QuestionsAnswered.net
What's Your Question?
Making a Risk Management Plan for Your Business
It’s impossible to eliminate all business risk. Therefore, it’s essential for having a plan for its management. You’ll be developing one covering compliance, environmental, financial, operational and reputation risk management. These guidelines are for making a risk management plan for your business.
Developing Your Executive Summary
When you start the risk management plan with an executive summary, you’re breaking apart what it will be compromised of into easy to understand chunks. Even though this summary is the project’s high-level overview, the goal is describing the risk management plan’s approach and scope. In doing so, you’re informing all stakeholders regarding what to expect when they’re reviewing these plans so that they can set their expectations appropriately.
Who Are the Stakeholders and What Potential Problems Need Identifying?
During this phase of making the risk management plan, you’re going to need to have a team meeting. Every member of the team must be vocal regarding what they believe could be potential problems or risks. Stakeholders should also be involved in this meeting as well to help you collect ideas regarding what could become a potential risk. All who are participating should look at past projects, what went wrong, what is going wrong in current projects and what everyone hopes to achieve from what they learned from these experiences. During this session, you’ll be creating a sample risk management plan that begins to outline risk management standards and risk management strategies.
Evaluate the Potential Risks Identified
A myriad of internal and external sources can pose as risks including commercial, management and technical, for example. When you’re identifying what these potential risks are and have your list complete, the next step is organizing it according to importance and likelihood. Categorize each risk according to how it could impact your project. For example, does the risk threaten to throw off timelines or budgets? Using a risk breakdown structure is an effective way to help ensure all potential risks are effectively categorized and considered. Use of this risk management plan template keeps everything organized and paints a clear picture of everything you’re identifying.
Assign Ownership and Create Responses
It’s essential to ensure a team member is overseeing each potential risk. That way, they can jump into action should an issue occur. Those who are assigned a risk, as well as the project manager, should work as a team to develop responses before problems arise. That way, if there are issues, the person overseeing the risk can refer to the response that was predetermined.
Have a System for Monitoring
Having effective risk management companies plans includes having a system for monitoring. It’s not wise to develop a security risk management or compliance risk management plan, for example, without having a system for monitoring. What this means is there’s a system for monitoring in place to ensure risk doesn’t occur until the project is finished. In doing so, you’re ensuring no new risks will potentially surface. If one does, like during the IT risk management process, for example, your team will know how to react.
MORE FROM QUESTIONSANSWERED.NET
Life123.com
- Home & Garden
- Relationships
- Celebrations
Writing a Business Plan
While it may be tempting to put off, creating a business plan is an essential part of starting your own business. Plans and proposals should be put in a clear format making it easy for potential investors to understand. Because every company has a different goal and product or service to offer, there are business plan templates readily available to help you get on the right track. Many of these templates can be adapted for any company. In general, a business plan writing guide will recommend that the following sections be incorporated into your plan.
Executive Summary
The executive summary is the first section that business plans open with, but is often the last section to actually be written as it’s the most difficult to write. The executive summary is a summary of the overall plan that highlights the key points and gives the reader an idea of what lies ahead in the document. It should include areas such as the business opportunity, target market, marketing and sales strategy, competition, the summary of the financial plan, staff members and a summary of how the plan will be implemented. This section needs to be extremely clear, concise and engaging as you don’t want the reader to push your hard work aside.
Company Description
The company description follows the executive summary and should cover all the details about the company itself. For example, if you are writing a business plan for an internet café, you would want to include the name of the company, where the café would be located, who the main team members involved are and why, how large the company is, who the target market for the internet cafe is, what type of business structure the café is, such as LLC, sole proprietorship, partnership, or corporation, what the internet café business mission and vision statements are, and what the business’s short-term objectives are.
Services and Products
This is the exciting part of the plan where you get to explain what new and improved services or products you are offering. On top of describing the product or service itself, include in the plan what is currently in the market in this area, what problems there are in this area and how your product is the solution. For example, in a business plan for a food truck, perhaps there are numerous other food trucks in the area, but they are all fast –food style and unhealthy so, you want to introduce fast food that serves only organic and fresh ingredients every day. This is where you can also list your price points and future products or services you anticipate.
Market Analysis
The market analysis section will take time to write and research as a lot of effort and research need to go into it. Here is where you have the opportunity to describe what trends are showing up, what the growth rate in this sector looks like, what the current size of this industry is and who your target audience is. A cleaning business plan, for example, may include how this sector has been growing by 10% every year due to an increase in large businesses being built in the city.
Organization and Management
Marketing and sales are the part of the business plan where you explain how you will attract and retain clients. How are you reaching your target customers and what incentives do you offer that will keep them coming back? For a dry cleaner business plan, perhaps if they refer customers, they will get 10% off their next visit. In addition, you may want to explain what needs to be done in order for the business to be profitable. This is a great way of showing that you are conscious about what clear steps need to be taken to make a business successful.
Financial Projections & Appendix
The financial business plan section can be a tricky one to write as it is based on projections. Usually what is included is the short-term projection, which is a year broken down by month and should include start-up permits, equipment, and licenses that are required. This is followed by a three-year projection broken down by year and many often write a five-year projection, but this does not need to be included in the business plan.
The appendix is the last section and contains all the supporting documents and/or required material. This often includes resumes of those involved in the company, letters of reference, product pictures and credit histories. Keep in mind that your business plan is always in development and should be adjusted regularly as your business grows and changes.
MORE FROM LIFE123.COM
- Bachelor in Business Administration
- Undergraduate Degrees
A UNIQUE BACHELOR IN BUSINESS ADMINISTRATION
The study plan for the Bachelor in Business Administration at IE University has been designed with the prestigious academic experience at its core, our academic faculty’s expert knowledge and research in each area, and the linkages between the University and the professional world. The Bachelor in Business Administration aims to teach young ambitious individuals to build the proper skill set to become professionals capable of facing real-world challenges. Through our hands-on teaching methodology, students from the Bachelor in Business Administration will find the perfect ideal balance between what is studied throughout their degree and the projects that are applied based on real-world scenarios. This will aid them to develop profiles that are able to adapt to new trends happening now in the 21st century.
WANT TO KNOW MORE?
Bachelor in business administration study plan, learn more about our bachelor in business administration.
The first year is designed to build a foundation for a successful BBA journey through the development of essential knowledge, skills and personal insights. Students are tested for levels of development, learn about expectations and standards, and become familiar with the values of IE including humanities, entrepreneurship and international collaboration. The curriculum covers key business subjects and introduces essential context and appreciation for the wider world in which business operates.
SECOND YEAR
The second year of the BBA builds on the foundational blocks in year 1, and introduces a number of practical courses which tests and develops the student’s skills and approach to business. Fundamental subjects become more complex and there is a strong element of finance and numeracy. Practical projects in entrepreneurship and marketing expose students to the world of work and delivering results in teams. Students become more aware of the choices they need to make for years 3 and 4, and are given support by our academic teams in identifying key areas for development in order to succeed in specific early career paths. The introduction of technology courses shows the University´s commitment to cross-disciplinary learning and insight into innovation.
Students will continue the compulsory track in semester one, with subjects such as strategy and supply chain management which can build on the foundational courses of the first two years. These subjects benefit from the knowledge and experiences in the first half of the BBA. A practical assignment which consists of a cross-university Challenge project will help students applied what they have learned and combine with other subjects. Students continue their journey in semester two with personal choices in electives, study abroad, and internship. They can combine from a wide range of options, to follow their passion for specific subjects and career tracks.
FOURTH YEAR
The final year allows for continued specialization or a broadening experience, at IE University or a partner university. Electives and internships are available in semester one, followed by a final semester which includes the thesis project, a major team assignment, and the capstone strategic course. Students can also choose internships and electives as their final work in the months before graduation. The second semester brings all students on campus one last time, ensuring that the BBA is completed together as a community of learning and to celebrate the achievements from the past four years.
THE BBA LEARNING JOURNEY
The unique learning journey of the Bachelor in Business Administration has been structured in 12 integrated learning blocks that will allow you to explore the management world in a progressive way.
From day one, you will be immersed in a learning journey designed to help you build your own path to success.
BACHELOR IN BUSINESS ADMINISTRATION CONCENTRATIONS
Choosing your own path and personalizing your program is an essential part of your BBA learning journey at IE University. We offer eight different concentrations representing key pathways in business, so you can adapt your degree to your exact needs and career aspirations. In all of our BBA concentrations you will learn from industry experts, top academics, and real-world professionals who will help you shape a specialized profile capable of tackling the most complex challenges in each of these areas. If you feel prepared to choose a concentration in year one, then you can start diving deeper into the area of your preference in the first semester through specific activities, personalized career guidance, seminars, and more. You can also delay your choice up until the end of your first year or even your second year. By then, you will have to decide on a concentration with a specialized focus. Once you decide on your concentration, your curriculum will be tailored to your interests and career goals.
TURN YOUR IDEAS INTO A SOLID PROJECT AND TRANSFORM THE BUSINESS WORLD
The changes occurring today in the business world are a source not only of challenges, but also of opportunities. It’s time to innovate, come up with new business models and look for ideas that will shake up the market. The knowledge you gain in the Bachelor in Business Administration in Entrepreneurship and Corporate Innovation will teach you how to shape your ideas, start your own company and innovate within existing organizations.
If you pursue this concentration, you will conduct an in-depth analysis of all the fundamental areas that make up a company and grasp key management concepts that will empower you to lead your company to success. You can also choose to specialize in different fields depending on the area of activity you want to focus on: corporate entrepreneurship and innovation, financial entrepreneurship, social entrepreneurship and business intelligence for start-up companies, to name a few.
The future of business depends on the vision of emerging entrepreneurs. That’s why we help you adopt a big-picture perspective that will allow you to understand the effects that disruption and digital transformation are having on the business ecosystem. You will be able not only to pursue the concerns of your project, but also to identify the needs of each sector. In this way, you will contribute to transforming the corporate landscape through sustainable, responsible and ethical entrepreneurship, with the ultimate goal of benefitting society as a whole.
IS FOR STUDENTS WHO ARE…
Ambitious, self-assured and clear-minded, who are capable of innovating and are not afraid to break away from the norm. We’re looking for natural leaders who are determined to have a real impact on the business world.
LOOKING FOR…
In-depth knowledge of the entrepreneurial process, an understanding of its impact and weight in the micro and macroeconomic context, the ability to identify business and investment opportunities and a mastery of the necessary tools for strategic management. You will learn how to evaluate ideas, define key objectives and design corporate models. You will discover the different sources of financing available to you, understand how to calculate project costs, and put these concepts into practice by working with real ideas in the classroom.
TO BECOME A…
- Managing Director
- Entrepreneur
- Strategy and Innovation Consultant
- Innovation and Development Manager
- Business Transformation Manager
- Product Manager
TURN DIGITAL TRANSFORMATION INTO A BUSINESS OPPORTUNITY
The advancement of new technologies is the factor that has most redefined the business market in recent decades, causing technological development and digital transformation to take on a leading role in organizations across all sectors. Businesses now need professionals who are familiar with the different digital tools on the market, know how to use them, and can identify which are most efficient and best suited to the needs of each company.
The Bachelor in Business Administration in Digital Business, Analysis and Operations provides you with the necessary skills to master business and technology management. You will acquire knowledge of programming, business and software analytics, artificial intelligence, cybersecurity and decision-making in online businesses. Not only will you gain a broad view of the role of technology in the business ecosystem, but also a deep appreciation of the key factors behind its implementation and management. This way, you’ll be equipped to face the digital transformation of the business world—and even to become a driving force behind it.
In such a competitive environment, specialization is key to becoming a sought-after professional. The different electives in this concentration allow you to delve into areas such as technology applied to entrepreneurship or technological management of the corporate environment, giving you the opportunity to develop the highest-level skills. Also, as sustainability and social responsibility are increasingly important issues in most sectors, you will learn how to drive digital transformation from an ethical perspective that contributes to social development.
Passionate about new technologies and have the ability to solve complex real-world problems. This concentration is aimed at curious, innovation-minded students who are aware of the potential of digitalization.
A program that teaches you to identify technology trends in the business landscape, understand the strategic value of innovation systems in the corporate context, and gain the essential programming skills to tackle the challenges of the future. You will learn to apply business diagnostic tools and techniques, study the strengths, weaknesses and needs of a company in order to implement tailored solutions, harness the possibilities of data and manage unforeseen situations.
- Business Innovation Manager
- Business Intelligence Manager
- Information Systems Manager
- Technology Consultant
- Digital Transformation Consultant
- Cybersecurity Manager
OVERCOME PHYSICAL AND CULTURAL BARRIERS TO ACHIEVE GLOBAL SUCCESS
In a market that is more digital and globalized than ever, it is impossible to understand the role of new managers from anything other than an international perspective. The current landscape is complex, but it also presents enormous opportunities for leaders who have developed a broad and global vision—leaders who are clear about where the greatest competitive advantages lie, which international markets present the greatest risks and how factors such as exchange rate fluctuations affect their company.
In the Bachelor in Business Administration in International Business and Economics, students have the opportunity to study the different economic models of international trade in great depth and analyze the impact of trade policies on the main macroeconomic variables. This well-rounded concentration explores the differences between the various accounting systems and how to adapt them to international standards.
An international leader is able to function successfully in all types of contexts, capable of overcoming physical borders and language and cultural barriers. If you choose this concentration, you will explore the economic and growth differences between countries, discover the principles of international trade and understand the economic risks of international business expansion. You will understand which tools are most effective for ensuring your organization’s worldwide success.
Internationally ambitious, who see the increasing globalization of the market as an opportunity and have an interest in the economic, social and cultural differences between countries. This concentration is for resolute leaders who are confident and capable of creative thinking.
The skills and tools necessary to assess the boundaries and opportunities of various foreign markets and seeking to engage in global problem-solving. In the International Economics and Business concentration, you will learn to use professional criteria based on technical instruments to make decisions in a globalized context, identify sources of international income and evaluate the possibilities of companies’ success in specific markets.
- CEO of a company
- Director of International Strategy
- Market Analyst
- International Trade ConsultantImport/Export Director
FIND OUT WHAT YOUR CUSTOMERS NEED AND MAKE YOUR BUSINESS GROW
The rapid transformation of the business market has brought with it a change of mentality. Most business owners now understand that the strategy of any business must be focused on consumers—specifically, on providing them the best possible experience throughout the process of purchasing a product or hiring a service. The design of the customer journey is more essential than ever to improve brand satisfaction levels.
To meet this challenge, companies need executives who understand how their customers think and what their needs and expectations are. The purpose of the Bachelor in Business Administration in Product Management and Service Design is precisely to teach students to seek out new ways to provide value to consumers. In this concentration, you will study the concept of customer experience in great depth and discover its implications for companies. You’ll graduate with the ability to design synchronized and seamless customer experiences across products, services, organizations and companies.
When a company creates unique experiences, it strengthens its relationship with consumers and boosts loyalty. This concentration teaches you how to design products and services from a customer experience point of view in order to maximize your company’s potential for success. You will also better understand how consumers think, discover the best strategies and channels for engaging with them and become the kind of manager increasingly in demand by companies large and small.
Creative and restless and are aware that changes in the market require new business approaches and who want to understand how consumers think. Individuals who are highly innovative, adaptable and strategic thinkers.
A program that will teach you the basics of product and service design, help you discover the different stages of the creative process and understand the role that this plays in companies’ overall strategy. In this concentration, you will learn how to harness key technologies to effectively manage experiences, strengthen customer relationships and identify opportunities for innovation in the different areas of a business. You will also understand the importance of data and master the tools that utilize it to create value in a company.
- Customer Experience Consultant Strategy Consultant
- Marketing Manager
- Sales Manager
- Customer Service Manager
LEARN TO THINK AND PLAN STRATEGICALLY
Developing and implementing business strategies is one of the key components of management. These processes, which are becoming more and more important, require not only an in-depth understanding of the economic, social and competitive environment in which organizations operate, but also a mastery of the internal mechanisms that generate value and the most advanced planning and analysis models.
This concentration provides you with the tools, knowledge and skills that enable business administration and management professionals to develop a strategic mindset that will contribute to the growth of their organization. It delves into advanced business concepts and explores the most critical strategic management theories for the international environment. It also puts into practice leadership, communication and teamwork skills that are essential for working in strategic and corporate environments.
If you choose this concentration, you will learn to think strategically, identify the best alternatives for achieving your organization’s growth objectives through the use of internal or external resources, and analyze the factors that determine whether an implementation will be successful. You will discover how to design strategies that consider key resources and business objectives, and you will be able to plan implementation and track outcomes, using data to optimize the process.
With this concentration, you will be able to contribute to the strategic planning of your organization and become a pivotal element in its transformation, identifying business opportunities and generating value based on your mastery of the latest trends and tools, as well as your knowledge of the economic and competitive landscape
Ambitious, with the capacity for planning and the drive to become a key player in the growth and transformation of a company. This concentration is for individuals aware of the importance of corporate strategy and willing to develop a mindset that contributes to professional success, no matter their role.
The opportunity to learn about business diagnostic tools and techniques and the most advanced research models, ready to apply them to corporate planning and development. Acquire knowledge and skills that allow you to master the different strategic factors that influence organizations. You will emerge ready to enter the workforce in a planning-related position. Develop a leadership career in the field of strategic management, contribute to the achievement of business objectives and set yourself apart in the professional world.
- Strategic Management Director
- Corporate Strategy Consultant
- Planning Specialist
- Transformation Manager
- Corporate Development Manager
TURN SUSTAINABILITY INTO A SOURCE OF VALUE CREATION
Climate change and other environmental threats have shaped a broader concept of the value that companies generate. Businesses no longer aim only to seek profits for their shareholders, but now also strive to create a positive impact in terms of social, environmental and governance factors in a way that validates their role in society.
This means that there is an increasing demand for professionals who have mastered all aspects of ESG and who know how to integrate these elements into business strategy, creating long-term value for shareholders and society as a whole. There is an increasing demand for professionals prepared to lead the mitigation of impacts and adaptation to new environmental challenges, individuals who know how to improve the resilience of communities and organizations based on the most effective governance models.
These models address, from a practical perspective, the study of scientific principles, regulatory frameworks and the metrics and tools that affect corporate sustainability and ESG management. If you choose this concentration, you will study how companies interact with nature and will explore the different models of sustainable management that businesses are putting into practice. You will learn to identify problems and needs in the field of environmental management and to develop recommendations for action as well as adaptation mechanisms for new environmental scenarios affecting corporate environments.
Passionate about sustainability and the impact of business on society and the environment, with the ambition to create positive change and help organizations achieve economic advantage by drawing on ESG factors.
A highly sought-after specialization that teaches you to understand how companies interact with nature and to explore new models for sustainable management. Contribute to decision-making and business planning with your mastery of corporate social responsibility tools and knowledge. Learn to create value for the company and society as a whole through an understanding of social, environmental and governance factors and the strategic instruments needed to manage them.
- CSR Manager
- Environmental Consultant
- ESG Strategist
- Environmental Policy Manager
- CSR/ESG Consultant
LEARN TO CREATE STRATEGIES THAT MAKE BRANDS STAND OUT
In the global digital context, brand image is one of the main elements that sets a company apart from the rest. Branding and marketing strategies directly affect sales and revenue, and they must be based on a deep understanding of consumers and the latest technology in sales and analytics.
Customer experience, innovation, consumer behavior and content are all key aspects of an effective brand strategy. To develop and implement efficient marketing programs, business professionals need a mastery of the latest IT systems that aid in decision-making and planning. With the dismantling of departmental silos, companies need multidisciplinary professionals who not only excel in the area of management, but who are able to collaborate with departments such as marketing from a deep knowledge of those activities.
In this concentration, you will learn how to identify the differential value of products and services in order to develop branding, marketing and sales strategies. You will master the tools and metrics that measure the impact of a brand’s image to increase its value. Study key concepts and learn how to analyze data and use it as a tool for critical decision-making.
This concentration will help you create a distinctive professional profile that demonstrates your mastery of the most advanced technologies and models, making you stand out in a rapidly expanding area with abundant possibilities for career development. Your multidisciplinary skills will help you drive the growth of your organization and accelerate your career.
Passionate about sustainability and the impact of business on society and the environment, with the ambition to create positive change and help organizations achieve economic Passionate about customer relations, communication and the strategic aspects of brand development. Brand-aware professionals who want to develop their vision of branding to help their organization succeed. by drawing on ESG factors.
The opportunity to learn how to harness data to develop brand strategies and architectures, marketing projects and customer experience programs with a direct impact on sales and revenue. Specialize in marketing and obtain a multidisciplinary profile that will help you understand brand image and customer relations to take on a leadership position in areas that combine management and marketing.
- Brand Manager
- Customer Experience Manager
- Branding Consultant
- Brand Strategy Specialist
MASTER THE FUNDAMENTALS OF FINANCIAL MANAGEMENT
In an increasingly global and digitalized society, the role of financial areas is becoming more important. Management professionals must master the skills and knowledge that enable them to implement successful business and financial solutions using the most efficient methods and technology.
With rigorous academic content and an in-depth quantitative foundation, this concentration has a comprehensive approach that encompasses the most common aspects of financial and business management. Its intensely hands-on methodology provides you with an advanced knowledge of management, statistical accounting, mathematics and other subjects, enabling you to perform financial analysis and make an impact on decision-making and growth in your organization.
If you choose this concentration, you will master the latest financial management tools and concepts that businesses use. You’ll develop robust technical skills that will help you become an international professional with the capacity to generate growth in the financial industry or in finance-related roles in other sectors.
You will also master the latest trends that are reshaping the financial sector, from fintech and sustainable finance to programming and financial derivatives—knowledge that will make your profile stand out and will be invaluable in boosting your career as you enter the workforce. The skills you acquire in this concentration will enable you to contribute to strategy, help achieve objectives and become a key player in your organization’s financial processes.
Passionate about the world of finance and full of vision and ambition. This concentration is for those who are ready to develop a career in the financial field and contribute to transformation of the sector in a responsible and ethical manner—for the benefit of society and the organization.
Rigorous training that allows you to master the key concepts and skills of corporate finance and investing, as well as the international context in which they operate and the main global trends in the industry. Learn to use strategic financial management tools and models that will help you to exercise a leadership position in a financial institution or a company’s finance department. Develop experience and knowledge to contribute to the planning and realization of the corporate vision from a financial perspective.
- Financial Analyst
- Finance Manager
- Corporate Consultant
- Financial Advisor
- Corporate Investment Advisor
- Budget Planner
THE DUAL DEGREES OF IE UNIVERSITY
Develop a multidisciplinary profile and specialize in two distinct, yet connected fields, by combining another bachelor degree with your studies in Business Administration.
The Dual Degree in Business Administration and International Relations
The Dual Degree in Business Administration and International Relations offers a comprehensive and practical study of international affairs and solid business skills that will give you a global perspective of economic, political and social interactions.
DUAL DEGREE IN BUSINESS ADMINISTRATION + LAWS
This program prepares students for a range of careers in law and business, and to work in a dynamic corporate environment. This program is marked by the fundamental elements of IE University: academic excellence, an entrepreneurial spirit, and an international environment.
DUAL DEGREE IN BUSINESS ADMINISTRATION + DATA & BUSINESS ANALYTICS
This dual degree integrates business administration and data analytics seamlessly into one comprehensive program. This bachelor is aimed at individuals who are ready to drive performance within businesses, reach the smartest management decisions and make a positive impact in the corporate world.
DUAL DEGREE IN BUSINESS ADMINISTRATION + DESIGN
The Dual Degree in Business Administration and Design is a demanding program for creative individuals with a passion for innovation and business, looking to produce lasting value within the corporate world. Embark on a unique learning journey where you harness the power of future-forward design, develop unparalleled business knowledge, and gain real-world, hands-on experience.
INTERNATIONAL ACCREDITATION
IE Business School has been granted the prestigious “Triple Crown Accreditation” by the most highly respected business school accreditation associations. This honor is shared with a select few, with a mere 97 business schools worldwide (less than 1% of all business schools in the world) as of March 2020. The “Triple Crown Accreditation” certifies that the IE Business School's unique education model—based on innovative teaching methodologies and a commitment to breaking boundaries—is among the best in the world.
COMPETENCES
- Analyze companies’ needs to adapt instruments, products and services to their specific features.
- Organize and plan for situations that pose a challenge for decision-making in light of a company’s internal problems.
- Collect, analyze and summarize information from different sources in order to later apply it to business management.
- Ability to communicate in English orally and in writing.
- Adapt a company’s products and services using data analysis instruments.
- Define mechanisms enabling adaptation to new situations in the business environment.
- Apply solutions that are efficient in a competitive market based on national and international economic knowledge.
- Manage a small company or organization, understanding its competitive and institutional position and identifying its strengths and weaknesses.
- Understand the duties of the different management bodies of a medium or large company or organization in order to perform the management tasks entrusted to it.
- Evaluate a company’s current situation and foreseeable future in terms of specific situations and markets, using relevant records to enable decision-making.
- Create management projects for a company as a whole or its different functional units, identifying relevant economic information sources and their contents.
- Recognize a company’s economic, global and structural situation within the labor market in which it operates, including the subject and/or the company.
- Interpret the current socioeconomic context based on basic historical, philosophical and political knowledge.
- Apply the appropriate business diagnostics tools and techniques to each stage of development in order to obtain better evaluation and decision-making at a company.
- Use the most appropriate models and research methods for a given company in light of its context and normal spheres of business development.
- Use knowledge of information and communication technologies in all professional activities.
- Apply professional judgment based on using technical instruments to analyze problems.
- Identify and manage the conditions enabling employees’ personal development in everyday strategic business settings.
- Identify the differences, problems and needs present within an organization in order to properly manage them.
- Access, recognize and use relevant data and information in business settings.
- Create recommendations for action by applying the legal framework in force.
- Use cost accounting to make company decisions in collaboration with different corporate stakeholders.
- Apply novel business ideas in order to design an entrepreneurial reality.
- Use market strategies in different sectors analytically.
- Compile, distribute and present statistical data for software development in economics settings.
- Apply IT solutions to corporate issues, taking the latest advances in the sector into consideration.
- Identify the main cultural identity traits that characterize today’s world by understanding the main contemporary ideological trends.
- Behave professionally in accordance with the core principles and ethics of the profession. Manage unforeseen situations by being able to adapt to organizational changes.
- Use knowledge of the discipline to analyze and evaluate current situations.
- Form a part of interdisciplinary and multicultural teams to achieve shared goals in a diverse environment.
- Work actively in an international context.
APPLICABLE REGULATIONS OF THE PROGRAM
Read our blog, discover more, student life at ie university.
Chat with one of our students to hear about their experiences firsthand.
ENTRY REQUIREMENTS
Find out more about the entry requirements to come to IE University.
INFORMATION EVENTS
We hold frequent informational events for parents and prospective students.
- Communications team
- Legal Notice
- Privacy Policy
- Cookie Policy
- International Offices
- Accreditation
Business Plan of Study
Filling out your plan of study.
To fill out the Plan of Study correctly, follow these steps:
- Open Plan Of Study (POS) link in web browser (do not fill out in browser, information will not save or print)
- Download and save the PDF to your computer
- Open saved PDF file in Adobe Acrobat
- Fill out POS in Adobe and save file
- Business Administration Pathway (A.A.) Plan of Study
- Accounting (B.B.A) Plan of Study
- Finance (B.B.A) Plan of Study
- Information Systems (B.B.A.) Plan of Study
- Management Major with Entrepreneurship Concentration (B.B.A) Plan of Study
- Management Major with General Concentration (B.B.A) Plan of Study
- Management Major with Supply Chain Concentration (B.B.A) Plan of Study
- Marketing Major with Digital Concentration (B.B.A) Plan of Study
- Marketing Major with General Concentration (B.B.A) Plan of Study
- Marketing Major with Sales Concentration (B.B.A) Plan of Study
Office Of Student Retention And Academic Success
Sample plans of study for business majors.
The sample plans of study are guidelines offered to assist students in their course planning. For the official requirements for the Bachelor of Business Administration degree, students must consult the University General Catalog.
In addition to the plans of study, students need to refer to their Degree Audit Report, available on-line through UT's Web Portal and also available from the Office of Student Retention and Academic Success in the Savage Business Complex Rm 3130.
While MATH 1730 is the only required math course for students in the BBA program, some students are required to begin in pre-req courses of MATH 1200 and/or MATH 1320 and are still able to work these courses into the minimum 126 required hours for graduation. Please see the generic plans of study below.
Generic BBA Plan of Study (starting with MATH 1200)
Generic BBA Plan of Study (starting with MATH 1320)
Generic BBA Plan of Study (starting with MATH 1730)
Sample Plans of Study for COBI's BBA Programs
Our websites may use cookies to personalize and enhance your experience. By continuing without changing your cookie settings, you agree to this collection. For more information, please see our University Websites Privacy Notice .
School of Business
Undergraduate Programs
- Accelerated Masters Programs
- Business Summer Program
- Business Writing
- General Education Requirements
- Majors in Business
- Minors in Business
Majors at Storrs
- Healthcare Management
- Management and Engineering for Manufacturing (MEM)
- Management Information Systems (MIS)
- Real Estate and Urban Economic Studies
Majors at Regional Campuses
- Business Administration
- Business Data Analytics
- Financial Management
- Marketing Management
- Academic Advising
- Advising Drop-in
- Advising Peers
Major Plans of Study
- Scholastic Standing Requirement
- School of Business Forms
- Registration FAQs
- Advisor Toolbox
- BADM Equivalencies
- Graduation and Commencement
- How to Conduct a Self-Audit
- New Student Orientation
- Scholarships for Business Students
- Transfer Course Evaluation
- Withdraw and Pass/Fail Guidance
Our Audiences
- Current Students
- Honors Students
- Prospective Students
- Transfer Students
- Build Your Business Experience
- Business Connections Learning Community
- Industry Snapshot
- LAUNCH Level Up Challenge
- Leadership and Mentoring
- Student Organizations
- Study Abroad
- Global Business Programs
- Office of Diversity and Inclusion
- OPIM Innovate
- UG Career Development Office
- Current UConn Students
- Alternative Pathways
Quick Links
- Commencement
- Permission Number Request Form
- Search this Site Search in https://undergrad.business.uconn.edu/> Search
Your Plan of Study is determined by your catalog year. Please use your Advisement Report or Academic Requirements Report in StudentAdmin to determine your catalog year, which is typically the year you started in the School of Business. Feel free to contact the Office of Undergraduate Advising if you need a Plan of Study from a catalog year prior to what is available here.
Please read important major information at bottom of this page.
- Critical course ECON 1201 recommended over credit restricted ARE 1150 course.
- Certain adjustments have been made available to students in prior catalog years based on updated major requirements, outlined below.
- Refer to the most recent catalog year's plan of study for accurate "Fall only" and "Spring only" notations for planning purposes.
- For majors offed at multiple campuses, please consult with the Department and/or your Advisor.
For Management & Engineering for Manufacturing Plan of Study, please visit the MEM website .
Important Major Information to be used in addition to School of Business Plans of Study
"Fall only" and "Spring only" notations on the Plans of Study for Storrs majors are for planning purposes. These notations on the current year's Plans of Study are the most up-to-date listing and should be used to develop a student's course sequence. If departments need to change these offerings without advanced notice, junior and senior students in the major impacted are notified over email. Students should be sure to closely read emails sent to them from their academic department.
For majors offered at Hartford, Stamford, and Waterbury, students must work closely with the Academic Advising team to confirm offerings based on campus and course availability and their graduation timeline.
A note regarding critical course ECON 1201: According to the catalog , "students may not earn credit for both ARE 1150 and ECON 1201." It is STRONGLY RECOMMENDED that all students currently in, or seeking admission to, the School of Business take ECON 1201, and not ARE 1150, so as not to run into credit restriction issues. Should a student take ARE 1150, the School of Business will substitute that course for the ECON 1201 requirement, however that student will need to request a permission number to enroll in any Business course that uses ECON 1201 as a pre-requisite, and will run into enrollment errors as a result. The School of Business strongly recommends students take ECON 1201.
- The MGMT department code is now MENT in the catalog and in StudentAdmin, to represent the Management & Entrepreneurship Department name.
- For catalog years 2017-18, 2018-19, 2019-20 , if you have BUSN 3002W required on your major’s plan of study, you may choose to take either BUSN 3002W or 3004W to satisfy the requirement. If you have BUSN 3003W required on your major’s plan of study, you must take BUSN 3003W to satisfy the requirement.
- For catalog years 2016-2017 and prior , either BADM 4070W or BADM 4075W appears on all Plans of Study. As of Fall 2017, these courses have been renamed BUSN 3002W and BUSN 3003W, respectively. Students looking to satisfy this requirement should seek enrollment in BUSN 3002W or 3004W if BADM 4070W is on their plan of study, or BUSN 3003W if BADM 4075W is on their plan of study.
- MENT 2234 and all 3000+ Business (non-ACCT) courses, except 4893, will satisfy this requirement automatically.
- Business courses that have returned from study abroad as 4893 may be reviewed for a substitution.
- ACCT 5584 (formerly ACCT 5603) will satisfy the ACCT 4203 major requirement . Currently ACCT 5584 does not allow for repeat forgiveness, so students are advised to withdraw from the course if considering repeating it in a later term.
- Students in catalog years 2018-19 and prior , may take advantage of the following residence requirement for the courses used to satisfy required major courses, and any courses used to meet the optional concentration. Instead of being required to complete at UConn "FNCE 3302 and the three courses used to meet the Focus course requirement," students will meet the residence requirement with “12 of the 18 credits (four of the six courses) used to satisfy required major courses, and any courses used to meet the optional concentration requirement must be taken in residence at the University of Connecticut."
- For catalog years 2018-19 and prior , FNCE 4893 (Foreign Study) will satisfy an additional course requirement.
- For catalog years 2017-18 and prior , there is an updated Focus Course List which includes FNCE 4209, 4302, 4304, 4305, 4306, 4307, 4308, 4309, and 4430. No other courses will be substituted towards the Focus course requirement.
- MENT 3234: Opportunity Generation, Assessment, and Promotion
- MENT 3235: Venture Planning, Management, and Growth
- One course from the following list: MENT 3741, 3742, 3882, 3982, 4741, 4742, 4292
- MKTG 3362 , Marketing Planning and Strategy, is now MKTG 4362
- For catalog years 2019-20 and prior that offer a concentration in Digital Marketing and Analytics , a student may complete MKTG 3661, 3665, and one 3000/4000 level MKTG course, receiving a grade of “C” or better in each course to earn the concentration.
Students in catalog years 2019-2020 and prior must advance their catalog year if seeking the Digital Marketing and Analytics concentration.
- All majors in catalog years 2015-2016 and prior , BADM 4072 appears on all Plans of Study. As of Fall 2016, this course has been renamed BUSN 3005. Students looking to satisfy this requirement should seek enrollment in BUSN 3005.
- All majors in catalog years 2014-2015 and prior , BADM 3001 appears on all Plans of Study. This course is no longer offered or required for any catalog year, as the content is now included in other required courses.
- Management majors in catalog years 2014-2015 and prior , there are courses listed that are no longer offered. Students under these catalog years seeking a Management major may contact the Office of Undergraduate Advising for a guide to navigate the updates.
Plans of Study
Business Administration
Sample Plans
This information is based on requirements for the academic year(s) indicated. Students should consult the catalog year they were admitted under for their academic requirements.
Sample Plan of Study
- 4-Year Plan of Study
- Meet Our Faculty
- Course Requirements (Catalog)
- Sample Plans of Study
Not what you're looking for?
- Search Search Vai Close
- Directories Directories People Structures Vai Close
- Certificates
- Document and library services
- Esami online - EOL
- Internships
- Job vacancy noticeboard
- Language courses
- Studenti Online
- Study plans
- Teaching Staff-Student Distribution lists
- Tesi online
- AlmaRegistri
- Cedolini web
- Incarichi extraistituzionali
- IRIS - Institutional research archive
- Personal Website
- Platform for printed materials
- Presenze web
- UniboImmagine
- U-Web Reporting - Projects Accounting Reporting
- University Intranet
- My e-mail for students
- My e-mail for staff
- Opportunities
- Notice Board
Preparing the study plan
Information on how to prepare and present a study plan.
- Invia ad un amico
What is a Study Plan?
The study plan is the complete set of exams that you need to sit in order to graduate. Some exams are compulsory, while others are elective. By modifying your study plan you have the opportunity to personalize your own career according to your preferences.
Who can present a study plan?
A study plan can be presented by properly enrolled students who have paid their tuition fees and, in the case of international students, who hold a valid permit of stay.
The procedure
1. present your study plan.
When : You can present your Study Plan during two periods: from September 29 to October 20, 2022 and/or from Januay 12 to February 24, 2023 . These deadlines must be strictly respected.
How : Access Studenti Online website with your institutional credentials*. There you can choose the electives you prefer from a list of availables subjects. "Save" before logout.
Once you have inserted your choice then it will appear to you on your AlmaEsami
2. Book for the exam on AlmaEsami
3. sit the exam**.
*: Students who are "fuori corso" (past envisaged completion time for the degree course) or who have transferred in, must use the hard-copy forms to present their study plan rather than the Online system. The forms have to be completely filled in and delivered to the administrative office. Please find the form here attached. Once you have filled in the form and signed it, you will have to send a scanned copy to [email protected]
**: You are not allowed to take you electives before your third year (with except for COMPUTATIONAL TOOLS 3CFU)
Very important!
There are two electives which are alternatively mandatory. It means that you have to get 3 CFUs choosing between only two subjects (each subject is 3 CFU). The two subjects are COMPUTATIONAL TOOLS and LABORATORY . If you choose COMPUTATIONAL TOOLS then you have to attend it during your first year while if you choose LABORATORY then you have to attend it during your third year.
COMPUTATIONAL TOOLS is the unique elective you can attend during your first year.
In your third year you will have to choose electives for an amount of CFUs equal to al least 18. There you can (it is not an obligation) insert the one you did not take between COMP. TOOLS and LAB.
For 3 rd year and graduating students:
- as any academic year, 2022-23 will include 4 graduation sessions: July, September, October 2023 and also March 2024. If you are planning to graduate in one of these 2023-24 dates (including March 2024), you cannot edit your Study Plan in the a.y. 2023-24, i.e. in October 2023. If you do edit your study plan then, you will not be allowed to graduate within March 2024. In other words, if you are planning to graduate within 2022-23 academic year (including March 2024) your last chance to edit your study plan will be February 2023. Similarly, those who intend to graduate within March 2024 cannot edit their study plan in October 2023.
- Within the 18 CFU elective box you will note that you are allowed to select more options than you need to. This is to give you more flexibility and grant you a wider choice, also in terms of what exams dates are available before your expected graduation session. You are not bound to take all the modules that you select, BUT, the optional/elective exams that you will actually take in the end, will have to be selected in your study plan. The same applies to internships.
- In light of the two points above , if you intend to graduate in March 2024, it may be safe to select also optional/elective modules that will have exam dates in the first semester, before March 2024.
How to fill in your study plan
Connect to Studenti On Line , enter with your ID and password, select study plan and add the electives to your exam list. Read the following instructions:
THIRD YEAR STUDENTS
Third year students must fill in the study plan with the compulsory learning activities and the electives. Compulsory learning activities are not changeable unless you are going to spend a semester in Buenos Aires. If it is the case then you simply have to change the compulsory subject with the BA relative subject accordingly to the semester you are going to spend in BA (i.e. 48144 CORPORATE FINANCE substituted by 79484 CORPORATE FINANCE (B.A.)).
Electives :
For the electives you have to add a minimum of 18 CFU and a maximum of 54 CFU. In the Course Structure diagrams page of the CLABE website you can find the activities suggested by the programme to be chosen as electives. Should students want to choose other courses, they can do it by completing the study plan online, through SOL. In case of difficulties with the online version, students can use the paper copy of the study plan here attached. The courses chosen always have to be tought in English. Students can also select the following electives of the programme in Economics and Finance :
Behavioural Economics
Public Finance and Public Policy
Economic analysis
Development: Economics and Financial Markets
Law and economics of regulation
Labor Economics
Ethics and Markets
If you choose an internship, the 12 CFU provided by your internship (to be done during the 3 rd year or already done at the end of the 2 nd year (summer)) will be part of your electives CFU.
For students spending a semester in Buenos Aires, we suggest to add LABORATORY OF MANAGEMENT and INNOVATIVE RETAILING in any case, so that in case you will need to sit these exams in Bologna, you will have them in your study plan. In case you pass your exams in Buenos Aires, the Bologna ones will be deleted automatically.
Language Exams : (to be taken at the Language Centre) You may decide to pick either B1 (3 CFU) or B2 (6 CFU) in French, German and Spanish. Of course if you are a native speaker of any of these languages, you are not allowed to take the exam related to your mother tongue , even though it appears in your module options. Please find here information on how to have a language certificate recognized as a language exam.
*WATCH OUT: If you change your study plan in February/March, adding electives that take place in the first term, it won't be possible to graduate in July . SECOND YEAR STUDENTS Group 3 Bologna track : if you attended the first year in Bologna you must select all of the following exams: 59691 MACROECONOMICS 47732 STATISTICS Group 2 Buenos Aires track : if you attended the first year in Buenos Aires and you didn't anticipate any exam before leaving, you must select: 47736 ACCOUNTING 37294 PRINCIPLES OF LAW Make sure that the following learning activities are already listed in your study plan: 37299 FINANCIAL ANALYSIS, 37296 COMMERCIAL LAW, 37300 FINANCIAL MARKETS AND INSTITUTIONS , 37297 INDUSTRIAL ORGANIZATION, 09511 MARKETING For both tracks, students can select Internship filling the study plan from January 14th to March 5th 2021.
- FIRST YEAR STUDENTS (enrolling to 2020/2021)
Bologna track : you must skip box n°1 and select all the activities in Box n° 2, 3, 4, 5, 6 and 7 as listed:
2) 37685 COMPUTATIONAL TOOLS** 3) 37292 MATHEMATICS 4) 23611 ORGANIZATIONAL BEHAVIOR 5) 37068 PRINCIPLES OF MANAGEMENT 6) 37293 MICROECONOMICS 7)47736 ACCOUNTING 7) 37294 PRINCIPLES OF LAW
** your study plan manages two groups of electives. Group 1 (3 ECTS) is made by Computational tools and Laboratory and group 2 (18 ECTS) is made by electives, internship, language activities and Laboratory. Important : Computational Tools can be chosen during the first year only. It won't be possible to choose Computational tools during next years. That is why the program strongly suggests to select it in the first year. If you choose Computational tools you should not pick Laboratory as a compulsory activity in the third year from group 1 (but you can still choose it from group 2). If you did not choose CT, you will still need to fulfill the requirement for group 1 and it will be mandatory to attend Laboratory during the 3rd year.
N.B.! This also applies to students who already reach the required 177 credits to graduate.
Buenos Aires track: If you want to attend 37294 PRINCIPLES OF LAW you have to select it from box 1. Then, select the following activities from box number 2, 3, 4, 5, 6 and 8, as listed: 2) 77095 COMPUTATIONAL TOOLS B.A. 3) 75229 MATHEMATICS B.A.
4) 75248 ORGANIZATIONAL BEHAVIOUR B.A. 5) 75235 PRINCIPLES OF MANAGEMENT B.A. 6) 75231 MICROECONOMICS B.A 7) 75250 MACROECONOMIA B.A. 8) 75249 STATISTICS B.A.
------------------------------------------------------------------------------------------------------------
Outgoing erasmus/overseas (or other exchanges).
The Learning Agreement replaces the study plan in your period abroad and you can state your optional and elective choices on the L.A. For the optional and elective choices that you do not include in your L.A., you need to include them in the study plan within the set deadlines.
However, if you are leaving for an exchange period, it may be wise to fill in the study plan anyway as if you were in Bologna. Why? If, for example, you do not manage to sit abroad all the exams that you had planned in your L.A., having optionals / electives selected in your s.p. is a safer fall back option if you what to take them in Bologna on your return. If they are not selected, you cannot take them when you come back.
Essentially, everything that is not a mandatory module needs to be duly selected, be it in the final version of the Learning Agreement or in the Study Plan, or both to be on the safe side.
Form - paper study plan
Form study plan
[ .pdf 114Kb ]
IMAGES
VIDEO
COMMENTS
Preparing a financial plan for your business is important if you plan to pursue business finance options such as loans, according to Inc. Business finance companies look at the short-term viability as well as the long-term potential of a bu...
It’s impossible to eliminate all business risk. Therefore, it’s essential for having a plan for its management. You’ll be developing one covering compliance, environmental, financial, operational and reputation risk management.
While it may be tempting to put off, creating a business plan is an essential part of starting your own business. Plans and proposals should be put in a clear format making it easy for potential investors to understand.
The study plan for the Bachelor in Business Administration at IE University has been designed with the prestigious academic experience at its core
Discover our four-year BBA degree's study plan: the Business Administration mandatory subjects and elective ones. Study with us!
Open Plan Of Study (POS) link in web browser (do not fill out in browser, information will not save or print); Download and save the PDF to your computer
The sample plans of study are guidelines offered to assist students in their course planning. For the official requirements for the Bachelor of Business
Accounting · Accounting Information System · Economics · Finance · Information Technology · International Business · Marketing · Operations Research
determine your catalog year, which is typically the year you started in the School of Business.
Department of Business, Accounting and Sport Management. Plan of Study (2020-21). Degree: Business Admistration.
Sample Plan of Study. The requirements below pertain to this Undergraduate Catalog year and are intended as a guide for academic planning. Students should
Sample Plans. This information is based on requirements for the academic year(s) indicated. Students should consult the catalog year they were admitted
Study Plan BS in Business Management - Fall 2021. Fall I. Credits. Spring I. Credits. ACC203 Financial Accounting. 3. MGT201 Intro to Management.
A study plan can be presented by properly enrolled students who have paid their tuition fees and, in the case of international students, who hold a valid permit