Agenda Item FA 17-39

Submitted by the Academic Programs Committee

Coggin College of Business (Undergraduate) – (Accounting & Finance, Economics & Geography, and Marketing & Logistics)

New Courses, Course Changes, and Programs of Study changes (6 packages)

09/07/17: Passed

09/19/17: Approved

Log Number: 201508-110

Accounting & Finance– Undergraduate  

 

Add a new course

Fixed Income Analysis (3 crs)

FIN

Senior (4xxx)

XXX

Prerequisites:   
"FIN3403: Financial Management"
Co-requisites:   
None 

Course Description:
This course is designed to provide a strong foundation in fixed income theories and strategies. Upon successful completion of the course, students should have the knowledge and skills necessary to succeed in a finance career requiring heavy use of Bloomberg. Emphasis is placed upon skills used by UNF alumni that have graduated and are currently employed in various industry positions. Some of the distinctive topics that will be covered include fixed income instrument valuations, binomial trees, MBS. 
Prerequisites: 
Instructor’s approval and FIN 3403.

 

Log Number: 201701-3

Accounting & Finance – Undergraduate

Change a degree-major of an existing program                       
Bachelor of Business Administration - Financial Services Major


Summary of the Changes:

Currently, RMI 3011 - Risk Management & Insurance is a co-requisite for FIN 4128 - Financial Plan Process and Development, the capstone course in the Financial Services major. Given the content coverage in FIN 4128 - Financial Plan Process and Development, RMI 3011 - Risk Management & Insurance should be a pre-requisite. The FS program director confirmed this with the instructor teaching the course. All other pre- and co-requisites should remain unchanged.
This is not for a program change, just a course change. The POS is not necessary for this APC.  
(Click here for the program of study)

 

Change an existing course

Financial Planning Process and Development

FIN

Senior (4xxx)

128

Add RMI 3011 - Risk Management & Insurance as a pre-requisite to FIN 4128 - Financial Plan Process and Development. It is currently a co-requisite but should be taken prior to the course for optimum coverage in the FIN 4128 - Financial Plan Process and Development, which is the capstone course in the Financial Services major. 

New Course Description:
FIN 4128: Financial Planning Process and Development
Prerequisite: FIN 4504, TAX 3721 or TAX 3001, RMI 3011, and RMI 4135 
Co-requisite: FIN 4132 
Description: This course examines professional issues in financial planning, including: ethical considerations; regulation and certification requirements; written and oral communication skills; and professional responsibility. Students are expected to use skills obtained in other financial planning courses and perhaps work experiences in the completion of a comprehensive personal financial planning case, other mini-case studies, and calculation templates.

 

Log Number: 201701-4

Accounting & Finance – Undergraduate

Change a degree-major of an existing program
Bachelor of Business Administration – Financial Services Major                    

Summary of the Changes:
We are adding an introductory course, FIN 3XXX - Financial Planning, to the BBA Financial Services Program. This has been discussed for several years, and virtually all degree programs in Financial Planning in the country have an introductory course. The course will provide an overview of the financial planning process, which is needed for students to fully grasp the concepts presented in the major courses that follow. The new course will replace FIN 4604 - International Finance in the Financial Services curriculum. FIN 4604 - International Finance remains a required course in the general Finance curriculum. Moreover, this new course will serve as a potential elective for BBA Finance students.
The new course FIN 3XXX - Financial Planning will have FIN 3403 - Financial Management as a co-requisite.
The following courses will have FIN 3XXX - Financial Planning as a co-requisite:
TAX 3721 - Tax Planning in Financial Decisions
RMI 3011- Risk Management & Insurance
RMI 4135 - Employee Benefit Plans

(Click here for the program of study)
 

Add a new course

Financial Planning (3 crs)

FIN

Junior (3xxx)

XXX

Prerequisites:   
None
Co-requisites:   
"FIN3403: Financial Management"
Course Description:
This course provides a comprehensive examination of the general principles of financial planning, professional conduct and regulation, and education planning. The course introduces students to the financial planning process and teaches them how to work with clients to set goals and assess risk tolerance. Students learn how to process and analyze information, construct personal financial statements, develop debt management plans, recommend financing strategies, and understand the basic components of a written comprehensive financial plan. The course also covers the regulatory environment, time value of money, and economic concepts.
 

Change an existing course

Tax Planning in Financial Decisions

TAX

Junior (3xxx)

721

Add FIN 3XXX - Financial Planning as a co-requisite to TAX 3721.

Change an existing course

Employee Benefit Plans

RMI

Senior (4xxx)

135

Add new course FIN 3XXX - Financial Planning as a co-requisite to RMI 4135.

Change an existing course

Risk Management and Insurance

RMI

Junior (3xxx)

011

Add FIN 3XXX as a co-requisite to RMI 3011.

Log Number: 201701-5

Accounting & Finance– Undergraduate

Add a new non-degree program
Certificate in Financial Analytics

Summary of the Changes:

The goal of this certificate is to highlight the boutique finance courses UNF has developed in the last few years and which are by now well-known in the business community. Obtaining this certificate would truly distinguish a UNF finance graduate. Not only would students complete these specialized courses, but they would also have to complete them at the highest standard of excellence (grade of A). These courses require an intensive work load, incorporate interaction with corporations, and require an extremely high level of analysis. This certificate would also encourage potential students to apply for our program and would be an effective way to market our finance programs to potential UNF students. The certificate will require a total of 12 credit hours to complete.
(Click here for the program of study)

Log Number: 201701-28

Economics & Geography – Undergraduate


Add a new course

Environmental Economics (3 crs)

ECP

Junior (3xxx)

XXX

Prerequisites:   
"ECO2023: Principles of Microeconomics"
Co-requisites:   
None
Course Description:
Prerequisites: ECO2023 Principles of Microeconomics OR permission of instructor. Application of economics to issues of environmental quality, management of natural resources and provision of public goods. Emphasis on cost/benefit analysis, institutional design and public policy solutions.

Log Number: 201701-65

Marketing & Logistics – Undergraduate


 Change a degree-major of an existing program

Bachelor of Business Administration – Transportation and Logistics Major  

 

Summary of the Changes:
The T&L Curriculum Committee conducted a comprehensive review of the curriculum during the 2016-17 academic year, seeking input from a broad range of advisors including: Faculty Colleagues at Peer Institutions, T&L Business Advisory Council, Department Chair, Associate Dean, Dean, Coggin Faculty Colleagues, Coggin Advising and others with curriculum development experience. Changes submitted in this APC are intended to update our curriculum to maintain the preparedness of UNF students. The goal is to present courses that offer students a clear path to graduation and high quality education that meets the needs of the business community hiring UNF T&L students.
The T&L Curriculum Committee voted unanimously to implement the updates in this APC. The committee is not aware of any procedural or policy constraints to carrying out the recommended updates to the T&L curriculum.
Major Requirements
TRA 4721 International Logistics – Move (Add to Major Requirements, Remove from Major Electives). The focus is to solidify the content in the major. Given the growth of global logistics, this is required in accordance with demand.
ISM 4011 Introduction to Information Systems – Move (Remove from Major Requirements, Add to Major Electives). This course is moved to allow for an additional TRA required course which better meets today’s market demand. Students are now getting this content in earlier classes because they have a wide range of exposure to technology today, and this move provides students more choices to complement their study in relation to major required courses. Additionally, the logistics major offers two systems courses to prepare students in the range of logistics specific technology expertise that is designed in response to logistics market demand.
Major Electives - Increase from 6 semester hours to 9 semester hours
Create two categories: TRA Electives and Non-TRA Electives to clarify communication and group classes for those who want more depth in TRA vs. complementary classes.
TRA 4721 International Logistics – Move (Remove from Major Elective, Add to Major Requirements). See explanation for TRA 4721 under major requirements section in this document.
ISM 4011 Introduction to Information Systems – Move (Add to Major Electives, Remove from Major Requirements). Explanation provided above in major requirements section.
TRA 4234 Warehouse Management – Add. Add this course to the “Major Elective (TRA Electives)” category. Solidify the content in the major. This class was offered Summer 2016 and Fall 2016. Given the growth of 3rd party logistics and related technology applications, this is added in accordance with demand. This gives the students greater access to choices in TRA Electives and better prepare students in the range of logistics specific expertise that is designed in response to logistics market demand.
TRA 4XXX Supply Chain Strategy, Leadership & Business Applications – Add. Add this course in the “Major Electives: TRA Electives” section. This course is offered in response to market demand for students with logistics leadership and business situational skills, i.e., students who can demonstrate their logistics and supply chain fundamentals in real-world and high tech settings. This course allows more students to gain exposure to complex business situations through UNF Flagship and business advisory partners, thus building the students’ critical thinking, decision-making and situational analysis skills in relevant and real-world business environments.
MAR 4906 Introduction to Marketing Analytics – Add. Add this course to the “Major Electives (Non-TRA Electives)” category. This is a timely and relevant course that allows students the option to enhance their exposure to analytical and technology approaches in marketing, and a productive complement to the TRA curriculum.
MAR 4461 Purchasing Management – Change Course Prefix. Change course prefix to TRA. This is an administrative change to pull this course into the core curriculum under TRA Electives. The current offering of MAR 4461 is a logistics class, taught by a logistics adjunct since 2010 and primarily serving logistics students. The percentage of logistics students in the course in the past four years ranges 50-67% while marketing majors range 17-29%. The balance of majors in the course are management, international business and other business majors. There will be no negative impact to marketing students because the course with a TRA prefix will be applicable to their program of study.
MAN 4401 Labor Relations - Remove. Remove this course because it has not been offered in more than three years. The course was last offered Summer 2007. The curriculum committee agrees that if a course has not been offered in the past three years, it does not represent a true option for students in achieving a clear path to graduation. Therefore, this class is removed. Also, regarding the content, this course is less relevant that it was when the original curriculum was designed.
MAR 4206 Marketing Channels – Remove. Remove this course because it has not been offered in more than three years. The course was last offered Spring 2010. The curriculum committee agrees that if a course has not been offered in the past three years, it does not represent a true option for students in achieving a clear path to graduation. Therefore, this class is removed.
Required Business - Decrease from 12 semester hours to 9 semester hours
Selection of 3000-4000 level courses from various majors is reduced from “select two” to “select one” because we reduced Required Business by one class and added one class to Major Electives.

(Click here for the program of study)

 

Add a new course

Supply Chain Management Strategy, Leadership & Business Applications (3 crs)

TRA

Senior (4xxx)

XXX

Prerequisites:   
"MAN3025: Administrative Management"
AND "MAR3023: Principles of Marketing"
Co-requisites:   
None
Course Description:
The focus of this course is on understanding general business challenges and connecting the corporate response to leadership, supply chain, logistics and other business strategies appropriate for responding to contemporary business situations. Learning scenarios include current events analysis, team case study investigations and interaction with sponsor business advisers to solve cross functional business problems.

Change an existing course

Purchasing Management

MAR

Senior (4xxx)

461

Justification provided in the APC as follows: Change course prefix to TRA. This is an administrative change to pull this course into the core curriculum under TRA Electives. The current offering of MAR 4461 is a logistics class, taught by a logistics adjunct since 2010 and primarily serving logistics students. The percentage of logistics students in the course in the past four years ranges 50-67% while marketing majors range 17-29%. The balance of majors in the course are management, international business and other business majors. There will be no negative impact to marketing students because the course with a TRA prefix will be applicable to their program of study.