Business Administration

Department of Business Administration Mission Statement: The Department of Business Administration at Newberry College’s mission is to prepare students for lifelong learning, and to develop effective business and entrepreneurial leaders. 

Business Administration Program Mission Statement: The B.S. in Business Administration degree program is designed to meet the demands of changes in a corporate environment to satisfy the necessity for well-informed practitioners who can assist with developing, leading, and managing institutions to facilitate success. 

Program Learning Outcomes

  1. Communicate functional business concepts orally and in writing. 
  2. Develop functional skills in sub disciplines of business including entrepreneurship, accounting, marketing, ecommerce, economics, finance, management, business ethics and business law.  
  3. Apply economic theory in a systematic and integrated manner to business problems.  
  4. Integrate the principles of finance in both personal and business environments. 
  5. Demonstrate a ‘basic proficiency’ of management principles.
  6. Formulate business decisions using information from global markets.  
  7. Practice the ethical obligations and responsibilities of business in society at large.  
  8. Employ information technologies to promote efficiency and profitability in the organization.  
  9. Promote integrity, innovation, accountability, and assessment in all business activities. 

 

Degrees and Certificates

Classes

ACC 346: Cost Accounting 2

Class Program
Credits 3

This course is designed to provide students with an in-depth understanding of key management accounting topics alongside a familiarity with current, relevant issues facing practicing accountants. Key management topics discussed include: Decision Analysis (CVP, marginal analysis, and pricing decisions), Investment decisions (Capital Asset Pricing and Discounted Cash Flows), Business Ethics, Long-term Financial Management, Working Capital Management, and Enterprise Risk. Cases are used extensively to demonstrate how the key management topics are used in the business environment. This course will help prepare students for careers in management accounting, management, finance, and business consulting.

Prerequisite Courses

BUA 101: Introduction to Business

Class Program
Credits 3

An overview of the various functions of businesses, including management, accounting, finance, marketing, operations management, law, as well as other areas. Coverage emphasizes how these functions work together to form a profitable enterprise. First-year course.

Semester Offered
Offered every semester.

BUA 200: Business Statistics

Class Program
Credits 3

This course teaches practical data science skills, applied to real business problems, using the python programming language.  Students will learn essential skills that span the fields of statistics, data science and programming.  Statistical models will be developed for time series, cross sectional and panel data analysis. Interpretation is strongly emphasized as students navigate causation and correlation.  Students will use virtual machines to spin up cloud instances that perform the entire data pipeline from importing/merging data using different sources, cleaning/transforming data, deploying statistical models and visualizing results.  This course does not assume any prior knowledge of either statistics or programming. 

Prerequisite Courses
Semester Offered
Offered fall and spring semesters.

BUA 210: Business Law

Class Program
Credits 3

A study of the legal environment of business. Emphasizes the study of administrative law and the agency concept that regulates business. Students will gain exposure to topics such as performance contracts, personal property law, negotiable instruments, debtor-creditor relationships, agency law, and employment law. First-year course. Satisfies the Professional Civic Engagement (PCEN) core requirement. 

Semester Offered
Offered every semester.

BUA 220: Principles of Marketing

Class Program
Credits 3

An overview of domestic and international marketing focusing on the marketing mix system (i.e., product, price, communication, and distribution). This course introduces the student to consumer behavior and marketing research. Ethical issues are integrated into all phases of the course.

Semester Offered
Offered every semester.

BUA 241: Personal Finance

Class Program
Credits 3

This course is a study of personal financial matters including long-term financial planning techniques, insurance, investing, income taxes, consumer purchases, use of credit, and budgeting.

Prerequisites

Sophomore standing

Semester Offered
Offered every semester.

BUA 311: Business Ethics

Class Program
Credits 3

A study of the moral and ethical environment in which businesses operate. This course emphasizes the necessity to develop and abide by ethical standards while pursuing profit maximization goals. This course satisfies the core requirement Professional Ethics (PETH). PHI 120 cannot be substituted for BUA 311.

Prerequisites

Junior standing

Semester Offered
Offered every semester.

BUA 341: Corporate Finance

Class Program
Credits 3

This course presents financial concepts from the point of view of individual investors and businesses. It highlights the financing, investment, and dividend policies adopted by corporations to maximize shareholder value. Coverage will focus on the time value of money, financial environment of the firm, capital management, capital budgeting, ratio analysis, and related financial policies.

Prerequisites

Also, MAT 200 or SSC 230 and Junior standing

Semester Offered
Offered every semester.

BUA 362: Operations and Supply Chain Management

Class Program
Credits 3
A study of the operations management in tangible manufacturing and intangible service offering based organizations and supply chains within a total quality management framework. Includes inventory and materials management, project planning and management, process design and management, quality and capacity management, and supply chain logistics analysis.
Prerequisites
ACC 220, ECO 220, MAT 200, or SSC 230
Semester Offered
Offered at departmental discretion.

BUA 363: Small Business Management, Entrepreneurship I

Class Program
Credits 3

A study of small business matters including entrepreneurship, forms of ownership, innovative products, franchising, sources of funding, and creating a business plan. Emphasis will be placed on the entrepreneurial role of small business managers, including risk management, innovation, creativity, and profit maximization.

Prerequisites

Junior standing

Semester Offered
Offered every semester.

BUA 431: Advanced Corporate Finance

Class Program
Credits 3

This course is designed to provide students with an in-depth understanding of key financial management topics beyond the basic BUA 341 Corporate Finance course. In BUA 431, the previous background is taken to the next level by determining capital budget cash flows, the optimal capital structure choices, risk management techniques, and the differences and benefits of payout policies. Study goes on to explore mergers, acquisitions, and international issues. The firm is examined as a whole to determine how capital structure affects corporate strategy.

Prerequisite Courses
Prerequisites

Senior Standing

BUA 432: International Business

Class Program
Credits 3

A study of the international dimensions of business and how they affect the activities of the firm. Emphasizes global and domestic factors affecting management decisions to move domestic operations abroad or vice versa, as well as the development and management of multinational corporate strategies.

Prerequisites

Junior or Senior standing

Semester Offered
Offered every semester.

BUA 433: Multinational Business Finance

Class Program
Credits 3

This course is designed to teach finance principles and applications from a deeper level than just the basic course. These concepts and tools are needed to handle complex problems to maximize a firm’s value through value creation from global perspective. Students learn how to become effective managers by analyzing financial statements, cash flows, cost of capital, capital budgeting, capital structure, corporate valuation, and with exposure to global financial management. (Prerequisites: BUA 241 Personal Finance and BUA 341 Corporate Finance)

Semester Offered
Offered as needed.

BUA 472: Strategic Management

Class Program
Credits 3

A capstone course integrating all functional areas of business. Focuses on managerial strategies and policies that affect total enterprise performance. All students will be required to take the Comprehensive Business Exam as part of program assessment. This course satisfies the “Professional Communications (PCOM)” requirement for the Core Curriculum.

Prerequisites

Senior standing

Semester Offered
Offered every semester.

BUA 477: Entrepreneurship II

Class Program
Credits 3

Students are required to develop a professional business plan based on a strategic planning model. This course emphasizes evaluation, refining and expanding a business plan for an actual start-up business. Students will explore entrepreneurial issues in depth as they relate to risk taking, innovation, creativity, and profit maximization.

Prerequisites

Senior standing

Semester Offered
Offered spring semester.

BUA 491: Independent Study

Class Program
Credits 1 3
Independent study in a selected field or problem area of business related fields. The topic or problem to be studied will be chosen in consultation with departmental faculty under whose guidance the study will be conducted. Subject to Independent Study regulations and restrictions.
Prerequisites
Permission of instructor and department chair

BUA 492: Independent Study

Class Program
Credits 1 3
Independent study in a selected field or problem area of business related fields. The topic or problem to be studied will be chosen in consultation with departmental faculty under whose guidance the study will be conducted. Subject to Independent Study regulations and restrictions.
Prerequisites
Permission of instructor and department chair

BUA 495: Internships in Business Administration

Class Program
Credits 1 3
Students work part or full time in business and industry applying the concepts that they have learned in the classroom. Students become familiar with how the basic managerial functions are applied in a business or industrial setting. Limited to majors in the department, subject to Internship regulations and restrictions. Students must be junior or senior status.
Prerequisites
Permission of instructor and department chair

BUA 496: Internships in Business Administration

Class Program
Credits 1 3

Students work part or full time in business and industry applying the concepts that they have learned in the classroom. Students become familiar with how the basic managerial functions are applied in a business or industrial setting. Limited to majors in the department, subject to Internship regulations and restrictions. Students must be junior or senior status.

Prerequisites

Permission of instructor and department chair

BUA 499: Senior Essay

Class Program
Credits 1 3

Students design, implement and report on an approved research project. Subject to Senior Essay regulations and restrictions.

Prerequisites

Permission of instructor, department chair, and Senior standing

ESM 101: Introduction to e-Sport Management

Class Program
Credits 3

e-Sports is one of the fastest growing industries, attracting 450 million viewers and generating over $1bn in revenue in 2020. This course will introduce you to the history of competitive gaming and will explore its ecosystem. You will learn to navigate Esports leagues, teams, players, publishers, tournament operators, media and affiliate organizations. Furthermore, you’ll get firsthand experience in analyzing the space.

Semester Offered
Offered at department discretion

ESM 102: Introduction to Games

Class Program
Credits 3

Games sit at the intersection of technology, art, and culture, so success within the games industry requires you to understand all three. This course explores why we love games, what role they play in society, and the industry that produces them. You’ll also learn the basics of game development. This course was developed in partnership with Unity and the IGDA to help everyone interested in the games industry start on the right foot. This online class has optional live sessions.  (Prerequisites: None)

Semester Offered
Offered at department discretion

ESM 301: Convention, Event, and Trade Show Planning

Class Program
Credits 3

e-Sports and Gaming companies rely heavily on conventions for marketing. Shows like TGS, PAX and E3 attract audiences from 60,000-300,000 and are tremendous opportunities for companies to generate excitement and drive sales. This course will teach you how to turn a gaming convention into a big win. By the end of this course, you’ll understand how to handle planning, marketing, and logistics for a corporate presence at a major convention. This online course has optional live sessions.  (Prerequisites: ESM 102 -Introduction to Games, Sophomore class standing.)

Prerequisite Courses
Semester Offered
Offered at department discretion

ESM 403: Distribution of Games: The Role of Publishers

Class Program
Credits 3

The role of a publisher in the games industry is to ensure that a game can get in front of its audience successfully. To do that, a publisher must consider a variety of distribution strategies and channels. This course explains the role of a publisher in game distribution and details the various channels by which a game can be distributed. (Prerequisites: ESM 101 - Introduction to Games, BUA 220 - Introduction to Marketing.)

Semester Offered
Offered at department discretion

PMT 101: Introduction to Project Management

Class Program
Credits 3

According to a recent study of human resource managers, effective project management is one of the most coveted skills for new hires in the modern economy. This course will introduce students to the power of effective project management through two primary frameworks: waterfall methodology and agile methodology.

This course is offered through partnership with RIZE and offered on their schedule.

PMT 201: Project Planning

Class Program
Credits 3

This course provides students with a deep understanding of project planning. Projects are a series of tradeoffs between scope, cost, and time, so students will learn how to balance them to create a plan which is realistic and achievable. Students will learn how to leverage resources, and how to manage risk, quality, and stakeholder expectations to ensure project success.

This course is offered in partnership with RIZE and on their schedule.

PMT 401: Advanced Project Management - Practicum

Class Program
Credits 3

This course is a culmination of a student's work in the Project Management program. Students will work in groups to manage a simulated project from scope to completion, encountering, and overcoming challenges and complications along the way. This course will also provide students with an overview of the product life cycle, governance, and other topics to help contextualize project work.

This course is offered through our partnership with RIZE and is offered on their schedule.

SCM 201: Introduction to Project Management

Class Program
Credits 3

According to a recent study of human resource managers, effective project management is one of the most coveted skills for new hires in the modern economy. This course will introduce you to the power of effective project management through two primary frameworks: waterfall and agile. You will also learn vital project-management concepts that can be applied to a wide range of industries and occupations. This online class has optional live sessions. 

Semester Offered
Offered at department discretion

SCM 220: Forecasting and Logistics

Class Program
Credits 3

This online course examines how to use forecasting techniques to match supply and demand, and how to develop logistics networks that help minimize costs and deliver top customer service. This online class has optional live sessions. 

SCM 230: Supply Chain in Action

Class Program
Credits 3

In this online course, students learn about the application of supply chain systems to vital real-world functions. This course examines why supply chain management is vitally important, how it intersects with business, national and global interest, and how supply chains literally save the world. This online class has optional live sessions . (Prerequisites: None)

Semester Offered
Offered at department discretion

SCM 301: Sources and Operations

Class Program
Credits 3

This online course examines how businesses manage the different levels of sourcing, the risks and benefits of insourcing vs outsourcing, the foundations of lean thinking, and Six Sigma methodology. Students will have the opportunity to apply this knowledge by conducting a real-world case study of a product of their choosing. This online class has optional live sessions. (Prerequisites: SCM 220 - Forecasting and Logistics)

Semester Offered
Offered at department discretion

SCM 320: Supply Chain Management Technologies

Class Program
Credits 3

This online course looks at the major relevant supply chain technologies and systems that are employed in best-in-class supply chain organizations. Students will gain a basic understanding of how information flows throughout the supply chain, how supply chain systems work, and how they make the supply chain more efficient and effective. This online class has optional live sessions. 

Semester Offered
Offered at department discretion

SCM 483: Supply Chain Capstone

Class Program
Credits 3

This online course is the culmination of your work as a student of supply chain management. Students will be tasked with creating a series of solutions to actual problems faced by a real-world company in delivering their product to consumers. By the end of this course, students will have experience in solving real-world supply chain problems and seeing how their solutions compare to the professionals. This online class has optional live sessions.

SML 510: Critical Issues in Sport Management and Leadership

Class Program
Credits 3

Sport management is the convergence of business, sport performance, and regulatory compliance. This course will explore emergent challenges across people, policy, and process of sport. Students will examine contemporary situations that involve a sport or sport related organization and consider the implications across the individual, group, and marketplace impact.

SML 520: Business of Sport

Class Program
Credits 3

Sport is a multi-billion dollar industry with complex interdependencies of businesses and regulatory agencies. This course will examine fundamental business structure, operations and risk management. This course will also explore economic climate and policy economic issues raised by the rapid changes in the modern sports world. Students will explore sport organization management and leadership challenges across domestic and international contexts.

SML 521: Finance for Leaders

Class Program
Credits 3

Focuses on economic and financial principles required to operate a business. Principles are applied to quantitatively analyze financial statements. Also, managerial decision-making applications will be presented from the point of view of a firm (microeconomics).

SML 522: Sport Marketing & Public Relations

Class Program
Credits 3

This course will immerse students into the world of sports marketing and public relations by highlighting issues, controversies, topics, trends, and opportunities within the sports industry. The course will take a detailed look at all elements from sports marketing to public relations. Concepts such as: newspaper, radio, television, agency, the internet, colleges, provincial, municipal, international sport, and professional sports.