Master of Science in Management
Offered By: University of Illinois at Urbana-Champaign via Coursera
Course Description
Overview
Earn a master’s degree in management from the University of Illinois and build a strong foundation of fundamental business skills.
As a student in the iMSM, you will take a series of fundamental management classes covering subjects such as leadership and teams, marketing management, strategic management, process management, and more. You’ll also take foundational classes in accounting and finance. You will then have the opportunity to customize your degree by taking elective courses focused on global business and business challenges, as well as data driven decision-making and communications.
As an iMSM student, you’ll earn the same education and learn from the same top faculty as on-campus students. Achieve fundamental business knowledge, gain lifelong leadership skills, and build a global network as you work alongside fellow students and faculty.
The iMSM, which is open to students from any undergraduate major, continues the Gies Business tradition of building highly engaging, flexible online programs. The Gies approach offers innovations unique to online learning. Curriculum, content delivery, and engagement are tailored for maximum positive impact for students in ways that go well beyond simply moving an existing residential program online. The hallmarks of Gies’ online programs – including its popular iMBA – are highly engaging online classrooms and skilled, experienced faculty who deliver leading-edge course material. Gies Business is an acknowledged global leader in online education.
The iMSM is from Gies College of Business at the University of Illinois at Urbana-Champaign, a historical land-grant public research institution founded in 1867.
Syllabus
The curriculum includes business fundamentals such as marketing, leadership, strategy, process management, global business, communicating with data, and finance.
Managerial Accounting
Introduces management accounting as part of a firm's information system, with a focus on modern cost accounting and budgetary systems for planning and controlling business operations
Leadership and Teams
Develops and integrates fundamental behavioral concepts and theory that have administrative applications. An initial focus on individual decision makers expands to ultimately include interpersonal, organizational, and social structures and influences, and is oriented toward developing strategies and methods of research as they pertain to behavioral applications in business.
Marketing Management
Introduces concepts useful for understanding marketing systems and buyer behavior, and supports the development of skills for making marketing decisions. The orientation is primarily managerial and uses examples from both business and non-business contexts.
Strategic Management
Addresses policy construction and planning of policy implementation at the executive level, and features case studies of company-wide situations from a management point of view. An additional focus is on the integration and application of material from previous courses.
Introduction to Finance
Provides an introduction to finance for students who have little or no background in the discipline, and details how managers and investors use key finance principles to make investment and financing decisions.
Process Management
Offers an introduction to decision-making problems in production, with a focus on the theoretical foundations for production management and the applications of decision-making techniques to production problems in a firm. Production processes, plant layout, maintenance, scheduling, quality control, and production control in particular are all covered.
Courses
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In this course you will focus on process improvement. You will learn how to set organizational priorities for continuous process improvement, how to execute process improvement projects, and how to sustain the initiative for continuous improvements.
Upon successful completion of this course, you will be able to:
• Understand the roles of process improvement
• Relate underlying principles to frameworks and techniques used for process improvement
• Synthesize information to make decisions for organizational initiatives and process improvement
• Apply analytical techniques for tactical decisions in a process improvement project
This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu. -
In this course, you will learn how to use accounting to facilitate and align decisions made by owners, managers, and employees. You will learn how accountants create, organize, interpret, and communicate information that improves internal processes and allows organizations to identify and leverage opportunities to create value within the supply chain and with customers. You will be able to: • Understand what managerial accounting is and why it is an important function for successful businesses • Identify problems associated with relying on financial accounting information for internal decision making • Organize cost information according to the decision-making needs of the organization • Apply activity-based costing (ABC) and recognize circumstances and decisions for which ABC systems are relevant • Address common "what-if" questions using cost-volume-profit (CVP) analysis and apply CVP in a variety of scenarios This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.
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In this course you will learn how organizations create, capture, and maintain value. In doing so, you’ll develop an understanding of how and why this process is fundamental for sustainable competitive advantage. You will be able to better understand value creation, and capture and learn the tools to analyze both competition and cooperation from a variety of perspectives, including the industry-level (e.g., five forces analysis) and the firm-level (e.g., business models and strategic positioning). You will be able to: - Understand how managers coordinate different functional areas, resources, and systems inside a company and align them with the external environment to enhance overall performance - Recognize strategic management tools and frameworks and apply them to real business contexts - Process diverse business and industry information to diagnose strategic issues, evaluate strategic alternatives, and formulate a coherent and actionable strategic plan This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.
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In this foundational course, you will be challenged to develop as a leader. You will explore the concept of leadership, assess required competencies for today's leaders, learn more about yourself and how you can make effective and ethical decisions, identify how to build trusting relationships with others, and articulate a practice for growing as a leader.
This course is part of Gies College of Business’ suite of online programs, including the iMBA, iMSA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/. -
In this course you will learn how organizations create, capture, and maintain value, and how it is fundamental for sustainable competitive advantage. You will be able to better understand economic value creation and value appropriation, and learn the tools to analyze both competition and cooperation from a corporate level perspective, (e.g., through vertical integration, diversification, and geographic scope decisions).
You will:
• Understand how corporations create, capture, and sustain competitive advantage.
• Analyze business situations and create a coherent corporate strategy.
• Understand the fit between corporate strategy and organization structure to improve economic performance.
This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu. -
In this course, you will further examine how businesses create value for customers. In Developing a Winning Marketing Strategy, you learned the major elements of the marketing mix - product policy, channels of distribution, communication, and pricing - and saw how they fit within different analytical frameworks that are useful to managers. In this course, you will complete a more detailed analysis of these elements in order to conduct a thorough strategic analysis of marketing opportunities and to communicate marketing decisions. This will enable you to see “marketing in action” in the business world. You will be able to: • Define all elements of the marketing mix and explain the role each element plays in creating value • Compare different pricing models • Evaluate the use of different channels of distribution by existing businesses • Critique advertising execution • Create a persuasive advertising piece This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.
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In this course, you will learn about the role of operations and how they are connected to other business functions in manufacturing and service-focused organizations. You will learn and practice the use of decision-making frameworks and techniques applicable at all levels, from management-level strategic decisions such as connecting process to the needs of various customer segments, to front-line tactical decisions such as choosing between ordering larger quantities vs. ordering more frequently.
You will be able to:
• Relate underlying principles to operations management frameworks and techniques
• Synthesize information to make strategic operations decisions
• Evaluate processes on different dimensions
• Apply analytical techniques for tactical operations decision
This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/. -
In the Introduction to Finance I: The Basics course, you will be introduced to the basic concepts needed to understand the financial manager’s decision-making process. To achieve that, you will learn about the basic forms a business can take and the goal of the financial manager. You will also learn the fundamentals of financial statements and how to measure a company’s financial health using financial ratios. In addition, you will explore how to allocate capital across time to create value. After learning the course, you should be familiar with major topics in modern finance and communicate with others within and outside of the business world. With a deep understanding of the financial side of the business, you will be in a better position to make informed decisions and plan for the financial future.
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In Introduction to Finance: The Role of Financial Markets, you will be introduced to the basic concepts and skills needed for financial managers to make informed decisions. With an overview of the structure and dynamics of financial markets and commonly used financial instruments, you will get crucial skills to make capital investment decisions. With these skills, you will be ready to understand how to measure returns and risks and establish the relationship between these two. The focus of this course is on basic concepts and skill sets that will have a direct impact on real-world problems in finance. The course will enable you to understand the role of financial markets and the nature of major securities traded in financial markets. Moreover, you will gain insights into how to make use of financial markets to create value under uncertainty.
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