Lubin School of Business – Pace University
Pace University MBA Program Structure
The Pace University MBA program at Lubin School of Business is very flexible and classes are offered during the day, evenings and weekends. A typical evening course will run from 5:30 or 6 to 8:30 or 9 p.m. Weekend classes usually begin in the mornings and day-time courses meet at an array of times. Applicants are able to customize their schedule to include a mix of any of these options. Students finish the program at their own pace and do not need to enroll each semester so long as they complete their degree within five years.
The Pace University MBA curriculum consists of up to 19 courses for a total of 39-58 credits required for graduation. The MBA in Accounting is the only exception, requiring between 53-72 credits. Students may waive up to four Foundation Core Courses—those that cover basic concepts in topics such as marketing, accounting, and management—by showing proof of previous academic study in relevant areas or by performing well on placement exams.
Besides the seven Foundation Core Courses, the curriculum consists of fifteen credits as part of the Professional Core, 15 credits as part of a concentration, six credits as electives (seven for the MBA in Accounting), and a three-credit capstone course.
Students may complete up to two concentrations in one of these areas: Financial Management, Information Systems, Accounting, Management, Marketing Management, Taxation, International Finance, and International Business.
In addition, the program requires that students complete nine credits outside of their concentration and three of these credits must be in International Business.
Pace’s Career Services sponsors a number of on-campus recruiting events and personal appointments. The office also holds various workshops that prepare students for all stages of the post-MBA job-search.
Tuition & Financial Aid
The Pace University MBA costs $1,195 per credit for 2015-2016. The maximum tuition totals $46,605-$669,310 for most concentrations, with the MBA in Accounting costing $63,335-$86,040 (if no foundation courses can be waived). The MBA at Pace University also charges institutional fees that depend on the number of credits pursued in a given semester. These fees amount to $145 per semester for up to four credits, $210 for five to seven credits, $280 for eight to eleven credits and $400 for twelve or more credits.
Lubin offers merit scholarships each semester to outstanding students applying to the Pace MBA Program. All applicants are considered, and potential recipients are contacted during the application process. Award amounts range from $3,200 to $6,380 for one academic year. Full-time students, as well as international students, that receive this scholarship must take a minimum of 9 credits per semester. Those completing courses on a part-time basis must complete 6 credits per semester.
Pace also offers the Mayor’s Graduate Scholarship Program for students that work full-time for a city New York City government office, agency, or department. Awards differ based on qualifications and applicants must attain an application from the New York City Department of Administrative Services.
In addition, there are a small number of endowed and restricted scholarships available to Graduate students. They have specific criteria and current students are encouraged to investigate these options on Pace’s Application Portal.
Lastly, the school also offers Graduate Assistantships to highly qualified students who wish to conduct research or complete administrative duties. These positions cover either full or half tuition and provide a small stipend depending on whether assistants are working full- or part-time.
Pace encourages applicants to pursue student loans. Graduate students are eligible to borrow up to $20,500 per academic year in Unsubsidized Federal Direct Stafford Loans Graduate students can also borrow money equal to their cost of attendance through Direct PLUS Loans. In addition, the Federal Work-Study program can help MBAs earn money through part-time work. To learn more students should visit FASFA’s website.
Applicants must submit official transcripts for all credits earned in undergraduate and graduate programs; two letters of recommendation; a résumé; a $70 application fee; and a personal statement that covers reasons for pursuing the MBA program and additional information regarding academic performance and work experience. Official GMAT or GRE scores are also required, unless: applicants have a cumulative GPA above 3.50 for all undergraduate work or already hold a business-related master’s or doctoral degree.
The Pace University MBA requires international students to have taken the TOEFL, IELTS or Pearson PTE exam within the past two years.
The recommended fall semester deadline is August 1st and the spring semester deadline is December 1 for students from the United States. For international students, the deadlines are June 1 for the fall semester and October 1 for the spring semester.