College of Business Administration/Graduate Division

Academics

The College of Business Administration offers the Master of Business Administration (MBA), Master of Accountancy (MAcc), and Executive Master of Business Administration (EMBA). Other programs include an internship in the MAcc program and joint research with faculty working across departments and from other colleges and universities. The strongest areas of study are accounting, marketing, finance, management, healthcare administration, entrepreneurship, and global business. The most popular courses are Ethical Issues in Business, finance electives, Entrepreneurship, Power and Politics in Organizations, international business electives, and healthcare administration electives. Regular programs bring distinguished speakers and visiting professors to campus. A variety of corporate leaders participate as guest speakers and subject matter experts in a variety of classes.

Fifty-one total credits are required to complete the MBA, including 15 elective credits. Required courses include:

  • Economic Analysis and Decision Making
  • Financial Analysis and Decision Making
  • Advanced Organizational Behavior
  • Marketing Analysis and Decision Making
  • Strategic Planning and Policy
  • 15 elective credits

Required courses for the MAcc include:

  • Seminar in Taxation
  • Analysis of Accounting Data
  • Issues in Financial Reporting
  • International Dimensions of Accounting
  • 18 elective credits (3 in accounting, 15 in MBA electives)

Required courses for the EMBA include:

  • Quantitative Analysis for Business (Statistics and Calculus)
  • Management/Team Skills
  • Accounting
  • Economic Analysis
  • Product and Services Management
  • Financial Management
  • Technology/Information Management
  • Marketing Management
  • Economic Analysis and Decision Making
  • Advanced Organizational Behavior-Leadership Skills
  • Financial Analysis and Decision Making
  • Marketing Analysis and Planning
  • Special Topics in Finance/Accounting
  • Strategic Management and Policy
  • Special Topics in Marketing/Technology
  • Advanced Seminar: Business Law/Business Ethics
  • International Business Seminar-Trip

Students may eliminate or substitute requirements in core courses only by passing a proficiency exam or on the basis of previous coursework or extensive work experience.

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 16 months; maximum, 6 years.

There are 37 total full-time graduate business faculty, of whom 95% hold a doctorate; there are 18 part-time faculty, of whom 33% hold a doctorate. Faculty salaries are rated well 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 15.

Admissions

A bachelor’s degree is required, along with a GPA of 2.5. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1050. Most important admissions factors are grades in upper-level courses, academic accomplishments and ability, and GMAT results. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 160; 92 were accepted; 81 enrolled. The average GPA was 3.34; average GMAT score was 499. Transfers are accepted.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, GMAT scores, a nonrefundable application fee of $45, a resume, and a statement of goals and objectives. The application deadlines are August 1 for fall entry; December 1, spring; May 1, summer. Students are notified on a rolling basis of the admissions decision. The latest acceptable test date for fall entry is when classes begin.

Financial Aid

About 33% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $13,620 annually; maximum $30,000. 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 all students is $680 per credit, or $20,400 per year. On-campus room and board costs approximately $10,800; books and supplies, $1000; personal expenses, $2500; and other fees, $320, for an estimated annual total of $35,020. Graduate student housing consists of a few residence hall openings and off-campus accommodations in the immediate area. There is a referral service to help procure off-campus housing.

Students

Twenty percent of the current graduate business school class are enrolled full time; 96% have had an average of 6 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from New Jersey (82%). Forty-four percent are women, 25% are minorities, and 3% are foreign nationals. The average age at entrance is 27; ages range from 21 to 53. Twenty-eight percent enter directly from undergraduate school; 5% already have a graduate degree. Students’ undergraduate majors were as follows: 47%, business; 14%, engineering; 13%, social sciences; 10%, liberal arts; 9%, economics; and 7%, math and science. In 2006, 112 graduate business degrees were awarded.

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