MGMT 5031 - Survey of Business Principles

Credit Hours: 3 Lecture: 3 Lab: 0

An introduction to and survey of business principles including principles of statistics, economics and marketing theory and practice. Topics from statistics may include sampling, data measurements, descriptive statistics, probability, probability distributions, confidence intervals, hypotheses testing, correlation, simple and multiple regression, ANOVA, forecasting and statistical process control. Topics from economics may include principles and analysis of microeconomic and macroeconomic issues and concepts as applied in a domestic and global setting. Topics from marketing may include how product, distribution, promotion and pricing strategies are determined in a dynamic environment to create customer value. May not be taken as graduate elective credit by any BUS student. 

MGMT 5031 (formerly BAPA 5031) is a business foundation course and is designed for COB graduate students whose prior academic study lacked adequate coverage of specific basic principles critical for advanced studies in business. This foundation course may be waived by presenting equivalent courses taken at an accredited university and passing such courses with a grade of “C” or better.  International students should obtain a subject analysis evaluation and have the results sent to the College of Business prior to matriculation for a possible waiver. Prior to registering for the foundation class, students should contact their academic advisor to see if courses they have already completed in their undergraduate degree satisfy foundation course requirements.