Business Minor - Undergraduate - 2009 University Catalog

You are viewing the 2009 University Catalog. Please see the newest version of the University Catalog for the most current version of this program's requirements.



BUSINESS MINOR REQUIREMENTS

You must complete the following 18 semester hours:

ACCT 201 Fundamentals of Financial Accounting 3
ECON 302 Economics and Finance for Business Minors 3
INBS 346 Introduction to International Business 3
INFO 301 Business Decision Making 3
MGMT 231 Management Processes 3
MKTG 240 Introduction to Marketing 3

Course Descriptions:

ACCT201: Fundamentals of Financial Accounting

This is an introductory course in financial accounting from a user's perspective. The theoretical foundation and basic accounting terminology are addressed. The basic financial statements consisting of the balance sheet, income statement, statement of stockholder's equity and the statement of cash flows are presented and discussed. Financial statement analysis including ratios analysis will help students to make sound decisions as investors, creditors, and managers. 3 sh.

ECON302: Economics and Finance for Business Minors

This comprehensive course maintains a reasonable balance between the disciplines of economics and finance. It includes micro and macroeconomics as well as selected topics in finance. Economics underlines how market and non-market institutions can best allocate relatively scarce resources to promote individual and social welfare. Among other topics, students learn how one can measure in a precise way the responsiveness of the quantities bought and sold to changes in prices and other influences on buyers and sellers. They also explore how market economies operate by first working through the perfectly competitive model then turning to noncompetitive market structures. The finance portion of the course provides students with a basic professional background in both corporate finance and investment. They are exposed to the fundamentals of discounted cash flows valuations after they have been introduced to the time value of money in the most general sense. They also learn how to value major sources of financing for corporations such as bonds and stocks. This leads them to consider the most important techniques used by a firm to analyze possible investments to decide which ones are worth undertaking. 3 sh.

Prerequisites: For Business minors only.

INBS346: Introduction to International Business

The course provides an introduction to the theory and practice of international business. It acquaints students with the fundamental principles of international business including such topics as globalization, international trade theories, the impact of culture, cross-national cooperation agreements, foreign exchange and capital markets, the strategy of international business, country evaluation and selection, modes of foreign market entry, the organization of international business, and management of international operations. Short case studies and/or research projects will be used to illustrate application of international business concepts and principles. 3 sh.

Prerequisites: ECON 101 and 102; or ECON 302 (Business Minors).

INFO301: Business Decision Making

The underlying theme of the course is business problem solving. This course engages students in employing tools from operations management and management information systems in the solution of business problems. Analysis of quantitative decision-making and information systems from the management point of view will be covered. 3 sh.

Prerequisites: INFO 273 or CMPT 109; and MATH 106 or 109 or 114 or 116 or 122 or 221; or departmental approval. Cannot be used for degree credit by Business Administration majors with more than 60 credits completed toward degree. Start Spring 2010: INFO 173 or CMPT 109; and MATH 106 or 109 or 114 or 116 or 122 or 221; or departmental approval. Cannot be used for degree credit by Business Administration majors with more than 60 credits completed toward degree.

MGMT231: Management Processes

To provide undergraduate students a review of classical and modern approaches to the managerial process as it relates to the manager's functions of planning, organizing, communication, motivation, leading, controlling, and managing change. Emphasizing new forces in the managerial environment such as workplace diversity and economic globalization, these reviews will be tied to the open-system model and the contingency approach as overall frameworks for understanding organizations and management. 3 sh.

Prerequisites: SPCM 101 or ENWR 105 or HONP 100.

MKTG240: Introduction to Marketing

This introductory course is designed to expose the student to the basic areas that comprise marketing as a discipline. Marketing is viewed as a process that must be integrated with all other business functions. The basic theories, concepts, language and tools of marketing are introduced, and illustrations of their applicability to the business as well as non-profit sectors of the national economy with increasing stress on the global realities which affect the marketing function are addressed. 3 sh.

Prerequisites: Start Spring 2010: ENWR 105 or HONP 100.

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