The W. Edwards
Deming School of Business
Master of Business Administration (MBA)
(with a concentration in Entrepreneurship and Small
Business Management)
The online Master of Business Administration Program (with a concentration
in Entrepreneurship and Small Business Management)is an independent study graduate degree
program. This MBA Program has been found to be of particular
interest to individuals interested in starting or purchasing a
small business as well as individuals providing consulting services
to entrepreneurial enterprises.
The Program will not be of material benefit to individuals
seeking a career objective of employment in a large national or
multi-national company.
The overall learning objectives of the Program are:
-
To develop the business skills necessary to
start or consult to a small business venture.
-
To develop and present a viable business plan
of appropriate depth and breadth to present to potential investors.
-
To explore the intricacies of effective management
and marketing of a small business.
-
To allow for a number of electives, focused
on various entrepreneurial and small business issues and procedures.
The online MBA Program is presented on a trimester basis. Students
are generally enrolled in 12 units per trimester. Each trimester
consists of a minimum time period of 16 weeks from the date study
commences. Students not completing all trimester coursework in
the 16-week period will be granted an automatic 32 week extension
of time to complete the trimester. Students may take a leave-of-absence
between trimesters. However, except in special circumstances,
the entire degree program (3 trimesters) must be completed within
5 years.
Independent Study
The University's independent study modality recognizes that education
is an individual process where individuals with different learning
needs and study schedules can be accommodated. It emphasizes learning
that is meaningful, where individuals enjoy the learning process,
and acquire knowledge to better understand and manage their own
careers.
The Program’s Faculty Mentors support the student’s
independent-study learning role by guiding and stimulating the
learning process in one-on-one interaction. Our faculty mentors
recognize individual learning styles and needs, encourage one-on-one
contact, and emphasize the relevance of the material to the individual's
situation.
Each course in the MBA Program contains a series of lesson
assignments generally consisting of reading requirements and research
projects. Students are evaluated through examinations and/or research
assignments which are submitted for faculty evaluation.
All assignments are submitted electronically. As set forth in
the University’s General Catalog, Internet access and minimum
computer requirements and skills are required as a condition of
admittance.
Curriculum
To earn the Master of Business (with a concentration in Entrepreneurship
and Small Business Management) degree, a student must complete
the courses outlined below with a cumulative grade point average
of at least 3.00. The requirements may be completed in as little
as twelve months, and must be completed within five years from
the date of initial enrollment.
| First Trimester (12 units)
|
| BUS511 |
Entrepreneurship |
4 units |
| MGT511 |
Managerial Perspectives |
4 units |
| MKT511 |
Marketing Management |
4 units |
| Second Trimester (12 units)
|
| FIN502 |
Financing the Business Venture |
4 units |
| ACC513 |
Managerial Accounting** |
4 units |
| BUS519 |
Business Research Methods |
4 units |
| Third Trimester (12 units)
Elective Course Options |
| Choose two courses from the following: |
| BLW513 |
The Legal and Regulatory Environment of Business
|
4 units |
| BUS512 |
Franchising and Licensing |
4 units |
| BUS516 |
Commercial Leasing |
4 units |
| BUS503 |
Valuing a Small Business or Professional Practice |
4 units |
| FIN514 |
Financial Planning Principles |
4 units |
| FIN515 |
Money and Capital Markets |
4 units |
| MKT513 |
Public Relations |
4 units |
| |
|
|
| Choose one course from the 2 options
below (BUS596 or BUS597): |
| BUS596 |
Business Plan |
4 units |
| BUS597 |
Capstone |
4 units |
**Accounting graduates or CPA's may substitute an elective.
Total Semester Units Required for Graduation: 36
Financial Information
The tuition for the Program is $225.00 per unit.
Current information on financial aid is set forth on the University’s
website. Enrollment in the Program will generally qualify students
for payment deferrals on existing federally insured student loans.
Applicants seeking deferrals on existing student loans should
check with their lenders prior to enrollment. Additional information
on financial aid and tuition financing can be found under Tuition,
Financial Aid and Financing.
The Taft University System Grant Program
William Howard Taft University has announced that, for a limited
time, students who can allocate the time to progress though its
M.B.A. Program at an accelerated pace have a unique opportunity
to save a significant amount of tuition.
Click here for details.
|
| Application Fee |
$100
|
| Transfer Credit Evaluation Fee |
$55 |
| Portfolio Credit Evaluation Fee |
$100 |
| Registration Fee (Per Trimester) |
$50 |
| Graduation Check/Diploma Fee |
$75 |
| Computer Library Fee (Per Trimester) |
$45 |
Administrative Accounting Fee (Per
Trimester)
(Installment Payment Option Only) |
$25 |
| Transcript Fee (Two Provided at No
Cost) |
$10 |
| Returned Check Fee |
$25 |
The cost of books and materials, other than each course syllabus,
is not included in the tuition. Most books and materials may be
purchased at local colleges, retail bookstores, directly from
publishers or over the Internet. The cost is estimated to average
approximately $125.00 per course.
Admission Policies and Requirements
Applicants who have earned a bachelor’s or first professional
degree from a college or university accredited by an accrediting
agency recognized by the United States Department of Education
may apply to the Program. The majority of applicants
to this Program are mature adults working in a variety
of professional settings. Many have not attended college for several
years. Consequently, prior class rank and grade point average
are not significant factors in the admission process.
To apply for admission to the Program, an applicant
must first complete the University’s Application
for Admission Form along with the required application
fee. It is not necessary to submit official transcripts at the
time of application. However, official transcripts will be required
within 60 days of enrollment.
If the applicant is accepted for admission to the Program,
enrollment materials will be prepared and sent to the applicant
for review and signature.
All payments submitted for tuition and fees must be payable in
U.S. dollars. Payments may be made by MasterCard®,Visa®,
American Express® or personal/business check.
Foreign Applicants and Applicants with International Credentials
Applicants whose native language is not English and who have
not earned a degree from an appropriately accredited institution
where English is the principal language of instruction must receive
a minimum score of 530 on the paper-based Test of English as a
Foreign Language (TOEFL), or 71 on the iBT, or its equivalent.
For more information on TOEFL visit the website: www.ets.org/toefl
Transfer Credit and Portfolio Credit
The acceptance of transfer credits between academic institutions
lies within the discretion of the receiving college or university.
Credits earned at William Howard Taft University may or may not
be accepted by another institution depending upon its own programs,
policies, and regulations.
The University is committed to providing students the greatest
opportunity to apply previously earned credit toward their chosen
degree program. Subject to the limitations of state and accreditation
regulations and academic comparability, students may apply to
have credit awarded through completion of:
MBA students may apply to transfer up to a total of 18 units
of Transfer Credit (or a combination of transfer credit and experiential
or equivalent credit). A maximum of 9 units may be awarded for
adequately documented and validated Experiential or Equivalent
Credit.
Foreign Degree Evaluation
Applicants wishing to transfer in credits or degrees earned at
institutions located outside the United States must have their
academic transcripts evaluated and certified by a National Association
of Credential Evaluation Services, Inc. (NACES) member organization.
Applicants will be assessed a fee by the certifying organization
and should request that the report be sent directly to Taft University.
Applicants transferring in a degree need to request a General
Degree Evaluation sometimes called a Document by Document Evaluation.
Applicants wishing to transfer in credits toward specific courses
must request a Course-by-Course report.
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Course Descriptions
ACC 513 Managerial Accounting (4 Units)
This course offers a balanced coverage of concepts, methods, and
uses of managerial accounting with a strong emphasis on management
issues. The principal course objective is to help the MBA student
focus on concepts and managerial uses of accounting information,
rather than the techniques of cost accounting.
Prerequisites: First Trimester courses.
BLW 513 The Legal and Regulatory Environment of Business
(4 Units)
This course highlights the legal and regulatory environment in
which people and companies conduct business activities. It emphasizes
public rather than private law.
Prerequisites: Second Trimester courses.
BUS 503 Valuing a Small Business or Professional Practice
(4 Units)
This course explores the most commonly accepted valuation methods
for closely-held businesses and professional practices. It also
covers defining value for different purposes, the impact on value
of cash versus financing options, as well as how to work with
professional business appraisers and business brokers.
Prerequisites: Second Trimester courses.
BUS 519 Business Research Methods
(4 Units)
This course explores practical research theory and processes that managers
can use to assist in decision making. Students will study research methods,
information analysis, information evaluation, and strategy development based
on sound research.
Prerequisites: First Trimester courses.
BUS 516 Commercial Leasing (4 Units)
Often the largest financial commitment of the small or developmental
stage business, this course covers lease negotiations, the lease
document, and tenant improvements for both office and retail leases.
Prerequisites: Second Trimester courses.
BUS 511 Entrepreneurship (4 Units)
This course presents an overview of all aspects of entrepreneurship
including developing a viable concept, organizing the enterprise,
market and financial planning, and controlling the organization
with a special emphasis on concepts of goal setting, motivation
and the psychology of achievement.
Prerequisites: None.
BUS 512 Franchising and Licensing (4 Units)
This course explores concepts of franchising, benefits and problems
from both a franchisor and franchisee perspective, as well as
legal requirements. Students research actual franchise opportunities.
Prerequisites: Second Trimester courses.
BUS 602 Business Research
(4 Units)
A fundamental key to successful management is information. Knowing what information is needed, when it is needed, how to collect it, and how to interpret it can be the critical process to success. More than basic decision making research; managers should be able demonstrate the capacity to add unique knowledge to the national body of knowledge of business. This course will focus on practical theory and processes that managers can use to assist in the decision making matrix. It will also provide the foundation for developing the practical projects of each course and the program. The process will include analyzing the information, evaluating the results, and developing a strategy that leadership can implement.
Prerequisites: First Trimester courses.
BUS 596 Business Plan (4 Units)
In this capstone project, the candidate develops a comprehensive
business plan.
Prerequisites: All Core and Elective courses.
FIN 502 Financing the Business Venture (4 Units)
This course focuses on setting out the basic principles of financial
management and applying them to the decisions faced by the financial
managers. It shows how managers value investments that may pay
off at different points in time or have different degrees of risk.
The course also explores financing alternatives available to the
small or developmental stage enterprise.
Prerequisites: First Trimester courses.
FIN 514 Financial Planning Principles (4 Units)
This course is intended to provide an in-depth understanding of
the basic principles underlying financial planning. Theoretical
concepts needed to understand and practice financial planning
are discussed in detail. The understanding of the theoretical
principles is then strengthened through real world examples.
Prerequisites: Second Trimester courses.
FIN 515 Money and Capital Markets (4 Units)
The principal objective of this course is to give students a clearer
picture of how the money and capital markets, which now completely
circle the globe, function to provide the many services and fulfill
the many roles they are expected to perform in today’s world.
Prerequisites: Second Trimester courses.
MGT 511 Managerial Perspectives (4 Units)
This course focuses on managerial careers, development of critical
executive and managerial abilities, and the dynamics of organizational
environment and systems as they impact managerial progression
and work.
Prerequisites: None.
MKT 511 Marketing Management (4 Units)
This course emphasizes the importance of teamwork between marketing
and all the other functions of the business, strategic market
planning, and presents company examples of creative, market-focused,
and customer-driven action.
Prerequisites: None.
MKT 513 Public Relations (4 Units)
This course presents information about public relations practice,
a brief summary of its development, and addresses trends that
might predict the future.
Prerequisites: Second Trimester courses.
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