1a. IntroSUS 2003 - University of Maryland University College

BMGT 339 Government and BusinessContracting (3)(Designed for both entrepreneurs evaluating contracting and grantopportunities for the first time and people working in medium tolarge firms.) An investigation of the opportunities available for newbusiness development and government and business contracting, aswell as the problems involved. Topics include various methods governmentsand businesses use in determining requirements, choosingthe procurement method, evaluating contractors and grant proposals,setting terms and conditions for contracts, awarding contracts,and administering contracts. Both theory and practice are examinedwith respect to procurement, purchasing procedures, types of contracts,cost and price analysis, and methods of writing proposals,obtaining helpful information, and establishing and maintaininginternal controls. Students may receive credit for only one of the followingcourses: BMGT 339, MGMT 220, or MGMT 339.BMGT 340 Business Finance (3)Prerequisites: ACCT 221 and BMGT 230. An overview of the principlesand practices of organizing, financing, and rehabilitating abusiness enterprise. Topics include the various types of securities andtheir usefulness in raising funds; methods of apportioning income,risk, and control; intercorporate relations; and new developments.Emphasis is on solving problems of financial policy that managersface. Students may receive credit for only one of the followingcourses: BMGT 340, BMGT 341, MGMT 398D, or TMGT 320.BMGT 341 Finance for the NonfinancialManager (3)(May be used as either a stand-alone survey course in finance or anintroduction to higher-level finance courses for those who wish topursue the subject further.) An introduction to the financial fundamentalsneeded by functional experts and upwardly mobilemanagers in human resources, marketing, production, and generalmanagement. Focus is on preparation for assuming higherlevelcorporate positions or undertaking entrepreneurial activitiesthat require a basic knowledge of finance. The world of financeand its argot and operations are presented in a simple, step-by-stepmanner. Topics include financial statements and forecasting, capitalbudgeting, project evaluation, working capital management, andinternational financial management. Emphasis is on practical applicationsmore than theory. Students may receive credit for only oneof the following courses: BMGT 340, BMGT 341, MGMT 398D,or TMGT 320.BMGT 342 Fundamentals of BuildingWealth (3)(For students majoring in both business and nonbusiness disciplines.)A practical overview of personal finance management andcreation of wealth that blends financial theory and applications. Thedevelopment of personal financial management skills (e.g., budgetingincome and expenditures, and planning for financial securityand retirement) is encouraged, while an understanding of elementsof the U.S. financial structure (including savings and investmentalternatives, financing and credit sources, the role of insurance inprotecting income and assets, and federal income tax issues) is provided.Students may receive credit for only one of the followingcourses: BMGT 342 or BMGT 388N.BMGT 343 Investments (3)Prerequisite: BMGT 340. An introduction to financial investments.Topics include securities and securities markets; the risks of investments,as well as returns and constraints on investments; portfoliopolicies; and institutional investment policies.BMGT 345 Property and LiabilityInsurance (3)Prerequisites: ACCT 221 and BMGT 230. Analysis of the majortypes of property and casualty insurance, including fire, indirect loss,crime, automobile, ocean and inland marine, and liability insurance.Substandard, residual, and reinsurance markets are investigated, andcurrent issues are discussed.BMGT 346 Risk Management (3)Prerequisites: ACCT 221 and BMGT 230. A study focusing on recognizingand evaluating the pure risks facing organizations. Guidesfor risk-management decisions concerning the retention, control,and transfer (including insurance) of risk are discussed.BMGT 347 Life Insurance (3)Prerequisite: ACCT 221. A study of the products and principles oflife insurance and health insurance in financial planning for businesses.Topics include pension planning strategies, such as deferredcompensationand profit-sharing plans; use of trusts in business andin planning individual estates; and comprehensive analysis of theeffects of income taxes, estate taxes, and gift taxes on life-insuranceprogramming and estate planning.127