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Full-Time MBA Profile Publish Date 05/27/12

Lamar University

College of Business

  • Program Basics

      • MBA Program
      • MBA Program
      • 4400 S. MLK Jr Parkway
      • PO Box 11612
      • Beaumont, 77710, Texas
      • United States
      • Program Web site: http://mba.lamar.edu
      • Status: Public
      • Program e-mail address: cob-mba@lamar.edu
      • Graduate business school is accredited by:
        • Association to Advance Collegiate Schools of Business (AACSB)
        • Other

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 141
      • Full-Time MBA: 84
      • Part-Time MBA: 57
      • Other graduate degree programs:
        • Master of Accounting

  • PROGRAM COSTS

    • Total direct costs (tuition and required fees) of the entire MBA program:

      • Resident: $14,080.00
      • Nonresident: $24,968.00
      • Recommended annual budget (Resident): $22,046.00
      • Recommended annual budget (Nonresident): $30,212.00

  • PROGRAM LENGTH

      • Full-time program (months): 16

  • ADMISSIONS

    • Application Deadlines

      • Semester: Spring 2012
      • Deadline: Nov 1, 2011
      • Semester: Summer 2012
      • Deadline: Mar 15, 2012
      • Semester: Fall 2012
      • Deadline: Jun 1, 2012
      • Semester: Spring 2013
      • Deadline: Nov 1, 2012
      • 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

    • Which English language proficiency tests are accepted?

        • IELTS
        • TOEFL Internet Based Test
        • TOEFL Paper-based Test
      • Minimum paper-based TOEFL score required for MBAs: 525

    • Relative Importance of Application Elements:

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

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 72
      • Applicants who were accepted to the most recent class: 88 %
      • Admitted applicants who enrolled in the newest class: 47 %
      • Applicant interviews are: Not required

  • APPLICANT POOL

      • International applications received: 54 %
      • Applications from women received: 22 %

  • CLASS PROFILE

    • Full-time students in newest entering class (2010-2011) that are:

      • Female: 21 %
      • International: 44 %

    • Students from following regions:

      • Asia: 39 %
      • Europe: 6 %
      • North America: 55 %

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

      • African American: 6 %
      • Asian American: 24 %
      • Hispanic or Latino American: 6 %
      • White (Non-Hispanic): 64 %

    • Percentage of U.S. students in newest entering class who are from the following regions:

      • Southwest: 100 %
      • Median age of entering class: 26
      • Mean age of entering class: 28

  • FINANCIAL AID

      • 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: 73 %
      • Full-time MBAs receiving financial aid in the current academic year: 73 %
      • Mean MBA financial aid package for the current academic year: $3,216.00
      • Median MBA financial aid package for the current academic year: $750.00
      • On what basis are scholarships awarded?
        • academic merit
      • How does an applicant apply for scholarship consideration? Unique scholarship application
      • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

  • GMAT

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

    • GMAT score distribution (applicant pool):

      • 50th Percentile (median) 460
      • 25th Percentile 410
      • 75th Percentile 515
      • 10th Percentile 357
      • 90th Percentile 584
      • Average GMAT Score 457

    • GMAT score distribution (incoming class):

      • 90th Percentile 590
      • 50th Percentile (median) 470
      • 10th Percentile 400
      • 75th Percentile 535
      • 25th Percentile 435
      • Average GMAT Score 482

  • CLASS OFFERINGS

      • Average number of students in a full-time MBA core class: 31
      • Average number of students in a full-time MBA elective class: 15
      • Elective courses available to full-time MBA students: 36

    • Electives that have been added to the full-time program since June 30, 2010:

      • Personal Leadership
      • Team Leadership
      • Tactical Leadership
      • Strategic Leadership

    • Concentrations and specializations offered to full-time MBA students:

        • Finance
        • Management Information Systems
        • Entrepreneurship
        • Marketing
        • Health Care Administration
        • Accounting
      • Thematic and Thesis

    • Joint-degree programs offered to full-time MBAs:

        • Other
        • MBA/MSN (Nursing)
      • Does the school offer an accelerated full-time MBA program? Yes

    • The school believes that its leading areas of study for full-time MBA students are:

        • Finance
        • Marketing
        • Other
        • Management Information Systems
        • Accounting

  • FACULTY

      • Faculty employed by the B-school: 46

    • Full-time faculty:

      • Tenured: 22
      • Non-Tenured: 15

    • Adjunct/Visiting Faculty:

      • Tenured: 0
      • Non-Tenured: 9

    • Women on Faculty:

      • Tenured: 7
      • Non-Tenured: 6

    • Minority Faculty:

      • Tenured: 7
      • Non-Tenured: 0

    • International Faculty:

      • Tenured: 1
      • Non-Tenured: 3

    • Faculty with PhDs:

      • Tenured: 18
      • Non-Tenured: 14

  • TEACHING/ACADEMICS

    • Teaching methods used:

      • Case Study: 10 %
      • Distance Learning: 5 %
      • Experiential Learning: 35 %
      • Lectures: 25 %
      • Simulations: 5 %
      • Team Projects: 20 %

    • Requirements for graduation:

        • Students must have attended a minimum number of classes
        • Students must have earned a pre-determined GPA/Letter grade average
      • Student must complete a written report & oral presentation.

  • TECHNOLOGY

      • Technology improvements in the last three academic years: Financial learning center built including computers, specialized financial software, servers, and displays; computer labs updated, leadership classroom built
      • Amount spent: $390,000.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 953
      • 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: $11,293.00
      • Median gift from MBA alumni: $130.00
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Business School endowment: $4,958,562.00
      • 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.facebook.com/LamarUniversityAlumni
      • 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? No

  • CAREER SERVICES

      • Graduates seeking full-time professional MBA employment: 59 %
      • Graduates not seeking employment: 38 %
      • Graduates for whom you have no information regarding employment: 3 %

    • Primary source of job offer:

      • School-facilitated activities: 3 %
      • No information provided by graduate: 97 %

    • Job Offers for 2011 graduates

      • Received first job offer by graduation: 38 %
      • Did not report having received a job offer: 62 %
      • Accepted first job offer by graduation: 38 %
      • Did not report having accepted a job offer: 62 %

    • Top recruiting organizations most recent academic year:

      • UHY LLP 1
      • Flint Hills 1
      • Swift Energy Company 1
      • Baptist Hospital of Southeast Texas 1
      • American Valve & Hydrant Mfg. 1
      • Worley Parson 1
      • Mehaffy Weber 1
      • Entergy 1
      • AT&T 1
      • LCY Elastomers LP 1
      • Print Pack, Inc 1
      • State Comptroller Office 1
      • H.B. Neild & Sons 1
      • Lamar University 1
      • Job-accepting graduates who received a signing bonus: 29 %

    • Base salary, signing bonuses and other compensation for most recent employed graduates:

      • Mean base salary: $76,250.00
      • Median base salary: $75,000.00
      • Mean signing bonus: $20,000.00
      • Median signing bonus: $20,000.00

    • Graduating students who accepted jobs in the following functional areas:

      • Consulting: 7 %
      • Finance/Accounting: 14 %
      • General Management: 14 %
      • Human Resources: 0 %
      • Marketing/Sales: 0 %
      • Management Information Systems: 7 %
      • Operations/Logistics: 29 %
      • Other: 29 %

    • Graduating students who accepted jobs in the following industries:

      • Financial Services: 7 %
      • Manufacturing: 22 %
      • Petroleum/Energy: 29 %
      • Technology: 7 %
      • Other: 29 %

    • Graduates who accepted full-time jobs in the following regions:

      • North America: 100 %

    • Within the U.S., graduates who accepted full-time jobs in the following regions:

      • Southwest: 100 %

    • Top recruiting organizations for internships, most recent academic year:

      • Trister Gas Companies 2
      • Altus Healthcare 1
      • Econolodge 1
      • Casa of Southeast Texas 1
      • Mobil Oil FCU 2
      • Baptist Hospital 1
      • Accenture 1
      • Harris, Duesler &Hotfield 1
      • Internships awarded that are paid: 90 %

    • Weekly internship compensation:

      • Mean: $12.00
      • Median: $10.00
      • Average internship length in weeks: 15

  • SCHOOL COMMENTS

      • School Comments: Endowment figures provided are for the fiscal year ending 8/31/2011.

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