Full-Time Program

Approximately 220 students enroll in the full-time M.B.A. program each year. Intellectual and experiential in orientation, the program takes a sequential approach, introducing courses in a graduated system in which concepts in one area are introduced to correspond with - and build upon - concepts from other courses. The first year establishes a common body of knowledge that prepares students to move into selected areas of concentration in year two. The goals of the program are to establish the following:

• a clearer understanding of personal capacity for leadership and the necessary developmental experiences for leadership growth;
• the capacity to select and apply multiple analytic frameworks in managerial decision making;
• knowledge of the key issues managers face in the functional areas of business;
• a stronger understanding of the interrelatedness of business management issues;
• strengthened communication skills for conveying ideas in humane and compelling terms;
• the ability to collaborate and lead within the context of a team;
• a deepened respect for human values, the ethical implications of managerial decisions and the special responsibilities business leaders bear in a democratic society;
• an understanding of changing global markets, an appreciation of differences in business practices across the world and of the special demands of intercultural management relationships; and
• the ability to use new and developing technologies in the resolution of business problems.

An Advanced Learning Environment Course work in the M.B.A. program differs substantially from undergraduate education. Learning basic concepts individually becomes secondary to synthesizing concepts across courses. Classroom activity dominated by faculty-to-student lectures gives way to frequent case analysis and student-led discussion and management simulations. Work produced by project teams becomes a significant basis for many course grades.

The full-time program is rigorous, intellectually demanding, and time-consuming. Students typically spend 60-80 hours per week on course work and projects. Personal lives, as a result, are changed by graduate school as demands on time and intellectual capacity are pushed beyond previous limits.

Although students are not expected to bring a substantial amount of knowledge of business to the program, they need to have an excellent command of the English language and a working knowledge of calculus.

A Class Within a Class Incoming students are assigned to one of four daytime core sections, each composed of about 55 students representing the diversity of the entire student body. The small section size allows active participation by all students. In addition, students get to know one another through group projects and study groups, developing a strong sense of camaraderie.

Each section takes on a distinctive personality, with its members defining customs and rules for class discussion. Ultimately, students find that the sections provide a context in which to learn a tremendous amount - not only from the faculty, but also from each other in formal and informal settings.

All full-time students share the same lunch hour, enabling people to attend executive seminars, participate in student government or simply meet with students in core sections outside their own.

An Emphasis on Leading The full-time M.B.A. program begins with a three-day leadership retreat. The retreat empowers students to take responsibility for their learning climate at USC and starts the process of self-examination and reflection fundamental to beginning leadership growth. Faculty and second-year M.B.A. students participate in the program, developing relationships and team values that will undergird the academic program throughout year one. New students emerge with clearer expectations for the educational experience and a charted course for pursuing their own leadership growth.

A Focus on Teamwork The relevance of team-building to the M.B.A. program is twofold. In study groups, project teams and competitive assignments, teamwork is crucial to success. The ability to work in and manage teams is becoming increasingly important in business practice as well. Taking those skills away from the program - developed and refined from the start - will be a key part of each student's leadership growth.

In addition to formal team projects, a strong community of mutual support develops from the important role informal study groups play in the school's academic culture. Study groups are composed of people with all kinds of backgrounds, so the dynamics of learning how to collectively accomplish a goal in a limited time are tremendously challenging and ultimately rewarding.

A Sequential Program of Study Although there are many required courses during the first year of the full-time M.B.A. program, students are, in many ways, pursuing one nine-month course because the individual courses and materials covered are selectively integrated. As a result, not all courses begin at the start of the semester and conclude at semester's end. Instead, a course - Corporate Finance, for example - begins several weeks into the first semester after basic concepts have been established in microeconomics and financial reporting and concludes in the middle of the second semester when its presence complements study in other functional areas, such as marketing and operations management. This staggered structure allows concepts to be introduced in a practical order and synthesizes the functional components into a coherent whole.

An Enthusiastic and Dedicated Faculty Team The more than 170 faculty members at the school include authorities recognized around the world for their contributions to advances in business theory and practice. They also are distinguished by their dedication to teaching and excellence.

Instructors for first-year required courses are selected on two grounds: teaching excellence and their ability to work together as a faculty team. The first-year teaching team develops and evaluates selected assignments jointly, linking concepts across courses, and shares time together in one classroom, examining complex business problems from multiple perspectives.

Faculty exchanges over the past year have included: the statistics and communication professors combining to address the issue of how to most effectively present statistical data for managerial decision making; the financial accounting and business and society professors jointly covering the issue of ethics in financial reporting; and strategy, microeconomics and organizational behavior faculty collaborating to analyze the structure and performance of a firm for competitive advantage in its market.

Adding Scope and Focus in the Second Year The second year of the full-time M.B.A. program builds on the grounding in business fundamentals and functional areas gained during the first year and offers an opportunity to pursue particular interests in depth. The program's flexibility in the second year allows students to tailor a program of study to their individual needs and long-term career objectives. Many students opt to focus on a particular area by fulfilling the requirements of a concentration. Among the concentrations offered by the Graduate School of Business Administration are: business of entertainment, business entrepreneurship, controllership, corporate finance, corporate financial reporting, designing and reengineering management accounting and control systems, finance and marketing, financial analysis, information systems, investments, management and organization, marketing (managing clients), marketing (managing products), manufacturing operations management, service operations management, real estate, strategic human resource management, technology and innovation management and health care advisory services.

Others decide to gain additional breadth in general management or to design an individualized program of study, sometimes taking courses in other areas of the university. Up to nine units of graduate-level electives may be taken at USC outside GSBA for elective credit providing the student shows sufficient reason why a course is relevant to the selected GSBA program. This request must be submitted in a petition to the Graduate Registration and Advisement Office, Bridge Hall 101A.

Credits and Schedule for Full-Time M.B.A. Students A total of 63 units is required. The typical full-time student's schedule over the two years is as follows:

Term 1		Units
GSBA 510	Accounting Concepts and Financial Reporting	2
GSBA 511	Managerial Economics	2
GSBA 512a	Business, Government and Society	1
GSBA 518	Accounting Control Systems	3
GSBA 521a	Corporate Finance	2
GSBA 523	Communication for Management	2
GSBA 524	Applied Managerial Statistics	2
GSBA 532a	Behavior and Organizations	1
GSBA 540a	Contemporary Issues in Competitive Strategy	1
		___
		16

Term 2		Units
GSBA 512b	Business, Government and Society	1
GSBA 521b	Corporate Finance	1
GSBA 526	The National and International Economy	2
GSBA 528	Marketing Management	3
GSBA 530	Information Systems	2
GSBA 532b	Behavior and Organizations	1
GSBA 534	Operations Management	2
GSBA 540b	Contemporary Issues in Competitive Strategy	2
GSBA 582	Business Environment and Management Practices in the Pacific Rim	3
		____
		17

Term 3		Units
GSBA 586	Selected Topics in High Growth Opportunities	3
Electives		12
		____
		15

Term 4		Units
Electives		15
		____
Total units for degree		63

Note: USC reserves the right to change, add or delete its course offerings and programs without notice.

M.B.A. Program for Professionals and Managers

The M.B.A. program for professionals and managers (M.B.A.-PM) is a part-time, comprehensive M.B.A. program which allows fully employed individuals to pursue their M.B.A. degree. The program offers flexibility and the same rich array of elective courses as the full-time M.B.A. program. Students in the professionals and managers M.B.A. program complete the degree in a period of 33 months.

The M.B.A. program for professionals and managers offers the following advantages: (1) the scheduling design allows students to complete the degree in a timely way, while continuing to work full-time; (2) program flexibility allows students to tailor their selection of elective courses to their individual interests; (3) a cohesive group of student colleagues proceeds through the core together, providing opportunities for building relationships with other talented and ambitious individuals; (4) special academic and social activities enhance the richness of the M.B.A. experience; and (5) interaction between faculty and students enhances the overall learning experience.

The professionals and managers M.B.A. program is also offered at the Orange County Center, located at 2361 Campus Drive in Irvine. All students take their elective courses at the University Park Campus in Los Angeles.

The application deadline for spring 1997 is October 1, 1996, and the deadline for fall 1997 is June 1, 1997. For more information, contact the GSBA Admissions Office at (213) 740-7846.

Credits and Schedule for Evening M.B.A. Students As for the full-time program, a total of 63 units is required. The typical evening student's schedule is as follows:

Term 1		Units
GSBA 510	Accounting Concepts and Financial Reporting	3
GSBA 523	Communication for Management	3
GSBA 543	Managerial Perspectives	3
		___
		9

Term 2		Units
GSBA 518	Accounting Control Systems	3
GSBA 524	Applied Managerial Statistics	3
		____
		6

Term 3		Units
GSBA 511	Managerial Economics	3
GSBA 528	Marketing Management	3
		____
		6

Term 4		Units
GSBA 548	Corporate Finance	3
GSBA 549	The Firm in the National and International Economy	3
		____
		6

Term 5		Units
GSBA 534	Operations Management	3
GSBA 550	Information Management	3
		____
		6

Term 6		Units
GSBA 513	Business and its Non-market Environment	3
GSBA 529	Strategic Formulation for Competitive Advantage	3
		____
		6

Term 7	Units
Electives	6
Term 8	Units
Electives	6
Term 9	Units
Electives	6
Term 10	Units
Electives	6

Note: USC reserves the right to change, add or delete its course offerings and programs without notice.

Computer Proficiency Requirement

Students in the M.B.A. program must demonstrate computer proficiency in GSBA required courses or business electives. The computer applications include word processing, data base management, electronic spreadsheet and business graphics programs.

The Learning Services Center may be contacted for information about computer preparation or tutoring. The center is located in Hoffman Hall 300.

Calculus Prerequisite

Knowledge of fundamental calculus is a prerequisite to some courses offered by the Graduate School of Business Administration. Students are required to take a calculus course prior to enrolling in the Master of Business Administration program.

Course Work at Another Institution

Once matriculated into a Graduate School of Business (GSBA) program, a student must receive prior permission by petition from the GSBA Academic Services Office to take course work (a maximum of six units) at another institution. Only course work from an AACSB accredited business school can be accepted. A grade of B or better must be obtained.

Areas of Concentration

M.B.A. students (full-time or M.B.A.-PM) can pursue the following concentrations through their elective course choices.

Business of Entertainment

The entertainment industry, broadly defined, seeks M.B.A. graduates who are grounded in a functional specialty. All M.B.A. students interested in entertainment industry careers are encouraged to complete one of the functional area concentrations. In addition, the school will offer a variety of industry focused courses each year. Completing four of these courses will constitute a concentration in the business of entertainment.

USC's School of Cinema-Television offers courses designed for M.B.A. students each year. Students completing four of these courses will receive a certificate from the School of Cinema-Television.

Recent course offerings have included: Film Industry Finance; Studio Management; the Multi-Media Industry; and Sports Management.

Business Entrepreneurship

M.B.A. students must take a total of four courses to achieve a concentration in business entrepreneurship. Business enterprises that will prosper in the coming period of change will be those that can adapt to rapidly shifting economic and market cycles by creating innovative solutions to business problems. Courses given by the entrepreneur program provide students with a thorough grounding in the business skills needed to start or manage a rapidly growing business. Students can choose from a range of courses covering all aspects (financial, managerial, legal, operations) of organizing and managing independent and corporate new ventures.

Required
BAEP 551	Introduction to New Ventures
BAEP 552	Cases in Feasibility Analysis
BAEP 554	The New Venture Business Plan

Experiential learning is combined with academic preparation in all courses. Course work emphasizes projects, with mentors available to students in the development of feasibility plans and business plans. All courses in the entrepreneur program, with the exception of BAEP 554 The New Venture Business Plan, are designed to complement each other without duplication or overlap of content.

Select one from the following
BAEP 553	Cases in New Venture Management
BAEP 555	Management of Rapidly Growing Ventures
BAEP 557	Technology Transfer
BAEP 558	The Entrepreneurial Advisor

It is recommended that these courses be preceded by completion of the M.B.A. core courses in finance, accounting and marketing.

Controllership

This concentration combines the accounting courses from the designing and reengineering management accounting and control systems and the corporate financial reporting concentrations into a program aimed at providing educational background for students desiring to be an operations or corporate controller.

Required
ACCT 536	Advanced Cost Analysis and Management Accounting
ACCT 549	Accounting Information Systems and Technologies
ACCT 572	Corporate Accounting and Reporting
ACCT 581	Financial Statement Analysis
ACCT 599	Special Topics
GSBA 537	Management Control Systems

Electives (choose one)
ACCT 544	Federal Taxes
ACCT 574	Global Perspectives on Accounting

Corporate Finance

This concentration consists of elective courses in finance which follow the basic finance concepts taught in GSBA 521 or GSBA 548. Students electing this concentration must successfully complete GSBA 521 or GSBA 548 as well as five courses (three required and two electives) from the list below:

Required
FBE 529	Financial Analysis and Valuation
FBE 531	Corporate Financial Policy and Corporate Control
FBE 532	Corporate Financial Strategy

Electives (choose two of the following)
ACCT 536	Advanced Cost Analysis and Management Accounting
ACCT 544	Federal Taxes
ACCT 572x	Corporate Accounting and Reporting
ACCT 574	Global Perspectives on Accounting
FBE 525	Macroeconomic Analysis for Business
FBE 527	Financial Management for Developing Firms
FBE 558	The Legal Environment of Finance
FBE 559	Management of Financial Risk
FBE 562	Current Issues in International Finance
FBE 564	International Finance Management

By taking the appropriate electives, students in the corporate finance concentration may specialize in three different tracks: financial institutions, international finance or small firm finance.

Corporate Financial Reporting

This concentration is designed for students who desire a position in corporate accounting or finance. Accordingly, this major can be combined with a concentration in finance to provide the student with essential education in critical aspects of financial reporting and financial statement analysis.

Required (choose at least three)
ACCT 544	Federal Taxes
ACCT 572	Corporate Accounting and Reporting
ACCT 574	Global Perspectives on Accounting
ACCT 581	Financial Statement Analysis

Electives
ACCT 546	Advanced Auditing Problems and Cases
FBE 531	Corporate Financial Policy and Corporate Control
FBE 532	Corporate Financial Strategy
FBE 564	International Financial Management

Designing and Reengineering Management Accounting and Control Systems

This concentration prepares students for positions as internal and external consultants in the design, development and reengineering of management accounting, management information systems and management control systems. Function-based issues include activity-based costing, planning and budgeting systems, and transfer pricing. Technology-based issues include the use of artificial intelligence, distributed databases, Electronic Data Interchange, and relational database models. Students who successfully complete this concentration will have an understanding of the "real world" issues in both accounting and information systems. They will be able to analyze and redesign management accounting and control systems.

Required
ACCT 536	Advanced Cost Analysis and Management Accounting
GSBA 537	Management Control Systems
IOM 533	Information Systems Analysis
IOM 535	Database Management

Choose two of the following
ACCT 549	Accounting and Information Technologies
IOM 536	Decision Support Systems
IOM 538	Information Systems Strategy

Choose one of the following field-study courses
ACCT 599	Special Topics
IOM 526	Quantitative Methods for Management Consulting
IOM 537	Information Systems Management for Global Operations

Recommended
MOR 559	Business Reengineering and Transformation

Finance and Marketing

To successfully complete this dual concentration, students must take a total of seven courses, four in finance and three in marketing. The specific requirements include three core courses and two additional finance courses and two additional marketing courses.

Required
Three core courses must be taken by every student:
FBE 529	Financial Analysis and Valuation
FBE 532	Corporate Financial Strategy
MKT 512	Marketing and Consumer Research

These courses deal with essential fundamentals that every M.B.A. student in this concentration must understand.

Specialization Options: Students must take two additional finance courses and two additional marketing courses.

Finance Focus
One of the following three areas:
Financial Analysis:	One required course and one elective
Corporate Finance:	Two required courses
Investments:	One required course and one elective

Marketing Focus

One of the following two areas, taking two of the three courses in the area selected:
Managing Products
Managing Clients

More specific information on these specialization options and associated course work can be found under the finance concentrations (financial analysis and corporate finance) and marketing concentrations (managing products and managing clients) in this catalogue.

Students taking the finance and marketing concentration need to take only one elective rather than the number listed under the respective concentrations.

Financial Analysis

This concentration of five advanced courses will develop financial analysis skills substantially beyond the level of GSBA 521 and GSBA 548. Students electing this concentration must successfully complete GSBA 521 or GSBA 548 as well as five courses (four required and one elective) from the list below.

Required
ACCT 572x	Corporate Accounting and Reporting
FBE 529	Financial Analysis and Valuation
FBE 531	Corporate Financial Policy and Corporate Control
FBE 532	Corporate Financial Strategy

Electives (choose one from the following)
ACCT 536	Advanced Cost Analysis and Management Accounting
ACCT 544	Federal Taxes
ACCT 574	Global Perspectives on Accounting
FBE 525	Financial Institutions
FBE 558	The Legal Environment of Finance
FBE 559	Management of Financial Risk
FBE 562	Current Issues in International Finance
FBE 564	International Financial Management
FBE 591	Advanced Real Estate Analysis

By taking an additional elective course, students in the financial analysis concentration may specialize in one of two different tracks: financial institutions analysis and real estate analysis.

Information Systems

This concentration prepares M.B.A. students for careers as analysts and managers in information systems organizations or for positions in functional areas. Information systems refers to the entire set of systems and activities to manage, process and use information as a resource in an organization. Information systems includes quantitative techniques in business planning, decision making, control and performance analysis. The managerial aspects of information systems include information systems analysis and design, database design and administration, the role of information systems in accounting and auditing, and information systems strategy.

Required
IOM 533	Information Systems Analysis
IOM 535	Database Management

Choose three of the following
IOM 531	End-user Computing in Business
IOM 536	Decision Support Systems
IOM 538	Information Systems Strategy
IOM 539	Fast Response Management Systems
IOM 540	Design and Analysis of Network Systems

Investments

This concentration consists of elective courses in finance that explore various areas of investment management. Students electing to take this concentration must successfully complete GSBA 521 or GSBA 548 as well as five courses (four required and one elective) from the list below:

Required
FBE 529	Financial Analysis and Valuation
FBE 532	Corporate Financial Strategy
FBE 555	Investment Analysis and Portfolio Management
FBE 559	Management of Financial Risk

Electives (choose one from the following)
ACCT 572x	Corporate Accounting and Reporting
ACCT 574	Global Perspectives on Accounting
FBE 524	The Financial System
FBE 554	Trading and Exchanges
FBE 556	Seminar in Applied Portfolio Management
FBE 558	The Legal Environment of Finance
FBE 562	Current Issues in International Finance
FBE 591	Advanced Real Estate Analysis

By taking an additional elective course, students in the investments concentration may specialize in two different tracks: international investments and real estate investments.

Management and Organization

Required Core
MOR 557	Management Consulting
MOR 559	Business Reengineering and Transformation

Choose one or more of the following tracks

Track 1: Advanced Consulting Issues and Skills (choose two courses) This concentration is designed to prepare students with skills in project management and negotiation, as well as assist them in becoming knowledgeable about the many different types of management consultants and consulting firms.

ACCT 588	The Economics and Marketing of a Professional Service Firm
IOM 526	Quantitative Methods for Management Consulting
IOM 580	Project Management
MKT 531	Services Marketing
MOR 542	Management in a Global Economy
MOR 558	Strategic Management of Industrial Technology
MOR 569	Negotiation and Persuasion

Track 2: Information Technology (choose two courses)

This option is designed to provide a basic understanding of the impact and use of information technology (artificial intelligence/expert systems, Electronic Data Interchange, transaction processing systems) critical for opportunities in systems oriented consulting with accounting firms or with firms providing accounting related consulting services.

ACCT 549	Accounting and Information Systems and Technologies
IOM 533	Information Systems Analysis

Track 3: Management Control Systems (required)

This option is designed to provide basic skills in management accounting (activity-based costing systems, manufacturing accounting systems) and management control systems (budgeting, designing reporting systems, compensation systems) that are critical for opportunities in management-oriented consulting with accounting firms or with firms providing accounting related consulting services.

ACCT 536	Advanced Cost Analysis and Management Accounting
ACCT 537	Management Control Systems

Marketing (Managing Clients)

Many products and services are sold to customers on a personal basis (e.g., financial services, consumer durables, business-to-business products). Close customer contacts, relationship building and service quality are critical components of management client relationships.

Required
MKT 512	Marketing and Consumer Research
MKT 525	Consumer Behavior
MKT 529	Sales Management
MKT 531	Services Marketing

Choose one from the following
MKT 535	Business Marketing Management
MKT 555	Marketing Channels
MKT 560	Marketing Strategy and Policy
MKT 565	Global Marketing

See also the finance and marketing concentration.

Marketing (Managing Products)

Many other products and services are sold to large groups of customers with little personal contact (e.g., consumer packaged goods). In this arena, product development and advertising-promotion management are especially critical.

Required
MKT 512	Marketing and Consumer Research
MKT 525	Consumer Behavior
MKT 526	Advertising and Promotion Strategy
MKT 530	Product Planning

Choose one from the following
MKT 535	Business Marketing Management
MKT 555	Marketing Channels
MKT 560	Marketing Strategy and Policy
MKT 565	Global Marketing

See also the finance and marketing concentration.

Manufacturing Operations Management

A concentration in operations management prepares M.B.A. students for careers in the management of the operations in manufacturing. The focus is on the nature and impact of operations decisions at both the strategic and tactical levels in organization. Specifically, operations management deals with issues such as total quality management, time-based competition, just-in-time production, service quality, reducing inventories, increasing flexibility and using new technologies.

Required
IOM 525	Quality Improvement Methods
IOM 581	Production Planning and Materials Management
IOM 583	Manufacturing Strategy

Choose two of the following
IOM 537	Information Systems Management for Global Operations
IOM 539	Fast Response Management Systems
MOR 559	Business Reengineering and Transformation
MOR 561	Managing Technology and Innovation

Service Operations Management

A concentration in operations management prepares M.B.A. students for careers in the management of service businesses. The focus is on the nature and impact of operations decisions at both the strategic and tactical levels in organization. Specifically, operations management deals with issues such as total quality management, time-based competition, just-in-time production, service quality, reducing inventories, increasing flexibility, and using new technologies.

Required
IOM 525	Quality Improvement Methods
IOM 580	Project Management
IOM 582	Management of Service Operations

Choose two of the following
IOM 537	Information Systems Management for Global Operations
IOM 539	Fast Response Management Systems
MOR 559	Business Reengineering and Transformation
MOR 561	Managing Technology and Innovation

Real Estate

The real estate concentration prepares students for careers in two broad areas of the real estate industry. The first area, real estate finance and development, is at the nexus of the real estate industry with the capital markets. The second area, real estate development and asset management, focuses on the development, ownership and management of real estate asset management or real property.

Required
FBE 589	Real Estate Analysis
FBE 591	Advanced Real Estate Analysis

Real Estate Finance and Development Track
Required
FBE 570	Practicum in Real Estate

Elective (choose one from the following)
FBE 565	Economics of Urban Land Use: Feasibility Studies
FBE 588	Advanced Real Estate Law
FBE 595	Advanced Real Estate Valuation: Theory and Case Studies

Real Estate Development and Asset Management Track
Required
FBE 565	Economics of Urban Land Use: Feasibility Studies

Elective (choose one from the following)
FBE 570	Practicum in Real Estate
FBE 588	Advanced Real Estate Law
FBE 595	Advanced Real Estate Valuation: Theory and Case Studies

Strategic Human Resource Management

Students in the concentration will take at least four approved courses. All students take MOR 548 Human Resource Management, which serves as a foundation course, introducing students to the key concepts of SHRM. Students then take at least three more focused courses. Students will also develop the interpersonal skills required to play effective SHRM leadership roles.

Required
MOR 548	Human Resource Management

Choose three from the following
ACCT 537	Management Control Systems
MOR 551	Employee Involvement, Motivation, and Performance
MOR 554	Organization Development and Change
MOR 555	Design of High Performing Organizations
MOR 560	Executive Decision-Making
MOR 567*	Interpersonal Competence and Influence in Organizations
MOR 569*	Negotiation and Persuasion

*Students can count MOR 569 or MOR 567 toward the concentration but not both.

Technology and Innovation Management

Required
IOM 538	Information Systems Strategy
MOR 558	Strategic Management of Industrial Technology

Choose two of the following
IOM 537	Information Systems Management for Global Operations
IOM 539	Fast-Response Management Systems
IOM 580	Project Management
MKT 512	Marketing and Consumer Research
MKT 530	Product Planning
MOR 561	Managing Technology and Innovation

Health Care Advisory Services

This concentration assists M.B.A. students in preparation for careers in analytical or advisory capacities within the health care industry whether in hospitals, health maintenance organizations, government agencies or consulting firms. The concentration is generally offered in association with the Health Services Administration in the School of Public Administration. PUAD 530 Problems and Issues in the Health Field is required for this concentration.

Exception: Students pursuing this concentration may take up to three courses in the School of Public Administration from the courses listed.

Courses
IOM 582	Management of Service Operations
MOR 555	Design of High Performing Organizations
PUAD 508	Management of HMOs and Ambulatory Care Service
PUAD 509	Management of Long-Term Care Organizations
PUAD 530	Problems and Issues in the Health Field
PUAD 531b	Financial Management of Health Services
PUAD 536	Legal Issues in Health Care Delivery
PUAD 539	Seminar in Hospital Administration
PUAD 569	Administration of Mental Health Services
PUAD 573	Wellness in the Workplace
PUAD 593	Advanced Seminar in Health Services Administration

Waivers

Subject waiver of required courses may be granted to students based on prior academic work. All waived courses must be replaced by electives.

Students should carefully read their program evaluation form to know what electives must be taken if they are granted subject waivers. To be granted a subject waiver in a particular field, the student must have (1) completed at least two relevant courses in the field at the upper division or graduate level, (2) earned a grade of B or better, and (3) completed the courses no more than five years before entering the master's program at USC from an AACSB accredited business school (or equivalent economics department).

Further information regarding the waiver policy in the Graduate School of Business Administration may be obtained from the Graduate Registration and Advisement Office which is located in Bridge Hall 101A, (213) 740-0673.

Academic Warning and Dismissal

Master's students must maintain a grade point average of 3.0 or better to stay in good academic standing.

Academic Warning

Master's students who, in a term, do not earn or maintain a 3.0 (A = 4.0) grade point average will be given an academic warning in the semester following the one in which they became deficient in grade points. Students who are below a 3.0 at the end of the required number of units for any degree may, with the prior permission of the Associate Dean for Master's Degree Programs, be allowed to take a maximum of 12 additional units at USC to obtain the required GPA.

Grades below C (2.0) in all master's degree courses are not acceptable. If a lower grade is obtained, the course must be repeated at USC and a grade of C or above must be obtained. Degree credit will not be given for courses with grades of C- and below but the grades are computed into the grade point average. Such courses should be repeated in the next semester in which the course in question is offered and must be repeated within one calendar year. Satisfactory completion of all required courses must occur prior to or concurrently with the beginning of advanced course work.

Dismissal

Master's students on probation may be subject to dismissal after two consecutive semesters of warning for full-time students or three semesters for part-time students if their cumulative record is short of the 3.0 average.

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