2002-2003 Academic Catalog

55 Business Administration School of Social Sciences and Professional Studies program and career objectives. The student will perform duties and services as assigned by the work supervisor and internship coordinator. Reports and assignments are required of the students completing the internship. Finance FIN-1710 Personal Finance 3 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 pas- sages 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. 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-2730 Church Business Administration 3 hours A study of the principles and procedures of the financial management of the local church organization. (Credit not applicable to meet business elective requirements.) FIN-3310 International Money and Capital Markets 3 hours A study of money, banking, and monetary theory, with particular emphasis on international financial markets. Prerequisite: ECON-2340 Macroeconomics; or permission of instructor. FIN-3710 Financial Management of the Firm 3 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-2110 Principles of Accounting I; BUS-2150 Business Statistics. FIN-3730 Investments 3 hours A study of the various types of investments including stocks, bonds, mutual funds, commercial, paper, options, and commodi- ties. Particular emphasis is given to return and risk in developing investment strategies. Prerequisite: FIN-3710 Financial Manage- ment of the Firm . FIN-3770 Security Analysis and Portfolio Management 3 hours The theory and practice of security analysis techniques and portfolio management objectives. Prerequisite: FIN-3730 Investments. FIN-4700 Seminar in Finance 1 hours A forum to discuss contemporary topics and issues in finance and provide guidance in areas of student career interest. Prerequisites: ACCT-3120 Intermediate Financial Accounting II; FIN-3310 International Money and Capital Markets; FIN-3710 Financial Management of the Firm; FIN-3730 Investments. FIN-4720 Business Valuation 3 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-3120 Intermediate Financial Accounting II; FIN-3710 Financial Management of the Firm; or permission of instructor. FIN-4750 Financial Institution Administration 3 hours An integrated and comprehensive analysis of the management of financial institutions considering the unique problems faced by each type of institution. Prerequisite: FIN-3310 International Money and Capital Markets. (Fee: $20) FIN-4790 Case Problems in Financial Management 3 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-4720 Business Valuation. Management MGMT-3500 Principles of Organization and Management 3 hours An examination of the policies, principles, practices, and problems involved in the organization and management of business concerns. MGMT-3510 Small Business Management 3 hours A course dealing with the program involved in establishing and managing a small business. Financial organization, services, and problems are analyzed. Prerequisites: ACCT-2120 Prin- ciples of Accounting II; MGMT-3500 Principles of Organization and Management; MRKT-3600 Principles of Marketing. MGMT-3520 Production and Operations Management 3 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 firm. Designed to develop an appreciation for the interaction of operations management with the management systems of organization. Prerequisite: ACCT-2120 Principles of Accounting II; BUS-2150 Business Statistics; MGMT-3500 Principles of Organization and Manage- ment. MGMT-3530 Human Resources Management 3 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-3500 Principles of Organization and Management; or permission of instructor. MGMT-3540 Management Science 3 hours An introduction to linear programming, transportation and assignment problems, network flow problems, and inventory systems. The linear programming, transportation and assign- ment, network flow, and inventory models are solved and their use demonstrated, by various applications. Prerequisite: BUS- 3150 Operations Analysis. Dr. William Ragle shares financial principles that will prepare students for successful careers.