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Carbondale, IL 62901-4625
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College of Business and Administration

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The College of Business and Administration offers the Master of Business Administration (MBA) and Master of Accountancy (MAcc) as well as a doctoral program in business administration, and a joint degree in law (JD/MBA, JD/MAcc) agribusiness economics (MBA/MS), and mass communications (MBA/MA). Other programs include foreign exchange with France, cooperative programs with ESC-Grenoble and Sup de Co Montpelier in France, and internships. The strongest areas of study and the most popular courses are Finance and Management Information Systems. Regular programs bring distinguished speakers and visiting professors to campus.

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

  • Managerial Accounting and Control
  • Financial Management
  • Organizational and Managerial Behavior
  • Marketing Management
  • Management Information Systems
  • International Business

Required courses for the MAcc include:

  • Emerging Issues in Accounting
  • Controllership and Policy
  • Individual Income Taxation
  • Accounting Information
  • Professional Dimensions

Students may eliminate or substitute requirements by having completed foundation courses at the undergraduate level.

Business students may take relevant nonbusiness courses in other departments. The maximum time permitted to complete the master’s degree program attending full time or part time is 6 years.

In a recent year there are 42 total full-time graduate business faculty, all of whom held a doctorate. Faculty salaries are rated well below 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 15.


A bachelor’s degree is required, along with a GPA of 2.7. Most important admissions factors are academic accomplishments and ability, motivation, and work experience. A strong mathematics background is required.

The number of applicants for a recent class was 78; 54 were accepted; 34 enrolled. The average GPA was 3.42; average GMAT score was 511. Transfers are accepted. Minority students are actively recruited by a minority recruiter in the student affairs office.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, 3 letters of recommendation, and 3 essays. Students are notified as early as possible of the admissions decision. The latest acceptable test date for fall entry is open. Once accepted, students may defer admission up to 1 year from date of acceptance. Check with the school for current application deadlines and fee.

Financial Aid

Stipends and programs available for minority students include graduate assistantships and graduate dean’s fellowships. Check with the school for current application deadlines.

Tuition for in-state residents is approximately $195 per credit, or $4610 per year. Nonresidents pay $480 per credit, or $11,520 per year. On-campus room and board costs approximately $6710; books and supplies, $1000; personal expenses, $3000; and other fees, $1415, for an estimated annual total of $16,735 for in-state residents and $23,645 for out-of-state residents. Graduate student housing is available in residence halls, apartments, and off-campus accommodations. There is a referral service to help procure off-campus housing.


Eighty-four percent of the current graduate business school class are enrolled full time; 76% have had an average of 4 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from foreign countries (51%). Forty-three percent are women, 8% are minorities, and 42% are foreign nationals. The average age at entrance is 30; ages range from 20 to 55. Thirty-six percent enter directly from undergraduate school; 21% already have a graduate degree. Students’ undergraduate majors were as follows: 56%, business; 16%, engineering; 10%, liberal arts; and 5%, economics. About 2% of entering students leave by the end of the first year due to academic or personal reasons; 88% remain to receive their degree. In a recent year, 66 graduate business degrees were awarded.

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