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Graduate Business School, One Bear Place, 98013
Waco, TX 76798-8013
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Hankamer School of Business

Hankamer School of Business Rating: 5.0/5 (1 votes)


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.


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.

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.


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.

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