Eberly College of Business and Information Technology

Indiana University of Pennsylvania-Main Campus, Eberly College of Business and Information Technology History

Indiana University of Pennsylvania, founded in 1875, is a public, coeducational institution. The 162-acre campus is located in a small town 60 miles northeast of Pittsburgh. Total undergraduate and graduate enrollment is 14,248.

The Eberly College of Business and Information Technology was founded in 1965 and is located on the main campus, in its own building, Eberly College of Business and Information Technology. Courses also are offered at Monroville and Butler (Executive MBA, Saturday classes) and Bangalore, India (MBA). The basic educational approach is to prepare managers to meet the competitive challenges of the 21st century through an integrated core business curriculum with optional specializations.

Indiana University of Pennsylvania-Main Campus, Eberly College of Business and Information Technology Academics

The Eberly College of Business and Information offers the Master of Business Administration (MBA) and Master of Education in Business (MEd). Other programs include internships with area businesses, federal and state work-study programs, foreign exchange with 12 countries, research assistantships, and a small business institute. The strongest areas of study are general management and international business. The most popular course is International Business. Regular programs bring distinguished speakers and visiting professors to campus, including the Distinguished Speakers Program (Graduate Business Student Association).

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

• Managerial Accounting
• Financial Management
• Management Information Systems
• Organizational Analysis
• Business Policy
• Marketing Management
• Managerial Economics
• Quantitative Methods
• International Business
• Organizational Communications
• Operations Management
• Case Problems in Business Law

Students may eliminate or substitute requirements by transferring up to 6 credits from other MBA/graduate programs.

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, 5 years.

There are 39 total full-time graduate business faculty, of whom 97% hold a doctorate; there are 2 part-time faculty, of whom 50% hold a doctorate. Faculty salaries are rated below average for Category I institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 9; average business class size is 31.

Indiana University of Pennsylvania-Main Campus, Eberly College of Business and Information Technology Unique Programs

Library

The university’s main library houses a collection of more than 600,000 volumes and 17 microform items, and subscribes to 4500 periodicals. The business library is particularly strong in general management and small business. Students have access to such databases and networks as EBSCO Host and LEXIS/Nexis. Other opportunities for research consist of membership in the Center for Research Libraries and OCLC.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of computer labs with 450 PCs and wireless network throughout campus.

Career and Job Placement

In spring 2006, 47 companies recruited on campus. Eighty-five percent were national corporations. Majors most in demand were finance and marketing. Average starting salary of the graduating class was $46,500. The percentage of graduates finding jobs were:

• international 48%
• national corporations 20%
• regional corporations 20%
• local large enterprises 12%

Placement services are extensive. Placement services for alumni include the university’s regular placement service. Placement is available through the university placement office. Eighty percent of the most recent graduating class found jobs within three months of receiving their degree.

International Students

International students must take the TOEFL. They also must submit a translation of their transcripts and proof of adequate funds to cover approximately $18,750 per year of study. Financial aid is available for these students and consists of graduate assistantships and partial tuition waivers. The application deadline for fall entry is April 15.

Calendar

The school operates on a traditional semester basis. Semesters are 14 weeks long; summer sessions, 5 weeks. Graduate programs are offered during the day and evening and weekends.

Indiana University of Pennsylvania-Main Campus, Eberly College of Business and Information Technology Admissions

A bachelor’s degree is required, along with a GPA of 2.7 and a GMAT score of 450. The formula for using the GPA and GMAT scores is (GPA x 200) + GMAT, or minimum 1000. 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 the 2006-2007 class was 330; 250 were accepted; 190 enrolled. The average GPA was 3.5; average GMAT score was 521. Transfers are accepted. Minority students are actively recruited.

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 $30, 2 letters of recommendation, and a goal statement essay. The application deadlines are July 1 for fall entry; November 1, winter; April 1, summer. Students are notified of the admissions decision within 3 weeks of receipt of the completed application. The latest acceptable test date for fall entry is 6 weeks prior to the admissions deadline. Once accepted, students may defer admission for 1 year.

Indiana University of Pennsylvania-Main Campus, Eberly College of Business and Information Technology Financial Aid

About 40% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $9500 annually; maximum $15,000. Stipends and programs available for minority students include the graduate minority scholars program assistantship. The school’s own financial statement is required. The application deadlines are April 1 for fall entry; November 1, spring; April 1, summer.

Tuition for in-state residents is $6048 per year. Nonresidents pay $9678 per year. On-campus room and board costs approximately $4988; books and supplies, $600; personal expenses, $2362; and other fees, $1122, for an estimated annual total of $15,120 for in-state residents and $18,750 for out-of-state residents. Graduate student housing is available in residence halls and apartment buildings. There is a referral service to help procure off-campus housing.

Indiana University of Pennsylvania-Main Campus, Eberly College of Business and Information Technology Students

Ninety-one percent of the current graduate business school class are enrolled full time; 67% have had an average of 3 years of full-time work experience prior to entering graduate school. The greatest percentage of students are from foreign countries (65%). Thirty-two percent are women, 7% are minorities, and 65% are foreign nationals. The average age at entrance is 23; ages range from 21 to 51. Thirty-nine percent enter directly from undergraduate school; 9% already have a graduate degree. Students’ undergraduate majors were as follows: 36%, business; 21%, social sciences; 16%, liberal arts; 11%, engineering; 9%, economics; 6%, math and science; and 1%, health professions. About 4% of entering students leave by the end of the first year due to academic or personal reasons; 96% remain to receive their degree. In 2006, 121 graduate business degrees were awarded.