The joint MDiv/MBA will link the faculties, resources and education of Baylor’s internationally recognized business school and seminary, offering to students an education that prepares them well for a multitude of leadership opportunities. As religious institutions continue to morph into complex organizations and nonprofits continue to proliferate, the constituencies of such institutions are seeking qualified, competent and well-educated individuals to lead them.
“These individuals need the skill set that is developed in the master of business administration program, but they also need the biblical, theological and ministerial formation gained through a master of divinity program,” said Terry S. Maness, DBA, dean of the Hankamer School of Business. “The MDiv/MBA degree program will prepare ministers who can implement financial strategies, transform organizational behavior and ensure financial integrity in congregations and nonprofit organizations.”
“As many churches have grown, the level of organizational and financial complexity has increased,” said David E. Garland, Ph.D., professor of Christian Scriptures and The Charles J. and Eleanor McLerran Delancey Chair of the Dean of Truett Seminary. “Although these tasks often fall to the senior pastor, most do not have the time or expertise to address such matters. In fact, a number of congregations are hiring an ‘executive pastor’ to address financial, organizational and supervisory tasks. The MDiv will provide the biblical, theological and ministerial foundations for such a position, while the MBA will equip students with the business skills necessary for the position.