DESCRIPTION:

In this course students will acquire a comprehensive understanding of business as a whole. Through exposure to all of the functional areas of business, students are presented the opportunity to develop broad skills and knowledge in the business administration.

  REQUIREMENTS:

The curriculum for this certificate consists of the Foundation Module (6 required courses listed below) and the Advanced Module of specific Case Studies  All coursework must be completed within 18 months (including up to 12 months for Module 1).

   REQUIRED COURSES:

AC002 Intermediate Accounting (see ACCOUNTING courses)

MK001 Principles of Marketing (see ENTREPRENEURSHIP courses)

MG001 Principles of Management (see ENTREPRENEURSHIP courses)

FM001 Managerial Finance - I

BA001 Legal Environment of Business

MG002 Human Resources Management

   INTERMEDIATE ACCOUNTING

  Course description:

This continued study of accounting theory and practice reviews the accounting cycle and preparation of accounting statements. Topics include the conceptual framework of financial accounting, statement of income and expenses, balance sheet and cash flows statements, the time value of money, cash and receivables, valuation of inventories, acquisition and disposition of property, depreciation, and current liabilities. The course is designed for anyone interested in business management and economics, as well as for accounting majors.

Prerequisites: Principles of Financial Accounting or equivalent.

   COURSE OUTLINE:

Unit 1. An Introduction to Financial Accounting and Reporting.

Unit 2. A Theoretical Basis of Financial Accounting and Reporting.

Unit 3. A General Overview of The Accounting Process.

Unit 4. Income Statement.

Unit 5. Balance Sheet.

Unit 6. Cash Flows Statement and Statement of Changes in Financial Position.

Unit 7. Revenue Recognition and Income Determination.

Unit 8. Cash, Current Receivables and Payables.

Unit 9. Determining Cost and Using Cost Flow Assumptions for Inventory Valuation.

Unit 10. Departures from Historical Cost and Methods of Estimating Inventory Cost.

   PRINCIPLES OF MARKETING

  COURSE DESCRIPTION:

This course covers role of marketing in business decision-making, marketing methods, market segmentation, consumer buying behavior, and effects of marketing on company’s profitability and image. It explores the complex interrelationships among product, price, promotion, distribution, customer service, packaging, and market research.

Prerequisite: No previous study of marketing and its components is assumed.

Unit 1: Introduction to Marketing and Its Environment.

Unit 2: Selecting Target Markets Using Market Research.

Unit 3: Demographic and Behavioral Dimensions of the Market.

Unit 4: Product Planning, Management, and New Development.

Unit 5: Distribution Channel Systems.

Unit 6: Introduction to Promotion, Personal Selling, and Advertising.

Unit 7: Pricing Objectives and Price Setting.

Unit 8: Ethical Questions and Challenges.

Unit 9: General Overview.

   PRINCIPLES OF MANAGEMENT

  COURSE DESCRIPTION:

This course introduces students to the theory and practice of management with emphasis on individual and small group behavior, the design and structure of organizations, the relationship between the organization and its environment, and the statistical and quantitative skills used in the examination of management processes. This course also covers interpersonal communications, ethics, and international management.

Prerequisite: No previous study of management theory is assumed.

Unit 1: Introduction: The Challenge of Management. Pioneering Ideas in Management.

Unit 2: Introduction: Social Responsibility and Ethics in Management.

Unit 3: Planning and Decision Making: Establishing Organizational Goals and Plans. Strategic Management.

Unit 4: Planning and Decision Making: Managing Innovation and Change. Managerial Decision Making.

Unit 5: Organizing: Basic Elements of Organizational Structure. Strategic Organization Design.

Unit 6: Organizing: Human Resources Management.

Unit 7: Leading: Motivation and Leadership.

Unit 8: Leading: Managerial Communication. Managing Groups.

Unit 9: Controlling: Controlling the Organization. Managerial Control Methods.

Unit 10: Controlling: Operations Management. Information Systems for Management.

Unit 11: Across All Functions: International Management. Entrepreneurship and Small Business.

   MANAGERIAL FINANCE - I  

  COURSE DESCRIPTION:

This course deals with management of capital in a business firm. It treats policies and actions relating to asset structure, risk, income, and cash flows. Operating and financial analysis is also introduced.

Prerequisite: AC002 (Intermediate Accounting).

Unit 1: An Overview of Financial Management.

Unit 2: Analysis of Financial Statements.

Unit 3: The Financial Environment: Markets, Institutions, Interest Rates, and Taxes.

Unit 4: Risk and Return.

Unit 5: Discounted Cash Flow Analysis.

Unit 6: Valuation Models.

Unit 7: The Cost of Capital.

Unit 8: The Basics of Capital Budgeting.

Unit 9: Project cash Flow Analysis.

Unit 10: Risk Analysis and the Optimal Capital Budget.

Unit 11: Capital Structure Decisions.

Unit 12: Dividend Policy and Conclusions.

   LEGAL ENVIRONMENT OF BUSINESS

  COURSE DESCRIPTION:

This course provides a broad overview of business-related legal topics. Students will be familiarized with the nature and sources of western law, court systems, common law, statutory law, constitutional law, administrative law, antitrust law, employment law, consumer law, international law, social responsibility and business ethics.

Prerequisite: No previous study of laws is assumed.

Unit 1: Nature and Sources of Law.

Unit 2: Court Systems, Jurisdiction, and Functions. Dispute Resolution.

Unit 3: Common and Statutory Law. Constitutional Law.

Unit 4: Lawmaking by Administrative Agencies. Ethics, Corporate Social   Responsibility, and the Law.

Unit 5: Contract and Sales Law. General Tort Law.

Unit 6: Product Liability. Business Torts and Crimes.

Unit 7: Agency and Business Organizations. Antitrust Law: Regulation of Industry.

Unit 8: Antitrust Law: Horizontal and Vertical Restraints of Trade.

Unit 9: Securities Regulation. Employment Law: Protection of Employee Security and Welfare.

Unit 10: Employment Law: Protection Against Discrimination and Labor-Management Relations.

Unit 11: Environment Protection Law. Consumer Transaction and the Law.

Unit 12: The Legal Environment of International Business and General Overview.

   HUMAN RESOURCES MANAGEMENT

  COURSE DESCRIPTION:

This course concentrates on a study of the formal systems used to manage people at work. Emphasis is on the concepts and procedures of job analysis, job reviewuation, wage and salary administration, performance reviewuation, employee services and benefits.

Prerequisite: MG001, however, no previous study of HRM is assumed.

Unit 1: HRM: Gaining a Competitive Advantage.

Unit 2: Strategic Human Resources Management. Global Issues in HRM.

Unit 3: The Legal Environment and Equal Employment Opportunity. Employee Relations.

Unit 4: The Analysis and Design of Work. Performance Management.

Unit 5: Work Attitudes and Job Withdrawal.

Unit 6: Human Resources Planning.

Unit 7: Job Choice and the Recruitment of Human Resources. Personnel Selection and    Placement.

Unit 8: Training. Employee Development.

Unit 9: Career Management.

Unit 10: Pay Structure Decision. Recognizing Individual Contributions With Pay.

Unit 11: Employee Benefits. Collective Bargaining and Labor Relations.

Unit 12: Human Resource Information Systems and General Overview.