School of Mortgage Banking III

SOMB III is your final course in MBA's School of Mortgage Banking series and emphasizes long-term strategic planning in a mortgage-banking environment. Throughout the course, you will receive hands-on training in planning and forecasting future business operations. Not only will you be introduced to the critical elements of planning, but you will also be exposed to the effects that various conditions and situations have on the planning process. During this class, you will be competing against other teams to produce the most creative, yet realistic, strategy for a fictitious company using an advanced computerized model that will take you through several economic quarters and varying economic conditions in order to restore profitability to your firm. You will be able to apply what you learn in the lessons to develop a successful business plan. In the process, you will practice the effective management of diverse skills and personalities in a small workgroup. The culmination of this activity is for you to present your strategy and results to the "Board."

The Details

Course Level: Advanced
Course Delivery Method: Classroom or Online Course
Duration of Classroom Course: Four days
Duration of Online Course: 13 two and a half hours sessions held over three consecutive weeks
Elements: Case Study, Final Exam, Discussion Boards/Forums, Group Assignment/Activities, Student Presentations

What is needed to enroll in SOMB III?

• If pursuing the AMP designation, students need to have a passing grade of 75% or greater on both the SOMB I & SOMB II final exams.
• If not pursuing the AMP designation, students need to have taken SOMB II and passed the final exam with 75% or greater.