Agenda Item FA 17-21

Submitted by the Academic Programs Committee

Coggin College of Business (Graduate) – (Accounting & Finance)

Course Changes & Programs of Study Changes (2 packages)

04/06/17: Passed

04/11/17: Approved

Log Number: 201701-8

Accounting & Finance – Graduate

Change a degree-major-concentration of an existing program
Master of Business Admin. – General Business Major

Summary of the Changes:

The following courses (all listed as Prerequisites) in the current MBA program will be replaced:
BUL3130 Legal Environment of Business (3 Credits)
ECO5115 Introduction Economic Analysis (3 Credits)
FIN5405 Essentials of Managerial Finance (3 Credits)
MAN5036 Fundamental Mgmt/Marketing (3 Credits)
The new courses under MBA Prerequisites are:
MAN6002 Cornerstones of Management (3 Credits)
MAR 6055 Fundamentals of Marketing (3 Credits)
ECO 6060 Economic Analysis (3 Credits)
FIN 6407 Fundamentals of Financial Management (3 Credits)
ACG 6005 Fundamentals of Financial Accounting (3 Credits)
The rationale for these changes was to increase the rigor of Coggin’s Graduate Programs. The old prerequisites combined Finance and Accounting into one course called FIN5405 and combined Marketing and Management into one course called MAN5036. The new Prerequisites will have FIN, ACC, MAR, and MAN as full semester 3-credit courses. The ECON course was re-titled because it needed a 6000 number in order to count toward the newly created MSM (i.e., this course remained a full semester course). The BUL (Business Law) course was dropped as a prerequisite as it is not necessary as foundation for MBA students and that it was a 3000 level course. The changes in this APC were made part of the approval process for the newly created MSM program at Coggin.
Total credit hours are not changing.
The following 5000 level courses are being terminated:
FIN5405 Essentials of Managerial Finance (3 Credits)
MAN5036 Fundamental Mgmt/Marketing (3 Credits)
The following 5000 level course has been renumbered and retitled to become a 6000 level course:
ECO5115 Introduction Economic Analysis (3 Credits)
The following course is removed from POS but not terminated, as it is a 3000 level course that will continue to be taught at the undergraduate level:
BUL3130 Legal Environment of Business (3 Credits)
In addition, the following courses will not count towards MBA Concentrations or Electives.
ACG6005 Financial Accounting (3 Credits)
ECO6060 Economic Analysis (3 Credits)
MAN6002 Cornerstones of Management (3 Credits)
MAR6055 Fundamentals of Marketing (3 Credits)
BUL6138 Management Legal Environment (3 Credits)
FIN6407 Financial Management (3 Credits)
MAN6536 Business Processes (3 Credits)
MAN6724 Strategy for Business (3 Credits)
The 8 courses listed above were specifically designed for the MSM Program and are similar to prerequisite courses for MBA students who come from non-business backgrounds. This information need to be included in the catalog so that students in the MSM program do not assume that if they were to move into the MBA program later after completing the MSM, they could use any of these 8 courses to count towards MBA electives or concentrations. Also current MBA students (who went straight into the MBA) should not be able to use MSM core classes (which are similar to MBA prereqs for non-business students) as the MBA elective or concentration courses.
The changes apply to all MBA Concentrations as well as no concentrations.
(Click here for the program of study)

    

Terminate an existing course

Essentials of Managerial Finance

FIN

Beginning graduate (5xxx)

405

This course is no longer necessary. It combined Accounting and Finance into one course. Now ACG and FIN are going to be separate 6000-level 3-credit courses FIN 6407 Fundamentals of Financial Management and

ACG 6005 Fundamentals of Financial Accounting.

 

Terminate an existing course

Fundamentals of Management and Marketing

MAN

Beginning graduate (5xxx)

036

This course was a combination of Marketing and Management. Now MAN and MAR will be offered as 6000-level 3-credit hour courses. MAN6002 Cornerstones of Management and MAR 6055 Fundamentals of Marketing. 

 

Terminate an existing course

Introduction to Economic Analysis

ECO

Beginning graduate (5xxx)

115

This course is being renumbered to be 6000-level course so that the course can be used as part of the newly created MSM program.

 

 

Log Number: 201701-13

Accounting & Finance – Graduate

Change a degree-major-concentration of an existing program
Master of Accountancy – Accounting Major

Summary of the Changes:

The following courses will not count towards MACC Concentrations or Electives.
ACG6005 Financial Accounting (3 Credits)
ECO6060 Economic Analysis (3 Credits)
MAN6002 Cornerstones of Management (3 Credits)
MAR6055 Fundamentals of Marketing (3 Credits)
BUL6138 Management Legal Environment (3 Credits)
FIN6407 Financial Management (3 Credits)
MAN6536 Business Processes (3 Credits)
MAN6724 Strategy for Business (3 Credits)
The 8 courses listed above were specifically designed for the MSM Program and are similar to prerequisite
courses for MACC students who come from non-business backgrounds. This information need to be
included in the catalog so that students in the MACC program do not assume that if they were to move into the MACC program later after completing the MSM, they could use any of these 8 courses to count towards MACC electives or concentrations. Also current MACC students (who went straight into the MACC) should not be able to use MSM core classes (which are similar to MACC prereqs for non-¬business students) as the MACC elective or concentration courses.
The following courses will not count towards MACC Concentrations or Electives.
ACG6005 Financial Accounting (3 Credits)
ECO6060 Economic Analysis (3 Credits)
MAN6002 Cornerstones of Management (3 Credits)
MAR6055 Fundamentals of Marketing (3 Credits)
BUL6138 Management Legal Environment (3 Credits)
FIN6407 Financial Management (3 Credits)
MAN6536 Business Processes (3 Credits)
MAN6724 Strategy for Business (3 Credits)
The 8 courses listed above were specifically designed for the MSM Program and are similar to prerequisite courses for MACC students who come from non-business backgrounds. This information need to be included in the catalog so that students in the MACC program do not assume that if they were to move into the MACC program later after completing the MSM, they could use any of these 8 courses to count towards MACC electives or concentrations. Also current MACC students (who went straight into the MACC) should not be able to use MSM core classes (which are similar to MACC prereqs for non-business students) as the MACC elective or concentration courses.
(Click here for the program of study)