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Program Change - July 1, 2017
Please note that starting July 1, 2017, the program requirements for the MBA program will change as follows: MBA 8811 "Human Resource Challenges," will change from 3-credits to 2-credits. All students admitted into the program after June 30, 2017, will be required to have foundational knowledge of HR principles as well, as demonstrated by prior undergraduate coursework, or by completing our online module in HR (BUS or PMBA 2800), or through proof of preparation by testing out.
Students who apply and select "Summer 2017" as their term of admission and are admitted into the program prior to July 1, 2017 are not affected by this change. If you want to avoid taking the foundational HR course, you must be admitted to the program prior to July 1, 2017. If you do not want to take any summer courses, you should register for GRAD 999 (a placeholder course) no later than July 2, to ensure you are considered admitted under the old curriculum.
Unlike many other programs, the Labovitz MBA program requires completion of only 32 graduate-level credits. This is accomplished by moving all pre-requisite course work prior to the program. Once the prerequisite coursework is completed (see below) the graduate-level coursework consists of 21 semester credits (Group B) in the functional areas of business and supporting areas, plus a 3-credit "capstone" strategic management/business policy course. In addition, all students complete 8 credits of MBA electives (Group C), with a minimum of 2 of the elective credits to be cross-functional courses.
Prerequisites (Group A)
Students are required to have an adequate quantitative background in business to begin the MBA program. These include:
1. College Algebra and Finite Mathematics.
2. Business foundation coursework, which is available online through UMD's Certificate in Business Administration. Business foundation courses include the following:
- BUS 2100 (2 cr), Fundamentals of Accounting
- BUS 2200 (2 cr), Fundamentals of Economics
- BUS 2300 (2 cr), Fundamentals of Operations Management
- BUS 2400 (2 cr), Fundamentals of Organizational Management
- BUS 2500 (2 cr), Fundamentals of Applied Statistics
- BUS 2600 (2cr), Fundamentals of Financial Management
- BUS 2700 (2cr), Fundamentals of Marketing
- BUS 2800 (2cr), Human Resource Management
*Note: Students completing all 8 BUS modules will earn a Certificate in Business Administration.
Prerequisites may be waived based on the applicant's prior business coursework if completed within the past 10 years. Students may also take a test to demonstrate their proficiency in these areas. Applicants with significant work experience in any of the business foundation areas may request to test out of the area(s) with appropriate proficiency.
Foundation courses may also be taken online through the UW Online Consortium. Instructions for registering for coursework as a Graduate Special Student may be found here. Note that the University of Minnesota allows a maximum of 12 credits taken outside of University of Minnesota system to be applied towards a UM graduate degree.
Core Curriculum (Group B)
- MBA 8501 (3 cr), Management Accounting*
- MBA 8311 (3 cr), Operations Management*
- MBA 8611 (3 cr), Financial Management*
- MBA 8711 (3 cr), Marketing Management*
- MBA 8811 (3 cr), Management of Human Resources*
- MBA 8512 (2 cr), Managerial Economics
- MBA 8211 (2 cr), Data Analysis & Statistics for Managers
- MBA 8111 (2 cr), Business Ethics
- MBA 8411 (3 cr), Strategic Management (Capstone Course: can only be taken after all * courses are completed)
Elective Course Options
Electives include all 4xxx level courses in LSBE unless they are specifically designated as non-graduate level credit.
In addition, MBA students may also register for the following:
- MBA 8994 (1-3 cr), Directed Research (contact MBA Director for more information)
- MBA 8995 (1-3 cr), MBA Elective Courses offered on a regular basis
- MBA 8910 (3 cr), Improvisational Theater for Business
- At least 2 credits of electives must be of a cross-functional nature. These are normally fulfilled by taking designated 1 credit cross-functional electives offered regularly.
- Students may optionally choose to complete a 6-credit field research project that is written as a thesis and presented before a thesis committee instead of elective coursework.
- Group C Elective courses may also be taken online through the UW Online Consortium. Instructions for registering for coursework as a Graduate Special Student may be found here. Note that the University of Minnesota allows a maximum of 12 credits taken outside the University of Minnesota system to be applied towards a UM graduate degree.
Students in the Labovitz MBA may choose to study abroad as one of their electives in the program. Each year, there are numerous opportunities to participate in short-term, faculty led, study abroad opportunities offered through the Labovitz School. Recent programs have included courses in Australia, China, India, Ireland, Peru, and Thailand. Unlike most graduate level courses, graduate students on these short-term programs pay the same program fee as undergraduates, but earn graduate level credit that counts towards their electives in the program.
More information on study abroad opportunities can be found at UMD’s Study Abroad Office website.