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RAJIV GROVER, PhD BALAJI KRISHNAN, PhD BRENDA WILLIAMS, MBA RAMI LOTAY Dr. James M. Kierulff Anna Myers Mary Ann Dawson, MBA
GRADUATE ACADEMIC PROGRAMS
*Some concentrations may not admit students to the doctoral program every year. Interested applicants should contact department PhD coordinators before applying to the program. Individual program requirements described in The University of Memphis Graduate Catalog, 2013 - 2014, are subject to change. Please consult the college office for changes that may occur before publication of the next issue of this Catalog. Every graduate student must comply with the general requirements of the Graduate School (see Admissions Regulations, Academic Regulations, and Minimum Degree Requirements) and the program requirements of the degree being pursued (see departmental listings in this section). The Fogelman College of Business and Economics is one of the premier schools of business in the Mid-South and the only business school in West Tennessee that is fully accredited by the AACSB-International, the Association to Advance Collegiate Schools of Business. AACSB-International accreditation represents the highest standard of achievement for business schools worldwide. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review. The Fogelman College is also home to the Robert Wang Center for International Business, one of only 30 Centers for International Business and Education Research (CIBER), as designated by the US Department of Education. Other significant initiatives and centers that promote business research and outreach to the business community include the Bureau of Business and Economic Research, the Center for Supply Chain Management and the Center for Managing Emerging Technology at the FedEx Technology Institute, and the Institute for the Study of Securities Markets. In addition, ten Chairs of Excellence and two Distinguished Professors are on the faculty in the School of Accountancy and the Departments of Economics; Finance, Insurance, and Real Estate; Management Information Systems; Management; and Marketing and Supply Chain Management. The mission of the Fogelman College is to offer business education to a diverse student population by teaching a rigorous and relevant business curriculum, supported and strengthened by research and community outreach. Graduate degree programs serve the workforce needs of the Mid-South region and beyond. Specifically, through the MBA program as well as the Executive MBA, International MBA, and other masters programs, the College prepares students for leadership roles in the technology-driven and globally competitive marketplace. The College offers a PhD program in business administration in selected areas to prepare students for teaching, research, or professional careers while serving as a research catalyst to stimulate faculty scholarly endeavors. MASTERS DEGREE PROGRAMS The Fogelman College of Business and Economics offers four MBA programs, the Master of Science with a major in Business Administration and three concentrations, the Master of Science in Accounting, and a Master of Arts in Economics. The Professional MBA program is designed for full-time professionals who are interested in taking part-time classes to accommodate their busy schedules (although students may enroll on a full-time basis). Classes are offered during the day and in the evening. At least one year of full-time work experience is highly recommended prior to admission. Students typically choose one of the approved concentrations listed below to acquire additional professional expertise. However, students may choose a 33-credit-hour, no-concentration option if desired.
The Customer-Driven MBA program is a full-time, fixed track, 21-month program designed for students interested
in working for specific area companies in a specific industry. Students enroll on
a full-time basis and take classes during the day and evening. Students enroll in
an approved MBA concentration; company-sponsored assistantships and internships/independent
studies are required. The program is 45 credit hours in length. The International MBA is a fixed-track, two-year program designed for the full-time student interested in international business. Internship and study-abroad components are emphasized in the program. The Master of Science with a major in Business Administration has concentrations in Finance; Management Information Systems; Real Estate; and Hospitality and Resort Management. This MS degree offers students distinct specialization in their chosen concentration area. The Master of Science in Accounting provides students wishing to specialize in accounting the opportunity to concentrate in one of three areas: general accounting, accounting systems, and taxation. The Master of Arts in Economics provides advanced training in economics for students who are interested in continuing their graduate education with the PhD in Economics or who are interested in a career as an economic analyst in the private sector or in government organizations. I. MASTER OF BUSINESS ADMINISTRATION An MBA is designed for those students who are interested in managerial careers -- for those with leadership aspirations and abilities. Specific program objectives include:
A. Program Admission
A separate application and additional information materials must be submitted for admission to the Executive concentration (www.memphis.edu/executivemba/) , the International MBA (www.memphis.edu/internationalmba/), or the CD-MBA concentration (www.memphis.edu/cdmba/). Business experience requirements include one year work experience for the MBA and at least five years professional or managerial experience for the Executive concentration. Arrangements for taking the GMAT can be made by using www.mba.com/mba. Arrangements for taking the GRE can made by writing to the Educational Testing Service, P.O. Box 6000, Princeton, New Jersey 08541-6000, by calling 1-866-473-4373, or by using www.ets.org. Registration packets for the GRE may be obtained from the Testing Center on campus
in John W. Brister (JWB) Hall room 112. Qualified applicants may enter the MBA or the MBA with Law concentration in either the Fall or Spring semesters, while admission to the International MBA, the MBA with Executive concentration, and the CD-MBA is for Fall only. MBA Preparatory Knowledge Students entering the MBA programs are expected to be fluent in the language of business; students are expected to have a working understanding of key concepts in economics, finance, and accounting. In addition, students are expected to have a working proficiency in statistics. If students have deficiencies in the basic concepts and skills of business, they may be counseled (by the MBA Program Director and/or the MBA program staff) to take preparatory courses and/or secure self-paced review materials. There are no prerequisite courses to the MBA programs. B. MBA Program Requirements Each candidate for an MBA degree must complete a minimum of 33 semester hours of course work that include 30 hours of Core Knowledge and Skills. Students who desire a concentration are required to take an additional 15 hours of coursework beyond the 30 hour Core as per the specifications of each concentration. Students who do not desire an MBA concentration are required to take a 3 hour elective (approved by the MBA Program Director) beyond the 30 hour Core. Core Knowledge and Skills: MIS 7650 Information Systems in the Global Enterprise (3 hours) NOTE: Only degree-seeking students will be allowed to enroll in Core Knowledge and Skills courses. Business Administration (No Concentration) Additional course requirements include one elective course in the Fogelman College of Business and Economics. Approval of elective courses must be obtained from the Director of MBA Programs. Executive MBA Concentration: Program Requirements The MBA with Executive Concentration is a 41 credit-hour program that can be completed in 17 months. All students generally progress together through the program with some flexibility built in to allow specialization based on the background and needs of executive cohorts. Courses are offered in a variety of formats, including in-class sessions, technology-enhanced instruction, hybrid format, weekend classes, intensive domestic residencies, innovation projects and an international study residency. Learning materials and content are specially designed for corporate executives in all formats. Classes meet on weekends during the Fall and Spring semesters. The international business residency will generally be in the summer after the first Spring semester of the program. The Executive MBA curriculum is as follows: Core Knowledge and Skills (30 hours) MIS 7650 Information Systems in the Global Enterprise (3 hours) Executive Concentration Courses (11 hours) BA 7950 Practicum in International Business (3 hours) The program website www.memphis.edu/executivemba provides additional information regarding course schedule, etc. Biomedical Management CD-MBA/Professional MBA Concentration: Program Requirements The Biomedical Management MBA concentration consists of 45 credit-hours. Classes are offered during the day and the evening. A 3-credit-hour internship with a sponsoring company may be required. The Biomedical Management MBA curriculum is as follows: Core Knowledge and Skills (30 hours) MIS 7650 Information Systems in the Global Enterprise (3 hours) Biomedical Management Concentration Courses (12 hours) ECON 7715 Global Healthcare Economics Specific courses may change periodically as market needs, technology, and applied
business knowledge changes. Services Marketing CD-MBA/Professional MBA Concentration: Program Requirements Core Knowledge and Skills (30 hours) MIS 7650 Information Systems in the Global Enterprise (3 hours) Services Marketing Concentration Courses (12 hours) MIS 7650 Information Systems in the Global Enterprise (3 hours) Entrepreneurship Concentration Courses (12 hours) Core Knowledge and Skills (30 hours) MIS 7650 Information Systems in the Global Enterprise (3 hours) Professional Concentration Courses (15 hours) Elective courses taken upon advice of the program director and faculty advisors. MBA with Concentration in Law (MBA/JD) Core Knowledge and Skills courses are identical to the MBA program. Electives for this concentration are offered through the Cecil B. Humphreys School of Law and must be approved by the Director of MBA Programs in the Fogelman College. For JD/MBA students, the director of the MBA program will have the discretion to approve course substitutions of up to 9 credits from the following list of courses offered by the law school:
To facilitate customization, students are encouraged to consult with the director of the MBA program to add to this list in order to complement their desired course plan. II. INTERNATIONAL MASTER OF BUSINESS ADMINISTRATION The International MBA is designed to assist students in meeting their goal of acquiring
knowledge of international business, even if they do not have a traditional business
background or a second language. The International MBA is open to graduates of business,
foreign language, or liberal arts programs. It is a full-time, lock-step program
(including one summer), with a minimum of 51 credit hours of required coursework. A. Program Admission: Applicants must have:
All applicants to the International MBA program must also submit a current resume, personal statement, three letters of recommendation, and an IMBA Applicant Profile form. Students must also pay the $500 seat fee (which is subsequently applied to their first annual program fee). Qualified applicants enter the program during the Fall Semester only. The program website is www.memphis.edu/internationalmba. B. Program Requirements:
III. MASTER OF SCIENCE Program objectives are: (1) an understanding of the general context of business in society and a foundation knowledge of the essential business functions; (2) acquisition of an advanced level of knowledge of a specialized business discipline; (3) ability to make significant professional contributions within a functional area of business; and (4) ability to compete effectively for professional positions in the private or public sectors. A. Program Admission Applicants to all MS programs in the Fogelman College must have the following:
Qualified candidates may enter these programs at the beginning of any semester. The Graduate Non-Degree classification allows individuals who have not yet decided to pursue a graduate degree or who have professional development needs to enroll in MS courses (a maximum of 9 credit hours). To remain enrolled as a Graduate Non-Degree student, individuals must maintain a minimum GPA of 3.0. Students should note that the 9-hour maximum is more stringent than the University Graduate School policy. MS in Accounting Prerequisite courses and program requirements for this degree are described in the School of Accountancy section of this bulletin. MS in Business Administration Prerequisites for the Master of Science in Business Administration differ by concentration area. Description of these prerequisites is listed in the departmental description for each concentration. All Master of Science in Business Administration students must complete the following two core courses: MIS 7640—Information Systems Management and Planning Total core: 6 hours The MSBA-HPRM students must complete the following two core courses: MIS 7650 - Information in the Global Enterprise - 3 hours Total core: 6 hours The remaining hours beyond the MSBA core are taken in the concentration area as specified in the appropriate departmental listing in this bulletin. Students in this program should consult the departmental master’s advisor for details concerning the concentration. IV. MASTER OF ARTS IN ECONOMICS The Department of Economics offers a graduate program leading to the Master of Arts degree. For program admissions, prerequisites, and degree requirements see the departmental listing in this section. PhD IN BUSINESS ADMINISTRATION The mission of the PhD program in Business Administration is to prepare students primarily for academic careers in research-oriented institutions of higher education and secondarily for research careers in organizations. Program objectives are: (1) an acquisition of an advanced level of knowledge in one or more functional areas of business or in applied economics and an expert level of knowledge in one or more subfields of a business function or economics; (2) ability to conduct significant, independent research that extends the knowledge base in a business function or economics; (3) capacity to teach effectively within the business or economics discipline; (4) capacity to communicate advanced-level knowledge to others in the academic and professional community; and (5) ability to compete effectively for faculty positions in respected colleges and universities or other high-level professional positions. Students with master’s or professional degrees in business administration, public administration, economics, law, engineering, mathematics, computer science, psychology, sociology, and the physical sciences will find this background provides important preparation for entering the PhD program. The University has the academic resources to provide the doctoral applicant with a balanced education that provides both the qualitative and quantitative skills required of the modern business education professional. The PhD student at the Fogelman College must select a concentration from one of six departments: accounting, economics, finance, management, management information systems, and marketing. Visit this website for more information: www.memphis.edu/fcbephd/index.php A. Program Admission and Prerequisites Individuals meeting the general requirements for admission to the Graduate School for doctoral-level programs shall be eligible to apply for admission to the PhD in Business Administration program. Applicants must indicate their area of concentration when filing their initial application. Admission to the PhD program may be granted to qualifying applicants who show high promise of success in doctoral business study. The principal criterion for admission is evidence of superior achievement in prior academic work, coupled with outstanding promise for future contributions as a business scholar. The concentration department and the Associate Dean of Academic Programs will review and evaluate each applicant. Some concentrations may not admit students to the doctoral program every year. Interested applicants should contact the departmental PhD coordinators before applying to the program. Criteria used for admission consideration is competitive based on the applicant's:
Prerequisites in the functional areas of business are determined by the department. A typical applicant has completed a master's degree in business, economics, or other relevant discipline. Following admission, a student will be assigned to a department program committee composed of faculty members from the student’s department of concentration. The program committee is responsible for planning and approving the program requirements, and for guiding and monitoring the progress of the student through the program. B. Program Requirements A minimum of 72 hours beyond the bachelor's degree is required. A minimum of 39 hours of the curriculum below must be completed at the University of Memphis after admission to the program. Most concentrations require more than 39 hours. Residency: Students enrolled in the doctoral program must also meet the university residency requirements as defined in the Minimum Degree Requirements section of this catalog. C. Course Requirements Research Core (at least 12 semester hours): Includes courses designed to develop and improve research skills. Students may be required to acquire competence using research tools and techniques beyond and above what is required with the research core. Courses in the Research Core must be approved by the student’s departmental PhD coordinator. Concentration (at least 30 semester hours): A minimum of 12 hours of 7/8000 level courses is required in the student's chosen concentration. Possible concentrations are Accountancy, Economics, Finance, Management, Management Information Systems, or Marketing. Additional supporting coursework may be selected from these concentrations or from approved areas outside the college. Courses graded an S or U may not be used to satisfy the minimum hours required for Research Core or Concentration. Dissertation (18 semester hours): Major research of an original and creative nature is required and must meet the requirements of the Graduate School. The dissertation is the research capstone of the PhD program and must be a significant contribution to the study of Business Administration. The student will register for dissertation credit hours every semester after passing the comprehensive examinations. Students planning to graduate in the summer must be registered for dissertation credit. The student must show satisfactory progress over a 2-year period of time. Unsatisfactory progress towards dissertation completion will be grounds for dismissal from the program. After the dissertation committee approves the dissertation proposal, the candidate will be given a final oral examination primarily dealing with the dissertation. The dissertation committee will conduct this examination and all members must be present at the examination. If the student’s performance on this examination is satisfactory as judged by the committee, all requirements for the degree will be complete. In the Fogelman College, no credit earned more than 10 years prior to the student’s date of completion of the doctoral degree will be applied toward satisfying requirements of the doctoral degree. Students should note that the 10-year time limit is more stringent than the University Graduate School policy. NOTE: Students should familiarize themselves with the Thesis/Dissertation Preparation Guide before starting to write. D. Comprehensive Examinations Each student will have comprehensive examinations in the concentration. Comprehensive examinations in the concentration should be taken as soon as all of the course work required for the PhD degree has been successfully completed. Exceptions can be made at the discretion of the Associate Dean for Academic Programs. After satisfactorily completing the written comprehensive examinations, each student must pass an oral examination integrating all work. The student's program committee will organize and administer the oral examination. Some concentrations require qualifying examinations covering specific courses or content, typically given after the first or second year of coursework, which must be successfully completed prior to sitting for the comprehensive exam. Passing of the qualifying exam can allow students in the Economics concentration to apply some course work towards the MA degree before continuing with the doctoral degree requirements. Failure to pass the qualifying exam after two attempts will result in termination from the program. EXPENSES Credit Hour Surcharge A surcharge of $30 per credit hour for graduate students has been approved by the Tennessee Board of Regents. The purpose of the surcharge on these business courses is to facilitate the continuous improvement of the college and compliance with the standards of the Association to Advance Collegiate Schools of Business International (AACSB International). Financial Assistance A number of doctoral and master's graduate assistantships are available to full-time students. Doctoral assistantships may be available to those students with strong GMAT or GRE scores. Graduate assistants provide part-time assistance to the concentration in teaching and/or research. Current compensation for doctoral students can range from $9,000 to $15,000 per academic year, for master's students a minimum of $6,000 per academic year, in addition to a full tuition waiver. The Fogelman College also has a limited number of doctoral fellowships available. BUSINESS ADMINISTRATION (BA)The courses listed below are designated with "BA" numbers in order that they may be available to advanced graduate students with a major in the Fogelman College of Business and Economics. They may be accepted toward the completion of the degree requirements. NOTE: Students taking Business courses will be charged an additional $30 per credit hour. In addition to the courses below, the department may offer the following Special Topics
courses:
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