MPS in AEM Curriculum & Concentrations (2022)

The Master of Professional Studies (MPS) in Applied Economics and Management program entails 30 credit hours of training in applied economics and management through coursework and a capstone problem-solving project. All students are required to select one of six industry-focused concentrations. Students must meet general MPS AEM degree requirements in addition to concentration-specific coursework.

Core/Pre-requirements

  • Statistics, or BTRY 6010 – Statistical Methods I
  • Intermediate microeconomics or AEM 5600 – Managerial Economics
  • Undergraduate calculus or “Math camp for MBAs” (or Khan Academy calculus)

Required Coursework

  • Quantitative and computational methods (select 6 credits):
    • AEM 5111 – Introduction to Econometrics (Fall, 4 credits)
    • AEM 6120 – Applied Econometrics (Fall, 3 credits)
    • AEM 5410 – Marketing Research (Spring, 3 credits)
    • AEM 5840 – Python for Business Analytics (Fall, 3 credits)
    • AEM 6940 – Python Programming (Fall, 3 credits)
    • NBA 6921 – Machine Learning Applications in Business (Fall, 3 credits)
    • AEM 5XXX* – Computational Methods for Economics and Management (Fall, 3 credits)
  • AEM 5305 – Global Citizenship (Fall, 1 credit)**
  • AEM 5700 – Management Communications (1.5 credits)
  • Problem-solving project (6 credits): AEM 6991 (Fall, 3 credits)** and AEM 6992 (Spring, 3 credits)**
  • Core coursework specific to each concentration (9 credits)
  • Free Elective Coursework (1–6 credits)
    • Courses must be relevant to your career goals and approved by your concentration leader. Students can select 5000 level courses from across Cornell University for electives.

* Course number TBD
** CEMS students do not take these courses. See CEMS requirements information.

Applied Economics and Management Concentrations

MPS in AEM Curriculum & Concentrations (1)

Associate Professor Vicki Bogan
Behavioral Finance Concentration Leader

Required Courses (6 credits):

  • AEM 6140 – Behavioral Economics and Managerial Decisions (fall, 3 credits)
  • AEM 5230 – Contemporary Topics in Behavioral Finance (fall, 3 credits)

Electives (min. 3 credits)

  • AEM 5570 – Corporate Finance (spring, 3 credits)
  • AEM 5280 – Valuation of Capital Investment (spring, 3 credits)
  • AEM 5290 – International Financial Management (spring, 3 credits)
  • AEM 5620 – Financial Modeling and Analysis (fall, 2 credits)
  • AEM 5670 – Investments in the Global Economy (spring, 3 credits)
  • AEM 6940 – Applied Behavioral Economics in Finance and Marketing (spring)
  • NBA 5120 – Applied Portfolio Management (fall/spring, 3 credits)
  • NBA 5420 – Investment and Portfolio Management (Spring, 3 credits)
  • NBA 5590 – The Venture Capital Industry and Private Equity Markets (spring, 0.5 credits)
MPS in AEM Curriculum & Concentrations (2)

Associate Professor Jura Liaukonyte
Behavioral Marketing Concentration Leader

Required Courses(6 credits):

  • AEM 6140 – Behavioral Economics and Managerial Decisions (fall, 3 credits)
  • AEM 6440 – Consumer Behavior (fall, 3 credits)

Concentration Electives (min. 3 credits):

  • AEM 5550 – Advertising Strategy (fall, 1.5 credits)
  • AEM 5435 – Data-Driven Marketing (fall, 1.5 credits)
  • AEM 5495 – Consumer Neuroscience (spring, 3 credits)
  • AEM 5160 – Strategic Pricing (spring, 3 credits)
  • AEM 6940 – Applied Behavioral Economics in Finance and Marketing (spring)
  • NBA 6340 – Customer Strategy and Analytics (spring, 1.5 credits)
  • NBA 6090 – Digital Marketing (fall/spring, 1.5 credits)
  • NBA 6220 – Marketing strategy (fall, 1.5 credits)
  • NBA 6290 – Special Topics in Marketing (fall, 1.5 credits)
  • NBA 6620 – Brand Management (fall, 1.5 credits)
  • HADM 6430 – Wine Marketing (spring, 3 credits)
  • HADM 6435 – Luxury Marketing (spring 3 credits)
  • NCC 5530 – Marketing Management* (spring, 3 credits)

**Will not count as a CEMS elective for CEMS students as they were required to take a basic marketing management course as a CEMS prerequisite.

MPS in AEM Curriculum & Concentrations (3)

Associate Professor Bradley Rickard
Business of Food Concentration Leader

Required Courses (3 credits):

  • AEM 6140 – Behavioral Economics and Managerial Decisions (fall, 3 credits)

Electives (min. 6 credits):

  • AEM 5270 – Supply Chain Strategy and Supermarket Simulation (fall, 3 credits)
  • AEM 6455 – Toward a Sustainable Global Food System (fall, 3 credits)
  • AEM 6485 – Economics of Food and Malnutrition (fall, 3 credits)
  • AEM 5310 – Business and Economics of Food (spring, 3 credits)
  • AEM 5480 – From Labels to Lab-Grown Meat: Consumer Behavior and the Food Industry (spring, 3 credits)
  • AEM 6480 – Food and Consumer Packaged Goods Industry Dynamics (spring, 3 credits)
  • AEM 5260 – Cooperative Business Management (spring, 3 credits)
  • FDSC 5100 – Sensory Evaluation of Food (fall, 2-3 credits)
  • DSOC 5400 – Agriculture, Food, Sustainability and Social Justice (fall, 3 credits)
  • PLSCS 5140 – Global Cropping Systems and Sustainable Development (fall, 3 credits)
MPS in AEM Curriculum & Concentrations (4)

Associate Professor Mark Constas
International and Development Economics Concentration Leader

Select 3-4 courses (min. 9 credits):

  • AEM 6050 – Agriculture Finance and Development (spring, 1.5 credits)
  • AEM 6455 – Toward a Sustainable Global Food System: Food Policy for Developing Countries (fall, 3 credits)
  • AEM 5420 – Emerging Markets (fall, 3 credits)
  • AEM 6485 – Economics of Food and Malnutrition (fall, 3 credits)
  • AEM 6880 – Global Food, Energy, and Water Nexus – Engage the US, China and India for Sustainability (fall, 3-4 credits)
  • AEM 6600 – Natural Resources and Economic Development (spring, 3 credits)
  • AEM 6940 – Product Design and International Development (spring, 1.5 credits)
  • AEM 6410 – Commodity Futures and Options (spring, 3 credits)
  • CRP 6720 – International Institutions (spring, 3 credits)
  • ECPM 7660 – Microeconomics of International Development (spring , 3 credits)
  • IARD 6960 – Perspectives in International Development (spring, 1 credit)
  • INFO 5505 – Computing and Global Development (fall, 3 credits)
  • NBA 5255 – Global Macroeconomics News and Events (spring, 1.5 Credits)
  • NBA 6030 – Strategies for Sustainability (spring, 1.5 credits)
  • NBA 6370 – Current Global Issues for Business: the US, Europe, China and Emerging Markets (spring, 1.5 credits)
  • NBA 6380 – Finance and Sustainable Global Enterprise Colloquium (spring, 1 credit)

* Course listing number TBD

MPS in AEM Curriculum & Concentrations (5)

Students in the SBEP concentration study the interrelationships among business, the economy, and the environment; examine the role of sustainability in business and economic development; and learn how to design policies and management strategies to promote sustainability, environmental protection, clean technologies, and the optimal and sustainable use of natural resources, taking into account how individuals and businesses respond to these policies.

Associate Professor Ariel Ortiz-Bobea
Sustainable Business and Economic Policy Concentration Leader

Select 3-4 courses (min. 9 credits):

  • AEM 5XXX* – Resource Economics (spring, 3 credits)
  • AEM 5510 – Environmental Economics (spring, 3 credits)
  • AEM 5515 – Business and Economics of Energy (fall, 3 credits)
  • AEM 6580 – The Economics and Psychology of Sustainable Business (fall, 1.5 credits)
  • AEM 6600 – Natural Resources and Economic Development (spring, 3 credits)
  • NBA 6030 – Strategies for Sustainability (spring, 1.5 credits)
  • NBA 6380 – Finance and Sustainable Global Enterprise Colloquium (spring, 1 credit)
  • NBA 6370 – Current Global Issues for Business: the US, Europe, China, and Emerging Markets (spring, 1.5 credits)
  • PADM 5717 – Energy Transition: Policy, Financial, and Business Interactions (fall, 3 credits)

* Course listing number TBD

Do you have a background in technology? Looking to market your own innovations in technology? With an MPS in Applied Economics and Management concentrating in Technology Management, you will develop the business skills that are required to manage your business ventures in technology.

This concentration allows you to deepen your understanding of the management and strategies related to technology, innovation, and entrepreneurship. Technology management focuses on business processes and practices that facilitate the creation of new technologies; innovation strategies that allow business organizations to successfully launch new technologies in the economy; and the development of an entrepreneurial mindset that is needed to instigate change in organizations and markets. We encourage students to combine the technology management concentration with additional skill-building in data science and analytics to maximize job market opportunities in technology industries.

MPS in AEM Curriculum & Concentrations (6)

Professor Aija Leiponen
Program Director, MPS and Technology Management Concentration Leader

Required Courses:

  • AEM 5220 – Digital Business Strategy (fall, 3 credits)

Electives (min. 6 credits)

  • AEM 5615 – Digital Platform Strategy (spring, 1.5 credits)
  • AEM 5605 – Predictive Analytics in Business Strategy (spring, 3 credits)
  • AEM 5650 – Strategic Management of Innovation (spring, 3 credits)
  • NBA 6955 – Industrial Organization, Consulting and Business Strategy (fall, 1.5 credits)
  • Semester in Strategic Operations with Prof. Nagesh Gavirneni, Johnson School (spring, 4-7 credits)
    • NBA 6500 – Operations Practicum (project; guest speakers; class; site visits – 4 credits)
    • Optional electives on operations management

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