International Business Administration Major (IBA)
Thirty-two credits in Business Administration including BUS 121, 221, 222, 309, 323, 333, 440 and four credits of electives in BUS; 12 credits in Economics including 201, 202 and 331/332; and 24 credits (or proficiency) in a foreign language beginning at the 111 level.
- BUS121.Business Foundations4General survey course that introduces the students to the various business disciplines. Students will briefly investigate the disciplines of accounting, finance, international business, law, management and marketing and how all of these disciplines are interrelated. The areas of business ethics and social responsibility will also be examined.
- BUS*221.Financial Accounting4BUS-121 or 131 or taken concurrently, MTH-101 or equivalent;General survey course that introduces the study and application of the basic concepts and methods used in developing and reporting financial information about an economic entity. Emphasis on developing the ability to interpret and apply accounting information to the decision-making process.
- BUS*222.Managerial Accounting & Decision Making4BUS-221Study of accounting in the manufacturing and service sector, cost allocation and analysis, development of cash flow statements and analysis of financial statements. Emphasis on how cost and managerial accounting concepts and methods apply to the decision-making process. Students cannot earn credit for both BUS-222 and BUS-222A-E.
- BUS*222A.Managerial. Accounting & Decision Making2BUS-221First seven week module of managerial accounting topics, focusing on financial statement analysis, definition of managerial accounting, Cost-Volume-Profit, incremental analysis and decision making, budgeting models, and basics of capital budgeting. Course objective is to provide analysis skills needed by managers. Students cannot earn credit for both BUS-222 and BUS-222 modular (A-E).
- BUS*222B.Decision Models2BUS-221 and 222ACourse uses Cost-Volume-Profit and incremental analysis techniques to allow scenario analysis and sensitivity analysis in business decision cases, as well as preparing budget models for operational and capital budgets. Some basic data analytics included. Typical cases will be special orders, add/drop product line, variable/fixed cost shifts, etc. Students cannot earn credit for both BUS-222 and BUS-222 modular (A-E).
- BUS*222C.Healthcare Accounting2BUS-221 and 222ACurrent topics in health care accounting and financial management, including revenue cycle and reimbursement, current status of government programs and regulations, cost accounting techniques relevant to health care, non-hospital providers (nursing homes, physician group), etc. Students cannot earn credit for both BUS-222 and BUS-222 modular (A-E). Elective credit for HCA majors with BUS-222 credit with permission of Department Chair.
- BUS*309.Finance4BUS-222, ECN-201, ECN-202, MTH-116Introduction to the principles of managerial financial policies, leading to maximizing the value of a firm. Major emphasis on financial decisions facing a firm, management of current assets, capital budgeting, cash flow management, optimal capital structure, time value of money and financial/ratio analysis.
- BUS*323.Contemporary Management4BUS-222 and ECN-202; one from MTH-113, 116, 121, 341 or PSY-220 or PermissionExploration of the four primary functions of management: planning, organizing, leading and controlling. Emphasis on understanding functions and roles that managers play within organizational structures and society stakeholders. Students will engage in numerous contemporary experiential learning and project applications. Developing managerial problem-solving, business professionalism, teamwork, and communication skills are a cornerstone of this course.
- BUS*333.Marketing and Society4BUS-222; ECN-201 or 202; one of MTH-113, 116, 121, 341, PSY-220 or PermissionGeneral survey course acquainting students with the business and economic principles underlying the transfer of goods and services from producer to consumers. Investigation of the institutions, systems of distribution, and the functions and policies of the marketing discipline.
- BUS*440.Global Strategic Management4BUS-121, 221, 222, 225, 309, 323, 333Coverage of all aspects of strategy with a focus on industry and corporate analysis, especially in the global environment. Emphasis on individual written and group oral presentations of case analyses. Students apply the concepts learned to actual business situations. The capstone course for Business Administration and International Business Administration majors.
- ECN201.Principles of Macroeconomics4Introductory survey of macroeconomic theory and national policy. Supply and demand analysis and solutions to basic economic problem of scarcity in the American economy. Examines relationship between national income and its determinants with emphasis on role of fiscal and monetary policies in stabilizing national economic performance.
- ECN202.Principles of Microeconomics4Introductory survey of microeconomic theory. Principles of consumer demand; production, exchange and distribution in capitalist economies; labor and resource markets; international trade and exchange rate theory and policy.
- ECN*331.International Trade4ECN-202Examines the exchange across international borders of goods, services and factors, and the impacts of this trade on domestic and global economies both in theory and practice. Theories of trade are compared and contrasted to both empirical studies and histories of trade. Topics include free trade, commercial policy, barriers to trade, foreign investment, imperialism and political economy of trade.
- ECN*332.International Finance4ECN-201 and 202Examine the principles and practical aspects of international finance. Theories of exchange rate determination are compared and contrasted. Topics include, but are not limited to: comparative advantage, arbitrage, international macroeconomics, foreign exchange issues, global money and capital markets, exchange rate forecasting and interest rate swaps.