* Accounting: This course covers the basics of financial accounting, including financial statement preparation and analysis. It also introduces cost accounting and managerial accounting concepts.
* Business Law: This course provides an overview of the legal environment in which businesses operate, including contract law, tort law, and property law. It also covers the basics of corporate governance and regulation.
* Economics: This course covers the principles of microeconomics and macroeconomics, including supply and demand, market competition, and economic growth. It also introduces international economics concepts.
* Finance: This course covers the basics of corporate finance, including capital budgeting, cost of capital, and capital structure. It also introduces investment and portfolio management concepts.
* Management: This course covers the principles of management, including leadership, organizational behavior, and human resource management. It also introduces operations management and strategic management concepts.
* Marketing: This course covers the principles of marketing, including market research, product development, and pricing. It also introduces sales and distribution management concepts.
In addition to these core subjects, first year MBA programs may also offer elective courses in a variety of areas, such as:
* Business Analytics: This course covers the use of data and analytics to improve decision-making in businesses. Topics may include data mining, predictive modeling, and machine learning.
* Corporate Social Responsibility: This course covers the ethical and social implications of business decisions. Topics may include sustainability, corporate governance, and philanthropy.
* Entrepreneurship: This course covers the process of starting and growing a new business. Topics may include idea generation, market validation, and financing.
* Global Business: This course covers the challenges and opportunities of doing business in a global economy. Topics may include cross-cultural management, international trade, and political risk.
* Information Systems: This course covers the use of technology in businesses. Topics may include enterprise resource planning (ERP), customer relationship management (CRM), and e-commerce.
* Leadership: This course covers the principles of leadership and how to develop leadership skills. Topics may include self-awareness, emotional intelligence, and team dynamics.
* Negotiation: This course covers the principles of negotiation and how to negotiate effectively in business settings. Topics may include interest-based bargaining, win-win negotiation, and cultural differences in negotiation.
* Operations Management: This course covers the principles of operations management, including process design, inventory management, and supply chain management. Topics may also include quality management and project management.
* Strategic Management: This course covers the process of formulating and implementing strategic plans. Topics may include environmental scanning, competitive analysis, and scenario planning.