Master of Business Administration
The Master of Business Administration Curriculum consists of three levels of coursework: Foundation, Core, and Electives. The total amount of coursework required of the MBA student varies from 30 - 48 hours of academic credit depending on the amount of Foundation coursework that can be waived with prior academic credit.
The MBA program can be completed in 12 months by a full-time student who has all of the Foundation courses waived. For the full-time student with no previous academic credit in business, the program can be completed in 20 months. For the part-time student, the time to complete the program varies depending on the number of courses taken each semester.
All MBA courses are offered at night which allows the working professional to attend the Millsaps MBA program. In fact, the working professional is encouraged to attend the Millsaps MBA program.
The Millsaps MBA curriculum includes 15 hours of prerequisite coursework. The prerequisite courses are listed on the next page. The prerequisite coursework prepares the student for advanced study. Completion or waiver of prerequisite work is a prerequisite for advanced study. A foundation course is waived for an MBA candidate who has completed undergraduate coursework in that foundation subject with a grade of at least B-. A foundation course is also waived for an MBA candidate who has completed foundation coursework at the graduate level with a grade of C or better at an AACSB accredited school, provided the student has no more than three C’s in the prior business program. Professional designations, such as the CPA and CFA, may also be accepted to waive the corresponding foundation courses, including statistics with regression.
Graduate credit is not awarded for portfolio-based experiential learning, which occurs prior to matriculation in the graduate programs.
Students are required to have successfully completed the stated prerequisites for a course prior to beginning that course. For example, accounting should be completed before taking finance. Proficiency in computer software packages for word processing, spreadsheets, and presentations is assumed.
Students with significant work experience, normally at least 3 years, may meet foundation course requirements by successfully completing online courses through the Else School of Managment. This option must be approved on a case-by-case basis by the MBA council.
Under this option, students will be allowed to participate in these courses (see Tables 1 and 2), and take a qualifying examination proctored at the Millsaps College campus. A passing grade of 70% on the associated final exam is required to satisfy the foundation's requirement. Students are not required to take all foundation courses in an online format.
The MBA Core Curriculum consists of 18 hours of academic credit. All MBA students must take at least one three-hour course in each of the five core areas:
- Principled Leadership
- Financial Performance
- Data Analysis for Decision Making
- Navigating a Complex World
- Competitive Strategy
Students must also complete Busi 606, Perspectives on Business, readings course worth 1.5 credit hours, and Busi 607, Business Communications, a two-day seminar that is also worth 1.5 credit hours.
The MBA student must earn at least 12 academic credit hours in elective courses. These courses (most of which are three academic credit hours) allow the student to focus his or her study in a particular area of interest. Or a student may choose to take elective courses in a variety of discipline areas.
The Millsaps MBA program has a long-established international study component. The European Study program is a 3-week or 6-week summer course of study conducted in such business and cultural centers as London, Paris, Munich, and Florence. During the semester break, after Christmas and before the Spring semester begins, the MBA student has a wonderful opportunity to study in Mexico at the Millsaps College mini-campus in the Yucatan.
Internships are encouraged and facilitated by the faculty of the Else School of Management. Internships are a cooperative effort involving the student, one or more Else School professors, and the student's field supervisor. Together this group must agree upon terms of the internship as specified in the official internship registration documents provided by the registrar's office. Activities of the intern must include legitimate academic inquiry and the student must be amenable to evaluation on that basis. Else School internships require the student to work in a meaningful capacity for at least 10 - 12 hours per week for the 14-week semester to receive three hours of graduate credit.
This school offers programs in: