MBA Course Descriptions

Foundation Prerequisite Courses

WGB 518 Introduction to Business Statistics     3 CR
This course employs extensive use of data and statistical methods to support and improve organizational decision-making. Topics include data visualizations, descriptive statistics, probability distributions, sampling, confidence intervals, hypothesis testing, regression analysis, and the use of computer software for statistical applications. The primary focus will be on the flexibility of the analysis, and the ability to present the results in an intuitive and understandable manner for greater organizational impact. The ethical issues related to big data will also be discussed.

WGB 519 Business Economics     3 CR
Basic concepts and analytical techniques from micro- and macro-economics, including supply and demand, price determination, market structures, fiscal policy, and the monetary system and policy. With a financial perspective, the course will also cover issues related to international economics including foreign direct investment, comparative advantage, and determinants of exchange rates.

WGB 521 Fundamentals of Management     3 CR
Using a framework of managerial roles and competencies, this course explores what management involves, how it affects people within an organization, why it is critical to the effective functioning of an organization, and how the accomplishment of management functions may vary in different cultural contexts. The course surveys competencies and knowledge necessary for successfully facing current challenges in the rapidly changing global business environment.

Breadth: Quantitative Competencies

Students without these competencies must take the prerequisite courses before the Integrated Core. Students with strong quantitative competencies may substitute two approved AC, EC or FN electives, which may be taken at any time during the program.

WGB 602 Financial and Managerial Accounting     3 CR
Financial Accounting and Reporting: Learn how to prepare and interpret financial statements. Understand the theoretical framework and knowledge of US financial reporting standards. Managerial Accounting and Control: Introduce and explore the essentials of providing relevant and useful corporate managerial accounting information for business decision makers.

WGB 603 Corporate Financial Management     3 CR
Provides an introduction to three key areas in finance - financial markets, financial management and valuation- focusing on how capital is effectively raised and invested in a value based management framework. Topics covered include: analysis of firm performance using financial ratios and other measures; techniques to assess new opportunities including new product lines, projects or corporate investments; an introduction to global capital markets; the relationship between risk and return; determinants of a firm's cost of raising capital and the basic factors impacting the value of financial securities.

Breadth: Business Competencies

Both courses are required. Students may take at any point in their program, before the capstone.

WGB 604 Business Competencies I     3 CR
This competency-based course will provide students with a solid understanding of the fundamental theories and principles in key business disciplines and will provide students with business skills to perform in a modern business organization.  Upon successful completion of this course, students will demonstrate competencies in business writing, business presentation, design-thinking, and talent management.

WGB 605 Business Competencies II     3 CR
This competency-based course will provide students with a solid understanding of the fundamental theories and principles in key business disciplines and will provide students with business skills to perform in a modern business organization.  Upon successful completion of this course, students will demonstrate competencies in business disciplines including Marketing, Supply Chain Management, and Management of Information Systems.

Breadth: Leadership Competencies

Both courses are required. Students may take at any point in their program, before the capstone.

WGB 612 Leading and Influencing with Integrity     3 CR
Leaders and managers at all levels in organizations must influence others to enable achievement of the organization’s objectives. Leading and influencing with integrity requires understanding of one’s self, other people, the situational and cultural context, as well as both current and future impacts of actions taken. Through course learning experiences students develop individual and organizational strategies to influence others, shape culture, manage change, negotiate, and facilitate employee engagement and performance so organizations can contribute to society in ways that are effective, responsible and sustainable.

WGB 614 Social and Legal Responsibilities in Business     3 CR
Sustainable organizational practices require managers to pay attention to the economic, environmental and social impact of organizational strategies and actions. This course focuses on ethical and legal issues that organizations and individual managers face in achieving triple bottom line sustainability. Ethical decision-making frameworks provide principles for dealing with challenges posed by technology, globalization and societal changes and for fulfilling personal as well as corporate social responsibility. Legal topics survey business regulation and processes, forms of business organizations, intellectual property and commercial transactions.

Integration Core

WGB 650 Strategic Integration     6 CR 
Organizational success relies on effectively leading and managing holistically across many disciplines.  This course takes a process-based approach to integrate fundamental knowledge of Marketing, Finance, Accounting, Supply Chain Management, Information Technology, International Business, and Human Resource Management based on a Strategic Management platform.  Classroom discussions are team taught with multiple professors, senior professionals, and experts using real-life business simulations.

Capstone

The Capstone should be taken as one of the last two courses in the students’ program of study, and after students have successfully completed the breadth and integrated core courses.

WGB 691 Welch Competency Demonstration and Implementation     3 CR
This is the capstone course of the MBA program. Through the Action Learning consulting project, cases, readings, and experiential exercises, students hone their management skills and make presentations to business practitioners, non-profit executives and faculty. Seminar topics cover corporate strategy, leadership, and sustainability and. Students prepare an E-portfolio to demonstrate their learning in the program as well as a personal and professional self-development plan. Prerequisites: WGB 640 and WGB 641 Dynamic Business Management I and II