School of Business and Economics/Graduate Business Program

Indiana University-South Bend, School of Business and Economics/Graduate Business Program History

Indiana University/South Bend, founded in 1946, is a public, coeducational institution. The 65-acre campus is located in an urban area east of downtown South Bend. Enrollment figures in the above capsule are approximate. Total undergraduate and graduate enrollment is approximately 7500. Enrollment figures in the above capsule are approximate.

Courses also are offered at Elkhart (MBA). The basic educational approach is to offer a broad foundation of theory and time-tested fundamentals that will give candidates the tools they need to manage a modern corporation. Techniques include hands-on experience working with local businesses and case studies designed to link theoretical aspects with practical solutions.

Indiana University-South Bend, School of Business and Economics/Graduate Business Program Academics

The Graduate Business Program offers the Master of Business Administration (MBA), Master of Science in Accounting (MSA), and Master of Science in Management of Information Technologies (MS-MIT). The strongest areas of study are accounting and information technologies. The most popular course is in leadership.

Thirty-six total credits are required to complete the MBA, including 6 elective credits. Required courses include:

• Managerial Price Theory
• Management Information Systems
• Legal/Ethical Environment of Business
• Production Management
• Buyer Behavior
• Strategic Financial Management
• Leadership and Change
• Management Accounting Concepts
• Business Policy
• International Accounting Practiceor
• Management of International Operationsor
• International Finance

Required courses for the MSA include:

• Leadership, Negotiation, and Human Resource Management
• Professional Communication Skills
• Advanced Financial Accounting Theory and Practice
• Advanced Auditing Practice
• Consulting and Strategic Cost Management
• Management Information Systems
• Advanced Tax Topics
• International Accounting Practice
• Interpretation and Analysis of Financial Statements
• Strategic Financial Management
• 2 electives

Required courses for the MS-MIT include:

• Management Information Systems
• Legal/Ethical Environment of Business
• Production Management
• Managerial Decision-Making Models
• Object-Oriented Programming
• Database Management Systems
• Telecommunications and Computer Networking
• Web Site Development Techniques
• Management of IT Projects
• Decision Support Systems
• Electronic Commerce
• Business Process Re-engineering Using IT
• Seminar in Management of Information Technologies * elective

Students may eliminate or substitute requirements based on previous course work or through written examination.

The minimum time permitted to complete the master’s degree program attending full time is 1 to 2 years; maximum, 5 years. For students attending part time, the minimum is 2 to 3 years; maximum, 5 years.

There are 23 total full-time graduate business faculty, all of whom hold a doctorate; there are 7 part-time faculty, of whom 43% hold a doctorate. Faculty salaries are rated below average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 20.

Indiana University-South Bend, School of Business and Economics/Graduate Business Program Unique Programs

Library

Publications for the business school contained in the main library consist of more than 440,000 volumes, 426,000 microform items, and 3811 audio/video tapes/CDs, and subscriptions to 14,000 periodicals. Students have access to such databases and networks as Compustat, CRSP, Hoover’s Company Info, Statistical Universe, Lexis/Nexis, Emerald Library, EBSCO, Standard & Poor’s, and JSTOR. Other opportunities for research consist of the Bureau of Business and Economic Research. The IUSB Library is part of the Indiana University Library system, which contains 5.5 million volumes.

Computers

Graduate business students need not have their own PCs. Available computer facilities consist of 13 computer labs with a total of 400 computers.

Career and Job Placement

Placement services are limited, since most students are already employed full time, and are available through the university placement office.

International Students

International students must take the TOEFL or the college’s own test or successfully complete an upper-level intensive English program. International students must score 550 on the Paper-Based TOEFL (PBT). They also must submit a translation of their transcripts and proof of adequate funds to cover 1 year of study. There are special fees for health insurance and a $55 nonrefundable application fee. Check with the school for current application deadlines.

Calendar

The school operates on a traditional semester basis. Semesters are 15 weeks long; summer sessions, 6 weeks. Graduate programs are offered during the evening only.

Indiana University-South Bend, School of Business and Economics/Graduate Business Program Admissions

A bachelor’s degree is required, along with a GPA of 2.75 and a GMAT score of 450. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1000. Most important admissions factors are letters of recommendation, work experience, and GMAT results. A strong mathematics background is not required.

Transfers are accepted. Minority students are actively recruited by scholarships to underrepresented students.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $45, 2 letters of recommendation, and 3 essays. The application deadlines are July 1 for fall entry; November 1, spring; April 1, summer. Students are notified of the admissions decision within 3 weeks after the application deadline. Once accepted, students may defer admission for up to 1 year.

Indiana University-South Bend, School of Business and Economics/Graduate Business Program Financial Aid

The FFS is required. Check with the school for current application deadlines.

Tuition for in-state residents is $224 per credit. Nonresidents pay $540 per credit. Graduate student housing is available for international graduate students only. There is a referral service to help procure off-campus housing.

Indiana University-South Bend, School of Business and Economics/Graduate Business Program Students

Twenty-two percent of a recent graduate business school class were enrolled full time; 75% 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 the Midwest (75%). Thirty-eight percent are women, 5% are minorities, and 29% are foreign nationals. The average age at entrance is 31; ages range from 22 to 51. Twenty percent enter directly from undergraduate school; 2% already have a graduate degree. Students’ undergraduate majors were as follows: 46%, business; 20%, engineering; 14%, liberal arts; and 4%, math and science. About 20% of entering students leave by the end of the first year due to academic or personal reasons; 53% remain to receive their degree.