Business Administration and Ethics

Interdisciplinary Major

(B.S. degree) Twenty-four hours in the Department of Business Administration and Economics including ECO 221, 223, BUA 210, 211, 326, 330, 357 and three hours from the following: BUA 335, 353, 367, 377, 450 or ECO 425; and twenty-four hours in the Department of Philosophy including PHI 151, 152, 201, 203, 325, 335, 440, or 450 and one additional PHI elective; plus twelve allied hours from the following: COMM 312, 315; SOC 217, 319; POS 319, 407; PSY 260; CSC 114; BIO 256; HIS 430, 432. Total hours required: 60. (No minor is required.)

Course Offerings

210. Principles of Accounting I. (3 hours) This is a sequence course. It deals with the accounting policies, procedures, theories, and practices of merchandising and service concerns. Emphasis will be placed on the accounting cycle, balance sheet, income statement partnerships and the Generally Accepted Accounting Principles (GAAP). Achieving proficiency in Excel Spreadsheet is a course requirement. Fall and Spring

211. Principles of Accounting II. (3 hours) This is a continuation of BUA 210. Emphasis will be placed on the analysis of long-term liabilities and shareholder’s equity, corporations, analysis of financial statements, taxes, and managerial and cost accounting for decision making. Prerequisite: BUA 210 and proficiency in Excel spreadsheet. Fall and Spring

300. Accounting/Management Information Systems. (3 hours) A study of the design of accounting information systems, including flowcharting, understanding specific accounting subsystems, using computerized accounting packages, and studying advanced spreadsheet applications. Prerequisites: BUA 211 and proficiency in Excel spreadsheet.  Fall

310. Intermediate Accounting I. (3 hours) Review of the basic financial accounting process, the income statement, and the balance sheet. Topics covered in depth include accounting applications of time value of money and accounting for current assets, property, plant and equipment, and intangible assets. Prerequisite: BUA 211.  Fall

311. Intermediate Accounting II. (3 hours) Continuation of BUA 310, including a study of current liabilities, accounting for long-term debt, stockholder equity, retained earnings, investments, revenue recognition, earnings per share, error analysis, statement of cash flows, and current value/constant dollar accounting. Prerequisite: BUA 310. Spring

318. Cost Accounting. (3 hours) Business cost accounting, special records and cost statistics and application to particular business organizations. Prerequisites: BUA 211, MAT 121 or 109, MAT 111. Fall

326. Contemporary Marketing. (3 hours) Current techniques of marketing including electronic commerce; addresses fundamental problems in producing, pricing, distributing and purchasing a product. Prerequisites: BUA 211, ECO 221, ECO 223, ENG 112, and either COMM 115 or demonstrated Power Point proficiency. Fall and Spring

330. Business Law. (3 hours) Principles of contracts, negotiable instruments, sales, bailments, real property, and personal property. Prerequisite: Junior standing. Fall and Spring

335. Principles of Finance. (3 hours) A study of the financial evaluation of interest, the time value of money, valuation of stocks & bonds, risk & return analysis, balance sheet analysis and capital budgeting techniques. Prerequisites: BUA 211, MAT 109 or 121, MAT 111, and ECO 221. Fall and Spring

336. Quantitative Business Methods. (3 hours) Quantitative analysis in support of managerial decision making, the modeling process, linear programming, simulation, decision theory, regression models, Q-Theory, and PERT. Prerequisites: MAT 109 or 121, MAT 111, BUA 211, ECO 223. Even Falls

340. Corporate Finance. (3 hours) Study of corporations, corporate combinations, and how they are financed. Particular emphasis given to major functions of departments, issuance of securities, managing corporate income, and taxation of corporations. Prerequisite: BUA 335. Odd Springs

342. Investments. (3 hours) Investigation of various investments. Primary emphasis on financial assets such as stocks, bonds, real estate, and insurance. Study of financial markets. Prerequisite: BUA 335. Fall

346. Marketing Research. (3 hours) A study of the applications of research in marketing decisions. Provides students with knowledge of marketing data and its use in decision making. Prerequisites: BUA 326, MAT 111, MAT 109 or 121.  Spring

353. International Business Operations. (3 hours) A comprehensive course covering the internal and external environmental forces and their influence in all of the functional areas of the international firm. Topics include finance, management, marketing, production, and the multinational’s ethical responsibility to the host country. Also considered are cultural, political, and legal constraints which affect international business operations. Prerequisites: ECO 221, ECO 223, BUA 211. Fall and Spring

355. Retail and Industrial Marketing. (3 hours) A survey of the retail function as it applies to marketing theory. Examination of methods of interpreting consumer demand, overview of the buying, store management, and operation functions. Familiarizes students with product development. Emphasis on differentiating industrial buyer decision processes, exploring industrial buyer behavior and managing the overall marketing program for the industrial products firm. Prerequisite: BUA 326.  Even Falls

357. Current Issues in Management. (3 hours) Planning, organizing, leading, and controlling as discussed in current popular management literature. Prerequisites: BUA 211, ECO 221, ECO 223, ENG 112, and either COMM 115 or demonstrated Power Point proficiency. Fall and Spring

363. International Finance. (3 hours) Financing corporate enterprise in a world business environment. Examines the theory of international financial adjustments, the functions of financial institutions and the financing of trade. Evaluating foreign exchange markets, management of currency exposure, estimating country debt- servicing capacity and external debt financing problems. Prerequisites: BUS 335, BUA 353.  Even Springs

367. Human Resource Management. (3 hours) Process and practices in human resource management including law, manpower planning, employee selection, development, motivation, performance, appraisal, compensation and union relations. Instructional method provides for case method, laboratory exercises and small group discussion. Prerequisite: BUA 357.  Even Springs

377. Organizational Behavior. (3 hours) The study of individual and group behavior in organizations. Identification and application of behavioral science research theories and methods. Motivation, interpersonal and intergroup relations, communications, group dynamics, norms, leadership, power, conflict, values, task characteristics, formal managerial controls, and the process of organizational decision making. Prerequisite: BUA 357. Fall

413. Principles of Auditing. (3 hours) A study of the generally accepted auditing standards and their application by auditors. Prerequisite: BUA 300 and 311. Spring

415. Income Tax Accounting. (3 hours) Federal Income tax laws relating to both personal and corporate income; preparation and filing of returns. Prerequisite: Senior standing and consent of instructor. Fall

423. International Marketing. (3 hours) Environmental factors affecting world marketing management. Methods applied to estimate market potential and to select pricing and distribution strategies, communications to serve foreign markets, methods to serve the markets, management of marketing functions, and financing analyzed via case studies. Prerequisites: BUA 353, either BUA 326 or CLC 319. Odd Falls

440. Independent Study. (1-3 hours) Fall and Spring

443. International Management. (3 hours) The principles and special problems of management in an international context, dealing with both the parent company and the foreign affiliates. Emphasis on differences between domestic vs. international business situations in administration, marketing, finance, production, and personnel. Prerequisites: BUA 353, BUA 357. Odd Springs

450. Business Policy and Strategic Planning. (3 hours) Examination of the business enterprise as a total system in a total environment. Analysis and evaluation of the problems, opportunities, and ethical responsibilities which face a chief executive. Emphasis on formulation and implementation of various strategies. Extensive use of case problem analysis. Prerequisites: BUA 326, BUA 335, BUA 353, and BUA 357; this course should be taken as the capstone (last course) in the student’s program of study. Fall and Spring

460. Internship. (1-3 hours) Fall and Spring

470. Special Topics in Business. (3 hours) Fall and Spring

Economics Courses — (ECO)

221. Principles of Macroeconomics. (3 hours) A study of national income determination, commercial and central banking, money, monetary policy, fiscal policy, economic growth, and the economics of trade and exchange rates. Some knowledge of basic mathematics and algebra as well as the ability to understand and interpret economic data is desirable. This course is not a prerequisite for Principles of Microeconomics 223. Fall and Spring

223. Principles of Microeconomics. (3 hours) The study of markets, supply and demand, value distribution, business organization, market structure, and selected problems in microeconomics. Some basic mathematics and facility with graphs are necessary. Principles of Microeconomics 223 may be taken before Principles of Macroeconomics 221.  Fall and Spring

304. Regression Analysis in Business and Economics. (3 hours) Application of elementary econometric procedures and statistical inference as used in business and economics. Prerequisites: ECO 221, ECO 223, MAT 111. Odd Falls

311. Intermediate Macroeconomic Theory. (3 hours) Examination of determinants of aggregate income, the price level, and employment; the role of policy in influencing aggregate economic activity. Prerequisites: ECO 221 and 223; MAT 109 or 121 Spring

313. Intermediate Microeconomic Theory. (3 hours) Price theory, including analysis of consumer behavior, production costs, and firm behavior. Prerequisites: ECO 221 and 223; MAT 109 or 121  Fall

317. Economic History of the United States. (3 hours) American economic development from colonial times to Great Depression; economic analysis of impact of colonial system, free banking, and slavery; identification of major sources of economic growth. Prerequisites: ECO 221 and 223 or consent of instructor. Odd Springs

324. Economics and Managerial Decision Making. (3 hours) The application and extension of microeconomics to the problems and decisions of business firms relating to output and pricing policy. Prerequisites: ECO 223, MAT 109 or 121, MAT 111. Fall

337. Environmental Economics. (3 hours) Economic principles applied to environmental quality and resource utilization; origins of and approaches to environmental problems. Prerequisites: ECO 221 and 223 or consent of instructor.  Even Falls

355. Public Finance. (3 hours) Institutional and theoretical perspectives of the role of government as an economic agent; impact of tax policy and spending programs within a market economy. Prerequisites: ECO 221 and 223 or consent of instructor. Even Springs

405. Government Regulation of Business. (3 hours) Application of the economic theory of industries and markets to government regulation; topics include legal foundations and economic impact of market regulation, antitrust policy, competitive practices, monopolies, and workplace safety. Prerequisites: ECO 221 and 223. Odd Falls

410. International Economics. (3 hours) Causes and consequences of international flow of goods, services, and money; topics include trade incentives, trade regulation, and foreign exchange markets. Prerequisites: ECO 221 and 223. Odd Springs

425. Financial Institutions and Monetary Economics. (3 hours) A study of banks and other institutions and their relationship to money and credit and their impact on financing business firms. Prerequisites: ECO 221 & 223, BUA 211. Even Springs

440. Independent Study. (1-3 hours) Fall and Spring

450. Senior Seminar in Economics. (3 hours) Examination and analysis of a current policy issue; capstone experience. Prerequisites: ECO 311 and 313; MAT 111.  Spring



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