Business Administration, Management Concentration (M.B.A.) - Graduate - 2009 University Catalog

You are viewing the 2009 University Catalog. Please see the newest version of the University Catalog for the most current version of this program's requirements.

The goal of the MBA Program is to combine conceptual approaches to business with practical application in order to give students needed skills to prepare them for today's global economy. Montclair State graduates are well-rounded, self-motivated and employed in many of the best companies in the region. Equipped with an education built upon standards of excellence, alumni enjoy tremendous opportunities for a rich and rewarding career.

The curriculum stresses the conceptual foundations of business disciplines and current managerial practices. This blend of theory and practice builds a strong foundation for immediate practical application as well as post-graduate professional growth.

The Montclair MBA provides individuals the opportunity to design unique programs to meet their specific needs and interests. Students may choose to concentrate in one of seven areas or they may select from an array of courses that provide a broad education. Full-time faculty with doctoral teach 95 percent of MBA classes. The remaining classes are taught by persons with outstanding professional credentials.

The School of Business Administration invites applications from persons with baccalaureate or post-baccalaureate degrees. Because we actively seek a diverse student body, all previous academic majors are considered for admission. Both full-and part-time students are welcome. Courses are offered in the late afternoon, evenings and Saturdays.

ADMISSIONS

Candidates must submit an application for graduate admission which includes:

  • One official copy of the academic transcript from each college and/or university attended.
  • Scores from the Graduate Management Admission Test.
  • A statement of professional objectives.
  • Two letters of recommendation from persons qualified to evaluate the applicant's promise of academic achievement and potential for professional growth.
  • A non-refundable fee of $60.00 must accompany each application.

 

Although prior work experience is not an admission requirement, it is strongly recommended for all MBA applicants.  APPLICATIONS MAY BE SUBMITTED AT ANY TIME OF THE YEAR.  The GMAT is required of all students. No application will be considered without these scores.

Through prior academic experience, challenge examinations and/or graduate level transfer credits, the 48 semester hour MBA requirement may be reduced by a maximum of 15 semester hours. The remaining 33 semester hours must be completed at Montclair State University and must meet the following minimum requirements:

All advanced courses must be taken and completed at Montclair State University.

PROGRAM REQUIREMENTS

Complete 48 semester hours including the following 5 requirement(s):

  1. MANAGERIAL DECISION MAKING

    Complete 3 courses:

    ECON 501 Economic Analysis 3
    INFO 501 Statistical Methods 3
    INFO 503 Information Systems 3

  2. FUNCTIONAL CORE

    Complete 5 courses:

    ACCT 501 Financial Accounting 3
    FINC 501 Corporate Financial Management 3
    INFO 505 Production/Operations Management 3
    MGMT 505 Management Process and Organizational Behavior 3
    MKTG 501 Marketing Management 3

  3. MANAGING THE BUSINESS ENVIRONMENT

    Complete 3 courses: (The MBA Director may authorize substitute electives if eligible).

    ACCT 502 Managerial Accounting 3
    ECON 505 Aggregate Economics 3
    INBS 501 International Business: Concepts and Issues 3

  4. MANAGEMENT CONCENTRATION

    Complete a total of 9 semester hours from the following:

    1.  

      MGMT 510 Human Resource Management 3
      MGMT 525 Entrepreneurship and Small Business Management 3
      MGMT 530 Management of Technology in Organizations 3
      MGMT 540 Executive Perspectives 3
      MGMT 575 Independent Study in Management 1-3
      MGMT 577 Selected Topics in Management 3

    2. 1 course from the following list may be taken.

      INBS 511 Global Business Endeavors 3
      MGMT 511 Global Business Endeavors 3

    3. 1 course from the following list may be taken.

      INBS 520 Managing The Global Workforce 3
      MGMT 520 Managing The Global Workforce 3

  5. STRATEGY & LEADERSHIP: CAPSTONE COURSES

    Complete 2 courses:

    MGMT 513 Leadership and Behavior 3
    MGMT 580 Advanced Strategic Management 3

Course Descriptions:

ACCT501: Financial Accounting

A study of basic accounting concepts and their significance to the financial analyst and manager. Problems relating to income determination, valuation, reporting and analysis are stressed. Alternative conceptual foundations of reporting standards are presented and evaluated. 3 sh.

Prerequisites: M.B.A. degree students, M.A. Fine Arts majors with concentration in Museum Management or M.A. Theatre majors with concentration in Arts Management only.

ACCT502: Managerial Accounting

This course examines the development of theory, concepts and practices of providing information for use within the organization. Cost concepts and classifications schemes, the use of accounting information for internal decision making, static and flexible budgeting for managerial control and activity based costing techniques are among the topics covered. 3 sh.

Prerequisites: ACCT 501, ECON 501.

ECON501: Economic Analysis

The resource allocation and distribution of income implications of a market-oriented economy operating under various degrees of competition. Also analyzed are the determinants of consumer and market demand and the theoretical cost structure of firms. 3 sh.

Prerequisites: M.B.A. degree students, M.A. Environmental Studies majors with concentration in Environmental Management (ESEM), Doctor of Environmental Management (ENVM) students; or M.B.A. Director approval.

ECON505: Aggregate Economics

This course develops contemporary macroeconomic theories to explain aggregate employment, national income and the levels of interest rates and prices. Along with developing various models the course examines current research and reviews the economy's recent macroeconomic performance. 3 sh.

Prerequisites: M.B.A. degree students, M.A. Environmental Studies majors with concentration in Environmental Management (ESEM), Doctor of Environmental Management (ENVM) students; or M.B.A. Director approval.

FINC501: Corporate Financial Management

An introductory course in corporate financial management which provides students with an understanding of the fundamental concepts of modern finance from an analytical and quantitative perspective and serves as a foundation course for further work in finance. The course stresses: valuation; capital budgeting decisions; capital structure and dividend decisions. 3 sh.

Prerequisites: ACCT 501, and ECON 501, and INFO 501; major within the School of Business; M.B.A. degree students only.

INBS501: International Business: Concepts and Issues

This course offers students an in-depth introduction to international business concepts and issues in addition to exposure to the fundamentals of international business, students will become aware of the dynamics of global business environment, international competition in both the domestic and foreign markets as well as strategic issues in international business management and operations. The course adopts a critical approach; it presents both sides of an international business issue. Greater emphasis will be placed on managerial implications of information presented in the course. The course also includes discussion of ethics and social responsibility in the conduct of international business. 3 sh.

Prerequisites: ECON 501; M.B.A. degree students only.

INBS511: Global Business Endeavors

This course offers an in-depth analysis of critical components of global business management. It examines the challenges of the changing international competitive environment, as well as the political, economic, and legal influences on global corporate leadership. This course will help students outline multinational business strategies, understand internationalization process, and develop analytical skills necessary to succeed in dynamic global business activities. Cross listed with MGMT 511. 3 sh.

Prerequisites: INBS 501.

INBS520: Managing The Global Workforce

The objective of this course is to increase knowledge about managing a global workforce. The course provides a framework for understanding how individual, group, and organization factors impact global businesses and how organizations respond to them. Some focus will be placed on understanding cross-cultural issues within this context. Practical application, case analysis and effective management practices of international companies are emphasized. Cross listed with Management, MGMT 520. 3 sh.

Prerequisites: MGMT 505.

INFO501: Statistical Methods

Introduction to statistical techniques with applications in business decision making and problem solving. Topics include methods of descriptive data analysis, probability and probability distributions, methods of inferential data analysis including estimation and hypothesis testing and an introduction to experimental design principles, correlation, regression model building and an introduction to time series forecasting. 3 sh.

Prerequisites: Course in undergraduate calculus; M.B.A. degree students only.

INFO503: Information Systems

Examines the information requirements of an organization. The differences in the kinds of information needed at the various organizational levels (operational, administrative and strategic) are emphasized. How to plan and implement a comprehensive information system is discussed as well as methods to measure its effectiveness. 3 sh.

Prerequisites: M.B.A. degree students only.

INFO505: Production/Operations Management

Emphasizes human and mechanical productivity in planning a comprehensive and effective production or operations system. Employs a case approach to the study, formulation, and solution of business problems through the application of managerial, quantitative and information systems methodology. 3 sh.

Prerequisites: INFO 501, 503, MGMT 505; M.B.A. degree students only.

MGMT505: Management Process and Organizational Behavior

Review of classical and modern approaches to the managerial process as it relates to the manager's functions of planning, organizing, staffing, leading, and controlling. These reviews will be tied to the open-system model and the contingency approach as an overall framework for understanding the management of organizations. 3 sh.

Prerequisites: Only M.B.A.and D.Env.M.students, M.A.Fine Arts majors with concentration in Museum Management, M.A.Theatre majors with concentration in Arts Management, or M.A.Theatre majors with concentration in Arts Management.

MGMT510: Human Resource Management

This course examines how managers can utilize modern Human Resource practices in order to improve company performance and efficiencies. Topics include staffing for quality, outsourcing, use of core and contingent workforce, managing workforce commitment and performance, legal issues, managing careers, and reward systems. A case study approach is used. 3 sh.

Prerequisites: MGMT 505.

MGMT511: Global Business Endeavors

This course offers an in-depth analysis of critical components of global business management. It examines the challenges of the changing international competitive environment, as well as the political, economic, and legal influences on global corporate leadership. This course will help students outline multinational business strategies, understand internationalization process, and develop analytical skills necessary to succeed in dynamic global business activities. Cross listed with INBS 511. 3 sh.

Prerequisites: INBS 501.

MGMT513: Leadership and Behavior

The purpose of the course is to help students understand leadership behavior. The course reviews current theoretical and empirical literature from the behavioral sciences as it relates to leadership. Topics covered include leadership styles, power and leadership, leader-follower interactions, and the manager as leader. 3 sh.

Prerequisites: MGMT 505.

MGMT520: Managing The Global Workforce

The objective of the course is to increase knowledge about managing a global workforce. The course provides a framework for understanding how individual, group and organization factors impact global businesses and how organizations respond to them. Some focus will be placed on understanding cross-cultural issues within this context. Practical application, case analysis, and effective management practices of international companies are emphasized. Cross listed with International Business, INBS 520. 3 sh.

Prerequisites: MGMT 505.

MGMT525: Entrepreneurship and Small Business Management

This course is for students who want to start their own businesses or initiate new ventures in existing corporations. Topics include the importance of entrepreneurship in the U.S., identifying business opportunities and formulating business plans. 3 sh.

Prerequisites: MGMT 505, MKTG 501, ACCT 501.

MGMT530: Management of Technology in Organizations

This course focuses on the management of technology and the technological function in the modern corporation. Topics include the management of science and technology professionals, integration of the R&D function into the organization, the impact of national and global forces on innovation introduction and adoption, and technological change. Descriptions of new technologies in biotechnology, manufacturing, aerospace, and other fields are included. Delivered in a lecture format, the course includes case studies, guest speakers, and team-based pedagogical techniques. 3 sh.

Prerequisites: MGMT 505.

MGMT540: Executive Perspectives

This course complements the theorectical components by providing practical exposure to current management issues. This is accomplished by bringing to class business executives and leaders who discuss their most immediate and longer term management challenges. 3 sh.

MGMT575: Independent Study in Management

Under faculty guidance and supervision, this tutorial course is open to students who wish to pursue individual study and research in a particular discipline. 1 - 3 sh.

Prerequisites: Departmental Approval.

MGMT577: Selected Topics in Management

An in-depth study of a selected topic, issue, problem or trend in management. The specific subject matter is not offered as an existing regular course or deserves more time-emphasis than is possible in a regular course. When offered, topics and prerequisites are announced in the course schedule book. May be repeated once for a maximum of 6.0 credits as long as the topic is different. 3 sh.

MGMT580: Advanced Strategic Management

The focus of this course is on actual business situations and their impact on the total organization including the role of top management in dealing with these problems. The structure of the course is based on the strategic management process which includes identification, evaluation, and implementation of policy and strategy. 3 sh.

Prerequisites: Completion of the business core and a minimum of 12 semester hours of advanced courses; MBA students only.

MKTG501: Marketing Management

This business core requirement assumes little or no prior formal education in the discipline of marketing. As such, a solid introduction to the language of the discipline, body of knowledge, tools and techniques must necessarily be covered through a text and readings format supplemented with class lectures which are grounded in heavy case analysis and real-world illustrations. The pivotal distinctiveness of this graduate offering lies in drawing the student into issues that are industry and company specific (preferably drawn from the student's career related industry/company). 3 sh.

Prerequisites: M.B.A.degree students, M.A.Fine Arts majors with concentration in Museum Management, or M.A.Theatre majors with concentration in Arts Management only.

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