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College of Business

Academics

The College of Business offers the Master of Business Administration (MBA), Master of Science in Finance and Economics (MSFE), and Master of Professional Accounting (MPA). Other programs include 3-2 degree programs, foreign exchange with Taiwan and Canada, and internships. The university offers a professional program that integrates the undergraduate bachelor of Business Administration in Accounting and the MPA degrees. The strongest areas of study are management, marketing, and general business. The most popular courses are Management, Quantitative Analysis in Business, and Economics.

Thirty-six total credits are required to complete the MBA, including 12 elective credits. Required courses include:

  • Accounting for Decision Making
  • Seminar in Advanced Microeconomic Theory
  • Quantitative Analysis in Business
  • Seminar in Finance
  • Information Technology Management
  • Seminar in Marketing
  • Seminar in Organizational Behavior
  • Strategic Management

Required courses for the MSFE include:

  • International Economics orInternational Finance
  • Econometrics
  • Seminar in Advanced Microeconomic Theory
  • Seminar in Advanced Macroeconomic Theory
  • Seminar in Finance
  • Money and Banking orMoney and Capital Markets
  • Portfolio Management
  • Seminar in Finance Theory

Required courses for the MPA include:

  • Seminar in Accounting Theory
  • Seminar in Accounting Systems
  • Seminar in SEC Accounting
  • Seminar in Tax Research
  • Seminar in Auditing

Students may eliminate or substitute requirements by transferring credits from an accepted MBA 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 2 years; maximum, 6 years. For students attending part time, the minimum is 3 years; maximum, 6 years.

There are 36 total full-time graduate business faculty, of whom 72% hold a doctorate; there are 40 part-time faculty, of whom 65% hold a doctorate. Faculty salaries are rated below average for Category llA institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 11; average business class size is 31.

Admissions

A bachelor’s degree is required, along with a GPA of 2.5 and a GMAT score of 400. Most important admissions factors are academic accomplishments and ability, grades in upper-level courses, and GMAT results. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 325; 250 were accepted; 205 enrolled. The average GPA was 3.1; average GMAT score was 437. Transfers are accepted.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, and a nonrefundable application fee of $25. The application deadlines are August 1 for fall entry; December 1, spring; May 1, summer. Students are notified within 1 month of application of the admissions decision. The latest acceptable test date for fall entry is before the end of the first 6 weeks of class. Once accepted, students may defer admission.

Financial Aid

About 60% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $5199 annually; maximum $14,526. The FAFSA and the school’s own financial statement are required. The application deadlines are August for fall entry; December, spring; May, summer.

Tuition for in-state residents is $127 per credit, or $3048 per year. Nonresidents pay $402 per credit, or $9648 per year. On-campus room and board costs approximately $5000; books and supplies, $900; personal expenses, $2828; and other fees, $834, for an estimated annual total of $12,610 for in-state residents and $19,210 for out-of-state residents. Graduate student housing is available in dormitories and local rentals. There is a referral service to help procure off-campus housing.

Students

Forty-two percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from Texas (71%). Forty-seven percent are women, 15% are minorities, and 24% are foreign nationals. The average age at entrance is 30; ages range from 21 to 69. Students’ undergraduate majors were as follows: 16%, business; 10%, math and science; 7%, liberal arts; 4%, social sciences; 2%, economics; and 2%, engineering. About 33% of entering students leave by the end of the first year due to academic or personal reasons. In 2006, 125 graduate business degrees were awarded.

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