Biola_Catalog_20030101NA

Business Administrati on

Business administration majors may use Business 190 and 223 for a math credit coward t he sc ie nce/ma the­ matics rcquircmcnrs for rhc general education requ irements, but the unit s can not be counted in bot h general ed ucation and in the majo r. Phil osophy 2 IS, Commun ica tion 18 1 and Psyc hology 200 are recom­ mended fo r all b usiness majors.

Dea n: Larry D. Strand, 1vl.B. A.

who can make significant contr ibu­ t ions in the work p lace or in C hri st­ ian organizations they may ser\'C.

Int roduces a nd integrates a ll the parts of th e mode rn organ iza tion act ing in a g lobal e n v ironment. All ows studen ts to see th e neces­ sity of a broad e ducation a l back­ ground to an o rga ni za tional career, a n d allows t hem to exp lo re iss ues of fa ith in a bus i­ ness ca lling. 190 Business Statistics (3) Collection a nd presentation of business data, cen tral te ndency and dispers ion measures for bus i­ ness a na lys is, sampling and in fer­ ence for confid e nce inte rva ls a nd hypo thes is resting, busi ness fore­ cast ing with s imple and multiple regress ion, ind ex numbers. 200 Economic Principles (4) M icro and macro econom ic theory with an emphas is on the application of thi s t heory to c urrent economic issues, including the study of chose who developed the th eory a nd their predecessors . Iss ues in vo lv in g trade and finance among nat io ns a nd their comparat ive eco nomi c system s wi ll also be exa m ined. (For non-business majors onl y.) 201 Principles of Macroeconomics (3) Macroeco n om ics : s up p l y and demand a na lysis, fi sca l and mon­ etary po licy, money and banking, international trade a nd t he bal­ ance o f payments. 202 Writings in Microeconomics (3) Intcgrat ion of basic microeconomic th eory with resea rc h and composi­ tion o n iss ues related to mar ker efficien cy. The course incl udes an ana lys is of t he firm in the various market structu res as we ll as stud ies in the resource markers and regul a­ tory act ivities. A paper w ill be a pa rt of co urse requi rement a nd will double as pass/fail on wri ti ng com­ pete ncy requirement. !\lay not be transferred without consent. Pre­ requi si tes: E ngl ish 11 0A and 11 OB. 211,212 Principles of Account­ ing I, II (3,3) Bas ic for a ll b us iness majo rs a nd those see kin g to learn t h e la n ­ g uage of bus in ess; procedure for setting up a double e ntry boo k­ keeping sys te m. Second semes­ ter: co rporate acco unting and e le­ mentary cost account in g me th­ ods . Prerequi s ite: 2 11 prereq ui­ s ite for 212. One hour each week, non-cred it, laboratory. Fee: $ 10.

FACULTY Professor: V. Smith Associate Professo rs: Buckles, Hanna n, Rundle, Y. Smith, Strand, \\'oodwa rd

ADMISSION REQUIREMENTS

Admission into Bio la Unive r­ s ity does nor g uara ntee admiss ion as a bus in ess ad mini st rati o n major in the School of Business, nor permiss io n to e n roll in upper division business administration courses. (Intermed iate Acco unt­ in g excepted.) The following requireme nts mu st be observed: A. Comple te, with a minim um of a "C" (2.0) grade in each course, Busi ness Statistics 190, Accounting 21 1 and 2 12, Economics 201 and 202, Engli sh 110 A and B, and Ca l­ cu lus for l\lanagcment Sciences 223 (24 semester ho urs), or the equiva­ lent, wit h a c umulative grade point average of 2.5. A m in imum require­ ment of 30 hours of General Educa­ tion (includ ing Bible) must be com­ pleted with an overall GPA of2.5. B. Accomplish an overa ll cumulat ive GPA of 2.5 in all co l­ lege leve l course wo rk completed at th e rime of formal app licat ion to the School of Business . C. File an appl ication with t he School of Bus iness for adm is­ s ion , which s h a ll in c lu de an essay, a nd affirm tha t the a bove requirem e nt s h ave been ac hi eved either at Bio la Unive r­ s ity or another accred ited institu­ t ion. The appl icat ion shou ld be fi led at the co mpletion of the fourt h semester with a fee of $20. D. Meet app roval o f t he fac­ ulty of the Schoo l of Bus iness. The process wi ll requ ire an interview. E. Prior to forma l admiss ion, stude nt s sha ll continue to be advised as pre-bus iness majo rs.

OBJECTIVES

Bi o la Un ive rsi t y, through its Schoo l of Business. is nationa ll y accred ited by the Association of Co ll egiate Business Schoo ls and Programs to offer a 8flchelor of Sci­ e111e i11 811si11ess f\r/111i11i.11mrio11 degree w ith emphases in the fo ll owing: acco unting, information sys ten1 s, management and marketing. Each program is structured to g iv e the student broad under­ sta n di ng of the soc ial a nd eco­ nomi c e n v i ron m e n t in w hi c h C hri s tian business persons func­ tion, and provides a common body of know ledge for s tud ents who e lect chis majo r. Students s tud y eco nomics, finance, man­ agen1enr, business lav,1, acco unt­ ing, a nd marketing as t he core of th e major based upon quanrira­ ri ve management ski ll s. The four individual emphases prepa re students through addit ional spec­ ified courses to enter a ca reer field in those areas, or to select a g raduate sc hoo l upon graduat ion. Ir is the purpose of the School of Business to prepare highl y skill ed, technica ll y competent busi­ ness persons who have b road prepa­ ration in the liberal arts as we ll , and

MAJORS

Requirements for the emphases arc as fo ll ows : Accounting (60 units)

1\lust compl ete 3 11 , 3 12, 3 13, 314,315, -II I , 412 and three uni rs of upper division business electives. Information Systems (60 units) Must compl e te: IOI , 275, 302, 3 11 , 402, 432, 463 and three units of uppe r d ivision busi ness electives. Finance Progm1111111der revisio11. Management (60 units) i\lust com plete : 318,42 1,434, 453, -164 and 9 unit s of up p e r d ivision busi ness electives. Marketing (60 units) l\ lu sr com pl ete : 332, 337, -132, -133 , -13-1 , -135, three units of upper div isio n business e lect ives and one of the following: 453 o r 460 (with depa rtme nt a pproval) .

MINOR

A ,l/i11or i11 811si11ess Ad111i11is1m- 1io11 is offered with the completion of 18 units (20 1, 2 11 ,2 12,230, 328,370) p lu s six unit s ( 190 a nd 220) of s pec ifie d quantitati ve p re­ requisite cou rses . Business 190 also cou nts coward th e genera l education requirement for sci­ e nce/math, but th ese units ca nnot be counted coward bo th ge nera l educat ion and a business minor. COURSES (BUSN) 101 Introduction to Computer Science (3) Introductio n co compu ter hard­ ware a nd so ftware. Problem so lv­ in g method s . Elementa ry co n ­ cepts of a lgorithm deve lopment. C programm ing. F ee: $25 (Sec also Compute r Science I 05) For informati o n systems majors on ly. 111 Contemporary Business Enterprise (3) D esigned to experie ntially exp la in how organizat io ns work and to show students how a bus i­ ness career ca n be a mini st ry .

DEGREE PROGRAM

A Bflche/or of Scie11ce degree i11 B11si11ess f\r/111i11is1ra1io11 is offered upon the compl et io n of bacca lau­ reate requireme nt s and the busi­ ness major in one of chc fo ll owing emphases: acco unting, marketing, management and in formation sys­ tems. Thirty of th e required unit s mu s t be upper division. Other requ i rements in c lud e courses : 111 , 190, 20 I , 202, 2 11 , 2 12, 220, 223,230, 327,328,36 1,370, 470. The genera l education require­ ment fo r a fo reign lang uage for those following a bus iness adm inis­ trat ion major may be met by cwo yea rs of high school language or the first four un irs of a coll ege language.

58 • Course Descriptions

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