Graduate Programs - FAQs: Frequently Asked Questions
Reveiew complete details about prerequisites at: http://umaine.edu/business/mba/graduate-programs/mba-program/prerequisite-courses/
- GMAT 550 preferred; no less than 500
- Bachelor’s cumulative GPA 3.5 preferred; no less than GPA 3.0
- The quality of the undergraduate institution
- The rigor of undergraduate major and grade matrix
- Quality and strength of business, accounting, and finance courses taken at the bachelor’s level
- Quality and strength of letters of recommendation
- Quality of the candidate’s essay
- On and off campus proactive involvement
- Perceived potential for success and overall fit for the MBA program and its academic rigor
- Quality and diversity of life experiences such as work with non-profits, involvement with extracurricular activities and demonstration of potential for leadership, critical thinking. and motivation for excellence
MBA Program: 39 credit hours:
- 7 core courses (21 credit hours)
- 2 experiential courses (6 credit hours: intl trip, internship)
- 4 elective courses (12 credit hours; several interesting tracks available)
Click here to see information about the Professional MBA program. The professional MBA program is 36 credit hours and working professionals are exempted from the 3-credit internship requirement.
There are a limited number of financial assistance options available. Students must submit their complete application package by January 15th to be considered for financial assistance. These include several graduate assistantships, several business school tuition scholarships and several university-wide scholarships. Click here for more information.
Many students are also able to find assistantships across the University by checking with different departments such as Housing, Financial Aid, or student recreation among others. The Graduate School also maintains a list of assistantships on their First Class site.
Admitted students may begin their studies in the fall, spring or summer semester.
The MBA program is on rolling admission; however, students are strongly advised to meet the following deadlines for early decisions and proper preparation for matriculation into the MBA program.
Fall admission: June 1
Spring admission: November 15
Summer admission: January 1
Completed applications for students applying financial aid (FAFSA) must be received by January 15 prior to the fall semester.
A maximum of 6 hours of credit in the case of a master’s candidate may be accepted in transfer. Each course must be a B- minimum. Graduate transfer courses must have been taken at a fully accredited U.S. college/university or overseas college/university.
MBA students must maintain a B- in each course to remain in good academic standing and within the program. A grade less than a B- may place a student on probationary status with expectation for the program and the student may be required to repeat the course. Students who earn a C grade in two courses may be excused from the program. The MBA program is rigorous and students should schedule their courses wisely and use good time management to enhance the learning process and achieve success.
Our students represent a diverse mix of talented people of many ages and demographics. Below are some recent statistics:
Males: 64% (Maine: 47%, International: 14%, Out-of-state: 3%)
Females: 36% (Maine: 29%, International 7%)
Full-time students: 65%
Part time students: 35%
Social Sciences: 14%
Computer Science: 5%
All others: 8%
Please note that when reading the tables in the link below, you should consider both the cost of tuition and fees to get a good idea of total cost.
Yes. As shown above, about 35% of our students are part time and most of them work in full-time demanding jobs.
Courses are typically offered in the afternoons, evenings, occasional Saturdays with online course offerings throughout the year.