Course Descriptions

This course is an introduction to the fundamental concepts of financial accounting as prescribed by U.S. generally accepted accounting principles (GAAP) as applied to transactions and events that affect business organizations. Students will examine the procedures and systems to accumulate, analyze, measure, and record financial transactions. Students will use recorded financial information to prepare a balance sheet, income statement, statement of cash flows, and statement of shareholders’ equity to communicate the business entity’s results of operations and financial position to users of financial information who are external to the company. Students will study the nature of assets, liabilities, and owners’ equity while learning to use reported financial information for purposes of making decisions about the company. Students will be exposed to International Financial Reporting Standards (IFRS).

This course is an introduction to the fundamental concepts of managerial accounting appropriate for all organizations. Students will study information from the entity's accounting system relevant to decisions made by internal managers, as distinguished from information relevant to users who are external to the company. The emphasis is on the identification and assignment of product costs, operational budgeting and planning, cost control, and management decision making. Topics include product costing methodologies, cost behavior, operational and capital budgeting, and performance evaluation.

Prerequisite: ACC 2311

This course is designed to familiarize the student with the basic principles, technologies, tools, roles, and management issues involved with the application of information technology; to provide a meaningful team experience working with real-world or simulated clients to successfully analyze information requirements to support an organization’s mission and develop an information system to support those requirements; to provide the opportunity to use microcomputer personal productivity tools to develop business analyses, proposals and other products; to improve business writing and presentation skills; to enable students to continue their own education in areas of information systems technology and applications that may be relevant to their own career success.

Prerequisite: COMP 1301

Macroeconomic theories provide simplified descriptions of the national economic system. Theories include the Circular Flow Model, Theory of Comparative Cost Advantage, Theory of Aggregate Demand and Aggregate Supply, and Supply-Side Economics. Graphing skills as a “language” used to communicate theories. Students develop skills in using theories to understand and critique Federal fiscal and monetary policy. Other topics include international trade, economic growth, business cycles, and fiscal policy and monetary policy.

Analysis of the behavior of individual economic agents, including consumer behavior and demand, producer behavior and supply, price and output decisions by firms under various market structures, factor markets, market failures, and international trade. Market theory includes demand, supply, price/quantity equilibrium, and changes in equilibrium. Elasticity of demand. Efficiency, distribution and production costs. Market structures include Pure Competition and Monopoly, and an evaluation of their effects on society taking into account both efficiency and distribution. Resource markets include wage determination.

Prerequisite: ECN 2301

The course provides the student with foundational information about the U.S. legal system and dispute resolution, and their impact on business. The major content areas will include general principles of law, the relationship of business and the U.S. Constitution, state and federal legal systems, the relationship between law and ethics, contracts, sales, torts, agency law, intellectual property, and business law in the global context.

Basic financial concepts employed by management. Emphasis is on the decision-making processes followed by corporate financial managers. Students will understand and apply the topics include the time value of money, financial planning, capital budgeting, cost of capital. The course is designed to introduce students to theories and practices of financial management, specifically: analyzing financial statements, time value of money, stock and bond valuations, and capital budgeting.

Prerequisites: ACCT 2312, ECN 2301, ECN 2302 and MATH 1304

Analysis of business opportunities and political climates, trade barriers, government incentives, currency flow and financial systems and trade practices. Emphasis on current issues and readings. This course is designed to develop the skills and awareness necessary to understand the basic concepts of international business. The students will be exposed to a wide variety of international trade activities from both the entrepreneurial and multinational corporate points of view.

Prerequisites: ECN 2302 and MGT 3340

Introduction to the theories, concepts and functions of management. Topics include planning, organizing, leading, staffing, controlling, business and managerial ethics and decision making. Management concepts will be applied by analysis of available data and by seeking contemporary opportunities, issues and problem situations.

Introductory course providing comprehensive coverage of marketing concepts and strategies A managerial approach is used that focuses on the practices, problems and decisions of the marketing manager. The course introduces students to the internal and external environment, market structures, and changes in the marketing environment that affect other business functions.

Statistical Analysis of Business is as an introduction to statistical methodology, such as descriptive statistics, probability distributions, confidence intervals, and hypothesis testing. The course utilizes mathematical and statistical techniques in the analysis of managerial problems, the design of new and improved systems, and the implementation of results.

Prerequisites: COMP 1301 and MATH 1304 or equivalent

Models of Management Science is an introduction and application of Management Science models used in the analysis of operational process. Course topics include: Optimization Models, Forecasting, Markov Analysis, Decision Theory, PERT/CPM Models, Inventory Analysis, and Queue Theory.

Prerequisites: COMP 1301, MATH 1304 or equivalent, and MSC 3370

Capstone course designed to prepare students for the rigorous examinations of their ability to apply their undergraduate education across the entire spectrum of business management and decision making. Students are introduced to the analytical process required to develop strategic options for the decision-making in each of the functional area of business.

Prerequisites: ACC, 2311 ACC 2312, BIS 2321, ECN 2301, ECN 2302, MSC 3370, MSC 3371, GLB 3331, BLW 3317, MKT 3331, MGT 3340, and FIN 3321