Welcome to the MBA Program

  • If you're looking for career acceleration, development, or changeover the MBA program at MSU Texas enables you to achieve any of your career aspirations. Our MBA program is a valuable supplement for anyone with an undergraduate degree in business or a non-business discipline.

An MBA with a Mission
Is your MBA important?
Why DCOBA MBA?
What if you don't have a business degree?
About Prerequisites
MBA Majors and Concentrations
How do I Apply?
International Students


Most affordable MBA program Texas 2021

Graphic showing Dillard College is one of the most affordable MBA colleges in Texas 2021

An MBA with a Mission

At the MBA level, students begin applying real-world case studies and hands-on applications relevant to your career aspirations. The Dillard College of Business Administration (DCOBA) is committed to providing leadership as the region's center of excellence in business education and economic development services.

We are achieving this vision through our award winning MBA program and the services provided by our centers which include the Small Business Development Center, Dillard Energy Center, Bureau of Business and Government Research, Center for Nonprofit Management and Leadership, Mamie Raborn Center for Economic Education, Munir Abdul Lalani Center for Entrepreneurship and Free Enterprise.

Our MBA is a 33-hour, non-thesis, AACSB accredited program. The program is generally completed in one to two years, depending on the pace you choose. DCOBA MBA Alumni are Successful!

Your future starts here. We look forward to walking with you on your new and exciting journey! The following are some important questions you might have.

Why is your MBA important?

The National Association of Colleges and Employers Winter 2025 Salary Survey projected an average MBA starting salary of $85,842, and US News & World Report calculated an average salary for the class of 2024 as $121,324, including base salary and bonuses. Additionally, the Massachusetts Institute of Technology Sloan projects an average base salary of $169,370 for 2024–2025 MBA graduates, plus an average signing bonus of $35,900 and average additional compensation of $88,870.

During your pursuit of a DCOBA MBA, you will review and study business theories and practices and learn how to recognize and investigate today's real-world opportunities and challenges. Further, you will identify creative and viable actions to capitalize on today's world conditions. Students use case studies, take part in industry applications, and learn from business professionals. These in-course experiences will easily translate to years of experience, which can lead to organizational success and rapid career advancement. 

Is the DCOBA MBA Nationally and Internationally Accredited?

DCOBA is accredited by the Association of Advance College Schools of Business, International (AACSB, International). AACSB ensures the highest quality standard in business education to prepare the next generation of business leaders. Only one-in-three business schools in the U.S. and one-in-twenty international schools have AACSB accreditation. The accreditation has only been granted to twenty-eight colleges in Texas. The national business accreditation has several benefits to MBA students:

  1. Each student will receive a professional education in business administration that is relevant and of high quality.
  2. The programs of business education at MSU Texas are fundamentally similar to those received at other accredited institutions in the United States.
  3. When recruiting and hiring business students, companies look favorably on graduates from accredited business programs.

Is the DCOBA MBA Affordable?

The DCOBA MBA program is one of the most affordable MBAs in the nation and is estimated to be the second-lowest-cost in Texas. Estimates for total in-state tuition and fees for your MBA are on the Fee & Rate Chart. For more information on tuition and fee calculation, please see the University's Tuition and Fee Calculator. If you are an F-1 visa student, see your itemized cost estimate.

Graduate assistant positions are available to many students. MSU Texas has a number of graduate merit scholarships, graduate assistantships, and competitive waivers. All of which are awarded on a competitive basis. International students and/or out-of-state students that are granted a competitive waiver pay in-state tuition.

Newly admitted students receive a Graduate Assistantship application and a Graduate Merit scholarship application when they are accepted into the MBA program. Both international and domestic students are eligible. If you are applying to receive the Merit scholarship or be a Graduate Assistant in a Fall semester, the deadline to submit the application is April 15th at 11:59PM. If you are applying to receive the Merit scholarship or be a Graduate Assistant in a Spring semester, the deadline to submit the application is November 15th at 11:59PM. If the deadline has passed, new incoming students will not receive the application.

What financial assistance does the DCOBA MBA offer?

The Graduate School has graduate merit scholarships and graduate assistantships. Both are awarded on a competitive basis. International students and out-of-state students may be granted waivers and pay in-state tuition. We have scholarships available for military personnel as well.

How flexible it the DCOBA MBA?

You can choose whether to take classes face-to-face, online or a mixture of each. The eight-core classes are offered twice annually. This flexibility allows you to complete the MBA on YOUR schedule in the format that best suits your learning needs. It also gives you the peace of mind to know that if life presents opportunities or challenges, you can typically finish your degree online without losing any credits.

It's your choice how you want to take the classes. Many classes are offered using a hybrid or flipped classroom format, and more elective courses are coming online. Students can complete their MBA without stepping on campus. This is a great option for those who may be transferred or reassigned at some point in their graduate program. No hours will be lost!

We know that MBA students require flexibility—to that end we hold our classes in the evening and offer online and hybrid alternatives to maintain flexible scheduling to accommodate the various needs of our students.

What if I don't have a business degree?

Your non-business degree is not an obstacle! A six-hour online leveling course (BUAD 5006) covers the necessary professional business core concepts. The course is offered online every semester.

How do I apply?

If you've decided its time to apply, please submit your application. To be considered for admission to the MBA Program, students must provide the information listed below to the Dr. Billie Doris McAda Graduate School.

  1. A bachelor's degree in any field from a regionally accredited college or university.
  2. A completed application form
  3. Official transcripts of all previous college course work (including verification of an earned bachelor's degree)
  4. An official score on either the Graduate Management Admission Test (GMAT) or the Graduate Record Exam (GRE)
  5. International students (from countries where English is not the native language) must provide the documents listed above as well as an official score on the Test of English as a Foreign Language (TOEFL), IELTS, ITEP, or PTE to the Office of International Services.

Once your application is fully submitted, you will be notified of the committee's decision about admittance into the program. If admitted, an academic advisor will work with you to plan your course of study to ensure your successful completion of the program.

 All Graduate Program Faculty are Doctoral Qualified

The Graduate Faculty of the Dillard College is among the very best. All graduate program faculty are doctoral qualified from schools such as Texas Tech University, the University of North Texas, the University of Washington, the University of Houston, Pennsylvania State University, Georgia State University, Louisiana State University, the University of Oklahoma, the University of Texas at San Antonio, and Kennesaw State University. The Graduate faculty have decades of industry experience from IBM, Johnson Controls, Procter & Gamble, Exxon/Mobile, Gulf, United States Air Force, U.S. Department of Commerce Small Business Development Centers, General Motors, Ford, Fiat-Chrysler, and Saint-Gobain Vetrotex.

 DCOBA MBA is geographically advantageous

DCOBA is the only AACSB accredited program in a one-hundred-mile radius of Wichita Falls, giving the university a geographical advantage for all the surrounding rural areas. MSU Texas is located less than a two-hour ride from the Dallas-Fort Worth Metroplex and Oklahoma City. A number of state highways and a regional airport provide accessibility to the campus, which is nestled in a beautiful residential area of Wichita Falls.

What are successful Graduates saying?

Lacy Morgan

"MSU Texas offers the perfect balance between a close interactive college environment and all the excitements of a larger university. MSU Texas offers great value: the benefits that MSU Texas offers far outweigh the costs associated with it. MBA classes are generally small, and most of the same students move through the courses together. This is a great opportunity to really get to know your classmates. During my first semester in the MBA program, I was assigned to a group of 3 other students, and we've become best friends and great study-buddies from then on!" MBA Alumni 

Richard Whatcott

"The curriculum is competitive with that of any larger schools, and the facilities are exceptional. These offerings, coupled with an attractive price and committed faculty, made it a clear decision." MBA Alumni 

Capt. Will Vaughn

"Being on a three-year controlled Air Force tour at Sheppard, this assignment afforded a perfect opportunity for me to earn a master's prior to having to move again.  With a number of options available, primarily in the form of online programs, I was attracted to MSU Texas by the brick-and-mortar classroom environment that I desired, and, most notably, the strong recommendation of another Air Force officer who earned his MBA at MSU Texas.  A low student/teacher ratio means a very personal and interactive classroom environment. A very nice Dillard COBA facility.  Enough flexibility to allow for military duties (e.g., night flying, cross-country flying) but still accomplish all degree requirements." MBA Alumni 
DCOBA MBA Infrastructure is Advanced 

The Dillard College of Business Administration is located in a beautiful, 88,000-square-foot facility. The investment of $1.5 million in state-of-the-art instructional technology positions the college on the leading edge of preparing students for career success and mobility. 

The Dillard College faculty is first and foremost committed to excellence in teaching. We maintain small classrooms and seminars where faculty gets to know their students and provide them with the personal attention that assures a quality educational experience. The Dillard College MBA program has a small, private college feel in a regional university setting.

About Prerequisites

Applicants with undergraduate business degrees in most cases have already completed the required common business knowledge core. Therefore, the prerequisites will not be necessary.

Applicants with undergraduate non-business degrees are required to take a six-hour credit leveling course, BUAD 5006. This course provides a condensed version of the business foundation. Students are required to take this course in their first semester attending DCOBA MBA.

MBA Majors and Concentrations

MBA in Business Administration

The MBA with a major in business administration prepares students for professional career opportunities in today’s dynamic, challenging, and complex world of global business. The program equips its graduates with the knowledge, skills and competencies necessary to achieve their professional business goals and objectives. The program prepares students to be managers and leaders within a broad range of organizations. Students may also do the concentration on accounting, or energy management, or both. To learn more, read about MBA in Business Administration.

MBA in Business Analytics

The MBA with a major in business analytics is a science, technology, engineering, and mathematics (STEM) program. The STEM designation allows international students to have access to a 3-year OPT. Students learn from an intensive curriculum that includes a range of business and data analytics courses. Students apply the latest technology and methods to explore, analyze, visualize, and explain data to make wise decisions and solve business problems. Specific tools include Tableau, Python, R, SAS, SQL, and Excel. Students may also do the concentration on accounting, or energy management, or both. To learn more, read about MBA in Business Analytics (STEM).

Business Analytics Certificate

The certificate in business analytics teaches students how to solve business problems that require data analysis. It includes learning the application of statistical methods to the analysis of data while using relevant software such as Tableau, Python, R, SAS, SQL, and Excel. To learn more, read about the Business Analytics Certificate.

Accounting Concentration

The Accounting concentration is designed for individuals with an undergraduate degree in accounting. It prepares students for a broad range of career options and advancement opportunities and provides them with the optimal required 150-hour educational preparation for the CPA Exam. The popularity of the MBA degree indicates that new Accounting professionals will receive the highest respect from other businesses. To learn more, read about Accounting Concentration.

Energy Management Concentration 

The Energy Management (Oil & Gas) concentration is available to all MBA students regardless of their undergraduate degree/major. Students learn the worldwide dynamics of supply and demand that drive the price of energy. Students also learn how the oil and gas industry works, the critical processes of finding, drilling for and producing oil and gas, how to evaluate whether or not to drill a well, and how to raise funds needed to discover and drill. To learn more, read about  Energy Management Concentration.
GMAT/GRE Waiver

Members of Beta Gamma Sigma and/or individuals that have a prior graduate or terminal (e.g., M.D., J.D., Ph.D.) degree are exempted from the GMAT requirement.

GMAT / GRE may be waived by the MBA Coordinator with conditional admission for applicants who satisfy any of the following conditions: 

  1. Minimum overall GPA of 3.0 from U.S. post‐secondary institutions
  2. Minimum major GPA of 3.5 from U.S. post‐secondary institutions
  3. Minimum overall GPA of 3.0 from at least 9 hours of graduate-level course work from U.S. post‐secondary Institutions
  4. For incoming international students, a minimum overall GPA of 3.0 (the converted U.S. equivalent) from any non U.S.-based institution
  5. A quantitatively oriented professional certification
  6. Other standardized test scores demonstrating a comparable quantitative ability
  7. Significant professional work experiences

GMAT / GRE waived exceptions are made on a case‐by‐case basis by the MBA coordinator. 

Official GRE or GMAT (GMAT for MBA students only) scores must be sent directly to MSU Texas Admissions.

We look forward to receiving and reviewing your application. Feel free to contact us at  graduateschool@msutexas.edu or at 940-397-4625.

Admission

We offer two types of admission:

Unconditional Admission: Student is not required to satisfy any conditions.

Conditional Admission: The student is required to achieve an accumulated GPA of 3.0 for the first 12 graduate credit hours.

International Students

If you are an international student with questions, please contact the Office of International Services at 940-397-4344 or email globalscholars@msutexas.edu.

English Language Proficiency

When required official TOEFL, IELTS, ITEP or PTE scores must be sent directly to the Office of International Services. The MSU Texas score reporting number is 6408.

The minimum acceptable scores are:

TOEFL     79

IELTS       6.0

ITEP         4.0

PTE          53