Master of Business Administration Prerequisites
Prerequisite courses are offered in the evening and most students who need prerequisites choose to start the MBA and take them in tandem with their graduate work. Prerequisites are usually met with an undergraduate degree in business or business minor. To meet the core requirements, all courses need to be completed with a grade of C or better.
- Principles of Accounting (waived in lieu of 6 hours of undergraduate accounting)
- Applied Quantitative Methods (waived in lieu of 6 hours of undergraduate statistics or quantitative analysis)
- Principles of Economics (waived in lieu of 6 hours macro and microeconomics)
- Essentials of Finance (or equivalent)
- Management Information Systems (or equivalent)
- Principles of Marketing (or equivalent)
AC 4500. Principles of Accounting (3) Course provides a foundation for students with no prior accounting experience. Financial and management basics are taught, but the emphasis is upon attainment of an overall understanding of the field. General topics include the preparation and interpretation of basic financial statements and the use of accounting information for managerial decision-making. Specific topics include the balance sheet, income statement, statement of cash flows, cost behavior, cost-volume-profit analysis, and relevant cost analysis. Waived in lieu of six hours of undergraduate accounting. This course cannot be taken by BSBA majors to apply toward the BSBA degree requirements. Prerequisite: Junior standing or post-baccalaureate pre-MBA student.
EC 4500. Applied Quantitative Methods (3) Course introduces applied concepts in mathematical analysis, statistics, and spreadsheet application. The focus is on providing a background in the quantitative methodology used in areas such as economics, finance, operations management, marketing, and management. Major topics include linear and non-linear functions, linear programming and statistical concepts. Waived in lieu of six hours of undergraduate statistics and quantitative analysis. This course cannot be taken by BSBA majors to apply toward the BSBA degree requirements. Prerequisite: Junior standing or post-baccalaureate pre-MBA student.
EC 4550. Principles of Economics (3) Course examines major topics including role of the price system, the factors which impact prices in resources and product markets, determinants of price level and national income, and the effects of governmental stabilization policies. Waived in lieu of six hours of macro and microeconomics. The course cannot be taken by BSBA majors to apply toward the BSBA degree requirements or by BA in Economics majors to apply towards the BA in Economics. Prerequisite: Junior standing or post-baccalaureate pre-MBA student.
FN 3000. Essentials of Finance (3) An introduction to the important areas of corporate managerial finance. Emphasis is placed upon developing an understanding of the tools and methodologies available to the financial manager for decision making in such areas as capital budgeting, working capital management, capital structure and profit planning and control. Prerequisites: AC 2000 & AC 2100 or AC 4500; EC 2000 or EC 2050; EC 2100 or EC 2150 or EC 4550; statistics or EC 4550; BUS 1800; junior standing.
BUS 3100. Management Information Systems (3) This course provides an historical and evolutionary introduction to management information systems, what they are, how they affect the organization and its employees, and how they can make businesses more competitive and efficient. Managing information requires understanding, designing, and controlling the information processing activities of an organization. This course focuses on the management of information and explores how firms (a) gather, (b) represent, (c) process, and (d) distribute information and knowledge to employees and customers. A sample of the topics covered in the course includes business intelligence, knowledge management, knowledge-worker productivity, data modeling, and group decision support systems.
MK 3000. Principles of Marketing (3) This course briefly covers all the aspects of marketing that are covered in depth in the subsequent marketing courses. The student is introduced to marketing's 4Ps (Product, Price, Promotion, and Physical Distribution) something that everyone needs to know, no matter the career choice made. In this course you will learn the essential marketing vocabulary, basic principles and concepts, and how to use these principles when running your own business or working in an organization. The text is very important in this course and the student's learning is aided through the use of videos, presentations, class activities and discussions. Prerequisite: junior standing.