School of Business
Course Offerings
Business Administration
| 110 |
Contemporary Business Enterprise (3).
A study of contemporary business enterprises and market systems characterized by private ownership and distribution of goods and services. Includes an overview of business processes such as marketing, finance, and strategy and their roles in the free market system. |
| 228 |
Personal Finance (3).
A study of the basic principles of planning and managing personal financial matters. Emphasis is on developing the personal financial planning skills needed to meet individual objectives and goals. |
| 304 |
Business Communication (3).
A study of the modern techniques of written and oral communication in a business setting. |
| 305 |
Business Statistics (3). Prereq: MAT 101 or 110.
A study of the primary statistical techniques used in the managerial decision-making process. Included is a study of measures of central tendency, dispersion, theories of probability, statistical inference, analysis of variance, regression analysis, nonparametric statistics, statistical quality control and decision theory, and time series analysis. |
| 307 |
Introduction to Electronic Commerce (3).
An introduction to the use of computers and the Internet in the marketing process. Traditional marketing concepts, along with a Christian worldview, will be integrated with modern computerized marketing techniques. |
| 320 |
Introduction to Marketing (3). Prereq: Junior level standing.
An overview of the marketing discipline with emphasis on planning and the development of competitive strategies. Specific topics include the marketing environment, marketing research, advertising, personal selling, sales promotion, pricing, new product development, and distribution channels. |
| 326 |
Principles of Management (3). Prereq: Junior level standing.
An introduction to the foundational principles and the basic management techniques that every manager must master to succeed in today's fast-changing, competitive environment. Emphasis is on the planning, organizing, managing, and controlling functions. |
| 327 |
Small Business Management and Entrepreneurship (3).
A study of management principles and techniques, focusing on applications to established small businesses and to new ventures. Emphasis is placed on leadership and the role and functions of entrepreneurs. |
| 329 |
Principles of Supervision (3).
A study of the basic principles of supervising employees. Emphasis is on communicating, understanding employee behavior, selecting and training employees, appraising employees, conducting effective meetings, working with unions, increasing productivity, and managing stress in the context of the supervisor-employee relationship. |
| 335 |
Fund Raising (3).
A study of philanthropy, fund-raising promotions for not-for-profit organizations, the ethics of fund raising, and providing donors with financial planning services. |
| 351 |
Personal Selling (3). Prereq: BUS 320.
A study of the basic principles underlying the personal selling process and their application to the problems of sales professionals. |
| 360 |
Quantitative Management (3). Prereq: BUS 305 and MAT 101 or 110.
The study of quantitative and decision-making tools used in managing the conversion process that transforms inputs (such as raw materials and labor) into outputs in the form of finished goods and services. Areas covered include: New Product and Service Development, Quality Control Techniques; Forecasting Methods, Work Performance Measurement; Waiting Line and Scheduling Decisions; and Inventory Systems Management. (Honors) |
| 362 |
Human Resources (3). Prereq: BUS 326.
An investigation into the nature and behavior of humans as we relate and work together in organizations. Practical applications are made to the following: selection and retention, training, motivation, compensation, discipline, and organizational design. |
| 363 |
Business Finance (3). Prereq: ACC 214, MAT 110 or MAT 101
A study of the sources and uses of funds in modern business firms. Emphasis is on capital markets, the time value of money, risk and rates of return, the valuation of bonds and stocks, financial statement analysis, financial forecasting, and capital budgeting. |
| 402 |
Money and Banking (3). Prereq: ECO 205-206
A study of the role of money in the U.S. economy and the financial system that creates it and through which it flows. Additionally, basic monetary policy instruments are studied with regard to their effects on macroeconomic variables and on the financial institutions operating within the economy. |
| 403 |
Advertising (3). Prereq: BUS 320.
An overview of the advertising field with emphasis on media selection and strategic planning. |
| 405 |
Financial Management (3). Prereq: BUS 363.
A study of the basic methods and theories of the successful financial management of firms. Emphasis is on cash-flow estimation and risk analysis in capital budgeting, stocks and bonds as sources of funds, the use of long-term debt, the cost of capital, leverage, dividend policy, and working capital management. |
| 407 |
Consumer Behavior (3). Prereq: BUS 320.
A study of consumer purchasing behavior with emphasis on psychological and social influences. Specific topics include consumer decision processes and behavior; cultural, social, personal, and family influences; individual differences; and psychological processes. |
| 412 |
Organizational Behavior (3). Prereq: BUS 326
A study of human behavior at the individual, group, and organizational level with topics including personality, motivation, teams, leadership, power and organizational structure. |
| 414, 415 |
Business Law (3, 3).
A study of the basic principles of law that apply to business transactions, thereby providing a basis for confidence in reaching decisions within the framework of rules of law. Primary emphasis is on contracts, agency, and the legal environment of business. |
| 416 |
Investments (3). Prereq: ACC 213-214, BUS 363, and ECO 205-206.
A study of the techniques of investing in the major types of equity and debt instruments. Emphasis is on the study of money and capital markets, valuation of stocks and bonds, and portfolio analysis. |
| 418 |
Business Ethics (3).
A study of basic ethical principles as applied to the major problem areas facing economic systems and to decision-making in the corporation and in society in general. The basic ethical principles and the accompanying value system used are biblically based. (Honors) |
| 419 |
Business Policy (3). Prereq: Student must be of a senior class standing or have permission from the instructor. A study of
the methods used by business firms in developing and evaluating strategies and policies to achieve goals and objectives. A
computer simulation business game is played as part of the course. (Honors) |
| 420 |
International Business and Development (3).
A survey of the operation of the firm in a global environment. Topics include global markets, international trade, foreign exchanges, trade policy, international politics, cross-cultural management, global strategic management, organizational design, and controlling. (Honors) |
| 426 |
Risk Management and Insurance (3). Junior standing recommended.
The focus of this course is on the loss exposures faced by economic entities (threats to people, property, or profits) and the logical uses of risk management and insurance tools to offset the effect of those losses. |
| 440 |
Commercial Banking (3). Prereq: ACC 213-214 and ECO 205-206.
A study of the operation and management of commercial banks. Primary emphasis is on the management of the assets, liabilities, and capital funds of banks within the framework of banking regulations. |
| 442 |
Marketing Research (3). Prereq: BUS 306 and 320.
A study of modern marketing research techniques and their application. Specific topics include research decisions, problem definition, exploratory research, hypothesis testing, research design, data collection, data analysis, and the reporting of results. |
| 450-451 |
Internship (3-3).
This course is designed to give the student practical experience in either conducting a specific research project or in a professional position within an approved private firm or public agency. The internship may be repeated once. This course is open only to students majoring in accounting or business administration. Junior or senior standing is required, and approval by the division chairman must be obtained. The course is graded on a pass or fail basis. Refer to “Student Intern Programs and Practicums” for further requirements. |
| 460 |
Cases in Management (3). Prereq: BUS 326.
A study of a wide variety of management problems in a small group setting. The case study method of analysis is used, and oral and written case evaluations are required. Emphasis is placed on management problems encountered by large, modern firms. |
| 465-470 |
Practical Application of Business Principles (3-15).
Up to 15 semester hours of credit may be awarded for practical experience in management. Credit will be awarded only upon approval by the faculty of the division of business administration and the dean of the school of business. |
| 490 |
Public Financial Management (3). Prereq: ACC 214 and BUS 363.
An introduction to the modern concepts and practices of financial management in public organizations with emphasis on practices used by state and local governments. The course will include a study of the preparation, approval, execution, and review of budgets. |
| 491-492 |
Undergraduate Research (1-2). Prereq: Junior or Senior standing.
Supervised research in a business field of study. Open by request only to junior and senior business majors. Offered by special arrangement with the dean of the school of business. (Honors) |
| 499 |
Special Topics (3). Prereq: Minimum of six hours in business administration or consent of dean of school of business.
This course covers selected areas not studied extensively in other courses and may be repeated for different topics.
(Offered on demand.) |
Accounting
| 213-214 |
Principles of Accounting (3-3). Prereq: Sophomore status.
A study of the concepts and fundamental principles of accounting practice. The course includes applications to proprietorships, partnerships, corporate accounting, and managerial accounting. |
| 217 |
Computerized Accounting (3). Prereq: ACC 213-214.
An application oriented course with emphasis on the use of computers in solving accounting and business problems. Hands-on use of general ledger and spreadsheet software will be emphasized. |
| 301 |
Managerial Accounting (3). Prereq: ACC 213-214.
An in depth study of accounting applications for managers with special emphasis on computer applications. Required for business majors, not available for credit for accounting majors. |
| 313-314 |
Intermediate Accounting (3-3). Prereq: ACC 213-214
An in-depth study of financial functions and basic theory; recognition and measurement of assets, liabilities, income and equity; and the preparation and analysis of financial statements. |
| 337 |
Cost Accounting (3). Prereq: ACC 213-214 with BUS 305 as a co-requisite.
A study of cost and revenue behavior, cost-volume-profit relationships, master budgeting, and responsibility accounting for the purpose of planning and control of operations. |
| 411 |
Individual Income Tax Accounting (3). Prereq: ACC 213-214.
An introduction to the federal income taxation of individuals. This course offers a broad base for understanding and applying the tax laws. |
| 412 |
Auditing (3). Prereq: ACC 313 and 314.
A study of the concepts and standards of auditing and an explanation of how concepts are implemented in auditing practices, policies, and procedures. |
| 413 |
Advanced Accounting (3). Prereq: ACC 313-314.
A study of specialized problems of accounting, including income presentation, business combinations, multinational accounting, partnerships, governmental and not-for-profit accounting, and fiduciary accounting.
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| 418 |
Accounting Ethics (3). Prereq: ACC 213, 214, 313 and 314.
A study of the codes of professional ethics for accountants, biblical principles of virtue and character, the absolute truth of God’s moral standards, and the application of biblical principles to solve ethical dilemmas in the accounting profession. |
| 421 |
Accounting for Taxes on Businesses (3). Prereq: ACC 213-214.
A detailed study of the federal income taxation of corporations, partnerships, estates, and trusts. A broad base for understanding and applying the tax laws is provided. |
| 424 |
Governmental Accounting (3). Prereq: ACC 213-214.
A study of fund accounting concepts and standards as they relate to federal, state, and local governments and to not-for-profit organizations. |
| 430 |
Accounting Theory (3). Prereq: ACC 313-314.
The capstone course of the accounting major studies the development of accounting standards by FASB. Accounting controversies are evaluated using FASB’s theoretical statements and biblical principles. |
| 450 |
Internship (3).
This course is designed to give the student practical experience in the field of accounting. This course is only open to students majoring in accounting. Senior standing and approval by the Dean of the School of Business must be obtained. This course is graded on a pass or fail basis. Refer to “Student Intern Programs and Practicums” for further requirements. |
| 485 |
Financial Management of Christian Ministries (3).
An introduction to the biblical principles that should guide the administration of Christian ministries and the accounting and management skills needed by the administrator of a Christian ministry in order to be an effective steward of the Lord’s resources. Topics to be covered: biblical principles of money management and stewardship; financial disclosure; internal controls; audits; budgeting; employee payroll; obtaining tax-exempt status; and tax returns for ministers. Does not apply toward the major. |
| 490 |
Forensic Accounting (3). Prereq: ACC 313-314, ACC 412.
Also called investigative accounting, forensic accounting is a study of the methods used to detect and prove financial fraud or to track funds that have been embezzled. |
Economics
| 205 |
Principles of Economics I (3).
A study of the basic tools of macroeconomic analysis and their application to the use of monetary and fiscal policies to achieve macroeconomic goals. A section on international trade and finance is included. |
| 206 |
Principles of Economics II (3).
A study of the basic tools of microeconomic analysis and their application to decision making by the household and the business firm. A section on government regulation and antitrust policy is included. |
International Studies
| 201 |
Global Culture (3).
Global culture through study of methodology, history, economic, political, social, religious, and intellectual ideas. Not accepted in place of SPA or FRE 101-102 or SPA or FRE 201-202. |
| 301 |
Language Acquisition Skills (3).
Applied approach teaches principles of language acquisition and assists in rapid learning of language. |
| 401 |
Semester Abroad (12). Prereq: Junior or senior standing.
Study abroad during junior or senior year. May include council studies (COS) or semester abroad specific to student’s culture of interest. |
| 402 |
Special Project (3). Prereq: Senior standing.
Reflects assimilation of knowledge from semester abroad, Christian worldview, and international studies curricula. |
| 450-451 |
Internship (3-3).
This course is designed to give the student practical experience in either conducting a specific research project or in a professional position within an approved private firm or public agency. This course is open only to students majoring in international studies. A minimum GPA of 3.0 is required and approval by the supervising dean must be obtained, as well as letters of recommendation from two faculty members (one should be the internship supervisor). The course may be graded on a letter bases or on a pass or fail, at the request of the faculty supervisor and the student. |
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