PROGRAM BASICS

• • Sam M. Walton College of Business
  • Managerial MBA (Part-time MBA)
  • 310 Willard J. Walker Hall
  • University of Arkansas
  • Fayetteville, 72701, Arkansas
  • United States
  • Program Web site: http://gsb.uark.edu
  • E-mail: gsb@walton.uark.edu
• • Percentage of part-time students who graduate within six years of entering program: 91 %
  • Average months to complete program: 24
  • Maximum months permitted to complete program: 24
  • Does the school have a separate full-time MBA program? Yes
  • If so, can part-time students switch to the full-time program? No

• Tuition and Fees: (Based on six credits in the fall and six credits in the spring)

  • Resident: $9,000.00
  • Non-Resident: $9,000.00

• Tuition per credit:

  • Resident $750.00
  • Non-resident $750.00
• • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 343
  • Full-Time MBA: 60
  • Part-Time MBA: 123
  • PhD Program: 72
• • Undergraduate business school enrollment: 3,764
  • Graduate degree programs: Master of Accounting, Master of Electronic Commerce/Information Systems, Other
  • Other graduate degree programs: Master of Arts in Economics

ADMISSIONS, SELECTIVITY AND YIELD

• • Total applications, most recent entering class: 93
  • Applications accepted, most recent entering class: 79 %
  • Admitted students enrolled: 91 %
  • Applicants wait-listed during the last admissions cycle: 2
  • Wait-listed applicants admitted for the semester to which they applied: 2
  • Applicant interviews are: Not required

ENTRY REQUIREMENTS

• • Rolling admissions? No
  • GMAT required? Yes
  • Are applicants allowed to submit the GRE? Yes

• GMAT score distribution (applicant pool)

  • 75th Percentile 580
  • 90th Percentile 640
  • 10th Percentile 370
  • 25th Percentile 450
  • 50th Percentile (median) 530
  • Average GMAT Score 517

• GMAT score distribution (incoming class)

  • 50th Percentile (median) 570
  • 10th Percentile 480
  • 75th Percentile 610
  • 25th Percentile 520
  • 90th Percentile 710
  • Average GMAT Score 568
• • Is proficiency in English required? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test
• • Minimum paper-based TOEFL: 550

• Relative Importance of Application Elements:

  • GMAT Score: Important
  • Resume/Work Experience: Very Important
  • Application Essays: Important
  • Interviews Not Considered
  • Recommendations: Important
  • Undergraduate Transcripts: Important

CLASS PROFILE

• • Female students: 27 %
  • International students: 3 %

• Percentage of U.S. students in newest entering class that are:

  • African American: 3 %
  • Asian American: 3 %
  • Hispanic or Latino American: 0 %
  • Multiethnic/Multiracial: 0 %
  • Native American: 2 %
  • White (Non-Hispanic): 90 %
  • Chose not to report: 2 %
  • Other: 0 %

• Postgraduate work experience (months):

  • Mean: 82
  • Median: 60
  • From: 1
  • To: 264
  • One year or less: 15 %

• Base salary of entering part-time MBA students:

  • Mean: $64,453.00
  • Median: $58,000.00

• Middle 80% range:

  • From: $40,000.00
  • To: $100,500.00

• Entering students work in the following functional areas:

  • Consulting: 4 %
  • Finance/Accounting: 13 %
  • General Management: 10 %
  • Human Resources: 0 %
  • Marketing/Sales: 31 %
  • Management Information Systems: 13 %
  • Operations/Production: 15 %
  • Other: 15 %

• Entering students work in the following industries:

  • Consulting: 0 %
  • Consumer Products: 46 %
  • Financial Services: 19 %
  • Government: 2 %
  • Manufacturing: 31 %
  • Media/Entertainment: 0 %
  • Non-Profit: 2 %
  • Petroleum/Energy: 0 %
  • Pharmaceutical/Biotechnology/Health Care: 0 %
  • Real Estate: 0 %
  • Technology: 0 %
  • Other: 0 %

• Organizations that send the most participants to the part-time MBA program:

  • Walmart 42
  • Tyson 8
  • Unilever 4
  • Hershey 3
  • Procter&Gamble 3
• • Mean age, newest entering class: 30
  • Median age, newest entering clas: 27

FINANCIAL AID

• • Part-time MBAs apply for financial aid through: Central financial aid office at the university
  • Students receiving some form of financial aid in 2011-12: 95 %

• Of part-time MBA students who applied for financial aid for the 2011-12 academic year, percentage receiving:

  • Institutional Scholarships: 0 %
  • Assistantships: 0 %
  • Loans (private and government): 99 %
• • Full-tuition scholarships awarded, 2011-12: 0
  • Does school offer a guaranteed loan to all part-time MBAs? Only to domestic students

FACULTY

• • Faculty employed by the B-school: 117

• Full-time faculty:

  • Tenured: 53
  • Non-Tenured: 46

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 19

• Women on Faculty:

  • Tenured: 8
  • Non-Tenured: 19

• Minority Faculty:

  • Tenured: 11
  • Non-Tenured: 11

• International Faculty:

  • Tenured: 0
  • Non-Tenured: 8

• Faculty with PhDs:

  • Tenured: 53
  • Non-Tenured: 34

STUDENT LIFE

• • Do part-time MBA students have their own area/center on campus? Yes
  • Do part-time MBA students have break-out rooms? Yes

TEACHING/ACADEMICS

• Teaching Methods:

  • Case Study: 5 %
  • Distance Learning: 50 %
  • Experiential Learning: 10 %
  • Lectures: 25 %
  • Simulations: 5 %
  • Team Projects: 5 %
  • Other: 0 %
• • Estimated number of hours per week students spend on classwork, excluding time spent in class: 20
  • Teachers in the part-time program: 17
  • Tenured teachers in the part-time program: 11
  • Faculty also teaching in full-time program: 76 %
  • Average core class size: 52
  • Average elective class size: 8
  • Electives available: 4
• • Last curriculum revision: 2005
• • Does the B-school offer an accelerated part-time MBA program? No

• Leading areas of study:

  • • Entrepreneurship
    • Supply Chain Management

• Graduation requirements:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
• • Credits required to graduate: 38

TECHNOLOGY

• • Technology improvements in the last three academic years: Upgraded security systems with new color cameras and GE DVR’s. Migrated disaster recovery & backup services and Networking infrastructure to Central Campus Computing. Upgraded and replaced all networking infrastructure through UITS. Windows 7 deployed to Faculty/Staff. Office 2010 deployed to all systems. Upgraded Storage Area Network. Participated in a pilot of Dell/Citrix’s On-Demand Desktop Streaming solution. Upgraded the VMware infrastructure.
  • Amount spent: $1,500,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 3,249
  • Active MBA alumni clubs: 0
  • Countries in which MBA clubs exist: 0
  • Living MBA alumni who gave in past year: 4 %
  • Mean gift from MBA alumni: $660.00
  • Median gift from MBA alumni: $100.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business school endowment $120,884,470.00
  • 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://arkansasalumni.org
  • Does the B-school offer career services for alumni? Yes
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://waltoncollege.uark.edu/alumni/
  • Do current MBA students have access to an alumni database? No

CAREER SERVICES

• • Do part-time MBAs have access to career development office?
    • Yes
  • If yes, at what point in the degree process are part-time MBA students able to use the service?
    • At any time
  • Are part-time MBAs permitted to interview for full-time jobs? Yes
  • Are part-time students included in resume drops? Yes

• • -The Walton MBA has exposed me to many subject areas such as finance, human resources, and marketing. For the majority, each professor in the program displayed high competency within their subject areas.
    
    -The program is totally designed for working professionals; the faculty are very willing to work with you and accommodate any legitimate needs for flexibility.
    
    -I would have liked to grade the people in my group. Sometimes I had to carry some of them through.
    
    -This program was an excellent resource for my current career. I have been able to make substantial changes to my area of business, thus creating significant efficiencies to our business model. I mentor several people with the knowledge from the MBA program and have encouraged over a dozen people to enter in the program over the upcoming years. Our career advancement is directly tied to our business performance, so I have encouraged others to enter the program to gain a competitive advantage I have been able to utilize. The curriculum is very well aligned with our business model, so I encourage colleagues with high aptitude to the program.
    
    -Some workloads can be overwhelming at times when both classes have deadlines on the same day. It would be nice to have professors work together so that workloads are not so intense.
    
    -The program was very challenging, but also flexible enough to make it feasible to those that are still working full time. The networking possibilities were extremely valuable due to the quality of the candidates. There is a high concentration of satellite offices of Fortune 500 companies in the immediate area to support the Walmart Stores, Inc corporate office. Therefore, the quality of the students is very high who work for very high caliber corporations.
    
    -I believe that the study abroad offered through the program could be better organized and informative.
    
    -After 9 years in the Consumer Products industry, I was not sure how much would knowledge would be acquired through my MBA. I was pleasantly surprised with the professionalism represented in the material, students and faculty. The program greatly exceeded my expectations and made me a stronger asset to my company.
    
    -I thought the program could be extended another year. I understand that this is very difficult to sell, both in terms of attractiveness to prospective students and cost, but the two summer semesters of the program were almost too concentrated. This was unfortunate, because our summer courses were vital to the program, and could have used the additional weeks that encompass the fall/spring semesters. It got to be so much work that students had no break and got burned out quickly, which affected the quality of work. This is by no means a serious issue, but something that has the opportunity for improvement. Other than that, I couldn't be happier of my decision to enroll in the program. I wouldn't hesitate to recommend the program to other hard-working and intelligent professionals, and cannot wait for this degree to appreciate over time.
    
    -It was a great opportunity to get a well-rounded education while maintaining a vigorous work schedule. It was also a good way to network with others in the Walmart community.
    
    -I think the summer sessions should only have one class and extend the program one semester. Additionally, the teachers that really understand the mixed delivery program need to better educate their peers on how to effectively deliver material to students.
    
    -Firstly, this University's professors and administrators are extremely professional and take their jobs very seriously. Secondly, I really enjoyed and benefited from the holistic structure of this program. Finally, and most importantly, this course has spurred my innovative curiosity which I really hope will pay dividends, one day, to society.
    
    -A little more consistency in the administrative and organizational elements of the course instruction; most of the professors do this well, but there are a few opportunities for improvement overall.
    
    -I have actually already talked two of my coworkers into attending the program. The focus on retail and the broad education in all fields of business have provided me with a well-rounded background that I can build my career on. In addition, the network of well-respected companies represented by other students in the class provides a great advantage to career opportunities and connections.
    
    -The Walton College part time MBA program was a very rewarding experience for me. I feel that although it was quite a lot of work, it was manageable even while working full time. I benefited greatly not only from my classes and professors, but also feel that I made long lasting friendships and connections with future business leaders.