B. I. Moody III College of Business

University of Louisiana at Lafayette, B. I. Moody III College of Business History

University of Louisiana at Lafayette, founded in 1898, is a public, coeducational institution. The 736-acre campus is located in an urban area in the French Acadian section of Louisiana. Total undergraduate and graduate enrollment is approximately 16,400.

The B. I. Moody III College of Business was founded in 1975 and is located on the main campus, in its own building, Moody Hall. The basic educational approach is an emphasis on developing and integrating core business competencies through a variety of face-to-face instructional approaches, including significant interaction with regional businesses and organizations.

University of Louisiana at Lafayette, B. I. Moody III College of Business Academics

The MBA Program offers the Master of Business Administration (MBA) and Master of Business in Health Care Administration (MBA/HCA). Other programs include foreign exchange with France, joint research programs, and a Strategic Management Plan Development capstone course. The strongest areas of study are management and health care administration. The most popular courses are Marketing, International Business, and Financial Management and Policy. Regular programs bring distinguished speakers and visiting professors to campus including the Business Excellence speaker series and the Executive-in-Residence program.

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

• Analytical Methods for Planning and Control
• Managerial Economics
• Organizational Behavior and Leadership
• Advanced Financial Management and Policy
• Marketing Management
• Management of Information Technology
• International Business
• Policy Formulation, Strategy, and Administration
• Data Analysis

Required courses for the MBA/HCA include:

• Organizational Behavior in Health Care
• Quality Management in Health Care
• Health Care Information Systems
• Strategic Management in Health Care
• Internship in Health Care

Students may eliminate or substitute requirements by transferring up to 9 credit hours from AACSB International accredited institutions.

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 1<1/2> years; maximum, 6 years. For students attending part time, the minimum is 2<1/2> years; maximum, 6 years.

There are 53 total full-time graduate business faculty, all of whom hold a doctorate; there are 10 part-time faculty, of whom 66% hold a doctorate. Faculty salaries are rated well below average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 28.

University of Louisiana at Lafayette, B. I. Moody III College of Business Unique Programs

Library

Publications for the business school contained in the main library consist of more than 1 million volumes and 2 million microform items, and subscribes to 6000 periodicals. The business library is particularly strong in management, finance, economics, and marketing. Students have access to such databases and networks as Value Line, Compustat, ABI-Inform, and Business Premier. Other opportunities for research consist of many research centers at the university.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of 220 terminals accessing the college’s network and the university’s IBM 3090 mainframe computer.

Career and Job Placement

In spring 2006, 60 companies recruited on campus. Thirty percent were national corporations. Average starting salary of the graduating class was $57,000. The percentage of graduates finding jobs were:

• local large enterprises 30%
• local small enterprises 30%
• self-employment 20%
• national corporations 10%
• regional corporations 10%

Placement services are limited, since most students are already employed full time. Placement services for alumni include access to all university career services. Placement is available through the university placement office. Ninety-six percent of the most recent graduating class found jobs within three months of receiving their degree.

International Students

International students must take the TOEFT. International students must score 550 on the Paper-Based TOEFL (PBT) or 81 on the Internet-Based version (iBT). 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 $30 application fee. Financial aid is available for these students and consists of loans and assistantships. The application deadline for fall entry is June 1.

Calendar

The school operates on a traditional semester basis. Semesters are 14 weeks long; summer sessions, 4 weeks. Graduate programs are offered during the day and evening.

University of Louisiana at Lafayette, B. I. Moody III College of Business Admissions

A bachelor’s degree is required, along with a GPA of 2.75 and a GMAT score of 450. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1000. Most important admissions factors are GMAT results, grades in upper-level courses, and work experience. A strong mathematics background is required.

The number of applicants for the 2006-2007 class was 139; 84 were accepted; 67 enrolled. The average GPA was 3.3; average GMAT score was 537. Transfers are accepted. Minority students are actively recruited from the university’s undergraduates, from other business schools in the state, and from GMAT report forms.

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 $25, 3 letters of recommendation, a resume, and a personal narrative. The application deadlines are July 15 for fall entry; December 15, spring; May 1, summer. Students are notified of the admissions decision as soon as the approval is processed. The latest acceptable test date for fall entry is July 30. Once accepted, students may defer admission for 1 semester.

University of Louisiana at Lafayette, B. I. Moody III College of Business Financial Aid

About 29% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $9750 annually. The school’s own financial statement is required. Check with the school for information and deadlines at www.ull.edu.

On-campus room and board costs approximately $5850; books and supplies, $1200; personal expenses, $1500, for an estimated annual total of $11,450 for in-state residents and $16,950 for out-of-state residents. Graduate student housing is available in campus dormitories and in campus apartments. Many other rentals are available within close proximity.

University of Louisiana at Lafayette, B. I. Moody III College of Business Students

Fifty-five percent of the current graduate business school class are enrolled full time; 80% have had an average of 6 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from Louisiana (85%). Forty-eight percent are women, 13% are minorities, and 12% are foreign nationals. The average age at entrance is 28; ages range from 22 to 61. Fifteen percent enter directly from undergraduate school; 10% already have a graduate degree. Students’ undergraduate majors were as follows: 51%, business; 15%, math and science; 12%, engineering; 12%, liberal arts; 8%, social sciences; and 2%, economics. About 2% of entering students leave by the end of the first year due to academic or personal reasons; 92% remain to receive their degree.