B.Sc. Accounting and Finance

Prerequisite: No prerequisite required

In this course students will examine how economic tools can be used to understand and predict the behaviour of individual economic agents. The course provides students with a basic overview of the key microeconomic topics including individual consumption behaviour, production, cost, price setting by firms as well as the notion of market failure. The course allows students to develop an understanding of how to use economic tools and models.

Prequisites: GRADE 1 at CXC CSEC Mathematics (General Proficiency) OR an A at Cambridge GCE O’Level Mathematics OR a pass in ECON0101 or the Faculty of Social Sciences’ Mathematics Proficiency Test (MPT).

This is an introductory course in mathematical principles necessary for students pursuing higher level courses in the Faculty of Social Sciences. The aim of the course is to provide students with the foundational knowledge of the key mathematics principles such as sets, functions, basic linear algebra and calculus and their application to the social sciences. The course will be taught primarily through faceto- face lectures but online illustrations and videos may also be incorporated.

Prerequisites: GRADE 1 at CXC CSEC Mathematics (General Proficiency) OR an A at Cambridge GCE O’Level Mathematics OR a pass in ECON0101 OR the Faculty of Social Sciences’ Mathematics Proficiency Test (MPT)

This course introduces students to the statistical principles necessary for students pursuing higher level courses in the Faculty of Social Sciences. The aim of the course is to enable students to develop the foundational knowledge of the key statistical concepts such summarizing data, probability, inference and regression. It is organised around four main statistical concepts: Descriptive statistics, Probability, Inference and Estimation. Excel will be used to illustrate the concepts introduced in class.

Prerequisite: No prerequisite required

This course introduces students to the role and functioning of the financial services sector; that is the peculiarities of financial systems. Banks and financial institutions in any economy encounter various financial issues as a consequence of the unique role that money and finance plays in the economy and hence the operation and management in banks and non-bank financial entities as well as the management of their respective portfolios are essential areas of study in this course. Further, students will explore the financial risks facing such institutions and their regulation with particular reference to Caribbean financial centres as well as be introduced to important concepts with regards to the evaluation of the real assets investments undertaken by firms.

The primary objective of this course is to provide a thorough exposure to financial accounting fundamentals as they relate to today’s business world. It is designed mainly for students who have little or no knowledge of financial accounting. The following topics will be addressed: the basic accounting process; accounting systems and controls; accounting for assets and liabilities; partnerships and corporations; additional financial reporting issues.

This course deals with the basics, major concepts and principles of computers and computing. Topics covered will include: evolution and classification of computers, computer hardware, software and data communications; computer data processing; programming and programming languages; microcomputers in business, computer security and controls

This course deals with the role, practice, importance and social responsibility of management in contemporary society. The topics to be covered include: overview of the management task and approaches to managing; nature, importance and types of objective; fundamentals of planning; organizing for effective performance; the control process; staffing and human resource management; leadership and decision-making; Production and Operations Management; social responsibility of management and international influences on management

This course is designed to equip students across the disciplines (and particularly Social
Sciences, Law, and Science and Technology) with skills in, business, technical and scientific
writing.
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Writing effective arguments, writing problem solution arguments, arguing for
action and proposing solutions;
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Writing to persuade: subjective/objective viewpoints - use of logic versus
emotive expression; methods of refutation Writing business, technical and
scientific documents describing and writing project proposals
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Writing from research in the field: designing and using surveys, questionnaires,
interview schedules and so forth-understanding, analyzing and using the
language of business technical innovations in vocabulary etc.
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Assessment: 100% coursework - continuous assessment consisting of selection
of five or six written assignments on the major segments of the course.

This course is intended to provide students with an exposure to cost and managerial accounting emphasizing four major themes as follows: (i) Cost Accumulation; (ii) Determining appropriate cost techniques; (iii) Planning and (iv) Control. The topics covered will include: managerial accounting and business segments; cost accounting terminology; classification and systems; management reporting; job-order costing; process joint and by-product costing; absorption vs. direct costing and the contribution approach; introduction to budgeting; flexible budgets and standard costs; variance analysis; managerial accounting and not-for-profit organizations; departmental costing and cost allocation; cost-volume-profit analysis; relevant costing and capital budgeting; the pricing decision, transfer pricing and alternative performance measures.

Prerequisite: ECON1003: Mathematics for Social Sciences I OR CAPE Mathematics

This course illustrates how mathematical techniques are used to understand business, economic or any social sciences phenomena. It extends on Mathematics for Social Sciences I/CAPE Pure Mathematics, exposing participants to further linear algebra (e.g. vector spaces, normalization, dependence; linear transformations, Eigen values and Eigen vectors) and calculus (e.g. optimization, integration and differential equations). Greater emphasis is placed on the application of these topics in various social sciences fields such as: economics, finance, management, accounting, sociology, political science and psychology.

The overall aim of the course is to develop the ability of students to engage in an informed manner in public discourse on matters pertaining to the impact of science, medicine and technology on society. The course will help students to appreciate the essential characteristics of the scientific method as a mode of enquiry into nature and to understand why it provides the foundations of the technological world. (Students in the Faculty of Science and Technology cannot take this course)