Alice Lloyd College

Bachelor of Arts in Business Administration

Program Coordinator: Dr. Lenore Pollard

Alice Lloyd College Business Department

Curriculum Guide Sheet (pdf)

Course Descriptions

The major in Business Administration prepares each student for employment in business or related fields, for graduate school, and/or for business-related research. The variety of courses offered under the Business Administration major at Alice Lloyd College will provide students with an opportunity to expand and develop their knowledge of business and accounting relevant to their future career and educational goals. By working closely with an advisor, an individual plan of study will be created to satisfy the student’s goals.

Goals of the Business Program

Students should become familiar with the requirements for their individual programs and work with their advisors to ensure that all degree requirements will be met. A guide sheet is extremely helpful in academic planning. Students wishing to major in Business Administration may access a downloadable version (pdf) of the guide sheet at the top of this page, or he or she may obtain one from his or her Faculty Advisor or from the Registrar. The student has the ultimate responsibility for seeing that all academic requirements are being met.

The academic course of study for Business majors includes the General Education Component, the Business Core Requirements, Business Elective Component, and General Electives.

General Education Component

The goals of the General Education Component include:

1. Self-actualization through the attainment of optimum physical and mental health, clarification of moral and aesthetic values for efficacious decision making and development of means of creative self-expression.

2. Development of understanding and skills in the symbolics of information, demonstrated by the ability to speak, read, and write English fluently, accurately and critically; and additional understanding and/or performance capability in at least one area of symbolics of information, such as mathematics, computer science, logic, linguistics, communications (verbal and nonverbal) or a foreign language.

3. An understanding of the natural and social environments demonstrated by:

a. An understanding of how data, hypotheses and laws are related within the framework of scientific method.

b. An appreciation of the interrelatedness and complexity of the natural world, and of human dependency on the living and nonliving environment.

c. An understanding of the social forces which shape present and future societies.

d. An understanding of the social systems which differ from our own.

In order to realize these goals, students are required to take 18 credit hours in Institutional Requirements (CIS 110, COMM 126, ENG 101, ENG 102, LE 101, and PE 103), 12 credit hours in Humanities, 12 credit hours in the Social Sciences (the Pre-Business Curriculum Courses ECON 209 and 210 included), and 12 credit hours in the Natural Sciences and Mathematics area for a total of 54 credit hours.

Business Core Requirements

The Business Core Requirements cover a broad range of course work, designed to introduce students to the general fields of management, accounting, economics, computer science, finance marketing, and law. This component is composed of 33 credit hours: ACC 201, ACC 202, BUS 212, BUS 240, BUS 295, BUS 315, BUS 320, BUS 325, BUS 350, BUS 435, BUS 450, and ECON 209/210. The goals of this component are:

1. To gain basic knowledge of the business world.

2. To understand how to analyze and interpret accounting data and how this data is utilized in management planning and control.

3. To understand the fundamentals of data processing, computer logic and the basic components of computer systems.

4. To have a basic knowledge of the fundamental financial concepts used in business and their application as a manager in a business organization (profit or non-profit).

5. To have an understanding of financial forecasting, working capital management, capital budgeting (fixed assets), debt management, and stock and bond valuation.

6. To understand the planning process as it applies to business organizations as it applies both in the strategic and operational sense.

7. To have an understanding of the theory and concepts involved in the influencing process, including the performance of four primary management activities: a) leading, b) motivating, c) controlling groups, and d) communication.

8. To understand the function of control as applied in the business environment, including the methods and tools utilized in the control process.

9. To gain a basic knowledge in human resource management.

10. To understand the relationship and the definition of authority, responsibility and accountability.

11. To gain a thorough understanding of the tools and techniques int he operation of a small business.

12. To have a working knowledge of the basic concepts and tools utilized in production and operation management.

13. To understand the marketing concept and its application in business organizations.

14. To have a basic understanding of the fundamental principles of law as they relate to business organizations. The student should be exposed to and develop a basic understanding of contracts, partnerships, corporations, etc.

15. To emphasize the growing importance of the interpersonal aspects within the global, social, legal, economic, and ethical environments upon business-related problems.

16. To understand the use of statistics data interpretation, probability, and influence as related to the business world.

17. To understand Business Research methods and their practical applications to decision making in a business environment.

Business Administration Electives

Students majoring in Business Administration are required to complete 21 credit hours beyond the business core requirements. These electives are primarily in the areas of accounting, management, marketing, and finance: ACC 301, ACC 302, ACC 303, ACC 304, ACC 305, ACC 401, ACC 460-469, BUS 310, BUS 316, BUS 415, BUS 421, BUS 425, BUS 445, BUS 461, BUS 462-469, BUS/ACC 470, BUS/ACC 475, BUS/ACC 488, and ECON 330. Business Electives are subject to change based on faculty resources and areas of expertise. The goals of this component are:

1. To understand the theory of accounts and techniques of accounting, including balance sheet accounts, problems of recording, tracing and valuation.

2. To understand the concepts of cost in developing information for management use in determining income and measurement of performance.

3. To understand federal income tax laws as they relate to individuals, corporations and partnerships.

4. To understand the theoretical and practical application of accounting problems related to auditing and internal control.

5. To understand public receipts and expenditures as they apply to federal and state tax systems.

6. To understand the functions and interrelationships of all marketing activities and be able to coordinate and manage resources to achieve corporate goals.

7. To understand quantitative methods of assistance to managers in the decision-making process.

8. To understand economic development trends in the Appalachian Mountains with an emphasis on the role of coal in the regional and national economy.

9. To develop the ability to use sound business judgment in making business-related decisions based on the evaluation, careful analysis and application of business data and reports.

10. To develop an understanding of the activities of personnel and human resources management and their importance in integrating individual, organizational and environmental resources to accomplish organizational goals.

11. To develop an understanding of security analysis and portfolio management in relation to traditional and evolving methods.

General Electives = 22 credit hours

Total Requirements = 128 credit hours

Career Planning Workshops

All Business Administration majors are required to attend three workshops in career planning, resumé writing, and job interview techniques prior to graduation. Students may attend these workshops in any year after their freshman year, but must attend all three workshops in the same year.

Suggested Course Sequence

Freshman Year First Semester:

ENG 101
PE 103
A Physical Science
CIS 110
MATH 112, 113, or 125*

Freshman Year Second Semester:

ENG 102
LE 101
BIOL 101
BUS 212
General Elective

Sophomore Year First Semester:

CHEM 115
BIOL 207
BIOL 206
PSY 330
Humanities or Social Science Elective

Sophomore Year Second Semester:

ACC 201
ECON 209
BUS 295 or MATH 250
COMM 126
Humanities Elective
Humanities Elective

Junior Year First Semester:

BUS 315**
BUS 325**
BUS 320**
Business Elective
Humanities Elective
Humanities Elective

Junior Year Second Semester:

BUS 350
BUS 435
Business Elective
Business Elective
General Elective

Senior Year First Semester:

Business Elective
Business Elective
General Elective
General Elective
General Elective

Senior Year Second Semester:

BUS 450
Business Elective
Business Elective
General Elective
General Elective

* Math 112 or 113 is recommended, because it is a prerequisite for MATH 125, which is required for most graduate schools of business.
** BUS 315, 320, and 325 must be taken in the fall semester of the junior year. A request to deviate from this policy must be approved by the Business Program Coordinator.

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This online information is the official text of the Alice Lloyd College Program Catalog 2012-14 and the Business Administration Program Handbook. The College reserves the right to change at any time any of the provisions, statements, policies, curricula, procedures, regulations or fees. Other publications supplement the Program Catalog and may be obtained from the appropriate office of the College. The provisions of these publications constitute an agreement – but not an irrevocable contract – between the student and the College.

 

 

 

 


Upcoming Events

Calendar

September 2013
S M T W T F S
25 26

Women's Volleyball vs. Johnson University

CloseAugust 26, 2013 @ 4:00 pm
27

Women's Volleyball vs. IUSE

CloseAugust 27, 2013 @ 7:00 pm
28

Last Day to Register, Drop/Add

CloseAugust 28, 2013 @ N/A

Last Day to Register, Drop/Add

CloseAugust 28, 2013 @ N/A
29 30

Women's Volleyball @ Cincinnati Christian

CloseAugust 30, 2013 @ 6:00 pm
31
1 2

Labor Day (No Classes)

CloseSeptember 2, 2013 @ N/A
3 4 5

Ist Quarter Mid-Term Ends

CloseSeptember 5, 2013 @ N/A

All-Campus Carnival & Cookout

CloseSeptember 5, 2013 @ 5:30 pm

Event Details >>

An SGA-sponsored event.

All-Campus Carnival & Cookout

CloseSeptember 5, 2013 @ 5:30 pm

Event Details >>

An SGA-sponsored event.
6

Elementary Fall Field Day (K-5)

CloseSeptember 6, 2013 @ N/A

Men's Cross Country @ UPike Dual Meet

CloseSeptember 6, 2013 @ 4:30 pm

Women's Cross Country @ UPike Dual Meet

CloseSeptember 6, 2013 @ 4:30 pm
7

Women's Tennis versus Asbury University

CloseSeptember 7, 2013 @ 1:00 pm
8 9 10

ALC Blood Drive

CloseSeptember 10, 2013 @ N/A

Yearbook Photos

CloseSeptember 10, 2013 @ 9:00 am

Event Details >>

Yearbook photos will be taken in the entry area between the faculty-staff and student lounges on the 2nd floor of the Jerry C. Davis Student Center. The photo session counts as convocation credit and is required of all students. Please note that professional dress is also required.

Fall Opening Convocation: Colmon Elridge III

CloseSeptember 10, 2013 @ 1:00 pm

Event Details >>

ALC is pleased to welcome Colmon Elridge III, executive assistant to Kentucky Governor Steve Beshear. Attendance at ALC’s opening convocation is required for all students, faculty, and staff.

Opening Convocation

CloseSeptember 10, 2013 @ 1:00 pm

Event Details >>

Required of ALL students.

Opening Convocation

CloseSeptember 10, 2013 @ 1:00 pm

Women's Volleyball @ Johnson University

CloseSeptember 10, 2013 @ 2:00 pm

Women's Volleyball @ Hiwassee

CloseSeptember 10, 2013 @ 4:00 pm
11 12

MAPP Test (Freshmen & Juniors)

CloseSeptember 12, 2013 @ N/A

MAPP Testing

CloseSeptember 12, 2013 @ 1:00 pm

Event Details >>

This is a required convocation for all first-time freshmen and all juniors ONLY. It is a casual dress event. Please watch for postings around campus that will provide more specific information. Location TBA.

MAPP Testing

CloseSeptember 12, 2013 @ 1:00 pm

Event Details >>

This is a required convocation for all first-time freshmen and all juniors ONLY. It is a casual dress event. Please watch for postings around campus that will provide more specific information. Location: TBA.
13

Senior Field Day (6-12)

CloseSeptember 13, 2013 @ N/A
14

Men's Cross Country @ Centre College Invitational

CloseSeptember 14, 2013 @ 10:30 am

Women's Cross Country @ Centre College Invitational

CloseSeptember 14, 2013 @ 10:30 am

Women's Tennis versus Midway

CloseSeptember 14, 2013 @ 11:00 am

Women's Volleyball Tri-Match @ Asbury

CloseSeptember 14, 2013 @ 12:00 pm

Event Details >>

Match #1 vs. SLCOP @ 12 PM Match #2 vs. Asbury University @ 2 PM Match #3 vs. Point Park University @ 4 PM
15 16

Religious Emphasis Week

CloseSeptember 16, 2013 @ N/A

Virginia College Fair: Buchanan County Technical Center (Buchanan Co, VA)

CloseSeptember 16, 2013 @ 9:00 am

Virginia College Fair: Dickenson County Education Center (Dickenson Co., VA)

CloseSeptember 16, 2013 @ 1:00 pm

Virginia College Fair: UVA-Wise, David J. Prior Convo. Center (Wise Co., VA)

CloseSeptember 16, 2013 @ 6:30 pm
17

Religious Emphasis Week

CloseSeptember 16, 2013 @ N/A

Virginia College Fair: Lee High School (Lee Co., VA)

CloseSeptember 17, 2013 @ 9:00 am

Constitution Day

CloseSeptember 17, 2013 @ 1:00 pm

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Andrew Busroe, ALC’s Director of Library Services and adjunct professor, will lead us in a discussion to celebrate Constitution Day.

Virginia College Fair: Scott County Career and Tech Center (Scott Co., VA)

CloseSeptember 17, 2013 @ 1:00 pm

Virginia College Fair: Southwest VA Higher Ed. (Abingdon/Washington Counties)

CloseSeptember 17, 2013 @ 6:00 pm

Religious Emphasis with Mark Combs

CloseSeptember 17, 2013 @ 7:30 pm

Event Details >>

In the first of three sessions, Mark Combs, founder of Hazard, KY’s Summit Community Church, will address students as part of Religious Emphasis Week.
18

Religious Emphasis Week

CloseSeptember 16, 2013 @ N/A

Virginia College Fair: Smyth County College Night

CloseSeptember 18, 2013 @ N/A

Event Details >>

Time and location TBD.

Virginia College Fair: Lebanon High School Gymnasium (Russell Co., VA)

CloseSeptember 18, 2013 @ 9:30 am

Virginia College Fair: Southwest VA Community College (Tazewell Co., VA)

CloseSeptember 18, 2013 @ 12:30 pm
19

Religious Emphasis Week

CloseSeptember 16, 2013 @ N/A

Virginia College Fair: Carroll County High School

CloseSeptember 19, 2013 @ 9:00 am

Religious Emphasis with Mark Combs

CloseSeptember 19, 2013 @ 1:00 pm

Event Details >>

In the second of three sessions, Mark Combs, founder of Hazard, KY’s Summit Community Church, will address students as part of Religious Emphasis Week.

Virginia College Fair: Wytheville Meeting Center

CloseSeptember 19, 2013 @ 1:00 pm

Event Details >>

The Wytheville Meeting Center is located adjacent to the campus of Wytheville Community College.

Religious Emphasis with Mark Combs

CloseSeptember 19, 2013 @ 7:30 pm

Event Details >>

In the last of three sessions, Mark Combs, founder of Hazard, KY’s Summit Community Church, will address students as part of Religious Emphasis Week.
20

Alumna and Alumnus of the Year Banquet

CloseSeptember 20, 2013 @ N/A

Men's Golf @ Hiwassee One-Day Golf Tournament

CloseSeptember 20, 2013 @ N/A

Event Details >>

Location: Three Ridges Golf Course – Knoxville, TN

Women's Volleyball @ Berea College Spoonbread Smash

CloseSeptember 20, 2013 @ 7:00 pm

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Matches: Sept. 20th vs. Ohio Christian @ 7 PM Sept. 21st vs. UPike @ 9 AM Sept. 21st vs. Johnson University @ 11 AM Sept. 21st vs. Carlow University @ 4 PM
21

Women's Volleyball @ Berea College Spoonbread Smash

CloseSeptember 21, 2013 @ 9:00 am

Event Details >>

Matches: Sept. 20th vs. Ohio Christian @ 7 PM Sept. 21st vs. UPike @ 9 AM Sept. 21st vs. Johnson University @ 11 AM Sept. 21st vs. Carlow University @ 4 PM

Men's Cross Country @ Berea College Invitational

CloseSeptember 21, 2013 @ 10:30 am

Women's Cross Country @ Berea College Invitational

CloseSeptember 21, 2013 @ 10:30 am
22

Women's Tennis @ IU Southeast

CloseSeptember 22, 2013 @ 11:00 am
23 24

PBL Cupcake Social

CloseSeptember 24, 2013 @ 12:45 pm

Women's Volleyball @ Hiwassee College

CloseSeptember 24, 2013 @ 6:00 pm
25 26 27 28

Women's Volleyball vs. Cincinnati Christian

CloseSeptember 28, 2013 @ 1:00 pm

Women's Tennis @ Carlow University

CloseSeptember 28, 2013 @ 3:00 pm
29 30 1 2

1st Quarter Grades Due

CloseOctober 2, 2013 @ N/A
3 4

Fall Festival

CloseOctober 4, 2013 @ N/A

Women's Volleyball vs. IU Kokomo

CloseOctober 4, 2013 @ 3:00 pm

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Match to be played at Midway College.

America's Funniest Professor - Dr. Carl Hurley

CloseOctober 4, 2013 @ 6:00 pm

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Dinner & a show. Special fundraiser for The June Buchanan School.

Women's Volleyball @ Midway College

CloseOctober 4, 2013 @ 7:00 pm

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MCVB Tri-Match
5

Men's Golf @ Berea College Fall Tournament

CloseOctober 5, 2013 @ N/A

Event Details >>

@ Battlefield Golf Course – Berea, KY

Women's Tennis @ SLCOP

CloseOctober 5, 2013 @ 11:00 am

Women's Tennis @ IU East

CloseOctober 5, 2013 @ 2:00 pm