Business Management classes curriculum
Designed to provide a comprehensive understanding of business best practice, our Business Management classes curriculum starts with an introductory class and gives students the option of a number of electives. From accounting and ethics to finance, microeconomics, and marketing, you can expect a well-rounded starting point for pursuing further education or applying your new-found knowledge to your career immediately.
Required course
C01 - Introduction to BusinessThis course identifies concepts, principles, and operations of the private enterprise system. Here you'll compare and contrast sole proprietorships, partnerships, and corporations, learning the advantages and disadvantages of each. This course also discusses the functions of modern business management, marketing, and ethics and social responsibility. Human resource management and how employers can motivate their employees are also described. Finally, you'll learn about bookkeeping, accounting, financial management, and financial statements.
By the end of this course, you'll be able to do the following:
- Discuss the fundamentals of business and economics
- Explain the importance of social responsibility and business ethics, including ethical considerations that influence international trade
- Describe options for organizing a business and the steps for starting a business
- Discuss how management, organizational culture, communications, and operational management affect a business
- Describe methods for managing, motivating, developing, and compensating a workforce
- Explain the function and importance of marketing and marketing strategies within a business and the impact of digital marketing
- Discuss accounting processes that businesses use and the role of money in the American financial system
- Describe aspects of financial management, including assets, liabilities, and securities, and how to evaluate your personal finances
Credit Hours: 3
Course electives
A01 - Introduction to AccountingIntroduction to Accounting introduces basic concepts of accounting using a balance of theory and practice. Topics covered include double entry bookkeeping, the accounting cycle for service and merchandising enterprises, notes and interest, bad debts, merchandise inventory, and accounting for fixed assets.
By the end of this course, you'll be able to do the following:
- Apply accounting principles to the accounting equation and balance sheets.
- Explain the expanded accounting equation and the financial documents involved.
- Demonstrate the use of a T-Account in recording transactions.
- Apply accounting principles to the trial balance and financial statements.
- Apply accounting principles to the processes of journalizing and posting.
- Apply accounting principles to the adjusting process.
- Apply accounting principles to the completion of the accounting cycle.
- Apply accounting principles to banking.
Credit Hours: 3
This course will introduce you to the types of ethical issues you may encounter in your professional life and provide you with ways of considering what the best response to an issue might be. First, you'll be introduced to different schools of thought about how to determine the "right" course of action—philosophical approaches such as utilitarianism, Kantian ethics, and character-based philosophies. Second, in addition to these personal ethics perspectives, you'll be introduced to various business-related approaches to ethical issues in a professional setting. Third, you'll be introduced to a process for decision making to balance the personal, professional, and societal considerations to help you make good decisions in your business life. Finally, you'll be given an overview of selected areas of business that may require particular attention to ethical and social responsibility issues.
By the end of this course, you'll be able to do the following:
- Categorize ethics and perspectives pertaining to business and decision making.
- Distinguish between the norms of corporate culture and the corporate social responsibilities.
- Analyze the various employer and employee responsibilities, the issues of technological capabilities, and ethical marketing.
- Point out the impact of ethical corporate governance on corporate sustainability and conflicts of interest.
- Prepare a report on business ethical decisions in veterinary practice by utilizing your findings.
Credit Hours: 3
Principles of Finance offers a broad overview of corporate finance, including the goals of financial management. You'll examine how the information contained in financial statements is used in analysis and forecasting. The topic of valuation is introduced, with a focus on valuing stocks and bonds. You'll review the financial manager's role in estimating risk and return, computing cost of capital, evaluating capital structure policies, making investment decisions, and raising capital. Other topics include financial securities and derivatives, long-term and short-term planning, and innovations in corporate finance.
By the end of this course, you'll be able to do the following:
- Describe the financial markets and the roles played by their participants.
- Analyze financial statements.
- Apply time value of money tools.
- Apply the principles of risk and return relationships.
- Apply the tools and processes of capital budgeting.
- Interpret the types of financing available to a company, their components, and issues associated with them.
- Explain the models and tools that help manage the flow of funds.
- Describe how capital structure, dividend policy, and international issues impact the firm.
Credit Hours: 3
This course will provide a survey of the economic behavior on an individual human and business level. You'll learn the basic concepts of the economic perspective needed to work with the principles of economics. In addition to the basic concepts of supply and demand, market structures, consumer behavior, government regulation, resource markets and modern issues in microeconomics will be explored in this course.
Objectives:
- Explain the basic concepts of economic perspective
- Analyze how price and efficiency affects consumer behavior
- Distinguish between pure competition market, pure monopoly, monopolistic competition, and oligopoly market structure
- Analyze the factors affecting allocation of resources and wages with the impact of government policies
- Describe the modern issues related to resource pricing, trade, immigration, and poverty on the economy
Credit Hours: 3
Principles of Management is designed to help you understand the major functions of management (planning, organizing, leading, and controlling) and the significance of each function in relationship to the existence of the company. This course describes how companies use management to set and accomplish goals through individuals, groups, and other types of resources. It also analyzes communication and ethics in the organization. Other topics include decision making, change, employee development, organizational structures, management control, leadership, conflict resolution, information security, and globalization.
By the end of this course, you'll be able to do the following:
- Describe the management role and its importance within an organization.
- Discuss the role that social responsibility and ethics has on managing.
- Describe decision-making as it relates to management.
- Describe the role of strategic management and project planning in managing an organization or team.
- Examine the role that structure and human resources play in managing an organization.
- Discuss how managers can impact individual and team behavior.
- Explain theories of and approaches to leadership and motivation.
- Explain how managers control operations and performance.
Credit Hours: 3