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Raleigh, NC 27695-7229
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College of Management

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Academics

The College of Management offers the Master of Arts in Economics/Master of Economics (MAME), Master of Accounting (MAC), and Master of Business Administration (MBA) as well as a doctoral program in economics. Other programs include work-study, internships, and cooperative programs. The strongest areas of study are supply chain management, information technology, technology commercialization, and innovation management. The most popular courses are in supply chain management, information technology, and innovation management. Regular programs bring distinguished speakers and visiting professors to campus including the Graduate Symposium, in which more than 100 corporate executives interact with faculty and students, and the Wachovia Lecture Series, an ongoing series of community speakers.

Forty-two total credits are required to complete the MBA, including 9 elective credits. Required courses include:

  • Survey of Accounting
  • Strategic Management
  • Statistics and Quantitative Methods
  • Managerial and Career Effectiveness
  • Managing People in the High Tech Environment
  • Managerial Finance
  • Marketing Management and Strategy
  • Production and Operations Management
  • Economics for Managers

Required courses for the MAC include:

  • Commercial Law for Accountants
  • Advanced Financial Accounting

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 2 years; maximum, 6 years. For students attending part time, the minimum is 3 years; maximum, 6 years.

In a recent year, there were 48 total full-time graduate business faculty, all of whom hold a doctorate; there were 3 part-time faculty, all of whom hold a doctorate. Faculty salaries are rated average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 4; average business class size is 40.

Admissions

A bachelor’s degree is required, along with a GPA of 3.0. 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 a recent class was 285; 161 were accepted; 132 enrolled. The average GPA was 3.49. Transfers are accepted.

Students may begin the MBA program in the fall only. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $55, 3 letters of recommendation, 2 essays, a resume, a residency form, a personal data sheet, and an interview (full-time applicants). Students are notified of the admissions decision within 1 month of file completion. Check with the school for current application deadlines. Once accepted, students may defer admission for up to 1 year.

Financial Aid

In a recent year, about 80% of graduate business school students received financial aid from scholarships, loans, and graduate assistantships, for a total average of $14,950 annually. Stipends and programs available for minority students include Minority Presence Grants and Diversity Graduate Assistance Grants. The FAFSA is required. Check with the school for current application deadlines.

On-campus room and board costs approximately $6500; books and supplies, $1000; personal expenses, $4000, for an estimated annual total of $21,000 for in-state residents and $33,000 for out-of-state residents. Graduate student housing includes residence halls for single students and apartments for married students. Most graduate students live off campus. There is a referral service to help procure off-campus housing.

Students

Twenty-seven percent of a recent graduate business school class were enrolled full time; 92% have had an average of 5 <1/2> years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from North Carolina (80%). Twenty-six percent were women, 11% were minorities, and 11% were foreign nationals. The average age at entrance is 30; ages range from 21 to 51. Five percent enter directly from undergraduate school; 11% already have a graduate degree. Students’ undergraduate majors were as follows: 39%, engineering; 20%, business; 16%, math and science; 11%, computer science; 6%, liberal arts; 6%, social sciences; and 2%, economics. About 7% of entering students leave by the end of the first year due to academic or personal reasons; 92% remain to receive their degree. In a recent year, 66 graduate business degrees were awarded.

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