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    Mississippi College
   
 
  Apr 15, 2021
 
UNDERGRADUATE CATALOG 2015-16 
    
UNDERGRADUATE CATALOG 2015-16 [Archived Catalog]

School of Business


Dean

Marcelo Eduardo, Dean
Professor (1997)
601.925.3420
eduardo@mc.edu

Michele Ricker, Assistant Dean
Advisor and Coordinator (2009)
601.925.3925
mricker@mc.edu

Support Staff

Shea Elkins
Administrative Assistant to Dean and MBA Evaluator
(1976)
601.925.3214
elkins@mc.edu

Jennifer Bount
Administrative Assistant and Marketing Coordinator
(2014)
601.925.7749
jablount@mc.edu

Faculty

Nancy L. Anderson
Assistant Professor (2008)
601.925.7094
nanderso@mc.edu

Tammy Y. Arthur
Associate Professor (2005)
601.925.3414
arthur@mc.edu

Sheree Corkern
Assistant Professor (1986)
601.925.3422
corkern@mc.edu

Robert Michael Cudd
Professor (2003)
601.925.3974
cudd@mc.edu

Marcelo Eduardo
Professor (1997)
601.925-3420
eduardo@mc.edu

Kristena Gaylor
Assistant Professor (2012)
601.925.3414
gaylor@mc.edu

Bryan Hayes
Associate Professor (2000)
601.925.3816
bhayes@mc.edu

Sara Kimmel
Assistant Professor (2010)
601.925.7774
kimmel@mc.edu

Mark McComb
Associate Professor (1996)
601.925.3947
mccomb@mc.edu

Mark Morgan
Assistant Professor (2006)
601.925.3896
morgan@mc.edu

Billy Morehead
Associate Professor (2011)
601-925-7742
morehead@mc.edu

Debbie Norris
Associate Professor (1984)
601.925.3260
dnorris@mc.edu

Sandra Parks
Assistant Professor (1976)
601.925.3417
sparks@mc.edu

Kevin Pauli
Associate Professor (2007)
601.925.7734
pauli@mc.edu

Robert Perkins
Assistant Professor (2013)
601.925.7356
rperkins@mc.edu

Brooks Poole
Instructor (2009)
601.925.3885
vpoole@mc.edu

Retha Price
Assistant Professor (2006)
601.925.7744
rprice@mc.edu

Charles Randle
Instructor (2014)
crandle@mc.edu

Randall Robbins
Professor (1984)
601.925.3416
rrobbins@mc.edu

Lloyd Roberts
Professor (1982)
601.925.3461
lroberts@mc.edu

Charles Edgar Sentell
Associate Professor (1998)
601.925.3418
sentell@mc.edu

Christopher Smith
Instructor (2008)
601.925.3412
csmith@mc.edu

Stephen Trouard
Assistant Professor (2007)
601.925.7735
trouard@mc.edu

Rice P. York, Jr.
Professor (2003)
601.925.3419
ryork@mc.edu

History

What is now the School of Business began in 1946 when an instructor was given permission to teach non-credit typing and shorthand courses in the basement of Chrestman Hall. The success in the non-credit courses inspired the institution to appoint a full-time business professor and add several business courses. By 1955, the business department had four full-time faculty members and a major. In the fall of 1959, the institution combined the Department of Business and the Department of Economics into the Division of Business and Economics. After consolidation, the division had 200 majors and five full-time faculty members.

In the early 1960s, the division added accounting courses to its curriculum. Also the division began offering evening courses. Students responded favorably to the additional courses and the evening offerings, and the division began experiencing double-digit growth. In 1964, the institution constructed Self Hall. Most of the building was dedicated to the Division of Business. In 1967, the Division of Business added the Master of Business Administration targeted at metropolitan-area professionals seeking an evening graduate program. The program was an immediate success.

The Division of Business continued growing, and in 1975, the Division became the School of Business. All of this was due to the tremendous dedication of Dr. D. Gray Miley.

Mission and Goals

The Mississippi College School of Business mission is to provide a quality business education in a Christian environment.

We serve undergraduate and graduate students from the region providing a setting where Christian values are emphasized through ethical awareness, biblical principles and a supportive faculty.

In this environment, the school seeks to prepare students with a sound understanding of essential business principles, effective communication skills, and an appreciation for social responsibility and ethical values.

The school is committed to academic quality through effective teaching, relevant programs, and faculty scholarship through contributions to practice, learning and pedagogy, and discipline-based research.

Accreditation

Mississippi College, through its School of Business, is nationally accredited by the Association of Collegiate Business Schools and Programs to offer the following business degrees:

The Bachelor of Science in Business Administration (B.S.B.A.).
The Master of Business Administration (M.B.A.).

Facilities

The School of Business Administration is housed in Self Hall on the Mississippi College campus. This building was made possible by a grant of funds from the Self Foundation of Marks, Mississippi. The building has the office space, classrooms, seminar rooms, laboratories and equipment necessary to provide the implementation of quality educational programs.

Undergraduate Programs

The School of Business Administration offers programs of study leading to the degree of Bachelor of Science (B.S.B.A.) in Business Administration. Within this degree, majors are available in Accounting, Business Administration, Marketing, and Finance.

Transfer Student Requirement

At least 50 percent of transfer student’s 300-400-level business courses required for their business degree must be taken at Mississippi College.

Double Majors in Business

Students wishing to earn two business majors within their BSBA can do so by completing the requirements for one degree and one major (130 hours) plus completing the requirements for their second major (21 or 24 hours depending on the major). The minimum number of hours required for a double major in business is 151 or 154 hours.

Minors

The School of Business offers minors in Business Administration, Marketing, Accounting, Finance and International Business. Business majors may choose a minor in any of these areas in which they do not major.

European Study

The School of Business at Mississippi College recommends that students utilize their elective courses to study in Europe during the summer through its membership in a consortium. The center in Vienna, Austria, offers a three-week course (3 hours credit) in international business followed by the five-week courses offered in London, England, with an international emphasis in accounting, economics, finance, insurance, management, and marketing (3 to 6 hours credit). The schedule is structured to encourage study in both Vienna and London although students may choose either.

Information and applications can be obtained in the Business School Administration Office in Self Hall, Telephone: 601.925.3214.

Certificate Program

The purpose of a certificate program is to provide an area of concentration in the School of Business for individuals with a bachelor’s degree. Persons wishing to change their career or acquire additional skills may be interested in this type of program. Upon completion, a certificate will be awarded and recorded on the transcript. A certificate program is offered in accounting.

Graduate Programs

Master of Business Administration (M.B.A.)

The M.B.A. program consists of thirty semester hours of graduate work and is offered at night. The program was designed for persons who are working and wish to continue their education at night.

In addition to the traditional M.B.A. described above, an M.B.A. with an Accounting Concentration is offered for students with an interest in advanced work in the field of accounting. Those planning to take the C.P.A. exam may complete the required courses and hours with this program. An MBA with a Finance concentration is also offered for students with an interest in advanced work in the field of Finance.

A joint J.D./M.B.A. is offered as an option for Mississippi College School of Law students. It has been designed especially for a person who wishes to complete both degrees while attending law school.

Programs

Bachelor of Science in Business Administration

Minor

Certificate

Courses

Accounting

Economics

Finance

  • FIN 240 - Personal Finance

    Credits, 3 sem. hrs.
    Financial planning for individual: budgeting, taxes, banking, insurance, housing, and investments.

  • FIN 341 - Business Finance

    Credits, 3 sem. hrs.
    Prerequisite(s): ACC 201  and  ACC 202  
    Corequisite(s):   or  
    An introduction to financial management principles. Emphasis on analysis of financial statements, time value of money concepts, security valuation principles, risk and return relationships, and the capital budgeting process.

  • FIN 342 - Money and Financial Institutions

    Credits, 3 sem. hrs.
    Prerequisite(s): ECO 231 .
    The history, theories, and functions of monetary systems and their relation to the economic order.

    [Crosslisted as: ECO 332 ; therefore, students taking FIN 342 for credit cannot receive credit for ECO 332 .]
  • FIN 440 - Short-Term Financial Management

    Credits, 3 sem. hrs.
    Prerequisite(s): FIN 341 .
    An overview of short-term finance. Emphasis placed on making decisions about cash, credit extension and collection, payables, bank relations, short-term investing and borrowing and the development of near-term financial plans.

  • FIN 441 - Investments

    Credits, 3 sem. hrs.
    Prerequisite(s): FIN 341 .
    An introduction to investments. The study and application of the investment environment (markets, instruments, institutions), risk and return relationships, portfolio diversification, market efficiency, mutual funds, security analysis, valuation, and allocation.

  • FIN 443 - Advanced Business Finance

    Credits, 3 sem. hrs.
    Prerequisite(s): FIN 341 .
    A continuation of FIN 341 . Major topics include capital structure, dividend policy, long-term financing, working capital management, failure and reorganization, and international finance.

General Business

  • GBU 151 - Business Skills for Life

    Credits, 3 sem. hrs.
    A study of the basic business principles and skills necessary for individuals to function effectively at home, in the workplace and in the community. Topics covered include: retirement, insurance decisions, mortgages, budgeting, and career planning.

  • GBU 251 - Business Statistics I

    Credits, 3 sem. hrs.
    Prerequisite(s):  
    An introduction to the application of statistical methods to business and organizational problems.

  • GBU 321 - Business Communications

    Credits, 3 sem. hrs.
    Prerequisite(s): ENG 101 , ENG 102 .
    Principles and applications in letter and memo writing, career research, and employment communications. Other topics include international, interpersonal, and oral communications, and legal and ethical communication guidelines.

  • GBU 342 - Real Estate Finance

    Credits, 3 sem. hrs.
    Prerequisite(s): GBU 353 , FIN 341 .
    Principles and methods of real estate finance, source of funds, financing instruments, institutions, and analysis.

  • GBU 343 - Real Estate Sales

    Credits, 3 sem. hrs.
    A study of real estate professionalism and ethics; characteristics of successful salespersons; time management; psychology of marketing; listing procedures; advertising; negotiating and closing; financing; and the deceptive trade practice act, consumer protection act, and the Uniform Commercial Code.

  • GBU 352 - Principles of Risk and Insurance

    Credits, 3 sem. hrs.
    Insurance is one of the nation’s largest industries in terms of revenue and employment and it can provide challenging and rewarding career opportunities for college graduates. Consequently, Principles of Insurance is a basic course offered in most business programs at colleges and universities. This course will provide students with an overview of the concept, and practices in the insurance industry.

  • GBU 353 - Real Estate Principles

    Credits, 3 sem. hrs.
    Prerequisite(s): Junior standing.
    A study of various fields that comprise real estate, as well as the relationship of economics, business, finance, law and government to real estate.

  • GBU 354 - Real Estate Law

    Credits, 3 sem. hrs.
    Prerequisite(s): Junior standing.
    A study of the principles of real estate law.

  • GBU 355 - Global Dimensions of Business

    Credits, 3 sem. hrs.
    A broad survey of the international aspects of business and the challenges of globalization.

  • GBU 451 - Business Law and Ethics

    Credits, 3 sem. hrs.
    Prerequisite(s): Junior standing.
    A study of domestic and international law. Topics include property law, contracts, administrative law, constitutional issues, and ethics.

  • GBU 452 - Business Law II

    Credits, 3 sem. hrs.
    Prerequisite(s): GBU 451 .
    A study of the domestic and international principles of law relating to property, business documents, negotiable instruments, organization forms, and statutory constraints on business.

  • GBU 456 - Faith and Business Ethics

    Credits, 3 sem. hrs.
    Prerequisite(s): Junior or Senior standing.
    Overview of the fundamental concepts and principles of business ethics. The class provides an application of ethical principles in a business setting. Emphasis is on introducing basic ethical definitions and principles, case studies and practical approaches to recognize and solve ethical dilemmas within a Christian foundation.

  • GBU 460 - Internship in Business

    Credits, 3 sem. hrs
    Prerequisite(s): Junior/Senior Standing.
    A semester-long supervised work experience during the junior/senior year. This hands-on experience with a business organization is designed to provide opportunities for students to gain practical experience in the field of business. Internship site must be approved by the Faculty Internship Coordinator.

Management

  • MGT 371 - Principles of Management & Organizational Behavior

    Credits, 3 sem. hrs.
    An introduction to management theory and practice through the study of (1) the basic functions of management - planning, organizing, leading, and controlling - and (2) individual and group behavior. Focused on preparing the student to respond effectively to a dynamic, global business environment.

  • MGT 454 - Entrepreneurship

    Credits, 3 sem. hrs.
    Prerequisite(s): ACC 202 .
    A survey of all aspects of entrepreneurship including: role in the economy, establishing the entrepreneurial venture, funding, identifying opportunities and developing a business plan.

  • MGT 473 - Quantitative Business Modeling

    Credits, 3 sem. hrs.
    Prerequisite(s): FIN 341 ; GBU 251 ; MIS 327  and   or   with a grade of C or higher.
    Quantitative Business Modeling is an applications course designed to prepare the student for data analysis and decision making in the modern organization. The course begins by preparing the student to conduct fundamental data analysis, proceeds to develop the analytical and modeling skills required for decision analysis (strategies and methods for optimization, queuing, and simulation) and concludes with the basic skills necessary for managing technical projects. Along the way, the student will apply the skills learned to situations in management, finance, marketing, operations, accounting, and human resources management. The course makes extensive use of spreadsheet analysis (Microsoft Excel) and spreadsheet add-ins.

  • MGT 474 - Human Resources Management

    Credits, 3 sem. hrs.
    Prerequisite(s): MGT 371 .
    A study of personnel management concepts and techniques, including recruitment and placement, training and development, and compensation, to provide the student with a practical working knowledge of the processes involved in managing the human resources of an organization in a dynamic business environment.

  • MGT 475 - Production and Operations Management

    Credits, 3 sem. hrs.
    Prerequisite(s): GBU 251 ; MGT 371  and   or   with a grade of C or higher.
    A study of the role of operations management in manufacturing and service firms. Special emphasis is placed on key topics in the fields of cost accounting, general management, industrial engineering, and quantitative methods.

  • MGT 499 - Strategic Management

    Credits, 3 sem. hrs.
    Prerequisite(s): ACC 202 ; ECO 232 ; FIN 341 ; MGT 371 ; MKT 381 ; must be taken in last 30 hours.
    The capstone course for the undergraduate business school curriculum that integrates the fundamental aspects of business (marketing, finance, accounting, economics, operations) into a coherent view of management. Through the case analysis method, students study the role of strategy in the management of large and small firms and investigate the principles and practices that lead to successful organizations, both public and private. The final project is a formal classroom presentation where students must demonstrate proficiency in both oral and written communication skills as they present the results of group and individual research applying the principles learned during the semester.

Management Information Systems

  • MIS 099 - Spreadsheet Proficiency Requirement

    Credits, 0 sem. hrs.
    This requirement is met by earning a passing score on the Spreadsheet Proficiency Exam (MIS 099) which will be shown on the permanent records as “CR” for MIS 099, or by earning a grade of C or higher in the three hour course MIS 226 .

  • MIS 226 - Business Software Skills and Applications

    Credits, 3 sem. hrs.
    A study and application of the basic skills needed in using current business software packages, including spreadsheet management. Classroom lecture will be supplemented with laboratory and tutorial work. MIS 226 satisfies the spreadsheet proficiency requirement with a grade of C or higher. Students who fail the SPE (MIS 099 ) once may take MIS 226 to satisfy the spreadsheet proficiency requirement; students who fail the SPE twice must take MIS 226.

  • MIS 327 - Introduction to Management Information Systems

    Credits, 3 sem. hrs.
    Prerequisite(s): MIS 099  or MIS 226 
    Introduction to Management Information Systems is a lecture and application based courses that provides an introduction to the basics of information technology and its role in the organizational framework. The student will be provided with a background into the field of Information Systems and will be asked to apply the skills and techniques discussed in class in a variety of assignments.

Marketing

  • MKT 381 - Marketing Principles

    Credits, 3 sem. hrs.
    An introductory overview of the marketing process, including segmentation and target market selection, marketing mix development, and marketing strategy with emphasis on the interaction with the business environment. Global impact, social responsibility and ethics, technology, and other macromarketing issues are included.

  • MKT 383 - Personal Selling

    Credits, 3 sem. hrs.
    Prerequisite(s): MKT 381 .
    An application-based course that addresses all aspects of the sales process. Students will improve verbal and written communication skills through mock sales situations, role-playing and product demonstrations. Students will participate in a self-development project that is designed to build self-esteem and confidence. Ethical dilemmas relating to salespeople will be extensively discussed.

  • MKT 429 - Marketing Research

    Credits, 3 sem. hrs.
    Prerequisite(s): MKT 381 ; GBU 251 .
    The study and application of techniques used to conduct systematic qualitative and quantitative business research. The course teaches a basic research process that includes characterizing business problems or opportunities and developing research objectives, designing a research methodology to address the research objectives, conducting the research in a systematic fashion, and using the tools of statistics to analyze and report the research results.

  • MKT 481 - Consumer Behavior

    Credits, 3 sem. hrs.
    Prerequisite(s): MKT 381  or instructor’s consent.
    The strategic implications of the internal, external, and decision-making factors which impact consumer purchasing patterns with emphasis on managerial applications.

  • MKT 482 - Retailing & E-Commerce

    Credits, 3 sem. hrs.
    Prerequisite(s): Marketing Principles.
    Retailing and E-Commerce examines the strategic and tactical decisions retailers make and the concepts, practices and technology they use in making those decisions. The course introduces students to the many ways in which information technology and the Internet can be used to enhance retail operations. Both store-based and web-based retail businesses are examined. While the course focuses on the retail industry, the content of the course is useful for students interested in working for companies that interface with retailers such as manufacturers of consumer products or for students with an entrepreneurial interest.

  • MKT 485 - Integrated Marketing Communications

    Credits, 3 sem. hrs.
    Prerequisite(s): MKT 381 .
    An application-based study of marketing communications tools including advertising, promotions, direct marketing, personal selling, and public relations, and their coordination and integration into a unified program designed to influence a firm’s marketing channel, customer, and internal constituencies.

  • MKT 486 - Marketing Strategy

    Credits, 3 sem. hrs.
    Prerequisite(s): MKT 381 .
    An application of marketing concepts and skills within the business environment. Using computer simulations, students analyze data, make decisions, implement solutions, and evaluate results. The course provides an illustration of the effects of marketing planning, implementation, and control on the total business system.