Office of Graduate Studies/College of Business

University of Southern Indiana, Office of Graduate Studies/College of Business History

University of Southern Indiana, founded in 1965, is a public, coeducational institution. The 300-acre campus is located in a rural area midway between Evansville and Mount Vernon. Total undergraduate and graduate enrollment is 10,021.

The Office of Graduate Studies/College of Business was founded in 1988 and is located on the main campus. The basic educational approach concentrates on theoretical aspects of business and emphasizes general management issues rather than technical skills in a restricted area of business.

University of Southern Indiana, Office of Graduate Studies/College of Business Academics

The College of Business offers the Master of Business Administration (MBA). Regular programs bring distinguished speakers and visiting professors to campus. The semiannual Executive-in-Residence program provides public speeches and meetings with students in small groups.

Thirty total credits are required to complete the MBA. Required courses include:

• Leadership Skills Development
• Accounting for Decision Making and Control
• Legal and Social Environment of Business
• Information Systems and Technology
• Quantitative Methods for Decision Support
• Business Economics and Forecasting
• Financial Management and Markets
• Marketing Strategies
• Organizational Behavior and Human Resources Management
• Strategic and International Management

Students may eliminate or substitute requirements for prerequisites.

The maximum time permitted to complete the master’s degree program attending part time is 7 years.

There are 18 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated well 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 21.

University of Southern Indiana, Office of Graduate Studies/College of Business Unique Programs

Library

The university’s main library houses a collection of more than 328,734 volumes, 574,304 microform items, and 5587 audio/video tapes/CDs, and subscribes to 15,153 periodicals. Students have access to such databases and networks as ABI/INFORM.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities.

Career and Job Placement

Average starting salary of the most recent graduating class was $8340; range was $34,000 to $75,000. 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 the entire period of study.

Calendar

The school operates on a traditional semester basis. Semesters are 15 weeks long; summer sessions, 7 weeks. Graduate programs are offered during the evening only.

University of Southern Indiana, Office of Graduate Studies/College of Business Admissions

A bachelor’s degree is required, along with a GPA of 2.5 and a GMAT score of 500. Most important admissions factors are GMAT results, academic accomplishments and ability, and work experience. A strong mathematics background is required.

The number of applicants for the 2006-2007 class was 56; 22 were accepted; 16 enrolled. Transfers are accepted. Minority students are actively recruited.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, GMAT scores, a nonrefundable application fee of $25, and evidence of work experience. The latest acceptable test date for fall entry is 1 month prior to the start of the semester.

University of Southern Indiana, Office of Graduate Studies/College of Business Financial Aid

About 24% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $10,145 annually; maximum $17,902. The FAFSA and the school’s own financial statement are required. The application deadline is March 1 for fall entry.

Tuition for in-state residents is $216 per credit, or $3888 per year. Nonresidents pay $426 per credit, or $7668 per year. On-campus room and board costs approximately $5972; books and supplies, $900; personal expenses, $1822; and other fees, $220, for an estimated annual total of $12,802 for in-state residents and $16,582 for out-of-state residents. Graduate student housing is in apartment units.

University of Southern Indiana, Office of Graduate Studies/College of Business Students

Four percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from the Midwest (99%). Thirty-eight percent are women, 4% are minorities, and 42% are foreign nationals. The average age at entrance is 30; ages range from 22 to 59. About 44% of entering students leave by the end of the first year due to academic or personal reasons. In 2006, 34 graduate business degrees were awarded.