How To Pass An Mba

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1 etroy Capstone Experience T For course syllabus posted prior to the beginning of the term, the instructor reserves the right to make minor changes prior to or during the term. The instructor will notify students, via or Blackboard announcement, when changes are made in the requirements and/or grading of the course. Sorrell College of Business Vision Statement The Sorrell College of Business will be a recognized and respected leader for quality and flexibility in the delivery of business education that prepares graduates to succeed in the global business environment. For course syllabus posted prior to the beginning of the term, the instructor reserves the right to make minor changes prior to or during the term. The instructor will notify students, via or Blackboard announcement, when changes are made in the requirements and/or grading of the course. Sorrell College of Business Mission Statement The Sorrell College of Business supports the Troy University mission by preparing our diverse student body to become ethical professionals equipped to compete in the global business environment. To achieve this, our faculty, staff, and administration will: 1. provide quality education in global business through our undergraduate and graduate programs, delivered around the world through face-to-face and online environments, to traditional, nontraditional, military, and international students; 2. contribute to the development and application of knowledge focused on applied business, learning, and pedagogical research; 3. provide service to the University, business and professional organizations, and our communities through individual involvement, business outreach, and our centers for research. etroy Courses at Troy University All etroy courses at Troy University utilize the Blackboard Learning System. In every etroy course, students should read all information presented in the Blackboard course site and should periodically check for updates at least every 48 hours. Remember: This is not a correspondence course in which a student may work at his/her own pace. Each week there are assignments, online discussions, Dr. Bill Hamby Page 1

2 online activities and/or exams with due dates. Refer to the schedule at the end of the syllabus for more information. Instructor Information Title: Associate Professor of Accounting Name: Dr. Bill Hamby Location: Bibb Graves 144-D Troy, AL and Building 136 Room 100 Montgomery, AL Phone Number: (Troy) and (Montgomery) Troy The best method to contact me is by . Please insert in the subject area. I can also be reached at my Troy office on Tuesday and Thursday from 9-4 Central time. Instructor Education Ph.D. in Accounting with a minor in Statistics, University of Alabama, 1992 BS in Accounting and Management Information Systems, University of North Alabama, 1983 Course Description This course is a complement to the capstone course in the MBA program. It provides an opportunity to apply the concepts learned in earlier courses and in the capstone course by using an international business simulation. The course includes two program assessments. A grade of B or better is required to complete this course successfully. The course may not be transferred into the MBA program from another institution. Course Objectives The objectives of the course are to provide students with an opportunity to manage a simulated business competing in a global economy and to provide an opportunity for students to ensure that they have a mastery of accounting, finance, management, and marketing. Student Learning Outcomes On completion of the course, the student should be able to: 1. Develop a business strategy for a simulated business competing in a global economy. 2. Utilize company strengths and pursue opportunities to create a competitive advantage; overcome weaknesses and address threats to enhance competitiveness. 3. Demonstrate the linkage between business decisions and business strategy. 4. Demonstrate mastery of foundational knowledge in accounting, finance, management, and marketing. Dr. Bill Hamby Page 2

3 Course Prerequisites Graduate standing, admission into the MBA degree program and all undergraduate business prerequisite courses or equivalent completed as well as completion of a minimum of the following 18 SH in the MBA program with a B average or better: ECO 6655 Managerial Economics for the Global Manager, FIN 6631Global Financial Management, ACT 6691 Financial and Managerial Accounting for the Global Manager, QM 6640 Decision Making for Global Managers, MKT 6661 Global Strategic Marketing, and MGT 6615 Ethical Leadership and Management in a Global Economy or approval of the MBA program director. Students should be in the last term of their program when completing this course and must take as a concurrently with BUS Course Topics Marketing A. Strategic Marketing 1. Metrics and Control Mechanisms 2. Environment Scanning and Marketing Planning 3. Innovation B. Buyer Behavior 1. Consumer and Business Purchasing Processes 2. Factors Influencing Consumer and Business Purchasing 3. Segmentation C. Market Research 1. Competitive Intelligence 2. Research Process, Concepts and Tools 3. Managerial Decision Making D. Marketing Planning: Target Segments and Marketing Mix 1. Specifying Target Markets 2. Pricing 3. Products/Services 4. Promotion 5. Channels & Distribution/Supply Chain Management A. Organizational Behavior 1. Leadership 2. Teams 3. Conflict 4. Negotiation 5. Motivation B. Human Resource Management 1. Recruiting and Selection 2. Compensation 3. Employment Planning 4. Training and Development C. Organizational Theory 1. Organizational Change & Development 2. Organizational Structure Design 3. Systems Thinking Dr. Bill Hamby Page 3

4 4. Entrepreneurship/Small Business Management D. Operations Planning/Management Science 1. Quantitative Decision Making Models 2. Quality/Process Management 3. Supply Chain Logistics 4. Planning 5. Control 6. Service Management Finance A. Corporate Finance 1. Capital Budgeting 2. Cost of Capital 3. Capital Structure 4. Dividend Policy 5. Working Capital Management 6. International Finance B. Investments 1. Financing Instruments 2. Risk and Return 3. Securities Valuation and Analysis 4. Options, Futures and Other Derivatives C. Financial Markets and Institutions 1. Capital Markets 2. Money Market 3. Market Efficiency 4. Investment Banking Accounting A. Relevant Cost 1. Theory of Constraints 2. Special Order 3. Make or Buy 4. Transfer Pricing 5. Sell or Process Further B. Resource Planning and Analysis 1. Forecasting 2. Cash Budgeting 3. Variance Analysis C. Cost-Volume-Profit Analysis 1. Cost Behavior 2. Break-Even Analysis 3. Target Profit D. Product Costing 1. Absorption vs. Variable 2. Activity-based 3. Process vs. Job Order 4. Byproduct Dr. Bill Hamby Page 4

5 E. Financial Reporting and Analysis 1. Financial Statements 2. Financial Ratios 3. Regulatory Environment Specific Course Requirements For the first seven weeks, there will be weekly assignments associated with the review process. In addition, for Weeks 2-9, there will be weekly assignments for the business simulation. Research Component There is no research component. Entrance Competencies There are no special competencies needed prior to entry to the class. Required Textbooks LSC LSX (TROY UNIVERSITY TROY) MBA: CNCT+/LRNSMRT 1S OLA MKTG, McGraw-Hill, ISBN This access card provides electronic access to the following textbooks and resources: Managerial Accounting, 15 th Edition; Ray Garrison, Eric Noreen, and Peter Brewer; 2015; Boston, MA: McGraw-Hill/Irwin; ISBN Fundamentals of Corporate Finance, 11 th Edition; Stephen Ross, Randolph Westerfield, and Bradford Jordan; 2015; Boston, MA: McGraw-Hill; ISBN Marketing, 12 th Edition; Roger Kerin, Steven Hartley, and William Rudelius; 2015; Boston, MA: McGraw-Hill; ISBN Management: A Practical Introduction, 7 th Edition; Angelo Kinicki and Brian Williams; 2015; Boston, MA: McGraw-Hill; ISBN Business Strategy Game (BSG) Glo-Bus Pre-paid Access Code Card, 2 nd Edition; Arthur Thompson, Jr.; 2011; Boston, MA: McGraw-Hill/Irwin; ISBN The textbook provider for the etroy of Troy University is MBS Direct. The Web site for textbook purchases is Students should have their textbook by the first week of class. Not having your textbook is not an acceptable excuse for late work. Students who add this course late should refer to the Late Registration section for further guidance. Supplementary Materials This course also requires access to a computer with Microsoft Word, Microsoft Excel, the Internet, and . Attendance Policy In addition to interaction via Blackboard and contact, students are required to contact the instructor via or telephone by the first day of the term for an initial briefing. Although physical class meetings are not part of this course, participation in all interactive, learning activities is required. Dr. Bill Hamby Page 5

6 Submitting Assignments Most assignments associated with the review process will be submitted in Connect. However, a few assignments will be submitted through Blackboard. Most assignments for the business simulation will be submitted in the simulation. However, some assignments will be submitted through Blackboard. All assignments that will be submitted in Blackboard will be clearly identified. Make-Up Work Policy Missing any part of this schedule may prevent completion of the course. If you foresee difficulty of any type (e.g., an illness, employment change, etc.) which may prevent completion of this course, notify the instructor as soon as possible. Failure to do so will result in failure for an assignment and/or failure of the course. (See Attendance Policy.) If I have not heard from you by the deadline dates for assignments, exams, or forums, no make-up work will be allowed (unless extraordinary circumstances exist, such as hospitalization). Requests for extensions must be made in advance and accompanied by appropriate written documentation. Computer problems is not an acceptable excuse. Method of Evaluation Grading and Weights MBA MFT 200 Review Work 200 Business Strategy Game 3-Year Plan 50 Business Strategy Game Peer Evaluation 50 Business Strategy Game Exams 100 Individual Work 100 Group Work 300 Total Points Possible 1,000 Evaluation The evaluation for this course is based on your performance on the MBA Major Field Test, a peer evaluation, review work, simulation exams, 3-year strategic plans, and a business simulation. All work must be received by the date assigned. Late work will not be graded, or it may be graded with a penalty of at least 10 percent of the points possible on the assignment unless the student has reasonable cause for submitting the assignment late. Business Strategy Game Peer Evaluation The Business Strategy Game has a peer evaluation form that must be completed for each group member. The average score will be the recorded score for grade determination purposes. Business Strategy Game 3-Year Strategic Plans The Business Strategy Game has two 3-year strategic plans. Each strategic plan is worth 25 points. Dr. Bill Hamby Page 6

7 Business Strategy Game Exams The Business Strategy Game has three exams that must be completed in accordance with the simulation schedule. The Comprehensive Exam is worth 50 points. Exam 1 and 2 are worth 25 points each. Business The business simulation provides students with an opportunity to apply their business knowledge to manage a simulated international tennis shoe manufacturing company for a ten-year period and to develop critical thinking skills. There will be a two-year trial to allow students to become familiar with the simulation software. Each student will be assigned to a group of no more than 4 students. Each team will appoint a Chief Executive Officer (CEO), Vice President of Finance (VPF), Vice President of Operations (VPO), and a Vice President of Marketing (VPM). The CEO will be responsible for crafting a strategy for the business in consultation with the other executives and ensuring that the strategy is successfully implemented. The CEO will submit a report each year indicating the strategy and the business practices implemented to accomplish the mission. The VPO will be responsible for developing and implementing the manufacturing operations to accomplish the strategic mission. The VPO will submit a report each year indicating the manufacturing operations that were implemented and how they support the strategic mission. The VPF will be responsible for developing and implementing the financial plans to accomplish the strategic mission. The VPF will submit a report each year indicating the financial plans that were implemented and how they support the strategic mission. The VPM will be responsible for developing and implementing the marketing and logistics plans to accomplish the strategic mission. The VPM will submit a report each year indicating the marketing and logistics plans that were implemented and how they support the strategic mission. Each simulation is worth 40 points, with 30 points associated with the group simulation results and 10 points assigned for the individual reports. MBA Major Field Test Students will take the MBA Major Field Test (MFT) in BUS This course provides a review for the MBA MFT. The percentile score on the MBA MFT total percentile score will be adjusted by adding 25 points. If the student score is at the 60 th percentile, then the recorded score would be 170, which is 85 percent of the possible 200 points. Review Work One of the primary purposes of this course is to provide a review of accounting, finance, management, and marketing prior to students taking the MBA Major Field Test. Students will take a multiple choice pre-test for each concept area. Based on the performance on the pre-test students will be provided a customized review of accounting, finance, management, and marketing. The amount of Review Work can be significantly reduced based on the performance on the pre-tests. Examination Schedule and Instructions There will be pre-test exams each week for Weeks 1-8. The exam will contain only multiple-choice questions. The exams will be delivered online via Blackboard. They will be found in the Assignments section. The exams will be timed. See the exam instructions for the time limit. Dr. Bill Hamby Page 7

8 Late Registration Students who register during the first week of the term, during late registration, will already be one week behind. Students who fall into this category are expected to catch up with all of Week #1 and Week #2's work by the end of Week #2. No exceptions, since two weeks constitutes a significant percentage of the term's lessons. Students who do not feel they can meet this deadline should not enroll in the class. If they have registered, they should see their registrar, academic adviser, GoArmyEd or Military Education officer to discuss their options. Also note that late registration may mean you do not receive your book in time to make up the work you missed in Week #1. Not having your book on the first day of class is not an excuse for late work after the deadlines in the Course Schedule. Incomplete Grade Policy Missing any part of the Course Schedule may prevent completion of the course. If circumstances will prevent the student from completing the course by the end of the term, the student should complete a request for an incomplete grade. Note: A grade of incomplete or INC is not automatically assigned to students, but rather must be requested by the student by submitting a Petition for and Work to Remove an Incomplete Grade Form. Requests for an incomplete grade must be made on or before the date of the final assignment or test of the term. The form will not be available after the last day of the term. A grade of INC does not replace an F and will not be awarded for excessive absences. An INC will only be awarded to student presenting a valid case for the inability to complete coursework by the conclusion of the term. It is ultimately the instructor s decision to grant or deny a request for an incomplete grade, subject to the policy rules below. Policy/Rules for granting an Incomplete (INC). An incomplete cannot be issued without a request from the student. To qualify for an incomplete, the student must: Have completed over 50% of the course material and have a documented reason for requesting incomplete (50% means all assignments/exams up to and including the mid-term point, test, and/or assignments.) Be passing the course at the time of their request. If both of the above criteria are not met an incomplete cannot be granted. An INC is not a substitute for an F. If a student has earned an F by not submitting all the work or by receiving an overall F average, then the F stands. TROY All students were required to obtain and use the TROY address that is automatically assigned to them as TROY students. All official correspondence (including bills, statements, s from instructors and grades, etc.) will be sent ONLY to the troy.edu (@troy.edu) address. All students are responsible for ensuring that the correct address is listed in Blackboard by the beginning of Week One. is the only way the instructor can, at least initially, communicate with you. It is your responsibility to make sure a valid address is provided. Failure on your part to do so can result in your missing important information that could affect your grade. Dr. Bill Hamby Page 8

9 Your troy.edu address is the same as your Web Express user ID following Students are responsible for the information that is sent to their TROY account. You can get to your account by logging onto the course and clicking . Internet Access This is an online class. Students must have access to a working computer and access to the Internet. Students can use a TROY computer lab (if available), a public library, etc., to insure they have access. Not having a computer or computer crashes are not acceptable excuses for late work. Have a back-up plan in place in case you have computer problems. COURSE SCHEDULE Dates Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Assignments Review course syllabus and requirements Post Biography in Discussion board Course introduction Complete review assignments for Accounting Read the Participant s Guide for the Business Strategy Game Complete review assignments for Accounting Practice s Complete the Business Strategy Game Exam 1 Complete review assignments for Marketing Complete the Business Strategy Game Exam 2 Complete review assignments for Marketing Complete review assignments for Finance Complete review assignments for Finance 3-Year Strategic Plan Complete review assignments for Management 3-Year Strategic Plan Complete review assignments for Management BSG Comprehensive Exam Dr. Bill Hamby Page 9