The Elmhurst MBA

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The Elmhurst MBA

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Course Offerings

One unit of credit equals four semester hours. 

Core Courses

MBA 500 Organizational Management 
This course covers a broad range of topics surrounding the management of organizations. Course topics include behavior in organizations, strategic human resource management, current production and operations techniques, and organizational structure and design. Change management techniques will be discussed. Course activities will develop and strengthen students’ organizational decision making, analytical and communication skills.

MBA 501 Financial and Managerial Accounting
This course provides an in-depth exposure to the principles of financial and managerial accounting and the preparation, interpretation and analysis of general purpose financial statements for parties external to the organization. Topics such as cost behavior, activity-based costing, pricing, break-even and decision analysis, and budgeting and control are also covered. Emphasis is on the analysis and interpretation of accounting information and how financial statements interrelate, rather than on the preparation of different statements.

MBA 502 Analytical Tools for Management Decisions
This course adopts a hands-on and problem-based approach in offering students an overview of a number of data analysis and decision-making tools commonly encountered by managers in a business environment. The course will focus on helping students apply, with the aid of Microsoft Excel and other computer software programs, analytical tools such as statistical analysis, hypothesis testing, regression analysis, optimization techniques and project management.

MBA 503 Marketing Management 
This course is designed to examine the scope of marketing and the assessment of marketing opportunities in the current global business environment. In particular, the course will focus on the development of marketing mix strategies as they relate to the firm’s overall strategic marketing plan, implementation, control and effectiveness. Topics include: target market definition and analysis, segmentation, competitor analysis, strategic decisions involved in developing the marketing program, consumer buyer behavior, business to business marketing, global business, the role of marketing research and marketing information systems in the marketing decision-making process.

MBA 504 Financial Management 
This course is designed to examine the ways financial managers make their decisions at the corporate level. This course will focus on the decision-making process regarding cost of capital, capital budgeting, cash flow analysis, capital structure and other financial decisions. Prerequisites: MBA 500, MBA 501.

MBA 505 Strategies for Creating a Competitive Advantage 
This course focuses on how managers of organizations use the strategic management process to create and maintain a competitive advantage. Course topics include the analysis of external and internal environments, the impact of globalization on organizations, strategic decision making and competitive dynamics. Students actively participate in case study analysis, group decision making and computer simulation activities. Prerequisites: MBA 500, 501, 502, 503, 504.

Electives

.75 credit
Underlying the broad concept of sustainability is the notion that organizations need to focus on the value they add (or destroy) in environmental and social areas, in addition to the economic value they generate - the “Triple Bottom Line.” This course deepens a manager’s understanding of the concepts of sustainability and the triple bottom line and why they are important to all stakeholders, especially shareholders. Students will learn the standards and frameworks for applying these concepts to business, and become knowledgeable of the efforts underway to develop global “one report” requirements and standards. This course also explores the role of governance in managing the triple bottom line, and in meeting mandatory and recommended sustainability reporting requirements. Prerequisites: BUS 261 and BUS 262 or equivalent and BUS 340 or equivalent.Electives

MBA 508 Special Topics
This course will be offered occasionally as an MBA elective course in order to study topics of current relevance and interest which are not contained in the general curriculum. Prerequisites: Completion of the MBA core and permission of instructor.

MBA 509 Project Management
Project Management teaches students the art and science of project management as applied to a variety of business and technology settings. Students will learn and practice project techniques that relate to the five phases of project management-initiating, planning, executing, monitoring and controlling, and closing projects. The program allows students to immediately practice course concepts in various activities in which they will create key project documents including a business case, project charter, scope statement, WBS and a project plan.

MBA 517 Sales Techniques and Selling Strategies
This course is built on the notion of the important role of “selling” in business. The demands to meet customer needs in a professional and ethical manner will be the focus of the class. Various selling techniques will be explored, along with a concentration on the selling process and effective sales presentations. The class will also dig deep into the psychology of selling from both the seller and buyer point of view. The importance of time management will also be explored, along with the role compensation and incentives play in effective selling.

MBA 532 Sustainable Business Management Using the Triple Bottom Line
Underlying the broad concept of sustainability is the notion that organizations need to focus on the value they add (or destroy) in environmental and social areas, in addition to the economic value they generate - the “triple bottom line.” This course deepens a manager’s understanding of the concepts of sustainability and the triple bottom line and why they are important to all stakeholders, especially shareholders. Students will learn the standards and frameworks for applying these concepts to business, and learn about outgoing efforts to develop global "one report" requirements and standards. This course also explores the role of governance in managing the triple bottom line, and in meeting mandatory and recommended sustainability reporting requirements. Prerequisites: BUS 261 and BUS 262 or equivalent; BUS 340 or equivalent. Offered online.

MBA 545 Financial Statements Analysis
This course is designed to introduce students to the analysis of financial statements using ratios and modern financial theory. Emphasis will be on determining the health of an organization and the impact of certain events on the business and its financial statements.

MBA 550 Cultural Diversity in Organizations
This course examines the nature and role of culture and diversity in the workplace, ways to successfully leverage diversity, the implications of diversity for business operations, and understanding cultural differences in light of the global economy. Students will perform a comprehensive diversity analysis of a chosen organization and craft recommendations based on the analysis. In addition, they will create personal profiles and increase sensitivity to personal issues that affect the workplace.

MBA 558 Leading Change Management
This course is targeted toward external and internal consultants, as well as managers and other change agents within organizations. Leading Change Management fosters improved competency in the skills necessary during all phases of the change process—from diagnosis to interventions through evaluation. Organizational change issues are critically examined, and case studies, exercises and assessments are utilized, to better understand change from organizational, group and individual levels. Change models serve as frameworks that emphasize the importance of interactive consultative processes. A major organizational change project is required of all students. This is a leadership course focusing on strategies and strategic issues of change management within organizations. Offered online.

MBA 559 Leading Innovation and Technological Change
The ability to manage technological innovation has become an increasingly essential requirement for business people regardless of functional specialty. The objective of this course is to explore ways to create environments that are conducive to technological innovation. Throughout the course, students examine practices, models and approaches that new and established organizations employ to promote innovative practice, technological change and new technologies. The following topics will be covered: the innovation process, managing technical professionals, the impact of organizational design on innovation, knowledge management, cross-functional teams and exploiting new technologies within a focus of organizational strategy. Students will research new technologies and discuss potential business applications and issues associated with technologies. Offered online.

View areas of specialization and additional elective courses.

Elmhurst College reserves the right to modify courses, schedules and program format without advance notice to students.

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