School of Management

University of Michigan-Dearborn, School of Management History

University of Michigan/Dearborn, founded in 1959, is a public, coeducational institution. The 202-acre campus is located in an urban area 14 miles west of Detroit. Total undergraduate and graduate enrollment is 8566. Figures in the above capsule and in this profile are approximate. Check with the school for the most current information.

Courses also are offered at on-line (webMBA degree program). The basic educational approach is to emphasize learning through application as well as through theoretical conceptualization.

University of Michigan-Dearborn, School of Management Academics

The School of Management offers the Master of Business Administration (MBA), Master of Science in Accounting (MSA), and Master of Science in Finance (MSF) as well as a joint degree in engineering-industrial and manufacturing systems engineering (MBA/MSE-IMSE) and health services administration (MBA/MHSA). Other programs include an interdisciplinary program in engineering management through the School of Engineering, a foreign exchange program with 3 countries, cross-registration with the Horace H. Rackham School of Graduate Studies, work-study programs, and internships with local enterprises. The strongest areas of study are general management, finance, international business, and marketing. Regular programs bring distinguished speakers and visiting professors to campus, including the Building for the Future Series.

Thirty-six total credits are required to complete the MBA, including 6 elective credits. Required courses include:

• Organization Behavior
• Computer and Information Systems
• Applied Statistical Modeling
• Economic Analysis: Firm and Consumer
• Developing and Interpreting Financial Information
• Marketing Management
• Operations Management
• Financial Management I
• Managing Strategic Innovation and Change
• Strategic Planning and Decision Making
• Legal Environment for Managers
• Economic Analysis: National and International

Required courses for the MBA/MSE-IMSE include:

• Organization Behavior
• Computer and Information Systems
• Economic Analysis: Firm and Consumer
• Developing and Interpreting Financial Information
• Marketing Management
• Financial Management I
• Economic Analysis: Industry and the Economy
• Legal Environment for Managers
• Managing Strategic Information and Change
• Strategic Planning and Decision Making
• Production Management
• Optimization
• Multivariate Statistics
• Design and Analysis of Experiments

Required courses for the MSA include:

• Seminar in Financial Accounting Theory
• Advanced Accounting Information Systems

Required courses for the MSF include:

• Financial Management II
• Investment Analysis and Management
• Speculative Markets or
• International Financial Management

Students may eliminate or substitute requirements by transferring credits, by examination, or 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, 7 years. For students attending part time, the minimum is 2 years; maximum, 7 years.

There are 25 total full-time graduate business faculty, all of whom hold a doctorate; there are 10 part-time faculty, of whom 10% hold a doctorate. Faculty salaries are rated above average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 28.

University of Michigan-Dearborn, School of Management Unique Programs

Library

The university’s main library houses a collection of more than 300,000 volumes, 500,000 microform items, and 4061 audio/video tapes/CDs, and subscribes to 1234 periodicals. The business library is particularly strong in management and finance. Students have access to such databases and networks as UMI, ABI/INFORM Global, UMI ProQuest, Lexis/Nexis, Academic Universe, and FirstSearch.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities. The Academic Computing Center has 25 terminals connected to the school’s Windows NT server with access to a wide variety of software. There is an instructional lab with 32 workstations and a campuswide computing center with approximately 100 terminals available to all students from 8 a.m. to midnight, Monday to Friday, and on weekends.

Career and Job Placement

Placement services are limited, since most students are already employed full time. Placement services for alumni include individualized services, providing contacts to companies, a web resume book, and referral to employers. Placement is available through the university placement office and UM Alumni Society.

International Students

International students must take the TOEFL or the University of Michigan Language Test. International students must score 560 on the Paper-Based TOEFL (PBT) or 84 on the Internet-Based (iBT) version. They also must submit a translation of their transcripts, proof of health consisting of health insurance coverage, and proof of adequate funds to cover 2 academic years of full-time study. The application deadline for fall entry is June 1.

Calendar

The school operates on a trimester basis. Trimesters are 14 weeks long; summer sessions, 7 weeks. Graduate programs are offered during the evening only and on-line (webMBA).

University of Michigan-Dearborn, School of Management Admissions

A bachelor’s degree is required. The formula for using the GPA and GMAT scores is (200 x upper-division GPA) + GMAT. Most important admissions factors are grades in upper-level courses, GMAT results, and academic accomplishments and ability. A strong mathematics background is required.

Transfers are accepted. Minority students are actively recruited at minority graduate school information conferences.

Students may begin the MBA program in the fall, winter, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $60, 1 letter of recommendation, a resume, and a personal statement. The application deadlines are August 1 for fall entry; December 1, winter; April 1, summer. Students are notified on a rolling basis of the admissions decision. The latest acceptable test date for fall entry is August. Once accepted, students may defer admission for 1 academic year.

University of Michigan-Dearborn, School of Management Financial Aid

The FAFSA, the school’s own financial statement, and the previous year’s tax return are required. Check with the school for current application deadlines.

Tuition for in-state residents is approximately $370 per credit. Nonresidents pay approximately $850 per credit. Graduate student housing is not available on campus. There is a referral service to help procure off-campus housing.

University of Michigan-Dearborn, School of Management Students

Ten percent of a recent graduate business school class were enrolled full time; all have had an average of 7 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 (90%). Thirty-five percent are women, 31% are minorities, and 6% are foreign nationals. The average age at entrance is 30; ages range from 24 to 54. One percent enter directly from undergraduate school; 22% already have a graduate degree. Students’ undergraduate majors were as follows: 38%, business; 33%, engineering; 11%, education, health care, nursing, and general studies; 7%, liberal arts; 7%, social sciences; and 4%, math and science. In a recent year, 66 graduate business degrees were awarded.