MBA Preparatory Courses

The MBA faculty assumes that all new MBA students demonstrate a proficiency in basic economics and accounting. Additionally, to succeed in our MBA program (as well as beyond), we strongly recommend candidates become familiar with certain mathematical operations, basic statistics, as well as Microsoft Excel. For those that are granted conditional acceptance into the program, the MBA Admissions Committee will notify each candidate of the required preparatory courses, along with courses that are strongly recommended to complete. Candidates are expected to satisfy the required, and the strongly recommended coursework as needed, before May 11th (One Year MBA) and July 1st (Professional MBA). Additional time can be granted on a case by case basis. Competency and certification of the MBA preparatory courses may be satisfied in several ways:

Economics Accounting

All students are required to have microeconomics and macroeconomics before starting the MBA program through any of the following options:

  1. ECO 201 & ECO 202 at the University of Kentucky. Micro Economics and Macro Economics taken in class or online*
  2. Equivalent coursework at another accredited university (via classroom, on-line or correspondence course)
  3. IVY Software: "Fundamentals of Economics" which satisfies both micro and macroeconomics
  4. College-Level Proficiency Examinations (CLEP)

All students are required to have financial accounting and managerial accounting before starting the MBA program through any of the following options:

  1. ACC 201 & ACC 202 at the University of Kentucky. Financial Accounting and Managerial Accounting taken in class or online (ACC 221 or ACC 222)*
  2. Equivalent coursework at another accredited university (via classroom, on-line or correspondence course)
  3. IVY Software: "Financial Accounting" and "Managerial Accounting" courses
  4. College-Level Proficiency Examinations (CLEP)

    *Non-degree seeking students need to complete and submit the preparatory application


    IVY Software Instructions:
    IVY Software is an online, diagnostics tool which offers non-credit, self-paced courses that have met our preparatory specifications to satisfy the prerequisite class requirement for the UK MBA curriculum. IVY's affordability and accessibility has made this option the most popular among our candidates in satisfying the UK MBA preparatory class requirement. Visit the University of Kentucky's MBA IVY Software page to setup an account and purchase the required MBA preparatory course(s) as needed: 

    • Fundamentals of Economics ($75)
    • Financial Accounting ($75)
    • Managerial Accounting ($75)

    We strongly recommend incoming students that do not have a Business or STEM undergraduate degree (or not confident in your math skills or statistics) to complete the following IVY Software courses or through equivalent coursework:

    • Excel for MBA Students ($50)
    • Business Math & Statistics ($75)

    Additionally, we strongly recommend incoming students that have not regularly worked with Microsoft Excel (either professionally or academically) to complete the following IVY Software course or through equivalent coursework:

    • Excel for MBA Students ($50)
       

    Please Note:
    To successfully pass the IVY course(s), you must obtain a minimum of 80% on the Final Comprehensive Exam with a maximum of three attempts. If you have any questions or experience any technical difficulties with IVY Software, please contact the IVY Software Support Team.


    For any questions about the UK MBA Preparatory Courses, please contact:

    Christopher Carney
    Director of MBA Recruitment
    Gatton College of Business and Economics
    University of Kentucky | Lexington, KY 40506
    859.257.7645 (office) | christopher.carney@uky.edu