Business Courses Available

BAOL 131 Principles of Accounting I (3 semester hours): An introduction to the study of accounting, a financial information system. The course provides the concepts and techniques of collecting and presenting accurate data about an organization and the knowledge to understand and interpret that information.

BAOL 132 Principles of Accounting II (3 semester hours): The course completes the study of financial accounting with topics concerning corporations and the statement of cash flows. The main focus is to provide an introduction to the field of managerial accounting including costing systems, planning and control, and analytical decision support. Prerequisite: BAOL 131.

BUOL 135 Macroeconomics (3 semester hours): A study of aggregate sectors of the economy covering principles that determine total output, total employment and total price levels.

BUOL 136 Microeconomics (3 semester hours): A study of principles of allocation of resources, distribution of income and operation of the price system.

BUOL 300 Probability and Sampling (3 semester hours): The course is designed to provide students with fundamental knowledge of statistical theory and procedure. The course includes such topics as descriptive statistics, basic probability theory and parametric procedures including hypothesis tests, ANOVA and regression. Prerequisite: MATH 132.

BUOL 330 Legal Environment of Business (3 semester hours):  Law and the legal system; social forces that make the law; business response to the social and legal environment. Focus on government regulation and federal regulatory agencies which impact business decision-making.

BUOL 331 Principles of Management (3 semester hours): A general introduction to the principles and problems of business organization and management; careful consideration is given to the policies and problems of management with respect to coordination of production, finance, marketing, personnel and accounting in a going concern. Prerequisites: BAOL 132 and BUOL 136.

BUOL 332 Business Communications (3 semester hours): A study of business communications with emphasis on composing effective business letters, reports and presentations. Prerequisite ENG 132.

BUOL 333 Personal Finance (3 semester hours): An overview of personal and family financial planning with an emphasis on financial record keeping, consumer spending decisions, tax planning, consumer credit, insurance protection, selecting investments and retirement and estate planning.

BUOL 334 Principles of Marketing (3 semester hours): A comprehensive survey of the problems involved in the movement of goods and services from producers to consumers and some of the methods which have been used to solve these problems. Prerequisite: BUOL 136.

BUOL 335 Financial Management (3 semester hours): This course surveys current finance theory and practice, including such topics as financial statement analysis, cash budgeting and working capital management, valuation, and cost of capital and capital budgeting. Prerequisites: BAOL 132 and BUOL 136.

BUOL 336 Money, Banking & Credit (3 semester hours): A study of the nature and function of money; importance of credit; the relation of money and credit to prices; bank deposits and loans; and a study of banking systems. Prerequisite: BUOL 136.

BUOL 337 Investments (3 semester hours): A course in the principles of investments, including the demand and the supply of investment funds, flotation of new issues, types of stock and bonds, the stock exchanges, analysis of different types of securities and the government regulation of the securities market. Prerequisite: BUOL 136 or consent of the instructor. Credit, 3 hours.

BUOL 339 Human Resource Management (3 semester hours): A study of the importance of human resources to an organization and the interrelationships among the various human resource management functions.

BUOL 430 Advertising (3 semester hours): Concepts and practices of advertising and the role of advertising in the marketing mix. Relationship between media characteristics and various kinds of goods and services and their respective markets will be studied. Prerequisite: BUOL 334.

BUOL 431 Entrepreneurship (3 semester hours): Introduces students to the basic concepts and skills required to understand the nature of entrepreneurship, recognize opportunities and assemble the resources to start a new business.

BUOL 435 Consumer Behavior (3 semester hours): An extensive study of the psychological, social and situational influences involved in buying decisions. Students will engage in a balanced study of theory and application. Prerequisite: BUOL 334.

BUOL 436 International Business (3 semester hours): A study of the involvement of American firms in the international community with special emphasis on the impact of foreign competition on domestic markets, management of multinational enterprises and decision-making in the international environment.

BUOL 437 Business Law (3 semester hours): A survey of the principles of contacts, sales, negotiable instruments, principal and agent, principal and surety, insurance, bailment, partnerships, real property, personal property and corporations. Prerequisite: to be taken in the final year of the Bachelor of Science with a major in Professional Accounting and after completion of all courses required for the Accounting major.

BUOL 438 Business Policy and Strategy (3 semester hours): A capstone business course using knowledge compiled from the functional areas of business and integrated into strategic management emphasizing the process of problem solving, decision making and policy formulating. The ETS major field test for business is a course requirement comprising 10% of the final grade. Prerequisite: completion of the common core and senior standing.

UNIVERSITY of the CUMBERLANDS -- 6191 COLLEGE STATION DRIVE -- WILLIAMSBURG, KY 40769 -- (800)343-1609