Calendar 2005-2006 - The University of Akron

ENTREPRENEURSHIP
6300:
201 INTRODUCTION TO ENTREPRENEURSHIP 3 credits
Students are exposed to career options in entrepreneurship where they learn skills related to
starting or buying a small business, working for fast growth business or corporation, family business
and franchising. Open to all University students.
301 NEW VENTURE CREATION 3 credits
Prerequisite: 201 or by permission of instructor. Students work on the development of a business
plan based on their chosen path in the field entrepreneurship (starting or buying a small
business, working for fast growth business or corporation, new product family business or franchising).
Open to all University students.
330 FINANCING NEW VENTURES 3 credits
Prerequisite: 201 or by permission of instructor. Exploration of financing, legal, taxation, and
insurance issues involved with entrepreneurial ventures.
360 ENTREPRENEURIAL FIELD PROJECT 3 credits
Prerequisites: 201 or by permission of the instructor. A practical field experience where students
work in a consulting role on an actual entrepreneurial project involving a small business development
center, a small business incubator, or an existing small business.
450 BUSINESS PLAN DEVELOPMENT 3 credits
Prerequisite: 301. Students will work independently, with mentoring from the instructor, on an
entrepreneurial project. Students will gain hands-on experience in developing a business plan for
starting, acquiring, or expanding a business.
FINANCE
6400:
220 THE LEGAL AND SOCIAL ENVIRONMENT OF BUSINESS 3 credits
Prerequisite: completion of 32 credits. Explores the legal and social environment in which modern
business must function. The legal system, public and private law, and contemporary social
and ethical issues are addressed.
301 BUSINESS FINANCE 3 credits
Prerequisites: 3250:200; 3450:141 or 3450:289A or 3450:145. An overview of the financial system
and the major decision areas of the financial manager such as capital budgeting, financing,
and working capital management.
321 BUSINESS LAW I 3 credits
Prerequisite: completion of 64 credits. Discussions designed to develop legal reasoning within
substantive areas of contractual obligation, agency relationships, partnerships, corporations,
accountant’s legal responsibility, federal securities regulation and antitrust law.
322 BUSINESS LAW II 3 credits
Prerequisite: completion of 64 credits. Applications of Uniform Commercial Code in sales, commercial
paper and secured transactions. Additional discussions include property, wills, estates,
trusts, bailments, insurance, suretyship, bankruptcy, and labor law.
323 INTERNATIONAL BUSINESS LAW 3 credits
The law and international commercial transactions. Among the subjects covered are sovereignty;
treaties; agreements; antitrust practices; property rights; international arbitration.
332 PERSONAL FINANCIAL PLANNING 3 credits
Prerequisite: 301; 6200:250 or 255; or permission of instructor. Theory and case study applications
of the comprehensive personal and professional planning process.
338 FINANCIAL MARKETS AND INSTITUTIONS 3 credits
Prerequisite: 301 or 6140:370 or permission of instructor.. Studies the flows of funds. Analyzes
major financial intermediaries. Money and capital markets reviewed with emphasis on interest
rates and their impact upon administration of specific financial intermediaries.
343 INVESTMENTS 3 credits
Prerequisites: 6500:221; 301 or 6140:370; or permission of instructor. Range of security investment
media explored, alternative investment programs considered and role of securities markets
through which goals can be achieved studied.
379 ADVANCED BUSINESS FINANCE 3 credits
Prerequisite: 301; 6200:250 or 255; 6500:222; or permission of instructor. Theory and application
of capital budgeting, capital structure, leasing, working capital management, and dividend policy
within the financial information system.
390 REAL ESTATE PRINCIPLES: A VALUE APPROACH 3 credits
A study of real estate: the profession, the process, and the product. Emphasis is on real estate
as a product and the valuation process. The measurement of value requires tool abilities in
accounting, statistics and finance.
402 INCOME PROPERTY APPRAISAL 3 credits
Prerequisites: 301 or 6140:370 or permission of instructor. Advanced course in real property
appraisal and valuation. Techniques and concepts will be covered along with the theory underlying
such techniques.
403 REAL ESTATE FINANCE 3 credits
Prerequisites: 301 or 6140:370 or permission of instructor. Advanced course in real estate covering
financing of and investment in real property. Included are investment techniques, methods,
institutions, instruments, valuation, appraisal and policy issues.
415 RISK MANAGEMENT AND INSURANCE 3 credits
Prerequisite: 301 or 6140:370; or permission of instructor. Concepts of life and health insurance,
property and casualty insurance, and risk and risk management are addressed, including analysis
of employee benefit issues.
* A student who has completed all but one of the required course prerequisites may enroll in the last
required course concurrently with 471 with permission from the department of management chair.
417 RETIREMENT AND ESTATE PLANNING 3 credits
Prerequisites: 301, 370 or permission of instructor. An in-depth examination of retirement and
estate planning objectives, methods,and strategies including the study of employee benefits
plans, public and private pension funds, and lifetime strategies for maximization of estate assets.
424 LEGAL CONCEPTS OF REAL ESTATE 3 credits
Study of concepts of law governing the many interests in real estate including acquisition,
encumbrance, transfer, rights and obligations of parties, and the various state and federal regulations.
The legal concepts of the business of real estate are likewise examined. Emphasis is on a
managerial approach utilizing the case method.
432 SEMINAR IN FINANCIAL PLANNING 3 credits
Prerequisites: 332 or permission of instructor; and 6200:410, 6400:343 and 415 must be taken
prior to or concurrently. Explores financial planning function, including contact, data acquisition,
plan development and implementation; addresses planning techniques and financial planning
ethical issues.
436 COMMERCIAL BANK MANAGEMENT 3 credits
Prerequisite: 301 or 6140:370; 6200: 250 or 255; or permission of instructor. Study of administrative
policy determination and decision making within the commercial bank. Analysis of policy
making in areas of liquidity, loan and security investment and sources of funds.
438/538 INTERNATIONAL BANKING 3 credits
Prerequisite: 301 or 602. Examination of recent trends in the expansion of international banking
activities and associated revenue maximizing strategies.
447 SECURITY AND PORTFOLIO ANALYSIS 3 credits
Prerequisite: 343; and 6200:250 or 255; or permission of instructor. Application of quantitative
and qualitative techniques of analysis to fixed income and equity securities, and their composition
weights in portfolios during different time periods.
473 FINANCIAL STATEMENT ANALYSIS 3 credits
Prerequisites: 301; 6200:250 or 255; or permission of instructor. Analysis and interpretation of
the financial position and performance of the business firm from the perspective of the credit
and financial analyst. Emphasizes mechanics and art of financial analysis.
481 INTERNATIONAL BUSINESS FINANCE 3 credits
Prerequisite: 301 or permission of instructor. Theory and practice of financial wealth maximization
in the international business enterprise.
485 FINANCIAL STRATEGY 3 credits
Prerequisite: senior standing; 379; or permission of instructor. Capstone course with applications
of financial management theories and tools to decisions in capital budgeting, capital structure,
and working capital management.
490 SELECTED TOPICS IN FINANCE 1-3 credits
Prerequisite: 301; 6200:250 or 255. Provides opportunity for study of special topics not covered
in current finance courses.
MANAGEMENT
6500:
6500:Management 2005-2006 263
221 QUANTITATIVE BUSINESS ANALYSIS I 3 credits
Prerequisite: 3450:145 or 3450:289 or 3450:141. Descriptive statistics: probability; sampling distributions;
interval estimation; single sample hypothesis testing and p-values. Case analysis with written
individual and team reports will be used.
222 QUANTITATIVE BUSINESS ANALYSIS II 3 credits
Prerequisite: 221. Two-sample hypothesis testing; ANOVA; Chi-square tests; simple and multiple
linear regression; nonparametric procedures; forecasting. Case analysis with written individual and
team reports will be used.
301 MANAGEMENT: PRINCIPLES AND CONCEPTS 3 credits
Prerequisites: 48 completed credit hours. An interdisciplinary approach to the study of the basic
principles of general management theory and practice.
302 ORGANIZATIONAL BEHAVIOR AND LEADERSHIP SKILLS 3 credits
Prerequisite: 301. Investigation of applications of behavioral and social sciences as they relate to
individual, group behavior in organizations.
310 BUSINESS INFORMATION SYSTEMS 3 credits
Prerequisites: 48 completed credit hours and 6200:250 or equivalent. Provides a technical and
organizational foundation for understanding the use and importance of information systems and
information technology in today’s business environment.
315 APPLICATIONS DEVELOPMENT FOR BUSINESS PROCESSES 3 credits
Prerequisite: 6200:250 and 48 completed hours. Analysis and automation of business operations
and processes. Development of applications based on a simulated enterprise-wide database.
324 DATA MANAGEMENT FOR INFORMATION SYSTEMS 3 credits
Prerequisites: 310 and 48 completed hours. An introduction to database design and management,
including data modeling, relational theory, Structured Query Language, and database applications,
development, using database management systems.
325 ANALYSIS, DESIGN AND DEVELOPMENT OF INFORMATION SYSTEMS 3 credits
Prerequisite: 324. An introduction to the techniques of business modeling, systems design, and
implementation, including the application of software engineering tools in support of modeling and
code generation.
330 PRINCIPLES OF OPERATIONS MANAGEMENT 3 credits
Prerequisites: 301 and 221 or equivalent. An overview of the terminology, fundamental concepts
and functional scope of responsibility encountered in the field of operations management.
333 PRODUCTION AND OPERATIONS ANALYSIS 3 credits
Prerequisites: 222 and 330. Application of quantitative models in the analysis and design of operational
systems in manufacturing and service environments.