Introduction to the IBEAR MBA Program
The International Business Education and Research (IBEAR) MBA, also known as the One-Year MBA, is a distinguished, accelerated, full-time program tailored for mid-career professionals. This international program is designed to provide an in-depth understanding of the complexities of global business environments. The IBEAR MBA offers a rigorous and immersive experience that includes a comprehensive four-month consulting project, enabling participants to collaborate closely with peers, faculty, and clients to address and solve real-world business challenges.
Demographics of the IBEAR MBA Program
The IBEAR MBA program has a diverse and inclusive cohort, with a class size of 199 students. Historically underrepresented students of color make up 20% of the class, reflecting the program’s commitment to diversity. International students represent 41% of the cohort, underscoring the global nature of the program. Women constitute 35% of the class, and 9% of students self-identify as LGBTQ+. Additionally, 12% of the domestic students come from a U.S. military background, adding to the varied experiences and perspectives within the program.
Cost Breakdown for the IBEAR MBA Program
The total estimated cost for the first year of the IBEAR MBA program for the 2024-2025 academic year is $122,922. This includes tuition fees of $79,893, along with additional fees such as USC Central Services and Health Fees at $1,636, MBA Program Fees at $1,350, and a PRIME Fee of $3,850. Books and supplies are projected to cost $2,376, while total living expenses amount to $29,140. Student health insurance adds another $3,040 to the overall cost. For domestic students, there are also loan fees totaling $1,637. This comprehensive cost covers all necessary components of the program, ensuring a thorough preparation for participants in their pursuit of an advanced business education..
Education & Employment Statistics for the IBEAR MBA Program
The IBEAR MBA program typically admits candidates with strong academic and professional backgrounds. The average GMAT score for admitted students is 722, with the middle 80% of scores ranging between 681 and 760. For those submitting GRE scores, the average scores are 160 in Verbal and 163 in Quantitative, with the middle 80% falling between 135-166 in Verbal and 155-170 in Quantitative. The average undergraduate GPA of admitted students is 3.5, and the middle 80% of GPAs range from 3.09 to 3.87. Candidates usually have an average of 5.5 years of work experience, with an average age of 29 years.
Compensation by Function for Full-Time MBA Hires
For full-time MBA graduates, compensation varies significantly by function:
Marketing/Sales: The average base salary for MBA hires in marketing and sales is $133,208, with a range between $92,000 and $165,000.
Finance: MBA graduates entering finance roles can expect an average base salary of $153,188, with salaries ranging from $90,000 to $205,000.
Consulting: The average base salary for those in consulting positions is $169,211, with a range from $130,000 to $205,000.
The IBEAR MBA program offers a rigorous and immersive educational experience tailored for mid-career professionals aiming to advance their careers in the global business landscape. With a diverse and international cohort, the program prepares participants to tackle complex business challenges and succeed in a dynamic global economy. The comprehensive cost of $122,922 includes tuition, fees, and living expenses, ensuring a well-rounded educational journey.
Admissions to the IBEAR MBA require a competitive academic and professional profile, reflected in the average GMAT and GRE scores of successful candidates. The program supports a diverse student body, including significant representation from historically underrepresented groups, international students, and a variety of personal backgrounds.
Graduates of the IBEAR MBA program benefit from strong earning potential across various functions, with consulting roles offering the highest average base salaries, followed by finance and marketing/sales. This compensation underscores the value of the advanced skills and global insights gained through the program.
Avdhesh Singh
Work Experience: 11.5 years Companies: C & C Constructions Ltd, India
Avdhesh, an accomplished civil engineer with a diverse professional background, recently secured admission into the prestigious IBEAR MBA program. With a GRE score of 331, Avdhesh’s academic achievements are complemented by a B.Tech in Civil Engineering from NIT Kurukshetra, where he graduated with a CGPA of 7.548/10. Despite a challenging academic history, including a two-year gap due to family responsibilities, Avdhesh’s extensive work experience and personal growth have shaped his successful MBA application.
Strengths
Avdhesh’s professional journey spans over 11.5 years, during which he has held significant roles at Nesma & Partners Contracting Company in Saudi Arabia, Pratibha Industries Ltd in India, and C & C Constructions Ltd. His experience includes leading teams, managing high-value projects, and implementing cost-saving strategies. Avdhesh’s ability to negotiate effectively and manage risk has been evident in his impressive achievements, including securing projects worth $600 million and saving substantial costs through strategic vendor management and contract negotiations.
Challenges and Personal Circumstances
The dual responsibilities of supporting his family financially and emotionally, while managing his studies, resulted in lower academic performance, which posed a challenge, especially given the competitive nature of MBA admissions. However, Avdhesh’s professional achievements and personal growth played a crucial role in mitigating the impact of his academic performance.
Avdhesh’s personal experiences have also shaped his journey. Growing up in a village where gender discrimination was prevalent, he witnessed the disparity in educational opportunities between boys and girls. This early exposure to gender bias motivated him to work with NGOs advocating for girl child education. His commitment to addressing gender discrimination and promoting women’s education has been a driving force in his personal and professional life.
Application Challenges and GyanOne’s Approach
As a re-applicant, Avdhesh faced the added pressure of demonstrating significant improvement and growth from his previous application. Addressing these challenges required a strategic approach. GyanOne played a pivotal role in this process by helping Avdesh craft a compelling narrative that highlighted his professional achievements, leadership roles, and commitment to social causes. This narrative was instrumental in showcasing his strengths and potential, effectively addressing any concerns from previous applications.
GyanOne’s guidance extended to essay writing and interview preparation, ensuring that Avdhesh’s application presented a cohesive and impactful story. By focusing on his significant accomplishments and personal growth, GyanOne helped Avdhesh address his academic gaps and present a well-rounded application.
Through GyanOne’s expert support, Avdhesh successfully navigated the complexities of his application, leading to his admission into the IBEAR MBA program. His journey is a testament to resilience, personal growth, and the impact of strategic application support in overcoming challenges and achieving success.
Manohar Burra
Work Experience: 18 years Companies: Bharat Petroleum Corporation Limited
With a GMAT score of 740 and a B.Tech in Mechanical Engineering from the National Institute of Technology, Warangal, Manohar has built an impressive career over 18 years in the Oil & Gas industry.
At Bharat Petroleum Corporation Limited, where he has served as a Senior Project Manager since July 2004, Manohar has demonstrated remarkable expertise in project management. His role has encompassed completing eight major projects from concept to commissioning, including onshore, offshore, on-water, and subsea projects across ten states in India. His ability to deliver these projects without time or cost overruns is a testament to his comprehensive and meticulous approach to project management. In recognition of his exceptional performance, he received the Best Project Manager award for the year 2018-19 from the Chairman and Managing Director.
Despite his impressive achievements, Manohar Burra faced notable challenges in his MBA application journey. His role, while highly specialized, was deeply rooted in technical project management within a single industry. Demonstrating how this experience translated into broader business acumen and leadership potential required careful framing.
Looking ahead, Manohar aims to leverage his MBA to transition into a strategy and consulting role within the energy sector, focusing on sustainable and profitable energy initiatives. His short-term goal is to work with a global organization that offers extensive exposure and opportunities in the energy sector. His long-term aspiration is to attain a C-suite position, where he can lead a global organization and influence the strategic direction of the energy industry.
GyanOne played a crucial role in guiding Manohar through his MBA application process, helping him showcase his unique strengths and achievements. Their expertise and personalized support were instrumental in securing his place in a top-tier MBA program, setting the stage for his future career success.
Iti Archana
Experience: 11 years Companies: NTPC Ltd
Iti Archana holds a B.Com (Hons) degree from the School of Open Learning, Delhi University, and completed her Chartered Accountancy from the Institute of Chartered Accountants of India in 2012. She has amassed over 11 years of experience in the energy sector, primarily working with NTPC Ltd, where she has held roles ranging from Audit Assistant to Manager of Finance. Her professional journey has been marked by significant achievements, including managing crucial financial projects and navigating complex regulatory environments.
Iti’s journey has been fraught with challenges that have tested her resilience and determination. Professionally, Iti has faced bias and discrimination in a predominantly male-dominated industry. Her efforts to overcome these barriers included addressing issues of exploitation and proving her mettle in an environment that often underestimated her capabilities. Despite these hurdles, Iti’s perseverance has been a defining feature of her career, contributing to her growth and success.
Iti Archana’s acceptance into the IBEAR MBA program is a reflection of her remarkable journey and unwavering resolve. Her ability to overcome personal and professional challenges, combined with her extensive experience in the energy sector, has set her apart as a deserving candidate. With the support of GyanOne, Iti was able to navigate the admissions process successfully, presenting a well-rounded application that resonated with the program’s criteria. Her story is a powerful example of how resilience and determination can pave the way to achieving one’s professional and academic goals.
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