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Mba Courses

Things You Must Know About MBA Courses

MBA programs are built around a whole lot of business theories and topics, which are grouped under three different courses - foundation courses, functional MBA core courses and specialization courses.

The foundation course that lays foundation for higher business school education deals with various business concepts and tools; functional MBA courses, on the other hand, trains one in the functional aspects of business. The Specialization courses are meant to give MBA pursuers, expounding knowledge in specific fields.

The foundation MBA courses and functional MBA core courses are part of the core curriculum. The core curriculum is usually covered in the first year and the specialized curriculum in the second year. In case of unspecialized MBA programs, the focus of second-year studies is either on strategic management or on finance.

Foundation Courses

MBA550 - Language of Business I consists of two modules - MBA550A (Accounting) & MBA550B (Management). The Accounting module is meant to give an overview of financial accounting. Accounting concepts and terminology are imparted to learners as part of this section. Students are also trained to analyze and create financial statements/reports. The Management part introduces the students to real organization situations and functions, instructing them on the proper application of this knowledge to meet management challenges.

MBA 551 - Language of Business II too is organized around two modules - MBA551A (Economics) & MBA551B (Marketing). The Economics module gives insight into micro- and macro- economics side-by-side instructing students on the usage of economic theories in real contexts. The Marketing module gives one an understanding of the concept and importance of marketing; alongside, it enables students acquire marketing skills.

MBA552 - Tools of Business I revolves round two modules MBA552A (Statistics) & MBA552B (Finance). The basic concepts of Statistics and their use in business contexts are dealt with in the Statistics' module. The module in Finance, likewise, updates one on key financial management concepts and that with regard to its significance in a business environment.

MBA553 - Tools of Business II, again, is divided into two vital sections MBA553A (Quantitative Methods) & MBA553B (Simulation). Practical techniques and mathematical models used to analyze and solve business problems are detailed as part of the Quantitative Methods section. The Simulation section, through computer simulation of a competitive business environment, brings you opportunities for the application of business theories and principles.

Functional Core Course

MBA600 - Business Ethics involves analysis of moral principles and their practical utility in a business environment.

MBA601 - Human & Organization Behavior course gives one insight into ideal human behavior/conduct in an organizational setting.

MBA602 - Marketing Strategy Development course helps in the development of marketing strategies based on ones understanding of the marketing concepts. The course hones one creative thinking and problem solving skills.

MBA603 - Financial Strategy course gives one to understand the significance of financial strategies in an organizational setting, both in the context of external and internal factors.

MBA604 - Operations Strategy Development module equips one with the tools and techniques for the development of strategy apt for operating a business. The course also hints one on the probable problems to be encountered in the process.

MBA800 - Business Strategy course revolves round the practical tools and theoretical concepts that companies use to arrive at effective business strategies.

Elective Courses

A number of elective courses are available for specialization. These include:

MBA700 - Advanced Managerial Accounting

MBA701 - International & Operational Auditing

MBA702 - Accounting for Governments / Non-Profits

MBA703 - Financial Aspects of Mergers

MBA704 - Tax Concepts for Managers

MBA705 - Corporate Financial Reporting

MBA706 - International Accounting & Taxation

MBA707 - Human Resources Management

MBA708 - Labor Relations

MBA709 - International Management

MBA710 - Business & Society

MBA711 - Small Business Management

MBA712 - Special Topics in Management

MBA713 - Marketing Research Seminar

MBA714 - Service Innovations and Management

MBA715 - International Marketing

MBA716 - Promotional Strategy

MBA717 - Strategies for Services Marketing

MBA718 - Management Information Systems

MBA719 - Advanced Information Systems Management

MBA720 - Purchasing & Supply Management

MBA722 - Project Management

MBA723 - Investment Analysis & Portfolio Management

MBA724 - International Corporate Finance

MBA725 - Managerial Economics

MBA726 - Organization Development & Change

MBA727 - International Business

MBA728 - Legal Frameworks of Business

MBA729 - Technical & Professional Communications

MBA730 - International Human Resources Management

MBA731 - Training & Development

MBA732 - Compensation & Benefits

MBA734 - Managing Diversity

MBA743 - Leadership

MBA745 - Non-Profit Management

MBA795 - Management Practicum

MBA799 - Directed Study

Apart from these electives, a number of more specialized programs are available as part of MBA courses. These specializations like Asian business, sports management and/or programs focused on real estate or insurance are offered on small-scale, within a close sphere, say by a particular business school or university.