MBA - Dual Degree and Major Program - MSN and MBA
The MSN/MBA is a dual degree resulting in Master of Science in Nursing (with a major in Nursing Administration) and a Master of Business Administration. The 60-credit degree will include 30 credits from Nursing and 30 credits coming from Business. The MSN/MBA is designed to meet the worldwide need for principle centered nursing leaders with strong fiscal knowledge and skill. Written problem analysis is required throughout the program, as is the development of presentation skills.
The Nursing curriculum uses American Organization of Nurse Executive Competencies as a focus. A Portfolio is developed using these competencies as a framework. The Business courses focus on economics, accounting, and organizational development as well as significant leadership and management skills.
Graduates will be prepared to assume leadership/administrative roles within a variety of healthcare settings. Graduates of the program are eligible to apply for certification by nursing administration credentialing bodies.
Admission Requirements
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A baccalaureate or graduate degree from a college or university accredited by a regional accrediting body or the Association for Biblical Higher Education verified on original transcripts sent by the institution directly to Indiana Wesleyan University.
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An undergraduate grade point average (GPA) of 2.5 or higher from the baccalaureate degree granting institution at which at least a minimum of 30 hours was completed. If an applicant's GPA is below 2.5, the student may be admitted on a probationary basis, as established by the guidelines of the DeVoe School of Business.
- B.S.N. or B.S. degree with a major in nursing from an accredited program. Students with a non-nursing major who have a minimum of 10 years of recent experience in nursing practice may also be considered for admission. These candidates must also submit a portfolio which includes:
- Current CV/resume including evidence of accomplishments in nursing based on the nine baccalaureate nursing essentials
- An expanded goal statement, reflecting how they intend to make an impact in nursing with their MSN
- Undergraduate grade-point average of 3.0 on a 4.0 scale from the baccalaureate degree granting institution at which at least a minimum of 30 hours was completed.
- Anyone applying to become a student at Indiana Wesleyan University must provide proof that all nursing licenses – whether current or inactive – are unencumbered. Potential students with encumbered nursing licenses will not be considered eligible for enrollment at Indiana Wesleyan University.
- Three letters of recommendation which must include references from: a former instructor, a pastor or someone with whom the applicant has worked in the past year who can attest to the applicant's service record or character, and a direct supervisor.
- Original transcript from the degree granting institution.
- At least one year of professional practice. Students applying for admission to the Primary Care Program must have 500 hours of direct contact and/or care for patients within the year prior to admission. Students applying for admission to the Nursing Administration or Nursing Education majors must have 1000 hours of nursing practice within the three years prior to admission.
- A criminal history background check must be completed before registration for any track of the graduate nursing program. Letters of acceptance from the Division of Graduate Studies in Nursing will include instructions for completing the criminal background check. The criminal background check must be completed two weeks before the beginning of the first course. A second criminal background check and drug screen will be required for Primary Care students two weeks before the first clinical course begins. Instructions for the second criminal background check and drug screen will be sent to students by the Division of Graduate Studies in Nursing. Progression in the program may depend on the results of these checks.
- Test of English as a Foreign Language (TOEFL) if English is not first language. For graduate students, a score of at least 600 (paper-based), 250 (computer-based), or 100 (Internet-based) is required for regular academic admission.
Admission to all graduate nursing majors begins with submission of required application forms, letters of recommendation, writing sample, and official transcripts of previous college and university studies. Applications will be received by the Division of Graduate Studies in Nursing. Applications will be kept on file for a period of 18 months. Acceptance into any graduate nursing program will remain valid for a period of 18 months.
To assist in the decision-making process, the Division of Graduate Studies in Nursing reserves the right to require the applicant to:
- Interview with the Committee; and/or
- Take the GRE
Program Requirements
- All Business courses must be completed with a grade of "C" or higher.
- GNUR-501, GNUR-510, and GNUR-530 must be completed with a grade of "C" or higher.
- NRA-513, NRA-670, NRA-671, NRA-672, NRA-673, NRA-676, NRA-678, and NRA-693 must be completed with a grade of "B" or higher.
- Failure to successfully complete any Nursing course will result in immediate withdrawal from the program until the course is repeated and a satisfactory grade is earned.
- Students must complete the MSN/MBA Program within five years of matriculation.
Graduation Requirements
To graduate, students must have completed all of the following:
- All credits required in the curriculum sequence with a minimum GPA of 3.0 and a minimum grade of “C” in each course. A grade of "C-" or below will require the course to be repeated.
- Overall GPA of 3.0 in all IWU graduate work.
- Payment of all tuition and fees is required to receive a diploma.
MSN and MBA Dual Degree - Program of Study
Business Administration Courses
| MGMT-500 | Applied Management Theory | 3 |
| STAT-535 | Statistics for Business Decision-Making | 3 |
| HCAD-513 | Healthcare Principles and Policies | 3 |
| MGMT-512 | Ethical and Legal Aspects of Management | 3 |
| COMM-515 | Decision-Making and Essential Business Communication | 3 |
| MGMT-532 | Leadership and Organizational Change | 3 |
| FINC-525 | Accounting and Finance for Managers | 3 |
| ECON-511 | Business Economics | 3 |
| ACCT-510 | Managerial Accounting | 3 |
| MGMT-522 | Business Strategy and Policy | 3 |
| Total Credit Hours: | 30 |
Nursing Administration Courses
| NRA-513 | Introduction to Professional Development for Advanced Practice in Nursing Administration | 1 |
| GNUR-501 | Evidence Based Communication | 3 |
| NRA-670 | Interdisciplinary Professional Development | 3 |
| GNUR-510 | Theoretical Foundations for Advanced Nursing Practice | 2 |
| GNUR-530 | Utilization of Research for Evidence Based Practice | 3 |
| NRA-671 | Professional Role Development for the Nurse Administrator | 3 |
| NRA-672 | Management of Healthcare Delivery Systems | 3 |
| NRA-673 | Nursing Leadership and Human Resources | 3 |
| NRA-676 | Organization and Finance of Healthcare | 3 |
| NRA-678 | Advanced Nursing Management | 5 |
| NRA-693 | Integration of Theory Into Nursing Administration Practice | 1 |
| Total Credit Hours: | 30 |
Total Credit Hours: 60
