Business Administration Course Descriptions
Course descriptions that are designated with a (B or P) fulfill the Behavioral or Problem Solving Ways of Knowing requirement of the Core Curriculum.
ACCT 103: Financial Accounting (B, P)
A study of the basic accounting cycle and financial statement preparation as applied to service and merchandising enterprises. Analyzes the accounting system of a sole proprietorship.
ACCT 104: Managerial Accounting (B)
Interpretation and use of accounting data for management decisions; financial statement analysis, the statement of cash flows and manufacturing costs. The accounting systems of partnerships and corporations are compared and contrasted. Prerequisite: ACCT 103.
ACCT 113: Computerized Accounting
One credit course designed to highlight the usefulness of computers in accounting. Students use the computer in recording transactions for a small business. Prerequisite: ACCT 103.
ACCT 213-414: Intermediate Accounting Theory I (B)
An in-depth study of the theory and application of accounting topics including the accounting cycle, financial statements, assets, and liabilities. Prerequisite: ACCT 104.
ACCT 216: Taxes
A study of the Federal Income Tax Law concentrating on taxes relating to individuals and corporations. Topics include income, deductions, tax credits, and property transactions. Prerequisite: ACCT 103.
ACCT 223: Cost Accounting (B)
An examination of the principles of cost accounting, concentrating on the use of cost data for management planning and control. Examines job order and process cost systems along with budgeting procedures, standard cost systems, and various managerial applications of cost accounting information. Prerequisite: ACCT 104.
ACCT 333: Auditing
An introduction to auditing theory and application with emphasis on specific procedures used when examining financial statements. Examines professional ethics, types of audits, internal control, statistical sampling, and reporting obligations. Prerequisite: ACCT 214.
ACCT 363: Advanced Accounting Theory I
A detailed study of accounting topics including business combinations, consolidated financial statements, and inter-company transactions. Prerequisite: ACCT 214.
ACCT 364: Advanced Accounting Theory II
A continuation of Advanced Accounting Theory I. Discusses the theory and application of accounting topics including partnerships, governmental units, nonprofit organizations, estates and trusts, multinational enterprises and liquidations. Prerequisite: ACCT 363.
ACCT 400: Honors
Independent study during junior and senior years culminating in an honors thesis determined by the interests of the student. By Departmental invitation only.
ACCT 401: Internship in Accounting
A program designed to provide qualified junior or senior business majors with an opportunity for direct experience in a profit or non-profit business activity. Student writes a short paper integrating their academic and internship experience.
BADM 101: International Business
An overview of international business and the globalization process. Topics covered include national differences in political economy, differences in national cultures, international trade theories; the political economy of international trade, foreign direct investment; regional economic integration, the foreign exchange market, the international monetary system; the global capital market, and the strategy and structure of international business.
BADM 102: Business Ethics (B)
An in-depth analysis of complex ethical dilemmas in business organizations, focusing on managing ethical decisions, establishing an ethical culture, and whistle blowing. Evaluates a firm’s fiscal and social obligations to its employees, stockholders, customers, creditors, suppliers, and neighbors. Employs role playing and case analysis.
BADM 104: Introduction to Business (B)
An overview of the domestic and global business environment and economies. Exposure to the theoretical framework and structure of the business environment, including accounting, economics, ethics, finance, management, and Marketing. "Case studies will provide illustrations of real life examples of business organizations, activities and the people who operate them."
BADM 120: Law and the Business Enterprise I (B)
Geared primarily for business majors. Focuses on the law of contracts, product liability, landlord/tenant law, negligence, torts, trademarks and other topics relevant to the business world.
BADM 252: The Business of Music (A)
Designed as a preparation for a career in music and the business of the music industry. Content includes the information concerning the working professional musician, agents, personal managers and publishers, performing rights, contracts, music copyrights, record companies/record industry, music licensing, promotion and publicity, music for film and video production, radio and TV advertising and career options.
BADM-280: Information Mgmt/SQL Programming
Introduces students to the fundamentals of information management using Microsoft Access, Microsoft SQL Server, from simple applications through database programming and Structured Query Language. This course includes an analysis and evaluation of social and ethical issues stemming from the
proliferation of databases. This course is recommended for students planning a career in business and information sciences. Pre-requisite: CMTC-180
BADM 498: Senior Seminar (IBLC)
A capstone course designed to engage IBLC students in a research project dealing with an international business strategy problem that incorporates the international business principles, theories and foreign language skills learned in the IBLC program. The written report shall be translated by the student into the foreign language studied and an oral presentation given in English and foreign language.
BADM 400: Honors (See ACCT 400)
BADM 401: Internship (See ACCT 401)
A capstone course designed to engage IBLC students in a research project dealing with an international business strategy problem that incorporates the international business principles, theories and foreign language skills learned in the IBLC program. The written report shall be translated by the student into the foreign language studied and an oral presentation given in English and foreign language. (See ACCT 400) (See ACCT 401)
ECON 101: Macroeconomic Principles (B)
A study of the fundamental determinants of economic activity, measurement and determination of national output and income, employment, inflation, interest rates, money supply, and growth of output and income. Monetary, banking and fiscal institutions are considered in relation to their role in contemporary public policies designed to cope with problems on a macro economic level. Prerequisite: Fulfillment of the Math Proficiency requirement (Level 1) or completion of MATH 122; and BADM 104 or ACCT 103.
ECON 102: Microeconomic Principles (B, P)
A study of the principles underlying the functioning of individual economic units such as consumers, households, firms and industries. Focuses on the determination of the price of products and productive inputs in the framework of a capitalist economy. Prerequisite: Fulfillment of the Math Proficiency requirement (Level 1) or completion of MATH 122; Recommended: MATH 201; and BADM 104 or ACCT 103, ECON 101
ECON 109: Environmental Economics (B)
A study of the application of economic principles to the development and management of environmental resources. The course will begin with an examination of the methods of economic analysis. Environmental economic policies and its national and global applications will be discussed in detail. Prerequisite: ECON 102; recommended: MATH 201 or by permission of instructor.
ECON 201: Principles of Finance: Money and Banking (B, P)
An investigation of the role played by money and financial institutions, such as the Federal Reserve System, in the functioning of the US economy. Emphasizes the implementation of monetary policy via the financial system to achieve economic stabilization. Pre-requisite: ECON 101.
ECONU 211 :Introduction to Global Economics (B)
An introduction to the international economy. Topics include international trade theories, trade policies and their effects, regionalism and multilateralism, an introduction to international finance, balance of payments and foreign exchange markets, exchange-rate systems, arbitrage, purchasing power and interest rate parities, international financial institutions, and contemporary global economic issues. Prerequisite: BADM 101, ECON 102; recommended: MATH 201.
ECON 301: Intermediate Microeconomic Theory
Determination of prices in terms of the equilibrium of the firm and consumer choice in markets of varying degrees of competition; analysis of market structure, determination of wages, rent, interest and profits. Other topics include demand estimation, forecasting, and market regulation. Prerequisites: ECON 101; ECON 102; Recommended: MATH 202; MATH 225.
ECON 312: History of Economic Thought
A historical and analytical study of major developments in economics through the contribution of major schools and economists. Topics include: mercantilism, classical economics, Marxian economics, marginalism, neoclassical economics, Keynesian and post-Keynesian economics. Prerequisites: ECON 101, and ECON 102.
MGMT 105: Principles of Management
The course description is to read “This course focuses on the modern views of management theory and skills necessary to be an effective manager and competent leader in a changing environment. Areas covered, include strategic and operational planning, decision-making, organizing, successful delegation, controlling, human resources, communication, leadership and motivation. Additional areas covered include corporate social responsibility, ethics, managing diversity, building work teams, and the possibilities opened up for managers by new technology. Recommended prerequisite: BADM 104
MGMT 204: Organization and Management of Human Resources (B)
An in-depth examination of organizational behavior as it relates to the management of individuals and groups at work. Emphasizes individual motivation and the organization system with its own design, policies, ethics, and culture. Investigates management techniques and their impact on employees at work. Prerequisites: BADM 101 or BADM 104
MGMT 205: Project Management
Provides an introduction to the systems approach to the management of complex tasks or projects whose objectives are explicitly stated in terms of time, cost and performance parameters. The key elements addressed include: scope, schedule, budget, quality, human resources, communications, risk and procurement. The course will review how these elements fit into a project management plan, as well as how they are executed and controlled. Pre-requisites:
BADM-104, ECON-101, and MATH-201.
MGMT 206: Purchasing/Supply Chain Management
Explores the traditional purchasing function as it has evolved from a narrowly defined activity into a professional supply management function driven by technology and people. The student will be expected to apply theory to solving problems relating to the basic concepts of purchasing, materials and supply management, cost analysis and negotiation strategies, capital acquisition process, and professional services procurement. Other areas to be covered include: legal aspects of purchasing, materials management, inventory management, Just-in-Time Purchasing, E-purchasing, supplier selection and evaluation, global sourcing, supply chain power, Total Quality Management (TQM), price determination, equipment acquisition and disposal, and procuring professional services. Pre-Requisites: BADM-101 or BADM-104; ECON-102, and ACCT-104.
MGMT 300: Operations Management
Through lectures and case studies the student will learn how the following key elements fit into operation management plans: work-force management and productivity, project management, forecasting, product design, quality assurance, process strategy, capacity determination, plant location/layout strategies, inventory control, quantitative models used in solving management problems will also be examined. Prerequisite: MATH 201; recommended: MATH 225.
MGMT 302: Enrtepreneurship
This course is designed to introduce the student to the entrepreneurial process. Changes in technology and consumer behavior have generated numerous small business opportuities. Services cannot be massproduced, and entrepreneurs have established business to serve the consumer on an individual basis the course combines traditional classroom activities with hands-on activities in order to provide the student with a foundation that is both conceptual and practical. this foundation can facilitate the practice of entrepreneurship in new ventures. Junior and Senior Business Majors Only. Prerequesites ACCT 104; MATH 201; recommended: MATH 225.
MGMT 303: Strategic Management
This course is designed to give the student a basic understanding of the planning, organization and management of an enterprise. This will be achieved through the use of case studies and insights into operational functions and decisions of management. The course includes a study of the characteristics of strategic decision-making, as applied to the basic organizational functions of operations, marketing and finance. Junior and Senior Business Majors only. Prerequisites: ACCT 104, MATH 201; recommended: MATH 225
MGMT 304: Culture in International Business Decision-Making
Management theory and practice are used to develop the skills necessary to design and implement global strategies, to conduct effective cross-national interactions and to manage daily global operations. The student is placed in the role of a manager of any nationality, and is expected to take a global perspective in dealing with dynamic management issues in both foreign and diverse host environments. Cross-cultural management and competitive strategy are evaluated in the context of global changes. The course will emphasize how the variable of culture interacts with other national and international factors to affect managerial processes and behaviors. Case studies and term project report will be assigned.
Prerequisite: BADM 101
MKTG 203: Marketing Principles (B)
Examines environmental variables marketing managers should consider before designing strategy with emphasis on buyer characteristics and competitive activity. Marketing strategy options are considered for product, distribution, pricing, and promotion.
MKTG 205: Consumer Behavior (B)
Explores psychological and sociological variables marketing managers should examine in order to understand the needs of potential buyers including motivation for purchase, attitudes and values, cultural background, and social class. Analyzes the adjustment of marketing strategy to satisfy needs of different market segments.
MKTG 206: International Marketing (B)
Studies foreign economic, political and social environments to understand potential modifications to domestic product, price, promotion and distribution strategy in foreign markets. Selected cases emphasize international marketing successes and failures. Prerequisite: MKTG 203.
MKTG 253: Retailing
Critical analysis of retailing strategy and management with extensive examination of selected and current problems unique to the retailing sector of the economy.
MKTG 254: Advertising (B)
Covers advertising objectives, research, creative message execution, media selection, legal and ethical requirements and budgeting. Prerequisite: MKTG 203
MKTG 255: Public Relations (See COMM 255)
Study of principles and techniques used in communication between an organization and any individual or audience. Examines media and press releases, promotions and trade shows, community and customer relations. Students plan and present a public relations campaign.
MKTG 256: Personal Selling and Sales Force Management
An analysis of the components of an effective sales presentation and strategy decisions faced by sales managers including recruiting, training, motivating, supervising, and evaluating sales personnel.
MKTG 365: Marketing Management
Options in product, distribution, pricing, and promotion strategy are considered in response to the needs of different market segments and competitive conditions. Sales and cost data are evaluated using case analysis. Prerequisite: MKTG 203.
MKTG 310: Marketing Research
Applies the scientific method, (i.e., problem definition, hypothesis formation, data collection and analysis), to marketing decision making. Students conduct a marketing research study and present their findings. Prerequisites: MKTG 203, MATH 225, and MATH 226.
MKTG 400: Honors (See ACCT 400)
MKTG 401: Internship (See ACCT 401)
FINA 181: Introduction to Investments and Securities Markets (B)
Introduction to the stock market, its regulations and operations. Some attention is given to other negotiable instruments and their markets.
FINA 201: Principles of Finance: Money and Banking (B, P)
An investigation of the role played by money and financial institutions, such as the Federal Reserve System, in the functioning of the US economy. Emphasizes the implementation of monetary policy via the financial system to achieve economic stabilization. Prerequisite: ECON 101.
FINA 304: Corporate Finance (B)
A study of the trade-off between risk and return, time value of money, valuation of stocks and bonds, cash flow analysis, calculation of additional fund needs for a venture, cost of capital, as well as decisions related to the uses of alternate sources of funds. Prerequisites: ACCT 104, FINA 201 and MATH 201.
FINA 336: Financial Markets and Institutions
Financial markets and institutions, organization, structure, and regulation of financial markets will be studied. Functions of intermediaries, nature and role of interest rates, term structure and forecasting, the impact of regulation on financial markets, and current developments in the financial system are among the topics discussed. Prerequisite: FINA 201.
FINA 352: International Financial Management
The financial operation of multinational corporations and financial institutions with an emphasis on the international financial environment, foreign exchange and risk management, multinational working capital management, foreign investment analysis, financing foreign operations and international banking. Prerequisites: BADM 101, ECON 211; Recommended: FINA 201.