Duluth campus
 
Duluth Campus

Business Administration M.B.A.

Labovitz School of Business & Economics - Adm
Labovitz School of Business and Economics
Link to a list of faculty for this program.
Contact Information
Labovitz School of Business and Economics, 219 LSBE, 1318 Kirby Drive, Duluth, MN 55812 (218-726-7440; fax: 218-726-6936)
  • Program Type: Master's
  • Requirements for this program are current for Fall 2017
  • Length of program in credits: 32
  • This program requires summer semesters for timely completion.
  • Degree: Master of Business Administration
Along with the program-specific requirements listed below, please read the General Information section of this website for requirements that apply to all major fields.
The Labovitz master of business administration (MBA) program in Duluth is designed to meet the needs of those who would like to pursue a graduate management education either full-time or part-time. Part-time students can complete all program requirements in two to three years by taking evening courses (6:00 - 8:40 p.m.). Full-time students can finish the program in 12 months by taking a mix of day and evening courses. The MBA program in Rochester is designed primarily to meet the needs of those who are currently employed full-time in professional managerial careers and who would like to pursue a graduate management education while continuing to work. Most courses offered in Rochester meet from 3:00-9:30 p.m. on Fridays, and 8:00 a.m.-12:30 p.m. on Saturdays every other week over a period of 7 weeks. It is possible to enroll in the program on a full-time basis by registering for 6 or more credits per semester. The Labovitz MBA is one of six in the entire state and the only Associate to Advance Collegiate Schools of Business International (AACSB) accredited program in Northern Minnesota. This accreditation means a rigorous review process and ongoing evaluations of faculty qualifications, curriculum, continuous improvement processes, assessment practices, and student and faculty resources. Only five percent of business schools worldwide are able to achieve this accreditation, which guarantees the MBA meets the highest criteria established by the management education community.
Accreditation
This program is accredited by the Association to Advance Collegiate Schools of Business International (AACSB).
Program Delivery
  • via classroom (the majority of instruction is face-to-face)
Prerequisites for Admission
The preferred undergraduate GPA for admittance to the program is 3.00.
All applicants must have an earned bachelor's degree from a regionally or nationally accredited college or university. Waivers of this requirement will only be permitted under special circumstances.
Special Application Requirements:
The earned bachelors degree required may be waived only for students who are currently undergraduates in the Labovitz School and applying through the Integrated Undergraduate/Graduate (IUG) Option. The preferred undergraduate GPA for admittance to the program is 3.0 (on a 4-point scale). Students who are currently undergraduates in the Labovitz School must have a minimum 3.3 GPA in order to be accepted into the IUG Option. A GRE or GMAT score is required for all applicants except: *Applicants who have successfully passed the CPA exam; *Applicants to the PharmD/MBA Dual Career Program who have completed the PCAT with percentile scores at or above the 50th percentile in the three sections of PCAT related to quantitative ability, verbal ability, and reading comprehension; *Applicants with an earned undergraduate degree from the Labovitz School or those who have been accepted into the program through the IUG Option; *Applicants with a prior graduate degree from an accredited institution (see college for specific details). A holistic review of GPA, GRE/GMAT score, prior work experience and other relevant factors is undertaken to determine admission eligibility. Other requirements to be completed before admission: Students need to demonstrate competency in mathematics as well as the business foundation areas of Accounting, Economics, Financial Management, Human Resource Management, Marketing, Operations Management, Organizational Management, and Statistics through BUS or PMBA courses, other undergraduate business coursework, or competency tests. Students must consult with the MBA Director to determine competency fulfillment.
Applicants must submit their test score(s) from the following:
  • GRE
  • GMAT
  • PCAT (only for PharmD/MBA Dual Career students)
International applicants must submit score(s) from one of the following tests:
  • TOEFL
    • Internet Based - Total Score: 79
    • Internet Based - Listening Score: 19
    • Internet Based - Writing Score: 21
    • Internet Based - Reading Score: 19
    • Internet Based - Speaking Score: 20
    • Paper Based - Total Score: 550
  • IELTS
    • Total Score: 6.5
  • MELAB
    • Final score: 80
Key to test abbreviations (GRE, GMAT, TOEFL, IELTS, MELAB).
For an online application or for more information about graduate education admissions, see the General Information section of this website.
Program Requirements
Plan C: Plan C requires 32 major credits and 0 credits outside the major. There is no final exam.
This program may not be completed with a minor.
Use of 4xxx courses toward program requirements is permitted under certain conditions with adviser approval.
A minimum GPA of 2.80 is required for students to remain in good standing.
The MBA program requires completion of 32 MBA credits. The graduate-level coursework consists of 20 semester credits in the functional areas of business and its supporting areas, plus a 3-credit capstone strategic management course. In addition, all students must complete 9 credits of electives. The MBA program expects students to maintain a 2.8 GPA through completion of the program. A cumulative GPA of 2.8 is required for graduation.
Core Coursework (20 cr)
MBA 8111 - Business Ethics (2.0 cr)
MBA 8211 - Data Analysis and Statistics for Managers (2.0 cr)
MBA 8311 - Decision Making in Operations (3.0 cr)
MBA 8501 - Accounting for Decision Making and Control (3.0 cr)
MBA 8512 - Managerial Economics (2.0 cr)
MBA 8611 - Financial Management and Decision Making (3.0 cr)
MBA 8711 - Strategic Marketing Management (3.0 cr)
MBA 8811 - Human Resource Challenges (2.0 cr)
Capstone Requirement (3 cr)
Can only be taken after MBA 8311, 8501, 8611, 8711 and 8811 are taken.
MBA 8411 - Strategic Management (3.0 cr)
Electives (9 cr)
These are normally fulfilled by taking designated 1 - 3 credit electives at the 4xxx, 5xxx, or 8xxx level. Students can also choose from the following:
MBA 8994 - Directed Research (1.0-6.0 cr)
MBA 8995 - Special Topics: (Various Titles to be Assigned) (1.0-3.0 cr)
Program Sub-plans
A sub-plan is not required for this program.
Students may not complete the program with more than one sub-plan.
Rochester
UMD Rochester
 
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View college catalog(s):
· Labovitz School of Business and Economics

View sample plan(s):
· Business Admin MBA Sample Plan
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MBA 8111 - Business Ethics
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall & Spring
How cultural, political, global, legal, and economic factors impact business activities. Issues of business ethics and social responsibility. prereq: MBA student or college consent
MBA 8211 - Data Analysis and Statistics for Managers
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall & Spring
Applications of business statistics, data analysis, and presentation of results. Research process and design, data collection, measurement concepts, sampling design, use and interpretation of statistical techniques, research ethics, reporting, and evaluating research finding. Focus is on the managerial use and interpretation of research results. pre-req: ECON 2020 or 2030 or BUS 2500 or PMBA 2500 equivalent; MBA student or college consent
MBA 8311 - Decision Making in Operations
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall & Spring
Examines managerial decision making in operations problems, including application of quantitative analysis and use of computers for production of goods or services in any type of organization. Investigates concepts and techniques related to the design, planning, control, and improvement of manufacturing and service operations. Covers topics in the areas of inventory management, capacity planning, forecasting, management of service systems, and quality control. prereq: MGTS 3301 or BUS 2300 or PMBA 2300 or equivalent, MBA student or college consent
MBA 8501 - Accounting for Decision Making and Control
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall & Spring
Interpreting and using accounting information for managerial decision-making. Explores motivations related to creating financial statement and an understanding.appreciation of accounting information. Also examines the strengths and limitations of an organization's accounting system. pre-req: ACCT 2001, 2002 or BUS 2100 or PMBA 2100 or equivalent, MBA student or college concent
MBA 8512 - Managerial Economics
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall & Spring
Application of economic theory and economic methodology to managerial decision making. Supply and demand, production, consumer behavior, business and economic forecasting, pricing and marketing strategies under differing competitive conditions, government's role, and the global market. prereq: Econ 1022 and Econ 1023 or equivalent, MBA student or college consent
MBA 8611 - Financial Management and Decision Making
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall & Spring
Overview of fundamental concepts and principles of financial management and how these analyses are implemented by financial managers in making strategic financial decisions in a corporate setting. Topics include developments in capital market theory, capital budgeting analysis in terms of the NPV and real options approaches, costs of capital, long term financing, capital structure analysis and international financial strategies. prereq: FMIS 3601 or BUS 2600 or PMBA 2600 or equivalent, MBA student or college consent
MBA 8711 - Strategic Marketing Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall & Spring
Planning, implementation, evaluation, and control of organizational marketing activities. This process includes environmental market analysis in order to achieve competitive advantage and effective resource allocation. prereq: Mktg 3701 or or BUS 2700 or PMBA 2700 or equivalent, MBA student or college consent
MBA 8811 - Human Resource Challenges
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall & Spring
Overview of contemporary human resource issues, human resource systems, procedures, and decisions that guide effective, efficient, and equitable management of people in organizations. prereq: MGTS 3401 or BUS 2400 or PMBA 2400 or equivalent and MBA student or college consent
MBA 8411 - Strategic Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Spring & Summer
Formulation of corporate and business strategies that results in a sustainable competitive advantage through identifying opportunities and threats, as well as resources and capabilities of an organization. Develop an overview of levers to implement these strategies. Develop integrative thinking of applying knowledge of all functional ares of business to implement the strategies in order to achieve long-term performance of the overall organization. prereq: 8311, 8501, 8611, 8711, 8811, MBA student or college consent
MBA 8994 - Directed Research
Credits: 1.0 -6.0 [max 6.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall, Spring & Summer
Directed research. prereq: MBA student, college consent
MBA 8995 - Special Topics: (Various Titles to be Assigned)
Credits: 1.0 -3.0 [max 8.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Special topics on or integrative, interdisciplinary study of problems in accounting, economics, and business administration. prereq: MBA student or department approval