The Master of Business Administration (MBA) equips graduate students with cutting-edge knowledge, skills, and perspectives to enable them to thrive in today’s competitive global economy. As the business landscape evolves rapidly, the demand for highly skilled and adaptable business professionals is at an all-time high. The MBA program focuses on cultivating strong leadership, analytical, and strategic thinking skills. It comprehensively includes core business disciplines, including economics, finance, marketing, operations, human resources, and entrepreneurship. It emphasizes emerging trends such as sustainable business practices, digital transformation, and global business ethics.
Required curriculum for Master of Business Administration (MBA)
The Financial Management course teaches the principles and techniques of financial planning, budgeting, and controlling. It covers capital budgeting, risk management, financial markets, and investment analysis. Students learn to make financial leadership decisions that maximize shareholder wealth while considering the risks.
The Business Analysis course equips students with the skills to analyze business processes, identify opportunities for improvement, and develop effective leadership strategies. It involves using tools and techniques to gather, document, and evaluate business requirements. Students learn to bridge the gap between business needs and solutions by analyzing data and implementing business process improvements.
The Strategic Management course focuses on formulating and implementing long-term goals and initiatives taken by top management (leadership). It involves strategic planning, analysis of internal and external environments, and decision-making processes. Students learn to develop sustainable competitive advantages and create value for stakeholders in complex and dynamic business landscapes
The Marketing Management course delves into businesses' strategies and techniques to promote their products and services at a leadership level. It includes market research, consumer behavior, product development, pricing strategies, and promotional activities. Students learn to create and implement and lead effective marketing plans to meet customer needs and achieve organizational objectives.
The Business Law and Ethics course explores the legal and ethical frameworks within which businesses operate. It covers contract law, intellectual property rights, employment law, and ethical considerations in business practices. Students learn to navigate legal complexities and make morally sound leadership decisions in various business situations.
The Strategic Human Resource Management course focuses on strategic leadership of human resources to achieve organizational goals. It covers talent acquisition, employee development, performance management, and workforce planning. Students learn to align HR practices with overall business strategies, ensuring the organization's human capital contributes effectively to its success.
The Innovation and Change Management course explores leadership methods for fostering innovation and managing organizational change effectively. It includes creative problem-solving, technology adoption, organizational culture, and change implementation strategies. Students learn to drive innovation within the organization and manage transitions in response to evolving market demands.
The Research Methodologies course provides students with the skills to conduct rigorous and meaningful research in the business context. It includes both quantitative and qualitative research methods, data analysis techniques, and research design. Students learn to critically evaluate existing research and design studies to address specific business leadership challenges.
The Operations and Supply Chain Management course focuses on designing, implementing, and optimizing business processes and supply chain networks. It includes inventory management, logistics, quality control, and supply chain optimization techniques. Students learn to lead enhanced operational efficiency and deliver customer value through streamlined leadership processes.
The Strategic Sales Management course emphasizes the strategic leadership aspects of sales and revenue generation. It includes sales forecasting, customer relationship management, sales team management, and negotiation strategies. Students learn to align sales efforts with overall business objectives, maximizing revenue while maintaining strong customer relationships.
The Business Strategy Capstone project serves as a culmination of the students’ business leadership education. It integrates knowledge and skills from various disciplines to solve real-world business leadership problems. Students work on applied science projects, applying strategic thinking, analytical skills, and creativity to develop comprehensive business strategies. This capstone experience prepares students for the challenges of leadership in the business world and tests their ability to integrate theoretical knowledge into practical solutions.
Managerial Economics is a course that explores applying economic theories and methodologies to solve business problems and make informed leadership decisions. It focuses on analyzing economic data, understanding market structures, forecasting demand and supply, and evaluating various business strategies in different economic environments.
The Financial Management course teaches the principles and techniques of financial planning, budgeting, and controlling. It covers capital budgeting, risk management, financial markets, and investment analysis. Students learn to make financial leadership decisions that maximize shareholder wealth while considering the risks.
The Business Analysis course equips students with the skills to analyze business processes, identify opportunities for improvement, and develop effective leadership strategies. It involves using tools and techniques to gather, document, and evaluate business requirements. Students learn to bridge the gap between business needs and solutions by analyzing data and implementing business process improvements.
The Strategic Management course focuses on formulating and implementing long-term goals and initiatives taken by top management (leadership). It involves strategic planning, analysis of internal and external environments, and decision-making processes. Students learn to develop sustainable competitive advantages and create value for stakeholders in complex and dynamic business landscapes
The Marketing Management course delves into businesses' strategies and techniques to promote their products and services at a leadership level. It includes market research, consumer behavior, product development, pricing strategies, and promotional activities. Students learn to create and implement and lead effective marketing plans to meet customer needs and achieve organizational objectives.
The Business Law and Ethics course explores the legal and ethical frameworks within which businesses operate. It covers contract law, intellectual property rights, employment law, and ethical considerations in business practices. Students learn to navigate legal complexities and make morally sound leadership decisions in various business situations.
The Strategic Human Resource Management course focuses on strategic leadership of human resources to achieve organizational goals. It covers talent acquisition, employee development, performance management, and workforce planning. Students learn to align HR practices with overall business strategies, ensuring the organization's human capital contributes effectively to its success.
The Innovation and Change Management course explores leadership methods for fostering innovation and managing organizational change effectively. It includes creative problem-solving, technology adoption, organizational culture, and change implementation strategies. Students learn to drive innovation within the organization and manage transitions in response to evolving market demands.
The Research Methodologies course provides students with the skills to conduct rigorous and meaningful research in the business context. It includes both quantitative and qualitative research methods, data analysis techniques, and research design. Students learn to critically evaluate existing research and design studies to address specific business leadership challenges.
The Operations and Supply Chain Management course focuses on designing, implementing, and optimizing business processes and supply chain networks. It includes inventory management, logistics, quality control, and supply chain optimization techniques. Students learn to lead enhanced operational efficiency and deliver customer value through streamlined leadership processes.
The Strategic Sales Management course emphasizes the strategic leadership aspects of sales and revenue generation. It includes sales forecasting, customer relationship management, sales team management, and negotiation strategies. Students learn to align sales efforts with overall business objectives, maximizing revenue while maintaining strong customer relationships.
The Business Strategy Capstone project serves as a culmination of the students’ business leadership education. It integrates knowledge and skills from various disciplines to solve real-world business leadership problems. Students work on applied science projects, applying strategic thinking, analytical skills, and creativity to develop comprehensive business strategies. This capstone experience prepares students for the challenges of leadership in the business world and tests their ability to integrate theoretical knowledge into practical solutions.
Managerial Economics is a course that explores applying economic theories and methodologies to solve business problems and make informed leadership decisions. It focuses on analyzing economic data, understanding market structures, forecasting demand and supply, and evaluating various business strategies in different economic environments.
Current Graceland University students who are taking classes on the Lamoni campus can be conditionally admitted to the MBA program before graduation if they have completed at least 90 credit hours – typically during the junior year. Once accepted, students will take up to 12 semester hours of graduate coursework during their senior year, allowing them to complete their MBA in only one year after graduating with their undergraduate degree.
In-Person (onsite) learning in a traditional classroom setting where you and professors are physically present in the same location. This mode of learning involves direct, real-time interaction, including lectures, discussions, hands-on activities, and group work. It fosters a dynamic environment for immediate feedback and engagement, allowing for more spontaneous and personalized interactions between you and professors.
Online (remote) is fully online where all instruction, materials, and interactions occur online. Students access course content, participate in discussions, submit assignments, and take assessments through a digital platform. Communication with instructors and classmates happens via video conferencing, discussion forums, email, or chat. Online classes offer flexibility in location, allowing you to learn from anywhere with internet access.
Hybrid Learning (blended) – combines elements of both online and in-person education. In this model at Graceland University, you can attend some MBA classes or sessions in a physical classroom while completing other portions of the course online. It allows you to have a more personalized learning experience. You can engage with content at your own pace online while also benefiting from the structure and support of in-person classes.
Graceland alumni are eligible for a 15% tuition discount.
| Fee | Cost |
|---|---|
| Tuition | $550 per semester hour |
| Program Support Fee (online courses) | $18 per course |
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