Master of Science in Business Psychology
Program Chair, Ray Forbes, Ph.D. Curriculum Development Team: Ray Forbes, Ph.D. John Brent, Ph.D. Eunice Luyegu, Ph.D. Soren Soumbatiants, Ph.D. Bonnie Blankenship, Ph.D. Michelle Buchberger, Ph.D. Advisory Board (listed on page 222)
As the world of organizations becomes more complex, fast-paced, and diverse, a premium is being placed on employing talented individuals capable of fluidly operating across the boundaries of disciplines and functions. With capital and information resources more readily available worldwide, competent and capable individual contributors and teams are increasingly seen as the primary differentiator of success within for-profit, not-for-profit and public sector institutions. Behind most successful organizational performances are skilled, motivated, and caring individuals with a knowledge and understanding of human behavior.
Applied Psychology, with its emphasis on a pragmatic understanding of individual thought and action offers an excellent complement to the practical field of business. The Franklin University Master of Science degree in Business Psychology is specifically designed to fuse a functional understanding of business with applied psychology. By connecting relevant theory with practice students can immediately apply their in-course learning to their current work situations, prepare themselves for their next position, and obtain a long-term educational advantage for future positions.
This program integrates concepts and practices from the emerging fields of positive psychology, neuroscience, sociobiology, and organizational coaching with the basic business functions of management, finance, marketing and human resources. The intent is to graduate professionals who have a practical insight into human behavior, a working knowledge of business functions and practices, who can thoughtfully integrate the two, and who can make effective organizational contributions at both the individual and group level.
STATEMENT OF PURPOSE To provide a life-enhancing educational experience that leads to realizing career and personal objectives. This inter-disciplinary program has been developed for working professionals seeking practical engagement with the fields of psychology and business.
GOALS OF THE MASTER OF SCIENCE IN BUSINESS PSYCHOLOGY PROGRAM To combine relevant theory and practice in order for students to:
• Obtain knowledge applicable to enhancing their current position, next position, and long-term careers
• Apply skills and aptitudes appropriate to solving business problems and capitalizing on business opportunities
• Learn to utilize their strengths and pre-dispositions to societal advantage
MASTER OF SCIENCE IN BUSINESS PSYCHOLOGY OUTCOMES By the end of the program students will be able to:
1. Assess the value of a neuroscience tool for use in the workplace. 2. Assess the business intelligence of an organization. 3. Evaluate psychological assessments for use in leadership and organization development.
4. Create behaviorally-based measures of economic performance. 5. Apply psychological principles in new product marketing. 6. Differentiate job applicants using behavioral science methods. 7. Design a process to stimulate organizational innovation. 8. Employ coaching techniques to deal with dysfunctional individuals.
BUSINESS PSYCHOLOGY PREREQUISITES Open to students who have graduated from a regionally accredited institution with a bachelor’s degree and who have successfully
completed undergraduate prerequisite courses in: • Introductory Psychology • Basic Statistics
COURSE SEQUENCE (36 HOURS)
PSYC 601 - Introduction to Business Psychology (4) PSYC 602 - Individual and Organizational Intelligence (4) PSYC 603 - Managerial Psychology (4) PSYC 604 - Behavioral Economics & Neurofinance (4) PSYC 605 - Psychology of Marketing (4) PSYC 606 - Psychology of Human Resources (4) PSYC 607 - Psychology of Creativity, Innovation & Change (4) PSYC 608 - Psychology of Organizational Coaching (4) PSYC 609 - Business Psychology Mastery Demonstration (4)
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