ACM College Courses. Management and Organization Department Ramon V. del Rosario College of Business. De La Salle University.

Transcription

1 ACM College Courses Management and Organization Department Ramon V. del Rosario College of Business De La Salle University 2011 ACM-P003-2 Page 0

2 1.0 COURSE OVERVIEW 1.1 Accounting. Every ACM student enrolls in 12 units of accounting. These are Basic Accounting Part I and II, Accounting for Partnership and Corporation, and Management Accounting 1.2 Mathematics. Included in the curriculum of ACM students are an additional 12 units of mathematics. These are algebra, business mathematics, business calculus as well 6 units of statistics. 1.3 Marketing. Unlike other non-marketing business students, ACM students are required to take 9 units of marketing. This covers basic marketing, salesmanship, and product management. 1.4 Computer Applications. There are two courses in computer applications. The first is a basic computer course while the second is targeting to provide expert level competency in Microsoft word, excel, and powerpoint. 1.5 Economics. Students of ACM take 9 units of economics. These are microeconomics, macro-economics, as well as contemporary national and economic development. 1.6 Finance. ACM students also take 6 units of finance. 1.7 Law. There are 12 units of law covering Obligations and Contracts, Partnerships and Corporations, Business and Income Taxation as well as Sales, Agency, and Bailments. 1.8 Management Science. This is a 3-unit course that teaches students how to use quantitative techniques in finding solutions for business problems. 1.9 Operations Management. Another 3-unit course that introduces students to the production/operations side of business, where quality and efficiency are critical. 2.0 LEARNING OUTCOME 2.1 Accounting. Students are expected to get basic knowledge of accounting. They will be able to differentiate the accounting procedures used by the different types of business organization. They will be able to prepare financial statements and interpret accounting information. ACM-P003-2 Page 1

3 2.2 Mathematics, Students are able to use mathematical tools and techniques in addressing everyday problems. The subjects offered under this category is meant to enhance the technical skills of students. 2.3 Marketing. Subjects under this group are aimed to develop practical selling and marketing skills of students. They will learn both the science and art of marketing. 2.4 Computer Applications. This is practical course that enhances the computer skills of students. Students should be able to gain expert level competence in Microsoft productivity software. 2.5 Economics. Students will develop their skill to understand and apply economic theory to real world problems that are faced within the corporate environment. 2.6 Finance. The 6-units provides technical skills in the interpretation, analysis, and evaluation of firm performance using various ratios and techniques. It provides an understanding how to manage finances in organization. Lessons move into investment, capital budgeting, and debt management. 2.7 Law. The 12 units of law are meant to prepare students with the legal aspects of business. The courses aim to develop among its students better understanding of the legal framework against which business decisions are made. It also equips students with knowledge, information and skills that will help them cope with the complex legal frameworks that affect today s business environment. 2.8 Management Science. Students should be able to determine and utizlie the appropriate quantitative tool to address a business issue. 2.9 Operations Management. This course is meant to improve the technical competence of students in the area of operations. 3.0 COURSE COVERAGE 3.1 Accounting Introductory Accounting Part 1 (ACTBAS1). This introductory course is designed to develop a basic understanding of the conceptual framework underlying the measurement and communication of financial data for business decisions as well as their relevance in the national context. This course deals with analyzing, recording and processing business transactions commonly engaged by a sole proprietor of a service enterprise. The fundamental concepts and principles essential to the ACM-P003-2 Page 2

4 measurement and communication of said transactions are introduced and emphasized as the course progresses Prerequisite: None Prerequisite to: ACTBAS Introductory Accounting Part 2 (ACTBAS2). This course deals with the accounting cycle for a sole proprietorship form of business engaged in merchandising activities. It includes recording of business transactions involving merchandising business, property, plant, and equipment, and preparation of financial statements for business decision-making. The course is designed to respond to changes brought about by developments in information technology through the use of a computerized accounting system. Accounting topics on the voucher system, petty cash fund, and bank reconciliation statement are also included. Prerequisite: ACTBAS1 Prerequisite to: ACTPACO, ACTMANA, FINMAN Partnership and Corporation Accounting (ACTPACO). This course deals with transactions, financial statements, and problems peculiar to the operations of partnership and corporations as distinguished from sole proprietorships. Special topics on book value per share and earnings per share are included. Prerequisite: ACTBAS Management Accounting (ACTMANA). ACTMANA is a basic course that combines the knowledge of management practice and makes use of accounting information for decision-making. It introduces a paradigm shift from preparation of financial statements to actual relevant usage in day-today management activities. The course exposes students to the preparation of internal reports tailor-fitted for management decision making. The planning and controlling of management activities are emphasized through accounting and mathematical techniques that will allow for informed judgment. Prerequisite: ACTBAS2 ACM-P003-2 Page 3

5 3.2 Mathematics Business Mathematics (BUSMATH). It is a course that places mathematics in the context of business Prerequisite: COMALGE Prerequisite to: CBESTA1, BUSCALC Business Calculus (BUSCALC). An introduction to the fundamentals of mathematical analysis, emphasizing analytic geometry and calculus with application in business and economics. Prerequisite: BUSMATH Prerequisite to: MANASCI Statistics 1 (CBESTA1). A study involving descriptive statistics. Its principal objective is to enable the student to be familiar with the different aspects of a statistical research and then to apply the descriptive statistical measures in actual situation. The basic topics such as concepts and rules of probability are applied to problem solving in business. Prerequisite: BUSMATH Prerequisite to: CBESTA2, MANASCI, MANARES Statistics 2 (CBESTA2). Its main objective is to enable the student to apply the statistical methods and techniques to small-scale business/corporate management situations. At the end of the course, the student is expected to analyze and solve statistical problems, interpret statistical results and then to realize the significance of statistics in business decision - making. 3.3 Marketing Prerequisite: CBESTA Principles of Marketing (MARKET1). This course covers the Principles and Basic Concepts of Marketing. Primary emphasis is made on the four basic elements of Marketing (the Marketing Mix) - Product, Price, Placement, and Promotion. The concepts as well as its application in Philippine industry and market are discussed. Students are encouraged to ACM-P003-2 Page 4

6 prepare a simple marketing program and develop a hypothetical product for presentation at the end of the term as a result of all the class lessons. Prerequisite: BUSORGA Prerequisite to: MARKET2, PRCACM1, STRAMAN Salesmanship and Sales Management (MARKET2). The course introduces the business student to the concept of Selling and Sales Management. Of all the different departments in a business, it is only the sales department that is specifically established to generate revenue through the products and services of the organization. The student is given a proper appreciation of the Sales function, introduced to the concepts behind effective selling technique, and an overview of the Sales Management function as it relates to the entire organization. Part of the subject is the Learning By Doing Program where the students are required to sell from a selection of product from various companies which are accredited by a committee composed of faculty and students. A quota representing 25% of the final grade is given so that the students have a sales target to aspire for. The actual selling function is replicated as the practice of submitting sales reports and being part of a sales team is replicated in class. Prerequisite: MARKET1 Prerequisite to: MARKET3, PRCACM Product Marketing (MARKET3). A course on product planning and development. The study covers all functions involved in the formulation of product policies and the development of a marketing plan. The plan includes the elements of product and product design, principles and techniques of branding, labeling, standardization, quality control, introduction of new products, modification or elimination of old ones. It also covers the strategies for pricing, advertising, sales promotion, distribution, publicity, and social responsibility. This subject serves as the integrating course for Marketing Management majors. Prerequisite: MARKET2 Prerequisite to: PRCACM3 ACM-P003-2 Page 5

7 3.4 Computer Applications Computer Applications 1 (LBYBUS1). This is a course for business management students to introduce the basic computer concepts. This course is designed to provide students with a broad understanding of information technology and its importance to business environment. Prerequisite: None Prerequisite to: LBYBUS Computer Applications 2 (LBYBUS2). This is an advanced computer course for students to gain expert level competence of microsfot word, excel and powerpoint. 3.5 Economics Prerequisite: LBYBUS1 Prerequisite to: PRCACM1* (forthcoming) Basic Microeconomics (ECONONE). The course introduces students to basic microeconomics. It focuses on individual decision-making units like the consumer and suppliers. It is also deals with trends that affect particular business firms, workers, or regions in the economy. Prerequisite: COMALGE Prerequisite to: ECONTWO Introduction to Macroeconomics (ECONTWO). This course is an introduction to macroeconomics, which will provide students with sufficient understanding of the definition and determinants of aggregate variables in the economy. After a quick review of the fundamental principles of economic analysis, including graphing and theoretical concepts, the rest of the term will focus on learning the tools of macroeconomics, exploring the role of fiscal policy in stabilizing the economy, and studying functions of money and how it can be used as a policy tool in achieving a country s macroeconomic goals. Armed with the basics, the succeeding sessions will be devoted to deeper discussions of issues involving unemployment and inflation, government budget deficits, exchange rates, the open economy and other current policy concerns. ACM-P003-2 Page 6

8 Prerequisite: ECONONE Prerequisite to: CONADEV Contemporary National and Economic Development (CONADEV). This course is designed as an introduction to the multidimensional aspects of the development process and the practical problems or issues involved in boosting the rate of economic growth in low-income countries. The course provides a thorough discussion of economic growth models as well as a critical analysis of these models in the context of developing country experience. An in-depth analysis of critical socio-economic issues will also be consistently conducted in order to foster critical thinking, generate more pragmatic insights and instill much needed awareness about the development process in LCDs as well as its social, economic and moral implications. Reference to Philippine development experience will be made throughout the duration of the course. 3.6 Finance Prerequisite: ECONTWO Financial Management 1 (FINMAN1). This is a basic course in Financial Management. It provides students with the basic principles, techniques and analytical tools needed in conducting financial analysis, in evaluating and forecasting a business firm s financial performance and in managing working capital, with focus on cash, marketable securities, accounts receivable, inventories and short tem financing sources. Prerequisite: ACTBAS2 Prerequisite to: FINMAN Financial Management 2 (FINMAN2). The course is a continuation of Financial Management 1. It covers the more complex aspects of financial decisions such as medium to long term investments, capital budgeting under uncertainty, debt versus equity financing, cost of capital, dividend decisions, valuation, and stock options/warrants These concepts are applied to financial and non-financial enterprises. Prerequisite: FINMAN1 Prerequisite to: STRAMAN ACM-P003-2 Page 7

9 3.7 Law Obligations and Contract (OBLICON). Provides an understanding of the basic concepts and principles of law in general. A student learns his/her rights and obligations in relation to acts and omissions, thereby reinforcing the value of keeping contractual and legal obligations in the development of a more socially responsible person. Prerequisite: None Prerequisite to: PARTCOR Partnerships and Corporation (PARTCOR). This course will focus on the legal requirements for the formation of partnerships and corporations as juridical entities, their powers, management, and dissolution. The rights and liabilities of the members composing the business organization, whether as partners, stockholders, officers, or directors, are also studied. Important judicial doctrines in corporate law are also tackled in this course. Prerequisite: OBLICON Business and Income Taxation (BUCOTAX). The course is principally a study of the basic principles of Taxation, Income Taxation, Estate and Donor s taxes and the different business and transfer taxes imposed under the National Internal Revenue Code (NIRC). The first part is aimed at situating Taxation as a law in the context of the Philippine legal system and introduces the student to the concept of Taxation and its significance as a State Power. It also seeks to thoroughly acquaint the student with the general principles of Taxation. The second part is primarily devoted to the study of the concept of Income and Income Taxation; business taxes specifically, Value-Added Tax (VAT), as well as other business taxes namely: excise taxes, other percentage taxes, documentary stamp taxes, and community tax certificate. Prerequisite: OBLICON Sales, Agency, and Bailment (SALESBA). This is a course offered to accounting majors where the principles, rights and obligations arising from a sales contract are studied. Moreover, the various types of bailments used in business are covered. ACM-P003-2 Page 8

10 Prerequisite: OBLICON 3.8 Management Science (MANASCI). A study of the quantitative methods for decision-making. The course covers linear programming models and other special algorithms, inventory and production models; decision-making process under certainty, uncertainty and risk; decision tree construction and analysis; network models; PERT and CPM; business forecasting models; and computer application. Prerequisite: BUSCALC, CBESTA1 Prerequisite to: OPERMAN 3.9 Operations Management (OPERMAN). A course introducing the students to management tools related to production and operations including concepts in value analysis and appropriate technology as applied to small- and medium-scale industries. Prerequisite: MANASCI Prerequisite to: PRCACM2 ACM-P003-2 Page 9