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Core Courses

First Sequence Core Curriculum

(Courses are listed in recommended-not required-order. See also Degree Requirements)

Principles of Financial Accounting (ACC 501)

Introduces the basic concepts and methods used in financial statements. Emphasizes analysis of financial reports and applications of accounting concepts to issues such as long-term assets, inventory sales, receivables, securities, corporate ownership, and international operations. ACC 501 is a prerequisite for ACC 551, FIN 551 and STRATEGY 601.

Applied Microeconomics (BE 501)

Applies micro-economic analysis to business decision-making and public policy evaluation. Topics include the theory of the firm, consumer theory, the functioning of markets, international trade, and market power, cartels, and price-setting behavior. Applications cover uncertainty, pricing strategies, vertical integration, government intervention, and intertemporal resource allocation and risk management.

Applied Business Statistics (OMS 501)

Examines the statistical tools for business. Topics include statistical quality control and quality management, correlation and regression analysis for interpretation of multivariate datasets, quantitative forecasting methods, and an emphasis on business applications through computer-based projects. OMS 501 is a prerequisite for FIN 551 and OMS 551.

Marketing Management (MKT 501)

Provides an overview of the total marketing system, emphasizing product, distribution, promotion and pricing decisions as well as the development of integrated marketing programs. Examines the forces influencing marketing decisions and presents a framework for analyzing these situational forces and identifying key problems and opportunities.

Human Behavior and Organization (MO 501)

Focuses on current behavioral and organizational theory and techniques. Also provides fundamentals to be applied in other required courses and basics for advanced courses in personnel administration and industrial relations.

Information Systems (BIT 551)

An introduction to information systems for managers. Topics discussed include the kinds of information systems that support individual, workgroup and corporate goals, with an emphasis not only on the hardware/software but managerial concerns with the design and implementation of information technology.

Second Sequence Core Curriculum

Management Accounting (ACC 551)

Develops managerial decision-making analysis through the case method. Topics include the use of accounting in making alternative-choice decisions, the development and use of product cost information, and the use of accounting information for managerial planning and control.

Operations Management (OMS 551)

Case method applied to decision-making in manufacturing and service organizations, where decisions involve the design, planning, scheduling, and control of productive systems. The three segments of the course include management of production systems, quantitative techniques for analyzing systems, and application problems.

Financial Management (FIN 551)

Provides a general introduction to corporate finance, commercial banking and investments. Establishes a foundation for study in advanced finance courses. Topics include the functioning of capital markets, the Federal Reserve system, security valuation, portfolio management, capital budgeting, capital structure, dividend policy, working capital management, leasing and mergers.

Corporate Strategy (STRATEGY 601)

Focuses on the job, viewpoint, and skills of the general manager in analyzing complex business situations and developing realistic solutions to strategic and organizational problems. Building upon previous MBA core coursework, it integrates various functional and technical areas to provide a "total business" perspective.

Prior to Graduation

World Economy (STRATEGY 503)

Explores the theories and concepts that are crucial to understanding the global location and structure of industries, the politics of trade and investment, and the impact of globalization on firm strategy. Required for students admitted Fall 2005 and later.

Communication Requirement

To help develop writing skills, which are key to managerial success, all entering students are encouraged to take the Communication Waiver Exam. Students will have multiple opportunities to take this Waiver Exam after their admittance to the MBA program. If a student does not take or successfully complete the Communication Waiver Exam, he/she will be required to successfully complete an approved Managerial Writing course (LHC 520, LHC 521, LHC 522, LHC 524 or LHC 560).

Law/Ethics Requirement

Legal and ethical concerns play an important role in business and managerial decision-making and leadership. MBA students (admitted Fall 2005 and later) must fullfill the Law/Ethics requirement by completing one approved Law/Ethics course during their student career. The approved courses are:  BA 512, LHC 504, LHC 506, LHC 507, LHC 508, LHC 509, LHC 511, LHC 512, LHC 513, LHC 514, LHC 515, LHC 516, LHC 517 or LHC 582.