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Department of Business

Course Descriptions

ACC218 Fundamentals of Accounting (3 Credits)

This is an introduction to the language of accounting for all business students. Initially, the focus is on the basic nature and structure of accounting. Basic concepts such as debit and credit, income statement, balance sheet, and other journals and reports are covered.


ACC220 Principles of Financial Accounting I(3 Credits)

This course is designed to discuss the principles and theories of accounting and their application to business organizations. Financial accounting concepts are covered from a “user” perspective and the focus is on the application of these concepts in a real-world environment. The central there emphasizes how economic information is identified, measured, and communicated. Topics given special emphasis are debits and credits, the accounting cycle, end of cycle procedures, control systems, evaluations of current assets, accruals and deferrals, and current liabilities.

Pre-Requisite: ACC 218


ACC222 Principles of Financial Accounting II (3 Credits)

This course is a continuation of ACC220. It is designed to focus on more advanced topics in financial accounting. A grade of "C" or better is required to advance to this course.

Pre-Requisite:  ACC 220


ACC250 Computerized Accounting Systems (3 Credits)

This course covers small business accounting using Peachtree software and QuickBooks software. Topics include creating a chart of accounts, recording customer and vendor transactions, processing payroll and printing reports. In addition, setting up a new company is covered as well as advanced topics such as exporting Excel software and using QuickBooks audit trail. Emphasis is placed on how such systems safe guard the assets of the firm to insure the integrity of the reporting systems. Special journal entries and subsidiary ledgers are covered. Significant out-of-class independent computer laboratory time is requires of all students.

Pre-Requisite:  CIS 200


ACC301 Intermediate Accounting I (3 Credits)

This course is designed to expand on concepts discussed in Financial Accounting I & II. Topics to be covered include investments, inventory, valuation, financial statements, and use of long term and short term assets.

Pre-Requisite: ACC222


ACC302 Intermediate Accounting II (3 Credits)

This course is a continuation of ACC 301. Emphasis is on special problems which may include leases, bonds, investments, ratio analyses, present value applications, accounting changes, and corrections. Upon completion, students should be able to demonstrate an understanding of the principles involved and display an analytical problem-solving ability for the topics covered. Accounting computer problems involving preparation and completion of spreadsheets are integrated throughout the course.

Pre-Requisite: ACC 301


ACC303 Intermediate Accounting III (6 Credits)

This course is part of the curriculum for the full-time Accounting three-year program and is of interest to Continuing Education students. It is recognized by the Certified General Accountants Association. The course is designed to provide the student with a comprehensive understanding of accounting topics, both their application and rationale. These topics focus on the preparation of financial statements and include: the statement of cash flows as well as more specialized topics such as earnings per share calculations, accounting for corporate income tax, pensions, leases, accounting changes and error analysis, and the principles of full disclosure in financial reporting.

Pre-Requisite: ACC 302


Auditing ACC430 (3 Credits)

This course introduces the students to generally accepted auditing standards, professional ethics, and legal liability. A conceptual theory of auditing is discussed and practical examples of auditing techniques and work programs are used to illustrate the application of the theory. This course also covers the auditor’s reporting standards and uses case studies and professional journal articles as bases for discussion and analysis.

Pre-Requisite: ACC 222


ACC432 Introduction to Taxation (3 Credits)

This course provides an introduction to taxation, and is tailored for students who intend to pursue advanced taxation studies and particularly those who are interested in sitting the CPA exams. It includes basic instruction in the tax laws as currently implemented by the United States and provides a working knowledge of preparing takes for individuals. Emphasis on federal income tax law; individual income, exclusions, deductions, credits, gains, etc; and incorporating these concepts into individual tax filing requirements. Taxation in The Bahamas as compared to other jurisdictions is discussed throughout the course.

Pre-Requisite: ACC222


ACC450 International Accounting (3 Credits)

The primary purpose of the course is to develop knowledge of International Financial Reporting Standards including the standards’ history, new standard adoption, the reading of financial transactions, and financial statement presentation. International Accounting provides a broad perspective on international accounting reporting issues facing multinational corporations. The course also addresses global harmonization and convergence of standards, accounting for foreign currency transactions, translation for foreign currency financial statements, and other financial reporting issues.

Pre-Requisite: ACC 222


ACC434 Accounting Theory & Ethics (3 Credits)

This course surveys professional ethics for accounting profession in the context of ethical theory, the history of ethical thought, the nature of accounting, tax, and auditing fiduciary responsibilities, the rules of accounting codes conduct, financial statement representations and fraud, and the theoretical and practical application of ethical principles to business situations. Topics include ethical standards specific to the accounting profession, an examination of the balance between the competing interests of the accountant’s roles as management consultant and reporter of financial information to third parties, and the interest of business, government and professional regulatory agencies and the public.


ACC440 Government & Not for Profit Accounting (3 Credits)

Governmental and Not-For-Profit Accounting focuses on the development and use of financial information as it relates to governmental and not-for-profit entities. The course coverage includes identifying and applying appropriate accounting and reporting standards for governments and private not-for-profit organizations, preparing fund basis and government-wide statements for state and local governments, preparing financial statements for private not-for-profit organizations, using nonfinancial performance measures to evaluate governmental and not-for-profit entities, and describing auditing requirements for these entities.

Pre-Requisite: ACC 22


ACC444 Financial Statement Analysis (3 Credits)

The purpose of this course is to provide students with hands-on experience in financial statement analysis. Students will be exposed to general tools of financial analysis, theoretical concepts, and practical valuation issues. By the end of the course, students should be comfortable with using firms’ financial statements to develop an understanding of their performance and to establish a basis for making reasonable valuation estimates.

Pre-Requisite: ACC 222


BAF230 Principles of Banking I (3 Credits)

Principles of Banking introduce students to fundamental banking concepts and principles, the basics of how banks operate as service providers and businesses. The course discusses the Banks obligation to operate in a safe and sound manner and manage risks, and the responsibilities of bank employees in a customer-focused financial services environment. The course is intended to give those who are new to banking a general understanding of the industry.


BAF232 Principles of Banking II (3 Credits)

This course gives students knowledge of principles and specific mechanisms in banking management. During this course students will be exposed to banking regulation, its instruments and impact of selected instruments on banking industry. They will also deal with evaluating of banking performance, controlling in bank management, asset and liability management and management of selected banking risks.

Pre-Requisite: BAF 230


BAF240 Introduction to Commercial Banking (3 Credits)

Commercial Banking is a comprehensive study of commercial banks and their role in the economy. This course emphasizes the practical application of business and economic principles as they relate to bank management and regulatory policy. Topics covered include banking history and regulation, consumer and commercial credit analysis, asset and liability management, risk management, loan policy, and money management services. Trends such as consolidation, on-line banking, internationalization, and project-line expansion are also addressed.

Pre-requisite: BAF 232/strong>


BAF250 Principles of Finance (3 Credits)

This course explores introductory financial management concepts. It examines monetary and fiscal policy, stocks, bonds, liquidity and leverage, ratio analysis of financial statements, cost of capital, capital budgeting decisions, forecasting, and international financial management. The course ensures that students are provided with a thorough financial foundation so that they are equipped with the of knowledge and competencies necessary for entry into the business world and if they so desire pursue further study in Finance or related disciplines


BAF260 Intermediate Finance (3 Credits)

This course explores topics related to methods of analysis, time value of money in relation to rates of return, principles of valuation and cash flow factors that impact various financial decision making process.

Pre-equisite: BAF 250


BAF280 Corporate Finance (3 Credits)

Corporate Finance explores basic corporate financial management considerations. Examines monetary and fiscal policy, stocks, bonds, liquidity and leverage, ratio analysis of financial statements, cost of capital, capital budgeting decisions, forecasting, and international financial management. It is designed to introduce and familiarize the student with the short-term and long-term financial management of business organizations. It also provides an introduction to financial management and corporate financial operation.

Pre-Requisite: BAF 250


BUS101 Introduction to Business (3 Credits)

Introduction to Business is a general introduction to the various facets of business. Topics to be covered include the nature of business organizations, business environment, marketing accounting methods, management and statistical methods. Emphasis is placed on how the business work is owned, organized, managed and controlled.


BUS202 Business Communication (3 Credits)

This course covers the principles of communication as it relates to business. Special emphasis is placed on memo, letter, and report writing. In addition, students will be instructed in the techniques of effective, tactful written and oral theories of communication. The course will focus on both internal and external communication.

Pre-Requisite: ENG 101


BUS204 Business Mathematics (3 Credits)

This course focuses on application of mathematical principles in solving business related problems. The topics included are basic statistics, discounts, depreciation, record keeping, business expenses, purchasing and sales, percentages, interest calculations, mark-up and margins profits and loss, pricing and negotiable notes.

Pre-Requisite: MAT 101


BUS262 Office Systems Management (3 Credits)

The course is designed to help students develop the skills that will be important to their career in a professional or business position. This course provides a capstone review for the office professional. Topics include administrative office procedures, imaging, communication techniques, ergonomics, and equipment utilization. Upon completion, students should be able to function proficiently in a changing office environment.


BUS268 Business Law (3 Credits)

This course introduces the ethics and legal framework of business. Emphasis is on contracts, negotiable instruments, Uniform Commercial Code, and the working of the court systems. Upon completion, students should be able to apply ethical issues and laws covered to selected business decision making situations.


BUS280 Introduction to Management (3 Credits)

This course covers topics relating to organizational management. Discussions are centered on ethics, leadership, planning, management and international culture, HRM, organizational controls and organizational change. Real life management scenarios will be presented to expose students to management decision making processes and various management and organizational dilemmas.

Pre-requisite: ENG 101


BUS287 Quality Customer Service (3 Credits)

This course will examine the basic principles of excellent customer service. It is designed to develop the necessary skills for success as a customer service provider. Various customer service scenarios will be examined to allow students to develop an attitude of superior customer service and to demonstrate same as an integral part of the course. Personality traits and habits germane to the delivery of excellent customer service will also be discussed.


BUS289 Essentials of Supervision (3 Credits)

This is a basic introductory course covering in general terms the total responsibilities of a supervisor in industry, such as organization, duties, human relations, grievances training, rating, promotion, quality-quantity control, management-employee relations and related topics. This course is designed to introduce the student to the management skills needed by the first line supervisor. While employees generally receive promotions to supervision based on their technical skills and knowledge, this course provides new management and people skills to add to those technical skills.

Pre-requisite: BUS 101


BUS290 Fundamentals of Business Planning (3 Credits)

This course explores the challenges associated with establishing a new business or retooling and improving an existing business. New business ideas, funding, business plans, staffing, marketing, strategic planning, forecasting accounting, SWOT analysis, the business environment and launching a new business are some of the topics covered. Students will be expected to create an original business plan for presentation.


BUS300 Business Statistics (3 Credits)

This course is designed to enhance students needed to deal with numerical information. Firstly, to be critical consumers of information presented by others. Secondly, to be able to reduce large amounts of data into meaningful form so they can make effective interpretations, judgments, and decisions.

Pre-Requisite: MAT 102 & BUS 101


BUS310 Business Ethics & Environment (3 Credits)

This course is an in-depth study of various ethical principles, and the consideration of problems encountered by contemporary business persons. Through research, case studies, class presentations, and guest speakers, students will be introduced to the contemporary issues of ethics, morality and social responsibility that face the business community. Students completing this course will be able to: Define various theories of ethics; appreciate the importance of ethics in attaining business success; recognize common business ethics issues; formulate a framework for analyzing and resolving real-world ethical issues as well as gain knowledge and critical thinking skills to analyze and resolve ethical issues in business. Each student will develop a cultural awareness and understand the role of ethics and social responsibility in business, finance, operations, planning, and strategy.

Pre-Requisite: BUS 101


BUS410 Management of Organizational Behaviour (3 Credits)

This course provides a comprehensive analysis of individual and group behavior in organizations. Its purpose is to provide an understanding of how organizations can be managed more effectively and at the same time enhance the quality of employees work life. Topics include motivation, rewarding behavior, stress, individual and group behavior, conflict, power and politics, leadership, job design, organizational structure, decision making, communication and organizational change and development. Course Objectives: This course aims to improve students understanding of human behavior in organization and the ability to lead people to achieve more effect.

Pre-Requisite: HRM 201


BUS430 Project Management (3 Credits)

This course exposes students to the foundations of project management. It examines concepts and solutions that support the planning, scheduling, controlling, resource allocation, and performance measurement activities required for successful completion of a project regardless of the discipline.

Pre-Requisite: BUS 101


BUS432 International Management (3 Credits)

This course exposes students to key features of managing an international organization. It focuses on two main topics: Firstly, the international cultural and institutional contexts in which firms operate, and secondly, international strategy and organization. The course combines perspectives from strategic management, human resource management, general social sciences and cultural studies. Some of the topics to be discussed include understanding the complex dynamics of global markets and controlling business interests across national and cultural boundaries.

Pre-requisite: BUS 280


ECO230 Micro Economics (3 Credits)

We live in a world that presents us with great opportunities and hard choices. Economics, as the study of choice under scarcity, is important to each of us, whether we study it formally or not. This is an introduction to Microeconomic ways of thinking. In this course you will learn how these ways of thinking can help you see the world fresh in sight. You will see new perspectives on the important public policy issues of our day. You will also see how you can make better informed choices about your own life. The object will not be to memorize a set of conclusions, but rather to learn ways of approaching the problems of the material world.

Pre-requisite: BUS 101


ECO232 Marco Economics (3 Credits)

This course presents a practical and theoretical introduction to macroeconomics. This course will introduce students to the economic problem of modern macroeconomics- long run economic growth, inflation, unemployment, the role of money in the economy, and international macroeconomic issues.

Pre-requisite: ECO 230


ECO380 International Economics (3 Credits)

This course will introduce both the microeconomic and macroeconomic issues relevant to the economic relations among countries. The course focuses on international trade in goods, services, and capital. It serves as an introduction to international economic issues. Topics discussed include gains from trade and their distribution; analysis of protectionism; strategic trade barriers; the trade deficit; exchange rate determination; and government intervention in foreign exchange markets. The course aims to provide students with a framework for consistent reasoning about international flows of goods, factors of production, and financial assets, trade policy and monetary policy in an open economy. Student should be able to understand both Macro and Micro Economic concepts.

Pre-requisite: ECO 230 & ECO 232



HRM201 Introduction to Human Resource Management (3 Credits)

This is a comprehensive, current, and research-based introduction to the Human Resource Management function. The course addresses the various component parts of HRM from compensation, training, and discipline to international implications for employee and employer.


HRM220 Principles of Organizational Behaviour (3 Credits)

Interactions among people and groups in societies where organizations abound. Focus on the behavior of people in organizational situations and approaches for understanding that behavior. Explores motivation, communication, leadership and team processes. Integrates theory and research with management applications taken from actual work situations.

Pre-Requisite: HRM 201


HRM230 Employee Training & Development (3 Credits)

This course provides a thorough look at Training and Development. The most valued resource or any organization is it people. In today’s corporate landscape to technological advancement, employees must be trained to align with the strategic direction of the business. Managers of quality should know that improvements in workplace productivity contribute positively to the overall well-being of the organization. This course explores the importance of investing in aspects of corporate training, including the front-end needs analysis, and identifying effective design and development strategies. It also examines various ways to deliver training, and provides insight on how to accurately evaluate the impact training program have on a company’s bottom line.

Pre-Requisite: HRM 201


HRM Employee Selection Strategies (3 Credits)

Employee Selection is the process of putting right persons on the right job. It is a procedure of matching organizational requirements with the skills and qualifications of people. Effective selection can be done only when there is effective matching. By selecting best candidate for the required job, the organization will get quality performance of employees. Moreover, organization will face less of absenteeism and employee turnover problems. By selecting right candidate for the required job, organization will also save time and money. This course provides an introduction to the current issues and procedures that are used in recruitment, selection and appraisal of employees in business organizations. The course will be reviewing such topics as legal standards, the utility of scientific approaches to selection and the steps involved in developing and validating a selection system.

Pre-Requisite: HRM 201


HRM280 Performance Management (3 Credits)

The purpose of this course is to give students an overview of performance management, including its definition, benefits and application in most organizations. This course teaches you how to implement a successful program or partner with line managers to enhance the process. You learn how to develop effective performance-management systems that involve goal setting, coaching and feedback, measuring performance against goals, performance appraisals and employee development.

Pre-Requisite: HRM 201


HRM300 Labor Relations Management (3 Credits)

This course presents the basic concepts of labor relations as they apply to both union and nonunion work environments. Special emphasis placed on the collective bargaining process. Major topics include the history of the Bahamas Labor movement, labor economics, arbitration, grievance procedures, Strikes & Walkouts and legal considerations.

Pre-Requisite: HRM 201


HRM310 Management Planning For Human Resource Development (3 Credits)

The purpose of this course is to provide students with information to highlight the importance of management planning. Management planning is the process of assessing an organization's goals and creating a realistic, detailed plan of action for meeting those goals. Much like writing a business plan, a management plan takes into consideration short- and long-term corporate strategies. The basic steps in the management planning process involve creating a road map that outlines each task the company must accomplish to meet its overall objectives.

Pre-Requisite: HRM 201


HRM320 Ethical Issues in Human Resource Development (3 Credits)

The purpose of this course is to dissect the issues faced by Human Resource Departments today. Standards, values, morals and ethics have become increasingly complex in a postmodern society where absolutes have given way to tolerance and ambiguity. This particularly affects managers in HR, where decisions will affect people’s jobs and their future employment. This course explores some of the ethical dilemmas encountered in the workplace, discussing ethical behavior and values that relate to HR. It looks at relevant ethical tools, such as utilitarianism and relativism in order to examine current practices in the workplace and their links to corporate social responsibility.

Pre-Requisite: HRM 201


HRM414 Employment Law (3 Credits)

This course seeks to introduce students to the principles of law which govern Employment Law and Practices and also prepares those interested in Employment Law and Practice for a more advanced course in this area. This course covers the essentials of law governing employment. Topics of value to human resources professionals include: the development of employment law through statutes, case law and administrative tribunals; the employment relationship; hiring and firing; wrongful dismissal and just cause; human rights and equity.

Pre-Requisite: HRM 201


HRM416 Labour Law (3 Credits)

The course will cover the major areas of labor law beginning with the nature of the employment relationship and the distinction between employees and other types of workers; the employment contract including implied terms; breach of contract, remedies, wrongful and unfair dismissal. The course will also cover industrial relations, collective bargaining, and trade unions and how those impact labor law.

Pre-Requisite: HRM 201 & BUS 268


HRM420 Strategic Staff Development and Retention (3 Credits)

The purpose of this course is to provide guidelines on strategically developing human capital through using training and motivation as a catalyst to retention. The quality and variety of the employee training organizations provide are critical for employee growth and development. Reasons to offer employee training are many, from new-hire operational training to introducing a new concept to a work group to installing a new computer system. This course will provide information on the steps to utilize employee training to motivate and retain employees.

Pre-Requisite: HRM 201 & HRM 230


HRM444 Managing Change in Organizations (3 Credits)

The purpose of this course is to discuss the processes of change as a natural part of evolution Managers assist organizational members in meeting both organizational and individual goals. With knowledge of the dynamics of change, managers can help individuals develop the resources and tools necessary to prepare for and move through change processes. Since this course has been designed for those currently working in or hoping to move into, a management position, the perspective of the manager/leader is woven throughout. Increasingly, as people work in teams where leadership is shared, managerial positions are de-emphasized. The purpose of this course is to explain the processes of change from both personal and organizational perspectives.

Pre-Requisite: HRM201 & HRM410



MKT260 Principles of Marketing (3 Credits)

This course provides an introduction to basic marketing concepts. The student will study the decision making process as related to prices, sales profit and advertising, the role of marketing institutions in the economy and the channels through which goods are transferred from producers to consumer. Topics include the marketing mix, new product development, consumer behavior, customer relationship management, strategic planning and e-commerce. Students will develop a comprehensive marketing plan and apply course concepts to real or imaginary products.

Pre-Requisite: BUS 101


MKT290 Sales Management (3 Credits)

Principles and practices of selling are discussed. Emphasis is placed on analysis of sales management, sales promotion process and decisions made by the sales force manager. Structure and organization of the sales force; nature of the sales job; selling in marketing theory; selection of sales personnel; sales training program; ethical problems in sales management along with sales program formulation and implementation.

Pre-Requisite: BUS 101 & MKT 260


MKT300 Understanding Consumer Behaviour (3 Credits)

A study of the psychological and sociological parameters that impact consumer tendencies and inclinations. Focuses on consumer trends and habits in moving services and products.

Pre-Requisite: BUS101, MKT260


MKT340 Public Relations Management (3 Credits)

Students enrolled in this course will learn about the operations of public relations in organizations. The professional development of public relations management, concepts, issues, Principles and practice, models and theories guiding public relations practices are covered. Coverage will also be given to public relations program planning, development and management.

Pre-Requisite: BUS101


MKT340 Public Relations Management (3 Credits)

Students enrolled in this course will learn about the operations of public relations in organizations. The professional development of public relations management, concepts, issues, Principles and practice, models and theories guiding public relations practices are covered. Coverage will also be given to public relations program planning, development and management.

Pre-Requisite: BUS101 & MKT260


MKT360 Advertising & Sales (3 Credits)

Students enrolled in this class are made aware of the need for advertising and promotion. Techniques in planning and execution of advertising, sales promotion, and public relations programs consistent with integrated marketing communications programs are discussed. Problems in advertising and promotion are also covered.

Pre-Requisite: BUS101 & MKT260


MKT390 Marketing Research (3 Credits)

This course aims to provide students with a background in research methods, issues related to conducting marketing research, data analysis, and methods of evaluation related to marketing. Knowledge of these topics will enable students to both implement and evaluate marketing research during their professional careers. It is assumed that students enrolled in this course have a basic understanding of marketing terminology and concepts.

Pre-Requisite: BUS101, BUS300 & MKT260