UT AUSTIN
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UNDERGRADUATE CATALOG
1998 - 2000


CONTENTS

CHAPTER 1
The University

CHAPTER 2
School of Architecture

CHAPTER 3
College of Business Administration

CHAPTER 4
College of Communication

CHAPTER 5
College of Education

CHAPTER 6
College of Engineering

CHAPTER 7
College of Fine Arts

CHAPTER 8
College of Liberal Arts

CHAPTER 9
College of Natural Sciences

CHAPTER 10
School of Nursing

CHAPTER 11
College of Pharmacy

CHAPTER 12
School of Social Work

CHAPTER 13
The Faculty

Texas Common Course Numbering System
(Appendix A)

APPENDIX B
Degree and Course Abbreviations

  CHAPTER THREE CONTENTS
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 Chapter 3
 Business Administration
  continued


Courses

The faculty has approval to offer the following courses in the academic years 1998-1999 and 1999-2000; however, all courses are not taught each semester or summer session. Students should consult the Course Schedule to determine which courses and topics will be offered during a particular semester or summer session. The Course Schedule may also reflect changes that have been made to the courses listed here since this catalog was printed.

A full explanation of course numbers is given in General Information. In brief, the first digit of a course number indicates the semester hour value of the course. The second and third digits indicate the rank of the course: if they are 01 through 19, the course is of lower-division rank; if 20 through 79, of upper-division rank; if 80 through 99, of graduate rank.

Business Administration

Unless otherwise stated in the description below, each class meets for three lecture hours a week for one semester.

Business Administration: B A

Lower-Division Courses

101. Contemporary Issues in Business Administration I.
Students must take this course during their first semester in the College of Business Administration. Introduction to basic computer technology skills, including use of the Internet. Use of professional business periodicals and other resources. Analysis and discussion of current business issues, such as ethics, time management, group accountability, professional readings, political and economic developments. Practice of communication skills through case discussion (with emphasis on group dynamics and responsibilities) and through informal oral and written communication. The equivalent of one hour a week for one semester. Offered on the letter-grade basis only. Prerequisite: Admission to the College of Business Administration.

102. Contemporary Issues in Business Administration II. Students must take this course during their second semester in the College of Business Administration. Introduction to opportunities in business; exploration of functional areas of business, with emphasis on career development. Industry employment issues, including formal and informal communication, presentation, group accountability, and interpersonal skills. Introduction to effective personal career strategies. The equivalent of one hour a week for one semester. Offered on the letter-grade basis only. Prerequisite: Business Administration 101.

Upper-Division Courses

353C. Internship in Business Administration--Accounting.
Focuses on students' career goals through academic discussion and evaluations, while placing students in professional internships with public and private enterprises. Offered on the pass/fail basis only. Only one of the following may be counted toward the Bachelor of Business Administration: Business Administration 353C, 353F, 353H, 353K, 353M, 353S. May not be counted toward the student's major requirement. Prerequisite: Completion of forty-five semester hours of college coursework, admission to a business major, and consent of the departmental internship coordinator.

353F. Internship in Business Administration--Finance.
Focuses on students' career goals through academic discussion and evaluations, while placing students in professional internships with public and private enterprises. Offered on the pass/fail basis only. Only one of the following may be counted toward the Bachelor of Business Administration: Business Administration 353C, 353F, 353H, 353K, 353M, 353S. May not be counted toward the student's major requirement. Prerequisite: Completion of forty-five semester hours of college coursework, admission to a business major, and consent of the departmental internship coordinator.

353H. Internship in Business Administration--Honors.
Focuses on students' career goals through academic discussion and evaluations, while placing students in professional internships with public and private enterprises. Offered on the pass/fail basis only. Only one of the following may be counted toward the Bachelor of Business Administration: Business Administration 353C, 353F, 353H, 353K, 353M, 353S. May not be counted toward the student's major requirement. Prerequisite: Completion of forty-five semester hours of college coursework, admission to a business major, and consent of the departmental internship coordinator.

353K. Internship in Business Administration--Marketing.
Focuses on students' career goals through academic discussion and evaluations, while placing students in professional internships with public and private enterprises. Offered on the pass/fail basis only. Only one of the following may be counted toward the Bachelor of Business Administration: Business Administration 353C, 353F, 353H, 353K, 353M, 353S. May not be counted toward the student's major requirement. Prerequisite: Completion of forty-five semester hours of college coursework, admission to a business major, and consent of the departmental internship coordinator.

353M. Internship in Business Administration--Management.
Focuses on students' career goals through academic discussion and evaluations, while placing students in professional internships with public and private enterprises. Offered on the pass/fail basis only. Only one of the following may be counted toward the Bachelor of Business Administration: Business Administration 353C, 353F, 353H, 353K, 353M, 353S. May not be counted toward the student's major requirement. Prerequisite: Completion of forty-five semester hours of college coursework, admission to a business major, and consent of the departmental internship coordinator.

353S. Internship in Business Administration--Management Science and Information Systems.
Restricted to management information systems majors. Focuses on students' career goals through academic discussion and evaluations, while placing students in professional internships with public and private enterprises. Offered on the pass/fail basis only. Only one of the following may be counted toward the Bachelor of Business Administration: Business Administration 353C, 353F, 353H, 353K, 353M, 353S. May not be counted toward the student's major requirement. Prerequisite: Completion of forty-five semester hours of college coursework, admission to a business major, and consent of the departmental internship coordinator.

179, 379. Problems in Business Administration.
Conference course. May be repeated for credit. Some sections of Business Administration 179 and 379 are offered on the pass/fail basis only; these are identified in the Course Schedule. Prerequisite: Eighteen semester hours of business and economics, six of which must be upper-division, and consent of instructor. A student registering for this course must obtain written approval from the Undergraduate Dean's Office, on forms provided for that purpose, before the first meeting of the course.

Topic 1: Accounting. Additional prerequisite: Accounting 311 or 312 with a grade of at least C.

Topic 2: Legal Environment of Business. Additional prerequisite: Legal Environment of Business 323 with a grade of at least C.

Topic 3: Statistics. Additional prerequisite: Statistics 309 or the equivalent with a grade of at least C.

Topic 4: Finance. Additional prerequisite: Finance 354 or 357 with a grade of at least C.

Topic 5: Risk Management.

Topic 6: Real Estate. Additional prerequisite: Real Estate 358 with a grade of at least C.

Topic 7: Management. Additional prerequisite: Management 335 or 336 with a grade of at least C.

Topic 9: International Business. Additional prerequisite: International Business 350 with a grade of at least C.

Topic 10: Marketing. Additional prerequisite: Marketing 337 with a grade of at least C.

Topic 12: Management Information Systems. Additional prerequisite: Management Information Systems 310 or the equivalent with a grade of at least C.

Department of Accounting

Unless otherwise stated in the description below, each class meets for three lecture hours a week for one semester.

Accounting: ACC

Lower-Division Courses

310F. Foundations of Accounting.
An introduction to financial and managerial accounting, with emphasis on the content, interpretation, and uses of accounting reports. Discussion of the determination and reporting of net income and financial position, and the theories underlying business financial statements; consideration of managerial accounting topics designed to extend the student's knowledge to the planning and controlling of the operations of the firm. May not be counted toward the Bachelor of Business Administration degree.

311. Fundamentals of Financial Accounting.
Concepts and their application in transaction analysis and financial statement preparation; analysis of financial statements. Accounting 311 and 311H may not both be counted. Prerequisite: Twenty-four semester hours of college credit.

311H. Fundamentals of Financial Accounting: Honors.
Concepts and their application in transaction analysis and financial statement preparation; analysis of financial statements. Accounting 311 and 311H may not both be counted. Prerequisite: Twenty-four semester hours of college credit and admission to the College of Business Administration Honors Program.

312. Fundamentals of Managerial Accounting.
Introduction to cost behavior, budgeting, responsibility accounting, cost control, and product costing. Accounting 312 and 312H may not both be counted. Prerequisite: Accounting 311.

312H. Fundamentals of Managerial Accounting: Honors.
Introduction to cost behavior, budgeting, responsibility accounting, cost control, and product costing. Accounting 312 and 312H may not both be counted. Prerequisite: Accounting 311H and admission to the College of Business Administration Honors Program.

Upper-Division Courses

326. Financial Accounting--Intermediate I.
Theoretical foundation, concepts, and principles underlying financial statements; current assets; current liabilities; property, plant, and equipment; short-term investments; present value analysis. Offered on the letter-grade basis only. Accounting 326 and 456 may not both be counted. Prerequisite: Accounting 311 and 312 with a grade of at least C in each, and admission to a business major.

327. Financial Accounting--Intermediate II.
Continued study of concepts and principles underlying financial statements; intangible assets; long-term liabilities; corporate capital; analysis of financial statements; financial reporting and changing prices; other subjects, such as long-term investments, bonds, pensions, and leases. Accounting 327 and 380K (Topic 1: Financial Accounting Standards and Analysis I) may not both be counted. Prerequisite: Accounting 326 with a grade of at least C and admission to a business major.

329. Managerial Accounting and Control.
The origination, processing, reporting, and use in business operations of accounting information for management purposes. Only one of the following may be counted: Accounting 329, 459, 387 (Topic 1: Introduction to Managerial Accounting). Prerequisite: Accounting 311 and 312 with a grade of at least C in each, and admission to a business major.

151. MPA/PPA Lyceum--Third Year.
Presentations by professional accountants and managers. One lecture hour a week for one semester. Offered on the pass/fail basis only. Prerequisite: Admission to the Master in Professional Accounting program or the Professional Program in Accounting.

152. MPA/PPA Lyceum--Fourth Year.
Discussion of current issues confronting the accounting profession. Two lecture hours a week for one semester. Offered on the pass/fail basis only. Prerequisite: Admission to the Master in Professional Accounting program or the Professional Program in Accounting.

455. Introduction to Taxation.
The role of taxes in contemporary society and their impact on individuals and business. Four lecture hours a week for one semester. Offered on the letter-grade basis only. Only one of the following may be counted: Accounting 455, 364, 380K (Topic 11: Introduction to Taxation). Prerequisite: Admission to the Professional Program in Accounting.

456. Financial Accounting Concepts and Research.
Conceptual framework of financial accounting; research methods in financial reporting; and financial reporting institutions and regulations. Four lecture hours a week for one semester. Offered on the letter-grade basis only. Accounting 326 and 456 may not both be counted. Prerequisite: Admission to the Professional Program in Accounting.

459. Managerial/Cost Accounting.
Analysis of manufacturing costs, development of cost estimates, and preparation of relevant information for management decision making. Four lecture hours a week for one semester. Offered on the letter-grade basis only. Only one of the following may be counted: Accounting 329, 459, 387 (Topic 1: Introduction to Managerial Accounting). Prerequisite: Admission to the Professional Program in Accounting.

360. Financial Accounting--Advanced.
Accounting problems in respect to multiple ownership; consolidated financial statements and partnership accounts; foreign currency translation; segmental reporting; other special topics. Offered on the letter-grade basis only. Accounting 360 and 380K (Topic 2: Financial Accounting Standards and Analysis II) may not both be counted. Prerequisite: Accounting 327 with a grade of at least C and admission to a business major.

361. Governmental and Institutional Accounting.
Budgeting, accounting, auditing, and financial reporting principles and practices for government and other nonprofit entities. Offered on the letter-grade basis only. Accounting 361 and 380K (Topic 6: Issues in Accounting and Control for Nonprofit Organizations) may not both be counted. Prerequisite: Accounting 311 and 312 with a grade of at least C in each, and admission to a business major.

362. Auditing and Control.
Professional practice standards and procedures of auditing: ethics, legal liability, sampling methods, control systems, control design, and control evaluation. Accounting 362 and 380K (Topic 4: Introduction to Auditing) may not both be counted. Prerequisite: Accounting 311 and 312 with a grade of at least C in each, and admission to a business major.

364. Fundamentals of Taxation.
Introduction to the role of taxes in contemporary society and their impact on individuals and business entities; emphasis on federal income taxation. Only one of the following may be counted: Accounting 455, 364, 380K (Topic 11: Introduction to Taxation). Prerequisite: Accounting 311 and 312 with a grade of at least C in each, and admission to a business major.

365. Fundamentals of Financial and Administrative Information Systems.
Accounting information systems of organizations. Topics include selected hardware and software concepts, fundamentals of accounting information systems analysis, design, implementation, and control. Offered on the letter-grade basis only. Accounting 365 and 382K (Topic 1: Principles of Systems Analysis) may not both be counted. Prerequisite: Accounting 311 and 312 with a grade of at least C in each, Management Information Systems 310, and admission to a business major.

366P. Accounting Practicum.
Restricted to business majors. Students apply skills in their major area and focus on additional project management skills through group projects conducted in a professional setting. Students may work with a private or a public enterprise. The equivalent of three lecture hours a week for one semester. Prerequisite: Eighteen semester hours of business coursework, at least six of which must be upper-division, and consent of instructor and the department.

378. Contemporary Accounting Topics.
In-depth study of selected accounting topics. Offered on the letter-grade basis only. May be repeated for credit when the topics vary. Prerequisite: Accounting 311 and 312 with a grade of at least C in each, and admission to a business major. Some topics have additional prerequisites; these prerequisites are given in the Course Schedule.

Topic 1: Hardware, Software, and Telecommunications.

Department of Finance

Unless otherwise stated in the description below, each class meets for three lecture hours a week for one semester.

Finance: FIN

Upper-Division Courses

320F. Foundations of Finance.
Principles of effective financial management, including planning, organization, and control; financial intermediaries; securities markets; evaluating alternative assets, debt, and capital structures. May not be counted toward the Bachelor of Business Administration degree. Prerequisite: Upper-division standing, and Accounting 310F and Management Information Systems 311F or their equivalents.

354. Money, Banking, and Economic Conditions.
The monetary system, financial markets, national income components, and their relationship to business activity. Only one of the following may be counted: Economics 322, Finance 354, 354H. Prerequisite: Accounting 311, Economics 304K (or 303) and 304L (or 302), credit or registration for Management Information Systems 324, and admission to a business major.

354H. Money, Banking, and Economic Conditions: Honors.
The monetary system, financial markets, national income components, and their relationship to business activity. Only one of the following may be counted: Economics 322, Finance 354, 354H. Prerequisite: Admission to the College of Business Administration Honors Program, forty-five semester hours of college coursework, Accounting 311H, Economics 304K (or 303) and 304L (or 302), Mathematics 403K and 403L, and credit or registration for Management Information Systems 324H.

357. Business Finance.
Principles of finance, with application to all aspects of the business firm; particular attention to cost of capital, investment decisions, management of assets, and procurement of funds. Finance 357 and 357H may not both be counted. Prerequisite: Accounting 312, Economics 304K (or 303) and 304L (or 302), Statistics 309, credit or registration for Management Information Systems 324, and admission to a business major.

357H. Business Finance: Honors.
Principles of finance, with application to all aspects of the business firm; particular attention to cost of capital, investment decisions, management of assets, and procurement of funds. Finance 357 and 357H may not both be counted. Prerequisite: Admission to the College of Business Administration Honors Program, forty-five semester hours of college coursework, Accounting 312H, Statistics 309H, Economics 304K (or 303), credit or registration for Economics 304L (or credit for 302), and credit or registration for Management Information Systems 324H.

366P. Finance Practicum.
Restricted to business majors. Students apply skills in their major area and focus on additional project management skills through group projects conducted in a professional setting. Students may work with a private or a public enterprise. The equivalent of three lecture hours a week for one semester. Prerequisite: Eighteen semester hours of business coursework, at least six of which must be upper-division, and consent of instructor and the department.

367. Investment Management.
Investment theory, alternatives, and decision making under differing uncertainties and constraints; formulation of objectives and strategies; development of conceptual managerial perspectives and philosophies for investment environments. Prerequisite: Finance 354 and 357.

370. Integrative Finance.
Integrates financial decision making in functional areas of finance; utilizes various concepts to promulgate strategies, policies, and procedures in managing funds to achieve objectives. Prerequisite: Ninety semester hours of college coursework; Finance 354 and 357; Finance 367 or 377L; and Finance 377 (Topic 3: Security Analysis) or 377 (Topic 4: Financial Analysis).

371M. Money and Capital Markets.
Development of modern financial markets, with emphasis on the factors that determine interest rates; institutional characteristics and pricing mechanisms of various interest-sensitive securities. Prerequisite: Finance 354 and 357.

374C. Financial Planning and Policy for Large Corporations.
An in-depth study of theory and practice of corporate financial management in establishing major financial and investment policies; techniques for analysis, evaluation, and control. Prerequisite: Finance 357.

374S. Financial Planning and Policy for Small and Medium-Sized Businesses.
Development, implementation, and control of financial plans, strategies, and policies by owner-managers of small and medium-sized firms; analysis of alternatives and decision making. Prerequisite: Finance 357.

376. International Finance.
The international financial environment, with emphasis on the factors affecting exchange rates and how exchange rate changes affect the firm. Prerequisite: Finance 357.

377. Advanced Portfolio Management and Investment Analysis.
Second course in investments, with emphasis on quantitative applications and the underlying theory in the analysis and management of securities and portfolios. May be repeated for credit when the topics vary. Prerequisite: Finance 367.

Topic 1: Theory and Application.

Topic 2: Futures Markets.

Topic 3: Security Analysis. Finance 377 (Topic 3) and 377 (Topic 4) may not both be counted.

Topic 4: Financial Analysis. Application of fundamental analysis and valuation techniques. Finance 377 (Topic 3) and 377 (Topic 4) may not both be counted. Additional prerequisite: Consent of instructor.

377L. Portfolio Analysis and Management.
Quantitative applications and the underlying theory in the analysis and management of securities and portfolios; designed for students with career goals in investment. Prerequisite: Finance 357 with a grade of at least C.

Real Estate: R E

Upper-Division Courses

358. Introduction to Real Estate and Urban Land Development.
Principles of real estate and urban land economics, including an examination of investment, valuation, financing, and public policy in real estate and mortgage markets. Prerequisite: Sixty semester hours of college coursework, and Economics 304K (or 303) and 304L (or 302).

376G. Real Estate Appraisal and Investment.
Study of the setting and measurement of property values in real estate markets and an analysis of real estate assets as investments. Prerequisite: Admission to a business major.

378K. Real Estate Finance and Syndication.
Debt and equity financing of residential and commercial properties; mortgage markets and instruments; lender and investor decisions in real estate financing. Prerequisite: Admission to a business major.

Related Course

Legal Environment of Business 363. Real Estate Law.

Department of Management

Unless otherwise stated in the description below, each class meets for three lecture hours a week for one semester.

Management: MAN

Upper-Division Courses

320F. Foundations of Organizational Behavior and Administration.
An introduction to the management of organizations. Issues are addressed from the perspectives of strategy and planning, organizational behavior, and operations management. May not be counted toward the Bachelor of Business Administration degree. Prerequisite: Upper-division standing.

325. Personnel/Human Resources Management.
Overview of the personnel function, covering recruitment, compensation, equal employment, job analysis, training, benefits, employee discipline, collective bargaining, safety, and health. Prerequisite: Management 335 or 336.

335. Operations Management.
The operations or production function and the skills required for analyzing and solving related problems. Management 335 and 335H may not both be counted. Prerequisite: Statistics 309, credit or registration for Management Information Systems 324, and admission to a business major.

335H. Operations Management: Honors.
The operations or production function and the skills required for analyzing and solving related problems. Management 335 and 335H may not both be counted. Prerequisite: Admission to the College of Business Administration Honors Program, Accounting 312H, and credit or registration for Management Information Systems 324H and Management Science 371H.

336. Organizational Behavior and Administration.
The process of managing organizations and the behavior of individuals and groups within the organizational setting. Management 336 and 336H may not both be counted. Prerequisite: Three semester hours of coursework in psychology or sociology, credit or registration for Management Information Systems 324, and admission to a business major.

336H. Organizational Behavior and Administration: Honors.
The process of managing organizations and the behavior of individuals and groups within the organizational setting. Management 336 and 336H may not both be counted. Prerequisite: Admission to the College of Business Administration Honors Program; forty-five semester hours of college coursework, including three hours in psychology or sociology; and credit or registration for Management Information Systems 324H.

337. Special Topics in Management.
Analysis of contemporary management problems. Three lecture hours or two lecture hours and one laboratory/discussion hour a week for one semester. May be repeated for credit when the topics vary. Some sections are offered on the letter-grade basis only; these are identified in the Course Schedule. Prerequisite: Varies with the topic and is given in the Course Schedule.

Topic 1: Entrepreneurship and New Ventures. Three lecture hours a week for one semester. Prerequisite: Management 335 or 336, with a grade of at least C, or Management 335 and 336 with a grade of at least C in each; and Accounting 311 and 312 or consent of instructor.

Topic 9: Leadership Issues. Three lecture hours a week for one semester. Prerequisite: Management 335 or 336, with a grade of at least C; or Management 335 and 336 with a grade of at least C in each.

Topic 11: Management of Cultural Differences. Same as Middle Eastern Studies 322K (Topic 6: Management of Cultural Differences). Three lecture hours a week for one semester. Prerequisite: Management 335 or 336, with a grade of at least C; or Management 335 and 336 with a grade of at least C in each.

Topic 12: Business, Ethics, and Public Policy. Issues that are relevant to the organization of business and industry and the distribution of power in society; topics include the role of industry; concepts of profit, property, and moral responsibility. Three lecture hours or two lecture hours and one laboratory/discussion hour a week for one semester. Prerequisite: For business majors, Management 335 or 336, with a grade of at least C; or Management 335 and 336 with a grade of at least C in each; for others, upper-division standing or consent of instructor or the undergraduate adviser.

Topic 14: Total Quality Management. Three lecture hours a week for one semester. Prerequisite: Management 335 or 336, with a grade of at least C; or Management 335 and 336 with a grade of at least C in each.

Topic 15: Government in the Business Environment. Same as Government 370L (Topic 4: Government in the Business Environment). Three lecture hours a week for one semester. Prerequisite: Management 335 or 336, with a grade of at least C; or Management 335 and 336 with a grade of at least C in each.

Topic 16: Sociology of Entrepreneurship. Same as African and African American Studies 358C and Sociology 358C. Three lecture hours a week for one semester. Only one of the following may be counted: African and African American Studies 374 (Topic: Sociology of Entrepreneurship), Management 337 (Topic 16), Sociology 321K (Topic: Sociology of Entrepreneurship). Prerequisite: For business majors, Management 335 or 336, with a grade of at least C, or Management 335 and 336 with a grade of at least C in each; for others, none.

364. Personnel Field Practice.
Practicum involving work in public/private sector enterprises. Prerequisite: Management 336.

366P. Management Practicum.
Restricted to business majors. Students apply skills in their major area and focus on additional project management skills through group projects conducted in a professional setting. Students may work with a private or a public enterprise. The equivalent of three lecture hours a week for one semester. Prerequisite: Eighteen semester hours of business coursework, at least six of which must be upper-division, and consent of instructor and the department.

367. Manufacturing Technology Management.
Management of manufacturing process technology in international competition. Prerequisite: Management 335.

368. Advanced Operations Management.
Analysis of advanced economic problems of production; concepts of scheduling and inventory control; models of production systems. Management 368 and Mechanical Engineering 375K may not both be counted. Prerequisite: Management 335.

374. Managerial Policy and Strategy.
The integration of human and technical systems in organizations; analysis and evaluation of organizational decision making and performance; development of strategy through a personal computer-based business simulation. Prerequisite: Ninety semester hours of college coursework, Finance 357, Management 335 or 336, and credit or registration for Legal Environment of Business 323 and Marketing 337.



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Undergraduate catalog

Contents  |  Chapter 1  |  Chapter 2  |  Chapter 3  |  Chapter 4
Chapter 5  |  Chapter 6  |  Chapter 7  |  Chapter 8  |  Chapter 9
Chapter 10  |  Chapter 11  |  Chapter 12  |  Chapter 13
Texas Common Course Numbering System (Appendix A)
Appendix B


Related information

Catalogs  |  Course Schedules  |  Academic Calendars
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Office of the Registrar
University of Texas at Austin

11 September 1998. Registrar's Web Team
Comments to rgcat@utxdp.dp.utexas.edu