(Students who have not completed undergraduate course work in business may be required to complete the foundation courses as part of their MBA studies. Please contact the Office of Graduate Admission for additional information.)
MBA 501 FOUNDATIONS OF ACCOUNTING AND FINANCE (3)
This course is designed to provide students with the necessary tools to make financial and other business decisions on the basis of critical evaluation and analysis of the accounting information presented in an organization’s financial statements. The course emphasizes a fundamental working knowledge of underlying accounting concepts, the valuation of debt and equity securities, and the analysis of risk and return trade-offs. Prerequisite: Admission to the MBA program.
MBA 502 ECONOMICS FOR MANAGERS (3)
This course focuses on an analysis of decision making in an individual and organizational
The course includes production possibilities, exchange theory, supply, demand, equilibrium, production, cost and pricing with an emphasis on marginal decision making. Some attention is given to macroeconomic data sources and the structure of the macro economy. Prerequisite: Admission to the MBA program.
MBA 503 MARKETING AND MANAGEMENT CONCEPTS (3)
A course introducing students to the management of an organization and how the organization achieves its strategic goals. In this course, the strategic goals are examined from the perspective of the management and marketing operations in a global business environment. Topics may include: the functions of management, team development, target market definition and analysis, buyer behavior, competitor analysis, the role of marketing research, strategic planning, and the use of information systems and the Internet for decision making. Prerequisite: Admission to the MBA program.
MBA 504 QUANTITATIVE AND STATISTICAL TOOLS (3)
A survey of quantitative and statistical business tools such as breakeven analysis, basic financial measures and forecasting. The course will also address fundamentals of descriptive and inferential statistics, the use of statistics in decision-making, and the assembly and interpretation of data. Emphasis is on using these methods rather than theoretical background. Prerequisite: Admission to the MBA program.
MBA 621 ACCOUNTING FOR MANAGERS (3)
This course is designed to provide guidance for managers regarding the integration of business strategy and accounting information. Examples include applying accounting principles to management compensation in a way that is consistent with company strategy, quantitatively assessing qualitative information through the Balanced Scorecard technique, and including information and objectives in budgets that encourage specific behavior that is congruent with the organization’s long term goals. These methods of communicating accounting information to increase coordination and cooperation within a company are addressed through a variety of readings, case studies, and class projects. Prerequisite: Completion of MBA 501 or equivalent.
MBA 622 ECONOMICS OF THE FIRM (3)
This course centers on the application of microeconomic concepts to managerial issues. The course includes tools such as equilibrium analysis, elasticity, optimization, production theory, opportunity cost, cost theory, and pricing. Problems, cases, and analysis will be stressed. Prerequisite: Six credits of undergraduate economics or MBA 502 or equivalent.
MBA 623 BUSINESS RESEARCH METHODS AND APPLICATIONS (3)
Business success results in part from proper control of resources and performance, which is driven by information gathering and assessment. Students will learn methods for planning, data analysis, and communications of results in applied business research. Students will utilize these skills in a team research project on a regional organization or issue. Prerequisite: MBA 504 or equivalent.
MBA 625 LEGAL ISSUES FOR MANAGERS (3)
A topics course intended to acquaint students with important legal issues facing the business community. Topics such as the following will be considered: corporate governance, business structures, torts, tort reform, operation of the legal system, role of inside and outside counsel, securities regulation, employment law, consumer debt/bankruptcy, and government regulation. Prerequisite: Admission to the MBA program or permission of the instructor.
MBA 631 CORPORATE FINANCE (3)
This course examines the major decisions facing corporate financial managers. These include risk and return trade-offs, capital budgeting, corporate financing, capital structure, new equity issues, options, debt financing, risk management, mergers and corporate governance. Prerequisite: MBA 501 or equivalent.
MBA 632 INVESTMENTS AND FINANCIAL MARKETS (3)
This course presents the financial theory and quantitative analytical tools necessary for making investment decisions and for understanding how stock, bond, and option prices are determined. Topics covered include the term structure of interest rates, portfolio choice, mean-variance analysis, models of risk and return, market efficiency, the capital asset pricing model, arbitrage pricing theory, the Fama-French three-factor model, bond pricing, mortgage-backed securities, swaps, futures, options, and money-manager performance. Prerequisite: MBA 501 or equivalent.
MBA 641 ELECTRONIC COMMERCE (3)
This course is designed to provide an orientation to the field of electronic commerce. Course topics include marketing issues such as the electronic marketing value chain, attracting customers and satisfying their needs and wants through interactive marketing. Technical topics include the Internet and web technologies, e-commerce system design, cryptography and Internet security, payment systems, and secure transaction processing. The course focuses on business requirements for electronic commerce and examines fundamental design issues for both business-to-business and business-to-consumer applications and their implications for the information industry. Prerequisite: MBA 503 or equivalent.
MBA 642 CUSTOMERS AND COMPETITIVE ADVANTAGE (3)
This course introduces the student to the concepts of creating customer value and satisfaction; positioning for competitive advantage; consumer markets, business markets and buyer behavior; marketing research and information systems; and the role of marketing in the strategic planning process. An understanding of the theoretical and applied aspects of marketing knowledge sharpens a student’s analytical skills for critical thinking and enables him/her to communicate effectively. Prerequisite: MBA 503 or equivalent.
MBA 651 GLOBAL ORGANIZATION AND MANAGEMENT (3)
This course is a study of the influence of culture, economics, industry, regulation, and strategy on the management and structure of the international firm. Major topics such as technology control, outsourcing, and strategic alliances will be addressed by comparative evaluation of international organizations. Prerequisite: MBA 503 or the equivalent.
MBA 652 ORGANIZATIONAL BEHAVIOR (3)
Individual and group behavior in the organization setting is investigated in this course. The principles of organizational behavior are studied with a focus on application. Topics covered will include but are not limited to: motivation, teamwork and group behavior, employee participation, job enrichment, job design, communications, diversity, decision making, change, and conflict resolution. Prerequisite: none.
MBA 653 STAKEHOLDER MANAGEMENT AND ETHICS (3)
The stakeholder management model posits that organizations can simultaneously pursue corporate social responsibility and financial success. Topics include the impact of the Foreign Corrupt Practices Act and the Federal Sentencing Guidelines for Organizations on company ethics programs, legitimacy, stakeholder relations, public policy issues, and ethical decision-making models. The course will utilize a case-study approach. Prerequisite: MBA 503 or equivalent.
MBA 661 CORPORATE STRATEGY AND LEADERSHIP (3)
This capstone course requires students to integrate and apply previous MBA courses to executive decision-making and leadership. Themes such as the leader-manager dichotomy, charismatic and transformational leadership, groupthink, and the cult of personality will be explored from potential links with leadership style and organizational performance. Students will apply the strategic management process and entrepreneurial approaches for business financing in preparing a business plan and presenting this plan to external reviewers. Prerequisite: MBA 651 and completion of at least 27 hours of MBA core courses.
Office of Graduate Admission
701 College Road
Lebanon, IL 62254
800-BEARCAT ext. 6576