Arthur J. Bauernfeind MBA Program
Arthur J. Bauernfeind Master of Business Administration
Our AACSB Accredited MBA Program has a long, rigorous and proud tradition of quality and excellence in business and management education, and a recognized capacity for meeting the educational needs and challenges of MBA students in the 21st Century. Although the quality of our MBA Program is self-evident, external validations of this quality abound. For instance, we have held continuous accreditation by AACSB-International—The Association to Advance Collegiate Schools of Business, since 1981, making ours one of the longest accredited MBA programs in the world. AACSB-International is the premier Management Education accrediting agency in the world, widely regarded as the “gold standard” for the prestige of any business program.
The AACSB-Accredited MBA Program offered in the Arthur J. Bauernfeind College of Business at Murray State University has a long and rigorous tradition of excellence in business and management education, and a recognized capacity for meeting the educational needs and challenges of MBA students in the 21st Century. Our specific comparative advantages and points of pride are the following:
- AACSB Accreditation: The world has over 16,000 business programs. Yet less than 5% of these are accredited
by AACSB-International: The Association to Advance Collegiate Schools of Business
(AACSB; Abdelsamad & Farmer, 2017). Murray State University is one of the 5% group of premier schools that are accredited
Find out here why AACSB accreditation matters.
- Quality at relatively Low Cost: While the quality of Murray State University’s MBA Program is well documented, many
people may not know that we have one of the most efficient cost-to-quality MBA ratios
in the country. Our on-campus tuition is competitively reasonable, as evident from
the tuition link given on this MBA website. Tuition for our 100% online MBA is one
of the lowest in the nation. Everyone (whether Kentucky resident or not) pays the
same tuition on our 100% online, AACSB-Accredited MBA.
- Your Careers: Our MBA students do find Jobs. We recognize that for our students, the MBA degree is not an end in itself, but
rather a means towards employment and promotion at the local, regional, national,
or international levels. Earning an MBA does pay off exponentially for your career,
as recent research reported here by the Financial Times and here by CNBC attests. In 2020, a study was published by the National Association of Colleges and Employers, and was referenced in such publications Inside Higher Ed that stated MBAs made a starting salary of $21,000 over their counterparts who only
had a bachelor's degree in business administration.
- All MBA students upon admission will be placed into two internal prep courses that
cover calculus/microeconomics and financial accounting. These two prep courses are
free. These prep courses are required for everyone in the MBA program regardless of
work experience or bachelor's degree field in order to have everyone equipped with
the same knowledge for the two MBA core courses of ACC 604 (Accounting for Decision
Making) and ECO 625 (Managerial Economics). Upon completion of the financial accounting
prep course with an 80% pass, students may enroll then in ACC 604; upon completion
of the microeconomics/calculus course with an 80% pass, students may enroll then in
- Quality MBA Faculty: The same faculty teach on our regular and 100% online MBA Programs. All have PhDs
from such prestigious and diverse traditional (not online) Universities from all of
the U.S. and the world. They conduct basic/discovery scholarship, applied or integration/application scholarship,
and teaching/learning scholarship in top-tier peer reviewed journals in the USA and
foreign countries, in keeping with our global footprints framework and emphasis.
- Access and Flexibility: MBA Classes are offered to fit your schedule. Classes are taught at night, during
the day, as well as 100% online. Yes, you can complete our MBA 100% online even if,
for instance, you are on active military duty, stationed in Germany or South Korea. The online Murray State MBA has six opportunities to begin every year (January, March,
May, July, August, and October).
Learn more about our 100% online MBA here.
- Rankings: #11 on Intelligent.com for providing one of the best MBA degree programs, and award for "Best for Active
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- Dr. Joy Roach Humphreys
- Assistant Dean and Director of MBA Programs
- Arthur J. Bauernfeind College of Business
- (270) 809 4259
Financial Services Center
For those coming to the Murray Campus, the Bauernfeind College of Business also houses a modern Financial Services Center, shown in the picture. It displays real-time financial information and enables broadcasts of financial, business and national news. Students gain hands-on experience working with commercial-grade financial planning software.