MORRIS COLLEGE CATALOG the student as both a consumer and a producer of statistics and research. It covers the analysis and evaluation of a problem in the workplace or in a vocational environment which the student has selected for an independent study project. ORM 305 Research Project Seminar I (1) Research Project Seminar I is a major research effort designed to enhance knowledge in an area related to the student’s work or community. Student activities will focus on the improvement of writing skills, presentation skills, research skills, and decision-making skills. ORM 306 Information Systems Management (3) Information Systems Management introduces students to the impact of information technologies and systems on various business processes throughout the enterprise. Students work individually and in groups using various application skills and managing related resources such as systems personnel, software applications, databases, networks and computer hardware. This course is aimed at developing the non-technical skills that business school graduates need to make appropriate decisions about the deployment of information systems throughout the firm. Prerequisite: CIS 101 ORM 307 Managerial Accounting (3) Managerial Accounting is the analysis of accounting data used in the planning, control, and decision-making activities of an enterprise. Students learn and build on financial accounting concepts and principles. Managerial Accounting topics include but are not limited to financial statements, flow of funds, cost-value-profit relationship, budgetary planning and control, cost consideration in decision making, and the use of quantitative techniques as an instrument of control and proper planning. Emphasis is on reading and understanding accounting documents rather than on their preparation. ORM 312 Managerial Finance (3) Managerial Finance is an introduction to financial management. Students explore the financial tools available for planning and analysis as well as how those tools are utilized to manage cash flows and financial resources and to evaluate future investment opportunities. Main topics include planning and analysis of financial statements; cash flow management; time value of money; analysis of risks and expected rates of return; stocks, bonds and their valuation; yield to maturity; financial ratios and their uses. Emphasis is on cash budgeting, retained earnings, dividend policy, capital budgeting, net present values and optimal capital structure. Prerequisites: ORM 307, ORM 401 ORM 400 Humanities: A Holistic Approach (3) Humanities: A Holistic Approach promotes the investigation of a specific area of the humanities often not previously explored by the student. It is designed to foster knowledge and understanding of the literature of the Judeo-Christian heritage and to relate it to life relationships and to the world in which we live. ORM 401 Managerial Economics (3) Managerial Economics focuses on the principles of economics as they need to be understood and used by managers and supervisors in all fields. In this era of “downsizing” or “rightsizing” brought on by international competition and globalization of every part of the American way of life, it is crucial that managers at every level understand and use the principles of economics to aid in making sound decisions. The objective of this course is to provide students with a sound foundation of economic principles and theory that can be used in making managerial decisions that relate to resource allocation.
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