Business of Medicine MBA Program Competencies and Student Learning Outcomes (SLOs)

1. Problem Solving and Critical Thinking

Identify, diagnose, and develop alternative solutions to complex problems in uncertain environments.

SLO 1.1: Analyze ambiguous business situations and identify current and potential problems requiring management attention.
SLO 1.2: Diagnose the underlying causes of business problems.
SLO 1.3: Generate alternative courses of action and criteria for their evaluation.

For faculty

Download these ready-to-go appendices to add to your syllabi as appropriate.

2. Legal and Ethical Analysis

Define the legal and ethical implications of business decisions and their impact on multiple stakeholders.

SLO 2.1: Identify the relevant legal constraints governing specific domains of business decision making (e.g., marketing, human resources, accounting, finance).
SLO 2.2: Explain the importance of ethical standards in sustainable business practices.
SLO 2.3: Analyze the ethical implications of business decisions.
SLO 2.4: Analyze the impact of business decision making on multiple stakeholders (e.g., customers, employees, communities, investors).

3. Core Business Knowledge and Analytical Skills

Understand and apply functional business concepts and analytical tools (quantitative and qualitative).

SLO 3.1: Explain and apply the core concepts of the functional business disciplines (e.g., accounting, finance, operations, marketing, strategy).
SLO 3.2: Apply analytical tools (quantitative and qualitative) to the solution of business problems.
SLO 3.3: Collect, analyze and interpret data to improve business decision making.

4. Communications Skills

Express ideas clearly in multiple formats: written, oral, numerical, visual.

5. Leadership and Collaboration

Understand and apply strategies for working effectively with others with diverse perspectives, either in a leadership role or as part of a team.

SLO 5.1: Explain and apply the principles and theories of effective leadership.
SLO 5.2: Explain how to work effectively with other individuals with diverse backgrounds, personalities and perspectives.
SLO 5.3: Explain and apply principles of effective teamwork and collaboration.

6. Macro-environmental Understanding

Understand macro-environmental forces and how they influence the competitive environment and business decisions.

SLO 6.1: Explain important changes in the macro-environment (economic, social, demographic, technological, regulatory) that affect business.
SLO 6.2: Analyze the how specific macro-environmental changes translate into strategic opportunities and threats that need to be addressed in business decision making.

Vers. 2, rev. April 2020