The Milligan MBA

Requirements

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 responsibility for business planning or budgetary responsibilities.

Minimum requirements for admission to The Milligan MBA are as follows:

1. APPLICATION: Completed application, resume, and personal statement. You can apply online or download a paper application. Just call us and we’ll walk you through it.
2. RECOMMENDATIONS: Two professional recommendations completed online.
3. UNDERGRAD DEGREE & TRANSCRIPTS: Official transcripts from every college attended whether or not the applicant graduated from that school.
4. GMAT: An acceptable GMAT may be required if an applicant’s overall undergraduate grade point average is 2.75-2.99. The GMAT is not required if an applicant’s overall undergraduate grade point average is 3.00 or higher.
5. PREREQUISITES: Prerequisite courses or demonstrated competency in accounting, economics, computer applications, management, marketing, and business statistics and/or calculus. Don’t have a business background? That’s ok. Contact us to learn more about completing these prerequisites before the next cohort starts.
6. INTERNATIONAL STUDENTS: International students whose native language is not English or do not hold a bachelor’s degree completed in residency in the U.S. must also provide 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, 213 on the computer-based examination, or 79 on the internet-based examination. The IELTS score must be at least 6.5.

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 and/or calculus 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.

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

1. Milligan offers $35 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. You may complete prerequisite courses through Milligan’s Adult Degree Completion Program (ADCP), which meets one night a week on-campus.
3. 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 of Milligan College. We at Milligan adopt specific rules on the basis of our belief that God’s Word, as the final rule of faith and practice, speaks on many matters pertaining to personal conduct. Specifically, the Milligan College adult student agrees to abide by a lifestyle commitment in which he or she refrains from illegal drugs, pornography, profanity, dishonesty, sexual immorality, unethical conduct, vandalism, and immodest dress. Students are expected to seek to serve Christ in an atmosphere of trust, encouragement, and respect for one another.

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 Emmanuel’s Admissions Office.
• 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.

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.