The factors affecting exchange rates are discussed, as well as different types of exchange rate systems and how governments attempt to influence exchange rates. The relationships among interest rate parity, purchasing power parity, the Fisher effect and International Fisher effect and exchange rates are analyzed. Students learn how currency futures, currency options and money market hedges are used to hedge exchange rate risk.
BA 437
International Marketing
3 CR.HR.
BA321
BA 437
International Marketing
3 CR.HR.
BA321
The basics of international marketing will be taught including the foundations of culture, cultural understanding, business customs and practices in global marketing, assessing global markets, and developing international marketing strategy.
BA 438
Export-Import Procedures
3 CR.HR.
BA321
BA 438
Export-Import Procedures
3 CR.HR.
BA321
The basics of export-import procedures will be taught including justification for exporting/importing, market planning methods, selection of appropriate marketing mix variables, and regulation.
BA 439
International Franchising Management
3 CR.HR.
BA 204, BA 306, BA 427
BA 439
International Franchising Management
3 CR.HR.
BA 204, BA 306, BA 427
This course will focus on international expansion of franchises, learning the culture, monetary exchanges, imports and exports, local international market analysis and much more.
BA 440
Small Business Management I
3 CR.HR.
College Level=Senior OR College Level=Junior
BA 440
Small Business Management I
3 CR.HR.
College Level=Senior OR College Level=Junior
This course supplies prospective and current small business managers with the essential concepts of starting and operating small businesses. Topics covered include: environment and management of small business enterprise, problems in starting small businesses, financial and administrative control, and management of business operations. Particular emphasis is placed on the interrelated nature of the components, particularly as they affect the financial picture of the firm. Through a lecture and discussion format, students are expected to share their own experiences in small businesses with their fellow students.
BA 441
Entrepreneurship I - New Venture Development
3 CR.HR.
BA 101, AC 121, AC 122, or by permission of instructor
BA 441
Entrepreneurship I - New Venture Development
3 CR.HR.
BA 101, AC 121, AC 122, or by permission of instructor
Students will be introduced to the practical application of classic and contemporary business theory as it applies to the early stages of entrepreneurship and intrapreneurship, opportunity recognition, innovation, and new venture development. Course topics include types of entrepreneurs, opportunity recognition, marketing, cash and other resource requirements, financial statements, planning, franchising, intellectual property, success/failure/resilience, and growth. Class will use text, cases, articles, internet sources, and guest lecturers.
BA 442
Small Business Management II
3 CR.HR.
BA440
BA 442
Small Business Management II
3 CR.HR.
BA440
This is an advanced course which focuses on real problems in Small Business Management, using the case approach. Cases are drawn from the text, from actual local small businesses, and from the practical experience of students in the class.
BA 443
Entrepreneurship I I: New Venture Management
3 CR.HR.
BA 101, AC 121, AC 122, BA 441 or permission
BA 443
Entrepreneurship I I: New Venture Management
3 CR.HR.
BA 101, AC 121, AC 122, BA 441 or permission
This class builds on BA 441, New Venture Development. The focus of this class is on the early stages of formalizing and growing a venture. Topics include business plan writing, fund raising and cash flow, measuring and conveying financial position, core strategy development and competitive advantage, sustainability, international entrepreneurship, supply chain, growth, and exit.
BA 460
Investments
3 CR.HR.
BA362
BA 460
Investments
3 CR.HR.
BA362
Beginning with an introduction to financial markets and investment instruments, topics include stock and bond quotations and trading procedures, rate of return, margin trading, stock indexes, stock and bond valuation, risk and return, portfolio theory, active and passive portfolio management, and investment performance evaluation.
BA 464
Bank & Financial Services Management
3 CR.HR.
BA362
BA 464
Bank & Financial Services Management
3 CR.HR.
BA362
This course will introduce students to the specific issues in the financial management of a banking firm and, to a smaller degree, of other financial intermediaries. Emphasis will be on products, roles, regulatory framework, and risk management.
BA 471
Life and Health Insurance
3 CR.HR.
BA271
BA 471
Life and Health Insurance
3 CR.HR.
BA271
This course is intended to provide background knowledge for personal application and for those responsible for administering benefit plans for employees; it provides the necessary information required to pass the State of Maine license examination.
BA 472
Casualty and Property Insurance
3 CR.HR.
BA271
BA 472
Casualty and Property Insurance
3 CR.HR.
BA271
The first part of the course introduces the basics of the entire insurance business, including a summary of legal aspects, types of insurers and principles of reinsurance; next, each type of insurance is studied in detail. Topics covered are fire, consequential loss, inland marine, ocean marine, theft and surety, liability and miscellaneous property insurance.
BA 473
Real Estate Appraisal
3 CR.HR.
EC 321, MS 132, BA 362
BA 473
Real Estate Appraisal
3 CR.HR.
EC 321, MS 132, BA 362
This course familiarizes the student with the foundation and principles of the appraisal process. The student will become familiar with the three approaches to value. Site valuation, construction costs, depreciation; comparables selection and adjustments; rental multipliers; and reconciliation will be discussed. The student will focus on the elements making up the standards for professional appraisal practice. These elements, i.e., Definitions, Rules, Standards and Standard Rules, Statements and advisory opinions are discussed in detail along with the philosophy and history of USPAP.
BA 475
E-Business and E-Commerce for Managers
3 CR.HR.
BA 475
E-Business and E-Commerce for Managers
3 CR.HR.
This course teaches the basic e-business and e-commerce theory. The students will apply the theory through the development of a website for the prime purpose of marketing a product or service or idea online.
BA 482
Personal Financial Planning
3 CR.HR.
BA 362
BA 482
Personal Financial Planning
3 CR.HR.
BA 362
This course provides comprehensive coverage of personal financial planning in the areas of money management, taxes, consumer credit, housing and other consumer decisions, legal protection, insurance, retirement planning, and estate planning.
BA 490
International Business
3 CR.HR.
BA310 AND BA321
BA 490
International Business
3 CR.HR.
BA310 AND BA321
This course covers the international dimensions of managerial decision-making including: world economies, international trade theories, tariffs, quotas and other trade issues, global strategic planning, cross-cultural management, international market entry, international human resource management, international organization strategy, international logistics, import/export operations, currency exchange, international financial management. Current developments in global economic and business are emphasized; students participate in a computerized simulation throughout the semester.
BA 495
Senior Management Project
3 CR.HR.
College Level=Senior
BA 495
Senior Management Project
3 CR.HR.
College Level=Senior
An experiential course that gives seniors the opportunity to apply what they have learned in class to a real business situation.
BA 498
Business Seminar
3 CR.HR.
College Level=Senior
BA 498
Business Seminar
3 CR.HR.
College Level=Senior
This honors course requires the study of various business problems under the supervision of members of the Department of Business Administration. A paper is required. An oral examination is scheduled as the final examination in the course.
BA 499
Topic/
1-3 variable CR.HR.
BA 499
Topic/
1-3 variable CR.HR.
This is a course of variable content. Faculty and students prepare a special topic of timely interest in the business area. This course may consist of seminars, lectures, individualized instruction and/or research related to a specific area of specialization.
BA 600
Research Methods in Business and Education
3 CR.HR.
BA 600
Research Methods in Business and Education
3 CR.HR.
This course is designed for beginning graduate students who have little or no formal preparation in those areas of research and problem-solving essential for a comprehensive study of business and education at the graduate level. Emphasis is placed on the identification of common problem types and the selection and use of appropriate methods of analysis (primarily statistical in nature).