AACSB
  EQUIS
  SACS (Southern Association of Colleges and Schools)
Length of program 21 months

Enrollment
Total graduate business students 658
Full-time MBA students 272
Part-time MBA students n/a
Distance MBA students n/a
Executive MBA students 386
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 15%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 34%
International students 1 84%
Married students 9%

Students from the following regions:
Africa 0%
Asia 7%
Eastern and Central Europe and Central Asia 1%
Latin America and the Caribbean 88%
Middle East 0%
North America
 (Canada: n/a / U.S.: n/a  )
2%
Oceania 0%
Western Europe 2%

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. 50%
Northeast U.S. n/a
South U.S. n/a
Southwest U.S. 50%
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
20052004200320022001
Averagen/an/an/a630630
Mediann/an/an/a630630
Range (middle 80%)n/an/an/a565 - 690565 - 690

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 581
Minimum TOEFL score required 520

Work Experience (months)
Average 61
Median 39
Range (middle 80%) 24 - 48
New entrants with one year or less of work experience n/a

Student Age (years)
Average 26
Median 24
Range (middle 80%) 21 - 33

Salary
Average base salary forgone to enter program $1,137
Median base salary forgone to enter program $910


ADMISSIONS

Application fee (resident) $100
Application fee (nonresident) $100

307 people applied to the full-time MBA program in 2005. The school accepted 80% (selectivity) of those applicants, and 35% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity80%88%47%67%65%
Yield35%54%79%33%34%

7% of applicants had applied in prior years, and of those reapplicants 100% 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 34%
International applicants 1 89%

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
20052004200320022001
Resident$24,837$24,837$33,784$25,500$22,758
Nonresident$24,837$24,837$33,784n/a$22,758
Expected monthly rent $152
Recommended annual budget (Resident) 1 $17,017
Recommended annual budget (Nonresident) $17,017

2005-2007 DEADLINES:
Application deadline(s)
n/a

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

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

84% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 75% 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, 74% received institutional scholarships, 0% received assistantships, and 57% received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $4,663
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $931 - $13,250
Scholarships: Based on a combination of need and 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?
Separate scholarship application


Average scholarship awarded $4,154
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2005 graduates n/a
Total money distributed to MBAs in past academic year $274,400

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 Esteban R. Brenes
Hired as of Sept. 2002
 
Program director Guillermo Selva
 
Admissions director Roderick MacGregor
 
Financial aid director Juan Carlos Rappaccioli
 
Career services director Neil Camacho
 
Alumni relations director Neil Camacho

 
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