Iowa State University
College of Business
Overview
Iowa State University, located in Ames, Iowa, is one of the nation's oldest and most respected land-grant universities. Iowa State was designated the nation's first land-grant college when Iowa became the first state to accept terms of the federal Morrill Act in 1862. The university opened in 1868, pioneering the establishment of agricultural curricula. Iowa State was the first institution to found a veterinary school and helped move engineering from a small and narrow profession to its present key position in our industrialized society.
Iowa State University is where George Washington Carver, who discovered hundreds of uses for the peanut and other crops, learned about science and agriculture. Where Carrie Chapman Catt, who would lead American women to the ballot box, organized a female military drill unit. Where John Vincent Atanasoff, a physics and math professor, invented the fist electronic digital computer.
Iowa State University has grown from its agricultural roots into a broad-based university of international stature. With an enrollment over 26,000, Iowa State offers students a multitude of undergraduate and graduate degree programs in agriculture, business, design, education, engineering, family and consumer sciences liberal arts and sciences, and veterinary medicine.
The Community
Iowa State University is located on a lush, sprawling, 2,000-acre campus in the small, Midwestern community of Ames, Iowa. The quiet, safe surroundings of the campus and community create an ideal academic environment for advanced study and research. Iowa State University has among the nation's finest library and computer facilities and has been recognized as one of the "most wired' campuses supporting communications technology. If you are interested in the theater and the arts, big-name entertainers, symphonies, ballet or rock concerts, Iowa State University draws performers, activities, and events that rival cultural centers anywhere in the country. Many of the events take place at the Iowa State Center, a four-building complex that has earned a reputation for fine performance facilities and star attractions.
Positioned almost in the geographical center of the nation, Ames, Iowa is located just 35 minutes north of Des Moines, the state capital. The Ames area boasts an expansive 740 acres of woods, streams, and open meadows, 25 miles of paved bike paths, and over 20 parks. Cities surrounding Ames including Minneapolis/St. Paul, Chicago, and Kansas City are all easy driving distances away.
Programs of Study and Degree Requirements
Accredited by AACSB-the International Association for Management Education, the College of Business at Iowa State University offers graduate degree programs leading to the Master of Business Administration (MBA) and the Master of Science in Business (MS-Business). The 48 credit hour MBA degree is offered on a full-time basis as well as part-time to employed professionals through a Saturday MBA program in Ames and an Evening MBA program in Des Moines. The first year of the MBA, featuring an integrated series of core classes covering a broad range of topics and functional areas, is designed to provide students with a strong base of knowledge for advanced business studies. Teamwork is an integral part of the first year MBA experience. The second year is entirely elective course work. You may choose to pursue a general management course of study or select a concentration area. Areas of specialization offered in the MBA include accounting, agribusiness, finance, human resources, information systems, manufacturing and quality, and marketing.
Students with an undergraduate degree in business may opt for the Master of Science in Business degree program. The 31 credit hour MS-Business degree gives students the opportunity for advanced study and to conduct research in a functional area of business such as finance, information systems, or marketing. The MS-Business includes a thesis requirement.
Facilities and Resources
The ISU Computation Center houses 24-hour computer labs and offers workshops and related support services to students. Two recently remodeled computer labs in the College of Business provide MBA and MS-Business students the latest in computer hardware and software technology. A distance learning classroom offers instantaneous audiovisual capability to remote sites throughout the state of Iowa. The University Library provides an extensive array of print, non-print, and electronic information resources to support the university's undergraduate and graduate academic programs. SCHOLAR, the library's on-line information system, provides access to the local library catalog, many indexing and abstracting databases, and other selected library catalogs. Additional electronic databases and research tools are available through the library's web interface and individual workstations. Iowa State University MBA and MS-Business students may pursue educational and research opportunities through the college's close ties with various academic centers. These include the Papppajohn Center for Entrepreneurship, the Murray G. Bacon Center for Ethics in Business, the Center for Transportation Research and Education, the Iowa Small Business Development Center, and the Iowa State University Business Research Laboratory.
Cost of Study
Resident tuition and fees for the academic year are $7,445. Nonresident tuition and fees are $18,457.
Housing
Iowa State University has one residence hall designated for graduate students. Single- and double-occupancy room rates range from $256 to $332 per month. University apartments serve both singles and families with rates varying from $377 to $426 per month. Privately owned apartments and houses, priced at varying rental rates, are plentiful in the Ames community.
Financial Aid
Research assistantships are available to highly qualified first-year MBA and MS-Business students. Students on assistantship are accessed resident tuition, receive a tuition scholarship credit, and earn a monthly stipend. A limited number of scholarships are also offered to exceptional domestic MBA candidates. Outstanding student may qualify for the Premium for Academic Excellence Award (PACE) from the Iowa State University Graduate College.
Attractive financial support packages are readily available to qualified minority graduate students through the Graduate Minority Assistance Program (GMAP). The Office of Student Financial Aid has information about other forms of financial assistance including low-interest loans and part-time employment opportunities.
How to Apply
The College of Business seeks a diverse student body who will benefit from and contribute to the learning environment in our MBA and MS-Business programs. We carefully assess each candidate's intellectual potential, academic achievements, communications skills, work experiences, goals, and motivation. Work experience is considered to be of great value and is strongly preferred for candidacy. Application materials include the Graduate College Application and application fee, official transcripts, GMAT scores, TOEFL (if required), letters of recommendation, personal essays, and a resume. The minimum computer-based TOEFL score is 230 (570 paper-based).
Who to Contact
Director of Graduate Admissions
College of Business
218 Carver Hall
Iowa State University Ames, Iowa 50011-2063
(515) 294-8118
E-mail: busgrad@iastate.edu
The Faculty
Faculty and Research Interests
Accounting
Marvin Bouillon, Associate Professor; Ph.D., Kansas. Management accounting and decision models.
Anne Clem, Assistant Professor; Ph.D., Texas. Capital markets, financial accounting.
Benjamin Doran, Associate Professor; Ph.D., Iowa. Financial accounting, market based research.
William Dilla, Associate Professor; Ph.D., Texas. Judgment and decision-making in auditing, information representation effects in decision-making under uncertainty, group decision and negotiation issues in accounting and information systems.
Labh Hira, Professor; Ph.D., Missouri. Taxation of retirement and insurance products. Cynthia Jeffrey, Associate Professor; Ph.D., Minnesota. Judgement and decision-making, cultural differences and decisions, ethical reasoning, judgment biases, fraudulent financial reporting, intangible assets (goodwill, research and development, etc.).
James Kurtenbach, Associate Professor; Ph.D., Missouri. Financial reporting and information systems.
Gary Maydew, Associate Professor; Ph.D., Illinois. Federal taxation
Sue Ravenscroft, Associate Professor; Ph.D., Michigan State. Incentives, transfer pricing, decision-making, gender issues in academia.
Anne Sergeant, Assistant Professor; Ph.D., Arizona. Going concern audit reports and research methods.
David Smith, Professor; Ph.D., Illinois. Financial accounting, auditing.
Robert Swanson, Associate Professor; Ph.D., Iowa. Tax planning, tax policy, estate and gift taxation, business valuation.
Finance
Cynthia Campbell, Associate Professor; Ph.D., Michigan. Small business financing, security issues, executive compensation.
Richard Carter, Professor; Ph.D., Utah. Investment banking, capital acquisition, corporate governance.
Arnold Cowan, Associate Professor; Ph.D., Iowa. Corporate finance, investments. Frederick Dark, Associate Professor; Ph.D., Utah. Investment banking, financial markets, franchising.
Dermot Hayes, Professor; Ph.D., UC Berkeley. Options, insurance, reinsurance.
Jann Howell, Assistant Professor; Ph.D., Georgia State. Financial institutions, corporate finance.
Gary Koppenhaver, Associate Professor; Ph.D., Iowa. Mutual fund investments, operation and risk management uses of financial futures, options and swaps, commercial banking. Michael Piwowar, Assistant Professor; Ph.D., Pennsylvania State. Financial markets, corporate finance.
Mark Power, Associate Professor; Ph.D., Iowa. Risk and insurance, insurance products, employee benefits.
August Ralston, Professor; Ph.D., Pennsylvania. Risk management, political risk, regulation.
Roger Stover, Professor; D.B.A.,Virginia. Corporate finance, corporate banking.
Management
Gary Aitchison, Associate Professor; Ph.D., Iowa State. Entrepreneurship, small business. Virginia Blackburn, Associate Professor; D.B.A., Kentucky. Personal strategic planning, international marketing, competitive strategy, corporate governance.
Thomas Chacko, Professor; Ph.D., Iowa. Human resource management, compensation, staffing, union activities impact on firm performance.
Samuel DeMarie, Assistant Professor; Ph.D., Arizona State. Strategic management and leadership, effects of new technology on competition, virtual teamwork, virtual organizations.
Pol Hermann, Assistant Professor, Ph.D., Kansas. International strategy, strategic change, global outsourcing, corporate governance.
J. David Hunger, Professor; Ph.D., Ohio State. Entrepreneurship, strategic management, corporate governance.
W. Roy Johnson, Associate Professor; Ph.D., Bowling Green. Research methods, psychology of work, organizational change.
James McElroy, Professor; Ph.D., Oklahoma State. Employee attitudes, leadership, turnover and absenteeism.
Paula Morrow, Professor; Ph.D., Iowa State. Work commitment, employee attitudes and behaviors (e.g., turnover, absenteeism), railroad employee attitudes and truck driver fatigue issues.
C. Bradley Shrader, Professor; Ph.D., Indiana. Business ethics, competitive strategy, strategy formation, strategy implementation, teaching with cases.
Howard Van Auken, Associate Professor; Ph.D., Oklahoma. Financing new ventures, business start-up.
James Werbel, Associate Professor; Ph.D., Northwestern. Employee selection and job entry, work and family.
Max Wortman, Distinguished Professor; Ph.D., Minnesota. Rural entrepreneurship, infrastructure in China, agribusiness.
Management Information Systems
Anthony Hendrickson, Associate Professor; Ph.D., Arkansas. Virtual organizations, information system usage, information systems psychometrics, object-oriented technology.
Brian Mennecke, Associate Professor; Ph.D. Indiana. Geographic information systems, computer-supported learning, group decision support systems, electronic commerce, data warehousing.
Sree Nilakanta, Associate Professor; Ph.D., Houston. Knowledge management, data warehousing, decision support.
Daniel Norris, Associate Professor; Ph.D., Missouri. Financial statement fraud, Internet security, computer auditing and control.
G. Premkumar, Associate Professor; Ph.D., Pittsburgh. Information systems planning and telecommunications.
Troy Strader, Assistant Professor; Ph.D., Illinois. Electronic commerce.
Dan Zhu, Assistant Professor; Ph.D., Carnegie Mellon. Intelligent decision support, systems, data mining and knowledge discover, electronic commerce, cognition and learning.
Marketing
Sanjeev Agarwal, Associate Professor; Ph.D., Ohio State. International business and marketing.
Michael Barone, Assistant Professor; Ph.D., South Carolina. Consumer psychology and behavior.
Thomas DeCarlo, Associate Professor; Ph.D., Georgia. Sales and sales management, word-of-mouth communication and its impact on brand management, enhancement of services quality marketing.
DeAnna Kempf, Assistant Professor; Ph.D. Indiana. Product trial and advertising, gender issues in information processing, word-of-mouth product information, consumer integration of product information from multiple sources.
Russell Laczniak, Associate Professor; Ph.D., Nebraska. Marketing and consumer communication.
Kay Palan, Assistant Professor; Ph.D., Texas Tech. Consumer behavior (family decision making, parent-adolescent interaction, family communication/socialization, gender and gender identity in consumer behavior).
Sridhar Ramaswami, Associate Professor; Ph.D., Texas Market research, strategic marketing, promotion strategy, product pricing.
R. Kenneth Teas, Distinguished Professor; Ph.D., Oklahoma. Marketing research methodology, sales force management, consumer behavior.
John Wong, Associate Professor; Ph.D., Alabama. International marketing.
Production and Operations
Danny Johnson, Assistant Professor; Ph.D., Wisconsin. Time based competition, quick response manufacturing, manufacturing system design and performance.
John Wacker, Professor; Ph.D., Wayne State. Manufacturing planning and control systems, manufacturing strategy, enterprise resource planning.
Transportation and Logistics
Benjamin Allen, Professor and Dean; Ph.D., Illinois. Transportation management, public investments, logistics management.
Michael Crum, Professor; D.B.A., Indiana. Interfirm logistics relationships (particularly shipper-motor carrier partnerships), driver fatigue and motor carrier safety, EDI in the trucking industry.
Thomas Goldsby, Assistant Professor; Ph.D., Michigan State. Supply chain management, logistics operations and strategy, environmental (green) logistics.
Richard Poist, Jr., Professor; Ph.D., Pennsylvania State. Logistics systems design, transportation purchase decisions, business-society isses related to transportation and logistics.
Yoshinori Suzuki, Assistant Professor; Ph.D., Pennsylvania State. Mathematical modeling of transportation and logistics problems, airline demand forecasting, travel behavior.
Clyde Walter, Associate Professor; Ph.D., Ohio State. Inventory management, druck driver issues.