Business Management with an Option in Human Resources

Associate Degree

Program Outline

This outline covers all four semesters of your at-home degree program. You will receive credit for previous college coursework if you meet Penn Foster standards. If you wish to receive credit for previous coursework, contact the college you attended and ask that your transcripts be forwarded to Penn Foster for evaluation. All previous college work must have been completed with a grade of "C" or better, and as much as 75% of the required credits may be transferred. We will also credit your tuition for all the courses that are acceptable.

The first course, Basic Skills Assessment, is available online only, which allows you to start studying right away. You will not receive hardcopy program materials for these lessons. You can access your first course as soon as your tuition payment has been received. Other courses will follow as you complete your exams.

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. Access to Microsoft® Office 365 is a requirement for this program.

Online Library and Librarian
Students at Penn Foster College have access to an online library during their college studies. Students can use the library to do the required course research or for general reference and links to valuable resources. The library contains helpful research assistance, articles, databases, books, and Web links. A librarian is available to answer questions on general research-related topics via email and will assist students in research activities.

Program Goal and Outcomes

Program Goal
To prepare students for entry-level employment in human resources management and provide a foundation for further training.

Program Outcomes
Upon completion of the program, students will be able to...

  • Demonstrate effective written and interpersonal communication skills.
  • Demonstrate a high level of inquiry, analytical, and problem-solving skills.
  • Demonstrate effective quantitative skills.
  • Demonstrate computer and information literacy.
  • Demonstrate an understanding of the liberal arts, natural sciences, and social sciences.
  • Demonstrate an understanding of the principles and processes involved in the functional areas and the need for collaboration among the different functions.
  • Discuss the management function and its application to the business organization.
  • Understand the steps of the accounting cycle and utilize financial document information as a management planning tool.
  • Discuss and apply ethical and legal standards to the business environment.
  • Demonstrate an understanding of economics and the business economy.
  • Discuss the fundamentals of human resources as they relate to the business environment.
  • Describe the basic components, development, implementation, and maintenance of a total compensation package.
  • Describe the legally required social insurance programs for employees in the United States, the difference between group and individual insurance, and the requirements for qualified pension plans.
  • Discuss the interaction between organized labor unions and company management pertaining to rights and responsibilities, negotiations, and collective bargaining.
  • Explain accepted theories regarding training and the management of the training function in organizations; identify successful and unsuccessful training practices.

 

Semester 1

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

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.
  • 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.

Information Literacy (1 credit)
Get better at finding and using information!

Objectives:

  • Search the Internet more effectively.
  • Get tips about search engines and reliable websites.
  • Learn how to search libraries and other information centers for important, useful information.

Graded Project

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.

Textbook: Introduction to Business

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.

Textbook: Management: A Real World Approach

Art Appreciation (3 credits)
In this course, you will gain an understanding of artistic media, historical periods and artistic movements, the roles of the artist and the viewer, and the principles of art criticism.

Objectives:

  • Define the language, visual elements, and principles of design of art
  • Identify two-dimensional media
  • Identify three-dimensional media
  • Explain the evolution of art from ancient Mediterranean cultures through eighteenth century Europe
  • Identify features and popular examples of art throughout the history of African, Asian, Pacific, and American cultures
  • Compare the genres of the Modern and Postmodern eras of art from around the world

Textbook: Living with Art, 11th Edition

Human Resources Management (3 credits)
This course provides an overview of Human Resources Management (HRM) as it's understood today. It illustrates the dynamic interaction of the personnel functions with each other and with the objectives of an organization.

Objectives:

  • Describe the elements of human resource management, including labor considerations, regulation, and management of workflow
  • Explain how companies should prepare for and implement HRM to hire new employees and create training programs
  • Identify the aspects of employee, career, and turnover management
  • Summarize how employees are paid, including legal requirements, performance-based pay, commissions, salaries, and benefits
  • Describe other HRM functions including collective bargaining, labor relations, global HRM, and building a high-performance organization

Textbook: Fundamentals of Human Resource Management

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.
  • Textbook: Practical Business Math Procedures

Proctored Examination
You will be required to complete a proctored exam on selected courses each semester. These assessments will evaluate the knowledge and skills that you learned during the semester. You choose the time, the location, and the qualified exam supervisor.

 

Semester 2

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.

English Composition (3 credits)
This course will allow you to polish and enhance your writing skills.

Objectives:

  • Effectively use free writing and brainstorming.
  • Perfect your ability to edit and revise your writing.
  • Apply techniques for getting the reader’s attention.
  • Write descriptive essays, first-person narratives, reflective essays, persuasive essays, and effective thesis statements.

Textbook: Successful College Writing
Supplement: The Little, Brown Essential Handbook

Arts and Humanities Elective (3 credits)
(Choose one...)

HUM104 - Music Appreciation
In this course, you'll understand how to appreciate music by learning about the roles of the composer and the listener, the principles of music theory and instrumentation, musically significant historical periods, and varying styles of music.

Objectives:

  • Identify the building blocks of music a composer can use to create a piece, such as rhythm, melody, harmony, texture, form, and timbre
  • Explain the evolution of Western music through history, from the Middle Ages to the twenty-first century
  • Differentiate between the music of the baroque era and the musical styles of previous time periods
  • Recognize the major characteristics of classical music, including form, melody, and instrumentation
  • Discuss the musical trends and innovations that occurred during the romantic era
  • Trace the evolution of American popular music in the twentieth century
  • Recognize the influence of world music on modern Western composition

Textbook: Experience Music, Fourth Edition

ENG115 - Introduction to Literature
This course will allow you to develop your critical thinking skills and broaden your knowledge of literature.

Objectives:

  • Identify themes and forms of literature.
  • Define the main genres of literature - poetry, fiction, and drama.

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.

Textbook: Business Law

Business Law 2 (3 credits)
This course will complete the exploration of the legal aspects of business that you began with in Business Law 1.

Objectives:

  • Handle legal matters dealing with wills, trusts, and estates.
  • Understand laws pertaining to ownership, leasing, and transfer of property.
  • Write sales and lease contracts.
  • Identify the rights of secured and unsecured creditors and the consequences of bankruptcy.
  • Describe the principles of torts and criminal law as they relate to business.
  • Explain laws pertaining to ownership and transfer of property Describe the general principles involved in wills, trusts, and estates
  • Discuss the formation of sales and lease contracts and the legal issues arising from those types of contracts
  • Explain the purpose and types of negotiable instruments and the role they play in business
  • Explain the rights of secured and unsecured creditors and the consequences of bankruptcy
  • Define risk management and discuss the purpose of different types of insurance, including life, property, automobile, and health
  • Discuss the principles of torts, the different types of torts, and criminal law as it relates to business

Training Concepts (3 credits)
This course provides a synthesis of accepted theory regarding training and the management of the training function in organizations and an examination of successful and unsuccessful training practices.

Objectives:

  • Learn the strategic planning process, its components, and their relationships.
  • Get theoretical approaches to learning and the importance of a training needs analysis.
  • Write effective learning objectives.
  • Discover the strengths and weaknesses of different training delivery methods.
  • Identify elements of the development and implementation of training.
  • Learn best practies in various training areas.
  • Discover different types of management development.
  • Research Assignment

Textbook: Effective Training

Proctored Examination
You will be required to complete a proctored exam on selected courses each semester. These assessments will evaluate the knowledge and skills that you learned during the semester. You choose the time, the location, and the qualified exam supervisor.

 

Semester 3

Essentials of Psychology (3 credits)
This course will introduce you to the relationship between biology and behavior. You will learn about human development throughout the life span.

Objectives:

  • Identify major psychological theories.
  • Discuss consciousness, memory, thought, and language.
  • Define intelligence, personality, and stress.
  • Analyze the role of gender in psychology.
  • Explain how community influences behavior.

Textbook: Psychology and Your Life

Financial Accounting (3 credits)
This course will provide students with a basic understanding of the principles of financial accounting. Topics covered include analyzing transactions; completing the accounting cycle; merchandising businesses; inventories, assets, and liabilities; and corporations, stocks, bonds, and cash flow.

Objectives:

  • Solve important accounting principles and concepts by creating four common types of financial statements: balance sheet, income statement, statement of retained earnings, and statement of cash flows
  • Explain inventory systems, the inventory process, and the role of ethics in accounting
  • Explain cash and receivables, assets, current liabilities, and debt
  • Analyze stocks and the statement of cash flows and financial statements that are used to assess the value of a business

Compensation Management (3 credits)
The course covers the basic components of a total compensation package (salary, bonus, and benefits), the development, implementation, and maintenance of a program, the impact of internal and external equity, and additional factors which must be considered for the overall success of a program.

Objectives:

  • Explain the factors and methods included in compensation strategies
  • Describe how to evaluate employee performance and motivate workers using compensation strategies
  • Explain how unions, laws, and special groups affect compensation
  • Discuss labor regulation locally and globally
  • Compare job postings for different pay models

Textbook: Compensation

Business and Technical Writing (3 credits)
This course provides an introduction to the various methods of organizing material for a professional setting. Students will compose business documents using the ABC method. These include memos, emails, outlines, reports and proposals, descriptions, and organizing materials. Students also work on honing their grammar skills.

Objectives:

  • Describe the basics of the writing process and the ABC method of organizing material for a document
  • Identify the parts of speech in a sentence
  • Demonstrate correct pronoun use
  • Choose proper and effective words for writing documents
  • Identify the elements of a well-written sentence
  • Demonstrate how to use length, directness, emphasis, and variety to craft impactful sentences
  • Explain how to construct a coherent paragraph
  • Describe how to write an effective cover letter and resume
  • Format and write an interoffice memorandum, a routine business letter, and an effective email
  • Identify the different ways to write for blogs, the Internet, and social media
  • Describe how to create an organized formal outline
  • Identify the types of research and methods of documentation used in business and technical writing
  • Explain how to create visual interest and clarity in reports with illustrations, tables, graphs, charts, and overall design
  • Explain the purpose and importance of various types of informal reports
  • Describe the nature of formal reports and identify their components
  • Differentiate among external, internal, informal, and formal proposals
  • Describe an object or a process and prepare a set of instructions
  • Describe the preparation and submission of professional and technical articles and manuals

Employee Benefits (3 credits)
This course examines employer and employee objectives for benefit plans.

Objectives:

  • Discover legally required social insurance programs for employees in the United States.
  • Learn about the characteristics of group insurance and individual insurance in the categories of life, medical, dental, and disability.
  • Compare managed care plans with traditional medical expense plans.
  • Study the general requirements that must be met by qualified pension plans with respect to eligibility and plan coverage; nondiscrimination in benefits and contributions; funding; vesting; limitations on benefits and contributions; payout restrictions; and top-heavy rules.
  • Learn the difference in pension benefit formulas.
  • Discover general features of pension funding instruments and when each might best be used.
  • Interpret qualified and nonqualified pension plans.

Research Assignment

Textbook: Employee Benefits

Economics I (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

Textbook: Macroeconomics

Proctored Examination
You will be required to complete a proctored exam on selected courses each semester. These assessments will evaluate the knowledge and skills that you learned during the semester. You choose the time, the location, and the qualified exam supervisor.

 

Semester 4

Intermediate Algebra (3 credits)
This course introduces basic algebraic concepts that you’ll need to be successful in your career.

Objectives:

  • Understand the systems of equations, polynomials, and radicals.
  • Factor polynomial expressions.
  • Simplify rational expressions.

Speech (3 credits)
This course provides students with a foundation in the basic concepts of public speaking. Students will learn how to research, organize and write effective speeches, incorporate presentation aids, and rehearse and deliver speeches effectively. Students will prepare, rehearse, record and submit speeches in a number of rhetorical styles to be graded.

Objectives:

  • Describe how to effectively use of the 10 necessary steps to preparing and presenting a public speech
  • Demonstrate effective delivery and presentation techniques through practice and rehearsal
  • Show how to effectively organize and present a narrative/personal experience speech
  • Make effective presentation aids to enhance your public speaking
  • Produce a speech to inform your audience of a product or service
  • Prepare a speech to persuade your audience on a topic in which you are personally invested
  • Demonstrate the key elements of public speaking through a variety of formats and occasions

Business Statistics (3 credits)
This course will provide you the opportunity to explore statistics and how they affect business.

Objectives:

  • Interpret and present data.
  • Analyze frequency distribution, averages, dispersion, and index numbers.
  • Conduct time series analysis.
  • Forecast business.
  • Apply the theory of probability and statistical inference.

Textbook: Statistics for Business and Economics

Labor Relations (3 credits)
This course examines the interaction between organized labor unions and company management pertaining to rights and responsibilities, negotiations, and collective bargaining.

Objectives:

  • Learn the current trends in labor organization in light of changes in the labor force, such as the trend toward a two-tier wage system.
  • Discover why workers join unions and why management is sometimes not enthusiastic about unions.
  • Study the long struggle to establish the voice of organized labor in America from the nineteenth century to the present.
  • Discover the relationship between national and local unions.
  • Learn characteristics of the collective bargaining process and why early negotiations are marked by exaggerated demands.
  • Study variables that impact labor management negotiations
  • Find out the two major approaches to wage adjustments: escalator clauses and wage reopeners.
  • Study the nature of concessionary bargaining on the part of organized labor.
  • Study administrative issues under collective bargaining, including the role of seniority and affirmative action.

Research Assignment

Textbook: Labor Relations

Science Elective (3 credits)
(Choose one...)

SCI110 - Earth Science
This course will allow you to learn about planet Earth and the various aspects of the environment.

Objectives:

  • Describe specific characteristics of Earth.
  • Describe different types of rocks and minerals.

SCI120 - Introduction to Biology
This course will allow you to explore the origin of life and the relationships among all living things.

Objectives:

  • Explain how organisms are structured and how they work.
  • Discuss the various forms of life and their processes.

SCI140 - Nutrition
This course will allow you to develop a healthier lifestyle by making smarter nutritional decisions.

Objectives:

  • Explain the various components of nutrition as a science.
  • Describe nutrition from a global viewpoint.
  • Understand the importance of water and exercise.
  • Identify the basics of human growth and aging.
  • Discuss food safety procedures.

Organizational Behavior (3 credits)
This course provides an overview of management approaches.

Objectives:

  • Learn the process of human decision-making.
  • Study conflict management, communication in groups, power and influence, and organizational environment, structure, and design.
  • Learn about the fundamental forces of change.

Proctored Examination
You will be required to complete a proctored exam on selected courses each semester. These assessments will evaluate the knowledge and skills that you learned during the semester. You choose the time, the location, and the qualified exam supervisor.

 


We reserve the right to change program content and materials when it becomes necessary.

* As a degree candidate, you will take a proctored examination at the end of each semester on selected courses within that semester. We make it easy because you pick the location and the person you want to supervise the exam, as long as Penn Foster College's established policy and qualifications are met. Complete information packets with procedures will be provided well in advance, before completion of final semester coursework.

Note: Advanced standing student shipments may vary from the above schedule.A High School Diploma or GED is required to enroll in this degree program.

Although this outline covers all four semesters of the Human Resources Management Degree Program, you receive lesson materials for each semester as you enroll.

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