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Executive MBA
New Orleans EMBA - Curriculum
The first two terms in the Executive MBA curriculum provide core management fundamentals and lay the groundwork for the program. The third and fourth terms build on this foundation and emphasize strategic management and problem-solving techniques.
Operational concepts learned in Terms One and Two are integrated into the curriculum and provide executive students with the analytical and strategic skills needed to excel in top-level management positions or in managing their own businesses.
Successful completion of the curriculum earns a Tulane MBA degree. Students complete 23 courses to earn an MBA degree and can choose from eight elective courses to earn concentrations in finance or general management.
| Executive MBA Curriculum |
| Macroeconomics |
| Managerial Perspectives |
| Decision Models |
| Legal Environment of Business |
| Financial Accounting |
| Management Communication |
| Microeconomics |
| Managerial Accounting |
| Financial Management I |
| Change Management |
| Financial Management II |
| Strategy Formulation |
| Financial Statement Analysis |
| Consumer Behavior |
| Managing People |
| Negotiations |
| Leadership & Teams |
| Entrepreneurial Management |
| Pricing Strategy (elective) |
| Performance Management (elective) |
| Global Marketing (elective) |
| Topics in Managing People (elective) |
| Portfolio Theory & Management (elective) |
| Cases in Finance (elective) |
| Options & Advanced Valuation (elective) |
| Corporate Risk Management (elective) |
| Managing the Global Enterprise |
Macroeconomics - EMBA 711 introduces the theory of national income determination in relation to full employment, price stability, international trade, and economic growth. The emphasis is on macroeconomic issues for managerial decisions. Topics include the determination of interest rates, inflation, wage levels, real output growth, exchange rates, international trade patterns and how these variables impact business decision making. (2 credit hours)
Managerial Perspective - EMBA 712 provides a framework for analyzing and identifying key management issues and developing plans for action. Study focuses on identifying what managers do, what distinguishes effective management, how managers make decisions, and what makes a company excellent. (2 credit hours)
Decision Models - EMBA 622 examines the art of solving problems under uncertainty. Course topics include descriptive statistics, probability, sampling distributions, confidence intervals, hypothesis testing and simple and multiple regressions. Methods are applied to management problems drawn from marketing, finance, economics, organizational behavior, and operations management. (2 credit hours)
Managing People - EMBA 616 The course introduces students to some of the policies, practices, and procedures used to promote individual and group contributions to organizational effectiveness. The rationales as well as the assets and liabilities of such strategies are addressed. (2 credit hours)
Microeconomics - EMBA 614 examines the key aspects of markets and economic behavior as they relate to managerial decision making. The basics of market supply and demand are developed with emphasis on applications to business decision making. The determinants and role of market structure are examined in relation to business competition, market concentration, and economic efficiency. Basic concepts of strategy include learning curves, returns to scale and scope, and pricing. Students are also introduced to game theoretic topics such as bidding in private versus common value auctions, and the differences between quantity, price, and location competition. (2 credit hours)
Management Communication - EMBA 745 focuses on the different ways companies communicate with both internal and external constituencies, including employees, shareholders, regulators, the public, etc. The practical emphasis is on student exercises and includes informal individual briefings, formal group presentations, and media events during crisis situations. The course also uses video and print media extensively to illustrate good and poor communication efforts on the part of existing corporations over the past several years, including examples from the oil and chemical industries, the mining industry, the tobacco industry, the accounting/consulting industry, and the wine/beer industry. (2 credit hours)
Financial Accounting - EMBA 615 familiarizes students with key financial accounting concepts, methods and terminology and introduces the tools of financial statement analysis. The financial reporting roles of management, auditors and regulators are studied, and students learn how accounting policy choices can influence reported performance and financial position. Students develop knowledge and skills that allow them to read, interpret and analyze financial statements at a basic level and to discuss business issues in accounting terms. (2 credit hours)
Leadership and Teams - EMBA 752 The course introduces students to leadership in business organizations. Leading teams and leading during times of change are also covered. Students will study current business leaders and analyze their leadership practices. Team projects and presentations are used to illustrate team leadership. Current models of change are also discussed. (2 credit hours)
Managerial Accounting - EMBA 621applies the accounting models that support managerial decision-making in an advanced environment. Topics include cost behavior, cost-volume profit analysis, variable costing, differential (incremental) analysis, capital budgeting (with emphasis on the sources of accounting data), and interdivisional transfer pricing. Models are applied to service and merchandising as well as manufacturing environments. (2 credit hours)
Consumer Behavior - EMBA 623 analyzes the market-driven corporation with respect to the marketing mix (product, promotion, price and distribution strategy) as it applies to consumer and industrial goods and services in the private and public sectors. Emphasis is placed on the application of the marketing mix through real-world projects. (2 credit hours)
Financial Management I - EMBA 626 This course provides a rigorous introduction to the field of financial economics. The first section of the course develops an analytical understanding of the time value of money concept, and applies it through basic techniques for the valuation of stocks, bonds, and investment projects. Various capital budgeting rules are also discussed in this section. The second section focuses on capital markets including the statistical concepts of covariance and diversification and the capital asset pricing model. The third section introduces capital structure policy and discusses the impact of the different financing choices on risk and required return on firm's equity. This section also introduces the notion of weighted average cost of capital. (2 credit hours)
Change Management - CMBA 741 - examines the key aspects of leading a successful organizational change. The course analyzes both successful and unsuccessful change management efforts. The course will build a framework for leading a successful organizational change. (2 credit hours)
Financial Management II - EMBA 627 This course builds directly on the material covered in Financial Management I. The course focuses on the key policy decisions made in corporate finance and discusses their impact on firm and shareholder value. The course will include an in-depth analysis of firms' financing choices and capital structure and their role in capital budgeting decisions. The course also introduces the different discounted cash flow valuation techniques for the valuation of corporate cash flows. The last third of the course focuses on options, option pricing, and applications of option pricing in corporate finance including warrant and convertible bond valuation. (2 credit hours)
Strategy Formulation - EMBA 631 increases understanding of the functions and responsibilities of general management. It examines the problems that affect the character and success of an entire enterprise, whether an entrepreneurial venture or a multinational conglomerate. (2 credit hours)
Financial Statement Analysis - EMBA 739 Explores the principles and techniques for understanding and interpreting financial statements, including statement comparability, income measurement and disclosure, cash flow analysis, ratio analysis and the disaggregation of ratios, quality of earnings, account analysis, and footnote disclosures. The financial relationships of the accounting model are applied to published financial statements. Cases are used extensively. (2 credit hours)
Legal Environment of Business - EMBA 646 introduces the basic concepts of contracts, labor laws, discrimination, torts, partnership, corporations, securities, and bankruptcy and gives students an understanding of the relationships between parties in a typical business setting. Tax consequences relative to various entities used in business transactions are also examined. (2 credit hours)
Negotiations - EMBA 732 explores the behavioral processes and phenomena which are inherent in virtually all types of negotiations. Emphasis is on systematic preparation of a negotiating strategy. In-class negotiation exercises and extensive debriefings are used by participants to test and evaluate their strategies and tactics. (2 credit hours)
Entrepreneurial Management - EMBA 746 conveys skills and modes of analysis that will be used directly in initiating or acquiring, managing, and harvesting a new venture. Concepts are also applicable to venturing within an existing corporation. Students will be expected to apply tools and theories learned in functional area core courses and additional knowledge gained from this class to the analysis of cases, a venture feasibility analysis process, and the formulation of a business plan. (2 credit hours)
Managing the Global Enterprise - EMBA 709 focuses on the structure and processes of management, particularly those of a global organization, and simulates upper-level management activities of the global enterprise. Course objectives include developing an integrated understanding of strategic and operational decision-making in a global enterprise from a general management perspective. (4 credit hours)
General Management Option:
Performance Management - EMBA 000 is an advanced-level seminar designed to provide practicing managers and students an in-depth understanding of the issues involved in performance planning and management, with special emphasis on performance appraisal and related issues. Topics that will be covered include goal-setting, feedback, establishing and communicating performance standards, supervisor-subordinate relationships, the rating process, and linking individual performance to the financial and operational performance of the company. (2 credit hours)
Topics in Managing People - EMBA 000 In this course, students will be asked to develop and implement a performance improvement project in their organization or department. This change initiative can be at the macro or micro level and be based on concepts learned in one or more of the functional areas you have studied. This performance improvement program should be a serious effort to improve a company or department's performance. To assist in designing and implementing this program, this course will provide a foundation in the skill areas necessary for developing, selling and executing a performance improvement project. The first step will be to develop a performance improvement project and to support students in that effort we will study time management and creativity. The next step will be to sell the performance improvement project and we will study skills related to empowering and influencing others to assist in this step. We will end the course by examining the topic of project execution and study teams and motivation. The information we study in each of the six skill areas we cover in this course will provide the management tools students need to successfully design and execute any performance improvement project. (2 credit hours)
Pricing Strategy
Description forthcoming (2 credit hours)
Global Marketing - EMBA 748 includes case studies, group projects, and presents a framework for formulating and implementing international marketing strategies. The marketing decision process is studied in an international context. (2 credit hours)
Finance Option:
Cases in Finance - EMBA 737 Through case analysis, this course explores ways to value different types of business enterprises. The course emphasizes discounted cash flow methods of valuation, though other methods, such as the method of multiples, the venture capital method, and real options are also introduced. Students develop and practice valuation skills, such as financial forecasting, cash flow measurement, discount rate estimation and continuing value calculation. In addition, students work with a variety of corporate situations, such as LBO's, IPO's, spin-offs, and mergers, in which valuation plays a key role. (2 credit hours)
Portfolio Theory & Management - EMBA 751 This course is concerned with the choice of investment strategies with differing risk/return characteristics, in the presence of uncertainty. We will examine the risk/return characteristics of both equities and fixed-income instruments. We will begin by looking at the market structure within which equities are traded, how market indexes are derived, and the various styles of professional asset management. Within the context of fixed-income investments, we will discuss the various theories of the term structure of interest rates, how to derive implied forward rates, and how to measure and manage interest rate risk using duration and convexity. Interest rate futures, options and swaps will also be discussed as instruments for managing interest rate risk in a fixed-income portfolio. Finally, we will discuss several equity valuation measurements and the concept of market efficiency. Empirical evidence for and against efficient markets will be examined, and the basic tenants of Behavioral Finance will be introduced. (2 credit hours)
Options & Advanced Valuation - EMBA 761 This course will develop state-of-the-art quantitative tools for evaluating large, complex investment projects that cannot be evaluated in a satisfactory manner with standard discounted cash flow techniques. Issues covered include risk-adjusted probability measures and an introduction to modeling project cash flows as financial options. The course will also address financing and distribution policies and restructuring strategies with a special focus on the energy industry. The second half of the course will include valuing capital projects using discrete time and continuous time option pricing models. Special attention will be paid to actual and strategic real option problems in energy finance such as off-shore exploration and power plant management. (2 credit hours)
Corporate Risk Management - EMBA 762 Corporations face a variety of external risks in addition to the usual business risks of their chosen fields of operation. This course will cover a broad range of topics pertaining to corporate risk management, including exchange rate risk commodity price risk, and to a lesser extent, interest rate risk, and related topics such as default risk, liquidity risk and political risk. The focus will be on the financial risk faced by corporations arising from the price volatility of fundamental risk factors -- what it is, how it's assessed, whether it should be managed, and how it should be managed. Contemporary risk assessment techniques such as VAR (value-at-risk) will be studied. Students will be introduced to the standard toolkit of risk management instruments, which consists of forwards, futures, options and swaps, and to innovative techniques and instruments for managing corporate financial risk. A combination of lectures and case studies will be used to provide a rigorous yet thoroughly applied perspective on the topics covered. (2 credit hours)
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