LSU Flores MBA: Specializations
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The LSU Flores MBA program offers full-time specializations to help students tailor their education to career goals, including areas such as analytics, energy, finance, healthcare management, and marketing analytics. Each specialization is designed to equip students with the necessary skills and knowledge relevant to their chosen field, with a focus on real-world applications, industry exposure, and professional development. Additionally, students have the opportunity to customize their MBA experience by selecting courses from an approved list to align with their career aspirations.
LSU Flores MBA: Specializations
- 1. LSU Flores MBA Program Full-‐Time MBA Specializa2ons
- 2. Full-Time MBA Specializations One of our goals is to provide you the tools required to succeed in your chosen field. To do so, we will help you tailor your program to a specific specializa=on that fits your needs. Whether you are interested in building on previous experience or contempla=ng a career change, the LSU Flores MBA Program provides tradi=onal and cuIng-‐edge specializa=ons to meet your career goals. The course offerings are con=nuously reviewed to meet the changing demands of the marketplace. The Full-‐Time Flores MBA program currently offers specializa=ons in the following areas:
- 3. Analytics Analy=cs involves studying past historical data to research poten=al trends, analyzing the effects of certain decisions or events, and evalua=ng the performance of a given tool or scenario. The goal of analy=cs is to beNer the business or organiza=on by gaining knowledge which can be used to make improvements or changes. As firms con=nue to lower costs, they will make beNer use of informa=on, and thus, there is a growing need for analy=cs specialists in marke=ng. What Does it Take? • ISDS 4141: Introduc=on to Data Mining • ISDS 7510: Database Management • ISDS 7070: Analy=cs Project (Prereq.: ISDS 4141, ISDS 7510) Click here to learn more.
- 4. Energy The oil and gas industry comprises one of the world’s largest and most important industries. In fact, it is the lifeblood of Louisiana’s economy. LSU Flores MBA students can pursue this new specializa=on through elec=ves that include an overview course, as well as classes in mineral rights, energy law, finance, and analy=cs. They will also gain exposure to the energy industry through site visits, case compe==ons, industry speakers, conferences and expos, and industry-‐related internships. Why Study Energy? Employment has increased by 40% in the energy sector over the last several years, more than any other industry. In fact, jobs in the energy industry are expected to nearly double to 3 million by 2020. However, 72% of energy employers say they have difficulty finding quality candidates. Opportuni=es for employment exist in Louisiana, Texas, and ci=es of all sizes across the country. The LSU Flores MBA Program can prepare you for those opportuni=es. Click here to learn more.
- 5. Energy (Continued) What Does it Take? To graduate with a specializa=on in energy, students must complete nine hours from the following courses: • ENVS 4261 • ISDS 7150 • LAW 5205 • LAW 5220 • FIN 7400 • BADM 7170 • Or a faculty advisor-‐approved energy elec=ve. Students must have a 3.0 GPA in the courses used to sa=sfy the specializa=on. All nine hours must be taken on LSU’s campus. Click here to learn more.
- 6. Finance Finance is the study of how individuals, businesses, and organiza=ons acquire and u=lize capital (i.e. money). Two basic elements of finance include trade-‐offs between expected returns and risk and the importance of =ming of future cash flows. What Does it Take? • FIN 7310: Real Estate Financial Decisions • FIN 7400: Financial Risk Management (Chance) (Prereq.: BADM 7090 or equivalent) • FIN 7633: Financial Markets (Prereq.: BADM 7090 or equivalent) • FIN 7719: Advanced Financial Management (Prereq.: FIN 3826 or equivalent) • FIN 7740: Venture Capital (Prereq.: BADM 7090 or equivalent) • FIN 7826: Investment Analysis & Porkolio Theory Click here to learn more.
- 7. Financial Planning A financial planner is a prac=cing professional who provides direc=on for various aspects of personal finance, including cash flow management, educa=on planning, re=rement planning, investment planning, risk management and insurance planning, tax planning, estate planning, and business succession planning (for business owners). This professional is guided by the financial planning process to create a detailed strategy tailored to a client’s specific situa=on and that meets specific goals. The key defining aspect of what the financial planner does is that he or she considers all ques=ons, informa=on, and advice as it impacts and is impacted by the financial and life situa=on of the client. In 2011, the E. J. Ourso College of Business was named a CFP® Program Partner by the CFP Board, a global associa=on for financial service professionals that awards the Cer=fied Financial Planner designa=on. The CFP Board’s mission is to award the designa=on and uphold the ethical and competent standards of the financial planning profession.
- 8. Financial Planning (continued) Why Choose the MBA -‐ Financial Planning Specializa=on? Obtaining an MBA with a specializa=on in financial planning is a powerful combina=on. The courses selected to make up the MBA-‐specific specializa=on provide students the knowledge necessary to work in careers such as banks and trust companies, tradi=onal brokerage houses, insurance businesses, and financial planning firms. This MBA specializa=on is also a perfect star=ng point for obtaining the educa=on needed to work in the financial planning profession. According to Money Magazine and PayScale Inc., financial planning is a field in high demand and expected to grow 41% by the end of this year. What Does it Take? • FIN 7900: Independent Study (Fundamentals of Financial Planning) • FIN 4071: Re=rement Planning and Employee Benefits for Financial Planning • FIN 4073: Estate Planning for Financial Planning Click here to learn more.
- 9. Global Entrepreneurship This specializa=on is designed to explore the opportuni=es inherent in combining globaliza=on with informa=on technology and how to transform them into new products or services in exis=ng firms and new ventures. It also emphasizes the crea=ve process of entrepreneurs and how to pool and leverage globally networked resources to empower entrepreneurial thinking. What Does it Take? • BADM 4040: Entrepreneurship in China (Chen) – Spring • BADM 7160: Nego=a=ons, Persuasion, and Influence (MBA Faculty) – Spring • BADM 7170: Interna=onal Management Challenges (MBA Faculty) – Spring • ISDS 7150: Emerging Markets and Supply Chain Opportuni=es (Chen) – Fall Click here to learn more.
- 10. Healthcare Management Healthcare management includes the analysis and supervision of the overall healthcare structure with a focus on improving the effec=veness, efficiency, and quality of the healthcare system. Healthcare management also focuses on the opera=ons of healthcare providers and the management of the resources necessary for a provider to operate efficiently and produc=vely. Healthcare management is a growing and sustainable field based on the na=onal demographics and the preference of U.S. consumers for high-‐quality medical care. What Does it Take? • PADM 7610: Healthcare Organiza=on and Finance • ECON 4421: Healthcare Economics Click here to learn more.
- 11. Human Resource Management Human resource management (HRM) is the strategic approach to the overall management of an organiza=on’s employees who individually and collec=vely contribute to the achievement of the objec=ves of the company. Addi=onally, HRM is the organiza=onal func=on that deals with issues such as compensa=on, hiring, performance management, organiza=on development, safety, wellness, benefits, communica=on, administra=on, and training. What Does it Take? • MGT 4322: Employee Selec=on and Placement • MGT 4523: Legal Issues in Human Resource Management • MGT 4323: Compensa=on Administra=on • BADM 7160: Nego=a=on, Persuasion, and Influence • PADM 7912: Public Personnel Policy • BADM 7900: Human Factors in Business and Industry Click here to learn more.
- 12. Internal Audit Internal audi=ng is essen=ally a risk assurance and consul=ng func=on that serves an organiza=on through opera=on, compliance, and financial evalua=ons. LSU’s Internal Audi=ng program is recognized globally as the leader in internal audit educa=on. Faculty and students have won numerous interna=onal awards, including the Interna=onal CIA Student High Achievement Award on the Cer=fied Internal Auditor Examina=on in 19 of the last 27 years. LSUCIA students have received the Interna=onal Sawyer Manuscript Award in four of the last six years. Center for Internal Audi=ng (LSUCIA) The LSUCIA, considered to be the premier internal audit program in the world, is a unique, dynamic, and educa=onal program. It provides training to graduate and undergraduate students for developing an understanding about the internal audi=ng profession and enterprise risk management. The program was the first university-‐based internal audi=ng training program and was established in 1985. The LSUCIA has become a model for similar programs in other schools and countries.
- 13. Internal Audit (continued) What Does It Take? The LSUCIA specializa=on consists of three to five courses with an emphasis on governance, risk, and controls. Students must take a minimum of three courses to be considered as qualifying for the specializa=on designa=on. Several departments have differing course requirements for an internal audit specializa=on. The program begins in January and ends in December. Internal audit is a mul=disciplinary profession, and the LSUCIA seeks students from backgrounds as varied as engineering, finance, informa=on systems, management, marke=ng, accoun=ng, economics, and public administra=on, as well as non-‐business areas. The suggested route for an internal audi=ng specializa=on is as follows: • ACCT 7233: Graduate Internal Audi=ng (Prereq: consent of instructor) • ACCT 7232: Case Studies in Internal Audi=ng (Prereq: ACCT 7233) • ACCT 7234: Opera=onal Audi=ng (Prereq: ACCT 7233) • ACCT 7231: Internship in Internal Audi=ng (Prereq: Permission of instructor) Click here to learn more.
- 14. Management Consulting Management consul=ng is the broadest sub industry in the consul=ng field. Management consultants serve as advisors to firms and offer solu=ons to improve organiza=onal performance based on a detailed analysis of exis=ng organiza=onal strategy and resources in areas such as human capital, technical, and financial. What Does it Take? • ISDS 7230: IT Project Management • ISDS 4141: Data Mining • BADM 7160: Nego=a=ons, Persuasion, and Influence • LAW 5883: Business Plan and Transac=on • ADM 7600: Consul=ng Field Project Click here to learn more.
- 15. Marketing Analytics Marke=ng today is undergoing a fundamental shio – moving from a product-‐focused orienta=on (the brand manager) to a customer-‐centric approach (the customer experience manager). Driving this change are two complementary forces: (1) the emergence of “big data” and the wealth of individual customer insights taken from this data, and (2) the development of a data-‐driven culture of decision making based on technological and analy=c tools not available even just a few years ago. Analy=cs are now applied to every aspect of marke=ng, ranging from the more tradi=onal marke=ng-‐ mix ques=ons (media alloca=on, product design, pricing op=miza=on, supply chain management) to the emerging customer-‐focused issues reflec=ng marke=ng’s embrace of the rela=onship paradigm (customer reten=on, customer rela=onship management, customer life=me value). Yet this analy=cal orienta=on requires informa=on, and the rise of “big data,” in terms of both its volume and scope, offers new fron=ers to gain insights not available before, act on those insights, and drama=cally improve the customer experience.
- 16. Marketing Analytics (continued) Why Study Marke=ng Analy=cs? The success of strategic marke=ng in today’s rapidly evolving, data-‐driven business environment requires a founda=on in these analy=cal tools and extensive data sources. What Does it Take? • MKT 7716: Advanced Marke=ng Research Techniques • MKT 7110: Marke=ng Tools Founda=ons and Applica=ons • MKT 7130: Marke=ng Research and Brand Analysis • Supplemental courses: ISDS 4141 -‐ Introduc=on to Data Mining and ISDS 7510 -‐ Database Management Click here to learn more.
- 17. Customize Your MBA The LSU Flores MBA Program allows you to work with its expert faculty to develop a specializa=on that will provide the skills you need, regardless of your career goals. You will select three business courses from an approved list to customize your specializa=on. Past examples include analy=cs, sports business, global entrepreneurship, and energy. For more informa=on, visit our website.
- 18. Contact Us The LSU Flores MBA Program 2000 Business Educa=on Complex Baton Rouge, LA 70803 225-‐578-‐8867 busmba@lsu.edu WEBSITE FACEBOOK LINKEDINTWITTER Interested in learning more?