Learning Goals Program Learning Goals' number Description of Learning Goals Zicklin School of Business Graduate 1 2 3 MBA 4 Students will be effective oral and written communicators as leadership and teamwork in business is dependent on developing shared meaning and commitment to action fostered through communication. Students should understand the role of information technology in organizational decision making and strategy. Students will be sensitive to ethical issues in business, understand the importance of behavior and their responsibilities as business people to uphold ethical principles in their dealings. Students will be sensitive to differences in perspectives, institutions, and practices among business people from around the world as our global economy puts a premium on global business relationships. 5 Students will effectively use quantitative techniques to describe and analyze business phenomena and help develop solutions to business problems. 6 Students will gain conceptual knowledge and analytical skills helpful to functioning effectively in teams. Students will experience opportunities to understand and develop leadership competencies. 7 Students will have working knowledge off all functional areas in business and apply them in a holistic, analytical, and integrative manner to effectively understand and recommend solutions to business problems. 1.1 Students will develop the skills needed to operate successfully in modern financial markets. 1.2 In particular, students will learn how to value projects, companies, and securities. 1.3 In addition, they will evaluate and manage innovations in advanced and new areas of financial markets and derivatives. 2 Students will be effective oral and written communicators as leadership and teamwork in business depends on developing shared meaning and commitment to action fostered through communication. 3 Students will develop skills that enhance their ability to function effectively in teams and will have opportunities to experience, understand, and develop their competencies as leaders. 4 Students will be aware of differences in the perspectives and practices among business people and institutions from around the world as our global economy puts a premium on global business relationships. 5 Students will be aware of ethical issues in finance, understand the importance of ethical behavior and their responsibilities as business people to uphold ethical principles in their dealings. EMS in Finance MBA Healthcare Program 1 Students will be effective oral communicators as leadership and teamwork in business in dependent on developing shared meaning and commitment to action fostered through communication. 2 Students will be effective written communicators as leadership and teamwork in business in dependent on developing shared meaning and commitment to action fostered through communication. 3 Students will develop skills that permit them to function effectively in teams and be given opportunities to experience, understand, and develop their competencies as leaders. 4 Students will develop effective information literacy skills and understand how information technology is used to support organizational decision-making. 5 6 7 Students will effectively use accounting concepts to assess markets and manage revenues and costs and to oversee budgets in health care organizations. Students will effectively use economic concepts to assess market competition, to evaluate the impact of changes on the supply and demand for particular goods and to assess the effect of macro-economic forces or general trends in output, prices and interest rates. Students will effectively use economic, accounting and financial concepts to assess markets, to manage revenues and costs, and to oversee budgets in health care organizations. MS Accountancy 8 Students will know the health insurance system in the US, its major payers and its myriad incentives, so as to best adapt business skills to the efficient provision of health care services to diverse populations and their multiple needs 9 Students will effectively apply quantitative techniques to describe and analyze business phenomena and help develop solutions to business problems. 10 Students will have the opportunity to develop a specialized intellectual competence in at least one business discipline to support post degree employment aims. 11 Students will be sensitive to ethical issues in health care settings, understand the importance of behavior and their responsibilities as managers to uphold ethical principles in their dealings. 1 Awareness of profession responsibilities: understand the professional role played by accountants in society in providing and ensuring the integrity of financial and other information 2 Be able to recognize and evaluate ethical issues arising in a broad spectrum of accounting and general business contexts 3 Develop the competency in researching the accounting, tax, and business related research sources as well as other financial literature independently to solve problems that are beyond the scope of fundamental accounting and tax knowledge 4 Be able to demonstrate a thorough command of general and technical accounting knowledge. Identify and exemplify attributes and professional skills necessary for successful careers in accounting 4.1 Be able to record, analyze, and interpret historical and prospective financial and non-financial information with appreciation of the relevant theoretical background and accounting alternatives 4.2 Demonstrate the ability to design systems and apply technology to financial and non-financial information management 4.3 Be able to develop risk assessment systems and analyze risk 4.4 Be able to develop and analyze key accounting and business processes 4.5 Be able to work with key concepts in taxation and develop effective tax minimization strategies 4.6 4.7 Be able to successfully apply project and engagement management concepts Be able to integrate technical accounting knowledge with other functional areas of business to analyze and recommend solutions to business problems 5 Develop advanced knowledge and expertise in complicated accounting is 6 Develop effective oral and written communication skills when communicating accounting-related information 7 Be able to perform accounting and management functions effectively in a global environment 1 1.1 2 3 3.1 MS in Business Analytics 4 5 6 1.1 MS Entrepreneurship 1.2 1.3 Students will be able to apply methods, tools, and software for acquiring, managing/storing, and accessing structured and unstructured data. Students will also gain a vision of the strategic uses of data. Students will be able to prepare data for statistical analysis, perform basic exploratory and descriptive analysis as well as acquire foundational statistical techniques needed to analyze data Students will be able to build and interpret advanced predictive models. Students will be able to combine business rules and mathematical models to optimize business decisions from data. Students will develop an understanding of ethical issues in all phases of business analytics with particular emphasis on the new possibilities afforded by the emergence big data. . Students will be able to explain complex analytical models and their results orally and in writing to technical and non-technical/lay audiences. Students will be able to apply the three key types of analytics (descriptive, predictive, and prescriptive) in a business domain to add value to business decision-making. Understands operational issues of entrepreneurial ventures. Understands venture start-up and growth strategy issues. Identifies and explains operational issues via case analyses and real life examples. 1.4 1.5 1 MS Financial Risk Management Analyzes various business opportunities by applying systematic theoretical frameworks such as a SWOT analysis; identifies family and social networks and community linkages, among others, and articulates the venture's source of sustainable competitive advantage. Constructs a business plan. Students will master the core elements of risk management, including concepts of market, credit, and operational risk, and regulatory requirements. They will also master concepts of statistics, financial securities, and the management of financial institutions that form the foundation of risk management needs and processes. 1.1 Identify the underlying sources of financial and business risks 1.2 Formulate procedures to monitor and manage these risks 1.3 Evaluate a firm’s compliance with regulatory requirements, in particular, Basel III and Dodd-Frank 2 Students will develop technical and analytical skills needed to manage risks in large, complex financial institutions. 2.1 Students will formulate quantitative tools, models, and strategies to manage and control these risks in large financial institutions 3 Students will be able to implement appropriate risk management strategies that take into account a comprehensive evaluation of the overall risk exposures of the enterprise. 3.1 Formulate appropriate risk management strategies that take into account a comprehensive evaluation of the overall risk exposures of the enterprise. 3.2 Communicate risk management strategies clearly and persuasively to a firm’s top management, both orally and in writing. 4 MS in Finance Students will develop a deep understanding of ethical issues in all phases of risk management. 4.1 Identify circumstances in which the firm’s managers are most likely to face ethical challenges. 4.2 Evaluate how professional codes of conduct in financial risk management are designed to guide managers’ actions in the presence of ethical challenges 1.1 Students will develop the skills needed to operate successfully in modern financial markets. 1.2 In particular, students will learn how to value projects, companies, and securities. 1.3 In addition, they will evaluate and manage innovations in advanced and new areas of financial markets and derivatives. 2 3 MS Industrial and Labor Relations Students will be effective oral and written communicators as leadership and teamwork in business depends on developing shared meaning and commitment to action fostered through communication. Students will develop skills that enhance their ability to function effectively in teams and will have opportunities to experience, understand, and develop their competencies as leaders. 4 Students will be aware of differences in the perspectives and practices among business people and institutions from around the world as our global economy puts a premium on global business relationships. 5 Students will be aware of ethical issues in finance, understand the importance of ethical behavior and their responsibilities as business people to uphold ethical principles in their dealings. 1 Students will develop a comprehensive, in-depth and current subject matter expertise with respect to Compensation, Training and Development, and Employment Law. 2 Students will develop a comprehensive, in-depth and current subject matter expertise with respect to Labor Relations, Collective Bargaining and Dispute Resolution. 3 Students will acquire knowledge and develop skills that permit them to function effectively in teams and be given opportunities to acquire competencies as team members and leaders. 4 Students will be effective in oral communication and negotiation by incorporating multiple interests with regard to issues and using persuasive expression that reflects a balanced perspective 1 Students will be able to analyze or develop an organization’s information systems strategy and align it with that organization’s overall business strategy. 2 Students will be able to assess the role of information systems in organizational structure and processes. 3 Students will understand and apply general Information Systems development principles. 4 Students will gain conceptual knowledge and analytical skills helpful to functioning effectively in teams and experience opportunities to understand and develop leadership competencies 1 Students will be able to analyze an ethical problem or situation and develop a marketing response which considers all relevant ethical issues. 2 Students will be able to prepare a written document or presentation which addresses key marketing issues in a thorough and persuasive manner. 3 Students will be able to explain how consumer behavior influences key marketing decisions. 4 Students will be able to fully integrate the above by creating a comprehensive marketing plan. MS Information Systems MS Marketing 1 Students will be able to effectively model, evaluate, and solve quantitative (business) problems using quantitative modeling methods (e.g. deterministic and probabilistic operations research techniques). 2 Students will be able to correctly apply appropriate statistical methods when defining, solving, and analyzing problems. 3 Students will be able to use current technological tools, including spreadsheets and specialized software, when solving problems. 4 Students will be able to effectively communicate their problem solving methods and solutions to technical and non-technical audiences. MS Quant Methods and Modeling 1. Quantitative Literacy: Students will identify appropriate trade-offs involved in a given problem and use suitable quantitative methods and tools to analyze the situation and recommend appropriate solutions. 1.1 Mortgage structure – Students will identify and describe components of a mortgage and promissory note, and produce an amortization schedule with a clear understanding of the time value of money 1.2 Underwriting – Students will perform a simple risk analysis, both of various mortgage products and within the context of the underwriting process MS Real Estate 1.3 2 Residential analysis – Students will make a refinancing decision, can describe special financing and understands concepts in, and simple quantitative analysis of, a rent versus own decision Written Component – Students will identify core arguments and insights, have an essentially error free, good composition; have clear, concise and convincing reasoning and analysis, and well-structured arguments 3. Teamwork and Leadership: Students will function effectively in teams and experience opportunities to understand and develop leadership competencies. 3.1 Teamwork – Students will gain conceptual knowledge and analytical skills helpful to functioning effectively in teams 3.2 Leadership – Students will experience opportunities to understand and develop leadership competencies 4. Ethical Awareness: Students will be able to identify ethical issues arising in a variety of functional areas of real estate decision making. 1 Students will apply mathematical and probability theory to analyze business and/or behavioral issues processes 2 Students will apply various theories of statistical inference in basic analytical and decision directed analytics 3 Students will apply principles of statistical model development in basic business and/or behavioral analytics 4 Students will successfully apply the analytical software packages, R MS Statistics 1 Students will develop a general intellectual competence in tax policy and the rule making process. 2 Students will develop an intellectual competence in more than one tax specialization area. 3 Students will locate valid tax information and evaluate it for the purpose of solving a tax problem or making a tax planning decision. 4 Students will be aware of the ethical issues pertinent to tax practice and understand their responsibilities as tax practitioners to uphold ethical principles in their dealings. MS Taxation