The Lubin School offers the Master of Business Administration (MBA), Master of Science in Economics and Taxation and in Investment (MS), and Executive Master of Business Administration (e.MBA) as well as a doctoral program in Professional Studies (DPS), and a joint degree in law (JD/MBA). Other programs include cooperative programs, graduate assistantships, foreign exchange with France, Germany, and England, internships, and an advanced professional certificate. The strongest areas of study are accounting, finance, international business, management information systems, and marketing. The most popular courses are Finance and Accounting. Regular programs bring distinguished speakers and visiting professors to campus. Fortune 500 CEOs are regularly invited to participate in the Executive-in-Residence program, and distinguished visiting professors are regularly invited to lecture.
Fifty-two total credits are required to complete the MBA, including 9 elective credits. Required courses include:
- Financial and Managerial Accounting
- Business Statistics and Modeling
- Marketing and Electronic Business
- Business Economics
- Organizational Behavior and Leadership
- Managerial Finance
- Business Strategy and Shareholder Responsibility
- Operations and Quality Management
Students may eliminate or substitute requirements through credit transfer and proficiency examination.
The minimum time permitted to complete the master’s degree program attending full time is 2 years; maximum, 5 years. For students attending part time, the maximum is 5 years.
There are 65 total full-time graduate business faculty, of whom 86% hold a doctorate; there are 66 part-time faculty, of whom 35% hold a doctorate. Faculty salaries are rated well 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 23.
A bachelor’s degree is required, along with a GPA of 3.0. 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 grades in upper-level courses. A strong mathematics background is not required.
The number of applicants for the 2006-2007 class was 1047; 597 were accepted; 284 enrolled. The average GPA was 3.31; average GMAT score was 538. Transfers are accepted. Minority students are actively recruited by college and corporate recruitment efforts and minority search services.
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, an essay, and a resume. The priority application deadlines are August 1 for fall entry; December 1, spring. Students are notified of the admissions decision on a rolling basis as files are completed. Once accepted, students may defer admission upon request; requests are reviewed on an individual basis.
About 41% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $12,848 annually; maximum $38,000. The FAFSA and graduate assistantship application (if applicable) are required. Check with the school for current application deadlines.
Tuition for all students is $857 per credit, or $25,710 per year. On-campus room and board costs approximately $9570; books and supplies, $998; personal expenses, $2810; and other fees, $460, for an estimated annual total of $39,548. Graduate student housing is available at both the Manhattan and Westchester locations. There is a referral service to help procure off-campus housing.
Fifteen percent of the current graduate business school class are enrolled full time; 80% have had an average of 6 to 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 (66%). Forty-two percent are women, 23% are minorities, and 21% are foreign nationals. The average age at entrance is 27; ages range from 21 to 51. Eighteen percent enter directly from undergraduate school; 5% already have a graduate degree. Students’ undergraduate majors were as follows: 49%, business; 19%, liberal arts; 10%, computer science; 9%, economics; 7%, engineering; 4%, social sciences; and 2%, math and science. About 10% of entering students leave by the end of the first year due to academic or personal reasons; 78% remain to receive their degree. In 2006, 533 graduate business degrees were awarded.