Business Administration at Aquinas College

International Business Major (BSIB)

Major Requirements: Seventy-one (71) semester hours.

  • At least twenty-four (24) semester hours must be taken at Aquinas, nine (9) of which must be taken in business administration courses at the 300 level and above.
  • A GPA of 2.0 must be maintained.
  • Only courses with a grade of C- or better will count toward the major.
  • Students completing a concentration in Marketing or Human Resources, or an approved foreign internship may delete BS315, BS316, and ES342 from their requirements.
AQUINAS REQUIREMENTS
AG210 Principles of Accounting I 4.0
AG211 Principles of Accounting II 4.0
BS201 Principles of Management 3.0
BS202 Principles of Marketing 3.0
BS305 Financial Management 3.0
BS313 International Business (GP) 3.0
BS315 Culture in International Business (GP) 3.0
BS316 International Marketing 3.0
BS455 International Finance 3.0
BS456 Cases in International Business 3.0
BS460 Ethical Application in Business OR BS325 Ethics and the Ecology of Commerce 3.0
ES211 Microeconomic Principles 3.0
ES212 Macroeconomic Principles 3.0
ES342 International Economics 3.0
CS152 Spreadsheets 1.0
MS151 Elementary Statistics (MS 252 or MS494 may be substituted) 3.0
In addition, competency in both English (as determined by the English Department) and an international business language: French, German, Japanese, or Spanish, which includes twenty-three (23) semester hours (normally 101, 102, 201, 202, 301, and either 302 or 303). Foreign language competency will be determined by the Department of World Languages.

The substantial foreign internship must be approved by both the department chairperson of the Department of Business Administration and the department chairperson of the Department of World Languages. Students may substitute BS325 for BS460 in their BSIB program. If a student is already competent in a foreign language, that student need not complete a particular number of hours in foreign language coursework. Rather, the student must demonstrate their competence in that language. Such competence may be certified in writing by the Department of World Languages. Alternatively, the student may demonstrate competence by passing the business conversation class (for example, WL303, WL303 or WL303) in the language. The student may also demonstrate competence by passing an internationally recognized test, such as the Paris Chamber of Commerce test. The test accepted must be approved by the chairpersons of both the Department of Business Administration and the Department of World Languages.

Courses

  • AG210 Principles of Accounting I (4) SS1

    Introduction to financial accounting and its application to the reporting needs of organizations. Topics include basic accounting processes and procedures, financial statement preparation and analysis, internal control, and the recognition and measurement of accounts included in financial reports. Recommended: MS 114

  • AG211 Principles of Accounting II (4) SS1

    An introduction to managerial accounting concepts and the use of accounting information for planning, control and decision-making. Topics include costing of products and services, cost-volume-profit analysis, budgeting, performance evaluation, and costs relevant to decision-making. Prerequisite: AG210.

  • BS201 Principles of Management (3) SS1

    The focus is on the study of the origin and development of management theory, processes of management, decision-making, leadership, communication, social responsibility, and international management. Emphasis on application of management principles to managing organizations.

  • BS202 Principles of Marketing (3) SS1

    An introduction to basic marketing concepts, including marketing strategy, pricing, promotional activities, product development, and physical distribution. Sophomore status required for traditional age students. Recommended: ES 211.

  • BS305 Financial Management (3) SS1

    Covers the concepts and techniques underlying effective decision making related to investment and financing decisions. Some of the topics include planning profitability, analysis of risk, valuation of financial assets, time value of money, cost of capital, capital budgeting, planning capital structure, and dividend decisions. Prerequisites: AG211, ES211, MS151, CS152. Also business/ financial calculator proficiency. This course is not accepted for the Social Science Distribution requirement.

  • BS313/ES313 International Business (3) BE, GP

    An introduction to international business theory and practice. The balance of trade, balance of payments, international business strategy options, and the various modes of conducting international trade are included.

  • BS315 Culture in International Business (3)

    Explores such complex elements as language and communication, cultural and pragmatic disparities of background, and other issues critical to successful international business relations.

  • BS316 International Marketing (3)

    Deals with the transaction activities occurring in the international marketplace. Other aspects of international marketing include international channels of distribution, trade promotion activities of governments and other agencies, practices related to foreign operations, licensing arrangements, and the environmental framework of international marketing organizations.

  • BS325 Ethics and the Ecology of Commerce (3)

    This course reviews classical positions in ethics as well as current Catholic social teaching in the areas of morality and the role of business. Relationships between business institutions and the natural ecology are then examined. Environmental impacts are explored in terms of raw material extraction, pollution, methods of costing and the long-term sustainability of economic growth. Mechanisms for full costing are explored, as are market growth opportunities, which may be found in the impetus for pollution control and environmental clean up. Regional, national, and international aspects are considered with particular emphasis upon the development of international agreements. Prerequisite: Sophomore status.

  • BS455 International Finance (3)

    Basic foreign exchange and stabilization procedures are discussed. Other subjects include methods for short- and long-term overseas corporate investing, financing exports and imports through appropriate international financial channels, and the role of the government in international financial markets. Prerequisite: BS305 or consent of instructor.

  • BS456 Cases in International Business (3)

    A case analysis course dealing with various business problems encountered in an international setting. Case materials cover locational problems, investment financing, foreign union development, negotiating with foreign governments, servicing foreign markets, and the legal and tax consideration of foreign operations. Prerequisite: Open to juniors and seniors only.

  • BS460 Ethical Application in Business (3) BE

    Principles and perspectives of ethical business and organizational decision-making are studied and applied to a variety of decisions. Emphasis is placed on the identification of ethical choices in the context of the conflicting pressures on management, both in the public and private sector. Prerequisite: Junior or Senior status.

  • CS152 Spreadsheets (1) T

    This hands-on lab course covers basic spreadsheet functions such as simple formulas, formatting, and print layout using Microsoft Excel. Course projects introduce skills using a variety of formulas and basic functions, charts, and absolute addressing. This course would be beneficial to any students with a desire to analyze numerical data, manage finances, perform simple statistics, or generate charts and graphs.

  • ES211 Microeconomic Principles (3) BE

    Introduction to the economic problem and the study of economics; basics of supply and demand; introduction to concepts and models used to understand the economic behavior of households and firms, economic outcomes under various market structures, market failures, and international trade.

  • ES212 Macroeconomic Principles (3) BE

    Introduction to the economic problem and the study of economics; basics of supply and demand; introduction to concepts and models used to understand the business cycle (fluctuations in national income and employment) and inflation; basics of international finance.

  • ES342 International Economics (3)

    A study of the fundamental principles of international economic relations. Subjects covered include the economic basis for international specialization and trade, the economic gains from trade, trade policies, economic blocs, and the international financial system. Prerequisite: ES211, ES212.

  • MS151 Elementary Statistics (3) QR

    Designed primarily for students who have had no more than two years of high-school mathematics or its equivalent. Includes the fundamental concepts of descriptive and inferential statistics. Prerequisite: MS107. This course is not accepted for the General Education Mathematics requirement.

  • MS252 Statistics (3)

    Designed for students who have had at least three (3) years of high-school mathematics or its equivalent. Topics to be covered include frequency distributions, variability, probability, sampling, estimation, testing, hypotheses, analysis of variance, regression and correlation analysis, and nonparametric tests. (Course counts as three (3) semester hours toward a minor, but only one (1) semester hour toward a major.) Prerequisite: MS114.This course is not accepted for the General Education Mathematics requirement.

  • MS494 Mathematical Statistics (3) MS

    Tests of hypotheses, point and interval estimation, non-parametric statistics, regression and correlation, analysis of variance. Prerequisite: MS493