MBE Department

Management, Business and Economics

Management, Business and Economics
David Garraty 757.455.3227

 

Course Descriptions

MBE 100 Introduction to Economics (3)

Designed to provide students with a solid foundation in fundamental economic literacy and reasoning. Topics include scarcity, incentives, and choice; resource allocation; exchange, competition, and markets; economic efficiency; investment, production, and income; money, interest rates, and GDP; business cycles and governmental policies. Emphasis is placed on active learning and current economic issues and problems. Offered each semester. ý

MBE 101 Introduction to Business (3)

A general survey course designed for the student who desires information about commercial activities to build a basic foundation for more advanced courses, to decide on an academic major, or to complement his/her present major. Offered each spring.

MBE 111 Global Commerce (3)

Introduces the opportunities and constraints posed by the ever-expanding global trade environment. It provides an overview of the concerns that may impact the modern manager in many organizations. Concepts such as multinational trade, trading blocs such as NAFTA, legal issues involved in international commerce, as well as the importance of cultural/regional characteristics are presented. Through active involvement and outside-the-classroom research, observation, and study, the student is encouraged to examine a wide range of issues as they relate to global commerce, including transnational transactions, communications, and transportation. Travel course repeatable for additional credit. Prerequisite: a valid passport. Offered in selected Winter Sessions. ýý

MBE 112 Problem Solving & Decision Making (3)

Designed to provide the basic skills of management, the course is valuable in improving thinking skills regardless of one's academic major. It examines various methods of problem solving and decision making, progressing from simple decisions under certainty to complex decisions under uncertainty. Both quantitative and creative methods will be used. No prerequisites but students should have good math (at elementary algebra level) and English skills (beyond the 105 level). Offered each semester.

MBE 201 Introduction to Macroeconomics (3)

Deals with understanding contemporary economic systems and the analysis necessary to achieve the "economic way of thinking." Prerequisite: elementary algebra skills (MATH 105 or equivalent placement test results) and sophomore status or above. Offered each fall.

MBE 202 Introduction to Microeconomics (3)

The second semester of this two-part course deals with understanding and applying the tools of micro-economic analysis to contemporary profit or non-profit organizations. Prerequisite: MBE 201. Offered each spring.

MBE 203 Accounting I (3)

A study of the basic principles and systems of accounts that underlie financial reporting. Heavy emphasis is placed on actual bookkeeping to relate concepts. Requires math competency in basic addition, subtraction, multiplication, division, percentages, and ratios. Offered each fall.

MBE 204 Accounting II (3)

The second semester of this two-part course deals with the collection of accounting data to prepare financial reports for management use in planning and controlling. Prerequisite: MBE 203. Offered each spring.

MBE 216 Taxation (3)

A study of the tax environment and the codes, regulations, and court decisions as they relate to income tax problems of individuals, including tax preparation and tax research. Prerequisite: sophomore status or above. Offered each fall.

MBE 301 Principles of Management (3) (W)

The study of the art and science of management in relation to the functions of planning, organizing, directing, controlling. Heavy emphasis is given to learning through both in-class and out-of-class group experiences, with substantial writing about such experiences. Prerequisites: completion of all required freshman and sophomore-level MBE courses or consent. Offered each semester.

MBE 303 Financial Accounting Theory I (3)

A study of the theory and application of generally accepted accounting principles. The emphasis is on financial statement presentation, current assets and liabilities, intangible assets, and operational assets. Prerequisites: MBE 203, 204. Offered fall of even-numbered years.

MBE 304 Financial Accounting Theory II (3)

A continuation of MBE 303. The emphasis is on corporate equity accounts, long-term investments and liabilities, cash flows, pension costs, current value accounting, and foreign currency transactions. Prerequisites: MBE 203, 204, 303. Offered spring of odd-numbered years.

MBE 305 International Accounting Theory (3)

Concentrates on accounting for firms engaged in international commerce: translation of foreign currency financial statements, and for branches, subsidiaries, mergers, acquisitions, and divestitures of multinational corporations. Prerequisites: MBE 203 and 204. Offered spring of odd-numbered years.

MBE 306 Business Law (3)

A study of contract law and the Uniform Commercial Code. Prerequisites: MBE 101 or 201, and junior/senior status. Offered spring of even-numbered years.

MBE 310 Money, Banking, & Financial Institutions (3)

The basics of monetary policy in terms of public policy. Study of Federal Reserve System, commercial bank lending, investments, money, and capital markets. Prerequisites: MBE 201 and 202. Offered each fall.

MBE 316 Marketing Principles (3)

Builds upon the analytical and communication skills gained in lower-level courses. The student gains an understanding of products and services, channels of distribution, pricing strategies, and elements of promotion. Prerequisites: MBE 201 and 202, and junior status or consent. Offered each semester.

MBE 317 Advanced Taxation (3)

Continues the study of taxation of individuals, partnerships, and corporations. Topics include advanced topics in individual taxation; business taxation, including sale and exchange transactions, the determination of taxable income, and distributions; and property transactions. Prerequisite: MBE 216. Offered intermittently. ý

MBE 322 Financial Management (3)

The study of determining in what assets a firm should invest and determining what sources of funding are appropriate. Mathematical analysis of operating and financial leverage, the cost of capital, management of working capital, and sources of money and capital. Prerequisites: MBE 112, 201-204, and MATH 106. Offered each semester.

MBE 324 Human Resource Management (3) (W)

An in-depth study of why people work and how to assist their development. Topics include manpower planning, selection, performance appraisal, compensation, discipline, and policy issues. Strong behavioral science approach. Suggested precourse: SOC 303 or 305, PSY 255 or 322. Prerequisite: MBE 301 or consent. Offered spring of even-numbered years.

MBE 330 History of Economic Thought (3) (H,W)

An introductory course focusing on the development of economic thought from Adam Smith up to the present. Emphasis is on the correlation between successive stages of growth in economic theory. Writers covered will include Smith, Ricardo, Malthus, Marx, Marshall, Keynes, Galbraith, and Friedman. Prerequisite: MBE 201 and 202. Offered intermittently.

MBE 331 Managerial Economics (3)

Emphasizes business applications of micro-economic tools and concepts. Includes analysis of demand, cost, production functions, and alternative pricing theories. Prerequisite: MBE 201 and 202 and MATH 106. Offered intermittently.

MBE 332 Economic Development (3) (S,W)

Introduces the student to the major problems and issues in economic development and the economies of less developed countries with respect to achieving social and economic goals. Prerequisites: MBE 201 and 202. Offered spring of odd-numbered years.

MBE 333 International Business (3) (S,W)

Focuses on the increasing degree of international trade and multinational corporations. Analyzes international exchange, marketing, and personnel policies. Prerequisites: MBE 201 and 202. Offered each fall.

MBE 334 Economic Modeling & Forecastng (3) (E)

An applications-oriented course which gives the quantitatively competent student experience in data collection and analysis with the use of computer statistical programs. A review of basic statistics precedes development of the bivariate regression model. Additional topics may include multiple regression, serial correlation, multicollinearity, and dummy variables. Prerequisites: MBE 201 and 202, MATH 106, or consent. Offered intermittently.

MBE 335 Accounting Information Systems (3)

Allows the student to develop a conceptual framework for the development, implementation, and evaluation of an accounting information system. Primary topics include system understanding and documentation, risk analysis, and typical accounting transaction cycles. The lab experience provides application of system concepts to popular software applications. Prerequisite: MBE 203. Offered in selected Winter Sessions.

MBE 343 Government & Not-For-Profit Accounting (3)

A study of appropriate accounting for such entities as governments, colleges, churches, hospitals, charities, and clubs. Prerequisite: MBE 203. Offered spring of even-numbered years.

MBE 345 Managerial Cost Accounting (3)

The study of cost accounting, budget analysis, and other advanced concepts used by manufacturers and other large businesses or non-profit organizations. Prerequisites: MBE 203 and 204. Offered fall of odd-numbered years.

MBE 348 Marketing Management: Integrated Marketing Communications (3)

An advanced marketing course designed to give students the opportunity to apply principles learned in earlier marketing and communications courses through the development of a marketing plan. Prerequisite: MBE 316 or consent. Offered spring of odd-numbered years.

MBE 355 Auditing (3) (W)

A study of the theory and procedure of public auditing and internal auditing from the standpoint of professional ethics, auditors? legal responsibilities, detection and control of fraud, client relationships, standards of reporting, and management advisory services. Prerequisites: MBE 203, 204. Offered fall of even-numbered years.

MBE 373 Conflict Management (3) (S)

Identical to CJ 373 and POLS 373.

MBE 400 Seminar in Managerial Ethics (3) (W)

A course to assist students to construct for themselves a conceptual framework for examining and making decisions about ethical practices in managing organizations. Learning strategies include self-evaluation exercises, class discussions, readings on ethical frameworks and applying them to cases, analytical issue papers, and oral reports. Prerequisites: MBE 301, 316, 322, senior status or consent. Offered each semester.

MBE 401 Management in Literature (3)

Students read excerpts from and entire works of "great works: of literature. Through both class discussions and typewritten papers, students reflect upon how the ideas presented in such works are useful to effective management functions, roles and ethical leadership practices. Some of the works to be read include The Iliad, Henry IV and Henry V, Billy Budd, Heart of Darkness, The Autobiography of Malcolm X, plus selected writings of Plutarch, Herodotus, Thucydides, and Mahatma Ghandi. Film reproductions/recreations of some of these works/persons will be shown. Prerequisite: MBE 301. Offered intermittently.

MBE 406 Senior Seminar: Management Strategy (3) (I,W)

Centers around the theme that a company achieves sustained success if and only if its managers (1) have an astute, timely strategic game plan for running the company, and (2) implement and execute the plan with proficiency. This case-orientated course explains how and why a well-conceived, well-executed strategy nearly always enhances a company's long-term performance. Prerequisites: senior status, MBE 301, 316, 322, 400 and all other general studies requirements completed at least concurrently. Offered each semester.

MBE 407 Senior Seminar: Small Business Planning (3) (I,W)

By preparing a comprehensive business plan, students sharpen their understanding of management, integrate strategic thinking with operational constraints, and explore the role of small business in the American economy. Emphasis is on synthesizing knowledge and skills gained in previous courses. Prerequisites: senior status, MBE 301, 316, 322, 400 and all other general studies requirements completed at least concurrently. Offered intermittently.

MBE 408 Senior Seminar: Comparative Economics Systems (3) (I)

Students engage in an in-depth, integrated study of the development and functioning of the American economic system compared with that of other countries. Prerequisite: senior status, MBE 301, 316, 322, 400 and all other general studies requirements completed at least concurrently. Offered intermittently.

MBE 414 Internship Exploration & Design (3)

Designed to educate the student (who hopes to take MBE 416/417 the following semester) in how to find, design, and maximize independent learning in an internship. A major outcome is the negotiation of a learning plan agreement with a sponsoring organization. Prerequisites: LAMP major with a "B" (3.0) or better, all required major and general studies courses completed at least by the end of the semester in which this course is taken, a minimum 50-page autobiography completed during the summer and ready for submission at the first class; application to be made no later than early registration in the previous spring semester. Offered each fall.

MBE 416 Management Internship (12)

Students implement their work-and-learning agreement devised in MBE 414 for full-time placement (16 weeks or a minimum of 600 total hours) as a pre-professional in their sponsoring organization, where they gain practical experience in the application of previously acquired knowledge and managerial skills. Students self-evaluate and are evaluated by their organizational supervisor. Pass/fail grading. Prerequisite: MBE 414; must co-register with MBE 417. Offered each spring.

MBE 417 Internship Seminar (3) (I)

Offered concurrently with the internship. Intended to enhance academic learning and to provide integration of general studies knowledge (particularly that of ethical analysis and action) and management theory and principles with the experiential learning undertaken in MBE 416. Involves weekly written reports, oral reports, readings in texts and internship-related periodicals, and a major integrative paper as the culminating academic experience. Prerequisite: MBE 414; must co-register with MBE 416. Offered each spring.

MBE 491 Independent Integrated Study In Management (3)

Has the same design purpose and application procedure as MBE 490, but with the further requirements that (1) it must be taken for three semester hours, and (2) the enrolled student must bring synthesis to the particular area of study (and the process of learning) chosen. This synthesis will be a paper putting the particular study into the context of historical perspective, world-view or paradigm perspective, the technological (empirical) perspective (including communications) and its consequences for the cultural or institutional system. Offered on demand, but preferably during the summer.

MBE 492 Guided Study/Independent Research (3)

POCJMB 373 Conflict Management (3) (S,W)