Business MBA Syllabus-Principles of Accounting

Business MBA Syllabus-Principles of Accounting

SCHOOL OF BUSINESS ADMINISTRATION

1.           COURSE NUMBER & TITLE: BUS 403 ‑ Principles of Accounting

2.            COURSE DESCRIPTION: An introduction to basic accounting concepts and practices. Explores the basic

               processes of financial record‑keeping leading to the preparation of basic financial documents and their use as

               tools of managerial control and analysis.

3.            COURSE GOALS: Participants in this course will be expected to:

3.1          Acquire an understanding of basic accounting concepts and practices.

3.2          Learn the basic processes of financial record keeping.

3.3          Be able to prepare basic financial documents

3.4          Understand the use of accounting data as bases for control, analysis and        decision making.

3.5          Recognize the importance of accounting data as a form of communication

4.            COURSE CONCEPTS:

4.1          Assets

4.2          Liabilities

4.3          Net Worth

4.4          Balance Sheet

4.5          Income statement

4.6          Profit & loss statement

4.7          Journals

4.8          Return on investments

4.9          Trend analysis

4.10       Equity‑to‑debt ratios

4.11       Accounting cycles

4.12       Auditing

4.13       First‑in‑First‑Out vs. Last‑in‑First‑Out

4.14       Budgeting

4.15       Original Cost vs. Reproduction‑Cost New

5.            LEARNING ACTIVITIES:

5.1          Reports and projects

5.2          Reading assignments

5.3          Library research

5.4          Problem solving

5.5          Oral discussion with instructor

5.6          Term papers

5.7          Exams & quizzes

6.            PERFORMANCE REQUIREMENTS:

6.1          Distinguish between accounting and bookkeeping and discuss the impact of computer technology on both.

6.2          Explain the generally accepted accounting principles and describe the process by which they are established.

6.3          Describe the events recorded in accounting systems and the importance of sources documents and business papers in those systems.

6.4          Discuss the use and utility of financial statements as means of communication within the firm, and between the firm and external parties.

6.5          Explain how you would create an accounting system for a newly created business producing tangible products for sale to consumers.

6.6          Describe internal control procedures used to protect cash received from cash sales, cash received through the mail, and cash disbursements.

6.7          Explain the concept of depreciation and give an analytical comparison of the major methods of depreciation accounting.

6.8          Discuss procedures involved and possible problems encountered in accounting for assets and liabilities of corporations and partnerships.

6.9          Explain the concept of cash flow and why cash flow information is important to decision making.

6.10       Discuss the unique features of managerial accounting and cost accounting and their relationships to financial accounting.

6.11       Identify five new production management concepts and explain how they influence job order accounting systems.

6.12       Describe activity-based costing and its advantages for generating useful information for use by management.

6.13          Calculate the break-even point for a single-product company and explain why break-even procedures can contribute to good cost-volume-profit analysis.

6.14          Identify major benefits from budgeting, describe the components of a master budget, and list the sequence of steps in preparing a master budget.

6.15          Explain the nature and importance of capital budgeting and how information about incremental costs affects decisions such as accepting or rejecting additional volume.

7.            ASSESSMENT PLAN:  Students are required to complete all  performance requirements & demonstrate

               mastery by means such as examinations, paper writing, oral presentations & course-work.

8.            RECOMMENDED TEXT: 

               Larson, Kermit D., and Chiappetta, Barbara: Fundamental Accounting Principles.Chicago, IL: R.D. Irwin.

9.            RECOMMENDED REFERENCES:

              

               Eason & Burnet;  Essentials of Accounting.  South-Western Publishing

               Larson, Kermit D., Miller, Paul B.W.: Fundamental Accounting Principles.Homewood, IL: R.D. Irwin.

11/28/98 RFT

Business MBA Syllabus-Personnel Management

Business MBA Syllabus-Personnel Management

SCHOOL OF BUSINESS ADMINISTRATION

1.            COURSE NUMBER & TITLE:   BUS 402 ‑ Personnel Management

2.            COURSE DESCRIPTION:   An introduction to principles and techniques of personnel management.  Covers the recruitment, training, promotion and compensation of employees in conformance with laws, union contracts and economic structures. Emphasis on the effective use of personnel to achieve goals of the firm.

3.            COURSE GOALS: Participants in this course will be expected to:

3.1          Recognize the role of employees as human resources.

3.2          Learn major goals and activities of the personnel manager.

3.3          Acquire an understanding of problems and solutions in        personnel management.

3.4          Gain an appreciation of various motivators influencing        employee performance.

3.5          Know major figures in the development of personnel management theories.

3.6          Recognize and comprehend theories of performance motivation.

3.7          Gain an understanding of psychological principles used in personnel administration.

3.8          Become aware of major legal, social and political forces effecting personnel.

4.            COURSE CONCEPTS:

4.1          Recruitment

4.2          Selection

4.3          Training and development

4.5          Employee review and evaluation

4.6          Industrial relations

4.7          Career development

4.8          Job definitions and descriptions

4.9          Motivation

4.10       Leadership styles

4.11       Employee benefits

4.12       Work environments

4.13       Personnel planning and forecasting

4.14       Work force composition and quality

4.15       Frustration and conflict

4.16       Collective bargaining

5.            LEARNING ACTIVITIES:

5.1          Reports and projects

5.2          Reading assignments

5.3          Library research

5.4          Problem solving

5.5          Oral discussions with instructor

5.6          Term papers

5.7          Exams and quizzes

6.            PERFORMANCE REQUIREMENTS:

6.1             Discuss the activities and importance of the personnel manager as a member of the top management of a firm.

6.2             Identify, and propose solutions to, potential problems arising from equal employment opportunity legislation.

6.3             Explain how job analysis and design can assist the human resources manager in meeting the personnel requirements of the firm.

6.4             Identify, and propose solutions to, possible problems encountered in testing and interviewing potential employees.

6.5             Discuss the differences between training managers and supervisors vs. training non-managerial employees.

6.6             Outline a program you would develop for appraising and improving performance in a small manufacturing firm.

6.7             Discuss the use and utility of incentives as part of an employee compensations system.

6.8             Defend your opinion the employee’s “fringe benefits’ are, or are not, a desirable element of total compensation.

6.9             Show effective communication can contribute to creating a productive work environment.

6.10          Discuss the role and effectiveness of modern labor unions as a part of total human resources management.

6.11          Discuss the role of the manager of human resources in the collective bargaining and contract administration process.

6.12          Outline a program you would manage to develop procedures for handling employee discipline problems.

6.13          Explain how the growth of globalization has affected the process of human resources management.

6.14          Identify, and propose solutions to, problems resulting from having a work force composed of employees from a variety of cultural, ethnic, and social backgrounds.

7.            ASSESSMENT PLAN:  Students are required to complete all performance requirements and demonstrate        mastery by means such as examinations, paper writing, oral presentations and course-work.

8.            RECOMMENDED TEXT: 

Sherman, Arthur; Bohlander, George; and Snell, Scott; Managing Human Resources. Cincinnati, Ohio; South-Western Publishing Co.

9.            RECOMMENDED REFERENCES:

               Ivancevich, John M.; Human Resource Management: Founda­tions of Personnel. Homewood,IL: R.D.

               Irwin, Inc.

Schuler, Randall S. & Vandra L. Huber; Personnel and Human Resources Management, Los Angeles;

               West Publishing Co.

              

Strauss, George; Personnel: The Human Problems of Management. Englewood Cliffs, NJ;                Prentice‑Hall.

               Chruden, H.J. & Sherman, A.J.; Personnel Management: The Utilization of Human Resources.                Cincinnati, OH: South‑Western Publishing Co.,

4/24/98

Business MBA Syllabus-Introduction to Business

Business MBA Syllabus-Introduction to Business

SCHOOL OF BUSINESS ADMINISTRATION

1.            COURSE NUMBER & TITLE: BUS 401 ‑ Introduction to Business

2.            COURSE DESCRIPTION: A course designed to introduce the student to the composition and                functioning of the business world. The student is made aware of the actions and effects of elements such as               markets, labor, the legal environment, management and financial institutions in the American      economy.

3.            COURSE GOALS: Participants in this course will be expected to:

    

3.1          become familiar with the activities and effects of major elements of American business.

3.2          recognize and differentiate between major forms of business organizations.

3.3          understand the goals and activities of labor.

3.4          become aware of the presence and activities of government in the business world.

3.5          distinguish between the different types of markets.

3.6          appreciate the role of management.

3.7          learn international aspects of business.

3.8          gain an understanding of the activities of the Federal Reserve, commercial banks and other financial              institutions.

4.            COURSE CONCEPTS:

4.1          Corporations, partnerships and proprietorships.

4.2          Labor unions, collective bargaining, shops, strikes, walkouts, compensation.    

4.3          Taxation, banking, debt management, fiscal policy, money, credit,  monetary policy, borrowing.

4.4          Trade balances, tariffs, quotas, foreign exchange, agreements, embargoes reciprocity.

4.5          Oligopoly, monopoly, pure and perfect competition, monopolies­      tic competition.

4.6          Risk, decision‑making, coordination, profit seeking.

5.            LEARNING ACTIVITIES:

5.1          Reports and projects

5.2          Reading assignments

5.3          Oral discussions with instructors

5.4          Problem solving

5.5          Library research

5.6          Term papers

6.            PERFORMANCE REQUIREMENTS:

6.1             Make a comparative analysis of planned economies and market economies in terms of features, strengths, and weaknesses of each.

6.2             Identify major business environments and show how each influences the activities of a firm.

6.3             Explain entrepreneurship and its’ role in the modern American economy.

6.4             Describe some of the ways in which social, cultural, economic, legal, and political differences between nations affect international business.

6.                PERFORMANCE REQUIREMENTS:(Continued)

6.5             Show how the concept of social responsibility applies to environmental issues and to a firm’s relationships with customers, suppliers, employees, and investors.

6.6             Define the four components of the management process and explain the role of each in a business organization.

6.7             Explain the differences between functional, matrix, divisional, and international organizational structures.

6.8             Explain human resource management and its’ role in achieving the goals of the firm.

6.9             Identify and analyze the most important theories of employee motivation.

6.10          Discuss the three categories of organizational markets and explain how organizational buying behavior differs from consumer buying behavior.

6.11          Identify the various pricing objectives that govern pricing decisions and describe the price-setting tools used in making these decisions.

6.12          Compare the five basic forms of transportation and explain how distribution can be used as a marketing strategy.

6.13          Identify the major objectives of product promotion and discuss the considerations involved in selecting a promotional mix.

6.14          Identify the characteristics that distinguish service operations from goods production and explain the main differences in the service focus.

6.15          Discuss the interrelationships between output, productivity, and quality.

6.16          Explain why businesses must manage information and show how computer systems and communication technologies have revolutionized information management.

6.17          Describe the three basic financial statements and show how they reflect the activity and financial condition of a business.

6.18          Discuss the activities and economic effects of the federal reserve as a central bank of the United States.

6.19          Define the major types of securities and explain the role of securities markets in the Unites States economy.

6.20          Explain how risk affects business operations and the role of financial management in minimizing risk.

7.            ASSESSMENT PLAN: Students are required to complete all performance requirements and demonstrate        mastery by means such as examination, paper         writing, oral presentations and course work.

8.            RECOMMENDED TEXT:

   

               Griffin, R. W. and Ebert, R. J.: Business. 7^th Edition. Englewood Cliffs, NJ. Prentice Hall, 2004,

9.            RECOMMENDED REFERENCES

               Kreitner, Reece, & O'Grady; Business. Boston, MA: Houghton‑Mifflin.

               Pride, Hughes, & Kepoor;  Business.  Boston, MA: Houghton-Mifflin.            

Blake, Robert R. and Jane S. Mouton: Productivity: The Human Side. New York: American Management Association: 1981.

DeNisi, Angelo S. and Ricky W. Griffin: Human Resource Management. Boston; Houghton Mifflin; 2001

Evans, James and James Dean, Jr.: Total Quality: Management, Organization and Strategy, 2^nd Edition. Cincinnati; South-Western; 2000

Foster, S. Thomas, Jr.: Managing Quality: An Integrative Approach. Upper Saddle River, NJ; Prentice Hall; 2001

Heizer, Jay and Barry Render: Operations Management, 6^th Edition. Upper Saddle River, NJ; Prentice Hall; 2001

9.                RECOMMENDED REFERENCES CONTINUED:

Heyne, Paul, Peter J. Boettke, and David L. Prychitko: The Economic Way of Thinking, 10^th Edition. Upper Saddle River, NJ; Prentice Hall; 2003.

Horngren, Charles T. Et Al: Accounting, 5^th Edition. Upper Saddle River, NJ; Prentice Hall; 2002

Husted, Steven and Michael Melvin: International Economics, 5^th Edition. Boston; Addison Wesley Longman; 2001.

Hutt, Michael D. and Thomas W. Speh: Business Marketing Management, 6^th Edition. New York; Dryden Press; 1998.

Laudon, Kenneth C. and Jane P. Laudon: Management Information Systems: Managing the Digital Firm, 7^th Edition. Upper Saddle River, NJ; Prentice Hall; 2002.

Moorhead, Gragory and Ricky W. Griffin: Organization, 6^th Edition. Boston; Houghton Mifflin; 2001.

Revised 7/14/03 RH