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Graduate Business | BUSB

Jennifer ShoemakerPictured | Jennifer Shoemaker | Illinois State University, 1998 | Niles, Michigan (hometown)
Club Affiliation and Volunteer Activity | Woman and Manufacturing Association; volunteers in community theatre
Photo credit | Nathan Albert

Graduate Business | BUSB

P Prerequisite | C Co-requisite | R Recommended
I Fall Semester | II Spring Semester | S Summer Session/s

  • BUSB-A 501 Financial Accounting for Managers (1.5 cr.) The course is designed to be (1) an interpretation and understanding of basic financial statements; (2) the composition, analysis, and uses of financial statements; (3) the implications of accounting policy choices on management information and decisions; (4) and the relationships of accounting to other business disciplines.
  • BUSB-A 502 Managerial Economics (3 cr.) This course provides MBA students with the economic tools and techniques useful for managerial decision making. This course is divided into two parts. First, it covers the analytics and empirics of consumer, producer, and market behavior. Second, it covers the structure and performance of the economy as a whole.
  • BUSB-A 503 Statistical Applications (1.5 cr.) P: BUSB-A 511. Nature and uses of statistical data in business including probability concepts, Bayesian statistics, regression analysis.
  • BUSB-A 504 Information Technology for Managers (1.5 cr.) P: Phase I of M.B.A. or equivalent. This course provides a conceptual framework along with practical applications to teach the students the strategic role that Management Information Systems (MIS) plays for competitive advantage in a business environment. We will study various technology and process aspects of MIS using cases, projects, and in-class activities.
  • BUSB-A 511 Quantitative Business Analysis (1.5 cr.) This course will introduce various quantitative problem solving skills helpful in the workplace and reinforce the mathematical skills necessary for advanced business courses. There are two parts in this course including mathematical skills and computer skills. Students in this course will develop a proficiency in using business application software.
  • BUSB-A 514 Survey of Economics (3 cr.) Foundation course in economics designed for students who have not taken a year of introductory economics or whose background is inadequate for advanced course work in economics. Covers both microeconomics and macroeconomics. This course is designed for "common body of knowledge" purposes. May be exempt from this course by examination.
  • BUSB-A 525 Advanced Financial Practice (3 cr.) P: BUS-A 312. Development of accounting principles; theory and practice of income determination and financial condition; specialized industries' accounting practices; special accounting problems in various entity forms; consolidated financial statements.
  • BUSB-A 530 Advanced Auditing (3 cr.) P: BUS-A 424. Ethics for accounting profession; legal liability; audit risk analysis; statistical sampling; EDP auditing; internal auditing; forensic auditing; international auditing standards.
  • BUSB-A 531 Advanced Managerial (3 cr.) P: BUS-A 325 or BUSB-F 503. Use of quantitative methods in managerial accounting; behavioral implications of budgeting and management reporting; activity based costing/management; industry applications of managerial accounting and reporting.
  • BUSB-A 539 Advanced Tax Topics (3 cr.) P: BUS-A 328. Internal Revenue Code and Regulations; advanced aspects of income, deductions, exclusions, credits; special tax problems and issues in partnership and corporations.
  • BUSB-A 545 International Accounting (3 cr.) P: BUS-A 312. Currency translation, international harmonization, and financial control in multinational entities; develop sensitivity to national differences in form and content of financial statements; international accounting standards; international practice organizations and development of operations.
  • BUSB-A 564 Interpretation and Analysis of Financial Statements (3 cr.) P: BUS-A 312. This course provides students with the skills necessary to understand, analyze, evaluate and use the information available in corporate financial reports. Investigates corporate financial statements and related disclosures primarily from the perspective of financial statement users. Consideration of issues faced by corporate managers as they design reporting strategy.
  • BUSB-A 591 Advanced Independent Study (3 cr.) Approved investigation of specific technical or theoretical topics, as agreed by student and instructor.
  • BUSB-B 501 Communication Skills for Managers (1.5 cr.) This course provides you with the skills and practical experiences necessary to master fundamental concepts in business communication. You will learn how to create carefully planned and confidently delivered e-mails, presentations, memos, action plans, social media contributions, and other forms of business communication.
  • BUSB-B 502 Organizational Behavior i (3 cr.) A survey of major concepts relating to personality, learning, perception, motivation, leadership and group dynamics. Some emphasis is also placed on an analysis of organizational structures, management of change and organizational cultures. Exemption from this course is possible by passing the common body of knowledge placement examination for this area.
  • BUSB-B 503 Leadership and Change (3 cr.) P: Phase I and II of M.B.A. Role of the leader in responding to changing conditions and achieving sustainable competitive advantage via proud employees, loyal customers and responsive systems. Leadership at the small group and executive levels will be examined using experiential learning and a team study of an actual organization.
  • BUSB-B 504 Team Management (1.5 cr.) This foundation course within the MBA program aims to provide you with basic knowledge and skills related to teams, preparing you to lead and contribute to teams effectively. As noted in the syllabus schedule below, some sessions of this hybrid course are online while others are face-to-face meetings.
  • BUSB-B 521 Evidence Based Management (1.5 cr.) Managers are heavily swayed in their thinking and decisions by habit, fads, convention, and unrealistic levels of confidence (March, 2010; Pfeffer & Sutton, 2006). In contrast, managers practicing EBM learn how to rethink their approaches to data and knowledge in order to make more effective decisions. EBM means making decisions based on the best available evidence-with special emphasis on relevant scientific findings and unbiased organizational facts. It involves active use of decision practices that reduce bias and judgment errors and give due consideration to ethical concerns. This course promotes your understanding and use of EBM principles. It also guides you in developing the skills and knowledge needed to identify, access, and use quality evidence from science and practice in making better decisions.
  • BUSB-C 502 Legal and Ethical Environment of Business (3 cr.) P: Phase I of M.B.A. or equivalent. This is a survey of the legal environment within which business decisions are made. There is an examination of both the regulatory and ethical environment that affect the firm. The focus is upon the law of business organizations, including such areas as corporate, securities, labor, employment discrimination, agency and tort law. Other areas that have an impact upon the firm, such as the international legal environment, will be mentioned. Special attention is given to the impact that business firms have upon society, including the ethical questions inherent in the legal regulation of business.
  • BUSB-D 501 Management of Marketing (1.5 cr.) P: BUSB-A 514. The basic objectives of this course are to provide the MBA student: (a) an understanding of basic principles, concepts, and terminology applicable to marketing, (b) an appreciation of the scope and complexity of marketing decision making, and (c) insights into the relationships between marketing and other functional disciplines.
  • BUSB-D 502 Financial Management (1.5 cr.) P: BUSB-A 501. This introductory finance course (at graduate level) provides students with a sound knowledge of finance that will help them in their managerial objectives. This course focuses on business finance, but also incorporates investments and institutions as key elements in the financial management process. I, SU.
  • BUSB-D 503 Operations Management (1.5 cr.) P: Phase I of M.B.A. This course addresses aspects of decision-making for manufacturing and service operations.  The focus will be on the process of designing and providing goods and services for the marketplace.  The course will also address how to integrate operations into overall corporate strategy.
  • BUSB-D 505 Business Analytics I (1.5 cr.) Business decision-making relies on analysis of quantitative data for support. Transforming data into valued information involves various aspects of mathematical analysis, including probability, descriptive and predictive statistics, and optimization modeling. Business Analytics addresses various tools within a business context, describing how and when to best employ these various tools.
  • BUSB-D 506 Business Analytics II (1.5 cr.) Business decision-making relies on analysis of quantitative data for support.  Transforming data into valued information involves various aspects of mathematical analysis, including probability, descriptive and predictive statistics, and optimization modeling.  Business Analytics addresses various tools within a business context, describing how and when to best employ these various tools.
  • BUSB-E 510 Business Policy (3 cr.) P: Phase I, II, and III of M.B.A. [except electives]. This is one of the capstone courses for the MSBA program. An investigation of the foundations of managerial decision-making strategy. This emphasis is infused with traditional administration theory and contemporary organization theory. Included are such critical factors as a topology of policy decision, models of various decisional processes, the basis of its decisional power and its generation, and international business ventures.
  • BUSB-F 503 Decision Making Tools in Accounting (1.5 cr.) P: BUSB-A 501. A comprehensive consideration of cost concepts and the use of accounting data for investment, production, and pricing decision making; systems for product cost determination; and planning and control systems for decision implementation, including standard costing, budgeting, and measuring performance.
  • BUSB-F 506 Management of International Operations (3 cr.) P: Phase I of M.B.A. or equivalent. The particular environmental and managerial problems of international business. The course covers some theoretical issues in economic development, direct foreign investment, cultural differences, and international trade. Managerial topics include the impact of political, economic, and sociocultural conditions on the conduct of businesses abroad and the necessary adaptations in corporate strategy, marketing, production, finance, and human resource management.
  • BUSB-F 512 Advanced Administration Theory (3 cr.) P: Phase I and II of M.B.A. An investigation of the political nature of organizations, the sources of organizational authority, the nature and motives of authority, and the types of power and status.
  • BUSB-F 514 Investment Management (3 cr.) P: Phase I and II of M.B.A. A blend of theory and description, including consideration of the capital markets and investment instruments. Investment management begins with an understanding of how to invest and how to make investment decisions. This course further exposes students to the analytical techniques of securities selection, examines the process of forming their own portfolio by finding suitable securities, and instructs them how to manage this portfolio. Students should learn to think analytically and objectively in emulation of a professional investment manager. Allocation of investment capital and evaluation of the performances of the investment portfolio is part of the investment process that students learn.
  • BUSB-F 517 Financial Markets and Institutions (3 cr.) P: Phase I and II of M.B.A. Study of the aggregation and distribution of financial resources. Includes analysis of the money and capital markets, financial instruments and securities, interest rate theory, and the public and private institutions of our financial system.
  • BUSB-F 520 Semnar in Busines (3 cr.) P: Phase I and II of M.B.A. Selected topics in business.
  • BUSB-F 523 Managerial Decision Making Models (3 cr.) P: Phase I and II of M.B.A. Analysis and application of management science models in business and managerial decision making environment. Subject covered: linear programming, transportation models, non-linear programming, integer programming, dynamic programming and other management science models.
  • BUSB-F 530 International Finance (3 cr.) P: Phase I of M.B.A. or equivalent. Introduction to both the macro and the micro aspects of international finance. This course covers topics in the international financial environment such as the foreign exchange markets, balance of payments and international financial equilibrium relationships. Topics in international corporate finance include exchange risk management, multinational capital budgeting, and trade finance.
  • BUSB-F 533 Communication Skills (3 cr.) P: Phase I and II of M.B.A. Skills and techniques for successfully communicating with clients, and others; developing communication strategies; oral presentation, listening, and writing skills; professional reports presentation; multimedia technology aids; developing and implementing communication plans and strategies; different types of focused communication contexts; nonverbal and verbal messages; changing attitudes with communications; overcoming communication barriers.
  • BUSB-F 538 Leadership, Negotiation, and Human Resource Management (3 cr.) P: hase I and II of M.B.A. program. Assessment, learning, analysis, practice and application of leadership skills, self-awareness, time and stress management delegation and empowerment, power and influence, motivation, problem-solving, creativity and innovation, interpersonal communication, negotiation, conflict management and teamwork. I, II
  • BUSB-F 542 Strategic Financial Management (3 cr.) P: Phase I of M.B.A. or equivalent. Study of financial concepts and strategies that maximize the value of the firm. Topics include incorporation of financial forecasting, capital budgeting, capital structure analysis, mergers and acquisitions, financial instruments, lease financing, stock dividends, risk analysis, etc., and case studies.
  • BUSB-F 590 Independent Study (3 cr.) P: Phase I and II of M.B.A., permission of instructor, and approval of the program director. For students who wish to pursue special research problems in their M.B.A. program. Student is limited to one independent study course.
  • BUSB-G 513 Personnel Management (3 cr.) P: Phase I and II of M.B.A. An examination of the organization and administration of the personnel function. Deals with the relations of the personnel department to operating departments. Appraisal of personnel practices and policies.
  • BUSB-K 501 Computer Skills for Management (1 cr.) The course is designed to build computer skills of entering graduate business students. Topics will include spreadsheet, database, presentation, statistics, and Internet tools. Coverage of topics will be accomplished through hands on use of popular application packages.
  • BUSB-K 505 Management of Information Technology Projects (3 cr.) P: BUSB-D 503, BUSB-F 523, and CSCI-A 510. This course is to provide in-depth knowledge and training in the management of IT Projects. After completing this course, the student should know what must be done to complete small or large IT Projects and should possess skills in the tools employed in IT Project Management.
  • BUSB-K 506 Website Development Techniques (3 cr.) P: CSCI-A 505. The course provides students with knowledge and skills in the development of web sites to support electronic commerce. The emphasis in the course is on effective design and implementation issues related to web applications for business. Students are expected to become conversant with the tools and techniques used by builders of web sites. Topics include the technology of the internet, core network protocols, agents, commerce client technology, system design principles, among others.
  • BUSB-K 507 Enterprise Resource Planning (3 cr.) P: BUSB-A 501, BUSB-D 501, BUSB-D 502, BUSB-D 503, and BUSB-F 523. The purpose of the course is to provide an overview of enterprise resource planning (ERP) field to students. Topics covered will include principles of enterprise resource management, history of ERP, and differences between function oriented enterprise management and process oriented management. It covers issues related to planning and implementation of ERP systems. An ERP software (SAP R/3) will be used throughout the course to analyze various issues.
  • BUSB-K 510 Decision Support Systems (3 cr.) P: CSCI-A 510 and BUSB-F 523. The objective is to provide in-depth knowledge and training in adapting a variety of tools and techniques to develop DSS in support of complex decision problems.
  • BUSB-K 515 Electronic Commerce (3 cr.) P: CSCI-A 510 and BUSB-K 506. The course covers the technical, legal, and business concepts and skills required to manage a firm's activities related to doing business via computer networks.
  • BUSB-K 520 Business Process Re-Engineering Through Infromation Technology (3 cr.) P: BUSB-K 505 and BUSB-K 510. The course is to demonstrate, directly and by case studies, the relationships between business processes and information systems, human resources, and organizational capabilities that support the performance of the processes.
  • BUSB-K 521 Information Systems Design and Implementation (3 cr.) This course is a meld of business processes in the design, analysis and implementation of systems and advanced programming techniques. The course will teach students how to integrate databases to business applications and web-based applications. Implementation strategies and issues with implementation of ERP systems, database systems, web applications, and application integration projects will be discussed.
  • BUSB-K 585 Seminar in Management of Information Technology I (3 cr.) P: BUSB-K 510 and BUSB-K 520. Topics include artificial intelligence and intelligent agents, data warehouse and data mining, groupware, human computer interaction, information systems effectiveness, inter-organizational systems, knowledge management systems, managerial and organizational cognition, and virtual organizations and emergent commonalities.
  • BUSB-M 503 Applied Marketing Research (3 cr.) The purpose of this course is to introduce you to the very important area of Marketing Research.  This is the most basic course that explains different ways of identifying, collecting, and analyzing information about consumers, competitors, and the environment.  Such information is critical to make future marketing strategies more efficient and effective.  Taking examples from a number of different business sectors, this course will highlight the importance of marketing research in the business world today and for your marketing careers.
  • BUSB-M 512 Marketing Strategy (3 cr.) P: BUSB-D 501. The purpose of this course is to help you assimilate your learning of prior marketing classes into a holistic body and then help you think strategically about how to solve the problems facing the marketing manager.
  • BUSB-M 544 Managing Advertising and Sales Promotion (3 cr.) P: BUSB-D 501. Objectives of This Course: 1. The basic advertising and sales promotion concepts will be discussed. 2. The roles of the promotion function within the organization will be examined. 3. However, the design, management, and integration of a firm's promotional strategy will be emphasized.
  • BUSB-M 550 Consumer Insights (3 cr.) Understanding customers is fundamental to the success of any organization.  More importantly (to students' careers), success of marketing initiatives hinge on achieving desired customer responses, which in turn lead to good financial outcomes.  The purpose of this course is to provide students with a structured approach to understanding customer responses in its many forms.
  • BUSB-M 590 Independent Study in Marketing (1-3 cr.) Independent study projects must have the approval of the faculty member supervising the work, the department chairperson, and the B.A. office. For advanced MBA students engaged in special study projects.
  • BUSB-M 594 Global Marketing Management (3 cr.) This course focuses on the realities of global market competition, successful penetration of non-domestic markets, and competitive effectiveness in home markets.  Coverage includes the global market environment; global marketing strategy concepts; penetration strategies for non-domestic markets; multinational marketing strategy problems; regional market analysis.
  • BUSB-X 591 Graduate Internship in Business and Economics (2-6 cr.) This course engages students to learn in an area of the organization that permits to apply the concepts, applications, and skills that they have learned in the classroom.  Each intern is mentored by a faculty from the School of Business and Economics.
  • BUSB-X 592 Graduate Field Project in Business and Economics (3 cr.) This course engages students in conducting field projects in local business.  Teams of up to three students work with host firms to identify real business problems related to their fields of study in business and economics.  The team of students works with a faculty advisor to formulate and implement solutions to "real-world" business problems.

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