Master of Business Administration

8300
Master of Business Administration
Classroom, Online, Off-site
No
Graduate
Aberdeen, Florida Tech Online, Fort Dix, Hampton Roads, Huntsville, Lakehurst, Main Campus - Melbourne, National Capital Region, Orlando, Patuxent, Picatinny, Spaceport, Spaceport - COB, Whiteman
2017-2018 Catalog
Major Code: 8300 Degree Awarded: Master of Business Administration
Delivery Mode(s): Classroom, Online, Blended Online, Off-site Age Restriction: No
Admission Status: Graduate Location(s): Main Campus - Melburne, Florida Tech Online, Aberdeen, Fort Dix, Hampton Roads, Huntsville, Lakehurst, Melbourne Graduate Center, National Capital Region, Orlando, Patuxent, Picatinny, Spaceport - COB, Whiteman
Admission Materials: GMAT, GRE recommended

The Master of Business Administration (MBA) degree is a graduate professional program that emphasizes breadth of preparation in the various competencies required of business executives. The MBA program is ideally suited not only for individuals with undergraduate degrees in business, but also for individuals with undergraduate degrees in other fields who have career goals that demand the competitive edge of quality graduate education in managerial decision-making.

Admission Requirements

The applicant to the master of business administration program must have a bachelor's degree; however, the degree need not be in business administration. Applicants who are graduates of non-business programs are also encouraged to apply. An applicant is assigned an advisor soon after acceptance into the MBA program, and should meet with the advisor to prepare a program plan outlining the courses needed for the MBA degree.

The admissions decision is based on a review of the application documentation including work experience, academic performance, references and written statement of purpose. Although taking the Graduate Management Admissions Test (GMAT) is not a requirement, it is highly recommended for admission consideration. Individuals who take the GMAT and obtain a satisfactory score can compensate for other criteria in their application (such as academic performance or work experience). Preference for graduate scholarships will be given to applicants who take the GMAT.*

General admission requirements, student classifications and the process for applying are presented in the Academic Overview section. Additional requirements regarding admission and MBA requirements may be obtained from the associate dean of academics in the Nathan M. Bisk College of Business.

*The GRE may be substituted.

Degree Requirements

The MBA degree is conferred on a student who has successfully completed 36 credit hours of required and elective courses as listed on the student's approved Graduate Program Plan.

Curriculum
Program Prerequisites

The following foundation courses are considered prerequisites to this program and will be waived for any student with an undergraduate degree in business or who has taken undergraduate courses in accounting, economics and finance with a minimum grade of B.

  • BUS 5601 Essentials of Business Development 1
    Credit Hours: 3
    Examines necessary tools required to plan and run a successful business venture. Requires integration of concepts, methods and models from accounting, economics and marketing in forming a business plan for a product or service in a case study.
    Requirement(s):
    First course in a two-course sequence.
  • BUS 5602 Essentials of Business Development 2
    Credit Hours: 3
    Builds on . Examines and uses concepts, methods and models from the functional business areas of statistics, finance, management and law. Requires students to integrate each component into a complete business plan.
    Requirement(s):
    Second course in a two-course sequence.
Core Courses

The MBA degree requires completion of a common set of six core courses including the capstone course in strategic management, and an additional two directed electives (BUS 5000-level or higher) chosen with the approval of the faculty advisor. These required courses are designed to prepare the student to respond to the complex business decisions that arise in today's rapidly changing environment. As such, these courses incorporate either case studies or projects that require extensive qualitative and/or quantitative analysis

  • BUS 5421 Managerial Economics
    Credit Hours: 3
    Provides an understanding of the microeconomic forces that influence firm decision-making. Includes competitive markets and market failure, benefit-cost analysis, demand estimation and forecasting, decision-making under risk and uncertainty, production and cost estimation, and market structure analysis.
  • BUS 5431 Managerial Accounting
    Credit Hours: 3
    Focuses on internal reporting to managers for use in planning and control, in making nonroutine decisions and in formulating major plans and policies. Covers cost-volume-profit relationships, flexible budgets and standards, job order and process cost, and cost allocation and accumulation.
  • BUS 5440 Financial Management
    Credit Hours: 3
    Studies the concepts and tools of corporate financial management and financial planning, including capital budgeting, capital structure and net working capital. Considers the importance of ethics in financial decision-making.
  • BUS 5450 Organizational Behavior
    Credit Hours: 3
    Presents existing research, theories and models explaining how individual and group behavior and processes shape the internal dynamics of organizations. Provides the foundation to understand contemporary debates concerning alternative organizational designs and management practices.
  • BUS 5470 Marketing Management
    Credit Hours: 3
    Examines the tools and techniques of managing marketing activities as well as an analysis of the marketing process. Emphasizes decision-making, the refinement of skills needed to recognize and solve marketing problems, and effective communication of recommendations. Uses case analysis extensively.
  • BUS 5480 Strategic Management
    Credit Hours: 3
    In-depth analysis of industries and competitors, and how to build and defend competitive advantages in forming a successful competitive strategy. Case analysis and management simulation convey the multifunctional nature of decision making at the top management level. Augmented by live-case analyses.
    Requirement(s):
    Must be taken in the final semester before graduation.
  • Directed Electives (BUS 5000-level or higher) Credit Hours: 6
Electives

In addition to the courses outlined above, students are also required to take four elective courses (three credit hours each). Electives can be taken with the faculty advisor's approval from other graduate-level offerings in the Nathan M. Bisk College of Business or other colleges or academic units.

Total Credits Required: 36