Master of Business Administration (MBA)
The Master of Business Administration (MBA) program provides training in business for students interested in understanding the working nature of business in a competitive environment. Courses in the MBA program integrate information and theories from various disciplines, including accounting, economics, finance, marketing, production operations, and strategic management. The objective of this program is to develop students into broadly educated business decision makers who understand the nature of business as a whole, with the tools and techniques applicable to a wide variety of business situations.
The capstone for the MBA program gives students the chance to bring together all of the theories, skills, and tools studied during the program and integrate them into a learning experience that highlights the nature of competition and the kind of strategic maneuvering that must be done in order to succeed.
The degree requires the satisfactory completion of 27 credit hours of the MBA curriculum and 9 credit hours of graduate electives for a total of 36 credit hours. If an area of emphasis is selected, total required hours may be greater. Students who require prerequisite courses may have to complete more credit hours to receive an MBA. Electives for the MBA may be selected from any Walker School of Business graduate offering, or with permission, from one of the other four schools or colleges.
The MBA is accredited by the Accreditation Council for Business Schools and Programs (ACBSP).
Walker Joint MBA Programme
For any undergraduate degree students at Webster University who is considering the master of business administration degree, the Walker Joint MBA enables completion of the MBA in a shorter amount of time.
Those students who have completed an ACBSP accredited undergraduate program at Webster within the past five years may waive six hours of MBA electives, reducing the number of required courses to 30 credit hours. The degree can then be completed in as little as one calendar year.
Those students who have completed a non-ACBSP accredited undergraduate program at Webster within the past five years may also waive six hours of MBA electives. However, these students may be required to take up to nine graduate hours of program prerequisites. Those students wishing to reduce the number of prerequisites may consider taking the following courses as undergraduate electives:
- ACCT 2010 Financial Accounting
- ACCT 2025 Managerial Accounting
- ECON 2000 Survey of Economics
Alternatively, students may elect to take a waiver exam to attempt to bypass some prerequisite hours.
- Students will demonstrate foundation knowledge in each of the primary functional areas of business.
- Students will be able to solve semi-structured business problems.
- Students will be able to solve unstructured business problems.
The MBA degree-seeking student should consult the Admission, Enrolment, and Academic Policies sections for policies regarding application, admission, registration and the academic policies of Webster University. Academic policies or exceptions to policies applicable to MBA students are noted under their respective general academic policies.
- BUSN 5000 Business (3 hours)
- BUSN 5600 Accounting Theory and Practice (3 hours)
- BUSN 5620 Current Economic Analysis (3 hours)
Programme prerequisites are for those students who have not completed prerequisite courses (or an appropriate equivalent) within five years of entering the program and having earned a grade of B or better. The prerequisites are to be completed before beginning coursework for the MBA.
If the appropriate prerequisite course content was completed more than five years prior to entering the program, the department will allow a waiver of BUSN 5600 or BUSN 5620, if the student demonstrates command of the content area by successfully completing a waiver examination. Prerequisite courses may not count as electives in the 36-credit-hour MBA.
The required courses in the MBA program are:
- MRKT 5000 Marketing (3 hours)
- MNGT 5590 Organizational Behavior (3 hours)
- BUSN 5760 Applied Business Statistics (3 hours)
- FINC 5000 Finance (3 hours) (prerequisites: BUSN 5600 and BUSN 5760)
- FINC 5880 Advanced Corporate Finance (3 hours) (prerequisite: FINC 5000)
- BUSN 6070 Management Accounting (3 hours) (prerequisites: BUSN 5600 and BUSN 5760)
- BUSN 6110 Operations and Project Management (3 hours) (prerequisite: BUSN 5760)
- BUSN 6120 Managerial Economics (3 hours) (prerequisites: BUSN 5620 and BUSN 5760)
- BUSN 6200 Strategy and Competition (3 hours) (prerequisites: all of the above)
- Additional elective credit hours (9 hours)
Areas of Emphasis
Requirements for an area of emphasis in the MBA program include the MBA core (27 hours) and additional course requirements as identified below for each individual area of emphasis. A student may be required to complete electives to meet the minimum number of hours required. Prerequisites may be used to meet the emphasis course requirements, depending on the program -- students should see an advisor for details.
Areas of emphasis for the MBA degree are:
- Corporate Finance
- Digital Marketing Management
- Environmental Management
- Health Administration
- International Relations
- Media Communications
- Project Management
Not all areas of emphasis are offered at every Webster University location. The student should consult individual campuses to verify the areas of emphasis offered.
Graduate Entry Requirements
- Signed Application Form
- Proof of English Proficiency:
- TOEFL: PBT 550 | iBT 80
- IELTS: 6.5
- Pearson: 53
- Undergraduate Transcripts
- Essay: 300-500 word essay on a topic of your choice
- OR Curriculum Vitae (CV)
- One Letter of Recommendation
- Certificate of Finance showing $Tuition plus $16,000
- Copy of Passport ID Page
- Official University/College Transcripts (for Transfer Students)
- Some programs have additional entry requirements. Please contact your advisor for more information.
Advancement to Candidacy
Students are admitted to their graduate program upon completion of all admission requirements. Students are advanced to candidacy status after successfully completing 12 credit hours of graduate credit, with grades of B- or better. In the MBA program and other specialized programs, courses required as prerequisites to the program do not count toward the 12 credit hours required for advancement.
1-Year or 18 months - 2 years (36 Credit Hours)