New Courses! College of Business and Management
Winter 2007
FIN 311 Entrepreneurial Finance (3): Topics covered will include business life cycle financing, forecasting, cash flow burn, securities laws, financial planning, types and costs of financial capital, venture capital, alternative financing, financial distress, exit strategies. Applied methodologies will be used to teach this course. Prerequisite: Junior Standing.
FIN 680 Estate Planning (2): The focus will be on evaluation of estate planning options, the practical concerns arising from such planning and the review of the necessary documents to effectuate such planning. We intend to cover the basics of estate planning, drafting basic estate planning documents, and basic lifetime planning opportunities. Additionally, we will cover marital deduction planning, selection of assets for gift planning, planning options for children, life insurance planning, and retirement benefit planning.
MGT 290 Foundations of International Management (3) The course will cover topics required to lay a foundation needed to understand the elements affecting organizations operating in the global business environment. The systems discussed will include the legal and political environment, cultural environment, technological environment, and economic environment. Students will discuss these elements and the role of other organizations with the goal of providing a worldview perspective of the international business environment as it relates to globalization. Prerequisites: Sophomore standing/
MGT 353 Family Business (3): Explores the unique issues of managing a family owned business. Topics include leadership, roles in a family business, next generation, succession, governance, strategic growth, and family culture. Students have the opportunity to see the application of academic concepts and frameworks to real-world situations through guest speakers and experiential learning activities. Prerequisite: Junior Standing.
MGT/MKT 455 Entrepreneurship Project (3): The focus of this course is on developing the knowledge and skills to facilitate the survival and growth of existing small businesses that are owned and managed by local entrepreneurs. Students will be organized into teams, and each team will be assigned a consulting client. Through a series of steps, each team will identify value-creating deliverables for the client and produce a final consulting report. Prerequisite: MGT 351 and permission of the instructor.
MGT 459 Business Plan Seminar (3): The Business Plan Seminar focuses on the mechanics of constructing a creative, realistic, and effective business plan for a new concept developed by the student. The course is intended as a "hands-on" experience that explores the process of creating a processional business plan for a new venture either in an existing business or as an entrepreneur. Prerequisite: ACCT 352, FIN 311 and MGT 351 (or equivalent)
MKT 490 Direct Marketing: The students will develop a marketing plan of a real company. The plan will be presented and entered into the Leonard J. Raymond Collegiate ECHO Competition.
MGT/MKT 680: Study Tour Course: MBA Study Tour of Russia This winter, the College is offering a brief study tour of Russia for interested MBA students. The 3 credit class will travel over spring break to St. Petersburg and Moscow. The intent of the course is to show how the political, economic, and cultural background of Russia shapes its current business practices. The course will be taught be Dr. George Puia, Dow Chemical Company Centennial Chair in Business. Students will depart from Saginaw on Friday March 3 and return the evening of March 11.
While in Russia, students will visit historically significant sites like the Kremlin, St Basil's, and the Hermitage. We also plan to meet with local representatives from business, government, and education. In addition to tuition, students will pay a course fee of approximately $2,700. The fee includes airfare, hotels (double-occupancy, three-star), two meals per day, hotel transfers, ground transportation, and admission to key historical sites/museums. Significant financial aid/ travel fellowships will be available for selected students. Further information will be available shortly.
MKT 680: Services Marketing: To be announced
LATER SEMESTERS
ECON 356 Economics for Entrepreneurs (3): Understanding and application of economic concepts for a successful entrepreneurship. Examples of topics are: an overview of macroeconomic environment for business supply and demand, analysis of cost and production and profit, efficient resource allocation, international aspects, government regulations, labor market conditions, market structure and competition, fiscal and monetary policies affecting entrepreneurs, decision making under uncertainty, and forecasting for business success and planning. Prerequisite: None.