The online M.B.A. program curriculum at St. John’s provides real-world insights, case studies, expert instruction, and research that propel students to future career advancement through the following three-credit courses, including the choice of a concentration.
The online M.B.A. program consists of 36 credits of business courses, including these:
- Core courses: 27 credit hours
- Concentration courses: 9 credit hours
Students will choose one of three concentrations:
- Interdisciplinary Business
- Risk Management and Insurance
ACC 602 Global Financial & Managerial Reporting (3 credit hours)
This course covers the financial and managerial accounting principles and concepts that form the basis of the external and internal reporting by business entities. It employs a case study approach to consider the use of generally accepted accounting principles (GAAP) and Security and Exchange Commission (SEC) reporting and disclosure requirements. Learn how financial information is communicated to management, stockholders, creditors and others interested in the status of the business enterprise.
DS 602 Business Analytics (3 credit hours)
In this course, students are exposed to major business analytics tools useful in business decision making. Topics covered include big data, data warehousing, descriptive statistics, visual analytics, business reporting, regression analysis and model building, forecasting models, data mining, emerging trends and future directions of business analytics. The assigned computer projects will provide extensive practice using computer programs to solve business analytics problems for management decision making.
ECO 606 Industrial Economics (3 credit hours)
Learn how to apply empirical economic analysis to real-world market competition. Centered on the structure/conduct/performance approach of industrial organization, this class allows the student to learn economics by doing economics. It is built around the student’s industry study project, with the student selecting the industry that they currently work in (or hope to work in). Students will do a structure/conduct/performance analysis of the industry they choose, generating a professional-level industry report (in style and substance). Numerous case studies will be used throughout the class to illustrate major concepts in industrial economics and to demonstrate how economics can be applied to understanding industries (that is, the context in which firms compete). Emphasis is placed on developing analytical abilities, information gathering, analysis and presentation skills, as well as on developing an advanced understanding of economic theory and the economy.
FIN 607 Financial Management (3 credit hours)
This course introduces students to elements of managerial finance within an analytical framework. Conceptual and quantitative approaches are used to examine some issues related to investment and financing decisions, and to provide some exposure to other strategic financial decisions made within the corporation. The course will combine theory with practice in its focus on financial decision making.
LAW 600 Law, Ethics, and the Principled Path in Business (3 credit hours)
This course prepares business leaders to use principles embedded in the law as tools for positive, strategic guidance. Through cases, simulations and active learning, students apply principles to make decisions in real life business situations. The course’s goal is to enable future leaders to apply these mission-critical principles to themselves and to the hard decisions they will face throughout their careers.
MKT 600 Decisions in Marketing Management (3 credit hours)
This course focuses on formulating and implementing marketing management strategies and policies. It provides a systemic framework for understanding marketing management and strategy in an ever-changing business environment. Course topics include marketing planning, scanning the environment, growth strategies, understanding and predicting behavior of consumers and competitors, the Internet as a strategic resource, global marketing and more.
RMI 601 Risk Management (3 credit hours)
This course covers the fundamentals of economic and business risk. It also addresses the institutional environment and regulations managing risk, as well as how organizations identify, assess, and measure risk. It results in students who can explain if and how companies and society should manage risk.
MGT 601 Managing for Global Success (3 credit hours)
An advanced seminar course designed to identify and explore contemporary forces of major significance in managing enterprises as they develop and compete within increasingly global and turbulent markets.
MGT 700 Seminar in Business Strategy – Capstone (3 credit hours)
The MBA capstone project entails a complete corporate analysis of a major public firm in which teams of students collaborate on analyzing the firm’s internal and external environments, leading to a written strategic plan and culminating in a final oral presentation. Instruction includes training students on analytic models that are applied to develop a rigorous understanding of the firm and a fact-based approach to justifying recommendations. Professors evaluate students against a 10-item rubric that identifies and explains to students the criteria for demonstrating understanding of the strategic management process.
Risk Management and Insurance Concentration Courses
RMI 609 Survey of Property Liability Insurance and Reinsurance (3 credit hours)
This course focuses on the study of functional areas in insurer operations – underwriting, claims administration, financial reporting and ratemaking – in property liability insurance business. It also results in students who can structure insurance and reinsurance programs to finance risk. Effective enterprise risk management involves a solid understanding of risk sources, possibility and severity of losses, as well as development and implementation of efficient risk management programs. Students are expected to master the general theory and able to deal with average corporate risk management issues, particularly those related to the pure risks businesses face.
RMI 610 Life-Health Insurance and Employee Benefits (3 credit hours)
Life is full of risk and uncertainty. This course reviews basic theory related to life and health insurance, and introduces instruments to prepare for and deal with financial consequences of various risks related to human life. Employee benefits and a brief overview of social insurance system are also covered. Students will understand the various risks related to one’s life and health, and the methods and instruments to handle these risks at the society, business and individual levels.
RMI 661 Trading Risk in the Global Reinsurance Market (3 credit hours)
Market-making operations and analytic structures of the global reinsurance market. While the course develops the concepts that underpin the reinsurance market, the emphasis is on how risk is traded in these markets in practice. Students will learn the language of reinsurance, understand the market-making operations of the reinsurance market, and gain familiarity with the analytic structures of the reinsurance markets.
Taxation Concentration Courses
TAX 605 Internship in Taxation (3 credit hours)
Prerequisite: TAX 603/TAX 610/TAX 635 equivalent. This course provides students with the opportunity to develop tax skills in an actual work setting outside the classroom. A research paper, a journal of accomplishments, and employer evaluations are required.
TAX 610 Individual Tax Planning (3 credit hours)
Prerequisites: None. This course examines how to determine taxable income, including coverage of income, exclusions, deductions, and credits.
TAX 611 Tax Planning for High Net-Worth Individuals (3 credit hours)
Prerequisites: TAX 610/equivalent. This course examines income and estate tax planning for wealthy individuals, dealing with passive activities (tax shelters); the use and limitations of qualified plans; investment planning (asset allocation); life, disability and liability insurance exposures; and retirement and estate planning.
TAX 621 Estates and Gifts (3 credit hours)
Prerequisites: None. Objectives, procedures and techniques relating to estate tax planning and the preparation of trust and estate returns: income taxation of income of fiduciaries, grantors, and beneficiaries; problems under the Federal Gift Tax.
TAX 631 Corporate Distributions, Liquidations and Reorganizations (3 credit hours)
Prerequisites: TAX 603/TAX 635/equivalent. This course provides a study of the tax aspects of corporate-stockholder relationships, tax-free re-organizations, liquidations, parent-subsidiary transactions, and corporate distributions.
TAX 643 State and Local Income Taxation (3 credit hours)
Prerequisites: None. The course examines state and local corporate and individual income taxes and how several selected state tax systems interact with federal taxation systems. It analyzes the nexus of in-state business activity that requires state tax filings, including the general requirements to start a business in a particular state, the financial impact of state income taxation systems on the provision for taxes, and the knowledge necessary to properly comply with interstate filings and interacting federal compliance tax laws. In addition, the student will learn how to deal with the ethical and social issues that regularly confront taxpayers in interstate commerce transactions.
TAX 651 International Taxation I (3 credit hours)
Prerequisite: TAX 603/TAX 635/equivalent. This course analyzes the impact of the U.S. tax system in two areas: (a) U.S. persons investing or operating abroad, and (b) foreign persons investing or operating in the United States. Topics include source rules for income and deductions, definitions of U.S. and foreign persons, an introduction to outbound international taxation, and controlled foreign corporation provisions.
TAX 653 Global Taxation Systems (3 credit hours)
Prerequisite: TAX 603/TAX 635/equivalent. This course analyzes taxation models and methods used to finance government expenditures. Taxation systems studied include income taxes, such as the current federal, state, and local income taxes and flat and gross income taxes; consumption taxes such as sales, use, excise, and a variety of other transaction taxes; transfer taxes such as estate, gift, and inheritance taxes; value-added taxes; and property taxes.
TAX 654 Transfer Pricing (3 credit hours)
Prerequisite: TAX 603/TAX 635/TAX 655/equivalent. This course analyzes the complexities of transfer pricing by focusing on the impact of both the U.S. and the OECD transfer pricing systems among related entities. Transfer pricing is the valuation of domestic and cross-border transactions between units of a multinational enterprise (MNE). Topics include: the arm’s length standard, the U.S. and OECD rules and procedures, and transfer pricing audits.
TAX 662 Real Estate (3 credit hours)
Prerequisite or Co-requisite: TAX 610/equivalent. This course examines the tax issues and planning opportunities encountered in the acquisition, operation, and disposition of real property.
TAX 663 Financial Products (3 credit hours)
Prerequisite or Co-requisite: TAX 610/equivalent. This course examines the tax issues relating to financial products, including debt and equity securities, mortgage-backed securities, derivatives, and foreign exchange contracts.
TAX 681 Tax Accounting (3 credit hours)
Prerequisite: TAX 603/TAX 610/TAX 635/equivalent. This course examines the difference between the government rules required to compute tax liability and those required by the accounting profession to reflect the financial condition of a business.
TAX 683 Practice and Procedure (3 credit hours)
Prerequisite: TAX 603/TAX 610/TAX 635/equivalent. This course examines the procedures to resolve disagreements—both pre- and post-audit—with the Internal Revenue Service.
Students selecting the Interdisciplinary Business concentration will have the opportunity to choose from electives across multiple business disciplines, including courses in accounting, business analytics, computer information systems, enterprise risk management, executive management, finance, international business, investment management, marketing management, risk management and insurance, and taxation. (Subject to availability.)
Advance your career with an M.B.A. from St. John’s University. Contact us at 844-393-1677 or Request More Information today!