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    Global Master of Business Administration (MBA)

    Program Description

    The Webster University Global MBA Program provides full-time graduate students the opportunity to live, learn and study for one term each at five of Webster University’s campuses in Europe and Asia. A structured, accelerated format allows students to complete the MBA in less than a year. Space is limited for this program, and special admissions requirements apply. This program is cohort-based, and admitted students begin in Fall 1 term only. Academic policies specifically related to this program are posted in the Global MBA Handbook. For more information, visit the website at www.webster.edu/globalmba.

    The Global MBA program is a rigorous academic series that delivers a combination of knowledge and skills that help prepare students for a career in a global business environment. Consisting of 36 credit hours of intense academic immersion, the academic experience is directed by faculty who are global experts in their fields.

    Classes are conducted in English and include local MBA students at each Webster University campus. With an emphasis on the practical application of business concepts, students learn how to apply real solutions to real problems in real time and demonstrate a strong sense of business fundamentals in a global context.

    Through the integration of coursework and the real-life experiences professors and students bring to a cohort-structured program, the Global MBA program helps students acquire the tools, knowledge and experiences that give them the competitive edge in today’s global marketplace.

    The degree requires satisfactory completion of 27 credit hours of the MBA curriculum and 9 credit hours of graduate electives selected for Global MBA students for a total of 36 credit hours, 

    The Walker School of Business & Technology is accredited by the Accreditation Council for Business Schools and Programs (ACBSP)
    for BS, BA, MBA, MA, MS, and doctoral programs in the Business and Management departments.


    Global Degrees

    Students enrolled in Webster Global degrees achieve greater comprehension of theoretical approaches to understanding global issues, not only through traditional course work, but also through lived experience in different nations, interaction with local people, and through field visits. Hence, there are several fundamental experiences that identify the “Global degree” from a “non-global” degree.

    • A Global degree cannot be completed at one Webster University campus alone.
    • A Global degree includes study at several Webster University campuses in a minimum of three different countries.
    • A Global degree allows students to engage in various cultures and develop a “global” perspective that might not otherwise be achieved.
    • A Global degree requires a structured rotation of students among the Webster campuses with a predefined academic curriculum for each campus.
    • A Global degree allows for the movement of a cohort of students between campuses while still achieving all of the requirements for graduation.
    • A Global degree has the intent that the time spent in the local culture at each Webster campus complements the academic work in the particular area of study.

    Global degree programs have a cohort of students. They are not available for single students moving among campuses. The cohort size will be determined by the academic department offering the Global degree. Therefore, the integration of location specific highlights that enhance academic understanding is crucial to a Global degree and should be organized as a part of the student’s coursework normally in professional seminars.


    Learning Outcomes

    Webster University MBAs possess foundation knowledge in each of the primary functional areas of business.

    Webster University MBAs can solve semi-structured business problems.


    • The MBA can utilize statistical analysis to assess product demand
  conditions.

    • The MBA can utilize financial analysis to assess an organization’s
  financial condition.

    • The MBA can utilize competitive analysis to assess 
  market position.
    • The MBA can address unstructured business problems that span multiple functional areas.



    Diplomas Awarded

    Once a student successfully completes the program, they will receive a Master of Business Administration from Webster University and a certificate recognizing completion of the Global MBA Program


    Requirements

    The Global MBA degree-seeking student should consult the General Admission and Global MBA Admissions requirements under Academic Policies and Procedures for policies regarding application, admission, registration, and the academic policies of Webster University.

    Prerequisites:

    • BUSN 5000 Business
    • BUSN 5600 Accounting Theory and Practice
    • BUSN 5620 Current Economic Analysis

    Note: Program prerequisites are to be completed before beginning coursework for the MBA for those students who have not completed prerequisite courses (or an appropriate equivalent) within five years of entering the program and having earned a grade of B or better.

    If the appropriate prerequisite course content was completed more than five years prior to entering the program, the department will allow a waiver if the student demonstrates command of the content area by successfully completing a waiver examination. Prerequisite courses may not count as electives in the 36-credit-hour MBA .

    The required courses in the Global MBA program are:

    • MRKT 5000 Marketing
    • MNGT 5590 Organizational Behavior
    • BUSN 5760 Applied Business Statistics
    • FINC 5000 Finance
          (Prerequisites: BUSN 5600 and BUSN 5760)
    • FINC 5880 Advanced Corporate Finance
      (Prerequisite: FINC 5000)
    • BUSN 6070 Management Accounting
      (Prerequisites: BUSN 5600 and BUSN 5760)
    • BUSN 6110 Operations and Project Management
      (Prerequisite: BUSN 5760)
    • BUSN 6120 Managerial Economics
      (Prerequisites: BUSN 5620 and BUSN 5760)
    • BUSN 6200 Strategy and Competition
      (Prerequisites: all of the above)
    • Additional 9 elective credit hours selected for Global students


    Admission

    Students who are interested in applying to this degree program should see the Admission Section of this catalog for general requirements.

    Admission Requirements

    Application deadline dates: 

    • Priority Application deadline November 1
    • Early Application deadline December 15
    • Regular Application deadline March 1
    • Rolling Admission  Applications reviewed as submitted

    Requirements for United States citizens and US permanent residents:

    • Official transcripts from all of your all previously attended colleges and universities (including community colleges and summer courses)
    • A personal statement (500-1000 words)
      • Please include personal and professional goals, your reasons for pursuing the Global MBA Program, and any additional insights into your character or academic/employment history that will be helpful to the admissions committee.
    • Two letters of recommendation from an academic or professional colleague
    • A Professional Resume
    • Official GMAT Scores
      • You can register to take the GMAT by going to www.mba.com
      • Our GMAT program code is: 4Z7-PN-02

    International Applicants

    (applicants who are not U.S. citizens or permanent residents) please complete all of the above and submit the following:

    TOEFL, IELTS or Pearson score-official only

    TOEFL   IELTS   Pearson
    Paper Computer   iBT
    575  230  90-91  6.5   61

    Send all required documents to the following address:

    Webster University
    Office of Admissions
    470 East Lockwood Avenue
    St. Louis, MO 63119-3194

    Interviews:

    Once your application file is complete, the Admission Committee will determine if you are qualified for an interview. Qualified candidates will be contacted for an interview by the admissions office.

    Webster University reserves the right to modify the requirements for admission and/or graduation, the program curricula, program dates and locations, tuition, fees, and other regulations affecting the student body.

    NOTE: Admitted students will be required to submit a deposit to secure their position in the class.


    Course Descriptions

    BUSN 5000 Business (3)

    This course is designed to provide a foundation in such general business concepts as economics, finance, accounting, business law, marketing, and other business systems.

    BUSN 5600 Accounting Theory and Practice (3)

    Students examine the accounting function and its role in modern business.Basic accounting theory and principles are examined, and some of the more important contemporary accounting developments are reviewed. Case studies are analyzed with an emphasis on situations from the students' own work experiences. This course is designed for consumers as opposed to producers of accounting.

    BUSN 5620 Current Economic Analysis (3)

    Implications of current economic events are examined through the applications of economic theory. Emphasis is placed on acquainting the student with methods of economic analysis in the context of current economic issues.

    BUSN 5760 Applied Business Statistics (3)

    The student examines the application of statistical analysis, hypothesis testing, and regression analysis in business decision making. The course should focus on the utilization of statistical methods as applied to business problems and operations.

    BUSN 6070 Management Accounting (3)

    The student examines advanced topics in management accounting as these relate to management information needs for planning, control, and decision making. Topics include interpretation of standard cost variances; application of quantitative techniques; evaluation of divisional performance; activity-based costing; and the behavioral impact of accounting systems. Prerequisites: BUSN 5600 and BUSN 5760.

    BUSN 6110 Operations and Project Management (3)

    This is a course that focuses on the major managerial issues in manufacturing management and the tools that can be used to manage them. Special attention will be given to project management, including PERT, critical path scheduling, and time-cost models, in operations management and other business settings. The major operations management issues are quality management and control, capacity management, plant location, layout and design, production planning and scheduling, supply chain management, and inventory management. The analytical tools covered include queuing theory, statistical quality control, linear programming, and learning curves. Where appropriate, the use of operations management techniques in service and distribution organizations will be demonstrated. Prerequisite: BUSN 5760.

    BUSN 6120 Managerial Economics (3)

    The student examines the application of microeconomic theory as applied to the managers' responsibilities within the organization. This course should emphasize the quantitative and qualitative application of economic principles to business analysis. Prerequisites: BUSN 5620 and BUSN 5760.

    FINC 5000 Finance (3)

    The student examines the general nature of financial management, the American financial system, taxes, and the major financial decisions of corporations. Specific attention is given to present value and capital budgeting; risk and asset pricing; financial analysis and forecasting; financial decisions and market efficiency; and capital structure. Problem-solving methodology is used to illustrate the theories and tools in financial decision-making. Prerequisites: BUSN 5600 and BUSN 5760. (BUSN 5200 cannot be substituted for FINC 5000.)

    FINC 5880 Advanced Corporate Finance (3)

    This advanced study of corporate financial analysis and planning includes capital budgeting, cost of funds, and capital structure and valuation. Selected topics that may be covered are leasing, mergers, takeovers, business failure, reorganization, and liquidation. A combination of problem-solving and case study methodologies is used to illustrate theories and techniques helpful in financial analysis and planning. Prerequisite: FINC 5000.

    MNGT 5590 Organizational Behavior (3)

    This course introduces students to many of the basic principles of human behavior that effective managers use when managing individuals and groups in organizations. These include theories relating to individual differences in abilities and attitudes, attribution, motivation, group dynamics, power and politics, leadership, conflict resolution, organizational culture, and organizational structure and design.

    MRKT 5000 Marketing (3)

    Students examine the character and importance of the marketing process, its essential functions, and the institutions exercising these functions. Course content focuses on the major policies that underlie the activities of marketing institutions and the social, economic, and political implications of such policies.

    Updated 6/1/2011

    Students interested in this program may enroll through the St. Louis Home Campus.

    Contact:
    Denise Harrell
    Global MBA Program Admissions
    Phone: 314-246-8713
    Toll Free: 866-342-4447
    Fax: 314-968-7077
    Email: harreldm@webster.edu


    Students in the Global MBA typically visit the following locations:

    • Leiden, the Netherlands
    • Vienna, Austria
    • Bangkok, Thailand
    • Shanghai, China
    • Geneva, Switzerland

    For more information, visit the Global MBA page

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