This course seeks to empower students with the knowledge, skills and attitudes to achieve entrepreneurial success in a variety of settings. It focuses on the individual’s intelligence to identify opportunity, assess risk, and apply the necessary skills to transform innovative ideas into viable, sustainable business ventures. This course will have a theoretical, as well as, a practical component, which when combined should transform ideas into meaningful and long lasting ventures, that will create value and wealth for both the individual and the society in which he or she operates.
The aim of the first semester of Microeconomics is to provide candidates with an adequate knowledge and understanding of the tools of economic analysis and the situations and problems to which these tools are applied. The main topics in this course are the Central problem of Economics, Tools of Economics Analysis, Theory of Consumer Demand, and the Theory of Supply. The main purpose is to apply these concepts of microeconomics to real-life problems. Issues like government regulations, taxation, antitrust policy, public goods, technological change and policies towards the environment will be covered. The course is intended to provide the basis for a board understanding of economics and to provide a satisfactory basis for further study of the subject.
This course is an introduction to the concepts and techniques of statistics. It is designed to cover the concepts, arithmetic and algebraic techniques necessary for an understanding of basic statistical methods from the perspectives of both descriptive and inferential statistics. Special emphasis is given to the concepts and techniques relevant to organizing and summarizing data, probability distributions, sampling distributions, estimation, and hypothesis testing. Through this course students will be able to understand the role of statistics as a widely used tool in the world of business; develop an appreciation of the techniques and concepts used in business research and everyday business transactions; and develop the ability to analyze and use statistical information as an aid to problem solving and decision making
This course provides students with the understanding of how the global tourism system operates and provides them with the basic tools and techniques to function effectively within the system. Students will explore areas of interest including generation of markets, transit routes, destinations and features of the industry. Students will also study and research on the different continents of the world, concentrating on key tourism destinations and their attractions.
This course explores three areas of importance in business: financial institutions, investments, and corporate finance. This course introduces the student to the importance of identifying sources of funds, the creation and valuation of assets, the managing of assets (both long and short term), and the importance of analysis to determine the financial position of a company.
This course is the first of a two-semester syllabus that enables students to understand and appreciate the principles and practices of costing and costing systems, as well as develop the capacity for systematic and critical thinking as the basis for managerial planning and decision making. Any student with a good grasp of the Principles of Accounts syllabus or its equivalent is able to pursue the course. The nature and scope of the course prepares students for the CAPE Advanced-Level Accounting examination, and International Accounting Standards (IAS) are used as the basis for application of principles and the presentation of accounting information.
This course will present the fundamental concepts and techniques of the basic accounting system, including accounting for a complete cycle of business activities for a service enterprise and a merchandising firm. Additionally, this course seeks to explore the responsibility of accounting in a society where there is a scarcity of and competition for economic resources, and its role as an information system for measuring, processing, and communicating information that is useful in decision-making.