Business Administration - Student Learning Outcomes

Upon completion of the Business Administration 632/671 degree program, the student will be able to:

  • Discuss the nature of business and describe basic forms of business ownership.
  • Identify and discuss the responsibilities and significance of human resource management, major issues surrounding labor-management relations, and motivational approaches available to managers. 
  • Compose concise and effectively written business documents (letters, memos, e-mail, reports, newsletters, news releases, and business presentations) and present concise and effectively worded oral reports.
  • Describe the basic functions of data communication and utilize information technology to create and format business documents.
  • Demonstrate knowledge of substantive law, case law, and precedent on business and society, and integrate social responsibility/ethical issues concerning legality.
  • Define basic generally accepted accounting principles.
  • Compile basic financial statements and analyze financial statement data to assess the financial condition of a business.
  • Identify and discuss modern theory and practice relating to operations management in manufacturing and service environments.
  • Explain various economic tools used to measure the state of the economy and evaluate the appropriateness of various types of fiscal and monetary policy.
  • Apply economic principles to evaluate supply and demand, describe various market structures and their characteristics, explain government regulation in industry; and apply marginal productivity theory to a firm’s production decisions.
  • Compute and apply common financial ratios to evaluate the financial performance of a business.
  • Apply time value of money concepts to assess investment opportunities and financial decisions.
  • Develop and demonstrate knowledge of fundamental concepts in the analysis of common financial instruments such as loans, corporate bonds and common stock.
  • Describe concepts of risk, and risk-return tradeoff.
  • Solve basic capital budgeting problems and describe key issues in corporate financial decision-making.

Business Department Director
Nick Kocher
MacArthur Hall 422