College of Business

Frostburg State University, College of Business History

Frostburg State University, founded in 1898, is a public, coeducational institution. The 100-acre campus is located in a small town 150 miles west of Baltimore. Total undergraduate and graduate enrollment is 4910.

The College of Business was founded in 1970 and is located on the main campus. Courses also are offered at a center in Hagerstown. The basic educational approach is the case method approach and a mixture of experiential, group, and field work.

Frostburg State University, College of Business Academics

The College of Business offers the Master of Business Administration (MBA) as well as a joint degree in nursing administration (MBA/MS). Other programs include an interdisciplinary program in education administration and cross-registration with the Graduate Department of Education. The strongest areas of study are communications and interpersonal relations.

Thirty-six to 54 total credits are required to complete the MBA. Required courses include:

• The Leadership Process
• Management Decision Analysis
• Financial Accounting
• Managerial Accounting
• Financial Management
• Marketing Management
• Strategic Integration
• Economics for Managers
• Information Management in Organizations
• Organizational Behavior
• Strategic Human Resources Management
• Strategic Change Management

Students may eliminate or substitute requirements by transferring up to 3 courses or receiving credit by examination for up to 4 courses.

The minimum time permitted to complete the master’s degree program attending full time is 16 months; maximum, 6 years. For students attending part time, the minimum is 32 months; maximum, 6 years.

There are 13 total full-time graduate business faculty, of whom 85% hold a doctorate; there are 2 part-time faculty. Faculty salaries are rated average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 6; average business class size is 16.

Frostburg State University, College of Business Unique Programs

Library

The university’s main library houses a collection of more than 362,799 volumes, 311,000 microform items, and 29,000 audio/video tapes/CDs, and subscribes to 939 periodicals. Students have access to databases and networks in the fields of business and allied subject areas.

Computers

Graduate business students need not have their own PCs. There are IBM PC laboratories in all business school locations with 18 workstations in each. WordPerfect and Lotus software is available.

Career and Job Placement

Placement services are limited, since most students are already employed full time, and are available through the university placement office.

International Students

International students must take the TOEFL. International students must score 550 on the Paper-Based TOEFL (PBT) or 79 on the Internet-Based (iBT) version. They also must submit a translation of their transcripts and proof of adequate funds. Financial aid is available for these students. Check with the school for current application deadlines.

Calendar

The school operates on a trimester basis. Trimesters are 15 weeks long; summer sessions, 12 weeks. Graduate programs are offered during the evening only.

Frostburg State University, College of Business Admissions

A bachelor’s degree is required, along with a GPA of 2.5. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 950. Most important admissions factors are undergraduate GPA of 2.5 and above and GMAT results. A strong mathematics background is not required.

The number of applicants for a recent class was 70; 56 were accepted; 37 enrolled. The average GPA was 3.0. Transfers are accepted. Minority students are actively recruited.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, and a nonrefundable application fee of $30. The application deadline is open for fall entry. Students are notified of the admissions decision within 2 weeks of receipt of the completed application. The latest acceptable test date for fall entry is open.

Frostburg State University, College of Business Financial Aid

The school’s own financial statement is required. Check with the school for current application deadlines.

Tuition for in-state residents is $294 per credit. Nonresidents pay $337 per credit. On-campus room and board costs approximately $6536 Graduate student housing is limited on campus; off-campus housing is plentiful.

Frostburg State University, College of Business Students

Twenty-five percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from Maryland (73%). Forty-seven percent are women, 10% are minorities, and 2% are foreign nationals. The average age at entrance is 30; ages range from 21 to 69. Fifteen percent enter directly from undergraduate school; 5% already have a graduate degree. About 32% of entering students leave by the end of the first year due to academic or personal reasons; 67% remain to receive their degree. In 2006, 62 graduate business degrees were awarded.