ACCOUNTING COURSES

AC 224 Financial Accounting (3)
The study of accounting as a means of communicating financial informa- tion about the activities of business enterprises. Emphasis is placed on concepts and principles underlying the measurement of income and financial position and how this information may be used to evaluate the progress of a firm. Not recom- mended for the freshman year. Prerequisites: EN 101, MA 104 or higher, and 24 hours, or consent of instructor.

AC 225 Managerial Accounting (3)
The development and use of information in the accounting system as a management decision tool. Prerequisites: AC 224, BU 250 or concurrent enrollment, and 24 hours. Not recommended for the freshman year.

AC 321 Intermediate Financial Accounting I (3)
Financial theory and problems. Emphasis is on valuation and mea- surement problems of income determination and balance sheet presentation. Prerequisites: AC 225 and 54 hours.

AC 322 Intermediate Financial Accounting II (3)
A continuation of financial accounting theory and problems. Prerequisites: AC 321 and 54 hours.

AC 325 Cost Accounting (3)
A study of inventory valuation procedures in manufacturing concerns and the processing, analysis and interpretation of data for use by management in the planning and control of operations. Prerequisites: AC 225, BU 250, and 54 hours, or consent.

AC 330 Accounting Systems (3)
The study of the development and design of an accounting system. Emphasis on procedures necessary to meet generally accepted auditing standards and methods and techniques to evaluate internal control of an accounting system. Prerequisites: AC 225, BU 250, and 54 hours.

AC 403 Special Topics in Accounting (1-3)
Selected topics announced in advance. May be taken more than one semester. Prerequisite will be specified for each topic.

AC 404 Independent Study in Accounting (1-3)
Individual study of a topic in accounting. Activity must be supervised by a full-time School of Business faculty member with professorial rank.
Prerequisite: Consent of directing faculty member prior to enrollment.

AC 421 Advanced Financial Accounting (3)
Accounting methods and procedures related to partnerships, branches, business combinations, and foreign exchange. Prerequisite: AC 322.

AC 423 Federal Income Taxation I (3)
Income tax laws, regulations, and procedures pertinent to individual taxpayer reporting.
Prerequisites: AC 225 and 54 hours.

AC 424 Federal Income Taxation II (3)
Income tax laws, regulations, and procedures pertinent to partnership, corporation, and fiduciary reporting.
Prerequisite: AC 423.

AC 425 Auditing (3)
The course covers essential processes of auditing including specific procedures and techniques useable in the public and private sectors. Technical standards of these sectors receive attention with an emphasis on ethics related to the profession of auditing. The course includes operational and compliance auditing in addition to auditing of financial statements. Other content areas are the auditor s role in society, the application of internal control concepts, the understanding of accounting information systems, the methods of statistical sampling and the use of auditing software. Prerequisite: AC 322.

AC 427 Governmental and Institutional Accounting (3)
Methods and procedure used in fund accounting with emphasis on governmental units and not-for-profit organizations. Prerequisites: AC 225 and 54 hours.

AC 428 Fraud Examination (3)
Theory, techniques, methods and procedures for the detection, investigation, and deterrence of fraud. Prerequisites: AC 224 and AC 225, or equivalent, and 54 hours, or permission of instructor.

AC 431 Contemporary Issues in Accounting (3)
Current issues in accounting with emphasis on the releases of the American Institute of Certified Public Accountants and the Financial Accounting Standards Board. Includes accounting theory to solving accounting problems. Prerequisite: AC 322.

AC 499 Internship In Accounting (3)
Professional work experience with a business firm or governmental agency in some phase of public, private, or governmental accounting. The work situation must create a new learning experience for the student. Credit hours in this course may be used only as elective business hours and will not count toward the minimum 62 hours of accounting, business, and economics hours required of the BBA candidate nor will they count toward the minimum twenty-four hours of accounting required of accounting majors. Internship credit hours will be counted in the maximum School of Business hours an accounting major may earn within a 124-hour program. The student s grade will be awarded on a pass-fail basis, as determined by the supervising faculty member. Prerequisites: Consent of the accounting faculty, appropriate academic background, at least 75 semester credit hours, at least a 2.5 overall grade average, and meet the general qualifications specified by the sponsoring business firm or governmental agency.

Back to top.

BUSINESS COURSES

BU 101 Introduction to Business (3)
Designed to introduce the student to the American business system, and to analysis of business organization and operation.

BU 115 Personal Law (3)
A practical examination of legal situations an individual could encounter during his life. Includes individual's rights, insurance, negligence actions, taxes, business situations, buying, etc.

BU 180 Personal Finance (3)
Personal and family financial planning. Topics include: consumer legislation, consumer finance, family budgeting, estate planning, insurance, individual income tax, home buying, mortgages, retirement pensions, and investments.

BU 250 Management Information Systems (3)
Concepts of information systems; analysis, evaluation and implemen- tation of management information systems; data base management; information systems and management. Prerequisite: EN 101, MA 104 or higher, and 24 hours. Recommended for the sophomore year.

BU 260 Small Business Administration (3)
Those aspects of business operation that are unique to the administration of small firms. Concepts and principles of the entrepreneurial function in the small business environment are considered in-depth.

BU 302 Business Communications (3)
Written communications including simpler types of business messages. Emphasis is placed on positive planning for effective human relations through manage- ment messages. Prerequisites: EN 101 or EN 140 with grade of "C" or better, CM 110, or equivalent, CN 150 or CN 241, or equivalent.

BU 315 Legal Environment of Business (3)
Legal process, nature and sources of the law, government regulation and administrative law as they affect business. Prerequisites: EC 202 and 2.0 GPA, and 54 hours.

BU 342 Organization and Management (3)
Decision making, communication and leadership in business organizations. Emphasis is given to the development of management, organizational structures, organiza- tional dynamics, the impact of environmental forces and use of analytical tools in the performance of the management function. Prerequisites: EC 202; two out of three of the following: AN 112, PY 100, and SO 100; 2.0 GPA; and 54 hours.

BU 345 Human Resources Management (3)
The principles and practices of sound employee relations with emphasis upon the selection, development and morale of employees.
Prerequisites: EC 202 and 54 hours.

BU 346 Organizational Behavior (3)
Review of theory and research related to work behavior in organizations with focus on individual and group behavior. Prerequisites: PY 100 or SO 100, and 54 hours.

BU 347 Production and Operations Management (3)
Principles and practices of managing industrial concerns. Consideration is given to plant location, scientific management, standardization and production problems. Prerequisites: BU 250, BU 342, EC 211 (or MA 343), AC 225, 2.0 GPA, and 54 hours.

BU 355 International Business (3)
The global economic and political environment in which international trade and investment activities as conducted by multinational and national business organizations. Examination of the international dimensions of the areas of finance, management, marketing, operations, and business strategy. Prerequisites: AC 224, EC 202, and 54 hours.

BU 360 Principles of Marketing (3)
Marketing concepts and their relevance to organizational objec- tives and methods of operation. Marketing environment, marketing mix, marketing planning, strategy implementation, and assessment of marketing performance. Emphasis on improving marketing perfor- mance in a socially and ethically responsible manner. Prerequisites: EC 202, 2.0 GPA, and 54 hours.

BU 361 Principles of Retailing (3)
Structural organization for retailing and the functional activities in- volved. Principles of site selection, staffing, planning, pricing, buying merchandise, sales promotion and expense management are included.
Prerequisite: BU 360.

BU 362 Marketing Research (3)
Techniques by which industries and individual firms seek to coordinate buying with consumer demand. Application of research techniques to various marketing problems. Prerequisites: BU 360 and EC 211 (or MA 343).

BU 363 Promotion (3)
Examination of the promotion function of the marketing mix. Topics include: promotion strategy; management of the promotion mix (advertising, sales promotion, public relations); media strategy; evaluation. Prerequisite: BU 360.

BU 364 Consumer Behavior (3)
The behavior of buyers of goods and services. An examination will be made of theories, concepts, methods and research findings of other disciplines and a study of the relation of these findings to manage- ment decision making. Industrial and consumer buying behavior will be considered within the context of the course. Prerequisite: BU 360.

BU 366 Sales (3)
A detailed examination of the selling dimension of the promotion mix. Topics include: personal communi- cation; personal selling; relationship- building; and sales strategy and management. Prerequisite: BU 360.

BU 374 Principles of Risk and Insurance (3)
The study of risk and insurance, dealing with the principal risks to which individuals are exposed, and the various means of dealing with risk, including insurance, risk retention, self-insurance, and loss prevention. Further, it examines the responsibilities and activities for treating risk at three levels: personal and family, employer, and government. Prerequisite: 54 hours.

BU 375 Property and Liability Insurance (3)
An advanced insurance course of current financial, legal and social problems involving property-liability insurance; analysis of legal problems involving insurance coverages, financial aspects, and governmental regulation of the property-liability insurance enterprise, and economic aspects of the insurance industry. Prerequisite: BU 374 or consent.

BU 378 Life Insurance (3)
The problems of and the alternative techniques for the insuring of human life values from the differing viewpoints of the company, the economy, and the consumer. Among the topics covered are: financial needs in the life cycle of the family, settlement options and the programming elements of business insurance, estate planning, probability theory mortality, rating and reserves. Prerequisite: BU 374 or consent.

BU 381 Business Finance (3)
Theory and techniques of financial management, designed to provide the basic financial background needed by students in business, economics, or related fields. Topics include: capital budgeting, capital structure, dividend policy, the cost of capital, and working capital management. Prerequisites: AC 225, EC 211 (or MA 343, or MA 140 and MA 145), 2.0 GPA, and 54 hours.

BU 387 Credit Management (3)
Principles and procedures involved in mercantile and consumer credit. The organization and operation of a credit department, source of credit information, and collection procedure and policies. Prerequisites: EC 201 and 54 hours.

BU 390 Principles of Real Estate (3)
A course that surveys the many areas of the real estate business and real estate investment. Financing, appraisal, loan closing, marketing, property management, land description, title transfer and other topics are included in the course. Prerequisite: 54 hours.

BU 392 Real Estate Law (3)
Elements of property laws, purchase contracts, listing agreements, estates and trusts. Prerequisite: BU 315.

BU 393 Real Estate Appraisal (3)
An introduction to real estate appraising including the market comparison, cost and income approaches to value with emphasis on house appraisal.
Prerequisite: 54 hours.

BU 403 Special Topics in Business (1-3)
Selected topics announced in advanced. May be taken more than one semester. Prerequisites will be specified for each topic.

BU 404 Independent Study in Business (1-3)
Individual study of a topic in business. Activity must be supervised by a full-time School of Business faculty member with professorial rank.
Prerequisite: Consent of directing faculty member prior to enrollment.

BU 405 Honors Research in Business (2-4)
Restricted to those students seeking to qualify for honors in the major field and designed to provide an intellectual challenge for superior students with a strong interest in scholarship. Course activity must be supervised by a member of the full-time School of Business faculty with professorial rank. Prerequisites: 88 hours and consent of instructor.

BU 416 Commercial Transactions (3)
Commercial law in the area of the Uniform Commercial Code, suretyship, insurance, professional responsibilities, etc.
Prerequisite: BU 315.

BU 417 Legal Business Associations (3)
Examination of the law of agency, partnerships, corporations, and security regulations.
Prerequisite: BU 315 recommended.

BU 449 Strategic Management (3)
Integrate the functional areas of business in formulating and implementing basic policy for business. Analytical approach to strategic decisions applied to practical examples of problems faced by business firms. May not be taken for graduate credit.
Prerequisites: BU 342, BU 360, BU 381, 2.0 GPA, 88 hours, and admission to the School of Business.

BU 460-461 Small Business Institute (3)
Student groups counsel and consult with small business firms selected by the Small Business Administration and the instructor. Field work with the firms provides opportunities to identify and analyze problems, and to make recommen- dations. Prerequisites: Senior business major and consent of instructor.

BU 466 International Marketing (3)
Analysis of marketing management problems, techniques and strategies in international marketing; emphasizing changes in competition and market structure abroad. Prerequisite: BU 360.

BU 471 Marketing Management (3)
Examination of the strategic marketing management process - planning, implementation, and control. Topics include: environ- mental, competitor, and customer analysis; market targeting; the marketing mix; and the international aspects of marketing management. Case analysis and marketing models are used. Prerequisites: BU 360 and 88 hours.

BU 473 Marketing Channels (3)
The distribution function of the marketing mix. Topics include: channel structure and function; strategic channel development; channel management and logistics; direct channels, service channels, franchising, and international distribution channels.
Prerequisite: BU 360.

BU 475 Theory of Insurance (3)
The nature and cost of risk in our economic society, and of the methods of handling it.
Prerequisite: BU 375 or consent of instructor.

BU 477 International Finance (3)
The financial management of a multinational business enterprise. Develops strategies for investing internationally, including hedging exchange rate risk, adjusting to client preferences and home currencies, evaluating performance, estimating a corporation's exposure to real exchange rate risk, strategies to hedge risk or to dynamically adjust to shocks, and reasons for a corporation to hedge. Also covers international capital budgeting, multinational transfer pricing, and international cash management. Prerequisites: BU 381, or equivalent (assumes accounting and statistics).

BU 483 Investments (3)
The theory and techniques of financial asset analysis including the fundamental, technical, and efficient market approaches. The course is designed to provide background needed by individuals (regardless of major) to make investment decisions. Topics include: market mechanism, mutual funds, the yield curve, fundamental common stock analysis, and portfolio theory. Prerequisites: BU 381 and 54 hours or consent.

BU 488 Financial Management (3)
Specialized skills in corporate financial management are developed through the application of techniques such as linear programming, simulation analysis, and modern decision theory. Problem areas covered include working capital management, capital budgeting, and capital structure.
Prerequisite: BU 381.

BU 491 Real Estate Finance (3)
Methods of financing residential, commercial and industrial properties. The nature of mortgage loans for construction and permanent financing and land development. Sources of funds, lender requirements, and loan and investment yield analysis. Secondary mortgage market financing.
Prerequisite: BU 381.

BU 493 Income Property Appraisal (3)
Techniques and methods used in appraising income properties. Prerequisite: BU 393 or consent.

BU 495 Real Estate Investment (3)
Cash flow and investment return analyses are applied to income-producing properties. The most commonly used methods of yield analysis are used in real estate investment case analysis. Financing, appraisal, taxation, and property rights are applied to apartment and office buildings, rental houses, shopping centers, industrial parks, and other types of properties. The capstone real estate course. Prerequisites: 54 hours.

BU 499 Internship in Business (3)
Professional work experience with a business firm or governmental agency in the following areas of specialization: finance and banking, management, and marketing. The work situation must create a new learning experience for the student. Credit hours may be used only as elective business hours and will not count toward the minimum 62 hours of accounting, business, and economics hours required of the BBA candidate. The student s grade will be awarded on a pass-fail basis, as determined by the supervising faculty member.
Prerequisites: Consent of the major area faculty, appropriate academic background, at least seventy-five (75) semester credit hours, at least a 2.5 overall GPA, and meet the general qualifications specified by the sponsoring business firm or governmental agency.

Back to Top

ECONOMICS COURSES

Courses marked with an * are part of the University's General Education program. Economics courses cannot be used as general education courses by students seeking the BBA.

*EC 100 Introduction To Economics (3)
Factors determining the general levels of employment and inflation are examined as well as an analysis of markets, prices and production. Current economic problems are used to illustrate these concepts. Not open to students who have credit in EC 201 or EC 202. EC 100 may not be used as a substitute for EC 201 or EC 202.

*EC 201 Principles of Macroeconomics (3)
Nature and performance of the American economy considered in the aggregate. Includes an exami- nation of the monetary and banking system and the application of economic theory to the problem of achieving sustainable economic growth, full employment and price stability. Prerequisites: MA 104, or higher, and 24 hours, or consent. Recommended for the sophomore year

*EC 202 Principles of Microecomonics (3)
The market structures of the American economy and the way they function to determine commodity prices, resource allocation and income distribution. Includes study of international trade and finance. Recommended for the sophomore year.
Prerequisite: EC 201, MA 104, or higher, and 24 hours, or consent.

EC 211 Statistics for Business and Economics (3)
The application of descriptive statistics and classical and Bayesian analysis to problems of decision making in business and economics, with special topics in sample survey techniques and regression and correlation analysis. Prerequisite: MA 140 and MA 116 or its equiva- lent with a grade of "C" or better.

EC 300 Microeconomic Analysis (3)
An advanced study and critical appraisal of the concepts of price analysis. The use of these concepts to explain and evaluate the role of the market in the determination of commodity prices, resource allocation, and income distribution. Prerequisites: EC 202, 2.0 GPA, and 54 hours.

EC 301 Macroeconomic Theory (3)
A study of income determina- tion. Classical, Keynesian, Mone- tarist and Supply-side theories are reviewed. International trade and finance are integrated into the macro model. Evaluate policies to promote economic growth without inflation or unemployment. Prerequisites: EC 202, 2.0 GPA and 54 hours.

EC 310 Economic Philosophies (3)
Comparative study of the historical origin, content, and impact of selected schools of economic thought. Emphasis upon tracing evolution of economic theories out of specific historical contexts. Major schools of economic thought from the Greeks through Adam Smith to the present. Prerequisites: EC 202 and 54 hours.

EC 313 Business and Government (3)
History and appraisal from the economic viewpoint of the govern- ment s efforts to regulate and control business activities. Prerequisites: EC 202 and 54 hours.

EC 341 Labor Economics (3)
Labor markets and labor relations in the United States including supply and demand analysis, wage and income determination, discrimination and labor relations.
Prerequisites: EC 202 and 54 hours.

EC 350 Labor Law and Legislation (3)
The statutory, judicial and administrative law pertaining to labor-management relations. Prerequisites: EC 202 and 54 hours.

EC 388 Urban and Regional Economics (3)
The location of economic activity for firms, industries and cities used as a base for considering regional growth and decline and urban economic structure, problems and policies. Prerequisites: EC 202 and 54 hours.

EC 403 Special Topics in Economics (1-3)
Selected topics announced in advance. May be taken more than one semester. Prerequisites will be specified for each topic.

EC 404 Independent Study in Economics (1-3)
Individual study of an economic problem. Course activity must be supervised by a member of the full-time faculty with professional rank in the School of Business. Prerequisite: Consent of directing faculty member prior to enrollment.

EC 405 Honors Research in Economics (2-4)
Restricted to those students seeking to qualify for honors in the major field. The study is designed to provide an intellectual challenge for superior students with a strong interest in scholarship. Course activity must be supervised by a member of the full-time faculty with professional rank in the School of Business. Prerequisites: senior major and consent of instructor.

EC 409 Economic Forecasting (3)
Theories and techniques employed in the analysis of economic conditions in the economy in general and in particular markets. Includes an examination of the use of economic indicators and the construction of forecasting models. Prerequisites: EC 202, and EC 211 (or MA 343), and 54 hours.

EC 410 International Economics (3)
The theory of international trade and finance. Consideration of current problems in United States foreign trade. Prerequisites: EC 202 and 54 hours.

EC 443 Labor Relations (3)
Labor relations and collective bargaining including the history, structure, and policies of labor organizations. Mediation and arbitration are considered. Prerequisite: EC 341.

EC 480 Public Finance (3)
The theory of taxation, public expenditure and fiscal policy. Impact of government financial policies upon resource allocation, income distribution, economic growth, economic stabilization and balance of payments. Foundations for balanced state and local taxation. Prerequisites: EC 202 and 54 hours.

EC 485 Money and Banking (3)
The nature and economic role of money and monetary systems, including monetary theory and policy. An examination and functional analysis of the commercial and central banking systems in the United States. Prerequisites: EC 202 and 54 hours.

EC 499 Internship in Economics (3)
Professional work experience with a government agency, financial institution, or other business firm in the area of economic analysis or planning. The work situation must create a new learning experience for the student. Credit hours in this course will not count toward the minimum 62 hours in the School of Business required for the BBA. The student's grade will be awarded on a pass-fail basis, as determined by the supervising faculty member. Prerequisites: Consent of major area faculty, appropriate background, at least seventy-five (75) semester credit hours, at least a 2.5 overall GPA and meet the general qualifications specified by the sponsoring business firm or governmental agency.

Back to top.