Business Administration Courses
Lyon College

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Courses

ACC 210 PRINCIPLES OF ACCOUNTING I / 3 credits

A course designed for all students interested in understanding the financial accounting and reporting process. No previous background in accounting or business is required. The course focuses on developing an understanding of the accounting cycle and its role in converting data related to business events into financial knowledge, which is then used to inform decision-making by investors, creditors, and other external parties. 

ACC 211 PRINCIPLES OF ACCOUNTING II / 3 credits

The first component of this course builds on ACC 210, extending the external financial accounting model to consider the reporting of equity and debt financing decisions by corporations with emphasis on the corporate income statement and statement of cash flows. The second component of this course focuses on managerial accounting and explores the internal use of accounting information in the organizations’ decision-making process. Prerequisite: ACC 210.

ACC 300 ACCOUNTING SYSTEMS / 3 credits

Introduction to the design, implementation, and control of accounting information systems. Students will perform a series of hands-on projects to reinforce the conceptual and theoretical aspects of accounting systems. Prerequisite: ACC 211.

ACC 320 COST MANAGEMENT I / 3 credits 

Introduction to the basic concepts and tools associated with cost management information systems, including an in-depth examination of product costing, planning and control, and cost analysis within the context of the traditional, functional-based cost systems companies in both the manufacturing and service sectors use. Prerequisite: ACC 211.

ACC 325 COST MANAGEMENT II / 3 credits

Examination of the latest developments in course management systems Topics include activity-based costing, strategic cost management, process value analysis, kaizen costing, quality costing, productivity, environmental cost management, and the balanced scorecard. Students will also examine the role of cost information in management decision-making and the models used to facilitate this process. Prerequisite: ACC 320.

ACC 330 INTERMEDIATE ACCOUNTING / 3 credits 

Study of the accounting principles and practices as they apply to corporate external financial reporting. Prerequisite: ACC 211.

BUS 205 CALCULUS APPLICATIONS IN BUSINESS AND ECONOMICS / 3 credits 

Development of useful mathematical tools for analyzing a variety of complex problems in business and economics. Topics covered include systems of equations, applications of calculus, and business problems. Prerequisite: MTH 101. 

BUS 208 CAREER PROFESSIONALISM / 1 credit

Preparation of students for career success. Students will evaluate appropriate career direction, create relevant goals, identify transferable skills and experience, and effectively market themselves in resumes, cover letters, portfolios, networking environments, and employment interviews.

BUS 210 PRINCIPLES OF MANAGEMENT / 3 credits

Survey of effective management techniques for achieving organizational objectives in business, non-profit institutions, and government agencies with emphasis the four basic functions of management: planning, organizing, leading, and controlling. 

BUS 301 BUSINESS SIMULATION / 1 credit

An engaging, immersive exploration of core business processes. Students will learn by running a business that simulates the management decision processes in a competitive environment. The simulation provides solid exposure to the essential elements of business, such as the critical relationships among the key business areas of research and development, marketing, production, and finance. Students work in diverse teams to solve complex problems regarding the strategic positioning and tactical decision-making necessary to be successful in a competitive market. Prerequisites: ECO 101 and 102, ACC 210 and 211, and BUS 210 and 306.

BUS 303 BUSINESS LAW / 3 credits

Systematic analysis of the legal concepts applicable to business organizations, legal rights and remedies, secured transactions, commercial paper, property, and bankruptcy. Prerequisite: Junior or senior status or permission of instructor.

BUS 304 Corporate Governance Law / 3 credits

Comprehensive overview and advanced study of corporate governance law and regulation of publicly held companies, including the law of contracts, negotiable instruments, ethics, agency, business organizations, and current legal topics of interest. Prerequisite: BUS 303.

BUS 306 PRINCIPLES OF MARKETING / 3 credits

Survey of activities involved in the marketing of products to consumer and industrial markets. Topics include pricing, product development, promotion, distribution, and environmental forces that affect marketing. Prerequisite: ECO 101.

BUS 310 CONSUMER BEHAVIOR / 3 credits

Introduction to consumer behavior as it affects an organization’s marketing strategy and policy decisions. The course offers various perspectives on marketing activities with emphasis on basic psychological, social, cultural, and situational influences. Prerequisite: BUS 306.

BUS 315 ORGANIZATIONAL BEHAVIOR / 3 credits 

Introduction to the management of individuals and small groups in the work place. This course studies the basic theory of behavior within organizations, including topics such as the dynamics of small groups, informal structures within an organization, and the significance of the social environment. Prerequisite: BUS 210.

BUS 323 STATISTICAL APPLICATIONS TO BUSINESS DECISION MAKING / 3 credits 

Exploration of the background necessary to run a statistical project from data collection through to analysis and interpretation of results with emphasis on probability distributions, statistical inference, and regression analysis. Prerequisite: MTH 101.

BUS 325 PRODUCTION MANAGEMENT / 3 credits

Examination of techniques and procedures relating to the design of operations, including planning and control, quality control, inventory management, maintenance management, and product planning systems. Prerequisites: BUS 210 and 323.

BUS 375 HUMAN RESOURCE MANAGEMENT / 3 credits 

Study of the process of managing human resources to achieve organizational objectives. Students will build a foundation for the process of personnel selection, development, and maintenance, as well as consider the activities of unions and other employee organizations. 

BUS 382 SPECIAL TOPICS IN BUSINESS ADMINISTRATION / 3 credits

Study of selected topics in business administration. Prerequisites will vary.

BUS 399 BUSINESS ADMINISTRATION INTERNATIONAL STUDIES COURSE: Variable topics / 1 credit 

Study of varying topics in business administration. Includes a two-week Nichols trip. Prerequisites will vary.

BUS 402 MARKETING RESEARCH AND ANALYSIS / 3 credits 

Study of how management uses marketing information systems and marketing research as decision-making tools with emphasis on research design, questionnaire construction, sampling, data processing, quantitative analysis, and research applications. Prerequisite: BUS 306 and BUS 323.

BUS 410 ORGANIZATION THEORY / 3 credits

Holistic study of the organization, focusing on the major determinants of organizational effectiveness. Prerequisite: BUS 210.

BUS 415 ENTREPRENEURSHIP / 3 credits

Examination of the activities involved in the planning, establishment, and management of a small business. Prerequisite: Senior status in the business or economics major.

BUS 430 INTERNATIONAL BUSINESS / 3 credits

Overview of international business activities with emphasis on gaining an international perspective of cultural dynamics, business practices, political and legal environments, and global market strategies. Prerequisite: BUS 306.

BUS 445 FIELD STUDY IN SMALL BUSINESS MANAGEMENT / 1-3 credits 

Practical experience exposing students to real business situations. Students will serve as consultants to small business owners in the region and prepare a case report at the end of the semester containing their findings and recommendations. Prerequisite: BUS 440 or permission of instructor.

BUS 450 INTERNSHIP IN BUSINESS ADMINISTRATION / 3 credits

One of two capstone options required for completion of the business administration major. Students will gain field experience through direct, supervised work in a selected, approved company. The internship will involve a minimum of 140 contact hours over the course of a semester, and interns will provide periodic reports to the faculty supervisor. Prerequisite: Declared major in senior year with cumulative GPA minimum of 2.75. 

BUS 455 SENIOR THESIS / 3 credits

One of two capstone options required for completion of the business administration major. Students will conduct independent research on a selected subject in the area of business administration. Faculty members will guide students through the research process to accomplish agreed upon objectives, and students will submit a research paper and make an oral presentation at the end of the semester. Prerequisite: Declared major in senior year.

BUS 470 TOPICS IN BUSINESS ADMINISTRATION / 3 credits 

Concentrated study of selected topics, such as compensation, diversity, staffing, negotiation and conflict management, and organizational development. Prerequisites: BUS 210 and 306 and ECO 102.

BUS 480 BUSINESS STRATEGY / 3 credits

Examination of the problems involved in the formulation and execution of business policies and maintenance and development of an effective organization. Includes the use of case studies as a basis for discussion. Prerequisite: Declared major in final spring semester.