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College of Business MBA Program

College of Business MBA Program Rating: 5.0/5 (2 votes)

Academics

The College of Business MBA Program offers the Master of Business Administration (MBA), Master of Science in Economics (MS), Master of Science in Finance (MS), and Master of Science in Accounting (MS) as well as a doctoral program in economics, and a joint degree in law (JD/MBA). Other programs include work-study and internships. The strongest areas of study and most popular courses are human resources management, small business management, and natural resources management. An endowed guest speaker program regularly brings distinguished speakers and visiting professors to campus.

Thirty total credits are required to complete the MBA, including 9 elective credits. Required courses include:

  • Marketing Management
  • Operations Management Models
  • Financial Management
  • International Business
  • Human Resource Management
  • Managerial Accounting
  • Advanced Business Strategy and Policy
  • Communications Tools
  • Quantitative Research Methods
  • Business Information Systems

The minimum time permitted to complete the master’s degree program attending full time is 11 months; maximum, 6 years.

There are 35 total full-time graduate business faculty, of whom 96% hold a doctorate; there are 5 part-time faculty, of whom 20% hold a doctorate. Faculty salaries are rated below average for Category I institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 12; average business class size is 15.

Admissions

A bachelor’s degree is required, along with a GPA of 3.0, a GMAT score of 500, and GRE scores of 900. Most important admissions factors are academic accomplishments and ability, GMAT results, and letters of recommendation. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 83; 48 enrolled. Transfers are accepted. Minority students are actively recruited by targeted mailings and assistantships.

Students may begin the MBA program in the fall and summer. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $50, and 3 letters of recommendation. The application deadlines are March 1 for fall entry; February 1, summer. Students are notified in the spring of the admissions decision. The latest acceptable test date for fall entry is mid-April or earlier. Once accepted, students may defer admission for up to 1 year.

Financial Aid

Stipends and programs available for minority students include assistantships. The FAFSA and the previous year’s tax return are required. Check with the school for current application deadlines.

Tuition for in-state residents is $159 per credit, or $3720 per year. Nonresidents pay $456 per credit, or $10,704 per year. On-campus room and board costs approximately $6240; books and supplies, $1200; personal expenses, $2000; and other fees, $666, for an estimated annual total of $13,826 for in-state residents and $21,810 for out-of-state residents. Graduate student housing consists of residence halls and university apartments.

Students

Forty-three percent of the current graduate business school class have had an average of 3 years of full-time work experience prior to entering graduate school, a factor preferred by the school. Forty-two percent are women and 18% are foreign nationals. The average age at entrance is 32; ages range from 22 to 46. Thirty percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 45%, business; 15%, engineering; 6%, social sciences; 5%, liberal arts; 5%, math and science; and 4%, economics. About 1% of entering students leave by the end of the first year due to academic or personal reasons; 99% remain to receive their degree. In 2006, 44 graduate business degrees were awarded.

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