Carroll College, Helena Montana

Course Descriptions

BA: Courses in Business

BA 100 Introduction to Business 3 Cr
This course is designed for the student with little or no experience in business and its related fields. This course helps the student to build the necessary understanding of the myriad of business terms that exist today. Topics covered include management, marketing, capitalism, computers, accounting, finance, ethics, and international business. No prerequisite. Fall semester.

BA 203-204 Principles of Accounting I and II 6 Cr
Introductory courses dealing with the principles of recording, analyzing, and communicating information about the economic activities of organizations. First semester includes preparation and interpretation of general purpose financial statements, e.g., income statement, balance sheet, and statement of cash flow. Second semester covers interpretation of information relevant to managerial decisions, e.g., pricing, budgeting, and capital investments. MA 117 recommended. Offered fall and spring. Prerequisites: Sophomore standing or permission from the instructor required; BA 203 must be taken before BA 204

BA 227 Nonprofit Fundraising and Philanthropy 3 Cr
This is a valuable course for anyone expecting to work in a nonprofit organization or serve on a charitable organization’s board of directors. The course presents the role and scope of philanthropy in the United States beginning with our western cultural heritage through today’s sophisticated marketing-driven technology-based appeals. The structure of fundraising programs is presented as the organizing feature of successful fundraising activities across a range of techniques and approaches from annual fund campaigns to capital campaigns to planned giving programs. Fall semester.

BA 228 Introduction to NonProfit Organizations 3 Cr
This course examines the role of the nonprofit sector in; the United States and its relationship to government and the business sector. The unique characteristics of nonprofit organizations such as donated revenue, volunteer boards of directors, multiple revenue sources, and mixed paid and volunteer staffing are examined. The course investigates both governance and management responsibilities and functions. It is appropriate for students in any major since many students will apply their vocations in nonprofit organizations, most will serve on nonprofit boards, and all will certainly be asked to contribute to nonprofits. Spring semester.

BA 301-302 Business Law I and II 6 Cr
An introduction to the study of law designed to acquaint the student with the legal controls under which modern business is conducted. The course covers the law of contracts and agency, bailment, sales, negotiable instruments, partnerships, and corporations. Prerequisite: Junior standing.Offered annually.

BA 303-304 Intermediate Financial Accounting I and II 6 Cr
Course emphasis is on accounting theory and concepts, as well as analysis of the problems that arise in applying these underlying concepts to financial accounting. Attention is focused on the use of accounting information as a basis for decision making by management, stockholders, creditors, and other users of financial statements and accounting reports. Prerequisite: BA 203-204; BA 303 must be taken before BA 304. Offered annually.

BA 306 Marketing 3 Cr
An introduction to marketing and management decision making in the pricing, promotion, and distribution of products. Consideration of the behavioral, legal, ethical, competitive, and economic environments as they affect decisions in domestic and international business organizations. Fall semester.

BA 310 Governmental & Not-for-Profit Accounting 3 Cr
A study of fund accounting as used by various governmental units and other non-profit organizations. Prerequisite: BA 203-204. Spring semester.

BA 311 Individual Federal Taxation 3 Cr
A basic course in income taxation of individuals. Common aspects of typical 1040 tax returns considered. Taught first 3/4 of semester. Students interested in taking the CPA exam should also take BA 312 concurrently. Fall semester.

BA 312 Federal Taxation: Corporate and Partnership 1 Cr
This course is taught the last quarter of the semester following BA 311 and covers aspects of corporate and partnership taxation. Recommended for those interested in taking the CPA exam. Fall semester.

BA 313 Managerial Finance 3 Cr
A consideration of financial concepts as applicable to modern firms. Topics include cash flow, financial ratios, the time value of money, the cost of capital, capital budgeting, the income tax environment, and aspects of longterm financing with leases, bonds, preferred stocks, and common stocks. Prerequisites: BA 203-204; MA 117 or MA 121 or MA 131. Fall semester.

BA 315 Cost Accounting 3 Cr
A consideration of those principles relating to the accounting systems used by manufacturing concerns. The job-order cost system, the standard cost system, and process cost systems are studied together with selected managerial accounting principles such as relevant costs. Prerequisites: BA 203-204. Fall semester.

BA 316 Cost Accounting II 3 Cr
A continuation of BA 315, the course extends coverage of managerial and cost accounting concepts as they are applied in planning, pricing products, and controlling business firms’ activities. Prerequisite: BA 315. Offered at discretion of department.

BA 318 Personal Finance 3 Cr
Designed to help the student plan the handling of finances in everyday business transactions. Topics included are budgeting, credit, savings, insurance, income tax, investment, and estate planning. Fall semester.

BA 320 Market Research 3 Cr
This course deals with the gathering of information and knowledge to help managers and marketers make better decisions. This course will introduce the student to the research process and various methods for collecting and analyzing data to solve marketing problems. Prerequisite: BA 306. Spring semester.

BA 322 Consumer Behavior 3 Cr
This course focuses on the understanding of consumer behavior, how and why buyers make purchase decisions, how they think, feel, and act before, during and after the purchase. Discussion will deal with the influences that affect these behaviors and how the firm can make decisions about the 4Ps that will ultimately lead to the consumer’s purchase. Prerequisite: BA 306. Spring semester.

BA 324 Marketing Communication & Promotion 3 Cr
This course is developed around how to think about, critically evaluate and ultimately manage various forms of marketing communications based not only on their individual roles in the process of communication but also on their overall alignment with the company’s integrated marketing communication program. Prerequisite: BA 306. Spring semester.

BA 326 New Product Development 3 Cr
This course focuses on the sequence of events that take place starting with the original idea for a new product/service to actual commercialization. It emphasizes the understanding of the various “stages” of development that any new product must pass, and the various activities each functional area of the firm must contribute, in order to have a successful product launch. Prerequisite: BA 306. Offered at discretion of department.

BA 328 Personal Selling 3 Cr
This course is a study of the skills needed to develop and manage longterm relationships with customers and suppliers. Emphasis is placed on relationship selling, presentation, prospecting, handling objections and closing techniques with consideration given to differences in the global marketplace. Personal Selling covers professional selling practices and philosophies, provides a basic introduction to the activities of sales management, training and recruitment, performance evaluation, compensation, budgeting as well as time and territory management. Prerequisite: BA 306. Fall semester.

BA 351 Banking Management 3 Cr
This course is designed to disseminate information to students interested in acquiring more knowledge in the areas of banking operations including the roles, duties and responsibilities of bankers to their customers as well as their industry. No prerequisites.

BA 360 Accounting & Finance Information Systems 3 Cr
This course will acquaint students with accounting and finance software packages and the potential uses of computer applications in accounting or finance situations. Students will complete a variety of accounting problems using computers. Prerequisites: BA 203-204. Summer session only; on demand. Class may be taken for credit two times.

BA 365 Financial Analysis Using Excel 3 Cr
This course is designed to assist students in the development of proficiency in using spreadsheet software such as Excel for making business decisions. Students will build templates for analyzing a variety of business problems. This course may be used to satisfy the computer applications requirement in the Business major or may be used to satisfy one of the requirements in the Finance emphasis in the Business major. A student may not double count this course to fulfill both requirements. Spring semester.

BA 375 Fundamentals of Management 3 Cr
An introduction to effective management practices, including planning, staffing, organizing, leading, and controlling organizational functions. Fall semester.

BA 377 Small Business Management 3 Cr
This course is designed to develop the student’s understanding of the economic and social environment with which the small firm functions and the influence this has on decision making. Fall semester. Fulfills Writing Intensive requirement.

BA 380 E-Commerce 3 Cr
This course is designed to expose students to the multi-faceted aspects of electronic commerce. The course will integrate the different business disciplines found in electronic commerce such as accounting, finance, marketing, law, and management. Students will develop skills in analyzing and formulating electronic business solutions. Issues in security, risk management, control, technology and regulations will be explored. Summer session only; on demand.

BA 392 International Business 3 Cr
This course is intended as the student’s introductory course in international business. Topics included will be how managers deal with the international monetary system, as well as the various environments, organizations, and uncontrollable factors that make up the foreign environments. It will also deal with these factors’ impact on the business and the functions of management. Prerequisites: EC 201 and BA 375. Fall semester. Fulfills Global Diversity requirement and Writing Intensive requirement.

BA 393/EC 393 Socioeconomic Issues: India 3 Cr
One in six individuals is Indian. The socioeconomic status of these individuals is framed by India’s rich traditions and developed through a combination of education, occupation, and income. Students exploring global diversity will examine India’s delicate balance between tradition and modernization including globalization’s impact on traditional gender roles, the family, and related socioeconomic issues. In this process, students will develop an appreciation of Indian culture and its influence on business relationships. Students exploring national diversity will consider socioeconomic issues experienced by Indians living in the United States along with possible biases faced due to religious or cultural heritage. (No prerequisites, online summer course; on demand. Fulfills Global or National Diversity requirement, but not both.)

BA 395 Study Abroad 3-6 Cr
This course entails traveling abroad to a designated country or countries. The class will help the student explore in order to understand business practices as well as the culture, religion, geography and social practices of the foreign country(ies); all necessary prerequisites in the understanding of international business. The length of the trip will determine credit. Prerequisite: Junior or Senior standing or permission of the instructor. Fulfills Global Diversity requirement.

BA 401 International Marketing 3 Cr
This course continues where the principles of marketing and international business leave off and addresses global issues and describes concepts relevant to all international marketers. Emphasis is on the strategic implications of competition in different country markets. This environmental/cultural approach permits a truly global concentration where one is not limited to any specific nation or singular way of doing business. Prerequisite: BA 306 and BA 392. Spring semester.

BA 405 Auditing 3 Cr
Designed to achieve a balance between a conceptual consideration of the environment and philosophy of auditing and an understandable presentation of auditing techniques and procedures. Prerequisites: BA 303-304 and MA 207. Fall semester.

BA 406 Auditing II 3 Cr
A continuation of BA 405, the course extends coverage of financial and operating auditing philosophies and techniques. An audit simulation is a central part of the course. Prerequisite: BA 405. Spring semester. Fulfills Writing Intensive requirement.

BA 407 Advanced Accounting 3 Cr
Accounting principles applicable to partnerships, branches, and consolidated financial statements. Prerequisites: BA 303-304. Spring semester.

BA 408 Human Resource Management 3 Cr
This course deals with the functions of the human resource office. Topics include but are not limited to compensation administration, wage and salary administration, legal constraints, policies and procedures, and collective bargaining. While theory is discussed, emphasis is on practical application. Prerequisite: BA 375 or consent of instructor. Spring semester.

BA 409 Operations Research 3 Cr
This course provides an introduction to quantitative modeling methods used in business, economics, and public administration. The course focuses on computer implementation of the models, the application of these models to practical decision-making scenarios, and sensitivity analysis of the model assumptions. Operations research tools including optimization, queuing, simulation, forecasting, and decision analysis are covered. Prerequisites: EC 201-202; MA 117; MA 207. Spring semester.

BA 410 Business Policy 3 Cr
Capstone course for business majors. Students apply the lessons learned from courses in accounting, business, and economics to contemporary problems in business. Analysis includes tools and techniques learned in the business curricula. Investigation of issues is accomplished in a case approach context. Contemporary business readings are used. Final assessment test for majors in Business Administration will be given in this class. Prerequisites: All core business courses and senior standing. Spring semester.

BA 411 Investment Management 3 Cr
A study of the basic concepts of investing. Topics covered include the stock and bond markets, commodities, options, money market funds, and mutual funds. An analysis of investment strategies and portfolio management as they apply to both the small and large investor. Prerequisite: BA 313 recommended. Spring semester.

BA 413 Organizational Behavior 3 Cr
Allows student to gain insight and knowledge concerning the behavior of individuals and groups in organizational settings in order to predict likely future behavior and aid in the accomplishment of organizational goals. Fall semester.

BA 417 CPA/CMA Review 3 Cr
Designed to prepare individuals for the uniform CPA and CMA professional examinations. Spring semester. See instructor for the course dates. Offered as independent study.

BA 451 Advanced Financial Analysis and Planning 3 Cr
CAPSTONE COURSE FOR FINANCE MAJOR. Examines variables relevant to financial problems. Develops skills, techniques, and judgment necessary to make financial decisions.

EC: Courses in Economics

EC 106 Survey of Economics 3 Cr
Provides an introduction to contemporary economic issues and accompanying public policies. Topics covered include inflation, deficit, unemployment, interest rates and financial institutions, social security, pollution, prices, and profits of businesses. This course is designed for non-majors. Departmental majors may take the course, but also must complete EC 201-202. Offered at discretion of the department.

EC 201-202 Principles of Economics 6 Cr
Basic economic principles of individual and business decision making concerning the use of resources and products in the market setting of the U.S. economy. Fundamentals of supply and demand and microeconomics are emphasized first semester. Fundamentals of macroeconomics is the focus of the second semester. Covers role of government and Federal Reserve system in achieving full employment and price stability, international economics, and balance of payment problems. Prerequisite: for EC 201, MA 117 must be taken prior or concurrently; for EC 202, EC 201 must be taken prior.

EC 203 Project Management Economics 3 Cr
This course introduces students to three vital components of project management, each of which contains economic aspects. The three components are financial activities of the project manager, economic analysis, and legal considerations. Examples and case studies will address situations that require decisions having economic implications from project managers in the industrial, commercial, professional, and public sectors. Topics covered include developing project scopes, schedules and budgets, evaluating capital expenditures, considering operational costs, reviewing contracts and specifications, and addressing ethical dilemmas. Three class hours per week. Prerequisites: MA 117 or basic algebra skills, understanding functions, graphing skills. Spring semester.

EC 302 Labor Relations and Public Policy 3 Cr
A balanced approach to labor relations. Topics covered include the evolution of American labor, labor law and public policy, organizing and collective bargaining, wage-benefit and non-wage issues in collective bargaining, contract negotiations, union-management cooperation, contract administration, and special issues in labor relations. Prerequisites: EC 201-202. Offered at discretion of department.

EC 304 Public Finance 3 Cr
Study of the impact of government entities on the U.S. economy. Includes principles and methods of taxation; examination of state, local, and federal expenditure patterns; and public sector decision making and administration. Prerequisite: EC 201-202. Offered at discretion of department.

EC 305 Economics and Strategies of Sports 3 Cr
This course applies economic concepts to help understand the place of professional and collegiate sports in modern society. The course applies microeconomics and behavioral economics to professional sports franchises and leagues, such as the financing of stadiums and player salaries. Analysis of the sports industry will include both private market competition and public laws and subsidies. The class also incudes analysis of cheating and gambling race and gender, coaching and game strategy. Offered at discretion of department.

EC 306 International Economics:Trade and Organization 3 Cr
This is a class in Open Economy Microeconomics. Special emphasis is placed on commercial trade, multinational enterprises, industrial location, piracy, and national sovereignty (e.g. national borders, migration, ecomomic integration and cultural exchange). The course covers selected public policies regarding the abovementioned topics (e.g. tariffs, Immigration restrictions), as well as some historical examples of the development of international trade and global markets. Prerequisite: EC 201-202. Fall semester. 

EC 309 Financial Markets and Institutions 3 Cr
Theory of money as a medium of exchange; mechanics of deposit creation, the Federal Reserve system and U.S. financial institutions. Monetary theory of the effect of money on the economy as well as monetary policy tools and applications for stabilizing the economy. Prerequisite: EC 201-202. Fall semester.

EC 393/BA 393 Socioeconomic Issues: India 3 Cr
One in six individuals is Indian. The socioeconomic status of these individuals is framed by India’s rich traditions and developed through a combination of education, occupation, and income. Students exploring global diversity will examine India’s delicate balance between tradition and modernization including globalization’s impact on traditional gender roles, the family, and related socioeconomic issues. In this process, students will develop an appreciation of Indian culture and its influence on business relationships. Students exploring national diversity will consider socioeconomic issues experienced by Indians living in the United States along with possible biases faced due to religious or cultural heritage. (No prerequisites, online summer course; on demand. Fulfills Global or National Diversity requirement, but not both.)

EC 401 Intermediate Microeconomics 3 Cr
An intensive study of the theory of price in product and resource markets. Special emphasis on application of modern tools of analysis to specific business and public problems. Prerequisite: EC 201-202. Offered at discretion of department.

EC 402 Intermediate Macroeconomics 3 Cr
Analysis of the determinants of the aggregate level of employment, output, and income of the national economy. Includes an examination of popular theories, business cycles, and stabilization policies. Prerequisite: EC 201-202. Offered at discretion of department.

EC 406 International Economics: Finance and Economic Systems 3 Cr
A survey of international economic relations. The major concepts covered are comparative advantage, impacts of tariffs, economic integration, exchange rates, and balance of payments. Concepts are analyzed from a policy viewpoint in order to increase awareness of international economic problems. Prerequisite: EC 201-202. Spring semester.