Business Administration (Master of Business Administration)

The Master of Business Administration Degree provides students with a practical knowledge of a business environment. Students are offered the option of a generalized MBA (standard option or accelerated option) or a specialized degree program in one of two areas: Business Administration — Information Management and Business Administration — Project Management.

Students enrolled in master's programs are required to follow courses in the sequence set out for each program.

Standard Option MBA

This degree program provides students with a practical knowledge of a business environment. The MBA program covers finance, financial and managerial accounting, human resource management, information management, managerial economics, marketing, organizational behavior and quantitative analysis.

Accelerated Option MBA

Students who have three years of work experience in a business-specific role or have a conferred bachelor’s degree from an appropriately accredited institution with a concentration, emphasis, major or specialization in a business discipline and having earned a 3.0 GPA in that business degree, and who have 36 hours per week for coursework, can apply for the accelerated MBA schedule.

In the accelerated schedule, students are authorized to take two courses (6 credit hours) each term. This authorization extends to the point that a student is not making satisfactory academic progress (SAP), as defined in the University Catalog. If a student’s GPA is below the academic standing threshold between checks, the Dean reserves the right to reduce the student’s credit hour load.

The MBA is a general, graduate business degree program. This course of study emphasizes management, finance, financial and managerial accounting, macroeconomics, microeconomics, marketing, organizational behavior and quantitative analysis.

What will I learn in this online business administration degree program?

The MBA program emphasizes finance, financial and managerial accounting, human resource management, information management, macroeconomics and microeconomics, marketing, organizational behavior and quantitative analysis.

Plus, with the standard option, you can pursue a generalized MBA or a specialized degree program in one of two areas:

MBA – Project Management

MBA – Information Management

MBA OUTCOMES

Leadership

To obtain high-level or management positions, you’ll need skills to manage large teams of employees, make smart financial decisions and provide insight during project planning and implementation.

Students enrolled in Grantham’s MBA program will take courses designed to improve their overall management skills. Management within business may entail strategic decision making skills, as well as those that can promote consumer outreach and support. Through courses such as marketing management and strategic management, you can gain a better understanding of how to increase the efficiency of teams in many different organizational areas.

Information Technology

Information technology may be an important educational aspect for you while pursuing an MBA. Most businesses rely on IT to manage sales, communicate with customers, and design new products and services.

As society is constantly under change and innovation, the need for more experienced and tech-savvy professionals may be on the rise. Through the Information Management concentration of business-specific courses, such as Information Systems Strategic Planning, you can learn how to use technology while working in the field. Students with higher education in information technology may be able to provide more expertise and leadership to the companies for which they work.

Finance

Leadership professionals in the field of business should have the financial skills necessary to promote success at their organization. Our MBA program offers finance and accounting courses to help you become more fluid with the financial record-keeping process required in businesses of varying natures. Through these courses, you can learn to make smarter financial decisions that can lead to better overall money management.

Some topics you may encounter through these courses may include budgeting, financial analysis, and troubleshooting various financial issues at organizations. Through diverse coursework and classroom discussions, you can learn to apply principles of finance to everyday business activities and decisions.

What careers can I pursue with an online master’s in Business Administration degree?

For many, an MBA from Grantham is the right training (and the right degree) to open the doors of senior leadership and management opportunities3.

Careers and Job Outlook2

Supply Chain Managers

In business, there are many different specialized career options available. Having an MBA can help you gain meaningful positions for organizations responsible for providing goods and services to customers on a daily basis.

Those who earn an MBA can, for example, work as a supply chain manager at many organizations around the country. The supply chain manager may have many diverse responsibilities within his/her organization. On a daily basis, these professionals analyze project goals to determine how many employees it might take to complete a work order, the amount of supplies needed and the time it could take to complete. During the purchasing of goods for production, these managers may also compare prices of different suppliers, and work to combine shipments for maximum efficiency.

In some businesses, supply chain managers are the leading source of innovation for tackling new projects and service by providing ideas for money and time management. Professionals working in this position can earn around $105,610 per year. Over the next decade, supply chain management positions are projected to grow at a rate of 5-9%, about the national average.

Management Analysts

Our Master of Business Administration can potentially prepare you for a career in management, as well as management improvement. One career option for MBA graduates that includes both of these elements is management analyst. These professionals help streamline the management process by making tasks easier and more efficient.

A management analyst takes calls from potential clients seeking improved management techniques and more efficient management practices. This person may conduct an analysis on the business in question to determine aeas for improvement, as well as gather and analyze data in order to support his/her findings. The management analyst then initiates an improvement plan based on observations and information gathered during interviews and assessments. After helping implement the program plan, the analyst also follows up to ensure it is working effectively in the client organization.

Professionals working as management analysts may have the potential to earn $82,450 per year on average. Depending on where the analyst is employed, this figure can vary. On average, this position is experiencing a higher than average growth of 10-14%, which could open up even more opportunities for new graduates of our MBA program.

Operation Managers

Operation managers may be a leading source of direction and leadership in public or private organizations. Including many aspects of planning, financial management, analysis and general management, operations management is a great field for professionals who want variety on the job. These professionals can oversee the general operation of companies under their care, by helping plan and implement policies, and providing management services.

Operation managers’ daily duties include supervising financial records and spending, coordinating activities performed by various sectors of an organization, staff scheduling and task assignment. Professionals in these positions may also be in charge of supply purchase and budgeting, depending on their specific employer.

This position is ideal for MBA holders seeking a fast pace and a diverse career option. Since the responsibilities can greatly vary, depending on where a person is employed, it is hard to classify this career within management without including different aspects and roles. The average annual salary for operation managers is $100,410 and growth is expected to be 5-9% over the next 10-years.

How long is the online Master in Business Administration degree program?

At 36 credit hours, the standard option should be completed in 24 months. The accelerated option is designed to be completed in 12 months. Either option could take less time depending on how much transfer credit you receive.

How much will this online business administration degree program cost?

The graduate rate is $350 per credit hour – lower if you’re a member of the military, a veteran or part of a military family. Grantham also offers scholarships and financial aid for those who qualify.

Are there specific admission requirements for the Accelerated MBA program?

Because it is the same program in a condensed time frame, students are required to allocate at least 36 hours per week for coursework. Plus, they need three years of work experience in a business role and hold a business-related bachelor's degree. See section 1.4 of Grantham’s catalog for details.

When can I start?

Courses begin monthly. We’re ready for you when you are.

Call us at (888) 947-2684 to learn more about our business administration and management programs, financial assistance opportunities or about Grantham's enrollment process.

Students exercising the Accelerated MBA option should be able to complete the program in 12 months. See Grantham’s catalog, Section 1.4, for admission requirements.
Tuition only; fees and textbook costs not included.
2https://www.bls.gov/
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Business Administration (Master of Business Administration)

MBA Degree Program Outcomes

After earning your master’s degree in business administration from Grantham University, you will be able to:

  • Analyze knowledge, techniques, skills and tools of past, present and future business models
  • Apply current knowledge and adapt to emerging applications of all foundational business areas
  • Integrate theory and practice for the purpose of strategic analysis and planning
  • Use communication skills
  • Evaluate professional, ethical and social responsibilities in business management and team settings
  • Employ quantitative analysis in business

Core Professional Competencies

Grantham prepares your to succeed in many different professional and civic settings by incorporating these six critical life skills into your Master of Business Administration curriculum:

  • Communication – Formulating and expressing thoughts and ideas effectively using oral, written and non-verbal communication skills in person, in writing and in a digital world.
  • Distributed Collaboration – Working effectively across distributed locations and asynchronously to achieve a common goal through relationship-building, shared responsibility, empathy and respect.
  • Professional and Social Responsibilities – Engaging in social responsibility through seeking justice, valuing diversity, respecting the environment; demonstrating professionalism through integrity, mutual accountability and ethical behavior. This includes considering the social and global impact of individual and organizational decisions and an awareness of and adherence to regulations, professional standards and industry best practices.
  • Critical thinking/problem solving – Using analytical reasoning when gathering and evaluating relevant information to effectively formulate possible solutions for an issue, problem or a variety of issues. This includes the ability to recognize potential consequences of a decision.
  • Career Management – Identifying knowledge, skills, abilities and personal strengths and experiences necessary to pursue career goals. Recognizing areas for professional growth, how to navigate and explore job options and to self-advocate for opportunities in the workplace.
  • Data Aptitude - Developing information literacy and the capacity to manage data with subsequent finding, structuring, evaluating and interpreting in order to provide meaningful analysis to accomplish a specific purpose.

Grantham University’s Online Master of Business Administration Degree Program is IACBE Accredited.

Business Administration (Master of Business Administration)

The business administration courses in your Grantham MBA program can prepare you for higher management opportunities in private business or in the public sector1.

Potential career paths and positions include:

  • General Manager
  • Operations Manager
  • Sales Manager
  • Administrative Services Manager
  • Supply Chain Manager
  • Security Manager
  • Cost Estimator
  • Management Analyst

Employers can include:

  • Professional, scientific and technical services
  • Multi-national corporations
  • Financial institutions
  • Large-scale retailers
  • Major manufacturers
  • Government – local, state and federal
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Business Administration (Master of Business Administration)

As you consider your business administration degree options, bear in mind that Grantham’s 100% online coursework is designed to help you prepare for executive-level success in your management career.

PROGRAM SNAPSHOT:
Program Core Credits: 36
Total Credit Hours: 36
Accreditation(s): DEAC, IACBE
Textbook Information
Program Core: 36
Course: Title: Credits:
Course: MGT500 Title: Management Credits: 3
  Management provides a solid foundation for facing the challenges of a rapidly changing and highly competitive business environment. This course introduces the fundamental management functions of planning decision-making organizing leading and controlling as well as the tools and techniques of managing people processes projects and the work environment. Students explore current issues in management and gain insights into how successful organizations operate.
Course: MKG530 Title: Marketing Management Credits: 3
  This course reviews marketing management within the broader context of an organization?s strategies and operations. Students explore how marketing adds value by working to support organizational strategy. Topics covered include the 4 Ps (product price place and promotion) different types of markets marketing research market segmentation and differentiation global aspects of marketing and the implementation and control of marketing plans. Students discover the benefits of market research and analysis and develop effective marketing strategies through segmentation targeting and positioning.
Course: MGT517 Title: Organizational Behavior Credits: 3
  This advanced course discusses how businesses run on hardware software and human capital more than ever before. This course focuses on the people in the organization and how they work and behave in the work environment. It examines the behavior of individuals the dynamics of teamwork and the processes of small groups decision-making problem solving conflict management and ways to eliminate barriers to effective communications within the workplace.
Course: ECN501 Title: Managerial Economics Credits: 3
  This advanced course applies microeconomic theory to the management of the firm by focusing on the use of microeconomics to enhance decision-making. The course explores the complex relationships between manager decisions and the impact of those decisions on product demand and profitability. Students delineate the economic environment in which the firm operates and learn to think strategically within this environment.
Course: ACC510 Title: Accounting Credits: 3
  This course provides students with a framework for the analysis use and design of internal accounting systems. This introduction to financial and managerial accounting prepares students to use accounting data for strategic and management purposes with an emphasis on profitability and understanding the strengths and weaknesses of an organization?s accounting system. Students develop an understanding of the nature of costs budgeting cost allocation standard costs and variances.
Course: BUS575 Title: Strategies for Change Credits: 3
  This course introduces students to a broad spectrum of issues relative to change including the dynamics of leadership the failure of change how to make planned change work and the implications of change for the 21st century. Topics include the importance of leadership how successful leadership can result in a more effective organization how to implement new changes to promote a healthy organization change in action e-commerce radical change and the implications of change for the twenty first century.
Course: BUS615 Title: eBusiness Credits: 3
  This course covers the internet and related technologies which pose enormous opportunities for developing new business models and significant threats to existing models. Information professionals must be prepared to recognize opportunities and overcome challenges posed by the electronic economy. This course defines the core elements of developing an eBusiness strategy including branding competitive analysis technology assessment business method models and preparing for emerging trends. Course assignments involve extensive case studies and online research using the latest e-tools. Students collaborate to create a prototype eBusiness venture.
Course: RCH520 Title: Quantitative Analysis Credits: 3
  This Quantitative Analysis course addresses managerial decision analysis using quantitative tools. Topics include a general framework for decision analysis decision tables and trees forecasting inventory control linear programming transportation and assignment networks project time management waiting lines (queuing) and simulation. After the course the student will be able to use a broad array of powerful analytical tools to make business decisions.
Course: FIN526 Title: Finance Credits: 3
  This introduction to corporate financial management and investments provides the framework concepts and tools for analyzing financial decisions by applying the fundamental principles of modern financial theory. Major topics include the time value of money the economic and financial environment an overview of financial statement analysis the essentials of risk analysis and the valuation process and capital budgeting.
Course: MGT570 Title: Strategic Management Credits: 3
  Strategic management is designed to help students effectively guide an organization toward a profitable and dynamic future. This course provides students with a formal method of defining the organization's purpose and aligning the entire business to achieve corporate goals. It also examines emerging technologies in information processing as an important element of strategic planning.
Course: ETH560 Title: Business Ethics Credits: 3
  This course examines ethics and values in multiple contexts. It begins with an exploration of individual values and the integration of mind body and soul. The perspective then broadens to include corporate ethics and the role of moral leadership in business. The course concludes with an examination of ethical dilemmas created by an expanding global economy.
Course: MGT699 Title: Capstone Project Credits: 3
  In this course students from a variety of graduate studies are brought together. Although you will each be working on separate projects depending on your previous coursework you will come together in the discussions to share your ideas from your various perspectives. This capstone project requires that students apply the reasoning decision-making analytical and authorship skills previously learned in the curriculum to the work environment. The project is completed individually; students are encouraged to select work-related projects that are of particular interest and will result in professional growth and benefit the organization.
MBA Accelerated Option 36
Course: Title: Credits:
TERM 1
Course: MGT500 Title: Management Credits: 3
Management provides a solid foundation for facing the challenges of a rapidly changing and highly competitive business environment. This course introduces the fundamental management functions of planning, decision-making, organizing, leading, and controlling, as well as the tools and techniques of managing people, processes, projects, and the work environment. Students explore current issues in management and gain insights into how successful organizations operate.
Course: MKG530 Title: Marketing Management Credits: 3
In this course, students view marketing management within the broader context of an organization's strategies and operations. Students explore how marketing adds value by working to support organizational strategy. Topics covered include the 4 Ps (product, price, place and promotion), different types of markets, marketing research, market segmentation and differentiation, global aspects of marketing, and the implementation and control of marketing plans. Students discover the benefits of market research and analysis and develop effective marketing strategies through segmentation, targeting, and positioning.
TERM 2
Course: MGT517 Title: Organizational Behavior Credits: 3
Today, businesses run on hardware, software, and human capital more than ever before. This course focuses on the people in the organization and how they work and behave in the work environment. It examines the behavior of individuals, the dynamics of teamwork, and the processes of small groups, decision-making, problem solving, conflict management, and ways to eliminate barriers to effective communications within the workplace.
Course: ECN501 Title: Managerial Economics Credits: 3
Students apply microeconomic theory to the management of the firm by focusing on the use of microeconomics to enhance decision-making. The course explores the complex relationships between manager decisions and the impact of those decisions on product demand and profitability. Students delineate the economic environment in which the firm operates and learn to think strategically within this environment.
TERM 3
Course: ACC510 Title: Accounting Credits: 3
This course provides students with a framework for the analysis, use, and design of internal accounting systems. This introduction to financial and managerial accounting prepares students to use accounting data for strategic and management purposes with an emphasis on profitability and understanding the strengths and weaknesses of an organization's accounting system. Students develop an understanding of the nature of costs, budgeting, cost allocation, standard costs, and variances.
Course: BUS575 Title: Strategies for Change Credits: 3
This course introduces students to a broad spectrum of issues relative to change, including the dynamics of leadership, the failure of change, how to make planned change work and the implications of change for the 21st century. Topics include the importance of leadership, how successful leadership can result in a more effective organization, how to implement new changes to promote a healthy organization, change in action, e-commerce, radical change, and the implications of change for the twenty first century.
TERM 4
Course: BUS615 Title: eBusiness Credits: 3
The Internet and related technologies pose enormous opportunities for developing new business models and significant threats to existing models. Information Professionals must be prepared to recognize opportunities and overcome challenges posed by the electronic economy. This course defines the core elements of developing an eBusiness strategy, including branding, competitive analysis, technology assessment, business method models, and preparing for emerging trends. Course assignments involve extensive case studies and online research using the latest e-tools. Students collaborate to create a prototype eBusiness venture.
Course: RCH520 Title: Quantitative Analysis Credits: 3
This Quantitative Analysis course addresses managerial decision analysis using quantitative tools. Topics include a general framework for decision analysis, decision tables and trees, forecasting, inventory control, linear programming, transportation and assignment, networks, project time management, waiting lines (queuing), and simulation. After the course, the student will be able to use a broad array of powerful analytical tools to make business decisions.
TERM 5
Course: FIN526 Title: Finance Credits: 3
This introduction to corporate financial management and investments provides the framework, concepts, and tools for analyzing financial decisions by applying the fundamental principles of modern financial theory. Major topics include the time value of money, the economic and financial environment, an overview of financial statement analysis, the essentials of risk analysis and the valuation process, and capital budgeting.
Course: MGT570 Title: Strategic Management Credits: 3
Strategic management is designed to help students effectively guide an organization toward a profitable and dynamic future. This course provides students with a formal method of defining the organization's purpose and aligning the entire business to achieve corporate goals. It also examines emerging technologies in information processing as an important element of strategic planning.
TERM 6
Course: ETH560 Title: Business Ethics Credits: 3
This course examines ethics and values in multiple contexts. It begins with an exploration of individual values and the integration of mind, body, and soul. The perspective then broadens to include corporate ethics and the role of moral leadership in business. The course concludes with an examination of ethical dilemmas created by an expanding global economy.
Course: MGT699 Title: Capstone Project Credits: 3
In this course, students from a variety of graduate studies are brought together. Although you will each be working on separate projects, depending on your previous coursework, you will come together in the discussions to share your ideas from your various perspectives. This capstone project requires that students apply the reasoning, decision-making, analytical, and authorship skills previously learned in the curriculum to the work environment. The project is completed individually; students are encouraged to select work-related projects that are of particular interest and will result in professional growth and benefit the organization.