The faculty of The Eli Broad College of Business and The Eli Broad Graduate School of Management (commonly referred to as the Broad College) at Michigan State University is dedicated to continuous quality improvement in all of its activities. To that end, the faculty has adopted the following:
Core Vision
To be a top-of-mind business school as reflected by the recognition of our brand, the reputation of our people, and the rankings of our programs.
Mission Statement
The mission of the Eli Broad College of Business and the Eli Broad Graduate School of Management at Michigan State University is to create and disseminate knowledge through collaborative relationships while developing transformational leaders who make business happen.
Undergraduate students are required to complete a core curriculum that exposes them to diverse subjects and develops a well-rounded business background. Within the undergraduate program, area requirements include writing, mathematics, integrative studies, basic disciplines and functional fields in business, and elective courses enhancing a student’s course of study. An important component of the business curriculum is the major field of concentration. Students are strongly encouraged to meet with their academic advisor to discuss major fields of concentration, electives, education abroad, community service, work experience and leadership development opportunities.Students completing undergraduate programs in the Broad College receive the Bachelor of Arts degree.Direct Admission for First-Year Students Direct admission to the Broad College of Business is only offered to first-year students who are entering MSU in the fall semester. Students who matriculate in the spring semester and transfer students are not eligible for direct admission. High school seniors are offered the opportunity to enter the Broad College of Business as first-year students or as a first-year student accepted into the Broad College. To be considered for Direct Admission, applicants must:
To maintain admission to the Broad College, a direct admit student must meet the following requirements no later than the end of a student’s 3rd semester at MSU:
Admission to the CollegeAdmission to the Broad College of Business and a specific major provides access to enroll in certain courses required for the major. Enrollment in the Broad College of Business is limited, and admission to the College is competitive.Current MSU students and transfer students must apply for Broad College admission by April 1 for a fall semester admission. When needed an off-cycle admission process can be added.Admission is a holistic process that is based primarily on the cumulative grade-point average and grades in the pre-core courses listed below. Non-academic factors and experiences will also be considered.Students seeking admission should contact the Eli Broad College Undergraduate Academic Services.
Minimum criteria for admission to the college are:
Students who are admitted to the college with fewer than 56 credits designate their major preference as Business-Admitted. Students selecting this major preference are advised by faculty members and advisors in the Eli Broad College of Business. Through careful selection of courses, students are encouraged to explore a variety of areas to help in selecting a major. Students remain in Business-Admitted until they attain junior standing and are admitted to a Broad College major through the major application process. Some majors may have limited enrollment and require a competitive process. Students may re-enter the competitive process in the college during subsequent admission periods to change majors. Students must be admitted to a degree-granting college by the time they have completed 56 credits.
For information about the admission requirements for the Bachelor of Arts degree in Hospitality Business, refer to the statement on The School of Hospitality Business.
A Policy Statement for Undergraduate Students is shared with each student with the notice of admission to the college and is available on the Broad College Web site. Each student is responsible for knowing and adhering to these college policies.The student's academic advisor plays a major role in helping a student develop an academic progression plan. Students are encouraged to discuss the major field of concentration requirements with their faculty. It is important for each student to take a proactive approach in selecting the area of concentration. At the onset of the senior year, students are advised to visit the Undergraduate Academic Services office for a careful review of their progress, and to plan a program for their senior year. Responsibility for meeting graduation requirements rests with the student.Graduation Requirements for the Bachelor of Arts Degree
Department of Accounting and Information Systems AccountingDepartment of Finance FinanceDepartment of Management Management Human Resource ManagementDepartment of Marketing MarketingDepartment of Supply Chain Management Supply Chain Management
Graduation Requirements for the Bachelor of Arts Degree in Hospitality Business
For information about the requirements for the Bachelor of Arts degree with a major in Hospitality Business, refer to the statement on The School of Hospitality Business.
Transfer Course Credit
The Office of Admissions in the Eli Broad College of Business evaluates transfer-course credit in business fields based on guidelines provided by its academic units for courses of similar content and level taken at accredited colleges and universities of comparable academic quality. Courses similar in title to those offered by the Broad College at the 300–400 level are not authorized to receive specific course credit if taken at the 100–200 level at another institution; general course credit may be granted for such courses transferred from an accredited institution. Students who request the transfer of a 300-400 level business course must work with their academic advisor. A maximum of 9 transfer credits may be applied and must have been taken at an AACSB accredited institution.
Honors Study
The Broad College encourages honors students to develop distinctive undergraduate programs in the fields offered by the several departments. A member of the faculty is selected to serve as advisor to Honors College students in each major field, and it is their responsibility to help each student plan a rigorous and balanced program that also will reflect the student's special interests and competencies. Independent study experience is strongly encouraged when relevant to the student's total program.Entrepreneurship and Innovation Experiences Option (this program is in moratorium Fall 2024 through Summer 2026)An Entrepreneurship and Innovation Experiences Option (E and I) is a project consisting of original work that builds on the content of a course in which a student is enrolled but extends the experience of that course beyond the typical scope and content. E and I Experiences Options allow undergraduates the opportunity to add entrepreneurial content to courses already in the student’s program, thus providing a flexible alternative for those interested in exploring entrepreneurial ideas beyond the normal course requirements. An E and I Experiences Option can be in any course in any discipline. Students propose the E and I Experiences Option to the instructor of record for the course. E and I Experiences Option requests must be accompanied by the Application for Entrepreneurship and Innovation Experiences Option form. E and I Experiences Options that are approved and completed will be designated on the student’s transcript. For more information, students should contact the undergraduate advising office of their college.
The minor in information technology is available to students enrolled in bachelor’s degree programs at Michigan State University. The Eli Broad College of Business is the primary administrative unit in collaboration with the College of Engineering and the College of Communication Arts and Sciences.The minor is designed to provide students with a multidisciplinary understanding of the role and basic mechanics of information technology in the contemporary workplace. Information technology specialists learn how to design and model information systems and business processes, plan and manage information systems projects, and program and test the resulting systems. Students develop core competencies in their primary area of study and broaden their horizons as they interact with others from different disciplinary backgrounds on real-world systems projects. Students completing the minor will be well-prepared for employment in technology-oriented environments and will also understand how to be thought leaders as information technology applications continue to evolve in organizations and society. AdmissionTo be considered for admission, a student must have been formally accepted into a degree program at Michigan State University. Applicants must have completed (a) Computer Science and Engineering 102 or 201 or 231 and (b) Mathematics 124 or 132.Students seeking admission to the minor must complete an application. Admission is based on a combination of cumulative grade-point average, stated interest, and experience in information technology. Students are required to provide a written statement and resume.Requirements for the Minor in Information Technology
Students must complete the requirements specified below (19 to 20 credits):
With the approval of the department that administers the student’s degree program, courses that are used to satisfy the requirements of the minor may also be used to satisfy the requirements for the bachelor’s degree. In certain cases, prerequisites for minor electives may be waived with advance approval. Students should consult with the Eli Broad College of Business Undergraduate Academic Services office.
Students who are enrolled in bachelor's degree programs in The Eli Broad College of Business may apply for admission to the Minor in Sales Leadership. For additional information, refer to the Minor in Sales Leadership statement in the Department of Communication section of this catalog.
The Eli Broad Graduate School of Management prepares students for academic and professional careers in business, public service, and teaching. Graduate degree programs are offered through the Broad School and the departments of Accounting, Finance, Management, Marketing, Supply Chain Management, and The School of Hospitality Business.
The departmental faculties are recognized nationally and internationally for their scholarly articles, books and monographs, and their participation in research and educational programs around the world. The breadth of faculty competencies makes possible the extensive graduate programs that exist in the Broad School. The following degree programs are available: Master of Business Administration, Master of Science, and Doctor of Philosophy.
Business administration applies modern-day methodologies and frameworks in service of helping organizations create value. Business administration graduate programs place additional weight on the application of knowledge gleaned: closely tying concepts with techniques, theory with practice, and classroom touchpoints with experiential opportunities. The Master of Business Administration degree (both traditional and STEM) are oriented primarily toward managerial practice. Three M.B.A. degree options are offered: a traditional Full-Time M.B.A., a STEM eligible Full-Time M.B.A., and an Executive M.B.A. (Program in Integrative Management) designed to prepare students for management and leadership roles in global organizations. The Doctor of Philosophy degree is intended primarily for prospective academic scholars and management researchers.
In addition to the Master of Business Administration and Doctor of Philosophy degree programs in business administration, the Broad School offers Master of Science degree programs in accounting; accounting and data analytics (online); business data science and analytics; business research (requires admission to a College of Business doctoral program); finance; financial planning and wealth management; healthcare management; management strategy and leadership; marketing research; customer experience management (online); and supply chain management (online). The Broad School also offers a graduate Specialization in Business Concepts for Environmental Sustainability and Conservation for students enrolled in master's or doctoral degree programs at Michigan State University.The Eli Broad Graduate School of Management also offers a growing number of graduate certificates, proffering subsets of courses from our Master of Science programs, where adult learners can earn graduate credit for a stand-alone certificate, and apply the course work towards the respective master's program.International applicants must fulfill the university's English language proficiency requirements as described in the Graduate Education section of this catalog. International students should apply approximately nine months in advance of the semester in which they wish to be admitted. For further information, refer to the International Student Admission statement in the Graduate Education section of this catalog.
The Master of Business Administration (M.B.A.) full-time, two-year degree program is designed to prepare students for management and leadership roles in global business organizations, from entry–level management positions to top executive roles. Specifically, the program is designed to create an understanding of the strategic positioning of the firm, its value chain, and how business activities contribute to the firm's total performance; to develop critical leadership and business analysis skills; and to build a high level of competence across all business functions plus deep knowledge in at least one discipline to prepare the student for a successful career in business.
Full-time M.B.A. students must select a concentration from business analytics, finance, human resource and strategic management, marketing, or supply chain management. They have flexibility to choose preferred elective course work to support their career goals such as risk management, talent development, insights and analytics, product and services innovation, consulting, entrepreneurship, global business, leadership and strategy, and strategic performance management, or any of the approved concentrations. Courses for joint program degrees must be approved by the Director of the full-time M.B.A. Program. Courses from other colleges may also be used with the approval of the Director of the full-time M.B.A. Program.Only Plan B (without thesis) is available to students who are enrolled in the M.B.A. degree programs.
For information about the Master of Business Administration degree program with a major in Integrative Management offered on weekends for fully-employed professionals, refer to the Master of Business Administration Degree: Program in Integrative Management statement.For information about the Master of Business Administration degree program with a major in STEM offered full-time, refer to the Master of Business Administration Degree: STEM statement.
In addition to meeting the requirements of the university, students must meet the requirements specified below.
Admission
The full-time M.B.A. program normally extends over 21 months and consists of two fall and spring semesters and an enrichment experience during the intervening summer. Applicants are admitted to the program for fall semester only.
A strong education in any field is good preparation for graduate study in business administration. Prior academic work in business is helpful, but not required. Students with undergraduate degrees in the sciences, engineering, economics, and the liberal arts are encouraged to apply. Two or more years of work experience after completing a bachelor's degree is strongly recommended.
To be considered for admission to the full-time M.B.A. program, an applicant must:
Minimum standards for admission are:
Admission to the program is competitive, and meeting the minimum standards listed above does not guarantee admission. Although all of the above minimum standards must normally be met, the applicant's overall record is considered.
Each full-time M.B.A. student is required to have a personal laptop computer with a minimum configuration approved by the Director of the full-time M.B.A. Program.
Students who are admitted to the full-time M.B.A. program must participate in a non-credit orientation program designed to prepare students for success in the team-based management education program and curriculum.
Requirements for the Master of Business Administration Degree
Academic Standards
Students are expected to (1) maintain a minimum grade–point average of 3.00 each semester, (2) maintain a minimum cumulative grade–point average of 3.00, and (3) complete all courses listed on the Candidacy Form. A student's academic progress is monitored by the Director of the full-time M.B.A. Program. A policy statement containing additional information relative to academic standards is available from the Director.
A student who does not maintain a cumulative 3.00 grade–point average will be placed on final probation. Such a student will be given the next semester of enrollment to achieve a cumulative 3.00 grade–point average; otherwise, dismissal from the program will result.
Transfer Credits
For a student who is pursuing a full-time M.B.A. degree from MSU jointly with a Juris Doctor degree from the Michigan State University - College of Law, a maximum of 12 credits from the Michigan State University College of Law may be transferred to the full-time M.B.A. degree program.For a student who is pursuing a full-time M.B.A. degree from MSU jointly with a Doctor of Medicine (M.D.) degree from Michigan State University - College of Human Medicine, a maximum of 12 credits from the MSU College of Human Medicine may be transferred to the full-time M.B.A. degree program.For a student who is pursuing a full-time M.B.A. degree from MSU jointly with a Doctor of Osteopathic Medicine (D.O.) degree from Michigan State University - College of Osteopathic Medicine, a maximum of 12 credits from the MSU College of Osteopathic Medicine may be transferred to the full-time M.B.A. degree program.
The M.B.A. degree program with a major in integrative management extends over 20 months and consists of five semesters of course work. Included within these semesters are two residency sessions, with the majority of course work scheduled on alternating weekends, Friday evenings and Saturdays. Students are admitted to the program for fall semester only, and are required to complete the required courses in a defined sequence with the other members of their class cohort.
The program in integrative management is designed for professionals who meet the admission requirements and want to advance in their careers without interrupting their full–time employment to pursue graduate study. The objective of the program is to prepare graduates to be successful organizational leaders who are able to make sound business decisions based on integrating information across the various business disciplines and to effectively manage businesses in an evolving global environment. The integrative theme is carried out through the coordination of course modules, through in–depth analyses of organizations and by team efforts that require cross–functional perspectives and build on peer strengths.
In addition to the requirements of the university, students must meet the requirements specified below.
To be admitted to the Master of Business Administration Program in Integrative Management, an applicant must:
Admission to the program is competitive, and meeting the minimum standards listed above does not guarantee admission to the program.
Prior to enrollment in the Master of Business Administration Program in Integrative Management, the student should have completed college-level courses in algebra and statistics and be proficient in word processing and spreadsheets.
Each student is required to have a laptop computer with a minimum configuration approved by the program office.
Requirements for the Master of Business Administration Degree in Integrative Management
The student must complete 45 credits from the following courses:
The Broad School offers Master of Science degree programs with majors in accounting, business data science analytics, business research, finance, foodservice business management, hospitality business management, marketing research, and supply chain management.
For information about the Master of Science degree program in accounting, refer to the Department of Accounting and Information Systems section.
For information about the Master of Science degree program in finance, refer to the Department of Finance section.
For information about the Master of Science degree program in foodservice business management or hospitality business management, refer to The School of Hospitality Business section.
For information about the Master of Science degree program in marketing research, refer to the Department of Marketing section.
For information about the Master of Science degree program in supply chain management, refer to the Department of Supply Chain Management section.
The Master of Science degree in Business Data Science and Analytics addresses the study, research, and application of analytics. Its focus is on business analytics, the use of data in various forms and often large sets to make optimal business decisions. This multidisciplinary program prepares analytics professionals for careers based in data information, collection, and analysis in many types of organizations and has broad appeal to a wide variety of academic and professional audiences.
In addition to meeting the requirements of the university, The Eli Broad College of Business and Graduate School of Management, students must meet the requirements specified below.
To be admitted to the Master of Science degree in Business Data Science and Analytics, an applicant must have:
Admission to the program is selective and meeting the minimum standards does not guarantee admission. The applicant’s overall record is considered, including the student’s statement of objectives, recommendations, academic transcripts, and other documentation as required.
Requirements for the Master of Science Degree in Business Data Science and Analytics
The Master of Science degree in Business Data Science and Analytics is available only under Plan B (non-thesis). A total of 30 credits are required for the degree.
The Master of Science degree with a major in Business Research provides a graduate-level degree for individuals with skills in research methods and graduate-level course work in a business-related area. The program is only available under Plan B (without thesis). The curriculum is flexible and allows students to choose courses that will meet their specific professional needs. Courses are offered in all of the major areas of the College of Business.
In addition to meeting the requirements of the university and of the Eli Broad College of Business and Graduate School of Management, students must meet the requirements specified below.
Applicants for admission must possess a bachelor’s degree from a recognized educational institution, a superior academic record, and very strong scores on either the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE). Persons admitted must have the qualifications of perseverance and intellectual curiosity, and an interest in scholarly research. Evidence of these qualities is obtained from an appraisal of a statement of purpose submitted by the applicant and letters of recommendation.
Admissions decisions are made by a faculty committee in the department of the student’s major field of concentration and are reviewed by the Associate Dean for Academic Affairs.
Requirements for the Master of Science Degree in Business Research
The Master of Science degree in Business Research is available under Plan B (non-thesis). A total of 30 credits are required for the degree. The student’s program of study must be approved by the program director.
Students must maintain a cumulative grade-point average of at least 3.0 in all graduate courses.
The Doctor of Philosophy degree in business administration is earned primarily by prospective college or university teachers and research personnel. This program provides an opportunity for developing a high degree of specialization in one of the following major fields of concentration: accounting, information technology management, finance, logistics, marketing, organizational behavior–human resource management, operations and sourcing management, and strategic management.
A guidance committee assists the doctoral student in planning a rigorous program of multidisciplinary study. Graduates are expected to be capable of specialized and innovative research.
The business administration programs to which the requirements that are referenced in the Doctor of Philosophy Degree in Business Administration statement apply are listed below by the units that administer them:
Department of Accounting and Information Systems Accounting Information Technology ManagementDepartment of Finance FinanceDepartment of Management Organizational Behavior—Human Resource Management Strategic ManagementDepartment of Marketing MarketingDepartment of Supply Chain Management Logistics Operations and Sourcing Management
Applicants for admission must possess a bachelor's degree from a recognized educational institution, a superior academic record, and very strong scores on either the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE). Persons admitted must have the qualifications of perseverance and intellectual curiosity, and an interest in scholarly research. Evidence of these qualities is obtained from an appraisal of a statement of purpose submitted by the applicant and letters of recommendation.
Admissions decisions are made by a faculty committee in the department of the student's major field of concentration and are reviewed by the Associate Dean for Academic Affairs.
Requirements for the Doctor of Philosophy Degree in Business Administration
The following degree requirements are applicable to all doctoral students in business administration. Students should contact individual departments concerning any additional requirements they may impose. The general requirements are:
A record of performance and action consistent with high professional standards is required of every degree candidate.
To be in good standing, a doctoral student must attain at least a 3.25 cumulative grade–point average by the end of the second semester of full–time enrollment and thereafter or, on the initiative of the department of the student's major field of concentration and with the approval of the Associate Dean for Academic Affairs, the student will be dismissed from the doctoral program.
A comprehensive appraisal of each doctoral student's performance is made annually by a review committee composed of faculty members in the department of the student's major field of concentration. The formal review must include the following areas: performance in course work and on comprehensive examinations, performance in teaching and/or other duties that might be required of a graduate assistant, participation in department colloquia, and progress toward the completion of degree requirements. As a result of the review and based upon college and department standards, one of the following actions will be taken: (1) the student will remain on regular status in the doctoral program, (2) the student will be placed on probationary status that is conditioned on specific improvements in performance, or (3) the student will be dismissed from the doctoral program. Copies of the results of the yearly appraisal will be provided to the student, the student's major field advisor, and the Associate Dean for Academic Affairs.
Marilyn F. Johnson, Chairperson
The Department of Accounting and Information Systems provides a Bachelor of Arts degree with a major in accounting. The program provides an excellent foundation in accounting. Students, who complete the program along with the offered government and not-for-profit accounting course, meet the State of Michigan educational requirements to sit for the Certified Public Accountant (CPA) exam in Michigan.
Requirements for the Bachelor of Arts Degree in Accounting
The Department of Accounting and Information Systems offers a Master of Science degree program in Accounting, a Master of Science degree program in Accounting and Data Analytics, and a Graduate Certificate in Accounting Analytics, a Graduate Certificate in Accounting for Management Decision Making, a Graduate Certificate in Taxation, and a Graduate Certificate in Transaction Services. Those programs are described below.
In addition, the department offers a Doctor of Philosophy degree program with a major in Accounting. For information about that program, refer to the Doctor of Philosophy statement in the Broad College section.
The Master of Science degree in Accounting is a STEM designated program designed for persons interested in advancing their knowledge of accounting and quantitative and data analysis skills. It provides an opportunity to develop in-depth knowledge in at least one concentration area of accounting along with skills in data analysis, statistics, modeling and forecasting, and the design and testing of computer systems and applications. Students will also complete courses in several related fields such as communication, finance, management, marketing, or supply chain management. Each student’s program of study is developed according to chosen professional objectives, complementary to prior academic work.This degree is relevant for persons interested in pursuing careers in the public accounting profession that typically require the Certified Public Accountant certification, or in similar positions in corporate accounting, advisory and consulting services, and government. It provides students with the skills a professional accountant is expected to possess such as quantitative and data analysis skills applied in an accounting setting, critical thinking and strategic problem-solving abilities, oral and written communication skills, and well-developed interpersonal skills including the ability to work effectively with groups and to provide leadership. There is increasing evidence that an undergraduate college degree may be insufficient to provide the breadth and depth of accounting knowledge and the skill development necessary for professional success. All states require at least 150 semester hours of college credits to obtain a Certified Public Accountant certification.In addition to meeting the requirements of the university and of The Eli Broad College of Business and Graduate School of Management, students must meet the requirements specified below.AdmissionStudents may start the program in any semester (fall or spring), or summer session, as space permits. Applications for admission to the program must be received by January 15 for fall semester or summer session, and March 1 for second-round admission consideration, as space permits. Students desiring to start in spring semester must apply by October 1.To be considered for admission to the program, applicants must:
The minimum standards for admission to the Master of Science degree in Accounting are:
Admission to the program is competitive. Meeting the minimum standards listed above does not guarantee admission. The applicant’s overall record is considered including letters of recommendation, the students statement of objectives, work experience, extra curricular activities, and TOEFL and IELTS scores. Admission is also subject to space availability.The program accepts qualified applicants whose undergraduate degree is not in accounting and only includes an intermediate-level financial accounting course. These students will be required to complete collateral course work and their program of study will typically require more than 30 credits for the degree. Students should contact the director of the program to determine course deficiencies. Credits earned in collateral course work does not count toward the Master of Science degree in Accounting.Requirements for the Master of Science Degree in Accounting
A minimum of 30 credits, with a minimum cumulative grade-point average of 3.0, is required for the degree under Plan B (without thesis). At least 24 credits must be at the 800-level. The student’s program of study must be approved by the Program Director of the Master of Science in Accounting.
Students who are enrolled in the Master of Science degree in Accounting degree program are expected to maintain: (1) a minimum grade–point average of 3.0 each semester, and (2) a minimum cumulative grade–point average of 3.0.
The Program Director monitors the progress of students who are enrolled in the Master of Science in Accounting degree program. A policy statement containing additional information relative to academic standards is available from the director.
A student who does not maintain a 3.0 grade–point average will be placed on final probation. Such a student will be given the next semester of enrollment to achieve a 3.0 grade–point average; otherwise, dismissal from the program will result.
For information about the Master of Business Administration degree program with a major in Corporate Accounting, refer to the Master of Business Administration statement in the Broad College section.
For information about the Master of Business Administration degree program with a major in Information Technology Management, refer to the Master of Business Administration statement in the Broad College section.
Andrew Y. Simonov, Chairperson
The Department of Finance offers a Bachelor of Arts degree program with a major in finance.
Finance majors can concentrate in (1) corporate finance and (2) financial markets and investments, or in both. The former involves the financing and investment activities of an organization as well as its governance practices, while the latter explores financial investment decisions, portfolio selection and management, and behavioral finance. In addition students can complete a Minor in Insurance and Risk Management or take a wealth management program.
Qualified students are encouraged to pursue honors courses, study abroad programs, non-credit internship opportunities with national and international corporations, and cross-college specializations such as international business and entrepreneurship.
Finance encompasses business financial administration, management of financial institutions, investments, financial markets, and the management of risk. Business financial administration includes obtaining external funds in the money and capital markets, selecting and evaluating investment projects, coordinating the flow of funds from operations, and determining the benefits to be returned to suppliers of capital. An understanding of financial concepts and practices along with knowledge of the instruments and participants in the financial markets is vital to sound financial decision making.
The study of financial institutions involves analyzing the management of commercial banks, savings and loan associations, credit unions, insurance companies, and pension funds. The role of these institutions in the economy is examined. Financial policies and strategies in an increasingly competitive institutional marketplace are emphasized.
The field of investments involves the analysis and selection of securities with special emphasis on stocks and bonds. The role of these instruments in portfolios of individuals and financial institutions is explored.
Financial markets represent the environment within which corporations, financial institutions, and investors create financial assets and liabilities. The nature of the various financial instruments is examined, as well as market innovations and structural changes.
The finance major includes a course in intermediate accounting in addition to courses in finance. The program provides a valuable foundation for initial employment and continued career development in business administration. Employment opportunities exist with industrial firms, public utilities, commercial banks, insurance companies, brokerage firms, credit unions, savings and loan associations, and agencies of local, state, and federal government.
Requirements for the Bachelor of Arts Degree in Finance
The Department of Finance offers a Master of Business Administration degree program with a concentration in Finance. For information about that program, refer to the Master of Business Administration statement in the Broad College section.
The department also offers a Master of Science degree program in Finance and a Master of Science degree program in Financial Planning and Wealth Management. A Graduate Certificate in Financial Planning and Wealth Management is also available. Those programs are described below.In addition, the department offers a Doctor of Philosophy degree program with a major in Finance. For information about that program, refer to the Doctor of Philosophy statement in the Broad College section.
The Master of Science degree with a major in finance provides graduate-level financial training to individuals with career experience and an undergraduate degree in finance or a related field. The program is only available under Plan B (without thesis). The curriculum is flexible and allows students to choose courses that will meet their specific professional needs. Courses are offered in all of the major areas of finance including financial management, financial institutions, investments, and international finance.
To be considered for admission to the Master of Science degree in Finance an applicant must:
Admission to the program is competitive and is based on the applicant’s overall record. Although not required, it is recommended that students take either the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE) General Test. Strong scores on these tests raise the likelihood of admission. International students must take the Test of English as a Foreign Language (TOEFL).
In addition to meeting the requirements of the university and The Eli Broad College of Business and Graduate School of Management, students must meet the requirements specified below.
Requirements for the Master of Science Degree in Finance
The program is available under Plan B (without thesis). A total of 30 credits are required for the degree. The student’s program of study must be approved the program director.
Students must maintain a cumulative grade-point average of at least 3.25 in all graduate courses.
Kent Miller, Chairperson
The focus of management is the design, development, control, motivation, and operation of organized activities. At the individual level, it is concerned with topics such as employee motivation and performance, job satisfaction, and employee attitudes. At the interpersonal level, topics of interest include group behavior, leadership, negotiations, and human resource management activities related to compensation, staffing, and employee development. At the firm level, topics include firm performance, strategic decision making, entrepreneurship, and executive behavior.Majors follow one of two programs—either (1) a program in management which is broad in scope and aimed at developing the student’s grasp of management activities (planning, organizing, and decision-making) and cross-functional coordination of business organizations or (2) a program in human resource management that is more specialized in scope and focuses on staffing, personnel training and development, compensation, and workforce diversity.In addition, students may pursue any of three minors: (1) entrepreneurship and innovation, (2) retail management, and (3) sports business management. The entrepreneurship and innovation minor fosters thinking and skills to lead new ventures. The minor in retail management prepares students for careers in retail business firms. Students in the sports business management minor gain knowledge and experience relevant to pursuing careers in the sports industry. All three minors incorporate courses from across the university.
The management major allows students to explore courses from the several departments within the Broad College. Students enjoy a high degree of flexibility in selecting courses to satisfy the major field of concentration requirement. The student's program of study is designed within the context of the student's personal, academic, and career goals.
Graduates of the management program may seek entry–level positions in business and government which require a breadth of knowledge within the general field of business, as well as specific business–related skills.
Requirements for the Bachelor of Arts Degree in Management
With the advance approval of their academic advisors, students who wish to emphasize international business may meet the requirements for the Major Field of Concentration by completing General Business and Business Law 460, Management 460, and three additional 300–400 level courses with an international orientation. Such courses are offered in the departments of Finance, Management, Marketing, and Supply Chain Management.
Human resource management majors focus on the management of human resources in organizations: on the role and development of the manager as a leader, and on the mission and specific functions of the human resources department.
Courses in the human resource management major, augmented by offerings in psychology, sociology, and economics, prepare the student for two broadly defined career paths. The first, a general managerial orientation designed to build skills in analyzing and effectively dealing with individuals in the work place, concentrates on topics of motivation, organization design, leadership, and development of interpersonal skills. The second orientation provides techniques essential to successful careers in human resources management. It stresses selection and training techniques, human resources planning, compensation, labor relations, and training and evaluation. Neither area is exclusive and exposure to both is often suggested.
Requirements for the Bachelor of Arts Degree in Human Resource Management
The graduation requirements of the University as described in the Undergraduate Education section of this catalog; 120 credits, including general elective credits, are required for the Bachelor of Arts degree in Human Resource Management.The University's Tier II writing requirement for the Human Resource Management major is met by completing Management 460. That course is referenced in item 3. a. (1) below.
The requirements of The Eli Broad College of Business for the Bachelor of Arts degree in the majors that comprise the Business Administration Programs.
The following requirements for the major:
The Department of Management offers a Master of Business Administration degree program with a concentration in Human Resource and Strategic Management. For information about that program, refer to the Master of Business Administration statement in the Broad College section.
In addition, the department offers Doctor of Philosophy degree programs with majors in Organizational Behavior–Human Resource Management and in Strategic Management. For information about those programs, refer to the Doctor of Philosophy statement in the Broad College section.
The department also offers an online Master of Science degree in Management, Strategy, and Leadership. This program focuses on leading, motivating and rewarding individuals, making decisions, thinking strategically, and selecting and developing human resources.
The Master of Science degree in Management, Strategy, and Leadership is designed to integrate management theories with applications to provide students with the intellectual and analytic skills demanded by aspiring general managers. The program combines the Broad School’s commitment to excellence in management education with online accessibility.
The degree program is intended for working managers and available only online. Students will complete the program in 20 to 24 months. To allow flexibility, students may start in any semester and students may be admitted on a rolling basis. By using technology-based modules in all classes, the program offers much flexibility to students. All courses are facilitated by faculty to ensure intensive discussions and application of materials to student experiences. The flexible program incorporates hands-on activities designed to develop skills in leadership, decision making and strategic planning that are hallmarks of the Broad School’s other graduate programs.
To be admitted to the Master of Science degree in Management, Strategy, and Leadership, an applicant must:
Applicants to the program may compensate for deficiencies in their background by securing a strong score on the Graduate Management Admission Test (GMAT) or by providing other information that clearly demonstrates outstanding managerial competence and potential. Submitted GMAT scores must not be more than five years old, as measured relative to the date an application is submitted to the Management, Strategy, and Leadership program.
Students who are admitted to the program and placed into a non-credit preparatory module(s) deemed necessary by the program, may be required to participate in an introduction to faculty and the curriculum, analytic or quantitative analysis skills.
Requirements for the Master of Science Degree in Management, Strategy, and Leadership
The Master of Science degree in Management, Strategy, and Leadership is available online and only under Plan B (non-thesis). A total of 30 credits are required for the degree. Students must work closely with their advisor to ensure courses are taken in the correct sequence.
The Graduate Certificate in Human Resource Management and Development is designed to meet the needs of human resource managers and professionals from a wide variety of fields and backgrounds. This online certificate focuses on a broad spectrum of human resource concerns and issues for the future.
Students must:
Requirements for the Graduate Certificate in Human Resource Management and Development
The Graduate Certificate in Leadership and Managing Teams focuses on the universal themes of managers from any organization: effective leadership and team management, negotiation, and organizational design and development. This online certificate is designed to meet the needs of working professionals from a wide variety of fields and backgrounds while focusing on a broad spectrum of skill sets including team design and dynamics, managing diversity, and creating an ethical organization.
Requirements for the Graduate Certificate in Leadership and Managing Teams
The Graduate Certificate in Strategic Management is designed to develop experienced professionals into resourceful and knowledgeable leaders who can define strategies and guide organizations. This online certificate program is designed to meet the needs of working professionals from a wide variety of fields and backgrounds.
Requirements for the Graduate Certificate in Strategic Management
Suman Basuroy, Chairperson
The Department of Marketing provides undergraduate education in marketing, which involves the selection of target markets and the development of strategies and tactics that create, deliver, and communicate value to customers and in so doing generate profitable revenue for the firm. This includes generating consumer and competitive insights through market research, making strategic decisions related to the marketplace, and managing the marketing mix (i.e., products, pricing, distribution channels, and marketing communications). Instruction in this field is designed to provide an understanding of the concepts necessary for performance in both managerial and entry-level positions in profit and non-profit organizations.The major is structured to offer sequential study useful for broad personal and professional development. The required courses are designed to provide necessary understanding, integration, and skill development in marketing fundamentals, while specialty courses offer students the opportunity to apply concepts and gain additional knowledge in accordance with student interests and career paths. Emphasis is placed on the integration of critical thinking, quantitative analysis, and broad communication skills.The department also offers a Minor in International Business and in Sales Leadership. This program affords students the opportunity to acquire and develop skills needed to effectively engage with customers in a consultative fashion and to thrive as value-added sales and business development leaders. More information about the Minor in Sales Leadership may be found at www.salesleader.msu.edu.
The Marketing program at Michigan State University is known for producing leaders who can effectively manage the marketing function at for-profit and nonprofit organizations. The marketing program is designed to help students understand business activities that create customer value, such as identifying customer needs through market research, segmenting markets, targeting and positioning products and services, developing and managing new and existing products, making products/services available to customers, communicating the benefits of the product or service to customers, designing outstanding customer experiences, and sustaining mutually beneficial customer relationships. The marketing program provides an opportunity for students to develop the analytical, planning, implementation, and process control skills necessary for rewarding careers in marketing management, marketing strategy, marketing research, and business development/sales.
Requirements for the Bachelor of Arts Degree in Marketing
Students may elect to complete more than 6 credits from the courses that are listed in item 3. a. (2) above with the understanding that the grades earned in such courses will be included in the computation of the grade–point average of courses in the Major Field of Concentration.
The Minor in International Business will be attractive to students who plan careers with an international orientation and who wish to add breadth to their major. The minor is designed for students who desire to increase their understanding of various regions of the world and the global marketplace.
The Minor in International Business is administered by the Department of Marketing and is available as an elective to students who are enrolled in bachelor’s degree programs in The Eli Broad College of Business.Students who are interested in the minor must contact The Eli Broad College of Business Undergraduate Academic Services unit.
With the approval of the department and college that administers the student's degree program, the courses that are used to satisfy the minor may also be used to satisfy the requirements for the bachelor's degree.
Requirements for the Minor in International Business
The student must complete the requirements specified below with a grade-point average of 2.0 in all courses taken to fulfill requirements 1. and 2.:
Bachelor of Arts Degree in MarketingMaster of Science Degree in Marketing Research and Analytics
The department welcomes applications from Michigan State University Marketing undergraduate students in their senior year. Admission to the program requires a minimum undergraduate grade-point average of 3.5 or approval of program, and an approved program of study for the Master of Science degree in Marketing Research and Analytics at the time of admission. Admission to the Linked Bachelor’s-Master’s program allows the application of up to 9 credits toward the master’s program for qualifying 400-level and above course work taken at the undergraduate level at Michigan State University or an external accredited institution. The number of approved credits, not to exceed 9, are applied toward the credit requirement of the master’s degree. Credits applied to the Linked Bachelor’s-Master’s program are not eligible to be applied to any other graduate degree program.
The Department of Marketing offers Master of Business Administration degree programs with a concentration in Marketing. For information about this program, refer to the Master of Business Administration statement in the Broad College section.The department also offers a Master of Science degree in Marketing Research and Analytics. This is a specialized program that enables students to build or accelerate careers in marketing research. A Master of Science degree in Customer Experience Management is available online to prepare individuals for careers in customer service management. The degree can be completed in one calendar year (full-time) or twenty months (part-time).In addition, the department offers a Doctor of Philosophy degree program with a major in Marketing. For information about this program, refer to the Doctor of Philosophy statement in the Broad College section.
Students may also pursue a Graduate Specialization in Business Concepts for Environmental Sustainability and Conservation.
The Master of Science degree in Customer Experience Management prepares individuals for careers in customer experience management. The degree can be completed in one calendar year (full-time) or twenty months (part-time). The program is specifically designed to develop skills in organizational development and change, understanding customers and employees, experience design and innovation, employee experience and engagement, and data analytics and continuous improvement technical skills. The program is available only online.In addition to meeting the requirements of the university and of the Eli Broad College of Business and Graduate School of Management, students must meet the requirements specified below.AdmissionFor admission to the master's degree program in customer experience management on regular status, the student must:
Admission to the program is competitive, and meeting the minimum standards listed above does not guarantee admission. The applicant’s overall record is considered including letters of recommendation, the student’s statement of objectives, work experience, extra-curricular activities, and TOEFL scores (for international students). Admission is also subject to space availability. Prior to enrollment in the Master of Science degree in Customer Experience Management, the student must have:
Students who do not meet the requirements for admission to the program on regular status may be admitted on a provisional basis to remove deficiencies. Collateral course work will not count towards the requirements for the degree.Requirements for the Master of Science Degree in Customer Experience ManagementThe Master of Science degree in Customer Experience Management is available only under Plan B (without thesis). A total of 30 credits are required for the degree.The students must complete the following:
Master of Science
The Master of Science degree in Marketing Research and Analytics prepares individuals for careers in marketing research and is designed to develop consulting, research strategy, and marketing analysis skills. This degree program is available under Plan B (without thesis) and may be completed in a 12-month or 20-month format.
In addition to meeting the requirements of the University and of the Eli Broad College of Business and Graduate School of Management, students must meet the requirements specified below.
To be considered for admission to the Master of Science degree in Marketing Research and Analytics, an applicant must:
Admission to the program is competitive and subject to space availability. Meeting the minimum standards above does not guarantee admission. The applicant’s overall record is considered including a resume, an academic statement, and bachelor's degree transcripts. An English Language test accepted by MSU Admissions is required for international applications only.
Prior to enrollment in the Master of Science degree in Marketing Research, the student must have:
Requirements for the Master of Science Degree in Marketing Research and Analytics
The Master of Science degree in Marketing Research and Analytics is available under Plan B (non-thesis). A total of 30 credits is required for the degree.
The Bachelor of Arts degree program in supply chain management focuses on the integration of value–adding components from manufacturing operations, purchasing, transportation, and physical distribution that are critical to the enhancement of global competitiveness. The objectives of the program are to provide students with a comprehensive background in each of the broad areas referenced above and to allow them to pursue concentrations within their areas of interest.
Students in the supply chain management program complete courses designed to develop specific skills in the planning and control of the value–creating processes in private and public enterprises. These processes include manufacturing systems and their management; product and material movement systems; and purchasing the materials, products, and services needed to produce the firm's output and managing their flows through the organization. Students may select such areas of study as physical distribution system design and administration, purchasing techniques and strategies, computer integrated manufacturing, and manufacturing strategies.
Requirements for the Bachelor of Arts Degree in Supply Chain Management
The Department of Supply Chain Management offers Master of Business Administration degree programs with a concentration in Supply Chain Management and a Master of Science degree in Supply Chain Management offering higher level studies in the major concepts of supply chain: logistics, procurement and operations. The department also offers a Graduate Certificate in Elements of Global Supply Chain Management. For information about the M.B.A. program refer to the Master of Business Administration statement in the Broad College section.
The Master of Science degree in Supply Chain Management is available through the Eli Broad Graduate School of Management. The program is completed over 20 months, five semesters with three 3-day on-campus sessions and eight week online sessions. Students in the program must complete the required courses in the defined sequence.
The program is designed for individuals with an undergraduate degree plus a minimum of two years of related experience. All students are expected to maintain full-time employment throughout the program. The program is specifically designed to prepare students for advancement in supply chain management careers with supply chain management companies or within supply chain management divisions within a corporation. Careers may also be in management, consulting, supplier business development, and supply chain management software support. The program provides an understanding of the role the supply chain manager can play in an enterprise supply chain and overall strategy. The program exposes students to leading supply chain management operating practices, analysis methods, technology applications, and strategy development.
To be considered for admission to the program, an applicant must:
Admission to the program is competitive. Meeting the minimum standards does not guarantee admission. Admission decisions are based on the applicant’s overall record, including previous academic work, work experience, job responsibilities, extra-curricular activities, references, and demonstrated potential for graduate and professional success. It is expected that all candidates will have an introductory awareness of statistics, accounting, finance, marketing, and human resource management, and a working knowledge of software for word processing, spreadsheets, presentations, and data-based management systems. Each student is expected to have a laptop computer with a minimum configuration approved by the program office.
Requirements for the Master of Science Degree in Supply Chain Management
A total of 31 credits are required for the degree under Plan B (without thesis). The student must meet the requirements as specified below:
Students are expected to (1) maintain a minimum grade-point average of 3.0 for each program residency module, (2) maintain a minimum cumulative grade-point average of 3.0, and (3) complete all courses listed on the Candidacy Form. A student’s academic progress will be monitored by the director of the master’s program in supply chain management or his/her delegate.
A student who does not maintain a cumulative 3.0 grade-point average for two consecutive residency modules will be placed on final probation. Students will be given the next two residency modules to achieve a cumulative 3.0 grade-point average; otherwise, dismissal from the program will normally occur.
Karthikeyan Namasivayam, Director
The hospitality industry is an exciting and fast growing industry throughout the world. Because it is part of the larger service economy, it offers graduates a wide range of career opportunities in management and entrepreneurship. The School of Hospitality Business prepares its students to enter management positions in lodging, food and beverage service, consulting, event planning, human resources, sales, information systems, marketing, as well as real estate investment management. Graduates find opportunities in venues such as hotels, restaurants, resorts, casinos, cruise lines, clubs as well as in sports and entertainment.The School of Hospitality Business was established in 1927, and in 1944 became the first hospitality program to be housed in a collegiate school of business.Because of its unique industry-specific status within the Broad College of Business, The School of Hospitality Business curriculum is business-focused and driven by the hospitality industry. Our graduates are equipped to face the challenges in this ever-changing industry, including operations, management, finance, accounting, marketing, human resources, information systems, law, production, facilities and emerging industry trends.
The undergraduate major in hospitality business blends hospitality business operations and fundamental areas such as accounting, finance, and marketing applied to hospitality business. Substantial work experience in the hospitality industry is required for hospitality business majors. Each student must complete 800 hours of work experience (400 hours in a Level 1. Internship and 400 hours in a Level 2. Internship). The internships must have the prior approval of the Student and Industry Resource Center Director. The Level 1. Internship must be completed prior to enrollment in Hospitality Business 307 and both internships Level 1. and Level 2.) must be completed prior to enrollment in Hospitality Business 489.Students who are enrolled in the bachelor’s degree program in The School of Hospitality Business may elect the Minor in Hospitality Real Estate. For additional information, please refer to the Minor in Real Estate statement below or visit The School of Hospitality Business - MSU Broad College of Business.
Students who are enrolled in the bachelor’s degree program in The School of Hospitality Business may elect the Minor in Food Processing and Technology. For additional information, refer to the Minor in Food Processing and Technology statement in the Department of Food Science and Human Nutrition statement in the College of Agriculture and Natural Resources section of this catalog.
Enrollment in The School of Hospitality Business is limited, and admission to the school is competitive. Students must apply for school admission by April 1 for a fall semester admission or by November 1 for a spring semester admission. Admission is based primarily on the cumulative grade-point average and grades in the core courses listed below. Academic and non-academic factors and experiences will also be considered. Minimum criteria for admission to the school are:
Enrollment in the minor is limited, and admission to the minor is competitive. Admission is based primarily on the cumulative grade-point average and grades in the core courses listed below. Academic and non-academic factors and experiences will also be considered. Minimum criteria for admission to the minor are:
Requirements for the Minor in Real Estate
The School of Hospitality Business offers several options for graduate study that prepare students for success in a strategic and global hospitality industry. Each program offers a flexible curriculum designed to meet the specific professional needs of students with diverse backgrounds and career objectives.The School of Hospitality Business supports doctoral students in programs at MSU that allow for a focus on the hospitality industry. Students admitted into Ph.D. programs that allow for a hospitality emphasis and receive support from The School of Hospitality Business will take core courses in the doctoral discipline, teach and work in The School of Hospitality Business, and form a guidance committee of faculty from both units. The School is only able to support a limited number of doctoral students.
The majority of Master of Business Administration degree graduates with a major in hospitality business enter the hospitality industry in management positions, in corporate staff positions, in consulting positions, or as teachers in hospitality management programs at the secondary, or two–year or four–year college, level.
Students who have had less than six months of full–time work experience in the hospitality industry prior to enrolling in the program must complete 400 hours of approved professional work experience while enrolled in a collateral course: HB 454 Professional Work Experience II (W).
In addition to meeting the requirements of the university and of the Broad School, students must meet the requirements for the Hospitality Business Major Field of Concentration specified below.
The Chef Michael L. Minor Master of Science degree program with a major in Foodservice Business Management is available only under Plan B (without thesis). The master’s program in foodservice business management contains a core of functional courses in hospitality business and related disciplines. Curriculum flexibility encourages the design of individualized programs of study which meet the specific professional needs of each student. It can help individuals prepare for doctoral study and a career in hospitality business education, or for the intricacies of foodservice industry operations, or for a corporate career path. The student must plan a program with The School of Hospitality Business Graduate Programs Coordinator before enrolling in the program.
To be considered for admission to the Chef Michael L. Minor Master of Science in Foodservice Business Management an applicant must:
In addition to prior academic preparation, the applicant’s scores GMAT or GRE scores, and the undergraduate grade-point average will be considered in the admissions decision. Applicants must also have completed at least one year of professional work experience. Students with limited academic preparation in the hospitality field may be required to complete collateral courses which will serve as prerequisites for required courses. These courses will not count towards requirements for the degree.
In addition to meeting the requirements of the university and The Eli Broad College of Business and The Eli Broad Graduate School of Management, students must meet the requirements specified below.
Requirements for the Chef Michael L. Minor Master of Science Degree Program in Foodservice Business Management
The student must complete a total of 36 credits under Plan B (without thesis). The student's program of study must be approved by the graduate program coordinator and must include:
To remain in the program and earn a Master of Science degree in Foodservice Business Management, a student must:
The Master of Science degree in Hospitality Business Management is available only under Plan B (without thesis). The program contains a core of functional courses in hospitality business and related disciplines. Curriculum flexibility encourages the design of individualized programs of study which meet the specific professional needs of each student. Graduates of this program seek employment opportunities in corporate-level positions within hospitality companies, consulting firms, or other service organizations. The student must discuss the planned program with The School's Graduate Programs Coordinator before enrolling in the program.
To be considered for admission to the Master of Science degree in Hospitality Business Management an applicant must:
Requirements for the Master of Science Degree in Hospitality Business Management
The program is available under Plan B (without thesis). A total of 36 credits are required for the degree. The student’s program of study must be approved by the graduate program coordinator.
To remain in the program and earn a Master of Science degree in Hospitality Business Management, a student must:
The Graduate Specialization in Hospitality Business is designed to provide the growing field of hospitality business education and research with individuals who possess the theoretical knowledge, research skills, and hospitality business course work necessary to advance hospitality education.
The Graduate Specialization in Hospitality Business is administered by The School of Hospitality Business within The Eli Broad College of Business and Graduate School of Management and is available as an elective for students who are enrolled in master’s or doctoral degree programs outside of The Eli Broad College of Business and Graduate School of Management at Michigan State University. Students who are interested in the specialization should contact the Graduate Programs Coordinator in The School of Hospitality Business and provide a statement regarding the relevance and usefulness of the specialization for them and their major program of study.
With the approval of the department or school and college that administers the student’s degree program, courses that are used to satisfy the requirements for the specialization may also be used to satisfy the requirements for the master’s or doctoral degree. The student’s program of study must be approved by the Graduate Programs Coordinator and the Director of The School of Hospitality Business.
Requirements for the Graduate Specialization in Hospitality Business