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Linear: Sequential Order
CERTIFICATION COURSES
INSTRUCTIONAL DESIGN
The university offers Online Self-paced Learning courses of about 60 hours with 4 credits each. These courses are designed to provide a comprehensive and engaging learning experience, adopting of (4) Four-Quadrant Approach i.e., eContent, eTutorials, Self-Assessments and Discussion Board.
METHODOLOGY
To ensure effective understanding, knowledge retention and practical applications, these courses use the following methodology:
1. Self-paced online course delivered with four-quadrant approach
2. Unit-wise Structured Course with
3. Modular MCQ-based Self-Assessments
4. Assignments for Practical Applications
5. 24x7 Online Community Support from Peers and Faculty
6. Periodic Live Interactive Sessions by Industry Professionals
7. Flexible Course Duration with a minimum of 1 month to a maximum of 1 year.
8. Final Examination (3 hours) after completing 60 hours of learning
a. Early Examination in limited centres near Regional Centres (RCs)
b. Regular Examination twice a year (Semester Pattern) near the students’ location.
NOTE: Not more than 4 (Four) Self-paced Online Courses can be taken concurrently.
Course Objectives
1. Understand fundamental economic concepts and their application in business
2. Develop knowledge of microeconomic and macroeconomic principles
3. Learn the basics of financial accounting and its importance in business decision-making
4. Understand financial statements and their interpretation
5. Develop skills in recording financial transactions and preparing basic financial reports
6. Understand the relationship between economics and accounting in business contexts
Course Outcomes
By the end of this course, students will be able to:
1. Apply economic concepts to analyze business situations and market conditions
2. Understand and interpret key economic indicators and their impact on business
3. Demonstrate knowledge of basic accounting principles and practices
4. Prepare and interpret basic financial statements
5. Analyze financial reports to assess a company's performance
6. Understand the role of accounting in managerial decision-making
7. Apply economic theories to explain market behaviors and business strategies
8. Understand the impact of government policies on economic conditions and business operations
9. Demonstrate basic proficiency in using accounting software for financial record-keeping
.
Overview of economics and its relevance to business
Introduction to accounting and its role in business
The relationship between economics and accounting
Assessment
5 Questions
Supply and demand analysis
Market structures and competitionÂ
Constraint satisfaction problems
Production theory and costs
Assessment
5 Questions
National income accountingÂ
Economic growth and business cyclesÂ
Inflation and unemploymentÂ
Fiscal and monetary policy
Assessment
5 Questions
International trade theory
Exchange rates and the balance of payments
Global economic institution
Assessment
5 Questions
Accounting principles and concepts
The accounting equationÂ
Double-entry bookkeeping system
Assessment
5 Questions
Journal entries and T-accounts
Adjusting entries and closing processÂ
Bank reconciliations
Petty cash management
Assessment
5 Questions
Income statement
Balance sheetÂ
Cash flow statementÂ
Statement of changes in equity
Assessment
5 Questions
Ratio analysisÂ
Trend analysisÂ
Comparative analysis
Assessment
5 Questions
Cost classification and behavior
Cost-volume-profit analysis
Job costing and process costing
Assessment
5 Questions
Preparing operating budgets
Cash budgetsÂ
Flexible budgetsÂ
Assessment
5 Questions
Game theory in business decisions
Pricing strategies
Investment decisions and capital budgeting
Assessment
5 Questions
Regulation and deregulation
Taxation and its impact on business
Environmental economics
Assessment
5 Questions
Stock markets and bond markets
Financial intermediaries
Central banking and monetary policy
Assessment
5 Questions
Ethical considerations in economic decision-making
Accounting ethics and professional responsibility
Corporate governance and social responsibility
Assessment
5 Questions
Introduction to accounting software
Economic data sources and analysis toolsÂ
Blockchain and its potential impact on accounting
Assessment
5 Questions
Final Assessment
50 Questions
The certificate issued for the Course will have
Only the e-certificate will be made available. No Hard copies. The certificates issued by ODISHA STATE OPEN UNIVERSITY. can be e-verifiable at www.ulektzskills.com/verify.
60 hours Learning Content
100% online Courses
English Language
Certifications