Post-Master's Certificate in Business Fundamentals

The Post-Master's Certificate in Business Fundamentals is targeted towards current doctoral students at the University of Alberta. The certificate is intended to complement your doctoral studies and provide you with a tool-kit of core business foundations.

Who is it for?
The certificate program is designed for doctoral students at the University of Alberta to provide students with a toolkit of core business foundations. The certificate program would be of potential interest to those students for whom knowledge of business foundations would supplement their thesis research, for those working or supervising others in a lab, as well as doctoral students writing grant proposals. The certificate program would provide students with knowledge that could bridge the gap between highly specialized training and career opportunities that require business knowledge.
What courses will I take?

You will need to complete four graduate-level courses, three required courses plus your choice of one course. The three required courses are:

ACCTG 501 - Introduction to Financial Reporting and Analysis (*3)

Accounting information's role in recording and reporting on economic and business events including the primary financial statements: balance sheet, income statement, and cash flow. Concepts and purposes underlying financial reporting. Selection of accounting policies and their informational effects for external users. The course begins to develop students' abilities to evaluate and interpret financial information through basic financial analysis.

MARK 502 - Principles of Marketing Management (*3)

This course commences with an examination of core marketing concepts, including strategic marketing planning, segmentation and the marketing mix (product, price, place, and promotion) and the integration of these concepts into a marketing plan. Specific focus is then provided to developing pragmatic skills regarding marketing effectiveness.

SEM 500 - Managing People (*3)

Introduces students to organizational behaviour (OB) and human resource management (HRM), and how to generate energy and commitment in employees. Examines options relevant to staffing, performance management, reward systems, leadership, motivation, decision making, communication, labour relations, and current issues in the field of management.

You would also select one course from the three options listed below:

ACCTG 523 - Accounting Information and Internal Decision Making (*3)

Accounting concepts used by managers in planning and decision-making. The course introduces concepts of cost and profit behaviour, contribution margin, and activity-based costing, as well as relevant costs and revenues for production, marketing and capital budgeting decisions. The course also introduces students to the management planning and control system and its components - budgets, variance analysis, performance evaluation in centralized and decentralized organizations, and management compensation plans. The importance of designing a system to fit the organizations' strategy is emphasized.

FIN 501 - Managerial Finance (*3)

Fundamental concepts in asset valuation are discussed within the context of simple asset pricing models and efficient financial markets. This course introduces the valuation of financial assets such as bonds and stocks. Further topics include the issuing of financial securities, leverage, dividend policy, cash management, and derivative securities.

SEM 652 - Leadership Skills (*3)

The purpose of this course is to increase the student's understanding of leadership roles and skill in exercising those roles. These include team building, mentoring, managing conflict, delegating, managing participative decision making, creative problem solving, and time and stress management.

How are the courses offered?
All courses are delivered in person on the University of Alberta campus. You would be completing the certificate courses as they are offered as part of the MBA program. Post-Master's Certificate students would typically take classes during the evening. Certificate students would integrate with MBA students to provide a dynamic, interactive environment which would blend theory with hands-on participation and solution-driven application. The exchange of scientific and technical knowledge with business fundamentals and applications would be of significant benefit for doctoral students and MBA students alike.
How long will it take to complete?
Students would be able to begin the certificate program in either Fall or Winter term. You are required to complete four courses, the exact length of time to complete the certificate will vary based on course-load. We anticipate most students will complete one course each term (Fall and Winter) and complete the certificate in two-years. Once accepted into the certificate program, students would work with our Academic Services team to plan their schedule.
How much does the certificate cost?
Course tuition for the certificate program is in line with existing MBA student tuition. Students will be assessed ~$1,250/course plus any additional non-instructional fees.
What are the certificate requirements?
The certificate is intended for current doctoral students at the University of Alberta. There is no specific discipline or area of study required for students to enter the certificate. You will need to apply to the certificate program through the Faculty of Graduate Studies and Research. As part of the online application, you will need to upload copies of your current and previous transcripts.
How do I apply?
You will need to apply directly through the Faculty of Graduate Studies and Research online application system.
How can I find out more information?

For more details on the certificate, please contact us directly at:

E: mbaadm@ualberta.ca

P: 780-492-3946