Master of Business Administration (MBA)

 

mba15.jpgAt Webster University we understand that achieving an MBA is a challenge. It makes demands on you, your family and your career. That is why, in today's action-oriented business environment, the Webster MBA program offers maximum flexibility. 

At  Webster University, we have been offering part-time graduate programs specially designed to meet the needs of the working professional for half a century. Our programs are practical, innovative and flexible - tailored to fit comfortably into your busy schedule.

In addition to the nine core MBA classes, students must also take three electives to be chosen from the other Webster course offerings in Business, Finance, International Business, Management or Marketing.

In addition to the basic MBA, students may focus on an area of special emphasis -- giving the student an extra edge and expanded knowledge in a specific area of study. MBA students may earn an emphasis in the following areas: Finance, International Relations, Management and Leadership and Media Communications.

MBA prerequisites


Each student brings to the MBA program a different academic background and different career and personal goals. Webster University offers prerequisite courses to students without a recent academic background in business, accounting and/or economics. These courses prepare students for the content, vocabulary and theories contained in the core courses. The costs of Pre MBA courses are 2,075 euros per course (2010-2011 prices), they will take 8 weeks to complete each course and classes are mainly offered in our WorldClassRoom (online, but also check our current schedule for the classroom-based accounting course offered in Fall 1). Please click on the Pre MBA topics below to get more information from the WorldClassRoom syllabi about learning outcomes and necessary coursework for the prerequisite MBA courses:
Business
Accounting
Current Economic Analysis

For specific details on a possible waiver for any of the prerequisite MBA courses, please contact admissions. To apply for a waiver complete the Pre-MBA waiver form and submit it at the time of application: pre_mba_waiver_form.pdf


No other degree gives you such a broad overview of business across all functional disciplines. No other degree prepares you better for general management. The Webster MBA for working professionals offers unique networking opportunities with professors and fellow students from around the globe.

Required courses

MNGT 5590 Organizational Behavior

This course introduces students to many of the basic principles of human behavior that effective managers use when managing individuals and groups in organizations. These include theories relating to individual differences in abilities and attitude, attribution, motivation, group dynamics, power and politics, leadership, conflict resolution, organizational culture, and organizational structure and design.

MRKT 5000 Marketing

Students examine the character and importance of the marketing process, its essential functions, and the institutions exercising these functions. Course content focuses on the major policies that underlie the activities of marketing institutions and the social, economic, and political implications of such policies.

FINC 5000 Finance

Examines the general nature of financial management, the global financial system, taxes, present value, capital budgeting, risk, asset pricing, financial analysis, forecasting, financial decisions, market efficiency and capital structure.

FINC 5880 Advanced Corporate Finance

Examines advanced topics such as the cost of funds, capital structure, valuation, leasing, mergers, takeovers, business failure, reorganization and liquidation.

BUSN 6110 Operations and Project Management

Examines qualitative and quantitative methods and theories in the management of business operations and production systems for goods and services. Focus is on how to couple production strategy of a firm to its corporate strategy.

BUSN 5760 Applied Business Statistics

Examines the application of statistical analysis in business decision-making. Descriptive statistics, forecasting, probabilistic models, sampling, statistical inference and regression analysis are included. Emphasis is on building models and applying them to decision-making.

BUSN 6070 Management Accounting

Examines advanced topics in management accounting as these relate to management information needs for planning, control, and decision making.

BUSN 6120 Managerial Economics

Focuses on the application of microeconomic theory as applied to the manager's responsibilities within the organization.

BUSN 6200 Strategy and Competition

Examines the conceptual and practical aspects of business policies and policy decision-making by utilizing all the concepts, theories, and models developed in previous MBA courses. Particular focus is given to the analysis of the business environment, SBU's, resource allocation, business strategies and evaluation methods.


Elective courses

The following courses are examples of elective courses.

MNGT 5870 Issues in Management: Emotional Intelligence

This course takes an experiential approach to understanding emotional literacy in leaders. Each student is required to chart their own emotional growth during the class and to submit a progress report analyzing their personal and professional development at the end of the term. In addition, students, in small groups, will summarize/apply major sections of the course material and submit their summaries/applications in both written and oral formats. Homework and written exercises will be assigned throughout the course. Class participation, including student performance on in-class exercises, role-plays, class discussion, etc. will be assessed throughout the term.

MNGT 5870 Issues in Management: Recognizing New Business Opportunities

This is an experiential, project-focused course: Student teams will complete a Customer-Driven Feasibility Study based on an original idea for a new business. Students will have the opportunity to work on their own new business idea or to work with a team partner to develop his or hers.
A Customer-Driven Feasibility Study (CDFS) is what students, entrepreneurs, and executives should do before writing a business plan for a new venture or new product launch. Knowing how to build a CDFS will also benefit start-up managers who need to re-tool their business model by answering the critical question: Is there a target market we can enter where we can offer the customer clear and compelling benefits at a price he or she (or it) is willing to pay?
The CDFS will be each team’s final deliverable and the primary feature of the course. Student teams will develop it progressively and systematically, using an approach that integrates theoretical, practical, experiential, and field-based learning as they go along.

MNGT 5870 Issues in Management: Project Management

The course addresses international management issues as well as specific project management topics. It will cover the entire range of project management from the early stages of strategy formulation, strategic planning, through project definition and scheduling, to project change control and close out.
Emphasis will be given to the application of theory (methodologies and approaches) to the specific needs of NGOs.

MNGT 5870 Issues in Management: Organizational Innovation, Exploring the New Innovation Landscape

Organizational Innovation in this course is considered as the capacity of an organization to co-evolve with the external environment, i.e. to respond to changes in the external environment, but also to influence and shape it. With the accelerating rate of change of the environment and new technological developments, particular in the ICT sector and globalization, innovation is becoming ever more important for survival and growth of an organization. The subject will be approached by viewing reality in two different ways, viz. a conventional (‘mechanistic’) perspective and the so-called complexity perspective, which is based on the theory of Complex Adaptive Systems (CAS). This course will cover the full spectrum of the innovation landscape ranging from Closed to Open innovation, Incremental to Radical innovation and Sustained to Disruptive innovation. It will also discuss implications of the business model for different types of innovation. Examples of real companies will be used to illustrate the principles and characteristics of different types of innovation. The course will also address the innovation process and how to create the innovative organization.
Students will we be challenged to explore the innovation landscape, including the new trends in innovation, like: open(-source) innovation and crowd sourcing, by searching the internet, examining innovation practices in their own organizations and synergistic interactions in class.

MNGT 5870 Issues in Management: Principles of Negotiation

The fundamentals of effectively negotiating in all situations will be discussed and practiced using role-playing techniques. A review of traditional negotiating techniques and the varying personalities which come into play will be discussed, followed by a more intensive focus on the concept of principled negotiation.


Prerequisite Courses

Candidates without prior university-level coursework in business, accounting and economics may be required to follow one or more of the following courses during the first year of their MBA program. Prerequisite courses are offered mostly online and take one term to complete.

BUSN 5000 Business

This course is designed to provide a foundation in such general business concepts as economics, finance, accounting, business law, marketing, and other business systems.

BUSN 5600 Accounting Theory and Practice

Students examine the accounting function and its role in modern business.Basic accounting theory and principles are examined, and some of the more important contemporary accounting developments are reviewed. Case studies are analyzed with an emphasis on situations from the students' own work experiences. This course is designed for consumers as opposed to producers of accounting.

BUSN 5620 Current Economic Analysis

Implications of current economic events are examined through the applications of economic theory. Emphasis is placed on acquainting the student with methods of economic analysis in the context of current economic issues.