Business & Economics

http://www.whitworth.edu/school-of-business/

The Whitworth School of Business is comprised of the following programs: the undergraduate department of business & economics' bachelor of business administration (BBA) program with concentrations in accounting, economics, finance, management and marketing, as well as undergraduate minors in general business, accounting and leadership; the business management program for the adult learner seeking a baccalaureate degree offered in conjunction with the Whitworth School of Continuing Studies; and the master of business administration (MBA), master of business leadership (MBL), and master of science in financial planning (MSFP) graduate programs.

The Whitworth School of Business provides an education of mind and heart in the liberal arts tradition based on Christian principles. We develop adept professionals engaged with their communities through a curriculum emphasizing faith and learning, critical thinking, communication and global awareness.

To accomplish this purpose, the Whitworth School of Business:

  1. Recruits and retains diverse faculty and staff committed to Christian principles (the WSB believes that teaching excellence, research and practical experience are essential dimensions of the learning experience and education process).
  2. Conducts research and other professional engagement to inform our teaching that is of interest to scholars, students, and/or organizations.
  3. Fosters and maintains a learning environment that emphasizes the following elements:
  • The integration of Christian faith and learning including the reflective lens of ethical principles in business
  • Critical thinking and application of theory/knowledge of essential business and economic concepts
  • Content emphasizing effective written and oral communication skills that help students/graduates function professionally and responsibly
  • Forming knowledgeable students in the complexities of global markets

Student Learning Outcomes in the School of Business:  

Bachelor of Business Administration (BBA)

Communication Skills 
Our students will be professionally competent in written and oral communication skills.

Ethics 
Our students will utilize ethical decision-making processes.

Critical Thinking Skills 
Our students will make objective and informed business decisions.

Global/International 
Our students will be well-versed in global perspectives.

School of Business Residency Policy:  

The Whitworth School of Business requires that students complete at least 50 percent of all upper-division core business courses and at least 50 percent of their concentration-requirement courses at Whitworth University.

Double-Count Policy:  

Students who pursue more than one BBA concentration cannot double-count a course toward multiple concentration requirements except in the following specific situation:

  1. BU 377 Financial Statement Analysis can count toward both the accounting and finance concentrations.

Students who add the accounting minor to another BBA concentration cannot double-count a course toward multiple requirements except in one of the following specific situations:

  1. BU 377 Financial Statement Analysis can count toward the finance concentration and as an elective course toward the accounting minor.
    OR






  2. Any ONE accounting minor elective course can also count toward the nine credits required for the BBA business core electives.

"Double-count" means one course fulfills two different program requirements. Students will not receive a double number of credits.

Business Management Degree Program:

For program and course description information, see Undergraduate Adult Degree Programs.

BU Courses

BU 120 Career & Vocation Development3
For continuing studies students only.,,This course assists students in recognizing,career,potential, providing tools for making decisions,to,meet educational and occupational objectives.,Students will gain an understanding of how they,contribute to and help shape the work,environment.,Topics include job and employer research; resume,development and interviewing skills;,understanding,work-place personality; and skills for,organization and self-management.
BU 218 Marketing3
Introduction to how organizations find, attract,and retain customers via the use of the marketing,mix in an increasingly competitive and global,environment. Also listed as EP 218. Fall and,spring semesters.
BU 230 Financial Accounting and Analysis3
A study of the fundamental processes of,accounting applied to services and merchandising,proprietorships, partnerships and corporations.,Analyzing, classifying and recording business,transactions; preparation and analysis of,financial statements. Course utilizes Excel. CS,125 recommended. Fall and spring,semesters.
BU 231 Managerial Accounting3
Introduction to ways in which management uses,accounting information for planning, pricing and,controlling and for many special decision-making,situations. Prerequisites: BU 230 and departmental,math requirement. Fall and spring semesters.
BU 240 Business Law3
A consideration of the laws affecting business,transactions. Introduction to law, court systems,,torts, criminal law, sales and real property. Fall,and spring semesters.
BU 250 Leading Organizations3
This course provides a comprehensive review of,essential leadership theories, tools, and,applications. It will focus on the theory and,fundamental concepts of leadership by studying,adaptive and servant-leadership. This theory and,the servant-leadership philosophy examine,leadership from a faith perspective, as well as,study the life and leadership of Nelson Mandela.,We will also participate in three community,meetings and/or community-based projects. Current,understanding and definitions of leadership will,be challenged and discussed in this course. Fall,or spring semester.
BU 274 Principles of Management3
A study of the theory and practice of management,of organizations, with emphasis on strategy,,structure, effective use of human resources,,planning, organizing, integrating and controlling,functions. Fall and spring semesters.
BU 301 Consumer Behavior3
A study of factors that influence the buying,behavior of consumers. The relationship between,understanding these variables in selected markets ,and an effective marketing effort will be ,emphasized. Prerequisite: BU 218 and departmental,math requirement. Spring semester.
BU 302 Social and Ethical Issues in Business,and Economics3
Contemporary social, political, environmental and,ethical forces affecting today's business and,economic world. Seminar format. Dialogue with top,local business, government and union leaders. Also,listed as PH 350. Fall and spring semesters.
BU 303 Human Resources: Strategy & Development3
For continuing studies students only. A,comprehensive review of the HR functions within,organizations. Key areas of focus include:,strategic workforce planning, assessment of,learning & development goals, talent acquisition,systems, and an overview of strategic HR data,analytics and measurement. Also addressed are the,design, communication and evaluation of,compensation & benefits systems.
BU 305 Dean's Executive Leadership Series3
This course explores the various ways that,individuals become successful business leaders.,Each week will consist of a lecture and a,discussion led by a top executive from the,Spokane community. The speakers will share their,professional biographies - how they got their,start, what happened to them, successes and,failures, and what they are doing now. They will,also tell us what they have learned about,marketing, management, leadership, and life,during their careers. Finally, they will provide,suggestions and guidance to help you successfully,navigate the cross-currents of the business,world. Prerequisite: Junior or senior standing.,Fall and spring semesters.
BU 310 Influence and Negotiation3
Influence and negotiation are both important parts,of our professional and personal experiences.,Career success is often linked to the ability to,successfully and ethically influence others. This,course will focus on understanding and developing,skills in the following content areas: personal,sources of influence, expressions of social,influence, and negotiation. Your goals for this,class should be, not only to gain a theoretical,understanding of influence and negotiation, but,also to take away some practical information that,could benefit your professional life in a number,of different contexts.
BU 311W Principles of International Business3
Introduction to and survey of the complex business,and economic issues in an international commercial,environment. Includes exposure to global,marketing, management, finance, economics and,accounting issues, integration of cross-cultural,communications, history, politics, religion,,gender and equity issues, and culture around the,globe. Fulfills Shared Curriculum Culture and,Diversity requirement. Prerequisites: BU 218, EL,211, EC 211 and departmental math requirement. MA,158 or MA 171 recommended if declared Economics or,Finance concentration. Fall and spring semesters.
BU 314 Introduction to Operations Management,and Six Sigma Green Belt3
For continuing studies students only. This course,will examine the concepts, processes, and methods,of managing and controlling operations in,manufacturing or service settings at the,introductory level. Current issues such as 8,Wastes, supply chain strategy, quality plans, and,systems thinking are discussed. At the conclusion,of this course, students will be prepared to take,the Six Sigma Green Belt exam.
BU 318 Applied Marketing3
For continuing studies students only. Successful,organizations need to find, attract and retain,customers. This course teaches students to apply,marketing fundamentals in an increasingly,competitive and global environment.
BU 320 Fraud Examination3
In this course students will learn about the,nature of fraud, its perpetrators and the,compelling factors that lead to fraud. Students,will evaluate various fraud schemes, prevention &,detection methods, and the legal implications for,companies and criminals. Prerequisite: BU 230,,departmental math requirement and junior standing.,Periodic Jan Term offering.
BU 321 Business of Brewing3
For continuing studies students only. This course,surveys the business side of operating a brewing,facility. Theoretical business foundations and,frameworks will be examined and then applied to,existing and/or new brewing operations, and,real-world business information and operational,advice will be exchanged with brewing,professionals.
BU 321A Business of Brewing0
For continuing studies students only. This course,surveys the business side of operating a brewing,facility. Theoretical business foundations and,frameworks will be examined and then applied to,existing and/or new brewing operations, and,real-world business information and operational,advice will be exchanged with brewing,professionals.
BU 323 Career Management & Development3
This course will address professional and,personal development for students interested in,pursuing careers in business. Throughout the,course students will learn tangible skills needed,to succeed in the business world while,implementing ways to integrate their Christian,faith into their vocation. Students will become,familiar with the current hiring environment and,explore ways to be the most competitive and,prepared candidate post-graduation. Periodic Jan,Term offering.
BU 324 Sports Marketing3
This course will introduce and educate students to,the ever-expanding world of sports marketing.,Students will learn about the major players,,business models, and direction of the industry.,Periodic spring offering.
BU 325 Gender Issues in Leadership3
This course examines leadership and management,from a gender-based perspective with the goal of,providing tools for addressing challenges facing,women in the workplace. Topics include pay,inequity; glass ceiling; stereotypes;,mentoring/networking; psychology of leadership,acceptance; differences in leadership styles; and,organizational culture, policy, and practices,related to gender equality. Also listed as WGS,325. Periodic Jan Term offering.
BU 326 The Small Business Entrepreneur3
For continuing studies students only. This course,covers all aspects of business start-up beginning,with identifying a product, selection of an,entity, business and marketing plans. The tax,environment of business will be explored.,Investigating financial viability and researching,types and sources of funding will be an integral,part of the curriculum. Students who want to,understand all pieces of starting a business from,scratch or expanding their small start-up should,take this course.
BU 327 Introduction to Time Value of Money1
For continuing studies students only. This course,presents an introduction to the time value of,money. Through a set of exercises and problems,students learn about compound interest, present,and future values, annuities, loans and bonds. ,Topics in capital budgeting are presented which,include NPV & IRR. Students also compute the,weighted cost of capital and use it to evaluate,projects.
BU 330 Fund Accounting and Budget Management3
For continuing studies students only. Overview of,the accounting procedures associated with,governmental and agency needs. Preparation of,required reports and related documents; special,focus on monitoring performance.
BU 331 Project Management and Six Sigma Black,Belt3
For continuing studies students only. This courses,discusses the factors necessary for successful,project management and Six Sigma mastery. Topics,include project management concepts, needs,identification, the project manager, teams,,project organizations, project communications,,project planning, scheduling, control and,associated costs. Project management software,tools will be an integral part of the course.,Following this course and the capstone project,students will be eligible for a Six Sigma Black,Belt.
BU 332 Cost Accounting3
Emphasis on the mechanics and applications of,accounting principles and concepts for planning,,control and decision-making, cost behavior,,cost-volume-profit relationships, responsibility,accounting, standard costing, budgeting, relevant,costing for non-routine decisions, and capital,budgeting. Prerequisites: BU 230, BU 231,,departmental math requirement and junior standing.,Fall or spring semester. Periodic offering.
BU 333 Accounting Systems and Theory3
Foundations of accounting concepts and theories,with emphasis on the role of information in,decision making within and about organizations.,Introduction to accounting systems controls and,designs. Prerequisites: BU 230, BU 231, CS 125 and,departmental math requirement. Fall or spring,semester. Periodic offering.
BU 334 Intermediate Accounting I4
Modern accounting theory and practice. Analysis of,the determination of income and asset evaluation.,Analysis of financial statements; special,financial accounting and reporting problems.,Explores both U.S. GAAP and IFRS guidelines.,Prerequisites: BU 230, BU 231 and departmental,math requirement. Fall semester.
BU 335 Intermediate Accounting II4
Second semester of modern accounting theory and,practice. Analysis of the determination of income,and asset evaluation. Analysis of financial,statements; special financial accounting and,reporting problems. Explores both U.S. GAAP and,IFRS guidelines. Prerequisites: BU 334 and,departmental math requirement. Spring semester.
BU 336 Introduction to Taxation4
A study of the concepts involved in determination,of federal income tax liability, preparation of,tax returns, individual tax problems and tax,planning. Prerequisites: BU 230, departmental,math requirement and junior standing. Fall,semester.
BU 337 Microsoft Project Workshop1
For continuing studies students only. An optional,workshop offered concurrently with BU 331 that,introduces students to Microsoft Project,software. Students work independently in a,computer lab on a series of increasingly,difficult exercises using the most widely,accepted project management software. Using,Microsoft's Project 2010 Step by Step workbook,,the students completes a series of 12 problems,that gradually increase from simple to complex.,These Microsoft-developed problems are designed,to challenge the student while also helping them,explore the feature-rich Microsoft Project 2010,software product. Instructor support is available,before or after class and on an as needed basis.
BU 338 Voluntary Income Tax0-2
Students apply knowledge and skills learned from,coursework to a service context preparing federal,tax filings for low-income and elderly taxpayers.,Students qualify by exam for the IRS and are,technically trained on tax software for,preparation and e-filing. Jan Term and spring,semester. Prerequisite: BU 336.
BU 343 Market Research3
A study of contemporary methods of gathering,,analyzing and interpreting marketing information ,and how such information can be used in ,organizational decision-making. Prerequisites: BU,218, MA 256 and departmental math requirement.,Fall semester.
BU 348 Business Analytics3
Solutions to business problems using the,computerized spreadsheet, elementary database and,presentation software. Prerequisite: CS 125.,Periodic offering.
BU 350 Leadership of the Self3
An in-depth, reflective course focusing on,leadership of the self and the creation of,flourishing relationships in familial,,organizational, and societal contexts. This course,applies concepts from family systems theory and,servant leadership to help students develop a,clear, non-anxious leadership style, enabling them,to manage conflict in organizations. Students,engage in a practical application of course tools,to an organization in which they belong. Topics,covered include leading in relationships with,others, managing toxic triangles, and maintaining,a sense of separateness while remaining connected,in systems of emotional anxiety. Fall or spring,offering.
BU 352 Human Behavior in Organizations3
For continuing studies students only. This course,is designed to provide theoretical perspectives,and empirical knowledge regarding human behavior,as it relates to the organization. Emphasis is,placed on the impact and implications of,individual values, perceptions, motivation,,diversity, growth and development as they relate,to organizational culture and expectations.
BU 353W Organizational Development and Change3
For continuing studies students only. This course,examines organizational theory, development and,change from several different perspectives, or,frames: (1)structural, (2)human resources,,(3)political, and (4)symbolic. Leadership,,development of organizational strategies, and,objective goal-setting will be explored.
BU 354 Management of Human Resources3
For continuing studies students only. A,contemporary view of human-resource management.,Emphasis is placed on the basic function of,human-resource management, i.e., planning,,recruitment, diversity, selection, training,,performance appraisal, compensation and,union/management relations.
BU 355 Managerial Accounting and Finance3
For continuing studies students only. This course,will examine "the language of business" and,provide an overview of key accounting and,financial information that will assist managers,in making sound business decisions that are based,on standard financial analysis methods. Students,will learn to read and understand business,financial statements.
BU 356 Managerial Marketing3
For continuing studies students only. A study of,the working knowledge of marketing management and,learning to think strategically and to apply,marketing theory in a manner that aligns,marketing initiatives with market opportunities.,Students will be able to understand the,functional strategies and marketing plans to,optimize customer and organizational value.
BU 357 Financial Management3
Analysis of role of chief financial officer. Study,of the tools of financial analysis and,decision-making. Emphasis on management of,revenues and expenses, assets and liabilities.,Information about raising of capital from the,sale of stocks and bonds. Prerequisites: BU 231,and departmental math requirement. MA 158 or MA,171 recommended if declared economics or finance,concentration. Fall and spring semesters. Finance,concentration students must take fall semester of,junior year or earlier.
BU 358 Credit Risk Management3
As new trends continue to shape the field of,finance, unique opportunities and different,necessary skill sets emerge. Specifically, this,course will develop the expertise necessary for,Credit Risk Assessment and Loan Evaluation;,aka Commercial Lending.
BU 360 Managing Nonprofit Organizations3
For continuing studies students only. Designed,for individuals who work or desire to work in a,nonprofit environment and seek to gain,understanding and sill relating to effective,management of these entities. Students will,explore the legal, administrative and,organizational issues surrounding not-for-profits,and how to use management theory to increase,productivity and delivery of services to the,community.
BU 361 Lean Management and Six Sigma Yellow,Belt3
For continuing studies students only. This course,explores streamlining business processes through,the application of quality management and Six,Sigma principles to create globally competitive,business entities. The course takes concepts,beyond the factory floor to service and retail,environments; it is designed for anyone who is,interested in a career in management of either a,for-profit or not-for-profit entity. At the,conclusion of this course students will be,prepared to take the Six Sigma Yellow Belt exam.
BU 362 Biotechnology Entrepreneurship3
This interdisciplinary course offers an exciting,look into the world of biotechnology,entrepreneurship targeted at business and biology,majors. Students will examine how biotech,companies are formed and run based on major,problems in human health and agriculture. We will,emphasize how biotechnology entrepreneurs frame,their unique value propositions for potential,investors, and in teams, students will create,original biotech solutions which will be formally,pitched to a panel of biotech industry experts.,The course experience offers a unique view of,science for business students and important,exposure to the business side of science for,biology majors.
BU 363 Small Business Management3
Comprehensive coverage of all the operational,areas involved in selecting and getting a business,started. Business plans, funding, and market,analysis are included. Local resources to share,opportunities and problems. Prerequisites: BU 230,,EC 210 or EC 211, departmental math requirement,and junior standing. Periodic offering.
BU 365 Management Information Systems3
At the end of this class, students will have an,overall understanding of how information systems,work and will be able to address information,system issues facing businesses today from a,managerial, organizational, technological, and,ethical standpoint. Students will be exposed to,basic database management systems and data,communication systems as well as more advanced,information technologies, such as enterprise,resource planning systems, and business,intelligence. Prerequisite: CS 125 and,departmental math requirement. Periodic offering.
BU 367 Fundamentals of Investing3
This course will provide the student with a solid,foundation of the core investment concepts and,tools. The course will cover the overall structure,of the market and study equities, fixed income,,options, mutual funds, commodities/futures as well,as some alternative investments. The course will,also look at risk and return and the modern,portfolio theory. The course will consist of,lecture, discussion, presentations and guest,lecturers. Must have met departmental math,requirement. Spring semester. Finance,concentration students should take spring semester,of junior year.
BU 372 Risk Management3
For continuing studies students only. Risk,management professionals look at specific,projects or initiatives, assess the potential,damage that could occur to any involved parties,and set plans for dealing with it. This course is,designed to be an introduction to the practice of,predicting risks and preparing steps to minimize,the damage to an organization if certain events,happen. Topics such as natural disasters,,computer safety or equipment failure will be,discussed. Students seeking careers in management,of any type of entity will be benefited by the,material presented in this course.
BU 373 Human Resource Management3
Changes in our social and economic environment,have resulted in changes in the management of an,organization's human resources. This course is,designed to provide a contemporary view of human,resource management. Emphasis is placed on the,basic functions of human resource management,,i.e. planning, recruitment, selection, training,,performance appraisal, compensation, and,union/management relations. Fall and spring,semesters.
BU 376 Global Operation/Supply Chain Management3
Decision-making involving the management of all,aspects of operations in both large-and ,medium-sized business organizations and in ,product and service companies. Study of the,quantitative tools used in making these analyses,and decisions. Prerequisites: junior standing and,departmental math requirement. MA 256 recommended.,Fall and spring semesters.
BU 377 Financial Statement Analysis3
This course will provide you with tools to analyze,and exploit information in corporate financial,statements. The course will teach you how to use,financial statement information for firm valuation,and other economic decisions. The course will also,help you understand and analyze the issues that,corporate managers face as they design and,implement financial reporting strategies,,increasing your ability to assess accounting,quality, and detect and undo earnings management.,Prerequisites: BU 231, BU 357 and departmental,math requirement. MA 158 or MA 171 recommended if,declared finance concentration. Spring semester.,Finance concentration students must take spring,semester of junior year.
BU 380 Real Estate Investing3
The course helps students to understand the risks,and rewards associated with investing in and,financing both residential and commercial real,estate. The concepts and techniques discussed in,the course are used in many careers related to,real estate. Topics include Mortgage Loans,,Residential Housing, Income-Producing Properties,,Financing Real Estate Development, Alternative,Real Estate Financing, Portfolio Analysis and Real,Estate Funds. Prerequisites: BU-357 recommended,,but not required.
BU 381 International Business Abroad3
Establishes a basic understanding of the theory,and practical application of the "hows" and,"whys",of a particulate international culture abroad,,particularly as it relates to the historic,,present and future challenges of that economy and,to doing business with various people groups at,home and abroad. Business models unique to,non-American cultures will be explored in depth.
BU 387 Financial Institutions & Markets3
The course will analyze the risks faced by,investors and savers interacting through both,financial institutions and financial markets. It,will examine strategies that can be adopted to,control and better manage these risks. Special,emphasis will be put on new areas of operations in,financial markets and institutions such as asset,securitization, off-balance sheet activities and,globalization of financial services. Must have met,departmental math requirement. Finance,concentration students should take junior year.
BU 402 International Management3
Principles of management in the international,environment. Strategic planning and,decision-making in such areas as international,marketing. Concepts of organizational design,,leadership and control. Prerequisite: BU 311W.,Periodic offering.
BU 406 Entrepreneurship3
The course will provide an in-depth study of the,business plan, its production and importance in,today's business environment. The student will,work in a team with faculty and outside mentor,support to develop a plan that could be entered,into the regional competition. An important goal,of the course is to provide the student with the,understanding of the relationship between theory,and actual business operations as they develop,and present their plan. Fall semester.
BU 410 Business Strategy Capstone3
Capstone course for business majors, integrating,the functions of marketing, operations and,finance from the strategic vantage point of the,general manager. Prerequisites: BU 357, and,senior standing. Fall and spring semesters.
BU 411 Human Resources: Compliance & Risk,Management3
For continuing studies students only. Topics,include job analysis and documentation, employee,records management, key legislation on employee,rights (EEO, affirmative action, discrimination,and harassment), with particular emphasis given,to diversity & inclusion, risk management, and,corporate social responsibility. The impact of,key federal laws and regulations on occupational,health, safety and security will also be covered.
BU 425 Organizational Behavior3
A general descriptive and analytical study of,organizations from the behavioral science,perspective. Problems of motivation, leadership,,morale, social structure, groups, communications,,hierarchy and control in complex organizations.,Interaction among technology, environment and,human behavior. Alternate theoretical models.,Prerequisite: BU 274. Fall,and spring semesters.
BU 434 Advanced Accounting I3
Emphasis on intercorporate investments and,preparation of consolidated financial statements.,Introduction to advanced topics and current,problems in financial accounting, partnership,accounting, report theory and practice, including,foreign currency transactions. Prerequisites: BU,334 and BU 335. Periodic offering.
BU 435 Governmental and Not-For-Profit,Accounting3
A study of accounting and financial reporting,standards for governmental and not-for-profit,organizations. Prerequisite: BU 335. Periodic,offering.
BU 436 Advanced Taxation3
A continuing study of the concepts involved in,determination of federal income tax liability and,preparation of tax returns. Partnership and ,corporate tax problems, tax planning,,introduction to tax research included.,Prerequisite: BU 336. Periodic offering.
BU 444 Digital Marketing3
An examination of the buying/selling/distribution,of products, services and information via digital,technologies. Students will gain understanding of,retail/organizational web site design issues,,online consumer behavior, online customer,service, and online order and fulfillment.,Prerequisite: BU 218. Periodic offering.
BU 448 Integrated Marketing Communication3
An in-depth study and application of the role,,theory, tools, planning and management of,integrated marketing communications. Students ,will explore communication with customers using ,various components of the promotional mix through, multiple channels such as television, radio, ,print, direct marketing, outdoor and digital.,Prerequisite: BU 218. Fall semester.
BU 451 Thinking Like a Leader3
This leadership course is centered around the,ideas and leadership of Aristotle, Plato,,Shakespeare, Thoreau, Emmerson, Dr. King and,Lincoln. The classics have much to say about,current and complex challenges individuals and,organizations face today. While many leadership,theorists have been inspired and relied on the,theories of the classics; this course goes,directly to the source of some of the most,compelling ideas about leadership. The ability to,critical think is fundamental to leading both,individuals and organizations. Fall or spring,semester.
BU 457 Employment Laws and Regulations3
For continuing studies students only. An,exploration of employment laws and regulations as,they relate to avoiding claims for wrongful,termination, ensuring equal employment,opportunity, understanding affirmative action,obligations and developing sound human resource,policies and practice.
BU 458 Strategic Management3
For continuing studies students only. This course,examines the nature of competition and,competitive advantage that are the foundations of,business strategy. Theories and frameworks to,support the analysis and formulation of,successful business strategies are reviewed and,applied to a broad range of industries and firms.
BU 461 Ethics in Management3
For continuing studies students only. This course,will raise foundational issues in connection with,ethical values, and will apply those values in,the context of organizations. Ethical principles,and the process of applying those principles will,be addressed, integrating Christian principles,with standard ethical inquiry.
BU 463 Project Management3
In this course we review best practices in,project management, methodologies and techniques,for project initiation, project planning, and,project control. Throughout we will emphasize,the interplay of people, process, and technology,that results in well-rounded project management,excellence. A combination of simulation,,Microsoft Project, and student-developed plans,will be used. Prerequisite: BU 274. Fall or spring,semester. Periodic offering.
BU 466 Principles of Auditing3
Standards, objectives and ethics for auditors in,public accounting. Reporting standards, internal,control, evidence and statistical sampling.,Prerequisite: BU 334. Spring semester.
BU 467 Advanced International Corporate Finance3
This course will study capital investment,decisions and project analysis as well short term,financial planning and management. The course will,study the foundations of international management,which include foreign exchange exposure and,management. The course will also study how,international firms manage their businesses which,include FDI, capital structure, capital budgeting,and management and multinational cash management.,Prerequisites: BU 377. Fall semester. Finance,concentration students must take fall semester of,senior year.
BU 476 Accounting Current Topics3
Course explores current topics in accounting and,their application to business settings. Students,will gain a comprehensive overview of accounting.,Periodic offering.
BU 477 FORAD: Multi-National Finance3
This course applies the theories of managerial,and international finance to the problems of,multinational treasury management. Topics include,issues and techniques in multinational funds,transfers; identifying and measuring foreign,exchange and interest rate risk; multinational tax,planning; managing foreign exchange and interest,rate risk; hedging instruments, including forward,contracts, options, and swaps; and financially,engineered synthetics. Students also manage the,financial functions of a computer-simulated,multinational corporation, construct a biennial,report summarizing their management results, and,present oral reports to a board of directors,consisting of professors and invited business,professionals. Prerequisite: BU 467. Spring,semester. Finance concentration students must take,spring semester of senior year.
BU 489 Marketing Strategy3
An integrative experience that allows students to,understand the relationships between various,aspects of marketing and other functional areas,of business. Students will study the development,of comprehensive marketing plans. Prerequisite:,BU 218 and senior standing. Spring semester.
BU 490 Internship1-12
See information on Directed Studies page.

EC Courses

EC 210 Principles of Microeconomics3
Economics of the consumer and the firm, principles,of market supply and demand and the determination,of prices, analysis of competitive, monopolistic,and oligopolistic markets, labor and other,resource-input markets. Fulfills Social Science,shared curriculum requirement. Fall and spring,semesters.
EC 211 Principles of Macroeconomics3
Examination of problems of unemployment,,inflation, productivity, and economic growth,,measurement of national income, Keynesian and,classical theories of national income,determination, fiscal and monetary policies and,their implications, and international economics.,Fulfills Social Science shared curriculum,requirement. Fall and spring semesters.
EC 320 Intermediate Microeconomic Analysis3
Theory of consumer and producer behavior;,determination of price under various market,structures; resource allocation and income,distribution; general equilibrium analysis;,application of economic principles to social,problems. Prerequisites: EC 210, EC 211 and,departmental math requirement. Fall semester.
EC 321 Intermediate Macroeconomic Analysis3
Analysis of Keynesian, classical and other models,of national income determination; fiscal and,monetary policy; evaluation of the impact of,international trade and capital flows on national,income; theories of economic growth; macroeconomic,history of the U.S. Prerequisites: EC 210, EC 211,and departmental math requirement. Spring,semester.
EC 328 Poverty, Inequality, and Economics3
This course introduces you to some of the theories,and concepts that social scientists use to examine,issues related to the economics of the household.,We will focus on analysis of key measures of,income and poverty. Key determinants, including,marital status, fertility, age, race, gender, and,education, will be analyzed in relation to,economic status. This course uses Microsoft Excel,extensively. Periodic offering.
EC 345 Economics of Social Issues3
For continuing studies students only. Economic,thinking about social problems such as population,growth, price controls, poverty, higher,education, energy, crime, pollution, consumerism,,health care, social and economic inequality,,unemployment, inflation, taxation and the public,debt.
EC 350 Environmental Economics3
Studies the role of markets, governments, and,civil society in shaping the way people behave,toward the environment, focusing on the concept,of sustainability in terms of society, economics,and the environment. Because people interact in a,variety of ways, the course moves from local to,global and focuses on issues at each level.,Prerequisites: EC 210 or MA 171 or MA 158.,Periodic offering.
EC 356 Applied Economic Principles3
For continuing studies students only. Explore,national economic factors and the impact of,government policy, as well as the driving force,behind all economic decision-making, to analyze,how and why consumers and businesses make the,choices they do. Decision-making in light of,scarce resources will be examined.
EC 381 Sustainable Development Abroad: Poverty,And Environmental Sustainability"3
Establishes a basic understanding of the theory,and practical application of the "hows" and,"whys" of a particulate international culture,abroad, particularly as it relates to the,historic, present and future challenges of that,economy and to doing business with various people,groups at home and abroad. Business models unique,to non-American cultures will be explored in,depth. Also listed as SO 381.
EC 401 Money and Banking3
Nature, function and regulation of money and,credit. Review of the financial institutions that,control domestic and international monetary,policy. Prerequisites: BU 230, EC 210, EC 211 and,departmental math requirement. Periodic offering.
EC 402 Econometrics3
Application of statistical modeling to empirical,work in economics. A mixture of theory and applied,computer work. Primary focus is regression,analysis. Prerequisites: departmental math,requirement. Spring semester.
EC 403 Forecasting in Economics and Finance3
Analyzing data to forecast the future is a,fundamental element of decision-making for firms,and governments. This course provides an overview,of modern, quantitative, and statistical methods,for forecasting economic and financial,performance. The course is designed to cover the,forecasting process and the statistical modeling,behind the forecasting techniques. This course,covers the basics of forecasting and time series,analysis as used in finance, economics, and,business. Basic time series topics will include,linear regression, ARMA models, trend modeling,,seasonal adjustments, and volatility modeling. The,course will introduce students to coding in STATA,to do forecasts using simulated and actual data.
EC 416 International Trade and Finance3
Classical and modern theories of international,trade; analysis of tariffs and other trade,restrictions; balance of payments; foreign,exchange-rate determination; relationship between,national income and balance of payments;,applications to current issues in international,economics. Prerequisites: departmental math,requirement. Fall semester.
EC 425 Economic Development3
Theories of economic growth and development,focusing on the developing countries; measurement,of economic development; roles of economic,systems, culture, resources, human capital,,technology, foreign trade, foreign aid, foreign,investment; economic appraisal methodology.,Prerequisites: EC 210, EC 211 and departmental,math requirement. EC 320 and EC 321 recommended if,declared Economics concentration. Periodic,offering.
EC 430 Money Skills for Life after College1
Review of practical money skills that college,students need as they enter the world of work. ,Covers basic budgeting, credit management, making,decisions about employer-provided health care,,and savings and investments, especially,employer-provided options. Spring semester.

Prerequisites for all Department of Business & Economics Concentrations

A grade of “C” or better is required for the prerequisites listed below.

1. Prior to the sophomore year:

CS 125Business Information Systems3
Requirement for all concentrations. One of the following:3-4
Finite Mathematics for Social Sciences,Finite Math for Social Science
Pre-Calculus
Recommended for Economics and Finance Concentrations:
Calculus for Social Sciences
Calculus I

 2. Prior to, or during, the junior year:

MA 256Elementary Probability and Statistics3

Business Core Requirements (45)

BU 218Marketing3
BU 230Financial Accounting and Analysis3
BU 231Managerial Accounting3
BU 240Business Law3
BU 274Principles of Management3
BU 302Business Ethics: Social and Ethical Issues in Business & Economics,Social and Ethical Issues in Business and Economics3
BU 311WPrinciples of International Business3
BU 357Financial Management3
BU 410Business Strategy Capstone3
EC 210Principles of Microeconomics3
EC 211Principles of Macroeconomics3
EL 211Introduction to Professional Writing3
or EL 211H Introduction to Professional Writing
Nine credits of any combination of Business Core Electives9
Electives can be any combination of additional BU or EC prefixed courses including internships (excluding teaching assistant credits), Whitworth-led study-abroad programs (outside of the U.S.), World Languages & Cultures courses at 200 level or above (excluding American Sign Language), or any one course from the Approved Interdisciplinary Electives list. Step-Up credits can count toward general elective credits but not Business Core Elective credits.
Note: The following global and/or experiential courses are highly encouraged for Business Core Electives:
Whitworth-led study-abroad programs or additional foreign language coursework
Voluntary Income Tax
Entrepreneurship
Internship
Note: A student declared under one of the listed concentrations can take a required course for a different concentration toward their Business Core Elective as long as the prerequisites are met. Students may not use the same course as an elective and as a required course should they decide to change concentrations.
Note: For students declaring more than one BBA concentration, there may be scheduling conflicts we are unable to adjust. The WSB does not guarantee accommodations for multiple concentrations. Students would therefore be advised to focus on their primary BBA concentration to complete degree requirements within the desired 4-year timeframe.

Requirements for Accounting Concentration, BBA (69)
Business Core Requirements45
BU 332Cost Accounting3
BU 333Accounting Systems and Theory3
BU 334Intermediate Accounting I4
BU 335Intermediate Accounting II4
BU 336Introduction to Taxation4
BU 466Principles of Auditing3
One of the following:3
Fraud Examination
Financial Statement Analysis
Advanced Accounting I
Governmental and Not-For-Profit Accounting
Advanced Taxation

Requirements for Economics Concentration, BBA (57)
Business Core Requirements45
EC 320Intermediate Microeconomic Analysis3
EC 321Intermediate Macroeconomic Analysis3
EC 402Econometrics3
One of the following:3
Money and Banking
Forecasting in Economics and Finance
International Trade and Finance
Economic Development

Requirements for Finance Concentration, BBA (60)
Business Core Requirements45
BU 367Fundamentals of Investing3
BU 377Financial Statement Analysis3
BU 387Financial Institutions & Markets3
BU 467Advanced International Corporate Finance3
BU 477FORAD: Multi-National Finance3

Requirements for Management Concentration, BBA (57)
Business Core Requirements45
BU 373Human Resource Management3
BU 376Global Operation/Supply Chain Management3
BU 425Organizational Behavior3
Any one of the following:3
Business Analytics
Management Information Systems
International Management
Project Management
One other upper-division business course approved by advisor and department chair.

Requirements for Marketing Concentration, BBA (57)
Business Core Requirements45
BU 301Consumer Behavior3
BU 343Market Research 3
BU 448Integrated Marketing Communication3
BU 489Marketing Strategy3

Business & Economics Minors

Requirements for an Accounting Minor (20)
(Note: Accounting minors require the prerequisites listed under "Prerequisites for all Department of Business & Economics Concentrations").
BU 230Financial Accounting and Analysis3
BU 231Managerial Accounting3
BU 334Intermediate Accounting I4
BU 336Introduction to Taxation4
Two of the following electives:6
Fraud Examination
Cost Accounting
Accounting Systems and Theory
Intermediate Accounting II
Financial Statement Analysis
Advanced Taxation

Requirements for a General Business Minor (21-22)
One of the following math prerequisites:3-4
Finite Mathematics for Social Sciences,Finite Math for Social Science
Pre-Calculus
Calculus for Social Sciences
Calculus I
BU 218Marketing3
BU 230Financial Accounting and Analysis3
EC 210Principles of Microeconomics3
At least 9 credit hours from the following:9
Managerial Accounting *
Business Law
Principles of Management
Financial Management *
Principles of Macroeconomics *
One business elective: Students may select any other BU or EC course (3 credits or more), but all required prerequisites for that course must be met unless otherwise approved by department chair.
*

Indicates course recommendations for students intending to pursue a Master of Business Administration (MBA) or Master of Business Leadership (MBL) degree. MA 256 Elementary Probability & Statistics also recommended for students intending to pursue an MBA or MBL.

Requirements for a Leadership Minor (18)
Core Leadership Coursework:9
Leading Organizations
Leadership of the Self
Thinking Like a Leader
Applied Leadership Coursework (These courses help students apply leadership principles and skills in a variety of practical settings.) Choose 6 credits from the following. All prerequisites apply. 6
Dean's Executive Leadership Series
Organizational Behavior
Organizational Communication
Communication in Leadership
Ethic, Soc & Leg Issues in CS
Technology Management
Democracy, Leadership, and Schooling
Writing in the Community Practicum
Leadership Dev. for Student-Athletes
Philosophical and Psychological Aspects,Of Coaching
Administrative and Legal Aspects of,Health, Fitness and PE
Leadership and Decision Making
Training Management Warfighting Function
General Conducting
Advanced Conducting
The Helping Process in Social Services
Production Management
Fundamentals of Directing
Foundations for Christian Leadership
Foundations for Christian Leadership II
Youth Ministry
Young Life Leadership
1-3 credits of Leadership Internship (approved by advisor & BUEC Chair)
1-3 credits of Leadership Independent Study (approved by advisor & BUEC Chair)
Leadership Supporting Curriculum (These courses help students better understand the context for effective leadership in a diverse society.) Choose 3 credits from the following. All prerequisites apply.3
Gender Issues in Leadership
Intercultural Communication
Rhetorical Methods and Approaches
The Rhetoric of Human Rights
Social-Political Philosophy
Poverty and Community Development
Intergroup Dialogue
Making Change: Social Intervention,Strategies
Diverse Christian Leadership
Or one other course with diversity-related content approved by the BUEC Department Chair

Approved Interdisciplinary Electives

COM 398Intercultural Communication3
HI 102The Pacific World3
HI 104Political History of Beijing3
HI 105Cultural Odyssey of China3
HI 204The Crusades3
PH 256Asian Philosophy3
PO 151International Relations3
PO 240Comparative Politics3
PO 250Environmental Politics3
PO 325International Development3
PO 340African Politics3
PO 346Contemporary China and East Asia3
SO 203Globalization3
SO 307Latin American Politics3
Dean

TIMOTHY WILKINSON

Chair

TARA LAMBERT

Professors

CANDICE CORREIACRAIG HINNENKAMPDAWN KEIGVANGE OCASIODAVID SLOAN

Associate Professors

TODD FRIENDSROBIN HENAGEREDNA NDICHU JONES

Assistant Professors

ROBERT BUCKHAMRICHARD CLOUTIERTARA LAMBERTMICHELLE LI-KUEHNEZUAN "ZACH" SUN

Visiting Instructors

CODY GEORGEKEVIN PARKER

Senior Lecturers

DOUG LAHERJ. SCOTT MILLER

Lecturers

JOSH KING