The Boulder MBA offers the Master in Business Administration (MBA) and Master of Science in Accounting (MS) as well as a doctoral program in accounting, finance, marketing, information systems, business policy and strategy, organization management, and operations research and management, and a joint degree in law (MBA/JD), telecommunications (MBA/MS), fine arts (MBA/MA), anthropology (MBA/MA),theater (MBA/MA) environmental studies (MBA/MS), Germanic language (MBA/MA), and computer science (MBA/MS). Other programs include cross-registration on a limited basis with the School of Law and School of Engineering, work-study, foreign exchange with Mexico and Spain, internships, and joint research. The strongest areas of study are finance, marketing, and entrepreneurship. The most popular courses are finance, marketing, entrepreneurship, and real estate. Regular programs bring distinguished speakers and visiting professors to campus. The Visiting Executive Program enables high-level executives to share with students their expertise, working world experiences, and reflections on life inside and outside the business world. Executives speak at classroom lectures as well as informal lunches or after-hours meetings.
Fifty-five total credits are required to complete the MBA, including 27 elective credits. Required courses include:
- Managerial Economics
- Financial Accounting
- Quantitative Methods
- Managing Behavior in Organizations
- Decision Modeling
- Corporate Finance
- Marketing Management
- Corporate Strategy
- Business and Society
- Professional Skills
- Career Development
Required courses for the MS in Accounting include:
- Accounting Theory
- Managerial Accounting Seminar
- Advanced Auditing Theory
Students may eliminate or substitute requirements through waiver exams.
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 2 years; maximum, 2 years. For students attending part time, the minimum is 3 years; maximum, 3 years.
There are 88 total full-time graduate business faculty, all of whom hold a doctorate; there are 20 part-time faculty, of whom 98% hold a doctorate. Faculty salaries are rated average for Category I institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 12; average business class size is 35.
A bachelor’s degree is required, along with a GPA of 2.5. Most important admissions factors are academic accomplishments and ability, work experience, and GMAT results. A strong mathematics background is required.
The number of applicants for the 2006-2007 class was 299; 173 were accepted; 93 enrolled. The average GPA was 3.24; average GMAT score was 630. Transfers are accepted. Minority students are actively recruited by attending minority recruiting events, targeted mailings, and advertising in publications targeting specific minority groups. Transfers are accepted in the part-time program.
Students may begin the MBA program in the fall only. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $70, 3 letters of recommendation, and personal essays. The application deadline varies for fall entry. Students are notified 8 weeks after the application deadline of the admissions decision. The latest acceptable test date for fall entry is April 15. Once accepted, students may defer admission under special circumstances.
About 75% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $19,660 annually. The FAFSA is required. The application deadline is April 1 for fall entry.
Tuition for in-state residents is $8982 per year. Nonresidents pay $24,156 per year. Estimate living expenses cost approximately $12,400; and other fees, $1000, for an estimated annual total of $22,382 for in-state residents and $37,556 for out-of-state residents. Graduate student housing consists of some facilities on campus; the majority is off campus. There is a referral service to help procure off-campus housing.
Fifty-one percent of the current graduate business school class are enrolled full time; 96% of full-time students 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 Colorado (45%). Twenty-one percent are women, 7% are minorities, and 10% are foreign nationals. The average age of full-time students at entrance is 28; ages range from 21 to 49. Two percent enter directly from undergraduate school; 10% already have a graduate degree. Students’ undergraduate majors were as follows: 28%, business; 23%, engineering; 19%, economics; 11%, liberal arts; 8%, math and science; and 6%, social sciences. About 5% of entering students leave by the end of the first year due to academic or personal reasons; 95% remain to receive their degree. In 2006, 110 graduate business degrees were awarded.