Skip Navigation

Course Descriptions

Business Courses

MBE 100 Introduction to Economics (4)

Provides students with a solid foundation in 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. Emphasizes active learning and current economic issues and problems. Offered each semester.

MBE 101 Introduction to Business (4)

A general survey course designed for students who desire information about commercial activities to build a foundation for more advanced courses, to decide on a major, or to complement a major. Offered each semester.

MBE 112 Problem Solving and Decision Making (2)

Designed to provide the basic skills of management and to improve thinking skills regardless of a student's major. 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 are used. No prerequisites, but students should have elementary algebra skills and English skills beyond the 105 level. Offered each semester.

MBE 201 Introductory Macroeconomics (4)

A study of contemporary economic systems and the analysis necessary to achieve the "economic way of thinking." Prerequisites: elementary algebra skills (MATH 105 or placement level H, A, B) and sophomore status or above. Offered each fall.

MBE 202 Introductory Microeconomics (4)

The second semester of this two-part course enables students to understand and apply the tools of micro-economic analysis to contemporary profit or non-profit organizations. Prerequisite: MBE 201. Offered each spring.

MBE 203 Accounting I (4)

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 (4)

The second semester of this two-part course covers 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 (4)

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 300 Study Abroad (3)

MBE 300. Study Abroad (3)

MBE 301 Principles of Management (4) (W)

A study of the art and science of management in relation to the functions of planning, organizing, directing, and controlling. Students learn through both in-class and out-of-class group experiences, with substantial writing about such experiences. Prerequisites: ENG 105 with a grade of C or higher, MBE 201 and 203, and junior status. Offered each semester.

MBE 303 Financial Accounting Theory I (4)

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

MBE 304 Financial Accounting Theory II (4)

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

MBE 306 Business Law (4)

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, and Financial Institutions (4)

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

MBE 316 Marketing Principles (4)

Builds upon the analytical and communication skills gained in lower-level courses. Students gain an understanding of products and services, channels of distribution, pricing strategies, and elements of promotion. Prerequisites: MBE 201 and 203. Offered each semester.

MBE 322 Financial Management (4)

Students learn how to determine in what assets a firm should invest and what sources of funding are appropriate. Topics include mathematical analysis of operating and financial leverage, the cost of capital, management of working capital, and sources of money and capital. Prerequisites: MBE 201, 202, 203, and 204, and MATH 210 (formerly MATH 106). Offered each semester.

MBE 324 Human Resource Management (4) (W)

A study of the human resource process, including such issues as recruiting, selection, training, performance appraisal, and compensation. Learning activities include experiental and group exercises, discussions, readings on HRM framework and application to cases, analytical issue papers, and oral reports. Prerequisites: ENG 105 with a grade of C or higher and MBE 301, or consent. Offered fall of odd-numbered years.

MBE 330 History of Economic Thought (4) (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 include Smith, Ricardo, Malthus, Marx, Marshall, Keynes, Galbraith, and Friedman. Prerequisites: MBE 201 and 202. Offered intermittently.

MBE 332 Economic Development (4)

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 (4) (S,W)

Focuses on the increasing degree of international trade and multinational corporations. Analyzes international exchange, marketing, and personnel policies. Prerequisite: ENG 105 with a grade of C or higher. Offered each fall.

MBE 335 Accounting Information Systems (4)

Students 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 340 Forensic Accounting (4)

The application of accounting methods to assist in solving economic-based crimes. The course includes discussion of criminal statues relating to financial crimes, fraud investigation and prevention, techniques used in solving financial crimes, and current issues in financial investigation. Identical to CJ 340. Prerequisite: MBE 203. Offered spring of even-numbered years.

MBE 345 Managerial Cost Accounting (4)

A 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 (4)

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

MBE 350 Supply Chain Management and Logistics (4)

Provides an understanding of supply chain management and logistics processes as they apply to both service and manufacturing organizations. Special consideration is given to identifying ways in which the strategic use of supply chain management can create competitive advantages for firms. Prerequisite: MBE 301 or 316. Offered in selected Winter Sessions.

MBE 355 Auditing (4) (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 (4) (S,W)

Examines conflict processes within and between organizations and alternative approaches to conflict management, drawing on the contributions of several disciplines and experience in organization, community, and labor dispute management. Prerequisite: ENG 105 with a grade of C or higher. Identical to POLS 373. Offered each fall.

MBE 389 Field Experience in Management (4)

Students participate in a NON-PAID internship for at least 100 hours of field work undertaken after they complete a formal work and learning contract. All internships are reviewed by the department. Pass/fail grading. Prerequisites: junior status; a 2.5 GPA; MBE 301, 316, or 322 preferably taken concurrently. Offered each spring.

MBE 400 Seminar in Managerial Ethics (4) (W)

A course in which students construct for themselves a conceptual framework for examining and making decisions about ethical practices in managing organizations. Learning activities include self-evaluation exercises, class discussions, readings on ethical frameworks and applying them to cases, analytical issue papers, and oral reports. Prerequisites: ENG 105 with a grade of C or higher, and MBE 301, 316, 322, senior status, or consent. Offered each semester.

MBE 406 Senior Seminar: Management Strategy (4) (I,W)

A case-oriented course that explains how and why a well-conceived, well-executed strategy nearly always enhances a company's long-term performance. Prerequisites: ENG 105 with a grade of C or higher, senior status, MBE 301, 316, 322, 400, and all other general studies requirements completed at least concurrently. Offered each semester.

MBE 414 Internship Exploration and Design (4)

Students find, design, and maximize the independent learning experience to be undertaken in the spring internship courses, MBE 416 and 417. A major outcome is the negotiation of a learning plan agreement with a sponsoring organization. Prerequisites: a major in business with 3.0 or higher GPA, all required major and general studies completed or being completed concurrently, and admission to the internship program. 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. They gain practical experience in applying 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 for MBE 417. Offered each spring.

MBE 417 Internship Seminar (4) (I)

Integrates management theory, especially ethical analysis and action with general studies knowledge while enhancing business skills during a full-time internship. Weekly written and oral reports, two major reflection papers, and a strategic management simulation enhance learning. Prerequisite: MBE 414; must co-register for MBE 416. Offered each spring.

MBE ELT Transfer Elective (0.1-10)

MBE ELT2 Transfer Elective 2 (0.1-10)

Website Comments/Feedback

©2014 Virginia Wesleyan College