Institute for Business and Technology

ibttech.com

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2023 Average Net Price

$24,608

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

609

100% Full-Time

2023 Graduation Rate

77.4%

356 Graduates

About

Institute for Business and Technology is a higher education institution located in Santa Clara County, CA. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Institute for Business and Technology were Electrician (242 degrees awarded), HVAC Maintenance (142 degrees), and Medical Office Assistant (48 degrees).

In 2023, 473 degrees were awarded across all undergraduate and graduate programs at Institute for Business and Technology. 19.9% of these degrees were awarded to women, and 80.1% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (323 degrees), 8.28 times more than then the next closest race/ethnicity group, white (39 degrees).

In 2020 the default rate for borrower's at Institute for Business and Technology was 0%, corresponding to 0 out of the 897 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $24,608.

In 2023, 33% of undergraduate students attending Institute for Business and Technology received financial aid through grants. Comparatively, 34% of undergraduate students received financial aid through loans.

Average Net Price

$24,608

2023 Value

8.97%

1 Year Growth

In 2023 Institute for Business and Technology had an average net price — the price paid after factoring in grants and loans — of $24,608. Between 2022 and 2023, the average net price of Institute for Business and Technology grew by 8.97%.

This chart compares the average net price of Institute for Business and Technology (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.

Financial Aid by Income Level

33%

Undergraduates Receiving Financial Aid through Grants

34%

Undergraduates Receiving Financial Aid through Loans

33% of undergraduate students at Institute for Business and Technology received financial aid through grants or loans in 2023. This represents a decline of 19.5% with respect to 2022, when 41% of undergraduate students received financial aid.

This chart compares the average award discount at Institute for Business and Technology (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Institute for Business and Technology was 0%, which represents 0 out of the 897 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.

Enrollment

Institute for Business and Technology had a total enrollment of 609 students in 2023. The full-time enrollment at Institute for Business and Technology is 609 students and the part-time enrollment is 0. This means that 100% of students enrolled at Institute for Business and Technology are enrolled full-time.

The enrolled student population at Institute for Business and Technology, both undergraduate and graduate, is 67.5% Hispanic or Latino, 11% White, 7.72% Asian, 4.6% Black or African American, 0.821% Native Hawaiian or Other Pacific Islanders, and 0.657% Two or More Races.

Students enrolled at Institute for Business and Technology in full-time Undergraduate programs are most commonly Hispanic or Latino Male (56.3%), followed by Hispanic or Latino Female (12.3%) and White Male (7.85%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Institute for Business and Technology in 2023, both undergraduate and graduate, is 609 students. The full-time enrollment at Institute for Business and Technology is 609 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Institute for Business and Technology (in red) compares to similar universities.

Retention Rate over Time

88%

2023 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 Institute for Business and Technology was 88%.

This chart shows the retention rate over time at Institute for Business and Technology (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Hispanic or Latino
411 enrolled students
White
67 enrolled students
Asian
47 enrolled students

The enrolled student population at Institute for Business and Technology is 67.5% Hispanic or Latino, 11% White, 7.72% Asian, 4.6% Black or African American, 0.821% Native Hawaiian or Other Pacific Islanders, and 0.657% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 285 fewer women than men received degrees from Institute for Business and Technology. The most common race/ethnicity group of degree recipients at Institute for Business and Technology is hispanic or latino (323 degrees awarded). There were 8.28 times more hispanic or latino recipients than the next closest race/ethnicity group, white (39 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Institute for Business and Technology is Electrician (242 degrees awarded), followed by HVAC Maintenance (142 degrees) and Medical Office Assistant (48 degrees).

In 2023, the most specialized majors across all degree types at Institute for Business and Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (242 degrees awarded), Mechanical Technologies (142 degrees), and Health (89 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 Institute for Business and Technology are Registered nurses (1,461,605 people), Software developers (588,117 people), Other managers (179,203 people), Medical & health services managers (161,242 people), and Nurse practitioners & nurse midwives (152,858 people).

The most specialized majors at Institute for Business and Technology in 2023 are Construction (242 degrees awarded), Mechanical Technologies (142 degrees), Health (89 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2023).

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 Institute for Business and Technology are Surgeons, Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, and Chief executives & legislators

The most specialized majors at Institute for Business and Technology are Construction (242 degrees awarded), Mechanical Technologies (142 degrees), Health (89 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2023).

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 Institute for Business and Technology are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,537,182 people), Computer Systems Design (573,372 people), Elementary & secondary schools (276,443 people), Outpatient care centers (248,944 people), and Offices of physicians (213,174 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Institute for Business and Technology.

Most Common (2023)

Electrician
242 degrees awarded
HVAC Maintenance
142 degrees awarded
Medical Office Assistant
48 degrees awarded

In 2023, the most common N/A concentration at Institute for Business and Technology was Electrician with 242 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Institute for Business and Technology according to their major.

Sex Breakdown for Common Majors

379

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 379 degrees were awarded to men at Institute for Business and Technology, which is 4.03 times more than the number of degrees awarded to females (94).

This chart displays the sex disparity between the top 5 majors at Institute for Business and Technology by degrees awarded.

Most Common Male Majors

In 2023, 235 degrees were awarded to men at Institute for Business and Technology in Electrician, which is 33.6 times more than the 7 female recipients with that same degree.

Most Common Female Majors

In 2023, 45 degrees were awarded to men at Institute for Business and Technology in Medical Office Assistant, which is 15 times more than the 3 male recipients with that same degree.

Time to Complete

58%

100% Completion Time

77%

150% Completion Time

In 2023, 58% of students graduating from Institute for Business and Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 79% within 200%.

The following chart shows these completion rates over time compared to the average for the 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Institute for Business and Technology is Female and Two or More Races (100% graduation rate). Across all , Non-resident Alien Male students have the highest graduation rate (65.7%).

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 (2023)

Hispanic or Latino
323 degrees awarded
White
39 degrees awarded
Asian
33 degrees awarded

The most common race/ethnicity at Institute for Business and Technology is hispanic or latino (323 degrees awarded). There were 8.28 times more hispanic or latino recipients than the next closest race/ethnicity group, white (39 degrees).

11.4% of degree recipients (54 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Hispanic or Latino Male
265 degrees awarded
Hispanic or Latino Female
58 degrees awarded
White Male
27 degrees awarded

The most common race/ethnicity and sex grouping at Institute for Business and Technology is hispanic or latino male (265 degrees awarded). There were 4.57 times more hispanic or latino male recipients than the next closest race/ethnicity group, hispanic or latino female (58 degrees).

Operations

Institute for Business and Technology employs 10 No academic ranks. Most academics at Institute for Business and Technology are Male No academic rank (8), and Female No academic rank (2).

The most common positions for non-instructional staff at Institute for Business and Technology are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 11 employees, Management, with 5 employees, and Office and Administrative Support with 2 employees.

Salary Expenditure

$3.09M

2023 Salaries

20.9%

growth from 2022

In 2023, Institute for Business and Technology paid a median of $3.09M in salaries, a 20.9% growth from the previous year. This is compared to a 1.43% growth between 2021 and 2022, and a 2.14% decline between 2020 and 2021.

The median for similar is 668k (13.2% of overall expenditures).

Instructional Salaries

$705k

Instructional Salaries

Number of Employees

In 2023, Institute for Business and Technology paid a total of $705k to 10 employees working as instructors, which represents 22.8% of all salaries paid.

This is compared to a median of $160k (22.2%) for similar Unknown.

Occupations by Share

No academic rank

Most Common Instructor

10 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

11 Employees

In 2023, the most common positions for instructional staff at Institute for Business and Technology was No academic rank with 10 employees.

In 2023, the most common positions for non-instructional staff at Institute for Business and Technology were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 11 employees, Management with 5 employees, and Office and Administrative Support with 2 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male No academic rank
Female No academic rank

In 2023, the most common demographic for instructional staff at Institute for Business and Technology was Male No academic rank with 8 employees, and Female No academic rank with 2 employees.

This chart shows the sex split between each academic rank present at Institute for Business and Technology.

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