School of Management

SUNY at Binghamton, School of Management History

Binghamton University, State University of New York, founded in 1946, is a public, coeducational institution. The 828-acre campus is located in a suburban area 200 miles from New York City and 72 miles from Syracuse. Total undergraduate and graduate enrollment is 14,373.

The School of Management was founded in 1970 and is located on the main campus, in its own building. Courses also are offered at Lockheed Martin in Oswego, NY (Executive MBA) and SUNY State College of Optometry, New York, NY (Fast Track Professional MBA Program). The basic educational approach is a mix of theoretical, case method, and team projects with industry. A mandatory internship experience is required for full-time MBA students.

SUNY at Binghamton, School of Management Academics

The School of Management offers the Master of Business Administration (MBA) and Master of Science in Accounting (MSAcct) as well as a doctoral program in management with specializations in functional areas of management. Other programs include 3-2 degrees with SUNY Oneonta, SUNY Fredonia, and SUNY Binghamton’s Harpur College and Watson School of Engineering; internships through the Corporate Associates Program; and joint research opportunities. The strongest areas of study and the most popular courses are Finance and Marketing. Regular programs bring distinguished speakers and visiting professors to campus through the TIAA CREF Lecture series.

Sixty-eight total credits are required to complete the MBA, including 24 elective credits. Required courses include:

• Accounting for Managers
• Managerial Economics
• Statistical Analysis for Management
• Management Information Systems
• Operations Management
• Managerial Finance
• Marketing Management
• Organizational Behavior
• Strategic Management
• Global and Ethical Environment
• Oral and Written Communications

Required courses for the MSAcct include:

• Financial Accounting Theory
• Advanced Auditing
• Managerial Accounting Theory
• Statistical Sampling in Auditing

Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending full time is 1 year; maximum, 2 years. For students attending part time, the minimum is 4 years; maximum, 5 years.

There are 39 total full-time graduate business faculty, all of whom hold a doctorate; there are 16 part-time faculty, of whom 23% hold a doctorate. Faculty salaries are rated average for Category l institutions, based on the AAUP rating system. Average number of courses faculty teach is 4; average business class size is 23.

SUNY at Binghamton, School of Management Unique Programs

Library

The Glenn Bartle Library houses a collection of more than 1,782,602 volumes, 1,815,514 microform items, and 118,596 audio/video tapes/CDs, and subscribes to 6902 periodicals. The business library is particularly strong in financial resource databases. Students have access to such databases and networks as ABI/INFORM, Compustat, CRSP, Datastream, Dialog@CARL, Disclosure Global Access, Lexis/Nexis, ECONLIT, STAT-USA, Emerald, Business and Company Resource Center. Other opportunities for research consist of the Center for Leadership Studies, among others.

Computers

Graduate business students need not have their own PCs.There are 392 computers and workstations available to students. Available databases include Access, SQL Server, and Oracle. All computers are networked to the Web.

Career and Job Placement

In spring 2006, 105 companies recruited on campus. Fifty-two percent were national corporations. Majors most in demand were finance and accounting. Average starting salary of the graduating class was $55,000; range was $35,000 to $82,000. The percentage of graduates finding jobs were:

• national corporations 90%
• regional corporations 5%
• local large enterprises 5%

Placement services are extensive. Placement services for alumni include access to e-recruiting, a web-based recruitment tool to assist students and alumni with job search. Placement is available through the Career Development Center. Eighty-five percent of the most recent graduating class found jobs within three months of receiving their degree.

International Students

International students must take the TOEFL. International students must score 580 on the Paper-Based TOEFL (PBT) or 92 on the Internet-Based (iBT) version. They also must submit a translation of their transcripts, proof of health consisting of proof of a physical exam, immunization records (MMR), a tuberculin skin test, and proof of adequate funds to cover each year’s expenses.There are special fees of $707.50 per year for health insurance and a $120 processing fee. Financial aid is available for these students and consists of assistantships. The application deadline for fall entry is April 15.

Calendar

The school operates on a traditional semester basis. Semesters are 15 weeks long; summer sessions, 5 weeks. Graduate programs are offered during the day and evening.

SUNY at Binghamton, School of Management Admissions

A bachelor’s degree is required, along with a GPA of 3.0 and a GMAT score of 580. Most important admissions factors are GMAT results, academic accomplishments and ability, and work experience. A strong mathematics background is required.

The number of applicants for the 2006-2007 class was 370; 216 were accepted; 83 enrolled. The average GPA was 3.3; average GMAT score was 615. Transfers are not accepted.

Students may begin the MBA program in the fall. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $60, and 2 letters of recommendation. The application deadline is April 15 for fall entry. Students are notified of the admissions decision within 3 weeks of application. The latest acceptable test date for fall entry is May. Once accepted, students may defer admission for up to 1 year.

SUNY at Binghamton, School of Management Financial Aid

About 42% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $7800 annually; maximum $9670. Stipends and programs available for minority students include the Clarke Fellowship. The FAFSA is required. The application deadline is February 1 for winter entry.

Tuition for in-state residents is $296 per credit, or $7100 per year. Nonresidents pay $450 per credit, or $11,340 per year. Books and supplies cost approximately $1000; personal expenses, $8400; and other fees, $1019, for an estimated annual total of $17,519 for in-state residents and $21,759 for out-of-state residents. Graduate student housing is not available on campus. There is a referral service to help procure off-campus housing.

SUNY at Binghamton, School of Management Students

Ninety-five percent of the current graduate business school class are enrolled full time; 45% have had an average of 2<1/2> years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from the Northeast (58%). Forty-one percent are women, 5% are minorities, and 35% are foreign nationals. The average age at entrance is 23; ages range from 21 to 46. Fifty-five percent enter directly from undergraduate school; 8% already have a graduate degree. Students’ undergraduate majors were as follows: 37%, business; 29%, engineering; 23%, liberal arts; 8%, economics; and 3%, math and science. About 5% of entering students leave by the end of the first year due to academic or personal reasons; 95% remain to receive their degree. In 2006, 80 graduate business degrees were awarded.