The Business Foundation

ES 101 Economics-Macro, Principles of (3): Study of the national economy, considering national aggregates such as GDP, unemployment, and inflation. Consideration of fiscal policy and monetary policy.

ES 102  Economics-Micro, Principles of (3): Study of price determination and the operation of a market and a system of markets. Consideration of various types of market structure and their impact on the economy.

*MIS 191 Information Technology, Introduction to (3): This course introduces the student to the concepts behind information technology and provides experience with microcomputer-based applications. These applications include word processing, electronic spreadsheets, database management systems, presentation software and the Internet/World Wide Web.

DS 280 Business Statistics, Introduction to (3): This class focuses on the use of statistics in society as a whole, and in the business world. Emphasis is on descriptive and basic inferential statistics, including graphical methods, summary statistics, introduction to correlation and regression, probability and probability distributions, sampling and sampling distributions, and confidence intervals. Computer applications. Prerequisite: MS101 and satisfaction of the Information Technology Proficiency Requirement.

ATG 211 Introduction to Financial Accounting (3): Financial Accounting with emphasis on the concepts and standards for financial reporting in corporate accounting. Sophomore standing and satisfaction of the Information Technology Proficiency Requirement are prerequisites.

MGT 305 Managements, Principles of (3): This course exposes students to the fundamental concepts of organization and management. It emphasizes the role of a manager as a decision-maker and how managers, in every organization, plan, organize, motivate, and control in rapidly changing environments. Prerequisite: Junior Standing.

MKT 315 Marketing, Principles of (3): An introduction to the decision-making concepts and processes used in developing effective marketing programs for consumer and industrial goods and services. (Junior-level course.)

FIN 311 Business Finance (3): An introduction to corporate finance from the viewpoint of the financial manager.  Major topics include the fundamental concepts, financial theory, time value of money, cash flow valuation, stocks and bonds, capital budgeting and risk and return. Prerequisite: ATG211, ES101 and DS280.

DS 350 Quantitative Methods for Business Decisions (3): A survey of quantitative and analytic concepts from statistics and operations research that are useful in support of managerial decision-making. Topics covered include statistical inference, decision theory, forecasting methods (including regression), and quality control. Emphasis is on practical application in modern business environment. Computer applications. Prerequisites: DS280, MS226.

BL 407 or BN 209 Business Law or Legal, Social & Ethical Environments (3)

BL 407  Business Law I: A first course in business law with an emphasis on the areas of contracts, sales, agency, and real property.

BN 209  The Legal, Social and Ethical Environment of Business: This course introduces the student to the contemporary legal, social, regulatory and ethical issues confronting businesses today. Specifically, students will discuss the role of business and government in a capitalist environment, the American legal system, the U.S. regulatory structure and process, Affirmative Action programs, employees’ rights, consumer protection, product liability, and environmental protection.

The Advanced Level Courses

ATG 520 Advanced Accounting Seminar (3): An introduction to advanced issues in accounting and reporting from a user perspective. Open only to M.B.A. students.

FIN 503 International Business & Finance (3): Examination of macroeconomic principles by focusing on foreign exchange consequences, financial institutions, international payments flows, international monetary system, and international banking. Graduate only.

FIN 511 Advanced Financial Management (3): Corporate finance course aimed at further understanding and application of financial concepts learned in the basic course. Emphasis placed on the responsibility of the financial manager to contribute to the operating efficiency of the firm, its long range objective and the financial decision-making process. Graduate only.

MIS 591 Electronic Commerce (3): This course provides an in-depth examination of the concept and application of electronic commerce from a managerial perspective. Topics include, infrastructure for E-Commerce, Ecommerce business models, and current issues surrounding the implementation of E-Commerce in organizations. Graduate only.

POM 507 Managerial Decision Analysis (3): An analysis of the quantitative decision making process in management. Emphasis on decision theory, probabilities, marginal reasoning, game theory, linear programming, queuing, simulation and trends in statistical analysis. Graduate only.

MGT 519 Organizational Theory & Behavior (3): This course studies the organization from both a macro and micro perspective by focusing on organizational structure and organizational interactions. The dynamics and links between individual, groups, and the environment are analyzed to highlight the determinants of organizational effectiveness. Graduate only.

MKT 516 Marketing Decision-Making (3): A study of the process for designing and implementing strategic programs for the marketing of goods and services. Topics covered include the gathering of decision making data, setting of strategic direction, and the creation of marketing programs. Graduate only.

MGT 595 Strategic Management (3): An integrated concept of Business Administration which will relate the principles and problems studied in the various “functional” fields. Case studies. Graduate only. Capstone course.

Business Electives (6): Elective offerings vary and may include current issue topics in the following subjects with each elective worth 2 credits: Business, Decision Science, Finance, Management, Information Technology and Marketing.