The MBA program offers the Master of Business Administration (MBA) and Master of Professional Accountancy (MPA). Other programs include work-study and internships. The strongest areas of study are management and accounting. The most popular courses are Negotiation and Arbitration, Strategic Management, and Executive Leadership.
Thirty-six total credits are required to complete the MBA, including 12 elective credits. Required courses include:
- International Legal Environment of Business
- Managerial Economics
- Advanced Financial Management
- Strategic Management
- Operations Management
- Marketing Management
- Accounting for Management
Students may eliminate or substitute requirements. Substitutions may be made for leveling and elective courses only.
The minimum time permitted to complete the master’s degree program attending full time is 1<1/2> year; maximum, 6 years. For students attending part time, the minimum is 3 years; maximum, 6 years.
There are 48 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated well below average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 10.
A bachelor’s degree is required. The formula for using the GPA and GMAT scores is (200 x GPA) + or GMAT, or minimum 950. Most important admissions factors are academic accomplishments and ability, GMAT results, and grades in upper-level courses. A strong mathematics background is required.
The number of applicants for the 2006-2007 class was 42; 39 were accepted; 24 enrolled. The average GPA was 3.0; average GMAT score was 495. Transfers are accepted. Minority students are actively recruited. The MBA Director takes recruiting trips with the Director of International Student Programs to other colleges to recruit international students from underrepresented countries. Also, the Business College sends recruiting letters to recent minority bachelor’s graduates.
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 July 25 for fall entry; December 1, spring; May 1, summer. Students are notified of the admissions decision within 2 weeks of submitting a completed application. Once accepted, students may defer admission for up to 1 year.
About 20% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $7500 annually; maximum $9500. The FAFSA and the school’s own financial statement are required. Check with the school for current application deadlines.
Tuition for in-state residents is $230 per credit, or $4140 per year. Nonresidents pay $507 per credit, or $9126 per year. On-campus room and board costs approximately $2750; books and supplies, $1000; personal expenses, $500, for an estimated annual total of $8390 for in-state residents and $13,376 for out-of-state residents. There is a referral service to help procure off-campus housing.
Thirty-eight percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from Texas (80%). Forty percent are women, 15% are minorities, and 10% are foreign nationals. The average age at entrance is 25; ages range from 21 to 55. Twenty-five percent enter directly from undergraduate school; 5% already have a graduate degree. Students’ undergraduate majors were as follows: 65%, business; 10%, liberal arts; 10%, social sciences; and 5%, engineering. About 35% of entering students leave by the end of the first year due to academic or personal reasons; 50% remain to receive their degree. In 2006, 23 graduate business degrees were awarded.