Full-Time MBA
The full-time MBA program is designed for students with undergraduate degrees in a wide variety of fields, including the social and natural sciences, the humanities, and professional fields such as engineering, business, agriculture, and architecture. In addition, most students in this program should have two or more years of work experience beyond their undergraduate degree(s). The MBA is a 48 credit hour program with students beginning in August of each year and graduating in December of the following year. During the summer between the second and third semesters, students must complete an internship with a company/organization using skills acquired during the first year of the MBA program.
The MBA program consists of a common first-year core (30 hours), a global requirement (3 hours), a capstone requirement (3 hours), and a selection of concentration and elective courses (12 hours). The first-year core develops a general management foundation upon which specialization is developed in the concentration and elective courses.
The objective of the MBA program is to develop leaders who are prepared to enhance the success of their global organizations. Concentrations are offered in a variety of areas, including finance, logistics, marketing, operations management, and entrepreneurship and innovation (E&I).
The global component of the MBA program consists of 3 credit hours. All MBA students are required to participate in a 3-credit hour international seminar, BUAD 591 . Students who are granted a waiver for BUAD 591 take an additional 3-credit hour elective to satisfy the program’s overall credit requirements of 48 hours. The international experience consists of coursework and a trip to areas such as Latin America, Asia or Europe. The academic purpose of the global component of the curriculum is to familiarize students with the complexities of doing business internationally through experiential learning.
During the fall semester of the second year, MBA students complete a required 3-credit hour capstone course. This course applies business strategies in the global context.
Admission
Applications are accepted for fall semester only. The application deadline for fall semester is February 1. Applications by United States citizens and permanent residents received after February 1 will be considered as space allows.
To be considered for admission, the applicant’s file must be complete. A completed file includes the online application submitted to the Graduate Admissions Office, transcripts of prior college work, an MBA program application, two completed applicant recommendation forms, and the Graduate Management Admission Test (GMAT) score report. Additional information, including the TOEFL score (Test of English as a Foreign Language), may be required by the Office of Graduate Admissions for international candidates.
For admission to the MBA program, consideration is given to (1) applicant’s academic record with particular attention to the last two years of undergraduate work and previous graduate studies; (2) quality of work experience and other activities that demonstrate potential for leadership; (3) scores on the GMAT and the Test of English as a Foreign Language (TOEFL) for those whose native language is not English; and (4) recommendations from professors and/or work supervisors. The admission decision is based on all factors that make up the total application; therefore, there is no automatic cut-off for either grade point averages or GMAT scores. However, admission preference is given to applicants with full-time work experience after obtaining the undergraduate degree.
As a general policy, all applicants to the full-time MBA program are required to submit a valid (no older than five years) GMAT score as part of the application process. However, applicants who have at least 10 years of full-time professional work experience and an undergraduate GPA of 3.0 or higher may request in writing an exemption from this requirement. The MBA admissions committee reserves the right to request that the applicant take the GMAT if more information about academic potential (including writing, analytical thinking, and quantitative abilities) is needed after the admissions file is reviewed.
Prerequisites
There are no specific course prerequisites for admission; however, we recommend that non-business undergraduates take an introductory course in accounting, finance, and statistics prior to entry. Undergraduate courses and work experience should demonstrate ability with both qualitative and quantitative work.
Requirements
MBA Core
The MBA core (30 hours) consists of courses that introduce students to the foundations of business. The topics introduced within these courses follow three major themes. The first theme covers what every manager needs to know and includes such functional topics as finance, economics, strategy, decision tools, global business, environmental analysis, and leadership skills development. The second theme focuses on functions involved in the flows of products, information, and finances within a globally integrated value chain and includes, but is not limited to, operations management, logistics management, demand management, customer relationship management, supplier management, and resource management. The third theme involves integrating the content of the other two themes using communication skills, applied learning techniques and information technology. Throughout all three themes, significant emphasis is placed on learning the topics in an integrated fashion. Students will understand how various business functions are integrated within an organization, as well as how integration should occur across organizations within the context of a value chain.
Students in the first-year core undertake active learning within a team-based environment. Many core requirements are experiential exercises in which self-discovery within a team setting is an important element of the learning process. Individualized support is provided for developing both written and oral communication skills.
For a complete list of courses that make up the MBA core, please visit http://mba.utk.edu.
Concentration and Electives
A concentration area may be indicated on the MBA Program Application or this declaration may be deferred until after matriculation. In any event, selection should be made after the first semester and must be made after completion of the first year. Requests for changes in concentration areas must be submitted for approval to the MBA Program Office.
Among the 15 hours in the concentration/electives block, students may choose an MBA concentration. For the specific courses required in concentration areas, see the appropriate department: Business Analytics concentration, Business Administration Major, MBA ; Entrepreneurship and Innovation Concentration, Business Administration Major, MBA ; Finance Concentration, Business Administration Major, MBA ; Marketing Concentration, Business Administration Major, MBA ; Operations Management Concentration, Business Administration Major, MBA ; and Supply Chain Management Concentration, Business Administration Major, MBA .
Elective courses may be chosen from any 500-level courses in the College of Business Administration. Courses outside the college, as well as courses listed in The Graduate Catalog numbered below 500, may be included as an elective only with written prior permission via formal petition to the MBA Program Office.
Transfer Credits
Graduate-level courses taken at other institutions accredited by the Association to Advance Collegiate Schools of Business International that otherwise conform to university policy may be credited toward MBA degree requirements within the following limits.
The maximum number of hours that may be transferred to core, elective, and concentration areas is 6 semester hours. Transfer credit is considered after admission, upon formal petition to the Director of the MBA Program and must meet all requirements of the Graduate Council.
Other Requirements
The application for Admission to Candidacy must be approved by three MBA faculty members and the Director of the MBA program. It must be submitted to the Graduate School at least one full semester prior to the date the degree is conferred. (The Admission to Candidacy application for the MBA degree must be submitted in the spring semester for graduation in the following fall semester.)
To qualify for the degree, the student must achieve a B average (3.0) or above in MBA core courses required in his/her program, a B average or higher in courses comprising the concentration area, and a B average or higher in the overall program.
