The Welch College of Business offers the Master of Business Administration (MBA) as well as a joint degree in nursing (MBA/MSN) and business (BS/MBA). Other programs include work-study, cross-registration, internships, and foreign exchange with Luxembourg. The strongest area of study is management, accounting, finance, and international business. The most popular courses are in management and finance. Regular programs bring distinguished speakers and visiting professors to campus. Guest lectures are held 6 to 9 times per year featuring distinguished speakers and local executives from Fortune 500 companies.
Thirty-six total credits are required to complete the MBA, including 15 elective credits. Required courses include:
- Accounting for Decision Making and Control
- Organizational Management and Business Communication
- Organizational Behavior
- Legal Environment of Business
- Dynamics of Information Technology
- Operations Management
- Global Management Integration
- Leadership and Ethics
- Managerial Economics
- Financial Management
- Marketing Management
- International Business
Students may eliminate or substitute requirements. To apply for prerequisite undergraduate credit equivalents, a student must have had an average grade of B or better and courses must have been taken within the past 6 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 1 year; maximum, 3 years. For students attending part time, the minimum is 1 year; maximum, 6 years.
There are 35 total full-time graduate business faculty, of whom 81% hold a doctorate; there are 27 part-time faculty, of whom 50% hold a doctorate. Faculty salaries are rated above average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 2; average business class size is 17.
A bachelor’s degree is required, along with a GPA of 2.8 and a GMAT score of 400. Most important admissions factors are academic accomplishments and ability, work experience, and motivation. A strong mathematics background is not required.
The number of applicants for the 2006-2007 class was 107; 45 were accepted; 39 enrolled. Transfers are accepted. Minority students are actively recruited by working closely with diverse groups such as the National Society of Hispanic MBAs.
Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, GMAT scores, a nonrefundable application fee of $50, 2 letters of recommendation, a resume, and a writing sample. The application deadline is rolling for fall entry. Students are notified of the admissions decision on a rolling basis. The latest acceptable test date for fall entry is the first week of class. Once accepted, students may defer admission for up to 1 year after formal acceptance, providing there are no admission criteria changes.
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 $575 per credit. Graduate student housing is not available. There is a referral service to help procure off-campus housing.
Sixteen 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 Connecticut (88%). Fifty percent are women, 18% are minorities, and 5% are foreign nationals. The average age at entrance is 32; ages range from 21 to 64. Five percent enter directly from undergraduate school; 10% already have a graduate degree. Students’ undergraduate majors were as follows: 50%, business; 20%, liberal arts; 13%, social sciences; 8%, engineering; 2%, economics; and 2%, math and science. About 20% of entering students leave by the end of the first year due to academic or personal reasons; 60% remain to receive their degree. In 2006, 88 graduate business degrees were awarded.