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School of Business and Economics/Graduate Business Program

Academics

The Graduate Business Program offers the Master of Business Administration (MBA), Master of Science in Accounting (MSA), and Master of Science in Management of Information Technologies (MS-MIT). The strongest areas of study are accounting and information technologies. The most popular course is in leadership.

Thirty-six total credits are required to complete the MBA, including 6 elective credits. Required courses include:

  • Managerial Price Theory
  • Management Information Systems
  • Legal/Ethical Environment of Business
  • Production Management
  • Buyer Behavior
  • Strategic Financial Management
  • Leadership and Change
  • Management Accounting Concepts
  • Business Policy
  • International Accounting Practiceor
  • Management of International Operationsor
  • International Finance

Required courses for the MSA include:

  • Leadership, Negotiation, and Human Resource Management
  • Professional Communication Skills
  • Advanced Financial Accounting Theory and Practice
  • Advanced Auditing Practice
  • Consulting and Strategic Cost Management
  • Management Information Systems
  • Advanced Tax Topics
  • International Accounting Practice
  • Interpretation and Analysis of Financial Statements
  • Strategic Financial Management
  • 2 electives

Required courses for the MS-MIT include:

  • Management Information Systems
  • Legal/Ethical Environment of Business
  • Production Management
  • Managerial Decision-Making Models
  • Object-Oriented Programming
  • Database Management Systems
  • Telecommunications and Computer Networking
  • Web Site Development Techniques
  • Management of IT Projects
  • Decision Support Systems
  • Electronic Commerce
  • Business Process Re-engineering Using IT
  • Seminar in Management of Information Technologies * elective

Students may eliminate or substitute requirements based on previous course work or through written examination.

The minimum time permitted to complete the master’s degree program attending full time is 1 to 2 years; maximum, 5 years. For students attending part time, the minimum is 2 to 3 years; maximum, 5 years.

There are 23 total full-time graduate business faculty, all of whom hold a doctorate; there are 7 part-time faculty, of whom 43% hold a doctorate. Faculty salaries are rated below average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 20.

Admissions

A bachelor’s degree is required, along with a GPA of 2.75 and a GMAT score of 450. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1000. Most important admissions factors are letters of recommendation, work experience, and GMAT results. A strong mathematics background is not required.

Transfers are accepted. Minority students are actively recruited by scholarships to underrepresented students.

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 3 essays. The application deadlines are July 1 for fall entry; November 1, spring; April 1, summer. Students are notified of the admissions decision within 3 weeks after the application deadline. Once accepted, students may defer admission for up to 1 year.

Financial Aid

The FFS is required. Check with the school for current application deadlines.

Tuition for in-state residents is $224 per credit. Nonresidents pay $540 per credit. Graduate student housing is available for international graduate students only. There is a referral service to help procure off-campus housing.

Students

Twenty-two percent of a recent graduate business school class were enrolled full time; 75% have had an average of 5 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 Midwest (75%). Thirty-eight percent are women, 5% are minorities, and 29% are foreign nationals. The average age at entrance is 31; ages range from 22 to 51. Twenty percent enter directly from undergraduate school; 2% already have a graduate degree. Students’ undergraduate majors were as follows: 46%, business; 20%, engineering; 14%, liberal arts; and 4%, math and science. About 20% of entering students leave by the end of the first year due to academic or personal reasons; 53% remain to receive their degree.

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