Daemen College : Academics & Research : Division of Health & Human Services : Accounting / Information Systems : Graduate Programs : Master of Science in Global Business

Master of Science in Global Business

Philosophy of the Master of Science Global Business Program

All organizations now operate within a global environment, and to be successful a business professional must approach the marketplace with a global state of mind. No longer can activities be divided into domestic and international. The purpose therefore of the Master of Science in Global Business is primarily to instill a professional mastery of current and emerging global business issues that will provide the student with the expertise to compete successfully in the global marketplace. Secondarily, the program allows the student to choose a functional area such as marketing or management information systems in which to specialize. These specialized courses allow the student to gain deeper insight into a functional area of business on the global scale.

Outcome Objectives

Upon completion of the master’s program in Global Business the graduate will:

1. Understand the importance of technology, ethics, and diversity in a global business environment.
2. Be able to communicate effectively and demonstrate the leadership abilities necessary for success in international business.
3. Understand the importance of individual responsibility and demonstrate the ability to work effectively in teams.
4. Demonstrate specific content knowledge in the chosen area of information systems, marketing, or accounting.
5. Integrate the knowledge and skills learned throughout the program culminating in a directed research project.

Admissions

Students must meet the following master’s level admission requirements:

1. Possess a baccalaureate degree from an accredited college or university with a major concentration in a business related field, such as accounting, business administration, economics, management, or marketing.  
2. Have an undergraduate grade point average of 3.0 or higher. If a student has an undergraduate grade point average of less than 3.0, (s) he will be required to take the Graduate Management Admission Test (GMAT). The following guideline will be used to determine admission for matriculation: (200 X undergraduate GPA) + GMAT score > 1000.
3. A student with a baccalaureate degree from an accredited college or university not in a business related field may be admitted if 30 credit hours or more of the undergraduate degree were in business related courses, or if the student has the equivalent work experience.
4. Provide two letters of recommendation that demonstrate the applicant’s ability to undertake a rigorous program of academic study as well as address the applicant’s leadership ability as the person making reference knows it.
5. Demonstrate satisfactory oral and written English by a pre-admission interview, a pre-admission essay or, if applicable, a satisfactory TOEFL score.
6. Submit a completed application form with fee.
7. Submit a personal goal statement.
8. Provide official transcripts from the institution that awarded the baccalaureate degree and any work completed at the graduate level.
9. A student may enter the program on a non-matriculated basis and complete a maximum of two courses while gathering the above materials and awaiting official acceptance. 

M.S. Global Business Scholarships

Four $1,500 scholarships will be awarded annually to new, full-time students in the M.S. Global Business program. These scholarships will be awarded based upon an application and essay submitted to a committee of the graduate faculty of the program. The scholarship will be prorated between two semesters ($750/semester).

Application requirements are as follows:

1. Student must be new to the M.S. Global Business program.
2. Student must attend on a full-time basis, i.e., nine credit hours per semester.
3. Student must submit application to the Director of the M.S. Global
   Business program by the following dates:
   1. August 22, 2009 for fall semester
   2. December 22, 2009 for spring semester
4. Student must submit an essay on the topic: The value of a master’s degree in global business in today’s world economy. The essay should be two pages, typewritten, 12-point font, with one inch margins at the top, bottom and both sides.

Time Limitation

For the Master of Science in Global Business, the student must complete all degree requirements within five calendar years. The student may petition the Director to waive this time requirement. The five-year period begins when the student is first matriculated in the program.

Graduation Requirements

Candidates for the degree of Master of Science in Global Business must complete all courses in their plan of study with a minimum GPA of 3.00.

The Curriculum

The student progresses through three stages of the curriculum. The student must complete the previous stage, or obtain the permission of the program director, before moving on to the next stages.

Stage One

MGT 501 The Global Competitive Framework
MGT 502 Ethics for Professionals in a Multicultural World
MGT 503 Comparative Management

Stage Two

MGT 504 Operational and Technology Issues in Global Business
MKT 507 Strategic Planning for the Global Market
FIN 601 Global Monetary System and Capital Markets

Stage Three

Three (3) electives, and
MGT 650 Directed Research

Specialty track in accounting

Students pursuing the specialty track in Accounting complete ACC 618, 620 and 630 in place of electives, and ACC 650 Directed Research in Accounting, during Stage Three.