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1021 North Dartmouth Avenue
Claremont, CA 91711-6184
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Peter F. Drucker and Masatoshi Ito Graduate School of Management

Peter F. Drucker and Masatoshi Ito Graduate School of Management Rating: 5.0/5 (2 votes)


The Drucker School offers the Master of Business Administration (MBA), Master of Arts in Management (MA), Executive Master of Business Administration (EMBA), Advanced Executive Master of Business Administration (AEMBA), and Master of Science in Financial Engineering (MSFE) as well as a doctoral program in management, and a joint degree in financial engineering (MS), arts and cultural management (MA). Other programs include 4+1 degrees with Claremont’s undergraduate colleges; interdisciplinary programs in psychology, education, and humanities; cross-registration with the Schools of Organizational and Behavioral Science, Politics and Economics, Humanities, and Information Science; cooperative programs with Oxford University, England, Saint Gallen, Switzerland; and Hitotsubashi University, Japan; work-study programs, foreign exchange with Japan, Switzerland, and France; internship programs, including field studies, honors, and consulting projects; and joint research with faculty. The strongest areas of study are strategic management, general management, leadership, entrepreneurship, and venture finance. The most popular courses are Strategy and Leadership, Global Economy, Revitalization, Financial Policy, and Strategy. Regular programs bring distinguished speakers and visiting professors to campus through a Distinguished Speaker series and an Executive Forum series.

Sixty total credits are required to complete the MBA, including 30 elective credits. Required courses include:

  • Financial and Managerial Accounting
  • Organizational Behavior
  • Information Management/Applied Operations
  • Marketing Management
  • Corporate Finance
  • The Strategy Course
  • Morality and Leadership/Drucker on Management
  • Quantitative Methods

Required courses for the MSFE include:

  • Probability
  • Statistics
  • Stochastic Processes
  • Mathematical Finance
  • Managerial and Financial Accounting and Control
  • Managing Corporate Finance
  • Investments
  • Financial Derivatives

Students may eliminate or substitute requirements by completing comparable courses at an accredited school with a grade of B or better within the past 5 years.

Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending full time is 16 months; maximum, 6 years. For students attending part time, the maximum is 6 years.

In a recent year, there were 12 total full-time graduate business faculty, all of whom hold a doctorate; there were 12 part-time faculty, of whom 93% hold a doctorate. Faculty salaries are rated above average for Category I institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 16; average business class size is 25.


A bachelor’s degree is required. Most important admissions factors are work experience, GMAT results, and essays. A strong mathematics background is not required.

The average GPA was 3.2. Transfers are accepted. Minority students are actively recruited by a full-time diversity officer; there is also a minority mentor program.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $50, 3 letters of recommendation, a resume, and a statement of purpose. Students are notified within 2 to 4 weeks of the admissions decision. Once accepted, students may defer admission to any term within 1 calendar year. Check with the school for current application deadlines.

Financial Aid

Stipends and programs available for minority students include fellowships. The school’s own financial statement is required. Check with the school for current application deadlines.

Tuition for all students is $1150 per credit, or $34,500 per year. On-campus room and board costs approximately $15,500; books and supplies, $1000; personal expenses, $4000; and other fees, $160, for an estimated annual total of $55,160. Graduate student housing includes studio, 1-bedroom, and 2-bedroom apartments on campus plus apartments and rooms in homes off campus. There is a referral service to help procure off-campus housing.


In a recent year, sixty-six percent of the current graduate business school class were enrolled full time; 90% have had an average of 5 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from California (50%). Thirty-six percent were women, 15% were minorities, and 40% were foreign nationals. The average age at entrance was 27; ages range from 21 to 44. Five percent enter directly from undergraduate school; 10% already have a graduate degree. Students’ undergraduate majors were as follows: 39%, business; 16%, engineering; 15%, social sciences; 10%, economics; and 10%, liberal arts. About 1% of entering students leave by the end of the first year due to academic or personal reasons; 99% remain to receive their degree.

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