COLLEGE OF BUSINESS
Curriculum Committee
March 31, 2009
Page 1 of 4
2008-09 #12
Department of Finance
New Course: Page 61, 2008-2009 Graduate Catalog
CIP Code: 52.08
630. ANALYSIS OF FIXED INCOME SECURITIES (3). Exploration of the fixed
income securities markets, institutions and instruments. Valuation of fixed income
securities and derivatives. Analysis of risks and risk management of fixed income
securities. Portfolio management of fixed income securities. PRQ: FINA 607 or consent
of department.
Regarding duplication of content: The Graduate Catalog has been reviewed and no other courses
offered by other departments are similar to this course.
Rationale: The fixed income securities (i.e., bonds and other debt instruments) market is a significant part
of the financial market. The size of the US debt market is well over $15 trillion and has experienced
significant innovations in security designs and financial engineering. It is important to introduce students
to this segment of the financial market. Our current curriculum does not offer a systematic and
comprehensive analysis of the fixed income securities market. Further, Chicago is the center of the bond
and bond derivatives market, where billions of dollars of bonds and bond derivatives are traded every day.
Thus, a course in fixed income securities can better prepare our students for opportunities with financial
institutions in the greater Chicago area. Furthermore, the course will provide thorough coverage of fixed
income securities for students who plan to pursue a Chartered Financial Analyst (CFA) Charter.
Department of Operations Management and Information Systems
Course revisions: Pages 67-68, 2008-2009 Graduate Catalog
505. Principles of Operations Management (2). Examination of the issues, problems, and
possible solutions for operations managers in the manufacturing and service
environments. Topics include product planning, facility location, process design, capacity
planning, quality management, inventory management, and operations planning and
control systems. Students may not receive credit for OMIS 505 if credit was previously
received for either UBUS 310 or OMIS 338. A student must earn a grade of C or better in
a business statistics course prior to enrollment. PRQ: OMIS 524 or consent of
department.
507. Business Information Systems (2). Introduction to business information systems
concepts, uses, and issues, including functional management information systems, enduser computing, technology, platforms, and systems analysis and design. Emphasis on the
effective utilization of information system technology by business professionals. Students
may not receive credit for OMIS 507 if credit was previously received for OMIS 351.
COLLEGE OF BUSINESS
Curriculum Committee
March 31, 2009
Page 2 of 4
2008-09 #12
524. Business Statistics (2). Descriptive statistics: probability, random variables, and
probability distributions; sampling and sampling distributions; estimation and hypothesis
testing; simple regression and correlation analysis. Applications to industry and business.
Students may not receive credit for OMIS 524 if credit was previously received for
UBUS 223. A student must earn a grade of C or better in a college algebra course prior to
enrollment. PRQ: MATH 210 or consent of department.
525. Business Information Systems Technologies (3). Study of current information
systems technologies used by business professionals responsible for managing business
transaction processing systems. Emphasis on selection of hardware platforms, operating
systems, application development solutions, and integration of these areas to maximize
organizational effectiveness. A student must earn a grade of C or better in an information
systems concepts course prior to enrollment. PRQ: OMIS 507 or consent of department.
621. Computer Simulation in Business (3). Concepts and techniques of computerized
models. Emphasis on practical application of computer simulation to business problem
solving. Laboratory exercises and projects focusing on the design, construction,
documentation, and application of computer simulation models. Students may not receive
credit for OMIS 621 if credit was previously received for OMIS 421. A student must
earn a grade of C or better in both an operations management principles course and a
business statistics course prior to enrollment. PRQ: OMIS 505 and OMIS 524, or
consent of department.
624. Expert Systems in Business (3). … CRQ: OMIS 651 or consent of department.
627. Operations Analysis (3). … PRQ: All Phase One courses or consent of department.
628. Management Science Techniques for Managerial Analysis (3). Development and
application of quantitative methods such as linear programming, inventory, waiting line
theory, simulation, and model building to provide a basis for rational decision-making in
the allocation of resources within the various functional areas of the firm, with emphasis
on production. A student must earn a grade of C or better in both an operations
management principles course and a business statistics course prior to enrollment. PRQ:
OMIS 505 and OMIS 524, or consent of department.
640. Management of Information Systems Technology (3). … PRQ: OMIS 507 or
consent of department. All Phase One courses.
642. Quality Management (3). Detailed examination of the issues, techniques, and
methodologies for planning and controlling continuous quality improvement in
manufacturing and service organizations. A student project in continuous quality
improvement is required. PRQ: OMIS 505 and OMIS 524, or consent of department. All
Phase One courses.
643. Continuous Improvement Systems in Business (3). … PRQ: OMIS 505 or consent
of department. All Phase One courses.
COLLEGE OF BUSINESS
Curriculum Committee
March 31, 2009
Page 3 of 4
2008-09 #12
649. Business Computing Environments (3). Includes client/server, peer-peer, and
Internet-based. Review of key literature in the area and analysis of current problems and
trends. Laboratory experience with a variety of business computing environments.
Emphasis on collaborative work. A student must earn a grade of C or better in an
information systems concepts course prior to enrollment. PRQ: OMIS 507 or consent of
department.
651. Business Systems Analysis and Design (3). Comparison of various methodologies
and techniques used in the analysis and design of business systems with emphasis on
selecting appropriate techniques for evolving development contexts. Projects utilize these
analysis and design techniques to identify business problems and design appropriate
solutions. Emphasis on teamwork and communication skills. A student must earn a grade
of C or better in an information systems concepts course prior to enrollment. PRQ: OMIS
507 or consent of department.
652. Business Applications of Database Management Systems (3). Critical examination
of the design, implementation, and management of database systems. Topics include the
relational database model, entity-relationship modeling, normalization, the logical
implementation of databases, transaction management, distributed databases, objectoriented databases, client/server systems, data warehousing, database administration, and
the use of databases in Website design. Laboratory experience with current database
software. A student must earn a grade of C or better in an information systems concepts
course prior to enrollment. PRQ: OMIS 507 or consent of department.
660. Business Telecommunications (3). Examination of the field of business
telecommunications from the perspective of business applications. Evaluation of
hardware needed for effective business telecommunication. Includes projects that require
examination of communications systems requirements and selection of techniques
suitable for meeting the system requirements. Not available to students with credit in
OMIS 460 or equivalent. A student must earn a grade of C or better in an information
systems concepts course prior to enrollment. PRQ: OMIS 507 or consent of department.
661. Business Decision Technologies (3). In-depth study of the major components used
to create and manage information systems to support business decisions: the human
decision-making process; data access and analysis; decision algorithms; and relevant
hardware and software. Focus on development and use of decision support systems,
expert systems, executive information systems, and group decision support systems. A
student must earn a grade of C or better in an information systems concepts course prior
to enrollment. PRQ: OMIS 507 or consent of department.
671. Business Forecasting (3). … PRQ: OMIS 505 or consent of department. All Phase
One courses.
675. Technologies and Applications of Electronic Business (3). … PRQ: OMIS 652 or
consent of department.
COLLEGE OF BUSINESS
Curriculum Committee
March 31, 2009
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2008-09 #12
679. Business Geographics (3). Examination of geographic information systems
development and use from the perspective of contemporary business. Extensive computer
laboratory work designing business geographic systems using commercially available
software. Students may not receive credit for OMIS 679 if credit was previously
received for OMIS 379. CRQ: OMIS 652 or consent of department.
680. Supply Chain Management (3). … PRQ: OMIS 505 or consent of department OMIS
627.
682. Advanced Business Networking (3). … PRQ: OMIS 660 or consent of department.
684. Advanced Database Management (3). In-depth examination of the database
administration function, including advanced SQL statements and PL/SQL. Laboratory
experience in database administration and data mining programming, with emphasis on
creating database applications in the Web environment. Opportunity to take a database
administration certification examination at conclusion of course. PRQ: OMIS 652 or
consent of department.
685. Operations Strategy (3). … PRQ: OMIS 627 or consent of department.
687. Object-Oriented Business Applications Development (3). … PRQ: OMIS 651 or
consent of department.
690. Information Technology Project Management (3). … PRQ: OMIS 651 or consent of
department.
697. Strategic Information Systems (3). Study of issues related to the leadership of the
information systems function. Emphasis on strategic thinking and alignment of
information technology with business objectives. Models and techniques of strategic
information management illustrated through case studies. Topics include strategies for
application portfolios, technical infrastructure, redesign of business processes, change
management, information economics, and other organizational issues related to
information systems. A student must earn a grade of C or better in an information
systems concepts course prior to enrollment. PRQ: OMIS 651 and OMIS 652, or consent
of department.
Rationale: Revisions were made to facilitate the means by which PeopleSoft administers Phase One
prerequisites. Course descriptions were also revised as necessary to reflect current practices.