Master of Business Administration

The FMU School of Business holds the AACSB-International accreditation, which less than 5% of the over 13,000 schools of business in the world have. AACSB accreditation ensures you have the highest quality faculty, curriculum, and unique learning opportunities.

  • 30-hour programs

  • Outstanding faculty who have both work experience and Ph.D.’s in their fields

  • Costs less than comparable programs in the region

  • Program is designed for the working professional that includes both online instruction at your own pace and in-person instruction

  • Nationally accredited by the Association to Advance Collegiate Schools of Business (AACSB) — Same accreditation as much larger universities in our region

Master of Business Administration

Your Path. Your Future. Your Success.

If you are beginning your career the FMU MBA program provides the necessary management and leadership skills to expand your career opportunities.  If you are an experienced professional, the FMU MBA enhances your ability to identify, analyze and solve executive issues within your organization. For all, the FMU MBA provides you with the skills and abilities needed for today’s challenges.

For the student with a business undergraduate degree, the program’s focus upon the application of analytics, ethics, innovation and global awareness will improve your executive management expertise.

Students with diverse undergraduate degrees such as; math, nursing, biology, engineering, and sociology will expand their knowledge and understanding of business concepts and the application of these concepts for executive decision making.

With the goal of stimulating interactive learning and relationship-building, each course is designed by professors who are committed to providing you with an excellent learning experience. All courses are hybrid.

The program is 30 hours and you may start in the spring, summer or fall.

Course Descriptions

MBA 700 - Accounting Analysis

An integrated approach to the use of accounting information to support external and internal users’ decision-making activities. Topics include financial statement format and content; the effects of operating, financing, and investing activities on a firm’s income, financial position, and cash flows; and the use of accounting information for planning, control, and evaluation purposes. The focus is on understanding the differences between the needs of external and internal decision makers and determining what accounting information is appropriate in particular decision contexts.

Offered: Fall
Professor: Dr. Kay Poston

MBA 705 - Economic Analysis

This course provides an appropriate, MBA level course in economic analysis for managers.  Topics include demand and supply, consumer and producer surplus, price ceilings and price floors, short-run and long-run theories of production and cost, perfect competition, monopolistic competition, price discrimination, resource employment, and the foreign exchange market.

Offered: Fall
Professor: Dr. Ben L. Kyer

MBA 710 - Business Analytics

This course will enable decision makers to construct models and analyze decisions using data in today’s business environment. Quantitative methods will be used to construct models with emphasis placed on representing real world problems and gaining insight and understanding of the decision making process. Specific models developed may include, but are not limited to, statistical fundamentals and probability for decision making, linear programming applications, multiple regression and forecasting models, and simulation. The course will be spreadsheet-based.

Offered: Spring
Professor: Dr. Hari Rajagopalan

MBA 715 - Systems Design

Study of problems and issues encountered in managing information systems technology within the firm, including data base management, networking and telecommunications, project management, and systems design and development.

Offered: Spring
Professor: Dr. Allen Smith

MBA 720 - Contemporary Issues in Business

This course provides students with the opportunity to study issues relevant to the changing business environment. Topics and credit hours will vary. This course may be repeated for credit. Three credit hours are required for graduation.

Offered: Summer
Professor: Different MBA faculty members teach depending upon the topic

MBA 725 - Applied Marketing

This course examines the marketing management decision making process. Focus is upon the critical thinking related to the role of marketing within an organization. Topics include customer research, segmentation, target marketing, positioning, the marketing mix, and marketing metrics.

Offered: Summer
Professor: Dr. Kay Lawrimore-Belanger

MBA 730 - Leadership and Management

Examines the philosophy and practice of managing organizations and their people in the context of a rapidly changing environment. Course focus will be upon management and leadership philosophies to managing oneself, others, and groups or organizations. Critical thinking skills will be engaged to determine when to employ different strategies based on common situation and personality types. Emphasis is on application of ideas through case studies, research papers, and in-class or online exercises. International management strategies are reviewed.

Offered: Spring
Professor: Dr. Hubert Setzler III

MBA 735 - Operations Management

All organizations have operations where inputs are transformed into outputs.  Topics typically include the following: forecasting; aggregate planning; inventory management; scheduling of workers, jobs, tasks, or projects; and quality assurance.   Managerial problems are solved through the use of quantitative methods and models.  A manufacturing setting is used for illustrative purposes.

Offered: Fall
Professor: Dr. Elizabeth Sharer

MBA 740 - Applied Corporate Finance

Corporate financial theory and application are studied and then applied in competitive team projects.  The corporate investment decision is addressed, along with working capital management, financial security valuation, costs of raising capital, capital structure decisions, and dividend policy.  Contemporary financial matters and the economic environment, both from domestic and international perspectives, are also addressed.

Offered: Fall
Professor: Dr. Neil Riley

MBA 745 - Strategic Planning

Applying concepts learned in accounting, economics, marketing, finance, management, management science, and statistics through case analysis. Focus on increasing analytical, synthesizing, communicative, and evaluative skills in both individual and group problem-solving contexts. Several cases on multinational firms introduce the international dimension.

Offered: Spring
Professor: Dr. Fred David

**Students who do not have undergraduate business courses will be required to take BUS 605 Business Tools for the MBA.**

BUS 605 - Business Tools for the MBA

This course will provide the fundamental knowledge necessary to enter the MBA curriculum. Subject matter includes foundational accounting, applied statistics, finance, and business software applications.

Offered: Summer
Professor: Dr. Neil Riley

Testimonials

Master of Business Administration

in Healthcare Executive Management

The Francis Marion University Master of Business Administration with a concentration in Healthcare Executive Management offers the foundation for the health care career. This 30-hour program provides an excellent foundation for those who want to enter the field of hospital administration and for those who are currently working in the healthcare field. The AACSB-International accredited Francis Marion University School of Business and the ACEN accredited FMU Department of Nursing provides the skills and knowledge needed to meet the challenges of healthcare management.

This program has the same admissions requirements as the regular Master of Business Administration program and requires 30 hours of graduate courses. The 18 hours required in business subjects are taught by graduate faculty of the FMU School of Business. The 12 hours of healthcare courses are taught by the graduate faculty of the FMU Master of Science in Nursing.

The FMU MBA-HEM program is structured for the working professional. Online instruction gives you the flexibility to balance your career, personal life, and an advanced degree program. Students are required to come to campus for no more than three Saturdays each semester for MBA classes. This allows for more opportunities for interactive learning and relationship building among students and faculty. All APRN courses are online and do not require classroom instructions.

Required Courses

MBA 700 – Accounting Analysis

MBA 705 – Economic Analysis

MBA 710 – Business Analytics

MBA 720 – Contemporary Issues in Business

MBA 730 – Leadership and Management

MBA 740 – Applied Corporate Finance

Plan of Study: Nursing Courses

Fall or Spring Semester
APRN 504 – Health Policy and Leadership (3)

Any Semester (Independent Study)
APRN 713 – Executive Practicum (3)

Summer I Semester
APRN 503 – Advanced Research and Evidence-based Practice (3)

Summer II Semester
APRN 506 – Health Systems and Risk Management (3)

Admissions Requirements

Applications are accepted throughout the year. However, it is recommended that all information be submitted at least two weeks prior to the start of a semester.

It is the applicant’s responsibility to gather all materials to compete his/her application. Only those completed (with all materials) will be reviewed by the School of Business MBA Admission Committee.

The applicant must submit specific information to the FMU School of Business Office. The information may be submitted on-line or by print. The on-line application process is available by using the appropriate links.

The Graduate Application for Admission and non-refundable graduate application fee ($39).


The MBA Admission Committee reviews all application material for evidence of preparation for graduate education in business and for promise of success as a graduate student.  Personal interviews with the Director and/or the MBA Admissions Committee may also be required.

The MBA Admission Committee will review each applicant’s admission material for evidence of competency in the areas of foundational accounting, applied statistics, finance, and business software applications. Competency is typically demonstrated by academic course(s) or professional certificates.  Upon review of the student’s admission material, the MBA Admission Committee may require the graduate foundation course, BUS 605 or appropriate undergraduate course(s) to be completed.

Required Documents

  1. Official transcript(s) of all undergraduate and graduate work from accredited institutions and indicating having received a baccalaureate degree from a regionally-accredited institution.
  2. An official Graduate Management Admissions Test (GMAT) or Graduate Records Examination (GRE) score. At the discretion of the MBA Admission Committee, this GMAT/GRE requirement may be waived for applicants with advanced degrees and/or professional qualifications/certifications (such as CPA, RN). You must contact the Director of the MBA program to request the waiver process. Waivers are not typically provided for work experience.
  3. At least one, but preferably two or more, letters of recommendation. One letter should discuss your academic abilities.Click for on-line submission of information: Electronic request for recommendation
  4. A personal statement, 500 to 700 words in length, indicating one’s career goals and reasons for seeking admission to the MBA program. Click for on-line submission of information: Electronic submission of personal statement
  5. Resume Click for on-line submission of information: Electronic submission of resume
  6. A Test on English as a Foreign Language (TOEFL) score for all international applicants for whom English is not their native language. International students must complete the Click for on-line submission of information: Certificate of Financial Support

All application materials may be submitted to:

MBA Program
School of Business
Francis Marion University
PO Box 100547
Florence, SC 29502-0547

FAQs

Is the FMU MBA program accredited?

Yes!  The FMU School of Business holds the AACSB-International accreditation which less than 5% of the over 13,000 schools of business in the world have. AACSB accreditation ensures you have the highest quality faculty, curriculum, and unique learning opportunities.

How are the courses taught?

The professor’s use of technology to deliver content and manage the course allows the student flexibility in balancing work demands, personal life, and the academic requirements. With the goal of stimulating inter-active learning and relationship-building, each professor designs a program of study for the best delivery of the course. Each class has a minimum of two on-campus Saturday meetings. Some classes require three on-campus Saturday meetings.

How long will it take to earn the FMU MBA degree?

The MBA program consist of 10 courses/30 credit hours. Students typically take two courses each semester for four consecutive semesters, including at two summer terms. No electives are required, and no concentrations are provided.

For some students, the FMU Accelerated MBA schedule is an option. This program allows for four courses per semester and completion of the program within 15 months. Permission must be received from the MBA Admission Committee for the accelerated option.

What is the schedule for Fall 2017?

Monday August 21: Classes begin
Saturday August 26:  On-campus class
Saturday October 14: On-campus class
Saturday December 2:  On-campus class

What is the schedule for Spring 2018?

Monday January 8: Classes begin
Saturday January 13:  On-campus class
Saturday March 10 : On-campus class
Saturday April 21:  On-campus class

How does the MBA Admission Committee evaluate applications?

The MBA Admission Committee reviews all application material for evidence of preparation for graduate education in business and for promise of success as a graduate student.  After a review of the student’s admission material, the MBA Admission Committee may require a personal interview with the Director and/or the MBA Admission Committee. Applicants are not evaluated until all application material has been submitted.

What business foundation courses do I need to start the program?

The MBA Admission Committee will review each applicant’s admission material for evidence of competency in the areas of foundational accounting, applied statistics, finance, and business software applications. Competency is typically demonstrated by academic course(s) or professional certificates.  Upon review of the student’s admission material, the MBA Admission Committee may require the graduate foundation course, BUS 605, or appropriate undergraduate course(s) to be completed.

Are all courses offered every semester?

No. All courses are not offered every semester. It is very important that you consult with the MBA Director concerning your schedule. The following courses are scheduled.


Fall

MBA 700 – Accounting Analysis
MBA 705 – Economic Analysis
MBA 735 – Operations Management
MBA 740 – Applied Corporate Finance
APRN 504 – Health Policy and Leadership


Spring

MBA 710 – Business Analytics
MBA 715 – Systems Design
MBA 730 – Leadership and Management
MBA 745 – Strategic Planning
APRN 713 – Executive Practicum
(offered every semester)


Summer

BUS 605 – Business Tools for MBA

MBA 725 – Applied Marketing
MBA 720 – Contemporary Issues in Business


Summer I 

APRN 503 – Advanced Research and Evidence-based Practice


Summer II

APRN 506 – Health Systems and Risk Management

How is the process for obtaining a waiver for the GMAT or GRE?

Please contact the Director of the MBA program. The GMAT may be waived if you have another graduate degree or professional certificates.

How and when do I register for my classes?

Registration occurs 4-6 weeks prior to the new semester. The MBA Office emails students at their FMU email address with information concerning registration and payment.

What technology do I need for the program?

The School of Business continues to integrate interactive technology into the business curriculum and therefore requires the use of a laptop computer by full-time MBA students at the Francis Marion University.


Specifications

We do not recommend a specific laptop for our students. However, we do recommend a PC rather than a Mac.  Some courses require the use of Microsoft Excel for Windows.  The add-ins used for these courses will NOT work in Microsoft Excel for Mac.

Note: If you are a MAC user, due to compatibility issues, you will need to purchase additional software so you can run the PC version of Microsoft Excel 2010 or higher. The easiest way is to run Microsoft Excel 2010 or higher for the PC on your Mac is to purchase and install VMware Fusion for the Mac OS/X. VMware Fusion 4 will allow you to run a dual boot setup on your Mac computer. Thus, you will be able to choose to boot into your Mac OS/X or Windows OS. Thus, once you have installed VMware Fusion 4, you will be able to install Windows 7  and then install Office 2010 for the PC.


The following laptop specifications are recommended for 2014-2015 academic year:

  • Windows 7 or later version
  • CPU – Core i3 or equivalent, minimum, Core i5 or equivalent, recommended
  • RAM- 4GB minimum, 8GB recommended
  • Hard Drive – 7200RPM SATA or SSD hard drive (with at least 30GB of free space available)
  • External Storage – Flash Drive internal or external USB
  • Ethernet – Integrated Gigabit Ethernet (a wired connection to the Internet is still faster and more stable)
  • Wireless – 802.11 b,g,n
  • USB 2.0 or 3.0
  • Ability to run Microsoft Office 2010 Professional or higher
  • Anti-virus software
  • 2 year on-site warranty service (this is critical)
  • Insurance coverage for both damage and theft (suggested)
  • Must have high speed connection.
  • Must have a headset with noise cancelling microphones

Can I transfer graduate course credits into the FMU MBA program?

Yes, but no more than two, 3-credit hour courses may be transferred.All transient credit must be from a regionally accredited institution and must be verified by an official transcript from the institution at which the graduate study was undertaken. Only courses from AACSB-accredited schools will be considered. Courses must match our curriculum.

What are the learning goals for the FMU MBA program?

MBA graduates will demonstrate knowledge of the core concepts in business and the application of these concepts for executive decision making.
Learning Outcome: MBA graduates will demonstrate knowledge and understanding of business concepts and the application of these concepts for executive decision making.


MBA graduates will demonstrate skills in identifying, analyzing and solving of executive issues.

Learning Outcome: MBA graduates will demonstrate the ability to:

  • identify and understand the managerial question/issue/problem
  • select the appropriate methodology for understanding and analyzing alternative solutions and
  • provide a viable solution.

 MBA graduates will demonstrate the ability to effectively communicate to appropriate audiences.

Learning outcomes:

  • MBA graduates will demonstrate the ability to effectively communicate executive managerial issue verbally to the appropriate audience.
  • MBA graduates will demonstrate the ability to effectively communicate executive managerial issues in written form to the appropriate audience.

 MBA graduates will demonstrate innovation in the executive decision making process.

Learning outcome: Within executive decision making, MBA graduates will demonstrate innovative thought in identifying issues, analyzing situations and developing of viable solutions.


 MBA graduates will demonstrate awareness of ethical issues and incorporate ethical perspectives within the executive decision making process.

Learning outcome: MBA graduates will be able to identify ethical issues, understand the ethical implications of decisions upon stakeholders and utilize ethical standards within managerial decision making.


 MBA graduates will demonstrate comprehension of global influences upon executive business decisions.

Learning outcome: MBA graduates will be able to recognize the global influences upon business decisions and the implications of decisions upon the global environment.

Faculty

Dr. Hari Rajagopalan

Dean of the School of Business, Eugene A. Fallon Professor of Management, Jr. Chair of Production Management

Office: FH 259A
Phone: 843-661-1420
hrajagopalan@fmarion.edu

Dr. Kay M. Poston

Professor of Accounting

Office: FH 247
Phone: 843-661-1476
kposton@fmarion.edu

Dr. Ben L. Kyer

Benjamin Wall Ingram III Professor of Economics, Area Coordinator of Economics

Office: FH 265
Phone: 843-661-1436
bkyer@fmarion.edu

Dr. Neil Riley

WBSC Professor of Financial Management, Area Coordinator of Finance

Office: FH 232
Phone: 843-661-1415
nriley@fmarion.edu

Dr. Fred David

Transouth Professor of Strategic Planning, Professor of Business Administration

Office: FH 261
Phone: 843-661-1431
fdavid@fmarion.edu

Dr. Hubert H. Setzler III

Nellie Cooke Sparrow Professor of Business, Associate Professor of Management, Area Coordinator of Management and ESCEM Accreditation

Office: FH 263 B3
Phone: 843-661-1433
hsetzler@fmarion.edu

Dr. Elizabeth Sharer

Assistant Professor of Management

Office: FH 266
Phone: 843-661-1808
esharer@fmarion.edu

Dr. Kay Lawrimore-Belanger

MBA Director, N.B. Baroody Professor of Marketing, Area Coordinator of Marketing

Office: FH 267
Phone: 843-661-1424
klawrimore@fmarion.edu