The Master of Business Administration (MBA) is a 42-credit hour program consisting of a 30 credit hour common core plus one of three 12 credit hour specializations selected by the student at registration. (IWU reserves the right to move students to another date, location, or online if less than eight students are registered for any specialization.) The MBA is designed to meet the worldwide need for knowledgeable, principle-centered leaders. Intended to prepare managers as both economic and ethical leaders, the MBA program emphasizes the integration and application of knowledge.
Students connect with business; the connection deepens and broadens as their programs proceed. New knowledge, skills, and tools quickly form the basis of leadership in business decision-making. To that end, the class structure deals with both the qualitative and quantitative skills required of today's managers.
The MBA program emphasizes the acquisition of technical management skills within a peer group or management team context. Each course requires the adoption of an individual and cooperative approach to problem solving. Written problem analysis is required throughout the program, as is the development of presentation skills.
Credit may be transferred in from a regionally accredited institution (maximum of 6 hours) for any core or specialization course except ADM-508 and ADM-557.
The curriculum will be completed in the order established by Indiana Wesleyan University. The university reserves the right to modify the curriculum as necessary.
The same courses offered in the classroom setting are also offered via the Internet. Details are available at http://www.IWUOnline.com.
MBAX Program:
The MBAXpress Program is a program for special individuals who have the willpower and the academic discipline to participate in an accelerated, intensive MBA curriculum. Students complete an accelerated program by taking MBA courses simultaneously.
The admission requirements for the MBA program are as follows:
Additional requirements for the MBAXpress program:
Students in the MBA program are required to demonstrate proficiency in the areas of statistics, economics, accounting, and finance prior to taking the corresponding advanced course in the core. Students will be provided with the MBA PRIMER ™ to assist them in meeting the minimum proficiencies needed for success in each quantitative area. Attendance in a three week tutorial class is required for accounting and finance. At the completion of each of the first two courses and the accounting tutorial a student has the option of transferring from the MBA to the MSM program. Successful completion of the first two MBA courses will substitute for the first two courses in the MSM program.
To graduate, students must have completed all of the following:
Common Core Courses - (30 Hours)
ADM-508 Business, Analysis, and Technology 3
This course will provide a brief overview of executive management theory and practice, introduce Microsoft Office software and other tools, and provide orientation to IWU research and resource methods. Topics covered include evaluation of business research sources including information found on the internet and the use of the APA writing style. Students will take self assessment personality and leadership inventories leading to project team formation. Various subject area assessments will be taken to determine where additional assistance may be helpful.
ADM-510 Applied Management Concepts 3
This course expands the overview of executive management theory and practice in the context of a rapidly changing environment. Individual and group assignments will focus upon management and leadership philosophies, the structure, design, and operation of organizations, and the management of individuals within organizations. Using individual and shared experiences, organizational culture, change processes, team building, motivation, decision-making, and diversity will be studied
ADM-471P Essentials of Accounting 0
This not-for-credit course surveys the acquisition, analysis, and reporting of accounting information from the perspective of effective management decision-making. It also touches on the planning and control responsibilities of practicing managers. Must complete with a grade of "CR" in order to proceed to ADM-514.
ADM-514 Applied Managerial Accounting 4
A course examining the fundamental systems and procedures of managerial accounting built upon an overview of basic financial accounting principles and conventions. Special attention will be given to the preparation and analysis of financial statements, budgeting, and systems of planning and control.
MGT-541 Applied Marketing Management 3
A study of marketing management with emphasis on product, price, promotion, and distribution problem solving. The legal, ethical, and social environment within which marketing problems occur will receive special emphasis.
ADM-524 Managerial Economics 3
This course provides an overview of economic theory and methods and as applied to decision making in contemporary management. Emphasis will be given to forecasting, model building, and resource allocation through the application of cases and the shared management experience of participants.
ADM-474P Essentials of Finance 0
An overview of financial management emphasizing the development of the issues and techniques involved in cost of capital, capital budgeting, cash budgeting, working capital management, and long-term sources and uses of funds. Must complete with a grade of "CR" in order to proceed to ADM-537.
ADM-537 Applied Managerial Finance 4
A course examining contemporary finance theory including relevant financial ratios. Emphasis will be given to financial planning, control, and problem solving of various management dilemmas as defined by selected cases.
ADM-545 Organizational Development and Change 3
A course designed to understand the three change-related dimensions of an organization: strategy, structure, and job performance. Students will address the following issues: delivery of products and services, business outcomes, innovation, implementing change, and leadership development. Current and future trends in organizations will be considered. Students will learn skills to assess the effectiveness of an organization.
ADM-515 Applied Business Statistics 4
Basic statistical skills for advanced work in the functional areas of business administration, including descriptive statistics, probability and its distributions, sampling, and estimation.
ADM-534 Applied Economics 3
This applied course is designed to further integrate the use of economic theory and the effects of current economic events into the process of solving problems through effective managerial decision-making in the context of the firm and the larger environment in which it operates.
Applied Management Specialization Courses (12 Hours)
ADM-549 Intercultural and Global Issues 3
This course examines the management challenges associated with entering markets outside the U.S. and maintaining global operations. Topics covered include: comparative economic and political systems, regional trade blocs, forms of foreign business involvement, geographic strategies, and functional management of the global enterprise. Emphasis is given to the mechanics of entering global markets. Case studies are used to identify both unique and universal practices.
ADM-550 Ethics, Law, and Leadership 3
The focus of this course is the development of moral leadership in the identification, explication, and resolution of the ethical and legal dilemmas faced by the modern organization. Students will have opportunities to respond to the ethical challenges that managers confront when dealing with legal and regulatory environments of business. Emphasis is given to developing a Christian worldview.
ADM-554 Operations and Strategy 3
This course includes internal operations analysis, planning and control and logistical considerations including supply/value chain management. Also, it includes a strategic review of planning and alliances and an assessment of organizational policies and the competitive environment needed to acquire sustainable competitive advantage.
ADM-560 Applied Management Capstone 3
This course calls individual students to combine their program-wide, MBA case analysis skills, content area knowledge, and application skills with personal experience for success in this final active learning capstone experience. (NOTE: Any MBA student who has not satisfactorily completed all prior courses ("C" or better) may not register for ADM-560.)
Accounting Specialization (12 Hours)
ACC-554 Business Structure and Taxes 3
This course reviews applicable tax policy for small business including how specific business structures impact tax liability. The impact of specific tax regulations on the business will be examined including payroll taxes, employee vs. independent contractor rules and more.
ACC-556 Accounting Information Systems and Control 3
This course defines information systems from the perspective of the organizational manager. Students will learn and apply internal controls to the business process and will understand electronic business systems and related internal controls. Various business processes will be presented including: Order Entry/Sales; Billing/Accounts Receivable/Cash Receipts; Purchasing; General Ledger and Business Reporting (financial statements). This course includes an accounting systems simulation.
ACC-549 Financial Statement Preparation and Analysis 3
This course demonstrates financial statement preparation for proprietorships, Subchapter S corporations, partnerships and selected not-for-profit organizations including healthcare in accordance with Generally Accepted Accounting Principles. Accounting principles and applications relevant to Other Comprehensive Basis Of Accounting (OCBOA) systems will also be presented.
ACC-552 Auditing and Fraud Detection 3
Students will learn the auditing process and applicable auditing standards for non-publicly traded companies. This course covers the Sarbanes Oxley Act of 2002, which requires accuracy and reliability in public disclosures pursuant to securities laws and its impact on internal control and management. Students will learn to identify occupational fraud and financial statement fraud. This course includes a financial statement fraud simulation.
Health Care Specialization (12 Hours)
HCM-549 Health Care Systems 3
This course provides an introduction to the basic concepts and principles of organization and management relevant to our dynamic national health care systems. Emphasis will be placed on the delivery, access, and quality of services. Medical technology, professional roles, and both inpatient and outpatient services are discussed.
HCM-552 Health Care Policy 3
This course explores the role and manner in which both state and federal government regulatory mechanisms affect the administration of health services organizations. The legal and ethical environment will be examined as well as the influence that special interest groups play.
HCM-554 Health Care Finance 3
This course provides an overview of the health care financial issues and explores the current financial climate. Issues in reimbursement structures, regulatory mechanisms, and cost controls are discussed. Not for profit financial statements and annual audits are reviewed and analyzed.
HCM-556 Health Care Issues 3
This course enables students to analyze organizational issues and strengthen their management skills. It discusses the management challenges in the areas of product definition, market approaches, quality control and accountability. Also included are managing diversity, team processes, change theory, process redesign, and quality assessment.