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Course Criteria
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3.00 Credits
This course is designed to acquaint the enterprising individual with the education and tools necessary to operate and manage a small business. The course material will include such topics as management functions with emphasis on the control function. Methodologies in such areas as finance, marketing and management will be discussed and will constitute the parameters of the course.
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3.00 Credits
This course will concentrate on the issues that confront international businesses. Using a business perspective, issues such as the reasons for trade, managing international businesses, controlling international businesses, organizational design and operations management are investigated.
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3.00 Credits
This course introduces the fundamental principles of risk and financial management. Content focuses on insurance, consumer and trade credit, budgeting, banking, investing, loans, and other financial considerations facing owners of small business.
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3.00 Credits
This course helps to enhance a student's analytical skills, while reinforcing basic principles of arithmetic. In doing so, the student will develop a solid foundation and apply their knowledge to problem solving techniques in disciplines most common to the business environment. Areas of study include review of decimals, equations, percentages, discounts and pricing, simple and compound interest, inventory, depreciation, installment buying and business statistics.
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3.00 Credits
This course will enable the student to develop strategies for improving their own personal finances. Practical solutions to questions of budgeting, insurance, banking, investing, loans, and other finances are considered.
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3.00 Credits
Prerequisite: ACCT 104 - Managerial Accounting. This course introduces the fundamental principles of finance, leading to a sound understanding of the practice and role of financial management in contemporary business. It focuses on the concepts of financial planning and control, with emphasis on the application of financial tools and analytical techniques such as ratio analysis, funds flow management and capital budgeting processes.
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3.00 Credits
Prerequisite: ACCT 101 - Financial Accounting. International Finance surveys the relationship between the international business environment and international financial markets. 148 RVCC 2008-2009 Catalog ? For updated information, visit www.raritanval.edu Topics that will be discussed include international financial markets, capital markets, futures and options markets and global banking issues.
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3.00 Credits
Prerequisite: BUSI 192 - Introduction to Financial Management. This course emphasizes the principles and tools for analysis and decision making in working capital management. Topics covered include: liquidity management, cash management, forecasting and planning, and short-term investment and financing. Students completing this course with a grade of A or B are eligible to take the Certified Treasury Professional (CTP) or Certified Treasury Professional Associate (CTPA) exam after the semester ends.
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3.00 Credits
Prerequisite: ACCT 104 - Managerial Accounting. This course is designed to introduce students to various planning strategies and financial institutions. Students will examine the workings of different financial institutions and markets. The course will focus on the management of financial portfolios in a changing financial environment and the evaluation of different investment opportunities.
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3.00 Credits
This course covers the practical aspects of the import- export activity of an international/multinational business. It includes documentation necessary for the successful management of an import-export business; the importers and exporters role in international trade; export regulations and licensing; export and customs brokers; payment methods and procedures for banking letters of credit; commercial, transportation and government documentation such as invoices, bills of lading, dock receipts, certificate of origin and consular invoices.
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