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MBA Program

Academics

The MBA Program offers the Master of Business Administration (MBA) as well as a joint degree in law (JD/MBA) and (MBA/ME), SELP – Systems Engineering Leadership Program. Other programs include a cooperative program in engineering, work-study, internships, foreign exchange with 1 country, and an Executive MBA program. The strongest areas of study are international, finance, management, marketing, and entrepreneurship. The most popular courses are Financial Strategy, Mergers and Acquisitions, Power, Politics, and Negotiation In Organizations, and Marketing Strategy. Regular programs bring distinguished speakers and visiting professors to campus. These include the Distinguished Entrepreneur Lecture Series and Business Ethics Fortnight.

Fifty-four total credits are required to complete the MBA, including 27 elective credits. Required courses include:

  • Legal Environment Business
  • Financial and Managerial Accounting
  • Business Statistics
  • Business Economics
  • Organizational Behavior and Management
  • Marketing Management
  • Operations Analysis
  • Financial Management
  • Management Information Systems

Students may eliminate or substitute requirements through waivers and challenge exams.

The minimum time permitted to complete the master’s degree program attending full or part time is 1 year; maximum, 5 years.

In a recent year, there were 49 total full-time graduate business faculty, all of whom held a doctorate; there were 16 part-time faculty, of whom 39% held a doctorate. Average number of courses faculty teach is 3; average business class size is 22.

Admissions

A bachelor’s degree is required, along with a GPA of 2.0. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT. Most important admissions factors are grades in upper-level courses, GMAT results, and work experience. A strong mathematics background is required.

The number of applicants for the 2006-2007 class was 250; 169 were accepted; 101 enrolled. The average GPA was 3.27; average GMAT score was 572. Transfers are accepted.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $50, 2 letters of recommendation, a statement of purpose, and a resume. The application deadlines are open. Students are notified on a rolling basis within 2 weeks of the admissions decision. The latest acceptable test date for fall entry is August 20. Once accepted, students may defer admission for up to 1 year.

Financial Aid

About 52% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $16,497 annually; maximum $57,925. Stipends and programs available for minority students include the Endlein Scholarship for students who are of at least one quarter American Indian or African-American descent. The FAFSA, the school’s own financial statement, the previous year’s tax return, and verification form for previous year’s tax return if selected are required.

Tuition for all students is $935 per credit, or $22,440 per year. On-campus room and board costs approximately $8718; books and supplies, $1440; personal expenses, $2481; and other fees, $425, for an estimated annual total of $35,504. Graduate student housing is limited. Priority is given to out-of-state and international students. There is a referral service to help procure off-campus housing.

Students

Thirty percent of the current graduate business school class are 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 are from California (89%). Thirty-six percent are women, 34% are minorities, and 8% are foreign nationals. The average age at entrance is 27; ages range from 20 to 49. Six percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 44%, business; 29%, social sciences; 17%, engineering; 5%, liberal arts; and 5%, communication arts. In 2006, 143 graduate business degrees were awarded.

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