Master of Business Administration with a concentration in Economic Development online

Whether your employer is a private firm or a government agency, develop the tools to cultivate opportunities for driving economic growth.

Apply by: 8/4/21
Start Class: 8/17/21
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Program Overview

$16,140* Total Tuition
As few as 12 - 18 months Program Duration
30 Credit Hours

Acquire essential knowledge about processes and practices related to urban and regional planning in the Master of Business Administration with a concentration in Economic Development online program. The coursework includes an in-depth study of financial concepts; methods and programs; and information sources vital to growing and sustaining development.

The relevant core curriculum helps you develop essential skills in accounting, business analytics, managerial economics, corporate finance, marketing and more. Our capstone course will strengthen your background in strategic management.

This program is designed for your success. That's why we include free, self-paced modules in accounting and economics, which can be completed concurrently with core coursework. Regardless of your undergraduate background, these modules empower you with valuable insight in these key areas prior to learning more rigorous quantitative material.

The Arthur J. Bauernfeind College of Business at Murray State University has been continuously accredited by The Association to Advanced Collegiate Schools of Business (AACSB International) since 1981.

Additional benefits of this program:

  • Our students consistently score above average on ETS® Major Field Tests, reflecting preparedness and confidence in impacting businesses after graduation.
  • Our faculty is dedicated to your success both in the program and in the workforce, providing personal attention, advisement and support.
  • You will have access to the resources within the Center for Economic and Entrepreneurial Development, which offers workshops, training and consulting services, and more for small-business owners in western Kentucky.
Additional benefits of this program:+
  • Our students consistently score above average on ETS® Major Field Tests, reflecting preparedness and confidence in impacting businesses after graduation.
  • Our faculty is dedicated to your success both in the program and in the workforce, providing personal attention, advisement and support.
  • You will have access to the resources within the Center for Economic and Entrepreneurial Development, which offers workshops, training and consulting services, and more for small-business owners in western Kentucky.

This program will prepare you for careers such as:

  • Urban and Regional Planner
  • Economic Development Project Coordinator
  • Economic Development Director
This program will prepare you for careers such as:+
  • Urban and Regional Planner
  • Economic Development Project Coordinator
  • Economic Development Director

+
Have questions or need more information about our online programs?
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Also available

Murray State University offers a variety of specialized MBA concentrations. Check out all of our online MBA programs.

Tuition

MBA online programs from Murray State University offer affordable, pay-by-the-course tuition. All fees are included in the total tuition.

Tuition breakdown:

$538 Per Credit Hour
$16,140* Total Tuition
View full tuition breakdown
Program Per Credit Hour Per Course Per Program
MBA – Economic Development $538 $1,614 $16,140*

*Proposed rate subject to approval by the Murray State University Board of Regents and the Kentucky Council on Postsecondary Education.

Calendar

Murray State University online programs are delivered in an accelerated format ideal for working professionals, conveniently featuring multiple start dates each year.

Now enrolling:

8/4/21 Next Application Deadline
8/17/21 Start Classes

View full calendar  + 

TermStart DateApplication DeadlineDocument & Financial Aid DeadlineRegistration DeadlineTuition DeadlineLast Class DayTerm Length
Summer 26/21/216/9/216/15/216/17/216/17/217/30/216 weeks
Fall 18/17/218/4/218/6/218/10/218/12/2110/1/217 weeks
Fall 210/11/219/28/219/30/2110/1/2110/5/2011/30/217 weeks
Spring 11/18/221/7/221/10/221/12/221/13/223/4/227 weeks
Spring 23/10/222/28/223/3/223/7/223/8/224/29/227 weeks
Ready to take the next step toward earning your degree online from Murray State?
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Admissions

At Murray State University, we've streamlined the admission process to help you get started quickly and easily. Please read the requirements for the MBA with a concentration in Economic Development online, including where to send your transcripts.

The requirements include:

Online application accepted on a rolling basis
Undergraduate degree from an accredited institution
Transcripts from all colleges and universities previously attended
GMAT waiver available for qualified applicants
View all admission requirements

For admission to this MBA online program, you must meet one of the following sets of requirements:

  • Master's degree in a relevant field or doctoral-level degree from an accredited institution
  • Bachelor’s degree from an accredited institution with:
    • 3.25 undergraduate GPA
    • 3.0 GPA and two years of full-time relevant work experience
    • 2.75 GPA and four years of full-time relevant work experience
    • 2.5 GPA and four years of full-time relevant work experience + a minimum GMAT score of 430 with a minimum quantitative subscore of 32 or a minimum GRE total score of 288 with a minimum quantitative subscore of 147

Note: For domestic applicants with below a 2.5 undergraduate GPA who have the necessary exam score, and whose case includes exceptional circumstances, the admissions committee may conduct a candidate review on a case-by-case basis. In such exceptional cases, the admissions committee will review whether a candidate has significant high-level work experience or qualifications and at least five years since earning a bachelor’s degree.

Official transcripts, test scores and other documents should be sent from issuing institutions to:

Email address: [email protected]

Mail address:

Graduate Admissions
Murray State University
B2 Sparks Hall
Murray, KY 42071

Questions? Call 866-906-0541.

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Courses

For the MBA with a concentration in Economic Development online, you must complete 21 credit hours of core courses (including a capstone course) and nine credit hours of electives. You also must complete two free, self-paced modules in accounting and economics, which can be taken concurrently with other core coursework in the program.

Expand All
Duration: 7 weeks
Credit Hours: 3
An in-depth study of management accounting techniques and methods needed for effective management of business enterprises. The trade-offs management makes in acquiring and using accounting information for decision-making and control are discussed. Specific topics include cost behavior and estimation, short-term decision-making, budgeting, performance evaluation, cost allocation, and product costing.
Duration: 7 weeks
Credit Hours: 3
Business analytics refers to the techniques and practices of statistical data analyses useful to business organizations. This course covers the fundamental concepts of data analysis, and intermediary concepts such as predictive analysis and prescriptive analysis. The analytical techniques covered include visualization, regression, forecasting, simulation, optimization and risk analysis. Students get to learn and use advanced spreadsheet functions and visualization tools to analyze business data.
Duration: 7 weeks
Credit Hours: 3
Application of economic models and rationale to business decision-making with special emphasis on case studies. Topics include supply and demand, elasticity, production and costs, market structure, strategic interaction, pricing strategies and government intervention.
Duration: 7 weeks
Credit Hours: 3
Practical application of the finance function in a company with specific emphasis on maximizing the value of the firm for its shareholders. Financial decision-making integrated with the theory of capital markets. Particular attention is given to the areas of investment, capital structure, short-term financing, and working capital management.
Duration: 7 weeks
Credit Hours: 3
Defines organizations and managers’ roles in those organizations, with special emphasis upon behavioral issues. Examines individual, group and organizational processes in light of the environment within which the organization functions. Special attention is given to managing in non-U.S. settings and the ethical problems faced in the managerial job.
Duration: 7 weeks
Credit Hours: 3
This is the MBA capstone course in which the students must integrate all of the functional areas of business administration and analyze their impact on management policy and strategy decisions. Even though each student will bring knowledge of his or her area of specialization into the classroom, it is expected that the student will perform as a generalist rather than a specialist and as a practicing manager rather than an impartial researcher.
Duration: 7 weeks
Credit Hours: 3
This course is a study of marketing as the firm’s strategic link with its customers in a global competitive environment. Major topics include (1) the development of marketing strategy, (2) the formulation of marketing plans, (3) the selection and implementation of marketing tactics, and (4) ethical considerations in marketing.

Embedded into the curriculum are two free, leveling courses to fully prepare you for your graduate level courses. Designed to revitalize your skills and reinforce previous concepts, these self-paced modules will strengthen your understanding of accounting and economics and can be taken simultaneously with your other program courses, but prior to ACC 604 and ECO 625. These mandatory modules are pass/fail with 80 percent being the minimum score to pass.

Duration: 7 weeks
Introduces the application of basic accounting techniques for recording, analyzing, and communicating financial information to parties external to a corporate business entity. Topics include understanding the elements of the accounting equation, using double-entry accounting methods to create and summarize account balances, preparing the four basic financial statements, and analyzing financial ratios. Both service and merchandising business operations are discussed. Can be taken a maximum of three times.
Duration: 7 weeks
An introduction to basic economic theory related to supply and demand, elasticity, firm theory, market structures and government policy analysis. This course provides the theoretical and mathematical foundation for the application of economic theory to business problems. Can be taken a maximum of three times.
Duration: 7 weeks
Credit Hours: 3
Course will introduce students to the process, purpose, and background needed for the local economic development process.
Duration: 7 weeks
Credit Hours: 3
Course will introduce students to the methods and sources of information used in the economic development process.
Duration: 7 weeks
Credit Hours: 3
Course will introduce students to the financial concepts, tools, programs, and practices needed by economic development professionals.

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Need more info?

Submit the form below, and a representative will contact you to answer your questions.

Or call 866-906-0541

By submitting this form, I am providing my digital signature agreeing that Murray State University (Murray State) may email me or contact me regarding educational services by telephone and/or text message utilizing automated technology or a pre-recorded message at the telephone number(s) provided above. I understand this consent is not a condition to attend Murray State or to purchase any other goods or services.

Ready to begin?

Start your application today!
Apply Now
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866-906-0541
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