Business Management Courses (MGMT)
MGMT 220. Management Thought, Principles and Practice
This course provides a conceptual framework of fundamental knowledge in management thought, principles, and practices. Students in this course will: 1) understand the workings of organizational processes; 2) understand the role of entrepreneurship; 3) explore essential management duties and responsibilities; 4) develop an awareness of organizational behavior; 5) understand the social and ethical impacts of decisions; and 6) decide on future aspirations. Topics include the environment; corporate culture; social responsibilities; planning and goal setting; decision making; change and innovation; leadership; motivation; and communication. Prerequisite: none
BSMT 300. Accounting for Managers
This course is designed to explain how accounting data can be interpreted and used by managers in making decisions. This course may not be taken by Accounting majors to meet major requirements.
Prerequisites: MATH 160 or MATH 103
BSMT 320. Human Resources in Management
This course is an introduction to behavioral issues and personnel functions as they apply to modern organizations. Students in this course will: understand the changing role of human resources in today's work environment; identify the key functions of human resource management; recognize the expanding role of human resource management in strategic planning; discuss the social, ethical and legal responsibilities of the human resources manager; and engage in critical problem-solving and decision-making, applying key principles of human resource management. Topics include human resource planning, the impact of the organization's strategic planning process, and how these areas fit within the context of behavioral sciences.
Prerequisite: BSMT 220
BSMT 330. Law and The Manager I
This course provides a close review of the role of law in society and business. Students in this course will: understand the legal and social environment and government's roles; understand crimes, torts, and legal remedies; and know the critical parts and nuances of contracts. These objectives will be accomplished as students work on team projects and engage in collaborative learning exercises. Topics include contracts, personal property, and the legal environment.
Cross-listed: ACCT 332, PAR 331
BSMT 331. Law and The Manager II
This course is designed to acquaint the student with law in the areas of commercial paper, debtors' and creditors' rights, agency, legal forms of organization, real property, estates and sales.
Cross-listed: ACCT 333, PAR 332
BSMT 350. Business Communications
This course investigates written and oral communication skills through the study of communication theory and its practical application in preparing correspondence, reports, and oral presentations in organizations. Students in this course will: identify and understand critical oral and written communication processes; consider the ethical, cultural, and technological ramifications of the communication process; apply appropriate techniques to various business-related scenarios; and understand their role in supporting organizational goals. Topics include communication foundation and theory, the writing process, business correspondence, report writing, proposals and presentations, and oral communication skills. In addition, students have an extensive review of key grammar and usage issues.
Prerequisite: Sophomore standing
BSMT 375. Business and Professional Ethics
This course will investigate some of the major social and ethical issues associated with business and the professions. Topics to be covered include theories of right and wrong, relativism, the justification of moral judgments, the social responsibilities of business employers to their employees, obligations of employees to their employers, bluffing in negotiations, deception in advertising, extortion, decision-making role of the professional and professional responsibility.
Cross-listed: PHIL 375
BSMT 378. Supervision
This course explores the role of supervisors in modern organizations. Key skills such as goal-setting, delegating, interviewing, negotiating, coaching, counseling and handling grievances are covered, along with management functions of planning, organizing, directing and monitoring.
Prerequisite: BSMT 220.
BSMT 379. Small Business
This course deals with the organization and management of a small business. Among the topics covered are entrepreneurship, financing, marketing, location, accounting, human resources and developing a business plan.
Prerequisite: BSMT 220
BSMT 380. Organizational Leadership
This course presents the key foundational concepts essential to an understanding of leadership. Servant leadership will be considered within a thorough study of the historical and theoretical models of leadership. Leadership will be defined and understood within the context of action and function and then expanded into the specific context of organizational life. Learners will discover their unique giftedness to lead and serve and will actively build their leadership understanding and competencies.
BSMT 400. Marketing Management
This course is an in-depth review of theories, principles, concepts, and activities involved in the flow of goods and services from producer to user. Students in this course will: understand the role of marketing in a free enterprise economy; develop an understanding of marketing terms, institutions and concepts; develop the ability to make the marketing decisions a manager must make to satisfy customers by satisfying their needs; identify and explain, and then apply the important marketing concepts in case situations; apply marketing concepts cumulatively; analyze marketing case problems confidently and meaningfully, thus providing a solid foundation for case analysis; and apply the concept of the "marketing Code of Ethics" to management decision making. Topics include the study of the principles, concepts, institutions, and activities involved in bringing goods and services to the ultimate market and user. Prerequisites: BSMT 220 and either MATH 160 or MATH 103-104.
BSMT 440. Financial Management
The content of this course covers actual analysis of financial problems involved in the formation management of organizations, especially businesses. The course includes study of the financial aspects of promotion, securing of capital, effective utilization of funds, capitalization, dividend policies, financial analysis, current financing, bankruptcy and related issues. Students will understand the nature of the finance function and the role of the financial manager in the attainment of the goal of maximization of shareholder wealth. In this course, students will: understand the relationships of the internal and external financial environment in regard to the risk/return impact of the decision making process; apply tools of financial ratio analysis to determine the financial strength and weaknesses of a business; understand the principles and theories of working capital management; apply capital budgeting techniques used in the control and development of the capital budget; Apply NPV, IRR, PI, and payback methods to capital budgeting decision situations; solve problems involving the time value of money as it relates to the present value of a cash payment and the future value of existing funds; understand the elements of long and short term financing and the process of evaluating the elements of the cost of capital; and demonstrate proficiency in financial management by applying techniques to case studies. Prerequisites: BSMT 220, either BSMT 300 or ACCT 210-211, and either MATH 160 or MATH 103-104.
BSMT 465. Banking and Financial Services Fundamentals
This course will provide students with comprehensive knowledge of the purpose and business of banking/financial services, the products and services provided by the industry, and how those products and services are delivered. Students will gain an understanding of the inter-relationships between the various types of financial institutions and how those relationships are co-mingled with the U.S. economy.
Prerequisites: MATH 160 and either ECON 160 or ECON 210
BSMT 470. Banking and Financial Services Fundamentals
This course will discuss the history, evolution and primary function of money in the U.S. economy and the Global payments system. The class will cover the implementation of U.S. monetary policy and the formation of international exchange rates. Additionally, the course will cover how money is distributed, created, and "priced" both within the U.S. and around the world.
Prerequisite: ECON 210
BSMT 472. Banking/Financial Services Operations and Analyzing Financial Statements
This course will cover the day-to-day working operations of a financial institution. It will discuss key banking operations, such as check/payment processing, basic financial accounting, quality control, and industry best practices. The topics of regulatory compliance, identifying and combating fraud, electronic delivery methods, and all other core functions of running a financial institution will be discussed in detail.
Prerequisites: MATH 160 and ECON 210
BSMT 474. Law and Banking Principles and Applications
This course provides a broad understanding of the laws and regulations that pertain to the U.S. Banking system. It provides an in-depth study of how those laws and regulations are applied by banks and financial services institutions. It describes the fundamental legal principles that apply to banking and examines the relationship of those fundamentals with the interaction of banks and the public.
Prerequisite: ECON 210
BSMT 476. Banking and Financial Services - Finance
This course will discuss and analyze how banks and financial services institutions finance their operations as well as the operations of their clients. The course will discuss the concepts of equity formation and distribution, the workings of the equity/capital markets, and the relationships those markets have on the U.S. and global economy. The course will reconcile those concepts with the day-to-day operations of both financial institutions as well as with other industries.
Prerequisites: MATH 160 and ECON 210
BSMT 489. Strategic Management and Decision Making
This capstone course is designed to assist students in integration and critical examination of the various concepts, theories, and methods of inquiry presented both in general education and the major. Learning outcomes for both the general education program and the major are reviewed. Course assignments assist students in assessing the degree for which learning outcomes have been mastered. Students in this course will interpret and critically examine the various concepts, theories, and methods of inquiry presented both in general education and the management's major.
Prerequisite: This course must be taken in the student's last semester.
BSMT 496. Topics in Business Management
This course will examine topics of special interest in the management field. Topics courses (but not specific topics) may be repeated for a total of 6 hours.
BSMT 499. Senior Seminar in Business Management
This capstone course is designed to assist students in the integration and critical examination of the various concepts, theories, and methods of inquiry presented both in general education and the major. Learning outcomes for both the General Education Program and the major are reviewed. Course assignments assist students in assessing the degree for which learning outcomes have been mastered. Prerequisite: Senior standing
Contact InformationProgram Director: Terry Ferrari
Telephone: (219) 473-4355
FAX: (219) 473-4259