Vision, Mission and Core Values Statement
Vision – The School of Business will continue to grow and attract diverse students, motivated to better their lives and the lives of other Ionian stakeholders through a quality business education vital for their future.
Mission – The School of Business strives to advance a state-of-the-art, innovative business education, encouraging intellectual inquiry and business community engagement with broad social responsibility and service-learning paramount for today’s times.
Core Values - The School of Business, guided by the respected values of our accrediting bodies, ultimately embraces the values of a student-centric and faculty-driven institution rooted in a religious tradition.
Thus, we embrace specific core values:
- Character: Encourage high standards of personal and professional integrity in everything pursued.
- Achievement: Stimulate academic excellence in learning delivered and scholarship attained by our students.
- Recognition: Foster an organizational culture that supports, rewards, and promotes high-quality research, innovation and engagement.
- Ethics: Pursue business knowledge, truth, accountability and responsibility in the utmost ethical way.
- Service: Promote “learning-by-doing” as the mantra for real-world success, achievement and accomplishment.
Degree Programs and Requirements
The School of Business offers the Masters of Business Administration degree (MBA), Post Masters Certificates in disciplines (PMC), Advanced Certificates in interdisciplinary subjects and Master of Science degrees (MS) in Accounting, Project Management, Information Systems, Accounting and Information Systems and three selected financial areas. The School of Business section of the Graduate Programs Catalog is organized as follows: 1) MBA, 2) PMC and Advanced Certificates, and 3) MS degrees.
MBA Program Educational Objectives
In designing the MBA program, the School of Business established the following goals for the program:
- Provide a broad-based graduate business degree that integrates current business theory and application to real world business situations.
- Offer more integrated core business courses that are continually improved to reduce overlap or redundancy and emphasize active learning techniques such as team projects, case studies, computer simulation and presentations, along with traditional lectures.
- Ensure that the MBA program adheres to the mission of the School and addresses the goals for students, faculty, the business community and alumni.
- Provide MBA students with functional knowledge of business areas, and offer opportunity for concentrated study in one of seven areas (accounting, financial management, human resource management, management, information systems, health care management, and marketing).
- Offer students the opportunity to study and partner with other working professionals in their classes.
- Provide a program convenient for working professionals with courses offered on weekday evenings and scheduled on a convenient 12-week trimester system plus two summer sessions.
- Provide dedicated faculty who have a personal approach to teaching, and relatively small class sizes.
- Continually evaluate the courses, programs and outcomes for continuous improvement using student course evaluations as an element of input.
- Offer Masters of Science, Post Masters Certificates and Advanced Certificates, as opportunities for specialized interdisciplinary study with a topical and professional focus.
Specific Learning Objectives of the Graduate Business Programs
- Develop an understanding of business theory in the core functional areas of business.
- Learn to apply analytical and quantitative tools in the core functional areas.
- Develop useful interpersonal and communication skills needed by businesses, such as teamwork, oral and written communication, presentation and decision making.
- Develop a knowledge of international issues, ethics and cultural diversity.
- Develop an appreciation for lifelong learning.
- Develop skills in using information technology.
- Demonstrate the ability to analyze business situations, collect data and make appropriate decisions.
Program Overview
The programs are designed for candidates who wish to pursue a graduate business degree on either a full or part-time basis. The complete MBA program is 57 credits, while the Masters of Science range from 42 to 51 credits and may be less for students who receive waiver and/or transfer credits. Appropriate coursework at the undergraduate and graduate level may be applied against curriculum requirements, decreasing the number of credits required. There is a six-year limit for the completion of a graduate business degree.
A typical MBA student will take 48 credits and complete the program in three years on a part-time basis or two years or less full time.
The Fast Track MBA degree option enables a student to finish the degree in as little as 11 to 15 months, depending on the individual’s waivers.
Courses are offered on a trimester basis, with classes starting in late August, November, March, and in summer sessions, starting in late May and early July, respectively . Each trimester course meets one evening per week for three hours 6:30 - 9:30 pm. Saturday and Sunday courses, when offered, meet 9:30 am -12:30 pm. Courses conducted during the summer meet twice a week in late May and June for the first session and early July through early August for the second session.
Further procedures and policies relating to programs of the School of Business can be found in the section, “Academic Information .” In addition, updates to information in this bulletin can be found on the Iona Web site at www.iona.edu/hagan.
MBA Core Courses
he MBA curriculum is designed to provide a broad, integrative approach to business. The core areas include: business perspectives, financial reporting, analysis and markets, domestic and global economic environment, creation and distribution of goods and services, and human behavior in organizations. The core courses lay the groundwork for courses in the field of concentration and related advanced courses. Business perspectives include ethical and global issues; the influence of political, social, legal and regulatory, environmental and technological issues; and the impact of demographic diversity on organizations. These perspectives form the context for business. A student may have from 12 to 18 credits of core courses waived, though in cases of exceptional undergraduate preparation and previous graduate work, as many as 24 credits may be waived.
MBA Core Courses (3 credits each)
Total of nine courses before waivers:
Advanced Courses
All MBA students choose a major from the fields of concentration available at each campus. The major consists of 12 credits in advanced courses chosen according to the specifications of the department. In addition, students are required to take 15 credits of advanced courses outside the field of concentration such that no more than six credits are in any one other area except where otherwise required in the case of certain Advanced Certificates. The required capstone course, MBA 710, three (3) credits, will be applied toward the 18 credits of advanced courses. The requirements of each concentration are listed under the sponsoring department. MBA students may choose 600-level Accounting and Business Law electives as part of their 15 credit breadth requirement.
The MBA is comprised of 33 Advanced Course Credits and 24 Core Credits for a total of 57 credits.
Master os Science students have required and elective courses except for that in Accounting where the courses meet the educational requirements for the CPA and are therefore specified.
TOTAL REQUIREMENTS FOR MBA DEGREE: 57 credits
Certificate Cash Manager Associate Program
The School of Business is approved by the Treasury Management Association as a Certified Cash Manager (CCM) Associate Program school. The Treasury Management Association (TMA) offers the only credential in cash management, the Certified Cash Manager. The CCM Associate Program allows colleges to teach the fundamentals of working capital management while simultaneously preparing students to sit for the 200 question, multiple-choice exam administered each June. The School of Business offers a relevant course in the MBA program: FIN 644 - Short-term Financial Management . This course is available for the financial management concentration or an elective in the MBA program and for the MBA Post Master’s Certificate in Financial Management. FIN 644 has the regular MBA core course prerequisite and admission requirements. Those who complete the course and pass the CCM exam are designated CCM Associates and have five years in which to acquire the necessary two years of professional experience.
The Post-Master’s Certificate and Advanced Certificate Programs
The Post-Master’s Certificate Program (PMC) provides the opportunity for graduate studies in a single field (Concentration) at the post-master’s level of education. The fields of concentration that are available are the same fields of concentration as the MBA program, namely, Management, Marketing, Human Resource Management, Financial Management and Information Systems.
The Advanced Certificate Programs provide for the opportunity for graduate studies in a multidisciplinary area at the post-baccalaureate level or as part of an MBA degree program. The available Advanced Certificates are International Business, Electronic Commerce, Business Continuity and Risk Management, Sports and Entertainment Business, Infrastructure Management, Health Care Management, Long-Term Care Management, General Accounting and Public Accounting, Project Management, Business Fundamentals, and Medical Practice Management.
Admission
The Post-Masters Certificate Program is open to holders of the MBA degree from regionally-accredited schools of business administration and management. In addition to the application form and $50 application fee, a completed application for the PMC program will include the following:
- an official transcript from each undergraduate and graduate institution attended;
- scores on a Graduate Management Admission Test (GMAT);
- current resume; and
- reports of performance and estimation of potential from professional and/or academic references.
The Advanced Certificate Programs are open to all holders of the Baccalaureate degree from regionally-accredited institutions who meet the acceptance criteria for the MBA degree program and the criteria for the chosen Certificate. A completed application file for Advanced Certificate candidate includes, in addition to the application form and $50 application fee:
- an official transcript from each undergraduate and graduate institution attended;
- scores on a Graduate Management Admission Test (GMAT);
- current resume; and
- reports of performance and estimation of potential from professional and/or academic references.
Upon successful completion of the program of study, a certificate will be awarded to the student. In lieu of accepting the chosen Certificate at that time, the student may roll over their Certificate courses into the MBA Program and receive the Certificate with the MBA degree. An awarded Certificate may not be rolled over into the MBA Program.
Courses
Master of Science
Certificate