Master of Business Administration
The MBA program at the Maine Business School is designed to provide students with the skills and understanding to achieve long-term success in the complex, rapidly changing, global economy.
Our program provides an education grounded in the fundamentals but one that also prepares our students for expanding management roles that require skills in communication, adapting to change, and of course leadership. The program emphasizes experiential, hands-on learning, teamwork, and critical thinking. The University of Maine MBA program produces graduates with practical business skills and a global perspective, but more importantly, produces business leaders who can think strategically and critically, adapt and foster change, inspire and lead, and create and convey a vision.
The Maine Business School is accredited by AACSB, the most significant accreditor of business schools. Thus you know that we provide quality programs taught by high quality faculty. We are extremely proud of our faculty, many of whom are well known nationally and internationally.
The program is available as a fully online/distance format, and well as on-campus in a blended format where the student takes half or more of their courses live and the rest online.
Our online MBA program is referred to as the “Essential MBA” because it is designed to provide students with superb leadership, management, and analytical skill sets with a background in finance, accounting, and global engagement for the competitive work environment. Please go the UMaine MBA website for more information at http://umaine.edu/business/degrees-and-programs/mba/graduate-programs/.
The core courses in our program consist of BUA 601 – Statistical Analysis and Modeling for Organizational Operations; BUA 605 – Creating and Capturing Value in the Digital Economy; BUA 609 – Financial Statement Analysis; BUA 620 – Law, Business, and Society; BUA 626 – Management of Contemporary Organizations; BUA 651 – Financial Management; and BUA 649 – Management Policy (the capstone course in the program). Students can take three elective courses, including an international field study (BUA 596) which goes to a different part of the world every year and an internship (recommended for students without work experience). By Fall 2016 all courses will be available online once per year.
The foundation for the program (prerequisites) consists of courses in accounting, economics, and statistics. Some applicants will already meet some or all of these requirements. For those who do not, the University of Maine offers accelerated online courses in accounting (BUA 400) and economics (ECO 410) for students without prior courses in these areas. Students may take a statistics course from the University of Maine or elsewhere (online is available). Once matriculated, we offer non-credit tutorials in finance, marketing, and management for those who need these.
Students may study full-time or part-time and matriculate for the Fall, Spring, or Summer semesters.
Financial Aid: Yes
# of Credits Required: 30
Average Cost per Credit (Graduate): 523
In State Tuition (per year): 418/credit hour USD
Out State Tuition (per year): 523/credit hour USD
Classification: Doctoral/Research University—Extensive
Locale: Small Suburb
Size & Settings: 10,000-19,999