Scroll down to read descriptions of the management courses offered at Carthage, or click on the following links for additional resources.
An analysis of accounting, the language of business. Introduction to basic accounting theory, concepts, and practices emphasizing income measurement; study of the accounting cycle; and preparation of basic financial statements.
This course focuses on the use of accounting as an analytic business tool within a business organization. This includes understanding cost behavior and using this knowledge to make important management decisions. It includes developing the costs of providing products and/or services to the organization’s customers and developing budgets or plans for the organization’s operations. Finally, it includes measuring performance against those plans for purposes of taking corrective action and rewarding performance. Emphasis will be placed on current innovations in managerial accounting resulting from changes in the global manufacturing environment. Analytical skills and written and oral communication skills will be emphasized, partly through the medium of case studies that model real-world situations.
Prerequisite: ACC 2010
Cost and Managerial Accounting
This course covers managerial accounting and cost management practices that can be strategically applied across a business to improve organizational performance. The course emphasizes the methods available to measure and evaluate costs for decision-making and performance evaluation purposes. Specific topics include variable and absorption costing; activity-based cost management; lean manufacturing and lean accounting; product life cycle costing and cost of ownership; inventory management; productivity measurement; the balanced scorecard.
Prerequisite: ACC 2020
Applied Statistics for Management and Economics
The application of statistics to problems in business and economics, encompassing the gathering, organization, analysis, and presentation of data. Topics include descriptive statistics in tabular and graphical forms, the common measures of central tendency and dispersion, sampling and probability distributions, construction of confidence intervals and hypothesis testing, and correlation analysis. This course is offered as BUS 2340 or ECN 2340. Students who earned less than 20 on the math component of the ACT (or equivalent on the SAT) are encouraged to take a math class to strengthen their preparation for this class.
Business Policies Senior Seminar
Business Policies Seminar is a capstone course for seniors majoring in marketing, management, accounting, and finance. It is designed to allow students to integrate their knowledge from other Business Department curriculum and apply those insights in seminar discussion of current business topics and readings. Additionally, under the supervision of the instructor, all students will complete a Senior Thesis/Project fulfilling both the seminar requirement and the general college requirement. Senior Thesis/Project choices are determined by each student, presented to the instructor for approval, and completed over the course of the scheduled term.
Prerequisites: Senior standing, BUS/ECN 2340 or MGT 3100, and MGT 3120
Principles of Microeconomics
The rise and expansion of market economies, and the principles of microeconomic behavior. Topics include an introduction to economic methodologies, the ideas and institutions of the microeconomy, consumer behavior, the business firm and market structure, labor and capital markets, and government policies affecting resource allocation and the distribution of income.
Principles of Macroeconomics
An introduction to the principles and issues of the national economy, and the institutions of macroeconomic behavior. Topics include the role of government in a mixed market economy; measuring and determining national income; money and the banking system; and the public policies available for achieving full employment, price stability, and continuing economic growth in modern industrial and democratic societies.
This course introduces students to the framework and methodology employed in financial decision-making with a focus on three areas. First is an introduction to the financial markets and both investment and financing instruments available to corporations, nonprofits, and individuals. Second is the analysis of financial statements and learning how that information is used to make decisions about the target capital structure for a firm and the dividend policy that would support that capital structure. In the third area, students will learn how to evaluate business projects (capital budgeting) using financial criteria and different financing choices (capital structure) for these projects.
Prerequisites: ACC 2010 and either BUS/ ECN 2340, MGT 3100, MTH 1050, or MTH 3050
Introduction to Business Analytics
A survey of the mathematical models of Management Science and Operations Research (such as linear programming, queuing theory, decision analysis, and simulation) applied to managerial decision-making.
Prerequisites: BUS/ECN 2340, SWK 2330, GEO 2900, MTH 1050, or MTH 3050 and sophomore standing or higher.
Principles of Management
This course prepares students for future leadership roles and positions in management. The course’s main focus is directed toward the behavioral aspects of work cultures and to the development of an effective philosophy and strategy for successful management performance in the 21st century. Topics include the changing workplace; the social, ethical, and legal issues in management; cross-cultural awareness; self-awareness; planning and decision-making; project management; motivation; and leading/ working in teams.
Prerequisite: Sophomore standing
A survey of major management systems and quantitative techniques used in manufacturing and service operations. Subject matter will address operations strategy, product/process design, quality management, inventory management (including MRP and JIT), project management, and other related topics.
Prerequisites: MGT 3120 and BUS/ECN 2340 or MTH 3050 or MGT 3100
Human Resource Management
An examination of significant behavioral research influencing human resource management. A general survey of personnel administration functions and management-labor relations.
Prerequisite: MGT 3120
Legal Environment of Business
This is an introductory, general survey course of American legal principles and their application to the business world. Students will develop an understanding of the legal system, the litigation process, and the ethical considerations attendant to making important business decisions. Areas of study will include contracts, torts, property, business organization, employment law, discrimination, crimes, the Constitution, and the regulatory process. Oral and written analysis of case law will be utilized to help students appreciate, understand, and explain multiple points of view regarding the legal environment of business.
Prerequisite: Sophomore standing
Business Law for Accountants
This course will provide students majoring in accounting with an overview of the legal concepts necessary to successfully complete the CPA exam. This course will focus on the Uniform Commercial Code, contracts, negotiable instruments, sales and secured transactions, agency relationships, business organization and formation, bankruptcy, professional liability, and accounting ethics. Students will be expected to analyze legal cases involving business law matters through both oral and written communication. At the end of the course, students will be able to demonstrate an understanding of the American legal system, an ability to recognize and address ethical issues attendant to making important business decisions, and an ability to analyze complex legal concepts associated with the accounting process. This course is not open for credit to students who have taken MGT 3600.
Prerequisite: ACC 2020 or ACC 2040
International Management (SI) (ITL)
A study of management in an international environment, its evolution, and its position in today’s society. Students also study the control and decision-making process for management of a worldwide organization, including the financial, marketing, human resource, political, and ethical implications of the worldwide organization in local markets and in the international community.
Prerequisite: Junior standing
International Legal Environment of Business (SI)(ITL)
A survey of various legal systems including common law, civil law, and Islamic law. Students will be introduced to a variety of concepts, including the sources of international law, the distinction between private and public law, and the concept of sovereign nations. The implications of sovereignty as they relate to international business activity are a central theme of the course. Original source materials, case studies, and legal opinions are used. Special schedule.
Prerequisite: Junior standing
Business Research Projects
Students will select a topic or problem in consultation with the course instructor and conduct research on that issue. These projects could be general current events in business or specific problems faced in local business.
Prerequisite: Permission of the instructor
Labor and Employment Law
Labor and Employment Law is the comprehensive study of labor relations law, including the development of American labor unions, as well as the National Labor Relations Act, unfair labor practices, and other rights and responsibilities of management and unions. Students will also study equal employment opportunity and related employment law issues including Title VII, EEO legislation, and common law employment issues. This course will be facilitated by the case study method. Significant writing and speaking will be expected of all students.
Prerequisite: MGT 3600
This course provides a general knowledge of marketing, emphasizing marketing mix elements (Product, Price, Promotion, and Placement) for both consumer and industrial products, marketing strategies, customer behavior, and promotion. Topics include situation analysis techniques; marketing segmentation; identification of target markets; product/brand positioning via the 4 Ps of marketing; development and presentation of a marketing plan for a local business; and the social, ethical, and legal issues in marketing.
Prerequisite: Sophomore standing