BA

Business Administration Department

Houston, the most populous city in Texas and the fourth largest city in the U.S., is also a global hub for many companies and business that operate in various active industries from energy to space science to health care services. That makes our communities strong economically, socially, politically, and culturally. These business organizations, both large and small, profit and nonprofit, need ethical managers who have integrity, good judgment, and civic mindedness. The Business Administration bachelor degree program at NAU, guided by the mission of the College, integrates these virtues throughout the program of study.

The 4-year Business Administration bachelor degree program provides our students with a high-quality education and prepares them to become proficient and responsible managers in which today’s business environment needs the most. Our graduates are acquainted with information related to the legal framework of the business world, technological improvements, and are well prepared for a changing business environment with a global perspective.

Degree Requirements

For a B.S. degree in Business Administration, students must complete 120 semester credit hours:

  • 36 credits of general education
  • 42 credits of core courses
  • 30 credits in electives 12 of which must be departmental elective courses

The Business Administration program focuses on four areas of business specialization, including finance, management, and international business.
General education requirements are outlined in the general education section of the academic catalog. Specific general education courses required for the program are outlined below.

  • ECON 2311   Principles of Macroeconomics
  • COMP 1314  Computer Literacy and Application
  • ACCT 2311  Fundamental of Financial Accounting
  • ACCT 2312  Fundamentals of Managerial Accounting
  • BUSI 2311   Business Statistics
  • BUSI 2312   Mathematical Applications in Business
  • BUSI 3313   Business Information Management
  • BUSI 3314   Business Ethics
  • BUSI 3315   Business Law
  • BUSI 4317   Business Policy and Strategy
  • COMM 2311  Business Communication
  • ECON 2312  Principles of Microeconomics
  • FINA 1311    Personal Finance
  • FINA 3312    Business Finance
  • MNGT 2311  Management and Organizational Behavior
  • MRKT 2311  Principles of Marketing

Each student has an opportunity to specialize in an area of concentration. A student who wants to specialize in a concentration needs to select four courses from the corresponding concentration area courses.

  • FINA 3313  Financial Markets and Institutions
  • FINA 4314  Investments
  • FINA 4315  Financial Analysis and Valuation
  • FINA 4316  International Finance
  • MNGT 4319 Managerial Decision Models
  • FINA 4319  Financial Management
  • FINA 4316  International Finance
  • MRKT 4312  International Marketing
  • BUSI 4316 International Business
  • ECON 3313 Global Economics
  • MNGT 4318 Project Management
  • MNGT 4320 Global Supply Chain Management
  • MNGT 4314  Small Business Management
  • MNGT 4315 Leadership in Organizations
  • MNGT 4319 Managerial Decision Models
  • MNGT 4320 Global Supply Chain Management
  • FINA 4315 Financial Analysis and Valuation
  • MNGT 4318  Project Management

Business Course Descriptions

ACCT 2311 Fundamentals of Financial Accounting
Cr. 3. (3-0). This course introduces students to the theory of accounting and financial reporting, and generally accepted accounting practices. The  primary emphasis is on financial statements and accounting for assets, liabilities, equities, revenues and expenses. Prerequisite: None

ACCT 2312 Fundamentals of Managerial Accounting
Cr. 3. (3-0). This course focuses on the development, interpretation and use of relevant cost behavior, control, and traceability concepts for management planning, controlling and decision making. Topics include product and direct costing, performance standards and variance analysis, accounting, profitability, and capital budgeting.  Prerequisite: ACCT 2311

ACCT 3314 Cost Accounting
Cr. 3. (3-0). This course examines the fundamentals of cost accounting within an organization. Topics covered in the course include standard costing, variance analysis, cost-volume-profit analysis, and budgeting.  Prerequisite: ACCT 2312

ACCT 3315 Intermediate Accounting I
Cr. 3. (3-0). This course focuses on accounting organizations, the conceptual framework of accounting, the accounting process, basic financial statements, and the time value of money. Issues discussed include the development of accounting standards, financial theory and practice in accounting for assets.  Prerequisite: ACCT 2311

ACCT 3316 Intermediate Accounting II
Cr. 3. (3-0). This course focuses on financial accounting issues including such essential topics as theory and practice in accounting for liabilities, shareholders’ equity, earnings per share, and special disclosure topics, financial reporting.  Prerequisite: ACCT 3315

ACCT 4317 Governmental Accounting
Cr. 3. (3-0). This course provides a framework for understanding the special accounting and reporting requirements of government and nonprofit organizations. Topics include reporting concepts and budgeting principles for governmental and nonprofit economic entities.  Prerequisite: ACCT 2312

ACCT 4318 Auditing
Cr. 3. (3-0). This course covers the concepts, principles, and practical applications of auditing in business. It also stresses the concepts and practical applications that serve as a foundation for auditing skills.  Prerequisite: ACCT 3316

ACCT 4319 Taxation
Cr. 3. (3-0). This course provides a framework for understanding the special accounting and reporting requirements for federal income taxation. Topics include reporting concepts and budgeting principles for taxation of economic entities.  Prerequisite: ACCT 2312

BUSI 1311 Business Statistics
Cr. 3. (3-0). This course focuses on statistical methods, their applications in business contexts and how to interpret analyses performed by others. Topics include data collection, frequency distributions, probability and probability distributions, sampling and sampling distributions, hypothesis testing, regression and correlation analysis.  Prerequisite: MATH 1311

BUSI 2312 Mathematical Applications in Business
Cr. 3. (3-0). This course overviews mathematical operations related to a variety of business disciplines. Students learn and apply the following skills: computation, fractions, decimals, percentages, bank transactions, trade/cash discounts, business statistics, payroll calculations, interest, notes and present value calculations.  Prerequisite: MATH 1311

BUSI 3313 Business Information Management
Cr. 3. (3-0). This interdisciplinary course focuses on computer-based information systems and explores the basic technical, behavioral, economic, and organizational concepts relevant to information, decision making, and systems in a business context.  Prerequisite: TEAP 1311 or TEAP 1313

BUSI 3314 Business Ethics
Cr. 3. (3-0). This course examines the role and importance of ethics in a complex business environment, as well as the relationships and social responsibilities of individuals, organizations and communities. Students will also discuss ethical philosophy and apply an ethical decision making process to practical ethical dilemmas confronting leaders and managers in the workplace.  Prerequisite: None

BUSI 3315 Business Law
Cr. 3. (3-0). This course provides an overview of the business law and legal environment. Topics for this course include the legal principles of business; dispute resolution and procedures; contract law; bankruptcy law; property law; internet law and e-commerce; security interests, negotiable instruments and sales.  Prerequisite: None

BUSI 4316 International Business
Cr. 3 (3-0). This course overviews financial, managerial, and marketing problems confronted by multinational firms. Worldwide patterns of trade and investments are also discussed.  Prerequisite: MNGT 2311, MRKT 2311.  Co-requisite: FINA 3312

BUSI 4317 Business Policy and Strategy
Cr. 3. (3-0). This course focuses on application of acquired knowledge and skills to real world business problems. Students utilize problem solving principles and techniques to evaluate case studies in a variety of business disciplines.  Prerequisite: MNGT 2311, MRKT 2311, ACCT 2312, FINA 3312, ECON 2311, BUSI 3314

BUSI 4318 Special Topics in International Business
Cr. 3. (3-0). This course focuses on current topics of concern in international business. Selected issues in the contemporary international business theory and practice are discussed and analyzed.  Prerequisite: BUSI 4316

ECON 2311 Principles of Macroeconomics
Cr. 3. (3-0). This course provides an introduction to decision-making in the public sector; competing economic theories; economic analysis of inflation, unemployment, and economic growth; money and banking; monetary and fiscal policy; national income measurements; and international economics.  Prerequisite: None

ECON 2312 Principles of Microeconomics
Cr. 3. (3-0). This course provides an introduction to how markets function in the allocation scarce resources. Common analytical tools are used to examine the behavior of individual consumers and firms, and a framework to determine the efficiency of various market outcomes is developed. Topics include consumer theory, the behavior of firms, competition, monopoly, market equilibrium, and the role of government in the economy.  Prerequisite: None

FINA 1311 Personal Finance
Cr. 3. (3-0). This course provides students with skills to solve real world problems. It focuses on problems and applications related to personal finance, including financial planning, personal investing, budgeting, tax planning, real estate financing, credit management, insurance protection, and retirement and estate planning.  Prerequisite: None

FINA 3312 Business Finance
Cr. 3. (3-0). This course examines financial principles applicable to the business organization. Topics include risk return trade off, the time value of money, fundamentals of stocks and bonds and their valuation, capital budgeting, dividend and debt policy. Prerequisite: ACCT 2311, ECON 2311, BUSI 1311

FINA 3313 Financial Markets and Institutions
Cr. 3. (3-0). This course analyzes asset and liability management for financial institutions. Topics include financial markets such as stocks, bonds, mortgages, derivatives and foreign exchange.  Prerequisite: FINA 3312

FINA 4314 Investments
Cr. 3. (3-0). This course focuses on investment theories and their application in terms of selecting assets and securities such as stocks, bonds, and mutual funds.  Modern portfolio theory, leverage, and portfolio diversification is also discussed. Prerequisite: FINA 3312

FINA 4315 Financial Analysis and Valuation
Cr. 3. (3-0). This course analyzes the financial statements of corporations, using analytical tools and methods ranging from ratio computation and cash flow measures to equity valuation. Topics include cash flow analysis, profitability analysis, credit analysis, short-term and long-term forecasting, and equity analysis and valuation.  Prerequisite: FINA 3312

FINA 4316 International Finance
Cr. 3. (3-0). This course focuses on the financial operations of corporations in international financial markets. Topics include forecasting exchange rates in foreign exchange markets, the components of international monetary systems, currency risk management techniques, and global financial decisions.  Prerequisite: FINA 3312

FINA 4317 Risk Management
Cr. 3. (3-0). This course focuses on ways to measure and properly price risk.  It introduces basic concepts in insurance and the derivatives necessary for risk management and control.  It also discusses contemporary risk measurement techniques and methods such as VaR in assessing credit and market risk that financial institutions are exposed to.  Prerequisite: FINA 3312

FINA 4318 Financial Management
Cr. 3. (3-0).  This course provides an in-depth study of capital budgeting, financing, dividends, and related issues in the context of risk, return, and creation of value in a corporation and other business organizations.  Prerequisite: FINA 3312

MNGT 2311 Management & Organizational Behavior
Cr. 3. (3-0). This course examines tools for understanding the management process, organizational structure and corporate culture. It also relates theory and research to organizational problems by reviewing concepts in individual behavior, motivation and performance, communication, conflict and negotiation, teamwork dynamics and decision-making.  Prerequisite: None

MNGT 3312 Operations Management
Cr. 3. (3-0). This course focuses on principles and applications of process and resource management in manufacturing and service operations. Topics include forecasting, capacity planning, process selection, facility layout, quality control and management, scheduling, inventory control, MRP and ERP, and supply chain management.  Prerequisite: MNGT 2311

MNGT 4313 Management Science
Cr. 3. (3-0). This course introduces quantitative and analytical methods for modeling to solve business problems. Tools such as linear programming, integer programming, network flow models and decision analysis are examined.  Prerequisite: MNGT 2311, MATH 1311

MNGT 4314 Small Business Management
Cr. 3. (3-0). This course examines the economic and social environment in which small businesses function, and the critical role of entrepreneurship in fostering business growth and development. Topics include facts about going into business, conducting a feasibility study, financing a business, essential management skills, marketing strategies and legal issues.  Prerequisite: MNGT 2311

MNGT 4315 Leadership
Cr. 3. (3-0). This course provides students with in-depth knowledge on the various leadership theories and insight into effective leadership practices. Topics include management versus leadership, traits and characteristics of leaders, leadership attitudes and styles, situational leadership theories, power and influence, and motivation and coaching skills for leaders.  Prerequisite: MNGT 2311

MNGT 4316 Human Resource Management
Cr. 3. (3-0). This course focuses on theories, principles, and practices of human resources management in organizations. Topics include human resource management functions such as recruitment, selection, training, performance management, benefits and compensation. Prerequisite: MNGT 2311

MNGT 4317 International Management
Cr. 3. (3-0). This course examines different aspects of international management and organization of multinational corporations. Topics include organizational problems in international operations, cross-cultural negotiations and decision making, formulating and implementing strategy for international and global operations, and international personnel management. Prerequisite: MNGT 2311

MNGT 4318 Project Management
Cr. 3. (3-0). This course introduces the basic concepts of project management and tools and techniques to effectively manage projects. Topics include project selection, project planning, budgeting, scheduling, resource allocation, project control and project termination. Tools such as work breakdown structures, network diagrams, project crashing will also be covered. Prerequisite: MNGT 2311

MRKT 2311 Principles of Marketing
Cr. 3. (3-0). This course introduces marketing concepts and their application in the marketing of products, services, ideas, and organizations. Topics include consumer behavior; market segmentation and target market selection, and management of marketing mix variables such as product, price, placement, and promotion.  Prerequisite: None

MRKT 4312 International Marketing
Cr. 3. (3-0). This course introduces characteristics of global marketing and the strategic marketing decisions for effective competition in the global environment. Topics include planning and organizing for international marketing operations, distinctive characteristics, environmental influences, and emerging trends in overseas markets.  Prerequisite: MRKT 2311

Degree Plan

COURSE SEQUENCE

Objectives

  • Prepare students with the necessary knowledge and skills for a changing business environment and for contemporary business information systems
  • Provide students with analytic thinking skills and knowledge pertaining to global business environment
  • Provide students with opportunities to apply their knowledge and skills in real life business cases
  • Equip students with good oral and written communication skills that enable them to express themselves and present their materials well
  • Provide students with an awareness of legal framework and ethical principles