170 Fin 3200. Financial Management (3) Su, F, S Financial analysis, planning and control, working capital management, capital budgeting, and short-term and long-term financing. Student use of computers is required for the preparation of case study material used to enhance the presentation of selected topics presented in the course. Prerequisites: Business Foundations; Quant SI2610. Fin 3300. Investments (3) F An in-depth study of principles, concepts, and tools used in the investment field as they relate to investment opportunities, mechanics, financial statement analysis, risk, and portfolio management. Computer use is required to access the Dow-Jones market analyzer investment software and in the preparation and analysis of investment portfolios. Prerequisites: Business Foundations; Fin 3200. Fin 3350. Financial Institutions (3) F A study of the functions and significance of the major financial institutions, such as commercial savings institutions, with an emphasis on management problems, regulations, credit appraisal, and loan types. Prerequisites: Business Foundations; Fin 3200. Fin 3400. Real Estate Principles and Practices (3) S Fundamental economic aspects of real estate with emphasis on realty as a commodity of trade. The subject matter in this course of general interest to both those desiring to enter the real estate profession and those who only intend to own real estate. Fin 3500. Capital Budgeting (3) S Capital investment decision-making procedures relative to make/ buy, lease/buy, working capital, replacements, and new investment decisions. Involves use of the computer in the analysis of cash flows and capital acquisition alternatives. Prerequisite: Business Foundations; Fin 3200. Fin 4400. Financial Problems - Corporate Finance (3) F Problems in financial management with an emphasis on corporate finance. Use of financial software and computers is an integral part of problem solutions. Prerequisites: Business Foundations; Fin 3200. Fin 4410. Financial Problems - Investments (3) S Problems in financial management with an emphasis on investments. Use of financial software and computers is an integral part of problem solutions. Prerequisites: Business Foundations; Fin 3300. Fin 4800. Independent Research (1-3) Su, F, S Directed research and study on an individual basis. May be repeated until a total of 4 hours credit is accumulated. Prerequisites: Business Foundations; Senior Standing; Written Instructor Approval. Fin 4860. Finance Internship (3) F, S A structured professional-level field experience. The student will be counseled and supervised as he/she applies and integrates the knowledge and skills obtained through finance courses. Prerequisites: Business Foundations; Senior Standing; Instructor approval. Fin 4900. Special Topics in Finance (4) Special treatment of current topics in Finance. This course will involve primary and/or secondary research by class participants. Prerequisites: Business Foundations; Fin 3200; Instructor approval. business administration Logistics & Operations Management Emphasis business logistics and operations management as an area of emphasis allows students to focus their education on the "supply chain" of purchasing, producing, moving, and marketing goods and services on a global basis. The logistics and operations management major learns how to plan and manage a firms production processes as well as the logistics of selecting suppliers, moving materials into a firm, and distributing finished product to customers. The discipline involves industrial purchasing, inventory management, production planning and control, quality management, transportation, and distribution management. The growing recognition by industry of the value of more effective and efficient management of the supply chain has intensified demand for persons with formal education in this area. Weber State has enjoyed considerable success in placing logistics and operations management graduates in a wide variety of employment opportunities with above-average salaries with such firms as Ford Motor Company, Kimberly Clark, Emerson Electric, TRW, Wal-Mart, J.C. Penny, Emery Worldwide, and Autoliv. We are also noting that career paths to senior executive positions in large corporations are increasingly mandating education or experience in operations and logistics. Professional logistics associations make three scholarships available each year exclusively to logistics and operations management majors at Weber State University. Business Administration: Logistics & Operations Management Emphasis BACHELOR DEGREE (B.S. OR B.A.) » Program Prerequisites: All Business and Economics courses with numbers above 3000 require prior completion of Acctng 2010, Econ SS2010, Econ SS2020, IS&T 2000, and Quant SI2600 (unless noted on page 155). These prerequisites are referred to collectively as "Business Foundations." (Refer to John B. Goddard School of Business & Economics Requirements on pages 155-157.) » Minor: Not required. » Grade Requirements: The minimum overall GPA for graduation is 2.5; additionally, students must earn a 2.5 GPA in business and economics courses. Finally, a course of "C-" or higher is required for all business and economics prerequisite and program requirements. » Credit Hour Requirements: A total of 120 credit hours is required for graduation - 60-61 of these are School requirements, 30 are required within the major, and the balance should be taken outside of the major. The required 40 upper-division credit hours (courses numbered 3000 and above) are included in the School and major requirements. Academic Advisement Advisement is required. See the John B. Goddard School of Business and Economics Advisor, Patti Sanchez, in WB 211 (801- 626-6065) and/or contact the Business Administration Department in WB 216 (801-626-6075). Contact the School advisor for information on transfer credits, business foundations courses, and admission applications. Advising in major selection, major requirements, and admission applications is provided by the Business Administration Department. Contact either office for advising issues. Admission Requirements An application is necessary for all majors and minors in the John B. Goddard School of Business and Economics. Completion of Business Foundations courses with grades of "C-" or higher is required for admission and access by majors to upper division Business and Economics courses. General Education Refer to pages 37-42 for either Bachelor of Science or Bachelor of Arts requirements. The following courses required for the Logistics and Operations Management Emphasis also will satisfy general education requirements: Engl ENIOIO, Engl EN2010 (English Composition); Math QL1050 (Quantitative Literacy); Econ SS2010 and Econ SS2020 (Social Science); and Botany LS1403 (Life Science). Course Requirements for B.S. or B.A. Degree John B. Goddard School of Business 8c Economics Requirements (See pages pages 155-157) Liberal Support Curriculum (13 or 14) Business Foundations (13) Business Cross-Functional Core (19) Business Functional Core (15) Business Courses Required (27 credit hours) IS&T 3110 Info Technology for Business (3) Mgmt 3200 Managerial Communications (3) LOM 3500 Computer Models/Applications (3) LOM 3720 Transportation Systems & Mgmt (3) LOM 4050 Contemporary Logistics/ Operations Management Practices (3) LOM 4100 Quality Management (3) LOM 4410 Materials & Inventory Management (3) LOM 4600 Simulation (3) LOM 4730 Purchasing Management (3) Elective Courses (3 credit hours) Select at least one course from the following (see an advisor for guidance in course selection) Acctng 3300 Cost Accounting (3) BusAdm SI3500 Introduction to Business Research (3) BusAdm 3600 [World Region] Business & Society (3) BusAdm 4210 Survey of Business Law (3) BusAdm 4500 Entrepreneurship (3) Fin 3500 Capital Budgeting (3) LOM 4860 Operations/Logistics Management Internship (3) or BusAdm 4680 Senior Consulting Project (3) Mgmt 3300 Human Resource Management (3) Mgmt 4300 Influence and Group Effectiveness (3) Mgmt 4650 Negotiations (3) Mktg 4400 Marketing Strategy (3) LOGISTICS & OPERATIONS MANAGEMENT COURSES LOM 1730. Certified Purchasing Manager (CPM) Exam preparation course (Non credit only) Thirty contact hours of intense study to prepare candidates to pass the CPM examination. Definitional and analytical material pertaining to the four modules of the exam are covered. Topics include solicitation and evaluation of proposals, supplier analysis, negotiation, supplier relations and contract administration, inventory concepts and materials management, supply forecasting and strategies, elementary contract law, and administrative dimensions of purchasing management. 171 LOM 3050. Operations and Logistics Management (3) F, S This course considers the management of an organization's chain of value adding activities, from procurement of resources and transformation into manufactured goods and service outputs, through distribution to customers. Topics include operations strategy, quality, product and service design, process selection and layout, capacity, production scheduling, inventory, location, supply chain management, procurement, transportation, and other related issues and models. Prerequisites: Business Foundations. LOM 3720. Transportation Systems and Management (3) S Study of the U.S. transportation system and current issues affecting transportation industry, international transport, and the traffic management function of a firm. Prerequisites: Business Foundations; LOM 3050. LOM 3500. Computer Models/Applications (3) F, S This course concentrates on the use of computer software to aid in the solution and interpretation of operations management and logistics models. Emphasis is placed on problem identification, problem setup, computer solution, and interpretations of solution results. A significant portion of the course deals with sensitivity analysis which involves using different scenarios of inputs to see how sensitive the model solution is to variation. Prerequisites: Business Foundations; Quant SI2610; LOM 3050. LOM 4050. Contemporary Logistics/ Operations Management Practices (3) S This course incorporates readings, site visits, and case analysis to convey state-of-the-art and emerging operations management and logistics practices. Development of leading-edge strategies which promote a firm's ability to differentiate itself in terms of its operations and logistics performance is emphasized. Field trips required. Prerequisites: Business Foundations; LOM 3050. LOM 4100. Quality Management and Productivity (3) F, S A survey of quality management principles and practices whereby manufacturing and service organizations achieve customer satisfaction and competitive advantage. Emphasis is on internal/ external customers, employee involvement, service quality, quality planning and design, process management and improvement, problem-solving tools, variation and statistical thinking, statistical process control, and quality management systems. Prerequisites: Business Foundations; Quant SI2610; LOM 3050; or Instructor Permission. LOM 4410. Materials and Inventory Management (3) F This course emphasizes materials requirements planning and the logistics processes which support production. Topics include MRP, MRPII, JIT, and classical inventory models. Prerequisites: Business Foundations; Quant SI2610, LOM 3050. LOM 4600. Simulation (3) F, S This course explores simulation modeling beginning with the basics of simulating a discrete distribution to construction of simulation models using spreadsheets to the use of complex production and logistical simulation models. Emphasis is placed on problem recognition, problem set-up, simulation model construction, and application and interpretation results. Prerequisites: Business Foundations; LOM 3050. LOM 4730. Purchasing Management (3) F Policies and methods in industrial purchasing including supplier capability analysis, source selection, competitive bidding, cost analysis and negotiation, contract types, and supplier management. Special emphasis is given to purchasing operations in an MRP or JIT PROFILE ENROLLMENT STUDENT AFFAIRS ACADEMIC INFO DEGREE REQ GENED Interdisciplinary FYE HNRS BIS LIBSCI INTRD MINORS Applied Science & CEET CS MFET/MET CMT CDGT PRENGR AUTOSV/AUTOTC IDT SST TBE Arts & Humanities COMM ENGL FORLNG DANCE MUSIC THEATR ART Business & Econ MBA MPACC/ACCTNG BUSADM FIN LOM" MGMT MKTG ECON/QUANT IS&T ■■ '. •• :;■;■■■■:.;■ MEDUC CHFAM ATHL/AT HEALTH/NUTRI PE/REC EDUC CLS DENSCI PARAMD HTHSCI HAS/HIM NURSNG RADTEC DMS NUCMED RADTHR RESTHY Science BOTANY CHEM GEOSCI MATH/MATHED MICRO PHSX ZOOL moral MCJ/CJ ECON GEOGR HIST POLSC PHILO PSYCH SOCLWK GERONT SOCLGY ANTHRO AEROSP MILSCI NAVSCI Weber State University 2001-2002 Catalog Weber State University 2001-2002 Catalog