About Our MBA Program It s never business as usual in the University of New Brunswick s MBA program. By building a solid foundation in management skills and through customized professional tracks, your business career gets the boost it needs to get ahead in an extremely competitive workplace. We ll help develop and sharpen your managerial and leadership skills with valuable hands-on experience. Our unique academic program guarantees you ll have the knowledge and expertise needed in today s dynamic workforce. There are a couple of ways you can earn your MBA at UNB. You can: A. Enter into the Foundation year. Upon completion, you will receive a diploma. The following year, you have the choice to customize your studies and earn your degree through a general MBA or a Professional track. OR, if you qualify, you can: B. Enter directly into a Professional track without doing the Foundation year first. Upon completion, you will receive a diploma. You still have the option of doing the Foundation year, and upon completion, receive your MBA degree. At UNB, it really isn t business as usual. Our MBA program offers students a professional, experienced, and modern outlook on the business world of today. Foundation Year Professional Year Degree Obtained Accounting Marketing Business Data Analysis Organization Studies Professional Finance Corporate Governance and Law Management of Information Systems Operations Management Professional General MBA Professional Track Student Investment Fund General MBA Export Market Entry Entrepreneurship Concentration Activator program Professional Track Law (LLB) Student Consulting Group Professional Track Sports and Recreation Management MBA MBA with Entrepreneurship Concentration MBA/LLB MBA in Sport and Recreation Management 1
Introduction Week Foundation Year (Diploma) Most students enter the Foundation year in September and will take eight core subjects (four per semester) plus the Professional workshops. Students must participate in the Introduction week, even if they are part-time. Participation in the academic orientation events scheduled throughout this week ensures students are familiar with the core principles of business and have a solid foundation in business practices. INTRODUCTION WEEK During the Introduction week, you are introduced to the MBA program. You will meet your professors, members of the MBA Society, and fellow classmates. Foundation Year 1 ST SEMESTER 1. Accounting 2. Marketing 3. Business Data Analysis 4. Organization Studies 5. Professional 2 ND SEMESTER 1. Finance 2. Corporate Governance and Law 3. Management of Information Systems 4. Operations Management 5. Professional Through team-building exercises and business cases, you will gain a thorough understanding of what the MBA program is all about. Refresher workshops in the areas of math, statistics, and business communications prepare you for the courses you will be studying. While familiarizing yourself with the curriculum, you will develop friendships with people that have similar career goals and interests. It s a week for you to get acquainted with your classmates, your professors, and UNB s MBA program. PROFESSIONAL DEVELOPMENT Professional seminars ranging from the light and social (business and dining etiquette) to the more specialized (legal workshops) will be offered throughout your time in the program. Depending on your career path, you will participate in seminars relating to your field and your career interests. Attending these seminars will expand your knowledge and skills as a business professional. Among other things, the seminars will give you an opportunity to network with professionals, such as local businesses and alumni, that will help you advance your career even before you finish your academic studies. Professional Year In your professional year, you have two main options: Take the general MBA or pursue a Professional Track. GENERAL MBA The general MBA allows you to customize your program and participate in courses that will give you an edge in today s business world. During your Professional year you will be required to complete Strategic Management along with either one of the following: 1. An Internship, 2. Applied Integrative Studies, or 3. A Team Thematic Project. In addition, you will select six electives that you deem best suited for your particular career goals. Many of the courses offered in the MBA program are world renowned for their hands-on experience that provides students with a better understanding of modern business practices. GENERAL MBA WITH AN ENTREPRENEURSHIP CONCENTRATION * : ACTIVATOR PROGRAM If you are pursuing a general MBA degree, you can obtain a Concentration in Entrepreneurship if you take the following four subjects: 1. New Venture Creation & Entrepreneurship 2. Venture 3. Market Opportunity Analysis 4. Entrepreneurial Finance The Student Investment Fund course allows students to invest $2 million of real money; The Export Market Entry course sends students abroad to negotiate on behalf of local companies seeking to export and; The Student Consulting Group has students solve real business problems. At UNB, it s never business as usual because courses like these give students an advantage they can t get anywhere else. They are unique to the UNB MBA program. Before you graduate, you ll already have obtained valuable knowledge about the business market. In addition, career counseling and mentoring during your Professional year will help you become more specific in your goals and help you to secure the career of your choice. Professional Year 3 RD SEMESTER 1. Strategic Management 2. Elective 3. Elective 4. Elective 4 TH SEMESTER 1. Internship/Integrative/ Team Thematic Project 2. Elective 3. Elective 4. Elective Career Counseling and Mentoring If you take the concentration, you may also choose UNB s prestigious Activator program. This program allows you to prepare a business plan and then pitch it to angel investors and venture capitalists on behalf of a venture start-up with the entrepreneur and a seasoned business mentor. * Pending approval by the Maritime Provinces Higher Education Commission 2 3
PROFESSIONAL TRACK (SPECIALIZED DEGREE) The Professional Tracks are comprised of specialized fields of study that lead to MBA degrees in specific areas. By concentrating in one field and having a distinctive degree, you will be well equipped to face the fierce competition of today s business world. A Professional Track consists of a minimum of eight courses. Approximately three of these are required courses that form the basis of your specialization. They cover the necessary advanced professional knowledge that you ll need to continue on in your academic pursuit. The other courses that you choose are electives relevant to the Professional Track. The following Professional Tracks are presently available at UNB: Required courses cover the necessary advanced professional knowledge that you ll need to continue on in your academic pursuit. MBA IN SPORT AND RECREATION MANAGEMENT In partnership with the Faculty of Kinesiology, UNB offers an MBA in Sport and Recreation Management. In this joint degree program you first take the Foundation year and Strategy course in the Faculty of Business Administration, and then you complete your Professional Track with UNB s Faculty of Kinesiology. You will take a combination of courses in general management, as well as in sports and recreation. This program allows you to take your passion for sport and recreation and turn it into a viable and satisfying career. That s definitely not business as usual. MBA/LLB If Law is your area of interest, UNB offers a joint MBA/LLB Program. This degree is extremely useful in today s dynamic business world where the laws that govern business constantly change and have an impact on our world. Organizations require the expertise of individuals skilled in both business and law. In four years you will earn your Master of Business Administration and a Bachelor of Law, making you a valuable asset to any organization and giving you a tremendous advantage in an always-changing workforce. Unique Options Not only can you choose from a wide range of electives in different business subjects, you also have unique hands-on learning options that are exclusive to UNB. EXPORT PARTNERING PROGRAM See your export-marketing strategy come to life! In The Export Partnering Program, MBA students are matched with small- to medium-sized businesses in Atlantic Canada. Students work with these companies to develop an export-marketing strategy targeted at the New England States. In the spring, you or one of your team members will participate in a trade mission and see exactly how well your export-marketing strategy works. MBA CONSULTING GROUP There s no better way to exercise your newly acquired skills than to use them in a real, professional setting. The MBA Consulting Group gives students the chance to be contracted by a company and prepare a consultancy report for them. While you gain high-level experience and make valuable contacts within the business community, you ll also be earning credits toward your degree. STUDENT INVESTMENT FUND If a career in finance and investment is your dream, this program might be what you need to get the valuable knowledge and understanding that only hands-on experience can give you. The Student Investment Fund (SIF) program enables students to invest real money in the capital markets. It combines finance theory with hands-on investment experience and an integrated study preparation for the Chartered Financial Analyst (CFA). Since it began in 1998, students have grown a pension asset fund from $1 million (CDN) to over $2 million. FULL-TIME OR PART-TIME Most students take a full load of eight courses in each academic year, along with the Professional component of the degree. However, you may take less than a full load and pick up the courses during Spring and Summer Session or in your second year. If you are considering being a part-time student, you can take up to six credit hours in course work per term. This means you should complete your MBA within five years. If you take additional courses during Spring or Summer Session, or if you switch to full-time status for one or more terms, you can shorten the length of time needed to complete your degree. 4 5
Entry Requirements Application Package & Fee Structure Entry into our MBA programs is competitive; satisfying the minimum standards does not guarantee entry. Your application for admission must include all of the following: Statement of Purpose Resumé Three letters of reference Official transcript(s) Graduate Management Admission Test (GMAT) Score (www.gmat.org) TOEFL and TWE scores, if applicable Application fee STATEMENT OF PURPOSE Your statement of purpose must include an essay that explains your background, why you want to pursue an MBA, and your career goals. Essential information about your qualifications, your preparation, and where you see yourself going, must be included. Your statement of purpose should clearly present: Your relevant past experience Your long- and short-term goals Your strengths How an MBA program will bridge the gap between your current experience and future aspirations RESUMÉ A brief resumé must be included in your application. Work experience is normally expected, preferably in a managerial capacity. REFERENCE LETTERS Three confidential reference letters from current or former professors and/or individuals familiar with your academic and work backgrounds are required. Generally, reference letters from both professors and employers are preferred. OFFICIAL TRANSCRIPTS We select students for our MBA program based on maturity, industry, ambition, and motivation to succeed. Our graduate program requires that you hold an undergraduate degree from a recognized university. You must also have earned a minimum Cumulative Grade Point Average (CGPA) of 3.0 or B. Any other educational achievements will contribute positively to your application. [Note: Economics is considered a prerequisite. If you have not taken it already, you must take a remedial course at UNB.] GMAT SCORES Your quantitative and verbal GMAT scores will be individually evaluated. A minimum score of 550 is required. Under special circumstances, such as exceptional grades in a previous program of study, the GMAT requirements may be waived. More information about this can be attained by contacting the Director of Graduate Studies in the Faculty of Business Administration (phone 506.451.6817 or email mbacontact@unb.ca). TOEFL AND TWE SCORES If English is not your first language, you are required to write the Test of English as a Foreign Language (TOEFL) and score a minimum of 580 on the written version of the test or 92 on the Internet based test. In addition, you must score 4.0 on the Test of Written English (TWE). Include both in your application. APPLICATION FEES You can find current information about this fee at www.unb.ca/gradschl/. APPLICATION DEADLINES For September admission: March 31 (January 31 for international students). For January admission (part-time only): October 31. [Late applications may be considered, depending on enrollment figures.] APPLICATION PROCESS The application form is available at www.unb.ca/gradschl/. Your application package must be returned to: School of Graduate Studies University of New Brunswick PO Box 4400 Fredericton, NB Canada E3B 5A3 [NOTE: Do NOT send your application to the Faculty of Business Administration.] CREDIT FOR PRIOR COURSES It is possible to receive credit for courses you ve taken elsewhere. Contact the Director of Graduate Studies for more information. FEE STRUCTURE Tuition fees are paid on a per-course basis. This means you will not be locked into a flat, per-term tuition fee. A portion of the tuition fee is used by the student-run MBA Society to enhance MBA studies at UNB. This could mean anything from upgrading technology to MBA sponsored events. Either way, it means benefits for you as an MBA student. MBA tuition rates and other student fees, as well as funding for graduate students can be found at www.unb.ca/gradschl/. 6 7
About the Faculty of Business Administration The Faculty of Business Administration s roots date back to 1951, when it was founded on UNB s Fredericton campus. Since then, it has become one of the leading business schools in eastern Canada and is proud to be the principal provider of business education in New Brunswick. Our primary goal is to ensure that our students leave with the necessary knowledge and skills required to succeed and advance as business professionals. This means developing strong education programs for our students. Understanding that hands-on experience provides students with a solid foundation, the Faculty attempts to incorporate a large amount of entrepreneurial education into its programs. Partnerships with institutions in Egypt, Singapore, Trinidad and Tobago, and Ukraine allow students in these locations to earn a UNB business degree without leaving home. A supportive environment for students and first-rate instructors make our Faculty a leader in business education. The Faculty of Business Administration is a member of the Association for the Advancement of Collegiate Schools of Business (AACSB). AACSB International membership services and resources support the Faculty in achieving its management education quality and continuous improvement goals....the Faculty attempts to incorporate a large amount of entrepreneurial education into its programs. ABOUT THE UNIVERSITY OF NEW BRUNSWICK The University of New Brunswick is the oldest public university in North America and Canada s oldest Englishlanguage post-secondary institution. Since its beginning in 1785, UNB has consistently remained at the forefront of educational innovation among Canadian universities. Our research programs are some of the finest in the country and our students earn more national graduate fellowships than any other institution in Atlantic Canada. More than $14 million worth of grants and contracts are awarded annually. UNB will continue to be a leader by always seeking to improve and develop the standards of education. 8
CONTACT INFO Faculty of Business Administration MBA Office University of New Brunswick PO Box 4400 Fredericton, NB Canada E3B 5A3 Tel: 506.451.6817 Fax: 506.452.6164 Email: mbacontact@unb.ca Website: www.mba.unbf.ca Business Administration