May 27, 2020
Master of Business Administration
An MBA is designed for those students who are interested in managerial careers – for those with leadership aspirations and abilities. Specific program objectives include:
- acquisition of managerial-level knowledge of and skills in economics, financial reporting and analysis, operations, strategic use of science and technology, and creating customer and societal value in the global arena;
- acquisition of managerial-level knowledge of and skills in creativity and innovation, leadership and team-building, ethics and law;
- acquisition of managerial-level knowledge of and appreciation for the global implications of all business decision-making.
Applicants to all MBA programs must have:
- An undergraduate degree from an accredited college or institution.
- A Graduate School application for admission and the appropriate fee.
- An official transcript from each college or university attended.
- Applicants must present an acceptable score on a recent (five years or less) Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE). Official GRE or GMAT scores are required for admission. Admission is competitive based on standardized test scores, cumulative grade point averages, (etc.).
- A current resume
- A personal statement of interest
- Response to the required essay questions (available at http://www.mba.memphis.edu)
- Two letters of recommendation
A separate application and additional information materials must be submitted for admission to the Executive concentration (www.memphis.edu/executivemba/) , the International MBA (www.memphis.edu/internationalmba/), or the CD-MBA concentration (www.memphis.edu/cdmba/). Business experience requirements include one year work experience for the MBA and at least five years professional or managerial experience for the Executive concentration.
Arrangements for taking the GMAT can be made by using www.mba.com. Arrangements for taking the GRE can made by writing to the Educational Testing Service, P.O. Box 6000, Princeton, New Jersey 08541-6000, by calling 1-866-473-4373, or by using www.ets.org.
Registration packets for the GRE may be obtained from the Testing Center on campus in John W. Brister (JWB) Hall room 112.
Applicants with at least five years of managerial experience may choose to submit a portfolio of professional accomplishments in lieu of a GMAT or GRE score. An admissions committee will review each applicant’s portfolio of professional accomplishments to decide if a GMAT/GRE waiver is warranted. If an applicant’s portfolio is not adequate to warrant a GMAT/GRE waiver, that applicant will be asked to submit a GMAT or GRE score, as per standard admission procedure. Applicants who request a GMAT/GRE waiver must submit their portfolios to the department academic advisor.
Qualified applicants may enter the MBA or the MBA with Law concentration in either the Fall or Spring semesters, while admission to the International MBA, the MBA with Executive concentration, and the CD-MBA is for Fall only.
MBA Preparatory Knowledge
Students entering the MBA programs are expected to be fluent in the language of business; students are expected to have a working understanding of key concepts in economics, finance, and accounting. In addition, students are expected to have a working proficiency in statistics. If students have deficiencies in the basic concepts and skills of business, they may be counseled (by the MBA Program Director and/or the MBA program staff) to take preparatory courses and/or secure self-paced review materials. There are no prerequisite courses to the MBA programs.
MBA Program Requirements
Each candidate for an MBA degree must complete a minimum of 33 semester hours of course work that include 30 hours of Core Knowledge and Skills. Students who desire a concentration are required to take an additional 15 hours of coursework beyond the 30 hour Core as per the specifications of each concentration. Students who do not desire an MBA concentration are required to take a 3 hour elective (approved by the MBA Program Director) beyond the 30 hour Core.
Core Knowledge and Skills (30 hours):
MBA with Concentration in Law (MBA/JD)
Core Knowledge and Skills courses are identical to the MBA program. Electives for this concentration are offered through the Cecil B. Humphreys School of Law and must be approved by the Director of MBA Programs in the Fogelman College. For JD/MBA students, the director of the MBA program will have the discretion to approve course substitutions of up to 9 credits from the following list of courses offered by the law school:
- Administrative Law (311)
- Antitrust (318)
- Arbitration/Labor (315)
- Banking Law (385)
- Bankruptcy Reorganization Seminar (442)
- Business Organizations II (319)
- Commercial Paper (323)
- Corporate Finance (384)
- Debtor-Creditor Relations (327)
- Employment & Labor Law Seminar (443)
- Environmental Law (328)
- Environmental Law Seminar (438)
- Comparative Law Seminar (441)
- Immigration Law (337)
- Labor Law (343)
- Land Use Planning (344)
- Non-Profit Organizations (370)
- Problems in Bankruptcy (354)
- Partnership Tax (352)
- Realty Transactions (358)
- Sales (359)
- Securities Regulations (361)
- Unfair Trade Practices (366)
- International Finance (338)
- International law (340)
- Transnational Legal Problems (365)
To facilitate customization, students are encouraged to consult with the director of the MBA program to add to this list in order to complement their desired course plan.