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2006-2007 University Catalog

Martin V. Smith School of Business and Economics

Programs Offered

  • Bachelor of Arts in Economics
  • Bachelor of Science in Business
  • Emphasis in Entrepreneurship
  • Emphasis in Global Business
  • Emphasis in Marketing
  • Minor in Business Management
  • Minor in Economics
  • Certificate in Business Administration
  • Master of Business Administration (MBA)

The Business and Economics Program has a liberal arts and interdisciplinary focus. It is built on the three Cs: critical thinking, cooperation (working with others), and communication (oral and written English). Students learn the fundamental principles of accounting, economics, finance, information systems, management, and marketing as applied in a variety of organizational settings. A distinguishing aspect of the Business and Economics Program is the requirement to take courses developed in conjunction with disciplines outside the traditional business curriculum. Examples include courses with Biology, Chemistry, Education, English, Fine Arts, and History.

In addition, a Capstone Course provides students with the opportunity to integrate their knowledge through a Global Strategy Simulation exercise. To foster an integrative and cross disciplinary experience in a relevant business area, students are required to select one of three emphases: Entrepreneurship, Global Business or Marketing. All emphases draw on upper-division courses from accounting, economics, management and marketing to offer an in-depth perspective into three critical areas of business. We anticipate enhancing the curriculum with additional emphasis choices as the program grows.

The Bachelor of Arts in Economics focuses on the integration of core economic analysis with relevant interdisciplinary applications. The degree develops analytical tools and communication skills in the context of economic theory and its linkages to a broad array of human decisions. Economics, as a social science, seeks to explain and predict the behavior of consumers, producers, managers, government officials and citizens by examining the interactions of incentives and constraints in an environment of ever-present scarcity of time, skills and resources. Microeconomics focuses on the choices of individuals and firms, as well as their role in the marketplace, while macroeconomics aggregates economic activity to the national level to analyze trends and fluctuations in overall economic activity. The Bachelor of Arts in Economics program offers flexibility and opportunity through its emphases: general, environmental resource, international, managerial or quantitative economics. These emphases allow students to pursue specific interests and maximize connections to disciplines related to economics.

Careers [top]

The Business and Economics Program prepares students to work in a variety of organizations - both public and private. The Bachelor of Science degree prepares students for several types of graduate and professional school studies: MBA, MPA, law school.

The Bachelor of Arts degree also prepares students for careers in both the public and private sectors. It can also prepare students for graduate study in such fields as economics, business, resource management, public administration, law, and international affairs.

Program Learning Outcomes for Business and Economics [top]

  • Prepare students for employment in a variety of public and private organizations.
  • Prepare students for further study in graduate or professional schools.
  • Demonstrate critical thinking skills by identifying, evaluating, synthesizing, and presenting issues related to accounting, economics, finance, information. systems, management and marketing.
  • Demonstrate communication skills by writing excellent reports and papers and making effective oral presentations in English.
  • Demonstrate cooperation skills by working effectively with others in group settings - both inside and outside the classroom.

Faculty [top]

William P. Cordeiro, Ph.D.
Professor of Management
Chair, Business & Economics Program
Director, MBA Program
Sage Hall, Room 237
Phone: (805) 437-8860
Email: william.cordeiro@csuci.edu 

Dennis Muraoka, Ph.D.
Professor of Economics
Sage Hall, Room 240
Phone: (805) 437-8861
Email: dennis.muraoka@csuci.edu 

Paul Rivera, Ph.D.
Assistant Professor of Economics
Academic Advisor for Business & Economics
Sage Hall, Room 214
Phone: (805) 437-8988
Email:paul.rivera@csuci.edu

Ashish Vaidya, Ph.D.
Professor of Economics
Sage Hall, Room 217
Phone: (805) 437-8986
Email:ashish.vaidya@csuci.edu

Contact Information [top]

http://business.csuci.edu
http://econ.csuci.edu

Requirements for the Bachelor of Arts in Economics (120 Units) [top]

Class Requirements Units
Lower Division Required 9-10
Upper Division Required 15-16
Required Emphasis 15-20
General Education 48
American Institutions 6
Free Electives 21-27
Total 120

Lower Division Requirements (9-10 units)

ECON 110 Principles of Microeconomics (3)
ECON 111 Principles of Macroeconomics (3)
MATH 140 Calculus for Business Applications (3)
or
MATH 150 Calculus I (4) 

Upper Division Requirements (15-16 units)

ECON 310 Intermediate Microeconomics (3)
ECON 311 Intermediate Macroeconomics (3)
MATH 329 Statistics for Business and Economics (3)
or
MATH 352 Probability and Statistics (3)
ECON 488 Applied Managerial Econometrics (4)
ECON 499 Capstone (3)
Note: Students selecting the Quantitative Economics emphasis must take MATH 352 Probability and Statistics (3) instead of MATH 329.

Required Emphasis (15-20 units)

Economics majors are required to complete one of the following five emphases:

1. General Economics Emphasis

(15 units: 3 lower division and 12 upper division)

Lower Division

ACCT 210 Financial Accounting (3)

Upper Division

A minimum of 4 upper division courses in economics (or approved courses outside of economics) as follows:

At least two courses must be taken from cross-disciplinary courses offered by economics
(ECON 330-349 and 430-449).

 A minimum of three economics courses at the 400 level are required.

 ECON 300, 492, and 497 may not be taken to meet the requirements of the economics major. 

2. Environmental Resource Economics Emphasis

(15 units: 3 lower division and 12 upper division)

Lower Division

ESRM 100 Introduction to Environmental Science and Resource Management (3)

Upper Division

ECON 464 Natural Resource Economics(3)
ECON 400+ Elective Course (3)
ECON 362 Environmental Economics (3)
or
ESRM 329 Environmental Law and Policy (3)
Choose one of the following:

ECON 400+ Elective Course (3)
ESRM 410 Environmental Impact Assessment (3)
ESRM 462 Coastal and Marine Management (3)
ESRM 463 Water Resources Management (3)
ESRM 464 Land Use Planning and Agricultural ? Management (3)
ESRM 482 Issues in Environmental Planning and ? Resource Management (3)
ESRM 483 Issues in Global Resource Management (3)

 Econ 300, 492, and 497 may not be taken to meet the requirements of the economics major.

3. International Economics Emphasis

(20 units: 8 lower division and 12 upper division units)

Lower Division

A minimum of 2 courses in the same foreign language or equivalent [for example, SPAN 101 (4) and 102 (4)].
Note: This requirement represents one additional course beyond the CSUCI foreign language requirement.

Upper Division

A minimum of 4 upper division courses in economics (or approved courses outside of economics) as follows:
ECON 471 International Trade (3)
ECON 473 Economic Development (3)
Choose two of the following:
ECON 370 The World Economy (3)
ECON 472 International Macroeconomics (3)
ESRM 483 Issues in Global Resource Management (3)
POLS 328 United States Foreign Policy (3)
A minimum of three courses at the 400 level are required.

 Econ 300, 492, and 497 may not be taken to meet the requirements of the economics major.

4. Managerial Economics Emphasis

(15 units: 3 lower division and 12 upper division)

Lower Division

ACCT 210 Financial Accounting (3)

Upper Division

A minimum of 4 upper division courses in economics (or approved courses outside of economics) as follows:

FIN 300 Business Finance (3)
ECON 320 Money and Banking (3)
or
ECON 329 Managerial Economics (3)
ECON 471 International Trade (3)
or
ECON 472 International Macroeconomics (3)

 At least one course must be taken from cross-disciplinary courses offered by economics (ECON 330-349 and 430-449).

 A minimum of two economics courses at the 400 level are required.

 Econ 300, 492, and 497 may not be taken to meet the requirements of the economics major.

 Note: Students selecting this emphasis must take either ECON 320 or 329, but may not take both courses for credit in the major.

5. Quantitative Economics Emphasis

(19 units: 10 lower division and 9 upper division)

Lower Division

MATH 151 Calculus II (4)
MATH 250 Calculus III (3)
MATH 240 Linear Algebra (3) 

Upper Division

A minimum of 3 upper division courses in economics (or approved courses outside of economics) as follows:

 At least one courses must be taken from cross-disciplinary courses offered by economics (ECON 330-349 and 430-449).

 MATH 429 Operations Research (3) may be taken to meet this requirement.

 A minimum of two economics courses at the 400 level are required.

 Econ 300, 492, and 497 may not be taken to meet the requirements of the economics major.

 

Note: To meet the calculus and statistics requirement, students selecting this emphasis must take MATH 150 and MATH 352.

Required Supporting and Other GE Courses (75-81 units)

General Education (48)
American Institutions (6)
Free Electives (21-27)

Requirements for the Bachelor of Science Degree in Business (120 units) [top]

Lower Division Requirements (21-22 units)

ACCT 210 Financial Accounting (3)
ACCT 220 Managerial Accounting (3)
BUS 110 Business Law (3)
COMP 101 Computer Literacy (3)
ECON 110 Principles of Microeconomics (3)
ECON 111 Principles of Macroeconomics (3)
MATH 140 Calculus for Business Applications (3)
or
MATH 150 Calculus I (4) 

Upper Division Required Major Courses (36 units)

ACCT 300 Applied Managerial Accounting (3)
BUS 320 Business Operations (3)
MIS 310 Management Info Systems (3)
ECON 310 Intermediate Microeconomics (3)
or
ECON 329 Managerial Economics (3)
ECON 311 Intermediate Macroeconomics (3)
or
ECON 320 Money and Banking (3)
ENGL 483 Technical Visual Communication (3)
FIN 300 Business Finance (3)
MATH 329 Statistics for Business & Economics (3)
MGT 307 Management of Organizations (3)
MGT 326 Scientific and Professional Ethics (3)
MKT 310 Principles of Marketing (3)
BUS 499 Capstone: Global Strategic Simulation (3) 

Upper Division Interdisciplinary Major Courses (6 units)

BUS/ BIOL 331 Biotechnology in the 21st Century (3)
BUS 334 The Business of Art (ART) (3)
BUS 340 Business and Economics in American Literature (ECON/ENGL) (3)
BUS 341 Drug Discovery & Development (ECON/CHEM) (3)
BUS 342 The Zoo: Conservation, Education and Recreation (ECON/BOL/EDUC) (3)
BUS 349 History of Business and Economics in North America (ECON/HIST) (3)
BUS 434 The Museum: Culture, Business & Education (ART/EDUC) (3)
ECON 343 Capital Theory (FIN) (3)

 

Emphasis

Must Select 1 or 2 or 3 (15 units each)

1. Entrepreneurship Emphasis

BUS 341 Drug Discovery & Development (3)
ECON 411 Economics of Entrepreneurship (3)
MGT 325 Entrepreneurial Management (3)
MKT 411 New Product Development and Management (3)
Electives (3)

2. Global Business Emphasis

ACCT 410 International Accounting (3)
MGT 310 Management of International Business (3)
MKT 410 International Marketing Management (3) 
Select two from the following:

ECON 370 The World Economy (3)
ECON 471 International Trade (3)
ECON 472 International Macroeconomics (3)
Electives (3)

3. Marketing Emphasis

MKT 311 Consumer Behavior (3)
MKT 409 Marketing Research (3)
MKT 410 International Marketing and Management (3)
MKT 411 New Product Development and Management (3)
Electives (3)

Required Supporting and other GE Courses (48 units)
Upper Division Interdisciplinary course outside Business Major (3)
American Institutions (6)
Other GE Courses in Categories A-E (39)

 

Requirements for the Minor in Business Management (21 units) [top]

The minor in Business Management offers students a foundation in principles related to managing people. The minor stresses critical thinking and the application of management concepts in a variety of organizational environments. The minor provides non-business majors with a basic understanding of management issues.

Lower Division Requirements (9 units)

ACCT 210 Financial Accounting (3)
BUS 110 Business Law (3)
ECON 110 Principles of Microeconomics (3) or
ECON 111 Principles of Macroeconomics (3) or
ECON 300 Fundamentals of Economics (3) 

Upper Division Requirements (12 units)

Choose from the following:
BUS 320 Business Operations (3)
BUS 420 Cases in Strategy (3)
BUS 424 Business, Government and Society (3)
MATH 329 Statistics for Business & Economics (3)
MGT 307 Management of Organizations (3)
MGT 310 Management of International Business (3)
MGT 325 Entrepreneurial Management (3)
MGT 326 Scientific and Professional Ethics (3)
MGT 421 Human Resource Management (3)
MKT 310 Principles of Marketing (3)
MKT 311 Consumer Behavior (3)

 

Requirements for the Minor in Economics (21-22 units) [top]

The economics minor familiarizes students with the tools of economics analysis, and applies these tools to economic decisions made by individuals in their personal and professional lives, and to the workings of national economies and the world economy.

Careers

The economics minor is suitable for students desiring careers in all fields of business, education, journalism, law and government.

Lower Division Requirements (6-10 units)

ECON 110 Principles of Microeconomics (3)
ECON 111 Principles of Macroeconomics (3)
or
ECON 300 Fundamentals of Economics (3)
Note: If ECON 300 is taken in place of ECON 110 and 111, an additional 3 unit course must be taken from upper division electives.

MATH 140 Calculus for Business Applications (3)
or
MATH 150 Calculus I (4) 

Upper Division Requirements (6 units)

ECON 310 Intermediate Microeconomics (3)
or
ECON 329 Managerial Economics (3)
ECON 311 Intermediate Macroeconomics (3)
or
ECON 320 Money and Banking (3) 

Electives (6-9 units)
Additional upper divisions course in economics.
(Minimum total of 21 units)

For Business Majors only
Courses used to fulfill Upper Division Interdisciplinary and Emphasis requirements may not be used (double counted) for ECON minor electives.

 

Post-Baccalaureate Certificate in Business Administration [top]

The Certificate in Business Administration provides basic business skills to post baccalaureate and graduate students. The certificate program is suitable for: (i) Business professionals who wish to update their knowledge, skills, and abilities; (ii) Managers in science, technology, or engineering who seek a business orientation; (iii) Individuals making a transition into a managerial position; (iv) Individuals returning to the workforce, or considering a career change; (v) Those without an undergraduate degree in business who are considering an MBA. The program provides the essentials of business administration to students with limited or no formal business education. The coursework completed under this Certificate fulfils the prerequisite course requirements for the MBA Program. Courses offered under the Certificate may be delivered partially via distance education and consist of four 3-unit courses and one 4-unit course for a total of 16 units.

Prerequisite

A Bachelor's degree in any field OR consent of advisor.

Requirements for certificate (16 units)

BUS 500 Economics for Managers (3)
BUS 502 Quantitative Methods for Decision-Making (3)
BUS 504 Introduction to Accounting & Finance (4)
BUS 506 Principles of Management and Marketing (3)
BUS 508 Business Ethics and Law (3)

 

Master of Business Administration (MBA) [top]

(Pending approval from the Chancellor's Office and offered through California State University Channel Islands Extended Education Program)

CSUCI's MBA Program is designed to develop business leaders capable of working in an increasingly multicultural and global environment. Key elements include:

  • Learning Community/Cohort Experience
  • Evening Classes
  • Online Foundations of Business courses
  • Focus on International Business and Entrepreneurial
  • Innovation
  • Study Abroad Option
  • Real-World Orientation

The MBA Curriculum

The curriculum is comprised of three parts: Foundations of Business (0-16 semester units), Required Core (24 semester units), and Electives (9 semester units) for a total of 33-49 semester units.

Foundations of Business

The Foundations of Business courses provide the theoretical concepts and quantitative tools that form the basis for making business decisions. These courses are designed to provide students with a general understanding of accounting, economics, finance, ethics and law, statistics, management, and marketing. Some or all of these courses may be waived depending upon the applicant's undergraduate degree and coursework. Students with a bachelor's degree in business from CSUCI or from other accredited institutions within the last 10 years will have met the Foundations of Business requirements. Individual business courses taken as an undergraduate student at CSUCI or another institution may also meet specific Foundations requirements. Upon acceptance to the program, a student's transcripts will be reviewed for completion of the necessary coursework for mastery of the Foundations of Business. A grade of “C” or better is required to meet the criteria.

Required Core

The core MBA courses are presented in a cross-functional, integrative manner that provides a comprehensive view of the structure of business operations. Students learn to analyze business from a variety of perspectives. The seven core courses provide the skills and competencies students will need to be effective business leaders in the 21st century. A distinguishing aspect of the MBA Program is its focus on entrepreneurship and global business awareness. The Capstone Course (BUS 570) provides students with the opportunity to integrate their knowledge through an International Business Simulation exercise.

Electives

With advisor approval, students will choose 9 additional units of upper-division or graduate level courses.

Faculty and Contact Information

William P. Cordeiro, Ph.D.
Professor of Management
Director, MBA Program
Sage Hall, Room 237
Phone: (805) 437-8860 Fax: (805) 437-8951
Web Page: http://www.csuci.edu/FacultyBiographies/Cordeiro,William%20P
Email: william.cordeiro@csuci.edu 

Mary Fleck, Ph.D.
Associate Director, MBA Program
Sage Hall, Room 224
Phone: (805) 437-3269
Fax: (805) 437-8951
Email: mary.fleck@csuci.edu

Requirements for the Master of Business Administration (33-49 units)

Foundations of Business (0-16 units)

BUS 500 Economics for Managers (3)
BUS 502 Quantitative Methods for Decision-Making (3)
BUS 504 Introduction to Accounting and Finance (4)
BUS 506 Principles of Management and Marketing (3)
BUS 508 Business Ethics and Law (3)

Required Core (24 units)

BUS 510 High Performance Management (3)
BUS 520 Strategy and Leadership (3)
BUS 530 Managing Business Operations (3)
BUS 540 Financial Reporting and Analysis (3)
BUS 550 The Contemporary Firm (3)
BUS 560 The Entrepreneurial Manager (3)
BUS 570 Competing in a Global Environment (6)

Electives
With advisor approval, 9 units of upper-division or graduate-level courses.

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