Franklin P. Perdue School of Business, Salisbury University in Salisbury, MD

Academics

The Perdue School offers the Master of Business Administration (MBA). Other programs include foreign exchange with 3 countries. The strongest areas of study are marketing and management. The most popular courses are Research Methodology, Organizational Theory, and Corporate and International Business Seminar. Regular programs bring distinguished speakers and visiting professors to campus. These include the Great Leader series and International Scholars, Visiting Professors, and Executive-in-Residence programs.

Thirty total credits are required to complete the MBA, including 3 elective credits. Required courses include:

Organizational Theory
Economic Environment of the Organization
Managerial Accounting
Corporate Financial Management
Marketing Strategy
Management Science Models
Corporate Strategic Planning and Policy
International Business Seminar
External Environment of the Organization

Students may eliminate or substitute requirements by transferring up to 9 semester hours of graduate credit from an AACSB school.

The minimum time permitted to complete the master’s degree program attending full time is 3 semesters; maximum, 7 years. For students attending part time, the minimum is 5 semesters; maximum, 7 years.

There are 19 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 25.

Admissions

A bachelor’s degree is required, along with a GPA of 2.75. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1000. Most important admissions factors are academic accomplishments and ability, GMAT results, and grades in upper-level courses. A strong mathematics background is not required.

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, a nonrefundable application fee of $45, 2 letters of recommendation, a resume, and an essay. An interview is recommended. The application deadlines are March 1 for fall entry; October 1, spring. Students are notified April 1 and November 1 of the admissions decision.

Financial Aid

In a recent year, about 5% of graduate business school students received financial aid from scholarships, loans, and graduate assistantships, for a total average of $4392 annually (maximum). Stipends and programs available for minority students include the Maryland Other Race Grant. The FAFSA is required. The application deadline is open for fall entry.

Tuition for in-state residents is $260 per credit, or $4814 per year. Nonresidents pay $546 per credit, or $12,708 per year.Fees total $1598 per year for all students. Graduate student housing is not available on campus. Students have access to ample off-campus housing.

Students

Forty-five percent of a recent graduate business school class were enrolled full time; 75% had an average of 3 to 5 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from Maryland (65%). Forty-three percent were women, 1% were minorities, and 11% were foreign nationals. The average age at entrance was 24; ages ranged from 21 to 47. Thirty-nine percent entered directly from undergraduate school; 1% already have a graduate degree. Students’ undergraduate majors were as follows: 75%, business; 15%, liberal arts; 3%, engineering; 3%, math and science; and 3%, social sciences.