The request to establish a Master of Science in Management and ten MGMT courses
Date: October 27, 2016
To: Belk College of Business
From: Office of Academic Affairs
Approved On: October 7, 2016
Approved by: Graduate Council
Implementation Date: Fall 2017
Note: Deletions are strikethroughs. Insertions are underlined.
Summary
The Board of Governors approved the establishment of the Master of Science in Management (CIP 52.0201) at its meeting on May 18, 2017.
Catalog Copy
Master of Science in Management
The Master of Science in Management is a full-time, one-year, 30 credit hour program. The fifth-year MS in Management program is designed for recent graduates without a business background who are interested in gaining marketable skills in functional areas of business. The curriculum will provide students with a comprehensive overview of key business topics, making graduates marketable in today’s business world. Students will learn the fundamentals of business in areas such as finance, business analytics, marketing, operations, accounting, economics, information technology, ethics, organizational behavior, and leadership.
Additional Admission Requirements
In addition to the general requirements for admission to the Graduate School, the following are required for graduate study in the MS in Management program:
- An earned bachelor’s degree from a regionally accredited college or university in a non-business field;
- 1 letter of recommendation;
- A satisfactory score on the Graduate Management Admission Test (GMAT) or Graduate Record Exam (GRE); and
- A resume.
Students are admitted to the program by the Dean of the Graduate School based on the recommendation of the Belk College of Business MS in Management Program Director, in consultation with the Belk College of Business MS in Management Program Committee. Recommendations are based on the assessments of the Program Director and Program Committee of the candidate’s ability to complete the program, as supported by the application materials. If there are more candidates than can be accommodated, candidates are recommended in order of their perceived ability, promise of success, and suitability to the program.
Prerequisites
Students will be required to complete a college algebra course earning a grade of B or better prior to enrolling in the program.
Degree Requirements
The MS in Management degree program comprises 30 credit hours. The MS in Management is a one year, lockstep program consisting of 10, three credit hour courses. Up to 6 hours of coursework may be transferred from an AACSB-accredited institution of equivalent, based on the recommendation of the relevant academic department, approval of the Director of the MS in Management Program, and approval of the Graduate School. All students in the program must meet the Graduate School’s requirements for a Master’s Degree.
Required Courses
- MGMT 6100 – Quantitative Business Analysis (3)
- MGMT 6110 – Principles of Financial and Managerial Accounting (3)
- MGMT 6120 – Management and Organizational Behavior (3)
- MGMT 6130 – Economics for Managers (3)
- MGMT 6140 – Information Systems Management (3)
- MGMT 6150 – Managing Talent for Strategic Advantage (3)
- MGMT 6160 – Marketing from a Management Perspective (3)
- MGMT 6170 – Analysis for Financial Management (3)
- MGMT 6180 – Managing your Organization’s Operations (3)
- MGMT 6190 – Managerial Ethics and Leadership (3)
Grades
A student is expected to earn an A or B in all courses included in the program and must maintain a minimum cumulative 3.0 GPA (on a 4.0 scale) to graduate. An accumulation of three marginal C grades in any graduate coursework will result in suspension of the student’s enrollment. If a student earns a U in any course, their enrollment will be suspended and the student cannot take further coursework without being readmitted to the program. Readmission to the program requires approval of the Dean of the Graduate School upon the recommendation of the Program Director.
Admission to Candidacy
Students should consult the Graduate Catalog for deadlines and processes related to admission to candidacy.
Application for Degree
Students should consult the Graduate Catalog for deadlines and processes related to application for degree.
Advising
Academic Advising is provided by both the Director of the MS in Management program and Belk College Graduate Programs staff.
Transfer Credit
Up to six hours of appropriate graduate credit may be accepted for transfer from another AACSB-accredited (or equivalent) Master’s program. Only courses where grades of B or above have been earned will be considered. Approval from the Director of the MS in Management program and the Graduate School is also required. All other Graduate School policies regarding transfer credit apply.
Program Certifications/Accreditation
The Belk College of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB International).
MGMT 6100 Quantitative Business Analysis: This course will provide an introduction to the analytical foundations of business decision making. Students will learn to identify important issues to be considered when working with data to answer a question. They will also learn the basics of analyzing data and making decisions based on the analysis. Topics covered include basic statistics through regression analysis. (3)
MGMT 6110 Principles of Financial and Managerial Accounting: Accounting is the language of business. This course will teach students how to interpret financial statements to evaluate the performance and strength of a business. Student will also learn how organizations determines the cost of providing goods and services; uses accounting data for budgeting and profit planning; and identifies strategies for improving the quality of goods and services for customers while increasing efficiency, profitability, and sustainability of the organization. (3)
MGMT 6120 Management and Organizational Behavior: This course will examine individual, group, and organizational issues that affect and shape organizations. Topics will include individual differences, motivation, communication, decision-making, leadership, power, organizational structure and design, and change. (3)
MGMT 6130 Economics for Managers: Economics for managers covers the micro and macroeconomic concepts required to understand the environment in which business firms operate. Topics covered include supply and demand, the behavior of firms and consumers, business cycles, exchange rates, and the effects of monetary and fiscal policies. (3)
MGMT 6140 Information Systems Management: Information Systems are an essential tool for conducting business and gaining a competitive edge in an increasingly global economy. This course will educate future managers on conceptual foundations underlying the management of information resources. Students will also be exposed to widely used business applications software. (3)
MGMT 6150 Managing Talent for Strategic Advantage: Human resource management plays an important role in creating and sustaining competitive advantage. This course will focus on the manager’s role in attracting, developing, and retaining talent in organizations. Contemporary issues such as globalization, outsourcing, workforce diversity, mergers and acquisitions, downsizing, and occupational health, safety, and security will be explored in terms of their strategic value. (3)
MGMT 6160 Marketing from a Management Perspective: Since all companies (i.e., both for-profit and non-profit), require some form of selling to be in business, it is incumbent upon managers to have an understanding of marketing processes. This course will educate future managers on the psychology and sociology associated with consumer behaviors. Upon completion students will have the skills needed to make informed and critical decisions required for the company’s future profitability. (3)
MGMT 6170 Analysis for Financial Management: This course covers the theory and practice of financial management including financial instruments and markets, financial statement analysis, financial forecasting, cost of capital and capital budgeting, and evaluating investment opportunities. Students will learn the methods and techniques for assessing the financial health of a company, planning future financial performance, and creating value for shareholders. (3)
MGMT 6180 Managing your Organization’s Operations: The operations function is an integral part of every organization, and managers must be familiar with issues arising in this area. This course will educate future managers on understanding how to manage the provision of goods and services both effectively and efficiently, as well as understanding how to improve related processes. (3)
MGMT 6190 Managerial Ethics and Leadership: This class will involve an examination of the role and impact of management decisions on employees, customers, investors, and the environment. This capstone course focuses on management and decision making to facilitate ethical and sustainable organizations. (3)