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Business Administration, Master of Business Administration


Program Purpose

The MBA program is designed to prepare students for management and leadership positions in all types of business enterprises including health care organizations, financial institutions, and not-for-profit organizations. The program is designed with an emphasis on executive skills development, quantitative and qualitative analytical techniques, and the knowledge and professional capabilities necessary for the execution of complex managerial duties in today’s global business environment. Embedded in the MBA program is an appreciation for the role of business in a pluralistic society and the international community.

Program Competencies

In addition to the University graduate school graduation competencies, the following competencies apply to the MBA program:

  1. The student will demonstrate effective professional oral and written communication skills and techniques required of competent and successful business leaders and managers.
  2. The student will demonstrate effective information literacy and qualitative and quantitative critical thinking skills as they relate to the development of sound business tactics and strategy.
  3. The student will demonstrate current relevant disciplinary knowledge and competencies specific to the fields of finance, strategy, managerial accounting, marketing, and organizational behavior that impact the development of sound business tactics and strategy.
  4. The student will demonstrate the importance of ethical decision-making and ethical business practices aligned with the organization's goal and objectives.

Program Design

The philosophy of the Â鶹ÊÓƵ MBA program is closely aligned with its instructional format. The program is organized through a series of coordinated accelerated 7-week courses and is scheduled to accommodate the needs of students who maintain full-time employment while pursuing their degree. While some course sequencing is necessary, the program is designed to permit students to complete degree requirements at their own pace.The program is currently offered fully online and at various locations throughout Delaware and New Jersey.

MBA Program Requirements

The MBA program requires the following undergraduate pre-requisites:

1) Mathematics. Three credits in undergraduate mathematics with a grade of “C” or better at the level of college algebra, college mathematics, statistics, or higher (equivalent to Â鶹ÊÓƵ MAT 110 or higher or a passing grade on the CLEP college algebra examination).

2) Economics. Three credits in undergraduate economics with a grade of “C” or better (equivalent to Â鶹ÊÓƵ ECO 105 or a passing grade on the CLEP microeconomics or macroeconomics examination).

3) Accounting*. Three credits of undergraduate Accounting I with a grade of “C” or better (equivalent to Â鶹ÊÓƵ BAC 101). Students may complete MBA 5850, Financial Accounting for MBAs, to meet this requirement.  Students who wish to test out of the accounting pre-requisite can submit a passing grade on the CLEP Financial Accounting exam.

4) Finance. Three credits of undergraduate finance with a grade of “C” or better (equivalent to Â鶹ÊÓƵ FIN 305). Students may complete MBA 5900, Principles of Finance, or FIN 305 to meet this requirement.

Students who need to fulfill any of the prerequisite undergraduate course requirements may enroll in specially designed graduate courses or appropriate undergraduate courses that carry no credit toward the MBA degree.

Incoming MBA students are expected to have a basic proficiency in spreadsheet software applications and writing skills at a level necessary for success in graduate coursework. Applicants are encouraged to discuss potential shortcomings in these areas and corrective solutions during their program planning conference.

*See MBA: Accounting for specific undergraduate accounting pre-requisites for the Accounting concentration.

Registration

It is highly recommended that students take MBA 6000 as the first course in the MBA program.

Prior to registering for the second MBA course students should:

  1. Submit official transcript(s) from an accredited college, university, or other degree-granting institution verifying completion of a bachelor’s degree. Send official transcript(s) directly from the identified college or university to the Â鶹ÊÓƵ Graduate Admissions office or email gradadmissions@wilmu.edu.
  2. Meet with a program Chair or advisor for a program planning conference, if not completed earlier. Official transcript(s) should be on file prior to the conference. Students may bring unofficial transcript(s) to this meeting if official transcript(s) are not yet on file.


MBA Concentrations

In addition to the traditional MBA program above, students may elect to concentrate in a particular area of study. The following concentrations are offered:

Accounting*

Banking and Financial Services

Business Analytics

Business Communication

Business Technology Management

Finance

Health Care Administration

Homeland Security

Human Resource Management

Management Information Systems

Marketing Management

Nonprofit Management

Organizational Leadership

Sustainability

Each of the above MBA program concentrations require twelve 3-credit graduate courses consisting of the seven course MBA common core and five courses in the declared MBA concentration.

*The MBA with a concentration in Accounting requires a six course, 18-credit hour common core. Advanced Managerial Accounting MAC 7200 is taken within the 18-credit hour Accounting concentration.


The Â鶹ÊÓƵ MBA Program

The MBA program is based upon the belief that students must understand the complex relationships of the various organizational functions of economics, finance, marketing, operations, and management on a global basis. The program consists of twelve 3-credit hour courses divided into a seven course common core and a five course concentration. The MBA core is required of all students and provides an in-depth and integrated exposure to the fields of economics, finance, accounting, management, leadership, quantitative methods, and business strategy.

The MBA Common Core:

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

MBA Without a Concentration

In addition to the MBA core, students complete the following courses:

Global Enterprise Development

Global Leadership

Project Management

Two Electives

Two electives

Graduate level electives include: any HCA, MBA (except 5850 or 5900), MGT, MHS, MHR, MIS, MOL, MPA, or IST (IST 7000 level courses only).

Graduate-level courses taken to meet program admission pre-requisites are not applied towards the 36 credit-hour requirement for MBA degree completion.


MBA with a Concentration in Accounting

In combination with MBA core coursework, the MBA with a concentration in Accounting includes courses centric to providing students with the relevant theoretical, practical and technological skills necessary for accounting professionals. In addition to the MBA admission and candidacy requirements listed above, the MBA with a concentration in Accounting has the prerequisite completion of 12 credit hours of undergraduate Accounting: Accounting I & II (equivalent to W.U. BAC101 and BAC102) and Intermediate Accounting I & II (equivalent to W.U. BAC201 and BAC202).  Students may complete MAC 5000 and MAC 5010 to meet the Accounting I & II requirement and complete MAC 5100 and MAC 5110 to meet the Intermediate Accounting I & II requirement.

To fulfill the requirements for the MBA with a concentration in Accounting, students must complete an 18-credit hour Business Management core and an 18-credit hour concentration in Accounting.

Courses

Organizational Behavior and Ethical Leadership

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Financial Accounting Theory, Policy, and Research

Advanced Managerial Accounting

Issues in Auditing and Assurance Services

Fraud Prevention and Forensic Accounting

Federal Taxation, Policy, and Research

International Accounting and Taxation

MBA Core 18 credits


MBA with a Concentration in Banking and Financial Services

The MBA in Banking and Financial Services is a specialized program designed to equip aspiring professionals with the knowledge and skills necessary to excel in the dynamic world of banking and financial institutions. This concentration leverages both core MBA courses and five new specialized courses tailored specifically to the banking sector.

The program will equip students with a comprehensive understanding of key concepts, tools, and techniques necessary to thrive in today’s dynamic banking landscape. This specialized program delves into essential courses related to banking, while also addressing the current and future needs of the financial industry.

Specifically, the program combines a solid foundation in general business management with targeted courses that explore the intricacies of banking, insurance, mortgages, mutual funds, and pension funds. Graduates emerge well-prepared for leadership roles in financial institutions, regulatory bodies, and investment firms.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Banking Operations Management

Fin Markets and Institutions

Money Banking and Macroeconomy

Investment Banking

Bank Auditing and Examinations

MBA Core 21 credits

Total of core and concentration courses is 12 courses or 36 credits.

MBA with a Concentration in Business Analytics

In combination with MBA core coursework, the MBA with a concentration in Business Analytics (BA) includes courses centric to utilizing statistical and other analytical tools to leverage data to measure performance, improve business processes, and optimize business decision-making.  BA can be applied to an organization as a whole, or to specific projects, processes, or products.  BA knowledge and skills are increasingly in demand by potential employers of our graduates.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Quantitative Business Analysis

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Seminar in Data Analysis

Predictive Analytics

Forecasting for Business Analytics

Optimization for Business Analytics

Simulation for Business Analytics

MBA Core 21 credits

Total of core and concentration courses is 12 courses or 36 credits.

MBA with a Concentration in Business Communication

In combination with MBA core coursework, the MBA with a concentration in Business Communication includes courses centric to the integral role that effective communication plays in every type of organization in today's global business environment.  Students are provided with a practical, hands-on approach to a variety of effective and strategic communications options, distribution techniques, and analytical reporting disciplines.  This concentration prepares students to identify various types of target audiences and use appropriate technology within relevant formats to craft compelling, results-oriented communications.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Multi-Media Communication

Communication Writing

Legal and Ethical Issues

Communication Analytics

Strategic Communication

MBA Core 21 Credits


MBA with a Concentration in Business Technology Management

In combination with MBA core coursework, the MBA with a concentration in Business Technology Management includes courses centric to providing instruction in a growing cross-disciplinary area of business: the intersection of business processes, data analysis, and the technology applications that support these integrated business processes.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Supply Chain Management

Business Process Management

Seminar in Data Analysis

IT Policy and Strategy

Web and Data Security

MBA Core 21 credits


MBA with a Concentration in Finance

In combination with MBA core coursework, the MBA with a concentration in Finance includes courses centric to providing students with opportunities to leverage critical decision-making skills in the area of financial management to meet business strategy.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

In addition to the MBA core, students complete the following courses:

Investments

Portfolio Theory

Advanced Financial Analysis

Seminar in FinTech

Choose one of the following two courses:

Corporate Taxation

OR

International Finance

MBA 7294: ideally scheduled immediately following MBA 7250.

MBA Core 21 credits


MBA with a Concentration in Health Care Administration

In combination with MBA core coursework, the MBA with a concentration in Health Care Administration includes courses centric to the ever-changing environment of health care.  Students will demonstrate knowledge of a variety of health care issues including health policy, insurance, demand for services, and legal and ethical issues in today's global environment.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Seminar in Health Care Administration

Health Policy and Economics

Health Insurance and Reimbursement

Legal Aspects in Health Care

Marketing in the Health Care Sector

MBA Core 21 credits


MBA with a Concentration in Homeland Security

In combination with MBA core coursework, the MBA with a concentration in Homeland Security includes courses centric to issues involving homeland security that have become a priority at all levels of the corporate world. Business professionals need to know the problems involved and be prepared to adapt to the ever-changing landscapes in homeland security in order to maintain a safe and secure work environment.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Contemporary Issues in Homeland Security

Sociology of Terrorism

Legal Aspects and Policy of Homeland Security

Risk Assessment and Management

Crisis Leadership

MBA Core 21 credits


MBA with a Concentration in Human Resource Management

In combination with MBA core coursework, the MBA with a concentration in Human Resource Management includes courses centric to equipping individuals with the essential competencies necessary to lead and develop the human capital of organizations, which is necessary for business executives now and into the future.  This program is ideal for human resource professionals seeking to diversify their portfolio of competencies to advance their career, profession, and organizations.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Law, Regulation and the Workplace

Training and Development

International HR

Compensation and Benefits

Seminar in Human Resource Management

MBA Core 21 credits

Total of core and concentration courses is 12 courses or 36 credits.

MBA with a Concentration in Management Information Systems

In combination with MBA core coursework, the MBA with a concentration in MIS includes courses centric to providing students with the knowledge, skills and abilities needed for effective management in today's technological world.  Students will be equipped with a working command of current informational practices that can immediately be applied in business, educational, and governmental organizations.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Data Management

Analysis, Modeling, and Design

Data Communications and Networking

Project and Change Management

IT Policy and Strategy

MBA Core 21 credits


MBA with a Concentration in Marketing Management

In combination with MBA core coursework, the MBA with a concentration in Marketing Management includes courses centric to providing students with critical knowledge surrounding management issues affecting marketing in both the domestic and global environments.  Students will also work to formulate business strategies, including addressing sales goals, marketing goals, and customer service needs.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

In addition to the MBA core, students complete the following courses:

Market Research and Consumer Behavior

Business to Business and Business to Government Marketing

Integrated Marketing Communications

Marketing Analytics

Choose one of the following three courses:

Global Enterprise Development

New Business Ventures

Salesmanship and Sales Force Management

MBA Core 21 credits


MBA with a Concentration in Nonprofit Management

In combination with MBA core coursework, the MBA with a concentration in Nonprofit Management includes courses centric to topics addressing the increasingly important role that nonprofit agencies serve in providing a wide range of client-based services in today’s economy.  This concentration is designed to provide nonprofit agencies with a source of potential leaders exposed to critical nonprofit business functions including leadership, administrative governance, and fundraising.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Seminar in Nonprofit Management

Nonprofit Management

Nonprofit Governance

Nonprofit Sustainability

Choose one of the following two courses:

 

One Elective

OR

MBA Internship

*Electives: Any MBA (except 5000-level courses), MGT, MOL, or AHS.

MHR 6503 "Law, Regulation, and the Workplace" is a recommended elective.

MBA Core 21 credits


MBA with a Concentration in Organizational Leadership

In combination with program core coursework, the MBA with a concentration in Organizational Leadership includes courses centric to providing students with the opportunity to research, assess, and understand key aspects, issues, and dynamics related to innovative leadership practices.  This program is designed to address the importance for today's leaders to develop/improve skills and capabilities to both manage and lead organizations in a diverse and multi-cultural environment.  Key areas of focus include decision-making strategies, team facilitation, interpersonal relations, as well as change and crisis management.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Innovation & Crisis Leadership

Global Performance Management

Communication & Teams

Current Topics in Leadership

Choose one of the following three courses:

Law, Regulation and the Workplace

Legal and Ethical Aspects of Organizations

Administrative Law

MBA Core 21 credits


MBA with a Concentration in Sustainability

In combination with MBA core coursework, the MBA with a concentration in Sustainability includes courses centric to providing students with comprehensive exposure to business sustainability principles that are essential in supporting and aligned with organizational strategy and tactics.

Courses

Organizational Behavior and Ethical Leadership

Managerial Decision-Making

Survey of Data Analytics

Financial Analysis

Global Marketing Management

IT in Business

Business Strategy

Project Management

Strategic Planning for Sustainability

Principles of Business Sustainability

Sustainability and Business

One Elective

Students are recommended to take an MBA course in analytics, marketing, finance (excluding MBA 5900), or leadership for their open elective.

MBA Core 21 credits



This information applies to students who enter this degree program during the 2024-2025 Academic Year. If you entered this degree program before the Fall 2023 semester, please refer to the academic catalog for the year you began your degree program.