Business Courses

BUSI 1013 Introduction to Business
This course introduces the basic principles of business and outlines the history and development of the set of activities, functions and systems that together define the discipline of modern business practice. Offered annually.

BUSI 1023 Mathematics for Business
This course is designed to foster a broad understanding and appreciation for mathematics and to improve mathematical dexterity in establishing a foundation for further studies in the more quantitative business disciplines. Course material includes elements of calculus, algebra and data management applications. Offered annually.

BUSI 2013 Organizational Behaviour
Using the behavioural sciences as a foundation, this course provides a general information overview to develop an understanding of the nature and behaviour of individuals and work organizations. Topics will include communication, motivation, diversity, values, group dynamics, leadership, power, organizational design and development. Lectures and assignments are structured to develop the skills required to improve effectiveness in both profit and non-profit organizations. Offered annually.

BUSI 2113* Introduction to Leadership
This course is designed to prepare students to lead and manage non-profit organizations with special emphasis on volunteer organizations. Students gain a general knowledge of leadership and administrative theory and skills. Methods of personal and corporate organizing, decisionmaking, team-building and personal character are among the specific issues addressed. Exclusion: GMIN 1043, CHRI 1113. Cross-listed as CHRI 2113. Offered annually.

BUSI 2313 Marketing
This course outlines the marketing function and its relation to other business functions in the organization. A study of product development, pricing policy, promotional planning and relationships with marketing distribution channels is included. The importance of buying behaviour
and buying patterns in shaping marketing decisions is examined. The business issues and ethical concerns in developing and implementing domestic and international marketing plans for profit and non-profit organizations are also presented. Prerequisite: BUSI 1013. Offered annually. Course Descriptions I 129

BUSI 2613 Introduction to Financial Accounting
This course introduces the generally accepted principles that govern the financial accounting system and the income statement and balance statement that are the principal end products of the system. Students are also introduced to the corresponding statements for non-profit and charitable organizations and how these statements are used to evaluate the performance, capacity and financial status of the organization. Offered in alternate years.

BUSI 2623 Introduction to Managerial Accounting
An introduction to cost accounting systems and the use of cost information for decision-making is the focus of this course. Emphasis is placed on a basic understanding of cost, cost analysis and cost systems. Topics include budgeting, capital expenditure budgets, controls through standards, cost-volume-profit relationships, the behaviour of costs and responsibility accounting. The unique cost relationships for non-profit organizations are also explored. Prerequisite: BUSI 2613. Offered in alternate years.

BUSI 3013 Human Resource Management
This course surveys what human resource professionals and managers in general need to know about personnel and human resource management in business and non-profit organizations. The need for strategic management of human resources within the context of the total organization is examined. The course material includes staff selection and recruitment, performance evaluations, compensation, other reward systems, training and development, promotion of equal employment opportunity and the corresponding policies and practices. Prerequisites: BUSI 1013 and BUSI 2013. Offered occasionally.

BUSI 3023 Human Resource Planning
In all kinds of organizations, business managers, executive directors and human resources managers need to design and develop plans and forecasts for human capital. In this subject area, students learn how to develop a strategic human resource plan including the design of organizational structures. Topics will include analyzing the plan for implications in hiring at various levels, staff training and development and placement and promotion of staff throughout the organization. Prerequisite: BUSI 3013. Offered occasionally.

BUSI 3113 Managing Non-Profit Organizations
This course provides students with a broad overview of the non-profit and voluntary sector and covers the role of non-profits, how to develop effective non-profit organizations and how to deal with the challenges facing these organizations. Issues will include management and administration, board selection and governance, recruiting and motivating volunteers, accountability and managing growth, change and diversity. The importance of creating and stating mission statements and developing and communicating strategic plans both internally and externally is examined. Prerequisites: BUSI 1013 and BUSI 2013. Offered occasionally. Course Descriptions I 130

BUSI 3213 Business Law
The legal issues and civil laws normally encountered by business managers and administrators are covered in this course. These include contract law, forms of business entities, the corporation and its shareholders and stakeholders, real estate law, employment law, consumer protection,
negligence and torts. The responsibilities of plaintiffs and defendants in legal actions are discussed as well as the various alternative dispute resolutions options including negotiations, mediations and arbitrations. Prerequisites: BUSI 1013 and BUSI 2013. Offered in alternate years.

BUSI 3233* Business Ethics
This course is an examination of the central moral issues raised by business activities and practice. It begins with an exploration of various utilitarian and respect-for-persons ethics and traces out the very different results they yield in ethical decision-making. Then, by way of case studies, it examines a host of specific business-related issues: employee rights, affirmative action, "reverse discrimination," fairness in advertising and the duties of corporations in protecting the environment. Prerequisites: PHIL 1013 and PHIL 1023 or 6 credit hours in Philosophy. Cross-listed as PHIL 3653. Offered annually.

BUSI 3243 Business and Government Relations
Strategic management of a company or non-profit requires an understanding of how its context is shaped by government. This course teaches how government affects an organization and its stakeholders and enables students to integrate government relations into corporate strategy development. Prerequisites: 6 credit hours in Business Administration. Offered occasionally.

BUSI 3313 Marketing for Non-Profit and Voluntary Organizations
An organization needs marketing skills to survive in a competitive environment. Changes in government policies are forcing non-profits to compete for funds among donors and to look for ways to generate revenue. This course provides students with a clear understanding of the decisions that must be made to set up effective marketing and fundraising programs in the non-profit sector. Topics include targeting specific markets, attracting resources, increasing awareness of program offerings and collaborating with other organizations. Prerequisite: BUSI 2313. Offered occasionally.

BUSI 3413 Entrepreneurship and New Ventures
This course examines how one can harness creativity, personal drive and faith to develop a successful new venture. It focuses on the organizational, marketing, legal and financial decisions that are required when starting a new enterprise. It explores such questions as how to develop a business plan, secure financing, manage cash flow and put together and manage a small organization. The opportunities for various strategic alliances and partnership arrangements with non-profit, profit and government organizations are introduced and explored. Prerequisites: 12 credit hours in Business Administration. Offered occasionally. Course Descriptions I 131

BUSI 3453 Consumer Psychology
This course focuses on the psychological study of consumer behaviour. It examines the roles of awareness, beliefs, learning, feelings, intentions and behaviours in how people become aware of and decide to purchase goods and products. Applications to non-profit settings may also be explored. Prerequisites: BUSI 1013 and BUSI 2313. Offered in alternate years.

BUSI 3503 Directed Studies in Business Administration
This independent study option is open to third- and fourth-year Business Administration majors who wish to explore a topic not covered in the regular curriculum and in which the professor has an interest and expertise and is willing to direct studies. Prerequisites: 12 credit hours in Business Administration and permission of the Academic Dean. Offered occasionally.

BUSI 3613 Intermediate Financial Accounting
This course elaborates on the generally accepted accounting principles (GAAP) and presents the concepts, objectives and techniques underlying asset valuation and income determination. A theoretical framework for analyzing accounting practices and preparing financial statements is
outlined and accounting policies and the criteria for policy selection is reviewed. The asset side of the balance sheet is analyzed in detail. Prerequisite: BUSI 2613. Offered occasionally.

BUSI 3623 Intermediate Managerial Accounting
Internal cost accounting data is examined as a source of information for management decisions, planning and control. Topics include the accumulation of costs for service and product costing, job order or project costing, process costing systems, standard costs and variance analyses and decision-making with imperfect costing information. Prerequisite: BUSI 2623. Offered occasionally.

BUSI 3713 Business Information Systems
The fundamental concepts and architecture of business computing, information systems, hardware and software and related telecommunications systems are introduced. With a focus on managing the enterprise, this course will be of interest to those with both technical and nontechnical backgrounds. Through projects and discussions, students will learn to recognize strategic and tactical opportunities for deployment of information technology and Internet and ecommerce solutions to increase organizational productivity, performances and capacity. Topics include a framework for systems requirement analysis, systems acquisition and human resource implications. Prerequisites: BUSI 1013 and 1023. Offered in alternate years.

BUSI 3723 Operations Management
This course develops an understanding of the issues involved in managing operations and projects. It introduces the skills required to plan and control the use of layout, materials, plants and technology for the purpose of creating and delivering goods and services of increasing quality and value that meet customer needs. Topics will include product planning, process selection, scheduling, inventory, capacity planning, just-in-time production and quality measurement and control. Prerequisites: 6 credit hours in Business Administration. Offered occasionally. Course Descriptions I 132

BUSI 3813 Finance
Students will learn about investments and how to analyze the capital structure of an organization. The pivotal roles of return on investment and the cost of capital in shaping the investment decision in allocating scarce resources, as well as the financial decision in providing cash are introduced. The related subjects of asset valuation, capital budgeting, working capital management, financial instruments, the risk-return trade-off and overall financial planning are also discussed. Prerequisites: BUSI 1013 and BUSI 1023. Offered in alternate years.

BUSI 3823 Corporate Finance
This course builds on the material in BUSI 3813. Students learn how firms assess risk when making investment decisions. Students also examine how firms decide to finance projects they assess as being worthwhile. This decision involves capital structure, dividend policy, financial instruments, risk-return trade-offs, financial planning and the cost of capital. In addition, students are introduced to derivatives and their uses in investments, risk-management and capital structure. Prerequisite: BUSI 3813. Offered occasionally.

BUSI 3853 Business Administration Internship
This business experience option is designed to provide an in-depth exposure to business in an area appropriate to the student’s goals. A Business Administration professor from Tyndale and a business supervisor in the workplace will coordinate the student’s work. Students may use this experience for up to two units of Community Service within a business context and in addition must complete a 3 credit hour course entitled "Business Administration Internship." The number of hours spent in this option must be over 210 (including the time spent on research, analysis and writing). Advanced approval must be received from the coordinating Business professor.

BUSI 3913 International Business
This course introduces students to the international environment of business and provides a comprehensive outline of the functional management issues and operational elements that define international business. The evolving nature of the global economy and the business and social implications for multinational corporations and other organizations will be examined and students will learn the principles for strategy, organizational structure, finance and control. Prerequisites: 12 credit hours in Business Administration. Offered occasionally.

BUSI 4113 Business Policy and Strategy I
This course is intended as a comprehensive course that extends and integrates course work in the functional areas of accounting, finance, marketing, human resources and operations management. The critical role of formulating and implementing management policy and strategy consistent with overall organizational direction, values and goals is introduced. With the use of cases involving complex business problems in both profit and non-profit organizations, students are challenged to apply integrative strategic thinking, imagination and creativity supported by the most recent research findings in this area. Open only to Business Administration majors in their final year. Offered annually. Course Descriptions I 133

BUSI 4123 Business Policy and Strategy II
Contact the Academic Dean’s Office, University College for course description.

BUSI 4153 Business and Society
This is a capstone course that acknowledges the dynamics and impact of change, the need for balance and views the business interests of various organizational stakeholders and individuals in a broad social, political, technological and global context. By way of case studies and examination of current business affairs, students develop a Christian perspective on the complex environment of business and learn to apply ethical decision-making and sound judgment coupled with the best business practices to reach durable business decisions. Prerequisites: 18 credit hours in Business Administration. Offered occasionally.

BUSI 4183 Micro-Enterprise Development
This course is designed to introduce students to fundamental issues and strategies of Micro-Enterprise Development in third world conditions. A culmination of the theoretical and practical studies involves field work and observation in a developing country. The course will address issues
such as Micro-Enterprise Development and Microfinance in the developing world. It will also address local strategic, economic, political, cultural and religious country-specific issues. Studying this course will prepare students for meaningful intervention in the economic realities of the developing world with a view of expressing the compassion of Christ and Christian business principles. Open only to Business Administration majors in their final year. Offered occasionally.

BUSI 4503 Advanced Directed Studies in Business Administration
This independent study option is open to fourth-year Business Administration majors who wish to explore a topic not covered in the regular curriculum and in which the professor has an interest and expertise and is willing to direct studies. Prerequisites: 18 credit hours in Business Administration and permission of the Academic Dean. Offered occasionally.

Disclaimer: Unofficial Academic Information
For official academic information such as degree requirements, course descriptions, prerequisites, and schedules, please refer to the Office of the Registrar website.