A+B. Intro_SJ.1 - University of Maryland University College

XMBA 605 Financial Systems and Management
Accounting (6)
This seminar focuses on economic decision making and the techniques
and tools managers use to analyze the financial perf o r m-
ance of their organizations. Pe rformance measurement techniques
include economic value added, the balanced score c a rd, openbook
management, and activity-based costing. The theory of
constraints is introduced to analyze the value an organization
p rovides to the customer. Other tools are used to value intellectual
p ro p e rty and whole businesses for purposes of joint ve n t u re s ,
mergers, or acquisitions. In assessing the broader economic environment
of an organization, participants will analyze the changing
global economy, including the evolution of financial markets in
response to rapidly expanding worldwide investment opport u n i t i e s .
XMBA 606 International Business, Trade, and
Business Law (6)
This seminar provides insight into how various strategic facets
must be managed in the global context of trading and regulatory
systems and the growing concerns about national competitive
advantage. Participants will address the impact on corporate decision
making of laws, re g u l a t o ry structures, and public policies at
the local, state, national, and international levels. In addressing
national competitive advantage, participants will consider the
impact of technology innovation, international trade, and business
and antitrust laws on business organizations.
XMIT 601 IT and the Industry and Strategic
Management (6)
This seminar presents an ove rv i ew of the information technology
(IT) industry. Its goal is to impart an understanding of how
the many elements of IT work and what their limitations are.
Mathematical and physical concepts helpful in thinking about
the capabilities of IT and its applications are presented. These
topics include information theory, digitization, probability,
transmission media, integrated circuits, and optical switching.
The seminar also describes concepts essential to information
security applications, such as various encryption schemes and
measures for assuring personnel and physical security. Students
then apply strategic analysis techniques to business policy and
organizational development. Emphasis is placed on linking technology
policy with corporate strategy and the identification of
technology options appropriate for the business or organizational
strategy being executed. Strategy is covered both at the business
unit and corporate (organizational) level. Topics include historical
perspectives on strategic technology planning, external and
internal strategic analysis, technology forecasting, benchmarking,
corporate intelligence, knowledge management, and implementation
and control strategies.
XMBA 607 Strategy and Capstone Project (6)
In this seminar, participants are teamed with sponsoring organizations
to develop a strategic action plan that integrates management
techniques and methodologies covered in the previous
seminars. Through their focus on strategic models, strategy formulation
and implementation, organizational assessment, and
the creation of business plans, participants deepen their insight
into strategic thinking and practical application. Working in
teams, participants develop business plans for their sponsoring
organizations that may include a new market entry strategy, a
product development project, or an organizational assessment
with appropriate change strategy.
| 152 | 2003–2004 Graduate Catalog