MBA Preparatory Courses

The faculty assumes that all new MBA students demonstrate a proficiency in basic economics and accounting. Certification of the MBA preparatory courses in economics and accounting may be satisfied in one of the following 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
    Micro and Macro Economics at the University of Kentucky taken in class or online*
  2. Equivalent courses at another accredited university (via classroom, on-line or correspondence course)
  3. IVY Software: successfully passing "Fundamentals of Economics" which covers both microeconomics and macroeconomics topics
  4. College-level proficiency (CLEP) examinations

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

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
    Financial Accounting and Managerial Accounting at the University of Kentucky taken in class or online (ACC 221 or ACC 222)*
  2. Equivalent courses at another accredited university (via classroom, on-line or correspondence course)
  3. IVY Software: successfully passing "Financial Accounting" and "Managerial Accounting"
  4. College-level proficiency (CLEP) examinations

    IVY Software Instructions:
    IVY Software is an online, diagnostics tool which offers specific courses that have met our MBA preparatory specifications. Below are the instructions to access the necessary courses through IVY Software:

    1. Fundamentals of Economics
    2. Financial Accounting 
    3. Managerial 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. To this end, we have partnered with IVY Software to offer two courses for incoming students. We strongly encourage incoming students that do not have an engineering, finance, or mathematics undergraduate degree to complete these courses: 

    1. Business Math & Statistics
    2. Excel for MBA Students 

    Please Note:

    • To successfully pass the course(s), you must obtain a minimum of 80% on the Final Comprehensive Exam with a maximum of three attempts
    • Email Christopher Carney, Director of MBA Recruitment to verify that you've passed the course
    • If you have any questions or experience any technical difficulties with IVY Software, please contact the IVY Software Support Team