2000 Survey of Accounting Survey for students in non-business majors and non-business minors. Introduction to both financial and managerial accounting concepts and topics: reading and interpreting a complete set of financial statements for an organization, the conceptual foundation and terminology of financial accounting, understanding the nature and role of an internal control system, and analyzing financial and non-financial data to assist managers in making operating decisions. 2010 Principles of Accounting I Prerequisites: MTH 1050 equivalent and CIS 2380.    An introduction to the theory and concepts of financial accounting including generally accepted accounting principles and issues as to classification, recognition, realization, measurement and reporting. Emphasis is placed on the accounting process including preparation of basic financial statements and the accounting for and analysis of transactions affecting assets, selected liabilities and equity.      2020 Principles of Accounting II Prerequisite: ACC 2010.      Continued study of the theory and concepts of financial accounting. Emphasis is placed on accounting for and the analysis of transactions affecting selected liabilities, special topics and types of entities. An introduction to managerial-cost accounting principles and techniques of analysis including budgeting, cash flows, product and standard costing, short-term operational decisions, financial ratio analysis and capital budgeting.     3030 Intermediate Accounting I Prerequisite: ACC 2020.     An intermediate level examination of the basic accounting statements and underlying accounting principles. Topics include: present value concepts, current assets and liabilities, tangible and intangible assets.       3040 Intermediate Accounting II Prerequisite: ACC 3030. Must be taken at Madonna University.    A continuation of the intermediate level examination of the basic accounting statements and underlying accounting principles. Topics include: accounting for leases, pensions, income taxes, earnings per share, financial statement analysis, long-term liabilities, equity transactions and cash flow statements.         3130 Internal Financial Analysis Prerequisites: ACC 2020 and MGT 2360. Must be taken at Madonna University. CIS majors should select ACC 3130 for 2 s.h. All other School of Business majors must take ACC 3130 for 3 s.h.     Study of management's use of internal accounting information for planning, managing, controlling and evaluation of business operations. Topics include cost concepts and costing techniques (including activity based costing), budgeting, cost-volume-profit analysis, standard costing, performance evaluation and product pricing.     3580 Taxation I Prerequisites: ACC 2020 and BL 3330 or instructor's consent. Must be taken at Madonna University.    A study of the principles of taxation emphasizing the individual as a taxable entity.  Included is a study of tax law as it pertains to inclusions in gross income, exclusions from gross income and deductions available to the taxpayer.    3610 Taxation II Prerequisite: ACC 358.   Continued study of principles of taxation; emphasis on business entities, estates and trusts.           3910 Cooperative Education     4050 Advanced Accounting Prerequsitie: ACC 3040. Advanced accounting theory as it applies to partnerships, consolidated financial statements, bankruptcy, and fund accounting.       4060 Government and Non-Profit Accounting Prerequisite: ACC 3040. Emphasis placed on in-depth analysis of accounting principles and procedures applicable to governmental units and non-profit organizations.     4500 Auditing Prerequisite: ACC 3040.  Analysis of the audit process, the audit examination and procedures for completing the audit test. Emphasis on generally accepted auditing standards and professional ethics.  4700 Advanced Managerial/Cost Accounting Prerequisites: ACC 3130, FIN 3150, MKT 2440, and QS 3550. Must be taken at Madonna University.     The advanced study of various costing methodologies and their interrelationship to managerial issues for planning, managing, controlling, and evaluating business operations. Topics include standard costing and variance analysis, sales variances, process costing issues, allocation methods for service departments and joint/by-product costs, determination of cost functions, transfer pricing, interrelationship with operations research and strategic control systems.    4710-4750 Seminars Five categories of seminars have been defined, and each will carry a unique number.  Prerequisites for all seminars: Junior level or full-time work experience. Students are limited to a total of 4 s.h. of seminars. Below is a description and the appropriate number for each of the five categories: 4710 Brunch with an Expert Seminar An "expert" from business, government, health care, or other environment will be invited to share experiences, philosophy, industry predictions, or other information that will assist students. The format will consist of one Friday evening class session, followed by two Saturday sessions.     4720 Literature Review Seminar A comprehensive review of the library literature on a specific topic. A summary presentation will be prepared which will be suitable for corporate or appropriate audiences. A majority of the time will be spent in individual work rather than in the classroom. Students may recommend topics to faculty or to the dean's office for consideration.    4730 Research Seminar Students and faculty will work together on a research project. No limitation to the type of topic and research method that might be used. Topics may be suggested by students to faculty, may emerge as a result of study in a class, or may be an area of interest for the faculty.   4740 General Topic Seminar Topics will be state-of-the-art or leading-edge or applied topics that need to be expanded beyond the courses offered by the School of Business.    4750 Leadership Seminar Seminars will focus on content important to leadership development and will tend to be experiential in format.

4910 Cooperative Education

BL 3330  Business Law I Prerequisite: MGT 2360 or consent of instructor. Study of the law and the legal process as it relates to business and society. Emphasis is on the law of contracts, sales under the U.C.C., negotiable instruments, secured transactions and agency. Basic concepts of the law of crimes and torts, including products liabilities, and performing legal research will be covered. BL 4330  Business Law II Prerequisite: BL 3330 A continuation of Business Law 3330 with emphasis on the legal aspects of corporations and partnerships, property rights, debtor-creditor relations and securities regulation. The general principles of governmental regulation of business and the legal aspects of international business transactions will be explored. BUS 3950  Business and Society Prerequisites: junior standing, MKT 2440 and MGT 2360. A conceptual course which studies the historic and sociological relationship between business and society; the development of economic and management thought; and the social responsibility of business. CIS 2380  Introduction to Computers Study the evolution of computers and the operating functions of the hardware, systems software, application software, data communications, and ethics of data storage and retrieval; explore the integration and application of information processing in the business environment and in the global society; hands-on experience with word processing, electronic spreadsheets, graphics, database management and electronic mail. CIS 3300  Information Systems for Decision Making Prerequisite: CIS 2250 or 2380. No credit for Computer Information Systems majors.  Presents the fundamental concepts of information systems. Emphasis on the process by which systems are developed from the end user's perspective. Problem solving using computer based information systems. Analyze existing Information Systems by way of case study methodology. CIS 4320  Audit & Control of Accounting & Information Systems Prerequisites: CIS 3450 or 3300 and ACC 2020. Principles of auditing of information systems with emphasis on controls, audit types, security, and audit techniques and their effects on accounting and computer system development. ECN 2720  Principles of Microeconomics Prerequisite: MTH 1050. Theories of production and cost, demand, supply, competition, consumer behavior, and distribution of income. ECN 2730  Principles of Macroeconomics Prerequisites: ECN 2720 and MTH 1050. Measurement and determination of economic activities and development, aggregate income, and employment. Emphasis on consumption, monetary policy, fiscal policy, taxes, government, investment, and expenditures. ECN 3800  Money & Banking Prerequisites: ECN 2720, ECN 2730, and ACC 2010. Study of the nature and function of money with reference to the expansion and contraction of the money supply. The various functions of the Federal Reserve System including the control of the rate of interest and money supply. ENG 3260  Business and Professional Writing (BUS) Prerequisite: ENG 1020. A study of the strategies and stylistic devices which lead to clear, concise, and complete business writing. Various types of business letters, memoranda, proposals and reports will be examined and developed. FIN 3150  Business Finance Prerequisites: ACC 2020, ECN 2730 Study of the management of the financial affairs of a business enterprise in respect to planning and analysis of the financial decision making function. Topics include time value of money, working capital management, leverage, ratio analysis, capital budgeting, capital structure decisions, dividend policy and international financial management. FIN 3710  Institutional Portfolio Management Prerequisite: FIN 3150 Analysis of the savings/investment process. An appraisal of the relative values and importance of various instruments, kinds and types of investment is made. The role of government in the investment making function is discussed as to its impact on the outcome of investment decisions. FIN 4640   Managerial Finance Prerequisite: FIN 3150 This is an upper level course in financial management. Theory is stressed in capital budgeting, interest rate, financial intermediation, and international financial management.  The three financial functions of managers will be discussed at an advanced level: the investment decision, the financial decision, and the dividend decision. INB 3140  International Business The relationship of culture, politics, law, and economics to the operation of multinational business. Takes an integrated approach to marketing, finance, law, management, sociology, political science and economics. INB 4350  International Trade Structures & Systems Prerequisites: ECN 2720, ECN 2730, and INB 3140. An examination of current theories of the patterns of international trade and finance. An exploration of the history, institutional framework and structural patterns of international trade. Discussion of theories of the determination of exchange rates. MGT 2360  Principles of Management An introduction to the nature and principles of management; history, theories, practices, problems, and techniques; characteristics and qualities of managers; contemporary trends in management thought and practice. MGT 4950  Business Policy Prerequisites: Major in Accounting, Business Administration, Computer Information Systems, Financial Administration, International Business, Management, or Marketing. To be taken in final six hours of major. Capstone course; students bring to bear all the experience and knowledge of their study of business administration to analyze central problems of profit and not-for-profit enterprises and to apply strategic management in developing business policy. Case study approach. MKT 2440  Principles of Marketing Prerequisites: ENG 1010 and 1020. Recommended prerequisites: ACC 2010 or equivalent. Study of marketing concepts, terminology, and applications, with special emphasis on the marketing mix relationships: e.g., product, price, promotion, and distribution. Introduction to the role and operation of marketing functions and their respective influence on the organization, both internally and externally. MTH 1050  Intermediate Algebra Prerequisite: MTH 1040 within the last two years with a grade of C or better, or placement test. Does not apply toward math major or minor. This second course in algebra is designed to help students develop appropriate skills with algebraic concepts and processes needed for later courses. The course emphasizes problem solving, multiple representations of functions and the use of a graphing calculator. MTH 1210  Precalculus Prerequisites: two years of algebra and a course in trigonometry. This course focuses on a study of functions, their inverses; graphs and properties.  Specifically, polynomial, rational, exponential, logarithmic and trigonometric functions will be explored. Students will solve equations and real-world problems involving these functions.  Graphing calculators are an integral part of the course. MTH 2300  Business Calculus Prerequisite: MTH 1050 This course introduces the concepts and techniques of differential and integral calculus useful to students in business, economics, and the social sciences. The course is designed to give students a sound, intuitive, and geometric understanding of basic concepts and to enable students to apply a variety of techniques to practical situations. MTH 2350  Probability & Statistics Prerequisite: MTH 1040. This course presents the student with basic concepts of probability and statistics such as measures of central tendency and deviation, sampling and sampling distribution, random variables, frequency distribution, statistical inference, hypothesis testing and applications.  The purpose of this course is to help individuals make decisions based on analysis of data.  Use of the graphing calculator is an integral part of the course. QS 3550  Applied Business Statistics Prerequisites: CIS 2380, MTH 2350, and junior standing. Applied study of computerized statistical analysis as it relates to general business operations. Statistical procedures include descriptive statistics, t-test, ANOVA, two-way ANOVA, chi-square, simple correlation. Case study methodology is heavily employed. A computerized data analysis project which uses a minimum of two statistical tests is required.