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Bennett S. LeBow College of Business

Academics

The LeBow College of Business offers the Master of Business Administration (MBA), Master of Science in Accounting (MSAcc), Master of Science in Finance (MSFinance), Master of Science in Taxation (MSTaxation), and Master of Science in Pharmaceutical Management (MSPharmMan) as well as a doctoral program with primary specialization in accounting, decision sciences, economics, finance, marketing, organizational sciences, or strategic management., and a joint degree in medicine (MD/MBA). Other programs include a BS/MBA, internship programs, and on-line programs. The strongest areas of study are finance, marketing, and international business. Regular programs bring distinguished speakers and visiting professors to campus including an Executive-in-Residence Lecture Series.

Forty-eight total credits are required to complete the MBA and MS, including 12 elective credits. Required courses for the MBA and MS include:

  • Decision Sciences I (Regression Analysis)
  • Decision Sciences II (Linear Programming)
  • Management and Technology
  • Business Policy
  • Business Communication Skills

Students may eliminate or substitute requirements waiving up to 30 credits of first-year courses only.

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 1 year; maximum, 2 years. For students attending part time, the minimum is 2 years; maximum, 7 years.

In a recent year, there were 80 total full-time graduate business faculty, of whom 85% hold a doctorate; there were 50 part-time faculty, of whom 14% hold a doctorate. Faculty salaries are rated average for Category I institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 8; average business class size is 25.

Admissions

A bachelor’s degree is required, along with a GPA of 3.0. Most important admissions factors are GMAT results, grades in upper-level courses, and letters of recommendation. A strong mathematics background is not required.

The number of applicants for a recent class was 911; 428 were accepted; 125 enrolled. The average GPA was 3.3. Transfers are accepted.

Students may begin the MBA program in the fall, winter, 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 an essay. Students are notified of the admissions decision about 4 to 6 weeks after receipt of the application. Once accepted, students may defer admission for up to 1 year. Check with the school for current application deadlines.

Financial Aid

The FAFSA, the school’s own financial statement, the previous year’s tax return, and the Pennsylvania State Grant, and certain other financial statements are required. Check with the school for current application deadlines.

On-campus room and board costs approximately $15,500. Graduate student housing is limited in university-owned apartments. There is a referral service to help procure off-campus housing.

Students

Twenty-nine percent of a recent graduate business school class were enrolled full time; 80% have had an average of 6 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from foreign countries (54%). Forty percent were women, 12% were minorities, and 54% were foreign nationals. The average age at entrance is 27; ages range from 21 to 50. Nineteen percent enter directly from undergraduate school; 1% already have a graduate degree.

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