What is a Master of Business Administration?
A Masters of Business Administration (MBA) is a graduate level degree awarded to students with an advanced knowledge of business. MBA's cultivate skills in leadership with a focus on courses such as accounting, finance, economics, marketing and more.
Start Your Master of Business Administration with No GMAT Required
In any business-related career field, the MBA degree is highly sought after. The Master of Business Administration program at GCU enhances a broad range of marketable skills that can give job applicants an edge. Many working professionals want to get started on an MBA program online but lack the time to study for the GMAT. The Colangelo College of Business addresses this issue by inviting you to apply for the MBA program, with no GMAT required.
Future business leaders and executives will focus on leadership development, operations management and organizational growth. GCU filters these content areas through the lens of ethical decision-making and critical thinking with a Christian worldview. GCU is a regionally accredited, private university. The core programs from the Colangelo College of Business are approved by the Accreditation Council for Business Schools and Programs.
The Benefits of Having an MBA
The online MBA with no GMAT required offers a path for deepening your understanding of the business knowledge, skills and processes that fuel success. In this MBA program, you will enhance these skills:
- Transformational leadership
- Effective communication
- Ethical decision-making
- Critical thinking and analysis
- Productive networking
This master’s in business administration program is designed with a broad range of business fields in mind. As an MBA candidate, you will develop transferable skills that can apply to any industry.
Master of Business Administration Courses and Topics
GCU is a modern school that embraces a 21st century style of learning. With our online MBA program, you do not have to choose between your career and your education. Take courses online and take part in small group discussions in a diverse, online classroom. This degree requires a total of 46 credits. Most of the MBA online classes are eight weeks long.
The core program courses include:
- Leadership and Organizations
- Accounting Practices
- Finance Principles
- Applied Business Probability and Statistics
- Marketing Management
- Managerial Accounting
- Operations Management
You will also study quantitative tools and techniques, managerial finance, strategic management and economics. The coursework includes individual and group projects, case studies, theories and applications. Some of the core ideas you will examine include:
- Sustainability in the global marketplace
- Behaviors and techniques of efficient operations
- The use of economic data for smart decision-making
- Asset evaluation
The program explores the management of working capital and the raising of funds in capital markets, as well as financial forecasting.
Job Opportunities with an MBA
The MBA is a respected degree that increases the capabilities and credibility of job applicants. You may decide to pursue your MBA shortly after graduating from a bachelor’s program. Or, you may apply when it becomes apparent that having an MBA may be a path toward pursuing a career as an executive or manager.
Some examples of career paths that can stem from an MBA degree may include:
- Chief executive officer
- Vice president of operations
- Director of operations
Business leaders are often expected to have an MBA. According to the Graduate Management Admission Council, 79 percent of all employers surveyed expected to hire MBA graduates in 2017. A Master of Business Administration program can also open doors to future executives who are pursuing networking opportunities. According to the Graduate Management Admission Council, of all companies surveyed that implement internship programs, 66 percent planned to offer these opportunities to MBA students in 2017.
For nursing professionals, an MBA can help set you apart as a leader in the industry. GCU offers a pathway for nurses to earn both their Master of Science in Nursing with an Emphasis in Leadership and their MBA. When students complete their MSN-L and then enroll in the MBA program, they can even bypass two 4-credit classes (MGT-605 and SYM-506) and graduate faster.
Program Core Courses
This course is designed to prepare students for the graduate learning experience at Grand Canyon University. Students have opportunities to develop and strengthen the skills necessary to succeed as graduate students in the College of Business. Emphasis is placed on utilizing the tools for graduate success.
The purpose of this course is to introduce students to the College of Business, key concepts of leadership, and an overview of how the science of organizational behavior contributes to effective leaders and managers.
This course is designed for individuals who are preparing for more advanced coursework in accounting and for students who have not had accounting in undergraduate work. Topics covered include the principles and practices of financial accounting and the fundamentals of managerial accounting, such as cost behavior and budgeting. The course covers accounting theories using computational examples, and homework is problem solving.
This course is designed for individuals who are preparing for more advanced coursework in accounting and is designed for students who have not had finance in undergraduate work. Topics covered include financial analysis, financial planning, asset evaluation, capital structure, and working capital management.
The purpose of this course is to prepare students in mathematical, probability, and statistical concepts for their upcoming studies in quantitative methods. The course is intended for those students who have not had any prior statistical education, although students who have had statistics should also consider taking the course as a refresher.
This courses introduces microeconomic and macroeconomic concepts that are relevant to contemporary business. Emphasis is placed on using economic data for business decision making.
This course is a study in the quantitative tools and techniques used to model business functions and applications. Emphasis is placed on how to set up models, and how to interpret and apply their results. Prerequisite: SYM-506.
Management of the marketing function, market environmental analysis, and marketing planning, strategy, and control are fundamentals of marketing management. The course examines the marketing process, marketing research, product development innovation and diffusion, pricing strategy, distribution value drain, advertising and promotion, and strategic marketing issues. Emphasis is placed on case study analysis and current academic research with a marketing plan as a significant curriculum component.
This course covers managerial accounting concepts and procedures for internal reporting, including the study of cost behavior, cost systems, budgeting, and performance evaluation. Coursework includes case studies, group projects, and class discussion. Prerequisite: ACC-502.
Operations Management examines managerial concepts and strategies relating to the management of operations in both manufacturing and service environments. Emphasis is placed on methods to streamline and drive inefficiencies out of a firm’s internal processes to build a highly efficient organization. The course also focuses on external processes by examining ways to achieve greater supply chain integration with suppliers and customers. Quantitative and qualitative methods and tools are introduced and applied. Prerequisite: SYM-506.
This course discusses elements of business financial decisions, including financial forecasting and development of proformas, management of working capital, capital budgeting, capital structure, and raising funds in capital markets. Prerequisite: FIN-504.
This course examines the definition, formulation, and execution of strategy within organizations. There is specific emphasis on the role of innovation and leadership in strategic management and an organization’s ability to achieve and sustain competitive advantage. Prerequisites: MGT-605, MKT-607, ACC-650, and FIN-650.