Sponsored by:
Faculty Contact: R. Jeffrey Ellis
*Faculty contacts serve as "advisors" to those students who have an interest in the given concentration.
You should feel free to contact these faculty with questions.
Many Babson students intend to lead a business, a functional area, or become an influential consultant or analyst. These careers require an integrated understanding of business, corporate, and global strategy formulation and implementation. Strategic Management constitutes the processes by which a company, large or small, domestic or international, single or multi-business determines its long-run direction and performance by ensuring careful formulation, effective and efficient implementation, and continuous monitoring of results. The Strategic Management Concentration requires two core courses to give students an in-depth understanding of the various dimensions of Strategic Management: industry and competitor analysis, corporate strategy, multinational strategy, and strategy implementation. By offering a diverse menu of courses in other disciplines (up to two may be taken,) the concentration enables students to develop valuable capabilities for one of five career directions: (1) Strategy Consulting or Strategic Planning, (2) Information Technology Management, Human Resources, or Marketing Consulting; (3) Equity Analysis or Investment Management or (4) Management of a functional area (Finance, Marketing, Information Technology, or Human Resources). Completing a second concentration in another discipline is encouraged and one course may be double counted to both concentrations.
Requirements:
Four courses are required for the concentration of which:
two must be selected from the (a) list and
two more are selected from a (b) list of several courses from many disciplines and may include a third Strategic Management required course.
A) 2 Required Courses from:
MOB4510 Strategic Decision Making (About Advanced Industry and Competitor Analysis and Corporate Strategy): 4 credits
MOB3560 International Business Enterprises (About Strategy in Global Enterprises) 4 credits
MOB3535 Accomplishing Strategy (About Implementing Strategy) 4 credits
MOB 3579 Global Strategy 4 credits (Inactive)
MOB 4572 Management Consulting 4 credits
AND
B) Courses from which students must choose any minimum distribution of 2.
*Students completing two concentrations can double count one of these courses for both concentrations. Some of these courses have prerequisites within the applicable division that must be completed.
Strategic Management
MOB4510 Strategic Decision Making (if not chosen above).
MOB3560 International Business Enterprises (If not chosen above).
MOB3535 Accomplishing Strategy (If not chosen above).
MOB 3579 Global Strategy (if not chosen above). (Inactive)
MOB 4572 Management Consulting (if not chosen above).
Finance (For those interested in Strategy Consulting, Strategic Planning, or dual concentrators in Finance)
Corporate Finance Career Path courses:
FIN3515 Corporate Financial Management
FIN4540 Corporate Financial Strategy
Investments or Equity Analysis Career Path courses:
FIN3520 Securities Valuation
FIN4530 Investments
Accounting (For those interested in Strategic Planning and Control or a dual concentration with Accounting)
ACC3502 Intermediate Accounting: Finance
ACC3510 Financial Planning and Cost Control
ACC4510 Management Planning and Control
Information Technology Management (For those interested in Information Technology Consulting and Management or a dual concentration with Information Technology Management)
MIS3660 Prototyping
MIS3540 Managing with Information Technology
MIS3690 Web Technologies
MIS 3640 Problem Solving & Software Design
Economics (For those interested in Strategy Consulting or a dual concentration with Economics)
ECN3666 Economics of Competitive Strategy
ECN3630 Industrial Organization & Public Policy
ECN3620 Econometrics
ECN 3655 Managerial Economics
Entrepreneurship (For those interested in working entrepreneurially or a dual concentration with Entrepreneurship)
EPS 3511 Financing Entrepreneurial Ventures and the Business Plan
EPS 3501, 3502, or 3503 Entrepreneurship and New Ventures
EPS 4510 Franchising, Licensing, and Distributorships
No more than one of the following for students interested in careers in these business contexts:
EPS 3515 Key to Success Family Business Enterprises, or
EPS 3550 Corporate Entrepreneurship, or
EPS 3520 Managing a Growing Business
Marketing (For those interested in a dual concentration with Marketing for Marketing Consulting, Market Research, or Marketing Management)
MKT3510 Marketing Research
MKT4515 Brand Management
MKT4560 Global Marketing Management
MKT3560 Developing and Marketing New Products
For those interested in Human Resources Consulting or in General Management (no dual concentration is available:)
MOB3580 Negotiations
MOB3512 Leadership
MOB3515 Human Resource Management
Oher courses of direct relevance to Strategic Management Concentrators:
MOB3580 Service Strategy and Innovation, for students interested in careers in service industries
QTM2612 Applied Data Mining: Wealth in Numbers, for students interested in analytic situations using databases
MOB3572 Management Communications, enhanced communication skills can be very helpful in Strategic Manageent situations
Additionally, we highly recommend that students pursue a second concentration in one of the following areas depending on their career interests: Finance, Information Technology Management, Marketing, or Economics.
Dual Concentrators, students taking a second concentration with the Strategic Management Concentration, can double count one course towards both concentrations. Along these lines of dual concentrations, the Strategic Management Concentration is designed to prepare students for a number of careers. The table below lists the possible career paths, the recommended dual concentrations, possible (b) section required courses, and indicates examples of possible employers within the career path.
