Master of Business Administration [M.B.A]
MBA curriculum has three components: undergraduate-level foundation courses, graduate business core courses, and graduate electives. The 18-credits of foundation courses introduce the functional areas of business practice. These courses are completed at the undergraduate level prior to starting the program, or as part of the program.
Typically, students who have an undergraduate major or minor in a business related field have already completed the foundation requirements and may be able to complete the graduate courses (core and elective) in one year of full-time study. Students without prior foundation courses can be accepted into the MBA program and complete the foundation requirements prior to moving into the graduate coursework.
Foundation Courses (Undergraduate Pre-requisites)
- Statistics
- Organizational Behavior
- Marketing
- Managerial Finance
- Financial Accounting
- Operations Management
Tution & Application Fees
| Year | Year 1 | Year 2 |
| Tuition Fees | $39500 | $39500 |
| Compulsory Fees | $1200 | NA |
| Total Fees | $40700 | $39500 |
Examinations
| Exam Type | Exam Name | Score | Out of Score | Exam Level |
|---|---|---|---|---|
| GMAT | Graduate Management Admission Test | 550 | 800 | 2 |
| TOEFL | Test of English as a Foreign Language | 90 | 120 | 3 |
| IELTS | International English Language Testing System | 6.5 | 9 | 3 |
Academics:
Foundation course requirements can be filled in the following ways:
- Undergraduate business degree (major or minor)
- Undergraduate business courses at Alfred University
- Undergraduate business courses from accredited universities
- Online business foundation courses from the State University of New York Open SUNY
- Approved MOOCs (Stanford, MIT, etc.)
- The student may also test out of the course requirements
The academic standards for graduate students at Alfred University require an overall cumulative average of 3.0 to meet graduation requirements. MBA-Business Administration students are permitted no more than 3 graduate credits below a grade of B
English Language Requirements
- TOEFL: Written Exam: A score of 590 or better (550 for the MFA program) Internet Based Test: A score of 90 or better
- IELTS: A score of 6.5 (6.0 for the MFA program) or better is required.