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HBU

educational excellence

Program Overview

  • Duration

    1 Year (Self-Paced) Program

    Can be done in 6 months

  • Total Courses

    14

  • Total Credit Hours

    84 Hours

Mid Island University's Business Economics program combines economic theory with practical business applications. Students gain a deep understanding of economic principles and their impact on business decisions, fostering skills necessary for analyzing market trends and making strategic economic choices.

Core Business Foundation:

The program typically begins with a solid foundation in core business disciplines, such as accounting, marketing, finance, management, and organizational behavior. This equips students with a well-rounded understanding of how businesses operate.

Professional Development And Networking:

Beyond the classroom, the College of Business places a strong emphasis on professional development and networking. Our students have access to a wide range of opportunities, including career fairs, industry conferences, and guest speaker events.

Global Business Engagement:

The College of Business is committed to preparing students for success in a globalized business environment. Our programs offer unique opportunities for international engagement, including study abroad programs, global business competitions, and collaborations with multinational corporations.

Introduction to Business

This course will introduce you to the principles and functions of business. Business will be discussed as a part of a total social, political and economic environment. The various functional areas of business will be discussed: economic systems, forms of business ownership, management, human relations, marketing, accounting and finance.

Marketing Essentials

This course is designed to introduce you to the basic marketing concepts. It provides an overview of the marketing functions of selling, promotion, and distribution along with marketing research and strategic marketing process.

Business Communication

This course is designed to give you a comprehensive view of communication, its scope and importance in business, and the role of communication in establishing a favorable outside the firm environment, as well as an effective internal communications program.

Fundamentals of Accounting

The Fundamentals of Accounting course provides you with a solid foundation in the principles and practices of accounting; including Accounting Laws and Processes. This course focuses on user orientation of financial accounting, the uses of financial statements, how to analyze a business entity, and how the accounting system is structured.

Introduction to Finance

Introduction to Finance is a course that introduces basic principles of finance. Through this course, you will be able to develop a fundamental understanding of the finance world, which will help you build a base for pursuing a career in the financial industry.

Management & Administration

The course is designed to discuss management theories, concepts, techniques, and practices in the context of complex, dynamic, changing and globalizing business world. Applying the functional or process approach to the study of management, the discussion will cover all main management functions: planning, organizing, directing and controlling.

E-Business

This course explores what an e-business is and how it is managed. E-Business is an interdisciplinary topic encompassing both business and technology. The major characteristics, opportunities, and limitations of this form of business are explored.

Human Resources

This course examines the role of the human resource professional as a strategic partner in managing today’s organizations. Key functions such as recruitment, selection, appraisal, compensation, and labor relations are examined. Implications of legal and global environments are appraised and issues such as diversity training etc. are analyzed.

Business Economics Analysis

This course provides an in-depth exploration of analytical techniques used in business economics. It covers the tools and methods used to analyze economic data and support decision-making processes in business contexts.

Business Economics Applications

This course examines the practical applications of business economics. It focuses on the use of economic tools and techniques to manage operations and support decision-making in various organizational contexts.

Business Economics Strategies

This course covers the strategic aspects of business economics. It focuses on the development and implementation of economic strategies that align with organizational goals and enhance business performance.

Business Economics Principles

This course explores the core principles of business economics. It covers the fundamental theories and practices essential for effective economic analysis and decision-making within organizations.

Fundamentals of Business Economics

This course delves into the fundamental principles and practices of business economics. Students will gain a comprehensive understanding of economic theories and how they apply to business decision-making.

Introduction to Business Economics

This course provides an introduction to the fundamental concepts of business economics. It covers the principles, strategies, and applications essential for understanding and analyzing economic issues within a business context.

Cost of Attendance

Tuition Fee Breakdown Cost
ASSOCIATE TO BACHELORS DEGREE $18,480
Medical Insurance $0.00
Personal Expenses $0.00
Study Materials $0.00
Food Cost $0.00
Total Tuition Fee $18,480
WHERE AFFORDABILITY

Meets Opportunity

At Mid Island University, we believe in where affordability meets opportunity. Our commitment to accessible education ensures that quality learning doesn't come with a hefty price tag. We open the doors to knowledge, offering students the chance to thrive without the burden of overwhelming tuition fees, empowering them for a brighter future.

Our Eligibility Criteria

Explore MIU’s Eligibility Criteria for Students Worldwide

Eligibility Criteria

High School Diploma, GED or equiv. International Education

Credit Hours

84 Hours

Course Duration

1 Year (Self-Paced) Program

Courses Offered

14

Introduction to business

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Understanding the u.s. business system.
    Understanding the environments of business.
    Conducting business ethically and responsibly.
  In Section 2 of this course you will cover these topics:
    Understanding entrepreneurship and new ventures.
    Understanding the global context of business.
    Managing the business enterprise .
  In Section 3 of this exam you will be evaluated on below listed topics:
    Organizing the business enterprise .
    Managing human resources and labor relations.
    Motivating and leading employees.
  In Section 4 of this course you will cover these topics:
    Understanding marketing processes and consumer behavior.
    Developing and pricing products.
    Distributing products.
  In Section 5 of this course you will cover these topics:
    Promoting products.
    Producing goods and services.
    Managing for productivity and quality.
    Managing information systems and communication technology.
    Understanding principles of accounting.
    Understanding money and banking.
    Understanding securities and investments.
    Understanding financial and risk management.

Marketing Essentials

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Marketing: managing profitable customer relationships
    Company and marketing strategy: partnering to build customer relationships
    The marketing environment
  In Section 2 of this course you will cover these topics:
    Managing marketing information
    Consumer markets and consumer buyer behavior
    Business markets and business buyer behavior
  In Section 3 of this exam you will be evaluated on below listed topics:
    Customer-driven marketing strategy: creativing value for target customers
    Product, services, and branding strategies
    New-product development and life-cycle strategies
  In Section 4 of this course you will cover these topics:
    Pricing products: understanding and capturing customer value
    Pricing products: pricing strategies
    Marketing channels and supply chain management
  In Section 5 of this course you will cover these topics:
    Retailing and wholesaling
    Communicating customer value: integrated marketing communication strategy
    Advertising and public relations
    Personal selling and sales promotion
    Direct and online marketing: building direct customer relationships
    Creating competitive advantage
    The global marketplace
    Marketing ethics and social responsibility

Business communication

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Understanding business communication in todays workplace
    Communicating in teams and mastering listening and nonverbal communication
  In Section 2 of this course you will cover these topics:
    Planning business messages
    Writing business messages
  In Section 3 of this exam you will be evaluated on below listed topics:
    Completing business messages
    Choosing and using media for brief messages
  In Section 4 of this course you will cover these topics:
    Writing routine and positive messages
    Writing negative messages
  In Section 5 of this course you will cover these topics:
    Writing persuasive messages
    Understanding and planning reports and proposals
    Writing and completing reports and proposals
    Preparing and giving oral presentations
    Building careers and writing rsums
    Applying and interviewing for employment

Fundamentals of accounting

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Accounting and the business environment
    Recording business transactions
    The adjusting process
  In Section 2 of this course you will cover these topics:
    Completing the accounting cycle
    Accounting for a retail business
    Internal control and cash
  In Section 3 of this exam you will be evaluated on below listed topics:
    Receivables
    Inventory
    Long-term assets: plant assets and intangibles
  In Section 4 of this course you will cover these topics:
    Current liabilities and payroll
    Corporations and stockholders' equity
    Long-term liabilities
    The statement of cash flows
  In Section 5 of this course you will cover these topics:
    Financial statement analysis.
    Introduction to management accounting
    Job order costing
    Process costing
    Cost-volume-profit analysis
    The master budget and responsibility accounting
    Flexible budgets and standard costs
    Special business decisions and capital budgeting

Introduction to finance

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    An introduction to the foundations of financial management - the ties that bind
    The financial markets and interest rates
    Understanding financial statements and cash flows
  In Section 2 of this course you will cover these topics:
    Evaluating a firm's financial performance
    The time value of money
    Risk and return
  In Section 3 of this exam you will be evaluated on below listed topics:
    Bond valuation
    Stock valuation
    Capital-budgeting techniques and practice
  In Section 4 of this course you will cover these topics:
    Cash flows and other topics in capital budgeting
    Cost of capital
    Determining the financing mix
  In Section 5 of this course you will cover these topics:
    Dividend policy and internal financing
    Short-term financial planning
    Working-capital management
    Current asset management
    International business finance

Management & administration

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Introduction to management and organizations.
    Management yesterday and today.
    Organizational culture and environment: the constraints.
  In Section 2 of this course you will cover these topics:
    Managing in a global environment.
    Social responsibility and managerial ethics.
    Decision-making: the essence of the manager's job.
  In Section 3 of this exam you will be evaluated on below listed topics:
    Foundations of planning.
    Strategic management.
    Planning tools and techniques.
  In Section 4 of this course you will cover these topics:
    Organizational structure and design.
    Communication and information technology.
    Human resource management.
  In Section 5 of this course you will cover these topics:
    Managing change and innovation.
    Foundations of behavior.
    Understanding groups and teams.
    Motivating employees.
    Leadership.
    Foundations of control.
    Operations and value chain management

E-business

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Overview of ec.
    E-commerce market mechanisms.
  In Section 2 of this course you will cover these topics:
    Reatailing in e-commerce: products and services.
    Consumer behavior, customer service, and advertising.
  In Section 3 of this exam you will be evaluated on below listed topics:
    Company-centric b2b and collaborative commerce.
    Public b2b exchanges.
  In Section 4 of this course you will cover these topics:
    Intrabusiness, e-government, c2c, e-learning, and more.
    Mobile commerce.
  In Section 5 of this course you will cover these topics:
    Laws, ethics, and cyber crime.
    Payments and order fulfillment.
    E-strategy, internet communities, and global ec.
    Infrastructure and application development.

Human resources

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Introducing hrm
    Human resource strategy and planning
    Recruitment
  In Section 2 of this course you will cover these topics:
    Selection: shortlisting and interviews
    The employment relationship
    Introduction to the learning process
  In Section 3 of this exam you will be evaluated on below listed topics:
    Learning and development programmes
    Performance appraisal and performance management
  In Section 4 of this course you will cover these topics:
    Payment systems
    Managing employee welfare
  In Section 5 of this course you will cover these topics:
    Health and safety
    Partnership, employee involvement and high performance working
    Discipline and grievance
    Dismissal, redundancy and outplacement

Business Economics Analysis

Topics Covered in This Course:
  In Section 1 Economic Data Analysis of this course you will cover these topics:
  • Techniques for Analyzing Economic Data
  • Time Series Analysis
  • Econometric Modeling
  In Section 2 Financial Analysis in Economics of this course you will cover these topics:
  • Analyzing Financial Statements
  • Ratio Analysis and Interpretation
  • Financial Forecasting
  In Section 3 Market and Industry Analysis of this course you will cover these topics:
  • Market Research Methods
  • Industry Analysis and Competitive Forces
  • Market Structure and Performance
  In Section 4 Policy Analysis and Evaluation of this course you will cover these topics:
  • Analyzing Economic Policies
  • Impact Evaluation Techniques
  • Cost-Benefit Analysis
  In Section 5 Advanced Economic Analysis of this course you will cover these topics:
  • Game Theory and Strategic Behavior
  • Behavioral Economics
  • Experimental Economics

Business Economics Applications

Topics Covered in This Course:
  In Section 1 Economic Forecasting of this course you will cover these topics:
  • Methods of Economic Forecasting
  • Economic Indicators and Predictive Models
  • Applications in Business Planning
  In Section 2 Economic Policy and Business Strategy of this course you will cover these topics:
  • Role of Economic Policy in Business
  • Policy Analysis and Implementation
  • Case Studies of Economic Policy Impact
  In Section 3 Business and Economic Development of this course you will cover these topics:
  • Strategies for Economic Development
  • Regional and Urban Economics
  • Public-Private Partnerships
  In Section 4 Economic Risk Management of this course you will cover these topics:
  • Identifying and Assessing Economic Risks
  • Risk Management Tools and Techniques
  • Scenario Analysis
  In Section 5 Case Studies and Best Practices of this course you will cover these topics:
  • Real-World Applications of Business Economics
  • Lessons Learned from Economic Analysis
  • Industry Best Practices

Business Economics Strategies

Topics Covered in This Course:
  In Section 1 Strategic Economic Planning of this course you will cover these topics:
  • Developing Economic Strategies
  • Strategic Planning Process
  • Implementing and Monitoring Strategies
  In Section 2 Competitive Strategies in Economics of this course you will cover these topics:
  • Analyzing Competitive Forces
  • Developing Competitive Advantage
  • Strategic Positioning
  In Section 3 Corporate Economic Strategy of this course you will cover these topics:
  • Corporate-Level Economic Strategies
  • Mergers and Acquisitions
  • Strategic Alliances and Partnerships
  In Section 4 Functional Economic Strategies of this course you will cover these topics:
  • Marketing and Sales Economics
  • Operations and Supply Chain Economics
  • Financial and Human Resource Economics
  In Section 5 Economic Leadership of this course you will cover these topics:
  • Role of Leadership in Economic Strategy
  • Leading Economic Change and Innovation
  • Building an Economic Strategic Culture

Business Economics Principles

Topics Covered in This Course:
  In Section 1 Principles of Microeconomics of this course you will cover these topics:
  • Demand and Supply Analysis
  • Elasticity and Its Applications
  • Consumer Choice Theory
  In Section 2 Principles of Macroeconomics of this course you will cover these topics:
  • Aggregate Demand and Supply
  • Economic Indicators and Measurement
  • Macroeconomic Policies
  In Section 3 Market Structures and Pricing of this course you will cover these topics:
  • Perfect Competition and Monopoly
  • Oligopoly and Monopolistic Competition
  • Pricing Strategies and Market Power
  In Section 4 Economic Efficiency and Welfare of this course you will cover these topics:
  • Efficiency in Resource Allocation
  • Market Failures and Externalities
  • Public Goods and Social Welfare
  In Section 5 Economics of Information of this course you will cover these topics:
  • Asymmetric Information
  • Adverse Selection and Moral Hazard
  • Economics of Innovation

Fundamentals of Business Economics

Topics Covered in This Course:
  In Section 1 Core Economic Concepts of this course you will cover these topics:
  • Introduction to Core Concepts
  • Economic Systems and Structures
  • Role of Economics in Business
  In Section 2 Microeconomics for Business of this course you will cover these topics:
  • Consumer Behavior and Demand
  • Production and Cost Analysis
  • Market Structures and Competition
  In Section 3 Macroeconomics for Business of this course you will cover these topics:
  • National Income and GDP
  • Inflation and Unemployment
  • Economic Growth and Development
  In Section 4 International Economics of this course you will cover these topics:
  • International Trade and Finance
  • Exchange Rates and Balance of Payments
  • Globalization and Economic Integration
  In Section 5 Applied Business Economics of this course you will cover these topics:
  • Business Forecasting
  • Economic Policy Analysis
  • Strategic Economic Planning

Introduction to Business Economics

Topics Covered in This Course:
  In Section 1 Foundations of Business Economics of this course you will cover these topics:
  • Overview of Business Economics
  • Microeconomic and Macroeconomic Principles
  • Economic Systems and Market Structures
  In Section 2 Economic Theories and Models of this course you will cover these topics:
  • Supply and Demand Analysis
  • Production and Cost Functions
  • Market Equilibrium and Price Determination
  In Section 3 Business and Economic Environment of this course you will cover these topics:
  • Understanding the Business Environment
  • Economic Indicators and Business Cycles
  • Global Economic Trends
  In Section 4 Government and Business of this course you will cover these topics:
  • Role of Government in the Economy
  • Fiscal and Monetary Policies
  • Regulation and Deregulation
  In Section 5 Economic Decision Making of this course you will cover these topics:
  • Decision Making under Uncertainty
  • Cost-Benefit Analysis
  • Risk Management
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Course Details

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