Graduate Business Programs

University of Indianapolis, Graduate Business Programs History

University of Indianapolis, founded in 1902, is a private, coeducational institution affiliated with the Methodist Church. The 60-acre campus is a 10-minute drive from downtown Indianapolis. Total undergraduate and graduate enrollment is 4400.

The Graduate Business Programs was founded in 1974 and is located on the main campus, in its own building, Good Hall. Courses also are offered at Fedex (Indianapolis Airport), Rolls Royce, Raytheon and branch campus in Athens, Greece (MBA). The basic educational approach is to focus on the communication and decision-making responsibilities of modern managers. Ethics in decision-making is stressed. A mix of theoretical and case methods is used.

University of Indianapolis, Graduate Business Programs Academics

The Graduate Business Programs offers the Master of Business Administration (MBA), Executive Master of Business Administration (EMBA), and Master of Accounting (MAcc). Other programs include cross-registration with University of Indianapolis, Athens campus, foreign exchange with 4 countries, and internship programs. The strongest areas of study are Supply Chain Management and Finance. The most popular courses are Supply Chain Management, Project Management, and Financial Engineering.

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

• Advanced Organizational Behavior
• Financial Management
• Operations Management
• Statistical Inference
• International Business Seminar
• Strategic Management
• Effective Communications
• Managerial Application of Accounting Data
• Simulated Financial Management
• Marketing Management
• Ethical Values in Business
• Business Condition Analysis

Required courses for the MAcc include:

• Advanced Tax Research
• Special Industries Accounting and Auditing
• Advanced Accounting Problems
• Governmental and Not-for-Profit Accounting
• Managing an Accounting Practice
• Forensic Accounting and Fraud Auditing
• Effective Communication
• Statistical Inference
• Personal Financial Management
• Operations Research

Students may eliminate or substitute requirements.

Business students may take relevant nonbusiness courses in other departments. The maximum time permitted to complete the master’s degree program attending full time is 5 years.

There are 16 total full-time graduate business faculty, of whom 89% hold a doctorate; there are 10 part-time faculty, of whom 56% 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 18.

University of Indianapolis, Graduate Business Programs Unique Programs

Library

The university’s main library houses a collection of more than 200,000 volumes.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of 4 laboratories equipped with networked PCs.

Career and Job Placement

Placement services are limited, since most students are already employed full time. Placement services for alumni include resume writing, interviewing techniques, career planning, and networking. Placement is available through the university placement office.

International Students

International students must take the TOEFL. They also must submit a translation of their transcripts, proof of health consisting of a certificate of health and proof of insurance, and proof of adequate funds to cover the entire period of study of study.

Calendar

The school operates on a trimester basis. Semesters are 15 weeks long; summer sessions, 12 weeks. Graduate programs are offered during the evening only and weekends.

University of Indianapolis, Graduate Business Programs Admissions

A bachelor’s degree is required, along with a GPA of 2.5. The formula for using the GPA and GMAT scores is (200 X GPA) + GMAT, or minimum 950. Most important admissions factors are academic accomplishments and ability, GMAT results, and motivation. A strong mathematics background is required.

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 and 2 letters of recommendation. An interview is also required. Students are notified on a rolling basis of the admissions decision. Once accepted, students may defer admission.

University of Indianapolis, Graduate Business Programs Financial Aid

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

Tuition for all students is $390 per credit. Graduate student housing consists of on-campus residence halls and off-campus apartments.

University of Indianapolis, Graduate Business Programs Students

Twenty-six percent of the current graduate business school class are enrolled full time; 98% 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 Indiana (98%). Forty-one percent are women and 2% are foreign nationals. The average age at entrance is 30; ages range from 21 to 56. Two percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 35%, liberal arts; 25%, business; 15%, engineering; 5%, math and science; and 5%, social sciences. About 5% of entering students leave by the end of the first year due to academic or personal reasons; 80% remain to receive their degree. In 2006, 61 graduate business degrees were awarded.