University of Southern California, Marshall School of Business
Academics
Marshall offers the Master of Business Administration (MBA), Master of Science in Business Administration (MSBA), Master of Accounting (MAcc), Master of Business Taxation (MBT), and Master of Medical Management (MMM) as well as a doctoral program, and joint degrees in law (JD/MBA and JD/MBT), planning (MBA/MPL), real estate development (MBA/MRED), pharmacy (PharmD/MBA), gerontology (MBA/MSG), industrial and systems engineering (MBA/MS), dental surgery (MBA/DDS), East Asian studies (MBA/MA), medicine (MD/MBA), Jewish communal service (MBA/MA), social work (MBA/MSW), and education (MBA/EdD). Other programs include elective work at any of the university’s graduate and professional schools and foreign exchange or joint research with any of 23 partner schools in 21 countries. Domestic and international internship programs are available. The strongest areas of study are accounting, finance, strategy, leadership, marketing, entrepreneurship, international, operations management, and entertainment. The most popular courses are Financial Analysis and Valuation, Corporate Financial Strategy, Marketing and Consumer Research, and Negotiation and Persuasion. Regular programs bring distinguished speakers and visiting professors to campus. Visiting professors teach for 1 semester or 1 year; all academic departments have regular research seminar series with distinguished presenters. The Executive-in-Residence program brings in business leaders to teach over a semester.
Sixty-three total credits are required to complete the MBA, including 30 elective credits. Required courses include:
Managerial Economics
Applied Managerial Statistics
Contemporary Issues in Global Economic Strategy
Leadership Development: Theory, Practice, and Skills
Accounting Concepts and Financial Reporting
Management of Organizations
Corporate Finance
Operations Management
Marketing Management
Management Accounting
Contemporary Issues in Competitive Strategy
Business Practices in the Pacific Rim
Students may eliminate or substitute requirements by examination.
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 1 year; maximum, 5 years. For students attending part time, the minimum is 3 years; maximum, 5 years.
There are 197 total full-time graduate business faculty, of whom 85% hold a doctorate; there are 11 part-time faculty, of whom 42% hold a doctorate. Faculty salaries are rated well above average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 4; average business class size is 36.
University of Southern California, Marshall School of Business
Admissions
A bachelor’s degree is required. A strong mathematics background is required.
The number of applicants for the 2006-2007 class was 1483; 533 were accepted; 218 enrolled. The average GPA was 3.3; average GMAT score was 685. Transfers are not accepted. The school is a member of the Consortium for Graduate Study in Management, a group of 12 schools that actively recruits minority applicants.
Students may begin the MBA program in the fall only. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $150, 2 letters of recommendation, and 3 essays. The application deadline is April 1 for fall entry. Students are notified December, February, March, and May of the admissions decision. Once accepted, students may defer admission for 1 year only, subject to the approval of the director of admissions.
Financial Aid
About 90% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $18,500 annually; maximum $37,000. Stipends and programs are available for minority students through the Consortium for Graduate Study in Management. Other school-funded scholarships are also available. The FAFSA, the school’s own financial statement, and the previous year’s tax return are required. Check with the school for current application deadlines.
Tuition for all students is $38,245 per year. On-campus room and board costs approximately $14,000; books and supplies, $1500; personal expenses, $2000; and other fees, $1650, for an estimated annual total of $57,395. Graduate student housing is available on campus and in the surrounding community, including beach areas. There is a referral service to help procure off-campus housing.
University of Southern California, Marshall School of Business
Students
Thirty-five percent of the current graduate business school class are enrolled full time; 98% 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 (68%). Thirty percent are women, 38% are minorities, and 14% are foreign nationals. The average age at entrance is 28; ages range from 21 to 62. Two percent enter directly from undergraduate school; 13% already have a graduate degree. Students’ undergraduate majors were as follows: 29%, engineering; 25%, social sciences; 21%, business; and 18%, economics. About 1% of entering students leave by the end of the first year due to academic or personal reasons; 97% remain to receive their degree. In 2006, 637 graduate business degrees were awarded.
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