The MBA Program offers the Master of Business Administration (MBA). The strongest areas of study are finance and entrepreneurship. The most popular courses are e-commerce, Special Topics in Finance, and Strategic Project-Based Experience. Regular programs bring distinguished speakers and visiting professors to campus and includes the Executive-in-Residence program.
Thirty-six total credits are required to complete the MBA, including 9 elective credits. Required courses include:
- Integrative Managerial Skills
- Managerial Accounting
- Financial Decision Making
- Marketing Management
- Designing, Developing, and Leading High-Performance Organizations
- Managerial Decision Making Tools
- International Business and Society
- Issues in Management Information Systems
- Integrative MBA Seminar
- 3 electives
Students may eliminate or substitute requirements through previous coursework and by transferring graduate coursework from other schools.
Business students may take relevant nonbusiness courses in other departments. The maximum time permitted to complete the master’s degree program attending part time is 6 years.
There are 25 total full-time graduate business faculty, all of whom hold a doctorate. Average number of credit hours faculty teach is 9; average business class size is 17.
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 + 50 x years of responsible management experience. Most important admissions factors are GMAT results, grades in upper-level courses, and academic accomplishments and ability. A strong mathematics background is required.
The number of applicants for the 2006-2007 class was 58; 41 were accepted; 33 enrolled. The average GPA was 3.28; average GMAT score was 534. Transfers are accepted. Minority students are actively recruited.
Students may begin the MBA program in the fall, winter, spring, and summer. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $50, 2 letters of recommendation, a letter of computer proficiency, 2 copies of a current resume, and 2 copies of a written statement outlining professional objectives. The application deadline is open for fall entry. Students are notified on a rolling basis of the admissions decision. Once admitted, students may begin at any semester.
Tuition for in-state residents is $549 per credit, or $9886 per year. Nonresidents pay $880 per credit, or $15,834 per year. On-campus room and board costs approximately $5492; books and supplies, $1354; and other fees, $103, for an estimated annual total of $16,835 for in-state residents and $22,783 for out-of-state residents. Graduate student housing consists of dormitory housing and available housing in the local area.
Twenty percent of the current graduate business school class are enrolled full time; 80% have had full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from New Jersey (95%). Forty-six percent are women, 11% are minorities, and 4% are foreign nationals. The average age at entrance is 29; ages range from 22 to 51. Two percent already have a graduate degree. Students’ undergraduate majors were as follows: 54%, business; 16%, engineering; 10%, economics; 5%, liberal arts; 5%, math and science; and 5%, social sciences. In 2006, 28 graduate business degrees were awarded.