FINANCIAL STATEMENT ANALYSIS & REPORTING
( 3 Credit Hours )
This course covers the in-depth understanding of analyzing the four different types of
financial states for important organizational decision making, which include the income state,
balance sheet, statement of owner’s equity, and statement of cash flows. It will involve
gaining an understanding of an organization’s financial situation by reviewing its financial
reports. The various methods of financial analysis will include the use of horizontal and
vertical analysis, liquidity ratios, activity ratios, leverage ratios, profitability ratios. Upon
completing the course, learners will be proficient in describing the roles of the statement of
financial position; statement of comprehensive income; statement of changes in equity;
statement of cash flows in evaluating a company’s performance and financial position; and
identify and describe information sources that analysts use in financial statement analysis.
FINANCIAL REPORTING AND CONTROL
( 3 Credit Hours )
Accounting principles applied to the preparation of financial statements and the analysis of
them by external agents to the firm. The political and institutional structures of financial
accounting will also be considered in the formulation of financial accounting practices. The
class will give you a comprehensive set of tools to analyze the information contained in
financial statements and demonstrate how to use the information to evaluate financial
performance.
LEGAL & ETHICAL ENVIRONMENT OF BUSINESS
( 3 Credit Hours )
This course introduces students to ethics-related aspects of business decision-making while
evaluating the legal risks associated with such activity. Students will address the theoretical
underpinnings of ethics, stakeholders, decision making strategies, and utilization of such
strategies in specific areas such as shareholder and employment relations, marketing, and
globalization. Accordingly, business situations are explored from both legal and ethical
frameworks. The student conceptualizes and compares alternative courses of action pertinent
to ethical dilemmas regarding issue recognition, application of ethical principles, and the
analysis of corporate decision-making using such principles. Some topics of consideration
are Conflicts of interest, privacy issues, safety, white-collar crime, “creative” financing for
buyouts, whistle blowing, marketing, and multi-national issues. Other topics include the legal
system, alternative dispute resolution, enterprise liability, product liability, international law,
business risks, intellectual property, legal forms of business and governance.
INTERNATIONAL BUSINESS LAWS AND ETHICS
( 3 Credit Hours )
Description: This course is designed to introduce the student to the legal issues affecting
business in a global economy. The first segment of the course deals with international
transactions in goods and covers allocation of risks in international trade, documentary sales,
bills of exchange and letters of credit. The second segment addresses “jurisdiction to
prescribe,” the question of what country’s (substantive) law applies to conduct abroad that
has an effect within its borders. The third segment, “jurisdiction to adjudicate,” includes the
competence of courts, international arbitration, and enforcement of foreign money
judgments. The fourth segment covers the treaties and laws that address the international
trading systems, i.e., GATT, the U. S. Trade Act, free-trade agreements, the EEC, and the NF.
The final segment, “Act of State and Foreign Sovereign Immunity,” deals with the special
risks of doing business abroad and with foreign governments, specifically addressing
problems of nationalization and expropriation. The Ethics section covers Rethinking Human
Rights, Conflict, Business and Ethical Decision-making, Advanced Computer Assisted
Translation and Software Localization.
ADVANCED MANAGERIAL ECONOMICS
( 3 Credit Hours )
This course focuses on concepts of competition as they relate to business management
policies and practices; profit goals and measurement problems; multiple product policy;
demand analysis; cost concepts; pricing problems; case studies. Contains a portfolio project.
MANAGERIAL FINANCE
( 3 Credit Hours )
This course provides an in-depth study of the financial scope and functions of a business. In
particular, financial theory and techniques for financial decisions are presented. Students are
expected to use financial models and/or methods in solving problems. Students will receive
exposure to advanced financial management materials within the business environment
including, but not limited to valuation theory, risk concept, analysis of financial statements,
long-term and short-term financing, capital budgeting under certainty and risk, working
capital management, capital structure and budgeting, dividend policy, leasing, mergers and
bankruptcy.
FINANCIAL MANAGEMENT AND DECISIONS
( 3 Credit Hours )
A study of how management uses accounting to facilitate financial decision-making and
internal control of operations. Topics include cost control, budgetary control, and
performance evaluation of personnel. This course emphasizes the analysis and evaluation of
accounting information as part of the managerial processes of planning, decision-making,
and control. The course also introduces the development and use of accounting information
for internal decisions. Topics include financial statement analysis, reporting the statement of
cash flows, capital budgeting and decisions, and relevant costs for internal decision-making.
This course is recommended for students who will be using accounting information for
managing manufacturing and service, and making strategic decisions, as well as those going
into general consulting or thinking of starting their own businesses.
MULTINATIONAL FINANCE & CAPITAL MARKET
( 3 Credit Hours )
Examination of the functioning of the international economy. Topics include balance of
payments, exchange rate determination, problems of world trade and capital flows,
government foreign economic policies, regional integration, Eurocurrency markets, and
international cartels. Also covers international financial decisions of multinational
corporations (MNCs), foreign exchange markets and their role in international movements
of funds, Eurocurrency, Eurobonds, international stock markets, interaction among and
integration of national and international money and stock markets, and regulation of
Eurocurrency markets and flow of funds. Definitions of exposure to foreign exchange risk of
the MNC are examined. Available methods dealing with foreign exchange risk, reasons for
foreign direct investment (FDI), evaluation of the climate for FDI, determining cash flows,
and influence of inflation and currency fluctuations on these cash flows, capital budgeting,
valuation, and optimal capital structure for international operations of the MNCs are studied.
PROFESSIONAL BUSINESS WRITING
( 3 Credit Hours )
Written structure of business memoranda, executive summaries, mission statements,
marketing and SWOT analyses, product and management structure descriptions, marketing
and business plans, as well as a final project to professionally develop and prepare a company
business plan, following constructive outlines such as, plan summary; vision; market
analysis; competitive analysis; business strategy; product and services; marketing and sales
analysis; and financial plan.
INTERNSHIP — TEACHING ASSISTANTSHIP
( 3 Credit Hours )
This internship experience allows students the opportunity to practice in the higher education
space by teaching entry-level courses in undergraduate business. This Teaching Assistantship
is a credit bearing elective course that counts towards application and practice.
MBA CAPSTONE
( 3 Credit Hours )
The culminating experience of program, this course bridges academic study and professional
practice, applying the skills gained from the student’s understanding of theoretical principles
to real world business management and research. Focusing on the practical side of business,
this capstone course requires students to identify and solve problems using academic
research-based analysis to demonstrate understanding of business principles and practices.
The end result will be a paper of substantive content and substantial length that assesses the
student’s comprehensive theoretical knowledge and related application using quantitative
analysis.
ORGANIZAIONAL BEHAVIOR
( 3 Credit Hours )
This course provides an exploration of individual groups, and organizational issues that affect
and shape businesses. Topics include individual differences, motivation, communication,
decision making, and leadership.
INTERNATIONAL BUSINESS MANAGEMENT
( 3 Credit Hours )
This course provides a set of managerial skills required for real global business success.
Students acquire the ability to pull together knowledge and skills across the trade spectrum
to develop an international business plan demonstrating their comprehension of the scope,
breadth and integration of international business practices. They compare the managerial
goals, structures, functions, processes and behavior in different national environments. They
discuss the factors which ensure profitable entry into the import and export business, as well
as ways to incorporate resources to capture qualified international business opportunities.
Also covers the strategies, policies, and practices employed in the management of the
international workforce. International aspects of traditional human resource management,
such as diversity of the MNCs workforce, staffing, development, evaluation, compensation,
and labor relations will be examined. Finally, students discuss “The Manager as Leader” and
the importance of leadership skills in international trade. They assimilate, analyze, and
formulate a sustainable business model that carries the organization through the challenges
of the global marketplace.
INTERNATIONAL BUSINESS ANALYSIS & STRATEGY
( 3 Credit Hours )
Analysis of the major characteristics of international business, of its economic, political,
social, and cultural environments, of key international institutions, and of the problems,
policies, and practices in this area. Studies are evaluating foreign markets, operating in
foreign environments, managing far flung organizations, financing foreign trade and
investment, handling foreign exchange and political risks. Analysis of strategy in
international business in terms of resources to be transmitted abroad, adaptation to foreign
cultures, acquisition of legitimacy in host countries, and the integration of the international
firm’s various parts.
MANAGERS IN ORGANIZATIONS AND SOCIETY
( 3 Credit Hours )
New students are eligible for admission at the beginning of fall, spring,
and summer sessions. Applications are reviewed on a rolling basis. EWU
does not discriminate against any student based on age, race, creed,
religion, handicap, gender, nationality, ethnic origin, or any other
unrelated factors.