ACCOUNTING 2260-01 INTEGRATED BUSINESS OPERATIONS CLASS SYLLABUS - SPRING 2015 (Subject to Change) Instructor: Class times: Location: Email: Office: Office phone: Office hours: Rick Serafini, CPA, CMA, MAC M, W 1:00 – 1:25 Lecture, 1:30-3:25 Lab A-209 A-209 & CTC rick_serafini@ivcc.edu A 327 815-224-0392 Monday 8:30-9:00, 11:00-1:00 Wednesday 9:30-10:00, 11:00-1:00 Also By Appointment TABLE OF CONTENTS I. II. III. IV. V. VI. VII. VIII. IX. X. XI. XII. XIII. XIV. XV. XVI. XVII. XVIII. XIX. XX. XXI. XXII. Course Description Prerequisite Expected Learning Outcomes Course Materials Assessment of Student Learning Grading Scale Contesting of Grades Structure of Class Classroom Rules Instructor Expectations Assessment Guidelines Attendance Policy Late Submission Policy Extra Credit Policy Plagiarism & Cheating Special Needs Withdrawal Policy & Financial Aid Communicating with the Instructor Student Email On-line Requirements Assignments & Due Dates Class Schedule 1 I. COURSE DESCRIPTION BUS 2260 is a challenging and exciting capstone course designed to integrate the knowledge learned in previous business courses. Unlike courses that focus on specific functional areas such as accounting, marketing, and business management, this course explores how these disciplines and others work in harmony to contribute to the success of an organization. The role of strategic management in directing and coordinating the business process will be explored. An online simulation will be employed that will have student teams manage a digital camera business in direct competition with other teams. Student teams will also form companies with other students from other disciplines such as engineering and electronics to produce and sell a product on the IVCC campus. The focus in this class will be on working together in a team to develop a management strategy that will guide all decisions and company operations in a direction that will maximize resources effectively in a competitive environment. II. PREREQUISITE None. III. EXPECTED LEARNING OUTCOMES 1) Students will learn to solve problems in a team setting. 2) Students will improve oral communication skills at the interpersonal level through team interaction. 3) Students will develop oral communication skills in a business simulated setting. 4) Students will improve written communication skills as they prepare meeting summaries, business management papers, and various required reports such as budgets and marketing plans. 5) Students will improve their understanding of how their area of study relates to the other components of an industrial business. 6) Students will have the opportunity to use and improve skills they are learning in their area of specialization. Through participation in this capstone experience, students and faculty have the opportunity to assess the student’s skills at the end of the two-year program of study. IV. COURSE MATERIALS GLO-BUS, Thompson (computer simulation access code) 2 V. ASSESSMENT OF STUDENT LEARNING GLO-BUS Company performance on scoring measures GLO-BUS Company presentation GLO-BUS Quizzes (2) GLO-BUS Company performance on strategic plan GLO-BUS peer evaluation Sub Total 224 points 30 points 23 points 15 points 8 points 300 points MIMIC Fair MIMIC Accounting presentation MIMIC Marketing presentation MIMIC Company weekly reports MIMIC Company budget MIMIC professionalism evaluation MIMIC peer evaluation Sub Total 120 points 120 points 120 points 90 points 60 points 60 points 30 points 600 points Class Attendance Grand Total 100 points 1,000 points VI. GRADING SCALE 90% - 100% 80% - 89% 70% - 79% 60% - 69% < 60% (900 – 1,000) pts (800 – 899) pts (700 – 799) pts (600 – 699) pts < 600 A B C D F The instructor reserves the right to apply a class curve to points awarded. The final grade is based on points, not percentages! VII. CONTESTING OF GRADES Any student wishing to contest a grade for any assignment must do so within 48 hours of the posting of the grade on Blackboard – days when the college is closed do not count. All grades after this time are final and not subject to change! 3 VIII. STRUCTURE OF THE CLASS Each class is split between a lecture portion from 1:00 – 1:25 and a lab portion from 1:30 – 3:25. For the first half of the semester we will be spending Mondays working on the GLO-BUS simulation game throughout the entire class. Wednesdays will be devoted to the MIMIC portion of the class and as such we may be meeting in the CAD Lab. During the second half of the semester we will be devoting both days to your MIMIC project with days set aside for your Simulation Presentation, Marketing Presentation, and Accounting Presentation. As you can imagine, the schedule is a bit flexible since we will have to coordinate some of our activities with the CAD and electronic students. The class schedule below is tentative and subject to change. Any changes made will be announced in class and postings made to Blackboard. IX. CLASSROOM RULES A few rules for the classroom are; 1) All cell phones are to be turned OFF and PUT AWAY during class. 2) Professionalism - Professionalism is an important part of the business world and is demanded of those who choose accounting as their career. Part of the learning process involves understanding what is expected of you in class including your behavior and attitudes toward your instructor and fellow students. As part of this class you will be required to be respectful of others, to show courtesy, and to conduct yourself in a professional manner. 3) Promptness – You are expected to be in class ON TIME. If you arrive late it can be a distraction to others in class. I reserve the right to ask you to leave if you continue to arrive late for class. X. INSTRUCTOR EXPECTATIONS BUS 2260 is most likely different from what you have experienced during your time at IVCC. This class is designed to “mimic” some of the functions that you will experience in the business world. While it is impossible to completely duplicate such a setting here on campus, I do want to stress some very important points. It is my intention to simulate a real business environment as much as possible and therefore my expectations for your behavior in this class are somewhat different than in a typical class. I will be observing your behavior as I would as a supervisor in the real world so in regards to the professionalism requirement as outlined in the grading criteria above, I will be assessing you as follows; 4 1) I will be taking attendance at each class meeting, both GLO-BUS and MIMIC. You are expected to be on time. If you arrive after I have distributed the sign in sheet at the beginning of class it will count as an absence, no excuses! 2) You will be required to work on teams with both your fellow business students in the GLO-BUS project as well as these same students along with electronic and engineering students in the MIMIC project. I expect you all to work together in a professional and constructive manner at all times. I expect you to resolve your team/company problems using your interpersonal skills. While I am not opposed to acting as a mediator along with Mr. Gibson and Ms. Perez in situations that are legitimate roadblocks, I am NOT here to resolve PERSONAL problems. 3) There are certain days that I expect you to come to class dressed in business casual attire. The rules for the class concerning this are; (1) business casual only on all Wednesday’s which are MIMIC days, (2) business casual on each of the 3 presentations required in this class – GLO-BUS simulation presentation, Accounting presentation, and the Marketing presentation, and (3) business casual at the MIMIC Fair. The only exception to requirement 3 is that business casual is not required on GLO-BUS Mondays, or any of the identified “MIMIC production days” as outlined in the Class Schedule. The professionalism requirement accounts for 6% of your total grade. I grade this portion VERY HARD so be sure to follow the above rules! XI. ASSESSMENT GUIDELINES GLO-BUS – Company Performance This requirement accounts for 22.4% of your overall grade. The GLO-BUS company performance requirement will be measured and graded by the GLO-BUS software automatically based on the grading criteria of 5 major areas; (1) EPS, (2) ROE, (3) Credit Rating, (4) Stock Price, and (5) “Image” Rating. Each of these 5 categories is combined to give you two “yearly” and cumulative scores of Investor Expectations (IE), and Best in Industry (BII). For a complete description on exactly how these measurements are calculated please see the Participant’s Guide on your GLO-BUS website. This class is designed like the real world and as such your grade will depend in part on how you perform against your competitors. The top competitors will set the high grade for the class and a curve will be based off of that combined score. 5 GLO-BUS – Quizzes You will have two open book quizzes to take through the GLO-BUS software and they will count 2.3% of your overall grade. The first quiz will be taken after your practice round while the final quiz will be taken after you have completed your last competitive round in GLO-GUS. For a complete description on exactly what these quizzes will cover and how you can prepare for them, please see the Participant’s Guide on your GLO-BUS website. GLO-BUS – Performance on the 3-Year Strategic Plan You will have one three-year strategic plan to complete through the GLO-BUS software and it will count 1.5% of your overall grade. Strategic planning is a long-term approach to planning that involves budgeting for a period of 3-5 years. This is a common practice in the real world and will be incorporated into your GLO-BUS requirements beginning in “Year 9” in your simulation game. Essentially you will be forecasting your results for “years 9-11” and will be graded as to how well you meet those targets while completing the last three years of the simulation game. For a complete description on exactly how this is graded, please see the Participant’s Guide on your GLO-BUS website. GLO-BUS – Peer Evaluation Scores of Co-Managers You will be required to complete a peer evaluation of each of your co-managers using the GLO-BUS software program and it will count .8% of your overall grade. GLO-BUS – Company Presentation You will be required to present to the class a report on your GLO-BUS company at the conclusion of the simulation game and it will count 3% of your overall grade. It is important to summarize the efforts you have made during the first half of our course in carrying out the GLO-BUS simulation game. The presentation will be in the form of a PowerPoint presentation and will be given to the business students only in our room A 209. You will also submit an electronic copy of your presentation to me through Blackboard. Please see the file GLO-BUS Company Presentation Requirements found under Course Documents in Blackboard for the requirements of this presentation. 6 MIMIC Weekly Company Reports You will be required to complete a weekly company report regarding that week’s activity concerning your MIMIC Company and it will be worth 9% of your overall grade. It is important in the real world to periodically give progress reports to your supervisor on important projects that you might be working on. This report will be due each Friday and submitted through Blackboard. Please see the file MIMIC Weekly Report Requirements found under Course Documents in Blackboard for the requirements of this weekly report. MIMIC Budget Report You will be required to complete a company budget for your MIMIC Company and it will be worth 6% of your overall grade. It is important to simulate the real world requirement for planning ahead for your company and as such you will be required to complete a budget for your company. This report will be due early in your MIMIC project and must submitted on an Excel file through Blackboard. Please see the file MIMIC Budget Requirements found under Course Documents in Blackboard for the requirements of this report. MIMIC Marketing Presentation You will be required to complete a marketing presentation for your MIMIC Company and it will be worth 12% of your overall grade. It is important to simulate the real world requirement for presenting your marketing plans for your company and as such you will be required to present an oral report to the entire MIMIC class according to the attached schedule. This report will be due late in your MIMIC project and must submitted on a PowerPoint file through Blackboard. Please see the file MIMIC Marketing Presentation Requirements found under Course Documents in Blackboard for the requirements of this report. MIMIC Accounting Presentation You will be required to complete an accounting presentation for your MIMIC Company and it will be worth 12% of your overall grade. It is important to simulate the real world requirement for presenting your accounting results for your company and as such you will be required to present an oral report to the entire MIMIC class according to the attached schedule. This report will be due right after the MIMIC Fair and must be submitted on a PowerPoint file through Blackboard. 7 Please see the file MIMIC Accounting Presentation Requirements found under Course Documents in Blackboard for the requirements of this report. MIMIC Peer Evaluation You will be required to complete a peer evaluation of all of your MIMIC Company comanagers for business as well as the CAD and electronic students and it will be worth 3% of your overall grade. MIMIC Professionalism You will be required to maintain a sense of professionalism when carrying out your MIMIC company responsibilities and it will be worth 6% of your overall grade. Please see the section above entitled “Instructor Expectations” as to the grading criteria. MIMIC Fair You will be required to attend and participate in the MIMIC Fair and it will be worth 12% of your overall grade. Your requirement is to abide by the dress code, attend a minimum of a 2 hour shift, and help out in setting up your table, tearing it down at the end of the fair, and accounting for all fair transactions. XII. ATTENDANCE POLICY Students are expected to be punctual and attend all classes. Class begins at 1:00 PM and ends at 3:25 PM. Participation is necessary in all class discussions and company meetings. If I feel that your absences and/or conduct in the class will interfere with your progress and your ability to successfully complete this course, I have the right to drop you from the course without prior notice. If absence from class or company meetings is unavoidable, it is the student’s responsibility to explain the absence. To receive consideration in extreme situations, you must provide written notification in advance. Additional work may be assigned and is at the discretion of the instructor. It will be the instructor’s decision as to whether the work will be accepted for credit. In addition, points will be deducted. 8 XIII. LATE SUBMISSION POLICY All assignments are due on the date indicated under the section entitled “Assignments and Due Dates” found in this Class Syllabus. ALL ASSIGNMENTS ARE DUE ON THE DATE IDENTIFIED IN THIS DOCUMENT. Since oral group presentations are an integral part of your assessment, it is imperative that you are present on the dates indicated. XIV. EXTRA CREDIT POLICY No extra credit is given in this course; however the instructor reserves the right to add additional assignment(s) as extra credit if considered beneficial to the learning process. XV. PLAGIARISIM AND CHEATING ATTENDANCE POLICY Plagiarism involves using another person’s exact words or thoughts without citing the source in your work. Plagiarism is therefore an illegal act that constitutes a type of theft from another individual. Such actions are not tolerated in the business world and will not be tolerated in class. Whenever exact quotes are used, citing the source of the original material is required. Illinois Valley Community College prohibits plagiarism in any form. Students found plagiarizing or cheating in any way will result in automatically failing the course and/or dismissal from the college. XVI. SPECIAL NEEDS This course is designed to support a diversity of learners. My hope is to create a safe environment for all students. If you want to discuss your learning experience, please talk to me as early in the term as possible. If you know you have, or suspect you have a disability (learning disability, physical disability, or psychiatric disability such as anxiety, depression, bipolar disorder, AD/HD, post-traumatic stress, or others) for which you may need accommodations, please contact the Disability Services Office in B-204. Tina Hardy tina_hardy@ivcc.edu, 224-0284) or Judy Mika Judy_Mika@ivcc.edu or 224-0350) work in that office and can help determine if you are eligible for support. 9 XVII. WITHDRAWAL POLICY AND FINANCIAL AID You may be withdrawn from the class in one of two ways; Instructor initiated – Based on the attendance requirement outlined above, I reserve the right to withdraw a student from class without prior notification. Student initiated - Effective Summer 2011, students will have the ability to initiate a withdrawal from classes. By completing the form in the Records Office or at www.ivcc.edu/withdraw, the student is authorizing IVCC to remove him/her from the course. Entering the student ID number serves as the student’s electronic signature. IVCC has the right to rescind a withdrawal in cases of academic dishonesty or at the instructor’s discretion. Students should be aware of the impact of a withdrawal on full-time status for insurance purposes and for financial aid. It is highly recommended that students meet with their instructor or with a counselor before withdrawing from a class to discuss if a withdrawal is the best course of action for that particular student. The last day to withdraw for this class is April 9, 2015. Any student who has not withdrawn from the class after this date will receive a letter grade! XVIII. COMMUNICATING WITH THE INSTRUCTOR The instructor’s contact information is listed above. You may contact me by phone, in person or email. Whenever contacting the instructor using email, be sure to place your full name in the subject line along with your class number and section. Emails will be responded to within 24 hours except on weekends and holidays. XIX. STUDENT EMAIL Please note: Effective Summer 2011, all students will be responsible for checking their IVCC email. All electronic college correspondence will only be sent to the IVCC email. For information on accessing this account, go to http://www.ivcc.edu/studenthelpdesk.aspx?id=16712.” 10 XX. ONLINE REQUIREMENTS BLACKBOARD All communication, grades, and most course documents will be provided for you through Blackboard. Your instructor will enroll you in your Blackboard class based on the class roster. Please be sure to check Blackboard often for announcements from your instructor concerning all important information for this class. Also, please make sure to verify that your student email account is working. Important announcements may also be emailed to you through Blackboard by your instructor. It is the student’s responsibility to insure that their student email is correct and working properly. TECHNICAL ASSISTANCE The center provides individualized academic assistance to all students utilizing computer technology. The Help Desk Support Staff provides assistance to students in person, on the phone, and via e-mail. Phone: Location: Email: Web Page: Contact Person: 815-224-0318 D201 crc@ivcc.edu http://www.ivcc.edu/crc Michelle Story - Michelle_Story@ivcc.edu If you need assistance with communication tools or software issues, contact our staff. If you are having trouble with your computer, you will need to contact the manufacturer or the store where you bought it. If you are having trouble with your Internet connection, you should contact your Internet Services Provider (ISP). In case you are having difficulty logging into Blackboard or accessing your student email, IVCC has set up a “Known Technical Issues” Page for your convenience. This page is located at http://www.ivcc.edu/its/students/KnownIssues.html. Please call 224-0555 as soon as you detect a problem during regular campus hours. 11 NETIQUETTE In the virtual classroom, you communicate with your classmates and Instructor primarily in writing through the public course bulletin board, e-mail, and sometimes chat sessions. “Online manners” are generally known as “netiquette”. As a general rule, you should adhere to the same classroom conduct that you would “off-line” in a face-to-face course. Some examples of proper netiquette are: ● ● ● ● ● ● ● Avoid writing messages in all capital letters. THIS IS GENERALLY UNDERSTOOD AS SHOUTING. Be careful what you put in writing. Even if you are writing an e-mail message to one person, assume that anyone could read it. Though you may send an e-mail to a single person, it is very easy to forward your message to hundreds or thousands of people. Students use of grammar and spelling matter in all classrooms whether face-to-face or online. Never use profanity in any area of an online course. The transcripts of online course bulletin boards, email, and chat sessions are savable. When responding to messages, only use “Reply to All” when you really intend to reply to all. Avoid unkindly public criticism of others. Publicly criticizing others in an inappropriate way is known as “flaming”. Use sarcasm cautiously, in the absence of nonverbal cues such as facial expressions and voice inflections, the context for your sarcasm may be lost, and your message may thus be misinterpreted. In a face-to-face setting, our tone and facial expressions may convey as much of our meaning as the words we use. In a written message, the subtext of your meaning may be confused or misinterpreted. Please do not use Internet slang abbreviations (e.g., “lol”, “brb”, etc.). Not everyone may understand. Source: How to Succeed in an Online Course: Study Skills and Survival Tips. 6.2.05 http://www.distancelearning.org/howtosucceed.html VIRTUAL CLASSROOM To log in the First Time: 1. 2. 3. Go to http://blackboard.ivcc.edu Follow the instructions. Do Not Forget to Change Your Password once you have logged in successfully! 12 FINAL SPECIAL NOTE: As stated earlier, it is the student’s responsibility to initiate in a withdrawal from this class. The final date for withdraw is April 9, 2015. Anyone remaining after that date will receive a letter grade according to the point structure listed above. 13 XXI. ASSIGNMENTS AND DUE DATES BUS-2260-01 SPRING 2015 ASGN # GLO-BUS JANUARY 1 2 TIME DELIVERY METHOD 01/16/15 01/23/15 11:59 PM 11:59 PM BLACKBOARD BLACKBOARD FRI FRI FRI FRI FRI FRI FRI FRI FRI FRI FRI 01/30/15 01/30/15 01/30/15 02/06/15 02/06/15 02/13/15 02/13/15 02/13/15 02/20/15 02/27/15 02/27/15 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM GLO-BUS GLO-BUS BLACKBOARD GLO-BUS BLACKBOARD GLO-BUS BLACKBOARD BLACKBOARD BLACKBOARD GLO-BUS BLACKBOARD FRI FRI FRI FRI FRI FRI FRI FRI MON 03/06/15 03/06/15 03/06/15 03/20/15 03/20/15 03/27/15 03/27/15 03/27/15 03/30/15 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM 11:59 PM 1:00 PM GLO-BUS GLO-BUS BLACKBOARD GLO-BUS BLACKBOARD GLO-BUS GLO-BUS BLACKBOARD A-209 WEEKLY CO. REPORT WEEKLY CO. REPORT WEEKLY CO. REPORT MRK PRESENTATION WEEKLY CO. REPORT MIMIC FAIR FRI FRI FRI WED FRI WED 04/03/15 04/10/15 04/17/15 04/22/15 04/24/15 04/29/15 11:59 PM 11:59 PM 11:59 PM 1:00 PM 11:59 PM 8:00 AM BLACKBOARD BLACKBOARD BLACKBOARD TBA BLACKBOARD TBA ACCT PRESENTATION MON 05/04/15 1:00 PM TBA MIMIC DAY WEEKLY CO. REPORT WEEKLY CO. REPORT FRI FRI DUE DATE DATE FEBRUARY 3 4 5 6 7 8 9 10 11 12 13 PRACTICE ROUND QUIZ 1 WEEKLY CO. REPORT DECISION 1 - YEAR 6 WEEKLY CO. REPORT DECISION 2 - YEAR 7 WEEKLY CO. REPORT CO. BUDGET WEEKLY CO. REPORT DECISION 3 - YEAR 8 WEEKLY CO. REPORT MARCH 14 15 16 17 18 19 20 21 22 DECISION 4 - YEAR 9 3-YEAR STRATEGIC PLAN WEEKLY CO. REPORT DECISION 5 - YEAR 10 WEEKLY CO. REPORT DECISION 6 - YEAR 11 QUIZ 2 WEEKLY CO. REPORT SIMULATION PRES APRIL 23 24 25 26 27 28 MAY 29 14 XXII. CLASS SCHEDULE (SUBJECT TO CHANGE) BUS-2260-01 SPRING 2015 WEEK 1 Class Meeting # 1 2 2 3 4 5 3 4 5 6 7 8 9 6 7 8 10 11 12 13 14 Day Date Monday Wednesday Monday Wednesday Monday Wednesday 01/12/15 01/14/15 01/19/15 01/21/15 01/26/15 01/28/15 Monday Wednesday Monday Wednesday Monday Wednesday Monday Wednesday 02/02/15 02/04/15 02/09/15 02/11/15 02/16/15 02/18/15 02/23/15 02/25/15 03/02/15 03/04/15 03/09/15 03/11/15 03/16/15 03/18/15 10 15 16 Monday Wednesday Monday Wednesday Monday Wednesday 11 17 18 19 Monday Wednesday Monday 03/23/15 03/25/15 03/30/15 20 21 22 23 24 25 26 Wednesday Monday Wednesday Thursday Monday Wednesday Monday Wednesday 04/01/15 04/06/15 04/08/15 04/09/15 04/13/15 04/15/15 04/20/15 04/22/15 16 27 28 Monday Wednesday 04/27/15 04/29/15 17 29 30 Monday Wednesday 05/04/15 05/06/15 9 12 13 14 15 Activity JANUARY Location Introduction - Class Format A 209 MIMIC meeting TBA MARTIN LUTHER KING DAY - COLLEGE CLOSED MIMIC meeting CAD Lab GLO-BUS Simulation/Practice Round A 209 MIMIC meeting CAD Lab FEBRUARY Simulation - Round 1 A 209 MIMIC meeting CAD Lab Simulation - Round 2, How to create a survey A 209 MIMIC meeting CAD Lab ALL PRESIDENT'S DAY - COLLEGE CLOSED MIMIC meeting CAD Lab Simulation - Round 3, How to create a survey A 209 MIMIC meeting CAD Lab MARCH Simulation - Round 4 A 209 MIMIC meeting, Engineering Presentations TBA SPRING BREAK - COLLEGE CLOSED SPRING BREAK - COLLEGE CLOSED Simulation - Round 5 A 209 MIMIC meeting CAD Lab Simulation - Round 6, How to price your product, simulation presentation requirements A 209 MIMIC meeting CAD Lab Simulation presentations A 209 APRIL MIMIC meeting, Electronics Presentations TBA MIMIC meeting - production CAD Lab MIMIC meeting - production CAD Lab LAST DAY FOR WITHDRAW Marketing presentation requirements/MIMIC meeting A 209/CAD Lab MIMIC meeting CAD Lab Prepare for marketing presentations A 209 Marketing presentation, prepare for MIMIC Fair CAD Lab Accounting presentation requirements, prepare for MIMIC Fair A 209/CAD Lab MIMIC Fair TBA MAY Accounting presentation TBA Final meeting and celebration TBA 15