Bachelor of Arts

The Accounting & Finance Program is designed to prepare students to serve in society and the church with the principle that "our work is worship." The Accounting & Finance Program combines the disciplines of accounting and finance for a more rounded education than either discipline alone would provide. The purpose is to give students the knowledge to analyze the financial condition of organizations (private and public) through their accounting reports and financial data. The Accounting & Finance students will obtain the knowledge of the major capital markets and their investment vehicles. The Accounting & Finance program will culminate with an internship or a practicum that provides the student an opportunity to apply management principles and skills learned through their major.

Objectives

Upon completion of this program, the student should be able to:

  • Integrate a Christian worldview into critical thinking and decision making related to the field of business.
  • Demonstrate management concepts in an existing business.
  • Evaluate a business idea and develop a business plan.
  • Analyze business operations and provide recommendations for improvement.
  • Evaluate financial condition and statements of a business and propose courses of action.
  • Demonstrate the application of fundamental and technical accounting and finance concepts.
  • Apply management principles to manage people and processes within an organization.

GENERAL EDUCATION - 43 Credits

SI131 Intermediate Algebra 3 credits

This course includes rational expressions, systems of linear equations and inequalities, radicals and exponents, quadric functions, conic sections, and exponential functions. Students must have foundational knowledge of linear equations and polynomials.

Prerequisite:
SI122 Beginning Algebra
High School Algebra I

Offered every spring.

SI152 College Algebra 3 credits

This pre-calculus algebra course includes equations and inequalities, functions and graphs, polynomial and rational functions, exponential and logarithmic functions, conic sections, sequences, series, and probability.

Prerequisite:
SI131 Intermediate Algebra
Placement test.

Offered every other fall.

Elective Science Elective with Lab 4 credits

LA101 English Composition I 3 credits

This course is an introductory study of composition emphasizing writing as a process (prewriting, drafting, revising, and editing). Assignments in this course will focus on the different styles and uses of argument. Students will gain and refine skills of developing a thesis, organizing content, controlling tone, and expressing ideas in clearly communicated language. In addition, students will conduct library research and incorporate researched material into papers using APA format.

Offered every fall.

LA102 English Composition II 3 credits

This course is an intermediate course designed to extend and refine students’ expository and creative writing experiences. Student writing will reflect university-level writing skills, such as principles of logical/critical thinking and reasoning, effective organization, APA research and documentation, and content-rich development of ideas.

Offered every spring.

MG112 Business Communications 3 credits

This course is designed to address and strengthen students’ skills for effective and professional business communications in written, oral, and non-verbal forms. Specific emphasis will be given to communication theory, business communication principles, developing and delivering oral presentations, composing business messages, and preparing business reports.

PS100 Student Success 1 credit

Orientation is designed to help the student make adjustments to college life. The course acquaints the student with the library, counseling service, suggestions for study, and various aspects of college life.

Students who transfer to OCU may substitute any general education elective for this course when 30 hours or more of academic work has been completed at another college with a cumulative GPA of 2.0 or above.

Offered each semester.

SO101 Introduction to Sociology 3 credits

Interrelationships and group activity are focused upon, including dyadic groups, primary groups, secondary groups, institutions, and society.

PS102 General Psychology 3 credits

A comprehensive survey of the field of psychology including a Christian perspective. Emphasis will be placed on theories of psychology and how you can apply what you have learned as a result of an appropriate understanding of a particular psychological foundation.

Offered each spring.

SO100 Worldviews 3 credits

This course introduces the concept of worldview and provides a survey of the plurality worldviews that constitute western culture. Special attention will be paid to the Christian worldview and how competing worldviews both challenge and reinforce it. This course is meant to help students build an internal paradigm through which they can evaluate the bases of value statements in society, pop culture, politics, and religion and to do so from a Christian perspective.

OT101 Old Testament Survey 3 credits

A survey and introduction to the Old Testament focusing on the historical, cultural, religious and geographical setting of the ancient Near East as it brings to light the faith of Israel expressed in the Old Testament. A PREREQUISITE FOR ALL OTHER OLD TESTAMENT COURSES.

Offered annually.

NT102 New Testament Survey 3 credits

A general survey course in the New Testament. Special emphasis is on the historical background of the New Testament, the beginning of Christianity and the development of the apostolic church. A PREREQUISITE FOR ALL OTHER NEW TESTAMENT COURSES.

Offered annually.

Elective Fine Arts, Music, Art or Literature Elective 2 credits

SS428 American Political Institutions I 3 credits

This course provides an introduction to American politics with emphasis on national institutions. Course topics include the political theory of the American Constitution, relational aspects of the three branches of government, responsibilities of state and federal governments, and the role of the courts in interpreting the law.

Prerequisite:
GOV101 Introduction to Government
SS205 United States History I: 1492 – 1877
SS206 United States History II: 1877-Present
MG411 Business Law I
POL201 Introduction to Political Science
SS429 American Political Institutions II

SS429 American Political Institutions II 3 credits

This course is a continuation of American Political I, but may be taken prior to American Political Institutions II. This course examines historical and modern American campaigns and elections. Special emphasis will be given to the historical and modern issues raised in campaigns and elections including the influence of the campaign finance, media, interest groups, and their impact on public policy.

Prerequisite:
GOV101 Introduction to Government
SS205 United States History I: 1492 – 1877
SS206 United States History II: 1877-Present
POL201 Introduction to Political Science

RELIGION - 18 Credits

GB100 Bible Study Methods 2 credits

An introduction to the basic principles and methods of observation, interpretation, and application in the study of the Bible. A PREREQUISITE FOR ALL BIBLE COURSES 200 AND ABOVE.

Offered annually.

CM202 Personal Evangelism 2 credits

Class instruction in scriptural principles and methods in personal witnessing coupled with field experiences in soul winning is employed to equip the student to proclaim Christ on a person-to-person basis.

Offered annually.

MI100 Introduction to Christian Missions 3 credits

This course is designed to present the biblical and theological foundations upon which missions rests, provide an overview of missions history, promote an understanding of the world’s religions and prepare students to respond to God’s leading in their lives. Prerequisite of all 300 and 400 level MI courses.

Offered annually every semester.

NT202 Gospels 3 credits

Study of the synoptic relationship of the first three Gospels and the major themes and theological features of the fourth Gospel.

Prerequisite:
NT102 New Testament Survey
GB100 Bible Study Methods

Offered annually.

OT201 Pentateuch 3 credits

A study of the first five books of the Old Testament with special emphasis upon historical backgrounds, beginnings of the Israelite nation, and Hebrew worship. Primary attention is given to outlines, analysis, and exposition of especially important sections.

Prerequisite:
GB100 Bible Study Methods
OT101 Old Testament Survey

Offered annually.

TH201 Basic Christian Beliefs 3 credits

A basic course in Bible doctrine with emphasis upon the Scriptural foundations. Includes a study of such doctrines as Man, God, Jesus Christ, the Holy Spirit, the Church, The Holy Life, the Ordinances, and Last Things.

Prerequisite:
SO100 Worldviews

Offered annually.

GENERAL ELECTIVES - 5 Credits

MAJOR - 54 Credits

MG101 Introduction to Business 3 credits

This course provides students with a foundation in functional areas of business, including environment, planning, entrepreneurship, management, marketing, distribution, finances, and ethics. Introduces business terminology and concepts.

MG215 Principles of Management & Leadership 3 credits

This course will analyze management theories, principles, and philosophies while examining the difference between management and leadership. This is an inter-disciplinary course addressing the importance of a Christian worldview for leaders and managers as they influence, plan, organize, control, and lead for effectiveness.

Prerequisite:
MG101 Introduction to Business

EC101 Microeconomics 3 credits

A study of the basic economic principles related to supply and demand, consumer behavior, market dynamics, income distribution, government influence, and comparative economic systems with major focus on free enterprise and capitalism.

EC201 Macroeconomics 3 credits

The study of economic principles related to global and national economies, income accounting, unemployment, inflation, fiscal policy, public debt, monetary systems, and economic growth or retraction.

AC101 Principles of Accounting I 3 credits

An introduction to the basic accounting principles and theories, principles, and financial information systems. This course covers the double entry accrual system and addresses financial reporting of current assets, liabilities, and long-term assets along with an analysis of financial statements.

AC202 Principles of Accounting II 3 credits

This course addresses financial accounting techniques and issues in business organizations related to cost and profit analysis, budgeting, transaction analysis, and financial statements. Specific emphasis will be given to financial statement preparation and the impact of government regulations on business accounting practices.

Prerequisite:
AC101 Principles of Accounting I

MG102 Principles of Marketing 3 credits

This course involves an integrated analysis of the role of marketing within the total organization. Specific attention is given to the analysis of factors affecting consumer behavior, the identification of marketing variables, the development and use of marketing strategies, and the discussion of international marketing.

MG411 Business Law I 3 credits

Business law is a study of the fundamental principles and practices of law and how it impacts business situations. This course emphasizes the dynamic interaction between the individual, organization, and society. The concepts of Christian ethics and proper business conduct will be emphasized throughout the course.

Prerequisite:
MG101 Introduction to Business

AC222 Principles of Finance 3 credits

The financial principles and accepted practices which need to be mastered by all managers including banking, money, credit, financial instruments, investments, financial planning, internal and external auditing, profit, stocks, bonds, and other financial forms will be examined.

AC351 Cost Accounting 3 credits

A study of the techniques and practices required to develop and organize cost and accounting information and data to be used by decision-makers for planning and control. Specific emphasis will be given to job-order, budgeting, cost-volume-profit analysis, and categorizing of costs for payroll, materials, overhead, labor, and other cost categories.

Prerequisite:
AC101 Principles of Accounting I
AC202 Principles of Accounting II

AC314 Intermediate Accounting II 3 credits

This course is a continuation of an in depth study of accounting theory and principles related to income determination and asset valuation. Accounting practices related to current asset measurement and reporting will be analyzed along with a study of the recording and reporting of assets and liabilities. A critical part of the study of this course is the Financial Accounting Standards Board (FASB) standards and the Sarbanes-Oxley impacts.

Prerequisite:
AC101 Principles of Accounting I
AC202 Principles of Accounting II

AC451 Taxation 3 credits

A course designed to address federal tax laws and their impact on individuals, partnerships, corporations, estates and trusts, and non-profit entities. Attention will be given to tax laws and regulations culminating in preparing appropriate tax returns.

Prerequisite:
AC101 Principles of Accounting I
AC202 Principles of Accounting II

MG334 International Business Management 3 credits

Specific attention is given to the management of international risk, strategic planning, operations, communications, negotiations, and legal and social-ethical issues. The common thread of cross-cultural management will be integrated into the discussions of international business.

Prerequisite:
MG101 Introduction to Business

MG490 Business Management Internship 2 credits

The management major will culminate with an internship intended to provide an opportunity to apply management principles in a real world setting. Students must complete not less than 60 actual hours in an internship. Interns should strive to gain appropriate and valuable experience, as well as apply the knowledge they have gained in their various courses. Students will be required to obtain feedback from the organization providing the internship. Students are responsible for arranging their own internships.
 

MG491 Practicum 2 credits

A Business Practicum provides benefits for students and businesses by giving students a real-world experience in addressing management challenges while giving businesses access to the knowledge, skills, and drive of high-performing students. Student teams of 3 to 5 students, under the guidance of a faculty member will devote up to 100 hours for a team total in excess of 300 hours during a 15 week semester. The goal of the Practicum is to examine and provide solutions to a real business challenge.

Prerequisite:
MG101 Introduction to Business
MG102 Principles of Marketing
MG215 Principles of Management & Leadership
AC101 Principles of Accounting I
AC202 Principles of Accounting II

MG426 Strategic Management 3 credits

(Business Capstone). System concepts, methodologies, and tools to strategically plan will be presented. These are to be used to effectively manage core competencies and to integrate technology into the planning process.

Prerequisite:
One of these:
MG215 Principles of Management & Leadership
AC222 Principles of Finance
MG102 Principles of Marketing

MG404 Wall Street Experience 0 credits

The Wall Street Experience is designed for students to visit with business leaders from various investment firms and other businesses on Wall Street. The experience requires students to interact with these various business leaders to discuss how investment theory and practice coincide. Students will be required to attend one of the Wall Street Experiences (trips to New York), which are held once a year during the spring semester in order to complete this pass/fail requirement.

GOV302 Washington D.C. Experience 0 credits

The Washington D.C. Experience is designed for students to visit with government leaders from various levels of government in Washington D.C.. The experience requires students to interact with these various leaders to discuss how government theory and practice coincide. Students will be required to attend one of the Washington D.C. Experiences (trips to Washington D.C.), which are held once a year during the spring semester in order to complete this pass/fail requirement.

MG304 Leadership Forum II 0 credits

The Leadership Forum is held every year in April. The Leadership Forum brings in accomplished business and leadership experts from around the country. The Forum is designed to give students an opportunity to be exposed to leadership principles, shared experiences, and how a Christian worldview is applied to the business world, as well as any leadership role. Students are required to attend at least two roundtables during their college career in order to complete this pass/fail requirement.

Career Development Seminar

Students are required to attend three (3) of the following:

Business Roundtable/Forums

Students are required to attend three (3) of the following:

School of Business & Government Conferences

Students are required to attend two (2) of the following:

Distinguished Speakers Series

Students are required to attend eight (8) of the following: