Course Descriptions
 

The Department of Business Administration offers a wide range of courses to meet major and minor requirements along with students' interests.  Information about specific course offerings are listed below. If you have any questions about the course offerings, please feel free to contact Robert Kearney, Chair of the Department of Business Administration.

Please note:  In the following list of courses, the prefixes "AD" represents Business Administration, "BE" represents Division of Business and Economics, and "I" represents Insurance.  Only courses with the same prefix need to be included together for purposes of calculating the maximum number of course credits (14) in one department which are allowed to count toward graduation.


AD112 Accounting for Decision Making I

An introduction to business through the lens of financial and managerial accounting -- an information processing system that communicates relevant data regarding business entities to internal and external decision makers.  Emphasizes the basic concepts, principles, and techniques for decision makers to interpret and use accounting system information within all functional areas of business, and the use of information systems generally within organizations.  Offered each semester.

I200 Introduction to Risk Management and Insurance

Exploration of behavior under uncertainty.  Overview of  personal and corporate exposure to risk. Examination of tools used to manage risk.  Investigation of current topics in Risk Management and Insurance.  Offered each semester.

AD210 Not-for-Profit Accounting

Introduces students to the basic concepts of accounting for not-for-profit organizations.  Particularly appropriate for students considering a career in health care, arts management, welfare, or any governmental agency.  Offered occasionally.

AD212 Accounting for Decision Making II

Continuation of an introduction to business through the lens of financial and managerial accounting – an  information processing system that communicates relevant data regarding business entities to internal and external decision makers.  Emphasizes the basic concepts, principles, and techniques for decision makers to interpret and use accounting system information within all functional areas of business, and the use of information systems generally within organizations. Prerequisite: AD112. Offered each semester.

Please note: Successful completion of all foundation course requirements or consent of the department chair is a  prerequisite to all 300-400 level "AD" and "I" courses unless the student is minoring in a business field or is required to take one of these courses in a major outside the department.

AD218 Accounting Information Systems
An introduction to the design, development, and implementation of manual and computer-based accounting information systems, with an internal control emphasis.  Prerequisite: AD 112.  Offered each spring.
 

AD270/I270 Special Topics

Courses treating specialized topics in accounting, business, or risk management.  Two or more may be taken concurrently or repeated for credit if the topic matter is different.  Offered occasionally.

AD280 Business and Society

A study of the business organization as part of a complex socio-economic system.  Emphasis on major problem areas associated with relations between the firm and multiple publics, e.g. consumers, employees, government, owners.  Focus on strategically managing competing interests within constraints of social responsiveness. Open to junior and senior business and nonbusiness majors.  Offered occasionally.

AD300 Seminar in Finance

In-depth study of selected topics in finance.  Topics vary according to student and faculty interests.  May be repeated for credit if the topic matter is different.  Prerequisite: AD303. Offered annually.

AD303 Financial Management

Nature and functions of finance, financial management, and relevant markets and institutions.  Topics include financial analysis, time value of money, valuation, capital structure, and international issues. Offered each semester.

I304 Risk Management and Property/Liability Insurance Seminar

In-depth study of managing organizations' and  individuals' exposure to property damage and legal liability.  Analysis of issues  in social and financial policy related to risk management and insurance, especially issues of government regulation.  Prerequisite: I200.  Offered annually.

I307 Life/Health/Social Insurance

Examination of public and private  provision of protection against life span and health uncertainty.  Focus on contemporary public policy issues, including health care reform and Social Security.  Prerequisite: I200.  Offered annually.

I309 Investments

Principles of  security analysis, valuation, and formulation of investment policy.  Includes study of stocks, bonds, futures, options, mutual funds, and portfolio management.  Open to juniors and seniors only.  Prerequisite: AD303.  Offered each semester.

AD315 Tax Accounting

Individual tax procedures and an introduction to corporation and partnership taxation.  Prerequisite: AD212. Offered each fall.

AD316 Accounting and Auditing Concepts and Theory

The presentation of the traditional framework of financial accounting, including such topics as principles of revenue recognition and asset valuation; surveys the role of audits in market economies, including such topics as legal liability and materiality; contrasts the uses of financial and internal accounting, discussing such topics as the use of current cost information and the analysis of the overall value-chain.  Prerequisite: AD212 and concurrent enrollment in AD319.  Offered each fall.

AD317 Specialized Topics in Financial Reporting

Theory and problems related to stock-holders' equity, dilutive securities, investments income determination, preparation and analysis of financial statements and other selected topics. Prerequisite: grade of C- or higher in AD316.  Offered each spring.

AD318 Accounting and Auditing Processes (W)

The presentation of a number of systems and auditing topics, structured primarily around transaction cycles; offers an overview of information systems from an accounting perspective and covers such auditing subjects as internal controls and statistical sampling.  Prerequisite: AD316.  Offered each spring.

AD319 Cost Management

The course emphasizes the role of cost information in assisting managers in designing and implementing firms' strategic plans; adopts a decision-oriented approach to such cost topics as budgeting, variances, controls, and cost allocations.  Prerequisite: AD212 and con-current enrollment in AD316. Offered each fall.

AD330 Seminar in Marketing
In-depth study of selected topics in marketing.  Topics vary according to student and faculty interests.  May be repeated for credit if the topic matter is different. Prerequisite: AD331. Offered annually.

AD331 Marketing: Principles and Management

Functions and activities of the consumer, retailer, and wholesaler.  Consideration of development of marketing programs including product planning, marketing communications, and pricing policies. Offered each semester.

AD332 Marketing in Service Industries and Not-for-Profit Organizations

Marketing problems and strategies in service organizations, including retailers, hospitals, not-for-profit agencies, banking and arts organizations.  Prerequisites: AD331 or Arts Management/Human Services Management minor or consent of instructor.  Offered annually.
 

AD333 Marketing Channels (W)
Course centers on the product and service distribution process and on intermediaries between manufacturer  and customer.  Theoretical concepts of marketing channels, as well as their evolution, structure, and management in both a local and national context are covered.  Topics include various forms of retailing and wholesaling, such as department stores, restaurants, groceries, and franchises.  Global dimensions are stressed since distribution is a major strength of the U.S. marketplace, where the U.S. still serves as a model for the rest of the world. Prerequisite: AD331.  Offered annually.

AD340 Seminar in Management

In-depth study of selected topics in management.  Topics vary according to student and faculty interests.  May be repeated for credit if the topic matter is different.  Prerequisite: AD341. Offered annually.

AD341 Organization and Management

An introduction to organization theory and fundamental considerations of planning, organizing, and controlling organizations.  Focus is on theories of motivation, perception, communication, decision making, group behavior, leadership, control tools, and change as they relate to the practicing manager in business, government, hospitals, and schools. Offered each semester.

AD342 Production/Operations Management

The addressing of the production problems of manufacturing and service industries competing in domestic and international markets.  Topic areas include production technology, capacity planning, facility location/ layout, production scheduling, inventory systems, and quality control.  Quantitative methods and analytical techniques are emphasized through problem solving.  Site visits will be scheduled during some class hours; students are responsible for their own local transportation.  Open to juniors and seniors only.  Offered occasionally.

AD344 Human Resources Management

The role of human resources management and its effects on individuals as managers or employees.  Case studies are used extensively.  Individual and group behavior are investigated. Offered annually.

AD355 Business Law I (Legal Environment) (W)

Nature of law and courts; international law; crimes and torts; administrative law; wills, trusts and
estates; insurance law; anti-trust law;  landlord/tenant relationships.  Introduction to contracts, sales, commercial paper, and secured transactions.  Open to juniors and seniors only.  Offered each semester.

AD356 Business Law II

Detailed coverage of topics introduced in AD355.   Other topics covered are appropriate for those planning to sit for the CPA examination, such as professional responsibility, ethics, duties and liabilities.  Prerequisite: AD355.  Offered each spring.

BE360 Travel Seminar

A travel course designed to increase students' awareness and familiarity with the business practices, culture, politics, and values of different countries around the world.  Students meet business executives, educators, government officials, and visit various business organizations and cultural sites.  Prerequisite: Consent of instructor.  Offered each May Term.

AD370/I370 Special Topics

Courses treating specialized topics in accounting, business, or risk management at an advanced level.  Two or more may be taken concurrently or repeated for credit if the topic matter is different.  Prerequisite will depend on topic.  Offered occasionally.

BE395 Internship in Teaching

Intensive experience in assisting with the instruction of a specific course in business or economics.  Assignments include researching, organizing, preparing, and delivering a small number of lectures in that class.  Prerequisites: Major in accounting, business administration, international business, economics, or risk management; completion of 22 or more course units; minimum of 3.25 GPA in major; consent of department head.  Offered each semester and May Term.

BE397 Internship in Industry

Not more than one course unit may be counted toward graduation requirements.  May not be counted as general education credit or for the major or minor.  Credit/No credit.  Registration must be completed prior to the beginning of the internship.  Prerequisites: Career Education 300Y, or consent of department head, junior or senior standing and consent of the instructor, minimum of six business or economics courses.  Offered each semester and May Term.

I408 Seminar in Risk Management and Insurance

In-depth analysis of advanced topics in risk management and insurance.  Topics and assignments vary, with emphasis on current problems of national and international significance.  Prerequisite: I304 or I307.  Offered annually.

I409 Portfolio Management

Advanced study of investment research, security analysis, and portfolio performance analysis.  Students manage a "real dollar" portfolio, proceeds from which are used to provide scholarships for IWU students. Prerequisites: I309 or AD303 and consent of instructor. Offered each semester.

AD416 Advanced Accounting

Accounting theory applicable to consolidations, partnership organization and operation, liquidation, and joint ventures.  Prerequisite: AD317.  Offered each fall.

AD417 Accounting Theory and Practice I

Intensive study of a range of topics including but not limited to governmental, non-profit and fund accounting, corporate taxation, capital budgeting, and stock warrants and rights.  Prerequisites: AD315, 317, 318, 319, and 356.  Corequisite: AD418.  Offered each spring.

AD418 Accounting Theory and Practice II

Advanced study of a range of topics, including but not limited to, professional and ethical responsibilities of accountants; law of trusts, wills, and estates; and auditing problems. Prerequisites: AD315, 317, 318, 319, 356.  Corequisite: AD417.  Offered each spring.

AD451 International Business

Organizational alternatives, trade policies and trading areas, influence of economic nationalism, international monetary system and finance, international competitiveness, and problems of less-developed countries.  Open to juniors and seniors only.  Offered annually.

AD455 Independent Study

Individual study directed toward a specific topic. Prerequisite: Consent of department chair. Offered each semester and May Term.

AD490  Strategy and Policy

A capstone course which applies major functional areas and tools to critical current and future issues.  Focuses on strategic management and its role in positioning organizations, profit or not-for-profit, to address internal capabilities and external opportunities.  Prerequisites: business administration, accounting, international business or risk management major; senior standing; AD303, 331, and 341. Offered each semester.


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