College of Business and Technology

Eastern Kentucky University, College of Business and Technology History

Eastern Kentucky University, founded in 1906, is a public, coeducational institution. The 250-acre campus is located in a small town 20 miles south of Lexington. Total undergraduate and graduate enrollment is approximately 15,900.

The College of Business and Technology was founded in 1967 and is located on the main campus. The basic educational approach is a mix of the theoretical and the case methods.

Eastern Kentucky University, College of Business and Technology Academics

The College of Business offers the Master of Business Administration (MBA). The strongest areas of study are general business and finance. The most popular courses are Finance and Accounting. Regular programs bring distinguished speakers and visiting professors to campus. The Executive-in-Residence program brings in regional executives for short periods of interaction.

Thirty total credits are required to complete the MBA, including 9 elective credits. Required courses include:

• Managerial Accounting
• Information Systems
• Problems in Managerial Finance
• Business Policy
• Administrative Analysis in Organizations
• Marketing Problems
• Business Statistical Methods

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 3 semesters; maximum, 7 years. For students attending part time, the minimum is 6 semesters; maximum, 7 years.

There are 17 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 4; average business class size is 24.

Eastern Kentucky University, College of Business and Technology Unique Programs

Library

The university’s main library houses a collection of more than 870,000 volumes, 1.2 million microform items, and 19,000 audio/video tapes/CDs, and subscribes to 3500 periodicals. The business library is particularly strong in marketing. Students have access to more than 300 on-line business-related journals, more than 80 on-line databases, the e-Quest catalog, and the statewide Kentucky Virtual Library. Other opportunities for research consist of Internet access and interlibrary loans.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of a 108-station networked laboratory. Many stations have Internet access.

Career and Job Placement

The major most in demand by companies recruiting in a recent year, was management. 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. They also must submit a translation of their transcripts and proof of adequate funds to cover up to 4 years of study. Financial aid is available for these students and consists of work-study programs. The appliction deadlines for fall entry is June 1.

Calendar

The school operates on a traditional semester basis. Semesters are 15 weeks long; summer sessions, 8 weeks. Graduate programs are offered during the evening only and weekends.

Eastern Kentucky University, College of Business and Technology Admissions

A bachelor’s degree is required, along with a GPA of 2.5 and a GMAT score of 410. The formula for using the GPA and GMAT scores is (GPA x 200) + GMAT, or minimum 950. Most important admissions factors are academic accomplishments and ability, GMAT results, and management potential. A strong mathematics background is not required.

Transfers are accepted. Minority students are actively recruited by direct mail, school visitations, and minority fellowships and assistantships for in-state students.

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 $35, and 3 letters of recommendation. The application deadlines are July 9 for fall entry; November 20, spring; April 5, summer. Students are notified as early as possible of the admissions decision. Once accepted, students may defer admission for up to 2 semesters.

Eastern Kentucky University, College of Business and Technology Financial Aid

Stipends and programs available for minority students include fellowships or assistantships for eligible in-state African-American students. The school’s own financial statement and the previous year’s tax return are required. Check with the school for current application deadlines.

Tuition for in-state residents is $5610 per year. Nonresidents pay $15,910 per year. On-campus room and board costs approximately $4300. Graduate student housing includes 2 residence halls for students over 21 years old and efficiency apartments for single and married students.

Eastern Kentucky University, College of Business and Technology Students

Twenty-six percent of a recent graduate business school class were enrolled full time; 85% had an average of 8 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from Kentucky (65%). Thirty-nine percent were women, 7% were minorities, and 15% were foreign nationals. The average age at entrance was 30; ages ranged from 24 to 55. Ten percent entered directly from undergraduate school; 1% already have a graduate degree. Students’ undergraduate majors were as follows: 65%, business; 15%, engineering; 10%, liberal arts; and 10%, social sciences. About 10% of entering students leave by the end of the first year due to academic or personal reasons; 90% remain to receive their degree. In a recent year, 36 graduate business degrees were awarded.