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Master of Business Administration Program

Associate dean

  • David W. Frasier

Senior assistant dean

  • Colleen Downie
Professional degree: M.B.A.
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.

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.

Professional Program of Study

  • Master of Business Administration

The Tippie School of Management offers several M.B.A. programs: full-time M.B.A., M.B.A. for professionals and managers, executive M.B.A., and international M.B.A. (Hong Kong or Italy). Students in the full-time M.B.A. program have the opportunity to enroll in one of several joint degree programs, simultaneously earning an M.B.A. and a graduate or professional degree in law, medicine, or public health; see "Joint M.B.A./Graduate and Professional Degrees" below.

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 training and experience, both in and outside the classroom, in career advancement, business ethics, and leadership assessment and development. It also offers skill-building activities for the individual career academies. 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. Before 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. program's study plan is as follows.

First Semester
06N:201 (MBA:8100) Leadership, Ethics, and Professionalism2 s.h.
06N:204 (MBA:8130) Corporate Communications2 s.h.
06N:211 (MBA:8110) Marketing Management2 s.h.
06N:212 (MBA:8120) Management in Organizations2 s.h.
06N:215 (MBA:8140) Corporate Financial Reporting2 s.h.
06N:216 (MBA:8150) Business Analytics2 s.h.
06N:225 (MBA:8180) Managerial Finance2 s.h.
06N:229 (MBA:8190) Operations Management2 s.h.
Second Semester
06N:201 (MBA:8100) Leadership, Ethics, and Professionalism1-2 s.h.
06N:240 (MBA:8300) Strategic Management and Policy2 s.h.
06N:245 (MBA:8200) Strategic Business Consulting3 s.h.
Academy courses/electives9 s.h.
Third Semester 
06N:201 (MBA:8100) Leadership, Ethics, and Professionalism1-2 s.h.
06N:228 (MBA:8170) International Economic Environment of the Firm2 s.h.
06N:235 (MBA:8500) Seminar in International Business0-3 s.h.
Academy courses/elective12 s.h.
Fourth Semester 
06N:201 (MBA:8100) Leadership, Ethics, and Professionalism1 s.h.
06N:241 (MBA:8310) Business Integration2 s.h.
Academy course/elective15 s.h.

Admission

Applicants 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) or Graduate Record Examination (GRE) General Test 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) 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 information about registering for TOEFL or IELTS and reporting scores to the University, visit English Requirements for MBA Admission on the Office of Admissions web site and the TOEFL and/or IELTS web sites.

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 Track

Highly 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 Degrees

Joint 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 Managers 

The 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 concurrent work and 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 at three locations in Iowa: 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
 
06N:211 (MBA:8110) Marketing Management3 s.h.
06N:212 (MBA:8120) Management in Organizations3 s.h.
06N:215 (MBA:8140) Corporate Financial Reporting3 s.h.
06N:216 (MBA:8150) Business Analytics3 s.h.
Business elective3 s.h.
SECOND YEAR
 
06N:213 (MBA:8160) Managerial Economics3 s.h.
06N:225 (MBA:8180) Managerial Finance3 s.h.
06N:229 (MBA:8190) Operations Management3 s.h.
Two business electives6 s.h.
THIRD YEAR
 
06N:223 (MBA:8210) Global Business Strategy3 s.h.
06N:240 (MBA:8300) Strategic Management and Policy3 s.h.
Three business electives12 s.h.

Admission 

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 registration date. 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

Enrollment in Courses Before Formal Admission

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 Economics1-3 s.h.
06N:215 (MBA:8140) Corporate Financial Reporting2-3 s.h.
06N:216 (MBA:8150) Business Analytics2-3 s.h.
06N:225 (MBA:8180) Managerial Finance2-3 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 earned during pre-M.B.A. status is applied to the degree once the applicant is admitted to the program.

Executive M.B.A.

The Executive M.B.A. requires 51 s.h. of graduate credit. The Executive M.B.A. program is conducted at the Pomerantz Center on the University's Iowa City campus and at the Pappajohn Education Center in Des Moines, Iowa. 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 21-24 months. The program begins in mid-August (Iowa City) or in mid-January (Des Moines) with a five-day residency. It continues with classes one day each week on alternating Fridays and Saturdays (Iowa City) or on Friday and Saturday every other week (Des Moines). A second five-day residency is held at the beginning of the second year. Students have a four-week winter break and summers off.

Each entering class progresses through the program as a group. The curriculum includes 16 core courses, an international business seminar (10-11 days during spring of the second year), and work in small study groups throughout the program.

Admission is limited to experienced managers and executives who want to broaden their management skills without interrupting their professional careers. Applicants typically have at least 10 years of postgraduate managerial experience. Previous academic work in business is not required.

The Executive M.B.A. program requires the following course work.

FIRST YEAR
 
06J:227 (MGMT:9270) Human Resource Management3 s.h.
06N:211 (MBA:8110) Marketing Management3 s.h.
06N:212 (MBA:8120) Management in Organizations3 s.h.
06N:213 (MBA:8160) Managerial Economics3 s.h.
06N:215 (MBA:8140) Corporate Financial Reporting3 s.h.
06N:216 (MBA:8150) Business Analytics3 s.h.
06N:225 (MBA:8180) Managerial Finance3 s.h.
06N:228 (MBA:8170) International Economic Environment of the Firm3 s.h.
06N:230 (MBA:8330) Seminar in Strategic Management I1 s.h.
SECOND YEAR
 
06A:235 (ACCT:9020) Strategic Cost Analysis3 s.h.
06A:245 (ACCT:9040) Financial Information and Capital Markets3 s.h.
06F:215 (FIN:9300) Corporate Investment and Financing Decisions3 s.h.
06J:232 (MGMT:9210) Legal Environment of Business3 s.h.
06J:256 (MGMT:9110) Dynamics of Negotiations3 s.h.
06N:229 (MBA:8190) Operations Management3 s.h.
Business Management Course3 s.h.
06N:231 (MBA:8340) Seminar in Strategic Management II1 s.h.
06N:235 (MBA:8500) Seminar in International Business1 s.h.
06N:240 (MBA:8300) Strategic Management and Policy3 s.h.

International M.B.A. (Hong Kong)

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; most complete the program in 18-21 months. Students complete the required courses in sequence. Each course 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. Students are admitted to the program year-round.

The International M.B.A. (Hong Kong) program requires the following course work.

06N:211 (MBA:8110) Marketing Management3 s.h.
06N:212 (MBA:8120) Management in Organizations3 s.h.
06N:213 (MBA:8160) Managerial Economics3 s.h.
06N:215 (MBA:8140) Corporate Financial Reporting3 s.h.
06N:216 (MBA:8150) Business Analytics3 s.h.
06N:225 (MBA:8180) Managerial Finance3 s.h.
06N:228 (MBA:8170) International Economic Environment of the Firm3 s.h.
06N:229 (MBA:8190) Operations Management3 s.h.
06N:240 (MBA:8300) Strategic Management and Policy3 s.h.
Business electives18 s.h.

International M.B.A. (Italy)

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. degree, students earn certificates in Kepner-Tregoe problem solving and project management and a Six-Sigma Green Belt certificate. 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) program requires the following course work.

06N:211 (MBA:8110) Marketing Management3 s.h.
06N:212 (MBA:8120) Management in Organizations3 s.h.
06J:262 (MGMT:9120) Leadership and Personal Development3 s.h.
06N:213 (MBA:8160) Managerial Economics3 s.h.
06N:215 (MBA:8140) Corporate Financial Reporting3 s.h.
06A:235 (ACCT:9020) Strategic Cost Analysis3 s.h.
06N:216 (MBA:8150) Business Analytics3 s.h.
06K:217 (MSCI:9110) Advanced Analytics3 s.h.
06T:220 (ENTR:9100) Entrepreneurship and Innovation3 s.h.
06N:225 (MBA:8180) Managerial Finance3 s.h.
06N:228 (MBA:8170) International Economic Environment of the Firm2 s.h.
06N:229 (MBA:8190) Operations Management3 s.h.
06K:292 (MSCI:9120) Supply Chain Management3 s.h.
06N:240 (MBA:8300) Strategic Management and Policy3 s.h.
Electives6 - 12 s.h.

 

Courses

See course lists in the individual Tippie College of Business departmental sections of the Catalog for descriptions of M.B.A. electives. 

06N:000 (MBA:8400) M.B.A. Internship0 s.h.
 
06N:200 (MBA:8000) Directed Readings-M.B.A.1-3 s.h.
 
06N:201 (MBA:8100) Leadership, Ethics, and Professionalism1-2 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 Competition1-3 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 Leadership0-1 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 Communications2 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. IMPACT0 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 Management2-3 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 Organizations2-3 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 Economics1-3 s.h.
Models of consumer and firm behavior with applications; market equilibrium and structure; pricing decisions.
 
06N:215 (MBA:8140) Corporate Financial Reporting2-3 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 Analytics2-3 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 Strategy3 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 Finance2-3 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 Firm2-3 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 Management2-3 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 I1-3 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 II1-3 s.h.
Strategic management integrating all aspects of business; computer simulation, lectures, case studies, readings.
 
06N:235 (MBA:8500) Seminar in International Business0-6 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 Policy2-3 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 Integration1-3 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 Leadership1-2 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 Consulting1-6 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 Program1 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.