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MBA Test Description

Test Length

The Major Field Test for Master of Business Administration programs is a three-hour multiple-choice test. The addition of locally developed questions may require a longer testing period.

Scores

Major Field Test score reports are sent directly to the university. Results are reported for the entire group of test takers, as well as for individual students. Overall student scores for the MFT-MBA are reported on a scale of 220-300. Other scores reported are based on group-level achievement in five subfields of the discipline. Each of these "assessment indicators" report the average percentage of a subset of test questions answered correctly by all students tested. Only correct answers are scored, so students are not penalized for omissions or guesses.

Test Content

The MBA test consists of 120 multiple-choice questions, half of which are based on short case-study scenarios. Some questions employ such materials as diagrams, graphs and statistical data. Mathematical operations do not require the use of a calculator.

Most of the questions require knowledge of specific information drawn from marketing, management, finance and managerial accounting, or a combination of these, referred to as "strategic integration." The test also includes questions that focus on international business, information technology, the legal and regulatory environment of business, ethics and social responsibility in business, statistical analysis and managerial economics.

The distribution of the content areas with some examples of the topics covered is as follows:

I. Marketing (20% of total test)

  1. Marketing Mix
  2. Strategic Marketing
  3. Buyer Behavior
  4. Market Research

II. Management (20% of total test)

  1. Organizational Behavior
  2. Human Resource Management
  3. Organizational Theory
  4. Operations Planning/Management Science

III. Finance (20% of total test)

  1. Financial Management
  2. Valuation/Investments
  3. Institutions and Markets

IV. Managerial Accounting (20% of total test)

  1. Relevant Cost
  2. Resource Planning and Analysis
  3. Cost-Volume Profit Analysis
  4. Product Costing

V. Strategic Integration (20% of total test)

  1. Strategic Planning
  2. Strategic Analysis (SWOT - Strengths, Weaknesses, Opportunities, Threats)
  3. Strategic Implementation and Evaluation