Business Undergraduate Courses

Accounting Courses

ACC 195 Special Topics (1-5)
Special topics in the discipline, designed primarily for freshmen. Students may enroll in 195 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

ACC 201 Financial Accounting (3)
This course introduces students to basic financial accounting theory and practice. It provides students with the ability to understand business activities and the decisions that managers make by studying the accounting method used in preparing financial reports. The course emphasizes user approach to teach students how to interpret financial reports in an accurate and relevant way and how accounting methods affect the evaluation of business results and the quality of business decision

Prerequisite: BUS 101.
Co-requisite: BUS 181.

ACC 202 Managerial Accounting (3)
Management (or Managerial) Accounting comprises financial and nonfinancial information intended to meet internal users' needs. It involves the development and interpretation of accounting information intended to assist management in the operation of the business. Topics include financial statement analysis and the use of accounting information for planning and control, performance evaluation, and decision-making. The course will cover cost behavior, job order costing, process costing, cost volume-profit relationship, relevant costing/benefits, budgeting, activity-based costing, cash flow and financial statement analysis. Computer lab is required.

Prerequisite: ACC 201 and ITS 101.
Course Fee: $50

ACC 295 Special Topics (1-5)
Special Topics in the discipline, designed primarily for sophomores. Students may enroll in 295 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

ACC 301 Intermediate Accounting I (3)
This is the first part of a three-semester sequence. This course covers a more detailed application of principles of first-year accounting, theory supporting principles, and detailed definition of various parts of the financial statement.

Prerequisite: ACC 202; Business department majors only; or permission of the department.

ACC 302 Intermediate Accounting II (3)
This is the second part of a three-semester sequence. This course emphasizes the various techniques of accounting for inventory, tangible and intangible assets, liabilities, equity, and investment transactions.

Prerequisite: ACC 301; Business department majors only; or permission of the department.

ACC 303 Intermediate Accounting III (3)
This is the third part of a three-semester sequence. This course emphasizes the various techniques of accounting for investments, income taxes, pensions, and leases. This course also analyzes accounting changes and errors, cash flows, and full disclosure in financial reporting.

Prerequisite: ACC 302; Business department majors only or permission of the department.

ACC 321 Managerial Cost Accounting (3)
Study of concepts, techniques and principles of cost and management accounting. The use of accounting data for managerial decision making, planning, and control.. Topics include budgeting, cost concepts, cost behavior, cost-volume-profits relationships, inventory control, standard costs, absorption costing versus direct costing, variance analysis, cost allocations, setting price and international issues.

Prerequisite: ACC 202; Business department majors only or permission of the department.

ACC 331 Income Tax Accounting (3)
Study of federal income taxation of individuals and their impact on personal and business financial decision making. Topics include: concepts of gross income, deductions, tax credits; business and personal investment deductions; sale and other dispositions of property; changes in tax law and economic impact of the law. Although the course emphasizes income taxation, issues such as gift, estate, partnership and corporate taxation are discussed.

Prerequisite: ACC 202; Business department majors only or permission of the department.

ACC 350 Non-Profit Organization Accounting (3)
Course covers the accounting concepts used in governmental units and other not-for-profit organizations such as hospitals, voluntary health and welfare organizations, and others. Emphasis will be placed on the accounting and budgeting procedures used in these organizations.

Prerequisite: ACC 301; Business department majors only or permission of the department.

ACC 395 Special Topics (1-5)
Special topics in the discipline, designed primarily for juniors. Students may enroll in 395 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

ACC 401 Advanced Accounting (3)
This course explores in depth the financial concepts used by the Accounting profession for partnerships, business combinations and consolidated financial statements, bankruptcy, liquidation and reorganization, and estates and trusts.

Prerequisite: ACC 302; Business department majors only or permission of the department.

ACC 402 Current Accounting Theory (3)
This course studies and analyzes current accounting thought as reflected in leading professional and accounting research reports.

Prerequisite: ACC 302; Business department majors only or permission of the department.

ACC 421 Advanced Cost Accounting (3)
Advanced level cost accounting with emphasis on integration of managerial aspects of accounting internal record-keeping, business and managerial functions of decision making, planning, and control. A consideration of quantitative and behavioral aspects.

Prerequisite: ACC 321; Business department majors only or permission of the department.

ACC 441 Auditing (3)
An introductory course covering both the concepts and procedures that the auditor must know and follow. The course attempts to give students a comprehensive, one semester review of the auditing field, with an emphasis on the auditing procedures and techniques needed to audit financial statements as well as to provide basic preparation for the CPA exam.

Prerequisite: ACC 302; Business department majors only or permission of the department.

ACC 442 Accounting Information Systems (3)
This course provides an opportunity for accounting majors to learn, study, and apply computerized accounting methods. It is designed to introduce students to accounting systems and covers an introduction to the analysis and development of accounting information systems for businesses by giving a systems perspective on some traditional accounting topics. The course provides hands-on experience with an accounting program(s). Students are encouraged to develop individual modules to specific business needs. Computer lab required.

Prerequisite: ACC 202; Business department majors only or permission of the department.
Course Fee: $50

ACC 461 International Accounting (3)
The course studies how accounting is practiced in different countries around the world, and students will learn to compare the differences in financial reporting, taxation and other accounting practices that exist across countries. As business becomes more global, an understanding of these differences and efforts to harmonize differing accounting standards grow in importance. The course deals with both cultural issues and accounting issues having the greatest differences between nations.

Prerequisite: ACC 202; Business department majors only or permission of the department.

ACC 495 Special Topics (1-5)
Special topics in the discipline, designed primarily for seniors who are majors or minors. Students may enroll in 495 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

ACC 499 Independent Study (1-3)
Intensive supervised study and research on topics of the student's selection.

Prerequisite: Business department majors only or permission of the department.

Business Courses

BUS 101 Introduction to Business (3)
This course surveys the fundamentals of business administration, including management, organizational behavior, marketing, economics, statistics, management information systems, accounting, finance, entrepreneurship, international business, and ethics & social responsibility. It is intended both for students who seek a one-time exposure to business as well as those planning to major in a Department of Business program.

Course Fee: $60
Prerequisites or Co-requisites: GSR 102 or the equivalent, and GSR 103.

BUS 151 Personal Finance (3)
This course is for future professionals who want to learn more about personal finance and how to better manage their own resources. Students will learn how to solve and make good personal financial decisions. Students will be exposed to personal financial concepts including goal setting, budgeting, major purchase decision-making, credit, risk, investments, insurance, retirement, estate and tax planning. Students will use Excel software to perform the mathematical computations necessary to arrive at solutions.

Prerequisite: GSR 102 and GSR 104.

BUS 181 Business Computer Applications (3)
This course focuses on computer applications that are used widely in business. The course emphasizes the use of spreadsheets and database applications. Through hands-on training and lectures, student will learn to create professional looking spreadsheet documents and personal database management systems.

Co-requisite: BUS 101.
Course Fee: $60

BUS 195 Special Topics (1-5)
Special topics in the discipline, designed primarily for freshmen. Students may enroll in 195 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

BUS 211 Management and Organizational Behavior (3)
This course explores the major functions of management: planning, organizing, leading, and controlling. Within these four functions are subjects such as self-management, organizational structure and culture, leadership, motivating employees, teamwork, human resource management, self-management, change management, and planning and decision-making tools and techniques. This course takes an inside out approach, where the student learns first about themselves and then develops their ability to manage progressively larger and more diverse groups of people and projects.

Prerequisite: BUS 101 and GSR 150 or equivalent.

BUS 221 Marketing (3)
This course examines the basic principles of marketing and provides the opportunity to develop the critical analysis and management skills needed by successful marketers. Within the framework of the "product, price, promotion, distribution, and customer" elements of marketing, course topics include market segmentation, targeting, positioning, consumer behavior, integrated marketing communication, marketing ethics and social responsibility, and the global dimensions of marketing (including e-marketing).

Prerequisite: BUS 101 and GSR 150 or equivalent.

BUS 281 Management Information Systems (3)
An introduction to data and information processing concepts and systems viewed from a contemporary management perspective. The course and the lab provide the conceptual foundations in understanding technologies, such as computer hardware and software, the Internet, networking, security, enterprise computing, e-commerce, database management, and how information systems support business functions.

Prerequisite: BUS 101 and BUS 181 with a grade of B or better, or passing the department MIS skills waiver test.
Course Fee: $60

BUS 291 Career Search Strategies in Business (1)
This course teaches career search strategies for business majors. Students learn how to apply their university coursework to a designated internship experience. The course focuses on developing the skills critical to searching for and obtaining internships and full time jobs. These skills include exploring career options, preparing effective resumes and job applications, job interview, follow-up communication, career networking, and professional etiquette.

Prerequisite: Business department majors only or permission of the instructor.

BUS 295 Special Topics (1-5)
Special Topics in the discipline, designed primarily for sophomores. Students may enroll in 295 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

BUS 313 Public Administration (3)
This course is an introduction and analysis of government administrative organizations. It addresses the roles of administrative agencies within the office of the President, the U. S. Congress, and selected state and local governments, with emphasis on the principles of budget planning and financial management within these organizations. Students will analyze issues from both a theoretical practical operational perspective.

Prerequisite: BUS 101; Business department majors only or permission of the department.

BUS 331 Business Statistics (3)
This course examines the basic principles of statistics as applied to business situations and provides opportunities to develop basic quantitative, research, presentation, and critical analytical skills that will be useful to a successful manager. Topics include quantitative and graphical descriptive techniques, data collection and sampling, probability distributions, estimation techniques, and basic inferential analysis.

Prerequisite: BUS 101 and GSR 150 or equivalent; Business department majors only and permission of the department.

BUS 341 Business Ethics (3)
This course is cross-listed and is otherwise known as PHI 341. It introduces the student to the normative theories of moral philosophy as they apply to free enterprise market systems, corporations and other organizations. Students use case studies and current events to critically assess how to resolve moral issues commonly faced by managers, employees, marketers, and consumers.

Prerequisite: BUS 101 and GSR 150 or equivalent; Business department majors only and permission of the department.

BUS 351 Business Finance (3)
This course examines the basic principles of financial management and provides opportunities to develop basic quantitative, research, and critical analytical skills that are useful to a financial manager. Topics include financial managerial functions and responsibilities, risk/return trade-off, ethics and social responsibility, taxation issues, financial institutions and economic environment, interest rate analysis, financial statement analysis, time value of money, and valuation techniques.

Prerequisite: ACC 208, BUS 211 and BUS 331; Business department majors only or permission of the department.

BUS 353 Investments (3)
A course that examines the principles of financial investing and provides opportunities to develop basic quantitative, research, presentation, and critical analytical skills that are useful to an investor. Topics include analysis of the investment environment, tools and mechanics of investing (debt instruments, government and municipal securities, common stock, real estate), portfolio construction and management, dealing with securities markets, tax issues in investing, research strategies, financial statement analysis, and risk/return trade-off analysis. This course incorporates student management of an actual investment fund that is a component of Gallaudet University's endowment.

Prerequisite: GSR 150; Business department majors only or permission of the department.

BUS 371 Business Law I (3)
This course introduces students to the American business legal environment and covers basic concepts in contracts, the uniform commercial code, corporations and partnerships, agency, intellectual property, employment, antitrust, consumer protection, security regulation, environmental and international law, and business ethics and social responsibility.

Prerequisite: BUS 101 and GSR 150 or equivalent; Business department majors only and permission of the department.

BUS 372 Business Law II (3)
This course addresses additional legal topics required for certification as a certified public accountant, including debtor and creditor relations, negotiable instruments, real property, trusts, wills and estates.

Prerequisite: BUS 371 or permission of instructor.

BUS 395 Special Topics (1-5)
Special topics in the discipline, designed primarily for juniors. Students may enroll in 395 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

BUS 414 Human Resources Management (3)
This course focuses on the successful planning, staffing, and management of personnel in small and large business organizations. Course topics include job design and organizational structure, recruitment and selection, legal issues (benefits, privacy, equal opportunity), and performance management. Special attention is paid to problems of successfully implementing human resource strategies at both the operating unit and corporate level. Through the use of case studies and real-world scenarios, the issues of workplace productivity, turnover, employee morale, and manager effectiveness are discussed.

Prerequisite: BUS 211, BUS 341 or PHI 358 and BUS 371; Business department majors only or permission of the department.

BUS 421 Marketing Research (3)
This course examines ways that research methods and procedures are be used to obtain the information necessary for making sound strategic marketing decisions. Topics includes a review of marketing concepts, research ethics, research design (secondary data, qualitative data, observation, survey and experimentation), data acquisition and measurement, questionnaire design, sampling issues, and data analysis and findings. By performing group and individual marketing research projects, students learn how to write a research proposal as well as how to execute and present of complete marketing research study.

Prerequisite: BUS 221; Business department majors only or permission of the instructor.
Co-requisite: BUS 331.

BUS 431 Production & Operations Management (3)
This course examines the production phase of business activity and emphasizes developing skills to analyze methods of design and operation of production systems.

Prerequisite: BUS 211 and BUS 331; Business department majors only or permission of the department.

BUS 461 Global Business (3)
The course will provide an opportunity to understand the various issues that affect a business when expanding to the global marketplace. It will provide an overview of the international political, economic, technological, cultural, and institutional environment of business, as well as an introduction to some of the managerial challenges unique to the management of the multinational enterprise (MNE). Theories and issues related to international trade, foreign direct investment, economic integration, and international monetary system will be explored.

Prerequisite: ECO 202, BUS 211, and BUS 221; Business department majors only or permission of the department.

BUS 491 Senior Seminar (3)
A comprehensive course which will integrate and test the student's learning of the core subjects and preparation for employment in a field of business administration. A variety of instructional techniques may be used including case studies, discussion groups, team teaching, and guest speakers from the business world.

Prerequisite: All core courses in the Department of Business, or permission of instructor.
Course Fee: $100

BUS 493 Entrepreneurship (3)
This course examines current theories about entrepreneurship and reviews the fundamental areas of business administration that every entrepreneur should know, including management, marketing, accounting, finance, and policy and strategic planning. The structure and purpose of a business plan are covered in detail.

Prerequisite: ECO 202, BUS 211, BUS 221, BUS 331, BUS 351, and BUS 371; Business department majors only or permission of the department.

BUS 495 Special Topics (1-5)
Special topics in the discipline, designed primarily for seniors who are majors or minors. Students may enroll in 495 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

BUS 499 Independent Study (1-3)
Intensive supervised study and research on topics of the student's selection.

Prerequisite: Business department majors only or permission of the department.

Economics-Finance Courses

ECO 195 Special Topics (1-5)
Special topics in the discipline, designed primarily for freshmen. Students may enroll in 195 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

ECO 201 Introduction to Economics I (3)
This course introduces students to the study of economics and provides an overview of common macroeconomic concepts. The course encourages students to understand, use, and analyze common macroeconomic concepts such as inflation, employment, consumption, national income, money, and interest rates, as well as the fundamental economic concepts of supply and demand, marginal analysis, and opportunity costs.

Prerequisite: GSR 102 or equivalent.

ECO 202 Introduction to Economics II (3)
This course provides an overview of common microeconomic concepts. The course encourages students to critically analyze common microeconomic concepts such as supply and demand, prices, markets and market structure, competition, utility, production costs, marginal analysis, and opportunity costs. The underlying theoretical basis for these concepts and how they are interrelated with each other and with the overall economy is also introduced in this course.

Prerequisite: ECO 201.

ECO 205 Economics for Social Workers (3)
An introductory macroeconomics course for social work majors with emphasis on the economic issues that social workers are likely to encounter in the course of their jobs. The course is designed to help the social work student to understand the basics of United States and global economics including: how the economy works; how economic policy is developed and implemented; how economic policy can impact upon social workers, their clients, and the services they provide.

Prerequisite: GSR 102 or equivalent.

ECO 295 Special Topics (1-5)
Special Topics in the discipline, designed primarily for sophomores. Students may enroll in 295 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

ECO 301 Economic Analysis I (3)
This course expands and builds upon previous macroeconomic knowledge learned in introductory macroeconomics study. The course emphasizes the depth and breadth of the workings of the macroeconomic system through classroom examination and research, and by providing students with the experience of critically applying these concepts as they are related to current national and world events. Issues in monetary policy, employment and unemployment, inflation, aggregate demand and supply, and economic growth, and their interrelationships and policy implications are stressed. The study of these topics is structured in a manner that will serve as models for the types of analyses required in many post-graduate employment and graduate study environments.

Prerequisite: ECO 202; Business department majors only or permission of the department.

ECO 302 Economic Analysis II (3)
This course expands and builds upon previous microeconomic knowledge learned in introductory microeconomics study. The course emphasizes the depth and breadth of the microeconomic system through classroom examination and research, and by providing students with the experience of critically applying these concepts as they are related to current national and world events. Issues in fiscal and business policy, the competitive environment, regulation, the utilization of supply and demand, profit maximizing behavior, production and costs, and their interrelationships and policy implications are stressed. The study of these topics is structured in a manner that will serve as models for the types of analyses required in many post-graduate employment and graduate study environments.

Prerequisite: ECO 301; Business department majors only or permission of the department.

ECO 311 Labor Economics (3)
This course covers many of the current questions in labor economics. Foundations of wage and employment theory are included, as are practical applications of the theory for production. Issues and trends in the labor force, including participation of women, minorities, and other groups, are discussed with implications for labor supply. Government policies affecting unemployment, equal opportunity, discrimination, and comparative growth, among others are also discussed.

Prerequisite: ECO 202; Business department majors only or permission of the department.

ECO 341 History of Economic Thought (3)
This course focuses on the history of economic ideas. It covers the major schools of thought in economics, beginning with mercantilism and moving through supply-side economics. Emphasis will be placed on the classical underpinnings of economics as currently practiced. The theories of Smith, Ricardo, and Malthus will lead into discussions of other economic thinkers, including Marx and Keynes.

Prerequisite: Business department majors only or permission of the department.

ECO 351 Money and Banking (3)
Monetary standards, theories, and controls in relation to business cycles and full employment; credit, domestic, and foreign exchange; the nature of banking operations; the organization of a bank, the clearinghouse system; and the Federal Reserve System.

Prerequisite: ECO 202; Business department majors only or permission of the department.

ECO 361 International Economics (3)
The distribution of natural resources among nations; factors responsible for major movements in international trades; tariffs and other trade restrictions; means of promoting free trade.

Prerequisite: ECO 202; Business department majors only or permission of the department.

ECO 362 Country Analysis (3)
This course is designed to provide students with an in-depth analysis of a particular country or economic development area. The area to be studied will depend on the student's interest and the availability of faculty.

ECO 363 Comparative Economic Systems (3)
An intensive study of the different economic systems in the modern world and their adaptations in various countries. Implications for the future of these systems are discussed.

Prerequisite: GSR 102 or equivalent; Business department majors only or permission of the department.

ECO 395 Special Topics (1-5)
Special topics in the discipline, designed primarily for juniors. Students may enroll in 395 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

ECO 403 Research Methods in Economics (3)
This course covers research techniques, data collection, hypothesis formulation, and application of research methods to specific problems in economics. Also included are practical exercises in presenting economic research to the wider audience.

Prerequisite: ECO 302, ECO 431; Business department majors only or permission of the department.

ECO 411 Business and Managerial Economics (3)
This course integrates much of the theory about the firm and management of the firm with the economic rationale necessary for such managerial decision making. The relationships between business and economics are exemplified, with the use of actual business applications of economics. These applications will involve both domestic and international business decisions.

Prerequisite: ECO 202; Business department majors only or permission of the department.

ECO 431 Mathematics for Economics (3)
This course will provide the basic mathematical techniques necessary for understanding economics, including economic modeling, equilibrium analysis, optimization techniques, financial analysis, and elements of calculus, algebra, and matrix algebra. These mathematical techniques are taught in a way to enhance an understanding of them as specifically used by economists and financial analysts.

Prerequisite: ECO 202; Business department majors only or permission of the department.

ECO 451 Public Finance and Policy (3)
This course will provide the foundations for economic analysis within the public context. Included will be the study of spending and tax policy within the government as well as the economic policy affecting individuals and groups within the reach of the government.

Prerequisite: ECO 202; Business department majors only or permission of the department.

ECO 461 Economic Development (3)
The origins, development, and present status of economic institutions are the focus of the course. World trends in population, living standards, outputs, and technology are examined.

Prerequisite: ECO 202; Business department majors only or permission of the department.

ECO 495 Special Topics (1-5)
Special topics in the discipline, designed primarily for seniors who are majors or minors. Students may enroll in 495 Special Topics multiple times, as long as the topics differ.

Prerequisite: Permission of the instructor.

ECO 499 Independent Study (1-3)
Intensive, supervised study and research on topics of the student's selection.

Prerequisite: ECO 202; Business department majors only; or permission of the instructor.