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COURSE DESCRIPTIONS

strategies to solve real life dilemmas. Students explore the importance of ethics as a dimension of social responsibility and business ethics in the global economy. Prerequisite: BUMT 4840

BUMT 3200 — 3 UNITS

MANAGEMENT INFORMATION SYSTEMS

This course explores the use of information technology, information resources, management information literacy in today’s business world. Students learn how to identify, acquire, analyze, and evaluate timely and accurate information from electronic sources.

BUMT 3300A — 3 UNITS FINANCIAL ACCOUNTING I

BUMT 3720 — 3 UNITS MANAGEMENT STRATEGY

This course is a study and analysis of success and failure in today’s business environment with emphasis on creating value through innovative management techniques. The students practice the strategic management process, building a compet-itive strategy, and implementing strategic plans.

Students study the accounting cycle through finan-cial statements, understanding inventory controls, tangible and intangible assets, and budgets. This course covers the role accounting plays in business forecasting and decision making. The student gains an understanding of assets and liabilities, revenue and expenses, debits and credits, accruals, depreciation, constructing a financial statement, and accounting cycles.

BUMT 3300B — 3 UNITS FINANCIAL ACCOUNTING II

BUMT 3820 — 3 UNITS BUSINESS LAW

Students develop an understanding of corporate for-mation and procedures, limited liability companies and special business forms. This course examines social, ethical, and political implications of law and its application to business transactions as well as intellectual property law.

A continuation of accounting analysis and under-standing, as applied in the corporate world, this course gives students experience with the account-ing cycle, the sales journal, the accounts receiv-able ledger, the accounts payable ledger, the cash receipts journal, the cash payment journal, and the income statement and balance sheet statements.

BUMT 3950 — 3 UNITS MANAGERIAL ACCOUNTING

BUMT 3600 — 3 UNITS MANAGEMENT THEORY & PRINCIPLES

This course presents an introduction to manage-ment concepts and strategies used by modern businesses, and is designed to familiarize students with the accepted standards, procedures, and tech-niques employed by senior, middle, and operational managers. It provides students with an under-standing of the financial impact of management and how to plan to optimize performance and achieve organizational goals.

BUMT 3650 — 3 UNITS HUMAN RESOURCE MANAGEMENT

BUMT 4100 — 3 UNITS

SMALL BUSINESS MANAGEMENT

This course explores organizational structure and how it impacts behavior. Students develop an under-standing of what it means to be a “leader of change,” and the critical importance to financial performance in doing so. Students review job design, managing career development, the value of performance ap-praisal, compensation and reward, safety and health laws, and the economics of good organizational management. Prerequisite: BUMT 4840

BUMT 3680 — 3 UNITS GLOBAL MARKETING COMMUNICATIONS

BUMT 4110 — 3 UNITS MICRO & MACRO ECONOMICS

This course provides a foundation of knowledge necessary to create strategic communications

Microeconomics introduces economic analysis of in-dividual, business, and industry choices in the mar-ket economy. Topics include price mechanism, sup-ply and demand, optimizing economic behavior, costs and revenue, market structures, factor markets, income distribution, market failure, and government intervention. Macroeconomics introduces economic analysis of aggregate employment, income, and plans that support a product or service in today’s competitive marketplace. Students participate in a learning forum environment whereby original ideas and assignments are presented, discussed, and cri-tiqued by the class. This course provides students with a framework of how to enter foreign markets.

Prerequisite: BUMT 4600

Managerial Accounting is concerned with the provisions and use of accounting information by managers within organizations to provide the basis to make informed business decisions for stra-tegic planning in their management and control functions. In contrast to financial accounting information, managerial accounting information is primarily forward-looking and predictive instead of historical. It is designed to support decision making and intended for use by managers within the organization, instead of being intended for use by shareholders, creditors, and public regulators.

A study of how small businesses can manage the unique challenges they face and how they can achieve and maintain a competitive advantage, this course involves feasibility analysis and addresses issues of small business ownership and man-agement, strategic planning, financial planning, marketing for competitive advantage, the econom-ics of pricing, and break-even analysis. Prerequisite: BUMT 4200