Catalog - University of Maryland University College

COURSE DESCRIPTIONSENVM 650 Land and Water Resource Management (3)An introduction to the development of multiple-use resourcemanagement strategies and the role of public policy in landand water resource management. Topics include free markets,market failure, and distributional equity issues; the PublicTrust Doctrine; Native American Trust responsibilities; landuseregulations; and enforcement of land and water restrictions,ex post liability schemes, and public purchase of private landand water rights.ENVM 651 Watershed Planning Management (3)An introduction to the concepts of watershed managementand the development of watershed-related management planningdocuments. The physical characteristics of watersheds andtheir role in maintaining healthy environments and providing anatural resource to society are examined. Focus is on examiningmanagement techniques for the conservation and maintenanceof watersheds.ENVM 652 Principles of Air Quality Management (3)An overview of management techniques for addressing air qualityissues and managing air quality programs. Topics includeair pollution law; air pollutants and their sources; effects of airpollution on health and welfare; sampling and analysis of airpollutants; standards, regulations, and enforcement systems; andquality assurance principles.ENVM 653 Land Use Management (3)An introduction to the powers, process, and practice of managingthe patterns and land use implications of human settlementand the built environment. Topics include where to build, wherenot to build, how to build, and when to build. Discussion alsocovers the settlement history of the United States, as well as theconstitutional and legislative mandates for government, privatesectorparticipants, and institutions that shape land-use policy.Emphasis is on the role of local government. Land use andenvironmental community planning, as well as best practices inland use management, are examined.ENVM 670 Seminar in Environmental Management (3)Prerequisite: Completion of at least 27 credits of graduatecoursework. A capstone study of environmental managementthat integrates knowledge gained in previous study for thesolution of environmental management problems encounteredin industrial, commercial, institutional, and military organizations.Focus is on management guidelines, such as ISO 14001,that provide an organizational framework for developing anenvironmental management system that can be integrated withother management requirements to help organizations supportenvironmental protection in balance with socioeconomic goals.Case studies are used to illustrate applications of environmentalmanagement systems to various types of organizations. The capstoneproject requires assessment of the efficiency and effectivenessof an environmental management system at an organizationand the development of recommendations for improvement.FIN (Financial Management)FIN 610 Financial Management in Organizations (3)(Formerly ADMN 631. For students in an accounting orfinancial management specialization or program.) Prerequisite:MGMT 640. An investigation of financial management theoryand applications in organizations. Discounted cash flow andrate-of-return analysis are used to evaluate projects and financialinstruments. Discussion covers the role of the cost of capitaland the Capital Asset Pricing Model (CAPM) in capital investmentanalysis and selection. Capital budgeting, stock and bondvaluation, break-even analysis, capital market efficiency, realoptions, short-term financial management, and internationalfinance are introduced.FIN 615 Financial Analysis and Modeling (3)(Formerly ADMN 632.) Prerequisite: FIN 610. An explorationof how financial managers use financial modeling, analysis, andresearch to build forecasts and projections, evaluate financialalternatives, and support financial decision making in bothoperational and strategic contexts. Models are developed usingMicrosoft Excel; exercises and extended case studies are utilizedto interpret and employ results. Topics include financialstatements and ratio analysis, cash flow forecasting, operationsbudgeting, breakeven and leverage analysis, time value of moneyapplications, and capital budgeting and risk assessment.102G R A D U A T E C A T A L O G | 2 0 1 0 – 2 0 1 1