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Core Curriculum and Majors
MBA Academic Affairs, August 8, 2017
What do I need to earn my Wharton MBA?
2
Quarter Quarter
Semester
0.5CU
1.0CU
0.5CUCredit Units
2-years’ tuition = 21CUs
Master’s Degree= 19CUs
Academic Affairs
The Fixed CoreMBA Curriculum
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Your First Year (an example)
4
Fall Spring
August Quarter 1 Quarter 2 Quarter 3 Quarter 4
MGMT610Foundations of Teamwork and
Leadership
MKTG611Marketing
Management
MGEC611Microeconomics for
Managers
STAT613 Regression Analysis for Business
Flex Core/Elective
Flex Core/Elective
Flex Core/Elective
MGEC612Microeconomics for
Managers
Flex Core/Elective
Flex Core/Elective
Flex Core/Elective
Flex Core/Electiveor
WHCP 612 or WHCP 615
(.25 cu)
WHCP 612 or WHCP 615
(.25 cu)or
WHCP 611/620Management
Comm/ Writing Requirement
(.25cu)
WHCP 611/620 Management
Comm/ Writing Requirement
(.25cu)
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MANAGEMENT
MGMT610: Foundations of Teamwork & Leadership 0.5 CU August
from the MGMT610: Foundations of Teamwork & Leadership syllabus…
This course focuses on developing your knowledge and skill set for teamwork and leadership. The course is meant to be an intense immersion experience that draws strongly on the pedagogy of the ‘Wharton Teamwork and Leadership Simulation,” a team-based, highly interactive simulation that was custom-designed and written by Wharton faculty for Wharton students specifically to allow you to experience the core concepts that you will learn in this class.
The 3 goals of this course are for you to learn about:• Leadership behaviors: how to enact the skills that contribute to a team’s effective performance• Team dynamics: how to be an effective team member, as well as how to best design work teams• Organizational awareness: understanding organizational change and culture
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MARKETING
MKTG611: Marketing Management 0.5 CU Q1: Fall
The first-quarter marketing course (MKTG 611) has two main objectives:
• First, to help you develop an understanding of how organizations can benefit from creating and delivering superior value to their customers and stakeholders.
• Second, to learn skills in applying analytic perspectives, decision tools and frameworks so you can build a disciplined approach to the analysis of business situations and develop successful marketing plans.
from the MKTG611: Marketing Management syllabus…
This course addresses the management challenge of designing and implementing the best combination of marketing actions to carry out a firm’s strategy in its target markets. Specifically, the course seeks to develop your skills in applying the analytic perspectives, decision tools, and concepts of marketing to business decisions.
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MICROECONOMICS FOR MANAGERS
MGEC611: Microeconomics for Managers 0.5 CU Q1: Fall
MGEC612: Microeconomics for Managers(Advanced) 0.5 CU Q2: Fall
Topics covered in MGEC611 and MGEC612 include:• Market demand• Equilibrium and Elasticity• Government Interventions: Taxes and other
Regulation• Production and Supply Curves• Producing in Perfectly Competitive Industries• Producing with Market Power: Monopoly• Pricing in Vertical Markets
• Simultaneous Move Games• Sequential and Repeated Games• Repeated and Infinite Game• Bidding and Selling in Auctions
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STATISTICS
STAT613: Regression Analysis for Business 1.0 CU Fall
or
STAT621: Accelerated Regression Analysis for Business 0.5 CU Q1: Fall
from the STAT613: Regression Analysis for Business syllabus…
This course provides the fundamental methods of statistical analysis, the art and science if extracting information from data. The course will begin with a focus on the basic elements of exploratory data analysis, probability theory and statistic inference. With this as a foundation, it will proceed to explore the use of the key statistical methodology known as regression analysis for solving business problems. These methods and their application will reappear in many other MBA classes and are part of the basic “tool kit” expected of all MBAs in their careers.
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COMMUNICATIONS
WHCP611: Management Communication 0.25CU Q1 or Q2: Fall
WHCP620: Writing Requirement 0.0 CU Q1 or Q2: Fall
The Writing Requirement is a requirement for graduation and cannot be waived. It responds to:
• Wharton Alumni: Effective writing was a key contributor to career success.
• Recruiters: Among MBAs, the ability to write well is one of the least common, but most valued skills sought by employers.
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Next Steps:• An email from the Office of Academic Affairs during pre-term will
direct you to a link to begin the writing requirement.
• The email’s subject line will read: Wharton Writing Requirement: How to Begin
• First assignment due Monday, August 17th @ 11:59pm.
• Questions: Brennan Maier: [email protected]
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Check in for:STAT 613/621
MKTG 611MGEC 611MGEC 612:
WHARTON CONNECT APP
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Click on the drop down menu to select your reason for absence.• Personal Illness and
Personal or Family Emergency require no further explanation and are deemed excused.
• Religious Observance, Wharton Connect App Issue & Other require a typed explanation and are not automatically deemed excused.
HOW TO RESPOND TO ABSENCES:
The Flexible CoreMBA Curriculum
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ACCOUNTING
ACCT 611: Financial Accounting 1.0 CU Fall
ACCT 612: Accelerated Financial Accounting 0.5 CU Q1: Fall
ACCT 613: Financial and Managerial Accounting 1.0 CU Fall or Spring
Requirement: Complete one (1) of these courses. from an ACCT611 syllabus…The course begins with an overview of the procedures necessary to prepare and understand the balance sheet, income statement and statement of cash flows. The remainder of the course examines the accounting for the most common and significant transactions of a firm…
from an ACCT613 syllabus……the course also introduces elements of managerial accounting and emphasizes the development and use of accounting information for internal decisions.
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FINANCE: CORPORATE FINANCE
FNCE 611: Corporate Finance 1.0 CU Fall or Spring
FNCE 612: Accelerated Corporate Finance 0.5 CU Q1: Fall
FNCE 614: Introduction to Corporate Finance 0.5 CU Q3: Spring
Requirement: Complete one (1) of these courses. FNCE 611 serves as an introduction to business finance (corporate financial management and investments) for both non-majors and majors preparing for upper-level course work. The primary objective is to provide the framework, concepts, and tools for analyzing financial decisions based on fundamental principles of modern financial theory. The approach is rigorous and analytical. Topics covered include discounted cash flow techniques; corporate capital budgeting and valuation; investment decisions under uncertainty; capital asset pricing; options; and market efficiency. The course will also analyze corporate financial policy, including capital structure, cost of capital, dividend policy, and related issues
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FINANCE: MACROECONOMICS
FNCE 613: Macroeconomics and the Global Economy 1.0 CU Fall or Spring
FNCE 615: Introduction to Macroeconomics 0.5 CU Q3: Spring
Requirement: Complete one (1) of these courses.The purpose of FNCE 613 is to train students to think systematically about the current state of the economy and macroeconomic policy, and to be able to evaluate the economic environment within which business and financial decisions are made. The course emphasizes the use of economic theory to understand the workings of financial markets and the operation and impact of government policies. Specifically, the course studies the determinants of the level of national income, employment, investment, interest rates, the supply of money, inflation, exchange rates, and the formulation and operation of stabilization policies..
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MANAGEMENT
MGMT 611: Managing the Established Enterprise 1.0 CU Fall or Spring
MGMT 612: Managing the Emerging Enterprise 1.0 CU Fall or Spring
Requirement: Complete one (1) of these courses. from a MGMT611 syllabus…A general manager needs to understand the internal workings of a firm, how to assess and create a strategy, and how to take into account increasing globalization... this course will provide you with an integrated view of these challenges and show you that successful management in the 21st century requires a combination of insights drawn from economics, sociology, psychology and political economy.
from a MGMT612 syllabus…This course deals with central issues in the field of management as illustrated through the context of emerging enterprises and small businesses as they grow over time. We focus the attention on the human capital, strategic, and international opportunities and challenges confronting emerging enterprises
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MARKETING
MKTG 612: Dynamic Marketing Strategy 0.5 CU Q2 and Q4
MKTG 613: Strategic Marketing Simulations 0.5 CU Winter break and Q4
from a MKTG612 syllabus…We will focus specifically on issues such as the selection of which businesses and segments to compete in, how to allocate resources across businesses, segments, and elements of the marketing mix, as well as other significant strategic issues facing today’s managers in a dynamic competitive environment.
from a MKTG613 syllabus…This simulation, SABRE, will occupy a significant part of our time and activity in the course. You will be assigned to a SABRE team where each team will be charged with managing a firm in an unfamiliar new market where in each “SABRE period” you will make a wide range of decisions including what new products to bring out, when, and how to market them.
Requirement: Complete at least one (1) of these courses.
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Requirement: Students are required to complete two 0.5CU OIDD flex core courses, one of which must be OIDD 611 or OIDD 615
OIDD 611 emphasizes the design of business processes to maximize productivity and to achieve world-class quality. The course details different kinds of business processes and explains how to measure key process parameters like capacity and lead time. The course also covers process improvement and examines classic ideas in quality management.
OIDD 612 is a course on business analytics tools and their application to management problems. Its main topics are optimization, decision making under uncertainty, and simulation. The emphasis is on business analytics tools that are widely used in diverse industries and functional areas, including operations, finance, accounting, and marketing.
OPERATIONS, INFORMATION AND DECISIONS
OIDD 611: Quality and Productivity 0.5 CU Spring
OIDD 612: Business Analytics 0.5 CU Fall & Spring
OIDD 613: Information and Business Transformation 0.5 CU Fall
OIDD 614: Innovation 0.5 CU Spring
OIDD 615: Operations Strategy 0.5 CU Fall
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OIDD613 focuses on the impact of information on management. Prepares students to master information as a strategic asset, and combines theory, models, and case studies. Targeted at students interested in a career in strategic consulting or marketing strategy, and at students who need a solid command of valuation of online businesses in order to pursue a career in private equity.
OIDD614 is built around the concept of an innovation tournament. An innovation tournament is a structured process in which a group of people participate in generating and evaluating ideas.
OIDD615 Operations strategy is about organizing people and resources to gain a competitive advantage in the delivery of products (both goods and services) to customers. This course approaches this challenge primarily from two perspectives: 1) how should a firm design their products so that they can be profitably offered; 2) how can a firm best organize and acquire resources to deliver its portfolio of products to customers. To be able to make intelligent decisions regarding these high-level choices, this course also provides a foundation of analytical methods.
OPERATIONS, INFORMATION AND DECISIONS
OIDD 611: Quality and Productivity 0.5 CU Spring
OIDD 612: Business Analytics 0.5 CU Fall & Spring
OIDD 613: Information and Business Transformation 0.5 CU Fall
OIDD 614: Innovation 0.5 CU Spring
OIDD 615: Operations Strategy 0.5 CU Fall
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LEGAL STUDIES & BUSINESS ETHICS
LGST 611: Responsibility in Global Management 0.5 CU Fall & Spring
LGST 612: Responsibility in Business 0.5 CU Fall & Spring
Requirement: You must complete at least one (1) of these courses.
LGST611 examines difficult ethical conflicts and dilemmas that arise in a global business context. It is designed to reveal common patterns of success and failure in dealing with ethical decisions in business. It is also designed to reveal common patterns of success and failureTopics covered:• Moral Development and Moral
Responsibility• Ethical Decision Making• Corporate Social Responsibility • Ethical Obligations in International Business • Outsourcing and Layoffs• Comparative Corporate Governance• Responsibilities for poverty and
sustainability
LGST 612: the focus of the course will be on developing skills in ethical and legal analyses that can assist managers as they make both individual-level and firm-level decisions about the responsible courses of action when duties, loyalties, rules, norms, and interests are in conflict. The goals of the course is to identify and critically think about legal and ethical or moral issues in business.Topics covered:• Honesty, truthfulness, and transparency• Securities Fraud and Insider Trading• Politics and Government • Competition, Unfair advantage and conflict
of interests• Discrimination and Affirmative Action
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COMMUNICATIONS
WHCP612: Advanced Persuasive Speaking • Convincing Business Audiences• Crisis Communications• Fundamentals for Prospective Entrepreneurs
0.25CU
Q3 or Q4: Spring
or
WHCP615: Comm. Challenges for Entrepreneurs 0.25CU
Q3 or Q4: Spring
Academic Affairs
Your first year by the numbers…Approximately 40% of first year students do not waive any courses.
4.75-5.75CU
9CU = Core curriculum
9 - 10CUAverage number of credit units completed in 1st year
5CU Majors including 1CU from core
Average number of credits in 1st
semester
77% Complete FNCE core in first semester
Completed ACCT core in first semester 63%
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0%
10%
20%
30%
40%
50%
60%
Management Marketing Operations Legal StudiesFall Year 1 Spring Year 1 Fall Year 2 Spring Year 2
Flex Core by the numbers...
Fall schedule: EntrepreneurFall
August Quarter 1 Quarter 2
MGMT610Foundations of Teamwork and
Leadership
MKTG611Marketing
Management
MGEC611Microeconomics for
Managers
STAT613Regression Analysis for Business
MGMT 801Entrepreneurship
MGEC612Microeconomics for
Managers
WHCP 611/620* Management Comm/ Writing Requirement
(.25 cu)
• Elon wants to double major in FNCE & EMGT
• Plans to study in SSF• Would like to work on his
start up while at Wharton• Total CU: 5.75CU
FNCE611Corporate Finance
MGMT 612Managing the Emerging Enterprise
FNCE611Corporate Finance
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Fall schedule: ConsultantFall
August Quarter 1 Quarter 2
MGMT610Foundations of Teamwork and
Leadership
MKTG611Marketing
Management
MGEC611Microeconomics for
Managers
STAT621Accelerated Regression
Analysis
MGEC612Microeconomics for
Managers
WHCP 611/620* Management Comm/ Writing Requirement
(.25 cu)
• Sheryl wants to major in MGMT and maybe OIDD
• Plans to recruit in consulting so she would prefer to keep Q2 lighter
• Changing careers from ACCT• Total CU: 5.25CU
OIDD 615Operations Strategy
MGMT 611 Managing the Established Enterprise
ACCT 612Accelerated Financial
Accounting
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OIDD 673Global Supply Chain
Management
Fall schedule: Investment BankingFall
August Quarter 1 Quarter 2
MGMT610Foundations of Teamwork and
Leadership
STAT621Accelerated Regression
Analysis
MGEC612Microeconomics for
Managers
WHCP 611/620* Management Comm/ Writing Requirement
(.25 cu)
• Ruth was an undergraduate business major
• Ruth plans to major in FNCE and ACCT
• She plans to recruit in Investment Banking
• Is most interested in quantitative courses
• Total CU: 5.75CU
OIDD 615Operations Strategy
FNCE 751Buyouts and Acquisitions
ACCT 742 Problems in Financial Reporting
MKTG612Dynamic Marketing
Strategy
FNCE 726Advanced Corporate Finance
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Fall schedule: Healthcare ManagementFall
August Quarter 1 Quarter 2
MGMT610Foundations of Teamwork and
Leadership
MKTG611Marketing
Management
MGEC611Microeconomics for
Managers
STAT621Accelerated Regression
Analysis
MGEC612Microeconomics for
Managers
WHCP 611/620* Management Comm/ Writing Requirement
(.25 cu)
• Mehmet is in the Healthcare Management Program
• Plans to recruit in Healthcare start ups
• Changing careers from Consulting
• Total CU: 5.25CU
OIDD 615Operations Strategy
HCMG 841Healthcare Services
FNCE611Corporate Finance
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Fall Schedule: Non Traditional StudentFall
August Quarter 1 Quarter 2
MGMT610Foundations of Teamwork and
Leadership
MKTG611Marketing
Management
MGEC611Microeconomics for
Managers
STAT613Regression Analysis
MGEC612Microeconomics for
Managers
WHCP 611/620* Management Comm/ Writing Requirement
(.25 cu)
• Warren has never studied business before and does not have a strong quant background
• Plans to recruit in Real Estate• Changing careers from
education• Would prefer a lighter course
load for Fall at 4.75CU
LGST 612Responsibility in Global
Management
MGMT 611Managing the Established Enterprise
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Majors & ElectivesMBA Curriculum
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Major Requirements
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Most majors require from 5 to 6 CU including 1 CU from core curriculum
Some majors permit students to take an elective course pass/fail
Each major has a designated Faculty advisor
Up to 2CU of cross listed courses can be counted towards two majors (i.e. MGMT690/OIDD 690)
When do I choose a major?
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You have already chosen a major! Whatever major you indicated on your application is now showing on your transcript..
Your major can be changed at any time
by emailing
TO CHANGE A MAJOR
Before changing your major, check with
ISSS to ensure it will not affect your
immigration documentation.
INTERNATIONAL STUDENTS
In the spring of your second year, you will be asked to confirm your
major(s) and the Academic Affairs Office will complete an audit of your transcript to ensure
you have met the requirements.
IN YOUR SECOND YEAR
Double Major: FINANCE & ENTREPRENEURIAL MANAGEMENT
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FINANCE (6 CU) ENTREPRENEURIAL MANAGEMENT (5 CU)
FNCE 611 Corporate Finance MGMT 611/612 Managing the Established/Emerging Enterprise
FNCE 613 Macroeconomics MGMT 801 ENTREPRENEURSHIP
FNCE 720 Investment Management OIDD 636 Scaling Operations
FNCE 726 Adv Corporate Finance LGST 813 Legal Aspects of Entrepreneurship
FNCE 750 Venture Capital and the Finance of Innovation
FNCE 750 Venture Capital and the Finance of Innovation
FNCE 751 Finance of Buyouts and Acquisitions
FNCE 751 Finance of Buyouts and Acquisitions
Academic CalendarFall 2017
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Academic Calendar
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Upcoming Dates
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December 14 ‐December 21
Final exams for Q2 and Full Semester Core and Elective
courses
August 21 Course Match
closes at 12:00pm (noon)
September 5Last day to drop,
without penalty, Q1 or Full Semester
courses at capacity
October 12 ‐October 18
Q1 Core Exams
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Potential Conflicts with Academic Schedules
SUBHEADING
First point
Second point
Third point
Academic Resources
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Teaching Assistants & Recitations
Academic Advisor Walk-in hours
Counseling and Professional Services
Faculty Office Hours
Academic Fellows
Student Disabilities Services
1-on-1 Academic Advising
Marks Family Writing Center
Weingarten Learning Resource Center
Tutors @ Wharton
Pre-Term Academic AdvisingAcademic Advising Appointments: Sunday, August 13 - Sunday, August 20
Course Match Group Advising: Monday, August 21st 9-11am
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Curriculum Planning Worksheet
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Questions?
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