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AIB College of Business

AIB College of Business is college with 1019 students located in Des Moines, IA.

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Overview

Overview

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American Institute of Business (AIB) was founded in Des Moines, Iowa, in 1921. Everett O. Fenton served as president of the college until his retirement in 1957. In 1925, the school was located in the Victoria Hotel. In 1935, the college moved to the downtown Des Moines business district at 10th and Grand where it remained for 37 years. AIB was reorganized as a nonprofit institution in 1941. For more than 20 years, the women's basketball team, which produced 23 All-Americans and toured the United States, Canada and Mexico, was a powerhouse in national competition.

Under the leadership of Keith Fenton, president from 1957 to 1998, the college continued to grow and to develop the campus at Fleur Drive and Bell Avenue. In 1965, a dormitory for 152 female students was built on the campus and dedicated to E. O. Fenton. The administration and classroom building was completed in 1972. In 1977, an addition to Fenton Hall was finished, increasing dormitory capacity to more than 400 students. The west wing was dedicated to Elsie M. Fenton, founder of Alpha Iota sorority. In 1981, a classroom building was constructed and dedicated to Ralph B. Wells, an accounting instructor at AIB for 36 years. In 1983, the college acquired an apartment complex on the southwest corner of the campus. Merk Hall was dedicated in recognition of Merk Realty Company for its financial contributions to AIB; Dalton Hall was dedicated in honor of Darrell and Frances Dalton, Fenton Hall houseparents for 19 years. Two additional buildings adjacent to the original campus were purchased in 1985; these buildings house the Court Reporting and Captioning Center, Academic Center, library, classrooms and offices.

In 1989, six buildings were purchased, enlarging the AIB campus to 16 buildings on 20 acres. One of these buildings was dedicated in honor of Clarence Davidson, AIB instructor for 22 years; one was dedicated to Richard Opie, AIB officer for 21 years; one was dedicated in memory of Arnold Johnson '37 and his wife, Dorothy, for their financial contributions to the scholarship program; and one was dedicated to J. Edward Power, member and chairman of the AIB Board of Trustees for 15 years. In 1998, President Keith Fenton retired after 42 years of service and the administration building was renamed in his honor. In 1999, Nancy Williams became the third president of the college.

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Student Life

Student Life

Student Body

Total Undergraduates 1,019
Gender 44% Male / 56% Female
Enrollment Breakdown 72% Full Time / 28% Part Time
Geography 89% In State / 11% Out of State / 2% International
Socio-Economic Diversity 44% of students received Pell Grants, which are provided by the U.S. government to students from middle and lower income families. It gives you an idea of a school’s socio-economic diversity.
Ethnic Diversity
Percentage
White 71%
Native Hawaiian or Other Pacific Islander 0%
Multi-racial 3%
International 2%
Hispanic/Latino 4%
Ethnicity Unknown 13%
Black or African American 4%
Asian 3%
American Indian or Alaska Native 0%

Housing

Campus housing is available for undergraduates. Housing deposit : $200.00. Housing deposit is refundable in full if student does not enroll.. Freshman allowed to have car. No pets.

36% of students live on-campus.

69% of freshman live on-campus.

10% of female students live in sororities.

  • Apartments for Married Students
  • Apartments for Single Students
  • Coed Dorms
  • Housing Offered
  • Special Housing for Disabled Students
  • Theme Housing

Activities

  • Dance
  • Government or Political Activity
  • International Student Organization
  • Pep Band
  • Sororities

Student Services

  • Academic Support Services: reduced course load remedial instruction study skills assistance tutoring
  • Computer Services: dorms, libraries, student center, computer center dorms wired for access to campus-wide network dorms wired for high speed internet connections wireless network available computer repair service available on campus
  • Counseling Services: career counseling employment services for undergraduates personal counseling placement services for graduates adult (re-entering) student services/programs alcohol/substance abuse counseling financial aid counseling
  • Facilities
  • Special Needs Services: partial services for students with learning disabilities wheelchair accessibility services and/or facilities for hearing impaired services and/or facilities for speech or communications disorders services and/or facilities for visually impaired
  • Specialty Programs (ROTC, Accelerated Programs, Professional Development, etc.): double major dual enrollment of high school students internships independent study
  • Transfer In Services
  • Transfer Out Services

Academics

Academics

Popular Majors

Business Administration and Management (42%), Accounting (17%), Business Administration, Management and Operations, Other (12%), Accounting (6%), Business Administration and Management (6%), Sport and Fitness Administration/Management (3%)

Majors Offered

Associates

An undifferentiated program that includes instruction in the general arts, general science, or unstructured studies.

Job Opportunities:

Postsecondary Teachers, All Other
All postsecondary teachers not listed separately.

Bachelor's

A program that prepares individuals to practice the profession of accounting and to perform related business functions. Includes instruction in accounting principles and theory, financial accounting, managerial accounting, cost accounting, budget control, tax accounting, legal aspects of accounting, auditing, reporting procedures, statement analysis, planning and consulting, business information systems, accounting research methods, professional standards and ethics, and applications to specific for-profit, public, and non-profit organizations.

Job Opportunities:

Accountants and Auditors
Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
Budget Analysts
Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
Credit Analysts
Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.
Financial Examiners
Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.
Tax Examiners and Collectors, and Revenue Agents
Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
Business Teachers, Postsecondary
Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

A program that generally prepares individuals to plan, organize, direct, and control the functions and processes of a firm or organization. Includes instruction in management theory, human resources management and behavior, accounting and other quantitative methods, purchasing and logistics, organization and production, marketing, and business decision-making.

Job Opportunities:

Chief Executives
Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.
General and Operations Managers
Plan, direct, or coordinate the operations of public or private sector organizations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services.
Sales Managers
Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.
Administrative Services Managers
Plan, direct, or coordinate one or more administrative services of an organization, such as records and information management, mail distribution, facilities planning and maintenance, custodial operations, and other office support services.
Industrial Production Managers
Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.
Transportation, Storage, and Distribution Managers
Plan, direct, or coordinate transportation, storage, or distribution activities in accordance with organizational policies and applicable government laws or regulations. Includes logistics managers.
Construction Managers
Plan, direct, or coordinate, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, budgeting, and implementation. Includes managers in specialized construction fields, such as carpentry or plumbing.
Social and Community Service Managers
Plan, direct, or coordinate the activities of a social service program or community outreach organization. Oversee the program or organization's budget and policies regarding participant involvement, program requirements, and benefits. Work may involve directing social workers, counselors, or probation officers.
Managers, All Other
All managers not listed separately.
Cost Estimators
Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
Management Analysts
Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.
Business Teachers, Postsecondary
Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Associates

A program that prepares individuals to practice the profession of accounting and to perform related business functions. Includes instruction in accounting principles and theory, financial accounting, managerial accounting, cost accounting, budget control, tax accounting, legal aspects of accounting, auditing, reporting procedures, statement analysis, planning and consulting, business information systems, accounting research methods, professional standards and ethics, and applications to specific for-profit, public, and non-profit organizations.

Job Opportunities:

Accountants and Auditors
Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
Budget Analysts
Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
Credit Analysts
Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.
Financial Examiners
Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.
Tax Examiners and Collectors, and Revenue Agents
Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
Business Teachers, Postsecondary
Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

An integrated or combined program in accounting and business administration/management that prepares individuals to function as accountants and business managers.

Job Opportunities:

Financial Managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
Accountants and Auditors
Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
Financial Analysts
Conduct quantitative analyses of information affecting investment programs of public or private institutions.

An integrated or combined program in accounting and finance that prepares individuals to function as accountants and financial managers or analysts.

Job Opportunities:

Financial Managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
Accountants and Auditors
Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
Budget Analysts
Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
Financial Analysts
Conduct quantitative analyses of information affecting investment programs of public or private institutions.

A program that generally prepares individuals to perform the duties of administrative assistants and/or secretaries and stenographers. Includes instruction in business communications, principles of business law, word processing and data entry, office machines operation and maintenance, office procedures, public relations, secretarial accounting, filing systems and records management, and report preparation.

Job Opportunities:

Executive Secretaries and Executive Administrative Assistants
Provide high-level administrative support by conducting research, preparing statistical reports, handling information requests, and performing clerical functions such as preparing correspondence, receiving visitors, arranging conference calls, and scheduling meetings. May also train and supervise lower-level clerical staff.
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive
Perform routine clerical and administrative functions such as drafting correspondence, scheduling appointments, organizing and maintaining paper and electronic files, or providing information to callers.

A program that generally prepares individuals to plan, organize, direct, and control the functions and processes of a firm or organization. Includes instruction in management theory, human resources management and behavior, accounting and other quantitative methods, purchasing and logistics, organization and production, marketing, and business decision-making.

Job Opportunities:

Chief Executives
Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.
General and Operations Managers
Plan, direct, or coordinate the operations of public or private sector organizations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services.
Sales Managers
Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.
Administrative Services Managers
Plan, direct, or coordinate one or more administrative services of an organization, such as records and information management, mail distribution, facilities planning and maintenance, custodial operations, and other office support services.
Industrial Production Managers
Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.
Transportation, Storage, and Distribution Managers
Plan, direct, or coordinate transportation, storage, or distribution activities in accordance with organizational policies and applicable government laws or regulations. Includes logistics managers.
Construction Managers
Plan, direct, or coordinate, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, budgeting, and implementation. Includes managers in specialized construction fields, such as carpentry or plumbing.
Social and Community Service Managers
Plan, direct, or coordinate the activities of a social service program or community outreach organization. Oversee the program or organization's budget and policies regarding participant involvement, program requirements, and benefits. Work may involve directing social workers, counselors, or probation officers.
Managers, All Other
All managers not listed separately.
Cost Estimators
Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
Management Analysts
Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.
Business Teachers, Postsecondary
Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Any instructional program in business and administration not listed above.

A program that prepares individuals to manage travel-related enterprises and related convention and/or tour services. Includes instruction in travel agency management, tour arranging and planning, convention and event planning, travel industry operations and procedures, tourism marketing and promotion strategies, travel counseling, travel industry law, international and domestic operations, and travel and tourism policy.

Job Opportunities:

Managers, All Other
All managers not listed separately.
Travel Guides
Plan, organize, and conduct long distance travel, tours, and expeditions for individuals and groups.

Bachelor's

A program that prepares individuals to record and transcribe examinations, testimony, judicial orders and instructions, legal opinions, and other formal proceedings via print or electronic methods. Includes instruction in legal terminology, legal transcription, shorthand, verbatim recording, equipment operation and procedures, applicable regulations, and professional standards and ethics.

Job Opportunities:

Court Reporters
Use verbatim methods and equipment to capture, store, retrieve, and transcribe pretrial and trial proceedings or other information. Includes stenocaptioners who operate computerized stenographic captioning equipment to provide captions of live or prerecorded broadcasts for hearing-impaired viewers.

Associates

A program that prepares individuals to record and transcribe examinations, testimony, judicial orders and instructions, legal opinions, and other formal proceedings via print or electronic methods. Includes instruction in legal terminology, legal transcription, shorthand, verbatim recording, equipment operation and procedures, applicable regulations, and professional standards and ethics.

Job Opportunities:

Court Reporters
Use verbatim methods and equipment to capture, store, retrieve, and transcribe pretrial and trial proceedings or other information. Includes stenocaptioners who operate computerized stenographic captioning equipment to provide captions of live or prerecorded broadcasts for hearing-impaired viewers.

A program that prepares individuals to apply business, coaching and physical education principles to the organization, administration and management of athletic programs and teams, fitness/rehabilitation facilities and health clubs, sport recreation services, and related services. Includes instruction in program planning and development; business and financial management principles; sales, marketing and recruitment; event promotion, scheduling and management; facilities management; public relations; legal aspects of sports; and applicable health and safety standards.

Job Opportunities:

Recreation and Fitness Studies Teachers, Postsecondary
Teach courses pertaining to recreation, leisure, and fitness studies, including exercise physiology and facilities management. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Coaches and Scouts
Instruct or coach groups or individuals in the fundamentals of sports. Demonstrate techniques and methods of participation. May evaluate athletes' strengths and weaknesses as possible recruits or to improve the athletes' technique to prepare them for competition. Those required to hold teaching degrees should be reported in the appropriate teaching category.
Fitness Trainers and Aerobics Instructors
Instruct or coach groups or individuals in exercise activities. Demonstrate techniques and form, observe participants, and explain to them corrective measures necessary to improve their skills.

Associates

Any instructional program in computer/information technology services administration and management not listed above.

A program that focuses on the design of technological information systems, including computing systems, as solutions to business and research data and communications support needs. Includes instruction in the principles of computer hardware and software components, algorithms, databases, telecommunications, user tactics, application testing, and human interface design.

Job Opportunities:

Computer and Information Systems Managers
Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.
Computer and Information Research Scientists
Conduct research into fundamental computer and information science as theorists, designers, or inventors. Develop solutions to problems in the field of computer hardware and software.
Computer Systems Analysts
Analyze science, engineering, business, and other data processing problems to implement and improve computer systems. Analyze user requirements, procedures, and problems to automate or improve existing systems and review computer system capabilities, workflow, and scheduling limitations. May analyze or recommend commercially available software.
Information Security Analysts
Plan, implement, upgrade, or monitor security measures for the protection of computer networks and information. May ensure appropriate security controls are in place that will safeguard digital files and vital electronic infrastructure. May respond to computer security breaches and viruses.
Software Developers, Applications
Develop, create, and modify general computer applications software or specialized utility programs. Analyze user needs and develop software solutions. Design software or customize software for client use with the aim of optimizing operational efficiency. May analyze and design databases within an application area, working individually or coordinating database development as part of a team. May supervise computer programmers.
Software Developers, Systems Software
Research, design, develop, and test operating systems-level software, compilers, and network distribution software for medical, industrial, military, communications, aerospace, business, scientific, and general computing applications. Set operational specifications and formulate and analyze software requirements. May design embedded systems software. Apply principles and techniques of computer science, engineering, and mathematical analysis.
Computer Network Architects
Design and implement computer and information networks, such as local area networks (LAN), wide area networks (WAN), intranets, extranets, and other data communications networks. Perform network modeling, analysis, and planning. May also design network and computer security measures. May research and recommend network and data communications hardware and software.

Bachelor's

Any instructional program in audiovisual communications technologies not listed above.

Job Opportunities:

Broadcast Technicians
Set up, operate, and maintain the electronic equipment used to transmit radio and television programs. Control audio equipment to regulate volume level and quality of sound during radio and television broadcasts. Operate transmitter to broadcast radio or television programs.
Camera Operators, Television, Video, and Motion Picture
Operate television, video, or motion picture camera to record images or scenes for various purposes, such as TV broadcasts, advertising, video production, or motion pictures.
Film and Video Editors
Edit moving images on film, video, or other media. May edit or synchronize soundtracks with images.

Associates

Any instructional program in audiovisual communications technologies not listed above.

Job Opportunities:

Broadcast Technicians
Set up, operate, and maintain the electronic equipment used to transmit radio and television programs. Control audio equipment to regulate volume level and quality of sound during radio and television broadcasts. Operate transmitter to broadcast radio or television programs.
Camera Operators, Television, Video, and Motion Picture
Operate television, video, or motion picture camera to record images or scenes for various purposes, such as TV broadcasts, advertising, video production, or motion pictures.
Film and Video Editors
Edit moving images on film, video, or other media. May edit or synchronize soundtracks with images.

A program that generally prepares individuals to function as workers and managers within communications industries. Includes instruction in business economics; basic management; principles of interpersonal and mediated communications; radio, television, and digital media production; and related aspects of technology and communications systems.

Job Opportunities:

Media and Communication Workers, All Other
All media and communication workers not listed separately.
Broadcast Technicians
Set up, operate, and maintain the electronic equipment used to transmit radio and television programs. Control audio equipment to regulate volume level and quality of sound during radio and television broadcasts. Operate transmitter to broadcast radio or television programs.
Sound Engineering Technicians
Operate machines and equipment to record, synchronize, mix, or reproduce music, voices, or sound effects in sporting arenas, theater productions, recording studios, or movie and video productions.
Film and Video Editors
Edit moving images on film, video, or other media. May edit or synchronize soundtracks with images.

Administration & Faculty

President Nancy Williams
Accredited by North Central Association of Colleges and Schools, The Higher Learning Commission
Full-time Faculty 24
Student : Faculty Ratio 20 : 1
Faculty Gender (% Male : Female) 29 : 70
Percentage of Faculty Members
Non-Tenure Track Faculty 100

Admissions

Admissions

Selectivity

Acceptance Rate: 68.9% accepted of 424 applications

53% of students graduated in the top half of their class.
20% of students graduated in the top quarter of their class.
6% of students graduated in the top tenth of their class.

25th - 75th Percentile
ACTComposite18 - 22
 
SATMath440 - 570
Reading350 - 480
Writing360 - 410

Admission Considerations

Very Important: Academic GPA

Important: Class Rank, Standardized Test Scores

Also Considered: Interview, Recommendations, Work Experience

Other Application Information: Highest Section Scores Across Test Dates SAT or ACT SAT Subject Tests

Admissions Websites

Finance

Finance

Average Net Tuition

The average student pays $11,216 for tuition, fees, and other expenses, after grants and scholarships.

Household Income Real Cost
$0-$30K $10,531
$30K-$48K $11,314
$48K-$75K $10,144
$75K-$110K $14,315
$110K+ $16,936

Sticker Price

Total stated tuition is $14,550, in-state and on-campus, before financial aid.

On-Campus Off-Campus
Stated Tuition $14,550 Same as On-Campus
Fees $363 Same as On-Campus
Housing $5,286 $6,174
Books $1,551 $1,551
Total (before financial aid) $21,750 $22,638

Students Receiving Aid

97% of students receive some form of financial aid.

Undergrads Receiving Aid Average Aid Amount
Federal Loans 75% $4,986
Federal Scholarships/Grants 44% $3,583
Institutional Grants 93% $7,414
Other Federal Grants 8% $475
Other Loans 15% $7,612
Pell Grants 44% $3,497
State and Local Scholarships/Grants 59% $4,000
Student Loans 76% $6,492

Financial Aid Websites

Learn more about financial aid at http://www.aib.edu/admissions/financial-aid.aspx.

Estimate the net price for you at http://www.aib.edu/forms/netpricecalc.aspx.

Alumni and Outcomes

Alumni and Outcomes

Graduation Rates

60% of students graduated in six years.

Athletics

Athletics

AIB College of Business participates in the for college athletics.

Sport Contact
Soccer Brandon Ermels (Get recruited )
Golf Tony Giannetto (Get recruited )
Baseball Chad Harris (Get recruited )
Basketball Cory Jenkins (Get recruited )
Sport Coach
Soccer Justin Vorster (Get recruited )
Golf Mike Casey (Get recruited )
Cheerleading Allison Bugg (Get recruited )
Basketball Courtney Boyd (Get recruited )
Softball Kim Wright-Jones (Get recruited )
Volleyball Jodi Butler (Get recruited )

Latest Athletic Department Tweet

Rankings

WalletHub

#160 The Best and Worst College Cities and Towns in America
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