Master of Business Administration Handbook
This handbook is designed to provide all Master of Business Administration (MBA) students with an organized reference to the procedures and regulations of the MBA program. Every effort has been made to present this information in a clear, concise form, which is useful to students.
Information is as current as of June 2019 regarding Westminster College’s Graduate School’s organization, procedures and regulations followed in the operation of the MBA program. The policy of the College is to give advance notice of change whenever possible to permit adjustment. The College and the Graduate School reserve the right to modify curriculum or to make changes in policies and procedures in the future. Such changes shall become effective whenever the administration may determine.
Westminster College and MBA Mission Statements
Westminster MBA Mission: Westminster College’s Master of Business Administration (MBA) emphasizes real-world business issues integrating: communication, accounting, finance, marketing, law, ethics, operations management and human resources in order for its graduates to thoughtfully and ethically lead in public and private sector organizations.
Westminster College Mission: The mission of Westminster College is to help men and women develop competencies, commitments and characteristics which have distinguished human beings at their best. The liberal arts tradition is the foundation of thecurriculum continually designed to serve this mission in a rapidly changing world.
The College sees the well-educated person as one whose skills are complemented by ever-developing values and ideals identified in the Judeo-Christian tradition. Westminster's quest for excellence is a recognition thatstewardship of life mandates the maximum possible development of each person's capabilities. The College thus realizes its mission in men and women who as students:
- Develop intellectual curiosity and the competencies to reason logically, evaluate critically, communicate effectively, imagine creatively, appreciate and produce aesthetic and creative expressions of humanity;
- Acquire a knowledge and appreciation of self, society, human cultures, and the natural world, and human relationships to God;
- Develop and demonstrate moral and ethical commitments to neighbor, society, and the natural world consistent with the understanding of self;
- Commit themselves to lifelong learning and the acquisition of skill for careers and responsible service as world citizens.
Master of Business Administration Program Student Learning Outcomes (SLO)
MBA SLO 1: The student will demonstrate competency in business knowledge and its application and will recognize the roles of leaders in shaping behavior to achieve individual and organizational success.
As results of MBA SLO 1, students will:
- Demonstrate a fundamental understanding of core business knowledge
- Demonstrate a fundamental understanding of strategy in the global environment
- Demonstrate competency in integrating knowledge across business disciplines
- Demonstrate an understanding of motivation and leadership concepts
MBA SLO 2: The student will demonstrate competency in applying business knowledge appropriate problem solving, decision making and critical thinking skills.
As results of MBA SLO 2, students will:
- Identify business problems, develop and critically evaluate and prioritize alternative solutions, and make recommendations and provide appropriate support
- Apply quantitative methods to business problem solving
MBA SLO 3: The student will demonstrate effective communication and interpersonal skills.
As results of MBA SLO 3, students will:
- Prepare effective business communication and reports.
- Make effective presentations in both individual and team settings.
- Demonstrate the understanding and application of teamwork.
MBA SLO 4: The student will recognize the ethical aspects of business.
As results of MBA SLO 4, students will:
- Apply appropriate professional legal and ethical knowledge in dealing with common ethical situations confronting managers.
- Describe the ramifications of unethical behavior.
MBA 710 Managing Communications and Information (3 credits)
- Persuasive business written and oral communications are essential skills that are required for career advancement in nearly every management profession. In this class, you will
learn how to communicate clearly and persuasively and to connect with their audience, in a way that inspires action.
MBA 720 Accounting and Finance for Decision Makers (3 credits)
- Students will develop the analytical skills needed to analyze corporate financial statements for use in financial analysis, and to interpret how accounting standards and managerial incentives affect the financial reporting process. You will gain an understanding of financial accounting fundamentals for prospective consumers of corporate financial information, such as managers, stockholders, financial analysts, creditors and other corporate stakeholders.
MBA 730 Marketing Management (3 credits)
- This course addresses how to design and implement the best combination of marketing efforts to carry out a firm's strategy. You will gain an understanding of how the firm can benefit by creating and delivering value to its customers. An emphasis will be placed onstakeholders and skills in applying the analytical concepts and tools of marketing (segmentation and targeting, branding, pricing, distribution, and promotion).
MBA 740 Business Law and Ethics (3 credits)
- This course uses the global business context to present to you important legal, ethical and cultural challenges you will face as business leaders. Cases and materials will address how business leaders, constrained by law and motivated to act responsibly in a global context, should analyze relevant variables to make wise decisions.
MBA 750 Business Analytics and Strategic Management (3 credits)
- This course emphasizes the value and process of business analytics and strategic management. You will develop fundamental knowledge and skills for applying statistical and management science models to business decision making. Topics to be explored arean organization’s vision, mission, and an examination of the principles, techniques and models of organizati onal and environmental analysis. Also discussed will be the theory and practice of strategy formulation and implementation, such as corporate governance and business ethics for the development of effective strategic leadership.
MBA 760 Human Capital Management (3 credits)
- Human Capital Management will expose students to practical skills for the general manager who seeks to manage both other people and his or her own career with optimal effectiveness. Topics covered will be best practices in the design of recruiting, performance- evaluation, and compensation systems; how to develop people, manage workforce reductions, have difficult conversations; and how to manage corporate culture and change. You will also learn how to develop as a professional, navigate career transitions, and evaluate choices strategically.
MBA 770 Operations Management (3 credits)
- You will learn to observe and analyze an organization from a systems- or process-perspective. From this lens, you will learn to design, operate, and improve the systems that deliver goods and services through operations management tools such as process flow diagrams, lean management, and decision trees. This course aims to familiarize youwith the major operational issues that confront managers, and provide you with the language, concepts, insights, and analytical tools to deal with these issues
MBA 761 Leadership and Teams (3 credits)
- Teams are a critical part of conducting business, helping to address challenging issues that require a diverse set of skills. h4 teams require capable leadership, attention to process, innovative ideas, excellent communication, and an appreciation for diversity. While much is known about what makes some teams more successful than others, few people are trained in how to effectively create, build, and manage teams. This course focuses on learnings and best practices in team formation, working on a team, leading teams, and managing multiple teams.
MBA 762 Negotiation and Conflict Resolution (3 credits)
- You will come to recognize the importance of negotiation and conflict resolution in a business. You will acquire a new catalog of negotiating and conflict resolution skills and develop a systematic and positive approach to negotiating with colleagues, bosses, clients, and other stakeholders.
MBA 763 Leading Across Boundaries (3 credits)
- Many businesses are global enterprises, operating beyond national boundaries and are subject to the forces of globalization. This course challenges the traditional approaches to management and organizational behavior by focusing on the international dimensions of leadership. To be successful, one must successfully lead in the global economy and appreciate the wide array of differences in cultures and social institutions. This course explores how cultures vary, how to recognize those variances and how to manage effectively within thoseenvironments.
MBA 751 Data Mining for Managers (3 credits)
- In this course you will be provided with a theoretical and practical understanding of core data mining concepts and techniques and hands-on experience in applying these techniques to practical real-word business problems. Less emphasis will be placed on the inner workings of each method and more on when and how to use each technique and how to interpret the results.
MBA 752 Econometrics (3 credits)
- In this course you will use econometrics and econometric techniques in financial and economic research and decision-making. You will focus on the practical application of economic theory to business strategy and tactics, with a special emphasis on empirical methods.
MBA 753 Risk Management (3 credits)
- Firms face operational and financial risks every day. In this course you will study the various methods of handling these risks, including loss prevention, risk retention, self-insurance, corporate insurance programs, and capital markets.
Health Care Management:
MBA 781 Population Health Informatics (3 credits)
- In this course you will explore the foundations of population health informatics, including information architecture, data standards and confidentiality as they pertain to population health management. You will also examine key concepts related to registries, electronic health records, epidemiological databases, bio surveillance, health promotion, and quality reporting in population health management.
MBA 782 Patient Experience and Engagement (3 credits)
- Patient-reported outcome measures include measures of health status, quality of life, and satisfaction with healthcare. This course provides an overview of the PRO measurement and research field, and discusses how to develop and evaluate a PROM with qualitative and quantitative methods. You will also explore the importance of understanding a patient’s genetic profile, the patient’s understanding of his or her illness, the patient’s culture’s values, beliefs, and norms to be considered toward illness and treatment, and the patient’s own goal for treatment and its outcome help form the basis for a team ‐ based decision regarding the patient’s care.
MBA 783 Policy and Finance for Healthcare Delivery (3 credits)
- In this course you will explore health policy and the essential tools and techniques of healthcare financial management, including healthcare accounting and financial statements, managing cash flow, billings and collections, making major capital investments, determining cost and using cost information in decision-making in a healthcare environment. You will also study health policy, i.e., the various ways in which the government plays a role in health and in the provision of health care. Also visited will be the accessibility, cost, quality of health care; the right to make decisions about our health; which are vitally tied to health policies
The Chair of the School of Business will serve all MBA students as academic advisor throughout the program. You should make an advising appointment for advisement immediately following admission to the program before registering for classes.
Dr. Robert Badowski
Thompson Clark 306