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Michigan State University – Eli Broad College of Business

Michigan State Full-Time MBA Program Structure

The Michigan State full-time MBA program at the Eli Broad College of Business is a 61-credit degree that takes 21 months to complete. Three distinct components comprise the program: the core curriculum (31 credits); electives (18 credits); and the MBA concentration (12 credits). Concentration options include finance, human resource management, marketing, and supply chain management.

In total, the program features four separate semesters and a summer break, which includes the optional MBA Education Abroad Experience and the Summer Corporate Internship Experience. Those that do not take the MBA Education Abroad Experience must complete an international business course on the MSU campus. The program begins in the fall.

Curriculum

Within the flexible curriculum structure of the MBA program, students select a concentration and craft their own plan of study with elective courses to support areas of interest the complement their concentration area. The program takes place over 21 months and is made up of three components that ensure all MBA students develop both a strong foundation and subject matter expertise:

MBA Core Curriculum: 31 credits that provide foundational learning

MBA Concentration: 12 credits that build subject matter expertise in one of four fields: Human Resources Management, Supply Chain Management, Marketing or Finance

MBA Electives: 18 credits that deepen knowledge in areas of interest to drive relevant expertise to a desired career path

As a full-time MBA student at Broad, you’ll learn by doing. Creativity and innovation are at the heart of our curricular design. Experiential learning opportunities help students maximize their knowledge, develop skills and clarify values by continuously applying what they learn in the classroom to real-world contexts.

Class Profile

A total of 83 students are enrolled in the most recent class of the Michigan State full-time MBA program at the Eli Broad College of Business. About 66 percent of enrolled students are male, with 34 percent female students. This group is 27-years old, on average, and have about 3.1 years of previous professional work experience per student. About 25 percent of the class features underrepresented minority students and 29 percent of the class are from outside the U.S.

The typical average GMAT score is 668 and the median GMAT is 690, with an undergraduate GPA of 3.3.

Tuition, Scholarships, and Financial Aid

Annual tuition and fees for in-state students in the Michigan State full-time MBA program at the Eli Broad College of Business is currently $31,867. For out-of-state students, the total is $50,483. International students are expected to pay $50,633 for tuition and fees. Those estimated for the cost of room, board, books, food, and more, should budget for at least $21,400 per year.

All applicants are automatically enrolled for the college’s fellowships and assistanceships, which are awarded to around 70 percent of the class in a given year. Graduate assistantships are worth around $20,000 per year for in-state students and around $38,000 for out-of-state and international students, covering expenses like tuition, healthcare, or a monthly stipend. Additional private scholarships are also available, as is financial assistance offered to U.S. Armed Service members and veterans through the G.I. Bill and Yellow Ribbon Program.

Domestic students are eligible for federal student aid and the Federal Direct Loan Program, including direct loans and direct grad PLUS loans. Interest rates vary, however PLUS loan averages are typically higher then direct loans. Private loans are also available for all domestic and international students. However, international students are more likely to only be eligible for these offers.

Admissions

The Michigan State full-time MBA program requires all applicants have a four-year undergraduate degree, or an international U.S. Bachelor’s equivalent. Students with a three-year undergraduate degree plus a Master’s degree are also eligible. However, those with only a three-year undergraduate degree are not. There is no definitive work experience requirement. However, MSU advises only highly-qualified candidates without any work experience may be admitted. In addition, there is no GMAT/GRE score requirement, but the test scores are required as part of the admissions process. Strong candidates may be eligible for a waiver.

In addition, applicants must provide the following:

• A completed application
• Official transcripts
• A current resume
• Two essays (one written, one video)
• Two professional recommendations
• English language test scores (if needed)
• $85 application fee

The GMAT/GRE is required in order to receive a scholarship. However, a waiver is available to those meeting the following requirements:

• At least four years of progressive, post-bachelor’s work experience
• An additional interview by a Career Management Professional
• Strong recommendation from a supervisor
• Successful completion of non-credit online pre-requisite courses post-admission (during summer)

Application deadlines are as follows.

Early Round – Oct. 5, 2019
Round One – Nov. 10, 2019
Round Two – Jan. 5, 2020
Round Three – March 1, 2020
Round Four – April 5, 2020

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