Hankamer School of Business

Baylor University, Hankamer School of Business History

Baylor University, founded in 1845, is a private, coeductional institutional affiliated with the Baptist Church. The 550-acre campus is located in a suburban area 100 miles south of Dallas and 90 miles north of Austin. Total undergraduate and graduate enrollment is approximately 14,000. Figures given in the above capsule are approximate.

The Hankamer School of Business was founded in 1959 and is located on the main campus. Courses also are offered at Dallas (EMBA). The basic educational approach is personalized, stressing the use of quantitative methods in addition to organizational theory and situational analysis. The program is geared toward the placement of students in major national and international firms.

Baylor University, Hankamer School of Business Academics

Baylor Business offers the Master of Business Administration (MBA), Master of Taxation (MTax), Master of Business Administration in International Management (MBAIM), Executive Master of Business Administration (EMBA), Master of Business Administration in Information Systems Management (MBA/ISM), Master of Science in Information Systems (MSIS), Master of Accountancy (MAcc), and Master of Science in Economics (MS/Eco) as well as a doctoral program in statistics, and a joint degree in law (JD/MBA, JD/MTax) and information systems (MBA/MSIS). Other programs include interdisciplinary study in the MBAIM program, cross-registration with Baylor School of Law, foreign exchange with 21 countries, and internships, required of students with less than 2 years of full-time work experience. The strongest areas of study are finance, entrepreneurship, and health care administration. The most popular courses are finance, information systems, international business, and health care administration. Regular programs bring distinguished speakers and visiting professors to campus, including the Ben E. Williams Speaker Series.

Fifty-four total credits are required to complete the MBA, including 21 elective credits. Required courses include:

• Organizational Behavior
• Marketing Administration
• Information Systems for Management Decision Making
• Financial Control
• Corporate Finance
• Microeconomics Theory
• Strategic Management
• Focus Firm
• Operations Management

Students may eliminate or substitute requirements for up to 6 hours of graduate work.

The minimum time permitted to complete the master’s degree program attending full time is 4 semesters; maximum, 5 semesters.

There were 43 total full-time graduate business faculty, of whom 91% hold a doctorate. Faculty salaries are rated below average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 20.

Baylor University, Hankamer School of Business Unique Programs

Library

The university’s main library houses a collection of more than 1.5 million volumes, and subscribes to 9200 periodicals. The business library is particularly strong in taxation, with a 1500-volume collection of taxation-related materials, all of the major services, and complete sets of court decisions from the major publishers. Students have access to such databases and networks as Lexis. Other opportunities for research consist of the Centers for Advancement of Economic Analysis, Entrepreneurship and Professional Sales, and Banking.

Computers

Graduate business students must have their own PCs. The business school has its own computer facilities, consisting of an IBM 4381-P22 mainframe with 40 terminals, open from 8 a.m. to midnight. The engineering and computer science department has a DEC VAX 8700 mainframe with 55 terminals in dorms and laboratories across the campus, open 24 hours a day. IBM PCs and word processing equipment are provided for unlimited academic use. Technical consulting services and noncredit seminars are offered to computer users.

Career and Job Placement

Placement services are extensive. Placement services for alumni include counseling, resume review, credentials referral, and the use of placement center resources. Placement is available through the university placement office.

International Students

International students must take the TOEFL. They also must submit a translation of their transcripts, proof of health consisting of a chest X-ray, a medical history, an exam by a doctor, and an immunization record, and proof of adequate funds to cover 2 semesters of study. A deposit of $750 is required. Financial aid is available for these students and consists of graduate assistantships. Check with the school for current application deadlines.

Calendar

The school operates on a traditional semester basis. Semesters are 16 weeks long; summer sessions, 5 weeks. Graduate programs are offered during the day only.

Baylor University, Hankamer School of Business Admissions

A bachelor’s degree is required, along with a GPA of 2.7. Most important admissions factors are academic accomplishments and ability, GMAT results, and work experience. A strong mathematics background is not required.

The number of applicants for a recent class was 126; 70 were accepted; 47 enrolled. The average GPA was 3.18. Transfers are accepted. Minority students are actively recruited.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $50, and 2 letters of recommendation. Students are notified usually within 2 to 4 weeks of the admissions decision. Once accepted, students may defer admission for up to 1 calendar year. Check with the school for current application deadlines.

Baylor University, Hankamer School of Business Financial Aid

The FAFSA and the school’s own financial statement are required. Check with the school for current application deadlines.

Tuition for all students is $20,000 per year. On-campus room and board costs approximately $10,500; books and supplies, $1500; personal expenses, $1000; and other fees, $2130, for an estimated annual total of $35,130. Graduate student housing consists of 48 apartments. There is a referral service to help procure off-campus housing.

Baylor University, Hankamer School of Business Students

All of a recent graduate business school class were enrolled full time; 85% had an average of 4 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from Texas (58%). Twenty-three percent were women, 8% were minorities, and 35% were foreign nationals. The average age at entrance was 27; ages ranged from 21 to 33. Fifteen percent entered directly from undergraduate school. Students’ undergraduate majors were as follows: 37%, business; 12%, social sciences; 10%, economics; 7%, math and science; 4%, engineering; and 4%, liberal arts. In a recent year, 60 graduate business degrees were awarded.