University of North Alabama MBA
Prerequisites
Students must demonstrate a satisfactory background in the following topics: accounting principles; economic principles; statistics and quantitative methods; financial management; management principles and marketing principles.
UNA has a variety of ways that these prerequisites can be met, including non-credit competency courses and challenge exams. These options allow students to complete the required prerequisites more quickly and economically.
TABLE 1: MBA Prerequisite Options| Required Competency Area | Typical Undergraduate Prerequisites | Pass Challenge Examination | Competency- based Non- Credit Course |
|---|---|---|---|
| Accounting (AC 291 & 292) |
Principles I Principles II |
Yes | Accounting Fundamentals |
| Economics (EC 251 & 252) |
Principles I Principles II |
Yes | Economics Fundamentals |
| Finance (FI 393) |
Financial Management | Yes | Financial Management Fundamentals |
| Statistics (QM 291) Quantitative Methods (QM 295) |
Statistics I Business Calculus |
Yes | Fundamentals of Statistics and Business Mathematics |
| Management (MG 330) |
Principles of Management | Yes | Management Fundamentals |
| Marketing (MK 360) |
Principles of Marketing | Yes | Marketing Fundamentals |
Options for Fulfilling MBA Prerequisites at UNA
I. Prerequisite (foundation) Courses Required
An evaluation of your official transcripts will be made during the admission process. You will be given credit for prerequisite courses which you have already completed (with a grade of C or better) at the collegiate level during your undergraduate studies. The prerequisites required of all students seeking an MBA are:
- AC 291 Accounting Concepts I (Principles of Financial Accounting)
- AC 292 Accounting Concepts II (Principles of Managerial Accounting)
- EC 251 Principles of Macroeconomics
- EC 252 Principles of Microeconomics
- FI 393 Financial Management
- MG 330 Principles of Management
- MK 360 Principles of Marketing
- QM 291 Statistical Process Control
- QM 295 Quantitative Methods in Business and Economics (Calculus I can be substituted.) [Note: This goes beyond the second traditional statistics course]
II. Prerequisites can be completed through the following options.
- Completion of the required undergraduate course at UNA.
- Completion of a preapproved equivalent course at another university and transferred to UNA. [This can be validated ONLY by an official transcript from the school attended showing completion of the course with a grade of C or better.]
- Waiver by passing an assessment test through the continuing education department at UNA with a score of 80% or better. The cost of the challenge exam is $20 each. To apply for a challenge exam, please go to http://www.una.edu/continuing-studies . Please contact the Department of Continuing Studies and Outreach at 1-800-TALK UNA, ext 4862 if you have further questions.
- Waiver by completing an online competency course through the continuing education department at UNA and successfully passing the assessment test with a score of 80% or better. The cost of the each competency course is US $300 each. This payment allows the student to take the exam two times. To apply for a competency course, please go to http://www.una.edu/continuing-studies. Please contact the Department of Continuing Studies and Outreach at 1-800-TALK UNA, ext. 4862 if you have further questions.
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