Course Descriptions

ACCT 400 Financial & Managerial Acct 3.00


Topics covered include dividends (cash vs. stock dividends), stock splits, treasury stock and stock options, optimizing a company’s capital structure (equity vs. debts), accounting policies, changes in accounting estimates and error, decentralization: responsibility accounting and transfer pricing; measuring the performance of cost; revenue; profit and investment centers; inventory management: EOQ, JIT and TOC; advanced issues in operational and capital budgeting; preparing feasibility studies for small businesses; and performance measurement at Thomas J. Lipton. Measuring product line performance: ROI vs. residual income (economic profit).

ACCT 500 Financial and Managerial Accounting 3.00


This course provides an introduction to accounting, with emphasis on preparation of financial statements for external parties (financial accounting) and accumulation of cost information to aid internal planning and control (managerial accounting). Topics covered include measurement of assets and liabilities, revenues and expenses, the accounting cycle, financial statements, cost terminology, cost behavior, product costing, and relevant costs for decision making.

ACCT 502 Financial Reporting and Analysis 3.00

Prerequisite: ACCT 500(Financial and Managerial Accounting)

This course builds on the foundations covered in ACCT 500, emphasizing in-depth analysis of published financial statements. The course begins with discussion of the role of financial accounting information in capital markets and contracting, and continues with examination of a number of specific accounting issues. Students are encouraged to look behind the numbers to better understand the economics of the underlying transactions, and properly interpret what the reported numbers mean about a firm's future prospects.

ACCT 510 Accounting Systems for Management Planning and Control 3.00

Prerequisite: ACCT 500(Financial and Managerial Accounting)

A study of advanced managerial accounting techniques used in facilitating the planning and control process in modern business enterprises. Emphasis is on the implementation and administration of these techniques, their integration with management information systems and the organizational role of the corporate accountant.

ACCT 511 Accounting for Decision Makers 3.00

Prerequisite: ACCT 500(Financial and Managerial Accounting)

This course focuses on the use of accounting information for making operating, investment and strategic business decisions. Topics include interpretation and analysis of financial statements, use of accounting information by capital market participants, contribution margin analysis, tactical decision making, pricing and product decisions, budget analysis, and performance measurement.

ECON 400 Microeconomics and Macroeconomics 3.00


This course covers the basic material of both macroeconomics and microeconomics. In the microeconomic section; economic theories of the firm, efficient resource allocation and price determination; market supply and demand mechanisms in pure and imperfect market structures are analyzed. In the macroeconomic portion; economic factors determining aggregate economic performance; employment, output, income, price level, economic growth and fluctuations, monetary and fiscal governmental are discussed. Students will also be required to practice a computer-based application and present a short research paper on a relevant topic in connection with this course.

ECON 480 Statistics and Mathematics for Business 3.00


Analysis of research design and validity of quantitative methods applied to the study of Management Information Systems, including laboratory experiments, sample surveys, and field experiments.

ECON 503 Economics for Managers 3.00


The first portion of this course introduces microeconomic analysis of consumers, firms, and government. The concepts and tools of economic analysis are applied to the production and distribution functions of organizations. The last portion is devoted to the macroeconomic influence of capital markets, the influence of interest rates, inflation, and the business cycle.

ECON 580 Statistical Analysis for Management Desisions 3.00


The role of statistical evidence in the formation of inference and in the selection of strategies in solving business problems is developed. Probability and probability distributions are studied as a basis of statistical inference. An introduction to multivariate analysis is provided, which includes analysis of variance and regression methods.

ECON 590 Energy in Natural Resource Economics 3.00

Prerequisite: ECO 503

Focuses on energy resource valuation, economic incentives, and institutional arrangements that allow us to analyze energy's use as a natural resource and provide the means to develop effective decision tools useful for policy planning and decision making in the energy market place.

FIN 400 Finance 3.00


In this course, we will present and discuss financial statements, taxes, cash flow, the time value of money, discounted cash flow valuation, interest rates, bond valuation, equity markets, stock valuation, net present value, making capital investment decisions, risk and return, cost of capital, leverage, capital structure, dividends and dividend policy. Students will also be required to practice a computer-based application and present a short research paper on a relevant topic in connection with this course.

FIN 501 Financial Management 3.00


The course contains an introduction to the concepts of risk and return, sources and uses of funds and elements of Corporate Finance. There is also a brief introduction to financial markets, institutions and instrument, as well as project appraisal using the concepts of net present value and internal rate of return.

FIN 504 Corporate Finance 3.00

Prerequisite: FIN 501 - Financial Management

This course will deal with in-depth analysis of issues in corporate finance. Topics include financial asset pricing, risk and return, short-term and long-term investment decisions, the choice of capital structure, dividend policy, and mergers and acquisitions.

FIN 521 Risk Management 3.00

Prerequisite: FIN 501 - Financial Management

This course focuses on an analysis of the measurement and management of market, credit and operational risk. The subject involves the study of both financial and operational techniques of exposure to interest rate and foreign exchange risk as the two main types of financial risk. Basel II Accord on the measurement and management of credit and operational risk is also reviewed.

FIN 551 Islamic Financial System 3.00

Prerequisite: Financial Management

Exposure to Shariah Rules and Regulations governing financial activities : Islamic law of contracts, Islamic mode of financing , and issue related to Islamic money market, Islamic capital market, Islamic instruments, risk, uncertainty, gharar, interest / usury (riba) , gambling, etc.

FIN 580 International Finance 3.00

Prerequisite: FIN 501 - Financial Management

This course will focus on the study of the foreign exchange market and other international markets as a background to the analysis of international financial operations, including arbitrage, hedging, speculation, investment and financing. International parity conditions are examined critically as they relate to business decision making.

FIN 599 Implications of Current Financial Crisis 3.00


Implications of Current Financial Crisis

MGMT 500 Law, Ethics and Business 3.00


This course analyzes the relationship between law and business with an emphasis on the ability of the government to regulate business activity. The topics covered include the employer-employee relationship, consumer protection, anti-monopoly legislation, privatization, and security laws. Also covered are ethical issues confronting the management of a modern business enterprise.

MGMT 501 Management and Organizational Behaviour Theory and Practice 3.00


This is an advanced, yet comprehensive, course in management and organizational behavior theories. It highlights the significant contributions of these theories to our understanding of the process of operating modern organizations in a progressively dynamic and uncertain environment. The course consequently provides the student with the practical implications in the form of best practices in establishing managerial policy and determining the adequate courses of action. A particular emphasis is given to the increasingly changing organizational cultures and how management of change paradigms can successfully guide the organization towards improvement and transformation.

MGMT 502 Managerial Communication 3.00


This subject aims at developing the skills of business writing and speaking, technical and otherwise. Topics include communication with customers, government and other business enterprises. Overall, the objective is to enhance the writing and verbal communications skills required to succeed in a contemporary business environment. This includes writing technical reports and making presentations for internal and external parties.

MGMT 511 Quantitative Methods in Business 3.00

Prerequisite: ECO580

Statistical and mathematical tools are explained by using business applications. The techniques covered are simple optimization, break-even analysis, linear programming, estimation and hypothesis testing, and forecasting. The course also covers topics such as sampling and survey design.

MGMT 521 Productions and Management 3.00

Prerequisite: MGMT 501

This subject deals with the creation and delivery of goods and services. Topics include the design of production processes, the layout and location of production facilities, forecasting, scheduling, inventory control, queuing, material acquisition planning, and quality control. Analytical techniques are used to solve management problems.

MGMT 551 Human Resources Management 3.00

Prerequisite: MGMT 501 - Management and Organizational Behaviour Theory and Practice

In-depth examination of human resources issues from the perspective of contemporary management. Topics include employee selection, performance appraisal, training and development, compensation, legal issues, and labor relations.

MGMT 561 Enterpreneurship and Small Business Management 3.00

Prerequisite: MGMT 501 - Management and Organizational Behaviour Theory and Practice

This course deals with the application of the principles of business management to the problems of small and medium size businesses. Topics include the forms of business, development of business plans, venture capital, accounting procurement, financing, distribution and negotiations for initial organization, and operation and expansion of the firm.

MGMT 571 International Business Operations 3.00


This subject involves elements of international accounting, international management and international marketing as practiced by multinational corporations. The subject also covers foreign direct investment, international capital budgeting, international taxation, transfer pricing, and performance evaluation.

MGMT 581 Strategic Management 3.00


Graduate program capstone course examining concepts and methods which integrate functional areas of business. The perspective is that of general management charged with directing the total enterprise. Interactions between the environment, organization, strategy, policies and the implementation of plans are explored. Special emphasis is given to globalization of business and ethical perspectives. (This course should be taken the semester prior to graduation).

MGMT 595 Topics in Management 3.00

Prerequisite: MGMT 501

Topics in Management

MGMT 599 Doing Business in china 3.00


Doing Business in china

MIS 500 Management Information Systems 3.00


An overview of management information systems is presented; including IS managerial concepts and hands-on exposure to technology. Concepts include alignment of information systems strategy with organizational strategy, MIS components and organizational structures, issues in the design and implementation of systems, and understanding the role of information systems in organizations. Students are exposed to several technologies, including the information superhighway, application software packages, and a programming language.

MRKT 501 Marketing Management 3.00

Prerequisite: MRKT 505

This advance marketing course deals with analyzing the major marketing decisions facing the firm, such as the level, mix allocation, and strategy of marketing efforts. Specific decision areas examined are market determination, pricing physical distribution, product policy, promotion, and channel management. Also examined are competitive, political, legal and social factors that may affect decision making process.

MRKT 505 Contemporary Marketing Concepts 3.00


Designed for students with no prior course work in the field of marketing. A wide spectrum of marketing institutions and activities is covered. The impact of marketing on the total firm, the economy, and society in general is assessed. The course is intended to develop and organize the fundamental marketing concepts necessary to an analytical study of consumer behavior, the economic environment, and four managerial aspects of marketing. The acquisition and utilization of marketing research data for problem solving is stressed. Relation and integration of basic marketing knowledge to the successful development of sound marketing policy, planning, and strategy is developed.

MRKT 510 Electronic Commerce 3.00

Prerequisite: MRKT 505

An examination of the information technology that provides a basis for electronic commerce and its application in a variety of sectors and industries. Also included is coverage of the tools, skills and business concepts that surround the emergence of electronic commerce and the consequences of applying this technology to various commercial processes. Other topics are security, privacy, intellectual property rights, authentication, and legal liabilities.

MRKT 530 Consumer and Motivation Behavior 3.00

Prerequisite: MRKT 505

An analysis of the socio-psychological foundations of consumer behavior including personality differences, needs and wants, status symbols, social change and mobility, fads and fashions. Consumer spending and saving habits, product preferences, leisure-time patterns, shopping behavior and motivation research are also examined for their impact on advertising, selling and marketing management.