Dec 04, 2024  
2024-2025 Academic Catalog 
    
2024-2025 Academic Catalog

Master of Business Administration, General MBA Concentration, MBA


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There are four concentrations in the MBA program:

All MBA classes are available in face-to-face and/or online formats. Each concentration has 30 credit hours to be completed.

Admission

Quincy University believes that diversity enriches and stimulates the overall MBA experience. Therefore, applications are encouraged from those in all fields. Each applicant will be considered on an individual basis by focusing on the applicant’s potential for successful completion of the program. Because applications are processed on a continuous basis, students may start taking coursework at the beginning of any term without having completed the application process. However, the applicant must have completed the application process by the end of the first semester of coursework.

Admission to the MBA program is administered by the Director of the program in accord with the guidelines of the MBA Steering Committee. Applicants must submit the following to the Quincy University Office of Graduate Studies:

  1. Application - A completed Application for Graduate Admission.
  2. Official Transcripts - Official transcript of undergraduate study, which verifies that a baccalaureate degree has been conferred, along with official transcripts of any additional study, undergraduate or graduate.
  3. Recommendations - Two completed recommendation forms from individuals who can address your academic and/or professional potential.
  4. Educational Requirements - Applicants must have or will have completed a baccalaureate degree. Undergraduate cumulative GPA of 3.0/4.0 or higher or with some significant experience, as determined by the Director of the program, will be recommended for admission without taking Graduate Management Admissions Test (GMAT). Applicants with GPA’s between 2.80 and 2.99 (on a 4.0 scale) will be required to take the GMAT with a score of 400 or better. Applicants are encouraged to submit a statement of explanation for a GPA between 2.50 and 2.80 (on a 4.0 scale), and to take GMAT exam with a score of 400 or better. Applicants whose GPA is less than 2.50 and/or score less than 400 on the GMAT rather than a 3.0 will be considered for conditional admission based on the following formula (200 x GPA) + GMAT must be equal or higher than 880. Students with a GPA below 3.0 and a satisfactory GMAT may be conditionally accepted into the program.
  5. International Students - Applicants from non-English speaking educational institutions must submit the results of the TOEFL. Generally a score of 550 for graduate admission is acceptable evidence of a student’s ability to study successfully in an English-speaking environment. Also, the applicant must submit documentation showing how his/her education will be financed. A bank official must authorize this financial documentation.
  6. Written Autobiographical Sketch - A 300-word written statement by the applicant detailing how their work and life experiences influenced their academic interest and professional goals.
  7. Professional Resume
  8. Enrollment fee of $200 upon registration.

Each student must satisfy the following prerequisites: Principles of Financial Accounting, Management Accounting, Principles of Management or Principles of Marketing, Business Finance, Principles of Micro-Economics, and Statistics.

Upon submission of all the materials required, the MBA Steering Committee will decide whether to accept or reject an applicant. Acceptance normally will be limited to those who hold baccalaureate degrees from accredited institutions and who show promise of success in graduate study. An applicant’s potential for success will be determined through a combination of the following criteria:

  1. A candidate’s overall or upper-level grade point average at the baccalaureate level (or some other relevant measure of scholastic performance); and
  2. A candidate’s letters of recommendation.

Quincy University recognizes that there are individuals who might not fulfill all the requirements for admission but who, for reasons such as personal advancement or intellectual curiosity, would like to participate in the MBA program. The University recognizes that experienced individuals might contribute significantly to the learning process and content of the program. Applicants may therefore be granted special status provided that they constitute no more than five percent of the total accepted students in the program at any one time. Special status students may opt to audit courses, but to receive the MBA degree these students must fulfill all the requirements for graduation (see section on graduation).

Transfer of Credit

A student may request that credit for coursework completed at another accredited institution be granted. Such coursework must be the graduate level equivalent(s) of the required courses, and normally a grade of at least “B” must have been earned. No more than three courses may be accepted and counted toward the MBA degree. Petition for transfer of credit must be made to the MBA Director, but approval must come from the MBA Steering Committee. Quincy University will not accept an “Independent Study” course as transfer credit in lieu of one of the required courses.

Academic Regulations

The grading system used by the MBA program is described in this catalog under Graduate Academic Policies. Graduate credit is earned for MBA courses in which a student receives a grade of at least “C.” Students are required to maintain a cumulative grade point average of at least 3.0. Normally, no more than two courses with a “C” or “C+” grade are allowed. A student whose cumulative GPA falls below 3.0 will be placed on probationary status. Failure to raise the GPA to 3.0 by the end of the following trimester of coursework will result in academic dismissal. A grade of “F” may result in academic dismissal. A student may appeal an academic dismissal in writing to the Graduate Appeals Committee, which makes decisions on a case-by-case basis. A second academic dismissal is final.

In exceptional cases, a grade of Incomplete (IN) may be given to a student. The decision to give a grade of “IN” rests solely with the instructor. All requirements for the course must be completed as stipulated in the Incompletes section of the Graduate Academic Policies. Failure to do so will result in the grade of “IN” automatically being changed to an “F.”

The same rules concerning withdrawals from an undergraduate course also apply to MBA courses.

Once accepted into the MBA program, the student must complete the entire program within five years. Failure to comply may result in the student being dropped from the program, in which case the student would have to reapply for acceptance and be subject to the rules, regulations, and requirements in effect at the time of reapplication.

Graduation

A student becomes eligible for graduation upon successful completion of the ten required courses with a minimum GPA of 3.0. Students must apply for graduation with the Registrar according to the Application for Graduation directions under Graduate Academic Policies. Students must have completed all coursework prior to the Commencement ceremony. Students will be allowed to participate in Commencement if they have completed all coursework.

MBA Pathway


Prospective students interested in the Quincy University MBA degree who do not have an undergraduate background in business may, upon admission to the MBA program, follow the “MBA Pathway” to meet the University’s MBA prerequisite course requirements. MBA Pathway Professional Studies courses include:

Note:


*Either is acceptable

For PBU course descriptions, see Courses in Professional Studies. For more details about the MBA program, see Courses in Master of Business Administration.

Capstone:


Students must complete the following capstone course for all concentrations:

Special Notice for CPA Candidates:


Each state’s board of accountancy outlines the state’s specific requirements for sitting for the CPA exam and licensure as a CPA.  Illinois (and many other states) allows students to sit for the Certified Public Accountant (CPA) exam with 120 semester hours of academic credit with specific requirements in accounting and business varying between states.  Licensure generally requires completing 150 semester hours of academic credit.

Students desiring to pursue licensure as a CPA may opt to pursue an MBA through the Oakley School of Business to  fulfill the 150-hour requirement.  

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