Business Administration
Build a Foundation
Prepare for fast-track professional business careers, entrepreneurial success, or continued study in an M.B.A. program. The Business Administration Diploma Program introduces you to the fundamentals needed to succeed in business management, including accounting, finance, marketing concepts, and interpersonal skills. Business Administration is a core program option in the Management and Business Track.
Business Administration Courses
Your program begins with Management Accounting. Reading assignments, videos, and the real-life experiences of your instructor provide you with a thorough background in financial and managerial accounting. By the end of this course, you will be able to
- analyze and interpret financial statements
- develop a budget and explain budget variances
- make sound business decisions using relevant accounting data
Organization and Management provides a general introduction to current management concepts and practices. You apply theory in a real-world setting through group work and simulations. When you have completed this course, you will be able to
- describe and identify basic management functions and activities
- diagnose organizational problems and conflicts, and develop plans to resolve them
- analyze and critique your own management style
Essentials of Economics introduces you to microeconomics and how the theory of supply and demand is applied to markets. The course explores the effect of public policy and concludes with a discussion of international trade and finance. When you complete this course, you will be able to
- describe and understand the science of economics
- discuss economic decision making and public policy in the international marketplace
- identify the true costs associated with making decisions
Essentials of Marketing explores the basic principles of developing and presenting a marketing plan for a product or service. By completing Essentials of Marketing, you will
- develop an understanding of the basic elements of marketing
- apply marketing concepts to real-life business challenges
- acquire critical, logical, and analytical thinking skills
International Business Negotiating uses lectures, videos, and case studies to illustrate the techniques, tactics, and strategies of negotiations. In role-playing exercises, you examine the role of cultural values in international business transactions. By the end of this course, you will be able to
- strategically plan negotiations
- successfully facilitate international and multicultural negotiations
- effectively manage and resolve interpersonal and group conflicts
Business Forecasting and Planning introduces you to the basic statistical techniques you can use to prepare forecasts and long-range plans. Case studies are an important part of this course, emphasizing the techniques for effective decision making. At the end of this course, you will be able to
- manage and monitor the forecasting process
- choose a forecasting technique using standard business methodology
- apply both primary and secondary research techniques
Fundamentals of Finance provides you with an overview of financial concepts used to make good business decisions. The course emphasizes the contributions of cash flow, timing, and risk to shareholder value. By the end of this course, you will be able to
- explain ideas using essential financial terms
- identify projects that create value for shareholders
- interpret the principal financial statements in a company's annual report
Global Business and Marketing Strategy is the capstone course. Through a computerized simulation, you apply the principles learned in all your courses in a memorable and competitive setting. As part of a multidisciplinary team, including students from the Marketing and International Business Programs, you
- act as a senior manager for a virtual global business
- learn to think as a general manager and beyond the fixed costs of an enterprise
- learn to think strategically by taking into account ideas from diverse sources of information
Unlike many M.B.A. programs, the Business Administration Diploma Program provides added workshops and seminars to give you the hands-on training you need to be successful in today's business world. You gain confidence as you develop statistical and financial analyses, create business plans, and work as an integral part of a multicultural team.