Master of Management (M(Mgt)) and Master of Science in Management (MSc(Mgt)) Degree Programs

 

The Faculty of Business Administration offers two programs leading to graduate degrees in: Master of Science in Management and Master of Management.

MASTER OF SCIENCE IN MANAGEMENT DEGREE (MSC(MGT))
The Master of Science in Management Program is designed for students with a four-year undergraduate Commerce or Honours Business degree. The objectives of the MSc(Mgt) program are:
1. to extend the student's knowledge of management as a profession;
2. to provide students with advanced research and analytical skills;
3. to prepare students for research-oriented positions in their chosen profession; and
4. to prepare students for entry into doctoral programs.

The duration of the program is12 months (3 terms).

MASTER OF MANAGEMENT DEGREE (M(MGT))
The Master of Management Program is targeted to non-business graduates seeking knowledge knowledge of management in the context of their chosen discipline. The primary goals of the program are to develop students' analytical, decision making and communication skills and to expand their knowledge of effective management practice. Graduates will be able to apply appropriate research and statistical procedures in the organization's decision making processes. In addition, graduates will be capable of applying appropriate leadership and management practices and procedures in organizational settings. The key functional areas of business management will be covered in the program. Overall, the program prepares the graduates for successful careers in management.

The duration of the program is12 months (3 terms).

 

ADMISSION REQUIREMENTS

In addition to the general admission requirements for Graduate programs, page 267, the following minimum requirements also apply:

For the Master of Science in Management program:
a. four year business degree or three year business degree plus five additional full-course equivalents (10 half-courses at the second year level or higher; a minimum of six must be in business at the third or fourth year level, and not already used for any degree considered for admission into this program),
b. GMAT with minimum score of 500, or GRE General Exam with minimum combined score of 1000,
c. one half-course in Statistics.

For the Master of Management program:
a. four year non-business degree or three year non-business degree plus five additional full-course equivalents (10 half-courses at the second year level or higher; a minimum of six must be at the third or fourth year level in the non-business degree field, and not already used for any degree considered for admission into this program),
b. GMAT with minimum score of 500, or GRE General Exam with minimum combined score of 1000,
c. one half-course in Statistics.

Application deadline is February 1. Late applications will be considered for admission, but may not be eligible for funding. Meeting the above minimum requirements does not guarantee admission to the program(s).

ACADEMIC REGULATIONS

In addition to the Graduate Studies Regulations outlined on pages 283-285 of this calendar, Business Administration students are also bound by the regulations listed below.

Advanced Standing Credit

In the one year MSc (Mgt) and M (Mgt) programs, all course requirements must be satisfied by courses offered by Lakehead University once the individual has been admitted to one of the programs. Advanced standing may be credited prior to admission on the basis of current Graduate Studies Regulations as approved by Senate.

Period of Study

As an exception to the Period of Study listed in the Graduate Studies Regulations, pages 307-309, the duration of the program is 12 months (3 terms).

Students in the Master of Science in Management and the Master of Management programs will complete the requirements within one of the following time limits from the time of first registration:
1. Students will complete the program within four graduate terms (16 months) of continuous full-time registration.
2. Students may be permitted to complete the program within four years of continuous part-time registration.

 

PROGRAMS


I. Master of Science in Management MSc(Mgt)

A. Thesis Route

The Master of Science in Management thesis track consists of three full-course equivalents (six half-courses), a non-credit Professional Orientation course, plus a thesis (two full-course equivalents) for a total of 5 FCEs. The courses are:

(a) Non-Credit Required Course:
Business 5000 - Professional Orientation (non-credit)
(b) Required Courses:
Business 5011 - Management Theory
Business 5056 - Research Methods
Business 5076 - Quantitative Analysis in Management
Business 5211 - Current Issues in Management
(c) A half-course chosen from the following list of Business Seminar Alternatives:
Business 5036 - Seminar in Operations and Supply Chain Management
Business 5054 - Seminar in Marketing
Business 5079 - Seminar in Financial Theory and Practice
Business 5212 - Seminar in Accounting Issues
Business 5238 - Seminar in Human Resources Management
(d) A half-course graduate elective chosen from (c) above (or a half-course, in another program in the Faculty of Graduate Studies, that complements the thesis topic), chosen in consultation with the supervisor
(e) Business 5901 (9901) - Master's Thesis

The topic of the thesis must be determined in consultation with the student's supervisor by the beginning of the second term of registration.

B. Research Project Route

The Master of Science in Management research project track consists of three and one-half full-course equivalents (seven half-courses), a non-credit Professional Orientation course, plus a two-part research project (one and one-half full-course equivalents) for a total of 5 FCE's. The courses are:

(a) Non-Credit Required Course:
Business 5000 - Professional Orientation (non-credit)
(b) Required Courses:
Business 5011 - Management Theory
Business 5056 - Research Methods
Business 5076 - Quantitative Analysis in Management
Business 5211 - Current Issues in Management
(c) Two half-courses chosen from the following list of Business Seminar Alternatives:
Business 5036 - Seminar in Operations and Supply Chain Management
Business 5054 - Seminar in Marketing
Business 5079 - Seminar in Financial Theory and Practice
Business 5212 - Seminar in Accounting Issues
Business 5238 - Seminar in Human Resources Management
(d) A half-course graduate elective chosen from (c) above (or a half-course, in another program in the Faculty of Graduate Studies, that complements the project), chosen in consultation with the supervisor
(e) Business 5711 - Management Research Project I
(f) Business 5801 (9801) - Management Research Project II

The topic of the research project must be determined in consultation with the student's supervisor by the beginning of the second term of registration.

 

II. Master of Management M(Mgt)

A. Research Project Route

The Master of Management research project program consists of five full course equivalents (ten half-courses), a non-credit Professional Orientation course, plus a two-part research project (one and one-half full course equivalents) for a total of 6-1/2 FCE's. The courses are:

(a) Non-Credit Required Course:
Business 5000 - Professional Orientation (non-credit)
(b) Required Courses:
Business 5012 - Accounting for Managers
Business 5013 - Management Information Systems
Business 5016 - Operations Management
Business 5018 - Management Theory and Practice
Business 5034 - Marketing Management
Business 5038 - Managing Human Resources
Business 5039 - Managerial Finance
Business 5056 - Research Methods
Business 5071 - Strategic Management
(c) A half-course graduate elective in Business (or a graduate half-course in another program in the Faculty of Graduate Studies, that complements the project), chosen in consultation with the supervisor.
In the event an M(Mgt) student wishes to take an MSc(Mgt) seminar course, the student must first successfully complete the M(Mgt) course in the same discipline:
Seminar Prerequisite
Business 5036 Business 5016
Business 5054 Business 5034
Business 5079 Business 5039
Business 5212 Business 5012
Business 5238 Business 5038
(e) Business 5712 - Applied Management Project I
(f) Business 5802 (9802) - Applied Management Project II

The topic of the research project must be determined in consultation with the student's supervisor by the beginning of the second term of registration.

 

GRADUATE COURSES

Courses not offered this academic year (fall/winter terms) are indicated by the words "NOT OFFERED THIS YEAR" below the course description. Nevertheless, students should refer to the Timetable as a final check.

The following courses are offered for the Master's programs.

(Information about Course Numbering System)

 

Business 5000
Professional Orientation
Grade Scheme: Pass/Fail
This one-week intensive required course serves as the introductory platform for all Graduate Management students. Specifically, students will be introduced to contemporary theory and practice of successful managers through guest lecturers, case analysis, scholarly readings and team building. The course will be team-taught by a variety of the core graduate faculty who will offer diverse perspectives on management theory and specific business functions.
A required non-credit course.

Business 5011
Management Theory
Provides an overview of management history and theory, schools of management thought, the functions and processes of management, and the environment within which the modern manager operates. To develop an understanding of how modern management theory evolved. The content is aimed to develop a critical understanding of the scholarly purposes of different theories, to help participants to apply these theories in formulating their own research, and to promote understanding of the interdisciplinary nature of management theory. The course will provide a historical background of the emergence of the field of management theory, and map the terrain of the theory along levels of analysis (like micro, macro and meso), along the lines of disciplinary backgrounds and influence of multiple disciplines such as sociology, psychology, economics, anthropology and art.

Business 5012
Accounting for Managers
Introduces the fundamental accounting skills required by managers, including the analysis of financial accounting statements, the use of accounting information in both short-run and long-run decisions, and an understanding of the impact of management control systems on the organization. Part one of the course reveals the principles and concepts underlying accounting information, the process of developing such information, and how the information is used outside the firm. Part two explores the use of internal accounting information for decision making by managers. Product costing, cost behaviour and budgeting are included. Basic concepts are learned through application to case materials.

Business 5013
Management Information Systems
Presents a systems approach to managing essential information technologies including distributed systems, telecommunications, information resources, and operations; explores systems for supporting decision making, collaboration, and knowledge work. A conceptual framework to understand and manage emerging technologies and issues will be included.

Business 5016
Operations Management
Addresses the management of operations in manufacturing and service organizations. A broad range of mathematical models and tools applied by operations management in making better decisions will be covered. The role of information technology in supporting operations decisions will be discussed.

Business 5018
Management Theory and Practice
Provides students with both a theory and application-based perspective for interpreting, critiquing and applying contemporary management thought and practice in their roles as managers. Specific emphasis is placed on the functions of management related to the planning, organizing, decision-making and controlling of organizational activates. The overall aim of this course is to provide a comprehensive overview of the dynamic relationships which exist between the many interacting components which comprise the whole organization (i.e., goals, structure, technology and the relevant external environment) through the use of class discussions, case studies and application to current events.

Business 5034
Marketing Management
Conveys the key concepts of marketing and how they "fit" into the larger context of management strategy and decisions. Both the practical "how" and the fundamental "why" of marketing activities are presented in the light of contributions from behavioural science, economics and statistics. The goal is to communicate concepts and develop thought processes that can provide the foundation for further course work and future experience in marketing and also to provide sufficient understanding for those who will only need interaction with the marketing function and its managers.

Business 5036
Seminar in Operations and Supply Chain Management
Provides students with the "state-of-the-art" knowledge of operations management concepts as well as the most widely used tools and methods to efficiently and effectively design and manage production and distrSpecial emphasis will be on supply chain management, which encompasses all of those activities associated with the movement and transformation of goods from the raw-materials stage through to the end user. The course will focus on how to develop an integrated infrastructure that coordinates and integrates all of the activities within and between organizations into a seamless process.

Business 5038
Managing Human Resources
Exposes students to key knowledge, skills, and attitudes in managing human resources that are considered critical to managerial success. Topic areas include understanding what the successful manager needs to know about the personal self, communicating effectively, managing change, evaluating performance, counseling and training. Significant amounts of classroom time will be devoted to application of key concepts, case studies and group discussions.

Business 5039
Managerial Finance
An introduction to the basic concepts of financial management, with a special emphasis on portfolio management and theoretical foundations of modern financial economics. Topics covered include financial instruments, institutional framework within which they are traded and an analysis of stock, bond and derivative valuation. The capital asset pricing model, market efficiency, the tradeoffs between risk and return, and techniques for the evaluation of portfolio performance will also be analyzed.

Business 5051
Contemporary Management
Provides students with both a theory and applied-based perspective for interpreting, critiquing and applying contemporary management thought and practice in their roles as managers. Through the study of classic management works published during the 20th century and contemporary management behaviours, students become better prepared to recognize the applicability of emerging management theory and trends.

Business 5054
Seminar in Marketing
Introduces the students to recently developed methodologies and management science models for improving marketing-decision effectiveness. Model development and scientific process as applied in marketing decision-making is emphasized. After an introduction to the role of models in analyzing and solving marketing problems, the seminar covers the major scientific tools for structuring marketing problems in quantitative model form and the calibration of such models. Micromarketing decision models that incorporate the individual elements of the marketing mix are reviewed, including marketing planning models that are integrated for marketing-mix decisions, product line planning and market structure analysis. The concept and application of a marketing decision support system will be developed.

Business 5056
Research Methods
Provides a basic understanding of the research process and knowledge of the methods that will be required in design and execution of scientific research projects to answer business problems. Some of the cornerstone topics of this course will be theory construction, measurement, reliability and validity, questionnaire and interview design. Various qualitative and quantitative research methods will also be addressed.

Business 5071
Strategic Management
This integrative capstone course takes a top management perspective and examines the basic content and process model of strategic management: analysis, formulation and implementation. The course also allows students to extend their thinking by applying and discussing other competing models that may add insight to examples of strategic management thinking and practice. The overall aim of the course is for students to appreciate, and to gain experience with the integration of the various elements of good strategic management theory and practice. The desired result of this integration is to be an attractive, coherent whole that benefits all of the organization's stakeholders. Learning is demonstrated by application of basic theory to a range of case studies, literature review of emergent theory, class discussions, and individual and team written submissions and verbal presentations.

Business 5076
Quantitative Analysis in Management
The use of quantitative techniques for management decision making with applications in business. The course is concerned with the theory and application of mathematical and statistical tools in the modeling and analysis of business problems. The content includes topics in decision analysis, mathematical programming, statistical forecasting models, statistical decision support modeling, and data analysis.

Business 5079
Seminar in Financial Theory and Practice
Students will become informed of selected important issues in financial theory and practice such as capital markets consumption and investment decisions, agency problem, capital budgeting techniques, pricing contingent claims, insider trading, dividend policy, mergers and acquisitions, and international financial management.

Business 5211
Current Issues in Management
An exploration of the current issues in management that aims to consolidate the current level of knowledge of management. The content will link management theory with management practices through readings, case studies, dialectic inquiry, and discussion. The role and responsibility of the manager will be emphasized. The main issues covered include ethics, governance, management of change, leadership, and diversity. The course is designed to improve managerial thought and skills by using the assigned readings as a catalyst to draw on prior course work and/or work experiences in exploring current managerial issues.

Business 5212
Seminar in Accounting Issues
Surveys some of the more significant and widely researched aspects of financial accounting and managerial accounting. Current research in areas such as market-based accounting research and managerial decision making will be examined. Students are exposed to various philosophical, methodological and statistical concepts and issues which are basic to reading and conducting accounting research. Emphasis will be placed on strengthening the student's ability to evaluate research in a critical and reflective way.

Business 5238
Seminar in Human Resources Management
Focuses on the management aspect of human resources in order to create an environment that is conducive to maximum productivity. Participants will research and make presentations on effective strategies for attracting, retaining, training and motivating employees. Emphasis will be placed on integrating human resources theories, concepts and practices in all research and presentations.

Business 5711
Management Research Project I
Grade Scheme: Pass/Fail
May only be taken by students in the MSc Management program.

Business 5712
Applied Management Project I
Grade Scheme: Pass/Fail
May only be taken by students in the Master of Management program.

Business 5801 (9801)
Management Research Project II
Grade Scheme: Pass/Fail
May only be taken by students in the MSc Management program.

Business 5802 (9802)
Applied Management Project II
Grade Scheme: Pass/Fail
May only be taken by students in the Master of Management program.

Business 5901 (9901)
Master's Thesis
Grade Scheme: Pass/Fail


See also:
Faculty of Graduate Studies
- Information/Regulations
- Faculty of Business Administration
- Faculty

Faculty of Business Administration - Undergraduate Programs

 

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