MBAC 5000 Intro to Graduate Study

This course provides an orientation to graduate study at LeTourneau University, including learning expectations and policies, an introduction to learning teams, and information concerning library resources and research techniques. (0 credit)

MBAC 5113 Leadership and Ethics
This course provides the foundation for the two integrative themes of the MBA program Leadership and ethics. Leadership is examined from both a theoretical and practical perspective, with an emphasis on servant leadership. An ethical framework for management decision making is established and used. Graduate learners are given the opportunity to explore their leadership styles and learn how to effectively apply them in leadership settings. (3 credits)

MBAC 5203 Organizational Behavior
An examination of the theory and practice of organizational behavior management from the line manger's perspective. The class examines the role 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 contemporary organizations. Secular theories are examined and then compared to important biblical principles and precepts. Computer based and other experiential exercises are used to enhance learning and integration of key management skills related to managing human behavior at work. Emphasis is placed on the underlying causes of human behavior in organizations.
(3 credits)

BUSI 5010 Financial Analysis Seminar
This workshop is designed to sharpen the graduate learner's financial analysis skills. The key financial statements are reviewed, as well as important accounting conventions and relationships between various accounts. The focus is on learning to use financial information to improve the effectiveness of managerial decision making. A case serves as the basis for analysis and discussion. (0 credit)

MBAC 5213 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 used of computerized tools in the preparation and analysis of accounting reports. (3 credits)

MBAC 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)

MBAC 5453 Quantitative Methods
This course explores quantitative tools for managerial decision making, laying a foundation for using these tools throughout the program. Some of the tools covered include linear programming, probability, descriptive statistics, analysis of variance, and regression models. (3 credits)

BUSI 5020 Economic Tools Seminar
This workshop is designed to familiarize the graduate learner with critical microeconomic concepts. Topics reviewed include demand determination and estimation, returns to scale, cost estimation, profit maximization, market structure, and pricing. The focus is on providing the microeconomic tools necessary to improve the effectiveness of managerial decision making. (0 credit)

MBAC 5223 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)

MBAC 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)

MBAC 5503 Managerial Finance
This course is designed to help managers understand financial analysis so 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)

MBAC 6153 Organizational Development and Change
This course prepares graduate learners for the hyper-turbulent environment of the twenty-first century by introducing behavioral science techniques and methodologies to systematically bring about high-performing organizations. The course uses the “learning by doing” technique to help graduate students improve organizational effectiveness by means of behavior modification and individual self-actualization. (3 credits)

MBAC 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)

MBAC 6503 Strategic Management
This course is designed to integrate and summarize all 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)

MBA in Management Specialization (6 credit hours)

MANAGEMENT MBAE 6163 Cross-Cultural Management
This course represents a comprehensive introduction to and survey of international cultural management. Topics include national and organizational culture, managing transitions and relocations, diversity among global work cultures, and the business characteristics of host nationals from the world's most attractive business arenas. The strategic implications of managing a multinational firm are also examined. (3 credits)

MBAE 6473 Entrepreneurship and Creativity
This course examines creativity and the process of entrepreneurship, including the generation of potential business opportunities, evaluation of venture potential, development of a new venture team and an entrepreneurial organization, startup, growth, and harvest strategies for entrepreneurial ventures, and marketing of new ventures. (3 credits)

MBA in Human Resources Management Specialization (9 credit hours)

HUMAN RESOURCES MBAE 6313 Staffing in Organizations
This course teaches graduate learners to combine science, past experience, and instinct to create organizational processes that maximize the likelihood of successful person/job matches as the employment relationship is established. Graduate students learn to analyze and modify external influences, support activities, staffing activities, and staffing system management to support the strategic goals of the organization. (3 credits)

MBAE 6323 Compensation and Benefits
In this course, graduate students learn to reflect upon the importance of employees as a key element of strategic compensation programs. In exploring the art of compensation and its role in promoting companies' competitive advantages, graduate learners acquire a solid understanding of compensation practices, the context of compensation practice, the criteria used to compensate employees, compensation system design issues, employee benefits, and the contemporary challenges that compensation professionals will face well into the twenty-first century. (3 credits)

MBAE 6513 CONFLICT RESOLUTION
This course focuses on methods for resolving conflict within organizations, including negotiation strategy and alternative dispute resolution. Models of conflict, conflict among individuals and groups in organizations, economic conflict, and industrial conflict are examined, along with the role of labor in organizational conflict. (3 credits)

MBA in Marketing Specialization (9 credit hours)

MARKETING MBAE 6333 Advertising and Public Relations
This course examines different approaches and philosophies of advertising and public relations with their respective purposes. Creative advertising design utilizing current media and technology are emphasized. Public relations are studied by learning the art of obtaining favorable publicity for a company and building a positive company image. Through the development of an integrated marketing communication plan the various elements of the advertising and public relations processes are studied. Strategic planning, research and evaluation are considered integral to this course. (3 credits)

MBAE 6343 Marketing Research
This course examines the systematic and objective planning, gathering, recording, and analyzing of information to enhance the decision making of marketing managers. Emphasis is placed on survey methodology, applications of statistical methods of analyzing information, and ethical reporting. (3 credits)

MBAE 6523 E-COMMERCE MARKETING MANAGEMENT
This course focuses on the management of electronic commerce as it applies to business-to-business and business-to-customer marketing. The technology of e-commerce will be explored as it involves sellers and buyers in supply-chain management. (3 credits)

MBA in Finance Specialization (12 credit hours)

FINANCE MBAE 6413 Investments
In this course, graduate learners will examine equity markets and debt markets, types of financial securities, risk/return tradeoffs, security valuation, and portfolio management. This course is designed to benefit both those who will be managing their own investment portfolio and those who will be managing or marketing investment portfolios for others. (3 credits)

MBAE 6423 Corporate Financial Decision Making
This case-based course focuses on financial decision making in for-profit firms. Graduate learners apply financial and management principles to solve real-world problems. This course serves as a capstone course for the Finance concentration. (3 credits)

MBAE 6533 INTERNATIONAL FINANCE 
This course provides a comprehensive study of the world of financial management as it applies to multinational corporations and other firms that engage in international transactions.  Topics include the nature of the international financial system, foreign exchange management, investment financing, and risk management issues of concern to international businesses.  The firm's exposure risk that arises from international sources, including the changes in foreign exchange rates, interest rates, and monetary and fiscal policies worldwide is also covered (3 credits)

MBAE 6543 FINANCIAL RISK MANAGEMENT
This course provides a systematic approach to financial risk management considered by financial institutions and corporations.  Various traditional and modern credit risk techniques such as Credit Scoring, Value at Risk (VAR), and derivative instruments are used for quantitative/qualitative risk assessment.  The course will also analyze specific risks to which insurers are exposed and analyze how insurers can apply financial risk management techniques to reduce surplus volatility.  Students are expected to apply financial management concepts such as interest rate risk, credit risk, market risk, default risk, and duration.  In addition, students will learn the standard characteristics of options contracts.  (3 credits)

MBA in International Business Specialization (9 credit hours)

INTERNATIONAL BUSINESS MBAE 6433 International Management
This course examines the strategic approach to managing international businesses and multinational enterprises, incorporating an awareness of the nature of competition in the increasingly competitive global environment. Emphasis is placed on managers' responsibilities regarding the basic modes of international involvement and where each is appropriate. International trade theory and monetary theory as well as strategies, structures, practices, language, and cultural adaptations are studied. (3 credits)

MBAE 6443 International Marketing
This course examines the opportunities and challenges of global markets and the threats of global competition across a broad spectrum of industries. Emphasis is given to global markets and buyers, global advertising, global promotion (personal selling, public relations and sales promotion), direct marketing, electronic commerce, and database marketing. Marketing principles are addressed as they interact with the global environment and the resulting complexities of global marketing and the managerial roles involved. (3 credits)

MBAE 6533 International Finance
This course provides a comprehensive study of the world of financial management as it applies to multinational corporations and other firms that engage in international transactions.  Topics include the nature of the international financial system, foreign exchange management, investment financing, and risk management issues of concern to international businesses.  The firm's exposure risk that arises from international sources, including changes in foreign exchange rates, interest rates, and monetary and fiscal policies worldwide is also covered. (3 credits)