Master of Business Administration (MBA)
The Master of Business Administration (MBA) degree program uses an integrative approach that emphasizes real-world application of knowledge and problem-solving strategies and techniques. Sustainability and organizational decision making are incorporated into and across courses. Students customize this program by selecting an area of specialization to develop skills best suited to their academic and career goals. The MBA is backed by Drake University’s full resources and reputation and is fully accredited by AACSB – the hallmark of excellence in business education and earned by less than five percent of business schools.
Admission Requirements: (previous degrees, exams, etc)
Master of Business Administration applicants must meet the following admission requirements.
- Graduate Admission Application: Applications are available from the Drake Office of Graduate Admission, the Graduate Programs Office of the College of Business & Public Administration or you may apply on-line at https://www.applyweb.com/apply/drakeg/index.html .
- Application Fee of $25.00. Applicants who have previously paid the fee are not required to do so again.
On-line submissions require electronic fee payment that will be refunded if an application fee was paid for a previous Drake program.
- Official transcripts for ALL undergraduate and graduate coursework from EVERY institution attended (even if a degree was not earned).
- Current professional resume.
- Personal essay: A personal essay no longer than one page should explain the candidate’s reason(s) for pursuing the MBA degree. Examples of leadership background and experience should be included.
- Submission of two (2) letters of recommendation.
- Grade Point Average Criteria: Successful candidates for admission typically have the following minimum graduate point average. Students who do not meet these GPA minimums may contact the Graduate Programs Office of the College of Business and Public Administration for additional information.
- Undergraduate GPA = 3.00 (upper division and cumulative) and
- Graduate GPA = 3.00 (cumulative)
- Test requirement: Applicants must submit official GMAT results. Successful candidates for admission typically have a minimum score of 500. For GMAT testing information, go to: http://www.mba.com/mba/thegmat
- TOEFL exam: International candidates must submit TOEFL results. Minimum acceptable TOELF score is 213 on the computer-based examination, 550 on the paper-based examination or 79-80 on the internet based test.
- Application deadlines: To be eligible for consideration, applications must be received by the following deadlines.
Fall admission July 15
Spring admission December 1
Summer admission April 15
- Number of Credit Hours required:
Thirty-nine hours of credit are required for completion.
- Required Courses:
- Foundations of Decision Making (6 Hours)
MBA 240: Values and Ethics in Decision Making
MBA 242: Evaluating Organizational Performance
- MBA Core Courses (21 Hours)
MBA 250: Corporate Governance
MBA 251: Creating Customer Value
MBA 252: Information Technology & E-Commerce
MBA 253: Enhancing Firm Value
MBA 254: Leadership & Human Capital Development
MBA 255: Improving Operations through Data Analysis
MBA 260: Strategic Business Policy (Capstone)
- Areas of Specialization (9 Hours)
Each student must choose three elective courses from a group of electives designed to focus on an area of specialization. The areas of specialization include:
- Health Care Management
- Entrepreneurial Studies
- Human Resources
- Executive Development
- Financial Resources
- Nonprofit Management
- Operations Management
- Professional Development Seminars (3 Hours)
Each student must complete three 1-credit hour BUS 200 seminars for professional development.
- Other Requirements (experiential, exams, thesis, etc.)
BUS 205: Leadership Essentials (non-credit workshop)
Each student must complete this elite training experience during the first semester of enrollment. This workshop focuses on communication and leadership skills. The workshop offers a competitive edge by providing you with the skills to consistently lead, influence and inform others. A handful of workshops are offered each term. Students meet over two days, Friday 1:00-8:00 p.m. and Saturday 8:00 a.m. to 4:00 p.m.
- Any limitations and special policies (eg., gpa requirement, or requirements that students take certain courses at Drake):
- GPA: Maintain a 3.0 or higher
- Courses must be completed with a “C” or better; no more than two “C” grades may be received; the cumulative grade point, must be a 3.0 or better.
- 9 hours of graduate work may be transferred in from another AACSB accredited university.
- Transfer courses must be advisor approved.
- Courses transferred in are transferred as TR (no grade) and do not effect the Drake GPA.
- Transferred coursework must be at a B level or better.
- Transfer credits earned before admission are counted on the following scale:
- Courses taken 0-5 years before degree completion may be transferred in as full credit.
- Courses taken 6-10 years before degree completion may be transferred in as ½ credit.
- Courses over 10 years old are not accepted.
- Courses that are accepted must relate to the program of study.
- Students may complete the MBA program on either a part-time or full-time basis. Courses, however, are offered only in evening and weekend formats. There are no graduate level daytime courses.
- Students must be admitted to the MBA program to enroll in graduate courses.