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Business Administration

MacMurray College's Business Administration program prepares graduates to become professionals who will serve as leaders for the next generation. The curriculum prepares students for successful careers by combining accounting, administration, economics, finance, management, marketing, and mathematics courses to provide a well-rounded education. Classes are designed to help students develop conceptual and analytical skills needed to pursue a variety of business career paths.

Faculty in the Business Administration program have diverse professional backgrounds and ample experience facilitating online learning. They help students understand and analyze business information and situations, apply relevant theories, and arrive at solutions.

Program Learning Outcomes

The MacMurray College Bustiness Administration program is expected to provide students with the knowledge of business, management, economic, marketing, and financial concepts and the analytical skills needed to pursue a variety of business careers. The Business Administration program is designed to help students

For more information about MacMurray College's requirements to earn a Bachelor's degree in Business Administration, please consult the checklist.

Admissions Process

Courses

Accounting

ACCT 221. Principles of Financial Accounting. (3) Introduction to the recording of financial data and reporting of information in financial statements. Recording of transactions and presentation and analysis of the resulting information in the balance sheet, income statement, and statement of cash flows. No prerequisite.

ACCT 222. Principles of Managerial Accounting. (3) Introduction to the recording and reporting of information to management. Recording, reporting, and analysis of the costs of doing business and the budgeting and financing of those costs. Prerequisite: ACCT 221.

Business Administration

BUSA 211. Technology and Society. (3) This course provides a critical examination of the complex interrelationship between society and technology. The course makes students aware of the pervasiveness of technology in our everyday lives, creating and encouraging an understanding of how technology interacts with and is embodied in society. Technology is both the driving force behind societal change as well as the output of our technological imagination. It is this dichotomy that will be examined in this course. Students will learn about how digital tools have led to the development of a high-tech society characterized by customization, individualism, and privatization. The course covers topics such as innovation in the technology sector, Facebook, online surveillance, digital inequality, and immaterial labor. No prerequisite.

BUSA 221. Statistics for Business. (3) Analysis of statistical theories and techniques and their applications for decision making in business. No prerequisite.

BUSA 223. Business Communication. (3) This course explores the theory and practice of a variety of business communication situations including group communication, interviewing, résumé writing, business presentations, and others. Prerequisites: RHET 132 or permission of instructor.

BUSA 301. Cultural Environment or International Business. (3) The impact of cultural differences and diverse world views on the practice of business in multicultural and international business environments. Students will examine the nature of culture and their own cultural perspectives in relation to a variety of business contexts. No prerequisite.

BUSA 316. Business Law. (3) A study of the field of law as it applies to business transactions, including commercial code, torts, agency and employment negotiable instruments, partnerships, corporations, and security. No prerequisite.

BUSA 400. Business Strategy. (3) An integration and application of previous courses through the study of problems in policy formulation and implementation. The cases and topics discussed in the course will place emphasis on strategic planning. Open only to seniors majoring in Business.

Economics

ECON 210. Principles of Macroeconomics. (3) Studies the economy as a whole dealing with economic data, behavior, and theory at the aggregate level of the economy. Examines income, employment, prices, and other variables in terms of their measurement, determination, and policy implications. No prerequisite.

ECON 220. Principles of Microeconomics. (3) Studies demand, supply, price formation, and production decisions. Examines the individual and interrelated behavior of consumers, firms, and industries. No prerequisite.

Finance

FINC 345. Business Finance. (3) Fundamental theories and principles of finance common to all legal forms of business organizations, with emphasis on financial policies of the corporate enterprise. Topics include financial analysis, measurement of risk and return, capital budgeting, cost of capital, working capital management, leverage, and capital structure optimization. Prerequisite: ACCT 221.

Management

HRM 307. Labor Relations. (3) The course will focus on labor relations in both the private and public sectors of the United States. The collective bargaining process will be examined and used in a variety of case studies.

HRM 347. Employment Law. (3) A study of employment law in the United States with applications to individuals and businesses.

HRM 367. Understanding Organizations. (3) This course explores structures, processes, and theories for understanding organizational performance.

HRM 387. Training and Development. (3) The course studies the development and delivery of training and management development programs in a business setting.

HRM 407. Compensation and Benefits. (3) Basic principles of compensation and benefits, with particular emphasis on pay models and strategy.

MGMT 317. Principles of Management. (3) Policies, decision making, objectives, functions, form of organization, facilities, and techniques as they are applied in successful business management.

MGMT 320. Human Resource Management. (3) The personnel and status relationships existing in a typical firm. Topics covered include selection and staffing, placement, training and development, performance evaluation, compensation and benefits, and labor relations. Prerequisite: MGMT 317.

Marketing

MARK 330. Principles of Marketing. (3) Marketing in the economy, nature and scope of marketing, the consumer and marketing, determinants of buyer behavior, the product, the price system, distribution structure, promotional activities, and evaluation of the marketing effort. No prerequisite.

Mathematics

MATH 131. College Algebra and Trigonometry. (4) The system of real numbers; functions; trigonometric, exponential, and logarithmic functions; equations; systems of equations; permutations; combinations; the binomial theorem; and probability. Prerequisite: one and one-half years of high school algebra and one year of high school plane geometry.