Career Skills Module: Financial Management

Part I

  • ORG 203: Fundamentals of Financial Accounting (3 credits): This course introduces students to the principles and concepts of financial accounting. Students will develop a basic understanding of business transactions and financial statements.


  • ORG 204: Fundamentals of Managerial Accounting (Prerequisite: ORG 203; 3 credits): This course focuses on the analyzing and generating of accounting information to be used in the planning and control processes. Students will work with budgets, standards, cost systems, and financial statement analysis for organizations.


  • MATH 130: Introductory Statistics I (Prerequisite: Three years of high school mathematics or satisfactory performance on the Mathematics Placement Test; 3 credits): This course introduces the basic ideas and techniques of statistics including: descriptions of sample data; simple probability; the binomial and normal distributions; estimation; hypothesis testing; correlation and regression; and the chi-squared distribution. Appropriate technology will be selected by the instructor.


Part II

(Prerequisite: Financial Management Career Skills Module I)


  • ECON 103: Principles of Microeconomics (3 credits): A course dealing with the analysis of supply and demand. Topics covered include the basic functioning of a free-enterprise economy; the evolution of markets and institutions; price behavior under both competitive and monopolistic conditions; demand and utility; equilibrium of the firm; marginal analysis and production theory; returns to the factors of production.


  • ECON 104: Principles of Macroeconomics (Prerequisite: ECON 103; 3 credits): Topics covered include analysis of the determination of national income through the investigation of consumption, investment, government expenditures and net exports; analysis of the determinants of inflation and unemployment; the role of government in the economy including fiscal and monetary policies, market failures and public goods.


  • BUS 320: Financial Management (Prerequisites: ORG 203, MATH 130, ECON 103 and ECON 104; 3 credits): An introduction to the major topics in corporate finance. The course examines the time value of money, capital budgeting, financial analysis and forecasting, stock valuation, bond valuation, and the financial markets.