MSA 5201 -Corporate Governance and Risk Management
3 Credits Normal Grading Mode
The course provides a study of the structured system of policies and processes established and maintained by the board of directors to oversee an organization's strategic activities, assessment and management of risk, accountability and openness in conducting its activities for the long term. Focus on boards of trustees; committees; rights, relationship with shareholders; policies and procedures related to accounting, auditing, executive compensation and financial reporting; and identification of risk and strategies to manage risk. Previously listed as FAAS 5201 and TAX 5201.
MSA 5301 -Accounting Information Systems
3 Credits Normal Grading Mode
This course is designed to present an understanding of accounting information systems and their role in the accounting environment. It will focus on the nature and flows of accounting information in organizations, security, internal controls, and the use of information technology in accounting information systems and decision-making. Topics to be covered include the software development life cycle, contemporary technology and applications (including the use of SAP), control concepts and procedures, auditing of information systems, internets, intranets, electronic commerce, and the role of information systems in a business enterprise.
MSA 5741 -The Professional Accountant
1 to 3 Credits Normal Grading Mode
This course provides an overview of the professional responsibilities and ethical concerns of accounting professionals, including business etiquette, conduct and interpersonal communication. The course will review the structure of the profession, certifications, issues of ethics and responsibility, the legal environment, and the future of the profession. Students will explore how to utilize accounting and related journals and databases to conduct research about the profession.
MSA 5801 -Professional Experience
1 to 3 Credits Grading mode is S/U
Internship in Accounting. This course is repeatable for a total of 3 hours.
PHBU 1001 -Introduction to the Health Care System 1
1 Credit Normal Grading Mode
An introduction to the primary aspects of the health care system. Major topics covered include hospitals and health systems, physicians and clinical services, health insurance, pharmaceuticals, and medical devices. Primary focus is on the US health care system. This course will include an experiential component. Must be enrolled in one of the following Major fields of study: Pharmaceutical/Healthcare Bus.
PHBU 1901 -Special Topics in Pharmaceutical Business
1 to 3 Credits Normal Grading Mode
Can be repeated as the topic varies. Offered fall and spring semesters. Unlimited repeats permitted.
PHBU 2001 -Introduction to the Health Care System 2
1 Credit Normal Grading Mode
An introduction to the supporting aspects of the health care systems. Major topics covered include nursing homes, home health care, mental health services, the health care supply chain, the health care labor force, and health information technology. This course will include an experiential component. Prerequisite(s):PHBU 1001 Minimum Grade of D. Must be enrolled in one of the following Major fields of study: Pharmaceutical/Healthcare Bus. Must be enrolled in one of the following Classifications: Sophomore.
PHBU 2901 -Special Topics in Pharmaceutical Business
1 to 3 Credits Normal Grading Mode
Can be repeated as the topic varies. Offered fall and spring semesters. Unlimited repeats permitted.
PHBU 3051 -Introduction to Health Sciences for Business Professionals
3 Credits Normal Grading Mode
Basic and pharmaceutical sciences including medical terminology, pharmacology, toxicology, medicinal chemistry, pharmacokinetics and pharmaceutics. The role of pharmaceutical sciences in the health care system. Offered spring semester. Prerequisite(s):BIOL 1101 Minimum Grade of D and BIOL 2311 Minimum Grade of D and CHEM 1201 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Pharmaceutical/Healthcare Bus.
PHBU 3341 -Marketing Research
3 Credits Normal Grading Mode
Research design, data collection methods, sampling techniques, tabulation, analysis and presentation of information concerning problems in marketing. Provides a working knowledge of the concepts and methods of marketing research. Also listed as MRKT 3341. Prerequisite(s):BIZ 2511 Minimum Grade of D and (STAT 1561 Minimum Grade of D or STAT 1761 Minimum Grade of D or STAT 2561 Minimum Grade of D). Must be enrolled in one of the following Fields of Study: Pharmaceutical Business.
PHBU 3521 -Consumer Insights 1 (Formerly Consumer Behavior)
3 Credits Normal Grading Mode
Examining consumer decision-making, information processing, external and internal influences and business effects on consumer decision patterns. Applying qualitative research techniques on analyses of the psychological, social and economic influences on consumption and health care. Also listed as MKRT 3521. Prerequisite(s): BIZ 2511. Must be enrolled in one if the following Fields of Study: Pharmaceutical Business. Prerequisite(s):BIZ 2511 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Pharmaceutical/Healthcare Bus.
PHBU 3631 -Product Innovation & Design (Formerly Product Development)
3 Credits Normal Grading Mode
Issues in the development and marketing of new products and services. Also listed as MRKT 3631. Prerequisite(s):BIZ 2511 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Pharmaceutical/Healthcare Bus.
PHBU 3751 -Management Decision Making
3 Credits Normal Grading Mode
Qualitative and quantitative management tools and techniques used in problem solving and decision making. Qualitative tools include brainstorming, cause and effect diagrams, the nominal group technique, the Delphi technique, focus groups, force field analysis, competitive analysis, and value chain analysis. Quantitative methods concentrate on linear programming and forecasting. Also listed as MGMT 3751. Offered fall semester. Prerequisite(s):STAT 2561 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Pharmaceutical/Healthcare Bus.
PHBU 3821 -Consumer Insights II (Fomerly Market Research)
3 Credits Normal Grading Mode
Development of basic skills in conducting and evaluating marketing research projects. Focuses on research design, data collection methods, sampling, and quantitative data analysis techniques. Examines the role of marketing research in teh formulation and solution of marketing problems in a healthcare context. Also listed as MRKT 3821. Prerequesite(s): PHBU 3521 and STAT 2521. Must be enrolled in one of the following fields of study: Pharmaceutical Business. Prerequisite(s):PHBU 3521 Minimum Grade of D and STAT 2561 Minimum Grade of D. Must be enrolled in one of the following Major fields of study: Pharmaceutical/Healthcare Bus.
PHBU 3831 -Business Analytics
3 Credits Normal Grading Mode
Application of economic principles to managerial concerns. Use of interdisciplinary quantitative methods such as optimization analysis, game theory, statistics, and forecasting to solve business problems and predict managerial responses to changes in the business environment. Also listed as IBEC 3831. Prerequisite(s):BIZ 2021 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Marketing, Pharmaceutical/Healthcare Bus.
PHBU 3901 -Special Topics in Pharmaceutical Business
1 to 3 Credits Normal Grading Mode
Can be repeated as the topic varies. Offered fall and spring semesters. Unlimited repeats permitted.
PHBU 3961 -Independent Study in PHBU
1 to 3 Credits Normal Grading Mode
An in-depth exploration of a subject of special interest. Can be repeated as topic varies. Course Attributes: Requires Department Approval.
PHBU 4011 -Health Care Economics, Finance, and Regulation 1
3 Credits Normal Grading Mode
An introduction to the role of markets and governments to allocate and finance health care. Major topics addressed include health insurance (private and public), the structure and function of health systems, regulation in the pharmaceutical and medical device industries, and health outcomes. Must be enrolled in one of the following Major fields of study: Pharmaceutical/Healthcare Bus. Must be enrolled in one of the following Classifications: Senior.
PHBU 4021 -Health Care Economics, Finance, and Regulation 2
3 Credits Normal Grading Mode
The roles of markets, legislation, and the courts in shaping the health care system. Emphasis on the impact of significant legislative through history and the policy process as it relates to the health care system. Additional professional and ethical issues are highlighted. Prerequisite(s):PHBU 4011 Minimum Grade of D. Must be enrolled in one of the following Major fields of study: Pharmaceutical/Healthcare Bus. Must be enrolled in one of the following Classifications: Senior.
PHBU 4121 -Health Care Management
3 Credits Normal Grading Mode
Special management issues in the health sector: governance, human resources, financial statements and resource seeking, and performance assessments. Also listed as MGMT 4121. Offered spring semester. Prerequisite(s):BIZ 2331 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Pharmaceutical/Healthcare Bus.
PHBU 4151 -Compensation Management
3 Credits Normal Grading Mode
Compensation and benefits fundamentals, strategies, practices, and current issues, including wage level determinants, job requirements, wage and salary structures, incentive systems, methods of job evaluation and wage payments, fringe benefits. Also listed as MGMT 4151. Offered spring semester. Prerequisite(s):MGMT 3631 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Pharmaceutical/Healthcare Bus.
PHBU 4301 -Advanced Business Analytics
3 Credits Normal Grading Mode
Introductory econometrics. Application of statistical methods to economic, business and social science topics. Also listed as IBEC 4301. Offered spring semester. Prerequisite(s):BIZ 2021 Minimum Grade of D and BIZ 2031 Minimum Grade of D and STAT 2561 Minimum Grade of D and PHBU 3831 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Marketing, Pharmaceutical/Healthcare Bus.
PHBU 4571 -Project Management
3 Credits Normal Grading Mode
Managerial planning and control. Tools and techniques involved in managing projects. Exercises in decision making and critical thinking. Also listed as MGMT 4571. Offered spring semester. Prerequisite(s):BIZ 2331 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Pharmaceutical/Healthcare Bus.
PHBU 4711 -Sales and Customer Relationship Management
3 Credits Normal Grading Mode
Aspects of the behavioral approach to selling in the context of the marketing concept. Selling techniques which build long term customer relationships. Prospecting, ethics, qualifying, presenting, product demonstrations, handling objections, closing and follow up techniques, and international selling. Also listed as MRKT 4711. Prerequisite(s):BIZ 2511 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Pharmaceutical/Healthcare Bus.
PHBU 4731 -Supply Chain Management
3 Credits Normal Grading Mode
Move-storage activities that are necessary to deliver products to the right place, at the desired time, in the appropriate condition and at the lowest cost. Warehousing, transportation, order processing, inventory and material handling are key topics. Emphasis is given to the development of decision skills which will provide the best minimum total cost service to the customer. Also listed as MRKT 4731. Offered spring semester. Prerequisite(s):BIZ 2331 Minimum Grade of D and BIZ 2511 Minimum Grade of D. Must be enrolled in one of the following Fields of Study: Pharmaceutical/Healthcare Bus.
PHBU 4901 -Special Topics in Pharmaceutical Business
1 to 3 Credits Normal Grading Mode
Can be repeated as the topic varies. Offered fall and spring semesters. Unlimited repeats permitted.
PHBU 4961 -Independent Study in PHBU
1 to 3 Credits Normal Grading Mode
An in-depth exploration of a subject of special interest. Can be repeated as topic varies. Course Attributes: Requires Department Approval.
PHBU 4991 -Advanced Marketing
3 Credits Normal Grading Mode
Integrative course in marketing which brings together all of the functional areas of marketing and requires development of marketing strategies and their application to problem situations in the health care context. A group case approach is used. Must be enrolled in one of the following Fields of Study: Marketing Concentration. Must be enrolled in one of the following Classifications: Senior.
RMI 2621 -Risk Management and Insurance
3 Credits Normal Grading Mode
Principles of personal risk management and insurance. Topics include property and liability insurance, life and health insurance, employee benefits, and social security. Discussion of the functional and financial aspects of insurers. Offered spring semesters. Prerequisite(s):STAT 2561 Minimum Grade of C or STAT 1761 Minimum Grade of C or STAT 2501 Minimum Grade of C.
RMI 3211 -Life and Health Insurance Fundamentals
3 Credits Normal Grading Mode
A study of the financial implications of death, disability and retirement, as well as the corresponding forms of individual life insurance, health insurance and annuities. Elementary life and health insurance programming, taxation, legal aspects, business uses of individual life and health insurance, regulation, and insurer operations and functions are covered. Prerequisite(s):RMI 2621 Minimum Grade of C.
RMI 3241 -Property and Liability Insurance Fundamentals
3 Credits Normal Grading Mode
A study of the property-liability insurance industry, including the economic and financial issues inherent in property-liability contracting. Specific topics include automobile insurance costs and prices, tort reform effects on insurance markets, economics of distribution systems, corporate goverance and organizational form, financial pricing models, solvency measurement, solvency regulation and market discipline, reinsurance and catastrophic risk, underwriting and risk selection, rate making techniques, and underwriting cycles. Prerequisite(s):RMI 2621 Minimum Grade of C.
RMI 3631 -Human Resource Management
3 Credits Normal Grading Mode
Analysis of the role of human resources in contemporary organizations. Functions performed by the human resource practitioner in the areas of recruitment, training, and development, compensation, employee relations, health and safety, and employee separation. The impact of government regulations. Prerequisite(s):BIZ 2331 Minimum Grade of C. Must be enrolled in one of the following Major fields of study: Risk Management and Insurance.
RMI 3691 -Intermediate Financial Management
3 Credits Normal Grading Mode
Advanced concepts and methods employed in financial management. Topics include financial analysis and planning, working capital management, risk analysis and valuation of long-term investments, and capital structure analysis. Prerequisite(s):BIZ 3621 Minimum Grade of C. Must be enrolled in one of the following Major fields of study: Risk Management and Insurance.
RMI 3751 -Management Decision Making
3 Credits Normal Grading Mode
Qualitative and quantitative management tools and techniques used in problem solving and decision making. Qualitative tools include brainstorming, cause and effect diagrams, the nominal group technique, the Delphi technique, focus groups, force field analysis, competitive analysis, and value chain analysis. Quantitative methods concentrate on linear programming and forecasting. Prerequisite(s):BIZ 3641 Minimum Grade of C. Must be enrolled in one of the following Major fields of study: Risk Management and Insurance.
RMI 3831 -Business Analytics
3 Credits Normal Grading Mode
Application of economic principles to managerial concerns. Use of interdisciplinary quantitative methods such as optimization analysis, game theory, statistics, and forecasting to solve business problems and predict managerial responses to changes in the business environment. Prerequisite(s):BIZ 2021 Minimum Grade of C. Must be enrolled in one of the following Major fields of study: Risk Management and Insurance.
RMI 4151 -Compensation Management
3 Credits Normal Grading Mode
Compensation and benefits fundamentals, strategies, practices, and current issues, including wage level determinants, job requirements, wage and salary structures, incentive systems, methods of job evaluation and wage payments, fringe benefits. Prerequisite(s):RMI 3631 Minimum Grade of C. Must be enrolled in one of the following Major fields of study: Risk Management and Insurance.
RMI 4301 -Advanced Business Analytics
3 Credits Normal Grading Mode
Introductory econometrics. Application of statistical methods to economic, business and social science topics. Prerequisite(s):BIZ 2021 Minimum Grade of C and BIZ 2031 Minimum Grade of C and STAT 2561 Minimum Grade of C. Must be enrolled in one of the following Major fields of study: Risk Management and Insurance.
RMI 4611 -Investments and Wealth Management
3 Credits Normal Grading Mode
The risk-return trade off and distinctive characteristics of different vehicles of financial investment including equities; debt and derivatives; portfolio management; the functioning and regulation of securities markets; the operation of mutual funds and other investment companies. The efficient Markets Hypothesis receives special attention. Foundations for corporate as well as personal investment decisions. Prerequisite(s):BIZ 3621 Minimum Grade of C. Must be enrolled in one of the following Major fields of study: Risk Management and Insurance.
RMI 4711 -Sales and Customer Relationship Management
3 Credits Normal Grading Mode
Aspects of the behavioral approach to selling in the context of the marketing concept. Selling techniques which build long term customer relationships. Prospecting, ethics, qualifying, presenting, product demonstrations, handling objections, closing and follow up techniques, and international selling. Prerequisite(s):BIZ 2511 Minimum Grade of C. Must be enrolled in one of the following Major fields of study: Risk Management and Insurance.
TAX 5331 -Federal Income Tax
3 Credits Normal Grading Mode
The fundamentals of federal income taxation, emphasizing its application to individuals. Gross income (inclusions and exclusions); adjusted gross income; deductions; taxable income; taxable credits; identification of the taxpayer; general tax accounting principles; and basic federal tax procedure. The application of the income tax law to business and investment property, including capital gains and losses, depreciation, and recapture. A consideration of the non-recognition and deferral of income, and other factors affecting the computation of tax liability. Must be enrolled in one of the following Programs: Master of Prof Prac Acct.
TAX 5371 -Research Methods
3 Credits Normal Grading Mode
Legal research methods with a focus on tax law, including distinctions between primary and secondary sources and location of materials in electronic and printed form. Methodology to determine, research, resolve and communicate tax law issues. Must be enrolled in one of the following Programs: Master of Prof Prac Acct.
TAX 5411 -Taxation of Partnerships and Partners
3 Credits Normal Grading Mode
Taxation of partnerships and partners. The federal tax law applying to the relationship between the partnership and its partners. The formation, operation, and liquidation of partnerships, as well as the sale of a partnership, interest, and the retirement of a partner. Must be enrolled in one of the following Programs: Master of Prof Prac Acct.
TAX 5431 -Taxation of Estates, Gifts, and Trusts
3 Credits Normal Grading Mode
The operation and use of federal tax provisions applicable to inter vivos and testamentary dispositions of property with particular emphasis upon matters of federal estate and gift taxation. Must be enrolled in one of the following Programs: Master of Prof Prac Acct.
TAX 5451 -Non-Profit Organizations
3 Credits Normal Grading Mode
The rules affecting charitable organizations, including tax-exempt income, unrelated business income, lobbying and political activities, and the deduction of contributions. Must be enrolled in one of the following Programs: Master of Prof Prac Acct.
TAX 5601 -Business Valuation
3 Credits Normal Grading Mode
Assessment of organizational health and value via business strategy, accounting, financial, and prospective analysis. Calculation of values using the income and market approaches. Selection of appropriate standard of value. Financial statement adjustments and calculation of premiums, discounts, and capitalization rates. Use of research and database resources. The curriculum of this course follows recommendations set forth by the National Association of Certified Valuation Analysts. Students passing the final examination in this course will earn 16 credit hours toward the training requirement necessary to sit for the NACVAs Accredited Valuation Analyst (AVA) certification examination. Ohio Northern University is an educational partner with the NACVA. Also listed as FAAS 5601. Must be enrolled in one of the following Programs: Master of Prof Prac Acct.
TAX 5701 -Basics of Expert Testimony
3 Credits Normal Grading Mode
Legal aspects of the forensic engagement, including rules of evidence and procedure. Also listed as FAAS 5701. Must be enrolled in one of the following Programs: Master of Prof Prac Acct.