DEPARTMENT OF BUSINESS ADMINISTRATION BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION Program Description The B.Sc. Business Administration degree program is designed to prepare graduates for employment in the business industry as business executives. The program provides broad based knowledge, skills attitudes for its students in areas such as economics, finance, human resources and marketing; with emphasis on the management of manufacturing and service operations, project management, supply chain analysis, inventory management, logistics planning, advertising and public relations, decision science, and management strategies. The program aims at preparing individuals for the rapid change that characterizes the 21 st century business world. Program Objectives This program seeks to Produce graduates with strong quantitative and research foundations as the next generation of strategic business leaders. Produce administrators who could work in all areas of management, whether positioned as strategic, tactical, or operational managers, or entrepreneurs. Produce administrators who will be able to pursue continuing education. Student Learning Outcomes At a successful completion of the program, students are expected be able to: Identify and communicate the variety of risks and opportunities of doing business in the globally competitive market space. Demonstrate knowledge of the principles of management in administering the affairs of a business. Demonstrate their knowledge of technological and analytical tools used to aid decision making and solving complex problems in organizations. Identify and evaluate ethical issues arising from business operations and articulate defensible resolution for practical situations involving financial, human resources and marketing managements. Demonstrate competency in managing and applying business principles and strategies to various types of business in various conditions. Demonstrate skills and teamwork in a variety of domains.
Curriculum Requirements Candidates enrolling for the Bachelor of Science (B.Sc.) degree program in Business Administration are expected to successfully complete the course requirements below to be eligible for graduation. TU General Education Courses (18) 52 credits College Specific required Courses (7) 21 credits Elective courses (at least 2) 12 credits Professional Courses (18) 57 credits Total 16 credits Core Requirements: MATH 101: College Algebra, Trigonometry and Geometry MATH 102: Finite Mathematics ENG 101 & 102: Communication Arts 1 & II ENG 10: Technical Writing III ENG 104: Phonetics and Public Speaking SSC 101: Introduction to Liberian Society HIST 101: Liberian History and Geography HIST 102: African and World History & Western Civilization PSY 101: Introduction to Psychology BIO 101: General Biology CHEM 101: Principles of Chemistry CSE 101 & 102: Computer Literacy 1 & 2 LANG 101 & 102: Introduction to Foreign Language I & II PEDD 101 & 102: Physical Fitness I & II ACCT 201 & 202: Principles of Accounting I & II ECON 201 & 202: Principles of Economics I & II ECON 20: Quantitative Techniques to Business and Economics Analysis MGT 202: Principles of Management PADM 202: Introduction to Public Administration
Concentration Requirements: MGT 01: Organization Behavior MGT 07 & 08: Principles of Business Law I & II BFN 01: Financial Management ECON 1 & 14: Economics and Business Statistics I & II MGT 02: Human Resource Management BUS. 04: Marketing Management BUS. 14: Operation Research BUS 401: Business Policy and Strategy BUS 407: Production & Operation Management BUS 409: Advertising & sales Promotion BUS 41: Retail Management BUS 420: Purchasing Administration & Material Management BUS 408: International Marketing BUS 400: Business Ethics BUS 422: Quality Management BUS 40: Thesis Research Electives ACCT 01 & 02: Intermediate Accounting I & II ACCT 0 & 04: Cost Accounting I & II ECON 11: Money, Banking and Monetary Theory ECON 01 & 02: Intermediate Microeconomic Analysis I & II ECON 0 & 04: Intermediate Macroeconomic Analysis I & II ECON 15: Managerial Economics BFN 0 & 04: Investment Theory and Analysis ACCT 14: Managerial Accounting ECON 01 & 02: Intermediate Microeconomic Analysis I & II ECON 0 & 04: Intermediate Macroeconomic Analysis I & II MGT 06: Introduction to Electronic Data Processing ACCT 401 & 402: Advanced Accounting I & II ACCT 40 & 404: Auditing I & II ECON 401 & 402: Advanced Microeconomic Analysis I & II BFN 401: Advanced Corporate Finance ECON 40 & 404: Advanced Macroeconomic Analysis I & II BUS 41: Retail Management BUS 411: Entrepreneurship and Small Business Management BUS 409: Advertising & Sales Promotion MGT 407: Manpower Planning BUS 41 Retail Management BFN 404: Treasury Management MGT 416: Project Management
BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION FIRST YEAR Code Courses Credit Code Courses Credit ENG 101 Communication Arts ENG I02 1 Communication Arts 2 MATH MATH Geometry with Algebra 101 102 Trigonometry BIO 101 General Biology or BIO 101 General Biology I or /CHEM Principles of 4 / CHEM Principles of Chemistry I 4 101 Chemistry I 101 HIST101 HIST African and World Liberian History and 102 History & Western Geography Civilization PED 101 Physical Fitness I 1 PED 102 Physical Fitness II 1 SSC 101 Introduction to PSY 101 Introduction to Liberian Society Psychology CSE 101 Computer Literacy 1 CSE 102 Computer Literacy 2 Total 20 Total 20 SECOND YEAR Code Courses Credit Code Courses Credit ENG 10 EVNS 201 LANG 101 ACCT 201 ECON 201 ECON 20 Technical Writing III ENG 104 Introduction to Environment LANG 102 French / Glebo / ACCT Chinese 202 Principles of ECON Accounting I 202 Principles of Econ I MGT 202 Quantitative PADM Techniques for 202 Business & Econ. Phonetics & Public Speaking French / Glebo / Chinese Principles of Accounting II Principles of Econ II Principles of Management Introduction to Public Admin. Total 18 Total 18
THIRD YEAR: BUSINESS ADMINISTRATION Code 1 st Semester Credit Code 2 nd semester Credit Course Courses MGT 01 Organizational MGT 02 Human Resource Behavior Development MGT 07 Principles of Business MGT 08 Principles of Business Law I Law II BFN 01 Financial Management BUS 04 Marketing Management ECON Business & Econ. BUS 14 1 Statistics I Operation Research Elective ECON Business & Econ. 14 Statistics II Elective Elective Total 18 Total 18 FOURTH YEAR: BUSINESS ADMINISTRATION Code 1 st semester Credit Code 2 nd semester Credit Courses Courses BUS 401 Business policy & BUS 400 Strategy Business Ethics BUS 407 Production & Operation BUS 408 International Marketing Management BUS 409 Advertising & Sales BUS 420 Purchasing Admin. & Promotion Material MGT BUS 40 Thesis Research 6 Elective Total 18 Total 15 Course Descriptions BUS 04 - Marketing Management credits The course introduces the students to marketing, some of its basic principles and functional dimension as well as its role in society. It focuses on the firm s analysis, planning and control of policies and strategies of marketing as it relates to market segmentation and measurement, product development, pricing promotion and distribution. Text cases and class projects are utilized. Prerequisite: Junior standing. BUS 14 - Operation Research credits The course explored quantitative techniques used to arrive at strategic business decisions. Topics include the methodology of decision-making, Markov chain
analysis, transportation model, game theory, linear programming, network model, queuing theory and inventory model. Prerequisite: ECON 20. BUS 00 - Business Ethics credits This course is about ethical, legal and human relations dimensions of the business and not-profit environment. Prerequisite: Senior standing. BUS 401 - Business Policy and Strategy credits This course gives an overview of strategies engaged by management in decisionmaking and policy-making. It includes a study and discussion of the cases relating to policy formulation at the top managerial level. Basic economic, industrial and competitive considerations affecting policy implementation strategy in corporation long range development will be explored. Practice in analyzing companies, evaluating problems and making decisions. Prerequisite: Senior standing. BUS 407 - Production and Operations Management credits The principles of production management as they relate to product research and development, product design, facility design and layout, capacity planning, worker health and safety, inventory planning and control systems, cost control. Emphasis is placed on the methodologies and techniques of production and operations planning. Prerequisite: BUS 14 BUS 408 - International Marketing credits International marketing planning: market selection, demand analysis, product planning and adoptions, channel selection, pricing and promotion, cultural, political, economic and legal environment of international markets: export transaction, activities of multinational corporations. Prerequisite: Senior standing. BUS 409 - Advertising and Sales Promotion credits The course focuses on the planning, organization, and the control of advertising and sales promotion with the firm. It goes on to examine concepts and theories from behavioral sciences, useful for the understanding and prediction of market place behavior and demand analysis. Topics include objectives setting, copy decisions media decisions. Other topics are socio-economic issues of advertising and sales promotion. Prerequisite: BUS 04. BUS 411 - Small Business and Entrepreneurial Management credits This integrative course is geared towards motivating and assisting the students to bring to bear all the skills acquired in other disciplines to start and successfully
manage their own business. Main features of the course include analysis of the characteristics of entrepreneurs, analysis of key sources of business of business opportunities. It assesses feasibilities of ventures, sources of seed capital for small business and the critical problems and opportunities in successfully managing a small business. Prerequisite: senior standing. BUS 41 - Retail Management credits The course is an analytical study involving cases of retailing, stressing managerial functions, retail organization, location, layout, and policies, pricing, brands, credits, records, purchasing, personnel administration, and the administration of retail store. Prerequisite: BUS 04. BUS 420 - Purchasing Administration and Material Management credits This course explores the fundamentals of purchasing and materials management, inventory and material control, specifications and standards, pricing policies, quality control, value analysis, layout and location system, storage and preservation methods. Prerequisite: BUS 407. BUS 422 - Quality Management credits The course is an integrated study of quality issues in the entire supply chain. The course will emphasize the continuous improvement of business processes, as well as the design, establishment, evaluation, and improvement of quality systems in the supply chain. Issues on quality system certification to meet industry and international standards shall also be addressed. Prerequisite: BUS 407. BUS 40 - Thesis Research credits An independent research conducted under close supervision of one of the faculty staff of the Department in partial fulfillment of the requirements for successful graduation. Prerequisite: ECON 14.