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PART-TIME MBA Profiles Publish Date 11/13/08

Universidad de Los Andes

Getting In

PROGRAM BASICS

Universidad de los Andes School of Management UASM

Part Time MBA, Professional MBA

Calle 21 # 1- 20, Ninth Floor
Bogota Colombia  

Status:

Private Institution

Part-time enrollment (2008-2009):

279

Times offered:


Weeknights

On alternate weekends

Semesters offered:


Fall

Winter

Spring

Summer

Percentage of part-time students who graduate within six years of entering program:

100 %

Part-time MBAs graduating since program began:

332

Average months to complete program:

18

Maximum months permitted to complete program:

60

School has separate full-time MBA program?

Yes

If school has full-time program, can students switch to full-time program?

Yes

Graduate business school is accredited by:


Association of MBAs (AMBA)

European Foundation for Mgt. Development (EFMD)

Other

Tuition and Fees: (Based on six credits in the fall and six credits in the spring)


Resident: $  22,895
Non-Resident: $  22,895

Tuition per credit:

$  386

National Accreditation, Ministry of Education Colombia

Years in which the following programs were founded:


Full-time MBA: 1974
Part-time MBA : 2000
Undergraduate business program: 1972
Executive MBA: 2000
Executive Education (non-degree): 1967
PhD program: 2006

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 859
Full-time MBA: 114
Part-time MBA: 256
Executive MBA: 106

PhD program: 18
Other: 365

Undergraduate business school enrollment

1,203

Graduate degree programs:


Master of Finance

Master of Marketing

Other graduate degree programs:

Master in Environmental Management; Specialization in Finance; Specialization in Marketing; Global MBA

ADMISSIONS, SELECTIVITY AND YIELD

Total applications, most recent entering class:

200

Applications accepted, most recent entering class:

67 %

Admitted students enrolled:

87 %

Applicants wait-listed during the last admissions cycle:

0

Wait-listed applicants admitted for the semester to which they applied:

0

Applicant interviews are:

Required

Applicants interviewed:

100 %

Admitted applicants interviewed:

100 %

ENTRY REQUIREMENTS

Rolling admissions?

No

GMAT required?

No

If not, how are applicants' quantitative abilities checked?

Students must take and pass an admissions exam similar to the GMAT. This test is known as LASPAU (Academic and Professional Programs for the Americas)

From: N/A To: N/A

Is proficiency in English required?

Yes

Is a minimum score on an English language proficiency test required?

No

Which English language proficiency tests are accepted?


IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other

English Proficiency Test delivered by Uniandes Language Department.

Minimum paper-based TOEFL:

550

Relative Importance of Application Elements:

GMAT Scores:

Important

Resume/Work Experience:

Very Important

Application Essays:

Important

Interviews:

Very Important

Recommendations:

Important

Undergraduate Transcripts:

Very Important

CLASS PROFILE

Female students:

33 %

International students:

5 %

Percentage of newest entering class that are:


Hispanic or Latino American: 99  %
Native American: 1  %

Average months postgraduate work experience:

76

Median months work experience:

60

Middle 80% range work experience (months):


From:  24
To:  101

Students with one year or less of work experience:

0 %

Mean base salary of entering students:

$  3,035

Median base salary of entering students:

$  3,012

Middle 80% base salary range of entering part-time students:


From: $ 1,149
To: $ 3,136

Mean base salary, 2007 grads, six months after graduation:

$  3,780

Mean entering student age:

31

Median entering student age:

30

Entering students work in the following functional areas:


Consulting: 2  %
Finance/Accounting: 29  %
General Management: 23  %
Human Resources: 0  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 26  %
Management Information Systems (MIS): 4  %
Operations/Production (Logistics, Purchasing, Engineering, etc.): 12  %
Other: 4  %

Entering students work in the following industries:


Consulting: 8  %
Consumer Products: 3  %
Financial Services: 19  %
Government: 5  %
Manufacturing: 14  %
Media/Entertainment: 3  %
Non-Profit: 1  %
Petroleum/Energy: 3  %
Pharmaceutical/Biotechnology/Health Care Products: 2  %
Real Estate: 1  %
Technology: 4  %
Other: 37  %

FINANCIAL AID

Students partially funded by their current employer:

30 %

Students fully funded by their current employer:

2 %

Part-time MBAs apply for financial aid through:

Central financial aid office at the university

Students receiving some form of financial aid in 2008-09:

26 %

Of part-time MBA students who applied for financial aid for the 2008-2009 academic year, percentage receiving:


Institutional Scholarships: 9  %
Assistantships: 0  %
Loans (private and government): 91  %

Mean financial aid package:

$  5,563

Median financial aid package:

$  4,865

On what basis are scholarships awarded?

A combination of need and merit

Full-tuition scholarships awarded, 2007-08:

0

How does an applicant apply for scholarship consideration?

Unique scholarship application

Total financial aid for part-time students 2008-2009:

$  210,410

Does school offer a guaranteed loan to all part-time MBAs?

No

Maximum of guaranteed loan:

$  0

Mean outstanding debt at graduation:

$  0

Academics & Lifestyle

FACULTY

Faculty employed by the B-school:

65

Full-time faculty


Tenured: 47
Non-Tenured: 18

Adjunct/Visiting Faculty


Tenured: 0
Non-Tenured: 160

Women on Faculty


Tenured: 10
Non-Tenured: 8

Minority Faculty


Tenured: 0
Non-Tenured: 0

International Faculty


Tenured: 4
Non-Tenured: 2

Faculty with PhDs


Tenured: 24
Non-Tenured: 2

Faculty who are also members of company boards of directors or advisors:

32 %

Faculty who have owned their own business:

25 %

Part-time students have their own area/center on campus?

No

Part-time students have lockers?

Yes

Part-time students have break-out rooms?

Yes

TEACHING/ACADEMICS

Teaching Methods:


Case study: 25  %
Experiential Learning: 10  %
Lecture: 30  %
Simulations: 5  %
Team Project: 20  %
Other: 10  %

Estimated number of hours per week students spend working in class and outside the classroom:

27

Teachers in the part-time program:

32

Tenured teachers in the part-time program:

22

Faculty also teaching in full-time program:

46 %

Faculty with at least five years of full-time corporate experience:

100 %

Average core class size:

35

Avrerage elective class size:

25

Electives available:

7

Recently added electives:


Case Training for Consultants
Marketing and Management in the Food Industry
Macrofinnacial Risk Analysis
Marketing Futurecast
Value Chain Management
Business and Environment

Last curriculum revision:

2008

Recent curriculum changes:

Introduction of managerial skills workshop and the mandatory Sustainable Development course. Credit and contact hours were reestructured.

Concentrations and specializations offered to part-time MBAs:


Finance

Marketing

Concentrations offered:


Environmental Management

Does the B-school offer an accelerated part-time MBA program?

No

Graduation requirements:


Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/Letter grade average

Other

Students must submit a graduation project.

Credits required to graduate:

59

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

New School´s Information System, website and web solution for online payments Sixteen new Virtual Learning Environments to facilitate student´s learning process Academic Software: campus agreement (Office, Norton Antivirus, Acrobat, Macromedia, Powerzip, SPSS, Respondus), Bloomberg, Campus Software Especializado (Eviews, Crystalball, Stata), Markstrat, SAS, XLMiner, Atlas TI, MindManager, Firewall, FTS, DPL, Scientific Work Place, Blackboard, Otis, AMOS SPSS 150 new computers (desktops and laptops), 2 mobile computer rooms (30 laptops each), laptop lending service (30 laptops) Internet wireless access on 100% of the School´s building 10 Plasma screens, Video beams, audio system, microphones, presenters and all the basic equipment was acquired to support audiovisual aids on every School class.

Amount spent:

$  882,536

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

1,450

Active MBA alumni clubs

1

Countries in which MBA clubs exist

1

Living MBA alumni who gave in past year:

1 %

Mean gift from MBA alumni:

$  155

Median gift from MBA alumni

$  155

Did school receive an individual gift in excess of $10 million in past academic year?

No

Business School Endowment

$  6,470,133

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:

https://egresados.uniandes.edu.co/

Does the B-School have an alumni networking site:

Yes

Do current MBA students have access to an alumni database?

No

CAREER SERVICES

Do part-time MBAs have access to career development office?

Yes

If part-time MBA students have access to the career development office, at what point in the degree process are they able to use the service?

At any time

Do current part-time MBAs have access to an alumni database?

No

Are part-time MBAs permitted to interview for summer internships?

No

Are part-time MBAs permitted to interview for full-time jobs?

Yes

Are part-time students included in resume drops?

Yes

Organizations that send the most participants to the part-time MBA program:


Banco de Bogota

4

Empresa de Telefonos de Bogota

4

Fiduciaria Bancolombia

4

Telefonica S.A (Telecommunicat

4

El Tiempo Newspaper

3

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