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. This degree is designed to meet the worldwide need for principle centered nursing leaders with strong fiscal knowledge and skill. The 60-credit hours include 30 credits from Nursing and 30 credits coming from Business.
This major is designed to develop transformational leaders with strong fiscal knowledge and skill who are effective stewards of health care resources. This is accomplished by developing students through an integrated experience of advanced intellectual challenge, evidence-based professional growth, and maturation of servant leadership. Graduates will be prepared to assume leadership roles within a variety of healthcare settings.
Upon completion of the program, the graduate should be able to:
- Integrate transformational and servant leadership concepts into the role of a nurse administrator.
- Create an evidence-based approach to health care management and leadership.
- Utilize effective stewardship of human and financial resources in health care administration.
- Integrate nursing and business skills to create effective, efficient, and innovative health care systems.
- Design operational and strategic plans for health care systems based on sound finance, accounting, and economic principles.
Admission Requirements
Admission to all Masters Nursing majors begins with submission of required application forms, letters of recommendation, and official transcripts of previous college and university studies. Acceptance into any Masters Nursing program will remain valid for a period of 18 months.
To assist in the decision-making process, the Division of Masters Nursing reserves the right to require the applicant to:
- Interview; and/or
- Take the GRE.
Criteria for regular admission are:
- B.S.N. or B.S. degree with a major in nursing from an accredited program. Registered Nurse applicants who have a non-nursing bachelor's degree and a minimum of ten years of recent experience in nursing practice may also be considered for admission by Portfolio. These candidates may submit a Portfolio which includes a current CV/resume including evidence of accomplishments in nursing based on The Essentials of Baccalaureate Education for Professional Nursing Practice.
- 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.
- 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.
- All applicants must provide three letters of professional reference. References should be from faculty members, professional colleagues, work supervisors or a pastor who can evaluate the applicant’s potential for success in a graduate program. Recommendations from family members are NOT appropriate. These letters should be solicited from professionals who can address the applicant’s qualifications for the MSN or doctoral programs.
- Original transcript from the degree granting institution.
- At least one year of professional practice.
- A criminal history background check (at the student's expense) must be completed before registration for any track of the Masters Nursing program. Letters of acceptance from the Division of Masters Nursing will include instructions for completing the criminal background check. The criminal background check must be completed no earlier than two weeks before the beginning of the first course.
Program Requirements
- All courses must be successfully completed in the sequence prescribed by the program's requirements. Failure to successfully complete any Nursing course will result in an administrative withdrawal from the program.
- Any student found to have falsified clinical/practicum hours will be immediately dismissed and not allowed to re-enter any Masters Nursing program at IWU.
- Students must meet all practicum agency requirements.
- Students who maintain continuous enrollment, who make normal progress toward a degree, and who earn their degree within the major program's maximum time from the date of enrollment may meet the graduation requirements as stated in the catalog under which they enrolled.
- Students must maintain an RN license that is active and unencumbered at all times during enrollment in the program. Students must have a valid unencumbered RN license in the state(s) of the practicum sites. If students have multiple state licenses, all must be unencumbered. It is the student’s responsibility to notify the School of Nursing if the status of his or her RN license changes. Students will be administratively withdrawn from the program at any point if this status is not maintained.
Graduation Requirements
To graduate, students must meet the following 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-671, NRA-672, NRA-673, NRA-675, NRA-676, NRA-678, and NRA-693 must be completed with a grade of "B" or higher.
- Cumulative GPA of 3.0.
- The dual MSN/MBA degree program must be completed within a maximum of five years from the date of enrollment.
- Payment of all tuition and fees is required to receive a diploma.
MSN and MBA Dual Degree - Program of Study
Business Administration Courses
| MGMT-501 | Foundations of Graduate Business | 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 |
| 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-675 | Innovative Strategies for Nurse Leaders | 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
