Office of Graduate Programs

Prospective MBA Students

ADMISSIONS Requirement

For admission to the program, The University of Toledo MBA program requires a 2.7 undergraduate GPA on a 4.0 scale and a score of 450 on the Graduate Management Admissions Test (GMAT) with a minimum score of 20 in both the verbal and quantitative sections.

ALL APPLICANTS must submit the following documents to the College of Graduate Studies:

  • Online application for graduate admission.
  • Application fee  (non-refundable).
  • Typed Statement of Purpose.
  • Official transcript from each collegiate institution attended other than The University of Toledo.
  • Graduate Management Admission Test (GMAT) results. Test results must be from within the last 5 years. Official scores must be sent directly from the Educational Testing Service to the College of Graduate Studies.
    UT alumni applicants who graduated in the last three years as well as applicants with significant, relevant, and progressive work experience (deemed acceptable by COBI Graduate Programs Office and COBI Executive Associate Dean) may qualify for a GMAT waiver. Contact the College of Business & Innovation Graduate Programs Office for information about the GMAT waiver at or at 419.530.5680.
  • A minimum of one letter of recommendation. Recommendations can be provided by individuals who know you from an academic background or professional working relationship. Recommendations from friends or family members are unacceptable and will not be reviewed.
  • Resume must be submitted with online application for consideration of waiver based on significant, relevant, and progressive work experience (deemed acceptable by the COBI Graduate Programs Office and COBI Executive Associate Dean).

INTERNATIONAL APPLICANTS must submit the following additional documents:

  • In the case of students whose native language is not English, a score of at least 550 (paper based), 213 (computer based), or 80 (internet based) on the Test of English as a Foreign Language (TOEFL) or a 6.5 on The International English Language Testing System (IELTS)
Suggested Application Deadline for Domestic Students
  • Fall Semester - August 1
  • Spring Semester - November 15
  • Summer Semester - April 15
Suggested Application Deadline for International Students
  • Fall Semester - May 1
  • Spring Semester - October 1
  • Summer Semester - March 1

Late registration fees will be assessed for those who miss the on-time registration period.

The MBA program admits students on a rolling basis, meaning that we will admit students as soon as their application for admission is complete. The above deadlines are to be used as a guideline; for example, domestic students who have not begun their application for fall term admission by August 1 will find it very difficult to complete all of the steps necessary for admission, financial aid, and registration. We suggest that prospective students start their application at least 6 months in advance of their anticipated first term of attendance.


MBA Foundation Courses
The Foundation Courses (18 credits) consist of introductory graduate-level business courses and can be waived for students who earned a C or better in equivalent undergraduate courses. Any of the foundation courses not waived upon admittance and enrollment in the MBA program must be taken at the graduate level. Once admitted to the MBA Program, we will not accept credit for equivalent classes that are taken at the undergraduate level.

  • ACCT 5000 - Financial and Managerial Accounting
  • FINA 5210 - Economics for Business Decisions
  • FINA 5310 - Managerial Finance (pre-req: ACCT 5000)
  • MKTG 5410 - Marketing Systems
  • OSCM 5510 - Applied Business Statistics
  • OSCM 5520 - Analysis of Manufacturing and Service Systems (pre-req: OSCM 5510)

A list of the UT undergraduate equivalent courses can be found by clicking here to view the MBA Plan of Study. Students are also welcome to discuss other undergraduate courses (at UT or another school) with the Graduate Programs Office to see if they will transfer into the program to meet 5000-level course requirements.

MBA Core Courses
The Core Courses (24 credits) consist of in-depth courses covering the many facets of business, along with a comprehensive course in strategic management. BUAD 6900, Strategic Management Capstone, is designed to tie all the aspects of the program together in your final semester and features guest speakers, case studies and simulations.

  • BUAD 6100 - Accounting for Decision Making (pre-req: ACCT 5000)
  • BUAD 6200 - Corporate Finance (pre-req: FINA 5310)
  • BUAD 6300 - Strategic Marketing and Analysis (pre-req: MKTG 5410)
  • BUAD 6400 - Results-Based Management
  • BUAD 6500 - International Business
  • BUAD 6600 - Supply Chain Management (pre-req: OPMT 5520)
  • BUAD 6800 - Information Technology and E-Business
  • BUAD 6900 - Strategic Management Capstone (pre-req: BUAD 6100, BUAD 6200, BUAD 6300 and BUAD 6600)

Students who successfully completed 3 or more classes in a functional area at an AACSB-accredited university are eligible to replace the core class in that area with any MBA elective. For example, a student who majored in Finance and minored in Marketing as an undergraduate at a AACSB-accredited school would be eligible to replace BUAD 6200 and 6300. This option allows students with an academic background in business to customize their degree to a greater extent, but this does not decrease the number of credit hours needed to graduate. All MBA students must complete a minimum of 11 classes (33 credit hours) at the 6000-level.

MBA Electives 
All MBA students must complete a minimum of 3 electives (9 credit hours) at the 6000 level in the College of Business. You can select any combination of electives and earn your MBA in Administration, or you can major in an area by taking the required electives outlined for that particular major. It is possible for MBA students to earn up to two majors. MBA students can currently pursue the following majors:

  • Administration
  • Finance
  • Public Health Management
  • Human Resource Management
  • Information Systems
  • International Business
  • Leadership
  • Marketing
  • Operations and Supply Chain Management

All MBA Majors and Courses


Example 1: An in-state student with an undergraduate degree in business could only need 33 credit hours, making tuition around $18,552.93

Example 2: An in-state student that has never taken a business class may need 51 credit hours, making tuition around $28,672.71

Example 3: An out of state student with an undergraduate degree in business could only need 33 credit hours, making tuition around $32,658.12

Example 4: An out of state student that has never taken a business class may need 51 credit hours, making tuition around $50,471.64

Learn more about about tuition and fees


View College of Graduate Studies scholarships

Search scholarships available through the Office of Financial Aid 


Companies that hired COBI graduate students in the past five years:

3M Corporation

American Honda Motor Company

Best Buy, Inc.

Cardinal Health


CliftonLarsonAllen, LLC.

Coca-Cola Enterprises

Dana Holding Corporation



Eaton Corporation

Ernst & Young

Fifth Third Bancorp

First Energy

First Solar

Ford Motor Company

Gilmore, Jaison and Mahler

HCR ManorCare

HealthCare REIT

Huntington Bank

J. M. Smucker Company

Johnson Controls

JP Morgan Chase


Marathon Petroleum Corporation

Mass Mutual Financial Group

Merrill Lynch

Mercy Health System

Morgan Stanley



Northwestern Mutual

Owens Corning


Penn National Gaming

Plante Moran

PNC Bank


ProMedica Health System

Quicken Loans


Rolled Alloys, Inc.

Root, Inc.

Sherwin Williams Company

Signature Bank

SSOE Group

Tenneco, Inc.

The Andersons, Inc.

The J.M. Smucker Company

Thomson Reuters

Therma Tru

Wells Fargo

Whirlpool Corporation

William Vaughan Company

Wright Patterson Air Force Civilian Jobs

The University of Toledo/UT Medical Center

Contact: COBI Office of Graduate Programs

Stranahan Hall Suite 1016
419.530.5680 (Phone)
419.530.8498 (Fax)
Office Hours:
M-F: 8:30AM-5PM
Last Updated: 5/14/20