Master of Business Administration (M.B.A.) degree programs incorporate graduate-level business classes. Students in these programs will take a number of business electives and courses.
Information on Graduate-Level Program in Business
Core coursework often taken by business students cover courses in statistics, economics, marketing, and leadership through doctoral and master’s degrees and certificate programs. Requirements differ by school.
Students in many programs are allowed to focus their studies on specific areas such as information systems, human resources, management, marketing, finance, taxation, or accounting. Interdisciplinary programs are offered at many schools, wherein students get the opportunity to earn an M.B.A. in conjunction with engineering, design, law, or another type of master’s degree.
In this article, we take a look at some of the courses included within a graduate business program.
Course on Concepts in Marketing
Students learn techniques and tools used to reach out to customers and to target demographics effectively. Among the topics discussed are electronic marketing strategies, business relationships, consumer behavior, and current marketing trends. A field element and a lecture component are typically included in this course, wherein students gain experience in the design and analysis of marketing strategies for real companies and products.
Course on Foundations of Entrepreneurship
The focus of this coursework is primarily on elements of new businesses, beginning with their conception and transitioning to their creation and beyond. Students learn about market research, financing options, and business plans. Strategies used in successfully operating new business ventures are also considered. A graduate business school program covers this advanced class in its second half.
Course on Human Resources Practices
An overview of practices and concepts related to the support and development of an organization’s workforce is taught in this course. Numerous issues are discussed, including discipline, employee development, staff hiring, recruiting, performance evaluation, and salaries. Ethical and legal considerations may also be part of this course.
Course on Managerial Accounting
Graduate business programs typically require this course on corporate finance and accounting practices. Students become adept at reading, preparing, and filing financial statements. They learn about the role of capital, its costs, and ways of securing it. Additionally, core coursework typically covers principles of financial control and cost analysis.
Course on Strategic Management Theory and Applications
Students enrolled in this course explore the procedures and processes that organizations use in identifying and meeting their goals. This lecture-based course may also cover opportunities for hands-on group and individual work. Students, who hone skills of assessment of organizational challenges, opportunities, weaknesses, and strengths, explore case studies. Every management specialization has this course as an integral component, and most M.B.A. programs require it.