Wilkes University

Decision Making Certificate

Decision Making Certificate

The Decision Making Certificate is for students who have an understanding of basic business concepts but want to enhance their decision-making skills.   The certificate will allow students considering completing the MBA program, an opportunity to earn a certificate with four MBA courses.

Admissions Requirements

Applications are invited from individuals who have earned undergraduate or graduate degrees in any discipline or field of study. To be considered for admission, the applicant must submit the following to the Graduate Admissions Office:

  • A completed graduate application for admission.
  • A complete set of official undergraduate transcripts as evidence of an earned baccalaureate degree from an accredited institution of higher education.

Required Courses

Students will be required to complete MBA 532, MBA 540, MBA 560, and either MBA 512 or MBA 591

MBA 532. MANAGERIAL ECONOMICS
This course emphasizes managerial decision-making. The objective is to acquaint the student with the economic theory that underlies business analysis and decision-making. The course provides a comprehensive analysis of problems of the firm and how to solve them. The topics explored include an analysis of supply and demand functions, production and costs, price and output determination in markets of various types, as well as decision-making under conditions of short as well as long run. The course will deal with the application of economic theory to business practice.

MBA 540. FINANCIAL MANAGEMENT
A survey of the tools and techniques currently employed by financial decision makers when evaluating organizational performance and developing future courses of action. Emphasis will be placed upon working capital management and capital budgeting techniques. Prerequisite: MBA 504.

MBA 560. FINANCIAL AND MANAGERIAL ACCOUNTING
A basic understanding of both internal and external accounting principles and techniques with appropriate application to decision models. Financial and managerial accounting concepts and issues are considered from the viewpoint of the report users. Prerequisite: MBA 506.

MBA 512. MANAGERIAL STATISTICS

This course describes how to use a collection of quantitative techniques to analyze data and introduces students to basic concepts in probability and statistics relevant to managerial decision making.   After understanding how to use Microsoft Excel to formulate, analyze and solve general business problems, students focus on how to construct and use spreadsheet models on topics from statistics.  Topics include probability distributions, sampling, estimation and testing, regression and correlation, and time series and forecasting.  Course activities may include case analyses, research, application of advanced techniques, and/or utilization of various information technologies. Prerequisite: MBA 501.

MBA 591. STRATEGIC MANAGEMENT AND POLICY
The capstone course integrates a business approach to strategic decision-making which encompasses the business functions of marketing, production, finance, and human resource management. The course will facilitate both conceptual and experiential integration of functional concepts and techniques from the core courses as well as enhance the written and oral communication skills of students. Prerequisites: MBA 532, MBA 540, and MBA 560.


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