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Master of Business Administration Course Descriptions

The following course descriptions are from the Clarke University Academic Catalog.

BUMG 500 PRINCIPLES OF ACCOUNTING/FINANCE/MARKETING     3 hours
Designed as a foundational course, this course provides an understanding of principles of accounting, marketing and finance. Accounting practices, marketing and financial data are examined and applied to the business environment. Ordinarily, this course is taken in the first semester of the MBA program.

BUMG 501 ORGANIZATIONAL MANAGEMENT   3 hours
This course addresses the management of organizations from the perspective of structure, process and behavior. Topics include the design of organizations for goal achievement, the design of jobs, individual and group motivation, team building, leadership, communication, decision making, and organizational change and development.

BUMG 505 OPERATIONS MANAGEMENT   3 hours
This course focuses on the tools used in the efficient management of operations in a production or service organization. Topics include reliability theory, quality control, inventory management, queuing theory, simulation, project management and job shop scheduling. Prerequisite: Statistics.

BUMG 509 MANAGERIAL ACCOUNTING   3 hours
This course addresses the use of accounting information in decision making. Students focus on cost management and managerial accounting concepts. Topics include product costing, relevant costs for decision analysis, cost systems, and budgeting and control. Emphasis is on the interpretation and use of accounting information rather than its creation and accumulation. Prerequisite: Principles of Accounting or equivalent.

BUMG 512 MARKETING MANAGEMENT   3 hours
This course examines the formation of marketing strategy from a managerial perspective using the case study methodology. Topics include determining target market needs and wants, product planning, channel development, promotion strategy, price setting, research and current trends. Prerequisite: Principles of Marketing or equivalent.

BUMG 515 MANAGERIAL FINANCE   3 hours
This course addresses the financial dimensions of decision making. The emphasis is on planning, financial analysis, capital structure, capital budgeting and working capital management. Prerequisite: Principles of Accounting, Finance I and Economics or equivalent.

BUMG 519 ECONOMIC ENVIRONMENT IN BUSINESS   3 hours
Economic analysis is utilized in examining the economic environment of the business firm. Topics include the significance of markets, the informational content of prices, economic perspectives on competition, international trade, central banks and monetary policy, and government regulation of business. Prerequisite: Microeconomics or equivalent.

BUMG 525 PROFESSIONAL ETHICS   3 hours
This course examines the ethical dimensions of formulating and implementing corporate policies and strategic plans. It utilizes ethical analysis and case studies to identify important ethical issues to be considered in making responsible corporate decisions. Topics may include privacy, employee job security, product reliability, occupational health and safety, conflict of interest, and the community and political impacts.

BUMG 529 MANAGING INFORMATION AND TECHNOLOGY   3 hours
This course introduces techniques of quantitative modeling and statistical analysis. Advanced Excel spreadsheet management will strengthen management decision making in the global business environment. Topics include decision analysis, statistics, regression and linear programming

BUMG 559 MANAGEMENT IN THE GLOBAL ENTERPRISE   3 hours
This course focuses on problem-solving and practical-management with emphasis on international business issues. The course will address challenges facing companies of varying sizes of international development. Topics may include globalization of markets, barriers to trade and investment, country risk assessment, cultural, legal, political, and tax issues.

BUMG 561 TOPICS IN PROJECT MANAGEMENT   3 hours
This course addresses the managerial discipline of project management. It involves planning, directing and controlling a cross-functional team to create a unique product or service. Topics include the selection of the project manager, work breakdown structure, setting objectives, PERT, CPM, and Gant charting, controlling, motivation, reporting procedures, and project termination. Prerequisite: Operations Management.

BUMG 571 TOPICS IN MANAGING HUMAN RESOURCES   3 hours
This course provides an in-depth analysis of human resource management and employment relations in organizations. The course is taught using a systems approach. This approach looks at the many interdependencies from an organization’s internal and external environment acting on employment relations and human resource decision making. Topics include strategic planning, staffing, performance management, compensation and benefits, training and development, outsourcing, retention and turnover, and selected public policy issues pertaining to employment.

BUMG 573 TOPICS IN BUSINESS MANAGEMENT   3 hours
This course addresses current issues in management focusing on selected topics which may include managing in a changing technological environment, restructuring for the digital economy, corporate creativity, quality control, or intellectual capital growth.

BUMG 578 TOPICS IN FINANCE   3 hours
This course addresses the role of the chief financial officer and the finance function in the firm. Relevant topics and current issues regarding the financial management of the firm will be covered. Prerequisite: Managerial Finance.

BUMG 585 STRATEGIC MANAGEMENT   3 hours
This capstone course focuses on strategic planning and the firm in the global environment. It combines the necessities of the future with an organization’s desires and capabilities. Topics include the strategic management process, competitive analysis, evaluating company resources and competitive capabilities, matching strategies to company’s situation and implementing strategies. After completing this course students will be equipped to analyze and understand the challenges of organizational management.

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