John M. and Mary Jo Boler School of Business

John Carroll University, John M. and Mary Jo Boler School of Business History

John Carroll University, founded in 1886, is a private, coeducational institution affiliated with the Roman Catholic Church (Jesuit). The 60-acre campus is located in a suburban area 4 miles southeast of Cleveland. Total undergraduate and graduate enrollment is 3826.

The John M. and Mary Jo Boler School of Business was founded in 1974 and is located on the main campus. The basic educational approach is to develop generalist managers by using the case method and theoretical approaches.

John Carroll University, John M. and Mary Jo Boler School of Business Academics

The Boler School of Business offers the Master in Business Administration (MBA) and Master of Science in Accountancy (MSAcc). Other programs include foreign exchange with Beijing, China. The strongest areas of study are accountancy and finance. The most popular course is marketing. Regular programs bring distinguished speakers and visiting professors to campus. The Mellen Series features officers from Ohio-based publicly held firms. The Business Leaders Series brings leaders from industry to discuss management issues.

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

• Managerial Accounting
• Quantitative Methods
• Marketing Management
• Managerial Economics
• Leadership and Management Skills
• Financial Management
• Macroeconomics for Managers
• Corporate Strategy Management
• Ethics and Business Environmental Issues

Required courses for the MS in Accountancy include:

• Leadership and Management Skills
• Ethics and Business Environmental Issues
• Corporate Strategy Management
• Comparative Accounting Systems
• Accounting Theory and Policy
• Government/Not-for-Profit Accounting

Students may eliminate or substitute requirements by having 8 foundation courses waived because of completed undergraduate work.

The minimum time permitted to complete the master’s degree program attending full time is 15 months; maximum, 5 years. For students attending part time, the minimum is 2 years; maximum, 5 years.

There are 40 total full-time graduate business faculty, all of whom hold a doctorate; there are 11 part-time faculty, of whom 55% hold a doctorate. Faculty salaries are rated above average for Category IIA institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 18; average business class size is 16.

John Carroll University, John M. and Mary Jo Boler School of Business Unique Programs

Library

Publications for the business school contained in the main library consist of more than 751,000 volumes, 678,794 microform items, and 8250 audio/video tapes/CDs, and subscriptions to 8141 periodicals. The business library is particularly strong in finance. Students have access to databases and networks in the fields of business and allied subject areas. Other opportunities for research consist of small research grants for students to assist faculty research and large on-line electronic research.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of several PC labs open 16 hours each day.

Career and Job Placement

Placement services are limited, since most students are already employed full time; those available to alumni are the same as those for current students. Placement is available through the university placement office.

International Students

International students must take the TOEFL. International students must score 550 on the Paper-Based TOEFL (PBT) or 79 on the Internet-Based (iBT) version. They also must submit a translation of their transcripts and proof of adequate funds to cover 2 years of study. Financial aid is available for these students on a limited basis. The application deadline for fall entry is June 15.

Calendar

The school operates on a traditional semester basis. Semesters are 15 weeks long; summer sessions, 7 weeks. Graduate programs are offered in the evening only in the fall and spring and during the day and evening in the summer.

John Carroll University, John M. and Mary Jo Boler School of Business Admissions

A bachelor’s degree is required, along with a GPA of 2.5 and a GMAT score of 450. Most important admissions factors are academic accomplishments and ability, GMAT results, and grades in upper-level courses. A strong mathematics background is required.

The number of applicants for the 2006-2007 class was 106; 72 were accepted; 49 enrolled. The average GPA was 3.3; average GMAT score was 543. Transfers are accepted. Minority students are actively recruited by participating in minority fairs and using direct mailings.

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 $25 (waived if students apply on-line) 1 letter of recommendation, a resume and an essay. The application deadlines are July 15 for fall entry; December 10, spring; April 1, summer. Students are notified of the admissions decision 2 weeks after all materials are received. The latest acceptable test date for fall entry is July 31.

John Carroll University, John M. and Mary Jo Boler School of Business Financial Aid

About 46% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $5000 annually; maximum $11,340. The FAFSA and the school’s own financial statement, and the previous year’s tax return are required. Check with the school for current application deadlines.

Tuition for all students is $793 per credit. Books and supplies cost approximately $500. Graduate student housing is not available on campus. There is a referral service to help procure off-campus housing.

John Carroll University, John M. and Mary Jo Boler School of Business Students

Seven percent of the current graduate business school class are enrolled full time; 77% have had an average of 3 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from Ohio (93%). Forty-two percent are women, 1% are minorities, and 1% are foreign nationals. The average age at entrance is 26; ages range from 21 to 43. Eighteen percent enter directly from undergraduate school; 1% already have a graduate degree. Students’ undergraduate majors were as follows: 54%, business; 10%, engineering; 2%, math and science; 1%, economics; 1%, liberal arts; and 1%, social sciences. In 2006, 78 graduate business degrees were awarded.