The Concord SOM offers the Master of Business Administration (MBA). Other programs include cross-registration and a cooperative program in management with Boston College. The strongest areas of study are international management and consulting. The most popular courses are International Finance and National Strategies and the Global Economy. Regular programs bring distinguished speakers and visiting professors to campus. Arthur D. Little senior consultants as well as prominent Boston-area business leaders and professors are frequent speakers. The Distinguished Speaker series meets every other week at ADL corporate headquarters.
Fifty-seven total credits are required to complete the MBA, including 15 elective credits. Required courses include:
- Achieving High Performance as a Team
- Consulting Skills: Facilitation, Interviewing, Structured Communication, Issues Analysis, and Presen
- Managerial Accounting
- Managing Economics and Quantitative Methods for Business
- Financial Management I
- Human Asset Management
- Marketing Management
- Organizational Design
- Operations Management
- Financial Management II
- Managerial Control
- National Strategies and the Global Economy
- Strategy Formulation and Implementation I and II
- Management of Information Systems
- Management Consulting Project
- Strategy Formulation and Implementation III and IV
The minimum time permitted to complete the master’s degree program attending full time is 1 year; maximum, 1 year.
There are 6 total full-time graduate business faculty, of whom 83% hold a doctorate; there are 18 part-time faculty, of whom 72% hold a doctorate. Average number of courses faculty teach is 1; average business class size is 61.
A bachelor’s degree is required, along with a GPA of 2.3. Most important admissions factors are work experience, management potential, and a successful interview. A strong mathematics background is required.
The number of applicants for the 2006-2007 class was 73; 72 were accepted; 26 enrolled. The average GMAT score was 475. Transfers are accepted.
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 $75, and 2 letters of recommendation. The application deadline is June 15 for fall entry. Students are notified 6 to 8 weeks after application of the admissions decision. The latest acceptable test date for fall entry is Check with the school for the latest acc. Once accepted, students may defer admission for 1 academic year.
About 10% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $7500 annually; maximum $10,000. The FAFSA and the school’s own financial statement and the previous year’s tax return are required. The application deadline is open for fall entry.
Tuition for all students is $36,000 per year. Books and supplies cost approximately $2250; personal expenses, $2500, for an estimated annual total of $40,750. Graduate student housing is not available on campus. There is a referral service to help procure off-campus housing.
All of the current graduate business school class are enrolled full time; all have had an average of 8 years of full-time work experience prior to entering graduate school, a factor preferred by the school. All students are from foreign countries. Nineteen percent are women and 100% are foreign nationals. The average age at entrance is 32; ages range from 24 to 48. Thirty percent already have a graduate degree. Students’ undergraduate majors were as follows: 30%, business; 30%, economics; 20%, math and science; 12%, engineering; and 8%, law. 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. In 2006, 48 graduate business degrees were awarded.