• Business Administration Finance General Information 340. Taxation of Individuals (3) Basic concepts of gross income, expenses, deductions, credits and computation of tax for individual taxpayers. Prerequisites: Acctg 202, 230. 344. Tax Special Topics (3) Property transactions including capital gain provisions. Use of tax forms for individuals and computer applications in tax planning and preparation. Prerequisite: Acctg 340. 360. Accounting & Information Systems I (3) Analysis, design, and implementation of management information systems with special emphasis on die role of accounting, computers, programming, and applications software in the management process. Prerequisites: Acctg 202, 230; Quant 261; and instructor approval. 361. Accounting & Information Systems II (3) A continuation of Acctg 360 with special emphasis on systems management, database management systems, and decision support systems for management and accounting. The course integrates computer applications and case studies where applicable. Prerequisite: Acctg 360. 413. Consolidations (3) Consideration of business combinations (mergers, consolidations, and stock acquisitions) with special emphasis on pooling and purchase methods of accounting for business combinations. Prerequisite: Acctg 313. 414. Advanced Special Topics (3) Accounting and reporting for partnerships, foreign operations, segment reporting, corporate liquidation and reorganization, and estates and trusts. Prerequisite: Acctg 313. 451. Auditing Concepts I (3) Introduction to auditing, generally accepted auditing standards, professional responsibilities, evidence, working papers, internal control, tests of compliance. Prerequisites: Acctg 313, 360; Mgmt 320. 452. Auditing Concepts II (3) Audit sampling, substantive testing of account balances, additional working paper techniques, reporting and review services, and working in the SEC errvironment Prerequisite: Acctg 451. 480. Independent Study (1-4) Individual work or work in small groups by arrangement, on special topics not included in the announced course offerings. Prerequisite: Instructor approval. 489. Cooperative Work Experience (1-4) Open to students meeting criteria established fiom time to time by the department and on file either in the department or cooperative education office. Prerequisite: Instructor approval. 492. Short Courses, Workshops, Institutes, and Special Programs (1-4) To provide flexibility and to meet many different needs, a number of specific offerings are possible using this catalog number. When the number is used, it will be accompanied by a brief and descriptive title. The specific title with the credit authorized for the particular offering wiU appear on the student transcript m DEPARTMENT OF BUSINESS ADMINISTRATION Chair: William Bruce Handley Location: Wattis Business Building, Room 213 Telephone Contact: Debbie Bodily 626-6075 Professors: Clyde J. Cooky, William Bruce Handley, Alma F. Harris, Gordon L. Jacox, E. Jeffery Livingston, Stephen D. Nadauld, Mark J. Nelson, Sterling D. Sessions, Jerald T. Storey, Claude T. Wynn; Associate Professors: H. Lon Addams, James E. Macdonald; Assistant Professor: E. K. Valentin. BUSINESS ADMINISTRATION COURSES-BUSADM The following courses are predominantly service-oriented, interdisciplinary courses which complement the majors, minors, and emphases throughout the School of Business and Economics. 101. Introduction to Business (4) Relation of businessman and firm to free enterprise economy and basic principles of major fields of business. 240. Real Estate Principles and Practices (formerly Real Estate 340) (4) Fundamental economic aspects of real estate with emphasis on realty as a commodity of trade. The subject matter in this course is that of general interest to both those desiring to enter the real estate profession and those who only intend to own real estate. 292. Short Courses, Workshops, Institutes, and Special Programs (1-6) To provide flexibility and to meet many different needs, a number of specific offerings are possible using this catalog number. When the number is used, it will be accompanied by a brief and specific descriptive title. The specific title with the credit authorized for the particular offering will appear on the student transcripL All students must have advanced standing to register for all courses numbered 301 or above. Prerequisites other than advanced standing courses must also be taken by all students. 320. Business Law and Legal Environment of Business (formerly 220) (4) Introduction to the legal process, surveying private and regulatory law, with special attention to professional ethics. 478. Business Policy (4) A capstone course for seniors which emphasizes policy design and implementation for organizational effectiveness. Student use of computers will aid in the analysis of the case material in this course. Prerequisites: Fin 320, Mgmt 301, 364; Mktg 301. 480. Independent Research (1-5) 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) Open to students meeting criteria established by die 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) (See 292 for description.) 521. Survey of Business Law (formerly 321) (4) A study of the adversary system, basic principles of American law, and indepth coverage of business related torts and contracts. An analysis of the legal requirements of formation, operation, and financing of partnerships, corporations, and other business organizations including in-depth consideration of the agency relationships and responsibilities of involved parties. Prerequisite: Bus Adm 320 (4). 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. Education 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 College Requirements: • Specific College Requirements (see index). • Requirements for General Education (see index). School of Business and Economics Requirements: • See School of Business and Economics section of the catalog. Emphasis Requirements (minimum of 36 credit hours): • Required courses (20 credit hours): Fin 301 (4), 430 (4), 435 (4), 440 (4), 499 (4). • Elective courses (minimum of 16 credit hours): Fin 321 (4), 420 (4), 431 (4); BusAdm 240 (4); Econ 320 (4); Mgmt 250 (3), 360 (4), 460 (4), 468 with instructor approval (4). 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 m PD101. Personal Finance (4) Personal and family budgeting, installment buying, borrowing money, buying a home, and purchasing stocks and bonds. 230. Introduction to Investments (4) A study of investment opportunities, mechanics, analysis, risk and management 300. Survey of Finance (3) Course designed to provide non-business students with an overview of the major areas of finance, financial institutions and markets, and financial management All students must have advanced standing to \ register for all courses number 301 or above. Prerequisites other than advanced standing courses must also be taken by all students. 301. Risk Management (4) 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 320. Corporate Finance I (4) Structure of the corporation, 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: Acct 202, 230; Quant 261. 321. Corporate Finance II (4) A continuation of Finance 320. Emphasis is on management of current and long-term assets, risk-return analysis, and special topics of finance. Students are required to use Lotus 1,2,3 and other computer software for financial problem solving. Prerequisite: Fin 320. 420. Capital Budgeting (4) 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: Fin 320. 430. Investments (4) 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. Prerequisite: Fin 320. Student Services Interdisc. Programs Allied Health Sciences Arts & Humanities ^-r-^YJ-'? Business & Economics Education Natural Sciences Social Sciences Technology 112 113 Continuing Education