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Best Value in MBA


MOORE SCHOOL TUITION OFFERS BETTER VALUE FOR IMBA STUDENTS
SC School Expects to Draw MBA Students away from Higher-priced Competitors

COLUMBIA, S.C. – Now that the recession is official, the cost of grad school will weigh heavier in an applicant’s choice of schools than in recent years, said Dean Joel Smith of the Moore School of Business. That’s actually good news for Moore, where graduate tuition for the IMBA program (International Master of Business Administration) is 40 percent less than many competitors in international business.

"Moore has the #2-ranked graduate program in international business in the U.S.*; yet, our full-time IMBA tuition is 30 to 40 percent less than most other top-ranked international schools," he said. "Our 2002-03 tuition schedule reflects the addition of a new global, non-language track, and a core specialization and international training for every MBA student. Master’s candidates – particularly those with limited finances or who dread the thought of debt – will embrace our type of value."

Full-time Moore students entering the enhanced IMBA program in 2002 will pay annual program fees of $19,000 (nonresident) and $11,000 (resident). Tuition and fees** at other top-10 international schools include $32,417 at Duke’s Fuqua, $30,353 at Wharton, and $26,425 at Thunderbird, The American Graduate School of Management.

At other Southeastern schools with international material in their curricula, tuition and fees** include $27,283 at UVA’s Darden (nonresident) and $22, 283 (resident), $27,760 at Emory’s Goizueta, and $27,820 at Vanderbilt’s Owen.

"When I was making my b-school decision, the answer was simple; the Moore School of Business offered the most bang for the bucks," said Kenny Hinson, a current master’s candidate who is serving an internship with BMW in Munich, Germany.

"The fact that Moore’s international program had been consistently ranked among
the nation’s top two international schools, coupled with vast cost difference of the competition, left no doubt in my mind where I would attend."

Hinson noted that Moore’s "forward-thinking curriculum, diverse student body, many overseas internships to choose from, and world-renowned faculty" were also contributing factors. "Taking all these factors together, Moore has a unique program that sets the standard for global business education."

Sherry Duhe, Moore School master’s candidate currently interning with Citibank Paris, agrees that the value issue is important, particularly now.

"For the next one to three years, I think the economy will be very unstable and hard to predict," said the 27-year-old Duhe. "We won’t have nearly as much choice in our starting positions and, for the time being, may have to be satisfied with this.

"In the meantime, we need to focus on continuing to broaden and develop our skills in order to be ready to jump on better opportunities when the economy strengthens."

Duhe believes she has sharpened her skills and marketability through the international program at Moore, which she says "has given me everything I expected – and more – in terms of learning new things for my future career."

"With the immediate job forecast having dimmed some," said Dean Smith, "aspiring MBA and IMBA candidates will seek out programs where the product is exceptional, but the price-tag is easier to bear. From that point-of-view, the Moore School of Business couldn’t be in a better position."

The Moore School of Business at the University of South Carolina has more than 3,400 students in its undergraduate, master’s and doctoral programs. Founded in 1919, the Moore School has achieved international recognition through innovative program development and quality research conducted by its faculty. The graduate school has been ranked #1 or #2 in international business for 12 consecutive years by U.S. News & World Report’s annual survey of "America’s Best Graduate Schools."

*U.S. News and World Report, April 9, 2001
**As published on each school’s Web site

For more information, contact Joel A. Smith III, Dean, 803-777-3178