Embarking on a graduate degree program is an exciting and challenging decision. The Augsburg MBA is a rigorous and intensive educational experience. The Augsburg MBA is practical and “hands-on,” focusing on applicable skills and knowledge designed to increase your ability to think, analyze and act. The Augsburg MBA provides students a unique opportunity to investigate business cultures and practices through a faculty-led international experience. Our curriculum integrates the global experience of our faculty and reflects Augsburg’s mission of developing leaders grounded in values, purpose, and vocation.

The Augsburg MBA is a proven accelerated program focusing on practical skills, knowledge, and teamwork; while built on a foundation of ethical decision-making. The Augsburg MBA additionally offers students the ability to include enhanced instructions in several professional business disciplines. We invite students to challenge themselves and their classmates to bring a new and expanded focus through guided reflection and examination.

Augsburg MBA students are chosen because they exhibit purpose and direction in their careers and lives, and positive engagement with their community and associates. We invite you to become part of a growing community of Augsburg MBA alumni.

Bruce E. Batten, Ph.D.
Director, Master of Business Administration Program

MBA Mission

To prepare students for professional careers in business by developing their decision-making skills, critical thinking and by transforming them into effective managers and leaders in service to others. The program aspires to provide an outstanding student-centered education that produces graduates who are critically astute, technically proficient, and who understand the moral and ethical consequences of their decisions on their organization and on the world.


The Augsburg MBA is a candidate for accreditation with the Association of Collegiate Business Schools and Programs (ACBSP).

Augsburg is accredited by The Higher Learning Commission, North Central Association of Colleges and Schools. For a complete list of Augsburg’s accreditations, approvals, and memberships, see the listing in the Accreditation, Approvals, and Memberships section.

MBA Program Overview

Today’s business leader must be able to quickly analyze situations and information and critically analyze alternatives and courses of action. The purpose of the Augsburg MBA is to prepare students to accept greater responsibility in organizations facing this dynamic and fast-evolving business culture. The curriculum of the MBA gives students the ability to think critically and ethically as they face the increased challenges of a global business environment. Quality, individual initiative, ethics, and teamwork are hallmarks of the Augsburg MBA. We have a commitment to continually improve students’ experiences and learning in the program. Our faculty is uniquely qualified to bridge theory and real-world application, giving MBA students opportunities to acquire skills and knowledge in a variety of disciplines. The Augsburg MBA offers students the flexibility of completing a general MBA or a specialized MBA with a concentration that matches their interests and career goals.

Plan of Study

The Augsburg MBA is an accelerated, evening program that allows working professionals to complete an MBA degree in approximately 24 months. This is accomplished by using a cohort model in which students follow a predetermined schedule with classes meeting one night a week.

Students in a cohort program model stay together as a group through the sequence of classes for the duration of the program. This provides a continuous, collaborative learning process. The cohort environment fosters a cohesive learning community where students learn from each another, mentor each other, and peer coach. You’ll share diverse professional expertise and experience as you work in teams on projects, case studies, presentations, and simulations, both inside and outside of class. Working both individually and in small groups enables you to enhance your strengths, build your skills, expand your business acumen, and improve your decision-making. Together as a community you’ll build personal, social, and academic abilities.

Adult learners bring a wealth of work and personal life experiences with them into the classroom, multiplying the opportunities for learning. The personal connections and relationships you build with fellow students and faculty will extend into an important and valuable network as you take your career to new levels.

Program Requirements

The Augsburg MBA requires 39 semester credits for degree completion, consisting of 11 required courses and two elective courses. All Augsburg MBA courses are three semester credits. Each course consists of 28-32 hours of in-class instruction and 5 ½ – 9 ½ hours of online instruction through our web-based electronic course management system.

Up to nine credits may be waived through prior business coursework (with director/faculty approval) or certain professional credentials (with appropriate documentation).

Courses that can be waived with equivalencies:

  • MBA 510 (3 semester credits)
  • MBA 520 (3 semester credits)
  • MBA 530 (3 semester credits)
  • MBA 550 (3 semester credits)
  • MBA 565 (3 semester credits)

Professional Credentials

Students who have passed the Certified Public Accountants (CPA) or Certified Management Accountants (CMA) exam may be waived from MBA 520, Accounting for Managers.

Prior Academic Coursework Guideline

  • Students with prior academic coursework that meets the following criteria may be waived from eligible core courses.
  • Completion of at least two undergraduate courses covering corresponding Augsburg MBA core course material (See department for Equivalency details).
  • The most recent of the undergraduate courses was taken within the past five years and a second course within seven years.
  • A grade of B (or 3.0 on 4 point scale) or higher was earned in any course considered for a course waiver.
  • Course(s) must be taken at an approved, regionally-accredited institution.

Acceptance of core course waivers implies the student accepts the responsibility for having the essential knowledge and understanding of the core course material, and is properly prepared for any future core or elective course for which the waived course was a prerequisite. Academic credit is not awarded for any waived course, nor will the course appear on academic transcripts.

Specialized Plan of Study

The Augsburg MBA offers students the flexibility of completing a general MBA or a specialized MBA with a concentration that matches their interests and career goals. An Augsburg MBA with a concentration consists of 11 required MBA courses and 3 additional courses that focus on a specific area of interest.

Academic Calendar

The Augsburg MBA is designed as a year-round program. Courses are offered during fall, spring, and summer semesters. Courses are offered consecutively during each term so students are able to concentrate on one subject at a time. The program is designed to have students take at least two courses per term.

Official academic calendars and the MBA registration policies can be found at The unique cohort model of the Augsburg MBA requires individual schedules for each cohort.  These schedules are provided by the MBA department.

The Faculty-Led International Experience

Each year, all current MBA students are offered the opportunity to participate in a faculty-led international experience. This trip is taken in conjunction with either of these courses: MBA 565 – Managing in a Global Environment or MBA 595 – Strategic Management. Students will travel as a group to an international location, visit businesses, participate in faculty lectures, and learn about the culture and traditions of the countries visited. Each MBA student should have two opportunities during their matriculation in the program to participate. Costs can vary; but as a minimum, trips normally include tuition (for the course selected), airfare, lodging, and travel in-country, as well as some meals.

The Augsburg MBA

The 11 required courses of the Augsburg MBA are as follows:

  • MBA 510 – Applied Managerial Economics
  • MBA 520 – Accounting for Business Managers
  • MBA 530 – Managerial Finance
  • MBA 540 – Business and Professional Ethics
  • MBA 545 – Organization Behavior
  • MBA 550 – Marketing Management
  • MBA 565 – Managing in a Global Environment
  • MBA 570 – Quantitative Decision-Making for Managers
  • MBA 580 – The Field Study
  • MBA 592 – Leadership: Ethics, Service, and Transformation
  • MBA 595 – Strategic Management

To complete their MBA degree, students must also select two Elective Courses from a pool of courses in the areas of finance, management, marketing, international business, or health care.

Graduate Concentrations and Certificates

MBA with a concentration

The Augsburg MBA with a concentration requires the successful completion of 14 MBA courses, including the 11 required courses listed above and three required concentration courses. Available concentrations may include: finance, management, marketing, international business, or health care. A concentration may allow students to become competitive in a specific career field or, in some cases, it may assist students in achieving professional certification or accreditation. Availability of concentration courses is dependent on student interest.

Finance Concentration

  • MBC 532 – Investment Theory and Portfolio Management
  • MBC 535 – International Finance
  • MBA 599 – Special Topics: Finance Project

Management Concentration

  • MBA 596 – Managing Innovation
  • MBA 576 – Project Management
  • MBA 599 – Special Topics: Operations

Marketing Concentration

  • MBA 599 – Special Topics: Marketing Research
  • MBA 599 – Special Topics: Strategies in E-Marketing
  • MBC 552 – Marketing Communications

International Business Concentration

  • MBA 599 – Special Topics: Strategies in Global Marketing
  • MBA 599 – Special Topics: International Logistics
  • MBA 599 – Special Topics: Feasibility Project

Health Care Management Concentration

  • MBC 547 – Human Resource Issues in Health Care
  • MBC 537 – Health Care Financing
  • MBA 593 – Health Care Operations Management

Social Entrepreneurship Certificate

The Social Entrepreneurship Certificate will expose students to the skills, knowledge, and perspectives necessary to pursue social impact entrepreneurially, effectively, and pragmatically. The program has been designed to serve those students who aspire at some point in their lives to be social entrepreneurs, executives in social-purpose organizations, philanthropists, board members, or leading volunteers in their communities and the social sector. The certificate program will also appeal to students interested in incorporating strategies for social impact into their business and entrepreneurial careers.

Students wishing to earn a Graduate Certificate in Social Entrepreneurship will complete five graduate-level courses. Courses include some that focus on the use of business/entrepreneurial skills for social impact in different contexts; others that focus on skills and knowledge from the MBA, Masters in Social Work or Master of Arts in Leadership that are particularly relevant for the effective pursuit of social impact; others that focus on field or industry-specific knowledge; and others that provide opportunities for students to gain practical experience in the social sector.

Three Social Entrepreneurship Courses (required):

  • MBA 583 – Social Entrepreneurship I: Execution, Planning and Strategy for Social Innovation-based Ventures
  • MBA 584 – Social Entrepreneurship II: Advanced Topics and Practice in Social Entrepreneurship, or MBA 580 – The Field Study
  •  or MBA 581, 582 – Management Consulting Project I, II
  • MBA 599 – Special Topics: Non-Profit Finance, Funding and Enterprise

Two Electives from the following courses:

  • MBA 592 – Leadership: Ethics, Vision and Transformation
  • MBA 545 – Organizational Behavior
  • MBA 550 – Marketing Management
  • MBA 595 – Strategic Management
  •  (or other director approved courses)

MSW/MBA Dual Degree

Many social service agencies today require that agency managers combine financial and business expertise with social work practice and policy formation. The MSW/MBA degree enables graduates to function in a workplace that demands the delivery of quality services with increasingly limited resources. The MSW/MBA dual degree option is available to MSW students who elect the Multicultural Macro Practice (MCMP) concentration.

MSW/MBA students will spend their first two years taking Master of Social Work courses followed by approximately 15 months of MBA courses. For more information regarding the Multicultural Macro Practice (MCMP) coursework required for the MSW/MBA dual degree, refer to the Master of Social Work section in this catalog. MSW students who graduated after June 2002 are required to complete the following eight MBA courses:

  • MBA 510 – Applied Managerial Economics
  • MBA 520 – Accounting for Business Managers
  • MBA 530 – Managerial Finance
  • MBA 545 – Organizational Behavior
  • MBA 550 – Marketing Management
  • MBA 560 – Communication Issues in Management
  • MBA 575 – Strategic Technology
  • MBA 595 – Strategic Management

MSW students who graduated prior to 2002 are required to complete nine MBA courses. This includes the eight MBA courses listed above as well as MBA 592 – Leadership: Ethics, Service, and Transformation.

MSW students may also be required to adjust their summative evaluation project to meet the requirements of the MSW and MBA programs.

Students interested in the MSW/MBA program must apply to both programs. See the application guidelines listed under each individual program.

NOTE: Admission to one program does not guarantee admission to the other.

For a complete list of courses and descriptions, see the Course Description Search.

Locations and Schedules

MBA classes are offered at three locations: Augsburg’s Minneapolis campus, Thrivent Financial in downtown Minneapolis and Augsburg’s Rochester campus. Cohorts begin three times per academic year at Augsburg’s Minneapolis campus: September, January, and May. In Rochester, cohorts begin in September and May.  Thrivent cohorts begin in September based on student interest.

Orientation for new cohorts is generally scheduled for one to two weeks in advance of the beginning of classes. For more information on class schedules, go to or call the Office of Admissions at 612-330-1101.

Admission to the Augsburg MBA Program

Admission to the Augsburg MBA program is determined by a committee decision. The committee may include MBA program staff, Business Administration Department faculty, and Office of Admissions staff.

Admission Requirements

Applicants to the MBA program must have:

  • Bachelor’s degree from a regionally-accredited four-year institution
  • Minimum of two years of relevant work experience
  • Personal interview with the MBA program director

Admission checklist

The following materials must be submitted to the Office of Admissions:

  • Completed application—Apply online at
  • $35 application fee
  • Two personal statements
  • Official undergraduate/graduate transcripts sent directly to the Augsburg Office of Admissions
  • Current résumé of work history
  • Two confidential letters of recommendation
  • Official GMAT score report (school code 6014)—not required for certificate applicants or completion of the Individual Learning Profile (ILP)

For information about the ILP, contact the Graduate Admission Department.

Admission as an International Student

International applicants must submit the required application materials listed above. Refer to the additional requirements outlined in Admission of International Students in the Graduate Admissions section.

Admission as a Transfer Student

Students may apply to Augsburg as a transfer student. Transfer students follow the same procedure as new applicants.

Transfer students may receive up to 9 semester credits in transfer. (See Evaluation of Transfer Credit in Academic Programs and policies.) Students must complete no fewer than 21 semester credits at Augsburg in order to receive their MBA degree from Augsburg College. All students must complete the Field Study (MBA 580) or the Management Consulting project, (MBA 581/2) to graduate. Eligible coursework must be approved by the MBA program director before transfer credit will be granted.

GMAT Alternative Option; The Individual Learning Profile (ILP)

Applicants to the MBA program who have not taken the GMAT may instead elect to complete the Individual Learning Profile (ILP) assessment. This option consists of two parts; an analysis of the applicants quantitative skills and a writing assessment. Both portions of the assessment are taken online, and the quantitative skills evaluation also offers the student interactive remedial instruction. The ILP is normally completed as part of the application process, prior to admittance.

GMAT Waiver Policy

As a general policy, the Augsburg MBA program requires the GMAT of all applicants, due to both the analytical and critical evaluation components of our accelerated program. The GMAT is used both to evaluate the candidate’s opportunity for success as well as to indicate areas where remedial work may be necessary. However, the Admissions Committee will consider, on a case-by-case basis, GMAT waiver requests for the MBA program. Waivers are not automatic for any candidate, and a brief written request must be submitted outlining the reasons why the Admissions Committee should grant a GMAT waiver. Current occupation or undergraduate disciplines are not specific grounds for a GMAT waiver.

Eligibility for GMAT Waivers

GMAT waivers may be offered to:

  • Candidates with an appropriate and current GRE score.
  • Candidates who have been enrolled in a graduate degree program in a technical or quantitatively rigorous discipline (such as actuarial science, engineering, mathematics, physics, economics, or chemistry) from an accredited institution and who were in good academic standing with an overall grade point average of 3.0 or better (or the equivalent of a B average under the system used by that institution). Students should have completed at least four academic courses within this curriculum to qualify. It is important to note that employment history and current assignment will be reviewed in addition to the degree requirement.
  • Candidates who hold the following graduate degrees from an accredited college or university with an overall grade point average of 3.0 or better (or the equivalent of a B average under the system used by that institution.)
  • Medical or dental degree (MD, DDS)
  • Master’s or doctoral degree in an academic discipline that included a significant quantitative, engineering, mathematics, or statistics component or involved research requiring significant quantitative skills.
  • Any other quantitatively-based graduate degree from an accredited college or university that the Admissions Committee believes has highly prepared the candidate for rigorous graduate-level work
  • Master’s, PhD, EdD, or advanced degrees in disciplines other than those identified, including those granted by academic institutions outside the US. These will be evaluated by the Admissions Committee. (See grade requirement above)
  • Candidates who have completed a graduate program at Augsburg College in the MAL, MAN, MSW, MAE, or PA programs.
  • Candidates with current and active CPA designation. If the CPA designation has been inactive and not current for a period greater than five years, the waiver may not be granted.

GMAT Waiver Checklist

Submit the following documentation to the associate director of the MBA program:

  • One-page written request outlining reasons why the Admissions Committee should grant a GMAT waiver
  • Copies of transcripts for all work completed at any college or university, whether or not a degree was granted (unless previously submitted to the Office of Admissions)
  • Current résumé (unless previously submitted to the Office of Admissions)
  • Any other information that you wish to submit to support your request.

Typically, GMAT waiver decisions are made within one week of receipt of materials. For questions about this checklist or the waiver policy, contact either the Office of Admissions or the MBA program office.

Academic Policies

MBA Program Enrollment Policy

Students are strongly encouraged to remain in their cohort and complete their MBA program as scheduled. Adjustments or modifications to the MBA schedule require the approval of the MBA program director.

All students are required to complete all components of the program within five years of matriculation. Extensions beyond five years will be considered on the basis of petition to the MBA director. Students who leave the program for more than one semester must request a leave of absence in writing from the MBA program. A leave of absence may be granted for one calendar year. Students who return to the program after a leave of one year or more must fill out an Application for Readmission form and submit it to the MBA office. Time spent on an official MBA-approved leave of absence will not count toward the five-year deadline for degree completion.

Academic Evaluation

Evaluation of academic performance in the MBA program will be based on number grades using a 4.0-scale. For complete information, see Academic Programs and Policies.

Withdrawal from Class

For information regarding the last date on which students may withdraw from a class and receive a “W” on their records, refer to the academic calendar at

Attendance Policies

Student attendance at scheduled class meetings is a priority and required. However, MBA faculty understand that MBA students are working adults with significant responsibilities who, on occasion, face unforeseen situations that may interfere with attendance. Students should notify the faculty member teaching the course as soon as possible when the problem is immediate. When the student knows in advance of a class date where a potential conflict exists, they must discuss the proposed missed class with the faculty member prior to the date of the class. Students are responsible for the work covered during that class session and for making appropriate arrangements for obtaining handouts, lecture content, or other materials. Faculty members may assign appropriate independent work to insure that the student understands the material covered during the class session.

If appropriate and acceptable coordination is carried out by the student, there need not be any grade reduction for a single missed class session. This may be dependent on assignments due on the date of the missed class; e.g., final project presentations or team presentations. Point/grade reductions for unexcused absences are the prerogative of the faculty. Two missed class sessions, unexcused or excused, may be grounds for directing the student to withdraw from the course. More than two absences, excused or unexcused, require that a student withdraw from the class.

Degree Requirements

To be conferred the MBA degree, students must achieve the following:

  • Successful completion of all admission conditions
  • Successful completion of MBA courses (2.5 or above)
  • No more than two courses with a grade of 2.5 or below, and with a cumulative GPA of 3.0 or higher at the completion of the program
  • Successful completion and submission of the management consulting project (capstone)

Students who successfully complete Augsburg’s MBA program will receive a Master of Business Administration degree.