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LSU Flores MBA Program
Full-­‐Time	
  MBA	
  Specializa2ons
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:	
  
	
  
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.	
  
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.	
  
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.	
  
	
  
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.	
  
	
  
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.	
  
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.	
  
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.	
  
	
  
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.	
  
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.	
  
	
  
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.	
  	
  
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.	
  
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.	
  
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.	
  	
  
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.	
  
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.	
  
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?	
  

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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?