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About the course
Gain business knowledge that you can apply to your current job as you build momentum for your next career move.
The Business Management Certificate offers an understanding on how to improve business operations. This program is designed to equip students with practical business intelligence, IT leadership, and business research.
You can also tailor your coursework to your specific career goals. You’ll learn how to make your work days more effective—so that while you keep one eye on your daily responsibilities, you can keep the other on big-picture strategy and goals.
Eye care professionals may select a course offered from the IU School of Optometry to gain specialized management skills for the eye care industry.
Think about where you are currently in your career, and where you want to be. Then, choose four of the six courses below that align with your career goals to earn your certificate.
C520: Quantitative Analysis (3 credit hours)
In this course, we enhance your statistical and mathematical modeling skills covering the following topics:
- Probabilistic decision-making
- Regression analysis
- Simulation with @RISK
- Optimization modeling with the EXCEL Solver
- Making decisions when multiple objectives are involved
- Using neural networks to improve forecasting.
C521: Managing Accounting Information for Decision-Making (3 credit hours)
In this course, you’ll gain a user-oriented understanding of how accounting information should be managed to ensure its availability on a timely and relevant basis for decision-making. The first part of the course reviews financial accounting and reporting while the second part of the course focuses on cost-benefit analysis for evaluating the potential value-added results from planning, organizing, and controlling a firm’s accounting information. The use of cases, forum discussions, and computer support is used extensively.
C530: Economics for Managers (3 credit hours)
In this course, you’ll learn about:
- Economic decision making in the business firm
- The strategic interaction of business firms in industries
- The purchasing and behavior of individual consumers and consumers as a group
- The influence of public policy on market outcomes
You’ll also develop:
- A fluency with the language of economics and a strong 'economic intuition'
- The skills to analyze intra-industry rivalry
- An improved understanding of public policy issues
There will be an emphasis on the logical foundations of economic analysis and managerial decision making to promote the understanding and application of various quantitative measures.
C540: Financial Management (3 credit hours)
In this course, you will:
- Develop a working knowledge of the tools and analytical conventions used in the practice of corporate finance
- Establish an understanding of the basic elements of financial theory to be used in application of analytical reasoning to business problems
- Explore the interrelationship among corporate policies and decisions.
Your coursework will include problem sets, study group preparation of executive summary memos and critiques, and the use of PC spreadsheets to develop a planning model for a case focusing on funds requirement.
C570: Strategic Marketing Management (3 credit hours)
Here’s your introduction to the process of creating a market-driven organization. Specific course topics will include marketing strategy, market research and analysis, and the development of products and services, pricing, distribution and promotion. The course employs lectures, classroom discussion through threaded discussion forums, case analysis, and field research projects.
C580: Operations Management (3 credit hours)
In this course, you’ll survey the management of operations in manufacturing and service firms. Students will work through diverse activities, such as:
- Determining the size and type of production process
- Purchasing the appropriate raw materials
- Planning and scheduling the flow of materials and the nature and content of inventories
- Assuring product quality
- Deciding on production hardware and how it gets used
You’ll also learn that managing operations will require both strategic and tactical skills. The topics considered include:
- Process analysis
- Workforce issues
- Materials management
- Quality and productivity
- Strategic planning
The course makes considerable use of business cases. Most classes will be spent discussing the cases assigned. For each case, students will be asked to review actual company situations and apply technical and managerial skills to recommending courses of action. Most cases will be taken from manufacturing, but some will be service-oriented. Several of the cases will focus on international companies or challenges
Online MS in Finance Pre-Req
If you plan to transition to an Online MS in Finance, you'll need to take the following courses in your Business Management Certificate plan of study:
- C521: Managing Accounting Information for Decision Making
- C540: Financial Management
C521 must be taken before C540 C520 is recommended before C580
IU School of Optometry
One course offering is currently available:
V652: Aspects of Practice Transitions (3 credit hours)
This course is designed to serve as a guide through the process of joining a practice as an associate or adding an associate as a practicing doctor. We help students understand and analyze a practice's financial statements. Students will learn the preferred mechanisms for practice transfer, the assessment of a practice's lifecycle, the process of establishing true costs for adding associate doctors, strategies for practice growth, associate recruitment/pay options, practice valuation, and common contractual elements to consider.