International Business College-Indianapolis

www.ibcindianapolis.edu

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2023 Undergraduate Tuition

$15,440

1.05% growth from 2022

2023 Average Net Price

$13,351

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

81.8%

154 Applicants

2023 Enrolled Students

145

100% Full-Time

2023 Graduation Rate

69.1%

65 Graduates

About

International Business College-Indianapolis is a higher education institution located in Marion County, IN. In 2023, the most popular Associates Degree concentrations at International Business College-Indianapolis were Veterinary/Animal Health Technology/Technician And Veterinary Assistant (87 degrees awarded), Dental Assisting (10 degrees), and Graphic Design (7 degrees).

In 2023, 116 degrees were awarded across all undergraduate and graduate programs at International Business College-Indianapolis. 88.8% of these degrees were awarded to women, and 11.2% awarded men. The most common race/ethnicity group of degree recipients was white (84 degrees), 7.64 times more than then the next closest race/ethnicity group, hispanic or latino (11 degrees).

The median undergraduate tuition at International Business College-Indianapolis is $15,440, which is $7,187 more than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at International Business College-Indianapolis was 0%, corresponding to 0 out of the 304 total borrowers.

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

Costs

In 2023, the median undergraduate tuition at International Business College-Indianapolis is $15,440, which is $7,187 more than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $13,351.

In 2023, 62% of undergraduate students attending International Business College-Indianapolis received financial aid through grants. Comparatively, 81% of undergraduate students received financial aid through loans.

Tuition Costs

$15,440

2023 Undergraduate Tuition

In 2023, the cost of tuition at International Business College-Indianapolis was $15,440. The cost of tuition at International Business College-Indianapolis is $7,187 more than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$13,351

2023 Value

12%

1 Year Growth

In 2023 International Business College-Indianapolis had an average net price — the price paid after factoring in grants and loans — of $13,351. Between 2022 and 2023, the average net price of International Business College-Indianapolis grew by 12%.

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

$6,660

Room and Board

$1,413

Books and Supplies

The average yearly cost of room and board at International Business College-Indianapolis was of $6,660 in 2023. The cost of room and board decreased by 9.51% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,413. The cost of books and supplies decreased by 15% 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

62%

Undergraduates Receiving Financial Aid through Grants

81%

Undergraduates Receiving Financial Aid through Loans

62% of undergraduate students at International Business College-Indianapolis received financial aid through grants or loans in 2023. This represents a decline of 19.5% with respect to 2022, when 77% 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at International Business College-Indianapolis was 0%, which represents 0 out of the 304 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 154 undergraduate applications in 2023, which represents a 28.7% annual growth. Out of those 154 applicants, 126 students were accepted for enrollment, representing a 81.8% acceptance rate.

There were 145 students enrolled at International Business College-Indianapolis in 2023.

International Business College-Indianapolis has an overall enrollment yield of 24.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81.8%

Acceptance Rate in 2023

126

Accepted Out of 154

In 2023, the undergraduate acceptance rate of International Business College-Indianapolis was 81.8% (126 admissions from 154 applications). This is higher than the acceptance rate of 2022, which was 71.8%. Between 2022 and 2023, the number of applicants declined by 28.7%, while admissions declined by 18.7%.

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.

SAT Scores

N/A% of enrolled first-time students at International Business College-Indianapolis in false submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

International Business College-Indianapolis had a total enrollment of 145 students in 2023. The full-time enrollment at International Business College-Indianapolis is 145 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 73.8% White, 8.97% Two or More Races, 7.59% Hispanic or Latino, 3.45% Black or African American, 2.07% Asian, and 0.69% American Indian or Alaska Native.

Students enrolled at International Business College-Indianapolis in full-time Undergraduate programs are most commonly White Female (67.6%), followed by Two or More Races Female (7.69%) and Hispanic or Latino Female (7.37%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at International Business College-Indianapolis in 2023, both undergraduate and graduate, is 145 students. The full-time enrollment at International Business College-Indianapolis is 145 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 32.3% 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

66%

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 International Business College-Indianapolis was 66%. Compared with the full-time retention rate at similar Associates Colleges (64%), 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 (2023)

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

The enrolled student population at International Business College-Indianapolis is 73.8% White, 8.97% Two or More Races, 7.59% Hispanic or Latino, 3.45% Black or African American, 2.07% Asian, and 0.69% 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 41.7% White, 28.7% Hispanic or Latino, and 12.6% Black or African American.

Graduates

In 2023, 90 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 (84 degrees awarded). There were 7.64 times more white recipients than the next closest race/ethnicity group, hispanic or latino (11 degrees).

The most common Associates Degree concentration at International Business College-Indianapolis is Veterinary/Animal Health Technology/Technician And Veterinary Assistant (87 degrees awarded), followed by Dental Assisting (10 degrees) and Graphic Design (7 degrees).

In 2023, 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 Agriculture (87 degrees awarded), Legal (5 degrees), and Visual & Performing Arts (7 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 (1,485,365 people), Software developers (621,816 people), Other managers (279,277 people), Medical & health services managers (171,940 people), and Elementary & middle school teachers (155,913 people).

The most specialized majors at International Business College-Indianapolis in 2023 are Agriculture (87 degrees awarded), Legal (5 degrees), Visual & Performing Arts (7 degrees), Health (12 degrees), and Computer and Information Sciences and Support Services (3 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 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 Agriculture (87 degrees awarded), Legal (5 degrees), Visual & Performing Arts (7 degrees), Health (12 degrees), and Computer and Information Sciences and Support Services (3 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 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 (2023)

Veterinary/Animal Health Technology/Technician And Veterinary Assistant
87 degrees awarded
Dental Assisting
10 degrees awarded
Graphic Design
7 degrees awarded

In 2023, the most common associates degree concentration at International Business College-Indianapolis was Veterinary/Animal Health Technology/Technician And Veterinary Assistant with 87 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 2023

103

Degrees Awarded to Women

in 2023

In 2023, 13 degrees were awarded to men at International Business College-Indianapolis, which is 0.126 times less than the number of degrees awarded to females (103).

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

Most Common Male Majors

In 2023, 6 degrees were awarded to men at International Business College-Indianapolis in Veterinary/Animal Health Technology/Technician And Veterinary Assistant, which is 0.0741 times less than the 81 female recipients with that same degree.

Most Common Female Majors

In 2023, 81 degrees were awarded to men at International Business College-Indianapolis in Veterinary/Animal Health Technology/Technician And Veterinary Assistant, which is 13.5 times more than the 6 male recipients with that same degree.

Time to Complete

64%

100% Completion Time

71%

150% Completion Time

In 2023, 64% 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, 71% completed their degrees within 150% of the normal time, and 71% 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at International Business College-Indianapolis is Female and Asian (100% graduation rate). Across all Associates Colleges, 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)

White
84 degrees awarded
Hispanic or Latino
11 degrees awarded
Black or African American
8 degrees awarded

The most common race/ethnicity at International Business College-Indianapolis is white (84 degrees awarded). There were 7.64 times more white recipients than the next closest race/ethnicity group, hispanic or latino (11 degrees).

5.17% of degree recipients (6 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
74 degrees awarded
White Male
10 degrees awarded
Hispanic or Latino Female
9 degrees awarded

The most common race/ethnicity and sex grouping at International Business College-Indianapolis is white female (74 degrees awarded). There were 7.4 times more white female recipients than the next closest race/ethnicity group, white male (10 degrees).

Operations

International Business College-Indianapolis employs 8 Instructors. Most academics at International Business College-Indianapolis are Female Instructor (8), and Male Instructor (0).

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 3 employees, and Business and Financial Operations with 2 employees.

Salary Expenditure

$1.87M

2023 Salaries

6.85%

decline from 2022

In 2023, International Business College-Indianapolis paid a median of $1.87M in salaries, a 6.85% decline from the previous year. This is compared to a 11% decline between 2021 and 2022, and a 18.3% decline between 2020 and 2021.

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

Instructional Salaries

$523k

Instructional Salaries

Number of Employees

In 2023, International Business College-Indianapolis paid a total of $523k to 8 employees working as instructors, which represents 28% of all salaries paid.

This is compared to a median of $731k (4.21%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

8 Employees

Sales and related

Most Common Non-Instructional Employee

4 Employees

In 2023, the most common positions for instructional staff at International Business College-Indianapolis was Instructor with 8 employees.

In 2023, 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 3 employees, and Business and Financial Operations with 2 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Instructor
Male Instructor

In 2023, the most common demographic for instructional staff at International Business College-Indianapolis was Female Instructor with 8 employees, and Male Instructor with 0 employees.

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

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