MBA Frequently Asked Questions

When are the MBA courses taught?

Starting fall 2012 MBA classes will be offered Tuesday and Thursday evenings. Current cohorts will continue with their weekend course schedule.

What are the prerequisite courses for entry into the MBA program?

All students must have completed the following courses (or equivalents) from an accredited institution, with a grade of "C" or better, within the past five years, or complete the Harvard Publishing online courses* with a grade of "B" or better, prior to beginning the program.

  • MGMT 2340Business Statistics3.0
  • orHarvard Publishing online Quantitative Methods course*
  • FIN 3100Intermediate Accounting II3.0
  • orHarvard Publishing online Finance course*
  • ACC 2010Cost Management3.0
  • and ACC 2020Managerial Accounting3.0
  • or ACC 3000Financial Managerial Cost Concepts

In addition, all students pursuing an accounting emphasis must fulfill the following additional prerequisites (or equivalents) with a grade of C or higher:

  • ACC 3010Intermediate Accounting I3.0
  • ACC 3020Intermediate Accounting II3.0
  • ACC 3300Cost Management3.0
  • ACC 3400Individual Income Tax3.0
  • ACC 3510Accounting Information Systems3.0
  • ACC 4020Advanced Financial Accounting3.0
  • ACC 4110Auditing3.0
  • ACC 4420Corporate Tax3.0
  • ACC 4110Microeconomics3.0
  • or ACC 4400Taxation of Corp/Part/Estates/Trusts (3.0)

For more detailed information visit our prerequisites page.

How can I prepare for the GMAT exam?

Potential applicants are highly encouraged prepare for the GMAT exam—and to begin preparations early. In 2012, a typical part-time business graduate student at UVU averaged a GMAT score of 556.

Students can learn more about the tests by visiting the official websites for the GMAT. There are also numerous books that are available to help students prepare for the GMAT exam.

Students are the best judges of their own learning styles and what strategies will work for them when preparing for standardized exams. Some students prefer an interactive environment, whether in a classroom or online, while others can confidently prepare alone. Several companies offer test preparation courses both locally and through online services.

How long are GMAT exam scores valid?

GMAT exam scores are valid for five years. Please contact MBA.com to send official GMAT score reports to Utah Valley University.

Will you accept GRE scores?

The Woodbury School of Business requires students to take the GMAT exam. Any GRE scores taken prior to September 2012 will be grandfathered in and will be accepted.

How do I transfer graduate coursework to the MBA program?

Students who have previous graduate-level coursework from a regionally accredited institution may transfer up to nine credit hours.

Student are responsible for requesting a transfer of credit and may be required to supply the catalog description and/or course outlines from the previous schools to assist in the determining of the transferability of specific courses.

Students may or may not be able to transfer certain courses into the MBA program because of the inherent nature of a cohort and the importance of student interaction throughout the two-year program.

May I apply for financial aid?

Prospective students are eligible to begin applying for financial aid before they are admitted to the MBA program. Students may fill out FAFSA forms as early as January 1st in the application year and are encouraged to do so if they have all necessary information available. Please refer to Utah Valley University's

What is the process for selecting applicants from the wait list?

The Woodbury School of Business utilizes a waiting list to select qualified applicants because we strongly believe students have the capability to be successful in the MBA program—but it is a cohort program with a limited number of seats per year. The number of students waitlisted each year varies depending on the size and credentials of the applicant pool. If we are able to admit students from the waitlist, we select students who have the best overall qualifications based on the comprehensive review of their completed application file.