Courses in Business Administration

• 100-level
• 200-level
• 300-level
• 400-level

BUAD 102: Personal Finance (3)
An introduction to financial planning. Topics include money management and personal budgets, credit, insurance and investment vehicles such as stocks, bonds and mutual funds.

BUAD 111: Introduction to Business Computing I (3)
Prerequisite: Ability to type 25 words per minute. Corequisite: ENGL 101
An introduction to word processing and written business communication using micro computer software in typical business applications. A hands-on computer lab course. Topics include fundamentals of operating IBM-compatible computers in a Windows environment, file maintenance, fundamentals of word processing, and principles of written business communication.
Principles of written business communication include learning and practice with composing letters, job applications and resumes, research papers, newsletters and preparing visual aids for presentation.

BUAD 211: Introduction to Business Computing II (3) - Each Semester
Prerequisite: BUAD 111. Corequisite: MATH 102 or a higher-numbered math course
An introduction to spreadsheet analysis and database management in typical business applications using micro computer software. A hands-on computer lab course. Topics include fundamentals of spreadsheet operation using the principles of spreadsheet analysis and database management in typical business applications.

BUAD 295, 296: Special Topics (1-3, 1-3)

BUAD 312: Business Information Systems (3)
Prerequisite: BUAD 111, BUAD 211
This course provides an up-to-date, business-oriented overview of information systems. The course purpose is to help the student attain a basic understanding of information technology (IT), develop a framework for analyzing business needs, evaluate IT solutions, define project goals and understand the project's impact on an organization. This is not a course about hands-on use of computers.

BUAD 315: Commercial Law I (3) - Each Fall
A study and survey of the general rules of law that determine the rights and liabilities of persons engaged in business activities. Topics include contracts, agency, and commercial instruments.

BUAD 316: Commercial Law II (3) - Each Spring
Prerequisite: BUAD 315 or permission of instructor
Further study the laws of business. Topics include property, security devices, legal forms of business organizations, estates, bankruptcy, and government and business.

BUAD 318: Principles of Marketing (3) - Each Semester
An introduction to business activities and behavior involved in marketing goods and services in a market economy. Topics include the marketing function, consumer behavior, marketing practices of firms, and the interaction of firms' marketing activities with external market forces.

BUAD 325: Applied Statistical Analysis (4) - Each Semester
Prerequisite: Six hours of mathematics numbered MATH 101 or above
An introduction to applied statistical methods. Topics include descriptive statistics; elementary probability theory; probability and the normal distribution; elementary sampling theory and sample design; point and interval parameter estimation; using z and t distributions; the sampling distribution of the mean; hypothesis testing; and one-way ANOVA.
Students enrolling in BUAD 325 must also enroll in BUAD 327 during the same semester. Applied computer lab to accompany BUAD 325 or BUAD 326. Students use statistical software for micro computers to complete statistical analysis under study in BUAD 325 or BUAD 326.

BUAD 326: Applied Regression Analysis (4)
By arrangement with Department Chair, Prerequisite: BUAD 325
A study of OLS and MLS regression analysis in typical business applications. Topics include least squares concepts and methods; classical statistical properties; estimating least square parameters; coefficient of determination; hypothesis testing; forecasting applications; and ANOVA in regression analysis.
Students enrolling in BUAD 326 must also enroll in BUAD 327 during the same semester.

BUAD 331: Principles of Management (3) - Each semester
An introduction to the theory of managing organizations. The course is organized around the classic four functions of management: planning, organizing, leading and controlling. Topics focus on recent developments and trends in management theory and practice within each of these functions.

BUAD 335: Keys to Success (3)
Arising out of the tradition of American entrepreneurship, the material for this course was developed by Napoleon Hill from the thoughts of many of the turn-of-the-century business leaders who played a significant role in shaping the destiny of America and the world. Andrew Carnegie so strongly believed in the existence of universal principles of success and achievement that he sponsored the research of Hill.
This course will examine concepts and principles that when properly applied will help lead to personal achievement and self-actualization. Remember: since the purpose of the course is to empower students to be the best they can be, personal responsibility for learning outcomes will be expected.

BUAD 341: Conflict Management (3)
Prerequisite: BUAD 331
An overview of various strategies used to manage interpersonal conflict within organizations. Specifically, the course focuses on the factors that lead to conflict and violence, and it will explore the various methods for handling conflict such as communication tactics, negotiation and mediation.

BUAD 351: Human Resource Management (3)
Prerequisite or Corequisite: BUAD 331
This course covers topics essential to the effective administration of personnel including: human resource planning, job design, the recruitment and selection of employees (with special emphasis on employment testing and interviewing), civil rights legislation, performance appraisal, compensation, and employee security and safety.

BUAD 362: Social Issues & Business Ethics in Management (3)
Prerequisite or Corequisite: BUAD 331
This course examines the role of business firms within the context of the social and legal cultures in which they operate. Primary emphasis is placed on the ethical implications of controversial business activities and events.
Specific topics include business/government interactions, monopolies and antitrust regulation, corporate social responsibility, business ethics, the rights and responsibilities of employees, racial and sexual discrimination, affirmative action, environmental degradation, product liability, and employee safety and health.

BUAD 382: Principles of Financial Management I (3)
Prerequisite: ACCT 202
A lower division of business financial management. Many different basic concepts and techniques are covered. Topics include working with financial statements; time value of money; valuation of stocks and bonds; and capital budgeting.

BUAD 383: Principles of Financial Management II (3)
NOTE: Students may not enroll in BUAD 383 after completing BUAD 382 from a catalog prior to 2000-2001.
An upper division of business financial management. Modern financial theories and international aspects of financial management are studied. Topics include the concept of financial risk; cost of capital; capital structure; dividend policy; working capital management; and introduction to international financial management.

BUAD 387, 388: Cooperative Education Project I (1-6, 1-6)
Students can obtain information from the Department Chair.

BUAD 392: Investment Analysis (3)
Prerequisite: ACCT 202
An introduction to principles of investment in stocks, bonds, and other real or financial assets. Topics include investment research sources and methods, valuation analysis, and portfolio management.

BUAD 395, 396: Special Topics (1-3, 1-3)

BUAD 450: Organizational Behavior (3) - Each Spring
Prerequisite or Corequisite: BUAD 331
A behavioral science approach to organizational management problems created by the interaction of individuals in organizations. Topics include perception, attitude change, motivation, group behavior, leadership, organizational politics, and organizational change and development.

BUAD 485: Strategic Management (3) - Each Fall
Prerequisite: BUAD 318, BUAD 331, and BUAD 382 (BUAD 382 may be taken as a corequisite)
The strategic management process is the focus of this course. As part of this process, the course examines how to analyze a firm's external and internal environment. Students learn that the strategic actions taken as a result of understanding a firm's resources, capabilities, and core competencies have a direct link with the company's ability to establish a sustainable competitive advantage and achieve success.
Students are exposed to the rigors of industry and competitive analysis, to the ingredients of an attractive strategic plan, the special demands of operating in an increasingly global competitive environment and to the varied administrative tasks associated with implementing and executing a chosen strategy as circumstances permit.
Students also learn that strategy formulation and implementation must be integrated carefully if a firm is to achieve strategic competitiveness. The course requires independent reading, case studies, and oral/written project presentations.

BUAD 492: Small Business Institute (3) - Fall
(May be taken as a capstone for December graduates only.)
There are two approaches to conducting the Small Business Institute (SBI) class. In the first approach, teams of students, working with a faculty supervisor, serve as consultants to small businesses who apply and are accepted as Small Business Institute cases.
Students complete a general analysis of the small business and its management, marketing, accounting, or financial challenges; identify specific consulting needs; and agree with the business owner on services to be performed by the consulting team. Student consulting teams complete cases over a 10-week period, after which students prepare a comprehensive written report. Students present the report to the client with their recommendations at a final meeting.
BUAD 492 may also be designated a capstone course, in lieu of BUAD 493 and BUAD 494, with permission of the Department Chair and SBI Director, provided the course is taken in the student's final spring semester at the college.
The second approach engages students in a real-life entrepreneurial venture where students conceive of a business idea, develop a plan for its implementation and go on to implement it. The start up capital consists of individual contributions (the equivalent of a text book price) from each student determined by the professor.
If taken as a capstone course, a research paper and the comprehensive exam will be included in the grading criteria.

BUAD 493: Senior Seminar I (Capstone) (1)
Note: BUAD 490 is now BUAD 493 and BUAD 494.
A senior capstone course that requires students majoring in accounting, business administration, or economics to synthesize knowledge and skills acquired in their major discipline over the course of their studies at UVa's College at Wise.
As part of Senior Seminar I, each student must complete a review of literature. This involves an extensive, systematic study of an important problem area in the student's major discipline, culminating in a comprehensive written literature review.
This assignment is designed to assess several areas of competence. First, it requires students to demonstrate their ability to conduct "secondary" research. This involves the search and synthesis of relevant literature on an important topic. It is how you become an expert in the field. This academic skill is essential to any student who wishes to pursue graduate studies.
Second, review of the literature is the basis for inductive reasoning. The written review forces one to organize/structure thoughts and it can help verify the feasibility and viability of the topic.
Lastly, the written literature review demonstrates the ability to communicate abstract concepts in written format.

BUAD 494: Senior Seminar II (Capstone) (2)
NOTE: BUAD 490 is now BUAD 493 and BUAD 494
A senior capstone that requires students majoring in accounting, business administration or economics to synthesize knowledge and skills acquired in their major discipline over the course of their studies at UVa's College at Wise.
As part of Senior Seminar II, each student must complete:
1) A comprehensive examination of knowledge in their major discipline that will count 20 percent of the course grade.
2) A group project that will require demonstration of competencies in: