Department of Business & Administration
Program Objectives
- Objectives of the Department of Business & Administration
- The department offers three core business disciplines in Management, Accounting and Public Administration. The goal of the Department of Business and Public Administration is to provide quality education in Accounting, Management and Public Administration; to equip men and women in their occupational careers; teach students to use current methodology and scientific techniques in Information Communication and Technology (ICT); and, to develop student’s leadership and interpersonal skills needed to work in organization and the larger society.
Program Requirement
- Requirement of the Department of Business & Administration
- Candidate for an Associate of Arts (A. A.) degree program must successfully complete a total of seventy-seven (75) credit hours for Accounting; seventy- eight credit hours for Management; and seventy-five (75) credit hours for Public Administration. A minimum cumulative GPA of 2.00 is required for graduation.
- Course Description (Accounting)
- First Semester
ACCT 101 (Intro. to Accounting I) 3 Credit Hours
Accounting framework, Accounting principles concepts & Conventions; Introduction to principles and Practice of double entry – book keeping; Books of Prime entry; Golden rules of double entry; Ledger Accounts and Trial Balance.
MATH 107 (Pre-calculus I) 4 Credit Hours
This course covers topics in Algebra, providing students with the fundamentals of pre-calculus. It deals with the review of the real number system and set operation review of algebraic expression, equalities and inequalities including polynomials, rational expressions, radical expressions, radicals, absolute values, etc.
COSC 101: (Intro. to Computer Application) 3 Credit Hours Prerequisite: Pass Placement Exams.
This course, which is a requirement for all students irrespective of their areas of specialty, is an introduction to computer application with 80% practical orientation. The students learn about the evolution of computer, the classification, the components of the computer and their functions, significance; indispensability of computers in our contemporary world; the practical applicability of computer in a real time situation. Introduces students to Microsoft Word Processing and data manipulation.
ENGL 101 (English) 3 Credit Hours
Basic communication course emphasizing listening, constructive or clear thinking, basic writing and speaking abilities. Includes reading and discussion of short prose selections intended to develop both the reading and writing skills of the students with emphasis on organization and development of ideas; writing of effective paragraphs and short compositions.
FREN 101 (Intro. to French) 3 Credit Hours
This is a course taught by an audio-visual teaching method. Pronunciation and syntax are improved through written drills and exercises.
ROTC 101 Military Science 1Credit Hour
Provides basic and fundamental knowledge of the Liberian Military
- Second Semester
ENGL 102 (English) 3 Credit Hours Pre-requisite: ENGL 101
Instruction in writing original composition, short essays, short stories, and poetry; to enhance basic written and oral communication skills.
FREN 102 (French) 3 Credits
Emphasis is on grammatical construct of the French Language. Pronunciation and syntax are improved through written drills and exercises.
ROTC 102 Military 102 1Credit Hour Pre- requisite ROTC 101
An Advanced knowledge of the Liberian Military , Structure, types of uniforms, dress code, ranks, insignia, when and where to salute Superior Officers, Military chain of command general orders, importance of the Uniform Code of Military Justice ( UCMJ).
MATH 108 (Math for Decision Making)4 Credit Hours Pre-requisite: MATH 107
Covers topics in trigonometry and their graphs, trigonometric identities, solving trigonometric equation, inverse trigonometric function, and analytical geometry, providing students with the fundamentals of pre-calculus.
COSC 102: (Intro. to Microcomputer) 3 Credit Hrs. Prerequisite: COSC 101
A required course for all students regardless of discipline. This course is 80% practical oriented and is focused on data processing using spreadsheet. It provides students hands-on training in electronic spreadsheet using MS Excel 2010. Teaches general concept and processes of management information system, payroll calculation, petty-cash flow, data query, pivot/chart depiction of data, data integrity. PowerPoint Presentation.
SOSC 102 Introduction to Social Science 3 Credit Hours
An interdisciplinary course which investigates the history of education in Africa from pre- colonial to modern times and the analyses, selected issues in their relationship to social problems and social change .
ACCT 102 (Principles of Accounting I) 3 Credit Hours Pre-requisite Acct. 101
Principles of correction; Suspense accounts; Capital and Revenue expenditure; Allocation of income & expenditure; Capital & Liabilities. Year-end Adjustments; Preparation of income statement.
- Third Semester
ACCT 201 (Principles of Accounting II) 3 Credit Hours Prerequisite: ACCT 102
Control Accounts, Accounts for non-profit organizations; records; Bank reconciliation Statements, Payroll accounting, declaration of fixed assets, partnership Accounts; Manufacturing Accounts; Introduction to intermediate accounting; Share Capital, Share issue and dividends.
ECON 203 (Micro-Economics) 3 Credit Hours Pre-requisite: Math 108, ENGL 102
Covers introduction, meaning, the nature and scope of microeconomics; economic models and concepts of market and industry. How the theory of demand and supply affects production; the consumer behavior; theory of production with emphasis in agricultural products.
MANG 201 (Principles of Management I) 3 Credit Hours Pre-requisite: ENGL 102
Concern of management, elements of management; Managerial skills and roles; General analysis of management and organizational behavior; classical organizational theory and management; and management science; environmental forces.
BUSN.STAT 207( BusinessStatistics I) 3 Credit Hours Prerequisite: MATH 108
Organization of data using frequency, Identifying types of variables and data, Identifying the four basic sampling techniques, Descriptive distributions, percentile ranks and percentile; standardization. Describing joint distributions of data Elementary theorems of multiplication and addition, Discrete probability distributions, Continuous probability distributions.
ENGL 201 (English) 3 Credit Hours Pre-requisite: ENGL 102
Integrated program which places emphasis on the effective development of basic communication skills such as reading comprehensive and writing. It is a study of styles as manifested through some selected narratives, expository, descriptive and argumentative prose and poetic works in English. Summary (précis) and narrative writing skills are fostered, and students are ultimately exposed to the methods and techniques of writing short research papers.
SOSC 201 Advanced Social Science 3 Credit Hours Pre-requisite SOSC 101
An interdisciplinary course which investigates the History, Sociology, Geography, Economics, Politics and education of the country from the past to the present.
- Fourth Semester
ACCT 202 (Intro. to Managerial Accounting) 3 Credit Hours Pre-requisite ACCT 201
Asset identification, measuring, analyzing, organization decision making; information and communication.
ECON 204 (Macro Economics) 3 Credit Hours Pre-requisite: ECON 203
Nature and scope of macroeconomics; macro dynamics and comparative statistics; transition from microeconomics to macroeconomics; stock and flow concepts; microeconomics versus macroeconomics. National income and economic accounting; Say’s law and the principles of effective demand: meaning and determination; Role of investment; Theories of consumption; Income Hypothesis; marginal efficiency of capital versus marginal efficiency of investment; concept of multiplier. Monetary theory; Theories of interest rates; Theory of Inflation.
ACCT 204 (Introduction to Cost Accounting) 3 Credit Hours Pre-requisite: Accounting 201
Definition and purpose of cost accounting; Classification of Cost by Nature, Functions, elements, responsibilities and behavior; methods and techniques in collecting, measuring and reporting cost information; Inventory Control; Methods of Inventory valuation; Analysis Technique; Labor Costing; Overhead Cost Accounting and Control joint distribution and data; Elementary theorems multiplication and Addition.
STAT 208 (Business Statistics) 3 Credit Hours Prerequisite: STAT 207
Sampling distributions and estimation, Measure of relationships, Measures of Dispersion and Inferential Statistics.
BLAW 210 (Business Law I) 3 Credit Hours
Examination of the nature of law and the formation and application of legal principles in Liberia; the role of law in society; the legal environment in which business operates; government taxation; negotiable instruments, insurance, competition, and labor/management relations; the concept of property, property creation, transfer, and its importance to our business society, Laws of tort. General principles of contracts; sales of goods, hire purchase, products liability, commercial paper, debtor/creditor relations, property, agency and employment, partnership, corporation.
ACCT 206 (Introduction to Intermediate Accounting) 3 credit Hours Pre-requisite: Accounting 201
Bad debts analysis; Accounting assumptions; depreciation and disposition of long-term assets; distinction between current Account and long-term liabilities; application of rules, accounting for stockholders’ equity.
MANG 206(Organizational Behavior)3 Credit Hours Pre-requisite: English 201
Study and decision of cases relating to policy formulation and policy design at senior management level; basic economic, industrial and competitive considerations affecting policy implementation practices in analyzing companies, evaluating problems and making decisions.
- Course Description (Management)
- First Semester
MANG 101 (Introduction to Management I)3 Credit Hours
Examines the scope and characteristics of business, place of business in national development, environment of business, forms of business ownership; marketing in business, marketing system, marketing mix and marketing concepts; the social responsibility of business; and, the production system.
ENGL 101 (English) 3 Credit Hours
Basic communication course emphasizing listening, constructive or clear thinking, basic writing and speaking abilities. Includes reading and discussion of short prose selections intended to develop both the reading and writing skills of the students with emphasis on organization and development of ideas; writing of effective paragraphs and short compositions.
MATH 107 (Pre-calculus I) 4 Credit Hours
This course covers topics in Algebra, providing students with the fundamentals of pre-calculus. It deals with the review of the real number system and set operation review of algebraic expression, equalities and inequalities including polynomials, rational expressions, radical expressions, radicals, absolute values, etc.
COSC 101: (Intro. to Computer Application) 3 Credit Hours Prerequisite: Pass Placement Exams.
This course, which is a requirement for all students irrespective of their areas of specialty, is an introduction to computer application with 80% practical orientation. The students learn about the evolution of computer, the classification, the components of the computer and their functions, significance; indispensability of computers in our contemporary world; the practical applicability of computer in a real time situation. Introduces students to Microsoft Word Processing and data manipulation.
ACCT 101 (Intro. to Accounting I) 3 Credit Hours
Accounting framework, Accounting principles concepts & Conventions; Introduction to principles and Practice of double entry – book keeping; Books of Prime entry; Golden rules of double entry; Ledger Accounts and Trial Balance.
FREN 101 (Intro. to French) 3 Credit Hours
This is a course taught by an audio-visual teaching method. Pronunciation and syntax are improved through written drills and exercises.
ROTC 101 Military Science 1Credit Hour
Provides basic and fundamental knowledge of the Liberian Military
SOSC 102 Introduction to Social Science 3 Credit Hours
An interdisciplinary course which investigates the history of education in Africa from pre- colonial to modern times and the analyses, selected issues in their relationship to social problems and social change .
- Second Semester
MANG 102 (Introduction to Management II) 3 Credit Hours Pre-requisite MANG 101
Business ethics, organization, business enterprises; government roles in business; international business; Principles of Management; and, business finance.
ENGL 102 (English) 3 Credit Hours Pre-requisite: ENGL 101
Instruction in writing original composition, short essays, short stories, and poetry; to enhance basic written and oral communication skills.
ACCT 102 (Principles of Accounting I) 3 Credit Hours Pre-requisite Acct. 101
Principles of correction; Suspense accounts; Capital and Revenue expenditure; Allocation of income & expenditure; Capital & Liabilities. Year-end Adjustments; Preparation of income statement.
COSC 102: (Intro. to Microcomputer) 3 Credit Hrs. Prerequisite: COSC 101
A required course for all students regardless of discipline. This course is 80% practical oriented and is focused on data processing using spreadsheet. It provides students hands-on training in electronic spreadsheet using MS Excel 2010. Teaches general concept and processes of management information system, payroll calculation, petty-cash flow, data query, pivot/chart depiction of data, data integrity. PowerPoint Presentation.
FREN 102 (French) 3 Credits
Emphasis is on grammatical construct of the French Language. Pronunciation and syntax are improved through written drills and exercises.
ROTC 102 Military Science 1 Credit Hour: Prerequisite ROTC 101
An Advanced knowledge of the Liberian Military , Structure, types of uniforms, dress code, ranks, insignia, when and where to salute Superior Officers, Military chain of command general orders, importance of the Uniform Code of Military Justice ( UCMJ).
MATH 108 (Math for Decision Making)4 Credit Hours Pre-requisite: MATH 107
Covers topics in trigonometry and their graphs, trigonometric identities, solving trigonometric equation, inverse trigonometric function, and analytical geometry, providing students with the fundamentals of pre-calculus.
- Third Semester
MANG 201 (Principles of Management I) 3 Credit Hours Pre-requisite: ENGL 102
Concern of management, elements of management; Managerial skills and roles; General analysis of management and organizational behavior; classical organizational theory and management; and management science; environmental forces.
ACCT 201 (Principles of Accounting II) 3 Credit Hours Prerequisite: ACCT 102
Control Accounts, Accounts for non-profit organizations; records; Bank reconciliation Statements, Payroll accounting, declaration of fixed assets, partnership Accounts; Manufacturing Accounts; Introduction to intermediate accounting; Share Capital, Share issue and dividends.
ECON 203 (Micro-Economics) 3 Credit Hours Pre-requisite: Math 108, ENGL 102
Covers introduction, meaning, the nature and scope of microeconomics; economic models and concepts of market and industry. How the theory of demand and supply affects production; the consumer behavior; theory of production with emphasis in agricultural products.
SOSC 201 Advanced Social Science 3 Credit Hours Pre-requisite SOSC 101
An interdisciplinary course which investigates the History, Sociology, Geography, Economics, Politics and education of the country from the past to the present.
MANG 203 (Human Resource Management)3 Credit Hours Pre-requisite: ENGL 102
Recruitment, selection, training, wage and salary administration, job evaluation, employee appraisal, effective functioning of organizations; labor laws; grievances handling and contract negotiations.
ENGL 201 (English) 3 Credit Hours Pre-requisite: ENGL 102
Integrated program which places emphasis on the effective development of basic communication skills such as reading comprehensive and writing. It is a study of styles as manifested through some selected narratives, expository, descriptive and argumentative prose and poetic works in English. Summary (précis) and narrative writing skills are fostered, and students are ultimately exposed to the methods and techniques of writing short research papers.
STAT 207( Business Statistics I) 3 Credit Hours Prerequisite: MATH 108
Organization of data using frequency, Identifying types of variables and data, Identifying the four basic sampling techniques, Descriptive distributions, percentile ranks and percentile; standardization. Describing joint distributions of data Elementary theorems of multiplication and addition, Discrete probability distributions, Continuous probability distributions.
- Fourth Semester
MANG 202 (Principles of Management II) 3 Credit Hours Pre-requisite:MANG201
Motivation, incentives, leadership, communication, and interpersonal relations; review method to improve quality.
MANG 206(Organizational Behavior)3 Credit Hours Pre-requisite: English 201
Study and decision of cases relating to policy formulation and policy design at senior management level; basic economic, industrial and competitive considerations affecting policy implementation practices in analyzing companies, evaluating problems and making decisions.
ECON 204 (Macro Economics) 3 Credit Hours Pre-requisite: ECON 203
Nature and scope of macroeconomics; macro dynamics and comparative statistics; transition from microeconomics to macroeconomics; stock and flow concepts; microeconomics versus macroeconomics. National income and economic accounting; Say’s law and the principles of effective demand: meaning and determination; Role of investment; Theories of consumption; Income Hypothesis; marginal efficiency of capital versus marginal efficiency of investment; concept of multiplier. Monetary theory; Theories of interest rates; Theory of Inflation.
STAT 208 (Business Statistics) 3 Credit Hours Prerequisite: STAT 207
Sampling distributions and estimation, Measure of relationships, Measures of Dispersion and Inferential Statistics.
BLAW 210 (Business Law I) 3 Credit Hours
Examination of the nature of law and the formation and application of legal principles in Liberia; the role of law in society; the legal environment in which business operates; government taxation; negotiable instruments, insurance, competition, and labor/management relations; the concept of property, property creation, transfer, and its importance to our business society, Laws of tort. General principles of contracts; sales of goods, hire purchase, products liability, commercial paper, debtor/creditor relations, property, agency and employment, partnership, corporation.
BUSN 212 (Entrepreneurship Dev.)3 Credit Hours Pre-requisite: MANG 201
Concepts of Entrepreneurship; Function of Entrepreneurship; Theories of entrepreneurship; Economic dimension of entrepreneurship, Business Entrepreneurship.
MANG 214 (Introduction to Strategic Management) 3 Credit Hours Pre-requisite: MANG 201
A study of a company’s internal and external stakeholders; mission statement of a corporation; goal characteristics; strategies and ethics; corporate and social responsibility of a corporation; bargaining power of buyers and suppliers; stages of industrial development.
- Course Description (Public Administration)
- First Semester
ACCT 101 (Intro. to Accounting I) 3 Credit Hours
Accounting framework, Accounting principles concepts & Conventions; Introduction to principles and Practice of double entry – book keeping; Books of Prime entry; Golden rules of double entry; Ledger Accounts and Trial Balance.
PADM 101 (Intro. to Public Administration) 3 credit hours
Introduction to public Policy; the role of government; conflict resolution in society regarding the role of government; Distinctions between public and the private sectors.
ENGL 101 (English) 3 Credit Hours
Basic communication course emphasizing listening, constructive or clear thinking, basic writing and speaking abilities. Includes reading and discussion of short prose selections intended to develop both the reading and writing skills of the students with emphasis on organization and development of ideas; writing of effective paragraphs and short compositions.
MATH 107 (Pre-calculus I) 4 Credit Hours
This course covers topics in Algebra, providing students with the fundamentals of pre-calculus. It deals with the review of the real number system and set operation review of algebraic expression, equalities and inequalities including polynomials, rational expressions, radical expressions, radicals, absolute values, etc.
COSC 101: (Intro. to Computer Application) 3 Credit Hours Prerequisite: Pass Placement Exams.
This course, which is a requirement for all students irrespective of their areas of specialty, is an introduction to computer application with 80% practical orientation. The students learn about the evolution of computer, the classification, the components of the computer and their functions, significance; indispensability of computers in our contemporary world; the practical applicability of computer in a real time situation. Introduces students to Microsoft Word Processing and data manipulation.
FREN 101 (Intro. to French) 3 Credit Hours
This is a course taught by an audio-visual teaching method. Pronunciation and syntax are improved through written drills and exercises.
ROTC 101 Military Science 1Credit Hour
Provides basic and fundamental knowledge of the Liberian Military
- Second Semester
PADM 102 (Intro. to Personnel Administration) 3 Credit Hours Pre-requisite ENGL 101; PADM 101
Personnel Administration; also known as human Resources or HR, addresses a great many issues in the work place. Recruiting, selecting, hiring and training new employees; standards; legal and ethical criteria in work place.
ENGL 102 (English) 3 Credit Hours Pre-requisite: ENGL 101
Instruction in writing original composition, short essays, short stories, and poetry; to enhance basic written and oral communication skills.
COSC 102: (Intro. to Microcomputer) 3 Credit Hrs. Prerequisite: COSC 101
A required course for all students regardless of discipline. This course is 80% practical oriented and is focused on data processing using spreadsheet. It provides students hands-on training in electronic spreadsheet using MS Excel 2010. Teaches general concept and processes of management information system, payroll calculation, petty-cash flow, data query, pivot/chart depiction of data, data integrity. PowerPoint Presentation.
FREN 102 (French) 3 Credits
Emphasis is on grammatical construct of the French Language. Pronunciation and syntax are improved through written drills and exercises.
ROTC 102 Military Science 1 Credit Hour: Prerequisite ROTC 101
An Advanced knowledge of the Liberian Military , Structure, types of uniforms, dress code, ranks, insignia, when and where to salute Superior Officers, Military chain of command general orders, importance of the Uniform Code of Military Justice ( UCMJ).
SOSC 102 Introduction to Social Science 3 Credit Hours
An interdisciplinary course which investigates the history of education in Africa from pre- colonial to modern times and the analyses, selected issues in their relationship to social problems and social change .
MATH 108 (Math for Decision Making)4 Credit Hours Pre-requisite: MATH 107
Covers topics in trigonometry and their graphs, trigonometric identities, solving trigonometric equation, inverse trigonometric function, and analytical geometry, providing students with the fundamentals of pre-calculus.
- Third Semester
PADM 201 (Organizational Structure and Behavior) 3 Credit Hours Pre-requisite PADM 102; ENGL 102
Study of Organization, Governance and structure. Organizational objectives, mission; organizational adaptability to change.
PADM 203 (Introduction to Political Science) 3 credit Hours Pre-requisite ENGL 201;
Introductory concepts of Political Science; its importance/significance; functions of government and coordinated branches; Public Policy formulation; implementation and delivery of Public Services.
ECON 203 (Micro-Economics) 3 Credit Hours Pre-requisite: Math 108, ENGL 102
Covers introduction, meaning, the nature and scope of microeconomics; economic models and concepts of market and industry. How the theory of demand and supply affects production; the consumer behavior; theory of production with emphasis in agricultural products.
STAT 207( Business Statistics I) 3 Credit Hours Prerequisite: MATH 108
Organization of data using frequency, Identifying types of variables and data, Identifying the four basic sampling techniques, Descriptive distributions, percentile ranks and percentile; standardization. Describing joint distributions of data Elementary theorems of multiplication and addition, Discrete probability distributions, Continuous probability distributions.
ENGL 201 (English) 3 Credit Hours Pre-requisite: ENGL 102
Integrated program which places emphasis on the effective development of basic communication skills such as reading comprehensive and writing. It is a study of styles as manifested through some selected narratives, expository, descriptive and argumentative prose and poetic works in English. Summary (précis) and narrative writing skills are fostered, and students are ultimately exposed to the methods and techniques of writing short research papers.
- Fourth Semester
PADM 202 (Development Planning and Administration) 3 Credit Hours Pre-requisite PADM 201
Based both on material and financial resources to support institutional effectiveness with focus on Government’s decentralization plans and programs at both national and local levels. Development of projects, programs and implementation.
PADM 212 (Government Budgetary Process) 3 Credit Hours Pre-requisite PADM 201; ENGL 201; ACCT 201
Budget formulation process; Budget Management; Budget implementation; execution of programs and the allocation of financial resources among line ministries and agencies.
ECON 204 (Macro Economics) 3 Credit Hours Pre-requisite: ECON 203
Nature and scope of macroeconomics; macro dynamics and comparative statistics; transition from microeconomics to macroeconomics; stock and flow concepts; microeconomics versus macroeconomics. National income and economic accounting; Say’s law and the principles of effective demand: meaning and determination; Role of investment; Theories of consumption; Income Hypothesis; marginal efficiency of capital versus marginal efficiency of investment; concept of multiplier. Monetary theory; Theories of interest rates; Theory of Inflation.
PADM 206 (Organizational Communications) 3 credit Hours Pre-requisite ENGL 102; PADM 102
Flow of communications in formal and informal Organizations; types of organizational communications; formal and informal channels of communication in organizations.
BLAW 210 (Business Law I) 3 Credit Hours
Examination of the nature of law and the formation and application of legal principles in Liberia; the role of law in society; the legal environment in which business operates; government taxation; negotiable instruments, insurance, competition, and labor/management relations; the concept of property, property creation, transfer, and its importance to our business society, Laws of tort. General principles of contracts; sales of goods, hire purchase, products liability, commercial paper, debtor/creditor relations, property, agency and employment, partnership, corporation.
PADM 214 (Research Methodology) 3 credit Hours Pre-requisite ENGL 201, PADM 201
Meaning and nature of research; types of research; attributes of research problems; literature review research design and data collection, data analysis and presentation; research report; ethical issues in research process.