Carroll College, Helena Montana

Course Descriptions

Finance Major Course Descriptions

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.

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. Offered annually.

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 long-term financing with leases, bonds, preferred stocks, and common stocks. Prerequisites: BA 203-204; MA 117. Fall semester.

BA 351 Principles of Banking 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 365 Advanced Spreadsheet Applications 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.

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. Offered summer session.

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. Fall semester.

BA 451: Advanced Financial Analysis and Planning 3 Cr
Examines variables relevant to financial problems. Develops skills, techniques and judgment necessary to make financial decisions. CAPSTONE COURSE FOR FINANCE MAJOR. MOST FINANCE COURSES SHOULD BE TAKEN PRIOR TO THIS COURSE.

CS 213 Computer Applications in Business 3 Cr
The class familiarizes students with basic concepts in the use of computer applications as management information systems for businesses. It emphasizes database concepts and practices and use of networks as tools of communication and collaboration. Managing technological change, ethics and security are also covered. Hands on projects include using MS Office for presentation, spreadsheet and database applications. Two one-hour lectures and a one hour lab each week. Offered each semester.

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: MA 117. Offered annually; students may begin in either 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.

ENWR 301 Business Writing 3 Cr
The study and practice of writing for business and administrative settings. The student learns to write various kinds of messages (informational, bad news, persuasive, difficult situations, sales/solicitation) and to use various formats (memos, letters, reports). Students also work collaboratively on group writing assignments. Prerequisite: ENWR 102 or consent of instructor. Each semester. Fulfills Writing Intensive requirement. Fall semester, odd-numbered years.

PHIL 107 Ethics 3 Cr
An analysis of the basic moral concepts of goodness, right, and obligation and an overview of the ways in which these concepts operate in such contexts as society, religion, and the law. Applications of these discussions to contemporary moral issues. Each semester.

PHIL 207 Business Ethics 3 Cr
The philosophical examination of business and business life and their relationship to the good life. Includes an analysis of economic justice, corporate and personal responsibility, moral conflicts, human rights, and the meaning of work. Case studies to assist students to make rationally defensible moral judgments. Fall semester.

MA 121 Differential Calculus 3 Cr
This is the first of a two-semester, six-credit calculus sequence. We begin the first semester by reviewing functions from several perspectives (symbolic, numeric, and graphic). For most of the course we study differential calculus, emphasizing how we can use calculus to understand real-world problems such as police radar detection, laying an oil pipeline around a swamp, and understanding motion. We use computers and calculators extensively, and we also focus on learning how to explain mathematics verbally and in writing. The sequence MA 121-MA 122 is considered to be equivalent to MA 131.Prerequisite: Four years of high school mathematics including precalculus.

MA 207 Elementary Statistics 3 Cr
The basic concepts used in statistics such as measures of central tendency, variation, and probability distributions, and statistical inference are stressed. Applications are made in the social, communication, health, biological, and physical sciences. This course does not count toward a major or minor in mathematics. Prerequisites: Intermediate Algebra. Each semester.