HR Decision Making is one of the four required course areas for students in the Master of Human Resource Management Program. Students are required to take the following two courses in this area to receive their MHRM degree.
HR Decision Making: Financial Decisions
The course prepares students to assess the business implications of basic financial statements (income statement, balance sheet, cash flow statement) and to participate in the financial analysis of business strategy. Particular attention is paid to topics where finance and HR intersect (cost benefit analysis of HR initiatives, selection of financial measures to serve as bonus drivers, alternative models for valuing employee stock options, financial and accounting aspects of pensions and other post retirement benefits).
HR Decision Making: Data-Based Decisions
This course addresses research design methodology and addresses basic statistics through regression analysis. It will enable students to compile and analyze data that can be used in developing, implementing, and measuring the outcome of HR strategy.