Biola_Catalog_19820101NA

"Bio/a's strong business administration department, the Bible education offered and recommendations of friends brought me to Bio/a. I have found the business department instructors to be well qualified, several remaining in the business world as well as teaching. The relatively small classes, particularly upper division, provide personal attention in a relaxed, yet professional atmosphere." Kathy Evans Business Administration student Department of Business Administration Henry S. Warren , M.B.A., Chair FACULTY Professors: Warren Associate Professors: Buegler , Powell Instructors : Jewe , Linamen , Netland , Orke

Objectives: Upon completion of the business-economics major it is intended that the student should demonstrate knowledge of the terminology of business , industry , finance and economics ; be able to set up, use and maintain a usable bookkeeping system for a small or medium-size business ; solve typical business problems involving applications of mathematics , statistics and use of a computer; have an understanding of the methods and problems involved in finance , marketing , personnel management and busi­ ness research; exhibit a knowledge of law pertaining to commer­ cial contracts and transactions; understand the banking system of this country , including the Federal Reserve System; and apply Christian principles not only in the business world , but also in Christian organizations they may serve. DepartmentMajor: 52 units , of which 27 must be upper division , leading to the Bachelor of Science degree . The required business management core includes 111 , 191 , 211 , 212 , 221 , 223 , 320 , 321 , 325 , 330, 361, 362 , 370,415,470 and Economics 20 I, 202. Courses for the business-accounting major include 311 , 312 , 313 , 314 , 411, 412. Courses for the marketing major include 331 , 334 , 420 , 431 , 432 and one of the following: 430 or 434. Psychology 200 is a required supporting course. The general education requirement for a foreign language for those fo llowing a business administration 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. 191,221 , 223 or 320 for science / mathematics credit for the general education requirements , but the units cannot be counted for both general education and major requirements. Department Minor: l 8 units plus nine units of specified quantita­ tive prerequisites which may be used to meet the general educa­ tion requirements for science/ mathematics. Business courses: 18 units including 201 , 211 , 212 , 330 , 370 , 415. Quantitative courses: Bus. 191 , 221 , 320. 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 bookkeeping system. Second semester: corporate accounting and elementary cost accounting methods. Prerequisite: 191 or con­ sent. 211 prerequisite for 212 , 221. One hour each week , non­ credit, laboratory. 311,312 INTERMEDIATE ACCOUNTING (3, 3) Advanced treatment of cash-flow, funds-flow analyses, prepara­ tion of financial statements , income tax allocation , valuation , forecasts, cash reconciliation . Prerequisite: 211, 212 . 313 COST ACCOUNTING (3) Cost accounting from managerial, conceptual and technical view­ points ; product, labor, material and overhead costing; planning and control processes; analytical procedures. Prerequisite: 2 I2.

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