MBA Courses MBA COURSE DESCRIPTION Graduate courses in the MBA are listed below in numerical order. MGT 5010 Organizational Change for Sustainability Creating an Ideal Society Leadership means accomplishing through others. Implementing successful change in organizations requires process skills in facilitating the performance of individuals and teams. The development of coherence in the collective consciousness of the organization provides for friction-less flow of communication and implementation. Topics include change management skills; life cycle of the consulting process; motivation for performance improvement; individual, interpersonal and team behavior; negotiating collaborative solutions; organizational learning; and the role of training in strategy implementation. Prerequisite: one course in HR or OB (2–4 credits) MGT 5020 Business Process Improvement Business Activity in Accord with Nature’s Law of Least Action This course covers the theory and practice of performance improvement in both large and small organizations in the manufacturing and service sectors so that they operate in accordance with all the laws of nature. The focus will be on using lean thinking to transform every activity in an organization towards sustainable operations. Students will explore how to extend the principles, rules and tools of lean thinking to achieve sustainability along with the improvement in quality, reduction of costs, and maintenance of customer delight. The course uses a combination of interactive classroom instruction and project-based learning. Students learn how to align operations along the value stream in any organization, how to improve efficiency, enliven creativity, and so achieve real sustainability. They will understand how to structure on-going incremental improvement so that performance improvement becomes part of the shift to sustainability. (4 credits) Prerequisites: MGT 5180 and MGT 5240. MGT 5040 Computer Concepts and Applications Skill in Action Skill in the use of office software is essential for data storage and manipulation, financial analysis, and the effective presentation of text and images. This course covers the attributes of Microsoft Word that are necessary for writing reports, elements of PowerPoint for presentations, and the functions and database features of Excel such as financial functions, lists, pivot tables, and elementary statistical analysis. (2 credits) MGT 5090 Performance Improvement Project Business Activity in Accord with Nature’s Law of Least Action Students will learn the practical and managerial skills for implementing sustainability through value based process improvement in both large and small organizations. The course is based around implementing Lean Thinking in real world situations. Students will act as junior consultants under the guidance of experienced faculty. They will learn to define value from the perspective of all the stakeholders, how to map value streams, identify waste, and facilitate Kaizen-based process improvement events. They will assist with all aspects of policy deployment, which ensures that the ongoing process improvement reflects strategic business objectives while shifting the organization towards full sustainability. (4 credits) Prerequisite: MGT 5020 MGT 5121 Environmental Law Connecting National Law with Natural Law to Protect the Environment from Global Warming, Pollution, and Resource Depletion while Creating Abundance for All Nations From local regulations about water quality to global initiatives like the Kyoto Accord, the law is an important tool for regulating our use of the environment. During this course, students will become familiar with international treaties and protocols on global warming, pollution, and endangered species. The class will also study the key features of American environmental law including the Clean Air and Water Act, the Environmental Protection Act, and other current policies and regulations. Perhaps most importantly, students will understand the lawmaking process as a way to use the legal system to bring about positive change and build sustainable communities. (2-4 credits) MGT 5131 Taxation Calculating Individual and Corporate Contributions to Government Activities to Bring Fulfillment to the Goals of Society State and federal taxation are instruments of social policy. The principles of taxation must be considered in the planning and decision-making process of every organization whether profit or non-profit. This course surveys basic tax concepts and their use in individual and organizational tax planning. Topics include social policy implications of taxation, concepts of income, tax reporting, taxpaying entities, deductions, property transactions, and gain or loss recognition. Students explore this course in the light of the relationships between man-made, national laws and the eternal principles of Natural Law that underlie them. (2-4 credits) MGT 5141 Intermediate Accounting I Developing Broad Comprehension of Accounting Principles and Sharp Focus in their Application for an Accurate Financial Statement This course sequence provides a technical analysis of how generally accepted accounting principles (GAAP) are applied in the presentation of published financial statements. The interplay of government, the accounting profession, and the conceptual framework of accounting at the basis of formulating GAAP demonstrate how collective consciousness interacts within itself to create steps of social evolution. References are made to technical statements and pronouncements that are the sources of GAAP, covering a variety of specific topics such as accounting for leases, pensions, and inter-period income tax. (4 credits) Prerequisite: MGT 5150 MGT 5142 Intermediate Accounting II This course sequence provides a technical analysis of how generally accepted accounting principles (GAAP) are applied in the presentation of published financial statements. The interplay of government, the accounting profession, and the conceptual framework of accounting at the basis of formulating GAAP demonstrate how collective consciousness interacts within itself to create steps of social evolution. References are made to technical statements and pronouncements that are the sources of GAAP, covering a variety of specific topics such as accounting for leases, pensions, and inter-period income tax. (4 credits) Prerequisite: MGT 5141 MGT 5150 Financial Accounting Using the Self-Referral Mechanism of Financial Statements to Structure an Organization’s Progress and Prosperity Accounting systems provide financial information to guide management planning, decision-making, and control. Financial statements show the current standing and recent activities of the firm to management, stockholders, creditors, and the government. Topics include the fundamentals of bookkeeping and generally accepted accounting principles applied to inventory valuation, receivables and payables, depreciation of physical assets, amortization of loans, and stocks and bonds, with implications for the interpretation and analysis of financial statements. (2–4 credits) Prerequisite: MATH 153 MGT 5151 The Business Environment for Financial Accountants (CPA 1) Enlivening the Laws of Nature Governing Financial Accounting The course explores the fundamental laws of nature that structure success in financial accounting. Content covered includes knowledge of alternative business organizations, economic concepts, financing and working capital, information technology, and management accounting. Topics covered in CPA Exam Part 1. (4 credits) Prerequisite: Intermediate Accounting I & II (MGT 5141 & 5142) MGT 5152 Auditing for Financial Accountants (CPA 2) Utilizing the Principle of the Second Element to Verify Financial Statements As independent auditors, CPAs verify the fairness of corporate financial statements and thereby enhance the confidence of those making investment decisions. Auditors play the role of the Second Element by dispelling doubts about the truthfulness of financial statements. Topics include audit engagement planning, verification and testing of internal controls, and evidence sampling, collection and testing. In addition, the various types of audit report formats are examined. Topics covered in CPA Exam Part 2. (4 credits) Prerequisite: Intermediate Accounting I & II (MGT 5141 & 5142) MGT 5153 GAAP-FAR for Financial Accountants (CPA 3) Reflecting Collective Coherence in the Field of Accounting Students explore and gain the knowledge of generally accepted accounting principles (GAAP) for business enterprises, not-for-profit organizations, and governmental entities, and the skills needed to apply that knowledge. GAAP is seen as a reflection of collective consciousness that specifies rules for financial reporting. Topics covered in CPA Exam Part 3. (4 credits) Prerequisite: Intermediate Accounting I & II (MGT 5141 & 5142) MGT 5154 Ethical & Regulatory Environment for Financial Accountants (CPA 4) Following the Path to Right Action Man-made laws are created to restore the path to right action and meet social needs. In this course, students gain knowledge of legal and ethical responsibilities required for professional accountants. Topics include business law concepts (such as contracts and agency) as well as specific laws (such as the Sarbanes-Oxley Act). In addition, the course covers federal taxation for individuals, partnerships and corporations. Topics covered in CPA Exam Part 4. (4 credits) Prerequisite: Intermediate Accounting I & II (MGT 5141 & 5142) MGT 5155 Lean Management and Organizational Excellence Utilizing Nature’s Principle of Least Action to Improve Organizational Performance and Productivity This course examines key principles and methods of creating and sustaining performance excellence in both service and manufacturing organizations through application of the “Lean Enterprise” and “Lean Six Sigma” performance-improvement systems. Best practices of world-class companies will be examined through readings, case studies, and management simulations. Topics include: principles and practices of lean management as developed by Toyota; Lean Six Sigma; value stream mapping; simplifying business processes and reducing the seven types of waste; identifying performance metrics; kaizen events and other approaches to business process improvement; lean accounting; application of lean management to environmental management and sustainability. (4 credits) MGT 5157 Ethics for Accountants This course is a survey of current topics in the changing landscape of professional accounting. Students will investigate current ethics and contemporary accounting issues that are affecting U.S. Accounting Policies and Procedures. In the post-Enron scandal era, accounting professionals are dealing with increased scrutiny of professional practices and personal behaviors. Through case studies, articles and lectures, students will explore the historical background of ethical issues in US accounting practice. Special focus will be given to the Sarbanes-Oxley Act. Various contemporary issues will be examined through readings and discussion assigned from professional journals. (2–4 credits) Prerequisite: enrollment in the AccMBA program MGT 5160 Managerial Accounting Creating Self-Referral Feedback Mechanisms to Provide Data for Informed Decision-Making This course provides analytic tools and techniques to assist management in planning, decision-making, and control. Topics include cost-volume-profit analysis, manufacturing costs, job order and process costing, standard costing and variance analysis, variable and full costing, fixed and flexible budgets, responsibility accounting, direct and absorption costing, and the behavioral implications of management accounting systems. (2–4 credits) Prerequisites: MGT 5150 MGT 5161 Financial Planning, Performance and Control (CMA 1) Enjoy Greater Efficiency and Accomplish More This course covers topics in Part 1 (of 2 parts) of the Certified Management Accountant (CMA) examination. The student is exposed to relevant professional skills and topics including budgeting and financial forecasting, cost management and allocation issues, standard costing, variance analysis, responsibility accounting, internal controls, and business ethics. The course is designed to build competency for CMA exam conditions including multiple-choice questions, essays, and business simulations. The professor offers technical insights about how to develop solutions quickly. Just as business feedback loops create opportunities for improved decision making, students in this course receive valuable feedback towards successful completion of the CMA. (4 credits) Prerequisites: MGT 5160 Managerial Accounting MGT 5162 Financial Decision Making (CMA 2) Knowledge is Gained from Inside and Outside Both inner knowledge and information from the environment are critical to properly manage business risks. In this course on topics covered in Part 2 (of 2 parts) of the Certified Management Accountant (CMA) examination, the student is exposed to relevant professional skills and topics in financial statement analysis, business performance metrics, profitability analysis, investment risk and portfolio management, financial instruments and cost of capital issues, international finance, corporate restructuring, decision analysis, and investment decisions. The course is designed to build competency for CMA exam conditions including multiple-choice questions, essays, and business simulations. Professors offer technical insights about how to develop solutions quickly. (4 credits) Prerequisites: MGT 5160 Managerial Accounting MGT 5165 Metrics for Sustainability Attention Enlivens Action in Accord With Natural Law The new goal of sustainability requires new metrics for measuring and reporting its achievement. This course reviews measures used in “triple bottom line” reporting, where financial performance is evaluated along side of measures of employee health and wellness, corporate social responsibility, and greenhouse gas emissions. Also covered are standards for product ecolabels, “green” buildings, and sustainable organizations. (2–4 credits) MGT 5168 Accounting Software Applications Skill in Action Modern financial management utilizes computerized accounting packages for efficient record keeping, safeguarding of assets, customer service, and financial analysis. This course reviews current computerized accounting packages and applies them to case situations. (2–4 credits) Prerequisite: MGT 5150 MGT 5170 Data Analysis for Managers Harnessing nature’s organizing power by using computer technology to support decision-making The tools of managerial data analysis enable managers to transform raw data into useful knowledge of business performance in every functional area of business by identifying meaningful patterns and relationships in business data. Increased knowledge of business processes provides a foundation for improved business decision-making and enhanced business performance. Topics include: principles of statistical thinking for management; numerical and graphical tools for describing and analyzing business data; applications of probability and probability distributions; hypothesis testing for business decision-making; applied multiple regression for analyzing business performance and operations through case studies using real data. (2–4 credits) Prerequisite: MATH 153 or MATH 170 MGT 5180 Operations Management for Sustainable Business Managing an Organization’s Inputs, Transformations, and Outputs to Structure Automation in Administration Operations management is concerned with the process of transforming inputs into higher-value outputs with maximum efficiency. Topics include process design; quality management and control; lean production; supplier certification; capacity planning, facilities, and scheduling; and inventory management including materials requirements planning. Students research facility and personnel requirements, along with production and delivery plans including milestone dates for their business plan. (2-4 credits) Prerequisite: MATH 153 MGT 5181 Managing Operations for Quality and Efficiency Managing an Organization’s Inputs, Transformations, and Outputs to Structure Automation in Administration Through its operations, a business transforms inputs into higher-value outputs. This course shows experienced managers how operational processes differ across types of businesses and how the operations function is related to the other business functions—marketing, accounting, finance, and human resources—through decisions about product design, quality management and control; capacity planning and resource scheduling; and inventory management. (2 credits) Prerequisite: MATH 153 MGT 5232 Accounting for Decision Makers Principles of financial and managerial accounting are treated in this course from the perspective of the manager who uses accounting reports rather than the accountant who creates them. The course focuses on the interpretation and analysis of financial statements, generally accepted accounting principles as reflected in the audit process and audit standards, internal control mechanisms, standard costing and variance analysis, cost-volume-profit analysis, and budgeting. (2–4 credits) MGT 5240 Statistics for Business Process Improvement Knowledge has Organizing Power Students will learn key principles of data analysis and statistical thinking that underlie contemporary management approaches to improving business performance and quality through business process improvement, such as the Six Sigma and Lean Six Sigma system employed by leading companies worldwide. Topics include: review of one- and two-sample hypothesis tests for means and proportions, quantifying process performance using process capability analysis, statistical process control, modeling relationships between process variables using bivariate and multiple regression, and introduction to two-level factorial experiments for improving business performance. (4 credits) Prerequisite: MATH 153 and MGT 5170 or equivalent. MGT 5310 Sustainable Technologies Manifesting the Channels of Wholeness Students explore the rapidly growing field of emerging technologies for renewable energy, transportation, construction, and waste treatment—in order to select one that they will go deeply into during their capstone project. (4 credits) Prerequisite: MGT 350 MGT 5311 Seminar in Sustainable Business Source, Course, and Goal of Knowledge This course is one of the capstone options for the Sustainable Business specialization. Students read on a subject of their choice under the guidance of the professor and present the results of their research orally to the class in stages during the course and in a final written report to the professor. (4 credits) Prerequisit MGT 5312 Capstone Project Integrating the Knowledge and Skills of Sustainable Business Students will be guided by faculty in the development of a complete business plan for launching and/or running a sustainable business of their choice. The project will include sufficient real data to allow students to secure the funding and other resources for implementing the model that they develop. (4 credits) Co-requisite: 12 credits in sustainable business and consent of the instructor MGT 5313 Socially and Environmentally Responsible Management Developing Inner Intelligence to Promote Socially Responsible Action An increasing number of organizations are concerned about social and environmental responsibilities in the context of sustainable development, and are interested in developing tools to improve their performance and accountability in these areas. This course introduces students to these issues with emphasis on current research in these fields. The key to sustainable progress is to align individual and collective consciousness with total Natural Law available in the Self of everyone. Topics include business ethics, stakeholder influences, corporate social responsibility, environmental management, natural capitalism, triple bottom line reporting. (2–4 credits) MGT 5314 Modeling Sustainable Technologies Knowledge is the Basis of Action Any business proposal involving sustainable technologies must analyze the performance and economics of the technology. This course trains the student in the use of software tools, such as RETscreen for modeling sustainable technologies. (2 credits) Prerequisite: MGT 5310 MGT 5340 Career Strategies Choosing a Career to Maximize Inner and Outer Fulfillment The course has a practical focus on career planning and entry into the job market. In the framework of Consciousness-Based principles for success, students consider their own skills, abilities, and objectives, and learn to design a career that utilizes their talents and creativity for maximum effectiveness, achievement, and evolution. They design an action plan to implement their career goals, and then work with the best Internet resources to research business and service organization profiles and industry trends. Students learn networking strategies, practice interviewing techniques, and using the telephone and Internet for extending their professional networks. They also develop scripts for introducing themselves and describing their achievements and capabilities with confidence in various formats, writing about themselves in the cover letter, resume, and portfolio, and speaking about themselves and what they can offer to potential colleagues, funding agencies and employers. (2 credits.) MGT 5342 Human Resource Management Designing Systems to Attract, Retain, Motivate, and Nurture the Organization’s Most Precious Resource People are an organization’s most important asset. Success comes from organizing and managing people to produce the products and services that customers value. This survey course exposes students to the full array of human resource functions: human resource planning, recruitment and selection, training and development, performance evaluation, and compensation. Topics include the legal rights and responsibilities of employers employees, and unionization. (2 credits) MGT 5350 Needs Analysis and Program Evaluation Utilizing Self-Referral Mechanisms to Improve Performance Human resource development involves identifying the specific requirements of client organizations and constructing evaluation procedures that accurately document instructional outcomes. Topics include roles in needs analysis; methods of organizational analysis, operational analysis, and job analysis; specifying objectives and outcome measures; and reporting and using evaluation data. Students apply the techniques of this course in performing the front-end analysis for a project with an actual client. (2–4 credits) Prerequisite: MGT 5342 MGT 5401 Enterprise Resource Planning In this course, business students learn how Enterprise Resource Planning (ERP) systems permit integration of business functions into one seamless information system. Students receive in-depth training as business functional analysts in finance and control through a specific ERP software application. They will learn a five-step ERP implementation methodology: project preparation, business blueprint, realization, final preparation, and implementation. Then, students apply what they have learned to a business scenario via a simulation. Students experience how business process mapping provides the fundamental, integrated intelligence for all ERP systems. (4 credits). Prerequisite: Managerial Accounting at the level of MGT 316 or 5232. MGT 5410 Information Systems Foundations Knowledge is Structured in Consciousness Effective managers have a good understanding of information systems and the opportunities provided by rapidly evolving technologies. Students in this course learn the fundamental concepts in the design and management of information systems. Topics include different types of information systems as well as tools and technologies such as networks, hardware, software, services and data. Attention will be paid also to hot new technologies like cloud computing, mobile computing, social networks and predictive analytics, with a focus on their managerial implications. The course will include several case studies and hands-on projects to develop a good understanding of information systems. (4 credits) MGT 5412 Information Systems Strategy Knowledge is the Basis of Action Information systems are a key enabler of a dynamic business strategy. Information Systems consume a significant and increasing portion of an organization’s budget. Research has shown that effective governance and deployment of information systems can provide 20% greater return on assets. An MIS professional, aspiring to be a leader, must know how to effectively align and deploy information systems to support business strategy and maximize business performance. This course covers different types of Information Systems strategies and their alignment with business strategy. The course will include several case studies to develop a good understanding of information systems strategy formulation and implementation. (2 credits). Prerequisite: MGT 5410. MGT 5414 Management of Information Systems The Organization of Intelligence Information systems consume 2–20% of an organization’s budget. Managing these investments effectively can lead to superior business performance. The purpose of this course is to understand the administration, control, management and governance of computer-based information systems, projects, and relationships with the organization. Topics include scheduling of operations, management of computer professionals, and planning and control of the systems activity. (2 credits) Prerequisite: MGT 5410. MGT 5420 Information Systems Program and Project Management Guiding the Unfoldment of Knowledge Good project management skills have become a critical necessity in today’s fast paced, dynamic business environment. More and more management tasks are being executed as projects, with skills in project planning, resource allocation and scheduling becoming a basic expertise for effective business professionals. In addition to the ‘basic’ project management competence, Business/IT professionals must know how to manage multiple projects, work with multiple vendors, negotiate and manage subcontracts and effectively execute IT/business programs. (4 credits) Prerequisite: MGT 5410. MGT 5440 Enterprise Business Processes and Applications The Flow of Knowledge Information systems are a key enabler of business processes and work flows in business organizations. Every large and small enterprise has implemented or is considering implementation of enterprise resource planning (ERP), customer relations management (CRM), supplier relations management (SRM), business intelligence (BI) systems and others to provide relevant information just-in-time in a secure way to relevant stakeholders. The purpose of this course is to understand key end-to-end business processes and discuss the key management concepts that can lead to development of competitive advantage for the business. Special attention is given to the implementation of these information systems applications. (4 credits) Prerequisite: MGT 5410. MGT 5450 Data Management Systems The Organization of Knowledge This course covers the concepts and methods associated with the definition, structure, creation, and utilization of databases for computer-based information systems. Students will undertake a class project that will require creating the logical design of business database application and implementing it using a current database development platform such as Microsoft Access. (4 credits) Prerequisite: MGT 5410. MGT 5460 Business Intelligence and Data Mining Intelligence Gives an Evolutionary Direction to Change The amount of data in organizations is growing exponentially, doubling every 18-24 months. Structured data from traditional information systems is now augmented by huge streams of data from devices, social networks, web logs, etc. Organizations that are not prepared for this increasing volume, variety, and velocity of data can drown in these streams of data, while the prepared ones can mine the data for new insights and initiatives almost in real time. This course covers the fundamental concepts of managing and mining data to support business decision making and drive business value. Topics include analysis, design and development of data warehouses; and data mining tools and techniques, including statistical and machine learning tools, to provide nearly real-time business analytics and intelligence. (4 credits) Prerequisite: CS 422 or MGT 5410. MGT 5470 Systems Analysis and Design The systems approach is an organized way of dealing with a problem. This course focuses on the middle stage of the software systems development life cycle—the detailed system study that follows a feasibility study and that is in turn followed by software engineering. The detailed system study analyzes a system in detail to gather requirements and analyzes its process elements for suitability and relevance to meet the needs of the system’s users. This leads to an iterative and creative design process, using tools such as flowcharts, data flow diagrams (DFD), data dictionary, decision tables and decision trees, to provide an effective and detailed design of the system. Prerequisite: MGT 5410 MGT 5480 Information Technology Security Avert the Danger Securing their networks and data is a key concern for all organizations. An increasingly complex IT infrastructure, including cloud computing and mobile device based access, creates many vulnerabilities for organizational networks and data. In this course, you will learn information security theory, and the skills to manage various types of security threats. You will learn about network security, application and data security, access control and identity management, and cryptography among other topics. (4 credits) Prerequisite: MGT 5410 MGT 5490 Electronic Commerce Towards Unbounded Fulfillment The Internet is a platform for communication that is instantaneous, nearly cost-less, and can reach both large populations and narrowly targeted groups. This changes the way firms work with their customers, their supply chains, and even their internal operations, and it creates opportunities to measure the effectiveness of tactics as never before. This course surveys server and hosting options, network and telephony protocols, markup languages, Web development tools, and electronic commerce packages and analyzes the current best practices in distribution, pricing, and product customization made possible through electronic commerce. Examples of major Internet business models are reviewed, including portals, auctions, community, vertical industries, and automation platforms. Topics include marketing, purchasing, payment, legal, international, tax and ethical aspects of business on the Internet. (4 credits) Prerequisite: MGT 350 MGT 5500 Financial Management Intelligently Directing the Flow of Funds to Achieve the Organization’s Strategic Goals Financial management provides an intelligent direction to the flow of funds for maximizing firm value. This course introduces techniques and concepts necessary to effectively manage the financial resources of any organization in order to achieve strategic goals. Topics include the time value of money, stock and bond valuation, the CAPM model of risk and return, capital investment decisions, the analysis of financial statements, and cash flow forecasting, and the sources of funding for a business. (4 credits) Prerequisites: MATH 153 MGT 5502 Fundamentals of Financial Analysis Intelligence Gives an Evolutionary Direction to Change This course for experienced managers reviews the basic ideas of discounted cash flow analysis and then covers Sharpe’s CAPM explanation of investors’ expected rate of return with applications to share pricing and share issuance. Principles of financial decision-making and capital budgeting are taught using cases and examples. (2 credits) Prerequisite: MATH 153 MGT 5510 Corporate Finance Using Quantitative Tools to Direct Corporate Resources for Strategic Success This course examines quantitative tools for intelligent management of corporate finances, including: optimum capital structure, analysis of portfolio and risk management, dividend policies, and critical issues related to mergers and acquisitions. Investment decision analysis topics include discounted and non-discounted cash flow analysis, ranking investment projects, income tax implications, and risk analysis. Students discover how various quantitative tools empower decision-makers with broad awareness that sharpens the ability to focus on key variables. (4 credits) Prerequisites: MGT 5170, MGT 316, MGT 350 MGT 5550 Human Resource Development Unfolding the Full Potential of the Individual The development of human resources is the most significant responsibility of managers in the knowledge economy. This course surveys the practices of employee training and development, examines research on ways to unfold the creative intelligence of personnel, and looks at the higher stages of human development required for higher levels of managerial responsibility (2-4 credits). Prerequisite: MGT 429 or MGT 5342 MGT 5551 Transcendental Meditation Program Teacher Training This course comprises the Transcendental Meditation Program Teacher Training Course, providing the knowledge and experience of consciousness as the basis of life and preparing one to present the knowledge to others. It also gives an opportunity for personal development through deeper personal experience of the Unified Field of Natural Law and understanding of the Science of Creative Intelligence. Participation in the course does not automatically qualify a student to graduate as a teacher of the Transcendental Meditation program. Further training and fieldwork may be needed before graduation as a teacher. (variable credits) Prerequisites: STC 108/109 or FOR 500 and other prerequisites as established by MVED MGT 5552 Employee Health and Wellness The Basis for Success and Fulfillment The current popularity of employee wellness programs demonstrates that corporate decision makers have a growing understanding of the connection between behavior, health and productivity. This course will review best practices to promote wellness among employees by improving diet, increasing exercise, reducing substance abuse, overcoming the harmful effects of stress, and creating a culture of happiness. The course will also examine the effect that such programs can have on the overall health of the company. (2 credits) Prerequisite: MGT 382 or MGT 429 or MGT 5342 MGT 5610 Compensation and Benefits Giving is the Basis of Receiving This course introduces students to organizational compensation, reward, and benefit programs and the theories of employee behavior used in their design and implementation. Topics include techniques to address external competitiveness (e.g., wage surveys, pay policies), internal consistency (e.g., work analysis and evaluation), recognition of employee contributions (e.g., individual and group merit programs), system administration (e.g., policies and communication), required and optional benefit programs (2–4 credits). Prerequisite: MGT 429 or MGT 5342. MGT 5620 International Finance Maintaining Cultural Integrity While Promoting Global Prosperity through the International Monetary System and Foreign Exchange Markets This course provides an introduction to the theory and practice of financial management in an international context. Topics include the international monetary system, the foreign exchange market, forecasting foreign exchange rates, management of foreign exchange exposure, international investment, and political risk management. (4 credits) Prerequisite: MGT 5500. MGT 5650 Organizational Development Unfolding the Full Potential of the Whole This course studies approaches to developing and maintaining coherent group functioning within organizations and to implementing planned organizational change. Topics include communication, attitudes, motivation, and decision making as they are relevant to improving individual and group behavior within organizations and to coordinating the introduction and implementation of change within an organization (2–4 credits.) Prerequisite: MGT 429 or MGT 382 or MGT 5342. MGT 5660 Human Resource Strategy Utilizing the Company’s Most Precious Resource to Improve Productivity and Achieve Success This course provides general managers with an understanding of key human resource factors needed to formulate integrated HRM systems that can support business strategies and provide a competitive advantage. Students learn about the processes that explain work behaviors, and how to promote behaviors to implement focused business strategy using staffing, development, and reward systems. The course shows how development of individual and collective consciousness produces effective HRM. Case studies and HR planning exercises relate the course to the students’ business goals. (2–4 credits) Prerequisite: MGT 429 or MGT 5342. MGT 5680 Advanced Investment Practices Profiting from the Principle That the Nature of Life Is to Grow Successful investing provides enormous rewards in terms of freedom and financial security. This course presents modern portfolio theory and covers how to evaluate equity and debt securities, real estate, and commodities, and how to use insurance, options, and futures to hedge risk. Students create a model portfolio based on both fundamental and technical analyses of current and historical market conditions. (2–4 credits) Prerequisite: MGT 350 or MGT 5500 MGT 5681 Socially Responsible Investing Fulfilling Individual and Societal Needs Socially responsible investing screens companies according to their industry and operational practices, looking for the businesses that will be sustainable in the long run. This introductory course reviews the basics of investment analysis, examines the philosophy that money is colored by how it is earned, and reviews the practices and performance of socially responsible investment funds. (2–4 credits) Prerequisite: MGT 350 or MGT 5500 or MGT 5502. MGT 5682 Green Investing Guiding Resources Toward Sustainable Business This course trains an aspiring financial adviser or financial analyst in the methods of research and analysis used to invest in the sustainability sector and to create “green” financial products and services. Topics include the demand for green financial services, sustainability analysis for securities, screening for green mutual funds, and analysis and use of green ETFs and green derivatives. Course participants will develop a green investment portfolio or a green financial solution. (2–4 credits) Prerequisite: MGT 350 or MGT 5500 or MGT 5502 MGT 5690 International Business Broad Comprehension and Fine Focus to Think Globally and Act Locally This course explores the issues of marketing, finance, and management as they exist in the international business environment for both a multinational corporation and single businessperson. Differences between business practice in the U.S. and abroad are explored where those differences affect business objectives. Cultural, economic, governmental, and demographic issues are studied through lectures and cases. (2–4 credits) Prerequisite: MBA standing. MGT 5730 Advertising The Flow of Information from Producer to Buyer This course explores the approaches to effective advertising necessary to achieve sales and market share objectives. Topics include review of consumer behavior and buying patterns, differences between individual and corporate buying, defining objectives, expenditure analysis, media selection; and the design, management, and evaluation of advertising programs. (2–4 credits). Prerequisite: MGT 378. MGT 5700 Business Analysis for Management Accountants Developing the Ability to Shift Attention from Analysis to Synthesis Enlightened managers easily move from broad awareness of strategic issues to the fine points of operational business decisions. In this course, students exercise the swing of their awareness by working case exercises in economics, global business issues, internal controls, analytical decision-making, and financial statement analysis. A survey of subjects covered in part 1 of the CMA examination. (4 credits) Prerequisite: MGT 316 MGT 5740 Marketing Research Using Data Analysis to Identify Trends in Collective Consciousness and Assess Support for New Business Ideas Market research is the first activity that should be conducted when contemplating a new business or governmental activity. It is the means for refining an initial idea to a concept that is maximally supportable by the environment. The course covers specification of information needs, research design methods, sources of marketing information, analyzing and interpreting data, and developing evaluation and feedback systems. (2–4 credits) Prerequisite: MGT 378 MGT 5750 Internet Marketing This course presents the core aspects of marketing online, including usability oriented site architectures, pay per click campaigns, search engine optimization, social media and content strategies. Students develop a working website to demonstrate mastery of these concepts. (2–4 credits) Prerequisite: MGT 378 or MGT 5780 MGT 5751 Analytics for Internet Marketing Web analytics is a process that extracts useful business intelligence from data about customer behavior on the Internet. In this course, you learn how to use industry-standard analytics tools to both measure return on investment and make adjustments to online presentations in order to maximize success in achieving key performance goals. (2-4 credits) Prerequisite: MGT 5750 MGT 5780 Marketing Management Creating a Positive Influence to Attract, Satisfy, and Retain Customers Marketing is the process of creating exchanges that satisfy individual and organizational objectives. This course covers market research methods to understand consumer behavior and market segmentation with implications for product design and policies on advertising, pricing, distribution, and sales force management. (2–4 credits) MGT 5770 Accounting Reporting and Control Purifying the Process of Information Presentation by Utilizing Cycles of Rest and Activity Managers, who experience regular cycles of rest and activity in their mind and body, enliven organizing power. This course offers mini-cases in budgeting, cost management, performance measurement, information management, and external financial statement preparation – all of which facilitate insightful decision-making. A survey of subjects covered in part 2 of the CMA examination. (4 credits) Prerequisite: MGT 316 MGT 5781 Green Marketing Promoting Evolutionary Values At the heart of sustainable business are customers who want sustainable products and value sustainable practices. This course explores the evolution of market segments in the sustainability arena, the range of “green” products and services, marketing research for radical product redesign, the role and use of ecolabels, marketing strategies for green products, and the current FTC rulings on environmental marketing claims. (2–4 credits) Prerequisite: MGT 5780 or equivalent. MGT 5790 International Marketing Expanding the Range of One’s Influence This course examines the development of international marketing programs, from the determination of objectives and evaluation of international market opportunities through the coordination of strategies in world markets. It emphasizes the application of basic marketing principles in the global environment, the extent of standardization of marketing programs across several countries, and the selection of appropriate entry strategies for foreign markets (2–4 credits) Prerequisite: MGT 378 MGT 5810 Employment Law Aligning Behavior with Natural and National Law This course examines the growing body of employment-practices law and its impact on human resource policy and decision-making. Topics include equal employment opportunity and discrimination, occupational safety and health, compensation and benefits, employee protection, and labor relations. Special issues (e.g., adverse impact in employee selection, wrongful discharge, sexual harassment, disabilities) are discussed in the context of statute, case law, and implications for managers in the work setting. (1–4 credits) MGT 5820 Management and Organization Expanded Consciousness Is the Basis of Ideal Behavior at the Individual, Team, and Organizational Levels An understanding of the principles of human behavior at the individual, interpersonal, group, and organizational levels of analysis is critical to successful planning, organizing, and implementation by any manager. This course explores the dynamics of individual and group achievement from the perspectives of both skills and theory. Topics include general management theory, leadership, delegation and coordination, planning and problem solving, organizational structure, and organizational change. (2–4 credits) MGT 5821 Leadership and Teamwork Leading from the Field of All Possibilities World-class leadership in organizations involves both knowledge about and skills in leading individuals and teams. In this course, students practice effective leadership behaviors, teamwork, and communication through writing emails and making PowerPoint presentations. They also discover leading-edge techniques in behavioral-based interviewing, managing employee performance, and creative employee recruitment techniques. Students will be challenged by individual and small group projects, case studies, Harvard Business Review articles, field trips, and guest speakers. (2 credits) MGT 5830 Mediation and Negotiation This course is a survey of negotiation, mediation, and arbitration methods of resolving disputes without litigation in the public as well as private sectors. Students gain practical negotiation skills through participation in negotiation and mediation workshops and the analysis of case studies. Topics include understanding the perspective of other parties, analyzing the structure of negotiations, building a productive framework for negotiation, defining objectives and strategy, framing proposals, and finding “win/win” solutions. (2–4 credits) MGT 5852 Lean Accounting Transformation Transforming the Flow of Information Using Nature’s Principle of Least Action As Lean Management techniques sweep the world, accountants are asked to prepare reports and support decision-making utilizing a new set of reporting tools. In this course, students begin with an intensive review of traditional management accounting topics (including cost-volume-profit analysis, variable costing, incremental analysis, and responsibility accounting) each of which are foundational for Lean Accounting. Through case studies, guest lectures, articles, and field trips, students will explore how to: (a) support Lean Management transformation by preparing reports that will facilitate analysis and decision-making, and (b) implement Lean Management techniques to improve internal accounting services. Additional lectures cover contemporary topics in financial accounting including Sarbanes-Oxley Act, US payroll accounting, and US-GAAP. (4 credits) Prerequisite: MGT 5142 MGT 5853 Systems for Developing Organizational Excellence Maximizing Sustainable Organizational Brilliance In the past ten years, business leaders around the world have developed new methodologies to steer their organizations towards sustainable achievement of “Triple Bottom Line” success, i.e., financial results, social responsibility, and environmental stewardship. In this course, students will learn about the major programs for developing organizational excellence including Six Sigma, Lean Management, Balanced Scorecard, Continuous Process Improvement (kaizen), and other best practices methodologies. (2 credits) MGT 5854 Lean Management Principles Managing According to Natural Law Through selected journal and website articles, students are introduced to the basic concepts of Lean Management as exemplified in the Toyota Production System. The elements, rules and tools of lean are explored as a methodology for aligning an organization’s strategic and operational plans to be consistent with Nature’s organizing principles. Students write essays and take online quizzes to demonstrate mastery of the material. (2 credits) MGT 5855 Lean Accounting I Transformation through Organizational Self-referral To effectively support lean management initiatives, accountants must embrace new procedures to prepare management reports that focus on inventory size reductions, tracking of waste and failure costs, and improved productivity and occupancy costs. They must reveal the causal factors that drive lean success. They must think creatively about how to structure compensation systems that encourage lean behaviors. Through articles, case studies, lectures, and written assignments, students will gain a solid foundation for facilitating lean transformation. (2 credits) Prerequisite: Intermediate Accounting I & II (MGT 440 & MGT 441 OR MGT 5141 and 5142) MGT 5856 Lean Accounting II Creating Coherence in the Flow of Accounting Services In this course, students learn how to apply the concepts of lean management to streamline accounting processes and to better meet the needs of the internal customers who use accounting services. Students learn how to assess internal customer requirements, how to map accounting value streams, how to identify non-value added activities, and how to conduct kaizen events to continuously improve accounting services. (2 credits) Prerequisite: Lean Accounting I (MGT 5855) MGT 5857 Cases in Lean Management and Accounting Sharpening the Intellect to Improve Performance Through detailed case studies and articles, students dig deeply into the details of how organizations have applied lean concepts to improve key management systems and accounting business processes. Topics include performance metric systems, revised compensation incentives, revised management accounting reports, work cell box scores and balanced scorecard implications. (2 credits) Prerequisite: MGT 5855 MGT 5858 Implementing Lean Accounting in Organizations Applying the Principle of Least Action for Maximum Success In this course, students are required to either implement some aspect of lean accounting within their organization or to write an instructional case study on some aspect of lean accounting. Faculty approves projects based on proposal submissions. Guidelines will be provided on case study write-ups. (2 credits) Prerequisite: MGT 5855 MGT 5859 U.S. and International Accounting Practices Order is Basis of Success In this course for experienced international accountants, important topics are covered to orient accounting professionals to the USA workplace. Students learn the US-GAAP procedures for accounting for payrolls, uncollectible accounts receivable, marketable securities, periodic and perpetual inventories. Additional topics include preparation of financial statements, provisions of Sarbanes Oxley Act, convergence issues regarding IFRS, financial ratios for investments, and foundations of strategic planning. Students begin a comprehensive review of managerial and cost accounting. By examining the rules and regulations for economic order in the USA, students appreciate the framework for building their professional success. (2 credits) MGT 5881 Sustainable Community Development Building a Whole that is More Than the Sum of Its Parts The aspiration of individuals to meet present needs without compromising the ability of future generations to meet their needs is most effectively undertaken on the community level. This course will focus on how to foster sustainable communities through public policy, corporate citizenship, economic development, and social marketing. As part of the course, students will prepare and give presentations to local community leaders to inspire and help them take action. (2-4 credits) Prerequisite: MGT 382. MGT 5910 Practicum Away Stabilizing Knowledge Gained with Practical Experience Action creates the steps of progress. Students gain hands-on accounting experience with a U.S. company as a financial analyst, staff accountant, internal auditor or another type of accounting-related work. Training goals and objectives will be developed in conjunction with the on-site company supervisors. Students write a case study based on their experience at work. (2–4 credits) MGT 5980B Business Internship Skill in Action During internships students apply the knowledge from their management courses in supervised practical settings. (3 credits) Prerequisite: consent in the form of written authorization of international student advisor. MGT 5980U University Internship Skill in Action During internships students apply the knowledge from their management courses in supervised practical settings. (3 credits) Prerequisite: consent in the form of written authorization of international student advisor. STC 508: Science and Technology of Consciousness The Science and Technology of Consciousness (STC) is a basic course in Consciousness-Based education that is the unique educational approach of Maharishi University of Management. Our university was inspired by the teachings of Maharishi Mahesh Yogi, a scientist and Vedic scholar from India. The practical aspect of STC is the Transcendental Meditation technique, a simple non-religious mental technique that produces positive effects on mental health, physical health, and social behaviors. For more information, go to www.tm.org. (2 credits) The goal of this course is for you to gain experience and understanding of consciousness as the unifying basis of all branches of knowledge. This course provides a foundation for all other courses you will take at Maharishi University of Management and introduces you to key ideas and terms relevant to your studies and to your experience here. By the end of this course, you will be able to: Understand the relationship between your individual self and your universal Self—the field of pure inner wakefulness, unbounded pure consciousness, at the source of thought. Use principles of the Science of Creative Intelligence to deepen your understanding of foundational principles in the arts, sciences, and humanities. Articulate how growth of consciousness and the study of inner subjectivity enrich education and other areas of life. FOR 500 The Science of Creative Intelligence Understanding and Experience of the Source, Course, and Goal of Creative Intelligence in Your Own Pure Consciousness as the Basis of All Knowledge and Success in Life In the Science of Creative Intelligence, students study the structure of the field of pure intelligence, from which all fields of knowledge arise. Only from this most fundamental level can knowledge be unified. This course examines how the creative intelligence displayed in every grain of creation arises in a systematic and sequential fashion from within that one basic universal field. Students also examine how one can access and use that universal field of intelligence to bring fulfillment to their own lives and to life on earth. In 1972, Maharishi laid out the main principles of this new science in a 33-lesson, videotaped course. He integrated the understanding of nature’s intelligence provided by modern science (through its objective approach) and by ancient Vedic Science (which utilizes both objective and subjective approaches to gaining knowledge). Students not yet instructed in the Transcendental Meditation program learn this simple, effortless technique as part of the SCI course. (4 credits). See a more complete list and descriptions of Forest Academy Courses.