School of Business

Henderson State University, School of Business History

Henderson State University, founded in 1890, is a public, coeducational institution. The 157-acre campus is located in a small town 70 miles from Little Rock. Total undergraduate and graduate enrollment is 3664.

The School of Business was founded in 1955 and is located on the main campus. The basic educational approach is to prepare students for business life through a specialization in general business that sets the stage for advanced study. A mixture of theoretical and case approaches is used.

Henderson State University, School of Business Academics

The School offers the Master of Business Administration (MBA).

Thirty total credits are required to complete the MBA, including 6 elective credits. Required courses include:

• Accounting for Business and Financial Management
• Economic Analysis for Managerial Decisions
• Researching and Reporting in Business
• Organizational Strategy
• Marketing Seminar
• Financial Management
• Trends in Management
• Strategic Information Systems

Students may eliminate or substitute requirements by having completed relevant work within the past 7 years at another institution for a maximum of 6 graduate hours.

Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending full time or part time is 1<1/2> years; maximum, 6 years.

There are 20 total full-time graduate business faculty, of whom 70% hold a doctorate. Faculty salaries are rated well below average for Category IIA institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 9; average business class size is 14.

Henderson State University, School of Business Unique Programs

Library

The university’s main library houses a collection of more than 250,000 volumes, and subscribes to 1700 periodicals. Students have access to such databases and networks as Dialog and OCLC. Other opportunities for research consist of Huie Library, which participates in consortium arrangements.

Computers

Graduate business students need not have their own PCs.

Career and Job Placement

Placement services are extensive and are available through the university placement office.

International Students

International students must take the TOEFL. They also must submit a translation of their transcripts, proof of health consisting of a physician’s evaluation, and proof of adequate funds to cover 1 year of study. There is a $30 application fee. Financial aid is available for these students and consists of assistantships.

Calendar

The school operates on a traditional semester basis. Semesters are 17 weeks long; summer sessions, 5 weeks. Graduate programs are offered during the evening only.

Henderson State University, School of Business Admissions

A bachelor’s degree is required, along with a GPA of 2.5 and a GMAT score of 400. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1000. Most important admissions factors are GMAT results, grades in upper-level courses, and quality of undergraduate school. A strong mathematics background is not required.

10 students enrolled in the 2006-2007 class. The average GPA was 3.09. Transfers are accepted. Minority students are actively recruited.

Students may begin the MBA program in the fall, winter, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, and must receive approval of the Graduate Dean and the Dean of the School of Business. The application deadline is 2 weeks before the term begins for fall entry. Students are notified of the admissions decision after all materials have been received. Once accepted, students may defer admission for up to 1 calendar year.

Henderson State University, School of Business Financial Aid

The FFS is required. Check with the school for current application deadlines.

Tuition for in-state residents is $92 per credit. Nonresidents pay $183 per credit. Graduate student housing consists of residence halls. There is a referral service to help procure off-campus housing.

Henderson State University, School of Business Students

Sixty-eight percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from Arkansas (93%). Fifty-one percent are women, 37% are minorities, and 5% are foreign nationals. Ages range from 22 to 46. In 2006, 21 graduate business degrees were awarded.