Associate's Business (AB)

AB102: Principles of Retailing

This course provides an overview of the retail industry and explores significant developments in the retailing field such as consolidation, multichannel offerings, centralization, and globalization. Students will examine the key retail decision variables (location, merchandise management, pricing, communications, store design, customer service, and store management), and explore the principles and practices of successful retail management through contemporary examples. Students will also observe a variety of management theories applied in a retail context.

Quarter Credit Hours: 5 | Prerequisite: CM107

AB102M1: Introduction to Retailing

Describe retailing in the 21st century.

Quarter Credit Hours: 1 | Prerequisite: CM107

AB102M2: Retail Business Environment

Discuss the business environment and its impact on retailing.

Quarter Credit Hours: 1 | Prerequisite: CM107

AB102M3: Retail Business Structure

Identify various organizational retail structures.

Quarter Credit Hours: 1 | Prerequisite: CM107

AB102M4: Retail in Practice

Discuss retail management practices and strategies.

Quarter Credit Hours: 1 | Prerequisite: CM107

AB102M5: Law and Ethics in Retail

Identify ethical and legal issues in retailing.

Quarter Credit Hours: 1 | Prerequisite: CM107

AB104: Personal Financial Management

This course examines and applies financial decision-making techniques to everyday life. You will be exposed to the importance of good financial planning. It will emphasize the importance of setting goals, creating financial statements, preparing budgets, and planning for college, retirement, and your estate planning. The course will also introduce you to careers that are available within the financial services industry.

Quarter Credit Hours: 5 | Prerequisite: None

AB113: Accounting for Nonaccounting Majors

This course emphasizes the use of accounting by managers in a business environment. Topics covered include accounting concepts, internal control, current assets, noncurrent assets, liabilities, and equity. The course is specifically designed for nonaccounting majors, and emphasis is placed on accounting areas affecting business owners and managers.

Quarter Credit Hours: 5 | Prerequisite: None

AB113M1: Accounting in Business

Explain the role of accounting systems in business.

Quarter Credit Hours: 1 | Prerequisite: None

AB113M2: Purpose of Financial Statements

Analyze the components of the general purpose financial statements.

Quarter Credit Hours: 1 | Prerequisite: None

AB113M3: Importance of Internal Controls

Discuss the impact of the Sarbanes-Oxley Act on internal controls.

Quarter Credit Hours: 1 | Prerequisite: None

AB113M4: Asset Management

Relate company performance to asset management.

Quarter Credit Hours: 1 | Prerequisite: None

AB113M5: Liabilities and Equity

Explain financial statement reporting of liabilities and stockholder's equity.

Quarter Credit Hours: 1 | Prerequisite: None

AB114: Accounting I

This course reviews the complete accounting cycle and the creation and management of accounting information for business entities. Particular emphasis will be placed on the fundamental principles and skills of the accounting profession, including recording of transactions, financial presentation of accounting data, and the uses of accounting information.

Quarter Credit Hours: 5 | Prerequisite: None

AB114M1: Practicality of Accounting Information

Show the purpose and the usage of accounting information.

Quarter Credit Hours: 1 | Prerequisite: None

AB114M2: Preparing a Journal

Prepare journal entries using the accrual basis of accounting.

Quarter Credit Hours: 1 | Prerequisite: None

AB114M3: Accounting Cycle Preparation

Apply the steps of the accounting cycle.

Quarter Credit Hours: 1 | Prerequisite: None

AB114M4: Financial Statement Preparation

Prepare general purpose financial statements.

Quarter Credit Hours: 1 | Prerequisite: None

AB114M5: Merchandise Accounting

Illustrate accounting for inventories and merchandise transactions.

Quarter Credit Hours: 1 | Prerequisite: None

AB116: Accounting II

This course continues the study of accounting principles by further exploring the assets, liabilities, and stockholders' equity sections of a corporation's balance sheet. This course continues to lead you to accounting mastery using an integrated learning system. This course provides further understanding of what accounting is all about and accounting's evolving role in business.

Quarter Credit Hours: 5 | Prerequisite: AB114

AB117: Global Hospitality

In this course, aspiring managers learn about the many global opportunities available in the hospitality industry. Highlights include examination of hospitality and tourism industry careers. Students gain a better understanding of the organization and structures of hotels and restaurants from a management perspective, including franchising and management contracts, business ethics, human resources, and marketing. Through analysis, students appreciate both the management and customer service viewpoints concerned with global hospitality venues.

Quarter Credit Hours: 5 | Prerequisite: None

AB122: Payroll Accounting

This course introduces federal laws affecting personnel and payroll records and covers in detail how to process a payroll. Topics covered include the calculation and recording of gross pay and overtime, federal income taxes, social security taxes, and federal and state unemployment taxes. Required federal tax and information returns and deposit rules are also covered.

Quarter Credit Hours: 5 | Prerequisite: AB113 or AB114

AB140: Introduction to Management

This course provides an introductory overview of management theory, management functions, organizational structure, daily management responsibilities, ethics, and current management tools and resources. Theoretical concepts will be illustrated with practical application to real-world management problems and scenarios. Implications for managing change within the context of a global economy and other dynamic environmental forces are also examined.

Quarter Credit Hours: 5 | Prerequisite: None

AB140M1: Solving Management Problems

Describe solutions to management problems.

Quarter Credit Hours: 1 | Prerequisite: None

AB140M2: Management Skills

Explain the four functions of management.

Quarter Credit Hours: 1 | Prerequisite: None

AB140M3: Change Management

Discuss the steps to manage change.

Quarter Credit Hours: 1 | Prerequisite: None

AB140M4: Global Management Skills

Identify the implications of competitiveness and collaboration in a global economy.

Quarter Credit Hours: 1 | Prerequisite: None

AB140M5: Ethics in Management

Discuss the purpose of corporate social responsibility and ethics.

Quarter Credit Hours: 1 | Prerequisite: None

AB202: Building Customer Sales and Loyalty

This course studies the use of the following promotional tools and their applications: advertising, sales promotions, events, and loyalty and frequency shopper programs. It looks at the application of these tools to increase customer market share. This course examines the effect that consumer behavior and customer management have on brand image and loyalty.

Quarter Credit Hours: 5 | Prerequisite: CM107

AB202M1: Brand Loyalty

Apply brand characteristics for a new product.

Quarter Credit Hours: 1 | Prerequisite: None

AB202M2: Advertising Management

Describe the five segment criteria for a B2B product.

Quarter Credit Hours: 1 | Prerequisite: CM107

AB202M3: The Advertising Campaign

Prepare a creative brief for an advertising campaign.

Quarter Credit Hours: 1 | Prerequisite: CM107

AB202M4: Enhancing Sales

Prepare a social media campaign to enhance sales.

Quarter Credit Hours: 1 | Prerequisite: CM107

AB202M5: Promotional Tools for Customer Loyalty

Recommend promotional tools to encourage customer loyalty.

Quarter Credit Hours: 1 | Prerequisite: CM107

AB203: Human Resource Management

In this course, students will examine the processes involved in human resources from a managerial perspective. Students will examine the functions of human resource management, including job analysis, staffing, performance appraisal, training and development, compensation, labor relations, and legal requirements.

Quarter Credit Hours: 5 | Prerequisite: None

AB203M1: Employment Laws

Identify the laws of employment practices that managers follow.

Quarter Credit Hours: 1 | Prerequisite: None

AB203M2: Recruiting and Selecting Employees

Examine the recruitment and selection process.

Quarter Credit Hours: 1 | Prerequisite: None

AB203M3: Linking Compensation to Strategy

Explain how companies link compensation and evaluation to organizational objectives.

Quarter Credit Hours: 1 | Prerequisite: None

AB203M4: Performance Training

Describe training methods for improving employee performance.

Quarter Credit Hours: 1 | Prerequisite: None

AB203M5: Cultural Literacy

Apply cultural literacy in personal and professional environments.

Quarter Credit Hours: 1 | Prerequisite: None

AB204: Macroeconomics

Macroeconomics involves the theory, principles, and practices of economics that affect the national economy as a whole. Topics covered in this course include national income determination, economic growth, aggregate demand, aggregate supply, unemployment, inflation, the Federal Reserve system, monetary policy, fiscal policy, and global economies.

Quarter Credit Hours: 5 | Prerequisite: AB224

AB206: Hotel Management and Operations

A hotel management and departmental perspective on daily operations addressing the optimal guest experience is emphasized in this introductory course. The interactions between functional areas of the hotel are examined to assist management in realizing the property's goals. Topics include problem solving and leadership skills, revenue management, technology, and team-building skills.

Quarter Credit Hours: 5 | Prerequisite: AB117 or permission from the Department Chair

AB207: Starting a Business

This course will introduce students to the world of entrepreneurship and their role in small business. There will be an emphasis on building a business which will include the elements of entrepreneurship, management, marketing, and finance. The Internet will be used as a resource and many real-life cases will be studied.

Quarter Credit Hours: 5 | Prerequisite: None

AB209: Small Business Management

In this course, students will enhance problem-solving skills and develop a practical understanding of small business management principles.

Quarter Credit Hours: 5 | Prerequisite: AB140

AB209M1: Legal Forms of Business

Describe the legal entity and stakeholder obligations of a small business.

Quarter Credit Hours: 1 | Prerequisite: AB140

AB209M2: Small Business Human Resources

Analyze the employment process for a small business.

Quarter Credit Hours: 1 | Prerequisite: AB140

AB209M3: Small Business Operational Practices

Examine small business operational processes.

Quarter Credit Hours: 1 | Prerequisite: AB140

AB209M4: Creating Competitive Advantage

Apply marketing principles to a small business.

Quarter Credit Hours: 1 | Prerequisite: AB140

AB209M5: Analyzing Financial Statements

Interpret financial statements for a small business.

Quarter Credit Hours: 1 | Prerequisite: AB140

AB213: Food and Beverage Management

This course provides a foundational understanding of food and beverage operations from a management perspective for potential industry professionals. Key topics include commercial and onsite food and beverage service management, regulatory compliance, and food production and service quality and standards.

Quarter Credit Hours: 5 | Prerequisite: None

AB217: Finance

This course covers basic financial concepts, principles, and techniques used in making corporate financial planning decisions. It provides students with the tools necessary for analyzing the time value of money, financial analysis and planning, the capital budgeting process and decisions, and long-term financing, and introduces international capital markets.

Quarter Credit Hours: 5 | Prerequisite: AB113 or AB114, and MM255

AB217M1: Overview - Financial Management

Explain how financial managers use financial calculators, Microsoft Excel, and financial statements to measure the financial performance of a business entity.

Quarter Credit Hours: 1 | Prerequisite: None

AB217M2: Financial Ratios

Analyze financial statement ratios used to measure the financial performance of a business entity.

Quarter Credit Hours: 1 | Prerequisite: None

AB217M3: Basic Time Value of Money Applications

Apply the Time Value of Money (TVM) concept to business decisions.

Quarter Credit Hours: 1 | Prerequisite: None

AB217M4: Time Value of Money

Use the Time Value of Money (TVM) concepts to assess amortization, annuities, and perpetuities.

Quarter Credit Hours: 1 | Prerequisite: None

AB217M5: Stocks and Bonds Valuation

Apply the costs of debt and equity to stock and bond valuation.

Quarter Credit Hours: 1 | Prerequisite: None

AB219: Marketing

This is an introductory course emphasizing key concepts and issues underlying the modern practice of marketing. The use of marketing by an organization and the effects of marketing on society will be examined. Course content includes an overview of the general nature and role of marketing in the global environment, the marketing concept, buyer behavior, target marketing, and the internal environment in which marketing operates. The marketing mix is studied through the four main decision areas of products and services, distribution, promotion, and pricing.

Quarter Credit Hours: 5 | Prerequisite: AB140; AB224 or AB220; and CM220

AB219M1: Marketing Strategy

Summarize the basic components of a marketing strategy.

Quarter Credit Hours: 1 | Prerequisite: None

AB219M2: Global Interconnectedness

Examine global interconnectedness as it applies to marketing.

Quarter Credit Hours: 1 | Prerequisite: None

AB219M3: Target Marketing

Discuss antecedents of target marketing in a case scenario.

Quarter Credit Hours: 1 | Prerequisite: None

AB219M4: Product and Channel Strategy

Apply product and place marketing mix elements to a product or service.

Quarter Credit Hours: 1 | Prerequisite: None

AB219M5: Price and Promotion Strategy

Apply promotion and price marketing mix elements to a product or service.

Quarter Credit Hours: 1 | Prerequisite: None

AB220: Global Business

This course gives students an overview of global business. Students receive an introduction to the differences in political, economic, legal, and cultural systems across different nations and the risks and opportunities these represent to a global and international business. This course serves as an introduction to the factors involved in making strategic and ethical decisions in a global business environment. Hypothetical case scenarios are used to illustrate the reality of doing business globally.

Quarter Credit Hours: 5 | Prerequisite: AB140

AB221: Customer Service

In this course, students will learn how companies can develop customer loyalty and address personalized customer needs. Students will apply concepts learned to real-world scenarios and learn how to recapture previous customers and acquire new ones through effective relationship-building strategies. Online communication tools and call center strategies will also be examined.

Quarter Credit Hours: 5 | Prerequisite: CM107

AB223: Convention Sales and Services

This course introduces future hospitality managers to convention and tradeshow management. This overview of the functions of operations, sales, and services allows students to apply industry best practices to solve real-world issues. Students receive an inside look at how the sales, marketing, and service effort is organized and how to manage the group meetings business in hotels and convention centers.

Quarter Credit Hours: 5 | Prerequisite: None

AB224: Microeconomics

Microeconomics is an introduction to economic principles that influence decisions of individual consumers and business managers. You will examine how the law of supply and demand is reflected in pricing and quantity decisions in a variety of market situations. Close attention will be paid to how a firm's cost structure affects decisions regarding how much to produce, given a price in a perfectly competitive market situation, compared to pricing and quantity decisions in other market structures. Consideration will be given to how individuals' concepts of cost versus benefit enter into their buying decisions. The impact of governmental attempts to modify market outcomes will be a special focus of the course.

Quarter Credit Hours: 5 | Prerequisite: CM220, MM255, and one of the following: AB113, AC113, AB114, or AC114

AB230: Foundations of Conference and Event Planning

In this course, important elements of planning, organizing, and managing conferences and events are examined. Recommended planning steps involved in the execution and management of professional conferences and events are applied to real-world scenarios. Through analysis of marketing and management concepts, budgeting best practices, and operational considerations, the skill sets necessary to become an effective practitioner in this field are reviewed to provide an initial foundation for future hospitality professionals.

Quarter Credit Hours: 5 | Prerequisite: None

AB239: Managerial Accounting

This course emphasizes the way in which accounting information can be used to aid management in planning and controlling business activities. Topics covered include financial statement analysis, job order cost systems, cost-volume-profit analysis, budgeting, performance evaluation using standard costs, differential analysis, and product pricing.

Quarter Credit Hours: 5 | Prerequisite: AB116 and MM255

AB256: Federal Tax

This course introduces you to the procedures to interpret tax information on an individual federal tax basis. Basic concepts in federal income taxation are explored, including gross income, exclusions, adjusted gross income, deductions, exemptions, and credits. Introductory tax concepts, including cash and accrual methods, like-kind exchanges, and passive loss rules are covered.

Quarter Credit Hours: 5 | Prerequisite: AB116 and MM255

AB256M1: Calculate Individual Taxable Income Using Tax Formula

Calculate an individual's taxable income using the tax formula.

Quarter Credit Hours: 1 | Prerequisite: AB116 and MM255

AB256M2: Determine What Is Gross Income

Identify which items must be included or excluded from gross income.

Quarter Credit Hours: 1 | Prerequisite: AB116 and MM255

AB256M3: Calculate Individual Taxable Income Using Tax Table

Use tax tables to calculate an individual's income tax.

Quarter Credit Hours: 1 | Prerequisite: AB116 and MM255

AB256M4: Prepare Individual Tax Return

Prepare an Individual Tax Return.

Quarter Credit Hours: 1 | Prerequisite: AB116 and MM255

AB256M5: Advise on Income Tax Treatment and Planning

Recommend the appropriate income tax treatment for various scenarios.

Quarter Credit Hours: 1 | Prerequisite: AB116 and MM255

AB270: Advanced Meeting Planning

In this course, you will learn the essential planning and organizing strategies needed for successful meeting, event, and conference creation. Resources, contingency planning, and problem solving will be emphasized. Ethical, environmental, and diversity concerns involved in designing, coordinating, and planning professional meetings, conferences, and events will also be addressed.

Quarter Credit Hours: 5 | Prerequisite: AB230

AB290: Associate's Internship in Management

This course will provide you with practical work experience in a real-world environment. You will arrange an onsite internship working as a professional for a cooperating employer or a virtual internship with a Kaplan University participating organization. Both the onsite internship and virtual internship environments will provide practical, real-world experiences and mentoring from experienced professionals. This experience will help you develop professional competencies that are desirable in the career marketplace. Internships must be preapproved by the Dean prior to the start of the term.

Quarter Credit Hours: 5 | Prerequisite: Must be taken in final term or have approval of the Dean

AB297: Associate's Capstone in Small Group Management

This capstone course builds on the concepts of all the courses taken within the Associate of Applied Science in Small Group Management and provides students with an opportunity to integrate their previous coursework in a meaningful review of their learning and to assess their level of mastery of the stated outcomes of their degree program.

Quarter Credit Hours: 5 | Prerequisite: Capstone course must be taken in final term or have approval of the Dean

AB298: Associate's Capstone in Accounting

This capstone course builds on the concepts of all the courses taken within the Associate of Applied Science in Accounting and provides students with an opportunity to integrate their previous coursework in a meaningful review of their learning and to assess their level of mastery of the stated outcomes of their degree program.

Quarter Credit Hours: 5 | Prerequisite: Capstone course must be taken in final term or have approval of the Dean

AB299: Associate's Capstone in Management

This capstone course builds on the concepts of all the courses taken within the Associate of Applied Science in Business Administration and provides students with an opportunity to integrate their previous coursework in a meaningful review of their learning and to assess their level of mastery of the stated outcomes of their degree program.

Quarter Credit Hours: 5 | Prerequisite: Capstone course must be taken in final term or have approval of the Dean