Degree Requirements, Concentrations and Certificates
I. Summary of Master of Management Degree Requirements – 42 Credit Hours
| Number | Required Courses | Course Titles |
|---|---|---|
| 1 | MMT 501 | Leadership Issues in Management |
| 2 | MMT 502 or 512 | The Organization as a System I or The Economics of Strategy (512) |
| 3 | MMT 503 or 505 | TThe Organization as a System II (503) or Information Systems Research (505) |
| 4 | MMT 551 or 561 | Sources and Uses of Resources I or Financial Accounting and Statement Analysis (561) |
| 5 | MMT 552 or 562 | Sources and Uses of Resources II or Financial Management (562) |
| 6 | MMT 553 or 554 | Managerial Effectiveness and Performance (553) or Integrated Project Management (554) |
| 7 | MMT 601 | Marketing and E-Commerce: Domestic and Global |
| 8 | MMT 602 or 604 | Producing Value: Operations and Logistics (602) or Quantitative Methods in Business |
| 9 | MMT 651 | Strategy, Policy, Knowledge and Capabilities |
| 10 & 11 | MMT 671 | CCulminating Research Project – Capstone (6 Credit Hours) |
| 12, 13, & 14 | Plus 3 Courses* | Specific Learning Concentration Courses (9 Credit Hours) |
*Note: Upon admission to the Master of Management Program students must select one of the four learning concentration tracks: Accounting Systems; Entrepreneurship and Innovation; Project Management; or Legal Management. The concentrations are described in the following section.
II. Accounting Systems Concentration
Learning Track is 9 Credits, Certificate is 18 Credits and MMT Degree is 42 Credits
The Accounting Systems concentration was designed primarily for individuals who have completed an undergraduate accounting or finance degree and who are interested in becoming a Certified Public Accountant (CPA). To become a CPA in the state of Ohio, individuals must complete 150 credit hours of course work in addition to a two year work experience requirement. This credential demonstrates a commitment to continuous learning and it helps professionals distinguish themselves. The CPA designation remains a key requirement for advancement in many areas of the profession. A recent survey found that over half of corporations which hire accountants feel that the CPA designation is very important. To learn more about the specific CPA licensure requirements contact the American Institute of Certified Public Accountants at 212-575-5505.
The future of accounting is bright according to the Bureau of Labor Statistics which projects a 34% increase in job openings during the next several years. Much of this reflects the increasing complexity of corporate transactions and growth in government regulations. Many diverse opportunities are available for accounting and finance professionals, but public accounting remains the most popular option for those entering the field, according to the AICPA’s “The Supply of Accounting Graduates and the Demand for Public Accounting Recruits” report. Public accountants develop broad-based skills and gain experience preferred for positions in both public accounting and private industry. The majority of states now have laws which require a fifth year of education to become a CPA. This change reflects a more competitive business environment and increasing skills requirements because of the rising complexity of many businesses.
Upon completion of the accounting systems concentration, students will be able to demonstrate expertise is areas such as internal controls, ethical financial reporting, information systems, business continuity planning, anit-fraud measures, mergers and acquisitions, international reporting and non-profit organizational structures. As accountants are called upon to discuss the implications of financial data to a variety of audiences and work with diverse groups, communication abilities, both written and verbal, and soft skills such as diplomacy and persuasion will become increasingly important. Thus, an additional benefit that students’ will receive from completion of this program is the opportunity to collaborate and work with teams of individuals who can demonstrate effective communication processes in order to display excellent interpersonal abilities and legal knowledge that go beyond technical accounting skills to meet the increasing demands of employers’ expectations.
| Course Numbers | Required Courses | Certificate of Advanced Studies in Accounting Systems |
|---|---|---|
| 1 - MMT/ACC 551 | Core Course | Sources and Uses of Financial Resources I |
| 2 - MMT/ACC 552 | Core Course | Sources and Uses of Financial Resources II |
| 3 - MMT/ACC 604 | Core Course | Quantitative Methods in Business or MMT 602 |
| 4 - MMT/ACC 612 | Learning Track | Research Seminar in Advanced Financial Accounting |
| 5 - MMT/ACC 613 or ACC 545 | Learning Track | Governmental and Non-Profit Accounting (613) or Advanced Taxation (545) |
| 6 - MMT/ACC 614 | Learning Track | International Accounting and Professional Ethics |
III. Entrepreneurship and Innovation Concentration
Learning Track is 9 Credits, Certificate is 18 Credits and MMT Degree is 42 Credits
This concentration is designed for those interested in learning how to become entrepreneurial leaders and how to build an entrepreneurial organization. Over the past thirty-five years, entrepreneurial leadership, innovation and new venture creation have had an extraordinary impact on cultural and economic landscapes, not only in the United States, but also on international basis. Entrepreneurship is opportunity-centered and it enables individuals to pursue and realize their dreams, to seek opportunities that match who they are, what they want to be, and how and where they want to live. Aspiring to create a new business is deeply embedded in American culture, and has never been stronger. A recent Gallup Poll survey showed that seventy percent of the respondents said they wanted to own their own business, which represented a sixty percent increase when compared to the response rate a decade ago.
The area of entrepreneurship has become an increasingly important area of study for managers and leaders in all types of organizations. Ursuline’s entrepreneurship and innovation program focuses on the entrepreneur as an innovative manager and the processes and techniques that one uses to manage. The decisions that entrepreneurs must make are typically multifaceted and require an integrative systems perspective. Entrepreneurs are creators of fundamental and radical change and therefore, they must learn how to adapt quickly to solving problems and making decisions within a dynamic global environment. Upon completion of the required courses of study, students will be able to: develop a business plan for a new venture, analyze resource requirements, conduct market research, determine financing strategies, create growth and divesture action plans, conduct strategic planning, and apply systems thinking models.
| Course Numbers | Required Courses | Certificate of Advanced Studies in Entrepreneurship and Innovation |
|---|---|---|
| 1 - MMT 502 | Core Course | The Organization as a System I |
| 2 - MMT 551 | Core Course | Sources and Uses of Financial Resources I |
| 3 - MMT 601 | Core Course | Marketing and E-Commerce |
| 4 - MMT 667 | Learning Track | New Venture Creation |
| 5 - MMT 668 | Learning Track | Entrepreneurship and Innovation |
| 6 - MMT 669 | Learning Track | Entrepreneurial Leadership |
IV. Project Management Concentration
Learning Track is 9 Credits, Certificate is 18 Credits and MMT Degree is 42 Credits
The project management concentration was designed to provide working professionals with the knowledge and tools to manage complex projects that are completed on time, within budget, and meet the needs of the organization. Project management is becoming a recognized field in its own right, rather than an activity undertaken by any manager. Project managers are required to master many different aspects of the industry in which they work, requiring a multi-faceted and widely educated individual. Required courses in this area include content coverage in project management, risk management, and procurement, as well as the behavioral concepts necessary for the successful motivation of the project participants. Upon completion of the courses listed below students will be able to: devise and maintain a detailed project plan to accomplish the business needs that the project was undertaken to address; determine and coordinate appropriate human, financial and technical resources to carry out the plan; and create an assessment process that ensures the project objectives are accomplished.
This concentration was also designed for individuals who are interested in pursuing the professional certification credential of a Project Management Professional (PMP). The Project Management Institute (PMI), an international non-profit professional association, sponsors the project management credentialing program. To become a PMP, individuals should have a bachelor’s degree with 3 years of project management work experience, at least 35 contact hours of project management course work and pass the PMI examination. This credential designates the holder as one who has demonstrated the knowledge, experience and leadership skills required to competently practice project management. Most recently, PMI experienced an extraordinary increase in the number of practitioners taking the PMP examination, resulting in 86,925 PMPs becoming certified during a 12 month period. Globally, there are 181,281 PMPs who have received the credential. The Project Management Institute recently announced that its Project Management Professional credential was named No. 4 in CertCities.com's 10 Hottest Certifications. CertCities.com looks for certifications it thinks will be the most influential in the upcoming year and that will grow the fastest. PMI’s PMP credential is considered by many as the “gold standard” of global project management certification. Additional certification information may be obtained from the PMI at 610-356-4600.
| Course Numbers | Required Courses | Certificate of Advanced Studies in Project Management |
|---|---|---|
| 1 - MMT 501 | Core Course | Managerial Thinking and Duties |
| 2 - MMT 505 | Core Course | Information Systems Research Seminar or MMT 503 |
| 3 - MMT 554 | Core Course | Integrated Project Management or MMT 553 |
| 4 - MMT 664 | Learning Track | Project Quality and Human Resource Management |
| 5 - MMT 665 | Learning Track | Project Communications and Risk Management |
| 6 - MMT 666 | Learning Track | Project Procurement and Professional Responsibilities |
V. Legal Management Concentration
Learning Track is 9 Credits, Certificate is 18 Credits and MMT Degree is 42 Credits
The legal management concentration was designed for students who are seeking to enhance or advance their careers, for those who are pursuing a career change or promotion, or for managers who want to continue to develop their knowledge and skills associated with law or law related fields. Employment opportunities are increasing in law offices, courts, and law-related occupations, including public and private law practice, corporate or government law-related offices, legal departments of large corporations, financial institutions, and administrative agencies. The U.S. Bureau of Labor Statistics’ Occupational Outlook report indicates that employment of managers in the service industry is projected to grow 12 percent over the 2006 – 16 decade. Many organizations will continue to hire and promote individuals who are capable of achieving various cost-cutting measures to improve profitability and streamline operations.
Upon completion of the required courses in the legal management concentration, students will be able to demonstrate expertise in both the theoretical and practical application of the concepts, methods and practices of legal management and human resource management. Emphasis is placed on the roles and responsibilities of law office personnel, organizational operating structures, human resource issues, industry trends and ethical considerations. Students will have an opportunity to learn how the integrated concepts and procedures of marketing, finance and accounting are used to make effective managerial decisions that are specifically related to the legal services industry. Equally as important, students will gain an in-depth understanding of the concepts, procedures and practices of information systems management that relate to the legal profession in the areas of technology, facilities and support. Upon completion of the program, students will gain an in-depth understanding of the processes, procedures and practices of effective managerial leadership associated with the legal profession.
| Course Numbers | Required Courses | Certificate of Advanced Studies in Legal Management |
|---|---|---|
| 1 - MMT 501 | Core Course | Leadership Issues in Management |
| 2 - MMT 552 | Core Course | Integrated Project Management or MMT 553 |
| 3 - MMT 551 | Core Course | Sources and Uses of Resources I or MMT 561 |
| 4 - MMT 631 | Learning Track | Legal Management and Human Resources |
| 5 - MMT 632 | Learning Track | Legal Services: Marketing, Finance and Accounting |
| 6 - MMT 633 | Learning Track | Legal Systems: Technology, Facilities and Support |
