Program Description
The Master of Business Administration (MBA) online degree program of Richmindale College is an advanced and comprehensive leadership and management development program targeting early career professionals to transform them into competent business leaders who can perform greater responsibilities and broader leadership roles. This program is designed for those aspiring leaders and career professionals who do not want to put their careers on hold and would like to propel their career to new heights. Students will be equipped with concepts, principles, and competencies in business administration that will support their development as effective managers.
The length of the program is 4 semesters and requires 36 credit units to complete.
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Courses
The following courses with a total of 36 credit hours are required for the awarding of the Master of Business Administration (MBA) degree. The courses below are arranged based on a typical sequence that students can follow. Students may change the sequence of courses as long as the course requisites are followed.
It is important for MBA degree applicants to have basic knowledge or exposure in accounting, project management, and management information systems to prepare for the MBA degree program. Although these are not part of the admission requirements because applicants may get exposure on these areas in different ways, those who do not have such exposure may find the MBA degree courses challenging. As such, Richmindale College recommends those applicants to take the appropriate courses from Richmindale College or other school. The appropriate courses.
| Course Code | Course Title | Pre-requisite | Credit |
|---|---|---|---|
| Semester 1 | |||
| BUS-601 | Contemporary Business Research and Trends | 3.0 | |
| This course provides deeper knowledge on how to properly plan and execute research. It introduces quantitative and qualitative methods of conducting meaningful inquiry and research. This course includes the following topics: overview of research intent and design, methodology and technique, format and presentation, and data management and analysis, and statistical methods. | |||
| ACC-601 | Accounting for Decision Making | 3.0 | |
| This course capitalizes on financial and managerial accounting that can be used to develop skills in reporting, performance evaluation, and ethical decision-making to improve organizational performance. This course is designed to enhance analysis and evaluation skills in financial accounting that are fundamentals to interpreting and measuring data for decision-making and evaluation. The core topics of this course include preparation and use of financial and managerial accounting information applied in planning, budgeting, control, break-even analysis, and pricing, including the impact of business economics. | |||
| MAT-601 | Applied Mathematics | 3.0 | |
| This course introduces the mathematical study of general scientific concepts and principles that are beneficial in business management, computing and engineering, including topics such as propagation, equilibrium, stability, optimization, computation, statistics, and random processes. This course also covers the use of Office software applications, programming and information technology. This course may require each student to purchase a Microsoft Office license separately as an additional cost. | |||
| Semester 2 | |||
| BUS-602 | Human Capital Management | 3.0 | |
| This course introduces the language and issues of marketing with an emphasis on learning to develop responsive marketing strategies that meet customer needs. The course focuses on basic marketing concepts, the role of marketing in business, and the role of marketing in society. This course also provides invaluable inputs on market segmentation, product development, promotion, distribution, and pricing, marketing research, international/global marketing with relevance to cultural diversity, ethics, the impact of technology in marketing, careers in marketing, and the external factors such as economics, politics, government, and nature. | |||
| BUS-603 | Marketing Management | 3.0 | |
| This course introduces the language and issues of marketing with an emphasis on learning to develop responsive marketing strategies that meet customer needs. The course focuses on basic marketing concepts, the role of marketing in business, and the role of marketing in society. This course also provides invaluable inputs on market segmentation, product development, promotion, distribution, and pricing, marketing research, international/global marketing with relevance to cultural diversity, ethics, the impact of technology in marketing, careers in marketing, and the external factors such as economics, politics, government, and nature. | |||
| FIN-601 | Financial Management | ACC-601 | 3.0 |
| This course is designed to apply the planning, monitoring and controlling concepts in production and operations, and examine distinctive competitive advantages by exploiting new technologies to increase efficiency. This course explores methods in incorporating mathematical tools to guide management and employees on what decisions are best for the organization. This course also covers topics such as supply chain management which involves strategic materials sourcing, forecasting, warehousing, inventory planning and control, transportation, and purchasing. | |||
| Semester 3 | |||
| BUS-604 | Production and Operations Management | ACC-601 | 3.0 |
| This course explores the application of the methods, tools and techniques to write, review, analyze, continuously improve, automate, and implement business processes. This course covers the methods involved in making a lean enterprise (e.g. kaizen, six sigma) for better efficiency, and the use of information technology and computer programming to automate processes for better productivity. | |||
| BUS-701 | Global Business Management | BUS-601, BUS-603 | 3.0 |
| This course introduces the basic tools, processes and practices of financial management for decision making. This course encompasses corporate finance concepts to ensure practical and efficient decisions and resolve issues that challenge corporate financial managers in making financial and investment decisions. This course covers topics such as capital structure, payout policy, advanced capital budgeting, basic derivative and real option valuation, leasing, and investment banking. This course also covers essential topics such as multiple cash flows, business valuation, capital budgets, working capital, and long-term financing as behavioral finance, international finance, acquisitions and mergers, and risk management. | |||
| PRJ-701 | Strategic Project Management | BUS-602, FIN-601 | 3.0 |
| This course explores the application of the concepts and frameworks in setting up project management organizations, and the use of standard processes, tools, techniques and practices in aligning projects with organizational strategies and managing projects using different project management methods such as the waterfall and agile methods. This course also covers the techniques in evaluating the strategic effect and impact of project management in complex organizations. | |||
| Semester 4 | |||
| BUS-702 | Business Process Optimization and Automation | BUS-604 | 3.0 |
| This course explores the application of leadership principles by understanding human behavior, team motivations, and the connection between individuals and their organization. This course covers broad methods for establishing guidelines, utilizing talents, allocating personnel and assigning roles, as well as building trust while establishing accountability. Other topics include culture, organization structures, power, politics, organizational change, and workplace conflict. | |||
| BUS-703 | Leadership and Organization Development | BUS-602, FIN-601 | 3.0 |
| This course explores the application of tools, techniques, practices and strategies in managing complex organizations in a global context, considering international business opportunities and threats for demand and supply. This course covers the importance of historical artifacts related to the evolution of strategic management, investigate the driving forces of strategy deployment in highly competitive markets, analyze the impact of strategies in the organizations’ quest to compete on the global landscape, and examine the complexities of resource allocation within complex organizations. | |||
| MBA-790 | Capstone: Global Business Strategy(Thesis) | BUS-701, FIN-601 | 3.0 |
| This course provides an opportunity for students to demonstrate their conceptual, analytical, research and practical management skills from the different courses of this program by writing a comprehensive thesis related to global business strategy. This course gives emphasis on the development of a business strategy in a global perspective that covers different approaches in identifying and analyzing trends, solving businessrelated issues, and using information technology to get wider market reach for global opportunities. This course provides a closely supervised experience resulting in a paper that demonstrates the ability of students to synthesize and utilize the skills and knowledge they have gained throughout this program. | |||
| ECO-103 | Prinicples of Macroeconomics | 3.0 | |
| This course explores how business leaders and managers utilize accounting information to make sound decisions. This course covers analysis of financial information to solve problems and develop strategy to minimize cost and maximize profit. | |||
| Total Credit Hours | 36 | ||
