College of Business/MBA Program

Morehead State University, College of Business/MBA Program History

Morehead State University, founded in 1922, is a public, coeducational institution. The 500-acre campus is located in a small town 64 miles east of Lexington. Total undergraduate and graduate enrollment is 9100.

The College of Business/MBA Program was founded in 1974 and is located on the main campus. The basic educational approach is a mix of lecture and discussion, as well as case analysis.

Morehead State University, College of Business/MBA Program Academics

The College offers the Master of Business Administration (MBA) and Master of Science in Information Systems (MSIS).

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

• Accounting Analysis for Decision Making
• Financial Management
• Marketing Administration
• Managerial Economics
• Organizational Behavior
• Managerial Communications
• Business Policy and Strategy
• Managing Information Technology

Required courses for the MSIS include:

• Research Strategies in BIS
• Systems Planning and Implementation
• Innovation, Technology, and Organizational Change
• Global Information Systems

Business students may take relevant nonbusiness courses in other departments. The maximum time permitted to complete the master’s degree program attending full or part time is 10 years.

There are 24 total full-time graduate business faculty, of whom 92% hold a doctorate. Faculty salaries are rated well below average for Category IIA institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 18; average business class size is 30.

Morehead State University, College of Business/MBA Program Unique Programs

Library

Publications for the business school contained in the main library consist of more than 25,000 volumes, and subscriptions to 125 periodicals. Students have access to such databases and networks as Lexis/Nexis and FirstSearch. Other opportunities for research consist of the Small Business Development Institute.

Computers

Graduate business students need not have their own PCs. The business school has its own computer facilities, consisting of the Reed Hall Computing Center, which provides computer facilities for the entire university. There are some 450 terminals throughout the campus open 24 hours a day. A PC laboratory and classrooms house PCs for student use. The library computer laboratory houses 89 terminals, all with Internet access, and is open 8 a.m. to 10 p.m. throughout the business week.

Career and Job Placement

Placement services are limited, since most students are already employed full time, and are available through the university placement office.

International Students

International students must take the TOEFL. International students must score 525 on the Paper-Based TOEFL (PBT). They also must submit a translation of their transcripts and proof of adequate funds. Financial aid is available for these students and consists of graduate assistantships. The application deadline for fall entry is August 1.

Calendar

The school operates on a traditional semester basis. Semesters are 17 weeks long; summer sessions, 4 weeks. Graduate programs are offered on-line.

Morehead State University, College of Business/MBA Program 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, or minimum 1000. Most important admissions factors are GMAT results, grades in upper-level courses, and letters of recommendation. A strong mathematics background is not required.

The number of applicants for a recent class was 237; 215 were accepted; 190 enrolled. The average GPA was 3.3; average GMAT score was 499. Transfers are accepted. Minority students are actively recruited through liberal financial aid, graduate assistantships, and free housing.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, and GMAT scores. The application deadlines are August 1 for fall entry; December 1, spring; April 15, summer. Students are notified on a rolling basis of the admissions decision. Once accepted, students may defer admission for up to 2 years.

Morehead State University, College of Business/MBA Program Financial Aid

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 $295 per credit. Nonresidents pay $785 per credit. Graduate student housing is available in dormitories and efficiency apartments. There is a referral service to help procure off-campus housing.

Morehead State University, College of Business/MBA Program Students

Nine percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from Kentucky (70%). Forty-seven percent are women and 1% are foreign nationals. Ages range from 22 to 59. Seven percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 58%, business; 18%, engineering; 8%, liberal arts; 5%, economics; 3%, social sciences; and 2%, math and science. About 12% of entering students leave by the end of the first year due to academic or personal reasons.