Students graduating with their M.B.A. from the University of South Dakota are ready for the challenges of a dynamic business environment, according to results from a national test administered by the Educational Testing Service (ETS) of Princeton, NJ.
Fifty-two students enrolled in USD's online M.B.A. program scored in the top 3 percent (97th percentile) nationally with an average overall score of 265 points in the ETS' Major Field Test.
The Major Field Test, first administered by ETS in 2002, was developed by leading educators nationally to assess the skills of graduating M.B.A. students. In addition to factual knowledge, the test evaluates students' abilities to analyze and solve problems, understand relationships and interpret material.
In addition to scoring in the top 3 percent overall, USD students were just as impressive in tests that assessed core concepts in business disciplines scoring in the top 3 percent in Marketing, Management, and Strategic Integration; top 4 percent in tests that assessed Managerial Accounting; and top 7 percent in Finance.
The Major Field Test, explained Angeline Lavin, Ph.D., C.F.A., director of USD's M.B.A. and M.P.A. programs, provides the Beacom School of Business with an assessment of how well faculty are teaching basic skills across the specialty areas of business that prepare M.B.A. students for careers in business and commerce.
The test consists of 124 multiple-choice questions, half of which are based on short case-study scenarios, and several skill sets are measured, including buyer behavior (Marketing), human resource management (Management), investments (Finance), and financial reporting and analysis (Accounting).
USD students have taken the ETS Major Field Test for Master of Business Administration since the fall of 2007.
More than 130 colleges and universities in the United States administer this exam to their graduate business students.
"The Major Field Test is an indicator of how Beacom M.B.A. graduates compare to students who graduate from other business schools across the country," Lavin said. "We are extremely proud of all of our students who achieved such an outstanding performance this spring."
For more information about the M.B.A. program at the Beacom School of Business, visit www.usd.edu/business/master-of-business-administration/index.cfm or contact Lavin at (605) 677-5232 or e-mail Angeline.Lavin@usd.edu.