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B.S. in Actuarial Science

Otterbein University Course Catalogs

2008-2009 Graduate Catalog 
    
    Apr 25, 2024  
2008-2009 Graduate Catalog [Archived Catalog]

Master of Business Administration


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Admission

Materials required for admission to the MBA Program must be submitted to the Office of Graduate Programs at the address listed below. All contents of the admission file become the legal property of the College and are not returnable or transferable.

Admission to the MBA Program is open to graduates of regionally accredited colleges or universities, who hold a four year degree, and have the intellectual, academic and personal ability to succeed in graduate studies. In order to ensure priority admission consideration, these materials should be submitted approximately four weeks prior to the start of the quarter. Please contact the Office of Graduate Programs at (614) 823-3210 for specific dates.

Admission Materials

  1. Official Transcripts for all previous college and/or university work. In order to be considered official, transcripts must be sent directly from the issuing institution to the Office of Graduate Programs. If hand-delivered, transcripts must be in an unopened envelope from the issuing institution.
  2. Official scores on the Graduate Management Admissions Test (GMAT). When requesting GMAT scores, please use the Otterbein College code, 77K-VL-62, or designate Otterbein College as a score report recipient.
  3. Two MBA recommendation forms. The recommender should be an employer, a professor or person familiar with your professional or academic career. Otterbein College reserves the right to contact persons providing recommendations and to contact a recommender to acknowledge receipt of a recommendation.
  4. Completed MBA application.
  5. Non-refundable application fee.

All admission materials including transcripts must be submitted to:

Office of Graduate Programs
Roush Hall, Room 208
Otterbein College
One Otterbein College
Westerville, OH 43081

Conditional Admission

Exceptions for applicants who do not meet all of the criteria for admission to the MBA Program may be granted conditional admission in cases that justify this action.

International/Non-Citizen Applicant Admission

Some, or all of the following information may be required in order to complete the application process. Once the Office of Graduate Programs has received an admission application, the applicant will be notified of what additional materials will be required.

The materials may include:

  1. Supplemental Application for Admission.
  2. Official TOEFL report if the applicant’s first language is not English or the applicant does not hold a degree from a U.S. college or university. A score of at least 550 on the paper-based test, a 213 on the computer-based test, or a 79 on the Internet-based test (iBT) is required. Departments may set minimum scores.
  3. Proof of financial support is required for applicants seeking a student visa. Please contact the Office of Graduate Programs for a complete description of documentation required to process an I-20.
  4. If academic credentials are from an institution outside of the United States, a World Education Services, Inc. (WES) course-by-course evaluation of all post-secondary credentials.
  5. Applicants who hold a visa, are a U.S. resident alien, or are a permanent resident (with a green card) must submit a copy of the visa/green card along with the Supplemental Application.

In order to process admission and immigration documents in a timely manner, international/noncitizen applicants are asked to submit all admission materials, including the WES evaluation and proof of financial support, no later than two months prior to the start of term.

All international/non-citizen applicants should contact the Office of Graduate Programs for additional information.

Non-Degree Applicant Admission

Eligible students, not already admitted to the MBA Program, who have earned a baccalaureate, may also enroll in up to three MBA courses for credit with special permission from the Director of the MBA Program.

Materials required for admission as a non-degree student must be submitted to the Office of Graduate Programs.

Admission Materials

  1. Completed MBA Application form and application fee.
  2. Official transcripts from all regionally accredited colleges where a degree was received. In order to be considered official, transcripts must be sent directly from the issuing institution to the Office of Graduate Programs. If hand-delivered, transcripts must be in an unopened envelope from the issuing institution.

Transient Applicant Admission

A student enrolled and in good standing in a graduate business program in another institution may enroll in specific graduate courses for transfer of credit.

In order to be admitted, transient students must submit:

  1. An MBA application and application fee.
  2. Official graduate transcript from current MBA program. In order to be considered official, the transcript must be sent directly from the issuing institution to the Office of Graduate Programs. If hand-delivered, the transcript must be in an unopened envelope from the issuing institution.
  3. Letter from the Dean, Director, or Department Chair documenting enrollment in an MBA program. The transient student must meet all of the registration requirements for the given course.

Transient students must complete all of the course requirements and examinations and pay the same fees and tuition as Otterbein College students. Transient students may enroll in up to 12 graduate credit hours over a maximum of three quarters on a space available basis.

Orientation

The MBA Program offers an orientation session every academic quarter. The orientation session provides an opportunity for new students to learn about the MBA Program academic expectations, networking, mentorship program and working with CardinalWeb for Students including on-line registration.

MBA Student Organization

The MBA Student Organization was formed to address the needs and goals of the MBA student body by including career development through networking, exploring new business or community opportunities and further enriching the MBA experience. Any MBA student and alumni without regard to race, sex, creed, handicap or national origin is eligible for membership in this organization. We invite all students to consider participation in this organization. For more information on the organization, please visit the MBA website or contact the MBA Program at 614-823-1095.

Distinguished Executive Lecture Series

The MBA Program hosts a Distinguished Executive Lecture Series. This event is an opportunity for students to discover the career paths of senior executives, their challenges and achievements. The event also exposes students to more-in depth discussion of current business topics. A reception follows each lecture, giving students a chance to meet and talk with the Distinguished Executive.
Students will be notified of these events via their Otterbein log ins.

Program Completion

Students must submit a Request for Degree Application to the Registrar’s Office two quarters prior to the completion of all graduate work. This form may be obtained at the Registrar’s Office or from the Registrar’s web page at www.otterbein.edu, under the intranet link. All financial obligations must be met before students may participate in graduation, receive their transcripts, or receive their diploma.

The following criteria must be fulfilled to complete the MBA Program:

  1. All requirements for the MBA degree have been met.
  2. A 3.0 graduate grade point average.
  3. Request for Degree Application is signed by the student, the Director of the MBA Program, and is returned to the Registrar’s Office.

MBA Program Curriculum


The MBA Program at Otterbein College is a generalist degree that provides a broad overview of all business functions (management, marketing, accounting, finance, economics and information technology systems). The curriculum is comprised of four major components, as outlined below.

Foundation Component


Students must be able to utilize certain skills and knowledge sets in order to complete an MBA program. Foundation courses are requirements which are judged necessary for the successful completion of a course. Students must complete all the foundation courses prior to taking MBA courses unless prior approval from the Director of the MBA Program is obtained. Students can satisfy a foundation course requirement by showing evidence of successful undergraduate course work, passing the CLEP exam if available, or scoring a “B” or better on a placement test (final) given at Otterbein College. Students must achieve a grade of “B” or better in their foundation component courses. Any student not achieving this minimum level of expertise may be required to retake the course. These foundation elements fall into the following four areas:

  • Technology: Students must be proficient in word-processing, spreadsheets, graphic presentation applications, and the Internet.
  • Mathematics and Statistics: Students must be proficient in statistics for business applications and the mathematics that drive modeling and decision-making.
  • Accounting: Students must understand basic accounting principles and applications.
  • Economics: Students must understand basic principles of micro- and macroeconomics.

Proficiency in the four areas will be determined by the Director of the MBA Program via successful completion of previous course work or, in the case of the technology element, professional application of tools and skills. You may qualify for admission to the MBA Program even if you do not meet all the requirements of the Foundation Component. Students meeting these minimum requirements may proceed directly to courses offered in the Core Component. Those students admitted to the program that do not meet the minimum requirements will be asked to take appropriate course work.

Requirements can be fulfilled by taking the following courses at Otterbein College:

  • Mathematics and Statistics: MATH 230 Statistics I
  • Accounting: ACCT 200 Financial Accounting
  • Economics: ECON 210 Principles of Microeconomics ECON 220 Principles of Macroeconomics

Core Component


As a generalist degree that is multidisciplinary in approach, the MBA requires core knowledge in a wide scope of areas and subjects. There are essential skills and knowledge sets that cross all areas of business and there are integrative courses that introduce the student to the major functional areas. Professional managers have internal and external responsibilities to the organization, the community, and the world at large. To this end, core courses also explore the history of the organization and its stakeholders within legal, social, and ethical frameworks.

Elective Component


Electives fall into two categories:

  1. Seminars that introduce the student to advanced concepts in specific functional areas.
  2. Courses that integrate concepts into areas of particular interest to the individual student. The diverse interests graduate students bring to their academic studies and to their workplace can be explored here.

Application Component


The graduate degree should provide a laboratory for the skills and knowledge acquired. This required course forms project teams to work on a strategic issue with a local firm.

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