Course Descriptions
Course Areas:
ACCT
- Accounting
BUAD -
Business Administration
BUED -
Business Education
FINA -
Finance
MKTG -
Marketing
ACCOUNTING
ACCT 201 - Introductory Financial Accounting
- 3 cr.
Beginning study of financial accounting principles and concepts. Emphasis
is on the conceptual understanding of accounting and its role in society.
Practical applications of accounting concepts are demonstrated both
manually and electronically. Computer spreadsheet applications are utilized
extensively. The focus is on accounting for sole proprietorships. Prerequisites:
a grade of “C” in ENGL 101, ENGL 102 and MATH 109.
ACCT 202 - Introductory Corporate &
Managerial Accounting - 3 cr.
Financial accounting principles and concepts as they relate to partnerships
and corporations are covered. Also, managerial and cost accounting topics
will be explored. Each student is required to complete a computerized
practice set as well as solve problems using spreadsheet applications.
Prerequisite: ACCT 201.
ACCT 301 - Cost & Budgetary Control
- 3 cr.
A study of basic cost accounting and budgetary techniques. Job order
and process cost systems are studied. The three manufacturing cost elements
included in the budgetary process are analyzed. Prerequisite: ACCT 202.
ACCT 302 - Intermediate Accounting I -
3 cr.
An in-depth study of modern financial accounting, concepts, principles,
practices, and the conceptual framework on which accounting is developed.
The accounting cycle, adjusting entries, corporate transactions and
the preparation of financial statements are emphasized.
cycle, corporate transactions involving assets and liabilities; and
the preparation of financial statements. Prerequisite: ACCT 202 and
2.5 GPA in ACCT 201 and ACCT 202.
ACCT 302H - Intermediate Accounting I Honors
- 3 cr.
ACCT 303 - Intermediate Accounting II -
3 cr.
A continued in-depth study of modern financial accounting as it relates
to income determination, asset valuation, and stockholders' equity.
International and ethical implications are considered. Prerequisite:
ACCT 302.
ACCT 303/H - Intermediate Accounting II
Honors - 3 cr.
ACCT 304 - Managerial Accounting - 3 cr.
A study of the usefulness of financial data and financial analysis to
management in the functions of planning, control, and decision making.
The course will, survey the elements of cost as well as the main aspects
of the accounting structure.
Prerequisite: ACCT 301.
ACCT 400 - Intermediate Accounting III
- 3 cr.
Continued in-depth study of modern financial accounting covering such
troublesome topics as pensions, leases, deferred taxes and foreign currency
transactions.
Prerequisite: ACCT 303 with “C” grade or above.
ACCT 400H - Intermediate Accounting III
- 3 cr.
ACCT 401 - Advanced Financial Accounting
- 3 cr.
A study of specialized problems in partnerships, consignments, installment
sales, insurance, consolidation of parent and subsidiary statements,
mergers and poolings. Prerequisite: ACCT 303
ACCT 401H - Advanced Financial Accounting
(Honors) - 3 cr.
ACCT 402 - Federal Income Tax Accounting
Individual - 3 cr.
An in-depth study of tax provisions and planning for individuals. The
basic procedures involved in the determination of income tax liability
of individuals, proprietorships, and partnerships are to be performed.
Prerequisite: ACCT 303.
ACCT 402/H - Federal Income Tax Accounting
Individual (Honors) - 3 cr.
ACCT 405 - Government and Non-Profit Accounting
- 3 cr.
Accounting principles and practices for not for-profit organizations
are covered with specific emphasis on state and local government units.
The course also focuses on cost and budgetary controls in private not-for-profit
organizations such as hospitals and schools. Prerequisite: ACCT 303.
ACCT 405H - Government and Non-Profit Accounting
(Honors) - 3 cr.
ACCT 407 - Auditing - 3 cr.
This is a capstone course for accounting majors. Financial auditing
principles, concepts and practices including professional ethics, statistical
sampling techniques, and audit liability are covered. Work paper preparation
and audit reports will be an important part of the course. Analyses
of computer case study is required. Course requires a thorough understanding
of financial accounting. Capstone course in Accounting taken during
final semester of study.
Prerequisite: Senior Standing, ACCT 400, ACCT 401.
ACCT 407H - Auditing (Honors) - 3 cr.
ACCT 408 - Accounting Information Systems
- 3 cr.
The course examines management's need for information in an organization
focusing on the systems that are developed to supply this information.
Emphasis is placed on accounting information concepts, computer based
accounting application, systems evaluation and control. Prerequisite:
ACCT 303.
ACCT 410 - CPA Problems - 3 cr.
A study, review and analysis of the content, form and scope of CPA examinations
for the purpose of learning CPA practices and finding solutions to practical
problems in various accounting fields. The purpose is to prepare students
toward Certified Public Accountants Examinations.
Prerequisite: Advanced standing with minimum of 18 credit hours or permission
of instructor.
BUSINESS
ADMINISTRATION
BUAD 132 - Introduction to Business - 3
cr.
A course designed to acquaint students with the way in which business
enterprises are owned, organized, managed, and controlled. It provides
a broad background in common business practices by surveying the entire
field of Business Administration.
BUAD 213 - Business Software Applications
- 3cr
The course is designed to develop advanced computer application competencies.
Emphasis is placed on the use of various software packages in accessing
and processing large quantities of data for decision making and developing
practical methods for using the computer to solve quantitative business/management
problems. Coverage will include advanced use of Operating System and
Application Software related to spreadsheets, graphics, databases, and
statistical analysis (SAS or SPSS), as applied in business and industry.
Prerequisite: BUED 212 or an equivalent course.
BUAD 252 - Calculus with Business And Management
Applications - 3 cr.
Development and review of mathematical techniques, Linear Algebra and
Calculus for applications in a wide variety of courses in Business and
Management. Emphasis will be on those techniques which are required
for an understanding of Business Statistics, Operations Research, Decision
Theory, and Economic Theory. Prerequisite: Math 109
BUAD 300 - Business Ethics - 3 cr.
The purpose of this course is to assist students in understanding ethical
implications in the decision making process and to assume their role
as managers with a sense of a broader purpose and a moral consciousness.
Concepts and principles are discussed in light of problem situations
with ethical implications with a focus on the development of critical
and analytical thinking. Prerequisites: Sophomore standing.
BUAD 302 - Management and Organizational
Behavior - 3 cr
This course is designed to develop a full understanding of the role
of business organizations and their effective management. It deals with
principles and practices of management, and theory and analysis of organization.
Course content will include: Historical background of management theory
and analysis of organization, principles and process of management functions,
leadership, communications and morale. Prerequisite(s): Junior standing
and ECON 201, ECON 202, ACCT 201 and ACCT 202, PSYC 200, SOCI 101.
Fashion Merchandising majors only: ECON 202 and permission of the respective
Dept. Chairs.
BUAD 302/H - Management and Organizational Behavior (Honors)
- 3 cr.
BUAD 303 - Advanced Organizational Behavior - 3 cr.
This course provides an understanding of managerial behavior in an organizational
setting. It explores individual attitudes and behavior in interpersonal
and intragroup relationships with the specific goal of improving awareness,
perception and understanding of one's own and others' points of view
and behavior. Prerequisite(s): PSYC 200 and BUAD 302.
BUAD 304 - Small Business Management and
Entrepreneurship - 3 cr.
Assessment of the viability of small and micro business ventures. Emphasis
is on the business planning process; the management of small enterprises;
feasibility studies, formulation of business plans; risk management;
and entrepreneurial characteristics. Prerequisite(s): BUAD 302 and Junior
standing.
BUAD 306 - Human Resource Management -
3 cr.
A study of company personnel objectives, programs, policies and procedures
relating to manpower planning, recruitment, selection, training and
development, compensation and employee appraisal. Prerequisite(s): BUAD
302 and junior standing.
BUAD 307 - Industrial Relations - 3 cr.
A study of the union management relations and their effect upon personnel
programs and economic and legal analysis of the union-management activities,
collective bargaining trade agreements, strikes, boycott and lock out;
arbitration, mediation and conciliation; company unions, employee representation
and injunctions. Prerequisite: Junior standing.
BUAD 313 - Advanced Computer Application
Techniques - 3 cr.
The course is designed to develop computer application techniques for
skilled users. Emphasis will be placed on more advanced commands and
techniques of Word Processing, Spreadsheets, Databases, Presentation,
and WEB Page design techniques as applied in business and industry.
Prerequisite: BUAD 213
BUAD 353 - Business Statistics I - 3 cr.
A course dealing with descriptive as well as inferential statistics
with specific reference to business. Major topic areas covered are measures
of central tendency, variation, probability, estimation, test of hypothesis.
Prerequisite: BUAD 252.
BUAD 353/H - Business Statistics Honors
- 3 cr.
BUAD 354 - Business Statistics II - 3 cr.
Inferential statistics are emphasized. The topics covered include: time
series, regression analysis, chi-square test, and analysis of variance
as they relate to solutions to business and economics problems. Prerequisite:
BUAD 353.
BUAD 354/H - Business Statistics II Honors
- 3 cr.
BUAD 410 - Production Management - 3 cr.
A study of the operations of services and manufacturing enterprises.
Emphasis is placed on production management, planning, and control.
Topics include quality management, process selection, demand forecasting,
materials planning and control, and capacity planning. Case studies
are used to analyze the manufacturing and service environments in terms
of operational planning, the use of teams, teamwork, and decision making
regarding problems commonly confronting managers and supervisors in
national and transnational production organizations. Prerequisites:
BUAD 302, BUAD 252, and FINA 340.
BUAD 411 - Operations Research and Decision
Theory - 3 cr.
The course is designed to acquaint students with the latest Operations
Research and Decision Analysis techniques. It includes Linear Programming,
Transportation, Algorithm, Queuing simulations and other models. Prerequisite(s):
ECON 252, ECON 353 and ECON 354 or MATH 112, MATH 210 and MATH 211.
BUAD 411/H - Operations Research and Decision
Theory (Honors) - 3cr.
BUAD 412 - Business Law I - 3 cr.
The study of laws governing commercial and business transactions. Major
areas of consideration are the forces that determine business laws,
contracts, commercial paper, and bailments. Prerequisite: Junior standing.
BUAD 414 - Business Law II - 3 cr.
The course will continue to deal with private laws such a partnerships,
corporation, risks, and property. It will also examine the public laws,
i.e., government regulations of business in commerce, competition, market
and labor relations. Prerequisites: Junior standing, and BUAD 412.
BUAD 414/H - Business Law II (Honors) -
3 cr.
BUAD 420 - International Business - 3 cr.
This course is designed to develop an understanding of the various interdisciplinary
factors bearing on the operations of businesses in a global economy.
Emphasis is on the economic, political and social environment. Prerequisites:
BUAD 302, BUAD 412, and senior standing.
BUAD 480 - Directed Study and Practical
Applications in.Business and Accounting - 3 cr.
This course is designed to upgrade knowledge in a certain specialized
area of study determined by deficiencies or projected areas of growth
and plans for further studies. It will be structured to meet the needs
of the students taking the course. The enrolled student will be assigned
to a faculty advisor with whom he will work out a specific plan of study.
The course will be similar to tutorials in structure. The student will
have the primary responsibility of completing the assignments. Approved
internships with written projects are also appropriate. Credit hours
may vary in accordance with the need and amount of work assigned. Prerequisite(s):
Senior standing and consent of the Head of the Department
BUAD 488A - Business and Economic Indicators
- 3 cr.
This course provides a framework to illustrate how important economic
indicators interact and how their changes affect business decisions.
The identification of major supply side and demand side economic indicators
is followed by analysis of their effects at firm, industry sector and
macroeconomic levels. Topics covered include Federal Reserve policy
on interest rates, GDP growth rate, unemployment rate, business inventories,
consumer confidence and consumer price index. Prerequisites: Acct 202,
Econ 201 & 202, BUAD 302, MKTG 308.
BUAD 490 - Senior Seminar in Business -
3 cr.
Topics of current interest to be announced before registration. Opportunity
for individualized, in depth study with presentation to and criticism
by peers. Offered with ECON 480, class size permitting. Prerequisite:
Senior standing. Will satisfy Business Elective.
BUAD 491 - Research Methods in Business
The planning of research and the collection analysis and interpretation
of data. Prerequisite: Senior standing.
BUAD 491/H - Research Methods in Business
and Economics (Honors) - 3 cr.
BUAD 495 - Strategic Management - 3 cr.
The course is designed to integrate the knowledge and analytical skills
acquired in the functional subject areas in Business Administration
and related areas. The scope of the subject matter includes responsibilities
of top management together with the organizational processes for formulating
and implementing organizational strategy. The course includes the integration
of the functional areas of Economics, Accounting, Management, Marketing,
Finance and Law. This course uses case study method and pedagogical
techniques to deal with business problems and to formulate business
policies and strategies. Prerequisite(s): Senior standing with BUAD
302, MKTG 308, FINA 340, and BUAD 412. To be taken during final semester.
Capstone Course.
BUAD 495/H - Strategic Management (Honors)
- 3 cr.
BUSINESS EDUCATION
BUED 100 - First Year Experience/Business
- 1 cr.
The course is interdisciplinary in nature with emphasis on preparing
graduates for productive personal and professional lives. Course content
includes the following: Orientation to the University; the role and
responsibilities of the students;
The student as a member of the University team; expectations of the
faculty and staff; effective study techniques; time management, conflict
management; stress management; test taking skills and learning style
assessment; determination/perseverance, time on task and help-seeking
are emphasized. The faculty facilitator relies heavily on guest lectures
for selected topics.
BUED 110 - Introduction to the Principles
of Business Education - 3 cr.
The historical growth and development of Business Education, its relationship
to the total education program, fundamental processes, standards, and
occupations.
BUED 111 - Data Entry Techniques - 2 cr.
This course is designed to teach the basic keyboarding used for the
computer. Simple word processing applications are included, but the
primary aim is the ability to manipulate the keyboard using the touch
system.
BUED 112 - Business Mathematics - 3 cr.
The course is designed to provide mathematical concepts and skills needed
in business, accounting and related areas. Value derived therein should
be beneficial to consumers as well as to those who are in business.
At the start, attention is paid to the fundamental principles and operations
through the study of problems faced by every individual in his daily
life. The principles and processes learned in the beginning are then
applied in subsequent lessons dealing with discount, commission, mark-up,
description, interest computation, payroll and tax record.
BUED 188B/C - Professional Development
- 0.5 cr.
A continuation of BUED 100 with emphasis on strategic planning for life
including personal career planning, decision making, values clarification,
and occupational testing. Interpersonal skill development etiquette,
dressing for success and the need for continued intellectual development
will be stressed Business and professional resource persons present
selected topics.
BUED 212 - Computer Concepts/Applications
I - 3 cr.
The course introduces students to electronic information processing.
Emphasis is placed on various computer concepts and applications. Contemporary
computer software including System Software (DOS and Windows), and Application
Software for word processing, spreadsheets and databases relevant to
business and industry are taught.
BUED 333 - Business Communications - 3
cr.
A study of the principles, practices and mechanics of the writing of
business letters, reports, etc. Attention is also given to formal research
reports. Emphasis is placed on the basic writing skills applied to various
forms of business communications. Prerequisite: ENGL 101, 102, 203.
Must pass proficiency test.
BUED 411 - Office Technology and Records
- 3 cr.
A course designed to provide basic instruction and skill development
the use of common business technologies and principles of record keeping.
Individualized lab used. Prerequisite(s): BUED 213
BUED 412 - Office Procedures - 3 cr.
Designed to acquaint the students with simulated work experience of
the modern office. Business skills are integrated under realistic conditions.
Prerequisite: Completion of required business skill courses and consent
of instructor.
BUED 414 - Office Management - 3 cr.
A study of the various scientific and management principles applicable
to office organization and control, office systems and procedures. Also
included as office layout and equipment and personal supervision. Prerequisite:
Junior standing. BUAD 302, BUED 411 and BUED 412.
FINANCE
FINA 340 - Financial Management - 3 cr.
The course is designed to provide a basic understanding of principles
and practices in the area of business finance as an integral part of
business enterprise. It deals with sources and allocation of funds;
channels and procedures of financing in the capital market; internal
and external financing and inter-firm relations; corporate finance and
international capital markets; public regulations by government and
non-government agencies. Prerequisite(s): ACCT 202, Econ 201, and ECON
202.
FINA 340/H - Financial Management (Honors)
- 3 cr.
FINA 341 - Investment and Security Analysis
- 3 cr.
The course deals with the financial analysis of investment alternatives
available to individual and institutional investors. Security analysis
is employed in the location and evaluation of specific investments,
and in dealing with the problems changing economic and financial conditions.
Prerequisite: FINA 340.
FINA 341/H - Investment and Security Analysis (Honors) - 3 cr.
FINA 440 - Advanced Financial Management
- 3 cr.
The course is designed to develop analytical and decision making ability
of students in relation to varied problems that normally confront financial
management. Problem areas include financial planning and control of
current operations and long-term capital commitments; income management;
evaluation of income producing property; expansion through merger and
consolidation. Prerequisite: FINA 340.
FINA 440/H - Advanced Financial Management
(Honors) - 3 cr.
FINA 441 - Insurance and Business Risks
- 3 cr.
The course deals with the study of risks and the methods of meeting
them through the insurance mechanism. Basic principles, types of coverage
for social business relations, principles types of coverage for social
business risks are studied. Special emphasis is placed on business risks,
coverage, and problems of risk management.
Prerequisite: FINA 340
FINA 442 - Principles of Real Estate -
3 cr
The course is designed to study the principles, techniques, and legal
implications of acquiring and selling real estate. Areas covered include
the factors influencing real values of residential, commercial and industrial
properties, and relevant laws governing contracts, agency, brokerage,
listings, agreements, sale deeds, titles, mortgage instruments, liens
and encumbrances landlord and tenant relationship, settlements, appraisal,
real estate financing, relicensing laws and ethics.
It satisfies Maryland education requirements for licensing of Real Estate
Salesmen.
MARKETING
MKTG 308 - Principles of Marketing - 3
cr.
An introduction to the nature and fundamentals of marketing activities
in the modern industrial economy. This course deals with the analysis
of the socio economic and psychological factors, influencing consumer
behavior, market measurement and forecasting methods, development of
marketing programs in the areas of product line, price, promotion and
channels of distribution, procedures for planning and controlling marketing
operations and the legal aspects of marketing. Prerequisites: ECON 201,
ECON 202, and junior standing. Fashion Merchandising Majors only.: ECON
202 and permission of the respective Dept. Chairs.
MKTG 310 - Marketing Management - 3 cr.
This course emphasizes the managerial aspects of marketing and distribution
problems. The course specifically deals with the factors affecting consumer
demand, methods of satisfying it, the structure of the market, marketing
methods and the problems of various agencies, competitive practices,
the management of the selling activities and the selling activities
of a business, distribution policies, pricing, and organizing, and planning
of market operations. Prerequisite: MKTG 308.
MKTG 312 - Sales Management - 3 cr.
A study of the techniques and policies in the administration of the
sales organization with respect to the market strategies involved. Managerial
functions such as selecting, training, compensating and supervising
field sales personnel are also dealt with. It also includes the planning,
implementing and coordinating the sales program with the total marketing
effort of the firm. Prerequisite: MKTG 308.
MKTG 314 - Retail Management - 3 cr.
A study of retailing as a marketing institution from the standpoint
of management. Topics covered include the store location, layout and
facilities, policy formulation in the areas of buying, merchandising,
pricing, inventory planning and controlling, sales promotion and customer
service, and the general management problems. Prerequisite: MKTG 308.
MKTG 388 - E-Commerce - 3 cr.
This course is designed to familiarize students with the emergence and
importance of electronic commerce. The course examines the exchange
of business information, products, services and payments over the Internet
and World Wide Web. Students will understand the field of electronic
commerce and basic vocabulary, as well as learn the skills to develop
electronic commerce applications(on the web). Prerequisite: MKTG 308.
MKTG 401 - Advertising Management - 3 cr.
An analysis of advertising problems from the points of view of the general
administrator and marketing manager. The major topics covered will be
the determining role of advertising in an organization's total set of
strategies, coordination and integration of advertising with the total
marketing effort, developing of appropriate copy, media selection, client
agency relationships, and available techniques to measure the effectiveness
of advertising expenditures. Prerequisite: MKTG 308 .
MKTG 404 - Consumer Behavior and Theory
- 3 cr.
This course will examine motivation, cognition, and learning of preferences
and tastes from the interdisciplinary perspective of the social sciences.
Dynamics of consumer demand and behavior will be emphasized. Prerequisite:
MKTG 308.
MKTG 406 - Purchasing Management - 3 cr.
A study of the problems in purchasing-industrial, institutional, and
government-such as the purchasing of raw material, supplies and equipment.
Procedures for procurement, value analysis, quality control and inventory
control and covered. Factors in determining suitability of product,
preparation of specifications, and legal aspects are also dealt with.
Prerequisite(s): Junior standing, MKTG 308
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