MBA - Professional Accounting Specialization
The MBA curriculum in the Professional Accounting specialization is designed to teach students seeking an MBA in accounting the core practices and procedures used to develop internal and external reporting for an organization. This specialization teaches assurance techniques associated with external auditing.
MBA - Professional Accounting Specialization - Program Outline
| Code | Course Name | Credits |
-
- This course focuses on problem solving techniques that take into consideration all aspects of the organization: the people, informal organization, work, formal organization, and external culture. Students are introduced to a process to identify management problems through root-cause analysis, diagnose the causes of the problems, recommend solutions, and plan implementation.
-
- This course focuses on analyzing the marketing environment, including customers and competition, as well as how the marketing efforts align with the strategic goals of the company. As part of the MBA curriculum, students learn to determine which customers should be targeted in the marketing effort, choose which products the company should offer, establish how and when customers will be informed about the product, determine the best pricing strategy for a product and decide the best way to get the product to market.
-
- Major topics in this MBA curriculum course include profit-maximization for a competitive firm, economic allocation of costs, price discrimination and other pricing strategies, pricing with market power, and an introduction to game theory.
-
- This course introduces the fundamental financial concepts managers use to make crucial corporate investment decisions. Students in the MBA curriculum will also encounter important concepts such as free cash flow and the cost of capital. Students will learn to use techniques such as net present value (NPV), internal rate of return (IRR), Capital Asset Pricing Model (CAPM), capital budgeting, and regression output to distinguish between systematic and unsystematic risk.
-
- This course focuses on how managers use corporate accounting information for making business decisions. Major topics include the use of financial statements and accounting information to determine profitability and financial performance, risk, differences in structure and business models, and the relationship of cash flow statements to the balance sheet and income statements, and the use of ratios to assess the quality of a company's accounting information, and the use of internal operating metrics.
-
- Many decision situations such as optimization and risk lend themselves to quantitative modeling. The first major topic is optimization using linear programming, non-linear programming and integer programming with the Excel add-in Solver. The other major topic is Monte Carlo simulation using the Excel add-in Crystal Ball to analyze decisions involving uncertainty and risk.
- Many decision situations such as optimization and risk lend themselves to quantitative modeling. The first major topic is optimization using linear programming, non-linear programming and integer programming with the Excel add-in Solver. The other major topic is Monte Carlo simulation using the Excel add-in Crystal Ball to analyze decisions involving uncertainty and risk.
-
- This course introduces the student to an integrated framework for global management. This framework focuses on the relationships between organizational structure, environment (market and non-market), and strategy-the Organization-Environment-Strategy ("OES") triangle. This approach offers managers a systematic way of thinking about basic global strategy decisions and key tradeoffs.
-
- Part of the MBA curriculum, this course includes industry analysis, six forces analysis, identifying competitive advantages, and strategy evaluation.
-
- Major topics include engineering business processes, choosing the right architecture for production systems, capacity sizing and timing, lead time management, and supply chain management.
- Major topics include engineering business processes, choosing the right architecture for production systems, capacity sizing and timing, lead time management, and supply chain management.
-
- Effective managerial decision making and financial planning through accounting information and costing systems, performance evaluation and control of operations, budgeting, and management of assets.
-
- Accounting concepts and principles are combined with accounting practices and methods in order to provide a comprehensive presentation of the discipline of financial accounting. Interpretation and use of financial statements is covered with a focus on the complementary relationships between the accrual and historical cost-based traditional financial statements, on the one hand, and the newer statement of cash flow on the other. Specific topics include: accounting for revenues, expenses, assets, liabilities, and owners' equity; financial statements, and accrual income and framework for financial statement analysis.
-
- Fundamentals of auditing principles and procedures under generally accepted auditing standards will be covered. Auditor's reports, professional ethics and legal responsibilities, EDP considerations, statistical sampling, applications in auditing, the role of internal control in relation to the auditor and substantive audit procedures of assets, liabilities and equity capital will be reviewed. Communication of auditor findings to applicable parties will also be studied.