Introduction to the Master of Science in Business Program at UMPI
The Master of Science in Business (MSB) program at the University of Maine at Presque Isle (UMPI) is a dynamic and comprehensive graduate program designed to equip future business leaders with the knowledge, skills, and expertise necessary to excel in today’s complex and competitive global marketplace.
Key Features of the MSB Program:
- Core Competencies Across Business Disciplines
The program provides a robust foundation in essential business areas, including strategic management, financial analysis, marketing strategies, organizational behavior, operations management, and business ethics. These core competencies are designed to develop well-rounded business professionals ready to address diverse challenges across industries. - Specialized Concentrations for Targeted Expertise
In addition to the core curriculum, the MSB program offers a range of concentrations that allow students to tailor their learning to specific career aspirations. These concentrations include:- Business Intelligence
- Finance
- Supply Chain Management
- Communication Management
- Entrepreneurship
- Corporate Social Responsibility
- Global Business Management
- Healthcare Management
- Human Resource Management
- Project Management
- Career-Ready Focus
The MSB program emphasizes practical application, ensuring students can integrate theoretical knowledge with real-world business practices. Graduates emerge as adaptive leaders, capable of strategic decision-making and problem-solving in rapidly changing environments. - Accessibility and Flexibility
UMPI's MSB program is structured to accommodate working professionals, offering flexible schedules and support tailored to their needs. This approach ensures that students can balance their studies with career and personal responsibilities while advancing their expertise. - Commitment to Innovation and Ethics
Beyond technical skills, the MSB program instills a strong sense of ethical leadership and social responsibility, empowering students to lead with integrity and purpose.
Preparing Future Leaders
UMPI’s MSB program stands as a testament to the university’s commitment to academic excellence and professional development. By fostering innovation, critical thinking, and a deep understanding of the evolving business landscape, the program prepares graduates to lead and succeed in a diverse and interconnected world.
Jerry's List
Core Business Courses
- Strategic Leadership
- Corporate Strategy
- Change Management and Organizational Adaptation
- Entrepreneurial Strategy and Innovation
- Global Business Strategy
- Talent Management and Acquisition
- Strategic Human Resource Management
- Employee Development and Training
- Performance Management and Appraisal
- Organizational Change and Development
Curriculum
Core Business Competencies
All students enrolled in the MSB program will complete a comprehensive core curriculum designed to build foundational expertise across key business disciplines, including:
- Strategic Management
- Financial Analysis
- Marketing Strategies
- Organizational Behavior
- Operations Management
- Business Ethics
Specialized Concentrations
Beyond the core curriculum, students have the opportunity to specialize by selecting one of the following concentrations, each tailored to develop targeted skills and industry-specific knowledge:
- Business Intelligence
- Finance
- Supply Chain Management
- Communication Management
- Entrepreneurship
- Corporate Social Responsibility
- Global Business Management
- Healthcare Management
- Human Resource Management
- Project Management
These options allow students to tailor their education to align with their career aspirations and industry demands.
MSB Concentrations: Tailored Expertise for Future Business Leaders
MSB-BI: Business Intelligence Concentration
Designed for traditional business leaders looking to enhance their analytical skills, the Business Intelligence (BI) Concentration offers foundational insights into AI applications for business. This concentration is particularly suited for individuals without an IT background, providing an accessible introduction to AI integration in business settings. With a focus on advanced business analytics tools and systems, the BI Concentration bridges the gap between traditional business education and cutting-edge data-driven decision-making, empowering leaders to thrive in a digital economy.
MSB-Fin: Finance Concentration
The Finance Concentration equips professionals with advanced skills in financial management, risk analysis, and investment strategies. This program focuses on sustainable financial decision-making, preparing graduates to address the complexities of modern financial landscapes and drive organizational success through sound financial practices.
MSB-SCM: Supply Chain Management Concentration
The Supply Chain Management (SCM) Concentration is ideal for professionals aiming to optimize supply chain operations. This program delivers comprehensive knowledge of logistics, supplier relationships, and sustainable practices, enabling graduates to enhance efficiency, reduce costs, and manage global supply chains strategically.
MSB-Com: Communication Concentration
The Communication Concentration emphasizes strategic business communication, digital marketing, crisis communication, and cross-cultural communication. Designed for individuals seeking to excel in business-related communication roles, this program prepares graduates to lead effective communication strategies in diverse organizational settings.
MSB-Ent: Entrepreneurship Concentration
Tailored for aspiring entrepreneurs and leaders of entrepreneurial initiatives, the Entrepreneurship Concentration focuses on entrepreneurial strategy, startup financing, lean methodology, marketing, leadership, and scaling ventures. This program equips students with the skills and knowledge to launch and sustain successful entrepreneurial projects.
MSB-CSR: Corporate Social Responsibility Concentration
For individuals dedicated to embedding sustainability and social responsibility into business operations, the Corporate Social Responsibility (CSR) Concentration offers courses in ethical leadership, sustainable practices, impact investing, green marketing, and environmental reporting. This program enables graduates to lead initiatives that create positive social and environmental impacts while maintaining financial viability.
MSB-GBM: Global Business Management Concentration
The Global Business Management (GBM) Concentration provides the expertise needed to navigate the complexities of international business. Students delve into global market dynamics, cross-cultural management, and the challenges of conducting business on a global scale, preparing them for success in the international arena.
MSB-HCM: Healthcare Management Concentration
The Healthcare Management (HCM) Concentration is tailored for professionals advancing their careers in the healthcare industry. It provides critical insights into healthcare policy, financial management, and the strategic operation of healthcare organizations, equipping students with the tools needed for leadership in this vital sector.
MSB-HRM: Human Resource Management Concentration
The Human Resource Management (HRM) Concentration focuses on developing expertise in talent acquisition, employee development, and strategic HR management. It is ideal for individuals seeking to enhance their impact and advance their careers in the field of human resources.
MSB-PM: Project Management Concentration
The Project Management (PM) Concentration prepares students for leadership roles in project management across industries. It emphasizes planning, execution, and monitoring, equipping graduates with the skills to successfully manage projects of varying complexity.
These tailored MSB concentrations provide future business leaders with specialized skills to excel in their chosen fields, ensuring career readiness in today’s dynamic and competitive markets.
Program Learning Outcomes
Upon successful completion of the program, graduates will demonstrate the following competencies:
PLO #1 - Effective Leadership and Management
Graduates will possess robust leadership and management skills, capable of inspiring teams, fostering innovation, and driving performance to achieve business objectives within dynamic and diverse organizational environments.
PLO #2 - Strategic Business Acumen
Graduates will have a deep understanding of strategic business management, including change management, financial analysis, competitive positioning, and strategic decision-making, enabling them to drive organizational success and sustainable growth.
PLO #3 - Data-Informed Decision-Making
Graduates will be adept at gathering, analyzing, and interpreting data, using relevant tools and technologies to make strategic decisions that enhance organizational performance and effectiveness.
PLO #4 - Effective Communication and Stakeholder Engagement
Graduates will excel in conveying complex ideas and insights to diverse stakeholders, fostering collaboration, alignment, and meaningful dialogue to achieve organizational goals.
PLO #5 - Innovation and Continuous Improvement
Graduates will promote a culture of innovation and continuous improvement, applying creative problem-solving and strategic thinking to enhance organizational agility, resilience, and competitive advantage.
PLO #6 - Ethical Leadership and Social Responsibility
Graduates will exhibit ethical leadership and a commitment to corporate social responsibility, integrating ethical principles and sustainability into business practices to foster positive social and environmental impact.
Core Business Courses
- Managerial Accounting and Finance
- Strategic Leadership
- Corporate Strategy
- Business Analytics and Decision Support Systems
- Sustainability, Ethics, and Corporate Social Responsibility
- Change Management and Organizational Adaptation
Business Intelligence Concentration
- Introduction to Business Intelligence
- Data Warehousing and ETL Processes
- Advanced Data Analytics for Business
- Business Intelligence Tools and Technologies
- Business Data Security and Privacy
- BI Governance and Compliance
Finance Concentration
- Advanced Financial Analysis
- Investment Management Strategies
- Financial Risk Management
- Corporate Finance and Capital Budgeting
- International Finance and Global Markets
- Financial Technology and Innovation
Supply Chain Management Concentration
- Strategic Supply Chain Management
- Logistics and Distribution Management
- Supplier Relationship Management
- Demand Forecasting and Planning
- Sustainable Supply Chain Practices
- Advanced Technology in Supply Chain
Communication Concentration
- Strategic Business Communication
- Digital and Social Media Marketing
- Crisis Communication and Management
- Cross-Cultural Communication in Business
- Internal Communication Strategies
- Business Presentation and Public Speaking
Entrepreneurship Concentration
- Entrepreneurial Strategy and Innovation
- Startup Financing and Funding
- Lean Startup Methodology
- Marketing and Branding for Entrepreneurs
- Entrepreneurial Leadership and Team Building
- Scaling and Managing Growth
Corporate Social Responsibility Concentration
- Sustainable Business Practices
- Corporate Social Responsibility Strategies
- Ethical Leadership in Business
- Impact Investing and Social Finance
- Green Marketing and Sustainable Branding
- Social and Environmental Reporting
Global Business Management Concentration
- Global Business Strategy
- Global Marketing
- Cross-Cultural Leadership
- Global Financial Management
- Legal and Ethical Issues in Global Business
- Global Supply Chain Management
Healthcare Management Concentration
- Healthcare Policy and Regulation
- Healthcare Finance and Economics
- Strategic Management in Healthcare
- Healthcare Quality and Patient Safety
- Health Information Systems and Technology
- Ethical Issues in Healthcare Management
Human Resource Management Concentration
- Talent Management and Acquisition
- Strategic Human Resource Management
- Employee Development and Training
- Performance Management and Appraisal
- Employment Law and Ethics
- Organizational Change and Development
Project Management Concentration
- Project Planning and Scheduling
- Project Execution and Monitoring
- Project Leadership and Team Management
- Project Risk Management
- Agile Project Management
- Project Closure and Evaluation
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2024.11.13: Initially Archive
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