College of Business Administration

University of Nebraska at Omaha, College of Business Administration History

University of Nebraska at Omaha, founded in 1908, is a public, coeducational institution. The 158-acre campus is located in an urban area in Omaha. Total undergraduate and graduate enrollment is approximately 14,000. Figures given in the above capsule are approximate.

The College of Business Administration was founded in 1965 and is located on the main campus, in its own building, College of Business Administration. The basic educational approach is a blend of theory, experience, and application within an actual business context. A team-oriented approach includes interaction with area businesses.

University of Nebraska at Omaha, College of Business Administration Academics

The College of Business Administration offers the Master of Business Administration (MBA), Executive Master of Business Administration (EMBA), Master of Accounting (MAcc), Master of Art in Economics (MA-ECON), and Master of Science in Economics (MS-ECON). The most popular courses are Essential Leadership Skills, Marketing Policies, Security Analysis, and Arts and the Executive. The MBA Leadership Seminar Series brings business and community leaders to speak to MBA students.

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

• Essential Leadership Skills
• Legal, Ethical, and Social Environment
• Managerial Economics
• Managerial Accounting
• Managing Performance in Organizations
• Marketing Policies
• Financial Management
• Information Technology in Business
• Policy, Planning, and Strategy
• 3 electives

Students may eliminate or substitute requirements Students with undergraduate majors or graduate degrees in certain areas may have corresponding core courses waived.

Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending part time is 1 year; maximum, 10 years.

There are 39 total full-time graduate business faculty, all of whom hold a doctorate; there are 6 part-time faculty, of whom 67% 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 20.

University of Nebraska at Omaha, College of Business Administration Unique Programs

Library

The university’s main library houses a collection of more than 800,000 volumes and 1.8 million microform items, and subscribes to 4000 periodicals. Students have access to such databases and networks as the Internet, DB of Marketing Research, Citibase, and AAA Educational Research. Other opportunities for research consist of CD-ROM applications, including Consumer Survey Stats.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of the main computer lab, which has 40 workstations, two scanners, a high volume laser printer, and a color laser printer. The finance lab consists of 20 workstations with dual monitors, an electronic stock board, and a laser printer. The statistics lab consists of 8 workstations and a laser printer. The accounting lab consists of 5 workstations and a laser printer. The labs are available during the week and the main lab has weekend access. Students may also use the 24 workstation classroom, the video conference lab, and any of the high-tech classrooms. Students have access to software such as AICPA resource, CCH Electronic Library, CRSP Access, Eventus, Eviews, Lexis/Nexis, Limdep, Minitab, MS Frontpage, MS Office, Research Insight, Shazam for Windows, SPSS, SAS, Webstract, and others.

Career and Job Placement

In a recent year, 25 companies recruited on campus. Eighty percent were national corporations. Majors most in demand were accounting and business. Placement services are limited, since most students are already employed full time. Placement services for alumni include participation in on-campus recruiting events and the use of all services. Placement is available through the university placement office. Eighty-two percent of the most recent graduating class found jobs within three months of receiving their degree.

International Students

International students must take the TOEFL or the college’s own test. They also must submit a translation of their transcripts and proof of adequate funds. Check with the school for current application deadlines.

Calendar

The school operates on a traditional semester basis. Semesters are 16 weeks long; summer sessions, 6 weeks. Graduate programs are offered during the evening only.

University of Nebraska at Omaha, College of Business Administration Admissions

A bachelor’s degree is required, along with a GPA of 2.85 and a GMAT score of 500. Most important admissions factors are grades in upper-level courses, GMAT results, and academic accomplishments and ability. A strong mathematics background is required.

The number of applicants for a recent class was 200; 150 were accepted; 120 enrolled. The average GPA was 3.45. Transfers are accepted.

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, and a current resume detailing professional experience. Once accepted, students may defer admission up to one year. Check with school for current application deadlines and fees.

University of Nebraska at Omaha, College of Business Administration Financial Aid

In a recent year, about 9% of graduate business school students received financial aid from scholarships, loans, and graduate assistantships, for a total average of $8002 annually; maximum $16,000. The FAFSA is required. Check with the school for current application deadlines.

Tuition for in-state residents isapproximately $170 per credit. Nonresidents pay approximately $450 per credit. On-campus room and board costs approximately $6000. Graduate student housing is available in semiprivate apartments on campus. There is a referral service to help procure off-campus housing.

University of Nebraska at Omaha, College of Business Administration Students

Ninety-six percent of a recent graduate business school class 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 Nebraska (59%). Thirty-nine percent are women, 5% are minorities, and 12% are foreign nationals. The average age at entrance is 28; ages range from 22 to 47. Fourteen percent enter directly from undergraduate school; 15% already have a graduate degree. Students’ undergraduate majors were as follows: 52%, business; 15%, math and science; 10%, liberal arts; 10%, social sciences; 4%, economics; and 4%, engineering. About 9% of entering students leave by the end of the first year due to academic or personal reasons; 65% remain to receive their degree. In a recent year, 97 graduate business degrees were awarded.