ACCT201: Fundamentals of Financial Accounting (3 hours lecture)

This is an introductory course in financial accounting from a user's perspective. The theoretical foundation and basic accounting terminology are addressed. The basic financial statements consisting of the balance sheet, income statement, statement of stockholder's equity and the statement of cash flows are presented and discussed. Financial statement analysis including ratios analysis will help students to make sound decisions as investors, creditors, and managers. 3 sh.

Prerequisites: ENWR 105 or HONP 100.

ACCT202: Fundamentals of Managerial Accounting (3 hours lecture)

This course introduces basic concepts of management accounting including cost classifications, product costing, cost-volume profit analysis, variable costing, operating budgeting, standards and performance evaluation, balance score card and non-routine decisions. The course will illustrate the use of accounting information by managers for internal decision-making purposes. 3 sh.

Prerequisites: ACCT 201.

ACCT301: Intermediate Accounting I (3 hours lecture)

This course builds on material presented in Fundamentals of Financial Accounting. Students acquire an improved understanding of the composition and significance of various segments of income statements and balance sheet, particularly related to current assets and various income statement revenue and expense items leading to an improved understanding of the preparation of various aspects of the financial statements as well as an enhancement of their ability to critically evaluate financial statements. 3 sh.

Prerequisites: ACCT 202; Accounting Concentration students only except by permit from the Department Chair. Starting Spring 2013: ACCT 201; Accounting major students only except by permit from the Department Chair.

ACCT307: Cost Accounting (3 hours lecture)

This course examines the development of theory, concepts and practices of providing information for use within the organization. Topics discussed include cost concepts, behavior and estimation, various product costing methods, cost allocation, linear programming, inventory costing and management, quality and time as competitive weapons as well as transfer pricing. Starting Spring 2013: This course examines the development of theory, concepts and techniques for providing, using and reporting cost information within the organization. Topics discussed include process costing, activity-based costing and management, cost allocation, inventory management and capacity analysis, Theory of Constraints management and control of quality costs, transfer pricing, profitability analysis, tactical decision making and corporate social responsibility. 3 sh.

Prerequisites: ACCT 202; Accounting Concentration students only except by permit from Department Chair. Starting Spring 2013: ACCT 202; Accounting major students only except by permit from the Department Chair.

ECON101: Principles of Economics: Macro (3 hours lecture)

A study of the American economy, analytically and institutionally; the achievement of an optimal allocation of resources, price stability, full employment level of national income and long term growth. Meets Gen Ed 2002 - Social Science, Social Science. 3 sh.

ECON102: Principles of Economics: Micro (3 hours lecture)

Organization and operation of the American economy for the production and distribution of goods and services. Pricing of products and factors of production in market situations varying from competition to monopoly. Resource allocation, price determination and behavior of the firm in the determination of quantity of output and the hiring of factors of production. Meets Gen Ed 2002 - Social Science, Social Science. 3 sh.

ECON204: Real Estate Principles & Practice (3 hours lecture)

An introduction to the economics of the real estate business, including the general practices and the language of real estate. Providing a basic knowledge of the real estate business the course covers such topics as the physical, legal, locational and other characteristics of real estate. The course emphasizes the market evaluation and financing of real estate, the nature of real estate markets and the regional and local factors that may influence real estate values. Ethical issues are emphasized throughout the course. 3 sh.

Prerequisites: ECON 101 and ECON 102 and MKTG 240. Major within School of Business.

ECON207: Intermediate Microeconomic Analysis (3 hours lecture)

The basic determinants of market demand. Input-output relationships in determining cost structure. Determination of prices received by resource owners in the productive process. Theory of the firm and pricing in different types of market organization with varying degrees of competitive conditions. 3 sh.

Prerequisites: ECON 101 and 102. Major within School of Business.

ECON208: Intermediate Macroeconomic Analysis (3 hours lecture)

The factors comprising aggregate demand and how they interact to determine the level of employment, output and the price level; the role of monetary and fiscal policy. 3 sh.

Prerequisites: ECON 101 and 102. Major within School of Business.

ECON301: Money and Banking (3 hours lecture)

An analysis of the economic role of money and credit in our economy with primary emphasis on federal reserve and treasury operations. 3 sh.

Prerequisites: ECON 101 and 102. Major within School of Business.

ECON305: Commercial Real Estate: Theory and Practice (3 hours lecture)

By developing an understanding of the relevant market structures, institutional frameworks (e.g., tax laws, social regulations, monetary policy, etc.) and appropriate analytical tools, this course provides students with an operational knowledge of investing in commercial real estate. The analysis focuses on real world examples and emphasizes the use of computer-based programs. 3 sh.

Prerequisites: ECON 204. Major within School of Business.

ECON308: Public Finance (3 hours lecture)

The impact of governmental expenditures, taxes and debt operation on resource allocation, income distribution, economic stabilization and economic growth. 3 sh.

Prerequisites: ECON 207 or 206. Major within School of Business.

ECON311: Labor Economics (3 hours lecture)

The determinants of wages in the organized and unorganized markets; a historical survey and analysis of the principal institutions and central processes in the labor and manpower areas; an examination of current issues in labor relations. 3 sh.

Prerequisites: ECON 207 or 206. Major within School of Business.

ECON312: Business Cycles and Forecasting (3 hours lecture)

Fluctuations in economic activity which characterize modern industrial economies. Definitions, descriptions and statistical measurement of business cycles are presented along with theories describing the causes of the cycles. Practical application of forecasting techniques to predict the course of future economic and business activity. 3 sh.

Prerequisites: ECON 203, or INFO 270, or INFO 271 and ECON 208. Major within School of Business.

ECON401: Financial Institutions (3 hours lecture)

The structure and operation of financial institutions, their role in the economy and in the money and capital markets. The techniques and objectives of monetary policy and its effect on financial institutions. 3 sh.

Prerequisites: ECON 208 or 301. Major within School of Business.

ECON402: International Economics (3 hours lecture)

The how, why and consequences of the movement of goods, services and factors of production in international exchange and an examination of the financial arrangements used to facilitate trade. 3 sh.

Prerequisites: ECON 101 and 102. Major within School of Business.

ECON403: Comparative Economic Systems (3 hours lecture)

The economic systems of planned and mixed economies with special emphasis on the Soviet Union, China, the United Kingdom, the Scandinavian countries and the United States. 3 sh.

Prerequisites: ECON 101 and ECON 102. Major within School of Business, Russian Area Studies Minor.

ECON420: Econometrics (3 hours lecture)

An introduction to the techniques of applied economic (social science) research. Examination of the tools necessary for applied economic research and methods for dealing with certain problems inherent in economic data. The primary emphasis will be on the application of the techniques to economic data. 3 sh.

Prerequisites: ECON 101, and ECON 102, and ECON 203, or INFO 270, or INFO 271. Major within School of Business.

ECON438: Advanced Seminar in Economics (3 hours seminar)

A seminar designed to integrate economic theory, quantitative tools, and institutional knowledge in a series of applied issues. Students are required to undertake a number of specific oral and written projects that describe their understanding of key elements within the discipline. This course serves as a capstone for Economics students. Meets the University Writing Requirement for majors in Economics and Business Administration with a Concentration in Economics. 3 sh.

Prerequisites: ECON 206 or ECON 207; ECON 208; INFO 270; seniors only; ECON, ECBE, ECOE and BAEC majors only.

FINC321: Fundamentals of Finance (3 hours lecture)

Financial statements and financial forecasting. Introduction to risk, return, and value. Introduction to working capital management, capital budgeting, optimum capital structure, and dividend policy. 3 sh.

Prerequisites: INFO 270 or INFO 271; and ECON 101; and ACCT 201; and major within the School of Business.

FINC322: Capital Budgeting Management (3 hours lecture)

Analysis of various investment criteria, especially net present value and internal rate of return. Risk in capital budgeting, capital budgets and performance evaluation, stressing the distinction between accounting and financial criteria. Application of concepts and techniques to such issues as leasing, mergers and acquisitions. 3 sh.

Prerequisites: FINC 321; major within the School of Business.

FINC326: Investment Principles and Portfolio Theory (3 hours lecture)

A review of risk analysis and methods of valuing, fixed-income and equity instruments, the efficient frontier, portfolio theory, the capital asset pricing model and an introduction to option and futures market. 3 sh.

Prerequisites: FINC 321; major within the School of Business.

FINC327: International Financial Management (3 hours lecture)

Introduction to multinational business finance. Foreign exchange markets and exchange rate forecasting. Balance of payment accounts, measures of surplus or deficit and their relevance to financial planning. International financial markets and international banking. Import and export financing. Positioning of funds. 3 sh.

Prerequisites: FINC 321; major within the School of Business.

FINC430: Futures/Options, and other Derivatives (3 hours lecture)

This course introduces students to derivative instruments including options, futures and swaps. Definitions, concepts, and strategies are explained. Valuation methods are presented. This course also discusses different hedging strategies. 3 sh.

Prerequisites: FINC 326; major within the School of Business.

INFO173: Introduction to Computers in Business (3 hours lecture)

This course provides an introduction to the use of computers within a broad global business environment through an introduction to the skills, concepts, and capabilities necessary to effectively use information technology in organizations. Strong emphasis of the course is on building competencies in industry-approved software programs, such as Microsoft Windows, Microsoft Office Professional Suite, including Word, PowerPoint, Excel and Access. 3 sh.

INFO270: Statistics for Business (3 hours lecture)

This course is a comprehensive introduction to the application of modern statistical methods. Topics covered include: descriptive statistical methods of data analysis; an introduction to probability theory; an introduction to discrete and continuous probability distributions and mathematical expectation; classical statistical inference - sampling distributions, confidence interval estimation, and hypothesis testing for means and proportions; regression and correlation; and an introduction to time series analysis. Spreadsheet software is integrated in all topics. Cross listed with Mathematical Sciences, MATH 270. 3 sh.

Prerequisites: MATH 114. May not be taken for graduation credit by College of Science and Mathematics majors.

INFO290: Management Information Systems (3 hours lecture)

This course is an inquiry into business information systems and information technology management in digital firms. Analysis of information from the management point of view with respect to information needs in organizations, strategic roles of information systems, information technology infrastructure, information systems supporting organizations and management, and business value of information systems will be covered. This course is skill building in the definition and analysis of systems problems and the provision of solutions to them. The computer as a tool for supporting business functions, management, decision-making and policy-setting is emphasized. 3 sh.

Prerequisites: INFO 173 or passing SBUS Computer Proficiency Exam or CSIT 110.

MATH114: Mathematics for Business II: Calculus (3 hours lecture)

The general aim of this course is to introduce the students to the basic skills of differentiation, integration, maxima-minima problems and several of the other applications of calculus, including modeling, especially models in business and economics. Computer assisted including lecture, individual and small group tutoring in Mathematics Computer Laboratory. 3 sh.

Prerequisites: MATH 100 or placement through the Montclair State University Placement Test (MSUPT) or a satisfactory score on department's Business Calculus Readiness Test. (Students who did not satisfy the course prerequisite at MSU and students who received a grade of D-, D, or D+ in the prerequisite course taken at MSU are required to demonstrate competency on the department's Business Calculus Readiness Test.)

MGMT231: Management Processes (3 hours lecture)

To provide undergraduate students a review of classical and modern approaches to the managerial process as it relates to the manager's functions of planning, organizing, communication, motivation, leading, controlling, and managing change. Emphasizing new forces in the managerial environment such as workplace diversity and economic globalization, these reviews will be tied to the open-system model and the contingency approach as overall frameworks for understanding organizations and management. 3 sh.

Prerequisites: ENWR 105 or HONP 100.