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Grace College Online Education

Business Administration, MBA

Overview

Welcome to the Grace College MBA program, which provides a curriculum and environment where current and future business professionals are transformed through the study of business from a distinctly biblical perspective.

Our MBA program understands business from a distinctly biblical perspective. The first course in the curriculum constructs this biblical perspective foundation, while the courses that follow further develop this perspective. The first divine instructions include commands to subdue and have dominion over God’s creation (Genesis 1:26, 28) and to work and keep God’s garden (Genesis 2:15). These commands are further developed in other scriptural passages, they remain in effect to this day, and they endow the practice of business with theological significance.

The Grace College MBA program is constructed and courses are delivered with an intentional applied emphasis. Consistent with learning-by-doing, course assignments allow students to use course concepts in their current employment setting. This allows students to quickly develop an initial proficiency with the concepts being covered. It also allows students to demonstrate to their employers the value-added nature of the program.

At A Glance

  • Next Start Date January 7
  • Course Delivery 100% Online
  • Credit Hours 36
  • Degree Master of Business Administration
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Curriculum

  • BUS 5100 Business Ethics

    Credit Hours: 3

    This course provides learners with the opportunity to develop and apply a biblical ethic to business. As they complete this course learners will develop the capacity to understand business from a distinctly biblical perspective and to act on that understanding. Three hours.

  • BUS 5110 Managerial Economics

    Credit Hours: 3

    This course provides learners with the opportunity to understand particular business organizations and their environments from both an economic and a biblical perspective. As they complete this course learners will develop the capacity to analyze particular business organizations and their environments from both an economic and a biblical perspective and to act on that analysis. Three hours.

  • BUS 5120 Human Resource Management

    Credit Hours: 3

    This course provides learners with the opportunity to understand the effective use, development and retention of human capital. Both economic and biblical insights will be utilized in this process. Three hours.

  • BUS 5130 Operations Management

    Credit Hours: 3

    This course provides learners with the opportunity to develop an understanding of activity based management, lean manufacturing and total quality management. First, learners will develop the capacity to use activity based management to understand processes within organizations. Second, learners will develop the capacity to use lean manufacturing and total quality management to act on that understanding as they manage and improve processes within organizations. Third, learners will consider insights offered by Scripture concerning efficiency, productivity and quality. Three hours.

  • BUS 5140 Marketing Management

    Credit Hours: 3

    This course provides learners with the opportunity to develop an understanding of the demand side of organizations from a marketing perspective and then to act based on that understanding. In pursuit of the related goals of understanding and acting, learner activities are structured around three key concepts: 1) a customer focus is essential, 2) relevant, timely, valid information is essential, and 3) competition based on product differentiation is essential. In the course learners also explore how to evaluate marketing programs and efforts using insights from Scripture. Three hours.

  • BUS 5150 Integrative Application Project 1

    Credit Hours: 3

    This course provides learners with the opportunity to further develop the capacity to properly and effectively use concepts from courses completed during the first year of the MBA program in realistic problem solving settings. Proper and effective use of these concepts includes: 1) use of individual concepts and 2) use of multiple concepts in an interdisciplinary manner. Properly addressing realistic problems includes: 1) specifying the problem, 2) analyzing the problem, and 3) formulating a solution to the problem. Three hours.

  • BUS 5200 Financial Management

    Credit Hours: 3

    This course provides learners with the opportunity to develop and act on an understanding of finance. In pursuit of these goals, learner activities focus on four key concepts: 1) the realized return of external investors is directly related to the realized outcome of internal management decisions and activities, 2) organizations use financial statements to summarize the realized outcomes of management decisions and activities and to communicate that information to investors and other external parties, 3) the financial accounting model depicts how the individual financial statements fit together and allows managers, investors and other interested parties to fully access the information contained in those statements, and 4) risk is inherent in economic activity so the expected return from any activity must sufficiently compensate for assuming the related risk. In the course learners also explore how to evaluate financial information on organizational activities using insights from Scripture. Three hours.

  • BUS 5210 International Business

    Credit Hours: 3

    This course provides learners with the opportunity to develop an understanding of the international landscape. Acting on that understanding, learners then develop the capacity to formulate plans that allow businesses to effectively navigate the international landscape. The international landscape will be viewed from trade, productivity, monetary and biblical perspectives. Three hours.

  • BUS 5220 Legal Environment of Business

    Credit Hours: 3

    This course provides learners with the opportunity to develop an understanding of the legal environment within which businesses function Acting on that understanding, learners then develop the capacity to formulate plans that allow businesses to function effectively within that environment. The legal environment will be viewed from planning, compliance, efficiency and equity perspectives. The legal environment will be evaluated using a biblical perspective. Three hours.

  • BUS 5230 Entrepreneurship

    Credit Hours: 3

    This course provides learners with the opportunity to develop an understanding of entrepreneurship, focusing on its visionary, creative and risk-taking dimensions. On the visionary dimension, learners will understand that products, services and processes must first be imagined before they can be created. On the creative dimension, learners will understand that the vision of a product, service or process must be brought to reality. On the risk-taking dimension, learners will understand that bringing a product, service or process to reality is an uncertain, risky proposition, with no guarantee of technical or financial success. From the perspective of Scripture, learners will consider how the entrepreneurial capacity present in humans evidences their creation in image of the ultimate Creator. Three hours.

  • BUS 5240 Business Policy

    Credit Hours: 3

    This course provides learners with the opportunity to understand organizations from a comparative advantage based strategic perspective. Consistent with that understanding learners develop the capacity to formulate and implement strategies that capitalize on and further develop an organization’s comparative advantage. This process of capitalizing on and further developing an organization’s comparative advantage will be evaluated using the concept of stewardship found in Scripture. Three hours.

  • BUS 5250 Integrative Application Project 2

    Credit Hours: 3

    This course provides learners with the opportunity to further develop the capacity to properly and effectively use concepts from courses completed during the second year of the MBA program in realistic problem solving settings. Proper and effective use of these concepts includes: 1) use of individual concepts and 2) use of multiple concepts in an interdisciplinary manner. Properly addressing realistic problems includes: 1) specifying the problem, 2) analyzing the problem, and 3) formulating a solution to the problem. Three hours.

Tuition & Fees

Learning How to Maximize Productivity & Effectiveness

How Much Will I Pay for my Degree?
Fall 2017-Spring 2018 Cohort $588 Per Credit Hour $21,168
Fall 2018 - Spring 2019 Cohort $606 Per Credit Hour $21,816
Online Course Fee (Per Online Class) 125 $4,500
Full Program Total $25,688 / $26,316

Financial Aid & Credit Transfer

Grace College is dedicated to helping students from all financial backgrounds achieve their dream of obtaining a quality education.

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How to Apply

In order to be considered for enrollment in one of the graduate programs at Grace, you must fulfill certain admission requirements. Below is a list of the requirements for the Master of Business Administration program.

  • A baccalaureate degree from an accredited institution
  • Undergraduate GPA: minimum 2.75
  • Complete the application process

*Additional assessments may be required for applicants without an undergrad business degree

Step 1: Online Application

After all parts of your application have been completed and received in our enrollment office, your application will be reviewed by the Admissions Committee.

Step 2: Transcript Request

Submit official transcripts from all post-secondary institutions which you have attended. To do this, please complete the Official Transcript Request Form and fax it to 800-473-2512.

Step 3: Reference Forms

Please contact the necessary references (these cannot be relatives) and have them complete the applicable reference form below. For your convenience, both an online and PDF version of the reference forms have been provided. If using the PDF reference forms, please email, fax or mail the completed form to:

Mail: Grace College, Attn: Online Admissions, 200 Seminary Dr, Winona Lake, IN 46590

Step 4: Resume

Email an up-to-date resume to admissions@grace.edu. In addition to employment, please include any volunteer experience relevant to the helping profession.

Step 5: Acceptance Process

When all of the steps have been completed, you will be advised of the Admissions Committee’s decision. The Admissions Committee may request that you submit additional materials and/or that you interview with a representative of the College.

Step 6: Credit Agreement

Upon acceptance, please fill out the credit agreement

Application Deadlines

  • Fall Start July 1
  • Spring Start December 1
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FAQs

Unlocked Opportunities

New careers are within your grasp.

Small Business Owner

Average Salary (2018) $78,000

Product Manager

Average Salary (2018) $74,000

Human Resources Manager

Average Salary (2018) $107,000

Administrative Services Managers

Average Salary (2018) $90,000

Controller

Average Salary (2018) $75,000

Advertising, Promotions, and Marketing Managers

Average Salary (2018) $128,000

Salary Information Gathered at Payscale.com

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