MGM507 Foundations of Management

These courses provide a thorough foundation in the concepts of financial accounting, financial management, managerial economics and statistical methodology used in modern management decision-making. The focus is on understanding financial accounting statements, applying common principles of management accounting, conducting financial analysis, determining project selection, formulating capital structure and preparing capital budgets. Demand, cost and supply concepts from a business perspective are included, as well as an introduction to practical applications of descriptive and inferential statistics used in decision analysis. The courses assume no prior knowledge of these areas and are an excellent refresher course for those with some familiarity in these areas. They are organized as a set of self-paced modules.

Corequisite

None

Credits

4

Distribution

Business

Notes

This course is no longer offered.