School of Management

Academics

The School of Management offers the Master of Business Administration (MBA), Master of Science in Accounting (MSA), and Master of Science in Finance (MSF) as well as a joint degree in engineering-industrial and manufacturing systems engineering (MBA/MSE-IMSE) and health services administration (MBA/MHSA). Other programs include an interdisciplinary program in engineering management through the School of Engineering, a foreign exchange program with 3 countries, cross-registration with the Horace H. Rackham School of Graduate Studies, work-study programs, and internships with local enterprises. The strongest areas of study are general management, finance, international business, and marketing. Regular programs bring distinguished speakers and visiting professors to campus, including the Building for the Future Series.

Thirty-six total credits are required to complete the MBA, including 6 elective credits. Required courses include:

  • Organization Behavior
  • Computer and Information Systems
  • Applied Statistical Modeling
  • Economic Analysis: Firm and Consumer
  • Developing and Interpreting Financial Information
  • Marketing Management
  • Operations Management
  • Financial Management I
  • Managing Strategic Innovation and Change
  • Strategic Planning and Decision Making
  • Legal Environment for Managers
  • Economic Analysis: National and International

Required courses for the MBA/MSE-IMSE include:

  • Organization Behavior
  • Computer and Information Systems
  • Economic Analysis: Firm and Consumer
  • Developing and Interpreting Financial Information
  • Marketing Management
  • Financial Management I
  • Economic Analysis: Industry and the Economy
  • Legal Environment for Managers
  • Managing Strategic Information and Change
  • Strategic Planning and Decision Making
  • Production Management
  • Optimization
  • Multivariate Statistics
  • Design and Analysis of Experiments

Required courses for the MSA include:

  • Seminar in Financial Accounting Theory
  • Advanced Accounting Information Systems

Required courses for the MSF include:

  • Financial Management II
  • Investment Analysis and Management
  • Speculative Markets or
  • International Financial Management

Students may eliminate or substitute requirements by transferring credits, by examination, or by previous course work.

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, 7 years. For students attending part time, the minimum is 2 years; maximum, 7 years.

There are 25 total full-time graduate business faculty, all of whom hold a doctorate; there are 10 part-time faculty, of whom 10% hold a doctorate. Faculty salaries are rated above average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 28.

Admissions

A bachelor’s degree is required. The formula for using the GPA and GMAT scores is (200 x upper-division GPA) + GMAT. Most important admissions factors are grades in upper-level courses, GMAT results, and academic accomplishments and ability. A strong mathematics background is required.

Transfers are accepted. Minority students are actively recruited at minority graduate school information conferences.

Students may begin the MBA program in the fall, winter, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $60, 1 letter of recommendation, a resume, and a personal statement. The application deadlines are August 1 for fall entry; December 1, winter; April 1, summer. Students are notified on a rolling basis of the admissions decision. The latest acceptable test date for fall entry is August. Once accepted, students may defer admission for 1 academic year.

Financial Aid

The FAFSA, the school’s own financial statement, and the previous year’s tax return are required. Check with the school for current application deadlines.

Tuition for in-state residents is approximately $370 per credit. Nonresidents pay approximately $850 per credit. Graduate student housing is not available on campus. There is a referral service to help procure off-campus housing.

Students

Ten percent of a recent graduate business school class were enrolled full time; all have had an average of 7 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from Michigan (90%). Thirty-five percent are women, 31% are minorities, and 6% are foreign nationals. The average age at entrance is 30; ages range from 24 to 54. One percent enter directly from undergraduate school; 22% already have a graduate degree. Students’ undergraduate majors were as follows: 38%, business; 33%, engineering; 11%, education, health care, nursing, and general studies; 7%, liberal arts; 7%, social sciences; and 4%, math and science. In a recent year, 66 graduate business degrees were awarded.

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