The MBA Program offers the Master of Business Administration (MBA) as well as a joint degree in nursing (MBA/MS), computer science (MBA/MSCS), and industrial engineering (MBA/ME). Other programs include cooperative programs with various businesses, work-study programs, foreign exchange with 2 countries, internship programs with various businesses and not-for-profit firms, and joint research. The strongest areas of study are managerial and analytical training and decision making. The most popular courses are in management, finance, and marketing. Regular programs bring distinguished speakers and visiting professors to campus.
Thirty-six total credits are required to complete the MBA, including 3 elective credits. Required courses include:
Leveling courses:
Financial Accounting
Foundations of Economics
Legal Environment of Business
Statistical Analysis for Decision Making
Foundations of Organization Behavior
Operations Management and Information Systems
Administrative Communications
Marketing Concepts
Foundations of Finance
Second Year Courses, thesis route:
Managerial Accounting
Seminar in Management
Seminar in Monetary and Fiscal Policy
Financial Management
Seminar in Marketing
Strategic Management
Environment of Business
2 thesis courses
Second-year courses, nonthesis route:
All thesis route courses plus
Business Research and Quantitative Methods
12 semester hours of approved electives
Written comprehensive exam
Required courses for the Additional required courses for the MBA with accounting emphasis include:
Accounting Theory
plus 6 hours of graduate-level accounting
(9 hours of electives waived)
Students may eliminate or substitute requirements based on previous course work.
The minimum time permitted to complete the master’s degree program attending full time is 1 year; maximum, 2 years. For students attending part time, the minimum is 2 years; maximum, 4 1/2 years.
In a recent year, there were 20 total full-time graduate business faculty, all of whom held a doctorate. Faculty salaries were rated below average for Category IIA institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 18; average business class size is 17.
Lamar University, College of Business
Admissions
A bachelor’s degree is required, along with a GPA of 2.5 and a GMAT score of 450. The formula for using the GPA and GMAT scores is (200 x undergraduate GPA) + GMAT, or minimum 950. Most important admissions factors are grades in upper-level courses, GMAT results, and academic accomplishments and ability. A strong mathematics background is not required.
The number of applicants for a recent class was 59; 59 were accepted; 47 enrolled. The average GPA was 3.09; average GMAT score was 494. 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, and a nonrefundable application fee of $25. Students are notified immediately of the admissions decision. Once accepted, students may defer admission. Check with the school for current application deadlines.
Financial Aid
Stipends and programs are available for minority students. The GAPSFAS is required. Check with the school for current application deadlines.
Tuition for in-state residents is $2500 per year. Nonresidents pay $8000 per year. On-campus room and board costs approximately $5000; books and supplies, $400; personal expenses, $3000; and other fees, $788, for an estimated annual total of $11,688 for in-state residents and $17,188 for out-of-state residents. Graduate student housing consists of several dormitories and off-campus apartments that are within walking distance. There is a referral service to help procure off-campus housing.
Lamar University, College of Business
Students
Fifty-one percent of a recent graduate business school class were enrolled full time; 90% had an average of 9 years of full-time work experience prior to entering graduate school. The greatest percentage of students were from Texas (85%). Forty-two percent were women, 23% were minorities, and 14% were foreign nationals. The average age at entrance was 29; ages ranged from 22 to 54. Thirty-three percent entered directly from undergraduate school; 14% already had a graduate degree. Students’ undergraduate majors were as follows: 35%, business; 35%, engineering; 10%, liberal arts; 10%, math and science; 9%, social sciences; and 1%, economics. About 10% of entering students leave by the end of the first year due to academic or personal reasons; 70% remain to receive their degree. In a recent year, 30 graduate business degrees were awarded.
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