2007-2008 Academic Catalog

School of Natural and Applied Science Business Administration 2007-08 Cedarville University 63 Business Administration able to use the computer to create, format, edit, store, retrieve, and print worksheets, graphs, and charts. The course will also introduce the student to database management systems. Fundamentals of database management concepts will be covered using a microcomputer database application package. Topics will include table design, query, maintenance, and reports. Prerequisite: MIS-1510 Software Tools for Business. EUIS-2200 Desktop Publishing 2 hours Writing, assembling, and designing publications commonly found in businesses, such as newsletters, brochures, reports, and promotional materials using PageMaker software. Finance FIN-1710 Personal Finance –Fa, Sp 3 hours This course is designed to educate and inform the undergraduate student about personal finance, with the view towards practical application, both currently and upon graduation. The course integrates principles of personal finance with biblical principles. Topics include: biblical stewardship, work, financial planning, budgeting, giving, taxation, use of credit, investments, asset protection, retirement and estate planning. (This course is a general elective course.) FIN-2730 Church Business Administration –Sp 3 hours A study of the principles and procedures of the financial man- agement of the local church organization. (Credit not applicable to meet business elective requirements.) Crosslisted with BEPT- 2730. FIN-3310 Money and Financial Markets –Sp 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. Crosslisted with ECON-3310. FIN-3710 Principles of Finance –Fa, Sp 3 hours A study of the theoretical and practical aspects of financial deci- sion making. Topics include financial statement analysis, financial markets, risk and return, determinants of interest rates, time value of money, valuation of financial assets, cost of capital and capital budgeting, dividends, multi-national financial management, and financial planning and forecasting. Prerequisites: ACCT-2110 Principles of Accounting I; BUS-2120 Statistics II. FIN-3730 Investments– Sp 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 develop- ing investment strategies. Prerequisite: FIN-3710 Principles of Finance. (Fee $50) FIN-3740 Insurance– Sp 3 hours An overview of the insurance industry and various insurance products. Insurance is described theoretically and practically as a tool for risk management in the areas of life, health, property, and other insurable categories. Prerequisites: FIN-3710 Principles of Finance or FIN-1710 Personal Finance. FIN-3750 International Finance– Sp 3 hours Discussion and analysis of financial management within a global context. Topics include international financial markets, foreign exchange rates & risk, exchange risk management, and other financial management issues relative to the multinational firm. Prerequisite: FIN-3710 Principles of Finance FIN-3770 3 hours Security Analysis and Portfolio Management –Fa The theory and practice of security analysis techniques and portfolio management objectives. Students research securities in order to make informed buy/sell recommendations and evaluate security and portfolio performance with a particular emphasis on common stocks. Students manage a funded portfolio. Prerequi- site: FIN-3730 Investments. (Fee: $50) FIN-4700 Seminar in Finance –Fa,Sp 1 hour A forum to discuss contemporary topics and issues in finance and provide guidance in areas of student career interest. Pre- requisites: ACCT-3120 Intermediate Financial Accounting II; FIN-3310 Money and Financial Markets; FIN-3710 Principles of Finance; FIN-3730 Investments. FIN-4710 3 hours Advanced Security Analysis and Portfolio Management Practicum –Sp An in-depth application of investment theory and techniques. Students research securities in order to make informed buy/sell recommendations and evaluate security and portfolio performance with a particular emphasis on common stocks. Students manage a funded portfolio. Prerequisite: FIN-3770 Security Analysis and Portfolio Management. Admission to this course is limited and requires instructor approval. (Fee: $50) FIN-4750 Financial Institution Management –Sp 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-3710 Principles of Finance. (Fee: $20) FIN-4770 Advanced Financial Management –Fa 3 hours An in-depth analysis of topics of concern to financial managers of modern corporations. Topics include capital budgeting, financial forecasting, working capital management, and valuation of merger and acquisition candidates. Prerequisite: FIN 3710 Principles of Finance. Management MGMT-3500 3 hours Principles of Organization and Management –Fa, Sp An examination of the policies, principles, practices, and problems involved in the management of organizations as they are currently being applied in the United States and around the world to meet or exceed customer’s expectations. MGMT-3510 Entrepreneurship I –Fa 3 hours This course will introduce students to small business and entrepreneurship. Topics will include personal characteristics of entrepreneurs, issues involving the uniqueness of family businesses, what small business owners can expect, the difference between a small business and entrepreneurial business, an overview of business models, an introduction to finding and/or evaluating a business opportunity, and the operational basics of starting and running a small or entrepreneurial business. MGMT-3511 Entrepreneurship II –Sp 3 hours This course will focus on looking for, identifying, and evaluating business opportunities, then matching business models to take advantage of them. Content will include creativity, opportunity recognition, evaluation, cognitive processes of entrepreneurs, environmental scanning, entrepreneurial business models (strategy), and will introduce initial financial elements of opportunity evaluation. MGMT-3512 Entrepreneurship III –Sp 3 hours This course will focus on the finance, accounting, and tax issues involved in operating a small business, entrepreneurial high growth firm, or family business. Content will include small business and high growth financial issues, managing cash flow, attracting financial resources, accounting issues such as the role of a forward-thinking accountant, setting up accounting systems that serve the firm strategy, and tax planning. It will also include financial elements of opportunity evaluation and exploitation as well. Prerequisite: MGMT-3510 Entrepreneurship I