Franklin P. Perdue School of Business

Salisbury University, Franklin P. Perdue School of Business History

Salisbury University, founded in 1925, is a public, coeducational institution. The 122-acre campus is located in an urban area 32 miles west of Ocean City and 115 miles southeast of Washington, D.C. Total undergraduate and graduate enrollment is approximately 7383.

The Franklin P. Perdue School of Business was founded in 1982 and is located on the main campus, in its own building, Holloway Hall. The basic educational approach is a blend of theory and applied study, with emphasis on the entrepreneurial spirit and close interaction between the business community and the classroom.

Salisbury University, Franklin P. Perdue School of Business Academics

The Perdue School offers the Master of Business Administration (MBA). Other programs include foreign exchange with 3 countries. The strongest areas of study are marketing and management. The most popular courses are Research Methodology, Organizational Theory, and Corporate and International Business Seminar. Regular programs bring distinguished speakers and visiting professors to campus. These include the Great Leader series and International Scholars, Visiting Professors, and Executive-in-Residence programs.

Thirty total credits are required to complete the MBA, including 3 elective credits. Required courses include:

• Organizational Theory
• Economic Environment of the Organization
• Managerial Accounting
• Corporate Financial Management
• Marketing Strategy
• Management Science Models
• Corporate Strategic Planning and Policy
• International Business Seminar
• External Environment of the Organization

Students may eliminate or substitute requirements by transferring up to 9 semester hours of graduate credit from an AACSB school.

The minimum time permitted to complete the master’s degree program attending full time is 3 semesters; maximum, 7 years. For students attending part time, the minimum is 5 semesters; maximum, 7 years.

There are 19 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 25.

Salisbury University, Franklin P. Perdue School of Business Unique Programs

Library

The Blackwell Library houses a collection of more than 300,000 volumes, 566,000 microform items, and 30,000 audio/video tapes/CDs, and subscribes to 1700 periodicals. The business library is particularly strong in business administration, marketing, and management. Students have access to such databases and networks as Compustat, ABI/INFORM, National Trade Data Bank, and Lexis/Nexis. Other opportunities for research consist of FirstSearch, VICTOR, County Business Patterns, Economic Census, U.S. Imports of Merchandise, and U.S. Exports of Merchandise.

Computers

Graduate business students need not have their own PCs. Available computer facilities consist of PCs at various campus locations, and students have access to the university’s mainframe, a DEC VAX 8300.

Career and Job Placement

Placement services are limited, since most students are already employed full time, and are 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) or 79 on the Internet-Based version (iBT). They also must submit a translation of their transcripts, proof of health consisting of all inoculations, and proof of adequate funds to cover 1 year of study. Financial aid is available for these students and consists of a limited number of graduate assistantships. Check with the school for current application deadlines.

Calendar

The school operates on a traditional semester basis. Semesters are 15 weeks long; summer sessions, 5 weeks. Graduate programs are offered during the evening only.

Salisbury University, Franklin P. Perdue School of Business Admissions

A bachelor’s degree is required, along with a GPA of 2.75. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1000. Most important admissions factors are academic accomplishments and ability, GMAT results, and grades in upper-level courses. A strong mathematics background is not required.

Transfers are accepted. Minority students are actively recruited.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $45, 2 letters of recommendation, a resume, and an essay. An interview is recommended. The application deadlines are March 1 for fall entry; October 1, spring. Students are notified April 1 and November 1 of the admissions decision.

Salisbury University, Franklin P. Perdue School of Business Financial Aid

In a recent year, about 5% of graduate business school students received financial aid from scholarships, loans, and graduate assistantships, for a total average of $4392 annually (maximum). Stipends and programs available for minority students include the Maryland Other Race Grant. The FAFSA is required. The application deadline is open for fall entry.

Tuition for in-state residents is $260 per credit, or $4814 per year. Nonresidents pay $546 per credit, or $12,708 per year.Fees total $1598 per year for all students. Graduate student housing is not available on campus. Students have access to ample off-campus housing.

Salisbury University, Franklin P. Perdue School of Business Students

Forty-five percent of a recent graduate business school class were enrolled full time; 75% had an average of 3 to 5 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from Maryland (65%). Forty-three percent were women, 1% were minorities, and 11% were foreign nationals. The average age at entrance was 24; ages ranged from 21 to 47. Thirty-nine percent entered directly from undergraduate school; 1% already have a graduate degree. Students’ undergraduate majors were as follows: 75%, business; 15%, liberal arts; 3%, engineering; 3%, math and science; and 3%, social sciences.