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School of Business

Academics

The School of Business offers the Master of Business Administration (MBA) and Master of Science in Finance (MS) as well as a joint degree in Nursing (MBA/MS) and Social Work (MSW/post master’s certificate). Other programs include credit-earning internships that combine part-time work and an independent study project. The strongest areas of study are finance and human resources. The most popular courses are finance and management. Regular programs bring distinguished speakers and visiting professors to campus. They include the Executive-in-Residence program in which executives spend a day on campus interacting with students formally and informally.

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

  • Macroeconomics
  • Microeconomics
  • Legal and Ethical Environment
  • Management Theory/Organizational Behavior
  • Management Information Systems
  • Marketing Management
  • Accounting for Managerial Analysis
  • Corporate Finance
  • Statistical Methods
  • Best Practices, Production, and TQM
  • Management of Technology
  • Persuasive Communication and Negotiation
  • Leadership and Innovation in Complex Systems
  • Building Shareholder Value through Competitive Analysis
  • Strategic Management

Students may eliminate or substitute requirements. The MBA is a 66 credit program wherein up to 33 of those credits can be waived based on the student having taken the equivalent undergraduate course in the last 5 to 7 years and earned a minimum of a B.

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 18 months; maximum, 6 years. For students attending part time, the minimum is 3 years; maximum, 6 years.

There are 37 total full-time graduate business faculty, of whom 87% hold a doctorate; there are 4 part-time faculty. Faculty salaries are rated average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 19.

Admissions

A bachelor’s degree is required, along with a GPA of 2.5 and a GMAT score of 400. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT. Most important admissions factors are academic accomplishments and ability, GMAT results, and letters of recommendation. A strong mathematics background is required.

The number of applicants for the 2006-2007 class was 222; 113 were accepted; 76 enrolled. The average GPA was 3.14; average GMAT score was 505. 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 $50, and 2 letters of recommendation. The application deadlines are August 15 for fall entry; December 15, spring; May 15, summer. Students are notified of the admissions decision on a rolling basis. The latest acceptable test date for fall entry is August 15. Once accepted, students may defer admission for 1 academic year.

Financial Aid

About 4% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $10,000 annually; maximum varies. The FAFSA and the previous year’s tax return are required. Check with the school for current application deadlines.

Tuition for all students is $690 per credit. On-campus room and board costs approximately $9500; books and supplies, $1000; personal expenses, $2000; and other fees, $450 Graduate student housing consists of on-campus dormitories. There is a referral service to help procure off-campus housing.

Students

Twenty-three percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from New York (75%). Forty-four percent are women, 22% are minorities, and 22% are foreign nationals. The average age at entrance is 31; ages range from 21 to 64. Twenty-two percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 58%, business; 25%, social sciences; 12%, liberal arts; 1%, economics; 1%, engineering; and 1%, math and science. In 2006, 132 graduate business degrees were awarded.

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