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The W. Edwards Deming School of Business

Master of Business Administration (MBA)

The online Master of Business Administration Program is an independent study graduate degree program. The Program is of particular interest to individuals interested in acquiring the skills and educational qualifications needed to succeed in almost any business environment. The MBA Program benefits those in executive and managerial positions as well as individuals providing consulting services to enterprises of varying size and structure.

The overall learning objectives of the MBA Program are:

  • To develop the business skills necessary to start or consult to a small business venture.
  • To develop and refine business plans that incorporate best practices and align with company goals and objectives.
  • To explore the intricacies of effective management and marketing of businesses of varying size and structure.
  • To allow for a number of electives, focused on various entrepreneurial and 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 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 Administration 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)
MGT511 Managerial Perspectives 4 units
MKT511 Marketing Management 4 units
FIN515 Money and Capital Markets 4 units

 

Second Trimester (12 units)
BUS511 Entrepreneurship 4 units
BLW513 The Legal and Regulatory Environment of Business
4 units
ACC513 Managerial Accounting** 4 units

 

Third Trimester (12 units) General Elective Course Options
Choose a minimum of 8 units from any of the following:  
BUS503 Valuing a Small Business or Professional Practice 4 units
BUS519 Business Research Methods 4 units
BUS512 Franchising and Licensing 4 units
BUS516 Commercial Leasing 4 units
FIN502 Financing the Business Venture
4 units
FIN514 Financial Planning Principles 4 units
MKT513 Public Relations 4 units


Elective Focus Area Options
Enhance the business foundation by majoring in one or two management focus areas. Focus areas give you the opportunity to gain specialized knowledge in the following disciplines:

Strategic Management  
BUS559 Strategic Business Innovation 2 units
BUS570 Product Design as Business Strategy 2 units
BUS560 Strategic Staffing 2 units
BUS550 Self Leadership 2 units
Operations Management  
BUS552 Business Operations Innovations 2 units
BUS555 Product and Operations Quality 2 units
BUS550 Self Leadership 2 units
Information Management  
BUS552 Business Operations Innovations 2 units
BUS570 Product Design as Business Strategy 2 units
BUS572 Data Visualization and Presentation 2 units
Human Resources Management  
BUS565 Human Resource Management Framework 2 units
BUS562 Performance Management 2 units
BUS560 Strategic Staffing 2 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.

FEE SCHEDULE

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:

  • Transfer Credit: Transfer credit toward a degree may be awarded for postsecondary courses completed by the student at other institutions if such courses are found to meet the standards and requirements of the specific program. Transfer credit must be from an appropriately accredited institution. Credit transfer will not be denied solely on the source of accreditation of the sending institution.
  • Portfolio Credit: A demonstration of college-level learning to earn course credit for professional and life experience. Credit may be given for adequately documented and validated experiential equivalent learning of a postsecondary nature. Examples include credit for learning acquired through business experience, college level equivalent tests, achievement in a related profession, or other postsecondary level equivalent experience. Students with prior military experience may also apply to have military coursework and documentation evaluated for possible equivalent college credit.

    Portfolio credit is not available for the Master of Science in Taxation (MST) program.

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: First 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: First Trimester courses.

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 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: Second 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 550 Self Leadership (2 Units)
This course is a comprehensive examination of Leadership grounded in sound principles and research. It explores methods for achieving personal goals using self-assessment, self-reward, self-talk, mental imagery, team-think, and other cutting-edge concepts. The emphasis of the course is on Self-Leadership and application, with some review of theories related to leading others; however the focus here is in self-leadership tools as a means to the successful leadership of others.

BUS 552 Business Operations Innovations (2 Units)
This course is designed around the core principle that companies can’t survive without innovating. The course and assignments are a centered balance between how organizations manage the process of generating new ideas against what it means to be able to execute against those ideas operationally, turning ideas into actual breakthrough products, services, and process improvements. The course reviews building the right teams and managing operational processes while testing new assumptions and forecasting & measuring change results.

BUS 555 Product and Operations Quality (2 Units)
This course captures the fundamentals of Six Sigma methodology and shows how to use its tools and techniques to improve customer satisfaction and business performance through product and operations quality. Offering a practitioner’s point of view, this course covers key topics such as quality function deployment; DMAIC problem-solving; measures and metrics; project management; statistical methods; control charts; reliability; failure modes and effects analysis; and lean manufacturing. The course is based in realistic industry examples to support each topic.

BUS 559 Strategic Business Innovation (2 Units)
This course focuses on the topic of Strategic Planning and how effective Strategic Planning is one of the most important steps a company can take in order to build a competitive advantage in the modern marketplace. The course presents a strategic model that represents a comprehensive and effective approach to understanding and executing the strategic planning process in any size organization. The course describes the concepts of competition and competitive advantage, explains the ins and outs of writing a strategic plan and the importance of executing the plan, and provides simulation cases for discussion.

BUS 560 Strategic Staffing (2 Units)
The Strategic Staffing course prepares managers to take a strategic and modern approach to the identification, attraction, selection, deployment, and retention of talent. Grounded in research but full of real-world examples, this course describes how organizations can develop a staffing strategy that reinforces business strategy, leverages staffing technology, and evaluates and improves staffing systems. The focus is on the Staffing Context; Planning, Sourcing, and Recruiting; Selecting; and Managing the Staffing System.

BUS 562 Performance Management (2 Units)
This course emphasizes that the key competitive advantage in today’s globalized world lies, not in technology and products, but in its PEOPLE. In today’s globalized world it is easy to gain access to the competition’s technology and products. Given this, what is it that makes some businesses more successful than others? What is today’s key competitive advantage? In this course you will discover that the answer is people. Organizations with motivated and talented employees offering outstanding service to customers are likely to pull ahead of the competition, even if the products offered are similar to those offered by the competitors. This course is about the design and implementation of successful performance management methods.

BUS 565 Human Resource Management (2 Units)
This course is a concise yet thorough review of essential HR management concepts and strategies focusing on providing students and practicing managers with essential HR management concepts including fundamental practices, methods, topics, and relevant legal findings. The core design is to make the information relevant to managers both within the field of Human Resources, and also managers from other fields that need to be familiar with the Human Resources framework. Each part of the course focuses on how managers strategically use HR practices and technology in today’s business environment striking a balance between theory and real-world application.

BUS 570 Product Design as Business Strategy (2 Units)
This course explores product design and explains how to use design to transform a business, a brand, and the way a company operates. The core context of the course is that design drives innovation and should be at the core of a good business strategy. We explore the skills to identify possible futures, invent exciting products, build bridges to customers, solve tough problems, and more. The course reviews the theory, and requires critical thinking from the students as they apply design to different phases of business.

BUS 572 Data Visualization and Presentation (2 Units)
This course is a broad survey of modern and cutting edge information visualization techniques, the graphic presentation of data, which fosters simplified usages of technology through the representation of complex information at a glance. In modern Information Management, this field is emerging as the quintessential technological competitive advantage. This course examines the methods of two dozen visualization experts who approach their projects from a variety of perspectives -- as artists, designers, commentators, scientists, analysts, statisticians, and more. Together they demonstrate how visualization can help us make sense of the world. Firms that can understand their data, and create new data intense products, will be the market leaders well into the 21st century.

BUS 596 Business Plan (4 Units)
In this capstone project, the candidate develops a comprehensive business plan.
Prerequisites: All Core and Elective courses.

BUS 597 Capstone(4 Units)
The capstone course allows students to apply the knowledge gained throughout the program to a work-related project. Students work with a faculty member to select an appropriate project and outline the course scope and deliverables. It is expected that the completed project will deliver some business process improvement or other benefit to the student's work environment if possible.
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: Second 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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3-2012

Dr. Neil Johnson appointed to position of Chief Academic Officer

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3-2012

New Degree Program: MSITAM

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2-2012

Now Accepting Applications for the 13th Annual Doctor of Education Scholarship

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2-2012

Scholarship Winner Announced

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