Summary of Requirements

• Financial Accounting;
• Managerial Accounting;
• Principles of Microeconomics;
• Principles of Macroeconomics;
• Business Statistics, Law and Business;
• Financial Management;
• Marketing;
• 2 additional upper division business administration courses

Lower Division Courses

1 Financial Accounting
Introduces students to the basic structure of financial accounting. Topics include the accounting model, the adjustment process, accounting for elements of the income statement and balance sheet, statement of cash flows, and interpretations of financial statements. The course presents both a preparer’s as well as a user’s perspective. The course is taught in a computer classroom using a general ledger accounting program.

2 Managerial Accounting
Focus is on understanding costs and cost behavior and the use of cost information for planning, evaluation, and control decisions. Students learn how a business manager uses management accounting information to solve problems and manage activities within an organization. The course is taught in a computer classroom, using the spreadsheet program Excel. Prerequisite: Accounting 1 .

3 Principles of Microeconomics
Introduction to the concepts and tools of micro-economic analysis. Micro-economics is concerned with individual economic units including representative consumers, firms, and markets. Topics include resource allocation, income distribution, and price, wage, and quantity determination in competitive and noncompetitive markets. Micro-economic analysis, based in models of the rational decision-making behavior, is applied to selected current economic issues.

4 Principles of Macroeconomics
Introduction to the concepts and tools of macro-economic analysis. Macro-economics is concerned with the relationship between major economic aggregates including firms, households, and government. Topics include the determination of the level of aggregate economic activity, inflation, unemployment as well as government’s ability to achieve a full employment, noninflationary Gross Domestic Product using fiscal and monetary policy. Macroeconomics is applied to current economic issues including economic growth, business cycles, the government budget, and the policies of the

40 Business Statistics
Introduction to statistical concepts used to assist in making decisions under conditions of uncertainty. Topics include the collection and analysis of data, probability and probability distributions, hypothesis testing, linear regression, and correlation. Not open to freshmen. This course may not be taken for credit in addition to Mathematics 4 or Psychology 3.

120 Law and Business
Introduces students to the history, philosophies, and structure of the U.S. legal system, then focuses upon the central elements of that system to which they are likely to be exposed during their business careers. Provides them with an understanding of contract principles, business torts, white collar crime, business organization structures, and other related topics.

123 Financial Management
A study of the organization and financial administration of business enterprise. The course includes such topics as financial analysis, value and value theory, risk analysis, investment decisions, corporate finance and theory, working capital management and related topics.

124 Marketing
The principles of major areas of marketing decision-making that confront organizations. Topics include the utilization of marketing information systems as well as the formulation and implementation of integrated product, pricing, distribution, and promotion strategies.