Introduction to
accounting and the accounting profession with a focus on the use of accounting information by
external decision makers (financial accounting). Emphasis on recording economic transactions,
financial reporting and analysis of financial statements. This course is
required for all business
majors and minors.
A continuation
of the introduction to accounting with a focus on the use of accounting
information by internal
decision makers (managerial accounting). Topics include budgeting,
cost-volume-profit analysis,
standard costing, responsibility accounting and performance evaluation. This
course is required for
all business majors. Prerequisite: BUAD 201.
Introduction to
essential principles of management that are necessary for more advanced
business study and/or
employment in large and small organizations. Major topics include functions of
management such as
planning and organizing work tasks, coordination and control, foundations of
individual and group behavior,
motivation, leadership, decision making, change management and communication. Emphasis is on
skill development (team and interpersonal).
Introduction to
marketing emphasizing the process of planning and executing the conception,
pricing, promotion and
distribution of ideas, goods, and services for not-for-profit organizations and
business firms. Includes
study of end consumer and organizational market needs, marketing research,
marketing planning,
market segmentation, product development, promotion, advertising, personal
selling, publicity,
sales promotion, direct marketing and channels of distribution. Occasionally
taught in Rome.
Provides an
overview of personal legal and financial knowledge. Topics may include
budgeting, investment
basics, employee benefit selection, tax return preparation, debt management,
legal aspects of housing,
buying/leasing an automobile, contract law and negotiation, and dispute
resolution. Business majors may
receive credit for BUAD 240 or 314, but not both. Appropriate for non-business
students. Prerequisite:
Junior or senior standing.
Systematic
analysis and evaluation of business values, ethical climates of corporate
cultures, and the moral issues
encountered in business practice. Students develop an ethical framework for
future decision making
through cases, reading and discussions. (Also listed as JUST 241).
This course
will provide the financial knowledge that will help make informed decisions in
the real world. Topics
covered at a basic level may include: investing, including 401Ks and IRAs,
credit management,
budgeting, taxes, and insurance. No prior knowledge of business is required.
Free elective credit only.
Appropriate for non-business students. Prerequisite: Junior or senior standing.
A one-week
experiential learning opportunity centering on the American business climate.
Through a variety of
activities before, during, and after the trip, students will broaden their
understanding of diverse business
contexts, industries and careers. Office visits may include American and
multi-national corporations,
private and public companies, exchanges, and federal or state agencies that
support or regulate
commerce and trade. Note: Offered as a travel course fall/spring break or summer.
Analysis and
interpretation of current accounting theory and practice; accounting problems
involving cash,
receivables, inventories, fixed assets and current liabilities. Prerequisites:
BUAD 202; CPSC 102 or 207.
Continuation of
BUAD 301; emphasis on accounting concepts and application involving analysis of long-term
liabilities and stockholders’ equity; preparation of statement of cash flows;
correction of errors and
accounting changes; accounting for pensions, leases, and deferred taxes.
Prerequisite: BUAD 301.
Theory and
practice of accounting for costs in different sectors of the economy,
especially in manufacturing companies. Study
of particular topics includes job order and process costing, cost-volume-profit relationships,
variable costing, balanced scorecard, and variance analysis, static and
flexible budgets, and relevant costs
for decision making. Behavioral issues are also considered. Prerequisite: BUAD
202.
Study of the
federal law as it relates to the taxation of individuals. Topics covered
include: income, deductions,
gains and losses, and alternative methods of computing tax. Special emphasis on tax planning.
Accounting for
governmental units, colleges and universities, hospitals, voluntary health and
welfare organizations,
and other non-profit organizations; emphasizing the differences between
generally accepted
accounting principles for business and non-business enterprises. Prerequisite:
BUAD 301.
Introduction to
occupational fraud and abuse. Students will learn how and why occupational
fraud is committed,
how fraudulent conduct can be detected, and how allegations of fraud should be investigated
and resolved. Prerequisite: BUAD 201.
Addresses: (1)
What investments should the firm make? (2) What type of financing should be
used to pay for the
investments? (3) How should the daily financial activities be managed to meet
cash requirements?
The concepts, tools, and techniques acquaint students with the financial
manager’s activities and
decision making processes. Prerequisites: BUAD 201; and ECON 251 and 252, or
151.
Studies
marketable securities such as common stock, bonds and warrants; analysis of the
contractual characteristics
of these assets, the markets in which they are traded and factors affecting
investment decisions.
Prerequisite: BUAD 312.
Presents an
overview of personal financial management from the perspective of a
professional financial planner.
Students gain an appreciation of the need for comprehensive financial planning
and a working
knowledge of how to carry it out effectively. Topics include financial
statement preparation and analysis,
debt management, risk management and insurance, investments, retirement and
estate planning, and
the duties and responsibilities of a professional financial planner.
Prerequisite: BUAD 312 (or
concurrently).
Studies the
management of financial institutions, with a focus on the asset/liability
management theme. Topics include
financial markets and interest, interest rate risk management, depository
institution management, and
regulatory aspects and policy formulation in a rapidly changing environment. Prerequisite:
BUAD 312.
An integrative
course in financial decision making with emphasis on the management of
long-term assets and
sources of funding. Cases employing spreadsheet financial models are used to
blend theory with practice.
Prerequisites: CPSC 102 or 207 and BUAD 312.
Studies a
company’s financial position and the results of operations by using its
financial statements: the balance
sheet, income statement, retained earnings statement, and statement of cash
flows. Topics include
valuation of a firm’s equity and debt securities, and evaluation of
short-and-long term credit. Prerequisite:
BUAD 312.
Introduces
students to the principles and theories of human resource management
emphasizing the strategic role
of human resource managers as partners with line managers. Topics include
social, legal and ethical
considerations of HR; workforce diversity, EEO, and affirmative action; job
analysis and human resource
planning; recruitment; selection; training and development; performance
appraisal; compensation
and benefits; safety and health at work and employee and labor relations.
Prerequisite: BUAD 221.
The course
focuses on human behavior in organizational settings, the organization itself,
their intersection
and small group processes. Topics include OB across cultures, perception and
attribution, personality and
individual differences, motivation theories and their application, group
dynamics, teams at work, power
and politics, organizational processes of communication, decision making,
change and conflict and
negotiation, organizational culture and organizational design for strategic
competency. Prerequisite:
BUAD 221.
Highlights
challenges faced by women and persons of non-Euro-American background in the management
world. Topics include changing nature of the of the workforce, barriers faced
by women managers,
gender differences in communication styles, glass ceiling, career breaks and
re-entry into work, work-life
balance, dual-career issues, sexual harassment, working with diverse groups
including African
Americans, Latino Americans, Asian Americans, Arab Americans, organizational
pay-offs of pursuing
diversity. Prerequisite: Junior/Senior standing or permission of instructor.
Study of the
various types of advertising and promotion used in today’s society, how the
consumer perceives a
product, the purposes of a promotional campaign and how an organization determines the type of
promotion it will use. Topics include advertising, sales promotion, publicity
and direct marketing.
Cannot receive credit for both BUAD 331 and COMM 406. Prerequisite: BUAD 231.
The role of
research in marketing decision-making. Includes marketing problem definition,
questionnaire development,
sample selection, data analysis, survey methodology, sources of secondary data
and presentation of
research results. Prerequisite: BUAD 231.
Basic study of
consumer, business and non-profit organization buyers. Emphasis on cultural,
social, psychological,
and demographic influences on the buying decision process. Development of
analytical skills used as
basis for other marketing electives. Prerequisite: BUAD 231.
Design of
experiment, sampling and probability modeling. Analysis of variance,
regression, index numbers, time
series and goodness of fit. Emphasis on applications to business and economic
decision making. Prerequisite:
MATH 114 with a grade of “C” or better (also listed as MATH 241).
Introduction to
legal reasoning and the legal environment of business, including the structure
and operation of
the judicial process and alternate dispute resolution mechanisms; the laws of
contracts and sales,
agency, bailments and torts.
Introduction to
essential aspects of written and oral business communication that include
interpersonal skills, making
oral presentations, effective listening, giving feedback, writing business
letters, reports, proposals,
memos and e-mails. The course also examines gender differences and
cross-cultural differences in
communication.
Travel to
various international locations as part of a summer travel program or from
Saint Mary’s Rome campus.
Lectures on topics in International Business will be interspersed with field
trips to businesses and
governmental/ trade organizations. Students may enroll for up to three credits
with a major paper required.
Students with a concentration in International Business may count this course
toward their requirements.
Prerequisite: BUAD 221 or 231, or ECON 251 or 252.
The
presentation of selected subjects of special relevance not included in regular
departmental offerings. Prerequisite:
established by the instructor.
Accounting for
partnerships, business combinations, consolidated entities, business
liquidations, and bankruptcy. An
overview of the federal regulation of securities transactions. Prerequisite:
BUAD 302.
Principles,
standards and procedures underlying the audit of financial statements. Topics include
the legal aspects of auditing, internal control, preparation of related working
papers and the audit report. Prerequisite:
BUAD 302.
Preparation of
federal and state income tax returns for low-income individuals. (Cross-listed
with University of
Notre Dame, College of Business Administration course ACCT 486-Tax Assistance Program.)
Graded S/U. Prerequisite: BUAD 304. May be repeated for credit.
Study of the
federal tax law as it relates to the taxation of individuals, corporations, partnerships,
estates, and trusts.
Other advanced topics include emphasis on tax research and tax planning.
Prerequisite: BUAD 304.
An examination
of the causes and consequences of the diverse accounting practices of
international business and
the resultant impact on multinational enterprises; emphasis on currency
translation, taxation and
reporting. Prerequisite: BUAD 202.
This course
taught in French offers extensive reading practice in a variety of content
areas, such as business,
economics, political science and social sciences, and acquaints the students
with the culture of business as
well as the socio-political climate of French-speaking countries. Students will
read and discuss French
magazine and newspaper articles, and excerpts from books on issues in the
French speaking world (also
listed as MLFR 408).
International
aspects of corporate financial management, focusing on financial problems
unique to firms doing
business overseas. Topics covered include exchange rate determination, exchange
exposure, political risk,
direct foreign investment, international capital markets, funds management,
international banking, and
financial trade. Prerequisites: BUAD 312 and MATH 114.
Analysis of the
global dimensions of management covering topics as strategy, managing,
political risk, communication
and motivation in cultural complexities, organizing international operations,
negotiations, selection
training, repatriation, ethics, women in multinational corporations, and
current topics. Team case
analysis, projects and exercises are used to introduce a variety of important
skills needed in international
operations. Prerequisite: BUAD 221.
An introduction
to operations research—quantitative models used in management decision-making. The course will
focus on the models as tools, with computer software used extensively for
problemsolving and
assignments. Case studies are used. Prerequisites: MATH 114 and BUAD 221 (also
listed as MATH 251).
Study of
structures and practices of retailing. Emphasis on current and emerging
retailing concepts including
category stores, cable shopping networks and e-commerce on the Internet. Topics
include strategies,
merchandise policy, site selection, pricing, and financial control.
Prerequisite: BUAD 231.
Analysis of the
functional and environmental differences peculiar to marketing internationally. Emphasis on
developing skills of research, cultural sensitivity, analysis, oral and written
communication skills with
country description and export feasibility projects including international
documentation. Prerequisite:
BUAD 231.
Study of the
different opportunities, duties, responsibilities, and ethics relating to sales
management and
professional selling in organizations. Emphasis will be on developing the
knowledge, attitudes, and skills
essential in assessing and meeting client needs for effective selling.
Study of the
marketing management activities of planning, organizing, implementing and
controlling the marketing
mix with emphasis on small and mid-sized businesses through an entrepreneurial
project. Prerequisite:
BUAD 231.
Continuation of
the study of the relationship between law and business, including securities
law, commercial
paper, secured transactions, bankruptcy, insurance and trusts. Recommended for
students concentrating
or majoring in accounting. Prerequisite: BUAD 344.
An integrative
course in top management decision-making with an emphasis on the process of
strategic planning. Cases
are used to develop analytical, ethical, teamwork and communication skills
important in the business
environment. Prerequisites: Senior standing, completion of substantially all
other major core
requirements. Offered fall semester only.
A study of the
laws that impact international trade. Topics include the legal environment of international
business; international sales, credits and commercial transactions; and
international and U.S. trade
law.
An opportunity
for in-depth self-study (with faculty supervision) of a topic in business or
economics not otherwise
offered by the department. This course will count only as a college free
elective and does not
fulfill any Business Administration or Economics requirements. Graded S/U.
Prerequisite: permission of
department chair.
Professional
work experience with a business or non-profit organization in a specific
concentration or major. A
student works 8-10 hours per week and makes periodic written reports and oral
presentations. The Internship
in Business course may not be used to satisfy any major requirements. Graded
S/U. Prerequisite: Senior standing (or spring semester Junior
year) and permission of department chair. Open to BUAD,
ECON and MIS majors.
Provides the
non-business major with basic economic concepts along with a wide variety of contemporary
economic issues. Topics include demand and supply, unemployment, inflation, monetary and
fiscal policies, international trade problems, and reasons for government intervention. This course
does not count toward a major in business administration, economics, or MIS and
will not substitute for ECON 251 or 252.
Economic
principles relating to the functioning of the aggregate economy, including the
fundamentals of national
income measurement and determination, money and banking, fiscal and monetary
policies and economic
growth.
Economic
principles relating to the determination of prices and output under
competition, monopoly and other
market structures. The theory of consumer demand, analysis of the cost
structure of the firm, pricing and
employment of resources, and distribution of income.
National income
analysis, principles and problems of income determination, inflation, economic growth and
economic stability. Prerequisites: ECON 251, 252.
Builds upon
microeconomic principles to examine various economic issues and uses more
sophisticated concepts.
Emphasis is on consumer behavior and theory of the firm. Prerequisites: ECON
251, 252.
Examination of
the process of economic growth. Particular attention is given to the problems
faced by developing
nations and to the alternatives open to these countries. Prerequisites: ECON
251, 252.
Study of the
economic systems used to allocate resources in various countries. Attention is
focused on capitalism,
socialism and the mixed economies of Europe. Prerequisites: ECON 251, 252.
Analysis of the
role of the government in a market economy and the subsequent effects of
government intervention on
the allocation of resources. Emphasis will be placed on economic policies such
as tax reform,
provision of public goods and government regulations. Prerequisites: ECON 251,
252.
Examination of
the demand and supply of labor, human capital theory and income distribution.
Issues include poverty
and discrimination, migration, gender pay gap, welfare reform and economic
effects of unions.
Prerequisites: ECON 251, 252.
Detailed study
of the leading economic concepts and schools of economic thought from the Greek philosophers up
to and including post-Keynesian developments.
Prerequisites: ECON 251, 252.
Introduction to
the pure theory of trade, protectionism, factor mobility, and the foreign
exchange market. Income,
price, and policy adjustments to balance of payments disequilibria under fixed
and flexible
exchange rates. Prerequisites: ECON 251, 252.
The
presentation of selected subjects of special relevance not included in regular
departmental offerings. Prerequisite:
Established by the instructor.
Designed as a
senior level, second semester course that applies intermediate level macro- and microeconomic
theory to current issues. It also seeks to foster communication skills and to
utilize the research
methods and techniques acquired in Statistical Applications (BUAD 341).
Prerequisites: BUAD 341, ECON
351, 352.
An opportunity
for in-depth self-study (with faculty supervision) of a topic in economics not
otherwise offered by the
department. This course will count only as a college free elective and does not
fulfill any Business
Administration or Economics requirements. Graded S/U. Prerequisite: permission
of the department
chair.
