Business Management

PROGRAM OUTLINE

This outline covers all four semesters of your at-home degree program. You will receive credit for previous college course work if you meet Penn Foster College standards. If you wish to receive credit for previous course work, contact the college you attended and ask that your official transcripts be forwarded to Penn Foster College for evaluation. There is a non-refundable transcript processing fee of $30. All previous college work must have been completed with a grade of "C" or better, and as much as 50% of the required credits may be transferred. We will also credit your tuition for all the courses that are acceptable.

System Requirements
You will need access to a computer to complete this program. Penn Foster recommends the following as minimum specifications: Pentium® II or better processor, using Microsoft® Windows® XP or later, capable of running Microsoft® Office 2007. You will also need Internet access.

Online Library and Librarian
Students at Penn Foster College have access to an online library during their college studies. Students can use the library to do the required course research or for general reference and links to valuable resources. The library contains helpful research assistance, articles, databases, books, and Web links. A librarian is available to answer questions on general research-related topics via e-mail and will assist students in research activities.

SEMESTER ONE

Basic Skills Assessment All degree applicants are required to complete two Basic Skills Assessments, one in reading and one in math, to determine the level of readiness for beginning their selected program. Additional studies may be required. BUS100 – Business Orientation (1 credit) Introduction to distance learning; study skills and techniques; reading textbooks and study guides; reviewing for examinations. Four basic life goals; individual life goals and steps needed to fulfill them; similarities between personal financial goals and business goals; determining personal financial goals; setting up a budget; researching, planning, starting up, and maintaining a business. ENG103 – Information Literacy (1 credit) Teaches students to become effective in finding and utilizing information at libraries and other information centers, and through electronic resources available in libraries and on the World Wide Web. BUS101 – Introduction to Business (3 credits) Business in a global environment; starting and growing a business; human resources; marketing; information and technology; finances. (Required textbook provided with the course.) BUS110 – Principles of Management (3 credits) The business environment; planning; organizing; leading and controlling. (Required textbook provided with the course.) Social Science Elective (choose one): SSC130 - Essentials of Psychology (3 credits) SSC105 - Readings in World Civilizations (3 credits) SSC150 - Foundations of Political Science (3 credits) MAT106 – Math for Business and Finance (3 credits) Percentages; discounts; interest; present worth; sinking funds; installment buying; pricing; depreciation; investments; insurance; use of symbols and their applications, equations and formulas; importance of statistics. (Required textbook provided with the course.) Proctored Examination*

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SEMESTER TWO

CSC104 – Computer Applications
Hardware and software; computer networks; information systems; personal computer systems; legal and ethical dilemmas. Software applications include creating a resume, spreadsheet, and slide presentation.

ENG100 – English Composition
Writing difficulties; grammar review (sentences, parts of speech, punctuation marks, and paragraphs); defining unfamiliar terms; finding ideas through free writing and brainstorming; organizing ideas; principles of revising and editing; figures of speech; writing for the senses; getting the readers' attention; descriptive writing; first-person narratives; reflective and persuasive essays; thesis statements. (Required textbook provided with the course.)

ACC111 – Financial Accounting (3 credits)
Analyzing transactions; completing the accounting cycle; merchandising businesses; inventories, assets, and liabilities; and corporations, stocks, bonds, and cash flow.

HUM106 – Interpersonal Communication (3 credits)

MKT301 - Marketing

Arts & Humanities Elective (choose one):

HUM102 - Art Appreciation
HUM104 - Music Appreciation
ENG115 - Introduction to Literature

Proctored Examination*

SEMESTER THREE

BUS121 – Economics I (3 credits)
Macroeconomics; the cost of living; monetary systems; international factors; short run economic fluctuations.

ACC112 – Managerial Accounting (3 credits)
Introduction to managerial accounting; analyses: C-V-P and management; budgeting and performance evaluation; decentralized operations; differential analysis and product pricing; and capital investment analysis, and cost activities.

MAT120 – College Algebra (3 credits)

ENG121 – Business and Technical Writing (3 credits)
Writing styles; ABC method of organizing material; grammar (parts of speech, active and passive voice, complete sentences vs. sentence fragments; parallel construction); using action verbs; constructing paragraphs; writing memos, business letters, and e-mails; organizing material; conducting research; documenting sources; outlining; providing illustrations; writing reports, proposals, descriptions, instructions, articles, and manuals.

HRM201 – Human Resources Management (3 credits)

Science Elective (choose one):

SCI110 - Earth Science
SCI120 - Introduction to Biology
SCI140 - Nutrition

Proctored Examination*

SEMESTER FOUR

FIN101 – Financial Management (3 credits)
Financial assets; investing in long-term assets; capital structure and dividend policy; financial planning and working capital management.

BUS213 – Business Law I (3 credits)
American court practice and procedure; torts; employment law; international law; environmental law; contract law.

BUS340 – Organizational Behavior (3 credits)

MAT210 – Business Statistics (3 credits)
Presentation of data; frequency distribution; averages; dispersion and skewness; index numbers; time series analysis; correlation and forecasting; the theory of probability and statistical inference.

Business Elective (Choose one):

MKT340 - Retail Management
MKT320 - Consumer Behavior
BUS214 - Business Law II
BUS122 - Economics II

Proctored Examination*

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We reserve the right to change program content and materials when it becomes necessary.

* As a Degree candidate, you will take a proctored exam at the end of each semester. We make it easy because you pick the location and the person you want to supervise the exam, as long as Penn Foster College established policy and qualifications are met. Complete information packets with procedures will be provided well in advance, before completion of final semester coursework.

NOTE: Advanced standing student shipments may vary from the above schedule.

A High School Diploma or GED is required to enroll in this degree program. Although this outline covers all four semesters of the Business Management Degree Program, you receive lesson materials for each semester as you enroll.

Microsoft and Windows are trademarks of Microsoft Corporation, registered in the United States of America and/or other jurisdictions.

Pentium is a trademark of Intel Corporation, registered in the United States of America and/or other jurisdictions.

IBM is a trademark of IBM Corporation registered in the United States of America and/or other jurisdictions.