MBA & PMBA Electives

Students may select three courses from the electives listed below.

Accounting & Finance

Accounting & Finance Concentration

 

Accounting has been a central part of the Lipscomb MBA program since its inception in 1999. In fact, Lipscomb has been Middle-Tennessee’s accounting program of choice for over 50 years. Known as a leader in accounting education for more than half a century, Lipscomb’s accounting curriculum continues to impart a broad base of relevant knowledge and experience to prepare professionals to serve as effective advisors in today’s volatile and rapidly changing financial climate. Lipscomb alumni currently serve as corporate leaders and partners in a wide range of entities across the country and around the world.

Critical competencies and skills are developed through teamwork and interactive class discussions, while internships provide additional opportunities to practice skills and knowledge in professional work environments. Now, MBA students can pursue the accounting/finance concentration at Lipscomb, which provides the right balance of technical skill, business core training and current issues instruction.

Did you know?

  • Lipscomb's graduate accounting classes are taught by either full-time faculty members who are all active CPAs or adjuncts with significant experience in their subject area.
  • According to the Bureau of Labor Statistics, as the level of investment activity increases, overall employment of financial analysts is expected to increase by 20 % during the 2008–18 decade, which is much faster than the average for all occupations.
  • Lipscomb finance students at the graduate and undergraduate level are positioned among the best and brightest financial managers in the country as they compete annually in the TVA Investment Challenge. Over the last several years, Lipscomb’s TVA investment team has placed first or second in the country, competing with teams from Vanderbilt, Georgia Tech and neighboring Belmont University.

Demand for Lipscomb's accounting students remains strong, with 100% job placement within one month of graduation for the past three years. Opportunities exist in these markets:

  • Public accounting, at both the Big Four, regional, and local firm level
  • Industry, in tax, internal audit, or financial reporting departments
  • Government, in audit, tax, or accounting departments

Concentration Coursework

The Tennessee State Board of Accountancy requires CPA exam candidates to complete 150 hours of education, with specific requirements in both accounting (30 hours) and business (24 hours). Interested students should seek specific advising from Lipscomb’s department of accounting to plan a schedule, which enables the student to meet all state board requirements.

  • MBA/PMBA students pursuing this concentration must take three of the following courses, which are also offered as part of Lipscomb’s Master of Accountancy (MAcc) program:
  • MAcc 6003 Corporate Governance and Internal Control
  • MAcc 6203 Advanced Tax
  • MAcc 6303 Accounting Theory and Research
  • MAcc 6403 Advanced Accounting
  • MAcc 6503 Current Developments in Accounting
  • MAcc 660V Independent Project or Research
  • MAcc 6723 Investment Valuation
  • MAcc 6743 Investment Fund Management
  • MAcc 6753 Financial Statement Analysis
There is an increasing demand for qualified accountants, not only in the U.S., but also in global markets. The lack of qualified accountants to meet the demands of the marketplace has improved the compensation benefits and other perquisites for these accountants. For those accountants with an advanced degree, the picture is even rosier.
David Costello ('64), President and CEO, National Association of State Boards of Accountancy

Concentration coursework is offered on weeknights during the October, March and June terms.

For more information about the Lipscomb MBA with an accounting/finance concentration, contact Perry Moore at perry.moore@lipscomb.edu. Additionally there is an online catalog with the most current course descriptions, prerequisite information, and faculty profiles.

In-program concentration classes are offered at times which fit into the program schedule, on weekends or nights during the October, March, and June terms.

Conflict Management

Conflict Management Concentration

 

The Lipscomb MHR and MBA/PMBA with a conflict management concentration is a joint partnership with the College of Business and Lipscomb’s Institute for Conflict Management (ICM) and is the first of its kind in the Nashville area. The partnership provides an unparalleled educational experience.

Lipscomb’s ICM was launched in 2006 by Dr. L. Randolph “Randy” Lowry, also founding director of the internationally acclaimed Straus Institute at the Pepperdine University School of Law, to provide graduate level education in the rapidly growing field of dispute resolution. Conflict management specialists from across the country make up the faculty that share their experience spanning decades of professional practice in mediation, facilitation, system design and intervention in numerous conflict scenarios.

Students pursuing the Lipscomb MHR or MBA/PMBA with a conflict management concentration are business leaders who concentrate their business education in managing conflict to more productive ends. Most surveyed executives report that over 50% of their working time is spent dealing with conflict. However, few have ever been trained in how to do so. ICM exists to change that statistic and prepare executives to be strategic and effective in managing the many difficult moments that arise in business settings.

Did you know?

  • ICM at Lipscomb also offers graduate students the opportunity to take an additional six hours to complete a 15-hour Certificate of Graduate Studies in Conflict Management in addition to an MBA degree. The certificate coursework is focused on negotiation, mediation and dispute resolution in various settings as well as a clinical internship.
  • Students will earn the required 40 hours of Civil Mediation Training required under Rule 31 of the Administrative Office of the Courts for the State of Tennessee.
  • Conflict managers and mediators work in various organizations and roles such as government, healthcare, labor relations, human resources, change management, development, education, private practice, consulting, and international business.
  • U.S. News & World Report named “Mediator” in its 2009 Top 10 Best Jobs issue.
The West Coast has Pepperdine’s Straus Institute. The East Coast has Harvard’s Negotiation Project. And, the Third Coast has Lipscomb’s Institute for Conflict Management.
Jack Waddey, Waddey & Patterson, P.C., Nashville, Tenn.

Concentration Coursework

ICM 5003 Survey of Conflict Management
This course is designed to offer a basic introduction to the concepts, instruments, functions, and theories of modern conflict management techniques. The purpose of this introduction is to give you some of the information needed to better understand the basic personal, organizational, legal and practical problems facing the world of economic interaction today. Required course for MHR.

ICM 5013 Negotiation and Settlement Processes
This course is designed to offer a basic experiential introduction to the concepts, instruments, functions, and theories of modern negotiation. The purpose of this introduction is to give you some of the information needed to better understand the basic dynamics of interpersonal, business and legally related negotiation. Required course for MHR and MBA/PMBA.

ICM 5023 Mediation
This course is designed to offer a basic introduction to the concepts, instruments, functions, and theories of mediation. Both court annexed and private mediation will be introduced for the purpose of understanding when this approach to conflict resolution is the preferred tool. The purpose of this introduction is to give you some of the information needed to better understand the basic dynamics of successful mediation. Required course for MHR and MBA/PMBA.

ICM 5033, ICM 5043, ICM 5053 – Conflict Management in Industry Settings
These courses are designed to offer a basic introduction to the concepts of collaboration and conflict resolution in specific industry settings. Required course for PMBA. Concentration option for MBA third course.

ICM 5073Conflict Management Clinical Internship
This course is designed to offer a relevant experience in the application of learned skills to the unpredictable work world in which they must be tested. Concentration option for MBA third course.

Out-of-program concentration coursework is offered primarily on weekends and may be offered at times that conflict with core classes. Check with the Institute for Conflict Management for a class schedule.

For more information about the conflict management concentration, visit the online catalog with the most current course and prerequisite information, and faculty profiles. For more information on the Institute for Conflict Management, call 615.966.2502 or visit icm.lipscomb.edu.

Health Care Informatics

Health Care Informatics Concentration

The U.S. Department of Health and Human Services has mandated a national health care information infrastructure, including electronic health records, by 2014. This has created significant demand for leadership and prompted Lipscomb University to develop this one-of-a-kind in Nashville MBA/PMBA degree with a concentration in Health Care Informatics.

This emerging discipline facilitates the acquisition, storage, retrieval and use of health data in order to improve the quality of care, reduce cost of care, provide more timely, better health treatment and improved outcomes.

The Health Care Informatics concentration provides knowledge and skills needed to enhance quality, safety, efficiency and patient-centric health care delivery. It trains health care leaders, educators and innovators who will drive the evolution of clinical systems now and in the future.

The Health Care Informatics Concentration connects you to Lipscomb University’s valuable and extensive health care industry network, highly qualified faculty and global outreach programs for a positive career impact. Health care is only growing in America with our aging population, and those with specialized advanced degrees in health care will have a strong competitive advantage.

Did You Know?

  • More than 250 health care companies have operations in Nashville and work on multi-state, national or international basis, with more than 300 professional service firms providing expertise in the health care industry, according to the Nashville Healthcare Council data
  • Health care professionals and health care management and support staff are ranked as the #2 & 3 jobs in Fortune’s 10 Hot Careers for 2012—and Beyond
  • Professionals who understand the inter-relationship between people, health, health care, and information technology are in great demand
  • The median annual wage for a management-level health care professional is $81,850

Concentration Coursework

HCI 5103 Introduction to Health Care Informatics
This course surveys the fundamental concepts and activities of information technology as applied to health care. This course will introduce the student to the software development life cycle; human factors issues in health care informatics; critical issues affecting the development and implementation of information and communication systems and technologies, professional practice trends and explore some of the emerging information and communication technology in health care (CPOE, eMAR, barcode medication administration systems, e-Prescribing, etc.)

HCI 5013 Information Systems Management
The role of Information Systems within the organization and how they can be used to make operations more efficient, save time and energy, will be discussed. In addition, the methods to use these strategically are evaluated. The use of critical thinking skills to explore methods of using information systems to increase productivity and, if necessary, as the competitive advantage will be a large component of this course.

ISEC 5113 Introduction to Information Security
This course is designed to communicate the fundamental concepts of risk based Information Security Planning and introduce to the student the importance of securing all aspects of the organization. This includes everything from the Physical plant, to human resources, to databases, networks and all communications that concern the transmission of data/information.

We’re witnessing something that’s never been done before: a national transformation in how we store and share health information, all happening in a matter of years.
Kathleen Sebelius, Secretary of the Health & Human Services Department, April 19, 2012

MITM 5023 Data and Knowledge Management
The focus of this course is data management: modeling, using, securing and sharing organizational data resources. Business Intelligence: applications and technologies for gathering, storing, analyzing and providing access to help enterprise users make better business decisions. Knowledge management: effective deployment of technology, organizational practices and processes to increase an organization's return on its knowledge capital.

HCI 5003 Decision Support Systems
This course explores the history, evolution and current applications of decision support. Emphasis is on the unique challenges of data representation and information retrieval techniques that are foundational to decision support systems.

*Courses are offered on weekends and may be offered at times that conflict with core classes.Check with the College of Pharmacy and Health Sciences for a class schedule.

For more information about the Lipscomb MBA/PMBA with a health care informatics concentration, visit the online catalog with the most current course and prerequisite information, and faculty profiles. You can also visit the College of Pharmacy and Health Sciences.

Health Care Management

Health Care Management Concentration

 

As more Americans gain access to medical care under the new federal healthcare law, more management-level professionals will be needed to administer an expanding patient population. More than ever, health care professionals will need the training required to navigate the changing landscape of health care in America. Professionals who can offer strong business management skills and a competent grasp on industry practices and trends will have an advantage in this competitive field.

If you want to advance your career in health care management or, if you aspire to enter this rapidly growing field, an MBA/PMBA with a health care management concentration at Lipscomb is an excellent means to achieving your goals. Lipscomb enjoys the unique position of offering this program in Nashville -- one of the most dynamic and profitable health care centers in the world. Combining Lipscomb’s valuable network in the local health care industry with a highly qualified faculty, this valuable educational experience offers a distinct advantage to those with an eye on the top administrative jobs in healthcare institutions locally and globally.

Did you know?

  • According to data from the U.S. Bureau of Labor Statistics, the medical/health care management field is projected to grow 22% by 2020, faster than the average for all occupations.
  • The median annual wage for management-level health care professionals is $84,270, while the mean is $98,460.
  • An MBA/PMBA with a health care management concentration prepares leaders for opportunities across every conceivable aspect of health care - nursing administration, business department, laboratory management, EMS services management, security, data and records administration, research, education, marketing, recruitment, human services, and more - from department heads to chairman of the board, the career options are limitless.
  • More than 250 health care companies have operations in Nashville and work on a multi-state, national or international basis, with more than 300 professional service firms providing expertise in the healthcare industry, according to Nashville Health Care Council data.
"The health care industry will continue to expand and diversify, requiring managers to ensure smooth business operations."
Bureau of Labor Statistics, Occupational Outlook Handbook

Concentration Coursework

BU 6303 Health Services Management
This course will expose students to a range of operational health care topics to include leadership, organizational behavior, strategy, and process improvement. The reference material used in the class will mostly be from primary sources such as executive interviews, case studies, and guest lecturers.

BU 6313 Contemporary Issues in Healthcare
This is an issues-oriented course that will provide the student with a broad background of information on current issues emerging and impacting the health care industry. Topics will include key trends and regulatory conditions confronting health care today from a policy, management, technology, and reform perspective. The topics will vary from semester to semester depending upon which issues are dominating the health care landscape at the time, or seen to be imminent for legislative renewal or reform. Awareness levels of students will be enhanced through classroom participation, presentations, projects and guest lecturers. Prerequisites: BU 6323 - The U.S. Healthcare System

BU 6323 The U.S. Health Care System
This course will identify and examine the various services and organizations that impact the current health care delivery system in the United States. The class focuses on gaining an understanding of how these varying organizations and services come together to create the health community of the U.S. while also challenging students to creatively assess ways the system can be changed and improved to enhance health care service delivery. Through study, research and experimental learning students will learn how the various components of the U.S. health care system functions and what professional opportunities may be available for students to pursue in the future. Prerequisites: None.

Concentration coursework is offered on weekends during the October, March and June terms.

For more information about the Lipscomb MBA/PMBA with a health care management concentration, visit the online catalog with the most current course and prerequisite information, and faculty profiles.

Information Security

Information Security Concentration

A recent article in the ISACA Journal (Information Systems Audit & Control Association) references a special report from Forbes – indicating that 11.2 million people were victims of identity theft or a related fraud in 2009—at an estimated cost of US $54 billion. The cost affects businesses, private citizens and the government. The article further says: “Welcome to the world of information—where every bit of data has an associated financial quotient, which is what motivates intruders.”

The expansion of information security regulations, public awareness of security breaches and advances in techno-crime has directly impacted the growing need for information security management expertise. Companies are expanding their emphasis on security as regulations and breaches occur in the digital age.

The threat to privacy and the need for knowledgeable management and expertise is growing. A Lipscomb MBA/PMBA with an Information Security concentration blends the management skills of the MBA core with the specialized skill of information security. It delivers a distinct advantage to those who want to be a part of this advancing industry.

Did You Know?

  • There are 500,000 IT jobs unfilled nationally with 1,100 unfilled in Middle Tennessee alone
  • IT and related industries are expected to grow 53% by 2018
  • As businesses are being required to become compliant with more and more legislation mandating compliance, leaders in the Information Security areas are being promoted to higher levels in business than was happening previously
  • In the information-based business environment, business professionals who are competent in information security or information security professionals who understand business are in great demand

Concentration Coursework

ISEC 5113 Introduction to Information Security
This course is designed to communicate the fundamental concepts of risk based Information Security Planning and introduce to the student the importance of securing all aspects of the organization. This includes everything from the Physical plant, to human resources, to databases, networks and all communications that concern the transmission of data/information.

ISEC 5123 Risk Assessment and Mitigation Planning
This course will address how risks are fully identified and understood in an organization. From this foundation mitigation strategies can be developed. Risk assessment addresses both the process of identifying vulnerabilities and threats as well as the probabilities of their occurrence and potential impact.

ISEC 5223 Business Continuity and Disaster Recovery Planning
This course addresses specifically the maintenance of information and the processes of how to continue in business in the face of a data loss and how to plan for the recovery in the event of such a loss.

Because so much business is carried out over computer networks, security will continue to be an important issue for businesses and other organizations, and will lead to strong growth for computer managers. Firms will increasingly hire security experts to fill key leadership roles in their information technology departments because the integrity of their computing environments is of utmost importance.
Bureau of Labor Statistics
The demand for Information Security specialists is only growing greater and will increase exponentially in the next five years.
Paul Connelly, CISO of Hospital Corporation of America

Courses are offered on weekends and may be offered at times that conflict with core classes.Check with the School of Computing & Informatics for a class schedule.

For more information about the Lipscomb MBA/PMBA with an information security concentration, visit the online catalog with the most current course and prerequisite information, and faculty profiles. You can also visit the School of Computing & Informatics.

Leadership

Leadership Concentration

 

Today’s business culture is in need of leaders who model integrity, competency, and ethics. Lipscomb’s MBA program has been producing just such a leader from its inception in 1999. Leadership is consistently the most popular focus of both our MBA and PMBA students.

Lipscomb’s approach to leadership is modeled after servant leadership. The leadership concentration is intentionally designed to incorporate ethics and values so a student is able to learn to identify and cultivate a values-based business environment. Leadership is built on the principle of doing the right thing.

In today’s complex and global business environment, leaders need to be able to utilize all of an organization’s resources to gain and sustain a competitive advantage. The leadership concentration prepares students to think systemically about aligning an organization’s strategy, goals and objectives with its mission, vision and values.

Offered at both the Cool Springs location (Spark) and the main campus, the leadership concentration curriculum is engaging, interactive, and integrates both knowledge and skills. Instructors in the program are not only academically qualified to facilitate a great learning experience, but also have years of organizational and business leadership experience. Faculty members have held titles such as Regional Director, Director of Human Resources, and CEO, and have worked for General Motors, the U.S. Army, The Tennessean and the U.S. Air Force. Students often comment on how the experience of the professors has helped them to understand the application of practical solutions to business issues.

Did you know?

According to the Center for Creative Leadership, today’s challenging times underscore the importance of effective leadership. Layoffs, early retirements, and dramatically changing market realities are adding another layer of complexity to companies’ understanding of what they need in terms of talent. Findings from a study conducted between 2006 and 2008 showed that crucial leadership skills in today’s organizations are, in fact, insufficient for meeting current and future needs.

To set yourself apart in a competitive and volatile economic environment, effective and ethical leadership skills are essential for job security and challenging career opportunities.

Concentration Coursework

MHR 6023 Organizational Development
This course addresses the fundamental concepts of organizational development. Students are exposed to both theoretical and practical information that is very critical when altering work processes, organizational culture, and large-scale systems. Projects and case studies provide students hands-on experience designing, implementing, and analyzing assessment tools in the work environment. Additionally, students learn how to develop and successfully integrate strategic organizational change initiatives.

BU 6503 Leading Teams and Groups in Organizations
Teams and work groups have become a design and structural choice of organizations as a response to performance pressures for speed, cost, quality, and innovation. This course is a study designed to examine models, concepts, art, and science of how teams work in organizations. The problems of team development in bureaucratic and matrix organizations will be reviewed. The course will provide guidelines and principles for designing team-based organizations. The class will be organized into teams and use cases to examine issues of organizational structures, systems, processes, culture, and strategies. Current best practices books will be reviewed and shared.

ICM 5013 Negotiation and Settlement Processes
This course is designed to offer a basic experiential introduction to the concepts, instruments, functions, and theories of modern negotiation. The purpose of this introduction is to give you some of the information needed to better understand the basic dynamics of interpersonal, business and legally related negotiation.

Concentration coursework is offered on weeknights and/or weekends during the October, March and June terms.

For more information about the Lipscomb MBA/PMBA with a leadership concentration, visit the online catalog with the most current course and prerequisite information, and faculty profiles.

Nonprofit Management

Nonprofit Management Concentration

 

As the only graduate business degree of its kind in the area, the Lipscomb MBA/PMBA with a nonprofit management concentration blends the management skills of the MBA core with the specialized examination of the nonprofit sector. This valuable combination of skills and knowledge provides an understanding of the landscape to those who will work in the industry and those who will serve as board members and advisors to nonprofit organizations.

Career opportunities abound in the nonprofit industry, and nonprofit companies and boards are always looking for individuals who hold advanced degrees. Nonprofits have long expected their senior management to hold advanced degrees, and boards are well aware of the benefits an MBA recipient can bring to their organizations. The opportunities are countless: from multi-billion dollar international operations to small local agencies, working in the areas of human and social services to education, healthcare, the environment, the arts and more – working in the nonprofit sector can offer a wide array of career possibilities.

Did you know?

  • To further challenge future leaders to give back to their communities and to our world at large, Lipscomb supports the development of nonprofit leaders through a 25 % scholarship for all students pursuing this concentration. This opportunity aligns with the values of Lipscomb University as a university that promotes servant leadership and Christian values.
  • According to a 2009 survey by The Bridgespan Group, there is a “leadership deficit” for nonprofit organizations. The survey’s report, Finding Leaders for America’s Nonprofits, also notes that traditional business skills are critical for nonprofit organizations. The specific skills listed in the report are:
    • Finance
    • General Management
    • Marketing/Communications
    • Planning
    • Evaluation
    • Operations
    • Technology
    • Human Resources
The personal income of most entry-level and mid-level professionals makes it difficult for them to pursue an MBA degree. The fact that Lipscomb is willing to offer a scholarship is great. It says about a lot about their support for the program and reduces what students have to pay out of their pockets.
Dr. James Vaillancourt, senior consultant and former executive director of the Center for Nonprofit Management

Concentration Coursework

BU 6403 Introduction to the Nonprofit Sector
This course serves as an introduction to nonprofit organizations and explores their unique characteristics. Issues facing managers in the nonprofit sector will be discussed and include program planning, selecting and managing boards, fund raising, financial and budgeting challenges, and developing strategies. In addition, the nonprofit sector will be studied from a historical, social, and economic perspective.

ICM 5013 Negotiation and Settlement Processes
This course is designed to offer a basic experiential introduction to the concepts, instruments, functions, and theories of modern negotiation. The purpose of this introduction is to give you some of the information needed to better understand the basic dynamics of interpersonal, business and legally related negotiation.

BU 6413 Marketing, Fundraising and Resource Development in the Nonprofit Sector
This course investigates the range of fundraising elements in the nonprofit organization, including fundraising strategies, program management, and methods and approaches to fundraising. Included will be an examination of the process of optimizing voluntary support through effective development and implementation of capital campaigns. Other marketing efforts will be discussed including service marketing, promotional methods, and marketing management. Students will also work with a nonprofit organization on a development plan.

Concentration coursework is offered on weeknights and/or weekends during the October, March and June terms.

For more information about the Lipscomb MBA/PMBA with a nonprofit management concentration, visit the online catalog with the most current course and prerequisite information, and faculty profiles.