Administrative and Managerial Sciences offer curricula of business and management courses as an optional supplement to a liberal arts or science major. The program consists of a core of broadly designed skill courses plus specialized courses in the major functional fields of management. Certificates exist in the following areas:
In addition, there is a special program which has be articulated with Loyala College and the University of Baltimore :
The Finance Certificate is modeled after typical Finance majors at most Schools of Business. The primary difference is that U.M.B.C has fewer elective concentrations within the general area of financial management. U.M.B.C.'s certificate is geared toward the capital markets/corporate decisions/investment portfolio end of the finance spectrum rather than the banking, insurance, or real estate aspects. International considerations and world markets are incorporated into several of the required courses, and students selecting the optional International Finance course elective have an impressive international financial background. Staffing in the Finance program is staffed with faculty from the Economics department.
The finance certificate requires 18 core credit hours plus 31 specialized credit hours. Most of the specialized course work overlaps with the Economics Major.. Business leaders view finance as a good foundation for management and decision making as well as a specialized area of normal business operations. Consequently, students have had little difficulty getting jobs in this area.
Any Five of the Following:
ECON 320 - Elements of Quantitative Methods
for Management OR MATH 380 - Introduction to
Operations Research
ECON 423 - Economic Forecasting
ECON 471 - Money & Capital Markets
ECON 474 - Corporation Finance
ECON 475 - Economics of Financial Analysis
ECON 476 - Portfolio Analysis and Management
ECON 482 - International Finance
The Management Science Certificate D emphasizes the theoretical, technical, and applied economic aspects of business administration and management. It stresses decision making using statistical and mathematical tools and surveys most areas of business operations.
Management Science Certificate Requirements
ECAC 329 - Cost Accounting
ECAC 351 - Managerial Accounting
ECAD 385 - Law, Business Ethics & Society OR
HESP 358 - Ethical Issues in Health (HSP majors)
STAT 350 OR STAT 351 STAT 355
ECON 320 - Elements of Quantitative Methods for Management OR
MATH 380 - Introduction to Operation Research OR IFSM 300 -
ECON 408 - Managerial Economics
ECAD 410 - Production Management
ECON 474 - Corporate Finance OR
ECAD 374 - Fundamentals of Corporate Finance
(Computer language programming course should be taken if no experience with computers.)
ECON 312 - Intermediate Macroeconomic
Analysis
ECON 405 - Benefit Cost Evaluation
ECON 423 - Economic Forecasting
ECON 421 - Introduction to Econometrics
ECON 415 - Economic Theory Organizations
ECON 426 - Economic Theory and Operations
Analysis
ECAD 399 - Administrative Internship
HESP 495 - 496 - Health Sciences & Policy Internship &
Seminar
The Personnel and Industrial Psychology certificate requires 28 core credit hours plus 26 specialized credit hours. Most of the students in this program are Psychology majors. Consequently, this certificate is listed under the Psychology major. See Psychology
Extensive contact with the Chesapeake Human Resource Association and with area employers exists through the UMBC student organization, UMBC Human Resource Society. This Professional club has participated in area wide programs for students interested in this area. The combination certificate plus the activity of this group has greatly increased the marketability of the combination Psychology major - Personnel certificate.
Personnel & Industrial Relations Certificate Requirements
Curriculum for the Public Administration Certificate Program consists of three components. The first is a required core of five public administration courses. One course is an introductory course; three courses are designed to provide students with an understanding of the technical areas of personnel management, budgeting, and administrative law; We expect students to acquire a knowledge of public administration principles and be able to effectively work in a public sector environment. To measure this, all student's must take a capstone course (POLI 450) and successfully complete an internship in the public sector. The capstone seminar provides students with case analysis experience comparable to that provided in business schools plus an opportunity to explore problems and selected issues related to public management and policy. The standard of Public Administration education is set by NASSPA (the National Association of Schools of Public Affairs and Administration) for use in accrediting Masters of Public administration programs. Our program closely follows these guidelines.
A second component is a set of three required skills courses designed to assure that students not only graduate with a knowledge of the public sector and the practice of public administration, but also that they have the necessary skills to perform specific tasks. Each student must take a computer science or information systems management course, a course in statistical analysis, and an intermediate composition course.
In addition to these required courses students must take one elective at the advanced level (300 level or higher) which is related to public policy or public administration. Although this course may be taken from any field, students have gravitated towards a small number of courses.
An 8 credit Administrative Internship is required of each student. The internship places students (typically juniors and seniors) in a professional setting and is designed to give the student practical experience at the mid-management level. A maximum of 18 students are placed each January with either a public sector agency (at the local, state or federal level), a not-for-profit organization, or a private corporation that interacts with government on a regular basis (such as a defense contractor). All interns are required to attend the Maryland Chapter of the American Society of Public Administration annual ceremony where outstanding public servants from Maryland in local, state, and federal government are honored.
The interns work full-time in their placement during the month of January and then 15-20 hours a week throughout the spring semester. Additionally, they meet on a weekly basis with the faculty coordinator and must produce several written assignments including a major research paper that integrates their internship experience with public administration theory. The interns are evaluated by their agency supervisor and by the faculty member.