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VIU's Master of Business Administration (MBA) program enables students to gain knowledge in the core Business areas of Management, Finance, Marketing, Accounting, and decision-making.The program provides students with high quality, professional education in Business Administration, thereby, qualifying students for more diverse career opportunities.
Degree at Glance
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Degree at a Glance
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| Number of Credits |
36 |
| Cost per Credit |
$409.00 |
| Total Tuition* |
$14,724.00 |
| *Estimated tuition does not include housing, additional fees or supplies, scholarships or transfer credit. The tuition estimate above reflects tuition for Terms I-VI 2013-2014. For current full tuition information, please visit the tuition page. |
Explore Concentrations
Students must specialize in one of the concentrations listed below during the second year of their study. Students must choose three (3) courses (9 credits) from the Concentration Courses, and also take MBA 627 Advanced Business Project (3 credits) – for a total of 12 credits. All concentration courses are CPT eligible.
Accounting
Program Highlights
All organizations (nonprofits, government agencies, SMEs, hospitals, retail, etc.) need accounting professionals to maintain and sustain the growth and success of its business. International and Multinational companies are looking for employees with accounting skills and an understanding of ethical issues and the global financial environment.
The MBA accounting concentration will prepare students to be successful and competitive in pursuing careers in accounting and auditing.
Program Objectives
Among many aspects, students will primarily learn:
- How to apply generally accepted accounting principles to any business including nonprofits, governments, and start-ups.
- How to conduct, develop, analyze and make decisions using financial reports, models and information.
- How to establish and apply financial controls to business transactions and in the general business environment.
- How to apply regulations, ethics, and professional responsibilities to the practice of Accounting and Finance.
- How to apply auditing procedures and standards to business entities.
Concentration Courses
| Code |
Course Title |
Credits |
| MBA 605 |
Auditing |
3 |
| MBA 608 |
Financial Reporting and Decision Making |
3 |
| MBA 610 |
Taxation of Business Entities |
3 |
| MBA 611 |
Business Ethics and Law |
3 |
| MBA 654 |
Accounting Information Systems |
3 |
For Course Description click here.
Job Opportunities
The demand for accountants and auditors is not particular to just one industry, everybody wants you! Employment of accountants and auditors is expected to grow 22% or more through 2018, which can translate to high earning potential and job security with great benefits. According to labor statistics, new accountants take home more in their paychecks than other business professionals.
There are many career paths that a person with an accounting degree can choose from. Here are some job titles that former graduates with an accounting degree hold. Use this as an ideas list, remember that it represents some, but certainly not all of the careers you might consider.
| Actuary |
Certified Public Accountant |
Payroll Manager |
| Auditor |
Entrepreneur |
Plant Accountant |
| Assistant Controller |
Estate Planner |
Professor |
| Bank Examiner |
FBI Agent |
Public Accountant |
| Benefits Administrator |
Financial Analyst |
Securities Broker |
| Budgetary Control Analyst |
Government Accountant |
Stockbroker |
| CIA Agent |
General Auditor |
Systems Analyst |
| Commodities Trader |
Industrial Accountant |
Tax Lawyer |
| Consumer Credit Officer |
Inventory Control Specialist |
Tax Specialist |
| Computer Programmer |
Industrial Buyer |
Treasurer |
| Controller |
Internal Auditor |
Treasury Mgmt. Specialist |
| Claims Adjuster |
Internal Trade Specialist |
Trust Accountant |
| Collection Agent |
Loan Officer |
Underwriter |
| Commercial Banker |
Loan Administrator |
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| Chief Cost Accountant |
Methods/Procedures Specialist |
|
| Credit and Collection Specialist |
Management Consultant |
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Global Logistics
Program Highlights
As global markets become more competitive, sourcing goods and parts from other countries to reduce costs and supply products at low costs comes with more risks. Today, a successful international company is only as strong as its global supply chain, and understanding the risks involved, and how to minimize them to ensure long-term competitiveness is what students will learn to accomplish in this major.
Program Objectives
Among many aspects, students will primarily learn:
- How to identify the risks of global sourcing; regional politics, customs, local and regional economics, currency issues, and legal proprietary rights
- How to deal with government agencies and law enforcement including new legislation
- How to manage political risk by selecting an appropriate underwriter or broker, exercising loss control management, and understanding claims procedures
- The keys to developing relationships with foreign partners; basic skill sets and guidelines
- How to create a 10-step management approach for best practices, and
- How to develop a chain risk supply management strategy
Concentration Courses
| Code |
Course Title |
Credits |
| MBA 611 |
Business Ethics and Law |
3 |
| MBA 616 |
International Marketing |
3 |
| MBA 617 |
Import/Export Management |
3 |
| MBA 628 |
Global Sourcing and Logistics |
3 |
| MBA 634 |
Operations Management |
3 |
For Course Description click here.
Job Opportunities
A logistician is responsible for analyzing and coordinating the logistical functions of a firm or organization, according to the U.S. Bureau of Labor Statistics.
A logistics/supply chain professional is responsible for the entire life cycle of a product, including acquisition, distribution, inventory, warehousing, and distribution to the customer. Some of the job opportunities include the following:
| Supply Chain Manager |
Distribution/Logistics |
| Supply Chain Analyst |
Logistics Manager |
| Buyer / Purchasing Agent |
Warehouse Manager |
| Warehouse Supervisor |
Distribution Manager |
| Distribution Supervisor |
Traffic Manager |
| Inventory Manager-Planner |
Client Services Supervisor |
| Warehouse Stock Clerk |
Transportation Manager |
| Transportation Analyst |
Transportation Coordinator |
| Shipping-Receiving Clerk |
Shipping-Receiving Supervisor |
| Materials Manager |
Logistics Planner |
| Logistics Analyst |
Customer Service Manager |
| International Logistics Manager |
Logistics Engineer |
| Logistics Services Salesperson |
Purchasing Manager |
Health Care Management
Program Highlights
The rapidly changing health care industry is the nation's second largest employer. The manager's role in health care and health care product organizations continues to grow in importance. In response to the demand for skilled managers and policy makers, the Health Care Management major builds upon the established MBA core and provides, in addition, a series of courses that familiarize the student with unique aspects and issues of the health care industry. The goal is to attract and hire an interdisciplinary adjunct faculty based in business, the allied health industry and area health and science organizations. This will help the MBA student majoring in health care to be well qualified to respond to the many critical problems now faced by hospitals, government agencies, group practices, pharmaceutical and biotechnology firms, insurance and managed care organizations, and consulting firms.
Program Objectives
- Improve competencies in planning, managing, communicating, relating to others, and delivering presentations in the health care business environment.
- Effectively lead and contribute to organizational strategic objectives and ensure goal accomplishment in a team setting.
- Develop critical thinking with a strategic perspective, utilizing an ethical framework, and resulting in sound decision making skills that supports and promotes health care trends and market requirements.
- Develop or improve understanding of current health care business trends locally and globally.
- Develop an understanding of strategic human resource practices and leadership approaches.
- Utilize financial statement analysis and other quantitative information to solve problems in health care organizations.
- Demonstrate understanding of leadership and strategic issues in health care organizations.
Concentration Courses
| Code |
Course Title |
Credits |
| MBA 640 |
The Health Services System |
3 |
| MBA 641 |
Economics of Health Care & Policy |
3 |
| MBA 642 |
Financial Management of Health Institutions |
3 |
| MBA 643 |
Legal Aspects of Health Care |
3 |
For Course Description click here.
Job Opportunities
Once you earn an MBA of Healthcare Management degree you can work as a:
- Healthcare Manager
- Healthcare Planner
- Administrator
- CEO
- Hospital Manager and Administrator
Hotel and Tourism Management
Program Highlights
The hospitality and tourism industry employs over 220 million people and The World Tourism Organization and The World Travel & Tourism Council expects to see sustained growth in tourism and an estimated 1.6 billion tourist arrivals by 2020.
VIU's MBA in Hospitality and Tourism Management program will prepare students to be leaders in this competitive industry. Research and industry advisers have noted that the industry will need managers who can partner with the government, understand various cultures, address environmental challenges, work with people, and collaborate with private sector businesses. The areas are covered in our core course curriculum.
Program Objectives
The program provides a quality education through four core learning outcomes:
- Understanding how to manage general operations of areas core to the industry;
- Understanding of how to direct and coordinate activities in the restaurant, hotel, meeting, and travel industries;
- Understanding of how to manage key areas of the hospitality and tourism industries (HR, housekeeping, purchasing, guest relations, PR, security, maintenance, sales, meetings and food service);
- Understanding of how to transfer conceptual knowledge to practical experience through internships or elective options
This program is relevant to the competitive global marketplace. VIU will help students be competitive through academic studies, seminars, tours, experienced faculty and connecting them to various internship and job opportunities.
Concentration Courses
| Code |
Course Title |
Credits |
| MBA 552 |
Hospitality and Tourism Management |
3 |
| MBA 553 |
Event Planning and Management |
3 |
| MBA 554 |
Marketing for Hospitality and Tourism |
3 |
| MBA 555 |
Legal Aspects of Hospitality and Tourism |
3 |
| MBA 556 |
Accounting, Budgeting and Cost Controls: Hospitality and Tourism |
3 |
| MBA 557 |
Management of Information Technology in Hospitality and Tourism |
3 |
| MBA 558 |
Human Resources Management in the Hospitality and Tourism Industries |
3 |
For Course Description click here.
Job Opportunities
Hospitality and tourism represents a broad range of career opportunities in industries that include:
- Hotels and resorts
- Restaurants and commercial food service
- Meeting and event planning
- Tourism destinations and attractions
- Leisure, recreation and sports management
- Airlines, cruises and other transportation
- Environmentally sustainable and cultural tourism development
- Spa and wellness management
Human Resources Management
Program Highlights
The increase in globalization creates a need for HR professionals who can bridge cultural divide to address HR management issues across industries. According to the report by the Society for Human Resources Management (SHRM ), HR professionals need key core competencies to be successful . Those competencies include: strategic thinking, talent management, business acumen, technology/technical skills, international/global perspective, finance capability, and innovation and creativity. VIU has developed a MBA concentration in Human Resources Management to build skills in these competencies and align to the bodies of knowledge recommended for SHRM's Professional in HR (PHR) and Senior Professional in HR (SPHR) certifications.
Program Objectives
Among many aspects, students will learn:
- How to develop and implement recruitment, hiring, orientation, training and succession programs to meet organizational goals and objectives.
- How to develop compensation and benefit strategies to retain a productive workforce.
- How to assess recruitment and resource needs to ensure the organization is adequately staffed and operating efficiently.
- How to apply and use employment laws to protect employee rights and address workplace behavior issues.
- How to participate and develop strategies in the collective bargaining process.
- How to ensure a positive work culture through employee relations programs and conflict resolution activities.
Concentration Courses
| Code |
Course Title |
Credits |
| MBA 523 |
HR Law |
3 |
| MBA 536 |
Labor Relations |
3 |
| MBA 538 |
Compensation and Benefits |
3 |
| MBA 551 |
Conflict Resolution |
3 |
| MBA 611 |
Business Ethics and Law |
3 |
For Course Description click here.
Job Opportunities
According to the Bureau of Labor Statistics, employment opportunities for all human resources positions are expected to grow much faster than average in the coming years. HR Management graduates go on to become:
- A critical part of a training & development team
- Employment, recruitment or placement specialists
- Personnel managers
- Labor relations managers
- Arbitrators and mediators
International Business
Program Highlights
Globalization has led to a tremendous transformation in the international business environment. Since the last decade we have seen the transformation of various emerging markets into international business hubs. The economic dynamism of various Asian, Central European, South American and Sub-Sharan African markets has paved the way for the emergence of a closely woven network of international business phenomena, eliminating, to a large extent, the isolated business activities limited to industrialized nations. Globalization has, in a nutshell, led to a new type of competition and world business scenarios that requires adaptation, knowledge of market trends and requirements. In this context, companies expect to have Managers with international managerial capacities, cross-cultural skills and diverse strategic outlooks.
Program Objectives
The program provides students an education that is aimed at:
- Improving understanding of economic and business issues;
- Providing management tools that link skills to business environment;
- Providing working solutions in addition to theoretical models;
- Developing leadership and management skills;
- Sharpening of key abilities to work cross-culturally.
Concentration Courses
| Code |
Course Title |
Credits |
| MBA 611 |
Business Ethics and Law |
3 |
| MBA 612 |
International Management |
3 |
| MBA 613 |
Enterprise Resource Planning |
3 |
| MBA 614 |
International Finance |
3 |
| MBA 615 |
International Strategy |
3 |
| MBA 616 |
International Marketing |
3 |
| MBA 617 |
Import / Export Management |
3 |
| MBA 634 |
Operations Management |
3 |
For Course Description click here.
Job Opportunities
A career in international business can be established in many different industries such as:
- Imports
- Exports
- Operations
- Marketing
- Supply Chain Management
- Direct Investment
- Licensing
- Foreign Currency Investment Advisor
This list is just a small part of the whole field of international business.
International Finance
Program Highlights
The ability to analyze and interpret financial statements is essential for today's managers. The MBA Concentration in Finance prepares current and future managers to use financial statement data to make effective business decisions. For practitioners in the financial services industries, the Finance Concentration helps refine the skills necessary for career advancement.
Program Objectives
The MBA in International Finance is the ideal program for individuals who wish to pursue a career in global finance. The International MBA in Finance provides insight into how financial markets function. The Finance specialization provides the education necessary for students who seek positions in either industry or in financial institutions.
Concentration Courses
| Code |
Course Title |
Credits |
| MBA 611 |
Business Ethics and Law |
3 |
| MBA 614 |
International Finance |
3 |
| MBA 618 |
International Economics & Trade |
3 |
| MBA 620 |
Long-Term Financial Decisions |
3 |
| MBA 621 |
Trading & Risk Management |
3 |
For Course Description click here.
Job Opportunities
This specialization will prepare students for career opportunities such as:
- Investment Manager, Emerging Markets Investment Fund
- Financial Analyst, International Bank
- Environment, Social and Governance (ESG) Risk Officer, International Manufacturing Firm
- Fund Manager, Socially Responsible Investment Fund
Marketing Management
Program Highlights
The objective of the marketing core is to provide an opportunity for the student to study the dynamics of human behavior that affect marketing decisions. Included in this analysis is an examination of effective marketing practices and procedures and the analytical techniques required prior to basic marketing decisions.
Program Objectives
- Reducing uncertainty around managerial decisions and make better, more informed decisions
- Learning methods used in “hearing” the voice of the customer/consumer
- Learning tools to make decisions about demand forecasting, pricing, new product design and positioning, measuring and managing customer satisfaction, segmentation, etc.
Concentration Courses
| Code |
Course Title |
Credits |
| MBA 611 |
Business Ethics and Law |
3 |
| MBA 616 |
International Marketing |
3 |
| MBA 622 |
Marketing Research |
3 |
| MBA 623 |
Sales Management |
3 |
| MBA 624 |
Advertising & Promotion |
3 |
| MBA 625 |
Effective Negotiation |
3 |
| MBA 626 |
Consumer Behavior |
3 |
For Course Description click here.
Job Opportunities
Some of the top MBA marketing jobs and careers include the following:
- Public Relations Specialists - The professional in this position is responsible for managing communications between business and customers.
- Market Research Analysts - In order to influence marketing strategies, the individuals in this position conduct public opinion surveys to maintain a customer base.
- Advertising Manager - The people in this position oversee various promotional campaigns in order to attract a new customer base. Additional duties include monitoring the marketing methods from other companies in order to stay ahead of the competition.
- Marketing Manager - Responsibilities for a Marketing Manager position include finding new markets, watching new trends, and recognizing new products and services. In the end, managers in this position help companies gain a better understanding of how customer demand can affect the company's profits. According to the Bureau of Labor Statistics, the average salary for marketing managers is $113,400 as of May 2008
Program Objectives
The program aims to:
- Provide a background in the concepts of production, marketing, and business finance;
- Provide a foundation in the methods for decision-making and information technology;
- Develop management practitioners who embrace change creatively for the benefit of business; and
- Provide individuals the capacity and the discipline necessary for continuous learning.
Program Structure
Structure of the MBA Program
Program Requirements
The program consists of seven (7) Core Courses, three (3) Concentration Coures and two (2) Elective courses. The elective courses provide the opportunity for the students to develop further competencies covered in the core courses, based on their area of interest.
| Area |
# of Courses |
Credit Hours |
| Core Courses |
7 |
21 |
| Concentration Courses |
3 |
9 |
| Integration Course |
1 |
3 |
| Elective Course |
1 |
3 |
MBA Program Prerequisites:
Applicants seeking admission into the MBA program who have no previous business background and whose Bachelor’s degrees are not related to business are required to take VIU's MBA Program Prerequisite Courses listed below:
| Code |
Course Title |
Credits |
| ECON 101 |
Principles of Microeconomics |
3 |
| STAT 200 |
Introduction to Statistics |
3 |
| ACCT 201 |
Principles of Financial Accounting |
3 |
| BUSS 303* |
Principles of Finance |
3 |
*Students have to satisfy the ACCT 201 prerequisite before taking this course.
These program prerequisites are co-requisites and may be taken at the same time. Some or all of these prerequisites may be waived at the Dean’s discretion. Students also have an option of testing out of these courses or provide other evidence of content knowledge through certifications, successful completion similar courses, or training certificates.
Pre-MBA Program
Students who have earned their Bachelor’s degree with less than 120 undergraduate credits can be given conditional admission to the MBA program, provided they enroll in and successfully complete the Pre-MBA courses. Successful completion of the Pre-MBA courses will allow these students to complete the undergraduate credit requirement of 120 undergraduate credits and enter into the MBA program.
Students have to complete the below listed Pre-MBA Core Courses and choose the remaining ones from the pool of BBA courses offered in a given semester. Students should consult their academic advisor before choosing classes.
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