Business Administration MBA, Finance Emphasis

Admission Requirements

The admissions decision is based on a combination of factors. Consideration is given to a candidate’s academic record, scores on the Graduate Management Admissions Test (GMAT), work and leadership experience, a personal narrative on the application form and recommendation letters.

Applicants are generally required to submit Graduate Management Admissions Test (GMAT) scores. A waiver of GMAT requirement may be requested if applicants meet certain criteria. Please see petition to waive the GMAT:

Degree Requirements

Depending on the student’s previous background, programs will require a minimum of 30 hours. Coursework must be completed within a maximum six-year period. At least 2/3 of coursework must be taken while enrolled as an MBA candidate at UMSL.

All students must satisfy the following requirements in professional written and oral communication, business law and ethics/ and social responsibility, economics, and business statistics. The Graduate Business Office in collaboration with department chairs will determine whether a student satisfies these requirements. In general:

The Professional and Written Communications skills requirement can be satisfied by any one of the following:

The Business Law and Ethics/Social Responsibility requirements can be satisfied by any one of the following:

The Economics requirement can be satisfied by any one of the following:

  • Evidence of prior coursework
  • Completion of BUS AD 5000
  • Completion of Economics boot camp

The Statistics requirement can be satisfied by any one of the following:

  • Evidence of prior coursework
  • Completion of SCMA 5300
  • Completion of Statistics boot camp

Assurance of Learning

All MBA students are required to participate in the BUS AD 6991 Graduate Business Assessment Testing class during their last semester. This learning assessment course is not for credit.

Business Core (18 credit hours)

The following courses or their equivalents are required of all degree candidates1.

ACCTNG 5400Financial and Managerial Accounting3
FINANCE 6500Financial Management3
INFSYS 5800Management Information Systems3
MGMT 5600Managing People in Organizations3
MKTG 5700Contemporary Marketing Concepts3
SCMA 5310Supply Chain Strategies3

Strategic Management Required (3 credit hours)

Take one of the following2:

BUS AD 6990Strategy Formulation and Implementation3
INTL BUS 5289International Business Strategies3
MGMT 4614Entrepreneurship/Small Business Management3

Electives (9 credit hours)

Students may choose to pursue an Emphasis Area to satisfy the 9 credit hour Electives requirement or pursue an MBA with no emphasis area. No course may be used for more than one emphasis area. If no emphasis area is chosen, students have the flexibility to customize their MBA by choosing from a large collection of elective graduate courses within the College of Business Administration, in consultation with their Graduate Business academic advisor.

Emphasis Area Requirements

Master of Business Administration (MBA) students seeking an emphasis in Finance must complete a minimum of 9 hours of Finance electives beyond FINANCE 6500 (FINANCE 6500 does not count toward the emphasis in Finance). A maximum of 15 hours in any functional area will count toward degree requirements. Only courses that are substantially different from courses taken for credit in a student’s undergraduate program will be acceptable. 

Learning Outcomes

Upon completion of the program, graduates will be able to:

  • Demonstrate knowledge of core business content in accounting, finance, information systems, supply chain analytics, management, and marketing.
  • Apply core business content and principles for effective business decision making.
  • Demonstrate analytical skills to solve business problems and evaluate the conditions of corporations and markets.
  • Effectively communicate business insights using oral and written formats.
  • Identify legal/ethical issues and implications, and make informed decisions.
  • Expand leadership skills to effectively engage with stakeholders in a professional manner.
  • Demonstrate a global mindset needed to effectively navigate the interconnected nature of today’s business environment.
  • Understand the technology governance role of the Chief Information Officer.
  • Appreciate the impacts of IT on organizations, society, and the global economy.
  • Prioritize and propose managerial practices to develop and deploy technological innovations that produce business advantage.
  •  Apply the core financial concepts, principles, and theories in valuation and wealth maximization. 
  • Demonstrate critical thinking and problem-solving skills to analyze data for informed decision-making.
  • Apply analytic tools and modern technologies in solving real-world financial problems.