Frequently Asked Questions
1. What is Master of Business Administration (MBA) Program?
The Master of Business Administration (MBA) at Southwest Minnesota State University, Marshall is designed to provide the leaders of tomorrow with the knowledge and skills required to succeed in a global business economy. The program emphasizes critical and strategic thinking, developing managerial skills, real-world applications, ethics, and leadership taught in a technologically-advanced, active learning environment. Along with the General MBA concentration, the program offers a Leadership concentration and a Marketing concentration.
The MBA will also provide opportunities for students to think critically and strategically, and to be able to apply and integrate the knowledge they have accumulated to specific business situations. The program features topics such as global markets, ethics, ability to communicate, management of diversity, and leadership/teamwork skills. This program will provide the student with the knowledge and information needed to cope with our dynamic, rapidly changing world.
Courses are three credit courses that meet one evening each week for 16 weeks. A student with an undergraduate business degree who meets all the prerequisite requirements may complete the program in approximately 2 years. Employed students are able to participate in this program since all classes meet on weekday evenings, or occasionally, on weekends.
2. How do I apply?
In order to be admitted to the program, certain admission requirements must be met. Once you understand the requirements and are ready to join the program, you may begin the application process. By applying now you may qualify for some incentives. Make sure to check it out! Also, don't forget the required immunization record that must be completed by all students attending Post-Secondary Schools in Minnesota. You may apply to the program through a fill in application, an online application and submit it directly online, or print off the application, fill it out, and send it to the SMSU School of Graduate Studies, 1501 State Street, Marshall, MN 56258.
Note: For admission into the Master's of Business Administration Program at SMSU, completion of the equivalent of an undergraduate degree with a minimum grade point average of a 3.0 OR a GMAT score of 450 or above is required. For assistance studying for the GMAT test, refer to http://www.testclub.net/gmat/
3. What if I have credits I'd like to transfer into the program?
Please have an official transcript from the school you received your graduate credits send to The School of Graduate Studies Office. The courses do need to be with in the last 5 years. You will also need to complete a petition form and summit it to the School of Graduate Studies to have the course transferred into the MBA program. Here are a few things the MBA Department will be looking for when considering transferring the credits into the program:
- Courses have to be pertinent to the field. 70 % of the course you would like to transfer in must match a class in SMSU's MBA program.
- If the course has anything to do with business then it can be transferred in as a general elective. This is a program decision.
- 9 credit maximum is allowed to be transferred into the MBA Program.
4. How much is tuition?
Tuition changes with each academic year. The cost for graduate credits will vary based on what program you plan to be a part of.
5. Is financial aid available?
Financial aid is available to students who need it. You can find information on applying for financial aid at the SMSU Financial Aid website. You will need to submit the FAFSA form.
6. Whom should I contact if I have further questions?
The School of Graduate Studies is always happy to assist you with any questions you may have. You can reach the School of Graduate Studies by phone at: (507)537-6819 . To contact a particular facilitator or staff member, see the faculty/staff page. The Graduate Directory lists people you may wish to contact during the application/registration process.
7. What do current students think of this program?
“I learned in my first semester of MBA classes a technique that I applied to the division I am responsible for within our parent company. It has already positioned my division as superior to the competition. This by itself has paid for the cost of my entire MBA education.” Dave, MBA
“The faculty in the MBA Program are devoted to student achievement. My bachelor’s degree was in Biology, and I had never previously taken a business course. Instead of being a detriment, I have found that the instructors make the topics accessible to everyone from the novice learner to the experienced business person.” Brian, MBA
For more information, or to be placed on the prospective students' mailing list, please take the time to summit the request for information.