IU Columbus Campus Bulletin 2024-2025

Accounting

• BUS-A 201 Introduction to Financial Accounting (3 cr.) P: BUS-X 100 with C- or better. Provides balanced coverage of the mechanics, measurement theory, and economic context of financial accounting. Strikes a balance between a preparer's and a user's orientation, emphasizing that students must understand both how transactions lead to financial statements (preparer's orientation) as well as how one can infer transactions given a set of financial statements (user's orientation). Relies on current real- world examples taken from the popular business press. The first part of the course introduces students to the financial accounting environment, financial statements, the accounting cycle, and the theoretical framework of accounting measurement. The second part of the course covers the elements of financial statements, emphasizing mechanics, measurement theory, and the economic environment.

• BUS-A 202 Introduction to Managerial Accounting (3 cr.) P: BUS-A 201 with C- or better. The course covers the concepts and issues associated with the accounting and the management of business. Particular emphasis is given to understanding the role of accounting in product costing, costing for quality, cost-justifying investment decisions, and performance evaluation and control of human behavior.

• BUS-A 311 Intermediate Accounting I (3 cr.) P: BUS-A 202 with C- or better. Provides students with a thorough understanding of the theoretical foundations underlying financial reporting, revenue recognition, and the matching of expenses; financial statement presentation; and accounting for assets. The course's primary objective is to give students the tools necessary to understand and execute appropriate accounting procedures. Another goal is to help students understand the process through which accounting standards are determined and to evaluate the outcomes of that process from the perspectives of managers, shareholders, auditors, and others. Students will learn to assess competing accounting theories and methods from multiple perspectives.

• BUS-A 312 Intermediate Accounting II (3 cr.) P: BUS-A 311 with C- or better. Provides students with a thorough understanding of accounting for long-term liabilities and debt investment, stockholders' equity, and preparation of cash-flow statements. The course's first objective is to give students the tools necessary to understand and execute appropriate accounting procedures. The course's second objective is to help students understand the process through which accounting standards are determined and to evaluate the outcomes of that process from the perspectives of managers, shareholders, auditors, and others. Students will learn to assess competing accounting theories and methods from multiple perspectives.

• BUS-A 325 Cost and Performance Measurement for Decision-Making (3 cr.) P: BUS-A 202 with C- or better. Conceptual and procedural aspects of management and cost accounting. Product costing, cost control over projects and products, decision making, profit planning, quantitative modeling, activity-based management, and computer applications.

• BUS-A 328 Introduction to Taxation (3 cr.) P: BUS-A 202 with C- or better. This course examines the fundamentals of federal income taxation. Primary emphasis is on a basic understanding and awareness of the tax law as it applies to individuals. Includes an overview of the taxation of corporations, partnerships, and estates and trusts. The course introduces students to tax research and the various sources of tax law, including the Internal Revenue Code, regulations, administrative pronouncements, and case law.

• BUS-A 335 Accounting for Government and Not-For-Profit Entities (3 cr.) P: BUS-A 311 with C- or better. Introduction to fund accounting for governmental units, colleges/universities, hospitals, voluntary health and welfare, and other not-for-profit organizations.

• BUS-A 424 Auditing and Assurance Services (3 cr.) P: BUS-A 312 with C- or better. This course focuses on the concepts, standards, and procedures of financial statement auditing, as well as the role of auditing in society. It focuses on the audit process related to risk assessments, internal controls, audit evidence, and auditor reporting. It also develops critical thinking skills by focusing on auditors' professional judgments.

Economics

• ECON-E 201 Introduction to Microeconomics (3 cr.) An analysis of evolution of market structure using the concepts of supply and demand, opportunity cost, and marginal analysis. Applications include a variety of concurrent microeconomic issues.

• ECON-E 202 Introduction to Macroeconomics (3 cr.) An introduction to macroeconomics which studies the economy as a whole; the level of output, prices and employment, how they are measured and how they can be changed; money and banking; international trade; and economic growth.

• ECON-E 270 Introduction to Statistical Theory in Business and Economics (3 cr.) P: BUS-K 201 and [MATH-M 118, MATH-M 119, MATH-I 153, or MATH-I 165], all with C- or better. This course reviews basic concepts of probability and statistics, using them to study the properties of statistical samples, summary statistics for those samples and their use to test statistical hypotheses. It also studies basic statistical decision theory and the use of statistical techniques to study relationships between variables: regression and correlation analysis, analysis of variance.

Finance

• BUS-F 151 Personal Finances of the College Student (1 cr.) Introduction to the basic planning tools and concepts for college-age financial literacy.  Emphasis on financial decisions and challenges facing a typical college student.  Topics include careers, goal setting, budgeting, tax planning and credit, including options for financing higher education.  Foundation of the Financial Literacy Curriculum.

• BUS-F 152 Basic Financial Planning and Investment (1 cr.) Introduction to the basic planning tools and concepts for financial literacy into adulthood and retirement.  Emphasis on analyzing, selecting and managing investments over a lifetime.  Topics include time value of money, financial statements, retirement objectives, and investing in various financial assets.  Part of the Financial Literacy Curriculum.

• BUS-F 251 Managing Personal and Financial Risk (1 cr.) Introduction to the basic planning tools and concepts for effective risk management. Emphasis on determining, analyzing and managing lifestyle and career factors contributing to financial risk. Exploration of uses, suitability and advantages of various insurance products for major risks. Part of the Financial Literacy Curriculum. 

• BUS-F 301 Financial Management (3 cr.) P: BUS-A 202 and BUS-J 211, all with C- or better. An overview of the essentials of corporate finance needed to compete effectively in an increasingly global environment. Topics include financial statement analysis, long-term planning, time value of money, discounted cash flow, behavioral finance, risk and cost of capital, capital budgeting, and ethics. Provides an introduction to the practice areas of finance and challenges students to develop a curiosity for how tools of finance are used in business and investments, and in life.

• BUS-F 303 Intermediate Investments (3 cr.) P: BUS-F 301 with C- or better. Provides a rigorous treatment of the core concepts of investments. Covers portfolio optimization, market efficiency, the pricing of equity, fixed income and derivative securities, and analyzes international investments. Makes extensive use of spreadsheet modeling to implement financial models.

• BUS-F 305 Intermediate Corporate Finance (3 cr.) P: BUS-F 301 with C- or better. Provides a rigorous treatment of the core concepts of corporate finance. Covers capital budgeting, the valuation of firms, capital structure choices and payout policies. Makes extensive use of spreadsheet modeling to implement financial valuation models.

• BUS-F 420 Equity and Fixed Income Investments (3 cr.) P: BUS-F 301 with C- or better. A detailed examination of the management and valuation of equity and fixed income securities. The analysis of individual securities, the grouping of these securities into portfolios, and the use of derivative securities to modify the return/risk profiles of more traditional stock and bond portfolios will be discussed.

• BUS-F 421 Derivatives Securities / Corporate Risk Management (3 cr.) P: BUS-F 301 with C- or better. This course provides an in-depth examination of the institutional details of the derivative security markets and derivative security valuation. Additionally, speculative and risk management uses of derivatives are studied in detail.

• BUS-F 446 Bank and Financial Intermediation (3 cr.) P: BUS-F 303 with a minimum grade of C-. This course covers the broad area of financial intermediation. The main topics studies are (i) the economic role of financial intermediaries--with an emphasis on commercial banks; (ii) the management of financial intermediaries; (iii) the regulation of commercial banks and other financial institutions.

General Business

• BUS-D 101 Introduction to International Relations (3 cr.) Introduces the practice and study of international relations. Topics covered include history and diverse theoretical perspectives on international relations and basic concepts like anarchy, sovereignty and balance of power. Course will also examine a variety of perspectives from Economics, Film, Literature, Political Science, among others. No prior knowledge is assumed. 

• BUS-D 301 The International Business Environment (3 cr.) P: BUS-D 101, ECON-E 201 and ECON-E 202, all with C- or better. Economic environment for overseas operations. The objective of this course is to familiarize students with the environment in which international companies operate. Thus, participants should acquire awareness of, and an appreciation for, the diversity and complexity of the international environment.  More specifically, the successful completion of this course should enable them to understand and analyze environmental problems which challenge management.  Additional objectives of the course include: to explain how the international business environment affects us as citizens, consumers, and workers; to describe trade, investment, and financial links among countries; and to help interpret contemporary events from the perspective of international business.  While the emphasis of the course is on analysis, students will acquaint themselves with the special terms, concepts, and institutions encountered in international business. 

• BUS-J 401 Strategic Management (3 cr.) P: BUS-X 390 with a C- or better. P or C: Experiential Learning course. Permission Required. Strategic planning; environmental analysis; internal analysis; policy formulation; organization methods; and executive control. A business simulation is used to develop action-oriented plans affecting long-run consequences of both national and international operations of the firm.

• BUS-J 404 Business and Society (3 cr.) P: BUS-Z 302 with C- or better and Senior Standing. Major ethical theories are examined in order to provide a basis for analyzing ethical behavior in the business environment. Such issues as economic competition, discriminatory practices, manipulation of power, environmental conservation, and organizational cultures are investigated.

• BUS-J 211 Foundations of Integrated Business Decision Making (3 cr.) P: BUS-X 100 with a C- or better. Course builds upon introductory business concepts to teach students how interdisciplinary management decisions are made regarding product design, marketing, operations, and allocation of financial and human capital.  Course content uses competitive gamification to emphasize and illustrate principles foundational to effective navigation of strategic tradeoffs when leading a business enterprise. 

• BUS-K 201 Foundations of Business Information Systems and Decision Making (3 cr.) Introduction to the role of computers and other information technologies in business. Provides instruction in both functional and conceptual computer literacy. Introduction to the basic concepts of computer use and current technological innovation in social and business environments. Topics include technology and organizational change, telecommunications, privacy in the information age, and business security on the Internet. Functional computer literacy includes use of a spreadsheet (Excel), a relational database (Access), and electronic communications software (e-mail and internet browsers), as well as the applications of these skills to solve a variety of business problems.

• BUS-X 100 Business Administration: Introduction (3 cr.) Business administration from the standpoint of the manager of a business firm operating in the contemporary economic, political, and social environment.

• BUS-X 103 Kelley First Year Seminar, aka Business Learning Community (1 cr.) This course is designed to assist students to be successful at the university and to develop skills and competencies that will enable them to perform well in courses offered by the Division of Business. 

• BUS-X 204 Business Communications (3 cr.) P: P: ENG-W 131 with C- or higher. Theory and practice of written communication in business; use of correct, forceful English in preparation of letters, memoranda, and reports.

• BUS-X 220 Professional Practice (2 cr.) P: BUS-X 204 or ENG-W 131 with C- or higher. Introduces students to the process of career planning and development through self-assessment, exploration of business options, and early planning and goal setting.

• BUS-X 390 Integrative Experience (3 cr.) P: BUS-F 301, BUS-M 301, and BUS-P 301 all with C- or better. Integrative Experience is a unique learning experience that integrates knowledge and skills from three critical functions of the business enterprise: finance, marketing and operations. Managers of firms and organizations big and small need to understand the interrelated dynamics of all three functions in order to be successful, highly valued managers (and for their firms to be successful, highly valued enterprises). An integrated business simulation is the primary tool used to analyze, integrate, and synthesize the management of a business in a team environment. 

• BUS-X 405 Topical Explorations in Business (2-3 cr.) P: Prerequisites vary by topic. Permission Required. Specific topics announced as courses are offered. Current topics include AI Augmented Work, Management of Sport Enterprises, and Virtual Exchange Study. 

• BUS-X 483 Undergraduate Internship in Business (1-6 cr.) P: Dependent on category of internship: BUS-A 311 for accounting, BUS-F 301 for finance, BUS-M 301 for marketing, BUS-Z 302 for management or innovation management. Permission required. Professional practice internship focused on one or more business concentration areas. Students must submit online internship proposal form by deadlines listed in the schedule of classes. Students receive work experience in cooperating firms or agencies. Comprehensive written reports required.

• BUS-X 497 Undergraduate Research Project in Business (1-3 cr.) P: Dependent on category of internship: BUS-A 311 for accounting, BUS-F 301 for finance, BUS-M 301 for marketing, BUS-Z 302 for management or innovation management. Permission Required. Supervised student research project in one or more business concentration areas. Students must submit research proposal form by deadlines listed in the schedule of classes. Students collaborate with a faculty mentor to define, propose and complete a research project with potential opportunities to exhibit or present their work on campus, at a conference, and/or via publication in a professional business journal. 

Marketing

• BUS-M 301 Introduction to Marketing Management (3 cr.) P: BUS-J 211 and BUS-X 204, all with C- or better. Overview of marketing. Marketing planning and decision-making examined from the firm's and consumer's viewpoints; marketing concept and its company-wide implications; integration of marketing with other functions of the firm; international aspects. 

• BUS-M 303 Marketing Research (3 cr.) P: BUS-M 301 with C- or better. Focuses on the role of research in marketing decision making.  Topics include defining research objectives, syndicated and secondary data sources of marketing information, exploratory research methods, survey research design, observational research techniques, experimental design, sampling procedures, data collection and analysis, and communicating research findings. 

• BUS-M 401 International Marketing (3 cr.) P: BUS-M 301 with C- or better. This course helps students understand the global marketing process and the challenges that an international marketer faces finding opportunities to grow outside the home country in the dynamic international trade environment of the 21st Century. Students will observe and understand how cultures, history, political environments, the international legal environment, international economic arrangements, technical standards and currency movements interact with the marketing mix. This advanced course will provide students with the opportunity to apply what they have already learned about the principles of modern marketing to the diverse and dynamic global marketplaces.

• BUS-M 405 Consumer Behavior (3 cr.) P: BUS-M 301 with C- or better. This course provides a detailed understanding of how marketers create value for customers, what motivates shoppers to buy, how consumers process information and make decisions, persuasion techniques, cross-cultural influences on consumer behavior, and the impact of sustainable business practices on consumer choice. 

• BUS-M 415 Advertising and Integrated Marketing Communications (3 cr.) P: BUS-M 301 with C- or better. Basic advertising and sales-promotion concepts. The design, management, and integration of a firm's promotional strategy. Public policy aspects and the role of advertising in marketing communications in different cultures.

• BUS-M 432 Digital Marketing (3 cr.) P: BUS-M 301 with C- or better. This course provides a practical understanding of digital marketing strategy, metrics, and the tools for digital marketing campaign analysis, including digital advertising, email marketing, social media marketing, mobile marketing, content marketing, SEO, analytics, and conversion optimization. Students also learn how to incorporate these concepts into a comprehensive, integrated digital marketing strategy and create a marketing plan.

• BUS-M 450 Marketing Strategy (3 cr.) P: BUS-M 405 with C- or better. C: BUS-M 303 with C- or better. Ideally taken in the student's final semester. Capstone course for marketing majors. Focuses on marketing's role in gaining a sustainable competitive advantage. Topics include competitor analysis, customer analysis, marketing environmental analysis, market potential analysis, and managing competitive interaction. Emphasis is on applications through the use of case studies and/or marketing game simulation of competitive interaction and the development of a strategic marketing plan. 

Management

• BUS-W 411 Innovation and Design Thinking (3 cr.) P: Business Major with Junior or Senior Standing. Permission Required. The ability to innovate and bring new products and services to the marketplace are critical success factors for non-government organizations, local and regional businesses, and multinational enterprises.  Design Thinking is an iterative problem-solving process focused on synthesizing the needs of people, the technical feasibility of an idea, and its overall business viability. 

• BUS-W 430 Organizations and Organizational Change (3 cr.) P: BUS-Z 302 with C- or better. The objective of this class is to introduce the principles of organization design - the blueprint by which different parts of the organization (e.g., production, marketing, financial, accounting, and MIS systems) fit together to create an effective organization. Organization design provides the means by which strategy and goals are implemented so it is as important to a firm's overall performance as financial performance, operational efficiencies or market share. 

• BUS-Z 302 Managing and Behavior in Organizations (3 cr.) P: BUS-J 211 with C- or better. Integration of behavior and organizational theories. Application of concepts and theories toward improving individual, group, and organizational performance. Builds from a behavioral foundation toward an understanding of managerial processes.

• BUS-Z 440 Personnel-Human Resource Management (3 cr.) P: BUS-Z 302 with C- or better. Nature of human resource development and utilization in American society and organizations, government programs and policies, labor force statistics, organizational personnel departments, personnel planning, forecasting, selection, training, and development. Integration of government and organizational human resource programs.

• BUS-Z 443 Developing Employee Skills (3 cr.) P: or C: BUS-Z 440 C- or better. Focuses on skills that relate to the acquisition and/or identification of knowledge, skills, and abilities among job applicants or current employees. Students will learn how to identify individuals who currently possess the knowledge, skills, and abilities (KSA) required to be effective members of contemporary organizations and how to identify specific training needs and formulate and implement programs designed to address observed KSA deficiencies.

• BUS-Z 445 Human Resources Selection (3 cr.) P: or C: BUS-Z 440 (with C- or better if taken as a prerequisite). The ability to evaluate applicants and predict their future performance is a critical function in any organization that wishes to have a competitive edge over other firms. This course will provide students with an understanding of the technical components of selection, including how to determine which applicant characteristics should be examined, what procedures should be used to gather information, and how that information should be combined to identify qualified job applicants.

• BUS-Z 447 Leadership, Teamwork, and Diversity (3 cr.) P: BUS-Z 302 with C- or better. In this course, students develop a "toolkit" of leadership behaviors to use in a variety of situations, when those working with and/or for them need to be motivated toward a common good, particularly when that work involves the use of teams made up of diverse individuals. Much of the course requires personal reflection to help students develop and enhance skills needed as a manager/leader and effective team member.

Management and Operations

• BUS-P 301 Operations Management (3 cr.) P: BUS-J 211 and ECON-E 270, all with C- or better. An introduction to the design and management of manufacturing and service operations. Students learn basic tradeoffs associated with operations management decisions, identify and quantify operating characteristics, and apply a variety of tools and techniques. Topics include process management, quality performance, constraint management, lean systems, inventory management, supply chain design, logistics. 

• BUS-P 330 Project Management (3 cr.) P: BUS-P 301 with C- or better. This course will introduce the student to the full range of project management topics, concerns, problems, solution methods and decision processes. These areas include: project selection, project organizational structures, negotiation, project planning, project scheduling and resource loading, project budgeting, project monitoring and control project auditing, and project termination. 

• BUS-P 356 Lean Six Sigma (3 cr.) P: BUS-P 301 with C- or better. This course introduces students to the Lean Six Sigma methodology and related statistical tools at the green belt level of competency, and equips those students to become significant contributors on lean six sigma projects in the future.

• BUS-P 421 Supply Chain Management (3 cr.) P: BUS-P 301 with C- or better. This course focuses on the strategic design of supply chains with a particular focus on understanding customer value. Supply chain strategy examines how companies can use the supply chain to gain a competitive advantage. Students develop the ability to conceptualize, design, and implement supply chains aligned with product, market, and customer characteristics. The course approaches supply chain management from a managerial perspective and introduces concepts in a format useful for management decision making including using case analysis, team-based learning and business presentations. Topics include: Supply chain mapping; Supply chains and new products; Customer relationship management; Sustainability and SCM; Performance metrics; Collaboration; Customer service; and Supply chain risk management.

• BUS-P 450 Special Topics in Supply Chain Management (3 cr.) P: BUS-P 421 with C- or better. This course covers a variety of important topics within supply chain management including supplier development, value analysis / value engineering, negotiations, and additive manufacturing.

• BUS-K 353 Business Analytics & Modeling (3 cr.) P: ECON-E 270 with C- or better. This course focuses on the layered process of transforming data into insights which includes descriptive analytics to characterize data, predictive analytics that centers on the use of machine learning algorithms to evaluate the likelihood of future outcomes and prescriptive analytics to identify optimal strategies to achieve the performance goals.