EC 552. MACROECONOMICS FOR MANAGERS  3 cr.  Prerequisite: EC 521 or equivalent. Analysis of aggregate economic activity using classical, Keynesian, neo‑classical, and neo‑Keynesian models of income, employment, prices, and interest.  The role of fiscal and monetary policies. Money, its definition, its effect on prices, interest, employment, and income. Fiscal policy, taxation, expenditures, debt financing, and debt burden.

FN 551. FINANCIAL MANAGEMENT  3 cr.  Prerequisites: FN 521 or equivalent and AC 551, MN 553.  Study of the techniques of financial decision making within corporations. Lectures, case studies, problem solving, and readings focus on risk analysis, cost‑of‑capital concepts, money markets, capital markets, and selected topics which promote the understanding of modern financial management.

MK 551. MARKETING MANAGEMENT  3 cr.  Prerequisite: MK 521 or equivalent. Marketing problems of business. Emphasis on planning and control affecting both marketing and company‑wide operations, including such areas as sales forecasting, quota determination, and distribution cost analysis.  Marketing problems encountered in such phases as product and brand determination, distribution policies, promotion, and pricing.  Special attention to legal and social questions that arise in connection with marketing operations.

MN 550. LEADERSHIP AND MANAGERIAL SKILLS  3 cr.  Prerequisites: MN 531 or equivalent.  Comprehensive assessment of the student’s leadership and managerial skills, followed by classroom discussion of leadership and managerial skills, exercises, and an individual skills analysis review session.  Develops skills awareness and career management strategy.

MN 553. QUANTITATIVE METHODS  3 cr.  Prerequisite: EC 522 or equivalent. Process and analysis of decision making.  Emphasis on selected mathematical decision‑making techniques: linear programming, network analysis, queuing, simulation, and decision theory.  Discussion of uses of these techniques in areas such as production, distribution, finance, and marketing.

Block III Courses

AC 561. COMPARATIVE ACCOUNTING SYSTEMS  3 cr.  Prerequisite: AC 304 or AC 551.  Focus on cultural differences that determine particular patterns of accounting standards development in various countries. Additional emphasis on the use of accounting information to achieve effective global management of multinational enterprises.

AC 572. ACCOUNTING AND TAXES ISSUES FOR NOT-FOR-PROFITS 3 cr.  Study of selected accounting and tax issues for not-for-profit organizations.  Topics will include fundamentals of fund accounting, financial statements, organization and donor tax issues, and cash management.  May not be taken for credit by students with accounting undergraduate degree.

AC 575.  FRAUD EXAMINATION  3 cr.  Prerequisite: AC 304 or AC 551.  Emphasis on corporate fraud and methodology used to discover and prevent its occurrence.  Corporate fraud includes both fraudulent financial reporting and asset theft.  The methodology used to investigate fraud includes analytical procedures and interviewing techniques.  Case studies and projects provide practical application.

AC 582. TAX FOR MANAGEMENT DECISION MAKERS  3 cr.  Prerequisite: AC 321 or AC 551.  Emphasis on the relationship between financial and tax accounting concepts, and tax issues inherent in the decision-making process.  Topics include choice of entity, taxable income, property transactions, multi-jurisdictional taxation, and tax issues related to foreign assignment.

AC 583. CONTROLLERSHIP  3 cr.  Prerequisite: AC 312 or AC 551.  Emphasis on the financial control of an enterprise.  Topics include the role of the controller in performance evaluation, strategic planning and capital budgeting.  Other topics include issues related to capacity concepts, transfer pricing for multinational enterprises, and ethics for financial management.

AC 584. ACCOUNTING THEORY AND POLICY  3 cr.  Prerequisite: AC 304.  Accounting theory and policy decisions with respect to contemporary business programs and issues.