MBA Preparatory Courses

The 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, candidates will need to be familiar with certain mathematical operations, basic statistics, as well as Microsoft Excel. Candidates can apply into the program without the required MBA prepararotry courses satisfied, however they must be completed before the start of the program. Compentency 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 covers both micro and macroeconomics
  4. College-level proficiency (CLEP) examinations

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 (CLEP) examinations

    *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 courses that have met our preparatory specifications to adequately prepare students for the MBA curriculum. The affordability and accessibility of these courses had made this option the most popular among our candidates in satisfying the MBA preparatory courses. Visit the University of Kentucky's MBA IVY Software page and add to your cart the required MBA preparatory course(s): 

    • Fundamentals of Economics
    • Financial Accounting 
    • Managerial Accounting 

    Additionally (however not mandatory), we strongly encourage incoming students that do not have an Engineering, Finance, or Mathematics undergraduate degree to complete the following IVY Software courses or through equivalent coursework:

    • Business Math & Statistics
    • Excel for MBA Students 

    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