Business Administration Finance General Informatioi 514. Governmental Accounting (3) W, S Accounting and reporting for federal, state, and local government units, hospitals, universities, colleges, voluntary health and welfare organizations and other not-for-profit entities. Prerequisite: Acctg 312; Business Foundations. 515. Financial Accounting Theory (3) A, W A study of various approaches to accounting theory using the scientific approach as a standard for comparison and discussion. Prerequisite: Acctg 313, 330, 344, and 451. 531. Cost Accounting II (3) W,S A continuation of Accounting 330 with emphasis on cost allocation and process costing. Cost management information systems design using cases and projects. Prerequisite: Acctg 330; elective communications course; Business Foundations. 544. Introduction to Corporate & Partnership Taxation (3) A, S A comparison of alternative forms of conducting a business. The tax effects of choosing a C corporation, S corporation, partnership or sole proprietorship are explored. Prerequisite: Acctg 344; Business Foundations. 552. Auditing Concepts II (3) W,S Audit sampling, substantive testing of account balances, additional working paper techniques, reporting and review services, and working in the SEC environment. Prerequisite: Acctg 451; Business Foundations. DEPARTMENT OF BUSINESS ADMINISTRATION Chair: W. Bruce Handley Location: Wattis Business Building, Room 213 Telephone: 626-6075 Professors: H. Lon Addams, Clyde J. Cooley, Brian Davis, W. Bruce Handley, Alma F. Harris, James E. Macdonald, Mark J. Nelson, Jerald T. Storey, Paul H. Thompson, E. K. Valentin; Assistant Professors: Phillip Berger, Robert A. Lutz, Sandra P. Powell, Shane J. Schvaneveldt; Instructor: Bruce Davis. BUSINESS ADMINISTRATION COURSES-BUSADM The following courses are predominantly service-oriented, interdisciplinary courses which complement the majors, minors, and emphases throughout the College of Business and Economics. 101. Introduction to Business (4) A, W, S Relation of business manager and firm to free enterprise economy and basic principles of major fields of business. 292. Short Courses, Workshops, Institutes, and Special Programs (1-6) Consult the quarterly class schedule for the current offering under this number. The specific title and credit authorized will appear on the student transcript. See College of Business and Economics Registration Restrictions before registering for courses numbered 301 and above. 300. Small Business Management (4) A, S This course is designed for students majoring outside the College of Business and Economics. It will not be counted for credit toward graduation for students majoring in that college. It covers the business management concepts involved in starting and/or managing a small business. 320. Legal Environment of Business (4) Su, A, W, S Introduction to the legal process, emphasizing ethical issues arising in business and the broad application of regulatory law. 333. Business Ethics & Environmental Responsibility (3) An introduction to the rudiments of moral reasoning, concepts and principles, and their application to common ethical issues faced in business. Contemporary industrial issues regarding and accountability for the natural environment. Prerequisite: BusAdm 320. 42 jJ Survey of Business Law (3) A, W, S An overview of basic law of contracts, sales, negotiable instruments, property, and debtor/creditor relations. 462. Executive Lectures (.5) This course is designed to acquaint the students with successful executives, their personal styles and philosophies as leaders, and the keys to their effectiveness. The format is a series of weekly one-hour lectures delivered by guest executives. The course may be repeated for credit to a maximum of two credit hours. 478. Strategic Management (4) Sa, A, W, S A capstone course for seniors designed to facilitate integration of the knowledge gained in earlier courses. Focus of the course is on the total enterprise. Emphasis is on crafting well-conceived strategies and on successful strategy implementation. Prerequisites: BusAdm 320; Fin 320; Mgmt 312, 320, 364; Mktg 301; Senior standing. 480. Independent Research (1-5) Su, A, W, S Directed research and study on an individual basis. May be repeated until a total of 5 hours credit is accumulated. Prerequisite: Signed contract with the instructor. 489. Cooperative Work Study (1-6) Su, A, W, S Open to students meeting criteria established by the department and on file in the cooperative education office. Credit does not count toward any major degree program. Prerequisite: Instructor approval. 492. Short Courses, Workshops, Institutes, and Special Programs (1-6) Consult the quarterly class schedule for the current offering under this number. The specific title and credit authorized will appear on the student transcript. 502. Quality Management and Productivity A survey of quality management principles and practices as exemplified in Total Quality Management and the philosophies of Deming, Juran, Ishikawa, Taguchi, Shingo, and others. Quality management aims to increase the firm's external effectiveness by focusing on customer needs and its internal efficiency by emphasizing continuous improvement and the application of statistical methods. 550. Innovation and Entrepreneurship (4) W, S Integration of various functional areas of business as they relate to evaluating, creating, planning, and managing new business ventures. Emphasis will be placed on innovation and its role in new business formation and corporate entrepreneurship. Prerequisites: Acctg 230; Mktg 301; Mgmt 312, 320. FINANCE EMPHASIS Description After studying in the School's core courses about the various functions in organizations, the student who concentrates in finance learns how to acquire, allocate, and control a firm's financial resources efficiently. A background in finance will prepare the student to: (1) conduct detailed financial analyses; (2) relate the financial environment of an organization to the policies that organization will need for optimum returns; and (3) select and analyze investment opportunities for both individuals and organizations. For those students desiring to pursue careers as analysts or consultants, a graduate degree is recommended. PROGRAM: FINANCE EMPHASIS BACHELOR DEGREE General Requirements: • WSU Core Requirements (see index). • General Education Requirements (see index). College of Business and Economics Requirements: • See College of Business and Economics section of the catalog. Emphasis Requirements (minimum of 43 credit hours): • Required courses (31 credit hours): BusAdm 421 (3); IS&T 340 (4); Mgmt 320 (4), 502 (4); Fin 430 (4), 435 (4), 440 (4), 499 (4). • Elective courses (minimum of 12 credit hours): Fin 301 (4), 321 (4), 340 (4), 420 (4), 431 (4); Econ 301 (4) or 302 (4) or 303 (4), 320 (4); Mgmt 460 (4), 468 (4), 550 (4). • Students must select three of the ten elective courses in consultation with a Finance professor. The electives chosen must then be approved by all Finance professors. Students should be aware that many graduate schools require Management 440 and 460 for acceptance. These courses should be taken in addition to program requirements for the finance area of emphasis in order to satisfy typical graduate school entrance requirements. FINANCE COURSES-FIN PD101. Personal Finance (4) Su, A, W, S Personal and family budgeting, installment buying, borrowing money, buying a home, and purchasing stocks and bonds. 230. Introduction to Investments (4) A, S A study of investment opportunities, mechanics, analysis, risk, and management. 300. Survey of Finance (3) W Course designed to provide non-business students with an overview of the major areas of finance, financial institutions and markets, and financial management. See College of Business and Economics Registration Restrictions before registering for courses numbered 301 and above. 301. Risk Management (4) A Designed for understanding the importance of risk in personal and business affairs with emphasis placed upon the nature of risk and techniques for handling it. Student Services Interdisc. Programs Applied Science & Technology Arts& Humanities Business 8 Economics Education Health Profession: Science Social & Behavioral Sciences 144 145 Continuing Education