School of Management

Marist College, School of Management History

Marist College, founded in 1929, is a private, coeducational institution. The 180-acre campus is located in a suburban area 75 miles north of New York City. Total undergraduate and graduate enrollment is 5877.

The School of Management was founded in 1972 and is located on the main campus. Courses also are offered in Fishkill and on-line (MBA). The basic educational approach is to emphasize management process and the behavioral influences significantly affecting the success of modern organizations through a classroom experience that integrates theory and practice and stresses the use of information technology.

Marist College, School of Management Academics

The School of Management offers the Master of Business Administration (MBA) and Master of Public Administration (MPA). The Master of Science in Technology Management (MSTM) is an interdisciplinary program offered jointly by the School of Management and the School of Computer Science and Mathematics. Other programs include internships and faculty-sponsored research projects. The strongest areas of study are accounting, finance, human resources, information systems, leadership, and international. The most popular courses are Financial Statement Analysis and Leadership Power and Influence.

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

• Strategic Marketing Planning
• Business Analysis and Decision Making
• Managing Organizational Change
• Corporate Financial Theory and Practice
• Global Environment of Business
• Strategic Management
• Operational Excellence

Students may eliminate or substitute requirements through previous course work. Up to 21 hours of foundation courses may be waived, and some courses may be substituted.

The minimum time permitted to complete the master’s degree program attending full time is 4 semesters; maximum, 7 years. For students attending part time, the maximum is 7 years.

There are 31 total full-time graduate business faculty, of whom 94% hold a doctorate; there is 1 part-time faculty member. Faculty salaries are rated average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 30.

Marist College, School of Management Unique Programs

Library

Publications for the business school contained in the main library consist of more than 12,000 volumes, and subscriptions to 6000 periodicals. The business library is particularly strong in finance and marketing. Students have access to such databases and networks as ABI/INFORM, Dialog, OCLC, UMI, Compact Disclosure, Bloomberg Financial Services, and NTDB. Other opportunities for research consist of access to public, college, and industrial libraries through the Southeastern New York Library Resources Council and a research center for the graduate business school.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of a computer center, open 24 hours a day, 7 days a week. Available software includes SPSS and Excel.

Career and Job Placement

In spring 2006, 118 companies recruited on campus. Sixty-nine percent were national corporations. Majors most in demand were finance, accounting information systems, and human resources. Placement services are limited, since most students are already employed full time. Assistance is available to alumni from the College Career Services Center. Placement is available through the college placement office, and alumni, faculty, and the program director also aid in placement.

International Students

International students must take the TOEFL and must also score 6.0 on the IELTS. International students must score 550 on the Paper-Based TOEFL (PBT). They also must submit a translation of their transcripts, proof of health, and proof of adequate funds to cover the first year of study. There are special fees for orientation and health insurance. Financial aid is available for these students. Check with the school for current application deadlines.

Calendar

The school operates on a traditional semester basis. Semesters are 15 weeks long; summer sessions, 6 weeks. Graduate programs are offered during the evening only and on-line.

Marist College, School of Management Admissions

A bachelor’s degree is required, along with a GPA of 3.0 and a GMAT score of 450. The formula for using the GPA and GMAT scores is (GPA x 200) + GMAT. Most important admissions factors are GMAT results, letters of recommendation, and work experience. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 80; 71 were accepted; 51 enrolled. The average GPA was 3.15; average GMAT score was 543. 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, and a nonrefundable application fee of $50. The application deadlines are July 1 for fall entry; December 1, spring; April 1, summer. Students are notified on a rolling basis of the admissions decision. The latest acceptable test date for fall entry is open. Once accepted, students may defer admission for 1 or 2 semesters.

Marist College, School of Management Financial Aid

About 21% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $10,947 annually; maximum $18,500. Some financial aid is available for minority students. The FAFSA, the school’s own financial statement, and the previous year’s tax return are required. The application deadlines are August 15 for fall entry; January 1, spring; May 1, summer.

Tuition for all students is $630 per credit, or $7560 per year. Books and supplies cost approximately $498; personal expenses, $800; and other fees, $60, for an estimated annual total of $8918. Graduate student housing is not available on campus but is plentiful off campus. There is a referral service to help procure off-campus housing.

Marist College, School of Management Students

Four percent of the current graduate business school class are enrolled full time; 96% have had an average of 7 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 York (72%). Thirty-six percent are women, 10% are minorities, and 4% are foreign nationals. The average age at entrance is 30; ages range from 22 to 53. One percent enter directly from undergraduate school; 17% already have a graduate degree. Students’ undergraduate majors were as follows: 36%, business; 17%, math and science; 15%, engineering; 8%, liberal arts; 6%, economics; and 4%, social sciences. About 15% of entering students leave by the end of the first year due to academic or personal reasons; 70% remain to receive their degree. In 2006, 43 graduate business degrees were awarded.