Master of Business Administration - Specialization in
Project Management
Corporations and start-ups alike are organizing themselves
according to project-driven teams. To operate efficiently
under this organizational structure, managers must rise
to the challenge and equip themselves with project management
skills.
Because of Aspen's demonstrated commitment to project management
and recognized solid professional development infrastructure
for the project management profession, we are approved as
a Project Management Institute (PMI®) Charter Registered
Education Provider. Our MBA with Specialization in Project
Management covers all of the knowledge areas in PMI's Guide
to the Project Management Body of Knowledge. Learners who
successfully complete this MBA degree will be well on their
way to Project Management Professional (PMP®) certification.
For additional certification requirements, please contact
PMI (www.pmi.org).
Program Goals:
The goals of the program are to provide students with:
- Increased facility in critical analysis, planning, problem
solving and communication skills.
- An increase in the marketability of the student and
his or her experience in today's world of constant change.
- A structured, yet varied knowledge of the principles
and practices of program/project management.
- An opportunity to study the roles of the project manager,
project team and major stakeholders and to learn the strategies,
tactics and functions necessary to lead and manage a project
or complex program.
- An ability to understand the project's internal interests
in relation to the organization as a whole, and to the
total business, economic, political, technological, and
social environment in which it exists.
MBA PM Degree Completion Requirements:
- 36 Total semester credits (11 Courses- 3 semester credits
each)
- A Final Capstone Project (3 semester credits)
- Two Proctored Exams
*Students who hold valid and current PMP® certification
are eligible to receive nine credits in lieu of the following
courses:
645-Project Management Essentials
646-Project Management Organization Framework and
647-Project Management Integration Framework.
Course Descriptions:
510 Accounting
Accounting, the language of business, provides crucial decision-making
information to business organizations. This introduction
to financial and managerial accounting prepares students
to construct and interpret financial statements, generate
budgets, and to use accounting data for strategic and management
purposes with an emphasis on profitability. Legal and ethical
issues in accounting are also discussed.
520 Quantitative Analysis
Quantitative analysis is a valuable process for decision-makers
and professionals who are responsible for guiding their
organizations in today's dynamic business environment. This
course provides the necessary quantitative tools for analyzing
data, modeling problems, and making informed decisions.
The focus is on construction of models, interpretation of
results, and critical evaluation of assumptions.
530 Marketing Management
Marketing is the epicenter of an organization's strategic
and operational life. This course presents marketing management
within the broader context of the organization's strategies
and operations. Students discover the benefits of market
research and analysis, and develop effective marketing strategies
through segmentation, targeting, and positioning.
540 Managerial Economics
Managerial economics form the overall theory and foundation
for the workings of a corporation. This course deals with
applying microeconomic theory to the management of the firm
by focusing on the use of microeconomics to enhance decision-making.
By exploring the complex relationships between a manager's
decisions and the resulting impact of those decisions on
the demand for the company's products and the profitability
of the firm, students come to understand the economic environment
in which the firm operates and learn how to think strategically
within this environment.
550 Finance
This introduction to corporate financial management and
investments provides the framework, concepts, and tools
for analyzing financial decisions by applying the fundamental
principles of modern financial theory. Major topics include
the time value of money and capital budgeting.
560 Business Ethics
This course examines ethics and values in multiple contexts.
It begins with an exploration of individual values and the
integration of mind, body and soul. The perspective then
broadens to include corporate ethics and the role of moral
leadership in business. The course concludes with an examination
of ethical dilemmas created by an expanding global economy.
570 Strategic Management
Strategic management is designed to help students effectively
guide an organization toward a profitable and dynamic future.
This course provides students with a formal method of defining
the organization's purpose and aligning the entire business
to achieve corporate goals. It also examines emerging technologies
in information processing as an important element of strategic
planning.
590 Organizational Behavior
Today, businesses run on hardware, software, and human capital
more than ever before. This course focuses on the people
in the organization and how they work and behave in the
work environment. It examines the behavior of individuals,
the dynamics of teamwork, the processes of small groups,
decision-making, problem-solving, conflict management, and
ways to eliminate barriers to effective communications within
the workplace.
645 Project Management Essentials
PME introduces students to the fundamental elements
of effective project management. It provides students with
the opportunity to apply these elements using exercises
and examples based on real-time projects. The required tools
and techniques used to plan, measure, and control projects
and the methods used to organize and manage projects are
also discussed.
646 Project Management Organization Framework
PMOF introduces the fundamental concepts of scope, time
management, human resource planning and project communications
as presented in the Project Management Institute's Project
Management Body of Knowledge. Emphasizing both theory and
practical application, PMOF provides students with an opportunity
to apply these concepts using real-life exercises, examples,
and software tools..
(Prerequisite: 645- Project Management Essentials)
647 Project Management Integration Framework
PMIF completes the topics presented in the Project Management
Institute's Project Management Body of Knowledge and includes
project cost, quality, procurement, and risk management.
Continuing the work from PMOF, PMIF provides students with
additional opportunities to apply these concepts using real-life
exercises, examples, and software tools. Special consideration
is given to preparing students for the Project Management
Professional (PMP) certification exam.
(Prerequisite: 646- Project Management Organization Framework)
649 Information Technology Project Management
In today's fast-paced and dynamic environment, innovative
information technology and system development projects are
critical to many companies' success. The emphasis on such
projects creates greater demand from senior management to
deliver quality information technology projects on time,
within budget, and which add functionality and value to
their customers and clients. IT Project Management will
teach the project manager how to integrate sound project
management principles in the information technology project's
development profile in order to assure every aspect of the
project is under control and delivers the technical objectives.
This course will also cover the IT project's life cycle
from initiation through closeout and address all the components
of project management as they relate to IT projects, based
on the Project Management Body of Knowledge (PMBOK) as defined
by the Project Management Institute (PMI).
(Prerequisite: 645- Project Management Essentials or prior
consent of the instructor)
599 Capstone Project
The capstone project allows students to apply the knowledge
and skills acquired in their courses to the work environment.
This project is completely individualized; students are
encouraged to select work-related projects that are of particular
interest to them and that will result in professional growth
and benefit the organization.
Due to the extensive evaluation process, and the quantity
of work and research involved, the Capstone course has a
time limit of 6 months.
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