University of Maryland
Graduate Catalog Spring 2000
Office of Research and Graduate Studies
 



 

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BMGT -- Business and Management

BMGT 402 Database Systems (3) Prerequisite: BMGT 305 or equivalent. Introduction to basic concepts of database management systems. Relational databases, query languages and design will be covered. File-processing techniques are examined.

BMGT 403 Systems Analysis and Design (3) Prerequisite: BMGT 305 or equivalent. Techniques and tools applicable to the analysis and design of computer-based information systems. System life cycle, requirements analysis, logical design of data bases, performance evaluation. Emphasis on case studies. Project required that involves the design, analysis and implementation of an information system.

BMGT 404 Seminar in Decision Support Systems (3) Prerequisite: BMGT 305 or equivalent. Design of computer systems to solve business problems and to support decision making. Human and organizational factors are considered. Emphasis on case studies.

BMGT 405 Business Telecommunications (3) Prerequisite: BMGT 305 or equivalent. Concepts of business data communications and data processing. Application of these ideas in computer networks, including basic principles of telecommunications technology, computer network technology, data management in distributed database systems and management of the technical and functional components of telecommunications technology.

BMGT 407 Info Systems Projects (3) Prerequisite: 12 hours of information systems. For decision and information sciences majors only. Senior standing. Senior capstone course for the decision and information sciences major. Collected knowledge from the DIS courses and application to significant problems of size and complexity. State-of-the-art research ideas and current business and industrial practices in information systems.

BMGT 410 Fund Accounting (3) Prerequisite: BMGT 310. An introduction to the fund-based theory and practice of accounting as applied to governmental entities and not-for-profit associations.

BMGT 411 Ethics and Professionalism in Accounting (3) Prerequisite: BMGT 311. For accounting majors only. Senior standing. Analysis and discussion of issues relating to ethics and professionalism in accounting.

BMGT 417 Advanced Tax Accounting (3) Prerequisites: BMGT 311; and BMGT 323. Federal taxation of corporations, partnerships, fiduciaries, and gratuitous transfers. Tools and techniques of tax research for compliance and planning.

BMGT 420 Undergraduate Accounting Seminar (3) Prerequisite: senior standing as an accounting major or permission of department. Enrollment limited to upper one-third of senior class. Seminar coverage of outstanding current non-text literature, current problems and case studies in accounting.

BMGT 422 Auditing Theory and Practice (3) Prerequisite: BMGT 311. A study of the independent accountant's attest function, generally accepted auditing standards, compliance and substantive tests, and report forms and opinions.

BMGT 424 Advanced Accounting (3) Prerequisite: BMGT 311. Advanced accounting theory applied to specialized topics and current problems. Emphasis on consolidated statements and partnership accounting.

BMGT 426 Advanced Cost Accounting (3) Prerequisite: BMGT 321. Advanced cost accounting with emphasis on managerial aspects of internal record-keeping and control systems.

BMGT 427 Advanced Auditing Theory and Practice (3) Prerequisite: BMGT 422. An examination and in-depth study of special auditing topics such as statistical sampling, professional ethics, EDP auditing, legal liability, and SEC accounting.

BMGT 430 Linear Statistical Models in Business (3) Prerequisite: BMGT 230 or BMGT 231 or permission of department. Model building involving an intensive study of the general linear stochastic model and the applications of this model to business problems. The model is derived in matrix form and this form is used to analyze both the regression and ANOVA formulations of the general linear model.

BMGT 431 Design of Statistical Experiments in Business (3) Prerequisite: BMGT 230 or BMGT 231. Surveys ANOVA models, basic and advanced experimental design concepts. Non-parametric tests and correlations are emphasized. Applications of these techniques to business problems in primarily the marketing and behavioral sciences are stressed.

BMGT 434 Introduction to Optimization Theory (3) Prerequisite: MATH 220; or permission of department. Primarily for students majoring in management science and statistics. Linear programming, postoptimality analysis, network algorithms, dynamic programming, nonlinear programming and single variable minimization.

BMGT 435 Introduction to Applied Probability Models (3) Prerequisite: BMGT 231 or permission of department. Statistical models in management. Review of probability theory, Monte Carlo methods, discrete event simulation, Markov chains, queueing analysis, other topics depending upon time. Guass, a higher-level computer language, will be introduced in the class and the students will carry out various exercises using this language.

BMGT 440 Financial Management (3) Prerequisite: BMGT 340. Analysis and discussion of cases and readings relating to financial decisions of the firm. The application of finance concepts to the solution of financial problems is emphasized.

BMGT 443 Security Analysis and Valuation (3) Prerequisite: BMGT 343. Study and application of the concepts, methods, models, and empirical findings to the analysis, valuation, and selection of securities, especially common stock.

BMGT 444 Futures Contracts and Options (3) Prerequisite: BMGT 343. The institutional features and economic rationale underlying markets in futures and options. Hedging, speculation, structure of futures prices, interest rate futures, efficiency in futures markets, and stock and commodity options.

BMGT 445 Commercial Bank Management (3) Prerequisites: BMGT 340; and ECON 430. Analysis and discussion of cases and readings in commercial bank management. The loan function is emphasized; also the management of liquidity reserves, investments for income, and source of funds. Bank objectives, functions, policies, organization, structure, services, and regulation are considered.

BMGT 446 International Finance (3) Prerequisite: BMGT 340. Financial management from the perspective of the multinational corporation. Topics covered include the organization and functions of foreign exchange and international capital markets, international capital budgeting, financing foreign trade and designing a global financing strategy. Emphasis of the course is on how to manage exchange and political risks while maximixing benefits from global opportunity sets faced by the firm.

BMGT 447 Internship and Research in Finance (3) Prerequisites: BMGT 340 and BMGT 343 (or 400 level finance elective); and core requirements in business and management; and permission of department. Recommended: finance major courses. For finance majors only. Supervised, sponsored internship in a corporation or financial institution. Analysis of approved research topic in corporate finance, investments or financial institutions/markets.

BMGT 451 Consumer Analysis (3) Prerequisite: BMGT 350. Recommended: PSYC 100; and PSYC 221. Not open to students who have completed CNEC 437. Credit will be granted for only one of the following: BMGT 451 or CNEC 437. Identifying buyer behavior concepts relevant to a specific marketing problem so that appropriate marketing decisions can be made. Conceptual frameworks are drawn from psychology, sociology, economics, and other social sciences to aid in understanding the behavior of ultimate and industrial buyers.

BMGT 452 Marketing Research Methods (3) Prerequisites: BMGT 230; and BMGT 451. Formerly BMGT 450. Focuses on aiding marketing decision making through exploratory, descriptive, and casual research. Develops student skills in evaluating and writing market research proposals, interpreting and analyzing subsequent reports, and appraising their usefulness to managers; designing studies including selection of data collection method, development of data collection instrument, sample design, collection and analysis of data, and reporting the results.

BMGT 453 Industrial Marketing (3) Prerequisites: BMGT 350 plus one other marketing course. The industrial and business sector of the marketing system is considered rather than the household or ultimate consumer sector. Industrial products range from raw materials and supplies to the major equipment in a plant, business office, or institution. Topics include product planning and introduction, market analysis and forecasting, channels, pricing, field sales force management, advertising, marketing cost analysis, and government relations. Particular attention is given to industrial, business and institutional buying policies and practice and to the analysis of buyer behavior.

BMGT 454 International Marketing (3) Prerequisites: BMGT 350 plus one other marketing course. Marketing functions from the international executive's viewpoint, including coverage of international marketing policies relating to product adaptation, data collection and analysis, channels of distribution, pricing, communications, and cost analysis. Consideration is given to the cultural, legal, financial, and organizational aspects of international marketing.

BMGT 455 Sales Management (3) Prerequisite: BMGT 350. The roles of the sales executive as a planner, manager of resources and marketing functions, and recruiter, trainer, motivator, and leader of field sales personnel. Techniques and sequence of problem analysis for selling and sales management decisions and to the practical framework in which these decisions take place. Teaching vehicles feature strong classroom interactions, cases, journal articles, research findings, guest sales managers, debates, and modern company practices.

BMGT 456 Advertising (3) Prerequisite: BMGT 350. Develops skills in constructing effective advertising. Examines how to formulate an advertising message, which creative tactics to use in communicating that message and which media uses to ensure that the target receives the message. In addition, the role of advertising agencies, measuring advertising effectiveness, and regulatory and ethical issues in advertising will be discussed.

BMGT 457 Marketing Policies and Strategies (3) Prerequisite: BMGT 451. Corequisite: BMGT 452. This capstone course ties together concepts from all the various marketing courses using the fundamentals of strategic market planning as the framework. Application of these principles is accomplished by analyzing and discussing cases and by playing a marketing strategy computer simulation game. Analysis of current business articles to understand the link between theory and real-world problem solving.

BMGT 460 Human Resource Management: Analysis and Problems (3) Prerequisite: BMGT 360. Recommended: BMGT 230. Research findings, special readings, case analysis, simulation, and field investigations are used to develop a better understanding of personnel problems, alternative solutions and their practical ramifications.

BMGT 461 Entrepreneurship (3) Process of creating new ventures, including evaluating the entrepreneurial team, the opportunity and the financing requirements. Skills, concepts, mental attitudes and knowledge relevant for starting a new business.

BMGT 462 Employment Law for Business (3) Restricted to BMGT majors with 72 hours completed. Legal framework of industrial relations with special emphasis on employment discrimination, i.e., wrongful termination, sex discrimination, sexual harassment, age discrimination, disability, etc.

BMGT 464 Organizational Behavior (3) Prerequisite: BMGT 364. An examination of research and theory concerning the forces which contribute to the behavior of organizational members. Topics covered include: work group behavior, supervisory behavior, intergroup relations, employee goals and attitudes, communication problems, organizational change, and organizational goals and design.

BMGT 467 Undergraduate Seminar in Human Resource Management (3) Prerequisite: permission of department. This course is open only to the top one-third of undergraduate majors in human resource management and is offered during the fall semester of each year. Guest lecturers make periodic presentations.

BMGT 470 Advanced Transportation Management (3) Prerequisites: BMGT 370; and BMGT 372. The study of the wide range of issues facing managers in each of the transportation modes. This includes decisions on market entry, pricing, competitive responses, service levels, marketing strategies, capital structure, and growth objectives. Specific management decisions and overall strategies pursued by management in each of the modes are compared and contrasted. The decisions of transportation managers in other countries are presented for international comparisons.

BMGT 472 Advanced Logistics Operations (3) Prerequisite: BMGT 372. Analysis of the operational aspects of logistics management, including purchasing policies, transportation planning, and inventory control. Attention is directed toward total logistics cost minimization and the establishment of a sustainable competitive advantage based on logistical activities.

BMGT 473 Advanced Transportation Policies (3) Prerequisite: BMGT 370. An analysis of the impact of government policies on carrier management in the various transportation modes. Specific attention is given to the impact of various deregulation measures on carriers and shippers; determination of appropriate funding levels for infrastructure improvements and suitable cost allocation schemes; determination of appropriate truck sizes and weights on interstate highways; and determination of effective policies for transportation safety and labor. The transportation policies and problems of other countries are presented for international comparisons.

BMGT 474 Urban Transportation Systems (3) Prerequisite: ECON 200; or ECON 205. An analysis of the role of urban transportation in present and future urban development including current and prospective levels of funding for urban transportation systems, capital and operating subsidies, allocation of funds between highways and transit congestion and pollution in urban area, and the allocation of highway costs across a variety of users including commercial motor truck as well as auto travel. Assessment of ability of new technologies, such as intelligent highways, to assist in achieving efficiency goals.

BMGT 475 Advanced Logistics Strategy (3) Prerequisites: BMGT 370; and BMGT 372. Analysis of the strategic aspects of logistics management including policies, procedures and measurement as applied to all dimensions of logistics customer service. Attention is directed toward profit maximization through the establishment of appropriate customer service levels.

BMGT 476 Applied Computer Models in Logistics and Transportation Management (3) Prerequisites: BMGT 301 and BMGT 370 and BMGT 372. Introduction to the expanding base of computer software in the logistics and transportation fields. Applications include: inventory control, location decisions, and vehicle routing.

BMGT 477 International Logistics and Transportation Management (3) Prerequisites: BMGT 370; and BMGT 372. The study of the importance of total logistics costs for U.S. industries attempting to compete in a global economy. Coverage of the structure, service, pricing, and competitive relationships among U.S. international carriers and transport intermediaries, e.g. the flows of international freight (exports and imports) throughout the U.S. and the role of ports and critical gateways. Foreign trade practices and their impact on the logistics costs of U.S. importers and exporters.

BMGT 480 Legal Environment of Business (3) Junior standing. Principal ideas in law stressing those relevant for the modern business executive with focus on legal reasoning as it has evolved in this country. Leading antitrust cases illustrating the reasoning process as well as the interplay of business, philosophy, and the various conceptions of the nature of law which give direction to the process. Examination of contemporary legal problems and proposed solutions, especially those most likely to affect the business community.

BMGT 481 Public Utilities (3) Prerequisite: ECON 200; or ECON 205. Using the regulated industries as specific examples, attention is focused on broad and general problems in such diverse fields as constitutional law, administrative law, public administration, government control of business, advanced economic theory, accounting, valuation and depreciation, taxation, finance, engineering, and management.

BMGT 482 Business and Government (3) Prerequisite: ECON 200; or ECON 205. Focus is on the complex interrelationships between business and government. Explores areas in which business and government are allies (cooperative research and financing program) and adversaries (regulation). Emphasizes a strategic management approach by business to government involvement in economic affairs.

BMGT 485 Advanced Production Management (3) Prerequisite: BMGT 385. A study of typical problems encountered by the factory manager. The objective is to develop the ability to analyze and solve problems in management control of production and in the formulation of production policies. Among the topics covered are plant location, production planning and control, methods analysis, and time study.

BMGT 486 Total Quality Management (3) Prerequisite: BMGT 230 or equivalent. Total Quality Management and the synergy required between functions to obtain the customer's quality demands. Statistical tools which are mandatory in any successful quality effort.

BMGT 490 The Total Quality Practicum (3) Prerequisite: BMGT 390 or ENES 390. Also offered as ENES 490. Capstone course for the four course total quality program. Based on a major project undertaken by student teams in an industry environment emphasizing integrative aspects of total quality, each project will be supervised by a joint faculty/industry team with differing areas of expertise. Requires extensive out-of-class work.

BMGT 493 Honors Study (3) Prerequisite: permission of department. First semester of the senior year. The course is designed for honors students who have elected to conduct intensive study (independent or group). The student will work under the direct guidance of a faculty advisor and the Assistant Dean of Undergraduate Studies. They shall determine that the area of study is of a scope and intensity deserving of a candidate's attention. Formal written and/or oral reports on the study may be required by the faculty advisor.

BMGT 494 Honors Study (3) Prerequisite: BMGT 493, and continued candidacy for honors in Business and Management; and permission of department. Second semester of the senior year. The student shall continue and complete the research initiated in BMGT 493, additional reports may be required at the discretion of the faculty advisor and Assistant Dean of Undergraduate Studies.

BMGT 495 Business Policies (3) Prerequisites: BMGT 340; and BMGT 350; and BMGT 364. A case study course where students apply what they have learned of general management principles and their specialized functional applications to the overall management function in the enterprise.

BMGT 496 Business Ethics and Society (3) Prerequisite: one course in BMGT; or permission of department. A study of the standards of business conduct, moral, values, and the role of business in society, with consideration of the sometimes conflicting interests of and claims on the firm and its objectives. Emphasizes a strategic approach by business to the management of its external environment.

BMGT 498 Special Topics in Business and Management (3) Prerequisite: permission of department. Repeatable to 6 credits if content differs. Special topics in business and management designed to meet the changing needs and interests of students and faculty.

BMGT 501 Business Functions (4) Intensive review of marketing and finance functions in the business enterprise. Credit not applicable to graduate degrees.

BMGT 505 Organizational Behavior and Strategic Management (3) Intensive review of organizational behavior theory, and administrative processes and policy in the business enterprise. Credit not applicable to graduate degrees.

BMGT 601 Leadership Development and Managing Diversity (0) For BMGT majors only. Helps students develop basic leadership skills through role-playing exercises and group cases. Examines challenges of managing diverse work groups.

BMGT 602 Total Quality Management (0) For BMGT majors only. Total Quality Management (TQM) both as an integrative-transformative framework for business operations and as a strategic move to gain competitive advantage. Through site visits, special exercises and a case, student teams participate in interactive learning and cross-functional thinking.

BMGT 603 Washington Experience (0) For BMGT majors only. A series of presentations and workshops covering the national policy- making process; legislative process and role of Congressional committees; key administrative agencies dealing with business issues (EPA, SEC, etc.); external influence groups; and international issues and organizations.

BMGT 604 International Business Simulation (0) For BMGT majors only. Computer-based interactive game that requires students to deal with several types of uncertainties in an international business environment. Students work in teams, competing against teams.

BMGT 605 Career Development and Team Building (0) For BMGT majors only. Exercises and lectures designed to develop teamwork skills, and impart to students basic career development training.

BMGT 606 MBA Case Competition (0) For BMGT majors only. Allows students to practice and apply multi-functional organizational skills involving the development and presentation of strategic plans to panels of judges. Student teams are assigned a complex business policy case for which they prepare and present a strategic plan.

BMGT 607 Business Ethics (0) For BMGT majors only. Uses experiential learning techniques to consider various aspects of business ethics. The emphasis is on recognition of ethical issues, dealing with uncertainty and unstructured situations, and the development of the skills to analyze ethical issues.

BMGT 608 ELM: Special Topics (0) For BMGT majors only. Selected advanced topics in the various fields of graduate study in business and management.

BMGT 610 Financial Reporting and Cost Accounting (3) For BMGT majors only. Overview of financial accounting, periodic financial statements and the financial reporting process. Introduction to cost accounting concepts that play a role in preparation of financial statements. Importance of financial statements as information source for creditors and investors and as a means by which managers can communicate information about their firms.

BMGT 611 Managerial Accounting (1.50) Prerequisite: BMGT 610. Use of accounting data in corporate planning and control. Cost-volume- profit analysis, budgeting, pricing decisions and cost data, transfer pricing, activity-based management, performance measures, and standard costing.

BMGT 615 Business Communications (1.50) For BMGT majors only. Instruction and practical experience in written and oral business communications. Basics of structuring business documents and oral presentations. Fosters practice-based (rather than lecture-or case- discussion-based) learning.

BMGT 620 Strategic Information Systems (1.50) For BMGT majors only. Use of information technology to achieve competitive advantage, efficient operations, and effective decision making. Analysis of functions of information technology and its impact on competitive strategy and organizational operations.

BMGT 630 Managerial Statistics I (3) For BMGT majors only or permission of department. Provides training in statistical reasoning and techniques in a business context. Topics include probability models, sampling, data presentation, estimation, hypothesis testing, multiple regression, analysis of designed data, and tools for data-based decision making in total quality management.

BMGT 631 Operations Research and Management (3) Prerequisite: BMGT 630. Application of operations research and operations management concepts to solution of business problems. Emphasis on integrated approach to management decision making.

BMGT 632 Decision Modeling and Analysis (1.50) Prerequisite: BMGT 630. For BMGT majors only. Not open to students who have completed BMGT 631. Provides an understanding of the role that quantitative methods have in the making of business decisions. Topics include problem formulation and modeling, linear and integer programming and their application to business and industry, network models and related applications, and project and machine scheduling. PC-based software is used to solve and analyze problems.

BMGT 640 Financial Management (3) Prerequisites: BMGT 610; and BMGT 630. For BMGT majors only or permission of department. Analysis of major corporate financial decisions using a market-oriented framework. Introduction to value techniques, capital budgeting principles and problems, asset valuation, operation and efficiency of financial markets, financing decisions, dividend policy and international finance. Additional topics, such as mergers and acquisitions may be covered.

BMGT 650 Marketing Management (3) For BMGT majors only or permission of department. Analysis of marketing problems and evaluation of specific marketing efforts regarding the organization's products and services, pricing activities, channel selection, and promotion strategies in both domestic and international markets.

BMGT 660 Management and Organizational Behavior (3) For BMGT majors only or permission of department. The influence of the behavioral sciences on the theory and practice of management. Motivation, leadership, and international styles of management.

BMGT 661 Human Resource Management (3) The human resource function in organizations. Human resource planning, procurement and selection, training and development, performance appraisal, wage and salary administration, and equal employment opportunity.

BMGT 662 Organizational Behavior and Human Resources (1.50) For BMGT majors only. Not open to students who have completed BMGT 660. Key management issues from organizational behavior perspective. Organizational structure and design, work motivation and morale, problem solving and decision making, group dynamics and conflict resolution, organizational change, and cross-cultural differences in culture and values. Total quality management is stressed.

BMGT 663 Introduction to the Management of Human Resources (1.50) Prerequisite: BMGT 662. For BMGT majors only. Not open to students who have completed BMGT 661. Systematic approaches to human resources management in the context of organizational strategy, as constrained by legal and economic factors. Strategically aligned recruitment and screening systems, training and development, performance management, career management and reward systems.

BMGT 681 Managerial Economics and Public Policy (3) For BMGT majors only. Not open to students who have completed BMGT 671 and BMGT 680. Basic microeconomic principles used by firms, including supply and demand, elasticities, costs, productivity, pricing, market structure and competitive implications of alternative market structures. Market failures and government intervention. Public policy processes affecting business operations.

BMGT 682 Business Law for Managers (3) Prerequisite: permission of department. Survey of United States legal institutions and processes as well as substantive areas of the law that affect business. Examination of tort and contract law, the legal forms of business organization and legal liability and major regulatory laws that affect business.

BMGT 683 The Global Economic Environment (3) For BMGT majors only. Not open to students who have completed BMGT 670. Relationship between national and international economic environments. Determinants of output, interest rates, prices and exchange rates. Analysis of effect of economic policies (fiscal, monetary, trade, tax) on the firm and the economy.

BMGT 690 Strategic Management (3) For BMGT majors only or permission of department. Integrative strategic management focusing on strategy formulation and implementation in domestic and global settings. Industry and competitor analysis, industry and firm value chain, leadership, goal setting, organizational structure and culture. Case study approach to top management and organizational problems.

BMGT 698 MBA Field Project (3-6) For BMGT majors only. Repeatable to 6 credits if content differs. Not open to students who have completed BMGT 791. Formerly BMGT 791. Experiental research project in the identification of management problems, the evaluation of alternative solutions, and the recommendation for management.

BMGT 702 Applied Security Analysis and Portfolio Management (3) Prerequisite: BMGT 640. Applications of finance concepts to definitions of investment objectives, security analysis, portfolio analysis and management, and investment performance evaluation. Cases and studies of actual securities. Emphasis on fundamental analysis and recommendations of securities.

BMGT 706 Accounting Theory (3) Prerequisites: BMGT 310, and BMGT 311, and BMGT 424. Examines GAAP, its weaknesses and strengths, and the role that the FASB and SEC play in its development. Includes the FASB standard setting process and issues that relate to this process: FASB conceptual framework; lobbying activity; and impending FASB standards. Other topics include: how management incentives and firm type influence accounting choice; recognize versus disclose as a strategy; and current debates in accounting. While the user of accounting information is examined, this course focuses more on management and how it reports and discloses accounting information.

BMGT 707 Advanced Financial Reporting (3) Prerequisites: BMGT 310, and BMGT 311, and BMGT 424. Uses authoritative professional pronuncements to examine advanced financial reporting issues. Examines complex problems in accounting and reporting; examples include penisons, taxes, interest rate swaps, derivative securities, international transactions, and international financial reporting. Takes a user-oriented perspective, and examines the ways in which financial accounting information is used by investors, analysts, and creditors. Examples include if users adjust for alternative accounting methods or for information that is recognized versus disclosed.

BMGT 710 Advanced Accounting Theory (3) Prerequisite: BMGT 610. Contemporary issues in financial accounting. The nature of income, the relationship between asset valuation and income determination, and various approaches to accounting for inflation. The accounting standards setting process. The measurement and valuation of assets (e.g., foreign investments) and liabilities (e.g., leases and pensions).

BMGT 711 Advanced Managerial Accounting (3) Prerequisites: permission of department; and completion of all first year MBA courses before registering for this course. Study of advanced topics such as residual income, transfer pricing, information inductance, break-even analysis under uncertainty, statistical significance of standard cost variance, cost analysis and pricing decisions, distribution cost accounting, accounting data and managerial incentive contracts, and decision support systems for capital budgeting.

BMGT 712 Accounting in Regulated Industries (3) Prerequisite: BMGT 611. Study of the unique accounting problems of industrial regulation by governmental agencies.

BMGT 713 The Impact of Taxation on Business Decisions (3) Prerequisite: BMGT 611. The impact of tax law and regulations on alternative strategies with particular emphasis on the large, multidivisional firm. Problems of acquisitions, mergers, spinoffs, and other divestitures from the viewpoint of profit planning, cash flow, and tax deferment.

BMGT 714 Ethical and Professional Issues in Accounting (3) Prerequisites: BMGT 301 and BMGT 311 and BMGT 422. Not open to students who have completed BMGT 411. Credit will be granted for only one of the following: BMGT 714 or BMGT 411. Examines the issues of professionalism and ethics in all segments of accounting. Students wishing to take this course should not take BMGT 411.

BMGT 715 International Accounting: A Managerial Perspective (3) Prerequisite: BMGT 611. Focuses on using accounting data for managerial planning and control on a global basis. The generic topics covered in the course include: foundations of a global accounting system; survey of international accounting standards and measures; and the impact of globalization on the use of managerial accounting data. Guest speakers will participate in the course.

BMGT 716 Advanced Accounting Systems (3) Prerequisite: BMGT 326. A study of current information technologies and their interaction with accounting systems and the accounting profession. Topics include: systems analysis and design; databases; electronic commerce and data security; communications and image processing; and expert systems and decision support systems.

BMGT 717 Research and Internship in Accounting (3) Prerequisite: admission to the Master of Science program. Completion of a research paper on an approved accounting topic. Supervised sponsored internship in an entity outside the University.

BMGT 720 Information Technology and Corporate Transformation (3) Prerequisite: BMGT 620. The impact and the enabling role of information technologies (IT) in transforming business and work group and individual processes. Topics include: gaining competitive advantage through IT applications; identifying high pay-off IT applications, and leading the process of IT-induced change process.

BMGT 721 File Processing and Database Systems (3) For BMGT majors only or permission of department. Concepts and techniques for structuring data on secondary storage devices. Experience in the use of these techniques. The basic data structures necessary for these techniques. Typical file processing applications.

BMGT 724 Economics of Information Systems (3) Prerequisite: BMGT 620; or BMGT 721. Methods for the economic construction and operation of computer systems. Techniques for sizing and costing system components and for optimizing system design. Methods for efficient utilization of computer resources with particular consideration of relevant economic topics such as transfer pricing, joint costs, peak load pricing problems and public goods problems.

BMGT 725 Information Systems Analysis and Design (3) Prerequisite: BMGT 620; or BMGT 721. Introduction to practical techniques for information systems and design. Design requirements for information processing systems. Models and tools for requirement analysis. Case studies for actual systems and applications.

BMGT 726 Distributed Data Processing (3) Prerequisite: BMGT 620; or BMGT 721. Introduction to distributed data processing concepts. The building blocks of distributed systems: computers, terminals, and communications; the interface and protocols that allow them to function as an integrated system. Major categories of distributed systems; resource-sharingnetworks, multiple-processor networks, and tightly coupled multiprocessors.

BMGT 727 Security and Control of Information Systems (3) Prerequisite: BMGT 620; or BMGT 721. The information control risks faced by corporations. Techniques for enhancing the security and integrity of corporate information resources. The auditing and control procedures for corporate information systems. Actual case studies.

BMGT 730 Manufacturing Strategies and Operations (3) Formulation and implementation of manufacturing strategy, an integral part of the firm's overall competitive strategy. Linkages between operations and other functional areas, and the details of the structure and organization of operations. Examines ways companies can develop and use manufacturing capabilities as a competitive weapon.

BMGT 731 Theory of Survey Design (3) Prerequisite: BMGT 630. The usefulness of statistical principles in survey design. The nature of statistical estimation, the differential attributes of different estimators, the merits and weaknesses of available sampling methods and designs, the distinctive aspects of simple random samples, stratified random samples, and cluster samples, ratio estimates and the problems posed by biases and non-sampling errors.

BMGT 732 Total Quality Management (3) Prerequisite: 12 or more graduate BMGT credits including BMGT 630 or equivalent, or permission of instructor. Presents the concepts and techniques used in organizational decision making leading to continuous improvement of all processes at all levels to achieve and maintain a total quality culture, including increased satisfaction for internal and external customers.

BMGT 733 Managerial Statistics II (3) Prerequisite: BMGT 630 or equivalent. Covers simple and multiple regression, including polynomial regression, residual analysis, multicollinearity, autocorrelation, model selection techniques, analysis of variance and experimental design.

BMGT 734 Models for Operations Management (3) Prerequisites: BMGT 630 and BMGT 631. Selected models for operations management. Topics covered include simple forecasting methods, workforce planning, inventory control, scheduling, performance evaluation, and quality control.

BMGT 735 Application of Management Science (3) Prerequisite: BMGT 631. Selected topics and case studies in the application of management science to decision making in various functional fields.

BMGT 736 Philosophy and Practice of Management Science (3) Prerequisites: BMGT 630; and BMGT 632. Critical examination of the philosophy underlining the techniques and methodology of management science from a systems analysis point of view.

BMGT 737 Management Simulation (3) Prerequisite: BMGT 631. Methodology of systems simulation, Monte Carlo simulation, and discrete simulation. Verification and validation of simulation models with computer applications.

BMGT 740 New Venture Financing (3) Prerequisite: BMGT 640 or permission of department. Development of skills for financing new ventures (both small and potentially large). Exploration of various funding sources. Criteria used in evaluation and decision process, including commercial banks, venture capital companies, small business investment companies, underwriters, private placement-financial consultants, mortgage bankers, and small business innovative research grants (U.S. Government). Topics will include: methods of financing, techniques for valuing new businesses, financial structure, and evaluation methods used by investors and lenders.

BMGT 741 Advanced Financial Management (3) Prerequisite: BMGT 640. Advanced theories and concepts underlying financial decision making in the firm. Case studies, model building and applications in financial theory and management.

BMGT 742 Financial Valuation and Strategy (3) Prerequisite: BMGT 640. Integration and extension of financial theory and principles to analyze financial, asset and ownership restructuring decisions. A valuation framework is used to study strategic decisions such as mergers and acquisitions, share repurchases, exchange offers, leveraged recapitalization, joint ventures, employee stock option plans, divestitures and spin-offs.

BMGT 743 Investment Management (3) Prerequisite: BMGT 640. Methods of security selection and portfolio management in the debt and equity markets. Investment alternatives, securities markets, bond and common stock valuation, options, portfolio theory, and behavior of stock prices.

BMGT 744 Futures Contracts and Options Management (3) Prerequisites: BMGT 640. The institutional features and economic rationale underlying markets in futures and options. Hedging, speculation, structure of futures prices, interest rate futures, efficiency in futures markets, and stock and commodity options. Current journal literature.

BMGT 745 Financial Institutions Management (3) Prerequisite: BMGT 640. The role of financial management in financial institutions. The economic role and regulation of financial institutions, analysis of risks and returns on financial assets and liabilities, and the structure of assets, liabilities and capital.

BMGT 746 International Financial Management (3) Prerequisite: BMGT 640. The role of financial management in the multinational firm. The financing and managing of foreign investments, assets, currencies, imports and exports. National and international financial institutions and markets.

BMGT 751 Marketing Communications Management (3) Prerequisite: BMGT 650. The role of advertising, promotion, public relations and related efforts in the accomplishment of a firm's total marketing objectives. The development of competence in the formulation of mass communications, objectives in budget optimization, media appraisal, theme selection, program implementation and management, and results measurement.

BMGT 752 Marketing Research Methods (3) Prerequisites: BMGT 630; and BMGT 650. The process of acquiring, classifying and interpreting primary and secondary marketing data needed for intelligent, profitable marketing decisions. Evaluation of the appropriateness of alternative methodologies such as the inductive, deductive, survey, observational, and experimental. Recent developments in the systematic recording and use of internal and external data needed for marketing decisions.

BMGT 753 International Marketing (3) Prerequisite: BMGT 650. Environmental, organizational, and financial aspects of international marketing as well as problems of marketing research, pricing, channels of distribution, product policy, and communications which face U.S. firms trading with foreign firms or which face foreign firms in their operations.

BMGT 754 Buyer Behavior Analysis (3) Prerequisite: BMGT 650. A systematic examination and evaluation of the literature, research tradition and theory of buyer behavior in the market place from a fundamental and applied perspective. The cognitive and behavioral bases underlying the buying process of individuals and institutions.

BMGT 756 Business-to-Business Marketing (3) Prerequisite: BMGT 650. Problems and processes in marketing to organizational customers rather than final consumers. Basic marketing strategies and behavioral models adjusted to accommodate the unique requirements of marketing to business and governmental customers.

BMGT 757 Marketing Strategy (3) A capstone marketing course. Marketing strategies designed to manage products in selected market segments. Topics covered include competitor analysis, buyer analysis, market segments, and product strengths and weaknesses; product related issues are identified and marketing strategies developed, assessed and implemented.

BMGT 760 Compensation and Performance Appraisal (3) Development and implementation of compensation and performance appraisal systems. Particular emphasis is given to designing systems that support organizational strategies.

BMGT 761 Problems and Applications in Human Resource Management (3) Prerequisite: BMGT 661. Applications in the design, implementation, and evaluation of human resource management programs. Experiential learning activities and simulations.

BMGT 763 Administration of Labor Relations (3) Analysis of labor relations at the plant level with emphasis on the negotiation and administration of labor contracts. Union policy and influence on personnel management activities.

BMGT 764 Executive Power and Negotiation (3) Negotiations knowledge and skills through a series of readings (the use of power during bargaining exchanges, principles of effective listening, and bargaining strategies and tactics) and through the opportunity to practice negotiating.

BMGT 765 Organizational Behavior: A Multicultural Perspective (3) Prerequisite: BMGT 660. Study of organizational behavior from a multicultural perspective.

BMGT 766 Management Planning and Control Systems (3) Prerequisite: BMGT 660. Analysis of planning and control systems as they relate to the fulfillment of organizational objectives. Identification of organizational objectives, responsibility centers, information needs, and information networks. Case studies of integrated planning and control systems.

BMGT 767 Implementing Strategy: Organizing to Compete (3) Prerequisite: completion of the MBA core requirements or permission of department. Recommended: BMGT 690. Organizational dynamics of competitive advantage. Impact of alternative organizational structures, planning and control systems, human resource management practices, and executive leadership styles on the implementation of archetypically different strategies.

BMGT 770 Transportation Management (3) Prerequisite: BMGT 672. A study of the fundamental differences among the various transportation modes in terms of their basic cost structures, market competition, and service characteristics. The wide range of issues facing managers in each of the transportation modes including decisions on market entry, pricing, competitive responses, service levels, capital structure, and growth objectives in a deregulated environment. The decisions of transportation managers in other countries are presented for international comparisons.

BMGT 772 Logistics Management (3) For BMGT majors only or permission of department. Theoretical and case material is used to analyze managerial decisions related to business logistics. The many trade-offs faced by a logistics manager are examined such as the trade-off between inventory levels and mode of transportation used, the trade-off between inventory levels and customer service, and the trade-offs that should be made if they reduce total logistics costs or increase company profits.

BMGT 773 International Logistics and Transportation Management (3) Examination of goods movements in the global marketplace, the differences in distribution systems around the world, governmental restrictions on the movement of goods, required export and import documentation, and the roles of various transportation intermediaries or export facilitators in international trade.

BMGT 774 Advanced Logistics Management (3) Prerequisite: BMGT 772 or permission of instructor. Examination of logistics as a field of managerial responsibility. Issues such as inventory management, transportation decision-making, and facility location analysis are examined using various analytical techniques including linear programming, simulation and heuristic modelling.

BMGT 776 Management of High Technology, Research and Development (3) For BMGT majors only or permission of department. The creation of competitive advantages through the use of new technology. The integration of technological strategy with business strategy within the internal corporate culture. Research and development in the context of this strategy-structure of the firm. The nature of R & D, the management of creativity, and new product development are also discussed.

BMGT 777 Policy Issues in Public Utilities: Energy and the Environment (3) Prerequisite: BMGT 671. Current developments in regulatory policy and issues arising among public utilities, regulatory agencies, and the general public. Emphasis on the electric, gas, water, and communications industries in both the public and private sectors of the economy. Changing and emerging problems such as cost analysis, depreciation, finance, taxes, rate of return, the rate base, differential rate-making, and labor. The growing importance of technological developments and their impact on state and federal regulatory agencies.

BMGT 780 New Venture Creation (3) Prerequisite: completion of MBA core requirements or permission of department. Creating new ventures, including evaluating the entrepreneurial team, the opportunity and financing requirements. Skills, concepts, attitudes and know-how relevant for creating and building a venture; and preparation of a business plan. These approaches are not limited to new or growing enterprises.

BMGT 781 The Entrepreneur and the Entrepreneurial Team (3) Prerequisite: completion of MBA core requirements or permission of department. The entrepreneur and the entrepreneurial team: the entrepreneur and the team as it relates to innovation, change, power, and risk-taking. Entrepreneurs and their teams from a variety of different firms present and discuss their views on leadership.

BMGT 782 Corporate Venturing and Intrapreneurship (3) Prerequisite: completion of MBA core or permission of department. Corporate venturing and intrepreneurship: overview of the venture process in corporations and the unique problems and opportunities for corporate entrepreneurs in the venturing process to reduce the cost of failure and increasing the chance of success. Emphasis is on the internal corporate venturing process, from selection to new venture creation.

BMGT 783 Managerial Staffing (3) Aimed at increasing an understanding of the legal, technical, and practical issues involved in organizational staff forecasting, and hiring and termination procedures.

BMGT 794 The Environment of International Business (3) The international business environment as it affects company policy and procedures. In-depth analysis and comprehensive case studies of the business functions undertaken in international operations.

BMGT 795 Management of the Multinational Firm (3) The problems and policies of international business enterprise at the management level. Management of a multinational enterprise as well as management within foreign units. The multinational firm as a socio-econometric institution. Cases in comparative management.

BMGT 798 Special Topics in Business and Management (3) Prerequisite: permission of department. Repeatable to 6 credits if content differs. Selected advanced topics in the various fields of graduate study in business and management.

BMGT 799 Master's Thesis Research (1-6)

BMGT 808 Doctoral Seminar (3) Prerequisite: admission to the D.B.A. Program or permission of department. Repeatable if content differs. Selected advanced topics in the various fields of doctoral study in business and management.

BMGT 811 Seminar in Financial Accounting (3) Prerequisite: BMGT 710 or equivalent. Seminar in selected classic and current theoretical and empirical research in financial accounting.

BMGT 814 Current Problems of Professional Practice (3) Generally accepted auditing standards, auditing practices, legal and ethical responsibilities, and the accounting and reporting requirements of the securities and exchange commission.

BMGT 815 Analytic Modeling in Accounting (3) Prerequisites: BMGT 630 and ECON 603; or equivalent. Seminar in formal analytical modeling in accounting research.

BMGT 821 Seminar in Management Accounting (3) Prerequisite: BMGT 711 or equivalent. Design and use of accounting information systems for managerial planning and controllership.

BMGT 823 Data Base Design (3) Prerequisite: BMGT 721. The problem of database design in the development of information systems. An integrated database design methodology. Techniques for different phases of database design. Computer-aided tools for data base design.

BMGT 824 Database Systems Architecture (3) Prerequisite: BMGT 721. The important design issues in the software architecture of a database management system. Group projects for the purpose of designing and implementing subsystems of a simple relational database system. Database types and applications.

BMGT 825 Knowledge-Based Systems (3) Prerequisite: BMGT 721. For BMGT majors only. Use of artificial intelligence techniques in developing knowledge-based systems in Management Information Systems and Decision Support Systems. Knowledge representation formalisms, inference and control mechanisms for data intensive applications, object-oriented systems, expert database systems, intelligent user interfaces for DSS, and special problems (eg. plausible reasoning, non-monotonic reasoning, heterogeneous knowledge bases and explanation support).

BMGT 828 Independent Study in Business and Management (1-9)

BMGT 830 Operations Research: Linear Programming (3) Prerequisites: MATH 240 or equivalent; or permission of department. Concepts and applications of linear programming models, theoretical development of the simplex algorithm, and primal-dual problems and theory.

BMGT 831 Operations Research: Extension of Linear Programming and Network Analysis (3) Prerequisite: BMGT 830 or equivalent; or permission of department. Concepts and applications of network and graph theory in linear and combinatorial models with emphasis on computational algorithms.

BMGT 832 Operations Research: Optimization and Nonlinear Programming (3) Prerequisites: {BMGT 830; and MATH 241; or equivalent}; or permission of department. Theory and applications of algorithmic approaches to solving unconstrained and constrained non-linear optimization problems. The Kuhn Tucker conditions, Lagrangian and Duality Theory, types of convexity, and convergence criteria. Feasible direction procedures, penalty and barrier techniques, and cutting plane procedures.

BMGT 833 Operations Research: Integer Programming (3) Prerequisites: {BMGT 830; and MATH 241 or equivalent}; or permission of department. Theory, applications, and computational methods of integer optimization. Zero-one implicit enumeration, branch and bound methods, and cutting plane methods.

BMGT 834 Operations Research: Probabilistic Models (3) Prerequisites: {MATH 241; and STAT 400 or equivalent} or permission of department. Theoretical foundations for the construction, optimization, and applications of probabilistic models. Queuing theory, inventory theory, Markov processes, renewal theory, and stochastic linear programming.

BMGT 835 Simulation of Discrete-Event Systems (3) Prerequisites: Knowledge of Fortran, Basic, C, or Pascal; and BMGT 630 or equivalent. Simulation modeling and analysis of stochastic discrete-event systems such as manufacturing systems, inventory control systems, and computer/ communications networks.

BMGT 836 Advanced Linear Programming (3) Prerequisite: BMGT 830 or permission of instructor. Advanced topics in linear programming necessary for solving large-scale applications found in production, manufacturing and distribution, and for conducting theoretical and applied research in these and related areas. Topics include: dual simplex algorithm, degeneracy and cycling, parametric programming, decomposition of large-scale systems, simple and generalized upper-bounded problems, goal-programming, multi-objective linear programming.

BMGT 840 Seminar in Financial Theory (3) Prerequisite: permission of department. Seminar in selected classic and current theoretical and empirical research in the foundations of finance.

BMGT 841 Seminar in Corporate Finance (3) Prerequisite: permission of department. Seminar in selected classic and current theoretical and empirical research in corporate finance.

BMGT 843 Seminar in Portfolio Theory (3) Prerequisite: permission of department. Seminar in selected classic and current theoretical and empirical research in portfolio theory.

BMGT 845 Seminar in Financial Institutions and Markets (3) Prerequisite: permission of department. Seminar in selected classic and current theoretical and empirical research in financial institutions and markets.

BMGT 850 Marketing Channels Analysis (3) Prerequisites: permission of department. MBA candidates only. Focuses on the fundamental alternative channels of distribution, the roles played by various intermediaries, evolution of business structures in marketing, reasons for change, and projected marketing scenarios.

BMGT 851 Quantitative Methods in Marketing: Demand and Cost Analysis (3) Quantitative methods in the analysis and prediction of market demand and marketing costs. Demand related topics include estimating market potential, sales forecasting methods, buyer analysis, promotional and pricing impacts, and related issues. Cost analysis focuses on allocation of costs by marketing functions, products, territories, customers and marketing personnel. Statistical techniques, models and other quantitative methods are utilized to solve various marketing problems. M.B.A. candidates may register with permission of department.

BMGT 852 Theory in Marketing (3) An inquiry into the problems and elements of theory development in general with specific reference to the field of marketing. A critical analysis and evaluation of past and contemporary efforts to formulate theories of marketing and to integrate theories from the social sciences into a marketing framework. Attention is given to the development of concepts in all areas of marketing thought and to their potential application in the business firm.

BMGT 860 Seminar in Human Resource Planning and Selection (3) Prerequisite: BMGT 760 or permission of department. Seminar in selected theoretical and empirical literature in human resource planning, forecasting, and staffing.

BMGT 861 Seminar in Performance Appraisal and Training (3) Prerequisite: BMGT 660 or permission of department. Seminar in selected theoretical and empirical literature in performance appraisal and training.

BMGT 862 Seminar in Compensation Administration (3) Prerequisite: BMGT 660 or permission of department. Seminar in selected theoretical and empirical literature in the compensation of human resources.

BMGT 863 Work Morale and Motivation (3) Prerequisite: BMGT 660 or equivalent. Seminar on major theories of work motivation and job satisfaction.

BMGT 864 Seminar in Leadership (3) Prerequisite: BMGT 660 or equivalent. Review of theories and research on leadership, especially executive leadership.

BMGT 865 Seminar in Comparative Theories of Organization (3) Prerequisite: BMGT 764 or equivalent; or permission of department. Emphasis on the interdisciplinary literature on classical management, systems, and contingency theories of organization.

BMGT 866 Seminar in Group Processes, Organizational Conflict and Change (3) Prerequisite: BMGT 660 or equivalent. Review of theories and research in organizational development, group processes, group conflict and resolutions.

BMGT 872 Business Logistics (3) Concentrates on the design and application of methods for the solution of advanced physical movement problems of business firms. Provides thorough coverage of a variety of analytical techniques relevant to the solution of these problems. Where appropriate, experience will be provided in the utilization of computers to assist in managerial logistical decision-making.

BMGT 873 Transportation Science (3) Focuses on the application of quantitative and qualitative techniques of analysis to managerial problems drawn from firms in each of the various modes of transport. Included is the application of simulation to areas such as the control of equipment selection and terminal and line operations. The application of advanced analytical techniques to problems involving resource use efficiency within the transportation industry and between transportation and other sectors of the economy is an integral part of the course.

BMGT 880 Business Research Methodology (3) Covers the nature, scope, and application of research methodology. The identification and formulation of research designs applicable to business and related fields. Required of D.B.A. students.

BMGT 882 Applied Multivariate Analysis I (3) Prerequisite: BMGT 733 or equivalent. Topics include elementary properties of matrices, multivariate distributions, the multivariate linear model, path analysis. The examination of business data using existing computer programs is an integral part of the course.

BMGT 883 Applied Multivariate Analysis II (3) Prerequisite: BMGT 882. Topics include discriminant analysis, cluster analysis, principal component analysis, canonical analysis, factor analysis and other current multivariate statistical methods.

BMGT 884 Univariate Forecasting Models (3) Prerequisite: BMGT 630 or equivalent. Traditional approaches to forecasting such as trend models and smoothing techniques. Models for stationary and nonstationary time series, their identification, estimation, forecasts and use in a business environment. All students are required to do a project utilizing these models in the analysis of business data.

BMGT 885 Multiple Time Series Model Building (3) Prerequisite: BMGT 884. Recommended: BMGT 882. Identification, estimation, and forecasting of dynamic systems, the application of intervention techniques to business problems, and the properties and fitting of multiple time series models to business data. All students are required to do a project using these techniques in analyzing business data.

BMGT 886 Statistical Quality Control (3) Prerequisite: BMGT 733 or equivalent. Lot acceptance sampling plans, rectifying inspection, control charts, reliability, dependence fitting, parameter estimation, false and incomplete inspection models, and model verification based on actual data.

BMGT 887 Bayesian Inference and Decision Theory (3) Prerequisite: BMGT 733 or equivalent. Bayesian Methodologies in statistical inference and decision theory. Includes discussion of subjective probability and coherence, elicitation of distributions conjugate distributions, estimation, testing, preposterior analysis and regression analysis. Applications are drawn from the functional business areas.

BMGT 899 Doctoral Dissertation Research (1-8)

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