Leveling Courses

In accordance with ACBSP standards, all Concordia University Chicago MBA students will take a Common Professional Component (CPC)-based comprehensive exam as part of their coursework in their first MBA course, MBAC 6000, Managing and Leading Effective Organizations. The exam contains ten questions for each business topic, 40 questions total. The business topics include; Accounting, Finance, Macroeconomics/Microeconomics, and Statistics. The CPC exam is used to identify if there is a need to develop foundational business knowledge so that students will be successful when taking the graduate-level courses that comprise the common body of knowledge (CPCs) within the MBA program.

If a need is identified in a specific area, the student will be required to take an academic leveling course (ALC) in that specific academic area. The ALC self-paced module comprised of a 20-question pre-test, 4-6 hours of online instructional material, and a 20-question post-test. The assessment test is approved by Accreditation Council of Business Schools and Programs (ACBSP) as a method to ensure quality in education and is a requirement for accreditation. Assessment fees for the pre-test, post-test and modules are not part of the tuition and are paid directly to the service provider, Peregrine.

The Leveling Courses will not affect admission but, if identified as necessary, will be required for graduation as prerequisites for the respective courses.

If you have further questions or concerns please email the Graduate Academic Operations Manager Emily Carpenter at Emily.Carpenter@cuchicago.edu

Frequently Asked Questions about the Leveling Courses

Q. What is the structure of the Peregrine Academic Leveling program?

A. In MBAC 6000, you will be required to take the inbound comprehensive test. This test will cost you $36. This test will identify which quantitative academic leveling modules you will be required to take in the following subject areas: accounting, finance, economics and statistics. You must pass with a satisfactory score in each respective subject or take the associated module. Each module will cost you $35 and take 4-6 hours to complete. In MBAC 6990, you will be required to take the outbound comprehensive test. This test will cost you $36.

Q. Where will I find the Peregrine Academic Leveling program?

A. You will find the inbound comprehensive test, outbound comprehensive test, and all modules in Blackboard. Under you course list you will find a course listed as “COB-MBA-ALC: MBA Program Academic Leveling Course.” You will have access to this course your entire time at Concordia.

Q. Do I have to take the Peregrine Academic Leveling inbound comprehensive test, modules, and outbound comprehensive test?

A. If you started your MBA program at Concordia University Chicago in fall 2016 or after, you must complete the inbound comprehensive test in your first MBA course, identified modules based on your individual scores, and outbound comprehensive test in your last MBA course.

Q. Why is Concordia requiring me to take these tests and modules through Peregrine?

A. Concordia is requiring all MBA students participate in the Peregrine leveling program. The inbound and outbound comprehensive tests are for our reporting with accreditation and the modules are to be used as an educational tool. A GMAT, GRE or undergraduate business degree is currently not required for admission into the MBA program so this academic leveling program is our answer to accreditation when asked the question, “How do you make sure your students are prepared?” Research has shown that the quantitative courses that are required in the academic leveling program (economics, accounting, finance and statistics) are courses failed or retaken most often in the MBA program. Instead of having students retake a course for more than $2,000, the $35 fee for a leveling module is an affordable solution to make sure students are prepared before entering the MBA courses with or without prior subject knowledge.

Q. Does any aspect of the leveling program affect my final grade?

A. Your final grade will be affected. However, your grade will be impacted by completion and not by performance. You must complete the inbound comprehensive (in MBAC 6000) and outbound comprehensive exam (in MBAC 6990) for points that count towards your final grade.

Q. Does any aspect of the leveling program affect my course registration?

A. Your course registration will be affected. You must complete your leveling program module before registering for the respective MBA course. For example, if you do not pass the statistics section in the inbound comprehensive exam, you must complete the statistics Peregrine leveling module before you can register for the statistics MBA course.

Q. Will anyone else know my score?

A. The only people who will have access to your scores will be you, your quantitative professors, the graduate academic operations manager, and your graduate advisor. No one else will know your scores unless you choose to tell them.

Q. How are the inbound and outbound comprehensive exams presented to me?

A. The inbound and outbound comprehensive exam consists of 40 randomized, multiple-choice questions, ten questions from each subject: accounting, economics, finance and statistics. The questions are timed, approximately three minutes per question. The average time for completion is around 45 minutes.

Q. How are the leveling modules presented to me?

A. Each leveling module will contain a pre-test to access your weaker areas in that subject, tailor a 4-6 self-paced course to you to complete, and contain a post-test. The pre-test and post-test will contain 20 questions. You must pass the post-test with a satisfactory score. You have two attempts to pass the post-test before you will have to pay for the module again ($35).

Q. Should I prepare for the inbound comprehensive test?

A. You do not need to prepare for the inbound comprehensive test because it is meant to show you your baseline knowledge level and to help you focus your subsequent learning for weaker areas. If you would like to review for the inbound comprehensive test, here are the subject areas and overarching topics covered in the inbound comprehensive test.

  • Accounting: Assets and Liabilities; Audits, Auditing, and Balance Sheets; Capital Investments; Credits and Debits; Equity; Net Present Value
  • Economics – Macroeconomic Focus: Employment and Unemployment; Gross Domestic Product; Gross Domestic Product: Calculation, Use, Analysis; Income, Debt, and Investment; Inflation and Interest Rates; International Trade; Pricing and Price Indexing
  • Finance: Balance Sheets and Financial Statements; Cash Flows and Budgets; Debit, Equity, and Depreciation; Financial Ratios; Finance, Forecasting and Financial Planning
  • Statistics: Data Analysis Techniques; Descriptive Statistics; Hypothesis Testing; Inferential Statistics; Power Analysis; Probability; Sampling Errors; Sampling Methods and Research Design; Significance Levels; Simulation Modules; Type I and Type II Error

Q. After I purchase an academic leveling course module, how long can I access the materials?

A. You can access any academic leveling course for up to two years after purchase. This means that you can take the course, pass, and then have the option to review before your course begins or even during your course for additional refresh or help.

Q. Where do I go if I have questions?

A. You should email Peregrine support through their website or email the Concordia University Chicago College of Business graduate academic operations manager, Emily.Carpenter@CUChicago.edu

 

     

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