Business Management Program Undergraduate Certificate | Penn Foster College

Online Business Management Undergraduate Certificate

Get financial and academic credit for previous classes taken.

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transfer credit policy and process.

Program Overview

Get new skills and expand your existing business management knowledge with distance training from Penn Foster College. You'll cover topics such as the principles of management, math for business and finance, and business and technical writing. With the right training, you can learn new skills and knowledge about business management, or you can prepare to continue your business management education.

Curriculum Details

Program Goal and Outcomes

Program Goal

The Business Management Undergraduate certificate program provides students with the skills to expand existing business management knowledge for a current or future job, or prepare for further education at the undergraduate level.

Program Outcomes

Upon completion of the program, students will be able to:

  • Understand the Penn Foster distance learning process, the materials used in the program, successful study skills and techniques, individual life goals and steps needed to fulfill them, similarities between personal financial goals and business goals, the basics of setting up a budget and starting up and maintaining a business
  • Discuss the various functions of business including competition, economics, accounting, technology and information systems, marketing, management through the phases of starting and growing a business, and management of financial and human resources along with the ethical and social responsibilities of business
  • Discuss both the business environment and the manager's role in decision making, planning, organizing, leading, controlling, and developing an ethical perspective
  • Demonstrate understanding of basic mathematical operations including percentages, discounts, interest, present worth, sinking funds, installment buying, pricing, depreciation, investments, insurance, use of symbols and their applications, equations and formulas, and the importance of statistics
  • Compose professional documents using word processing, spreadsheet, and presentation software, and integrate the applications
  • Explain the principles of financial accounting including analyzing transactions, completing the accounting cycle, merchandising businesses, inventories, assets, liabilities, stocks, bonds and cash flow
  • Explain the law of supply and demand, cost of living, monetary systems, international factors, and short run economic fluctuations
  • Discuss managerial accounting including budgeting and performance evaluation, decentralized operations; differential analysis, product pricing, capital investment analysis, and cost activities

Course 1

Basic Skills Assessment

Applicants are required to complete two Basic Skills Assessments, one in reading and one in math, to determine the level of readiness for beginning their selected program. Additional studies may be required.

BUS100 Business Orientation 1 credit

Succeed by learning how to use your Penn Foster program, and learn how to effectively manage your time, talents, and resources in your personal life, academics, and in your career.

Objectives:

  • Understand how to use your Student Portal, including your My Homepage and My Courses pages.
  • Access the Penn Foster Community and use it to find answers.
  • Connect with Penn Foster on various social media sites.
  • Examine your individual life goals and the steps needed to fulfill them.
  • Recognize how your personal financial goals mirror that of most businesses.
  • Use time management skills to make the most of your day.
  • Determine personal financial goals.
  • Set up a typical budget.
  • Explain why creative thinking, research, planning, gathering resources, and production and marketing are vital for the start-up and maintenance of a business.

Course 2

BUS101 Introduction to Business 3 credits

This course is designed to introduce you to basic business concepts, theories, and perspectives. It will serve as a basis for further learning in your program.

Objectives:

  • Understand the principles of business ethics and basic economics.
  • Compare the different types of business ownership.
  • Describe the basics of organizational structure.
  • Identify the differences between management and leadership.
  • Understand the importance of information technology in today’s business environments.

Course 3

BUS110 Principles of Management 3 credits

This course will review the functions of management and its role in planning, leading, organizing, motivating, and controlling.

Objectives:

  • Define and correctly use business terms.
  • Explain the importance of communication.
  • Identify the steps of managerial decision making.
  • Explain the relevance of the basic skills required by managers.
  • Describe major components of various management perspectives.
  • Discuss the ever-increasing employee diversity and the management activities required for the changing workforce.

Course 4

MAT106 Mathematics for Business and Finance 3 credits

This course will hone your math skills so you are able to successfully use them in business and finance industries.

Objectives:

  • Use percentages, discounts, and interest formulas effectively.
  • Analyze present worth and sinking funds.
  • Understand how to buy in installments and price merchandise.
  • Explain depreciation, insurance, equations, and formulas.
  • Discuss investments and statistics.

Course 5

CSC104 Computer Applications 3 credits

This course will allow you to build your computer skills through a combination of reading and hands-on practice. You will navigate popular software tools such as Windows® and Microsoft® Office.

Objectives:

  • Create, edit, and illustrate Microsoft® Word™ documents.
  • Apply formulas and functions to large data sets in Microsoft® Excel.®
  • Incorporate useful charts and graphs to summarize data.
  • Add, delete, sort, and lay out table data.
  • Create presentations in Microsoft® PowerPoint® using advanced tools, tables, and charts.

Course 6

ACC111 Financial Accounting 3 credits

This course will allow you to develop a basic understanding of the principles of financial accounting. 

Objectives:

  • Understand important accounting principles and concepts in order to prepare basic financial statements.
  • Understand the fundamentals of bookkeeping while using the general journal, general ledger, and trial balance to prepare financial statements.
  • Account for inventory, the use of different inventory costing methods, and their effects on financial statements.
  • Distinguish between different liabilities and account for and report current liabilities and long-term debt on the balance sheet.
  • Prepare a statement of cash flows using the direct and indirect methods and evaluate the company’s performance as it relates to cash.

Course 7

BUS121 Economics 1 3 credits

This course provides an overview of macroeconomics and the modern market economy. You will learn about economy-wide phenomena such as unemployment, national income, and price levels.

Objectives:

  • Identify the basic function of economics in our society
  • Examine various economic tradeoffs that people face
  • Explain the laws of supply and demand
  • Use the concept of elasticity to explain changes in a market
  • Discuss the pros and cons of trade restrictions
  • Calculate and interpret the unemployment rate and the labor-force participation rate
  • Describe the notion of deadweight loss and its relevance to taxes
  • Draw and interpret short-run and long-run Phillips curves
  • Explain why economists focus on GDP, inflation, and unemployment when assessing economic health
  • Describe how comparative advantage and specialization affect international trade
  • Describe how differences between world prices and domestic prices prompt exports and imports
  • Describe how changes in income affect consumption and saving

Course 8

ACC112 Managerial Accounting 3 credits

This course provides an introduction to managerial accounting; analysis: C-V-P and management; budgeting and performance evaluation; decentralized operations; differential analysis and product pricing; capital investment analysis, and cost activities.

Objectives:

  • Understand cost classifications as applied to preparing financial statements, predicting cost behavior, and making decisions
  • Understand the flow of cost in job-order costing and use activity-based absorption costing to compute product costs
  • Understand the flow of process costing, computing the cost per equivalent unit using the weighted-average method and FIFO method and allocating department costs using the direct and step-down methods
  • Explain how changes in activity affect contribution margin and net operating income and examine cost-volume-profit relationships, such as margin of safety and break-even points
  • Explain how variable costing differs from absorption costing and prepare income statements using the different approaches as tools for management
  • Understand activity-based costing and how it differs from a traditional costing system
  • Understand budgets, the process used to create budgets, and the preparation of various kinds of budgets
  • Compute and record various variances
  • Understand and compute various performance measurements
  • Prepare differential analysis as a key to decision making
  • Evaluate calculations for capital budgeting decisions
  • Prepare a statement of cash flows using the direct and indirect methods and compute free cash flow
  • Compute and interpret financial ratios Textbook: Managerial Accounting

Course 9

HRM201 Human Resources Management 3 credits

Learn the basics of human resources management and practices.

Objectives:

  • Discover techniques for selecting, placing, assessing, developing, and compensating employees.
  • Examine other HR goals and processes, such as labor relations, employee rights and disciplinary procedures, and high-performance work systems.

Course 10

ENG121 Business and Technical Writing 3 credits

Learn how to write business and technical documents.

Objectives:

  • Organize your material logically and systematically.
  • Use action verbs effectively and construct paragraphs.
  • Conduct research and document sources.

Course 11

BUS213 Business Law 1 3 credits

This course is an introduction to the legal environment of business. Topics covered include American court practice and procedure, alternative dispute resolutions, employment law, business organization and regulation, contract law, and agency relationships.

Objectives:

  • Explain the sources of law.
  • Discuss the judicial process and alternative dispute resolution.
  • Describe different forms of business organization and their characteristics.
  • Explain the elements of contracts and rules pertaining to contracts.
  • Explain the law of agency and laws concerning employment.

Proctored Exam

Exam information

This assessment will evaluate the knowledge and skills that you learned during the program. You choose the time, the location, and the qualified exam supervisor.


Computer Specifications
As you know this is an online academic program. This means you will need high-speed internet access to begin your program. In addition, you will need access to a Microsoft® Windows® based computer running Windows 7® or later or an Apple® Mac® computer running OS X® or later, and an email account to participate in and complete your program.

We reserve the right to change program content and materials when it becomes necessary.
Microsoft, Windows, Excel, and PowerPoint are registered trademarks and Word is a trademark of Microsoft Corporation in the United States of America and/or other jurisdictions.
Apple, Mac, and OS X are trademarks of Apple, Inc registered in the United States of America and/or other jurisdictions.

Sample Lesson

To view an Undergraduate Certificate in Business Management sample lesson, click here.

Undergraduate Certificate in Business Management Program Details

Penn Foster College will cover business skills, like principles of management, managerial accounting, mathematics for business and finance, and business law. When you complete your Business Management Undergraduate Certificate from Penn Foster College, you can transfer the credits you earned toward a Business Management Associate Degree from Penn Foster College.

This certificate program is not a degree program, nor does it offer the student a degree upon completion.

Online Business Management Undergraduate Certificate

Here are a few qualities that effective business managers have in common:

  • Flexible: You are productive despite positive or negative changes to your business.
  • Detail oriented: It’s important to have a sharp eye and analyze a situation.
  • Organized: A business has a lot of moving pieces to keep on track.
  • Honest: A manager must make decisions that are ethical and responsible.

My name is Sawyer G. I am a professional, 25-year-old, adult male. … Penn Foster not only gave me a second chance in life, it lunged me forward into the path of success that I always knew I could obtain. Click here to read Sawyer's inspiring story.

Sawyer G., Undergraduate Certificate in Business Management graduate and Business Management Associate Degree student

There’s a lot to running your own business. It’s something you should really take classes for. I think this will turn more profit [for my business] because I will be more qualified.  Click here to hear more about Sammi’s Penn Foster experience.

Sammi D., Business Management Bachelor's Degree student

Your program includes:

  • Customized payment plans with 0% interest
  • Learning aids
  • Goal-setting and progress-tracking tools
  • Instructional support from our experienced faculty
  • Access 24/7 to Penn Foster's online community, plus immediate membership in the Undergraduate Certificate in Business Management academic group
  • Your personalized online student homepage and learning portal
  • Additional resources such as our online library and career guidance from Career Cruising

What's the difference between Business Management (A.S.), Business Management Undergraduate Certificate, and Business Management Essentials Certificate?

The difference between the three credentials (Associate Degree, Undergraduate Certificate, and Certificate) at Penn Foster College, is based on the amount of coursework that is required to earn each credential. The Penn Foster College Associate Degree requires the most coursework, with the Penn Foster College Essentials Certificate having the least. Penn Foster College Undergraduate Certificate credits are transferable to the Penn Foster College Associate Degree program, and the Penn Foster College Essentials Certificate credits are transferable to both the Penn Foster College Undergraduate Certificate and the Penn Foster College Associate Degree programs.

How do proctored exams figure into a student's GPA?

The proctored final exam counts for 33% of a student's final grade.

More FAQs >

The completion of a certificate-level program does not typically qualify a student for employment. Completion of this program may assist students who have previous academic or work related experience improve their chances for promotion or entry-level employment.

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