Prerequisites
You must successfully complete two prerequisite courses before beginning your MBA coursework. Program prerequisites are Financial Accounting and Statistics courses taken within the last 5 years with a grade of B- or better in each. Please choose web-based courses OR traditional on-campus courses.
Web–based Courses
For convenience, these web-based graduate courses are offered through the Oncourse system. No trips to campus are necessary, courses are graded pass/fail, and the cost is the regular MBA tuition rate.
- BUS A501 – Financial Accounting & Reporting (1.5 credit hours)
Develops concepts and procedures essential for the preparation and interpretation of general purpose financial statements directed to users external to the enterprise. Critical analysis of contemporary financial accounting and reporting issues. - BUS K501 – Quantitative Tools of Business (1.5 credit hours)
Fulfills the statistics prerequisite for entering MBA students. A pass-fail, self-paced review covering the proper use and interpretation of essential statistical techniques in business situations. Provides a working knowledge of probability, quality control procedures, and regression analysis, with emphasis on solving problems using Microsoft Excel. This course will use Excel and assumes you have had some exposure to elementary statistics such as means (averages) and histograms. It also assumes you already know the basics of Microsoft Excel: how to select ranges, enter formulas and sort data.
To enroll in the web-based prerequisite courses, please submit the following items:
- Kelley Non-Degree Application
- Graduate University Application
Please select "Kelley School of Business Non-Degree" under the educational objectives section. - Official undergraduate transcript. However, if you have a bachelor's degree from Indiana University, you will not need to submit a transcript. After submitting these items, the you will receive an e-mail confirmation from the Student Services Representative. This will be followed by an e-mail with instructions for setting up your e-mail account and registering for the prerequisite courses. Once you have enrolled in or completed the web-based prerequisites you can apply to the Evening MBA program. Please see the instructions under How to Apply for the Evening MBA program.
- Traditional On-Campus Courses
- To enroll in the traditional undergraduate prerequisite courses, you must apply as an Undergraduate Non-Degree student and receive registration permission from the Kelley School of Business office (317) 274-2147. Undergraduate tuition rates will apply for these courses. You must receive a B- or better grade in each. Please note that through the undergraduate prerequisite courses are 3 credit hours and the graduate prerequisite courses are 1.5 credit hours, the total cost of each is about the same.
If you have not taken Financial Accounting, you must take BUS A 201. In addition, please choose one of the following four statistics courses.
- BUS A201 – Introduction to Financial Accounting (3 Credit Hours)
Provides balanced coverage of the mechanics, measurement theory and economic context of financial accounting. Relies on current real-world examples taken from the popular business press.
Choose one statistics course from below:
- ECON E270 – Introduction to Statistical Theory (3 Credit Hours) P: M118
Analysis and interpretation of statistical data in business and economics. Discussion of frequency distribution, measures of central tendency and variability, statistical inference, hypothesis testing, correlation, regression, and time series. - STAT 301 – Elementary Statistical Methods I (3 Credit Hours) P: MATH 111 or 110
Not open to students in the Department of Mathematical Sciences. Fall, spring. Introduction to statistical methods with applications to diverse fields. Emphasis on understanding and interpreting standard techniques. Data analysis for one and several variables, design of samples and experiments, basic probability, sampling distributions, confidence intervals and significance tests for means and proportions, correlation and regression. Software is used throughout. - SPEA K300 – Statistical Techniques (3 Credit Hours)
An introduction to statistics. Nature of statistical data. Ordering and manipulation of data. Measures central tendency and dispersion. Elementary probability. Concepts of statistical inference decision: estimation and hypothesis testing. - PSY B305 – Statistics (3 Credit Hours)
Introduction to basic statistical concepts; descriptive statistics and inferential statistics.
