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Course Criteria
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3.00 Credits
This course builds on BU 205 Principles of Economics I, BU 210 Principles of Economics II, and BU 245 Decision Analysis. It equips students with techniques of expected utility maximization and game-theoretic analysis. Students study applications of these techniques to understanding such real-life market failures as externalities, moral hazard, and adverse selection. The course explains microeconomic foundations of New Economy and how they differ from microeconomic foundations of Old Economy. By learning basic differences between mechanisms of competition in New and Old Economies, students will be better prepared to meet challenges of their professional careers. Prerequisites: BU 210, BU 245, BU 290 and BU 400.
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3.00 Credits
This course equips students with a thorough understanding of the interplay between basic concepts of Economics and Finance. Step by step students learn how the theory of efficiently functioning competitive markets for goods and services (Economics) lay the ground for the theory of informationally efficient capital markets, how concepts of opportunity cost and risk aversion (Economics) lay the ground for the concept of risk premium in return on risky assets, and so on. The course explains how modern financial diversification of assets reduces the systematic risk. The course reviews Option Pricing, Debt and Deposit Contracts, and Venture (Entrepreneurial) Capital. Prerequisites: BU 337, BU 338, BU 431, BU 440, BU 452, or by permission of the instructor.
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3.00 Credits
This course examines the nature of entrepreneurship as a process, the entrepreneurial mindset and entrepreneurial environments. The nature of emergent businesses and how they get started is considered. Students evaluate the nature of rapidly growing companies, including planning requirements and strategies to grow a small business. Small business marketing and process management techniques are addressed. Students discuss and practice entrepreneurial skills. Students consider launching and operating a start-up business. Prerequisites: BU 212, BU 330 and CS 219.
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3.00 Credits
Focuses on organizational structure, employment policies and selecting, performance appraisal, training and development, motivation, morale, discipline and grievance handling, financial compensation, health and safety and ethics in personnel. Prerequisite: BU 330.
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3.00 Credits
Examines marketing strategies in light of uncontrollable environmental factors such as cultural, economic, competitive and governmental influences and how these interact with controllable variables such as product, distribution, pricing and promotion. Emphasis is given to the elements of a marketing plan and marketing decision making using the case method approach. For Marketing majors only. Prerequisites: BU 221, BU 337, BU 347, BU 360, BU 416 and BU 425.
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3.00 Credits
Provides for the integration of classroom study with a specific, planned period of supervised learning through paid work experience related to a student's career goals.
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3.00 Credits
Offers qualified students the opportunity to do offcampus field work by individual arrangement.
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3.00 Credits
Offers qualified students the opportunity to travel to international destinations. Locations will include a business enriching experience along with a supportive academic assignment.
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3.00 Credits
Offers qualified students the opportunity to pursue independent study in selected areas under the guidance of individual teachers. By permission.
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1.00 Credits
Applies algebraic/mathematical methods and concepts to the solutions of problems encountered in CH 111. Taken concurrently with CH 111. 1 hr. 1 non-degree credit.
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