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Business Administration

Master of Business Administration (MBA)


Department: Management and Marketing

Description

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.

Available Concentrations

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 on campus in late afternoon and evenings and also online, 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.

  • Finance
  • Healthcare Administration
  • Management Information Systems
  • Supply Chain Management
  • International Business

 

  • Prerequisites

    Business Foundation Courses

    The business foundation courses are required for students who wish to enter a business graduate program. These courses may be taken at the graduate level (fast track) or the undergraduate level, or a combination of both. Foundation courses will NOT be counted toward your graduate GPA for retention/graduation purposes.

    MBA 500V - Survey of Accounting

    • ACCT 2033 - Intro to Financial Accounting
    • ACCT 2133 - Intro to Managerial Accounting

    MBA 501V - Survey of Finance

    • FIN 3713 - Business Finance

    MBA 502V - Survey of Macroeconomics

    • ECON 2313 - Principles of Macroeconomics

    MBA 503V - Survey of Microeconomics

    • ECON 2323 - Principles of Microeconomics

    MBA 507V - Survey of Law

    • LAW 2023 - Legal Environment of Business

    MBA 508V - Survey of Statistics

    • ECON 2113 - Business Statistics

    MBA 509V - Survey of Operations Management

    • CIT 3523 - Operations Management

     

  • Admission Criteria

    Graduate School Admission

    All applicants must first apply online to the Graduate School for their desired program. Visit the Graduate School website for more information.

    View the Graduate School admission criteria >>


    Non-degree Candidates

    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 of the admission requirements of the degree candidate.

    Admission into the MBA Program

    Application

    All sections of the application form should be completed.

    Transcripts

    An official transcript is required from every college and university you have attended since graduating from high school. All prior course work including summer sessions, night school and any graduate study should be included. All international transcripts must be translated into English. The translations should be notarized or officially validated.

    Required Tests

    All applicants are required to take the Graduate Management Admission Test (GMAT) administered by Pearson VUE. Test scores more than 5 years old will not be accepted. Please arrange for your GMAT scores to be reported directly to Arkansas State University by Pearson VUE. The Arkansas State University code number is 6011.

    All applicants whose native language is not English must submit a score for the Test of English as a Foreign Language (TOEFL) or IELTS. The required score for the TOEFL is 550 on the paper based, 253 on the computer based and 79 on the internet based test. Applicants taking the IELTS have to score 6.0. Please arrange for your TOEFL scores to be reported to Arkansas State University.

    Each applicant is responsible for having his/her official GMAT and TOEFL scores sent directly to the Graduate School under separate cover.

    Unconditional Admission

    Applicants to the College of Business Graduate Program may attain unconditional admission with either the Graduate Management Admission Test (GMAT) or the Graduate Records Exam (GRE) as indicated below:

    Submission of GMAT®
    1. A minimum cumulative GPA of 2.75 or its equivalent on a 4.00 scale on all undergraduate coursework completed and a minimum GMAT® of 480 to achieve the formula score of 1030 as follows: 2.75 X 200 + 480 = 1030
    2. A minimum GPA of 3.00 or its equivalent on a 4.00 scale on the last 60 hours of undergraduate coursework completed and a minimum GMAT® of 480 to achieve the formula score of 1080 as follows: 3.00 X 200 + 480 = 1080
    Submission of GRE®
    1. A minimum cumulative GPA of 2.75 or its equivalent on a 4.00 scale on all undergraduate coursework completed and a minimum GRE® composite of 300 (must have a minimum of 145 on the Verbal part and a minimum of 145 on the Quantitative part) to achieve the formula score of 850 as follows: 2.75 X 200 + 300 = 850
    2. A minimum GPA of 3.00 or its equivalent on a 4.00 scale on the last 60 hours of undergraduate coursework completed and a minimum GRE® composite of 300 (must have a minimum of 145 on the Verbal part and a minimum of 145 on the Quantitative part) to achieve the formula score of 900 as follows: 3.00 X 200 + 300 = 900

    Information pertaining to the GMAT may be obtained by contacting the Testing Center at (870) 972-2038 or by visiting their website.

    Conditional Admission

    An applicant to the College of Business Graduate Program who fails to meet the minimum GPA, but who meets the formula stated above by offsetting a lower GPA score with a higher GMAT or GRE score may be admitted conditionally by the director of graduate business programs based on the applicant's outstanding academic record as evidence of the ability to succeed in the program.

    Pre-Graduate Program

    No applicant will be admitted to the College of Business Graduate Program without a satisfactory score on the GMAT or GRE. Applicants are encouraged to take the GMAT or GRE early to be admitted to the program. An applicant without the GMAT or GRE may take the foundation courses and/or a maximum of nine hours of regular graduate courses as a pre-graduate (non-degree) student. Foundation courses do not apply toward the College of Business Graduate Program. International students are not permitted to enroll as a pre-graduate student and cannot take courses or be admitted to the College of Business Graduate Program without submitting the required GMAT or GRE and TOEFL scores.

    Affidavit of Financial Resources of International Applicants/Visa Status

    Check the Office of International Programs website for more information.

    The completion of the affidavit to the satisfaction of Arkansas State University is one of the requirements that must be met before a Form I-20 can be issued. Return the completed form with the statement and signature from an official of your financial institution to Graduate Admissions, P.O. Box 1570, State University, AR 72467 USA.

    International applicants need to indicate on the affidavit the amount of funds in United States currency that will be available to them during each year that they plan to be in the United States. Funds must be verified by a certified statement from an official of the financial institution and/or government agency.

    To expedite processing, applicants are encouraged to submit this information with their applications.

  • How to Apply

    To apply to the MBA program, simply complete the online application to the graduate school.  You will be prompted for the program in which you wish to apply for on the application. Once you have submitted all required documents to the graduate school, your application will be forwarded to the specific program for review.

    Go to the graduate school application >>
  • Coursework Overview

    Core Courses

    The program consists of a core curriculum of 27 hours. This common body of knowledge is aimed at developing competency for overall management and leadership.

    Core Curriculum:
    Hrs.
    ACCT 6003, Accounting for Planning and Control
    3
    ECON 6313, Managerial Economics
    3
    FIN 6723, Corporate Financial Management
    3
    IBS 6593, Global Strategic Initiatives
    3
    MIS 6413, Management Information Systems
    3
    MGMT 6403, Seminar in Organizational Behavior and Leadership
    3
    MKTG 6223, Strategic Marketing
    3
    MIS 6543, Business Analytics
    3
    MGMT 6423, Strategic Management
    3
    Total Core Hours:
    27

    Strategic Management

    Management 6423, Strategic Management, must be taken after all core courses have been taken or during the student's last semester of coursework.

    Internships

    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 a single 3-hour internship or one directed independent study may count toward the degree.

    Elective Courses

    In addition to the core, 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 33-hour program. All courses must be taken at the 6000 level.

    The six hours of electives may be selected in business or economics, as approved by the director of graduate business programs. Students that are pursuing a concentration should take the defined electives listed below.

    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.

    Concentrations

    Students who choose to add a concentration to their MBA will take the defined concentration courses, increasing the total program hours to 36-39 total hours.

  • Concentration: Finance

    Description

    The MBA with a Concentration in Finance is designed to allow students to complement their studies in business administration with in-depth coverage of the core components of finance, including corporate finance, financial markets and institutions, and investments. Students will complete the 27 hours within the MBA core and 9 additional hours of graduate level finance coursework.

    Concentration Courses

    In addition to the core classes, students will complete the following concentration courses:

    Concentration Courses:
    Hrs.
    FIN 6723, Corporate Financial Management (included in core)
    -
    FIN 6053 - Financial Statement Analysis
    3
    FIN 6733 - International Financial Markets
    3
    FIN 6743 - Seminar in Finance
    3
    Total Concentration Hours:
    9
  • Concentration: Healthcare Administration

    Description

    The MBA with a Concentration in Healthcare Management is designed to allow students to complement their studies in business administration with in-depth coverage of the core components of the healthcare administration arena and the unique issues and challenges facing healthcare organizations in the dynamic healthcare industry. Students will complete the 24 hours of the MBA core and 15 hours of graduate level courses in Healthcare Administration.

    Concentration Courses

    In addition to the core classes, students will complete the following concentration courses:

    Concentration Courses:
    Hrs.
    HCA 6003 - Healthcare Policies and Ethics
    3
    HCA 6013 - Current Issues in Healthcare Administration
    3
    HCA 6703 - Healthcare Internship
    3
    HCA 6243 - Services Marketing Strategy Development
    3
    MGMT 6423 - Strategic Management for Healthcare Organizations (replaces MGMT 6423 - Strategic Management)
    3
    Total Concentration Hours:
    15
  • Concentration: Management Information Systems

    Description

    The MBA with Concentration in MIS program is designed to allow graduate business students the ability to select in-depth coverage of the core components of today’s IT field while furthering their business administration academic career. Students will complete the 27 hours within the MBA core (which includes two graduate level MIS course) and 9 additional hours of graduate level MIS coursework.

    Concentration Courses

    In addition to the core classes, students will complete the following concentration courses:

    Concentration Courses:
    Hrs.
    MIS 6413 - Management Information Systems (Included in Core)
    -
    MIS 6453 - Electronic Commerce
    3
    MIS 6523 - Simulation for Predictive Decision Making
    3
    Any 6000 Level MIS Course
    3
    Total Concentration Hours:
    9
  • Concentration: Supply Chain Management

    Description

    The MBA with a Concentration in Supply Chain Management is designed to allow students to complement their studies in business administration with in-depth coverage of the core components of the supply chain functions of business as they relate to firms operating in a dynamic global business environment. Students will complete the 27 hours of the MBA core and 12 additional hours of graduate level courses in logistics.

    Concentration Courses

    In addition to the core classes, students will complete the following concentration courses:

    Concentration Courses:
    Hrs.
    MKTG 6253 - Seminar in Logistics Management
    3
    MKTG 6283 - Global Supply Chain Management
    3
    MKTG 6513 - Logistics Operations
    3
    MKTG 6523 - Sourcing and Procurement
    3
    Total Concentration Hours:
    12
  • Concentration: International Business

    Description

    The MBA with Concentration in IB program is designed to allow graduate business students the ability to select in-depth coverage of the core components of today's IB field while furthering their business administration academic career. Students will complete the 27 hours within the MBA core and 9 additional hours of graduate level IB coursework.

    Concentration Courses

    In addition to the core classes, students will complete the following concentration courses:
     

    Concentration Courses:
    Hrs.
    IBS 6593 - Global Strategic Initiatives (Included in Core)
    -
    IBS 6293 - Seminar in International Corporate Social Responsibility
    3
    IBS 6143 - Seminar in International Human Resource Management
    3
    IBS 6323 - Emerging Markets
    3
    Total Concentration Hours:
    9

Accredited by AACSB

AACSB LogoThe Arkansas State University College of Business is accredited by the Association to Advance Collegiate Schools of Business International, which represents the highest standard of achievement for business schools worldwide. Fewer than 20% of the business schools in the world achieve AACSB accreditation and it is the hallmark of excellence in business education.

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