Choose Your Specialization
Finance - creation, allocation and management of wealth. Concentrations include corporate finance, investments, and financial services marketing.
Management - strategic decisions critical to an organization's success in a competitive environment. Concentrations include entrepreneurship, leadership, international business, and management.
Marketing - activities concentrated on attracting customers. Concentrations include marketing analytics, marketing research/consulting, consumer products marketing/brand management, and marketing/sales management. Learn more about the growing field of Marketing Analytics.
All organizations – whether for-profit, non-profit or governmental agency – require a budget, prudent management of that budget, and strategies for growth and expansion. Finance has been called the creation, allocation and management of wealth. The coursework and concentrations in finance will focus on these three broad themes. Concentrations include:
- Corporate Finance
- Financial Services Marketing
Is a Career in Finance for You?
Because all organizations are constrained by financial resources, the skills taught in this coursework will be useful to you regardless of your choice of career options. MBA graduates in finance end up in a wide variety of careers:
- Treasurer or financial manager for a corporation
- Consultant with a regional or national firm
- Analyst or transaction specialist with an investment banking firm
- Financial manager for a non-profit organization or governmental agency
Here are the coursework areas that you can choose from to prepare for a successful finance career:
- The creation of wealth in corporate finance - students are exposed to modern practices and techniques of capital budgeting, risk management and investment analysis. The emphasis is to create value for the shareholders, who ultimately own the firm.
- The allocation of wealth - emphasizing the methods of modern portfolio management, the role of international capital markets and the impact of institutions on the breadth of the financial marketplace.
- Wealth management - offerings in investment theory, portfolio and investment management, and derivative securities. Course offerings include a class in Investment Fund Management that allows students to manage funds in the Mizzou IFM Program which includes funds from the Truman Tracy Fund, the Crown Fund, the Mizzou Investment Management Program Endowment and the Trulaske endowment.
Opportunities in the Crosby MBA Program
- The Bloomberg Assessment Test (BAT) is offered free to students interested in careers in finance, economics and business. The screening process involves a three-hour assessment used by Bloomberg and hundreds of financial employers to fill summer internships and full-time jobs (big banks, hedge funds, multinational firms). Highlighting your participation in the Bloomberg Assessment Test (BAT) will set you apart from thousands of other candidates.
- Chartered Financial Analyst (CFA)
- Warren Buffett – the "Oracle of Omaha"
- MBA Students As Graduate Finance Instructors
The finance faculty have a strong commitment to both the development of new knowledge through research and sharing that knowledge through teaching. Our professors emphasize concepts in an applied fashion, integrating the use of real data and software in their coursework. They serve on numerous journal editorial boards, as well as on corporate boards of directors. Some have CFA certification and most have a variety of business experiences.
Departmental research focuses on:
- Capital markets: the regulation of capital markets, corporate governance, bankruptcy and legal analysis of corporate activity
- Investment valuation, options markets, corporate governance and market microstructure
- Initial public offerings, seasoned equity offerings, investment banks, investments and corporate finance
- Corporate and international finance
- Banking and financial institutions
- Valuation of path-dependent derivative securities
- Asset pricing, institutional investors, mutual funds, liquidity, and asset volatility
For any enterprise to accomplish its goals - whether it's one of the world's largest companies, a small entrepreneurial storefront, or a Little League baseball team - effective management is crucial. Our courses focus on the perspective of a general manager making strategic decisions critical to an organization's success in a competitive environment.
- International Business
Is a Career in Management for You?
Careers in management vary across a wide spectrum of diverse, yet related, fields. Crosby MBA graduates often work in:
- General management
- Human resources
- Operations management and quality control
- Information systems
- Organizational development and change
Preparation for a career in management might follow one or more of these paths:
- Managing people and their work environments - includes course work such as organizational behavior and management, strategic human resource management, current issues in human resource management, negotiations, and organization theory and design. Strategic management and entrepreneurship – creating and directing entrepreneurial ventures and the capstone course in business environment and policy.
- Managing information systems and operations - introduction to MIS, database management, decision support systems, information resource management, Web development, business-applications development, e-commerce, business telecommunications, and production/operations management. Management
Opportunities in Crosby MBA Program
- Launching High Growth Venture
- Preparing Real-World Business Plans as a Graduate Assistant
- Participation in National Case Competition
The management faculty have a strong commitment to teaching and have received many teaching and advising awards. They are also active in research, book authorship and other scholarly work which not only makes scientific contributions, but also contributes to the richness and timeliness of Crosby MBA course offerings.
Recently published work includes a diverse set of topics such as:
- Time and organization studies
- Entrepreneurship, organization and process theory, and their intersection
- Mentoring and networking processes and their role in employee career success
- Information systems implementation, user involvement in systems design, and evaluating the planning and impact of project management in organizations
- Decision making processes, analysis of decision characteristics as predictors of decision outcomes and the application of modeling for improved decision making
- Corporate governance and employment law issues
- Issues and crisis management, corporate social and stakeholder performance, financial performance, organizational attractiveness to prospective employees
- Leadership and managerial decision-making
- The economics of innovation, with a particular focus on the interactions between for-profit companies and academic researchers/universities
- IPOs and strategy and governance changes in the pre- and post-IPO firm, international diversification and corporate social performance
- Strategic management, entrepreneurship, and innovation
- Cross-cultural and international management, organizational culture, human resources management, and groups and teams
- White collar crime, boards of directors and institutional owners
- Applied artificial intelligence, decision support systems, multi-criteria decision making, applied statistics, and time series analysis
- Organizational governance, minority directors and top managers and entrepreneurship within existing organizations
- Mentoring processes, employment interviews, recruitment process, organizational choice, and supervisor-subordinate relationships
- Dynamic bargaining processes, conflict resolution, and mediation
Every business, organization, and consumer inherently engages in marketing activity. Marketing – including sales, advertising and product development - occurs at every stage of the commercial exchange process. It is the primary revenue-generator of the firm; unless there are buyers for the goods and services produced, nothing else matters.
- Marketing Analytics
- Marketing Research/Consulting
- Consumer Products Marketing/Brand Management
- Marketing/Sales Management
Is a Career in Marketing for You?
Marketing is a broad field offering a myriad of opportunities for you to apply your unique aptitudes. Some marketing careers require more quantitative, technical, analytical, or organizational abilities, while others utilize creativity, perceptiveness, insight and verbal ability.
Career possibilities include:
- Marketing analytics - provide data-driven solutions to help inform marketing strategies and tactics
- Market research - conducting focus groups, gathering and analyzing survey data, and creating complex quantitative models of purchase behavior using retail scanner data;
- Market analysis - the study of environmental trends, competition and markets to better identify and understand unmet customer needs;
- Product management - responsibility for marketing a specific product or product line;
- Category management - responsibility for managing the selection, purchasing and merchandising of an entire product category;
- Customer business development - cultivating and managing relationships with customers;
- Channel management - designing, developing and organizing a network of firms to collaborate in the production and marketing of products to customers;
- Business-to-business relationship management - cultivating and managing relationships with suppliers, resellers, and other organizations involved in the marketing network;
- Management consulting - particularly in areas related to the identification of customers, competitor analysis, and the development of marketing activities and networks to create and provide value to the target customers.
Opportunities in Crosby MBA Program
- Marketing Analytics
- Collaboration with Journalism Students (Entrepreneurship and Media of the Future and Adobe Case Competition)
Marketing encompasses many diverse activities, and the marketing faculty has similar breadth and diversity. One characteristic they share, however, is that they are recognized leaders in their academic fields. MU faculty members hold prestigious editorial board positions at top marketing journals and the top international business academic journals. They have also had a wide variety of business experiences that they bring to the classroom, including retail, production, sales, multimedia, market analysis, advertising, marketing strategy, new product development, strategic planning, product and general management, and international exporting.
Ongoing research projects include:
- Product design effects on consumers, the modern culture of celebrity,
- Internet marketing, e-commerce, and instructional technology
- Problems in business-to-business marketing such as analysis of sales incentive programs
- Investigating stakeholder influence on the financial outcomes of a firm
- Retail pricing and category management, pharmaceuticals marketing, marketing decision models, sales force resource allocation and compensation strategies
- Assessing returns on marketing strategy and decision-making; customer-frontline interface in service organizations; applications of duration models to understand timing of marketing phenomena
- New product development, sustainability and teaching methods
- Consumer goals and motivation; consumer memory, judgment, and decision-making; brand management; advertising and persuasion; time style and time consumption
- Consumer values (especially materialism), the role products play in people's lives, and the influence of advertising on self-perceptions and perceived quality of life
- Interorganizational behavior, marketing relationships, interdependence, fairness, trust and conflict in business relationships
- Franchising, marketing channels and survey research methods
- global marketing strategy, export marketing, and international joint ventures/foreign market entry strategy