The School of Business offers the Master of Business Administration (MBA). The strongest area of study is management.
Thirty-six total credits are required to complete the MBA, including 6 elective credits. Required courses include:
- Financial Management
- Accounting for Managers
- Managerial Economics
- Marketing Management
- Research Methods
- Behavioral Management
- Data Analysis for Managers
- Strategic Management
- Management Information Systems
- Applied Business Projects
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 2 years; maximum, 6 years. For students attending part time, the minimum is 3 years; maximum, 6 years.
There are 12 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated well below average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 18.
A bachelor’s degree is required, along with a GPA of 2.0 and a GMAT score of 950. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or 950. 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 15; 12 were accepted; 12 enrolled. The average GPA was 2.75; average GMAT score was 400. Transfers are accepted. Minority students are actively recruited by international newspaper ads.
Students may begin the MBA program in the fall and spring. To apply, students must submit an application form, a transcript, GMAT scores, and a nonrefundable application fee of $20. The application deadlines are August 1 for winter entry; January 3, spring. Students are notified of the admissions decision as soon as materials are received. The latest acceptable test date for fall entry is August 15. Once accepted, students may defer admission.
About 18% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $4539 annually; maximum $12,500. The FAFSA, 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 in-state residents is $124 per credit, or $2223 per year. Nonresidents pay $37 per credit, or $6066 per year. On-campus room and board costs approximately $3120; books and supplies, $800; personal expenses, $1000; and other fees, $405, for an estimated annual total of $7548 for in-state residents and $11,391 for out-of-state residents. Graduate student housing is available in private rooms, shared rooms, dormitories, and apartments.
Twenty-six percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from Oklahoma (82%). Sixty-two percent are women, 32% are minorities, and 3% are foreign nationals. The average age at entrance is 30; ages range from 22 to 56. Eighteen percent enter directly from undergraduate school; 6% already have a graduate degree. Students’ undergraduate majors were as follows: 82%, business; 12%, math and science; 3%, social sciences; and 3%, computer science. About 8% of entering students leave by the end of the first year due to academic or personal reasons; 74% remain to receive their degree. In 2006, 7 graduate business degrees were awarded.