![]() 2012-13 General Catalog |
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Master of Business Administration ProgramAssociate dean
Senior assistant dean
Web site: http://tippie.uiowa.edu/mba/ The Henry B. Tippie School of Management offers a Master of Business Administration (M.B.A.) program that provides students with a foundation for future growth and flexibility in professional management. The program, which is fully accredited by AACSB International—the Association to Advance Collegiate Schools of Business, enables students to build broad-based professional portfolios of analytical skills, knowledge, leadership, and applied experiences. The curriculum is rigorous, yet learning takes place in a collaborative environment that builds teamwork skills and encourages independent problem solving. Students in Tippie M.B.A. programs come from every region of the United States and from countries worldwide. They represent a variety of backgrounds, undergraduate majors, and professional experience. The curriculum is designed for college graduates in any field; previous business course work is not required. However, full-time work experience is typically required for admission. Contact the Tippie School of Management for a brochure listing complete program requirements. Students in the full-time M.B.A. program may enroll in one of several joint degree programs, simultaneously earning an M.B.A. and a University of Iowa graduate or professional degree in another discipline. See "Joint M.B.A./Graduate and Professional Degrees" below. The Departments of Accounting, Economics, Finance, Management and Organizations, Management Sciences, and Marketing all contribute to the Master of Business Administration program through faculty participation and course work. Full-time M.B.A.The full-time M.B.A. program requires 68 s.h. of graduate credit, including 34 s.h. of required courses and 34 s.h. of career academy and elective course work. Students complete business foundation (core) courses during their first semester in the program (fall) and advanced core courses, career academy courses, and electives in the remaining three semesters. M.B.A. students must complete 06N:201 (MBA:8100) Leadership, Ethics, and Professionalism each semester; the course provides in-class and out-of-class training and experience in career advancement, ethics in business, leadership assessment and development, and academy-specific skill-building activities. Students may take part in several Global Learning Opportunities in international locations in order to increase their understanding of the global business environment and its implications for business conduct. The program's career academies are the framework through which students become experts in a specific business field. Each career academy provides a unique set of curricular offerings as well as academic and professional experiences that include industry projects, interactions with the business community and with alumni, and skill-building activities designed to increase each student's marketability. Prior to the second semester (spring), students choose one of the following career academies and concentration tracks based on their career goals. Finance Career Academy (concentration tracks: corporate finance and investment management) Marketing Career Academy (concentration track: managing customers, products, and brands) Strategic Innovation Career Academy (concentration tracks: process excellence and strategic management and innovation) The full-time M.B.A. study plan is as follows. First Semester
Second Semester
Third Semester
Fourth Semester
AdmissionApplicants to the M.B.A. program must submit a complete application file, including the following: a completed Tippie School of Management application form and fee; official transcripts of all undergraduate and graduate course work, which must be submitted to the Office of Admissions by each institution attended; official Graduate Management Admission Test (GMAT) scores; the completed supplemental application form with essay responses, a résumé, and a cover letter; and the names of three people who can provide recommendations. Applicants whose first language is not English must score at least 600 (paper-based), 250 (computer-based), or 100 (Internet-based) on the Test of English as a Foreign Language (TOEFL). In place of TOEFL, the program accepts International English Testing System (IELTS) scores. For TOEFL registration information, contact the University of Iowa Office of Admissions. The full-time M.B.A. program admits students only for fall entry. Application deadlines are as follows: International applicants: April 15 U.S. citizens and permanent residents (priority deadline): April 15 U.S. citizens and permanent residents: July 30 Applications received after April 15 are considered on a space-available basis. Accelerated Professional TrackHighly qualified undergraduate students in the University of Iowa College of Liberal Arts and Sciences, the College of Engineering, or the Tippie College of Business may be admitted to the full-time M.B.A. program's Accelerated Professional Track (APT). These students begin taking M.B.A. core courses as electives during their undergraduate programs; this permits them to earn a bachelor's degree and an M.B.A. more quickly than they would if they pursued each degree separately. APT students must complete an internship in the program. To enter the APT program, students must complete 90 s.h. of undergraduate work, have a g.p.a. of at least 3.50, have clearly defined career goals, and indicate their intent to pursue both degree programs on a full-time basis. Students also must have a professional background similar to that of students enrolled in the M.B.A. program. Joint M.B.A./Graduate and Professional DegreesJoint degree programs allow students to pursue two degrees simultaneously, earning both more quickly than they would if they pursued each degree separately. The Tippie School of Management collaborates with several other University of Iowa academic units to offer joint professional or graduate degrees: an M.B.A./J.D. with the College of Law; an M.B.A./M.D. with the Carver College of Medicine; and an M.B.A./M.H.A. with the College of Public Health. Separate application to each degree program is required. Applicants must be admitted to both programs before they may be admitted to the joint degree program. M.B.A. for Professionals and ManagersThe M.B.A. for Professionals and Managers (M.B.A.-PM) program requires 45 s.h. of graduate credit. The program is tailored for working professionals building on the synergies of working and concurrent learning. It prepares graduates to be effective leaders in the global marketplace. The curriculum is designed for students with varied backgrounds, undergraduate majors, and professional experience. Previous course work in business is not required. Courses are offered each semester during evening hours or weekends in Cedar Rapids at the college's Cedar Rapids Center; in Des Moines at the John and Mary Pappajohn Education Center (JMPEC); and in the Quad Cities at the Palmer College of Chiropractic; see Program Locations on the school's web site. M.B.A.-PM students also may enroll in full-time M.B.A. courses in Iowa City when space is available. The M.B.A.-PM program requirements include a business core of nine courses, which develops competency in general management skills and key functional business areas, and six business electives. The elective courses contribute to the development of an area of expertise and foster a deeper understanding of management and business practices; they are offered in marketing, finance, and management, with a smaller number offered in management information systems/operations management, accounting, and entrepreneurship. Students may take part in several Global Learning Opportunities in international locations in order to increase their understanding of the global business environment and its implications for business conduct. Some students earn the degree in as few as two years, but they may have up to 10 years to complete it. Most earn the M.B.A. in three years, taking two courses each fall and each spring semester and one course during the summer. Course sequencing is flexible. A sample study plan follows. FIRST YEAR
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| 06N:211 (MBA:8110) Marketing Management | 3 s.h. |
| 06N:212 (MBA:8120) Management in Organizations | 3 s.h. |
| 06N:215 (MBA:8140) Corporate Financial Reporting | 3 s.h. |
| 06N:216 (MBA:8150) Business Analytics | 3 s.h. |
| Business elective | 3 s.h. |
| 06N:213 (MBA:8160) Managerial Economics | 3 s.h. |
| 06N:225 (MBA:8180) Managerial Finance | 3 s.h. |
| 06N:229 (MBA:8190) Operations Management | 3 s.h. |
| Two business electives | 6 s.h. |
| 06N:223 (MBA:8210) Global Business Strategy | 3 s.h. |
| 06N:240 (MBA:8300) Strategic Management and Policy | 3 s.h. |
| Three business electives | 12 s.h. |
The M.B.A.-PM program admits students for summer, fall, or spring entry; applications are accepted throughout the year. Admission decisions are based on completed application materials, including quality of work experience, undergraduate grade-point average, GMAT score, and letters of reference. Applicants should have at least one and one-half years of postbaccalaureate professional work experience before admission.
Admission decisions are made before registration begins for completed applications received by the priority application deadline. Admitted applicants who have met the priority application deadline may request registration for classes on the first date of registration. The University must receive completed application materials by the following application deadlines.
Priority deadline for summer session (May): March 1
General deadline for summer session (May): April 15
Priority deadline for fall semester (August): May 1
General deadline for fall semester (August): July 15
Priority deadline for spring semester (January): October 1
General deadline for spring semester (January): December 15
Individuals who have not yet been admitted to the program may request pre-M.B.A. status by submitting their résumé and transcript to the Tippie School of Management for approval; they should have at least one and one-half years of postbaccalaureate professional work experience. Those granted special pre-M.B.A. status may enroll in a maximum of three M.B.A.-PM courses over 12 months, with a maximum of two courses per semester, including the winter session.
Students must take at least one of the following courses during each semester of pre-M.B.A. status.
| 06N:213 (MBA:8160) Managerial Economics | 1-3 s.h. |
| 06N:215 (MBA:8140) Corporate Financial Reporting | 2-3 s.h. |
| 06N:216 (MBA:8150) Business Analytics | 2-3 s.h. |
| 06N:225 (MBA:8180) Managerial Finance | 2-3 s.h. |
Pre-M.B.A. students who begin with one course in their first semester must select that course from the list above. Those who take two courses their first semester must include one from the list above; for the second course, the program recommends a qualitative course such as 06N:211 (MBA:8110) Marketing Management or 06N:212 (MBA:8120) Management in Organizations.
Credit is applied to the degree once the applicant is admitted to the program.
The Executive M.B.A. requires 51 s.h. of graduate credit. The regular Executive M.B.A. program is held at the Pomerantz Center on campus in Iowa City, and the Executive Engineer Dual Master's Degree program is conducted at the Tippie College of Business Cedar Rapids Center. See Program Locations on the school's web site.
Course work for the Executive M.B.A. is presented over 21 months, typically beginning in mid-August with a five-day residency in Iowa City. The program continues with classes one day each week on alternating Fridays and Saturdays. A second five-day residency is held at the beginning of the second year. Students complete 16 core courses and an international business seminar (10-11 days during spring semester of the second year). Each entering class progresses through the program as a group.
Admission is limited to experienced managers and executives who want to broaden their management skills without interrupting their professional careers. Applicants should have at least 10 years of postgraduate managerial experience. Previous academic work in business is not required.
The Executive M.B.A. requires the following course work.
| 06J:227 (MGMT:9270) Human Resource Management | 3 s.h. |
| 06N:211 (MBA:8110) Marketing Management | 3 s.h. |
| 06N:212 (MBA:8120) Management in Organizations | 3 s.h. |
| 06N:213 (MBA:8160) Managerial Economics | 3 s.h. |
| 06N:215 (MBA:8140) Corporate Financial Reporting | 3 s.h. |
| 06N:216 (MBA:8150) Business Analytics | 3 s.h. |
| 06N:225 (MBA:8180) Managerial Finance | 3 s.h. |
| 06N:228 (MBA:8170) International Economic Environment of the Firm | 3 s.h. |
| 06N:230 (MBA:8330) Seminar in Strategic Management I | 1 s.h. |
| 06A:235 (ACCT:9020) Strategic Cost Analysis | 3 s.h. |
| 06A:245 (ACCT:9040) Financial Information and Capital Markets | 3 s.h. |
| 06F:215 (FIN:9300) Corporate Investment and Financing Decisions | 3 s.h. |
| 06J:232 (MGMT:9210) Legal Environment of Business | 3 s.h. |
| 06J:256 (MGMT:9110) Dynamics of Negotiations | 3 s.h. |
| 06N:229 (MBA:8190) Operations Management | 3 s.h. |
| Business Management Course | 3 s.h. |
| 06N:231 (MBA:8340) Seminar in Strategic Management II | 1 s.h. |
| 06N:235 (MBA:8500) Seminar in International Business | 1 s.h. |
| 06N:240 (MBA:8300) Strategic Management and Policy | 3 s.h. |
The International M.B.A. program in Hong Kong requires 45 s.h. of graduate credit. The program is designed for working professionals with at least three years of full-time work experience. Students enroll in classes sequentially. Most complete the program in 18-21 months. Each class begins with two weeks of online course work followed by two consecutive weekends of classes in Hong Kong and an additional two weeks of online course work. Faculty from Iowa travel to Hong Kong to teach the weekend classes. The program admits students year-round.
The International M.B.A. (Hong Kong) requires the following course work.
| 06N:211 (MBA:8110) Marketing Management | 3 s.h. |
| 06N:212 (MBA:8120) Management in Organizations | 3 s.h. |
| 06N:213 (MBA:8160) Managerial Economics | 3 s.h. |
| 06N:215 (MBA:8140) Corporate Financial Reporting | 3 s.h. |
| 06N:216 (MBA:8150) Business Analytics | 3 s.h. |
| 06N:225 (MBA:8180) Managerial Finance | 3 s.h. |
| 06N:228 (MBA:8170) International Economic Environment of the Firm | 3 s.h. |
| 06N:229 (MBA:8190) Operations Management | 3 s.h. |
| 06N:240 (MBA:8300) Strategic Management and Policy | 3 s.h. |
| Business electives | 18 s.h. |
The International M.B.A. program in Italy requires 47-53 s.h. of graduate credit. The 11-month program is held primarily at the Consortium Institute of Management and Business Analysis (CIMBA) campus in Asolo, Italy, but the final course is completed on the University of Iowa campus in Iowa City. The program focuses on personal leadership development and emphasizes strategic management, consulting, and international business. Students apply what they learn through consulting projects with local and international companies. In addition to the M.B.A., students earn certificates in Kepner-Tregoe problem solving and project management and a Six-Sigma Green Belt certificate in addition to the M.B.A. degree. The program's faculty is drawn from The University of Iowa and from institutions across the United States and Europe.
The program admits students only for fall semester entry. Applicants must have at least two years of full-time work experience.
The International M.B.A. (Italy) requires the following course work.
| 06N:211 (MBA:8110) Marketing Management | 3 s.h. |
| 06N:212 (MBA:8120) Management in Organizations | 3 s.h. |
| 06J:262 (MGMT:9120) Leadership and Personal Development | 3 s.h. |
| 06N:213 (MBA:8160) Managerial Economics | 3 s.h. |
| 06N:215 (MBA:8140) Corporate Financial Reporting | 3 s.h. |
| 06A:235 (ACCT:9020) Strategic Cost Analysis | 3 s.h. |
| 06N:216 (MBA:8150) Business Analytics | 3 s.h. |
| 06K:217 (MSCI:9110) Advanced Analytics | 3 s.h. |
| 06T:220 (ENTR:9100) Entrepreneurship and Innovation | 3 s.h. |
| 06N:225 (MBA:8180) Managerial Finance | 3 s.h. |
| 06N:228 (MBA:8170) International Economic Environment of the Firm | 2 s.h. |
| 06N:229 (MBA:8190) Operations Management | 3 s.h. |
| 06K:292 (MSCI:9120) Supply Chain Management | 3 s.h. |
| 06N:240 (MBA:8300) Strategic Management and Policy | 3 s.h. |
| Electives | 6 - 12 s.h. |
See the course lists for individual departments for descriptions of M.B.A. electives.
| 06N:000 (MBA:8400) M.B.A. Internship | 0 s.h. |
| 06N:199 (MBA:8020) M.B.A. Competitive Prep | 1 s.h. |
| Professional development, career strategies for successful competition in the M.B.A. marketplace. | |
| 06N:200 (MBA:8000) Directed Readings-M.B.A. | 1-3 s.h. |
| 06N:201 (MBA:8100) Leadership, Ethics, and Professionalism | 1-2 s.h. |
| Optimize to thrive in a competitive business landscape as an ethical business leader; LEAP identifies opportunities and obstacles relevant to career goals and designs a detailed action plan to achieve it; rigorous academy‑specific activities provide context necessary to transition into higher levels of business; corporate speakers, round table discussions, group projects, individualized development; leverage experience and effectively market to employers, enhance leadership skills, and broaden business knowledge. | |
| 06N:202 (MBA:8420) M.B.A. Case Competition | 1-3 s.h. |
| Students represent Tippie School of Management in a case competition; internal case work, presentation and case analysis training. Requirements: M.B.A. student standing. | |
| 06N:203 (MBA:8410) Application in Organizational Leadership | 1 s.h. |
| Opportunity to develop leadership skills necessary for managing student organizations; class discussion, workshops, guest speakers; for M.B.A. organization treasurers and presidents. | |
| 06N:204 (MBA:8130) Corporate Communications | 2 s.h. |
| Effective communication to become a successful business professional and leader; strengthen ability to speak and write confidently, competently, and effectively, regardless of venue; varied team and individual presentation coaching, applied exercises. | |
| 06N:205 (MBA:8010) M.B.A. IMPACT | 0 s.h. |
| Introduction to the Tippie M.B.A. program and its culture; activities accentuate themes of involvement, motivation, professionalism, achievement, and challenge; week‑long immersion in collaborative team‑building experiences. | |
| 06N:211 (MBA:8110) Marketing Management | 2-3 s.h. |
| Concepts, principles, models of marketing management; focus on strategic planning, management decision making, and implementation of marketing programs. | |
| 06N:212 (MBA:8120) Management in Organizations | 2-3 s.h. |
| How to explain, predict, and influence behavior in organizations; decision making, leadership, communication, group skills in management positions; motivation, leadership, teams, organizational culture, organizational design, individual differences, organizational change. | |
| 06N:213 (MBA:8160) Managerial Economics | 1-3 s.h. |
| Models of consumer and firm behavior with applications; market equilibrium and structure; pricing decisions. | |
| 06N:215 (MBA:8140) Corporate Financial Reporting | 2-3 s.h. |
| Contemporary financial reporting practices in the United States; how alternative accounting treatments affect the usefulness of financial information in applied decision settings. | |
| 06N:216 (MBA:8150) Business Analytics | 2-3 s.h. |
| Introduction to analytical techniques for making business decisions; utilizing Excel to apply descriptive and predictive analytical tools to solve practical business problems using real world data; dealing with uncertainty in decision making; formal probability concepts and statistical methods for describing variability (decision trees, random variables, hypothesis testing); application of techniques (linear regression, Monte Carlo simulation, linear optimization) to model, explain, and predict for operational, tactical, and strategic decisions. | |
| 06N:223 (MBA:8210) Global Business Strategy | 3 s.h. |
| Strategic frameworks and skills critical for success in the global marketplace; content of an economic environment; cultural, ethical, and legal issues in the conduct of international business; how companies enter foreign markets and grow international subsidiaries, succeed in mergers and acquisitions, cooperate in joint ventures and strategic alliances. Prerequisites: 06N:212 (MBA:8120). | |
| 06N:225 (MBA:8180) Managerial Finance | 2-3 s.h. |
| Time value of money, applications of present value techniques; stock and bond valuation, capital budgeting, cost of capital calculation, portfolio formation and efficient market analysis, financial statement analysis, pro forma analysis, hedging financial risks. Corequisites: 06N:215 (MBA:8140), if not taken as a prerequisite. | |
| 06N:228 (MBA:8170) International Economic Environment of the Firm | 2-3 s.h. |
| Basic determinants of aggregate output, employment, wages, unemployment, consumption, investment, international trade flows, interest rates, exchange rates, prices and inflation in open economies; sources and nature of economic growth; effects of domestic and foreign monetary, fiscal policies; effects of trade, exchange rate policies. Prerequisites: 06N:213 (MBA:8160). | |
| 06N:229 (MBA:8190) Operations Management | 2-3 s.h. |
| Planning and decision‑making activities for managing an organization's operations; trade‑offs associated with operations management decisions, tools and techniques for helping operations managers implement decisions and reach goals; production and service delivery strategy, capacity planning, product and process design, total quality management, demand management, production and service planning, scheduling, materials control, emerging production and service technologies. Prerequisites: 06N:216 (MBA:8150). | |
| 06N:230 (MBA:8330) Seminar in Strategic Management I | 1-3 s.h. |
| Introduction to strategic management; the role of marketing, operations, and finance in strategic planning; case studies. | |
| 06N:231 (MBA:8340) Seminar in Strategic Management II | 1-3 s.h. |
| Strategic management integrating all aspects of business; computer simulation, lectures, case studies, readings. | |
| 06N:235 (MBA:8500) Seminar in International Business | 0-6 s.h. |
| Issues and challenges facing organizations doing business in international markets; social, economic, political factors, business policies and customs in the global environment; may include travel, study abroad. Requirements: M.B.A. enrollment. | |
| 06N:240 (MBA:8300) Strategic Management and Policy | 2-3 s.h. |
| Firm's competitive strategy from a manager's perspective; key strategic frameworks; integration of concepts learned throughout M.B.A. program, previous work experience. Prerequisites: 06N:211 (MBA:8110), 06N:215 (MBA:8140), 06N:225 (MBA:8180), and 06N:229 (MBA:8190). | |
| 06N:241 (MBA:8310) Business Integration | 1-3 s.h. |
| Student teams run an operational business simulation, conduct organizational/industry analysis, assess market opportunities, define strategic direction, compete for company profitability and market share. Prerequisites: 06N:211 (MBA:8110), 06N:215 (MBA:8140), 06N:225 (MBA:8180), 06N:229 (MBA:8190), and 06N:240 (MBA:8300). | |
| 06N:244 (MBA:8309) Consulting Project Leadership | 1 s.h. |
| Student Team Leads for the Business Solution Center engage in activities to support the launch of spring consulting projects; initial client interactions, project scope, project planning documents, project arrangement letters, and detailed work plans in consultation with their client and Business Solutions Center leadership; basics of leading a team of student consultants. Prerequisites: 06N:211 (MBA:8110), 06N:212 (MBA:8120), 06N:215 (MBA:8140), 06N:216 (MBA:8150), 06N:225 (MBA:8180), 06N:229 (MBA:8190), and 06N:240 (MBA:8300). Requirements: full‑time M.B.A. student. | |
| 06N:245 (MBA:8200) Strategic Business Consulting | 1-6 s.h. |
| Plan, schedule, and deliver strategic consulting services to commercial enterprises; project definition, preparation and presentation of deliverables, client relationship management. | |
| 06N:251 (MBA:8501) M.B.A. Coaches Program | 1 s.h. |
| Development of coaching skills while leading a rigorous peer‑to‑peer mentoring program with first‑year M.B.A. students; improve ability to communicate, motivate, influence, train, and develop others as well as develop high level competency in coaching in critical career development skills, such as business communications, crafting a personal brand pitch, interviewing preparation, and creating and leveraging a network; successful leaders are skilled coaches, so the benefits of this course to both coach and mentee, extend far beyond the classroom experience and time as a Tippie student. | |