MSM or MBA, Minor in Project Management Curriculum
The curriculum of our MSM and MBA programs is designed to immediately improve the professional competencies of our students. Principles learned in the earlier courses are often built upon in later courses.
MSM Program Coursework
The MSM curriculum is composed of the following six courses along with the chosen minor.
MSM 5013 Organizational Behavior and Leadership (6 weeks - 3 semester hours)
Serves as the foundation for the program by providing a survey of key management theories and terminology. Both classical approaches and contemporary conceptualizations of management are studied. Special emphasis is placed on leadership, motivation, culture, team building, and organizational communication.
ECO 5023 Global and Economic Environment (6 weeks - 3 semester hours)
Familiarizes students with the economic forces, institutions, and policies that govern the environment in which business operates. Changes in both the national and global economy are explored from managerial, market and financial perspectives. Topics include opportunity cost, demand and supply, industrial organization, antitrust, deregulation, fiscal and monetary policies, trade policies, and exchange rates.
MKT 5093 Marketing Management (6 weeks - 3 semester hours)
Focuses on the importance of modern organizations being market driven and globally competitive. It examines the role of the marketing function and fundamentals, such as market segmentation, targeting, product life cycle, new product planning, distribution strategies, pricing, promotion, forecasting, market analysis, and competitor analysis. Students conduct marketing audits of actual organizations.
ITI 5073 Management Information Systems (6 weeks - 3 semester hours)
Emphasizes computer systems technology and is designed to enable the learner to understand the field from a managerial perspective. Existing and emerging technologies will be reviewed to provide an awareness of technology capabilities from the managerial perspective. Topics to be covered include information systems planning, systems management, the systems development life cycle (SDLC), project management (P.M.), change management, networking and telecommunication concepts. Other topics to be discussed are transaction processing systems (TPS), decision support systems (DSS), executive information systems (EIS), enterprise resource planning (ERP), and artificial intelligence/expert systems AI/ES. Cases will be used to supplement the learning experience and to apply course principles and concepts. Project management and systems analysis methods will be thoroughly explored and applied in a learner-selected project where the learner carries out the project planning and implementation strategies/techniques to see the project to fruition.
BUS 6073 Data-Based Decision-Making (6 weeks - 3 semester hours)
Provides participants with tools and techniques to perform data analysis and hypothesis testing in order to make data-based management decisions. Data collected from students' organizations is used throughout this course to answer practical, "real-world" research questions. Topics include basic statistics, control charts, one-sided mean tests, two-sided mean tests, variance comparison, correlation analysis, and introduction to experimental design.
BUS 6013 Business Ethics and Organizational Culture Development (6 weeks - 3 semester hours)
Analyzes and develops models for business culture development. Key components of ethics, vision, mission, and institutionalization of culture are addressed from a Christian world view. The use of the case-study method where real-life business situations, organizations, and cultures are examined for their foundation and decision-making basis will play an important role. A key goal is to improve student's clarity and consistency in judging organizational models and developing plans for institutionalization of organizational ethical and cultural change.
Project Management Coursework
The curriculum for the minor must be taken in addition to either the MSM or the MBA curriculum.
PMI 6000 Introduction to Project and Program Management (6 weeks - 3 semester hours)
Development of project scope, work breakdown structures, project planning and project budgets will be discussed and presented. Project Management tools and techniques will also be introduced to support the project development process. The Project Manager must maintain a knowledge of the current systems and solutions available to ensure successful project/product delivery. In addition to the waterfall techniques, the tools and processes that support Agile, Lean and Six Sigma will be reviewed and presented. Detailed discussions regarding the benefits and limitations of each techniques and the supporting tools will be of value to the participant when presented with making choices regarding the selection, development and delivery of projects.
PMI 6400 Cost, Contract, and Procurement Management (6 weeks - 3 semester hours)
Many Project Managers are confused or sidetracked by the legalities of the cost management issues when utilizing contract or outsourced providers for portions of project delivery. The procurement process is often subjugated to the purchasing group(s) within the organization. The responsibility for the project cannot, however, be transferred to others. Therefore, the process must be understood and managed by the successful Project Manager. Most projects have some contract and procurement component that will influence the overall success of the project. With competitive bidding, technology advancements, and federal and state legal issues that influence the process of procurement, it is important that the Project Manager be aware of and knowledgeable in this aspect of the project process.
PMI 6200 Project Schedule and Risk Management (6 weeks - 3 semester hours)
The development of the sequencing and timing of project components and the risks associated at every point within the project must be understood and addressed. Recognition of the risk and the influence of the costs associated with risk, the scope challenges presented by the risk, and the schedule complexity that adds to and is influenced by risk must be understood by the successful Project Manager. Quantitative and qualitative techniques for risk management are components of Project Management, but the ability to recognize the threat is perhaps more critical. Threats can take the form of human, operational, procedural and technical threats or they may be political in nature. In any case, addressing threats and risks associated with these threats must be a tool in the Project Management arsenal.
PMI 6600 Advanced Project and Program Management (6 weeks - 3 semester hours)
In addition to the basics of project delivery management, tools and techniques that are available for the Project Manager relative to project costs in terms of earned value, return on investment (ROI), cost-benefit analysis and other techniques used for project and selection and scheduling will be discussed in detail as they influence the progress of the project/product delivery. Risk management and the strategic alignment of the project and delivery process are also advanced topics that the successful Project Manager must be capable of controlling and utilizing throughout the project execution.
MBA Program Coursework
The MBA curriculum includes all of the courses from the MSM curriculum, plus the curriculum for your chosen minor, along with the following four courses:
ACT 6203 Advanced Managerial Accounting (7 weeks - 3 semester hours)
A review of managerial accounting concepts and techniques used by managers in planning, performance evaluation, and decision-making. Topics include, but are not limited to, the following: classification of costs, determining costs of products, the study of cost behavior and its application in making business decisions, introduction to capital budgeting, operating budgets, standard costing, and the use of management accounting in evaluating business performance. Prerequisite: MSM 6053 Fundamentals of Financial Accounting or equivalent.
BUS 6023 Production and Operations Management (6 weeks - 3 semester hours)
Teaches students how to organize and manage labor, equipment, material, information systems, and resources required to deliver products that satisfy customer needs. The course provides business students with the understanding of manufacturing planning and control systems, continuous process improvement techniques, lean manufacturing methods, strategic quality management systems, and other manufacturing practices.
BUS 6213 Advanced Managerial Finance (6 weeks - 3 semester hours)
Integrates many of the financial concepts that managers need to understand. These concepts include capital budgeting, break-even analysis, working capital management, financial instrument valuation, cost of capital, and the risk and return trade-off. Emphasis will be on the application of concepts and techniques in the analysis of cases.
BUS 6033 Organizational Strategy and Change (6 weeks - 3 semester hours)
An integrative course that focuses on the formulation of overall organizational policy within a dynamic, global environment. The perspective taken is that of top management, and the key questions are: "What industry are we in?" and "How do we successfully compete in this industry given its characteristics and our strengths?" This course also examines the means by which the aforementioned strategies can be implemented and successful ways to execute the inevitable changes that will accompany them. Special emphasis is placed on motivation and compensation, training, leadership and culture. In addition to examining various theoretical conceptualizations of change, several diagnostic tools will be utilized.