COURSESACN 201 Financial Accounting
2 credits
Prerequisite: none (for non majors in BA and Economics)
A survey of accounting principles relevant in making managerial decisions on the basis of accounting information. Topics include internal controls, financial planning and reporting, analysis of financial statements, and elements of managerial cost accounting and budgeting. In addition, the course reviews the international standards of financial accounting and business documents of the company.
ACN 211 (Rus)/ ACN 212 (Eng) Introduction to Accounting Theory
3 credits
Prerequisite: ECO 111/ECO 112
An introduction to the basic theory and techniques of contemporary financial accounting. Topics covered include the accounting cycle,and the preparation of the major financial statements for single-owner business organizations that operate as service companies or merchandisers. This integrated approach to accounting introduces basic concepts and issues across all functional areas of accounting: financial, managerial, auditing systems and tax. Students may receive credit for either ACN 211 or ACN 212.
ACN 395 Introduction to Managerial Accounting
3 credits
Prerequisite: FIN 281/FIN282
Managerial accounting emphasizes the use of accounting information for planning, control and decision-making purposes in all types of organizations. This course explores topics in the areas of cost behavior, cost-volume-profit analysis, relevant cost analysis, cost accumulation and assignment, activity-based costing, profi t planning and control, performance evaluation, responsibility accounting, and product costing systems.
ACN 494 Management Accountancy and Business Analysis
3 credits
Prerequisite: FIN 281/FIN282
This course focuses on building an understanding of mathematical analysis techniques necessary to solve complex business problems from a wide range of business areas, including inventory, customer service, sales and quality management. Basic statistical concepts and statistical process improvement are covered.
ACN 495 Cost Accounting
3 credits
Prerequisite: FIN 281/FIN 282
A study of the basic concepts of determining, setting and analyzing costs for purposes of managerial planning and control. Emphasis is on the role of the accountant in the management of organizations and in the analysis of cost behavior, standard cost, budgeting, responsibility accounting and costs that are relevant for making decisions.
ACN 496 Accounting Information Systems
3 credits
Prerequisite: FIN 281/FIN 282
A study of the control aspects of accounting systems. Topics include sett ing standards; defining and imposing administrative, operational and security controls; judging cost-effectiveness of systems. The objective of the course is to teach students how to acquire skills in the implementation and maintenance of automated international accounting systems.
BNK 301 Banking
3 credits
Prerequisite: ECO 121/ECO 122
This course introduces the student to the history, documents and operational functions of the banking industry. Principles and theories of banking, banking organizations, non-bank financial institutions, and the basic functions of banks are covered. Recent developments and the eff ect of technological changes on banks, deregulation and globalization of the banking industry are discussed.
BNK 383 Modern Banking
3 credits
Prerequisite: none (for non majors in BA)
This course provides an introduction to the economics of banking and covers different aspects of modern banking activities. Topics include bank operation principles and functions, central banking, deposit origin, insurance of deposits, bank reserves, international banking and currency exchanges.
BNK 390 Commercial Bank Management
3 credits
Prerequisite: BNK 301
A study of the management of commercial banks, emphasizing the measurement and control of risk in asset and liability management. The focus of the courses is from an internal viewpoint in terms of what bank managers should look for in asset management and why; what market conditions they should be aware of; and what techniques they can use to meet changing economic and financial conditions.
BNK 479 Banking Marketing
2 credits
Prerequisite: BNK 301
This course studies the concepts of bank marketing. Topics include the bank services environment, the bank services consumer, identifying and targeting bank prospects; development and management of bank products, pricing for bank services, distribution, communication and promotion for bank services.
BNK 491 Accountancy in Commercial Bank
3 credits
Prerequisite: BNK 382
An introduction to the fundamentals of accounting rules, financial reporting, balance sheet analysis, and taxation of commercial banks. Emphasis is placed on the accounting practices in the different divisions of commercial banks and the wide range of issues connected with the transition to International Accounting Standards in banking.
BUS 111 Introduction to Business
3 credits
This course is a survey of the fi eld of business management. Topics include the business environment, global and economic forces, ethical behavior, human relations, business organization, functional management, products and services, quality management, technology in business, and current issues and developments in business.
BUS 250 Team Leadership
2 credits
This course introduces the key concepts of teams and teamwork and covers the essential theory and practical skills for successful leadership of teams. The emphasis is on issues regarding teams and team leadership: how to set goals in teams, how to create team structures, defi ning team processes and learning to deal with problems as they arise.
BUS 260 Business Ethics
3 credits
A study of the relationship of business ethics and social responsibility in both domestic and global sett ings. The emphasis of this course is on the definition, scope, application and analysis of ethical values pertaining to the functional areas of business at both the domestic and global levels. Ethical and moral considerations of corporate conduct, social responsibilities, policies and strategies are explored.
BUS 301 Business Communication
3 credits
The study of communication in modern organizations and the application of communication theory to information systems and current business practices. An in-depth analysis of communication problems and practices as they occur in modern business. Special emphasis is given to development of business writing skills as they apply to decision-making, report writing and business communication systems.
BUS 311 (Rus)/BUS 312 (Eng) Contemporary Entrepreneurship
3 credits
Prerequisites: MNG 301/MNG 302, ACN 211/ACN 212
This course exposes the student to the challenges, problems and issues faced by entrepreneurs who start new ventures, especially in the Kyrgyz economic system. Students learn how to identify and evaluate business opportunities, develop a business concept and marketing plan, assess and obtain the required resources, manage the growth of new ventures and exit strategies. Students may receive credit for either BUS 311 or BUS 312.
BUS 361 Principles of Insurance and Risk Management
2 credits
Prerequisites: ACN 211/ACN 212
This course provides a general framework for understanding insurance and risk. Topics include the eff ects of risk, the tools and methods used to measure and manage risk, the reduction and transfer of risk through life and liability insurance, and the process of making risk management decisions. Institutional details with emphasis on current practices of the insurance industry in the C.I.S. countries and the Kyrgyz Republic are presented.
BUS 371: Real Estate Process in USA
3 credits
Prerequisites: ACN 211/ ACN 212, BNK 301
A survey of the real estate industry. Topics include land description and the usage of land, forms of ownership, contracts, deeds, mortgages, title search and closes, liens, fi nancing sources, feasibility analysis, the appraisal process, investments in real estate, debt/equity fi nancing and the sales and marketing process.
BUS 381 Real Estate Development
3 credits
Prerequisite: BUS 371
An advanced course incorporating principles and procedures of real estate appraisal. Topics include the real estate market, principles of valuation, building and site analysis, legal concepts and the application of the three approaches to real estate valuation.
BUS 392 Securities Market and Stock Exchange
3 credits
Prerequisites: FIN 281/ FIN 282, BNK 301
A study of the basic principles of stock exchanges functioning in the Kyrgyz Republic and abroad, the types of stock exchange instruments and conditions of their issuance. The course covers the activities of key institutions in the securities market. (Provides the foundation knowledge for the qualification test with the National Commission on Securities Market, necessary to work on the Kyrgyz stock market.)
BUS 411 International Business
3 credits
Prerequisite: MNG 301/ MNG 302
An introduction to the fi eld of international business: the environment and challenges of international commerce. Topics include country-market diff erences, value systems and beliefs; language and other forms of communication; trade and investment patt erns, the international fi nancial environment, issues in business-government relations and strategies for international business.
BUS 461 (Rus)/BUS 462 (Eng) Business Planning
3 credits
Prerequisites: FIN 281/FIN 282, MRK 301/MRK 302
This course focuses on strategic planning for new and existing organizations. This course covers methods for analyzing the market and competition, setting achievable goals and focusing on a strategic business plan. Topics include understanding the probability of risks, crisis management, disaster recovery and business continuity plans. Students may receive credit for either BUS 461 or BUS 462.
BUS 494 Capital Market
3 credits
Prerequisite: BNK 301
This course provides an analytical approach to the understanding of the structure and operation of capital markets. Major topics include valuation of assets in general, theory of effi cient portfolio, the tradeoff between risk and return, hedging and arbitraging, and efficient markets.
COM 205 Technology and Information Systems
3 credits
This course introduces students to the study of organizations as systems supported by information processing. Students will be able to distinguish information needs at diff erent levels in an organization and investigate information systems to support management functions of an organization.
FIN 281 (Rus)/FIN 282 (Eng) Financial Accounting
3 credits
Prerequisites: ACN 211/ACN 212
An introduction to the theory and practice of accounting and financial reporting: the nature of accounting, an introduction of basic accounting concepts and procedures, and the interpretation of financial statements. The various uses of accounting information in decision-making, accounting issues concerning income and cash flows, economic resources and capital will be discussed. The course additionally covers the International Accounting Standards for these events, their limitations and their alternatives. Students may receive credit for either FIN 281 or FIN 282.
FIN 380 Intermediate Financial Accounting I
3 credits
Prerequisites: FIN 281/ FIN 282
This course explores the conceptual framework and theory underlying the objectives and principles of financial reporting. Specific topics examined are the measurement and reporting of revenues, expenses, assets and liabilities, consolidation of financial statements, foreign currency translation, segment and interim reporting. The course focuses on using generally accepted principles to record business transactions, the determination of quantitative characteristics of useful accounting information, and the interrelationship between financial statements and their information content.
FIN 390 Intermediate Financial Accounting II
3 credits
Prerequisite: FIN 380
A continuation of FIN 380 with emphasis on financial reporting for liabilities and stockholders equity. This course explores a number of specialized topics including the accounting for investments and the statement of cash fl ows.
FIN 401 (Rus)/FIN 402 (Eng) Introduction to Finance
3 credits
Prerequisites: ECO 111/ECO 112, ACN 211/ACN 212
This course covers the foundations of fi nance with applications in corporate fi nance and investment management, providing a theoretical and practical framework for the analysis of corporate investment and fi nancing decisions. Topics include criteria for making investment decisions, valuation of fi nancial assets and liabilities, relationships between risk and return, market efficiency, and the valuation of derivative securities.Students may receive credit for either FIN 401or FIN 402.
FIN 451 Investments
3 credits
Prerequisites: FIN 401/FIN 402
This course covers the fi nancial analysis of debt and equity instruments available on organized exchanges and in less tangible “over the counter” markets. The course also provides the student with practical experience in selecting investments, and building and monitoring a portfolio.
FIN 475 Taxation
3 credits
Prerequisites: FIN 281/FIN 282
An introductory course on the taxation system in Kyrgyzstan, Kazakhstan, and Russia with primary focus on the principles and policies regarding taxation of individuals and the eff ect upon the economy. Major topics include definition of income, deductions and credits, problems of timing, gains and losses from property transactions, assignment of income, capital gain and loss, and tax accounting.
FIN 485 Audit
3 credits
prerequisites: FIN 281/FIN 282
A study of the independent accountant’s attest function, generally accepted auditing standards, compliance and substantive tests, and report forms and opinions. Students learn about international auditing standards, international organizations of auditors, and local and international auditing practices.
FIN 487 International Finance
3 credits
Prerequisites: FIN 401/FIN 402, BUS 411
This course examines international financial instruments, markets and institutions from theoretical and applied perspectives. Topics include the nature of foreign exchange risk, the determination of exchange and interest rates, returns on foreign investments, management of foreign exchange risk with forward markets and foreign currency option markets, and the dynamics of the balance of payments with a focus on understanding international capital flows, country debt and exchange rate fl uctuations.
FIN 492 Financial Management
3 credits
Prerequisites: FIN281/FIN282
This course explores the fundamental nature of the corporate fi nance function and the conceptual and theoretical underpinnings of tools for successful fi nancial management. Topics include capital budgeting, capital markets and securities, risks, return and diversifi cation, valuation, cost of capital, and capital structure.
MNG 301(Rus)/MNG302(Eng) Introduction to Management
2 credits
Survey of the history of management and organization theory. Topics include behavior and interpersonal communication; concepts of power, authority and influence; and the role of philosophy and values in organizations.
MNG 322 Organizational Behavior
4 credits
Prerequisites: MNG 301/MNG 302
This course provides an awareness about organizational structures and development, the dynamics of individual behavior within organizations, and how organizations foster and manage change. The course analyzes the internal organization structure and managerial roles and functions in business institutions. Topics include the design of organizational structures and the impact of work flow, leadership styles and control systems on human behavior.
MNG 340 Organizational Decision Making
3 credits
Prerequisites: MNG 301/MNG 302, MNG 322
This course examines the decision-making processes in organizations in a practical sense for managers. Topics include administrative style and decision-making, problem discovery and diagnosis, the search for solutions, evaluation and choice, group decision making, decision aids and support systems, and risk analysis.
MNG 351 Quality Management
3 credits
Prerequisites: MNG 301/MNG 302
This course provides an introduction to quality management in organizations undergoing rapid change. This course provides frameworks of understanding for the development of the quality movement in post-industrial society. Topics include an overview of quality tools and their purposes, the critical roles of people and change in quality organizations, and an understanding of services marketing with particular focus on service quality and customer satisfaction.
MNG 354 Managerial Skills
3 credits
Prerequisites: MNG 301/MNG 302
This course introduces students to managerial skills that underpin decision making for managers. This course fosters the development of managerial skills and managerial communication. Topics include self-awareness, communication theory, interpersonal problem-solving, stress and stress management, persuasion and influence, and meetings and interviews.
MNG 372 Human Resource Accounting and Economics
2 credits
Prerequisites: MNG 301/302
A study of human resources accounting, strategic planning and economic assessment. Economic theories related to investment in human capital, education, training, health care and migration are discussed. Topics include macro eff ects on investment in human capital, the imbalances between rural and urban sectors, and the evolution and expansion of the information sector in the labor market.
MNG 410 International Organizational Behaviour
3 credits
Prerequisites: MNG 301/MNG 302
This course investigates the impact that individuals, groups, organization structure and the external environment have on behavior within organizations. Within cross-cultural business environments, knowing how to manage culturally diverse and geographically dispersed organizations becomes important. Emphasis is placed on applying such knowledge to improve an organization’s efficiency and eff ectiveness. Topics are explored from a global perspective.
MNG 411 Human Resource Management
3 credits
Prerequisites: MNG 301/MNG 302, MNG 322
An introduction to human resource management principles, processes and systems. This course will analyze the components of human resource management including organizational assessment and human resource planning, recruitment and selection, compensation and benefits administration, training and development, and employee relations.
MNG 415 Organizational Theory and Development
3 credits
Prerequisites: MNG 301/MNG 302, MNG 322
A study of the consequences of organization design and structure. This course focuses on structure, technology, environmental adaptation and managerial control systems of organizations operating within rapidly changing, global environments.
MNG 440 Introduction to Operations
3 credits
Prerequisites: MNG 301/MNG302
Provides an introduction to the role of operations management in the organization. This course surveys a wide range of operations topics including process fl ow analysis, inventory management, capacity planning, facilities location, technology management, and manufacturing and service strategy. Special emphasis is placed on the international dimensions of operations.
MNG 457 Innovation Management
3 credits
Prerequisites: MNG 301/MNG 302
This course discusses economic and organizational variables infl uencing the development of technological innovation in both manufacturing and service industries. The course introduces frameworks developed and applied to manage innovations: technology life cycles, mapping, core competence, competitor assessment, and internal and external technology transfer.
MNG 458 Change Management
3 credits
Prerequisites: MNG 301/MNG 302
This course considers how managers can understand, conceptualize and lead organizational change, an inherent feature of organizational life. Topics include organizational environments, structural change, personal coping with change, micro-politics of change, practical change models, planning and implementing change, organizational development, contingency approaches to change, and aspects of cultural change management.
MRK 301(Rus) MRK 302 (Eng) Introduction to Marketing
3 credits
This course focuses on the role and importance of marketing in contemporary organizations and society. This course will explore the nature and functions of marketing. Topics covered will include ethics, consumer behavior, pricing, product development, market research, distribution and elements of promotion. Students may receive credit for either MRK 301 or MRK 302.
MRK 366 Advertising
3 credits
Prerequisites: MRK 301/MRK 302
A study of the basic principles of advertising including theory and production of advertisements for the media. The focus of the course is on advertising decision-making, such as sett ing advertising objectives, creating advertising campaigns and measuring advertising eff ectiveness.
MRK 371 Marketing Research
3 credits
Prerequisites: MRK 301/MRK 302
A study of the procedures to develop and analyze new information to help marketing managers make decisions. This course investigates the acquisition, presentation and application of marketing information for management. Particular problems considered are defi ning information requirements, evaluating research fi ndings and utilizing information.
MRK 372 International Marketing
3 credits
Prerequisites: MRK 301/MRK 302
This course examines the relationship between the international environment and the international marketing activities of fi rms. Topics include the nature of international marketing; the international environment; international trade theories; international market selection strategies of product, pricing and promotion decisions; and the organization of international marketing activities.
MRK411 Marketing Strategies
3 credits
Prerequisites: MRK 301/MRK 302
This advanced course presents a detailed presentation of the process of formulating and implementing strategies in marketing. The major emphasis of the course is on markets, channels of distribution, and product analysis. Topics include marketing strategy development, brand strategy, competitive advantage and marketing planning.
MRK 490: Consumer Behavior
3 credits
Prerequisites: MRK 301/MRK 302
This course centers on the role of the consumer in the marketing process. This course is a study of the socio-psychological foundations of consumer behavior including personality diff erences, needs and wants, status symbols, social change and mobility, fads and fashions. Topics include consumer spending and saving habits, product preferences, leisure-time patt erns, shopping behavior and motivation.
PPA 160 Introduction to Public Administration
3 credits
Prerequisites: LAW 103, SOC 105 or ICP 100
This course is an introduction to the concepts and issues of public administration. This course considers both the structure and process of government, the institutions and roles in administration systems and the eff ects of public policy. Topics such as public agenda sett ing, decision making, policy implementation and policy assessment are contents of the course. Students may receive credit for either PPA 160 or ICP 160.
PPA 210 Government Budgeting & Financial Management
3 credits
Prerequisites: BUS 111 or ECO 107
This course examines the techniques and politics of modern public budgeting and financial management. The practices and fundamental concepts of governmental budgeting, financial management and public fi nance will be introduced as well as the design and use of planning, budgeting and other information systems in the control and evaluation of programs.
PPA 311 Public Management Economics
3 credits
Prerequisite: PPA 210
This course is the application of intermediate microeconomic theory, concepts and techniques to public sector management decisions and policy analysis. Topics include cost, elasticity, pricing, wage determination and cost-benefi t analysis. The course provides a managerial economics perspective to public management decisionmaking.
PPA 312 Cost/Benefit Analysis
3 credits
Prerequisite: PPA 210
This course introduces the system of conducting a social cost-benefi t analysis. The course will examine the appraisal of private or public projects from a public interest viewpoint. The focus of the course is on the socioeconomic benefi ts and costs of projects, and it touches on the question of socioeconomic impact. A basic understanding of elementary economics is required.
PPA 363 Management of NGOs
3 credits
Prerequisite: PPA 160
This course studies the mission and objectives of non-government organizations. Topics include strategic leadership and board composition, organizational structure and operation, marketing and fund raising, financial management, training and motivation of volunteers, assessment of stakeholder satisfaction and overall operating effectiveness.
PPA 364 Organizational Behavior in NGO’s
3 credits
Prerequisite: PPA 160
This course explores basic and applied concepts in the management and organizational behavior of non-government organizations. Topics include management functions, motivation, diversity, performance evaluation, groups and teamwork, leadership, organizational communication and organizational change.
PPA 365 Fund Development for Non-Profits
3 credits
Prerequisite: PPA 160
This course explains the fund raising manager’s role in development planning, and focuses on mechanisms for raising money in nonprofi t organizations. The focus is on creating a comprehensive fund development strategy based upon a portfolio of fund development tools. This course examines the benchmarks, theoretical bases and ethical issues associated with fund development vehicles, campaigns and markets, such as individuals, foundations, clubs and businesses.
PPA 460 Capstone in Public Administration
3 credits
Prerequisite: approval of the chair
The capstone course focuses on the knowledge, skills and abilities that defi ne a competent public or non-profit sector manager. A central theme of the course is the roles, responsibilities andoutlooks of the manager today and the competing influences in public decision making under fragmented authority that result in public sector management as the art of compromise. | 
