Accountancy Concentration: The Accountancy Concentration is intended for students who have completed an undergraduate degree in accounting, and the program will prepare students to meet the educational requirements necessary to take the Certified Public Accountant examination.
Program Mission: Learning for Leadership: The MBA Program at Eastern Illinois University is an AACSB accredited graduate program that prepares students for employment in positions of leadership in small and large businesses, industry, government, and non-profit organizations in a contemporary global environment. The program emphasizes the application of analytical tools and related skills that are essential for making informed business decisions. Learning for Excellence: The dedicated faculty seeks to foster excellence, creativity, and innovation through a responsive, dynamic, challenging, and culturally diverse learning environment, with a focus on experiential and applied learning and research. Learning for Life: The program promotes and expects ethical behavior in all aspects of professional work and prepares its students for life-long discovery and professional fulfillment in a global economy.
The MBA degree with a concentration in accountancy is intended for students who have completed an undergraduate degree in accounting. At the completion of this program, graduates will have:
- the ability to apply technical accounting knowledge in managerial decision-making;
- a strong understanding of the complex interrelationships between functional business areas;
- communication skills and critical thinking abilities expected by employers and required of future accounting professionals; and
- the opportunity to meet the educational requirements necessary to qualify to take the Certified Public Accountant examination.
Admission Requirements: To be eligible for degree candidacy, applicants must meet all of the requirements for admission to the Graduate School (see “Admission to Graduate Degree and Certificate Programs”). Also, candidates must submit an MBA program application, résumé clearly describing employment experience, two completed reference forms sent directly to the MBA Office (preferably one should be from a previous or current employer), a one-page professional goal statement describing career and academic goals and how the candidate has and will continue to prepare him/herself to meet those goals, and a signed Honor Code agreement. In addition to the documents identified, applicants may qualify for admission in one of four ways: 1) Be a member of Beta Gamma Sigma and provide proof of current membership; 2) EIU School of Business students may submit ETS Business Capstone Exam Score results demonstrating achievement at the 80th percentile or higher, in combination with a GPA of 3.2 or greater (as calculated by the EIU Graduate School for purposes of admission); 3) Obtain qualifying scores on the Graduate Management Admission Test (GMAT): Total score 400, Verbal 18, Quantitative 23, Analytical Writing 3.5, and Integrative Reasoning 3.0 and meet the “1000 formula” where (200 x GPA) + GMAT yields a score of 1000 or greater; or 4) Obtain qualifying scores on the Graduate Record Examination (GRE): Combined Verbal and Quantitative GRE score of 292, Verbal 140, Quantitative 146, and Analytical Writing 3.5, and meet the “1000 formula” where (200 x GPA) + GMAT equivalent score yields a score of 1000 or greater. The GRE equivalent to GMAT score is calculated using an online calculator found at: http://www.ets.org/s/gre/flash/bschool/comparison/17302/170/index.html.
The Graduate Business Studies office follows the policies of the Graduate School for calculating the GPA. Applicants must have achieved a minimum undergraduate cumulative grade point average (GPA) of 2.75 on a 4.0 scale or a 2.75 GPA on the last 60 hours of graded academic course work. The undergraduate cumulative GPA is defined as the final GPA as reflected on the official transcript of the institution granting the baccalaureate degree. If no cumulative GPA is specified or if the institution uses a scale other than a 4.0 scale, the Graduate School will calculate the GPA for the baccalaureate institution. If applicants do not have a 2.75 cumulative GPA on the official transcript of the institution granting the degree, or if the undergraduate degree was earned in a non-traditional program, the Graduate School will automatically calculate the GPA on the last 60 hours of graded academic course work. The cumulative GPA for the last 60 hours is calculated by identifying the most recent term in which the student has completed course work and counting backward until the terms in which 60 semester hours were earned are identified. All of the hours in those terms will be included in the calculation. Upon request of the application, the MBA Office will calculate the GPA on the last 60 hours of graded academic course work if student does not meet the admission formula requirements. Applicants may request that course work taken as a post-baccalaureate student be considered in the computation of the GPA when calculating the GPA on the last 60 semester hours. This request must be made to the Graduate School. Applicants must provide official transcripts of all post-baccalaureate course work and request that all post-baccalaureate work be included in the calculation. When such a request is made, the cumulative GPA is calculated by identifying the most recent term in which the student has completed course work and counting backward until the term in which 60 semester hours are identified. All of the hours in those terms will be included in the calculation.
Exceptions to admission requirements will be reviewed on a case-by-case basis by the Graduate Business Studies Committee. Additional criteria may be established by the School of Business Graduate Committee to evaluate applicants for admission.
Honor Code: An important expectation of the MBA program is appropriate ethical behavior in all aspects of professional and educational endeavors. To promote and guide this behavior, the School of Business Graduate Committee has adopted an Honor Code for the MBA Program. All applicants are required to sign the Honor Code and return it to the Graduate Business Studies Office as a condition for admission. Please carefully review the Honor Code. Keep one copy for your reference, and sign and submit the other copy with your admission materials. The form can be found at the MBA web site: www.eiu.edu/mba/
Application Process: Submit to the Office of Graduate Business Studies, 4025 Lumpkin Hall, Eastern Illinois University, 600 Lincoln Avenue, Charleston, Illinois, 61920-3099, the following:
- MBA Program Application for Admission,
- Two completed reference forms sent directly to the MBA Office (preferably one should be from a previous or current employer),
- A one-page professional goal statement describing your career and academic goals and how you have and will continue to prepare yourself to meet those goals,
- All official transcripts from regionally accredited colleges or universities attended. Unofficial transcripts, such as those marked “Issued to Student,” are not acceptable. One transcript should certify the completion of the baccalaureate degree. EXCEPTION: A transcript verifying completion of seven semesters of undergraduate course work will be accepted if the applicant is a senior in college. An official transcript certifying the receipt of the baccalaureate degree will be required before the student will be admitted as a graduate student. Students who have attended Eastern do not have to provide EIU transcripts,
- Signed Honor Code agreement,
- Official results of the Graduate Management Admission Test (GMAT).
Admission decisions will be based on:
- Minimum GMAT score is 400-Verbal 18, Quantitative 23, Analytical Writing 3.5, Integrative Reasoning 3.
- Minimum combined Verbal and Quantitative GRE score total = 292; Verbal 140, Quantitative 146, Analytical Writing 3.5
- Score of at least 1,000 points based on the following formula: (200 x GPA) + GMAT (or GMAT equivalent) total score. GRE equivalent to GMAT calculated using this calculator.
- A comprehensive review of evidence of the applicant’s knowledge, skills, and ability to excel at and benefit from the rigor of master’s level coursework. Such evidence includes but it is not limited to details of academic and work-related achievements, evidence of personal initiative, growth, creativity, and extracurriculat activities such as professional and community involvement.
The School of Business Graduate Admissions Committee will begin reviewing completed applications on these dates: the last week of March for summer and fall admissions, and the third week of November for spring admissions.
All admission criteria are listed as guidelines. They are minimum requirements and do not guarantee admission to the MBA Program.
For additional information about the program, and application forms, and recommendation forms, visit the MBA web site: www.eiu.edu/mba.
Failure to submit all required application materials by the following dates may result in a delay of the registration process for the academic year entering: Domestic students: fall semester - August 1, spring semester - December 1, and summer term - May 1. International students: fall semester - May 15, spring semester - October 15.
Degree Audit: The graduate plan of study is the EIU Degree Audit, which is generated automatically in the Degree Audit Reporting System (DARS) at the time of degree or certificate candidacy. Modifications of the standard EIU Degree Audit are submitted by the graduate coordinator to the certification officer in the Graduate School at the time modifications are approved. The Degree Audit serves as an unofficial summary of requirements for the program. Degree and certificate candidates are advised to review the comprehensive summary of the Degree Audit process specified on the “Requirements for All Degree and Certificate Candidates” section of the Graduate Catalog. Individual programs may require candidates to submit plans of study in addition to the Degree Audit, candidates should consult with the program coordinator.