FSB at Sea Composite:  Female with Toucan bird on her shoulder, a group of students observing an Iguana,  a group of students walking in a tropical setting, two Toucan birds, banana plantation tour, bunches of bananas just harvested, and a tropical forest setting.

Courses and Requirements

The Global Studies programs through the Farmer School of Business are open to all majors at Miami who meet the prerequisites.  Students participating in this program will take ACC 399 (3 credit hours) & MGT 302 (3 credit hours). 

Prerequisites

ISA 201/STA 125/STA 261 and 45 earned hours by December, 2017; 2.60 GPA by August 2017. Students also must meet the FSB Eligibility Policy Standards (see policy).  Please note that priority will be given to FSB majors and rising seniors for this program.  Students must be at least 18 years old by the program departure date.  30 students will be enrolled in this program.

First Semester Expectations

During first semester there will be pre-departure meetings that require mandatory attendance. These meetings will address some course work as well as travel and cultural preparation.

Courses Offered

ACC 399: Management Accounting for the Hospitality Industry (3 credit hours)

Taught by: Dr. Anne Farrell 

The course takes a close look at the management accounting function in the hospitality industry; its relationship to operations and supply chain management functions; and variation in these functions across cultures.  Topics that may be covered include pricing; short-term and long-term cost measurement and management; models of the relationships between demand, prices, costs and profits; budgeting systems; performance measurement, management, and compensation; and monitoring and internal controls.  In addition, the course emphasizes the development of skills and abilities essential for success in any career, including critical thinking; a tolerance for ambiguity; effective written and oral communication skills for a professional environment; understanding the appropriate behavior in a professional environment; and the ability to work with and lead others, including respect for diverse viewpoints and different cultures.  

MGT 302: Introduction to Operations and Supply Chain Management (3 credit hours)

Taught by: Dr. Peter Salzarulo

Pre-requisite: ISA 205/ STA 125/ STA 261

Identification, understanding, analysis, application, and measurement of basic issues encountered in the creation of goods and services for a given firm as well as the strategic and tactical relationships between firms that participate in an effective supply chain. Problems examined through use of cases, lectures, discussions, and computer-based approaches such as simulation, spreadsheets, and problem-solving software.