International Business College-Indianapolis

www.ibcindianapolis.edu/

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2021 Undergraduate Tuition

$13,960

2021 Average Net Price

$12,957

After Financial Aid

2019 Student Loan

1.86%

Default Rate

2021 Acceptance Rate

73.6%

292 Applicants

2021 Enrolled Students

224

100% Full-Time

2021 Graduation Rate

73.8%

76 Graduates

About

International Business College-Indianapolis is a higher education institution located in Marion County, IN. In 2021, the most popular Associates Degree concentrations at International Business College-Indianapolis were Medical Assistant (16 degrees awarded), Graphic Design (13 degrees), and Dental Assisting (12 degrees).

In 2021, 153 degrees were awarded across all undergraduate and graduate programs at International Business College-Indianapolis. 87.6% of these degrees were awarded to women, and 12.4% awarded men. The most common race/ethnicity group of degree recipients was white (117 degrees), 7.31 times more than then the next closest race/ethnicity group, hispanic or latino (16 degrees).

The median undergraduate tuition at International Business College-Indianapolis is $13,960, which is $5,992 more than the national average for Associates Colleges ($7,968).

Associates Colleges: High Career & Technical-High Traditional Associates Colleges

Costs

In 2021, the median undergraduate tuition at International Business College-Indianapolis is $13,960, which is $5,992 more than the national average for Associates Colleges ($7,968).

After taking grants and loans into account, the average net price for students is $12,957.

In 2021, 72% of undergraduate students attending International Business College-Indianapolis received financial aid through grants. Comparatively, 86% of undergraduate students received financial aid through loans.

Tuition Costs

$13,960

2021 Undergraduate Tuition

In 2021, the cost of tuition at International Business College-Indianapolis was $13,960. The cost of tuition at International Business College-Indianapolis is $5,992 more than than the overall (public and private) national average for Associates Colleges ($7,968).

This chart compares the tuition costs of International Business College-Indianapolis (in red) with those of other similar universities.

Average Net Price

$12,957

2021 Value

11.7%

1 Year Growth

In 2021 International Business College-Indianapolis had an average net price — the price paid after factoring in grants and loans — of $12,957. Between 2020 and 2021, the average net price of International Business College-Indianapolis grew by 11.7%.

This chart compares the average net price of International Business College-Indianapolis (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$7,330

Room and Board

$2,273

Books and Supplies

The average yearly cost of room and board at International Business College-Indianapolis was of $7,330 in 2021. The cost of room and board increased by 0.274% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $2,273. The cost of books and supplies increased by 12.9% during the same period.

This chart compares the average student costs at International Business College-Indianapolis (in red) with that of similar universities.

Financial Aid by Income Level

72%

Undergraduates Receiving Financial Aid through Grants

86%

Undergraduates Receiving Financial Aid through Loans

72% of undergraduate students at International Business College-Indianapolis received financial aid through grants or loans in 2021. This represents a decline of 5.26% with respect to 2020, when 76% of undergraduate students received financial aid.

This chart compares the average award discount at International Business College-Indianapolis (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

1.86%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at International Business College-Indianapolis was 1.86%, which represents 6 out of the 322 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

International Business College-Indianapolis received 292 undergraduate applications in 2021, which represents a 40.4% annual growth. Out of those 292 applicants, 215 students were accepted for enrollment, representing a 73.6% acceptance rate.

There were 224 students enrolled at International Business College-Indianapolis in 2021.

International Business College-Indianapolis has an overall enrollment yield of 25.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73.6%

Acceptance Rate in 2021

215

Accepted Out of 292

In 2021, the undergraduate acceptance rate of International Business College-Indianapolis was 73.6% (215 admissions from 292 applications). This is higher than the acceptance rate of 2020, which was 73.1%. Between 2020 and 2021, the number of applicants grew by 40.4%, while admissions declined by −39.9%..

This chart compares the acceptance rate of International Business College-Indianapolis (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

International Business College-Indianapolis had a total enrollment of 224 students in 2021. The full-time enrollment at International Business College-Indianapolis is 224 students and the part-time enrollment is 0. This means that 100% of students enrolled at International Business College-Indianapolis are enrolled full-time.

The enrolled student population at International Business College-Indianapolis, both undergraduate and graduate, is 66.1% White, 11.2% Hispanic or Latino, 7.59% Two or More Races, 7.14% Black or African American, 2.68% Asian, and 0.446% American Indian or Alaska Native.

Students enrolled at International Business College-Indianapolis in full-time Undergraduate programs are most commonly White Female (55.8%), followed by White Male (10.3%) and Hispanic or Latino Female (8.93%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at International Business College-Indianapolis in 2021, both undergraduate and graduate, is 224 students. The full-time enrollment at International Business College-Indianapolis is 224 and the part-time enrollment is 0. This means that 100% of students enrolled at International Business College-Indianapolis are enrolled full-time compared with 32.5% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at International Business College-Indianapolis (in red) compares to similar universities.

Retention Rate over Time

69%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at International Business College-Indianapolis was 69%. Compared with the full-time retention rate at similar Associates Colleges (60%), International Business College-Indianapolis had a retention rate higher than its peers.

This chart shows the retention rate over time at International Business College-Indianapolis (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
148 enrolled students
Hispanic or Latino
25 enrolled students
Two or More Races
17 enrolled students

The enrolled student population at International Business College-Indianapolis is 66.1% White, 11.2% Hispanic or Latino, 7.59% Two or More Races, 7.14% Black or African American, 2.68% Asian, and 0.446% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 44.1% White, 26.8% Hispanic or Latino, and 12.5% Black or African American.

Graduates

In 2021, 115 more women than men received degrees from International Business College-Indianapolis. The most common race/ethnicity group of degree recipients at International Business College-Indianapolis is white (117 degrees awarded). There were 7.31 times more white recipients than the next closest race/ethnicity group, hispanic or latino (16 degrees).

The most common Associates Degree concentration at International Business College-Indianapolis is Medical Assistant (16 degrees awarded), followed by Graphic Design (13 degrees) and Dental Assisting (12 degrees).

In 2021, the most specialized majors across all degree types at International Business College-Indianapolis, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (13 degrees awarded), Health (29 degrees), and Business (8 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at International Business College-Indianapolis are Registered nurses (1,429,844 people), Accountants & auditors (1,067,055 people), Other managers (845,015 people), Software developers (622,520 people), and Financial managers (493,674 people).

The most specialized majors at International Business College-Indianapolis in 2021 are Visual & Performing Arts (13 degrees awarded), Health (29 degrees), Business (8 degrees), Computer and Information Sciences and Support Services (1 degrees), and Legal (0 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at International Business College-Indianapolis are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Magnetic resonance imaging technologists

The most specialized majors at International Business College-Indianapolis are Visual & Performing Arts (13 degrees awarded), Health (29 degrees), Business (8 degrees), Computer and Information Sciences and Support Services (1 degrees), and Legal (0 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at International Business College-Indianapolis are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,823,248 people), Computer Systems Design (1,041,844 people), Elementary & secondary schools (858,311 people), Colleges, universities & professional schools, including junior colleges (615,314 people), and Banking & related activities (551,503 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by International Business College-Indianapolis.

Most Common (2021)

Medical Assistant
16 degree-majors awarded
Graphic Design
13 degree-majors awarded
Dental Assisting
12 degree-majors awarded

In 2021, the most common associates degree concentration at International Business College-Indianapolis was Medical Assistant with 16 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at International Business College-Indianapolis according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

134

Degrees Awarded to Women

in 2021

In 2021, 19 degrees were awarded to men at International Business College-Indianapolis, which is 0.142 times less than the number of degrees awarded to females (134).

This chart displays the sex disparity between the top 5 majors at International Business College-Indianapolis by degrees awarded.

Most Common Male Majors

In 2021, 7 degrees were awarded to men at International Business College-Indianapolis in Graphic Design, which is 1.17 times more than the 6 female recipients with that same degree.

Most Common Female Majors

In 2021, 17 degrees were awarded to women at International Business College-Indianapolis in Medical Assistant. There were no male recipients with the same degree.

Time to Complete

68%

100% Completion Time

69%

150% Completion Time

In 2021, 68% of students graduating from International Business College-Indianapolis completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 69% completed their degrees within 150% of the normal time, and 70% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at International Business College-Indianapolis is Male and Asian (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
117 degrees awarded
Hispanic or Latino
16 degrees awarded
Two or More Races
8 degrees awarded

The most common race/ethnicity at International Business College-Indianapolis is white (117 degrees awarded). There were 7.31 times more white recipients than the next closest race/ethnicity group, hispanic or latino (16 degrees).

1.31% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
102 degrees awarded
Hispanic or Latino Female
15 degrees awarded
White Male
15 degrees awarded

The most common race/ethnicity and sex grouping at International Business College-Indianapolis is white female (102 degrees awarded). There were 6.8 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (15 degrees).

Operations

International Business College-Indianapolis employs 15 Instructors. Most academics at International Business College-Indianapolis are Female Instructor (13), and Male Instructor (2).

The most common positions for non-instructional staff at International Business College-Indianapolis are: Management, with 4 employees, Sales and related, with 4 employees, and Office and Administrative Support with 3 employees.

Salary Expenditure

$2.25M

2021 Salaries

18.3%

decline from 2020

In 2021, International Business College-Indianapolis paid a median of $2.25M in salaries, a 18.3% decline from the previous year.

The median for similar Associates Colleges is 16.4M (41.6% of overall expenditures).

Instructional Salaries

$617k

Instructional Salaries

Number of Employees

In 2021, International Business College-Indianapolis paid a total of $617k to 15 employees working as instructors, which represents 27.4% of all salaries paid.

This is compared to a median of $5.1M (31.2%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

15 Employees

Management

Most Common Non-Instructional Employee

4 Employees

In 2021, the most common positions for instructional staff at International Business College-Indianapolis was Instructor with 15 employees.

In 2021, the most common positions for non-instructional staff at International Business College-Indianapolis were Management with 4 employees, Sales and related with 4 employees, and Office and Administrative Support with 3 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Instructor
Male Instructor

In 2021, the most common demographic for instructional staff at International Business College-Indianapolis was Female Instructor with 13 employees, and Male Instructor with 2 employees.

This chart shows the sex split between each academic rank present at International Business College-Indianapolis.