This course addresses accounting and financial concepts and how they apply to the real world, and presents a framework for financial decisions in organizations. More specifically, the course deals with the following issues:

  • Overview of accounting: Terminology and assumptions, basic accounting statements, accounting income versus cash flow, book value versus market value, reporting financial data, and the role of management accounting.
  • Fundamental concepts of financial management: The risk and return relationship, the time value of money, bond and stock valuation, the cost of capital, estimating cash flows, risk analysis, and a global perspective on finance-related issues.
  • Theories and their applications: Market efficiency, investments, capital structure, risk management, corporate restructuring, and corporate governance.

Organization and behavior is the study of how individuals and groups act within the confines of a larger system. It applies psychological principles to communications, organizational planning and personnel management. This course will teach students about leadership strategies, personality types and their effect on the workplace environment, global management, group decision making and what makes for an ethical business culture. In this course, students will learn the basics and framework of organization and behavior, employee motivations within a working environment based on work ethics, employee satisfaction and how group environments affect the way individuals make decisions at work. Topics of discussion will include job satisfaction, power and control, team leadership and organizational change.