& Student Handbook - Saint Mary's University of Minnesota
& Student Handbook - Saint Mary's University of Minnesota
& Student Handbook - Saint Mary's University of Minnesota
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Bachelor Degree Programs 101<br />
Required Course Descriptions<br />
MK300<br />
Marketing Principles (3 cr.)<br />
This course addresses the role <strong>of</strong> marketing in organizations. It<br />
examines the fundamental marketing mix elements <strong>of</strong> product, price,<br />
placement, and promotion that comprise organizational marketing<br />
strategies. It further explores how the marketing mix elements are<br />
strategically implemented to create and deliver products, services, or<br />
ideas to consumers.<br />
MK302<br />
Marketing Ethics (3 cr.)<br />
This course introduces students to the moral and social issues that arise<br />
in the marketing pr<strong>of</strong>ession. It examines implications <strong>of</strong> how marketing<br />
efforts impact consumers and society. It also examines the legal and<br />
regulatory forces that impact how marketers conduct business. Ethical<br />
concepts and frameworks used to resolve moral dilemmas are<br />
presented.<br />
MK305<br />
Consumer Behavior (3 cr.)<br />
Prerequisite: MK300<br />
This course explores both individual and business consumer buying<br />
behavior and the impact <strong>of</strong> these behaviors on organizational marketing<br />
initiatives. The contributions <strong>of</strong> the social sciences in understanding the<br />
social and psychological elements that influence buying behaviors are<br />
examined. Also examined is the use <strong>of</strong> consumer behavior research data<br />
for planning and executing marketing efforts.<br />
MK310<br />
Promotion and Communication (3 cr.)<br />
Prerequisite: MK300<br />
This course examines the tools <strong>of</strong> promotion and communication used in<br />
organizational marketing efforts. Topics include advertising, direct<br />
marketing, sales promotions, public relations, and personal selling.<br />
Message development and communication approaches for various types<br />
<strong>of</strong> promotion are discussed. Legal and ethical issues related to<br />
marketing promotions and communication are also considered.<br />
MK400<br />
Market Research (3 cr.)<br />
Prerequisite: BU403, MK300<br />
This course covers the theory and design fundamentals <strong>of</strong> marketing<br />
research and the analysis and use <strong>of</strong> research results in making<br />
marketing decisions. A variety <strong>of</strong> quantitative and qualitative research<br />
methodologies and approaches that are used to research consumer and<br />
business markets are considered. Applications <strong>of</strong> market research for<br />
various sizes and types <strong>of</strong> companies are also considered.<br />
Required Sales Courses<br />
MK315<br />
Principles <strong>of</strong> Selling (3 cr.)<br />
Prerequisite: MK300<br />
This course covers the theory and practice <strong>of</strong> selling products and<br />
services. Approaches to pr<strong>of</strong>essional selling are reviewed, with the<br />
application <strong>of</strong> selling and customer relationship skills emphasized. Topics<br />
covered include the theories and practices <strong>of</strong> customer prospecting and<br />
approach, determining customer wants and needs, sales presentation,<br />
overcoming objections, closing the sale, and sales territory management.<br />
Also reviewed are communication skills and techniques needed for<br />
developing relationships and negotiating sales transactions. Finally, the<br />
legal and ethical issues pertaining to contemporary selling are covered.<br />
MK440<br />
Business Sales (3 cr.)<br />
Prerequisite: MK300<br />
This course covers the theory and practice <strong>of</strong> selling products and<br />
services to businesses. It considers its similarities to and differences<br />
from consumer sales in terms <strong>of</strong> mix, buyer behavior and the buyerseller<br />
relationship. It addresses the social, ethical, and legal elements <strong>of</strong><br />
business-to-business sales.<br />
MK442<br />
Sales Management (3 cr.)<br />
Prerequisite: MK300<br />
This course examines the process <strong>of</strong> managing sale representatives,<br />
accounts, and resources in the context <strong>of</strong> the legal, ethical and global<br />
business environment. It covers the sales force recruiting and hiring<br />
process; approaches to sales force training, compensation, and<br />
motivation; techniques used in sales forecasting; and approaches to<br />
establishing and managing sales territories. Strategies for managing<br />
resources and measuring sales goals are also explored.<br />
MK444<br />
Customer Service and Communication (3 cr.)<br />
Prerequisite: MK300<br />
This course addresses the importance <strong>of</strong> customer service and<br />
customer-centered communication for ensuring the success <strong>of</strong><br />
organizational marketing efforts. It explores the concepts <strong>of</strong> designing<br />
systems that meet the service and communication needs <strong>of</strong> customers,<br />
and <strong>of</strong> building and maintaining lasting customer relationships.<br />
Strategies for assessing whether systems promote or hinder an<br />
organization’s ability to deliver excellent customer service are examined.<br />
Also examined are techniques for designing effective communication and<br />
the use <strong>of</strong> technology to support customer service activities.<br />
Required Business Courses<br />
BU403<br />
Applied Statistics (3 cr.)<br />
This course presents the theory and procedures <strong>of</strong> data analysis. It<br />
focuses on measures <strong>of</strong> central tendency and dispersion, simple<br />
probability, data analysis, and an overview <strong>of</strong> statistical inference.<br />
BU407<br />
Financial Management (3 cr.)<br />
This course is an introduction to the theory and practice <strong>of</strong> financial<br />
management <strong>of</strong> organizations. Topics covered include the assessment <strong>of</strong><br />
types <strong>of</strong> business entities and capital acquisition sources, basic financial<br />
statement analysis, the assessment <strong>of</strong> how income taxes impact the<br />
financial decision-making process, the evaluation <strong>of</strong> capital projects<br />
using the time value <strong>of</strong> money concepts, management <strong>of</strong> an entity’s<br />
current assets and current liabilities, and the maximization <strong>of</strong><br />
shareholder wealth.