College of Business Iowa State University of Science and Technology

College of Business Iowa State University of Science and Technology

Ames, IA
student ratio
total students
Not Reported
average amount to complete degree
July 15
fall application deadline
acceptance rate
105 Departments and Programs
departments and programs


Graduate Education in Business at Iowa State University

The College of Business at Iowa State University offers goal-oriented, talented students graduate programs that lead to both academic and career success. In fact, the college was ranked 64th out of 433 schools on the "US News and World Report" list of the best graduate programs in business.

"US News and World Report" also ranked Iowa State University 3rd for job placement rates for business graduate schools. It reported that 96.7 percent of the university's full-time MBA students accepted job offers within 3 months of graduating.

Students benefit from state-of-the-art technology, innovative curricula, and accomplished faculty members. They gain the knowledge and skills needed to successfully manage the global, technological, ethical, and diversity-based challenges that businesses face in the dynamic, international market place.

Full-time MBA Program at Iowa State University

The full-time Master of Business Administration (MBA) program at Iowa State University is an intensive, 2-year program that includes 30 credits of core courses.

It also includes 18 credits of elective courses that allow students to tailor their educations to their career goals. Five areas of specialization are available: accounting, finance, marketing, supply chain management, and technology and innovation management.

The core value of corporate social responsibility is integrated throughout the interdisciplinary curriculum. Professional development is a critical component of the program and includes activities such as internships, service learning projects, and case competitions that help students gain real-world experience.

Professional MBA Program

The Iowa State professional MBA program, which is ideal for working professionals, is identical to the full-time program in curriculum and quality. The same talented and experienced faculty members teach courses in both programs, so professional MBA students can be assured of the same level of support and expertise. Classes are held in the evenings in Des Moines; the professional MBA program can be completed in 2 and a half years or less.

The program emphasizes practical skills development in key areas such as team work and communication. For example, students lead groups and participate in case studies, class discussions, projects, and presentations.

Master of Accounting Program

The 30-credit Master of Accounting (MAcc) program involves 15 credit hours of accounting courses. It also includes 12 credits in non-accounting courses that can be used to develop solid secondary fields of knowledge or acquire broad knowledge across disciplines.

Additionally, the program has 3 credits of communications courses and an optional 2-credit creative component.

Master of Finance Program

The Master of Finance (MFin) degree at Iowa State is designed to prepare students for careers in corporate finance, financial analysis, investing and wealth management, and risk management.

Although not a "quant" program, the Iowa State MFin emphasizes more quantitative methods and skills than either an undergraduate finance degree or MBA program. This will equip graduates to effectively analyze and solve problems encountered in today's rapidly changing financial environment.

Master of Science in Information Systems Program

Iowa State University also offers a Master of Science in Information Systems (MSIS) program that helps individuals gain the skills and experience needed to "develop and maintain information systems."

It is a flexible program that allows students to create individual curricula that are based on their backgrounds and career goals. The program includes 32 to 43 credits and consists of information systems core courses, business foundation courses, and information systems elective courses. There is a dual degree option with the MSIS and the MBA program at Iowa State.

PhD in Business and Technology Program

Iowa State's PhD in Business and Technology is a full-time, residential program that includes 74 credits. It is designed to help students gain the skills needed to conduct outstanding scholarly research.

The curriculum, which emphasizes theory development and testing, consists of 5 inter-related areas: core courses, specialization courses, research methodology and statistics, a minor area of study, and the dissertation. Furthermore, areas of specialization include customer management, supply chain management, and management of information technology.

Financial Aid for Graduate Students

The Iowa State University College of Business offers generous financial aid packages to qualified candidates. For example, graduate assistantships include monthly stipends, tuition assistance, health insurance, and office space in the Gerdin Business Building.

The college also offers targeted, program-specific, and performance-based MBA scholarships. In addition, students may be eligible for grants and loans.

Financial aid for PhD students consists of tuition waivers and assistantships that include stipends.

Faculty and Research

Graduate students learn from and work with faculty members who conduct cutting-edge research and bring practical experience from the business sector to the classroom. Their research interests span a wide range of topics including accounting, finance, management, information systems, marketing, and supply chain management.

For example, professor of management Paula C. Morrow is known worldwide for her research about employees' commitments to work. She is also a consultant for several private and public organizations and has published numerous journal articles, as well as a scholarly book.

In another example, professor of marketing Sanjeev Agarwal has written or co-written more than 35 publications on several topics including international marketing and business.

Career Development for Graduate Students

The College of Business at Iowa State University helps graduate students achieve their career goals in 3 important ways.

First, it provides nationally-ranked, rigorous programs that prepare students for challenging careers in the private, government, and academic sectors.

Second, it provides graduate career services that help students plan and enhance their careers.

Third, it creates partnerships with hiring managers and recruiters that help its students and alumni obtain competitive internships and full-time positions.

Student services include MBA career assessments and development, resume review, professional skills workshops, and job fairs.

Iowa State University

Established in 1858, Iowa State University is located in Ames, Iowa, in the Midwestern region of the United States. It is one of the top land-grant universities in the country.

The university is widely known for its innovations in science and technology. It consists of 8 colleges that offer 100 bachelor's degree programs, 112 master's degree programs, and 83 PhD programs.

Iowa State has approximately 5,800 faculty and staff members as well as more than 28,000 students who come from all 50 states and over 110 countries. It provides a welcoming and diverse community that has many opportunities for students to reach their full potential including internships, learning communities, study abroad programs, and over 800 student organizations.

Location & Contact

College of Business

Iowa State University of Science and Technology

1360 Gerdin Business Buidling 
Ames, IA 50011
United States

Dr. Charles B. Handy

Graduate Programs Office

Phone: 515-294-8118 

Request More Info

Degrees & Award

  • Degrees Offered
    • Major Degree Levels Offered
    • Accounting Master's
    • Business Administration And Management--General Master's
    • Finance And Banking Master's
  • Degrees Awarded
    • Master's Degrees 94
    • Doctoral Degrees 11
    • First Professional Degrees Not reported
    • Other Advanced Degrees Not reported
    • * Shows the number of degrees awarded for the last academic year that data was reported.
  • Earning Your Degree
    • Part-time study available? Yes
    • Evening/weekend programs available? Yes
    • Distance learning programs available? No
    • Terminal master's degree available? Yes
  • Degree Requirements
    • Master's Degrees Not reported
    • Doctoral Degrees Not reported
    • First Professional Degrees Not reported
    • Other Advanced Degrees Not reported


  • Acceptance Rate
    • Applied 257
    • Accepted Not Reported
    • Acceptance Rate 70%
    • Enrolled 109
  • Applying
    • Application Fee - Domestic $60
    • Application Fee - International $100
    • Electronic applications accepted? Yes
    • Applications processed on a rolling basis? Yes
  • Application Deadlines
    • Type Domestic Not Reported
    • Fall deadline July 15 July 15 July 15
    • Spring deadline December 1 December 1 December 1
    • Summer deadline April 1 April 1 April 1
  • Entrance Requirements
    • Master's DegreesOnline application form, official transcripts, GMAT, letters of recommendation, personal essays, resume. 
    • Doctoral's DegreesNot Reported
    • First-Professional's DegreesNot Reported
    • Other Advanced DegreesNot Reported
    • International DegreesTOEFL (if English is not the native language)

Tuition & Fees

  • Tuition & Fees *
    • Tuition & FeesNot Reported
    • *Average dollar amount (tuition & fees) required to complete the degree
  • Financial Support
    • Financial award applicants must submitNot Reported
    • Application deadlines for financial awardsNot Reported
    • Types of financial support availableNot Reported

Financial Aid

In the academic year 2013-2014, 43 assistantships and partial tuition reimbursements were awarded, averaging $7,200 per year. Scholarships, grants, and graduate assistantships with health care benefits are also available.

Student Body

Student Population:
133 Full-Time (70 Women), 198 Professional MBA (96 Women), 38 MAcc (22 Women), 27 MSIS (4 Women). Includes 119 Caucasian, 12 Minority (4 Hispanic Americans, 2 Asian Americans, 2 Hawaiian, 2 Mixed, 2 Unknown), and 65 International Students.


  • Faculty Breakout
    • Tenured & Tenure Eligible Faculty77
    • Non Tenure Eligible Faculty24



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