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Course Requirements

The LeTourneau MBA is a 36-credit professional business degree to prepare people for management in functional areas, such as finance, human resources, information technology, marketing or planning. It contains a common core of 8 courses, followed by a 3-course specialization, with a 1-course capstone.

Below is an outline of course requirements for LeTourneau University’s Professional MBA. Courses are offered in an online format and in hybrid formats tailored for industry clients.

 


CORE COURSES

  • LETU 5000 Graduate Orientation
    Introduces the history and culture of the university and highlights important policies and procedures. Students explore the writing skills and library resources needed to undergird a successful graduate experience. Students utilize online course management tools and become familiar with Blackboard by completing a practice exercise in the course discussion forum area, safe assignment area, and completing an assessment quiz. This course takes approximately 12 hours to complete. 0 Credits.
  • BUSI 5113 Entrepreneurial Leadership
    Based on exemplars of invention and engineering such Thomas Edison, R.G. LeTourneau, and Wernher Von Braun, this course explores the ingenuity and faith that leaders need to create, found, adapt and manage new ventures in today’s global integrated economy. Students learn a generic process to design new innovative business models and assess their leadership style with respect to entrepreneurship in new and existing corporations. 3 Credits.
  • BUSI 5123 Organizational Behavior & Design
    An examination of the theory and practice of organizational behavior management from the line manager's perspective. The class examines the roles of individual differences, perception, learning, motivation, group dynamics, teams, conflict, stress, communication, power, politics, leadership, and other factors having an impact on individual job and overall organizational performance in today's organizations. Students conduct a workplace survey in order to diagnose an organization's current culture and preferred design. 3 Credits.
  • BUSI 5233 Managerial Accounting
    This course presents a review of financial accounting techniques and an in-depth examination of the uses of accounting information from a management perspective. Students examine the preparation and analysis of financial reports for control, costing, methods, and systems of planning and control. Emphasis is placed on the use of computerized tools in the preparation and analysis of accounting reports. 3 Credits.
  • BUSI 5423 Decision Analysis
    This course explores the frameworks and analytic tools to build decision-making competency into an organization through both analysis and process. Students learn how to generate alternatives, quantify uncertainty using probability, and evaluate decision trees to enable clarity about best choices in uncertain environments. Some of the tools covered include linear programming, probability, descriptive statistics, analysis of variance, and regression models. 3 Credits
  • BUSI 6303 Marketing Management
    A study of advanced marketing management, especially product, price, promotion, and distribution problem solving. The legal and social environment within which marketing problems occur is also discussed. 3 Credits. Prerequisite: BUSI 5423 or equivalents.
  • BUSI 5433 Leading Technology & Innovation
    This course allows students to create a philosophy and approach to lead the advancement of technology and innovation systems in enterprises. Topics covered include diffusion of innovations, how disruptive innovations impact existing markets, technology-driven innovation in new and established firms, new product road mapping and management, information systems structure and integration, shaping a firm's overall IT strategy, and leading change through innovation management. 3 Credits. Prerequisite: BUSI 6303. This course is equivalent to three one-credit courses taken separately BUSI 5411, BUSI 5421, and BUSI 5431.
  • BUSI 5503 Managerial Finance
    This course is designed to help managers understand financial analysis so that they can work effectively with financial decision-makers in organizations. Topics covered include financial statement analysis, risk and return, discounted cash flow analysis, the cost of capital, capital budgeting, long-term financing, and working capital management. 3 Credits. Prerequisites: BUSI 5233 or equivalents.
  • BUSI 6653 Global Enterprise -OR- BUSI 6163 Cross-Cultural Management
    Students have the opportunity to experience the dynamics of doing business globally while understanding the impact of differing cultures. The trip will allow students to engage with business leaders, experience cultural events, and visit international companies. Students who are unable to participate in this experience will take BUSI 6163 Cross-Cultural Management in its place. 3 Credits.

 


CAPSTONE COURSE

  • BUSI 6503 Strategic Management
    This course is designed to integrate and summarize MBA course work and provide students with interrelated cases for study and analysis. In this course, graduate learners examine strategic processes that influence the direction of an organization. Students learn techniques for defining the mission and objectives of an organization, understanding competitive forces and industry dynamics, analyzing components of sustained competitive advantage, matching organizational strengths with environmental opportunities, and developing strategies and policies to achieve the organization’s mission and balance the interests of relevant stakeholders. 3 Credits. All courses in the MBA sequence must be completed prior to enrolling in this course.

 


Specializations

    • BUSI 6613 Portfolio Management
      Examines investment portfolio management. Topics include ethical standards of practice, return analysis, selecting investments, portfolio construction, management and performance evaluation/presentation. Also includes fixed income securities, industries and individual firms. 3 Credits. Prerequisites: BUSI 5503.

      BUSI 6723 Asset Valuation
      Examines business valuation and security analysis, along with the techniques, models and industry practices finance managers use to create institutional equity portfolios. Quantitative and fundamental analysis of businesses are covered, along with valuing of financial contracts, options, futures and derivatives securities. 3 Credits. Prerequisites: BUSI 5503.

      BUSI 6733 International Finance
      Examines the principles of finance in international markets. Topics include currency exchange, international money and capital markets, financing international trade and interest rates, currency futures, and analysis of foreign investments. 3 Credits. Prerequisites: BUSI 5503.

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    • BUSI 5273 Managerial Economics
      This course is a detailed study of how economic principles affect the internal and external organizational environment. Market structure and alternative forms of organizational architecture are explored. The roles of bounded rationality and transaction costs in determining organizational effectiveness are examined. 3 Credits. Prerequisite: BUSI 5423 or equivalent.

      BUSI 5373 Strategic Thinking and Planning
      Students are introduced to the concepts, varied procedures, and tools that are used in organizational strategic planning. Topics include the fundamentals of the strategic alignment of people, resources, and processes to the vision, mission, and purpose. Discussion also includes how to develop the ability to think strategically. 3 Credits.

      BUSI 6233 Quality and Operations Management
      In this course, a strategic approach to continuous quality improvement is established and quality paradigms are examined. Operations management concepts are integrated with quality concepts to produce an organization-wide approach to quality. Graduate learners are given the opportunity to analyze the operations of their workplace and develop a continuous improvement plan. 3 Credits.

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    • BUSI 6103 Human Resource Management
      This course challenges graduate learners to examine and manipulate, via experiential and role-playing exercises, the major activities and subject areas necessary for the successful strategic management of an organization’s people. Topic areas include human resource planning, job analysis, law, recruitment and selection, development, performance appraisal, and compensation and benefits. 3 Credits.

      BUSI 5203 Dynamics of Teams and Communities
      Students will understand the way groups work and develop skills for leading groups of various sizes. Face-to-face, distance, and virtual communication strategies and tools will be discussed. Topics will also include the impact of diversity, conflict resolution, mentoring and how to deal effectively with difficult people. 3 Credits.

      BUSI 5383 Organizational Change and Development
      Examines the structural and environmental forces that influence the leadership process within organizations. Students will learn to identify an organization’s readiness for change and appropriate intervention and change strategies. Issues examined will include power and resistance, human motivation and behavior, organizational shadow, intervention in systems, and the fostering of change-oriented cultures. 3 Credits.

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    • BUSI 6813 Software Engineering
      Explores how firms have leveraged technology for competitive advantage. Examines the methods, tools, and techniques used throughout the life cycle of an information system that enable firms to employ supply chain management (SCM), customer relationship management (CRM), business intelligence (BI), management information systems (MIS), decision support systems (DSS), and enterprise resource planning systems (ERP). 3 Credits.

      BUSI 6823 Computer Security
      Examines cyber-crime and security. Topics include techniques and tools within a systems engineering process to provide data security including software and network security. Students will develop a managerial view of security that encompasses target system assessment, assessing Internet fraud, industrial espionage in cyberspace, cyber terrorism, and how to resist the forces to which they may be subject. 3 Credits. Prerequisites: BUSI 6813

      BUSI 6833 Strategic Data Management
      Examines the strategic value of data and how to exploit its worth. The emphasis will focus on proven and mature data management computing technologies and practices. Topics will include an overview of data marts, databases, data warehouses, cloud computing, data mining, and data center management. 3 Credits. Prerequisite: BUSI 6813

       

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      • BUSI 6713 Oil & Gas Industry
        Examines the fundamentals of the Oil & Gas industry from the geologic, engineering, business sides of the energy sector, from exploration, refinement to supply chain logistics. Topics also include mineral rights, contracts, IT applications, plus legal, regulatory and environmental issues. 3 Credits. Prerequisites: BUSI 5503.

        BUSI 6723 Asset Valuation
        Examines business valuation and security analysis, along with the techniques, models and industry practices finance managers use to create institutional equity portfolios. Quantitative and fundamental analysis of businesses are covered, along with valuing of financial contracts, options, futures and derivatives securities. 3 Credits. Prerequisites: BUSI 5503.

        BUSI 6763 Petroleum Finance
        Examines financial practices of petroleum companies by project managers and financial officers. Topics include project investment analysis, calculation of margins, economic models and spreadsheet design, methods for risk and sensitivity analysis, along with obtaining finance for oil and gas deals. In addition, financial reporting, performance measurement, cash flow analysis tools are covered. 3 Credits. Prerequisites: BUSI 5503.

 


GRADUATION REQUIREMENTS

To earn the Master of Business Administration degree, students must complete the following satisfactorily:

  • The required curriculum with a minimum cumulative GPA of 3.00, with no more than 20% of the program hours with grades of C in the required curriculum. A grade of D will not apply toward graduation requirements.
  • A minimum residency of 75% of program hours completed through LeTourneau University.
  • All graduation requirements completed in no more than seven years at LETU.
  • Payment of all tuition and fees.
  • Approval of the faculty and the Board of Trustees.


 

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