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Course Descriptions - MGMT (Management)
MGMT 610 The Manager in a Technological Society (3)
(Formerly ADMN 601.) An overview of the fundamental concepts of organizational theory and design in the context of a postindustrial and increasingly global society. The study of organizations encompasses several key knowledge areas essential to today’s manager: the impact of technological and workforce changes on society, organizational ethics and social responsibility, global issues, history of management thought and its relevance for managers today, and systems thinking and the challenges of managing in today’s complex and rapidly changing environment. Discussion addresses essential concepts in organizational theory and design, including measuring effectiveness, organizational life cycles, options for organizational structure and becoming the learning organization.
MGMT 615 Intercultural Communication and Leadership (3)
(Formerly IMAN 605. Not open to students who have completed MGMT 620, MGMT 625, ADMN 620, ADMN 625, ADMN 625C or ADMN 635C.) A study of organizational communication, leadership and decision-making skills essential for all managers in intercultural environments. Theories of culture are examined and applied in relation to leadership style and practices, as well as to organizational communication across cultural groups. Team development and leadership are explored in an intercultural environment.
MGMT 630 Organizational Theory and Behavior (6)
An overview of the fundamental concepts of organizational theory and organizational behavior in the context of a postindustrial and increasingly global society. Topics include the impact of technological and workforce changes on society, organizational ethics and social responsibility, organizational communication, leadership and decision-making skills in intercultural environments, the history of management thought and its relevance for managers today and systems thinking and the challenges of managing in today’s complex and rapidly changing environment. Students who receive credit for MGMT 630 may not receive credit for MGMT 610 or MGMT 615.
MGMT 640 Financial Decision Making for Managers (3)
(Formerly ADMN 630.) Prerequisite: Knowledge of the fundamental concepts of financial accounting and economics, including opportunity cost, the time value of money and financial analysis. An investigation of financial decision making in business, government and not-for-profit organizations. Emphasis is on the application of financial and nonfinancial information to a wide range of management decisions, from product pricing and budgeting to project analysis and performance measurement. Various decision-making tools, such as break-even analysis, activity-based costing procedures, linear programming, discounted cash flow techniques and the balanced scorecard, are examined. Contemporary managerial techniques, such as target costing and kaizen costing, are explored as a means of improving operational efficiency.
MGMT 645 Legal Aspects of Management (3)
(Formerly ADMN 637.) A study of the 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. Discussion covers employment contracts and reference checks, job descriptions and evaluations, employee termination, discrimination, age and handicap regulations, and substance abuse testing in the workplace. Topics also include union and nonunion environments, contracts, torts and product liability, business/ white collar crime and ethics in the work place. Emphasis is on preparing managers with limited legal experience for dealing with these situations before they develop into work place crises.
MGMT 650 Statistics for Managerial Decision Making (3)
(Formerly ADMN 638.) Prerequisite: Knowledge of the fundamentals of statistical methods, techniques and tools. An examination of how managers organize, analyze and interpret data for decision making. Focus is on developing skills in using statistical tools to make effective business decisions in all areas of public and private-sector decision making, including accounting, finance, marketing, production management and human resource management. Topics include collecting data; describing, sampling and presenting data; probability; statistical inference; regression analysis; forecasting; and risk analysis. Microsoft Excel is used extensively for organizing, analyzing and presenting data.
MGMT 670 Strategic Management Capstone (3)
(Formerly ADMN 651.) Prerequisite: 24 credits of program coursework, including all core courses. A capstone investigation of how strategy interacts with and guides an organization within its internal and external environments. Focus is on corporate and business unit–level strategy, strategy development, strategy implementation and the overall strategic management process. Topics include organizational mission, vision, goal setting, environmental assessment and strategic decision making. Techniques such as industry analysis, competitive analysis and portfolio analysis are presented. Discussion covers strategic implementation as it relates to organizational structure, policy, leadership and evaluation issues. Case analyses and text materials are used to integrate knowledge and skills gained through previous study. Problems and issues of strategy formulation are investigated through participation in the Business Strategy Game simulation.