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 integration, critical thinking, communication, and global awareness.

Objectives supporting the WSB Mission Statement:

The Whitworth School of Business 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

To accomplish this purpose, the Whitworth School of Business: 

  • 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)
  • Conducts research and other professional engagement to inform our teaching that is of interest to scholars, students and/or organizations

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 218 Marketing3
An introduction to the basic principles of marketing in an increasingly competitive and global environment. Key topics include marketing mix decisions (product management, pricing, distribution, and promotion), market segmentation and targeting, consumer behavior, and marketing research. 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 Leadership and Resilience3
This course offers a comprehensive exploration of leadership philosophy and the development of personal resilience. It delves into key leadership theories, including adaptive leadership, servant leadership, change management, leadership strategy, and the psychology of human behavior. Additionally, we will explore the critical role of resilience, focusing on emotional intelligence, psychological frameworks, and proven strategies for overcoming adversity and trauma. Emphasis will be placed on self-reflection, and students will gain deeper insights into navigating challenges with clarity and strategic thinking. 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 the sociocultural, emotional, and psychological factors that influence consumer decision-making and behavior, with a focus on the implications of consumer behavior for marketing strategies. Prerequisites: BU 218 and departmental math requirement. Spring semester.
BU 302 Business Ethics and Society3
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 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. Periodic offering.
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 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 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. Spring semester.
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 semester.
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. 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 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 Marketing Research3
A study of the marketing research process, including research design, qualitative and quantitative data collection, data analysis and interpretation, and how this information can be used in organizational decision-making. Prerequisites: BU 218, MA 256 , and departmental math requirement. Fall semester.
BU 348 Business Analytics3
Students will develop an understanding of the role of visualization and dashboard design in direct support of managerial decision-making. Specifically, this course provides a comprehensive review of storytelling with data and explores best practices for how to integrate and present data in visual form with Tableau software. Prerequisite: CS 125. Spring semester.
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 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 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. Fall semester.
BU 367 Portfolio Management and Theory3
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 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 Operations and Supply Chain Management3
Decision-making involving the management of all aspects of operations from sourcing and material management to distribution and logistics 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. Periodic offering.
BU 381 International Business Abroad3
Establishes a basic understanding of the theory and practical application of the "hows" and "whys" of an 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 monetary policy and 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. Fall semester. 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. Periodic offering.
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 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
A reflective course designed to develop student skill sets in meaningful observation and critical thinking related to leadership. This course largely takes place in a conversational environment where students discuss leadership concepts, philosophies and the impact of inclusion and biases, are challenged to think critically and ask good questions, and are given tools to develop and deepen their leadership skills. In the end, students will be able to think like a leader. 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 semester.
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 Enterprise and Project Valuation,FORAD: Multi-National Finance3
This course will focus on project as well as enterprise valuation for multinational corporations. This course is designed to meet the economic realities of the modern corporation, which acquires productive capacity in one of two basic ways-through internal growth, which requires the evaluation of project value, and through acquisitions of operating business units, which require the evaluation of business or enterprise value. Students will manage a business development division of a computer-simulated company making acquisitions over multiple periods and constructing reports summarizing their results. Prerequisite: BU 357. Spring semester. Finance concentration students must take spring semester of senior year.,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 477 Enterprise and Project Valuation,FORAD: Multi-National Finance3
This course will focus on project as well as enterprise valuation for multinational corporations. This course is designed to meet the economic realities of the modern corporation, which acquires productive capacity in one of two basic ways-through internal growth, which requires the evaluation of project value, and through acquisitions of operating business units, which require the evaluation of business or enterprise value. Students will manage a business development division of a computer-simulated company making acquisitions over multiple periods and constructing reports summarizing their results. Prerequisite: BU 357. Spring semester. Finance concentration students must take spring semester of senior year.,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. 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. Odd fall semesters.
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. Even spring semesters.
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 Sustainability3
Establishes a basic understanding of the theory and practical application of the "hows" and "whys" of an 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. Periodic Jan Term 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. Odd spring semesters.
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. Periodic even fall semesters.
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. Periodic even fall semesters.
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
College Algebra
Pre-Calculus
Recommended for Economics and Finance Concentrations:
Calculus I
*MA 130 available in limited situations. Department Chair and Math department approval required.

 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 and Society 3
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
Forecasting in Economics and Finance
International Trade and Finance

Requirements for Finance Concentration, BBA (60)
Business Core Requirements45
BU 367Portfolio Management and Theory 3
BU 377Financial Statement Analysis3
BU 387Financial Institutions & Markets3
BU 467Advanced International Corporate Finance3
BU 477Enterprise and Project Valuation,Enterprise and Project Valuation 3

Requirements for Management Concentration, BBA (57)
Business Core Requirements45
BU 373Human Resource Management3
BU 376Operations and Supply Chain Management 3
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 343Marketing 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 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
Leadership and Resilience
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 Ethics in Education
Writing in the Community Practicum
Community Leadership Training
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
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
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

Associate Dean

ROBIN HENAGER

Chair

TARA LAMBERT

Professors

ALAN MIKKELSONCANDICE CORREIACRAIG HINNENKAMPDAVID SLOANDAWN KEIGROBIN HENAGERVANGE OCASIO

Associate Professors

EDNA NDICHU JONESMICHELLE LI-KUEHNETARA LAMBERTTODD FRIENDSZUAN "ZACH" SUN

Visiting Assistant Professor

KEVIN PARKER

Visiting Instructor

CODY GEORGE

Senior Lecturers

DOUG LAHERJ. SCOTT MILLER

Lecturer

JOSH KING