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Plan of Study – MBA Business Administration

Note: A Semester Hour (s.h.) is a unit of academic credit representing an hour of class (such as lecture class) or three hours of laboratory work each week for an academic semester. Most courses are two, three or four semester hours.

Business Administration: MBA

Prerequisites

Prerequisite Requirements (Minimum of 9 semester hours required. These courses may be waived if undergraduate equivalents have been completed at an accredited institution.)
Fundamental principles of external financial reporting emphasizing the accounting concepts, procedures, and standards that guide the preparation, interpretation and reporting of financial accounting information.
Examination of the overall mechanics of the national economy: components of national income, relationship to the global economy; money, banking, and the central bank; economic cyclical fluctuations; economic growth theories; government’s role in a modern economy; monetary and fiscal policy. Emphasis is placed on current economic conditions, with discussion of national economic policy formation and desirable policies. The impact of international trade and financial flows on the national economy is also explored.
Study of marketing concepts, terminology, and applications. Study of the role and operation of marketing functions and their influence on the organization both internally and externally.

Business Administration: MBA

Program Requirements (Minimum of 36 semester hours required.)
     Foundation Courses (Minimum of 6 semester hours required.)
Developing and using managerial accounting information to make informed decisions in the areas of planning, controlling, and performance evaluation. Emphasis is placed on budgeting and analyzing cost management systems to enhance administrative and leadership functions, along with improving organizational performance. Prerequisite: ACC 5150.
Focuses on the use of information systems technology by managers and professionals to improve: organizational performance, project management, personal productivity and competitive advantage. Utilizes different case study scenarios, along with data analytics expertise for effective decision-making.
     Management Core (Minimum of 24 semester hours required.)
Examination and application of theoretical and analytical tools that economists use to evaluate the significance macro- and microeconomic principles on managerial operations and decision making. Emphasizes economic analysis through examination of empirical studies and cases involving actual managerial situations at many levels of commerce, for-profit, non-profit, and government. Areas of analysis include unemployment, inflation, monetary and fiscal policy, and the pricing system, capital structure strategies, and government regulations. Prerequisite: ECN 5170 (Prerequisite does not apply toward Master of Science in Nursing Leadership majors).
Exploration of principle financial decisions and financial management strategies of non-financial entities. Topics include present value concepts, short-term cash budgeting and working capital needs, capital budgeting, long-term capital structure planning, and dividend policies. Prerequisite: ACC 5250.
Study of cultural environments as they relate to the management of international organizations and multicultural corporations. Emphasis on the cultural aspects of international business, including values, customs, attitudes, behaviors, motivation, leadership, social organizations, and how culture affects ways of doing business.
Integration and application of the core disciplines of business to enable students to develop effective decision-making skills. Tools and techniques for developing leadership strategy in view of corporate policy and competing stakeholders’ needs and interests are explored. The case study method, strategic plan development and analysis is applied to a cross-section of firms and corporate entities.
Study of ethical issues and dilemmas facing managers and employees within a business context. Students explore and analyze business ethics relating to the nature of work within organizations and society at large. Through the analysis of case studies and relevant philosophical theories of justice, students will develop skills that would improve value creation and limit short-termism in the corporate ecosystem.
Address the challenges faced by for-profit and nonprofit organizations by understanding the unique institutional context and the behavior of individuals within these organizations. Review relevant research related to for-profit and nonprofit organizations, bridging theory and practice to address complex management issues. Examine relevant legal and ethical issues related to organizational theory and human behavior and the implications of such intersection for the modern organization.
Application of strategic management and planning approaches to achieve organization-wide marketing objectives. Specific topics include methods of market analysis and decision making in local and multinational business markets, and contemporary strategic marketing. Application of strategic marketing in for-profit and non-profit organizations are considered. Prerequisite: MKT 5160 or one undergraduate marketing course.
Study and application of operations and global supply chain management principles in manufacturing and service industries. Students learn how to create value and achieve operational efficiency and optimize profitability through local and global supply chains. Focus on tools, techniques, and smart methods to efficiently manage inventory, quality control, and forecasting; design supply chain networks and business processes; and develop statistical quality controls, products, and services.
     Capstone options (The alternate capstone is for international students located in Haiti and the UAE. Required capstone is for all other students.)
          Required Capstone Courses
Prepares students for the capstone research project. Students develop and submit a business analytics research proposal, initiate their literature review and/or topical research, and master basic data analytic concepts and procedures. Must be taken the semester before BUS 6950.
The second of a two-course business analytics research sequence, students conduct their capstone research projects under faculty guidance. Pre-requisite BR 6210
          Alternate Capstone Course (Minimum number of 6 semester hours required. Alternate capstone is for international students located in the UAE or Haiti.)
An examination of a contemporary approach to leadership structures, theories, and leadership practices in for-profit and nonprofit organizations. An integration of ethical leadership principles and leadership competencies in diverse organizational settings. Exploration of analytical tools and conceptual frameworks in leadership, based on an understanding of leadership roles in team development and organizational performance.
Development and application of business policy using techniques of strategic management of an organization as a whole, both internally and externally and locally and globally, taken primarily from the perspectives of middle and top management. Emphasis is on the long view, but does not neglect short term situation management of operational problems, technology, diversity, change, and ethics. Examines how strategy is developed; considers the respective roles of stakeholders. Employs quantitative and qualitative methods and data, including case studies and simulation. Prerequisite: successful completion of all foundation courses.