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MBA Program

Academics

The School offers the Master of Business Administration (MBA). Other programs include 3-2 degrees in business and economics, graduate assistantships, foreign exchange with England, the Dominican Republic, and China, and internships with local businesses. The strongest areas of study are international business, finance, marketing, general management, and health care. The most popular course is Management.

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

  • Advanced Management Accounting
  • Managerial Economics
  • Advanced Financial Management
  • Organizational Behavior
  • Marketing Planning and Strategy
  • Decision Sciences
  • Management Information Systems
  • Business Policy and Strategy

Students may eliminate or substitute requirements by completing relevant course work previously.

The minimum time permitted to complete the master’s degree program attending full time is 1 year; maximum, 6 years. For students attending part time, the minimum is 1 1/2 years; maximum, 6 years.

There are 20 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 7; average business class size is 20.

Admissions

A bachelor’s degree is required, along with a GPA of 2.0. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 950 or (200 x upper division + 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.

The number of applicants for the 2006-2007 class was 18; 18 were accepted; 18 enrolled. The average GPA was 3.5; average GMAT score was 443. 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 $25, and 2 letters of recommendation. Application deadlines are the second week of July for fall entry; second week of December, spring: second week of May, summer. Students are notified 1 week after the application is received of the admissions decision. The latest acceptable test date for fall entry is August 1. Once accepted, students may defer admission for up to 1 year.

Financial Aid

About 88% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $5555 annually; maximum $11,762. The FAFSA, the school’s own financial statement, and the previous year’s tax return are required. The application deadlines are March 15 for fall entry; October 15, spring; April 15, summer.

Tuition for in-state residents is $2118 per year. Nonresidents pay $11,708 per year. Books and supplies cost approximately $300; and other fees, $1121, for an estimated annual total of $3539 for in-state residents and $13,129 for out-of-state residents. Graduate student housing is not available on campus. There is a referral service to help procure off-campus housing.

Students

Nineteen percent of the current graduate business school class are enrolled full time; 90% have had an average of 5 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from North Carolina (87%). Fifty-eight percent are women, 44% are minorities, and 13% are foreign nationals. The average age at entrance is 34; ages range from 23 to 55. Eight percent enter directly from undergraduate school; 3% already have a graduate degree. Students’ undergraduate majors were as follows: 46%, business; 12%, liberal arts; 6%, engineering; 5%, social sciences; 3%, economics; and 1%, math and science. About 10% of entering students leave by the end of the first year due to academic or personal reasons; 80% remain to receive their degree. In spring 2006, 8 graduate business degrees were awarded.

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