MBA 501 Modules - Decision-Making Concepts and Tools
MBA 501A Statistics Module 1 credit
This course module is intended to develop the statistical concepts and techniques that are needed to make business decisions. Topics to be covered include detailed coverage of descriptive statistics, probability theory (including Bayes’ Theorem), and discrete and continuous probability distributions with an emphasis on business applications. A survey of modern statistical methods covering sampling distributions, interval estimation, hypothesis testing, and regression and correlation analysis will be discussed.
MBA 501B Management Science Module 1 credit
An introduction to the quantitative approaches used in today's businesses to solve decision problems. Topics will include overviews of linear programming, spreadsheet modeling, project scheduling, waiting line systems, and simulation.
MBA 501C Information Management Module 1 credit
An introduction to computers and how they can be applied to the operations and management of business firms. Topics include data processing concepts, overview of computer hardware and software, modern data and information processing systems, and applications of computers in business.
MBA 502 Modules - Accounting Analysis and Business Law
MBA 502A Financial Accounting Module 1 credit
An introduction to the basic principles and techniques of financial accounting. Emphasizes the accounting process and the interpretation and use of basic financial statements.
MBA 502B Managerial Accounting Module 1 credit
Students study ways to use, analyze and interpret accounting data in planning and controlling organizational activities. Selected techniques required for analysis and managerial decision-making are introduced. (Prerequisite: MBA 502A)
MBA 502C Business Law Module 1 credit
Students explore fundamental legal concepts related to business, including a basic knowledge of domestic and global legal environments; legal forms of business organization; essential concepts of tort, contract and property law; specific federal regulatory agencies controlling Environmental Protection, Anti-Trust and Consumer Protection; and aspects of employment law.
MBA 503 Modules - Economics and Finance
MBA 503A Microeconomics Module 1 credit
Intended to provide a foundation in microeconomics for MBA students, this is an intensive course that stresses functioning of the market system. It introduces students to applications of microeconomics in business decisions.
MBA 503B Macroeconomics Module 1 credit
Intended to provide a foundation in macroeconomics for MBA students, this is an intensive course that introduces the student to macroeconomic theory and applications as they pertain to the business decisions. Topics include measurement of GDP, inflation, monetary and fiscal policy, fluctuations, and growth.
MBA 503C Finance Module 1 credit
Intended to provide a foundation in finance for MBA students, this is an intensive course that introduces students to financial decision making process and to the tools and techniques of financial analysis.
MBA 504 Modules - Management and Marketing
MBA 504A Management Module 1 credit
This module will examine major functions of management from an applied perspective. Emphasis will also be placed on understanding organizational structure and processes. Extensive use will be made of class discussion and case analysis. Modules will also address skills managers must develop in working with others.
MBA 504B Marketing Module 1 credit
The MBA module in marketing is designed to introduce students to the basic techniques of analyzing customers and formulating integrated product development, pricing, distribution, and communication programs.
MBA 504C Operations Management Module 1 credit
A functional review of how to manage the activities involved in the process of converting or transforming resources into products or services. Topics include an overview of strategic decisions, forecasting, basic inventory models, aggregate planning and master scheduling, materials requirements planning, and scheduling operations.
Cornerstone Healthcare Management Course
MGT 501 Responsibility, Sustainability & Justice 3 credits
This course revolves around one of the most significant and controversial concepts of the 21st century. Sustainable development (SD) involves ethical, environmental and economic issues. The course will analyze and reflect on the relationship between SD, business and all affected stakeholders through case studies, reading, discussions, and guest lecturers.
Core Healthcare Management Courses
ACC 502 Accounting for Management 3 credits
The student develops a deeper understanding of accounting as the “language of business” and the ways in which it can be employed to help managers perform within their organizations. Emphasis is placed on ways to use, analyze, and interpret accounting data in planning and controlling organizational activities. Selected techniques required for analysis and managerial decision making are introduced. (Prerequisites: MBA 502A & B)
OM 503 Operations Management 3 credits
This course is designed to emphasize the strategic importance of operations management to the overall performance of the enterprise. Topics include product and process planning and design, forecasting, facility location and layout, production staffing, job design and work measurement, capacity planning, aggregate planning, inventory management, requirements planning, operations scheduling, just-in-time, and quality assurance. (Prerequisites: MBA 501A & B and MBA 504C)
MIS 504 Management Information Systems 3 credits
The course is designed to educate students about the importance of information systems in managing for-profit as well as not-for-profit organizations such as manufacturing, banking and healthcare. The course emphasizes the role of information systems to increase productivity, to improve the quality of products and services, and to insure overall effectiveness of organizational operations. The course introduces the student to information and communication technologies; information system evaluation and development processes; information technology applications for problem solving and management decision making; and use of information technologies to transaction processes and customer service. Appropriate application software will be used to get hands-on experience, to analyze cases, and to complete the class project. The student is expected to have basic knowledge of computing skills. (Prerequisite: MBA 501 C)
MGT 505 Organizational Behavior 3 credits
A primary goal of an organization is the improved performance of individuals and work groups within the organization. Organizational behavior investigates and explains concepts and theories that can inform current management practices dealing with job performance (Prerequisite: MBA 504A)
MKT 506 Marketing Management 3 credits
This course is an analysis of the conceptual and tactical mechanisms of marketing management with an emphasis on how today's firms and institutions mobilize their resources to achieve market penetration, sales volume, and satisfactory profits. Topics covered include marketing planning with control and implementation of strategies as major aspects of decision making. Students will also explore market opportunities and formulation of marketing policies (marketing mix) exemplified through case studies. (Prerequisite: MBA 504B)
ECO 507 Managerial Economics 3 credits
An intensive study of the problems of value and costs, including demand theory, empirical demand analysis, production theory, cost theory, linear programming applications in resource allocation and cost analysis, empirical cost analysis, market structure and pricing theory, pricing practice and the role of government in the private economy. (Prerequisites: MBA 503A & B)
FIN 508 Financial Management 3 credits
This course explores the principles of policy formation in the modern corporation; the institutions, instruments and customary procedures that influence the determination of corporate policy; and the reasons for choices in seeking solutions to specific financial problems. A case approach will be utilized to cover problems of working capital management, capital budgeting, and capital structure. Computerized approaches to financial problems will be emphasized. (Prerequisite: MBA 503C)
Advanced Healthcare Management Courses
HAD 510 Hospital Administration 3 credits
Students study operating and administrative issues and problems in health and hospital systems with emphasis given to hospital operation, organization, and administration. The future role of acute care is examined in the context of integrated delivery models and systems.
HAD 517 Global Health Management 3 credits
This course provides an introduction to international healthcare services and systems and a foundation for understanding, comparing, and analyzing select healthcare services and systems. Cultural, historical, geographic, environmental, economic and political factors that influence health are studied with a specific focus on determinants of health and illness, health status indicators, health policy, how healthcare services and systems are organized, structured, financed, and delivered.
HAD 521 Healthcare Financial Management II 3 credits
Students study com¬plex problems and case studies with a focus on healthcare providers. This course develops skills in analysis, synthesis and evaluation of advanced financial management theories, principles, concepts and techniques. Topics include quantitative analysis in financial management; premium rate setting; cost and utilization rates; advanced managerial accounting concepts; variance analysis; HMO rate setting; private and public healthcare reimbursement systems under managed care; financial aspects of integration; managing resources. (Prerequisite: HAD 501 or equivalent--pending approval)
Capstone Healthcare Management Course
MGT 509 Business Policy 3 credits
This course introduces the student to methodologies for examining strategic policy issues of organizations, primarily business organizations. In providing the student with opportunities to devise policy solutions, the course draws on all of the functional areas in the MBA curriculum. The course provides a capstone experience in which students will develop, present and defend their own policy solutions for a real company. (Prerequisites: MGT 501 and 24 credits of extending courses)