2012–2013 UNIVERSITY CATALOG - Florida Institute of Technology

BUS 5426 ENVIRONMENTAL AND RESOURCE ECONOMICS (3 credits).
Introduces the behavioral sources of environmental problems. Includes property
rights, externalities, cost-benefit analysis, depletable and recyclable resources, pollution
control, population growth, sustainable development, ecotourism and environmental
justice.
BUS 5431 MANAGERIAL ACCOUNTING (3 credits). Focuses on internal
reporting to managers for use in planning and control, in making nonroutine decisions
and in formulating major plans and policies. Covers cost-volume-profit relationships,
flexible budgets and standards, job order and process cost, and cost allocation and
accumulation.
BUS 5432 ADVANCED ACCOUNTING (3 credits). Provides the accounting
major with intensive exposure to the subject of accounting for business combinations
in a format designed to further the student’s ability to solve complex accounting
problems involving worksheet techniques. (Requirement: Instructor approval.)
BUS 5433 ADVANCED PROBLEMS AND CURRENT TOPICS (3 credits).
Broadly exposes the accounting major to advanced subjects in accounting; furthers the
student’s ability to analyze and present solutions to complex accounting problems, as
well as interpret and apply theoretical issues; and develops the student’s communication
and presentation skills. (Requirement: Instructor approval.)
BUS 5434 ADVANCED AUDITING THEORY AND APPLICATION (3 credits).
Exposes the accounting major to the theory of auditing and development of audit programs;
procedures for obtaining audit evidence; and auditor responsibilities under Securities and
Exchange Commission requirements. (Requirement: Instructor approval.)
BUS 5435 TAX AND FINANCIAL ACCOUNTING RESEARCH (3 credits).
Examines the various primary and secondary authorities available for answering
questions in the area of tax and financial reporting. The main purpose is not to teach
the respective rules in the areas of tax and financial reporting, but to teach students
how to find authoritative answers to problems in these areas. (Requirement: Instructor
approval.)
BUS 5436 GOVERNMENTAL AND NONPROFIT ACCOUNTING (3 credits).
Principles and procedures of accounting, financial reporting and budgeting for governmental
and nonprofit entities. Includes general funds and special revenue funds, capital
project funds, enterprise funds, fiduciary funds, and accounting for colleges and universities,
healthcare entities and voluntary health and welfare organizations. (Requirement:
Instructor approval.)
BUS 5437 INFORMATION SYSTEMS AUDITING/CONTROL (3 credits).
Process of obtaining and evaluating internal audit evidence and communicating audit
results. Includes method to assess organizational risks, controls and performance, and
professional auditing standards and auditors’ ethical responsibilities. (Requirement:
Instructor approval.)
BUS 5438 FRAUD EXAMINATION (3 credits). Overviews the nature of fraud
(asset misappropriation, corruption and fraudulent statements), how it is committed
and how it can be detected, investigated and prevented.
BUS 5439 FORENSIC ACCOUNTING (3 credits). Provides exposure to the
investigation of accounting procedures and techniques used in litigation support.
Includes financial reporting fraud, forensic accounting techniques, income reconstruction
methods, testifying as an expert witness, evidence management, cybercrime and
business valuations.
BUS 5440 FINANCIAL MANAGEMENT (3 credits). Studies the concepts and
tools of corporate financial management and financial planning, including capital
budgeting, capital structure and net working capital. Considers the importance of
ethics in financial decision-making.
BUS 5444 FINANCE MARKETS AND INSTITUTIONS (3 credits).
Presents an analysis of financial institutions and the interrelationships among
intermediaries in both money and capital markets. Considers the functions of the
Federal Reserve and its effect on interest rates and financial markets. Focuses on
commercial banks and other depository institutions, investment banks and mutual
funds. Prerequisites: BUS 5421, BUS 5440.
BUS 5446 INVESTMENT MANAGEMENT (3 credits). Investigates the
concepts, theories and techniques underlying the development of investment policies
and strategies.
BUS 5447 ENTREPRENEURIAL FINANCE (3 credits). Explores both the
capital structure and financial needs of a start-up company. In addition, students gain
an understanding of intellectual property, as well as the techniques used to value
nonpublicly traded companies. Prerequisites: BUS 5440.
BUS 5448 PORTFOLIO ANALYSIS (3 credits). Focuses on understanding
the theory and practice of combining financial assets into portfolios. Examines the
importance of sector selection in asset allocation. Investigates the diversification of
portfolios. Prerequisites: BUS 5446.
BUS 5450 ORGANIZATIONAL BEHAVIOR (3 credits). Presents existing
research, theories and models explaining how individual and group behavior and
processes shape the internal dynamics of organizations. Provides the foundation to
understand contemporary debates concerning alternative organizational designs and
management practices.
BUS 5455 PERSONNEL MANAGEMENT (3 credits). Surveys personnel management
practices and procedures, including wage and salary considerations, employee
benefits and incentives, and labor-management relations. Emphasizes the individual
within the organization and the development of the human resource.
BUS 5456 EMPLOYMENT LAW (3 credits). Examines federal regulations
governing the relationship between employees and employers, and emphasizes their
respective rights and responsibilities. Includes discrimination, sexual harassment,
affirmative action, privacy, terminating employees, compensation and benefit regulations,
family leave, and safety and health.
BUS 5457 NEGOTIATION AND CONFLICT RESOLUTION (3 credits).
Examines the management of conflict in organizations at the level of the individual
and the group. Provides a background in alternatives to litigation models including
negotiation, mediation, peer-review systems and arbitration. Uses simulation exercises
to develop the student’s skills in applying various forms of dispute resolution.
BUS 5458 LEADERSHIP THEORY AND EFFECTIVE MANAGEMENT
(3 credits). Teaches the leadership process and techniques used to train leaders by
reading the literature, analyzing cases of corporate leadership and participation in
experiential exercises that are used in leadership training. Also reinforces leadership
skills of interpersonal interaction, written analysis and oral presentation. Prerequisites:
BUS 5450.
BUS 5460 MANAGEMENT INFORMATION SYSTEMS (3 credits). Addresses
policy and management issues surrounding information systems in today’s enterprises:
strategic use, organizational impact, project management, human resource issues and
other topics germane to understanding management information systems.
BUS 5461 PRODUCTION AND OPERATIONS MANAGEMENT (3 credits).
Covers the translation of product and service requirements into facilities, procedures
and operating organizations. Includes product design, production alternatives, facilities
location and layout, resource requirements planning, quality control and project
management. Uses live case analyses.
BUS 5462 INFORMATION SECURITY (3 credits). Covers information security
techniques from a managerial perspective. Includes network and host security,
cryptography, authentication, security policies, intrusion detection and forensics,
and related managerial responsibilities. Prepares the student for the Center for
Immigration and National Security (CINCS) Level-1 examination.
BUS 5465 MANAGING INFORMATION (3 credits). Explores how organizations
gather, represent, process and distribute information and knowledge to employees and
customers. Includes knowledge management, knowledge workers productivity, data
and process modeling and data mining. Examines major issues relating to information
processing and its management at the individual, group, and organizational levels.
BUS 5466 MANAGING SYSTEMS (3 credits). Provides a foundation of critical
issues in the design and implementation of business and information systems change.
Focuses on the interdependence of information technologies and organizational characteristics
by examining managing business redesign, IT leadership, managing projects
and changes, and managing enterprise information systems.
BUS 5467 MANAGING ELECTRONIC COMMERCE (3 credits). Examines
the use of electronic commerce from business to consumer, business to business and
intra-organizational perspectives to reflect the Internet and global communications
networks that have emerged as powerful strategic assets, providing increased opportunity
and uncertainty for business leaders.
BUS 5470 MARKETING MANAGEMENT (3 credits). Examines the tools and
techniques of managing marketing activities as well as an analysis of the marketing
process. Emphasizes decision-making, the refinement of skills needed to recognize and
solve marketing problems, and effective communication of recommendations. Uses
case analysis extensively.
BUS 5476 STRATEGIC MARKETING (3 credits). Includes strategic analysis of a
firm’s activities from the marketer’s point of view. Gives attention to marketing strategy
formulation, implementation and control. Assesses strategies for the functional areas
of marketing (product, pricing, distribution and promotion) and their relevant application
to e-commerce. Prerequisites: BUS 5470.
BUS 5480 STRATEGIC MANAGEMENT (3 credits). In-depth analysis of
industries and competitors, and how to build and defend competitive advantages in
forming a successful competitive strategy. Case analysis and management simulation
convey the multifunctional nature of decision making at the top management
level. Augmented by live-case analyses. Must be taken in the final semester prior to
graduation.
BUS 5486 INTERNATIONAL BUSINESS (3 credits). Emphasizes economic,
social, cultural, legal and environmental influences on the formulation and execution
of the business policy of firms engaged in multinational business. Students explore
the functions, problems and decision-making processes of multinational business
organizations. Prerequisites: BUS 5440.
Course Descriptions 241