Fort Hays State University > About FHSU > Academic Divisions > College of Business and Entrepreneurship > Master of Business Administration > Foundation Courses
(12 hours for non-business majors)
The FHSU MBA requires a base level of knowledge for graduate work in business.
Many students will have obtained this level of knowledge through an undergraduate
degree in business. Students lacking an undergraduate business degree or specific
undergraduate courses aligning with the MBA Core will take "leveling" courses to
provide an appropriate foundation for academic success.
This course will familiarize students with economic principles and analytical
techniques so that modern business practices can be understood, appreciated and
implemented. The course combines basic quantitative and financial tools with the
fundamental principles of micro and macroeconomics, including the growing importance
of international production and distribution.
A survey course addressing the key elements of managerial and marketing theory and
practice. Management concepts studied include leadership, organizational design and
behavior, environmental and cultural considerations, decision making, planning and
control, and strategic management. Marketing concepts studied include the evolution
of the marketing function, a survey of the uncontrollable environment, an examination
of the marketing mix, and the integration of these topics into the development of a
An overview of accounting and its basic analytical techniques. This course
introduces the components of the accounting system, covers how to read and interpret
the major financial statements, and shows how to apply accounting information in the
most commonly occurring managerial tasks. It serves as a background for the study of
management practices in planning, monitoring, and controlling as enterprise.
An intensive study of the financial decision-making of a business. Topics include:
financial statement analysis, time value of money, risk and return, valuation,
capital budgeting, cost of capital, capital structure decisions, working capital
management, and international financial management.