Master of Business Administration, M.B.A. – Operations & Supply Chain Management
Curriculum

Major Requirements

Waivable Program Core (Prerequisite Courses) Credits:
ACCT 501 Accounting I 1.5
A study of accounting fundamentals. Topics include the accounting cycle, statement preparation, systems, asset valuations, accounting concepts and principles for the sole proprietorship.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
ACCT 510 Managerial Accounting 1.5
Prerequisite: Prerequisite: ACCT 501 or a waiver

Special emphasis is placed on the collection and interpretation of data for managerial decision-making purposes. A study is made of cost concepts used in planning and control, cost-profit-volume analysis, and budgeting.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
BUSI 510 Business Research Methods 1.5
This course emphasizes application of quantitative methodologies to support managerial decision making through problem identification, research design including data collection methodologies, analytical techniques for data analysis, and report preparation.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
ECON 501 Principles of Economics I 1.5
A study of basic economic concepts emphasizing analysis of the aggregate economy. The fundamental concepts of national income and its determination, economic fluctuations, monetary and fiscal policies, and economic growth are covered.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
ECON 510 Principles of Economics II 1.5
An examination of the processes of price determination, output, and resource allocation in perfect and imperfect competition. Also covers labor economics, international trade and finance, and alternative economic systems.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
FINC 501 Finance 1.5
An overview of the financial management function in modern business, emphasizing the time value of money and financial analysis. The financial and economic environment and capital markets and securities are covered.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
MGMT 501 Principles of Management 1.5
A study of organizations and of the activities of a manager in an organization. The course follows a functional approach, analyzing such management concepts as organizing decentralization, use of staff, human relations, conflict, decision making, planning, supervision, communication, and financial and production control systems such as budgeting and PERT.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
MIST 501 Management Information Systems 1.5
This course provides an introduction to information technology and application software. It also introduces students to how information is used in organizations and how information technology enables improvement in decision making at all managerial levels.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
MRKT 501 Introduction to Marketing 1.5
Study of the process by which consumers' needs and wants are analyzed and satisfied within the context of a modern marketing system. Investigation of current developments in the external environment affecting the marketing process. The role of marketing institutions in facilitating the flow of goods and services from producers to consumers is analyzed.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
QANT 501 Business Statistics 1.5
This course introduces students to both descriptive and inferential statistics. Coverage includes applications to business and other disciplines and the use of technology as a decision support tool.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
QANT 510 Production and Operations Management 1.5
Addresses concepts and critical activities required in the manufacturing of goods and the delivery of services. Quantitative applications and the use of relevant computer software are an integral part of this course.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
QANT 520 Management Science 1.5
Prerequisite: Prerequisite: QANT 501 or a waiver

Quantitative techniques for managerial decision-making are covered. These techniques include linear and integer programming, nonlinear programming, decision analysis, queuing theory and simulation. Problems are modeled and then solved using computer software.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
    Total: 18 Credits
All students must complete this 18-credit core requirement. Courses may be waived in those instances where the undergraduate experience includes course equivalencies. Courses in this core are offered to M.B.A. students in an accelerated format.
 
Non-Waivable Program Core Credits:
ACCT 610 Accounting Analysis 1.5
Prerequisite: Prerequisite: ACCT 501 and ACCT 510 or a waiver

A required core class in financial accounting analysis, covering a selected number of topics.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
BUSI 610 Professional Development Seminar 0
This preparatory course addresses select professional skills that are requisite to success for the MBA student, and include seminars and workshops in public speaking, business writing, teamwork, critical thinking and business research.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 0-0-0
ECON 601 Managerial Economics for Decision Making 3
Prerequisite: Prerequisite: ECON 501, ECON 510, QANT 510 or waivers

Application of economic theory and quantitative methods to business decision making. Topics: consumer choice, product demand, marginal pricing, neoclassical and linear production theory, market structure, and choice under imperfect information. Use of empirical techniques and model building for business analysis and forecasting using standard econometric software package is also addressed.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
FINC 601 Financial Management 3
Prerequisite: Prerequisite: FINC 501 or waiver

Topics covered in FINC 601 span a broad spectrum of financial markets and of corporate financial practices to emphasize the development of a comprehensive framework for the theory and practice of financial decision-making. This course uses data and information technology resources to bridge the gap between abstract theories and managerial practices.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
MGMT 620 International Dimensions of Organizational Behavior 1.5
Prerequisite: Prerequisite: MGMT 501 or a waiver

This course is an inter-disciplinary examination of the international dimensions of organizational behavior. Course content includes topics such as cross-cultural management, cross-cultural communication, and global spects of leadership, motivation, team management, and decision-making.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
MGMT 630 Business Enterprise Environment 1.5
Prerequisite: Prerequisite: MGMT 501 or a waiver

A managerial analysis of the complex enterprise interrelationships arising between legal and governmental regulation, ethical, economic, political, societal, technological, and physical issues characterizing a highly dynamic global business environment.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
MIST 610 Enterprise Resource Planning Systems 1.5
Prerequisite: Prerequisite: MIST 501 or a waiver

This course provides an overview of modern Enterprise Resource Planning (ERP) systems in use today. It introduces students to how information is used in ERP systems of organizations and how information technology enables ERP systems to support decision making at all managerial levels.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
MRKT 620 Strategic Marketing and Branding 3
Prerequisite: Prerequisite: MRKT 501 or a waiver

This course is designed to prepare the student to approach, structure, and solve complex marketing problem on strategic and tactical levels, with an extension to the other functional areas of business strategy, to align the dynamic capabilities with operations and finance. Analysis of the trends affecting the ever changing customers' wants and preferences, evolving market structures and competitive scenarios will reflect the present complexity of the marketing task, and the imperative of capturing market opportunities via delivery of superior customer value and the brand equity management. Classroom Hours- Laboratory and/or Studio Hours- Course Credits: 3-0-3

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
QANT 630 Operations and Supply Chain Management 3
Prerequisite: Prerequisite: QANT 510 and QANT 520 or a waiver

This course discusses a wide range of issues from how organizations successfully create and manage its operations and supply chain to how they control operations and supply chain. Using state of the art technologies, this course discusses key drivers and approaches organizations adopt to improve productivity and achieve competitive position. It also addresses major issues in operations and supply chain including inventory management, logistics management, facility location, total quality, material requirement planning (MRP), project management, and scheduling, The innovations and capabilities of these areas that are related to revenues and financial performance of the organizations are discussed .

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
    Total: 18 Credits
The non-waivable core is an integrated educational experience where courses are delivered in modules and are highly interdisciplinary. Modules in this core may not be waived, nor can credit hours be transferred into the Division of Management as substitutes for these modules. The core must be completed, in its entirety, in the Division of Management.
 
Required Capstone Credits:
BUSI 650 Business Analytics and Decision Making 3
Prerequisite: Prerequisite: FINC 601, MRKT 620, QANT 630

This course discusses the integration of data analytics and modeling to support businesses, non-profits, and governments towards gaining insight and strengthening decision-making ability. Students will develop predictive and prescriptive capabilities using data mining and simulation techniques through case studies and also use optimization techniques to support decision-making in the presence of uncertainty and a large set of alternatives. Focus will be on applying these techniques to different functional areas of business including operations, marketing, finance, and strategic planning.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
 
Operations and Supply Chain Management Concentration Credits:
MGMT 780 Supply Chain Management 3
Prerequisite: Prerequisite: QANT 630 or (QANT 610 and QANT 620)

Supply chain management (SCM) deals with the procurement of raw materials, management of operations, and distribution of final products. The explosive growth of the internet, e-commerce, and enterprise resource planning systems has created an environment where an organization can reduce costs while improving quality and response time. This course will focus on analyzing, evaluating, and recommending systems that will improve performance of an organizational supply chain. A term project requiring students to present a comprehensive supply chain management plan will be required.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
MGMT 785 Decision Support Systems 3
Prerequisite: Prerequisite: QANT 510 (or QANT 510 waiver), QANT 520 (or QANT 520 waiver), and MIST 610

Decision Support Systems (DSS) focuses on the application of information systems to assist a manager in evaluating alternatives and making optimal decisions in a business environment. Topics to be covered will include discussion of off-the-shelf decision support tools, storing and accessing data (data warehousing), defining requirements and modeling (front end), decision making (inference engine)and report generation. Students are expected to work with a range of software tools for strategy and policy development. A comprehensive term project will be required.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
QANT 750 Simulation Modeling 3
Prerequisite: Prerequisite: ACCT 501, FINC 501, MIST 501, MRKT 501, QANT 501, QANT 510, and QANT 520, or a waiver

This course emphasizes the role of simulation in evaluating the performance of complex systems in an organization. Simulation techniques such as Monte Carlo and Discrete Event will be studied in-depth. Students will be required to use @Risk and Arena to develop simulation applications. Topics to be covered in the course will include simulation of inventory, waiting lines, marketing, and financial models. A typical term project in the course will require students to develop their own simulation model for developing performance measures of a specific system by using either off-the-shelf software tools such as Crystal Ball or by using application software such as Excel.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
QANT 755 Management Science Applications 3
Prerequisite: Prerequisite: QANT 630 or (QANT 610 and QANT 620)

This course shall highlight the use of mathematical modeling and optimization techniques applicable to decision-making situations in an organization. The topics to be discussed will include: stochastic inventory models, specialized linear programming models, integer programming, dynamic programming, game theory, network models and waiting lines. As part of the term project, students will be required to identify an opportunity, collect data, specify a model, and use decision making tools to find the most effective solution, perform sensitivity analysis, and develop an implementation plan.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
QANT 760 Operations Management Applications 3
Prerequisite: Prerequisite: QANT 510 (or QANT 510 waiver), MIST 610

This course will focus on the discussion of opportunities for improving the productivity of a service or manufacturing organization. Topics to be covered will include Total Quality management, Project management, Material Requirements Planning, Scheduling, Inventory management, Operation Strategies, and the use of technology in managing operations (elements of ERP). A term project utilizing these techniques to analyze, evaluate and recommend a comprehensive solution will be based upon data collected from an actual organization or data obtained from an extensive case study.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
    Total: 15 Credits
BUSIE 700 Faculty-Led Study Abroad or another relevant course may be substituted for MGMT 780 or QANT 760, by approval of the department chair.
 
Total Required Credits = 36–54

Students with a concentration may complete the M.B.A. program in as few as 36 credits. The program consists of the waivable program core, the non-waivable program core, capstone course, and concentration courses.