The Benedict College Master of Business Administration Program of Study
MBA Core Curriculum Requirements (Minimum of 24 credit hours)
BADM 5100 Quantitative Analysis & Business Analytics                                                        (3) Credit
This course introduces mathematical models that can be used to improve decision-making within an organization. Topics will include introductions to descriptive statistics, inferential statistics, optimization, simulation, regression analysis, time series analysis, and tools such as Microsoft Excel, Visual Basic for Applications (VBA) and R for problem solving and decision support in all areas of business, including supply chain networks, operations, finance, economics, and marketing. Students will make extensive use of Excel and several spreadsheet-based add-ins to solve real business problems, improve business processes, and help make important business decisions.
ACCT 5103 Managerial Accounting                                                                        (3) Credits
This course emphasizes the use of accounting information in making managerial decisions related to planning and controlling operations. Topics covered include budgeting, cost systems, analysis of financial data, and other planning and control tools.
MGMT 5333 Business Policy and Strategic Management                                        (3) Credits
Integration of principles and policies of business management from the fields of accounting, economics, marketing, finance, statistics, ethics and management in the solution of broad company problems and in the establishment of company policy. Emphasis on interaction of disciplines is efficient administration of a business. Course employs a case analysis approach.
ECON 5143 Managerial Economic Analysis                                                            (3) Credits
Analysis of business decisions, applying tools of economic theory: i.e., decisions on demand, production, cost, pricing, profits, and investments.
FINC 5033 Advanced Corporate Finance                                                                 (3) Credit
This course is designed to provide an opportunity to apply the tools and concepts of modern financial theory to corporate financial decisions. Attention is devoted to understanding how corporate financial analysis is an important aspect of strategic decision making and the advantage/limitations of different financial theories with respect to their practical application
MGMT 5223 International Business                                                                         (3) Credits
In this course, students learn the theories of international trade, cultural, legal, political, economic and religious differences affecting international marketing, and management challenges in an international environment.
MGMT 5323 Project Management and Operations                                                  (3) Credits
The first half of the course will include systematic investigation of the concepts and issues in designing, operating, and controlling productive systems in both manufacturing and services. The second half of the course will examine the principles and techniques for managing projects in business decision making, including project design, planning and control, network diagramming, scheduling algorithms, and resource management. Software packages and applications for project management are studied, and project management skills are developed through case analyses and team projects.
MKTG 5313 Marketing Management                                                                       (3) Credits
This course covers analysis, planning, and control of the marketing function. Emphasis is placed on the procedures and techniques of decision making relative to marketing problems.
Specializations
(Students must select 12 hours from the required courses)
Artificial Intelligence
COURSE CODE: AIMBA I COURSE NAME: Generative Artificial Intelligence (AI) for Managers
Generative AI (GenAI) is ushering in a new age of productivity in business. Managers who ineffectively adopt it risk being outpaced by forward-thinking competitors. This course equips students to drive impact in any industry using GenAI tools. You’ll learn to engineer effective prompts, integrate AI into workflows, and develop innovative GenAI solutions, as well as explore ethical considerations and future trends.
COURSE CODE: AIMBA II COURSE NAME: Business Use Cases for AI
Just like you wouldn’t use a financial model to drive a marketing campaign, different business use cases require different AI tools. In this course, students will explore the potential and limitations of AI technologies, learn to identify business problems suitable for AI solutions, and build effective AI implementation strategies. By the end of this course, students will address key challenges and solutions in AI implementation.
COURSE CODE: AIMBA III COURSE NAME: AI Governance and Ethics
Alongside powerful data-driven solutions, AI opens a Pandora’s box of ethical issues: data privacy, bias, transparency, and balancing automation with human oversight. AI governance may be the biggest ethical issue of our time, something essential for any manager to understand before implementing this new technology. Students will develop AI policies for ethics and compliance, mitigate AI-related risks, and communicate governance standards to stakeholders.
COURSE CODE: AIMBA IV COURSE NAME: Managing AI Projects
AI projects can help predict trends and optimize operations, allowing businesses to understand not just what has happened, but what will happen—and what should be done about it. By the end of this course, students will be prepared to drive financial and operational impact by managing AI project lifecycles: developing comprehensive project plans, managing data and models, ensuring effective deployment, and communicating progress and outcomes to stakeholders.
Business Analytics
COURSE CODE: BZMBA I COURSE NAME: Storytelling with Data
Storytelling is one of the oldest and most powerful tools for action, and this course empowers MBA students to transform raw data into compelling narratives that drive business decisions. By the end of this course, you’ll be able to create data queries and visualizations, integrate data into business planning, and effectively communicate your findings, helping organizations turn data into a strategic tool for competition and innovation.
COURSE CODE: BZMBA II COURSE NAME: Spreadsheet Modeling for Decision-Making
Spreadsheet tools are the most universal and easily accessible program for most people to use and interpret data—and a vital skill for any analyst to know. In this course, students will learn data cleaning, financial modeling, optimization, and data visualization using PivotTables and PivotCharts, enabling students to analyze complex datasets, create forecasts, and effectively communicate insights to support data-driven decision-making in business contexts.
COURSE CODE: BZMBA III COURSE NAME: Python for Business Analytics
Managers who hope to stay competitive in business analytics need to be able to scale their analytics—and Python provides that solution. This course covers Python’s significance in business analytics, setting up the Python environment, and learning basic syntax. You’ll leverage three of Python’s essential libraries—NumPy for numerical data, Pandas for data manipulation, and Matplotlib for data visualization—to use data to solve complex business problems.
COURSE CODE: AIMBA IV COURSE NAME: Managing AL Projects
AI projects can help predict trends and optimize operations, allowing businesses to understand not just what has happened, but what will happen—and what should be done about it. By the end of this course, students will be prepared to drive financial and operational impact by managing AI project lifecycles: developing comprehensive project plans, managing data and models, ensuring effective deployment, and communicating progress and outcomes to stakeholders.
Cybersecurity
COURSE CODE: CYMBA I COURSE NAME: Information Governance Risk Management, and Compliance
Companies storing information are responsible for keeping it safe—and face consequences if they don’t. Who’s at fault after an attack and who must be informed? This course covers corporate governance principles, risk identification methods, business regulations, accountability, and audits. In a data-driven world, business leaders must handle data responsibly, and by the end of this course, you’ll learn how to manage the growing legal obligations around cybersecurity.
COURSE CODE: CYMBA II COURSE NAME: Network Architectures for Cyber Managers
In order to ensure a house is safe, we need to know how it’s built. It’s the same for cybersecurity: to ensure systems are secure, we need to understand their design and the unique security challenges of different network architectures and data storage solutions. By the end of this course, you’ll be able to critique security for various network designs, including IT and OT systems, cloud environments, data storage, and IoT networks, in terms of cyber risk.
COURSE CODE: CYMBA III COURSE NAME: Cyber Risk Management and Strategy
Cyberattacks today are inevitable—but the extent of the damage may rely on how much you, as the manager, are prepared. By the end of this course, you’ll know how to create risk management strategies before, during, and after cyberattacks, developing incident response plans, understanding frameworks like NIST and MITRE ATT&CK, identifying proactive and reactive protection techniques, and debriefing with ‘hotwashes.
COURSE CODE: CYMBA IV COURSE NAME: Executive Cyber Defense
To defend against hackers, you need to think like a hacker. This course covers the fundamentals of ethical hacking, from Linux commands and open-source tools to attack tree construction and vulnerability research. By the end of the course, you’ll be able to use what you’ve learned to analyze, interpret, and communicate penetration tests and security strategies to executives.
Finance
COURSE CODE: FIMBA I COURSE NAME: Managerial Finance
All businesses need to take risks, but managerial finance experts do so without risking it all. This course focuses on present value analysis, capital markets and budgeting, and corporate capital structure. You’ll learn to assess company value, understand debt vs. equity financing, and forecast financial performance while gaining skills in budget management and decision-making that allow you to drive value creation in every aspect of the corporate world.
COURSE CODE: FIMBA II COURSE NAME: Capital Markets and Investing
Investing involves risk—but this course teaches you how to manage that risk and make the right decisions to build and protect your wealth. What portfolio decisions are safer? How can companies thrive by balancing debt and equity? How can options mitigate risk? By the end, you’ll have the financial acumen to make informed investment decisions, optimize portfolio performance, and master strategies for risk management, capital allocation, and sustainable financial growth.
COURSE CODE: FIMBA III COURSE NAME: Financial Statements Analysis and Valuation
Financial statements are a gold mine that, when analyzed correctly, can reveal a company’s financial health and potential for future profitability. And valuing a company is a critical skill in finance that both influences investment decisions and drives financial success. Through financial statement analysis, financial ratio analysis, risk assessment, pro forma financial statements, and advanced valuation techniques like DCF and comparable company analysis, students will gain the quantitative expertise to make informed investment decisions.
COURSE CODE: FIMBA IV COURSE NAME: Frontiers of Finance
Finance isn’t a static field, and understanding disruptors like blockchain and cryptocurrency allows you to capitalize on opportunities that are revolutionizing financial operations. Students will describe and evaluate blockchain, analyze cryptocurrencies, and assess decentralized finance (DeFi) platforms. By course end, students will be ready to explore blockchain and crypto career opportunities and lead discussions on these cutting-edge technologies.
Healthcare Administration
COURSE CODE: HAMBA I COURSE NAME: Structure and Economics of the US Healthcare System
Healthcare systems are complicated structures beholden economically and legally to many different stakeholders and policies. When those factors change, they have consequences. Aspiring managers must be able to make informed decisions about what to do in the face of change. By the end of this course, aspiring healthcare system managers will be prepared to analyze the economic impact of policy changes on their institutions and tackle challenges such as hospital mergers, new payment models, regulated drug prices, and Medicaid insurance bids.
COURSE CODE: HAMBA II COURSE NAME: Management of Healthcare Organizations
Should a hospital focus on pediatrics or heart surgery? How can clinics build and retain a strong workforce? What is the best strategy for negotiating with insurance companies? This course focuses on the management principles and practices that create successful healthcare organizations. Students will learn to navigate key management challenges, apply strategic analysis frameworks, and manage healthcare workforce and IT systems—all with an emphasis on ethical leadership, collaboration, and quality assurance.
COURSE CODE: HAMBA III COURSE NAME: Data Analysis for Heathcare Management
Healthcare managers that can leverage data analysis make more informed decisions that lead to better outcomes. Data in a healthcare context brings solutions, but also unique challenges that managers must navigate to harness their potential. In this course, students will explore effective management and integration of data-driven decisions in healthcare. By the end, students will be able to strategize and communicate data insights to drive ethical impact in healthcare systems.
COURSE CODE: HAMBA IV COURSE NAME: Healthcare Finance
In health services organizations, bad financial management can cost more than money—it can cost lives, making financial acumen crucial for quality patient care. This course covers financial statement analysis, cost accounting, capital budgeting, and financial modeling, equipping future managers to make informed decisions around challenges such as evaluating insurance designs, assessing service line impacts, and analyzing new drug costs.
Self-Designed
This innovative educational path allows students to tailor their studies to align with their personal interests, career goals, and the specific skills they wish to acquire. One of the key advantages of a self-designed master’s degree is the flexibility it offers. Students can combine courses from various disciplines to create a curriculum that reflects their unique aspirations. Whether it’s merging business with AI, business analytics, cybersecurity, healthcare administration, a self-designed degree allows for interdisciplinary learning that can lead to a more comprehensive understanding of complex issues. A self-designed master’s degree is a valuable opportunity to create a personalized educational experience that prepares you for a fulfilling career aligned with your passions and interests. Students will choice any three (3) courses from the specializations list above.
Elective courses are offered upon approval by the administration
Management Concentration
(Students must select 6 hours from the required courses and 6 hours from the electives listed below)
Required Courses
(6 credit hours)
MGMT 5333 Business Policy and Strategic Management                                       (3) Credits
Integration of principles and policies of business management from the fields of accounting, economics, marketing, finance, statistics, ethics and management in the solution of broad company problems and in the establishment of company policy. Emphasis on interaction of disciplines is efficient administration of a business. Course employs a case analysis approach.
BADM 5193 MBA Capstone                                                                                    (3) Credits
Program graduates are potential business executives, entrepreneurs, and business leaders. They must possess an array of tools, knowledge and skills in order to be effective in a business environment that is ever shifting and becoming increasingly more global. They must be able to analyze the opportunities and challenges faced by today’s businesses and organizations. They must have the skills to match the organizational strengths with environmental opportunities, social and technological challenges. The primary objective of this capstone course experience is to provide students with an opportunity to engage in critical thinking, and the applications of analytical skills and knowledge in the solution of business and organizational problems. The course objective is achieved through exposing students to cases from a range of industries, organizations, and managerial settings. Additionally, students have an opportunity to work with an actual or real-life business through the Business Development Center, in the solution of problems. Students are expected to work in teams – – using an integrative mind set and approach. They must demonstrate the ability to operate at multiple levels, functions in different roles, and project the ability to draw upon a range of learning sources, including their MBA coursework, and work and life experiences. Prerequisites: Completion of all other MBA core coursework, and must be in the last 6 hours of coursework before completing the MBA degree requirements.
Other Electives
(Select 6 hours from the following courses)
MGMT 5103 Quantitative Aspects of Management                                                 (3) Credits
Introduces statistical methods needed for evaluating and choosing among policy options. Topics include probability; decision-making under uncertainty; the organization, interpretation, and
visual display of complex data; prediction and inferences about causality; hypothesis testing; and linear and multiple regression. Develops analytical skills and the ability to apply theory to complex, real-world problems.
MGMT 5113 Advanced Business Law                                                                     (3) Credits
This course is designed to expose the student to certain legal and regulatory issues, including corporate social responsibility and business ethics. Attention is given to special topics including
sales and lease transactions, negotiable instruments, credit rights and bankruptcy, secured transactions, contracts, antitrust/IP, corporation/partnerships, criminal and civil litigation issues, agency, and torts.
MGMT 5503 Power and Politics in Organizations                                                   (3) Credits
Power and influence processes are pervasive and important in organizations, so leaders need to be able both to understand power and to act on that knowledge. Therefore, this course has three objectives: (1) increasing students’ ability to diagnose and analyze power and policies; (2) increase skills in exercising power effectively; and (3) helping students come to terms with the inherent dilemmas and choices involved in developing and exercising influence. Topics covered include: sources of power, dealing with resistance and obstacles; obtaining allies and supporters; maintaining power; preparing oneself to obtain power; diagnosing the political landscape; and the use of language and symbolism in exercising power.
MGMT 5563 Organizational Behavior and Development                                        (3) Credits
This course is designed to look at the evolutionary development of organizational theory and behavior at the micro and macro levels of analysis, and examines the relationship to economic, social, political and technological changes in society.
MGMT 5663 Sustainable Business Ventures                                                          (3) Credits
This course focuses on environmentally sustainable business ventures.  Students will explore issues associated with businesses that solve environmental challenges.  Specifically, students will analyze the opportunities and threats that impact sustainability of these businesses.
MBA Foundation Courses for Non-Business Majors
Candidates without an undergraduate degree in business or who lack a requisite level of business knowledge will be required to take one or more business foundation courses.Â
ACCT 5003 Foundations of Accounting                                                                  (3) Credits
This course introduces students to the basic principles and concepts of recording, summarizing, and reporting financial information. During the second half of the course, there is an emphasis on accounting issues related to partnerships, corporations, and manufacturing operations.
BADM 5013 Foundations of Business Statistics                                                     (3) Credits
This course focuses on the study of the statistical tools used to analyze business and economic problems. Topics include descriptive statistics, the concepts of probability, discrete probability distributions, and continuous probability distributions
ECON 5013 Foundations of Economics                                                                  (3) Credits
This course introduces students to the operation of the American economic system with a concise presentation of economic theory and policy with real world applications to problems of inflation, unemployment, poverty, discrimination, and globalization.
FINC 5013 Foundations of Finance                                                                         (3) Credits
This course analyzes the activities involved in raising and administering funds used in business. The problems of planning for and financing recurring long- and short-term needs are stressed. Attention is also given to matters such as those associated with security, insurance, mergers, and financial reorganizations.
MGMT 5003 Foundations of Management                                                              (3) Credits
The principal focus of this course is to present the development of management theory chronologically, indicating the disciplines from which management theory emerged. Attention is placed on the key sub-disciplines of management theory: organizational behavior, human resource management, and management strategy. Essential concepts and research within these sub-disciplines are explored to provide a basis for practicing “evidence-based” management – -management driven by the knowledge generated through cutting edge theory and research.
MKTG 5303 Foundations of Marketing                                                                  (3) Credits
This course takes an integrated, analytical approach to both macro- and micro marketing problems. Primary concern is focused on micro marketing – that is, viewing one particular firm. This course fosters a broad understanding of marketing problems, which gives the student a foundation for more comprehensive references relative to marketing.
The 18 hours of MBA foundation courses shown previously may be higher if a student needs to take a course in pre-calculus. The MBA Director and the student advisement team will work with each candidate to develop an individualized plan of study detailing all requirements.Â