W.A. FRANKE COLLEGE OF BUSINESS GRADUATE PROGRAMS UPDATES MBA Task Force Report James I. Hilliard, Ph.D. Associate Professor of Finance and Graduate Coordinator
MBA P ROGRAM C URRENT S TATUS • Full-time Only • Early Career • One-Year Program • Focus on Accounting Undergraduates • Integrated Curriculum – Select team-taught courses – Cohort Program – Nine hours of elective (Accounting or Applied Management)
MBA P ROGRAM C URRENT S TATUS • Inflexible • Costly • Inefficient • Not ideal for working professionals • No longer market-driven • Limited options for non-accounting students
MBA T ASK F ORCE C HARGE • Develop a program that is: – Flexible – Accessible – Market-driven – Built on NAU Core Competencies • Consider options: – In person – On-line – Blended – Flexible start times – Flexible class times
D EVELOP R EVISED L EARNING O UTCOMES • Decision-making: – Through Data Analysis – Through Social Responsibility – In a Global Context – In an Organizational Setting – In Crisis and Change – Incorporating Technology
P ROGRAM S TRUCTURE • Admission requirements: – Qualifying GMAT or GRE Score (or qualifying waiver) – 3.0 Minimum Undergrad GPA – Business Major/Minor OR Business Foundations Graduate Certificate – Math courses at least one level above College Algebra • Coursework: – A series of two-credit core courses – Nine credits of concentration/specialization – A capstone course in Strategy and Leadership – An international or cross-cultural experience
C OURSE D ELIVERY • Introductory courses can be delivered on-line – On- line education need not be “easy” or “dumbed down” – NAU is leading robust on-line course development – We will retain our comparative advantage in deep faculty engagement • More in-depth courses can be blended – On- line “didactic” component – In-person or distance video engagement with faculty • Residency component (Being developed) – Portions of several courses may be delivered during a two-week (or so) residency – Initially, held at Mountain Campus – Can be deployed for sufficient cohort sizes in other locations – Focus on team- building, communication, and other “soft” skills
C ORE C OURSES Applied Theory of the Firm Applied Theory of the Market Quantitative Analysis for Business Decisions Managerial Accounting Managerial Corporate Finance Business Analytics Business Law and Ethics Analytical Tools Integrated Risk Management Strategy and Leadership International/Intercultural Experience
C ONCENTRATIONS • Current – Accounting – Climate Science and Solutions (subject to approval) • To be developed – Business Analytics – Social/Not-for-profit Leadership – Bioengineering – Natural Resource Management – Arts Administration – Allied Health and Physical Therapy – Self-Directed Concentration
F UTURE D IRECTIONS AND C ONCLUSION • Expanded Business Graduate Programs – MBA with concentrations across campus – Master of Science in Accountancy – Master of Science in Finance • Conclusion – Updated learning outcomes for today’s vocational opportunities – Flexible and accessible delivery with multiple entry points – Courses designed to enhance any undergraduate training – Flexibility for student success at any point in a student’s career
Q UESTIONS AND F EEDBACK • What did we miss? • Is there anything that is not essential? • How can we make the most of delivery methods? • Thank you for your attention!
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