157x Filetype XLS File size 0.06 MB Source: mba.smeal.psu.edu
MBA Core Course Descriptions Subject to Change The MBA Program reserves the right to offer courses based on faculty availability to teach Course Name/# Course Title Brief Description This course is an introduction to the mathematical methods and tools ofmanagerial decision making under uncertainty. While themain topics of thecourse are probability, statistics, decision analysis, simulationand game theory, whichare mathematical by nature, emphasis is placed on improving an intuitiveunderstanding of the underlying issues in these topics. Rather than BA 512 Risk and Decision simplymemorizing mathematical formulas, the student is encouraged to gain abetter understanding of why certain statistical concepts are used, and tolearn what type of information is relevant to evaluate different situations ofuncertainty. BA 533 Economics for To develop the abilities of students to apply fundamental economic concepts to a wide range of private Managers decision making and public policy issues. The primary focus of this course is upon the formulation of strategy. We will discuss and examine the fundamental principles and tools involved in successful strategy making in the realm of business. Implicitly or explicitly, every firm must define the scope of its business operations (i.e., corporate-level strategy), and within the chosen scope, how the firm will compete against rivals (i.e., business-level strategy). The course takes the perspective of the general manager or top management team of an organization and aims to extend your existing background and awareness of the problems involved in managing an organization by providing readings, analytical tools, (individual and team) case analyses and in-class discussions of strategic management issues. More specifically, the following objectives guide this course: BA 571 Strategic 1) Familiarize you with, and develop the student’s ability to apply the principal Management concepts, frameworks, and techniques underlying the formulation of successful strategies. 2) Successful completion of this course will enhance your ability to generate and assess available corporate- and business-level strategic options under conditions of imperfect knowledge; and, formulate an appropriate strategy. 3) Provide the opportunity to extend and refine your communication skills. Great ideas are rarely adopted unless they are expressed with clarity, precision and persuasiveness. Marketing is the study of customers. Its goals are to identify customer needs and create value for customers by providing appropriate solutions for such needs, in a mutually beneficial manner. Marketing This course introduces you to the theories, tools and practices of core components in marketing BA 800 Management management, and how to synthesize them into a coherent and effective marketing strategy to address real life challenges in different situations (case studies). file:///home/jmnet/public_html/static/files5/zips/13596_core_course_descriptions_19_20.xls, 07/07/2022 1 of 6 Course Name/# Course Title Brief Description BA 801 is a course concerned with understanding and managing the behavior of people in organizations (including yourself). I have designed it under the assumption that you will soon become a professional manager–as most of you will. By the time we are finished, you will have exposure to many of the concepts and skills that will help you become a more effective manager and organizational leader. BA 801 includes tools that help you diagnose, understand, and develop solutions to management and organizational problems. We will draw upon both the academic and practitioner literature to understand many facets of organizations and of the thoughts, feelings, and BA 801 Management actions of people who work in them. We will focus onBig Ideas that will help you in: 1) developing your conceptual understanding of issues involved in managing people; 2) providing opportunities for direct or vicarious learning of managerial skills that have been identifiedby practicing managers as being most important to their performance; 3) giving you insight into your own attitudes, beliefs, and management philosophy; 4) creating a forum for discussing management and organizational issues with your colleagues. This course is designed to provide participants with a greater understanding of teamprocesses and performanceas well as other current issues that affect interpersonal dynamicsin the workplace. The course will be largelybased on experiential learningwherein participants will learn by engaging in and BA 802 Team Process & reflecting upon discussions, active learning, and group simulations/activities. This learning follows Performance careful reading of each week’s topics, which serve as a conceptual foundation for the in-class and after-class group experiences. file:///home/jmnet/public_html/static/files5/zips/13596_core_course_descriptions_19_20.xls, 07/07/2022 2 of 6 Course Name/# Course Title Brief Description As soon-to-be business leaders—employees, managers, executives, or directors—you will shoulder important professional responsibilities toward a wide range of stakeholder groups. This class will prepare you to create and maintain responsible business conduct in your work group and organization, and enhance your ability to deal with the complexities of ethical decision making in today’s dynamic global business environment. Starting at the individual level, you will learn how to think about your own ethical conduct in a business organization. Moving to the organizational level, you will learn how to manage organizational culture and the conduct of the people who will work for you. Moving beyond the organization to its environment, you will learn how to think about organizations and the extent to which the firm is embedded in a network of relationships with multiple stakeholders in an increasingly transparent world. Finally, we will conclude the course with a team project designed to help you bring together and apply BA 804 Ethical Leadership course concepts to a personally relevant situation, and to practice doing what is right when it really counts. Learning will take place through active engagement in readings and discussion, as well as short lectures, case studies, class activities, and invited guest speakers. You will practice individual and group decision making on difficult managerial issues that involve value conflicts, and you will consider your own potential approaches to difficult situations that you will encounter as future business leaders. I hope you will take these opportunities to reflect on the kind of leader you are and hope to be—to think about your personal values and aspirations and how you can bring those to your future leadership role. This course is designed to spur questions. In the course of studying the context of negotiation we will question preparation, motivation, and process. We will even question the questions that we ask. The course is about critical thinking. Negotiation is the context.We will focus onunderstandingthe theory and practice of negotiation in a variety of settings. A basic premise of the course is that while a manager BA 805 Negotiation Theory & needs analytical skills to discover optimal solutions to problems, a broad array of negotiation skills and Skills an understanding of psychological factorsare needed in order for these solutions to be accepted and implemented. The course will allow students to develop these skills experientially and to understand negotiation in useful analytical frameworks. Considerable emphasis will be placed on simulations and cases. file:///home/jmnet/public_html/static/files5/zips/13596_core_course_descriptions_19_20.xls, 07/07/2022 3 of 6 Course Name/# Course Title Brief Description Managing the supply chain operations of a business provides the context for this course; coordinating demand and supply provides the perspective. In that spirit, the primary goal for this course is to master principles and concepts that explain how the right products and resources are at the right place at the right time so as to maximize profit within a supply chain. The “products” could be either goods, services, or both; and the “resources” could be materials, people, information, money, or any combination of the four. This course provides in-depth coverage and analysis of models and decisions involved in designing and managing productive supply chain operations. Put simply, “productive” means both effective – i.e., doing the right things – and efficient – i.e., doing things right. In most industries, some firms are growing and prospering while others are shrinking or failing. Many differences can separate the winners from the losers, but the way supply chains are managed is one of them. Indeed, it BA 810 Supply Chain Options is rare to find a successful company that is not managing its supply chain to provide a high-quality good or service at a profitable margin. And very frequently, struggling companies can trace their problems to faltering supply chain operations. Thus, effective supply chain management is a key ingredient of success. In this course, we will begin by applying the principles of process analysis to study the economic implications of bottlenecks. We then will proceed by focusing on the efficient planning and controlling of scarce resources. And, time permitting, we will conclude by investigating the value of information and coordination. This introductory financial reporting course is part of the core curriculum and assumes no prior academic knowledge of accounting.The purpose of this courseis to introduce you to the concepts underlying the financia lreporting by business entities and the analysis of the financial statements. At the end of the course you should be able to evaluate the performance, risks, and prospects of a business.A basic knowledge of how transactions are recorded and financial statements prepared is important for the analysis and use of the financial statements. This knowledge will be acquired before BA 811 Financial Accounting the beginning of the course through a self-study package offered by Harvard Publishing.The course’s emphasis, however, will be on the use of accounting information in the evaluation of the business performance, credit worthiness and risk. We will review the three major financial statements–the balance sheet, the income statement and the statement of cash flows and discuss selected items on these statements as well as more advanced topics such as consolidations ,leases and deferred taxes. file:///home/jmnet/public_html/static/files5/zips/13596_core_course_descriptions_19_20.xls, 07/07/2022 4 of 6
no reviews yet
Please Login to review.