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Full-Time MBA Profile Publish Date 05/27/12

International University of Monaco

  • Program Basics

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 162
      • Full-Time MBA: 24
      • Executive MBA: 19
      • Other graduate degree programs:
        • Master of Finance
        • Other
        • Master of International Management/Business
      • Master of Luxury Management, Master of Sports Business Management

  • PROGRAM COSTS

    • Total direct costs (tuition and required fees) of the entire MBA program:

      • Resident: $38,000.00
      • Nonresident: $38,000.00
      • Recommended annual budget (Resident): $50,000.00
      • Recommended annual budget (Nonresident): $50,000.00

  • PROGRAM LENGTH

      • Full-time program (months): 10

  • ADMISSIONS

    • Application Deadlines

      • Semester: Fall 2012
      • Deadline: May 30, 2012
      • Does the program have rolling admissions? Yes
      • Is proficiency in English required for admission? Yes
      • Is a minimum score on an English language proficiency test required? Yes

    • Which English language proficiency tests are accepted?

        • IELTS
        • TOEFL Internet Based Test
        • TOEFL Paper-based Test
      • Minimum paper-based TOEFL score required for MBAs: 550

    • Relative Importance of Application Elements:

      • GMAT Score: Considered
      • Resume/Work Experience: Very Important
      • Application Essays: Very Important
      • Interviews: Important
      • Recommendations: Very Important
      • Undergraduate Transcripts: Important

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 62
      • Applicants who were accepted to the most recent class: 60 %
      • Admitted applicants who enrolled in the newest class: 65 %
      • Applicants who were re-applicants from prior years: 0 %
      • Percentage of this year's reapplicants accepted: 0 %
      • Applicants wait-listed during the last admissions cycle: 0
      • Wait-listed applicants admitted for the semester to which they applied: 0
      • Applicant interviews are: Recommended
      • Applicants (admitted and denied) who were interviewed: 80 %
      • Admitted applicants who were interviewed: 90 %

  • APPLICANT POOL

      • International applications received: 100 %
      • Applications from women received: 60 %
      • Mean base salary forgone: $80,000.00
      • Median base salary forgone: $78,000.00

  • CLASS PROFILE

    • Full-time students in newest entering class (2010-2011) that are:

      • Female: 66 %
      • International: 100 %
      • Married: 22 %

    • Students from following regions:

      • Africa: 9 %
      • Asia: 9 %
      • Europe: 48 %
      • North America: 26 %
      • Latin America and the Caribbean: 9 %
      • Oceania: 0 %

    • Percentage of U.S. students in newest entering class that are:

      • African American: 0 %
      • Asian American: 0 %
      • Hispanic or Latino American: 20 %
      • White (Non-Hispanic): 80 %

    • Percentage of U.S. students in newest entering class who are from the following regions:

      • Northeast: 20 %
      • Mid-Atlantic: 20 %
      • South: 20 %
      • West: 40 %
      • Mean months of work experience of newest entering class: 84
      • Median months of work experience of newest entering class: 74

    • Middle 80% range of work experience of newest entering class in months:

      • From: 36
      • To: 60
      • Median age of entering class: 27
      • Mean age of entering class: 31

  • FINANCIAL AID

      • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
      • Full-time MBAs who applied for financial aid for the current academic year: 45 %
      • Full-time MBAs receiving financial aid in the current academic year: 32 %
      • Mean MBA financial aid package for the current academic year: $6,000.00
      • Median MBA financial aid package for the current academic year: $6,000.00
      • On what basis are scholarships awarded?
        • academic merit
      • How does an applicant apply for scholarship consideration? Unique scholarship application
      • Mean scholarship awarded to full-time MBAs in the previous academic year: $6,000.00
      • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

  • GMAT

      • Are applicants required to take the GMAT? Yes
      • Are applicants allowed to submit the GRE? No

    • GMAT score distribution (applicant pool):

      • 75th Percentile 540
      • 50th Percentile (median) 485
      • 25th Percentile 445
      • 10th Percentile 275
      • 90th Percentile 595
      • Average GMAT Score 471

    • GMAT score distribution (incoming class):

      • 90th Percentile 600
      • 75th Percentile 565
      • 25th Percentile 485
      • Average GMAT Score 517
      • 50th Percentile (median) 517
      • 10th Percentile 464

  • CLASS OFFERINGS

      • Average number of students in a full-time MBA core class: 24
      • Average number of students in a full-time MBA elective class: 11
      • Elective courses available to full-time MBA students: 15

    • Electives that have been added to the full-time program since June 30, 2010:

      • Luxury Services
      • Private Equity
      • Doing Business in Emerging Markets
      • Green Finance
      • Luxury Brand Management

    • Concentrations and specializations offered to full-time MBA students:

        • Finance
        • International Business
      • Managing Luxury Goods & Services
      • Does the school offer an accelerated full-time MBA program? No

    • The school believes that its leading areas of study for full-time MBA students are:

        • E-commerce
        • Finance
        • General Management
        • Marketing
        • Other
        • International Business

  • FACULTY

      • Faculty employed by the B-school: 63

    • Full-time faculty:

      • Tenured: 18

    • Adjunct/Visiting Faculty:

      • Tenured: 3
      • Non-Tenured: 42

    • Women on Faculty:

      • Tenured: 8
      • Non-Tenured: 14

    • Minority Faculty:

      • Tenured: na
      • Non-Tenured: na

    • International Faculty:

      • Tenured: 21

    • Faculty with PhDs:

      • Tenured: 16
      • Non-Tenured: 5

  • STUDENT LIFE

    • Professional clubs available to full-time MBA students:

        • Entrepreneurship
        • VC/ Private Equity

    • Networking clubs available to full-time MBA students:

        • Wine

  • TEACHING/ACADEMICS

    • Teaching methods used:

      • Case Study: 30 %
      • Distance Learning: 5 %
      • Experiential Learning: 10 %
      • Lectures: 40 %
      • Simulations: 5 %
      • Team Projects: 10 %

    • Requirements for graduation:

        • Students must complete a company-specific project and present results to relevant parties
        • Students must have attended a minimum number of classes
        • Students must have earned a pre-determined GPA/Letter grade average

  • TECHNOLOGY

      • Technology improvements in the last three academic years: The distance learning component of our EMBA program is being modernized, to make the program more flexible, interactive and attractive, as well as to widen the geographic reach in terms of program candidates.
      • Amount spent: $195,000.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 738
      • Active MBA alumni clubs: 0
      • Countries in which MBA clubs exist: 0
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Does the main university offer career placement services for alumni? Yes
      • Does the main university have an alumni networking Web site? Yes
      • University alumni networking site: http://alumni.monaco.edu
      • Does the B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://alumni.monaco.edu
      • Does the B-SCHOOL offer career services for alumni? Yes
      • Do current MBA students have access to an alumni database? Yes

  • CAREER SERVICES

      • Graduates seeking full-time professional MBA employment: 20 %
      • Graduates not seeking employment: 80 %
      • Graduates for whom you have no information regarding employment: 0 %

    • Annual job-searching trips that the school coordinates or participates in:

      • Destination: Monaco Career Fair
      • Month: January
      • Amount Paid By School: Full
      • Destination: Italy: Milan, Rome, Turin company visits
      • Month: November
      • Amount Paid By School: Partial
      • Destination: Switzerland Company Visits
      • Month: January
      • Amount Paid By School: Partial
      • Destination: Monaco Networking Events
      • Month: October-May
      • Amount Paid By School: Partial

    • Primary source of job offer:

      • School-facilitated activities: 40 %
      • Graduate-facilitated activities: 60 %

    • Job Offers for 2011 graduates

      • Received first job offer by graduation: 5 %
      • Received first job offer in three months following graduation: 77 %
      • Received first job offer more than 3 months after graduation: 0 %
      • Did not report having received a job offer: 18 %
      • Accepted first job offer by graduation: 5 %
      • Accepted first job offer in three months following graduation: 77 %
      • Accepted first job offer more than 3 months after graduation: 0 %
      • Did not report having accepted a job offer: 18 %

    • Top recruiting organizations most recent academic year:

      • Campari International, Monaco 1
      • Tiffany & Co., New York 1
      • Merrill Lynch, Portland 1
      • Deloitte Consulting, Dubai 1
      • Misaki Pearls, Monaco 1
      • Mediascope Publicitas, India 1
      • Cineflix , Canada 1
      • TFCI Finance, Monaco 1
      • Sonor Charters, Monaco 1
      • Wally Yachts, Monaco 1
      • Job-accepting graduates who received a signing bonus: 0 %

    • Base salary, signing bonuses and other compensation for most recent employed graduates:

      • Mean base salary: $110,000.00
      • Median base salary: $105,000.00
      • Mean signing bonus: $0.00
      • Median signing bonus: $0.00
      • Mean other guaranteed compensation: $0.00
      • Median other guaranteed compensation: $0.00

    • Graduating students who accepted jobs in the following functional areas:

      • Consulting: 18 %
      • Finance/Accounting: 6 %
      • General Management: 47 %
      • Marketing/Sales: 29 %
      • Management Information Systems: 0 %
      • Operations/Logistics: 0 %
      • Other: 0 %

    • Graduating students who accepted jobs in the following industries:

      • Government: 0 %
      • Consulting: 18 %
      • Consumer Products: 24 %
      • Financial Services: 12 %
      • Manufacturing: 0 %
      • Media/Entertainment: 12 %
      • Non-Profit: 0 %
      • Petroleum/Energy: 0 %
      • Pharmaceutical/Biotechnology/Health Care: 0 %
      • Real Estate: 6 %
      • Technology: 6 %
      • Other: 22 %

    • Graduates who accepted full-time jobs in the following regions:

      • Africa: 0 %
      • Asia: 18 %
      • Europe: 47 %
      • North America: 29 %
      • Latin America and the Caribbean: 6 %

    • Within the U.S., graduates who accepted full-time jobs in the following regions:

      • Northeast: 50 %
      • West: 50 %

  • SCHOOL COMMENTS

      • School Comments: The MonacoMBA accepts a small, select group of students from around the world. In addition to core courses, students may also take electives in Luxury Management; Applied Finance; or International Management, all representative of Monaco’s economy. Classroom activities are complemented by numerous networking opportunities with entrepreneurs, business leaders and other decision makers through IUM sponsored events; the unique Mentorship program; and the Corporate Consulting Projects.

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