Sheldon B. Lubar School of Business

University of Wisconsin-Milwaukee, Sheldon B. Lubar School of Business History

University of Wisconsin/Milwaukee, founded in 1956, is a public, coeducational institution. The 93-acre campus is located in an urban area in Milwaukee. Total undergraduate and graduate enrollment is 28,192.

The Sheldon B. Lubar School of Business was founded in 1966 and is located on the main campus, in its own building, Lubar Hall. Courses also are offered at University of Wisconsin/Waukesha (MBA). The basic educational approach of the MBA program is to prepare students to meet the competitive challenges of the business environment in the 21st century; the Executive program is designed for midcareer managers, executives, professionals, and entrepreneurs; the Master of Science in Management program is designed to develop corporate specialists, offering in-depth knowledge and skills in 7 areas of concentration.

University of Wisconsin-Milwaukee, Sheldon B. Lubar School of Business Academics

The Sheldon B. Lubar School of Business offers the Master of Business Administration (MBA), Master of Science in Management (MS), and Executive Master of Business Administration (EMBA) as well as a doctoral program in management science with 5 major fields: finance, management information systems, marketing, organizations and strategic management, and production/operations management, and a joint degree in in public administration, human resources labor relations, and nursing. Other programs include foreign exchange, internship programs, and joint research. The strongest areas of study are accounting, finance, management information systems, taxation, and organizational behavior. Regular programs bring distinguished speakers and visiting professors to campus. These include the Bradley Lecture Series on Business Competitiveness, the Bradley Special Focus Seminar Series, the Center for Technology Innovation, the International Business Center, the Deloitte and Touche Center for Multistate Taxation, and the Research Seminar series.

Thirty-six total credits are required to complete the MBA, including 12 elective credits. Required courses include:

• Accounting Analysis and Control
• Corporate Finance
• Managing in a Dynamic Environment
• Information Technology for Competitive Advantage
• Marketing Strategy: Concepts and Practices
• Data Analysis for Management Applications
• Economic Analysis for Managers
• Competitive Operations Strategy
• Strategic Management

Required courses for the MS include:

• Required courses vary by area of concentration

Students may eliminate or substitute requirements.

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 2 years; maximum, 7 years. For students attending part time, the maximum is 7 years.

There are 64 total full-time graduate business faculty, of whom 94% hold a doctorate; there are 15 part-time faculty, of whom 33% hold a doctorate. Faculty salaries are rated well below average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 2; average business class size is 25.

University of Wisconsin-Milwaukee, Sheldon B. Lubar School of Business Unique Programs

Library

The university’s main library houses a collection of more than 5.1 million volumes, and subscribes to 20,000 periodicals. Students have access to such databases and networks as ABI/INFORM Research Insight, CRSP, EBSCO, Lexis/Nexis, Mergent Online, ProQuest, PAIS. Other opportunities for research consist of the Bostrom Center for Business Competitiveness, International Business Center, Deloitte Center for Multistate Taxation, and Center for Technology Innovation.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of 3 PC laboratories with more than 165 networked terminals in the Business Building, a midrange computer, several UNIX-based systems with Internet access, a 50-workstation teaching classroom, and other specialized laboratories, including an emerging-technology laboratory and a facility for faculty and doctoral student research.

Career and Job Placement

In spring 2006, 27 companies recruited on campus. Sixty-three percent were national corporations. Majors most in demand were business administration, accounting, and taxation. Average starting salary of the graduating class was $58,279; range was $34,000 to $105,000. The percentage of graduates finding jobs were:

• national corporations 55%
• regional corporations 21%
• local small enterprises 15%
• local large enterprises 9%

Placement services are limited, since most students are already employed full time. Placement services for alumni include the school newsletter and a web-based system that alerts alumni to many unadvertised career opportunties. The alumni placement service will allow alumni to become involved in the resume referral service, along with providing assistance with resume preparation. Placement is available through the Career Services Center and the university placement office. Sixty-six percent of the most recent graduating class found jobs within 3 months of receiving their degree.

International Students

International students must take the TOEFL. International students must score 550 on the Paper-Based TOEFL (PBT) or 79 on the Internet-Based TOEFL (iBT). They also must submit a translation of their transcripts, proof of health, and proof of adequate funds to cover 1 year of study. There is a $40 application processing fee. The application deadline for fall entry is January 1.

Calendar

The school operates on a traditional semester basis. Semesters are 16 weeks long; summer sessions, 6 weeks. Graduate programs are offered during the day and evening and weekends.

University of Wisconsin-Milwaukee, Sheldon B. Lubar School of Business Admissions

A bachelor’s degree is required, along with a GPA of 2.75. Most important admissions factors are academic accomplishments and ability, GMAT results, and quality of undergraduate school. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 359; 172 were accepted; 132 enrolled. The average GPA was 3.3; average GMAT score was 555. 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, 2 transcripts, GMAT scores, and a nonrefundable application fee of $45. The application deadlines are January 1 for fall entry; September 1, spring; January 1, summer. Students are notified on a rolling basis of the admissions decision. Once accepted, students may defer admission for up to 1 academic year.

University of Wisconsin-Milwaukee, Sheldon B. Lubar School of Business Financial Aid

About 33% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $15,420 annually; maximum $32,160. Stipends and programs available for minority students include Advanced Opportunity Program fellowships and some business school scholarships. The FAFSA is required. Check with the school for current application deadlines.

Tuition for in-state residents is $654 per credit. Nonresidents pay $1556 per credit. On-campus room and board costs approximately $5000; books and supplies, $800, for an estimated annual total of $13,651 for in-state residents and $24,478 for out-of-state residents. Graduate student housing is available on campus. There is a referral service to help procure off-campus housing.

University of Wisconsin-Milwaukee, Sheldon B. Lubar School of Business Students

Thirty percent of the current graduate business school class are enrolled full time; 80% have had an average of 4 to 5 years of full-time work experience prior to entering graduate school. The greatest percentage of students are from the Midwest (92%). Forty-one percent are women, 10% are minorities, and 8% are foreign nationals. The average age at entrance is 28; ages range from 22 to 49. Twenty-four percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 50%, business; 18%, engineering; 14%, social sciences; 7%, liberal arts; 4%, economics; and 4%, math and science. In 2006, 238 graduate business degrees were awarded.