A+B. Intro_SJ.1 - University of Maryland University College

ADMN 634 Investment Valuation (3)
Prerequisite: ADMN 631. This course provides an in-depth
exploration and application of valuation models to support
managerial decision making in a strategic framework. The
theory, concepts, and principles underlying the valuation of
firms, business/product lines, and mergers and acquisitions are
addressed using extended exercises and applications. The primary
model employed as a learning tool will be the discounted
cash-flow model. Students will explore the financial drivers of
value, including assessing and determining risk, competitive advantage
period, and sales and earnings growth estimates. Other
valuation techniques using earnings, revenues, and price/earnings
multiples will be discussed and applied in selected examples.
ADMN 635 Organizational Leadership and Decision
Making (3)
(Also offered with ADMN 625 as a cluster course.) The overriding
theme of this course is that the ability to lead and make
decisions in an environment of continual change is crucial for
the 21st century. Thus, this course focuses on four aspects of
leadership: theory and re s e a rch, individual and team perspective s ,
judgment and managerial decision making, and the global environment.
Ap p roaches to leadership such as power-influence, situational
factors, individual traits, and behaviors are explored, as are
various models of decision-making theory. Issues such as the re l a-
tionship of management to leadership, the value of part i c i p a t i ve
and charismatic leadership, the leader’s role in organizational cult
u re and organizational change, and the impact on diversity are
i n vestigated from domestic and international perspectives. T h e
i n c reasing role of teams in organizational life and the ability to
apply good judgment to decisions that pertain to superv i s o ry,
p a rt i c i p a t o ry, and team-leadership principles at appropriate
points are discussed.
ADMN 636 Cost Management (3)
Prerequisite: ADMN 631. This course focuses on making d e c i-
sions that improve organizational performance through better
cost management. The need to improve cost efficiency is driven
by increased global competition and investor emphasis on shareholder
value. Cost management practices must be consistent with
strategic goals and objectives. Cost efficiency can be achieve d by
analyzing and modeling managers’ decisions on cost drivers.
This course emphasizes a value-chain perspective, value-added
analyses, activity-based management, and economic-value-added
concepts in its approach to cost management. All topics are
linked through an integrated perspective of cost management
and through examination of the practices of “real-world” global
organizations.
ADMN 637 Legal Aspects of Management (3)
This course provides a study of legal consequences of major
issues facing managers in dynamic organizations. The nature
and structure of the traditional American legal system and current
alternatives for resolving disputes are reviewed. Issues such
as employment contracts and reference checks, job descriptions
and evaluations, employee termination, discrimination, age and
handicap regulations, and substance abuse testing in the workplace
are considered. Additional topics of discussion include
union and nonunion environments, contracts, torts and product
liability, business/white collar crime, and ethics in the workplace.
The course is intended to prepare managers with limited
legal experience for dealing with these situations before they
develop into workplace crises.
ADMN 638 Research Methods for Managers (3)
Prerequisite: Knowledge of the materials covered in USCP 630,
including data collection techniques, presentation of data in
tables and charts, basic descriptive statistics, basic p robability distributions,
normal distribution and sampling distributions, estimation,
and hypothesis testing. ADMN 638 presents techniques
and methodologies related to the evaluation and utilization of
organizational research and evaluation studies in making business
decisions. Emphasis is placed on preparing the student to
evaluate and utilize research-based information developed by
other individuals. The focus of the course is on the analysis and
interpretation of research-based materials in assessing the performance
of individuals, work groups, and organizations. Areas
of coverage include principles of good research design, measurement,
appropriate sample size, evaluating research instruments,
reviewing procedures for collecting and analyzing data, and evaluating
and utilizing existing research-based materials in solving
business problems. ADMN 638 provides the student with the
a p p roaches and skills necessary to evaluate research-based materials
and their utilization in business decision making. This course
provides the student with various approaches to data collection
(including the Internet) and utilization that best serve the practical
needs of the manager.
ADMN 639 Multinational Financial Management (3)
Prerequisite: ADMN 631. Financial management issues in
multinational organizations are the focus of this course. Major
topics include the environment of international financial management,
foreign exchange markets, risk management, multinational
working capital management, and foreign investment
analysis. The financing of foreign operations, international banking,
and the role of financial management in maintaining global
c o m p e t i t i veness are additional issues considered in the course.
| 114 | 2003–2004 Graduate Catalog