1 284 MASTER OF BUSINESS ADMINISTRATION PROGRAM The Clarke University MBA Program seeks to attract professionals that are interested in ethical business practices and lifelong learning. In addition to the MBA, Clarke MBA students may elect to enroll in additional coursework through University of Wisconsin-Platteville for an advanced certificate in project management. OUTCOMES Clarke University envisions MBA graduates to be persons who believe in and demonstrate: 1. Leadership - apply standard principles in collaborative environments to achieve positive transformation of the individual and organization. 2. Knowledge - critically evaluate principles and practices applied to global business solutions. 3. Communication Skills - demonstrate effective communication in a global business solutions. 4. Technology - integrate information literacy skills into the global business environment. 5. Spiritually & Values - examine the role of spirituality, ethics, and values to guide personal and organizational actions. Admission Requirements Applications may be submitted at any time; however, newly admitted students begin their studies in August or October for the fall semester and in January or March for the spring semester. The prospective graduate student interested in the master of business administration (MBA) program at Clarke University must submit the following to: Graduate Studies Office 1550 Clarke Drive Dubuque, Iowa A completed graduate application form. This is available online at 2. A $35 application fee (waived for Clarke University graduates). Please make checks payable to Clarke University. If paying with credit card, please call (563) with your credit card number and expiration date. 3. Official academic transcripts. These transcripts must document: 4. Completion of a baccalaureate degree from an accredited college or university. minimum GPA of 2.8 on a 4.0 scale. Graduate Management Admission Test (GMAT) scores. This assessment is waived for students with a 3.00 or higher GPA in the last 60 hours of undergraduate coursework. 5. Two completed recommendation forms, at least one of which addresses academic potential in graduate school. Forms are available online
2 A professional resume. 7. A 1-2 page essay reflecting on the following: The knowledge, skills, and values the prospective student has developed in his/her professional career. The goals and expectations for expanding the individual s knowledge, skills, and values through the Clarke University MBA program. 8. A minimum TOEFL score of 550 if English is not the first language. Additional Application Requirements Once prospective students have completed the application process, they will be invited to interview with the Director of Graduate Business Studies. The interview is intended to be a two way interview; it provides the academic adviser with additional information about the student s goals and aspirations, and affords the student an opportunity to learn more about the MBA program. Preliminary Coursework Undergraduate courses in accounting, finance, marketing and statistics with a course grade of C or better. OR BUMG 500 Principles of Accounting/Finance/Information Technology and an undergraduate course in Statistics must be satisfied prior to enrollment in the second year of the MBA program. Transfer of Graduate Courses Students may transfer up to 6 credits of graduate study in this field with an earned 3.00 or higher (on a 4.00 scale) in each course from another accredited graduate program. Acceptance of transfer credit must be documented prior to matriculation. Early-Access MBA Program The Clarke University Early-Access MBA Program (36 hours) offers eligible Clarke University undergraduate students the opportunity to complete three to twelve hours of graduate credit while in their undergraduate degree program. Three to six hours may be taken in the fall semester or second-to-last and three to six hours may be taken in the spring or last semester. These credits will be counted as undergraduate business electives or general electives in the undergraduate degree program as well as credits toward the MBA. Students completing a major in a program other than Business and Accounting will be required to enroll in BUMG 500 Principles of Accounting/Finance/Information Technology. To be eligible for admission to the Early-Access MBA Program as a Clarke University undergraduate, the applicant must have finished a minimum of 30 credit hours from Clarke University prior to matriculation in the MBA program.
3 286 Early Access Admission Requirements Clarke University students may apply for admission to the Early Access Program by mid-term in the semester they anticipate completing 90 credit hours; ordinarily this will be the second semester junior year. The applicant must complete a minimum of 30 credit hours from Clarke University prior to matriculation in the MBA program. The prospective student interested in the Early Access to the Master of Business Administration must be a first-time applicant to the MBA program and submit the following to: Graduate Studies Office 1550 Clarke Drive Dubuque, Iowa A completed graduate application form, available online at Documentation of: A cumulative GPA of 3.5 An internship - A minimum of one internship experience prior to the completion of the undergraduate degree is required - Work experience may be considered in lieu of internship Undergraduate course statistics with a course grade of C (2.0) or better Two completed recommendation forms, available online at At least one of which must be from undergraduate faculty in the student s major A professional resume A one- to two-page essay reflecting on the knowledge, skills and values the student has developed in his/her undergraduate studies and how these impact his/her career goals. A minimum TOEFL score of 550 if English is not a first language Interview and development of MBA degree plan with Clarke University s Director of Graduate Business Studies. Advanced Certificate in Project Management An agreement between Clarke University and University of Wisconsin-Platteville provides successful MBA students with the opportunity to earn an advanced certificate in project management. Interested Clarke students who have a 3.0 GPA and have completed 18 semester hours in the MBA program, including BUMG 561, Topics in Project Management, may enroll in the coursework for an advanced certificate in project management (total of 9 semester credit hours). PROJMGT 7080 Project Scope Management PROJMGT 7040 Interpersonal Skills for virtual and co-located project teams BUSAMDIN 5540 Quality Management or BUSADMIN Advanced Quality Management Interested students should consult with the Director of Graduate Business Studies for details.
4 287 NOTE: To maintain financial aid students need to be enrolled in at least 5 credit hours at one institution. Students participating in the Certificate in Project Management program need to be enrolled in 5 or 6 hours at one institution. Three credits at each institution will not qualify for the half-time status, and consequently financial aid status is changed. Students considering this program should contact the financial aid office at Clarke University for specific information. CURRICULUM Preliminary Course BUMG Principles of Accounting/Finance/Information Technology (3 credit hours) Core Courses (Total of 30 credit hours) Organizational Management Managerial Accounting Marketing Management Managerial Finance Economic Environment in Business Operations Management Professional Ethics Managing Information & Technology Management in the Global Enterprise Strategic Management Electives (Choose two for a total of 6 credit hours) Topics in Project Management Topics in Managing Human Resources Topics in Business Topics in Finance Course Descriptions BUMG 500 PRINCIPLES OF ACCOUNTING/ FINANCE/INFORMATION TECHNOLOGY Designed as a foundational course, this course provides an understanding of principles of accounting, marketing and finance. Accounting practices, marketing and financial data are examined and applied to the business environment. Ordinarily, this course is taken in the first semester of the MBA program. BUMG 501 ORGANIZATIONAL MANAGEMENT This course addresses the management of organizations from the perspective of structure, process and behavior. Topics include the design of organizations for goal achievement, the design of jobs, individual and group motivation, team building, leadership, communication, decision making, and organizational change and development.
5 288 BUMG 505 OPERATIONS MANAGEMENT This course focuses on the tools used in the efficient management of operations in a production or service organization. Topics include reliability theory, quality control, inventory management, queuing theory, simulation, project management and job shop scheduling. Prerequisite: Statistics. BUMG 509 MANAGERIAL ACCOUNTING This course addresses the use of accounting information in decision making. Students focus on cost management and managerial accounting concepts. Topics include product costing, relevant costs for decision analysis, cost systems, and budgeting and control. Emphasis is on the interpretation and use of accounting information rather than its creation and accumulation. Prerequisite: Principles of Accounting or equivalent. BUMG 512 MARKETING MANAGEMENT This course examines the formation of marketing strategy from a managerial perspective using the case study methodology. Topics include determining target market needs and wants, product planning, channel development, promotion strategy, price setting, research and current trends. Prerequisite: Principles of Marketing or equivalent. BUMG 515 MANAGERIAL FINANCE This course addresses the financial dimensions of decision making. The emphasis is on planning, financial analysis, capital structure, capital budgeting and working capital management. Prerequisite: Principles of Accounting, Finance I and Economics or equivalent. BUMG 519 ECONOMIC ENVIRONMENT IN BUSINESS Economic analysis is utilized in examining the economic environment of the business firm. Topics include the significance of markets, the informational content of prices, economic perspectives on competition, international trade, central banks and monetary policy, and government regulation of business. Prerequisite: Microeconomics or equivalent. BUMG 529 MANAGING INFORMATION AND TECHNOLOGY This course introduces techniques of quantitative modeling and statistical analysis. Advanced Excel spreadsheet management will strengthen management decision making in the global business environment. Topics include decision analysis, statistics, regression and linear programming.
6 289 BUMG 535 PROFESSIONAL ETHICS This course examines the ethical dimensions of formulating and implementing corporate policies and strategic plans. It utilizes ethical analysis and case studies to identify important ethical issues to be considered in making responsible corporate decisions. Topics may include privacy, employee job security, product reliability, occupational health and safety, conflict of interest, and the community and political impacts. BUMG 559 MANAGEMENT IN THE GLOBAL ENTERPRISE This course focuses on problem-solving and practical-management with emphasis on international business issues. The course will address challenges facing companies of varying sizes of international development. Topics may include globalization of markets, barriers to trade and investment, country risk assessment, cultural, legal, political, and tax issues. BUMG 561 TOPICS IN PROJECT MANAGEMENT This course addresses the managerial discipline of project management. It involves planning, directing and controlling a cross-functional team to create a unique product or service. Topics include the selection of the project manager, work breakdown structure, setting objectives, PERT, CPM, and Gant charting, controlling, motivation, reporting procedures, and project termination. Prerequisite: Operations Management. BUMG 571 TOPICS IN MANAGING HUMAN RESOURCES This course provides an in-depth analysis of human resource management and employment relations in organizations. The course is taught using a systems approach. This approach looks at the many interdependencies from an organization s internal and external environment acting on employment relations and human resource decision making. Topics include strategic planning, staffing, performance management, compensation and benefits, training and development, outsourcing, retention and turnover, and selected public policy issues pertaining to employment. BUMG 573 TOPICS IN BUSINESS MANAGEMENT This course addresses current issues in management focusing on selected topics which may include managing in a changing technological environment, restructuring for the digital economy, corporate creativity, quality control, or intellectual capital growth. BUMG 578 TOPICS IN FINANCE This course addresses the role of the chief financial officer and the finance function in the firm. Relevant topics and current issues regarding the financial management of the firm will be covered. Prerequisite: Managerial Finance. BUMG 585 STRATEGIC MANAGEMENT This capstone course focuses on strategic planning and the firm in the global environment. It combines the necessities of the future with an organization s desires and capabilities. Topics include the strategic management process, competitive analysis, evaluating company resources and competitive capabilities, matching strategies to company s situation and implementing strategies. After completing this course students will be equipped to analyze and understand the challenges of organizational management.
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