The AIC Master of Business Administration program provides comprehensive learning in the key areas of business knowledge necessary for success in the global economy of the 21st century.
The program combines theory with practice to develop a full understanding of the ways that each business discipline can be integrated into a broad-based approach to effective organizational leadership. It’s designed for recent college graduates, current business professionals and experienced, mid-career managers who seek a graduate business degree to advance their careers. The MBA 4+1 Program at AIC is a one year, structured, 39 credit program consisting of 12 three-credit core courses and 3 one-credit Professional Development courses. Students enter the program as a cohort in May and will attend classes with the same group of students until they graduate from the program. This fosters a close, team-based working relationship between the students within each cohort.
The culmination of the program is the MBA Capstone where students pull together the knowledge gained throughout the program by creating a comprehensive business plan to start their own business or developing a comprehensive plan to address a significant business problem or issue.
As a student of the MBA 1-year program, you’ll be able to demonstrate and apply the knowledge gained in the functional areas of management, including target marketing selection, market segmentation, branding and marketing communications including social media.
The program helps prepare students for future studies in accounting, economics, finance and other academic disciplines based in quantitative analysis.
As a graduate of the program, you’ll have the skills and knowledge needed to advance your career as a leader in a variety of industries including entrepreneurship, finance, private banking, marketing/advertising, technology, and more.
The MBA 4+1 Program consists of these 15 courses (39 credits):
This course provides a systematic analysis of the strategic and human functions of a business enterprise. The responsibilities of manager for anticipating changes in the business environment, for cautiously adapting goals and policies to environmental opportunities, constraints and adverse pressures, and the search for new combinations of activities that will have favorable results for the organization and the economy will be examined.
This course investigates the process that organizations use to identify the needs of their customers and to create the products and services that meet these needs within the resource constraints and strategic objectives of the organization. The course examines market research, target market selection, market segmentation, position, and branding. It covers all the elements of the marketing mix, showing how they are being transformed by the Internet and the global economy.
This course reviews major topics in microeconomics in combination with recent mathematical developments examined as aids to the decision maker in the solution of problems faced by both public and private enterprise. It introduces the student to an analysis of demand, supply cost, prices and market structure from the point of view of the firm and the industry operating in a mixed enterprise system. The principles of intelligent economic planning involving the determination of the most economical combination of productive inputs and outputs are examined in detail.
This course studies accounting as it pertains to the needs of management; principally planning, controlling and decision making. Topics covered include: financial statement analysis; funds flow; cost terms, concepts, classifications, and behavior patterns; cost-volume-profit relationships; job order, process and standard costing; flexible budgets, profit planning, non-routine decision-making; pricing; and capital budgeting.
This course provides the opportunity for students to develop professional written, oral and presentation competencies required in both the MBA degree program and professional workplace. Students will learn how to write effective case studies and graduate-level research papers using available institutional research tools, research methodologies and critical thinking skills. Students will be introduced to strategies for employing structure, style and format resulting in impactful and effective written business reports and electronic communications. This course will also provide students with strategies and tools to generate well organized, persuasive and effective presentations.
This course analyzes the internal financial problems of a business enterprise. Topics include capital budgeting; evaluation of capital projects using discounted cash flow (internal rate of return and present value) and non-time-adjusted methods under conditions of certainty and uncertainty; capital structure theory and management; determining the cost of capital; the effect of leverage and dividend policy on cost of capital and firm policy; working capital management; liquidity structure of assets and liabilities; management of cash, marketable securities, receivables and inventories; financing, investment banking and the issue of long-term debt, preferred stock, common stock, convertible securities, and warrants; short and intermediate debt and lease financing, and short and long-term financial forecasting.
This course is an introduction to the international business environment and how it affects multi-national corporations. Topics include investigation of marketing techniques and programs as developed and implemented on an international scale; evaluation of international marketing strategies, special goals and decision-making processes that are part of marketing internationally; examination of policies and strategies of international finance, analyzing those problems confronting multi-nationals; balance of payments, foreign exchange market and risk, cash flow operations, and evaluations of international economic problems and policies.
This course covers the elements of statistics and management science. It deals with the principle methods that business researchers use to analyze and understand data-central tendency, variation, probability, hypothesis testing and forecasting. It also deals with management science models and techniques for optimization, network design for project management, queuing, managing risk and uncertainty. The emphasis is on providing students with the practical skills and techniques that can be applied to improve the effectiveness of managerial decision making.
This course shall enable the student to learn and understand the importance of operations management, both for service and production processes. The student will gain an appreciation of the scorecard of Key Performance Indicators (KPIs) for the business to build sustainable competitive advantages. Lectures include discussion of strategy, process, supply chain design and planning and controlling the supply chain. Emphasis is placed on current trends in operations – especially quality, technology and inventory management.
This course will provide students with the methodologies and skills sets required to develop and implement both personal and professional career development plans. Topics include personal skills inventory assessment tools, resume writing, videotaped practice interviewing, career search strategies, interview preparation, individual marketing communications, and salary negotiation. Additional topics include personal time management and organizational skills.
Topics include executive decision making in dealing with formal employee-employer relationships; human resources development; line and staff relationships; job description and analysis; recruitment training and performance appraisal; collective bargaining process; labor-management relations; and wage and salary policies and administration.
This course studies management as an organized body of knowledge, focusing on the role of leadership and teamwork in building organizational effectiveness. Concepts include: the nature and purpose of organizations; strategic planning; humanistic, ethical and behaviorist challenges facing modern institutions in a rapidly changing global environment; the development of leadership and teamwork skills; management dynamics of national and international companies; and the importance of CSR. The course also addresses the application of total quality methods and control systems to assure effective implementation of business plans.
This course defines the information management needs of an organization in the knowledge economy. It also looks at information technology – both hardware and software – from the perspective of the manager and the customer and the key role that digitization and the Internet play in developing and implementing any successful business strategy. Special topics include: computer security, privacy, enterprise systems, e-commerce, and supply chain management.
This course examines the process of entrepreneurship from the conception of a new idea through the steps of research and market testing to the crafting of a complete business plan. It focuses on the many ways that entrepreneurs create value and the central role of new venture creation in a free market economy. In this capstone course for the MBA program, students are asked to apply their knowledge. The capstone course for the MBA asks students to apply their knowledge of each business area to putting together and presenting, in the most persuasive but honest manner, an integrated plan for a new venture. For those students who prefer to relate the course to their current workplace, they have the option of preparing an in-depth study of a proposed solution to an existing problem.
This course introduces the techniques used to plan, manage, and complete projects. It examines the principal concepts and methods that have been developed to manage projects successfully: defining project objectives; the Critical Path Method; application of Lean/Six Sigma and other quality techniques; allocation of resources human, physical, and financial; and project control through budgeting. This course also includes an overview of financial modeling and the use analytical tools including one- and two- variable data tables, Goal Seek, Scenario Manager, Databases, Pivot Tables, Solver, and Chart development.
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