Erivan K. Haub School of Business

Foundation Courses

Foundation Courses: The foundation curriculum consists of 21 Credits (7 courses), 18 of which can be waived. These courses are:


** This course may not be waived

Note: Those students who do not have a proficiency in Mathematics will be required to successfully complete the following 1-credit workshop:


A student's ability to be waived from these courses depends on a number of factors:

  1. When the student took the equivalent undergraduate course(s). Several disciplines (e.g., Accounting) have "time limits" after which the course-of-study is said to be outdated.
  2. The grade earned in the equivalent undergraduate course(s).
  3. The number of credit hours received in the equivalent undergraduate course(s). Several disciplines require six (6) undergraduate credits in order to be considered for possible waiver. For example, to be waived from Accounting Concepts, students must have taken both Financial and Managerial Accounting. In addition, to be waived from Managerial Economics, students must have taken both Micro- and Macro-Economics.

MBA 3815 Math For MBA Studies

Various mathematical concepts are explored in reference to making business decisions. Topics include methods to solve systems of linear equations, matrix operations and derivatives. A review of basic algebraic concepts such as quadratic formula, scientific notation, and graphing techniques is also covered. (1 Credit)

MBA 3115 Accounting Concepts

This course is designed to introduce you to the language of business. You would learn the conceptual foundation of financial accounting and financial reporting of business activities. This, in turn, would help you gain insight about accounting in terms of measuring, recording, reporting, and interpreting economic transactions. Topics include full and fair reporting model, accrual and cash based measurement of profitability, and financing, investing, and operating activities of businesses. This course emphasizes the importance of accounting for decision-making and provides insight as to why ethics are important for business and accounting. (3 Credits)

MBA 3215 Managerial Economics

This course familiarizes students with the basic concepts, the language and the analytical tools of microeconomic and macroeconomic theory in order to enhance decision-making in business and finance. The course is divided into two parts. The first part focuses on the component parts of our economic system: consumers, workers, production enterprises, governments, and the interactions of these entities in markets where the prices of outputs and inputs are determined. The second part covers aggregate economic activity and looks at the problems of inflation and unemployment. It analyzes the role of government in controlling the growth of the economy, the theory of money and banking, and the role of the Federal Reserve System. (3 Credits)

MBA 3315 Financial Management

This course is an introduction to finance and lays the background for future courses. Topics include the financial environment including the federal reserve system, financial analysis, time value of money, working capital policy, cash management, risk and return, and valuation.

Prerequisites: MBA 3215, MBA 3815 (3 Credits)

MBA 3515 Managing Work Organizations

This course focuses on both the behavioral and technological aspects of work organizations. The behavioral aspects of organizations are discussed at three different levels. On a societal level, the place of work organizations relative to other institutions in contemporary society will be considered using a stakeholder model of the firm. On an organizational level, the concepts of organizational structure, technology, job design and culture will be examined, emphasizing the importance of each to the goal of organizational effectiveness. On an individual level, the roles and responsibilities of the manager will be analyzed, helping students to recognize the critical managerial practices for achieving organizational effectiveness. The course emphasizes the role of technology in organizational effectiveness, focusing on database management and telecommunications. Hands-on computer work will be included. (3 Credits)

MBA 3615 Marketing Concepts

This course covers basic marketing theory and practice. Topics include the social role of marketing within our economic society, the marketing process, the marketing environment, the role of marketing within the organization, the process of developing marketing strategies and programs, the concept of diffusion of innovation, new product development, marketing research, the concept of customer value, the process of targeting, segmentation, and positioning, and the marketing mix variables.

MBA 3715 Business Statistical Tools with Excel

This course covers descriptive statistics including tabular, graphical, and numerical methods. Probability distributions such as the binomial, Poisson, and normal are covered. Sampling, internal estimation, hypothesis testing, and linear regression are included. The emphasis is on practical application to business situations including computer applications. A knowledge of Excel is required. (3 Credits)

MBA 4005 Applied Project Team Skills

This course will focus on the essential managerial skills of oral and written communications, building and working in teams, project management, and research. Using a project management framework, students will learn about the issues, problems, and solutions to carrying out a team project from start to finish. Proficiency in basic Windows Operations and Microsoft Office Suite is assumed.

Prerequisites: Completion (or waiver) of all other MBA foundation courses. Attendance at first class is mandatory. (3 Credits)