Master Syllabus ADM 510

Finance and Economics for Decision Making

General Information

Name of College and Department: Extended Campuses - Business and Administration

Course Prefix, number, and title: ADM 550, Finance and Economics for Decision Making
Course Location: Online
Semester in which the course will be offered: Fall 2014
Credit Hours: 3 Credits
Instructors:
Charles V. Balch PhD, Clinical Associate Professor of International Business and Marketing
AC 237, Yuma Campus, charlie@nau.edu, 928-317-6455
S. Colleen Byron Ph.D., Core Coordinator Master of Administration Program.
145 N. Centennial Way, 4th Floor, Mesa AZ colleen.byron@nau.edu 480.316.1153
Office hours: TBD

Course Prerequisites
ADM 500, MIS for Administrators

Course Description
Financial management of small businesses focusing on budgeting, critical analyses of financial
reporting numbers, risk assessment, and cash flow forecasting.

Course Outcomes

Create and evaluate business financial reports including budget and critical ratios,
Select appropriate inventory management methods,
Apply marginal cost considerations to pricing strategy,
Create/adapt/apply basic business models including decision making and risk assessment,
Evaluate sources of capital and financing.

Emphasis Outcomes

Communicate business information in a professional manner.

Analyze the small business environment using a variety of business tools and produce ethical
actionable strategies to effectively negotiate and profit in that environment.
Demonstrate the ability to design, write, and produce a business plan meeting professional standards
for finance, marketing, economics, business law and management in organizations.

Program Outcomes

Demonstrate in writing knowledge of administration, leadership, organizational theory, ethics and

effective management of diverse cultures in organizations. They will specifically demonstrate the ability
to design, write and produce documents meeting professional standards in these key areas.
Demonstrate the ability to conduct both research and program evaluation that meets rigorous
methodological standards and produces useful, actionable, results.
Analyze problems and create solutions using a variety of qualitative and quantitative problem-solving
processes, technologies, systems approaches, and innovative/creative thinking.
Demonstrate professional skills applied to practical problems by consistently meeting deadlines,
working both independently and collaboratively in teams, and integrating scholarly knowledge from the
student's chosen field of specialization and the Core area.

Demonstrate a commitment to lifelong learning and develop the skill sets necessary to pursue and find
the answers to professional questions through detailed study in and contribution to the scholarly
literature of the student's chosen field.

Course Structure/Approach
The course may involve one or more of the following approaches: active learning; MIS software; lecture
and discussion; application exercises; scheduled activities; case analysis; team projects; field trips,
speakers with relevant expertise, and/or other activities as appropriate to achieve learning outcomes.

Required Materials
Required materials may include textbooks, readings, audio-visual content, software, and/or other
materials.
Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports. T.
Ittelson. Career Press.

Assessment of Student Learning Outcomes

Assessment of student learning outcomes methods and materials may include examinations, surveys,
rubrics, case analyses, participation, oral participation, quizzes, presentations, and/or other materials.

Course Policies
Grading
Scale

Grade

>= 90%

80% ~ 89%

70% ~ 79%

60% ~ 69%

< 60%

Please refer to our class calendar for assignment dates.

As appropriate to a graduate class in administration, this class involves much demonstration of
your communication skills.

Retests/makeup tests
All late requirements are penalized.

Attendance
You are expected to demonstrate your familiarity with the material and to share your thoughts
and experiences.

Statement on Plagiarism and Cheating

ln preparing your all your written work, you must cite each reference source used and give
proper credit for data, an idea,quotation, or nding. This applies to written work submitted as
part of the required activities as well as the writing of your research report. Failure to cite the
source of referenced data and material is a violation of professional ethics and NAU policy.

Furthermore it may be a violation of copyright or other intellectual property laws. Therefore, the
instructor l cannot accept material that contains plagiarism or lacks proper citations of material
drawn from other sources.
Any submissions failing to meet these standards will be returned with a grade of zero (0) and
may result in further administrative action.

University Policies
This class adheres to these policies which are preeminent to other content in this syllabus:
http://www4.nau.edu/avpaa/UCCPolicy/plcystmt.html