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Graduate School of Business Administration

Graduate School of Business Administration Rating: 5.0/5 (1 votes)

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Academics

The Graduate School of Business Administrati offers the Master of Business Administration (MBA), Master of Science in Taxation (MST), Master of Science in Finance (MSF), Master of Science in Accounting (MSA), Master of Science in Accounting, Master of Business Administration (MSA/MBA), Master of Science in Finance, Master of Business Administration (MSF/MBA), Master of Science in Nursing, Master of Business Administration (MSN/MBA), and Doctor of Law/Master of Business Administration (JD/MBA) as well as a joint degree in Law (JD/MBA), Accounting (MSA/MBA), Finance (MSF/MBA), Medicine (MD/MBA), and Nursing (MSN/MBA). Other programs include the 21-month Cooperative Education MBA, which includes a 6-month co-op MBA-level job experience; the High Technology MBA, designed for technology professionals working full time; and the Executive MBA, 16-month program for experienced business professionals. There is study abroad in 4 countries and there are internships available in the MSAccounting/MBA program. The strongest areas of study are global business, technological innovation and entrepreneurship, finance, marketing, and operations/supply chain management. The most popular courses are in entrepreneurship, finance, international business marketing, and operations and supply chain management. Regular programs bring distinguished speakers and visiting professors to campus. The MBA Executive Speaker Series, CEO Breakfast Series, an Executives-in-Residence program, and several courses and periodic lectures involve faculty from abroad and participation from business leaders.

Sixty total credits are required to complete the MBA, including 24 elective credits. Required courses include:

  • Marketing and Customer Value
  • Management of Information Resources
  • Economics for Managerial Decision Making
  • Data Analysis for Decision Making
  • Operations Management
  • Financial Reporting and Decision Making
  • Managing the Supply Chain
  • Organizations in the New Economy
  • Global Management
  • Career Management
  • Innovation and Enterprise Growth
  • Strategic Decision Making

Required courses for the MSF include:

  • Financial Theory and Policy
  • Analysis of Financial Institutions and Markets
  • Investment Analysis
  • International Financial Markets
  • Financial Seminar
  • Financial Strategy

Required courses for the MST include:

  • Federal Tax Issues and Analysis
  • Corporations and Shareholders
  • Estate and Gift Taxation
  • Tax Research Methodology
  • Tax Practice, Procedure, and Ethics
  • Partners and Partnerships

Required courses for the MSA include:

  • Accounting
  • Management Control Systems
  • Business Entity Taxation
  • Financial Reporting for Integrated Multinational Enterprises
  • Professional Environment of the Audit and Assurance Industry
  • Contemporary and Emerging Issues in Financial Reporting
  • General Management
  • Management Communication Technolgy Enterpreneurship and Enterprise Growth

Students may eliminate or substitute requirements course waivers and advanced standing are evaluated at the time of admissions on a case-by-case basis.

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 2 year; maximum, 7 years. For students attending part time, the minimum is 16 months; maximum, 7 years.

There are 104 total full-time graduate business faculty, of whom 90% hold a doctorate; there are 15 part-time faculty, of whom 40% hold a doctorate. Faculty salaries are rated above average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 4; average business class size is 28.

Admissions

A bachelor’s degree is required, along with a GPA of 3.0. Most important admissions factors are academic accomplishments and ability, work experience, and management potential. A strong mathematics background is required.

The number of applicants for the 2006-2007 class was 677; 430 were accepted; 255 enrolled. The average GPA was 3.4; average GMAT score was 584. Transfers are accepted. Minority students are actively recruited through scholarships, assistantships, events, and targeted advertising.

Students may begin the MBA program in the fall and spring. To apply, students must submit an application form, a transcript for each school attended, GMAT scores, a nonrefundable application fee of $100, 2 letters of recommendation, application essays (3 required, 1 other optional), and a current resume. The application deadlines are April 15 for fall entry; November 1, spring. Students are notified of the admissions decision according to the application timetable. Once accepted, students may defer admission a year deferral may be granted.

Financial Aid

About 57% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $20,421 annually; maximum $65,881. Stipends and programs available for minority students include Martin Luther King Jr. fellowships, Dean’s scholarships, and the Northeastern/National Society of Hispanic MBAs Graduate Scholarship. The FAFSA is required. Check with the school for current application deadlines.

Tuition for all students is $1050 per credit, or $31,500 per year. On-campus room and board costs approximately $14,250; books and supplies, $1500; personal expenses, $3000; and other fees, $395, for an estimated annual total of $50,645. Graduate student housing is limited on campus, and the majority of MBA students live off campus. There is a referral service to help procure off-campus housing.

Students

Thirty-seven percent of the current graduate business school class are enrolled full time; 88% 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 Massachusetts (80%). Forty percent are women, 19% are minorities, and 13% are foreign nationals. The average age at entrance is 29; ages range from 21 to 57. Twelve percent enter directly from undergraduate school; 1% already have a graduate degree. Students’ undergraduate majors were as follows: 40%, business; 26%, engineering; 11%, liberal arts; 10%, social sciences; 8%, economics; and 2%, math and science. In 2006, 356 graduate business degrees were awarded.

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