University of Richmond BULLETIN
All classes meet in building of T. C. Williams Law School Lombardy and Grace Streets
c.A.nnouncement OF TI-IE
Evening School ·of Business Administration
Session 1932-1933
T. C. WILLIAMS LAW SCHOOL BUILDING
LoMBARDY AND GRACE STREETS
Registration begins September 29th, Thursday, 1932
Classes Begin October 3rd, Monday, at 7: 30 P. M.
CALENDAR
FIRST SEMESTER
SEPTEMBER29TH,THURSDAY-Registration of Students.
0cTOBERT3RD,MoNDAY-Classes begin.
DECEMBER21sT, WEDNESDAY-ChristmasHolidays begin.
JANUARY4TH,WEDNESDAY-Classwork resumed.
JANUARY19TH,THURSDAY-Examinations begin.
JANUARY28TH,SATURDAY-Closeof First Semester.
SECOND SEMESTER
JANUARY30TH,MoNDAY-Second Semester begins.
MARCH22ND,WEDNESDAY-SpringVacation begins.
MARCH30TH,THURSDAY-Classwork resumed.
MAY29TH,MoNDAY-Examinations begin.
JUNE7TH,WEDNESDAY-Closeof Second Semester.
ADMINISTRATIVE OFFICERS
FREDERICK WILLIAM BOATWRIGHT, M.A.,LL.D., President
BENJAMIN WEST TABB, B.A. Vice-President and Treasurer
HAYNIE SEAY, JR., M.A.. Director
J. KENNETH RADER, B.S. Secretary
FACULTY OF INSTRUCTION
J.H. RussELL, PH.D.
Accounting University of Richmond, Virginia
G. C. HENDRICKSEN, M.A., C.P.A...... . . Accounting University of Richmond, Virginia
D. J. MAYS, LL.B.
Business Law Tucker, Bronson & Mays, Richmond, Virginia
SHERLOCK BRONSON, LL.B.
Corporation Finance Tucker, Bronson & Mays, Richmond, Virginia
H. H. SEAY, JR., M.A. .
Economics University of Richmond, Virginia
BA O L f English A. C. SAGER, .. , B .. , L .B. . . . . . . l p bl' s k' (._ u zc pea zng
University of Richmond, Virginia
R. G. RICHARDS,M.A., C.L.U.t Life Insurance Psychology and Salesmanship l Life Insurance Fundamentals
Atlantic Life Insurance Company, Richmond, Va.
R. T. MARSH,JR., M. A. . . . Investments
Dominion Security Corporation, Richmond, Va.
H. P. THOMAS,PH. D. J Money and Banking I Public Finance
University of Richmond, Virginia
R. C. McDANEL,PH.D. Political Science
University of Richmond, Virginia
R. C. AsTRoP,M.A. . . . . . . . . . . . . . . Psychology
University of Richmond, Virginia
RoLvrx HARLAN,PH.D. Sociology
University of Richmond, Virginia
W. F. CAYLOR,M.A. . . .
University of Richmond, Virginia
. • Spanish
EVENING SCHOOL of BUSINESS ADMINISTRATION
Announcements
PART OF THE UNIVERSITY
The Evening School of Business Administration is one of the four collegesof the University of Richmond. The University is the outgrowth of the original Richmond College, which was founded in 1832and incorporated in 1840. The Evening School was organized in 1924with an enrollment of 51 students and has enjoyed a constant growth each year since that time. Work done in this division is of full college grade and credit therefor is accepted at face value toward a degree. This college is co-educational.
ENTRANCE REQUIREMENTS
High school graduation with fifteen approved units is required for entrance. Students twenty-one years of age or older may be admitted as specialstudents.
CREDITS
To receive credit a student must meet the entrance requirements, attend classes regularly, and pass a final examination at the end of each semester. For each class so passed each semester two semester hours credit is given. At the present time enough classes are offered to obtain approximately eighty-five semester hours credit. Others will be offered as demanded.
CLASSES TO BE CARRIED
_Anystudent may carry one or more classes, according to his or her wishesor ability. It is possible for a very energetic student to carry
as many as five classes each semester. This means that a student would be loaded to capacity and is recommended only to earnest and capable students. By doing so a student can obtain twenty semester hours credit each session.
VALUE TO STUDENTS
The Evening School has been established for the purpose of affording opportunity for college education to persons unable to devote their entire time to study. Besides offering courses for cult ural improvement and business training, the school offers pre-pro fessional training for Law, Accounting and Insurance.
ENTRANCE TO THE LAW SCHOOL
All of the work done in the Evening School by a regular student is accepted in fulfilment of requirements for entrance as a regular student in the Law School. Sixty semester hours credit is required for entrance to the Law School and a student may, by carr ying the maximum number of classes each year in this division, prep are himself for the Law School in three years without attending any day classes whatsoever.
C. P.A. EXAMINATION
The accounting courses offered in the Evening School, if successfully passed by a regular student, are accepted as fulfilmen t of the educational requirements of the candidates to take the C. P A. examinations in Virginia. The Business Law courses also pre pare for the law division of the examination.
C. L. U. DESIGNATION
Several of the courses offered prepare directly for the examin~tions for the designation of Chartered Life Underwriter. T he Umversity co-operates directly with the American College of Life Und~rwriters in offering this instruction. One of the three C . L. U.'s 1~ Richmond received his preparation in the Evening School of Business Administration.
CLASS HOURS
Classes in each course will meet once each week for 100 minutes, unless stipulated otherwise in the description of particular courses, beginning at 7 :30 P. M.
STUDENT ACTIVITIES
Studen t s of the Evening School of Business Administration are student s of the University of Richmond. The traditions of the other collegesof t he University are well known in the city. Tradition is present in the spirit of the personnel of this college also and it is the policy of the administration and faculty to foster any proper organizations and activities that the students should undertake .
LOCATION
The Evening School of Business Administration is located in the T. C. W illiams School of Law Building at 601 North Lombardy Street and occupies a major portion of the space on the first floor.
COURSES OF STUDY FOR 193"' 19 3?
AccoUNTING.l. Fundamentals of Accounting.-A beginning course intended ( 1) for those who seek the business executive's approach to an un derstanding 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, advance s rapidly through the principles of debit and credit and other routine of double entry bookkeeping to the construction from the tri al 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 wi)l receive attention Two hours per week through the year. Reqmred for the degree. Fee, $10.00 a semester.
AccoUNTINGII. Intermediate Accounting.-The equivalent of Ac~ounti~g I is a prerequisite. The corporate form of organization is con~mued with the accounting procedure applicable to the manufactunng type of business. The Voucher System and the self-bal-
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ancing 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.
AccouNTING III. 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.
AccouNTINGIV. Cost Accounting and Auditing.-The first seme11ter 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 semester is devoted largely to the study of special accounting 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.
*BusINESSLAw I. Practically all business relationships have a leg~! background in that they involve some contractual undertaking. Bus1 · ness law, therefore, constitutes an essential part of training for business. A careful study is made of those phases of law which are re-
*Prepares for C. L. U. examination.
lated most closely to the successful conduct of business transactions. The principles of contracts, agency, sales and negotiable instruments receive special emphasis. This course is required for the degree. Fee, $10.00a semester.
BusINESSLAw II. This course covers partnership, corporations, insurance, suretyship and certain phases of the law of property. It is to the advantage of the student first to complete Business Law I before undertaking this course, but it is not requisite. Fee, $10.00 a semester.
*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.
*PRINCIPLESOFEcoNoMICS. The underlying theories of Economics are developed by reference to specific conditions. Partial list of topics for discussion included 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; individual conferences. Fee, $10.00 a semester.
ENGLISHII. A course in cultural English adapted equally to the prospectivebusiness 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 ess~y,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.
ENGLISHIII. Shakespearian Drama. - Intensive study of a few plays for the first semester; comprehensive reading and study of
*Prepares for C. L. U. examination.
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others, for the second semester. Emphasis mainly upon linguistic and literary elements. Lectures and recitations. Two hours a week. Fee, $10.00 a semester.
*INSURANCEPRINCIPLESANDPRACTICES.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 with the legal fundamentals relating to contract, 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.
*LIFE INSURANCESALESMANSHIPANDPsYCHOLOGY.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 successis based upon a thorough knowledge of fundamental principles. First semester, Wednesdays, $10.00.
*BusINESSLIFE INSURANCETRUSTS.In this course will be discussed the advantages that life insurance has to offer in the solution of t~e 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
*Prepares for C. L. U. examination.
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trust agreements found most satisfactory, so that the underwriter will himself be able to present complete propositions for the consid- eration of his clients. The desirability of close co-operation 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, $10.00.
*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 de- voted to the analysis of prospectuses, financial statements, etc., of numerous varieties of security issues. Security marketing methods and policies will also be discussed. Fee, $10.00a semester.
*MoNEYANDBANKING.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.
*POLITICALScrnNcE. 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, $10.00a semester.
GENERALPsYCHOLOGY.Normal adult human psychology. The course will proceed from a study of the general more complex fac- tors involved in human consciousness and behaviour, such as intelli~ence,memory, learning, motivation, feeling and emotion, imaginat10n,thinking, to the more specific factors such as sensation with a studyof physiological psychology, the neural mechanisms involved in human behaviour, embraced in the work of the second semester. Fee, $10.00a semester.
*Prepares for C. L. U. examination.
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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 institutions for mental and nervous disorders. Fee, $10.00.
*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; collective behavior; social progress. Textbook, lectures, research. Fee, $10.00 a 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 become acquainted with the technical terms and styles that characterize the language used in the Spanish business world of today. Fee, $10.00 a semester.
*Prepares for C. L. U. examination.
CLASS SCHEDULE, 1932-1933
