The Fox School of Business offers the Master of Business Administration (MBA), Executive Master of Business Administration (EMBA), Master of Arts in Economics (MA), Master of Science in Actuarial Science (MS), and International MBA (IMBA) as well as a doctoral program PhD in Business Administration, PhD in Statistics, PhD in Economics. Other programs include work-study programs, internships, and an international MBA. The strongest areas of study are human resource administration, international business, marketing, health care management, finance, e-business, and management information systems. The most popular courses are Finance, Marketing, Management Information Systems, Healthcare Management, and International Business. Regular programs bring distinguished speakers and visiting professors to campus. Speakers from business and industry are invited to address students through the Executive-in-Residence program.
Forty-eight total credits are required to complete the MBA, including 12 elective credits. Required courses include:
- Statistical Analysis
- Operations Management Systems
- Financial Management of Business
- Fundamentals of Accounting
- Economics Analysis
- Managing People and Organizations
- Managing Risk
- The Valuation of Firms
- Entrepreneurial Thinking and Innovation
- Emerging Technology Applications
- Law and Ethics in Business
Students may eliminate or substitute requirements through previous course work or waiver exam.
The minimum time permitted to complete the master’s degree program attending full time is 11 months; maximum, 6 years. For students attending part time, the minimum is 2 years; maximum, 6 years.
In a recent year, there were 150 total full-time graduate business faculty, of whom 98% hold a doctorate; there were 19 part-time faculty, of whom 86% hold a doctorate. Faculty salaries are rated above average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 4; average business class size is 25.
A bachelor’s degree is required, along with a GPA of 3.0 and a GMAT score of 600. 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 a recent class was 1328; 489 were accepted; 239 enrolled. The average GPA was 3.3. Transfers are accepted. Minority students are actively recruited by using the mail-to-destination MBA, recruiting at traditionally black colleges, attending state fairs for minorities in graduate school, and advertising in minority publications.
Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, GRE, if required, a nonrefundable application fee of $40, 2 letters of recommendation, and a statement of goals. Students are notified on a rolling basis of the admissions decision. Once accepted, students may defer admission, but must enroll within 11 months of acceptance. Check with the school for current application deadlines.
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 $12,000 per year. Nonresidents pay $17,000 per year. On-campus room and board costs approximately $8000; books and supplies, $1000; personal expenses, $4000; and other fees, $665, for an estimated annual total of $25,665 for in-state residents and $30,665 for out-of-state residents. Graduate student housing is available in an apartment building on the main campus. There is a referral service to help procure off-campus housing.
Forty-seven percent of a recent graduate business school class were enrolled full time; 84% have had an average of 7 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from the Northeast (76%). Thirty-seven percent were women, 12% were minorities, and 27% were foreign nationals. The average age at entrance is 29; ages range from 21 to 59. Twenty-three percent enter directly from undergraduate school; 8% already have a graduate degree. Students’ undergraduate majors were as follows: 29%, business; 20%, engineering; 20%, liberal arts; 12%, math and science; 5%, social sciences; and 1%, economics.