1998-1999 Academic Catalog

70 Business Administration Finance FIN-171 Pe1·sonal 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 repmts, 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 requirements.) 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-234 · Macroeconomics, or permission of instructor. FIN-371 Financial Management of the Firm-A,Sp 4 hours A study of the practical and theoretical aspects of financial decision making. Topics include: cost of capital, capital strncture, management of current assets, capital budgeting, sources of funds, and statement analysis. Prerequisite: ACCT-212 Principles ofAccounting II; BUS- 212 Statistics II. 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 invest– ment strategies. Prerequisite: FIN-371 Financial Management ofthe 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 2 hours A fmum to discuss contemporary topics and issues in finance and provide guidance in areas of student career interest. Prerequisite: ACCT-312 Intermediate Accounting II; FIN-331 Money and Capital Markets; FIN-371 Financial Management ofthe 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, reorganizations, workouts, and bankruptcy. Prerequisite: ACCT-312 Intermediate Accounting II; FIN-371 Financial Management ofthe Firm; or permission of instructor. 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 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. Prerequisite: FIN-472 Business Valuation. Management MGMT-350 Principles of Organization and Management -A,W,Sp 4 honrs 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. Prerequisite: ACCT-212 Principles of Accounting II; MGMT-350 Principles of Organization and Manage– ment; MRKT-360 Principles ofMarketing. 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. Prerequisite: ACCT-212 Principles ofAccounting II; BUS-212 Statistics II; MGMT-350 Principles of Organization and Management. MGMT-353 Human Resources Management-A,Sp 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 Organization and Management or permission of instructor. MGMT-354 Management Science-A 4 hours An introduction to linear programming, transportation and assign– ment 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 II. (even years) MGMT-355 Organizational Behavior-A,W 4 hours A study of the impact of human behavior within and upon the organizational strncture. Emphasis is given to behavior as it relates to employment, absenteeism, employee turnover, productivity, human pe1formance, and management. Prerequisite: MGMT-350 Principles of Organization and Management or permission of instructor. MGMT-357 International Management-Sp 4 hours Focuses on the principles of management in 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. Prerequi– site: MGMT-350 Principles of Organization and Management. MGMT-451 Administrative Policy and Strategy-A,W,Sp 4 hom·s Strategic issues faced by organizations are analyzed in a comprehen– sive 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. Capstone course. Prerequisite: FIN-371 Financial Management ofthe Finn; MGMT- 350 Principles of Organization and Management; MGMT-360 Principles ofMarketing. MGMT-452 Purchasing and Materials Management-A 4 hours 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 scheduling. Prerequisite: BUS- 212 Statistics II; MGMT-350 Principles of Organization and Management. MGMT-453 Industrial Relations Management-W 4 hours The interplay between market forces and institutional rnles that determine the employment relationship. Labor history, the effects of changing public policies, trade unions, and collective bargaining are viewed from various international perspectives. Prerequisite: MGMT- 350 Principles ofOrganization and Management. Management Information Systems MIS-100 Introduction to Computers-A,W,Sp 2 hours Introduction to basic computer hardware, software, and applica– tions. Using popular software packages, emphasizing general and personal applications of the computer for the nonbusiness major. MIS-124 Computer Programming-BASIC-A 3 hours Principles of computer programming in BASIC. A strong emphasis is placed on the proper design of a computer program using strnc– tured programming concepts and techniques. MIS-220 Computer Information Systems-A,W,Sp 3 hours An overview of computer information systems. The integration and application of computer hardware, software, procedures, systems and human resources are explored. Personal, ethical, and biblical implica– tions of the use of computers are considered. Students will also be introduced to a variety of PC-based software. (Fee: $10)