The Milligan MBA

Accelerated Bachelor’s/Master’s Plan (5 Year BS/MBA)

If you are an exceptional Milligan undergraduate business student with demonstrated leadership potential, outstanding grades, and personal maturity, the accelerated bachelor’s + MBA plan can give you a fast start on your career. This is a 4+1 (5 year) plan that gives you the opportunity to complete the MBA program in one academic year (+ May term) after receiving a bachelor’s degree. With faculty approval, students take a specific set of MBA prerequisites during their undergraduate program, apply to the MBA program during their senior year, and take an MBA class during their senior year if qualified. The student then completes the MBA program the following year.

Benefits

• Take an MBA course in the spring of your senior year, allowing you to complete the Milligan MBA in one additional year + May term, saving time and money
• Secure your spot in the MBA program
• Get a fast start on your career
• Continue learning from your Milligan faculty and gain the credentials and strong reputation of the Milligan MBA

Requirements

1. Major in business administration at Milligan
2. Complete and Submit (to the GPS Office) the Participation form for the Accelerated plan, which requires approval signatures from both your undergraduate advisor and the MBA Program Director
   • Request endorsement from your faculty advisor
   • Schedule an appointment to request approval* from the MBA Director to declare the MBA Preparation Concentration by fall of the junior or senior year
3. Schedule an appointment with the MBA Admissions Recruiter; Must complete the MBA admission process, be admitted, and pay deposit by NOV 15 of senior year
4. Complete the MBA Preparation Concentration (must be in addition to your primary concentration) during your undergraduate coursework
   • ACCT 530 or CIS 520 (at guidance of MBA Director) (3 credit hours)
   • BADM 491 Internship (3 credit hours)
   • BADM 385 Personal and Professional Development OR BADM 491 (3 credit hours)
5. Have a 3.25 or above cumulative GPA at time of application
6. Demonstrate character and maturity consistent with expectations of all students in MBA program, as determined by the faculty
7. Maintain full-time employment while enrolled in MBA

*Approval to complete the Accelerated MBA Preparation Concentration is not a guarantee of your admission to the Milligan MBA program.

START DATES:  SEPTEMBER or MARCH

APPLY NOW »

HOW TO APPLY

Milligan’s MBA is intended for working professionals who have meaningful work experience. The ideal candidate has a firm grasp of business (or non-profit) operations, experience in exercising management discretion and authority, and experience in business planning or budgetary responsibilities. Minimum requirements for admission to The Milligan MBA are as follows:

1. APPLICATION: Completed application, resume, and personal statement. Apply online now!
2. RECOMMENDATIONS: Two professional recommendation requests will be sent from the online application.
3. UNDERGRAD DEGREE & TRANSCRIPTS: Official transcripts from every college attended whether or not the applicant graduated from that school.
4. PREREQUISITES: Prerequisite courses or demonstrated competency in accounting, economics, computer applications, management, marketing, and business statistics.
   • Business-related degree holders who did not achieve a satisfactory grade in one or more prerequisite courses may need to complete individual proficiency modules in the course(s) as determined by the admissions committee.
   • Non-business-related degree holders are required to complete the Peregrine assessment exam prior to admissions committee review. Those students who exhibit deficiencies in one or more prerequisite areas after completing the Peregrine assessment may be subject to individual proficiency modules as determined by the admissions committee.
5. INTERNATIONAL STUDENTS: This program is approved by SEVIS to accept international applicants. International students must complete the application requirements for this program AND the international application and immigration/visa process outlined here » 

An Interview with faculty admissions committee may be required.

Deadlines

Classes begin in March and September. Application deadlines are usually a month prior.

Enrollment Confirmation

A $150 deposit (credited to your first semester’s tuition) is required to secure your spot in the cohort.

Prerequisite Academic Leveling Course

Prerequisite courses or a demonstrated competency in accounting, economics, computer applications, management, marketing, and business statistics are required for admission into the MBA. Milligan does not offer a challenge exam to exempt prerequisites; however, the admissions committee may waive a prerequisite based on work experience and/or competency. We offer the following ways to complete the prerequisites:

Don’t have a background in business? That’s ok. You have several options:

1. Milligan offers $44 online module courses to help you develop the foundational business knowledge you need to be more successful with your Milligan MBA courses. The MBA Admissions Committee determines which prerequisite academic leveling courses you must complete for admission. Please refer to your MBA acceptance letter to determine which courses you must complete, or contact Rebecca Banton in the Graduate & Professional Studies Office. Download more information here about the online module courses.
2. Students also have the option to pursue prerequisites at any accredited institution.

Please contact Rebecca Banton at rbbanton@milligan.edu for more information about prerequisites.

Expectations and Responsibilities

All students at Milligan are expected to uphold the expectations and responsibilities for student lifestyles at Milligan College. Milligan College adopts specific rules on the basis of the belief that God’s Word, as the final rule of faith and practice, speaks on many matters pertaining to personal conduct. Therefore, behavior that conflicts with Scripture is unacceptable. Historically, communities also have developed guidelines that help put into practice basic moral and social principles. Such standards serve as a guide toward worthwhile goals relevant to one’s academic, spiritual, social, and physical well-being.

Students should consult the Student Handbook for further guidance regarding acceptable personal lifestyle and conduct while enrolled at Milligan College. A student’s matriculation and enrollment at Milligan College is their pledge to uphold the policies and expectations outlined in the Student Handbook and Catalog.

International Students

• International students must present a satisfactory score on the Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS).
• Normally, the TOEFL score must be at least 550 on the paper-based examination or 213 on the computer-based examination or 79 on the internet-based examination. The IELTS score must be at least 6.5.
• Please have your TOEFL or IELTS score sent directly from the Educational Testing Service to Milligan College.
• All international applicants must have taken the TOEFL within the last two years.
• You cannot be exempted from this requirement unless English is your native language, or you are a U.S. citizen, or you have received an undergraduate or graduate degree from an accredited U.S. college or university.
• After a student is admitted, there is required documentation to submit BEFORE form I-20 can be issued.  Students may begin gathering and submitting this information even prior to admission, but no I-20 will be issued until a prospect has been fully admitted AND has submitted the required documentation. International students should click here for information on the immigration/visa process »

Each year, the Graduate Management Admission Council (GMAC) conducts a comprehensive, global survey of employers who hire recent MBA graduates and other graduate business students. If you’re considering whether entrance into an MBA program is for you, here are some results of that survey that you’ll find helpful.

• Almost all employers (99%) report satisfaction with their MBA employees, including 76 percent who are very or extremely satisfied.
• The majority of employers (75% or more) report that compared with other employees at the same job level employees with an MBA degree demonstrate higher or much higher abilities in:
  • Managing strategy and innovation
  • Strategic and system skills
  • Knowledge of general business functions
  • Managing decision-making processes, and
  • Learning, motivation, and leadership.
• The vast majority of employers that hire graduating MBA students expect that new MBAs will have some prior work experience and look for candidates with an average of three and half years of experience.
• Economically-driven factors (e.g., no job openings) and different hiring needs aside, one in four companies that did not hire MBA graduates in 2009 (22%) reported that candidates had unrealistic job expectations, including high salary demands and unrealistic job role or level expectations.
• Most graduating MBAs feel that the overall value of the MBA degree is high, and most say they are satisfied with the benefits of the degree. MBAs also report that they have more career opportunities and a significant boost in pay as a result of their degree.

MBA Salaries and Return on Investment

Note: Data are 2013 annual averages for persons age 25 and over. Earnings are for full-time wage and salary workers. Source: Current Population Survey, U.S. Bureau of Labor Statistics, U.S. Department of Labor

• Salaries paid to MBA graduates are higher than those paid to people right out of college and people who graduated with other kinds of master’s degrees.
• Factors that affect your actual post-MBA salary include the following:
  • your post-MBA job function
  • the industry you work in after graduation
  • the geographic region in which you work
  • your pre-MBA professional experience (including whether your experience base is in the field you pursue post-MBA)
  • In general, graduate business alumni report higher salaries than before they earned the degree, high rates of job satisfaction, confidence that they did the right thing by earning a graduate business degree, and satisfaction with the career opportunities that their management skills bring.
  • About one in two alumni received a promotion with their current employer.
  • Three out of four alumni indicated their ROI expectations were met or exceeded.
• What factored into their school choices? Biggest influences have been:
  • The quality and reputation of the school
  • The financial cost of the school
  • Personal fit (whether the school was right for them as individuals), and
  • Location

In summary, it’s important that you define quality for yourself and that you make sure that the school you choose offers the curriculum, faculty, and services you will need to further your career goals. At Milligan College, we provide all of our students an enriching academic experience within a Christian environment that will empower individuals achieve their dreams and to become change agents within their organizations.