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Updated April 1, 2021
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Master of Business Administration (MBA)
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Credits:
36-481 year (full-time), 2 years (part-time)
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Degree:
MBA
Program Description
The Master of Business Administration (MBA) degree program at Cambridge College is designed to develop analytics and leadership skills. The program provides opportunities to work on real-life business problems in teams with faculty, business mentors, and other adult learners from around the world. In the final capstone project, you’ll develop a business idea and prepare a pitch-deck to present to an investor panel. Specialization areas for the MBA degree are available in Business Analytics, Marketing, and Project Quality Management.
Cambridge College MBA Program Highlights
Designed for working professionals, the MBA degree program at Cambridge College gives you the flexibility and support to make your graduate experience a success.
- Evening weekend intensive and online classes. Balance work and family time with the help of convenient night weekend intensive and online classes. With an average age of 37, Cambridge College specializes in teaching adult learners.
- No GMAT required. Start your MBA degree quickly. Cambridge College offers an easy application process and does not require graduate school exams for admission to the MBA program.
- Experienced faculty. MBA faculty at Cambridge College are experienced business professionals who bring real-world management skills and perspectives to the classroom.
- Cambridge College Consulting (C3) program. This student-run management consulting firm gives you the opportunity to apply academic knowledge to real-world projects with the guidance of professional management consultants.
- Diverse students. Cambridge College welcomes over 300 students from more than 50 countries and was recently ranked as one of the most ethnically diverse colleges in America.
- Convenient locations. All of our classroom locations are close to public transportation and/or offer free parking for students.
- Affordable graduate education. Cambridge College is committed to keeping tuition low and to providing an excellent value for the quality of education you receive.
MBA Program Learning Outcomes
When you earn your MBA degree at Cambridge College, you’ll graduate with the knowledge and the skills to:
- Effectively lead diverse teams and organizations.
- Apply critical thinking and problem-solving skills to business challenges.
- Analyze financial data and operate strategically within the framework of markets, technology, and resources.
- Demonstrate cultural competence in diverse organizational settings.
MBA Careers and Salary
Earning your MBA will give you a competitive edge in a dynamic job market. It will open new professional opportunities, and prepare you with leadership and communication skills that will enrich your career. Earning an MBA is also a great way to boost your salary.
MBA graduates typically double their salaries within three years of completing their degree and earn an average salary of $142,000.* (Source: Financial Times)
The MBA is a versatile degree that will open the door to management and leadership positions in business, non-profit, and government organizations. Jobs include:
- Chief Executive Officer
- Chief Technology Officer
- Financial Manager
- Business Analyst
- Marketing Manager
- Human Resources Manager
- Project Manager
- Management Consultant
- Entrepreneur
I chose Cambridge College because it offers a true equilibrium in my priorities - flexible programs at a fraction of the cost of other colleges and universities in the area and it allows me the flexibility to work and manage family life while still pursuing a degree. My Cambridge College education has provided me with a number of professional tools to compete in today’s job market. In addition, the College’s professors and staff are devoted to diversity and excellence at all levels.
Franklim Herwing
Class of 2018
Master of Business Administration
Example MBA Courses
These are just a few of the graduate courses you’ll take as an MBA student at Cambridge College:
- Foundations of Business Analytics
- Statistical Decision Techniques for Managers
- Project Management Concepts and Practices
- Strategic Management Capstone
View the full MBA degree program curriculum.
MBA Scholarships and Financial Aid
Get help with tuition and other expenses. More than 60 percent of our students receive financial aid, making Cambridge College an even greater educational value.
Grants, scholarships, loans and work-study are available to help graduate students with tuition and education costs. Learn more about applying for financial aid at Cambridge College.
Many companies also offer tuition assistance programs that can help to pay for your MBA program. Learn more about getting your company to help.
Related Programs at Cambridge College
If you’re considering an MBA degree, you might also be interested in learning more about these graduate programs at Cambridge College:
Curriculum
MBA specializations are presented following the MBA core courses. If students prefer not to specialize, they choose three courses from available SOM electives in consultation with advisor.
General Prerequisites
Graduate level English language communication and writing skills. Coursework required in first term(s) if writing assessment indicates need (credits do not count towards degree).
Business Communication
MMG 501E • 3 credit(s)
This course is focused on the communication, analysis and presentation skills necessary for success in the U.S. and global business environment. Using a variety of materials, including articles from newspapers, videos and podcasts of business topics, and cases, students will develop their reading, listening, critical thinking, and oral and written communication skills. Students will be exposed to issues facing managers in today's environment and gain a better understanding of the cultural assumptions and communication styles of the U.S. business workplace. They will learn the appropriate style of communication for different types of business situations--participating in meetings, interviewing, writing memos or reports and making oral presentations. They will learn to develop clear and persuasive arguments, both orally and in writing. Students may be required to take this course based on results of their initial writing assessments. It does not count as an elective in the Master of Management program.
Graduate Writing
MMG 505 • 3 credit(s)
This course concentrates on strategies and techniques for building an academic essay. Challenging readings are used to promote the kind of critical thinking and analysis that best support graduate work. Students move from initial ideas, to first drafts, to strategies for revising their papers to achieve a polished product. Through a sequence of three to four progressively longer essays, students come to understand their own writing styles, strengths and difficulties, and become competent evaluators of their own work. By giving attention to the writing process itself and its different phases, students gain awareness of how to achieve their best work. This course is a requirement for students in the MM 55 Program. It may not be taken as an elective.
MBA Prerequisites
12
Credits
These 4 courses are expected to be successfully completed prior to the entry into the graduate management program for MBA. Take in first term(s) or demonstrate competency through prior undergraduate courses with a grade of B or better, and within a certain time limit, from a regionally accredited institution. An assessment to demonstrate competency may be required.
Quantitative Analysis for Managers
MMG 506 • 3 credit(s)
Students learn to think about and express business problems in quantitative terms. They examine the basics of number theory, arithmetic operations including ratios and proportion, percentages, graphing, and algebraic operations. Students get an introduction to probability theory and statistical analysis. Topics include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, simple and multiple regression and correlation. Students learn to apply quantitative tools to solve a variety of business problems and create and use quantitative models for real-world problems. Charts and graphs are created using spreadsheet software. This course is a prerequisite to MMG525 Statistical Decision Techniques for Managers.
Foundations of Management
MMG 511 • 3 credit(s)
This course provides an overview of the field of management and establishes a foundation and common vocabulary for future course work. It emphasizes the functions of planning, organizing, directing and controlling. The course assumes students have limited academic knowledge of management theory, and some experience in real world management situations to bring into the classroom. In each session the class explores some aspects of management in theoretical terms and then focuses on application of the theory to the practical problems facing managers.
Accounting for Managers
MMG 514 • 3 credit(s)
This course provides a broad view of accounting, from the point of view of those who prepare and use financial information. It combines elements of financial and management accounting in order to provide a background for managers to understand how financial analysis can impact their decision making. Students will become familiar with the four major financial statements: the balance sheet, income statement, statement of retained earnings and the statement of cash flows. They will also be given an overview of the firm's operating, financing, and investing activities; and an introduction to product costing, operating budgets, and capital investment decisions.
Economics for Managers
MMG 515 • 3 credit(s)
The main objective of this course is to provide students with the basic concepts and analytical tools of economics and to apply them so as to understand the workings of a market economy and to increase their effectiveness as managers. After an introduction to the basic economic tools of supply and demand, and the treatment of profit maximization, we will cover the basic concepts of microeconomics for use in business decision making. Throughout the course, we will use economic theory and real world examples to analyze and understand the main issues of microeconomics and macroeconomics as they apply to the business world.
Core Curriculum
12
Credits
The following core courses must be taken in a student's first term(s).
Organizational Environment
MMG 512 • 3 credit(s)
This course provides an overview of the external and internal environment of organizations. It helps students understand the resource, market, technological, economic, and socio-political context of the organization, and the impact of multiple stakeholders on its goals and decision-making processes. It examines organizational architecture and dynamics from the structural, human resource, political and symbolic perspectives. The course draws on theories and research on organizations, including topics such as motivation, leadership, and organizational change and development. The intent of the course is to provide students with the theoretical base to better understand organizational behavior, and to equip them with tools to analyze and improve upon their own managerial practice.
Research Methods for Managers
MMG 517 • 3 credit(s)
This course helps students understand the role of research in the management decision making process and in the development of business plans and strategies. It helps students become familiar with the research process and with a variety of business research tools and techniques. Students learn how to define a problem and write good research questions, determine what tools and techniques are appropriate for different kinds of problems, find information sources and assess their reliability, and critically analyze information. They also learn how to present the results of research in appropriate output formats. This course helps students with their independent learning projects.
Statistical Decision Techniques for Managers
MMG 525 • 3 credit(s)
Prerequisite: MMG506 Quantitative Analysis for Managers or equivalent. This course provides students with the knowledge and appropriate use of descriptive and inferential statistical techniques used in management decision making and develops their ability to characterize management problems that can be solved by such techniques. Topics include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, simple and multiple regression and correlation, chi square testing, analysis of variance, and decision theory. spreadsheet and statistical computer programs are used in the class.
Foundations of Business Analytics
MMG 625 • 3 credit(s)
Prerequisites: MMG525 and working knowledge of MS Excel. This course offers an overview of the modern organizational landscape built around data and data analytics. Rooted in the notion of evidence-based management, the course aims to enhance students’ understanding of how successful, data-driven business organizations extract insights to enhance their competitive advantage. Three broad topical areas will be covered: 1. making sense of data, 2. estimation and statistical inference, and 3. learning with data.
MBA Required Courses
27
Credits
The following required courses must be taken after the completion of the core curriculum.
Project Management Concepts and Practices
MMG 710 • 3 credit(s)
In this course, students will learn how to use the concepts, tools and techniques of project management in order to successfully manage system development projects. System development project failures are generally failures of management, not failures of technology. Good management, along with an understanding of the appropriate use of technology, is therefore essential. Students will learn, in particular, how to apply the concepts, tools and techniques of project management in today's dynamic, digital business environment, where projects must be brought to completion under increasingly compressed timeframes and where decisions must be made under conditions of uncertainty.
Operations Management
MMG 712 • 3 credit(s)
Operations refers to the process by which an organization converts inputs (facilities, equipment, labor, etc.) into outputs (services and goods). This process involves management functions such as planning, the acquisition and utilization of resources, control, evaluation, and appropriate change. This course also develops an appreciation of the distinctions and relationships between the operations function and other functions of the organization including finance and marketing.
Management of Information Technology
MMG 715 • 3 credit(s)
Prerequisite: MMG 522. This course provides an understanding of how information technology may be efficiently and effectively used in the business environment. Students get an overview of hardware, software, file/database concepts, systems analysis and design methodologies. The complex integration of hardware, software, data, procedures and personnel that is required for managing information systems is addressed. The impact of constantly changing information technology upon the organization and the management of the firm is discussed.
Financial Management
MMG 725 • 3 credit(s)
Prerequisite: MMG520. The major goal of the financial manager is to maximize the value of the firm. Accordingly, this course focuses on analysis and interpretation of financial data from the income statement, balance sheet and the statement of cash flows, for decision making. Powerful planning and control tools such as pro forma budgeting and break-even analysis are introduced, as well as the concepts of operational and financial leverage. Students learn how to estimate the amount of cash an organization will need in its operations. One key focus of the course is on capital budgeting, based on the concepts of the time value of money. This includes calculations of future value (FV), present value (PV), net present value (NPV), internal rate of return (IRR) and payback period.
Marketing Management
MMG 733 • 3 credit(s)
Prerequisite: MMG 511 recommended. This course provides a basic overview of the marketing management process, oriented primarily to the non-marketing specialist. It examines the role of marketing in a variety of organizations - product/service, public/private. It introduces students to the analysis of an organization’s market environment, and the development of marketing programs designed to achieve organizational goals. Topics covered include the analysis of markets, buyers and competition; the identification and selection of target markets; the design of product, pricing, distribution and communication programs appropriate to selected markets; and the planning, implementation and control of the marketing effort. The course emphasizes the practical utility of marketing tools and concepts through the use of case studies and application to the students’ own work environment. The course also attempts to create a heightened awareness of the global interrelationships affecting marketing, and the societal implications of marketing decisions.
MBA Capstone
3
Credits
Strategic Management
MMG 739 • 3 credit(s)
Prerequisities: MMG 511, MMG 512, MMG 514, MMG 725, MMG 733. Strategic management is concerned with managerial decisions and actions taken in order to ensure the success and sustainability of the entire organization in an environment of competition, change and uncertainty. The objectives of the course are to build an understanding of the key concepts in strategic management and the competitive business environment that organizations fade, and to develop skills in applying the concepts to analyze real world situations. The course integrates prior leaning in courses such as organizational environment, accounting, finance and marketing.
Business Analytics Specialization
6
Credits
Foundational knowledge of applied data analytics, built on a combination of conceptual understanding of core statistical and computational approaches and techniques, and practical data management, manipulation, analysis and visualization competencies. Focused on translating raw data into decision-guiding knowledge by means of thoughtful and creative use of statistical machine learning and data visualization techniques and tools.
Data Exploration and Visualization
MMG 603 • 3 credit(s)
Prerequisites: MMG525 and working knowledge of MS Excel. This course offers an introduction into applied, basic analyses of data, and visual presentation of data analytic results. Students are introduced to foundational concepts and practices of statistical estimation, sample-based inference, and data/result visualization. The course combines the development of conceptual understanding of core statistical and data management notions, and experiential know-how aimed at acquiring basic data manipulation, analysis and result interpretation skills.
Data-Driven Decision Making
MMG 604 • 3 credit(s)
Prerequisites: MMG525, MMG625, MMG603, and working knowledge of MS Excel. This course offers students an introduction into the emerging domain of evidence-based practice, with a particular emphasis on the use of data analyses derived insights as a basis of decision-making. Students will explore the basic principles of evidence-based practice in the context of the scope of evidence, and will be introduced to the Empirical & Experiential Evidence Framework.
Marketing Specialization
6
Credits
Market analysis and research, marketing planning, digital marketing, marketing strategy. Jobs include marketing analyst, marketing associate, social media specialist, marketing manager.
MMG737 is the required last course in this specialiation. Prereq's are MMG733 and 517.
Digital Marketing
MMG 736 • 3 credit(s)
Prerequisite: MMG733. For a business to succeed in today’s digital world, it is important to have a strong digital footprint. The course will assist the students to identify and understand the elements of digital marketing and how to create, implement and evaluate a digital marketing strategy. Students acquire the knowledge to build and actively manage digital marketing campaigns across social media, website and mobile platforms and track results of digital advertising through analytic tools.
Marketing Strategy
MMG 737 • 3 credit(s)
(Prerequisites: Marketing Management and MMG517). This course focuses on business level marketing strategy and uses the marketing planning process as the framework for understanding the integration and coordination of marketing decisions. Students will apply strategic marketing concenpts to a real-life business case study. They will work in teams, under faculty supervision, on a marketikng strategy consulting project. They will analyze the company issues and/or opportunity, gather information, and develop recommendations for action.
Project Quality Management Specialization
6
Credits
Prereq for MMG795 is experience in a project team as project manager or MMG710 equivalent.
Total Quality and Operations Management
MMG 713 • 3 credit(s)
Operations Management is the process by which an organization converts inputs (facilities, equipment, labor, etc.) into outputs (services and goods). This conversion process involves management functions including planning, acquisition and utilization of resources, control and evaluation. Total Quality Management (TQM) is a way for businesses and organizations to improve the quality of business processes and performance. This course develops an appreciation of the TQM concept as well as the distinctions and relationships between the operations function and other functions of the organization.
Advanced Project Management
MMG 795 • 3 credit(s)
MMG795 focuses on solving common problems in project management. Topics covered include: How to use MS Project to plan and track projects; 2) How to recruit and motivate project teams; 3) How to accelerate a project plan - or make up time that was lost; 4) How to select and manage outsourced services; 5) How to plan for the unknown: risk, quality, and slope creep; 6) How to know whether your project is doing well - and what to tell your sponsor, team, customers; 7) Your ethical and social responsibilities as a project manager. Students will build skills through group and individual assignments, case studies, and hands-on exercises. Prerequisite: Students need some experience with projects, either by previous experience on a project team or as a project manager. Students may substitute MMG710 or some other formal classroom course in project management for the prerequisite.
Admissions
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Admission Test:
No standardized graduate school tests required.
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Admissions Office:
1-800-829-4723
- Application Form:
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Application Fee:
$50, nonrefundable ($100 for international students)
Health Requirements for Massachusetts Students
The Massachusetts Health Department and Cambridge College require the following of students in Massachusetts:
Immunizations – All students in Massachusetts are required to get certain immunizations before you can register for your first term. See form
Health Insurance – In Massachusetts, undergraduate students taking nine or more credits/term and graduate students taking six or more credits/term must enroll in the College’s health insurance plan. Students who have insurance with comparable coverage may request a waiver. See information and enroll or waive.
School Requirements
See Admissions Requirements for the School of Management
International Students
International students need to provide supplemental documentation:
- Official demonstration of English language proficiency
- Supplemental documentation for issuance of I-20
- International transcripts, evaluated by an accepted evaluation service
Transfer Credit
Graduate program applicants, please complete the transfer credit request form if you wish to have prior course work evaluated for transfer. Learn more.
Tuition
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Credits:
36-48
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Cost per credit hour:
$658
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Application Fee:
$50, nonrefundable ($100 for international students)
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Health Insurance Fee:
$3,308 - Required for Massachusetts students only. See waiver details on Tuition & Fees page.
Note: Rates are as of July 2020, and are subject to change without notice. Rates apply to all students, unless otherwise noted.
Financial Aid
Cambridge College offers financial aid to students in our degree programs who are enrolled at least half time. Undergraduate students must be enrolled in at least 6 credits each term. Graduate and doctoral students must be enrolled in at least 4 credits each term. Learn more
Grants, Scholarships and Loans
Cambridge College welcomes the opportunity to support your efforts to pay for college. Federal, state and local resources in the form of grants, scholarships, loans and work-study, including Cambridge College Scholarships, are available to help defray the cost of tuition. Learn more
Getting Your Company to Help
Many companies have tuition assistance programs, designed to help their employees with their professional development. Learn more
Take the Next Step Toward Your MBA Degree
Take the Next Step Toward Your MBA Degree
Ready to Apply?
We can help you with any aspect of the application process. Call us at 1-800-829-4723. Start your journey now!
Have Questions?
An admissions counselor will be happy to help you with any questions you may have.
- Email Admissions
- Request Information
- Call 1-800-829-4723
