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.

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.

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.

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.

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