Prerequisite Course Descriptions
FOUNDATION (PREREQUISITE) COURSES FOR MBA, IMBA, AND MACC
An undergraduate business degree is not required for admission to the Masters of Business Administration or International Masters of Business Administration programs, but specific course material is required. The School of Business offers 500 level prerequisite courses each semester for students with prerequisite deficiencies. These courses are undergraduate courses and will not count towards the graduate GPA. Students who have already taken the prerequisites must demonstrate mastery of the material normally taught in the following prerequisite courses either by offering a transcript demonstrating that the course has been completed with a grade of “C” or better, or through a waiver by successfully passing an exam. All foundation courses have an ethics component included.
MBA, IMBA, and MAcc foundation (prerequisite) requirements for students with a non-accounting undergraduate degree:
BADM 501 FOUNDATIONS OF ACCOUNTING AND FINANCE 3 semester hours
An introduction to financial accounting, accounting transactions, the accounting cycle, financial statement preparation, partnerships, corporations, debt and equity financing, cash flow, working capital and financial statement analysis, profit planning, asset valuation, time value of money, and capital budgeting. Introduction to management accounting, including job order and process costing, budgeting, and variance analysis. This foundation is equivalent to the Principles of Accounting I, Principles of Accounting II and Financial Management undergraduate prerequisites.
Prerequisite: none. 3-0-3.
BADM 502 FOUNDATIONS OF MARKETING AND ECONOMICS 3 semester hours
Explores the economics implications, history and philosophy of the free enterprise system with special attention to national income theory; money, banking and the Federal Reserve system; Keynesian and Classical theories and the mechanics of the business cycle. Also includes study of microeconomic concepts and marketing economics, such as price theory, behavior of the firm, market structure, marketing processes, marketing systems, and income distribution. This foundation is equivalent to the Microeconomics, Macroeconomics, and Principles of Marketing undergraduate prerequisites.
Prerequisite: none. 3-0-3.
BADM 503 FOUNDATIONS OF MANAGEMENT SCIENCE AND STATISTICAL METHODS 3 semester hours
An introduction to linear programming and sensitivity analysis, decision theory, inventory control methods, queuing theory, and statistical methods. In addition, it provides an understanding of some of the tools that enable a manager to analyze information, including data analysis, probability distributions, statistical inference and hypothesis testing, and multivariate regression analysis. This foundation is equivalent to the Business Statistics and Management Science undergraduate prerequisites.
Prerequisite: Mathematics 105. 3-0-3.