Students learn the essential concepts, practices, and quantitative skills necessary for retail planning, buying, and selling. This course covers mathematical topics that pertain to students who are pursuing careers in Fashion Merchandising. These topics include profit and loss statement, retail pricing of merchandise, markups, markdowns, the retail method of inventory, six-month planning, and assortment planning. Students learn the various financial tools that retailers use to evaluate performance. Students will simulate buying decisions and learn how to use technology to assist in retail management.
FNMT 017 or FNMT 019 completed or FNMT 118 (or higher) placement
General Education Fulfillment: Quantitative Reasoning