The University of North Carolina at Pembroke464 Graduate StudiesBusiness Administration (M.B.A.) MASTER OF BUSINESS ADMINISTRATION (M.B.A.) Director: Howard G. Ling e Master of Business Administration (MBA) is a professional degree program designed to ac- celerate entrepreneurial career development by preparing graduates to form their own businesses or to take a leadership role in new corporate ventures. e program is open to all students regardless of their undergraduate major. e expected results and outcomes of the MBA program are to: • Provide graduates with an opportunity for advanced studies in entrepreneurial business management; • Prepare graduates to attain entrepreneurial leadership positions in for-prot and non-prot organizations or to establish their own entrepreneurial business; • Provideacomprehensiveknowledge ofthefunctional areasof business, suchas accounting, nance,management,economics,andmarketing,whichareusedasthebasisforanintegrated business endeavor; • Provideanunderstandingofthebalancerequiredtobeasuccessfulleaderamongthesometimes- conictingbusinesselements,suchasethical,political,societal,andtechnical; • Provideanunderstandingoftheeconomy,especiallyasitaectsthebusinessenvironmentof North Carolina; • Enhancethegraduates’competencyinoralandwrittencommunicationbecauseoftheirimpact on leadership success. e program emphasizes case analysis for written and presentation skill evaluation and development; • Improve thegraduates’competencyin the eective useofBusiness InformationTechnology (BIT); • Developgraduateswhocanfunctioneectivelyasmembersofvirtualandparticipativeteams; • Improvegraduates’competenciestointegrateandsynthesizethevariousbusinessareasandto develop cross-functional approaches to organizational issues. PROGRAM-SPECIFIC ADMISSIONS STANDARDS (see also Graduate Admissions) Studentsareexpectedtodemonstratecompetenceincalculus,communicationskills,andcom- puterrelatedskills.Studentswhohavenotcompletedatleastthreesemesterhoursofcalculus(MAT 2150orequivalent)inapriorundergraduateorgraduateprogrammustcompleteatleastthreesemes- terhoursofcalculusaspartoftheMBAdegreerequirement. In addition, all students will have to show evidence of either completion of undergraduate “Common Body of Knowledge (CBK)” courses in business or completion of Foundation courses as prerequisitestotheformalMBAcourses.SincetheFoundationcoursesareata500level,theyare considered graduate level courses. Students taking the foundation courses must complete them suc- cessfullyasdenedintheGraduateStudiessectiononMASTER’SDEGREEREQUIREMENTS. COMMON BODY OF KNOWLEDGE OR FOUNDATION REQUIREMENTS: CBK OR FOUNDATION PrinciplesofAccounting,6hours or ACC 5010 Foundations of Accounting,3hours PrinciplesofFinance,3hours or FIN5010FoundationsofFinance, 3hours PrinciplesofMarketing,3hours PrinciplesofManagement,3hours or MGT5010FoundationsofMarketing andManagement,3hours PrinciplesofEconomics,6hours or ECN5030Foundationsof Economics,3hours QuantitativeMethods,6hours or DSC 5050 Foundations of Business Statistics,3hours Calculus,atleast3hours or DSC 5010 Foundations of Analytical Methods,4hours 465 Graduate Studies Business Administration (M.B.A.) Master of Business Administration Requirements for the Master of Business Administration Sem. Hrs. Professional Entrepreneurial Competence and Integrative Applications (all are required) DSC5100QuantitativeMethods ECN5150ManagerialEconomics FIN5200ManagerialFinance MGT5250Organizationaleory&Behavior MGT5300HumanResourcesManagement MKT5400MarketingPlanningandStrategy ACC 5500 Managerial Accounting MGT5750StrategicPlanning 24 Professional Enhancement Courses (choose four*) DSC5120ResearchMethods MGT5270LeadershipandChange MKT5450ServicesMarketing ACC5520TaxImplicationsofBusinessDecisions BLAW5280LegalIssuesforManagers MGT5290Entrepreneurship ITM5370ManagementInformationSystems FIN5210InvestmentAnalysis MGT5350OperationsManagement FIN5250EntrepreneurialFinance BLAW5320LawforEntrepreneurs MGT5700EntrepreneurialStrategy MGT5210SupplyChainManagement ACCS/BLWS/DSCS/ECNS/FINS/ITMS/MGTS/MKTS5xxx SpecialTopics 12 Total: 36 *Inadditionto thecourseslistedasProfessionalEnhancementcourses,studentsmaychoose coursesfromanothergraduateprogramassubstitutestofullltheirrequired4electivecourses(Re- quirespermissionfrombothMBAdirectorandotherprogramdirector). COURSES ACCOUNTING (ACC) ACC 5010. Foundations of Financial and Managerial Accounting is course is an accelerated course designed for students with no accounting background or as a re- freshercourseforstudentswhodesiretoreviewaccountingbeforeenrollinginrequiredMBAcourses. A study of the basic concepts of accounting with an emphasis on the evaluation of transactions and thepreparationandanalysisofnancialstatementsincludingtheiruseinthemanagementplanning andcontrolprocess.(iscoursewillnotcounttowardthe36hoursrequiredfortheMBAdegree.) ACC 5500. Managerial Accounting ecourseintroducesthestudenttomanagement’suseofaccountingdatainthedecision-making process.Topicscoveredinclude:EstimatingCostBehaviorusingbothLinearRegressionandMultiple RegressionAnalysis;Short-termPlanningwithConstraintsonResources;InformationforProduc- tionandControlAnalysis;CapitalBudgetingand;SegmentandManagerialPerformanceEvaluation. PREREQ:DSC5100orpermissionofinstructor. ACC 5520. Tax Implications of Business Decisions ecourseintroducesthestudenttoFederaltaxplanningstrategiesforbusiness.Includesanoverview oftheFederaltaxsystem,sourcesoftaxlaw,guidelinesfororganizingandnancingabusiness,tax incentivesforcapitalinvestments,andothertaxplanningtopics. The University of North Carolina at Pembroke466 Graduate StudiesBusiness Administration (M.B.A.) ACC 5990. Directed Studies Independentstudyinanareaofbusinessadministrationofparticularinteresttoastudentunderthe direction of one or more faculty members. Students must submit detailed proposals for a directed study,detailingtheproposedplanofstudy,researchinvolved,datesfordeliverables,nalproductto beproducedandfacultywhowillbesupervising.Proposalswillbereviewedbyafacultycommittee to determine acceptance of the proposal. ACCS 5xxx. Special Topics estudyofaparticulartopicofspecialimportance,relevance,andcurrencytostudentsintheMas- ter of Business Administration program. e content of the special topics course varies with each oeringandmaybetakentwice. BUSINESS LAW (BLAW) BLAW 5280. Legal Issues for Managers e goal of this course is to help graduate students develop a deeper appreciation and understanding of the legal mechanics of various types of business transactions and of the commercial law environ- ment within which those transactions are negotiated and executed. e course is designed to enhance thestudent’sanalytical,communication,andnegotiationskillswhiledevelopingknowledgeofseveral areas of law that play an integral part in management decisions. BLAW 5320. Law for Entrepreneurs is course will help students develop a deeper appreciation and understanding of the legal issues facedinestablishing,operatingandmaximizingabusiness.ecourseisdesignedtoenhancethe student’sanalyticalandcommunicationskillswhiledevelopingknowledgeofthelegaldecisionsmade by entrepreneurs. BLWS 5xxx. Special Topics estudyofaparticulartopicofspecialimportance,relevance,andcurrencytostudentsintheMas- ter of Business Administration program. e content of the special topics course varies with each oeringandmaybetakentwice. DECISION SCIENCES (DSC) DSC 5010. Foundations of Analytical Methods iscourseequipsprospectiveMBAstudentswiththemeansandmethodsofquantitativereasoning throughaconciseandappliedprocess,whichincludesintroductiontotheconceptsofmathematical economics,mathematicalnance,andbusinessmathematics.ecoursewillcoveressentialsofalge- bra with business and economic applications and essentials of calculus with business and economic applications.Uponcompletingthecoursestudentswillbeabletoapplymathematicalthinkingand quantitativereasoningtosolveproblemsinMBA-levelaccounting,economics,nance,marketing, andmanagementclasses.eapplicationsofconceptsinclude,butarenotlimitedto,Pricingand Inventory Control; Payrolls and Banking;Taxes; Simple Interest;CompoundInterest; Annuities; SinkingFundsandAmortization; Accounting;ProductivityandCosts,ConstrainedOptimization (consumerandproducertheories);MarketEquilibrium;andElasticitiesofDemandandSupply. DSC 5050. Foundations of Business Statistics is course is an accelerated course designed for students with no statistics background or as a re- freshercourseforstudentswhodesiretoreviewstatisticalmethodsbeforeenrollinginrequiredMBA courses.Intensiveexaminationofstatisticalandgraphicalmethodsofanalyzingquantitativeinfor- mation.Specictopics includefrequency distribution,probability,sampling,T-tests,correlation, variousgraphicforms,regressionanalysis,andanalysisofvariance.(iscoursewillnotcounttoward the36hoursrequiredfortheMBAdegree.) DSC 5100. Quantitative Methods Intermediate level quantitative skills in multivariate statistics, optimization, and decision-making 467 Graduate Studies Business Administration (M.B.A.) Master of Business Administration whichwillbeusedinsubsequentMBAcourses.Topicswillincludemultipleregression,multivariate ANOVA,logisticregression,factoranalysis,andlinearprogramming.Computersoftwarewillbe used. DSC 5120. Research Methods iscoursedetailsthemethodsemployedindeningbusinessproblems,researchdesign,primary andsecondarydatasources,methodsofdatacollection,scalingmethods,samplingtechniques,and reportpreparation.roughcaseanalyses,literaturereviewsandresearchprojects,thisapplications- oriented course focuses on improving decision making. DSC 5550. Time Series Analysis Areviewof statisticalmethods foranalysisofbusinesstime-series data.Useof thesemethodsfor forecastingwillalsobediscussed.emethodssurveyedincludesmoothingmethods,lters,ARIMA models,vectorautoregressivemodels,andcointegrationmodels.PREREQ:DSC5100orpermission of instructor. DSC 5990. Directed Studies Independentstudyinanareaofbusinessadministrationofparticularinteresttoastudentunderthe direction of one or more faculty members. Students must submit detailed proposals for a directed study,detailingtheproposedplanofstudy,researchinvolved,datesfordeliverables,nalproductto beproducedandfacultywhowillbesupervising.Proposalswillbereviewedbyafacultycommittee to determine acceptance of the proposal. DSCS 5xxx. Special Topics estudyofaparticulartopicofspecialimportance,relevance,andcurrencytostudentsintheMas- ter of Business Administration program. e content of the special topics course varies with each oeringandmaybetakentwice. ECONOMICS (ECN) ECN 5030. Foundations of Microeconomics/Macroeconomics is course is an accelerated course designed for students with no economics background or as a refreshercourseforstudentswhodesiretorevieweconomicprinciplesbeforeenrollinginrequired MBA courses. A study of the individual decisions in the market economy and an overall view of the operationoftheeconomy.Specictopicsincludetheoriesofconsumerbehavior,behaviorofrmsin variousdegreesofcompetition,andgovernmentregulation.Fiscal,monetary,andsupply-sidepoli- ciesarediscussed.(iscoursewillnotcounttowardthe36hoursrequiredfortheMBAdegree.) ECN 5150. Managerial Economics AnoverviewofmethodsofeconomicanalysisappliedtothemodernUnitedStateseconomy.Empha- sisonmicroeconomicsandmanagerialeconomicssuchastheoryofconsumerchoiceanddemand, theoryofcost,outputs,andindustrialstructure,analysisofecientuseofresourceswithinanorga- nization.Also,macroeconomicanalysesincludingareviewofmonetaryinstitutions,andtheoryof GNP,ination,andtherateofunemployment. ECN 5990. Directed Studies Independentstudyinanareaofbusinessadministrationofparticularinteresttoastudentunderthe direction of one or more faculty members. Students must submit detailed proposals for a directed study,detailingtheproposedplanofstudy,researchinvolved,datesfordeliverables,nalproductto beproducedandfacultywhowillbesupervising.Proposalswillbereviewedbyafacultycommittee to determine acceptance of the proposal. ECNS 5xxx. Special Topics estudyofaparticulartopicofspecialimportance,relevance,andcurrencytostudentsintheMas- ter of Business Administration program. e content of the special topics course varies with each oeringandmaybetakentwice. The University of North Carolina at Pembroke468 Graduate StudiesBusiness Administration (M.B.A.) FINANCE (FIN) FIN 5010. Foundations of Finance iscoursewillprovideasurveyorreviewofbasicBusinessFinanceprinciples,includingTimeValue ofMoney,FinancialStatementAnalysis,BasicStockandBondmarketsandvaluation,riskandreturn relationshipsandinterestrates,andcapitalbudgeting.Emphasiswillalsobeonusingtechnologyto assistinnancialanalysis:Internetresearch,spreadsheetmodeling,andtheuseofnancialcalcula- tors.(iscoursewillnotcounttowardthe36hoursrequiredfortheMBAdegree.) FIN 5200. Managerial Finance Coursecoverstime-valueofmoney,capitalbudgetingandstructure,andothernancerelateddeci- sionsforcorporations.Inaddition,thecourseisintendedtogivethestudentanappreciationforthe roleofnancewithintherm,andtheimpactofnancialdecisionsonsocietyatlarge.Includes basic microeconomic principles and accounting principles and practical applications within the busi- ness world. FIN 5210. Investment Analysis iscourseisanextensionofManagerialFinance(FIN5200),coveringtrade-osbetweenriskand return,andthebenetsofdiversicationwithinaportfolio.eprinciplesofduration,immuniza- tion,andotherformsofriskmanagementwithintheportfolioarealsodiscussed.Moderninvest- menttheoryisaddressed,includingthestudyofecientcapitalmarket,capitalassetpricingmodel (CAPM),andarbitragepricingtheory(APT).PREREQ:FIN5200orinstructor’spermission. FIN 5250. Entrepreneurial Finance iscourseacquaintsthebusinesspersonwhoisinanentrepreneurialenvironmentwiththepar- ticularissuesinvolvedinnancerelatedtotheparticularneedsandconditionsoftheemergingrm. Cashow,valuation,managinggrowth,andraisingprivateand publiccapitalaretopicsexplored throughlecturesandcases.PREREQ:FIN5200andACC5010. FIN 5990. Directed Studies Independentstudyinanareaofbusinessadministrationofparticularinteresttoastudentunderthe direction of one or more faculty members. Students must submit detailed proposals for a directed study,detailingtheproposedplanofstudy,researchinvolved,datesfordeliverables,nalproductto beproducedandfacultywhowillbesupervising.Proposalswillbereviewedbyafacultycommittee to determine acceptance of the proposal. FINS 5xxx. Special Topics estudyofaparticulartopicofspecialimportance,relevance,andcurrencytostudentsintheMas- ter of Business Administration program. e content of the special topics course varies with each oeringandmaybetakentwice. INFORMATION TECHNOLOGY MANAGEMENT (ITM) ITM 5370. Management Information Systems Conceptual and practical foundations of information processing systems support for management anddecision-makingfunctions,computersystemprojectmanagement,economicandlegalconsider- ationsofmanagementinformationsystems,systemimplementationandevaluation. ITMS 5xxx. Special Topics estudyofaparticulartopicofspecialimportance,relevance,andcurrencytostudentsintheMas- ter of Business Administration program. e content of the special topics course varies with each oeringandmaybetakentwice. MANAGEMENT (MGT) MGT 5010. Foundations of Marketing and Management is course is an accelerated course designed for students with no formal undergraduate background or as a refresher course for students who desire or need to review the newest practices in marketing 469 Graduate Studies Business Administration (M.B.A.) Master of Business Administration and management. Marketing topics covered include marketing concept; product analysis; consumer behavior; pricing; promotion; and communications. Management topics include the decision-mak- ingprocesstiedtoplanning,organizing,leading,andcontrollingorganizations.(iscoursewillnot counttowardthe36hoursrequiredfortheMBAdegree.) MGT 5210. Supply Chain Management epurposeofthiscourseistointroducestudentstonewandemergingtopics,tools,andtechniques inoperationsandsupplychainmanagement.ecourseemphasizescoordination,integration,and decisionmakingregardingtheinteractionofthermwithitssuppliersandcustomers,whereplan- ning,design,andcontrolofallaspectsofsupplychainsincludingdesignandcontrolofmaterialand informationsystems,supplierdevelopment,supplierselection,customerrelationshipmanagement, andqualityissuessuchasoutsourcinginsupplychainarediscussed. MGT 5250. Organizational Theory and Behavior Coursewillexamineexplanationsofindividualbehavior,thenatureofhumanbehavioringroups, andorganizationalstructuresandprocesses,especiallyastheyaecthumanbehavior.Principlesof organizational change and development will also be addressed. e course will rely heavily on analysis and solution of case problems in addition to text and directed readings. MGT 5270. Leadership and Change is course will examine contemporary organizations and their leadership within the context of changemanagementinadynamicenvironment.Inparticular,thecoursewillfocusuponthecon- cept of leadership as an interactive process and the means by which change is initiated and sustained. roughoutthecoursetherelationshipbetweenstrategy,structure,andculturewillbehighlighted. MGT 5290. Entrepreneurship e course provides students with the competency to identify and implement opportunities and overcomebusinessobstaclesinforminganewventure,leadinganewcorporateventure,oradvancing currentbusinesscareers.iscoursewillidentifyandexplainhowInitiationandEntrepreneurship arewaysofthinking,reasoning,andactingthatareopportunityobsessed,holisticinapproach,and leadership balanced to advance the entrepreneurial venture. MGT 5300. Human Resources Management Coursewill examinehowan organizationsecures,develops, maintains,andrewardsemployeesto meetorganizationobjectives.Topicsincluderecruitment,selection,training,performanceappraisal, compensation,benets,andlabor-managementrelations.Examineseectiveintegrationofhuman resource functions. MGT 5350. Operations Management Managing the operation function is extremely important due to strong competition nationally and internationally.Operationsmanagementisresponsibleforsystemsthatcreategoodsand/orprovide services.ecourseexaminesthetechniquesrequiredtooperatethesystemandpointsoutpotential problems.Globalsystems,withemphasisonJapan,arediscussed. MGT 5700. Entrepreneurial Strategy An examination of strategic management issues from the perspective of the entrepreneurial organiza- tion.Topicsincludeentrepreneurialleadership,growth,ethics,strategicpositioning,franchising,and entrepreneurship.Prerequisite:MGT5290orpermissionofinstructor. MGT 5750. Strategic Planning (Capstone Course) Course integrates knowledge from functional areas through both analysis of complex business prob- lemsandmanagingacomputersimulatedcompany.Caseapproachrequiresstudentinvolvementin decisionmaking.PREREQ:FIN5200,MKT5400,andACC5500orpermissionofinstructor. The University of North Carolina at Pembroke470 Graduate StudiesBusiness Administration (M.B.A.) MGT 5990. Directed Studies Independentstudyinanareaofbusinessadministrationofparticularinteresttoastudentunderthe direction of one or more faculty members. Students must submit detailed proposals for a directed study,detailingtheproposedplanofstudy,researchinvolved,datesfordeliverables,nalproductto beproducedandfacultywhowillbesupervising.Proposalswillbereviewedbyafacultycommittee to determine acceptance of the proposal. MGTS 5xxx. Special Topics estudyofaparticulartopicofspecialimportance,relevance,andcurrencytostudentsintheMas- ter of Business Administration program. e content of the special topics course varies with each oeringandmaybetakentwice. MARKETING (MKT) MKT 5400. Marketing Planning and Strategy iscoursedetailstheroleofmarketinginthermanditsimpactonthestrategicplanningprocess. Anemphasisisplacedonidentifyingandsolvingmarketingproblems,marketingstrategy,andcur- rent issues facing marketing managers. MKT 5450. Services Marketing eprimarygoalofthiscourseistoacquaintstudentswiththeuniqueaspectsofmarketingservice rmsandnonprotorganizations.ecoursewillcoversuchtopicsasservicequality,serviceopera- tions,pricing,distribution,managingsupplyanddemand,customerretention,anddevelopingan integrated marketing communications program. MKT 5990. Directed Studies Independentstudyinanareaofbusinessadministrationofparticularinteresttoastudentunderthe direction of one or more faculty members. Students must submit detailed proposals for a directed study,detailingtheproposedplanofstudy,researchinvolved,datesfordeliverables,nalproductto beproducedandfacultywhowillbesupervising.Proposalswillbereviewedbyafacultycommittee to determine acceptance of the proposal. MKTS 5xxx. Special Topics estudyofaparticulartopicofspecialimportance,relevance,andcurrencytostudentsintheMas- ter of Business Administration program. e content of the special topics course varies with each oeringandmaybetakentwice.estudyofaparticulartopicofspecialimportance,relevance,and currency to students in the Master of Business Administration program. e content of the special topicscoursevarieswitheachoeringandmaybetakentwice. . The University of North Carolina at Pembroke4 64 Graduate StudiesBusiness Administration (M. B. A. ) MASTER OF BUSINESS ADMINISTRATION (M. B. A. ) Director:. varies with each oeringandmaybetakentwice. The University of North Carolina at Pembroke4 68 Graduate StudiesBusiness Administration (M. B. A. ) FINANCE