The Peter J. Tobin College of Business

Norean R. Sharpe, B.A., M.S., Ph.D., Dean, The School of Risk Management, Professional ­Accreditation Joseph H. and Maria C. Schwartz Chair Insurance and Actuarial Science, a division of and Professor of Business Analytics and The Peter J. Tobin College of Business offers The Peter J. Tobin College of Business is among Information Systems. the B.S. degree in Actuarial Science and Risk only 25 percent of business schools accredited Michele Dell’Anno, B.A., Assistant Dean Management and Insurance. The first two by The Association to Advance Collegiate years of study for these programs are done at Schools of Business – AACSB and among Michael S. Fahid, B.S.ED, M.P.S., Assistant the Queens or Staten Island campus, with the less than five percent of the world’s business Dean major field coursework being completed in schools to earn dual accreditation for its Adrian P. Fitzsimons, B.S., M.B.A., Ph.D., the last two years at the Manhattan campus. business and accountancy programs. CPA, CISA, CMA, CFA, CFE, Associate Dean Actuarial Science students are strongly Accreditation standards have evolved to of Academic Programs and Professor of encouraged to take and pass the first two meet the contemporary needs of business, the Accountancy. examinations (1/P and 2/FM) prescribed by the professions, government and graduate and Gina M. Kilian, B.S., M.P.S., Ed.D., Assistant Society of Actuaries and the Casualty Actuarial professional schools. By exceeding the quality Dean Society. They can continue to pass more standards for accreditation in professional examinations while working to become an education for business and management, Douglas F. Leary, B.S., M.B.A., Assistant Associate or Fellow in this professional field. the Tobin College of Business constitutes a Dean and Director of Undergraduate Programs, The B.S. in Business is an interdisciplinary sound choice for the prospective student. Queens Campus. program that allows the student to select seven AACSB standards include an evaluation of Kristine A. McGovern, B.B.A., M.B.A., advanced courses from the major disciplines faculty adequacy and competence, admission Assistant Dean for Planning and Compliance in the Tobin College of Business. Thus, the standards and performance standards for Donna M. Narducci, B.S., M.S., Ed.D. student is able to create an independent, yet the student body, library facilities, computer Associate Dean and Director of TCB Programs, focused major within the B.S. in Business. equipment, financial support of the institution Staten Island Campus. The Tobin College of Business offers and the content and breadth of both the John J. Neumann, B.S.E., D.B.A., Associate many Fast Track B.S./M.S. and B.S./M.B.A professional and non-professional curricular Dean of Faculty and Associate Professor of programs. The Fast Track programs in requirements. The professional curriculum Economics and Finance. Accounting, Business, Business Analytics, in an AACSB accredited school stresses a Economics, Finance, International working knowledge of the major business Alma Rivera, B.A., Advisement Coordinator, Management, Management, Marketing, and disciplines, proficiencies in the use of analytical Manhattan Campus. Risk Management and Insurance provide a techniques in arriving at logical solutions to Sheila M. Russell, B.A., M.A., Assistant Dean unique opportunity to complete both B.S./M.S. management problems and an appreciation Linda M. Sama, B.A., M.B.A., Ph.D., Associate or B.S./M.B.A. degrees typically within five for and dedication to the social and ethical Dean for Global Initiatives, Executive Director, years of full-time study. Interested students, responsibilities of the business manager. Center for Global Business Stewardship, John F. who have maintained strong grades, should Specific Entrance Adams, and Professor of Management. apply to the program in the second semester of the junior year (75 credits completed) of Requirements Carol J. Swanberg, B.S., M.B.A. Academic undergraduate study. Advisor, Staten Island Campus. Please note: The Fast Track Bachelor of 16 high school units Science in Accounting leading to a Master (or appropriate score on the GED): of Business Administration in Accounting, or English 4 Objectives a Master of Science in Accounting, Risk and History 1 Financial Advisory, Finance or Taxation are Science 1 The Peter J. Tobin College of Business prepares registered 150 credit hour licensure qualifying Mathematics 3-4 graduates for rewarding managerial and programs for Certified Public Accountancy, Academic Electives 6-7 professional careers. in the State of New York, and recognized in The recommended sequence of Its educational programs combined with many other jurisdictions. Likewise, Bachelor high school mathematics courses includes progressive technology provide the practical of Science degrees with majors in Economics, Elementary Algebra, Plane Geometry and experience, solid knowledge base, strong Finance, Management, Marketing, and Intermediate Algebra and Trigonometry. ethical foundation and global perspective Risk Management and Insurance, leading A twelfth year of mathematics is graduates need to make immediate to a Master of Science in Accounting, are recommended, such as pre-calculus or calculus. and valuable contributions as business registered/licensure qualifying programs. Those students who wish to transfer to professionals. Careful selection of courses may enable the Tobin College of Business from another The Tobin College of Business faculty a student to obtain a secondary concentration institution or from within the University should carries out its responsibility for this preparation or minor. consult the appropriate section of the Bulletin. through excellence in teaching, supported by a Programs of study in the Tobin College commitment to applied business research. of Business are reviewed from time to time. The faculty expressly reserves the right to make alterations to the curriculum consistent with Programs of Study the needs of business. The Peter J. Tobin College of Business offers the Bachelor of Science degree with majors in Accounting, Actuarial Science, Business, Business Analytics, Economics, Finance, International Management, Management, Marketing, and Risk Management and Insurance.

stjohns.edu/bulletins 113 Advanced Placement and of Science degree in the Tobin College of *** International Management majors must Business. complete 2 semesters of foreign language College Extension Courses Actuarial Science majors must maintain only, specific to their Global Experience an average GPA of 3.0, or higher, in MTH country, in consultation with their Dean or Applicants to TCB are encouraged to take 1730, 1740, ACT 2322, 2333, and 2334 in Advisor. examinations of the Advanced Placement (AP) order to progress in the Actuarial Science **** External transfer students who have program, as well as college extension courses. program, (or in order to register for ACT earned an associate degree (outside of Credit is reviewed and awarded based on the courses of 3000-level or higher.) STJ), prior to enrollment, may be waived scores/ grades earned, and the applicability Please refer to the Core Curriculum from THE 2200–2800 and/or PHI 3000C, to their selected degree program. Test results section in the front of the bulletin and provided they have sufficient liberal and/or transcripts should be sent to Office of consult the TCB Office of Undergraduate art transfer credit to substitute these Admission. Programs for most current degree requirements. requirements. Basic Business Core Transfer Student Policy We reserve the right to make program Credit may be considered for transfer if it was changes, as necessary. B.S. Accounting: earned at a college/university that is accredited ACC 2370 3 by a regional accrediting organization (e.g. Basic Liberal Arts Core ACC 2371 3 Middle States Association of Colleges and AIS 2354 3 Schools). Students with credit from other All Majors Except Actuarial BUA 2334 3 countries will be asked to provide a credential Science major and Quantitative evaluation from a NACES-member organization FIN 2310 3 before credits are reviewed. Only courses with Risk and Insurance track in Risk General Elective 6 grades of C or better will be considered for Management and Insurance Major LAW 1310 3 MGT 2301 3 transfer. BUA 2333 3 MGT 4329 3 Students who wish to be considered for DNY 1000C* 3 MKT 2301 3 admission to the Actuarial Science major must ECO 1301 3 RMI 1301 3 have a cumulative GPA of a 3.0, or higher, and ECO 1302 3 Note: Business Core may vary if pursuing a must take and have a “B” or better average in ECO ELEC 3 Fast Track program. Calculus I and II. ENG 1100C 3 Students planning to take their first two FYW 1000C 3 Actuarial Science majors: years of work at a community college are HIS 1000C** 3 ACC 2320 3 advised to take a majority of their work in Language or Culture*** 6 FIN 3311 3 the arts and sciences, including macro- and Liberal Art Elective 6 FIN 3388 3 micro-economics and a strong background in MTH 1320 3 LAW 1310 3 mathematics. For strong consideration, it is PHI 1000C 3 MGT 2301 3 recommended that students have pre-calculus PHI 2220C 3 MGT 3325 3 or calculus complete prior to enrollment. Phi 3000C**** 3 MGT 4329 3 Transfer students should take only those SCI 1000C 3 MKT 2301 3 business courses that are offered freshman- and SPE 1000C 3 RMI 1301 3 sophomore-level courses in the Tobin College THE 1000C 3 RMI ELEC 3 of Business. These lower division courses are One Course form THE 2200-2800**** 6 TECH ELEC 3 numbered 1301 through 2399. THE 3305 3 Quantitative Risk and Insurance track in A limited number of courses that are Risk Management and Insurance major: Actuarial Science majors and Quantitative offered as upper-division work in the Tobin ACC 2320 3 College of Business may be considered for Risk and Insurance track in Risk BUA 2334 3 transfer credit from another four-year, AACSB Management and Insurance Major only: FIN 3311 3 accredited school. Instead of MTH 1320, must take: FIN 3388 3 No remedial work will be accepted MTH 1730 4 General Elective 3 for transfer. MTH 1740 4 LAW 1310 3 MGT 2301 3 (BUA 2333 is not required for the ACT MGT 3325 3 Degree Requirements major or the QRI track.) MGT 4329 3 Total 60–62 MKT 2301 3 A minimum of 120 semester hours of credit RMI 1301 3 for non-actuarial science majors; a minimum TECH ELEC 3 * External transfer students transferring less of 123 semester hours for Accounting majors Non-Accounting, Non-Actuarial Science than 24 credits may be required to complete with a dual business major in Business, Business and Non-Quantitative Risk and Insurance DNY 1000C. If transfer social science credit Analytics, Economics, Finance, International track majors: was not already awarded to substitute this Management, Management, Marketing or Risk ACC 2320 3 credit, students should see the TCB Office Management and Insurance; a minimum of BUA 2334 3 of Undergraduate Programs to determine 122 semester hours for Actuarial Science and FIN 3310 3 an alternate course to complete this credit the Risk Management: Quantitative Risk and General Elective 6 requirement. Insurance track are required to graduate from LAW 1310 3 ** External transfer students who have taken their respective programs. A minimum of a MGT 2301 3 an applicable history course may receive 3 2.0 cumulative quality point index and a 2.0 MGT 3325 3 credits for HIS 1000C. major field index are required for the Bachelor

114 MGT 4329 3 Economics: Professional Electives: MKT 2301 3 (Queens) 15 credits from the following: RMI 1301 3 ECO 3303, 3341, 3343 9 MKT 3305, 3306, 3307, 3308, 3309, TECH ELEC* 3 3310, 3313, 3314, 3315, 3316, 3317, 3318, *This requirement will be replaced with a BUS Professional Electives: 3319, 3320, 3321, 3322, 3350, 4305, 4306, ELEC for BUA majors, only. 12 credits from the following: 12 4316, 4318, 4350, 4399, 4400, IB 3341, 4312. Note: Business Core may vary if pursuing a ECO 3306, 3313, 3323, 3335, 3344, 3346, TOTAL 21 FastTrack program. 3348, 3349, 3360, 4340, 4345, 4350, 4399, 4400; not more than six credits from outside of Total 36–39 economics; FIN 3311, 3312, 3315, 3316, 3318, Risk Management and Insurance*: (Manhattan) Fields of Specialization section 4317; MKT 3312. RMI 3333, 3355, 3361, 4334, 4390 15 Please see the TCB Office for Undergraduate TOTAL 21 Programs for program and course requirements Note: Economics majors are urged to take Professional Electives: for the Dual Accounting/Business majors ECO 4350 among their elective courses. 6 credits from the following: in Business, Business Analytics, Economics, RMI 3335, 3350, 3388, 4311, 4360, 4364, Finance, International Management, Finance: 4399, 4400 Management, Marketing, and Risk (Queens, Staten Island) TOTAL 21 Management and Insurance. FIN 3311, 3312 6 Quantitative Risk and Insurance Track: Accounting: Professional Electives: ACT 2322, 2333, 2334 9 15 credits from the following: FIN 3315, 3316, RMI 3388, 3335 6 (Queens, Staten Island) 3318, 3319, 4314, 4317, 4327, 4328, 4350, Professional Electives: ACC: 3372, 3373, 4345; AIS 3355; 4351, 4399, 4400, ECO 3313, 3323, 3341, TAX 3361 15 6 credits from the following: 3348, 3349, 4340, 4345 not more than six RMI 3333, 3350, 4311, 4334, 4364 6 Professional Electives: (6) credits from Economics.

TOTAL 21 THE PETER J. TOBIN COLLEGE OF BUSINESS 6 credits from 3000 or 4000 level ACC/AIS/ TOTAL 21 TAX courses. Note: Finance majors are urged to take TOTAL 21 FIN 4350 among their elective courses. Certificate in Risk and Insurance The Certificate in Risk and Insurance is a two International Management Actuarial Science: semester 24-credit certificate program, based (Queens) (Manhattan) at the Manhattan campus, and admits students (Students must select their Global in the Fall semester. Students take four courses ACT: 2322, 2333, 3334, 3335, 3336, 3349, Experience country upon enrollment, chosen 4347, 4348. in each of the Fall and Spring semesters. While in consultation with their Dean or Advisor.) an undergraduate degree is not a prerequisite TOTAL 24 IB 3341, MGT 3391; and one (1) of the for admission, most people who enroll in this following: Global Destination course (GDC), or certificate program possess a minimum of

Business Global Internship, or IB 4312 9 an Associate degree, significant college level (Manhattan, Queens, Staten Island) study and/or industry experience. For additional Professional Electives: consumer information, the applicant may Professional Electives: 3 credits from the following: Business/ refer to the website at stjohns.edu/academics/ Language Culture (chosen in consultation 21 credits from 3000 or 4000 level courses undergraduate/tobin/risk. offered by Departments within The Peter J. with Dean) 3 Tobin College of Business. 9 credits from the following:

IB 4312; MGT 3339, 4326, 4334, 4338; Courses Students in the B.S. Business degree program may select the coursework of any minor as a MKT 3317; GDC 9 Fall Semester track within this major. TOTAL 21 RMI 1301 Principles of Risk Management TOTAL 21 Management: and Insurance RMI 3333 Commercial Property Risk Business Analytics: (Queens, Staten Island) MGT 3331, 3323 Management and Insurance (Manhattan, Queens) RMI 3335 Life, Health and Employee Benefits BUA 3330, 3336, 3337, 3346, 3350 15 Professional Electives: RMI 3361 Insurance and Alternative 15 credits from the following: MGT 3330, Professional Electives: Risk Transfer 3332, 3336, 3337, 3339, 3340, 3342, 3344, Choose one course from Analytics Electives: RMI 4334 Commercial Liability Risk 3346, 3353, 3391, 4310, 4311, 4320, 4324, Management and Insurance BUA 3310, 3338, IS 1332, 3339, 3354, 4326, 4333, 4334, 4335, 4336, 4338, 4347, RMI 4360 Corporate Risk Management 3347 3 4348, 4399, 4400, IB 3341, 4312. RMI 4364 Reinsurance Choose one course from Applied Electives: RMI 4390 Insurance Industry Operations ACC 3352, ECO 4345, FIN 3388, MGT 4324, TOTAL 21 MKT 3313, RMI 3388 3 Marketing: TOTAL 21 (Queens, Staten Island) MKT 3311, 3312

stjohns.edu/bulletins 115 Minors Business Law Minor Student Responsibility 15 credits It is the responsibility of students to make In addition to The Peter J. Tobin College of LAW 1310, plus 12 credits (4 courses) from Business minors offered below, TCB students the following: a minimum of 6 credits must be certain that their academic records are in may choose a minor from another college taken from TCB course offerings: proper order at the time they make application within St. John’s University. All minors must TCB courses: LAW 4313, 4314, 4315, 4316, for the bachelor’s degree. Should students be chosen in consultation with a Tobin College 4317; SJC courses: GOV 2490, 2500, 2580, be unable for any reason to take a prescribed of Business Advising Dean. Most minors 3450, 3460, 3450, 3460, 3620, RCT 3180. course in the regular semester, it is their cannot be completed within the normal responsibility to take the course later. They credit hour requirements of the baccalaureate degree. Students may declare a minor upon Finance Minor should not expect a waiver for the course at a completion of 24 credit hours at St. John’s 15 credits subsequent date, nor should they expect that University. FIN 2310, 3311, 3312, plus 6 credits (2 the course be offered at an unusual time to courses) from the following: FIN 3315, 3316, meet their personal circumstances. Only one course may overlap between major 3318, 3319, 3388, 4317, 4327, 4328, 4350. and minor. Special Programs Management Minors Accountancy Minors Entrepreneurship and Small Applied Finance Institute Accounting Business Management (For students who change majors from 15 credits The Applied Finance Institute (AFI) provides accounting after third year—must have a MGT 2301, 4310; MKT 3322; ACC 2320, the opportunity for high-performing finance 2.0 ACC GPA) plus 3 credits (1 course) from the following: majors and minors to distinguish their 15 credits LAW 4316 or MGT 4311. achievements by joining the Applied Finance ACC 2371, 3372, 3373, AIS 2354; Fellows Program. AFI Fellows benefit from TAX 3361. General Management applied and experiential finance curricular and 15 credits co-curricular activities, relevant for careers Accounting for the Liberal Arts MGT 2301, 3325, 3331, plus 6 credits (2 Student courses) from the Management Department in finance. Scholarships are available to AFI 15 credits course offerings. Fellows for CFA prep course and sponsorship, ACC 2320, 3352, 4345; AIS 2354, finance GDC course, and finance conferences. TAX 3361. Human Resource Management AFI Fellows receive preferential access to 15 credits many finance-related events. A Certificate of Accounting Information Systems MGT 2301, plus 12 credits (4 courses) from Completion is earned after meeting all the 15 credits the following: MGT 3331, 3332, 4333, program requirements: taking an applied/ AIS 2354, 3355, 3356; plus two (2) 4334, 4335, 4336. experiential-designated finance course (which AIS/ERM Electives. Upon successful completion of the above may also fulfill your major/minor requirement), coursework, students will have the attaining Bloomberg Market Concepts opportunity to sit for certification exam Advisory and Assurance Services certification, participating in an investment or 15 credits offered by the Society for Human Resource ACC 3358; AIS 4356, 4347, 4348, 4385. Certificate Institute (HRCI). research competition, attending AFI events, and maintaining grade requirements. Audit Analytics International Management Undergraduate students are encouraged 15 credits 15 credits to apply after taking Foundations of Finance AIS 2354, 3355, 4368; BUA 2333, 2334. MGT 2301, plus 12 credits (4 courses) from (FIN 2310), in their sophomore or junior year. the following: 3339, 3391, 4334, 4338, The requirements to apply are 3.3 overall GPA Financial Reporting and Analysis IB 3341. and at least a grade of B- in every finance 15 credits course. To inquire about joining the Applied ACC 2370, 2371, 3352, 3372, 3373. Sustainability and Social Enterprise Finance Fellows program, please contact AFI 15 credits Executive Director, [email protected]. Government and Not-for-Profit MGT 2301, 3336, 3653; ACC 3358, plus 3 15 credits credits (one course) from the following: IB 4312 or MGT 3337. Executive-in-Residence Program ACC 2320, 4344, 4346; AIS 2354, 3355. The Executive-in-Residence Program (EIRP) builds from the overall mission of the Tobin College of Managerial Accounting Marketing Minors Business: to provide students with experiential 15 credits Experiential Marketing learning opportunities that prepare them to ACC 4345, 4346; AIS 2354, 3355, plus 3 15 credits credits (1 course) ACC/ERM Elective. be effective leaders in business and in society. MKT 2301, 3309; plus 9 credits (3 courses) Under the guidance of select Tobin faculty, EIRP from the following: MKT 3313, 3314, 3316, students execute real-world business strategy Business Analytics Minor 3318, 3319, 3320, 3322, 4399. and management consulting engagements 15 credits Human-Centered Business Design for prominent organizations in the New York BUA 2334, plus 12 credits (4 courses) from: 15 credits BUA 3310, 3330, 3336, 3337, 3338, 3346; IS MKT 2301, 3311, 3322, 3350; plus 3 credits City metro area. Students in the program 3339, 3347, 3352. (1 course) from the following: MKT 3309, develop expertise in how to critically analyze 3313, 3320, 4399. the strategic challenges and opportunities that their clients confront. They use these analyses Marketing of Services to generate actionable recommendations that 15 credits EIRP student teams communicate back to clients MKT 2301, 3313, 3320, 3350; plus 3 credits through professional presentations and written (1 course) from the following: MKT 3306, reports. 3309, 3311, 3312, 3317, 4350.

116 Student participation in EIRP is highly classroom knowledge to paid professional work and, if it is approved, a second presentation competitive and generally open to Tobin’s top with major employers in the insurance, risk, is delivered to an Investment Committee senior undergraduates who have attained a actuarial, and financial services industry. comprised of Tobin College of Business cumulative GPA of at least 3.5/4.0. Students The Internship & Apprenticeship faculty, a representative from Business Affairs, who satisfy EIRP prerequisites are invited Program helps students prepare and connect and various guest business executives. If to interview for the program during their with employers who are offering one the Investment Committee approves the junior year. Those selected into the program semester internships or multiple semester recommendation, the transaction is executed. are organized into cohorts of 18 students “apprenticeship” opportunities. Students The undergraduate fund is currently who participate in EIRP over two semesters. who wish to participate in an internship/ valued at about $3.7 million, and holds 56 Participation in EIRP satisfies the requirements apprenticeship facilitated through The Thrower stocks and 1 sector ETF. of MGT 4329 – Managerial Strategy and Policy Center should contact the center for an (i.e., which is required for all undergraduate appointment with a counselor. Personalized Volunteer Income Tax business students). guidance and referral to the many employers Assistance Program who work with SRM in the insurance and Tobin Dean’s Distinguished The Volunteer Income Tax Assistance risk industries will be provided. The program Program (VITA) at St. John’s University is a Scholars Program is open to undergraduate students in Risk “virtual” tax preparation center housed in the The Dean’s Distinguished Scholars Program Management & Insurance and Actuarial Tobin College of Business. The VITA program brings together a limited number of high Science with a minimum cumulative index of is partnered with the Food Bank for New York performing students in specific courses 3.0. Participants are required to attend a pre- City. Each tax season, student volunteers are designed to challenge, enhance, and improve placement session prior to employer referrals. required to pass an e-learning course and exam the learning experience delivered by Tobin. Work schedules may include full-time (35 administered by the Internal Revenue Service Students will be expected to conduct research hours/week) employment during summer and (IRS), participate in an eight-hour tax software with professors, complete internships, part-time (15-20 hours/week) during spring training session, and volunteer approximately 4 participate in co-curricular activities geared and fall semesters. Students who complete a hours per week during tax season. towards improving business acumen, and multiple semester apprenticeship will have the The VITA program is open to all University participate in a college-sponsored global experience noted on their academic transcript. students who meet the IRS requirements THE PETER J. TOBIN COLLEGE OF BUSINESS destination course. This program seeks to Students may also be eligible to pursue and allows for application of technical and produce graduates that can readily contribute academic credit in a Tobin internship course communication skills to real income tax to an organization at a high level or proceed to after consulting with their Tobin advisor. scenarios. The VITA program exemplifies the advanced study at the graduate level. Students Student Managed University’s Vincentian mission by providing must maintain a 3.5 GPA within both their valuable services to clients who could not major and overall overage to remain in the Investment Fund otherwise afford professional tax services. VITA program. The undergraduate Student Managed clients typically receive tax refunds through Investment Fund (SMIF) was started in the refundable Earned Income Tax Credit, GLOBE January 2001. It is currently offered to and to which can be used to pay for essentials such GLOBE, a student-managed academic program undergraduate students through two courses: as food, clothing, and housing. Annually, and microfinance fund at St. John’s University, FIN 4328 (Fall semester) and FIN 4327 (Spring KPMG through matched alumni gifts awards the Peter J. Tobin College of Business, provides semester). Undergraduate students can take scholarships to VITA student volunteers. loans to entrepreneurs in the developing world. the course twice and receive 6 credits for Through GLOBE, students are educated about doing so. Students submit applications in Co-Curricular ­Activities the world of microfinance while applying their order to gain admission to the course for each To encourage professional development business skills to help the poorest of the poor semester. Applications are available from the outside formal coursework, the Tobin College lift themselves and their families out of poverty. Department of Economics and Finance on the of Business offers its students­ professional Students with a minimum of a 3.0 cumulative 3rd floor of the Tobin College of Business, societies in each major field of study. These index may apply for this course for their junior from the SMIF Faculty Advisor, or from the societies are run by the student members or senior year, and may earn 3 credits toward advisors in the Undergraduate Programs Office. with the guidance of a faculty moderator. their major or a business elective. The course is designed to give students Though each society emphasizes a particular hands-on experience at performing investment business discipline, membership is generally­ Global Destination Courses research, investing money and managing a open to all students. For-credit Global Destination Courses offer portfolio prior to entering the work force. Among the co-curricular activities in the students short-term international travel in Students are expected to generate investment Tobin College of Business are: conjunction with an on-campus business ideas, research investment opportunities • Accounting Society course. During a period of one-to-two weeks’ and make recommendations based on their • Actuarial Club analysis. Some of the research is performed travel to a global destination, students • APICS, The Educational Society for individually while other research is done as participate in business site visits, guest Resource Management lectures and cultural excursions. Courses and a team. It is the students’ responsibility to • Advertising Club travel locations change each semester. initiate research ideas and to recommend specific investment actions. Students make • Ascend–Pan Asian Student Organization SRM Apprenticeship Program heavy use of the FactSet and Bloomberg • Economics and Finance Society The Ellen Thrower Center for Career Services software tools in the Business Analytics Lab • Gamma Iota Sigma (Risk Management and at The School of Risk Management, Insurance as part of their work. Upon completion of Insurance) their research, student analyst teams deliver and Actuarial Science (SRM) administers the • Marketing Club presentations to their classmates and may SRM Internship & Apprenticeship Program, • National Association of Black Accountants providing practical experience that allows recommend the purchase or sale of securities. undergraduate students to apply their The class votes on the recommendation,

stjohns.edu/bulletins 117 Academic Information Honor Societies No student is permitted to enroll in any junior-or senior-level business course without the designated prerequisite(s). Additionally, no Pass-Fail Option Alpha Delta Sigma student is permitted to enroll in any junior-level This option is available to a student whose This is the national advertising honor society business course until Math 1320 and current cumulative grade point average sponsored by the American Advertising BUA 2333 have been completed. is at least a 2.0 and has completed at least Federation. 24 semester hours. Students may pass/fail Department of courses in the Liberal Art Core (except BUA Alpha Mu Alpha 2333-Modern Statistics I) or a General Alpha Mu Alpha is a national marketing Accountancy Elective, ONLY. Additionally, courses in the honor society sponsored by the American Business Core, major field or minor sequence Marketing Association to recognize and reward Victoria Shoaf, PH.D., C.P.A., Chair may NOT be pass/failed. scholarship among students of marketing. ACC 2320, Fundamentals of Accounting A maximum of 12 credits may be taken This course introduces financial and managerial pass/fail, with no more than any one course Beta Alpha Psi accounting principles to non-accounting in a given semester. In no case will the quality Beta Alpha Psi is the national scholastic majors. The course explains how financial point index be affected; a Pass will be credited honor society in accounting. Its objective is to information is communicated to management, toward the degree. However, courses in the encourage and recognize scholastic excellence stockholders, and creditors. This course also student’s major or minor which are to be used in that field. focuses on managerial planning and control for general elective credit are not eligible for with respect to budgeting, product pricing and the Pass-Fail Option. Beta Gamma Sigma profit-volume analysis, and decision making. Application for this option may be made Iota Chapter of Beta Gamma Sigma, the Credit: 3 semester hours. online through UIS approximately two weeks national scholastic honor society for colleges prior to the withdrawal date. A student may of business administration, was established ACC 2370 Financial Accounting also change the status from the Pass-Fail Option at St. John’s University in 1968, following the and Reporting to a regular grade up until the withdrawal date. accreditation of the College by the American This introduction to financial accounting Assembly of Collegiate Schools of Business. includes such topics as the basic accounting Academic Standing framework and concepts; cash flows, A full-time student’s program may range Omicron Delta Epsilon income reporting and financial position; the from a minimum of 12 to a maximum of Theta Chapter of Omicron Delta Epsilon, the accounting process; and financial statement 18 hours (credits) per semester. Freshman elements. Credit: 3 semester hours. programs are usually 15 semester hours national honor society in economics, was (credits). A student who receives a grade established at St. John’s University in 1958. ACC 2371 Intermediate Accounting I of F for a required course must take the Sigma Iota Epsilon Prerequisite: ACC 2370, or an equivalent course again. Please refer to the Office of course. The use of accounting in the control the Registrar section of this bulletin for more Sigma Iota Epsilon is the national scholastic and reporting of business transactions information. honor society in management. Its general and events are examined using U.S. and To remain in good academic standing, a purpose is two-fold: to encourage and international financial reporting standards student must maintain a minimum grade point recognize scholarly excellence and to promote average of 2.0 both cumulatively and in their as a means of communicating necessary major area. A student who fails to meet these cooperation between the academic and information to interested parties. Topics standards is placed on academic probation and practical aspects of management. affecting income determination and conformity limited to a program of 15 credits (five courses) with GAAP, such as, accounting for current maximum until he/she attains satisfactory Course Offerings assets, long-term assets, and intangible assets academic standing. All course credits are listed in semester hours. are examined. Credit: 3 semester hours. The minimum acceptable performance for For descriptions of courses other than those ACC 3351 Seminar in Accounting Theory continued study at The Peter J. Tobin College listed here, consult the index for location of of Business is a cumulative index of 1.5 at the Prerequisite: ACC 3373, or an equivalent other departments. end of the first year, 1.75 at the end of the course. The difficulties of preparing generally second year and 1.9 at the end of the third Each course number has four digits. The accepted accounting principles are explored, year. A cumulative and major grade point first of these digits shows the class level of the and current international and domestic average of 2.0 is required for graduation. course. These are designated as follows: promulgated standards, professional literature, Academic standing for consideration of selected proposals, and research, are examined progression within each program, progression 1 designates freshman level Credit: 3 semester hours. on probation or dismissal for poor scholarship 2 designates sophomore level is based on review of students’ progress. 3 designates junior level ACC 3352 Financial Statement Analysis Additional standards for progression in each 4 designates senior level Prerequisite: ACC 2320 or 2370, or an program must be met. Please contact the equivalent course. The fundamental skills Office of Undergraduate Advisement for information concerning these requirements. The second digit shows the number necessary to obtain an adequate understanding of credit hours for the course. The last two of the financial position, results of operations digits reflect the course number. For example, and cash-generating ability of business entities Management 4329 would be interpreted as are examined. Credit: 2 semester hours. follows: The first digit (4) indicates that this is a senior level course. The second digit (3) indicates that this is a 3-credit course. The last two digits indicate that this course is Management 29, i.e., Managerial Strategy and Policy.

118 ACC 3358 Sustainability Accounting ACC 4345 Cost Accounting Assurance and and Reporting Prerequisite: ACC 2370 or an equivalent course. Prerequisite: ACC 2320 or ACC 2370 Techniques and methods associated with cost Information Systems (AIS) or an equivalent. This course introduces accounting, including product costing; planning students to (a) the fundamental concepts of and control in both functional-based and AIS 2354 Accounting Information corporate sustain ability and how sustainable activity-based costing systems; as well as, key Systems I development issues influence company elements of cost accounting approaches, such This course provides a comprehensive overview accounting and reporting practices, (b) the as activity-based customer and supplier costing, of information technology applications used in systems and procedures that help ensure strategic cost management, activity-based the accounting profession. These applications sustainability issues are considered in decision budgeting, process value analysis, and quality allow the accountant to gather and transform making and reporting, (c) the accounting tools costing are examined. Credit: 3 semester hours. data into useful decision-making information. to help assess and manage the social and ACC 4346 Advanced Cost Accounting Credit: 3 semester hours. environmental impact of business operations, Prerequisites: ACC 4345 or an equivalent as well as, (d) contemporary approaches and course. Advanced topics in strategic, quality, AIS 3355 Accounting Information techniques to account for a company’s social, and environmental cost accounting are Systems II economic, and environmental impacts. discussed. Topics include responsibility Prerequisite: ACC 2370. Various accounting information and communication systems controls ACC 3372 Intermediate Accounting II accounting, performance evaluation, transfer pricing, lean accounting, productivity used by an entity with complex systems to Prerequisite: ACC 2371, or an equivalent course. measurement, balanced scorecard, activity Financial statements, account balances, and monitor and to assess system risks are examined. resource usage model and tactical decision business transactions and events are analyzed Potential weaknesses in systems are identified using U.S. and international financial reporting making. Credit: 3 semester hours. to enable students to recognize appropriate mitigation controls. Credit: 3 semester hours. standards as the means of communicating ACC/TAX 4399 Accounting/Tax Internship necessary information to interested parties. The internship provides students with the AIS 4347 Principles of Auditing Topics affecting income determination and opportunity to develop accounting or tax skills Prerequisite: ACC 3373 or an equivalent conformity with GAAP, such as, accounting for in an actual work setting outside the classroom.

course. Auditing theory and techniques are THE PETER J. TOBIN COLLEGE OF BUSINESS current liabilities and contingencies, long-term This internship is a one term, part-time, credit- introduced and applied to audits of financial liabilities, stockholders’ equity, dilutive securities bearing position within a supervised work statements and internal controls over financial and earnings per share, investments, revenue environment. This course is open to junior reporting. Auditing standards promulgated by recognition, as well as accounting and the time accounting majors with 60 credits completed the AICPA, PCAOB, and IAASB are discussed. value of money, are examined. and a 2.75 cumulative index and at least one Credit: 3 semester hours. Credit: 3 semester hours. semester of academic credit completed at St. AIS 4348 Advanced Auditing ACC 3373 Intermediate Accounting III John’s University. Coursework appropriate to the internship and permission of the instructor is Prerequisite: ACC 4347 or an equivalent Prerequisite: ACC 3372. Financial statements, required. Credit: 3 semester hours. course. The selection and application of account balances, and business transactions auditing procedures to specific assertion and events are analyzed using U.S. and ACC/TAX 4400 Accounting/Tax Internship objectives, risks, and internal controls relating international financial reporting standards A second internship, or continuation of ACC/ to balance sheet and income statement as a means of communicating necessary TAX 4399, which may be used as a General accounts, business transactions and events, information to interested parties. Topics Elective, and the earned grade is included in and overall financial statement presentation affecting income determination and conformity the major field index. and disclosure are examined. Various reports with GAAP, such as, accounting for income rendered and other services provided by taxes; pensions and post-retirement benefits; Certified Public Accountants are examined. leases; accounting changes and error analysis; Credit: 3 semester hours. statement of cash flows; full disclosure in financial reporting; partnership: formation, AIS 4356 Principles of Internal Audit operation, termination, and liquidation; as well Prerequisite: ACC 2320 or 2370 or an as, SEC financial reporting requirements are equivalent course. The objectives, concepts, examined. Credit: 3 semester hours. principles, and techniques of internal auditing are covered, including the role of the internal ACC 4343 Advanced Accounting I auditor; types of audits; enterprise risk Prerequisite: ACC 3373, or an equivalent course. management; and the planning, performance, Accounting theory and problems are applied communication, and follow-up of audit. to the formation, acquisition and liquidation of Credit: 3 semester hours. corporations. International and U.S. accounting principles that are applicable to consolidated AIS 4360, Fraud Examination financial statements of parents and subsidiaries Prerequisite: ACC 2320 or ACC 2370 or are reviewed. Credit: 2 semester hours. an equivalent course. This course will help students understand the ways business-related ACC 4344 Advanced Accounting II fraud and occupational abuse occur and Prerequisite: ACC 3373, or an equivalent identify areas of exposure. Various prevention, course. Special accounting principles, detection, and investigation techniques will procedures and problems are applied to be explored. The course will focuses on such entities as partnerships, estates, trusts, frauds that have occurred in recent years and governmental, not for profit, and foreign addresses: (a) the nature of the scheme and business entities and their subsidiaries. how the fraud was perpetrated, (b) how the Credit: 2 semester hours. fraud was covered up, (c) why the auditors,

stjohns.edu/bulletins 119 the board of directors, and the regulators did AIS 4382 Sustainability Accounting ACC/ AIS/ TAX courses to be not discover the fraud, (d) what should have Attestation offered upon demand been done by auditors, board members and Prerequisite: ACC 2320 or ACC 2370 or regulators to prevent and detect the fraud, and an equivalent course. This course, provides ACC 4353 International Accounting what weaknesses in controls existed to allow background on the subject matter of the situation to occur. sustainability information, defines the AIS 4357 Operational and Credit: 3 semester hours. objectives of an examination or review of Governmental Audit sustainability information under AICPA AIS 4361 Advanced Fraud Examination attestation standards, provides guidance on TAX 4363 Federal Income Taxation: Prerequisite: AIS 4360. This course will applying the engagement preconditions of Special Topics I introduce undergraduate business students AICPA attestation standards to a potential to regulations and rules related to fraud, TAX 4364 Federal Income Taxation: attestation engagement on sustainability Selected Topics II in particular the Sarbanes-Oxley Act. This information, as well as guidance on agreeing advanced course will also explore specialized to the terms of the engagement and TAX 4365 Practice and Procedure areas in fraud, such as Tax Fraud, Bankruptcy requesting a written assertion with respect to Fraud, Divorce Fraud, and Identity theft. sustainability information. TAX 4366 State and Local Income Tax The fraud examiner’s role in matters such Credit: 3 semester hours. as White Collar Crime, Organized Crime, Counterterrorism, and Anti-Money Laundering AIS 4385 Advanced Internal Auditing Department of Business will be addressed. Various prevention, Prerequisite: AIS 4356 or an equivalent Analytics and Information detection, and investigation techniques will be course. This course builds on the principles explored. Credit: 3 semester hours. of Internal Auditing curriculum to provide Systems (BUA/IS) students with additional introduction to topics AIS 4364 Accounting Information: Cyber- Ahmad Vakil, Ph.D., Chair related to the management of the Internal Security Processes Audit function. Topics that are included in this BUA 2333 Modern Statistics I Prerequisite: AIS 4347/AIS 4356 or an course are: corporate governance, enterprise Prerequisite: ECO1302; MATH 1320. The equivalent course. This course provides risk management, quality assurance review course discusses the introductory descriptive an understanding of information security process, environmental and process quality statistical measures and statistical theory of fundamentals, and key system security audits, and value added activities. Credit: 3 estimation and hypothesis testing relevant engineering, analysis and assessment semester hours. to economic problems. Topics include: techniques, tactics and procedures that are methods of data presentation, measures of internationally accepted information security TAX 3361 Federal Income Taxation: central tendency and dispersion, probability practices. The course will also prepare students Individuals theory and classical probability distributions, to handle security incidents more effectively Prerequisite: None. Federal income tax sampling distributions, hypothesis testing leading to improved business response and laws with respect to how individuals and and estimation, including the use of statistics reduced adverse impact. property transactions are taxed are examined packages such as EXCEL, MINITAB, and SPSS. Credit: 3 semester hours. from both tax compliance and tax planning Credit: 3 semester hours. AIS 4367 Accounting Information: perspective. Tax laws governing the rules Enterprise Resource Planning for income inclusion, income exclusion, and BUA 2334 Modern Statistics II Prerequisite: None. This course is based in allowed deductions, exemptions and credits Prerequisite: BUA 2333. The course discusses SAP, an enterprise resource planning system are studied. Students will be introduced to tax the intermediate statistical techniques commonly used by businesses. Students will filing requirements, the Internal Revenue Code, and emphasizes exploring and estimating obtain a working knowledge of transaction applicable regulations, and court decisions. relationships among variables. Topics flow in SAP ECC 6.0 modules: Procurement The AICPA’s Statements on Standards for Tax include: analysis of variance, regression Logistics (MM), Sales Logistics (SD), Financial Services as it applies to a code of professional and correlation, time series analysis, index Accounting (FI), Controlling (CO), Human conduct for tax practitioners is incorporated numbers, nonparametric statistics and Capital Management (HCM), Enterprise into the course. Credit: 3 semester hours. quality management. Application of the Asset Management (EAM), and Warehouse aforementioned techniques to solve real-world TAX 4362 Federal Income Taxation: Management (WM). Credit: 3 semester hours. economic problems using popular statistics Businesses packages such as EXCEL, MINITAB, and SPSS Prerequisite: TAX 3361, or an equivalent AIS 4368 Accounting Information: will be emphasized. Credit: 3 semester hours. Analytics and Forensics course. Federal income tax law as it applies to Prerequisites: AIS 4347/AIS 4356 or an the allowance for cost recovery, the alternative BUA 3310 Data Visualization Principles and equivalent course. This course addresses the minimum tax, tax accounting principles and Techniques theories, concepts, and applications related regular C corporations. The tax rules applicable Prerequisite: BUA 2333 or equivalent. This to accounting information and the use of to corporations are examined with regard course is primarily focused on data visualization analytics to monitor and detect information to organization, operation, distributions, for business. Increasingly, business practitioners technology frauds. The course reviews how redemption, liquidations and reorganizations. are being asked to use data as a crucial different substantive and rigorous tests can Credit: 3 semester hours. component of everyday decisions. In this be used to detect fraud, errors, estimates, or course, students learn about the fundamentals biases in financial data using data analytics. and best practices of data visualization analysis. The tests range from high-level data overviews Students will focus on data visualization to assess the reasonableness of data, to highly techniques through applied, hands-on projects. focused tests that give small samples of highly Credit: 3 semester hours. suspicious transactions. Credit: 3 semester hours.

120 BUA 3330 Introduction to Business BUA 3346 Optimization for Business IS 3347 Business Data Communications Analytics Decision Making and Network Prerequisite: BUA 2333 or equivalent. This Prerequisite: BUA 2334 or BUA 3310. This course covers the fundamental course is designed as an introduction to This course provides the student with the concepts, business application aspects and Business Analytics. Business Analytics is an area knowledge, concepts, techniques and software emerging trends of data communications of business that concentrates on the extensive application to optimize the objectives of a and networking. Selected topics include use of data, methods, and fact-based decision wide variety of business problems. Throughout communications hardware, software, and making. Furthermore, business analytics uses the course, the student will be taught how to protocols; network basics; network design data and models to explain the performance apply optimization techniques in the context and topology; local area networks (LAN); of a business and how it can be improved. of decision making. Practical examples from wide area networks (WAN); internet and This course discusses the benefits of utilizing different business disciplines are covered TCP/IP architecture, intranet and extranet; business analytics and its structured approach throughout this course. wireless networks, virtual private networks to problem-solving in different business Credit: 3 semester hours. (VPN); networks security, ethical issues, and disciplines. Major business analytics software management; and web technology. Credit: 3 BUA 3350 Business Research Methods would be utilized throughout this course. semester hours. Prerequisite: BUA 2333. The course is offered Credit: 3 semester hours. to honors students as a substitute for DS2334. IS 3348 Computer and Network Security BUA 3336 Big Data and Data Mining This is a research-oriented course with an Prerequisite: IS 3347. This is the second course for Business emphasis on quantitative and statistical in communications network with the emphasis Prerequisite: BUA 2333 or equivalent. This methods. Topics include: business research on network security and computer forensics. course serves as an introduction to Data and decision making; information, research The course covers topics including security Mining for students who are interested in and knowledge management; research design; policies and standards, network vulnerabilities, Business Analytics. Students will learn about sampling methods and data collections; firewall planning, design, configuration and many commonly used methods of data mining analytical procedures; research reporting administration, Virtual Private Network, techniques. These techniques help students and evaluation; and ethical considerations in contingency planning, intrusion detection and to acquire knowledge from large data sets. business research. Case studies of quantitative prevention systems, digital forensics, ethical THE PETER J. TOBIN COLLEGE OF BUSINESS Specifically, this course introduces methods methods applications are discussed and issues, and management. Hands-on case such as association, clustering, classification, assigned. Credit: 3 semester hours. application will be used to enhance the various classification and regression trees, visualization, topics of networks security discussed in the IS 1332 Computer Systems and Software etc. Students utilize a hands-on approach course. Credit: 3 semester hours. for Business Applications by using different specialized data mining Prerequisite: None. The course gives a survey IS 3352 Database Management software programs such as XLMiner. Credit: 3 on the fundamentals and emerging trends This course gives an intensive treatment on semester hours. of computer systems including hardware, database processing. Emphasis is centered BUA 3337 Predictive Analytics and software, networks and their business on the Data Base Management System’s Business Forecasting applications. The software suite Microsoft (DBMS) underlying concepts, theories, Prerequisite: BUA 2334 or equivalent. This Office 2007 (or later) is utilized throughout the designs, implementations as well as future course provides an extensive coverage of course to illustrate the integrated application of trends. Lab exercises and projects on the major topics used in developing predictive productivity tools to solve business problems. implementation of the designed data models, modeling and statistical forecasting Credit: 3 semester hours. utilizing major DBMS packages (Oracle, MS models that are extremely important to SQL Server, MySQL, MS Access, Visual Basic), IS 3339 Business Applications Software business analytics. These topics assist will be discussed and assigned throughout the The course is designed to enhance student’s business professional in utilizing historical course. Credit: 3 semester hours. critical-thinking and problem-solving ability data and patterns to develop quantitative through the intensive applications of software models for predicting the future events in tools to solve real-world projects. Selected Courses to be offered business. Modern forecasting techniques software tools include, but not limited to, MS upon demand are extensively covered in this course. Excel, MS Access, MS Project, MS Visual basic Major business analytics software would be and XML applications. The course is taught IS 3349 Advanced Computing and utilized throughout this course. Credit: 3 using a hands-on approach with project-based Methodology semester hours. tutorials. Credit: 3 semester hours. IS 3351 Object-Oriented Programming BUA 3338 Optimization and Simulation IS 3345 Web Design and Development Methodology IS 4340 Business Simulation and Model This course is designed to help students learn This course introduce students to modeling, Building the Web design principles and techniques. In optimization and simulation, as they apply this course, students will learn how to identify IS 4342 Business Software Design and to the study and analysis of decision making. topics, develop content, organize presentations, Development The introduction of optimization models and and design interfaces. Upon completion of the algorithms provide a framework for decision course, students will be able to apply the design IS 4399; 4400 Computer Information making under different restrictions. Different principles and use a variety of commercially Systems Internship simulation methods are examined and available Web design software packages to implemented in this course. Applications of BUA 3346 Linear Programming for create an industrial-grade websites or online optimization and applications of simulation and Business Decision-Making learning courses. Credit: 3 semester hours. advanced business analytics are emphasized in this course. Credit: 3 semester hours.

stjohns.edu/bulletins 121 Department of Economics ECO 3313 Public Finance ECO 3360 Marxian Economics Prerequisite: ECO 1302. Overview of the Prerequisite: ECO 1301 and 1302. The course and Finance (ECO/FIN) role of the national government plays in presents the survey of Marxian economics with the economy, with emphasis on spending, a focus on how Marx’s work can shed light Charles M.A. Clark, Ph.D., Chair taxation, public goods and market failures. on problems with which modern economists Credit: 3 semester hours. continue to grapple. This course will introduce Economics students to analytical traditions that receive ECO 3323 Economics of State and Local scant attention in the standard economics ECO 1301 Principles of Economics I Governments curriculum. Credit: 3 semester hours. General introduction to economic analysis: Prerequisite: ECO 1301 and 1302. Comparative cause of economic growth, inflation, analysis of the efficiency of state and local ECO 4340 Managerial Economics depression and recession. Impact of governments. Emphasis on an empirical study Prerequisite: ECO 1302 and MTH 1320. government on the national economy via fiscal of decision-making in New York State and Explores potential contribution and economic and monetary policy. Credit: 3 semester hours. New York City. Credit: 3 semester hours. theory to formulation of business policy decisions. Concentrates on those economic ECO 1302 Principles of Economics II ECO 3341 Macroeconomic Theory concepts which can be applied to management General introduction to the theory of how Prerequisite: ECO 1301, 1302. National income problems. Credit: 3 semester hours. business firms determine what goods to produce, accounting as a tool of economic analysis. prices charged and the wages paid in a free Presentation of the pure theory of income, ECO 4345 Introduction to Econometrics economy. The effects of government regulations with emphasis on the expenditures approach, Prerequisites: BUA 2333, ECO 1301, 1302. and controls. Credit: 3 semester hours. analysis of consumer and business spending Review of random variables, probability ECO 1320 Economics of Poverty and decisions and saving. Credit: 3 semester hours. distributions and hypothesis testing. Introduction of regression analysis and income Inequality ECO 3343 Microeconomic Theory application to time series and cross section This course provides an overview of the Prerequisite: ECO 1301, 1302. Presentation data. Credit: 3 semester hours. economic issues of poverty and income inequality of pure theory of prices, with stress on as they exist in developed countries (USA, comparison of the utility and indifference curve ECO 4350 Seminar in Economics Europe). The course will examine the economic, approaches to value and distribution. Prerequisites: ECO 3341 or permission of the social and political causes of poverty and income Credit: 3 semester hours. instructor. A research-oriented course focusing inequality with special emphasis on policy. Credit: on selected topics in theoretical and applied ECO 3344 International Economics 3 semester hours. economics, in which emphasis is given to a Prerequisite: ECO 1302. International trade, more advanced treatment of economic issues. ECO 1326 Economic History of the Western flow of commodities and capital across Credit: 3 semester hours. Community national boundaries, impact of international A survey of socio-economic formations and organizations on flow of trade. Analysis of ECO 4399 Economics Internship changes in the organization of economies over foreign investment and balance of payments. The internship provides students with the time. Special focus on the Industrial Revolution Credit: 3 semester hours. opportunity to develop applied economic skills in and the diffusion of technological knowledge an actual work setting outside the classroom. This ECO 3346 Economic Growth in newly industrializing countries. internship is a one term, part-time, credit-bearing and Development Credit: 3 semester hours. position within a supervised work environment. Prerequisite: ECO 1302. An empirical and This course is open to junior economic majors ECO 2309 Money and Banking analytical study of the difference in economic with 60 credits completed and a 2.75 cumulative Prerequisite: ECO 1301. Survey of principles growth and performance among various index, and at least one semester of academic of money and credit, the role of banks, the countries, both developed and less developed. credit completed at St. John’s University. Federal Reserve and financial institutions. Major theories of economic development are Coursework appropriate to the internship and Credit: 3 semester hours. examined. Credit: 3 semester hours. permission of the instructor is required. Credit: 3 ECO 2327 Development of American ECO 3348 Environmental Economics semester hours. Business Enterprise Prerequisite: ECO 1302. Environmental ECO 4400 Economics Internship Prerequisite: ECO 1302. An analysis of economics involves using evidence to A second internship or continuation of ECO American industrial framework with emphasis understand the overlapping relationship 4399, which may be used as a business on the diverse forms of market structure and between society and nature as humans elective, and the earned grade is included in behavior, life cycle of industry and the degree undertake the process of social provisioning. the major field index. Credit: 3 semester hours. of competition. Credit: 3 semester hours. Topics include: externalities and market ECO 3303 History of Economic Thought failures; cost/benefit analysis; the environment and well-being; climate change and ECO courses to be offered Prerequisite: ECO 1302. Survey of the main upon demand currents of economic thought. Analysis sustainability. Credit: 3 semester hours. ECO 3306 Comparative Economics of classical and neoclassical schools of ECO 3349 Business Economics economics and their major critics. Prerequisite: ECO 1301, 1302. This course ECO 3307 Labor Economics Credit: 3 semester hours. helps students to develop analytically robust ECO 3335 Mathematical Economics and structurally sound methods of producing ECO 3306 Comparative Economic Systems ECO 3348 Environmental Economics Prerequisite: ECO 1302. A survey of the an economic report, which encompasses structure and functioning of different understanding and evaluation of variables economic systems used to coordinate and data sets. While the focus is on the U.S. economic activity, focusing especially on economy, the methodology used is also relevant the varieties of market capitalists systems, in cross-country analysis. and on the post-communist economies in Credit: 3 semester hours. transition. Credit: 3 semester hours.

122 Finance FIN 4314 Real Estate Finance and Department of Law Investments FIN 2310 Foundations in Finance Prerequisite: FIN 2310. Provides an overview (LAW) Prerequisite: ECO 1302 and corequisite of real estate and real estate markets. Focus is ACC 2320. Introduces financial markets on understanding the theory and application John P. Clarke, J.D., Chair and institutions, financial risk, time value of of evaluating, valuing and investing in money, stock and bond valuation. commercial real estate. LAW 1310 Law in a Business Environment Credit: 3 semester hours. Credit: 3 semester hours. Examination of the role of law in society, the international legal environment, ethical issues, FIN 3311 Corporate Financial Analysis FIN 4317 Securities Analysis and Portfolio and the application of the U.S. Constitution. Prerequisite: FIN 2310. This course provides the Management Torts, contracts, business entities, bankruptcy tools for making business investment decisions Prerequisite: FIN 3312. Analysis of the various and environmental protection are studied. (capital budgeting and cost of capital); how the types of corporate securities and a discussion Credit: 3 semester hours. firm should finance these investments (capital of the techniques of portfolio management structure); and how the firm distributes profits in light of differing investment objectives. LAW 3313 Uniform Commercial Code to its owners (dividend policy). Theoretical and applied approaches are Prerequisite: LAW 1310. Study of the legal Credit: 3 semester hours. examined. Credit: 3 semester hours. system relative to commercial transactions, specifically covered by the Uniform FIN 3312 Investments FIN 4327; 4328 Managing Commercial Code including sales, negotiable Prerequisite: FIN 2310. The basic theories and Investment Funds instruments, and secured transactions. Credit: techniques of investment are covered within Prerequisite: FIN 3312 or 2310, and permission 3 semester hours. an ethical framework. Emphasis is on valuation of instructor. Addmission is by application. These models for equity, fixed income and derivatives courses enable students to manage a “real” LAW 4314 Government and Business securities. Credit: 3 semester hours. investment fund. Students perform functions of Prerequisite: LAW 1310. Regulation of a Wall Street securities analyst or mutual fund business under federal and state administrative FIN 3315 Commercial Banking analyst. Credit: 3 semester hours. agencies. Examination of issues relative to Prerequisite: ECO 2309 or FIN 2310. This antitrust, securities regulations, and advertising THE PETER J. TOBIN COLLEGE OF BUSINESS course covers both theoretical and practical FIN 4350 Seminar in Finance and the work of the S.E.C. and F.T.C. aspects of bank decision-making. Analysis of Prerequisite: FIN 2310. Various topics in Credit: 3 semester hours. the operations and management of commercial finance are covered from semester to semester. banks is emphasized. A research-oriented course focusing upon LAW 4315 Employment Law Credit: 3 semester hours. selected topics in theoretical and applied and Legislation finance, where there is more advanced Prerequisite: LAW 1310. A study of the laws FIN 3316 Capital and Money Markets treatment of the issues in finance. enacted to protect the individual rights of Prerequisite: ECO 2309 or FIN 2310. Study of Credit: 3 semester hours. employees focusing on potential discrimination financial market structures and instruments along in the workplace based on race, gender, age, with the nature of the financial system. Additional FIN 4351 Applied Finance Research Seminar and sexual orientation. Emphasis on the civil focus on trading, regulation and market crisis. Prerequisite: FIN 2310. Students conduct rights inherent in the hiring, promotion, and Credit: 3 semester hours. qualitative research that emphasizes critical retention of employees in the private sector. thinking, and quantitative research that FIN 3318 International Banking Credit: 3 semester hours. utilizes standard data analysis techniques. and Finance This discussion-based course focuses on LAW 4316 Law of Small and Prerequisite: ECO 2309 or FIN 2310. contemporary topics and enhances oral Family-Run Business Examines global finance and economic and written communication skills. Credit: 3 Prerequisite: LAW 1310. Examination of the environments, with emphasis on foreign semester hours. legal challenges and opportunities inherent exchange markets. Focus on corporate finance in starting and managing a small business, concerns, including currency forecasting and FIN 4399 Finance Internship including family run and new entrepreneurial hedging. Credit: 3 semester hours. The internship provides students with the start-up businesses. Review of the laws opportunity to develop applied financial skills in FIN 3319 FinTech in Financial Services applicable, including use of corporations, an actual work setting. This internship is a one Prerequisite: FIN 2310. Introduces and explores limited liability companies and limited liability term, part-time, credit-bearing position within the fundamentals of financial technology, partnerships. Credit: 3 semester hours. a supervised work environment. This course is including P2P lending, equity crowdfunding, open to junior finance majors with LAW 4317 Introduction to Real Estate Law robo advising, blockchain technology and basic 60 credits completed and a 2.75 cumulative Prerequisite: LAW 1310. This course offers understanding of machine learning and textual index, and at least one semester of academic undergraduate students an overview of the analytics based financial service. Credit. 3 credit completed at St. John’s University. manner in which legal issues arise in the course semester hours. Coursework appropriate to the internship and of the selection, acquisition, development, FIN 3388 Derivative Markets permission of the instructor is required. financing, ownership, and management of Prerequisite: FIN 2310. Students introduced Credit: 3 semester hours. real estate; the nature of those legal issues; to financial derivative instruments (forwards, and how they may best be identified and FIN 4400 Finance Internship futures, options, and swaps), their markets, addressed. This course focuses on informing A second internship or continuation of FIN derivative-pricing models, and their applications students about how an array of federal, state, 4399, which may be used as a business to investment strategy, hedging, and risk and local laws impact, directly and indirectly, elective, and the earned grade is included in management to create value. a variety of real estate transactions and issues, the major field index. Credit: 3 semester hours. Credits: 3 semester hours. while also addressing the use of a wide variety of legal agreements to govern the particular relationships between the parties. Credit: 3 semester hours.

stjohns.edu/bulletins 123 Department of MGT 3331 Strategic Leadership in a MGT 3346 Electronic Commerce Global Environment Prerequisite: MGT 2301. This course explores Management (MGT) Prerequisite: MGT 2301. This course is designed the process of buying and selling goods, to provide an overview of the fundamental services, and information electronically through John Angelidis, Ph.D., Chair concepts of basic leadership models and telecommunications networks, and primarily IB 3341 Principles of International Business theories, as well as an in-depth understanding the internet. Credit: 3 semester hours. of contemporary issues and perspectives on Prerequisite: MGT 2301 and MKT 3301. This MGT 3391 Global Business Strategy leadership in a global environment. Credit: 3 course provides an introduction to the field Prerequisite: MGT 2301. This is a course in the semester hours. of international business. It examines the development and implementation of global international environment and provides insights MGT 3332 Personnel Administration business strategies. It utilizes cases to study of the world of global corporations. Prerequisite: MGT 2301. This course strengths and weaknesses of multinational Credit: 3 semester hours. examines the problems and processes of the organizations, preparing students to IB 4312 GLOBE-International Social management of human resources, emphasizing evaluate global strategies that multinational Entrepreneurship the principles and practices of personnel organizations use to position themselves in the Prerequisite: Permission of the instructor. management and the functions of the executive global business marketplace. GLOBE, a student-managed academic program as applied within the context of personnel Credit: 3 semester hours. administration. Credit: 3 semester hours. and microfinance fund provides loans to MGT 3353 Sustainable Management entrepreneurs in the developing world. MGT 3336 Social Enterprise Management Prerequisite: MGT 2301. The increasing risk Through GLOBE, students are educated about Prerequisite MGT 2301. This course explores engendered by climate change for the world the world of microfinance while applying their the concept of social enterprise in relation to and its people and businesses has been business skills to help the poorest of the poor social entrepreneurship and corporate social burgeoning. Though, individual businesses lift themselves and their families out of poverty. responsibility. It presents ways and means for can adhere to sustainable practices that might Students with a minimum of a 3.0 cumulative scaling the impact of high-performing social well increase the likelihood of their achieving index may apply for this course for their second enterprises, be they nonprofit, for-profit or their strategic objectives. This course will semester junior year or senior year may earn hybrid organizations. Reasons and methods for cover the issues and opportunities associated credit toward their major or a business elective. using business to address social problems and with managerial recognition of this epochal For more information see Special Programs. seize social opportunities are described as are challenge. Credit: 3 semester hours. Credit: 3 semester hours. concepts for leveraging impact investing and MGT 4310 Entrepreneurship driving social change through organizational MGT 2301 Management and Prerequisite: MGT 2301. The course teaches practices. Credit: 3 semester hours. Organizational Behavior students to use the entrepreneurial perspective This course is designed to provide an overview MGT 3337 Corporate Social Responsibility in business decision making. Students enhance of managerial and leadership behaviors relevant Prerequisite: MGT 2301. A conceptual review their capacity to envision, anticipate, and to the effective utilization of administrative and of the interaction between management orchestrate events in new business ventures. human resources in organizational settings. and the environment in which it functions is Credit: 3 semester hours. Credit: 3 semester hours. provided. The relationship of the organization MGT 4311 Small Business Management. with the outside public, community, and society MGT 3323 Organizational Decision Making Prerequisite: MGT 2301. This course is designed is explored. Credit: 3 semester hours. Prerequisite: MGT 2301, DS 2334. Focuses on to introduce students to current theory and the integration and application of both the MGT 3339 Global Organizational Behavior practice related to managing small firms. It quantitative and the qualitative concepts, and Prerequisite: MGT 2301. This course is designed covers basic principles of organization and tools necessary to the evaluation and selection to provide a comprehensive and up-to-date management appropriate for a small business of alternatives in the administrative decision introduction to the field of international environment. Skills and activities needed for the making process. Credit: 3 semester hours. organizational behavior and managerial successful management of small firms, whether MGT 3325 Managing Operations requirements in the global context. Credit: 3 traditional family businesses, franchises or new Prerequisite: MGT 2301. Introduction to the semester hours. entrepreneurial ventures are taught. Credit: 3 semester hours. fundamentals of operations management. MGT 3340 Managing the IT Function Areas of study include aggregate planning, Prerequisite: MGT 2301. While maintaining a MGT 4320 Management of Service scheduling, inventory control, quality control, focus on information technology resources, Operations production control, productivity. this course explores alternative approaches for Prerequisite: MGT 2301 and MGT 3325. Credit: 3 semester hours. managing IT resources, coordinating business This course focuses on the management of MGT 3330 Project Management and IT strategies, purchasing IT resources, service operations within the pure service Prerequisite: MGT 2301. This course is an and what the user-manager and the systems sector (banking, transportation, travel and the introduction to modern project management. professional need to know to make effective use hospitality industry, government, etc.) and It provides a detailed overview of concepts of IT technologies. Credit: 3 semester hours. within the service functions of manufacturing (after-sales support, financing, etc.). and techniques applied to the management MGT 3342 Systems Analysis and Design Credit: 3 semester hours. of projects. The ability to plan, implement, Prerequisite: MGT 2301. Students are and manage activities to accomplish specific introduced to the use of tools and techniques MGT 4322 Management Information organizational objectives is a part of the project typically applied by systems analysts during Systems management. Specialized functions unique to the development of new business-related Prerequisite: MGT 2301. The course provides the project management environment including information systems. Credit: 3 semester hours. an investigation of principles governing the time management, cost management, human design, testing, and implementation of business MGT 3344 Decision Support Systems resources management, risk management and procedures and information systems within Prerequisite: MGT 2301. Students learn to others are introduced and explained. Credits: 3 the framework of computerized environment. make and support managerial decisions by semester hours. Credit: 3 semester hours. providing a thorough understanding of the support aspect of Decision Support Systems 124 (DSS). Credit: 3 semester hours. MGT 4324 Advanced Operations MGT 4347 Managing Through Social Media MKT 3307 Principles of Retailing Management Prerequisite: MGT 2301. The course is an Prerequisite: MKT 2301. The student examines Prerequisite: MGT 2301, MGT 3325. Selected overview of the emerging opportunities for the planning, organization, management and production processes are surveyed and managers to utilize social media as management operations of the retail (e-tail) firm. Strategic production problems considered in depth. tools. In this course students will learn to deploy and tactical factors leading to growth in retail Emphasis is given on the analytical methods social media as platforms for collaboration, (e-tail) sales and earnings are emphasized. used in the design, implementation and control communication, creative problem solving and Credit: 3 semester hours. of production systems. Credit: 3 semester hours. project management. Credit: 3 Semester hours. MKT 3308 Principles of Direct and MGT 4326 Global Supply Chains MGT 4348 Emerging Trends in MIS Interactive Marketing Prerequisite: MGT 2301 and 3325. The Prerequisite: MGT 2301. Current issues and Prerequisite: MKT 2301. This course aims to provide an in-depth and critical perspective of principles and practices of supply management trends in the MIS field are explored through direct and interactive online media within an are surveyed with emphasis on procurement- its lectures, discussions, and case analyses. overall integrated marketing communications organization and its analytical methods and Credit: 3 semester hours. mix. Specifically, the course covers the techniques. Credit: 3 semester hours. MGT 4399 Management Internship planning, design, and execution of direct MGT 4329 Strategic Management The internship provides students with the marketing programs, including methods for Prerequisite: Taken in last 12 credits, may opportunity to develop management skills in utilizing databases and targeting techniques. take in summer only if graduating. The an actual work setting outside the classroom. Students will learn how to design direct mail, course concerns enterprise-wide strategic This internship is a one term, part-time, credit telephone, catalog, email, and internet-based management. In this course students learn how -bearing position within a supervised work marketing programs for consumer goods, services, and industrial markets, and, the to develop and implement business strategies. environment. This course is open to junior principles of database design for marketing, Credit: 3 semester hours. management majors with 75 credits completed and a 2.75 cumulative index,and at least one as well as gain an overview of the basic data analysis for targeting and testing. Credit: 3 MGT 4333 Industrial and semester of academic credit completed at semester hours. Personnel Psychology St. John’s University. Coursework appropriate to

Prerequisite: MGT 2301. (Cf. PSY 33) The THE PETER J. TOBIN COLLEGE OF BUSINESS the internship and permission of the instructor MKT 3309 Experiential and Event course studies the psychological aspects of is required. Credit: 3 semester hours. Marketing individual differences, efficiency working Prerequisite: MKT 2301. This course is designed MGT 4400 Management Internship conditions, accident prevention, human to introduce students to the various aspects A second internship or continuation of MGT engineering, industrial mental health and of event marketing. In the course, students counseling. Credit: 3 semester hours. 4399, which may be used as a business learn to identify and use various marketing elective, and the earned grade is included in MGT 4334 Managing a Culturally and media tools—from the traditional to the the major field index. Credit: 3 semester hours. emerging to successfully promote different type Diverse Workforce of events. The course reviews the concepts Prerequisite: MGT 2301. This course provides and tools used to design and implement a a study of the formal social structures and Department of Marketing successful event marketing strategy, which are organizational environments, organizational (MKT) applicable to festivals, fashion events, movie environments and the factors facilitating premieres, sporting events, award ceremonies, and impeding the harmonious integration of Iris Mohr, Ph.D., Chair community celebrations, cultural events, and culturally diverse workforce personnel. other events. Credit: 3 semester hours. Credit: 3 semester hours. MKT 2301 Principles of Marketing This course is designed to develop knowledge MKT 3310 Sales Management MGT 4335 Management of Compensation and understanding about the basic principles Prerequisite: MKT 2301. This course is Prerequisite: MGT 2301. This course covers of marketing and its role in directing and a comprehensive survey of sales force principles underlying management’s application blending all activities of an organization. Credit: management; organizing, staffing, and of monetary incentives. Generally, wage theory, 3 semester hours. training a sales force; directing sales force principles and practices are investigated. Credit: operations; sales planning; and evaluating sales 3 semester hours. MKT 2301 Principles of Marketing Honors performance. This course is designed to be a This course is designed to develop knowledge hands-on introduction to sales management. MGT 4336 Development of and understanding about the basic principles of Speakers, films, case studies, class participation Human Resources marketing. A service learning project will need and team projects offer students a “real world” Prerequisite: MGT 2301. Students learn to be completed by each honor student. Credit: experience. Credit: 3 semester hours. applications of management and teaching- 3 semester hours. learning principles of job training, supervisory MKT 3311 Consumer Behavior MKT 3305 Advertising development, executive growth and the role Prerequisite: MKT 2301. This course addresses Prerequisite: MKT 2301. Advertising is surveyed of business in meeting urban personnel needs, issues related to consumer behavior from a as a major part of a brand’s integrated organization and administration of programs, number of different viewpoints. It examines marketing communications process which the influences of psychological, sociological, methods of instruction, evaluation and presents brand information and spurs consumer research. Credit: 3 semester hours. and cultural variables on buying behavior and behavior. Credit: 3 semester hours. marketing strategy development. Credit: 3 MGT 4338 International Management MKT 3306 Integrated Marketing semester hours. and Operations Communication Prerequisite: MGT 2301. The course provides a MKT 3312 Marketing Research Prerequisite: MKT 2301. The course introduces Prerequisite: DS 2333, MKT 2301 survey of managerial actions and practices within the students to the fundamental principles Marketing Research is a scientific approach the global setting. The impact of economic, and theories of sale promotion and integrated commonly used to identify problems and their political, and social-cultural differences on marketing communication (IMC). causes, collect relevant information, analyze international business management is explored. Credit: 3 semester hours. and present this information within the Credit: 3 semester hours. management decision making process. Credit: 3 semester hours.

stjohns.edu/bulletins 125 MKT 3313: Analytics for Consumer Insight MKT 3317 International Marketing MKT 3350 Strategic Service Design Prerequisite: BUA 2333 and MKT 2301. This Prerequisite: MKT 2301. This course is Prerequisite: MKT 2301. Building upon course is designed to introduce students designed to expand the students’ perspective an understanding of product and service to current theory and practice related to of marketing from a domestic to global marketing, this course takes an interdisciplinary analytics and consumer insights/behavior. It orientation. Credit: 3 semester hours. view of what it takes to conceive, nurture and covers analysis and interpretation of advanced birth services that customers want/need, while analytic techniques, including price sensitivity, MKT 3318 Fashion Marketing Prerequisite: MKT 2301. Fashion Marketing sustaining profitably. Topics covered include: regression analysis, principal components qualitative and quantitative research methods, analysis, and principal components regression. introduces students to the fundamentals of fashion marketing and prepares them for value co-creation with multiple stakeholders Skills and activities needed for the successful in complex service ecosystems, identification analysis of consumer data and to identify a marketing career in the field of fashion. of customer and employee “pain points” and priorities for improvement (i.e. key drivers Students will develop skills in such areas as visualization of intangible service experience analysis) are taught. Topics include basics in fashion economics, marketing segmentation such as service blueprints, customer journey approaching data, outliers and significance and target marketing, promotion, and, retailing maps, storyboards and other tools that are testing, basics of pricing, price sensitivity, and and distribution. Besides covering fashion commonly used in service design practice. regression analysis for consumer insights. marketing fundamentals, the course addresses Credit: 3 semester hours. the latest business and retail trends, technology Credit: 3 semester hours. innovations, and new retail formats and MKT 3314 Sports Marketing and Media business models related to fashion for satisfying MKT 4305 Advertising/ Marketing Research Prerequisite: MKT 2301. The purpose of the the ever-changing fashion market, as well as Project Sports and Media course is to provide an much talked about issues related to fashion, Prerequisite: MKT 2301, and permission of overview of various aspects of the sports including social and environmental challenges the instructor. This is an advanced, multi- marketing, sponsorship and media industry for the clothing industry. disciplinary course that uses a real-world with an experiential marketing aspect. This Credit: 3 semester hours. challenge of a prominent company to teach includes an introduction to the broad sports students how to think through a complex marketing environment; the marketing MKT 3319 Digital Marketing marketing problem. Credit: 3 semester hours. Prerequisite: MKT 2301. The purpose of the strategies for multiple sports properties, MKT 4306 Advertising Project platforms, sponsorships and events; the course is to introduce students to the complex Prerequisite: MKT 4305 and permission of the current issues regarding the marketing of world of digital marketing. In this course, instructor. This is an advanced course that sports products, leagues, teams and athletes; students learn how digital has revolutionized involves students in hands-on execution of a the interaction between sports marketing and the interactions between firms and consumers. marketing/advertising campaign, performing media; and the application of course concepts Digital marketing offers powerful tools to reach all the functions of a contemporary marketing to contemporary market planning, strategy and consumers. The course covers digital marketing communications agency. Credit: 3 semester decision making. Credit: 3 semester hours. from its inception to the present time and provides an overview of the major technologies hours. MKT 3315 Product and Brand Management and platforms, ecosystem participants, MKT 4316 Marketing Management Prerequisite: MKT 2301. This course offers measurement and other services that support and Policies students with an overview of new product marketing, and also reviews consumer privacy Prerequisite: MGT 2301, MKT 2301. A management planning techniques, and explores concerns which have grown over time. capstone, case-oriented course, emphasizing branding from a consumer perspective. Credit: 3 semester hours. the development of marketing management Specifically, the course provides insight into skills. Credit: 3 semester hours. how profitable product strategies are created MKT 3320 Service Marketing Prerequisite: MKT 2301. The course focuses on for the purposes of attracting and maintaining MKT 4350 Marketing Seminar the unique challenges of managing services and customers, and the implications for brand A senior-level course focusing on the current delivering quality service to customers. management professionals. Overall, this course and critical marketing issues being addressed by Credit: 3 semester hours. is designed to develop knowledge, skills, and today’s firms. Credit: 3 semester hours. perspectives to support the application of MKT 3321 Financial Services MKT 4399 Marketing Internship managing products and developing brand Prerequisite: MKT 2301. In this course we will The internship provides students with the strategies in today’s marketing environment. look to apply marketing principles—especially Credit: 3 semester hours. those related to services marketing—to the opportunity to develop marketing skills in an actual work setting outside the classroom. MKT 3316 Film and TV Marketing financial services industry. Credit: 3 semester hours. This internship is a one term, part-time, credit Prerequisite: MKT 2301. Making a film is -bearing position within a supervised work creative, but just like any other product or MKT 3322: Creativity and Innovation for environment. This course is open to junior service, the goal is to make it marketable. Film Business and Society marketing majors with 60 credits completed marketing is a comprehensive and informative Prerequisite: MKT 2301. Taking a broad, and a 2.75 cumulative index, and at least one course designed to give students a basic service-oriented view of the marketplace, this semester of academic credit completed at overview and understanding of all aspects of a course examines the relationship between domestic and international specialized theatrical St. John’s University. Coursework creativity/innovation and positive change with appropriate to the internship and permission film marketing campaign. The focus will be an emphasis on what it takes to conceive, on film positioning, branded entertainment, of the instructor is required. Credit: 3 nurture and birth sustainable ideas that semester hours. promotional tie-ins, publicity, word of mouth, create value for firms, customers and other social media, competitive landscapes, media marketplace actors. Individual, community MKT 4400 Marketing Internship plans, festival positioning, theatrical distribution and organizational aspects of creative A second internship or continuation of MKT opportunities, and sales and award campaigns. problem solving are explored through hands- 4399, which may be used as a business This course will also examine the business of on exercises and community-based projects elective, and the earned grade is included in television, the rise of digital platforms, and their designed to provide students with the tools the major field index. Credit: 3 semester hours. impact on film marketing. and skills they need to approach complex Credit: 3 semester hours. challenges in new ways. Credits: 3 semester hours.

126 MKT courses to be offered RMI 3388 Computer Applications RMI 4400 Internship upon demand in Insurance Prerequisite: RMI 1301. A second internship Prerequisite: None. Provides students with or continuation of RMI 4399, may be used MKT 4318 Marketing Seminar in hands-on experience in different computer as a business elective. The earned grade is International Topics software to perform various data analysis tasks included in the major field index. that are commonly required of entry-level jobs Credit: 3 semester hours. in insurance industry. Basic and intermediate ACT 2322 Actuarial Science 2 Department of Risk statistics concepts are reviewed in the context of (Mathematical Statistics) insurance applications. Credit: 3 semester hours. Management, Insurance Prerequisite: MTH 1740. Provides an and Actuarial Science RMI 4311 Cases in Insurance Research introduction to mathematical statistics; Prerequisite: RM/ 1301, and Permission af approved for Society of Actuaries Validation by (RMI and ACT) the instructor. Students obtain familiarity Education Experience (VEE) credits. Credit: 3 Mark J. Browne Ph.D., Chair with a set of current financial service sector semester hours. issues and hone their ability to think creatively about risk issues. The course is conducted ACT 2333 Actuarial Science 3 RMI 1301 Principles of Risk Management (Probability Theory) Prerequisites: None. Surveys fundamental as a hybrid course, namely a combination of face-to-face meetings of the entire class, Prerequisite: MTH 1740. Provides a review principles of risk and risk management, and extension of probability theory to prepare examines how insurance offers protection for student-led research paper discussions and feedback forums, research presentations by students for the first actuarial examination individuals and society and how the insurance (1/P). Credit: 3 semester hours. market is structured and regulated, and the most recognized scholars and significant discusses theories in risk management and on-line activities, plus individual or small group ACT 2334 Actuarial Science 4 insurance. Credit: 3 semester hours. synchronous tutorials. (Theory of Interest) RMI 4334 Commercial Liability Risk Develops the concepts of financial mathematics RMI 3333 Commercial Property Risk to prepare students for the second actuarial Management and Insurance Management and Insurance

examination (2/FM). Credit: 3 semester hours. THE PETER J. TOBIN COLLEGE OF BUSINESS Prerequisite: RMI 1301. Identifies property Prerequisite: RMI 1301. Identifies liability loss exposures that corporations commonly loss exposures that corporations commonly ACT 3335 Actuarial Science 5 face and examines how they manage these face and examines how they manage these (Life Contingences I) exposures, discusses the theories and principles exposures, discusses the theories and principles First of a two-course sequence, promotes governing insurance contracts, and analyzes the governing insurance contracts, and analyzes the students to develop knowledge of long term commercial property insurance industry. commercial liability insurance industry. actuarial models and apply them. Prepare Credit: 3 semester hours. Credit: 3 semester hours. students for advanced actuarial examination (LTAM). Credit: 3 semester hours. RMI 3335 Life, Health, and Employee RMI 4360 Corporate Risk Management Benefits Prerequisite: RMI 1301. Through case examples, ACT 3336 Actuarial Science 6 (Life Prerequisite: RMI 1301. Surveys market- help students gain experience with the process Contingences II) based and government-based insurance tools of managing operational, financial and strategic Second of a two-course sequence, promotes designed to manage risks of premature death, risks of private and public organizations. students to develop knowledge of long term disability and loss of health. Examines social Credit: 3 semester hours. actuarial models and apply them. Prepare security and retirement funding issues. RMI 4364: Reinsurance students for advanced actuarial examination Credit: 3 semester hours. Prerequisite: RMI 1301. Surveys reinsurance (LTAM). Credit: 3 semester hours. RMI 3350: Insurance Leadership in Markets products and programs as well as the supply ACT 3349 Actuarial Science 9 and Society and demand for reinsurance in insurance (Applied Statistics) Is a course approved for Prerequisite: RMI 1301. Presents an opportunity markets. Credit: 3 semester hours. actuarial society credit under the Validation by to develop familiarity with the global insurance RMI 4390 Insurance Industry Operations Educational Experience (VEE) Program. industry and practice in the critical-thinking and Prerequisite: RMI 1301. Provides an overview Credit: 3 semester hours. communication skills essential for success in of the industrial organization of the insurance ACT 4347 Actuarial Science 7 (Construction that industry, and covers experiential learning, markets, including the competitive and and Evaluation of Actuarial Models I) including study abroad possibility. Credit: 2 regulatory impacts on both consumers and First of a two-course sequence, develops the semester hours. firms, and examines the interaction between student’s knowledge of modeling and actuarial RMI 3355 Risk Control the firm’s actuarial, underwriting, claims, methods with business applications; Prepare Prerequisite: RMI 1301. Overviews the risk investment, marketing functions. students for advanced actuarial examination assessment and treatment processes, Examines Credit: 3 semester hours. (4/C). Credit: 3 semester hours. techniques used in identifying, assessing RMI 4399 Internship ACT 4348 Actuarial Science 8 (Construction and treating risks, and covers handling the Prerequisite: RMI 1301. Provides students with and Evaluation of Actuarial Models II) consequences of risk that corporations face. the opportunity to develop applied skills in Second of a two-course sequence, develops the Credit: 3 semester hour. a supervised, actual work environment. This student’s knowledge of modeling and actuarial RMI 3361 Insurance and Alternative internship is a one term, part-time, credit methods with business applications; Prepare Risk Transfer -bearing position within a supervised work students for advanced actuarial examination Prerequisite: RMI 1301 and FIN 2310. Presents environment. This course is open to junior RMI (4/C). Credit: 3 semester hours. advanced methods of combining insurance and majors with 60 credits completed and a 2.75 other financial tools into solutions for funding a cumulative index,and at least one semester firm’s exposure to risk in ways that create and/ of academic credit completed at St. John’s or improve economic value of the firm. University. Credit: 3 semester hours. Credit: 3 semester hours.

stjohns.edu/bulletins 127 Faculty

Norean R. Sharpe, Dean, Joseph H. and Maria Herbert M. Chain, CPA, Assistant Professor of I. Hilmi Elifoglu, CISA, CISM, Associate C. Schwartz Chair and Professor of Business Accountancy and Executive Director of Center Professor of Accountancy, B.S., Ankara Analytics and Information Systems, B.A., Mount for Executive Education, BS, Duke University; University; M.B.A., University of Minnesota; Holyoke College; M.S., University of North MBA, University of Pennsylvania; MS, New M.S., Ph.D., New School for Social Research. Carolina; Ph.D., University of Virginia. York University. Robert B. Fireworker, Professor of Business Ivan Abel, Associate Professor of Marketing, David Y. Chan, CPA, CIA, CFE, Associate Analytics and Information Systems, B.S., BEE., The City College, City University of New Professor of Accountancy, B.S., M.S., St. John’s Brooklyn College; M.S., Ph.D., New York York; M.B.A., Baruch College; Ph.D., City University; Ph.D., Rutgers University. University. University of New York. Chiang-Nan Chao, Professor of Management, Adrian P. Fitzsimons, CPA, CISA, CMA, CFA, John Angelidis, Chair and Professor of B.A.,. Jilin University, China; M.B.A., Lamar CFE, Associate Dean of Academic Programs and Management, B.S., Georgia Institute of University; Ph.D., Arizona State University. Professor of Accountancy, B.S., M.B.A., Technology, MS., Ph.D., Georgia St. John’s University; Ph.D., New School for Thomas P. Chen, Professor of Economics and State University. Social Research. Finance, B.A., Tunghai University; M.A., State Mark Aquilio, CPA, Professor of Accountancy, University of New York at Buffalo; Ph.D., Ingrid Fray, Associate Professor of the B.S., J.D., Fordham University; LL.M., City University of New York. Practice, Management, B.A., Fairleigh Dickinson New York University. University; M.B.A., University of Phoenix. Yeong C. Choi, CPA, Professor of Joan Ball, Associate Professor of Marketing, Accountancy, B.A., M.A., M.S., YeungNam Arlene J. Furfero, Associate Professor of B.A., University of New York, Albany; M.S., University, Korea; M.S., University of Delaware; Economics and Finance, BA., M.A., Pace Nyack College; Ph.D., International School Ph.D., Drexel University. College; JD., Pace University; Ph.D., of Management. Rutgers University. Young Back Choi, Professor of Economics, Vipul K. Bansal, CFA, Professor of Finance, B.A., SUNY Old Westbury; M.A., Ph.D., Leonora Fuxman, Professor of Management, B.A., Jiwaji University; M.B.A., University of University of Michigan. B.S., Kiev State University, Ukraine; MA., Ph.D., Delhi; Ph.D., University of Mississippi. Wharton School, University of Pennsylvania. Charles M. Clark, Chair and Professor James Barrese, Professor of Risk Management of Economics and Finance, BA. Fordham Joseph A. Giacalone, Professor of Economics and insurance, Robert F. Caroon Academic University; M.A., Ph.D., New School for Social and Finance, Henry George Chair, B.A., Chair, B.S., Ph.D., Rutgers University. Research, Senior Fellow, Vincentian Center for Ph.D., Columbia University; M.B.A., St. John’s Albert J. Beer, F.C.A S., M.A.A.A, Assistant Church and Society. University. Professor of Risk Management and Insurance, Sylvia Clark, Associate Professor of Marketing, Aleksandr V. Gevorkyan, Henry George Chair B.S., Manhattan College, M.A. University of B.B.A., Baruch College, M.B.A., New York and Associate Professor of Economics, B.S., Colorado. University; Ph.D., Baruch College. M.S., Louisiana State University; M.Phil., Ph.D., The New School. Mikael Bergbrant, Associate Professor of John P. Clarke, Chair and Associate Professor Finance, B.S., M.S., M.B.A., Ph.D., Law, B.B.A., St. John’s University, J.D., Sylwia Gornik-Tomaszewski, CMA, CFM, University of South Florida. St. John’s University Law School. Professor of Accountancy, MS., Academy of Economics, Katowice, Poland; M.S., Kent State Jason Berkowitz, Associate Professor of Patrick R. Colabella, CPA, Associate Professor University; D.B.A., Cleveland State University. Finance, B.B.A., M.S., George Washington of Accountancy, B.S., St. John’s University; University, Ph.D., University of North Carolina M.B.A., Pace University, Ed.D., St. John’s Niall Hegarty, Associate Professor of at Charlotte. University. Management, B.S., M.B.A., Ed.D, St. John’s University. Mark Browne, Chair and Professor of Risk Timothy Coville, CPA, Associate Professor of Management and Insurance, B.S.E., M.A., Accountancy, B.S., SUNY Albany; M.B.A., Annette Hofmann, Associate Professor of Risk Ph.D., University of Pennsylvania. New York University; Ph.D., Rutgers University. Management and Actuarial Science, B.S., Ph.D., University of Hamburg. M. Northrup Buechner, Associate Professor Gerald P. Cusack, Associate Professor of Economics, A.B., Lawrence University; Ph.D., of Management, B.A., M.B.A., St. John’s Sven Horak, Associate Professor of University of Virginia. University; M.A., New School for Social Management, B.A. (hons) eq., Stralsund Research; Ph.D., New York University. University of Applied Sciences, Timothy Fabienne T. Cadet, Assistant Professor of Keiningham, J. Donald Kennedy Endowed Marketing, B.S., M.B.A., St. John’s University; Andre de Souza, Assistant Professor of Chair in £-Commerce and Associate Professor Ph.D., Hampton University. Economics and Finance, B.A., M.B.A., Goa of Marketing, B.A., Kentucky Wesleyan University, India; Ph.D., New York University. Turanay Caner, Associate Professor of College; M.B.A., Vanderbilt University; Ph.D., Management, B.S., METU Turkey, M.B.A., Nina T. Dorata, Director of Undergraduate Staffordshire University. Providence College, Ph.D., University of Business Major, CPA, Professor of Accountancy, Chaman Lai Jain, Professor of Economics, BA., Pittsburgh. B.S., M.B.A., St. John’s University, Ph.D., MA., Punjab University, India; M.A., Vanderbilt Rutgers University. William Ryall Carroll, Associate Professor of University; Ph.D., American University. Marketing, B.A., University of Rochester, M.Sc. Reza Eftekharzadeh, Associate Professor of Shreekant G. Joag, Associate Professor of University of Texas, Ph.D., Baruch College. Business Analytics and Information Systems, Marketing, B. Tech. Mech., Indian Institute B.A., Tehran, Iran; M.B.A., St. John’s University; Patrick A. Casabona, Professor of of Technology; B.A., Indian Institute of M.B.A., M.Phil., Ph.D., Baruch College. Accountancy, B.A., Iona College; M.B.A., Ph.D., Management; Ph.D., Oklahoma State Baruch College of the City University of University. New York.

128 Timothy Keiningham, J. Donald Kennedy Ronald L. Moy, Associate Professor of Manuel G. Russon, Associate Professor of Endowed Chair in E-Commerce and Professor Economics and Finance, B.A., M.A., Ph.D., Business Analytics and Information Systems, of Marketing, B.A., Kentucky Wesleyan Rutgers University. B.A., University of Pittsburgh; M.A., Ph.D., College; M.B.A., Vanderbilt University; Ph.D., University of Mississippi. Staffordshire University. Kirstin Munro, Assistant Professor of Economics, B.A., Reed College; M.A., University Anthony Sabino, Professor of Law, B.S., J.D., Deborah Kleiner, Associate Professor of of Illinois at Chicago; Ph.D., Portland St. John’s University. Law, B.A., Brooklyn College; J.D., New York State University. University School of Law. Linda M. Sama, Associate Dean for Global Harry L. Nagel, Professor of Business Analytics Initiatives and Executive Director, Center for W. Jean Kwon, C.P.C.U., Professor of Risk and Information Systems, B.S., CUNY Brooklyn Global Business Stewardship, John F. Adams, Management and Insurance, B.B.A., University College; M.S., Ph.D., New York University. and Professor of Management, Ph.D. Baruch of Maryland, M.B.A., The College of Insurance; College, M.Phil., Baruch College, M.B.A., Jay Nathan, CFPIM, APP, CPM, Professor Ph.D., Georgia State University. McGill University, Montreal, Canada, B.A., State of Management, M.E., University of Florida; University of New York at Albany. Craig Latshaw, CPA, Associate Professor of M.B.A., Ph.D., University of Cincinnati. Accountancy, B.S., Gettysburg College; M.B.A., Nicos A. Scordis, Ph.D., Professor of Risk John J. Neumann, Associate Dean of Faculty Kutztown University, Ph.D., Drexel University. Management and Insurance, John R. Cox/ and Associate Professor of Finance, B.S.E., ACE Ltd. Chair of Risk and Insurance, Ph.D., K. Thomas Liaw, Professor of Economics and University of Pennsylvania; D.B.A., Boston University of South Carolina, M.B.A., University Finance, B.A., National Chenchi University, University. Taiwan; Ph.D., Northwestern University. of Georgia; B.S., Florida State University. Theresa Pactwa, Associate Professor of Xiao Joyce Lin, Assistant Professor of Risk Vincent Shea, CPA, Associate Professor of Economics and Finance, B.B.A., University of Management and Insurance, B.A., B.S., Accountancy, B.B.A., M.B.A., University of Iowa, M.S., Drexel University; Ph.D., Florida Peking University, Beijing; Ph.D., University of North Florida; Ph.D., Kent State University. International University. Wisconsin—Madison. Victoria Shoaf, CPA, Chair and Professor of Anthony Pappas, Associate Professor of Chris P. Long, Associate Professor of Accountancy, B.A., California State College; Economics and Finance, B.S., Massachusetts Management, B.A., University of Connecticut; M.B.A., Pace University; Ph.D., Baruch College, THE PETER J. TOBIN COLLEGE OF BUSINESS Institute of Technology; M.A., Ph.D., M.P.P., Harvard University; Ph.D., City University of New York. Duke University. Yale University. Benjamin R. Silliman, CPA, Professor of Cynthia R. Phillips, CPA, Associate Professor F. Victor Lu, Professor of Business Analytics Accountancy, B.ACCY., M.ACCY, University of of Accountancy, B.B.A., Hofstra University, and Information Systems, B.S., Cheng Kung Mississippi, M.Tax, University of Denver, M.A., M.B.A., Ed.D., St. John’s University. University, Taiwan; M.S., Georgia Institute of Ed.D, New York University. Technology; Ph.D., Syracuse University. Biagio Pilato, Associate Professor of the Abraham Stefanidis, Associate Professor of Practice, Law, CPA, B.S., J.D., St. John’s Laura Lee Mannino, CPA, Associate Professor Management, B.A., M.B.A., Ph.D., University, LL.M., New York School of Law. of Accountancy, B.S., Fairfield University; J.D., Athens University. Hofstra University; LL.M., New York University. Maria Pirrone, CPA, Associate Professor of Kevin Jailin Sun, Associate Professor of Accountancy, B.S., M.B.A., J.D., St. John’s Anna Martin, Alois J. Theis Professor in Accountancy, B.A. Shanghai University, Ph.D., University; LL.M, New York Law School. Global Finance, B.S., Purdue University, M.B.A., University of Colorado at Boulder. University of Miami, Ph.D., Florida Simcha Pollack, Professor of Business Analytics Ralph A. Terregrossa, Associate Professor of Atlantic University. and Information Systems, B.S., CUNY Brooklyn Economics, B.A., SUNY Cortland; M.A., Ph.D., College; M.S., Ph.D., New York University. Brenda L. Massetti, Associate Professor of SUNY Binghamton. Management, B.A., University of South Florida; David M. Pooser, Associate Professor of Risk Igor Tomic, Professor of Economics and M.B.A., University of Alabama in Birmingham; Management and Insurance, B.S., Ph.D., Finance, B.S., M.A., CUNY Queens College; Ph.D., Florida State University. Florida State University. Ph.D., City University of New York. Irene N. McCarthy, CPA, Professor of Ronnie Rong Qi, Associate Professor of Joseph Trainor, CPA, CFE, Associate Professor Accountancy, B.B.A., Baruch College; M.S., Economics and Finance, B.S., Renmin University, of Accountancy, B.S., Southern New Hampshire City College of New York; Ph.D., New York China; M.A., Columbia University; Ph.D., University; M.B.A., Ph.D., Florida Atlantic University. Columbia University. University. Stephen J. Mildenhall, FCAS, ASA, Director Jack Raisner, Professor of Law, Boston Ahmad Vakil, Chair and Associate Professor of Insurance Data Analytics, Assistant Professor University, J.D. Cardozo School of Law, of Business Analytics and Information Systems, of Risk Management and Insurance, B.S., Yeshiva University. University of Warwick; S.M., Ph.D., University B.S., National University, Tehran, Iran; M.B.A., of Chicago. William Reisel, Professor of Management, LaSalle University; M.S., Ph.D., Temple M.A., M.B.A., Ph.D., The City University of University. Iris Mohr, Chair and Associate Professor of New York. Marketing, B.S., SUNY at Albany; M.A., Hebrew Athanasios Vasilopoulos, Professor of University; M.B.A., Ph.D., Baruch College. Ralph Rogalla, Associate Professor of Risk Business Analytics and Information Systems, Management, Insurance, and Actuarial Science, B.E.E., M.E.E., Ph.D., New York University. Gary Mongiovi, Professor of Economics and M.S., Technical University Berlin; Ph.D., Habil., Finance, B.S., St. John’s University; M.A., New Goethe University Frankfurt. York University; Ph.D., New School for Social Research.

stjohns.edu/bulletins 129 Raja Vatti, Associate Professor of Business Analytics and Information Systems, B.A. Andhra University, India; M.S., Emory University; M.B.A., lona College; Ph.D., New York University. Ping Wang, Professor of Risk Management and Insurance, B.S, M.S. and Ph.D., Nankai University (China); Ph.D., University of Wisconsin - Madison. Paul L. Walker, CPA, Professor of Accountancy, James J. Schiro Zurich Chair in Enterprise Risk Management, B.B.A., University of Texas at Arlington, Ph. D., University of Colorado at Boulder. Charles Wankel, Professor of Management, B.B.A., lona College; M.B.A., Ph.D., New York University. Roy Weissman, Assistant Professor of Management, B.S., M.B.A., Syracuse University. Kwok-Fai Matthew Wong, CFA, Professor of Economics and Finance, B.A., Acadia University, Canada; M.B.A., University of Manitoba, Canada; J.D., Fordham University; Ph.D., University of Mississippi. Yun Zhu, Associate Professor of Economics and Finance, B.A., Fudan University, China, M.S., South Dakota State University; Ph.D., Rensselaer Polytechnic Institute.

Emeritus Faculty Christine Rider, Professor Emeritus, B.S., London School of Economics; M.A., CUNY, Queens College; Ph.D., New School for Social Research. Eberhard E. Scheuing, Professor Emeritus, 4/9/2002, M.B.A., Ph.D., University of Munich, Germany; C.P.M., A.P.P., N.A.P.M.

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