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CONTACT: GEORGE McCRORY
100 Old Public Library
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
e-mail: george-mccrory@uiowa.edu

Release: Immediate

UI MBA program now enrolling business professionals at off-campus site in Muscatine

IOWA CITY, Iowa -- The University of Iowa College of Business Administration is now enrolling eastern Iowa business professionals in its new master of business administration (MBA) program in Muscatine.

With the Muscatine Manager's MBA Program, the UI is starting a new off-campus MBA program at a classroom located at HON Industries. Starting in January 1999 the 28-month program is 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 managers and key personnel who are currently working in the Muscatine area. The curriculum is organized so students advance together as a group. This facilitates the effective use of study groups as an integral part of the program and creates a more stimulating learning environment.

HON and Bandag Inc. employees are expected to constitute most of the program participants, but space is still available in this limited-size program.

To enroll, individuals should have a baccalaureate degree from an accredited institution, significant professional experience, and be recommended by a sponsoring company. They also must submit records including previous academic performance and scores on the Graduate Management Admission Test (GMAT). Qualified applicants will be interviewed as part of the final selection process.

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, and benefit area businesses, who will have better trained employees. College of Business Administration faculty will also be able to apply their knowledge in a "real-world" setting.

"We think this is an exciting opportunity for everybody involved," Spitzer said. "Providing a high-quality, cost-effective education to as many people in the state as we can is an important goal of the UI College of Business Administration. 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."

Students in the program will take a 28-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.

Courses will be taught by full-time faculty of the UI College of Business Administration, who will travel to Muscatine to lead classes. During the first week of each academic year, students will meet for a week of classes in Iowa City. Cost of the program is about $3,400 per semester.

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.

In addition to its full-time, on-campus MBA, the college currently operates an Evening MBA program offered at off-campus sites in Newton, the Quad Cities and Cedar Rapids. The college also offers an Executive MBA course designed for management-level professionals to earn a graduate degree in two years by attending classes on campus on alternating Fridays and Saturdays during the school year.

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.

10/27/98