An M.B.A. student is allowed to repeat a maximum of one course for the purpose of improving the grade. Only a grade lower than B can be raised by repetition of a course; a re-examination is not permitted. Any course that is repeated must be retaken at Francis Marion University. A course may be repeated only once. Written approval of the Dean of the School of Business is required for course repetition. Only the higher grade of the repeated course will be counted in the calculation of the grade point average. If a student fails a course (i.e., receives a grade of F), the student must retake that course in the next semester the course is offered. If the student fails the course again, the student will be dismissed from the program. Since this retake process can be applied to only one course, the student will be dismissed from the M.B.A. program if she/he fails more than one course.

UNDERGRADUATE FOUNDATION COURSES

ACCOUNTING COURSES (ACTG)

201 Financial Accounting (3) F, S, SU. The conceptual approach to financial accounting. The income statement, retained earnings statement, balance sheet, and cash flow statement are studied with emphasis placed on an understanding of the underlying assumptions, theories, and concepts, as well as a thorough understanding of the basic accounting equation.

202 Managerial Accounting (3) (Prerequisite: 201) F, S, SU. Introduce the planning and control aspects of internal accounting. Topics include cost systems, cost behavior, direct costing, capital budgeting, decentralized operations, relevant costs, budgets, differential cost, and variance analysis.

BUSINESS COURSES (BUS)

205 Statistical Methods for Economics and Business (3) (Prerequisite: Mathematics 140) F, S, SU, Covers basic statistical concepts and methodology including probability theory with emphasis on the normal and binomial distributions, confidence intervals, tests of hypotheses, and simple linear regression analysis. Use of computer software to solve problems.

206 Legal and Social Environment of Business (3) F, S, SU. Study of the legal environment of business in general with emphasis on ethics, creditor's rights and bankruptcy, business organizations, government regulations, and the protection of property and other interests.

COMPUTER SCIENCE COURSES (CS)

150 Microcomputers and Software Applications (3) F, S, SU. Introduction to microcomputer hardware and software. Topics include computer fundamentals, word processing, electronic spreadsheets, data bases, and other microcomputer application areas. Solutions for several problems using microcomputers and commercial software will be required. Not required for graduate students who can demonstrate proficiency in the use of a personal computer.

ECONOMICS COURSES (ECON)

203 Introduction to Microeconomics (3) F, S, SU. Introduction to the role of individuals in economic decision-making, the determination of relative prices and output, and problems associated with resource allocation, monopoly, government regulation, and international trade. Economics 203 and 204 are prerequisite to all 300- and 400-level economics courses

204 Introduction to Macroeconomics (3) (Prerequisite or corequisite: 203) F, S, SU. Introduction to the theory of a free enterprise economy, income determination, employment, price level, and the role of monetary and fiscal policy. Other topics covered are banking, economic development, and governmental finance. Economics 203 and 204 are prerequisite to all 300- and 400-level economics courses

FINANCE COURSES (FIN)

341 Financial Management (3) F, S, SU. The financial functions of economic entities. Financial analysis, financial planning, current assets management, capital budgeting, obtaining funds from the capital markets, and international finance. Computer applications.

MANAGEMENT COURSES (FIN)

351 Management and Organizational Behavior (3) F, S, SU. Overview of general management principles. Topics include the evolution of management thought as well as the current emphasis on productivity. Traditional management functions of planning, decision-making, organizing, and controlling are studied. In addition, behavioral concepts are applied to motivation, leadership, work groups, and communication.

MANAGEMENT INFORMATION SYSTEMS COURSES (MIS)

327 Information Systems Fundamentals (3) (Prerequisite: Computer Science 150) F, S, SU. Study of basic systems issues that concern the introduction of technology into the firm and the management of technology-based systems in business organizations.

MARKETING COURSES (MKT)

331 Principles of Marketing (3) F, S, SU. Basic principles of marketing. Emphasis is placed on consumer's role in marketing and on marketing environment. The basic product, place, price, and promotion decisions are examined.