| ACC 150 | Principles of Accounting I (3) (formerly College Accounting I) |
| Prerequisite: BUS 103, BUS 150 | |
| This course introduces students to the accounting cycle and methods to record and report financial information through application of procedures used to classify, record, and interpret business transactions and prepare financial statements. Students will demonstrate an understanding of the Accounting equation and explain the purpose of the closing process. (Note: 3 lecture credits) | |
| ACC 151 | Financial Accounting (3) (formerly College Accounting II) |
| Prerequisite: ACC 150 | |
| This course is a continuation of ACC 150, with emphasis on the corporate setting and fundamentals of financial accounting. Topics will further discuss long-term investments, liabilities, both current and long-term, and stockholders’ equity. Students will analyze financial statements by using horizontal, vertical, and ratio analysis. (Note: 3 lecture credits) | |
| ACC 152A | Payroll & Income Tax (3) (formerly College Accounting III) |
| Prerequisite: ACC 150 | |
| This course provides an overview of federal and local income taxation with emphasis on individual business taxes. Students will study and perform the recording process and preparation of payroll and tax filing using the American Samoa System and the Federal Tax bracket system. (Note: 3 lecture credits) | |
| ACC 210A | Managerial Cost Accounting (3) (formerly Payroll & Income Tax Preparation) |
| Prerequisite: ACC 151 | |
| This course focuses on the in-depth study of manufacturing cost accounting with emphasis on job order process, cost systems, the development of managerial skills in using accounting, and financial information to create budgets. Analyzing of material costs, labor costs, and manufacturing overhead costs will lead into the understanding of the cost-profit analysis in determining the breakeven points, and the fixed and variable costs involved in cost accounting. (Note: 3 lecture credits) | |
| ACC 220 | Automated Accounting (3) (formerly Using Computers in Accounting) |
| Prerequisite: ACC 152A | |
| This course reinforces student’s knowledge of accounting concepts and principles through the use of computers. Instructions will be provided in computer operations using commercially available accounting software such as Peachtree or QuickBooks. Students should be able to utilize skills in entering data for the software to create financial reports, closing statements, and payroll accounting that will assist them to land on middle level business jobs. A worksite experience of 25-30 hours is required upon completion of the course. (Note: 3 lecture credits) | |
| BUS 103 | Introduction to Business (3) |
| This course provides an overview of the American free enterprise market system. The course introduces students to entrepreneurship and the business process, with a balanced overview of the interwoven nature of basic business discipline and principles. Topics to be explored include business formation and practices, small business management, market dynamics, economic systems, competitive strategies, business ethics and social responsibilities. (Note: 3 lecture credits) | |
| BUS 150 | Financial Math (3) (formerly BUS 200) |
| This course strengthens the theory and applications of commonly used business calculations such as simple and compound interests, face value, maturity value, and present value computations by using the 10-key calculators and electronic displaying printing calculators. Emphasis will be placed on hands-on skills through the completion of the Assimilation Package (18 hands-on jobs). (Note: 3 lecture credits) | |
| BUS 160 | Business Communication (3) (formerly BUS 225) |
| Prerequisite: BUS 103, ENG 150 | |
| This course is designed to provide knowledge and skills needed for effective communication to achieve personal and business goals. It will challenge students to think, create, and analyze verbal and non-verbal communication. Students will prepare business correspondence and written reports, deliver oral presentations, and use electronic writing and presentation tools. The course will also focus on career employment process and communicating with a diverse and global workforce. Skills in grammar, punctuation, and business vocabulary will be developed throughout the course. (Note: 3 lecture credits) | |
| BUS 170 | Ethics in the Workplace (3) (formerly BUS 210) |
| Prerequisite: ENG 151 | |
| This course introduces students to the contemporary issues of ethics, morality, and social responsibility that face the business community, both locally and globally. Students completing this course will be able to define various theories of ethics, appreciate the importance of ethics framework for analyzing and resolving real-world ethical issues, as well as to gain knowledge and critical thinking skills to analyze and resolve ethical issues in business and management. The course will examine such components as the nature and purpose of professional standards and codes, the role played by individual character in professional life, and the demands and pressures encountered by professionals within their institutional settings. (Note: 3 lecture credits) | |
| BUS 180 | Applied Business Statistics (3) |
| Prerequisite: BUS 103, ENG 150, MAT 151 | |
| This course provides an introduction to both theory and applications of statistical methods used for a description and analysis of business problems. The course develops a student’s analytical skills by introducing basic statistical concepts and techniques, including probability and sampling, descriptive statistics, inference, regression and one-way analysis of variance. The course will rely on business case scenarios for practical applications and conclude with how statistics are used in society and business. (Note: 3 lecture credits) | |
| BUS 260 | Business Law (3) |
| Prerequisite: BUS 103, ENG 151 | |
| This course explores the US and American Samoa legal system environment in which businesses operate and studies the interaction between business and the legal system. Students examine various areas of the law which are important to business. Topics include the court system, government regulations, torts, contracts, agency, ethical and criminal implications of business actions, property laws, and the legal aspects of different business entities. (Note: 3 lecture credits) | |
| ECO 250A | Principles of Microeconomics (3) (formerly ECO 251) |
| Prerequisite: BUS 103, ENG 151 | |
| This course introduces students to economics as a way of thinking, observing, analyzing and identifying problems and their possible solutions. Topics included demand and supply, scarcity and prices, maximizing utility, production and costs, perfect competition, monopoly, antitrust and regulations, distribution of income, unions, market failure, public goods, international trade and financing, gross domestic product (GDP), gross national product (NPD), and the FED. (Note: 3 lecture credits) | |
| ECO 250B | Principles of Microeconomics (3) (formerly ECO 250) |
| Prerequisite: BUS 103, ENG 151 | |
| This course introduces students to the overview of economics and its key categories. Students will be familiarized with concepts and principles of the American economy. Topics will further discuss opportunity cost, economic activities in producing and trading, supply and demand, prices and unemployment, real GDP, monetary and fiscal policies, economic stability, taxes and deficits, public debts, money and banking, natural and unemployed resources, and applying modern technology in solving and interpreting numbers and graphs. (Note: 3 lecture credits) | |
| MGT 250 | Principles of Management (3) |
| Prerequisite: ECO 250A or ECO 250B | |
| This course introduces students to an overview of reaching organizational goals by working with people. Students are familiarized with the principles of management, the four functions of management, classical approaches to system management, theories and concepts related to human motivation in management careers. (Note: 3 lecture credits) | |
| MGT 255 | Human Relations & Organizational Behavior (3) |
| Prerequisite: MGT 250, MKT 195 | |
| This course introduces students to study the development of individual and inter-personal relationships applied to business and industry. Emphasis is placed upon values, communications, problem-solving, motivation, leadership, and how individual interact with each other within a group environment. In addition, human relations skills and organizational behavior concepts are developed within organization environments to better understand behavior, performance, learning, perception, values and diversity. Communication skills, conflict resolution, power, politics, and team dynamics are presented and analyzed within modern organizations. (Note: 3 lecture credits) | |
| MKT 195 | Principles of Marketing (3) (formerly MKT 200 Retailing) |
| Prerequisite: BUS 103, BUS 150, ENG 151 | |
| This course provides a general overview of the field of marketing, including price, product, place, and promotion of consumer goods. Marketing strategies, channels of distribution, marketing, retailing, research, products promotion and advertising, consumer attitudes as they relate to marketing will be studied. Students will learn that marketing is not just advertising, retailing, or selling; it compasses of myriad of concepts, techniques, and activities all directed toward distribution of goods and services to chosen consumer segments. (Note: 3 lecture credits) | |
| MKT 212 | Marketing & Management Practicum (2) (formerly Salesmanship Practicum) |
| Prerequisite: MKT 195, MGT 255 | |
| This course offers opportunities for students to earn credit in directed work experience of 30 to 40 hours in either marketing and/or management within an approved business (private or public) agency approved by the department chair or instructor. Students will be required to file an exit report on work experience together with an approved Performance Evaluation by the work-site employer. An off-island field or e-marketing research is planned to obtain direct observation or in-depth understanding on how various products are produced, packaged, stored, and distributed (Note: 1 lecture credit and 1 lab credit) | |