COURSE DESCRIPTIONS
MBA
MBA 699 Independent Studies in MBA (1-4 cr. hrs.)
Prerequisite(s): Minimum 3.00 cumulative GPA, at least 16 credit hours completed at Franklin, related coursework completed with a minimum grade of “B” and permission of the Program Chair.
Independent studies courses allow students in good academic standing to pursue learning in areas not covered by regular curriculum or to extend study in areas currently taught. Study is under faculty supervision and graded on a letter- grade basis. (See “Independent Studies” for details.)
MBA 707 (formerly GRAD 703) MBA Foundations (4 cr. hrs.)
Prerequisite(s): Acceptance into the MBA program.
More than ever before, the ability to understand and be understood is critical for success in the corporate world. Communication is no longer limited by the narrow definitions of the past. Achieving a business leadership position today means not only being adept at both oral and written communication, but also understanding communication from a strategic point of view and knowing how to effectively organize and present information to audiences of all sizes. In this course, you will develop and refine these capabilities. What you gain from this course will be of value throughout your MBA program, as well as in the workplace.
MBA 711 Business Environment (4 cr. hrs.)
Prerequisite(s): MBA Foundations (MBA 707).
This course systematically explores the external environment in which businesses operate – legal and regulatory, macroeconomic, cultural, political, technological, and natural. Additionally, the course will examine the critical opportunities and threats that arise from an analysis of external business conditions. Students will apply scenario planning to a selected industry and synthesize trends in the external environment in the presence of risk and uncertainty.
MBA 713 (formerly MBA 705) Human Resources Management (4 cr. hrs.)
Prerequisite(s): Business Environment (MBA 711).
Organizations are composed of groups of people who work together to achieve defined outcomes. Experience has proven time and again that the key factor which differentiates successful companies from those who struggle to survive is people who make up the employee base. While the human resources function is given the specific task of planning for and resolving many employee-related issues and needs, individual managers have direct responsibility and accountability for motivating and leading employees to achieve sustained organizational success. The purpose of this course is to provide students with the knowledge and skills needed to work effectively with human resources to enhance the contributions of all employees to organizational effectiveness. Students will learn about the elements which drive business success, theories of motivation, and methods for creating a plan for maximizing the human capital of an organization.
MBA 721 (formerly MBA 706) Marketing Management (4 cr. hrs.)
Prerequisite(s): Human Resources Management (MBA 713).
In today’s business world, success can often be attributed more to the genius of a company’s marketing efforts than to the genius of its products or services. A clear understanding of the importance of marketing, as well as a grasp of effective marketing practices, is essential for anyone who wishes to achieve a position of leadership. This course focuses on the essentials of marketing, providing an excellent foundation for future studies in either the MBA or MCM programs. You will gain a working knowledge of both marketing theory and the practical application of innovative marketing strategies. You will come to understand how product, price, place, and promotion contribute to the marketing mix as you explore research-based insights into consumer behavior. As your final course assignment, you will prepare and present a marketing plan of your own.
MBA 723 Managerial Economics (4 cr. hrs.)
Prerequisite(s): Marketing Management (MBA 721).
This course surveys the fundamental concepts and methods of economic analysis for managers. Real-world decision making is emphasized. Application of key economic concepts such as market demand, market supply, market equilibrium, marginal analysis, production, costs, revenue, profit, and market structure constitute the core material of the course. Quantitative spreadsheet-based tools, specifically multiple regression analysis and linear programming, will be introduced in order to operationalize the core economic concepts.
MBA 727 (formerly MBA 750) International Business Management (4 cr. hrs.)
Prerequisite(s): Managerial Economics (MBA 723).
Globalization has opened the world marketplace to companies that were once merely regional or even local operations. This course is designed to equip you with the knowledge and decision-making skills to perform effectively as a leader within a company with global operations. Course content covers multinational business strategies, from exporting to foreign direct investment, as well as economic, political, and cultural influences on the international marketplace.
MBA 731 Operations and Project Management (4 cr. hrs.)
Prerequisite(s): Managerial Economics (MBA 723) and International Business Management (MBA 727).
In today’s business environment, the success of organizations depends on the effective and efficient management of operations and planning and execution of projects. Guided by these two objectives, the student will learn how operations and project management skills will help them contribute to the bottom line of an organization. The student will study methods to select, plan, and execute projects, analyze and improve organizational processes, manage quality, make optimal capacity decisions in supply chains, and develop production and inventory plans and schedules.
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