Business coursework can cover a variety of topics and teaches students how to sell products, predict trends, and interact with customers. Programs range from broad ones in general business or business administration to specialized programs in finance, small business management, healthcare management, economics, information systems, human resources management, international business, or public administration. Most programs include lectures and major projects, while other programs may require internship experience.
Common core business courses in both undergraduate and graduate degree programs examine the following general topics:
List of Common Courses
Economics courses are typically divided into macroeconomics and microeconomics. Macroeconomics teaches students how an entire economy operates, while microeconomics focuses on how individual units within an economy work. Macroeconomics courses include subjects such as employment, national income, inflation, price levels, and how money works. Microeconomics courses cover areas such as product markets, government intervention, consumer demand, and how production works in varying economic conditions.
Most business programs require students to take multiple accounting courses in order to understand how financial transactions are handled in sole proprietorships, partnerships, and corporations. Students will learn about the basic accounting cycle, financial reporting, and how accounting information is used in managerial decision-making. Topics such as taxation, cost accounting, and financial accounting may be introduced.
There are several marketing courses available in most business degree programs, but the introductory course is designed to help students understand the basic concepts and procedures of marketing. Channels of distribution, how products are promoted and priced, and legal and cultural factors involved in national and international marketing will be covered. The marketing function will be discussed in terms of planning and decision-making as well.
Organizational Behavior and Management Course
This course will investigate why people behave as they do within an organization. Group dynamics, communication, job satisfaction, and leadership will be discussed. Classical organizational theory, management science, and decision-making models will be taught. Students will also learn leadership, team building, and strategic thinking skills.
This course will give an overview of the factors that affect financial decision-making in a company. Risk analysis on all fronts will be a key focus in this course. Additional topics may include credit derivatives, financial products, asset valuations, and technologies for financial reporting. Students will have the opportunity to run reports that compare such factors as actual sales numbers versus estimated sales projections, among other types of reports.