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College of Business :: MBA
MASTER OF BUSINESS ADMINISTRATION
DEGREE
The Arkansas State University MBA Program
is a professional degree program designed to prepare students of
all educational and professional backgrounds for management
positions in all types of organizations. As such, the program
stresses the development of analytical, problem solving and
decision making competencies for the dynamic, complex global
organizational and social environments.
The program of study includes the
functional areas of business with the opportunity to obtain
emphasis areas in each, as well as the option to select
specialty emphasis areas. This provides students with the
flexibility to tailor their MBA degrees to individual needs and
goals.
With courses offered in late afternoon
and evenings in several locations and in a variety of delivery
methods, the program accommodates working professionals seeking
career advancement and/or career changes as well as recent
graduates desiring to move into positions of responsibility in
organizations.
Admission Requirements
All general admission requirements of the
Graduate School are applicable to the program and the student
should refer to these requirements which are listed elsewhere in
the bulletin. Non-degree candidates cannot enroll in College of
Business graduate courses unless they meet all the admission
requirements of the degree candidate. Students who are admitted
to Masters degree programs outside the College of Business will
not be permitted to take more than nine semester hours of
College of Business graduate courses unless they meet all the
admission requirements of the degree candidate.
An applicant's complete application
package, including application to Graduate School, official
transcripts, official GMAT scores, required application fee and,
when required, proof of immunization must be received in the
Office of the Graduate School no later than 30 days prior to the
beginning of classes each semester. To ensure time for issuance
of an I-20, international students must submit a complete
application, including all the above plus official TOEFL scores
and a financial guarantee no later than 90 days prior to the
beginning of classes each semester.
Unconditional Admission:
Applicants for the Master of
Business Administration (M.B.A.) degree program must submit a
score on the Graduate Management Admission Test (GMAT). Entering
students will be granted unconditional admission if they meet
one of the following sets of criteria:
- A minimum of 400 on the GMAT and at least 950 points based on the formula: 200
times the overall undergraduate grade point average (minimum 2.75) plus the GMAT
score, or:
- A minimum of 400 on the GMAT and at least 1000 points based on the formula:
200
times the grade point
average on the last 60 hours (minimum 3.00) plus the GMAT score.
Information pertaining to
the GMAT may be obtained by contacting the Testing Center at(870) 972-2038 or by writing
to:
| Graduate Management
Admission Test |
| Educational Testing Service |
| P.O. Box 966 |
| Princeton, NJ 08540 |
Conditional Admission:
An applicant for the Master
of Business Administration (M.B.A.) degree program may be admitted conditionally with
a minimum overall undergraduate GPA of 2.50 and an acceptable GMAT score at the discretion
of the director of graduate business programs.
Pre-MBA:
No applicant will be
admitted to the MBA program without a satisfactory score on the GMAT. Applicants are
encouraged to take the GMAT early in order to be admitted to the program. An applicant
without the GMAT may take a maximum of seven hours of regular graduate MBA courses as a
Pre-MBA (non-degree) student. Foundation courses do not apply toward the MBA.
International students are not permitted to enroll as pre-MBAs
and cannot take courses or be admitted to
the MBA without submitting the required GMAT and TOEFL scores.
MBA Foundation Courses:
The foundation courses serve
students who wish to enter the MBA program from a non-business baccalaureate background.
The required foundation courses may be taken at the graduate level (fast track)
or the undergraduate level, or a combination of both. Each
graduate level course substitutes for
one or two undergraduate courses, as shown below. No foundation course is a part of the MBA
program.
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Graduate Foundation Courses
(Fast Track): |
Undergraduate Foundation Courses: |
|
MBA 500V, Survey of
Accounting |
ACCT 2003, Principles of
Accounting I |
|
MBA 501V, Survey of Finance
|
ACCT 2013, Principles of
Accounting II |
|
MBA 502V, Survey of
Microeconomics |
FIN 3713, Business Finance |
|
MBA 503V, Survey of
Macroeconomics |
|
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MBA 504V, Survey of
Management |
ECON 2313, Principles of
Macroeconomics |
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MBA 505V, Survey of
Information Systems |
ECON 2323, Principles of
Microeconomics |
|
MBA 506V, Survey of
Marketing |
|
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MBA 507V, Survey of Law
|
MGMT 3123, Organizational
Management or |
|
MBA 508V, Survey of
Statistics |
MGMT 3153, Organizational
Behavior |
|
MBA 509V, Survey of
Operations Management |
MIS 3013, Management
Information Systems |
|
|
MKTG 3013, Marketing |
|
|
LAW 2023, Legal Environment
of Business |
|
|
QM 2113, Business Statistics |
|
|
QM 3523, Operations
Management |
All applicants must have
completed, or must complete, the foundation courses or their undergraduate equivalent at
an IAME accredited institution. When a student has completed the foundation course(s) in a
specific area, she/he may take the core course in that area. All
the foundation courses must be
taken before a student is admitted to candidacy.
PROGRAM OF STUDY FOR THE MASTER OF
BUSINESS ADMINISTRATION DEGREE
The program consists of a core curriculum
of 28 hours. This common body of knowledge is aimed at
developing competency for overall management and leadership. In
addition, students may select electives in their field of choice
to develop emphasis areas to meet their needs. The core courses
plus the electives result in a 34-hour program.
Students with a non-business
undergraduate degree typically must take up to 15 hours of the
Fast-Track foundation courses, or their equivalent, resulting in
as much as a 49-hour program for such students.
A maximum of 12 semester hours of course
work in any one area may count toward the degree. All courses
must be taken at the 6000 level. However, those students seeking
to sit for the CPA exam may take one 5000 level course in
accounting to help prepare them for the exam while meeting the
150-hour rule for the exam. Management 6423, Strategic
Management, must be taken after all core courses have been taken
or during the student's last semester of course work. Students
may take an internship course which can count for a three-hour
elective. All internships must be taken after a student has
completed 15 hours of course work. Only one three-hour
internship or one directed independent study may count toward
the degree.
Core Courses required of all students:
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ACCT 6003, Accounting for Planning
and Control
-
ECON 6313, Managerial Economics
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FIN 6723, Advanced Management of
Finance
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IBS 6593, Global Competitiveness
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MIS 6413, Management Information
Systems
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MGMT 6001, Adventures in Leadership
and Team Building
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MGMT 6403, Seminar in Organizational
Behavior and Leadership
-
MGMT 6423, Strategic Management
-
MKTG 6223, Marketing Policies
-
QM 6433, Management Science
Elective Courses:
Six hours of electives may
be selected in business or economics, as approved by the
director of graduate business programs, to provide a desired
emphasis or to have a flexible MBA.
Under special circumstances,
a student may substitute a directed individual study for an
elective. All directed individual studies must be taken after a
student has completed 24 hours of coursework with a GPA of 3.5
or higher. Directed individual studies should be targeted toward
a publication and/or paper/presentation as an outlet for the
research. Students are also expected to make a presentation on
their research to a group of Graduate Faculty.
Minimum hours required
for this program: 34
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