HomeAdmissionsAbout LincolnDirections to LincolnSearch



Graduate Studies Home

LU
Graduate Admissions
LU
Master of Science in Administration
(MSA)

LU
GAS
Graduate Academic Services

LU

 

The Lincoln University - University City


MASTER OF SCIENCE IN ADMINISTRATION

MSA Curriculum

Foundation Courses (18 Credits)
Students must take ALL courses unless granted an exemption or waiver due to satisfactory demonstration of competence and/or completion at the undergraduate or graduate level.

Course Number
Course Description
Credits
MSA 600
Business Mathematics
3
MSA 610
Business Statistics
3
MSA 620
Financial Accounting
3
MSA 630
Economics for Managers
3
MSA 640
Business Management
3
MSA 650
Marketing Management
3
Total Credits
18

Core Courses for Finance & Human Resources Management Concentrations
(24 Credits)

Students must take ALL courses, unless an exemption or waiver is granted due to previously completed graduate work and/or the acceptance of transfer graduate credits.

Course Number
Course Description
Credits
MSA 700
Business Research Methods
3
MSA 710
Management Information Systems
3
MSA 720
Human Resources Management
3
MSA 730
Organizational Behavior
3
MSA 740
Corporate Finance
3
MSA 750
Strategic Marketing Management
3
MSA 790
Strategic Management
3
MSA 800
Integrated Capstone Research Project
3
  Total Credits
24

Finance Concentration (15 Credits)
Students must take MSA 744, 752, 778 and Two additional courses, unless a waiver or exemption is granted due to previously completed graduate and/or the acceptance of graduate transfer credits.

Course Number
Course Description
Credits
MSA 744
Advanced Corporate Finance
3
MSA 752
Financial Institutions and Markets
3
MSA 778
Securities Analysis and Investment Management
3
Concentration/Credit Requirements
9
   
Finance Electives  
MSA 754
Financial Engineering
3
MSA 756
International Finance and Economics
3
MSA 758
Derivatives
3
MSA 776
Public Finance and Political Economy
3
MSA 780
Entrepreneurship and Venture Capitalism
3
MSA 782
Mergers, Acquisitions and Divestitures
3
MSA 784
Behavioral Finance
3
  Total Elective Credit Requirements
6


Total Credit Requirements for Finance Concentration (9+6) 15

Human Resources Management Concentration (15 Credits)
Students must take MSA 760, 762, 764 and Two additional courses, unless a waiver or exemption is granted due to previously completed graduate and/or the acceptance of graduate transfer credits.

Course Number
Course Description
Credits
MSA 760
Employee and Labor Relations
3
MSA 762
Compensation, Benefits and Pension Planning
3
MSA 764
Organizational Staffing
3
  Concentration/Credit Requirements
9
     
  Human Resources Management Electives  
MSA 722 International Human Resources Management 3
MSA 742 International Business Management 3
MSA 766 Labor Economics 3
MSA 768 Supply Chain Management 3
MSA 770 Public Policy and Administration 3
MSA 772 Legal, Ethical and Regulatory Environment of Business 3
MSA 774 Leadership 3
  Total Elective Credit Requirements 6

Total Credit Requirements for Human Resources Management Concentration (9+6) 15

MSA Integrated Capstone Research Project
The capstone course, MSA 800, is an independent research project that critically integrates the theoretical concepts of the program with the occupational, career and post-graduate interests of the student. The research project gives students the opportunity to identify an issue or problem that merits in-depth investigation. The investigation involves identification of a topic, application of a business research design model, undertaking a literature review, quantitative and qualitative collection of historical, current and/or extant data, data analysis and an action-oriented 75 – 100 page report of research findings and recommendations. Capstone models the format and structure of a graduate thesis.

A Department of Economics and Business Administration faculty member will supervise students with an interest in his/her area of specialization from research proposal development to research project completion.

MSA Seminars (4 Credits)
To be offered periodically.

Course Number
Course Description
Credits
MSA 792 Seminar in Global Financial Management 1
MSA 794 Seminar in Global Human Resources Management 1
MSA 796 Seminar in Public Policy and Management 1
MSA 798 Seminar in Business, Professional and Organizational Ethics 1
  Total Credits 4

The seminars will address global and domestic issues in the contemporary and competitive environment of finance, management and public policy. The impact of policy issues (economic, environmental, global, legislative, political and technological) upon an organization’s ability to execute its financial and management strategies, within the context of ethical issues, will be identified, studied and applied. Where appropriate, cases and empirical studies from business and industry, trade journals and government literature will be used as supplementary pedagogical tools.

These seminars will be adaptive and updated regularly to reflect emerging trends in the public and private sectors.

Master of Human Services (MHS) Business Management Emphasis (16 Credits)
Students must complete ALL courses unless in the judgment of the admissions committee and academic advisor, an applicant can demonstrate satisfactory completion of any of the following courses at the undergraduate or graduate levels. A course waiver or exemption may be granted.

Course Number
Course Description
Credits
MSA 600
Business Mathematics
3
MSA 610
Business Statistics
3
MSA 620
Financial Accounting
3
MSA 630
Economics for Managers
3
MSA 635
Financial Management
3
MSA SEM
Seminar in Human Resources Management
1
  Total Credits
16

The Business Management emphasis is specifically designed for MHS students who wish to gain exposure to a subset of business disciplines to efficiently and effectively execute their executive and strategic responsibilities as managers, leaders and entrepreneurs in their chosen profession or enterprise. An MHS student or graduate who wants to pursue an MSA degree in either the Finance or Human Resources Management track must complete the MSA core and concentration courses for the appropriate discipline.

MSA Faculty

As an applied graduate program, MSA seeks to attract a diverse student population who are recent college graduates, returning students, and entry-level, middle management and executive professionals with experience in public and private sector employment. Full-time and adjunct faculty members with real-world capabilities and teaching and academic experiences deliver instruction to this student population in an environment that fosters collaborative, team-based learning using state-of-the-art information, disruptive and knowledge-based technologies. Students are academically and experientially enriched through the dynamic interaction that exists with experienced professors who have distinctive competence in their disciplines. The MSA model engenders a symbiotic pedagogical relationship.

MSA Graduates

Students who graduate from the MSA program are qualified to pursue advanced certification and/or post-graduate studies beyond the master’s degree in their chosen field. Graduating students are often promoted to managerial and executive-level positions in their profession or obtain employment in the financial services industry, government service, academic institutions, and technology and industrial sectors.

MSA Course Descriptions

MSA 600 Business Mathematics 3 Credits
This is a fundamental course that integrates a comprehensive understanding of mathematical concepts, algebraic and logarithmic functions with real-world applications of personal and commercial business problems. Internet resources and Excel spreadsheets will be used to reinforce learning.

MSA 610 Business Statistics 3 Credits
This course introduces students to core statistical concepts and applications as they apply to a variety of functional areas in business, such as accounting, economics, finance, information systems, management, and marketing. Spreadsheet and statistical software will be used to integrate the fundamental statistical concepts of data collection and interpretation, forecasting, frequency distribution, descriptive measures, probability, distribution, confidence interval, hypothesis, chi-square, and regression analysis and experimentation. These concepts are adapted and applied in a managerial decision-making context.
Prerequisite: MSA 600

MSA 620 Financial Accounting 3 Credits
Financial accounting provides students with the ability to intelligently read, analyze, interpret and critically assess financial statements and reports published by organizations. Students develop a basic understanding of the balance sheet, income statement, statement of cash flows, and statement of retained earnings. Financial and accounting activities associated with the income statement and balance sheet, such as revenue recognition, assets, liabilities, investments, taxes, expense recognition, profits, credit analysis/ratios, and equity analysis are covered.
Prerequisite: MSA 610

MSA 630 Economics for Managers 3 Credits
The goals of this course are to present basic macroeconomic and microeconomic theories and concepts from the standpoint of managers who must make decisions that are influenced by internal and external economic forces in the business environment. Using numerous applications, examples, illustrations and case analysis, this course integrates the fundamental economic principles of supply, demand and equilibrium; production and cost analysis; market structures (perfect, monopoly, monopolistic and oligopolistic competition); pricing strategies; macroeconomic activity (GDP, CPI, PPI, fiscal and monetary policies, labor force, international trade, capital flows); consumption spending (individuals, firms, governments); money and banking; aggregate macroeconomic model; and balance of payments issues. Students will integrate both microeconomic and macroeconomic tools and models to develop strategies that aid in managerial decision making.
Prerequisite: MSA 620

MSA 635 Financial Management 3 Credits
This course presents an introduction to the fundamental concepts underlying financial management. It integrates the important principles and applications of valuation and its effects, financial statements, long-term and short-term financial planning and management, capital budgeting, cash management, financial policy, risk and return, and corporate finance. The role of the financial manager as a decision maker is emphasized. Prerequisite: MSA 610, 630

MSA 640 Business Management 3 Credits
Business management is a foundation course that introduces students to the major themes in the field of management. These themes are built around several overarching issues: management challenges in a global context; the administrative process of strategic planning, organizational design, decision-making and quality control; and the ethical leadership and management of human capital resources. The dynamics of the internal and external political-legal, social, economic, and technological environments are studied and analyzed for their organizational impact on the management process. Exercises, case studies, video presentations and a written paper on a current topic are employed to reinforce the management concepts.
Prerequisite: MSA 635

MSA 650 Marketing Management 3 Credits
A focus of this course is the identification and application of creative and innovative concepts to the development and implementation of current and future marketing strategies. Students will be exposed to the marketing framework that involves building long-term customer relationships, understanding buyers and markets, selection of target markets, product design, distribution and supply chain management, promotional and pricing decisions, and ethical issues surrounding online, offline, digital and Internet marketing. Technological innovation in marketing (RFID, applications of blogs and cell phones), off shoring, relationship marketing, viral marketing, data mining, interpretive research and competitive intelligence are covered. This course incorporates PowerPoint presentation slides and cases into the lectures to enrich the learning experiences of students. Students will develop a capstone end-of-semester, customer-oriented marketing strategy and marketing plan.
Prerequisite: MSA 640

MSA 690 Seminar in Human Resources Management for MHS students 1 Credit
This seminar will focus on contemporary, empirical and scholarly issues in human resources management from a theoretical and practitioner point of view.
Prerequisite: Permission of Program Director/Chairman

MSA 700 Business Research Methods 3 Credits
This course is designed to teach students the fundamentals and application of business research techniques and methods that for-profit and non-profit organizations use to execute qualitative and quantitative managerial decisions. The scientific method that facilitates pure and applied research, empirical and abstract realities will be considered within the context of problem identification, opportunities, strategy implementation and research evaluation. The role of information technology, particularly the Internet, in business research and its influence on global business transformation will be explored. Factors, such as CBA (cost-benefit-analysis), data sources and availability and other issues that impinge on managerial decision to conduct research is also a key focus of this course. Research process, stages and methods for data collection concludes the first part of the business research process.

MSA 710 Management Information Systems 3 Credits
Management information systems technology is pervasive in every aspect of an organization. A modern enterprise’s competitive capabilities, productivity, efficiency and effectiveness are dependent on the workforce’s ability to understand, use and apply technology to achieve organizational goals. Because of its dynamic nature, managers are required to be at the cutting-edge of current, emergent, and disruptive information systems technologies. Unlike traditional MIS instructional delivery, this innovative course departs from tradition by first discussing the organizational strategic business initiatives and then analyzes how the available technologies can be harnessed to support them. The hypothesis is that business decisions should drive technology decisions and choices. The course will cover and integrate the core theories, concepts and applications of the MIS discipline and strategic business management. Students’ knowledge of the discipline will be enhanced through questions, case studies, exercises, and group and individual projects.

MSA 720 Human Resources Management 3 Credits
Human resources departments exist to assist employees and organizations achieve and execute their goals and objectives. Since the major constituent of organizations is people, human resource departments face many challenges arising from the demands of the employees, the organization, society, global and domestic competition, and government regulations. This course approaches human resources from a strategic management viewpoint. Strategic human resource management is concerned with all of the firm’s employees, not just the operational personnel. It involves setting goals and executing action plans that enhance overall corporate and functional departmental strategies. The human resource department operates synergistically with all of the enterprise’s strategic business units, such as finance, production, manufacturing, marketing and sales, and others. The strategic management approach recognizes that all managers are human
resources executives who selects, hires, trains and develops, compensates and rewards, and separates people from the organization. Case studies and hands-on information technology HRM applications will supplement instructional delivery.

MSA 722 International Human Resources Management 3 Credits
The growth of multinational, global and transnational enterprises and the proliferation of information and communication technologies have compressed geographic, organizational, and nationalistic boundaries. Human resources managers are confronted with the task of negotiating the strategic drivers of human resources policies, practices and activities at the local, domestic and international levels.

Building on, and extending the application of MSA 720, this course will examine the models, framework and institutional constraints that are influencing the convergence of international and global systems of human resources management strategies. The major human resources activities of recruitment, selection, performance evaluation, training and development, compensation and separation, organizational values and ethics will be analyzed from an international and domestic perspective.

Contemporary issues in human resources, such as knowledge management, growth of the internationally mobile employee, e-commerce, the e-enablement of human resources functions, Internet, intranets, balance scorecard and the mechanisms for policing and managing this diverse configuration in multinational enterprises are studied and applied in research activities and case study analysis.

Students will be encouraged to seek careers in International Human Resources Management.
Prerequisite: MSA 720 or Permission of Program Director/Chairman

MSA 730 Organizational Behavior 3 Credits
The purpose of this course is to provide a conceptual, theoretical, experiential, and applied understanding of the structure and function of human behavior in organizations. Sociological, anthropological, psychological, political and behavioral influences that affect employee and organizational motivation, productivity, efficiency and effectiveness will be explored. Specific emphasis will be placed on ethical issues, perception, decision-making, communication, leadership, job design, conflict resolution, and group behavior as they relate to employee-employer relations, organizational power, politics, team building, change management, and development. The impact of globalization and information technology on the dynamics of organizational behavior and performance in the twenty-first century is a major consideration in enterprise innovation, creativity and competitiveness. Contemporary scholarly research and cases in the field of organizational behavior will enhance textual material.
Prerequisite: MSA 720 or Permission of Director/Chairman

MSA 740 Corporate Finance 3 Credits
Fundamentally, corporate finance functions support the organizational objective to manage for value and sustaining shareholder wealth creation through growth strategies and innovative and adaptive techniques that maximize return and minimize risk in a competitively dynamic global and domestic environment. Corporate financial management tools and strategies include financial reporting, risk management, treasury and investment management, capital planning, tax planning, financial optimization, EVA, financial markets, mergers and acquisitions, real options, pricing strategy, Monte Carlo simulation, and performance assessment metrics using the balance scorecard model and real-time financial systems. Through use of problems, case studies, simulation, and assignments, students will explore the application of the financial tools and techniques in a broad cross section of industries and enterprises.
Prerequisite: MSA 635, or Undergraduate business degree with finance course work.

MSA 742 International Business Management 3 Credits
This course will focus on the globalization of international business management as well as the strategic and operational structures of business enterprises within the context of marketing, human resources, manufacturing, production, accounting, technology, finance, international trade and investment, monetary systems, and ethics. The impact of intercultural and cross-cultural negotiation, national differences and politics on the strategic management of international businesses will be studied for application to domestic and global enterprises. Consideration will be given to the major application theories of international business management and the financial and economic systems and institutions that influence and regulate them. Several case studies in multinational enterprises will supplement and augment the application theories.

Students will be intellectually and experientially challenged to think globally, develop an interest in international careers, and pursue study-abroad programs and international internship opportunities to enhance their academic knowledge.
Prerequisite: MSA 722, 740 or Permission of Program Director/Chairman

MSA 744 Advanced Corporate Finance 3 Credits
Advanced corporate finance provide a comprehensive grounding in corporate financial policies, strategies and managerial decisions as they relate to an organization’s capital structure and capital investment decisions and projects; governance and complex financial ownership structures; principal-agent stakeholder relationships and conflicts; dividend and repurchase issues; mergers, acquisitions, and divestitures; financial distress, liquidation and resolution; risk management and insurance; and economic rationalization. Using theoretical and empirical studies and practices, the course will expose students to the Modigliani-Miller (M&M) proofs of capital structure irrelevance; financial decisions under ideal or perfect market conditions and market imperfections; Capital Asset Pricing and Black-Scholes Option Pricing Models; information asymmetry between a publicly traded firm and outside investors; the role of capital markets, the government, board oversight, the firm’s industry, and debt and equity management on the firm’s financial policies and strategies and organizational architecture. This courses extends the theoretical and applications concepts of MSA 740.
Prerequisite: MSA 740

MSA 750 Strategic Marketing Management 3 Credits
Strategic marketing examines fundamental theoretical and applied concepts and processes that are involved in the design, implementation and execution of market-driven strategies for business, industry and public sector enterprises. The material blends business strategy with marketing strategy from both national/domestic and global points of view. The influence of the external, internal and competitive environment on a firm’s marketing strategy development will be evaluated. Approaches to the development of marketing analysis, plans, segmentation, CRM, value chain strategies, pricing and promotion/sales are studied and applied in project and case assignments. The impact of the Internet, e-commerce/business, as well as ethical dilemmas and privacy issues are given due consideration. A comprehensive, capstone marketing plans and design strategy, using information technology software is a requirement of this course.
Prerequisite: MSA 710, 740

MSA 752 Financial Institutions and Markets 3 Credits
Modern financial institutions and markets operate in a dynamic environment that is witnessing increased global integration as financial intermediaries transform into a singular financial services industry. Fuelled by innovation, technology, regulation, taxation, and competition, once sacrosanct boundaries between traditional industry sectors and international barriers have been breached. The reintegration of and coalescing within the financial services industry has meant a renewed emphasis on profitability and the development of management and corporate strategies to control institutional and investor risk. In addition to an emphasis on risk measurement and management, this course will cover asset securitization, securities markets, off-balance-sheet activities, financial institutions, globalization of financial services, financial statement analysis and loan applications, securities trading activities, regulation, industry trends and characteristics, and interest rates. Students will use and apply analytical models, tools and techniques to gain a greater understanding of the operations of a modern financial institutions and markets.
Prerequisite: MSA 744

MSA 754 Financial Engineering 3 Credits
Financial engineering is a hybrid, interdisciplinary course that integrates several major areas and activities in finance, economics, management, mathematics, statistics, quantitative methods, accounting, computer science, business research and decision modeling. The application of higher level theoretical, empirical, conceptual, modeling, and experiential tools from these disciplines to problems in derivative securities valuation, portfolio structuring, risk management, scenario simulation, strategic management, dynamic investment strategies, and securities trading are emphasized. Legal and regulatory issues in financial engineering will be explored.
Prerequisite: MSA 744, 752 or Permission of Program Director/Chairman

MSA 756 International Finance and Economics 3 Credits
This course integrates international finance and international economics. It broadens students’ knowledge and understanding of financial globalization policy issues and risks in the corporate environment as well as the developed and developing world in the areas of capital flows, global capital markets (debt and equity securities, derivatives), foreign exchange transactions and international trade of goods and services involving classical and neoclassical and modern models, traded assets and portfolio diversification, international bank lending, financial linkages and Eurocurrency and other currency derivatives, balance of payments and trade deficits, international monetary economics, and transition economies. Students will also gain greater appreciation and awareness of the integrated and increasingly interdependent financial and economically internationalized world.
Prerequisite: MSA 744, 752 or Permission of Program Director/Chairman

MSA 758 Derivatives 3 Credits
This course focuses on derivative instruments that are traded in the markets and held in investor (individual, institutional, government) portfolios. Emphasis is placed on the underlying products that create derivatives, such as equities, commodities, interest rate, and foreign exchange. New developments in the derivatives markets that involve trading in credit, electricity, weather, and insurance derivatives are given special attention. Forward, futures and options (generic, exotic, real) markets are considered from the perspective of hedgers, speculators, and arbitrageurs. Martingales, convexity, HJM, LMM and other measures and models, binomial trees, and stochastic processes will be discussed at length. This material will have a thorough grounding in use of options, futures and other derivatives to control market risk.
Prerequisite: MSA 744, 752 or Permission of Program Director/Chairman

MSA 760 Employee and Labor Relations 3 Credits
This course will focus on the dynamics of union/nonunion, labor/management relations in the contemporary organizational environment. Creation of internal policy, complaint systems, employee rights, performance appraisals, employee morale, health, safety and security issues will be examined. Labor/management behavior within the framework of applicable federal and statutory laws and regulations, administration of labor contracts, the mediation and arbitration process, legal aspects of collective bargaining and related practices, negotiation techniques and unfair labor practices will be addressed. The role of unions will be analyzed for applicability to the twenty-first century mobile, technology-educated workforce. Topical readings, case analysis, group projects, and a scholarly research paper will round out the class lectures and class assignment.
Prerequisite: MSA 720, 730

MSA 762 Compensation, Benefits and Pension Planning 3 Credits
Organizations face increasing challenges to design effective and efficient compensation programs to retain employees and motivate them to higher levels of performance and productivity in a globally competitive environment. There are increasing legal, legislative and regulatory reforms and constraints; workforce competition; labor cost reduction pressures due to outsourcing/offshoring and information technology infrastructures; and product competition and growth. There is also extraordinary tension between an organization’s labor requirements and its ability to pay competitive wages within the dynamic of regulatory and competitive constraints. Part I of this course will expose students to compensation theories and administrative practices and provide them with the knowledge and techniques to make rational compensation decisions.

In Part II of the course, the focus is on pension planning, that includes tax and legal requirements, defined contribution plans (profit sharing, savings, employee stock ownership [AESOP], 401[k], 403[b]), defined benefit plans, IRAs, Keogh plans, SEPs, SIMPLE plans, ERISA, and Employee Stock Compensation Plans. The intent is to educate students about available corporate employee incentive compensation packages other than competitive wages, some of which are participant-directed investing.
Prerequisite: MSA 720, 730, 740

MSA 764 Organizational Staffing 3 Credits
This course will examine the evolving strategic, technological, practical, and legal issues confronting organizations and their staffing systems. It includes all applicable federal laws and practices as well as employee orientation, selection, recruitment, promotion, training and career development. This course will look explicitly at the corporate staffing ethics and why it is essential in today's business environment. The organizational staffing model will present the strategic approach from the organization's mission, goals and objectives, human resource and staffing strategies to staffing systems and retention management. Staffing systems management will include staffing functions, software, analysis and EEOC mediation programs. Recent case analysis will serve as an integral part of the class reading, discussion and final research paper.
Prerequisite: MSA 720, 730, 760

MSA 766 Labor Economics 3 Credits
In this course, labor economics deal with the conceptual, theoretical, empirical and labyrinthine forces that fuel the function and operation of modern labor market behavior in the determination of long/short-run supply and the elasticity of demand, market surplus, and equilibrium wages and employment within the context of institutional and legal policies and human capital influences.

The course analyses wage and employment determinants that include market imperfections, imperfect and asymmetric sources of information, collective bargaining, compensation and benefits, labor market discrimination related to race and gender issues, unemployment, wage/income inequality and poverty, labor market monopsony, incentive pay systems, career compensation, personnel economics, and the economics of trade
unions. Students will consider the tradeoff between leisure activities and the investment choices associated with the acquisition of knowledge, skills and abilities for entry into the workforce.
Prerequisite: MSA 740, 760, 762 or Permission of Program Director/Chairman

MSA 768 Supply Chain Management 3 Credits
Supply chain management focuses on a complex network of linked relationships among upstream and downstream suppliers and customers with the organization as the focal point of business process integration and interfaces that include product design, production, manufacturing, operational functions and services, finances, and communication and information technology systems. The overarching goal of supply chain management is to reduce uncertainty and risk and to cost-effectively and competitively deliver goods and services to the ultimate customer that satisfies their needs and expectations.

The course introduces a theoretical and conceptual definition and framework of supply chain management that stresses business process integration and coordination of the entire flow of raw materials and semi-finished goods and services to the enterprise and its customers. Inventory control, ERP, CRM, e-business/commerce, transportation and logistics, warehousing and knowledge management technologies and applications are studied for their strategic effectiveness and efficiency in reducing costs, generating revenues, improving profitability, and sustaining organizational competitiveness.
Prerequisite: MSA 710, 740, 750 or Permission of Program Director/Chairman

MSA 770 Public Policy and Administration 3 Credits
This course takes a historical, theoretical and applications approach towards contemporary and emerging public policy issues and administration. It provides a broad survey of issues that incorporate pluralist, elitist, cyclical models, eclectic, state centered and social movement theories to explain public policy continuity, change and typology. Distributive, redistributive, competitive regulatory, protective regulatory and morality policies are explored. Using case study methodology, the course will discuss the interdisciplinary integration and interrelationship between public policy issues and administration. Students will consider a central issue of, why are some policy issues subject to constant change and others remain static, and what is the impact on administrative governance?
Prerequisite: MSA 760 and Senior Graduate Status or Permission of Program Director/Chairman

MSA 772 Legal, Ethical and Regulatory Environment of Business 3 Credits
Organizational enterprises operate under the rule of law, which regulates the structure, behavior, and conduct of businesses and their employees. The existence of capitalistic societies, wealthy nations, and vibrant economies are enabled by legal systems that protect the system of private enterprise and facilitate the promotion of responsible corporate governance thereby reducing fraud and corruption. This course will examine the various laws, policies, regulations and statutes that are at the bedrock of American business. The court system, litigation process, the constitution and business, intellectual property, contracts and torts, criminal law, labor law and employment discrimination, antitrust laws and securities regulations, and environmental and international law will inform this courses. Students will analyze the rationale and impact of Sarbanes-Oxley on corporate governance and the interplay between ethical issues and dilemmas and legal requirements. Business law cases will be integrated in chapter discussions.
Prerequisite: MSA 740, 760, 762 or Permission of Program Director/Chairman

MSA 774 Leadership 3 Credits
This course will examine the multi-faceted nature, concept, context and distinction between leadership and management as it is practiced and applied in the workforce. The approaches to several dimensions of leadership (transformational, charismatic, and transactional) as proposed and promulgated by theorists, researchers, scholars, and practitioners will be examined for applicability to twenty-first century organizations. Social, hierarchical, political and power relationships among leaders, followers and constituents are conceptualized and exposed to arrive at an articulated framework for understanding their dynamic interaction in the development of a strong corporate culture that builds “high-performance human systems.”
Prerequisite: MSA 720, 730, 764 or Permission of Program Director/Chairman

MSA 776 Public Finance and Political Economy 3 Credits
This course employs several analytical tools and models (Tibeout and others) to examine and understand the financial expenditures, benefits and implications of the implementation/non-implementation of major government programs and policies. There are several linkages between economic analysis, political issues and public responses and choice. Key issues related to income distribution, welfare economics, social insurance (social security, unemployment, and health), taxation (corporate, personal, commodity, consumption, wealth, property, local, and state), regulation and environmental issues, and homeland security receive comprehensive treatment. Students will be exposed to the historical debate between political economy and normative public finance and determine whether coexistence or separation is possible in a globally interdependent world where interlocking public domains (countries, governments, private enterprises, civil society, people), trans-border concerns and international economic cooperation are essential.
Prerequisite: MSA 744, 752 or Permission of Program Director/Chairman

MSA 778 Securities Analysis and Investment Management 3 Credits
This course employs historical and philosophical insights combined with theoretical knowledge and the practitioner’s approach to securities analysis and investment management strategies and practices. Students will receive a thorough grounding in value investing, valuation techniques for equity securities, technical analysis, fixed income valuation, bonds with embedded options, time-value convexity trade-off and immunization, and investment strategy. Additionally, students will understand how to measure, manage and value companies.
Prerequisite: MSA 744, 752 or Permission of Program Director/Chairman

MSA 780 Entrepreneurship and Venture Capitalism 3 Credits
This course provides a framework for understanding the entrepreneurial process that includes opportunity recognition and feasibility analysis, a solid business idea, a strategic business and executable plan that maximizes the chances for commercial success in the marketplace, and strategies for growing the entrepreneurial firm. Since many new ventures struggle or fail in the first or second year of their existence, this course will analyze the success or failure of real-life entrepreneurial startups and suggest, through case studies supplemented by lectures and guest speakers, effective and efficient financial, marketing, management, and business strategies and practices that minimize failures. Students will learn how to develop an entrepreneurial mindset, build social and business networks, and become resource gatherers of human, social, physical, technical, and financial capital. The many approaches to securing funding, with a special emphasis on venture capitalism, will be studied and applied. Students will produce a comprehensive concept plan for an entrepreneurial business.
Prerequisite: Senior Graduate Status or Permission of Program Director/Chairman

MSA 782 Mergers, Acquisitions and Divestitures 3 Credits
Mergers, acquisitions, and divestitures (MAD) are vital business tools for enterprise growth and expansion to gain and sustain competitive advantages in industry sectors and in the marketplace. This is a high level course for the advanced graduate finance students who will gain a thorough understanding of contemporary finance theories and applications in the MAD arena. The course will consider the rationale and strategies underlying MAD activities; examine due diligence, valuation and financial accounting procedures and models; discuss the transaction terms, deal design, structure and dynamics; analyze the impact of legal, regulatory and governance issues; assess the external and internal behavioral affects on competition, employees and managers; and explore strategies for successful pre- and post-merger integration. Students will seek answers to fundamental questions: Does mergers and acquisitions (M&A) activities create value for the acquiring company’s shareholders? Are the expected synergies realized? Do acquirers systematically overpay? Are M&A deals a matter of survival in a consolidating or increasingly competitive industry? Case studies and industry experts will supplement lectures.
Prerequisite: MSA 778 or Senior Graduate Status or Permission of Program Director/Chairman

MSA 784 Behavioral Finance 3 Credits
Unlike conventional or rational financial economics models and theories, the premise of behavioral finance theories is that real people make investor decisions based on psychological biases and biological anomalies that influence capital market performance and outcomes. It challenges the concept of the rational economic man (perfect rationality, perfect self-interest, and perfect information) and the rational markets. The drivers and the many biases associated with behavioral finance theories will be explored in-depth for their impact on asset allocation and the efficient and anomalous market hypotheses, including prospect theory and neuroeconomics, heuristics, probability, insights from cognitive psychological behavior, and experimental economics. Standard concepts in rational financial concepts such as valuation, capital budgeting, capital structure, dividend policy, real-option techniques, corporate governance, and mergers and acquisitions will be covered. Students will apply standard and behavioral finance concepts to the development of portfolio and wealth management strategies and structures.
Prerequisite: MSA 752, 778 or Permission of Program Director/Chairma
n

MSA 790 Strategic Management 3 Credits
Strategic management is an upper-level course that integrates the major business disciplines of economics, finance, investments, management, and marketing as well as statistics and quantitative methods. It is designed to give current and future managers, leaders, entrepreneurs, and others the tools and techniques they need to successfully formulate and implement organizational strategies (vision, mission, goals/objectives, action plans) to achieve a competitive advantage that yields superior financial performance while maintaining quality and providing excellent customer service. To be effective, the organization’s stakeholders (particularly management and staff at all organizational levels) must buy-in and support the strategic management process from initiation to execution and implementation.

Using case studies, current readings in strategic management, Internet and information technology resources, students will develop critical analytical tools to think strategically, conduct strategic analysis, craft and implement optional, integrated business strategies using sound managerial judgment based upon socially responsible ethical and organizational principles and behavior.
Prerequisite: Senior Graduate Status or Permission of Program Director/Chairman

MSA 792 Seminar in Global Financial Management 1 Credit
This seminar will address historical and contemporary global and domestic financial management issues. Cases, empirical studies, articles from trade journals and guest speakers will supplement instructional activity.

MSA 794 Seminar in Global Human Resources Management 1 Credit
This seminar will address historical and contemporary global and domestic issues in human resources management. Cases, empirical studies, articles from trade journals and guest speakers will supplement instructional activity.

MSA 796 Seminar in Public Policy and Management 1 Credit
This seminar will address historical and emerging public policy issues and management in the domestic and international arena. Cases, empirical studies, articles from trade journals, government and agency literature, and guest speakers will supplement instructional activity.

MSA 798 Seminar in Business, Professional and Organizational Ethics 1 Credit
This seminar will address historical and emerging ethical issues as they impact the conduct of employees, managers and executives in public and private enterprises. Cases, empirical studies, articles from trade journals and guest speakers will supplement instructional activity.

MSA 800 Integrated Capstone Research Project 3 Credits
The capstone course is a terminal MSA, independent research project that critically integrates the theoretical concepts of the program with the occupational, career, and post-graduate interests of the student. The research project gives students the opportunity to identify an issue or problem that merits in-depth investigation. The investigation involves identification of a topic, application of a business research design model, undertaking a literature review, quantitative and qualitative collection of historical, current and/or extant data, data analysis, and an action-oriented 75 – 100 page report of research findings and recommendations. Capstone models the format and structure of a graduate thesis.

A department of Business and Information Technology faculty member will supervise students with an interest in his/her area of specialization from research proposal development to research project completion and presentation.
Prerequisite: Senior Graduate Research Status or Permission of Program Director/Chairman


The Lincoln University
1570 Baltimore Pike, P.O. Box 179, Lincoln University, PA 19352 \
484-365-8148