International Business College-Indianapolis

www.ibcindianapolis.edu

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2022 Undergraduate Tuition

$15,280

9.46% growth from 2021

2022 Average Net Price

$11,918

After Financial Aid

2019 Default Rate

1.86%

on Student Loans

2022 Acceptance Rate

71.8%

216 Applicants

2022 Enrolled Students

167

100% Full-Time

2022 Graduation Rate

70.8%

80 Graduates

About

International Business College-Indianapolis is a higher education institution located in Marion County, IN. In 2022, the most popular Associates Degree concentrations at International Business College-Indianapolis were Graphic Design (11 degrees awarded), Dental Assisting (10 degrees), and Medical Assistant (10 degrees).

In 2022, 139 degrees were awarded across all undergraduate and graduate programs at International Business College-Indianapolis. 84.9% of these degrees were awarded to women, and 15.1% awarded men. The most common race/ethnicity group of degree recipients was white (102 degrees), 8.5 times more than then the next closest race/ethnicity group, hispanic or latino (12 degrees).

The median undergraduate tuition at International Business College-Indianapolis is $15,280, which is $7,168 more than the national average for Associates Colleges ($8,112).

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

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

Costs

In 2022, the median undergraduate tuition at International Business College-Indianapolis is $15,280, which is $7,168 more than the national average for Associates Colleges ($8,112).

After taking grants and loans into account, the average net price for students is $11,918.

In 2022, 77% of undergraduate students attending International Business College-Indianapolis received financial aid through grants. Comparatively, 84% of undergraduate students received financial aid through loans.

Tuition Costs

$15,280

2022 Undergraduate Tuition

In 2022, the cost of tuition at International Business College-Indianapolis was $15,280. The cost of tuition at International Business College-Indianapolis is $7,168 more than than the overall (public and private) national average for Associates Colleges ($8,112).

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

Average Net Price

$11,918

2022 Value

8.02%

1 Year Growth

In 2022 International Business College-Indianapolis had an average net price — the price paid after factoring in grants and loans — of $11,918. Between 2021 and 2022, the average net price of International Business College-Indianapolis grew by 8.02%.

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

$7,360

Room and Board

$1,663

Books and Supplies

The average yearly cost of room and board at International Business College-Indianapolis was of $7,360 in 2022. The cost of room and board increased by 0.409% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,663. The cost of books and supplies decreased by 26.8% 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

77%

Undergraduates Receiving Financial Aid through Grants

84%

Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at International Business College-Indianapolis received financial aid through grants or loans in 2022. This represents a growth of 6.94% with respect to 2021, when 72% 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 216 undergraduate applications in 2022, which represents a 26% annual growth. Out of those 216 applicants, 155 students were accepted for enrollment, representing a 71.8% acceptance rate.

There were 167 students enrolled at International Business College-Indianapolis in 2022.

International Business College-Indianapolis has an overall enrollment yield of 20.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.8%

Acceptance Rate in 2022

155

Accepted Out of 216

In 2022, the undergraduate acceptance rate of International Business College-Indianapolis was 71.8% (155 admissions from 216 applications). This is lower than the acceptance rate of 2021, which was 73.6%. Between 2021 and 2022, the number of applicants declined by 26%, while admissions declined by 27.9%.

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 167 students in 2022. The full-time enrollment at International Business College-Indianapolis is 167 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 74.3% White, 7.78% Hispanic or Latino, 6.59% Two or More Races, 5.39% Black or African American, and 0.599% American Indian or Alaska Native.

Students enrolled at International Business College-Indianapolis in full-time Undergraduate programs are most commonly White Female (65.3%), followed by White Male (8.98%) and Hispanic or Latino Female (7.19%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at International Business College-Indianapolis in 2022, both undergraduate and graduate, is 167 students. The full-time enrollment at International Business College-Indianapolis is 167 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 N/A% 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

63%

2022 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 63%. Compared with the full-time retention rate at similar Associates Colleges (62%), 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 (2022)

White
124 enrolled students
Hispanic or Latino
13 enrolled students
Two or More Races
11 enrolled students

The enrolled student population at International Business College-Indianapolis is 74.3% White, 7.78% Hispanic or Latino, 6.59% Two or More Races, 5.39% Black or African American, and 0.599% 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 42.9% White, 27.9% Hispanic or Latino, and 12.5% Black or African American.

Graduates

In 2022, 97 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 (102 degrees awarded). There were 8.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (12 degrees).

The most common Associates Degree concentration at International Business College-Indianapolis is Graphic Design (11 degrees awarded), followed by Dental Assisting (10 degrees) and Medical Assistant (10 degrees).

In 2022, 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 (11 degrees awarded), Health (26 degrees), and Computer and Information Sciences and Support Services (4 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 (1,498,622 people), Accountants & auditors (1,065,396 people), Other managers (888,124 people), Software developers (693,122 people), and Financial managers (520,782 people).

The most specialized majors at International Business College-Indianapolis in 2022 are Visual & Performing Arts (11 degrees awarded), Health (26 degrees), Computer and Information Sciences and Support Services (4 degrees), Business (7 degrees), and Legal (0 degrees) (as of 2022).

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 (11 degrees awarded), Health (26 degrees), Computer and Information Sciences and Support Services (4 degrees), Business (7 degrees), and Legal (0 degrees) (as of 2022).

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 (1,875,348 people), Computer Systems Design (1,117,258 people), Elementary & secondary schools (891,642 people), Colleges, universities & professional schools, including junior colleges (642,655 people), and Banking & related activities (560,576 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 (2022)

Graphic Design
11 degrees awarded
Dental Assisting
10 degrees awarded
Medical Assistant
10 degrees awarded

In 2022, the most common associates degree concentration at International Business College-Indianapolis was Graphic Design with 11 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 2022

118

Degrees Awarded to Women

in 2022

In 2022, 21 degrees were awarded to men at International Business College-Indianapolis, which is 0.178 times less than the number of degrees awarded to females (118).

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

Most Common Male Majors

In 2022, 6 degrees were awarded to men at International Business College-Indianapolis in Graphic Design, which is 1.2 times more than the 5 female recipients with that same degree.

Most Common Female Majors

In 2022, 15 degrees were awarded to men at International Business College-Indianapolis in Medical Assistant, which is 15 times more than the 1 male recipients with that same degree.

Time to Complete

73%

100% Completion Time

74%

150% Completion Time

In 2022, 73% 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, 74% completed their degrees within 150% of the normal time, and 74% 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.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at International Business College-Indianapolis is Male and Two or More Races (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (73.2%).

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 (2022)

White
102 degrees awarded
Hispanic or Latino
12 degrees awarded
Two or More Races
12 degrees awarded

The most common race/ethnicity at International Business College-Indianapolis is white (102 degrees awarded). There were 8.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (12 degrees).

2.16% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
88 degrees awarded
White Male
14 degrees awarded
Two or More Races Female
10 degrees awarded

The most common race/ethnicity and sex grouping at International Business College-Indianapolis is white female (88 degrees awarded). There were 6.29 times more white female recipients than the next closest race/ethnicity group, white male (14 degrees).

Operations

International Business College-Indianapolis employs 12 Instructors. Most academics at International Business College-Indianapolis are Female Instructor (11), and Male Instructor (1).

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

Salary Expenditure

$2M

2022 Salaries

11%

decline from 2021

In 2022, International Business College-Indianapolis paid a median of $2M in salaries, a 11% decline from the previous year. This is compared to a 18.3% decline between 2020 and 2021, and a 17.7% growth between 2019 and 2020.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$729k

Instructional Salaries

Number of Employees

In 2022, International Business College-Indianapolis paid a total of $729k to 12 employees working as instructors, which represents 36.4% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

12 Employees

Sales and related

Most Common Non-Instructional Employee

4 Employees

In 2022, the most common positions for instructional staff at International Business College-Indianapolis was Instructor with 12 employees.

In 2022, the most common positions for non-instructional staff at International Business College-Indianapolis were Sales and related with 4 employees, Office and Administrative Support with 4 employees, and Management with 3 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Instructor
Male Instructor

In 2022, the most common demographic for instructional staff at International Business College-Indianapolis was Female Instructor with 11 employees, and Male Instructor with 1 employees.

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

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