MBA Program Mission Statement
The University of Mary Washington’s MBA program provides a distinctive blend of opportunities for learning, scholarship, and professional development to meet the needs of a diverse student population. Our mission is supported by a graduate curriculum, based on ethical decision-making, critical thinking, research design and data analysis, technological proficiency, communication expertise, and national and global business perspectives. It is designed to produce creative leaders. The program is facilitated by a faculty with extensive business experience and academic credentials, committed to excellence in teaching, research and scholarship contributing to knowledge in their disciplines, and service to the regional business community.
Admission Requirements for the MBA Program
- Earned bachelor’s degree from a regionally accredited college or university
- GMAT or GRE required.
- Waivers for the GMAT/GRE requirement may be considered if the applicant has:
- Five (5) or more years of full-time, post-baccalaureate work experience with demonstrated career advancement consistent with the demands of the MBA program;
- A completed post-graduate degree (e.g., MD, JD, PhD, other earned Master’s degrees); or
- Professional Certification (e.g. , CPA, CFA, CEBS, etc.).
Required forms and documents:
- Completed application for admission. You can find the application online at admissions. umw.edu/graduate.
- Official transcripts of all undergraduate and graduate course work.
- Official GMAT or GRE scores taken within the last five years.
- Résumé outlining work experience and education.
- Demonstration of English competency if English is not your native language. Any of the following is acceptable:
- Test of English as a Foreign Language (TOEFL) – a minimum score of 88 on the Internet-based test or a 570 paper-based score. toefl.org.
- International English Language Testing System (IELTS) — a minimum score of 6.5 on the academic exam, ielts.org.
- Certificate of completion from the ELS Language Centers (ELS) Intensive English Program by completing Level 112.
- If applicable, the International Student Application Supplement found at umw.edu/admission.
Students are admitted for the fall or spring semester.
Application Due Dates:
- Fall Admission: June 1
- Spring Admission: October 1
Deferred Enrollment. Accepted applicants may ask the College of Business for the option of deferring enrollment for up to two consecutive semesters. Each case is considered on an individual basis. Those who are granted deferred enrollment are subject to rules, regulations, and financial charges in effect when they actually enroll. Students who enroll at another institution before enrolling at the College of Business must reapply for admission.
In cases involving military deployment, mobilization, or change in duty assignment, accepted applicants may request to extend the enrollment deferment for longer than two consecutive semesters. Any such requests will considered on an individual basis. A copy of the person’s military orders must be provided to the Office of Admissions to support such a request.
MBA Degree Requirements
Successful completion of all required core course and elective courses with a cumulative grade-point average of 3.0 or higher is required to meet degree requirements. All required course work must be completed within six years of matriculation into the program.
Prerequisite Course Waivers
Some incoming students may require additional prerequisite course work. The prerequisite course component is designed to provide the essential business knowledge and skills required for successful completion of the MBA program. The undergraduate prerequisite courses provide a non-business undergraduate student with a knowledge base comparable to that of a student with an undergraduate business degree. Some of the prerequisite courses may be waived through a variety of means:
• Completion of comparable course work from a regionally accredited college or university with a grade of C or higher.
• Successfully passing an examination addressing the course content. A prerequisite course may be challenged by exam only one time, as follows:
– CLEP or DANTES Exam or
– Faculty-developed exam, administered at the discretion of MBA faculty. This option is not available for some prerequisite courses.
Ordinarily, a maximum of six graduate credits can be transferred into the MBA program. To be accepted for transfer credit, courses must have been taken from a regionally accredited institution within the last six years with a minimum grade of B and must directly relate to one of the MBA program courses. Transfer credit is not given for internship or practicum experiences.
Requirements for Continuance in the MBA Program
All matriculated MBA students are expected to maintain satisfactory academic progress in their graduate courses toward completion of the MBA program. A cumulative GPA of 3.0 (B) or higher is required for graduation from the program.
Students must maintain a minimum cumulative GPA of 3.0 (B) in each 8-week session to remain in good academic standing. Any student whose cumulative GPA is below 3.0 at the end of any session will have the following session to correct the deficiency.
A student who earns three Cs (including C+, C, or C-) or one F in graduate courses in the program will automatically be suspended from the program.
Readmission to the MBA Program
Students who have not attended the University for three consecutive semesters, excluding summer session, must apply for readmission through the Office of Admissions. Students who are readmitted are subject to the degree requirements in effect at the
time of readmission. When a student is readmitted, the six-year limit from time of first admission is still in effect. Academic work that was completed more than six years before the date at which the MBA is awarded may not be used to satisfy the degree requirements. If a student needs additional time to complete the degree, the student must apply in writing to the Associate Dean for Faculty for an extension. Such requests must be received at least one month prior to the end of the student’s original six-year time limit.
A student who has been suspended from the program may apply for readmission after a lapse of three semesters. Applicants for readmission must meet current minimum admission requirements. Readmission to the program is not guaranteed.
MBA Course Requirements (30-48 credits)
Prerequisite Courses (0-18 credits) — All courses are 3 credits
LRSP 201 Accounting for Managers or ACCT 102 or equivalent
LRSP 316 Quantitative Methods and Statistics Modules or STAT 180 or equivalent
ECON 201 Principles of Macroeconomics or equivalent
ECON 202 Principles of Microeconomics or equivalent
LRSP 308 Management and Marketing Modules or (MGMT 301 or equivalent and MKTG 301 or equivalent)
LRSP 344 Financial Management or FINC 301 or equivalent
Any student who earns a grade below a C in one of the prerequisite courses above taken at the University must retake the course and earn a C or higher.
NOTE: Students may complete a maximum of 9 credits in graduate-level elective courses (including a maximum of six graduate transfer credits) prior to completion of all required prerequisite credits.
Required Core Courses (21 credits) — All courses are 3 credits
MBUS 502 Financial Decision Making for Managers
MBUS 523 Marketing Strategy
MBUS 525 Visionary Leadership
MBUS 529 Quantitative Business Modeling
MBUS 559 Accounting for Decision Making and Control
MBUS 595 Strategic Management
MMIS 500 Management Information Systems
Electives (9 credits)
9 additional credits chosen from any other 500-level MBUS or MMIS course.