Ithaca College MBA Programs

Ithaca College, Ithaca College MBA Programs History

Ithaca College, founded in 1892, is a private, coeducational institution. The 757-acre campus is located in a small town. Total undergraduate and graduate enrollment is 6409.

The Ithaca College MBA Programs was founded in 1998 and is located on the main campus. The basic educational approach is a combination of formal management theory and real-world practice such as case studies, field experience, and internships.

Ithaca College, Ithaca College MBA Programs Academics

The MBA Programs offers the Master of Business Administration (MBA) and Master of Business Administration in Professional Accountancy (MBA-PA). Other programs include 4+1 programs with Rochester Institute of Technology, Clarkson University, and Thunderbird, interdisciplinary programs in sport management and integrated marketing communications, cross-registration with Cornell University, foreign exchange, internships, and joint research.

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

• Accounting: Financial Reporting and Control
• Corporate Financial Management
• Marketing Management
• Operations Management and Advanced Technology
• Organization and Management
• Strategic Management
• Managing in a Global Economy
• Industry Analysis l and ll

Required courses for the MBA in Professional Accountancy include:

• Taxation for Managers
• Advanced Auditing and Research
• Advanced Financial Reporting
• Accounting Practicum
• Corporate Financial Management
• Marketing Management
• Operations Management and Advanced Technology
• Organization and Management
• Strategic Management
• Managing in a Global Economy
• Industry Analysis l and ll

Students may eliminate or substitute requirements.

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 1 year; maximum, 6 years. For students attending part time, the minimum is 2 years; maximum, 6 years.

There are 22 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated above average for Category llA institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 28.

Ithaca College, Ithaca College MBA Programs Unique Programs

Library

The Gannett Center Library houses a collection of more than 363,648 volumes, 34,785 microform items, and 29,734 audio/video tapes/CDs, and subscribes to 1327 periodicals. Students have access to such databases and networks as ABI/INFORM (Dateline, Global, and Trade/Industry), Business and Company Resource Center, EBSCOhost, and Lexis/Nexis. Other opportunities for research consist of the Center for Trading and Analysis of Financial Instruments (real-time trading room housed in the business school).

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of 24-hour computer lab access for MBA students (PC, Internet, software required for MBA course work).

Career and Job Placement

Placement is available through the college placement office. Eighty-five percent of the most recent graduating class found jobs within three months of receiving their degree.

International Students

International students must take the TOEFL. International students must score 550 on the Paper-Based TOEFL (PBT) or 80 on the Internet-Based TOEFL (iBT). They also must submit a translation of their transcripts and proof of adequate funds to cover 1 year of study. Financial aid is available for these students and consists of merit-based scholarships. The application deadline for fall entry is August 1.

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.

Ithaca College, Ithaca College MBA Programs Admissions

A bachelor’s degree is required, along with a GPA of 3.0. The formula for using the GPA and GMAT scores is (GPA x 200) + GMAT. Most important admissions factors are GMAT results, essays, and grades in upper-level courses. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 35; 29 were accepted; 19 enrolled. The average GPA was 3.36; average GMAT score was 515. Transfers are accepted.

Students may begin the MBA program in the fall and spring. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $40, 2 letters of recommendation, and an essay. The application deadlines are August 1 for fall entry; December 30, spring. Students are notified May 15 of the admissions decision.

Ithaca College, Ithaca College MBA Programs Financial Aid

About 48% of graduate business school students receive merit scholarships, for a total average of $5500 annually; maximum, full tuition. Stipends and programs available for minority students include MBA minority merit scholarships. Applications received by April 15 receive first consideration for scholarships.

Tuition for all students is $625 per credit, or $21,875 per year. Graduate student housing is not available. There is an informal referral service to help procure off-campus housing.

Ithaca College, Ithaca College MBA Programs Students

Sixty-eight percent of the current graduate business school class are enrolled full time; 29% have had 4 to 7 years of full-time work experience prior to entering graduate school. The greatest percentage of students are from the Northeast (90%). Forty-six percent are women and 7% are minorities. The average age at entrance is 21; ages range from 21 to 50. Fifty-seven percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 78%, business; 7%, engineering; 7%, social sciences; 4%, economics; and 4%, liberal arts. About 4% of entering students leave by the end of the first year due to academic or personal reasons; 96% remain to receive their degree. In 2006, 12 graduate business degrees were awarded.