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Core Courses
Throughout the core courses, you’ll explore how globalization, entrepreneurship
and technology are changing business practice, as well as build critical management
skills in leadership, teamwork, integrative analysis, and oral and written communication.
Recognizing that today’s business students need flexibility, students have various
options for accelerating Smith’s 21-month MBA program should they choose.
Core Course Descriptions
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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