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.
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).
AC002 Intermediate Accounting (see
MK001 Principles of Marketing (see
MG001 Principles of Management (see
FM001 Managerial Finance - I
BA001 Legal Environment of Business
MG002 Human Resources Management
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.
Unit 1. An Introduction to Financial Accounting
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
This course covers role of marketing in
business decision-making, marketing methods, market segmentation, consumer buying
behavior, and effects of marketing on companys 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
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
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
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.
Unit 4: Planning and Decision Making:
Managing Innovation and Change. Managerial Decision Making.
Unit 5: Organizing: Basic Elements of Organizational Structure. Strategic Organization
Unit 6: Organizing: Human Resources
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
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
Unit 1: An Overview of Financial
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
Unit 11: Capital Structure Decisions.
Unit 12: Dividend Policy and Conclusions.
LEGAL ENVIRONMENT OF BUSINESS
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
Unit 1: Nature and Sources of Law.
Unit 2: Court Systems, Jurisdiction, and
Functions. Dispute Resolution.
Unit 3: Common and Statutory Law.
Unit 4: Lawmaking by Administrative
Agencies. Ethics, Corporate Social Responsibility, and the Law.
Unit 5: Contract and Sales Law. General
Unit 6: Product Liability. Business Torts
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
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
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.
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.