| |
| ACC215 |
Principles of Financial Accounting |
4 credits |
|
This course covers the basic introduction to financial management and
financial accounting, including an understanding of the concepts,
principles and practices in these areas. (4 credits)
|
| |
| ACC216 |
Principles of Managerial Accounting |
3 credits |
|
This course covers the basic concepts, principles and practice in
managerial accounting, including the use of accounting in management
decision-making. Prerequisite: ACC215. (3 credits)
|
| |
| ACC306 |
Cost Accounting |
3 credits |
|
This course involves the study of cost systems and their use in
decision-making by management. Emphasis is placed on the areas of
cost-volume-profit analysis, job-order and process costing systems,
budgets and standards, cost allocation and capital budgeting.
Prerequisites: ACC215 and 216. (3 credits)
|
| |
| ACC307 |
Federal Tax I |
4 credits |
|
This is an introduction to current federal and state taxation laws and
practices. The emphasis is on the federal income tax and its impact on
accounting procedures and management decision-making. Prerequisites:
ACC215 and 216, or permission of chair of the business
department. (4 credits)
|
| |
| ACC308 |
Federal Tax II |
2 credits |
|
This course is a continuation of Federal Tax I. Special emphasis is
placed on the taxation of corporations and its impact on management
decision-making. Prerequisite: ACC307. (2 credits)
|
| |
| ACC315 |
Intermediate Accounting I |
4 credits |
|
This course is a study of the development of accounting principles and
practices as they apply to financial statements. Emphasis is placed on
the development of the theory used in accounting practice. Prerequisites:
ACC215 and 216. (4 credits)
|
| |
| ACC316 |
Intermediate Accounting II |
4 credits |
|
This course is a continuation of the accounting principles and practices
covered in Intermediate Accounting I. Special emphasis is on
stockholders' equity and dilutive securities, special issues related to
income measurement, and preparation and analysis of financial statements.
Prerequisite: ACC315. (4 credits)
|
| |
| ACC398 |
Directed Study |
2-4 credits |
|
|
| |
| ACC415 |
Auditing |
4 credits |
|
This course studies the internal control procedures in modern business,
the development of auditing standards and procedures, the theory behind
the development of such auditing standards and procedures, and how these
auditing standards and procedures are applied to the public accountancy
field. Special emphasis is on the auditor's decision-making process.
Prerequisites: ACC315 and 316, or permission of chair of the
business department. (4 credits; alternate years, consult department)
|
| |
| ACC417 |
Internship |
6-8 credits |
|
(2 credits may apply toward the major)
|
| |
| ACC418 |
Advanced Accounting |
4 credits |
|
This course is a study of accounting for partnerships, branches,
segments, business combinations, affiliated companies, government
entities and nonprofit organizations. Prerequisites: ACC315 and
316, or permission of chair of the business department. (4 credits;
alternate years, consult department)
|
| |
| ACC420 |
CPA Review |
1 credit |
|
This course will be a comprehensive review of all material for the CPA
exam, using a computerized review package. Prerequisites: ACC415
and 418, or permission of the instructor. Graded on a pass/no pass basis.
(1 credit)
|
| |
| ACC499 |
Honors Research |
2-4 credits |
|
|
| |
| AGR201 |
Animal Science |
3 credits |
|
Designed to provide background in animal physiology including comparative
characteristics and bodily functions of farm animals. This course also
includes the livestock enterprise components of swine, beef, horses,
sheep and poultry. (3 credits; alternate years, consult department)
|
| |
| AGR212 |
Crop Production |
3 credits |
|
Covers basic principles of crop production, emphasizing the production of
corn, soybeans, sorghum, small grains and forages. The effects of soil
and climate on plant growth and production is integrated into the various
crops studied. Weeds and weed control are also included. (3 credits;
alternate years, consult department)
|
| |
| AGR301 |
Agricultural Marketing |
3 credits |
|
Designed to provide exposure to the total agricultural marketing
structure, with emphasis on market evaluation and decision-making. The
cash market, local contracting, and the futures market are studied as
tools in the development of an orderly marketing program. (3 credits;
alternate years, consult department)
|
| |
| AGR302 |
Agri-Business Management |
3 credits |
|
This course is designed to expose the student to management principles
and techniques as they apply to the agri-business setting. (3 credits;
alternate years, consult department)
|
| |
| AGR460 |
Global Food Policy |
3 credits |
|
This course analyzes the public policy formulation process, U.S. and
global food policies, and the impact of food policies on various groups
of global citizens in both a historical and contemporary setting.
Prerequisites: ECO213 and 214; junior class standing and
completion of cross-cultural requirement. (3 credits; alternate years,
consult department)
|
| |
| BUS101 |
Introduction to Business |
2 credits |
|
This course is an overview of the business and economics area with a
special emphasis on the impact of business on society. It covers areas
such as financing, real estate, law and economics, with particular
emphasis on the social impact of these areas. (2 credits; alternate
years, consult department)
|
| |
| BUS200 |
Principles of Marketing |
3 credits |
|
This course introduces students to marketing terminology; defines the
elements necessary in moving a product, service, or idea from concept to
market sales; and enables students to understand and replicate the
marketing process at an entry level. (3 credits)
|
| |
| BUS201 |
Principles of Management |
2 credits |
|
This course introduces the student to the basic principles of management
of people. It includes the understanding of peoples' actions in the work
place and the response of management and supervision. It includes the
study of basic management tools and techniques. (2 credits)
|
| |
| BUS218 |
Business Ethics |
2 credits |
|
A study of basic ethical theories including the Christian impact on
ethics. The applications of ethical decision-making to business problems
and cases. Prerequisites: sophomore class standing and completion of at
least two courses in business, economics or accounting. (2 credits)
|
| |
| BUS300 |
Principles of Finance |
2 credits |
|
This course covers the basic principles, theory and techniques of
financial decision-making in the structure of a corporation.
Prerequisites: ACC215 and 216 and MAT117. (2 credits)
|
| |
| BUS304 |
Investments |
3 credits |
|
Models of risk and return are carefully developed to provide a basis for
assessing investment opportunities and to enhance our understanding of
the role and importance of financial markets. A considerable portion of
the course will be devoted to the pricing of derivative securities
including options, forward contracts and futures contracts. Prerequisite:
BUS300 or ACC315. (3 credits)
|
| |
| BUS305 |
Organizational Behavior and Theory |
3 credits |
|
This course will review the major historical and contemporary themes and
phases of organizational theory and behavior. The class will examine and
discuss the evolution and practice of the modern organization. The course
will provide an understanding of the key concepts and principles of
organization theory and behavior. This course will provide an opportunity
for critical analysis and practical application of the concepts
identified through the readings and lecture. Prerequisite: BUS201.
(3 credits)
|
| |
| BUS308 |
Methods of Teaching Secondary Business |
2 credits |
|
This course is the study of the content, techniques, materials and
theory for teaching business at the secondary level. The course does not
count toward a major or minor in business education, business
administration, accounting or economics. (2 credits; alternate years,
consult department)
|
| |
| BUS309 |
Human Resource Management |
3 credits |
|
Students study the development of human resources management, including
history, policies, practices and applications. Specific attention is paid
to the study of the processes involving the management of human resources
and its legal environment. Prerequisites: BUS201 and 305 or permission of
instructor. (3 credits)
|
| |
| BUS310 |
Sales and Sales Management |
2 credits |
|
This course covers sales concepts of prospecting and qualifying;
planning the sales presentation and closing the sale. It also explores
legal, ethical and social responsibilities for the sales professional.
This course provides the sales management tools of sales support and
managing the sales force. Prerequisite: BUS200. (2 credits;
alternate years, consult department)
|
| |
| BUS321 |
Business Law I |
3 credits |
|
This course is designed to acquaint students with the legal principles
which, when followed, allow business transactions to run smoothly and
with predictability. The topics include contracts, agency and property
law, plus criminal law, torts, the Uniform Commercial Code, the
litigation process, and alternatives to litigation. Both business and
nonbusiness students can benefit from this basic course on Anglo-American
law. (3 credits)
|
| |
| BUS322 |
Business Law II |
3 credits |
|
A continuation of Business Law I, this course looks at sales transactions
in more detail. It also focuses on the legal differences between sole
proprietorships, partnerships, and the corporate business structure. In
addition, students learn the significance of negotiable instruments,
learn how to minimize risk in credit transactions, study federal
regulations of business, and look at the bankruptcy code. Prerequisite:
BUS321 or permission of instructor. (3 credits)
|
| |
| BUS323 |
Operations Management |
3 credits |
|
The course investigates the theory, scope and practice in industrial and
service management, including scheduling, inventory control, logistics,
forecasting and coordination. Strong emphasis is placed on practical
and behavioral aspects of operations management. Prerequisite: BUS201.
(3 credits)
|
| |
| BUS398 |
Directed Study |
2-4 credits |
|
|
| |
| BUS400 |
Christian Entrepreneurial Leadership Seminar |
2 credits |
|
This is an upper-level course focusing on student interaction with
successful Christian leaders from a broad spectrum of professional
fields. Each week, one scheduled speaker will both meet informally with
the class and participate in a classroom seminar. Students will maintain
a journal of their observations; readings from a variety of
entrepreneurial and leadership sources will be required. The student will
also be required to participate in the Spring Leadership Conference at
NWC and attend off-site experiential activities in the local area.
Prerequisite: junior class standing. (2 credits)
|
| |
| BUS401 |
Consumer Behavior |
3 credits |
|
This course explores the cultural, social, personal and psychological
factors influencing buyer behavior; buying-decision processes and stages;
and learning theory integrated with consumer beliefs and attitudes.
Prerequisite: BUS200. (3 credits)
|
| |
| BUS402 |
Business Research |
3 credits |
|
In this course, students learn to identify research needs, select
research techniques, design research projects, develop research
instruments and understand descriptive statistics methods. The goal is
to equip them for reading, interpreting and conducting business research.
Prerequisites: BUS200 and MAT117. (3 credits)
|
| |
| BUS403 |
Business Strategy |
3 credits |
|
This capstone course is designed to assist students in assimilating and
synthesizing the material covered throughout their studies. It focuses on
an integrated approach to management decision-making using all of the
functional areas of business. Prerequisite: completion of business core
and senior class standing. (3 credits)
|
| |
| BUS404 |
Advanced Corporate Finance |
4 credits |
|
This course is a continuation of Principles of Finance. We will explore
topics such as the cost of capital, capital structure and dividend
policy, and analyze their significance in long-term financing decisions.
We will also examine international aspects of corporate finance and the
management of risk with derivative securities. Prerequisite: BUS300
or ACC315. (4 credits)
|
| |
| BUS405 |
Strategic Marketing |
3 credits |
|
This course focuses on marketing management application in the business
world. Students explore strategic marketing, decision making, marketing
applications and ethical considerations while developing marketing plans
for real-world clients. Students maintain a journal of their observations
and present a deliverable plan to their clients. Prerequisite: BUS200.
(3 credits)
|
| |
| BUS417 |
Internship |
6-8 credits |
|
(2 credits may apply toward the major)
|
| |
| BUS499 |
Honors Research |
2-4 credits |
|
|
| |
| ECO101 |
Survey of Economics |
4 credits |
|
(general education option under social science) This is an introductory
course in economics which will cover both microeconomics and
macroeconomics topics. The course will explore economic institutions, how
they came to be, how they have changed over time, and how the government
modifies them. The course is not open to business or economics majors. (4
credits)
|
| |
| ECO213 |
Principles of Microeconomics |
4 credits |
|
Microeconomics deals with price determination and how the price system
functions. Supply and demand, output, competition, monopoly, resource,
pricing, international trade and finance will be studied. (4 credits)
|
| |
| ECO214 |
Principles of Macroeconomics |
3 credits |
|
Macroeconomics views the big picture in economics. It concerns itself
with aggregates and the impact on cities, states and nations. The
problems of inflation, unemployment, pollution, recessions, the national
debt and international trade will be studied. Current applications of
monetary and fiscal policy will also be surveyed. Prerequisite: ECO213.
(3 credits)
|
| |
| ECO301 |
Money and Banking |
3 credits |
|
This course is designed to increase understanding of how banks and the
banking system fit into the whole economic picture. The functions of
money, federal reserve system, monetary theory, inflation and
international finance are several units of study. Prerequisites:
ECO213 and 214. (3 credits)
|
| |
| ECO302 |
Labor Economics |
3 credits |
|
Labor problems have existed since the first person was hired to work for
another. Salaries, minimum wage, job security, fringe benefits, unions,
negotiations and the extent of government involvement in each, will lay
the groundwork for this course. Special emphasis is placed on current
practice and theory in labor-management negotiations. Prerequisites:
ECO213 and 214. (3 credits)
|
| |
| ECO305 |
Current Economic Problems |
3 credits |
|
This is an upper-level discussion course designed to require students to
apply economic principles and policies to issues confronting economists
in business and government. Both micro and macro concepts are explored.
Certain controversial issues to be confronted deal with the extent of
government involvement in the economy, energy, employment, inflation,
deficits and world trade. Prerequisites: ECO213 and 214. (3 credits;
alternate years, consult department)
|
| |
| ECO314 |
Intermediate Macroeconomics |
4 credits |
|
Builds on the concepts of inflation, unemployment and economic growth
learned in principles level macroeconomics. Introduces models with which
the student will become more proficient in understanding how the economy
works. Prerequisite: ECO214. (4 credits; alternate years, consult
department)
|
| |
| ECO315 |
Intermediate Microeconomics |
4 credits |
|
This course will examine economic theory and methodology with emphasis on
the principles of price determination, consumer behavior, market
equilibrium, optimality of resource allocation, production and costs,
comparison of market structures, and the behavior of firms in nonperfect
competition. Prerequisite: ECO213. (4 credits; alternate years,
consult department)
|
| |
| ECO333 |
International Economics |
3 credits |
|
A study of the theory and practice of international trade, international
economic and monetary activities, balance of trade, international payment
mechanisms, exchange rate systems, functions of the International
Monetary Fund and the World Bank, and the effects of debtor nations on
domestic economic policies. Prerequisites: ECO213 and 214. (3 credits)
|
| |
| ECO390 |
Game Theory |
3 credits |
|
This course is an introduction to and survey of the theory of games
(multiperson decision theory) and its applications, primarily in
economics. The Nash equilibrium concept will be carefully developed to
provide a basis for analyzing various forms of strategic interaction.
Areas of application will include oligopolistic markets, common resource
markets, stock market microstructure and corporate takeovers. In addition
to economic applications, we will use game theory to explore selected
political, social and religious issues. Prerequisites: MAT111 or
112, or permission of instructor. (3 credits; alternate years, consult
department)
|
| |
| ECO398 |
Directed Study |
2-4 credits |
|
|
| |
| ECO417 |
Internship |
6-8 credits |
|
(4 credits may apply toward the major)
|
| |
| ECO499 |
Honors Research |
2-4 credits |
|
|
Business
