Twin Cities campus

This is archival data. This system was retired as of August 21, 2023 and the information on this page has not been updated since then. For current information, visit catalogs.umn.edu.

 
Twin Cities Campus

Management of Technology Minor

Technological Leadership Institute
College of Science and Engineering
Link to a list of faculty for this program.
Contact Information
Technological Leadership Institute, College of Science and Engineering, University of Minnesota, Suite 290 McNamara Alumni Center, 200 Oak Street SE, Minneapolis MN 55455 Phone: 612-624-5747 Fax: 612- 624-7510
Email: mot@umn.edu
Website: http://www.tli.umn.edu
  • Program Type: Graduate minor related to major
  • Requirements for this program are current for Fall 2019
  • Length of program in credits (master's): 6
  • Length of program in credits (doctoral): 12
  • This program does not require summer semesters for timely completion.
The management of technology minor program is administered by the Technological Leadership Institute (TLI) in the College of Science and Engineering. The program integrates the fields of technology and management, allowing students in science and engineering majors to develop understanding and expertise in business principles. The curriculum includes basic business knowledge, with an emphasis on technology-intensive organizations. Topics include strategy, finance, marketing, intellectual property, innovation, and technology planning. Each class will include exercises that inform students on those business topics, and give them an opportunity to practice the fundamental skills of communications, teamwork and project management.
Program Delivery
  • via classroom (the majority of instruction is face-to-face)
Prerequisites for Admission
A bachelor's degree in an engineering, science, or other technology-related field from an accredited program.
Special Application Requirements:
Applicants for the minor must be enrolled in a graduate-level degree program at the University of Minnesota and have director of graduate studies approval.
For an online application or for more information about graduate education admissions, see the General Information section of this website.
Program Requirements
Use of 4xxx courses towards program requirements is not permitted.
The MOT minor requires two core courses for a total of 4 credits. The remaining credits can be taken from the list of approved electives. MOT minor courses cannot be counted towards the master of science in management of technology degree requirements.
Core Courses
MOT 5001 - Technological Business Fundamentals (2.0 cr)
MOT 5002 - Creating Technological Innovation (3.0 cr)
Program Sub-plans
Students are required to complete one of the following sub-plans.
Students may not complete the program with more than one sub-plan.
Masters
Electives
Other courses may be chosen in consultation with the director of graduate studies
Take 2 or more credit(s) from the following:
· MOT 5003 - Technological Business Planning Workshop (1.0 cr)
· ENTR 6025 - Introduction to Entrepreneurship (2.0 cr)
· ENTR 6036 - Managing the Growing Business (2.0 cr)
· HSCI 5401 - Ethics in Science and Technology (3.0 cr)
· HSCI 5421 - Engineering Ethics (3.0 cr)
· IDSC 6041 - Information Technology Management (2.0 cr)
· IDSC 6423 - Enterprise Systems (2.0 cr)
· IE 5111 - Systems Engineering I (2.0 cr)
· IE 5441 - Financial Decision Making (4.0 cr)
· IE 5541 - Project Management (4.0 cr)
· MBA 6111 - Organizational Behavior (2.0 cr)
· MBA 6301 - Strategic Management (3.0 cr)
· ME 8221 - New Product Design and Business Development I (4.0 cr)
· ME 8222 - New Product Design and Business Development II (4.0 cr)
· MGMT 6004 - Negotiation Strategies (2.0 cr)
· MGMT 6041 - Competing Globally (2.0 cr)
· MGMT 6084 - Management of Teams (2.0 cr)
· MGMT 6305 - The International Environment of Business (4.0 cr)
· MILI 3589 - Medical Technology and Society [TS] (3.0 cr)
· OLPD 5607 - Organization Development (3.0 cr)
· PA 5711 - Science, Technology & Environmental Policy (3.0 cr)
· PA 5741 - Risk, Resilience and Decision Making (1.5 cr)
Doctoral
Electives
Other courses may be chosen in consultation with the director of graduate studies
Take 8 or more credit(s) from the following:
· MOT 5003 - Technological Business Planning Workshop (1.0 cr)
· ENTR 6025 - Introduction to Entrepreneurship (2.0 cr)
· ENTR 6036 - Managing the Growing Business (2.0 cr)
· HSCI 5401 - Ethics in Science and Technology (3.0 cr)
· HSCI 5421 - Engineering Ethics (3.0 cr)
· IDSC 6041 - Information Technology Management (2.0 cr)
· IDSC 6423 - Enterprise Systems (2.0 cr)
· IE 5111 - Systems Engineering I (2.0 cr)
· IE 5441 - Financial Decision Making (4.0 cr)
· IE 5541 - Project Management (4.0 cr)
· MBA 6111 - Organizational Behavior (2.0 cr)
· MBA 6301 - Strategic Management (3.0 cr)
· ME 8221 - New Product Design and Business Development I (4.0 cr)
· ME 8222 - New Product Design and Business Development II (4.0 cr)
· MGMT 6004 - Negotiation Strategies (2.0 cr)
· MGMT 6041 - Competing Globally (2.0 cr)
· MGMT 6084 - Management of Teams (2.0 cr)
· MGMT 6305 - The International Environment of Business (4.0 cr)
· MILI 3589 - Medical Technology and Society [TS] (3.0 cr)
· OLPD 5607 - Organization Development (3.0 cr)
· PA 5711 - Science, Technology & Environmental Policy (3.0 cr)
· PA 5741 - Risk, Resilience and Decision Making (1.5 cr)
 
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· College of Science and Engineering

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MOT 5001 - Technological Business Fundamentals
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Provides scientists and engineers with a working knowledge of the broader business context in which science and technology ideas are translated into solutions that address market needs and generate economic value. This two-unit course will broaden students? business knowledge and project leadership abilities, enabling technical professionals to increase their business impact and career success. The three modules of the course will build practical knowledge and skills in (1) project leadership, professionalism, teamwork, and effective communication, (2) the process of innovation (i.e., transforming technical ideas into value-creating solutions) and (3) business acumen fundamentals. prereq: Degree seeking or non-degree graduate students
MOT 5002 - Creating Technological Innovation
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
This hands-on, project-based course provides students the perspective of a Technology Leader of an organization or product team. Details the innovation process, from an idea's inception through impact in the economy, regardless of organizational setting. Explores how solutions are developed to become ready for broader market deployment. Includes testing and development of the problem-solution fit, probing of solutions for robustness, and testing of both technical and operational scaling of proposed solutions. Examines the human aspects of innovation, specifically issues of team building and readiness. Considers the broader system for innovation, including the role of key stakeholders in shaping its success in order to arrive at an impactful solution. Addresses intellectual property, the effect of regulations and social and cultural differences across varied global markets, and the personal skills necessary to align and manage these issues. prereq: Degree seeking or non-degree graduate students.
MOT 5003 - Technological Business Planning Workshop
Credits: 1.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Applies lessons of 5001 or 5002 directly to technology of the student's choosing, possibly thesis topic. Aspects of strategic technology plan or business plan, culminating in presentation of plan. Must be taken in parallel with 5001 or 5002. prereq: Degree seeking or non-degree graduate students. Student must also enroll for MOT 5001 or MOT 5002.
ENTR 6025 - Introduction to Entrepreneurship
Credits: 2.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Spring & Summer
The course helps students develop insights on starting and sustaining a successful venture. The course focus is on opportunity identification and evaluation: Where do new venture ideas come from? How do you recognize a good business idea? How can a so-so idea be improved to be a good opportunity? Students will focus on five characteristics of a good entrepreneurial opportunity: Creating significant customer value, profit potential, profit durability, founder and team fit, and amenability to financing. prereq: MBA or Mgmt Sci MBA student
ENTR 6036 - Managing the Growing Business
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Spring & Summer
Challenges posed by rapid growth/change in independent startups. Infrastructure development, radical changes in strategy, continuous needs for substantial additional resources. Emphasizes analysis of factors accelerating/impeding growth and review/creation of growth strategies. Integration of concepts from strategy, operations, marketing, finance, and human resource management. prereq: MBA or Mgmt Sci MBA student
HSCI 5401 - Ethics in Science and Technology
Credits: 3.0 [max 3.0]
Course Equivalencies: HSci 3401/5401
Typically offered: Periodic Fall
Historical issues involving ethics in science. Ethical problems posed by modern science/technology, including nuclear energy, chemical industry, and information technologies.
HSCI 5421 - Engineering Ethics
Credits: 3.0 [max 3.0]
Course Equivalencies: HSci 3421/HSci 5421
Typically offered: Every Fall & Spring
Engineering ethics in historical context, including the rise of professional engineering societies; ethical problems in engineering research and engineers' public responsibility; ethical implications of advanced engineering systems such as the production of nuclear weapons; development of codes of ethics in engineering.
IDSC 6041 - Information Technology Management
Credits: 2.0 [max 2.0]
Course Equivalencies: IDSc 6040/MBA 6241
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Management of information systems, information technology (IT) in global organization. Strategic uses of IT. Alignment of IT, organizational strategy, internet/Web technologies, e-commerce customer services. Integration of e-business applications, interorganizational systems, systems implementation. Management of information as resource. Lecture, case analysis, classroom discussion. Prereq MBA student.
IDSC 6423 - Enterprise Systems
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Enterprise Systems are the information core of diverse organizations and play a major role in their management and performance. This course provides the context of Enterprise Systems role in organization's journey of Digital Transformation. It examines Enterprise System's structural aspects such as governance, program & change management, sourcing, development (programming), testing, operations, and regulatory compliance. Business cases provide real world examples across these subjects and focus on specifics such as labor multi-sourcing and A/B testing strategies.
IE 5111 - Systems Engineering I
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
Overview of systems-level thinking/techniques in context of an integrated, design-oriented framework. Elements of systems engineering process, including lifecycle, concurrent, and global engineering. Framework for engineering large-scale, complex systems. How specific techniques fit into framework. prereq: CSE upper div or grad student
IE 5441 - Financial Decision Making
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Cash flow streams, interest rates, fixed income securities. Evaluating investment alternatives, capital budgeting, dynamic cash flow process. Mean-variance portfolio selection, Capital Asset Pricing Model, utility maximization, risk aversion. Derivative securities, asset dynamics, basic option pricing theory. prereq: CSE upper div or grad student
IE 5541 - Project Management
Credits: 4.0 [max 4.0]
Course Equivalencies: IE 4541/IE 5541
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Introduction to engineering project management. Analytical methods of selecting, organizing, budgeting, scheduling, and controlling projects, including risk management, team leadership, and program management. prereq: Upper div or grad student
MBA 6111 - Organizational Behavior
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Organizational behavior offers a framework for the systematic study of how people behave in organizational settings and involves individual, group, and organizational characteristics that affect people and their behavior at work. In this course we consider how individual workers respond to their job and organization (attitudes and motivation), interpersonal processes and how to make them more effective (decision making, conflict management, teamwork), and the role organizational culture in shaping individual and group behavior. Topics come together as we consider how to effectively lead organizational change. Prior to Fall 2022 the course number was MBA 6110. Prior to Spring 2023 the course name was Leading Others.
MBA 6301 - Strategic Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
This course focuses on the competitive strategy of the firm, examining how firms achieve and maintain superior profitability relative to their competitors in the long run, and the firm's role in building a more just and sustainable world. Starting from overall industry analysis, we cover how firms position themselves to succeed in various competitive contexts based on their resources and capabilities. We then analyze how firms innovate and adapt their capabilities over time, especially in the digital age. We extend our analysis to the scope choices of the firm and discuss how firms can successfully compete across multiple countries and businesses. Throughout the course, case discussions examine and simulate the process through which strategic decisions are made and carried out. Students are placed in the role of decision-makers and frequently asked to analyze the key choices they must make to define, reinforce, and successfully implement the firm's strategy. prereq: MBA or Mgmt Sci MBA student
ME 8221 - New Product Design and Business Development I
Credits: 4.0 [max 4.0]
Course Equivalencies: BMEn 8401/Entr 6041/PDes 8221
Grading Basis: A-F or Aud
Typically offered: Every Fall
Students and faculty work with company representatives to develop a product concept, a working physical prototype, and an extensive business plan. Concept design, detail design, manufacturing, marketing, introduction strategy, and profit forecasting. Sponsoring company intends to bring product to market. ME 8222 must be taken in sequence the same year. prereq: CSE grad student, some design experience
ME 8222 - New Product Design and Business Development II
Credits: 4.0 [max 4.0]
Course Equivalencies: BMEn 8402/Entr 6087/PDes 8722
Grading Basis: A-F or Aud
Typically offered: Every Spring
Students and faculty work with company representatives to develop a product concept, a working physical prototype, and an extensive business plan. Concept design, detail design, manufacturing, marketing, introduction strategy, and profit forecasting. Sponsoring company intends to bring product to market. Must be taken in sequence with 8221 the same year. prereq: 8221
MGMT 6004 - Negotiation Strategies
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
At its core, negotiation is the art and science of getting what you want in a world of innumerable interests, possibilities, and standards of fairness---a world in which we must often compete or cooperate with others to do anything from picking a restaurant to transforming markets. The objective of this course is to equip students with a simple, ready-to-use framework from which we can prepare for and engage in negotiations. Topics include interest-based bargaining, psychological biases, multiparty negotiations, and hard tactics. Regular cases and exercises reinforce our negotiation framework and provide students a safe forum to thoughtfully reflect on their experiences and improve. prereq: MBA or Mgmt Sci MBA student
MGMT 6041 - Competing Globally
Credits: 2.0 [max 2.0]
Course Equivalencies: Mgmt 6040/MGMT 6041
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Dealing with enormous complexity in competitive environment, in strategy, and in organizations. Focuses on strategic/organizational issues in managing across borders. prereq: MBA or Mgmt Sci MBA student
MGMT 6084 - Management of Teams
Credits: 2.0 [max 2.0]
Course Equivalencies: HRIR 6484/Mgmt 6084
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Factors that influence performance and well-being of groups in organizations. Group dynamics, norms, culture, structure, leadership, decision-making, and problem-solving. Managing dynamics, learning, performance, and creativity of groups. Intergroup relations, incentives, and effect of environment.
MGMT 6305 - The International Environment of Business
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Introduction to international trade/finance theory and political economy. Institutional governance of international trade/monetary policy, differences in political-economic/sociocultural systems, implications for managerial decision-making. prereq: MBA or Mgmt Sci MBA student
MILI 3589 - Medical Technology and Society (TS)
Credits: 3.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Spring
Course Description Innovations in medical technologies are one of the leading areas of economic growth in the world. Whether new technologies take the form of pharmaceutical, medical device, biotechnology, information technology of some combination of these innovations, the opportunities for both private enterprise and social welfare are substantial. However, these innovations are not without cost, and require reimbursement from either a privately or publicly financed health care delivery system. Thus, the demand for the evaluation of new medical technologies continues to grow as new treatments are developed and health care costs continue to rise. This course aims to provide knowledge of the skills, data, and methodology required to critically evaluate new medical technologies from a social perspective as well as from a business perspective in order to meet financial investment and regulatory compliance objectives. The course will provide an introduction to the analytic tool kit needed to critically evaluate new medical technologies including: 1. Understanding regulatory pathways such as the FDA approval 2. Understanding the U.S. payment policy & reimbursement for medical technology 3. Assessing unmet needs and the relevant market for the technology 4. Evaluating the social and economic value to convince payers to cover and reimburse the technology 5. Recognizing provider, healthcare organization and market-level factors that influence adoption of new medical technologies. Throughout the course, students will work on team-based hands-on exercises that will provide them gain further understanding of the impact of medical technology from the perspectives of an innovator, a regulator, a payer, a public entity, and consumers of the medical technology including physicians, hospitals, health systems and patients.
OLPD 5607 - Organization Development
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall, Spring & Summer
Introduction to major concepts, skills, and techniques for organization development/change. prereq: Grad student only
PA 5711 - Science, Technology & Environmental Policy
Credits: 3.0 [max 3.0]
Typically offered: Every Fall
Interplay of science, technology, the environment, and society. Approaches from across the social sciences will cover how science and technology can create new environmental pressures as well as policy challenges in a range of spheres from climate change to systems of intellectual property and international development.
PA 5741 - Risk, Resilience and Decision Making
Credits: 1.5 [max 3.0]
Grading Basis: OPT No Aud
Typically offered: Every Spring
Interplay between risk analysis, decision making, and policy in the context of new and emerging technologies, environmental and human well-being, risk and resilience. Assessment methods; risk management processes, issues and methods; role/treatment of uncertainty; factors in decision making; risk-based rule making; public values; risk communication and perception. Scientific, technical, social, political, and ethical issues. prereq: Grad student or instr consent
MOT 5003 - Technological Business Planning Workshop
Credits: 1.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Applies lessons of 5001 or 5002 directly to technology of the student's choosing, possibly thesis topic. Aspects of strategic technology plan or business plan, culminating in presentation of plan. Must be taken in parallel with 5001 or 5002. prereq: Degree seeking or non-degree graduate students. Student must also enroll for MOT 5001 or MOT 5002.
ENTR 6025 - Introduction to Entrepreneurship
Credits: 2.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Spring & Summer
The course helps students develop insights on starting and sustaining a successful venture. The course focus is on opportunity identification and evaluation: Where do new venture ideas come from? How do you recognize a good business idea? How can a so-so idea be improved to be a good opportunity? Students will focus on five characteristics of a good entrepreneurial opportunity: Creating significant customer value, profit potential, profit durability, founder and team fit, and amenability to financing. prereq: MBA or Mgmt Sci MBA student
ENTR 6036 - Managing the Growing Business
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Spring & Summer
Challenges posed by rapid growth/change in independent startups. Infrastructure development, radical changes in strategy, continuous needs for substantial additional resources. Emphasizes analysis of factors accelerating/impeding growth and review/creation of growth strategies. Integration of concepts from strategy, operations, marketing, finance, and human resource management. prereq: MBA or Mgmt Sci MBA student
HSCI 5401 - Ethics in Science and Technology
Credits: 3.0 [max 3.0]
Course Equivalencies: HSci 3401/5401
Typically offered: Periodic Fall
Historical issues involving ethics in science. Ethical problems posed by modern science/technology, including nuclear energy, chemical industry, and information technologies.
HSCI 5421 - Engineering Ethics
Credits: 3.0 [max 3.0]
Course Equivalencies: HSci 3421/HSci 5421
Typically offered: Every Fall & Spring
Engineering ethics in historical context, including the rise of professional engineering societies; ethical problems in engineering research and engineers' public responsibility; ethical implications of advanced engineering systems such as the production of nuclear weapons; development of codes of ethics in engineering.
IDSC 6041 - Information Technology Management
Credits: 2.0 [max 2.0]
Course Equivalencies: IDSc 6040/MBA 6241
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Management of information systems, information technology (IT) in global organization. Strategic uses of IT. Alignment of IT, organizational strategy, internet/Web technologies, e-commerce customer services. Integration of e-business applications, interorganizational systems, systems implementation. Management of information as resource. Lecture, case analysis, classroom discussion. Prereq MBA student.
IDSC 6423 - Enterprise Systems
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Enterprise Systems are the information core of diverse organizations and play a major role in their management and performance. This course provides the context of Enterprise Systems role in organization's journey of Digital Transformation. It examines Enterprise System's structural aspects such as governance, program & change management, sourcing, development (programming), testing, operations, and regulatory compliance. Business cases provide real world examples across these subjects and focus on specifics such as labor multi-sourcing and A/B testing strategies.
IE 5111 - Systems Engineering I
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
Overview of systems-level thinking/techniques in context of an integrated, design-oriented framework. Elements of systems engineering process, including lifecycle, concurrent, and global engineering. Framework for engineering large-scale, complex systems. How specific techniques fit into framework. prereq: CSE upper div or grad student
IE 5441 - Financial Decision Making
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Cash flow streams, interest rates, fixed income securities. Evaluating investment alternatives, capital budgeting, dynamic cash flow process. Mean-variance portfolio selection, Capital Asset Pricing Model, utility maximization, risk aversion. Derivative securities, asset dynamics, basic option pricing theory. prereq: CSE upper div or grad student
IE 5541 - Project Management
Credits: 4.0 [max 4.0]
Course Equivalencies: IE 4541/IE 5541
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Introduction to engineering project management. Analytical methods of selecting, organizing, budgeting, scheduling, and controlling projects, including risk management, team leadership, and program management. prereq: Upper div or grad student
MBA 6111 - Organizational Behavior
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Organizational behavior offers a framework for the systematic study of how people behave in organizational settings and involves individual, group, and organizational characteristics that affect people and their behavior at work. In this course we consider how individual workers respond to their job and organization (attitudes and motivation), interpersonal processes and how to make them more effective (decision making, conflict management, teamwork), and the role organizational culture in shaping individual and group behavior. Topics come together as we consider how to effectively lead organizational change. Prior to Fall 2022 the course number was MBA 6110. Prior to Spring 2023 the course name was Leading Others.
MBA 6301 - Strategic Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
This course focuses on the competitive strategy of the firm, examining how firms achieve and maintain superior profitability relative to their competitors in the long run, and the firm's role in building a more just and sustainable world. Starting from overall industry analysis, we cover how firms position themselves to succeed in various competitive contexts based on their resources and capabilities. We then analyze how firms innovate and adapt their capabilities over time, especially in the digital age. We extend our analysis to the scope choices of the firm and discuss how firms can successfully compete across multiple countries and businesses. Throughout the course, case discussions examine and simulate the process through which strategic decisions are made and carried out. Students are placed in the role of decision-makers and frequently asked to analyze the key choices they must make to define, reinforce, and successfully implement the firm's strategy. prereq: MBA or Mgmt Sci MBA student
ME 8221 - New Product Design and Business Development I
Credits: 4.0 [max 4.0]
Course Equivalencies: BMEn 8401/Entr 6041/PDes 8221
Grading Basis: A-F or Aud
Typically offered: Every Fall
Students and faculty work with company representatives to develop a product concept, a working physical prototype, and an extensive business plan. Concept design, detail design, manufacturing, marketing, introduction strategy, and profit forecasting. Sponsoring company intends to bring product to market. ME 8222 must be taken in sequence the same year. prereq: CSE grad student, some design experience
ME 8222 - New Product Design and Business Development II
Credits: 4.0 [max 4.0]
Course Equivalencies: BMEn 8402/Entr 6087/PDes 8722
Grading Basis: A-F or Aud
Typically offered: Every Spring
Students and faculty work with company representatives to develop a product concept, a working physical prototype, and an extensive business plan. Concept design, detail design, manufacturing, marketing, introduction strategy, and profit forecasting. Sponsoring company intends to bring product to market. Must be taken in sequence with 8221 the same year. prereq: 8221
MGMT 6004 - Negotiation Strategies
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
At its core, negotiation is the art and science of getting what you want in a world of innumerable interests, possibilities, and standards of fairness---a world in which we must often compete or cooperate with others to do anything from picking a restaurant to transforming markets. The objective of this course is to equip students with a simple, ready-to-use framework from which we can prepare for and engage in negotiations. Topics include interest-based bargaining, psychological biases, multiparty negotiations, and hard tactics. Regular cases and exercises reinforce our negotiation framework and provide students a safe forum to thoughtfully reflect on their experiences and improve. prereq: MBA or Mgmt Sci MBA student
MGMT 6041 - Competing Globally
Credits: 2.0 [max 2.0]
Course Equivalencies: Mgmt 6040/MGMT 6041
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Dealing with enormous complexity in competitive environment, in strategy, and in organizations. Focuses on strategic/organizational issues in managing across borders. prereq: MBA or Mgmt Sci MBA student
MGMT 6084 - Management of Teams
Credits: 2.0 [max 2.0]
Course Equivalencies: HRIR 6484/Mgmt 6084
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Factors that influence performance and well-being of groups in organizations. Group dynamics, norms, culture, structure, leadership, decision-making, and problem-solving. Managing dynamics, learning, performance, and creativity of groups. Intergroup relations, incentives, and effect of environment.
MGMT 6305 - The International Environment of Business
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Introduction to international trade/finance theory and political economy. Institutional governance of international trade/monetary policy, differences in political-economic/sociocultural systems, implications for managerial decision-making. prereq: MBA or Mgmt Sci MBA student
MILI 3589 - Medical Technology and Society (TS)
Credits: 3.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Spring
Course Description Innovations in medical technologies are one of the leading areas of economic growth in the world. Whether new technologies take the form of pharmaceutical, medical device, biotechnology, information technology of some combination of these innovations, the opportunities for both private enterprise and social welfare are substantial. However, these innovations are not without cost, and require reimbursement from either a privately or publicly financed health care delivery system. Thus, the demand for the evaluation of new medical technologies continues to grow as new treatments are developed and health care costs continue to rise. This course aims to provide knowledge of the skills, data, and methodology required to critically evaluate new medical technologies from a social perspective as well as from a business perspective in order to meet financial investment and regulatory compliance objectives. The course will provide an introduction to the analytic tool kit needed to critically evaluate new medical technologies including: 1. Understanding regulatory pathways such as the FDA approval 2. Understanding the U.S. payment policy & reimbursement for medical technology 3. Assessing unmet needs and the relevant market for the technology 4. Evaluating the social and economic value to convince payers to cover and reimburse the technology 5. Recognizing provider, healthcare organization and market-level factors that influence adoption of new medical technologies. Throughout the course, students will work on team-based hands-on exercises that will provide them gain further understanding of the impact of medical technology from the perspectives of an innovator, a regulator, a payer, a public entity, and consumers of the medical technology including physicians, hospitals, health systems and patients.
OLPD 5607 - Organization Development
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall, Spring & Summer
Introduction to major concepts, skills, and techniques for organization development/change. prereq: Grad student only
PA 5711 - Science, Technology & Environmental Policy
Credits: 3.0 [max 3.0]
Typically offered: Every Fall
Interplay of science, technology, the environment, and society. Approaches from across the social sciences will cover how science and technology can create new environmental pressures as well as policy challenges in a range of spheres from climate change to systems of intellectual property and international development.
PA 5741 - Risk, Resilience and Decision Making
Credits: 1.5 [max 3.0]
Grading Basis: OPT No Aud
Typically offered: Every Spring
Interplay between risk analysis, decision making, and policy in the context of new and emerging technologies, environmental and human well-being, risk and resilience. Assessment methods; risk management processes, issues and methods; role/treatment of uncertainty; factors in decision making; risk-based rule making; public values; risk communication and perception. Scientific, technical, social, political, and ethical issues. prereq: Grad student or instr consent