Biola_Catalog_19880101NA

EI:mlll COURSE DESCRIPTIONS Department major: 57-67 units, depending which of the five curricular emphases is selected, of which 27 must be upper division , leadingto the Bachelor of Science degree. The required business department core includes 190, 20 l, 202, 211, 212, 223, 321, 330, 361, 362, 370, 415, 470 Courses for the management concentration include: l l l, 221, 318, 325, 431, 464 and six units of upper division business electives. Courses for the ac­ counting concentration include: 22 1, 311 , 312, 313, 314, 315, 325, 411 , 412. Courses for the Finance concentration include: ·221, 229, 31I, 312 or 460, 350, 430, 437, 462, 464. Courses for the marketing concentration include: 22 l, 331, 334,431,432,433, 435 , and two of the following: 336, 430, 436 or 460 (with department approval). Courses for the computer information systems concentrat ion include: 101 , 275, 280, 302, 325, 402, 425 and six upper division business electives. The general education requirement for a for­ eign language for those following a business ad­ ministration major may be met by two years of high school language or the first four units of a college language. Business administration majors may use Bus I90 and 223 for math credit toward the science/mathematics requirement for the general educations requirements, but the units cannot be counted in both general education and in the major. Philosophy305 is recommended for all business majors.

411 ADVANCED ACCOUNTING (3) Provides more advanced concepts of partner­ ship, special sales procedures, consolidations, fi­ duciaries and actuarial problems. Prerequisite: 313. 412 AUDITING (3) Standards and control concepts; internal con­ trol and procedures; closing the audit. Prerequi­ site: 312, 313. Computer Information Systems 101 INTRODUCTIONTO COMPUTER SCIENCE (3) Introduction to computer hardware and soft­ ware. Problem solving methods. Elementary con­ cepts of algorithm development. PASCAL Pro­ gramming. Fee: $15 (See also COS l0 I) For Com­ puter Information Systems majors only. 275 APPLICATIONS PROGRAM DEVELOPMENT (3) Elementary concepts of data structures, file organization and processing. Computer problem solvingmethods. COBOL Language, PASCAL labo­ ratory. Prerequisite 101. Fee $15. (See also COS 102) 280 SYSTEMS ANALYSIS & DATA ORGANIZATION (3) Business computing systems. Systems develop­ ment life cycle, techniques & tools of systems documentation and logical system specifications. Concepts and techniques of structuring data on bulk storage devices. File processing techniques. COBOL programming. Prerequisite: 275. Fee: $15. (See also COS 20 I) 302 COMPUTER ORGANIZATION (3) Organization and structuring of major hard­ ware components of computers. Mechanics of in­ formation transfer and control within a digital computer system. Fundamentals of logic design. Prerequisite: 101 , 20 1. Fee: $15. (See also COS 302) 402 DATA BASE MANAGEMENT (3) Integrateddata base systems, logical organiza­ tion , data description language (DDL), data ma­ nipulation language (DML), hierarchical net­ works and relational data bases, overview of se­ lected data base management systems (DBMS). Prerequisite: 280. Fee: $15. (See also COS 402) 425 APPLIED SOF'IWARE DEVELOPMENT PROJECT (3) A capstone systems course integrating the knowledge and abilities gained through other computer related courses, culminating in a com­ prehensive systems development project. Prerequi­ sites: 280, 402. Fee: $15. (See also COS 425) Economic Courses 201 PRINCIPLES OF MACROECONOMICS (3) Macroeconomics: supply and demand analysis, fiscal and monetary policy, money and banking, international trade and the balance of payments. 202 WRITINGS IN MICROECONOMICS (3) Integration of basic microeconomic theory with research and composition on issues related to market efficiency. The course includes an analysis of the firm in the varoius market structures as well as studies in the resource markets and regulatory activities . Paper will be a part of course require­ ment and double as Pass/Fail on competency requirement. May not be transferred without con­ sent. Prerequisite: 201 or English Il0A and ll0B.

345 CURRENT ECONOMIC ISSUES (3) Reading and analysis of articles in periodicals and the daily press relating to economic prob­ lems. Utilizes principles developed in 201, 202. Offered on sufficient demand. 350 MONEY AND BANKING (3) Nature, functions and flow of moneyand credit in the American economy and the world; analysis of commercial banking and U.S. monetary sys­ tem. Prerequisite: 20 l. 360 ECONOMIC HISTORY OF THE UNITED STATES (3) Key developments chronologically in agricul­ ture, commerce, communications, industry, fi­ nance and transportation: perspective in business administration and problem so lving. (See also HIS 360) 430 INTERNATIONAL ECONOMIC AND TRADE (3) Principles and theory of international trade; analysis of U.S. trade with leading industrial na­ tions; trade and growth in developing countries; national policies affecting trade; economics of foreign exchange; balance of payments and mon­ etary arrangements. Prerequisite: 201, 330. Finance Courses 229 PERSONAL AND FAMILY FINANCES (3) Managing family finances; budgeting; use of credit; borrowing money; savings methods; pur­ chase of life, health, property and auto insurance; buying or renting property; taxes; buying securi­ ties; wills and estates. 370 BUSINESS FINANCE (3) Problems and methods in securing funds for business firms ; nature of securities markets, short- and long-term financing. Prerequisites: 190, 212. 400/500 PERSONAL FINANCE FOR CLERGY (3) Budgeting and financial management. Invest­ ments, savings and banking. Insurance, real es­ tate purchases, and giving. These financials topics are interfaces with biblical principles. 437 REAL ESTATE (3) Laws relating to rights and obligations inher­ ent in ownership of real property; how title to real property is transferred; homesteads, trust and deeds, liens; land descriptions; escrow procedure; title insurance; the real estate broker. Prerequisite: 361 462 INVESTMENTS (3) Principles for the individual investor; tests of a sound investment, information sources; types of stocks and bonds; mechanics of purchase and sale. Prerequisite: 202 , 370. Management Courses 111 BUSINESS METHODS AND PROBLEMS (3) An introduction to the various major areas of business activity, ways in which businesses are organized, operated and financed and types of problems they encounter. 318 PERSONNEL MANAGEMENT (3) Organization and role of thepersormel depart­ ment in business ; analyzing and solving case problems drawn from industry. Prerequisite: upper division standing.

Department minor: 18 units plus 6 units of specified quantitative prerequisite courses of which 190 may be used for math credit towards the general education requirement for science/math, but the units cannot be counted in both general education and in the minor. Busi­ ness courses: 18 units including: 201, 211 , 212 , 330, 370, 4I5. Quantitative courses: 190, 22 l. Accounting Courses 211, 212 PRINCIPLES OF ACCOUNTING (3, 3) Basic for all business majors and those seeking to learn the language of business; procedure for setting up a double entry bookkeep ing system. Second semester: corporate accounting and elementary cost accounting methods. Prerequi­ site: 211 prerequisite for 212, 22 1. One hour each week, non-credit, laboratory. Fee: $10. 31 I, 312 INTERMEDIATE ACCOUNTING (3 , 3) Advanced treatment of cash-fl01v, funds-flow analyses, preparation of financial statements, in­ come tax allocation, valuation, forecasts , cash reconciliation. Prerequisite: 212, 31I for 312. 313 COST ACCOUNTING (3) Cost accounting from managerial , conceptual and technical viewpoints ; product, labor, material and overhead costing; planning and control pro­ cesses; analytical procedures. Prerequisite: 212. 314 FEDERAL INCOME TAX FOR INDIVIDUALS (3) An explanation of the federal income tax law as it relates to individuals. The tax structure is examined in light of its historical development with emphasis on problem solving. Prerequisite: 212. 315 FEDERAL INCOME TAX FOR PARTNERSHIPS, CORPORATIONS AND ESTATES (3) An explanation of the federal income tax law as it relates to partnerships and corporations. Estate taxes are reviewed with historical perspec­ tive. Problem solving is emphasized to provide the student with practice in application of tax princi­ ples to specific situations. Prerequisite: 212.

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