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Master of Business Administration
Dr. Kenneth Heischmidt, Director Master Of Business Administration
(573) 651-2912, E-mail: kheischmidt@semovm.semo.edu
Program Objectives
The general track within the Master of Business Administration program develops the knowledge base, management skills and personal attributes that allow individuals to advance professionally in, and provide executive leadership to, their organizations. While able to accommodate students recently completing undergraduate studies in business, the program is especially organized to meet the professional goals of individuals holding responsible management positions in regionally important service industries, including financial and accounting services, health services and transportation services.
This program also is specifically designed for those individuals desiring exposure to contemporary management thought and practice that will contribute to their continued effectiveness and professional advancement. Individuals drawn from manufacturing and commerce, and other professionals promoted to management positions in their organization, will benefit from the general track because of its emphasis on developing the knowledge base, skills and attributes which are generic to the challenges confronting individuals in executive management positions.
Students completing the accounting track within the MBA Program will be academically qualified to sit for the national CPA examination. Additionally, students completing this program will have the academic preparation to meet the demands of careers in accounting services industry, including public accounting, industry accounting, not-for-profit accounting and accounting education. The program of study is designed to equip graduates with the breadth and depth of knowledge skills, and attitudes conducive to professional success and lifelong learning.
Admission
Individuals admitted to the MBA program must have an undergraduate degree from an AACSB accredited business program or have satisfactorily completed the equivalent course work from an accredited institution. Students without the foundation knowledge base in business and economics, yet meeting other admission requirements, may receive provisional admission to the MBA program. Regular admission status may be granted upon completion of prerequisite coursework. All international students must provide a TOEFL score of 550 (written) or 213 (computer).
Additional Admissions Criteria Prior to Fall 2001:
- Have a minimum 3.00 overall undergraduate Grade Point Average (GPA) or
- Score at least 1000 using the following formula:
When it is not possible to interpret academic eligibility by way of transcript, the graduate business program reserves the right to request further evidence such as the Graduate Management Admission Test (GMAT).
Additional Admissions Criteria Effective Fall 2001:
- GMAT score of at least 400
- Grade of at least "C" on all undergraduate foundation (prerequisite) courses required for regular admission to the MBA program.
All foundation (prerequisite) undergraduate courses need to be completed prior to enrollment in MBA required core or MBA elective courses.
Under extraordinary circumstances, students not satisfying the admission requirements outlined above may be admitted on a conditional basis upon the recommendation of the Graduate Programs Committee, the Director of the MBA program and endorsement of the Dean of the Donald L. Harrison College of Business.
Program Requirements
Students without an undergraduate degree in business must complete the following prerequisite coursework: Principles of Microeconomics, Principles of Macroeconomics, Introductory Statistics, Applied Calculus, Principles of Financial Accounting, Principles of Managerial Accounting, Management and Organizational Behavior, Principles of Marketing, Management Information Systems, and Financial Management. A grade of at least "C" is required on all undergraduate prerequisite courses for the MBA.
Students wishing to enter the accounting track should have completed an undergraduate degree in accounting at an accredited institution, or have satisfactorily completed courses in Intermediate Accounting I, Intermediate Accounting II, Income Tax, Cost, Accounting Information Systems, and Auditing.
Students in the MBA program must maintain a graduate GPA of 3.0 with no grade lower than a 'C'. Students not meeting the GPA and course grade requirements are subject to dismissal after a probationary period. Additionally, students are expected to make normal progress toward completing the MBA program. Students must satisfactorily complete a minimum of nine credit hours over a fall semester-spring semester-summer session period. For a part-time student, this means the program is a maximum of four years. Students not making normal progress are subject to dismissal.
Core Course Requirements
General Management Track Option
Accounting Track Option
Environmental Management Option
International Business Option
Exit Assessment
- BA657/AC657 Applied Research Project or Exit Examination
- Applied Accounting Research Project (AC657) is the required exit assessment for students in the accounting track. Students must enroll in GR699 during the semester in which they intend to graduate.
Course Descriptions
BA521: Issues in Small Business/Entrepreneurship
This course focuses upon the critical issues and challenges encountered at different stages in the processes of new venture initiation and growing privately-held companies. Prerequisites: Admitted to College of Business or MBA. (3 credit hours)
BA560: International Business Study Practicum
Provides a comprehensive theoretical overview of international business, along with an intensive overseas study tour of business and institutions. This course involves additional travel and accommodation expenses. Prerequisites: MK301 and MG301. (3 credit hours)
BA600: Management Communication and Leadership
This course will examine and apply management communication strategies to problems and issues of organizational leadership. Attention is given to communication skills that contribute to abilities to influence and shape decisions and the directions of groups in organizations. The course will also examine how to manage change, and will give attention to understanding the leadership approach required for continuous improvement. Prerequisite: Admission to MBA. (3 credit hours)
BA620: Quantitative and qualitative Research Methods
The course provides an analysis of the types, sources, methods, philosophy of business research and completion of a research project. Prerequisites: MG257 or equivalent and admission to MBA. (3 credit hours)
BA630: Integrated Decision Information Systems
Use of information system technologies to support decision making. Topics include management information systems, decision support systems, and expert systems. Prerequisites: MG175/MG375 or equivalent or admission to the MBA. (3 credit hours)
Utilizing applied projects, six organizational components–leadership, strategic planning, customer focus, information, human resources, processes--are analyzed as parts of an overall system. Prerequisite(s): Admission to the MBA Program (3 credit hours)
BA650: Strategic Decision Making
Strategic business behavior especially in relation to the external environment of business. Interdisciplinary and integrative perspectives are emphasized using cases, projects and team teaching. (3 credit hours)
The advanced analysis of marketing case problems utilizing marketing and related business concepts and strategy. MBA Elective. Prerequisite: Accepted in the MBA Program. (3 credit hours)
BA657: Applied Research Project
Designed to understand the process by which business leaders respond to business problems. Integrates research skills and professional business practices, and provides an opportunity to apply current research to a business problem. Prerequisites: The successful completion of 18 hours in the MBA program and approval of the Director of Graduate Programs in Business. (3 credit hours)
A supervised field experience in business involving at least 150 supervised contract hours. (credit/no credit, 3 credit hours) Prerequisites: The successful completion of 18 hours in the Masters of Business Administration Program and approval of the Director of Graduate Programs in Business.
BA660: Strategic Cost Analysis and Financial Application
Interpretation and analysis of financial information, internal and external reporting, planning and control for decision-making, and analysis of the current manufacturing environment. Prerequisites: AC222 and FI361 with a minimum grade of 'C' and admission to the MBA. (3 credit hours)
BA661: External Environment of Business
Study of the competitive, economic, legal, regulatory, political, technological, international and socio-cultural environments in which American businesses operate. Prerequisite: Admission to MBA. (3 credit hours)
BA662: Contemporary Issues in Business
Intended to introduce students in current research on contemporary business issues and questions. Students will be expected to read, understand, and critically evaluate research and analysis on contemporary issues and demonstrate an understanding of how research and analysis affect proposed solutions or responses to these issues or questions. Prerequisite: Admission to MBA program. (3 credit hours)
BA663: International Business Strategies
Comprehensive theoretical and practical discussion of international business strategies with specific emphasis on current case analysis. Prerequisites: Admission to the MBA program or permission of MBA Director. (3 credit hours)
BA664: Organizational Leadership
An investigation of organizational leadership styles and the types of behavior necessary to implement these styles. Prerequisite: Admission to MBA. (3 credit hours)
BA665: Financial Institutions, Credit Markets, and Regulatory Policy
The course examines the role of financial intermediation in business and society. In addition to the management of financial institutions, the course will focus on the impact of global economic forces and technological change on the financial services industry. Prerequisite: Admission to MBA. (3 credit hours)
BA667: Liability Risks in Products and Services
This course examines liability laws and how those laws impact American businesses in the production of goods and services. Prerequisite: Admission to the MBA program. (3 credit hours)
A problem solving and decision-making approach to Operations Management in a case setting. Emphasis is placed on developing the student's ability to apply quantitative techniques presented in the course to real-life problems. Knowledge of micro-computer applications will be useful. Prerequisite: Admission to MBA program. (3 credit hours)
MG550: Improving Team Performance
The course will investigate team performance and techniques required to improve term performance. Prerequisites: MG301 or equivalent, or permission of the instructor. (3 credit hours)
MG560: International Management
Economic, cultural, political, and environmental variables of international management. Includes trends, organization for international operations, intermational management of human resources. Prerequisites: MG301 with minimum grade of "C." (3 credit hours)
MG575: Information Technology Management
The major focus is business alignment with technology as pertaining to strategic frameworks for IT deployment in an organization. The course is of applied nature, with discussions on industry practices. Prerequisites: MG375 or IS275 with minimum grade of "C" and senior standing. (3 credit hours)
MK560: International Marketing
The marketing environments throughout the world and the management of the marketing function on a global scale. Prerequisite: (Minimum grade of C) in MK301 and senior standing. (3 credit hours)
Accounting, Finance & Business Law (AC, BL)
Deborah Beard, Chairperson (573-651-2119)
AC545: Advanced Income Tax Accounting
The examination and application of federal income tax theory and methods with emphasis on partnership, corporation, and fiduciary problems. Prerequisites: AC435 with minimum grade of "C". (3 credit hours)
AC531: Strategic Cost/Managerial Accounting
Cost/Managerial accounting procedures emphasizing cost allocation methods, cost control, regression analysis, decision models, and operations research. Prerequisite: Minimum grade of "C" in AC331. (3 credit hours)
AC540: International Perspectives of Accounting
An examination of accounting rules and practices of multinational enterprises throughout the world with special emphasis on harmonization, standardization, and disclosure requirements. Prerequisite: Minimum grade of "C" in AC222 Principles of Managerial Accounting and senior standing. (3 credit hours)
See "Graduate Course Listings" for a complete list of graduate courses and descriptions.
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