The Master of Business Administration includes several programs: full-time M.B.A., professional M.B.A., executive M.B.A., M.B.A. in Hong Kong, and the M.B.A. in Italy ("CIMBA M.B.A."). Students in the full-time M.B.A. program have the opportunity to enroll in one of several joint degree programs, simultaneously earning an M.B.A. and a graduate or professional degree in law, medicine, pharmacy, or public health. Students in the professional M.B.A. program have the opportunity to enroll in joint programs in business analytics or social work. See "Joint M.B.A./Graduate and Professional Degrees" below.

Joint M.B.A./Graduate and Professional Degrees

Joint degree programs allow students to pursue two degrees simultaneously, earning both more quickly than they would if they pursued each degree separately. The M.B.A. Program collaborates with several other University of Iowa academic units to offer joint professional or graduate degrees: an M.B.A./J.D. with the College of Law; an M.B.A./M.D. or an M.B.A./M.D. post-doctoral degree with the Carver College of Medicine; an M.B.A./M.H.A. (business subprogram) with the College of Public Health, an M.B.A./Pharm.D. with the College of Pharmacy, an M.B.A./M.S.W. with the School of Social Work, and an M.B.A./M.S. in business analytics with the Department of Management Sciences.

Separate application to each degree program is required. Applicants must be admitted to both programs before they may be admitted to the joint degree program.

The full-time M.B.A. program requires 60 s.h. of graduate credit, including 31 s.h. of required courses and 29 s.h. of career academy and elective course work. Students complete business foundation (core) courses during their first semester in the program (fall) and advanced core courses, career academy courses, and electives in the remaining three semesters. M.B.A. students must complete MBA:8100 Business Acumen and Career Development, a core course that provides training and experience in and outside the classroom in career advancement, functional development, and professionalism. It also offers skill-building activities for the individual career academies. In addition, students take part in a required Global Learning Opportunity in MBA:8500 Seminar in International Business or an approved alternative in an international location to increase their understanding of the global business environment and its implications for business conduct.

The program's career academies are the framework through which students become experts in a specific business field. Each career academy provides a unique set of curricular offerings as well as academic and professional experiences that include industry projects, interactions with the business community and with alumni, and skill-building activities designed to increase each student's marketability. Before the second semester (spring), students choose one of the following career academies and concentration tracks based on their career goals.

Business Analytics concentration

Corporate Finance concentration

Finance—Investment Management concentration

Marketing Management—Managing Customers, Products, and Brands concentration

Business Analytics Concentration

Students can elect to complete the business analytics concentration. In addition to the required M.B.A. courses, students take the following course work (minimum of 29 s.h.).

MSCI:9060Data Programming in R2
MSCI:9070Data Science2
MSCI:9080Business Analytics in Practice3
MSCI:9110Advanced Analytics2
MSCI:9230Database Systems2
Two electives from the Department of Management Sciences (prefix MSCI); consult business analytics academy director for approval4
Seven additional electives14
Total Hours29

Corporate Finance Concentration

Students can elect to complete the corporate finance concentration. In addition to the required M.B.A. courses, students take the following course work (minimum of 29 s.h.).

ACCT:9030Financial Accounting Standards and Analysis2
FIN:9150Financial Modeling and Firm Valuation2
FIN:9300Corporate Investment and Financing Decisions2
FIN:9310Corporate Financial Strategy2
FIN:9390Putting Finance into Practice3
or FIN:9260 Applied Securities Analysis - Henry Fund II
Two electives from the Department of Finance (prefix FIN)4
Seven additional electives; two must be from a department other than the Department of Finance14
Total Hours29

Finance—Investment Management Concentration

Students can elect to complete the finance—investment management concentration. In addition to the required M.B.A. courses, students take the following course work (minimum of 29 s.h.).

ACCT:9030Financial Accounting Standards and Analysis2
FIN:9150Financial Modeling and Firm Valuation2
FIN:9200Portfolio Management2
FIN:9220Fixed Income Securities2
FIN:9290Alternative Investments and Portfolio Strategies2
FIN:9390Putting Finance into Practice3
or FIN:9260 Applied Securities Analysis - Henry Fund II
Two electives from the Department of Finance (prefix FIN)4
Six additional electives; two must be from a department other than the Department of Finance12
Total Hours29

Marketing Management—Managing Customers, Products, and Brands Concentration

Students can elect to complete the marketing management—managing customers, products, and brands concentration. In addition to the required M.B.A. courses, students take the following course work (minimum of 29 s.h.).

MKTG:9200Field Studies in Marketing3
MKTG:9320Strategic Brand Positioning2
MKTG:9300Applied Marketing Research2
MKTG:9330Product and Pricing Management2
Two electives from the Department of Marketing (prefix MKTG); consult marketing academy director for approval4
Eight additional electives16
Total Hours29

Plan of Study

The full-time M.B.A. program's study plan is as follows.

Plan of Study Grid
First SemesterHours
MBA:8100 Business Acumen and Career Development 2
MBA:8110 Marketing Management 2
MBA:8120 Management in Organizations 2
MBA:8140 Corporate Financial Reporting 2
MBA:8150 Business Analytics 2
MBA:8160 Managerial Economics 2
MBA:8180 Managerial Finance 2
MBA:8240 Operations and Supply Chain 2
 Hours16
Second Semester
MBA:8100 Business Acumen and Career Development 1
MBA:8200 Strategic Business Consulting 3
MBA:8220 Ethics and the Law 2
Academy courses/electives 8
MBA:8300 Foundations in Strategy 2
 Hours16
Third Semester
MBA:8100 Business Acumen and Career Development 1
MBA:8500 Seminar in International Business 3
Academy courses/electives 11
 Hours15
Fourth Semester
MBA:8100 Business Acumen and Career Development 1
MBA:8310 Business Integration 2
Academy course/elective 10
 Hours13
 Total Hours60

Admission

Applicants to the M.B.A. program must submit a complete application file, including the following:

a completed application form and fee;

official transcripts of all undergraduate and graduate course work, which must be submitted to the Office of Admissions by each institution attended;

official scores on the Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) General Test;

the completed supplemental application form with essay responses, a résumé, and a cover letter; and

the names of three people who can provide recommendations.

Applicants whose first language is not English must score at least 100 (Internet-based) on the Test of English as a Foreign Language (TOEFL). In place of TOEFL, the program accepts International English Testing System (IELTS) scores. For information about registering for TOEFL or IELTS and reporting scores to the University, visit English Requirements for M.B.A. Admission on the Office of Admissions website.

The full-time M.B.A. program admits students only for fall entry. Application deadlines are as follows.

International applicants: April 15

U.S. citizens and permanent residents (priority deadline): April 15

U.S. citizens and permanent residents: July 30

Applications received after April 15 are considered on a space-available basis.

The M.B.A. Executive Program requires 52 s.h. of graduate credit. The executive program is conducted at the Pomerantz Center on the University's Iowa City campus and at the Pappajohn Education Center in Des Moines, Iowa; see program locations on the Tippie College of Business website.

Course work for the M.B.A. Executive Program is presented over four semesters. The program begins in mid-August (Iowa City) or in mid-January (Des Moines) with a five-day residency. It continues with classes one day each week on alternating Fridays and Saturdays (Iowa City) or on Friday and Saturday every other week (Des Moines). A second five-day residency is held at the beginning of the second year. Students have a four-week winter break and summers off.

Each entering class progresses through the program as a group. The curriculum includes 18 courses, an international business seminar (11 days during first semester of the second year), and work in study groups that persist throughout the program.

The M.B.A. Executive Program requires the following course work.

Plan of Study Grid
First YearHours
MBA:8110 Marketing Management 3
MBA:8120 Management in Organizations 3
MBA:8140 Corporate Financial Reporting 3
MBA:8150 Business Analytics 3
MBA:8160 Managerial Economics 3
MBA:8170 International Economic Environment of the Firm 3
MBA:8180 Managerial Finance 3
MBA:8330 Seminar in Strategic Management I 1
MGMT:9270 Human Resource Management 3
 Hours25
Second Year
MBA:8240 Operations and Supply Chain 3
MBA:8300 Foundations in Strategy 3
MBA:8310 Business Integration 2
MBA:8500 Seminar in International Business 1
ACCT:9020 Strategic Cost Analysis 3
ACCT:9040 Financial Information and Capital Markets 3
FIN:9300 Corporate Investment and Financing Decisions 3
MGMT:9110 Dynamics of Negotiations 3
MGMT:9130 Strategic Management of Change 3
MGMT:9210 Law and Ethics 3
 Hours27
 Total Hours52

Admission

Admission is limited to experienced managers and executives who want to broaden their management skills without interrupting their professional careers. Applicants typically have seven or more years of postgraduate managerial experience. Previous academic work in business is not required.

The Professional M.B.A. Program (PMBA) is tailored for working professionals building on the synergies of concurrent work and learning. The program prepares graduates to be effective managers and leaders in the global marketplace. The curriculum is designed for students with varied backgrounds, undergraduate majors, and professional experience. Previous course work in business is not required.

Courses are offered each semester during evening hours or weekends at three locations in Iowa: Cedar Rapids at the Tippie College of Business Cedar Rapids Center, Des Moines at the John and Mary Pappajohn Education Center (JMPEC), and the Quad Cities at the Birchwood Fields Learning Center; see program locations on the Tippie College of Business website. PMBA students also may enroll in full-time M.B.A. courses in Iowa City when space is available.

Program requirements include 45 s.h. of credit including a business core of nine courses plus six electives. The core develops competency in general management skills and key functional business areas. The electives contribute to the development of an area of expertise and foster a deeper understanding of management and business practices. Electives are offered in analytics, entrepreneurship, finance, leadership and management, marketing, and operations/supply chain. Students may take part in several global learning opportunities in international locations to increase their understanding of the global business environment and its implications for business conduct and decision making.

Students may earn a professional Certificate in Finance, Leadership, or Marketing while they fulfill requirements for the M.B.A. without taking courses beyond the 45 s.h. required for the degree. In addition, through a separate application, PMBA students also may earn the Certificate in Business Analytics while they fulfill requirements for the M.B.A.

Students can complete the degree requirements in as few as two-and-one-half years or extend their study to as long as 10 years. Most students earn the M.B.A. in about three years, taking two courses each fall and each spring semester and one course during the summer.

Plan of Study

Plan of Study Grid
First YearHours
MBA:8110 Marketing Management 3
MBA:8120 Management in Organizations 3
MBA:8140 Corporate Financial Reporting 3
MBA:8150 Business Analytics 3
Business elective 3
 Hours15
Second Year
MBA:8180 Managerial Finance 3
MBA:8190
Operations Management
or Operations and Supply Chain
3
MBA:8300 Foundations in Strategy 3
Two business electives 6
 Hours15
Third Year
MBA:8160 Managerial Economics 3
MBA:8310 Business Integration 3
Three business electives 9
 Hours15
 Total Hours45

Admission

The PMBA program admits students for entry in summer, fall, or spring; applications are accepted throughout the year. Admission decisions are based on completed application materials, including quality of work experience, undergraduate grade-point average, scores on the Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) General Test, and recommendations. Applicants should have at least one and one-half years of postbaccalaureate professional work experience before admission and must be fully employed in a professional position to be considered for admission.

Applicants whose first language is not English must score at least 100 (Internet-based) on the Test of English as a Foreign Language (TOEFL) or must have a successful admission interview. In place of TOEFL, the program accepts International English Testing System (IELTS) scores. For information about registering for TOEFL or IELTS and reporting scores to the University, visit English Requirements for M.B.A. Admission on the Office of Admissions website.

Admission decisions are made before registration begins for completed applications received by the priority application deadline. Admitted applicants who have met the priority application deadline may request registration for classes on the first registration date. The University must receive completed application materials by the following application deadlines.

Summer session (May): April 30

Fall semester (August): July 30

Spring semester (January): December 15

GMAT/GRE Waiver                                                 

Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) General Test waivers may be granted. The following requirements must met in order to be considered.

The applicant has earned a master’s or terminal degree, including a Ph.D., M.D., J.D., or Pharm.D. from an accredited U.S. postsecondary institution posted on the U.S. Department of Education website. The applicant who has earned an advanced degree from a non-U.S. postsecondary institution will be considered for a waiver by exception.

The applicant must have earned a cumulative g.p.a. of 3.00 or higher on a 4.00 scale (or equivalent) in all graduate work used to fulfill the degree requirements. 

Waivers may be granted when an applicant has significant professional experience and strong academic performance at the undergraduate level or while a pre-M.B.A. student. The following requirements need to be met to be considered.

The applicant has six or more years of postbaccalaureate professional work experience and has demonstrated career progression.

The applicant has earned a cumulative undergraduate g.p.a. of 3.25 or higher on a 4.00 scale with grades of B or higher in two or more quantitative courses, such as algebra or a more advanced course; or a cumulative g.p.a. of 3.00 or higher in a minimum of three University of Iowa M.B.A. courses while in pre-M.B.A. status, including grades of B or higher in two of the following courses—business analytics, managerial economics, corporate financial reporting, or managerial finance.

Enrollment in Courses Before Formal Admission

Individuals who have not yet been formally admitted to the program may request pre-M.B.A. status by submitting their résumé and transcript to the PMBA program for approval. They should have at least one and one-half years of postbaccalaureate professional work experience. Those granted pre-M.B.A. status may enroll in a maximum of five PMBA courses over 12 months, with a maximum of two courses during each 10- or 12-week session and one course during shorter sessions.

Students must take one of the following courses sometime during pre-M.B.A. status.

MBA:8140Corporate Financial Reporting3
MBA:8150Business Analytics3
MBA:8160Managerial Economics3
MBA:8180Managerial Finance3

Credit earned during pre-M.B.A. status is applied to the requirements for the degree once the applicant is admitted to the program.

Joint M.B.A./M.S.: Business Analytics

The joint M.B.A./M.S. in business analytics allows students to pursue two degrees simultaneously, earning both more quickly than they would if the degrees were pursued separately. The Master of Business Administration Program collaborates with the Department of Management Sciences to offer a joint M.B.A./M.S. degree.

Separate application to each degree program is required. Applicants must be admitted to both programs before they may be admitted to the joint degree program. For information about the Master of Science, see the M.S. in Business Analytics section of the Catalog.

The M.B.A. program in Hong Kong ("Hong Kong M.B.A.") requires 45 s.h. of graduate credit. The curriculum is designed for students with various backgrounds, experience, and academic majors who are living in or near Hong Kong or Taiwan. The program does not require previous course work in business.

Students complete the required courses in sequence; most complete the program in 16-20 months. Each course begins with two weeks of online course work followed by two consecutive weekends of classes in Hong Kong and an additional two weeks of online course work. Faculty from the University of Iowa travel to Hong Kong to teach the weekend classes. Some courses offer a video conference option for students living in Taiwan. Students also have the opportunity to study on campus in Iowa City for up to one semester.

The M.B.A. in Hong Kong requires the following course work.

MBA:8110Marketing Management3
MBA:8120Management in Organizations3
MBA:8140Corporate Financial Reporting3
MBA:8150Business Analytics3
MBA:8160Managerial Economics3
MBA:8170International Economic Environment of the Firm3
MBA:8180Managerial Finance3
MBA:8240Operations and Supply Chain3
MBA:8300Foundations in Strategy3
Business electives18
Total Hours45

Admission

Students are admitted to the program year-round. Admission decisions are based on a completed application, which includes a résumé, academic qualifications, an essay, letters of recommendation, and an interview. Applicants must have at least three years of professional-level work experience.

The M.B.A. program in Italy ("CIMBA M.B.A.") requires 52-55 s.h. of graduate credit. The 11-month full-time program is held primarily at the CIMBA campus in Paderno del Grappa, Italy, but the final course is completed on the University of Iowa campus in Iowa City. A two-year part-time program also is available for working professionals living in Italy.

The program focuses on personal leadership development and emphasizes strategic management, consulting, and international business. Students apply what they learn through a consulting project with local and international companies. In addition to the M.B.A. degree, students earn certificates through Kepner-Tregoe in problem solving and decision making, and in project management. The program draws its faculty from the University of Iowa and from institutions across the United States and Europe.

The full-time program admits students only for fall semester entry. Part-time applicants typically start in the fall but may be permitted to begin the program at other times.

The M.B.A. CIMBA program requires the following course work.

MBA:8110Marketing Management3
MBA:8120Management in Organizations3
MBA:8140Corporate Financial Reporting3
MBA:8150Business Analytics3
MBA:8160Managerial Economics3
MBA:8170International Economic Environment of the Firm2
MBA:8180Managerial Finance3
MBA:8240Operations and Supply Chain3
MBA:8300Foundations in Strategy3
ACCT:9020Strategic Cost Analysis3
ENTR:9100Entrepreneurship and Innovation3
FIN:9300Corporate Investment and Financing Decisions3
MGMT:9210Law and Ethics2
MGMT:9120Leadership and Personal Development3
MSCI:9110Advanced Analytics3
MSCI:9120Managing the Supply Chain3
MSCI:9220Introduction to Information Systems3
Electives3-6
Total Hours52-55

Admission

Admission decisions are based on an applicant’s completed application, which includes a résumé, academic qualifications, essays, an interview, and scores on the Graduate Management Admission Test (GMAT) or Graduate Record Exam (GRE) General Test. Applicants must have at least two years of professional work experience.