Program Goals and Outcomes

Business Management Certificate Program Goals and Outcomes

The business management 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. After completing the certificate, students will have earned 31 college credits that can be transferrable to Penn Foster College's online Associate Degree in Business Management.

Business Management

Undergrad. Cert. 9 months As low as $89/mo
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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.

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.
  • Discuss the dynamic interaction of personnel functions with each other and with the objectives of an organization.
  • Demonstrate methods of organizing material for a professional setting by composing business memos, emails, outlines, reports, and proposals using the ABC method.
  • Discuss the legal environment of business, including American court practice and procedure, torts, employment law, international law, environmental law, and contract law.

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