Strategic Management

Candidates that specialize in strategic management complete their MBA with a better understanding of the operational needs of the organization (both public and private), and how the strategic direction of the organization affects other areas of the firm, such as finance, marketing and human resources. Graduates go on to careers in supply chain management, production and general management.

Students should also note that while normally 51 credit hours are required to complete the Niagara University MBA, the school will consider the student's academic record in deciding the total number of course hours required to complete the program.

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Advisor

Dr. Paul S. Richardson 716.286.8596

Please consult with the MBA office prior to registration to determine if there are courses from your previous academic experience which the university may substitute for some or all of the prerequisite courses. 

Course Curriculum

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Prerequisite Courses - 18 Credit Hours

  • MGT 565: Communications for Executives

    Credit Hours: 3

    An examination of the process of communication within the business enterprise and an analysis of its basic components. The presentation will include report writing, meeting leadership skills, and effective speaking and listening skills. All this is done within the appropriate technological framework, including PowerPoint and associated software.

  • MGT 570: Management Principles

    Credit Hours: 3

    An introduction to the theory and practice of management. Instruction in the managerial functions of planning, organizing, leading and controlling draws from many disciplines in the social and behavioral sciences. This course examines management from various theoretical perspectives stressing application to the real world and using case studies. Topics studied include theories of management, decision making, leadership, communication, motivation, group dynamics, organizational design and strategic planning.

  • LAW 560: Law & Business Ethics

    Credit Hours: 3

    This course combines the regulatory and political foundations upon which businesses operate in the United States and Canada, as well as the ethical implications of business decisions. Ethical theories will be explored. These theories are solidified via their application to practical business decision making, including concerns for fair treatment, social justice, the environment, and consumer protection. Strategies for dealing with the unethical organization are offered as well as processes for developing ethical behavior and firm social responsibility. The course delves into the legal environment in which businesses operate as well as a basic understanding of solving problems using legal rules. This includes the sources and origins of law, the court system, the constitution, torts, administrative agencies, and consumer law.

  • ECO 525: Economics for Managers

    Credit Hours: 3

    This course is a prerequisite course for ECO 621. The intent is to develop the basic tools of economic analysis. The microeconomic component of the course examines decision making by the individual economic unit, addressing such topics as demand and supply, price and output determination, cost behavior, profit maximization, and competition. The macroeconomic component examines models to explain: national output, inflation, and unemployment; and how fiscal and monetary policies stabilize the economy.

  • MGT 515: Analysis of Quantitative Data

    Credit Hours: 3

    The course focuses on the following topics (1) graphical and arithmetic description of data, (2) the use of computer software in solving statistical problems, (3) the theory of probability, (4) probability distributions and sampling distributions, and (5) estimation and hypothesis testing.

  • ACC 505: Financial and Management Accounting

    Credit Hours: 3

    This course covers fundamental concepts and procedures of financial and management accounting for business decisions. Financial accounting provides information primarily for external decision makers such as investors, creditors, suppliers, and government agencies. Management accounting serves the needs of managers to fulfill organizational objectives. Case studies will illustrate accounting and ethical issues. Topics include generally accepted accounting principles, international accounting standards, financial accounting procedures, financial reporting, inventory and depreciation methods, and cost analysis.

Core Courses - 18 Credit Hours

  • FIN 641: Corporate Financial Policy

    Credit Hours: 3


    Using a balanced approach of theory and application, this class focuses on the analytical techniques involved in financial planning and decision making in the firm. Primary emphasis is placed on the importance of strategic investment and financing choices and the logic behind these critical decisions made by the financial manager. Case method will be used to apply principles developed in managerial finance to situations involving financial planning, valuation, capital budgeting risk analysis, and cost of capital.

  • MKG 631: Strategic Marketing

    Credit Hours: 3

    This advanced marketing course aims to avail the students with marketing tools and concepts to engage in strategic marketing planning. Students learn about the marketing concept, value creation and the development, implementation and control of the strategic plan.

  • MGT 670: People in Organizations

    Credit Hours: 3

    This course provides todays managers with the background and skills necessary to lead and motivate an increasingly diverse, team-based work force. Topics include the structuring of effective teams, leading and participating in teams, communicating with and motivating others, and recognizing and valuing individual differences. Using current theories from the social and behavioral sciences, students are provided with negotiation and conflict resolution techniques that will enable effective conflict management with employees and other organizational stakeholders.

  • MGT 611: Advanced Quantitative Methods

    Credit Hours: 3

    This course stresses practical applications of statistics in business. Topics covered include analysis of variance, nonparametric statistics, chi-square, simple and multiple regression, time series analysis, statistical forecasting, model building, and statistical process control. Each student is required to complete a project using statistical methods in solving a realistic business problem.

  • MGT 651: Strategic MIS

    Credit Hours: 3

    This course provides knowledge of how information technology impacts effective management activities, especially in the area of strategic decision making. Topics include organizational information system design, management control of information technology, strategic and competitive aspects of information technology, social issues, and the globalization of information technology.

  • ACC 601: Startegic Accounting Analysis and Planning

    Credit Hours: 3

    An advanced core course in strategic accounting which focuses on the interpretation and analysis of accounting information for business decisions. Case studies will be used to illustrate strategic decision processes. International accounting issues will be addressed. Topics include financial statement analysis, cash flow, case studies in budgeting, total quality management, activity-based management, target costing, job-order cost systems, cost allocation methods, and variable costing.

Restricted Elective - 3 Credit Hours (Choose One)

  • MGT 674: Strategic Supply Chain Management

    Credit Hours: 3

    This course is designed to view the supply chain from a strategic perspective so that purchasing, materials management, and transportation logistics can be leveraged for competitive advantage. Specific topics include supply chain re-engineering, improving customer service, inventory management, outsourcing, supplier certification, supplier/buyer ethical considerations, and global procurement issues.

Concentration Courses - 9 Credit Hours

  • MGT 677: Organizational Development

    Credit Hours: 3

    This course considers organizational development as a process of planned change to improve an organization’s problem-solving skills, creativity, innovation, and its overall effectiveness within a changing and complex environment. Students will study intervention strategies to help individuals and organizations achieve their goals.

  • MGT 675: Strategic Human Resource Management

    Credit Hours: 3

    The course studies human resource practices and their impact on firms’ competitive advantage and corporate structure. This nexus is specifically studied as it relates to costing human resources, environmental scanning, mergers and acquisitions, and the internationalization of HRM. The importance of human resource planning to strategic choice, staffing, compensating, and employee and labor relations are also addressed. The student is taught skills for maximizing firm objectives via appropriate human resource practices.

  • MGT 673: Production & Operations Management

    Credit Hours: 3

    This course provides a management overview of the planning, coordinating and executing of all activities that create goods and services. Topics include productivity, demand and capacity planning, quality measurement systems, network analysis, supply chain interface and production related information technologies.

Additional Electives - 9 Credit Hours

Capstone Course - 3 Credit Hours

  • MGT 691: Business Research, Strategy, & Planning

    Credit Hours: 3

    This capstone course synthesizes the knowledge gained in the functional areas of the firm to enable the student to formulate business decisions and policies. The course uses techniques of research developed throughout the program to analyze comprehensive business problems. A major component of the course is a special project requiring a practical exercise in strategic planning.