ERAU Master of Business Administration in Aviation (Embry-Riddle Aeronautical University)
Course Information
Description
Introduction
An MBA is a scientific approach to management. It is an advanced business degree that provides a foundation in various business sectors including accounting, finance, marketing, operations management and human resources. Similar to an MBA, a Master of Business Administration in Aviation (MBAA) offers a comprehensive look inside the business world but from an aviation and aerospace perspective—looking at real industry problems.
Offered jointly by Embry-Riddle Aeronautical University and ERC Institute, the 36-credit hour MBAA program is especially suited for working professionals who want to gain a competitive edge. Classes are limited to 25 students, to ensure you get the attention you need.
Upon completion of the MBAA program, students emerge with:
- A better understanding of modern management concepts, methods and tools within an aviation context
- The ability to manage the efficient and effective use of scare resources
- An understanding of how to operate in an atmosphere of heightened national and international competition
- The skill set needed to become a leader or decision-maker in the aviation field
Entry Requirements
All Master of Business Administration in Aviation (MBAA) applicants must have earned a baccalaureate degree from an accredited degree-granting institution with a cumulative grade point average (CGPA) of 2.5 or higher on a 4.0 scale.
Applicants who already possess a master’s degree or have completed graduate coursework from an accredited degree granting institution must also have a 3.0 CGPA or higher at the graduate level.
Age requirement of 18.
Applicants must submit official transcripts from all accredited institutions showing degree completion or courses attempted. Official or unofficial transcripts may be requested to verify prerequisite knowledge.
Prerequisite knowledge is considered in the following areas when making an admission decision:
- Management
- Finance
- Accounting Methods
- Marketing
- Economics
- Quantitative Methods
Students should assume responsibility to ensure the above prerequisite knowledge requirements are satisfied through one of the following methods:
- Present evidence of successful completion of an undergraduate or graduate course in each of the subject areas
- Receive at least the recommended score on the Graduate Management Admissions Test (GMAT). School Code: 0MX-68-90
- Satisfactorily complete the required six business foundations courses offered by Embry-Riddle Asia. Pre-requisite courses can be taken while pursuing the MBAA program provided the foundation course is completed satisfactorily prior to the MBAA course requiring the pre-requisite. Students do not need to take all six foundation courses before joining the MBAA degree program
Applicants for whom English is not the primary language must either:
- Attain a minimum score on the Test of English as a Foreign Language (TOEFL) of 550 (paper-based) or 79 (Internet-based)
- Attain a minimum score on the International English Language Testing System (IELTS) of 6.0
- Earn transferable credit for a course that is the equivalent of ENGL 123 (English Composition) at an accredited postsecondary institution
- Display evidence of attendance and graduation from a secondary school in which the language of instruction was English
Applicants must submit a statement of purpose and successfully complete an admissions interview with the College of Business Administration chair and admissions committee.
To apply for the MBAA program:
Step 1: To be considered for admission, applicants must apply online pay the SGD 50 application fee, and submit all required documentation before the deadline
Step 2: The University will process the application and supporting documentation and inform the applicant if the basic requirements have been met in order to proceed to the admissions interview stage
Step 3: Upon admission, the University will issue the acceptance letter and further enrollment instructions
For questions about the application process, contact an Enrollment Advisor at +65 6933 9580 or asia@erau.edu.
Course Fees
For the latest tuition information, please visit our Tuition and Scholarships page. Students are not required to make full upfront payment. Course fees are due upon first time enrollment and before the start of each term. Program tuition does not include textbooks and course materials which vary from term to term but can be estimated at SGD 200 per course.
If you are ready to apply, begin the application process today. For questions regarding program cost, contact an Enrollment Advisor at +65 6933 9580 or asia@erau.edu
Career Opportunities
Information not available
Modules
Course Delivery
This full-time program is offered in an intimate classroom setting where you get one-on-one attention from faculty members and the chance to interact with and learn from fellow students. This is an accelerated full-time MBA in Aviation designed to be completed in just one year.
Module Descriptions
HROM 510 Enterprise Risk Management
Risk identification, assessment, and response across an enterprise. Quantitative and subjective tools to define and quantify strategic, operational, and functional risk. Evaluation of the risk appetite. Integration of risk in the decision-making process. WW Prerequisites: Admission to MBAA MSEM or MSM.
HROM 520 Organizational Resilience
Organizational resilience and agility in a High-Reliability Organization (HRO) context. An in-depth study of the thinking and actions of reliable and resilient people and organizations. Leading in a complex environment including change management, promoting innovation, crisis and disruption management, and the creation of a culture of resilience.
HROM 530 Modeling and Decision-Making
Introduction to statistical techniques and decision-making tools for the high-reliability organization.
MKTG 510 Economics of Marketing
How economics impacts marketing. Impact of macro and micro economic factors, market structures, and supply and demand on a firm’s pricing, promotion and distribution decisions.
MKTG 511 Science of Selling
Professional sales and sales management strategies, techniques, and tools that fuel this key top-line revenue-driven subset of marketing. Sales programs; optimizing sales performance; customer lifetime value.
MKTG 512 Delivering Customer Solutions
Strategic decisions necessary to develop product and service solutions that generate customer value in a competitive marketplace. Market analysis; new product development; product lifecycle; service management; service quality; communicating customer value.
ACCT 510 Business Accounting
Accounting concepts for business managers. Emphasizes ethical decisions to business scenarios and developing communications skills. Accounting cycle, financial statements, and accrual accounting, and understanding accounting information user Define accounting and its role in business.
FINE 518 Corporate Finance
Theoretical and practical approaches to effective financial management. Planning, analysis, and control of investments (e.g., capital budgeting, risk and diversification); short and long-term financings (e.g., debt and equity); financial derivatives (e.g., options and futures); making ethical financial decisions.WW Prerequisites: AACT 510
OBLD 519 Organizational and Employee Behavior
Organizational and employee behavior intervention strategies for managers. Equitable organizational design, recovery, and renewal for global workforce. Challenges and subjectivity in human behaviors and cultural, social, and ethical value formation and implementation.
HRMD 549 Personnel Management
Discussion of feedback, communication, planning, and training with relation to multiple populations and talent. Analysis of performance management systems culminating in the creation of performance management plans. Evaluation of talent and effective succession planning.
BUSW 635 Business Strategy for Managers
Long-term planning and management tools to formulate the organization’s strategic vision and policies. Application of the concepts are applied to the domestic and international activities of organizations to create a sustainable competitive advantage. Pre-Requisite: Should be last course taken of the MBAA core.
MKTG 632 Global Marketing
Global perspective on marketing management strategies. Current issues and events in the international market. Legal, regulatory, political, language, and other cultural factors influencing products and services for firms operating globally.
Prerequisite: MBAA 514 or MKTG 510, MKTG 511, MKTG 512 or MKTG 311 or equivalent course.
FINE 653 International Finance
Apply international financial considerations in the development of corporate financial policy; exchange rate behavior, risk, management and asset management from a global perspective.
Prerequisites: MBAA 518 or FINE 518.
FINE 673 Global Economic Analysis
Builds three economic models for markets in real goods and services, credit, and foreign exchange. Apply models to government economic policy initiatives and external shocks on an economy.
Prerequisite:
Satisfactory completion of Business and Foundation Course BUSW 500 or permission of the appropriate Department Chair.
MGMT 651 Production and Procurement in the Aviation and Aerospace Industry
This course explores the aspects of production/operations management and the procurement processes necessary to maximize efficiency and effectiveness. This includes an in-depth analysis of production/operations concepts, methods, and techniques from a systems perspective. Areas of emphasis are quality management, MRP II, scheduling, inventory management, purchasing, material management, JIT and manufacturing strategy. It will include issues such as layout, storage and warehousing decisions, produce-procure decision-making, application of learning curves, and maintenance and reliability issues.
Prerequisites: Satisfactory completion of MGMT 500, Business Foundation Course MGMT 503A or permission of the Graduate Program Chair.
LGMT 685 Global Logistics and Supply Chain Management
Today, globalization is affecting almost every aspect of the world’s economy –and the world’s economy is sustained by global logistics. The focus of this course is on understanding the role of logistics and supply chain management in meeting the needs of the transnational enterprise, from the sourcing of raw materials through delivery of the finished product to the final customer. The course addresses the role and scope of logistics in the global economy; key strategies for supporting different market entry alternatives; the impact of different transportation modes on international supply chain management; the use of international commerce terms and contracts; the impact of exchange rates on supply chain profitability; supply chain security; and the role of global supply chain management as a key source of competitive advantage. A number of case studies are also analyzed throughout the course to highlight important principles and best practices in global logistics and supply chain management.
MBAA 604 International Business Administration
This course addresses international business through the examination of major issues challenging those managers operating in the international business environment. Ways to enter foreign markets and the forces work for and against that entry are examined. Financial issues, to include foreign currency exchange, hedging techniques, and the International Monetary Fund are examined. Structuring organizations within the economy are analyzed. Human resources issues are also examined, to include culture, the labor force, communications, effective teamwork, and ethics. Strategic planning is reviewed in terms of the various components that contribute to the successful conduct international business. Trade theory, tariffs, the theory of absolute and comparative advantage, and trade barriers, are also discussed and examined in terms of global operations.
Prerequisites: Satisfactory completion of the Business Foundation Course MGMT 503A or permission of the Graduate Program Chair.
MBAA 611 Airport Management” icon
The focus of this course will be an examination of the management of airports. Emphasis is on the facilities that comprise an airport system, including airspace, airfield, terminal, and ground access operations.
MBAA 612 Air Carrier, Passenger, and Cargo Management
The course provides students with a broad perspective of passenger and cargo air carrier management. Topics include the role of air transportation in global economic development, alternative strategic approaches to route structure and product design, fleet selection, finance, and revenue management. Distribution systems including the role of travel agencies, freight forwarders, global distribution systems, and Internet portals are explored. The regulatory foundation of international aviation, the effects of liberalization and privatization, and emerging global alliances receive attention. The course concludes with a review of the evolving role of governments, airports, and air carriers in protecting the security of passengers and cargo.
MBAA 616 Managing Human Factors in the Aviation/Aerospace Industry
This course provides an overview of managing the human role in all aspects of the aviation and aerospace industries. Emphasis is on issues, problems, and solutions of unsafe acts, attitudes, errors, and deliberate actions attributed to human behavior and the roles supervisors and management personnel play in these actions. Students examine a variety of human factors and evaluate how management intervenes to foster, correct, or alter these factors. Some of the key factors examined include the human limitations in the light of human engineering, human reliability, stress, medical standards, drug abuse, and human physiology. Discussions include human behavior as it relates to the aviator’s adaptation to the flight environment, as well as the entire aviation/aerospace industry’s role in meeting the aviator’s unique needs.
FIND 615 Investments
This course provides a survey of investments including security markets, investment vehicles, investment analysis, and portfolio management. Specific topics include the concept of risk and return, types of financial instruments, security valuation, mechanics of trading, the survey of investment companies, asset allocation for individual and institutional investors, the concept of efficient markets, equity and bond portfolio management, and portfolio performance evaluation. The course is taught from the viewpoint of both an individual and institutional investor. The course use case studies from the airline and aerospace industries. Web-based investment simulation, and current economic and capital market information to provide practical application of the course materials.
MSLD 511 Organizational Leadership
This course is designed for students to explore leadership in organizations. The course provides students with knowledge and a review of organizational leadership theory and research. It also examines the effects of internal and external organizational factors on leadership outcomes. Topics covered are the approaches and models of leadership, to include the nature of leadership, effective leadership behavior, strategic leadership by executives, leadership and organization change, group and team leadership strategies, and the associated ethical, gender based, cross-cultural and diversity oriented aspects of leadership.
MSLD 632 Decision Making for Leaders
The leaders in an organization often set the tone and establish benchmarks for success. In this course the focus is on developing a successful leadership style so as to facilitate team-building, collaboration and a corporate culture that promotes success. Decision-making techniques will be explored in the context of successful leadership styles. Students learn frameworks for approaching decisions and for representing real-world problems using models that can be analyzed to gain insight and understanding.
PMGT 500 Foundations of Project Management
In this course, students will be introduced to the project management profession and international methodologies. The role of the project manager will be examined through performance and personal competencies. Additionally, the organization’s governance is considered as a foundation for project success.
MGMT 535 Theory and Application of Managerial Communications
This course explores the impact of communication in managing contemporary technical organizations and provides a broad survey of the technical aspects of communications. Emphasis is placed on the application of theory to practice to develop students managerial and strategic communication skills so that they may grasp not only how, but also what, why, when, and by what means managers effectively communicate. Students will have the opportunity to gain an understanding of why good communication skills are important in business, how communication today is affected by technology, why effective communication can be difficult, how communication is used in teams, and what issues exist in overcoming intercultural communication barriers. Students will practice communicating conclusions to problems in concise and persuasive writing and speaking. Written assignments involve preparing technical reports and use of APA Style manual
MSLD 634 Leadership Ethics and Corporate Social Responsibility
Students are introduced to several topics that form the foundation for Leadership Ethics and Corporate Responsibility. Topics include: personal dilemmas, morals, virtues, organizational dilemmas, and societal issues. The course focuses on the role of ethics in decision-making on three levels: the individual, the organization, and society
MSLD 633 Adaptive Leadership in Complex Environments
In constantly changing environments, leaders routinely create and revise strategies. This course explores the role of leaders in developing unity, focus, credibility, and direction within organizations. Students will be exposed to several strategic frameworks and develop an understanding of which models might be useful in certain situations. Students also learn how to scan the environment; develop and deploy coalitions; identify critical success factors and barriers to implementation, and create viable actions plans.
MMIS 505 Information Analytics and Visualization in Decision Making
One of the most potent models of the decision process is the OODA Loop — that we Observe, Orient, Decide, and then Act. Key to this or any other control and decision (or cybernetic) process is that vast quantities of raw sensory data about the outside world must be processed, abstracted, and then presented in contrast and conjunction with the knowledge previously generated and retained. This two-step process — the reduction, analysis, filtering and abstracting of data into knowledge, and its presentation in formats and fashions that support the decisions that must be made — is the subject of this course. The relationships between such analysis and visualization will be examined in the context of business and organizational decision-making and decision support systems concepts
Full-Time (courses conducted during the day)
Students pursuing the MBAA degree program at a full-time pace will take 3 courses each term. The 36 credit hour MBAA degree is designed to be completed in 1 year. The full-time MBAA currently has a planned intake in July of each year. Additional intakes are being considered and will be announced shortly.
Course Availability
Our primary intake for the MBAA degree program takes place in July of each year. Additional intakes are being considered and will be announced shortly. A member of the Enrollment Management team can help you decide which start term works best for you.
Assessment Framework
Courses are assessed by a combination of coursework, practical assignments and examinations. Formative assessments will also be included, as well as self- and peer-assessment and research projects.