The Williams College of Business offers the Master of Business Administration (MBA) as well as a joint degree in health administration (MBA/MHA) and nursing (MBA/MSN). Other programs include cooperative programs with 23 Jesuit universities, foreign exchange with China and France, MBA Co-op Program, and joint research. The strongest areas of study are finance, marketing, and international business. Regular programs bring distinguished speakers and visiting professors to campus. Professional Heroes of Ethics seminars, speakers, and forums are offered through entrepreneurial programs and through Williams College of Business.
Thirty-six total credits are required to complete the MBA, including 8 elective credits. Required courses include:
- Managerial Economics
- Managing Organizational Systems
- Operations Management
- Legal, Ethical, and Regulatory Environment
- Accounting Analysis for Management Decisions
- Global Strategic Thinking
- Systems of Operations and Technology
- Interpersonal Skills
- Marketing Strategy
- Managerial Finance
- Human Resources
Students may eliminate or substitute requirements by having taken undergraduate equivalents of foundation courses.
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 56 total full-time graduate business faculty, of whom 98% hold a doctorate; there are 24 part-time faculty, of whom 20% 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 9; average business class size is 26.
A bachelor’s degree is required, along with a GPA of 2.0 and a GMAT score of 400. The formula for using the GPA and GMAT scores is (GPA x 200) + GMAT, or minimum 1000. Most important admissions factors are GMAT results, academic accomplishments and ability, and work experience. A strong mathematics background is not required.
The number of applicants for the 2006-2007 class was 666; 446 were accepted; 370 enrolled. The average GPA was 3.26; average GMAT score was 550. Transfers are accepted. Minority students are actively recruited by advertising in minority magazines and speaking to professional groups.
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 $35. The application deadlines are August 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 August 1. Once accepted, students may defer admission for up to 1 year.
About 25% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $11,568 annually; maximum $18,500. The FAFSA is required. The application deadlines are April 30 for MBA grants; May 1 for assistantships.
Tuition for all students is $630 per credit. Graduate student housing consists of university-owned apartments and local apartment buildings. There is a referral service to help procure off-campus housing.
Twenty-five percent of the current graduate business school class are enrolled full time; 97% have had an average of 8 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 (82%). Thirty-four percent are women, 15% are minorities, and 9% are foreign nationals. The average age at entrance is 30; ages range from 22 to 60. Three percent enter directly from undergraduate school; 5% already have a graduate degree. Students’ undergraduate majors were as follows: 63%, business; 15%, engineering; 9%, liberal arts; 5%, math and science; 5%, social sciences; and 3%, economics. About 9% of entering students leave by the end of the first year due to academic or personal reasons; 75% remain to receive their degree. In 2006, 276 graduate business degrees were awarded.