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Chicago, IL 60655
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Graham School of Management

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Academics

The Graham School offers the Master of Business Administration (MBA), Master of Science in Finance (MS), Master of Science in Management (MS), Master of Science in Health Administration (MS), Master of Public Health (MPH), Master of Science in Public and Non-Profit Management (MS), and Master of Science in Service Management (MS) as well as joint degrees in nursing (MSN/MBA) and applied computer science (MACS/MBA). The strongest areas of study are finance, general management, and health administration.

Thirty-nine total credits are required to complete the MBA, including 12 elective credits. Required courses include:

  • Management Theory and Application
  • Managerial Economics
  • Managerial Accounting
  • Managerial Finance
  • Statistical Methods for Business Decisions
  • Management Information Systems
  • Government, Business, and Society
  • Strategic Management and Policy
  • Marketing Management

Students may eliminate or substitute requirements by transferring up to 12 hours of graduate credit.

The maximum time permitted to complete the master’s degree program attending full or part time is 5 years.

There are 17 total full-time graduate business faculty, of whom 94% hold a doctorate; there are 21 part-time faculty, of whom 33% hold a doctorate. Faculty salaries are rated above average for Category IIA institutions, based on the AAUP rating system. Average number of credit hours each full-time faculty member teaches is 21 (part time, 6 hours); average business class size is 20.

Admissions

A bachelor’s degree is required, along with a GPA of 3.0. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1000. Most important admissions factors are grades in upper-level courses, letters of recommendation, and a successful interview. A strong mathematics background is required.

The number of applicants for the 2006-2007 class was 213; 125 were accepted. The average GPA was 3.65. Transfers are accepted.

Students may begin the MBA program in the fall, winter, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $35, and 2 letters of recommendation. The application deadlines are August 15 for fall entry; November 15, winter; November 15, spring; May 15, summer. Students are notified of the admissions decision 2 weeks after the application is received.

Financial Aid

About 35% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships. The FAFSA is required. Check with the school for current application deadlines.

Tuition for all students is $625 per credit, or $11,250 per year. On-campus room and board costs approximately $7414; books and supplies, $1000; personal expenses, $2000; and other fees, $130, for an estimated annual total of $21,794. Graduate student housing is based on availability.

Students

Twenty percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from Illinois (99%). Fifty-four percent are women and 43% are minorities. The average age at entrance is 33; ages range from 21 to 65. In 2006, 173 graduate business degrees were awarded.

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