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.
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)
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)
Business, Law, and Ethics in Modern Society
This course examines the formulation, interpretation, and application of law to business. It incorporates the study of ethical issues that arise in contemporary business settings, including professional conduct and corporate social responsibility. This course covers major areas of legal regulation to which businesses are subject, including tort liability, contract law, partnership and corporate law, employment and labor law, intellectual property law, environmental regulation and sustainability, and financial regulation. Emphasis is placed on active, experiential application of legal reasoning and analysis and on the global and comparative dimensions of legal and ethical issues. (BLAW 5175, 3 credits)