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Core Classes
Core Course
Descriptions
Smith courses in core business areas
like finance, marketing, and management
are enhanced with selectives in
Globalization, Entrepreneurship and
Technology (GET). To customize your
program, you can pick the core selective
courses that best meet your unique
interests and career goals in the GET
curriculum.
BUSI 605 Culture, Ethics &
Communication (2 credits)
Opens up the floor
for student discussion and dramatization
of vital topics in today’s business
world. The daily news surrounds us with
tales of scandal, global pressures on
traditional prerogatives’, and visions
of environmental doom and gloom. In the
midst of all this, business leaders must
make choices that balance stakeholder
desires and concerns. These issues will
be brought to life through projects,
guest speakers and student-created
dramatic performances.
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BUSI 610 Introduction to Financial
Accounting; (2 credits)
Overview of financial accounting, periodic
financial statements and the financial reporting
process. Importance of financial statements
as information source for creditors and
investors and as a means by which managers
can communicate information about their
firms.
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BUSI 611 Managerial Accounting; (2
credits)
Use of accounting
data in corporate planning and control.
Cost-volume- profit analysis, budgeting,
pricing decisions and cost data, transfer
pricing, activity-based management, performance
measures, and standard costing.
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BUSI 630 Data Models and Decisions; (3
credits)
To
develop probabilistic and statistical concepts,
methods and models through examples motivated
by real-life data from business and to stress
the role that statistics plays in the managerial
decision making process.
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BUSI 634: Operations
Management (2 Credits)
Examines
the strategic role that the operations
function can play, and offers tools and
techniques that the firm can use for
strategy execution. We cover concepts of
operations management applied to both
manufacturing and services, which can be
divided into two broad areas. The first
area relates to productivity
improvement: process flowcharting,
analysis of process flows and
bottlenecks, impact of variability on
processes (queuing), quality management,
six-sigma, and lean operations. The
second area relates to choosing optimal
capacity, given costs - inventory
management and revenue management.
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BUSI 640 Financial Management; (3
credits)
Analysis of
major corporate financial decisions using
a market-oriented framework. Topics include
capital budgeting, security portfolio theory,
operation and efficiency of financial markets,
options pricing, financing decisions, capital
structure, payout policy and international
finance.
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BUSI 650 Marketing Management; (2
credits)
An overview
of decisions marketing managers make to
create and maintain enduring customer-based
equity. These decisions involve identifying
marketing opportunities, selecting customer
targets, effectively positioning products
and services, and implementing competitive
marketing support programs. Students will
learn marketing decision-making models and
how to apply them.
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BUSI
664 Leadership & Managing Human Capital; (3
credits)
Examines concepts of leadership and
human resource management principles.
Emphasizes skill building and creating a
competitive advantage by creating a
culture that develops extraordinary
leaders and unleashes employee talent.
Topics include leadership, decision
making, communication and conflict, work
motivation, teams, ensuring legal
compliance and leveraging diversity,
recruiting, selecting and retaining
qualified employees who fit the job and
the organization, measuring performance
and providing feedback, and managing
changes in leadership and HR strategy.
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BUSI 681 Managerial Economics and Public
Policy; (2 credits)
Basic microeconomic principles used
by firms, including supply and demand, elasticities,
costs, productivity, pricing, market structure
and competitive implications of alternative
market structures. Market failures and government
intervention. Public policy processes affecting
business operations.
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BUSI 683 The Global Economic
Environment; (2 credits)
Relationship between national and international
economic environments. Determinants of output,
interest rates, prices and exchange rates.
Analysis of effect of economic policies
(fiscal, monetary, trade, tax) on the firm
and the economy.
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BUSI 690 Strategic Management; (2
credits)
Integrative
strategic management focusing on strategy
formulation and implementation in domestic
and global settings. Industry and competitor
analysis, industry and firm value chain,
leadership, goal setting, organizational
structure and culture. Case study approach
to top management and organizational problems.
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BUSI6##: Integration and Teams (2
credits)
Develop the skills and
perspectives necessary for thinking and
working integratively by developing an
understanding of how different
functional areas work together and the
skills that are critical for working in
and leading cross-functional teams.
BUSI6##: Integrative Business Plan
Competition (2 credits)
Integrates
functional knowledge of business
processes by guiding your design of a
complete business plan for the Smith MBA
business plan competition. Topics
include idea-getting, innovation,
opportunity evaluation, organizing for
success, financing, and growth
strategies.
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Global Selectives
BUSI 672: Global Supply Chain Management
(2 credits)
Offers a practical blueprint
for understanding, building,
implementing, and sustaining supply
chains in today’s rapidly changing
global supply chain environment. It will
provide the student with a survey of the
fast-moving Supply Chain Management
discipline and practice, including the
evolution of supply chain strategies,
business models and technologies;
current best practices in demand and
supply management; and methodologies for
conducting supply chain-wide diagnostic
assessments and formulating process
improvement plans.
BUSI 673: International Economics
for Managers (2 credits)
Focus on understanding critical
aspects of the global business
environment that influence firm
decisions and behavior. Globalization is
present in market competition, capital
markets, and managerial talent as
evidenced by free trade areas and
economic unions forming, the volatility
in global financial markets, and the
continued rise of transnational firms.
With globalization, the challenge for
firms is to acknowledge, understand and
act when appropriate - to act by
sourcing, lobbying, and relocating value
chain activities internationally.
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Entrepreneurship
Selectives
BUSI 660: Entrepreneurship & New
Ventures (2 Credits)
Provides an introduction
to important tools and skills necessary
to create and grow a successful new
venture. The course integrates research
findings from a range of different
practical and intellectual perspectives,
including psychology, sociology,
economics, strategic management, and
history into practical, hands on lessons
for an entrepreneur. Class projects
provide the foundations for new, real
businesses.
BUSI 661: Creativity for Business
Leaders and Entrepreneurs (2 Credits)
Examines the concept of
creativity as it applies in today's and
tomorrow's complex business environment.
The course gives an overview of the
cognitive foundations of creativity,
examines many of the preconceived
notions about creativity in business and
discusses multiple ways in which
creativity can help business leaders and
entrepreneurs to succeed. Topics include
creativity techniques for groups and
individuals, creativity as a foundation
to recognize business opportunities and
develop innovative products and
services, selecting ideas and making
them stick, mental and organizational
obstacles to creativity as well as an
overview of electronic tools to increase
creative capability.
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Technology Selectives
BUSI 621 (2 credits)
Includes case studies to illustrate
managerial decisions about technology as
well as lectures that help frame the
issues. There will be extensive class
discussion; assignments include two
short case write-ups, a group project on
industry transformation, and a term
paper defined by the student. There are
no exams. The course does not assume any
particular student background. It is
focused on management issues and is
suitable for the student with no IT
experience as well as for students with
technical backgrounds who want to
understand how to manage IT in the firm.
BUSI 622 (2 credits)
Examines the question of how to
manage digital businesses and markets.
As businesses become increasingly buying
and selling digital goods, participating
in digital markets, and relying on
digital information to manage their
operations, they often face new
challenges. In this course, we will
examine some of the characteristics of
digital businesses and markets that make
them unique and understand how companies
can best manage them.
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