Catalogue 1999-2000Colby Home

Administrative Science

Chair, PROFESSOR RANDY NELSON
Professors Nelson1 and Leonard Reich2; Associate Professor Batya Friedman3; Visiting Professor George Miaoulis4; Visiting Associate Professor Elizabeth Turesky4; Visiting Assistant Professors William Lee5 and Barry Farber6

1Joint appointment in administrative science and economics.
2Joint appointment in administrative science and science, technology, and society.
3Joint appointment in administrative science and computer science.
4Part time, first semester only.
5Part time, second semester only.
6Part time.

The program in administrative science is devoted to the study of organizations in American society. In today's climate of intense domestic and international competition it is important to approach organizational problems with rigor, ethical responsibility, historical perspective, and imagination. Students wishing to explore management from a variety of perspectives may choose the administrative science minor.

Requirements for the Minor in Administrative Science
Administrative Science 212, 221, 311; Economics 133, 134; and two courses chosen from Economics 331, Mathematics 112 or 231, or other courses in administrative science.

Students intending to minor in administrative science should normally take Administrative Science 212 no later than their junior year.

Successful completion of the minor requires a 2.0 average for all requirements above. None of the required courses may be taken satisfactory/unsatisfactory.

Course Offerings

212f Issues in Management A broad perspective on the field of administrative science is provided through consideration of the ethical, financial, interpersonal, organizational, economic, and legal issues that managers face. Emphasis is placed on competitiveness issues. Based on text, readings, and lectures. Enrollment limited. Four credit hours. S. MS. TURESKY

221fs Financial Accounting The underlying theory and analytical aspects of the measurement, recording, and reporting of a firm's financial information to external users. Emphasis is on the conceptual and communication aspects of the financial accounting model in modern society--its relationship to law, economics, and social policy. Three credit hours. MR. FARBER

250f Industry, Technology, and Society, 1750-1915 Listed as Science, Technology, and Society 250 and cross-listed as History 242 (q.v.). Enrollment limited. Four credit hours. H. MR. REICH

251s Industry, Technology, and Society in the 20th Century Listed as Science, Technology, and Society 251 and cross-listed as History 243 (q.v.). Enrollment limited. Four credit hours. H. MR. REICH

[279] Organizational and Group Dynamics Introduction to research, theories, and their practical applications in understanding human behavior at work; the individual, the group, and the organization. The course integrates readings, lectures, case studies, and experiential learning methodology. Three credit hours. S.

311f Corporate Finance I An introduction to financial markets, institutions, and instruments. The tools needed for discounted cash flow analysis, asset valuation, and capital budgeting are developed. The effects of diversification on risk and the relationship between risk and return are also considered. Four credit hours. MR. NELSON

322s Corporate Finance II An examination of (i) the issues firms face in obtaining long-term financing and establishing a dividend policy, (ii) the effects of capital structure on the cost of capital and the value of the firm, (iii) international corporate finance, and (iv) the use of financial derivatives, including options, to manage financial risk. Prerequisite: Administrative Science 311. Four credit hours. MR. NELSON

333f Marketing in America Understanding of marketing as a pervasive organizational function. Emphasis is on the processes by which organizations make product, service, and social marketing decisions and on the societal consequences of those decisions. Prerequisite: Administrative Science 212. Three or four credit hours. MR. MIAOULIS

335f Strategic Planning in Business An analysis of the interrelationships between management, marketing, and strategic planning in the business sector. Prerequisite: Administrative Science 212. Three or four credit hours. MR. MIAOULIS

[336] Business Strategy and Ethics Relationships between the private sector and the changing American political economy. Issues include internal and external environments of organizations, business- and corporate-level strategies, corporate governance, international competition, and the relationship of ethics to effective corporate strategies. Prerequisite: Economics 133, 134, Administrative Science 212. Four credit hours.

354s Law in American Society The course is designed to provide an understanding of the law and its application to individuals, groups, and organizations. The origin and purpose of law, legal research, contracts, criminal law, torts, and administrative law; emphasis on class participation through discussions, debate, and mock trials. Four credit hours. S. MR. LEE

[371] Organizational Computing How does computer technology support, hinder, and transform human activity? At the core of this analysis is an understanding of human and computational decision making. Consideration of diverse situations that involve computer technology: management and work, communication, crime prevention, banking and credit, air traffic control, medicine, and national defense. Enrollment limited. Prerequisite: Administrative Science 212. Four credit hours.

391fs Analytic Research Paper Prerequisite: Permission of the instructor. One to three credit hours. FACULTY

491f, 492s Independent Study Individual projects devoted to organizational issues in which the student has demonstrated the interest and competence necessary for independent work. Prerequisite: Permission of the instructor. One to four credit hours. FACULTY


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