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Prospective Graduate Student Information
Congratulations on choosing to pursue a graduate degree. We hope you will find everything you are looking for inside of these pages.
Programs of Study
Learn about our specializations and requirements necessary to successfully complete your degree.
Students can learn what course studies are available per this updated and flexible MBA curriculum.
Still unsure about pursuing an MBA? Questions from GPA requirements to required credits for completion are answered here.
Need to take the GMAT? This will give you information about where to send your scores, as well as direct you to a site about the exam.
Learn about the courses you will need to take to complete your MBA at Tobin.
Learn about the various academic departments within The Tobin College of Business, and meet the Chairs.
There are plenty of opportunities within the Tobin college to explore the professional, international and business worlds.
Learn about requirements for admission, TOEFL requirements and insights from currently enrolled international students.
Students who academically qualify are given the opportunity to join one of the many honor societies offered here.
The MBA curriculum is designed to allow for innovative approaches to in-class learning and expands on the development of a real world skill-set that students can apply immediately to their emerging careers.
The MBA Structure is as follows:
8 Core Courses (24 credits)
- ACC 602: Global Financial and Managerial Reporting
- DS 602: Business Analytics
- ECO 606: Industrial Economics
- FIN 607: Financial Management
- LAW 600: Law, Ethics and the Principled Path in Business
- MGT 601: Managing for Global Success
- MKT 600: Decisions in Marketing Management
- RMI 601: Risk Management
1 Required Capstone Course (3 credits)
- MGT 700: Seminar in Business Policy
3 Concentration Field Courses (9 credits)
Maximum Courses & Credits
12 Courses, 36 Credits (69 credits for the MBA in Accounting program)
Estimated Time to Complete
3 Years for part-time; 3 semesters for full-time
- How is a decision made on my application?
- What is the average GPA of accepted students?
- Will I be at a disadvantage if I do not have an undergraduate degree in business?
- How can I contact the Graduate Admission Office?
- How long will it take for me to get a decision on my application?
- What is the tuition rate?
- How many credits will I need to complete the MBA?
- What is the difference between transfer credits and waiver credits?
- How long will it take for me to complete the MBA?
- Am I able to defer my acceptance to the program?
- My application was declined. Will I be able to get feedback?
How is a decision made on my application?
The Admission Committee uses a portfolio approach to review and evaluate an applicant to our programs. We take a comprehensive look at all materials in the application, assessing each item on its own merit as well as part of the collective application package.
We desire students who we are confident have the capability to complete our coursework, are proficient in the English language and possess professional experiences that contribute to meaningful classroom interaction.
What is the average GPA of the entering class?
The Admission Committee will not make a decision exclusively on the GPA, and will take all aspects of the application into consideration. When evaluating the GPA, the Admission Committee will also assess the program of study completed. The current average GPA of our entering class is 3.2 on a 4.0 scale.
What is the average GMAT of the entering class?
The Admissions Committee will not make a decision exclusively on the GMAT, and will take akk aspects of the application into consideration. The current average GMAT of our entering class is 550.
Will I be at a disadvantage if I do not have an undergraduate degree in business?
The Tobin College wants to admit a class that represents various backgrounds and experiences, as we believe that such diversity helps to enhance the learning experience of all of our students. We therefore encourage applications from students of all undergraduate majors.
Approximately 40% of our accepted students do not have a formal academic background in business. In order to be sufficiently prepared for their advanced level business courses, these students may be required to complete several Core courses, in order to develop a solid knowledge base in the functional areas of business to which they may not have been previously exposed.
How can I contact the Graduate Admission Office?
Queens, Manhattan and Staten Island Applicants:
St. John's University
The Peter J. Tobin College of Business
Office of Graduate Admission
The Tobin College welcomes the opportunity to meet with our prospective students in person for informational interviews or for assistance with preparing their applications. Please contact the campus to which you would like to apply in order to make an appointment. Select evening hours are available for the convenience of students who are working full-time.
Representatives from the Rome campus visit New York at various times during the year. Please send an e-mail to our Rome campus for possible dates to meet with a Rome representative.
How long will it take for me to get a decision on my application?
Once a completed applicationis received, including all official and require documents, applicants should expect a decision in four to six weeks.
What is the tuition rate?
For the 2014-2015 academic year, the tuition rate is $1,155 per credit hour. There is also a non-refundable general fee of $170 for students carrying more than 1 credit hour.
How many credits will I need to complete the MBA?
The MBA program ranges from 36-54 credit hours for completion. The Tobin College uses a waiver policy and will allow students to waive out of up to 24 credits of Core Level courses at the start of their program of study. As a result, the number of credits required will vary according to each individual. The programs in Accounting and Taxation may require additional credits for those students that do not have prior Accounting or Taxation course work.
What is the difference between transfer credits and waiver credits?
The Tobin College will review undergraduate transcripts and consider waiving a maximum of 24 credits at the core curriculum level if the student has completed specific courses with grades of B or better within the past five years in an undergraduate program. In addition, the Tobin College will consider a maximum of 6 transfer credits above the Core level if a student has completed equivalent graduate courses at another MBA program that is accredited by AACSB International.
How long will it take for me to complete the MBA?
All students are given a maximum of 5 years in which to complete the program. The majority of our full-time students complete the degree in 2 academic years, and our part-time students in 2.5 to 3.5 academic years.
Am I able to defer my acceptance to the program?
We will permit students who have been accepted to our program the opportunity to defer their enrollment for a maximum of one academic year. Additional deferments may be available for extraordinary circumstances that are beyond the student's immediate control.
Students called to active military duty will be deferred, upon documentation of their deployment, for the full period they are required to serve in a unit of the U.S. armed services.
All students interested in deferring must send a formal, written request addressed to the Admission Committee, detailing the reasons for the deferral. The Admission Committee will evaluate each request on its own merit.
My application was declined. Will I be able to get feedback?
The Tobin College spends considerable time evaluating the candidacy of our applicants. Through our portfolio approach, we are able to take a comprehensive look at the application, carefully assessing each part that was submitted. Although we receive an increasing number of applications each term, and although it is difficult for members of our Admission team to personally attend to the many requests we get, we make every effort to schedule a counseling appointment, in-person or by telephone to suggest ways in which a declined applicant's candidacy may be improved for a future term.
Admission to the Graduate Division:
All applicants must possess a baccalaureate degree from an accredited institution or the international equivalent prior to enrollment at the graduate level. Applicants to the M.S. in Accounting program must have been an undergraduate business major.
In addition to the application form and non-refundable application fee candidates should submit the following:
- Official transcripts from all undergraduate, graduate and professional schools attended
- Official Graduate Management Admission test (GMAT) scores, taken within the last five years*
- Typewritten statement of professional goals
- Current resume
- Two letters of recommendation, obtained from professional or academic references
- Official TOEFL or IELTS scores are required for applicants whose native language is not English
* Students applying to the M.S. in Management of Risk, M.S. in Enterprise Risk Management and M.S. in Investment Management programs may submit the official results from either the GMAT or the GRE. The GRE is not accepted for admission to any other graduate program within the Tobin College of Business.
Applicants to the M.S. in Taxation program who have passed the CPA exam are permitted to waive the GMAT requirement.
For further details regarding our requirements, please contact TCB Graduate Admissions.
Am I required to take the GMAT in order to apply to your program?
The Graduate Management Admission Test (GMAT) is required of all applicants to our graduate degree programs except for the MS in Taxation where the GMAT will be waived for applicants who hold a CPA license or who have passed all parts of the uniform CPA exam. Students applying to the MS in Management of Risk program, MS in Enterprise Risk Management or MS in Investment Management may submit official results from either the GMAT or GRE General Exam. The GRE code for The Tobin College of Business is: 2851. The GRE is not accepted for admission to any other graduate program within The Tobin College of Business.
For more information on the GMAT exam, please visit http://www.mba.com/.
Your GMAT results are valid for a maximum of five years from the original test date. You must retake the GMAT if your existing score is older than five years.
There are no minimum cut-off scores for the GMAT. Our average score is currently 550. Should you take the GMAT more than once, the Admission Committee will use the highest score obtained for admission review.
Can I substitute the GRE for the GMAT?
The Tobin College of Business will allow applicants to the MS in Management of Risk, the MS in Enterprise Risk Management and the M.S. in Investment Management to substitute the GRE General Exam for the GMAT. Applicants to all other degrees and programs must submit results from the GMAT.
The GRE School Code is 2851.
GRE scores are valid for five years from the testing date.
Do I need to take the TOEFL or IELTS?
Official test of English as a Foreign Language (TOEFL) or the International English Language Testing Service (IELTS) is required of all applicants that do not hold a degree from a regionally accredited academic institution where the language of instruction is English.
Although the Tobin College of Business does not have cut off scores for the TOEFL, admitted students who score lower than 250 on the computer-based exam, 100 on the internet-based exam, or 600 on the paper-based exam will be required to sit for a St. John's University sponsored English Language Proficiency (ELP) Test. Admitted students who score below 7.0 on the IELTS will also need to sit for the ELP test. The ELP test takes place prior to the start of each term. Depending on the results of the ELP test, some students may need to take English courses to improve on their general language and business communication skills. These courses may be taken with your graduate business courses; however, the courses do not count towards your graduate degree requirements.
Your TOEFL and IELTS scores are valid for only 2 years, and a new score will have to be submitted if your existing score exceeds the 2-year limit.
The TOEFL School Code is:
2799 – Manhattan Campus and Queens Campus
2845 - Staten Island Campus
0132 – Rome Campus
Request to have your IELTS scores sent to:
St. John’s University
The Peter J. Tobin College of BusinessGraduate Division
8000 Utopia Parkway
Bent Hall 111C
Queens, NY 11439
Are interviews required?
Evaluative interviews are extended by invitation only at the discretion of the Admission Committee. If an interview is deemed necessary applicants will be contacted by the Graduate Admission Office to schedule a convenient time to meet.
Students are welcome to make an appointment for an informational interview with a member of the admission staff in order to learn more about our programs and/or address any questions they may have.
What is the application fee?
The application fee for all graduate programs at the Tobin College of Business is $50.
I do not have any full-time work experience. Am I eligible to apply to the program?
On average, our accepted full-time students hold 2 years of full-time work experience and our accepted part-time students hold 4 years of full-time work experience.
Although work experience is not a requirement for those wanting to apply to our program, it does help to enhance the application. We expect applicants that do not have full-time work experience to at least have some part-time work or summer internship experience. Significant volunteer work is also considered favorably.
I am still an undergraduate student in my last year of study. Am I eligible to apply?
If you are an undergraduate student in your last year of study, you may apply to a TCB graduate program. You must provide a transcript of all coursework to date, and all applications are considered on a case-by-case basis. If you are accepted, you must receive your undergraduate degree prior to enrolling at the Tobin College of Business. Your offer of acceptance will be contingent upon receipt of your final transcript indicating that you have completed all of your undergraduate degree requirements and that your degree has been formally conferred by your undergraduate institution.
I already have an MBA. Will I be able to pursue a second MBA at The Tobin College?
The Tobin College will accept applications only from those individuals who hold an MBA that was obtained from an institution outside of the United States.
Applicants who already hold an MBA from an international institution must clearly justify to the Admission Committee the reason why they need to pursue additional study in business.
I have a 3-year bachelors degree. Am I eligible to apply?
There are several universities outside the United States that offer a bachelor's degree upon the completion of 3 years of study. The Tobin College, accepts applications only from those applicants that hold the equivalent of a U.S. 4-year degree from a regionally accredited college or university.
Should you submit an application and the Admission Committee determines that your degree is not eligible, you will be advised accordingly, and suggestions will be made for the steps that you can take to meet our requirement.
What information should I include on my resume?
Please provide a detailed business resume in reverse chronological order. At minimum, be sure to include titles, dates of employment and whether the position was held on a full-time or part-time basis. Also include a summary of your educational history and any activities, community service, awards and noteworthy achievements.
What are your application deadlines?
The Tobin College uses a rolling admission policy. Applications are acted upon once they are complete. While the College makes every attempt to advise candidates of missing application items, the application process is self-managed, and it is the applicant's responsibility to ensure that all materials reach the Graduate Admission Office in time for a decision to be made for the upcoming term.
Our recommended deadlines are:
For Admission and Graduate Assistantship/scholarship consideration to the summer or fall term - May 1
For Admission and Graduate Assistantship/scholarship consideration to the spring term - November 1
Applicants to the MS in Enterprise Risk Management have a FINAL deadline of June 1
Applicants to the MS in Management of Risk Program and the MS in Enterprise Risk Management are eligible for fall admission only.
Students applying from countries outside of the United States are advised to apply well in advance of these deadlines, owing to the longer timelines required to process credentials and make visa arrangements.
Applicants to the MS in Investment Management are eligible for fall admission only for full-time students. Part-time students may apply for fall or spring entry.
As part of the admission requirements, all applicants for matriculated status in the M.B.A. program are required to take the Graduate Management Admission Test (GMAT) for graduate study in business prior to acceptance, and obtain a satisfactory score. The score on this test must be reported to The Peter J. Tobin College of Business, Graduate Division.
Information regarding the GMAT may be obtained from http://www.mba.com/.
LAW 501 Law, Ethics and Society
The prime objective of this course is to give students a practical and clear understanding of the basic legal and ethical issues that affect business today so that the student can identify important issues and be successful and ethical when making business decisions, handling business transactions, preventing liability and resolving problems and conflicts.
MGT 502 Organizational Behavior and Business Ethics
This course provides a study of the latest theoretical and empirical factors influencing human attitudinal, behavioral and ethical responses in and around organizations. Topics include individual and organizational ethics, corporate social responsibility, intra-cultural diversities, intercultural/globalization issues, leadership, group dynamics, individual motivation, organizational structure, organizational culture, human resource development and decision-making.
ACC 503 Financial Accounting
The course provides in-depth coverage of contemporary tools and techniques available for analyzing the financial statements and other data in order to derive measurements and relationships that are useful in decision-making. Financial analysis, as a screening tool in the selection of investments or merger candidates, as a method of forecasting future financial and operating results, and as a means of diagnosing managerial, operating, or other problem areas is discussed in detail.
DS 504 Business Statistics
This course provides MBA students with the minimally-needed statistical tools and concepts for business applications. Emphasis is placed in applying data analysis using statistical and spreadsheet software packages and understanding data interpretation for business decision-making. Ethical issues of employing business statistics are discussed through- out the course.
CIS 505 Business Information Technology
This course covers an introductory treatment of state-of-the-art computer technology and an in-depth coverage of business applications. Students will finish this course with a complete understanding of the fundamentals of computers, how computers work, how to use computers, latest computer trends, and how to access and provide information on the web. Concepts will be applied through use of modern software including database management with relational databases, web access and publishing, and integration of such functions with use of personal productivity software for spreadsheets, presentations, and electronic communication. The course aims to give students an in-depth and hands-on understanding of how and why computers and other information technology are essential components in the global business world, and to equip students with the tools to be personally effective in this environment.
ECO 506 Economics for Management
This course introduces MBA students with no prior background in economics to a basic understanding of the structure and functioning of a mixed market economy. It will provide an introduction to methods of evaluating economic problems and policies at both microeconomic and macroeconomic levels in the context of managerial decision-making. Topics include consumer behavior, supply and demand analysis, market price determination, behavior of firms in different market structures, the establishment, measurement, and implications of macroeconomic goals, and government economic policies.
FIN 507 Managerial Finance
This course is designed to introduce the student to corporate financial tools and concepts that are integral to making financial decisions in the business world. The course will combine theory with practice in its focus on investments and financing options in the framework of efficient capital markets. The material in this course serves as a primer for graduate studies.
MKT 508 Marketing Management
This course focuses on formulating and implementing marketing management strategies and policies. The course provides a systematic framework for understanding marketing management and strategy in an ever-changing business environment. Course topics include marketing planning, scanning the environment, growth strategies, understanding and predicting behavior of consumers and competitors, the internet as a strategic resource, global marketing and so forth.
MGT 509 Operations Management
World class performance in operations, i.e., product design, manufacturing, engineering and distribution, is essential for competitive success and long-term survival in the global environment. This course focuses on fundamental decisions and trade-offs associated with a firm’s operations function. Topics include total quality management, product design and development, location and layout strategies, supply chain management and distribution logistics, and just-in-time strategies.
MGT 700 Business Policy
Students study enterprise-wide strategic management, which includes the development of business strategies, as well as how these strategies are translated into company policies and actions. Special emphasis is placed on developing winning strategies in rapidly-changing, highly competitive, multinational markets and on emerging business models, such as e-commerce. Assignments include written reports on case studies, oral class presentations, and a major applied research project in the course.
Executive-in-Residence Program (EIRP) - The Executive-in-Residence Program (EIRP) is a unique feature in that it provides to both the undergraduate and graduate students in-school opportunities to engage in real-world business consulting with actual business and non-profit organizations.
Student Managed Investment Fund - This course is designed to give students a hands-on experience at performing investment research, investing money and managing a portfolio prior to entering the work force.
Service Learning - This program allows students to experience firsthand the rewards that come from making a positive contribution to the lives of other people. Students learn for themselves that giving to others will help lead to success.
International Programs -The Peter J. Tobin College of Business at St. John’s University offers of exciting international study abroad opportunities for graduate students.
English Requirements For F – 1 and J – 1 Visa Students:
Foreign students entering the Tobin College of Business with an F – 1 or J – 1 Visa must take the English Language Placement Test. If they are found to be deficient in the above, they must successfully complete the ESL (written and speech) program prior to beginning the second year of their graduate program. The exam is administered by the English as a Second Language Program.
Curriculum Practical Training for F-1 International Studentes (CPT):
Students enrolling in ACC605 or MKT699 have the opportunity to do a for-credit internship external to the university in the areas of accounting/finance or marketing. CPT is only available prior to the completion of your degree program and you must have an internship offer at the time of application. For further information, international students should contact the International Student Services Office, at ext. 5076.
Optional Practical Training for F-1 International Students (OPT):
Upon completion of final classes in satisfaction of degree requirements International Students may apply for OPT which allows students to stay and work in the United States for a period of one year. Students must apply for OPT within 60 days of completion of final classes. Further information is available from the International Students Services Office, ext. 5076.
Alpha Delta Sigma
Alpha Delta Sigma is the national advertising honor society sponsored by the American Advertising Federation. Membership is based on the recommendation of the Advertising Club Moderator.
Alpha Mu Alpha
Alpha Mu Alpha is a national marketing honor society sponsored by the American Marketing Association to recognize and reward scholarship among students of marketing. Membership is only available to individuals who attend a school having an established AMA Collegiate chapter. To be eligible for membership, students majoring in marketing must have a grade point average (GPA) ranking in the top 10 percent of their class.
Beta Alpha Psi
Beta Alpha Psi is the national scholastic honor society in accounting. Its objective is to encourage and recognize scholastic excellence in that field. Membership is open to students who have attained junior standing and who have distinguished themselves as outstanding students in all subject areas, including accounting.
Beta Gamma Sigma
Iota Chapter of Beta Gamma Sigma, the national scholastic honor society for colleges of business administration, was established at St. John's University in 1968 following the accreditation of the College by the American Assembly of Collegiate Schools of Business. Candidates for membership may be elected from seniors who rank in the upper 10 percent of their class at graduation, or from juniors who rank among the highest four percent of their class. Transfer students who meet the qualifications above may be elected to membership after completing a minimum of one full year of study in the Tobin College of Business. Invitations for membership are extended during the spring semester.
Gamma Iota Sigma
Gamma Iota Sigma is an honorary fraternity with selective membership criteria. Members must have a 3.0 cumulative grade point average. In addition to the recognition associated with membership in an honorary organization, members have opportunities for extensive contact and interaction with industry representatives, through the meetings and special conferences sponsored by the fraternity, and through the services offered through the Gamma Iota Sigma Grand Chapter. The objectives of the Fraternity include: to promote friendly interaction between students, faculty and Insurance executives; to foster the scientific study in the field of Insurance; to develop sound thinking in Insurance theories, and a more exact knowledge and definition of Insurance principles; and to develop a better public understanding and appreciation of Insurance problems.
Omicron Delta Epsilon
Theta Chapter of Omicron Delta Epsilon, the national honor society in economics, was established at St. John's University in 1958. New members are formally inducted in the fall semester of each academic year. Seniors who have completed at least 12 credits in Economics and Finance courses are eligible if they have a 3.0 cumulative index and a 3.5 index for all Economics and Finance courses.
Sigma Iota Epsilon
Sigma Iota Epsilon is the national scholastic honor society in management. Its general purpose is two-fold: to encourage and recognize scholarly excellence, and to promote cooperation between the academic and practical aspects of management. Membership is open to students majoring in Management who have attained junior status and have demonstrated outstanding scholastic achievement.