Michigan Ross iMpact

Leading in Thought & Action

Core Course Requirements - MM

To fulfill MM degree requirements, students must successfully complete 30.75 credits: 24.75 credits of core courses and 6.0 credits of approved elective courses. Students enter the program in August and should complete their degree at the close of the Winter term (late-April or early-May). 

A program layout is included below, with blue boxes representing 2.25-credit core classes and purple boxes representing 1.5-credit core classes.

Core Course Descriptions:

ACC 557 - Evaluating Financial Performance (2.25 cr, Summer):

This course introduces basic concepts and methods used in the preparation, interpretation and analysis of corporate financial statements as a source of information for investors and other interested stakeholders.  The major objective is to understand the structure, relevance and information content of the basic financial statements - balance, sheet, income statement and statement of cash flows - from the user's perspective.  The course emphasizes analysis of cases and actual financial reports and concerns the applications of the basic concepts and methods of financial accounting to issues such as case flows versus accruals, receivables and revenue recognition, inventory, capital assets, intellectual property, debt securities, corporate ownership, and deferred taxes. Consideration is given to financial statements prepared both under U.S. GAAP and International Financial Reporting Standards.

ACC 558 - Cost Measurement & Control (2.25 cr, Winter)

This course is concerned with the use of accounting data inside the organization to assist in decision making, planning and control, and evaluating performance.

BCOM 557 - Business Communication for Managers (1.5 cr, Winter)

This course introduces and refines managerial communication skills as students prepare for management positions in a wide variety of fields.  Writing for business and presenting professionally are both stressed.  Topics include informational, persuasive, and relational communication as well as communication context.  Readings, case studies, discussion, and a combination of group and individual assignments support the learning objectives.

BE 557 - Applied Microeconomics (2.25 cr, Fall)

This course provides students with the foundations of microeconomic analysis.  The primary objective is to develop the abilities of students to apply fundamental microeconomic concepts to a wide range of managerial decisions, as well as public policy issues.

BL 557 - Legal and Ethical Environment of Business (1.5 cr, Winter)

This course focuses on the role of law in positive leadership and organizational success.  The course has two main goals: (1) to develop legally and ethically savvy leaders who are able to achieve career success by understanding the legal aspects of their business responsibilities and (2) to show how organizations can achieve competitive advantage by reducing legal risk and using the law to create economic value, while also encouraging responsible conduct. 
More specifically, the course offers an examination of legal and ethical issues that every businessperson should understand to make sound business decisions in a global environment.  It provides an overview of the legal system, the nature and uses of law, ethical decision-making frameworks, contract law, torts and the law of product liability, criminal law, the regulatory environment, intellectual property, and employment law.

FIN 557 - Financial Management (2.25 cr, Summer)
 

This course is an introduction to the principles of financial decision-making.  Topics include (i) Present value, focusing on valuation of projects and financial securities; (ii) Portfolio theory and the CAPM, which highlight the risk-return trade-off; (iii) Determining the cost of capital for a project; (iv) Principles of capital structure.

MKT 557 - Marketing Management (2.25 cr, Summer)

Marketing management is a complex business function which requires both knowledge and skill in strategy formulation and implementation.  It necessitates a systematic and disciplined approach, which employs the appropriate selection of tools, analyses, and logical reasoning.  The purpose of this course, therefore, is to provide you with a broad knowledge of the core marketing concepts; opportunities to apply these marketing concepts in a variety of organizational contexts; a systematic and disciplined approach to marketing management; knowledge of, and the ability to select from a variety of marketing tools; opportunities to exercise your analytical skills and logical reasoning.

MO 557 - Positive Leadership and Organizing (2.25 cr, Fall)

This is a course on how to thrive at work:  identifying and playing to your strengths, creating a vision of success, relating to others, and leading groups in which people thrive and perform at their best.  It is based on Positive Organizational Scholarship, a well-established field that originated at Ross.

STRATEGY 557 - Strategy (2.25 cr, Fall)

Adopting the perspective of the firm's leader, this course focuses on how to create and sustain superior organizational performance.  Competitor and market assessment, capability analyses, growth and innovation are all addressed.  This integrative course builds on prior MM courses in order to learn how to think, act and lead strategically.

STRATEGY 558 - World Economy (1.5 cr, Winter)

This course examines how firms' strategic options and competitiveness are influenced by features of the global competitive landscape, including exchange rate movements, location-specific competitive advantage, and non-market institutions.  It further addresses how companies make sourcing, production and distribution decisions in a global context, and how these decisions themselves shape globalization.

TO 557 - Applied Business Statistics & Analytics (2.25 cr, Fall)

Many business problems are too complex to rely on intuition alone to guide tactical and strategic decisions.  This course covers probability, statistics, simulation, regression, and other predictive prescriptive analytic tools that enable managers to analyze business data and generate critical insights for managerial decisions.

TO 558 - Operations Management (2.25 cr, Winter)

Transformation processes create all value in society.  This course provides a framework for systematically examining, understanding, and optimizing such processes.  Through a mixture of lectures, case discussions, and hands-on simulations you will learn tools and approaches that are critical for success in a wide variety of service and production settings.

Approved Electives:
(Please note that certain electives are offered only in the Fall or Winter term. Please refer to the registration information page for the Fall electives offered.)