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:: Master of Business Administration (MBA)

A master's degree[note 1] (from Latin magister) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.[1] A master's degree normally requires previous study at the bachelor's level, either as a separate degree or as part of an integrated course. Within the area studied, master's graduates are expected to possess advanced knowledge of a specialized body of theoretical and applied topics; high order skills in analysis, critical evaluation, or professional application; and the ability to solve complex problems and think rigorously and independently.

• Postgraduate/graduate master's degrees (MA/M.A./A.M., MPhil/M.Phil., MSc/M.S./SM, MBA/M.B.A., LLM/LL.M., etc.) are the traditional formal form of master's degree, where the student already holds an undergraduate (bachelor's) degree on entry. Courses normally last one year in the UK and two years in the US.[47][48]
• Integrated master's degrees (MChem, MEng, MMath, MPharm, MPhys, MPsych, MSci, etc.) are UK degrees that combine an undergraduate bachelor's degree course with an extra year at master's level (i.e. a total of four years in England, Wales and Northern Ireland, and five years in Scotland). A 2011 survey of UK Higher Education Institutes found that 64% offered integrated master's course, mostly in STEM disciplines, with the most common degrees being MEng, MSci and MChem. 82% of respondents conferred only a master's degree for the course, while 9% conferred a bachelor's degree at the end of the bachelor's-level stage and a master's degree at the end of the course and a further 9% conferred both bachelor's and master's degrees at the end of the course.[56][57]

The UK Quality Assurance Agency defines three categories of Master's degrees:[59]

• Research master's degrees are primarily research based, although may contain taught elements, particularly on research methods. Examples are the MLitt (usually, but not always a research degree), the Master's by Research, and the MPhil. The Master's by Research (MbyRes, ResM), which is a research degree, is distinct from the Master of Research (MRes), which is a taught degree concentrating on research methods.[60]
• Specialised or advanced study master's degrees are primarily taught degrees, although commonly at least a third of the course is devoted to a research project assessed by dissertation. These may be stand-alone master's courses, leading to, e.g., MSc, MA or MRes degrees, or integrated master's degrees.
• Professional or practice master's degrees (see also professional degree) are designed to prepare students for a particular professional career and are primarily taught, although they may include work placements and independent study projects. Some may require professional experience for entry. Examples include MBA, MDiv, LLM and MSW as well as some integrated master's degrees. The name of the degree normally includes the subject name.

The United States Department of Education classifies master's degrees as research or professional. Research master's degrees in the US (e.g., M.A./A.M. or M.S.) require the completion of taught courses and examinations in a major and one or more minor subjects, as well as (normally) a research thesis. Professional master's degrees may be structured like research master's (e.g., M.E./M.Eng.) or may concentrate on a specific discipline (e.g., M.B.A.) and often substitute a project for the thesis.[48]

Master's programs in the US and Canada are normally two years in length. In some fields/programs, work on a doctorate begins immediately after the bachelor's degree, but a master's may be granted along the way as an intermediate qualification if the student petitions for it.[48] Some universities offer evening options so that students can work during the day and earn a master's degree in the evenings.[63]

Admission to a master's degree normally requires successful completion of study at bachelor's degree level either (for postgraduate degrees) as a stand-alone degree or (for integrated degrees) as part of an integrated scheme of study. In countries where the bachelor's degree with honours is the standard undergraduate degree, this is often the normal entry qualification.[59][72] In addition, students will normally have to write a personal statement and, in the arts and humanities, will often have to submit a portfolio of work.[73]

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A business school is a university-level institution that confers degrees in business administration or management. According to Kaplan business schools are "educational institutions that specialize in teaching courses and programs related to business and/or management".[1] Such a school can also be known as school of management, school of business administration, or colloquially b-school or biz school. A business school teaches topics such as accounting, administration, strategy, economics, entrepreneurship, finance, human resource management, management science, management information systems, international business, logistics, marketing, organizational psychology, organizational behavior, public relations, research methods and real estate among others.

There are several forms of business schools, including a school of business, business administration, and management.

1. Most of the university business schools consist of faculties, colleges, or departments within the university, and predominantly teach business courses (e.g. Mannheim Business School).
2. In North America, a business school is often understood to be a university program that offers a graduate Master of Business Administration degrees and/or undergraduate bachelor's degrees (e.g. Harvard Business School).
3. In Europe and Asia, some universities teach predominantly business courses (e.g. Copenhagen Business School).
4. Privately owned business school which is not affiliated with any university (e.g. WHU-Otto Beisheim School of Management).

Kaplan classifies business schools along four Corners:[2]

1. Culture (Europe - US): Independent of their actual (physical) location, business schools can be classified according to whether they follow the European or the US model.
2. Compass (international/global – regional/local): Business schools can be classified along a continuum, with international/ global schools on one end and regional/ local schools on the other.
3. Capital (public – private): Business schools can either be publicly (state) funded or privately funded, for example through endowments or tuition fees.
4. Content (teaching – research): Business school can be classified according to whether a school considers teaching or research to be its primary focus.

Common degrees are as follows.

• Associate's degree: AA, AAB, ABA, AS
• Bachelor's Degrees:

BCom, BA, BS, BBA (Bachelor of Business Administration), BBus (Bachelor of Business), BSBA, BAcc, BABA, BBS, BMOS and BBusSc (Bachelor of Business Science)

• Master's Degrees: MBA, MBM, Master of Management, MAcc, MMR, MSMR, MPA, MISM, MSM, MHA, MSF, MSc, MST, MMS, EMBA and MCom. At Oxford and Cambridge business schools an MPhil or MSc, is awarded in place of an MA.
• Doctoral Degrees: Ph.D., DBA, DHA, DM, Doctor of Commerce (DCOM), PhD in Management or Business Doctorate (Doctor of Philosophy), Doctor of Professional Studies (DPS)

Some business schools structure their teaching around the use of case studies (i.e. the case method). Case studies have been used in Graduate and Undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more.

Business schools often obtain case studies published by the Harvard Business School, INSEAD, London Business School, the Kellogg School of Management at Northwestern University, the Ross School of Business at the University of Michigan, the Richard Ivey School of Business at The University of Western Ontario, the Darden School at the University of Virginia, IESE, other academic institutions, or case clearing houses (such as The Case Centre). Harvard's most popular case studies include Lincoln Electric Co.[44] and Google, Inc.[45]

Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching:

1. Preparing case-specific questions to be answered by the student. This is used with short cases intended for Undergraduate students. The underlying concept is that such students need specific guidance to be able to analyze case studies.
2. Problem-solving analysis is the second method initiated by the Harvard Business School which is by far the most widely used method in MBA and executive development programs. The underlying concept is that with enough practice (hundreds of case analyses) students develop intuitive skills for analyzing and resolving complex business situations. Successful implementation of this method depends heavily on the skills of the discussion leader.
3. A generally applicable strategic planning approach. This third method does not require students to analyze hundreds of cases. A strategic planning model is provided and students are instructed to apply the steps of the model to six – and up to a dozen cases – during a semester. This is sufficient to develop their ability to analyze a complex situation, generate a variety of possible strategies and to select the best ones. In effect, students learn a generally applicable approach to analyze cases studies and real situations.[46] This approach does not make any extraordinary demands on the artistic and dramatic talents of the teacher. Consequently, most professors are capable of supervising the application of this method.

In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research, management information systems, statistics, organizational behavior, modeling and simulation, and decision science. The leading institution in this method is the Tepper School of Business at Carnegie Mellon University. The goal is to provide students a set of tools that will prepare them to tackle and solve problems.

Another important approach used in business school is the use of business games that are used in different disciplines such as business, economics, management, etc. Some colleges are blending many of these approaches throughout their degree programs, and even blending the method of delivery for each of these approaches. A study from by Inside Higher Ed and the Babson Survey Research Group[48] shows that there is still disagreement as to the effectiveness of the approaches but the reach and accessibility is proving to be more and more appealing. Liberal arts colleges in the United States like New England College,[49] Wesleyan University,[50] and Bryn Mawr College are now offering complete online degrees in many business curriculae despite the controversy that surrounds the learning method.

There are also several business schools which still rely on the lecture method to give students a basic business education. Lectures are generally given from the professor's point of view, and rarely require interaction from the students unless notetaking is required. Lecture as a method of teaching in business schools has been criticized by experts for reducing the incentive and individualism in the learning experience.[51]

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Louisiana (/luˌi�ziˈænə/ (listen), /ˌlu�zi-/ (listen))[a] is a state in the Deep South region of the South Central United States. It is the 31st most extensive and the 25th most populous of the 50 United States. Louisiana is bordered by the state of Texas to the west, Arkansas to the north, Mississippi to the east, and the Gulf of Mexico to the south. A large part of its eastern boundary is demarcated by the Mississippi River. Louisiana is the only U.S. state with political subdivisions termed parishes, which are equivalent to counties. The state's capital is Baton Rouge, and its largest city is New Orleans.

State of Louisiana État de Louisiane  (French)
Flag Seal
Nickname(s): Bayou State • Creole State • Pelican State (official) Sportsman's Paradise • The Boot
Motto(s): Union, Justice, Confidence
State song(s): ""Give Me Louisiana" "You Are My Sunshine" "State March Song" "Gifts of the Earth""
Official language	No official language
Spoken languages	As of 2010[1] English 91.26% French 3.45% (incl. Cajun and Creole) Spanish 3.30% Vietnamese 0.59%
Demonym	Louisianian (French: Louisianais)
Capital	Baton Rouge
Largest city	New Orleans[2][3][4]
Largest metro	Greater New Orleans
Area	Ranked 31st
 • Total	52,378.13 sq mi (135,382 km2)
 • Width	130 miles (210 km)
 • Length	379 miles (610 km)
 • % water	15
 • Latitude	28° 56′ N to 33° 01′ N
 • Longitude	88° 49′ W to 94° 03′ W
Population	Ranked 25th
 • Total	4,659,978 (2018)
 • Density	93.6/sq mi  (34.6/km2) Ranked 24th
 • Median household income	$42,196[5] (48th)
Elevation
 • Highest point	Driskill Mountain[6][7] 535 ft (163 m)
 • Mean	100 ft  (30 m)
 • Lowest point	New Orleans[6][7] −8 ft (−2.5 m)
Before statehood	Territory of Orleans
Admitted to the Union	April 30, 1812 (18th)
Governor	John Bel Edwards (D)
Lieutenant Governor	Billy Nungesser (R)
Legislature	State Legislature
 • Upper house	State Senate
 • Lower house	House of Representatives
U.S. Senators	Bill Cassidy (R) John Kennedy (R)
U.S. House delegation	5 Republicans 1 Democrat (list)
Time zone	Central: UTC −6/−5
ISO 3166	US-LA
Abbreviations	LA, La.
Website	louisiana.gov

Louisiana state symbols
The Flag of Louisiana
The Seal of Louisiana
Living insignia
Bird	Brown pelican
Dog breed	Catahoula Leopard Dog
Fish	White perch
Flower	Magnolia
Insect	Honeybee
Mammal	Black bear
Reptile	Alligator
Tree	Bald cypress
Inanimate insignia
Beverage	Milk
Fossil	Petrified palmwood
Gemstone	Agate
Instrument	Diatonic accordion
State route marker
State quarter
Released in 2002
Lists of United States state symbols

Louisiana entrance sign off Interstate 20 in Madison Parish east of Tallulah

Much of the state's lands were formed from sediment washed down the Mississippi River, leaving enormous deltas and vast areas of coastal marsh and swamp.[9][self-published source] These contain a rich southern biota; typical examples include birds such as ibis and egrets. There are also many species of tree frogs, and fish such as sturgeon and paddlefish. In more elevated areas, fire is a natural process in the landscape, and has produced extensive areas of longleaf pine forest and wet savannas. These support an exceptionally large number of plant species, including many species of terrestrial orchids and carnivorous plants.[9] Louisiana has more Native American tribes than any other southern state, including four that are federally recognized, ten that are state recognized, and four that have not received recognition.[10]

Some Louisiana urban environments have a multicultural, multilingual heritage, being so strongly influenced by a mixture of 18th-century French, Haitian, Spanish, Native American, and African cultures that they are considered to be exceptional in the US. Before the American purchase of the territory in 1803, present-day Louisiana State had been both a French colony and for a brief period a Spanish one. In addition, colonists imported numerous African people as slaves in the 18th century. Many came from peoples of the same region of West Africa, thus concentrating their culture. In the post-Civil War environment, Anglo-Americans increased the pressure for Anglicization, and in 1921, English was for a time made the sole language of instruction in Louisiana schools before a policy of multilingualism was revived in 1974.[11][12] There has never been an official language in Louisiana, and the state constitution enumerates "the right of the people to preserve, foster, and promote their respective historic, linguistic, and cultural origins."[11]

The total gross state product in 2010 for Louisiana was US$213.6 billion, placing it 24th in the nation. Its per capita personal income is $30,952, ranking 41st in the United States.[117][118]

In 2014, Louisiana was ranked as one of the most small business friendly states, based on a study drawing upon data from over 12,000 small business owners.[119]

The state's principal agricultural products include seafood (it is the biggest producer of crawfish in the world, supplying approximately 90%), cotton, soybeans, cattle, sugarcane, poultry and eggs, dairy products, and rice. Industry generates chemical products, petroleum and coal products, processed foods and transportation equipment, and paper products. Tourism is an important element in the economy, especially in the New Orleans area.

The Port of South Louisiana, located on the Mississippi River between New Orleans and Baton Rouge, is the largest volume shipping port in the Western Hemisphere and 4th largest in the world, as well as the largest bulk cargo port in the world.[120]

New Orleans, Shreveport, and Baton Rouge are home to a thriving film industry.[121] State financial incentives since 2002 and aggressive promotion have given Louisiana the nickname "Hollywood South". Because of its distinctive culture within the United States, only Alaska is Louisiana's rival in popularity as a setting for reality television programs.[122] In late 2007 and early 2008, a 300,000-square-foot (28,000 m2) film studio was scheduled to open in Tremé, with state-of-the-art production facilities, and a film training institute.[123]Tabasco sauce, which is marketed by one of the United States' biggest producers of hot sauce, the McIlhenny Company, originated on Avery Island.[124]

Louisiana has three personal income tax brackets, ranging from 2% to 6%. The sales tax rate is 4%: a 3.97% Louisiana sales tax and a .03% Louisiana Tourism Promotion District sales tax. Political subdivisions also levy their own sales tax in addition to the state fees. The state also has a use tax, which includes 4% to be distributed by the Department of Revenue to local governments. Property taxes are assessed and collected at the local level. Louisiana is a subsidized state, receiving $1.44 from the federal government for every dollar paid in.

Tourism and culture are major players in Louisiana's economy, earning an estimated $5.2 billion per year.[125] Louisiana also hosts many important cultural events, such as the World Cultural Economic Forum, which is held annually in the fall at the New Orleans Morial Convention Center.[126]

As of July 2017, the state's unemployment rate was 5.3%.[127]

Louisiana is home to several notable colleges and universities, which include Louisiana State University in Baton Rouge and Tulane University in New Orleans. Louisiana State University is the largest and most comprehensive university in Louisiana.[141] Tulane University is a major private research university and the wealthiest university in Louisiana with an endowment over $1.1 billion.[142] Tulane is also highly regarded for its academics nationwide, ranked fortieth on U.S. News & World Report's 2018 list of best national universities.[143]

The Louisiana Science Education Act[144] is a controversial law passed by the Louisiana Legislature on June 11, 2008 and signed into law by Governor Bobby Jindal on June 25. The act allows public school teachers to use supplemental materials in the science classroom which are critical of established science on such topics as the theory of evolution and global warming.[145][146]

• "United States". Modern Language Association. Retrieved June 14, 2017.

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School: University of Phoenix Program: The Master of Business Administration program is designed to enhance the management skills students need to function effectively within an organization. Students will create and defend their solutions to problems of crisis management, profitable growth opportunities, and change leadership. Throughout the program, students gain experience in distilling a situation into a well-defined problem; applying tools and concepts to analyze a variety of alternative solutions; and selecting and defending their recommended course of action. The Master of Business Administration program at University of Phoenix utilizes problem-based learning where students refine their problem solving skills along with their communication, creativity, information utilization, and critical thinking skills. They are assessed on the basis of their use of the problem solving process (which employs a general rubric) as well as their communication and critical thinking skills during their presentation. Learning teams will apply the principles of benchmarking throughout the program to research the most creative solutions to a problem. This will enrich the alternatives that learners consider in evaluating possible solutions to the problems. The MBA consists of 39 credit hours and includes three proficiency courses (MBA 501, MBA 502, MBA 503) which may be satisfied using an undergraduate business degree, undergraduate coursework or graduate coursework. Students may also waive an additional nine credits using graduate courses and may qualify for a 21-credit hour residency. :: Concentration: Administration :: Campus    ::  Location: Baton Rouge, LA ::  more info

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