Curriculum Outline
Year One
| Fall | |
|---|---|
| Spring |
Year Two
| Fall | |
|---|---|
| Spring |
Additional Coursework
| CURRICULUM* YEAR 1 |
FALL SEMESTER
Financial Accounting
Objective: To develop a sophisticated and coherent approach to
the use of financial accounting information.
Course Description: This course provides an examination of the
strengths and weaknesses of the information produced in financial reports,
the pressures faced by management and auditors as they prepare financial
statements, the set of information available to business decision makers
beyond the information presented in audited financial statements, the
difficulties involved in evaluating decisions after outcomes are known,
and the impact of accounting information on strategic decisions.
Managerial Statistics
Objective: To develop an understanding of data and decision analysis
to help managers make better decisions in the presence of uncertainty.
Course Description: This course focuses on regression and its
application to business problems. Topics include basic probability concepts,
sampling distributions, simple and multiple linear regression models,
forecasting models and decision trees. Extensive use is made of real-world
data sets to illustrate the application of the techniques discussed
in the course.
Strategic Management
Objective: To develop an understanding of data and decision analysis
to help managers make better decisions in the presence of uncertainty.
Course Description: This course focuses on regression and its
application to business problems. Topics include basic probability concepts,
sampling distributions, simple and multiple linear regression models,
forecasting models and decision trees. Extensive use is made of real-world
data sets to illustrate the application of the techniques discussed
in the course.
SPRING SEMESTER
Managerial Economics
Objective: To develop economic reasoning to analyze the choices
of firms within the context of a changing international economy.
Course Description: This course provides an understanding of
the microeconomic and macro-economic forces, both domestic and international,
that influence management decisions and corporate performance. Topics
include interest rates and relationships between markets, economic policy,
inflation and unemployment, profit maximization under varying market
conditions, market failures and externalities, and game-theoretic analysis
of corporate decision making.
Managing People and Organizations
Objective: To increase current capabilities in analyzing and
redesigning organizations and in leading and managing people through
change.
Course Description: This course provides an analysis of organizational
deficiencies and alternative and evolving organizational designs; individual,
group and organizational decision making; and processes for motivating
and persuading individuals and groups to change.
Financial Management
Objective: To examine the role of financial management in creating
value and to present the analytic framework used in the study of finance.
Course Description: This course provides a study of the basic
concepts of valuation theory and efficient markets, specifically the
markets valuations of the different combinations of risk and expected
return created by management decisions; capital budgeting, cost of capital,
capital structure, and dividend policy; agency theory, issues of corporate
control and governance; the workings of the debt and equity markets;
and the options perspective of debt and equity.
| CURRICULUM* YEAR 2 |
FALL SEMESTER
Marketing Management
Objective: To build an understanding of the key elements of marketing and distribution.
Course Description: This course provides an examination of the marketing function and how it relates to value creation, strategic corporate management and marketing decisions; the major phenomena underlying marketing strategy formation and the component divisions of product planning, communications and channels of distribution, both theory and cases to develop a managerial perspective of marketing; and the link between marketing strategy and financial value.
Managerial Accounting and Financial Statement Analysis
Objective: To develop understanding of both the internal accounting data used by management to make business decisions and the external accounting data used by creditors, investors and analysts to make lending and investment decisions.
Course Description: This course surveys the strategic uses of the most important elements of internal accounting systems including cost accounting systems and management control systems used for planning and budgeting. The course also surveys the use of publicly-available financial accounting information to evaluate past performance, forecast future performance, and estimate that value of debt and equity securities.
Operations Management
Objective: To provide a process-oriented understanding of operations.
Course Description: This course provides an examination of processes that transform inputs into finished goods and services, process improvement, total quality management, product and process development, supply chain management, and the relation of operations strategy to product and service design and to business strategy.
SPRING SEMESTER
Art and Science of Negotiation
Objective: To help students develop negotiation skills experientially and to understand negotiation in useful analytical frameworks. Considerable emphasis is placed on realistic negotiation exercises and role playing. The exercises serve as catalysts for the evaluation and discussion of different types of negotiation situations. In-class discussions and lectures supplement the exercises.
Course Description: This course focuses on the art and science of securing an agreement between two or more interdependent parties who are seeking to maximize their outcomes. this course focuses on research and theory that help us understand the behavior of individuals, groups, and organizations in the context of competitive situations. A broad variety of realistic contexts and problems will be addressed.
Global Management
Objective: To develop an appreciation for and better understanding
of the management challenges inherent in global firms.
Course Description: This course is designed to sensitize and
challenge students to better address competition in a global context.
this would include the shifting competitive environment, the emergence
of new global competitors from China, India and Russia, developing strategies
to enter/exit a particular arena, and balancing the need for local responsiveness
and global efficiency.
Legal and Ethical Environment of Business
Objective: To provide an understanding of significant legal and ethical standards that affect the management decision making process.
Course Description: This course provides a study of selected internal legal rules governing business, including the transactional (e.g., contractual relationships), property interests (such as intellectual property rights) and regulatory (ranging from tort law to employment constraints). The course focuses on analysis of cases and the application of these legal standards with associated ethical questions.
| ADDITIONAL COURSEWORK |
In addition to the formal courses, participants will complete six elective hours chosen from the following:
- Three or six hours of special study courses on topics selected by the participant.
- Three or six hours of graduate course work in the McCombs School of Business.
- Professional Report: This project gives the student the opportunity to conduct an in-depth study of a complex business problem. The final report will be bound and placed in the library, and the student will receive six credit hours.
- The Washington Campus elective, comprising a seminar in June in Washington, DC and followed by an Special Study course in which the student will produce a deliverable based on the material and experience garnered at the DC seminar. For more information on the Washington Campus Program, please visit http://www.washcampus.edu/courses/open-enrollment.php. This counts as three of six hours of special study courses (see item 1, above).
