Oakland University, School of Business Administration
Academics
The School of Business Administration offers the Master of Business Administration (MBA), Master of Accounting (MAcc), and Master of Science in Information Technology Management (MSITM) as well as a joint JD/MBA with the Thomas M. Cooley Law School. Other programs include interdisciplinary programs in engineering management, and in health safety management, joint research, and a post-master certificate program. The strongest areas of study are management information systems, organizational behavior, finance, marketing, accounting, and international business. The most popular courses are Total Quality Management, international courses, and courses in finance, marketing, and ethics. Regular programs bring distinguished speakers and visiting professors to campus, including the Business Forum, the Dean’s Lecture series, Executive-on-Campus programs, and the Alice Gorlin Memorial Lecture.
Thirty-six total credits are required to complete the MBA, including 15 elective credits. Required courses include:
Managerial Accounting Systems
Managerial Economics
Marketing Management
Enterprise Information Systems
Operations Management
Policy, Strategy, and Goals
Financial Management
Statistical Analysis
International Business
Organizational Behavior
Legal Environment of Business
Required courses for the MAcc include:
Accounting and Communications
Professional Issues in Accounting
Financial Management
15 credits of accounting electives
Required courses for the MSITM include:
Managerial Accounting Systems
Marketing Management
Organizational Behavior
Operations ManagementorFinancial Management
Introduction to Information Systems Management
Technology of Information Systems
Systems Analysis
Systems Design
Software Project Management
Project Seminar
Students may eliminate or substitute requirements based on previous graduate or undergraduate course work. Students may be exempted from any core course except Policy, Strategy, and Goals. MBA students must take at least 1 graduate-level course in each of the functional areas.
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 50 total full-time graduate business faculty, of whom 96% hold a doctorate; there are 15 part-time faculty. Faculty salaries are rated above average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 5; average business class size is 35.
Oakland University, School of Business Administration
Admissions
A bachelor’s degree is required, along with a GPA of 3.0 and a GMAT score of 500. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1050. Most important admissions factors are academic accomplishments and ability, GMAT results, and grades in upper-level courses. A strong mathematics background is required.
The number of applicants for the 2006-2007 class was 120; 112 were accepted; 86 enrolled. The average GPA was 3.21; average GMAT score was 543. Transfers are accepted. Minority students are actively recruited by participating in National Black MBA Association functions (Detroit chapter) and offering scholarships.
Students may begin the MBA program in the fall, winter, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $50, and a supplemental MBA application. The application deadlines are August 1 for fall entry; December 1, winter; April 1, spring; June 1, summer. Students are notified of the admissions decision approximately 2 weeks after application. The latest acceptable test date for fall entry is July. Once accepted, students may defer admission for up to 1 year, with a written request.
Financial Aid
Stipends and programs available for minority students include the School of Business Administration/Board of Visitors Tuition/Book Awards, a $500 annual award. The FAFSA, the school’s own financial statement, and the previous year’s tax return are required. The application deadline is January 1 for fall entry.
Tuition for in-state residents is $414 per credit. Nonresidents pay $716 per credit. On-campus room and board costs approximately $7730; books and supplies, $600, for an estimated annual total of $15,782 for in-state residents and $21,231 for out-of-state residents. Graduate student housing consists of dormitories, student apartments, and married-student apartments. There is a referral service to help procure off-campus housing.
Oakland University, School of Business Administration
Students
Ninety-seven percent of the current graduate business school class have had an average of 5 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from Michigan (98%). Ninety percent are minorities and 8% are foreign nationals. The average age at entrance is 28; ages range from 22 to 53. Four percent enter directly from undergraduate school; 5% already have a graduate degree. Students’ undergraduate majors were as follows: 48%, business; 23%, engineering; 13%, math and science; 7%, social sciences; 3%, liberal arts; and 1%, economics. In 2006, 187 graduate business degrees were awarded.
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Rochester, MI 48309-4493
p. (248) 370-3287
f. (248) 370-4964