2011–2012 UNIVERSITY CATALOG - Florida Institute of Technology

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BUS 5411 STATISTICAL METHODS FOR BUSINESS (3 credits). Students learn to apply statistical methods to compare, examine and estimate the outcome of various management options. Includes statistical estimation, hypothesis testing, regression analysis, ANOVA, correlation analysis, sampling, time-series, decision theory and use of SPSS. BUS 5420 MACROECONOMICS (3 credits). Concerned with the determination, at the national level, of production, employment, inflation and growth. An international perspective is taken as macroeconomic policies are examined in the presence of both goods and asset flows. Also explores how changing macroeconomic conditions affect the international business environment. Not for required or elective MBA credit. BUS 5421 MANAGERIAL ECONOMICS (3 credits). Provides an understanding of the microeconomic forces that influence firm decision-making. Includes competitive markets and market failure, benefit-cost analysis, demand estimation and forecasting, decision-making under risk and uncertainty, production and cost estimation, and market structure analysis. 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 5430 FINANCIAL ACCOUNTING (3 credits). Studies accounting concepts, the accounting model, measurement processes, financial statements, financial analysis, the accounting cycle, monetary and fixed assets, inventory, current and longterm liabilities and equity structures of partnerships, proprietorships and corporations. Not for required or elective MBA credit. 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. 228 Florida Tech 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. Prerequisites: BUS 5400. 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. BUS 5487 NEW VENTURE DEVELOPMENT (3 credits). Students examine the critical elements of creating and nurturing new business ventures; screen and evaluate ideas in the formulation phase, identify sources of funds and determine means to obtain financing; select a start-up activity and prepare a business plan that represents the basis for forming a company. BUS 5488 CORPORATE INNOVATION AND NEW VENTURES (3 credits). Covers the discovery and identification of new business opportunities, the process of creation within the context of a mature company, the processes of growth through acquisition, and the absorption, discontinuance or spinning out of businesses. BUS 5499 INTERNSHIP (3 credits). Students must register with the director of industry/education programs in the College of Business at least two months prior to the start of the semester. Minimum requirements include formal written and oral presentations, weekly summary reports and a minimum of 120 hours working at a host employer’s location. (Requirement: Associate dean approval.) BUS 5601 ESSENTIALS OF BUSINESS DEVELOPMENT 1 (3 credits). Examines necessary tools required to plan and run a successful business venture. Requires integration of concepts, methods and models from accounting, economics and marketing in forming a business plan for a product or service in a case study. First course in a two-course sequence. BUS 5602 ESSENTIALS OF BUSINESS DEVELOPMENT 2 (3 credits). Builds on BUS 5601. Examines and uses concepts, methods and models from the functional business areas of statistics, finance, management and law. Requires students to integrate each component into a complete business plan. Prerequisites: BUS 5601. BUS 5610 DATABASE MANAGEMENT TECHNOLOGY (3 credits). Introduces basic concepts of database management. Examines database systems from organization and management perspectives. Includes concepts, tools and techniques used to design, implement and use a database system. Also includes database architecture, conceptual and relational data models, structured query language (SQL), administration, concurrent processing, and data warehousing and mining. Prerequisites: BUS 5460. BUS 5611 GLOBAL INFORMATION TECHNOLOGY MANAGEMENT (3 credits). Introduces the basic concepts of information technology and globalization. Identifies ethical, social and cultural considerations in the global marketplace. Includes the complexities of information security and privacy, and the importance of data management and retrieval systems. Also includes enterprise solutions, government policies and regulations, and emerging technologies. BUS 5618 STRATEGIC MANAGEMENT OF TECHNOLOGY AND INNOVATION (3 credits). Introduces the basic concepts of information technology and innovation from a strategic management perspective. Covers strategic management of high technology companies, emerging technologies in a global marketplace, and aligning product development and system design. Identifies the creation of new products and services, and how new ventures are exploited. Prerequisites: BUS 5460, BUS 5610. BUS 5621 INTERNET MARKETING (3 credits). Introduces electronic commerce distribution channels, Web-based marketing and promotion, and online marketing strategies for customer acquisition and retention. Includes business models used for Internet marketing, and techniques and methods for online market research and Internet marketing strategies based on the marketing mix. Prerequisites: BUS 5460. BUS 5622 INTEGRATED MARKETING COMMUNICATION (3 credits). Analyzes communication strategies as an approach for implementing marketing decisions. Provides an understanding of traditional and new delivery modes in facilitating integrated marketing campaigns in changing social and technological environments. Examines the ethical, social and legal issues in marketing communication. Prerequisites: BUS 5460. BUS 5623 TECHNOLOGIES OF INTERNET MARKETING (3 credits). Covers technologies used for Internet marketing strategies and business initiatives. Includes search engine optimization (SEO), Internet marketing tactics, social media, Web site usability and data analytics. Prerequisites: BUS 5621. BUS 5629 INTEGRATED INTERNET STRATEGIES (3 credits). Uses cases studies to integrate concepts, practices and technologies of Internet marketing. Demonstrates effective Internet marketing campaigns, building and promoting a Web presence, techniques for search engine optimization, and diagnostic and performance tracking using Web analytics. Focuses on the organizational perspective of global strategies. Prerequisites: BUS 5460, BUS 5621, BUS 5623. BUS 5644 INTERNATIONAL ACCOUNTING AND REPORTING (3 credits). Provides background in international accounting, reporting standards and business operations in a global environment. Includes international financial reporting standards (IFRS). Also includes a comparison of U.S. generally accepted accounting principles (GAAP) and IFRS to develop and enhance criticall thinking in financial accounting and reporting. Prerequisites: BUS 5431. BUS 5646 ADVANCED GOVERNMENTAL AND NONPROFIT ACCOUNTING (3 credits). Examines the procedures of accounting, financial reporting and budgeting for governmental nonprofit entities. Covers the theories behind standards set by the Governmental Accounting Standards Board and its integrated accounting and financial reporting model and introduces research concepts used in governmental and nonprofit accounting. (Requirement: Instructor approval.) BUS 5650 STRATEGIC COST MANAGEMENT (3 credits). Uses case studies to analyze approaches to managerial accounting. Covers the application of decision and control models, planning and control under conditions of uncertainty, ethics and current issues in the development and practice of managerial accounting. (Requirement: Instructor approval.) Prerequisites: BUS 5431. BUS 5651 HEALTHCARE POLICY (3 credits). Analyzes key contemporary issues in healthcare policy. Includes design and structure of the U.S. healthcare system, policy initiatives and the roles of government, the private sector, consumers and advocacy groups in setting policy agenda. (Requirement: Must be enrolled in University Alliance.) BUS 5653 INFORMATION MANAGEMENT IN HEALTHCARE (3 credits). Addresses issues related to the management of information for healthcare practitioners and consumers. Provides insight and experience, and applications of information technology that improve the quality of healthcare communication and delivery, and facilitates healthcare research. (Requirement: Must be enrolled in University Alliance.) BUS 5654 LEGAL ASPECTS OF HEALTHCARE (3 credits). Analyzes healthcare business entities and the regulations with which they must comply. Discusses individual right to access, and malpractice and its defense. Examines legal perspectives to starting a new healthcare business venture, and information necessary before entering into a joint healthcare venture. (Requirement: Must be enrolled in University Alliance.) BUS 5656 CONSUMER BEHAVIOR STRATEGIES (3 credits). Examines the consumer decision-making process and its societal, environmental, group and economic determinants. Includes research, analysis and strategy development in consumer motivations, values, wants, needs and behavior. (Requirement: Must be enrolled in University Alliance.) Prerequisites: BUS 5470. BUS 5657 ADVANCED MARKET RESEARCH (3 credits). Examines the consumer decision-making processes and behavior through the application of qualitative and quantitative research methods. Includes problem identification, secondary research, data gathering, analysis, interpretation and report writing. (Requirement: Must be enrolled in University Alliance.) Prerequisites: BUS 5470. BUS 5658 HEALTHCARE PLANNING AND MARKETING (3 credits). Discusses and applies the concepts of healthcare planning and marketing to healthcare delivery, assessment of community needs and resource planning in both ambulatory and clinical settings. Includes health services planning and trends, demand for and use of health services, research methods and sources of marketing and planning data. (Requirement: Must be enrolled in University Alliance.) BUS 5661 STRATEGIC PROJECT MANAGEMENT (3 credits). Covers the role of project management in a business or corporate environment. Teaches how to achieve project goals and objectives within set constraints such as time and budget. (Requirement: Must be enrolled in University Alliance.) Course Descriptions 229
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2011-2012 UNIVERSITY CATALOG
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RG-023-111
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TABLE OF CONTENTS INSTITUTION OVERV
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Florida Tech University Online is t
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central portion of the campus, the
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uild a base of experience for their
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A short-term summer program is also
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survey research and organizational
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Wind and Hurricane Impacts Research
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scholarship is in effect. Scholarsh
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Independent Colleges and Universiti
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Satisfactory Progress Standards for
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and ATM accounts so that they will
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ACADEMIC OVERVIEW GENERAL STUDENT I
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Florida Tech University Online Stud
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in an administrative, supervisory,
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1. Complete the online admission ap
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Languages French Language 4 LNG 110
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Four-Year Guarantee A four-year gua
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communication skills. Florida Tech
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Minors Florida Tech offers minor pr
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Extended Studies Division Applicati
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Master’s Degree Policies Classifi
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completed by all Ph.D. students sub
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Probation and Dismissal Master’s
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given for attainment of satisfactor
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Air Traffic Control Program The col
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Aviation Computer Science, B.S. ___
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AVF 4009 Helicopter Turbine Transit
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Thesis Core Requirements ..........
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Nathan M. Bisk College of Business
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Fast Track Master’s Programs for
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BACHELOR’S DEGREE PROGRAMS Accoun
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Core and Major Education ASC 1006 M
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HUM 2051 Civilization 1: Ancient Th
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Restricted and Free Electives Restr
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Senior Year FALL CREDITS BUS 4000 R
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Management Information Systems (18
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Logistics Management, M.S. ________
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Admission Requirements The applican
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Students with undergraduate credits
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ut also for students with undergrad
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MBA - Healthcare Management _______
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BUS 5421 Managerial Economics .....
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Degree Requirements The degree of M
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Quality Management, M.S. __________
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complete all or part of the program
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MGT 5014 Information Systems ......
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Recommended Courses to be Transferr
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courses. The introductory construct
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HUM 2052 Civilization 2 ...........
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DEPARTMENT OF CIVIL ENGINEERING Ash
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Construction Management CVE 5035 De
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Freshman Year FALL CREDITS ASC 1000
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Software Engineering, M.S. ________
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from the laboratory into widespread
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The educational objectives for elec
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engineering are listed below. Depen
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After admission to doctoral candida
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Graduate Certificate in Enterprise
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The student must demonstrate origin
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SPRING AVS 1201 Aviation Meteorolog
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one concentration to another during
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Degree Requirements The Master of S
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Ocean Engineering, M.S. ___________
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can be granted in place of the thre
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Ocean Engineering, Ph.D. __________
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Department of mechanical anD aerosp
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Humanities Elective ...............
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MAE 5160 Gas Dynamics MAE 5180 Turb
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semester based on the areas of inte
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College of Psychology and Liberal A
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Color Guard, weekend field exercise
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English Language Proficiency Englis
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Core Requirements ASC 1000 Universi
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COM 3425 Mass Communication .......
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SCHOOL OF PSYCHOLOGY Mary Beth Kenk
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Admission Requirements Prospective
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to pursue graduate study in crimina
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MTH 1001 Calculus 1 ...............
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Admission Requirements An applicant
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The industrial/organizational maste
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Applicants must submit a statement
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Year 4 FALL CREDITS PSY 6492 Advanc
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conceptualization are reviewed and
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College of Science Dean Hamid K. Ra
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UNDERGRADUATE DEGREE PROGRAMS Bioch
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SPRING BIO 2801 Biometry...........
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environment. The program prepares s
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Junior Year FALL CREDITS BIO 4010 B
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Page 189 and 190: Thesis Research A thesis based on r
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Page 225 and 226: BIOLOGICAL SCIENCES BIO 1010 BIOLOG
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Page 249 and 250: ECE 5431 COMPUTATIONAL ELECTROMAGNE
Page 251 and 252: EDS 5440 METHODS FOR CITIZENSHIP AN
Page 253 and 254: ENM 5900 ENGINEERING MANAGEMENT INT
Page 255 and 256: HUM 1053 STRING ENSEMBLE (1 credit)
Page 257 and 258: LNG 2302 INTERMEDIATE SPANISH 2 (3
Page 259 and 260: MAE 5130 VISCOUS FLOWS (3 credits).
Page 261 and 262: MANAGEMENT MGT 5000 FINANCIAL ACCOU
Page 263 and 264: MGT 5093 PRACTICUM OF QUALITY MANAG
Page 265 and 266: MSC 4003 INDEPENDENT STUDY IN MILIT
Page 267 and 268: MTH 5434 STOCHASTIC ANALYSIS OF FIN
Page 269 and 270: OCEANOGRAPHY OCN 1010 OCEANOGRAPHY
Page 271 and 272: ORP 5026 STOCHASTIC ANALYSIS OF FIN
Page 273 and 274: PHY 5070 SPECIAL TOPICS IN PHYSICS
Page 275 and 276: PSY 4466 BEHAVIOR TRAINING TECHNIQU
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Academic Affairs GORDON L. NELSON,
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ACADEMICS College of Aeronautics WI
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GERALD A. MARIN, Ph.D. Professor, C
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BROWN, A.B., Associate Professor, C
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FORD, R.A., Harris Professor of Com
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KHAN, L.S., Information Services Li
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NEWMAN, J.R., Professor, Computer S
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SLOTKIN, M.H., Associate Professor,
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WOOLBRIGHT, R., Adjunct Faculty, Ma
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REFERENCES ACADEMIC CALENDARS Main
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May 6 Last day to withdraw from a c
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AA AS BA BS MS MBA MAT MEd MSA EdS
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266 LZER HEALTH CENTER COUNSELING &
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Research Office ...................
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Communication, Technical and Profes
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Operations Research ............57,
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2011–2012 UNIVERSITY CATALOG - Florida Institute of Technology

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