Academics
The Krannert offers the Master of Business Administration-Full-time (MBA), Master of Business Administration-Executive (MBA), Master of Business Administration-International Master of Management (MBA), Master of Business Administration-Weekend (MBA), Master of Science in Industrial Admistration (MSIA), Master of Science in Human Resource Management (MSHRM), Master of Science in Industrial Administration (MSIA), and Master of Business Administration-International Management (MBA-IM) as well as a doctoral program in economics, management, and organizational behavior and human resource management, and a joint degree in Pharm- D/MSIA. Other programs include a 3-2 degree with the Purdue University School of Management and the Purdue College of Engineering undergraduate program, foreign exchange with 4 countries, and summer internship opportunities, which enable 2-year master’s students to earn a salary while gaining first-hand business experience. The strongest areas of study are corporate finance, entrepreneurship, human resource management, marketing, and operations and supply chain management. The most popular courses are Financial Management, Marketing, Strategic Management, Operations, and OBHR. Regular programs bring distinguished speakers and visiting professors to campus. Executive Forums held each Friday bring corporate chief executive officers or leaders from other institutions to the Krannert School for lectures and interaction with students.
Sixty total credits are required to complete the MBA, including 25 elective credits. Required courses include:
- Microeconomics/Macroeconomics
- Financial Accounting/Managerial Accounting
- Financial Management I and II
- Marketing Management I and II
- Quantitative Methods I and II
- Strategic Management I and II
- Operations Management I and II
- Organizational Behavior/Human Resource Mangement
- Management Information Systems I and II
- Managerial Communications I and II
- Business Law
Required courses for the MSIA include:
- Microeconomics/Macroeconomics
- Financial Accounting/Managerial Accounting
- Financial Management I and II
- Marketing Management I and II
- Quantitative Methods I and II
- Strategic Management I and II
- Operations Management I and II
- Organizational Behavior/Human Resource Management
- Management Information Systems
- Managerial Communications I and II
- Business Law
Required courses for the MSHRM include:
- Quantitative Methods/Statistics I and II
- Financial Accounting
- Operations Management I
- Organizational Behavior/Human Resource Management
- Financial Management I
- Strategic Management l and II
- Managerial Communication I and II
- Industrial Relations I and II
- Marketing Management I
- Human Resource Systems
- Staffing Tools
- Information Systems I and II
- Staffing Systems
- Compensation and Reward Systems I and II
- Advanced Labor Economics
- Business Law
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 1 year; maximum, 2 years. For students attending part time, the minimum is 2 years; maximum, 3 years.
There are 109 total full-time graduate business faculty, of whom 99% hold a doctorate; there are 2 part-time faculty, both of whom hold 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 4; average business class size is 48.