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Course Criteria
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3.00 Credits
Credits: 3 Deals with management of R&D in corporations and outside funding agencies. Management of R&D project portfolio; third and fourth generation R&D management practices; and climate for R&D funding, including government policy from perspective of firms and institutions receiving funding, and the agencies funding projects. Studies corporate, institutional, and governmental perspectives. Prerequisites Admission to MSBM program, or permission of instructor. Hours of Lecture or Seminar per week 3 Hours of Lab or Studio per week 0
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3.00 Credits
Credits: 3 Focuses on project scheduling, time-cost trade-offs, budgeting, cost control, and project monitoring. Emphasizes cost-management aspects of projects in bioscience industries. Uses software, case studies. Prerequisites Completion of bioscience management core requirements, or permission of instructor. Hours of Lecture or Seminar per week 3 Hours of Lab or Studio per week 0
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3.00 Credits
Credits: 3 Develops knowledge of status of bioscience and bioinformatics industry and its companies and segments. Students analyze bioscience companies using Porter's Five Forces Model, examine industry segments, and create electronic database with their findings and analysis. Prerequisites Admission to MSBM program, or permission of instructor. Hours of Lecture or Seminar per week 3 Hours of Lab or Studio per week 0
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3.00 Credits
Credits: 3 Teams undertake strategic evaluation and plan for bioscience-driven business initiatives. Teams present their results, including analysis of competitive forces and the value chain; recommendations including changes in goals and organizational design; plan of action integrating marketing, human resource development, organizational theory, finance, and bioscience product research and development; and implementation plan using theories of communication and change management, to include business case and business plan. Prerequisites Admission to MSBM program, or permission of instructor. Hours of Lecture or Seminar per week 3 Hours of Lab or Studio per week 0
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3.00 Credits
Credits: 3 Explores best practices in product development in the life sciences (bioinformatics, bioscience, genomics, biotechnology, and pharmaceutical). Students analyze practices in terms of gaining competitive advantage in an industry where new technologies and economic models for products are constantly being developed. Life science projects and product development efforts categorized and analyzed to develop and maintain the most favorable project or product asset portfolio to successfully carry out business goals and strategies. Analyzes effect of bioscience project investments on organization's financial worth and performance, and bioscience industry segments and companies from perspective of choosing appropriate partnerships. Prerequisites Admission to MSBM program, or permission of instructor. Hours of Lecture or Seminar per week 3 Hours of Lab or Studio per week 0
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3.00 Credits
Credits: 3 Students spend a week in an international residency under faculty leadership. Primary focus is dealing with globalization of the life science industries, international markets for life science products and global developments in R&D, virtual global organization, and project management across cultures. Features corporate site visits, and presentations by professors from international universities and practitioners. Prerequisites Admission to MSBM program, or permission of instructor. Hours of Lecture or Seminar per week 3 Hours of Lab or Studio per week 0
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3.00 Credits
Credits: 3 Focuses on using basic concepts of accounting and financial management to make investment, credit, and operating decisions for an organization. Emphasizes financial reports to aid planning and control of organizational activities. Prerequisites Completion of 30 credits (sophomore standing) Notes May not be taken for credit by SOM majors. Students who have received credit for both ACCT 203 and FNAN 301 cannot also receive credit for MSOM 300. Hours of Lecture or Seminar per week 3 Hours of Lab or Studio per week 0
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3.00 Credits
Credits: 3 Introduces key issues in management, organizational behavior, and human resource management. Special attention to best practices used by effective managers. Prerequisites Completion of 30 credits (sophomore standing) Notes May not be taken for credit by SOM majors. Students cannot receive credit for both MGMT 301 and MSOM 301. Hours of Lecture or Seminar per week 3 Hours of Lab or Studio per week 0
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3.00 Credits
Credits: 3 Provides overview of strategic role of information, need for information systems, organizing information, integration of information systems in management processes and decision making, and related discussions in electronic commerce. Prerequisites Completion of 30 credits (sophomore standing) Notes May not be taken for credit by SOM majors. Students cannot receive credit for both MIS 301 and MSOM 302. Hours of Lecture or Seminar per week 3 Hours of Lab or Studio per week 0
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3.00 Credits
Credits: 3 Presents marketing principles, concepts, strategies, and analytical tools used by profit and nonprofit organizations to market ideas, products, and services to selected target groups. Emphasizes how to develop, promote, distribute, and price firm's offerings in dynamic economic, social, political, and global environment. Prerequisites Completion of 30 credits (sophomore standing) Notes May not be taken for credit by SOM majors. Students cannot receive credit for both MKTG 301 and MSOM 303. Hours of Lecture or Seminar per week 3 Hours of Lab or Studio per week 0
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