Core Courses

FALL SEMESTER (14 credits)

SPRING SEMESTER (12-16 credits)

Full Semester
BUSM 600 - Leadership and Teamwork (2)
BUSM 606 - Data Models and Decisions (2)
BUSM 610 - Financial Management (2)

Term A
BUSM 602 - Introduction to Financial Accounting (2)
BUSM 604 - Managerial Economics and Public Policy (2)

Term B
BUSM 612 - Marketing Management (2)
BUSM 614 - Strategic Management (2)

Term C
BUSM 621 - Strategic and Transformational IT (2)
BUSM 624 - Operations Management (2)
Elective (2)
Elective (2)

Term D
BUSM 616 - Managerial Accounting (2)
Elective (2)
Elective (2)
Elective (2)

*BUSM 626: The Global Economic Environment is taken in the second year of the MBA program.
*Smith Experience courses are typically taken in the second year of the MBA program.

Core Course Descriptions

BUSM 600 Leadership and Teamwork (2 credits)

Examine concepts of team-building and leadership which are critical to managerial success. Topics include: leadership, decision making, communication and conflict, work motivation, building effective teams, and organizational change and culture.

BUSM 602 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.

BUSM 604 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.

BUSM 606 Data Models and Decisions (2 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.

BUSM 610 Financial Management (2 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.

BUSM 612 Marketing Management (2 credits)

This course is 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.

BUSM 614 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.

BUSM 616 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.

BUSM 621 Strategic and Transformational IT (2 credits)

Introduces students to the key issues in managing information technology (IT) and provides an overview of how major IT applications in today's firms support strategic, operational, and tactical decisions. Topics include: synchronizing IT and business strategy; the transformational impacts of IT; evaluating and coping with new technologies; governing, managing, and organizing the IT function including outsourcing/off-shoring considerations; assessing the business value of IT and justifying IT projects; and managing IT applications in functional areas to support strategy and business process.

BUSM 624 Operations Management (2 Credits)

Operations management is concerned with efficient and effective design and operation of business processes for delivering products and/or services. Emphasis is given to process analysis and design, capacity management and bottlenecks, waiting lines and the impact of uncertainty in process performance, quality management, lean, six-sigma, and revenue management. .

BUSM 626 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.