Integrated Nature of Business Functions

109 Business Administration

Martin, TN 38238

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(731) 881-7208

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mba@utm.edu


Integrated Nature of Business Functions

Research and business practice fully agree that integrative consideration across multiple business functions is vital. Latham, Latham & Whyte (2004) state the importance of integrative consideration as it allows managers to "emphasize the synergistic use of core competencies and delivery systems in a way that enables one to truly master business administration."1 One key purpose of an MBA curriculum is to advance understanding of the integrated nature of business functions as they impact the development of business strategy. Within the program, students will be exposed to both the internal and external analysis of organizations for the purpose of developing strategy. From the internal perspective, individual functions of the business must be addressed in terms of their application which are congruent with organizational strategy. In conjunction with this congruence, there must be interdependence within these functions. Within the program, all courses should begin to mesh strongly creating an overarching perspective of business at the strategic level. Like the cogs in a wheel, each function of a business works with the others to move the machine in a strategic direction. A critical aspect of business strategy is that it permeates the entire organization and provides the bond that holds organizations together.

 

1Latham, G., Latham, S and Whyte, G. (2004), "Fostering Integrative Thinking: Adapting the Executive Education Model to the MBA Program,"Journal of Management Education, 28 (1), pp. 3-18.

MBA Curricular Focus on Integrated Decision Making:

Knowledge throughout the MBA program is integrated across time by students.

 

The student's ability to demonstrate integrative decision making is formally assessed in Management 790: Strategic Management and Business Policy

 

(UTM Course Catalog 2016-2017, p. 437) (3) (3) An advanced case study, integrating marketing, management, economics, finance and accounting of selected problems encountered in the management of typical organizations engaged in the production of goods and services. Problem analysis and decision making skills are emphasized in the context of the existing international environment. M.B.A. students must take this course during their last scheduled semester. Approval from the Graduate Coordinator is required before registering for this course.

MBA Assessment of Integrated Nature of Business

The following rubric is used by faculty to assess students' ability to thoughtfully and efficiently combine a minimum of 4 business relationships across multiple functions introduced and discussed in the MBA core curriculum: Assessment Rubric

Hybrid MBA Program

The Hybrid MBA program offered through the College of Business and Global Affairs is open to anyone holding a bachelor's degree from a four-year college or university, regardless of undergraduate major. Students complete their coursework through a combination of online and hybrid courses. Students can select either the General MBA or MBA with Agricultural Option.

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Online MBA for Financial Services Professionals

Open to students in all fields, The Online MBA is geared toward the financial services industry, and may be of particular interest to professionals with a connection to, or interest in banking and/or financial services.

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