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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

Our Contract Management & Arbitration program prepares students to manage contracts and resolve disputes effectively. With a focus on negotiation and legal frameworks, students develop the skills necessary to handle complex contracts and achieve successful outcomes in contractual agreements.

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.

Contract Management / Arbitration Principles

This course delves into the fundamental principles of contract management and arbitration, providing students with a solid understanding of key concepts and practices.

Fundamentals of Contract Management / Arbitration

This course provides a comprehensive foundation in contract management and arbitration. It covers the essential principles, processes, and best practices in both fields.

Introduction to Contract Management / Arbitration

This course introduces the principles and practices of contract management and arbitration. It covers the basics of drafting, negotiating, and managing contracts, as well as resolving disputes through arbitration.

Contract Management / Arbitration Analysis

This course focuses on analytical skills and techniques for evaluating contract management practices and arbitration outcomes. It emphasizes the importance of data-driven decision-making and critical analysis.

Contract Management / Arbitration Applications

This course provides practical applications of contract management and arbitration principles, focusing on real-world scenarios and hands-on learning.

Contract Management / Arbitration Strategies

This course explores advanced strategies for effective contract management and successful arbitration. It focuses on developing practical skills and strategic approaches to managing contracts and resolving disputes.

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

Contract Management / Arbitration Principles

Topics Covered in This Course:
  In Section 1 Principles of Contract Law of this course you will cover these topics:
  • Formation and validity of contracts
  • Interpretation and enforcement of contract terms
  • Remedies for breach of contract
  In Section 2 Effective Contract Management of this course you will cover these topics:
  • Planning and organizing contract activities
  • Performance measurement and management
  • Risk management in contract administration
  In Section 3 Principles of Arbitration of this course you will cover these topics:
  • Legal basis for arbitration agreements
  • Types and methods of arbitration
  • Roles and responsibilities of arbitrators
  In Section 4 Arbitration Processes and Procedures of this course you will cover these topics:
  • Drafting arbitration clauses
  • Procedural rules and guidelines
  • Conducting fair and impartial hearings
  In Section 5 Ethical Considerations in Contract Management and Arbitration of this course you will cover these topics:
  • Ethical standards and codes of conduct
  • Managing conflicts of interest
  • Ensuring fairness and transparency

Fundamentals of Contract Management / Arbitration

Topics Covered in This Course:
  In Section 1 Core Principles of Contract Management of this course you will cover these topics:
  • Understanding contract law and its application
  • The contract management lifecycle
  • Key components of effective contract management
  In Section 2 Contract Drafting Essentials of this course you will cover these topics:
  • Basic principles of contract drafting
  • Common contract terms and provisions
  • Techniques for clear and concise drafting
  In Section 3 Contract Negotiation Strategies of this course you will cover these topics:
  • Preparing for contract negotiations
  • Negotiation tactics and techniques
  • Resolving conflicts and reaching agreements
  In Section 4 Basics of Arbitration of this course you will cover these topics:
  • The role of arbitration in dispute resolution
  • Advantages and disadvantages of arbitration
  • Key arbitration rules and procedures
  In Section 5 Arbitration in Practice of this course you will cover these topics:
  • Initiating an arbitration process
  • Conducting arbitration hearings
  • Understanding arbitration awards and enforcement

Introduction to Contract Management / Arbitration

Topics Covered in This Course:
  In Section 1 Fundamentals of Contract Management of this course you will cover these topics:
  • Key elements of a contract
  • Contract lifecycle management
  • Legal and regulatory considerations in contracts
  In Section 2 Drafting and Negotiating Contracts of this course you will cover these topics:
  • Techniques for effective contract drafting
  • Strategies for successful contract negotiation
  • Addressing common contract clauses and terms
  In Section 3 Contract Performance and Compliance of this course you will cover these topics:
  • Monitoring contract performance
  • Ensuring compliance with contractual obligations
  • Managing contract modifications and amendments
  In Section 4 Introduction to Arbitration of this course you will cover these topics:
  • Overview of arbitration as a dispute resolution method
  • Types of arbitration and their applications
  • Legal frameworks governing arbitration
  In Section 5 Arbitration Procedures and Practices of this course you will cover these topics:
  • Preparing for arbitration hearings
  • Conducting arbitration proceedings
  • Enforcing and challenging arbitration awards

Contract Management / Arbitration Analysis

Topics Covered in This Course:
  In Section 1 Analyzing Contract Performance of this course you will cover these topics:
  • Key performance indicators (KPIs) for contracts
  • Techniques for measuring and analyzing contract performance
  • Identifying and addressing performance issues
  In Section 2 Risk Analysis in Contract Management of this course you will cover these topics:
  • Identifying and assessing contract risks
  • Risk mitigation strategies
  • Conducting contract risk audits
  In Section 3 Arbitration Case Analysis of this course you will cover these topics:
  • Reviewing and analyzing arbitration cases
  • Identifying patterns and trends in arbitration outcomes
  • Drawing lessons from arbitration case studies
  In Section 4 Data-Driven Decision Making of this course you will cover these topics:
  • Using data analytics in contract management
  • Tools and software for contract analysis
  • Applying data insights to improve contract outcomes
  In Section 5 Reporting and Presenting Findings of this course you will cover these topics:
  • Writing analytical reports on contract and arbitration performance
  • Presenting analysis to stakeholders
  • Making recommendations based on analytical findings

Contract Management / Arbitration Applications

Topics Covered in This Course:
  In Section 1 Applying Contract Management Tools of this course you will cover these topics:
  • Using contract management software
  • Implementing electronic contract management systems
  • Best practices for digital contract management
  In Section 2 Case Studies in Contract Management of this course you will cover these topics:
  • Realworld examples of successful contract management
  • Lessons learned from contract failures
  • Applying best practices to new contracts
  In Section 3 Practical Arbitration Exercises of this course you will cover these topics:
  • Simulated arbitration scenarios
  • Roleplaying arbitration hearings
  • Developing and presenting arbitration arguments
  In Section 4 Contract and Arbitration Documentation of this course you will cover these topics:
  • Drafting and reviewing contract documents
  • Preparing arbitration submissions
  • Ensuring accuracy and completeness in documentation
  In Section 5 Collaborative Learning of this course you will cover these topics:
  • Group projects and peer review
  • Collaborative problemsolving exercises
  • Building teamwork skills in contract and arbitration contexts

Contract Management / Arbitration Strategies

Topics Covered in This Course:
  In Section 1 Strategic Contract Management of this course you will cover these topics:
  • Aligning contract management with organizational goals
  • Leveraging technology in contract management
  • Developing contract management policies and procedures
  In Section 2 Advanced Negotiation Techniques of this course you will cover these topics:
  • Complex negotiation scenarios
  • Multiparty and international negotiations
  • Negotiation tactics for highstakes contracts
  In Section 3 Strategic Planning for Arbitration of this course you will cover these topics:
  • Preparing for arbitration strategically
  • Selecting arbitrators and arbitration venues
  • Managing arbitration costs and timelines
  In Section 4 Dispute Resolution Strategies of this course you will cover these topics:
  • Alternative dispute resolution (ADR) methods
  • Mediation and its role in contract disputes
  • Combining ADR and arbitration for effective outcomes
  In Section 5 Case Studies and Best Practices of this course you will cover these topics:
  • Analysis of successful contract management strategies
  • Lessons learned from arbitration cases
  • Best practices for avoiding and resolving disputes
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