Business Administration MBA

College of Management
Graduate degree

About this program

The objective of Metropolitan State University's MBA is to prepare qualified students for assuming impactful leadership roles in business organizations. We achieve this with industry-leading instructors, cutting edge curriculum, real-life management scenarios, and an emphasis on ethical decision-making and sustainable business practices.

Metropolitan State's MBA has three instructional formats to accommodate the schedule of busy working professionals: regular classroom-based courses, web-enhanced “hybrid” courses that include some face-to-face discussions and fully online courses. Courses are scheduled through the year, with courses offered during fall, spring and summer semesters. Students can complete their MBA in as little as two years, but our part-time open enrollment format allows students to complete their studies when their busy lives permit.

Student outcomes

Students will be able to:

  • demonstrate an understanding of the organization, as a sum of its parts.
  • evaluate strategic decision making that produces effective outcomes.
  • analyze the ability to lead and manage an organization through change and uncertainty.
  • properly identify, manage, and foster talent.
  • apply the skills and knowledge required to lead within a legal and ethical framework.

Enrolling in this program

Program eligibility requirements

Prerequisite courses for admission to the MBA program are Financial Accounting, Statistics (except when MBA Math is selected; see program application information), Microeconomics and Macroeconomics. A letter grade of "C-" or above must be received in prerequisite courses.

Information Sessions

Wednesday, Nov. 14, 2018, 4:30 p.m. - 5:30 p.m., Minneapolis Campus, M2400.  Please register by emailing graduate.studies@metrostate.edu

Application instructions

 

Deadlines

  • July 1: all semesters
  • Nov 15: Spring Semester
  • Mar 15: Summer Term

Application deadlines will not be waived. Applications for admission are not considered until all requirements are met and all fees are received.

Application packet

Applicants should allow 7-10 business days for review once all required application materials are received and sent to the College of Management Graduate Admissions Committee. All application materials become the property of Metropolitan State and are not returned. To be considered for admission, you must submit all parts of the application packet.

Part one

  • Online Application: You will use your Minnesota State StarID to complete the application. If you don't have a Minnesota State StarID, you will create one at the beginning of the application.
    • If you do not have, or choose not to provide, your Social Security number (SSN), please follow the instructions for no SSD to activate your StarID.
    • If you encounter difficulty with the online application, please email graduate.studies@metrostate.edu.
  • Non-refundable application fee: pay online.
    • The current fee of $20 is waived for graduates of Metropolitan State.
  • Official transcripts:
    • Must show a baccalaureate degree or equivalent earned from a regionally accredited institution with grade-point average or narrative description describing courses completed.
    • Transcripts from all schools attended after high school, as well as from any graduate or professional programs are required.
    • All transcripts from non-U.S. schools must be evaluated (course-by-course) by either ECE (preferred) or WES.
    • Electronic transcripts should be sent to graduate.studies@metrostate.edu.
    • Paper transcripts should be sent directly from the sending institution (preferred) to:
      • Metropolitan State University
        Attn: Graduate Admissions
        700 East Seventh Street
        Saint Paul MN 55106

Part two

Once you've applied online, you can login to the Applicant Portal using your StarID and password. Once logged in, you may upload remaining documents and check on the status of your application. To be considered for admission, you must provide:

  • Official GMT Scores or MBA Math Scores
    • If you choose to take the GMAT, you must achieve a quantitative score equal to or greater than the 40th percentile.
    • If you choose to take MBA Math, you must achieve a minimum proficiency score on each of the lessons (see MBA math Frequently Asked Questions page).
      • MBA math is self-paced; you can retake any lesson until you reach minimum proficiency at no additional cost.
      • The STATS prerequisite will be waived if you take MBA Math and reach minimum proficiency in each of the STATS lessons.
      • Apply to the MBA first (see part one).
      • Email your name and StarID to graduate.studies@metrostate.edu and request the promo code.
      • Register for MBA Math
  • After you register, while logged in to MBA Math:
    • Go to My Account | My Schools.
    • If you see a Metropolitan State entry, make sure the Allow School Access box is checked.
    • If you don't see Metropolitan State in the My Schools section, click Add School w/ School-Provided RSVP Code, enter the promo code given to you when you registered, click Add Code and make sure the new entry's Allow School Access box is checked.
  • Upload current resume
    • A minimum of two years professional work experience is required.
  • Upload two professional reference letters
    • Two reference letters from employers or others who can attest to the importance of the master's degree in enhancing your professional development and commenting on your ability to pursue and successfully complete a graduate program.
  • Admissions Essay; upload your admissions essay, which will serve as both a goals statement and a writing assessment.
    • Pledge of Authorship: Please begin your admission essay with the following statement (Your essay will not be accepted if this is not included.): I, (complete name)_________________________, verify that this admissions essay is my own work and I am fully aware that discovery otherwise will invalidate my entire application.
    • The admissions essay is extremely important to the application review process. Therefore, make sure that you carefully address each of the following:
      1. Explain why you are pursuing a Master's degree in Business Administration at this time in your career.
      2. What are your short-term and long-term career objectives? In particular, what objectives do you hope to achieve in areas of business management and leadership?
      3. Describe why you have chosen Metropolitan State's MBA program to achieve the career objectives you identified above.
      4. Describe an ethical dilemma in an organization that you have experienced or are aware of and how you would resolve the dilemma in a fair and equitable way.
    • Your essay should be approximately 500-700 words (about three pages) in 12-point font, double-spaced, clearly written, well-organized, with correct grammar, accurate spelling and punctuation, good sentence structure and clear sub-headings. The admissions committee may reject goals essays that do not sufficiently address the points above. Also, the admissions committee may reject an essay that is poorly written.

Part three - international students only

In addition to parts one and two, international applicants in the U.S. or abroad, on any type of visa, are required to provide this information for admission to the university.

Required by the application deadline:

  • Official scores must be submitted; student copies are not acceptable. Metropolitan State's school code for TOEFL is 6445.
    • Proof of English proficiency (Official TOEFL or IELTS score)
    • Minimum scores: TOEFL=80, IBT=213, CBT=550, PBT or IELTS=6.5
    • IBT=internet based; CBT=computer based; PBT=paper based

Required only if admitted to the program:

  • If you are offered and accept admission to the program, you are required to provide this information to the International Student Services Office to complete your admission to the university.
    • Financial statement (F1 visa only)
    • Immunization records
    • Copies of passport, visa, I-94, and international home address and phone numbers

Visit International Student Services graduate admissions for part three details.

Mailing address:
International Student Services
Metropolitan State University
700 East Seventh Street
Saint Paul, Minnesota, 55106-5000

Questions about applying to the MBA?
Questions about the online application, fee, transcripts/transcript evaluations, and the document upload feature can be sent to graduate.studies@metrostate.edu (preferred) or you can call 612-659-7150.

Program requirements

The Metro MBA program is divided into three phases:

Phase I Covers the core functional disciplines of typical business enterprises and provides a solid grounding in the core theories, processes, and skills required by managers in today's rapidly-changing business environment.

Phase II consists of electives which students may choose to best meet their individual career needs and interests. Electives may focus on one of several disciplines or include courses from different disciplines. The general MBA consists of 8 elective credits (total of 40 program credits). Alternatively, the student may elect an MBA with a concentration by choosing 12-course credits in a selected discipline concentration (total of 44 program credits).

Phase III of the MBA program is the synthesis and capstone phase. The capstone course, MGMT 699 Management Strategy, and Policy, calls for the student to integrate what has been learned in previous courses and life experiences to form a coherent picture of management and organizations. All Phase I courses must be completed in order to register for the capstone course.
 

MBA with concentration

The Metro MBA offers 4 subject-specific concentrations which, when earned, are noted in the student’s academic transcript. In addition to completing Phase I and Phase III courses described above, students combine the 8 credits of their Phase II electives with one additional 4 credit course, resulting in an MBA with Concentration of 44 total credits. Current concentrations offered are Project Management, Management Information Systems, Finance and Global Supply Chain Management.

A concentration can be declared at the time of application to the MBA program or after full admission. If the student declares a concentration after admission, a written statement requesting the concentration must be submitted to the College of Management Graduate Program Office. The student can declare up to two concentrations with advisor approval.

Course requirements

Prerequisites

Prerequisite courses for admission to the MBA program are Financial Accounting, Microeconomics and Macroeconomics. Both the Microeconomics and Macroeconomics prerequisite can be satisfied by taking ECON 611. A letter grade of C- or above must be received in prerequisite courses. If some or all of these prerequisites have not been satisfied, the applicant may do so by taking one or more of these prerequisite courses.

ACCT 210 Financial Accounting

4 credits

This course in financial accounting acquaints students with the "language of business" and the concepts and practices of accounting in order to understand, interpret, and analyze the financial accounting reports of economic entities. Topics include: economic context of accounting; introduction to basic financial statements with emphasis on the statement of cash flows; measurement fundamentals; analysis of financial statements; cash; receivables; inventories; investments in equity and debt securities including Consolidations; long-lived assets; current and long-term liabilities; stockholders' equity; and time value of money concepts and computations for decision making: international accounting practices are incorporated into every topic. This is not a bookkeeping course.

Full course description for Financial Accounting

ECON 201 Macroeconomics

3 credits

This course focuses on the economy as a whole and studies how government can affect the economy. After starting with principles of markets, the price system and supply and demand, the course covers national income accounting, business cycles, inflation, unemployment, fiscal policy, monetary policy and the Federal Reserve System, different approaches to economic growth, and the foundations of international trade.

Full course description for Macroeconomics

ECON 202 Microeconomics

3 credits

This course focuses on the interactions between the consumer and the producer. It begins with the theory of markets, supply and demand, and the price system. Then it covers demand elasticity, the costs of production including the various factor inputs, the four major market structures (pure competition, monopolistic competition, oligopoly and monopoly), and ways to increase the competition in markets.

Full course description for Microeconomics

ECON 611 Foundations of Economic Analysis

2 credits

This course meets the prerequisite requirements for undergraduate courses in microeconomics and macroeconomics. It does not count toward your master's degree, but permits you to take one course instead of two undergraduate courses. The course covers the major concepts in basic economics including demand analysis, determinants of supply, price system operations and government's roles. Attention is also directed to business cycles, national income accounting, employment and fiscal policy. The course enhances your understanding of economic conditions, economic changes, and organizations' roles in the private, nonprofit and government sectors in the allocation and use of economic resources.

Full course description for Foundations of Economic Analysis

Requirements (40 credits)

Phase one

Focuses on the functional disciplines of business and organizations and provides a solid grounding in the core theories, processes and skills needed by managers in today's rapidly-changing environment.

DSCI 681 Operations Management for Services and Manufacturing

4 credits

The growing interdependence of business functions such as marketing, accounting, finance, information systems, and engineering requires effective and efficient operations management strategies and practices. The main objective of this course is to develop basic skills and knowledge necessary for managing the operations function in both manufacturing and service delivery firms. Special emphasis will be placed on contemporary issues facing operations managers such as supply chain structure and strategy, enterprise resource planning issues, product and process design, process management, value chain, and lean systems. Another objective of this course is to develop analytical skills necessary to identify and solve problems in the operations management arena.

Full course description for Operations Management for Services and Manufacturing

FIN 601 Financial Management

4 credits

This course introduces the applications to financial decision-making of mathematics, statistics, economic theory, and accounting procedures. The two central ideas are time value of money and the relationship between expected return and risk, and how these ideas are used to value bonds, stocks, and other financial securities, and to make capital investment decisions. The course also includes the optimal management of the firm's assets and financing requirements.

Full course description for Financial Management

MGMT 600 Practical Research Methods for Managers

2-4 credits

This foundational course provides students with practical knowledge needed to conduct research in organizations. Major topics covered include research design, data collection and analyses, research proposal and research report. Students will gain practical experience by applying the procedures and techniques learned in this class to organizational functions, such as marketing, finance, management, and operations. This course must be taken during the first semester of MBA studies.

Full course description for Practical Research Methods for Managers

MGMT 620 Organizational Behavior

3-4 credits

This course focuses on behavior in organizations as influenced by individual differences, group processes and interactions, and organizational processes. Skills and abilities essential for effective management in changing organizational contexts are emphasized. Topics examined include motivation, diversity, group development team building, power and politics, leadership, job design and organizational culture.

Full course description for Organizational Behavior

MKTG 600 Marketing Management

4 credits

This course examines activities through which organizations provide goods and services to serve the needs of the marketplace. Some of the topics included are analysis of internal and external factors of an organization that contribute to a successful marketing campaign, consumer behavior, positioning, , setting marketing objectives, designing marketing strategies and tactics, integrated marketing communications, pricing, and elasticity of demand.

Full course description for Marketing Management

MIS 600 Management Information Systems

4 credits

Management Information Systems (MIS) evolved from essentially an organization's support operation to a strategic element of an organization's life and survival. This course explores information systems' new and expanding roles in the enterprise. Models examined showing how new technologies are assimilated into the organization, how to plan for systems within the overall strategic management process, assess the risk in system development projects, and become a "sophisticated user" of information systems. Traditional and new technologies are utilized. The course also includes a solid review of the strategic and tactical impact of computers, networks and new technologies. . This course broadens understanding of the design and implementation of various computerized information systems to support management decision making and evaluation, and prepares the student to integrate new technologies and configurations into the management process.

Full course description for Management Information Systems

Phase two

Choose electives to best meet individual career needs and interests. Electives may focus on one of several disciplines or include courses from different disciplines. The general MBA consists of 8 elective credits (40 program credits). Alternatively, the student may elect an MBA with a concentration by choosing 12 course credits in a selected discipline concentration (44 program credits).

Project Management Concentration

DSCI 620 Project Management

4 credits

This course provides a systematic and comprehensive overview of project leadership and management. Topics covered include all aspects of project management from project initiation issues, RFP formulation, proposal decisions, preparation, and evaluation, project planning and implementation to organization, risk assessment, negotiation, and conflict resolution. Also included are project planning techniques such as PERT, CPM, Earned Value Analysis, and project monitoring and simulation using Microsoft Project software.

Full course description for Project Management

DSCI 630 Project Risk Management

4 credits

This course provides a comprehensive study of project risk management, including concepts, methodologies, and applications. It includes systematic approaches to risk identification, risk modeling, risk impact assessment, respond planning, and documentation. Decision science methods such as System Dynamics, Monte Carlo Simulation, Decision Analysis, Probability Analysis, Analytic Hierarchy Process, and Scenario Analysis will be utilized in risk assessment. Use of computer software in risk analysis will also be emphasized.

Full course description for Project Risk Management

DSCI 691 Project Management Leadership and Problem Solving

4 credits

The primary purpose of this course is to introduce students to overall leadership and methods and procedures for solving managerial problems in multiple knowledge management areas of project management. Students will learn the art and science of problem solving by actively participating in solving real-life problems and cases and in the execution and control of projects through simulations. Emphasis is placed on developing the appropriate knowledge and skills for dealing with complexity and uncertainty. Topics covered include decision making, prediction and forecasting, conflict resolution, scenario planning and strategic problem solving. Applications of appropriate computer software programs will also be emphasized. This course covers many important topics that are included in the Project Management Institute's examinations for certifications like PMP and CAPM. Students who wish to achieve these type of certifications will be facilitated by this course.

Full course description for Project Management Leadership and Problem Solving

Management Information Systems (MIS) Concentration

Information technology (IT) has been essential to business innovation and enhanced productivity for decades, and will continue for the foreseeable future. Adding the MIS Concentration will better prepare a student to manage in any organization in which IT is a major force in the delivery of its goods and services. Metropolitan State is well known for the strength of its offerings in MIS. The approach of the MIS Concentration allows the student to meet the dual goals of a strong business degree with recognized special expertise in IT. The MIS Concentration provides the opportunity for MBA students to select a mix of coursework from a range of suggested pathways: business analytics, database administration, information management, information assurance/security, systems analysis and design, and systems development.Course requirement (12 credits in addition to MIS 600 required in Phase I) Any 12 MIS graduate creditsOR Any 8 MIS graduate credits plus DSCI 620 Project Management (4 credits)

Finance Concentration

All major decisions in corporations are influenced by financial analysis. The required Phase I finance course (Finance 601) presents models which are used for such decisions, but it does not go into the depth required for people who work professionally in finance. The Finance Concentration coursework is designed to prepare the student for professional work in the fields of corporate finance, investments, insurance and commercial banking. Some of the major skill areas covered include: financial modeling; valuation of investment projects, instruments and firms; understanding financial markets; risk assessment and risk management; and cost of capital.

FIN 511G Investment and Portfolio Analysis

4 credits

This course is to equip students with strong knowledge of the modern theory of portfolio management and its applications. The major topics to be covered are: 1. The institutional environment of investment, the financial products available and how they are traded; 2. Models used in pricing these products: fixed income, equity, and derivative securities; 3. How to design an optimal portfolio of many assets and the trade-off between risk and return.

Full course description for Investment and Portfolio Analysis

FIN 550G International Finance

4 credits

This graduate course examines the same topics as FIN 550, but with greater breadth, in greater depth, and with additional assignments. It is an introduction to the international dimensions of corporate financing, investment, and risk management decisions. Topics include foreign exchange markets, international financial systems, foreign exchange rate determination, currency risk, spot and forward rates, hedging, international monetary and trade flows, multinational capital budgeting, and cost of capital in emerging economies.

Full course description for International Finance

FIN 560G Financial Markets and Institutions

4 credits

This graduate course meets jointly with FIN 560. The course examines the same topics as FIN 560, but with greater breadth, in greater depth, and with additional assignments. This course provides an overview of financial markets and institutions. Topics include the workings of various financial markets, the functions of different types of financial institutions, and the regulatory framework for the financial sector. The course concludes with an introduction to the types of risks faced by institutions and the basic tools and concepts to manage these risks. Further, the course will include topics of current interest.

Full course description for Financial Markets and Institutions

FIN 595G Advanced Corporate Finance

4 credits

This graduate course examines the same topics as FIN 595, but with greater breadth, in greater depth, and with additional assignments. It reinforces and expands on what is covered in FIN 601. Topics include capital budgeting, business strategy analysis, forecasting and prospective analysis, mergers and acquisitions, credit analysis, corporate financing strategies, and risk management. This course requires extensive use of spreadsheets.

Full course description for Advanced Corporate Finance

Global Supply Chain Management Concentration
Prerequisite

DSCI 681 or Instructor's consent

DSCI 681 Operations Management for Services and Manufacturing

4 credits

The growing interdependence of business functions such as marketing, accounting, finance, information systems, and engineering requires effective and efficient operations management strategies and practices. The main objective of this course is to develop basic skills and knowledge necessary for managing the operations function in both manufacturing and service delivery firms. Special emphasis will be placed on contemporary issues facing operations managers such as supply chain structure and strategy, enterprise resource planning issues, product and process design, process management, value chain, and lean systems. Another objective of this course is to develop analytical skills necessary to identify and solve problems in the operations management arena.

Full course description for Operations Management for Services and Manufacturing

Required Coruses

DSCI 640 Supply Chain Management- Concepts and Techniques (4 credits) is also required (course pending approval)

IBUS 690 Doing Business Internationally

4 credits

This course will bring together the full range of factors influencing companies doing business across borders that were covered in the required IBUS 611 ? globalization, political economies, culture, ethics, legal systems, trade, investment, currency issues, market entry, production, logistics and marketing ? and apply them to management decision-making in national and regional operating environments around the world. The syllabus may be modified at short notice to accommodate current world events impacting the international business environment.

Full course description for Doing Business Internationally

MKTG 652 Supply Chain Logistics

2 credits

This course examines those activities involved in planning, implementing and controlling the flow of raw materials, in-process inventories, and finished goods from the point of origin to the points of consumption at the lowest total costs. Topics emphasized include inventory management, transportation, warehousing, information systems, performance measurement, materials handling, customer services, and the overall management of logistical functions.

Full course description for Supply Chain Logistics

MKTG 653 Global Sourcing

2 credits

Global competition makes it increasingly important for American firms to contract with foreign companies in order to establish efficient and reliable sources of industrial materials and supplies. Topics include starting a global buying program; dealing with foreign cultures, business practices, monetary systems, and related legalities; writing international purchase orders; controlling global logistics costs; and U.S. programs designed to benefit importing buyers.

Full course description for Global Sourcing

Phase three

Phase three is the synthesis and capstone phase. The course, MGMT 699 Management Strategy and Policy, calls for the student to integrate what has been learned in previous courses and life experiences to form a coherent picture of management and organizations. All Phase I courses must be completed in order to register for the capstone course.

MGMT 699 Management: Strategy and Policy

4 credits

As the capstone course for the M.B.A. program, students integrate analytical tools and knowledge from the various functional areas of management, previous graduate courses, work experience and strategic management theories. Case studies and readings provide students the opportunity to analyze past and current strategies and to formulate and implement new strategies for various types of organizations. Prerequisite: Completion of all Phase I courses.

Full course description for Management: Strategy and Policy