The Clemson University College of Business a offers the Master of Business Administration (MBA), Master of Science in Marketing (MSMkt), Master of Science in Management (MSM), Master of Professional Accountancy (MPAcc), and Master of Arts in Economics (MA) as well as a doctoral program in economics. Other programs include foreign exchange with France, Germany, and Belgium, and summer internships with industry, and dual degrees in many areas. The strongest areas of study are MBA and Masters in Public Accountancy. Regular programs bring distinguished speakers and visiting professors to campus. Speakers come twice a month, drawn from business and industry.
Sixty-two total credits are required to complete the MBA, including 18 elective credits. Required courses include:
- Managerial Economics
- Statistical Analysis for Business
- Introduction to Accounting and Finance
- Operations Management
- Management Information Systems Development
- Organization Behavior/Human Resources Management
- Strategic Management
- Managerial Marketing
- Business Communications
- Managerial Accounting
- Advanced Financial Management
- Advanced Marketing Strategy
- Business Law
Required courses for the MPAcc include:
- Environment of Accounting
- Advanced Accounting Problems
- Law for Professional Accountants
- International Financial Management
- Non-accounting business-related course chosen with coordinator’s consent
- Contemporary Financial Accounting Theory
- Auditing Seminar
- Accounting Information Systems
- Taxation of Business Entities
- Operational Auditing
Required courses for the MSMkt include:
- Marketing Strategy and Analysis
- Marketing Research
- Quantitative Methods in Marketing
- Buyer Behavior
- Seminar in Marketing Management
- Selected Topics in Marketing
- Master’s Project Research
- Statistical Methods
- Analytic Methods Course
Required courses for the MA include:
- Microeconomic Theory l
- Macroeconomic Theory
- Econometrics l
- Applied Math Economics
- Microeconomic Theory ll
- Macroeconomic Theoy ll
- Econometrics ll
- Computational Methods in Economics
- Price Theory
- Gen Equil and Growth
Students may eliminate or substitute requirements by waiving, with replacement, up to 15 semester hours via testing. Up to 6 approved semester hours may be transferred from another acceptable 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 1 year; maximum, 6 years. For students attending part time, the minimum is 2 years; maximum, 6 years.
There are 87 total full-time graduate business faculty, all of whom hold a doctorate; there are 2 part-time faculty, of whom 50% hold a doctorate. Faculty salaries are rated 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. Most important admissions factors are academic accomplishments and ability, a successful interview, and GMAT results. A strong mathematics background is required.
The number of applicants for a recent year was 249; 137 were accepted; 70 enrolled. The average GPA was 3.39; average GMAT score was 614. Transfers are accepted. Minority students are actively recruited by minority recruitment forums and advertisements in minority business publications.
Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, 2 transcripts, GMAT scores, the GRE for the MA, a nonrefundable application fee of $50, 2 letters of recommendation. A resume is required plus a statement of intent and an interview (full-time MBA only). The application deadlines are April 1 for fall entry; November 1, spring; March 15, summer. Students are notified on a rolling basis of the admissions decision. The latest acceptable test date for fall entry is April 1. Once accepted, students may defer admission up to 1 year.
About 80% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $3672 annually; maximum $18,500. Stipends and programs available for minority students are in the form of scholarships. The FAFSA and the school’s own financial statement are required. Check with the school for current application deadlines. Applicants should allow a minimum of 3 months for processing.
Tuition for in-state residents is $400 per credit. Nonresidents pay $676 per credit. On-campus room and board costs approximately $6750; books and supplies, $1800; personal expenses, $3100, for an estimated annual total of $19,850 for in-state residents and $28,078 for out-of-state residents. Graduate student housing is limited on campus; most graduate students live off campus in apartments or rental houses. There is a referral service to help procure off-campus housing.
Sixty-one 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. The greatest percentage of students are from the South (65%). Thirty-five percent are women, 5% are minorities, and 20% are foreign nationals. The average age at entrance is 28; ages range from 22 to 47. Twenty-five percent enter directly from undergraduate school; 3% already have a graduate degree. Students’ undergraduate majors were as follows: 40%, business; 37%, engineering; 10%, math and science; 9%, liberal arts; 2%, economics; and 2%, social sciences. About 6% of entering students leave by the end of the first year due to academic or personal reasons; 92% remain to receive their degree. In 2006, 110 graduate business degrees were awarded.