Institute of Medical Careers

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2020 Average Net Price
$11,345
After Financial Aid
2018 Student Loan
6.67%
Default Rate
2020 Enrolled Students
614
100% Full-Time
2020 Graduation Rate
94.7%
142 Graduates

About

Institute of Medical Careers is a higher education institution located in Allegheny County, PA. In N/A, the most popular Bachelor's Degree concentrations at Institute of Medical Careers were N/A.

In 2020, 260 degrees were awarded across all undergraduate and graduate programs at Institute of Medical Careers. 94.2% of these degrees were awarded to women, and 5.77% awarded men. The most common race/ethnicity group of degree recipients was white (146 degrees), 1.57 times more than then the next closest race/ethnicity group, black or african american (93 degrees).

The median undergraduate tuition at Institute of Medical Careers is $0, which is $−11,562 less than the national average for ($11,563).

dollarCosts

The median undergraduate tuition at Institute of Medical Careers is $0, which is $−11,562 less than the national average for ($11,563).

After taking grants and loans into account, the average net price for students is $11,345.

In 2020, 84% of undergraduate students attending Institute of Medical Careers received financial aid through grants. Comparatively, 84% of undergraduate students received financial aid through loans.

Average Net Price

$11,345
2020 Value
42.7%
1 Year Growth

In 2020 Institute of Medical Careers had an average net price — the price paid after factoring in grants and loans — of $11,345. Between 2019 and 2020, the average net price of Institute of Medical Careers grew by 42.7%.

This chart compares the average net price of Institute of Medical Careers (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.

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Financial Aid by Income Level

84%
Undergraduates Receiving Financial Aid through Grants
84%
Undergraduates Receiving Financial Aid through Loans

84% of undergraduate students at Institute of Medical Careers received financial aid through grants or loans in 2020. This represents a growth of 3.7% with respect to 2019, when 81% of undergraduate students received financial aid.

This chart compares the average award discount at Institute of Medical Careers (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.

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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.
6.67%
2018 Default Rate
8
Number of Defaults

In 2018 the default rate for borrower's at Institute of Medical Careers was 6.67%, which represents 8 out of the 120 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.

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bookEnrollment

Institute of Medical Careers has a total enrollment of 614 students. The full-time enrollment at Institute of Medical Careers is 614 students and the part-time enrollment is 0. This means that 100% of students enrolled at Institute of Medical Careers are enrolled full-time.

The enrolled student population at Institute of Medical Careers, both undergraduate and graduate, is 57.3% White, 38.1% Black or African American, 2.77% Hispanic or Latino, 1.79% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Institute of Medical Careers in full-time Undergraduate programs are most commonly White Female (52%), followed by Black or African American Female (35.8%) and White Male (5.37%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Institute of Medical Careers, both undergraduate and graduate, is 614 students. The full-time enrollment at Institute of Medical Careers is 614 and the part-time enrollment is 0. This means that 100% of students enrolled at Institute of Medical Careers are enrolled full-time compared with 66.2% at similar .

This chart shows the full-time vs part-time enrollment status at Institute of Medical Careers (in red) compares to similar universities.

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Retention Rate over Time

90%
2020 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 of Medical Careers was 90%. Compared with the full-time retention rate at similar (78%), Institute of Medical Careers had a retention rate higher than its peers.

This chart shows the retention rate over time at Institute of Medical Careers (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    352
  2. Black or African American
    234
  3. Hispanic or Latino
    17

The enrolled student population at Institute of Medical Careers is 57.3% White, 38.1% Black or African American, 2.77% Hispanic or Latino, 1.79% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% 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 is 37.7% White, 24.8% Hispanic or Latino, and 18.6% Black or African American.

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learningGraduates

In 2020, 230 more women than men received degrees from Institute of Medical Careers. The most common race/ethnicity group of degree recipients at Institute of Medical Careers is white (146 degrees awarded). There were 1.57 times more white graduates than the next closest race/ethnicity group, black or african american (93 degrees).

The most common Bachelor's Degree concentration at Institute of Medical Careers is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Institute of Medical Careers, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (231 degrees awarded), Precision Production (2 degrees), and Business (12 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Institute of Medical Careers are Registered nurses (1,362,047 people), Accountants & auditors (1,028,949 people), Other managers (638,779 people), Financial managers (439,237 people), and Chief executives & legislators (339,055 people).

The most specialized majors at Institute of Medical Careers are Health (231 degrees awarded), Precision Production (2 degrees), and Business (12 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Institute of Medical Careers are Surgeons, Physicians, Magnetic resonance imaging technologists, Chief executives & legislators, and Dentists

The most specialized majors at Institute of Medical Careers are Health (231 degrees awarded), Precision Production (2 degrees), and Business (12 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Institute of Medical Careers are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,687,945 people), Elementary & secondary schools (598,144 people), Banking & related activities (463,559 people), Insurance carriers (436,744 people), and Computer Systems Design (423,178 people).

The most specialized majors at Institute of Medical Careers are Health (231 degrees awarded), Precision Production (2 degrees), and Business (12 degrees).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Institute of Medical Careers.
Most Common
  1. N/A
    N/A degree-majorss awarded
  2. N/A
    N/A degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Institute of Medical Careers was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Institute of Medical Careers according to their major.

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Sex Breakdown for Common Majors

15
Degrees Awarded to Men
in 2020
245
Degrees Awarded to Women
in 2020

In 2020, 15 degrees were awarded to men at Institute of Medical Careers, which is 0.0612 times less than the number of degrees awarded to females (245).

This chart displays the sex disparity between the top 5 majors at Institute of Medical Careers by degrees awarded.

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Most Common Male Majors

In false, 4 degrees were awarded to men at Institute of Medical Careers in Medical Insurance Coding Specialist, which is 0.0571 times less than the 70 female recipients with that same degree.

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Most Common Female Majors

In false, 70 degrees were awarded to women at Institute of Medical Careers in Medical Insurance Coding Specialist, which is 17.5 times more than the 4 male recipients with that same degree.

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Time to Complete

69%
100% Completion Time
69%
150% Completion Time

In 2020, 69% of students graduating from Institute of Medical Careers 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 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Institute of Medical Careers is Male and Hispanic or Latino (100% graduation rate). Across all , Asian Female students have the highest graduation rate (72.4%).

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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    146 degrees awarded
  2. Black or African American
    93 degrees awarded
  3. Hispanic or Latino
    20 degrees awarded

The most common race/ethnicity at Institute of Medical Careers is white (146 degrees awarded). There were 1.57 times more white recipients than the next closest race/ethnicity group, black or african american (93 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    136 degrees awarded
  2. Black or African American Female
    88 degrees awarded
  3. Hispanic or Latino Female
    20 degrees awarded

The most common race/ethnicity and sex grouping at Institute of Medical Careers is white female (136 degrees awarded). There were 1.55 times more white female recipients than the next closest race/ethnicity group, black or african american female (88 degrees).

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briefcaseOperations

Institute of Medical Careers has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $19k (NaNk%), compared to the 0.165% average return ($13.7k on $8.3M) across all .

In 2020, Institute of Medical Careers had a total salary expenditure of $6.29M. Institute of Medical Careers employs 4 Instructors, 0 N/A, and 0 N/A. Most academics at Institute of Medical Careers are Female Instructors (4), Male Instructors(0), and N/A (0).

The most common positions for non-instructional staff at Institute of Medical Careers are: Sales and related, with 11 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 10 employees, and Healthcare Practioners and Technical with 3 employees.

Endowment

0%
growth from 2019

This line chart shows how the endowment at Institute of Medical Careers (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Not applicable, not in Carnegie universe (not accredited or nondegree-granting) Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $0 - State
  3. $0 - Local

As of 2020, Institute of Medical Careers received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Salary Expenditure

$2.55M
2020 Salaries
29.9%
growth from 2019

In 2020, Institute of Medical Careers paid a median of $2.55M in salaries, which represents 40.5% of their overall expenditure ($6.29M) and a 29.9% growth from the previous year. This is compared to a 27.1% growth from 2018 and a 66.6% growth from 2017.

The median for similar is 594k (12.7% of overall expenditures).

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Instructional Salaries

$135k
Instructional Salaries
4
Number of Employees

In 2020, Institute of Medical Careers paid a total of $135k to 4 employees working as instructors, which represents 5.28% of all salaries paid.

This is compared to a median of $333k (56%) for similar Unknown.

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Occupations by Share

Instructor
Most Common Instructor
4 Employees
Sales and related
Most Common Non-Instructional Employee
11 Employees

In 2020, the most common positions for instructional staff at Institute of Medical Careers were Instructor with 4 employees; false with 0 employees; and false with 0 employees.

In 2020, the most common positions for non-instructional staff at Institute of Medical Careers were Sales and related with 11 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 10 employees; and Healthcare Practioners and Technical with 3 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Instructor
  2. Male Instructor

In 2020, the most common demographic for instructional staff at Institute of Medical Careers was Female Instructor with 4 employees, and Male Instructor with 0 employees.

This chart shows the sex split between each academic rank present at Institute of Medical Careers.

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