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Business Administration–Traditional MBA

Course Description

See the department website - http://saunders.rit.edu/graduate/mba_program.php

The master of business administration degree provides students with the capabilities for strategic and critical thinking needed for effective leadership in a global economy where creative management of both people and technology is vital. The curriculum begins with a solid grounding in the functional areas of business and combines that foundation with the flexibility that allows students to specialize in one or two areas of expertise. In the classroom, students learn the latest theories and concepts, and how they can be immediately applied to solve problems in the workplace.

Plan of study

The MBA program requires 48 credit hours and consists of 16 courses, 11 of which are devoted to core functional areas and five available in concentration areas and as electives.

- Concentrations

An MBA concentration is a sequence of three courses in one discipline, giving you in-depth knowledge in that subject matter. In addition to the program's core courses, at least one area of concentration must be selected to complete the MBA program.

Our most popular MBA concentrations are featured below. Customized concentrations can also be created that leverage graduate courses offered at Saunders, as well as the other RIT colleges, providing a wide array of disciplinary focus areas. While several examples are provided, many possibilities exist. Students may also elect to complete a second concentration, if they choose. A graduate advisor can assist in developing a customized plan of study.

- Accounting

Designed for students planning to enter corporate accounting, this concentration is also an excellent complement to a concentration in finance or management information systems.

- Entrepreneurship

The entrepreneurship concentration is designed to enable students to recognize and commercialize attractive business opportunities—either by new independent ventures or by established firms seeking growth or rejuvenation. It involves integrating all functions of business (marketing, innovation, finance, accounting, etc.) within one coordinated value-creating initiative.

The concentration requires an applied entrepreneurial learning experience that may be satisfied through either the Field Experience in Business Consulting (MGMT-753) course or an approved commercialization project. These projects may involve students developing their own businesses or working with RIT incubator companies, local start-up firms, or RIT multidisciplinary commercialization projects.

- Environmentally sustainable management

With a goal of familiarizing students with environmentally sustainable business practices, this concentration is attractive to those with an overall interest in understanding how firms can manage social and political demands for more environmentally sustainable products and operations. It may be of particular interest to those students in industries with a significant environmental impact such as the automotive, chemical, energy, transportation, or agricultural industries, where environmental issues are central to operational and strategic decision making.

- Finance

This concentration is designed to provide a foundation of knowledge in finance and allow students to choose courses appropriate for a career in investments or corporate finance. Students interested in investments will acquire advanced skills in securities evaluation and portfolio management. Those interested in corporate finance will acquire advanced skills in budgeting, planning, global financing and operations, and corporate risk management.

- International business

This concentration prepares graduates for today's global business environment. Regardless of size, nearly all enterprises operate globally: sourcing, producing, researching, and marketing worldwide. Suppliers and competitors are not only across the street, they are around the globe. Balancing the needs of local, regional, and national communities--and the benefits attained from global competition and cooperation--requires an understanding of the international dimensions of business. Managers and professionals must be able to think, market, negotiate, and make decisions designed for the diversity, complexity, and dynamism that are the hallmarks of global business.

- Management and leadership

Managers need to combine effective leadership with analytical reasoning. The management and leadership concentration provides students with the leadership skills needed to be successful managers in business, nonprofit, and public organizations. Students develop the essential analytical and decision-making skills for today's rapidly changing world. They learn why change is difficult, when to initiate change, and how to introduce and manage change in the workplace. These courses also prepare students for the demands of managing people and projects.

- Management information systems

This concentration enhances students' understanding of modern information systems. It was designed for students who may not have a background in computers or information systems.

- Marketing

The overall process of entering markets, creating value for customers, and developing profit for the firm are the fundamental challenges for today's marketing manager. Effective marketing must consider the target audience, along with the changing business environment and competitive pressures of technological and global challenges. Additionally, digital media, the Internet, and big data continue to drive the development of our global marketplace. Digital marketing is evolving quickly creating an enormous need to understand the implications of these shifts for strategic initiatives in marketing and advertising.

- Operations management and supply chain management

This concentration focuses on providing the knowledge to assist in developing, and implementing, efficient supplier systems in order to maximize customer value. Supply chain management is focused on the coordination of the associated processes required both within a business, as well as across businesses/suppliers, to deliver products and services - from raw materials to customer delivery. In addition to courses covering project management, quality control, process improvement and supply chain management, additional electives allow students to broaden their knowledge base across other relevant operations and supply chain management functions.

- Product commercialization

This concentration targets students who are interested in developing expertise in managing the marketing-related activities required to move new products and services through preliminary business and development stages to a successful launch. The commercialization of new corporate offerings is increasingly important as product life cycles get shorter.

- Quality and applied statistics

This concentration is for students interested in studying the technical aspect of managing quality (i.e., statistical quality control). Students gain an understanding of the basics of statistical process control, quality improvement, acceptance sampling, and off-line quality control techniques such as the design of experiments.

- Technology management

In a constantly changing environment, the ability of an organization to innovate and renew itself is critical if it is to survive and prosper. Technology managers, who are typically responsible for the innovation and application of new technology, are central to the long-term strategy and success of their companies. To manage these processes well, managers need to understand both business and technological perspectives. Co-op or internship experience in high-technology settings may be helpful to students pursuing a specialty in technology management.

- Customized concentration options

In addition to the above concentrations, MBA students may create a customized three-course concentration utilizing graduate courses from Saunders and other RIT colleges. Some examples are listed below, while additional options may be pursued on a case by case basis. To create a customized concentration the approval of a Saunders College graduate advisor is needed, and course prerequisites may apply.

- Communication and media technologies

Communication, and the technologies for message creation and dissemination, is at the center of dramatic economic, social, and cultural changes occurring as a result of technological development and global connectedness. This concentration, offered by the College of Liberal Arts, prepares students for careers as communication experts in commerce, industry, education, entertainment, government, and the not-for-profit sector.

- Health systems administration

Specifically designed for students employed in the health care environment, this concentration, offered by the College of Applied Science and Technology, introduces up-to-date, industry-relevant content that is continually developed in response to the changing health care environment. All courses in this concentration are offered online.

- Human resource development

The field of human resource development has grown in both size and importance over the last decade, leading to a higher demand for educated and skilled human resource professionals. This concentration, offered by the College of Applied Science and Technology, provides education in training, and career and organizational development.

- Industrial and systems engineering management

Organizations need individuals who possess a blend of technical and business skills, as well as the integrated systems perspective needed to commercialize complex products and services. This concentration, offered by the Kate Gleason College of Engineering, may be significantly interdisciplinary.

- Information technology

Corporations are aware of the cost savings and performance improvement possible when information technology is applied in a systematic manner, improving organizational information flow, employee learning, and business performance. Information technology includes a mixture of computers and multipurpose devices, information media, and communication technology. Students may choose from the following areas of specialization: Web programming/multimedia, software project management, programming, or telecommunications. This concentration is offered by the B. Thomas Golisano College of Computing and Information Sciences.

- Print media

Leadership and management in the print media industry require an understanding of the cutting-edge technology and emerging markets to articulate a corporate vision that encompasses new opportunities and directions. This concentration, offered by the College of Imaging Arts and Sciences, is designed to provide a solid technical background in cross-media digital workflow processes and a keen understanding of the issues and trends in the print media industry.

- Public policy

Formulating public policy and understanding its impact are critical, whether you work in government, not-for-profit, or the private sector. This concentration, offered by the College of Liberal Arts, gives students the skills to effectively formulate public policy and evaluate its impact, particularly as related to science and technology issues. The courses focus on policy formation, implementation, and analysis.

Visit the Business Administration–Traditional MBA page on the Rochester Institute of Technology USA website for more details!

Entry Requirements

Hold a baccalaureate degree from an accredited institution, Have a working knowledge of algebra and statistics, Submit official transcripts (in English) of all previously completed undergraduate and graduate course work, Submit scores from the Graduate Management Admission Test (GMAT) or Graduate Record Exam (GRE) (GMAT preferred for international applicants and those applying for scholarships), Submit a personal statement, Submit a current resume, and Complete a graduate application.

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