MBA?
WHY EARN AN
Earning an MBA
provides individuals with greater career opportunities. An MBA is a versatile degree that opens the door to a number of different positions within a wide-range of organizations making finding the right job easier. MBA degree holders graduate with a well-rounded set of skill and knowledge in the areas of finance,management, accounting, marketing, international business and entrepreneurship.
Career advancement is a significant benefit to receiving an MBA. Research shows that individuals with an MBA move up the promotional ladder quicker than those without one. Individuals with an MBA have a greater lifetime earnings potential. Statistics show that graduates of an MBA program have the ability to earn significantly more than those with a bachelor’s degree. SVSU’s low tuition rate coupled with a higher lifetime earnings potential makes earning an MBA a greater return on your educational investment.
MBA degree holders advance into career positions including, but not limited to, financial analyst, financial officer, investment banker, human resource manager, operations manager, supply chain manager, accountant, controller, financial accounting consultant, project manager, information technology manager, marketing manager, public relations specialist, communications specialist, advertising executive, marketing analyst, international relations specialist, business owner, and CEO.
Don’t take our word for it . . .
Cass Ferris
had thought a long time about returning to school and getting his MBA; it was something he always wanted to do. But for many years, that little voice in his head gave him excuses to put it off – “I’ve been out of school too long” … I’ll have to take the GMAT; what if I don’t pass?” …. “The kids are too young.” … “I already have a full-time job; how in the world will I find the time for graduate school?”Sometime after Cass obtained employment with Morley Companies in 2001, a new voice, a louder voice told him it was time. Cass studied for the GMAT, reminded himself of the convenience of SVSU’s location to his home and work, noted that the classes were all held in the evening, and enrolled in SVSU’s MBA program.
Why SVSU’s MBA:
At the start, the simple fact that SVSU was so convenient was a big reason behind Cass’s choice. That and the fact that he had a solid undergraduate experience at SVSU in the College of Business and ManagementCass Ferris
MEET
(1989, B.B.A., bachelors of business management; management major, economics minor) suggested to him that the value of an SVSU MBA degree would serve him well. Ultimately, that value was so much more than convenience and a degree. Thanks to the global diversity in his classes, Cass was able to see things through different cultural lenses. Additionally, the graduate level work enabled him to “engage in different kinds of thinking. Conceptual thinking was exciting,” he notes. Learning to apply concepts to the workplace, thinking more broadly and critically, and looking at different applicable options of theory to business were some of Cass’s greatest experiences.
A Non-Traditional Student:
Cass confesses that as he entered the program, he approached the first class with mild expectations. He thought, “I have had 20 years of experience in business; what am I going to learn?” Looking back, Cass laughs and says “it took 10 -15 minutes for me to realize that the [business] world is so much bigger than what I had ever thought or been exposed to; almostimmediately, my horizons were expanded.”
Expectations Met/Expectations
Exceeded:
Cass completed his MBA in 2006 and has stayed connected to the College of Business & Management. He has served on the College’s Advisory Board and forged a personal friendship with George Puia, associate dean of the College and Dow Chemical Company Centennial Chair in Global Business.The Master of Business
Administration (MBA)
program prepares students with the knowledge necessary to become leaders in profit and nonprofit organizations operating in a complex global economy.The objective of the MBA program is to produce graduates who:
• Have a comprehensive view of the firm
• Are able to use appropriate methodologies and tools for analyzing data to support managerial decisions
• Have the creative and critical thinking skills necessary for strategic decision making and effective problem solving • Effectively communicate ideas and lead a team
• Identify the impact of demographic diversity and the influence of ethical, political, social, legal environmental and global issues on organizations
For a more specialized MBA, concentrations are available in accounting, finance, economics, entrepreneurship, manage-ment, international business and marketing.
ACCREDITATIONS
The College of Business & Management is accredited by the AACSB-International (Association to Advance Collegiate Schools of Business-International). AACSB-International accreditation is the premier standard of achievement for business schools. Less than 5% of all schools of business worldwide are AACSB accredited. SVSU is one of the only business school located in the Great Lakes Bay Region with AACSB-International distinction. Because of this accreditation, you can be assured that you will receive a top-notch business education at SVSU.
ADMISSION REQUIREMENTS
A completed Application for Graduate Admission including the non-refundable $30 application fee and the following:
• GPA* X 200 + GMAT ≥ 1050 and GMAT ≥ 450 • Official copies of all undergraduate and graduate
transcripts
• Results of the Admission to the MBA test given by the College of Business and Management or the official results of the Graduate Management Admissions Test (GMAT) • A current résumé
• A one-page statement of accomplishments and academic goals
• Two letters of professional recommendation
• INTERNATIONAL STUDENTS
must complete the International Student Application for Graduate Admission including the non-refundable $80 application fee, all items listed above, as well as:• Applicants whose native language is not English must demonstrate competence in English. The College accepts a score of 550 or higher on the Test of English as a Foreign Language (TOEFL) or a passing score on an alternative test determined by the college. SVSU’s English Language Program is available for students without a TOEFL score of those with a TOEFL score below the required minimum. Successful completion of the English Language Program does not guaranteed acceptance to a graduate program at SVSU. • Evidence of financial support
DATES & DEADLINES
SVSU does not have a formal application deadline for domestic students; however, early submission is encouraged to ensure adequate processing time and course availability. Applicants seeking financial aid must apply at least two months prior to the start of the semester. International students are required to apply at least two months in advance of the start of a semester to ensure adequate time to process appropriate paperwork.
Fall Semester
Dates: Late August to Mid-December Advanced Registration: April
International Student Application Deadline: July 15
Winter Semester
Dates: Early January to Late April Advanced Registration: November
International Student Application Deadline: November 15
Spring Semester
Dates: Early May to late June Advanced Registration: March
International Student Application Deadline: April 15
Summer Semester
Dates: Late June to Early August Advanced Registration: March
International Student: Summer Admission not available
CONTACT
College of Business & Management Phone: (989) 964-4064
Fax: (989) 964-7497 Email: cbmdean@svsu.edu
MASTER OF BUSINESS ADMINISTRATION
DEGREE REQUIREMENTS
The MBA program consists of a core of 31 credits, plus three graduate level business elective courses. Electives will be scheduled based on faculty availability. Students lacking the appropriate undergraduate course work in business
administration and economics or who are deficient in certain functional areas of business administration or other basic skills, may be required to take additional basic skills or foundation course work.
Foundation Courses
(6 credits, unless waived) - Foundation courses will be taught onlineECON 536 Statistical Methods 2 cr LAW 508 Legal Environment of Business 2 cr MGT 528 Foundations of Management Information
Systems 2 cr
Business & Management Core
(31 credits) - Core courses will be taught as hybrid coursesACCT 611 Financial Accounting Concepts 2 cr ACCT 612 Managerial Accounting 2 cr CBM 600 Global Business 2 cr CBM 639A Business Process Design and Management 2 cr CBM 639B Global Supply Chain Management 2 cr CBM 695 Strategic Management of Global Corps 3 cr ECON 650A Managerial Macroeconomics 2 cr ECON 650B Managerial Microeconomics 2 cr FIN 604A Introduction to Managerial Finance 2 cr FIN 604B Advanced Managerial Finance 2 cr MGT 601 Social Responsibility & Ethics 2 cr MGT 621A Foundations of Organizational Behavior 2 cr MGT 621B Leadership and Organizational Behavior 2 cr MKT 631A Integrated Marketing Management Concepts 2 cr MKT 631B Applied Integrated Marketing Management 2 cr
Electives
(6 – 9 credits)Choose three 600-level business elective courses. If all three courses are taken in the same subject area, a concentration is earned. It is not necessary to have all three electives in the same discipline.
Pre-MBA
Basic skills required of entering MBA students include competency in mathematics and written English, and
computer literacy. Mathematics competency is required to the level of advanced college algebra or precalculus. Competency in written English should equal or exceed the level required of an upper level undergraduate writing course. Demonstration of computer literacy includes knowledge of basic spreadsheet operations, word processing, and data base manipulation. Deficiencies in the basic skills are to be remedied by taking appropriate course work as determined by the College of Business and Management prior to taking MBA course work.
Certificate in International Business
Students wishing to earn a Certificate in International Business must take five courses with a minimum of 12 credits from a minimum of four functional areas. These courses may be used simultaneously to satisfy the three courses of “Electives” required for the MBA. Students who already have obtained an MBA and who desire to obtain a Certificate in International Business may do so by completing the courses that are not part of their official transcripts. The certificate will be awarded upon completion of the requirements. Additional
international business special topics courses can be
designated as satisfying certificate requirements prior to the time the courses are offered.
ACCT 619 International Accounting 2 cr ECON 641 International Trade Policy 3 cr FIN 607 International Finance 3 cr LAW 608 International Legal Environment 3 cr MGT 629 International Management 3 cr MKT 633 Global Business-to-Business Marketing 3 cr MKT 636 Multinational Marketing 3 cr SOC 650 Cross-Cultural Relations 3 cr
Concentration in Entrepreneurship
Students wishing to pursue a concentration in
entrepreneurship must take MGT 643 (Entrepreneurship and New Venture Creation) and MKT/ETM 645 (From Invention to the Market), plus one of the following courses: FIN 603 (Financial Entrepreneurship) or MGT/ETM 646 (Research Project on an Invention). Students must also submit their business plan to a competition for evaluation.
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