2016–2017 2016–2017

ENVM 649 Principles of Waste Management and Pollution
Control (3)
An introduction to various methods of waste management,
including waste collection, transportation, recycling, treatment,
and disposal and environmental monitoring. Focus is
on hazardous and municipal solid waste, pollution prevention
techniques, and waste minimization. An introduction to the
process of disposal-facility site selection, design, and operation
is also provided.
ENVM 650 Environmental and Natural Resources
Economics (3)
An introduction to microeconomic principles as they relate to
the efficient use of environmental resources and their impact
on local, national, and global environmental policies. Topics
include an overview of microeconomic principles and economic
efficiencies, market failures, externalities, property rights, pollution
damage and abatement costs, benefit and cost analysis,
valuation methods, environmental policy analysis, federal
control policies, and international issues.
ENVM 651 Watershed Planning Management (3)
An introduction to the concepts of watershed management and
the development of watershed-related management planning
documents. The physical characteristics of watersheds and
their role in maintaining healthy environments and providing a
natural resource to society are examined. Focus is on examining
management techniques for the conservation and maintenance
of watersheds.
ENVM 652 Principles of Air Quality Management (3)
An overview of management techniques for addressing air
quality issues and managing air quality programs. Topics include
air pollution law; air pollutants and their sources; effects of air
pollution on health and welfare; sampling and analysis of air pollutants;
standards, regulations, and enforcement systems; and
quality assurance principles.
ENVM 653 Land Use Management (3)
An introduction to the powers, process, and practice of managing
the patterns and land use implications of human settlement
and the built environment. Discussion covers where to build,
where not to build, how to build, and when to build. Topics also
include the settlement history of the United States, as well as
the constitutional and legislative mandates for government,
private-sector participants, and institutions that shape land use
policy. Emphasis is on the role of local government. Land use
and environmental community planning, as well as best practices
in land use management, are examined.
ENVM 670 Seminar in Environmental Management (3)
Prerequisite: Completion of 27 credits of program coursework.
A capstone study of environmental management that integrates
knowledge gained in previous study for the solution of
environmental management problems encountered in industrial,
commercial, institutional, and military organizations. Focus
is on management guidelines, such as ISO 14001, that provide
an organizational framework for developing an environmental
management system that can be integrated with other management
requirements to help organizations support environmental
protection in balance with socioeconomic goals. Case studies
are used to illustrate applications of environmental management
systems to various types of organizations. The capstone
project requires assessment of the efficiency and effectiveness
of an environmental management system at an organization
and the development of recommendations for improvement.
FIN (Financial Management)
FIN 610 Financial Management in Organizations (3)
(For students in an accounting or financial management specialization
or program.) Prerequisite: MGMT 640. An investigation
of financial management theory and applications in organizations.
Discounted cash flow and rate-of-return analysis are
used to evaluate projects and financial instruments. Discussion
covers the role of the cost of capital and the capital asset pricing
model (CAPM) in capital investment analysis and selection.
Capital budgeting, stock and bond valuation, break-even analysis,
capital market efficiency, real options, short-term financial
management, and international finance are introduced.
FIN 615 Financial Analysis and Modeling (3)
Prerequisite: FIN 610. An exploration of how financial managers
use financial modeling, analysis, and research to build forecasts
and projections, evaluate financial alternatives, and support
financial decision making in both operational and strategic
contexts. Models are developed using Microsoft Excel; exercises
and extended case studies are utilized to interpret and employ
results. Topics include financial statements and ratio analysis,
cash flow forecasting, operations budgeting, breakeven and
leverage analysis, time value of money applications, and capital
budgeting and risk assessment.
www.umuc.edu/graduateprograms 109