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CONTACT: MARY GERAGHTY
100 Old Public Library
Iowa City IA 52242
(319) 384-0011; fax (319) 384-0024
e-mail: mary-geraghty@uiowa.edu

Release: Immediate

UI College of Business begins new MBA program in Muscatine

IOWA CITY, Iowa -- Business professionals in eastern Iowa interested in pursuing a master of business administration (MBA) degree will have a new option in January 1999 when the University of Iowa College of Business Administration opens a program in Muscatine, its fourth off-campus initiative.

The Manager's MBA Program in Muscatine, known as the "M3BA," will offer a full 32-month program designed for working business people who, with the support of their companies, want to earn an advanced degree while continuing their employment. The new program is designed for people with executive or management experience, especially executives and managers currently working in Muscatine. The curriculum is designed so that students will advance together as a class rather than taking classes independently.

Class enrollment is limited to fewer than 35 students. John Spitzer, clinical professor of finance and director of the Muscatine program, says the new program will benefit business professionals, who will earn a high quality MBA education, area businesses, who will have better trained employees, and the College of Business Administration, which will be able to sharpen its programming in a "real-world" setting.

"We think this is an exciting opportunity for everybody involved," Spitzer says. "Providing a high-quality, cost-effective education to as many people in the state as we can is a traditional goal of the College of Business Administration. For several years business leaders in Muscatine have asked if we can provide a program in their area, and we are thrilled that we finally have the kind of program in place that will serve them well."

The program combines elements of two other off-campus MBA programs offered by the College of Business Administration. Students in the program will take a 32-month sequence of courses, meeting one day every two weeks, as a class. The curriculum includes a core set of courses covering finance, accounting, management, marketing and production as well as a series of electives. Students will meet in assigned study groups during the week and use e-mail, the World Wide Web, and other computer technology to keep in contact with each other and with faculty.

All courses will be taught by full-time faculty of the UI College of Business Administration, who will travel to Muscatine to lead classes, except during the first week of each academic year, when students will meet as a group for a week of classes in Iowa City. The MBA program is coordinated through the UI School of Management, which is ranked among the top 50 programs in the country, according to Business Week magazine.

The college currently operates an Evening MBA program at three off-campus sites in Newton, the Quad Cities and Cedar Rapids. The evening program is the largest off-site program offered by the UI, with 930 course enrollments in the fall of 1997, a 94 percent increase from 1994. The college also operates an Executive MBA course designed for working management-level employees to earn a graduate degree in two years. Students in the executive program come to campus on alternating Fridays and Saturdays during the school year for a day-long series of classes.

To be eligible for the new program, individuals must have a baccalaureate degree from an accredited institution, significant professional experience, and be recommended by a sponsoring company. They also must meet the entrance requirements -- for example, past academic performance and scores on the Graduate Management Admission Test (GMAT) -- of the School of Management.

For more information, contact the UI School of Management, C140 Pappajohn Business Administration Building, the University of Iowa, Iowa City, Iowa 52242; phone: (319) 335-1039; email: IOWAMBA@uiowa.edu; or visit the website at http://www.biz.uiowa.edu/mba/

5/12/98