The request to create MBA Concentration in Entrepreneurship and Corporate Venturing and six new MBAD courses

Memo Date: 
Thursday, July 28, 2016
To: 
Belk College of Business
From: 
Office of Academic Affairs
Approved On: July 8, 2016
Approved by: Graduate Council
Implementation Date: Fall 2017

Note: Deletions are strikethroughs.  Insertions are underlined.


Catalog Copy

Proposed Catalog Copy for the MBA Concentration in Entrepreneurship and Corporate Venturing

 

II. Concentration and Elective Component (12 credit hours)


Students complete twelve hours of restricted elective courses specified for a concentration plus an additional three hours as an unrestricted elective course.  Students may enroll in electives as soon as they complete the prerequisites for each course. MBAD 6890 - Directed Individual Study and MBAD 7090 - Special Topics in Business may be included in a concentration with permission of the MBA Program Director and the related department.

Concentration and elective requirements include:

 

Applied Investment Management


Required courses:


MBAD 5158 - Student Managed Investment Fund I (3)

MBAD 5159 - Student Managed Investment Fund II (3)

MBAD 6153 - Investment Management (3)

Plus one of the following:


MBAD 6155 - Multinational Financial Management (3)

MBAD 6156 - Commercial Bank Management (3)

MBAD 6157 - Advanced Corporate Finance (3)

FINN 6210 - Financial Elements of Derivatives (3)

 

Business Analytics


Required Courses:


MBAD 6201 - Business Intelligence and Analytics (3)

MBAD 6122 - Decision Modeling and Analysis via Spreadsheets (3)

MBAD 6207 - Business Project Management (3)

Plus one of the following courses:


MBAD 6202 - Managing IT-Enabled Business Processes and Systems (3)

MBAD 6203 - Information Systems Economics, Strategy and Policy (3)

MBAD 6204 - Management of Information Security and Privacy (3)

MBAD 6208 - Supply Chain Management (3)

MBAD 6211 - Advanced Business Analytics (3)

MBAD 6272 - Marketing Analysis and Decision Making (3)

MBAD 6281 - Pricing and Positioning Strategy (3)

MBAD 7090 - Special Topics in Business (1-4)

ECON 6112 - Graduate Econometrics (3)

ECON 6218 - Advanced Business and Economic Forecasting (3)

 

Business Finance


Required courses:


MBAD 6153 - Investment Management (3)

MBAD 6157 - Advanced Corporate Finance (3)

Plus two of the following courses:


MBAD 6151 - Financial Institutions and Markets (3)

MBAD 6154 - Applied Business Finance (3)

MBAD 6155 - Multinational Financial Management (3)

MBAD 6156 - Commercial Bank Management (3)

 

Energy


Required courses:


EMGT 5961 - Introduction to Energy Systems (3)

MBAD 6962 - Energy Markets (3)

 

Choose one from the following:


ECON 5181 - Energy and Environmental Economics (3)

EMGT 5963 - Energy Systems Planning (3)

EMGT 5964 - Case Studies in the Energy Industry (3)

 

Choose one from the following:


ECON 5181 - Energy and Environmental Economics (3)

EMGT 5963 - Energy Systems Planning (3)

EMGT 5964 - Case Studies in the Energy Industry (3)

EMGT 6901 - Advanced Project Management (3)

EMGT 6930 - Capital Cost Estimating (3)

FINN 6210 - Financial Elements of Derivatives (3)

MBAD 6157 - Advanced Corporate Finance (3)

 

Entrepreneurship and Corporate Venturing


Required course:


MBAD 6300 – Entrepreneurial Decisions (3)

 

Plus three of the following courses:


MBAD 6191 – Entrepreneurship Entrepreneurial Strategy (3)

MBAD 6278 – Innovation Analytics (3)

MBAD 6279 – Design Thinking and Innovation (3)

MBAD 6280 – Market Change and Innovating the Future Innovation and Change Strategy (3)

MBAD 6302 – Opportunity Recognition and Evaluation (3)

MBAD 6304 – Opportunity Exploitation and Organizing (3)

MBAD 6305 – Managing Conditions of Uncertainty (3)

MBAD 6306 – Corporate Venturing (3)

MBAD 6309 – Business Models and Business Plans (3)

 

Financial Institutions/Commercial Banking


Required courses:


MBAD 6153 - Investment Management (3)

MBAD 6156 - Commercial Bank Management (3)

MBAD 6157 - Advanced Corporate Finance (3)

 

Plus one of the following courses:


MBAD 6151 - Financial Institutions and Markets (3)

MBAD 6155 - Multinational Financial Management (3)

FINN 6210 - Financial Elements of Derivatives (3)

 

Global Business


Required courses:


MBAD 6193 - Global Business Environment (3)

MBAD 6197 - Managing the Multinational Enterprise (3)

Plus one course involving MBA-approved international study or travel (3)

And one of the following courses:


MBAD 6275 - Global Marketing Strategy (3)

MBAD 6155 - Multinational Financial Management (3)

 

Information and Technology Management


Required courses:


MBAD 6201 - Business Intelligence and Analytics (3)

MBAD 6202 - Managing IT-Enabled Business Processes and Systems (3)

Plus two of the following courses:


MBAD 6122 - Decision Modeling and Analysis via Spreadsheets (3)

MBAD 6204 - Management of Information Security and Privacy (3)

MBAD 6207 - Business Project Management (3)

 

Management


Choose four of the required courses:


MBAD 6162 - Leadership in Organizations (3)

MBAD 6163 - Managing People for Competitive Advantage (3)

MBAD 6164 - Executive Communication (3)

MBAD 6165 - Negotiation and Conflict Management (3)

MBAD 6191 – Entrepreneurial Strategy (3)

MBAD 6192 - Business Ethics and Corporate Responsibility (3)

MBAD 6193 - Global Business Environment (3)

MBAD 6197 - Managing the Multinational Enterprise (3)

MBAD 6207 - Business Project Management (3)

 

Marketing


Choose four of the required courses:


MBAD 6271 - Consumer Behavior and Strategy (3)

MBAD 6272 - Marketing Analysis and Decision Making (3)

MBAD 6273 - Brand Building and New Product Strategy (3)

MBAD 6274 - Advertising and Promotion Strategy (3)

MBAD 6275 - Global Marketing Strategy (3)

MBAD 6276 - Consumer Analytics (3)

MBAD 6277 - Social Media Marketing and Analytics (3)

MBAD 6278 - Innovation Analytics (3)

MBAD 6279 - Design Thinking and Innovation (3)

MBAD 6280 - Market Change and Innovating the Future (3)

MBAD 6281 - Pricing and Positioning Strategy (3)

MBAD 6282 - Marketing of Sports (3)

 

Quantitative Methods for Business


Required courses:


ECON 6112 - Graduate Econometrics (3)

MBAD 6122 - Decision Modeling and Analysis via Spreadsheets (3)

Plus two of the following courses:


ECON 6217 - Advanced Microeconometrics (3)

ECON 6218 - Advanced Business and Economic Forecasting (3)

ITCS 6500 - Complex Adaptive Systems (3)

MBAD 6211 - Advanced Business Analytics (3)

MBAD 6272 - Marketing Analysis and Decision Making (3)

 

Real Estate Finance and Development


Required courses:


MBAD 6158 - Real Estate Finance and Investment (3)

MBAD 6159 - Real Estate Development (3)

Plus two of the following courses:


MBAD 6160 - Real Estate Capital Markets (3)

MBAD 6258 - Site Feasibility Analysis (3)

MBAD 6259 - Applied Real Estate Development (3)

ECON 6250 - Advanced Urban and Regional Economics (3)

MSRE 6102 - International Real Estate Study Tour (3)

MSRE 6120 - Real Estate Law and Land Use Policy (3)

MSRE 6130 - Site Planning, Building Design, and Construction Fundamentals (3)

MSRE 6220 - Financial Analysis of Real Estate Investments (3)

MSRE 6230 - Construction Management (3)

 

Supply Chain Management


Required courses:


MBAD 6122 - Decision Modeling and Analysis via Spreadsheets (3)

MBAD 6208 - Supply Chain Management (3)

Plus two of the following courses:


MBAD 6201 - Business Intelligence and Analytics (3)

MBAD 6207 - Business Project Management (3)

ECON 6112 - Graduate Econometrics (3)

Student Structured Concentration


Students may propose a 12-semester hour concentration in a significant area of interest for approval by the Director of the MBA program. This concentration may include graduate courses from other programs within the University with approval of the related department.

 

Course Catalog Copy:

MBAD 6191 – Entrepreneurship Entrepreneurial Strategy (3) Prerequisite(s): MBAD 6131, MBAD 6152, and MBAD 6270, or permission of the MBA Program Director. An examination of entrepreneurship and entrepreneurs. Focus on planning the start-up of a fast-growth enterprise with the aim of rewarding the founders and initial investors with significant capital gains. Extensive use of case studies will provide a background of classroom activities to assist students in the preparation of a detailed plan for the hypothetical start-up of a fast-growth firm.

 

MBAD 6280 – Market Change and Innovating the Future Innovation and Change Strategy (3) Prerequisite(s): MBAD 6270. The prediction and exploitation of marketplace change and the development of strategies to dominate future markets through innovative transformation. Frameworks to help market-driven organizations change before circumstances force them to do so and to create innovation-driven consumer strategy for the future. Understanding demographic and consumer trends.

 

MBAD 6300 – Entrepreneurial Decisions (3) Prerequisite(s): None. A course that examines the important decisions that entrepreneurs make in forming new ventures, from founding a venture as an individual versus a team, to growth: how much and how fast, to self-financing versus debt versus equity, to rules: playing by them versus setting them.

 

MBAD 6302 – Opportunity Recognition and Evaluation (3) Prerequisite(s): None. A course that examines how to assess the environmental conditions that surface opportunities for entrepreneurs, including competitor and industry, product, technological, sociocultural, political/legal, economic, and global trends. Students would also be tasked with formulating innovative solutions to their discovered opportunities and assessing the attractiveness of their solutions via feasibility analysis.

 

MBAD 6304 – Opportunity Exploitation and Organizing (3) Prerequisite(s): None. A course that examines how entrepreneurs organize to exploit the opportunities they have recognized. Key topics within this course would include organizing rules, establishing routines, bootstrapping resources, market creation and market testing, and attracting/hiring/selecting employees.

 

MBAD 6305 – Managing Conditions of Uncertainty (3) Prerequisite(s): None. A course in which students would have to perform a number of different tasks undefined until assigned during the semester. Potential tasks might include creating a website, putting together a point-of-sale advertisement, selling a thousand candy bars, or organizing an event such as a business plan competition. Students would be rated equally and provided feedback on their behaviors and outcomes. Faculty would otherwise provide limited guidance.

 

MBAD 6306 – Corporate Venturing (3) Prerequisite(s): None. A course that examines the role of entrepreneurship within existing corporations. In particular, this course would cover topics that consider not only how corporations can more effectively incentivize entrepreneurial activities within their boundaries, but also how individuals can more effectively mobilize support and act entrepreneurially within corporations. In addition, this course examines how and why new ventures are organized within established corporations.

 

MBAD 6309 – Business Models and Business Plans (3) Prerequisite(s): None. A course that examines the formulation of business models and plans to detail how to appropriate value from recognized opportunities and innovative solutions. The business model captures a static view of the decisions needed to be made to create value, whereas the business plan provides a dynamic view of the decisions and investments needed to support a business's specific growth objectives.