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Business Administration

Master of Business Administration (MBA)
Offered By: College of Business
Graduate

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.


  • Prerequisites

    An applicant's complete application package, including application to Graduate School, official transcripts, official GMAT/GRE 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) or Graduate Record Examination (GRE). Entering students will be granted unconditional admission if they meet one of the following sets of criteria:

    1. A minimum cumulative GPA of 2.75, or its equivalent on a 4.0 scale, on all undergraduate coursework completed AND a minimum GMAT composite score of 480.
    2. A minimum cumulative GPA of 3.00, or its equivalent on a 4.0 scale, on the last 60 hours of undergraduate coursework completed AND a minimum GMAT composite score of 480.
    3. A minimum cumulative GPA of 2.75, or its equivalent on a 4.0 scale, on all undergraduate coursework completed AND a minimum GRE composite score of 300 with a minimum of 145 on the Verbal Section and a minimum of 145 on the Quantitative Section.
    4. A minimum GPA of 3.00, or its equivalent on a 4.0 scale, on the last 60 hours of undergraduate coursework completed and a minimum GRE composite score of 300 with a minimum of 145 on the Verbal Section and a minimum of 145 on the Quantitative Section.

    Information pertaining to the GMAT or GRE may be obtained by contacting the Testing Center at (870) 972-2038. International students must submit the required TOEFL or IELTS scores.

    Conditional Admission

    An applicant for the Master of Business Administration (MBA) degree program may be admitted conditionally in one of the following ways at the discretion of the Director of Graduate Programs:

    1. A minimum overall undergraduate GPA of 2.75. However, no more than nine hours of MBA coursework (excluding foundation courses) may be taken by an individual who has not met the minimum GRE/GMAT score;
    2. A minimum overall undergraduate GPA of 3.25 AND a minimum GMAT composite score of 450;
    3. A minimum overall undergraduate GPA of 3.25 AND a minimum GRE composite score of 280 with a minimum of 140 on the verbal section and a minimum of 140 on the quantitative section.

    To be moved from conditional to unconditional admission under option #1 above, the candidate must complete either the GRE or the GMAT with the required minimum score for unconditional admission. If admitted conditionally under either option #2 or #3 above, the candidate must have achieved a minimum GPA of 3.25 in the first twelve hours of 6000-level courses in the MBA program. If the candidate fails to meets these requirements, they will not be allowed to continue in the program unless the minimum GRE/GMAT scores for unconditional admission are achieved.

  • Coursework Overview

    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. 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 33-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 48-hour program for such students. 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.

    Core Courses required of all students:

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

    Elective Courses

    Six hours of electives may be selected in business or economics, as approved by the director of graduate business programs. 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.

    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.

  • Concentration: Finance

    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.

    In addition to the MBA core classes, students will complete the following 9 hours of finance courses:

    • FIN 6053, Financial Statement Analysis
    • FIN 6733, International Financial Markets
    • FIN 6743, Seminar in Finance
  • Concentration: Healthcare Administration

    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 27 hours of the MBA core and 15 hours of graduate level courses in Healthcare Administration.

    In addition to the MBA core classes, students will complete the following 9 hours of finance courses:

    • HCA 6003, Healthcare Policies and Ethics
    • HCA 6013, Current Issues in Healthcare Administration
    • HCA 6703, Healthcare Internship
    • HCA 6423, Strategic Management
    • HCA 6243, Services Marketing Strategy Development
  • Concentration: Management Information Systems

    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.

    In addition to the MBA core classes, students will complete the following 9 hours of finance courses:

    • MIS 6453, Electronic Commerce
    • MIS 6463, Information Systems Analysis & Design
    • Any 6000-level MIS course
  • Concentration: Supply Chain Management

    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.

    In addition to the MBA core classes, students will complete the following 9 hours of finance courses:

    • MKTG 6253, Seminar in Logistics Management
    • MKTG 6283 Global Supply Chain Management
    • MKTG 6513 Logistics Operations
    • MKTG 6523 Sourcing and Procurement
  • Concentration: International Business

    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 12 additional hours of graduate level IB coursework.

    In addition to the MBA core classes, students will complete the following 9 hours of finance courses:

    • IBS 6593, Global Strategic Initiatives
    • IBS 6293, Seminar in International Corporate Social Responsibility
    • IBS 6143, Seminar in International Human Resource Management
    • IBS 6323, Emerging Markets
  • Online MBA

    Program Overview

    The Online MBA was created to provide high-quality, flexible graduate management education for students with varied academic and professional backgrounds. The graduate faculty strives to build comprehensive and challenging programs of excellence to meet the needs of a dynamic, global business environment through a leading-edge curriculum emphasizing leadership/values, international business, latest technology, decision tools, and social responsibility/ethics facilitated by action-based learning.

    Our Online MBA program is ideal for ambitious working professionals who are interested in a superior graduate program that is more flexible with working schedules than traditional MBAs. Our Online MBA prepares students to succeed in a technology-driven global business world and prepares students for opportunities to succeed in numerous industries.

    The Online MBA is only available to U.S. Citizens as mandated by Homeland Security.

    Tution and Fees

    The current online MBA tuition is $452 per credit hour inclusive of fees.

    Please Note

    Concentrations are not available in the Online MBA program.