MBA Course Offerings

Courses change each semester, so this list should not be considered a commitment to these individual topics. However, this does represent a list of many of our current and popular courses. The list is provided so that you can begin to imagine your academic career at Millikin in this major.

MB501. MBA Bootcamp A business simulation model is utilized to refresh and develop business knowledge and skills in business disciplines including accounting, finance, marketing, and production. (1 credit)
MB510. Personal Values and Business Ethics A fundamental building block of leadership is a strong code of ethics based on personal values. A leader's decisions require consistent judgments and a duty to follow the law of the land. This course examines the legal environment of business, the changing social context of business responsibility and the values and ethics of leaders. (3 credits)
MB520. Globalization and World Economics The global context of business in an increasingly open market with diverse cultures and systems necessitates an understanding of how international markets and their cultures operate. You are challenged to expand your understanding of business to its international dimensions. (3 credits)
MB530. Financial Fundamentals Financial decisions are at the heart of the long-term growth of a firm. This course covers the basics of finance including the issues of capital financing, the significance of financial ratios, financial markets and the ethical responsibility of the firm to its financial stakeholders. (3 credits)
MB540. Financial Accounting The course is paired with Financial Fundamentals in order to develop an understanding of financial accounts including balance sheets, income statements and cash flow statements. In addition, this course develops the techniques and principles for measuring performance and monitoring costs for decision making. One focus is on taking apart complex cost structures and the use of this information to make good pricing and managerial decisions. (3 credits)
MB545. Personal Development Practicum Managing yourself is a pre-requisite to managing others. This practicum focuses on a manager's need to set goals, organize and plan activities, and manage commitments effectively. (1 credit)
MB550. Marketing Analysis and Management This course covers essential marketing topics of distribution, place, profit, price, and promotion to set the stage for understanding some of the basic considerations in marketing and management strategy. Explore the ever-evolving exchange of information on the internet, the real-time connection with suppliers and customers and how it is leading to new methods of marketing products and services. (3 credits)
MB560. Cases in Financial Decision Making The central theme of this course is the shareholders' wealth creation. It builds on all previous MBA courses and integrates strategy, marketing, economics, accounting and finance. This course combines finance theory with practical applications and uses case studies to develop a deeper understanding of the complex issues involved in strategic financial issues confronting corporate management. It focuses on the major wealth drivers - growth, free cash flows and the cost of capital - in the context of various decision-making situations, such as financial planning, capital budgeting, optimal capital structure, and mergers and acquisitions. (3 credits)
MB565. Team Development Practicum In the course of your career, the skills and attitudes you develop lead to positions of greater authority. Moving to supervisory and management roles is aided by an appreciate of how teams operate, how they can be encouraged or stifled and the rules for enhancing their performance. (2 credits)
MB570. Leading & Changing Organizations Leading organizations is a people-centered activity highly influenced by the ethical values of leaders. Managers get the work of the business done through people by setting goals and executing action plans; leaders help motivate people by setting the compass of a business, by creating a vision, setting values, and building bridges to the community, to ideas about the future and to internal stakeholders. This course examines leadership management and its ethical and value-based foundation. (3 credits)
MB571. Health Care Finance

This course focuses on key financial management principles, concepts and decisions that help manage and create value for health care organizations. A broad range of topics will be covered, including: an overview of health care financial budgeting and pricing, reimbursement methodologies, health care accounting, managing cash/billing/collections, and an analysis of financing major capital investments. (3 credits)

MB572. Health Care Leadership This course serves as an introduction to the basics principles of leadership and direction for those who are interested in supervision and management of health programs. Management theories describing human behavior applied in health care settings are covered. Emphasis on professionalism, medical/staff relations, governance, stress, job attitudes, motivation, leadership, decision-making, communication and teamwork. In addition, a personal assessment of personality type will be conducted. Discussion will cover how this self-knowledge can help in developing leadership capabilities. (3 credits)
MB573. Health Care Process Management

Making sure that all patients in a healthcare system are receiving the highest quality of care and services is the responsibility of every healthcare provider, manager and leader. Simultaneously in recent decades there has been an increasing awareness of significant risks associated with healthcare. As a result, it is incumbent upon healthcare systems to develop increasingly effective methods of assuring quality healthcare, a positive experience for the patient and his/her family, and the detection and mitigation of the risks associated with modern healthcare. Beyond the moral and ethical obligation to do so, continuous quality improvement and focus on positive patient experiences is necessary for healthcare organizations to remain viable in an increasingly competitive market.

The aim of this course is to familiarize the student to the context and history of continuous quality improvement, the ways that that quality is assessed quantitatively and qualitatively, knowledge of performance improvement methodology development over time, with an emphasis on state-of-the-art and evolving methods, development of management-level critical thinking in healthcare problem solving, from day to day situations to organizational strategic priorities. (3 credits)
MB574. Health Care Policy & Economics

This course presents an overview of major issues related to the design, function, management, regulation, and evaluation of health insurance and managed care plans. Provides a firm foundation in basic concepts pertaining to private and public sector health insurance/benefit plans, both as provided by employers and government agencies such as Medicaid and Medicare. Although the emphasis is placed on the US, the material is applicable to international students who are interested in financing and organization of highly developed medical care delivery systems in other nations. (3 credits)

MB580. Management The field of management has developed analysis and insights into the nature and techniques of managing people and processes in order to achieve goals and produce work. This course focuses on management topics ranging from employment practices to negation techniques in order to develop a solid foundation for management practices. (3 credits)
MB585. Delegation and Motivation Practicum Delegation is necessary in building a team. Training, development and feedback are part of the delegation process. This practicum focuses on the stages of delegation and situational leadership. (2 credits)
MB590. Strategic Management Raising capital, planning growth, targeting/assessing acquisitions, setting quality levels, and a host of other business policy choices affect the ultimate success of a business. Unfortunately, for most of us the choices we make usually take a long time to play out, making it difficult for many of us to see the future impact of present decision. There is no better teacher than experience, but there is no more costly education. This course seeks to tie together decisions and consequences through case studies and simulations. (3 credits)
MB600. Business Plans As MBA students, participants have essentially set a personal goal of improving their business skills and acumen. This final project is designed to add one more integrating experience to business knowledge. By designing a business plan, each team of associate sill bring together the elements of finance, marketing, management, leadership and ethics into a well-thought-out plan. (3 credits)
MB605. Management and Leadership Values Practicum Values are a self-fulfilling process. Studies indicate that the most successful managers believe that people are capable and willing to work hard. This practicum explores the issue of motivation and values. (1 credit)
MB610. International Immersion The International Immersion is an intensive experience at a leading foreign graduate school in Europe or Asia. Students will take approximately 40 hours of instruction on issues of international business designed to raise the understanding of business practices outside the US. This on-location experience will expose students directly to the culture, business practices and leadership attitudes outside the United States; help prepare students for overseas assignments with their company; and expose students to the thinking and beliefs of internationally known professors and international business executives. (3 credits)
MG567. Process Improvement The lifeblood of any organization is its ability to keep up with what our customers want and demand from our organization. In order to keep up with the continually changing customer needs and the environment in which we must provide them it is important to identify and improve our processes. These processes extend beyond the manufacturing processes but include the processes of how we interface with our customers both before and after delivery. To be effective every member of the organization must understand what they provide and who they provide this product or service to, whether inside or outside the company. The student will gather current data and receive feedback from the process owner as to thoroughness and feasibility of the solution. (3 credits)
MG570. Operations Management A practical study of the decisions required to design, operate and control a manufacturing or service operations. This course explores the various relationships between these organizational decisions, operations and other disciplines within the organization. The relationships are discussed and documented through the use of business process management and Visio. The organizational decisions explored include forecasting, planning of personnel and equipment, inventory planning and control, scheduling, project management, theory of constraints, and quality assurance. The MBA student will demonstrate mastery of the course through the application of one or more topics in a detailed workplace analysis. The student will gather current data and receive feedback from the process owner as to thoroughness and feasibility of solution. (3 credits)
MG575. Project Management The objective of this course is to master the principles of efficient project planning and control - needs analysis, work breakdown, scheduling, resource allocation, risk management, and performance tracking and evaluation - within the timeframe and cost projection stated in the overview section. Concepts and techniques will be developed by navigating through a recent textbook in project management and through a popular project management software package. The MBA student will demonstrate mastery of the course through the application of one or more topics in a detailed workplace analysis. The student will gather current data and receive feedback from the process owner as to thoroughness and feasibility of solution. Pre-requisite: MG570. (3 credits)