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Master of Business Administration

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

Degree at a Glance
Number of Credits 36
Cost per Credit $409.00
Total Tuition* $14,724.00
*The estimated tuition does not include additional fees, supplies, scholarships, or transfer credits. The estimate reflects tuition for the 2014-2015 academic year. For full and current tuition information, please visit the Tuition and Fees 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.

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  
Chief Cost Accountant Methods/Procedures Specialist  
Credit and Collection Specialist Management Consultant  

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

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

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

 

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

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.

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

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 Highlights

The goal of the MBA in Entrepreneurship is to educate students in the skill sets and qualities needed to become a successful entrepreneur and to explain the opportunities of small businesses’ development and growth. Within this concentration, students will learn behavioral attributes as well as entrepreneurship theories alongside practical applications in preparation to operate successfully in the entrepreneurship environment.

Program Objectives

  • This program will develop skills needed to realize and analyze risks, challenges, and rewards while creating a new business venture. As a special part of teaching, the students will study simulated real-time models and play role games to better comprehend effective practices and decision-making processes.
  • When graduating with an MBA in Entrepreneurship, individuals will have a thorough understanding of how to create and implement a business and marketing plan, which includes knowledge of accounting, finance, marketing, strategy, management, and global business. The entrepreneurship concentration will provide all necessary education to become a successful entrepreneur and start a small business.

Concentration Courses

In addition to the core courses, students specializing in entrepreneurship choose three (3) of the following concentration courses:

Code Course Title Credits
MBA 630 Entrepreneurship 3
MBA 632 Business Innovation 3
MBA 633 Business Planning & Development 3
MBA 634 Operations Management 3
MBA 635 Entrepreneurial Finance & Venture Capital 3

For Course Description click here.

Job Opportunities

A handful of the exciting career opportunities available to graduates of the MBA in Entrepreneurship program include:

  • Mid-level management
  • Small business owner
  • Business consultant
  • Sales
  • Research and development

Program Highlights

The core competencies and subject are of the MBA in Project Management program include contracts and procurements, project and cost management, risk project management, quality project management and assurance, multiple project management systems, productivity measurement and improvement such as communication project management, human resources management, and other topics related to project management.

Program Objectives

  • The objective of the MBA in Project Management is to provide individuals with the skill set needed to excel in challenging work environments and to meet the industry demand for project managers who can improve business performance both locally and globally.

Concentration Courses

In addition to the core courses, students specializing in project management choose three (3) of the following concentration courses:

Code Course Title Credits
PMP 605 Project Management Systems 3
PMP 610 Quality Project Management Practices 3
PMP 615 Risk Project Management 3
PMP 620 Contract & Procurement Management 3
PMP 623 Leading Projects Across Cultural, Corporate, & Global Boundaries 3

For Course Description click here.

Job Opportunities

Career opportunities for graduates of the MBA in Project Management include:

  • Consulting management
  • Construction and housing industries
  • Government (all branches), as well as other interface organizations
  • Information systems and management
  • Healthcare and financial industries
  • Non-governmental organizations (NGOs)
  • Commercial organizations
  • Public relations

Program Highlights

The MBA in Mass Media & Public Relations program will prepare journalists, editors, and other professional communicators to serve in culturally diverse and technologically enhanced media environments by empowering them with the skills and attributes associated with scholars, problem solvers, critical thinkers, and strategists.

Program Objectives

  • The program objectives for VIU’s MBA in Mass Media & Public Relations program are to enable effective management of mass media news and communications operations or departments within a business enterprise.

Concentration Courses

In addition to the core courses, students specializing in mass media and public relations choose three (3) of the following concentration courses:

Code Course Title Credits
COMM 600 Writing & Editing the News (Introduction to News Editorial Journalism) 3
COMM 610 News Editing 3
COMM 605 Media Ethics 3
COMM 620 Politics, Journalism, & Business 3
COMM 625 Media Relations 3
COMM 630 International Journalism 3
COMM 635 Mass Media & Society 3
COMM 641 Media Economics 3
COMM 643 US Press History 3
COMM 645 The Development & Use of New Media Technology 3
COMM 647 The Movies: Film & Video Criticism 3
COMM 649 Small Group & Team Communications 3

For Course Description click here.

Job Opportunities

Graduates of the MBA in Mass Media & Public Relations program may pursue a number of careers, including:

  • Public relations and fundraising manager
  • Public relations specialist
  • Reporter
  • Correspondent
  • Broadcast news analyst
  • Writer/editor
  • Journalist

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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