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& Student Handbook - Saint Mary's University of Minnesota

& Student Handbook - Saint Mary's University of Minnesota

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112 Master Degree Programs<br />

Faculty<br />

The faculty members for the Master <strong>of</strong> Business Administration program<br />

have earned doctorate or master’s degrees. Faculty members are<br />

selected for their educational and pr<strong>of</strong>essional experience and expertise.<br />

Foundation Course Descriptions<br />

MBA500<br />

Quantitative Primer (3 cr.)<br />

This course is designed to foster and support the student’s foundational<br />

understanding and ability to utilize college algebra, trigonometry, and<br />

pre-calculus in the analysis <strong>of</strong> business problems. The material is<br />

presented in three distinct sections: algebraic operations and functions,<br />

systems <strong>of</strong> equations and matrices, and an introduction to sequence and<br />

probability theory. Grading is pass/no credit (P/NC).<br />

MBA501<br />

Business Statistics and Quantitative Thinking (3 cr.)<br />

This course is designed to give students a practitioner foundation in<br />

applied math and statistics. The tools and applications used in graduate<br />

business courses and by individuals in managerial positions are covered.<br />

Topics include ratio analysis and comparisons, descriptive and inferential<br />

statistics, correlation, analysis <strong>of</strong> variance and regression. Grading is<br />

pass/no credit (P/NC).<br />

MBA502<br />

Writing Fundamentals (3 cr.)<br />

The course familiarizes graduate students with the expectations and<br />

conventions <strong>of</strong> graduate writing and research at <strong>Saint</strong> Mary’s <strong>University</strong>.<br />

It is designed for students with limited graduate writing experience,<br />

students who want to refresh their writing skills, and students who need<br />

to learn the APA style. Course content includes (a) forms <strong>of</strong> graduate<br />

discourse, (b) APA rules <strong>of</strong> grammar, punctuation, and usage; (c) word<br />

processing functions that support APA style; and (d) methods and<br />

resources for graduate research through the <strong>Saint</strong> Mary’s <strong>University</strong><br />

Library. Grading is pass/no credit (P/NC).<br />

Prerequisite Courses<br />

MBA503<br />

Principles <strong>of</strong> Economics (3 cr.)<br />

This course is designed to give students an overview <strong>of</strong> the principles <strong>of</strong><br />

macro and microeconomics. The underlying economic theories and<br />

applications used in graduate business courses and by individuals in<br />

managerial positions are covered. <strong>Student</strong>s examine supply demand<br />

analysis at the industry and firm level, market structures, elasticity<br />

analysis, macroeconomic indicators <strong>of</strong> the economy, business cycle<br />

analysis, and the impact <strong>of</strong> government economic policy on business.<br />

MBA504<br />

Accounting Concepts and Methods (3 cr.)<br />

Prerequisite: MBA501 or equivalent.<br />

This course is designed to give students a practitioner foundation in the<br />

principles <strong>of</strong> financial accounting. The tools and applications used in<br />

graduate business courses and by businesses in decision-making in an<br />

international environment are covered. Topics include financial<br />

accounting methods, preparation <strong>of</strong> financial statements, the accounting<br />

cycle, internal control, and accounting for partnerships and corporations.<br />

MBA510<br />

Managerial Finance (3 cr.)<br />

Prerequisite: MBA504 or equivalent<br />

This course introduces the essential financial tools, principles and<br />

practices used by business. The tools and applications used in this course<br />

focus on the role <strong>of</strong> finance in managerial decisions regarding assets and<br />

liabilities, valuation, globalization, response to changes in the<br />

macroeconomic business environment and changing governmental<br />

regulation <strong>of</strong> financial institutions. The course addresses risk and rates <strong>of</strong><br />

return, time value <strong>of</strong> money, capital budgeting techniques, cost and<br />

structure <strong>of</strong> capital, leverage, and working capital management.<br />

MBA520<br />

Marketing Principles (2 cr.)<br />

This course is designed to give students a broad overview <strong>of</strong> the<br />

marketing function within an organization. The marketing techniques used<br />

by firms operating in a global environment are covered. Topics include<br />

customer decision behavior, product and service concepts, market<br />

segmentation and targeting, the four Ps (product, price, promotion and<br />

place) and product mix, channel, wholesaling and logistics management,<br />

fundamental marketing product, and pricing and life cycle strategies.<br />

Core Courses<br />

Prerequisite to MBA-600 level core classes is the completion <strong>of</strong> all foundation<br />

and prerequisite requirements, and regular matriculation into the program.<br />

MBA600<br />

Quantitative Decision Making (3 cr.)<br />

Prerequisite: MBA501 or equivalent<br />

This course is designed to give students a practitioner’s ability to utilize<br />

quantitative decision-making tools and techniques commonly used in<br />

business. The QDM tools and techniques used in operations management,<br />

inventory management, marketing, project management and finance are<br />

covered. Topics include hypothesis testing, confidence intervals, subjective<br />

probability, decision trees, Bayes Theorem and regression.<br />

MBA601<br />

Intercultural Acumen (3 cr.)<br />

This course provides a practical framework for managers to appraise<br />

and manage the balance among cultural unification, accommodation and<br />

uniqueness that arises in the domestic and global workplace. The skills<br />

and techniques required to manage a global work force, conduct<br />

business in foreign countries with cultural literacy, and communicate with<br />

individuals and organizations in other cultures are covered. <strong>Student</strong>s<br />

analyze cultural general theories; the impact <strong>of</strong> culture on interpersonal<br />

interactions such as negotiating, managing conflict, teamwork, business<br />

ethics and motivation; cultural taxonomies; and the fundamentals <strong>of</strong><br />

intercultural competence.<br />

MBA602<br />

The Political Economy <strong>of</strong> Business (3 cr.)<br />

This course provides a theoretical framework to evaluate the political,<br />

historic, economic and social context in which business activities take<br />

place around the world. Topics include economic relations, risk<br />

assessment, ethics, strategic analysis <strong>of</strong> nation-states, institutional and<br />

policy management <strong>of</strong> multinational economic relations, and sustainability<br />

<strong>of</strong> economic growth and global competitiveness. <strong>Student</strong>s develop the skills<br />

and techniques used by global managers to analyze the political-economic<br />

health <strong>of</strong> a country in terms <strong>of</strong> financially oriented risk-reward criteria and<br />

operationally-oriented competitiveness as set by global standards.

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