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University of Detroit Mercy adjusts tuition for nationally-ranked MBA program

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March 04, 2019
University’s MBA degree is now more affordable than ever     
 
DETROIT—University of Detroit Mercy announces a significant adjustment in the tuition structure for the institution’s Master of Business Administration (MBA) degree.
 
Tuition for this nationally-ranked MBA program has recently been reduced by 50 percent to $789 a credit hour. As a result of this new tuition adjustment, Detroit Mercy hopes to attract a greater number of professionals and recent college graduates who wish to pursue a nationally-ranked MBA degree rooted in the University’s Jesuit and Mercy values.   
 
According to Joseph Eisenhauer, dean of the College of Business Administration (CBA), this new tuition will make a world-class MBA more readily attainable for those in metro Detroit.
 
“We recognize the new economic realities: employers have reduced their tuition assistance in recent years, putting an MBA out of reach for many qualified candidates who may already be paying back student loans from their undergraduate studies.  We’re doing something about that, with a bold, historic move to make graduate business education affordable again,” he said.   A limited number of graduate assistantships are also available on a competitive basis.
 
Detroit Mercy's MBA program offers a personal academic approach to help students prepare for a rapidly evolving business world. Small class sizes ensure individual attention from the CBA’s highly experienced faculty, many of whom serve as consultants in the private and public sectors. Additionally, students can tailor their degree program to meet specific needs and interests: MBA students can use elective courses to specialize in several fields, including Management, Accounting, Finance, Decision Sciences, Marketing, Health Care and International Business, among others. Other unique features of Detroit Mercy’s MBA include a strong emphasis on business ethics and service-learning. Classes are available at the McNichols Campus (4001 W. McNichols Road) and the Riverfront Campus (651 East Jefferson Ave.).    
 
Detroit Mercy’s College of Business Administration offers undergraduate and graduate Management programs that are consistently ranked among the nation’s top 25 by “U.S. News & World Report’s ‘Best Colleges Edition.’” The CBA is also accredited by the Association to Advance Collegiate Schools of Business (AACSB), placing it among the top 5 percent of business schools in the world. In recent years, CBA students have also outperformed those from Harvard, the University of Chicago and the Wharton School at the University of Pennsylvania in pass rates on the Certified Public Accounting (CPA) exam. And after outperforming all other universities worldwide in the ETF Global Portfolio Challenge over the last two years, CBA students now learn investing by managing the Majestic Fund, a portfolio of real financial assets.
 
The College is also home to several centers of excellence, including the Center for Social Entrepreneurship, the Financial Markets Lab and America’s Business High School. In early 2019, the CBA will launch a new center of excellence called the Center for Practice & Research in Management & Ethics (PRIME). PRIME will comprise a national speaker series, experiential learning opportunities, including internships and a student-run research journal, and professional research by endowed faculty chairs, including the Charles T. Fisher III Chair of Business Ethics and the new Arnold Jarboe Chair of Business Administration.
 
To learn more, please visit http://business.udmercy.edu/index.php or contact Associate Professor & Director of Graduate Business Programs Omid Sabbaghi at sabbagom@udmercy.edu.
 
About University of Detroit Mercy
University of Detroit Mercy is Michigan's largest and most comprehensive Catholic university, sponsored by the Religious Sisters of Mercy and the Society of Jesus (the Jesuits). Today's University boasts the heritage of two founding institutions: the University of Detroit, founded in 1877 by the Jesuits, and Mercy College of Detroit, founded by the Sisters of Mercy in 1941.  The two consolidated as University of Detroit Mercy in 1990. Detroit Mercy offers more than 100 undergraduate, graduate and professional academic degrees and programs through seven schools and colleges. Detroit Mercy educates the whole person, focusing on the value of excellent academics, service to the community and a deeper spirituality to prepare graduates to live lives of purpose and conscience. For more information, please visit www.udmercy.edu.
Contact:
Gary J. Erwin, Associate Vice President
(313) 578-0339

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