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2500 California Plaza
Omaha, NE 68178
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f. (402) 280-2172

College of Business Administration

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Academics

The College of Business Administration offers the Master of Business Administration (MBA), Master of Security Analysis and Portfolio Management (MSAPM), and Master of Science in Information Technology Management (MSITM) as well as joint degrees in law (JD/MBA), pharmacy (MBA/PharmD), information technology management (MBA/MS-ITM and MS-ITM/JD), and international relations (MBA/MA). Other programs include foreign exchange with China and Germany and credit and noncredit internships. The strongest areas of study are strategic management, business ethics, information technology management, and finance. The most popular courses are Business Ethics, Leadership and Organizational Behavior, and Business Policy.

Thirty-three total credits are required to complete the MBA, and the MS-ITM; 30 for the MSAPM, including 9 elective credits, for the MBA; 15 for the MS-ITM; and 3 for the MSAPM. Required courses include:

  • Accounting Applications for Managerial Decision Making
  • Financial Management and Business Strategy
  • Managerial Economics
  • Marketing Management
  • Leadership and Organizational Behavior
  • Information Systems Management
  • Business, Ethics and Society
  • Business Policy and Managerial Action

Required courses for the MS-ITM include:

  • Information Systems Management
  • Information Systems Analysis and Logical Design
  • Information Systems Project and Risk Management
  • Business, Ethics and Society
  • Data Base Management Systems
  • Human Factors in Information Systems

Required courses for the MSAPM include:

  • Ethics and Professional Standards
  • Fixed Income and Derivatives l and ll
  • Quantitative Analysis
  • Financial Statement Analysis l and ll
  • Capital Markets
  • Equity Analysis
  • Portfolio Management

Students may eliminate or substitute requirements by transferring up to 6 hours of graduate credit from other AACSB schools.

The minimum time permitted to complete the master’s degree program attending full time is 12 months; maximum, 6 years. For students attending part time, the minimum is 18 months; maximum, 6 years.

There are 22 total full-time graduate business faculty, of whom 95% hold a doctorate; there are 8 part-time faculty, of whom 12% 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 30.

Admissions

A bachelor’s degree is required, along with a GPA of 2.5 and a GMAT score of 500. The formula for using the GPA and GMAT scores is (undergraduate GPA x 200) + GMAT, or 1100 minimum. Most important admissions factors are academic accomplishments and ability, GMAT results, and letters of recommendation. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 42; 38 were accepted; 32 enrolled. The average GPA was 3.3; average GMAT score was 540. Transfers are accepted.

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, TOEFL for international applicants, a nonrefundable application fee of $40, 3 letters of recommendation, a personal essay, and a resume; international applicants must also submit a “Certification of Available Finances” form. The application deadlines are March 1 for fall entry; October 1, winter; December 1, spring; March 1, summer. Students are notified of the admissions decision within a week to 10 business days upon receipt of all application materials. The latest acceptable test date for fall entry is before the first day of classes. Once accepted, students may defer admission for up to 1 year.

Financial Aid

About 40% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships. The FAFSA and the school’s own financial statement are required. The application deadlines are March 1 for fall entry; October 1, spring.

Tuition for all students is $595 per credit, or $10,710 per year. On-campus room and board costs approximately $7800; books and supplies, $1400; personal expenses, $4000; and other fees, $1920, for an estimated annual total of $25,830. Graduate student housing consists of efficiencies, and 1- and 2-bedroom apartments but is limited. There is a referral service to help procure off-campus housing.

Students

Eighteen percent of the current graduate business school class are enrolled full time; 85% have had an average of 3 years of full-time work experience prior to entering graduate school, a factor preferred by the school. Twenty-eight percent are women, 4% are minorities, and 8% are foreign nationals. The average age at entrance is 25; ages range from 21 to 49. Thirty-eight percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 55%, business; 23%, math and science; 8%, computer science, information systems, elementary education; 7%, liberal arts; 4%, social sciences; and 3%, economics. About 6% of entering students leave by the end of the first year due to academic or personal reasons; 75% remain to receive their degree. In 2006, 63 graduate business degrees were awarded.

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