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At A Glance

Illinois State University, College of Business Full Time MBA

The M.B.A. Program at Illinois State , a top quality accredited MBA degree program, offers its students an opportunity to build and develop skills to become leaders in today’s organizations. The program fosters enhanced group dynamics, development of important support systems, and valuable team experiences. Students become creative thinkers and problem solvers as they collaborate on class projects, presentations, and reports in a curriculum blending analysis, writing, and team effort.

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Illinois State University, College of Business Full Time MBA's Full Profile

Program at a Glance

Program Type Full Time
In-State Tuition (Total) $16,068
Out-of-State Tuition (Total) $29,424
Average Starting Salary $62,000

Rankings

Rankings

School Rankings

The Princeton Review

N/A Best Business Schools (Midwest)
#10 Best Administered

Admissions

Admissions

Application Information

  • Acceptance Rate: 70% accepted out of 43 applicants
  • Average Age Admitted: 26
  • Average Incoming GPA: 3.43
  • Average Incoming GMAT: 568
  • Average Years Work Experience: 2
  • Application Fee: $40

Admission Considerations

Very Important: Undergraduate GPA, Standardized Test Scores

Important: Recommendations, Personal Essay

Admission Requirements

Required: Undergraduate GPA, Personal Essay, Standardized Test Scores, Recommendations, Extracurricular Activities

Optional: Work Experience

Admission Information

Applicants to the ISU MBA program must submit an online application to the Graduate School. Applications are due by July 1 for the fall semester; by December 1 for the spring semester; and by April 1 for the summer semester. All applications must include two official copies of transcripts for all academic work completed beyond high school. GMAT sco...Applicants to the ISU MBA program must submit an online application to the Graduate School. Applications are due by July 1 for the fall semester; by December 1 for the spring semester; and by April 1 for the summer semester. All applications must include two official copies of transcripts for all academic work completed beyond high school. GMAT scores, a resume, and personal essays must be attached to the online Graduate School application. The two letters of reference should be sent directly to the MBA Program office. GPA for the final 60 credit hours of undergraduate work and GMAT scores are the primary determining factors in the admissions decision. In recent years, successful applicants have posted an average GPA of 3.41 and an average GMAT score of 540. International students whose first language is not English must submit TOEFL or IELTS scores. A minimum score of 600 on the paper-and-pencil TOEFL, 250 on the computerbased TOEFL, 83 in the Internet-based TOEFL, or 6.5 on the IELTS is required. Work experience is considered "beneficial" and is "strongly encouraged," but is not required. Applicants interested in Graduate Assistantship appointments (benefits include tuition waiver and monthly stipend) need to apply for a position prior to Marchst. The application is separate from the Program application and can be found via the "jobs" link on the university's homepage.

The Princeton Review

School Information

School Information

The following section features data representative of the entire business school, and numbers here are not necessarily reflective of the specific program.

Students and Faculty

Total Graduate Students 126
Percent International Students 27%
Total Full-Time Faculty 73
Full-Time Faculty 100%

Student Life

At ISU’s College of Business, full-time students will work side-by-side with “older indi­viduals with families and 20-plus years of full-time professional experience.” As many as half the attendees are part-time students, juggling the burdens of work, home, and fam­ily on top of a challenging body of academics. According to one student, “Coming to school is a quiet break from reality where I get to interact with many diverse and inter­esting people.” One might think this mix would divide classrooms, but “the atmos­phere… promotes interaction amongst all the sections of students,” with both longtime professionals and younger students learning from one another. The small size of ISU’s MBA program means it has “a close-knit student population,” a group of “friendly, help­ful” classmates who make sure “the atmosphere is always positive.” Diversity among the student population extends to the student body’s place of origin. A large portion of the student population “are either international or have a strong interna¬tional background.” The positive atmosphere extends to this portion of the student body, too. “The students are friendly and there is a shared culture of learning for growth opportunity – professionally and personally – not just to acquire the degree.”For those whose primary daily responsibilities revolve around school, there is no short¬age of things to do when class is over. “There is always something going on over the weekend, especially during the summer,” students enthuse, indicating that “overall, quality of life is good and a good stress-buster from the hectic study schedules.” Athletics, a wealth of student organizations, and a campus with easily accessible facili¬ties make filling downtime simple.

Career

Along with eRecruiting and other services provided by ISU’s Career Center, “corporate partnerships” and general networking help move students into the next phase of their life in the business world. “Strong cooperation between companies and the business school through internships and classroom instruction from practitioners in various fields of business,” along with large job fairs, places students in close contact with companies such as State Farm, Financial, Mitsubishi Motors North America, Caterpillar, Growmark, Sprint, Archer Daniels Midland, Country Financial, and Sherwin-Williams Company.

The Princeton Review

Students Say

Price, flexibility, and reputation are the cornerstones of Illinois State University’s College of Business. Led by professors who “provide the students with learning experiences that effectively prepare us for the business world” and an administration which gives stu­dents “a strong foundation for the program by frequently communicating school objec­tives, supplying valuable resources, and assisting students outside the classroom,” this is a school that offers “big school resources and ranking at a budget price.”The MBA program at ISU is geared towards flexibility to meet the needs of both full and part-time students. One student is glad to be provided with “the flexibility to increase or decrease my workload as best fits my situation.” Professors here are “willing to go the extra mile to help out” and accommodate a student’s work schedule. Some students complain that “research is not a large priority,” indicating that “finding sponsorship for optional thesis study is nearly impossible.” Others say the College of Business should invest in new technology in order to keep pace with changes in the business world. “Direct application to corporate (and public sector) business settings should be a focus in the classroom. This will better prepare students for their next job.”Students say ISU has “the right combination of location, cost, reputation, and challeng­ing coursework,” making it so that they feel “there was no other choice for me in terms of graduate schools.” The five academic departments of ISU’s College of Business and the highly-focused centers of study within each – the Institute for Entrepreneurial Studies and the International Business Institute within the department of Management and Quantitative Methods, for instance – allow students to refine job skills relevant to their field. The “challenging coursework” here is offset by professors who “challenge stu­dents to critically think and are genuinely enthusiastic to teach us.”

The Princeton Review

Degrees Awarded

Master of Business Administration - 36 hours plus any required foundation courses; Master of Science in Accounting - 33 hours plus any required foundation courses; MBA,Accounting.

Student Services

  • Campus Wide Network
  • Centers Of Research:
    • Katie School of Insurance & Financial Services
    • George R. and Martha Means Center for Entreprenurial Studies
    • Professional Sales Institute
    • Illinois Small Business Development Center
    • International Business Institute
    • Organizational Leadership Institute
    • Stevenson Center for Community and Economic Development
    • Office of Sustainability
  • Research Facilities:
    • Katie School of Insurance & Financial Services
    • George R. and Martha Means Center for Entreprenurial Studies
    • Professional Sales Institute
    • Illinois Small Business Development Center
    • International Business Institute
    • Organizational Leadership Institute
    • Stevenson Center for Community and Economic Development
    • Office of Sustainability
  • Study Abroad:

    France (Ecole Superieure des Sciences Commerciales, ESSCA, Angers; Ecole Superieure Internationale de Commerce, ESIDEC, Metz), Mexico (Monterrey Institute of Technology, ITESM, Queretaro), England (University of the West of England, Bristol), Japan (Chuo University, Tokyo), and Germany (University of Paderborn, Paderborn)

Famous Alumni

Well known alumni of Illinois State University College of Business include:

Jack Hartung - Vice President and CFO, Chipotle

Jeff Stempora - CEO, Evogi Group

Laverne Council - Corporate VP and CIO, Johnson & Johnson

Phil Maughan - Vice President, The Northern Trust Company

David Magers - CFO, COUNTRY Financial

School Outcomes

Average Debt At Graduation: $4,763

Top Employers Of Graduates From This School Include: State Farm Insurance, Country Financial, Archer Daniels Midland, Caterpillar, Heritage Enterprises

Industry Percent Employed Median Starting Salary
Finance / Accounting 22% $73,487
Operations / Logistics 20% $68,800
Information Technology 15% $62,950
Other 10% $57,258
Human Resources 10% $49,580
Marketing / Sales 10% $60,125
General Management 8% $53,452

School Employment Information

Graduation Employment 58%
Three Month Employment 74%
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