Business Administration, M.B.A. (One-Year)

The one-year MBA is a cohort-based program that begins each summer and spans three terms — summer, fall and spring. This is a lockstep program with courses team-taught by faculty from different business disciplines to provide an integrated approach to solving business problems. The program integrates data analytics throughout the curriculum to prepare graduates for successful careers making informed decisions in today's data-driven business environment. Prior work experience is not required.

The summer courses equip students with the business concepts and theories that lay the foundation for application in the Fall term. The fall semester builds on summer courses and includes team-based business simulations. Between the fall and spring semesters, students study abroad for one week in Hong Kong to gain valuable hands-on international business experience. The spring semester includes an Industry Practicum project. The Industry Practicum is a live, team-based data analytics project which students complete for and with an outside corporation or non-profit organization. During this project teams receive support and additional training from a faculty mentor and use the skills they have developed during the previous two semesters. Students also participate in a year-round Professional Effectiveness Series, which provides ongoing career support and professional development. 

Curriculum Overview

The one-year MBA is a 48 credit hour program which spans three terms — summer, fall and spring. Students attend all classes between 9 a.m.–5 p.m. During the Summer, classes meeting Monday - Friday. During Fall and Spring, classes meeting Monday, Wednesday and Friday.

Each cohort starts in June, taking 18.5 credit hours of integrated MBA courses. Students complete 14 credit hours in their fall term during which they attend class Monday, Wednesday and Friday with a one-week Global Immersion experience in Hong Kong China as a part of their curriculum over winter break. The spring semester is comprised of 15.5 credits, which includes a 6 credit Industry Practicum experience. Students complete their program of study in May. 

Merit based scholarships are available for qualified applicants and are assessed at the time of admission. 

Internships/Student Organizations

Saint Louis’ urban location provides many internship opportunities, which allow students to gain career-related work experience while applying classroom learning to practice. 

Careers

The Richard A. Chaifetz School of Business has a dedicated Career Resources Center and a specialized Graduate Career Advisor to help MBA students define professional goals, build essential career skills, create robust professional networks, and develop job search strategies. Through the Professional Effectiveness Series, as well as individualized career appointments, students will explore topics and skills related to effective professional development and career management. The Career Resources Center is also committed to serving students after graduation and to supporting alumni.

Graduates of the MBA program have been hired by organizations including: Aegis Strategies, Ameren, Anheuser Busch, Ascension Health, BJC, The Boeing Company, Caleres, Cerner, Deloitte, Edward Jones, Emerson, Ernst & Young, Express Scripts, KPMG, Mississippi Lime, Nestle Purina, Parkside Financial, Rubin Brown, Spectrum Brands, Summit Strategies, U.S. Bank, and World Wide Technology.

Admission Requirements

Applicants are reviewed for past undergraduate performance, professional or internship experience, and GMAT or GRE scores. While there is no minimum GMAT score required, the average GMAT score is 590. Average GRE scores are 150-153 on each section, quantitative and verbal. Successful applicants demonstrate a 3.0 grade point average in past academic programs.

Application Requirements

•  Completed online application
• Transcript(s)
• Two references
• GMAT scores (GRE scores are also accepted)
• Resume
• Personal goal statement of fewer than 500 words
• Interview for one-year MBA, if applicable

Requirements for International Students

• Applicants who are not U.S. citizens or permanent residents will also need to submit:
• Addendum form outlining certification of financial support for one year of study (if a student visa is required) submitted with necessary documentation.
• For non-native speakers of English, an official TOEFL or IELTS score report is also required and must be sent directly from ETS or the British Council (The school code is 6629 for ETS). TOEFL and IELTS scores should be no more than two years old. This program requires a TOEFL score of 88 and an IELTS broadband of at least a 6.5.
• The Pearson Test of English scores can be accepted as well.
• A GPA on a 4.0 scale is required and should be reflected on official transcripts or documentation. All international transcripts must be calculated by the World Education Services (WES) or the Educational Credential Evaluators (ECE) and include a course-by-course evaluation, including GPA and course levels.
• The graduate business programs office prefers WES but will accept ECE.

Application Deadline

Applications for admission are considered on a rolling basis. For priority consideration for the one-year MBA program, apply by April 15. (International students are encouraged to apply by April 1.)

Review Process

Applications are reviewed on a rolling basis once all application materials are received. Application files are reviewed holistically (undergraduate work, internship experience, test scores and personal goal statement). The average time for admissions decisions is one week.

Scholarships and Financial Aid

For more information, visit the student financial services office online at http://finaid.slu.edu.

Accreditation 

The Richard A. Chaifetz School of Business is accredited by AACSB, the Association to Advance Collegiate Schools of Business, the world’s largest business education alliance and accrediting body of business schools, ensuring continuous quality improvement in terms of curriculum, instructional resources, student selection, career placement and intellectual contributions and qualifications of the faculty.  Less than 10% of business schools worldwide have achieved AACSB accreditation. 

• Graduates will develop a strategic level understanding of the key functions of business—accounting, economics, finance, international business, management, marketing, operations, and statistics. 
• Graduates will practice problem analysis and decision-making and present results, both individually and as part of teams and groups, using vehicles such as problem and case analysis, integrated modules, and live consulting opportunities. 
• Graduates will be aware of globalization and its impacts on people, businesses, and the economy. 
• Graduates will participate in at least one service learning experience during the course of their studies and/or participate and assume leadership roles in student and community organizations. 
• Graduates will be exposed to values issues and application of values to business professions in case analysis and in classroom interaction.

Continuation Standards

Students must maintain a cumulative grade point average (GPA) of 3.00 in all graduate/professional courses.

Roadmaps are recommended semester-by-semester plans of study for programs and assume full-time enrollment, unless otherwise noted. Courses and milestones designated as critical (marked with !) must be completed in the semester listed to ensure a timely graduation. Transfer credit may change the roadmap. This roadmap should not be used in the place of regular academic advising appointments. All students are encouraged to meet with their advisor/mentor each semester. Requirements, course availability and sequencing are subject to change.