Go To Businessweek.com
Part-Time MBA Profile Publish Date 05/27/12

Lipscomb University

Graduate School of Business

  • PROGRAM BASICS

      • Percentage of part-time students who graduate within six years of entering program: 83 %
      • Average months to complete program: 20
      • Maximum months permitted to complete program: 84
      • Does the school have a separate full-time MBA program? No

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

      • Resident: $13,080.00
      • Non-Resident: $13,080.00

    • Tuition per credit:

      • Resident $1,090.00
      • Non-resident $1,090.00
      • Graduate business school is accredited by: Association of Collegiate Business Schools and Programs (ACBSP)

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 174
      • Full-Time MBA: 0
      • Part-Time MBA: 116
      • Executive MBA: 0
      • PhD Program: 0
      • Undergraduate business school enrollment: 471
      • Graduate degree programs: Master of Accounting, Master of Human Resources

  • ADMISSIONS, SELECTIVITY AND YIELD

      • Total applications, most recent entering class: 89
      • Applications accepted, most recent entering class: 64 %
      • Admitted students enrolled: 84 %
      • Applicants wait-listed during the last admissions cycle: 4
      • Wait-listed applicants admitted for the semester to which they applied: 0
      • Applicant interviews are: Required

  • ENTRY REQUIREMENTS

      • Rolling admissions? Yes
      • GMAT required? Yes
      • Are applicants allowed to submit the GRE? Yes

    • GMAT score distribution (incoming class)

      • 90th Percentile 590
      • 25th Percentile 500
      • 75th Percentile 570
      • 10th Percentile 450
      • 50th Percentile (median) 535
      • Average GMAT Score 537
      • 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?

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

    • Relative Importance of Application Elements:

      • GMAT Score: Very Important
      • Resume/Work Experience: Important
      • Application Essays: Considered
      • Interviews Important
      • Recommendations: Important
      • Undergraduate Transcripts: Very Important

  • CLASS PROFILE

      • Female students: 35 %
      • International students: 6 %

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

      • African American: 6 %
      • Asian American: 2 %
      • Hispanic or Latino American: 0 %
      • Multiethnic/Multiracial: 0 %
      • Native American: 2 %
      • White (Non-Hispanic): 90 %
      • Chose not to report: 0 %
      • Other: 0 %

    • Postgraduate work experience (months):

      • Mean: 104
      • Median: 78
      • From: 0
      • To: 228
      • One year or less: 27 %

    • Base salary of entering part-time MBA students:

      • Mean: $76,390.00
      • Median: $69,000.00

    • Middle 80% range:

      • From: $40,000.00
      • To: $92,000.00

    • Entering students work in the following functional areas:

      • Consulting: 4 %
      • Finance/Accounting: 17 %
      • General Management: 17 %
      • Human Resources: 8 %
      • Marketing/Sales: 8 %
      • Management Information Systems: 13 %
      • Operations/Production: 13 %
      • Other: 20 %

    • Entering students work in the following industries:

      • Consulting: 0 %
      • Consumer Products: 0 %
      • Financial Services: 17 %
      • Government: 8 %
      • Manufacturing: 8 %
      • Media/Entertainment: 8 %
      • Non-Profit: 17 %
      • Petroleum/Energy: 0 %
      • Pharmaceutical/Biotechnology/Health Care: 17 %
      • Real Estate: 4 %
      • Technology: 0 %
      • Other: 21 %

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

      • Vanderbilt University 10
      • Lipscomb University 8
      • HCA 7
      • Cat Financial 4
      • Nissan North America 3
      • Mean age, newest entering class: 32
      • Median age, newest entering clas: 30

  • 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: 59 %

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

      • Institutional Scholarships: 1 %
      • Assistantships: 18 %
      • Loans (private and government): 46 %
      • Mean financial aid package: $16,721.00
      • Median financial aid package: $17,500.00
      • On what basis are scholarships awarded? Academic merit
      • Full-tuition scholarships awarded, 2011-12: 0
      • How does an applicant apply for scholarship consideration? Unique scholarship application
      • Does school offer a guaranteed loan to all part-time MBAs? No

  • FACULTY

      • Faculty employed by the B-school: 53

    • Full-time faculty:

      • Tenured: 8
      • Non-Tenured: 15

    • Adjunct/Visiting Faculty:

      • Tenured: 0
      • Non-Tenured: 30

    • Women on Faculty:

      • Tenured: 1
      • Non-Tenured: 10

    • Minority Faculty:

      • Tenured: 0
      • Non-Tenured: 1

    • International Faculty:

      • Tenured: 0
      • Non-Tenured: 1

    • Faculty with PhDs:

      • Tenured: 7
      • Non-Tenured: 26
      • Faculty on company boards: 48

  • STUDENT LIFE

    • Active MBA specialization clubs open to part-time students:

        • Corporate Social Responsibility/NetImpact
        • Entrepreneurship
        • Human Resources
        • Business Ethics

    • Active MBA networking clubs open to part-time students:

        • Women in MBA
      • Do part-time MBA students have their own area/center on campus? No
      • Do part-time MBA students have break-out rooms? Yes

  • TEACHING/ACADEMICS

    • Teaching Methods:

      • Case Study: 23 %
      • Distance Learning: 18 %
      • Experiential Learning: 8 %
      • Lectures: 21 %
      • Simulations: 2 %
      • Team Projects: 18 %
      • Other: 10 %
      • Estimated number of hours per week students spend on classwork, excluding time spent in class: 16
      • Teachers in the part-time program: 32
      • Tenured teachers in the part-time program: 7
      • Faculty with at least five years of full-time corporate experience 70 %
      • Average core class size: 21
      • Average elective class size: 20
      • Electives available: 38

    • Recently added electives:

      • Organizational Development
      • Last curriculum revision: 2011
      • Recent curriculum changes: Revamped core and increased total hours to 36 with a required international trip.

    • Concentrations and specializations offered to part-time MBAs:

        • Accounting
        • Finance
        • General Management
        • Other
        • Leadership

    • Additional concentrations offered:

      • Non-Profit Management
      • Healthcare Management
      • Sports Management
      • Sustainable Practice
      • Conflict Management
      • Does the B-school offer an accelerated part-time MBA program? Yes

    • Leading areas of study:

        • Finance
        • Leadership
        • Accounting
        • Health Care Administration
        • Other

    • 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: 36

  • TECHNOLOGY

      • Technology improvements in the last three academic years: Converted a classroom to a finance lab (stock ticker, software, etc.). Converted one classroom to a Steelcase room. Faculty/staff are on a 3-year rotation plan for computers. The institution upgraded and significantly expanded the campus wireless network.
      • Amount spent: $200,000.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 438
      • Active MBA alumni clubs: 1
      • Countries in which MBA clubs exist: 1
      • Living MBA alumni who gave in past year: 9 %
      • Mean gift from MBA alumni: $100.00
      • Median gift from MBA alumni: $30.00
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Business school endowment $3,137,225.00
      • 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://alumni.lipscomb.edu
      • Does the B-school offer career services for alumni? Yes
      • Does the B-School have an alumni networking Web site? No
      • Do current MBA students have access to an alumni database? Yes

  • 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 students included in resume drops? Yes

Getting In

B-School Life

Finding a Job

Paying the Bills