BUS 230 Principles of Marketing
- A study of the functional aspects of marketing, the operations
of marketing, the operations of our marketing systems and methods by which
marketing decisions are made. Emphasis on strategy development through
the application of sound marketing principles.
- Prerequisite: Sophomore
standing or consent of instructor.
BUS 250 Management Theory
- Concepts and principles of management, historical developments
in management, the functions of management (planning, organizing, directing,
coordinating and controlling) and systems approach to management.
- Prerequisite: Sophomore
standing.
BUS 261 Financial Accounting
- Principles of accounting theory and practice involving
the study of the accounting cycle, and preparation and analysis of financial
statements.
- Prerequisite: MTH
151 or 162.
BUS 262 Management Accounting
- A study of the use of accounting as a basis for intelligent
business decisions in planning and control. The mechanics and details of
accumulating data are de-emphasize and the application stressed.
- Prerequisite: MTH
151 or 162, IS 220 or 221, and BUS 261.
BUS 263 Managerial Accounting and Finance
- A study of the use of accounting and the principles of
financial management for business decisions in planning and control.
- Prerequisite: BUS
261 and IS 220 or 221.
BUS 301 Business Logistics
- An introduction to the interrelated activities involved
with the inbound, in-process and outbound movement and storage of goods
as well as the related information from the manufacturer to the consumer.
Special emphasis is placed on the functional areas of logistics such as
customer service, transportation, inventory control, warehousing and packaging.
- Prerequisite: None.
BUS 305 Transportation Management
- A survey of the functional areas of transportation management
and its interface with other business and logistics activities such as
marketing, finance and production. Topics include many aspects of the line
and staff functions of traffic management such pricing in the deregulated
environment, freight loss and damage claims, sources of legal influences,
strategic planning, shipment planning and documentation.
- Prerequisite: BUS
3O1 or consent of instructor.
BUS 307 Strategic Warehouse Management
- An introduction into the critical role that the warehousing
function plays in today's business environment. The course examines current
concepts, theories and applications of warehousing activities in relation
to the distribution of goods and services. Subjects include warehouse strategies,
ownership alternatives, layout and design, location, customer service,
bar coding, material handling and measuring warehouse productivity.
- Prerequisite: BUS
301 or consent of instructor.
BUS 309 Transportation Carrier Management
- Carrier management examines the issues and problems associated
with the operation, finance, marketing and pricing in today's competitive
business environment. Subjects include mergers and ownership, costing,
competition, regulations and other management decision areas.
- Prerequisite: BUS
301 or consent of instructor.
BUS 331 Sales
- Basic concepts, processes and techniques of selling including
customer analysis, effective communication, handling objections and developing
customer satisfaction. Preparation of actual sales presentation by each
student.
- Prerequisite: BUS
230.
BUS 332 Retailing Management
- A study of types of retail institutions, organizations,
store location, buying and merchandising techniques, advertising and sales
promotion, and inventory control.
- Prerequisite: BUS
230.
BUS 334 Advertising
- Social, economic and legal aspects of advertising. Emphasis
on advertising as a communications tool with practical applications of
theory to specific problems. Strategy and tactics of management decision-making
regarding advertising, with a focus on the mass selling techniques, including
evaluation of effectiveness.
- Prerequisite: BUS
230.
BUS 335 Consumer Behavior
- The analysis and interpretation of consumer buying behavior,
stressing the contributions of psychology, economics and socio-cultural
influences. Contemporary models of consumer behavior are studied, emphasizing
the relationship of behavioral science theory to marketing management decision-making.
- Prerequisite: BUS
230.
BUS 336 Marketing Research
- A study of research methods and the collection and use
of internal and external information for analysis and decision-making in
marketing problems.
- Prerequisite: BUS
230 and MTH 345.
BUS 340 Business Finance
- Principles underlying the financial management of a business
enterprise. Among the topics discussed are financial analysis and planning,
working capital management and basic capital budgeting.
- Prerequisite: BUS
262 or 362, ECON 211 and 212, MTH 151 or 162 and 345; junior standing or
consent of instructor.
BUS 351 Organization Theory
- A critical examination of a wide range of organizational
theories such as systems, socio-technical, contingency and classical. Topics
discussed include organization structure, control, effectiveness, design
and technology.
- Prerequisite: BUS
250.
BUS 353 Managerial Development for Women
Half Course
- A study of selected management issues and theories and
the special problems and approaches that are required of women in typical
organization settings. Emphasis on skill building, particularly in the
areas of leadership and effective communication.
- Prerequisite: BUS
250.
BUS 354 Human Resource Management
- A study of personnel policies and practices covering
selection, training, job analysis and evaluation, benefits, salary administration,
employee communications, union relations and government requirements.
- Prerequisite: BUS
250.
BUS 357 Operations Research I
- Same as MTH 365. Operations Research involves designing
mathematical models which describe and solve problems encountered in business,
economics and social sciences. Topics include decision theory, utility
theory, linear programming using the simplex method, sensitivity analysis,
the transportation and assignment problems, network models with PERT/CPM,
and inventory models using deterministic and probabilistic demand.
- Prerequisite: MTH
151 or 162 and MTH 345.
BUS 358 Operations Research II
- Same as MTH 366. Selected topics include games theory,
integer linear programming, simulation: waiting line or queing models,
dynamic programming, Markov processes and job scheduling.
- Prerequisite: MTH
151 or 162 and MTH 345. Operations Research I is not a prerequisite for
Operations Research II.
BUS 361 Intermediate Accounting I
- Theory and analysis of valuation applied to assets of
the balance sheet and to the related revenue, cost and expense for income
determination.
- Prerequisite: BUS
261 with a minimum grade of "B", IS 220 or 221.
BUS 362 Intermediate Accounting II
- income tax allocation and leases. Theory and analysis
of valuation applied to liabilities of the balance sheet and to the related
revenue, cost and expense for income determination.
- Prerequisite: BUS
361 with a minimum grade of "C".
BUS 363 Advanced Accounting I
- A study of special accounting principles and problems
for fiduciaries, government and not-for-profit organizations. Accounting
theory and practice applied to price-level adjustments, full-disclosure,
pension plans, cash flow statement, installment sales and reporting of
segments.
- Prerequisite: BUS
362 with a minimum grade of "C".
BUS 364 Advanced Accounting II
- A study of special accounting principles and problems
for branches, consolidations, partnerships, and financial statements of
foreign affiliates. Accounting theory of foreign currency transactions.
- Prerequisite: BUS
362 with a minimum grade of "C".
BUS 365 Business Law
- Legal problems confronting people in their relationships
with the business world. Subjects include contracts, agency, employment,
negotiable instruments, real and personal property, bailments and sales.
Social Science requirement for non-business majors.
- Prerequisite: junior
standing.
BUS 401 Logistics Seminar-Policies, Issues
and Problems
- An advance course for the study of logistics issues,
problems and policies in the competitive business marketplace. The focus
of the seminar class is to apply current logistics theories and practices
to case study situations. Subjects include supply channel management, benchmarking,
zero-based inventory philosophies, transportation policy and regulation,
contract logistics, national transportation policy and quality logistics
performance.
- Prerequisite: BUS
301 or consent of instructor.
BUS 430 Marketing Problems
- A capstone course stressing the application of decision-making
approaches in marketing management. Cases are used in studying problems
encountered in planning, executing and controlling marketing strategy.
Topics include analysis of buyer behavior, advertising and sales promotion,
pricing, channel selection and product policies.
- Prerequisites:: major
in marketing and senior standing.
BUS 441 Advanced Business Finance
- A study of capital budgeting under risk, capital structure,
dividend policy and tax effect on decision-making.
- Prerequisite: BUS
340.
BUS 442 Investments
- A study of the basic principles and current practices
of the investment field. Focus is on the construction of securities portfolios,
security markets, analysis of types of securities, and timing and selection.
- Prerequisite: BUS
340.
BUS 444 Financial Institutions
- A study of financial management of different kinds of
financial institutions; their regulation, investment practices, risk levels
and management issues. Primary focus is on depositories with some discussion
of contractual financial institutions and finance companies.
- Prerequisite: BUS
340.
BUS 450 Independent Study
- For senior students who wish to pursue additional study
of topics developed in other business courses. The precise format is determined
by the nature of the topic, student ability and the instructor with the
approval of the director. A limited number of students are accepted on
the basis of academic grade-point average, faculty recommendation, professional
progress and demonstrated interest. Repeatable under special circumstances
to a maximum credit of two courses.
- Prerequisites: Major
within Center for Business and Economics, senior standing and consent of
the director. Upon request.
BUS 450 Independent Study In Logistics
and Transportation Management
- An independent research or study course on specific logistics
or transportation subjects. The course is designed for select students
to pursue an in-depth investigation of a current topics or conduct a relevant
research project related to the field of logistics and transportation management.
- Prerequisite: Consent
of instructor.
BUS 453 Organization Behavior
- Current concepts of human behavior as applied to business
organizations. The problems of human behavior and human relations in decision-making,
policy formation and interpersonal conflict are considered.
- Prerequisites: BUS
250 and 351.
BUS 454 Leadership and Administrative
Practices
- An examination of various leadership, managerial and
administrative concepts and philosophies. The course places emphasis on
the development of attitudes and values appropriate to professional management.
The course uses an action learning approach to integrate the various theories
and concepts presented.
- Prerequisites: BUS
250, BUS 351 or SOC 315 or consent of instructor.
BUS 456 Business Policy
- A capstone course designed to integrate the separate
functional activities into the effective operation of an on-going organization.
Emphasis is placed on policy formulation and strategic planning requiring
analysis of complex business situations.
- Prerequisites: BUS
230, 250 and 340.
BUS 457 Compensation Management
- An examination of the area of compensation and its relation
to organizational effectiveness and employee satisfaction. Job analysis,
job evaluation, benefits evaluation and total compensation package review
are studied. Related legislation is reviewed.
- Prerequisites: BUS
250 and 354.
BUS 458 Management and Society
- A study of the growing interrelationship between the
business community and society-at-large, exploring factors external to
the firm which impact the ability of the firm to do business. Methods for
incorporating the business environment into the planning process and for
developing business sensitivity to social and political issues and responsible
corporate conduct are analyzed. Social Science requirement for non-business
majors.
- Prerequisite: Junior
standing or consent of instructor.
BUS 460 Cost Accounting
- A study of the principles and procedures used in the
collection, recording and reporting of costs; job order costs, process
costs and standard cost; analytical accounting for managerial decisions.
- Prerequisites: BUS
262 or BUS 361 with consent of instructor, MTH 162 and MTH 345.
BUS 462 Income Taxation I
- A study of the legal and accounting aspects of the federal
tax on incomes. Emphasis is on specific problems through actual preparation
of individual, partnership and corporate returns using current tax forms.
- Prerequisite: BUS
362 or consent of instructor.
BUS 463 Income Taxation II
- A study of accounting practice and law as related to
computation and reporting for federal income taxes of advanced partnerships
and corporate returns, and fiduciaries, including advanced capital gain
and pension plan reporting.
- Prerequisites: BUS
363 and 462.
BUS 466 Auditing
- Auditing theory and procedures for use both in private
and public accounting. Emphasis on internal control, generally accepted
auditing standards, ethics of professional accounting, practical working
techniques and reports.
- Prerequisites: BUS
363 and 460.
BUS 470 Seminar in Special Topics
- An opportunity for faculty and advanced students to study
topics of current and unique importance which are not contained in the
general curriculum. Topics vary on the basis of interest expressed by students
and faculty.
- Prerequisite: Consent
of the instructor. Upon request.
BUS 485 Internship
Full course or one and one half course
- Provides senior business students with controlled, on-the-job
experience with businesses, government agencies or institutions. May be
taken during the regular term with part-time employment of 18 to 20 hours
weekly or during the Summer Term with 36 to 40 hours per week. Term project
required. Applications should be made early in the semester preceding registration
and are reviewed on the basis of: academic grade-point average, faculty
recommendations, professional progress and demonstrated interest. Not repeatable
for credit. Pass/no pass grading.
- Prerequisites: Major
within Center for Business and Economics, senior standing and approval
of the CBE Internship Coordinator.
BUS 485 Internship in Logistics and
Transportation Management
Half to One and One Half Course
- This course is a controlled, on the job experience with
participating companies, agencies and institutions in the field of logistics
and transportation management. It can taken during the regular term with
part-time employment of 18 to 20 hours weekly, or during Summer term with
36 to 40 hours per week. A term project is required of students taking
an internship. Applications should be made in the semester preceding registrations.
The course is not repeatable for credit and is graded on a Pass/No Pass
basis.
- Prerequisite: A major
in Logistics and Transportation Management, and Senior Standing.
BUS 491 Small Business Institute
- Applied study with another student under the guidance
of a member of the CBE. Actual consulting cases are assigned in collaboration
with the Chicago Office Of Management Assistance of the U.S. Small Business
Administration. Practical training for students to apply and to supplement
their academic theory and preparation in addressing real-life problems
in an actual business environment.
- Prerequisites: Major
in Center for Business and Economics and senior standing with a cumulative
grade-point average of 2.5 or better.
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