Vol. VIII JULY, 1931
No. 7
Announcement of the Evening School of Business Administration 1931-1932
SESSION OPENS OCTOBER 1ST, 1931
All classes meet in building of T. C. Williams Law School Lombardy and Grace Streets For Information Address H. H. SEAY,JR., Director UNIVERSITY of RICHMOND, VA. Published Quarterly
Session 1931-1932
T. C. WILLIAMS LAW SCHOOL BUILDING
LoMBARDY AND GRACE STREETS
Registration begins October 1st, Thursday, 1931
Classes Begin October 5th, Monday, at 7:30 P. M.
OCTOBERlsT, THURSDAY-Registration of Students.
OCTOBER5TH, MONDAY-Classes begin.
DECEMBER22ND, TUESDAY-Christmas Holidays begin.
JANUARY4TH, MONDAY-Class work resumed.
JANUARY21ST, THURSDAY-Examinations begin.
JANUARY30TH, SATURDAY-Close of First Semester.
FEBRUARYlsT, MoNDAY-Second Semester begins.
MARCH23RD,WEDNESDAY-Easter Vacation begins.
MARCH31ST, THURSDAY-Class work resumed.
MAY26TH, WEDNESDAY-Examinations begin.
JUNE4TH, FRIDAY-Close of Second Semester.
FREDERICKWILLIAM BOATWRIGHT,M.A., LL.D., President
BENJAMIN WEsT TABB, B.A. Vice-President and Treasurer
HAYNIE SEAY, JR., M.A., Director
MADELAINE. BIGGER, B.A. Librarian
J. H. RUSSELL, PH.D. . • . . . . . • . . Accounting University of Richmond, Virginia
R. B. CHEATHAM, B.A., C.P.A. . . . . . . . Accounting Member of the Staff of A. M. Pullen & Co., Richmond, Va.
Guy M. ScoTT, C.P.A. . . . . . . . . . . Accounting Leach, Rindfleisch & Scott, Richmond, Va.
D. J. MAYS, LL.B. . . .
. • . Business Law Tucker, Bronson & Mays, Richmond, Virginia { Business Organization and R. B. PINCHBECK, Ph.D. . . . Management Life Insurance Fundamentals University of Richmond, Virginia.
SHERLOCKBRONSON,LL.B.. . . . . • Corporation Finance
Tucker, Bronson & Mays, Richmond, Virginia
H. H. SEAY,JR., M.A. . Economics
University of Richmond, Virginia
A. C. SAGER,B.A., B.O. { English · · · · · · · · Public Speaking University of Richmond, Virginia.
R. G. RICHARDS,M.A., C.L.U.-
Life Insurance Psychology and Salesmanship
Atlantic Life Insurance Company, Richmond, Va.
R. T. MARSH, JR., M.A. . . Investments
Dominion Security Corporation, Richmond, Va.
H. P. THOMAS,M.A. . { Money and Banking · · · Public Finance
University of Richmond, Virginia
R. C. McDANEL, Ph.D. . . Political Sdence University of Richmond, Virginia
R. C. AsTROP, M.A. . . . . . . . . . . . Psychology University of Richmond, Virginia
R0Lv1x HARLAN, PH D. . . . Sociology University of Richmond, Virginia
w. F. CAYLOR,M.A. . . . . . Spanish
University of Richmond, Virginia
Th e E vening Scl:ool h as been established for th e purpo se of affording oppor tunity for colleg e education to persons unable to devot e th eir enti re tim e to study.
High school graduation with fifteen approved units is required for entrance. Students twenty-one years of age or older may be admitted as special students.
Classes in each course will meet once each week for 100 minute3, unless stipulated otherwise in the description of particular courses, beginning at 7 :30 P. M.
AccouNTING 1. Fundamentals of Accounting.-A beginning course intended ( 1) for those who seek the business executive's approach to an understanding of business administration, (2) for those desiring the elements of accounting applicable in the practice of the law, and (3) for those who intend to lay a foundation for accountancy as a profession. The study, although suited to the needs of beginners, advances rapidly through the principles of debit and credit and other routine of double entry bookkeeping to the construction from the trial balance of the balance sheet and the statement of profit and loss. Principles of interpretation of balance sheet and income statement of the sole ownership, the partnership and the corporation will receive attention. Two hours per week through the year. Required for the degree. Fee, $10.00 a semester.
AccoUNTING II. Intermediate Accounting.-The equivalent of Accounting I is a prerequisite. The corporate form of organization is continued with the accounting procedure applicable to the manufacturing type of business. The Voucher System and the self-balancing factory ledger will be studied. Balance sheets and income statements will be made comparative; the statement of application of funds and the statement showing the causes of variation in net profit as between years will be introduced. Two hours per week through the year. Fee, $10.00 a semester.
ACCOUNTINGIII. Advanced Accounting.-A course in advanced accounting theory and practice. For this course, Accounting I and II, or their equivalent, is a prerequisite. This course takes up many of the major subjects of higher accounting existing in the larger companies in modern business. Such subjects as Depreciation, Appraisals, Depletion, and Accounting methods in reference to Goodwill, Intangible and Tangible Fixed Assets, Reserves, and Funds are fully covered. Special emphasis is given to Consolidations and Mergers, and the rendition of Consolidated Balance Sheets, and Consolidated Profit and Loss Statements. Two hours per week throughout the year. Fee, $10.00 a semester.
AccoUNTING IV. Co$t Accounting and Auditing.-The first semester will cover methods of finding the cost of specific orders, the accounting procedure necessary for connecting the cost records with the general books, with practice in the use of forms common in cost accounting. During the second semester a study will be made of the principles and practice of auditing, the text being supplemented with problems and questions applicable to the various classes of audits, but more especially to the balance sheet audit. Fee, $15.00 a semester.
AccouNTING V. Systems and C. P. A. Problems.-A course designed especially for students who are preparing for the state Certified Public Accountant examinations. The first seme5ter is devoted largely to the study of special accounttng systems as used in particular fields of business and public administration. The second
semester is given largely to the analysis of questions and problems which have been given in the past by the Virginia and other state Boards. Fee, $20.00 a semester.
*BusINESS LAw. Practically all business relationships have a legal background in that they involve some contractual undertaking. Business law, therefore, constitutes an essential part of training for business. A careful study is made of those phases of law which are related most closely to the successful conduct of business transactions, with special emphasis upon the principles of contracts, negotiable instruments, sales, agency, partnership and corporation law, and carriers. Attention is given throughout the course to business forms and papers which are common to each kind of relationship studied. This course is required for the degree. Fee, $10.00 a semester.
ADVANCEDBusrnEss LAW. This course is for those who have completed the course in Business Law or have had business experience of a legal nature. Fee, $10.00 a semester.
BUSINESSORGANIZATIONANDMANAGEMENT. The first semester of this course will be devoted to capital as the legal foundation of ownership organization; legal fundamentals of ownership organization; personal ownership organizations, including the single proprietor and the variations of the partnership; security issuing organizations, including the joint stock company, the corporation, and the business trust ; business combinations through associations, factors' agreements, pools, kartels and syndicates ; investment trusts and other security substituting organizations; finance and assumption companies; ownership and organization abuses; legislation and other remedies for abuses ; and proposed reforms.
During the second semester the internal organization of manufacturing, companies, from a production viewpoint, including plant layout, construction, the planning of departments, routing of work through the plant, production methods, control and regularization of output, personnel relations, and other aspects of management will be studied. Fee, $10.00 a semester.
*Prepares for C. L. U. examination.
*CORPORATIONFINANCE. This is an advanced course dealing with the financial problems confronting business men as a result of the tremendous growth in the size of modern industrial organizations. The first semester comprises a study of underlying problems: conditions to be met, capitalization, types of securities, legal aspects encountered, etc. The second semester is devoted more to security marketing and the functions of underwriting, brokerage houses and stock exchanges. Fee, $10.00 a semester.
*PRINCIPLESOF ECONOMICS. The underlying theories of Economics are developed by reference to specific conditions. Partial list of topics for discussion include Production, Consumption, Value, Price, Monopoly, Money, Banking and Distribution. Fee, $10.00 a semester.
ENGLISH I. The elements of writing. Constant practice in the several forms of discourse. Selections from literature for illustration and example. Parallel reading; indi-v:idual conferences. Fee, $10.00 a semester.
ENGLISHII. A course in cultural English adapted equally to the prospective business man and the general student. The first term will be devoted to a review of several important periods in the literature of England. The second and the third terms will be confined to the study of modern American literature, especially the contemporary essay, drama, short-story and novel. Southern writers will be given their due place in this study. At stated intervals expository papers and written reports will be required. Fee, $10.00 a semester.
*INSURANCEPRINCIPLES AND PRACTICES. During the first semester studies will be made of the uses of insurance, its fundamental principles, types of insurance organizations, organization and management of the insurance business, types of life insurance policies, the computation of life insurance premiums, reserves, surrender values, loan values, surplus and dividends. Special forms of life insurance, accident and health insurance, and liability and compensation insurance will be studied during the first semester, along
*Prepares for C. L. U. examination.
with the legal fundamentals relating to contracts, agency, insurable interest, rates, insurance investments and related matters.
The second semester is devoted to a study of fire and property insurance, marine insurance, and casualty insurance. The latter will include particular study of automobile, title, credit and casualty insurances. Careful study will be made of the contracts, laws, salesmanship, settlement of claims, reserves, rates, investments and management of fire, marine and casualty insurance businesses.
During both semesters emphasis will be placed on the uses of insurance to its consumer as well as the technical details and usages of the insurance companies. Fee $10.00 a semester.
This course covers all steps in the sale of life insurance, including prospecting, the approach, presentation, and the close. The underlying principles of human behavior are covered in their relationship to the successful selling of life insurance.
This course may be taken with profit by the new underwriter who is eager to make rapid progress in the shortest possible period of time, and also by the more experienced man who realizes that success is based upon a thorough knowledge of fundamental principles. First semester, Wednesdays, $10.
*BUSINESSLIFE INSURANCETRUSTS. In this course will be discussed the advantages that life insurance has to offer in the solution of the problems of individual estates, the sole proprietorship, the partnership and the corporation. Methods of presenting business insurance proposals will be fully covered, and a careful study made of various trust agreements found most satisfactory, so that the underwriter will himself be able to present complete propositions for the consideration of his clients. The desirability of close cooperation with trust companies will be stressed.
This course is open to students who are familiar with the fundamental principles of life insurance and preferably possess some actual experience in selling. Second semester, Wednesdays, $10.
*Prepares for C. L. U. examination.
*INVESTMENTS. The subject of investments is of great value both to those who are preparing themselves for executive positions, in which they will have the responsibility for the investment of corporation and trust funds, and to those who desire to prepare themselves for the proper handling of their own funds. The course covers carefully the general principles of sound investment, with problem work illustrating the many points involved. Considerable time will be devoted to the analysis of prospectuses, financial statements, etc., of numerous varieties of security issues. Security marketing methods and policies will also be discussed. Fee, $10.00 a semester.
*MoNEY AND BANKING. A study of the history and problems of money and banking. Especial attention is given to the philosophy of bank credit and the principles underlying foreign exchange.
Organization and Function of Federal Reserve Banks. In addition, the main features of the Canadian banking system and the banks of England, France and Germany are considered. Fee, $10.00 a semester.
*POLITICALSCIENCE. The emphasis in this course will be placed on the organization of the Federal government. Special attention will be paid to the government of Virginia as an example of state government in the United States. Fee, $10.00 a semester.
GENERALPSYCHOLOGY.Normal adult human psychology. The course will proceed from a study of the general more complex factors involved in human consciousness and behaviour such as intelligence, memory, learning, motivation, feeling and emotion, imagination, thinking, to the more specific factors such as sensation with a study of physiological psychology, the neural mechanisms involved in human behaviour, embraced in the work of the second semester. Fee, $10.00 a semester.
ABNORMALPSYCHOLOGY.A brief account of the history and changing conceptions of mental disorder followed by a study of the contemporary viewpoints and of feeble-mindedness, the psychoneuroses, and the psychoses with occasional clinics at neighboring instituti ons for mental and nervou~ disorders. Fee, $10.00.
*Prepares for C. L. U. examination.
*PUBLICFINANCE. During the first semester the fundamental principles of public expenditures, taxation and tax system, the public and industrial domains, administrative revenues, major types of taxes, financial administration, and public credit will be examined and interpreted in terms of a detailed study of the State and local tax systems.
The second semester will be devoted to the study of the same features of the national financial system. Comparisons of our tax and financial systems with those of other countries will be made.
PUBLICSPEAKING. A course in the principles and practice of Public Speaking. The training of students in accuracy of thought, in correctness of expression, and in ease of delivery will be stressed. Practical speaking necessary for successful accomplishment is the aim of this instruction. Fee, $10.00 a semester.
*SOCIOLOGY.A study of human nature and the social order; social contacts; social interaction; social forces ; social control; collectivebehavior; social progress. Textbook, lectures, research. Fee, $10.00a semester.
SPANISHI. Elementary Spanish.-A course for students of little or no knowledge of Spanish. It deals with the elements of grammar and simple composition. Special attention is paid to pronunciation, conversation, dictation, fluency in reading and practical use of the language. Fee, $10.00 a semester.
SPANISHII. Commercial Spanish.-A study of the Spanish of commerce.This course is designed to give the student indispensable information on commercial subjects and to give him practical knowledge, instead of theory. As the student progresses he will becomeacquainted with the technical terms and styles that characterize the language used in the Spanish business world of today. Fee, $10.00 a semester.
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*Prepares for C. L. U. examination.
This schedule may be revised in case it would be more convenient to students and instructors.
