Pre-Business

Pre-Business Courses

The faculty provides guidance for students who wish to pursue a graduate degree in business by outlining appropriate courses to take while an undergraduate at Sewanee. These include a two-semester accounting sequence, microeconomic theory, money and banking, financial markets, industrial psychology, business ethics, and several math and statistics courses.

In addition to appropriate coursework, employers and graduate schools both consider leadership skills crucial in applicants. Students at Sewanee are afforded many opportunities to develop and sharpen leadership skills through athletics, outreach programs, dorm staff, and many other extracurricular programs.

We encourage students who wish to use their courses at Sewanee to prepare for a career in business to do so. The list of courses below provides a good overview of courses relevant to the business world.

The Tonya Internship Program provides an excellent opportunity for students to gain first-hand experience in business. Any student considering a career in business ought to apply.

Accounting Courses

Econ 215. Fundamentals of Financial Accounting
The instructional objective is to provide students with an understanding of the concepts that are fundamental to the use of accounting. A decision-making approach is employed which involves critical evaluation and analysis of information presented. Important analytical tools are integrated throughout the course. (Credit, full course.) Heinemann

Econ 216. Fundamentals of Managerial Accounting
The course focuses on the internal use of accounting information in the formulation of management decisions. Students learn how financial systems can add value to a company. Different costing systems, budgetary planning, and incremental analysis are among the course contents. A field trip is included. Prerequisite: Economics 215. (Credit, full course.) Heinemann

Economics Courses

Econ 101. Introduction to Economics
Explores essential concepts for understanding modern economic activity and economic issues involving public policy. (Credit, full course.) Staff

Econ 301. Money and Banking
A study of the American monetary and banking systems, with particular attention to commercial banking, the Federal Reserve System, monetary theory, and monetary policy. (Credit, full course.) Staff

Econ 302. Economics of Financial Markets
This course examines the economics of financial markets, with a focus on stock and security markets. Emphasis is on the economic theory and concepts that underlie financial markets and corporate finance. Topics include the capital budgeting decision of firms, asset pricing models, portfolio theory, efficient markets theory, security analysis and financial derivatives, including forward markets, future markets and options. Prerequisite: Economics 101. (Credit, full course.) Williams

Econ 305. Microeconomic Theory
Studies the behavior of consumers, firms, and industries, and the conditions of equilibrium in output/input markets and in the economy as a whole. (Credit, full course.) Gottfried

Econ 306. Macroeconomic Theory
The theory of economic growth, employment, and the price level. (Credit, full course.) Mohiuddin

Econ 315. Industrial Organization and Public Policy
Discusses the economic performance of firms and industries; the importance of industrial structure in determining performance; the problem of monopoly, business behavior, and performance; public policies to promote competition; and public regulation. (Credit, full course.) Staff

Econ 316. Public Policies toward Business
The nature and effects of U.S. governmental policies on the business sector focuses on theoretical and empirical analyses of antitrust, public utility regulation, environmental controls, consumer protection, and labor relations. (Credit, full course.) Ingles

Econ 333. Econometrics
This course introduces economic research methods and requires development of an individual research effort. Econometric (quantitative) analysis is also introduced and applied with the use of econometric software. Prerequisites: Economics 101 and either Math 204 or Econ 201. (Credit, full course.) Staff

Econ 337. International Economics
Presents historical, institutional, and theoretical study of international trade, finance, and the international monetary system. The position of the United States in the world economy is examined. International economic institutions, such as the International Monetary Fund, are analyzed. Attention is given to current developments and problems. (Credit, full course.) Staff

Other Courses

Math 204. Elementary Statistics
An introduction to statistics covering these topics: probability, binomial and normal distributions, mean, median, variance, standard deviation, the distinction between sample and population, t-distribution, hypothesis testing, confidence intervals, and linear regression. Not open for credit with Economics 201. Does not satisfy college mathematics requirement. (Credit, full course.) Staff

Phil 232. Marketplace Morality: Issues in Business Ethics
An examination of the moral dimensions of business activity, especially within the context of a democratic society. Topics may include social and economic justice, the nature of corporations, corporate accountability, social responsibility, the morality of hiring and firing, employee rights and duties, advertising, product safety, obligations to the environment, and international business. (Credit, full course.) Garland

Psych 206. Industrial Psychology
Explores the application of psychological theories and research to business and industry. Studies how human abilities (visual, auditory, tactile, physical strength) are used in planning for equipment and procedures that optimize man/machine interactions in a technological society; employee selection, training, and motivation; corporate culture; consumer behavior. Prerequisite: 107 or 108 or junior standing. (Credit, full course.) Peyser