Graduate School Bulletin - Spring 2005

BUSINESS ADMINISTRATION

Business Administration Graduate Programs

The College of Business and Economics offers the Master of Business Administration and the Doctor of Philosophy degrees. Faculty participating in the M.B.A. and Ph.D. programs are members of the School of Accountancy, the School of Management (Decision Science and Information Systems, Finance, Management, Marketing) and the Department of Economics. A description of the graduate programs and graduate faculty in Accounting and in Economics can be found in those sections of this Bulletin.

Master of Business Administration

The M.B.A. program is designed to provide students with the necessary educational foundation so that they are prepared to assume managerial responsibility in a variety of organizational settings. The integrated sequenced program of study consists of two distinct tracks, based on one's background. One track is for students who hold an undergraduate degree in business and are seeking a course of study that will provide them an opportunity to develop more specialized skills in a functional area of business. The other track is for students who do not have an undergraduate degree in business but often have technical training, (e.g., engineering, computer science, etc.) and are seeking a course of study that will provide them an opportunity to seek broad-based management training. Both programs of study are 36 hours after completion of all prerequisites (see description) and have a common core of six courses. Core courses are designed to provide an understanding of business enterprise; an understanding of quantitative methods and the applications of analysis to business decision making; a knowledge of leadership skills; the ability to solve complicated and realistic business problems; and an understanding of managing a business enterprise in a global environment.

For business undergraduates, the remaining six courses are electives which will permit students to develop skills in a particular functional area.

For nonbusiness undergraduates, the remaining six courses will provide students an understanding of functional problems encountered in business enterprise as related to organizational behavior, production, marketing, finance and two elective courses.

Admission Requirements

1. Required course prerequisites for the M.B.A. Program are two Principles of Accounting courses (one in financial accounting and one in managerial accounting), two Principles of Economics courses (one in micro economics and one in macro economics), a Statistics and Probability course, and an Elementary Calculus course. All courses should be equivalent to at least 3 semester hours. The prerequisites may be satisfied by:

a) passing the required prerequisite courses (ACC 201 and ACC 202, ECO 201 and ECO 202, STA 291, and MA 123) at the University of Kentucky,

b) passing similar courses at another accredited university,

c) passing college-level proficiency (CLEP) examinations, or

d) successfully completing correspondence courses.

2. In addition to satisfying required course prerequisites, applicants should possess a four-year undergraduate degree (or its equivalent) with a minimum cumulative grade point average (GPA) of 2.75/4.0.

3. The Graduate Management Admission Test (GMAT) is a requirement, and international students (with the exception of those who hold a degree from a U.S. institution of higher education) must present a Test of English as a Foreign Language (TOEFL) with an overall minimum score of 550 written or 213 computer.

4. All international students who are not permanent residents of the U.S. must present a Test of Written English (TWE) with a score of 4.5 or higher.

5. No student will be admitted to the M.B.A. Program before completion of all prerequisites and the GMAT.

Degree Requirements

1. The M.B.A. program of study requires 36 semester credit hours of M.B.A. course work.

Business Undergraduate

ACC 628 Financial/Managerial Accounting 3

ECO 610 Managerial Economics 3

DIS 651 Quantitative Analysis for Decisions 3

BA 610 Global Business Management 3

DIS 620 Management Information Systems in
Decision Making 3

MGT 699 Business Policy and Strategy II 3

Electives 18

Total 36

Non-business Undergraduate

ACC 628 Financial/Managerial Accounting 3

ECO 610 Managerial Economics 3

DIS 651 Quantitative Analysis for Decisions 3

MGT 611 Organizational Behaviour 3

DIS 620 Management Information Systems in
Decision Making 3

FIN 600 Corporate Financial Policy 3

MKT 600 Marketing Management 3

MGT 699 Business Policy and Strategy II 3

DIS 600 Production Management 3

BA 610 Global Business Management 3

Electives 6

Total 36

2. Minimum average of grade B in all courses attempted for graduate credit after being admitted to the Graduate School. Students receiving two grades of C below a B average or one grade of E will be subject to dismissal from the M.B.A. program.

3. Successful completion of a comprehensive final examination.

B.S. in Engineering/M.B.A.

An opportunity to study for an M.B.A. degree while pursuing a Bachelor of Science in Engineering degree is offered to eligible students admitted to the College of Engineering. Students must meet all prerequisites for the M.B.A. degree before being considered for the program.

J.D./M.B.A. Option

The College of Business and Economics and the College of Law offer the opportunity to obtain the Master of Business Administration (M.B.A.) and Juris Doctor (J.D.) degrees in a dual degree program. Because both schools recognize that some aspects of business and law are compatible and interrelated, students can usually obtain both degrees in less time than if the degrees were pursued separately. As a result, students gain marketable skills and specialized employment opportunities in less time than might otherwise be required. Students interested in the J.D./M.B.A. program must apply to both the College of Law and the Graduate School.

M.D./M.B.A. and Pharm.D./M.B.A.

Through agreements with the College of Medicine and the College of Pharmacy, the Gatton College admits eligible students to pursue the M.B.A. degree jointly with the M.D. or Pharm.D. degrees. Students interested in these programs must apply to the College of Medicine or the College of Pharmacy as appropriate and also to the Graduate School and the Gatton College M.B.A. program.

Application for Admission

Students who wish to apply for admission to the M.B.A. program in the Gatton College of Business and Economics should a) write to The Graduate School, University of Kentucky, Lexington, KY 40506-0027, and request application forms for admission and financial aid together with the Graduate Bulletin, and b) write The Graduate Center, Gatton College of Business and Economics, University of Kentucky, Lexington, KY 40506-0034 and request program applications and information.

Doctor of Philosophy

The mission of the doctoral program is to prepare students for successful academic careers. To accomplish this mission, the program prepares graduates to comprehend and evaluate research, to perform research which advances knowledge and to provide effective instruction, all within a business-related discipline. Specifically, the program is designed to provide:

a) An understanding of the philosophies and basic methodological issues of academic inquiry.

b) An understanding of the theoretical foundations and state-of-the-art research methods in a specific discipline.

c) The ability to design and execute substantive research projects.

Admission Requirements

1. Background Training in Business and Business Related Areas. The Ph.D. is designed to provide specialization beyond the master's level. The educational background of each candidate will be reviewed by the faculty in the student's major area to identify any deficiencies. In most cases, an M.B.A. (M.S. in Accounting) from an AACSB accredited institution provides the necessary background.

2. Applicants with previous graduate credits are evaluated generally according to the following rules, but each case is individually examined by the faculty of the appropriate business department. A minimal grade point average of 3.2/4.0 is required on all previous graduate credits. Also, students without GMAT scores must take the exam before admission, reporting no less than a minimal score of 500.

Degree Requirements

1.Core Requirements (18-19 credit hours):*

a) BA 762 Research Methodology (3)

b) Theoretical Foundations—Six hours selected by the student from among:

MGT 700 Administrative Science(3)

ECO 601 Microeconomic Theory (3)

ECO 602 Macroeconomic Theory (3)

MGT 751 Management Science II (3)

PSY 624 Social Psychology (3)

c) Research Tools—Nine hours selected by the student from among:

Six hours statistics sequence (6)

Research tools elective (3)

d) BA 700 Teaching Methods in Business (1)*

*Students who serve as Teaching Assistants are required to enroll in BA 700, Teaching Methods in Business, for one additional credit hour.

2. Major Field Requirements:

The major field will consist of at least 21 hours of graduate credit course work including at least 12 credit hours of 700 level courses exclusive of the core. Currently available major fields include:

Accounting

Decision Science and Management Information Systems

Finance

Marketing

Organizational Behavior and Human Resource Management

Strategic Management

All course work must be approved by the Director of Graduate Studies.

3. Written and oral comprehensive examinations are required in the major field.

4. The dissertation will be based on original research on a significant topic. The dissertation will be defended in an oral examination.

5. Minimum average of grade of B for graduate credit and in all courses attempted after being admitted to The Graduate School. Students obtaining two grades of C below a B average will be subject to dismissal from the program.

For application forms and information, visit the Gatton College Web site <gatton.uky.edu/prospectivestudent.html>, call (859) 257-3592, or write to

The Office of the Associate Dean
of Administration and Academic Affairs
Gatton College of Business and Economics
University of Kentucky
Lexington, KY 40506-0034

GRADUATE COURSES

ACC 700 TOPICAL SEMINAR IN ACCOUNTING RESEARCH (SUBTITLE REQUIRED) (1-3)

ACC 795 INDEPENDENT STUDY IN ACCOUNTING (1-6)

BA 601 TOTAL QUALITY MANAGEMENT (3)

BA 610 GLOBAL BUSINESS MANAGEMENT (3)

BA 700 TEACHING METHODS IN BUSINESS (SAME AS ECO 700) (1)

BA 749 DISSERTATION RESEARCH (0)

BA 762 RESEARCH METHODOLOGY (3)

BA 768 RESIDENCE CREDIT FOR THE MASTER'S DEGREE (1-6)

BA 769 RESIDENCE CREDIT FOR DOCTOR'S DEGREE (0-12)

DIS 506 PRODUCTIVITY AND QUALITY CONTROL (3)

DIS 520 ADVANCED BUSINESS DATA PROCESSING AND INFORMATION (3)

DIS 600 PRODUCTION MANAGEMENT (3)

DIS 611 THE MANAGEMENT OF COMPUTER INTEGRATED MANUFACTURING (3)

DIS 620 MANAGEMENT INFORMATION SYSTEMS IN DECISION MAKING (3)

DIS 621 BUSINESS EXPERT SYSTEMS (3)

DIS 622 BUSINESS DATA SYSTEM ANALYSIS AND DESIGN (3)

DIS 623 BUSINESS DECISION SUPPORT SYSTEMS (3)

DIS 624 MANAGEMENT OF INFORMATION RESOURCES (SAME AS MGT 624) (3)

DIS 651 QUANTITATIVE ANALYSIS IN BUSINESS DECISION MAKING (3)

DIS 700 TOPICS IN OPERATIONS MANAGEMENT (3)

DIS 720 MANAGEMENT INFORMATION SYSTEMS THEORY (3)

DIS 752 TOPICS IN OPTIMIZATION (3)

DIS 753 SEMINAR IN MANAGEMENT SCIENCE (3-6)

DIS 780 STUDIES IN DECISION SCIENCE AND INFORMATION SYSTEMS (3)

DIS 790 SPECIAL TOPICS IN MANAGEMENT DECISION SYSTEMS (SUBTITLE REQUIRED) (3)

FIN 585 BANK MANAGEMENT (3)

FIN 600 CORPORATE FINANCIAL POLICY (3)

FIN 623 INTERNATIONAL FINANCIAL MANAGEMENT (3)

FIN 637 HEALTH FINANCE (SAME AS PA/HA/HSM 637) (3)

FIN 645 CORPORATE INVESTMENT AND FINANCING POLICY (3)

FIN 647 WORKING CAPITAL POLICY (3)

FIN 650 INVESTMENTS (3)

FIN 664 REAL ESTATE FINANCE (3)

FIN 680 MONEY, INTEREST AND CAPITAL (3)

FIN 691 ADVANCED TOPICS IN FINANCE (SUBTITLE REQUIRED) (1-3)

FIN 695 INDIVIDUAL WORK IN FINANCE (1-6)

FIN 700 SEMINAR IN FINANCIAL THEORY (3)

FIN 701 SEMINAR IN FINANCIAL THEORY II (3)

FIN 745 SEMINAR IN MANAGERIAL FINANCE (3)

FIN 750 SEMINAR IN INVESTMENT THEORY (3)

FIN 763 RESEARCH, DESIGN AND ANALYSIS (SAME AS MGT/MKT 763) (3)

FIN 780 SEMINAR IN FINANCIAL INSTITUTIONS (3)

FIN 791 SEMINAR IN FINANCE (SUBTITLE REQUIRED) (1-3)

FIN 795 INDEPENDENT WORK IN FINANCE (1-6)

MGT 608 COMPARATIVE INTERNATIONAL MANAGEMENT (3)

MGT 611 ORGANIZATIONAL BEHAVIOR (SAME AS MFS 611) (3)

MGT 620 PERSONNEL AND INDUSTRIAL RELATIONS (3)

MGT 624 MANAGEMENT OF INFORMATION RESOURCES (SAME AS DIS 624) (3)

MGT 640 LEGAL AND REGULATORY ENVIRONMENT (3)

MGT 695 INDIVIDUAL WORK IN MANAGEMENT (1-6)

MGT 697 TOP MANAGEMENT LEADERSHIP IN THE CONTEMPORARY BUSINESS ENVIRONMENT (3)

MGT 699 BUSINESS POLICY AND STRATEGY II (3)

MGT 700 ADMINISTRATIVE SCIENCE (3)

MGT 711 ORGANIZATIONS AND EXTERNAL SYSTEMS (3)

MGT 712 ORGANIZATIONS AND INDIVIDUAL BEHAVIOR (3)

MGT 713 SEMINAR IN ADVANCED ORGANIZATION THEORY (3)

MGT 714 SEMINAR IN MANAGEMENT THEORY AND POLICY (3)

MGT 763 RESEARCH, DESIGN AND ANALYSIS (SAME AS MKT/FIN 763) (3)

MGT 780 SPECIAL TOPICS IN MANAGEMENT (SUBTITLE REQUIRED) (3)

MGT 781 INDEPENDENT WORK IN MANAGEMENT (1-6)

MKT 600 MARKETING MANAGEMENT (3)

MKT 601 MARKETING RESEARCH (3)

MKT 621 PRODUCT MANAGEMENT (3)

MKT 622 SALES MANAGEMENT (3)

MKT 623 MARKETING IN SERVICE AND NONPROFIT ORGANIZATIONS (3)

MKT 624 INTERNATIONAL MARKETING MANAGEMENT (3)

MKT 695 INDIVIDUAL WORK IN MARKETING (1-6)

MKT 700 SEMINAR IN MARKETING MANAGEMENT (3)

MKT 710 SEMINAR IN CONSUMER BEHAVIOR (3)

MKT 720 SEMINAR IN MARKETING THEORY (3)

MKT 763 RESEARCH, DESIGN AND ANALYSIS (SAME AS MGT/FIN 763) (3)

MKT 771 SEMINAR IN BUSINESS ADMINISTRATION (3)

MKT 781 INDEPENDENT WORK IN MARKETING (1-6)

Note: See also course listings under the Accounting and the Economics programs in this Bulletin.

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