Pitt Business Core Courses
The Pitt Business core curriculum is designed for you to obtain a wealth of business knowledge during your education. By studying the primary business functions, you become a professional who understands how the different departments in an organization work together. Then through your major, you take a deep dive into your subject area and develop specialized business skills.
- BUS 0010: Your Academic and Career SuccessIn this course, you will: learn the technical aspects (academic and experiential attributes) pertaining to the majors offered in CBA, and how they relate to your next step; explore global opportunities, such as study abroad and the International Internship Program; develop networking skills, and establish your personal and professional network; create a resume that has been reviewed by a Professional Development Consultant; and establish a CBA Connect account on which you may post your resume, schedule appointments with CBA Career Services staff, register for events, view internship/job opportunities, and access secure documents. The text for BUS 0010 is Bloomberg Businessweek.
- BUS 0020 Your Career SuccessIn this course, you will: learn and practice a variety of tools used in the exploration of career paths (such as the Myers-Briggs Type Indicator assessment, Strong Inventory, informational interviewing, and job shadowing); explore your skills, abilities, and preferred roles and environments; develop and implement a personal strategy for career goal setting and planning; learn the internship and job search processes; learn and practice communication tools necessary throughout the job application process (such as resume, cover letter, unsolicited letter, letter of regret, networking, interviewing, and accepting job offers).
- BUSSPP 0020: Managing in Complex EnvironmentsIntroduces students to the challenge of managing in complex contemporary environments. The course is reflective of the breadth of issues that underlies the business curriculum. A team-based and experientially focused emphasis is designed to promote student awareness of real-world business developments and develop practical skills as well as fundamental knowledge and abilities. The intellectual core of the course will emphasize a holistic and strategic inquiry of the driving forces of competitive markets, the importance of history, the complexity of resource allocation under uncertainty, and the need to develop firm-specific capabilities that are flexible and responsive to changing situations. Attention will also be paid to the construction of criteria for firm success that reflect the complex interactions of ethical, societal, legal, and economic demands. Considerable time will be devoted to the study and analysis of companies.
Managing in Complex Environments is to be completed by freshmen or by transfer students upon their first term as a business student.
- BUSACC 0030: Financial AccountingHelps students become informed users of firms' external financial reports. The basic structure and contents of such reports and the process by which they are prepared will be studied. Discussion topics will include what items are included in the reports, how such items are measured, and how various economic events affect them. An understanding of what can be inferred from the reports about past performance, present position, and future prospects of the firm will be developed.
Prerequisite: ECON 0100 or 0110
- BUSACC 0040: Managerial AccountingIntroduces students to the basic terminology and concepts of cost accounting, and provides an introductory coverage of product costing, cost allocation, budgetary control, responsibility accounting, and the use of cost information in resource allocation and other managerial decisions. Textbook material and real-world examples are used to engage students in extensive problem-solving.
- BUSQOM 0050: Quantitative MethodsProvides the foundations for two basic business disciplines: optimization and simulation. Various modeling concepts that have origins in and have found wide applications in functional areas such as finance, marketing, and operations will be studied in depth. The topics studied include linear programming; models of "go/no go" decisions and location decisions; "what if" analysis; decision analysis and multiple criteria decision-making models; and queuing models and statistical foundations to simulate business systems—input/output analysis.
Prerequisite: STAT 1100)
- BUSENV 0060: Managerial Ethics and Stakeholder ManagementExamines the social, political, and legal interfaces between the business institution (especially the corporation) and the environment. Topics typically considered include ethical and value issues in business, the social responsibilities of business, business-government relations, and the management of stakeholder relationships and corporate social policy.
Prerequisite: one social science course.
- BUSORG 1020: Organizational BehaviorProvides an overview of topics and concepts in the field of Organizational Behavior (OB). Emphasis is on developing a theoretical grasp of issues and problems and an understanding of practical implications of various theories of human behavior at work. Specific topics include leadership, motivation, teamwork, career issues, work roles, job enrichment, employee participation, and work and nonwork integration.
- BUSORG 1101: Fundamentals of Business CommunicationProvides conceptual foundations and training in key communication skills essential for a business professional's effectiveness. Develops skills in oral presentation, interpersonal communication, and communication in teams as applied in business settings.
Prerequisite: 30 credits
- BUSFIN 1030: Introduction to FinanceThe core course in finance focuses on how companies make sound investment and financing decisions, much of which is also relevant for individual decision making. With regard to the investment decision, the time-value of money, security valuation, capital budgeting, and the tradeoff between risk and expected return are studied. With regard to the financing decision, the cost of capital, financial leverage, and capital structure policies are studied.
Prerequisite: BUSACC 0030, STAT 1100
- BUSMKT 1040: Introduction to MarketingProvides an understanding of the roles of marketing in the economy and the firm, and develops a rationale for a marketing perspective as a guide to organizational and individual actions. Topics covered are the marketing environment, strategic planning, market segmentation, product development, pricing, distribution, promotion, consumer decision making, control, and marketing management.
- BUSQOM 1070: Operations ManagementProvides foundations for managing operations technology—manufacturing and service. The management of operations of the conversion process will be discussed. The field is centered on the fundamental problem of any manager—taking inputs (raw materials) and transforming them efficiently and effectively into products resulting in a satisfied customer. Topics include: bottleneck and capacity analysis, and capacity expansion issues; decoupling the workstations—buffers versus internal and external variability; economies of scale in material handling and distribution—EOQ, MRP; reorder point computations; distribution and logistics management; scheduling of products, workforce, and other resources; and GT, JIT, CIM, and FMS.
Prerequisite: BUSQOM 0050)
- BUSSPP 1080: Strategic ManagementFocuses on corporate and divisional policy formulation and implementation. The knowledge and techniques learned in earlier courses will be applied in an integrated fashion to the process of strategic decision making and organizational change. Among the topics considered in the course will be the relationships of organizations to their environments, the hierarchy of organizational objectives, structured as well as informal approaches to strategic planning, the integration of business functions, organizational structure, and policy implementation and evaluation. A significant aspect of the course is devoted to assessing the competitive dynamics of firms.
Prerequisite: 90 earned credits and completion of nearly all of the Pitt Business core courses
- BUSECN 1010: Business EconomicsPrimarily an applied microeconomics analysis, although some applied macroeconomic analysis of relevance to the business firm may also be treated. Emphasizes the development of economic tools and concepts that can be used in the firm's management decision-making process. Builds upon the standard economic analysis of the firm that integrates a company's revenue, cost, output, and pricing decisions. Marginal and incremental reasoning is stressed as an important decision-making principle.
Prerequisite: MATH 0120, ECON 0100 and ECON 0110) Students who have already completed ECON 1100 Intermediate Microeconomics are exempt from BUSECN 1010 Business Economics.
- BUSBIS 1060: Introduction to Information SystemsInformation technology (IT) is a key component and enabler of business transformation. Focuses on how business processes can be (re)designed and business decisions can be supported with emphasis on the IT perspective. Business cases involving IT-driven and IT-enabled decision situations and business transformations are used.
Prerequisite: 60 credits