Graduate Catalog 2010-2011
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Business Turnaround Management (MS) | Office | Website

Description

Master of Science Degree
The Master of Science Degree in Business Turnaround Management is an offering of the College of Business Administration. This comprehensive program is founded on the concept that any organization can benefit from improvement, especially, but not only, those in trouble.

UDM was among the first to see the importance of comprehensively studying business from the perspective of turnarounds and improvement. These conditions create an environment where leadership, speed, work ethic and creativity are paramount.

The BTM program is specifically designed to give students a comprehensive grounding in every meaningful aspect of the current body of knowledge and skills in business turnaround. This was accomplished with ongoing collaboration with business turnaround professionals and executives from Michigan and provides a practical, pragmatic approach to this field.

Accreditation
The College of Business Administration is fully accredited by AACSB International - The Association to Advance Collegiate Schools of Business. Organized in 1916, AACSB International is the premier accrediting agency for bachelor's, master's and doctoral degree programs in business administration and accounting. For more information about AACSB International, see their web site at

Information for Students/Parents/Counselors/Corporations
List of Accredited Schools

In 2009, the college of Business Administration celebrated 60 years of accreditation by AACSB International - The Association to Advance Collegiate Schools of Business.


Admissions Requirements

  • A University of Detroit Mercy Graduate Application Form, with the application fee (waived for online applications);
  • Official transcripts for all previous academic work;
  • An official report with the scores earned on the GMAT (if needed);
  • A resume; and
  • Any other information such as letters of recommendation which the applicant feels is important to the admission decision.


Degree Requirements

The University of Detroit Mercy offers a 30 credit hour program focusing on a comprehensive review of the Business Turnaround Management field.

cr.
BTM 5000 Business Turnaround Management 3
BTM 5500 Ethical and Critical Thinking 3
MBA 5900 Strategic Management 3
or
BTM 5960 Practicum 3


Elective Courses: The student then customizes his/her experience with up to 21 hours of electives.

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 5500 Ethical and Critical Thinking 3
BTM 5420 Corporate Fraud Detection and Prevention Management 3
BTM 5450 Corporate Restructuring for Business Turnaround 3
BTM 5650 Supply Chain Management for Turnarounds 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.

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

Conditional Entry Status
Applicants whose admission materials do not lead to regular acceptance into the program may be considered for conditional entry status. Conditional entry status is restricted to a narrow margin of applicants and usually requires a personal interview.

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.


Graduate Scholarships and Assistantships

GMAT Scholarships
The University provides scholarships to graduate students in the College of Business Administration who score 600 or higher on the GMAT test. Information about the test and applications for it may be obtained by calling the Graduate Business Programs Office at (313) 993-1202, or by writing: GMAT, Educational Testing Service, CN6103, Princeton, NJ 08541-6103.

Graduate Assistantships
Graduate assistantships are available to selected full-time students enrolled in any graduate business program. A graduate assistantship is conferred upon a student with the understanding that the student will be assigned to a discipline or program to assist in research, tutoring or general activities. In return, the student receives a tuition waiver for up to nine credit hours in Term I and/or Term II. Application forms for a graduate assistantship are available in the Graduate Business Programs Office.


Program Characteristics

Several important aspects of the BTM Program should be noted. These include policies regarding grade point averages, class scheduling, and advising.

Cumulative Grade Point Average
Students in the BTM 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 degree requirements and graduation.

Academic Standing
While an individual may be admitted into the BTM 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 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 program within five 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 Program. When appropriate, specific advising matters may be referred to the advisor in a particular academic discipline.

The Thesis Plan
A BTM student may elect, with approval of the Associate Dean, to write a master's thesis for the equivalent of six credit hours. These credits are applied to the student's electives. A thesis advisor will be selected from the full-time faculty. Guidelines are available in the Graduate Business Programs Office.

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.


Career Center

Through its Career Education Center, the University of Detroit Mercy offers a professional practice program for BTM candidates. After completing the appropriate credit hours in the BTM Program, students are eligible for a career-related professional practice assignment. The professional practice model is based on traditional co-op, providing students with the opportunity to select either full-time assignments, alternating semesters of work with study, or part-time assignments, with parallel semesters of work and study. A minimum of two assignments is required, with three assignments being the maximum a student may complete. The professional practice program model combines the success of traditional co-op with the new demands for graduate student programming. The professional practice coordinator, upon the recommendation of the Director of Graduate Business Programs, accepts students into the program.

Upon placement, students are required to enroll in ADM 5950, 5960, or 5970. Grades are based on the evaluation of the employer, a written professional practice training report and a progress interview with the student's professional practice coordinator. Please refer to the Professional Practice Handbook, available in the Career Education Center for additional requirements.


Honor Societies

Beta Gamma Sigma
Membership in Beta Gamma Sigma, an international scholastic honor society for graduates in the field of business and management, is the highest international scholastic honor that a student in a school of business or management can achieve. Eligibility for membership in Beta Gamma Sigma places a student in a very select group and is conferred for a lifetime status. Beta Gamma Sigma chapters are only chartered in those business schools which are accredited by the AACSB International. For more information about Beta Gamma Sigma, see their web site at Beta Gamma Sigma

Beta Alpha Psi
Beta Alpha Psi is an honorary organization for Financial Information students and professionals. This membership is one of the highest scholastic honors that accounting and finance students can attain. As the premier professional accounting and business information fraternity, Beta Alpha Psi recognizes academic excellence and complements members' formal education by providing interaction between students, faculty and professionals, and fosters lifelong growth, service and ethical conduct. Beta Alpha Psi chapters may be chartered only in those schools of business and management accredited by AACSB International. For more information about Beta Alpha Psi, see their web site at Beta Alpha Psi

Alpha Iota Delta
Alpha Iota Delta is the international honor society confers distinction for academic excellence in the decision sciences and information systems; promotes the infusion of the functional and behavioral areas of administration with tools, concepts and methodologies of the decision sciences and information systems; and promotes professional fellowship among students, faculty, administration and practitioners. The lifetime membership is by invitation, reflecting exceptional academic achievement and, perhaps, outstanding campus leadership and service. For more information about Alpha Iota Delta, see their web site at Alpha Iota Delta

Global Jesuit Business Student Association
The purposes of the GJBSA Honor Society are to confer distinction for academic excellence upon students attending Jesuit business schools and to encourage their pursuit of lifelong education; to acknowledge and promote a spirit of community involvement among its members; to promote and encourage ethical and socially responsible business practices among its members and in the global business community; and to act as a catalyst for the advancement of business thought and theory. For more information about the GJBSA Honor Society, see their web site at Global Jesuit Business Student Association

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