Business Course Description
BUSINESS – Economics
ECON 201 Principles of Economics (3)
A study of the fundamental concepts of economics based on the theory of consumption, production, exchange and distribution of wealth.
BUSINESS – Accountancy
ACCT 151–152 Principles of Accounting (3-3)
Period: Lecture 3; practicum 2
A comprehensive study of the principles of accounting with special reference to the accounting requirements of proprietary merchandising firms, emphasizing of financial statements, and examining on generally accepted accounting principles and conventions.
ACCT 251–252 Intermediate Accounting (3-3)
Prerequisite: ACCT 152 with a minimum grade of “C”
A detailed study of financial statements, net income concepts, joint stock company accounts, current and fixed assets, liabilities and reserves; working of problems leading to the interpretation of financial statements; analysis of working capital and operations, preparation of cash flow and funds flow statements.
ACCT 321 Cost Accounting (3)
Prerequisite: ACCT 152 with a minimum grade of “C”
A study of cost concepts, cost behavior, and cost accounting to manufacturing cost systems; emphasis is on the three elements of cost, job order costing, process costing and standard costing.
ACCT 331 Denominational Accounting (2)
Prerequisite: ACCT 152 with a minimum grade of “C”
A study of the accounting principles/system of the Seventhday Adventist Church.
ACCT 401–402 Advanced Accounting (3-3)
The field of accounting specializing on the accounting procedures of various types of business and different natures of transactions. The study includes the accounting perplexities of partnership formation, operation and profit distribution, partnership dissolution and liquidation. Accounting for branch operation and subsidiaries are also studied with emphasis on consolidated financial statements.
ACCT 406 Management Accounting (3)
A study of the principles of the uses of accounting data in making management decisions. Topics covered are financial statement analysis, cost-volume-profit relations, capital investment evaluation, cash-flow analysis, contribution margin, and departmental performance evaluation and budgeting.
ACCT 421 Computerized Financial Accounting (3)
Prerequisite: ACCT 152, ACCT 322 with minimum grades of “C”
An introduction to the SUN Accounting software used in the denominational organization and APAC accounting software used in profit-making enterprises.
ACCT 422 Auditing (3)
Prerequisite: Permission of the Department Head
A study of the auditing standards and practices observed by chartered accountants in the examination of financial statements of business and other organizations.
BUSINESS – Management
MGMT 200 Business Management (3)
This course cover the evolution and stages of commercial organization, principles in setting up industrial enterprises and factory layout, principles of management, formation of policies, managerial functions, and operative functions of management.
BUAD 205 Business Communication (2)
This course covers the basic concept of communication network system, emphasizes the importance of communication in the work place and composing business-related reports, transactions, and letters.
BUAD 209 Business Statistics (3)
Prerequisite: CISY 012; CISY 201
This course covers permutation and combination, sampling methods, collection and presentation of date, frequency distribution, measures of central tendency, and variability.
BUAD 301 Business Law (3)
A general study of business law relating to the contract act, sales of goods act, partnership act, common carriers act, negotiable instruments acts, and industrial law relating to payment of wages act, minimum wages act, payment of bonus act, and industrial act.
CISY 301 Management Information Systems (2)
Prerequisite: CISY 012; CISY 201
This course includes the study of the foundation concepts of information system, an introduction of management information technologies, its’ application to business processes and decision making.
MGMT 308 Material Management (3)
A study of material procurement process as its related functions such as purchasing, storage, dispatch packaging and forwarding, shipping and transporting. The analysis of inventory control in materials, work in process, and finished goods.
MGMT 331 Human Resource Management (3)
Prerequisite: MGMT 200
A study of the human factor in modern business; the growing importance and recognition of the human factor in modern industry; selection, training, placement, and maintenances of a satisfactory force of employees; methods of paying and safety of the employees; and maintenance of cooperative, and harmonious working relations with employees directly or through their bargaining agents.
MGMT 332 Production & Operation Management (3)
Prerequisite: MGMT 200 with “C” grade
A study of modern concepts, tools, and techniques of production management; analysis of costs for choice of processes; operations efficiency and improvement; layout facilities and materials handling; production planning and scheduling and quality control and human elements or production.
MGMT 351 Business Ethics (2)
The course addresses the need of sound ethics in business operation and management. Discussions and case studies will help understand the effect ethical and unethical actions. It includes the foundation of ethical behavior, principles of management, and leadership.
MGMT 402 Company Law (2)
Prerequisite: MGMT 200 with a minimum grade of “C”
The study relating to the formation of a company; memorandum and articles of association; capitals, shares, and shareholders, management of company; the qualifications and duties of the company secretary, steps in calling and conducting legal meetings, recording minutes, and filing returns.
ENTR 407 Entrepreneurship (3)
An introduction to the basic concepts and skills of entrepreneurship, and processes of identifying and launching enterprises for the various forms of business. Topics include corporate entrepreneurship, business development strategies, business plans and the risk and rewards in an entrepreneurial journey.
MGMT 410 Total Quality Management (3)
Prerequisite: Permission of the Department Head
A study of quality management system in the business operation and the application of the quality tools and techniques in individual, the analysis and formulation of quality policies, awareness of quality concept, developing and implementation of statistical quality control, and quality auditing system.
MGMT 411 Management and Organization (3)
Prerequisite: MGMT 200 with “C” grade
A study of the organization and control of a business enterprise through accepted principles of scientific management, group dynamics, investment decisions, and quantitative methods.
MGMT 421 Industrial Psychology (3)
Prerequisite: PSYC 141
A study of man and machines; economics aspects, social foundations, individual differences, trends, motivations, production and leadership; and collective bargaining and industrial relations; employees morale, monotony and fatigue, learning and training, job satisfaction, and accident prevention.
MGMT 423 Project Management (3)
A study of a project’s life cycle; the basic principles and tools of project management.
BUAD 426 Business Policies and Strategy (3)
MGMT 200 with a minimum grade of “C”
The course deals with the basic administration processes and problems, the determination of corporate strategy; and the implementation of strategy.
BUSINESS – Finance
FINA 405 Business Finance (2)
Prerequisite: ACCT 252 with “C” grade
A study of how business firms acquire and manage funds, nature and use of financial instruments, financial institution, money markets, corporate financial problems, and government regulations.
FMGT 325 Financial Analysis & Reporting(3)
This course deals with solving common financial problems. The primary focus is on equity (share) valuation, with some attention given to credit analysis and the valuation of debt. The methods of fundamental analysis will be examined in detail and applied in cases and projects involving listed companies. Topics include models of shareholder value and a comparison of accounting and discounted cash flow approaches to valuation, methods of financial statement analysis, testing the quality of financial reports, designing value-added metrics, forecasting earnings and cash follows, pro-foma analysis for strategy and planning, and the determination of price/earnings and market-to-book ratios.
ACCT 304 Fundamental of Investment (3)
This course offers an introduction to investments including investment analysis, portfolio management, and capital markets. Designed to provide the basic concepts and principles of investing, the course examines investment policies, types of securities, factors that influence pricing changes, timing purchases and sales, preparing investment programs to meet objectives, investment risk and return, and portfolio balancing. Instruction also includes an overview of the securities markets and their behavior, including sources of information about the various instrument traded, procedure of trades, and the relevant mechanics and techniques of the market.
BUSINESS – Marketing
MKTG 305 E-Commerce(3)
The increased commercial use of the internet makes it essential for students to understand the fundamentals of electronic commerce. Included are the role of the internet and the worldwide web in electronic commerce. It provides an overview of the fundamental concepts of online marketing, creating a web site, and gaining customers online.
MKTG 306 Marketing (3)
Prerequisite: MGMT 200
A study of the marketing process, functions, institutions, channels in distribution of goods and services from producers to consumers, buying motives, roles of middlemen, marketing practices, and marketing costs.
ENTR 408 New Venture Financing (3)
This course focuses on the potential funding sources for starting, growing and harvesting an entrepreneurial venture. Emphasis is given to attracting seed and growth capital from a variety of sources and methods of assessing those sources. Course format includes: case analysis, writing a financial plan (group project) and readings.
ENTR 409 Small Business Management (3)
This course is small-business oriented and helps the student understand and develop the entrepreneurial spirit and how to use it in the formation of a business. Coverage includes opportunity recognition, small business trends, and the challenges and objectives of owning a small business.
BUAD 403 International Business (3) Prerequisite: MGMT200.
The course deals with the basic concepts of international business theory and activity. Topics include globalization, differences in political economy and culture, investment, monetary system, entry structures and strategies, materials management and economic integration.
BUAD 206 Computer Business Application (3)
Examines the terminology and concepts of technology in general and computers in particular. Through hands-on experience with popular personal computer (PC) business software (Microsoft Office, available edition), students will develop an understanding of its capabilities for multiple business operations that they are likely to face in the workplace. The knowledge and skills developed in this course will also prepare students to use PCs to support subsequent coursework that require quantitative analysis (statistics, finance, accounting, etc), word processing, and information management.
MKTG 330 Selling & Sale Management (3)
A Study and an analysis of the basic principles of sales management. Topics include: the sales process and effective sales for the sales force, leadership and evaluating performance. The course also covers initiating an on-line selling program and the employment.
Techniques focusing on building long-term relationships with customers, staffing the sales force, sales training, forecasting and planning, organizing and motivating sales people, and compensation.
BUAD 424 Professional Internship (3)
Supervised work experience of 240 hours in the area of the student’s concentration, preferably off campus during the semester. Evaluation shall be made by the faculty supervisor and the person responsible for supervision of the student in the work place.
