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Loyola University Chicago

Summer Sessions

SBA Course Descriptions

Listed below are the course descriptions for School of Business Administration Summer Sessions courses.

Accounting

ACCT 201 Introductory Accounting I
Prerequisite: Sophomore standing. This course emphasizes the development and reporting of accounting information for use by investors, creditors and others. The student is required to develop skills in the preparation and use of accounting information, must demonstrate an understanding of the accounting process, and be able to evaluate the impact of estimates, alternative accounting principles, and the limitations of the accounting model on accounting information. Topics include preparation and use of financial statements, the accounting process, and the measurement and reporting of income, assets, liabilities and owners' equity.

ACCT 202 Introductory Accounting II
Prerequisites: Sophomore standing and C- or better in ACCT 201. This course highlights the differences between financial and managerial accounting. The course begins by completing the study of transactions and events affecting financial statements began in ACCT 201, to cash flow, and financial statement analysis as traditionally practiced. Other topics include accounting data by management, product costing in manufacturing, cost assigning to objects, learning how costs behave, and the use of accounting data by management in planning and controlling operations.

ACCT 308 Accounting Information Systems
Prerequisites: Sophomore standing; minimum grade of "C-" in ACCT 303 and ISOM 247.

Included among the topics covered in this course are the primary accounting cycles, accounting information system internal controls, and selective fraud issues.  Students will also build flowcharting skills and gain experience working on an enterprise resource planning system (ERP) with real-world company data. Students develop an application and analysis level of learning regarding the function of an accounting information system in business with specific emphasis on risk management, along with the ability to work with and deploy ERP tools.

 

 

Business Administration

BSAD 220 Career Preparation
Prerequisite: Sophomore Standing. Internship and Career Preparation provide an introduction to the critical skills required for successful career development and job search navigation. Students will learn about career development; develop job/internship search skills; establish a job/internship search action plan and begin to become oriented to employer research. Topics addressed will include resume/job search correspondence; interviewing skills; network building; career & employer research and career development resource building.

BSAD 351 Business Internship-Civic Engagement
Prerequisites: Junior standing, School of Business student, & "C-" or better in BSAD 220. Business Internship connects academic learning with the internship experience. Students will be challenged to analyze the theory and practices from the world of work that impact the ethics of leading, interpersonal and organizational dynamics, and competent work place contributions required for success in the modern business world. Concepts associated with internship/experiential learning as related to career development will be addressed. (Please note that the online section is restricted to students living away from Chicago.) 

BSAD 351 Syllabus Online class

Economics

ECON 201 Principles of Microeconomics
Requirement: ANTH 100, PLSC 102, PSYC 100 or SOCL 101 for students admitted to Loyola University for Fall 2012 or later. No requirement for students admitted to Loyola prior to Fall 2012 or those with a declared major or minor in the Department of Anthropology, Department of Criminal Justice, Department of Economics, Department of Psychology, Department of Political Science, the Department of Sociology, Human Services or the School of Nursing.

This course is an introduction to demand and supply, consumer choice, price analysis in alternative industrial organizations, and the distribution of income.  Students will be able to think critically about price formation in different market structures, and how prices, household incomes and income distribution in a diverse society are determined with interpretations based on the concepts of opportunity costs and decision making under uncertainty

ECON 202 principles of Macroeconomics
Requirement: ANTH 100, PLSC 102, PSYC 100 or SOCL 101 for students admitted to Loyola University for Fall 2012 or later. No requirement for students admitted to Loyola prior to Fall 2012 or those with a declared major or minor in the Department of Anthropology, Department of Criminal Justice, Department of Economics, Department of Psychology, Department of Political Science, the Department of Sociology, Human Services or the School of Nursing.

This course is an introduction to national product, its components, money and the real sectors and business fluctuations. Students will be able to think critically about the economic environment of the nation and to measure growth, unemployment, inflation, fiscal and monetary policies of the government, to ultimately understand economic stability and the welfare of the individual citizen.

ECON 303 Intermediate Microeconomics
Prerequisites: Sophomore standing, minimum grade of "C-" in ECON 201 and 202.

This course is a detailed study of consumer and firm behavior, market structures, and the elementary propositions concerning welfare economics. Students will develop analytical skills to understand and predict consumer and firm behavior, understand the underlying pinning of antitrust legislation and dynamic market strategies.

ECON 304 Intermediate Macroeconomics
Prerequisites: Sophomore standing, minimum grade of "C-" in ECON 201 and 202.

This course develops the framework used by economists in government, business and academia to analyze the key determinants of economic growth, the business cycle, unemployment, inflation, the level of interest and exchange rates, as well as explaining how all these variables are influenced by monetary and fiscal policy. Students will be able to understand and critically analyze business cycles, financial market fluctuations, and to study inflation and unemployment policies.

Finance

FINC 332 Business Finance
Prerequisites: Junior standing, ACCT 201, ECON 201 and ISOM 241. Principles underlying the financial management of a business; time value of money, securities valuation, capital budgeting, cost of capital, sources of funds, capital structure policy, cash management and dividend policy.

FINC 335 Investments
Prerequisites: Junior standing, C- or better in FINC 332. This course focuses on the market environment, the theory of efficient markets, and the determination of stock prices, the valuation of securities and the role of earnings, and the theory of portfolio management. Considerable attention is given to modern developments.

FINC 346 Introductions to Options
Prerequisites: Junior standing; Minimum grade of "C-" in FINC 335

This class offers a comprehensive introduction to options, including a detailed examination of option markets, option properties, trading strategies using options, binomial tree and Black-Scholes valuation models, and hedging strategies using options. Students will be able to demonstrate an understanding of option markets, option pricing models and how options can be used to hedge risks.

Information Systems and Operations Management

ISOM 241 Business Statistics (Not open to students who have completed STAT 103)
Introduces the fundamentals of data analysis for business decision-making. The course begins with describing and summarizing data, the relationship between frequency and probability distributions and sampling theory. The fundamentals of drawing conclusions from sample data, estimation and hypothesis testing are presented. The problems of representing and validating relationships among variables using simple and multiple regressions are introduced. Computer software is used for problem-solving.

INFS 247 Business Information Systems

This course focuses on using information technology to support business processes.  The purpose and composition of information systems, the utilization of technology and hands-on experience in developing microcomputer business applications with productivity tools (Microsoft Excel and Access). Students will gain an understanding of using information technology to support business processes, and of developing business spreadsheet and database applications

ISOM 332 Operations Management
Prerequisite: Junior standing, C- or better in ISOM 241. An introduction to the topic of management of operations in manufacturing and services, which is about how firms efficiently produce goods and services. Topics include demand forecasting, aggregate and capacity planning, inventory management, layout, just-in-time (JIT), and managing quality. Additional topics may include location, project planning, resource allocation and logistics.

Legal Environment of Business

LREB 315 Law and the Regulatory Environment of Business I
Prerequisite: Junior standing. This course is designed to familiarize the student with the American legal system. Intended primarily for students who have not previously studied law, the course includes a review of the concept of law, the function of the courts and the dual judicial system of the United States. An appreciation of legal history and the operation of law are developed through the vehicle of a detailed analysis of contract law and a survey of other topical headings.

Marketing

MARK 201 Fundamentals of Marketing
Prerequisites: Sophomore standing. This course allows students to develop an understanding of the entire marketing system by which products and services are planned, priced, promoted and distributed. Students learn about major policies which underlie the activities of marketing institutions and the economic and social implications of these policies.

MARK 360 Retailing Management
Prerequisites: Junior standing, minimum grade of "C-" in MARK 201. This course helps students develop an understanding of retailing and the role that retailing plays in the marketing system and in marketing strategies. Students analyze and develop retail strategies that fit and support overall marketing strategies.

Management

MGMT 201 Managing People & Organizations
Prerequisites: Junior standing. Examines the impact of individuals, groups and structures on behavior in organizations with a view to increasing organizational effectiveness and the quality of work life in a global economy. Among the topics typically covered are employee perceptions, attitudes, values and motivation, work teams, conflict resolution, leadership, organizational values and culture, organizational structure and change, and an organization's social responsibility.

MGMT 304 Strategic Management
Prerequisites: Senior standing, FINC 332, ISOM 332, MARK 301 & MGMT 301. Analysis of the responsibilities of general management through critical examination of case studies. Systematic approach to understanding the total management situation, and to formulating and executing a suitable strategy through planned policy and organization. This course provides a base for continued growth in executive skills.

MGMT 318 Organizational Development and Change
Prerequisites: Junior Standing, minimum grade of "C-" in MGMT. This course examines the theory and practice of organizational development and change, with an emphasis on effective change management. Students will understand the complexity of change in organizations and learn how to use change interventions to manage different types of organizational changes, including the redesign of jobs and restructuring.

MGMT 341 Ethics in Business
Prerequisites: Junior Standing; minimum grade of "C-" in MGMT 201 and ECON 202. This course focuses on ethical issues in the world of business and commerce and addresses a number of interrelated questions. These questions include: What are the rights and obligations of business in society? Can businesses "do good" and "do well"? Are business ethics a viable goal or an unachievable ideal?

Loyola

Summer Sessions · College of Arts and Sciences • Lake Shore Campus • 1032 W. Sheridan Rd., Sullivan Center 235, Chicago, IL 60660
Phone: 773.508.3500 or 800.262.2373 · summer-sessions@luc.edu

Notice of Non-discriminatory Policy