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, 385 LSBE, 1318 Kirby Drive, Duluth, MN 55812 (218-726-7757; fax: 218-726-7578)
  • Program Type: Master's
  • Requirements for this program are current for Spring 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 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. The program offers courses in both Duluth and Rochester. Most courses offered in Duluth meet one evening per week from 6:00-8:40 p.m. during the 15 weeks of the semester. Most courses offered in Rochester meet from 3:00-9:30 p.m. on Fridays, and 8 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 five in the entire state and the only Association to Advance Collegiate Schools of Business International (AACSB) accredited program in Duluth. 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.
Recent business coursework may be used to waive foundation courses. The GMAT is waived for CPAs or applicants with a graduate degree from an accredited institution. See college for specific details.
Other requirements to be completed before admission:
Students need to demonstrate competency in the business foundation areas of accounting, economics, operations management, organizational management, statistics, financial management, and marketing through BUS or PMBA courses, other undergraduate coursework, or competency tests. Students must consult with the MBA director to determine competency fulfillment.
Special Application Requirements:
Applicants must submit their score from one of the following exams, taken within the past five years: 1) GMAT, 2) GRE or, 3) in the case of students applying for the Pharm.D. "Dual Career" program, the PCAT. A score of 550 on the GMAT (or equivalent) is desired, although the program will evaluate the complete application (including undergraduate GPA, GMAT score, the number of years of full-time work experience, professional goals, and completion of formal education or training in foundation/prerequisite areas) as part of the admission decision.
Applicants must submit their test score(s) from the following:
  • GRE
  • GMAT
    • Total score: 550
  • PCAT
International applicants must submit score(s) from one of the following tests:
  • TOEFL
    • Internet Based - Total Score: 79
    • Internet Based - Writing Score: 21
    • Internet Based - Reading Score: 19
    • Paper Based - Total Score: 550
  • IELTS
    • Reading Score: 6.5
    • Writing Score: 6.5
  • MELAB
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 curriculum is structured to be a general MBA program. The graduate-level coursework consists of 21 semester credits in the functional areas of business and its supporting areas, plus a 3-credit capstone policy/strategy course. In addition, all students must complete 8 credits of MBA-level electives, with a minimum of 2 of the elective credits to be cross-functional courses. 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 (21 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 (8 cr)
At least two credits must be of a cross-functional nature. These are normally fulfilled by taking designated 1-credit cross-functional electives offered regularly.
Take 8 or more credit(s) 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)
· Additional coursework must be at the 4xxx, 5xxx or 8xxx level.
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
 
More program views..
View college catalog(s):
· Labovitz School of Business and Economics

View future requirement(s):
· Fall 2017

View sample plan(s):
· Business Admin M.B.A. 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