Description
The Certificate in Business Turnaround Management is designed to give students a comprehensive grounding in the current body of knowledge and skills in business turnaround management. The certificate was developed with the ongoing collaboration of business turnaround professionals and executives from Michigan.
Admissions Requirements
Admission decisions are based on an undergraduate GPA, GMAT score (if needed), work experience, and other degrees.
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A University of Detroit Mercy Graduate Application Form, with the application fee (waived for online applications);
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Official transcripts for all previous academic work;
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A resume; and
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Any other information such as letters of recommendation which the applicant feels is important to the admission decision.
Program Requirements
The Business Turnaround Management Certificate is a 15 credit hour program.
Required Courses
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| | | cr. |
| BTM 5000 | Business Turnaround Management | | 3 |
| BTM 5500 | Ethical and Critical Thinking | | 3 |
Elective Courses (3 courses required)
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| | | cr. |
| BTM 5150 | Strategic and Legal Bankruptcy | | 3 |
| BTM 5200 | Motivation and Negotiations Management | | 3 |
| BTM 5350 | Organizational Change Management | | 3 |
| BTM 5400 | Crisis Cash and Accounting Management | | 3 |
| BTM 5420 | Corporate Fraud Detection and Prevention Management | | 3 |
| BTM 5450 | Corporate Restructuring for Business Turnaround | | 3 |
| BTM 5550 | Lean Management | | 3 |
| BTM 5850 | Debt/Equity and Financing Structuring | | 3 |
Foundation Courses
Students are expected to demonstrate a minimum competence in Accounting and Financial Management. This is possible by evidence in their transcript or by successfully completing ACC 5100 and/or MBA 5180.
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| | | cr. |
| ACC 5100 | Financial Accounting | | 3 |
| MBA 5180* | Foundations of Financial Management | | 2 |
* Please note that this course will become a 3 credit hour course effective Term I, 2011-12.
Admissions Status
Guest Student Status
Individuals currently enrolled in another AACSB accredited MBA program may obtain Guest Student Status at the University of Detroit Mercy for a limited number of courses by providing a statement of good standing from their school's Dean or program director, or by applying for guest student status using a Michigan Intercollegiate Graduate School form (MIGS). The MIGS application can be obtained in the Graduate Business Programs Office.
Program Characteristics
Several important aspects of the BTM Certificate Program should be noted. These include policies regarding grade point averages, class scheduling, and advising.
Cumulative Grade Point Average
Students in the BTM Certificate Program are required to achieve and maintain a cumulative grade point average (GPA) of 3.0 or better (on a 4.0 scale). A 3.0 cumulative GPA is required for final completion of the program requirements.
Academic Standing
While an individual may be admitted into the BTM Certificate Program on a regular-acceptance basis, it is possible that the individual's eventual cumulative GPA may fall below a 3.0 in any particular term. When this situation occurs, the student automatically is placed on "Academic Probation". This status dictates that the student's cumulative GPA must continue to improve in each consecutive term thereafter until the cumulative GPA reaches 3.0 and is then sustained at that level or higher. If, after being placed on Academic Probation, the student's cumulative GPA does not improve in each subsequent term, the student will be academically dismissed.
Class Scheduling
BTM classes are scheduled in the evening and on the weekend. Classes are currently offered on the McNichols Campus. Evening classes begin at either 6:00 or 6:40 p.m., Monday through Thursday for Term I and Term II. Term I, commencing the day after Labor Day, is 15 weeks in length; Term II, commencing in early January, is also 15 weeks long. Some Foundation Courses are offered in an eight-week format in both terms. Each summer session is seven weeks in length. Summer I commences in early May. Summer II begins in late June. Evening classes for both sessions are scheduled for Tuesday and Thursday evenings, 5:30-8:00 p.m. and 8:10-10:40 p.m.
Full-Time and Part-Time Student Status
An individual may undertake the BTM Certificate Program on a part-time basis. Full-time student status usually involves a nine or above credit-hour course load in Terms I and II. Part-time student status usually entails a 1-8 credit hour load in Terms I and II.
Residence and Time Requirements
Students who have not completed their required certificate program within two years may be subject to re-evaluation and additional coursework. Students not enrolled for more than two consecutive terms (without prior approval of the program director) may be required to re-apply for admission.
International Students
International students should consult with the International Services Office.
Advising
The Director of Graduate Business Programs serves as general academic advisor for all students entering the BTM Certificate Program. When appropriate, specific advising matters may be referred to the advisor in a particular academic discipline.
Student Responsibilities
Students in the College of Business Administration are responsible and accountable for knowledge of the requirements and procedures set forth by the College and University. Administrators, advisors, and faculty are available to assist students by explaining the various requirements and procedures for each program. However, the ultimate responsibility for compliance rests with the student.
MBA with Concentration or Certificate
MBA students may concentrate in BTM by using their three MBA electives to take MBA 5640 or BTM 5000 plus two (2) BTM courses from the BTM curriculum. In order to receive the Certificate in Business Turnaround Management, two (2) additional BTM elective courses are required beyond the MBA degree requirements, totaling five (5) courses. For details, a student should consult with the Director of Graduate Business Programs.
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