College of Business Administration

University of Louisiana at Monroe, College of Business Administration History

University of Louisiana at Monroe, founded in 1931, is a public, coeducational institution. The 238-acre campus is located in an urban area 100 miles east of Shreveport. Total undergraduate and graduate enrollment is 8571.

The College of Business Administration was founded in 1964 and is located on the main campus. Courses also are offered at Shue Yan College, Hong Kong (MBA). The basic educational approach is to emphasize problem-solving techniques and analytical procedures.

University of Louisiana at Monroe, College of Business Administration Academics

The College of Business Administration offers the Master of Business Administration (MBA). Regular programs bring distinguished speakers and visiting professors to campus.

Twenty-four total credits are required to complete the MBA, including 6 to 9 elective credits. Required courses include:

• Management Information Systems
• Economic Environment
• Accounting Analysis for Decision Making
• Financial Analysis
• Marketing Strategy
• Organizational Theory and Behavior
• International Business
• Strategic Management

Students may eliminate or substitute requirements through transfer of up to 6 credit hours from an AACSB school.

Business students may take relevant nonbusiness courses in other departments. The maximum time permitted to complete the master’s degree program attending full time or part time is 6 years.

There are 14 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 3; average business class size is 20.

University of Louisiana at Monroe, College of Business Administration Unique Programs

Library

The university’s main library houses a collection of more than 642,582 volumes and 614,669 microform items, and subscribes to 2761 periodicals.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of 148 PCs on a LAN. Software includes Microsoft Office XP, Project, Visual Basic, Front Page Express, Windows XP, SPSS, and Visio.

Career and Job Placement

Majors most in demand by companies recruiting in 2006 were accounting. Placement services are limited, since most students are already employed full time. Placement services for alumni include all services available to graduate students. 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 confidential physical examination form completed by a physician, and proof of adequate funds. There is a special fee of $212 per semester for insurance and a service fee. Financial aid is available for these students and consists of assistantships. The application deadline for fall entry is open.

Calendar

The school operates on a traditional semester basis. Semesters are 17 weeks long; summer sessions, 6 weeks. Graduate programs are offered during the day and evening.

University of Louisiana at Monroe, College of Business Administration Admissions

A bachelor’s degree is required, along with a GPA of 2.3 and a GMAT score of 400. The formula for using the GPA and GMAT scores is (GPA x 200) + GMAT. Most important admissions factors are academic accomplishments and ability, grades in upper-level courses, and GMAT results. A strong mathematics background is not required.

The average GPA was 3.14; average GMAT score was 490. Transfers are accepted. Minority students are actively recruited by encouraging the university’s own undergraduate minority students to apply.

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 $20, 3 letters of recommendation, and an academic and work resume. Students are notified of the admissions decision as soon as admission material has been received. The latest acceptable test date for fall entry is June. Once accepted, students may defer admission for up to 1 year.

University of Louisiana at Monroe, College of Business Administration Financial Aid

The school’s own financial statement are required. Check with the school for current deadlines.

Tuition for in-state residents is $124 per credit, or $3360 per year. Nonresidents pay $124 per cedit, or $9317 per year. On-campus room and board costs approximately $4500; books and supplies, $1000; personal expenses, $1000, for an estimated annual total of $9860 for in-state residents and $15,817 for out-of-state residents. Graduate student housing consists of university-owned residence halls.

University of Louisiana at Monroe, College of Business Administration Students

Thirty-eight percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from Louisiana (80%). Seventy-two percent are women, 21% are minorities, and 11% are foreign nationals. The average age at entrance is 30; ages range from 21 to 51. Five percent already have a graduate degree. Students’ undergraduate majors were as follows: 65%, business; 4%, math and science; 3%, economics; 3%, liberal arts; and 1%, social sciences. In 2006, 40 graduate business degrees were awarded.