ENGL 111 - Communications
| Hours:45:0:0 |
Credits:3 |
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This course aims to help students improve all their communication skills: writing, reading, speaking, and listening. The main emphasis, however, is on writing skills. Students write an expository and a persuasive essay, summarize written text, and apply principles of clear and correct writing to their own compositions. Students learn research and documentation strategies and strengthen and expand their writing skills so that they can write more effectively for a variety of audiences and purposes. Students may choose from a number of delivery options that include classroom and online sections. |
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MGMT 107 - Business Computing
| Hours:45:0:0 |
Credits:3 |
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Students use the Windows operating system to develop foundational skills in the areas of file management, word processing, spreadsheets, presentation software, and emerging technologies to support subsequent courses in their university career and to prepare them for the business world. Projects emphasize problem solving, data analysis, and the use of Internet communication tools. |
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MGMT 121 - Principles of Management
| Hours:45:0:0 |
Credits:3 |
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Students examine the theories and practice of the role of a manager in a Canadian organizational setting and within the global business environment. Discussions and activities focus on the functions and roles of management as they relate to both the organization's specific resources and capabilities internally and forces and institutions outside the organization that potentially affect the organization's performance. Students also develop and utilize problem-solving and decision-making skills both individually and in small groups. |
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INSR 101 - Insurance Principles and Practices
| Hours:45:0:0 |
Credits:3 |
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Students develop an understanding of basic insurance principles and the primary benefits insurance contributes to society. Students are introduced to legal concepts and the legal environment in which insurance operates. They examine an insurance contract and are introduced to the legal elements required of all legally binding contracts. They explore the concepts of risk and its relationship to insurance. The role of risk management and the risk management process are introduced. Students examine insurance application forms, policies, binders, claims forms, and other documents common to the industry. Students differentiate between the various organizational forms of insurance companies and brokerages and are introduced to the reinsurance companies and the role they perform in the marketplace. They also develop an understanding of the types and methods of reinsurance. |
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INSR 203 - Automobile Insurance
| Hours:45:0:0 |
Credits:3 |
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Students are introduced to automobile insurance practices including application forms, policy wordings and endorsements. Students examine insurance programs for insurance availability, provincially governed indemnity funds, as well as automobile insurance rating and marketing. This course focuses primarily on automobile insurance provision in Alberta, but students are also introduced to the various government plans as well as the Quebec and Ontario plans. |
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LEGL 210 - Business Law I
| Hours:45:0:0 |
Credits:3 |
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Students are introduced to the Canadian legal system and substantive areas of law that are of special interest to the business student. Topics of study include tort, contract, business ethics, agency, partnership and corporations. The student acquires a general knowledge of some of the basic principles of business law and is able to apply them to everyday business situations. Note: Students can obtain credit in only one of LEGL 105 and LEGL 210. |
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FNCE 113 - Intro to Quantitative Decision
| Hours:45:0:0 |
Credits:3 |
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Students are introduced to quantitative techniques commonly used in managerial decision-making. Students focus on the applications of these techniques to major decision-making areas of business including accounting, economics, finance, insurance, marketing, management, supply chain, and human resources. Topics include: the use of ratios, proportions, percents, and equations to solve business problems, simple and compound interest, analysis and interpretation of the time value of money, progressions and their applications in finance, linear programming and optimization, and break-even analysis. |
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MGMT 122 - Organizational Behaviour
| Hours:45:0:0 |
Credits:3 |
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Students examine the impact of individuals and groups on behaviour within organizations. Students work individually and in groups to explore introductory theories and practice of personality and perception, diversity, motivation, small group dynamics, communication, change and leadership within the organizational context. |
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INSR 202 - Property Insurance
| Hours:45:0:0 |
Credits:3 |
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This course is an introduction to property insurance. Students examine the basic fire insurance policy and the extended coverage endorsement. Students are introduced to mortgage clauses, limitation clauses, including co-insurance, and statutory conditions relating to property insurance. Using basic form insurance policies, students examine how policy wordings are adapted and expanded to cover the various needs of the consumer such as homeowner's policies, residential condominium insurance and other miscellaneous coverages. Students are also introduced to commercial building, equipment and stock policy forms. This course explores current insurance issues concerning terrorism, mould and computer-related problems. |
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INSR 211 - Essentials of Loss Adjusting
| Hours:45:0:0 |
Credits:3 |
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Students develop an understanding of insurance and professional conduct within the claims domain. Students examine soft skills and technical skills required to handle insurance claims. Through a step-by-step process, students move from understanding to application, analysis, synthesis and evaluation of hypothetical claims scenarios in order to determine: a) if coverage exists, and b) how much of the claim is payable. The types of claims include automobile, property and liability. |
| Prerequistie: INSR 101 or equivalent. |
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INSR 204 - Liability Insurance
| Hours:45:0:0 |
Credits:3 |
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Students examine important legal principles affecting liability insurance, including the basis for legal liability (common law, statutory and contractual). The Commercial General Liability Policy forms the basis for student learning in insurance contract analysis. Cases are used to apply hypothetical liability claims to determine coverages. Other coverages include products liability, workers' compensation, employers’ liability and environmental liability. The course includes a brief discussion of underwriting and rating of liability insurance. |
| Prerequisites: INSR 101. |
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INSR 205 - Risk Management and Insurance
| Hours:45:0:0 |
Credits:3 |
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Students are introduced to the risk management process. They examine objectives, identify and analyze exposures, and formulate alternatives for dealing with identified exposures. Students describe in detail the methods for managing risk: loss control, loss financing, retention and transfer of risks. Commercial property, liability, business interruption and business package policies are also examined. |
| Prerequisites: INSR 101 |
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INSR 212 - Underwriting Essentials
| Hours:45:0:0 |
Credits:3 |
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The underwriter’s role as an investor of shareholder capital on behalf of the insurer is explored. Students examine the role of the underwriter in accepting or rejecting risk for the insurer within parameters both set by the insurer and imposed by the external environment. Consideration is given to the many types of detailed knowledge, the “hard” and “soft” skills, and the temperament of an underwriter needed to perform effectively and efficiently. These characteristics are applied in the analysis of individual property, liability, and automobile risks. |
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ACCT 111 - Financial Accounting I
| Hours:45:0:0 |
Credits:3 |
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Students are introduced to fundamental accounting principles, concepts and techniques. The course provides an overview of the accounting cycle from the initial recording of transactions through to the preparation of financial statements for merchandising and service businesses that are organized as proprietorships, partnerships or corporations. Internal controls for cash, calculating and recording of payroll, sales taxes and some alternate inventory cost flow assumptions are other topics that are examined in detail. |
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MGMT 131 - Marketing
| Hours:45:0:0 |
Credits:3 |
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Students examine basic decisions made by business in developing, distributing, promoting, and pricing of goods and services. Students learn to analyze buyer decision processes and to convert this information into reasonable marketing strategies. Through readings and projects, students acquire basic knowledge of the methods available for solving marketing problems. |
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ACCT 218 - Management Accounting I
| Hours:45:0:0 |
Credits:3 |
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Students gain an understanding of the managerial accounting tools used for planning, directing and controlling an organization. This course covers topics and concepts such as cost behaviour, costing methods, cost-volume-profit analysis, budgeting, relevant costs, segment reporting and performance measurement. Familiarity with spreadsheets is an asset in this course. |
| Prerequisites: ACCT 111. |
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INSR 210 - Essential Skills for the Insurance Broker and Agent
| Hours:45:0:0 |
Credits:3 |
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Students develop an understanding of insurance business practices from the broker’s perspective. This skills-based course concentrates on the needs of personal lines clients and small commercial risks. Students examine the role of an agent or of a broker as an insurance intermediary. The progress of a risk from initial contact with the client through the evaluation and application process, to binding and policy documents is traced. Major product lines and common policy transactions that a broker or agent handles on a daily basis are examined. |
| Prerequisites: INSR 101 or equivalent. |
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ORGA 330 - Managerial Skill Development
| Hours:45:0:0 |
Credits:3 |
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Students explore theoretical concepts that support practical training in the key competencies required for managerial success. Student demonstration and application of managerial skills and concepts in field research situations are important components of this course. |
| Prerequisites: ORGA 201 or MGMT 121 and MGMT 122. |
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MGMT 231 - Sales
| Hours:45:0:0 |
Credits:3 |
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Students explore the philosophies and approaches to the personal selling process. The course emphasizes the benefits of developing a consultative approach to selling. Focusing on the customer and not on the transaction is the fundamental element in developing long-term business relationships, providing value and establishing differentiation in the marketplace. |
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ECON 101 - Introduction to Microeconomics
| Hours:45:0:0 |
Credits:3 |
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This course will provide an introductory investigation to supply and demand analysis: the theory of production, costs, and price determination under competitive and non-competitive market conditions. Emphasis is given to the Canadian economy. |
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