Managerial Economics & Business Analysis Graduate Certificate

Overview

The Managerial Economics & Business Analysis Graduate Certificate prepares students to effectively manage and operate a business by developing their understanding of the market characteristics and economic environment in which they operate. Students will build a solid understanding of the operation of markets, understand how to assess the macro-economic environment with examples of real-world events, and finally, develop an analytical framework to combine the power of theory and data to make effective business decisions.

Benefit from live, interactive learning sessions with instructors and receive actionable feedback from teaching staff and fellow learners. Through hands-on projects, exercises, and case studies, you’ll develop experience and insight in value chain management that you can apply immediately in your career.

The certificate stacks directly into the full Master of Business Administration (iMBA), Master of Science in Accountancy (iMSA), or Master of Science in Management (iMSM) from the University of Illinois.

Syllabus

Course 1: BADM 572: Statistics Management Decision Making
- This course provides an analytical framework to help you evaluate key problems in a structured fashion and will equip you with tools to better manage the uncertainties that pervade and complicate business processes. Specifically, you will learn how to summarize data and learn concepts of frequency, normal distribution, statistical studies, sampling, and confidence intervals. Additionally, This course aims to cover statistical ideas that apply to managers by discussing two basic themes: first, is recognizing and describing variations present in everything around us, and then modeling and making decisions in the presence of these variations.

Course 2: FIN 571: Money and Banking
- This course will provide you with a basic understanding of the connections between money, the financial system, and the broader macroeconomy. It will also provide you with an understanding of central bank policies and how such policies affect financial markets and the economy. You will gain insights about the macroeconomic relationships between interest rates, inflation, and unemployment that allow you to assess central bank actions and appreciate how this action will affect the economy.

Course 3: FIN 574: Microeconomics for Business
- Microeconomics for professional business students. Shows relevance of value and distribution theories for business managers. Includes demand and supply theory, consumer choice, production and cost theory, industrial structure, and capital theory.