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This dual degree program is designed to train management professionals with special expertise in Latin America. The dual degree can be completed in a minimum of 61 credit hours with a maximum of 12 shared credit hours. For the LAS component, students are required to complete 24 credit hours, including a minimum of 9 hours in each of the two chosen areas of concentration. In order to meet the MBA requirements, a student must complete a minimum of 31 credit hours to complete the core degree requirements.

Two fellowships are available specifically for MALAS/MBA dual degree students. These fellowships are administered by the Anderson School of Management.