Business Administration – (MBA)

Contents

Required courses

MNGT 5590 Organizational Behavior

This course introduces students to many of the basic principles of human behavior that effective managers use when managing individuals and groups in organizations. These include theories relating to individual differences in abilities and attitude, attribution, motivation, group dynamics, power and politics, leadership, conflict resolution, organizational culture, and organizational structure and design.

MRKT 5000 Marketing

Students examine the character and importance of the marketing process, its essential functions, and the institutions exercising these functions. Course content focuses on the major policies that underlie the activities of marketing institutions and the social, economic, and political implications of such policies.

FINC 5000 Finance

Examines the general nature of financial management, the global financial system, taxes, present value, capital budgeting, risk, asset pricing, financial analysis, forecasting, financial decisions, market efficiency and capital structure.

FINC 5880 Advanced Corporate Finance

Examines advanced topics such as the cost of funds, capital structure, valuation, leasing, mergers, takeovers, business failure, reorganization and liquidation.

BUSN 6110 Operations and Project Management

Examines qualitative and quantitative methods and theories in the management of business operations and production systems for goods and services. Focus is on how to couple production strategy of a firm to its corporate strategy.

BUSN 5760 Applied Business Statistics

Examines the application of statistical analysis in business decision-making. Descriptive statistics, forecasting, probabilistic models, sampling, statistical inference and regression analysis are included. Emphasis is on building models and applying them to decision-making.

BUSN 6070 Management Accounting

Examines advanced topics in management accounting as these relate to management information needs for planning, control, and decision making.

BUSN 6120 Managerial Economics

Focuses on the application of microeconomic theory as applied to the manager's responsibilities within the organization.

BUSN 6200 Strategy and Competition

Examines the conceptual and practical aspects of business policies and policy decision-making by utilizing all the concepts, theories, and models developed in previous MBA courses. Particular focus is given to the analysis of the business environment, SBU's, resource allocation, business strategies and evaluation methods.

Elective courses

The following courses are examples of elective courses.

MNGT 5870 Issues in Management: Emotional Intelligence

This course takes an experiential approach to understanding emotional literacy in leaders. Each student is required to chart their own emotional growth during the class and to submit a progress report analyzing their personal and professional development at the end of the term. In addition, students, in small groups, will summarize/apply major sections of the course material and submit their summaries/applications in both written and oral formats. Homework and written exercises will be assigned throughout the course. Class participation, including student performance on in-class exercises, role-plays, class discussion, etc. will be assessed throughout the term.

MNGT 5870 Issues in Management: Recognizing New Business Opportunities

This is an experiential, project-focused course: Student teams will complete a Customer-Driven Feasibility Study based on an original idea for a new business. Students will have the opportunity to work on their own new business idea or to work with a team partner to develop his or hers.
A Customer-Driven Feasibility Study (CDFS) is what students, entrepreneurs, and executives should do before writing a business plan for a new venture or new product launch. Knowing how to build a CDFS will also benefit start-up managers who need to re-tool their business model by answering the critical question: Is there a target market we can enter where we can offer the customer clear and compelling benefits at a price he or she (or it) is willing to pay?
The CDFS will be each team’s final deliverable and the primary feature of the course. Student teams will develop it progressively and systematically, using an approach that integrates theoretical, practical, experiential, and field-based learning as they go along.

MNGT 5870 Issues in Management: Project Management

The course addresses international management issues as well as specific project management topics. It will cover the entire range of project management from the early stages of strategy formulation, strategic planning, through project definition and scheduling, to project change control and close out.
Emphasis will be given to the application of theory (methodologies and approaches) to the specific needs of NGOs.

MNGT 5870 Issues in Management: Organizational Innovation, Exploring the New Innovation Landscape

Organizational Innovation in this course is considered as the capacity of an organization to co-evolve with the external environment, i.e. to respond to changes in the external environment, but also to influence and shape it. With the accelerating rate of change of the environment and new technological developments, particular in the ICT sector and globalization, innovation is becoming ever more important for survival and growth of an organization. The subject will be approached by viewing reality in two different ways, viz. a conventional (‘mechanistic’) perspective and the so-called complexity perspective, which is based on the theory of Complex Adaptive Systems (CAS). This course will cover the full spectrum of the innovation landscape ranging from Closed to Open innovation, Incremental to Radical innovation and Sustained to Disruptive innovation. It will also discuss implications of the business model for different types of innovation. Examples of real companies will be used to illustrate the principles and characteristics of different types of innovation. The course will also address the innovation process and how to create the innovative organization.
Students will we be challenged to explore the innovation landscape, including the new trends in innovation, like: open(-source) innovation and crowd sourcing, by searching the internet, examining innovation practices in their own organizations and synergistic interactions in class.

MNGT 5870 Issues in Management: Principles of Negotiation

The fundamentals of effectively negotiating in all situations will be discussed and practiced using role-playing techniques. A review of traditional negotiating techniques and the varying personalities which come into play will be discussed, followed by a more intensive focus on the concept of principled negotiation.

Prerequisite Courses

Candidates without prior university-level coursework in business, accounting and economics may be required to follow one or more of the following courses during the first year of their MBA program. Prerequisite courses are offered mostly online and take one term to complete.

BUSN 5000 Business

This course is designed to provide a foundation in such general business concepts as economics, finance, accounting, business law, marketing, and other business systems.

BUSN 5600 Accounting Theory and Practice

Students examine the accounting function and its role in modern business.Basic accounting theory and principles are examined, and some of the more important contemporary accounting developments are reviewed. Case studies are analyzed with an emphasis on situations from the students' own work experiences. This course is designed for consumers as opposed to producers of accounting.

BUSN 5620 Current Economic Analysis

Accreditation

Webster University is accredited by The Higher Learning Commission and is a member of the North Central Association, 312-263-0456, www.ncahlc.org.
The accreditation, which was awarded in 1925, includes undergraduate and graduate levels at all locations where the University offers programs.

Funding details

Several scholarships are available for students studying at both the graduate and undergraduate level at Webster University in The Netherlands. Scholarships run for a maximum of one Academic Year (Summer - Spring 2). If application is awarded part way through an Academic Year then it will run until the end of that Academic Year and be renewable from the beginning of the following Academic Year.

Gateway Scholarship, sponsored by the Holland-America Friendship Foundation

For New Undergraduate and Graduate Students This scholarship is offered to new, motivated fulltime students applying for any of the undergraduate or graduate programs offered at our Leiden and/or Amsterdam locations. The award is normally 15% of total full-time tuition. If you are motivated to work 10 hours a week at the University, you can increase your scholarship to 25% of the full-time tuition. To be eligible, students must have been fully admitted to study at Webster University and show evidence of academic excellence (GPA 3.5 or equivalent) as well as leadership potential and promise for future studies.

For the Gateway application form and terms, please see the attachments on the lefthand side.

Application deadline: June 1 for applicants wishing to start in Fall; November 1 for those wishing to start in Spring or Summer.

Mayflower Scholarship

For Current Webster Graduate and Undergraduate Students The Mayflower Scholarship can be awarded to undergraduate or graduate students currently registered at Webster Leiden. This competitive scholarship is based upon academic merit and is normally renewable at the end of the scholarship period (end of Spring 2). if the awardee maintains continuous full-time enrollment at Webster Leiden and meets or exceeds the required cumulative grade point average of 3.5. The scholarship award is up to 25% of tuition costs (15% base and an additional 10% if you are willing to work extra hours at the University).

Application Requirements: Scholarship consideration occurs after having obtained at least 30 credits (undergrad) or 6 credits (graduate) at Webster Leiden.
For the Mayflower application form and terms, please see the attachments on the lefthand side.

Application deadline: June 1 for Fall scholarships; November 1 for Spring or Summer scholarships.

Webster Study Grants

For new and current Graduate and Undergraduate students Students who do not meet with the GPA requirement for scholarships but who are in financial hardship, may qualify for a Webster Study Grant. This needs-based grant normally requires a GPA of 3.3, but exceptions may be made at the discretion of the Scholarship Committee. However it should be borne in mind that also these grants are competitive.
For the Study Grant application form and terms, please see the attachments on the lefthand side.

Sverdrup International Scholarship

For study at a Webster Campus in the USA The Sverdrup fund was established as an endowed fund to promote and advance international awareness among the students and faculty of Webster University. Each year Webster University awards a number of students from campuses in Europe with scholarships for study at a Webster campus in the United States. The minimum award is 250.00.

Students who are planning a permanent transfer to St Louis are not eligible to apply.

The Sverdrup Scholarship can be used in conjunction with a WWWTP award.
For any student awarded a Sverdrup Scholarship, the amount of their award will be applied to their account as a credit for the specific term(s) they will be studying in the U.S. The funds are automatically applied toward any outstanding tuition, fees, etc. on the student's account. Once they have a zero balance, any amount remaining will be refunded to the students.

For the Sverdrup application form and terms for 2010/2011, please see the attachments on the lefthand side.

Chris Devries Memorial Scholarship

This scholarship honors the memory of Chris Devries, advisory board member 2002 - 2008 who enjoyed meeting students, helping them learn how to network and build relationships, and stimulated students with potential to achieve greatness. Scholarships will be targeted towards students from disadvantaged backgrounds who show potential for leadership as seen by specific activities highlighted in the application. Academic standards still apply (minimum GPA = 3.3 or if above age 30 with a lower GPA exceptions may be made following their first 6 credits earned at Webster).

Please contact your Academic Advisor if you think you are eligible for this scholarship.

Len Even Award for Excellence in Entrepreneurship

A scholarship fostering the spirit of entrepreneurship in current Webster students from all majors. The award to the value of maximum € 5000 will be shared by one graduate and one undergraduate student each year based on their best proposal or business plan, to be applied as free tuition for a course in entrepreneurship and/or an internship placement or special 1:1 project supervised by an expert, to achieve the realization of their business idea. Applications for 2011 are open until 1 February, presentations will be made at the annual degree ceremony in May. Non-business majors (e.g. media, ngo-management, social entrepreneurship) are also encouraged to apply, see your study advisor for details.

More scholarship possibilities:

NUFFIC