Business Administration, M.B.A.

The MBA program is designed to prepare students with the necessary knowledge, skills, and tools to fully comprehend the theories and practices of business to include management, accounting, marketing, economics, leadership and human relations. Upon completion, students should possess the ability to apply what they have learned to managerial decision making, organizational strategy, and problem solving. Graduates should be prepared with the technical and soft skills necessary to serve their employer creating competitive advantage for the companies they serve.

Description of Program

Graduate studies in business at Bethel University lead to a Master of Business Administration (M.B.A.) degree, a professional degree for people involved in management and leadership.

Although most people enrolled in M.B.A. courses are pursuing a degree, special students not wishing to earn a degree may enroll in a maximum of nine semester hours of courses, provided that they meet the course prerequisites and space is available after degree students have registered.

The program consists of 36 hours of study beyond the baccalaureate degree and can be completed in 24 or more months of part-time study either online or face to face.

Format of Program

Courses are offered in an accelerated seven-week format, with a four-hour class session once per week in the evening from 6 to 10 PM or online. Each course carries three graduate hours of credit. Students are required to complete 36 hours (12 courses) to earn the M.B.A. degree. The format of the program enables students to continue full time work while enrolled.

The program format is flexible enough to allow students to begin their studies at any time during the academic year and suspend study for a session or semester if the need arises. Although some courses require specified competence for enrollment, rigid sequencing of courses is not a feature of the M.B.A. program. Thus flexible entry and egress are assured.

Admission Requirements

  1. A baccalaureate degree from a college or university accredited regionally with a 2.75 or higher GPA. Applicants with a degree from a non-accredited institution will be considered individually, and validating additional undergraduate course work or examinations may be required.
  2. Applicants with a GPA below 2.75 may be considered for provisional acceptance.  In such cases applicants are required to take the Graduate Management Aptitude Test (GMAT), score 425 or higher, and have scores sent to Bethel University. 
  3. Students entering the M.B.A. program must have completed at least one three credit hour course from a regionally accredited institution in each of the following areas: accounting, economics and college level math. Students should earn a grade of “B” or better in each of the three courses.
  4. Students whose native language is not English must score 540 or higher on the paper version, 207 or higher on the computer version, or 76 or higher on the internet version of the TOEFL.  Students who have earned a Bachelor's degree from a regionally accredited U.S. institution of Higher Learning are not required to take the TOEFL.

Through the admissions requirements Bethel University is seeking a clear indication based on transcripts, testing, written work, and interview that the applicant is able and desirous of pursuing graduate studies successfully. Qualified candidates are considered without regard to race, nation-al or ethnic origin, age, gender or physical handicap. Persons in underrepresented groups are especially encouraged to apply.

Application Procedures

  1. Complete an M.B.A. Admission Application from the Bethel University website.
  2. Applicants desiring financial aid should file a FAFSA.
  3. Request transcripts from bachelor granting institution and any graduate work completed.
  4. If so instructed by admissions counselor, take the GMAT test and indicate that the score is to be sent to Bethel University, Adult and Graduate Studies office.
  5. When all of the admission materials are on file, they are reviewed by the M.B.A. Admissions Committee, and the applicant is notified of the action taken.

Regular Admission is granted when it has been determined that the applicant has fully met the admission requirements for the M.B.A. degree program.

Conditional Admission may be granted at the discretion of the program director when the applicant does not fully meet the admission requirement but appears to have the potential to meet the requirements and to profit from graduate studies at Bethel University. Conditional admission requires that fixed procedures be followed to successfully achieve regular admission. If a student does not meet the conditions to achieve regular admission within the established time period, enrollment in the M.B.A. program will be terminated.

Special Admission may be granted by the program director for a student to enroll for credit in an individual course on the basis of a transcript and a personal interview. A maximum of nine hours of credit may be earned as a special student. If the student later decides to pursue the M.B.A. degree, all the regular admission requirements must be met.

Permission to Audit is granted by the program director upon consent of the professor teaching the course. The regular application fee is paid at the time the first course is audited. A graduate audit fee is paid for each course (see Tuition and Fees).

Transfer Students may be granted credit for graduate work at other institutions when the work is determined to be acceptable by the program director. Courses with a “B” or higher grade may be transferred, provided they have been taken with the last five years. A maximum of nine semester hours will be accepted toward the M.B.A. degree.

Undergraduate Bethel University Students may register in graduate courses for graduate credit, if space is available and provided they have completed at least 88 hours of undergraduate work, have a minimum GPA of 2.50, and have the permission of their academic advisor and the program director. Such courses may not apply for credit on both undergraduate and graduate degrees. A maximum of nine hours of graduate credit may be accumulated, to be applied to the M.B.A. degree upon completion of the baccalaureate degree.

Graduation Requirements

The following requirements must be met for Master of Business Administration candidates to graduate:

  1. Successful completion of the M.B.A. graduate curriculum with at least a 2.75 grade point average. At least 30 hours must be MBAD or MLED courses.
  2. The M.B.A. degree must be completed within seven years from the point of matriculation. Requests for extensions may be made in writing to the M.B.A. program director and are subject to approval of the academic vice president.
  3. All financial accounts must be fully paid to the university. Academic credit, transcript and diploma are withheld if the account is not paid in full.

Academic Information

Nine hours of academic work per semester are the minimum for full-time graduate enrollment, and fifteen hours are the maximum without special permission of the graduate dean. Full-time enrollment may be necessary for certain kinds of financial aid.

A student whose cumulative GPA is below 2.75 is placed on academic probation. Failure to raise the semester average to 2.75 or higher the following semester will lead to dismissal from the program. Courses for which a grade below “C-“ is received may not count as hours earned toward the degree. Graduate students are not eligible for academic honors based on GPA.

Financial Information

Graduate tuition and fees are available from the Graduate Studies Office or at the front of this catalog.

Financial aid to graduate students is generally in the form of loans from the government or from private lenders. Some businesses provide reimbursement to their employees, and applicants should contact the human resources department of their employer to determine eligibility for aid.

The office of student financial services can provide details concerning the most recent financial aid information.

Curriculum

The M.B.A. curriculum consists of 36 hours.

Required Courses

MBAD 503Management in Action

3

MBAD 506Global Business Environment

3

MBAD 511Human Resource Management

3

MBAD 513Marketing Strategy & Policy

3

MBAD 516Accounting and Managerial Decision Making

3

MBAD 520Managerial Economics

3

MBAD 523Values and Ethics in Leadership

3

MBAD 526Financial Analysis and Capital Budgeting

3

MBAD 527Legal Environment of Business

3

Total Credit Hours:27

Electives (Choose 3 courses for 9 credit hours)

MBAD 504Leadership Theory and Applications

3

MBAD 510Investments

3

MBAD 512Not-for-Profit Management

3

MBAD 519Economic Analysis & Policy

3

MBAD 529Contemporary Issues in Business Administration

3

MBAD 531Entrepreneurship

3

Total Credit Hours:9

Total Credit Hours: 36