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To comply with AACSB International accreditation standards, MBA degree programs must consist of a
minimum of 48 semester credits of foundation and graduate work in business administration and related
areas. Most programs require a minimum of 18 credits of foundation work and a minimum of 30 credits
of graduate-level work. As described above, the UMD program requires a total of 32 credits of
graduate level work in management and business administration after admission. Therefore, applicants
must complete a minimum of 16 credits or the equivalent of foundation or prerequisite work in related
areas in addition to the 32 program credits. As is true for graduate programs in other areas, students
are expected to have completed foundation work prior to registering for and being granted graduate
credit in an area. A general listing of areas and common course titles that comprise what is
considered the foundation for the graduate-level work in management and business administration is
presented below. As shown in the chart, the foundation areas include mathematics, statistics, and
computer applications in addition to accounting, economics, and each of the functional areas of
business. The number of prerequisite or foundation courses to be completed will vary depending upon
previous educational experience of the applicant.
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REQUIRED FOUNDATION/PREREQUISITE PREPARATION
Applicants are required to have completed formal academic work in mathematics,
statistics, economics, and accounting and formal academic work or comparable industrial
training in the other areas identified below as a foundation for the 32 credits of
graduate-level that comprise the MBA program. Normally, all of this foundation work
should be completed prior to beginning to take MBA-level courses.
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General Competency Areas:
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Mathematics (through finite math and calculus short course)
Statistics (through simple regression and analysis of variance)
Computer Applications (word processing, spreadsheet, database, email and Internet awareness and use)
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Foundation Areas
in
Accounting, Economics,
and
Business
(UMD semester course identifiers are shown in parentheses)
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Accounting--at least one semester of financial accounting (Acct 2001 or 2005)
Economics-introductory micro course or combination micro/macro (Econ 1022 or 1003)
*Management-principles, intro, or organizational behavior/theory (MgtS 3401)
*Human Resources Management-principles or intro course (MgtS 3801)
*Marketing-principles, intro, or fundamentals course (MgtS 3701)
*Finance-intro, fundamentals, or corporate finance (FMIS 3601)
*Production/Operations Management-intro or fundamentals (FMIS 3301)
*Courses normally completed at upper division/junior-senior level
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