Bulletin

GRADUATE SCHOOL OF BUSINESS

2010-2011 Academic Bulletin

GRADUATE SCHOOL OF BUSINESS

2010-2011 Academic Bulletin

Graduate School of BuSineSS Fordham University 113 West 60th Street, New York, NY 10023 admiSSionS Telephone: (212) 636-6200 Fax: (212) 636-7076 E-mail: [email protected] academic adviSement Telephone: (212) 636-6104 Fax: (212) 636-7144 E-mail: [email protected] faculty ServiceS Telephone: (212) 636-6150 Fax: (212) 765-5573 Website: www.bnet.fordham.edu

imPortant notice Students are ultimately responsible for knowing and observing all regulations that may affect their status in the Graduate School of Business. For this reason they are expected to acquaint themselves with the contents of this bulletin and to read regularly the notices posted on the appropriate bulletin boards. Fordham Universitys seal, above, contains the University motto: Sapientia et Doctrina Wisdom and Learning. Issued at Fordham University, Lincoln Center, NY 10023

Table of conTenTsfordham univerSity fordham Graduate School of BuSineSS 3 5 laW and ethicS entrePreneurShiP StudieS SPecial academic ProGramS, PartnerShiPS and centerS Executive MBA Program Cohort Program The Deming Scholars MBA Pre-MBA Program Joint JD/MBA Program BS/MS Program BS/MBA Program MBA Consulting Program Global Professional MBA Beijing International MBA Gateway Program ESADE Program MBA/Master in Global Management, Thunderbird Partnership Co-op Program with the Fordham School of Law International Business and Finance Certificate Center for Communications The Donald McGannon Communication Research Center The Frank J. Petrilli Center for Research in International Finance Trans-Atlantic Finance Institute certificate ProGramS faculty Full-Time Adjunct facilitieS and ServiceS admiSSionS and enrollment manaGement tuition and feeS Financial Aid Loans Scholarships career manaGement and academic adviSement Student life Policies and Procedures aWardS and honorS directorieS Lincoln Center Westchester Campus of Fordham University academic calendar 2010-2011 47 48 49 49 49 50 50 50 51 51 51 51 52 52 52 53 53 53 54 54 54 54 55 57 57 64 68 71 73 73 73 75 76 77 77 82 83 83 83 84

mBa ProGram of Study Requirements for Completion Areas of Concentration Dual Concentration Academic Designations Waivers Graduate Tutorials

8 8 8 8 8 11 12

mBa concentrationS Accounting and Taxation MBA in Public Accounting MS in Taxation MBA in Public Accounting and MS in Taxation (MTA) MBA in Accounting MS in Accounting Communications and Media Management MBA in Communications and Media Management MS in Communications and Media Management Finance and Business Economics MBA in Finance MS in Quantitative Finance Information Systems MBA in Information Systems MS in Information Systems Joint MBA and MSIS Management Systems MBA in Management Systems Marketing MBA in Marketing

13 13 14 14 15 16 21 21 22 26 26 32 35 35 36 37 40 40 44 44

2 fordham univerSity Graduate School of BuSineSS

fordham UniversiTyFordham University is a private educational institution for men and women governed by an independent board of trustees under a charter granted in 1846 by the New York State Legislature. Since 1841, when Fordham was founded as a Catholic seminary, it has provided education in liberal arts and selected professional areas at both the undergraduate and graduate levels. Today, the University has 11 schools and more than 15,000 students enrolled at three campuses. The Rose Hill campus is situated on 89 acres of a former country estate in the Bronx, 12 miles north of Manhattan. Rose Hill is home to: Fordham College at Rose Hill Fordham College of Business Fordham College of Liberal Studies Fordham Graduate School of Arts and Sciences Fordham Graduate School of Religion and Religious Education Fordhams Lincoln Center Campus is located adjacent to the worldrenowned performing arts complex in New York City. Six schools are located at Lincoln Center: Fordham College of Liberal Studies Fordham College at Lincoln Center Fordham School of Law Fordham Graduate School of Business Fordham Graduate School of Education Fordham Graduate School of Social Service Fordhams suburban campus in Westchester, New York, also conducts classes for the following schools: Fordham Graduate School of Business Fordham Graduate School of Education Fordham Graduate School of Social Service Fordham College of Liberal Studies FoRDHAM AND THE JESUIT TRADITIoN Fordham is known as The Jesuit University of New York City because members of the Society of Jesus have been teaching here from its earliest days. The Jesuits have a 450-year history of excellence in education that recognizes the importance of the individuals moral responsibility. The Jesuit tradition of teaching seeks to stretch the imagination of students, as well as to sharpen their intelligence, to help them confront the question of what should be, while at the same time learning to extend the boundaries of what can be. ACCREDITATIoNS AND ACADEMIC AFFILIATIoNS The Graduate School of Business shares in the numerous accreditations and affiliations of Fordham University, which is also a member of the Middle States Association of Colleges and is registered by the Board of Regents of the State of New York. The University is a cooperating institution of the American School of Classical Studies at Athens and is a contributing institution to the American Academy in Rome. The Graduate School of Business degrees are accredited by the AACSB International, The Association to Advance Collegiate Schools of Business. The AACSB is recognized by the Council on Postsecondary Accreditation and by the office of Postsecondary Education, U.S. Department of Education, as the sole accrediting agency for baccalaureate and Master degree programs in business administration and accounting. Less than one third of U.S. business schools and less than 10 percent of business schools worldwide meet the high standards of AACSB International. NoNDISCRIMINATIoN AND AFFIRMATIvE ACTIoN PoLICIES Fordham University is an academic institution that in compliance with Federal, state and local laws, does not discriminate on the basis of race, color, creed, religion, age, sex, gender, national origin, marital or parental status, sexual orientation, citizenship status, veteran status, disability or any other basis prohibited by law. No otherwise qualified person shall be discriminated against in any programs or activities of the University because of disability. Likewise, no person shall be discriminated against on the basis of sex. A compliance officer is available to address any complaints alleging discrimination. Georgina Arendacs, PhD, may be contacted at the office of Legal Counsel, Rose Hill Campus, Administration Building, Room 111, (718) 817-3112. Fordham University does not knowingly support or patronize any organization that engages in discrimination. The University continues its commitment to affirmative action by providing the means to recruit, employ and promote women and other under-represented minorities in the interest of attaining workplace diversity. The Director of Equity and Equal opportunity is available to all members of the Fordham community for consultation, training, and development of those methods and initiatives that advance a more diversified workforce, and ensure nondiscrimination, access to equal employment opportunities and fair treatment of individuals. It is the responsibility of the Director of Equity and Equal opportunity to monitor and report regularly on the Universitys efforts to achieve diversity and compliance with all laws pertaining to non-discrimination. In addition, the Director of Equity and Equal opportunity is a designated contact person for complaints alleging workplace discrimination, including complaints of sexual harassment. SExUAL HARASSMENT Sexual harassment will not be tolerated in the University community. It subverts the mission of the University and threatens the well-being, educational experiences and careers of students, faculty and staff. Any member of the faculty, staff or student body of the University who believes that s(he) has been or is being subjected to sexual harassment is urged to use resolution procedures. The full sexual harassment policy is available for review in the office of the Associate Dean for Student Services.


FoRDHAM UNIvERSITY

officers of fordham UniversiTyofficerS of adminiStration Joseph M. McShane, S.J., PhD President Stephen Freedman, PhD Provost John J. Lordan, MBA, MPA, CPA Senior Vice President, Chief Financial Officer and Treasurer Msgr. Joseph G. Quinn, JD, JCL Vice President for Mission and Ministry Brian J. Byrne, PhD * Vice President for Lincoln Center Roger A. Milici, Jr., BA, MA Interim Vice President for Development and University Relations Thomas A. Dunne, JD Vice President for Administration Jeffrey L. Gray, MSA Vice President for Student Affairs Frank Simio, BS, CPA Vice President for Finance Frank J. Sirianni, PhD Vice President for Information Technology and CIO Peter A. Stace, PhD Vice President for Enrollment Marco A. Valera, BS, MBA Vice President for Facilities Management Margaret T. Ball, JD University Secretary

board of TrUsTeesJohn N. Tognino Chair Mark H. Tuohey III Vice Chair Elizabeth Burns Secretary truSteeS emeriti Robert E. Campbell John R. Costantino Maurice J. Cunniffe George E. Doty William P. Frank Herbert A. Granath Paul B. Guenther J. Kenneth Hickman Joseph A. OHare, S.J. Vincent T. OKeefe, S.J.

* Recipient of the Bene Merenti award for 20 years of service to Fordham University

Lawrence Auriana Stephen E. Bepler Rosemary T. Berkery Kenneth J. Boller, S.J. James E. Buckman Richard J. Buoncore Donna M. Carroll John J. Cecero, S.J. Emanuel Chirico Brian Conboy Robert D. Daleo Carolyn N. Dolan Christine F. Driessen Christopher F. Fitzmaurice Dennis FitzSimons Michael J. Garanzini, S.J. Patricia Heller Peter W. Howe Darlene Luccio Jordan John M. Keane John P. Kehoe V. John Kriss William Loschert T.J. Maloney J. Thomas McClain, S.J. Sylvester McClearn Joseph M. McShane, S.J. (ex officio) Henry S. Miller Robert J. OShea Joseph P. Parkes, S.J. Regina M. Pitaro Hon. Loretta A. Preska Peter John Sacripanti Thomas P. Salice Vincent Viola Lilian Wu

truSteeS felloWS Maureen Scannell Bateman Charles C. Carella Winston J. Churchill Mary Higgins Clark Edwin A. Cohen William J. Flynn Thomas J. Harrington Suzanne D. Jaffe John J. Kirby Gerolo F.L. Klauer Sharon W. Lindsay Robert F. Long John Lyons Raymond V. OBrien Charles Osgood Joel I. Picket Eugene C. Rainis Nicholas A. Romano Dennis Ruppel Robert Shapiro Margaret M. Smyth Paul A. Soden John E. Toffolon Jr. Paul A. Veteri John S. Wilcha Paul G. Williamson


fordham GradUaTe school of bUsinessOur mission is to educate business professionals and equip them to manage effectively in a range of leadership roles. With equal emphasis, we strive to enable our graduates to grow continuously in the changing global environment. To achieve these goals, we take maximum advantage of our extraordinary location and forge links with national and international companies that maintain a corporate presence in New Yorks regional economy. We are committed to: instilling skills necessitated by globalization; ethics in business; understanding the use of technological innovation; lifelong achievement of intellectual excellence; the use of metropolitan New Yorks unique bounty of resources; and humanistic concern for our students. Fordhams Graduate School of Business at Lincoln Center was founded in 1969 in the Jesuit tradition of excellence in education, intellectual vigor and ethical conduct. Embracing those ideals, we are dedicated to being an institution of international distinction. The school offers programs of study leading to the degrees listed below.

ProGramS of Study Master of Business Administration (MBA) (HEGIS 0506) Concentrations in: Accounting Communications and Media Management Finance and Business Economics Information Systems Management Systems Marketing Public Accounting (HEGIS 0502) Taxation and Accounting (MTA Program) (HEGIS 0502.10) Master of Science (MS) Communications and Media Management (HEGIS 0599) Information Systems (HEGIS 0702.00) Taxation (HEGIS 0502.10) Accounting (HEGIS 0502.00) Quantitative Finance (HEGIS 0504.00) Special Programs Executive MBA (HEGIS 0506) Beijing International MBA (HEGIS 0506) Deming Scholars MBA (HEGIS 0506) Global Professional MBA Joint JD/MBA (HEGIS 0506/1401) MBA/MGM Thunderbird Partnership Law and Ethics courses are offered as breadth electives. Additional courses are on page 47 for the Law and Ethics area. Entrepreneurship courses are also offered as breadth electives within the Law and Ethics area. Some are used for the Entrepreneurship academic designation as outlined on pages 9 and 48.

certificate ProGramS In addition to degree-granting programs, Certificate Programs are offered for master graduates who wish to continue their professional education. Below are certificate offerings. See pages 55-56 for more information. Accounting and Taxation (HEGIS 0502.00) Certificate in Accounting Certificate in Accounting and Taxation Certificate in Taxation (HEGIS 0502.10) Communications and Media Management Certificate in Communications and Media Management Finance and Business Economics (HEGIS 0504.00) Certificate in Commercial Banking Certificate in Corporate Treasury Certificate in General Finance Certificate in International Finance Certificate in Securities and Portfolio Management (HEGIS 0505.00) Information Systems (HEGIS 0702.00) Certificate in Information Systems International Business (HEGIS 0513.00) Certificate in International Business Certificate in International Business and Finance Management Systems (HEGIS 0506.00) Certificate in Quality and Systems Design (HEGIS 0507.00) Certificate in Quality and Systems Management Certificate in Strategic Management Marketing (HEGIS 0509.00) Certificate in Advertising Management Certificate in Marketing Management Certificate in Product Management


SPecial ProGramS Fordham Graduate Business offers students with a strong interest in global business four distinct options: they can earn a special International Business Designation in conjunction with their concentration (see page 9); apply to our Global Professional MBA Program, which has been specially designed for students planning careers in international business (see page 51); enroll in Fordhams Executive MBA (EMBA) Program (see page 49); or earn a dual degree with the Thunderbird School of Global Management (see page 53). Designations for students interested in specializing in Electronic Business, Entrepreneurship or Global Sustainability are also available (see pages 9-10). Qualified students may also take courses through our Certificate and Non-Degree Programs (see page 55) or as visiting students (see page 71). Several of the programs offered at Fordhams Graduate School of Business are exceptional in their fields. The first is a rigorous 99-hour program that integrates the subjects of taxation and accounting. Called the MBA in Public Accounting and Master of Science in Taxation (MTA), it is a comprehensive program designed to meet the demand from accounting firms and multinational corporations for broadly educated tax professionals (see page 14). In addition to the MBA in Finance, Fordhams Graduate School of Business offers a Master of Science in Quantitative Finance that equips students with the latest intelligence and problem-solving skills for careers in the global financial services industry (see page 32). Another exceptional program is a special MBA concentration in Communications and Media Management designed for corporate officers in the communications industries (see page 21). Two additional master programs include our Master of Science in Information Systems (see page 36) and our Master of Science in Communications and Media Management (see page 22). For a list of Special Academic Programs see page 49. fordham in neW york city Fordhams Lincoln Center Campus is located in New York City, the nations premier hub of commerce and culture. As the worlds finance center, the city maintains stock exchanges that trade shares of companies collectively worth $11 trillion, more than five times the value of any other citys exchange listings anywhere in the world. New York is also home to more than 100 museums, two world-class opera troupes, four celebrated ballet companies, 42 professional orchestras, and the countrys largest, most vibrant theatrical smorgasbord, as well as 10 professional sports teams and more than 18,000 restaurants.

Full- and part-time students accepted at the Lincoln Center Campus study near Columbus Circle at 113 West 60th Street, which provides easy accessibility from most places of business. It is also conveniently close to the social and cultural magnets of Lincoln Center and the Upper West Side to the north, the theater district and midtown Manhattan to the south, and Central Park to the east. In addition, the campuss seven-acre plaza creates a green oasis in the middle of a great metropolis. The Lincoln Center Campus offers both day and evening classes, Monday through Thursday, on a trimester basis. Terms begin in September, January and April. Some Saturday classes are offered in the fall and spring trimesters. Administrative and faculty offices are located half a block away at 33 West 60th Street, 4th Floor. WeStcheSter camPuS of fordham univerSity The Graduate School of Business also offers its MBA program at the Westchester Campus of Fordham University in West Harrison, New York. Courses are taught by the same distinguished faculty as at Fordhams Lincoln Center Campus. Full- and part-time students can complete all requirements for the MBA at this suburban campus in the following concentrations: Finance, Management Systems and Marketing. Note: Information Systems as well as Communications and Media Management concentrations require some attendance at Lincoln Center. Students may take from one to four courses per trimester, and while they can complete most degrees entirely at the Westchester Campus, they may move freely between Westchester and Lincoln Center. The trimester system is the same at both campuses, with classes in Westchester offered Monday and Wednesday evenings plus Saturday mornings. The Westchester Campus is located on Westchester Avenue, in West Harrison, New York. The Harlem line of the Metro-North Commuter Railroad stops at White Plains about two miles west of the Westchester Campus. Taxis are available at the station. By car, the campus is also easily reachable. BeijinG camPuS A consortium of 26 Jesuit business schools offers an MBA program, called the Beijing International MBA (BiMBA), in mainland China. The BiMBA Program is housed in a former princes residence, renovated for modern use. Fordham Universitys Graduate School of Business students have the opportunity to participate in the Beijing International MBA program at Peking University by studying there for a semester. Students may take up to 12 credits at BiMBA and should meet with an advisor before choosing classes. They must be in good academic standing (GPA of 3.0 or higher) in order to participate. Please contact the office of Student Life at (212) 636-6104 for more information (see page 52).


School adminiStration David A. Gautschi, PhD Dean, Graduate School of Business Donna Rapaccioli, PhD Dean, Gabelli School of Business, Dean of Business Faculty Ilhan Akbil, MIM Associate Dean, Corporate Outreach and International Programs Victor Marek Borun, PhD * Associate Dean of the Faculty Stuart J. Lipper, MBA Associate Dean, Academic Programs John Zhuang Yang, PhD Associate Dean, Beijing International MBA Program Francis Petit, EdD Associate Dean for Executive MBA Programs Greg Bergida, MBA Director, Office of Student Life Patricia Caffrey, MBA Director of Enrollment Management Judith N. Paul, MBA Director of Career Management Gilbert Stack, PhD Director of Assessment and Accreditation

area chairS Allen I. Schiff * Accounting and Taxation Everette E. Dennis Communications and Media Management Sris Chatterjee * Finance and Business Economics Mark S. Silver Information Systems Kenneth R. Davis Law and Ethics Falguni Sen Management Systems Dawn B. Lerman Marketing SPecial academic ProGram directorS Everette E. Dennis Director, Center for Communications Allen I. Schiff * Director, MBA Consulting Program Director, Tax Programs James Lothian * Director, The Frank J. Petrilli Center for Research and Finance; Co-Director, Trans-Atlantic Finance Institute Sertan Kabadayi Director, Global Professional MBA Gautam Goswami Director, Master of Science in Quantitative Finance Program An Yan Director, Center for Research in Contemporary Finance Falguni Sen Global Healthcare Innovation Management Center

executive committee Everette Dennis Laura Gonzalez Robert Wharton election committee Evangelos Katsamakas Dorothy Klotz * Steve Raymar Esther Solomon Frank Werner joint councilS David A. Gautschi, PhD Dean, Graduate School of Business Donna Rapaccioli, PhD Dean, College of Business, Dean of Business Faculty Elizabeth Pinho-Cosenza Secretary GBa curriculum committee Gayane Hovakimian Sertan Kabadayi Dawn Lerman Michael Pirson Mark Silver merit committee Christopher Blake John Carey Everette Dennis Robert Wharton An Yan

* Recipient of the Bene Merenti award for 20 years of service to Fordham University


mba ProGram of sTUdyFordhams Master of Business Administration Program provides the knowledge and skills necessary for graduates to become leaders in business. Students acquire a comprehensive education for the fundamentals of business through required courses and also develop expertise in a specific field by concentrating in one or two of six areas: Accounting, Communications and Media Management, Finance, Information Systems, Management Systems and Marketing. Each concentration is complemented by advanced courses in other areas to round out the education. The information, skills and contacts offered in these courses are assets that culminate in a career-enhancing portfolio of knowledge, experience and networks. Fordhams MBA Program views business education in the same way that an investor combines a carefully balanced assortment of financial assets to achieve maximum returns. The result is a powerful combination of knowledge and abilities designed to serve graduates throughout their professional careers. Each student receives an MBA or MS Program of Study Sheet, which outlines the specific courses (s)he must complete to earn an MBA or MS. This document, provided by the Office of Academic Advisement, is individualized for each student in consultation with the Offices academic advisors to reflect the students personal goals.

requirementS for comPletion of the deGree Completion of a single concentration is 69 credits. However, the number of credits varies if the student is pursuing a second concentration, which also depends upon the students program. ProGram PrerequiSiteS (three courses, nine credits) BE 6220 Managerial Economics (see page 31) DG 6810 Mathematical Methods for Business (see page 43) DG 6820 Statistics (see page 43) mBa core BuSineSS courSeS (required for all concentrations) AC 6111 Fundamentals of Accounting (see page 17) BL 6310 Business Law I (see page 47) INSY 6910 Management Information Systems (see page 38) MG 6613 Fundamentals of Management (see page 41) (Prerequisites BE 6220 & DG 6820) MK 6710 Marketing Management (see page 44) (Prerequisite BE 6220) FN 6411 The Financial Environment (see page 28) (Prerequisite AC 6111) MG 6627 Operations Management (see page 41) (Prerequisite MG 6613) MG 7660 Business Policy (see page 42) (Prerequisites all core courses) MG 7660 Business Policy, the capstone course of the MBA, should be taken as close to the end of the program as possible and only after the other core courses have been completed.Because of its integral importance to the program, this course will not be waived. areaS of concentration (five courses, 15 credits) A concentration consists of advanced-level courses from one of six areas: Accounting, Communications and Media Management, Finance, Information Systems, Management Systems or Marketing. Specific concentration requirements are set forth in each area description. Breadth electiveS (five courses, 15 credits) Students must take five advanced-level courses outside their concentration. Advanced-level courses are 7000- or 8000-numbered courses. only two courses can be taken in the same area.

free electiveS These credits enable students to take additional courses in their concentration or breadth elective courses. dual concentration Students in the regular MBA, the MBA in Public Accounting, the Global Professional MBA and the EMBA Program have the option of working toward a second concentration. The requirements of the second concentration are fulfilled by the completion of five courses from one area of concentration (Accounting, Communication and Media Management, Finance, Information Systems, Management Systems or Marketing) and the completion of three breadth electives that are outside the concentrating areas of study, and no more than two from any area. There are no free electives. All areas of concentration must be completed within five courses. Each concentration has its own requirements, and those requirements must be completed. The total credit requirement without waivers is 72 credits. Exception to the rule: students pursuing a dual concentration in Public Accounting and Finance need to take four additional Finance courses, for a total of 81 credits to complete the program. Global Professional MBA students pursuing a dual concentration must complete 85.5 to 88.5 credits. For more information, please contact the office of Academic Advisement at (212) 636-7802. academic deSiGnationS In response to the evolution of modern business practice and needs, Fordhams Graduate School of Business has added new concepts to many courses in electronic business, entrepreneurship, international business and global sustainability. This process mirrors the worldwide economic environment, where technology is changing all organizations; where entrepreneurial activity in both new and established companies is a key to business success; where the distinction between international and domestic business is rapidly diminishing; and where business must answer the call to create a future based on a low-carbon sustainable economy.


MBA PRoGRAM oF STUDY

Because the school recognizes that some students seek specific careers in these areas, it has created four academic designations: International Business (IB), Electronic Business (EB), Entrepreneurship (ENT) and Global Sustainability (GS). Students who successfully complete these designations receive an IB, EB, ENT or GS designation on their transcripts. MBA students may supplement their concentration in the area of the curriculum with courses relevant to their goals. These specialized areas of study are not concentrations. Rather, they present an opportunity to cluster courses around a designation. Students choosing designation courses must continue to observe concentration and breadth elective distribution requirements. 1. Designation in International Business The International Business (IB) designation is not a concentration. Moreover, students must continue to observe the distribution requirements of the MBA breadth electives when choosing their IB courses. An IB designation is conferred upon MBA graduates who complete five IB courses (15 credits) among their concentration and elective courses of the regular MBA program. At least one of the IB courses must be in the concentration and no more than two concentration courses can count toward this designation. The courses listed below have been designated as IB offerings: AC BE BE BE BL BL CM CM CM FN FN FN FN INSY INSY MG MG MG MG MG MG MG MK MK 7136 International Accounting 7244 Global Finance (also offered as FN 7455) 7243 Contemporary Issues in Global Finance (also offered as FN 7458) 7251 International Trade and Development 7322 International Business Law 739X ST*: International Business Ethics 7502 The Entertainment Industry 7525 Cross-Cultural Communications and Negotiations 7537 Coping with Global Corporate Crisis 7443 Multinational Investment Analysis 7451 Financial Management of Multinational Companies 7455 Global Finance (also offered as BE 7244) 7458 Contemporary Issues in Global Finance (also offered as BE 7243) 7901 E-Business Strategies and Applications 7989 IS in the Transnational Firm 7635 International Dimensions of Business 7671 Global Industry Analysis and Strategic Planning 7673 Strategy Implementation 7677 System Dynamics for Strategic Management 7678 Strategic Management of Global Supply Chains 769X ST*: International Study Tour 8000 Leading Global Corporations 7750 International Marketing 779X ST*: International Study Tour

2. Designation in Electronic Business The Electronic Business (EB) designation requires students to complete five upper-level courses (15 credits) designated as EB courses. The five EB courses must be distributed across at least three functional areas and can be distributed across the concentration and elective areas of the program of study. Electronic Business is not a concentration. It must be combined with a single or double concentration in any of the six functional areas and requires students to meet all regular concentration and breadth elective distribution requirements. The courses listed below have been designated as EB offerings: BL CM CM CM CM CM CM CM INSY INSY INSY INSY MG MK 7325 7500 7502 7503 7543 7554 7556 759X 7901 7905 7941 7945 7675 7719 Law of Traditional and New Media (also offered as CM 7556) Media and Communication Industries The Entertainment Industry The Motion Picture Industry Newspapers, Magazines and Their Electronic Ventures New Media and Mass Communications Law of Traditional and New Media (also offered as BL 7325) ST*: The Music Business E-Business Strategies and Applications Web and E-Business Technologies Communication Networks and Distributed Systems Business Design Through IT Strategic Management of Innovations and Technology E-Marketing

Appropriate MBA Consulting projects and tutorials that are approved in writing by the professor teaching the course, the appropriate area chair and the program director (for MBA Consulting projects) may also be considered EB courses. A copy of approval must be provided to an academic advisor. We encourage students who pursue this designation to join the Media and Entertainment Alliance, which was formed to enhance relationships between the community and the media and entertainment industry. The Alliance creates ongoing access to industry professionals through panel discussions, networking events, site visits, and seminars (for more, see www.bnet.fordham.edu/students/student_clubs). 3. Designation in Entrepreneurship and Venture Initiation The Entrepreneurship and venture Initiation (ENT) designation requires students to complete five upper-level courses (15 credits) designated as ENT courses. The five ENT courses must be distributed across at least three functional areas and can be distributed across the concentration or elective areas of the program of study. Entrepreneurship and venture Initiation is not a concentration. It must be combined with a single or double concentration in any of the six functional areas and requires students to meet all regular concentration and breadth elective distribution requirements. The courses listed below have been designated as ENT offerings: MG 7637 Entrepreneurship and New Business Ventures (required) The remaining four courses must be taken from the following list:

Appropriate MBA Consulting projects and tutorials that are approved in writing by the professor teaching the course, the appropriate area chair and the program director (for MBA Consulting projects) may also be considered IB courses. A copy of approval must be provided to an academic advisor. We encourage students who pursue this designation to join the Global Professional MBA Student Club. This club recognizes the unique needs of individuals planning careers in international business and supports the development of the skill-set necessary to understand the mechanics of international business and the unwritten rules of cross-cultural management (for more, see www.bnet.fordham.edu/students/student_clubs).

AC AC AC9

7184 Individual & Business Entity Taxation 7105 Financial Accounting Theory 7155 Managerial Accounting

fordham univerSity Graduate School of BuSineSS


BE BL BL BL CM CM FN FN FN FN FN FN FN FN FN FN FN FN FN FN INSY INSY MG MG MG MK MK MK

7240 7320 739X 739X 759X 759X 7415 7423 7430 7441 7451 7470 749X 749X 749X 749X 8405 8406 8414 8415 7905 7941 7610 7673 769X 7792 779X 779X

Money, Credit & Interest Rates (also offered as FN 7441) Business Law II ST*: Employment Law ST*: White Collar Crime ST*: Communication for Entrepreneurs ST*: Managing Across Media Credit Management Mergers, Acquisitions & LBOs Investment Analysis Money, Credit & Interest Rates (also offered as BE 7240) Financial Management of Multinational Companies Real Estate Finance ST*: Investment Banking ST*: Introduction to Technical Analysis ST*: Venture Capital Financing ST*: Investments for Individuals Deleveraged Finance Financial Strategy Modern Financial Analysis & Valuation Techniques Financial Markets: Concepts, Methods and Trading in Action Web and E-Business Technologies Communication Networks and Distributed Systems Leadership and Change Strategy Implementation ST*: Management Skills for Small Business New Product Development ST*: New Ventures Practicum ST*: Entrepreneurship / Philanthropy

4. Designation in Global Sustainability The Global Sustainability (GS) designation requires students to complete five upper-level courses (15 credits) designated as GS courses. The GS designation is not a concentration. Students must fit their GS courses within the requirements for the number of concentration and elective courses, and the distribution of breadth electives. The courses listed below have been designated as GS offerings: BE BL BL CM CM CM CM FN FN INSY MG MG MG MG MG MG MG MG MG MG MG MG MG MK MK MK MK MK 7251 739X 739X 7525 7531 International Trade and Development ST*: Ethics in Business ST*: International Business Ethics Cross-Cultural Communications and Negotiations Communicating Corporate Image Responsibility (also offered as MK 7782) 759X ST*: Communication & Sustainability 759X ST*: Management & Communication for Global Sustainability: A Foundations Course (also offered as MG 769X) 7496 Financial Management of Nonprofit Organizations 749X ST*: Sustainability & Finance 7945 Business Design Through Information Technology 7637 Entrepreneurship and New Business Ventures 7673 Strategy Implementation 7677 System Dynamics for Strategic Management 7678 Strategic Management of Global Supply Chains 769X ST*: Ethical Leadership 769X ST*: Leadership for the 21st Century 769X ST*: Corporate Sustainability (also offered as MK 779X) 769X ST*: International Sustainability Mexico 769X ST*: Social Entrepreneurship 769X ST*: Sustainability Marketing (also offered as MK 779X) 769X ST*: Arts and Global Sustainability 769X ST*: Management & Communication for Global Sustainability: A Foundations Course (also offered as CM 759X) 769X ST*: Global Sustainability: Managing the Risks of Climate Change 7782 Communicating Corporate Image Responsibility (also offered as CM 7531) 7720 Consumer Behavior 7792 New Product Development 779X ST*: Corporate Sustainability (also offered as MG 779X) 779X ST*: Sustainability Marketing (also offered as MG 769X)

Appropriate MBA Consulting projects and tutorials that are approved in writing by the professor teaching the course, the appropriate area chair and the program director (for MBA Consulting projects) may also be considered ENT courses. A copy of approval must be provided to an academic advisor. We encourage students who pursue this designation to join the Fordham Entrepreneur Society. It is an extracurricular organization comprised of MBA students with the desire to become successful entrepreneurs (for more, see www.bnet.fordham.edu/students/student_clubs).

* ST (Special Topics) courses are offered periodically to permit faculty and students to explore a topic of particular interest. The list and course numbers of ST courses are subject to change. In addition to these, more designated ST courses can be offered throughout the year. In order for these to count for designations, the course descriptions must clearly state that they are.



The following non-GBA courses are considered GS courses. If you wish to take them, it is your responsibility to check availability, apply and get approval from the corresponding Fordham school. You are also encouraged to consult with the professor and the appropriate GBA area chair prior to registering to ensure that your background will meet the course prerequisites. You may take a maximum of two non-GBA courses as part of your MBA program. EVGL ECGA EVGL ECGA EVGL ECGA EVGL PEGA EVGL POGA ITGL POGA ITGL POGA PRGL POGA BIGA SOGA BIGA SOGA BIGA 0290 5255 0337 6450 0521 6460 0591 6520 2990 6530 0299 6550 0442 6569 0363 6640 6533 5807 6595 6500 6597 Law & Policy of Climate Change Environmental Economics Environmental Law Microeconomic Development Issues Environmental Justice Agriculture and Development International Environmental Law International Law and Development Sustainable Energy Law & Policy Political Economy of Development International Trade Law Politics and Petroleum International Human Rights Political Economy of Reform Urban Land Use Politics of Global Economic Relations Ecosystem Ecology Globalization and Its Discontents Environmental Management Population Conservation Biology

minimum reSidency requirement A student must satisfy the minimum residency requirement of 45 credits for the traditional MBA programs. If a waiver from the business core and prerequisite courses reduces a students program below the 45-credit minimum residency requirement, the student must replace course(s) with upper-level course(s) offered by the school in the same academic area. (Note: MG 7660 Business Policy is never waived.) JD/MBA Program 39 credits MBA/MSIS Degree 69 credits MS in Communications and Media Management 30 credits MS in Information Systems 30 credits MS in Taxation 21 credits MS in Accounting 21 credits

WaiverS 1. Waivers Granted Upon Acceptance Upon acceptance to the Graduate School of Business, a waiver sheet is sent to each student listing those courses from which the student has been automatically waived. Waivers may be awarded for the three prerequisite courses and all core courses, with the exception of Business Policy (MG 7660). All waivers must be awarded before the end of a students first term of enrollment. The following criteria are used to determine ones eligibility for an automatic waiver upon acceptance: Prior Course Work A student is waived from a prerequisite or core course if (s)he has completed two undergraduate courses or one graduate-level course from an AACSB-accredited graduate program covering similar content. The course must have been completed within the prior six years and a grade of B or better must have been awarded. Exceptions Exceptions are granted in three areas: Certified Public Accountants receive an automatic waiver from both Fundamentals of Accounting and Business Law I. Lawyers receive a waiver from Business Law I. MBA students in the JD/MBA Program are waived from Business Law I. Waivers granted for prior course work or by exception are determined by the Admissions office and are automatically issued upon admittance into the Business School. For questions, please contact the office of Admissions at (212) 636-6200 or e-mail [email protected]. 2. Waivers Granted Through Examination If a student feels that he or she has proficiency in a particular subject but does not have the aforementioned requirements for an automatic waiver, the student may opt to take the waiver examination. Upon passing the exam, the student will receive a waiver from the respective course. Students are limited to one attempt per exam topic and must take the exam prior to or during the first term of enrollment. Waiver exams are administered through the office of Student Life. For more information regarding waiver exams, please visit the Fordham Graduate School of Business website at www.bnet.fordham.edu or contact the office of Student Life at (212) 636-6104 or [email protected]. Please note that there is a $100 fee for taking each waiver exam.

Note on course codes for non-GBA courses: EVGL Environmental Law, School of Law ITGL International Law, School of Law PRGL Property Law, School of Law BIGA Biology, Graduate School of Arts and Sciences ECGA Economics, Graduate School of Arts and Sciences PEGA International Political Economy and Development, Graduate School of Arts and Sciences POGA Political Science, Graduate School of Arts and Sciences SOGA Sociology, Graduate School of Arts and Sciences Appropriate MBA Consulting projects and tutorials that are approved in writing by the professor teaching the course, the appropriate area chair, and the program director (for MBA Consulting projects) may also be considered GS courses. A copy of approval must be provided to an academic advisor. We encourage students who pursue this designation to join Net Impact. This student group provides a forum for future business leaders to discuss new opportunities to create meaningful careers that create value for both the business leaders and for society (for more information, see www.bnet.fordham.edu/students/student_clubs).


Waivers are made solely in the judgment and at the discretion of Fordham Graduate School of Business and should not be considered an entitlement by entering students who have completed prior related coursework. CROSS-REGISTRATION WITHIN THE UNIVERSITY Students may register for courses offered by the Fordham Graduate Schools of Arts and Sciences, Social Service and Education (for School of Law, see page 50). Such courses are considered MBA program electives. To register for courses in another Fordham graduate school, the following steps must be completed: 1. obtain the appropriate graduate school bulletin with the description of the desired course. The course must incorporate material related to topics studied in the MBA program. 2. Pick up an Intra-registration Form from the Graduate School of Business and schedule an appointment with the Assistant Dean/ Director of Academic Advisory Services at the office of Career Management and Academic Advisement to secure approval. A student should be prepared to justify the course selection and its relationship to the MBA degree. 3. Secure approval from the Dean of the graduate school offering the course. 4. Present the completed Intra-registration Form when registering at the Graduate School of Business. reGiSterinG outSide fordham univerSity If a student transfers or moves outside the metropolitan area, a maximum of 12 credits (four courses) may be taken at another AACSB-accredited MBA program and transferred back to be applied to the students MBA degree. Students must have completed the prerequisites and business core classes. Approval must be requested in writing to an academic advisor. All requests must include the name of the school and course descriptions. Students are advised to complete this procedure well in advance of the host schools registration dates. AUDITS Under special circumstances, students are permitted to audit a course. Written permission from the Associate Dean of Academic Programs is required. Audited courses do not carry degree credit and are charged full tuition.

CLASSES FOR ALUMNI Fordham Graduate School of Business alumni are permitted to attend selected classes for a contribution of $100.00 per class. Alumni must contact the office of Student Life at (212) 636-6104 or e-mail at [email protected]. GRADUATE TUTORIALS A graduate tutorial is an independent study project conducted under the guidance and supervision of a faculty advisor. A request to take a graduate tutorial will be considered only in the following situations: 1. To pursue a specialized topic independently, 2. When a student is prevented from graduating because a required course is not offered, 3. When special circumstances such as job relocation prevents a student physically from taking classes at Fordham, or 4. When a required course is canceled and no other section of that course is offered. Students interested in pursuing a graduate tutorial should contact the office of Academic Advisement at (212) 636-6104. COURSE LISTINGS The following pages list the schools courses grouped by academic area. Special Topics courses (designated with 9x as the last two digits in course numbers), are offered from time to time to permit faculty and students to explore topics of interest, but are not offered as permanent options in the curriculum. The initials preceding course numbers represent their appropriate concentration, as follows: AC BE BL CM DG FN INSY MG MK QF TX Accounting Business Economics Business Law Communications and Media Management System Design Finance Information Systems Management Systems Marketing Quantitative Finance Taxation


accoUnTinG and TaxaTionarea chair : allen i . schiff , professor

The Accounting and Taxation area provides coursework to develop sophisticated usage of accounting information, as well as expertise in taxation. The area offers courses leading to the Master of Business Administration in Public Accounting, Master of Science in Taxation, a combined-degree program, MBA in Public Accounting and MS in Taxation (MTA), Master of Science in Accounting, as well as a concentration in Accounting. These programs are described below. The

three major thrusts of the Accounting curriculum include: financial accounting courses that provide an understanding of U.S. Generally Accepted Accounting Principles (GAAP) and International Accounting Standards in order to develop skills in financial statement preparation and analysis; taxation courses that focus on tax research and compliance; and audit courses that address auditing from financial statement, information technology, ethics and compliance perspectives.

mba in PUblic accoUnTinGProGram PrerequiSiteS (three courses, nine credits) Managerial Economics (see page 31) Mathematical Methods for Business (see page 43) Statistics (see page 43) (equivalent of DG 6820) mBa core BuSineSS courSeS (required) (eight courses, 24 credits) AC 6111 Fundamentals of Accounting (see page 17) BL 6310 Business Law I (see page 47) INSY 6910 Management Information Systems (see page 38) MG 6613 Fundamentals of Management (see page 41) (Prerequisites BE 6220 & DG 6820) MK 6710 Marketing Management (see page 44) (Prerequisite BE 6220) FN 6411 The Financial Environment (see page 28) (Prerequisite AC 6111) MG 6627 Operations Management (see page 41) (Prerequisite MG 6613) MG 7660 Business Policy (see page 42) (Prerequisites all core courses) MG 7660 Business Policy, the capstone course of the MBA, should be taken as close to the end of the program as possible and only after the other core courses have been completed. Because of its integral importance to the program, this course will not be waived. The Master of Business Administration in Public Accounting Program combines the breadth of instruction in general business principles characteristic of the MBA with the common body of knowledge recommended by the American Institute of Certified Public Accountants. The program is intended for both business and liberal arts graduates. Graduate students seeking both the MBA degree and CPA credential benefit from the broadly based core instruction of the MBA and the expertise developed in the specialized public accounting courses. The program consists of 69 credits. Students gain the high sense of responsibility and professional competence expected in the accounting profession. It also prepares them for the business challenges many CPAs encounter in their careers.

Students who complete the MBA in Public Accounting Program are eligible to fulfill the curriculum requirements to sit for the Certified Public Accountant Examination. For more specific information with regard to the exam and state licensure requirements (i.e., undergraduate liberal arts and science requirements, public accounting experience), students should visit www.nasba.org. PuBlic accountinG courSeS (eight courses, 24 credits) AC 7105 Financial Accounting Theory AC 7120 External Financial Information and Reporting AC 7130 Advanced External Information and Reporting AC 7155 Managerial Accounting Analysis AC 7171 Auditing of Accounting Information Systems I AC 7176 Auditing of Accounting Information Systems II AC 7184 Individual and Business Entity Taxation One of the following advanced-level Accounting courses: AC 7125 Financial Statement Analysis AC 7136 International Accounting AC 7180 Professionalism and Research Seminar AC 719X Forensic Accounting Breadth courSeS (four courses, 12 credits) BL 7320 Business Law II TX 7001 Corporate Taxation One advanced-level Finance course. One of the following advanced-level Accounting/Taxation courses: TX 7010 Federal Research and Procedure AC 7811 Accounting Internship TX 7811 Taxation Internship


ACCoUNTING AND TAxATIoN

ms in TaxaTionThe Master of Science in Taxation is a 10-course, 30-credit program, comprised of seven required tax courses and three taxation electives. The program is designed for professional accountants, attorneys and business professionals who wish to acquire expertise in taxation and obtain a graduate degree in the field. The program can also supplement an undergraduate degree in Public Accounting to meet the 150-credit-hour requirement to obtain a Certified Public Accountant designation in New York. For more specific information with regard to the exam and state licensure requirements (i.e., undergraduate liberal arts and science requirements, public accounting experience), students should visit www.nasba.org. Candidates who are neither CPAs nor graduates of AACSB-accredited programs may require supplementary coursework to complete the degree. required courSeS (seven courses, 21 credits) TX 7001 Corporate Taxation TX 7010 Federal Research and Procedure TX 7015 Partnerships TX 7020 Estate and Gift Taxation TX 7045 International Corporate Taxation TX 7065 Current Law and Regulation Changes in Taxation TX 7041 Research Seminar taxation electiveS (three courses, nine credits) Suggested MS Taxation Specializations are a combination of required and elective courses. These options included but are not limited to the following: Closely Held Business Planning (five courses, 15 credits) TX 7010 Federal Research and Procedure TX 7025 Tax Planning for High Net-Worth Individuals TX 7058 Tax Planning for Business Purchase, Sale and Gift TX 7065 Current Law and Regulation Changes in Taxation TX 7078 Preserving Wealth with Estate Planning Entity Taxation (five courses, 15 credits) TX 7001 Corporate Taxation TX 7010 Federal Research and Procedure TX 7015 Partnerships TX 7030 Corporate Tax Planning TX 7065 Current Law and Regulation Changes in Taxation International Taxation (five courses, 15 credits) TX 7010 Federal Research and Procedure TX 7045 International Corporate Taxation TX 7065 Current Law and Regulation Changes in Taxation TX 7080 Taxation of U.S. and Foreign Expatriates TX 7085 Foreign Tax Estate and Gift Taxation (five courses, 15 credits) TX 7010 Federal Research and Procedure TX 7020 Estate and Gift Taxation TX 7025 Tax Planning for High Net-Worth Individuals TX 7065 Current Law and Regulation Changes in Taxation TX 7078 Preserving Wealth with Estate Planning14

mba in PUblic accoUnTinG and ms in TaxaTion (mTa)ProGram PrerequiSiteS (three courses, nine credits) Managerial Economics (see page 31) Mathematical Methods for Business (see page 43) Statistics (see page 43) (equivalent of DG 6820) mBa core BuSineSS courSeS (required) (eight courses, 24 credits) AC 6111 Fundamentals of Accounting (see page 17) BL 6310 Business Law I (see page 47) INSY 6910 Management Information Systems (see page 38) MG 6613 Fundamentals of Management (see page 41) (Prerequisites BE 6220 & DG 6820) MK 6710 Marketing Management (see page 44) (Prerequisite BE 6220) FN 6411 The Financial Environment (see page 28) (Prerequisite AC 6111) MG 6627 Operations Management (see page 41) (Prerequisite MG 6613) MG 7660 Business Policy (see page 42) (Prerequisites all core courses) MG 7660 Business Policy, the capstone course of the MBA, should be taken as close to the end of the program as possible and only after the other core courses have been completed. Because of its integral importance to the program, this course will not be waived. The MBA in Public Accounting and MS in Taxation Program is a unique dual-degree program. Its long-term goal is to develop broadly educated executives whose expertise in taxation and accounting opens a path to executive positions and provides a unique perspective to analyze important business problems and issues. Short term, the program is intended to meet the exceptional demand from accounting firms, financial institutions, and multinational corporations for tax professionals with upper-management potential. The first component of the program combines the breadth of instruction in general business principles characteristic of the MBA with the common body of knowledge recommended by the American Institute of Certified Public Accountants. The second component provides comprehensive education and technical expertise in the field of taxation. The MTA is an intensive program with selective enrollment. It consists of 99 credits and is intended for both business and liberal arts graduates. Individuals with previous business education or experience may benefit from the programs credit waiver policy, which reduces the number of credit requirements. Students who complete the MTA Program are eligible to fulfill the curriculum requirements to sit for the New York State Certified Public Accountant Examination. For more specific information with regard to the exam and state licensure requirements (i.e., undergraduate liberal arts and science requirements, public accounting experience), students should visit www.nasba.org.

fordham univerSity Graduate School of BuSineSS


concentration courSeS Accounting (seven courses, 21 credits) AC 7105 Financial Accounting Theory AC 7120 External Financial Information and Reporting AC 7130 Advanced External Information and Reporting AC 7155 Managerial Accounting Analysis AC 7171 Auditing of Accounting Information Systems I AC 7176 Auditing of Accounting Information Systems II AC 7184 Individual and Business Entity Taxation Taxation (10 courses, 30 credits) TX 7001 Corporate Taxation TX 7010 Federal Research and Procedure TX 7015 Partnerships TX 7020 Estate and Gift Taxes TX 7041 Research Seminar TX 7045 International Corporate Taxation TX 7065 Current Law and Regulation Changes in Taxation taxation electiveS The student selects three additional courses from the Taxation area. Certain required and advanced-level courses have prescribed prerequisites that must be met. one of the three may be Tx 7811 Taxation Internship. Breadth courSeS (five courses, 15 credits) BE 7230 Macroeconomics BL 7320 Business Law II FN 7421 Principles of Modern Finance MS 7810 MBA Consulting Program One of the following: AC 7125 Financial Statement Analysis AC 7136 International Accounting AC 7180 Professionalism and Research Seminar AC 719X Forensic Accounting out-of-claSSroom requirementS The MTA requirements consist of the 99-credit course of study, as well as successful completion of MTA activities that relate coursework to the real world of business, such as: MTA orientation Annual MTA Tax Moot Court Competition Competitions in Big 4 Tax Challenge Participation in tax conferences sponsored by Fordham University Participation in MTA mentoring

mba in accoUnTinGProGram PrerequiSiteS (three courses, nine credits) Managerial Economics (see page 31) Mathematical Methods for Business (see page 43) Statistics (see page 43) (equivalent of DG 6820) mBa core BuSineSS courSeS (required) (eight courses, 24 credits) AC 6111 Fundamentals of Accounting (see page 17) BL 6310 Business Law I (see page 47) INSY 6910 Management Information Systems (see page 38) MG 6613 Fundamentals of Management (see page 41) (Prerequisites BE 6220 & DG 6820) MK 6710 Marketing Management (see page 44) (Prerequisite BE 6220) FN 6411 The Financial Environment (see page 28) (Prerequisite AC 6111) MG 6627 Operations Management (see page 41) (Prerequisite MG 6613) MG 7660 Business Policy (see page 42) (Prerequisites all core courses) MG 7660 Business Policy, the capstone course of the MBA, should be taken as close to the end of the program as possible and only after the other core courses have been completed. Because of its integral importance to the program, this course will not be waived. concentration in accountinG (five courses, 15 credits) A concentration consists of five advanced-level courses from the Accounting and Taxation area. The following is a suggested course selection for those seeking careers in financial management: AC AC AC AC AC 7105 7125 7128 7136 7155 Financial Accounting Theory Financial Statement Analysis Advanced Financial Statement Analysis International Accounting Managerial Accounting Analysis

other five-course combinations may be suitable for those seeking other careers, such as marketing management, internal audit, management consulting.



concentration in PerSonal financial PlanninG Due to the growing intricacy of financial planning, students considering a career with financial institutions offering financial planning services or in private counseling of individuals may choose the personal financial planning specialization. This is a dual concentration in Accounting and Finance that requires five courses in each area. Students completing the personal financial planning concentration will receive the personal financial planning concentration on their official transcripts. The five Accounting and Taxation courses required are: AC TX TX TX TX 7184 Individual and Business Entity Taxation 7025 Tax Planning for High Net-Worth Individuals 7056 Taxation of Executive Compensation, Employee Benefits and Retirement Plans 7078 Preserving Wealth with Estate Planning 709X Special Topics in Taxation (Life Cycle Case Studies)

ms in accoUnTinGThe Master of Science in Accounting is a 10-course, 30-credit program intended for students with baccalaureate degrees in Public Accounting. Students should visit www.nasba.org in order to determine whether this program in conjunction with the baccalaureate degree in accounting would qualify them for the NYS CPA examination. Note: AC 7184 Individual and Business Entity Tax is a prerequisite for students who are not familiar with the basic concepts in the U.S. tax planning for individuals and businesses, (i.e., have not taken any U.S. tax course). These students should take this course first, in which case it is a 33-credit program. The seven Accounting and Taxation courses required are: AC AC AC AC AC TX TX 7125 7136 719X 7176 7155 7001 7010 Financial Accounting Analysis International Accounting Taxation for Finance Auditing of Accounting Systems II Managerial Accounting Analysis Corporate Taxation Federal Research & Procedure

Suggestions for the five-course Finance component are: FN FN FN FN FN 7421 7430 7431 7460 7470 Principles of Modern Finance Investment Analysis Options and Futures Markets Portfolio Management Real Estate Finance

Students may also consider taking two free electives from either Finance and/or Accounting/Taxation or Special Topics offerings. These courses provide a student with concepts and situations encountered in examinations for personal financial specialists and planners. In addition to coursework, it is essential that students planning careers in financial counseling be aware of the importance of obtaining certification. For more information, visit the Certified Financial Planner Board of Standards, Inc. website at www.CFP.net.

Students are also required to take two advanced-level Accounting and Taxation electives and one advanced-level business course.



COURSE LISTINGS

accounting coursesEach course carries three (3) credits unless otherwise indicated. AC 6111 Fundamentals of Accounting (MBA REQUIRED CoURSE) This core course in accounting is required of all GBA students in every concentration. Provides insights into how accounting information can be used by investors and creditors to measure the results of business operations. Students requiring more in-depth accounting knowledge can select electives in financial and/or managerial accounting as their advisors suggest. AC 7105 Financial Accounting Theory Develops the ability to analyze and interpret financial statements and studies the effects of alternative accounting standards and practices on income statements, balance sheets and statements of cash flows.PREREQUISITE: AC 6111. ENTREPRENEURSHIP CoURSE.

AC 7136 International Accounting Provides students with an understanding of accounting problems and issues encountered by multinational corporations (MNCs) operating in an international environment. Most businesses today, large and small, have customers or clients throughout the world. The course covers the general problems facing MNCs, which will prepare students to interpret financial statements of MNCs.PREREQUISITE: AC 6111. INTERNATIoNAL BUSINESS CoURSE.

AC 7120 External Financial Information and Reporting Focuses on the theory and techniques utilized in corporate financial reporting. Examines the standards and pronouncements of the Financial Accounting Standards Board (FASB) and the Securities and Exchange Commission (SEC) with regard to their impact on financial statements. Emphasizes the analysis and understanding of financial reports rather than the mechanics of their construction. Designed primarily, but not exclusively, for students in the public accounting programs.PREREQUISITE: AC 7105 oR ITS EQUIvALENT, FN 6411.

AC 7140 Contemporary Issues in Financial Reporting Familiarizes students with the process of developing Generally Accepted Accounting Principles (GAAP). The course covers the Financial Accounting Standards Board (FASB) and its interaction with the Securities and Exchange Commission (SEC). A major portion of the course is devoted to an analysis of current financial reporting issues being addressed by the FASB and the impact that alternative solutions could have on reported financial results. The course also includes a discussion of various international accounting standard-setting bodies and their roles in financial reporting, domestically and abroad.PREREQUISITE: AC 7120 oR AC 7125.

AC 7155 Managerial Accounting Analysis For students in the general MBA program, focuses on product and service cost determination and using cost analysis in management decisionmaking, control and performance evaluation. oriented toward the manager as a user and interpreter of accounting information. Teaching includes case analysis and problem-solving.PREREQUISITE: AC 6111. ENTREPRENEURSHIP CoURSE.

AC 7125 Financial Statement Analysis Gives students in the general MBA program a better understanding of financial statements and the information they communicate on the operating, investing and financing activities of corporations. Focuses on the impact of financial accounting principles, disclosure standards and alternative accounting practices on financial reports. Examines and evaluates traditional and non-traditional methods of financial statement analysis.PREREQUISITE: AC 7105 oR ITS EQUIvALENT, FN 6411.

AC 7160 Internal Reporting and Control The objective of this course is to provide students with an understanding of IT internal controls, including the IT audit function as it relates to Sarbanes oxley. Emphasizes the identification of information technology control weaknesses as well as their impact on risk management.PREREQUISITE: AC 7171 oR EQUIvALENT.

AC 7128 Advanced Financial Statement Analysis Augments the concepts taught in AC 7125. Also introduces state-of-theart tools based on modern financial theory for analyzing financial reports. Topics may include: off-balance-sheet financing; damage assessment and litigation regarding misrepresentation; new reporting standards; and international accounting standards and consolidation issues.PREREQUISITE: AC 7125.

AC 7171 Auditing of Accounting Systems I Familiarizes students with the audit procedures required under Generally Accepted Auditing Standards (GAAS). Among the topics covered are audit planning, evaluating internal control, auditing transaction cycles and audit reports. Directed toward students in the public accounting programs who plan to take the Uniform Certified Public Accountant examination.PREREQUISITE: AC 7120.

AC 7130 Advanced External Information and Reporting Critically examines accounting principles and standards for corporate financial reporting with particular emphasis on mergers and other consolidations, asset sales and divestitures. Additional topics include fund accounting, foreign currency, partnerships and segment and interim reporting.PREREQUISITE: AC 7120.



COURSE LISTINGS

AC 7176 Auditing of Accounting Systems II Focuses on audit-testing techniques and the current auditing environment. Audit-testing techniques include statistical sampling and analytical procedures. Also includes recent trends in audit litigation, IRS uses of statistical methods and forensic techniques. Conducted as a seminar, students work individually and in groups on case studies and a term paper. oral and written presentations are required.PREREQUISITE: AC 7171.

Taxation coursesEach course carries three (3) credits unless otherwise indicated. TX 7001 Corporate Taxation Studies Federal income tax laws that apply to the formation, operation, dissolution and liquidation of corporations. Focuses on the tax impact of various financial transactions upon the corporation, as well as on the shareholders. Issues of distributions and redemptions, accumulated earnings tax and personal holding companies are covered. Discusses multiple corporations, earnings and profits, book-to-tax adjustments and the alternative minimum tax. Emphasizes S corporations and other ways of mitigating double taxation. Includes a brief view of corporate acquisitions and reorganizations.PREREQUISITE: AC 7184 oR EQUIvALENT.

AC 7180 Accounting Research Seminar This course is designed to develop research skills, with references to both accounting and professional journals. There is an oral and written research assignment required. Five assignments are required; each contains a presentation and research component. Two focus on professionalism and responsibility in the accounting profession.PREREQUISITE: AC 7120 oR AC 7125.

AC 7184 Individual and Business Entity Taxation Explores the sources and ideas underlying tax laws and their development in relation to fiscal and social policy. Emphasizes the application of basic concepts in tax planning for individuals and businesses. Topics include gross income, exclusions, deductions, credits, property transactions, basis and the alternative minimum tax.PREREQUISITE: AC 6111. ENTREPRENEURSHIP CoURSE.

TX 7005 Planning and Design with Tax Deferred Property Transactions This course focuses on the basics of exchanges and section 1031 like/kind exchanges. The emphasis is on the entire exchange process, covering areas such as converting a sale to an exchange, basic tax calculations, safe harbor rules, reverse exchanges and installment sales.PREREQUISITE: Tx 7015.

AC 719X Special Topics in Accounting offered from time to time to permit faculty and students to explore an accounting topic of particular interest. Specific topics and prerequisites are announced when the course is offered. Some examples of Special Topics in Accounting are Taxation for Finance and Issues in Accounting.

TX 7010 Federal Research and Procedure Concentrates, during the first part of the course, on the skills needed to research and answer tax questions. Then focuses on the procedures to resolve disagreements both pre-and post-audit with the Internal Revenue Service.PREREQUISITE: AC 7184 oR EQUIvALENT.

TX 7012 Tax Planning and Design for Family Wealth Transfers Examines planning and design of techniques for transferring wealth from one generation of family members to another. The emphasis is on the gifts, sales, leases, loans and other arrangements between family members that when used carefully and wisely, preserve a familys total wealth for enjoyment by future generations. The course examines those types of lifetime transfers that most effectively preserve a familys wealth from taxation and, at the same time, accomplish important non-tax family objectives.PREREQUISITE: Tx 7025.

TX 7015 Partnerships Analyzes the uses, formation, operation and termination of partnerships. Topics include the substantial-economic-effect doctrine, distributions, sale and exchange of interest, partnership termination, liquidation and disproportionate distributions and limited partnerships and their use as tax shelters.PREREQUISITE: Tx 7001.



COURSE LISTINGS

TX 7020 Estate and Gift Taxes Emphasizes the relationship of estate and gift taxes to the income tax. Explores the philosophy underlying Federal policy toward the three taxes and the issue of transferring assets. Introduces basic elements of estate planning, such as trusts, annuities, joint interests and life insurance.PREREQUISITE: AC 7184 oR EQUIvALENT.

TX 7045 International Corporate Taxation Introduces the complexities of international taxation by focusing on the U.S. tax systems impact on U.S. companies investing or operating abroad and on foreign companies investing or operating in the U.S. Topics include tax treaties, foreign tax credits and controlled foreign operations.PREREQUISITE: Tx 7030.

TX 7025 Tax Planning for High Net-Worth Individuals Focuses on the practical aspects of taxing wealthy individuals. Reviews general income-tax planning for wealthy individuals; dealing with passive activities (tax shelters); the use and limitations of qualified plans; investment planning (debt versus equity, timeframe, asset allocation); life, disability and liability insurance exposures; retirement planning; and estate planning.PREREQUISITE: AC 7184 oR EQUIvALENT.

TX 7048 Taxation Planning with Trusts Trusts are used in all facets of income tax, gift tax, estate tax and financial planning. Some trusts are created primarily for tax-planning purposes, but others are more general. This course analyzes and evaluates many creative and current planning uses of the following trusts: irrevocable and revocable trusts, grantor trusts, testamentary trusts, trusts for minors, dynasty trusts, life insurance trusts and corporate trusts.PREREQUISITE: Tx 7020.

TX 7030 Corporate Tax-Planning Strategies offers an in-depth study of Subchapter C of the Internal Revenue Code: the complicated rules governing organization, reorganization and liquidation of corporations. Explores such topics as leveraged buyouts, corporate take-overs and personal holding companies. Provides the groundwork essential for corporate tax planning and the analysis of mergers and acquisitions.PREREQUISITE: Tx 7001.

TX 7050 State and Local Taxes Discusses the basic elements of state and local taxes, and surveys the distinctive tax characteristics of major business states, such as New York, New Jersey, Illinois and California.PREREQUISITE: Tx 7001.

TX 7035 Federal Taxation of Financial Instruments and Transactions The growth in the number and variety of financial products and transactions has increased exponentially. New financial products have been designed and marketed to fulfill a variety of financial needs and goals. The major challenge from a tax law perspective has been to keep pace with the constant stream of emerging products. The course focuses on the Federal taxation of financial instruments and transactions. It comprehensively explains the myriad and complex rules that govern various financial instruments and transactions and to analyze recent developments in tax law.PREREQUISITE: Tx 7065.

TX 7056 Taxation of Executive Compensation, Employee Benefits and Retirement Plans Covers the tax consequences as well as various strategies relating to the design and implementation of executive compensation programs including stock options, restricted stock, stock appreciation rights, phantom stock and golden parachutes; employee benefit plans, including health care, disability, life insurance, educational assistance, dependent care and cafeteria and flexible spending plans; and retirement plans, including qualified pension, profit-sharing and stock bonus plans, as well as non-qualified supplemental executive retirement plans (SERPS), top hat plans and excess benefit plans.PREREQUISITE: AC 7184.

TX 7041 Research Project offers an opportunity to research a topic in taxation agreed to by the professor and the student. The research is focused on both academic and legal references and may be integrated with current or anticipated tax practice. A written research paper and an oral presentation are required.PREREQUISITE: Tx 7030.

TX 7058 Tax Planning for Business Purchase, Sale and Gift Explores the critical planning areas when deciding to buy, sell or gift business interest. Explores the entrance and exit strategies available to closely held business owners. Emphasis is on business planning tools utilizing buy/sell agreements, partnership liquidation agreements, installment sales, SCINS, family limited partnerships, preferred/common recapitalization, entity splits and structuring a business for purchase or sale.PREREQUISITE: Tx 7001.



COURSE LISTINGS

TX 7065 Current Law and Regulation Changes in Taxation This course analyzes the major provisions of new Federal tax legislation, case ruling and regulations. Examining their impact on individual taxpayers, businesses, investments, retirement plans, estates, trusts and practices and procedures. The course uses the current legislative changes to keep up with the constantly changing tax environment.PREREQUISITES: Tx 7001.

TX 7080 Taxation of U.S. and Foreign Expatriates Analyzes how salaries, benefits and special allowances can be structured to minimize individual tax liability under U.S. tax law for citizens working abroad and foreigners working in the United States. Encompasses filing requirements, cost-of-living differentials, foreign business expenses, foreign tax-credit limitations and avoidance of double taxation.PREREQUISITE: Tx 7025.

TX 7070 Estate and Financial Planning Techniques of Charitable Giving Analyzes the planning strategies and vehicles that planners use to integrate individual and charitable planning goals. The areas of focus are: charitable split interest trusts, private foundations, conservation easement, pooled income funds and other means to accomplish overall effective charitable tax planning. These techniques provide specific tax savings for income, gift and estate taxes, as well as creating an income stream to the individual for cash-flow purposes.PREREQUISITE: Tx 7025.

TX 7085 Foreign Taxation Introduces the tax systems of major foreign countries from two standpoints: taxation of U.S. companies investing or operating in foreign countries and taxation of foreign enterprises investing or operating in the U.S. Extends concepts discussed in Tx 7045 International Corporate Taxation.PREREQUISITE: Tx 7045.

TX 7076 Tax Accounting Focuses on situations where government rules required to compute tax liability differ from those permitted by the accounting profession to reflect the financial condition of a business. Studies the effects of different accounting methods on cash flow and reported earnings and explores their implications for financial decision-making. Topics include depreciation methods, inventory methods, income-recognition and changes in accounting periods.PREREQUISITE: Tx 7001.

TX 709X Special Topics in Taxation Capitalizes on the availability of industry experts and government officials to investigate special topics in depth or to analyze issues from a particular industry perspective. The specific topics and prerequisites are announced when the course is offered. Some examples of Special Topics in Taxation are Life Cycle Case Studies, Taxation for Finance and Issues in Taxation.PERMISSIoN oF INSTRUCToR REQUIRED.

TX 7078 Preserving Wealth with Estate Planning Provides a complete foundation for estate planning and analysis: the role of the estate planner and the selection and appointment of fiduciaries; marital deductions and will planning; life insurance in the estate; the use and taxation of trusts; recent changes in estate tax law; and special-situation planning for corporate executives, closely held business owners and partners.PREREQUISITE: Tx 7020.


commUnicaTions and media manaGemenTarea chair: everette e. dennis, felix e. larkin distinguished professor

The Master of Business Administration in Communications and Media Management Program consists of 69 credits. A Master of Science Program in Media Management, consisting of 39 credits, is also offered (see page 22). The Communications and Media Management concentration, one of the first of its kind in a business school, is designed for students pursuing careers in the communication, information media and entertainment industries, including television and cable, book and magazine publishing, digital media and others. A special feature of the area is communications courses for managers in all business fields. The concentration provides

administrative, financial and marketing linkages for students interested in leadership positions in communications, media and entertainment. Graduates also achieve success in financial services and management consulting due to their expert knowledge of media industries. The Communications and Media Management faculty includes leading scholars and executives who bring cutting-edge information and experiences to the classroom. Programs sponsored by the Fordham Center for Communications invite prominent media figures to campus for special lectures and presentations.

mba in commUnicaTions and media manaGemenTProGram PrerequiSiteS (three courses, nine credits) Managerial Economics (see page 31) Mathematical Methods for Business (see page 43) Statistics (see page 43) (equivalent of DG 6820) mBa core BuSineSS courSeS (required) (eight courses, 24 credits) AC 6111 Fundamentals of Accounting (see page 17) BL 6310 Business Law I (see page 47) INSY 6910 Management Information Systems (see page 38) MG 6613 Fundamentals of Management (see page 41) (Prerequisites BE 6220 & DG 6820) MK 6710 Marketing Management (see page 44) (Prerequisite BE 6220) FN 6411 The Financial Environment (see page 28) (Prerequisite AC 6111) MG 6627 Operations Management (see page 41) (Prerequisite MG 6613) MG 7660 Business Policy (see page 42) (Prerequisites all core courses) MG 7660 Business Policy, the capstone course of the MBA, should be taken as close to the end of the program as possible and only after the other core courses have been completed. Because of its integral importance to the program, this course will not be waived. concentration (five courses, 15 credits) Students typically organize their course work along three recommended tracks: (1) Media and Entertainment Industries; (2) Media Management; or (3) Management and Corporate Communication. An integration of courses in tracks 1 and 2 is encouraged. All students take the required course, CM 7500 Media and Communication Industries, and four additional courses. Those wishing to further customize their programs need approval from their advisor and the Area Chair. 1. Media & Entertainment Industries CM 7500 Media and Communication Industries Plus four of the following: CM 7502 The Entertainment Industry CM 7510 Broadcast Management CM 7543 Newspapers, Magazines and their Electronic Ventures CM 7554 New Media and Mass Communications CM 7556 New Media and Communication Law CM 759X Special Topics in Communications and Media Management (Broadband Revolution, Economics of Media Industries, Global/ International Communications, Managing Across Media, The Music Business and Regulation of Electronic Media)


CoMMUNICATIoNS AND MEDIA MANAGEMENT

ms in commUnicaTions and media manaGemenT2. Media Management CM 7500 Media and Communication Industries Plus four of the following: CM 7504 The Book Publishing Industry CM 7510 Broadcast Management CM 7511 The Television Industry CM 7514 Broadcast and Cable Marketing and Advertising Sales CM 7543 Newspapers, Magazines and their Electronic Ventures CM 7556 New Media and Communication Law CM 759X Special Topics in Media Management and Entertainment Industries (Business and the Media, The Business of Sports Television, Sports Media and Promotional Communication, Managing Across Media and The Music Industry) 3. Management Communication CM 7500 Media and Communication Industries Plus four of the following: CM 7525 Cross-Cultural Communication and Negotiation CM 7531 Communicating Corporate Image and Responsibility CM 7533 Persuasion in Public Relations CM 7537 Coping With Global Corporate Crisis CM 7550 Management Communication CM 759X Special Topics in Communications and Media Management (Motivation and Influence in Communication and Persuasion in Communication) The Master of Science in Communications and Media Management is a 39-credit graduate program. This program is designed specifically to meet the professional needs of: Individuals currently working in the media and entertainment industries, especially those in creative and content areas who need additional high-level professional training in business administration as well as in media management. Business and other professionals interested in specialized work in the media and entertainment industries. Managers working in the diverse financial services sector interested in obtaining an extensive understanding of the media and entertainment industries. College graduates interested in securing comprehensive professional training prior to embarking on careers in the media and entertainment industries. The media and entertainment industries require educated managers and leaders with extensive business expertise and competence. Increasingly, these industries are converging, and key industry leaders have expressed a need for individuals with both business and economic proficiencies, as well as knowledge of specific characteristics, practices and nuances of media industries, ranging from book, magazine, and newspaper publishing to electronic and digital media. The ability of individuals attracted to these industries (often from content, editorial or marketing backgrounds) to navigate the new market-oriented environment is severely limited by a lack of specific training in media management. While many such individuals do not wish to pursue a traditional MBA degree, they do need additional knowledge and skills that are offered distinctively in a graduate business school environment. This program was designed to provide a core of substantive graduate business administration courses incorporating the common body of knowledge required by the AACSB International, the Association to Advance Collegiate Schools of Business (of which Fordham is an accredited member), to individuals seeking advanced training at a business school. Students with prior academic training in business administration may have some or all of the prerequisites waived.


CoMMUNICATIoNS AND MEDIA MANAGEMENT

COURSE LISTINGS

ProGram PrerequiSiteS (three courses, 9 credits) ManagerialEconomics(microeconomics; equivalent of BE 6220) MathematicalMethodsforBusiness(equivalent of DG 6810) Statistics(equivalent of DG 6820) required core courSeS (four courses, 12 credits) CM 7500 Media and Communication Industries CM 759X Special Topics in Communications and Media Management MG 6613 Fundamentals of Management MK 6710 Marketing Management Plus four courses in the students area of concentration: media manaGement courSeS (four courses, 12 credits) CM 7502 The Entertainment Industry CM 7503 The Motion Picture Industry CM 7504 The Book Publishing Industry CM 7510 Broadcast Management CM 7511 The Television Industry CM 7514 Broadcast and Cable Marketing and Advertising Sales CM 7518 Business and Legal Aspects of Cable TV CM 7531 Communicating Corporate Image and Responsibility CM 7537 Coping with Global Corporate Crisis CM 7543 Newspapers, Magazines and their Electronic Ventures CM 7554 New Media and Mass Communications CM 7556 Law of Traditional and New Media (also offered as BL 7325) CM 7558 Business and the Mass Media CM 759X Special Topics in Communications and Media Management (Managing Across Media, The Television Industry, The Music Industry, The Broadband Industry) electiveS (two courses, six credits) AC 7105 Financial Accounting Theory BL 7322 International Business Law FN 7421 Principles of Modern Finance INSY 7901 E-Business Strategies and Applications MG 7600 Anatomy of Decisions MG 7610 Leadership and Change MG 7635 International Dimensions of Business MK 7719 E-Marketing MK 7720 Consumer Behavior MK 7730 Marketing Research MK 7750 International Marketing MK 7755 Advertising and Media Planning MK 7765 Sales Management MK 7790 Product Management

communications coursesEach course carries three (3) credits unless otherwise indicated. CM 7500 Media and Communication Industries Surveys traditional and new media industries, assessing information, entertainment, opinion and marketing/advertising functions. Considers legal, technological and economic issues. Focuses on books, newspapers, magazines, radio, television, cable and digital media.ELECTRoNIC BUSINESS CoURSE.

CM 7502 The Entertainment Industry Provides a general survey of the U.S. entertainment industry, concentrating on film and video, recorded music, radio and television, Broadway, the Internet, publishing and the arts. Examines their impact on business, the public and government.INTERNATIoNAL BUSINESS CoURSE. ELECTRoNIC BUSINESS CoURSE.

CM 7503 The Motion Picture Industry Examines the motion picture industry comprehensively, including such concerns as its structure; the creative process (i.e., the director and producer as managers); financial issues; film production; film marketing, distribution and exhibition; and economic theories related to predicting the success of films. Includes case studies of current industry issues and problems, along with readings.ELECTRoNIC BUSINESS CoURSE.

CM 7504 The Book Publishing Industry Investigates book publishing in the context of converging media and digital applications, reflecting international and domestic ownership. CM 7509 Regulation of Electronic Industries This course introduces students to the regulation of electronic media industries. Topics include the principles that have traditionally guided government, the dynamics of the policymaking process and regulatory issues and controversies surrounding new media technologies. The impact of policy on media business is explored. CM 7510 Broadcast Management Focuses on the principal responsibilities and concerns of local and network television managers, including staffing, programming, promotion, research and regulation. Also discusses radio operations. Network management includes the study of affiliate relations, new technolog

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