ACC 125 PRINCIPLES OF ACCOUNTING I
An introduction to accounting concepts for financial reporting. Accounting theories and principles relative to asset valuation, liability reporting, and income determination will be examined. The uses and limitations of external financial reports will be emphasized. Foley, Jones, Marino, Niece, Piwko, Skypeck/Three credits
ACC 126 PRINCIPLES OF ACCOUNTING II
A consideration of some of the more complex areas of financial accounting and an introduction to managerial accounting and its role in the planning and control of business operations. Changes in financial position, analysis 54 of financial statements, cost accounting, and budgeting will be examined. The impact of accounting information on internal decision making will be emphasized. Prerequisite ACC125. Foley, Jones, Marino, Niece, Coleman, Piwko/Three credits
MGT 100 INTRODUCTION TO MANAGEMENT
This course introduces a systems approach to managing organizations and focuses on the planning, organizing, leading, and controlling tasks and functions of managers. Students are given the opportunity to development key managerial skills such as self-management, team management and organizational management that support effective performance. The course includes an introduction to basic Microsoft Excel, Word, and presentation software for business communication. MGT 100 should not be taken in same semester as MKT 101. Drouart, Frkal, LeBlanc, Lewis, Pastille, O’Hara/Three credits
MGT 102 INTRODUCTION TO ORGANIZATIONAL BEHAVIOR
This course focuses on developing an understanding of individual characteristics and interpersonal and organizational processes and how they influence organizational outcomes such as performance, creativity, citizenship behavior, stress, deviance and ethical behavior. Students will have an opportunity to develop their managerial/leadership style through experiential learning. Topics include: personality theory, learning, motivation, power and justice, conflict/negotiation skills, decision making, leadership and team dynamics, communication, and organizational culture. Prerequisite: MGT 100
Staff/Three credits
MGT 230 DECISION ANALYTICS FOR MANAGERS
In an increasingly complex world, decision analysis has a major role to play helping produce insight and promote creativity to help decision-makers make better decisions. Business analytics are becoming a critical capability for enterprises of all types, for profit or non-profit, domestic or international. Solving organizational problems requires understanding of many functional areas, including marketing and sales, human resources, accounting, operations, engineering and others. In this course students will gain knowledge of theory and practical applications of decision analysis. Using cases, students will identify pertinent information, perform analysis using key tools including analytical software, and develop effective solutions supported by data. Concepts we will explore include, decision trees, probability, risk assessments, group decision-making, resource allocation and scenario planning. Prerequisites: MGT 100, ECO 115. Staff/Three credits
MKT 101 PRINCIPLES OF MARKETING
This introductory course assesses the impact of environmental forces on the practice of marketing. Students will learn the fundamentals of the marketing mix. The course covers the following: target market identification, market research, consumer behavior, product positioning, distribution, communications (personal selling, advertising, sales promotion, and public relations), and pricing decisions. Should not be taken in same semester as MGT 100. Bailey, Blake, Daniels, DeWitt, Drouart, LeBlanc, Leonard, Lewis, O’Hara/Three credits
ECO 110 PRINCIPLES OF MICROECONOMICS
An examination of the basic theory and performance of the household, business, and government in determining the nature of the output of the economy and its distribution among the members of the society. Policy issues considered may include public control of business, labor unions, agriculture, the environment, income distribution and poverty, and international trade. ECO 110 may be taken to satisfy the Core requirement for either a second scientific or quantitative option or a social science. Prerequisite: MAT 111. (Fall, Spring) Staff/Three credits
ECO 111 PRINCIPLES OF MACROECONOMICS
An analysis of the basic theory of aggregate economic activity and the application of the theory to current policy problems. Topics include national income accounting, the determinants of the level of income and employment, money and banking, fiscal and monetary policies, and economic growth and stability. Prerequisite: ECO 110. (Fall, Spring) Staff/Three credits
ECO 115 STATISTICS
The purpose of this course is to develop an understanding on an introductory level of how statistical inferences are made in the face of uncertainty. The underlying role of probability is stressed. A secondary purpose is the application of various test designs to formulate research 66 questions. These designs include: t tests, analysis of variance, chi square analysis, and linear regression. (Counts as a second math course in the core curriculum) MA114 must be taken prior to or at the same time as ECO115. Prerequisite: CSC113 or CSC110 or successful completion of test-out. (Fall, Spring) Fahy, Kantarelis, Moore, Volz/Three credits
ECO 325 CORPORATE FINANCE
Introduction to the principles and techniques utilized in the financial management of business. Topics to be covered include: interpretation of financial statements, time value of money, stock and bond valuation, ratio analysis, risk and return, capital budgeting, cost of capital, leverage, and capital structure. Prerequisites: ECO 110–111, ACC 125. (Fall, Spring) Fahy, Volz, White/Three credits
INB 306 INTERNATIONAL MARKETING
This course explores marketing across national boundaries and within foreign countries, as well as the coordination of marketing in multiple international markets. It examines plans, strategies, and tactics that are developed to cope with the problems and opportunities presented in the international arena. Specific topics will include cultural differences, marketing intelligence, foreign market entry, product policy, distribution, advertising/promotion, pricing, planning, and controlling the international marketing organization. The student will be exposed to the unique challenges and the decision-making processes that are integral to marketing on a global basis. An appreciation will be developed for the ever-changing environmental factors and risks (economic, cultural, and political/legal) that impact the international marketing field. The course will include readings, lectures, discussions, cases, reports, and presentations. Prerequisites: MGT 100, MKT 101, and Junior/Senior standing or permission of instructor. Diodati, Drouart /Three credits
INB 307 INTERNATIONAL MANAGEMENT
This course provides an in-depth examination of the managerial issues confronting managers as they plan, organize, staff, and control global/transnational operations. The basic premise is that management in a global environment differs in many ways from management of a firm doing business within national boundaries. Specific topics include the cultural context of international business, planning, implementation, personnel selection, labor relations, communication, motivation, control, and ethics/ social responsibility. The course includes readings, lectures, cases, experiential exercises, and discussions. Prerequisites: MGT 100, MKT 101, and Junior/Senior standing or permission of instructor. Diodati, Drouart/Three credits
MGT 400 BUSINESS STRATEGY (CAPSTONE)
This course serves to integrate prior studies in management, marketing, human resources, organizational behavior, production, finance, and accounting. The primary objective is to develop the student’s ability to think strategically in analyzing industry and competitive situations facing a business in order to formulate strategic action plans. Prerequisites: Senior Management, Marketing and International Business majors and ECO 325. Capstone course: must be taken in the undergraduate college at Assumption. Drouart, Morrison, Pastille /Three credits
INB 318 ASIAN BUSINESS PRACTICES
This course examines the evolving business practices of Asian countries vis-à-vis a scrutiny of influences, such as history, geography, demography, religion, value systems, politics/legal structures, and language(s). This will provide the student with both a multicultural sensitivity and a basic set of skills for functioning in specific Asian markets. The course is grounded, but certainly not limited to, the major countries of the region: China (PRC/ROC), Japan, 51070_03_Business.indd 50 7/7/14 12:13 PM
INB 320 EUROPEAN BUSINESS PRACTICES
The course examines the evolving business practices of European countries vis-à-vis a scrutiny of influences, such as history, geography, demography, religion, value systems, political/legal structures and languages(s). This will provide the student with both a multicultural sensitivity and a basic set of skills for functioning in specific European markets. This course is grounded, but certainly not limited to, the major countries of the region: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, and the United Kingdom. Prerequisite: MGT 100, MKT 101, or permission of instructor. Drouart, Diodati/Three credits
INB 334 INTERNATIONAL COMMUNICATION: ORGANIZATIONAL PERSPECTIVES
This course is an introduction to the major theories and concepts of intercultural communication as they apply to business organizations. It emphasizes a process approach to the study of written, oral and non-verbal communication between persons of different cultures as they communicate with each other, work together on teams, and conduct business negotiations. Prerequisite: MGT 100. Morrison /Three credits
BUS 330 GLOBAL SOCIAL ENTREPRENEURSHIP
This course examines the role of microlending as a tool in helping the poor in developing countries obtain small loans to improve themselves, their families and communities. We will explore global poverty with a particular emphasis on its effect in the Philippines and the Congo. We will develop an in-depth understanding of micro finance concepts, theories and practice. Students will experience first-hand how to develop and implement a microlending program. Working in collaboration with Assumptionist priests, students will market the Assumption Microlending Program (AMP), raise donor funds, establish business practices, evaluate loan and regional risks, understand local and national culture where loans are being provided, apply basic accounting practices for the program, and establish monitoring and performance criteria. Throughout the course students will encounter issues related to gender, race, ethnicity, and culture, which all play a role in the establishment and effectiveness of microlending programs. Prerequisites: MGT 100, MKT 101, ACC 125. LeBlanc/Three credits
BUS 399 INTERNSHIP IN BUSINESS
This course is open to junior/senior students approved by the instructor who meet the college-wide internship standard of a minimum GPA of 2.8. It provides the interning student with a valuable experiential learning opportunity, and includes field-based training experience in either the private, industrial, not-for-profit, or governmental sectors. Students must attend weekly seminar meetings to complete regular academic assignments and process observations about the internship experience. Students complete a major paper that links theory in the field to the internship experience. Dewitt/Three credits
ECO 353 INTERNATIONAL TRADE
An examination of the theory of international trade and policies followed by governments with respect to trade of goods and services among countries. Theory examines the gains from trade under classical and modern assumptions, and the impact of various measures used by governments to either restrict or promote trade. Policy analysis focuses on U.S. trade policies and the role of the World Trade Organization. Current topics include trade and the environment, NAFTA, U.S.-China trade, and others as appropriate. Prerequisites: ECO 110 and Junior/Senior standing. (Fall) Kantarelis, McGee, Rao/Three credits
ECO 354 INTERNATIONAL FINANCE
This course covers open economy macroeconomics. Topics include: balance of payments accounting, exchange rate determination, monetary and fiscal policy, and macroeconomic modeling. After examining standard theories and models, the course will explore case studies from recent history in numerous countries. The case studies will focus on: debt and balance of payments crises, speculative currency attacks, European monetary union, International Monetary Fund policy, and the value of the U.S. dollar. Students will engage in research projects. Prerequisites: ECO 110–111 and Junior/Senior standing. (Normally once per year)
Kantarelis, Rao/Three credits
Additional courses are required in the areas of Foreign Language Geography, History, Philosophy, Political Science, Anthropology and Theology.