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Business Administration (Graduate)

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Master of Business Administration Program

The Master of Business Administration (MBA) equips graduate students with cutting-edge knowledge, skills, and perspectives to enable them to thrive in today’s competitive global economy. As the business landscape evolves rapidly, the demand for highly skilled and adaptable business professionals is at an all-time high.  The MBA program focuses on cultivating strong leadership, analytical, and strategic thinking skills. It comprehensively includes core business disciplines, including economics, finance, marketing, operations, human resources, and entrepreneurship.  It emphasizes emerging trends such as sustainable business practices, digital transformation, and global business ethics.

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Master of Business Administration Degree Admission Requirements

Applicants must:

  • Have a minimum of a 3.0 on a 4.0 scale.
  • Hold a Bachelor’s degree or equivalent from an accredited institution. The Bachelor’s degree can be in any field of study.
  • Submit official transcripts from all undergraduate and, if applicable, graduate institutions attended.
  • Have 2-5 years professional work experience or students can be directly admitted from undergraduate programs if they meet acceptance criteria.
  • Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) scores are preferred but not required and could supplement an application with no work experience or GPA below 3.0.
  • English Proficiency is required for international applicants from non-English speaking countries, proof of English proficiency through Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS) may be required.
  • Provide 1-3 letters of recommendation from professional contacts, such as supervisors or colleagues, who can speak to the applicant’s qualifications, work ethic, and leadership potential.
  • Write a statement of purpose or essay exploring their motivations for pursuing an MBA, career goals, and how this specific MBA program aligns with their objectives.
  • Submit a detailed resume or curriculum vitae outlining their educational background, work experience, skills, and other relevant qualifications.
  • Optional Components – Additional materials, such as a portfolio (for candidates with creative backgrounds), to showcase their skills and experiences are welcome.
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Master of Business Administration Degree Transfer Requirements

  1. Transfer of 9 credit hours for equivalent coursework.
  2. A strong academic record is crucial. MBA program requires a minimum GPA (3.0) for consideration, and applicants should demonstrate success in relevant coursework.
  3. Having relevant professional experience may strengthen your transfer application, especially if it aligns with the goals of the program.
  4. A statement explaining your reasons for transferring, your goals, and how the program aligns with your aspirations may be required.
  5. If you are an international student, consider the visa implications of transferring between programs. Ensure that you comply with immigration regulations.
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Master of Business Administration Degree 4+1 Program Requirements

Program Overview and Eligibility Criteria

  • Eligibility. Students must be enrolled in a relevant undergraduate program at Graceland University in their senior year or have completed at least 90 undergraduate credit hours.
  • GPA Requirement. Students applying to the 4+1 MBA program must have a minimum cumulative GPA of 3.0. However, some flexibility could be allowed based on GRE, GMAT scores, or faculty recommendations.

Application Process

  • Application Form Submission. Interested students must submit a formal application to the 4+1 MBA program. The application should include:
    • Academic transcripts
    • A resume highlighting relevant coursework, internships, and extracurricular activities.
    • A personal statement outlining career goals and reasons for pursuing the MBA in an accelerated format.
  • Recommendation Letters. Students should obtain two or a maximum of three letters of recommendation from faculty members familiar with their academic performance and potential for graduate study.

Evaluation and Screening

  • Review by Admissions Committee. Applications will be reviewed by a dedicated admissions committee comprising faculty from both undergraduate and graduate programs. The committee will assess the student’s academic readiness, potential for graduate studies, and alignment with the program’s objectives.

Academic Planning and Curriculum Integration

  • Dual-Listed Course Approval. Students approved for the program will receive an academic plan that includes dual-listed courses, aligning undergraduate course credits with advanced MBA content. Each dual-listed course will be credited towards both the undergraduate and MBA program requirements.
  • Curriculum Advisor Assignment. Each student will work with an academic advisor to help them navigate the integrated curriculum and ensure they meet undergraduate and MBA course requirements.

Course Load and Performance Monitoring

  • Course Load Limitations. Students must be counseled on time management to successfully manage the combined responsibilities of undergraduate and graduate courses.
  • Performance Standards. Students must maintain a minimum GPA (e.g., 3.0) in all dual-listed courses. Failing to meet the GPA requirement will lead to a probation period and, if not improved, potential removal from the program.

Degree Completion Requirements

  • Undergraduate Degree Completion. Students must fulfill all undergraduate requirements within the designated timeframe of the 4-year undergraduate program.
  • Graduate Credits Completion. After successfully earning the undergraduate degree, students will automatically transition into the MBA program to complete the remaining MBA courses.
  • Timeframe for MBA Completion. A clear timeframe (typically 1 additional year) will be set for completing the MBA after the undergraduate degree.

Program Exit and Contingency Plan

  • Opt-Out Option. Students who find the accelerated program too challenging can opt-out and continue in the traditional undergraduate program without losing credits. In such cases, they may reapply for the regular MBA program upon completing their undergraduate degree.

Approval and Notification

  • Formal Notification. Upon final approval, students will receive an official letter of acceptance into the 4+1 MBA program, outlining the conditions of their acceptance and expectations moving forward.
  • Advising Sessions. Approved students will participate in mandatory advising sessions to prepare them for the transition and integration of dual-listed courses.

MBA Dual-listed Courses:

  • BUAD4340/BUAD5260 Business Law and Ethics
  • BUAD4410/BUAD5410 Operations and Supply Chain Management
  • BUAD4411/BUAD5411 Strategic Sales Management
  • ECON4430/ECON5430 Managerial Economics
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Master of Business Administration Degree Graduation Requirements

To qualify for graduation, candidates for a graduate degree must:

  1. Complete 36 semester hours of required courses which includes the Capstone Project
  2. Maintain satisfactory academic performance throughout the program and earn a final GPA of 3.25 on a 4.0 scale.
  3. Fulfill all financial obligations with the university.
  4. File an application for graduation with the Office of the Registrar at least six months prior to the anticipated graduation date.

Optional:

  1. Participate in internships or gain practical work experience as part of the graduation requirements.
  2. Participate in professional development activities such as workshops, seminars, networking events, or conferences to enhance skills and knowledge.

Degree Requirements

  • Master of Business Administration Degree

    Required curriculum for Master of Business Administration (MBA)

    Courses Offered
    • BUAD5120Financial Management
      BUAD5120 Financial Management - 3 s.h.

      The Financial Management course teaches the principles and techniques of financial planning, budgeting, and controlling. It covers capital budgeting, risk management, financial markets, and investment analysis. Students learn to make financial leadership decisions that maximize shareholder wealth while considering the risks.

    • BUAD5130Business Analysis
      BUAD5130 Business Analysis - 3 s.h.

      The Business Analysis course equips students with the skills to analyze business processes, identify opportunities for improvement, and develop effective leadership strategies. It involves using tools and techniques to gather, document, and evaluate business requirements. Students learn to bridge the gap between business needs and solutions by analyzing data and implementing business process improvements.

    • BUAD5140Strategic Management
      BUAD5140 Strategic Management - 3 s.h.

      The Strategic Management course focuses on formulating and implementing long-term goals and initiatives taken by top management (leadership). It involves strategic planning, analysis of internal and external environments, and decision-making processes. Students learn to develop sustainable competitive advantages and create value for stakeholders in complex and dynamic business landscapes

    • BUAD5250Marketing Management
      BUAD5250 Marketing Management - 3 s.h.

      The Marketing Management course delves into businesses' strategies and techniques to promote their products and services at a leadership level. It includes market research, consumer behavior, product development, pricing strategies, and promotional activities. Students learn to create and implement and lead effective marketing plans to meet customer needs and achieve organizational objectives.

    • BUAD5260Business Law and Ethics
      BUAD5260 Business Law and Ethics - 3 s.h.

      The Business Law and Ethics course explores the legal and ethical frameworks within which businesses operate. It covers contract law, intellectual property rights, employment law, and ethical considerations in business practices. Students learn to navigate legal complexities and make morally sound leadership decisions in various business situations.

    • BUAD5270Strategic Human Resource Management
      BUAD5270 Strategic Human Resource Management - 3 s.h.

      The Strategic Human Resource Management course focuses on strategic leadership of human resources to achieve organizational goals. It covers talent acquisition, employee development, performance management, and workforce planning. Students learn to align HR practices with overall business strategies, ensuring the organization's human capital contributes effectively to its success.

    • BUAD5280Innovation and Change Management
      BUAD5280 Innovation and Change Management - 3 s.h.

      The Innovation and Change Management course explores leadership methods for fostering innovation and managing organizational change effectively. It includes creative problem-solving, technology adoption, organizational culture, and change implementation strategies. Students learn to drive innovation within the organization and manage transitions in response to evolving market demands.

    • BUAD5390Research Methodologies
      BUAD5390 Research Methodologies - 3 s.h.

      The Research Methodologies course provides students with the skills to conduct rigorous and meaningful research in the business context. It includes both quantitative and qualitative research methods, data analysis techniques, and research design. Students learn to critically evaluate existing research and design studies to address specific business leadership challenges.

    • BUAD5410Operations and Supply Chain Management
      BUAD5410 Operations and Supply Chain Management - 3 s.h.

      The Operations and Supply Chain Management course focuses on designing, implementing, and optimizing business processes and supply chain networks. It includes inventory management, logistics, quality control, and supply chain optimization techniques. Students learn to lead enhanced operational efficiency and deliver customer value through streamlined leadership processes.

    • BUAD5411Strategic Sales Management
      BUAD5411 Strategic Sales Management - 3 s.h.

      The Strategic Sales Management course emphasizes the strategic leadership aspects of sales and revenue generation. It includes sales forecasting, customer relationship management, sales team management, and negotiation strategies. Students learn to align sales efforts with overall business objectives, maximizing revenue while maintaining strong customer relationships.

    • BUAD6000Business Strategy Capstone (Applied Science)
      BUAD6000 Business Strategy Capstone (Applied Science) - 3 s.h.

      The Business Strategy Capstone project serves as a culmination of the students’ business leadership education. It integrates knowledge and skills from various disciplines to solve real-world business leadership problems. Students work on applied science projects, applying strategic thinking, analytical skills, and creativity to develop comprehensive business strategies. This capstone experience prepares students for the challenges of leadership in the business world and tests their ability to integrate theoretical knowledge into practical solutions.

    • ECON5430Managerial Economics
      ECON5430 Managerial Economics - 3 s.h.

      Managerial Economics is a course that explores applying economic theories and methodologies to solve business problems and make informed leadership decisions. It focuses on analyzing economic data, understanding market structures, forecasting demand and supply, and evaluating various business strategies in different economic environments.

    BUAD5120Financial Management BUAD5130Business Analysis BUAD5140Strategic Management BUAD5250Marketing Management BUAD5260Business Law and Ethics BUAD5270Strategic Human Resource Management BUAD5280Innovation and Change Management BUAD5390Research Methodologies BUAD5410Operations and Supply Chain Management BUAD5411Strategic Sales Management BUAD6000Business Strategy Capstone (Applied Science) ECON5430Managerial Economics
    Course Descriptions
    BUAD5120 Financial Management - 3 s.h.

    The Financial Management course teaches the principles and techniques of financial planning, budgeting, and controlling. It covers capital budgeting, risk management, financial markets, and investment analysis. Students learn to make financial leadership decisions that maximize shareholder wealth while considering the risks.

    BUAD5130 Business Analysis - 3 s.h.

    The Business Analysis course equips students with the skills to analyze business processes, identify opportunities for improvement, and develop effective leadership strategies. It involves using tools and techniques to gather, document, and evaluate business requirements. Students learn to bridge the gap between business needs and solutions by analyzing data and implementing business process improvements.

    BUAD5140 Strategic Management - 3 s.h.

    The Strategic Management course focuses on formulating and implementing long-term goals and initiatives taken by top management (leadership). It involves strategic planning, analysis of internal and external environments, and decision-making processes. Students learn to develop sustainable competitive advantages and create value for stakeholders in complex and dynamic business landscapes

    BUAD5250 Marketing Management - 3 s.h.

    The Marketing Management course delves into businesses' strategies and techniques to promote their products and services at a leadership level. It includes market research, consumer behavior, product development, pricing strategies, and promotional activities. Students learn to create and implement and lead effective marketing plans to meet customer needs and achieve organizational objectives.

    BUAD5260 Business Law and Ethics - 3 s.h.

    The Business Law and Ethics course explores the legal and ethical frameworks within which businesses operate. It covers contract law, intellectual property rights, employment law, and ethical considerations in business practices. Students learn to navigate legal complexities and make morally sound leadership decisions in various business situations.

    BUAD5270 Strategic Human Resource Management - 3 s.h.

    The Strategic Human Resource Management course focuses on strategic leadership of human resources to achieve organizational goals. It covers talent acquisition, employee development, performance management, and workforce planning. Students learn to align HR practices with overall business strategies, ensuring the organization's human capital contributes effectively to its success.

    BUAD5280 Innovation and Change Management - 3 s.h.

    The Innovation and Change Management course explores leadership methods for fostering innovation and managing organizational change effectively. It includes creative problem-solving, technology adoption, organizational culture, and change implementation strategies. Students learn to drive innovation within the organization and manage transitions in response to evolving market demands.

    BUAD5390 Research Methodologies - 3 s.h.

    The Research Methodologies course provides students with the skills to conduct rigorous and meaningful research in the business context. It includes both quantitative and qualitative research methods, data analysis techniques, and research design. Students learn to critically evaluate existing research and design studies to address specific business leadership challenges.

    BUAD5410 Operations and Supply Chain Management - 3 s.h.

    The Operations and Supply Chain Management course focuses on designing, implementing, and optimizing business processes and supply chain networks. It includes inventory management, logistics, quality control, and supply chain optimization techniques. Students learn to lead enhanced operational efficiency and deliver customer value through streamlined leadership processes.

    BUAD5411 Strategic Sales Management - 3 s.h.

    The Strategic Sales Management course emphasizes the strategic leadership aspects of sales and revenue generation. It includes sales forecasting, customer relationship management, sales team management, and negotiation strategies. Students learn to align sales efforts with overall business objectives, maximizing revenue while maintaining strong customer relationships.

    BUAD6000 Business Strategy Capstone (Applied Science) - 3 s.h.

    The Business Strategy Capstone project serves as a culmination of the students’ business leadership education. It integrates knowledge and skills from various disciplines to solve real-world business leadership problems. Students work on applied science projects, applying strategic thinking, analytical skills, and creativity to develop comprehensive business strategies. This capstone experience prepares students for the challenges of leadership in the business world and tests their ability to integrate theoretical knowledge into practical solutions.

    ECON5430 Managerial Economics - 3 s.h.

    Managerial Economics is a course that explores applying economic theories and methodologies to solve business problems and make informed leadership decisions. It focuses on analyzing economic data, understanding market structures, forecasting demand and supply, and evaluating various business strategies in different economic environments.

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