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Home » University of Massachusetts-Lowell

1 University Avenue
Lowell, MA 01854
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f. (978) 934-4017

College of Management

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Academics

The College of Management offers the Master of Business Administration (MBA) as well as a joint degree in engineering (doctor of engineering). Other programs include work-study and internships. The strongest areas of study are information technology, accounting, and finance. The most popular courses are Operations Management, Corporate Finance, Strategy, Negotiations, Organization Design and Change, Customers and Markets, Accounting for Management Decisions, and Management Information Systems. Regular programs bring distinguished speakers and visiting professors to campus, including Executive Technology Forum, Policy and Planning Lecture Series, Executive-in-Residence program, and College of Management Lecture Series.

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

  • Accounting Information for Management Decisions
  • Financial Accounting
  • Business Financial Analysis
  • Marketing Fundamentals
  • Management Information Systems
  • Operations Fundamentals
  • Organizational Behavior
  • Global Enterprise and Competition
  • Operations Management
  • Corporate Finance
  • Analysis of Customers and Markets
  • Managing Organizational Design and Change
  • Strategy Formulation and Implementation

Foundation core courses may be replaced by previous course work.

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 year; maximum, 2 years. For students attending part time, the minimum is 3 years; maximum, 5 years.

There are 36 total full-time graduate business faculty, all of whom hold a doctorate; there are 20 part-time faculty, of whom 30% 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 2; average business class size is 15.

Admissions

A bachelor’s degree is required, along with a GPA of 2.5. Most important admissions factors are work experience, GMAT results, academic accomplishments and ability, and grades in upper-level courses. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 80; 41 were accepted; 35 enrolled. The average GPA was 3.29; average GMAT score was 540. Transfers are accepted. Minority students are actively recruited by the Minority Affairs Office and various recruiting forums.

Students may begin the MBA program in the fall and spring. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $20 for in-state residents and $25 for all others, 3 letters of recommendation, a 1-page typed statement of purpose, and a resume detailing work experience. The application deadline is rolling for fall entry. Students are notified of the admissions decision within 2 weeks of a completed application. Once accepted, students may defer admission for up to 2 semesters.

Financial Aid

Stipends and programs are available for minority students. Check with the school for current application deadlines.

Tuition for in-state residents is $91 per credit, or $1638 per year. Nonresidents pay $357 per credit, or $6426 per year. On-campus room and board costs approximately $6311; books and supplies, $1000; personal expenses, $2500; and other fees, $6318 to $9054, for an estimated annual total of $17,767 for in-state residents and $25,291 for out-of-state residents. Graduate student housing is available in campus residence halls. There is a referral service to help procure off-campus housing.

Students

Five percent of the current graduate business school class are enrolled full time; 99% have 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 are from the Northeast (80%). Thirty percent are women, 14% are minorities, and 10% are foreign nationals. The average age at entrance is 32; ages range from 23 to 56. One percent enter directly from undergraduate school; 5% already have a graduate degree. Students’ undergraduate majors were as follows: 43%, engineering; 34%, business; 8%, liberal arts; 6%, math and science; 6%, computer science; and 3%, economics. 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, 74 graduate business degrees were awarded.

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