Master of Business Administration

NA On Campus Masters Program

Wayne State University

Program Overview

The Master of Business Administration (MBA) at Wayne State University's Mike Ilitch School of Business develops the business knowledge, analytical abilities and leadership skills needed to manage organisations and make strategic decisions. The programme combines core business subjects with flexible elective and concentration options, making it suitable for recent graduates and working professionals who want to advance their careers in management, finance, marketing, consulting, technology or entrepreneurship.

Curriculum Structure

The MBA requires 36 credit hours of core and elective or concentration coursework, with a minimum cumulative GPA of 3.0. Depending on their previous academic background, students may also need to complete up to three foundation courses before or alongside their graduate studies. The programme offers full-time, part-time and accelerated study options, with online, evening and Saturday classes available.

Foundation Courses: Students who need additional preparation may complete Introduction to Accounting and Financial Reporting (ACC 6000), Basics of Financial Management (FIN 6005) and Marketing Foundations (MKT 6015). These courses establish the basic knowledge required for advanced business studies. Foundation requirements are assessed individually, and eligible students may receive course waivers.

Core Business Courses: All students complete nine core courses covering the major areas of business administration. These include Managerial Accounting (ACC 7000), Corporate Financial Management (FIN 7020), Global Operations and Supply Chain Management (GSC 7090), Managing Organizational Behavior (MGT 7040), Social Perspectives on the Business Enterprise (MGT 7070), Strategic Management (MGT 7080), Marketing Strategy (MKT 7050), Business Analytics (TIS 7030) and Understanding Emerging Technologies (TIS 7060).

Elective Courses: Students select additional courses to develop expertise in areas that match their professional interests. Options include Financial Accounting for Decision Making (ACC 7100), Financial Statement Analysis (ACC 7115), Introduction to Taxation: Individuals (ACC 7120), Advanced Accounting I (ACC 7122), Accounting Systems: Design and Controls (ACC 7145), ERP Systems and Business Integration (ACC 7148) and Forensic Accounting (ACC 7155).

Concentration Options: Students can use their elective choices to develop specialised knowledge in areas such as Accounting Systems, Digital and Business Analytics, Finance, Human Resources, International Business, Leadership and Management, Marketing, and Supply Chain Management. The available concentration requirements depend on the selected area and current course offerings.

Focus Areas

Business Administration, Accounting, Corporate Finance, Financial Management, Financial Statement Analysis, Business Analytics, Digital Technology, Strategic Management, Marketing Strategy, Organisational Behaviour, Human Resources, International Business, Entrepreneurship, Supply Chain Management, Operations Management, Leadership, Business Consulting and Emerging Technologies.

Learning Outcomes

Graduates develop the ability to evaluate business performance, interpret financial information and make strategic decisions using analytical methods. They learn to manage organisational resources, understand customer and market needs, improve operational processes and respond to emerging technologies. The programme also strengthens leadership, communication, problem-solving and teamwork skills, preparing students to manage business challenges and contribute to organisational growth.

Professional Alignment

AACSB accreditation: The Mike Ilitch School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB), an internationally recognised accreditation body for business schools.
Broad business preparation: The core curriculum covers accounting, finance, marketing, management, operations, analytics and technology.
Professional specialisation: Students can select electives and concentrations that support their intended career direction.
CPA preparation consideration: The MBA does not automatically fulfil all Michigan CPA educational requirements. Students seeking CPA eligibility may work with an academic adviser to develop an individual course plan.
Flexible learning: The programme offers online and in-person study options, with evening and Saturday classes to accommodate working professionals.

Reputation and Employability

The university's MBA programme information does not provide a clearly identified MBA-specific employment rate or average graduate salary. However, the programme's business curriculum and concentration options support career development across several industries.

Career opportunities: Graduates can pursue roles such as Business Analyst, Management Consultant, Financial Analyst, Marketing Manager, Operations Manager, Human Resources Manager, Business Development Manager, Supply Chain Manager, Project Manager, Strategy Consultant, Entrepreneur and Corporate Manager.
Industry connections: The school's location in Detroit provides access to a business environment connected to the automotive industry, technology companies, manufacturing, finance and entrepreneurship.
Flexible career development: Full-time, part-time and accelerated study options allow students to pursue an MBA while managing other professional commitments.
Specialised career preparation: Concentrations and electives enable students to build expertise in areas such as accounting, finance, analytics, marketing and supply chain management.

Experiential Learning (Research, Projects, Internships etc.)

At Wayne State University, the Master of Business Administration (MBA) program is designed to provide students with hands-on experiences that bridge the gap between theory and practice. Through a combination of innovative coursework, collaborative projects, and access to state-of-the-art facilities, students develop the practical skills necessary to excel in today’s dynamic business environment. The program emphasizes experiential learning, allowing students to apply their knowledge in real-world settings, which is crucial for building confidence and competence in their chosen fields.

Here are some key components of the experiential learning opportunities available in the MBA program at Wayne State University:

- Group Projects: Engage in collaborative projects that simulate real business challenges, fostering teamwork and problem-solving skills.
- Internships: Gain valuable work experience through internships with local businesses and organizations, enhancing your resume and professional network.
- Digital Tools: Utilize industry-standard software such as SAP, Tableau, and Microsoft Power BI for data analysis and business intelligence.
- Field Trips: Participate in field trips to local companies and organizations, providing insights into various industries and business practices.
- Research Laboratories: Access dedicated research facilities that support innovative projects and studies in business analytics and entrepreneurship.
- Libraries: Benefit from the extensive resources at the Wayne State University Libraries, including databases, journals, and research materials tailored for business students.
- Centers and Institutes: Collaborate with the Mike Ilitch School of Business’s various centers, such as the Center for Entrepreneurship and the Center for Business Analytics, which offer workshops, seminars, and networking opportunities.
- Networking Events: Attend events that connect students with industry leaders, alumni, and potential employers, enhancing career prospects.

These experiential learning opportunities are designed to equip you with the skills and experiences that employers value most. By immersing yourself in practical applications of business concepts, you’ll be well-prepared to tackle the challenges of the business world.

For more information on the facilities and resources available to MBA students, you can explore the full list here: [Wayne State University Facilities](https://wayne.edu/facilities).

Progression & Future Opportunities

Pursuing a Master of Business Administration (MBA) at Wayne State University opens doors to a wealth of career opportunities and prepares you for leadership roles in various industries. Graduates often find themselves in positions such as Marketing Manager, Financial Analyst, and Operations Director, equipped with the skills and knowledge to excel in today’s competitive job market. Here’s what you can expect from your MBA journey at Wayne State:

- University Services: The Career Services team offers personalized career counseling, resume workshops, and networking events to connect you with potential employers. Additionally, the Business School provides access to job fairs and internship opportunities that can enhance your practical experience.

- Employment Stats and Salary Figures: According to recent data, over 90% of MBA graduates from Wayne State secure employment within six months of graduation, with average starting salaries around $70,000, depending on the industry and role.

- University–Industry Partnerships: Wayne State has established strong partnerships with local businesses and organizations, including collaborations with companies like General Motors and Quicken Loans, providing students with real-world projects and internship opportunities that enhance learning and employability.

- Long-term Accreditation Value: The MBA program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), a prestigious recognition that ensures the quality and relevance of your education, making your degree highly respected in the job market.

- Graduation Outcomes: Alumni of the MBA program have gone on to achieve significant career advancements, with many taking on executive roles or starting their own successful businesses.

Further Academic Progression: After completing your MBA, you may choose to further your studies by pursuing a Doctorate in Business Administration (DBA) or a Ph.D. in a specialized area of business. This can lead to opportunities in academia, research, or high-level consultancy roles, allowing you to contribute to the field of business at an even deeper level.

Choosing Wayne State for your MBA is not just about earning a degree; it’s about investing in your future and setting yourself up for success in a dynamic and evolving business landscape.