Graduate School Catalog 2009-10
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MASTER OF BUSINESS ADMINISTRATION (MBA)
EXECUTIVE MASTER OF BUSINESS ADMINISTRATION (EMBA)

MBA

Admission to the MBA program is contingent upon the applicant having a bachelor's degree from an accredited institution and a background and grade performance indicating success at the graduate level. In addition, performance on the Graduate Management Admissions Test (GMAT) is used in evaluating an applicant.

Full Admission
The following minimum criteria must be met in order to be considered for review for admission to the MBA program:

  1. A bachelor's degree from an accredited institution.

  2. Approval of the Dean of the Graduate School and the Dean of the School of Business.

  3. A minimum undergraduate GPA of 2.70.

  4. A minimum GMAT score of 400.

  5. A minimum GPA/GMAT index of 1000 (formula: GPA x 200 plus GMAT score equals index).

Note:  Students whose undergraduate GPA equals or exceeds 3.5 may be exempted from taking the GMAT.

Undergraduate Prerequisites
Basic undergraduate preparation in Business Administration is a requirement for taking graduate courses leading to the MBA. A student with a Bachelor of Business Administration degree or its equivalent normally will have completed the basic courses needed. A student whose undergraduate degree is in another discipline can meet these requirements by completing courses in the following prerequisite areas:

Principles of Accounting

6

Hours

 

Principles of Economics

6

Hours

 

Management

3

Hours

 

Principles of Marketing

3

Hours

 

Business Finance

3

Hours

 

Business Law/Legal Environment

3

Hours

 

Business Statistics

3

Hours

 

Computing Systems

3

Hours

 

College Algebra or Math Analysis

3

Hours

 

TOTAL

33

Hours

 


As an alternative, a student can meet these prerequisites by demonstrating proficiency in these areas on an approved test. A student in the MBA degree program without proper prerequisites must earn a "C" or better in those prerequisite courses. The MBA Council may, upon recommendation of the MBA Director, require that the student repeat certain prerequisite courses taken as an undergraduate.

A student will not be admitted to candidacy for the MBA prior to having completed these prerequisites. No course may be taken for graduate credit without the proper prerequisite. However, courses in a particular field may be taken if the prerequisite for that field is satisfied even though the prerequisites for all areas have not been met.

Admission to Candidacy for MBA Degree
A student may be admitted to candidacy for the MBA degree upon meeting the following requirements:

  1. Completion of nine (9) to twelve (12) hours of graduate credit with a grade point of 3.00 or better.

  2. Completion of application form filed with the Dean of Graduate School.

  3. Completion of all undergraduate prerequisites as noted above.

The MBA Council
In those cases where a student feels an exception to these stated policies is warranted, the student may request that the MBA Council for the School of Business grant such an exception. The Dean of the School of Business and the MBA Council, consisting of the MBA Director and the MBA faculty members, will review such cases on an individual basis. Only under extraordinary circumstances will an exception be made.

The Master of Business Administration program is accredited by AACSB International-The Association to Advance Collegiate Schools of Business.

The MBA degree provides a strong foundation of courses targeted to develop the students' entrepreneurial skills while preparing them for successful careers in business, government, and not-for-profit organizations. In addition, the curriculum is designed to prepare students for further advanced study. The general requirements and curriculum are listed below.

Each student in the program will work with the MBA Director to design a program which will meet degree requirements. It is the student's responsibility to maintain appropriate contact with the MBA Director so that satisfactory progress toward degree completion will be achieved.

General Requirements for the Degree
The MBA degree is a thirty (30) hour non thesis program for persons with an undergraduate Business Administration degree from an accredited institution or possessing the specified prerequisites. No more than the first thirty six (36) hours of graduate credits will be used to determine the student's grade point average for graduation requirements.

A maximum of six (6) graduate hours may be transferred from another accredited college with the approval of the MBA Council of the School of Business.

A student will be dropped from the program when it becomes apparent that he/she cannot meet graduation standards for the MBA degree.

Curriculum
The MBA curriculum is composed of a set of eight core courses totaling twenty-four (24) hours of credit and two elective courses totaling six (6) hours of credit. The courses are clustered into two separate but interactive modules designed to develop the students' analytical, problem solving, research skills, and strategic management skills.

ANALYTICAL/RESEARCH MODULE

 

STRATEGIC MANAGEMENT MODULE

ACC 6123 Accounting for Business and Financial Management OR
ACC 6263 Accounting Theory

 

MGM 6123 Organizational Strategy

  

 

  

ECO 6213 Economic Analysis for Managerial Decisions

 

MGM 6183 Trends in Management

  

 

  

FIN 6113 Managerial Finance

 

BIS 6253 Strategic Information Systems

  

 

  

GBU 6023 Research  & Reporting In Business

 

MKT 6063 Marketing Seminar

 

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EMBA

The EMBA is patterned after the current MBA degree at HSU and is similar to many other existing EMBA degree programs.  However, a unique feature of the Henderson EMBA program is that courses will be offered in demand-driven formats that accommodate student needs, such as, accelerated delivery, on-line delivery, and cohort group enrollment.  Travel to professional conferences and corporate and government offices may also be an integral part of curriculum delivery.  Additionally, in lieu of completion of required prerequisite courses before admission, each EMBA course is comprised of coverage of both prerequisite course content and graduate course content.  Thus, each course covers 65 contact hours compared with 45 contact hours of traditional MBA courses.

Admission to the MBA program is contingent upon the applicant having a bachelor's degree from an accredited institution and a background and grade performance indicating success at the graduate level. In addition, performance on the Graduate Management Admissions Test (GMAT) is used in evaluating an applicant.  The GMAT is waived for any student who has verifiable 3 years experience as a manager.

Admission

To be eligible for admission to the EMBA program, potential students must present evidence of the following items: 

  1. An earned baccalaureate degree from an accredited university A satisfactory score on the GMAT (GMAT may be waived if the student has accumulated at least three years of full-time work experience) Three letters of recommendation, one from the employer verifying the work history if applicable.   Additionally, students that do not clearly meet or exceed all admission criteria may be required to submit additional materials to the School of Business MBA Council, such as results of a personal interview, in order to determine admission status.                

International students must earn a satisfactory score on the TOEFL to be eligible for unconditional admission to the EMBA program.  For international students, the MBA Council will consider the TOEFL score in conjunction with the student interview in determining eligibility of admission. The student should be aware that this program is conducted totally in English. Adequate skills in the language are mandatory for successful completion.

Curriculum
The EMBA is a ten-course, 30-graduate-hour, non-thesis program.  Students in the EMBA program should develop the following skills and competencies throughout the program:

  • Appreciation of the international culture                  

  • Entrepreneurial Thinking

  • Business Culture and Diversity                    

  • Communication Skills

  • Business Technical Acumen                        

  • Interpersonal Skills

  • Ethical responsibility in business

  • Social Responsibility                                     

  • Critical Thinking

CURRICULUM

The EMBA requires completion of ten courses (3 credit hours each):

  • Managerial Finance

  • Accounting for Business and Financial Management

  • Entrepreneurship

  • Economic Analysis for Managerial Decisions

  • Marketing Seminar

  • Organizational Strategy

  • Trends in Management

  • Strategic Information Systems

  • Leadership and Ethics

  • Researching and Reporting Business 

COURSE DESCRIPTIONS

EMB 6013.  Managerial Finance.  Financial Management addresses “real world” issues from both theoretical and practical standpoints for most types of businesses, proprietorships, partnerships, and corporations.  The specific objectives for the course include the following: 1) financial management of the firm with special emphasis on financial planning, capital budgeting, and cost of capital concepts; 2) an analysis of management aspects relating to the inflow and outflow of capital in business enterprise; and 3) practicing financial decision making through case methods.

EMB 6023.  Economic Analysis for Managerial Decisions.  An application of micro- and macroeconomic theories to managerial decision making including demand and cost analysis, theory of the firm, monetary policy and the Federal Reserve System with an emphasis on quantitative economic analysis.

EMB 6033.  Accounting for Business and Financial Management.  The application of accounting to firms in manufacturing, retailing, and service industries.  The course emphasizes using accounting information to make management decisions: includes analyzing financial statements, cost analysis, budgeting, and capital investment decisions.

EMB 6043.  Leadership and Ethics.  Analysis and development of leadership qualities.  The course focuses on inspiring coworkers and subordinates, how to empower employees, and how to build and use successful teams.  The course also examines issues related to corporate social responsibility and the concept and role of ethical behavior in a business setting.  

EMB 6053.  Trends in Management.  A seminar on selected concepts and theories in the field of management.  The purpose of the course is to examine recent developments in the field of management.

EMB 6063.  Marketing Seminar.  A seminar to provide a more comprehensive knowledge of marketing strategy and marketing program development.  Students will be required to solve business problems through case analysis and exposure to the marketing literature. 

EMB 6073.  Researching and Reporting in Business.  This course is designed to address practical business problems through the application of legitimate, empirical research procedures.  Problem work in the major forms of business research will be required, including primary research and the major sources of business information.  Both a team project and an individual project will be required with results in both oral and written forms.

EMB 6083.  Strategic Information Systems.  The course examines the various ways in which information technology (IT) can be leveraged by an organization for competitive advantage and addresses the issue of IT strategy and evaluation.  Attention is given to strategic implementation of technology, developing and maintaining secure and effective systems, and externally focused systems.  The format of the course includes lectures, case studies, and a term project evaluating the IT strategy of a real company. 

EMB 6093.  Organizational Strategy.  The course examines the key issues involved in formulating and implementing corporate strategies.  These issues are approached from the position of the general manager, who must analyze complex business situations and find realistic solutions to strategic and organizational problems.  The course merges various functional areas and provides students with a “total business” perspective on corporate and international strategy.  Students also receive an overview of contemporary business and its future.

EMB 6103.  Entrepreneurship.  This is an interdisciplinary course that encourages the development of the entrepreneurial spirit.  The general focus is on the fundamentals of starting and running a new business venture.  The course emphasizes the critical role of recognizing and creating opportunities.  The course objectives include: 1) to engage the student in the issues involved in the creation and development of a business venture; 2) to involve the student in the application of business techniques necessary to launch and effectively operate the business venture; and 3) to develop the student’s awareness of the power of innovation as it relates to the success in business.  During this course students will develop their integrative entrepreneurship project. 

 

 

 


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