213 - Principles of ManagementAn introductory study of the basic management principles and functions as well as the fundamental analytical management tools. The course examines the role of the manager and creates an awareness that any organization's ability to perceive and adapt to change rests with its management. In this respect, a contingency view of management theory and practice will be presented. Not open to freshmen. Prerequisites: ECON 201-202 or 203-202 are highly recommended. Speaking intensive. Three hours. Mr. Lowry.
221 - Accounting IAn introduction to accounting practices and principles including preparation of work sheets and financial statements from journals and ledgers. Students should plan to continue with BUSN 222 and should expect to complete many time-consuming homework assignments. Students should be able to prepare proper financial statements from records and work sheets. Not open to freshmen. Three hours. Ms. Staples or Mr. Woodward.
222 - Accounting IIA continuation of BUSN 221. Major topics include corporation organization and stockholders' equity, corporation operations to include earnings per share and dividends, partnerships, income taxes, and cost accounting systems. As in BUSN 221, primary focus is on theoretical concepts and the procedures for gathering and reporting business financial data. Not open to freshmen. Prerequisite: BUSN 221. Three hours. Ms. Staples or Mr. Woodward.
226 - Business LawAn introduction to basic legal concepts applicable to ordinary commercial transactions with emphasis on the uniform commercial code as it relates to contracts, agencies, and the several related types of business organizations. Students are expected to develop the ability to read legal cases and abstract the essential legal precedents for establishing responsibility. Not open to Freshmen. Three hours. Mr. Martin or Mr. Paul.
310 - International Business ConceptsA study of the various environmental forces that affect business decisions in the international market. Topics include international trade, monetary systems, and foreign social and political forces. Methodological concepts are presented in order to effectively analyze these topics. Three hours. Staff.
313 - Organizational Behavior/Organizational PsychologyThis course applies psychological and organizational theories, models, and research toward developing managerial competencies needed to analyze, understand, predict, and guide individual, group, and organizational behavior. Emphasis is placed on viewing the organization as a social phenomenon. Specific topic areas include: group dynamics, communication, conflict and negotiation, motivation, leadership, and organizational culture. Prerequisite: BUSN 213 or PSYC 200. Same as PSYC 285. Three hours. Staff.
321 - Intermediate Accounting IAn intensive study of the generally accepted accounting principles for asset valuation, income measurement, financial statement presentation for business organizations, and the process through which these principles evolve. Prerequisites: BUSN 221-222. Three hours. Ms. Staples.
322 - Intermediate Accounting IIA continuation of BUSN 321, with emphasis on accounting for the equities of a firm's investors and creditors. Special problem areas in financial accounting include accounting for leases, pensions, and income taxes. Prerequisites: BUSN 221-222, 321. Three hours. Ms. Staples.
336 - Financial ManagementAn introduction to the major concepts and principles in corporation finance. Emphasis is placed on an analysis of the acquisition of funds from alternative sources and the allocation of those funds within an enterprise. Major topics include taxation, financial analysis and planning, working-capital management, capital budgeting and capital structure, and financial instruments and markets. Prerequisites: BUSN 213, 221-222, MATH 111 (or 113), ECON 202. Three hours. Mr. Lowry.
342 - Production and Operations ManagementA course that examines the role of a productions manager responsible for planning, organizing, and controlling the conversion system of a firm. Models are used to determine factory layouts, job designs, and production schedules as well as to monitor inventory and production quality requirements. Included also is a discussion of the behavioral dimensions within production operations and an analysis of the interrelationships of the production function with other business functions. Prerequisite: BUSN 213, MATH 111 (or 113). Computer intensive. Offered alternate years. Three hours. Mr. Lowry.
362 - Cost AccountingA course that centers on managerial planning and control functions, mainly in the context of a manufacturing organization. The scope of the material covered includes cost accumulation methods; the reporting and departmentalization of factory overhead for product costing and cost control; the planning of sales, costs, and profits; and analytical techniques of budgeting. Prerequisites: BUSN 221-222 or permission of the instructor. Three hours. Mr. Woodward.
367 - AuditingA study of auditing standards and procedures. Major topics include professional auditing standards, audit reports, ethics, legal requirements, audit programs, working papers, and internal controls. Prerequisites: BUSN 221-222 or permission of the instructor. Three hours. Mr. Woodward.
370 - International FinanceThis course studies international monetary and financial relationships at both the country level and the level of the firm. In today's interdependent world, a knowledge of finance at the international level has become an important component in the education of the next generation of economists and business people. Topics covered include exchange rates, international capital markets, monetary arrangements, foreign exchange risk, and interest rate policy. Prerequisites: ECON 201-202. Three hours. Mr. Lowry.
372 - Tax AccountingA study of taxation with primary emphasis on the theory, structure, measurement, and significance of the federal income tax insofar as it affects the decision-making process of households and businesses. Attention is also paid to the development of tax planning techniques and to the issues surrounding tax compliance problems. Prerequisites: BUSN 221-222 or permission of the instructor. Three hours. Mr. Woodward.
375 - Government and Not-for-Profit AccountingThis course studies the role of accounting in the management of resources entrusted to government and not-for-profit entities, including accounting and reporting standards of accounting in municipalities and not-for-profit entities such as hospitals, charitable and health organizations, and colleges and universities. Prerequisites: BUSN 221-222. Offered alternate years. Three hours. Ms. Staples.
380 - Marketing AnalysisA study of the structure and functions of the systems of marketing and an analysis of the performance of the various kinds of marketing techniques. Students will be expected to make a primary analysis of basic marketing problems and offer some solutions. Prerequisite: BUSN 213. Three hours. Staff.
421 - Advanced AccountingThe study of complex financial accounting issues including leases, pensions, business combinations, consolidated financial statements, and partnerships. Prerequisites: BUSN 221-222, 321 and ECON 201/203-202. Counts on the major and minor in accounting and the econ/business major Offered alternate years. Three hours. Ms. Staples.
422 - Operations ResearchA course designed to acquaint the student with the application of modern quantitative techniques to the analysis of corporate decisions. Among the quantitative techniques applied are linear programming, integer programming, simulation, queuing techniques, and network models. The use of the college's computers will be an integral part of this course. Prerequisite: BUSN 213. Computer intensive. Offered alternate years. Three hours. Mr. Lowry.
425 - Business PolicyA capstone course affording students an opportunity to tie together their exposure to the concepts embodied in economics, marketing, finance, management theory, and the behavioral and social sciences and to develop an understanding of how these concepts can be incorporated into real-world situations within an organization. Attention is focused on the strategic planning and policy making functions. Prerequisites: BUSN 213, 221, 380. Open to seniors only. Three hours. Staff.
436 - Investments and Securities AnalysisThis course provides an in-depth study of investments, securities analysis, and portfolio management. Through a rigorous and comprehensive review of a variety of empirical studies, students will explore the modern developments in this relevant area of financial theory. Following background development, topics of study will include capital market theory and efficiency, valuation of pricing and portfolio theory, and financial derivatives. Prerequisite: BUSN 336. Offered alternate years. Three hours. Mr. Lowry.
450-451 - Internship in BusinessThe course provides an opportunity for students to gain practical experience in the field of economics and business using the principles, concepts, and methodology covered in regular course offerings. Students may serve as interns in such places as banks and other depository institutions, manufacturing firms, brokerage houses, and government agencies. Emphasis is placed on the idea of learning while in a work environment � not on working for its own sake. Prerequisites: Departmental approval, junior or senior status and at least a 2.25 GPA. Application required; see page 43. Three hours. Staff.
452 - Internship in AccountingThis course provides an opportunity for students to gain practical experience in the field of accounting by using the principles, concepts and methods covered in regular course offerings. The students will serve as interns in organizational settings where accounting practices and principles are routinely performed. Prerequisites: BUSN 321 plus one accounting elective, departmental approval, junior or senior status, and at least a 2.25 GPA. Priority will be given to students with a major or minor in accounting. Application required; see page 43. Offered every January. Three hours. Staff.
481-482 - Selected Topics in BusinessThis course is designed to investigate a field of specialized analysis in business. The topics considered will change with each offering. Prerequisites: ECON 201-202 or 203-202 and BUSN 213. Offered as needed. Three hours. Staff.
491-492 - Senior Independent StudySee ECON 491-492. At least a 3.25 cumulative GPA and approval by the Curriculum Committee are required.
IBUS2201 - Fundamentals of International BusinessThe first half of the course depicts the economic background to transnational business, including international trade, exchange rates, and sources of capital. In the second half, operational aspects of multinational corporations are considered and strategies for maximizing opportunities and minimizing risks in international business are outlined. Students may receive credit for either this course or BUSN 310, but not for both. Three hours.