College of Administration and Business

Louisiana Tech University, College of Administration and Business History

Louisiana Tech University, founded in 1894, is a public, coeducational institution. The 225-acre campus is located in a small town 70 miles east of Shreveport. Total undergraduate and graduate enrollment is approximately 11,710. Check with the school for the most current information.

The College of Administration and Business was founded in 1963 and is located on the main campus. Courses also are offered at Barksdale Air Force Base (MBA). The basic educational approach is a mix of theory and case method.

Louisiana Tech University, College of Administration and Business Academics

The college offers the Master of Business Administration (MBA) and Master of Professional Accountancy (MPA) as well as a doctoral program in business administration (DBA). The strongest areas of study are accounting, economics, finance, management, marketing, and quantitative analysis. The most popular courses are in accounting, finance, management, and marketing.

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

• Accounting Analysis for Decision Making
• Managerial Economics
• Financial Management
• Administrative Policy
• Information Resource Management
• Marketing Management
• Contemporary Management
• Quantitative Approaches for Decision Making

Required courses for the MPA include:

• Contemporary Accounting Theory or Seminar in Financial Accounting
• Advanced Managerial Accounting
• Advanced Auditing
• Cases and Problems in Income Taxes
• Business Law for Accountants

Students may eliminate or substitute requirements by transferring up to 6 hours of graduate study.

The minimum time permitted to complete the master’s degree program attending full time is 1 year; maximum, 6 years. For students attending part time, the minimum is 2 years; maximum, 6 years.

There are 40 total full-time graduate business faculty, all of whom hold a doctorate; there is 1 part-time faculty member. Faculty salaries are rated well below average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 26.

Louisiana Tech University, College of Administration and Business Unique Programs

Library

The Prescott Memorial Library houses a collection of more than 429,647 volumes, 360,000 microform items, and 574,918 audio/video tapes/CDs, and subscribes to 2797 periodicals. The business library is particularly strong in accounting, economics, finance, management, and marketing. Students have access to such databases and networks as BEA, Citibase, Compustat, CRSP, Compact Disclosure, IFS, ABI/INFORM, Lexis/Nexis, Hoover’s, Value Line, Zach’s, Business Source Premier, CCH, TaxService, West Law Campus, JSTOR, and Project Msse. Other opportunities for research consist of summary-tape files and microdata files from the Census Bureau, interlibrary loans, Netlibrary, and more than 2 million government documents.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of 94 PCs and software, with mainframe and Internet access.

Career and Job Placement

Placement services are extensive, and those available to alumni include seminars, on-campus recruiting, a job opportunities bank and national database, job fairs, and a career library. Placement is 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, proof of health consisting of an immunization record, and proof of adequate funds to cover 1 year of study. There is a $40 application fee. Financial aid is available for these students and consists of assistantships after acceptance and interview. The application deadline for fal entry is June 1.

Calendar

The school operates on a quarter basis. Quarters are 12 weeks long; summer sessions, 6 weeks. Graduate programs are offered during the day and evening.

Louisiana Tech University, College of Administration and Business Admissions

A bachelor’s degree is required, along with a GPA of 2.75 and a GMATscore of 450. The formula for using the GPA and GMAT scores is (undergraduate GPA x 200) + GMAT, or minimum 1100. Most important admissions factors are academic accomplishments and ability, GMAT results, and grades in upper-level courses. A strong mathematics background is not required.

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, a nonrefundable application fee of $30, and 3 letters of recommendation. The application deadlines are August 1 for fall entry; November 1, winter; February 1, spring; May 1, summer. Students are notified of the admissions decision shortly after a decision is made. Once accepted, students may defer admission for up to 3 quarters.

Louisiana Tech University, College of Administration and Business Financial Aid

Stipends and programs available for minority students include minority doctoral fellowships. The FAFSA is required. Check with the school for current application deadlines.

Tuition for in-state residents is approximately $3500 per year. Nonresidents pay approximately $7300 per year. On-campus room and board costs approximately $4100. Other fees total approximately $4500. Graduate student housing consists of a quiet floor and married-student housing.

Louisiana Tech University, College of Administration and Business Students

Seventy-three percent of a recent graduate business school class erre enrolled full time; 56% had an average of 6 of full-time work experience prior to entering graduate school. The greatest percentage of students were from Louisiana (50%). Forty-five percent were women, 7% were minorities, and 39% were foreign nationals. Students’ undergraduate majors were as follows: 35%, human ecology and education; 26%, liberal arts; 17%, engineering; 15%, business; 7%, math and science; and 5%, social sciences. About 10% of entering students leave by the end of the first year due to academic or personal reasons. In a recent year, 70 graduate business degrees were awarded.