School of Management

Purdue University-Calumet Campus, School of Management History

Purdue University/Calumet, founded in 1946, is a public, coeducational institution. The 180-acre campus is located in an urban area 20 miles southeast of Chicago. Total undergraduate and graduate enrollment is more than 9300. Enrollment figures in the above capsule are approximate.

The School of Management was founded in 1967 and is located on the main campus. Courses also are offered at United States Steel, Gary Works (MBA), and Purdue University North Central Campus (MBA). The basic educational approach is to use case methods and practical management orientations to provide students with useful managerial skills in each of the major functional areas of management.

Purdue University-Calumet Campus, School of Management Academics

The School of Management offers the Master of Business Administration (MBA) and Master of Accountancy (MAcc). Other programs include interdisciplinary programs in engineering, cross-registration with Krannert Graduate School of Management at Purdue University/West Lafayette, and a cooperative program with Indiana University/Northwest campus. The strongest area of study is quantitative methods. The most popular courses are Accounting and Finance. Regular programs bring distinguished speakers and visiting professors to campus through the International Business Development Program and other programs.

Forty-five total credits are required to complete the MBA. Required courses include:

• Economic Theory
• Financial Accounting
• Managerial Accounting
• Financial Management I and II
• Marketing Management
• Legal and Social Foundations of Management
• Human Resource Management
• Strategic Management
• Quantitative Methods I and II
• Advanced Problems in Financial Management
• Behavior in Organizations
• Marketing Strategy
• Operations Management
• Introduction to Information Technology
• Business Calculus I and II

Required courses for the MAcc include:

• Auditing
• Accounting Practice
• International Accounting
• Business Law
• Accounting Theory and Policy
• Advanced Taxation
• Business Information Systems
• Professional Writing

Students may eliminate or substitute requirements by waiving 6 hours of undergraduate calculus.

The minimum time permitted to complete the master’s degree program attending part time is 3<1/2> years.

There are 25 total full-time graduate business faculty, of whom 90% hold a doctorate; there are 30 part-time faculty, of whom 10% hold a doctorate. Faculty salaries are rated average for Category IIA institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 9; average business class size is 25.

Purdue University-Calumet Campus, School of Management Unique Programs

Library

Publications for the business school contained in the main library consist of more than 222,000 volumes and 500,000 microform items, and subscriptions to 1700 periodicals. The business library is particularly strong in finance, accounting, marketing, and operations. Students have access to databases and networks in the fields of business and allied subject areas. Other opportunities for research consist of Krannert Library at Purdue/West Lafayette and the Center for Research Library in Chicago.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of 400 PCs, 3 VAX super-minicomputers, an IBM 4341 mainframe, a local area network, and a desktop publishing laboratory.

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. 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 2<1/2> years of study.

Calendar

The school operates on a traditional semester basis. Semesters are 16 weeks long; summer sessions, 8 weeks. Graduate programs are offered during the evening only and weekends.

Purdue University-Calumet Campus, School of Management Admissions

A bachelor’s degree is required, along with a GPA of 3.0 and a GMAT score of 500. Most important admissions factors are academic accomplishments and ability, GMAT results, and management potential. A strong mathematics background is required.

Transfers are accepted.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $55, 3 letters of recommendation, and a statement of purpose. Check with the school for current applications deadlines.Students are notified before the semester begins of the admissions decision. Once accepted, students may defer admission for up to 2 sessions after the one for which they were originally accepted.

Purdue University-Calumet Campus, School of Management Financial Aid

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

Tuition for in-state residents is $213 per credit. Nonresidents pay $456 per credit. Graduate student housing is not available.

Purdue University-Calumet Campus, School of Management Students

Ninety percent of the current graduate business school class have had an average of 7 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from Indiana (63%). Thirty-nine percent are women, 16% are minorities, and 3% are foreign nationals. The average age at entrance is 30; ages range from 21 to 51. Fifteen percent enter directly from undergraduate school; 5% already have a graduate degree. Students’ undergraduate majors were as follows: 70%, engineering; 10%, business; 5%, social sciences; and 2%, math and science. About 2% of entering students leave by the end of the first year due to academic or personal reasons; 90% remain to receive their degree.