The Program
The UAlberta MBA in Fort McMurray brings the classroom to you and allows you to complete the MBA degree in-person while continuing to work full-time. The program combines our core business fundamentals curriculum with specialized courses focused on the energy, oil and gas, and natural resource sectors.
Program Delivery
We believe some of the best learning comes from interaction and discussion with your professor and your peers. That's why our MBA program is delivered in person at Keyano College by University of Alberta instructors. Spread over three years, classes are scheduled over weekends (Friday - Saturday or Friday - Sunday) or over week-long blocks (Monday - Friday), allowing you to complete the UAlberta MBA while continuing to work full-time. The program is cohort-based, so you'll make your way through the program with the same group of students allowing you to build strong connections.
Course Overview
The UAlberta MBA in Fort McMurray is designed to offer both a solid understanding of management essentials and a targeted focus on managing and leading within the energy resources sector. The program is structured to first provide you with an understanding of core business principles before delving into energy-focused courses and program electives.
Core Curriculum
ACCTG 501: Financial Reporting and Analysis
Accounting information's role in recording and reporting on economic and business events including the primary financial statements: balance sheet, income statement, and cash flow. Concepts and purposes underlying financial reporting. Selection of accounting policies and their informational effects for external users. The course begins to develop students' abilities to evaluate and interpret financial information through basic financial analysis.
ACCTG 523: Accounting Information and Internal Decision Making
Accounting concepts used by managers in planning and decision-making. The course introduces concepts of cost and profit behavior, contribution margin, and activity-based costing, as well as relevant costs and revenues for production, marketing and capital budgeting decisions. The course also introduces students to the management planning and control system and its components - budgets, variance analysis, performance evaluation in centralized and decentralized organizations, and management compensation plans. The importance of designing a system to fit the organizations' strategy is emphasized. Prerequisite: ACCTG 501
BUEC 503: Economic Foundations
This course focuses on economic decision making at the level of the firm and consumer, utilizing demand and supply analysis to help understand a variety of economic and managerial issues. Formal models of managerial economic problems will be developed and used for purposes of analysis. The course will also deal with public economics, regulatory economics and introduce issues of information economics and strategic behavior. The theory of public choice and public goods will be used to analyze a variety of public economic issues. The course will also cover macroeconomic issues including: measuring macroeconomic variables, sources of economic growth, business cycles, interest rates, exchange rates, government debt, and other topics.
BUS 505: Ethics and Corporate Social Responsibility
This course focuses on the application of moral principles and models for ethical decision making to individuals and businesses in the 21st century. Contemporary ethical and social issues will be examined through the use of case studies, class discussions and presentations. Topics include concepts of individual ethics, workplace issues, corporate compliance and social and environmental responsibility. While examining ethical issues, emphasis will be placed on improving students' proficiency levels in verbal and written business communication.
FIN 501: Managerial Finance
Fundamental concepts in asset valuation are discussed within the context of simple asset pricing models and efficient financial markets. This course introduces the valuation of financial assets such as bonds and stocks. Further topics include the issuing of financial securities, leverage, dividend policy, cash management, and derivative securities. Credit will not be given for FIN 501 when FIN 503 has been completed. Prerequisites: ACCTG 501, BUEC 503, and MGTSC 501.
MARK 502: Principles of Marketing Management
This course commences with an examination of core marketing concepts, including strategic marketing planning, segmentation and the marketing mix (product, price, place and promotion) and the integration of these concepts into a marketing plan. Specific focus is then provided to developing pragmatic skills regarding marketing effectiveness.
MGT SC 501: Data Analysis and Decision Making
This course begins with a survey of graphical and numerical techniques available for studying and describing data. Following an introduction to probability distributions, an overview of statistical inference for means and proportions is provided. Regression, analysis of variance and decision analysis are then utilized to analyze data and support decision making. Time series models are also briefly discussed. The data and decisions analyzed throughout the course will be representative of those commonly encountered by managers. During the required lab sessions, spreadsheet analysis of data, Monte Carlo simulation and the use of software for statistical analysis will be presented.
SMO 500: Managing People
Introduces students to organizational behavior (OB) and human resource management (HRM), and how to generate energy and commitment in employees. Examines options relevant to staffing, performance management, reward systems, leadership, motivation, decision making, communication, labor relations, and current issues in the field of management.
SMO 652: Leadership Skills
The purpose of this course is to increase the student's understanding of leadership roles and skill in exercising those roles. These include team building, mentoring, managing conflict, delegating, managing participative decision making, creative problem solving, and time and stress management.
BUEC 646: The Global Business Environment
Examines the changing global business environment and how it impacts international business decision-making. Covers such topics as Trends in Globalization, International Business in Canada, Managing Multinational Corporations, Importing and Exporting, International Labor Markets and the Market for Skills, International Financial Markets, Financial Crises, and Corporate Governance in Different Countries.
OM 502: Operations Management
This course focuses on (1) the competitive advantage that a business unit can derive from innovative and efficient production and delivery of its goods and services and on (2) analytical approaches that are useful in understanding and improving an organization's operations. Specific modules include process diagramming and analysis; measuring and managing flow times; inventory control and optimization; supply chain coordination and operations strategy. Cases will be used to illustrate operational efficiency and its significance to the profitability of a firm. Prerequisite: MGTSC 501.
Request for Information
Want to learn more about our MBA Program in Fort McMurray? Reach out to us and we will get back to you with more details.