1992-1993 Academic Catalog

74 Business Administration ECON-338 Development Economics & Political Economy--Sp 4 hours A study of the interaction of political and economic systems to produce economic development and growth of nation states. A framework for analysis of development is explored and applied to specific case studies of both industrial and developing economics that have recently undergone significant change. Prerequisite: ECON-231 Macroeconomics and ECON-232 Microeconomics or permission of instructor. ECON-339 Public Finance--Sp 4 hours A consideration of the financing of local, state, and federal governments. Much attention is given to three functions of government: stabilization, distribution, and allocation. All major taxes which are present in the United States are studied as to structure, revenue gained, and present status. Prerequisite: ECON-231 Macroeconomics. (even years) Finance FIN-171 Personal Finance--A,Sp 4 hours The position of the consumer in the marketplace; practices in consumer efficiency in planning, buying, using schedules, budgeting, bank accounts, charge accounts, installment buying, boJTowing, saving, insurance, income tax preparation, and maintenance and conservation of consumer goods are emphasized. (Credit not applicable to meet business elective requirements.) FIN-273 Church Business Administration--W 4 hours A study of the principles and procedures of the financial management of the local church organization. Prerequisite: ACCT-212 Principles of Accounting, CIS-223 Microcomputer Applications. (Credit not applicable to meet business elective requirements.) FIN-331 Financial Markets, Institutions and International Financial Systems--Sp 4 hours A study of financial markets and the roles that institutions and governments play in those markets, including the role of various international monetary systems. Prerequisite: ECON-232 Microeconomics. FIN-371 Financial Management of the Firm--A,W,Sp 4 hours A study of the practical and theoretical aspects of financial decision making. Topics include cost of capital, capital structure, management of current assets, capital budgeting, sources of funds, and statement analysis. Prerequisite: ACCT-212 Principles of Accounting and BUS-212 Statistics. FIN-373 Investments--W 4 hours A study of the various types of investments including stocks, bonds, mutual funds, commercial, paper, options, and commodities. Particular emphasis is given to return and risk in developing investment strategies. Prerequisite: FIN-371 Financial Management of the Firm. FIN-377 Security Analysis and Portfolio Management--Sp 4 hours The theory and practice of security analysis techniques and portfolio management objectives. Prerequisite: FIN-373 Investments. FIN-470 Senior Seminar in Finance--W 2 hours A forum to discuss contemporary topics and issues in finance and provide guidance in areas of student career interest. FIN-472 Business Valuation--W 4 hours An advanced course in financial management, focusing on the valuation of business wealth. Introduction to standards of value, valuation methods for mergers, acquisitions, LBO's, reorganizations, workouts and bankruptcy. Prerequisites: FIN-371 Financial Management of the Firm and ACCT-311,312 Intermediate Accounting. FIN-475 Financial Institution Administration--A 4 hours An integrated and comprehensive analysis of the management of financial institutions considering the unique problems faced by each type of institution. Prerequisite: FIN-331 Financial Markets, Institutions and International Systems. FIN-479 Case Problems in Financial Management--Sp 4 hours Case study of financial management in business enterprises. Planning current and long-term financial needs, profit planning, funds allocation, dividend policy, expansion, and combination. Prerequisite: FIN-472 Business Valuation. Management MGMT-350 Principles of Organization and Management-- A,W,Sp 4 hours An examination of the policies, principles, practices, and problems involved in the organization and management of business concerns. MGMT-351 Small Business Management--Sp 4 hours A course dealing with the program involved in establishing and managing a small business. Financial organization, services, and problems are analyzed. Prerequisites: ACCT-212 Principles of Accounting, MGMT-350 Principles of Organization and Management, and MRKT-360 Principles of Marketing. MGMT-352 Production and Operations Management--Sp 4 hours Introduction to the concepts, methodologies, and application of production and operations management. Designed to develop problem solving and decision making skills for application in the operations and production areas of the firms. Designed to develop an appreciation for the interaction of operations management with the management systems of organization. Prerequisites: ACCT-212 Principles of Accounting, BUS-212 Statistics, MGMT-350 Principles of Organization and Management. MGMT-353 Human Resources Management--W 4 hours An analysis of the principal functions, processes, and problems involved in the management of personnel policies; selection, training, promotion, compensation, and discharge of personnel; labor turnover, safety, health, and recreation. Prerequisite: MGMT-350 Principles of Management or permission of instructor. MGMT-354 Management Science--A 4 hours An introduction to linear programming, transportation and assignment problems, network flow problems, and inventory systems. The linear programming, transportation and assignment, network flow, and inventory models are solved and their use demonstrated by various applications. Prerequisite: BUS-212 Statistics. (even years) MGMT-355 Organizational Behavior--A,W 4 hours A study of the impact of human behavior within and upon the organizational structure. Emphasis is given to behavior as related to employment, absenteeism, employee turnover, productivity, human performance, and management. Prerequisite: MGMT-350 Principles of Organization and Management or permission of instructor. MGMT-357 International Management--W 4 hours A broad perspective of management of principles as they interact in the global economy. Exporting and foreign direct investment are analyzed from the multinational perspective. Strategy, organizational structure and control techniques are developed in a world environment. Prerequisite: MGMT-350 Principles of Organization and Management. MGMT-451 Administrative Policy and Strategy--A,W,Sp 4 hours A capstone to the undergraduate business program, integrating functional areas. Strategic issues faced by organizations are analyzed in a comprehensive manner. Skills in strategic analysis are developed through lectures and from diverse industries, nonprofit and quasi-public institutions. Open only to seniors in business administration. MGMT-452 Purchasing and Materials Management--A 4 hours An examination of the basic purchasing principles including the determination of price, quality and delivery times of materials. Effective management of suppliers through their selection and certification will be matched with strategic production policies such as inventory control and production schedulin,g. Prereauisite: 11.K,-,, 6..-r. ,..._,..,. - •