College of Business

University of Toledo-Main Campus, College of Business History

University of Toledo, founded in 1872, is a public, coeducational institution. The 450-acre campus is located in a suburban area in Toledo. Total undergraduate and graduate enrollment is approximately 19,500. Figures given in the above capsule are approximate.

The College of Business was founded in 1930 and is located on the main campus, in its own building. The basic educational approach is a mix of the case method and the theoretical. Quantitative techniques and computer usage are stressed.

University of Toledo-Main Campus, College of Business Academics

The Graduate Studies in Business offers the Master of Business Administration (MBA), Executive Master of Business Administration (EMBA), and Master of Science in Accounting (MSA) as well as a doctoral program in manufacturing management, and a joint degree in law and business (JD/MBA). Other programs include joint research with faculty and area businesses. The strongest areas of study and the most popular courses are information systems, finance, and marketing. Regular programs bring distinguished speakers and visiting professors to campus. These include the Visiting Executive program and the Ed Dodd Distinguished Lecture Series on Business Ethics.

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

• Accounting for Decision Making
• Financial Systems
• Strategic Marketing and Analysis
• Results-Based Management
• International Business
• Supply Chain Management
• Information Technology and E-Business
• Strategic Management Capstone

Students may eliminate or substitute requirements based upon undergraduate business course work.

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 9 months; maximum, 6 years. For students attending part time, the minimum is 2 years; maximum, 6 years.

In a recent year, there were 68 total full-time graduate business faculty, all of whom hold a doctorate; there were 13 part-time faculty, all of whom held a doctorate. Faculty salaries are rated below average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 4; average business class size is 35.

University of Toledo-Main Campus, College of Business Unique Programs

Library

Publications for the business school contained in the main library consist of more than 70,000 volumes, and subscriptions to 500 periodicals. The business library is particularly strong in marketing, human resource management, and international business. Students have access to such databases and networks as ABI/INFORM, National Trade Data Bank, and OhioLink Electronic Journal Center. Other opportunities for research consist of interlibrary loans and the Business Research Center.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of 24-hour computer labs with more than 140 Pentium II computers and a wireless laptop lab. All labs campuswide are networked together and provide e-mail and Internet connections. All current business and word processing software is available.

Career and Job Placement

Placement services are limited, since most students are already employed full time, and are available through the university placement office.

International Students

International students must take the TOEFL. They also must submit a translation of their transcripts and proof of adequate funds to cover the first year of study. Financial aid is available for these students and consists of graduate assistantships awarded on a competitive basis. 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 day and evening.

University of Toledo-Main Campus, College of Business Admissions

A bachelor’s degree is required, along with a GPA of 2.7 and a GMAT score of 450. Most important admissions factors are academic accomplishments and ability, GMAT results, and letters of recommendation. A strong mathematics background is not required.

The number of applicants for a recent class was 176; 150 were accepted; 80 enrolled. The average GPA was 3.2. 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, a nonrefundable application fee of $40, and 3 letters of recommendation. Students are notified of the admissions decision as soon as a decision is made. Once accepted, students may defer admission for up to 1 year. Check with the school for current application deadlines.

University of Toledo-Main Campus, College of Business Financial Aid

The school’s own financial statement is required. Check with the school for current deadlines.

Tuition for in-state residents is $375 per credit, or $9000 per year. Nonresidents pay $750 per credit, or $18,000 per year. Books and supplies cost approximately $500; personal expenses, $6200; and other fees, $1064, for an estimated annual total of $16,764 for in-state residents and $25,764 for out-of-state residents. Graduate student housing is not available on campus, but many apartments are available in the area near the university. There is a referral service to help procure off-campus housing.

University of Toledo-Main Campus, College of Business Students

Twenty-eight percent of a recent graduate business school class were enrolled full time; 77% had an average of 4 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from Ohio (72%). Thirty-four percent were women, 10% were minorities, and 28% were foreign nationals. The average age at entrance was 29; ages ranged from 20 to 69. In a recent year, 240 graduate business degrees were awarded.