School of Business

Adelphi University, School of Business History

Adelphi University, founded in 1896, is a private, coeducational institution. The 75-acre campus is located in a suburban area 22 miles east of New York City. Total undergraduate and graduate enrollment is 8953.

The School of Business was founded in 1964 and is located on the main campus, in its own building, Hagedorn Hall of Enterprise. Courses also are offered through on site MBA programs at various regional corporations such as McGraw Hill Corporation and Huntington Chamber of Commerce. The basic educational approach is a mix of the theoretical and case method approaches with emphasis on building the soft skills like leadership, communication, and ethics.

Adelphi University, School of Business Academics

The School of Business offers the Master of Business Administration (MBA) and Master of Science in Finance (MS) as well as a joint degree in Nursing (MBA/MS) and Social Work (MSW/post master’s certificate). Other programs include credit-earning internships that combine part-time work and an independent study project. The strongest areas of study are finance and human resources. The most popular courses are finance and management. Regular programs bring distinguished speakers and visiting professors to campus. They include the Executive-in-Residence program in which executives spend a day on campus interacting with students formally and informally.

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

• Macroeconomics
• Microeconomics
• Legal and Ethical Environment
• Management Theory/Organizational Behavior
• Management Information Systems
• Marketing Management
• Accounting for Managerial Analysis
• Corporate Finance
• Statistical Methods
• Best Practices, Production, and TQM
• Management of Technology
• Persuasive Communication and Negotiation
• Leadership and Innovation in Complex Systems
• Building Shareholder Value through Competitive Analysis
• Strategic Management

Students may eliminate or substitute requirements. The MBA is a 66 credit program wherein up to 33 of those credits can be waived based on the student having taken the equivalent undergraduate course in the last 5 to 7 years and earned a minimum of a B.

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 18 months; maximum, 6 years. For students attending part time, the minimum is 3 years; maximum, 6 years.

There are 37 total full-time graduate business faculty, of whom 87% hold a doctorate; there are 4 part-time faculty. Faculty salaries are rated average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 19.

Adelphi University, School of Business Unique Programs

Library

Publications for the business school contained in the main library consist of more than 29,868 volumes and 126 audio/video tapes/CDs, and subscribes to 45 print and major databases. The business library is particularly strong in finance, economics, and commerce. Students have access to such databases and networks as CRSP, Compustat, Lexis/Nexis, Business and Company Resource Center, Business Full Text, Business Source Premier, Econolit, Hoover’s, JSTOR, National Trade Database, S & P Net/Advantgage, Regional Business News, and Wall Street Journal. Other opportunities for research consist of interlibrary loans and Document Delivery Services.

Computers

Graduate business students need not have their own PCs. In addition to over 650 PCs in the Computer Center and the library, the Business School has a networked lab with 30 PCs (Pentium III) running Microsoft Office, as well as specialized accounting, finance, statistics, and database software.

Career and Job Placement

Majors most in demand by companies recruiting in 2006 were accounting and management. Average starting salary of the graduating class was $80,882; range was $45,000 to $160,000. Placement services are limited, since most students are already employed full time. Placement services for alumni include same as those available to students. Placement is available through the university placement office and Accounting placement is available through the School of Business. Ninety percent of the most recent graduating class found jobs within three months of receiving their degree.

International Students

International students must take the TOEFL. They also must submit a translation of their transcripts, proof of health consisting of a medical report from a physician and proof of immunizations, and proof of adequate funds to cover at least 1 year of study. Financial aid is available for these students and consists of a limited number of partial scholarships and assistantships. Check with he school for current application deadlines.

Calendar

The school operates on a traditional semester basis. Semesters are 15 weeks long; summer sessions, 5 weeks. Graduate programs are offered during the evening only and weekends.

Adelphi University, School of Business Admissions

A bachelor’s degree is required, along with a GPA of 2.5 and a GMAT score of 400. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT. Most important admissions factors are academic accomplishments and ability, GMAT results, and letters of recommendation. A strong mathematics background is required.

The number of applicants for the 2006-2007 class was 222; 113 were accepted; 76 enrolled. The average GPA was 3.14; average GMAT score was 505. Transfers are accepted. Minority students are actively recruited.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $50, and 2 letters of recommendation. The application deadlines are August 15 for fall entry; December 15, spring; May 15, summer. Students are notified of the admissions decision on a rolling basis. The latest acceptable test date for fall entry is August 15. Once accepted, students may defer admission for 1 academic year.

Adelphi University, School of Business Financial Aid

About 4% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $10,000 annually; maximum varies. The FAFSA and the previous year’s tax return are required. Check with the school for current application deadlines.

Tuition for all students is $690 per credit. On-campus room and board costs approximately $9500; books and supplies, $1000; personal expenses, $2000; and other fees, $450 Graduate student housing consists of on-campus dormitories. There is a referral service to help procure off-campus housing.

Adelphi University, School of Business Students

Twenty-three percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from New York (75%). Forty-four percent are women, 22% are minorities, and 22% are foreign nationals. The average age at entrance is 31; ages range from 21 to 64. Twenty-two percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 58%, business; 25%, social sciences; 12%, liberal arts; 1%, economics; 1%, engineering; and 1%, math and science. In 2006, 132 graduate business degrees were awarded.