Long Island Business Institute

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    2023 Undergraduate Tuition
    $9,800
    5.38% growth from 2022
    2023 Average Net Price
    $11,336
    After Financial Aid
    2023 Acceptance Rate
    73.2%
    355 Applicants
    2023 Enrolled Students
    367
    94% Full-Time
    2023 Graduation Rate
    21.5%
    71 Graduates

    About

    Long Island Business Institute is a higher education institution located in Queens County, NY. In 2023, the most popular Associates Degree concentrations at Long Island Business Institute were Business, Office Automation, Technology, & Data Entry (88 degrees awarded), Accounting (46 degrees), and General Business Administration & Management (42 degrees).

    In 2023, 196 degrees were awarded across all undergraduate and graduate programs at Long Island Business Institute. 86.7% of these degrees were awarded to women, and 13.3% awarded men. The most common race/ethnicity group of degree recipients was asian (113 degrees), 2.05 times more than then the next closest race/ethnicity group, hispanic or latino (55 degrees).

    The median undergraduate tuition at Long Island Business Institute is $9,800, which is $−5,097 less than the national average for Special Focus Institutions ($14,897).

    Special Focus Two-Year: Other FieldsSpecial Focus Institutions

    Costs

    In 2023, the median undergraduate tuition at Long Island Business Institute is $9,800.

    After taking grants and loans into account, the average net price for students is $11,336.

    In 2023, 89% of undergraduate students attending Long Island Business Institute received financial aid through grants. Comparatively, 4% of undergraduate students received financial aid through loans.

    Tuition Costs

    $9,800
    2023 Undergraduate Tuition

    In 2023, the cost of tuition at Long Island Business Institute was $9,800.

    This chart compares the tuition costs of Long Island Business Institute (in red) with those of other similar universities.

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    Average Net Price

    $11,336
    2023 Value
    1.84%
    1 Year Growth

    In 2023 Long Island Business Institute had an average net price — the price paid after factoring in grants and loans — of $11,336. Between 2022 and 2023, the average net price of Long Island Business Institute grew by 1.84%.

    This chart compares the average net price of Long Island Business Institute (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

    89%
    Undergraduates Receiving Financial Aid through Grants
    4%
    Undergraduates Receiving Financial Aid through Loans

    89% of undergraduate students at Long Island Business Institute received financial aid through grants or loans in 2023. This represents a decline of 1.11% with respect to 2022, when 90% of undergraduate students received financial aid.

    This chart compares the average award discount at Long Island Business Institute (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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    Admissions

    Long Island Business Institute received 355 undergraduate applications in 2023, which represents a 31.1% annual growth. Out of those 355 applicants, 260 students were accepted for enrollment, representing a 73.2% acceptance rate.

    There were 367 students enrolled at Long Island Business Institute in 2023.

    Long Island Business Institute has an overall enrollment yield of 48.1%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    73.2%
    Acceptance Rate in 2023
    260
    Accepted Out of 355

    In 2023, the undergraduate acceptance rate of Long Island Business Institute was 73.2% (260 admissions from 355 applications). This is lower than the acceptance rate of 2022, which was 85%. Between 2022 and 2023, the number of applicants declined by 31.1%, while admissions declined by 40.6%.

    This chart compares the acceptance rate of Long Island Business Institute (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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    Enrollment

    Long Island Business Institute had a total enrollment of 367 students in 2023. The full-time enrollment at Long Island Business Institute is 345 students and the part-time enrollment is 22. This means that 94% of students enrolled at Long Island Business Institute are enrolled full-time.

    The enrolled student population at Long Island Business Institute, both undergraduate and graduate, is 50.1% Hispanic or Latino, 35.1% Asian, 12% Black or African American, 1.63% Two or More Races, and 0.272% White.

    Students enrolled at Long Island Business Institute in full-time Undergraduate programs are most commonly Hispanic or Latino Female (36.7%), followed by Asian Female (33.8%) and Asian Male (9.97%).

    Full-Time vs Part-Time Enrollment

    94%
    Full-Time Enrollment

    The total enrollment at Long Island Business Institute in 2023, both undergraduate and graduate, is 367 students. The full-time enrollment at Long Island Business Institute is 345 and the part-time enrollment is 22. This means that 94% of students enrolled at Long Island Business Institute are enrolled full-time compared with 74.1% at similar Special Focus Institutions.

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

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    Retention Rate over Time

    16%
    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 Long Island Business Institute was 16%. Compared with the full-time retention rate at similar Special Focus Institutions (76%), Long Island Business Institute had a retention rate lower than its peers.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2023)
    1. Hispanic or Latino
      184 enrolled students
    2. Asian
      129 enrolled students
    3. Black or African American
      44 enrolled students

    The enrolled student population at Long Island Business Institute is 50.1% Hispanic or Latino, 35.1% Asian, 12% Black or African American, 1.63% Two or More Races, and 0.272% White. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 39.9% White, 19.4% Hispanic or Latino, and 17% Black or African American.

    Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

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    Graduates

    In 2023, 144 more women than men received degrees from Long Island Business Institute. The most common race/ethnicity group of degree recipients at Long Island Business Institute is asian (113 degrees awarded). There were 2.05 times more asian recipients than the next closest race/ethnicity group, hispanic or latino (55 degrees).

    The most common Associates Degree concentration at Long Island Business Institute is Business, Office Automation, Technology, & Data Entry (88 degrees awarded), followed by Accounting (46 degrees) and General Business Administration & Management (42 degrees).

    In 2023,  the most specialized majors across all degree types at Long Island Business Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (185 degrees awarded), Legal (5 degrees), and Protective Services (6 degrees).

    Common Jobs by Major

    Accountants & auditors
    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Long Island Business Institute are Accountants & auditors (1,006,484 people), Other managers (751,047 people), Financial managers (521,629 people), Chief executives & legislators (394,112 people), and Human resources workers (254,168 people).

    The most specialized majors at Long Island Business Institute in 2023 are Business (185 degrees awarded), Legal (5 degrees), and Protective Services (6 degrees) (as of 2023).

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    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 Long Island Business Institute are Surgeons, Physicians, Photographic process workers & processing machine operators, Nuclear medicine technologists and medical dosimetrists, and Nurse anesthetists

    The most specialized majors at Long Island Business Institute are Business (185 degrees awarded), Legal (5 degrees), and Protective Services (6 degrees) (as of 2023).

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    Common Industries by Major

    Computer Systems Design
    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Long Island Business Institute are Computer Systems Design (559,744 people), Elementary & secondary schools (538,113 people), Justice, public order, & safety activities (478,025 people), Banking & related activities (450,928 people), and Securities, commodities, funds, trusts & other financial investments (431,696 people).

    The most specialized majors at Long Island Business Institute are Business (185 degrees awarded), Legal (5 degrees), and Protective Services (6 degrees) (as of 2023).

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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 Long Island Business Institute.
    Most Common (2023)
    1. Business, Office Automation, Technology, & Data Entry
      88 degrees awarded
    2. Accounting
      46 degrees awarded
    3. General Business Administration & Management
      42 degrees awarded

    In 2023, the most common associates degree concentration at Long Island Business Institute was Business, Office Automation, Technology, & Data Entry with 88 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Long Island Business Institute according to their major.

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    Sex Breakdown for Common Majors

    26
    Degrees Awarded to Men
    in 2023
    170
    Degrees Awarded to Women
    in 2023

    In 2023, 26 degrees were awarded to men at Long Island Business Institute, which is 0.153 times less than the number of degrees awarded to females (170).

    This chart displays the sex disparity between the top 5 majors at Long Island Business Institute by degrees awarded.

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    Most Common Male Majors

    In 2023, 10 degrees were awarded to men at Long Island Business Institute in General Business Administration & Management, which is 0.313 times less than the 32 female recipients with that same degree.

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    Most Common Female Majors

    In 2023, 81 degrees were awarded to men at Long Island Business Institute in Business, Office Automation, Technology, & Data Entry, which is 11.6 times more than the 7 male recipients with that same degree.

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    Time to Complete

    20%
    100% Completion Time
    23%
    150% Completion Time

    In 2023, 20% of students graduating from Long Island Business Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 23% completed their degrees within 150% of the normal time, and 23% within 200%.

    The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2023)
    1. Asian
      113 degrees awarded
    2. Hispanic or Latino
      55 degrees awarded
    3. Black or African American
      16 degrees awarded

    The most common race/ethnicity at Long Island Business Institute is asian (113 degrees awarded). There were 2.05 times more asian recipients than the next closest race/ethnicity group, hispanic or latino (55 degrees).

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2023)
    1. Asian Female
      168 degrees awarded
    2. Asian Female
      123 degrees awarded
    3. Asian Female
      114 degrees awarded

    The most common race/ethnicity and sex grouping at Long Island Business Institute is asian female (168 degrees awarded). There were 1.37 times more asian female recipients than the next closest race/ethnicity group, asian female (123 degrees).

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    Operations

    In 2023, Long Island Business Institute had a total salary expenditure of 12.6M. Long Island Business Institute employs 11 Instructors. Most academics at Long Island Business Institute are Female Instructor (7), and Male Instructor (4).

    The most common positions for non-instructional staff at Long Island Business Institute are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 11 employees, Management, with 8 employees, and Computer, Engineering, and Science with 3 employees.

    Salary Expenditure

    $4.52M
    2023 Salaries
    2.24%
    decline from 2022

    In 2023, Long Island Business Institute paid a median of $4.52M in salaries, which represents 35.9% of their overall expenditure ($12.6M) and a 2.24% decline from the previous year. This is compared to a 0.491% growth between 2021 and 2022, and a 11% decline between 2020 and 2021.

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    Instructional Salaries

    $587k
    Instructional Salaries
    11
    Number of Employees

    In 2023, Long Island Business Institute paid a total of $587k to 11 employees working as instructors, which represents 13% of all salaries paid.

    This is compared to a median of $213k (6.38%) for similar Special Focus Institutions.

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    Occupations by Share

    In 2023, the most common positions for non-instructional staff at Long Island Business Institute were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 11 employees, Management with 8 employees, and Computer, Engineering, and Science with 3 employees.

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