Master of Business Administration: Mastering Business Excellence for Strategic Leaders

CMU’s MBA in Business Administration focuses on entrepreneurship, leadership, and strategic management. Take 4 courses:

LED 6920: Organizational Innovation and Change (3 credits)

This course provides concurrent tools and skills for understanding the impact of a rapidly changing environment in global business. Today’s organizations are faced with increasingly complex and dynamic changes. This course offers a practical application oriented review of innovative and change practices that evolves within organizations by leaders and managers communicating and collaborating to advance the organizational culture. Accordingly, the course relies on two overarching frameworks. The first is a model of organizational alignment; the second is a model for managing innovation and change processes.

BUS 6590: Business Ethics (3 credit hours)

Assists students in ethical decision-making in a business context by investigating managerial issues faced by contemporary leaders. Emphasis is on ethical approaches to problem solving, communication and managing people. Also presented is the impact that various leadership styles have on organizations.

ENT 6431: Entrepreneurial Business in the Digital and Virtual Environment (3 credit hours)

In this course, students will engage in a dynamic and developmental phase of ventures, business ambitions, customer/client relationship in a digital and virtual environment. The Global Business Environment require entrepreneurial skills like business plans, market strategies, financial and organizational planning in a Digital and Virtual Environment.

MGT 6601: International Business Management or TEC 6951 (3 credit hours)

Explores aspects of international and transnational business including exchange rates, cultural differences and political risks. Also discusses issues related to controlling and staffing enterprises that are physically remote from a business’ primary location, and fashioning business relationships with those who have differing forms of conducting business.

TEC 6951: Strategic Management of Technology and Innovation or MGT 6601 (3 credit hours)

Focuses on the organization and management of innovation in the workplace. Topics include: types and patterns of innovation, collaboration strategies, formulating technological innovation strategy, and defining and implementing the organization’s strategic direction. This course will teach students to appreciate the importance of personal creativity and social interaction for the development and implementation of new ideas, services, products and processes.

International Students Only:

*BUS 6001 Business Administration Career Practical Training

This course is an elective externship course. This course is three-semester credit units and requires 135 hours of externship in the eight-week session. The course is designed to give the student practical on-the-job experience in the directed area of business administration. The course presents an opportunity for students to apply the knowledge and skills they have learned during their program of study in a real-world setting. This course may be repeated. Only the first three semester credits count toward the required 39-semester units required for graduation. *Prerequisite: One eight-week session of full-time course work. (3 credit hours) Repeatable in BUS 6002 (1 credit hour)

**BUS 6002 Business Administration Career Practical Training Extension

This one-semester unit course is an extension of the BUS 6001 course and is pass/fail. The semester credit for this one-unit course will not count toward the required 39-semester units required for graduation. ** Prerequisite: BUS 6001 (1 credit hour) Repeatable

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CMU’s MBA in Finance attracts professionals in a variety of industries, including commercial and corporate banking, investment services and real estate. Take 4 courses:

FIN 6001: Security Markets and Investments (3 credit hours)

This course focuses on securities markets, risk-return characteristics of investment, concepts of security analysis, various financial instruments, and investment and portfolio strategies of individual and institutional investors.

FIN 6002: Financial Institutions and Markets (3 credit hours)

Focuses on the management of financial institutions, and the functions of money in capital markets. Topics include risk management, deposits and deposit insurance, liquidity, reserve requirements, capital adequacy, liability management, investment interest rate risk and current issues connected with financial institutions.

FIN 6003: Financial Statement Analysis and Valuation (3 credit hours)

Examines advanced topics in corporate finance with an emphasis on valuation as a central concept. This course introduces techniques of valuation and the corporate decisions that affect value. These decisions include the areas of financial analysis, ownership structure, acquisitions, dividends, compensation and agency theory.

FIN 6651: International Finance (3 credit hours)

Addresses international monetary systems, balance of payments, adjustment mechanisms, international interdependence, and the relationship between domestic monetary and exchange rate policies. This course also presents arbitrage and arbitrage like transactions playing a key role in financial contracts, as well as the finance methodologies of multinational corporations, foreign exchange and banker’s acceptances.

International Students Only:

*BUS 6001 Business Administration Career Practical Training

This course is an elective externship course. This course is three-semester credit units and requires 135 hours of externship in the eight-week session. The course is designed to give the student practical on-the-job experience in the directed area of business administration. The course presents an opportunity for students to apply the knowledge and skills they have learned during their program of study in a real-world setting. This course may be repeated. Only the first three semester credits count toward the required 39-semester units required for graduation. *Prerequisite: One eight-week session of full-time course work. (3 credit hours) Repeatable in BUS 6002 (1 credit hour)

**BUS 6002 Business Administration Career Practical Training Extension

This one-semester unit course is an extension of the BUS 6001 course and is pass/fail. The semester credit for this one-unit course will not count toward the required 39-semester units required for graduation. ** Prerequisite: BUS 6001 (1 credit hour) Repeatable

An MBA in Health Care Management allows students to focus on the business of health care, health care policy, IT, and management. Take 4 courses:

HCM 6001: Health Care Policy Analysis and Decision Making (3 credits)

Surveys theory and practice in the management and policy sciences as applied to the field of public health care. Students will gain an understanding of the U.S. public healthcare system, legal bases of public health care, methods of policy analysis, and public and private sector institutions.

HCM 6002: Ethical and Legal Issues in Health Care Management (3 credit hours)

This course addresses regulatory agency and other public policies that influence the direction and financing of health care systems. Students will be asked to identify the various ethical theories and belief systems and critique the relationships between risk management, quality assurance and resource allocation. Additional topics include: a current and historical overview of health care delivery in the developed and developing countries, and applications of the laws that affect the operational decisions of health care providers and managers.

HCM 6003: Advanced Community Health Care Management (3 credit hours)

Focuses on the principles of population-based health care systems that promote good health in communities. Students will examine population aggregates in structured and unstructured settings, as well as strategies to evaluate health outcomes and cost of care.

HCM 6005: Operations in Health Care Management (3 credit hours)

Presents the field of operations management as it relates to integrated health care delivery systems. This course demonstrates the important relationship between operations research and the management of complex health care delivery organizations. Additional areas of focus include: strategic planning, system design, quality measurement and productivity analysis. This course will be of interest to future health care delivery system managers, operations consultants and decision-makers in organizations that support health care delivery.

International Students Only:

*BUS 6001 Business Administration Career Practical Training

This course is an elective externship course. This course is three-semester credit units and requires 135 hours of externship in the eight-week session. The course is designed to give the student practical on-the-job experience in the directed area of business administration. The course presents an opportunity for students to apply the knowledge and skills they have learned during their program of study in a real-world setting. This course may be repeated. Only the first three semester credits count toward the required 39-semester units required for graduation. *Prerequisite: One eight-week session of full-time course work. (3 credit hours) Repeatable in BUS 6002 (1 credit hour)

**BUS 6002 Business Administration Career Practical Training Extension

This one-semester unit course is an extension of the BUS 6001 course and is pass/fail. The semester credit for this one-unit course will not count toward the required 39-semester units required for graduation. ** Prerequisite: BUS 6001 (1 credit hour) Repeatable

CMU’s MBA in Strategic Leadership and Management in Global Business will include the following concentration courses. Take 4 courses:

LED 6910: Coaching, Mentoring and Team Dynamics (3 credit hours)

This course offers the key tools that leaders or managers need to become effective coach and/or mentor while developing teams. Topics include building trust, showing empathy, active listening, using influence tactics, helping others set goals, monitoring performance, giving feedback, encouraging positive actions, discouraging negative actions, training team members, helping others solve problems. Develop effective coaching and communication skills which are vital in organizations to build rapport among colleagues, create positive instructional change, and enhanced self-esteem.

ENT 6431: Entrepreneurial Business in the Digital and Virtual Environment (3 credit hours)

In this course, students will engage in a dynamic and developmental phase of ventures, business ambitions, customer/client relationship in a digital and virtual environment. The Global Business Environment require entrepreneurial skills like business plans, market strategies, financial and organizational planning in a Digital and Virtual Environment.

LED 6851: Conflict Resolution and Negotiations Processes (3 credit hours)

This course offers the central principles of effective conflict resolution and negotiations as it applies to interdisciplinary sources of conflict and integrates an overview of how to deal with interpersonal, inter-group, organizational, community, international, and intercultural conflict incorporating various negotiation techniques. The nature of impasses—what makes negotiations intractable—and discuss four elements that make negotiations difficult to resolve: the parties, the negotiation setting, the types of issues, and the conflict management processes are the key topics covered. Students will learn critical skills from practical and application oriented cases.

LED 6920: Organizational Innovation and Change (3 credit hours)

This course provides concurrent tools and skills for understanding the impact of a rapidly changing environment in global business. Today’s organizations are faced with increasingly complex and dynamic changes. This course offers a practical application oriented review of innovative and change practices that evolves within organizations by leaders and managers communicating and collaborating to advance the organizational culture. Accordingly, the course relies on two overarching frameworks. The first is a model of organizational alignment; the second is a model for managing innovation and change processes.

International Students Only:

*BUS 6001 Business Administration Career Practical Training

This course is an elective externship course. This course is three-semester credit units and requires 135 hours of externship in the eight-week session. The course is designed to give the student practical on-the-job experience in the directed area of business administration. The course presents an opportunity for students to apply the knowledge and skills they have learned during their program of study in a real-world setting. This course may be repeated. Only the first three semester credits count toward the required 39-semester units required for graduation. *Prerequisite: One eight-week session of full-time course work. (3 credit hours) Repeatable in BUS 6002 (1 credit hour)

**BUS 6002 Business Administration Career Practical Training Extension

This one-semester unit course is an extension of the BUS 6001 course and is pass/fail. The semester credit for this one-unit course will not count toward the required 39-semester units required for graduation. ** Prerequisite: BUS 6001 (1 credit hour) Repeatable

CMU’s MBA in Artificial Intelligence will include the following concentration courses. Take 4 courses:

AI 5030 Gen AI and Prompt Engineering in Business

This course provides a comprehensive introduction to the applications of Generative AI and Prompt Engineering in the business context. It is designed for MBA students to leverage AI tools for enhancing decision-making, strategy, and operational efficiency. The course emphasizes practical skills over theoretical concepts, enabling students to implement AI-driven solutions in real-world business scenarios.

AI 5031 AI Driven Strategy and Risk Management

This course explores the integration of Artificial Intelligence (AI) into strategic planning and risk management. It is designed for MBA students to develop the ability to harness AI technologies for enhancing business strategies and managing risks. The course emphasizes practical skills, enabling students to apply AI-driven approaches to real-world business scenarios, optimizing strategic decisions, and mitigating risks effectively.

AI 5032 AI Driven Business Intelligence and Customer Insights

This course delves into the transformative role of Artificial Intelligence (AI) in business intelligence and customer insights. It is designed to equip MBA students with the knowledge and tools to leverage AI technologies to extract actionable insights from data, drive strategic decision-making, and enhance customer engagement. The course prioritizes practical applications, enabling students to implement AI-driven solutions that deliver tangible business outcomes.

AI 5033 AI Transformation and Integration

This course provides an in-depth understanding of managing AI transformations and integrating AI technologies into business processes. Designed for MBA students, the course focuses on the strategic, operational, and managerial aspects of AI implementation. Students will learn how to lead AI transformation initiatives, integrate AI solutions into existing systems, and manage the change process to ensure successful adoption and optimization.

International Students Only:

*BUS 6001 Business Administration Career Practical Training

This course is an elective externship course. This course is three-semester credit units and requires 135 hours of externship in the eight-week session. The course is designed to give the student practical on-the-job experience in the directed area of business administration. The course presents an opportunity for students to apply the knowledge and skills they have learned during their program of study in a real-world setting. This course may be repeated. Only the first three semester credits count toward the required 39-semester units required for graduation. *Prerequisite: One eight-week session of full-time course work. (3 credit hours) Repeatable in BUS 6002 (1 credit hour)

**BUS 6002 Business Administration Career Practical Training Extension

This one-semester unit course is an extension of the BUS 6001 course and is pass/fail. The semester credit for this one-unit course will not count toward the required 39-semester units required for graduation. ** Prerequisite: BUS 6001 (1 credit hour) Repeatable