Contact us for more information on prerequisites. We offer these 4 prerequisite courses online in the fall, spring, and summer semesters.
Survey of Economics (3 semester hours)
This course introduces the field of economics, emphasizing the key components of a mixed market economy. Topics include quantity and price determination, business and household decision making, market failures, macroeconomic measurement, and explanations of the business cycle. The course will also assess the pros and cons of government intervention under various settings.
Statistics for Business (3 semester hours)
This course provides a basic foundation in the discipline of statistics and statistical analysis. Statistics is used widely in business management including areas such as accounting, operations, human resources, finance and marketing. Understanding of the role that statistics plays is important in your development as a manager. This course is designed with need only of a facility in basic algebra. The course is delivered on-line through Aplia, a web-based course content provider.The objectives of this course are to provide the following:
- Understanding the basic definitions of data including scales of measurement and basic descriptive statistics.
- Understanding how to describe data with both tabular and graphical presentations.
- Understanding measures of central tendency and measures of variability and the various techniques used to describe these measures.
- Understanding the relevance of basic probability to the understanding and application of statistical analysis.
- Knowing basic discrete probability distributions and how to use them in making statistical inferences.
- Knowing basic continuous probability distributions and how to use them in making statistical inferences.
- Understanding concepts of sampling and sampling distributions and how they are used.
- Knowing how to compute confidence intervals for means and proportions and knowing the relevance of those intervals and how they are used.
- Knowing how to frame conjectures into testable hypotheses and how to conduct hypothesis tests.
- Knowing how to compare means, how to create experimental designs and how to conduct an analysis of variance.
- Knowing how to compare proportions and how to create tests of independence.
- Knowing how to use basic simple regression to model causality
Survey of Accounting (3 semester hours)
A basic first course in accounting for graduate students in business. A useful introduction to accounting principles and practices and to interpreting financial statements. No background in accounting is assumed. The course includes a description and derivation of financial statements prepared by accountants and a discussion of a conceptual framework which provides rationale for accounting practices. The course also covers corporation accounting and examines the use of accounting information in the planning and controlling of the firm’s operations.
Introduction to Finance (3 semester hours)
This course provides an introduction to the theory of corporate finance and the application of theory to problems faced by financial and general managers. Topics include financial statement analysis, long-term financial planning, various valuation models, capital budgeting, risk analysis, cost of capital, and working capital management.