General Business Core Courses - 24 Credits
The General Business Core courses are particularly important for students who have not had previous work in Economics or Business Administration, or who lack comparable business experience. A student who majored in Economics or Business Administration as an undergraduate may qualify for a reduction of some of the General Business Core courses, reducing the total credits needed for program completion. The General Business Core courses not only provide a valuable basic groundwork for advanced studies; they also offer an opportunity to explore the various fields of business administration in selecting an area of concentration for in-depth study.
Waiver of General Business Core Courses
General Business Core courses (except for MBAA 535) may be waived when it is determined by the Gradate Business chair or designee that equivalent work has been completed elsewhere or the student has successfully completed the Turbo Program. Such determination is made in consultation with the student at the time of admission. Students should have received grades of at least 3.0 (B) in two relevant undergraduate courses for each General Business Core course to be waived. Eligible coursework should have been completed no more than five years prior to admission to the M.B.A. Program. They must also submit catalog descriptions, if requested. In the event of disagreement by a student that general core course must be taken, the student my take an examination administered by the Graduate Business chair to demonstrate proficiency. In this connection, students must declare their intention to take proficiency examinations when the program of study is developed. Such examinations must be taken within the first session of study; they will not be permitted thereafter.
Advanced M.B.A. Core Courses - 12 credits
The Advanced M.B.S. Core is composed of a total of 12 credits. Two courses are required, MBAA 601 and MBAA 602. The remaining six credits may be selected from MBAA 604, MBAA 605 and ACCT 742.
Areas of Concentration - Electives - 12 credits
Students are required to take 12 credits of advanced graduate work beyond the Advanced Core. Advanced graduate courses are defined as all courses offered by the Graduate M.B.A. Program numbered 700 to 900, and courses listed under the Areas of Concentration.
To satisfy the elective requirement, a student may take any course included in the various Areas of Concentration. For a concentration, three out of these four courses must be in the same area. Areas of concentration include Finance, Human Resource Management, International Business, Management, Marketing, and Organizational Leadership. The M.B.A. Program does not offer a concentration in Accounting. Students interested in Accounting should consider the M.S. in Public Accounting Degree Program.
If a student chooses to pursue a second concentration, the free elective credits from the first concentration and any other free electives will count toward the second concentration. Currently, the following concentrations are offered:
The finance area concerns itself with financial markets, corporation finance and security analysis. Emphasis is placed on the analysis of financial markets and financial management from the point of view of the economy as a whole as well as from that of the individual business organization.
Human Resource Management
This concentration provides preparation for careers in the field of human resource management. The courses examine various areas of human resource management, including quality measurement techniques, employment law, recruitment and selection, training and development, compensation, benefits and labor relations.
The International Business concentrations focuses on decision-making in an international context and prepares professionals for positions within multinational organizations. Business functions are related to the socio-cultural, political, legal and labor forces that affect global corporations. The International Business concentration evaluates both theoretically and practically the opportunities and risks of doing business in an increasingly complex and interdependent world.
The program of study in management stresses the application of analytic and critical skills to the business enterprise as a whole, as well as decisions the manager must make to plan, organize and control resources. Included in this area are courses in the selection and training of personnel, coordinating operations, production, planning, decision making, and program implementations.
Courses in marketing are designed to offer the student the tools necessary for the managerial task of developing and distributing the company's goods and services. The marketing area plays a fundamental role in the he successful management of a business enterprise. It calls for a specific knowledge of marketing organization and an appreciation of the importance of marketing decisions in satisfying customer needs and generating profits.
This concentration provides preparation for leadership roles at all levels of organizations. The courses, which focus on ethics and leadership, motivational theory and practice, organizational behavior, and team building, enable students to develop their abilities to align people and motivate them to achieve organizational goals.
The student may select one of two tracks to complete the Capstone requirement. Track I, for six credits, involves a Thesis or Business Plan Preparation.
Students electing to fulfill their Capstone requirements by selecting the Track II option must complete nine credits of work; six credits of Comprehensive Case Studies, plus an additional advanced elective offered form the M.B.A. Program numbered 700 to 799, or with permission of the Graduate Business chair or designee.
Advisement and Plan of Study
Those students looking for advice and direction on academic issues, individual plans of study, course waivers, and program requirements should contact the office of the Graduate Business chair or designee. Non-Degree students must obtain permission to register from the Graduate Business chair or designee before the beginning of each session. All questions regarding degree requirements and waivers must be discussed with the Office of Graduate Admissions during the first session of study; no changes will be permitted thereafter.
Advanced graduate courses taken at other graduate schools of business prior to admission to the M.B.A. program may be transferred for credit with the permission of the Graduate Business chair or designee. Such courses may be used to meet elective requirements, provided the student requests the transfer of credit in writing at the time of application. Transfer credit must be advanced work and is limited to six credits for courses with a grade of B or better completed within the three-year period prior to admission to the M.B.A. program. The grades received in those course for which transfer credit is granted are not computed in the quality-point average for work performed in the program.
Maintenance of Matriculation
It is expected that students will fulfill the requirements for their graduate degree by registering over successive sessions. For cohort programs, registration is required during summer session(s). For non-cohort programs, summer registration is not required. Registration is accomplished by either enrolling in classes or maintaining matriculation. The Maintaining Matriculation fee is $100 per session and is processed as a registration.
Students who have not maintained matriculation and wish to return to their program within one year after their last course will be charged the Maintaining Matriculation fee of $100 for each missed session. Maintenance of matriculation without attending classes is limited to one year. Activated U.S. Military Reservists are not required to pay the Maintenance of Matriculation fee.
Change of Status
Upon the satisfaction of all academic and/or technical deficiencies, the special matriculant must make a written request to the Graduate Business chair the removal of deficiencies. Application forms are available in the Office of the Graduate Business chair.
It is expected that Capstone students shall make satisfactory progress with their program's culminating activity. After the student registers for all sections of their Capstone requirement, they will be given one subsequent term to complete their work. The Maintaining Matriculation registration must be completed for this subsequent term if no other courses are taken. After this period, a Capstone Continuation fee (equal to the cost of one graduate credit) will be charged for each additional term required to complete the project. Students can only register for Capstone Continuation for two terms.
A student's degree will not be released until all Maintaining Matriculation and Capstone Continuation registration and fees are recorded appropriately on a student's record.
Procedures for Readmission
Students who have not attended classes for one year and who have not maintained matriculation, but are desirous of resuming their studies, are required to file an application for readmission with the Office of Graduate Admissions. Such students are required to re-enter under the existing admission standards and program requirements of the program at the time of re-entry.
Maintenance of Good Academic Standing
The cumulative GPA for both good academic standing and degree conferral is a 3.0 A student admitted as a Special Matriculant is required to achieve a 3.0 average or better after completing a certain number of credits as stipulated by their respective program. Grades are subject to review by the faculty advisor and Graduate Business chair at the end of each term. If the academic average falls below 3.0, the student will be placed on academic probation. Students who have tow or more Incompletes on their academic record will be put on an academic cold and will not be allowed to register. Future registration for any subsequent courses will not be permitted until all of the Incomplete but one are resolved and graded. A grade of F or FW in any graduate course is grounds for dismissal from the program. Academic Probation, all students who have a cumulative GPA of below 3.0 will be placed on academic probation. If a student will not be able to achieve a cumulative GPA of 3.0 within a reasonable time, the student will be dismissed from the program. If a student receives a grade of F or FW in any course, the student may be subject to dismissal from the college.
For all students on probation, future registrations must be reviewed and approved by the Graduate Business chair of the student's program as well as the school dean.
In all subsequent terms in which the student is on probation, the student is required to achieve a term GPA of 3.0 or better. If the 3.0 or higher is not achieved, the student will be dismissed. Students who receive a grade of less than B may be required to repeat the course. Students will be allowed to repeat a course only once.
Each candidate for a degree or certificate must have completed all course requirements with a quality point index of not less than 3.0. the words, "With Distinction" will appear on the diploma of a degree student whose quality point index, upon meeting all requirements for graduation, is at least 3.5 time Limit Requirements for the M.B.A. must be completed within five years form the date of the candidate's admission (exclusive of time spent in the Armed Forces). Exceptions will be made only if a student request in writing an extension of time in advance and receives the approval of the Graduate Business chair and school dean.
A degree candidate must complete at least 30 credits of courses offered in the M.B.A. program. To be in residence, the student must have registered for courses offered by Mercy College in the M.B.A. program.