We are extremely excited about the format of our program. We are aligning the course work in the program with what we believe are three skills managers need in the 21st century. These skills: leadership, the ability to manage changing technologies, and enterprise risk management have been identified in the strategic plan of the Terry College as the key areas of focus for the college. Three interdisciplinary Centers of Excellence, one in each skill area, have been created within Terry to foster research and instructional initiatives in these areas. The Evening MBA program is the first program to be specifically tailored to this strategic plan and will provide a model for revisions to other programs, including the full-time MBA program. We are also incorporating instructional technology components, developed and refined in some of our other programs, to provide a highly interactive format between students and faculty.
The final 12 hours in the program are devoted to exposing students to three (3) hours of advanced course work in each strategic area, with the remaining three (3) credits reserved to allow students to take additional specialty courses in one of the areas. Many of the courses will be newly created and we anticipate that several will be interdisciplinary in nature.
The following provides an overview of each of the strategic areas and provides a listing of course topics that may be taught within each area in any given year. The specific courses that are offered in these three areas may vary each year.
Traditionally, MBA programs have taught students how to manage resources, but have spent less time teaching students how to lead people. Recent changes in the way in which business operations are conducted (e.g. autonomous work teams, decentralized structure, networked organizations) require that employees throughout an organization function as effective leaders. In addition, leadership is an essential component of entrepreneurship and new venture start-up. Courses offered in this area are designed to assess a student's strengths and weaknesses as a leader and to improve their effectiveness by providing a set of skills that include planning for and organizing resources, social influence, adaptability, vision, human capital development, and managing organizational systems and people.
Typical courses will include such topics as:
Enterprise risk management refers to the problem of identifying and evaluating risks within an enterprise and determining appropriate means to manage those risks. Financial risks, such as uncertainty in interest rates, exchange rates and credit risks, as well as operational risks, such as traditional hazard risks, technological changes, terrorist attacks, and dynamic product markets, can severely impact the firm's cash flows and profits. Enterprise risk management emphasizes the importance of systematically considering the risks across the firm to develop a complete understanding of the firm's total risk exposure. By coordinating risk management across the firm, the overall risk exposure can be managed more effectively. The ultimate goal of risk management is to maximize the value of the organization through the effective and efficient treatment of risk. In this way, risk management can become a strategic advantage of the organization.
Typical courses will include such topics as:
Information technologies such as the Internet, intranets, electronically integrated supply chains, customer relationship management systems, e-business retailing, search engines, intelligent agents, and electronic marketplaces are changing the rules of business competition, disrupting established market patterns and creating opportunities for new business models. Courses in this area are designed to help businesses identify and interpret the impact of new technologies on business processes and the enhancement of organizational performance through new business models.
Typical courses will include such topics as:
Today Atlanta is home of the world's busiest airport and the third largest concentration of Fortune 500 companies in the nation. In the past 20 years alone, the population has doubled and Atlanta has become on of the top job producers in the nation. The proximity of Atlanta to Athens along with the Terry Executive Education Center provides Terry MBA's an advantage in participating in interviews, research and internships in the business center of the Southeast.
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