1995-1996 Academic Catalog

Business ECON-336 International Trade and Economics--W 4 hours A study of international economic theory and international trade policy. The economic basis of trade and factor mobility, the benefits of international trade, and the barriers to international trade flows will be examined. Prerequisite: ECON-233 Microeconomics or permission from instructor. ECON-337 Labor Economics--A 4 hours An examination of the role of unions and the labor market in a free enterprise system. Emphasis is given to the impact of unions as a social institution in the collective bargaining process. Labor legislation and the labor movement are studied from both a historical and current perspective. Prerequisite: ECON-233 Microeconomics. (even years) ECON-338 Developmental 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-233 Microeconomics, ECON-234 Macroeconomics 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- 234 Macroeconomics. (even years) Finance FIN-171 Personal Finance--A,Sp 4 hours A study of the current principles and practices of establishing a lifetime program of personal money management. Topics include the economy, theories of work and income, preparation of financial goals, budgets and reports, relevant biblical passages for giving, principles and practices of purchasing food, clothing, transportation, recreation, vacations, housing and home furnishings, insurance for homes, autos, health and life, and investments in the money market, bonds, stocks, mutual funds, real estate, precious metals and collectibles will be treated. Credit, borrowing, making money grow, retirement, social security, estate planning and income taxes are also studied. (Credit not applicable to meet business elective require– ments.) FIN-273 Church Business Administration--W 4 hours A study of the principles and procedures of the financial manage– ment of the local church organization. (Credit not applicable to meet business elective requirements.) FIN-331 International Money and Capital Markets--Sp 4 hours A study of money, banking, and monetary theory, with particular emphasis on international financial markets. Prerequisite: ECON- 233 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, manage– ment of current assets, capital budgeting, sources of funds, and statement analysis. Prerequisite: ACCT-212 Principles of Account– ing 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 Manage– ment 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 Invest– ments. 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. Prerequisites: ACCT-211,212 Principles of Accounting, ACCT-311,313 Interme– diate Accounting, BUS-211,212 Statistics, ECON-233 Micro– economics, ECON-234 Macroeconomics, FIN-331 Money and Capital Markets, FIN-371 Financial Management of the Firm, FIN- 373 Investments. 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, reorganiza– tions, workouts and bankruptcy. Prerequisites: ACCT-211,212 Principles of Accounting, ACCT-311,312 Intermediate Accounting, BUS-211,212 Statistics, ECON-233 Microeconomics, ECON-234 Macroeconomics, FIN-371 Financial Management of the Firm. 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. Prerequisites: ACCT-211,212 Principles of Accounting, BUS-211,212 Statistics, ECON-233 Microeconomics, ECON-234 Macroeconomics, FIN-331 International Money and Capital Markets. 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. Prerequisites: ACCT-211,212 Principles of Accounting, BUS- 211,212 Statistics, ECON-233 Microeconomics, ECON-234 Macroeconomics, 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 Manage– ment, 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 Prin– ciples 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 Prin– ciples of Organization and Management or permission of instructor.