Minor
Business
Degrees
Courses
BA-100: Introduction to Business
Credits 2This course is designed for the student with little or no experience in business and its related fields. This course helps the student to build the necessary understanding of the myriad of business terms that exist today. Topics covered include management, marketing, capitalism, computers, accounting, finance, ethics, and international business.
BA-178: Entrepreneurship Lecture Series
Credits 1Seminar class sessions that will run consecutively with the 3 credit Practicum course. Each year the Lecture series date will change to reflect the year. This will give students the opportunity to receive credit for taking the course more than once (each year will be a different lineup of speakers). Will include speakers, outside activities and individual meeting with entrepreneur mentors. Students will be required to attend all presentations and have the option to work with students from the 378 course in the development of their business ideas. It will also be required that BA 178 students are actively involved in a professional student organization for the semester.
BA-189: Special Topic
Credits 1 3Special Topics courses include ad-hoc courses on various selected topics that are not part of the regular curriculum, however they may still fulfill certain curricular requirements. Special topics courses are offered at the discretion of each department and will be published as part of the semester course schedule - view available sections for more information. Questions about special topics classes can be directed to the instructor or department chair.
BA-203: Principles of Financial Accounting
Credits 3Principles of Financial Accounting explores the principles of recording, analyzing, and communicating information about the economic activities of organizations. Preparation of financial statements (i.e., income statement, retained earnings and stockholders' equity, balance sheet, and statement of cash flows) and interpretation of data for decision-making is explored. Sophomore Standing.
BA-204: Principles of Managerial Accounting
Credits 3This course introduces the principles of managerial accounting and the development of data for use in planning, control, and decision making. Managerial accounting topics include product costing, cost-volume-profit analysis, budgeting, variance analysis, capital budgeting, and decision analysis tools.
BA-218: Basics of Personal Finance
Credits 3Basics of Personal Finance is an elective personal finance class geared to those students who are not Financial Planning or Accounting and Strategic Finance majors and have little to no existing financial literacy. This course introduces the student to the basics of adult day-to-day financial issues with an emphasis on those that most adults should master and comprehe such as savings, credit, and investments, in order to function and thrive in their future financial lives.
BA-289: Special Topic
Credits 1 3Special Topics courses include ad-hoc courses on various selected topics that are not part of the regular curriculum, however they may still fulfill certain curricular requirements. Special topics courses are offered at the discretion of each department and will be published as part of the semester course schedule - view available sections for more information. Questions about special topics classes can be directed to the instructor or department chair.
BA-301: Business Law
Credits 3An introduction to the study of law designed to acquaint the student with the legal controls under which modern business is conducted. The course topics include law of contracts and agency, bailment, sales, negotiable instruments, partnerships, and corporations.
BA-303: Intermediate Financial Accounting I
Credits 3Course emphasis is on accounting theory and concepts, as well as analysis of the problems that arise in applying these underlying concepts Course Descriptions to financial accounting. Attention is focused on the use of accounting information as a basis for decision making by management, stockholders, creditors, and other users of financial statements and accounting reports.
BA-304: Intermediate Financial Accounting II
Credits 3Course emphasis is on accounting theory and concepts, as well as analysis of the problems that arise in applying these underlying concepts to financial accounting. Attention is focused on the use of accounting information as a basis for decision making by management, stockholders, creditors, and other users of financial statements and accounting reports.
BA-306: Marketing
Credits 3An introduction to marketing and management decision making in the pricing, promotion, and distribution of products. Consideration of the behavioral, legal, ethical, competitive, and economic environments as they affect decisions in domestic and international business organizations.
BA-307: Accounting& Finance for the Entrepreneur
Credits 1Accounting and Finance for the Entrepreneur/Small Business Owner. This course examines accounting and finance for the entrepreneur or small business owner. Topics include the basics of cash flow management, financial management, record keeping, banking services, credit reporting, risk management, insurance, income tax, and selling or planning for succession.
BA-308: Human Resource Management
Credits 3This course covers contemporary issues in human resource management. Topics include development of human resources, strategic human resource planning, job analysis, compensation issues, policies and procedures, laws and regulations, performance evaluation, personnel conflict resolution, and achievement of organizational goals.
BA-309: Operations Research
Credits 3This course provides an introduction to quantitative modeling methods used in business and economics. The course focuses on computer implementation of the models, the application of these models to practical decision-making scenarios, and sensitivity analysis of the model assumptions. Operations research tools including optimization, queuing, simulation, forecasting, and decision analysis are covered.
BA-312: Fed Taxation: Corporation & Partnership
Credits 1This course covers aspects of corporate and partnership taxation.
BA-313: Managerial Finance
Credits 3Managerial Finance is the first of a series of finance courses of the financial planning major and a general requirement for all majors within the business department at Carroll College. The course will teach principles of fundamental concepts of corporate finance, fixed income securities, stocks, projects and their valuation, corporate valuation, the cost of capital, and capital budgeting decisions.
BA-314: Foundations of Investment Planning
Credits 2Foundations of Investment Management is a required course for financial planning certificate students. This course replaces the Managerial Finance undergraduate course for those pursuing the Financial Planning Certificate. Students will learn and/or implement the fundamentals of investment planning in various topic areas including risk and reward, basic valuation calculations for equities and debt instruments, and examine the Financial Crisis of 2008- 2009.
BA-315: Cost Accounting
Credits 3This course considers how management teams use accounting information in decision making to fulfill the organization's goals in a sustainable manner. Topics covered consider the measurement, analysis, and reporting of financial and non-financial information useful for decision making and development of organizational strategies. Cost accounting for resources used in the organization, product costing, budgeting, and capital asset decisions are discussed.
BA-318: Foundations of Financial Planning
Credits 3Foundations of Financial Planning is a course designed to give students a first-hand look at the various components that make up an individual's personal financial situation from the perspective of a financial planner. Students will learn aspects of behavioral finance, personal financial statements with benchmark financial ratios, lending and debt restructuring, working with special circumstances, determining funding needs for various financial goals, the importance of meeting the ethical standards and duties of a fiduciary, and CFP Board Codes of Conduct and Standards of Care. This course is required in all Carroll College CFP Board Registered Programs.
BA-320: Market Research
Credits 3This course deals with the gathering of information and knowledge to help managers and marketers make better decisions. This course will introduce the student to the research process and various methods for collecting and analyzing data to solve marketing problems.
BA-322: Consumer Behavior
Credits 3This course focuses on the understanding of consumer behavior, how and why buyers make purchase decisions, how they think, feel, and act before, during and after the purchase. Discussion will deal with the influences that affect these behaviors and how the firm can make decisions about the 4Ps that will ultimately lead to the consumer's purchase.
BA-324: Marketing Communication & Promotion
Credits 3This course is developed around how to think about, critically evaluate and ultimately manage various forms of marketing communications based not only on their individual roles in the process of communication but also on their overall alignment with the company's integrated marketing communication program.
BA-326: New Product Development
Credits 3This course focuses on the sequence of events that take place starting with the original idea for a new product/service to actual commercialization. It emphasizes the understanding of the various "stages" of development that any new product must pass, and the various activities each functional area of the firm must contribute, in order to have a successful product launch.
BA-328: Personal Selling
Credits 3This course is a study of the skills needed to develop and manage long-term relationships with customers and suppliers. Emphasis is placed on relationship selling, presentation, prospecting, handling objections and closing techniques with consideration given to differences in the global marketplace. Personal Selling covers professional selling practices and philosophies, provides a basic introduction to the activities of sales management, training and recruitment, performance evaluation, compensation, budgeting as well as time and territory management.
BA-338: Intro to Nonprofit Organizations
Credits 3This course examines the role of the nonprofit sector in the United States and its relationship to governments and the business sector. Topics include the unique characteristics of nonprofit organizations such as donated revenue, volunteer boards of directors, multiple revenue sources, and a combination of volunteer and paid staffing. The course investigates governance and management responsibilities and functions. The course is open to students in all majors. Knowledge gained in the course will be useful for future vocations in nonprofit organizations, philanthropic activities, or service on nonprofit boards.
BA-351: Banking Management
Credits 3This course is designed to disseminate information to students interested in acquiring more knowledge in the areas of lending and banking operations including the roles, duties and responsibilities of bankers to their customers as well as their industry.
BA-360: Accounting & Finance Information Systems
Credits 3This course acquaints students with accounting and finance information systems. Topics include business processes, transaction processing, internal controls, data security, systems documentation, information technology, and software applications.
BA-365: Financial Analysis Using Excel
Credits 3This course assists students to become proficienct in making financial decisions and analyzing financial statements using software solutions. Students will create templates for a variety of financial problems and investment decisions. Students will also explore capabilities for a wide range of data presentation solutions.
BA-375: Fundamentals of Management
Credits 3An introduction to effective management practices, including planning, staffing, organizing, leading, and controlling organizational functions.
BA-377: Entrepreneurship
Credits 3Entrepreneurship will provide students with the opportunity to engage in an experiential learning exercise in which the student will develop a substantial business plan in order to implement the knowledge gained within the class to a meaningful application of the class material.
BA-378: Entrepreneurship Practicum
Credits 3Sed Vitae. Application and experiential learning opportunities, based upon business plan ideas that were developed in BA 377. Experiential learning that will enhance entrepreneurial leadership skills, strategic business planning, exploration of funding options and professional communication. Students will work with faculty members, SBA, MBAC, SCORE and an Entrepreneur in Residence to help master these skills. Practicum students will be required to enroll in the Cengage Small Business Management online curriculum, giving them access to resources and a framework for developing and implementing their business venture. There will be a limit of 10 students per semester. Only students pursuing the entrepreneurship certificate will be able to enroll.
BA-389: Special Topic
Credits 3Special Topics courses include ad-hoc courses on various selected topics that are not part of the regular curriculum, however they may still fulfill certain curricular requirements. Special topics courses are offered at the discretion of each department and will be published as part of the semester course schedule - view available sections for more information. Questions about special topics classes can be directed to the instructor or department chair.
BA-392: International Business
Credits 3This course is intended as the student's introductory course in international business. Topics included will be how managers deal with the international monetary system, as well as the various environments, organizations, and uncontrollable factors that make up the foreign environments. It will also deal with these factors' impact on the business and the functions of management.
BA-393: India: Socioeconomic Issues
Credits 3One in six individuals is Indian. The socioeconomic status of these individuals is framed by the country's rich traditions and developed through a combination of education, occupation, and income. Students exploring global diversity will examine India's delicate balance between tradition and modernization including globalization's impact on traditional gender roles, the family, and related socioeconomic issues. In this process, students will develop an appreciation of Indian culture and its influence over business relationships. Students exploring national diversity will consider socioeconomic issues experienced by Indians living in the United States along with possible biases faced due to religious or cultural heritage.
BA-395: Study Abroad
Credits 3 6This course entails traveling abroad to a designated country or countries. The class will help the student explore in order to understand business practices as well as the culture, religion, geography and social practices of the foreign country(ies); all necessary prerequisites in the understanding of international business. The length of the trip will determine credit.
BA-402: Project Management & Process Improvement
Credits 3Sed Vitae. All firms have processes, most of which can be improved or optimized. The ability of managers to identify costly variation in their processes and to reduce that variation using project management tools and methods is a key skill set a combined with leadership, can enhance the success of a firm. This course is designed to help students understand the theoretical and practical demands of project management and process improvement within an organization. Students will learn how to gain support and drive change using a well-defined tool-based methodology. Using simulations, case studies and real projects sponsored by internal and external clients, students will use the Six Sigma D-M-A-I-C (Define, Measure, Analyze, Improve, Control) methods and tools and classic project management methods to drive measurable changes in processes. Students will learn a valuable skill set and be awarded industry recognized Six Sigma Belt Certification upon successful course completion.
BA-405: Auditing
Credits 3This course is an introduction to the principles of auditing with a focus on financial statement audits for both public and non-public entities. The course presents conceptual consideration of the environment and philosophy of auditing and practical aspects of auditing techniques and procedures. Topics include professional standards and ethics, audit evidence, internal controls, audit procedures, and audit opinions.
BA-410: Strategic Management
Credits 3Capstone course for business majors. Students apply the lessons learned from courses in accounting, business, and economics to contemporary problems in business. Analysis includes tools and techniques learned in the business curricula. Investigation of issues is accomplished in a case approach context. Contemporary business readings are used. Final assessment test for majors in Business Administration will be given in this class.
BA-411: Investment Planning
Credits 1Investment Planning. A study of the basic concepts of investing. Topics covered include the stock and bond markets, commodities, options, money market funds, and mutual funds. An analysis of investment strategies and portfolio management as they apply to both the small and large investor. This course is part of the CFP Board Registered Programs curricula.
BA-412: Insurance Planning
Credits 2Insurance Planning is a course designed to give students a comprehensive knowledge base of insurance products and their role in a person's overall financial well-being during the various life cycles of their financial lives. This course is part of the CFP Board Registered Programs curricula.
BA-413: Organizational Behavior
Credits 3Allows student to gain insight and knowledge concerning the behavior of individuals and groups in organizational settings in order to predict likely future behavior and aid in the accomplishment of organizational goals.
BA-414: Retirement Planning & Employee Benefits
Credits 3Retirement Planning and Employee Benefits is a course designed to give students a working knowledge of the details and nuances of the vast array of retirement planning vehicles and strategies. Students will learn about qualified and non-qualified retirement plans, methods to determine retirement savings needs, rules and regulations regarding savings and withdrawal strategies, account options, plans available to highly compensated and key employees, and other employee benefit choices. Students will learn the eMoney fintech platform and earn the eMoney badge. This course is part of the CFP Board Registered Programs curricula.
BA-415: Federal Taxation
Credits 3An application of federal income tax law for individuals and small businesses. Covers common aspects of typical 1040 tax returns including income, deductions and losses, and property transactions. This course is part of the CFP Board Registered Programs curricula.
BA-420: Governmental & NFP Accounting
Credits 3This course covers terminology and transactions encountered in governmental and not for profit organizations. Preparation of financial statements according to GASB or FASB standards and decision-making from those statements are included in the course.
BA-421: Estate Planning
Credits 3This course explores complex tax issues with particular focus on federal income tax law related to trusts, estates, and gifts. Also, this course focuses on estate and gift planning. This course is part of the CFP Board Registered Programs curricula.
BA-425: Internship
Credits 1 9Sed Vitae. Internship Experiences recognize that learning can take place outside the classroom. Carroll College allows its students to participate in opportunities that relate to their area of study. This opportunity must relate directly a student's program of study in order to qualify for an internship. Close cooperation among Carroll and the participating organizations ensures an experience that contributes significantly to the student's overall growth and professional development. Juniors and seniors in any major area may participate with the approval of faculty internship advisor and/or department chair, Career Services, and a site supervisor. Students will receive academic credit and may or may not receive monetary compensation for an internship. A student may apply a maximum of 12 semester hours to degree requirements; academic departments will determine the number of credits that may count toward the major (most majors accept 6 hours total). Enrollment in the course must be during the same semester in which the experience takes place. Interested students should contact their academic advisor and Career Services prior to the start of an experience.
BA-451: Advanced Financial Analysis & Case Studies
Credits 3CAPSTONE COURSE FOR FINANCIAL PLANNING MAJOR. Advanced Financial Analysis and Financial Planning is the capstone course in the Financial Planning major and fulfills the writing intensive requirement for the major. All CFP Board principal knowledge topics will be addressed during this course. This course is part of the CFP Board Registered Programs curricula.
BA-485: Independent Study
Credits 1 3The Independent Study form is available in the Registrar's Office or MyCaroll Document Center. Independent study is open to junior and senior students only. At the time of application, a student must have earned a 3.0 cumulative grade point average. A student may register for no more than three (3) semester hours of independent study in any one term. In all cases, registration for independent study must be approved by the appropriate department chairperson and the Vice President for Academic Affairs.
BA-489: Special Topics
Credits 1Special Topics courses include ad-hoc courses on various selected topics that are not part of the regular curriculum, however they may still fulfill certain curricular requirements. Special topics courses are offered at the discretion of each department and will be published as part of the semester course schedule - view available sections for more information. Questions about special topics classes can be directed to the instructor or department chair.
BA-499: Senior Thesis
Credits 1 3The senior thesis is designed to encourage creative thinking and to stimulate individual research. A student may undertake a thesis in an area in which s/he has the necessary background. Ordinarily a thesis topic is chosen in the student's major or minor. It is also possible to choose an interdisciplinary topic. Interested students should decide upon a thesis topic as early as possible in the junior year so that adequate attention may be given to the project. In order to be eligible to apply to write a thesis, a student must have achieved a cumulative grade point average of at least 3.25 based upon all courses attempted at Carroll College. The thesis committee consists of a director and two readers. The thesis director is a full-time Carroll College faculty member from the student's major discipline or approved by the department chair of the student's major. At least one reader must be from outside the student's major. The thesis director and the appropriate department chair must approve all readers. The thesis committee should assist and mentor the student during the entire project. For any projects involving human participants, each student and his or her director must follow the guidelines published by the Institutional Review Board (IRB). Students must submit a copy of their IRB approval letter with their thesis application. As part of the IRB approval process, each student and his or her director must also complete training by the National Cancer Institute Protection of Human Participants. The thesis is typically to be completed for three (3) credits in the discipline that best matches the content of the thesis. Departments with a designated thesis research/writing course may award credits differently with approval of the Curriculum Committee. If the thesis credits exceed the full-time tuition credit limit for students, the charge for additional credits will be waived. Applications and further information are available in the Registrar's Office.
BA-ACOMP: Accounting Comprehensive Exam
Credits 0The Business Department, in addition to Carroll's regional accreditation, has a specialized business accreditation through IACBE. As a requirement of this accreditation, students graduating with a major in Business, Accounting or Finance are required to take a comprehensive exam at the end of their curriculum. Grading is automatically P/F only.
BA-BCOMP: Business Comprehensive Exam
Credits 0The Business Department, in addition to Carroll's regional accreditation, has a specialized business accreditation through IACBE. As a requirement of this accreditation, students graduating with a major in Business, Accounting or Finance are required to take a comprehensive exam at the end of their curriculum. Grading is automatically P/F only.