MPA - MBA Dual Degree
This article talks about the various reasons why one should enroll in an MPA-MBA dual degree program and some of the common coursework that might be required for the degree.
Degree Information about a Dual MPA-MBA Program
A dual master's degree in public administration and business administration is ideal for students who have completed a bachelor's degree and want to take up leadership positions in corporate and government organizations. With dual MPA-MBA programs taking up to three years to complete, students will cover a range of courses, including negotiation analysis, public finance and budgeting and corporate finance.
Fundamentals of Negotiation Analysis
Great negotiation skills are essential for a leader, regardless of the industry or sector in which he or she is working. This course aims to inculcate in students some fundamental interpersonal and analytic negotiation skills, which will enable them to build support for important policy decisions, build operational capacity, and maintain harmony within the organization. The ability to anticipate barriers to cooperation and agreement and understand the underlying interests driving such barriers is the key to success for policy analysts and business leaders.
Public Policy Formulation and Implementation
In this course, students will study the relationship between the design and formulation of public policy and the overall domain of public administration. Public administrators need to be able to effectively implement public policy in accordance with their own goals and with the input of various pressure groups, politicians, legislators, coalitions, etc. The ongoing creation, implementation, and design of laws and regulations - by local, state, and federal administrators - will be studied and examined by students taking this course.
Foundations of Nonprofit Management
Students taking this course will have the opportunity to examine the nature of the nonprofit sector and some of the major trends that have affected it historically. They will also study the ways in which managing and leading nonprofit organizations might offer unique challenges and require a different skillset, as compared to those required for managing a for-profit organization. The challenges and trends of the nonprofit sector will also be examined in the context of shifting government policies, both in the United States and internationally.
This course will help introduce students to the world of business finance, corporate investments, and financial management. The primary goal of the course is to provide students with the concepts, tools, and framework they need to analyze the financial decisions made by businesses to achieve certain objectives. Some of the topics covered under the corporate finance course will include cash flow techniques, making investment decisions under uncertainty, corporate capital valuation and budgeting, capital asset pricing, etc.
Public Finance and Budgeting
This course will help students understand and analyze local and state level revenue sources and expenditure patterns. Students who are interested in learning how public policy is shaped by the allocation, management, and control of financial resources, at various levels of governance, should take this course. Property tax, excise taxation, sales and capital taxation, and income taxation at the local and state levels are some of the other topics that will be covered.
Managing in Global Markets
In this course, students will examine the effects of globalization on corporate affairs and the overall economic environment of various nations. Students will also learn some methods and techniques for successfully adapting to the varying business environments of different countries and regions. The ways in which multinational companies operate, the strategic and operational adjustments they make, and the ethical questions they face when operating in international markets are some of the topics that may also be covered.
Students taking this course will have the opportunity to learn about some of the major problems that an administrator might face while dealing with human processes and interpersonal relationships within the public service domain. Students will also analyze the behavior of individuals as well as groups in corporate and government offices, for the purpose of discovering administrative methods that can promote the desired level of performance from workers.
Students who have a bachelor's degree and would like to build a career spanning the public, private, and nonprofit sectors should consider enrolling in an MPA-MBA dual degree program. This degree can be earned in approximately three years and might require some coursework in the domains of corporate finance, negotiation analysis, nonprofit management, and public finance budgeting.