1, Accounting

Accounting is a formal system of collecting, organizing and reporting financial data that are used in making economic decisions. The users of these data include corporate shareholders, lenders, management, employees, taxing and regulatory agencies, research organizations, and many others. The data shed light on current financial status and liquidity, as well as past profitability and funds-generating capability. Many different types of economic decisions require accounting data. One major use of accounting data is to inform outsiders (interested people who do not have direct access to corporate records) of the economic status and progress of the firm. These reports follow a body of accounting methodology called generally accepted accounting principles (GAAP). By contrast, the management of the firm requires data that will aid in controlling operations and in evaluating the performance of subordinates. Outside agencies often collect accounting data in a variety of pre-specified forms. These data are used for tax collection and various other social and economic policy purposes

2. Health Care Management The rapidly changing health care industry is the USA's second largest employer. The manager's role in health care organizations continues to grow in importance. In response to the demand for skilled managers and policy makers, the Health Care Management major builds upon the established strength of the management core and provides, in addition, a series of courses that familiarize the student with unique aspects and issues of the health care industry. An interdisciplinary faculty based in the business, medical, nursing and dental schools and in the School of Arts and Sciences, together with adjunct faculty from area health organizations, help the MBA student majoring in health care to be unusually well qualified to respond to the many critical problems now faced by hospitals, government agencies, group practices, pharmaceutical and biotechnology firms, insurance organizations, HMOs, and consulting firms.

据我了解: 在health Care方面比较强的学校有: Wharton, Duke, kellogg, Hass,和 UNC等等. Wharton 和 Duke的每一年的MBA health Care 方向要招多达6个MD. 而且,即使是近年就业不景气的情况下, health Care毕业生还是很抢手,毕业时2-3个不错的offer已到手了.

4. Management Management Departments encompass strategic and entrepreneurial management, as well as the management of people and organizations across national and cultural borders. The department offers course work and educational experience to students who desire to exercise leadership in their management careers, with major challenges and responsibilities in private, public, and not-for-profit organizations, large or small. In its teaching, the Management Department takes an eclectic approach, drawing on the most useful elements of the various management theories and integrating them to achieve a mixture of theoretical, analytical, and applied research and courses. The breadth and scope of the offerings in the department, the opportunities for associating with faculty of distinction and experience, and the career possibilities of each area should be considered by those interested in majors and by those investigating elective courses. Majors are available in the following fields: Entrepreneurial Management Human Resource and Organizational Management Multinational Management Strategic Management

6. Marketing For strategic decision makers in the private and public sectors, "marketing" describes a fundamental approach to general management decision making as well as a necessary set of business functions. Marketing is an important input to top management's choices of served markets, competitors, and portfolios of operating technologies. As such, the field of marketing is a valuable preparation for many types of management careers including consulting, entrepreneurial management, and line management. Because of its broad relevance, marketing is often chosen by students as part of a dual major, as well as a major in itself. The variety of courses offered by the marketing faculty has been designed to meet the needs of management generalists and those who choose either the marketing management or marketing research major areas.

Business Specialties: Marketing 1. Northwestern University (Kellogg) (IL) 2. University of Pennsylvania (Wharton) 3. Harvard University (MA) 4. University of Michigan–Ann Arbor 5. Duke University (Fuqua) (NC) 6. Stanford University (CA) 7. Columbia University (NY) 8. University of California–Los Angeles (Anderson) 9. University of California–Berkeley (Haas) University of Chicago 11. Massachusetts Institute of Technology (Sloan) 12. Dartmouth College (Tuck) (NH) 13. University of North Carolina–Chapel Hill (Kenan-Flagler) 14. Indiana University–Bloomington (Kelley) New York University (Stern) University of Florida (Warrington) University of Texas–Austin (McCombs) 18. University of Southern California (Marshall) 19. University of Illinois–Urbana-Champaign 20. Emory University (Goizueta) (GA) Ohio State University (Fisher) Purdue University–West Lafayette (Krannert) (IN) 23. Michigan State University (Broad) University of Virginia (Darden) 25. University of Wisconsin–Madison 26. Carnegie Mellon University (PA) Cornell University (Johnson) (NY)

7. Op. & Info Management (Operations and Information Management) The mission of the Department is to provide educational programs and pursue research activities in the areas of operations and information management and decision-making. Teaching and research in the Department build on the economics of information and electronic markets, coupled with management science and decision modeling technologies. Problems addressed by faculty in the Department include E-business, supply chain management, risk and environmental management, product development, decision support systems, information-based strategy, and decision making under uncertainty for individuals, groups and organizations. On the teaching side, the Department teaches courses at the Undergraduate, MBA and PhD levels in the area of decision processes (DP), information strategy, systems and economics (ISSE), information and decision technologies and management science (IDT) and operations management (OM). The Fishman Davidson Center and the Risk Management and Decision Processes Center, both closely aligned with the OPIM Department, provide opportunities for students to engage in research on applied problems.

Information: Strategy, Systems, and Economics The availability of information at an acceptable cost - anywhere, any time, at any speed, and for almost any purpose - has profoundly affected all aspects of management: By improving the ability to perform detailed customer profitability analyses modern information technology changes the balance between strategies based on scale and strategies based on market micro-segmentation and differential pricing. This has affected marketing strategies in insurance, credit card operations, telecommunications, and numerous other service industries. By improving performance monitoring capabilities throughout the firm communications technologies alter the balance between centralization and decentralization and the optimal locus of control and decision rights; this has changed the structure of firm's internal control structures as well as the tradeoffs among internal production, external procurement, and joint ventures. Advances in computing, information storage and retrieval, and communications have improved the quality of customer information throughout the channel and have affected the balance of power among retailers, distributors, and manufacturers or primary suppliers, altering the distribution of profits and the design of appropriate channel strategies. This is restructuring distribution for travel services, and is affecting industries as diverse as retail financial services and consumer packaged goods. As power continues to shift among retailers, distributors, and manufacturers / primary suppliers, many industries are being forced to deal with restructuring caused by disintermediation resulting from electronic channels. While these changes are directly driven by information technology, it is the management challenges, and not the underlying technology, that will be addressed by this new inter-disciplinary major. What is the appropriate production strategy as the balance between local and global production, between internal production and external procurement, and between short term contracting and long term strategic alliances are all altered? What is the appropriate marketing strategy as the balance shifts between established competitors with dominant share and apparent cost advantages and new entrants with targeted strategies? What pricing strategies are thus enabled? How can information be used to provide enhanced differentiation strategies by allowing more accurate targeting of individualized products and services? What is the appropriate distribution strategy as disintermediation becomes possible, but intermediaries still retain considerable power over segments of the customer population, and thus will retaliate against premature attempts at bypassing them? Once appropriate strategies are determined, how can they be implemented and how can the organization be led into its new vision? These management challenges create a significant opportunity for Business Schools to create a new management focus through an interdisciplinary major that draws upon existing strengths in management, marketing, and information management to create a powerful and innovative interdisciplinary focus on information strategy. Understanding the strategic aspects of information and information management is being transformed; what were once skills of specialized technologists are now critical aspects of the preparation of all executives. This major will prepare students for careers in consulting and venture capital, and for senior management positions in a wide range of industries already being transformed by the interacting forces of information, globalization, and deregulation.

8. Tech Innovation

Technological advance has been responsible for creating half of the long term economic growth and 80% of productivity improvement in the U.S. over the last fifty years, and is forecast to be the single most important factor in creating business opportunity worldwide in the coming decades. Technological Innovation routinely creates new markets and investment opportunities while at the same time rendering others obsolete. It also transforms our ways of running operations and organizing business so that, the ability to understand and manage the process and its impact has become an essential requirement for business managers regardless of functional specialty. Powerful innovations in, for example, information technology, biotechnology, and advanced materials, have irreversibly changed much of the service and manufacturing sectors and forced aspiring business leaders to develop new skills and an understanding of technological innovation and its impact. The major, Technological Innovation, is designed to educate leaders for the business environment of the 21st century in which new and emerging technologies will increasingly drive the creation of new businesses and industries. It is targeted to corporate managers, entrepreneurs, consultants and analysts who wish to stay ahead of the curve by profiting from technological innovation by managing its impact. In addition the Technological Innovation program is designed to facilitate participation in the dual-degree program with the School of Engineering and Applied Science. (MBA/MSE) students interested in the graduate program in Management and Technology are accepted and enrolled in two degree programs simultaneously: a 10-course unit MSE program in the school of Engineering and Applied Science .

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