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& 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.

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