Master of Business Administration in Executive Management

3.0 Semester Credits

This course examines how accounting information is used in managerial decision-making and control. The course stresses how to use rather than how to prepare accounting reports. Topics to be covered include: basic cost concepts, cost volume profit relationships, product costing, differential analysis, strategic product pricing, cost allocation, budgeting, and the evaluation of financial performance.  Concepts of Peter Drucker’s management as a liberal art will be brought out in the application of these topics to the practice of accounting and management.

3.0 Semester Credits

Metrics and analysis are hallmarks of outstanding management. Managers must understand the basics and application of descriptive and inferential statistics including basic descriptive statistics, statistical inference, hypothesis testing, correlation and regression, time series forecasting, inventory models, simulation, queuing, and decision under uncertainty. The importance of proper use of these metrics and analysis in the application of Drucker’s concepts of management as a liberal art will be explored. Students will also learn how to present data effectively using graphs and charts. The course will also address decision trees and expected value of information.

3.0 Semester Credits

This course will provide the student with an opportunity to learn about Drucker's ideas about the practice of innovation (the seven sources for innovative opportunity and his five principles of innovation), the practice of entrepreneurship (entrepreneurial management, the entrepreneurial business, entrepreneurship in service institutions, and the new venture), and entrepreneurial strategies.  In particular, Drucker’s holistic treatment of these areas which includes the liberal arts and other areas of the humanities will be articulated.   In doing so, this course discusses the basics for every manager who needs to organize successful technology and/or market-driven innovation in both entrepreneurial and established firms. The course will examine how entrepreneurs and managers can shape their firms so that they continuously build and commercialize valuable innovations.

3.0 Semester Credits

We live in an age of unprecedented opportunity. We all like to think that with ambition, drive, and talent, you can rise to the top of your chosen profession regardless of where you started out. But companies today are not managing their knowledge workers’ careers. Instead, you must be your own chief executive officer; you must become more deliberate in managing yourself and your career.  The foundation of this course will be Drucker’s classic article in the Harvard Business Review on Managing Oneself.  Using this article to build off of, the course will also look to tie in Drucker’s ideas regarding management as a liberal art into ideas of self-management and self-development.  Overall, we will consider how Peter Drucker explained how to manage your career successfully.

3.0 Semester Credits

This course will prepare students to face the ethical and leadership challenges that they are likely to experience as managers. Students will come to realize that ethical dilemmas are common aspects of the business decision-making process and that leadership plays a crucial role in achieving an acceptable result. As a result of taking this course, students should become more proficient in issue recognition, application of ethical principles, and analysis of the consistency of corporate decision-making processes with such principles. This class will also cover Drucker's models of ethics, duty, motivation and leadership, which are fundamental to sound leadership and ethics. Students will look to apply these concepts in ways that reflect Drucker’s notion of caring and compassionate management in keeping with management as a liberal art and the importance of service to others.

3.0 Semester Credits

This course introduces the student to the basic decision models of financial management and prepares them to take an active role in financial decision-making in their organization. It introduces the theory, the methods, and the concerns of corporate finance. The main topics include: 1) financial statements interpretation and analysis; 2) management of cash flow and working capital; 3) pro forma analysis; 4) the time value of money and capital budgeting techniques; 5) long-term financing instruments; 6) security market efficiency; and 7) value creation principles. Drucker’s concept of management as a liberal art and its connection with corporate mission, profits, social responsibility, and service to society will be explored. Prerequisite: ACC501

3.0 Semester Credits

Today's markets are becoming increasingly global, and it is imperative that managers and knowledge workers understand the theories, institutions, and environmental elements that underlie international commerce. This course will equip students with skills to manage international projects using a comprehensive framework to formulate strategies in the global marketplace. The link between the social responsibilities of international business firms and Drucker’s concept of management as a liberal art will also be discussed. The course covers globalization, economic development, entrepreneurship and innovation in a global economy, competitive advantage, competitive strategies, alternative modes of market entry, including import and export through intermediaries, contracts with suppliers and distributors, and foreign direct investment (FDI).

3.0 Semester Credits

In this class, students will learn about business and consumer information systems. We will cover MIS theory and practice as they relate to management and organizational theories. Students will learn about the use of IT in different functional areas of the firm. The role of the Internet in facilitating, augmenting, and providing competitive advantage for information systems.  This course will also explore the application of IT in gaining information and applying it to the right measures in accordance with Drucker’s concepts of management as a liberal art.

3.0 Semester Credits

This course deals with human behavior in organizations. It will employ a number of conceptual frameworks, case discussions, and skill-oriented activities and challenge students to apply these to our course topic. In part, these will include: motivation, learning and development, group dynamics, leadership, communication, power and influence, change, diversity, organizational design, and culture. The course will also explore Drucker’s concept of management as a liberal art and its connection with productivity, and how one analyzes and organizes knowledge work in this context.

3.0 Semester Credits

This course emphasizes the strategic management processes, tools, and strategic framework that managers and knowledge workers use to make decisions in today’s complex environment. The content of the course is practical and aims to provide an integrative learning experience. The connection between business ethics, social responsibility and sustainability, and Drucker’s concept of management as a liberal art will also be examined. The course covers the concepts of vision, mission, and determination of the basic long-term goals and objectives of a company, internal and external analysis, strategic tools and alternatives available to an organization, the adoption of a course of action, its implementation, and the allocation of resources for carrying out these objectives.

Prerequisite: A student must successfully complete thirty (30) units of CiAM coursework (which could include transfer courses) prior to enrolling in Strategic Management, MGT 511.

3.0 Semester Credits

Marketing is one of the most important, complex, and fascinating management disciplines, and is closely tied to other functions of the firm such as R&D, operations, and finance. Peter Drucker once said that marketing was too important to be left to marketers. This course provides students with an understanding of marketing fundamentals, the marketing environment, and marketing research. Drucker’s concept of management as a liberal art and its relationship with corporate social responsibility (CSR) and corporate marketing is focused upon. The course covers buying behavior, psychological processes that affect consumer behavior, market segmentation, brand positioning, product differentiation, marketing strategy, and value creation.

3.0 Semester Credits

Operations Management is the study and application of the work of making optimal decisions as to how to get things done by people, working together and with technology.  This course provides students with an understanding of global supply chain management, lean operations, and forecasting methods. The link between corporate social responsibility (CSR), productivity and competitiveness, and Drucker’s concept of management as a liberal art will also be highlighted. The course also covers process design, capacity planning, quality control, and continuous process improvement.  While all of these topics are addressed, most of the focus of this course will be on capacity planning, forecasting, inventory control (part of supply chain management) and continuous process improvement. Prerequisite: BUS501