Course Descriptions

GENERAL BUSINESS CORE: 18 CREDITS

GBA 510 Financial Accounting

A study of basic accounting concepts and methods and their significance to management and to the financial analyst. Topics include an introduction to financial statement analysis, the measurement of income and capital, accounting for fixed assets, inventory costing and price level changes, measuring and accounting for corporate debt, corporate investment in securities, and computer applications in accounting. This course does not require previous training in accounting.
Credits: 3
Rotating Basis

GBA 511 Corporate Financial Management

A study of the methods by which firms and individuals in a risky global environment evaluate stocks, bonds, and investment projects, combine those elements in optimal portfolios, and determine the best level of debt versus equity. The basic tools are risk versus return and the evaluation of future cash flows.
Rotating Basis

GBA 512 Principles of Management and Leadership

This course emphasizes the leadership dimensions of business management. Conceptually, it exposes the student to a range of perspectives on management and leadership. It covers the various research approaches to leadership, the roles played by business managers, and the competencies required for effectiveness. Experientially, it helps in assessing one's own leadership abilities, offers practical training in skills critical to business success, and provides the opportunity to create one's own Leadership Development Plan.
Credits: 3
Rotating Basis

GBA 515 Managerial Communications

This course is concerned with improving the way people within organizations communicate. It includes the interpretation and application of organizational communication theory for the working or aspiring manager. Topics include personal communication styles, media and tools for the manager/communicator, organizational communications climate, one-to-one communications, meetings and conferences, speaking before groups, written managerial communications, planning and producing business reports, and advertising managerial communications.
Credits: 3
Rotating Basis

GBA 516 Business Statistics

An examination of the fundamental principles, concepts and techniques involved in application of probability and statistics to business research and managerial decisions. The range of applications covers such various functional areas such as finance, marketing, accounting, management, economics and production. Topics include descriptive statistics, probability concepts and techniques applicable in risk assessment and decision theory, and statistical inference (estimation and hypothesis testing).
Credits: 3
Rotating Basis

GBA 517 Fundamentals of Management Information Systems

A survey analysis of the role of information systems in business strategy. Information systems are shown to be facilitators of market penetration, competitive advantage and organizational change. The material is presented within an integrated framework, portraying information systems as being composed of organization, management and technology elements. Topics include: organizational and technical foundations of information systems; applications of information systems to operational, tactical and strategic decision making; management of information as an organizational resource and various information architectures; emerging new information systems technologies; various approaches to building information systems; and issues related to management of information systems.
Credits: 3
Rotating Basis

ADVANCED BUSINESS CORE: 18 CREDITS

MBA 611 Global Economic Environment of Business

An analysis of the global economy in which business operates today. Attention centers on the key policy issues and major economic forces that affect business activity, and on the tools necessary to evaluate those issues and forces. The former include unemployment, inflation, fiscal policy, budget deficits, monetary policy, the changing financial environment, the role of the U.S. dollar, productivity, and international trade. The tools of analysis include the portfolio approach, post- Keynesian and modern monetarist approaches, rational expectations, and state-of-the-art analysis of saving and investment. The course also explores the role played by U.S. and world financial markets in influencing the domestic and global economic environment.
Credits: 3
Rotating Basis

MBA 614 Operations Management

An analysis and synthesis of important problems encountered in the management operations of a business organization. Analytical methods employed in solving problems such as inventory, queuing, network models, linear programming and PERT are explored. Emphasis is on problem solving and decision making in such areas as investment in operations, production planning, scheduling and control, reliability, and maintenance.
Credits: 3
Rotating Basis

MBA 630 Financial Services and Capital Markets

This course is a survey of money markets, the banking function, investments, and new corporate financing techniques in relation to global macroeconomic activity. Emphasis will be given to understanding the principle forces that shape U.S. and global money and capital markets. Money creation, the demand for money, and the relation of money to inflation and financial flows will be reviewed in a national and international context. Interest rates and their behavior will be examined carefully within the context of offering a broadbased introduction to the financial world, the changing role of competitive financial institutions and the effects of these changes on fiscal and monetary policy.
Credits: 3
Rotating Basis

MBA 632 Marketing Management and Strategy

This course focuses on strategic planning, problem solving, and management of the marketing function. The principal components of marketing operations, including product development, promotion, pricing and distribution will be discussed, as well as the processes, concepts, and methods of marketing strategy at both the product level and the corporate level. The marketing strategies and management practices of contemporary firms will be examined as they relate to industrial and consumer products and services. The relation between marketing and other business functions will be reviewed as well.
Rotating Basis

MBA 633 Organizational Behavior in a Global Society

This course analyzes both the formal and informal aspects of organizational behavior as well as the ethical demands on the business organization for social responsibility. Topics cover issues of human behavior in an organizational context, such as individual patterns of motivation and behavior, norms and values, ethical dilemmas, communication, teamwork, collaboration versus conflict, and group dynamics. Organization-wide issues such as leadership, superior/subordinate relationships, and organizational change are also explored. The moral, legal, and political challenges which arise as a result of conducting business in a global society are discussed.
Credits: 3
Rotating Basis

ADVANCED COURSES, FINANCE CONCENTRATION: 12 CREDITS 

FIN 702A Money and Capital Market Applications

Study of financial markets as allocators of funds and distributors of risk. Emphasis is given to the roles and functions of financial intermediaries. Theories of financial asset pricing are considered as they help to determine risk and return in competitive markets. The pre-requisites of GBA 510, 511 and 514 are required. 
Credits: 3
On Demand

FIN 704 Financial Reports Analysis

Survey of the analytical tools and techniques used to evaluate the current financial position of the firm. Financial reports are analyzed for growth potential, solvency, earnings quality, investments, and forecasting implications. Topics include: business and financial trends, proper adjustments of financial data, cash flow forecasting, estimation of debt risk premiums, and identification of likely candidates for acquisition and high bankruptcy risk firms.
Credits: 3
On Demand

FIN 705 Securities Analysis

Introduction to the theory and practice of security analysis, including the valuation of individual securities, valuation of the stock market as a whole, portfolio management and investment strategies. Investment risks will be analyzed and measurements of risk, including duration and convexity, will be examined. An introduction to derivative securities and international investments will be included. The pre-requisites of GBA 510, 511, 514 and FIN 704 are required.
Credits: 3
On Demand

FIN 707 Portfolio Management

This course considers the most effective methods of meeting investment objectives for individual and institutional portfolios (specifically pension funds, endowment funds and mutual funds). Focus will begin with dedicated equity and fixed income portfolios and then progress to asset allocation and management strategies for mixed portfolios. Alternative techniques for managing risk, including derivatives, will be explored. Portfolio management, implementation and performance measurement will be analyzed and appraised in terms of economic shifts, yield curve changes, tax and legal considerations. The course makes heavy use of computer programs for portfolio management and analysis. Actual individual and institutional portfolios, managed by large and small institutions, will be examined. The pre-requisites of GBA 510, 511, 514, FIN 704 and FIN 705 are required.
On Demand

FIN 710 Corporate Mergers and Acquisitions

Study of business enterprise growth through merger and acquisition. Topics include premerger planning and fact finding, legal and accounting considerations, financing aspects, tax and antitrust problems, personnel issues, postmerger integration and valuation techniques. International and domestic mergers and acquisitions are considered. Case studies are employed. The pre-requisites of GBA 510, 511, and 514 are required.
Credits: 3
Rotating Basis

FIN 715 International Trade

Includes a review of international trade, its magnitude, direction, and industrial classification, as well as the institutions (GATT, etc) facilitating it. The course focuses on practical techniques and problems of exporting and importing with special attention to small business. Topics include: sources of marketing information, techniques of payment and collections, currency fluctuation problems and balance of payments analysis, sources and uses of funds to finance foreign trade, and government assistance. The pre-requisites of GBA 510, 511, 513 and 514 are required.
Credits: 3
Rotating Basis

FIN 750 Financial Problems Seminar

Selected foreign and domestic financial and economic developments are analyzed. Emphasis is upon integrating acquired financial knowledge with the problems under study. The pre-requisites of GBA 510, 511 and 514 are required.
Credits: 3
On Demand

FIN 752 New Venture Creation

Managing and financing a new venture, whether as a new corporate entity or as an independently initiated business of one's own, is both a management and finance challenge of the first order. Tomorrow's business leaders need to develop and understand the entrepreneurial spirit. They need to understand what transpires before, during, and after the decision to create or implement a new venture, be it in a small or larger enterprise. This course equips the student with the skills needed to grasp and implement the general managerial responsibilities required to be a successful venture creator. It also provides training in how to create a business plan, determine ethical decision making, and assess deal valuation. Additionally, the student learns the various resource requirements, finance options, and methods to obtain funding for prospective ventures.
Credits: 3
Cross-Listings: FIN 752, MAN 752 
Rotating Basis

ADVANCED CERTIFICATE IN HEALTH CARE SECTOR MANAGEMENT COURSES: 12 CREDITS

HCM 710 Health Care Sector Organization

This course provides a comprehensive examination of healthcare organizations and systems. Students examine the healthcare sector from the standpoints of payers, providers and suppliers. New developments in the biotechnology, medical device, pharmaceutical, genomic, and healthcare information technology industries are reviewed, along with an introduction to the major healthcare legal issues and policy challenges that face managers in this sector, including adaptation to new federal policy initiatives in such areas as Medicare and Medicaid. 
Credits: 3
Rotating Basis

HCM 720 Health Care Sector Finance

This course focuses on the application of financial analysis to decision-making in the healthcare sector. The course will cover a range of topics reflecting the complexity of healthcare finance, such as revenue generation for healthcare institutions, departmental budgeting and monitoring, managed care contracting issues, collective bargaining agreements, financial reimbursement and fee-for-services methodologies, cash flow projections, cost accounting and financial reporting. 
Credits: 3
Rotating Basis

HCM 730 Health Care Sector Information Management

The goal of this course is to prepare students to manage and maximally utilize healthcare management information systems to accomplish their professional objectives. Students will understand the role information technology plays in a variety of healthcare processes. The course will address the use of a number of existing core databases, including financials, sales, and human resources. It will examine new information technologies that have been developed specifically for consumer directed healthcare, and other recent industry developments. 
Credits: 3
Rotating Basis

HCM 750 Advanced Seminar in Health CareSector Management

The goal of this course is to deepen the managerial and analytical competencies needed to assess current regulatory, legal, organizational, and financial issues and to ensure that quality healthcare services are delivered to patients and other stakeholders. Based upon an understanding of contemporary healthcare organizations and the dynamic forces in the healthcare industry environment, this course emphasizes the healthcare executive's role in setting management strategy, building a strong management team, and empowering the employee workforce. 
Credits: 3
Rotating Basis

ADVANCED COURSES, MANAGEMENT CONCENTRATION: 12 CREDITS

MAN 702 Theories of the Organization

Survey of organizational theories with particular emphasis on goal setting, assessing, achievement and displacement. Topics include: the relationship of authority, role responsibility, organizational structure, design and culture. Students will diagnose organizational functions, analyze deficiencies and determine ways of adapting organizational structure to realize goals.
Credits: 3
On Demand

MAN 703 Project Analysis and Program Management

Survey of managerial criteria for effective project planning and management. Topics discussed: establishment of objectives, cost benefit analysis, planning methods, organizational concepts, causes of conflict, conflict resolution, and options in allocation of resources.
Credits: 3
Rotating Basis

MAN 704 Managerial Planning and Control Systems

Formulation of integrated long-range and strategic plans relating to organizational objectives, expense centers, performance centers and investment centers. Also studied are methods of performance measuring and information handling.
Credits: 3
On Demand

MAN 705 Management Decision Theory

Survey of the decision-making processes and methods for examining, defining, analyzing and solving complex problems. Emphasis is on defining objectives, value systems and methods for identifying and assessing alternative courses of action.
Credits: 3
On Demand

MAN 722 Human Resource Management

A review of the major areas of human resources administration. Topics include: selection and replacement, compensation, training and development, labor relations and employee services. These activities are viewed from the position of both the large and small firm.
Credits: 3
Rotating Basis

MAN 724 Organizational Development

Survey of contemporary training and development problems with emphasis on the relationship between development and the organization's personnel decisions. Techniques of personnel training are examined, along with approaches to organizational change.
Credits: 3
On Demand

MAN 725 Work People and Productivity

Analysis of the problems of the occupational environment in small and large enterprises. Emphasis on the practical problem-solving that is of immediate concern to the participants. Topics include: survey of new approaches to motivation, attitudes, job satisfaction, job enrichment, monotony, fatigue, working conditions and conflict resolution, quality circles, and productivity.
Credits: 3
On Demand

MAN 750 Management Seminar

Limited to advanced MBA students, this seminar offers an opportunity to examine critical issues that arise in the management of business organizations. This course focuses on the special challenges of managing organizational change – a critical core competency for the business organization and the ultimate test of leadership for the business executive.
Credits: 3
Rotating Basis

MAN 752 New Venture Creation

Managing and financing a new venture, whether as a new corporate entity or as an independently initiated business of one's own, is both a management and finance challenge of the first order. Tomorrow's business leaders need to develop and understand the entrepreneurial spirit. They need to understand what transpires before, during, and after the decision to create or implement a new venture, be it in a small or larger enterprise. This course equips the student with the skills needed to grasp and implement the general managerial responsibilities required to be a successful venture creator. It also provides training in how to create a business plan, determine ethical decision making, and assess deal valuation. Additionally, the student learns the various resource requirements, finance options, and methods to obtain funding for prospective ventures.
Credits: 3
Cross-Listings: FIN 752, MAN 752
Rotating Basis

CAPSTONE COURSE: 3 CREDITS

MBA 811 Business Policy

An examination of the fields of policy making and management that integrates the work covered in the graduate business curriculum. The viewpoint is that of senior general managers who set companywide objectives and coordinated departmental policies and activities. As an integrating experience, students are expected to bring their acquired business knowledge to bear on managerial decision-making. Through readings in strategic management, case analyses, and a computer-based simulation, students take the role of executive team members to test their skill in the use of financial, marketing, and management variables in competition with other student teams on the campus and in other universities. Selected guest lecturers and a major written project round out the learning experience.
Credits: 3
Rotating Basis

HCM 810 Health Care Sector Management Capstone

This course, taken in the final semester of the MBA Program, constitutes a practical application of principles learned in the Advanced Seminar (HSM 750). It involves completion of an individual study project in healthcare management based on a realworld problem in healthcare. Under faculty supervision, each student will select a current problem in healthcare -- typically within his/her current organization -- to examine in detail. Students will be expected to research the issue; draw upon previous coursework in management, organizational behavior, and financial analysis; produce practical strategies to resolve the problem and to implement workable solutions. Students will share progress on their respective projects in class meetings and a written report (in three parts) will be submitted by each as a final requirement for graduation. The pre-requisite of HCM 750 is required. 
Credits: 3
Rotating Basis

Plan of Study

Structure of the Program

The basic structure of the M.B.A. program consists of four levels:

• General Business Core – Six courses (18 credits) * at the 500 Level
• Advanced Business Core – Three courses (9 credits) at the 600 level
• Concentration – Four advanced courses (12 credits) in Management, Finance, Healthcare Sector Management or The Business of Pharmaceutics/Biothecnology at the 700 level                                  
• Capstone Course – One course (3 credits) at the 800 level

The general business core courses are particularly important for students who have not had previous work in economics or business, or who lack comparable business experience. Students lacking relevant business experience may be required to complete a three credit internship course. A student who majored in economics or business administration as an undergraduate may qualify for a reduction of some or all of the general business core courses, reducing the total requirements of the program. Further information can be found in the paragraph on waivers.

Credit Waivers and Transfers

Students with undergraduate and/or graduate business administration training may petition the Academic Standing Committee of the School to waive courses in the general business core, up to the maximum of four courses (12 credits). Students with relevant business experience may be waived from the business internship course. Students shall have received grades of at least 3.0 (B) in two courses for each general business core course to be waived. If courses are waived for students, their performance in the remaining general business core courses will be used to assess eligibility for M.B.A. matriculation.

Master of Business Administration (MBA) with Concentration Options 33-42 credits

Core Courses:  Required 15-18 credits

*Required only for those pursuing the MBA who have no relevant business experience

Advanced Courses: Required 9 credits

Concentration: The Business of Pharmaceutics/Biotechnology (Four Courses, 12 credits)

 Concentration:  Finance (Four Courses, 12 credits)

Concentration: Health Care Sector Management (Four Courses, 12 credits)

Concentration:  Management (Four Courses, 12 credits)

Capstone:  Required (3 credits)

Finance Concentration

(MBA CONCENTRATION OR ADVANCED CERTIFICATE)

The Finance concentration stresses the application of analytical skills to the arena of business finance. The Finance major provides the tools essential to effective financial analysis and management in such areas as allocation of resources, financial reporting, capital markets and investing, corporate mergers and acquisitions, international trade and finance, and the capitalization of new ventures.

The advanced certificate gives graduate an advanced credential which helps to establish their expertise and knowledge in Finance and related fields.

Students must complete four Finance for a total of 12 graduate credits. Classes meet weekly, either on a Saturday morning or one evening during the week. The four courses are:

All courses are taught by outstanding healthcare leaders – faculty practitioners who have advanced degrees and extensive experience in the healthcare field. The advanced certificate can be completed in two semesters over a nine-month period.

COURSE DESCRIPTIONS

FIN 702A Money and Capital Market Applications

FIN 704 Financial Reports Analysis

FIN 705 Securities Analysis

FIN 707 Portfolio Management

FIN 710 Corporate Mergers and Acquisitions

FIN 715 International Trade

FIN 750 Financial Problems Seminar

FIN 752 New Venture Creation

Healthcare Sector Management Concentration

ADMISSION REQUIREMENTS & PROCEDURES

Admissions requirements for the Advanced Certificate in Cyber Security for Business Professionals are identical to those of the LIU Hudson MBA program:

Full Matriculation Status Requirements

The standards for admission as a fully matriculated student into the graduate-level Advanced Certificate program are as follows:

1. A Bachelor’s degree from an accredited institution.
2. A minimum undergraduate GPA of 3.0.
3. Official transcripts from all colleges and universities previously attended (foreign documents must be accompanied by a certified English translation).
4. Two letters of recommendation.
5. A written statement outlining the applicant’s objective for seeking admission into the Advanced Certificate for Cyber Security for Business Professionals program. The statement should address the reason you are interested in pursuing graduate work in this area of study and what career prospects you hope to pursue.
6. Current resume or CV.
7. Official score report of the TOEFL examination required of all applicants with degrees from foreign colleges or universities.

Interested students who have not met all admission requirements will be advised by the Program Director of all options for matriculating.

COURSE DESCRIPTIONS

HCM 710 Health Care Sector Organization

HCM 720 Health Care Sector Finance

HCM 730 Health Care Sector Information Management

HCM 750 Advanced Seminar in Health Care Sector Management

HCM 810 Health Care Sector Management Capstone

PLAN OF STUDY

Advanced Certificate in Healthcare Sector Management (3 credits each) - 12 Credits

Management Concentration

The Management concentration deals with the challenges encountered by the general manager at the level of the enterprise as a whole. The student majoring in Management has the opportunity to master the competencies required to create business strategy, direct operations, supervise employees, build teams, manage projects, create new businesses, and lead organizational change.

COURSE DESCRIPTIONS

MAN 702 Theories of the Organization

MAN 703 Project Analysis and Program Management

MAN 704 Managerial Planning and Control Systems

MAN 705 Management Decision Theory

MAN 722 Human Resource Management

MAN 724 Organizational Development

MAN 725 Work People and Productivity

MAN 750 Management Seminar

MAN 752 New Venture Creation

Business of Pharmaceutics and Biotechnology Concentration

(MBA CONCENTRATION OR ADVANCED CERTIFICATE)

This innovative program of study is designed for Scientists who need to gain a broader understanding of the business of drug discovery, development and commercialization. It is also designed for Business operations professionals who need insight into the science, regulation, and development processes leading to the commercialization of pharmaceutics, biotech and related products.