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B.S. in Actuarial Science

Otterbein University Course Catalogs

2010-2011 Graduate Catalog 
    
    Apr 30, 2024  
2010-2011 Graduate Catalog [Archived Catalog]

Master of Business Administration


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MBA Mission

The MBA Program at Otterbein University is a multidisciplinary, ethics-supported, technology enhanced program with a global focus that furthers the mission of a liberal arts education while providing the skills for lifelong learning necessary to provide value to the individual, the workplace, and society.

Admission

Materials required for admission to the MBA Program must be submitted to the Graduate School at the address listed below. All contents of the admission file become the legal property of the University 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 Graduate School 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 Graduate School. 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 University code, 77K-VL-62, or designate Otterbein University 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 University reserves the right to contact persons providing recommendations and to contact a recommender to acknowledge receipt of a recommendation.
  4. Completed MBA application.
  5. Personal statement (tell us about yourself and why you wish to earn an MBA at Otterbein.)
  6. Current resume (include distinctions, awards, and computer package knowledge.)

All admission materials including transcripts must be submitted to:

The Graduate School
Roush Hall, Room 208
Otterbein University
1 South Grove Street
Westerville, OH 43081

International/Non-Citizen Applicant Admission

Some, or all of the following information may be required in order to complete the application process. Once the Graduate School 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 Graduate School 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 Graduate School 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 Graduate School.

Admission Materials

  1. Completed MBA Application form.
  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 form.
  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 Graduate School. 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 University students. Transient students may enroll in up to 12 graduate credit hours over a maximum of three quarters on a space available basis.

Academic Advising

Upon admission to the MBA program, the student will be assigned an advisor. Students are encouraged to seek advice from faculty in the department and based on their professional goals and interests, students can request another advisor.

Orientation

The MBA Program offers an online orientation session that is available 24 hours at the student’s convenience. The orientation session provides an opportunity for new students to learn about the MBA Program academic expectations, networking, mentorship program and working with My O-Zone, including on-line registration. Additional questions can be directed to the Graduate School at 614-823-3210.

Advisory Board

Since early in its inception in 1997, the MBA Program has been working with local, national and international senior executives on curriculum, mentorship, networking opportunities for students, marketing and resource development issues. The idea is to seek executive input to ensure that our “product” remains market-driven and our program is reviewed as a market leader. The executives’ “real-world” perspectives are critical for the success of our students.

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, 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 the O-Zone and Otterbein campus E-Mail.

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 University 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; foundation, core, elective, and application 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. Students can satisfy a foundation course requirement by showing evidence of successful undergraduate course work. 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: Proficiency in word-processing, spreadsheets, graphic presentation applications, and the Internet.
  • Mathematics and Statistics: Proficiency in statistics for business applications and the mathematics that drive modeling and decision-making.
  • Accounting: Understand basic accounting principles and applications.
  • Economics: 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 required to take the appropriate course work.

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

  • Mathematics and Statistics: MATH 230 Statistics I
  • Accounting: ACCT 200 Financial Accounting
  • Economics: ECON 210 Principles of Microeconomics ECON 220 Principles of Macroeconomics
  • Business Essentials: BADM 510 This survey course is designed for non-business majors who will be applying for the 4+1 program. Prerequisite: Non-business major; junior or senior standing, or permission of instructor.

 

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 - (required - offered Fall or Spring terms)


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 company or organization. The Fall term will be a non-profit organization and Spring term will be a for-profit company.

Academic Standing Policy


Academic standing policies apply to all degree, non-degree, and workshop participants. For graduate level courses, please refer to the section on Academic Policies in this catalog. For undergraduate level courses, please refer to the Academic Standing Policies in the Undergraduate Course Catalog.

Grade Policy

If a grade lower than a C is earned the course must be repeated and a grade of C or higher must be earned in order to satisfactorily complete the course. A cumulative grade point average of 3.0 or higher is required in order to remain in good standing and to graduate. Please refer to the section on Academic Standing Policy in the Academic Policies section of this catalog.

Residence Requirement

To meet the residence requirement for a Master of Business Administration, a student must complete a minimum of 36 quarter hours of graduate course work at Otterbein University.

Time Limit for Program Completion

The time limit for course work to be applied to the degree is five years. The time limit is computed from the date credit is recorded on the University transcript until the degree requirements are completed. Extension of time requested for adequate and unusual cause beyond the control of the student may be submitted to the Director of the MBA Program.

Interruption in Attendance

After admission to a graduate program, continuous progress toward completion of the degree is expected. Students not enrolled for one year must submit an updated admission application to the Office of Graduate Programs. Official college transcripts must be submitted if additional college or university courses were taken during the time of absence. Additional documents may need to be resubmitted depending on the length of the absence. Please contact the Office of Graduate Programs to verify required materials. Students should be aware that new program requirements may be in effect and are encouraged to contact the program director prior to reenrollment. Students should also be aware that there is a time limit for program completion. Please see the section on Time Limit for Program Completion.

Transfer Credit

A maximum of 12 quarter hours of graduate work with a grade of B or higher may be transferred from an accredited graduate program upon approval of the MBA Director. The course(s) must be from an MBA Program or a program closely related to business (e.g., Accounting, Economics, Information Technology).

In addition:

  • Evaluation of transfer credit is to be made at the time of admission.
  • If a student decides to transfer courses from another MBA program while completing the degree at Otterbein, prior approval from the MBA Director must be obtained for transfer credit to be awarded.
  • The content of the course must satisfy a requirement or be a suitable elective in Otterbein’s MBA program.
  • Credit will not be recorded until an official transcript has been received from the offering institution.
  • Grades associated with the course do not transfer and have no effect on the Otterbein University GPA. 

 

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