Program in Business Administration Iowa State University of Science and Technology

Program in Business Administration Iowa State University of Science and Technology

Ames, IA
location
Public
type
Suburban
setting
44%
56%
student ratio
81
total students
Tuition Cost $21,632
$21,632
average amount to complete degree
July 1
fall application deadline
61%
acceptance rate
4 Degrees Offered
degrees offered

Overview

Master of Business Administration Program at Iowa State University

Whether students want to complement their science or technical backgrounds, transition into new careers, or advance their business careers, a Master of Business Administration (MBA) degree from Iowa State University will help them accomplish their goals. Its two-year full-time MBA and Professional MBA programs are delivered in a supportive and rewarding environment that includes:

- A team-based, cohort approach to learning

- Comprehensive and customized academic and career services

- Nationally-recognized faculty members who conduct leading-edge research

- A dynamic classroom setting with classmates who have diverse cultural backgrounds, academic credentials, and work experiences

- The opportunity to strengthen soft skills both inside and outside of the classroom

- The option to embark on an international study experience

All MBA students are assigned to teams at the start of the program. With the help of faculty advisers, teams work together throughout the core curriculum. Upon completion of core courses, they will have strengthened their teamwork skills and can immediately apply them to the workplace.

Full-time MBA

The Full-time MBA is a two-year, intensive program that consists of 10 core courses (30 credits) and six electives (18 credits). It provides a comprehensive management education and gives students the opportunity to create customized programs of study. The core curriculum, which is delivered sequentially, builds a solid foundation for advanced study in business.

Professional MBA

The Professional MBA is a part-time program that consists of the same team-based, cohort curriculum and is taught by the same faculty as the full-time MBA. Classes are held two nights per week at the Iowa State University's facilities in downtown Des Moines, Iowa. Students can choose the fast track option that allows them to earn their MBA degree in two years.

MBA Specializations

Elective courses provide the option to complete a specialization or general management coursework. MBA specializations are offered in the following areas:

- The MBA accounting specialization equips students with the accounting expertise to work effectively in a technology-driven, global economy.

- The MBA finance specialization provides students with knowledge about the theoretical and practical aspects of investment strategies and corporate financial management.

- The MBA marketing specialization helps students acquire the analytical skills and knowledge about consumer behavior and markets to make smart marketing decisions.

- The MBA supply chain management specialization focuses on the integration of global information and processes across all business functions including information technology, logistics, operations, and supply management.

- The MBA technology and innovation management specialization examines issues pertaining to developing and managing information technologies and managing the commercialization of new technologies.

MBA Core Faculty Team

Faculty members in the College of Business are dedicated, approachable, and responsive scholars who have expertise in many areas of business.

They conduct research on numerous topics such as international entrepreneurship, new venture growth, organizational behavior, and strategic leadership. They also have industry experience in operational areas like accounting, finance, management, and marketing.  

Dr. Brown is a Kingland MBA Professor and conducts research in several areas of finance including financing R&D and innovation, law and finance, and entrepreneurial finance. His research has been published in the "Journal of Financial Intermediation," "Journal of Banking and Finance," "Journal of Entrepreneurial Finance," and other journals. He has received awards for excellence in teaching and research including the 2016 MBA Executive Advisory Council Teaching Excellence Award.

Dr. Brad Shrader brings expertise in the fields of strategic management, corporate governance, business ethics, competitive strategy, and management consulting. Dr. Shrader has published articles in professional journals as well as case studies and book chapters in his fields of expertise. He received the Morrill Professorship award for his professional work and has demonstrated outstanding success in teaching and learning in undergraduate and graduate programs which is reflected by national and international reputation in his discipline. .

Dr. Sam DeMarie researches and publishes articles exploring the impact of new technologies on competitive strategies, corporate change initiatives, and virtual teamwork. He teaches the capstone strategy course in the MBA core curriculum, which includes a team-based case competition that all full-time MBA students participate in. Dr. DeMarie has received numerous awards, including the ISU College of Business Dean’s Advisory Council Business Impact Award and Graduate Teaching Award.

Case competition success

Students in the full-time MBA program participate in a team-based case competition after they complete the core curriculum. The event allows them to apply what they've learned to a real-word scenario. The top performing teams receive scholarships.

Teams of full-time MBA students also participate in case competitions that are held throughout the United States. Iowa State MBAs have consistently placed within the top teams and won awards for their performance.

Great employment outlook for Iowa State MBA graduates

Most MBA graduates at Iowa State University obtain rewarding positions within three months of graduation. Employment statistics for full-time MBA graduates from June 2015 through June 2016 showed that 91% of graduates had accepted offers within three months after graduating.

The percentages of graduates who accepted new employment by business function are 19.2% in consulting, 15.4% in finance/accounting, 19.2% in general management, 11.5% in operations/logistics, and 34.6% in other functional areas. The median base salaries for graduates who accepted new employment per industry were $73,000 for consulting, $64,220 for financial services, $60,000 for manufacturing, and $72,430 for technology.

Employment data also shows that Iowa State MBA graduates secured jobs at Fortune 500 companies like Cargill, Deloitte, Ernst & Young LLP, IBM Corporation, Lockheed Martin, Microsoft, and PricewaterhouseCoopers.

Financial aid

The costs to pursue an MBA degree at Iowa State University include tuition, fees, housing and living expenses, and health insurance. Graduate students may receive the following financial resources to help pay for their education:

- Graduate assistantships

- Grants

- Federal loans

- MBA scholarships

- Student employment

Iowa State University

Iowa State University, a public, land-grant university, is known worldwide for providing excellence in discovery and innovation and science and technology. It has 36,660 students who can choose from more than 300 bachelor's, master's, doctoral, and professional programs. They also have access to 800-plus student organizations, research and internship opportunities, and study abroad programs.

The university is located in Ames, Iowa, in the Midwestern region of the United States, just 30 minutes north of Des Moines. Its 1,900-acre campus, which has 600-plus public works of art, was deemed one of the country's most beautiful campuses in the book, "The Campus as a Work of Art." In addition to its public art collection, the campus has many attractions including the Reiman Gardens, University Museums, and Veenker Memorial Golf Course.

Ames offers a wide-variety of opportunities including arts and culture, bike trails, festivals, golf courses, parks, restaurants, and shopping. It is also home to thriving companies like Barilla, Kingland Systems, Renewable Energy Group, Workiva, and 3M.


Location & Contact

Program in Business Administration

Iowa State University of Science and Technology

1360 Gerdin Business Building
Ames, IA 50011
United States

Ms. Debbie Johnson

Application Contact

Phone: 515-294-5133
Fax: 515-294-2446
Email: busgrad@iastate.edu

Request More Info

Degrees & Awards

  • Degrees Offered
    • Major Degree Levels Offered
    • Business Administration And Management Master of Architecture/Master of Business Administration (M Arch/MBA)
      Master of Business Administration (MBA)
      Master of Business Administration/Master of Community and Regional Planning (MBA/MCRP)
      Master of Business Administration/Master of Science (MBA/MS)
  • Degrees Awarded
    • Master's Degrees Not reported
    • Doctoral Degrees Not reported
    • 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? Not reported
    • Evening/weekend programs available? Not reported
    • Distance learning programs available? Not reported
    • Terminal master's degree available? Not reported
  • Degree Requirements
    • Master's Degrees Not reported
    • Doctoral Degrees Not reported
    • First Professional Degrees Not reported
    • Other Advanced Degrees Not reported

Admissions

61% of applicants are admitted.
  • Acceptance Rate
    • Applied 73
    • Accepted 45
    • Acceptance Rate 61
    • Enrolled 38
  • Applying
    • Application Fee - Domestic $60
    • Application Fee - International $90
    • Electronic applications accepted? Yes
    • Applications processed on a rolling basis? Not Reported
  • Application Deadlines
    • Type Domestic International Priority Date
    • Fall deadline July 1st March 1st Yes
    • Winter deadline December 1st December 1st Not Reported
    • Spring deadline Not Reported Not Reported Not Reported
  • Entrance Requirements
    • Master's DegreesGMAT, resume
    • Doctoral's DegreesNot Reported
    • First-Professional's DegreesNot Reported
    • Other Advanced DegreesNot Reported
    • International DegreesTOEFL recommended, 600 paper based, TOEFL iBT, IELTS recommended, IELTS paper based

Student Body

  • Gender
    • Total Graduate Students81
    • Female Percentage44%
    • Male Percentage56%
  • Participation
    • Total Graduate Students81
    • Part-time Percentage0%
    • Full-time Percentage100%
  • Race/Ethnicity
    • Hispanic / LatinoNot Reported
    • Black / African AmericanNot Reported
    • White / CaucasianNot Reported
    • American Indian / Alaskan NativeNot Reported
    • AsianNot Reported
    • Native Hawaiian / Other Pacific IslanderNot Reported
    • Two or more racesNot Reported
    • Unknown or International StudentNot Reported


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