GRADUATE COURSE DESCRIPTIONS

ACCOUNTING AND TAXATION COURSES (ACCT)

Accounting majors acquire the skills to plan, implement and control managerial activities and financial operations within organizations. They may go on to become professional Certified Public Accountants and go into business for themselves or work in a professional accounting firm. Accounting is an essential business function.

ACCT 500 Accounting Function in Business (3 Credits)

Meaning, uses, and limitations of the historical and projected quantitative data produced by accounting information by marketing, production, and financial executives in planning and controlling business operations and by investors, creditors, governmental agencies, and other external groups having an interest in operating results and financial position of business firms. This course is a part of the graduate core.

ACCT 501 Advanced Accounting (3 Credits)

Advance accounting deals with branch accounting, mergers and consolidation.

ACCT 511 International Accounting and Taxation (3 Credits)

Focuses on international problems and injects broadest possible perspective into the development and application of accounting thought. Covers concepts such as replacement values in accounts or most reasonable premise of financial statement consolidation for purposes of reporting to stockholders; differences in methods and procedures, e.g., translation of foreign currency amounts and providing for depreciation.

ACCT 515 Certified Public Accounting Review (3 Credits)

A complete review of accounting theory and practice, business law, ethics, taxation and auditing in preparation for taking the November Uniform Examination for Certified Public Accountants (offered once each year). Computer assisted instruction is included in both. Courses need not be taken in sequence.

ACCT 520 Special Topics in Accounting I (3 Credits)

This course provides an opportunity for students to study, in a variety of formats, advanced topics in Accounting, which may be not be included else where in the curriculum.

Prerequisite: Approval by the Department Chair.

ACCT 521 Special Topics in Accounting II (3 Credits)

This course provides an opportunity for students to study, in a variety of formats, advanced topics in Accounting, which may be not be included else where in the curriculum.

Prerequisite: Approval by the Department Chair.

ACCT 536 Managerial Accounting (3 Credits)

Case studies detail techniques of cost accounting, internal auditing, and controllership and provide understanding of important dimensions of the management function of accounting.

ACCT 541 Accounting Theory and Practice (3 Credits)

Broad examination of major theoretical concepts underlying accounting theory and practice; determination and time of income, asset valuation, liabilities, corporate stock equities, and other fundamental accounting areas. Basic aim of the course is to develop breadth of viewpoint and perspective needed for today's practice; determination and time of income, asset methodology of research.

ACCT 542 Advanced Accounting Theory and Practice (3 Credits)

Aim is to prepare candidates for the theory and practice portions of the CPA exam, as well as to sharpen skills of practicing accountants.

Prerequisite: ACCT 541.

ACCT 550 Directed Research I (3 Credits)

Open only to students with 3.5 or better grade point average. Focus is on current topics in accounting or taxation.

ACCT 551 Directed Research II (3 Credits)

Open only to students with a 3.5 or better grade point average. Focus is on current topics in accounting or taxation.

ACCT 570 Corporate Taxation (3 Credits)

Routine tax problems peculiar to business conducted in the corporate form of business organizations, including routine reporting of business revenues and expenses. Problems which the distribution of corporate assets impose on both the corporation and its stockholders.

ACCT 575 Federal Estate Planning and Taxation (3 Credits)

Review of federal estate and gift taxes, state inheritance taxes, and income taxation of estates and trusts. Also includes an introduction to estate-tax planning.

ACCT 576 Special Topics in Taxation I (3 Credits)

This course provides an opportunity for students to study, in a variety of formats, advanced topics in Taxation, which may be not be included else where in the curriculum.

Prerequisite: Approval by the Department Chair.

ACCT 579 State and Local Taxation (3 Credits)

Tax jurisdiction of states and local governments in the United States and the substance and procedures of the principle types of taxes enacted at those levels, including income, franchise, general sales, use, selective excise, inheritance, estate, real and personal property, and sumptuary taxes, as well as certain charges.

ACCT 580 Federal Taxation I (3 Credits)

Federal Taxation I treats principles and practice of federal tax with topics including gross income, itemized deductions, capital gains and losses, net operating loss, carrying forward and back, history of taxation, inception of law, credits, exemptions, tax research, and operation of tax forms.

ACCT 581 Federal Taxation II (3 Credits)

Federal Taxation II deals with more involved problems of income determination, reorganization, partnership and specially taxed corporations, foreign taxes, Social Security, estate and gift taxes, and administrative procedures.

ACCT 582 Federal Taxation III (3 Credits)

Federal Taxation III provides an in-depth understanding of a broad spectrum of federal income taxation and a review of tax procedures and law for the Internal Revenue Service Special Enrollment Examination. It is useful as a refresher course in federal tax procedures for the tax practitioner. Courses need not be taken in sequence, but ACCT 580 and ACCT 581 should be taken before ACCT 582.

ACCT 583 Research Practice and Procedures I (3 Credits)

Comprehensive review of the theory and practice of tax research, introduction to tax jurisprudence, principles of practice before the Internal Revenue Service, and courts with tax, jurisdiction. This course is considered as the last several courses that students should take. ACCT 584 is a continuation of ACCT 583.

ACCT 584 Research Practice and Procedures II (3 Credits)

This is the capstone of the curriculum. The student is required to complete a project in a special topic related to tax theory, tax preparation, tax court, or Internal Revenue Service, etc. This course must be taken during the student's final term and the grade of this course is pass or fail.

Prerequisite: ACCT 583

ACCT 585 Computerized Accounting Information Systems (3 Credits)

Design, development of general and specialized accounting computerized information systems including the role of accounting information systems within the business operating environments.

ACCT 586 Taxation of Pensions and Other Deferred Compensation (3 Credits)

Advanced treatment of the problems of tax consequences of pensions, profit sharing plans, and stock options for corporation employees and self-employed persons.

ACCT 587 Taxation of Partnerships and Passive Activities (3 Credits)

Problems relating to the organization, operation, and dissolution of businesses operating in the partnership form of business organization, including passive activity losses, death and retirement of partners and the admission of new partners.

ACCT 588 Seminar in Advanced Taxation Problems (3 Credits)

Seminar deals with any problem or problems deemed appropriate and topical at the time offered and should be taken as one of the final courses in the graduate tax program

ACCT 595 Forensic Accounting (3 Credits)

Focuses on skills needed to perform forensic accounting assignments in the areas of financial fraud detection, investigation and prevention.

ACCT 596 Financial Accounting Standards (3 Credits)

Provides students with a critical understanding of financial accounting standards and professional standards in response to the Sarbanes-Oxley Act, its implementing standards procedures, and the Statement on Auditing Standards Number 99 (SAS 99)

ECONOMICS COURSES (ECON)

Economics is the study of the allocation of scarce resources among completing ends. It is a fundamental building block for courses in business management.

ECON 501 Economic Analysis for Management (3 Credits) (Formerly SOSC 501)

An intensive course in economic theory, intended to familiarize students with the foundation of economic analysis and reasoning, and serve as a refresher course for economics majors. The course will include an evaluation of a business firm and its objectives within the framework of a free enterprise system; consumers behavior; the relationship between market structure and determination of output and prices as well as input prices determination; an evaluation of the principal models of national income determination and a summary presentation of the most important current issues and an outline of the possible policy alternatives.

FINANCE AND BANKING COURSES (FIBA)

FIBA 500 Financial Management (3 Credits)

Basic financial principles and analytical techniques relating to the computer. Topics include overall financial analysis, planning, and control; sources and uses of funds; capital budgeting; valuation and cost capital; operational and financial leverages; working capital management; inventory and portfolio management; long-term investment decisions; timing of financial policy. This course is part of the graduate core.

FIBA 502 Corporate International Finance (3 Credits)

From the perspective of corporate financial management, exchange rate and balance of payments theory; the international financial system; international capital markets and institutions; role of international capital flow in economic development; international cash flow management.

FIBA 503 Financial Statement Analysis (3 Credits)

Managerial requirements for financial data. Evaluation of current techniques of statement analysis. Application of analytic methods to serve financial management needs. Consequences of generally accepted accounting principles.

FIBA 505 Working Capital Management (3 Credits)

The financial manager's viewpoint and knowledge of the money market to meet short-term requirements and to invest temporarily-excess funds. Short-term investing commensurate with risk and return. Techniques used to manage corporate, short-term investment portfolio.

FIBA 507 Commercial Banking Policies (3 Credits)

Overview of the U.S. commercial banking industry and financial institutions; role of Federal Reserve; monetary policies and their effect on money supply and interest rates; policies pertaining to capital resources, profitability of functions and relations to other banks; effect of government regulations and economic conditions.

FIBA 579 Financial Decision Making (3 Credits)

This course is the capstone course for financial management. Financial decision making is examined in the context of real-world situations involving the impact of inflation, taxation, uncertainty and competitive forces. Includes applications in financial theory, analysis of financial statements, time value of money and capital budgeting. This course must be taken within the final two quadmesters of study.

Prerequisites: FIBA 500, FIBA 503.

FIBA 581 (also FIBA 481) Investments (3 Credits)

Security markets; various types of investment securities; recognized accepted tests of safety, income, and marketability; management of portfolios; techniques for analysis and interpretation of corporate reports.

FIBA 582 Real Estate Investment Strategy (3 Credits)

Development of the comprehensive investment analysis tools necessary to make rational and analytical real estate decisions. Principles basic to the formulation of an investment strategy. Definition of investment objectives. Theory and measurement of risk and return.

Prerequisite: ACCT 500, FIBA 500.

FIBA 583 Commercial Lending (3 Credits)

Overview of commercial lending functions with emphasis on responsibilities of the bank loan officer. Topics include the lending process, loan portfolio management, government regulation, new business development, credit analysis, types of commercial loans, and the loan decision process.

Prerequisite: ACCT 500.

FIBA 584 Consumer & Commercial Credit (3 Credits)

Overview of consumer and commercial credit including the management function and government regulations. Introduction to the world of credit including consumer credit, commercial credit, the credit decision, financial statement and analysis, collection policies and practices, and the legal framework (both federal and state) within which consumer and commercial credit operations are conducted.

FIBA 585 International Lending (3 Credits)

Comprehensive overview of international banking, the functions and responsibilities of the international loan officer and the role that commercial and government financial institutions play in facilitating world trade. Includes balance of payments and country risk; letters of credit; principles of foreign exchange; principles of international lending; national and international lending agencies; project financing, and trade financing.

BUSINESS MANAGEMENT COURSES (MGMT)

Business management majors study from a broad and comprehensive perspective. They are prepared for leadership positions in business, government and nonprofit organizations.

MGMT 503 Organizational Theory and Human Resource Management (3 Credits)

Analysis of modern management theories. Development of organizations and problems of leadership posed by organizational structures. Dynamics of organizational behavior and relationship to effective administration. Models of communication, motivation, and leadership are also studied. This course is part of the graduate core.

MGMT 504 Environment and Economics of Business (3 Credits)

Evaluation of the primary international, national, social, economic, and legal forces and constraints acting upon the business enterprises. Links with governments (federal, state, and local), unions, trade organizations, and other interest groups in a pluralist society. Business ethics.

Prerequisite: MGMT 503.

MGMT 510 Quantitative Factors in Management (3 Credits)

Survey of mathematical and statistical approaches to decision-making in the analysis and solution of management problems. This course is part of the graduate core.

MGMT 512 Regulations and Control: The Legal Environment of Business (3 Credits)

The effects of regulation in business decisions. Rule making processes, administrative actions, antitrust, public policy issues, and ethical issues are examined. Social and political considerations in the legal system are analyzed. This course is part of the graduate core.

Prerequisite: MGMT 503.

MGMT 522 Personnel Management and Labor Relations (3 Credits)

Analysis and evaluation of major personnel management problems in the United States including human resource planning and development, assessment of future needs, building the personnel function to meet needs of developing organizations, developing career paths and training programs, hiring policies, labor relations and implementation of such programs and policies. Evaluation of the personnel functions and of personnel performance and development of systems for this purpose.

Prerequisite: MGMT 503.

MGMT 524 Organizational Development and Communication (3 Credits)

Theory and practice of organizational development and interpersonal communication. Relationship of human behavior to problems of organizational life and development. Cases and experimental exercises in organizational socialization, motivation, dynamics of power, and interpersonal perception and communication.

MGMT 542 International Business Management (3 Credits)

Multinational enterprises as global organizations with emphasis on their worldwide impact. Emphasis on providing framework for understanding broad issues rather than on questions of business management and administration.

Prerequisite: MGMT 503.

MGMT 545 Export-Import Management (3 Credits)

International trade mechanisms and organization; use of marketing information; trade relations with foreign governments; effects of tariffs; use of permits; trade centers; other mechanisms; all aspects of transactions involving selling, physical distribution, insurance, costing and pricing, and obtaining payments.

Prerequisites: MGMT 503, MGMT 550.

MGMT 546 Production Management (3 Credits)

Studies the management of systems used for the production of goods and services. Production economies and design of efficient production systems including purchasing, operating production systems, and inventory control.

Prerequisite: MGMT 503.

MGMT 549 Business Strategy (3 Credits)

This is the capstone course for all graduate management degrees. It includes a study and discussion of actual cases relating to policy formulation at the top management level. Basic economic, industrial, and competitive considerations affecting policy implementation strategy in corporate long-range development. Practice in analyzing companies, evaluating problems, and making decisions. The course must be taken during the student's final term.

MGMT 570 Special Topics in Business Management (3 Credits)

This seminar provides an opportunity for the student to become familiar with contemporary issues/contemporary opportunities within the broad field of management. The topic(s) covered during each offering of the course will depend upon current trends in management. This course is available only to seniors. Students may take this course in place of a non-core course requirement with the approval of the Department Chair.

MGMT 580 Directed Research (3 Credits)

Permits the student to develop and present for credit an individual project of special interest within the academic disciplines of management or marketing. Format and content of the project must be approved by the course instructor. The general criteria for a project are relevancy to current issues in this field, originality of subject area, and intellectual significance. This option is available only once during the student's program of study. Admission to this course requires the approval of the Department Chair.

MARKETING COURSES (MRKT)

Marketing majors are prepared for positions focusing on the provision of customer satisfaction through the exchange of goods and services. Marketing is an essential function for all organizations.

MRKT 550 Advanced Marketing Management (3 Credits)

Studies advanced theory and systems-oriented analytical methodology required for effective marketing management decision-making. Strategies and tactics relating to the basic administrative processes of analysis, organization, planning, and control. Approach is analytical rather than descriptive, drawing heavily upon the disciplines of economics, behavioral science, and statistics. This course is part of the graduate core.

MRKT 551 Advanced Marketing Research (3 Credits)

Underlying scientific principles and processes that make marketing research an applied science. Information collection, interpretation, and presentation for shaping marketing objectives, policies, and planning. Application of the concepts, methods, and knowledge of quantitative and behavioral disciplines. Learning objectives are facilitated through individual or group research projects. Prerequisite: MGMT 550.

MRKT 552 International Marketing Seminar (3 Credits)

Broadens and unifies student’s knowledge of international marketing through reading lists, research projects, and seminar papers.

Prerequisite: MGMT 550.

MRKT 553 Marketing for Nonprofit Organizations (3 Credits)

Conceptual system of marketing applied to problems of nonprofit organizations. Direct and comprehensive marketing ideas for students interested in public administration and the administration of museums, educational institutions, foundations, and associations.

Prerequisite: MGMT 550.

MRKT 554 Marketing Strategy (3 Credits)

This is a capstone course in the graduate marketing program. Marketing issues and problems are studied through an integrated approach. Problems are examined through case studies and a review of current literature. Viewpoints of the consumer, government, wholesaler, and retailer are examined. Emphasis is placed on individual projects. The course must be taken during the student's final term.

Prerequisite: MGMT 550.