Master of Business Administration (MBA)
MBA Student Learning Outcomes
Communication Skills: Students completing the MBA program will be able to communicate effectively both orally and in writing.
Analytical and Problem Solving Skills: Students completing the MBA program will be able to use analytical techniques and information technology to solve business problems.
Functional Knowledge: Students completing the MBA program will demonstrate knowledge of fundamental principles in business disciplines and the ability to integrate knowledge across disciplines.
Global Perspective: Students completing the MBA program will understand the impact of globalization on the business environment.
Ethical Awareness: Students completing the MBA program will be aware of ethical issues and responsibilities in business environments.
Teamwork and Interpersonal Skills: Students completing the MBA program will be able to work effectively in teams toward the achievement of a common goal.
- A minimum of 30 semester hours of graduate credit beyond the Foundation-Level requirements.
- A cumulative grade point average of at least 3.0.
- All course work must be completed within six (6) calendar years.
MBA Program Requirements
The MBA Program is composed of three distinct parts: an orientation, a curriculum, and a closure experience. Each of these three parts is explained in detail below.
MBA Program Orientation Experience
Before the start of the fall semester, all students admitted for the previous spring, summer and current fall semesters are required to attend the MBA Program Orientation. The purpose of this orientation is to set the expectations of students and faculty regarding the student’s MBA experience. This is accomplished through the presentation of the MBA Vision Statement, the MBA Program Values Statement, and set of exercises designed to promote interaction among students and faculty. In addition, the students are encouraged to form a cohort group through participation in WMBAA, the Washburn MBA Student Association.
MBA Program Curriculum
The Washburn MBA curriculum combines opportunities to develop one’s skills in communication, quantitative analysis, computer technology, and teamwork with study of accounting, economics, finance, information systems, management, marketing, legal and ethical issues, and production and operations in the context of domestic and global environments of business.
For the students without a prior business degree or related course work, 57 semester hours (19 courses) are required, divided between the foundation-level level (27 semester hours) and the upper level (30 semester hours). MA 116 College Algebra is prerequisite to the program. Students are expected to acquire basic competence in the business use of spreadsheets either by course work or by self-study early in the foundation level program.
- The Foundation-Level Program
All students must show proficiency, normally through course work, in quantitative methods, accounting, and the core areas of business, including financial analysis and markets, domestic and global economic environments, the creation and distribution of goods and services, and human behavior in organizations. Students in many other majors receive partial foundation-level credit. Students with baccalaureate degrees in business from schools following the national pattern will be given credit for much of the foundation-level program. The MBA-level courses numbered 520 to 529 and BU 250 Management Information Systems meet the foundation-level requirements.
The Director of Graduate Programs will determine the suitability of undergraduate or graduate course work to satisfy these foundation-level requirements. Initial determination as to whether or not courses taken elsewhere meet foundation-level requirements can be made during the admission process to the MBA program. Students planning to take additional course work prior to application to the MBA program should consult with the Director of Graduate Programs/MBA Advisor to determine which courses at Washburn University and elsewhere meet these requirements.
- The Upper-Level Program
Thirty semester hours beyond the foundation-level courses must be completed by all students.
|BU 250||Management Information Systems||3|
|AC 524||Accounting Concepts||3|
|BU 522||Quantitative Methods I||3|
|BU 523||Quantitative Methods II||3|
|EC 525||Economic Environment||3|
|BU 526||Survey of Finance||3|
|BU 527||Marketing Concepts||3|
|BU 528||Production and Operations Systems||3|
|BU 529||Human Behavior in Organizations||3|
|Required Upper-Level Courses|
|EC 652||Managerial Economics||3|
|AC 654||Management Accounting Analysis||3|
|BU 655||Financial Strategies||3|
|BU 656||Computer-Based Information Systems||3|
|BU 657||Strategic Marketing Management||3|
|BU 658||Managerial Skills/Professional Experiences||3|
|BU 659||Strategic Analysis||3|
|Upper-Level Course in Global Perspectives|
|Select one of the following:||3|
|International Financial Strategy|
|Upper-Level Electives 1|
|Complete two upper-level electives||6|
Students should consult with the Director of Graduate Programs/MBA Advisor as to the availability of these electives.
|BU 616||Commercial Transactions||3|
|BU 653||Product Systems||3|
|BU 671||Legal and Ethical Issues||3|
|BU 674||International Business||3|
|BU 677||International Financial Strategy||3|
|BU 678||International Marketing||3|
|BU 683||Venture Creation||3|
|BU 684||Mergers, Acquisitions, Ethics||3|
|BU 685||Business Intelligence Systems||3|
|BU 696||Research Project in Business||3|
|BU 698||Special Topics/Business||3|
MBA Program Closure Experience
The closure experience will provide the student an opportunity to synthesize the academic information that has been contributed to their academic portfolio. The closure experience will take place in the capstone course, BU 659 Strategic Analysis. This course has as its focus strategic decision making in a simulated business environment. The course requires the students to produce both written and oral presentations requiring them to utilize the content of their prior MBA course work to explain the strategic decisions they made in the simulated business environment.
In addition to the written and oral presentations, students in BU 659 Strategic Analysis will take the Major Field Test for Master of Business Administration (MFT-MBA). The exam contains 124 multiple-choice questions, half of which are based on short case-study scenarios. Most of the questions require knowledge of specific information drawn from four content areas: marketing, management, finance, and managerial accounting. Some questions require strategic integration skills—the ability to integrate knowledge of two or more content areas. The test also includes questions that focus on international business, information technology, the legal and regulatory environment, business ethics and social responsibility, quantitative analysis, and managerial economics.
A unique feature of MFT-MBA design is the capability of measuring critical thinking ability—that is, the test assesses the ability to:
- analyze and interpret data.
- apply concepts and ideas.
- analyze theories and relationships deductively and inductively.
The exam is a standardized exam taken by over 300 schools that offer the MBA degree. The MFT-MBA exam is used to provide information to both the MBA faculty and students on their level of academic achievement relative to the other MBA degree granting schools that participate in the MFT-MBA exam.
In addition to the capstone course, BU 659 Strategic Analysis and the MFT-MBA exam, each student is required to write a reflective essay during finals week of the student’s graduation semester. This essay is a response to a series of questions in which the student evaluates the MBA Program Goals. For each question, the student is required to write a paragraph to explain his/her response.
The purpose of the reflective essay is help the student recognize that the student’s work fits into a coherent whole. It helps the student appreciate that upper-level courses had an overall purpose and were not simply random selections. The reflective essay also allows the student to evaluate how well the Washburn MBA experience met student expectations.