MBA - Program FAQ's
Is your program accredited?
Wayne State College is accredited by The Higher Learning Commission of the North Central Association of Colleges and Schools. The baccalaureate degrees have been approved since 1933, the master’s degrees since 1962, and the education specialist degree since 1983. Bachelor of Science in Business Administration and Master of Science in Business Administration have been accredited by the International Assembly of Collegiate Business Education (IACBE), a professional business accrediting institution.
Is the program offered 100% online? Are there any requirements of traveling to campus?
The MBA program is a 100% online program with no required visits to campus. The interface used for the online courses is Saki which is found in the students e-campus interface once they have logged on with their login and password.
What is the format of the online courses?
The classes all differ in the activities and format. However, the types of learning activities used throughout the program are: PowerPoint's, instructor lecture notes, written assignments, quizzes, essay testing, multiple choice testing, cases, group work and papers.
How long will it take to complete the degree?
Completion depends on how many classes a student chooses to complete per term and how many terms a student chooses to take classes in. We offer a fall and spring term of sixteen weeks and summer terms in May-June (eight weeks) and July (five weeks). There are ten courses to complete so a student determines how long it will take for them to complete the degree.
How large are the classes?
The online class size averages around 20 students per class.
How do I enroll?
Complete the Graduate Application for Admission form either online at www.wsc.edu ,request an official transcript to be sent to the Wayne State College, Office of Admissions, 1111 Main St., Wayne, NE 68787 from the undergraduate institution conferring your baccalaureate degree. A student will then be admitted to Graduate Studies as a Degree Graduate Student and would be able to register for courses.
What does it take to be fully admitted to the MBA program?
Before nine credit hours are completed in the program, completion of the GMAT (Graduate Management Admission Test) with a score of at least 450 and submission of a Graduate Degree Reference Form is required.
How much does it cost?
The tuition rate for 2011-2012 inclusive of fees is $250/credit hour. The only extra costs are a $10 matriculation fee when a student first registers for classes, a graduation fee of $70 and books. The program is a total of thirty credit hours.
Will you accept transfer credit?
A maximum of nine graduate credits (15 from another Nebraska State College or University), subject to evaluation by the Dean of Business and Technology, may be transferred from another graduate institution and applied toward a degree from this College. Only transfer credit of “B” grade or better will be accepted. A “B-” is not acceptable.
Is a thesis required?
The non-thesis option requires satisfactory completion of the 30 credit hour professional graduate program of study. No written thesis is required. An MBA student shall file with the Graduate Office and the School of Business & Technology Office one acceptable graduate paper. The file paper is written in BUS 692 and must be accepted by the MBA file paper committee and filed in the WSC Graduate Office.
Can I receive financial aid?
Federal Stafford Loans are available to graduate students at WSC. Students are required to file the Free Application for Federal Student Aid (FAFSA) and must be enrolled at least half-time (5 credit hours per semester for a master’s degree program). Hours must be approved coursework that applies to the student’s program of study. The FAFSA can be completed online at www.FAFSA.ed.gov.
What are the undergraduate prerequisites for the program?
Each student is expected to have satisfactorily completed the following courses or their equivalent at the undergraduate level: accounting, corporate finance, economics, law, management, marketing and statistics.
Professionals with extensive business experience are encouraged to complete online tutorial classes to clear up any missing course deficiencies through http://www.ivysoftware.com.
Can the GMAT be waived?
The GMAT cannot be waived. However, if the student had as a part of a previous graduate or doctorate program had taken another standardized test (LSAT, MCAT, GRE, etc.) this score can possibly be evaluated and substitute for the GMAT.
Do you have concentrations in the program?
We do not offer any concentrations. With the program only having six elective hours, this would be too difficult to offer enough coursework to allow the student to choose a concentration.
Can I enroll in the MBA program without a bachelor’s degree, but with relevant work experience?
No. Students who wish to be admitted to a graduate degree program should have the baccalaureate degree from an accredited institution.
What is the average load for a student in the MBA program?
Most students in the program are working full-time and choose to take 1-2 classes per term.
The maximum load of graduate credit hours for graduate students, without special permission, is 9 hours during regular sessions, 4 hours during the May session, and 7 hours during the June and July sessions. A graduate student who wishes to register for more than the maximum number should consult with his/her advisor, then contact the appropriate School office for approval and forward that information to the Office of Records and Registration. Full-time status for graduate students is 9 credit hours.
Will the transcript show that this degree was completed online?
No, the transcript will only show that the student had met all the requirements of the Master of Business Administration degree for Wayne State College. We view online as the delivery format of the program and this is not noted on the student transcript.