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| COURSE NUMBER | COURSE NAME | DEPARTMENT | CREDIT HOURS | YEAR | COURSE DESCRIPTION |
| ACC 221 | Principles of Accounting I | Econ/Bus/Acc | 3 | Freshman | Concepts and issues of financial reporting for business entities, analysis, and recording of economic transactions. May be taken during first year. Fall and spring. |
| ACC 222 | Principles of Accounting II | Econ/Bus/Acc | 3 | Freshman | Continuation of financial accounting as well as concepts and issues of management accounting, budgeting, cost determination, analysis, and non-profit accounting. Prerequisite: ACC 221. May be taken during first year. Fall and spring. |
| ACC 235 | Data Management and Analysis | Econ/Bus/Acc | 3 | Sophomore | This course will focus on the application of intermediate and advanced Microsoft Excel topics to real-world business scenarios. Case studies will be used to provide engaged learning opportunities that will expand on introductory material learned from previous courses and will expand on the application in a business environment. Through the case studies, students will be asked to solve problems, think strategically and critically, and propose and/or implement solutions to business issues using Microsoft Excel and other software programs. Prerequisite: CMP 130 or consent of instructor. Fall and spring. |
| ACC 311 | Intermediate Accounting I | Econ/Bus/Acc | 3 | Sophomore | The theoretical framework for accounting principles and financial statement presentation as applied to the assets of an enterprise. Prerequisites: ACC 221 and 222. Must have at least sophomore class standing. Fall. |
| ACC 312 | Intermediate Accounting II | Econ/Bus/Acc | 3 | Sophomore | The theoretical framework for accounting principles and procedures. Generally accepted accounting principles and financial statement presentation as applied to liabilities and equities. Prerequisites: ACC 311. Must have at least sophomore class standing. Spring. |
| ACC 321 | Managerial-Cost Accounting | Econ/Bus/Acc | 3 | Sophomore | Purposes and methods of cost accounting as used for planning and control. Budgets, standards, and profitability analysis. Job-order, process, and standard cost accounting systems. Prerequisites: ACC 221and 222. Must have at least sophomore class standing. Fall. |
| ACC 341 | Introduction to Taxation | Econ/Bus/Acc | 3 | Sophomore | Internal Revenue Service Code and Regulations. Advanced aspects of income, deductions, and credits, especially as applied to individuals. Must have at least sophomore class standing. Fall. |
| ACC 342 | Advanced Taxation | Econ/Bus/Acc | 3 | Junior | Internal Revenue Code and Regulations as applied to the tax requirements of partnerships, corporations, estates, and trusts. Tax structure, tax types, administration, tax data processing, and tax return preparation of partnerships and corporations. Prerequisite: ACC 341 or consent of instructor. Spring. |
| ACC 420 | Auditing | Econ/Bus/Acc | 3 | Senior | Auditing with emphasis on standards, scope of audits, work-papers, and audit reports. Prerequisite: ACC 312. To be taken during year of graduation. Fall. |
| ACC 431 | Advanced Accounting | Econ/Bus/Acc | 3 | Senior | A study of accounting procedures for partnerships, mergers and acquisitions, bankruptcy filings, and consolidations. Also includes government and nonprofit institution accounting. Stress is on consolidation of financial statements for corporations. Prerequisites: ACC 312. To be taken during year of graduation. Spring. |
| ACC 475 | Strategic Implementation Project | Econ/Bus/Acc | 3 | Senior | This course is the senior capstone course for the economics, business and accounting majors. Students will work in teams to solve complex business problems in a simulated boardroom setting as they address and solve a real-life business challenge that has been presented to them by Franklin College Alumni or others who have current and relevant projects to complete. Students are expected to synthesize material in all business, economics, and accounting courses in preparing solutions to these problems, and to present their solutions with a formal oral and written report directly to the business owners/managers who tasked them with the project. Teams will be expected to defend their solutions/suggestions; and prepare any follow-up work requested by the business owners/managers. Some time will be spent on resume development and job search/interview strategies. Depending upon project and project sponsors wishes, this course may be followed in the subsequent spring semester by an optional SNT 489 (Senior Internship Project) serving as Strategic Implementation Project Follow-Up Internship. Prerequisite: Business majors with senior standing having completed all other business core requirements with grade of C- or better or Accounting majors with senior standing having completed all other accounting core requirements with grade of C- or better. Spring. |
| ACC 498 | Portfolio | Econ/Bus/Acc | 0 | Senior | The portfolio requirement will be met by creating the portfolio required in BUS 371. Students will develop a comprehensive portfolio documenting skills learned and assessment of such skills. See BUS 371 for complete description. Spring. |
| ACC 499 | Senior Competency Practicum | Econ/Bus/Acc | 0 | Senior | Satisfactory performance on simulated CPA Exam. Passing grade C- or better. Must have at least senior class standing. |
| BUS 101 | Introduction to the Business Mindset | Econ/Bus/Acc | 3 | Freshman | This is the first in a yearlong two-course series comprising the first-year student business exploration and experience courses. The course provides a broad overview of the functions, institutions, principles, and practices of American business; and immerses the student in the introduction to business, business management, and entrepreneurship. It includes exploration of organization types and structure, all the key functional areas in business, as well as the exploration of ethical issues of business management. Students will work individually, but primarily in teams, as they learn and explore the business mindset and begin development of a new company business plan. The course will include active student participation, and exploration of important business topics through coursework, guest lecturers, case studies and other individual and team classroom assignments. Students will be required to attend up to four evening guest speaker presentations. All students in the class are required to obtain a 15- week subscription to the Wall Street Journal, and are also required to purchase a specific business/financial calculator. Each item costs about $30. Fall and Spring. |
| BUS 102 | Development of Entrepreneurial Mindset | Econ/Bus/Acc | 3 | Freshman | This course is the second course in the two-part series of the first-year student business experience. BUS 102 extends and expands the learning from BUS 101 (Introduction to the Business Mindset), and unless otherwise assigned, teams will work in their same team as they continue to develop their new company business plan started in BUS 101. Individual students will continue to learn and explore key fundamental components of business leadership, management and nurturing deep, critical, and creative thinking within a business context. This course introduces students to the skills necessary to start and operate a business. Working in teams, students will develop an awareness of the opportunities for business ownership and develop the planning skills needed to start and grow a business. Students will explore the traits and characteristics of successful entrepreneurs and develop necessary skills in research, planning, operations, and regulations affecting business. Again through coursework, guest lecturers and case studies, students and their teams will create a completed new company business plan and make a formal presentation to a panel of outside experts who will take on the role of potential backers, and who will evaluate and score the work. The course will continue to build on key business leadership and management concepts, especially the necessary components of building an entrepreneurial mindset. Students will be required to attend up to three evening guest speaker presentations. All students in the class are required to obtain a 15-week subscription to the Wall Street Journal, and are also required to have a specific business/financial calculator. Each item costs about $30. Prerequisites: BUS 101, Fall and Spring |
| BUS 340 | Business Organization and Public Policy | Econ/Bus/Acc | 3 | Junior | Studies industrial organization and public policy toward business. The course examines the economic rationale and impact of antitrust legislation and government regulation of business activity. Same as ECO 340. Prerequisite: ECO 115. Spring, odd academic years. |
| BUS 341 | Business Law I | Econ/Bus/Acc | 3 | Junior | The purpose of this course is to enable the student to comprehend the legal significance of decisions made within the corporate organization. It acquaints the student with the American legal system and the concepts and processes through which law develops and disputes are resolved. The focus of this course will be on contract law, sale of goods (UCC Article 2), and property law. Fall. |
| BUS 350 | International Business and Finance | Econ/Bus/Acc | 3 | Junior | Surveys the theories of international trade, investment, and finance. The balance-of-payments statement, tariffs and other forms of protectionism, multinational enterprises, foreign-exchange markets, and the international financial system are all topics of discussion. Same as ECO 350. Prerequisites: ECO 223. Spring, even academic years. |
| BUS 351 | Business Finance | Econ/Bus/Acc | 3 | Junior | The course is designed to acquaint students with the basic strategies available to large corporations and small businesses for obtaining and deploying funds. Key areas include: time value of money, interest rate determination, types of debt and equity securities, venture capital financing, leverage, capital budgeting techniques, efficient markets, short-term financial management, and business firm valuation. Prerequisites: ECO 115, ACC 221, and ACC 222, or consent of instructor. Fall and spring. |
| BUS 352 | Investments | Econ/Bus/Acc | 3 | Junior | This course analyzes personal investment opportunities from the viewpoint of the individual investor, stockbroker, and investment analyst. Emphasis is placed on selection of investment portfolios consistent with investor goals and market conditions. Special focus is placed on risk minimization and interpreting commonly available market data. The role of the stockbroker as a marketer is stressed, and material necessary to pass stockbroker exams will be reviewed. Prerequisite: BUS 351 or consent of instructor. Spring. |
| BUS 353 | Principles of Risk and Insurance | Econ/Bus/Acc | 3 | Junior | The course introduces students to risk and insurance from the viewpoint of the purchaser, seller and designer. Various types of insurance are discussed, and the student is prepared for insurance sales license exams. Prerequisite: BUS 265 or consent of instructor. Fall, even academic years. |
| BUS 360 | Labor Economics and Management | Econ/Bus/Acc | 3 | Junior | Examines the operation of labor markets and the economic framework of employer-employee relations. Particular labor issues, labor legislation, and our government regulations pertaining to labor are discussed. Same as ECO 360. Prerequisite: ECO 221. Spring. |
| BUS 361 | Contemporary Marketing | Econ/Bus/Acc | 3 | Junior | The purpose of the course is to introduce the student to the practice of strategic marketing, the art and science of interfacing producers and consumers in a dynamic environment. Key areas of focus include product development, pricing, promotion, distribution, market segmentation, market research, and retailing. Prerequisites: ECO 115, ACC 221, or consent of instructor. Fall and spring. |
| BUS 362 | Consumer Behavior | Econ/Bus/Acc | 3 | Junior | The course is designed to furnish students with basic information necessary to understand consumer reaction to marketing stimuli. The emphasis is on gaining knowledge about consumers in order to achieve effective interface of producers and consumers. The course is highly interdisciplinary, drawing heavily on psychology and sociology, and the focus throughout is on the link between consumer behavior and marketing strategy. Prerequisite: BUS 361. Spring. |
| BUS 371 | Operations Management | Econ/Bus/Acc | 3 | Junior | This course will review and build upon basic management and leadership techniques introduced in BUS 101 and BUS 102. The primary emphasis will be to examine operations management as a tool for the firm to achieve maximum value for the customer through the utility maximizing principles achieved in form, time, place, and possession utilities. The course will explore how mangers can achieve optimal output and firm profit through effective conversion of firm acquired inputs such as material, labor, and capital into value-added outputs/outcomes. This will be done by addressing operations management in areas such as logistics, supply chain, production, retail operations, and service industries. The course will address the historical background of operations management, and will have a significant emphasis on the quantitative and qualitative analysis of critical decision-making tools used in operations management. Topics will include production planning, quality control, inventory control. |
| BUS 380 | Econometrics | Econ/Bus/Acc | 4 | This course is designed for students who obtained basic statistical concepts and elementary econometrics through MAT/PSY/SOC 224. The course provides students with advanced level of research methodology to analyze business and economic problems. The course focuses on departing Gauss-Markov assumption and learning non-linear regression model, time series including serial correlation, panel data, simultaneous equations model and generalized least squares (GLS) methodology, so that students can conduct research analysis correctly. During the course, students, using actual data of business and/or economics, will conduct a research analysis, for which students use the statistical software, R. Prerequisite: MAT/PSY/SOC 224. Fall. | |
| BUS 475 | Strategic Implementation Project | Econ/Bus/Acc | 3 | Senior | This course is the senior capstone course for the economics, business and accounting majors. Students will work in teams to solve complex business problems in a simulated boardroom setting as they address and solve a real-life business challenge that has been presented to them by Franklin College Alumni or others who have current and relevant projects to complete. Students are expected to synthesize material in all business, economics, and accounting courses in preparing solutions to these problems, and to present their solutions with a formal oral and written report directly to the business owners/managers who tasked them with the project. Teams will be expected to defend their solutions/suggestions; and prepare any follow-up work requested by the business owners/managers. Some time will be spent on resume development and job search/interview strategies. Depending upon project and project sponsors wishes, this course may be followed in the subsequent spring semester by an optional SNT 489 (Senior Internship Project) serving as Strategic Implementation Project Follow-Up Internship. Prerequisite: Business majors with senior standing having completed all other business core requirements with grade of C- or better or Accounting majors with senior standing having completed all other accounting core requirements with grade of C- or better. Spring. |
| BUS 498 | Portfolio | Econ/Bus/Acc | 0 | Senior | The portfolio requirement will be met by creating the portfolio required in BUS 367. Students will develop a comprehensive portfolio documenting skills learned and assessment of such skills. See BUS 367 for complete description. Fall and Spring. |
| BUS 499 | Senior Competency Practicum | Econ/Bus/Acc | 0 | Senior | Satisfactory performance on the ETS major field test in business. Passing grade: D- or better. Spring. |
| ECO 115 | Principles of Economics | Econ/Bus/Acc | 3 | Freshman | Provides an introductory survey of economic theory as it relates to issues of price determination, resource allocation, income distribution, inflation, unemployment, and economic growth. Course emphasis is on how the market system works in the American economy. Satisfies human behavior exploratory requirement. Fall and spring. |
| ECO 221 | Intermediate Microeconomics | Econ/Bus/Acc | 3 | Sophomore | This course provides the theory of consumption, production, pricing, market structure, competitive strategy, market failure and resource allocation. Technique of market analysis is applied to the determination of prices and quantities, in both product and resource markets. Economic issues of monopolies, inequality and pollution are examined. Prerequisites: ECO 115 and MAT 131 or consent of instructor. MAT 135 can substitute for MAT 131 for NON-EBA major students ONLY. Fall and spring. |
| ECO 223 | Intermediate Macroeconomics | Econ/Bus/Acc | 3 | Sophomore | This course explains how the level of national income, aggregate output, price levels and unemployment are measured and determined. Then, the course focuses on classical theory and Keynes General Theory to explain how the economy fluctuates in the short run and long run. The course also explains the role of fiscal and monetary policies and how these policies will be used to guide the macro-economy stabilized. The course also offers the Solow growth Model to explain economic growth in the very long run and gives students the opportunity to consider the determinants of the economic growth for the nation. Prerequisites: ECO 115 and MAT 131. Fall and spring. |
| ECO 330 | Money and Banking | Econ/Bus/Acc | 3 | Junior | Develops the principles of money, credit, and banking. This incorporates the study of monetary theories and policies, as well as descriptions of the U.S. banking and financial system. Prerequisites: ECO 223. Spring, odd academic years. |
| ECO 340 | Business Organization and Public Policy | Econ/Bus/Acc | 3 | Junior | Studies industrial organization and public policy toward business. The course examines the economic rationale and impact of antitrust legislation and government regulation of business activity. Same as BUS 340. Prerequisite: ECO 115. Spring, odd academic years. |
| ECO 345 | Statistical Consulting Project | Mathematics and Computing | 3 | Junior | Each student will work as part of a team to complete a statistical consulting project for a local non-profit agency or other appropriate organization. Special emphasis will be given to the development of skills in project management and consulting. Projects will be chosen to require the use of important statistical concepts such as experimental design, survey design, or regression analysis. Recommended especially for majors in the social sciences who are intending to go to graduate school or for those aiming for careers involving statistical applications. Same as MAT/PSY/SOC 345. Students may receive credit in only one of these cross-referenced courses. Satisfies LA 315 Liberal Arts Capstone. Prerequisites: MAT/PSY 224, MAT 331, or BUS 265. Spring, odd academic years. |
| ECO 350 | International Business and Finance | Econ/Bus/Acc | 3 | Junior | Surveys the theories of international trade, investment, and finance. The balance-of-payments statement, tariffs and other forms of protectionism, multinational enterprises, foreign-exchange markets, and the international financial system are all topics of discussion. Same as BUS 350. Prerequisites: ECO 223. Spring, even academic years. |
| ECO 360 | Labor Economics and Management | Econ/Bus/Acc | 3 | Junior | Examines the operation of labor markets and the economic framework of employer-employee relations. Particular labor issues, labor legislation, and other government regulations pertaining to labor are discussed. Same as BUS 360. Prerequisite: ECO 221. Spring. |
| ECO 362 | Consumer Behavior | Econ/Bus/Acc | 3 | Junior | The course is designed to furnish students with basic information necessary to understand consumer reaction to marketing stimuli. The emphasis is on gaining knowledge about consumers in order to achieve effective interface of producers and consumers. The course is highly interdisciplinary, drawing heavily on psychology and sociology, and the focus throughout is on the link between consumer behavior and marketing strategy. Prerequisite: BUS 361. Spring. |
| ECO 380 | Econometrics | Econ/Bus/Acc | 4 | This course is designed for students who obtained basic statistical concepts and elementary econometrics through MAT/PSY/SOC 224. The course provides students with advanced level of research methodology to analyze business and economic problems. The course focuses on departing Gauss-Markov assumption and learning non-linear regression model, time series including serial correlation, panel data, simultaneous equations model and generalized least squares (GLS) methodology, so that students can conduct research analysis correctly. During the course, students, using actual data of business and/or economics, will conduct a research analysis, for which students use the statistical software, R. Prerequisite: MAT/PSY/SOC 224. Fall. | |
| ECO 475 | Strategic Implementation Project | Econ/Bus/Acc | 3 | Senior | This course is the senior capstone course for the economics, business and accounting majors. Students will work in teams to solve complex business problems in a simulated boardroom setting as they address and solve a real-life business challenge that has been presented to them by Franklin College Alumni or others who have current and relevant projects to complete. Students are expected to synthesize material in all business, economics, and accounting courses in preparing solutions to these problems, and to present their solutions with a formal oral and written report directly to the business owners/managers who tasked them with the project. Teams will be expected to defend their solutions/suggestions; and prepare any follow-up work requested by the business owners/managers. Some time will be spent on resume development and job search/interview strategies. Depending upon project and project sponsors wishes, this course may be followed in the subsequent spring semester by an optional SNT 489 (Senior Internship Project) serving as Strategic Implementation Project Follow-Up Internship. Prerequisite: Business majors with senior standing having completed all other business core requirements with grade of C- or better or Accounting majors with senior standing having completed all other accounting core requirements with grade of C- or better. Spring. |
| ECO 498 | Portfolio | Econ/Bus/Acc | 0 | Senior | The portfolio requirement will be met by creating the portfolio. Students will develop a comprehensive portfolio documenting skills learned and assessment of such skills. Spring. |
| ECO 499 | Senior Competency Practicum | Econ/Bus/Acc | 0 | Senior | Satisfactory performance on ETS major field test in economics. Passing grade D- or better. Spring. |
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