DEPT. BUSINESS & ECONOMIC SCIENCE

Business Courses

Economic Science Courses

Business Courses

This course provides an overview of the modern business environment and of the key managerial competences required to manage complex, innovative and rapidly changing organizations. Typical topics of this course cover: business and sustainability, the evolution of business, entrepreneurs, managers and employees, multinationals and the global environment of business, business ethics and the environment of business, leadership, influence, and communication in business, motivating and managing people and groups in business organizations, the structure and culture of a business organization, information technology and e-commerce, marketing and product development, sales, distributions and customer relationship management, distributions management, operations management, HRM management, general concepts on accounting and finance.
Prerequisite: None

This course introduced students to basic theories and practices of public relations, the legal and ethical framework of PR for sustainability, the process and application, the relationship between PR, marketing, and advertising, new trends in PR, the best practices, how the web has changes the rules of marketing and PR, action plans for harnessing the power of new rules in PR, online PR and social networks.
Prerequisite: None

The course addresses key topics related to successfully operating in the music and show business. Students analyze all aspects related to this industry such as, selecting the right team, the role of personal mangers, business managers, agents, attorneys, copyrights and contracts, broad-strokes overview of the record business, advances and recoupment, real-life numbers, producer and mixer deals, other major deal points, advanced record deal points, advanced royalty computations, loan-out, independent production, label, and distribution deals, copyright basics, publishing companies and major, secondary publishing income, songwriter deals, co-publishing and administration deals, advanced copyright concepts, tour merchandising, retail merchandising, overview of motion picture music, fundraising, and sponsorship development, marketing, event management, communication, and promotion strategies in the music business. Sustainability issues related to this industry.
Prerequisite: None

This course introduces the students to a set of principles of management and sustainability aiming develop a sustainability oriented mindset for future leaders and business managers. The course covers important related topics which include, taking sustainability into economics, putting a price on the planet, and understanding the value that sustainability management aims to create to people, planet, customers, and global corporate shareholders and stakeholders. The course also introduces to the basic concepts of how sustainability management relates to ethics, corporate governance, corporate social responsibility, and legal and regulatory requirements. It also covers other central themes of management such as, planning, organizing, leading and controlling.
Prerequisite: None

The aim of this course is to explore the economic, political, marketing, social and environmental benefits that a green business strategy may generate to companies and all their stakeholders in the long-term. The course also explains how to translate the green business strategy into action for the achievement of successful long-term sustainable results and the creation of durable competitive advantages. Typical topics include, the eco-advantage, natural drivers of the green wave, greening as a commitment, greening as a core competence, competitive environmental strategies, eco-efficiency, eco-branding, environmental cost leadership, sustainable value innovation, green strategies and beyond.
Prerequisite: None

One of the most critical competitive advantages and sustainability drivers of all organizations is represented by efficient, knowledgeable and highly motivated human resources. This course aims to introduce the students on the core competences managers who to develop to become excellent human resources managers and to achieve challenging corporate goals with their teams. The course also addresses the important theories and best practices in employees-management relationships and labor unions-management negotiations. Key topics include, staffing and organization, developing human resources, managing and compensating human resources.
Prerequisite: None

This introductory finance course aims to expose students to the basic concepts, theories and practices of the financial management function and to the domain of money, banking and financial markets. Emphasis will be placed on the theoretical models as well as the practical problems related to banking and financial markets, financial statements analysis, financial management, taxes, cash management, working capital management, time value of money, capital budgeting decisions, choosing a discount rate, using financial planning models for valuation, introduction to portfolio analysis and the capital asset pricing model, using SML to measure investment performance, security, stock and bond valuation, capital structure and dividend policy, option and option valuation.
Prerequisite: DBE-BUS/3650 - Introduction to Accounting

This course serves as an introduction to statistics and probability and includes applications into the environmental sciences and business practices. This course will discuss: methods of graphic analysis, hypothesis testing and the introduction of common probability distributions.
Prerequisite: DNP-MAT/1020 Finite Mathematics or MAT/1100 Fundamentals of Calculus or MAT/1200 Calculus I.

This course introduces the students to the principles of marketing management. It provides the students with a general understanding of the basic theories, strategies, policies, tactics, and best practices of successfully managing a marketing function in a modern business organizations. key topics of the course include: defining marketing and the marketing process, creating and capturing customer value, company and marketing strategy, understanding the marketplace and consumers, designing a customer-driven marketing strategy and marketing mix, online marketing, global marketing, marketing ethics, sustainability and social responsibility.
Prerequisite: None

This course addresses the topics of promotion and advertising which are critical to successful product and brand positioning strategies. Through the discussion of the measurement of advertising effectiveness, budgeting, media selection and the scheduling of advertisements, students learn how to formulate a promotional mix strategy. Other important topics include: the importance of integrated marketing communication, communication, promotion, ethics and sustainability, the creative process, copywriting, campaigns management, public relations, media advertising, direct marketing, sales promotion, and internet advertising.
Prerequisite: DBE-BUS/2700 Principles of Marketing

This course analyzes the key factors that influence consumer purchasing behavior. A special attention will be placed on the managerial implications that consumer behavior studies have on market strategies and marketing programs. Key topics of the course include: introduction to the consumer research process, market segmentation, consumer motivation, personality and consumer behavior, consumer perception, consumer learning, consumer attitude formation and change, communication and consumer behavior, Influence of culture and subcultures on consumer behavior, diffusion of innovations, consumers social responsibility, sustainability and green marketing.
Prerequisite: DBE-BUS/2700 Principles of Marketing

This course outlines the principles of visual merchandising and their application, experimentation and evaluation. The course discussions will address topics such as, the role of a visual merchandiser, store design, windows, in-store visual merchandising. The students are exposed to the impact of harmony, color and arrangement on the merchandising effectiveness. The role of sustainability in modern marketing and merchandising strategies.
Prerequisite: DBE-BUS/2700 Principles of Marketing

The course is aimed to teach students the techniques and research methods used in marketing. Students will learn how to collect, analyze and use available information in order to carry out effective market research projects. Key topics of the course will cover: the definition of the problem, the research design, the creation of the research plan, the choice of research tools, the sampling methods, the qualitative and quantitative research methods, the measurement process, data collection and the presentation of research results. The focus will be also on research for value creation and sustainability-related innovation.
Prerequisite: DBE-BUS/2700 Principles of Marketing

This course takes a close look at the ICT and e-business environment in their impact in the modern economy. The course explores how these new e-business technology have significantly changed and continue to change the relationship between organizations and their clients. It discusses, in other words, the powerful uses that this application has in the world of business. Key topics include: to e-business and e-commerce, e-business infrastructure, e-environment, and e-business strategy, application and sustainability. Other important topics of the course are: organizational strategy, online marketing, e-business entrepreneurship, the competitive advantage of the online strategy for value creation.
Prerequisite: DNP-COM/1020 Microcomputer Applications II

How is European Business conducted? What is the origin of the EU economic region and of the European currency (the "euro")? What are the major similarities and differences of doing business in Europe? These and other similar questions are explained in this course. The key topics of the course are: the European social model, Europe's competitiveness, the Lisbon strategy, the economic and monetary integration, the European Union, the Maastricht criteria, the legal and regulatory environment, the European economy and its challenges, the single European market, European competition, industrial, transport, energy, environment policy and the labor market. The sustainability strategies in the EU region.
Prerequisite: None

This course addresses the fundamental principles of the laws that regulate business activities. It provides the student with a solid foundations on law, business ethics, sustainability , and social responsibility. It addresses introductory topics such as, contracts, negotiable instruments, debtor-creditor relationship, business organizations, real property and estates, introductory concepts on Common Law, Statutory Law, Administrative Law, Constitutional Law, Crime, Dispute resolution, and International Law. Topics also cover ethics and business, sustainability, law and ethics, ethical principles in business, marketplace, environment, consumer protection, marketing, and job discrimination. It will involve an extensive use of case studies.
Prerequisite: DBE-BUS/1100 Introduction to Business

This course explores the theories, concepts, and best practices of international business and multinational organizations. It introduced students to key related themes such as: the world's marketplaces and international business, legal, technological, and political forces in the global business environment affecting sustainability and business growth, the role of culture, ethics, corporate responsibility in international business, international trade and Investment theory, international monetary system and the balance of payments, foreign exchange and international financial markets, managing international business and operations.
Prerequisite: None

This course will introduce students to the basic concepts of accounting. The course material addresses key basic topics such as: sustainability, accounting and business, business processes and accounting information, operating processes, planning activities, recording and evaluating operating activities and the conversion process, introduction to financial statements and capital budgeting concepts.
Prerequisite: None

In this course students are trained to preparing and analyzing financial statements and at applying specific accounting principles and criteria. The course covers all key relevant aspects of the accounting process. Such as: principles and concepts, the accounting equation, the financial statements, transaction analysis, double-entry accounting, recording transactions, the trial balance, using accrual accounting to measure income, cash-basis accounting, preparing the financial statements, internal control & cash, ethics, sustainability, and accounting, short-term/Long-term investments, liability and equity, financial statement analysis, time value of money, generally accepted accounting principles (GAAP), and the IAS/IFRS.
Prerequisite: DBE-BUS/2000, DNP-MAT/2000 Introduction to Statistics and DBE-BUS/2600 Principles of Finance

The course explores the ways in which accounting creates key information for the management process (planning, control and decision making). The course analyzes in details key themes such as cost-volume-profit relationships, break-even analysis, job-order costing, activity-based costing, process costing, cost behavior: analysis and use, profit planning, standard costs, flexible budgets and overhead analysis, capital budgeting decisions, full costing and direct costing systems, the relationship between cost, profit and sustainability.
Prerequisite: DBE-BUS/2000, DNP-MAT/2000 Introduction to Statistics and DBE-BUS/2400 Principles of Sustainable Management

This course introduces the students the theories, concepts, and best practices of service marketing and service management. The module gives students the full awareness of the importance of services critical driver of the modern economic system. Services are responsible today for the creation of a substantial majority of new jobs. In addition, to that the service industry is becoming more and more competitive within the global scenario. The module aims to highlight the differences between the service industry and manufacturing businesses. The ultimate objective of the module is to teach students how to develop successful strategies and techniques of marketing for service organizations. Key topics of the course include: understanding services, managing services, focus on customers and planning and managing relationships, marketing mix in the service industry. Sustainability and the service industry.
Prerequisite: DBE-BUS/2700 Principles of Marketing

This course presents a problem solving, decision-making approach to international human resource management and complexity of managing global or cross-cultural organizations. This course explores the challenging and opportunities related to cultural differences and builds on impact on the functional management disciplines such as marketing, finance, control, personnel strategy, organization behavior, and negotiation of cross-cultural approaches. Specific topics include: the globalization of HRM, creating the international organization, international HRM and culture, global employment law, industrial relations, sustainability, and international ethics, global talent management staffing, training, management development and compensation in multinational enterprises, international employee performance management, cross-cultural
organization: the multicultural model.
Prerequisite: DBE-BUS/2510 Human Resources, and DBE-BUS/2400 - Principles of Sustainable Management

This course explores the growing trend and unique opportunities generated by developing an "Environmentally-conscious management" and a strong "corporate social responsibility" approach in business organizations. have traditionally been viewed as necessary. Many firms are learning the lesson and are starting to view environmental and social issues as a great opportunity and embracing socially responsible behavior as a competitive strategy. In this course student will explore what leading companies are doing in areas such as fair wages, privacy concerns, affirmative action, sexual harassment, employee rights, worker safety, consumer safety, animal testing, human rights and environmental considerations. The course covers both traditional business strategy topics and new and emerging environmental and social responsibility strategies. Particular attention is paid to understanding how these activities are providing firms with a competitive advantage in the marketplace.
Prerequisite: DBE-BUS/2400 - Principles of Sustainable Management, DBE-BUS/2500 - Green Business Strategy, DBE-BUS/2700 - Principles of Marketing, DBE-BUS/3700 - Financial Accounting, DBE-BUS/3750 - Managerial Accounting and DBE-BUS/2510 - Human Resources

This course through the study of key theories from the fields of sociology, psychology and economics explores and describes the development of new ventures with particular focus to international entrepreneurship, financing, the transition of family business and the sustaining of firm growth. The courses require the students to complete a number of operational activities which include among other deliverables the submission of written assignments, case analyses, development of a business plan, an interview and report about an entrepreneur and a written examination, students will balance entrepreneurship theories with practice.
Prerequisite: DBE-BUS/2400 Principles of Sustainability Management, DBE-BUS/2700 - Principles of Marketing, DBE-BUS/3700 - Financial Accounting, DBE-BUS/3750 - Managerial Accounting, DBE-BUS/2510 - Human Resources

The is course introduces the student to the theories and practices of operation management in modern and innovative organizations. It explores key concepts and topics related to manufacturing and operations process efficiency and productivity which can significantly increase companies' value creation strategies. Specific focus is dedicated to the following concepts and practices: competitiveness, strategy, and productivity, forecasting, system design, product and service design, strategic capacity planning, process selection and facilities layout, location planning and analysis, quality management, quality control, supply chain management, inventory management and scheduling, aggregate planning, MRP and ERP, JIT and Lean Operations, project management.
Prerequisite: DBE-BUS/2400 - Principles of Sustainable Management, DBE-BUS/3700 - Financial Accounting, DBE-BUS/3750 - Managerial Accounting

Today's world is rapidly changing and uncertainty affects organizations of all size and geographical location. Managing companies in this turbulent and challenging environment is not easy and it requires managers to develop strong capabilities and competences in effective risk management and sustainability management. This course help students and future managers to master these skills through a comprehensive training on the best practice risk management and enterprise risk management frameworks. The course uses the case study approach supplemented by readings and lectures.
Prerequisite: DBE-BUS/2400 - Principles of Sustainable Management, DBE-BUS/3700 - Financial Accounting, DBE-BUS/3750 - Managerial Accounting, DBE-BUS/4600 - Operations Management

This course is designed for those who interested in a career in the field of fund management, bond research and equity research. Students will learn in details key theories, concepts and practices of operations undertaken in the financial markets. A particular focus is dedicated in this course to the following topics: the structure of financial markets, the money markets, the bond markets, the stock market, the foreign exchange market, the derivative markets, the structure of commodity markets, the energy markets, interest immunization, the covering of the term structure of interest rates, valuation models for bonds, risk assessment and mitigation, expected returns and portfolio management, scenario analysis, decision trees and simulations, Value at Risk (VaR), real option, risk management: profiling and hedging, risk management and sustainability.
Prerequisite: DBE-BUS/3700 - Financial Accounting

Economics Science Courses

This course introduces the students to the principles and theories of microeconomics. Topics include: the economic decision of limited resource allocation affecting households and the firms, demand and supply, elasticity, efficiency and equity, government actions in markets, utility and demand, preferences and choices, firms and markets, perfect competition, monopoly, monopolistic competition, oligopoly, market failure and government, externalities, public goods and common resources, factor markets, inequality, and uncertainty, markets for factors of production, economic inequality, uncertainty and information demand-supply analysis, theory of markets and public policy, microeconomic problems and sustainability.
Prerequisite: None

This course introduces students to the modern theories and policies of macroeconomics. In this course students study the entire Economy with a national, international or global perspective. Key topics addressed in this course include: international trade theory and policy, exchange rates and open-economy macroeconomics, international macroeconomic policy, macroeconomic problems and sustainability.
Prerequisite: None

This course addresses the study of the consumer behavior form the economic perspective on the base of research findings that have roots in the disciplines of psychology, sociology, and cultural factors that influence the consumer decision-making process. Key topics of the course are: consumers in a changing world, consumer theories, the limits to choice, preference and demand, welfare an d consumer behavior, consumption function, choice under uncertainty and sustainability.
Prerequisite: DBE-ECO/1500 - Microeconomics: The Principles of Human Action, DBE-ECO/1510 - Macroeconomic Theory

This course expose students to a set of social institutions or environments that characterize the rise to both successful urban economies and flourishing arts and culture. It addresses interrelations between capitalism, cities and culture. In this course students will focus in particular on the dynamics of metropolitan development, cities and suburbs, metropolitan area prosperity and current policy issues of political economy related to culture, society, cities and sustainability.
Prerequisite: DBE-ECO/1500 - Microeconomics: The Principles of Human Action, DBE-ECO/1510 - Macroeconomic Theory

In this course the globalization phenomenon is analyzed and discussed in details by students after a very thorough learning process which includes the use of films, lectures, and selective readings. Students are trained to develop an stronger awareness of the arguments for and against globalization through this learning process. A specific focus is dedicated to foreign policy for developing and underdeveloped countries, the role of the World Bank, the IMF, the politics of global food production and the historical impact of colonialism and imperialism, globalization and sustainability.
Prerequisite: DBE-ECO/1510 - Macroeconomic Theory

This course allows students to gain a comprehensive understanding of the key environmental issues related to global economic growth and prosperity. Some of the most critical challenges relate to topics such as, how to regulate pollution and environmental protection, emission fees and marketable permits, audits, enforcement, and moral hazard, the political economy of environmentalism and sustainability.
Prerequisite: DBE-ECO/1510 - Macroeconomic Theory

This course addresses key environmental economics and sustainability development topics. It provides to students a sound and thorough understanding of the most relevant and critical case studies and lessons learned on ecological economics and sustainable growth.
Prerequisite: DBE-ECO/1510 - Macroeconomic Theory, DBE-BUS/2400 - Principles of Sustainable Management

This course examines the evolution of global economics policies and events and its impact on countries' relations, wealth creation and sustainability. Key topics include: Introduction: an overview of the world economy, comparative advantage, international factor movements, tariffs, international trade policy, international trade and economic growth, national income accounting and the balance of payments, international transactions and financial markets, exchange rates, money , interest rates and price levels, macroeconomic policy and floating exchange rates, fixed exchange rates and currency unions, international monetary arrangements, capital flows, global economic interdependence, roles of the International Monetary Fund, World Bank, and World Trade Organization and debt burdens of developing countries.
Prerequisite: DBE-ECO/1510 Macroeconomic Theory

This course addresses the strategic and operational decisions that finance managers make in their corporate role as leaders and supervisors of the finance organizational function. Students will cover topics such as: financial statements, taxes, and cash flow, cost of capital, working capital management, risk and return, the analysis of financial statements, time value of money and capital budgeting, discounted cash flow valuation, interest rates, stock and bond valuation, NPV and other investment decisions, short-term and long-term financial policy, derivative securities and corporate finance, corporate finance and sustainability.
Prerequisite: DBE-BUS/3700 - Financial Accounting, DBE-BUS/3750 - Managerial Accounting, DBE-ECO/1510 - Macroeconomic Theory

Students may undertake an independent study project, upon their request and subsequent approval of the University Academic Committee and with the assistance of qualified faculty member, in case the University Academic Departments do not offer formal courses in the area of interest to them. The independent study, however, may not be used as a substitute for a required course.
Prerequisite: Students must possess a GPA of at least 3.00 and they must have obtained 60 credits upon permission of department

This economics course aims to expand the students' knowledge on the issues associated with renewable and nonrenewable resources. Special attention is dedicated to topics such as: waste and recycling, sustainable development, biological diversity, environmental degradation, alternative energy sources, population and economic growth, natural resources management, environmental ethics, Issues of optimal extraction and depletion, effect of alternative market structures, and factor of uncertainty are addressed with regard to efficient management and allocation of these resources.
Prerequisite: DBE-BUS/2400 - Principles of Sustainable Management, DBE-ECO/2250 - Environmental Economics

This course introduces the students to the study of public policy and its economic impact on society. Based on macroeconomic theory, this course will explore topics such as: public expenditure: goods and externalities, social insurance and income maintenance, a framework for tax analysis, the national revenue system, multi-government public finance, and privatization. Other important topics o