Business Foundations

Business Foundations course modules cover fundamental concepts and skills for dealing with quantitative business information, and key concepts and institutions that construct the environment in which businesses operate. 7.5 required credits and one required milestone.

Core Statistics

Business leaders are faced with an abundance of data generated by organizations, industries, and third parties. This course covers classical inference procedures and basic statistical concepts often essential to interpretation of business data. Students will learn to ask probing questions about the specifics of data and statistical techniques, to understand the conditions for drawing reliable inferences, and to assess the validity of statistical evidence. Topics include: discrete and continuous random variables, sampling, confidence intervals and hypothesis testing. (BADM 5180, 1.5 credits)

Spreadsheet Modeling for Business Analysis

In today’s data driven environment, spreadsheets dominate as a primary tool to model, analyze and communicate analysis of business problems and opportunities to aid decision making. This course builds students’ abilities for effective quantitative business analysis and communication, using a spreadsheet program such as Excel. Spreadsheet modeling uses such as regression, forecasting, simulation and decision models will be covered, in different functional areas including finance, marketing, operations, and management. (BADM 5181, 1.5 credits)

Value Creation and Competition

A primary objective of business is to produce value for its owners. In this course, students analyze the challenges inherent in navigating competitive markets with the objective of adopting strategies to achieve value creation, and assess the fit between internal capabilities and the competitive landscape to identify and plan for potential threats and opportunities from environmental change. (MGMT 5181, 1.5 credits)

Foundations of Economic Environments

Provides students with applied knowledge of key economic and psychological concepts that ground interactions among individuals and organizations in the global business environment. (BADM 5170, 1.5 credits)

U.S. Capital Markets and Institutions

Given their role in the global economy, an understanding of the unique structures of U.S. capital markets and other institutions governing business in the U.S. is important for successful business performance. Completion of this noncredit module satisfies the MBA milestone requirement for demonstrated understanding of US capital markets and business institutions. (BADM 5151)

Government and the Legal Environment of Business

This course covers the legal and ethical environment of business, including an introduction to legal institutions and legal process, intentional torts and negligence, product liability, corporate governance, securities regulations, employment law, intellectual property and related topics. This course delivers the essentials of ‘legal astuteness,’ enabling students to ensure regulatory compliance, manage legal counsel, minimize liability and reach value-added business decisions in an increasingly complex regulatory environment. (BLAW 5181, 1.5 credits)