Nov 21, 2024

Mercy College 2021-2022 Graduate Catalog

Mercy College 2021-2022 Graduate Catalog [ARCHIVED CATALOG]

Business Administration, M.B.A.

John Fuller, M.B.A.
Chair, Department of Graduate Business and Program Director, MBA Program
914-674-7571
jfuller@mercy.edu

Purpose

The Master of Business Administration degree at Mercy College is rooted in over a quarter century of tradition. It is an evolutionary program, geared to the requirements of today and the vision of tomorrow. The basic philosophy of the Master of Business Administration Program is to provide the graduate with an insight into the wide spectrum of business activity.

Objectives

The objective of the Master of Business Administration program is to balance theory, reality, techniques and concepts that facilitate understanding of the spectrum of diverse management challenges. This is accomplished through the student’s exposure to a rigorous curriculum and a professional faculty with credentials in both corporate and academic disciplines. A strong, integrated approach produces a graduate who has developed foundational skills in analysis, oral communication and decision-making that foster an ever-evolving search for knowledge.

Expectations of the Graduate

Graduates of the Master of Business Administration program will be expected to demonstrate knowledge of:

The application of essential business skills in decision-making, identifying problems, evaluation of options and implementation of recommended solutions.
The utilization of foundational quantitative analysis and research skills to develop managerial strategies.
Diverse communication strategies within the global business environment.
The importance of today’s manager as a leader and facilitator.

Admission Requirements

In addition to the general requirements for admission and matriculation as noted in the Admissions section of this catalog, applicants must hold a Bachelor’s Degree from an accredited university with a GPA of 3.0 or higher. Applicants with a lower GPA may be considered with special parameters including an interview and a review of professional experience.

Applicants without an undergraduate degree in Business or Accounting or with an undergraduate degree in Business or Accounting over 5 years old, or with an undergraduate degree in Business or Accounting less than 5 years old with a GPA below 3.0 are required to successfully complete a one month, no-credit, no-cost leveling program (a.k.a. Turbo) prior to beginning the for-credit MBA Program. The leveling Turbo Program is intended to prepare students for success with their MBA studies by covering the material aspects of business-related subject matter typically covered in undergraduate business programs.

Program Requirements

Submit a completed Mercy College application.
Submit a baccalaureate transcript.
Submit a resume.
All international students must submit TOEFL scores and a formal evaluation of international coursework.

The applicant must have an acceptable record in undergraduate and other studies as reflected in official transcripts from all colleges and universities attended. Attention is given to overall grade averages, grade trends during undergraduate study and areas of scholastic strength. A strong knowledge of PC application in word processing database, spreadsheets and graphics is expected. Students with a GPA below 3.0 are required to make an appointment for an interview with the Graduate Business chair or designee. GMAT is optional. Information and application forms for the test may be obtained from the Educational Testing Service, Box 966, Princeton, NJ, 08540. (800-GMAT-NOW.)

Master of Business Administration

This curriculum is for students entering the program in Fall 2019.

Requirements for the Master of Business Administration include:

Core Courses	18 credits
Area of Concentration Courses	12 credits
Capstone Courses	6 credits
Total	36 credits

MBA Curriculum

Business Core Courses

Note: all core courses must be completed before concentration courses.

MBAA 501 - Financial Accounting Credit(s): 3
MBAA 502 - Corporate Finance Credit(s): 3
MBAA 507 - Introduction to Quantitative Analysis Credit(s): 3
MBAA 601 - Quantitative Methods in Business Research (cc) Credit(s): 3
MBAA 602 - Managerial Economics Credit(s): 3
*Plus choose one course from the following:
MBAA 604 - Operations Management Credit(s): 3
ACCT 742 - Financial Statement Analysis Credit(s): 3
HLCR 720 - Financial Management of Healthcare Institutions Credit(s): 3
*Accounting and Finance Concentration: Choose ACCT 742 .
*Healthcare Management Concentration: Choose HLCR 720 .
*All other concentrations: Choose MBAA 604 or ACCT 742 or HLCR 720 .

Total Credits: 18

Areas of Concentration

Students are required to take 12 credits of advanced graduate work beyond the Business Core. Advanced graduate courses that can be taken as a concentration course are defined as courses offered by the Graduate MBA Program numbered 700 to 799. For concentrations in Human Resource Management and Organizational Leadership, advanced graduate courses are numbered 500- 580 as listed in those concentrations below.

For a concentration, four courses must be in the same area. Areas of concentration include Accounting, Finance, Healthcare Management, Human Resource Management, International Business, Management, Managerial Analytics, Marketing, and Organizational Leadership.

A student may also opt for a dual concentration.

The following concentrations are offered:

Accounting

The areas of Accounting are designed to meet the needs of students preparing to work in the field of financial management and control, to expand their knowledge in these areas, or to enter or advance in the field of Accounting or Finance.

Four Accounting Courses are required for the concentration in Accounting:

ACCT 722 - Taxation Credit(s): 3
ACCT 737 - Advanced Cost Concepts Credit(s): 3
ACCT 765 - Accounting and Reporting Credit(s): 3
ACCT 798 - Independent Study in Accounting or Audit and Controls Credit(s): 3

Finance

The Finance area concerns itself with financial markets, corporation finance and security analysis. Emphasis is placed on the analysis of financial markets and financial management from the point of view of the economy as a whole as well as from that of the individual business organization.

Take any four courses (12 credits) from the following six courses:

FINC 701 - Money and Capital Markets Credit(s): 3
FINC 703 - Corporate Financial Policy Credit(s): 3
FINC 705 - Securities Analysis Credit(s): 3
FINC 710 - Corporate Mergers and Acquisitions Credit(s): 3
FINC 712 - Capital Budgeting Credit(s): 3
FINC 714 - Working Capital Management Credit(s): 3

Healthcare Management

This concentration prepares students for careers in the business of healthcare. Topics include medical ethics, finance, informatics, and systems.

Take any four courses (12 credits) from the following five courses:

HLCR 700 - Medical Ethics and The Law Credit(s): 3
HLCR 740 - Healthcare Entrepreneurship & Innovation Credit(s): 3
HLCR 760 - Healthcare Systems Credit(s): 3
HLCR 770 - Healthcare Policy, Politics and Management Credit(s): 3
HLCR 780 - Healthcare Informatics Credit(s): 3

Human Resource Management

This concentration provides preparation for careers in the field of human resource management. The courses examine various areas of human resource management, including quality measurement techniques, employment law, recruitment and selection, training and development, compensation, benefits and labor relations.

The following four Human Resource Management courses are required for the Human Resource Management Concentration:

HRMG 500 - Introduction to Human Resource Management Credit(s): 3
HRMG 520 - Quality Measurement Techniques and Tools for Human Resource Management Credit(s): 3
HRMG 525 - Management in a Changing Work Environment Credit(s): 3
HRMG 530 - Accounting and Finance for the Human Resource Professional Credit(s): 3

International Business

The International Business concentration focuses on decision-making in an international context and prepares professionals for positions within multinational organizations. Business functions are related to the sociocultural, political, legal and labor forces that affect global corporations. The international business concentration evaluates both theoretically and practically the opportunities and risks of doing business in an increasingly complex and interdependent world.

Take any four courses (12 credits) from the following five courses:

INBU 702 - International Finance Credit(s): 3
INBU 703 - International Trade Credit(s): 3
INBU 704 - Management of International Business Credit(s): 3
INBU 705 - International Marketing Credit(s): 3
INBU 706 - Comparative International Management Credit(s): 3

Management

The program of study in management stresses the application of analytic and critical skills to the business enterprise as a whole, as well as decisions the manager must make to plan, organize and control resources. Included in this area are courses in the selection and training of personnel, coordinating operations, production, planning, decision-making and program implementations.

Take any four courses (12 credits) from the following seven courses:

MGMT 703 - Project Analysis and Program Management Credit(s): 3
MGMT 704 - Managerial Planning and Control Systems Credit(s): 3
MGMT 705 - Management Decision Theory Credit(s): 3
MGMT 706 - Executive Decision Analysis Credit(s): 3
MGMT 707 - Small Business and New Venture Management Credit(s): 3
MGMT 708 - Management of Technology and Product Innovation Credit(s): 3
MGMT 723 - Behavior Concepts Applied to Management Credit(s): 3

Managerial Analytics

Courses in Managerial Analytics allow students to develop competency in understanding the concepts of using deep data analytics to provide clear and new insight surrounding business information. The courses examine data analytic concepts, data management, decision analysis, and data visualization.

Four Managerial Analytics courses are required for the Managerial Analytics concentration:

ANLC 751 - Introduction to Managerial Analytics Credit(s): 3
ANLC 752 - Data Management Credit(s): 3
ANLC 753 - Visualization Credit(s): 3
ANLC 754 - Fundamental Modeling Methods for Business (Formerly titled- Data Business Decision and Analysis) Credit(s): 3

Marketing

Courses in marketing are designed to offer the student the tools necessary for the managerial task of developing and distributing the company’s goods and services. The marketing area plays a fundamental role in the successful management of a business enterprise. It calls for a specific knowledge of marketing organization and an appreciation of the importance of marketing decisions in satisfying customer needs and generating profits.

Take any four courses (12 credits) from the following six courses:

MKTG 701 - Marketing Communication and Advertising Credit(s): 3
MKTG 702 - Marketing Research Credit(s): 3
MKTG 704 - Futuristic Marketing Credit(s): 3
MKTG 705 - Consumer Behavior Credit(s): 3
MKTG 708 - Industrial Marketing Credit(s): 3
MKTG 709 - Product Development Strategy Credit(s): 3

Organizational Leadership

This concentration provides preparation for leadership roles at all levels of organizations. The courses, which focus on ethics and leadership, motivational theory and practice, organizational behavior, and team building, enable students to develop their abilities to align people and motivate them to achieve organizational goals.

Take any four courses (12 credits) from the following nine courses:

ORGL 510 - Becoming a Transformational Leader Credit(s): 3
ORGL 515 - Practicing Ethical Leadership Credit(s): 3
ORGL 520 - Aligning Meaning and Purpose Credit(s): 3
ORGL 540 - Collaborative Communication Credit(s): 3
ORGL 545 - Leading Diverse Teams Credit(s): 3
ORGL 550 - Leading Team Projects Credit(s): 3
ORGL 570 - Building Sustainable Organizations Credit(s): 3
ORGL 575 - Developing Learning Systems Credit(s): 3
ORGL 580 - Implementing Change Initiatives Credit(s): 3

Total Credits: 12

Capstone Courses

The student may select one of two tracks to complete the Capstone requirement. Track I, for six credits, involves a Thesis or a Business Plan Preparation. A high GPA and thesis proposal are requirements for Track I. The Track II option is a comprehensive Case Study Analysis.

Track I MBAA 810 - Capstone Seminar I and MBAA 811 - Capstone Seminar II , Thesis, or Business Plan
OR
Track II MBAA 815 - Comprehensive Case Analysis I and MBAA 816 - Comprehensive Case Analysis II

Total Credits: 6

Total Program Credits: 36

Additional Program Information

Advisement and Plan of Study

Those students looking for advice and direction on academic issues, individual plans of study, course waivers and program requirements should contact the office of the Graduate Business chair or designee. Non-Degree students must obtain permission to register from the Graduate Business chair or designee before the beginning of each session.

All questions regarding degree requirements and waivers must be discussed with the Office of Graduate Admissions during the first session of study; no changes will be permitted thereafter.

Transfer Credits

Advanced graduate courses taken at other graduate schools of business prior to admission to the MBA program may be transferred for credit with the permission of the Graduate Business chair or designee, provided the student requests the transfer of credit in writing at the time of application. Transfer credit must be advanced work and is limited to six credits for courses with a grade of B or better completed within the five-year period prior to admission to the MBA program. The grades received in those courses for which transfer credit is granted are not computed in the quality-point average for work performed in the program. All transfer credits must be from courses completed within the last five years.

Maintenance of Matriculation

It is expected that students will fulfill the requirements for their graduate degree by registering over successive sessions. For cohort programs, registration is required during summer session(s). For non-cohort programs, summer registration is not required. Registration is accomplished by either enrolling in classes or maintaining matriculation. The Maintaining Matriculation fee is $100 per session and is processed as a registration.

Students who have not maintained matriculation and wish to return to their program within one year after their last course will be charged the Maintaining Matriculation fee of $100 for each missed session. Maintenance of matriculation without attending classes is limited to one year. Activated U.S. Military Reservists are not required to pay the Maintenance of Matriculation fee.

Procedures for Readmission

Students who have not attended classes for one year and who have not maintained matriculation, but are desirous of resuming their studies, are required to file an application for readmission with the Office of Graduate Admissions. Such students are required to re-enter under the existing admission standards and program requirements of the program at the time of re-entry.

Change of Status

Upon the satisfaction of all academic and/or technical deficiencies, the special matriculant must make a written request to the Graduate Business chair for the removal of deficiencies. Application forms are available in the Office of the Graduate Business chair.

Maintenance of Good Academic Standing

The cumulative GPA for both good academic standing and degree conferral is a 3.0. A student admitted as a Special Matriculant is required to achieve a 3.0 average or better after completing a certain number of credits as stipulated by their respective program. Grades are subject to review by the faculty advisor and Graduate Business chair at the end of each term. If the academic average falls below 3.0, the student will be placed on academic probation.

Students who have two or more Incompletes on their academic record will be put on an academic hold and will not be allowed to register. Future registration for any subsequent courses will not be permitted until all of the Incompletes but one are resolved and graded. A grade of F or FW in any graduate course is grounds for dismissal from the program.

Academic Probation

All students who have a cumulative GPA of below 3.0 will be placed on academic probation. If a student will not be able to achieve a cumulative GPA of 3.0 within a reasonable time, the student will be dismissed from the program. If a student receives a grade of F or FW in any course, the student may be subject to dismissal from the college. For all students on probation, future registrations must be reviewed and approved by the Graduate Business chair or designee of the student’s program as well as the school dean.

In all subsequent terms in which the student is on probation, the student is required to achieve a term GPA of 3.0 or better. If the 3.0 or higher is not achieved, the student will be dismissed. Students who receive a grade of less than B may be required to repeat the course. Students will be allowed to repeat a course only once.

Capstone Advisement

It is expected that Capstone students shall make satisfactory progress with their program’s culminating activity. After the student registers for all sections of their Capstone requirement, they will be given one subsequent term to complete their work. The Maintaining Matriculation registration must be completed for this subsequent term if no other courses are taken. After this period, a Capstone Continuation fee (equal to the cost of one graduate credit) will be charged for each additional term required to complete the project. Students can only register for Capstone Continuation for two terms.

A student’s degree will not be released until all Maintaining Matriculation and Capstone Continuation registration and fees are recorded appropriately on a student’s record.

Incomplete Grades

The grade of Incomplete may be granted for a course in which the student has not completed all course requirements due to extenuating and unforeseeable circumstances. The student must request an incomplete grade directly from the instructor; it should not be considered automatic.

All grades of Incomplete must be completed within one year. If not completed in a year, the course must be retaken.

Degree Requirements

Each candidate for a degree or certificate must have completed all course requirements with a quality point index of not less than 3.0. The words, “With Distinction” will appear on the diploma of a degree student whose quality point index, upon meeting all requirements for graduation, is at least 3.75.

Time Limit

Requirements for the MBA must be completed within five years from the date of the candidate’s admission (exclusive of time spent in the Armed Forces). Exceptions will be considered only if a student requests in writing an extension of time in advance and receives the approval of the Graduate Business chair and school dean.

Residency

A degree candidate must complete at least 30 credits of courses offered in the MBA program. To be in residence, the student must have registered for courses offered by Mercy College in the MBA programs.