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Master of Business AdministrationCOURSE DESCRIPTIONS

MBA: Undergraduate Prerequisite Course Descriptions

GMGM 201
Principles of Management
3 Credits

Prerequisite: Conditional Acceptance into a graduate program

This course investigates the way that managers get things done in an organization relying on the dynamic processes of strategic planning, business development, budgeting, and operations to move their organizations forward and achieve results. The concepts and skills needed to manage effectively under constantly changing conditions are identified. The course will review a manager’s skill at influencing the direction and functioning of an organization and will develop students’ appreciation of these management activities and their links to employee performance. Active involvement through lectures, discussion, videos, case studies, and group exercises is required of each student.

GACC 201
Financial Accounting
3 Credits

Prerequisite: Conditional Acceptance into a graduate program

This course enables students to develop a basic understanding of fundamental accounting concepts and practices. The course focuses on basic accounting concepts and techniques needed to interpret and use financial information in managing and analyzing business operations.

GECO 205
Survey of Economics
3 Credits

Prerequisite: Conditional Acceptance into a graduate program

This course emphasizes fundamentals in understanding both micro and macroeconomics. This survey course provides students with a general overview of the fundamental concepts and theories related to economics. Students will learn a balanced perspective on microeconomics and macroeconomics. The course explores and analyzes the role of households, firms and government, especially our own, in relation to economic theory. Students will learn to apply theoretical concepts from an economic viewpoint against issues and challenges of today relating to economic principles and elements of business decision making from an economic viewpoint.

GMAT 305
Statistics
3 Credits

Prerequisite: Conditional Acceptance into a graduate program

To provide a basic knowledge of statistics methodology: concerned with data collection, analysis and interpretation. This course introduces fundamental concepts of statistical measures and distributions and regression-correlation analysis.

MBA: Graduate Core Course Descriptions

MBA 501
Strategic Leadership and Management
3 Credits

Prerequisite: Acceptance into the MBA or MHRM program or permission of the college

Strategic Leadership and Management is the first or second course MBA students take in the NECB MBA program and the first course students take in the MS-HRM program. Drawing mainly from the fields of Psychology, Business, and Management, this course is designed to expose students to foundational theories, conceptual frameworks, methodologies, and business strategies they will use throughout their studies. Based on the premise that leadership and management skills can be learned, students will examine various theoretical constructs as a means of becoming more aware of their own leadership styles, and apply strategic business models to improve leadership and management skills in others. Students will identify and apply strategic models to analyze business problems, formulate strategic solutions, and make sound decisions.

MBA 502
Applied Quantitative Methods for Business
3 Credits

Prerequisite: Acceptance into the MBA or MSF program or permission of the college

This is the first or second course which MBA and MSF students take in the graduate program. It provides an applied approach to the use of quantitative models in managerial decision analysis. The course focuses on data collection, testing, analysis, and presentation of research findings. Upon completion of the course, students should be able to utilize statistical data in decision making, apply regression analysis techniques, demonstrate the ability to perform hypothesis testing, and build statistical models using Excel spreadsheets. A mid-level working knowledge of Microsoft Excel is necessary to successfully complete the course.

MBA 505
Managerial Finance
3 Credits

Prerequisites: MBA 501: Strategic Leadership and Management; MBA502: Applied Quantitative Methods for Business

This is the first or second course which MSF students take, and one of the 12 core courses that MBA students take, as part of their respective graduate programs. This course deals with managing business funds and planning their use to accomplish organizational objectives. The primary objective of this course is to introduce the fundamental skills required to manage the financial aspects of a business as well as create and maintain organizational value. The main topics include: time value of money; financial statement analysis; valuation concepts; Weighted Average Cost of Capital (WACC); capital budgeting techniques; uncertainty and trade-off between risk and return; and the Security Market Line (SML). A basic working knowledge of a financial calculator and/or Microsoft Excel is necessary to successfully complete the course.

HRM 501
Strategic Human Resources Management
3 Credits

Prerequisites: MBA 501: Strategic Leadership and Management; MBA502: Applied Quantitative Methods for Business

This course compares where human resource management (HRM) is now and where it needs to be in the future based upon needed strategic competencies. The focus of the course is to address ways in which HRM can partner with the organization to meet business objectives.

MBA 515
Technology & Analytics for Managers: A Strategic Approach
3 Credits

Prerequisites: MBA 501: Strategic Leadership and Management; MBA502: Applied Quantitative Methods for Business

This course explores the role of information technology in business with an emphasis on the development and management of information systems that support strategic, tactical, and operational needs of organizations. The course examines the impact of various information technologies on managerial decision-making and the various approaches to implementing technology solutions to effectively align IT with the rest of the business.

MBA 520
Strategic Marketing Management
3 Credits

Prerequisites: MBA 501: Strategic Leadership and Management; MBA502: Applied Quantitative Methods for Business

This course explores the role that marketing management plays in the overall strategy of an organization. Students will learn to analyze market data to design effective, long-range marketing strategies, evaluate alternatives and create an implementation plan to guide a business through a dynamic, competitive business environment. Topics include segmentation, positioning, and marketing mix issues as a part of strategic marketing planning. The course also discusses analytics, agile marketing, and other contemporary trends in strategic marketing.

MBA 525
Managerial Economics
3 Credits

Prerequisites: MBA 501: Strategic Leadership and Management; MBA502: Applied Quantitative Methods for Business

This course introduces the fundamental concepts of economic principles behind supply and demand, opportunity costs and market price and applies them to decisions made by businesses. The course focuses on three key topics. They include production and cost theory, market structure and pricing, and game theory and conducts microeconomic analysis, which deals with models of economic behavior of the consumer and the firm, and provides a basic understanding of firm and industry behavior that serves as a basis for business decision making.

MBA 530
Legal Issues in Business
3 Credits

Prerequisites: MBA 501: Strategic Leadership and Management; MBA502: Applied Quantitative Methods for Business

Business activities must adhere to a set of rules that govern its operation. The rules can come from constitutional, statutory, administrative, or case law. This course will explore example of these rules, how laws and regulations affect business, and areas that have emerged to cause legal issues in the business environment.

MBA 535
Operations and Supply Chain Management
3 Credits

Prerequisites: MBA 501: Strategic Leadership and Management; MBA502: Applied Quantitative Methods for Business

This course is a survey of the strategic concepts and quantitative tools used in operations and supply chain management. The objective of the course is to provide the student with insights into the issues, models, and methods used throughout operations management to improve the competitive advantage of the organization. Topics include total quality management, process improvement, project management, supply chain management & logistics, and specific quantitative tools including forecasting, decision theory, queueing/waiting lines, reliability and statistical process control.

MBA 541
International Business and Global Strategy
3 Credits

Prerequisites: MBA 501: Strategic Leadership and Management; MBA502: Applied Quantitative Methods for Business

This course examines the inner workings of International Business from a strategic point of view. It includes the various challenges of operating in a global environment, including cultural, economic, operational, and legal aspects. It also reviews the concepts of global expansion, political complications, legal compliance, and ethical behavior. Students will explore the internal process of global business expansion, and apply strategic paradigms to analyze, develop, and provide a comprehensive course of action.

MBA 545
Capstone: Strategic Planning & Decision Making
3 Credits

Prerequisite: Completion of 10 MBA core courses or permission of college.

The goal of this course is to have the MBA students demonstrate a broad mastery of the knowledge and skills gained throughout the program. The class is a combination of a traditional class and a workshop. The workshop aspect includes participation in a simulation in which teams of students craft an overall strategy and select tactics to build a successful, focused organization. With each simulation, participants work in teams, competing against each other or the computer, as they guide their companies through 6 years of competition in an evolving market. Students analyze performance data from the year before and make strategic decision designed to move their company towards success which requires them to look at an important issue through a management, marketing, financial and global lens. The workshop closes with a shareholder debrief presentation and peer review. The class closes with a reflection paper.

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