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COLLEGE OF MANAGEMENT MASTER OF BUSINESS ADMINISTRATION The M.B.A. Program combines the high quality of C.W. Post’s AACSB International accredited M.B.A. program, with the convenience of courses offered right here in Suffolk County. AACSB accreditation is a distinction shared by only 15% of business schools worldwide. Students progress through the program and graduate as a team. This structure well complements collaborative business models and supports the demanding educational experience of the program. The 48-credit curriculum is completed in 24 months and balances the best of contemporary managerial theory and practice. Courses include management, marketing, finance, accounting, international business, and management information systems. The M.B.A. degree is registered at the C.W. Post Campus. Students must complete a residency requirement. AACSB INTERNATIONAL ACCREDITATION
FINANCIAL AID/SCHOLARSHIPS
ADMISSION ELIGIBILITY REQUIREMENTS Applicants must hold a 4-year bachelor’s degree from an accredited college or university. Applicants who have attended institutions outside the United States must hold a degree equivalent to a U.S. bachelor’s degree. No specific undergraduate major is required for application. Applicants who are in their senior year at an undergraduate institution may apply for admission to the College, but acceptance will be made contingent upon submission of final grades and receipt of the bachelor’s degree. The College of Management’s M.B.A. Program has established the following criteria as the most critical in the evaluation of candidates for graduate study: 1. Scholastic achievement and a desire to excel as evidenced by previous academic work and an acceptable GPA. 2. Aptitude for graduate study as indicated by acceptable scores on the Graduate Management Admissions Test (GMAT). 3. Motivation, leadership potential and maturity as evidenced by prior work experience, extracurricular activities, letters of recommendation, and a written statement. APPLICATION PROCEDURES Application forms may be obtained from Long Island University’s C.W. Post or Brentwood Campus Graduate Admissions Offices. Applications are accepted continually throughout the year, but should be submitted as far in advance of the intended semester of study as possible. A complete application includes: 1. Application form 2. $30 application fee 3. Two letters of recommendation 4. Two Official college transcript(s) from all undergraduate, graduate and professional schools previously attended 5. Official GMAT Score Report 6. Official Test of English as a Foreign Language (TOEFL) Score Report (international students only) 7. Resume 8. Statement of professional objective (approx. 250 words)
Matriculation Policy A student is fully matriculated into the College of Management’s M.B.A. Program when all Master of Business Administration (M.B.A.) admission requirements have been met.
Probation/Unsatisfactory Grades Students are expected to maintain at least a 3.00 cumulative grade point average in the M.B.A. Program. Students who do not maintain this standard will be placed on probation. Any student who receives grades below (B-) in two graduate courses is considered to have an academic deficiency. A student who earns a third grade below (B-) may lose his or her matriculated status or may be dismissed from the graduate program. The Academic Standing Committee will make a recommendation to the Dean concerning the student’s potential to successfully complete the M.B.A. program. The Dean will make the final disposition of the case.
M.B.A. Prerequisites Students must demonstrate competence in the areas of business communications, math, and computer knowledge. Students without such evidence of proficiency in one or more areas at the time of the admission decision may be admitted to the M.B.A. program, but must satisfy one or more of the following before beginning the second semester of M.B.A. course work: 1. Similar undergraduate or graduate course with grades of at least B (3.00) 2. Successful completion of a waiver examination 3. Successful completion of a workshop CURRICULUM
COURSE DESCRIPTIONS GBA 520 Economics for Business Decisions Key micro and macro economic concepts and issues are used to equip students to analyze economic problems, and appreciate the implications of global economic events. Initially, the course develops key micro-economic concepts, including: the production possibilities frontier, declining returns, economic efficiency, construction of supply and demand curves, elasticity, perfect competition, the long-run supply curve, monopoly, price discrimination, and externalities. Then the course develops key macroeconomic concepts and tools to examine key policy issues, such as: National Income Accounting, the aggregate supply and demand curve, the supply and demand for money, fiscal and monetary policy, international trade, and the impact of changes in exchange rates. GBA 521 Financial Accounting and Reporting This course examines basic accounting concepts and methods and their significance to management and other users of financial statements. Topics include an introduction to fundamental accounting concepts; the measurement and reporting of income, financial position, and cash flows; and the measurement and reporting of assets, liabilities, and stockholders’ equity. Ethical issues are considered throughout this course. GBA 522 Corporate Financial Management Attention is directed at wealth maximization and managerial decision-making in a global market setting. Students learn and apply the basic principles by which the modern corporation manages its assets, controls its liabilities and raises new capital. GBA 523 Management and Leadership in a Global Society This course addresses contemporary management challenges stemming from changing organizational structures, complex environmental conditions, new technological developments, and increasingly diverse workforces. Highlighted are critical management issues involved in planning, organizing, controlling and leading an organization. The course focuses on leadership and ethics. Students will apply theoretical concepts in management to current organizational situations gaining analytical skills to make better professional assessments. Students will also make research-based oral presentations to further develop their communications skills. GBA 524 Marketing Management This course is an analysis of the operations of marketing systems. It familiarizes students with marketing principles and enables them to adapt marketing operations to opportunities in for-profit and non-profit organizations. Focus is placed upon the principal decision components that include market segmentation, marketing research, consumer behavior, product development, promotion, pricing and distribution. International and ethical issues are discussed. GBA 525 Statistics for Managers The course is designed to give a fundamental knowledge of the principles, concepts and techniques involved in the application of probability and statistics to business research and managerial decisions. The range of applications covers various functional areas such as finance, marketing, accounting, management, economics and production. Topics covered include descriptive statistics, probability concepts and techniques applicable in risk assessment and decision theory, statistical inference (estimation and hypothesis testing), and some basic forecasting models, including regression. MBA 620 Managing Information Technology and e-Commerce This course is devoted to the management of information resources in an organization. It will emphasize management concepts and strategies essential for the selection, development, design, implementation, use and maintenance of information and e-commerce technologies and information systems in today’s organizations. Business cases will be extensively utilized to facilitate classroom discussion. MBA 621 Financial Markets and Institutions This course provides the student with knowledge of global financial markets, the institutions that operate in those markets and the manner in which various markets and institutions interrelate. Topics covered include: types of markets and of financial institutions; determinants of interest rates; the risk and term structure of interest rates: money markets and capital markets; asset-backed securities; forwards, futures, options, swaps and other derivatives; equity markets; the role of central banks in the creation of money and in the conduct of monetary policy; and an examination of some recent developments in global finance. MBA 622 Competitive Marketing Strategy The course focuses on competitive marketing strategy, marketing planning processes, concepts and methods with a global orientation at the product level as well as at the corporate level. It emphasizes the relationship between marketing and other functions and draws upon perspectives from industrial economics, corporate finance and strategic management literature. Competitive marketing strategies and practices of contemporary firms are discussed as they relate to industrial and consumer products and services. The overall objective of the course is to help students incorporate and apply the skills, methods and insights they have acquired in prior marketing and other business courses in the design and implementation of marketing strategies. MBA 623 Organizational Behavior This course examines the important behavioral issues facing individuals as they try to be productive within organizations. Initially, focus is placed on the organizational factors that influence behavior. Next, the course examines the individual differences that influence behavior. Topics in this section include motivation, reward systems, and values and ethics. The course then focuses on the development of effective work groups to explore communication, negotiations, teams and the learning organizations. Selected topics in leadership conclude the course of study. MBA 624 Operations Management Operations Management is concerned with the efficient and effective transformation of resources into goods and services. This course is designed to develop the ability to analyze and improve the performance of operations processes in organizations. Topics to be discussed include operations strategy, product/service selection and design, capacity planning, quality management, facility location and layout, inventory management, business process reengineering, and supply chain management. MBA 625 Global Business: Environment and Operations This course introduces the student to the discipline of international business. It demonstrates the uniqueness of the international business environment and focuses on aspects of business necessary to compete in the global arena. The first half of the course focuses on the environmental context in which international firms operate. Factors examined include regional, socio-cultural, political, legal, economic, global trade, the investment environment and the global monetary system. Theories and concepts associated with these factors are surveyed and the forces of regionalization and globalization are discussed, including the facilitating institutions. The second half of the course examines the strategies and structures that firms adopt. It also explains how firms can perform their key functions (production, marketing, R & D, finance and human resource management) and compete successfully in the international business environment. MBA 820 Business Policy Business policy is an integrating course that prepares students for pulling together the diverse disciplines involved in organizational decision-making. The course explores formal and informal aspects of policy formation, its application and its consequences. Students deal with formal decision theory and practice, organizational theory and practice, marketing, personal policies and social conditions as they impinge upon and require new organizational thinking. This course develops students’ capabilities in strategic decision-making in a changing world. Issues involved are: the nature and tasks of general management, systems analysis, environmental analysis, financial statement ratio analysis, decision tree theory, product line analysis, situational analysis (with emphasis on managerial issue identification and ranking and the definition and measurement of organizational objectives) the concept of organizational strategy or mission, the formulation and evaluation of alternatives, the interrelationships between quantitative and qualitative analytical techniques, the roles of personal values, ethics, and political power; product life cycle, capital allocation, acquisitions and divestitures.
Brentwood Campus, Long Island University |
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The College of Management’s Master of Business Administration (M.B.A.) Program is accredited by AACSB International – The Association to Advance Collegiate Schools of Business, the world’s leading business school accrediting organization. AACSB accreditation is a select distinction shared by only a small percentage of the business schools in the world that meet the most demanding standards of academic excellence. The AACSB International accreditation brings prestigious value to your degree as employers recognize it as the gold standard in graduate business education. For more information about AACSB, visit www.liu.edu/aacsb| Long Island University | Brentwood Campus |