OSU MBA Overview

Agenda

• Introductions• What is an MBA?• Benefits of an MBA• The Oregon State MBA

• Format• Degrees & tracks• Admissions Process

• Key Takeaways• Questions & Answers

Introductions

• Jim Coakley: Associate Dean• Clara Horne: Special Assistant to the Associate Dean• Brian Precious: MBA Program Director• Ashley Murphy: Academic Advisor• Caitlin Wright: Office Manager (not pictured)

What is an MBA?

• Masters of Business Administration• Post-graduate degree awarded to those who have mastered the

study of business

• Students study the theory and application of business and management principles

• Typical coursework includes the study of accounting, economics, human resources, marketing, finance, operations, project management and strategy

• Does not require an undergraduate business degree

Is an MBA Valuable?

• According to a survey of MBA’s graduating between 2011-12 (n=4135):• 93% found the experience personally rewarding• 86% advanced professionally• On average students recouped their investment in 4 years• Source: GMAC 2012 alumni perspectives survey

• MBAs Graduating in 2012• Full-time MBA graduates reported an average salary increase of 81% (2-year)• Full-time one-year MBA graduates reported an average salary increase of 67%• Part-time MBA graduates reported an average salary increase of 53% • Source: http://poetsandquants.com/2012/05/30/the-mba-bump-how-much/

• MBAs Graduating in 2013• 85% report their MBA gave them a competitive advantage in the job market• 81% reported greater empowerment over their employment outcomes • 77% felt their education introduced them to new career opportunities • Source: Job Search - Class of 2013 (GMAC)

Benefits of an MBA

Enhanced skill set Budgeting (Grants, research proposals) Abstract/critical thinking Project management Accounting/Finance

Greater interpersonal, managerial and leadership abilities

Improved career flexibility/ability to change jobs

Enhanced credibility with investors/funders of startup organizations

Higher Salary Potential

Global Alumni Network

The Oregon State MBA - Overview

• Flexible• Full-time, part-time and online/hybrid offerings• Nine tracks, or specializations • Most classes available during the day and in the evenings• Some classes available in Portland and Bend

• Experiential Learning Opportunities• Learn by doing

• OSU Advantage Accelerator

• Project based learning • Integrated Business Project (IBP)

• Well-regarded• AACSB accredited (1 of only 5 schools in Oregon)• Princeton Review – “Best in the West” (2013)

The Oregon State MBA – Program Components

• MBA Foundation Knowledge (3-15 credits)• Pre-MBA coursework for non-business majors• Accounting/finance, marketing/management, sustainable business

operations, business/legal environment • Students may be able to opt out of some foundation courses if they

have received equivalent on-the-job training• Students can take foundation courses at OSU, online and/or at a

local community college

• MBA Core • Skills and knowledge every OSU MBA graduate must have• Curriculum includes coursework in Financial/Cost Analysis, Business

Law, Finance, Leadership, Business Analysis, Supply Chain Management, Project Management, Strategic Management, Information Systems, Quantitative Methods, and New Product Development

• Track-specific coursework• Career specialization (see next slide for more information)

The Oregon State MBA - Tracks

Track Overview Credits Start Term Finish Term Information

Accountancy Prepares students for Certified Public Accountant (CPA) credential

45 - 73 Fall Spring here

Business Analytics Students learn how to use organizational data for operational and strategic decision making.

45 Any Spring here

Commercialization Students create research-driven, investor-ready business plan.

45 Any Spring here

Executive Leadership (online/hybrid)

Students prepare for managerial and leadership positions through coursework in ethical leadership, negotiations and an integrative capstone project

45 Any Any here

Global Operations Students acquire a mastery of international operations and supply chain management concepts and methods.

45 Any Spring here

Market Research Students prepare for careers in market research. 50 Fall Fall (typically)

here

Research Thesis Students engage in research with COB faculty. 47 Any Any here

Wealth Management Prepares students for careers in wealth management and financial planning.

53 Fall Winter here

Admissions Overview

• Requirements• GPA• GMAT• TOEFL (international applicants)

• Tuition, Fees & Scholarships• What We Look For• The Application Process

Minimum Admissions Requirements

• To be eligible for admission, students must meet the following criteria:• GPA

• At least a 3.0 from a regionally accredited college or university • If under a 3.0, advisors can work with applicants to determine eligibility on a

case-by-case basis

• GMAT (or GRE)• Minimum 500 overall score• Minimum 20% on verbal, quant, IR and writing sub-scores• We can provisionally admit an applicant w/o a GMAT score:

• You can complete up to 9 credits, then must submit a valid score • We may waive the GMAT if an applicant has already earned a Master’s degree• We will waive the GMAT for any PhD student who has completed their

comprehensive exams• See website for more details on GRE minimums (304, 30% percentile, 3.5+ on

AWS)

• TOEFL (international applicants)• 575 on paper based OR 7.0 on IELTS OR 91 on internet-based version (iBT)

with all sub scores at or above 22• Applicants must achieve minimum TOEFL score before they are allowed into

any MBA classes

Preferred Admissions Qualifications

• GPA• 3.0 or higher in business or technical field

• GMAT (not GRE) • 600+ with strong performance in all sub-sections

• Professional experience• Job(s)• Internship(s)• Volunteer experiences

• Demonstrated leadership abilities/capabilities• Demonstrated project and time management capabilities• Excellent communication skills (written and verbal)• Demonstrated ability to work effectively in teams

Application Process and Requirements

I. Online Application form: hereI. $60 fee

II. Official Transcripts III. ResumeIV. Short Answer Questions V. Letters of Reference (3)VI. Test Scores

I. GMAT or GREII. TOEFL (international students)

VII. Informational Interview

Tuition, Fees, Financial Aid and Scholarship

• Tuition is based on number of credit hours and residency status. See Business Affairs website for more information:

• Majority of financial assistance is administered by the financial aid office (541) 737-2241• Scholarship information can be found at http://oregonstate.edu/admin/finaid/

• Academic Merit Scholarships• Available for high-caliber students who advance the quality of the program and the

diversity of perspective amongst MBA program participants• All admitted MBA students are considered• Named scholarships listed on website

• Many have specific requirements

Credit Hours In-State Out-of-State

1 $690 $1,130

3 $2,070 $3,390

15 $6,390 $10,350

Where are they now?

Key Takeaways

• An MBA can add value in many ways to those with or without a business background

• Oregon State offers a high-quality, flexible program at a great value

• Most tracks can be completed in about a year by someone without a business background

• Our staff is willing to speak with students at all stages of the decision process

• OSU MBA graduates are in demand with top employers

Thank You!

• We appreciate your time and willingness to speak with us about the MBA program

• Join us on social media:

• For more information, please contact us:• OSUMBA@bus.oregonstate.edu• +1 (541) 737-5510

• We are happy to answer any questions.