The College of Business Administration offers the Master of Business Administration (MBA) and Master of Science in Accounting (MSAcc) as well as a doctoral program, and a joint degree in MBA/PharmD program, 4+1 Engineering/MBA. Other programs include interdisciplinary programs, cross-registration, internships, joint research opportunities, and foreign exchange with 2 countries. The strongest areas of study are marketing, finance, accounting, and management. The most popular courses are management and finance electives. Regular programs bring distinguished speakers and visiting professors to campus, including the Executive-in-Residence program and the Guest Research Scholars series.
Forty-five total credits are required to complete the MBA, including 9 elective credits. Required courses include:
- Principles of Economics
- Statistics for Management
- Financial Accounting
- Organizational Behavior
- Financial Management
- Managerial Marketing
- Strategic Management
- 5 of the following
- Legal Environment of Business
- Information Systems Concepts
- Quantitative Methods for Management
- Production and Operations Management
- Managerial Economics
- Managerial Accounting
- Organizational Decision Making and Design
Students may take a waiver exam for Statistics, Finance or Marketing. Some basic MBA required courses may also be waived from the program of study if a student has taken two similar courses and receives Bs or better in both within the past 5 years.
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, 1 year. For students attending part time, the minimum is 18 months; maximum, 5 years.
There are 49 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated average for Category 1 institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 25.
A bachelor’s degree is required. Most important admissions factors are GMAT results, academic accomplishments and ability, and letters of recommendation. A strong mathematics background is required.
The number of applicants for the 2006-2007 class was 68; 52 were accepted; 38 enrolled. The average GPA was 3.2; average GMAT score was 579. Transfers are accepted.
Students may begin the MBA program in the fall and spring. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $50, 2 letters of recommendation, a statement of purpose, a resume, and a residency form for in-state residents. The application deadlines are June 1 for fall entry; October 1, spring. Students are notified on a rolling basis of the admissions decision. The latest acceptable test date for fall entry is June 1. Once accepted, students may defer admission for up to 1 year.
The FAFSA and the school’s own financial statement are required. Check with the school for current application deadlines.
Tuition for in-state residents is $335 per credit, or $11,057 per year. Nonresidents pay $960 per credit, or $31,688 per year. On-campus room and board costs approximately $7365; books and supplies, $2500; personal expenses, $2500; and other fees, $1781, for an estimated annual total of $25,203 for in-state residents and $45,834 for out-of-state residents. Graduate student housing consists of efficiency or 2- or 3- bedroom apartments in Graduate Village. There is a referral service to help procure off-campus housing.
Twelve percent of the current graduate business school class are enrolled full time. Thirty-nine percent are women. The average age at entrance is 29; ages range from 22 to 42. Thirty-two percent enter directly from undergraduate school; 8% already have a graduate degree. Students’ undergraduate majors were as follows: 50%, business; 26%, engineering; 11%, math and science; 10%, liberal arts; and 3%, social sciences. In 2006, 61 graduate business degrees were awarded.