St. Mary's University
A CATHOLIC AND MARIANIST LIBERAL ARTS INSTITUTION
Bill Greehey School of Business

Master of Business Administration

The Greehey M.B.A.:
the M.B.A. for values-driven leaders

Students in The Greehey M.B.A. program are leaders transforming their enterprises, institutions and communities by positively transforming themselves.

An 18-month, cohort-based program
Small class sizes afford each student personalized attention, one-on-one faculty interaction and the opportunity for peer-to-peer mentoring.

Self-assessment exercises, goal-setting activities and individual and group projects provide just the right context for learning, application and practice. In the process, students develop close working relationships that will benefit them and their organizations throughout their careers.
Course schedules that accommodate working professionals
In the Values-driven Leadership Lab (or V-Lab) held on selected Saturdays throughout the semester, students take field trips, discuss case studies and hear from faculty and outside subject matter experts. The V-Lab also focuses on developing advanced behavioral skills such as conflict resolution, talent leveraging, teamwork and personal branding skills that distinguish top performers in business.

"I want our students to look back on their M.B.A. as an experience that separates the life they lived before entering our program from the ever-expanding circle of self-understanding, purpose and opportunity that comes after they graduate. That is a tall order, but anything less falls short of our tradition and mission at St. Mary's."
Career Essentials
Modular activities give students executive training in areas such as internal audit, employee engagement, enterprise risk management and corporate communications essentials that every graduate business student needs to understand in order to be effective and successful at work.
A built-in, concentrated international experience
Today, every facet of business is touched by the global economy, and no professional can operate successfully without an understanding of this context. The Greehey M.B.A. program takes students to global destinations for a concentrated learning experience during which they are exposed to diverse business cultures and learn from local experts. In addition, the length of the trip is short enough to fit within the average professional's allotted vacation time.
Wait-list and post-graduate support activities
St. Mary's believes that education begins the moment a student is accepted and lasts a lifetime. Students on The Greehey M.B.A. wait list can begin to form relationships with other students and start transforming their careers before they ever step foot in a classroom. Graduates of the program remain part of the St. Mary's family for lifelong learning opportunities, whether they are invitations to networking events or other value-added activities.
Internship and practicum
Whether the student has three years of work experience or 20, the M.B.A.'s required internship or practicum gives the student a definitive edge in socially responsible business with the experience to back it up. Opportunities include working in for-profit, not-for-profit and nongovernmental organizations; on-site or virtually; and in either an employment or consultative context.

The Greehey M.B.A. for values-driven leaders seeks to develop competent individuals for responsible leadership positions in any organization or enterprise in the context of ethical leadership, corporate social responsibility, sustainability and social entrepreneurship. An M.B.A. track also is available in Professional Accountancy.


St. Mary's M.B.A. program celebrated its 50th anniversary in 2009, and the business school is the third-oldest business school in Texas. Our M.B.A. program is currently ranked by the Princeton Review as one of the top 300 business schools in the U.S., and the Bill Greehey School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB). Fewer than six percent of business schools in the world are accredited by the AACSB International.

Admission

Regular admission allows a student to pursue the Greehey M.B.A. through an 18-month cohort-based program of study. Cohorts begin in the fall semester of each year.

Requirements:
  1. Meaningful work experience
  2. An undergraduate degree from an accredited institution
  3. A telephone or campus interview with the program Director
  4. A minimum GMAT score of 525 or an equivalent GRE score
  5. An acceptable undergraduate GPA
  6. Letters of reference and a current resume
  7. International residents must meet additional requirements as described in the international student section.
The GMAT is a basic aptitude test and does not require previous knowledge of business subjects. For additional information related to the GMAT please click here. For scheduling options for this online test please click here.

How Much Does It Cost

Sometimes, it all boils down to one question: how much does it cost? When considering an M.B.A. program, you have a lot of options. We believe our costs are competitive, and know you ll receive an outstanding education.

Graduate tuition for the 2012-13 academic year is $715 an hour. The international study fee is $2,500 payable in two equal installments of $1250 in the fall and spring of the first year. The costs for the international study course are assessed as a separate fee from tuition. For other fees and other costs, go to the Business Office website.

International Students

International students must satisfy the general requirements and prerequisites for the MBA program and report a minimum GMAT score of 525 or an equivalent GRE score.

In addition, international students also must provide evidence of English-language proficiency by achieving a minimum TOEFL score of 570 (paper), 230 (computer) or 80 (Internet). A minimum score of 6.5 on the IELTS English-language proficiency test (Academic or General) also will be accepted. IELTS is jointly owned by the British Council, IDP: IELTS Australia, and the University of Cambridge ESOL Examinations. IELTS information is available at www.ielts.org.

Degrees granted by international (non-U.S.) institutions are subject to review to determine equivalency with a U.S. undergraduate degree. In some cases, students may be required to complete an additional year of study to achieve equivalency.

International students must provide proof of financial support in the form of a certified financial statement and certification from the bank, agency or individual that retains the funds. The amount of funds available must be specified. Approximately $30,000 for the 18-month Greehey M.B.A. is the minimum amount required or $27,000 per 12-month period for the M.B.A. Professional Accountancy track are the minimum amounts required.

Students who are granted regular admission status must meet all standards at the time of admission. In highly unusual circumstances, the Graduate Admissions Committee of the Bill Greehey School of Business may recommend that the Graduate Council of the Graduate School authorize an exception to the standard.

Applicants also may be admitted under conditional, special or audit status. These additional admission statuses are described in the graduate catalog.

The GMAT, required by most AACSB International accredited graduate schools of business is a basic aptitude test and does not require previous knowledge of business subjects. Additional information related to the GMAT can be found at www.gmac.org. Scheduling options for this online test can be found at www.vue.com.

M.B.A. Courses

The Greehey M.B.A. consists of 10 courses (30 credit hours) and a comprehensive project.

The M.B.A. with a concentration in Professional Accountancy consists of 10 courses (30 credit hours) and a comprehensive exam.

Note: All M.B.A courses must be completed with a cumulative G.P.A. of 3.0 or higher. A student can complete no more than two courses with a minimum grade of B-. Any courses completed with a grade of less than B- must be retaken.

For more information, please see the course catalog.

The final capstone course requires the integration of all newly developed business knowledge, skills and competencies. The program also allows faculty and external subject matter experts to tailor curriculum in ways that address current issues and events that reflect their areas of expertise.

After prerequisite knowledge requirements have been satisfied, a student will complete The Greehey M.B.A. in 18 months, through classes offered in the evenings; on selected Saturdays study during the first 12 months; and in the summer during an internship or practicum and international study experience. In most instances, a student holding an undergraduate degree in business from an AACSB-accredited institution will have completed all prerequisite knowledge requirements.

Primary Components
  • Foundation or Core Courses
    • MBA Survey - opening and closing
    • BA 7355 Accountancy for Decision Making
    • BA 7365 Financial Management
    • BA 6375 International Business Core
    • BA 6385 Marketing Management Core
    • BA 7325 Management of Information Technology
    • BA 7332 Values-driven Leadership Lab
    • BA 7375 Internship or BA 7300 Practicum
    • BA 6300 International Field Study*
    • BA 9375 Leaders, Strategy and Society (Capstone)
During the summer term of the cohort, students will take an international trip which lasts approximately seven to 10 days. The trip is intended to provide an educational immersion experience in the context of international business.

Greehey M.B.A. for Values-Driven Leaders

The Greehey M.B.A. is a lock-step cohort-based program of study that requires 30 credit hours and 18 months to complete.

MBA Courses (30 semester hours):
  • BA 7332 Values Driven Leadership Lab
  • BA 7355 Accounting for Decision Making
  • BA 7365 Financial Management
  • BA 6375 International Business Core
  • BA 6385 Marketing Management Core
  • BA 7325 Management of Information Technology
  • BA 6300 International Field Study
  • BA 7375 Internship or BA 7300 Practicum
MBA Capstone Course (3 semester hours)
BA 9375 Leaders, Strategy and Society [MBA Capstone Course (3 semester hours)]

Professional Accountancy

The professional accountancy track replaced the former Master of Accounting program in 2006. It requires 12 semester hours of MBA Foundation courses plus 18 semester hours of graduate-level accounting courses (plus 33 hours of additional undergraduate accounting prerequisite courses as noted). Students in the Professional Accountancy track are not required to take BA6365 (Accounting and Finance Core).

This track is designed consistent with requirements of the American Institute of Certified Public Accountants to prepare students for professional certification by providing them with the coursework and hours of college credit required by the Texas State Board of Accountancy before a student can file an application for the CPA Examination in the State of Texas.

Candidates for the CPA Examination in the State of Texas must meet all of the following educational requirements before an application for the exam can be filed with The Texas State Board of Public Accountancy (the Board):
  • Earn a baccalaureate or graduate degree conferred by an accredited institution of higher education recognized by the Board.
  • Successfully complete at least 150 semester hours of college credit.
  • Successfully complete at least 30 semester hours of upper division accounting coursework beyond the first two semesters of elementary accounting as defined by the Board. At least 15 of these hours must result from physical attendance at classes meeting regularly on the campus of any institution.
  • Successfully complete at least 24 semester hours of upper division business coursework as defined by the Board (effective 1 July 2005, the coursework must be classified as upper division courses).
  • Successfully complete a 3 semester hour ethics course that includes ethical reasoning, integrity, objectivity, independence and other core values as defined by the Board (effective 1 July 2005).
Successfully completing the Professional Accountancy track requirements described below will enable a student to apply to sit for professional certification exams that they may ultimately gain professional certification either as a Certified Public Accountant (CPA) or a Certified Management Accountant (CMA). For information related to the CMA examination, visit their website.

For course information, please see the Professional Accountancy concentration section of the course catalog.

Combined (4+1) Professional Accountancy Degree Program

The combined (4+1) degree program is designed to enable highly motivated and highly qualified students to complete their undergraduate and graduate degrees at St. Mary's University in 5 years. The following provides information related to the combined (4+1) degree programs available through the Bill Greehey School of Business and the School of Science, Engineering and Technology.

Admission Process

Students must apply for admission to the M.B.A. program during their junior year and attain a minimum score of 525 on the GMAT or 1120 on the GRE.
  • Students are admitted conditionally until they receive their undergraduate degree.
  • During their final undergraduate year, students admitted into the M.B.A. program under the combined (4+1) degree program will be advised by their regular major advisor and the M.B.A. director.
  • Conditional admittance will revert to regular admission if the student has maintained a B average on all graduate work completed and they receive their undergraduate degree.
Undergraduate students conditionally admitted to the M.B.A. program are allowed to take up to 6 hours of M.B.A. core courses in each semester of their senior year. Until they are awarded the undergraduate degree, students will pay the undergraduate tuition rate and retain their financial aid status. This means the University provides students with a discount on 12 of the 30 hours of graduate courses required for the M.B.A.. Upon receipt of the undergraduate degree and completion of 12 hours of M.B.A. core courses, students enrolled in the combined degree program must complete only 18 additional hours of M.B.A. courses to receive the M.B.A. degree.

Satisfying Prerequisite Knowledge Requirements
To satisfy the M.B.A. program's prerequisite knowledge requirements in micro and macro-economics, managerial and financial accounting, marketing, finance, information systems and statistics required by the M.B.A. program,
  • Students in the engineering management (EM) degree program should take EC2301 and EC2303 to satisfy the 6-hour social science requirement and must complete the relevant courses in the 39-hour EM core before they can enroll in M.B.A. courses. A minimum grade of C is required for all courses used to satisfy prerequisite knowledge requirements.
  • Students enrolled in the Bill Greehey School of Business must complete the relevant courses in the undergraduate business core before they can enroll in M.B.A. courses. A minimum grade of C is required for all courses used to satisfy prerequisite knowledge requirements.
Student Course Loads
Undergraduate students majoring in business or engineering management are required to successfully complete 18 hours per semester of undergraduate courses each semester through their junior year. During their senior year, students will register for 18 hours each semester: 12 semester hours of undergraduate work and 6 hours of M.B.A. core courses each semester. Students can reduce the 18-hour load required in most semesters by taking classes during summer sessions. If a student's program requires more than 129 hours (international business and engineering management), they must take from 3 to 7 additional semester hours during summer sessions to complete the undergraduate degree in four years. During the two semesters of full-time graduate work, all students would register for 9 hours each semester.

Five-Year Course Schedule
This illustrates how an undergraduate student majoring in business can complete 129 undergraduate hours and 12 graduate hours during their first 4 years at St. Mary's; the remaining 18 hours required for the M.B.A. are completed during year 5. It assumes the student does not attend summer school. Students majoring in engineering management can substitute engineering and university core courses for those shown to determine a similar schedule.

Scholarship Resources

The Bill Greehey School of Business from time-to-time has scholarships available to M.B.A. students. However, scholarship assistance is not available to students already receiving employer reimbursement or who enroll under special pricing based on active-duty military or civil service.

General requirements for scholarship consideration include the following:
  1. Undergraduate degree in business from an accredited institution with an undergraduate GPA of 3.0 or higher.
  2. Previously satisfied all prerequisite knowledge requirements if the undergraduate degree was not in business.
  3. A minimum GMAT score of 525, minimum GRE score equivalent to a GMAT or minimum LSAT score of 152 (JD/MBA students only)
  4. Recommendation from employer or business school dean
  5. Resume of experience
  6. An approved application for regular admission as an M.B.A. student
  7. International students should meet minimum English Language Proficiency scores as detailed in the International Student section.link text here...
  8. Students approved for a scholarship must maintain a minimum GPA of 3.0 (with no grade less than B) to maintain their scholarship and must provide 10 to 12 hours weekly as a research assistant during the term of their scholarship.
For additional information related to graduate assistantship and scholarship requirements and to receive a scholarship application form, contact the M.B.A. Program Director at ebroughton@stmarytx.edu.

Full scholarships requiring research assistantships may be available for students who have exceptional credentials. For information on other scholarships that may be available, contact the M.B.A. Program Director at ebroughton@stmarytx.edu.

Other Part-time M.B.A. Scholarships and Graduate Assistantships Available

Official M.B.A. Guide Scholarship

Each year the Official M.B.A. Guide awards a $1,000 scholarship to a student who enrolls in an M.B.A. program offered by a university listed in the Official M.B.A. Guide data base. The scholarship recipient is selected from all prospective M.B.A. students who satisfy the criteria described below.

The Official M.B.A. Guide is a free public service designed to help students find the M.B.A. program that best suits their needs. Since 1997, the Official M.B.A. Guide has listed more than 2,000 M.B.A. programs worldwide. Visitors can limit their search to full-time, part-time, executive, distance-learning, and accelerated M.B.A. programs, as well as geographic regions, field concentrations, and much more.

To qualify for the annual scholarship, visitors must register with the Official M.B.A. Guide, and complete the demographic, academic, and work experience portions of the registration form. Personally-identifiable information provided to the Official M.B.A. Guide is kept strictly confidential and is not disclosed to anyone. Scholarship winners must be enrolled or accepted into an M.B.A. program within a year of selection. The scholarship is paid directly to the school on behalf of the recipient.

For more information, contact the Official M.B.A. Guide at admin@officialMBAguide.org.

AAUW Scholarship Information

The San Antonio Branch of the American Association of University Women offers scholarships to assist women to complete a graduate degree.
Jack Kent Cooke Scholarship Foundation

Find information at www.jackkentcookefoundation.org.

NSHMBA Scholarship Program
The National Society of Hispanic MBAs has established a scholarship to assist qualified Hispanics to pursue the Master's in Business Administration (M.B.A.) degree. Scholarship recipients are selected on the basis of academic achievement, work experience, financial need, personal statement of goals and aspirations, community service, letters of recommendation, and NSHMBA ambassadorship.

Requirements include:
  • Be a United States Citizen or Legal Permanent Resident
  • Be of Hispanic heritage
  • Have a minimum grade point average of 3.0 on a 4.0 scale (or the equivalent) from either a bachelors degree or masters degree
  • Be current NSHMBA member (student membership application rates)
  • Be enrolled in a graduate business program in a college or university in the United States or Puerto Rico, accredited by the AACSB (AACSB International) at the time of award.
Review scholarship program information and apply here.

QUESTIONS
Contact:
Civic Engagement and Career Development Center
(210) 436-3102

M.B.A. Study Abroad Opportunities

St. Mary's offers you the opportunity to earn both an M.B.A. and a Master's in Economics and International Business.

The dual degree program of St. Mary's University and The University of Applied Sciences in Schmalkalden gives you the chance to experience the business world in a new way. You may be interested in our new, dual degree program with FhS Schmalkalden in Germany. this program allows a student to earn two master's degrees in an accelerated schedule of studies. A thesis is required.

Contact the St. Mary's University M.B.A. Program Director at ebroughton@stmarytx.edu for additional information.

M.B.A. Career Opportunities

Previous graduates of the M.B.A. program hold or have held a broad range of positions including chairman and chief executive officer, president, chief operating officer, chief financial officer, general manager, executive vice president, managing director and manager in a variety of industries, including energy, manufacturing, insurance, banking, public accounting, government service, the armed forces and investments. Graduates are employed in a number of functional areas, including information technology, marketing, operations, human resources, project management, corporate accounting, financial management, systems planning, auditing, manufacturing, sales and strategic planning.

Post-9/11 GI Bill and Yellow Ribbon

If you were on active duty on or after September 11, 2001, you have a new option to help pay for your graduate degree. The GI Bill provides for some tuition and fees, allowances and stipends.

Learn more about the Post-9/11 GI Bill and Yellow Ribbon here.

Credit Transfers

Graduate course work completed at an AACSB-accredited institution will be accepted for credit provided the course work is relevant to the degree and has equivalent content. The student must provide the M.B.A. Program Director a copy of the course description from the catalog at the time the course was taken so that the Director can determine the transferability of the course. Regardless of the number of hours accepted for transfer credit, a student must complete a minimum of 24 hours of credit in residence at St. Mary's following admission to the M.B.A. program.

Graduate course worked completed at a non-AACSB accredited institution will be accepted for credit provided the course work is relevant to the degree, with appropriate content and level of instruction resulting in student competencies at least comparable to students in the St. Mary's University Graduate School program. The Graduate Program Director will determine acceptability of the course work after appropriate review of necessary materials by St. Mary's University faculty who teach the comparable course. For course work taken at non-AACSB accredited institutions to be considered for transfer, the student must provide to the M.B.A. Program Director a copy of catalog in force at the time of the course was taken, a detailed course description, and the name of the instructor.

Special and Non-degree Seeking Students admitted to the M.B.A. program in special or non-degree status are limited to registration in courses designated in their admission letter.

Other St. Mary's Graduate Students. Students who have been admitted to a graduate program at St. Mary's other than the M.B.A. program may register for up 12 hours of graduate-level BA and/or AC classes (M.B.A. classes) as may be permitted as electives in their graduate program of study. Any registration beyond this 12-hour limit must be approved by the student's current graduate program director, the M.B.A. Program Director and the Dean of the Graduate School. Such permission shall be granted only in unusual or special circumstances. In the event that a student who has been admitted to another St. Mary's graduate program subsequently applies for admission to the M.B.A. program, that student must satisfy a minimum of 24 hours of M.B.A.-level courses after admission (as well as any specified prerequisite-knowledge requirements) to the M.B.A. program, regardless of the number of courses and hours that may have been completed prior to admission.

M.B.A. Highway

If you are seeking full-time employment or an internship, you might want to consider looking into M.B.A. Highway, a nationwide link to M.B.A. internships and employment leads.

You also may be interested in joining the M.B.A. Highway networking group on LinkedIn that links M.B.A. students and M.B.A. employers.
Broughton

Earnest Broughton

Executive-in-Residence
Director, M.B.A. and Executive Education Program
Phone: (210) 431-2027
Email: ebroughton@stmarytx.edu
Full Bio Details
B.S., Texas State University, 1973
M.S., St. Mary's University, 1994
Until July 2011, Earnest Broughton served as Executive Director of the Ethics Program for the United Services Automobile Association (USAA) and reported directly to USAA's President and Chief Executive Officer. Prior to accepting the ethics position at USAA in May 2000, he served as an Executive Director in Consumer Finance and Auto Services at USAA Federal Savings Bank for six years. He has an additional 14 years of experience in human resources executive management in the financial services sector.

Earnie served on the Executive Committee of the Board of Directors for the Ethics and Compliance Officer Association, the world's largest association of ethics and compliance professionals, from 2009 through 2011. From 2006 to 2008, he was Vice Chair of the Washington-based Ethics Resource Center (ERC) Fellows Program and continues to serve as a Senior Advisor to the group. The ERC is the oldest non-profit in the United States dedicated to the study of organizational ethics. Earnie co-founded the Greater San Antonio Ethics and Compliance Roundtable with Matt Gilley, Bill Greehey Chair in Business Ethics and Corporate Social Responsibility. He also chaired the San Antonio Ethics in Business Awards from 2010 though 2012.

Contact Us

To learn more about admission into Bill Greehey School of Business M.B.A. Program, contact:

Earnest Broughton
M.B.A. Program Director
Bill Greehey School of Business
One Camino Santa Maria
San Antonio, TX 78228-8607
(210) 431-2027
Fax: (210) 431-2115







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