UNDERGRADUATE CATALOG - UMUC Europe

The following entries describe the most frequently taught
courses offered on-site (face-to-face) by UMUC Europe.
Requirements pertain only to degrees conferred by UMUC.
To use these courses toward degrees offered by other
institutions, including others in the University System of
Maryland, students should refer to the catalogs of those
institutions for restrictions that may apply. In transferring to
UMUC — particularly from a community college — students
should be careful not to enroll in courses that duplicate their
previous studies.
The courses listed on the following pages are arranged
alphabetically by academic subject. The number of credits is
shown by an Arabic numeral in parentheses, e.g., (3), after the
title of the course.
ACCounting
Courses in accounting (designated ACCT) may be applied as
appropriate, for example, toward:
G a major in accounting, business administration, human
resource management, management studies, or marketing;
G a minor in accounting, business administration, human
resource management, management studies, or marketing;
G an Accounting Foundations Certificate; and
G electives.
ACCt 220 Principles of Accounting i (3)
An introduction to the basic theory and techniques of
contemporary financial accounting. Topics include the
accounting cycle and the preparation of financial statements
for single-owner business organizations that operate as service
companies or merchandisers. Students may receive credit for
only one of the following courses: ACCT 220 or BMGT 220.
ACCt 221 Principles of Accounting ii (3)
Prerequisite: ACCT 220. Continuation of the study of
financial accounting (emphasizing accounting for liabilities,
equity, and corporate forms of ownership), followed by
an introduction to managerial accounting. Topics include
responsibility accounting, budgets, cost control, and standard
costing procedures and variances. Emphasis is on management
reporting. Students may receive credit for only one of the
following courses: ACCT 221, ACCT 301, BMGT 221,
MGMT 301 or MGST 301.
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ACCt 301 Accounting for nonaccounting managers (3)
(May not be applied toward a major or minor in accounting.)
A survey of principles of accounting relevant in making
managerial decisions on the basis of accounting information.
Topics include internal controls, financial planning and
reporting, analysis of financial statements, and elements
of managerial cost accounting and budgeting. Students
may receive credit for only one of the following courses:
ACCT 221, ACCT 301, BMGT 221, MGMT 301, or
MGST 301.
ACCt 310 intermediate Accounting i (3)
(Students should be cautious about enrolling in ACCT 310
or ACCT 311 as these are professional courses requiring
intensive study and analysis. Students who have not taken
ACCT 221 within the last two years may have difficulty
mastering the material.) Prerequisites: BMGT 110 (or at
least two years of business or management experience) and
ACCT 221. A comprehensive analysis of financial accounting
topics involved in preparing financial statements and in
external reporting. Students may receive credit for only one of
the following courses: ACCT 310 or BMGT 310.
ACCt 311 intermediate Accounting ii (3)
(A continuation of ACCT 310. Students should be cautious
about enrolling in ACCT 310 or ACCT 311 as these are
professional courses requiring intensive study and analysis.
Students who have not taken ACCT 310 within the last two
years may have difficulty mastering the material.) Prerequisite:
ACCT 310. A comprehensive analysis of financial accounting
topics, including preparation of financial statements and
external reports. Students may receive credit for only one of
the following courses: ACCT 311 or BMGT 311.
ACCt 321 Cost Accounting (3)
Prerequisites: BMGT 110 (or at least two years of business
or management experience) and ACCT 221. A study of the
basic concepts of determining, setting, and analyzing costs
for purposes of managerial planning and control. Emphasis
is on the role of the accountant in the management of
organizations and in the analysis of cost behavior, standard
costing, budgeting, responsibility accounting, and costs that
are relevant for making decisions. Various techniques are
used to study cost and managerial accounting concepts; these
may include the use of problem sets, case studies, computer
applications, and other materials. Students may receive
credit for only one of the following courses: ACCT 321 or
BMGT 321.
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dEsCRiPTions