Raj Soin College of Business
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The College of Business offers the Master of Business Administration (MBA), Master of Science in Social and Applied Economics (MSSAE), and Master of Accounting (MAcc) as well as a joint degree in social and applied economics (MBA/MS) and nursing (MBA/MS). Other programs include cross-registration with Southwestern Ohio Council of Higher Education schools, work-study, foreign exchange with 3 countries, and internships. The strongest areas of study and the most popular courses are Finance and Management. Regular programs bring distinguished speakers and visiting professors to campus.
Fifty-one total credits are required to complete the MBA, including 12 elective credits. Required courses include:
Economics for Managers
Strategic Cost Management
Financial Analysis and Decision Making
Managing People in Organizations
The Marketing Process
International Business and the Global Economy
Law, Regulation, Politics, and the Social Environment of Busines
Developing and Implementing Organizational Competitive Strategie
Information, Technology, and Organization
Students may eliminate or substitute requirements by having foundation (preparatory) courses waived.
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, 5 years. For students attending part time, the minimum is 2 years; maximum, 5 years.
In a recent year, there were 49 total full-time graduate business faculty, of whom 88% held a doctorate. Faculty salaries are rated below average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 9; average business class size is 24.
A bachelor’s degree is required, along with a GPA of 2.7. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 950. Most important admissions factors are grades in upper-level courses, GMAT results, and letters of recommendation. A strong mathematics background is not required.
The number of applicants for a recent class was 280; 188 were accepted; 148 enrolled. The average GPA was 3.13. Transfers are accepted. Minority students are actively recruited.
Students may begin the MBA program in the fall, winter, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $25, 3 letters of recommendation, and GRE (for MS-economics). The application deadline is rolling for fall entry. Students are notified of the admissions decision by letter within a week of acceptance. Once accepted, students may defer admission for up to 3 quarters.
The FAFSA is required. Check with the school for current application deadlines.
Tuition for in-state residents is $300 per credit, or $9000 per year. Nonresidents pay $500 per credit, or $15,000 per year. Graduate student housing consists of on-campus facilities as well as private off-campus housing. There is an apartment community for graduate, professional, or married students. There is a referral service to help procure off-campus housing.
Thirty-five percent of a recent graduate business school class were enrolled full time; 85% 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 were from Ohio (70%). Forty-two percent were women, 6% were minorities, and 7% were foreign nationals. The average age at entrance was 30; ages ranged from 21 to 61. Twenty-three percent entered directly from undergraduate school; 2% already had a graduate degree. Students’ undergraduate majors were as follows: 55%, business; 21%, engineering; 6%, math and science; 5%, economics; 4%, liberal arts; and 4%, social sciences. About 5% of entering students leave by the end of the first year due to academic or personal reasons; 50% remain to receive their degree.
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