School and Ranking Information
There are several public and private colleges and universities in the Little Rock area offering degrees in business administration. The following schools are considered the top three based on rankings, degree levels offered in the field, number of business degrees awarded and tuition rates:
- Winner: University of Arkansas in Little Rock is the winner due to its top-150 ranking for undergraduate business programs by U.S. News & World Report, multiple degree level options and large number of degrees awarded in business administration.
- Runner Up #1: University of Central Arkansas, located in Conway, secured the first runner up position for its tuition rates and unique residential college system.
- Runner Up #2: Philander Smith College in Little Rock received third place for its top-80 ranking for colleges in the South by U.S. News & World Report and its location.
School Comparison Chart
|Category||University of Arkansas at Little Rock||University of Central Arkansas||Philander Smith College|
|Rankings||#141 Best Undergraduate Business Program**||#309 Best Undergraduate Business Program**||#79 Regional College in the South**|
|Location||Little Rock, AR||Conway, AR (23.2 miles from Little Rock)||Little Rock, AR|
|School Type||4-year, public||4-year, public||4-year, private-not-for-profit|
|Tuition and Fees (2012-2013)||$6,854 (undergraduate, in-state)
$16,066 (undergraduate, out-of-state
$6,476 (graduate, in-state)
$13,476 (graduate, out-of-state)*
|$7,333 (undergraduate, in-state)
$12,830 (undergraduate, out-of-state)
$5,257 (graduate, in-state)
$9,322 (graduate, out-of-state)*
|$12,464 (undergraduate in-state and out-of-state)*|
|Business Administration Degree Levels Offered||Bachelor's and master's degrees; postgraduate certificates*||Associate's, bachelor's, and master's degrees*||Bachelor's degrees*|
|Business Administration Degrees Awarded (All Levels) in 2011-2012||203*||74*||23*|
|Most Popular Business Administration Program in 2011-2012||Bachelor's in Business Administration (100 awarded)*||Bachelor's in Business Administration (46 awarded)*||Bachelor's in Business Administration (23 awarded)*|
|Undergraduate Graduation Rate (in 150% of normal degree time) for 2005 Entering Class||22%*||40%*||31%*|
|Noteworthy||N/A||The University of Central Arkansas is the only 4-year public university in Arkansas that has a residential college system in place||Arkansas' only institutional member of the United Negro College Fund|
Sources: *NCES College Navigator, **US News & World Report.
Winner: University of Arkansas at Little Rock
- The Association to Advance Collegiate Schools of Business (AACSB) accredits the school's College of Business
- The NCES reported that 824 full-time beginning undergraduate students (95%) received some form of financial aid in 2011-2012
- The school reports that it offers small class sizes with a 14:1 student-faculty ratio
The Bachelor of Business Administration in Management program focuses on teaching students management strategies and how to use them in corporate settings. This includes setting goals, finding threats and opportunities, analyzing competitors, and showing proper leadership skills. Areas of emphasis that students can choose from include human resource management, general management, entrepreneurship, and small business management. Coursework may cover topics such as employee benefits, global operations, employment law, human resources management, international business management, and small business management.
Students interested in studying business administration at the graduate level may consider the school's Master of Business Administration (MBA). The self-paced program allows those with a non-business major to learn the foundations of business along with those who have a business degree. Graduates receive individual feedback about their leadership abilities and learn how to network to succeed in their career. The MBA can be pursued concurrently with a Juris Doctor, Doctor of Pharmacy, or Doctor of Medicine.
The Graduate Certificate in Management program gives a more accelerated look at the field of business management. During the 12-hour curriculum, employment law, organizational behavior, human resources management, and team development are some of the key areas covered. These courses can later be applied toward the MBA.
Runner-Up #1: University of Central Arkansas
- College of Business is AACSB-accredited
- The university was #60 Regional College in the South in 2013, according to U.S. News and World Report
- In 2013, U.S. News and World Report ranked this university #26 of all public schools in the South
Through the College of Business, students interested in business administration can complete a Bachelor of Business Administration (BBA) or Master of Business Administration program. Students pursuing a BBA can choose from majors in marketing, management, and innovation and entrepreneurship. Courses required for any of these majors include economics, accounting, business law, business statistics, and business communications. Marketing and management students have the option to choose a supply chain emphasis for their course of study.
The 30-credit hour master's degree program requires students to complete ten courses, including subjects like operations management, marketing strategy, financial decisions, organizational behavior, accounting, and decision modeling. Students whose bachelor's degree is in a subject other than business may need to complete additional prerequisite courses, such as microeconomics, finance management, and business statistics.
Runner-Up #2: Philander Smith College
- Association for Collegiate and Business Schools and Programs accredits the school's Division of Business and Economics
- Based on NCES data, Philander Smith College has a student-faculty ratio of 13:1
- The ministry of the United Methodist Church is affiliated with Philander Smith College
For those interested in attending Philander Smith College, the Bachelor of Business Administration program has concentrations in general business administration, accounting, and office systems. The program's key courses provide students with a foundation in both the liberal arts and business. At least 124 semester hours have to be completed in order to attain the bachelor's degree. Communication, accounting, business law, marketing, economics, and entrepreneurship are important areas the program covers.