Warrington College of Business

University of Florida, Warrington College of Business History

University if Florida, founded in 1853, is a public, coeducational institution, The 2000-acre campus is located in a suburban area 100 miles noth of Orlando. Total undergraduate and graduate enrollment is 46,000. Enrollment figures in the above capsule are approximate.

The Warrington College of Business was founded in 1926 and is located on the main campus. The basic educational approach is a mixture of case study, computer simulation, projects, and theory. There is heavy emphasis on group projects and teamwork.

University of Florida, Warrington College of Business Academics

The Warrington College of Business offers the Master of Business Administration (MBA), Master of Arts in International Business (MAIB), Master of Accounting (MAcc), Master of Science in Management (MSM), Master of Science in Decision and Information Sciences (MS), and Master of Science in Finance (MSF) as well as a doctoral program in economics, accounting, finance, management, marketing, and decision and information sciences, and a joint degree in law (MBA/JD), pharmacy (MBA/PharmD), international management (MBA/MIM), health (MBA/MHA), exercise and sport sciences (MBA/MESS), biotechnology (MBA/MS), and biotechnology (MBA/PhD). Other programs include a 3-2 degree in industrial engineering, interdisciplinary programs in supply chain management, competitive strategy, e-commerce, entrepreneurship, global management, and Latin American business, foreign exchange with 18 countries, and internships. The strongest areas of study are finance, marketing, portfolio management, fixed income, real estate, supply chain management, and entrepreneurship. The most popular courses are Measuring and Managing Value, Art and Science of Negotiations, Financial Statement Analysis, and Game Theory Applied to Business Decisions. Regular programs bring distinguished speakers and visiting professors to campus. Business executives participate in a speaker series.

Forty-eight total credits are required to complete the MBA, including 18 elective credits. Required courses include:

• Introduction to Managerial Statistics
• Advanced Managerial Statistics
• Financial Accounting
• Managerial Accounting
• Managerial Economics
• Organizational Behavior
• Finance I: Asset Valuation, Risk and Return
• Finance II: Capital Structure and Risk Management Issues
• Open Economy Macroeconomics
• Production and Operations Management
• Problems and Methods in Marketing Management
• Managers and the Legal Environment
• Strategic Management
• Leadership
• Professional Writing
• Professional Communication
• Managing and Developing Groups and Teams

Students may eliminate or substitute requirements if they completed an undergraduate business major within 7 years of starting the program.

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 10 months; maximum, 20 months. For students attending part time, the minimum is 15 months; maximum, 27 months.

In a recent year, there were 96 total full-time graduate business faculty, all of whom held a doctorate; there were 2 part-time faculty, both of whom held a doctorate. Faculty salaries are rated above average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 40.

University of Florida, Warrington College of Business Unique Programs

Library

The university’s main library houses a collection of more than 4 million volumes, 7.1 million microform items, and 7.1 million audio/video tapes/CDs, and subscribes to 30,000 periodicals. Students have access to databases and networks in the fields of business and allied subject areas.

Computers

Graduate business students must have their own PCs. The business school has its own computer facilities, consisting of wireless net, computer workstations, and notebook computer ports for graduate business student use only, open daily.

Career and Job Placement

Majors most in demand by companies recruiting in a recent year were finance and marketing. Average starting salary of a recent graduating class was $61,000; range was $32,000 to $104,000. The percentage of graduates finding jobs were:

• international corporations 46%
• national corporations 38%
• self-employment 12%
• local small enterprises 4%

Placement services are extensive. Placement services for alumni include counseling and referrals. Placement is available through a separate placement office for graduate business students and the university placement office. Ninety-one percent of a recent graduating class found jobs within three months of receiving their degree.

International Students

International students must take the TOEFL. They also must submit a translation of their transcripts, proof of health, and proof of adequate funds to cover 1 year of study. Financial aid is available for these students and consists of a limited number of graduate assistantships.

Calendar

The school operates on a traditional semester basis. Semesters are 16 weeks long. Graduate programs are offered during the day only. Professional programs are offered on weekends (Saturday and Sunday) or extended weekends (Friday, Saturday, and Sunday) once per month for the length of the respective program. Internet programs meet on campus for 1 weekend (Saturday and Sunday) at the end of each 4-month term.

University of Florida, Warrington College of Business Admissions

A bachelor’s degree is required, along with a GPA of 3.0 and GRE scores of 1250. Most important admissions factors are work experience, GMAT results, and management potential. A strong mathematics background is required.

The number of applicants for a recent class was 408; 168 were accepted; 84 enrolled. The average GPA was 3.3; average GMAT score was 670. Transfers are not accepted. Minority students are actively recruited by GMASS and minority recruitment events.

Students may begin the MBA program in the fall and summer. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $30, 2 letters of recommendation, essays, and a resume. The application deadlines are rolling, but applicants are encouraged to apply as early as possible notification of the admissions decision. The latest acceptable test date for fall entry is June.

University of Florida, Warrington College of Business Financial Aid

In a recent year, about 70% of graduate business school students received financial aid from scholarships, loans, and graduate assistantships, for a total average of $15,000 annually; maximum $28,000. Stipends and programs available for minority students include the Graduate Minority Fellowship. The FAFSA is required. Check with the school for current application deadline.

Tuition for in-state residents is $687 per year. Nonresidents pay $21,951 per year. On-campus room and board costs approximately $7300; books and supplies, $920; personal expenses, $1200; and other fees, $500, for an estimated annual total of $16,747 for in-state residents and $31,871 for out-of-state residents. Graduate student housing includes limited on-campus accommodations, but a wide variety of off-campus housing is available. There is a referral service to help procure off-campus housing.

University of Florida, Warrington College of Business Students

Twenty percent of a recent graduate business school class were enrolled full time; all had an average of 7 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from the South (64%). Eleven percent were minorities and 12% were foreign nationals. The average age at entrance was 30; ages ranged from 21 to 52. Seventeen percent already had a graduate degree. Students’ undergraduate majors were as follows: 24%, business; 24%, engineering; 22%, social sciences; 7%, liberal arts; 7%, math and science; and 2%, economics. 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.