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MBA 11 MBA Common Professional Components

This course covers a review of the basic fundamentals of business for ACBSP accreditation. It covers the areas of marketing, information systems, business law, management, business math and statistics. Additionally, the course will review economics, business ethics, international business, financial accounting and managerial accounting. Finally, the course will review corporate finance and the strategic management process to prepare students to perform well in the MBA program.

Credits

3

Outcomes

  1. This course will prepare students to:
  2. Understand the fundamentals of Business Ethics including: Ethical Foundations; General Principles of Business Behavior; Business and Employees; Business and Customers/Public; and Business and Investors.
  3. Understand the fundamentals of business law, including legal systems; courts and ADR, contracts, business organizations, torts, property rights, among others.
  4. Understand the fundamentals of Business Math & Statistics including: Basic Business Math; Forecasting; Regression Analysis; Probability; Decision Analysis; and Excel.
  5. Understand the fundamentals of Corporate Finance including: Analyzing Financial Statements; Projecting Earnings and Cash Flow; Creating Value for Stockholders Capital Budgeting; Calculating the Cost of Raising Capital; Assessing Merger and Acquisition Targets; and Financing Investments.
  6. Understand the fundamentals of Economics including: Comparative Advantage and the Benefits of Trade; Demand & Supply; The Costs of Production and Profit Maximization; Economic Performance Metrics; Money & Banking; and Aggregate Demand & Aggregate Supply.
  7. Understand the fundamentals of Financial Accounting including: the Nature of Accounting; Basic Financial Statements; the Accounting Cycle; Cash Flow Analysis; and Analysis of Financial Statements.
  8. Understand the principles of Information Systems which include Basic Computer Concepts; the Impact of the Information Age; Information Storage: Data, Databases, and Business Intelligence; Information Access: Networked Computing; Business Processes: The Power Users of Information Systems; and Securing Data.
  9. Understand the fundamentals of international business including: political economy; foreign direct investment; economic integration; finance; business organization and operation; marketing and human resources.
  10. Understand the fundamentals of Management which include Management and Its Environment; Planning; Organizing; Leading; and Controlling.
  11. Understand the fundamentals of Managerial Accounting including: Job Order and Process Costing; Cost-Volume- Profit; Budgeting; Variances and Activity Based Costing; and Capital Budgeting.
  12. Understand the fundamentals of Marketing which include Marketing Planning; Understanding Buyer Behavior; Segmentation, Targeting and Positioning; Product and Promotion Strategy; and Distribution and Pricing Strategy.
  13. Understand the fundamentals of the Strategic Management Process including: Setting Strategic Direction; Industry and External Analysis; Company and Internal Analysis; Corporate-level & Business-level Strategy; and Strategy Implementation.