Page 22: of Marine News Magazine (June 2011)

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Accounting Principles, Financial;

Business 101 – Accounting

Principles, Management; and

Business 310 – Financial

Management. The link to their course catalog is: http://csum.edu/web/faculty-and- staff/academic-catalog • Maine Maritime Academy http://mainemaritime.edu

Offers Ma-211 – Financial

Accounting; Ma-242 – Managerial

Accounting; and Ma-303 Financial

Management. The link to their course catalog is: http://dean.mma.edu.newcatalog/def ault/htm • Massachusetts Maritime

Academy http://maritime.edu

Offers IM-2121 – Accounting I; IM- 2221 – Accounting II; IM-3133 –

Finance I ; IM-3233 – Finance II; and FM-2020 – Financial Analysis for Facilities Managers. The link to their course catalog is: http://www.maritime.edu/uploads/fil es/mmcatalog.pdf • Great Lakes Maritime Academy,

Northwestern Michigan

College http://nmc.edu/maritime

Offers ACC 121 – Accounting

Principles I; ACC 122 – Accounting

Principles II; ACC 221 –

Intermediate Accounting I; ACC 222 – Intermediate Accounting II; ACC 225 - Cost/Management Accounting and after you’ve met all the requisites and find that you like GAAP more than STCW, you can apply for an accounting internship in ACC 290.

The link to their course catalog is: http://www.nmc.edu.programs/cata- log-schedules/pdf • Texas Maritime Academy, Texas

A & M University at Galveston www.tamug.edu

Offers ACCT 229 and 230 –

Introduction to Accounting; FINC 341 – Business Finance; ACCT 315 and 316 – Intermediate Accounting for Non-Accounting Majors; FINC 341 – Business Finance; MARA 342 – Managerial Maritime Finance;

MARA 424 – Economics of

Transportation; ECON 311 – Money and Banking. The link to their course catalog is: http://tamug.edu/cata- log/CAT133PDF’s/CAT133.pdf • Maritime College State

University of New York,

Ft. Schuyler www.sunymaritime.edu

Offers GBAC 311 – Financial

Accounting; GBAC 315 Managerial

Accounting; GBEC 323 – Banking and Financial Markets; GBEC 427

Financial Management; TMGT 8210 – Transportation Managerial

Accounting; TMGT 8220 –

Financial Decision Making in

Transportation; and TMGT 8230 –

Ship Finance. The link to their course catalog is: http://www.sunymar- itime.edu/docu- ments/2010/6/2010DegreeCurricula 07-01-2010_A.pdf

In researching this column, I gained a new appreciation for our young and upcoming mariners as well as our ancient classes of ring-knockers.

While many of their contemporaries were pursuing psychology, poly-sci and other, shall we say less rigorous degrees, our professional mariners were following a curriculum that demanded intelligence, perseverance and a true dedication to the business and science of the sea.

Graduating with a degree from any of the aforementioned schools is an accomplishment to be proud of.

For the rest of us who just need a lit- tle financial education, the resources are no less varied. Uncle Sam offers a “Beginners Guide to Financial

Statements.”

It will school you in the basics so that if you own or work for a compa- ny, and want to judge it’s financial strength and your probability for con- tinued employment, read and under- stand it. As its introductory para- graph says it will “not train you to be an accountant, but should give you the confidence to read financial state- ments and make sense of them.” Go to: http://sec.gov/investor/pubs/begfin- stmtguide.htm

Stanford University also offers a nice little booklet to get you started at: http://stanford.edu/class/msande271 /onlinetools/howtoreadfinancial.pdf

And of course, you can always call a marine-finance consultant for a one- on-one training session or two to help you better understand some of those more arcane/esoteric areas of finance. 22 MN June 2011

FINANCE