College of Business

East Carolina University, College of Business History

East Carolina University, founded in 1907, is a public, coeducational institution. The 419-acre campus is located in a small town 80 miles east of Raleigh. Total undergraduate and graduate enrollment is 23,164.

The College of Business was founded in 1966 and is located on the main campus. The basic educational approach is a blend of teaching methods, including lectures, discussions, computer simulations, team projects, cases, and independent research.

East Carolina University, College of Business Academics

The College of Business offers the Master of Business Administration (MBA) and Master of Science in Accounting (MSA) as well as a joint degree in in medicine (MBA/MD). Other programs include interdisciplinary programs in health care management, enviromental and development planning, international management, school business management, management information systems, taxation, sport management, hospitality management, security studies, and finance, work-study and internships through cooperative education; and foreign exchange with Australia, France, Mexico, and Scotland. The most popular courses are Finance and Marketing. Regular programs bring distinguished speakers and visiting professors to campus. .

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

• First Year:
• Financial and Managerial Accounting
• Quantitative Methods
• Management Information Systems I
• Analysis of the Business Environment
• Operations Management
• Advanced Writing for Business
• Financial Management I
• Government Regulation of Business
• Comparative Management
• Marketing Management
• Second Year:
• Management Science
• Statistical Methods
• Financial Management II
• Marketing Strategy
• Business Policies
• Accounting for Decision Making
• Organizational Behavior

Required courses for the MSA include:

• Accounting Information Systems
• Law for Professional Accountants
• Financial Management II
• Human Resources
• Accounting Theory
• Federal Income Taxation
• Advanced Federal Taxation
• Auditing Seminar
• The Professional Accounting Environment

Students may eliminate or substitute requirements for MBA first-year courses (30 semester hours) if completed as undergraduate 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 or part time is 1 year; maximum, 6 years.

There are 60 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.

East Carolina University, College of Business Unique Programs

Library

The university’s main library houses a collection of more than 154,700 volumes and 31,000 microform items, and subscribes to 6000 periodicals. Students have access to such databases and networks as Compustat and CRSP. Other opportunities for research consist of Access, ABI/INFORM, MarCive, InfoTrac, Dialog, and the Internet.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of more than 100 IBM-compatible PCs. Software includes all Microsoft products, SAS, Netscape, Internet Explorer, Peachtree Accounting, and RIA. School of Business students and faculty may use the laboratory 6 days a week.

Career and Job Placement

Majors most in demand by companies recruiting in 2006 were accounting, manufacturing, banking, and health care management. Placement services are extensive. Placement services for alumni include a full range of services. Placement is available through a separate placement office for graduate business students and the university placement office.

International Students

International students must take the TOEFL. International students must score 550 on the Paper-Based TOEFL (PBT) or 80 on the Internet-Based (iBT) version. They also must submit a translation of their transcripts, proof of health consisting of student health forms and inoculation records, and proof of adequate funds to cover 1 year of study. Financial aid is available for these students and consists of assistantships and very limited out-of-state tuition waviers. The application deadline for fall entry is June 1.

Calendar

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

East Carolina University, College of Business Admissions

A bachelor’s degree is required. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 950 (MBA), 1000 (MSA). Most important admissions factors are academic accomplishments and ability, GMAT results, and grades in upper-level courses. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 243; 204 were accepted; 174 enrolled. The average GPA was 3.12; average GMAT score was 506. Transfers are accepted. Minority students are actively recruited by minority career days and mailings.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, and a nonrefundable application fee of $50. The application deadline is rolling for fall entry. Students are notified of the admissions decision as soon as applications are processed. The latest acceptable test date for fall entry is June. Once accepted, students may defer admission for up to 1 year.

East Carolina University, College of Business Financial Aid

The FAFSA is required. Check with the school for current application deadlines.

Tuition and fees for in-state students total $5564 per year; nonresidents pay $15,880. There is no separate graduate student housing. Housing for single graduate students is available in honors dorms. Sufficient rental housing is available. There is a referral service to help procure off-campus housing.

East Carolina University, College of Business Students

Fifty percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from North Carolina (90%). Forty-four percent are women, 17% are minorities, and 4% are foreign nationals. Ages range from 22 to 58. Two percent already have a graduate degree. Students’ undergraduate majors were as follows: 50%, business; 9%, liberal arts; 8%, math and science; 7%, engineering; and 7%, social sciences. In 2006, 166 graduate business degrees were awarded.