Reach your potential as a student in our bachelor’s in business administration degree program.
Develop essential management skills to help grow your existing business or face the demands of launching a new business.
Running a small business can be exciting and rewarding—if you’re prepared for the challenges. Drawing from real-world successes and failures, this concentration can help you gain valuable insights into the importance of customer relations and strategic marketing. You can begin applying new tactics immediately in your current business or in the planning phases of a new venture.
In this concentration, you will:
Students may be eligible to transfer up to 135 credits. At least 45 credits must be completed at Walden.
This sequence represents the minimum credit requirement for program completion. The number of credits for completion will vary by student, depending on individual progress and credits transferred, if applicable. For a personalized estimate of your transfer credits that Walden would accept, call an enrollment specialist at 855-515-3563.
|Course Code||LDRS 1001||Course||Personal and Organizational Leadership||Credits||(6 cr.)|
|Course Code||BUSI 1002||Course||Introduction to Management||Credits||(5 cr.)|
|Course Code||ACCT 1004S||Course||Fundamentals of Accounting||Credits||(5 cr.)|
|Course Code||STAT 2002||Course||Business Statistics||Credits||(5 cr.)|
|Course Code||ECON 1002||Course||Microeconomics||Credits||(5 cr.)|
|Course Code||BUSI 2001||Course||Business Law||Credits||(5 cr.)|
|Course Code||DSCI 2010||Course||Data Science Essentials||Credits||(5 cr.)|
|Course Code||MRKT 3001||Course||Marketing||Credits||(5 cr.)|
|Course Code||HRMG 3001||Course||Human Resource Management||Credits||(5 cr.)|
|Course Code||FNCE 3001||Course||Financial Management||Credits||(5 cr.)|
|Course Code||ISYS 3001||Course||Information Systems in Enterprise||Credits||(5 cr.)|
|Course Code||BUSI 3010||Course||Operations Management||Credits||(5 cr.)|
Personal goals, values, and purpose represent the foundations of effective personal leadership. In this introductory course, students explore this concept of personal leadership in their own work and community roles. Through the application of self-assessment tools, students can gain insights into their leadership strengths as well as those areas representing opportunities for improvement. The roles of emotional intelligence and social intelligence are introduced to provide a more comprehensive model of personal leadership. Students also investigate the alignment of Walden's mission of social change with broader societal issues in the workplace, including the relationship between personal and organizational leadership.
The roles, functions, and styles of managers, specifically principles and procedures for planning, organizing, leading, and controlling organizations, are addressed in this introductory course. Emphasized is the practical application of theory to reality. Students focus on the techniques, tools, and methods of managerial decision making and employee motivation, as well as consider the effects of ethical leadership and management practices on an organization. This course is structured so that students have the opportunity to see the interrelationships among the functions, components, and disciplines that comprise the field of management and thereby gain a comprehensive perspective as a foundation for the further study of management.
Students take a top-down approach to understanding introductory accounting documents and procedures by exploring a business's financial statements, including the balance sheet, income statement, and cash flow statement in this course. Students explore the practical uses for information that can be gleaned from these statements, individually and as a whole, through a detailed examination of the properties and characteristics of each statement. Students engage in application assignments and discussions on a variety of topics, such as regulations that should be followed when preparing financial statements as promulgated by generally accepted accounting principles (GAAP). Students examine the U.S. use of GAAP in comparison to the use of International Financial Reporting Standards. BUSI 1002 AND MATH 1030 or MATH 1040.)
In this course, students examine the fundamentals of probability and descriptive and inferential statistics. Students learn concepts of hypothesis testing, simple regression, and correlation analysis, focusing on the application of these techniques to business decision making. Applying these concepts to analyze hypothetical case scenarios, students can learn practical ways that they can use statistics in their daily life. Students also have the opportunity to share insight and gain new perspectives on these topics through weekly discussions.
The principles of microeconomics explain how in a market economy the price system answers the following fundamental economic questions: What goods and services are produced and distributed as well as how and for whom? Students in this course examine the behaviors of households that supply factors of production—natural resources, labor, and capital—to firms and that purchase consumer goods and services from firms. They also investigate firms that maximize profit through their decisions about acquiring factors of production, controlling costs of production, choosing the optimal level of output, competing with other firms under different market structures, and making investment decisions about entering new markets. MATH 1030 or MATH 1040.)
Responsible business leaders and decision makers must conduct transactions and operations according to clearly defined rules, laws, and processes to ensure stability and protection for their company. Students in this course examine the legal issues faced by managers, fundamental legal principles, and common issues in the field, such as workplace law, contract disputes, and intellectual property guidelines. Students engage in discussions and application assignments focused on the responsibilities of business professionals, such as understanding the fundamental legal principles in business and commerce; analyzing business contracts; adhering to legal issues in interviewing, hiring, and firing; developing, using, and defending intellectual property; and understanding the regulatory context. BUSI 1002.)
The importance of data science cuts across nearly all major industries and companies. In this course, students explore the scope and multidisciplinary nature of data science with a focus on solving problems using data from across disciplines. Students will see how tools like Watson Analytics can be used to discover patterns and meaning in data. They consider ethical considerations related to data science applications, develop a questioning mindset, and explore a data science framework that can be applied to any industry, business, or organization.
Students examine basic marketing functions and the execution of successful marketing processes. They gain a fundamental understanding of marketing concepts, practices, terminology, associated technologies, and practical applications including customer relationship management. BUSI 1002.)
This course is a comprehensive overview of human resource management for students. They discuss the role of human resources managers as strategic partners who focus on the mission and goals of an organization. Students examine traditional topics, such as job analysis and design, recruitment, selection, performance appraisal, training, staffing, career management, compensation, benefits, health and safety, and employee relations. They also evaluate technology-based resources that aid contemporary HR processes and responsibilities. Through case studies and practical exercises, students work toward gaining the skills that enable them to develop important employment policies and procedures, such as those addressing ethical and equal opportunity issues in regard to legal and environmental regulations. BUSI 1002.)
All organizations must collect and analyze financial information to make important decisions regarding operations, such as payments, budgeting, and investing in new business. Students in this course learn to use financial and managerial finance theory, concepts, and tools to make better financial management decisions as well as to conduct sound financial analysis. They examine the principles of finance from an applied perspective through the examination of difficult strategic and operational decisions that exist in the business environment. Students gain hands-on financial management experience as they compile financial statements, analyze and report financial results, and calculate elements of time value of money for single or multiple cash flows. ACCT 1003 or 1004S.)
All businesses rely on systems to process, collect, share, and store important information. The most effective way to help an organization achieve its goals is to understand how to leverage information systems and emerging technology. In this course, students have the opportunity to gain skills needed to employ such leverage in the professional arena. Students examine the characteristics of information systems and their role in organizations. They also assess and discuss the impact that information systems have on the enterprise as a whole, in addition to their current architectures, enabling tools, and project cycles. BUSI 1002.)
An overview of the concepts, methodologies, and applications of business operations management is provided to students in this course. Students focus on operations, the supply chain, and the process of transforming resources into products and services. They explore the responsibility of operations managers to make cost-effective and cross-functional decisions that increase the productivity and competitiveness of manufacturing and service organizations. Students examine product flow processes and product-process strategies to increase efficiency and effectiveness within organizations. Students also have the opportunity to learn the process of planning, implementing, and monitoring operations to ensure the continuous improvement and quality standards of goods and services. BUSI 1002.)
|Course Code||BUSI 4002||Course||Small Business Ventures||Credits||(5 cr.)|
|Course Code||BUSI 4003||Course||Marketing Strategies for Small Business||Credits||(5 cr.)|
|Course Code||BUSI 4004||Course||Customer Relationship Management for Small Business||Credits||(5 cr.)|
The focus of this course is on evaluating business concepts and business plans for small businesses so that students can develop strategies for successfully launching and operating a small business. Students examine the small business life cycle and explore resources available to small business owners. Real-world case studies expose students to the challenges of running a small business venture. Topics covered include startup business ideas, financing the small business, legal and liability issues, employment decisions, ethical and moral considerations, and expansion opportunities for small businesses. BUSI 1002.)
In this course, students address the unique aspects of marketing a small business. Students examine market definition, product development, and diversification strategies designed to help small business owners expand their business reach. Students learn effective ways small businesses can leverage technology such as e-commerce, social media, and other online marketing methods. BUSI 4002.)
In this course, students learn about the impact of operating decisions on customer relationships as they relate to building, maintaining, and growing a loyal customer base. Students assess approaches to customer relationship marketing and management for competitive advantage. They also evaluate strategies for excellence in customer service within a culture driven to meet and exceed customer expectations. BUSI 4002.)
|Course Code||BUSI 4900||Course||Capstone: Strategic Business Management||Credits||(5 cr.)|
In this capstone course, students use knowledge gained throughout the entire program to demonstrate mastery of various core competencies. The major course project in which students engage is a simulation-based strategic case study. Students apply and integrate a variety of skills, tools, and knowledge to assess the strategic issues in a real-world case analysis and arrive at recommendations for change and/or improvement. Through this course, students demonstrate their understanding and competency in identifying complex problems and solutions. Each student, based on his or her concentration area, will demonstrate validation of skills by taking part in a third-party nationwide simulation/examination administered online. all required core and concentration courses.)