With the start of instruction for the Class of 2010, Columbia officially inaugurates its new core curriculum. In Columbia’s words:
“Consolidated to allow for an additional full-term elective course in the second semester of the first year, the revised core curriculum is organized into “required” and “flexible” components. The new structure retains Columbia’s commitment to an academically rigorous core as the nucleus of the MBA. The required core of 6.5 courses covers material that is deemed essential to an MBA: accounting, corporate finance, leadership, marketing, operations, statistics and strategy. The flexible core, designed to expand the scope of the required core and complement its content, is composed of 1.5 courses. Students will select one course from each of three broad categories: Organizations, Performance and Markets, and may take additional courses as electives.
“Organizations focuses on organizational change and the importance of social networks and interpersonal skills. Performance combines the disciplines of risk management and accounting: Courses cover the impact of a firm’s operational strategy and introduce accounting-based performance measures as tools for decision-making. Markets delves more deeply into macro- and microeconomics, including game theory.
“A new feature of Columbia’s core curriculum – a non-credit corporate governance module – brings a unique focus to a topic often overlooked as a core competency in management education. The module is designed to enhance students’ understanding of their duties and responsibilities as managers and directors of firms, as well as their appreciation of the role of corporate governance in their careers, the business entity, the economy and society at large. The corporate governance module will begin during first-year orientation with a series of pre-term readings and class sessions, and will conclude with a capstone session in the final term of the MBA program.”
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