One-Year MaineMBA


The One-Year MaineMBA provides candidates from all majors the opportunity to complete the MaineMBA in one academic year of full-time, intensive study. 

The One-Year MaineMBA is offered both to current undergraduates and those who already hold a Bachelor’s degree. For current University of Maine and University of Maine at Machias undergraduates, the One-Year MaineMBA can be combined with any major’s program requirements, allowing you to graduate with your MBA just one year after your Bachelor’s degree. You can also begin graduate work in your senior year. This accelerated program is encouraged for high-achieving, driven students with an undergraduate GPA of 3.2 or better. 

Funding & Costs          Student Resources          Graduate Advising          MaineMBA Partnerships

The University of Maine Graduate School of Business recognizes the additional pressures facing our applicants amid the Covid-19 outbreak. In solidarity with our future students and our global community, the MaineMBA is:

    • Waiving all GMAT exam requirements for all domestic applicants with a 3.0 GPA or above until May 1*. 
    • Allowing admission deferrals up to two calendar years for any admitted MaineMBA student.
    • Offering one-on-one and small-group virtual information sessions, chats with current students, and Q&A calls daily.
    • Waiving application fees for Maine system graduates, US Armed Forces Service Members, and members of any Maine Chamber of Commerce.

Your individual situation may permit additional accommodations. Schedule a virtual meeting at mba@maine.edu or call us at 207-581-1973. 

* International applicants and all applicants seeking assistantships or merit-based scholarships may work with us to populate their scores on a case-by-case basis.

MaineMBA Curriculum

Complete Eight (8) Core Courses

  • Statistical Analysis and Modeling for Organizational Operations (BUA 601)
  • Creating Digital Value (MBA 605) or Elective
  • Financial Statement Analysis (MBA 609)
  • Law, Business and Society (MBA 620)
  • Management of Contemporary Organizations (MBA 626)
  • Managerial Marketing (MBA 670)
  • Management Policy (MBA 649)
  • Financial Management (MBA 651)

Choose Two (2) Electives

  • Knowledge Management & Decision Support Systems
  • International Field Study
  • MBA Internship
  • Independent Study
  • Services Management
  • Analytics for Managers
  • Information Visualization
  • Investment Management
  • Socially Responsible Investing
  • Leadership
  • E-Commerce
  • Idea Generation and New Product Development

REQUEST INFO

 

 APPLY TODAY 

Admission Requirements

To apply, current UMaine and UMaine at Machias students should:

  • Prior to Junior Year: Submit completed Declaration of Intent to Enroll form
  • Spring Semester, Junior Year: Submit completed online application
  • Contact information for three professional recommendations
  • Your current resume
  • A brief essay (prompt below)
  • GMAT scores

All other applicants should submit:

  • Completed online application
  • Contact information for three professional recommendations
  • Transcripts of all previous college or university work
  • Your current resume
  • A brief essay (prompt below)
  • GMAT scores
  • $65 application fee

International students will also submit:

  • TOEFL or IELTS scores.  Waived for native English speakers and students graduating from an English-speaking or ESL programs.
  • WES or ECE certified transcript translation. 
  • Certificate of Finances 
  • Copy of passport or visa

International applicants should also review the Office of International Programs page for more information on Visas, financial statements, and other requirements, or to contact an international student advisor. International three-year degree holders are considered for admission to the Graduate School of Business. All applicants are considered on a case-by-case basis. Three-year degree holders are encouraged to apply.


Additional Information

Prerequisite Courses

To ensure that all MaineMBA students have a foundation of business core concepts, prior coursework in the following areas is required:

  • accounting (financial and managerial)
  • economics (macro and micro)
  • statistics
  • finance
  • marketing 
  • management

Non-business undergraduates can complete online prerequisites concurrently with their MBA courses:

  • Intro to Managerial and Financial Accounting (BUA 400)
  • Micro and Macroeconomics (ECO 410)
  • Finance Tutorial (not for credit)
  • Management Tutorial (not for credit)
  • Marketing Tutorial (not for credit)

Professional Recommendations

Recommenders should be able to comment on your academic strengths, work ethic, responsibilities, accomplishments, career advancement, managerial experience, or ability to be successful in the MaineMBA.

Application Essay Prompt

Submit an essay describing your motivation for pursuing the MaineMBA. The essay is evaluated not only for content, but also for intrinsic writing quality and strengths. Your essay should be no more than two pages, double spaced, 12 pt Times New Roman font, 1″ margins.

GMAT Exam

Applicants must submit GMAT scores taken within the last five years.

  • Other standardized tests (e.g., GRE, LSAT, MAT) may be substituted if taken within five years.
  • The GMAT is waived for applicants with a PhD, JD, MD, CPA, CFP, or graduate degree.
  • The GMAT may be waived for strong candidates with five or more years of post-graduate professional or military experience, including:
    • Management of staff in a direct working relationship
    • Leadership of work teams
    • Financial or budgetary responsibility
    • Job responsibilities that specifically demonstrate applied quantitative and analytical skills

To apply for a GMAT waiver, submit the GMAT Waiver Form. GMAT waivers are not available for international applicants.

Application Fees

Application fees are waived for:

  • Graduates of University of Maine System Schools
  • Veterans of the US Armed Forces
  • Fulbright Scholars
  • Participants in select programs (eg. IRT/McNair)
Need-based application fee waivers are not available.
 

Admissions Timeline for Current UMaine Students

First – Third Years:

  • Meet with undergraduate academic advisor
  • Maintain a 3.2 overall GPA
  • Submit Declaration of Intent to Enroll form
  • Complete with a B- or better:
    • BUA 201 financial accounting
    • BUA 202 managerial accounting
    • ECO 120 macroeconomics
    • ECO 121 microeconomics
    • Statistics (ie. STS 215 or STS 232)
  • Complete at least one of the following with a B- or better:
    • BUA 350 finance
    • BUA 270 marketing
    • BUA 325 management

Third Year:

  • Meet with MBA program director
  • Apply and receive provisional admission to the MaineMBA

Fourth Year:

  • Begin graduate level courses
  • GRADUATE WITH BACHELOR’S (March in Spring Commencement)

Fifth Year:

  • Complete final graduate- level courses
  • GRADUATE WITH MBA (March in Spring Commencement)

Important: In the senior year of your undergraduate program, providing you 1.) have completed all business prerequisites with a grade of B- or better, 2.) maintained a 3.2 GPA and 3.) have applied and been provisionally accepted to the MBA, you may enroll in two MBA courses. Graduate courses do not substitute for undergraduate courses in the student’s current program of study to satisfy credit hours needed to earn the bachelor’s degree.