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2005 FULL-TIME MBA PROFILE
International University of Monaco
— MonacoMBA
Address: International University of Monaco
2 Avenue Prince Hereditaire Albert
MC 98000 Monaco
E-Mail: info@monaco.edu
Web links: B-school Web site
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Sept. 6, 2005

Year program was founded 1986
Institution is Non-U.S., Private
Business school accreditation:
AMBA
Length of program 10 months

Enrollment
Total graduate business students 75
Full-time MBA students 32
Part-time MBA students 2
Distance MBA students n/a
Executive MBA students 20
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 0%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 50%
International students 1 100%
Married students 10%

Students from the following regions:
Africa 5%
Asia 15%
Eastern and Central Europe and Central Asia 15%
Latin America and the Caribbean 5%
Middle East 5%
North America
 (Canada: 50% / U.S.: 50%)
10%
Oceania n/a
Western Europe 45%

North American students by region:
Canada 50%
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
20052004200320022001
Average580580500n/an/a
Median580570510n/an/a
Range (middle 80%)500 - 650500 - 710430 - 560n/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 575
Minimum TOEFL score required 550

Work Experience (months)
Average 60
Median 60
Range (middle 80%) 36 - 84
New entrants with one year or less of work experience 15%

Student Age (years)
Average 28
Median 28
Range (middle 80%) 25 - 32

Salary
Average base salary forgone to enter program $60,000
Median base salary forgone to enter program $60,000


ADMISSIONS

Application fee (resident) $125
Application fee (nonresident) $125

100 people applied to the full-time MBA program in 2005. The school accepted 60% (selectivity) of those applicants, and 55% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity60%75%80%n/an/a
Yield55%60%60%n/an/a

0% of applicants had applied in prior years, and of those reapplicants 0% were accepted.

The B-school placed 0 applicant(s) on its wait list. 0 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 50%
International applicants 1 100%

Interviews for MBA applicants are:
Recommended

In 2005, the B-school interviewed 85% of its full-time MBA applicants, and 95% 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$30,000$26,000$26,000n/an/a
Nonresident$30,000$26,000$26,000n/an/a
Expected monthly rent $900
Recommended annual budget (Resident) 1 $44,000
Recommended annual budget (Nonresident) $44,000

2005-2007 DEADLINES:
Application deadline(s)
All applicants:  Aug. 1, 2005

Rolling admissions? Yes

Deadline(s) for scheduling an interview
All applicants:  Aug. 1, 2005

Financial aid deadline(s)
n/a

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

20% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 15% 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, 90% received institutional scholarships, 10% received assistantships, and n/a received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $5,000
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages n/a - n/a
Scholarships: Based on financial need
academic merit
a combination of need and merit
some other criteria


3 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 n/a
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 n/a


(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 Maxime Crener, Ph. D.
Hired as of Sept. 2001
 
Program director Boris Porkovich, Ed. D.
 
Admissions director Gisele Dudognon, Ph. D.
 
Financial aid director n/a
 
Career services director n/a
 
Alumni relations director Grisel Damgaard

 
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