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FAQ

FAQ

How does IPFW’s program rank relative to other MBA programs in the area?

IPFW offers the only Big-Ten degree in Northeast Indiana - students earn an internationally recognized MBA from Indiana University.  In addition, our program is the only program in the area accredited by AACSB-International. Only 10% of MBA programs, worldwide, posses this highest level of accreditation.

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What university is the degree from?

Students who complete the MBA program will earn their degree from Indiana University. 

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When do classes start?

A new cohort of students starts the program in mid-August. 

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I don’t have a Bachelor’s degree in Business – should I apply for this program?

Yes!  Students take 11 classes, regardless of their educational background. 

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When should I apply for the program?

 Please submit a completed application by June 30 for consideration for the August start. 

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What is required of the application?

A completed application consists of the application (completed online at www.ipfw.edu/mba), an educational objectives statement, official transcripts from every college or university attended, two letters of recommendation, and an admissions interview. 

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Do I need to take the Graduate Management Admission Test (GMAT) for admission?

No!  Students are not required to take the GMAT for admission into the Accelerated MBA program.

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What transcripts should I submit?

Official transcripts are required from all Universities/Colleges you have attended – including those institutions where you may have only taken one class.

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How are admission decisions made?

Class sizes are small and admissions decisions are competitive. At a minimum, candidates will posses a bachelor’s degree and two years of related work experience OR an undergraduate degree in business.  In addition, the MBA Policy Committee considers a number of characteristics to be of importance including motivation and leadership and excellent communication and interpersonal skills.   

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What is the total cost of the program?

The cost for Indiana residents is $500/credit hour for a program total of $16,500.  The cost for out-of-state students is $1110/credit hour. 

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Is there financial aid and loans available?

Yes – please contact the IPFW Financial Aid office at 260-481-6820 or www.ipfw.edu/financial.

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What is the payment schedule?

Component #
Billing Date
Financial Aid Disbursement Due Date
1
07/13/2009
08/03/2009
2
07/31/2009
08/21/2009
3
10/24/2009
11/13/2009
4
01/29/2010
02/19/2010
5
05/07/2010
05/21/2010

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Are payment plans available?

If you are not able to pay all your fees by the deadline, IPFW offers payment installment plans.

  • Payment Plan 2
    • You can choose to pay one-half of your fees due by the deadline and the other half approximately four weeks later (three weeks for the summer term). This payment plan has an application fee of $15.00.
  • Payment Plan 4
    • You can choose to pay 25% of your fees due by the deadline and the other three 25% payments approximately every four weeks later (three weeks for the summer term). This payment plan has an application fee of $30.00.

If you wish to take advantage of the installment payments, you can enroll in a payment plan through my.IPFW.

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How many credits are in the program?

The Accelerated MBA program consists of 11 classes for a total of 33 credit hours. 

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How long does it take to complete the program?

11 months – classes start in August with completion in June of the following year. 

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When do classes meet?

The first course of the program, BUFW A524, will meet Monday through Friday in the evenings for two weeks.  All additional classes meet on Friday nights from 6:00 – 10:00 PM and on Saturdays from 8:00 – 6:00 PM (with a break from 12:00 – 2:00 PM).  

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Do classes meet every weekend?

Completing an AACSB-International accredited program in only 11 months is an aggressive schedule.  As such, classes meet every Friday night and Saturday.  For the 2009-2010 cohort, no classes will meet the weekend of Labor Day, Thanksgiving, Christmas, New Years, Easter, and Memorial Day. 

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How many classes do I take at a time?

During the regular quarters (called components), students take three classes.  During the first two weeks and last five weeks of the program, students take one course. 

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Is a thesis required?

No – the Accelerated MBA program consists of 11 courses – no thesis or comprehensive exam are required prior to completion. 

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Is it possible for me to take only one course per semester in this program?

Due to the accelerated nature of this program, primarily the same group of students progress through the program together.  As such, if you are interested in a less accelerated model, you may be interested in IPFW’s MBA+ program which allows for students to take courses, in the evening, Information on this program can be found at www.ipfw.edu/mba. 

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What type of class work can I expect?

Throughout their studies, students might complete individual and group work, projects, case study analysis, presentations, take-home and in-class exams.  How students are graded and assess will vary between classes.

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I’ve been out of school for awhile – will I be able to take part in this program?

Many returning adult students find they are anxious about returning to school after many years.   However, students soon find that many classmates are in the same situation and the support these classmates provide is invaluable.  Faculty also realize what the students are experiencing and work with them as much as possible. 

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What is a cohort?

The term cohort refers to the group of students who progress through the program together.  Cohort based scheduling allows for the building of lasting relationships and extensive networking among students. 

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IPFW is an Equal Opportunity/Equal Access University.