course catalog/ 2023-2024 Catalog

2023-2024 Course Catalog

Management (BA)

The Management major at Chatham cultivates strong leadership and entrepreneurial skills through both academic coursework, and real-world applications. Graduates are prepared to address challenges in talent acquisition, management, and the development of sustainable human capital.

Learning Outcomes

Graduates of bachelor’s–level programs in business will be able to demonstrate that they possess academic skills, professional attributes and broad-based and in-depth knowledge of business concepts and functions.

Graduates of bachelor’s–level programs in business will be able to:

  1. Apply concepts within the core areas of business
  2. Apply knowledge of ethical, legal, economic, and global environment to practical business situations and ascertain their impact
  3. Apply decision-support tools & technology to make and defend business decisions
  4. Demonstrate communication skills appropriate for business settings
  5. Contribute to a team environment to achieve a planned goal
  6. Analyze the role of motivation and influence in achieving a coordinated goal

In-depth Knowledge for specific majors

Management graduates of bachelor’s level programs will be able to:

  • Understand management concepts and theories
  • Analyze business strategies
  • Describe ethical challenges and issues of social responsibility (including sustainability) 
    that business leaders and managers may encounter and develop approaches to the challenges posed by such issues.

Curriculum

+Core Requirements

Core Major Requirements for Accounting, Economics, International Business, Management, Management Information Systems, and Marketing:

ACT222 Financial Accounting Principles I

This course represents an introduction to accounting principles including the accounting process, double-entry bookkeeping, adjusting entries, and the preparation of financial statements. The objectives of this course are to make students aware of the importance of accounting information in every type of organization (private business, not-for-profit, and governmental).

3
ACT223 Managerial Accounting Principles

This course represents an introduction to managerial accounting concepts, including cost allocation and measurement, cost/volume profit analysis, budgeting, variance analysis, job and process costing, and capital budgeting.

Pre-requisites Complete the following course:
  • ACT222 Financial Accounting Principles I
    		•  3
    BUS105 Foundations of Business

    This course introduces the theory and practice of business and fosters analytical thinking. Students build a foundation for learning by gaining an understanding of business organizations, their structure and functions, the increasingly dynamic and complex global setting in which they compete, and the fundamentals of sustainable business practices.

    		3
    BUS110 Business Analytics I

    This course introduces analytical tools that are essential for deriving actionable data-driven solutions to real world business problems. Modules address descriptive statistics, inferential analysis, hypotheses testing, results interpretation, and presentation of key findings. Students utilize diverse sources of data from business cases, research studies, open access datasets, and secondary reports.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    BUS171 Information Systems and Operations

    This course explores basic concepts of communication networks (e.g., the Internet), hardware, software, databases, and systems. Students apply information systems to decision making, communication, collaboration and coordination in the operations of contemporary organizations. Students gain skills in word processing, presentation software, data visualization, spreadsheets, and relational databases.

    		3
    BUS230W Organizational Behavior

    Organizational behavior is a field of study that seeks to understand, explain, and improve human behavior in organizations. Most organizations focus their efforts on improving job performance and organizational commitment. The purpose of this course is to provide a theoretical foundation and realistic understanding of how human behavior influences the effectiveness of the modern corporation.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    BUS243 Principles of Marketing

    This course introduces students to the basic concepts of marketing strategy and management. Basic marketing concepts such as strategic segmentation, targeting, positioning, product design, pricing, promotions and distribution are covered. Environmental sustainability is analyzed from the consumer perspective.

    		3
    BUS257 Business Law and Business Ethics

    This course introduces students to the introductory concepts of business law including employment law, social and environmental responsibility of corporations, and international business law. It also emphasizes frameworks for conducting ethical analysis and the analysis of ethical dilemmas.

    		3
    BUS272 Principles of Finance

    This course enables students to apply fundamental ideas of financial economics to problems in corporate finance. Participants will gain an overview of valuation principles, learn basic principles of corporate finance from the perspective of a financial manager, and through case studies, analyze important financial decisions made within firms.

    Pre-requisites Complete the following course:
  • ACT222 Financial Accounting Principles I
    		•  3
    BUS310W Business Analytics II

    This course builds upon the student’s foundational knowledge of business research and analytics. Students practice a disciplined approach to assessing real-world business problems and applying descriptive, predictive, and prescriptive techniques to solve them. Course activities include discussion forums, case studies, experiential projects, and constructive assessment.

    Pre-requisites Complete any 1 of the following courses:
  • BUS110 Business Statistics
  • BUS110 Business Analytics I
  • MTH110 Elementary Statistics
  • PSY213 Statistics and Research Design
    		•  3
    BUS357 Strategy and Entrepreneurial Ventures

    This course illustrates the strategic management framework by taking students through the entrepreneurial process from start-up growth while exploring the personal and professional challenges. The student examines key issues in opportunity recognition, financing models, strategic choices, and sources of competitive advantage at different stages of the firm's development.

    		 3
    ECN101 Principles of Macroeconomics

    The concepts of national income and output are analyzed, and emphasis is placed on factors that influence the levels of economic activity, unemployment, and inflation, including fiscal and monetary policy and the role of international economics.

    		 3
    ECN102 Principles of Microeconomics

    Microeconomics is the study of how households and firms make decisions and how they interact in specific markets. Students are introduced to the basic concepts and tools that economists use to understand how the economy works. This course is designed to increase economic literacy through acquiring core knowledge about economics.

    		3
    INTBUS303 Internship - Business

    The Chatham University Internship program provides students with the opportunity to acquire hands-on work experience in a professional setting. The student gains metacognitive insights, deep learning, and practical skills by reflecting on the internship experience under the supervision of an academic advisor.

    		 3
    BUS490 Integrative Capstone

    The integrative capstone, undertaken by the student during the senior year, is an extended project that helps the student complete their transition from an undergraduate student to a world-ready professional. The study usually centers on the student's major and may be conducted, at least in part, in the context of a group experience. Such programs are crafted to meet the unique needs of each major, and could include, for example, fieldwork, theater production, creative work in the arts, independent research, or independent readings. The integrative capstone in an interdisciplinary major must have the approval of both academic programs.

    Pre-requisites Complete any 1 of the following courses:
  • BUS312W Marketing Research
  • BUS310W Business Analytics: Research Methods
    		•  3

    +Management Major

    5 courses

    3 required courses:
    BUS390 Human Resources Management

    This course uses readings and case studies to assess and evaluate alternative approaches in staffing, training and development, organization development, performance appraisal, compensation, benefits, labor relations, and collective bargaining. The emphasis of the course is to help students understand these elements of human resources management within an integrated systems approach.

    		3
    BUS395W Leadership and Management

    This course builds students' ability to identify challenges facing managers in 21st century organizations. The course covers theories and applications of leadership in the changing environment of today's world. Students learn organizational skills, presentation skills, and critical thinking skills. Writing skills are emphasized.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    ECN331 Managerial Economics

    This course covers the application of intermediate microeconomic analysis to business decision making. It is designed to bridge economic theory and economic practice. Topics include consumer theory, production analysis, pricing strategy, and risk analysis.

    Pre-requisites Complete the following course:
  • ECN102 Principles of Microeconomics
    		•  3
    Two (2) Approved Electives: choose from list below or get Program Director approval
    BUS240 International Business

    This course provides the background on the relationships among multinational corporations, international financial markets, and government agencies. Multinational corporations' strategic formulations of product policy research and development, production, and supply systems, as well as financing of international operations, are examined. This course fulfills a global general education mission requirement.

    		3
    BUS319 Professional Selling

    This course introduces students to professional selling best practices. The curriculum addresses strategic planning techniques such as sales performance analytics, customer lifetime value, and social media networking. Tactical execution includes prospecting, lead generation, sales presentation development, and closing a sale. Role playing and sales strategy creation reinforces concepts with practice.

    Pre-requisites Complete all 2 of the following courses:
  • BUS105 Foundations of Business
  • BUS243 Principles of Marketing
    		•  3
    BUS413 Operations

    This course introduces students to technical tools and skills essential for problem solving and decision making in operations management. Topics include manufacturing and service operations, inventory optimization, network planning, demand forecasting, transportation planning, product planning, Lean and Six Sigma. Mastery of quantitative methods using spreadsheet modeling is required.

    Pre-requisites Complete any 1 of the following courses:
  • BUS110 Business Statistics
  • MTH110 Elementary Statistics
  • PSY213 Statistics and Research Design
    		•  3
    BUS452 Managing Nonprofit Organizations

    Through the use of case studies, assignments, and class projects, this course familiarizes students with the distinctiveness of nonprofit organizations and their management. Specific topics include marketing and fund raising, budgeting, personnel management and supervision, strategic planning and implementation, environmental and program evaluation, and managing interorganizational networks.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    • Complete all 2 of the following courses:
  • SWK102 Introduction to Social Work, Social Justice and Social Issues
  • SWK101 Introduction to Sociology
    		•  3
    BUS462 Global Procurement

    In this course, students examine success factors, ethical challenges, legal issues, and managerial implications of global procurement. Students also develop a deep understanding of the impact of procurement on quality, cost, and efficiency of supply chain management through use of procurement tools, techniques, and methodologies.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    SUS470 Corporate Social Responsibility (CSR)

    This course helps students to understand the roles and responsibilities of organizations beyond just making an economic profit. Students are exposed to approaches to managing CSR. CSR is explored as a way for organizations to create value, thus, CSR is seen as crucial for business success in the 21st century.

    		 3

    +Intradisciplinary Major in Two Business Disciplines

    Students who wish to do an Intradisciplinary major in two business concentrations must complete the Business Core Major Requirements, plus the following courses.

    BUS390 Human Resources Management

    This course uses readings and case studies to assess and evaluate alternative approaches in staffing, training and development, organization development, performance appraisal, compensation, benefits, labor relations, and collective bargaining. The emphasis of the course is to help students understand these elements of human resources management within an integrated systems approach.

    		3
    BUS395W Leadership and Management

    This course builds students' ability to identify challenges facing managers in 21st century organizations. The course covers theories and applications of leadership in the changing environment of today's world. Students learn organizational skills, presentation skills, and critical thinking skills. Writing skills are emphasized.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    ECN331 Managerial Economics

    This course covers the application of intermediate microeconomic analysis to business decision making. It is designed to bridge economic theory and economic practice. Topics include consumer theory, production analysis, pricing strategy, and risk analysis.

    Pre-requisites Complete the following course:
  • ECN102 Principles of Microeconomics
    		•  3
    1 Approved Management major elective

    +Interdisciplinary Major in Management

    Students who wish to do an interdisciplinary major in a business area (Accounting, Economics, International Business, Management, or Marketing) and a non-business discipline will complete the following courses (10 courses, exclusive of Integrative Capstone):

    ACT222 Financial Accounting Principles I

    This course represents an introduction to accounting principles including the accounting process, double-entry bookkeeping, adjusting entries, and the preparation of financial statements. The objectives of this course are to make students aware of the importance of accounting information in every type of organization (private business, not-for-profit, and governmental).

    		3
    BUS105 Foundations of Business

    This course introduces the theory and practice of business and fosters analytical thinking. Students build a foundation for learning by gaining an understanding of business organizations, their structure and functions, the increasingly dynamic and complex global setting in which they compete, and the fundamentals of sustainable business practices.

    		3
    BUS110 Business Analytics I

    This course introduces analytical tools that are essential for deriving actionable data-driven solutions to real world business problems. Modules address descriptive statistics, inferential analysis, hypotheses testing, results interpretation, and presentation of key findings. Students utilize diverse sources of data from business cases, research studies, open access datasets, and secondary reports.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    BUS230W Organizational Behavior

    Organizational behavior is a field of study that seeks to understand, explain, and improve human behavior in organizations. Most organizations focus their efforts on improving job performance and organizational commitment. The purpose of this course is to provide a theoretical foundation and realistic understanding of how human behavior influences the effectiveness of the modern corporation.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    BUS257 Business Law and Business Ethics

    This course introduces students to the introductory concepts of business law including employment law, social and environmental responsibility of corporations, and international business law. It also emphasizes frameworks for conducting ethical analysis and the analysis of ethical dilemmas.

    		3
    --------------------
    BUS310W Business Analytics II

    This course builds upon the student’s foundational knowledge of business research and analytics. Students practice a disciplined approach to assessing real-world business problems and applying descriptive, predictive, and prescriptive techniques to solve them. Course activities include discussion forums, case studies, experiential projects, and constructive assessment.

    Pre-requisites Complete any 1 of the following courses:
  • BUS110 Business Statistics
  • BUS110 Business Analytics I
  • MTH110 Elementary Statistics
  • PSY213 Statistics and Research Design
    		•  3
    OR
    Prerequisite course for Capstone (xxx490) in the other discipline
    --------------------
    BUS390 Human Resources Management

    This course uses readings and case studies to assess and evaluate alternative approaches in staffing, training and development, organization development, performance appraisal, compensation, benefits, labor relations, and collective bargaining. The emphasis of the course is to help students understand these elements of human resources management within an integrated systems approach.

    		3
    OR
    BUS395W Leadership and Management

    This course builds students' ability to identify challenges facing managers in 21st century organizations. The course covers theories and applications of leadership in the changing environment of today's world. Students learn organizational skills, presentation skills, and critical thinking skills. Writing skills are emphasized.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    OR
    BUS452 Managing Nonprofit Organizations

    Through the use of case studies, assignments, and class projects, this course familiarizes students with the distinctiveness of nonprofit organizations and their management. Specific topics include marketing and fund raising, budgeting, personnel management and supervision, strategic planning and implementation, environmental and program evaluation, and managing interorganizational networks.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    • Complete all 2 of the following courses:
  • SWK102 Introduction to Social Work, Social Justice and Social Issues
  • SWK101 Introduction to Sociology
    		•  3
    --------------------
    ECN102 Principles of Microeconomics

    Microeconomics is the study of how households and firms make decisions and how they interact in specific markets. Students are introduced to the basic concepts and tools that economists use to understand how the economy works. This course is designed to increase economic literacy through acquiring core knowledge about economics.

    		3
    ECN331 Managerial Economics

    This course covers the application of intermediate microeconomic analysis to business decision making. It is designed to bridge economic theory and economic practice. Topics include consumer theory, production analysis, pricing strategy, and risk analysis.

    Pre-requisites Complete the following course:
  • ECN102 Principles of Microeconomics
    		•  3
    1 course from the following:
    BUS240 International Business

    This course provides the background on the relationships among multinational corporations, international financial markets, and government agencies. Multinational corporations' strategic formulations of product policy research and development, production, and supply systems, as well as financing of international operations, are examined. This course fulfills a global general education mission requirement.

    		3
    BUS357 Strategy and Entrepreneurial Ventures

    This course illustrates the strategic management framework by taking students through the entrepreneurial process from start-up growth while exploring the personal and professional challenges. The student examines key issues in opportunity recognition, financing models, strategic choices, and sources of competitive advantage at different stages of the firm's development.

    		 3
    BUS413 Operations

    This course introduces students to technical tools and skills essential for problem solving and decision making in operations management. Topics include manufacturing and service operations, inventory optimization, network planning, demand forecasting, transportation planning, product planning, Lean and Six Sigma. Mastery of quantitative methods using spreadsheet modeling is required.

    Pre-requisites Complete any 1 of the following courses:
  • BUS110 Business Statistics
  • MTH110 Elementary Statistics
  • PSY213 Statistics and Research Design
    		•  3
    BUS462 Global Procurement

    In this course, students examine success factors, ethical challenges, legal issues, and managerial implications of global procurement. Students also develop a deep understanding of the impact of procurement on quality, cost, and efficiency of supply chain management through use of procurement tools, techniques, and methodologies.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    SUS470 Corporate Social Responsibility (CSR)

    This course helps students to understand the roles and responsibilities of organizations beyond just making an economic profit. Students are exposed to approaches to managing CSR. CSR is explored as a way for organizations to create value, thus, CSR is seen as crucial for business success in the 21st century.

    		 3

    +Minor in Applied Management

    Core minor Requirements: Successful completion of the following 6 courses.

    BUS105 Foundations of Business

    This course introduces the theory and practice of business and fosters analytical thinking. Students build a foundation for learning by gaining an understanding of business organizations, their structure and functions, the increasingly dynamic and complex global setting in which they compete, and the fundamentals of sustainable business practices.

    		3
    BUS357 Strategy and Entrepreneurial Ventures

    This course illustrates the strategic management framework by taking students through the entrepreneurial process from start-up growth while exploring the personal and professional challenges. The student examines key issues in opportunity recognition, financing models, strategic choices, and sources of competitive advantage at different stages of the firm's development.

    		 3
    BUS390 Human Resources Management

    This course uses readings and case studies to assess and evaluate alternative approaches in staffing, training and development, organization development, performance appraisal, compensation, benefits, labor relations, and collective bargaining. The emphasis of the course is to help students understand these elements of human resources management within an integrated systems approach.

    		3
    BUS395W Leadership and Management

    This course builds students' ability to identify challenges facing managers in 21st century organizations. The course covers theories and applications of leadership in the changing environment of today's world. Students learn organizational skills, presentation skills, and critical thinking skills. Writing skills are emphasized.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    --------------------

    Two Approved Electives:


    Choose from list below or get Program Director approval
    BUS240 International Business

    This course provides the background on the relationships among multinational corporations, international financial markets, and government agencies. Multinational corporations' strategic formulations of product policy research and development, production, and supply systems, as well as financing of international operations, are examined. This course fulfills a global general education mission requirement.

    		3
    ECN331 Managerial Economics

    This course covers the application of intermediate microeconomic analysis to business decision making. It is designed to bridge economic theory and economic practice. Topics include consumer theory, production analysis, pricing strategy, and risk analysis.

    Pre-requisites Complete the following course:
  • ECN102 Principles of Microeconomics
    		•  3
    BUS452 Managing Nonprofit Organizations

    Through the use of case studies, assignments, and class projects, this course familiarizes students with the distinctiveness of nonprofit organizations and their management. Specific topics include marketing and fund raising, budgeting, personnel management and supervision, strategic planning and implementation, environmental and program evaluation, and managing interorganizational networks.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    • Complete all 2 of the following courses:
  • SWK102 Introduction to Social Work, Social Justice and Social Issues
  • SWK101 Introduction to Sociology
    		•  3
    BUS413 Operations

    This course introduces students to technical tools and skills essential for problem solving and decision making in operations management. Topics include manufacturing and service operations, inventory optimization, network planning, demand forecasting, transportation planning, product planning, Lean and Six Sigma. Mastery of quantitative methods using spreadsheet modeling is required.

    Pre-requisites Complete any 1 of the following courses:
  • BUS110 Business Statistics
  • MTH110 Elementary Statistics
  • PSY213 Statistics and Research Design
    		•  3
    BUS462 Global Procurement

    In this course, students examine success factors, ethical challenges, legal issues, and managerial implications of global procurement. Students also develop a deep understanding of the impact of procurement on quality, cost, and efficiency of supply chain management through use of procurement tools, techniques, and methodologies.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
    		•  3
    SUS470 Corporate Social Responsibility (CSR)

    This course helps students to understand the roles and responsibilities of organizations beyond just making an economic profit. Students are exposed to approaches to managing CSR. CSR is explored as a way for organizations to create value, thus, CSR is seen as crucial for business success in the 21st century.

    		 3