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MBA COURSE DESCRIPTION


REQUISITE SKILL COURSES: 

MGT 550 Computers and Applications:
This course (a) reviews some of the key hardware and software concepts as they apply to contemporary business, and (b) utilizes case studies to apply some well known and useful microcomputer applications to business related problems. The skills obtained will enable the student to interact comfortably in designing applications incorporating spreadsheets, databases and graphics presentations (1.5 credits: 0 credits towards the MBA). 

ECON 550 Mathematical Methods for Business:
This course reviews mathematical skills that are requisite knowledge for MBA students.  Students will be exposed, in a business context, to the application of equations and graphs, functions, matrix algebra, exponential and logarithmic functions, and differential and integral calculus (1.5 credits: 0 credits towards the MBA).

LOWER CORE COURSES: 

ACCT 606 Financial and Managerial Accounting: 
The course will focus on how to organize, present, analyze, and interpret financial and cost accounting information. Accounting information is organized in the form of journals, special ledgers, and the general ledger. Financial information is presented in the form of financial statements, principally, the income statement, balance sheet and cash flow statement and statement of retained earnings. Management input in financial statements relates to interpretation of accounting numbers. Ethical issues are covered in this course on topics relating to control of cash and receivables, recognition of revenues and expenses, and separation of duties in relation to custody of assets and record keeping.  Global and diversity  issues will be covered when discussing valuation of assets and liabilities of foreign operations, recognition of  foreign exchange gains and losses, and the repatriation of dividends. The impact on technology on accounting and financial information systems will be incorporated  in the course in discussions relating to management of cash and accounts receivable, valuation of inventory, and management of fixed assets. 

ECON 609 Economic Analysis: 
This course is designed to introduce the student to the basic concepts of both macro and microeconomics.  Particular emphasis will be placed on the examination of output, demand, employment/unemployment, prices/inflation, profits, and market structures, as well as an analysis of relevant macro (monetary, fiscal and supply) and micro (regulation and taxes) policies. 

FIN 607 Financial Management:
Reviews the financial basis of management decisions relating to the acquisition, allocation and control of financial resources.  Students will explore the evolving relationship among internal financial management activities and the external financial environment in which the firm operates.  The course will have stockholder relations and the interest of shareholders as the central theme for corporate decision making. Prerequisites: (1) ACCT 606 (2) ECON 609.

MGT 604 Management Process and Organizational Theory:
This course provides an integrated analysis of the major concepts, theories, functional viewpoints and corporate management strategies that shape today’s business environment.  Emphasis is on developing specific managerial skills that assist in identifying, integrating, and assessing all relevant factors and inputs in the managerial process, evaluating competitive advantages and performance, and estimating future prospects.  This course provides students with a macro approach to organizational theory and management, which improves their understanding of the organizational dynamics that determine their roles.  Major trends in current business organization are critically examined. 

MKT 608 Marketing Management:
This is a case based course that places marketing within the overall framework of business strategy. It emphasizes the environmental factors that influence marketing decisions.  It focuses on buyer behavior in both consumer and industrial markets, and the identification and analysis of marketing opportunities.  The section on satisfying these opportunities reviews the basic building blocks of marketing, namely: goods and services, pricing,  channels of distribution, and promotion leading to the development of a marketing plan consistent with the mission and goals of the organization. 

MBA 612 Management Information Systems:
This course explores the design considerations necessary for technological/information systems that utilize an effective human-machine interaction to formulate and solve management decision problems.  Topics include conversational” computer systems, input and output media, user-machine dialogues, interactive mode construction, interactive model solution and the computer as a communication device. Students will design programs and documents on an interactive information system and prepare research papers on a related topic. Prerequisite: MGT 604 . 

UPPER CORE COURSES

MBA 605 Business Statistics and Quantitative Analysis:
This course surveys some of the primary statistical and mathematical tools which will form the foundation through which students can analyze decision making under uncertainty and/or risk utilizing empirical evidence applied to theoretical underpinnings. The course is application oriented, and considers contemporary topics drawn from a business context that embody significant ethical, legal, or monetary components and implications. The course also surveys historical thought and alternative schools of thought concerning the use of statistical methods. Familiarity with basic elements of differential and integral calculus is assumed, and the topics chosen reflect those which are most commonly encountered in business & industry, such as descriptive statistics, combinatorics and probability, discrete and continuous random variables, inferential statistics, analysis of variance, regression analysis and multivariate techniques. 

MBA 610 Multinational Business Environment and Operations:
This course covers multinational comparative analysis of managerial functions, processes and institutions; socio-cultural, legal-political, economic and non-economic variables; and international business trends, theories, investments, transactions and foreign exchange markets.  The focus of the course is on management in a multinational enterprise.  Business operations and strategies are examined from an international perspective, with an emphasis on the production, finance and marketing functions and relationships between the multinational firm and the governments located in home/host countries. 

MBA 616 Organizational Behavior and Communication:
This course introduces the ‘micro’ theories of organization, and the basic skills of organizational communication.  It focuses on human behavior and action within the organizational setting at three levels of analysis – individual, interpersonal and organizational.  Relevant communication issues are discussed and skills developed for each organizational behavior level. 
Prerequisite: MGT 604.

MBA 640 Business, Government and Society:
Provides a comprehensive review of the relationships among business, government and capitalist enterprise.  Topics discussed include the nature of the private enterprise system, the overall role of government with an emphasis on its legal and constitutional background, growth and stability, inflation, debt, taxation, tariffs, foreign labor legislation and consumer interests.  Significant current events and developments in government-business relationships are also included. Prerequisite: ECON 609.

MBA 690 Business Policy Seminar:
This seminar builds upon and integrates the content of the program curriculum from the viewpoint of the corporate chief executive officer.  Specific attention is paid to the mobilization of resources for the attainment of corporate goals within the context of rapidly changing internal and external business environments.  A major paper in a current business problem area is required. Prerequisites: (1) FIN 607, (2) MKT 608 and (3) MGT604. 

ACCOUNTING CONCENTRATION AND ELECTIVES: 

ACCT 710 Financial Accounting and Reporting I:
This is an intensive MBA course geared towards students committed to take the CPA examinations. It studies in depth specific accounting subjects such as assets and liabilities and equity, revenue and expense recognition, accounting changes and error analysis, and preparing income statement, balance sheet, and cash flow statement for business entities. Prerequisite: ACCT606 or ACCT212.

ACCT 720 Financial Accounting and Reporting II:
This is an intensive MBA course geared towards students committed to take the CPA examinations. It studies in depth specific accounting subjects such as deferred taxes, pension, leases, business combinations and consolidations, partnership, foreign currency transactions and translation, and accounting for government and not-for-profit entities. Prerequisite: ACCT710 or ACCT312.

ACCT 730 Auditing and Attestation:
This is an intensive MBA course geared towards students committed to take the CPA examinations. The course is designed to provide the student with in-depth understanding of all aspects of auditing. These include accepting and planning the audit, evaluating internal controls, verifying account balances and financial statement assertions, reporting on audited financial statements, as well as auditing standards, and the legal liabilities and professional and personal ethical responsibilities of auditors. Prerequisite: ACCT710 or ACCT312.

ACCT 740 Regulation: Federal Taxation:
This is an intensive MBA course geared towards students committed to take the CPA examinations. The course provides a study of the U.S. Internal Revenue Code with emphasis on income taxation of individuals and corporations. The course looks at tax-minimizing decision making of individuals and corporate managers. The course is a practical study of federal income taxes and estate and gift taxes and emphasizes research techniques and tax planning principles. Provides practice in the preparation of tax returns and solution of case problems. Prerequisite: ACCT606 or ACCT312.

LAW 710 Regulation: Business Law and Ethics:
This is an intensive MBA course geared towards students committed to take the CPA examinations. Students will study in depth specific legal subjects such as partnership, corporations, property law and contracts both common law and UCC. The ethical parameters of business decision making will be emphasized throughout the course. Prerequisite: MBA 640, LAW 201 or LAW 252.

ACCT 700 Independent Study:
Arranged with a faculty sponsor and agreed upon by the department chair and the Dean. (Note: 1-6 credits). 

ACCT 706 Financial Reporting and Control:
This course uses the Harvard Case Method and focuses on the content, analysis, and interpretation of the financial and managerial accounting information used by managers in making business decisions. The financial accounting section includes generally accepted accounting concepts and principles for internal and external financial reporting purposes. The management accounting section emphasizes cost behavior, cost management, and management control. Prerequisite: ACCT 606.

ACCT 726 Current Financial Accounting Problems:
This course reviews the most recent pronouncements of the Financial Accounting Standards Board, the Securities and Exchange Commission and selected regulatory bodies.  Emphasis is on the application and limitations of the pronouncements using a case and problem approach. Prerequisite: ACCT 606. 

ACCT 727 Advanced Cost/Managerial Accounting:
Provides an in-depth study of complex cost problems with emphasis on profit planning and control.  Among the topics covered are budgeting, standard costing, cost and profit analysis, differential and comparative cost analysis. Prerequisite: ACCT 606. 

ACCT 728 Current Tax Problems:
Looks at tax-minimizing decision making of individuals and corporate managers.  The course is a practical study of federal income taxes and estate and gift taxes and emphasizes research techniques and tax planning principles. Prerequisite:  ACCT 606.

ACCT 731 International Financial Statement Analysis:
This course examines the financial and management accounting problems of international entities, the structuring of external and internal reporting and the application of recent accounting pronouncements.  This course also applies some of the many accounting and economic concepts to the analysis of a firm’s financial position and performance as shown in published information, primarily focusing on financial statements. Prerequisite: ACCT 606 . 

ACCT 760/Fin 760 Financial Analysis and Decisions:
This course is an in-depth study of the information contained in the financial statements and the techniques to analyze corporate profitability and risk, and to make credit and investment decisions . Prerequisite: ACCT606 or ACCT212.

ACCT 799 Selected Topics:
A topic not covered by an existing course will be offered as recommended by the
department and approved by the Dean. Prerequisite: Permission of the department chairperson (Note: 1-6 credits). 

LAW 700 Legal Environment of Business:
A study of business in its contacts with government, the public, and competing businesses.  Course content includes product liability, consumer fraud, antitrust, securities regulations, white-collar crime, contracts and the Uniform Commercial Code. 

ELECTIVES: ECONOMICS 

ECON 700 Independent Study:
Arranged with a faculty sponsor and agreed upon by the department chair and the Dean. (Note: 1-6 credits). 

ECON 705 Managerial Economics: 
The application of microeconomic theories to managerial decisions with respect to production, pricing, and investment. This includes optimization techniques, demand and cost functions, and utilization of market and cost information in pricing and production decisions.  Other topics include market structure analysis (perfect competition, monopoly, oligopoly) and government intervention. Prerequisites: (1) ECO 609, and (2) MBA 605. 

ECON 755 International Economics & Finance:
This course deals with the environment in which international business is conducted, including both economic relations and environmental factors that affect business operations within different nations. Topics include international trade, the balance of payment, exchange rate determination, tariffs and other trade restrictions, economic development, economic integration and international economic organizations within different nations. Also reviewed are the economic, political, and cultural conditions that influence international business. Prerequisites: (1) ECON 609 and (2) FIN 607 .

ECON 799 Selected Topics:
A topic not covered by an existing course will be offered as recommended by the department and approved by the Dean. 
Prerequisite: Permission of the department chairperson (Note: 1-6 credits). 

FINANCE CONCENTRATION AND ELECTIVES

FIN 700 Independent Study:
Arranged with a faculty sponsor and agreed upon by the department chair and the Dean. (Note: 1-6 credits). 

FIN 752 Investment Analysis:
This course provides an analysis of the Modern Portfolio Theory (MPT) and valuation of securities. It is offered at the CCOB E*TRADE Academic Center. It explores the risk and return characteristics of various financial investment instruments, such as stocks, fixed income securities, options and other derivatives. The student develops an understanding of pricing processes, valuation models, efficient markets, international capital markets and rational expectations. The student is also extensively exposed to global financial markets from the perspective of long-term investments. A simulation portfolio investment game is conducted in the class. The course extensively uses both global and domestic real time data available at the trading floor.
Prerequisite: FIN 607. 

FIN 753 Financial Planning and Capital Budgeting:
Examines the critical role of financial planning for a business enterprise and its relationships to the firm’s objective. This includes the development and interpretation of financial plans under certainty and uncertainty.  Special emphasis is given to the application of theories that address the acquisition and the allocation of financial resources. Prerequisites:  (1) MBA 605 and (2) FIN 607. 

FIN 754 Financial Intermediation:
Designed for students of financial management who need to understand how
the rapid development of non bank financial intermediaries, such as the saving and loan industry, life insurance, mutual funds, pension funds and finance companies have reshaped the flow of debt and equity funds in the United States money and capital markets.  The newer theories of financial growth alter existing principles of competition between financial institutions; these in turn affect portfolio decisions, marketing plans, pricing and the profitability of financial institutions. Prerequisite: FIN 607.

FIN 755 (SEE ECON 755) 

FIN 756 Case Studies in Corporate Finance:
This course will discuss various cases pertaining to corporate finance following the case study approach. Complex financial problems are explored in depth. Students are expected to analyze multi-faceted financial problems from the standpoint of the financial manager of a business enterprise, including domestic, global, and multinational firms. The students are primarily exposed to the concept of value creation which encompasses capital investment analysis including risk analysis; financing, including evaluating sources of capital, cost of capital; and, major strategic decision making, including mergers, acquisitions, and divestitures. Prerequisite: FIN 607. 

FIN 757 Investment Policy, Ethics, and Portfolio management:
The primary objective of this course is to discuss the process of portfolio management. It will cover the concept of Management of Individual Investor Portfolios, Management of Institutional Investor Portfolios, Professional Ethical Standards of Practice, Equity Portfolio Management Strategies, Debt Portfolio Management Strategies, Real Estate and Alternative Investments in Portfolio Management, Portfolio Risk management, and Portfolio Performance Measurement and presentation. Prerequisite: FIN 607. 

FIN 758 Derivative Securities and Trading Strategies:
This course covers introduction to derivatives and basic trading strategies. Attention is paid to two primary types of derivative securities, options and futures. With the data feeds and Financial Modeling tools in E-Trade Financial Learning Center, it examines the nature of various strategies involving futures and options on stocks, stock indexes, currencies and underlying futures. Both the standard binomial and Black-Scholes option pricing models are developed to value the options and futures. The feature of Embedded options in convertible bond and other exotic options is discussed. Prerequisite: FIN 607. 

Fin 760/ACCT 760 Financial Analysis and Decisions:
This course is an in-depth study of the information contained in the financial statements and the techniques to analyze corporate profitability and risk, and to make credit and investment decisions . Prerequisite: ACCT606 or ACCT212.

FIN 799 Selected Topics:
A topic not covered by an existing course will be offered as recommended by the department and approved by the Dean. 
Prerequisite: Permission of the department chairperson (Note: 1-6 credits). 

ELECTIVES: MANAGEMENT

MGT 613 Operations Management: 
This course explores operational factors that impact on competitive advantage, and introduces basic concepts, tools and principles that are essential for the analysis and
improvement of business processes. Key topics include product design and process selection, forecasting, total quality management, facility location and layout, managing the supply chain, etc. The topics discussed are equally relevant in the manufacturing and service sectors. The course utilizes computer software and the Internet to solve and explore models and problems. Prerequisites: (1) MGT 604 and MBA 605 . 

UPPER CORE COURSES

MGT 700 Independent Study:
Arranged with a faculty sponsor and agreed upon by the department chair and the Dean. (Note: 1-6 credits). 

MGT 704 Human Resource Management:
A comprehensive treatment of the primary components of human resource management.  Course content includes human resource planning, recruiting, selection, job analysis and evaluation, performance evaluation, total compensation, training and development, productivity improvement programs and personnel research.  The role of the human resource executive is examined within the constantly changing internal and external environment of the corporation.  The international differences in human resource management programs that arise from cultural differences are explored. Prerequisite: MGT 604. 

MGT 707 Organizational Change and Development:
Acquaints students with the most effective techniques for introducing organizational changes brought about by advanced technology, regulatory legislation or social pressure.  Factors essential to the implementation of internal changes are discussed, as well as the consequences of poor planning and execution.  Equal course time is devoted to the study of various corporate response strategies to outside attacks on products, services or activities, which sometimes result from shifts in social attitude or advances in scientific information. Prerequisite: MGT 604 . 

MGT 779 Seminar on the Problems in International Business:
Emphasizes the patterns of worldwide development and business relationships; economic, political, and social involvement; the role of government in economic planning; development and control of the private sector. An analysis of mixed public and private activity in specific industry sectors is also included.  Other topics covered include governmental regulations as to tariffs. The equity participation of foreign investors, exchange controls and the repatriation of profits. Prerequisite: MBA 610.

MGT 782 Operations Research:
This course introduces the basic concepts of Operations Research and Management Science as they apply to the analysis of management related decision problems. The focus of this course is on those methods of decision analysis which have proven most useful in a variety of public and private sector contexts. The course utilizes statistical, quantitative, economical and social elements in a diversified modeling approach, integrating elements of social welfare and real-world applications with relevant theory.  This is evident throughout consideration to such topics as deterministic and stochastic mathematical modeling, and decision analysis under both conditions of certainty and uncertainty. This is reflected in such specific topics as linear, nonlinear, stochastic and integer programming, sensitivity analysis, inventory theory, game theory, decision theory and queuing theory. Prerequisite: MBA 605.

MGT 799 Selected Topics:
A topic not covered by an existing course will be offered as recommended by the department and approved by the Dean. 
Prerequisite: Permission of the department chairperson (Note: 1-6 credits). 

ELECTIVES: MARKETING 

MKT 700 Independent Study:
Arranged with a faculty sponsor and agreed upon by the department chair and the Dean. (Note: 1-6 credits). 

MKT 780 Marketing Research and Analysis:
This course examines the role of and presents a methodological foundation for marketing research in the firm.  Topics covered include the role of research in managerial decision making, global and ethical dimensions, sources of secondary data, different research strategies and designs, data collection procedures, sampling issues, basic and more advanced data analysis techniques using a standard computer statistical analysis package, and the research report for market research.  Special emphasis is given to building the set of skills necessary for designing, interpreting and reporting market research. 
Prerequisites: (1) MKT 608 and (2) MBA 605. 

MKT 785 Business to Business Marketing:
This course emphasizes the marketing that is addressed to firms in the industrial market, that is, profit, nonprofit and government organizations, as distinct from the public consumer.  Included is a comprehensive overview of the marketing of industrial products with particular emphasis on industrial purchasing behavior, strategic planning, evaluations and control.  Specific relevant cases are employed for emphasis. Prerequisite: MKT 608 or BSCO 608.

MKT 788 Global Marketing:
The emergence of global organizations (companies that view the entire world as their market) is an important development in marketing.  This course provides a comprehensive overview of the marketing of products and services by global organizations, with an emphasis on international culture, the marketing mix, and marketing strategy.  Projects deal with the problems of and opportunities for specific products in specific countries and the world. Prerequisite: MKT 608 or BSCO 608.

MKT 790 Consumer Behavior:
The purpose of this course is to provide a foundation for issues related to consumer satisfaction. The major focus of the course is on consumers’ psychological processes.  In addition, social, cultural, and sub-cultural influences on behavior are considered.  Topics include the processing of marketing information, product knowledge, attitudes and persuasion, individual, family, and organizational decision making, group influences, and social marketing issues.  Ethical and global dimensions of consumer behavior issues related to consumer satisfaction are embedded within the course content. An emphasis is placed on the student (1) developing a coherent theory-based view of the consumer’s abilities and
shortcomings, and (2) being able to apply this knowledge to alternative marketing scenarios. Prerequisite: MKT 608. 

MKT 799 Selected Topics:
A topic not covered by an existing course will be offered as recommended by the department and approved by the Dean. 
Prerequisite: Permission of the department chairperson (Note: 1-6 credits).


 

 

 

 

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