The Master of Business Administration in Entrepreneurship is a program designed for individuals interested in developing their entrepreneurial potential. In today's business environment it is essential for leaders to focus on innovative value-based solutions, to develop their creative problem-solving skills and to perceive change as an opportunity. Individuals leading a small, privately held firm, a nonprofit organization or individuals working in larger public corporations will benefit from developing their entrepreneurial leadership abilities.
Students will learn...and experience...entrepreneurship. Through field studies, personal interviews with successful entrepreneurs and acting as consultants to individuals creating new ventures, students apply entrepreneurial thinking. The curriculum, developed in collaboration with successful entrepreneurs and business leaders, is taught with Baldwin-Wallace College's distinctive combination of theory and practical application.
Academic Calendar
The MBA program is designed so that participants can complete the sequence of 12 core and four credit hours of field experiences and seminars in two years (two core courses per semester for six consecutive semesters plus four hours of elective seminars), but the pace at which students proceed through the curriculum is flexible to accommodate individual needs. The core courses run one evening per week, for 12 weeks. Each class meeting is three hours and 10 minutes in duration. The three-week terms for elective seminars are offered in the Fall and Spring semesters.
Location
MBA classes are held on the Baldwin-Wallace College campus in Berea, Ohio. Classes are usually held in Kamm Hall with immediately adjacent available parking.
Requirements for Admission
The central concern of the admission process is to identify and select individuals who will be successful in the program. Therefore, all available relevant information concerning the candidate's background, including academic accomplishments, work experience and community involvement will be considered. All candidates are strongly encouraged to meet with the MBA Program Director as early as possible to discuss their interests and qualifications and the options available to them at Baldwin-Wallace. The admission process includes the following:
· A Bachelor's degree in any field from an accredited institution and submission of official transcripts of previous academic work.
· Relevant work experience, usually two-years.
· An interview with the Program Director is recommended for all candidates.
· An acceptable on the Graduate Management Admission Test (GMAT) is required of all candidates. The GMAT will be waived for candidates who have already received a masters or doctorate degree in another field and individuals earning a cumulative undergraduate GPA of 3.4 or better.
· A completed application either in hard copy or on-line.
· Two letters of recommendation from managers or other persons qualified to assess the applicant's professional or managerial accomplishments and ability to successfully undertake a challenging program of graduate study.
· A current brief resume focused on career and professional development and accomplishments in addition to leadership experiences in both work and community activities.
Final approval for admission to the program will rest with the MBA Program Admission Committee.
Grading
Letter grades given are A, B, C, F, I, T and W. A plus/minus system may be elected by individual instructors. Each grade has the following value in quality points: A+, 4.0; A, 4.0; A-, 3.667; B+, 3.333; B, 3.0; B-, 2.667; C+, 2.333; C, 2.0; C-, 1.667; F, none; I, incomplete; T, a temporary non-accredited grade to indicate work in the course is continuing and is thus far satisfactory, and W, withdrawal with no quality points. No grade of D is awarded. A cumulative GPA of 3.0 is required for graduation. Grades of all classes, including foundation courses, will be used in the calculation of the GPA. The receipt of a third "C" in a core class or an "F" in any class will result in the student's dismissal from the program. A student may petition the Program Director for readmission and such readmission shall be at the discretion and subject to the conditions established by the Director.
An incomplete grade received during a given semester must be completed by a date agreed upon by the instructor but no later than the end of the next semester in which the student is enrolled. If no grade is reported by that time, the grade will be recorded as failure. In unusual circumstances, the instructor may request an extension of the established due date subject to written approval of the Program Director.
MBA students who withdraw from class during the first nine weeks of the semester will receive a grade of "W". Withdrawal after the ninth week may be authorized only in cases of prolonged illnesses, change of employment, or other circumstances beyond the student's control. Lack of academic progress in a course is not sufficient reason for an authorized withdrawal after the sixth week. A written petition must be presented to the Registrar of the College. Petition forms are available in the Registrar's Office. Withdrawal from a course without approval constitutes a failure and the letter grade of "F" is recorded.
Degree Requirements
The student must meet the following for the Master of Business Administration degree:
· Successfully complete any required foundation courses, the sequenced core curriculum, and four hours of elective seminars (minimum of 40 credit hours);
· Attain at least a 3.0 grade point average in total work attempted in the MBA program and a 3.0 grade point average in the 12 core courses of the program.
· Complete all degree requirements within four calendar years of initial registration unless a time extension is granted, in writing, upon petition to the Program Director.
Transfer Credit
Only six credit hours are transferable for credit from another institution. Transfer credit is awarded when:
· the requested credit is an equivalent graduate-level course from an MBA program;
· the student was enrolled as a graduate student when the course was taken;
· the course was graded "A" or "B";
· the course content is compatible with the MBA program at Baldwin-Wallace College (determination of credit is made jointly by the Registrar and the director of the program); and
· the credit has not been counted toward an earned degree.
Tuition Payment
Payment of tuition and fees must be made prior to the first class of each semester. Past due accounts will be assessed a finance charge. Grades, transcripts, and diplomas will not be released to students who have not paid their accounts. The cashier's office will be open from 6:00 p.m. to 8:00 p.m. the first two nights of each semester.
Baldwin-Wallace has several options to help graduate students make paying for their education more affordable. For example, to accommodate the many graduate students who receive tuition benefits from their employers at the end of the term, B-W offers a delayed tuition payment plan called the Tuition Reimbursement Payment Program (TRPP). TRPP allows students to extend the payment due date, at a reasonable rate of interest, until 30 days after the end of the term. TRPP applications and information can be obtained at the Cashier's Office in Bonds Administration Building. In addition, most graduate students who take at least three credits in a given semester are eligible for financial aid through the Federal Stafford Loan program. A Stafford Loan is a low-interest rate loan whose repayment period does not begin until six months after the borrower ceases to be enrolled for at least three credits. More information about Stafford Loans can be found at the Financial Aid Office, which is also in the Bonds Administration Building. Finally, the MBA Program is fully approved for veterans' educational benefits.
Any special payment arrangements must be made with the approval of the Bursar.
Refund Policy
Students who withdraw from a course will receive a refund of their tuition payment in accordance with the following table:
|
Time of Withdrawal |
Refund |
|
Prior to 1st Week |
100% of full tuition |
|
1st Week |
99% of full tuition |
|
2nd Week |
90% of full tuition |
|
3rd Week |
70% of full tuition |
|
4th Week |
50% of full tuition |
|
5th through 8th Week |
25% of full tuition |
|
| |
|
Time of Withdrawal |
Refund |
|
Prior to 1st Week |
100% of full tuition |
|
1st Week |
50% of full tuition |
|
2nd Week |
25% of full tuition |
|
3rd Week |
no refund |
