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Ross' core course curriculum was designed by our
faculty to help students develop a foundation for efficient and effective
leadership and decision making; giving students tools they will use throughout
their careers. These courses, offered in the first two terms of the program,
establish a basic understanding of the functional responsibilities of an
organization. Descriptions for each of the core courses follow.
WRITTEN
MANAGERIAL
COMMUNICATIONS (LHC 594, 1.5
CREDITS)
Written Managerial Communication stresses fundamental theories and strategies
needed for effective written communication in diverse management situations. The
course perspective is that of a manager in a multi-national organization; the
course focus is on the impact of written messages on receivers both internal and
external to the organization; the course context is communication in the global
marketplace, bearing in mind that although English is used extensively in doing
business in the world, communication is always influenced by culture. During
this course, students write and speak a variety of
management messages and learn to evaluate these messages using holistic and
analytic tools. At its conclusion, students will have the ability to make
strategic communication choices, write under time constraints, and increase
their English language skills. In addition, students will understand the
differences in various message channels and how to maximize effectiveness by
considering the impact of oral, written, and electronic communication choices.
COMMUNICATION MANAGEMENT (LHC 595, 1.5
CREDITS)
This course provides decision-making frameworks and tools that managers can use
to increase the efficiency and effectiveness of their workplace communications.
These frameworks and tools cover linguistic and rhetorical alternatives for
structuring and delivering content to achieve management goals as well as
methods for information management, media selection, and targeting.
constituencies.
PRINCIPLES
OF FINANCIAL ACCOUNTING
(ACC 591, 2.25
CREDITS)
This course introduces the basic concepts and methods used in corporate
financial statements for the information of investors and other interested
external parties. The course also emphasizes analysis of cases and actual
financial reports and concerns the applications of the basic concepts and
methods of financial accounting to issues such as long-term assets, inventory,
sales, receivables, debt securities, corporate ownership, international
operations, and analysis of financial statements.
APPLIED
MICROECONOMICS
(BE 591, 2.25
CREDITS)
This course provides students with the foundations of microeconomic analysis. It
is designed to develop in students an ability to apply the analysis to business
decision-making and public policy evaluation. In this course, students also
apply microeconomic analysis to more advanced aspects of business
decision-making and public policy evaluation.
MARKETING MANAGEMENT (MKT 591, 2.25
CREDITS)
Marketing management is concerned with understanding customers and
competitors—both existing and potential—as basis for developing, pricing,
promoting, and distributing goods and services that satisfy customer and
organizational objectives. The course is primarily case-oriented, but also
relies on lectures, readings, and a simulation exercise to provide an
appropriate mix of theory and hands-on problem-solving that is intended to offer
a variety of perspectives on marketing management issues.
CORPORATE
STRATEGY (STRATEGY 591, 2.25
CREDITS)
This course deals with the economic and political forces challenging business in
today’s global environment. The focus is on theories and concepts that are
crucial to understanding the global location of industries and firms, the
politics of global business, and the determinants of exchange rates and other
sources of risk in an often volatile world economy.
PRINCIPLES
OF FINANCIAL MANAGEMENT
(FIN 591, 2.25
CREDITS)
This course is the introductory course in Financial Management in the MBA
program. The purpose of this course is to equip you with the basic tools and
techniques necessary to be a successful financial manager or a general manager
with a good understanding of the basic principles of finance. The first half of
the course focuses on valuation techniques, the relation between risk and return
and the workings of U.S. capital markets. The second half of the course covers
the major areas of the financing decisions of firms and international finance.
MANAGEMENT ACCOUNTING
(ACC 593, 2.25
CREDITS)
This course deals with decision-making in organizations, where the decisions
involve the generation, analysis, or use of financial information. The major
topics in this course 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. Throughout the
course, a managerial viewpoint is stressed. Cases are used.
HUMAN
BEHAVIOR AND
ORGANIZATION
(MO 593, 2.25
CREDITS)
This course focuses on three primary areas: 1) current behavioral and
organizational theory and techniques; 2) fundamentals that will be applied in
other core courses; and 3) basics for advanced course in personnel
administration. The course covers multiple roles of the manager, the personnel
function, and the constraints on personnel decisions.
OPERATIONS
MANAGEMENT
(OMS 593, 2.25
CREDITS)
This course focuses on managerial tools for understanding both the physical and
information processes that are required for developing and manufacturing
products and delivering them to the customers, and prepares managers to use the
results of analysis to constantly improve the firm’s operational performance.
The objectives of this course are to: 1) provide students with taxonomy of
process types to examine the various ways in which production systems can be
categorized and understood; 2) emphasize the importance of tying the process
design closely with the product design; 3) develop the student-problem solving
skills with respect to the ongoing management of operations; and 4) provide a
framework and tools for improving operations.
APPLIED
BUSINESS
STATISTICS
(OMS 595, 2.25
CREDITS)
This course covers descriptive statistics and graphical description of data;
probability; sampling distributions; confidence intervals and sample size
determination for estimating population means and proportions; fundamentals of
hypothesis testing; one and two sample tests for population means and
proportions; correlation; simple and multiple regression; forecasting with
regression; and statistical process control.
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The Wall Street Journal/Harris
Interactive Guide to Business Schools:
The September 2006, Wall Street Journal/Harris Interactive Survey, ranked Michigan's Ross School of
Business the number 1 business school in the nation.
This year Ross regained the first place ranking also held in 2004 after ranking number 2 in 2005.
U.S.
News and World Report, America's Best Graduate Schools:
"The Top Schools", April, 2005 (ranked by business school
deans and MBA program directors) Ross School of Business ranked in
the top ten of seven categories.
U.S.
News and World Report
, America's Best Colleges 2006,
Ross ranked number 11 in the Overall Best Graduate Schools for Business category.
In BusinessWeek's
October 2006 ranking, Ross ranked number 5 overall and received top marks in marketing,
finance, and general management. Ross is one of only four schools that ranked in the top 8 since
BusinessWeek started evaluating MBA programs in 1988.
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