Accounting Course Descriptions

ACT 201 Principles of Accounting I

An introduction to the basic concepts of financial analysis and recording. Introduction to the entire accounting cycle through preparation of worksheets and financial statements, special journals, and subsidiary ledgers. Prerequisite:MGT 123 or permission of the instructor. (3)

ACT 202 Principles of Accounting II

A continuation of the concepts and practices introduced in ACT 201. Introduction to partnership and corporate accounting and financial statement analysis. Prerequisite: ACT 201 with a grade of C or better. Corequisite: ACT 202L (3)

ACT 202L Principles of Accounting Lab

This course consists of cases the complement the content of ACT 202 using the Excel format.  Corequisite: The course must be taken concurrently with ACT 202.  Transfer students may enroll if they have completed ACT 202 elsewhere. (1)

ECO 210 Principles of Microeconomics

The market mechanism, with a detailed examination of supply and demand and applications to monopoly power, externalities, resource markets, and instruments of social action. Prerequisite: MGT 123 or any 100-level or higher Mathematics course. Liberal Arts Core/University Requirements Designation: SS-1. (3)

ECO 211 Principles of Macroeconomics

Examines the measurement and determination of aggregate levels of income and output, employment, and prices. The role of the central bank and the impact of government spending and taxation are examined as well. Prerequisite: MGT 123 or any 100-level or higher Mathematics course. Liberal Arts Core/University Requirements Designation: SS-1. (3)

FIN 301 Financial Management

The fundamentals of business finance, including financial analysis, planning, and control; management of working capital; analysis of long-term investment opportunities; and examination of internal and external sources of financing. Prerequisites: ACT 202. (3)

IT 110 Information Technology in the Global Age

Introduces students to the role of information technology in today’s global business, political, and government environments, and in society in general. It examines the role of technology globally, particularly as it is used for cultural awareness, business development, political change, and social improvement. The negative aspects of technology (e.g., dumping of end-of-life hardware in developing countries) are also discussed. The course studies infrastructure (hardware and software, networks, the Internet), communications, software and website development, databases, and information security and privacy. Liberal Arts Core/University Requirements Designation: GP. (3)

LA 248 Business Law I

A study of the rights and relationships involved in the laws of contracts, sales and agency, including the Uniform Commercial Code. Prerequisite: MGT 123. (3)

LA 249 Business Law II

A study of the law relating to the development and operations of partnerships, limited liability companies, and corporations, and of the government agencies that regulate business. Prerequisite: LA 248. (3)

MA 151 Mathematical Methods for Business

This lively course uses Excel to apply mathematical analyses for data that reflects realistic business scenarios.  Students will develop a deep understanding of linear models, including systems of linear equations and systems of linear inequalities.  They will also be able to recognize, manipulate, and perform analyses involving polynomial and exponential functions.  The course covers introductory probability, expected value, and regression.  The mathematical concepts are applied to problems in break-even analysis, optimization, and decision analysis, with an eye to risk and sensitivity in model outcomes.  Prerequisite: complete university’s Directed Self Placement process, or a grade of C or better in MA095.  Liberal Arts Core/University Requirements Designation: MT. (3)

MGT 123 The Business Experience

A survey of American business with an experiential focus on the business resources of the Washington, DC, area. The student is given an overview of business formation; management origins; and the functional relationships of marketing, finance, personnel, and production. For students completing a Bachelor of Business Administration, a minimum grade of C is required to continue in the program. (3)

MGT 223 Sophomore Business Experience

Provides additional interaction with sophomore students as a group. Activities will be designed to help students identify or confirm their areas of specialization, continue to build critical thinking and information literacy skills, and understand the applicability of freshman- and sophomore-level foundational business courses to real-world business problems. Sample activities will include research about and discussions of current business topics and identification of career opportunities through guest speakers and site visits. Students will plan and give several short presentations, individually and in groups. Prerequisites: EN 102MGT 123ACT 201, and ECO 210 or ECO 211Liberal Arts Core/University Requirements Designation: DSINQ. (1)

MGT 291 Business Communication

Focuses on the skills and approaches people in the business environment must have to communicate effectively at work. Emphasizes writing in a variety of formats, preparing and delivering business presentations, writing in teams, negotiating and interpersonal communication skills, and spending 40 percent of one’s time with every writing/speaking assignment engaged in editing and revision. Requires successful demonstration in the use of today’s technology to communicate with a variety of business audiences. Knowledge of PowerPoint required. Prerequisite: EN 102Liberal Arts Core/University Requirements Designation: WI. (3)

MGT 304 Organizational Management

A study of behavior in organizations and influences of individual, group, and organizational processes on performance. Among the topics that will be introduced are interpersonal perception, motivation, group and team dynamics, decision making, influence and conflict, interpersonal communication, and organizational cultures. For students completing a Bachelor of Business Administration, a minimum grade of C is required to continue in the program. Prerequisite: MGT 123 or EN 102. (3)

MGT 323 Junior Business Experience

Provides additional interaction with junior students as a group. Activities will be designed to help students integrate knowledge and skills acquired through B.B.A. core courses in solving business problems, and continue to build information literacy and critical thinking skills, specifically with the use of simulation packages to allow students to make business decisions in a competitive environment while working with classmates. Prerequisites: MGT 223, MGT 291, and LA 249. Prerequisites/corequisites: FIN 301 and MKT 301. Liberal Arts Core/University Requirements Designation: DSINQ. (1)

MGT 423 Senior Business Experience

Provides additional interaction with senior students as a group. Activities and seminar requirements will be designed to encourage students to employ knowledge and skills from throughout their undergraduate curriculum to develop innovative business solutions to real-world problems. Students will be expected to identify and employ metrics to critically assess the strengths, weaknesses, opportunities, and threats associated with alternative solutions. Sample activities include guest speakers, site visits, and discussion of current business issues to identify problems and possible solutions. Students will be expected to provide written as well as oral analysis, both individually and as part of a group. Prerequisites: senior status, MGT 323, FIN 301MKT 301MGT 304. Corequisite: MGT 489. Liberal Arts Core/University Requirements Designation: DSINQ. (1)

ACT/MGT/LA 490 Internship

Senior students register for field experience with cooperating business firms in the Washington metropolitan area. The internship is monitored by the director of internships for the School of Business Administration and a representative of the cooperating company. Application should be made 3 to 6 months prior to registration to permit exploration of internship opportunities. Prerequisites: permission of director of internships for the School of Business Administration, senior status, minimum of 90 credit hours with a cumulative GPA of 2.0 or better, and a cumulative GPA of 2.0 or better in all Business courses. Liberal Arts Core/University Requirements Designation: EXP. (3-6)

MGT 489 Senior Business Seminar

The capstone course for students earning a B.B.A. An integrative learning experience providing a hands-on opportunity for students to write a professional business plan and learn the basics of project management. Prerequisites: senior status, MGT 323, FIN 301MKT 301MGT 304. Corequisite: MGT 423Liberal Arts Core/University Requirements Designation: DSINQ. (3)

MSC 300 Business Statistics

Introduces students to the basic descriptive and inferential statistical procedures used in the analysis of data and testing of hypotheses in a business environment. Commonly available spreadsheet software is used. Prerequisite: MA 151 or equivalent. Liberal Arts Core/University Requirements Designation: DSINQ. (3)

MSC 337 Operations Management

A study of the concepts, issues, and decisions facing production and operations managers through the identification and analysis of a variety of operational problems. Emphasis on quantitative analysis techniques used by managers to solve these problems. Extensive use of microcomputer models. Prerequisites MSC 300 or MA 132. (3)

MKT 301 Principles of Marketing

A study of the system of interacting business activities that deliver goods and services to present and potential customers. Analysis of the problems of planning, research, and logistics that confront the modern marketing manager. Prerequisite: EN 102. (3)

PH 305 Business Ethics

Examines the ethical foundations of business and the role of ethical judgment in business decisions. The course covers philosophical theories of ethics and their application to business through case studies. Prerequisites: EN 102 and PH 200. Liberal Arts Core/University Requirements Designation: ETH, PH-2. (3)