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The elective component of the MBA curriculum is very flexible in order to best support your individual interests and career goals. In consultation with your program adviser, you will construct a degree plan. You may select elective topics from a variety of disciplines, or you may choose to build a focused specialization.

Student talk in hallway before class

See a complete list of MBA elective courses

The following specializations are available:


A specialization in accounting can provide even non-accounting undergraduate majors with the appropriate subject area coverage and credit hours required to sit for the CPA exam, as well as the confidence, knowledge, leadership and quantitative ability to be a successful public accountant or financial professional.

Core Courses:

  • Financial Accounting (ACCT 601)
  • Managerial Accounting (ACCT 605)
  • Business Law for Accountants (BLAW 620; replaces BLAW 600 in core)

Elective Courses:

  • Intermediate Accounting I (ACCT 701)
  • Intermediate Accounting II (ACCT 702)
  • Business Taxation (ACCT 710)
  • Auditing (ACCT 717)
  • Cost Accounting (ACCT 720)
  • Advanced Accounting (ACCT 730)

While Minnesota state law requires a minimum of 15 credits of graduate-level accounting coursework to be eligible to sit for the CPA exam, the St. Thomas accounting faculty recommends taking all the courses listed to offer the best chance of success on the CPA exam, unless already completed in previous accounting coursework. Students should consult with their program adviser and accounting faculty to determine the best degree plan for their individual background.

You can learn more about all the requirements to become a CPA through the Minnesota Society of Certified Public Accountants

Certificate in Business Analytics

If you're seeking a fast-paced, immersive program focused on business analytics consider our Certificate in Business Analytics.

Our certificate program will help you bridge the gap between data collection and data analysis. In just two semesters, you will gain and hone critical skills in statistics, data modeling, data analysis and industry analytics.

If you are currently enrolled in a graduate program at UST (MBA or GPS), you may also enroll in the certificate classes and earn a certificate designation on your transcript.

Learn more about the program »

Entrepreneurship/New Venture Management

For students who are interested in:

  • Starting a business
  • Corporate venturing
  • Franchise management
  • Family business management

Financial Management

For students who are interested in:

  • Corporate financial management
  • Investments management
  • Financial institutions management
  • International finance management


For students who are interested in:

  • Organizational leadership and management
  • Human resources management
  • Operations management
  • International management
  • Nonprofit management 


For students who are interested in:

  • Industrial marketing management
  • Service marketing management
  • Brand management
  • International marketing management

Operations and Supply Chain Management

For students who are interested in:

  • Operations management consulting
  • Service operations management
  • Supply chain management
  • Quality management

Real Estate

For students interested in careers as:

  • Appraisers and consultants
  • Brokerage and leasing consultants
  • Corporate and institutional real estate managers
  • Developers
  • Lenders
  • Property and facilities managers
  • Public sector real estate specialists

Elective courses from other St. Thomas graduate programs

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