Fordham Graduate Business offers the Master of Business Administration (MBA), MBA in Professional Accounting, Global Professional MBA (GP-MBA), Master of Science in Communications and Media Management (MSC), Master of Science in Information Systems (MSI), Master of Science in Taxation (MST), and Master of Business Administration in Taxation and Accounting (MTA) as well as joint degrees in law (JD/MBA) and in international management (MIM/MBA) with Thunderbird. Other programs include cross-registration with other graduate programs of the university and with Stevens Institute of Technology, foreign exchange with 13 countries, internship programs, and field study programs. The strongest areas of study are finance, accounting, management, and international business. The most popular courses are finance, marketing, and international business. Regular programs bring distinguished speakers and visiting professors to campus.
Sixty-nine total credits are required to complete the MBA, MST, and GP-MBA, including 36 elective credits. Required courses for the MBA, MST, and GP-MBA include:
- Fundamentals of Accounting
- Business Law I
- Fundamentals of Management
- Financial Environment
- Marketing Management
- Information Systems
- Operations Management
- Business Policy
- Math Methods for Business
- Managerial Economics
Students may eliminate or substitute requirements through undergraduate course work or waiver exams for all core courses except Business Policy.
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 2 years; maximum, 6 years.
There are 87 total full-time graduate business faculty, all of whom hold a doctorate; there are 41 part-time faculty. Faculty salaries are rated above average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 30.
A bachelor’s degree is required, along with a GPA of 2.0. Most important admissions factors are management potential, academic accomplishments and ability, and GMAT results. A strong mathematics background is not required.
The number of applicants for a recent class was 1847; 1017 were accepted; 789 enrolled. Transfers are accepted. Minority students are actively recruited by participation in MBA forums.
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 $65, 2 letters of recommendation, and 3 essays. The application deadlines are June 1 for fall entry; November 1, spring; March 1, summer. Students are notified on a rolling basis of the admissions decision. The latest acceptable test date for fall entry is May 15. Once accepted, students may defer admission for up to 1 year.
Stipends and programs available for minority students include fellowships. The FAFSA and the school’s own financial statement are required. Check with the school for current application deadlines.
Tuition for all students is $875 per credit, or $26,250 per year. Books and supplies cost approximately $1200; personal expenses, $5000; and other fees, $296, for an estimated annual total of $32,746. Graduate student housing consists of university-leased housing at a convenient off-campus site. There is a referral service to help procure off-campus housing.
Twenty-three percent of the current graduate business school class are enrolled full time; 99% 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 the Northeast (55%). Thirty-eight percent are women, 15% are minorities, and 5% are foreign nationals. The average age at entrance is 27; ages range from 21 to 53. One percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 38%, business; 18%, economics; 10%, liberal arts; 8%, social sciences; 7%, math and science; and 6%, engineering. About 2% of entering students leave by the end of the first year due to academic or personal reasons; 98% remain to receive their degree. In 2006, 452 graduate business degrees were awarded.