The Robert B. Pamplin School of Business Administration offers the Master of Business Administration (MBA). Other programs include work-study programs, internships, and joint research opportunities. The strongest areas of study are general business, entrepreneurship, and finance. The most popular courses are Negotiation and Persuasion Strategies, New Venture Management, Security and Portfolio Analysis, and Cross-cultural Management. Regular programs bring distinguished speakers and visiting professors to campus. They include the Alumni Breakfast Series, the MBA Speaker Series, and the Bauccio Lecture Series.
Thirty-six total credits are required to complete the MBA, including 9 elective credits. Required courses include:
- Statistical and Quantitiative Analysis
- Economic Analysis
- Marketing Management
- Corporate Finance
- Operations Management
- Principles of Accounting
- Competing in the Global Economy
- Leadership and Upper Level Management
- Social Responsibility in Organizations
- Applied Marketing Strategies
- Applied Financial Analysis
- Cross-cultural Management
- Strategic Issues and Applications in Management
- Managerial Accounting Students are able to waive 5 of the 6 foundation classes (basic Business Principles) if they have successfully completed the coursework with a B grade or higher and the class has been within the last 7 years from an AACSB-accredited school.
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 3 semesters; maximum, 5 years. For students attending part time, the minimum is 6 semesters; maximum, 5 years.
There are 25 total full-time graduate business faculty, of whom 96% hold a doctorate; there are 3 part-time faculty, of whom 33% hold a doctorate. Faculty salaries are rated average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 20.
A bachelor’s degree is required, along with a GPA of 3.0 and a GMAT score of 500. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1100. Most important admissions factors are GMAT results, grades in upper-level courses, and work experience. A strong mathematics background is not required.
The number of applicants for the 2006-2007 class was 73; 60 were accepted; 34 enrolled. The average GPA was 3.39; average GMAT score was 540. Transfers are accepted.
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 $50, 2 letters of recommendation, and a resume. The application deadlines are July 1 for fall entry; December 1, spring; April 1, summer. Students are notified within 2 weeks of their application date 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.
The FAFSA is required. The application deadline is March 1 for fall entry.
Tuition for all students is $728 per credit. Books and supplies are approximately $100 per course. Graduate student housing is not available.
Forty-five percent of the current graduate business school class are enrolled full time; 85% have had an average of 5 years of full-time work experience prior to entering graduate school, a factor preferred by the school. Forty percent of students are women, 6% are minorities, and 37% are foreign nationals. The average age at entrance is 29; ages range from 22 to 58. Five percent enter directly from undergraduate school; 3% already have a graduate degree. Students’ undergraduate majors were as follows: 45%, business; 17%, engineering; 14%, social sciences; 11%, liberal arts; 11%, math and science; and 2%, economics. About 7% of entering students leave by the end of the first year due to academic or personal reasons; 93% remain to receive their degree. In 2006, 48 graduate business degrees were awarded.