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• Business Management – B.S. Business Administration
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• Master of Business Administration (MBA)
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• Teaching, Special Education (K-12) – M.A.

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• Endorsement Preparation Program, English Language Learning (PreK-12)
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• Information Technology Management – B.S. Business Administration (from the School of Business)
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• Nursing – Education (BSN-to-MSN Program) – M.S.
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Master of Business Administration

An Online MBA Degree That Prepares You to be a Successful Business Leader

You're ready to become a leader and rise to the next level in business. A master's degree in business administration is the step you need to take you further in your professional career and potentially earn a higher salary. A reputable online MBA degree program can be the difference-maker for your future by helping you understand business practices and management skills. This master's in business administration is focused on equipping you with skills and credentials that helps distinguish your value in the business world.

Compare this degree:  Also considering the MSML degree program?  This article can help you understand the differences .

Graduates can finish within 

WGU lets you set a schedule so you can finish your MBA in just one year. You are in control of the schedule and timing for your online MBA program.

*WGU Internal Data

Tuition per six-month term is

See what your online MBA will cost at our university. Tuition charged per term—rather than per credit—helps students control the ultimate cost of their degrees. Finish faster, pay less!

Average salary increase

Master of Business Administration graduates report an average salary increase of $14,025 after completing their WGU degree.

Ready to Start Your WGU Journey?

Next Start Date: {{startdate}}

Start Dates the 1st of Every Month

MBA Courses

Program consists of 11 courses

At WGU, we design our curriculum to be timely, relevant, and practical—all to help you show that you know your stuff.

This program is composed of the following business and management courses. You will typically complete them one at a time as you make your way through your program, working with your Program Mentor each term to build your personalized degree plan. You’ll work through each course as quickly as you can study and master the material. As soon as you’re ready, you’ll pass the assessment, complete the course, and move on. This means you can finish as many courses as you're able in a term at no additional cost.  One year MBA students can complete all of their coursework in just two WGU terms. You will set a schedule with your Program Mentor to enable you to finish your program quickly.  Learn more about the one year MBA program at WGU. 

To ensure WGU graduates acquire the knowledge and skills sought by today’s employers, our Master of Business Administration—like all of WGU's School of Business programs—was developed with significant input from experts and business leaders who serve on our Business Program Council.

This course covers principles of effective management and leadership that maximize organizational performance. The following topics are included: the role and functions of a manager, analysis of personal leadership styles, approaches to self-awareness and self-assessment, and application of foundational leadership and management skills.

This course focuses on strategies and tools that managers use to maximize employee contribution and create organizational excellence. You will learn talent management strategies to motivate and develop employees as well as best practices to manage performance for added value.

This course prepares students for the communication challenges in organizations. Topics examined include theories and strategies of communication, persuasion, conflict management, and ethics that enhance communication to various audiences.

This course focuses on the strategic importance of operations management to overall performance. This course also emphasizes principles of supply chain management relevant to a variety of business operations ranging from manufacturing goods to retail services. You will examine the various planning, control, and decision-making tools and techniques of the operations function.

This course examines how economic tools, techniques, and indicators can be used for solving organizational problems related to competitiveness, productivity, and growth. You will explore the management implications of a variety of economic concepts and effective strategies to make decisions within a global context.

Marketing Fundamentals introduces students to principles of the marketing environment, social media, consumer behavior, marketing research, and market segmentation. Students will also explore marketing strategies that are related to products and services, distribution channels, promotions, sales, and pricing.

This course provides you with the accounting knowledge and skills to assess and manage a business. Topics include the accounting cycle, financial statements, taxes, and budgeting. This course will improve students’ ability to understand reports and use accounting information to plan and make sound business decisions.

This course examines the ethical issues and dilemmas managers face. This course provides a framework for analysis of management-related ethical issues and decision-making action required for satisfactory resolution of these issues.

This course covers practical approaches to analysis and decision-making in the administration of corporate funds, including capital budgeting, working capital management, and cost of capital. Topics include financial planning, management of working capital, analysis of investment opportunities, sources of long-term financing, government regulations, and global influences. This course will improve students’ ability to interpret financial statements and manage corporate finances.

This course presents critical problem-solving methodologies, including field research and data collection methods that enhance organizational performance. Topics include quantitative analysis, statistical and quality tools. You will improve your ability to use data to make informed decisions.

MBA Capstone is the culminating course in the MBA program that provides an integrative experience with all competencies and assessment topics throughout the program. Students synthesize concepts from previously completed coursework and demonstrate an understanding of responsible practices for growing and running a business. This course promotes a meaningful connection between the academic work and career experience.

Program consists of 11 courses

Capstone Project

Special requirements for this program

At the end of your program, you will complete a capstone project that represents the culmination of all your hard work—a project that allows you to take what you’ve learned and apply it to a real-world situation, proposing a solution to an actual issue you face in your place of business.

Skills For Your Résumé

As part of this program, you will develop a range of valuable skills that employers are looking for. 

• Management: Identified and determined the resources required to effectively support an organization or process, ensuring optimal functionality and efficiency.
• Operations: Developed comprehensive systems with standard operating procedures (SOPs) for distinct parts of a business, promoting consistency, compliance, and operational excellence.
• Communication: Leveraged appropriate communication techniques to effectively persuade and guide outcomes.
• Data Analysis:  Applied analytical and logical reasoning skills to uncover valuable information crucial for decision-making processes.
• Written Communication:  Addressed internal and external stakeholders using the most suitable written communication strategy for each audience, fostering effective communication and engagement.
• Business Development:  Developed strategic plans for acquiring new business and expanding existing business in collaboration with the business development team.

“Because of WGU's competency-based program, I didn't have to get into things that I already knew. Instead I was able to use that for the things that were more challenging for me to learn.”

—Alvyn Joy Halili MBA

WGU vs. Traditional Universities Compare the Difference

Traditional Universities

TUITION STRUCTURE

Per credit hour

Flat rate per 6-month term

Schedule and wait days or even weeks to meet with one of many counselors

Simply email or call to connect with your designated Program Mentor who supports you from day one

Scheduled time

Whenever you feel ready

Professor led lectures at a certain time and place

Courses available anytime, from anywhere

TIME TO FINISH

Approximately 2 years, minimal acceleration options

As quickly as you can master the material, can finish programs in 1 year

Earning Potential

After graduation, WGU MBA master's degree graduates report earning $16,200 more per year*. Are you ready to make more money?

Entirely Online

Competency-based education means you can move as quickly through your degree as you can master the material. You don't have to log in to classes at a certain time—you are truly in the driver's seat of your education.  

The Master of Business Administration degree at WGU is 100% online, which means it works wherever you are. You can do your coursework at night after working at your full-time job, on weekends, while you're traveling the world or on vacation—it's entirely up to you.

Accredited, Respected, Recognized™

One important measure of a degree’s value is the reputation of the university where it was earned. When employers, industry leaders, and academic experts hold your alma mater in high esteem, you reap the benefits of that respect. WGU is a pioneer in reinventing higher education for the 21st century, and our quality has been recognized.

COST & TIME

Affordable Online Degree Programs

By charging per term rather than per credit—and empowering students to accelerate through material they know well or learn quickly—WGU helps students control the ultimate cost of their degrees. The faster you complete your program, the less you pay for your degree.

A College Degree Within Reach

There is help available to make paying for school possible for you:

The average student loan debt of WGU graduates in 2022 (among those who borrowed) was less than half* the national average.

Most WGU students qualify for financial aid, and WGU is approved for federal financial aid and U.S. veterans benefits. 

Many scholarship opportunities are available. Find out what you might be eligible for.

* WGU undergraduate students have approximately half the debt at graduation compared to the national average, according to the Institute for College Access and Success (2022).

Flexible schedule, you control where, when, and how fast you learn and graduate.

Schedules are tight and often unpredictable for busy professionals. That’s why we offer a flexible, personalized approach to how education should be. No interruptions to your work and family obligations. No rigid class schedules. No barriers to earning your degree on your own terms. Just a solid, career-focused online MBA program that meshes seamlessly with your current lifestyle.

"I was fortunate enough to finish my WGU degree program in six months because I was able to show what I knew and not have to sit in needless classes. I was able to showcase my strengths and still have plenty of time to work on my weaknesses, which really helped me finish my degree. I couldn't have done this anywhere else.”

—David Burks MBA

CAREER OUTLOOK

A Respected MBA Degree That Can Prepare You for a Successful Management Career

Goldman Sachs. Google. MGM. Microsoft. Apple. These giant organizations are changing the world, and WGU MBA graduates are there in the thick of it—making decisions as key leaders in top organizations. An online MBA degree from WGU has prepared these graduates to stand out from the competition, to take charge, and to make change. And a master's in business administration degree could do the same thing for you. Get an MBA online that is focused on helping you excel as a business leader and reach all your career aspirations.

WGU’s online MBA degree is designed for business professionals who are ready to advance their career. It is a university program that focuses on management, strategy, and business skills that are vital to your success as a leader. Earn an online MBA that gives you the skills to become the impactful business leader your organization needs.

Return on Your Investment

On average, wgu graduates see an increase in income post-graduation.

Average income increase from all degrees in annual salary vs. pre-enrollment salary. Source:  2023 Harris Poll Survey  of 1,655 WGU graduates.

Survey was sent to a representative sample of WGU graduates from all colleges. Respondents received at least one WGU degree since 2017.

Employment of top executives is projected to grow 6% through 2033 .

—U.S. Bureau of Labor Statistics

MBAs from WGU Are Leading Teams and Businesses in Diverse Industries

Problem-solving leaders are required in every industry, and strategic thinking is necessary at every successful company. If you're ready to broaden your business knowledge and advance your career, WGU's MBA program online can prepare you to be an effective leader and produce successful results wherever you go. Your business management career starts here! Our 5,300-plus MBA grads have great jobs and satisfying careers.

• President and CEO
• Vice president
• Executive director
• Chief strategic officer

Top Industries

• Private companies
• Healthcare organizations
• Nonprofit organizations
• Colleges and universities

Top Employers

• American Airlines
• Edward Jones
• Intermountain Healthcare
• Mayo Clinic

WGU Grads Hold Positions With Top Employers

ADMISSIONS & TRANSFERS

MBA Admission Requirements

To be considered for this program, you must:

• Submit all transcripts verifying receipt of your bachelor’s degree from a recognized, accredited institution.

NOTE: You do not need to take the GRE or GMAT to be admitted to this program.  Learn why we don't require these tests.

Transfer Credits

Get Your Enrollment Checklist

Download your step-by-step guide to enrollment.

Get Your Questions Answered

Talk to an WGU Enrollment Counselor.

FINISH FASTER

The One-Year MBA

WGU's unique competency-based model allows you to move faster through your degree program. This online Master of Business Administration degree gives you the flexibility you need to earn your degree on your terms. You don't have to leave your job to pursue a master's in business administration—something you and your employer will both appreciate. No logging in, no set class times—you are in the driver's seat of your education.

WGU's one-year* MBA allows you to finish your Master in Business Administration program in only 12 months for just $9,510.

* Program can be completed in as little as 12 months. Pricing is based on 12-month completion of the program. Students that do not complete in 12 months and need longer to complete the program will need to pay for additional terms.

Frequently Asked Questions about MBA Programs

• General MBA FAQs
• Online MBA FAQs

What is an MBA?

MBA stands for Master’s of Business Administration. An MBA is a graduate-level business management degree that teaches you leadership skills for the modern business world. Those with an MBA often stand out among candidates for upper management positions.

Is it Masters or Master of Business Administration?

Both terms are commonly used, but the technical correct usage is Master of Business Administration, or a Master's in Business Administration. 

What can you do with a Master in Business Administration?

There are many job opportunities with an MBA degree. They include:

• Chief executive officer
• Chief financial officer
• Marketing manager
• International business development
• Chief marketing officer
• Sales manager
• Operations manager
• Human resources manager

What is the purpose of an MBA degree?

An MBA gives you additional skills and training that can help you progress in your career. You'll learn about strategy, communication, management, and leadership that will help you move into larger roles in an organization. An MBA trains you to become a business leader in many different kinds of industries.

What do you learn in an MBA program?

In an MBA program you'll have courses in accounting, finance, marketing, strategy, leadership, management, and more. 

Is a Master's in Business Administration worth it?

Yes! An MBA can help you boost your résumé and help you get higher pay, better job opportunities, and more. In fact, WGU MBA graduates earn an average of $16,200 more per year after graduation.

Why should you pursue an MBA?

An MBA is a great option for those who want to progress into management or leadership roles in an organization. Whether you want to move to a new company or have upward mobility in your current organization, an MBA can help you be prepared to move up.

What is an MBA good for?

An MBA teaches you leadership skills that can help you excel as an executive in a business setting. Earning an MBA can set you apart when you’re looking to advance into a management role within a corporation. The skills you learn in an MBA program may also help you start and manage your own business.

How long does it take to get an MBA degree?

In general, it takes around two years to earn an MBA degree. That said, through a competency-based online MBA program like the one offered at WGU, students may be able to earn their degree more quickly, sometimes in 18 months or less.

How many years does it take to get an MBA degree?

The number of years it takes to earn an MBA degree can vary depending on the university.

• Traditional university: 2 years
• Competency-based MBA program: 1 to 1.5 years
• Part-time MBA program: around 3 years

Can you earn an MBA completely online?

Yes. You can earn an MBA completely online. This unique model enables students to keep their current job while working toward their degree. Competency-based education models and on-demand classes, tests, and assignments make earning a degree online a valid option for busy working professionals or those with limited access to a brick and mortar university.

Does online MBA have any value?

Yes. With the growing prevalence and availability of online MBA programs, curriculum and acceptance criteria have become more rigorous. As higher education has moved increasingly to online formats, more employers are respecting online MBAs and finding online MBA grads to possess the skills necessary to add value to their business. 

Is an online MBA respected?

Yes. If you earn an MBA from an accredited and reputable university, it will likely be respected by employers. Many online MBA programs have gained enough of a reputation that employers now seek out graduates specifically from certain online programs and universities.

Which online MBA program is best?

The best online MBA programs in terms of ROI include:

• Excelsior College; 497% ROI
• Western Governors University; 267% ROI
• American Public University; 249% ROI
• Arizona State University—Skysong; 225% ROI
• Capella University; 171% ROI

Is an online MBA easy?

No. An online MBA is not necessarily easy. While an online MBA may offer more flexibility and accessibility than a typical in-person program, online programs are still competitive and rigorous. Many students, however, find that an online MBA is easier in the sense that it fits more seamlessly into their busy lives, as they can access courses, take exams, and complete projects anywhere they have internet access.

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MBA Curriculum and Core Courses in an MBA Program

MBA Curriculum and Core Courses Simplified

The foundation of any Master of Business Administration (MBA) degree lies in its curriculum. An amalgamation of rigorous academic concepts and practical applications, the MBA curriculum serves as the groundwork for broadening business acumen. From understanding complex business strategies to grasping the principles of financial management, students cultivate skills that allow them to navigate the multifaceted world of business confidently.

Core courses play a pivotal role in this transformative journey. Establishing a solid base in diverse business disciplines, these classes ensure students acquire a comprehensive understanding of the business ecosystem. They arm students with the tools to make informed decisions, devise effective strategies, and lead with authority. Here’s a glance at the cornerstone subjects generally incorporated within the MBA core curriculum:

• Economics : Equips students with an understanding of economic theories and principles that drive business decisions.
• Finance : Provides the foundations of financial theory, covering topics like capital management, budgeting, and investment strategy.
• Marketing : Delivers insight into creating, promoting, and delivering goods and services to consumers.
• Operations Management : Offers knowledge about the efficient control of production and business operations.
• Organizational Behavior : Explores how individuals and groups behave within an organization, aiming to enhance leadership and teamwork skills.
• Accounting : Teaches students about financial reporting, analysis, and the effective communication of financial information.
• Business Strategy : Introduces students to the art of strategic planning and decision-making.

This well-rounded exposure to various business disciplines is what sets the MBA degree apart. The core courses not only impart essential knowledge but also promote critical thinking and problem-solving skills. They create versatile business leaders, capable of steering their organizations towards success in a constantly evolving business landscape.

Online Management Programs

Discover information on start dates, credit transfer processes, initial salary expectations, financial aid opportunities, GMAT requirements, tuition fees, student-to-faculty ratios, and average post-graduation employment rates.

MBA Curriculum and Core Courses

The Structure of an MBA Curriculum

Core courses.

The heartbeat of an MBA curriculum is its core courses. Designed to instill essential knowledge in various areas of business, these classes play a significant role in shaping a well-rounded business professional. They serve as the building blocks for advanced study and specialized concentrations, ensuring that students have a comprehensive grasp of business fundamentals.

The core courses aim to broaden students’ understanding of business from all angles. They delve into key areas such as financial management, organizational behavior, marketing, operations, and strategy. By integrating theory with practical examples, these courses provide a real-world context that allows students to understand the applicability of what they’re learning.

Here’s a snapshot of the common subjects usually offered as part of the core curriculum in most MBA programs:

• Accounting : Teaches students about the financial backbone of businesses, with a focus on financial reporting and analysis.
• Economics : Provides an understanding of economic principles and how they influence business decisions and strategies.
• Finance : Offers insight into financial management principles, including capital management, budgeting, and investment strategies.
• Marketing : Introduces the process of creating and marketing goods or services to customers, with a focus on marketing strategy and customer behavior.
• Operations Management : Covers the planning and control of business operations, providing students with a clear view of production and service management.
• Organizational Behavior : Explores how individuals and groups behave within an organization, helping students develop leadership and teamwork skills.
• Business Strategy : Teaches students about strategic decision-making and planning, preparing them to make high-level decisions that can influence the direction of a business.

These core courses provide students with the tools they need to understand and navigate the world of business. They lay the groundwork for further specialization and equip students with the skills they need to succeed in their chosen careers.

Electives and Specializations

Following the completion of core courses, MBA students venture into the realm of electives and specializations. This phase of the MBA curriculum offers the opportunity to tailor the degree to specific career aspirations.

Electives provide students with the flexibility to explore areas of interest in greater depth. They can select from a wide range of subjects that extend beyond the core curriculum, allowing them to acquire specialized knowledge and skills. Whether a student aims to delve into the nuances of digital marketing or wishes to understand the intricacies of supply chain management, electives serve as a pathway to individualize their educational journey.

In parallel, specializations or concentrations enable students to gain expertise in a particular domain. They can choose to specialize in areas like Finance, Marketing, Operations, Technology, or Entrepreneurship, among others. Each specialization offers an in-depth understanding of the field and prepares students for roles within that sector.

Here are some popular MBA specializations:

• Finance : This specialization focuses on topics like corporate finance, investment analysis, and financial markets, preparing students for careers in banking, financial consulting, or financial management.
• Marketing : This specialization covers advanced marketing concepts and strategies, consumer behavior, and brand management. Graduates often pursue careers in marketing management, market research, or brand management.
• Operations Management : This track delves into process management, supply chain management, and logistics. Graduates often find roles in manufacturing, logistics, and operations consulting.
• Information Systems : This specialization explores the use of information systems in business operations and decision-making. Careers can include systems analyst, IT consultant, or IT manager.
• Entrepreneurship : This track prepares students to start and manage their own businesses, covering areas like venture capital, innovation, and business plan development.

See a detailed listing of 55 Concentrations offered in the U.S..

By integrating core courses, electives, and specializations, the MBA curriculum offers a holistic and customized learning experience. It paves the way for graduates to step confidently into a variety of business roles, armed with a blend of broad-based knowledge and specialized skills.

Capstone Projects and Experiential Learning Opportunities

In addition to coursework, MBA curricula often culminate in a capstone project. This comprehensive assignment integrates the knowledge and skills acquired throughout the program, challenging students to apply learned concepts to practical situations.

Capstone projects vary in format, but they generally involve solving a business problem or developing a business plan. These projects enable students to showcase their ability to apply theoretical knowledge, strategic thinking, and problem-solving skills in a practical setting.

Experiential learning serves as another key component of many MBA programs. It bridges the gap between theoretical knowledge and real-world application, providing students with first-hand exposure to business operations.

Below are some of the typical experiential learning opportunities in MBA programs:

• Internships : Offer students the opportunity to gain work experience in a field related to their specialization. Internships allow students to apply their classroom learning to real-world situations, gain practical skills, and build professional networks.
• Study Abroad Programs : Some MBA programs offer international immersion experiences. These programs provide a global perspective on business, exposing students to different cultures and business practices.
• Business Simulations : These interactive tools immerse students in a realistic business scenario, challenging them to make strategic decisions that affect a virtual company’s performance.
• Consulting Projects : Students work with real companies to address existing business challenges. These projects offer an opportunity to apply theory to practice and often involve collaboration with experienced professionals.

By combining academic learning with practical application, capstone projects and experiential learning opportunities enrich the MBA experience. They prepare students for the dynamic business world and equip them with the necessary tools to solve complex business problems effectively.

Common Core Courses in an MBA Program

Accounting and financial management.

A core element of an MBA program, the Accounting and Financial Management course instills fundamental knowledge that shapes successful business leaders.

Accounting provides the ability to understand and analyze financial statements, giving students a window into the financial health of a business. Topics typically covered include financial reporting, cost accounting, and managerial accounting. It’s crucial for decision-making and offers insights into profitability, financial stability, and growth potential of an organization.

Financial Management , on the other hand, educates students about capital management, investment decisions, and financial risk management. It revolves around the efficient management of a company’s finances to maximize shareholder value. Concepts like capital budgeting, asset valuation, risk, and return, and working capital management are generally covered.

Together, these subjects play a crucial role in forming the backbone of any successful business. They arm future leaders with the tools necessary to make informed financial decisions, manage resources effectively, and steer their organizations towards financial sustainability. Understanding these concepts allows business leaders to navigate financial complexities, fuel growth, and foster business resilience.

Marketing Management

Marketing Management is a critical core course in an MBA program, building proficiency in key marketing strategies and concepts.

Students delve into the dynamics of market segmentation, targeting, and positioning. They explore elements of the marketing mix—product, price, place, and promotion—and how to integrate these components to create effective marketing strategies. Topics like consumer behavior, brand management, digital marketing, and marketing analytics also take center stage.

The knowledge and skills acquired in this course extend beyond conventional marketing roles. Irrespective of the industry or function, every manager needs a solid understanding of marketing. Whether it’s launching a new product, entering a new market, or managing customer relationships, marketing principles come into play.

An understanding of marketing management equips future business leaders with the tools to anticipate and meet customer needs, establish a strong brand presence, and drive business growth. It provides them with a customer-centric lens, critical for business success in today’s competitive marketplace.

Operations Management

Operations Management, a staple in the MBA core curriculum, unravels the intricacies of managing and improving business processes.

This course presents a deep dive into the systematic design, direction, and control of processes that transform inputs into services and products for customers. Key topics often include process analysis, capacity planning, inventory management, supply chain management, quality control, and project management.

Operations Managemen t holds a central role in optimizing the efficiency and effectiveness of business operations. It provides the tools to improve productivity, minimize waste, and create value in an organization’s operations.

For future business leaders, an understanding of operations management is pivotal. It equips them with the ability to streamline processes, enhance quality, and manage resources effectively, ultimately driving operational excellence. It’s not confined to manufacturing or logistics; these principles apply to any process-driven activity in an organization, from customer service to human resources.

In a business world characterized by increasing complexity and rapid change, the insights gained from studying operations management are invaluable. They enable managers to navigate operational challenges, adapt to change, and drive performance improvement, crucial for sustaining competitive advantage.

Organizational Behavior and Leadership

Organizational Behavior and Leadership form a key component of MBA programs, emphasizing the human side of management.

Organizational Behavior (OB) delves into how individuals, groups, and structures impact behavior within an organization. It offers insight into team dynamics, motivation, communication, conflict resolution, and organizational culture. By studying OB, students gain an understanding of human behavior in a work context, enabling them to manage people and interpersonal dynamics effectively.

Leadership focuses on developing the essential skills required to guide teams and organizations. It covers topics like leadership styles, decision-making, strategic planning, change management, and ethical leadership. Students learn not only about the traits and behaviors of effective leaders but also how to adapt their leadership style to different situations and individuals.

These courses play a pivotal role in developing management skills. Whether managing a team, leading a project, or running an entire organization, leadership and understanding of organizational behavior are crucial. These competencies allow future business leaders to inspire and motivate their teams, manage change effectively, and foster a positive organizational culture. They provide a foundation for effective leadership in any managerial role, across industries and sectors.

Strategy and Business Policy

The Strategy and Business Policy course stands as a capstone in MBA programs, focusing on the macro perspective of managing businesses.

This course hones students’ skills in formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives. Key topics typically include industry analysis, competitive strategy, corporate strategy, business models, and strategic change.

Students learn to identify strategic issues, analyze competitive forces, and evaluate strategic alternatives. They develop an understanding of how organizations create and sustain competitive advantage. Case studies of real-world business situations often serve as key learning tools, allowing students to apply strategic concepts in complex, dynamic environments.

Understanding strategic decision-making is critical for any future business leader. Whether deciding to enter a new market, launch a new product, acquire a company, or pursue a strategic partnership, these decisions have far-reaching implications on a company’s performance.

Strategy and Business Policy courses prepare students for these high-stakes decisions, equipping them with the frameworks and tools to shape the strategic direction of their organizations. These insights prove invaluable in driving business success, navigating competitive landscapes, and steering companies towards their strategic objectives.

Adapting to Changes in Business Environment

Integrating technology and data analytics into the curriculum.

As the digital revolution continues to reshape the business landscape, MBA curriculums adapt accordingly. They now integrate technology-driven courses like data analytics, artificial intelligence, and information systems.

Data Analytics stands at the intersection of statistical analysis and business management, helping students turn raw data into actionable business insights. This course covers topics like data visualization, predictive analytics, and statistical modeling. As companies increasingly rely on data to inform their strategies, these skills are becoming more crucial than ever.

Artificial Intelligence (AI) and Machine Learning (ML) modules familiarize students with AI and ML concepts and their applications in business. With AI transforming various business functions, an understanding of its principles and capabilities can give future business leaders a competitive edge.

Information Systems (IS) , on the other hand, covers how to leverage technology to improve business processes and decision-making. The course introduces students to systems like ERP, CRM, and SCM, equipping them with the knowledge to select and manage these systems effectively.

These technology-centered courses are not just for aspiring tech managers or data scientists. They equip all future business leaders with the tools to navigate a digital business landscape, drive technology-enabled innovation, and lead data-driven decision-making. In an increasingly digital and data-driven world, these competencies are becoming essential for success in any management role.

Emphasizing Sustainability and Social Responsibility

Reflecting the growing demand for sustainable and ethical business practices, MBA programs are integrating courses on sustainability and corporate social responsibility (CSR).

Sustainability Management courses enable students to understand the intersection between business, environment, and society. They explore topics such as sustainable supply chain management, green marketing, and corporate sustainability strategy. These courses aim to educate future business leaders about the environmental and social impact of business decisions and how to manage them effectively.

Corporate Social Responsibility (CSR) , on the other hand, delves into the ethical and societal aspects of business. It covers areas like stakeholder management, ethical decision making, and CSR strategy. Students learn about the social responsibilities of corporations and how to balance profit-making with values and ethics.

By incorporating these subjects into their curriculum, MBA programs foster a mindset of ethical and responsible decision-making among students. They equip future business leaders with the knowledge and skills to lead their organizations responsibly, considering not just profit, but also people and the planet. In a world where companies are increasingly judged by their social and environmental impact, these competencies have become vital for any aspiring business leader.

More Articles in this Series

The role of teaching methods in mba curriculum, case study method.

A significant pillar of the MBA curriculum is the teaching methodology, with the case study method standing out as one of the most widely used approaches.

In the case study method , students analyze real-world business scenarios, dissecting the situation, identifying issues, and proposing strategic solutions. These cases span various industries and functional areas, offering students a glimpse into the complexities of different business environments.

The case study method is not about finding the ‘right’ answer but about understanding the thought process that leads to a decision. It pushes students to think critically, apply theoretical concepts to practical problems, and make decisions under uncertainty.

This approach offers several benefits. Firstly, it provides a hands-on learning experience, bridging the gap between theory and practice. Secondly, it fosters critical thinking and problem-solving skills, key competencies for any future business leader. Finally, by discussing their analysis and recommendations in class, students develop strong communication and persuasion skills.

In essence, the case study method prepares students for the kind of complex, real-life challenges they will encounter in their managerial careers. It embodies the ‘learning by doing’ philosophy, making the MBA curriculum a transformative learning journey rather than just a series of lectures.

Group Projects and Teamwork Method

Beyond individual work, MBA programs place a strong emphasis on group projects as a cornerstone of their teaching methodology. This approach fosters collaboration and teamwork, mirroring the dynamics of real-world business environments where cross-functional teams often drive initiatives.

Group projects vary in scope and nature. They can involve tackling case studies, developing business plans, executing simulations, or even consulting projects for real companies. Working on these projects, students draw on the diverse backgrounds, perspectives, and skills within their team to navigate complex tasks, make collective decisions, and deliver results.

The benefits of this teaching method extend beyond mastering course content. It builds communication and interpersonal skills , essential for any future management role. By collaborating on projects, students learn to delegate tasks, manage conflicts, leverage team strengths, and align team members towards common goals.

Moreover, teamwork encourages a learning environment where students learn not just from their professors, but also from each other. They share insights, challenge each other’s ideas, and broaden their perspectives through lively discussions and debates.

In essence, group projects turn the classroom into a microcosm of the business world, preparing students for the collaborative and cross-functional nature of their future management roles. The skills developed through these projects – from team management and conflict resolution to communication and persuasion – are valuable assets in the toolkit of any aspiring business leader.

Guest Speakers and Networking Opportunities

MBA programs understand the value of guest speakers and networking events in providing students with exposure to industry experts and expanding their professional network.

Guest speakers, who are typically experienced professionals or subject matter experts, bring real-world insights and practical knowledge to the classroom. They share their experiences, discuss industry trends, and offer valuable perspectives on various business topics. These sessions allow students to gain a deeper understanding of industry practices, current challenges, and emerging opportunities.

Networking events, on the other hand, provide valuable opportunities for students to connect with professionals from diverse industries and build meaningful relationships. These events can take the form of career fairs, alumni gatherings, industry panels, or conferences. Engaging with professionals and fellow students facilitates the exchange of ideas, fosters mentorship opportunities, and opens doors to potential internships or job offers.

The benefits of guest speakers and networking opportunities are manifold. Firstly, students gain exposure to different industries and career paths, broadening their horizons and helping them make more informed career choices. Secondly, they establish connections with professionals who can provide guidance, advice, and potential career opportunities. Finally, these interactions enhance the learning experience by bridging theory and practice, making classroom concepts more tangible and relevant.

In summary, guest speakers and networking events play a vital role in enriching the MBA experience, offering students exposure to industry expertise and expanding their professional network. These interactions contribute to their personal and professional growth, positioning them for success as they embark on their career journeys.

MBA programs typically have a set list of core courses that all students are required to take. The curriculum is designed to provide a well-rounded education in key business areas. However, some programs may offer limited flexibility to choose electives within the core course requirements.

While there are common core courses found in many MBA programs, the specific courses and their content may vary between schools. Each program may tailor its core curriculum to align with its educational philosophy, faculty expertise, and industry trends.

Some MBA programs offer the option to waive certain core courses if you can demonstrate sufficient prior academic coursework or professional experience in those areas. This is typically determined on a case-by-case basis and varies between institutions.

Core courses provide a broad-based education and may not offer specialization options. However, they serve as a foundation for further specialization through elective courses that allow you to focus on specific areas of interest.

Further Reading

• Core Courses for Full-Time MBA Students : This resource from Stanford Graduate School of Business outlines the core courses that full-time MBA students can expect to take, offering insight into the fundamental knowledge and skills they’ll gain.

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• Average MBA Tuition in 2024
• Masters vs MBA: A Comprehensive Comparison

MBA Internships and Job Placements

• The History and Evolution of the MBA Degree
• BBA vs MBA Degree
• About the Author
• Latest Posts

Keri Baker is a Pittsburgh, Pennsylvania-based freelance copywriter and MBA-graduate who loves writing about productivity. When she’s not listening to productivity podcasts or researching Apple products, you can find her chasing her pups around or volunteering at the local homeless mission. Feel free to find Keri on Twitter or Instagram @techgirlpgh.

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Analytical. Data-driven. Rooted in business fundamentals.

Markets change. The fundamentals of business do not.

That’s why we believe in a multidisciplinary approach to an MBA education. Our empowering curriculum is also rooted in the fundamentals of business: accounting, economics, psychology, sociology, and statistics. We've designed it for leaders in any career, in every industry, anywhere in the world.

By gaining a firm grounding in these disciplinary areas, you’ll graduate with the skills, knowledge, and confidence to lead when facing ambiguity, solve any business problem you face, and bring your boldest ideas to life.

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The Booth MBA gives you the freedom to tailor your Full-Time MBA or Evening MBA and Weekend MBA courses to fit your experience, interests, and career goals. With the world’s best faculty, whichever direction you take, you’ll emerge transformed.

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Swing for the fences—we’ve got your back. We offer more than 100 elective MBA classes that are designed to spark your curiosity, inspire you to think big, and prepare you to lead.

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As a Full-Time MBA, Evening MBA, or Weekend MBA student, you can choose to take courses across Booth programs, and in other areas across the University of Chicago.

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Our faculty have the freedom to develop new, innovative courses and to teach their classes in the style they want. No matter which MBA program you choose, you’ll learn from the same world-class faculty alongside classmates who will challenge you to excel.

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You may also take up to 300 units of credit for free after graduation. As you are promoted or change careers, these courses allow you to brush up on a topic that interests you.

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Leadership development is woven throughout your Booth experience. Our flexible curriculum empowers you to make your own choices and navigate your own path, while courses and experiences build your problem-solving and leadership skills. It’s an approach that prepares you to make bold decisions and lead with confidence.

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Our MBA Curriculum

Here’s how the curriculum comes together for Full-Time MBA, Evening MBA, and Weekend MBA students. The Executive MBA Program follows the same curriculum but in a slightly different format .

Begin your MBA journey with LEAD , a hands-on, experiential program designed to build your skills in negotiation, team building, interpersonal communication, and other key management areas. LEAD is the only required component in our curriculum.

Qualified Work Experience

To complement your MBA journey, Full-Time MBA students participate in a hands-on, professional internship experience designed to put your skills into action in a work setting.

Foundations: Three Foundation Areas

Choose one course from each category, selecting the options that best complement your previous education and professional experience.

Financial Accounting

Basic Courses      Financial Accounting

Advanced Alternatives Accounting & Financial Analysis Accounting, Economic, and Regulatory Issues in Complex Deals Deal Structuring and Financial Reporting Implications Financial Statement Analysis Advanced Financial Analysis and Valuation for Global Firms

Microeconomics

Basic Courses      Microeconomics Accelerated Microeconomics Advanced Microeconomic Analysis

Advanced Alternatives Price Theory I Price Theory II

Basic Courses Business Statistics Applied Regression Analysis

Advanced Alternatives Big Data Financial Econometrics Decoding FinTech Statistical Insight into Marketing, Consulting & Entrepreneurship Machine Learning Any PhD-level course

Functions, Leadership & Management, and the Business Environment: Seven Courses

A great deal of flexibility exists under this grouping of courses. Here, you’ll choose from among basic and advanced courses, building your MBA tool kit with courses in business functions, management, and the business environment in which firms operate. Choose one course from seven of the following eight categories:

Basic Courses Investments Introductory Finance Corporation Finance

Approved Substitutes Entrepreneurial Finance and Private Equity Asset Pricing I Asset Pricing II Corporate Finance I Corporate Finance II Financial Instruments Portfolio Management Fixed Income Asset Pricing Advanced Investments Cases in Financial Management International Corporate Finance Debt, Distress, and Restructuring

Basic Courses Marketing Strategy or Marketing Strategy (with Sustainability Simulation)

Approved Substitutes Consumer Behavior Data-Driven Marketing Data Science for Marketing Decision Making Experimental Marketing New Products and Services Lab in Developing New Products and Services Pricing Strategies Brand Management in a Digital Age Digital Marketing Digital Marketing Lab

Basic Courses Operations Management

Approved Substitutes Supply Chain Strategy and Practice Revenue Management Managing Service Operations

Basic Courses Strategy and Structure: Markets and Organizations Competitive Strategy Approved Substitutes Technology Strategy Game Theory Platform Competition Industry Analysis Strategy Simulation: Creating Value in Complex and Ambiguous Settings

Leadership & Management

Basic Courses Cost Analysis and Internal Controls Managerial Decision Modeling Managerial Decision Making

Approved Substitutes Advanced Decision Models with Python

Basic Courses Managing the Workplace Managing in Organizations Power and Influence

Approved Substitutes Leadership Studio Diversity in Organizations

Business Environment

Basic Courses Macroeconomics and the Business Environment Business in Historical Perspective Approved Substitutes Money and Banking International Commercial Policy International Financial Policy Managing the Firm in the Global Economy The Wealth of Nations

Basic Courses The Firm and the Non-Market Environment Business, Politics, and Ethics Designing a Good Life   Approved Substitutes Perspectives on Capitalism Impact Investing Social Enterprise and Innovation The Ethics of Business The Legal Infrastructure of Business

Electives: 10 Courses

Electives give you the chance to delve further into specific areas of interest. You’ll have maximum flexibility in choosing your 10 electives: focus them in specific disciplines and work toward concentrations in those areas, or choose broadly across the Booth curriculum and even the university, including the University of Chicago Law School and Harris School of Public Policy. You can take up to six courses outside Booth.

Lab Courses

Algorithmic Marketing Lab Application Development Art + Business Lab Corporate Social Responsibility (CSR) Social Impact Practicum Digital Marketing Lab Entrepreneurial Discovery Hacking for Defense Healthcare Analytics Lab Interpersonal Dynamics Lab in Developing New Products and Services Lab to Launch Leadership Effectiveness and Development (LEAD) Lab Leadership Lab Leadership Practicum Leadership Studio New Social Ventures Private Equity/Venture Capital Lab Real Estate Lab: Real Estate Challenge Reputation, Regulation and Communications – How Media Influences Business - Lab Social Impact Lab Special Topics in Entrepreneurship: Developing a New Venture (New Venture Challenge) Strategy Simulation: Creating Value in Complex and Ambiguous Settings

Other Elective Courses

Accounting and Financial Analysis Accounting for Entrepreneurship:  From Start-Up through IPO Accounting, Economic, and Regulatory Issues in Complex Deals Advanced Decision Models with Python Advanced Financial Analysis and Valuation for Global Firms Advanced Investments Advanced Models of Option Pricing and Credit Risk Advanced Negotiations Application Development II Artificial Intelligence Arts Leadership: Exemplary is Not Enough Behavioral and Institutional Finance Behavioral Finance Big Data Big Problems Blockchain, Cryptocurrencies, and Web3 Brand Management in a Digital Age Building the New Venture Business in Historical Perspective Cases in Financial Risk Management Chinese Economy and Financial Markets Commercializing Innovation: Tools to Research and Analyze Private Enterprises Consumer Behavior Consumer Finance Corporate Governance Crony Capitalism Culture (and Why it Matters) Data Analysis with Python and SQL Data Analysis with R and Python Data Science for Marketing Decision Making Data-Driven Marketing Deal Structuring and Financial Reporting Implications Debt, Distress, and Restructuring Decoding FinTech Designing a Good Life Digital and Algorithmic Marketing Digital Marketing  Diversity in Organizations Effective Management of Groups and Teams Emerging Markets Finance and Entrepreneurship Employment Law for Entrepreneurs and Managers Entrepreneurial Finance and Private Equity Entrepreneurial Selling Entrepreneurship in Healthcare and Life Sciences Entrepreneurship through Acquisition Ethics of Business Experimental Marketing Financial Econometrics Financial Instruments Financial Markets and Institutions Financial Statement Analysis The FinTech Revolution Fixed Income Asset Pricing Futures, Forwards, Options & Swaps: Theory and Practice Game Theory Global Health and Social Policy Health Economics Healthcare Business Analytics Impact Investing Industry Analysis Innovation Leadership Institutional Private Capital Investing International Commercial Policy International Corporate Finance International Financial Policy Leadership Capital Leadership in the Emerging Ecosystem Economy Leading and Managing Teams The Legal Infrastructure of Business Life Sciences: Innovation and Finance Machine Learning Management, Unions and Collective Bargaining Managing Service Operations Managing the Firm in the Global Economy Marketing Strategy (with Sustainability Simulation) Merger & Acquisition Strategy Money and Banking Navigating the ESG Landscape: Information, Sustainability Reporting, and Analysis New Products and Services New Venture Strategy New Venture Tech Outperform & Outlast: Operating and Investing in Closely Held Businesses Perspectives on Capitalism Persuasion II: Influence Through Narrative Persuasion: Effective Business Communication Pivot for Success – Hone the Vision, Shift the Strategy, Make the Right Moves in Today’s Marketplace Platform Competition The Political Economy of Climate Change Portfolio Management Pricing Strategies Private Equity Transactions Project Management Quantitative Portfolio Management Real Estate and Equity: Leveling the Playing Field Real Estate Investments I Real Estate Investments II Reputation, Regulation and Communications – How Media Influences Business Revenue Management Social Entrepreneurship and Innovation Social Sector Strategy and Structure Statistical Insight into Marketing, Consulting, and Entrepreneurship Storytelling and Narratives in Business Strategies and Processes of Negotiation The Study of Behavioral Economics Supply Chain Strategy and Practice Taxes and Business Strategy Technology Strategy The Wealth of Nations Winning Writing Women as Entrepreneurs, Venture Capitalists, Private Equity Executives, Investors and Board Members

Browse MBA Courses at Booth

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Stories from the booth community.

Achieving a healthy work-life balance can be difficult. Here’s how some in the Booth community are doing it.

Insights on Mentorship and Mentality

Microsoft’s Mary Olges, ’00, talks work-life balance, telling a story with data, and her all-in mentality.

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At Booth, EMBA student Leslie DeMoss found the support she needed to juggle coursework with family—and to make a successful career pivot into a new industry.

• Executive MBA - Career Impact

Leadership Lessons from Sailing

Sailing provides Elise Sivilay, ’12 (EXP-17), with lessons about leadership, delegation, and mental focus.

Harvard Business School (HBS) offers a two-year, full-time MBA program with a general management curriculum focused on real-world practice.

Becoming a student at HBS means joining a global community that propels lifelong learning alongside students, faculty, and staff who will both challenge you and cheer you on as you find and accelerate your path.

In each MBA class, we create a dynamic environment that mirrors the breadth and depth of our world economy. Learn more about joining our inspiring and collaborative community.

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Have you ever wondered what it was like to experience Harvard Business School’s Case Method teaching style? Watch the case method brought to life by Professor Tsedal Neeley and a section of current students.

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Forget the status quo. Push aside doubt. Blaze a new trail to change the world, one small step at a time. How five alumni are fulfilling Harvard Business School's mission of making a difference in the world.

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More than 50% of our graduates create ventures in a quest to change the world.

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At HBS, you’ll learn as much from your classmates as you do from our world-class instructors—and they from you! Each class is an assembly of unique individuals who bring their diverse experiences to case discussions.

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Curriculum in the MBA Program

Ready to change your trajectory and the world around you? The Stanford MBA Program will help you develop and hone your skills to make a positive difference in the world.

In two years, you’ll immerse yourself in a curriculum that is theoretical and practical. Foundational and cutting edge. Rigorous and demanding. We challenge you both inside and outside the classroom, so you’re ready to lead wherever you go.

Let the Learning Begin

What you learn, how you learn, and who you learn from makes all the difference. We build your knowledge throughout your education with real-life scenarios.

Our comprehensive, experiential curriculum is designed to shape the next generation of leaders, entrepreneurs, industry disruptors, and change makers.

Transform in Two Years

Our MBA program is the launching pad to a more impactful and meaningful career. Gain a strong foundation in your first year, and then forge your own path.  

Your first year in the Stanford MBA Program is invaluable. This is where you establish your foundation, begin to develop your managerial skills and style, and broaden your global perspective.

Coursework mainly consists of core and distribution requirements. You’ll gain insights from world-class researchers and senior leaders and a deeper understanding of effective business management.

Students must complete a global experience requirement . This is an opportunity to engage in global issues and expand your mindset.

Year two is about pursuing your path. Coursework entirely consists of electives. You’ll strengthen your areas of expertise, explore new subjects, and round out your general management education.

You can tailor your experience through an abundance of electives, seminars, a joint or dual degree , and courses at other Stanford schools .

Explore  Action Learning Program courses — where you’ll work through real-world challenges across industries and acquire hands-on knowledge.

World-Class Centers

Take advantage of the resources, courses, and activities offered in our world-class Center for Social Innovation and Center for Entrepreneurial Studies.

Support to Stay On Track

At Stanford, you’re supported. Our specialized network of advisers, fellows, and coaches will understand the decisions you face and how to navigate them. We’ll help you craft your study plan and career goals while you hone your professional and interpersonal skills.

Every effort is made to ensure that the degree requirement and course information, applicable policies, and other materials provided by Stanford GSB are accurate and current. Stanford University reserves the right to make changes at any time without prior notice.

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