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Lender School of Business

Academics

The School of Business offers the Master of Business Administration (MBA), MBA in Health Care Management (MBA-HCM), Master of Science in Computer Information Systems (MS-CIS), and Master of Science in Accounting (MSAcc) as well as a joint degree in law and business (JD/MBA, JD/MBA-HCM). The strongest areas of study are management, computer information systems, accounting/taxation, health administration, and finance. The most popular course is Integrative Seminar. Regular programs bring distinguished speakers and visiting professors to campus through the. Special Topics Seminar and the Dean’s Distinguished Speaker Series.

Thirty to 52 total credits are required to complete the MBA, including 6 to 12 elective credits, depending on major. Required courses include:

  • Financial Reporting and Analysis
  • Business Communications
  • Economics for Business Decision Making
  • Financial Analysis and Decision Making
  • Managing in a Global Economy
  • Managing People and Organizations
  • Business Ethics and Legal Environment
  • Business Decision Analysis
  • Information Systems Strategy
  • Strategic Cost and Profitability Analysis
  • Managing Customers and Markets
  • Strategic Management (capstone)

Required courses for the MBA-HCM include:

  • 25 credits of selected business core (above) plus 18 credits of Health Management core
  • Foundations of Health Care Management
  • Health Care Law and Health Care Policy
  • Quality Management in Health Care Facilities
  • Epidemiology and Population Health
  • Financial Management in Health Care
  • Health Economics

Required courses for the MS Acc include:

  • 4 business core courses (see MBA core above)
  • 4 accounting core courses
  • Financial Reporting and Analysis
  • Accounting for Government and Non-Profit Entities
  • Accounting Research Methods
  • Information Assurance

Required courses for the MS-CIS include:

  • 16 credit hours in CIS core courses
  • Information Systems Strategy
  • Data Management
  • Systems Analysis and Design
  • Communications and Networking
  • Information Systems Architecture and Integration
  • Integrative Information Systems Capstone

Students may eliminate or substitute requirements by transferring up to 9 credits from an equivalent master’s program.

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 1 year; part time, 2 years.

There are 24 total full-time graduate business faculty, all of whom hold a doctorate; there are 2 part-time faculty. Faculty salaries are rated well above average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 25.

Admissions

A bachelor’s degree is required, along with a GPA of 2.7 and a GMAT score of 400. The formula for using the GPA and GMAT scores is (GPA x 200) + GMAT, or minimum 1000. 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 85; 55 were accepted; 39 enrolled. The average GPA was 3.31; average GMAT score was 534. Transfers are accepted. Professional organizations and publications serving minority populations are included in the overall recruitment plan. A full-time MBA Director assists with recruitment and increase in minority enrollment.

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 $45, 2 letters of recommendation, and a resume. The application deadline is open for fall entry. Students are notified on a rolling basis of the admissions decision. The latest acceptable test date for fall entry is August. Once accepted, students may defer admission for up to 1 year.

Financial Aid

In a recent year, about 49% of graduate business school students received financial aid from scholarships, loans, and graduate assistantships, for a total average of $12,792 annually; maximum $18,500. The FAFSA is required. Check with the school for current application deadlines.

Tuition for all students is $625 per credit. Graduate student housing is not available. There is a referral service to help procure off-campus housing.

Students

Thirty-one percent of the current graduate business school class are enrolled full time; 75% have 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 are from the Northeast (93%). Forty-one percent are women, 14% are minorities, and 6% are foreign nationals. The average age at entrance is 26; ages range from 21 to 54. Forty-six percent enter directly from undergraduate school; 5% already have a graduate degree. Students’ undergraduate majors were as follows: 65%, business; 14%, social sciences; 7%, liberal arts; 4%, economics; 3%, engineering; and 2%, math and science. About 4% of entering students leave by the end of the first year due to academic or personal reasons; 89% remain to receive their degree. In 2006, 158 graduate business degrees were awarded.

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