Embry-Riddle Aeronautical University
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Program Basics
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- Master of Business Administration
- Master Business Administration
- 600 S. Clyde Morris Blvd.
- FL
- Daytona Beach, 32114, Florida
- United States
- Program Web site: http://daytonabeach.erau.edu/cob/departments/graduate-degrees/master-business-administration/index.html
- Status: Private
- Program e-mail address: graduate.admissions@erau.edu
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Graduate business school is accredited by:
- Association of Collegiate Business Schools and Programs (ACBSP)
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SCHOOL BASICS
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Graduate business school enrollment:
- Total: 130
- Full-Time MBA: 87
- Part-Time MBA: 43
- Executive MBA: 0
- PhD Program: 0
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Other graduate degree programs:
- Other
- Master of Business Administration in Aviation Management
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Other graduate degree programs:
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PROGRAM COSTS
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Total direct costs (tuition and required fees) of the entire MBA program:
- Resident: $40,000.00
- Nonresident: $40,000.00
- Recommended annual budget (Resident): $28,288.00
- Recommended annual budget (Nonresident): $28,288.00
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PROGRAM LENGTH
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- Full-time program (months): 18
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ADMISSIONS
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Application Deadlines
- Semester: Spring 2012
- Deadline: Nov 1, 2011
- Semester: Summer 2012
- Deadline: Mar 1, 2012
- Semester: Fall 2012
- Deadline: Jul 1, 2012
- Semester: Spring 2013
- Deadline: Nov 1, 2012
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- Does the program have rolling admissions? Yes
- Is proficiency in English required for admission? Yes
- Is a minimum score on an English language proficiency test required? Yes
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Which English language proficiency tests are accepted?
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- IELTS
- TOEFL Internet Based Test
- TOEFL Paper-based Test
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- Minimum paper-based TOEFL score required for MBAs: 550
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Relative Importance of Application Elements:
- GMAT Score: Very Important
- Resume/Work Experience: Important
- Application Essays: Considered
- Interviews: Considered
- Recommendations: Important
- Undergraduate Transcripts: Very Important
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APPLICANTS
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- Applications (admitted and denied) to the newest class: 84
- Applicants who were accepted to the most recent class: 55 %
- Admitted applicants who enrolled in the newest class: 70 %
- Applicant interviews are: Recommended
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CLASS PROFILE
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Full-time students in newest entering class (2010-2011) that are:
- Female: 27 %
- International: 18 %
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Students from following regions:
- Africa: 6 %
- Asia: 6 %
- Europe: 3 %
- North America: 82 %
- Latin America and the Caribbean: 3 %
- Oceania: 0 %
- Dual citizenship: 0 %
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Percentage of U.S. students in newest entering class that are:
- African American: 8 %
- Asian American: 12 %
- Hispanic or Latino American: 15 %
- Multiethnic/Multiracial: 0 %
- Native American: 0 %
- White (Non-Hispanic): 54 %
- Chose not to report: 12 %
- Other: 0 %
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Percentage of U.S. students in newest entering class who are from the following regions:
- Northeast: 12 %
- Mid-Atlantic: 12 %
- South: 54 %
- Southwest: 8 %
- Midwest: 8 %
- West: 8 %
- Possessions and territories: 4 %
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FINANCIAL AID
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- Full-time MBAs apply for financial aid through: Central financial aid office at the university
- Full-time MBAs who applied for financial aid for the current academic year: 72 %
- Full-time MBAs receiving financial aid in the current academic year: 63 %
- Mean MBA financial aid package for the current academic year: $19,591.00
- Median MBA financial aid package for the current academic year: $20,500.00
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On what basis are scholarships awarded?
- a combination of need and merit
- How does an applicant apply for scholarship consideration? As part of the admissions application
- Mean scholarship awarded to full-time MBAs in the previous academic year: $6,520.00
- Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 100 %
- Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No
- Mean outstanding debt among the most recent graduates from the full-time MBA program: $8,893.00
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GMAT
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- Are applicants required to take the GMAT? Yes
- Are applicants allowed to submit the GRE? Yes
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GMAT score distribution (applicant pool):
- 50th Percentile (median) 440
- Average GMAT Score 526
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GMAT score distribution (incoming class):
- Average GMAT Score 680
- 50th Percentile (median) 710
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CLASS OFFERINGS
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- Average number of students in a full-time MBA core class: 17
- Average number of students in a full-time MBA elective class: 15
- Elective courses available to full-time MBA students: 11
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Concentrations and specializations offered to full-time MBA students:
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- Finance
- Human Resource Management
- Airline Management, Airport Management, Aviation Systems Management
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- Does the school offer an accelerated full-time MBA program? Yes
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The school believes that its leading areas of study for full-time MBA students are:
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- Finance
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FACULTY
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- Faculty employed by the B-school: 43
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Full-time faculty:
- Tenured: 12
- Non-Tenured: 4
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Faculty with PhDs:
- Tenured: 8
- Non-Tenured: 0
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TEACHING/ACADEMICS
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Teaching methods used:
- Case Study: 20 %
- Distance Learning: 10 %
- Experiential Learning: 10 %
- Lectures: 20 %
- Simulations: 10 %
- Team Projects: 30 %
- Other: 0 %
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Requirements for graduation:
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- Students must have attended a minimum number of classes
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TECHNOLOGY
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- Technology improvements in the last three academic years: Adobe CS5 Suite and Eviews Software; 70" LCD TV
- Amount spent: $23,000.00
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B-SCHOOL ALUMNI
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- Living MBA alumni: 961
- Active MBA alumni clubs: 0
- Countries in which MBA clubs exist: 0
- Living MBA alumni who gave in past year: 5 %
- Mean gift from MBA alumni: $135.00
- Median gift from MBA alumni: $99.00
- Did school receive an individual gift in excess of $10 million in the past academic year? No
- Business School endowment: $412,172.00
- Does the main university offer career placement services for alumni? Yes
- Does the main university have an alumni networking Web site? Yes
- University alumni networking site: http://www.eraualumni.org/s/867/splash.aspx
- Does the B-School have an alumni networking Web site? No
- Does the B-SCHOOL offer career services for alumni? No
- Do current MBA students have access to an alumni database? Yes
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CAREER SERVICES
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- Graduates seeking full-time professional MBA employment: 15 %
- Graduates not seeking employment: 6 %
- Graduates for whom you have no information regarding employment: 47 %
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Primary source of job offer:
- School-facilitated activities: 5 %
- Graduate-facilitated activities: 3 %
- No information provided by graduate: 92 %
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Job Offers for 2011 graduates
- Received first job offer by graduation: 5 %
- Received first job offer in three months following graduation: 0 %
- Received first job offer more than 3 months after graduation: 3 %
- Did not report having received a job offer: 92 %
- Accepted first job offer by graduation: 0 %
- Accepted first job offer in three months following graduation: 5 %
- Accepted first job offer more than 3 months after graduation: 2 %
- Did not report having accepted a job offer: 92 %
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Top recruiting organizations most recent academic year:
- United 1
- Boeing 1
- Rockwell Collins 2
- US Airways 1
- Rolls-Royce 1
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- Job-accepting graduates who received a signing bonus: 33 %
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Base salary, signing bonuses and other compensation for most recent employed graduates:
- Mean base salary: $59,000.00
- Median base salary: $62,000.00
- Mean signing bonus: $3,833.00
- Median signing bonus: $3,500.00
- Mean other guaranteed compensation: $3,000.00
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Graduating students who accepted jobs in the following functional areas:
- Consulting: 8 %
- Finance/Accounting: 33 %
- Marketing/Sales: 8 %
- Operations/Logistics: 16 %
- Other: 33 %
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Graduating students who accepted jobs in the following industries:
- Consulting: 8 %
- Manufacturing: 25 %
- Other: 66 %
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Graduates who accepted full-time jobs in the following regions:
- North America: 100 %
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Top recruiting organizations for internships, most recent academic year:
- US Airways 1
- Lufthansa Technik Component Services 1
- Signature Flight Support 3
- Southwest Airlines 3
- United Continental Holdings Inc 4
- NEXA Advisors 3
- TBI US Operations 1
- CIT Aerospace 1
- Walt Disney World 1
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- Internships awarded that are paid: 94 %
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- Average internship length in weeks: 12
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