Program Advisors: Dr. James Long (Chair)
Today's business leaders must combine expertise in their field with an ability to lead and manage in a complex and constantly changing business environment. The goal of the University of Mary MBA Program is to help students develop skills, knowledge, and abilities needed to excel in this complex and changing environment.
The University of Mary offers the MBA in three formats through the Centers for Accelerated and Distance Education and the Gary Tharaldson School of Business: (1) An on-site accelerated format; (2) An online accelerated format; (3) Blended, with a combination of on-site and online courses. Students choose a focused area of study: Accountancy, Executive Business Administration, Energy Management, Health Care, Human Resource Management, or Management.
The accelerated formats provide adult students the opportunity to complete a graduate degree in as few as 18 months while continuing to work. Classes are taught in seminar style, allowing for student participation and discussion and for immediate application in the workplace.
Class size is limited in all formats to ensure interaction between students and faculty and to maintain high academic standards consistent with the University of Mary. Adult students enroll with a cohort and learn from one another as well as the faculty, a teaching style and learning effective for adults.
Students in the on-site format meet one night per week for the duration of the program. The curriculum is distributed in a series of learner guides with detailed assignments for each week. The online format has a web-based curriculum that provides adult learners an opportunity to complete a graduate degree from the convenience of their computer. In the blended format, students may take some courses on-site and others online.
- Examine and interpret energy issues and realities for the energy sector in the 21st century
- Compare and contrast the environmental, regulatory, and legal and political environments for various types of companies within the energy sector
- Discriminate differences in energy finance practices from standard business practices
- Evaluate economic factors, energy markets and trading practices utilized within the energy sector
- Assess risk factors for various energy organizations
Admissions for the MBA Individuals holding a bachelor's degree or higher from a regionally accredited institution and who have an undergraduate GPA of 2.5 (on a 4.0 scale) overall, or 2.75 during the last two years of the undergraduate degree, or 3.00 in a major field of study will be admitted to begin graduate study.
Applicants who do not meet one or more of the admissions requirements may have their applications reviewed on a case-by-case basis.
To complete the application process, applicants submit:
- Completed University of Mary Graduate Studies application (to include goal statement essay)
- Official transcript from institution of higher education granting the bachelor's degree or higher
- Current Resume
- Two letters of recommendation from professional sources
- Application fee
After the successful completion of at least six semester credits of graduate course work and a review of academic progress by the graduate advisor, the student will be advanced to candidacy status according to the following criteria:
Students who do not maintain satisfactory academic progress as determined by University policy will be notified of their academic status in writing by the Office of Academic Affairs. Questions regarding academic standing should be referred to the student's academic advisor. The grading scale used for all graduate courses offered through the Gary Tharaldson School of Business is as follows:
- A minimum cumulative GPA of 3.0 on a 4.0 scale for graduate course work
- All graduate level courses must have a grade of C or higher to count toward the program requirements
- Acceptable personal, academic and professional conduct
- An approved program of study
Students accepted are be required to demonstrate they are properly prepared for the following three courses within the core:
- MGT 571 - Executive Economic Analysis
- MGT 555 - Managerial Finance
- MGT 605 - Managerial Accounting
Students must demonstrate adequate knowledge in each of these core topics before proceeding to the corresponding higher level course(s). To demonstrate proper foundational knowledge, students must complete one of the following three options:
- Enroll in a 3-credit five-week course through the University of Mary. Preparation courses are:
- MGT 532 Fundamentals of Economics
- MGT 533 Managerial Finance
- MGT 534 Financial Accounting: A Management Perspective Participation in these courses will add additional credits onto your program of study.
Obtain a waiver of co-requisite by providing evidence of completion of undergraduate coursework at a grade of C or higher within the past five years
- Economics Undergraduate Economics
- Finance Undergraduate Corporate or Managerial Finance
- Accounting Principles of Accounting 1 and 2 If the following graduate-level courses at the University of Mary or the graduate-level equivalent at another regionally accredited institution have been completed within the past seven (7) years with a grade of C or higher, the waiver would apply:
- Economics MGT 531 Survey of Economics or MGT 535 Economic Principles
- Finance MGT 551 Foundations for Financial Decisions or MGT 554 Survey of Accounting and Finance
- Accounting MGT 554 Survey of Accounting and Finance
In addition, if a student has graduate level credit for MGT 571, MGT 555 and/or MGT 605 or the equivalent from another regionally accredited institution with a grade of B or higher that has been approved by the Gary Tharaldson School of Business for transfer, the waiver would apply. If a student has an appropriate certification, such as a current CPA license, that may also be reviewed on a case-by-case basis for waiver.
- Pass an assessment test or complete a self-paced course. This assessment and self-paced course will be determined by the University of Mary. If necessary, a University of Mary representative will direct you to the applicable testing service. There is no cost for taking the initial assessment.
- If you receive a 70% or higher on the free assessment, you have shown adequate knowledge in that content area and have satisfied the pre-requisite requirement.
- If you receive a score lower than 70%, you can enroll in the self-paced course. Once complete, you will need to score at least 70% on the assessment to satisfy the pre-requisite requirement. Your advisor can provide additional information on how to access the assessment test, self-paced courses, etc.
Upon completion of the program of study, students are required to participate in university and program assessment of outcome achievement. Please see reference to ALU 799.
Required Core Courses for the MBA
The following courses are core content for the MBA and are completed by all MBA students:
MGT 504 Management and Organizational Behavior
MGT 555 Managerial Finance
MGT 571 Executive Economic AnalysisMGT 605 Managerial Accounting
MGT 610 Marketing
MGT 635 Law in the Managerial Environment
MGT 701 Strategic Decision Making
ALU 799 Graduate Assessment
MBA in Energy Management Courses
MGT 520 Introduction to Energy Management
MGT 521 Current Issues in Energy Development
MGT 522 The Economics and Markets of Energy
MGT 523 Financial Management in the Energy Industry
MGT 524 Environmental, Regulatory Issues and Politics in the Energy Industry
MGT 526 Legal Issues in Energy Management
MGT 527 Energy Management Capstone