School of Business, Henderson State University in Arkadelphia, AR - Henderson State University in Arkadelphia, AR

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.

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.

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.

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.