Academics > Majors and Areas of Study > Business Administration and Accounting > Course Offerings



The Arthur McGonigal Department of Business Administration and Accounting offers a wide variety of courses and majors, minors and degree programs to their students. Courses are offered in the following areas:

Accounting I Business Administration l Economics

Accounting

ACCT 113—Principles of Accounting I (3 CH)
An introduction to accounting, i.e., basic record keeping and the preparation of financial statements, including closing entries and working papers. This course requires a grade of C minus or better and a 60 percent or higher on the final exam, in order to progress to ACCT 123. Offered every fall term.

ACCT 123—Principles of Accounting II (3 CH)
A continuation of ACCT 113. Special emphasis upon accounting procedures for partnerships and corporations. This course requires a grade of C minus or better and a 60 percent or higher on the final exam to progress to any accounting course with a higher course number. (P: ACCT 113) Offered every spring term.

ACCT 212—Computer Integrated Accounting (3 CH)
A hands-on study of integrating accounting records with computers. Topics covered include the role of Accounting Information Systems in the business environment, QuickBooks, accounting software,
design and accountants’ use of spreadsheets, databases and word processing. (P: C minus or better average in ACCT 123, microcomputer proficiency) Offered spring term of odd numbered years.

ACCT 213—Intermediate Accounting I (3 CH)
A study of the related problems of valuation and income determination for a going concern. A prime consideration is to provide the student with a transition from an elementary to a professional study of
accounting. This course requires a grade of C minus or better to count toward the major or minor in accounting and to progress to any accounting course with a higher course number. (P: ACCT 123) Offered every fall term.

ACCT 223—Intermediate Accounting II (3 CH)
A continuation of ACCT 213. This course requires a grade of C minus or better to count toward the major or minor in accounting and to progress to any accounting course with a higher course number. (P: ACCT 213) Offered every spring term.

ACCT 233—Managerial Accounting (3 CH)
Emphasizes using accounting information rather than collecting and presenting it. A course designed for majors in business administration only. (P: ACCT 123) Offered every fall term.

ACCT 253—Payroll Accounting (3 CH)
With the numerous federal, state, and local laws affecting payroll systems of business firms, payroll accounting has evolved into one of the most important components of an accounting system.  This course is designed to provide the accounting student with a solid, in-depth foundation in the principles of payroll accounting. (P: ACCT 123) Offered spring term of even numbered years.

ACCT 313—Cost Accounting (3 CH)
A study of the collection and use of accounting information for planning, controlling, decision-making, inventory valuation and income determination. A study of both the technical aspects of cost accounting and how managers use these tools to improve operating results. Business administration majors may elect
this course in place of ACCT 233. P: ACCT 223) Open to juniors and seniors only. Offered every fall term.

ACCT 323—Taxation – Personal (3 CH)
An introduction to income tax laws as applied to individuals. This is a practical course which is form-oriented. Offered every spring term.

ACCT 333—Taxation – Corporate (3 CH)
An introduction to federal income tax laws and regulations as they apply to corporations. Includes focus on tax effect of alternate accounting methods and introduces the concept of tax planning. (P: ACCT 223 Open to juniors and seniors only. Offered every fall term.

ACCT 343—Governmental Accounting (3 CH)
A financial introduction to government entities and an analysis of the management of their financial resources. Attention is also focused on accounting for other not-for-profit entities. This course may
be used to meet the upper-level business requirement. (P: ACCT 223 or permission of instructor) Offered every spring term of odd numbered years.

ACCT 413—Advanced Accounting (3 CH)
A study of the accounting problems arising from the formation, expansion and liquidation of different forms of business organizations. (P: ACCT 223) Open to juniors and seniors only. Offered fall 2011 and even numbered fall terms thereafter.

ACCT 423—Auditing (3 CH)
A study of the theory and techniques of the attest function. Topics will include audit reports, professional ethics, legal responsibilities, internal control, audit work papers, examination of evidence, statistical sampling, and trends in auditing. Recommended for seniors. (P: ACCT 223) Offered spring 2012 and every fall term thereafter.

ACCT 433—Accounting Theory (3 CH)
A critical analysis of the principles and concepts underlying the measurement of assets, liabilities and owners’ equity; measurement of changes that occur in assets, liabilities and owners’ equity; and measurement of revenues, expenses and net income. Emphasis is placed on the origin, development and
significance of such principles and concepts. (P: ACCT 223) Open to juniors and seniors only. Offered fall 2013 and odd numbered fall terms thereafter.

ACCT 453—Forensic Accounting (3 CH)
A study of the theory and techniquies of auditing and investigative and analytical skills necessary to resolve financial issues in a manner that meets standards required by a court of law. Furthermore, the course should prepare students to sit for the CFE (Certified Fraud Examiners) Exam. (P: ACCT 423) Open
to juniors and seniors only. Offered fall 2011 and odd numbered spring terms thereafter.

ACCT 455—Cooperative Education (CH Variable) (WIC)

ACCT 493—CPA Preparing for the Profession (3 CH)
Previous accounting courses are required and a systematic study of past CPA examination problems is undertaken in order to prepare students for the uniform CPA examination. Concentration is on the financial reporting and regulation sections of the examination. Students are assisted in fulfilling the application requirements for taking the examination. All students are expected to sit for the CPA examination following graduation. Open to senior accounting majors only. Permission of instructor required. Offered every spring term.

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Business Administration

BADM 300—Introduction to Entrepreneurship (3 CH)
A course designed to give the individual a general foundation of basic operational proceedings for small business management. This course will give special emphasis to entrepreneurship including
franchising, buying out an existing business and formation of new ventures. The focus of the course throughout will be the development of a comprehensive business plan. This course has no prerequisites and is open to any junior or senior interested in starting a small business. (WIC) Offered every fall term.

BADM 324—Advertising (3 CH)
Both the “why” and the “how” of advertising will be covered. Included in the “why” will be the basic principles needed to understand the rationale behind creative selling, advertising principles, public relations, sales
management, and advertising policies. Included in the “how” will be all aspects of preparing advertising copy, how to write it, how to judge it, how to avoid legal difficulties and how to undertake advertising research. Open to juniors and seniors only. (WIC) Offered every spring term.

BADM 334—Insurance (3 CH)
This course deals with the principal risks to which individuals and businesses are exposed and the various means of dealing with risk including insurance, risk retention, self-insurance and loss prevention. Specific topics to be covered include property and liability insurance, life and health insurance, government regulation and insurance institutions. Open to juniors and seniors only. (P: ACCT 123) Offered spring 2013.

BADM 344—Finance (3 CH)
Introduction to basic problems of financial management including cost of capital analysis; cash flow; working capital; leasing; financial leverage; methods of securing short-term, intermediate and long-term funds; dividend policies; and the problems of valuation in combination, reorganization and liquidation. Open to juniors and seniors only. (P: ACCT 213 or ACCT 233 and mathematics requirement) Offered every spring term.

BADM 355—Business Law I (3 CH)
The study of the legal and social environment of business, contracts, personal property and bailments, and sales. Offered every term. Open to juniors and seniors only.

BADM 356—Business Law II (3 CH)
A continuation of the study of the legal environment of business with emphasis on negotiable commercial paper, debtor-creditor relations and risk management, agency and employment, business organizations, real property and estates. (P: BADM 355) Offered Spring 2011. Open to juniors and seniors only.

BADM 364—Business Ethics (3 CH)
The world of business increases in technological complexity and competitive pressure daily. Dealing successfully with problems in the business world requires, in addition to technical competence, a firm grounding in the ethical tradition of human culture. This class will provide practical assistance to those
entering the business community and theoretical understanding for those studying how humans interact in the world. (WIC) Offered every spring term. Open to juniors and seniors only.

BADM 374—Principles of Management (3 CH)
A presentation of the basic concepts of management which focuses on understanding techniques, establishing objectives and making decisions. Open to juniors and seniors only. (P: ACCT 123 and ECON 221) (WIC) Offered every fall term.

BADM 376—International Business (3 CH)
An introductory course focusing on the manager’s perspective of the international economy. Topics include the impact of differing languages, cultures, religions, values and political systems on the multinational
firm; the strategies and structures of the multinational; the relationships between the multinational and both host and home governments; and the international business environment including foreign-exchange problems, intergovernmental agreements and restraints on international competition. Offered spring term of even-numbered years. Open to juniors and seniors only.

BADM 384—Business Communication (3 CH)
Because business is conducted among people, effective communication is needed to have an effective enterprise. This course presents theory and techniques for clear, concise and interesting written communication. (WIC) Offered to juniors and seniors only. Offered every fall term.

BADM 444—Operations Management (3 CH)
Problems considered are those that arise in the areas of methods analysis, production planning, inventory control, plant location, quality control and equipment replacement. Open to juniors and seniors only. Offered every spring term.

BADM 454—Marketing (3 CH)
An introduction to marketing management including product planning, channels of distribution, promotion, pricing, market research, consumer behavior, physical distribution, and government regulation. (WIC) Open to juniors and seniors only. Offered every fall term.

BADM 455—Cooperative Education (CH Variable) (WIC)

BADM 456—International Marketing (3 CH)
Covers the skills and information to enable the student to perform analyses of world markets, their respective consumers, and marketing environments. It is a goal of the course to develop an understanding of the marketing management efforts required to meet the demands of world markets in a dynamic setting. (WIC) Open to junior and seniors only. Offered Spring 2011.

BADM 474—Senior Honors Seminar (3 CH)
Research and class work prepare students for biweekly discussions with senior executives. The seminar format is an integrating process which also helps students from a personal style of management, eclectically based on input from successful business professionals. This input is provided by corporate presidents in personal, informal visits to the seminar. Open to juniors and seniors only. No course prerequisite. Offered every spring term.

BADM 484—Human Resource Management (3 CH)
This course will provide a basis for understanding the function of human resources in an organization and the impact it will have on the career of the student when he or she enters the business world. Open to
juniors and seniors only. (P: ACCT 123 and ECON 221) Offered every fall term.

BADM 490—Strategic Management (3 CH)
The world of business increases in technological complexity and competitive pressures daily. Managers will need to understand the functions of strategic management for the 21st Century; therefore, people entering the business arena need to learn why strategic management is a basic ingredient for the continued survival of an organization. This class will provide practical assistance to those entering the business world by studying how companies can plan for the future. This is designed as a capstone course for business administration students. It will be offered during the spring semester. Prerequisites will be a major within the
department who has taken Managerial Accounting (ACCT 233) and who has completed at least three major courses at the 300 level or higher. Offered every fall term.

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Economics

ECON 211—Principles of Macroeconomics (3 CH)
A study of capitalism as it applies to the American economy including the roles of business, household, and government sections of the economy. With the aid of national income accounting techniques, the level of employment and the determinants of national income are introduced. The role of the banking system is also examined. Offered every fall term.

ECON 221—Principles of Microeconomics (3 CH)
A study of market structures, product pricing, resource pricing, and markets in American capitalism. Also covered are current economic problems and an introduction to international economics. Offered every spring term.

ECON 342—Economic Development (3 CH)
The theory of economic growth with special reference to under developed areas. A certain amount of attention is also given to the practical problems of industry, agriculture, commerce, government, capital formation, decographic factors, financial institutions and foreign aid as they relate to economic growth. Offered spring term of even-numbered years. (P: ECON 211 and ECON 221)

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