College of Business Administration

University of Nebraska-Lincoln, College of Business Administration History

University of Nebraska at Lincoln, founded in 1869, is a public, coeducational institution. The 616-acre campus is located in an urban area 50 miles southwest of Omaha. Total undergraduate and graduate enrollment is 22,106.

The College of Business Administration was founded in 1913 and is located on the main campus, in its own building. The basic educational approach is to offer a good balance of both the theoretical and the case method approaches in classroom learning.

University of Nebraska-Lincoln, College of Business Administration Academics

The College of Business Administration offers the Master of Business Administration (MBA), Master of Professional Accountancy (MPA), Master of Arts in business (MA), and Master of Arts in economics (MA) as well as a doctoral program in accounting, marketing, finance, management, and economics, and a joint degree in law (MBA/JD), architecture (MBA/Architecture), and professional accountancy and law (MPA/JD). Other programs include interdisciplinary PhD programs in statistics, psychology, sociology, and educational psychology, foreign exchange with 4 countries, internship programs, and joint research. The strongest areas of study are management, marketing, and finance. The most popular courses are finance, international business, and marketing. Regular programs bring distinguished speakers and visiting professors to campus. They include a lecture series, and visiting scholars and executives.

Forty-eight total credits are required to complete the MBA, including 18 elective credits. Required courses include:

• Managerial Accounting
• Managerial Finance
• Managerial Economics
• Marketing Management
• Organizational Behavior
• Operations and Information Systems Strategy
• Managerial Decision Making
• International Business
• Strategic Management and Business Policy
• Management Skills Seminar Students with senior-level classes in accounting, finance, marketing, or organization theory may apply to have 1 or more core classes waived.

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, 10 years. For students attending part time, the minimum is 2 years; maximum, 10 years.

There are 48 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 2; average business class size is 25.

University of Nebraska-Lincoln, College of Business Administration Unique Programs

Library

The university’s main library houses a collection of more than 2,939,492 volumes, 4,618,411 microform items, and 436,238 audio/video tapes/CDs, and subscribes to 1,661,291 periodicals. Students have access to such databases and networks as Lexis/Nexis and many others. Other opportunities for research consist of the Bureau of Business Research, the Center for Economic Education, the Gallup Leadership Institute, the Center for Entrepreneurship, and the Center for Enterprise Risk Management.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of the Coe Computer Center, which has 60 computers. Software includes Microsoft Office, SAS 8.2, SPSS 12, Data Architect, Process Analyst, WRDS, Datastream, Execucomp, Eviews,@Risk, Crystal Ball, and Shazam 10. Facilities are available 6:30 a.m. to 10:30 p.m. Monday through Friday and 1:30 p.m. to 5:30 p.m. Sunday.

Career and Job Placement

In spring 2006, 68 companies recruited on campus. Forty percent were national corporations. Majors most in demand were an MBA with specializations in finance, marketing, and MIS. Average starting salary of the graduating class was $64,950; range was $36,000 to $125,000. The percentage of graduates finding jobs were:

• national corporations 34%
• local large enterprises 22%
• local small enterprises 19%
• self-employment 8%
• government 8%
• international 8%
• regional corporations 7%

Placement services are extensive. Placement services for alumni include career counseling, HuskerHire Link, an alumni database, and a corporate database. Placement is available through the MBA Placement office and the university placement office. Ninety-seven percent of the most recent graduating class found jobs within three months of receiving their degree.

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 and proof of adequate funds to cover 1 year of study. There are special fees $35 for additional record keeping required for international students. Financial aid is available for these students and consists of assistantships and fellowships. The application deadline for fall entry is May 15.

Calendar

The school operates on a traditional semester basis. Semesters are 18 weeks long; summer sessions consist of 2-5 week sessions, a 3-week session, and an 8-week session. Graduate programs are offered during the day and evening.

University of Nebraska-Lincoln, College of Business Administration 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 (GPA x 200) + GMAT. Most important admissions factors are GMAT results, grades in upper-level courses, and academic accomplishments and ability. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 101; 71 were accepted; 44 enrolled. The average GPA was 3.48; average GMAT score was 620. Transfers are accepted. Minority out-of-state students are eligible for nonresident fellowships.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $45, and 3 letters of recommendation. The application deadlines are June 15 for fall entry; November 15, spring; April 15, summer. Students are notified of the admissions decision on a rolling basis. The latest acceptable test date for fall entry is May.

University of Nebraska-Lincoln, College of Business Administration Financial Aid

About 46% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $11,622 annually; maximum $24,338. Stipends and programs available for minority students include Minority Graduate Fellowships and nonresident fellowships. The FAFSA is required. Check with the school for current application deadlines.

Tuition for in-state residents is $212 per credit, or $5076 per year. Nonresidents pay $570 per credit, or $13,674 per year. On-campus room and board costs approximately $7106; books and supplies, $944; personal expenses, $3146; and other fees, $758, for an estimated annual total of $17,030 for in-state residents and $25,628 for out-of-state residents. Graduate student housing consists of residence halls, a coed hall, and married-student housing, plus apartments and houses for rent.

University of Nebraska-Lincoln, College of Business Administration Students

Fifty-five percent of the current graduate business school class are enrolled full time; 72% 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 Nebraska (73%). Thirty-four percent are women, 2% are minorities, and 18% are foreign nationals. The average age at entrance is 26; ages range from 20 to 54. Twenty-seven percent enter directly from undergraduate school; 9% already have a graduate degree. Students’ undergraduate majors were as follows: 48%, business; 22%, engineering; 8%, math and science; 5%, liberal arts; 2%, social sciences; and 1%, economics. In 2006, 77 graduate business degrees were awarded.