The Miller College of Business offers the Master of Business Administration (MBA), Master of Arts in Education in business education (MAE), and Master of Science in Accounting (MSA). Other programs include internships. The strongest areas of study are entrepreneurship and finance. The most popular courses are in entrepreneurship and finance.
Thirty total credits are required to complete the MBA, including 6 elective credits. Required courses include:
- Statistics and Quantitative Methods
- Enterprise Information Systems
- Accounting and Decision Making
- Economic Analysis for Managers
- Managerial Finance
- Marketing Management
- Global Strategic Management
Required courses for the MSA include:
- Advanced Topics in Taxation
- Tax Planning and Research
- Attestation Principles and Practices
- Seminar in Professional Issues
- Advanced Financial Accounting
Students may eliminate or substitute requirements with approved course work through another institution.
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 year; maximum, 6 years. For students attending part time, the minimum is 1 1/2 years; maximum, 6 years.
There are 42 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 courses faculty teach is 6; average business class size is 36.
A bachelor’s degree is required, along with a GPA of 2.75 and a GMAT score of 400. Most important admissions factors are academic accomplishments and ability, GMAT results, and work experience. A strong mathematics background is required.
The number of applicants for the 2006-2007 class was 70; 66 were accepted; 64 enrolled. The average GPA was 3.02; average GMAT score was 531. 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, 2 transcripts, GMAT scores, a nonrefundable application fee of $35, and a resume. The application deadlines are July 1 for fall entry; December 1, spring; April 1, summer. Students are notified of the admissions decision within 2 to 4 weeks. The latest acceptable test date for fall entry is June. Once accepted, students may defer admission for up to 2 years.
About 37% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $11,200 annually; maximum $29,596. The FAFSA and the school’s own financial statement are required. The application deadline is March 1 for fall entry.
Tuition for in-state residents is $300 per credit, or $8512 per year. Nonresidents pay $550 per credit, or $21,280 per year. On-campus room and board costs approximately $12,500; books and supplies, $2000; personal expenses, $3000; and other fees, $675, for an estimated annual total of $26,687 for in-state residents and $39,455 for out-of-state residents. Graduate student housing is available in residence halls and in campus apartments. There is a referral service to help procure off-campus housing.
Thirty-nine percent of the current graduate business school class are enrolled full time; 73% have had an average of 6 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from Indiana (89%). Thirty-seven percent are women, 4% are minorities, and 7% are foreign nationals. The average age at entrance is 28; ages range from 21 to 51. Thirty-four percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 51%, business; 12%, engineering; 5%, math and science; 5%, social sciences; 4%, liberal arts; and 3%, economics.