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Nov 29, 2019

News Roundup – Pepperdine Online MBA Soars in Rankings, and More

News Roundup – Pepperdine Online MBA Soars in Rankings, and More

Let’s take a look at some of the biggest stories from this week, including the Pepperdine Online MBA jumping in the rankings.


Pepperdine Graziadio Online MBA Ranked No. 12 by Princeton ReviewBusinessWire

Pepperdine Graziadio School of Business’ Online MBA has climbed two spots to reach 12th overall on Princeton Review’s Top 25 Online MBA Programs” list. Since 2017, the degree has risen six spots, and it was also named the “Best Faith Based University.”

Graziadio was ranked tenth overall for “Most Competitive Students” and ninth on the “Greatest Resource for Minority Students” list. Graziadio Dean Deryck J. van Rensburg says of the honor:

“This recognition is validation of the great work going on at Pepperdine Graziadio … It is an honor that our online MBA program continues to be recognized as one of the country’s leading programs by The Princeton Review.”

The online MBA has four concentrations: finance, leadership and managing organizational change, marketing, and general management. It is designed for working professionals who want to take their career forward with an MBA but still balance other responsibilities. In addition to the online degree, Graziadio also offers a part-time, full-time, and two Executive MBA degrees.

To create the list, Princeton Review interviewed 26,700 students at over 350 different schools. Among the criteria included in the surveys were career outcomes, selectivity, academics, faculty, and technical platforms. For more on Pepperdine’s Online MBA, read here.


Tepper School MBA Now a STEM Designated ProgramTepper News

The Tepper School of Business at Carnegie Mellon University has announced that its MBA program is now STEM designated.

The designation reinforces the commitment of the Tepper MBA to analytics and employing the latest in data driven business practices. Dean Robert Dammon says, “At the Tepper School, we are educating future business leaders to utilize technology, data, and analytics to make better business decisions and solve complex problems that impact our world.”

Over the past two years, Tepper has implemented courses that fuse business and technology, in addition to placing the most innovative analytical tools available into the hands of its students.

Kate Barraclough, head of the Tepper MBA program, adds, “We have always placed strong emphasis on quantitative expertise as a crucial management skill, [which] are in high demand from employers. Across every industry, employers are looking for MBA graduates who are analytical thinkers and data-driven decision makers.”

One of the unique benefits of the new designation applies to international students. Students graduating from STEM-designated programs are able to apply for a 24-month extension to their post-completion optional practical training (OPT), opening up the option to have up to 36 months of temporary employment in the U.S. 

You can read here for more on new designation.


‘You Are Genuine. You Are Passionate.’D’Amore McKim School of Business News

Social impact entrepreneur and Northeastern Univeristy D’Amore McKim School of Business alum Alan McKim has received the school’s 2019 Distinguished Entrepreneur Award.

Alan S. McKim accepting the Distinguished Entrepreneur Award from President Aoun.

McKim’s startup, Clean Harbors, began in 1980 as a four person company specializing in cleaning oil tanks. It has grown to be one of the world’s leading organizations in helping communities to recover after natural and man-made disasters. Clean Harbors provided decontamination services to rescue workers after the September 11th attacks in New York City.

The company averages 6,000 cleanups per year in the U.S., Canada, and Mexico. “Our workforce are really heroes,” McKim says, “When you think about 3,500 employees cleaning up the [2010] oil spill in the Gulf [of Mexico], working 12 to 18 hours a day, they really develop that camaraderie of being part of the family. What we see is that people love being in this industry, they love the great work that they do cleaning up the environment.”

McKim was pusuing a criminal justice degree at Northeastern when he decided to leave school in order to provide for his family. This led him to working with Bob Dee, who owned a small environmental cleanup company. He ultimately found his passion in the field and began Clean Harbors in 1986. He was encouraged by a family friend and mentor to go back to school, at which time he pursued his Executive MBA at Northeastern.

He says of his mentorship by Northeastern Professor Dan McCarthy, “I wouldn’t be here if it wasn’t for Northeastern and Dan McCarthy, I can guarantee that.”

You can read here for more info on McKim and Clean Harbor.


A Seat at a Nonprofit Table Leads to Experiential Learning for Fox Board FellowsFox School News

A nine year partnership between Temple University’s Fox School of Business and more than 95 nonprofit organizations has been of great benefit to all involved since its inception.

The Fox Board Fellows are graduate business students who sit on nonprofit boards as non-voting, visiting members. After submitting an application and an going through an interview process, the students are placed with organizations with whom their goals align. The other component of the program is a higher level project serving the NPO, in addition to a report that is submitted in their Non-Profit Governance course.

The professor who teaches the course, T.L. Hill, says, “It’s the best way for our students to learn as well as provide good service to the nonprofits… This is a really rich relationship from our perspective.” In addition to his professorship, Hill is also Managing Director of Fox Management Consulting.

The latest cohort comprises 18 graduate students who are serving with 18 different NPOs throughout the area. Fox grad student Colin O’Shea is currently serving for the school year as a board member for Philadelphia Youth Basketball (PYB). PYB is a youth development organization that provides mentorship and leadership opportunities for children.

O’Shea says:

“You don’t get the same effect when you are exclusively in a classroom … So being able to actually sit on the board of an organization is such a deep dive and a great opportunity and learning experience.”

For more on the Fox Board Fellows, click here.


MBAs Jump at Chance to Compete in Inaugural Natural and Organic Case CompetitionLeeds School of Business News

The first-ever Natural and Organic Case Competition drew 38 Leeds School of Business and other non-business graduate students to meet various social impact challenge, cementing Leeds and the University as leaders in the evolving industry.

Leeds’ location in Boulder, CO make it an ideal place for MBAs hoping to gain immersion in fields that implement sustainable design and supply chain management practices, among other environmentally responsible principles.

Image result for leeds school of business
The University of Colorado’s Leeds School of Business in Boulder, CO.

Julie Waggoner, Associate Director of the Center for Ethics and Social Responsibility (CESR) at Leeds, says, “We were blown away by the strong student interest the competition attracted. We nearly doubled our goal for student participation, and teams included full-time and evening Leeds MBAs, as well as students from the Master of Environment program.”

Industry partners in the competition were Charlotte’s Web and Naturally Boulder, and leaders from these companies served as judges. The final round of the competition, which awarded the winning team $7,500, involved the palm oil industry in Southeast Asia. The students were tasked with creating solutions in terms of transparency, sustainability, and corporate ethics.


Nov 27, 2019

The Top Georgia Companies Hiring MBAs Outside of Atlanta

The Top Georgia Companies Hiring MBAs Outside of Atlanta

When you think about living and working in Georgia, most people first and only think about Atlanta, and it’s not surprising. Atlanta is the capital of Georgia and the ninth most populous metropolitan area in the U.S. With an estimated population of 5.9 million, it is actually home to 60 percent of the entire state!

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Nov 26, 2019

New Accounting Jobs for MBAs

New Accounting Jobs for MBAs

This week’s new accounting openings are aimed at an oft-neglected contingent in this dispatch: the accounting set. The four positions listed below are for those who have previous experience in accounting and or may not already be in possession of some sort of accounting-based certification such as a CPA.

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Nov 22, 2019

Cornell Johnson Alumni Celebrated at 20th Annual Diversity Symposium

Cornell Johnson Alumni Celebrated at 20th Annual Diversity Symposium

More than 160 prospective students, alumni, faculty and staff attended the Cornell SC Johnson College of Business annual Diversity Symposium earlier this month. Hosted by the Office for Diversity and Inclusion (ODI) and held in conjunction with Johnson Means Business, the theme of the weekend’s events was “Belonging in Business,” which highlighted the personal and professional sense of belonging that everyone deserves. The event also delved into how to create an environment of belonging for a more welcoming and inclusive business world.

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Nov 21, 2019

Top MBA Recruiters: New Balance

Top MBA Recruiters: New Balance

Founded in 1906, New Balance is one of the world’s most well-known sports footwear and apparel manufacturers. It’s an American multinational corporation based in Boston, Massachusetts that has a manufacturing presence in the U.S. as well as the United Kingdom. The company is known for its more expensive products that come in a great variety of sizes and with unique technical features. In 2018, the company made approximately $4.5 billion in revenue across 5,497 employees worldwide.

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Nov 20, 2019

The Top 5 Paris Companies Hiring MBA Grads

The Top 5 Paris Companies Hiring MBA Grads

The City of Light is known for exquisite art, architecture, culture, fashion, and luxury. Paris is also an international crossroads for business and industry. Home to ten French Companies listed in the Fortune Global 500, Paris has the highest concentration of headquarters of the 500 top companies in Europe. Some of the world’s largest banks and companies call Paris home, many of whom seek top MBA talent.

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Nov 19, 2019

Which Business School Should I Attend? NC State or South Carolina

Which Business School Should I Attend? NC State or South Carolina

North Carolina’s Research Triangle Park area is a great place to live and work. It’s one of the nation’s top areas for science and engineering jobs, and it’s home to many great universities. It sprawls across three cities—Raleigh, Durham, and Chapel Hill—and is a booming area to live, work, and go to school. Columbia, South Carolina could also be included in the Research Triangle because it’s also home to a top university, and that’s what we’re taking a look at today.

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Nov 19, 2019

New MBA Jobs in South Korea

New MBA Jobs in South Korea

As Asian economies have grown in terms of scale and influence, so have the opportunities for MBA graduates in many cities in the region. For professionals who want to take on a new challenge in their careers, the neon-lit streets of Seoul, South Korea offer many possibilities. This week’s dispatch is focused on the various positions available in the city.

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Nov 18, 2019

Master of Accountancy

University of Georgia Master of Accountancy Program Structure

There are three unique track options for those enrolled in the University of Georgia Master of Accountancy (MAcc) program at the Terry College of Business: a traditional 1-year; 5-year BBA/MAcc; or the JD/MAcc track. All classes in the program are taken on weekdays at the North Campus of the school’s Athens location, in the Terry Business Learning Community.

Curriculum

Depending on the length of time a student is in the MAcc program, they must complete 12-18 credit hours of core courses, three-to-six accounting electives, and six-to-12 credit hours of general electives. There are three specializations MAcc students can select from: auditing, taxation, and advisory.

Class Profile

The most recent University of Georgia Master of Accountancy class featured 72 percent Georgia-resident students, with 14 percent non-Georgia U.S. students, and 14 percent international students. The GMAT average is 600, the accounting undergraduate GPA is 3.32, and the overall undergraduate GPA is 3.61.

Career Statistics

University of Georgia’s Master of Accountancy program graduates see a 99 percent employment rate with a median annual salary of $53,500.

Tuition, Scholarships, and Financial Aid

University of Georgia Master of Accountancy tuition varies for in-state residents and the amount of credit hours completed. Georgia residents completing 1-11 credit hours pay $529 per hour. Twelve-or-more credit hours for in-state students costs $6,339. Out-of-state residents completing 1-11 credit hours pay $1,168 per hour, while 12-or-more credit hours costs $14,008.

Graduate assistantships require students to work at least 13 hours per week, offering select applicants a stipend of $7,300, reducing tuition to $25 per semester. However, the academic standards for assistantships are higher than average MAcc students. Previous recipients’ averages were a 3.85 overall GPA, 690 GMAT, and 3.95 accounting GPA. Out-of-state tuition waivers may also be available for select applicants.

Applicants may be eligible for federal or private loans, depending upon residency.

Admissions

Admission to the University of Georgia Master of Accountancy program must apply through the Terry College of Business, submitting the following:

• Transcripts
• GMAT scores (waiver available for select students)
• Three letters of recommendation (two from accounting faculty, one other)
• Resume
• Statement of purpose
• TOEFL or IELTS scores (if necessary for non-native English speaking applicants or those who have not attended an English-speaking undergraduate institution)
• Certificate of Finances form (if necessary)
• $75 application fee

Application deadlines are as follows:

Tuition Assistance Deadlines

Summer: Jan. 15
Fall: Jan. 15
Spring: Sep. 15

General Admission Deadlines

Summer: Feb. 15
Fall: Feb. 15
Spring: Oct. 15


Nov 18, 2019

HEC Paris Jumps to 1st in 2019 Financial Times Executive MBA Ranking

HEC Paris Jumps to 1st in 2019 Financial Times Executive MBA Ranking

Leaping up from the sixth overall spot in the 2019 Financial Times Executive MBA ranking, Jouy-en-Josas, France’s HEC Paris claimed the top spot in the publication’s newest release.

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Nov 18, 2019

Top MBA Recruiters: Target

Top MBA Recruiters: Target

Since its beginnings in Roseville, MN in 1962, Target has grown to be the quintessential American retail company, and also its second largest after Amazon. Its accessibility, affordability, and prevalence in every small town and big city make it a leading employer for both retail workers and those at the corporate levels. Here, we’ll take a look at its recruiting efforts for b-school students, and we’ll also offer a glimpse at some current open positions and salaries.

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Nov 15, 2019

News Roundup – Agility in Marketing at Tuck, Rady Professor Conducts Uber Study, and More

News Roundup – Agility in Marketing at Tuck, Rady Professor Conducts Uber Study, and More

Let’s take a look at some of the biggest stories from this week, including the Tuck Marketing Symposium, impeachment hearings, more.


Agility is the Theme at the Tuck Marketing SymposiumTuck School of Business News

Students from Dartmouth University’s Tuck School of Business recently led a marketing symposium, organized in partnership with the Forbes CMO network. The theme was one which applies to the students’ experience starting out in the business world to the companies at which they’ll work – agility. Alumni executives from Wayfair, Colgate-Palmolive, and Beyond Broth all shared their thoughts on how the field of marketing has shifted, and what newly minted MBAs might be able to bring to the table.

Sarah Bird T’87, CEO of Beyond Broth, at this year’s Tuck Marketing Symposium.

In her opening remarks to the symposium, Deputy Dean Punam Anand Keller says, “The beauty of marketing is you can use it in any career … I use it all the time as deputy dean. It’s an amazing skill that’s extremely portable.”

The concept of agility was framed within discussions of the rapidly changing post-digital revolution world. Topics included the impact of omnichannel retailing and social media. The question of “Are Big Brands Dead?” initiated a talk by Dana Medema, the General Manager for Home Care North America at Colgate-Palmolive. The discussion involved the rising competition and integration of startups into the dominant landscape of long established brands.

Chris Fuqua (Tuck ’06) is the CEO of the healthy restaurant chain B.Good gave a talk called “Managing in a Changing Environment” in which he addressed how his product could be made accessible and appealing in a highly competitive market.

“Managing in a changing environment is a way to differentiate yourself as a leader. It’s not just about what you learn in textbooks, but how you respond to challenges,” says Fuqua. You can read more about the Tuck Marketing Symposium here.


Through Fellows Program, Graduate Students Have Voice in Innovation Campus PlansVirginia Tech News

Ten Virginia Tech graduate students, including one from Pamplin’s Business Information Technology Master’s program, have been officially named as Innovation Fellows. They were chosen from more than two dozen applicants to help to define and shape the school’s new Innovation Campus in Alexandria.

The fellows will offer input and advice as the campus develops, as well as share perspectives and participate in events classes begin there next year.

“The fellows will help us understand what is important to graduate students,” says Brandy Salmon, Innovation Campus’ Managing Director.

“We are so excited to have them onboard, helping us stay connected to those who matter most—our students. With their fresh ideas and feedback, we will create a better educational experience for future students [at the Campus],” Salmon continues.

Among the input already offered to the Campus planning team was to offer discounts to students for the many services that will be offered, such as dining and retail, in the surrounding areas. Ronald “Angel” Cox, Business Information Tech fellow, says, “When I read about the campus, it was everything I wanted … The idea of a campus acting as an incubator for fostering ideas and partnering with private companies is a culmination of everything I have pursued in my own career.”

Read here for more on the Innovation Fellows and the new campus.


Uber Study by Rady Professor Gets the Internet Buzzing About TipsRady School News

Uri Gneezy, UC San Diego Rady School of Management Professor in Management Leadership, opened up a widespread conversation when he published a working paper on the nature of tipping in today’s on-demand economy.

The team specifically studied tipping data from Uber. Along with his co-authors, Gneezy studied 40 million trips during four weeks in August and September 2017. Some of the factors that they examined were characteristics of the drivers and riders, location, ride quality, and timing of the rides.

The study discovered that a majority of riders, around 60 percent, never tip, and only about 1 percent consistently do. Whether or not there is a tip is dependent more upon the rider than the driver, but safety and promptness were also obvious reasons for tipping. Other factors the team found included destination, star rating, the time of day, and gender.

UC San Diego Rady School of Management Professor in Management Leadership Uri Gneezy found that the majority of Uber customers do not tip their drivers at a rate of around 60 percent, according to a recent study.

Andrew Van Dam of The Washington Post remarks, “We all have theories or stereotypes about who tips best and which workers earn the most, but honest-to-goodness tipping facts are rare.”

Major news outlets such along with The Washington Post, such as The Economist, Wired, and The Daily Mail shared the paper, as did millions of Twitter users. For the original paper, entitled The Drivers of Social Preference: Evidence from a Nationwide Tipping Experience, read here.


Harper Family Foundation Gives $10 million to Chicago Booth to Increase Scholarship Funding for VeteransChicago Booth In the News

The Harper Family Foundation, founded by Chicago Booth alumnus Charles “Mike” Harper (’50), has donated a generous gift of $10 million in scholarship assistance for current and former members of the Armed Forces in Booth’s full-time, Evening, Weekend and Executive MBA programs.

Harper’s son, Dr. Michel Harper, says, “This gift fits nicely with my father’s personality and his allegiance to both the country and the military … The whole purpose of our foundation is to make transformative investments that encourage and reward leadership, supporting an individual’s path to success so they may amplify their potential.”

Chicago Booth is a proud participant in the Yellow Ribbon Program, which allows universities to enter into an agreement with the U.S. Department of Veterans Affairs in order to fund tuition and fee expenses. Since 2006, Booth has seen an enormous increase—300 percent—in the number of veterans in the MBA program. This is due in major part to the school’s efforts to recruit veterans.

Madhav Rajan, Chicago Booth dean and Professor of Accounting, says of the gift:

“Military veterans are a great asset to the Chicago Booth community. The experience, commitment to service and maturity that they bring are incredibly valuable to us … We are grateful to the Harper Family Foundation, whose generous gift will allow more veterans to benefit from a Booth education.”

You can read here for more on the Chicago Booth donation.


Republican Impeachment Counsel is a Lehigh MBA GraduateThe Allentown Morning Call

Attorney Steve Castor, a Philadelphia-area native and Lehigh College of Business and Economics MBA grad, will take a large responsibility for examining witnesses during the public presidential impeachment hearings that began this week.

Castor first made national news during the closed door sessions of the hearings. Castor revealed the name of a whistleblower during his questioning of Lt. Col. Alexander Vindman, a national security adviser to President Trump. This was the first time the name was publicly shared.

Lehigh MBA alum Steve Castor holds a major role in the ongoing presidential impeachment hearings in the U.S.

Jason Chaffetz, a Fox News pundit and former Republican congressman, says to the Daily Beast, “Castor has the institutional knowledge, experience and prowess to be the guy in the hot seat … Most of the public hasn’t seen him but for a photo of him in the background whispering to the chairman or a ranking member. But behind the scenes, he’s been doing these types of inquiries for years.”

Castor, who also earned his J.D. at George Washington University, has participated in several other high profile hearings. These included an investigation of the Justice Department’s selling of illegal firearms to track gun traffickers, along with the Internal Revenue Service’s involvement with conservative groups. For more on Castor and his background, read here.


Nov 14, 2019

How Military Experience Offers a Definitive MBA Advantage at Northwestern Kellogg

How Military Experience Offers a Definitive MBA Advantage at Northwestern Kellogg

Leading up to this past Veteran’s Day, two exceptional Northwestern University Kellogg School of Management students gave a first-person perspective of how their unique military experience are sharping their path in business education.

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Nov 13, 2019

Top MBA Recruiters: Expedia

Top MBA Recruiters: Expedia

Founded in 1996 and public by 1999, Expedia Group, Inc. is an international travel technology company focused on travel fare aggregators and travel metasearch engines. Travel search sites CarRentals.com, Expedia.com, HomeAway, Hotels.com, Hotewire.com, Orbitz, Travelocity, Trivago, Venere.com and vrbo are all part of the Expedia Group.

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Nov 13, 2019

Ireland’s Top 5 Companies for MBA Graduates

Ireland’s Top 5 Companies for MBA Graduates

Ireland is one of the most beautiful countries in the world, without a doubt. Nicknamed the Emerald Isle, it’s widely considered a friendly and welcoming place to live and work. The country is also home to one of the youngest populations in Europe, making it a great location for graduates.

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Nov 12, 2019

New Balance, KPMG Jobs Announced in Boston

New Balance, KPMG Jobs Announced in Boston

Boston’s storied position in American cultural history continues to unfurl and evolve. Beantown was where the nation’s independence was fomented and fought for. It was and remains an intellectual hub, home to several of our country’s elite institutions. Boston is also an active business hub, offering a variety of career possibilities for MBA graduates. This week’s article features jobs that have emerged in Boston and its environs within the past week.

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Nov 11, 2019

Professional Online MBA

Professional Online MBA Program Structure

The UT Dallas Professional MBA Online program at the Naveen Jindal School of Management is a flexible, 100 percent online program that is completed between 16 and 72 months. Students may begin the program in either the spring, summer, or fall semesters, and can choose to take an on-campus course for any of the required online classes.

Curriculum

All formats of the UT Dallas Professional MBA program follow a 53-credit curriculum. All students must complete the 32 credits of core classes and 21 credits of elective courses.

MBA students have the ability to complete a concentration in an area such as accounting, business analytics, energy management, finance, healthcare management, IT management, innovation and entrepreneurship, internal audit, international management, leadership in organizations, marketing, real estate, strategic management, supply chain management or systems engineering and management. Concentrations provide students with a more in-depth knowledge of an area of business management. Students can choose their concentration based on their interests and future career goals. However, online students should note that not all concentrations and electives are available in an online format.

Class Profile

The average age of the Professional MBA Online class of 2019 is 28, with an average work experience of nearly eight years. Twenty-six percent of the class is female, and 10 percent originated from outside of the U.S. The average GMAT of the graduating class was 609.

Careers

The Professional MBA is designed for working business professionals. The PMBA degree will help to prepare students to advance their careers in business and management. While full-time MBA students may receive more individualized attention from the Career Management Center, PMBA students still have access to a variety of resources to help them achieve their career goals. Resources include networking events, mock interviews, industry forums and career coaching.

Tuition, Scholarships, and Financial Aid

Tuition costs for the UT Dallas Professional MBA program at Naveen Jindal depend on the amount of courses taken per semester and which track students are enrolled in. UT Dallas has designed their tuition costs to be lower per credit with the more classes that a student takes per semester. Tuition and fees for resident UT Dallas Professional Online MBA students in the online program is estimated at $55,586. Non-resident tuition is $93,013.

PMBA students do have access to scholarships, though not as many as full-time students do. The school also accepts third party scholarships, grants, federal financial aid and veterans’ awards as well as private and government student loans. Prospective students can email financial-aid@utdallas.edu for more information on scholarships and financial aid.

Admissions

In order to be considered for admission to the Naveen Jindal School of Management, applicants must submit a completed online application and all supporting documents. Supporting documents include official transcripts, GMAT/GRE scores, one professional letter of recommendation from a current or past employer, community leader or former professor, one completed essay question (instructions found on the online application) and a copy of their professional resume.

All international students are required to provide an English proficiency test. Applicants who already have a Ph.D. or US-based MD or JD may request a GMAT/GRE waiver. Only fully-employed applicants will be considered for enrollment.

Domestic applicants must pay a $50 application fee and International applicants must pay a $100 application fee.

The application deadlines are as follows:

Deadlines – PMBA
Term Deadline Late Application*
Fall May 1 Day prior to Classes begin
Spring October 1 Day prior to Classes begin
Summer March 1 Day prior to Classes begin


Nov 11, 2019

Masters Advantage: Finance or Management?

Masters Advantage: Finance or Management?

Whether you’re looking to pursue a career as an entrepreneur, an HR Manager, a financial advisor/manager, or any number of other roles in finance for the private or nonprofit sector, a Masters in either Finance or Management are both wise choices.

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