For further information on the MSM Program please contact: Janelle Meehan, Tel:

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1 Information on the New MS Management Program [MSM] and Comparisons of the Old and New MSM Programs at Polytechnic University August 9, 2007 Revision The course structure of MSM Program at Polytechnic University changes on September 1, This document provides a quick summary of the new MSM Program course structure and brief comparisons of the old and new MSM Programs. The Department of Management is especially committed to helping MSM students enrolled in the old MSM Program make a smooth transition into the new MSM Program. The old MSM Program course structure ceases on August 31, Beginning on September 1, 2007, the new MSM Program consists entirely of three-credit courses. The new MSM Program also requires twelve courses, which equals thirty-six credits in total. Table 1 summarizes the differences between the old and new MSM curricular requirements for graduation. Please note especially that the course, 3 Technology Strategy, is part of the core in the new MSM Program, reflecting the growing importance of technology and innovation strategy throughout the modern economy and the overarching character and mission of the new MSM Program. Concentrations in the new MSM Program include: Technology Management Entrepreneurship Electronic Business Information and Telecommunications Management Project Management Human Resource Management Construction Management Table 2 provides the course requirements for each MSM Concentration in both the old and new MSM Programs. Management courses in the new MSM Program are listed in Table 3. Requirements for Advanced Certificates associated with the new MSM Program are provided in Table 4. Exhibit 1 provides Catalog descriptions of core MSM courses in the new MSM Program. For further information on the MSM Program please contact: Janelle Meehan, [email protected]; Tel: The old MSM consisted of 36 units, which equaled 30 credits. There were eight concentrations in the old MSM Program.

2 2 Old MSM Requirements New MSM Requirements Core Courses All of: MG 601, OB MG 607, Marketing MG 608, Economics MG 609, Accounting & Finance MG 650, Management of Information & Information Systems 5 Classes at 3 Units each: 15 Units All of the following: OB 6013, OB MG 6073, Marketing MG 6083, Economics MG 6093, Accounting & Finance MG 6503, Management of Information & Information Systems 3, Technology Strategy 6 Classes at 3 Credits each: 18 Credits Concentration Courses For each concentration, 4 courses of 3 units each were required. Typically, each concentration required 3 identified courses and allowed the 4 th class to be chosen from a list of concentration electives. Exceptions to this were the Telecommunications Management and Construction Management concentrations which had different structures. Students were also permitted to (with the consent of their adviser) design their own concentrations these also had to be at least 12 units in size. Completing a concentration of study requires 15 credits of class work. Each concentration generally requires the completion of two specified 3- credit courses. The remaining 9 credits consist of courses of interest. 2 Please note that this structure allows students flexibility to custom create their own educational experiences to the fullest degree possible while maintaining educational excellence. Free Electives 2 courses of 3 units each: 6 units None (However, within a concentration there is now generally wide choice) Capstone MG 970, 3 units (or thesis) MG 9703, 3 credits (or thesis) TOTAL 36 units (i.e. 30 credits) 36 credits Table 1: Course Requirements for the Old and New MSM Programs 2 In all places where courses of interest appears the reader should assume that students may choose classes with prefixes of MG, OB, or FE (excluding executive format-format classes in Manhattan and perhaps elsewhere). In some cases, and only with the advisor s written approval, some of these credits may be from other graduate programs.

3 3 Table 2: Concentration Requirement in the Old & New MSM Programs Old MSM Requirements ENTREPRENEURSHIP Required : MG 865 New MSM Requirements ENTREPRENEURSHIP 3 (Entrepreneurship) MG 8653 (Innovation Management) MG 646 MG 860 MG 863 MG 864 ELECTRONIC BUSINESS Required : MG 717 TECHNOLOGY MG 646 MG 652 MG 655 MG 860 MG 863 MG 864 MG 864 MG 865 Select 6 credits from the following: MG 7873 MG 8713 MG 8723 MG 8733 MG 8743 Select 3 credits of courses of interest 3 ELECTRONIC BUSINESS Required : MG 7173 (Enterprise Data Systems) 3 (Electronic Business Management) TECHNOLOGY 3 (Project Management) 3 In all places where courses of interest appears the reader should assume that students may choose classes with prefixes of MG, OB, or FE (excluding executive format-format classes in Manhattan and perhaps elsewhere). In some cases, and only with the advisor s written approval, some of these credits may be from other graduate programs.

4 4 INFORMATION TELECOMMUNICATIONS HUMAN RESOURCE MG 646 MG 652 MG 655 MG 664 MG 860 MG 717 MG 626 MG 652 MG 655 MG 655 MG 656 Select two: MG 652 MG 717 MG 612 MG 633 MG 865 MG 8653 (Innovation) See below (Combined) Concentration in: INFORMATION AND TELECOMMUNICATIONS MG 6553 (Telecommunications Management I) MG 7173 (Enterprise Data Systems) HUMAN RESOURCE OB 6123 (Human Resource Management) Choose one of: OB 6173 (Performance

5 5 CONSTRUCTION OPERATIONS MG 611 MG 613 MG 614 MG 616 MG 617 MG 620 MG 621 MG 622 MG 623 MG 624 MG 625 MG 626 MG 628 MG 635 Select four: MG 624 or MG 630 or MG 635 MG 825 MG 826 MG 827 MG 630 MG 635 MG 610 MG 616 MG 646 MG 864 MG 865 Measurement & Reward Systems) or OB 6223 (Staffing Organizations) CONSTRUCTION MG 6303 (Operations Management) 3 (Project Management) Select 9 credits of courses from the following: CE/MG 8253 CE/MG 8263 CE/MG8273 CE 8283 CE 8303 CE 8243 New Concentration in: PROJECT MG 6303 (Operations Management) 3 (Project Management)

6 6 Table 3: Management Courses in the New MSM Program (Corresponding old course numbers in the old MSM Program are given in parentheses): 4 5 MG 5050 Probability and Managerial Statistics (MG 505) OB 6013, Organizational Behavior (MG 601) MG 6073, Marketing (MG 607) MG 6083, Economics (MG 608) MG 6093, Accounting & Finance (MG 609) MG 6103, Management Science, (MG 610) MG 6303, Operations Management (MG 630) MG 6353, Quality (MG 635) MG 6463, Supply Chain Management (MG 646) MG 6503, Management of IT & IS (MG 650) MG 6523, Telecommunications Policy (MG 652) 3, Economics for Information Sectors () MG 6553, Telecommunications Management I (MG 655) MG 6563, Telecommunications Management II (MG 656) 3, Management of New and Emerging Technologies () MG 6643, Management and the Legal System (MG 664) MG 7173, Enterprise Data Systems (MG 717) 3, Electronic Business Management () MG 7693, Managerial Analytics MG, 7703, Entrepreneurship () MG, 7733, Services Innovation MG 7871, Introduction to Managing Intellectual Property * MG 7733, Managing Intellectual Property and Intellectual Capital 3, Project Management () MG 8603, Financial Planning and Control (MG 860) 4 A normal MSM 3.0-credit course can incorporate at least 225 non-classroom contact minutes (113 nonclassroom contact minutes for any 1.5 credit MSM course) of required work. (Based on the following calculations: Under the current schedule, each class is about 135 minutes (15 weeks X 50 minutes X 2.5 credits divided by 14 weeks (based on a 6-8:15- PM class)= minutes rounded to 135 minutes. Under the new curriculum, it would be: 15 weeks X 50 minutes X 3.0 credits divided by 15 weeks= 150 minutes. If one maintained the current schedule, the shortfall would be 15 minutes per week. Therefore, one could assign 225 minutes (15 X 15) of non-classroom work for a 3.0 credit MSM course to make up the shortfall. Source: communication from Richard Feltman, Associate Registrar, to Mel Horwitch, 2/23/07) Such non-classroom activities can usefully comprise assigned project work, assigned academic exercises, assigned or required online dialogue, and/or other appropriate and relevant required academic activities. 5 Also, as in the past, the new MSM Program will also leverage a number of courses from the MSOB and MSCE Programs. However, this document does not fully specify course number changes to those programs. We will support the continued use by MSM students of OB courses (numbered in the old MSM Program MG 61x and MG 62x in the old MSM Program) and appropriate Civil Engineering courses (those numbered CE 82x) in the new MSM curriculum. * To be offered only at the request of other Departments

7 7 MG 8633, Market Research (MG 863) MG 8643, New Product Development (MG 864) MG 8653, Managing Technological Change and Innovation (MG 865) MG 8663, Technology Policy (MG 866) 3, Technology Strategy () MG 8711, Introduction to Entrepreneurial Finance* MG 8713, Entrepreneurial Finance MG 8721, Introduction to Managing Growing Enterprises* MG 8723, Managing Growing Enterprises MG 8731, Introduction to Corporate Entrepreneurship * MG 8733, Corporate Entrepreneurship MG 8741, Introduction to Entrepreneurial Marketing and Sales* MG 8743, Entrepreneurial Marketing and Sales MG 8763, Knowledge Management (MG 876) MG 9703, Project in Strategy & Innovation Management (MG 970) MG 9753, Selected Topics in Management (MG 975) MG 9763, Readings in Management (Mg 976) MG 9771, Readings in Management (MG 977) MG 9781 Selected Topics in Management (MG 978) MG 9973 Thesis for Degree of Master of Science (MG 997) * To be offered only at the request of other Departments

8 8 Table 4 Advanced Certificates in Management The requirements for Advanced Certificates associated with the new MSM Program are as follows: 6 1. Advanced Certificate in Entrepreneurship: A total of at least 15 credits, including 3 and MG 8653 and Select three courses from the following five courses: MG 7873, MG 8713, MG 8723, MG 8733, MG 8743, MG Advanced Certificate in Electronic Business Management: A total of at least 15 credits, including MG 7173 and 3 3. Advanced Certificate in Technology Management: A total of at least 15credits, including 3 and MG Advanced Certificate in Information Management: A total of at least 15 credits, including, MG 6503 and MG Advanced Certificate in Telecommunications Management: A total of at least 15 credits, including MG 6553 and MG Advanced Certificate in Human Resource Management: A total of at least 15 credits, including OB 6123 and MG Advanced Certificate in Construction Management A total of at least 15 credits, including three of the following: MG 6303, 3, CE 8253, CE 8263, CE 8243 and CE Advanced Certificate in Project Management: A total of at least 15 credits, including MG 6303 and 3 6 In all Advanced Certificate Programs it is required that all 15 credits be in courses with the prefix MG, except for the Advanced Certificate in Human Resource Management and in Construction Management

9 9 Exhibit 1 Catalog Course Descriptions for Core Courses in the New MSM Program MG 6073 Marketing Marketing concepts, processes and institutions: positioning, segmentation and product life cycles. Integration of marketing with new product planning, design and development. Strategies for technologybased products, services and processes. Market research, consumer behavior, advertising, promotion and sales. The special character of industrial, governmental and international markets. MG 6083 Managerial Economics The fundamentals of microeconomics needed by managers. Demand theory (theory of the consumer) including models of demand, demand elasticity and demand forecasting. Supply theory (theory of the firm) including diminishing returns, profit maximizing production levels, labor/capital tradeoffs and longrun vs. short-run issues. Market structures and how they affect optimal production and profit levels. Positive and negative externalities and government intervention including regulation, tariffs and subsidies. Selected applied topics. All topics are presented with emphasis on managerial application in industries that create or intensely use technology. MG 6093 Managerial Accounting and Finance Elements of accounting and finance of importance to managers. Analysis of principles and practices of the finance function. Financing methods for internal and external ventures and innovations; capital budgeting; R&D portfolio analysis. Contrast of strategic perspectives emphasizing innovation and development with those emphasizing short-term return and investment. MG 6503 Management of Information and IT This course is designed for managers who need to understand the role and potential contribution of information technologies in organizations. The focus of the course is on different information technologies and their applications in managing business critical data, information and knowledge. The course concentrates on the current state of IT in organizations, challenges and strategic use of IT, IT infrastructure and architecture, building, implementing and managing IT applications, and emerging issues in leveraging information and information systems to create business advantage. 3 Technology Strategy Examines in depth the strategic technological decisions that a general manager faces. From entrepreneurial start-ups to established companies, in dynamic as well as mature environments, there must exist a conscious process of formulating and implementing a technology strategy to serve the business interests of the firm. Such a strategy guides investments in research and development, selection among and timing of alternate technologies, organization and communications, formation of alliances and funding of ventures. OB 6013 (As described the new MS Organizational Behavior Program)