The College of Business offers the Master of Business Administration (MBA) as well as a doctoral program in curriculum instruction, with a business education specialization., and a joint degree in nursing (MS/MBA). Other programs include an Educational Specialist degree in business education. The strongest area of study is strategic management. The most popular courses are Finance and Accounting. Regular programs bring distinguished speakers and visiting professors to campus. Executives who hold visiting professor positions serve as speakers on campus.
Thirty-three total credits are required to complete the MBA, including 6 elective credits. Required courses include:
- Advanced Management Practices
- Quantitive Problem Solving
- Management Accounting
- Management Information Systems
- Managing the Strategic Workforce
- Strategic Financial Decisions
- Strategic Supply Chain and Operating Decisions
- Strategic Marketing Decisions
- International Global Requirement
Students may eliminate or substitute requirements.
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 1<1/2> years; maximum, 5 years. For students attending part time, the minimum is 2 years; maximum, 5 years.
In a recent year there were 29 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated well below average for Category I institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 18; average business class size is 17.
A bachelor’s degree is required, along with a GPA of 2.7 and a GMAT score of 450. The formula for using the GPA and GMAT scores is (GPA x 200) + GMAT, or minimum 1050. Most important admissions factors are GMAT results, grades in upper-level courses, and letters of recommendation. A strong mathematics background is required.
In a recent year the number of applicants was 140; 98 were accepted; 65 enrolled. The average GPA was 3.1; average GMAT score was 580. Transfers are accepted. Minority students are actively recruited by visits to predominantly minority colleges.
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 $50. Once accepted, students may defer admission to a date agreed upon by the student and the MBA director.
The FAFSA and the school’s own financial statement are required. Check with the school for current application deadlines.
Graduate student housing includes residence halls on campus. An apartment complex located 8 blocks from the campus is for married students, single parents with children, and graduate single students over the age of 21.
All of the current graduate business school class are enrolled full time; 90% have had an average of 3 years of full-time work experience prior to entering graduate school. The greatest percentage of students are from Indiana (60%). Forty-four percent are women, 2% are minorities, and 40% are foreign nationals. The average age at entrance is 27; ages range from 22 to 50. Twenty-five percent enter directly from undergraduate school; 25% already have a graduate degree. Students’ undergraduate majors were as follows: 57%, business; 20%, math and science; 13%, engineering; 5%, liberal arts; and 5%, social sciences. About 4% of entering students leave by the end of the first year due to academic or personal reasons; 80% remain to receive their degree. In a recent year, 40 graduate business degrees were awarded.