MBS Graduate Business Certificate

The Graduate Business Certificate program is designed for students interested in gaining advanced skills in business. For some students, it can serve as a pathway to the MBA program. The Certificate curriculum provides coverage in management, economics, accounting, finance, marketing, and management information systems.

The Certificate is available entirely via online or distance delivery. This is ideal for those working full-time, exploring a second career in business, military personnel, out-of-state or international students, or individuals intent on applying for the MBA Program in the future. Many of the same courses taught in the Certificate program are also offered on-campus, providing students the option of attending the Maine Business School at The University of Maine in Orono. Graduate courses taken in the Certificate program will apply toward MBA program completion for admitted students, (this does not include BUA 400 and ECO 410).

This is a 15 credit hour certificate. Courses listed below do not need to be taken in a specific order, although a good start would be to take BUA 400 in the summer and ECO 410 in the fall.
The Certificate Program consists of (15 credits hours):

• BUA 400: Introduction to Accounting. An accelerated course that provides pre-MBA students with an introduction to managerial and financial accounting. Offered online in the summer.
• ECO 410: Accelerated Introductory Economics. An accelerated presentation of the fundamental elements of micro- and macroeconomic theory. Offered online in the fall.

Plus three 600 level BUA classes selected from the MBA required core. Those classes and when they are offered online are:

Fall semester.

BUA 601: Statistical Analysis and Modeling for Organizational Operations. Familiarizes the student with statistical data analysis and management science techniques as they support decision-making throughout an organization. Prerequisite is any statistics course.
• BUA 605: Creating & Capturing Value in the Digital Economy. Represents an integration of concepts and principles from the Marketing and Management Information Science disciplines. Prerequisite: BUA 270 Marketing or equivalent, or successful completion of the MBA Marketing Tutorial.
• BUA 651: Financial Management. An MBA course that provides a foundation in financial management. Prerequisite is financial and managerial accounting, which can be met by taking BUA 400 or two undergraduate courses in financial and managerial accounting; and a principles of finance course or the MBA program’s finance tutorial.

Spring semester.

• BUA 609: Financial Statement Analysis. This course is designed to help students understand how to use and analyze financial statements for making valuation and business decisions. Prerequisite is financial and managerial accounting, which can be met by taking BUA 400 or two undergraduate courses in financial and managerial accounting.

• BUA 626 Management of Contemporary Organizations. Explores analytical perspectives to understand how individuals organize themselves in accomplishing organizational goals. Applies a managerial approach with a focus on real-life contemporary organizations. Prerequisite is a basic management course or the MBA program’s management tutorial.

Summer term.

• BUA 620 Business Law. Introduces managers to current U.S. laws and regulations that impact on the operations of business. This course has no prerequisites.

Alternative 600 level BUA courses may substitute with permission of the MBA Director.

Admission: Students apply via the online application through the Graduate School (check “Graduate Certificate Program” in Business).

Admission criteria:

1. Certificate students must have an undergraduate degree from a regionally accredited college of university with a recommended GPA of 3.0. Official transcripts must be provided.

2. Two letters of recommendation. Students may be admitted provisionally and take one class before the letters are received.

3. International students must meet Graduate School TOEFL requirements.

No standardized test (GMAT) is required for the Certificate, although if the Certificate student later desires to apply for the MBA program the GMAT is required. UMaine baccalaureate graduates are exempt from submitting official UMaine transcripts but must send official transcripts from all other college/universities attended.

Academic Standards:

Consistent with The Maine Business School’s high academic standards, students must earn no less than a B- in each course of the Graduate Business Certificate.

For specific program details or discussion, schedule an appointment or contact:

Scott Spolan
Interim Director of the MBA Program
5723 DP Corbett Business Bldg, Rm 209
Maine Business School
The University of Maine
Orono, Maine 04469
Tel: 207-581-1973
mba@maine.edu

Post Baccalaureate Certificate in Accounting

The Certificate of Studies in Accounting (CSA)

This 24 credit hour program is designed for individuals interested in gaining a solid foundation in accounting principles.   The CSA provides an understanding of the body of technical knowledge common to all practicing accountants and furnishes the broad training necessary to take the Certified Public Accounting (CPA) Examination.

Required Courses (21 credit hours):

BUA 201 Principles of Accounting I
BUA 202 Principles of Accounting II (prerequisite: BUA 201)
BUA 301 Intermediate Accounting I (prerequisite: BUA 202)
BUA 302 Intermediate Accounting II (prerequisite: BUA 301)
BUA 305 Cost Accounting (prerequisite: BUA 202)
BUA 310 Auditing  (prerequisite: BUA 301)
BUA 312 Federal Taxation of Individuals  (prerequisite: BUA 202)

Additionally, choose one of the following (3 credit hours):

BUA 406 Advanced Managerial Accounting (prerequisite: BUA 305)
BUA 409 Accounting for Not-For-Profit Entities  (prerequisites: BUA 201 & 202)

*BUA 507 Advanced Accounting  (prerequisites: BUA 301 & 302)
*BUA 515 Tax Planning for Small Business Owners (prerequisite: BUA 312)

*Students intending to pursue the UMaine MBA, Accounting Concentration are advised not to take these electives.

About the Maine CPA Exam:

The Office of Professional and Occupational Regulation of the State of Maine requires no less than 150 semester hours of baccalaureate coursework, including a 4-year bachelor’s degree conferred by an accredited college or university in order to take the CPA exam.   At least 15 credit hours in basic courses in accounting, auditing, and ethics combined with at least 3 credit hours in accounting and 3 credit hours in auditing, respectively, are required.  Students are recommended to take BUA 220, Business Law and an appropriate non-accounting course to supplement their knowledge base and ensure readiness for the CPA exam.

It is imperative to routinely consult the State of Maine Office of Professional Licensing to get up-to-date information about the state’s requirements for the CPA, fee structure, and test dates.

Admission to the CSA

Applicants must have earned a bachelor’s degree from an accredited college/university and provide an official transcript from each institution attended to the Maine Business School.

All courses offered in the certificate program are taken as a grade (no pass/fail permitted).  Minimum cumulative 2.0 GPA is required to earn the certificate.  Students will be assigned an accounting professor as an advisor.

Important:  Courses utilized as prerequisites for the UMaine MBA program must each have a grade of B- minimum.  Consult the MBA program webpage and Graduate School website for additional, detailed admission criteria.

For an application and further details, contact the Director of MBA Programs at:

Telephone: (207) 581-1973 or e-mail: mba@maine.edu

Post Baccalaureate Certificate in Business Administration

This 24 credit hour program is designed to impart a broad understanding of the functional areas in business in management, marketing, accounting, economics, finance, and liberal arts.  It is ideal for non-business majors interested in getting grounded in the principles of business with aspirations of platforming into more in-depth business administration education and development.

Required Courses (24 credit hours):

BUA 201 – Principles of Financial Accounting or BUA 400*
BUA 325 – Principles of Management and Organization
BUA 350 – Business Finance
BUA 270 – Marketing
ECO 120 – Principles of Microeconomics or ECO 410**
ECO 121 – Principles of Macroeconomics or ECO 410**
PSY 100 – General Psychology
BUA Elective

*BUA 400, offered online only in the summer, may substitute for BUA 201 and 202 – this is an accelerated course
**ECO 410, offered online only in the fall, may substitute for ECO 120 and 121 – this is an accelerated course

Admission to the CSBA

Applicants must have earned a bachelor’s degree from an accredited college/university and provide an official transcript from each institution attended to the Maine Business School.  All courses offered in the certificate program are taken as a grade (no pass/fail permitted).  Minimum cumulative 2.0 GPA is required to earn the certificate with no less than a C- in each course.

Important:  Courses utilized as prerequisites for the UMaine MBA program must each have a grade of B- minimum.  Consult the MBA program webpage and Graduate School website for additional, detailed admission criteria.

For an application and further details, contact the Director of MBA Programs at:

Telephone: (207) 581-1973 or e-mail: mba@maine.edu