Masters of Business Administration

Master of Business Administration

The Department is dedicated to developing leaders who embody the values of the School of Business and Technology and demonstrate consistently the highest levels of ethical decision-making, social responsibility, global awareness, and professional excellence. These values-as reflected in the Benedictine heritage-include:

• Respect by valuing the dignity and worth of all people and utilize all resources responsibly;
• Fairness in treating all justly and equitably;
• Courage by acting in accordance with one's beliefs;
• Love of Learning through investigating and integrating the broad spectrum of human experience to the enrichment of life;
• Innovation to create and implement new ideas; and,
• Community through shared responsibility and developing a sense of unity while valuing the uniqueness of the individual.

The graduate management programs are designed to produce the following general outcomes in graduates:1) communicate effectively and professionally in business situations through writing, speaking, listening, and electronic media; 2) appreciate globalization and its impacts on people, businesses, and the economy; 3) conceptualize organizational dynamics including structure, functions, and systems; 4) integrate personal values with professional ethical standards and their application to real world issues; and, 5) identify, analyze, and solve strategic business problems by reflecting, creating, innovating, and acting.

The Master of Business Administration (MBA) program is designed for students who want a broad knowledge base in all areas of business, strong technical skills, professional and personal effectiveness, and capabilities in leadership and change management. Understanding of organizations in a global environment is fundamental to the program. Ethics, social responsibility, personal awareness, and cultural acumen in a global setting are integrated throughout the curriculum.

Detailed Program Description

The 40-semester-credits program is offered in an evening format that allows professionals to maintain their current work schedules while enhancing their knowledge and skills. The MBA program can be completed in 16 to 24 months, depending on whether a student takes one or two courses per eight-week term.

Program Outcomes
Upon completion of the MBA program, students will be able to:
a) Utilize analytics and technology to formulate and implement strategy;
b) Apply knowledge of organizational management to accomplish business and organizational goals;
c) Demonstrate change leadership skills that contribute to the profitability, strategic health and vitality of a commercial enterprise; and,
d) Utilize analytic management skills to create value for stakeholders.

Admission Requirements for the Master of Business Administration (MBA)
The Master of Business Administration program considers applicants who:

1. Submit a completed Graduate Admission Application form;
2. Have an earned baccalaureate degree from an accredited college or university;
3. Submit all official transcripts of baccalaureate and graduate coursework that is relevant to consideration for admission to this program;
4. Have an earned minimum undergraduate cumulative GPA of 2.8;
5. Submit a Graduate Management Programs Written Essay per the instructions that are shown below; and,
6. Submit two Graduate Recommendation forms.

• Incoming students are expected to have a working knowledge of macro and microeconomics or complete an online, self-study module (MGT 6110 Fundamentals of Economics) prior to taking MGT 6307 Economics for Decision-making. This requirement can be waived if transcripts show that the student has studied these topics at the undergraduate level and obtained a grade of B or better within the past 7 years.

 • Students applying for the MBA Program are expected to have a working knowledge of financial accounting or complete an online, self-study module (MGT 6111 Financial Accounting) prior to taking MGT 6440 Financial Management. This requirement can be waived if transcripts show that the student has studied this topic at the undergraduate level and obtained a grade of B or better within the past 7 years.

• Students admitted to either graduate management programs may elect the DUAL DEGREE option within the first 12 credits of coursework. Thereafter, this option may only be added with the permission of the graduate program director.

International applicants will need to complete additional admission requirements.

Note: Meeting minimal entrance requirements does not necessarily guarantee admission.

Topical Essay
Please prepare a 600-word (minimum) essay, typed and double spaced, using 12-point Times New Roman font and one-inch margins. Applicant may choose a topic of interest (e.g., organizational behavior, communications, finance, management, or economics) but it should be relevant to the MA in Management or MBA program to which s/he is applying. The essay should represent your highest level of academic writing and demonstrate an ability to participate in a rigorous, fast-paced academic program.

NOTE FOR DUAL DEGREE PROGRAM APPLICANTS: Those applicants who are applying for the dual degree option should include an additional passage of about 250 words that addresses a topic of interest that is relevant to the second degree.

Degree Requirements
A total of 40 semester credits are required for graduation. Credit toward the degree will be given for courses with a grade of "C" or better; students are required to maintain a minimum cumulative grade point average of 3.0. A maximum of six graduate semester credits may be transferred from another accredited college or university if approved by The College of St. Scholastica. The MBA program must be completed within seven years, and students must make sufficient academic progress toward the degree during their enrollment. Credits more than seven years old as of the date of graduation will not count toward the degree. Evidence of regular progress in the program generally means registration in at least one course each semester during the academic year. Students will be allowed to register for courses only when they have met course prerequisites and have demonstrated sufficient academic progress toward the degree.

Every student must complete one of the following final program options: 1) faculty-directed conceptual or applied project; 2) Capstone Abroad Seminar; or 3) academic research thesis.

A student must complete a required common and program-specific core curriculum (27 credits), a final capstone project, and sufficient elective courses to meet the program's 40 credit hour graduation requirement. A maximum of six graduate semester credits may be transferred from another accredited college or university if approved by The College of St. Scholastica. Transfer credits may only be used to satisfy elective course requirements.

Summary of Curriculum
Common Core Curriculum (21 credits):
MGT 6412: Management Writing & Resources 3 cr.
MGT 6413: Management Communication & Cultural Competence 3 cr.
MGT 6420: Organizational Behavior 3 cr.
MGT 6307: Economics for Decision-making (Managerial Economics) 3 cr.
MGT 6450: Marketing: Consumer Behavior 3 cr.
MGT 6455: Strategic Leadership for Change 3 cr.
MGT 6431: Research Methods (Statistics) 3 cr.

Program Core Curriculum for MBA program (6 credits)
MGT 6530: Managerial Applications of Technology 3 cr.
MGT 6440: Financial Management 3 cr.

Elective Concentration Curriculum (3 courses for a total of 9 credits)

Business Leadership Concentration
MGT 6301: Global Operations Management 3 cr.
MGT 6520: Business Law 3 cr.
MGT 6465: Global Leadership and Ethics 3 cr.
MGT 6203: Labor Relations 3 cr.
MGT 6207: Crisis Management 3 cr.
MGT 6209 Managing Diversity 3 cr.

Finance Concentration
MGT 6460: Managerial Accounting 3 cr.
MGT 6510: Corporate Finance 3 cr.
MGT 6525: Investments 3 cr.
MGT 6206 Compensation 3 cr.

Marketing Concentration
MGT 6535: Marketing Research 3 cr.
MGT 6113: Strategic Marketing 3 cr.
MGT 6515: Internet Marketing 3 cr.

IT Leadership Concentration
MGT 6105: IT Strategy and Governance 3 cr.
MGT 6308: Managing Technical Teams 3 cr.
MGT 6318: Enterprise Systems 3 cr.
MGT 6211: IT Project Management 3 cr.
MGT 6317: Knowledge Management 3 cr.

Healthcare Leadership Concentration (choose 3)
MGT 6506: Assessing Healthcare Quality 3 cr.
MGT 6532: Monitoring & Evaluating Health Programs 3 cr.
MGT 6545: Corporate Compliance in the Healthcare Industry 3 cr.
MGT 6351: Healthcare Administration 3 cr.
MGT 6355: Healthcare Finance 3 cr.
MGT 6352: Healthcare Performance Improvement 3 cr.

Capstone Program Options (one option completed; 4-6 credits)
MGT 6800: Faculty-directed Conceptual or Applied Project 4 cr. -or-
MGT 6490: Capstone Abroad Seminar 4 cr. -or-
MGT 6810: Academic Research Thesis 6 cr.

Professional Development & Mentoring Programs
The graduate management programs provide coaching and mentoring programs to assist and support students in developing individual leadership skills to attain higher levels of achievement in their professional careers.  An optional one-credit Professional Development Seminar (MGT 6700) can be taken in the first year of the program.  Completing this course is a prerequisite for participating in the mentoring program that provides up to 15 hours of one-on-one interaction with business executives and similar volunteers who have demonstrated their leadership in our community.