Master of Business Administration (MBA) Program
Overview
The Master of Business Administration (MBA) program explores the crucial knowledge and skills required for professionals in business, economics, finance, marketing and other fields. The focus is on theoretical understandings and their practical application in the workplace that meets the needs of professionals in a rapidly changing business and management landscape. The program offers an in-depth examination of current thinking, theories, models, issues and practices that contribute to the transformation of business and management organizations.
Length
12 months
Students start a new course at each start date, completing 2 courses at a time with the exception of the first and last four weeks of the program.
Learning Outcomes
The program aims to provide professionals with the credentials to lead organizations in the public and private sectors. The program prepares professionals to think beyond their setting and to adapt to the global economy. Upon completion of the program, participants will be able to:
- Examine the underlying concepts, principles, and theories related to the functioning of business organizations
- Apply the knowledge and skills acquired in explaining the management of business organizations
- Evaluate the challenges in managing business organizations from diverse cultural environments
- Synthesize research findings and case studies and their application in the identification and solution of problems in a variety of business and management contexts in the region
- Recognize how cross-cultural differences, policies, and regulations affect and impact the ways of doing business in different parts of the world
- Effectively lead, spur innovations, analyze and solve problems while taking cognizance of ethics and sustainability
- Demonstrate managerial and leadership qualities through communicating and working effectively
- Acquire business research skills to undertake business research to facilitate business problem identification and solution
Program Structure
The rigorous and dynamic curriculum of the MBA is designed to afford students mastery in the academic disciplines and applied functional areas critical for business success today. The program is made up of ten (10) courses, incorporating eight (8) core courses, one (1) specialized pathway course, and one (1) Capstone Project as shown in the following diagram.
MBA COURSES | SEMESTER CREDIT HOURS | |
1 | Strategic Management | 3 |
2 | Marketing Management | 3 |
3 | Cross-Cultural Management | 3 |
4 | Finance for Managerial Decision Making | 3 |
5 | Project Management | 3 |
6 | Human Resource Management | 3 |
7 | Business Innovation and Creativity | 3 |
8 | Business Ethics and Corporate Governance | 3 |
9 | Business Research Methodology | 3 |
10 | CAPSTONE PROJECT | 3 |
TOTAL CREDIT HOURS | 30 | |
Course Descriptions
Students are required to complete ALL ten (10) courses:
Strategic Management (3 semester credits)
In today’s business environment, it is critical to understand fundamental business-level strategies for deploying resources, the role of corporate-level strategies in setting the activities and boundaries of the firm and its strategies for competing internationally, as well as the challenges associated with implementing such strategies.
Strategic management is the continuous planning, monitoring, analysis, and assessment of all that is necessary for an organization to meet its goals and objectives. The course examines how managers effectively analyze the internal and external environment in which the organization competes and identifies key resources and capabilities that can be leveraged to create a competitive advantage.
As expectations regarding the role of business in society continue to shift, managers must be aware of salient objectives that extend beyond increasingly dated notions of maximizing shareholder value. This course introduces students to these and other related strategy activities and provides them with the tools necessary to analyze the relevant elements of the business environment and develop effective management strategies.
Marketing Management (3 semester credits)
The Marketing Management course examines marketing from a value proposition perspective; helping learners understand marketing, along with the processes through which organizations analyze, plan, and implement marketing programs. Marketing is critical for the long-term success of any organization because this function ensures that it attracts, retains, and grows customers by creating, delivering, and communicating superior customer value. Students will learn about the marketing process and the range of marketing decisions that an organization must undertake to sell its products and services.
Cross-Cultural Management (3 semester credits)
Cross-cultural management is necessary to give the student exposure to definitions and concepts of culture and cross-culture interactions in an increasingly connected and global environment. It also provides an in-depth view of communication across culture, negotiation across culture, the dimension of managerial style influenced by culture, the leadership across culture, and motivation across culture, which are key areas in business management.
In this course, the student will be able to understand how to manage all differences and attempt to minimize gaps across cultures in business interactions across cultures.
Finance for Managerial Decision Making (3 semester credits)
Managers must have a basic understanding of finance to be effective. The Finance for Managerial Decision Making course helps students to internalize the concepts and theories of corporate finance that underlie the techniques offered as aids for the understanding, evaluation, and resolution of financial management problems. This course covers the building blocks of financial management that are of primary concern to managers, and all the considerations needed to make financial decisions both inside and outside the organization. The focus is on how to read financial statements, the benefits of financial forecasting, and understand issues related to cash flows of organizations, stock valuations, securities markets, derivatives, hedging, dividend policy, and assessment of risk. Also discussed are ways to optimize an organization’s working capital, as well as the motives and implications of mergers and acquisitions.
Project Management (3 semester credits)
The Project Management course introduces students to the concepts and skills of project management. As business managers or leaders, project management knowledge and skills will contribute significantly to the competencies and performance in the context of managing and leading organizations. Students will learn how to critically examine projects to determine the applications, tools, and techniques to use in the planning process to achieve the desired outcomes. The full processes from the concept stage until project closure including documentation will be covered in this course.
Human Resource Management (3 semester credits)
Human Resource Management is best defined as “the policies, practices, systems, and work culture that influence employee’s behavior, attitudes, and performance.” This course is designed to acquaint students with best practices for leveraging the competitive value of human resources in organizations. Students who intend to pursue a career in management must be concerned with the concepts and techniques needed to carry out the complicated “people” aspect of their jobs. HRM is an essential component of every organization’s success. This course is designed to provide both a conceptual and pragmatic understanding of the Human Resource functions including, Developing and Implementing Human Resource Plans, Diversity and Multi-culturism, Recruitment and Selection, Compensation and Benefits, Talent Retention and Motivation, Learning and Development, Occupational Safety and Health.
Business Innovation and Creativity (3 semester credits)
Innovation and creativity are central to achieving business growth and competitiveness. However, success requires having good ideas, along with the capability to manage the process of innovation and entrepreneurship. The Business Innovation and Creativity course assists students in understanding how creativity and innovation promote sustainable business. Students will explore the application of creative problem-solving and the process of creativity and innovation with an emphasis on the role of team leadership and management and their influence on corporate culture. Additionally, students will become familiar with the tools and processes that businesses use to recognize opportunities, find resources, develop ventures, and create value from their business ideas through the review and analysis of relevant case studies.
Business Ethics & Corporate Governance (3 semester credits)
This course examines ethical issues and responses of enterprises to social demands and expectations about responsible business behavior. It outlines the current discussion, dilemmas, and trends regarding corporate responsibility, regulation, and corporate governance. In particular, it considers changes in regulations and societal expectations about the role of the modern corporation, outlines the need for redefining the purpose of the business, and examines strategies for aligning the enterprise with societal demands.
Business Research Methodology (3 credits)
An understanding of business research methodology is needed for sound, evidence-based managerial decision-making. Increasingly, it is becoming an essential and valuable skill for business managers and leaders. This course equips students with the skills to both prepare for and undertake business research systematically and effectively. The course covers the necessary skills and requirements for research problem identification, literature review, research processes, qualitative and quantitative data interpretation, research ethics compliance, as well as how to complete a research proposal.
Capstone Project (3 credits)
The Capstone Project bridges academic study, professional experience, and personal business and management interests in the culmination of the MBA journey. It is designed to put theory into practice, by researching a personally meaningful and strategic business question and conducting analysis using the skills and knowledge gained from the MBA program. The Capstone Project enables students to synthesize the information learned from their MBA program, serving as an opportunity to demonstrate their understanding of business principles and practices, as well as the program learning outcomes. Students are empowered to choose a personally relevant topic, conduct research, and undertake data collection and analysis. Students will submit a written report and complete a presentation of their project and findings.
Master of Business Administration (MBA)
Tuition and Other Fees | Amount (USD) |
Tuition Fees for All Courses in MBA Program | $ 5,400 |
Tuition Fee (after 70% Discount) | $ 1,620 |
Tuition (per 3 credit hour course) includes library and proctoring fees | $ 162/course |
Books and Materials Fees* (Estimated) | $ 50 – $ 100/course |
Total Projected Cost of the Program with Books & Materials | $ 2,120 – $ 2,620 |
Total due to RCU | $ 1,620 (Maximum) |
Tuition and fees are listed in U.S Dollars (USD).
*Required books and materials may be purchased through the student’s preferred third-party bookseller. RCU does not provide books and materials to students or operate a bookstore.
Payment Schedule:
Tuition is due upon enrollment. Students may pay in full via credit card or Wise.
Alternatively, the student may arrange an installment payment plan with RCU.
Payment plans are a separate contract executed by RCU and the Student.
Charges posted to the student’s account are due per the specified terms.
Truth in Lending Act (TILA)
- Robert Cavelier University is not a Private Education Lender and complies with all Truth in Lending Act (TILA) Regulation Z disclosures.
- No interest rate or fees are charged for entering into the course-by-course tuition payment plan. There are no prepayment penalties for making early payments or for paying off the balance of a payment plan before its due date.
Cancellation and Refund Policy
- Students may cancel their enrollment at Robert Cavelier University at any time. A student’s notification of cancellation may be conveyed to the institution in any manner. A student has five (5) calendar days after signing an enrollment agreement or similar contractual document to cancel enrollment and receive a full refund of all monies paid to the institution.
- A student requesting cancellation more than five (5) calendar days after signing an enrollment agreement, but before beginning a course or program, is entitled to a refund of all monies paid.
- Upon cancellation, a student whose costs for education are paid in full, but not eligible for a refund, is entitled to receive all materials including kits and equipment.
- Tuition will be refunded per the table below. Tuition for courses that have not been started will be refunded in full. There is no tuition refund for courses and/or terms that have been completed.
| Length of Term | Tuition Refund Amount | |
| 8 Weeks | 1st Week | 80% |
| 2nd Week | 60% | |
| 3rd Week | 40% | |
| 4th Week | 20% | |
| 5th Week | 0% | |
Any refund due to a student will be paid in full within 30 days.
Refund Calculation Example
The refund amount for a student (who paid the tuition of $324 @ $162 per course, 2 courses per term) withdraws from all courses of the MBA program during the 3rd week of the term, the student would be eligible to receive a 40% refund of the term’s tuition. In this situation, the following calculation will apply:
RCU Retains | Amount (USD) |
Tuition fee per term ( 2 courses @ $162 per course) | $324 |
Portion of tuition for current course (Withdrawal in Week 3 of 8 Week Term) | $194.4 (324 x 0.6 =194.4) |
Total Retained by RCU: | $194.40 |
Student Refund Amount | Amount (USD) |
Portion of tuition refund for the current course (Withdrawal in Week 3 of 8 Week Term) | $129.6 (324 x 0.4 =129.6) |
Total Student Refund Amount: | $129.60 |
Refunds on books and materials are subject to the terms of the retailer from which they were purchased (ex: Amazon). The student refund amount is applied to any balance on the student’s account. Any and all money due to the student is refunded to the student within 30 days after the withdrawal.
Admission Requirements
Robert Cavelier University strives to enroll all qualified applicants who have the desire to learn about business administration, to begin or enhance their career potential, and the commitment to engage in distance education.
Master of Business Administration
Applicants for admission must be at least 21 years of age and provide proof of having completed a bachelor’s degree from an appropriately accredited institution, as verified through official documentation. Applicants must provide an official government ID to prove their residency and identity. Additionally, international students may be required to provide proof of English language proficiency and/or an evaluation of an official transcript.
Admissions Procedure
Robert Cavelier University accepts applications on an ongoing basis. Applications are reviewed upon receipt of all required documentation. Complete applications received before the deadline are evaluated for the next term start date. Incomplete applications cannot be evaluated for admission. Applicants are advised to ensure that all required elements are included with their applications to avoid a delay in the admissions process.
All applicants must submit:
A completed Application Form
Official transcripts* verifying the completion of a bachelor’s degree from an institution accredited by an agency recognized by the US Department of Education, CHEA, or listed on the World Higher Education Database (WHED) Portal
Degree Certificate
An updated resume
A close-up copy of an official government photo ID or passport
Additional requirements for international students:
Transcripts not in English: Transcripts that are not in English must be translated into English and evaluated by an approved third party recognized by the National Association of Credential Evaluation Service (NACES). Robert Cavelier University’s preferred provider are World Education Services (WES) and Validential, which provides discounted pricing for students and applicants. They may also be evaluated by a trained transcript evaluator fluent in the language on the transcript. Evaluators must possess expertise in the educational practices of the country of origin and must include an English translation of the review. All translated materials must be official.
International Transcript Requirements: To be accepted, an official transcript for a degree program completed in a country other than the U.S. must include the following information.
The type of degree completed (bachelor’s, master’s, or doctorate).
The date when the degree was conferred.
A list of all courses along with the corresponding credits (or units) and the grades earned.
A legend with the grading scale and the key to reading the transcript.
Signature by the appropriate university official.
If the official transcript does not include one or more of the characteristics described above, students are required to obtain an official US degree equivalency evaluation from an organization recognized by the National Association of Credential Evaluation Services (NACES). Robert Cavelier University’s preferred provider are World Education Services (WES) and Validential.
3. Proof of English Language Proficiency: Passing an English language proficiency exam is required of applicants whose native language is not English. The only exception is for applicants who have earned a degree at an appropriately accredited institution where English is the principal language of instruction.
For admission, non-native English speaking applicants must score at or above the following levels in one of the following English language proficiency tests:
TOEFL Paper Based Test (PBT): minimum score of 60 required.
TOEFL Internet-Based Test (iBT); minimum score of 71 required.
International English Language Test (IELTS); minimum score of 6.5 required.
Pearson Test of English Academic Score Report; minimum score of 50 required.
Duolingo English Test; minimum score of 100 required.
4-skill Michigan English Test (MET); minimum score of 55 required.
Michigan Examination for the Certificate of Competency in English (ECCE); minimum score of 650/LP required.
Michigan Examination for the Certificate of Proficiency in English (ECPE); minimum score of 650/LP required.