Masters of Business Administration (M.B.A.)

Admission to the M.B.A. program is available to those students who have completed a four-year undergraduate degree and can demonstrate high promise of success in a graduate business degree program. The college has adopted qualitative admissions standards in which applicants are considered on the basis of their merits, with weight given to the quality of prior academic achievement, the Graduate Management Admissions Test (GMAT) scores, professional experience indicating increased levels of responsibility, a writing sample (statement of purpose) and other relevant information that the candidate may share with the admissions committee.

The typical admitted student in the M.B.A. program has at least a 2.7 undergraduate GPA and 450 on the GMAT. However, for admission to the M.B.A., GMAT scores and undergraduate GPA will not be the sole basis for admissions decisions.

The following documents are required for admission to the program:

  1. Official transcripts from each post-secondary institution attended.


     
  2. Official GMAT scores sent directly from the Graduate Management Admissions Council (GMAC) to the College of Graduate Studies. GMAT scores must be no more than five years old. 
    1. GMAT Waivers
      1. Who is eligible for consideration for a GMAT waiver? 
         
        • Neff COBI alumni or AACSB accredited school applicants who graduated from undergraduate or graduate school within the last three years with a competitive GPA (deemed competitive by Neff COBI Office of Graduate Programs and Neff COBI Dean). 
        • Non-Neff COBI, yet the University of Toledo, alumni applicants who graduated from undergraduate or graduate school within the last three years with a competitive GPA (deemed competitive by Neff COBI Office of Graduate Programs and Neff COBI Dean).
        • Applicants who have obtained a graduate level degree or higher.
        • Applicants who can demonstrate significant, relevant, and progressive work experience (deemed acceptable by Neff COBI Office of Graduate Programs and Neff COBI Dean).
        • For students applying to the dual degree programs:
          • J.D./M.B.A. - applicants who have successfully completed the LSAT within the last three years;
          • PharmD/M.B.A. - applicants who have successfully completed the PCAT;
          • M.D./M.B.A. - applicants who have successfully completed the MCAT;
          •  M.P.H./M.B.A. - applicants who have successfully completed the GRE;
          • Students whose program waived or no longer requires testing, GMAT will be waived.
      2. Inquirers must have completed the online application for enrollment in the term in which they are requesting the GMAT waiver.
         
      3. Applicants must provide an updated resume for consideration of a GMAT waiver.


         
      4. The GMAT waiver will be valid for the term of admission per the online application.
        • If the student does not enroll in the original term of admission, they may request that the Neff COBI Office of Graduate Programs re-evaluate their GMAT waiver request for the new term of admission.
      5. The above waiver criteria applies to the M.B.A. program. Each graduate program will determine GMAT waiver eligibility.
      6. How do you request a GMAT waiver? Request a GMAT waiver through the MBA application process.  In the Material Waivers section of the application, select GMAT and upload your resume. Once completed, email COBIGradPrograms@utoledo.edu.




         
  3. At least one letter of recommendation from an individual who knows the applicant in a professional capacity.
    1. Students interested in the pipeline program must submit  the following:
      1.  BBA/Master of Business and Administration Letter of Intent. This letter requires authorization from your undergraduate advisor that you are eligible to enroll in graduate courses and that you will continue to make progress toward your undergraduate degree,
      2. a completed MBA graduate admission application,
      3. at least 2 letter(s) of recommendation from faculty members.
      4. After successful completion of the application process, students will be considered for admission to the graduate program
  4. The statement of purpose is required on the application for admission.


     
  5. Applicants with below a 2.7 undergraduate cumulative GPA must submit a GMAT unless they meet one of the following criteria for a waiver:
    1. 3-5 years of relevant, significant, and progressive work experience as determined by the Associate Dean of the Neff College of Business and Innovation.
    2. Already has completed a graduate degree from a USA institution.
    3. Similar passing test is substituted, such as GRE, MCAT, PCAT, or LSAT.
    4. A Neff College of Business and Innovation Office of Graduate Programs admission committee determine eligibility for admission based on an admission interview on a case by case bases. 

In the case of students whose native language is not English, a score of 80 or above on the TOEFL IBT, PTE equal to 58 or above, Duolingo equal to 105 or above, or a 6.5 or above on the International English Language Testing System (IELTS) is mandatory.

Applications for admission are considered on a rolling basis. However, students are encouraged to submit their applications by the following dates:

Domestic students:

Fall Semesters August 1st
Spring Semesters November 15th
Summer Semesters April 15th

International students:

Fall Semesters May 1st
Spring Semesters October 1st
Summer Semesters March 1st

Final admissions decisions will be withheld until the application for admission is complete. No materials submitted to the University will be returned to the applicant.

COMMON BODY OF KNOWLEDGE

(18 hours maximum)

These courses represent the minimum background required of students prior to taking 6000-level courses in the M.B.A. program. Students admitted to the M.B.A. program can meet the requirements by taking the 5000-level courses. If a student can demonstrate that he/she has completed equivalent course work at the undergraduate level prior to admission to the M.B.A. program and has earned a grade of C (2.0) or better in the course(s), the corresponding 5000-level course may be waived. Once admitted to the M.B.A. program, students may not take an undergraduate course and apply that course towards credit for 5000-level requirements. 

ACCT 5000Financial And Managerial Accounting3
FINA 5210Economics For Business Decisions3
FINA 5310Managerial Finance3
MKTG 5410Marketing Systems3
OSCM 5510Business Statistics With Computer Applications3
OSCM 5520Analysis of Manufacturing and Service Systems3
Total Hours18

M.B.A. CORE

(24 hours)

These courses are required of all students. They are reflective of business techniques, methodology and processes, and are designed to be cross-functional and integrative.

BUAD 6100Accounting For Decision Making3
BUAD 6200Corporate Finance3
BUAD 6300Strategic Marketing And Analysis3
BUAD 6400Results-Based Management3
BUAD 6500International Business3
BUAD 6600Supply Chain Management3
BUAD 6800Information Technology And E-Business3
BUAD 6900Strategic Management Capstone3
Total Hours24

Students who complete three or more undergraduate level courses in a functional area at an AACSB-accredited business school are eligible and encouraged to replace the corresponding 6000-level business core course(s) with an M.B.A. 6000 level elective of their choice. These course substitutions may not meet major elective requirements. Students may select up to two majors and no more than one course will be allowed to count towards two majors in the M.B.A. program.

ELECTIVE COURSES

(Minimum 9 hours)

Each student may select up to two majors. An alternative is to select the administration major, which is designed for students who prefer to take a variety of electives in different areas. The substitution of any courses for a major requires the written approval of the appropriate Department Chair. No more than one independent study/research paper (three hours) may be taken in lieu of a course to fulfill a specialization requirement, and no more than one course will be allowed to count towards two majors in the M.B.A. program.

Early admission/bridge program - BBA / MBA

Undergraduate students accepted in the BBA-MBA option will be admitted to the MBA program and allowed to complete up to three graduate level classes (nine credit hours) during their final academic year of undergraduate studies. Students admitted into the pipeline program must apply for admission to the College of Graduate Studies for the semester that they intend to matriculate. They will then continue in the MBA program upon completion of the undergraduate degree requirements. The graduate coursework (up to nine hours) may be applied to completion of both undergraduate and MBA degree requirements. The following provisions apply for classes taken for graduate credit: 1) graduate classes taken at The University of Toledo only after the student is accepted in the program, 2) only BUAD 6100, BUAD 6300, BUAD 6400, BUAD 6500, BUAD 6800 may be included in the approved nine semester hours of graduate credit taken as an undergraduate. Students interested in the joint BBA / MBA program must submit 1) a letter of interest, 2) a completed graduate admission application.