A.S. Associate of Science with a Concentration in Business
B.S. Bachelor of Science in Business
B.S. Bachelor of Science in Economics

Associate of Science with a Concentration in Business

Students may earn an associate degree offered by the School of Business and Economics in the field of business. This program is designed for those students desiring less than a four-year university education but who, upon completion of two years of university work, will possess minimum employable skills in the area of business.

The general requirements for the associate program include:

• Admission as a regular student to IUSB and completion of all orientation examination requirements.
• Completion of a minimum of 60 credit hours with at least the last 30 credit hours completed at IUSB and with at least 15 credit hours at one Indiana University campus (correspondence study courses do not satisfy residence requirements).
• A minimum cumulative grade point average of 2.0 (C).
• A minimum grade of C in any of those courses marked with an asterisk (*).

Because all the courses required in the associate program are standard university credit courses, students may apply these credit hours toward an appropriate four-year degree program.

For the Associate of Science in Business, the following general education and area concentration courses are required:

I. General Education Courses (24 cr.)

(All courses are 3 cr. hours unless otherwise designated.)

Communications (6 cr.)

ENG W131 Elementary Composition *
SPCH S121 Public Speaking

Behavioral Sciences (3 cr.)

One of the following:
PSY P103 General Psychology
SOC S161 Principles of Sociology

Science (3 cr.)

Choose any course from the following departments:
Anatomy and Physiology
Astronomy
Biology
Chemistry
Geology
Microbiology
Physics
Plant Science
Zoology

Social Science (3 cr. )

Choose any course from the following departments:
Anthropology
Economic History courses offered by the Department of Economics
Geography
Linguistics
Political Science
Psychology (excluding the course counted in Behavioral Science)
Sociology (excluding the course counted in Behavioral Science)

Mathematics (3 cr.)

MATH M118 Finite Mathematics *

Arts and Humanities (6 cr.)

Choose courses from the following:
Afro-American Affairs
Comparative Literature
English (excluding ENG W131 Elementary Composition)
Fine Arts
Folklore
History
History and Philosophy of Science
Music History and Literature courses offered by the School of the Arts prefixed M, excluding MUS M176 Auditorium Series I and MUS M177
Auditorium Series II
Philosophy
Religious Studies
Speech (excluding SPCH S121 Public Speaking or courses counted in communications)
Theatre and Drama

Second-, third-, and fourth-year courses in the following departments:

Classical Studies
East Asian Languages and Literature
French and Italian
Germanic Languages
Near Eastern Languages and Literature
Slavic Languages and Literature
Spanish and Portuguese

II. Concentration Courses (27 cr.)

BUS A201 Introduction to Financial Accounting *
BUS A202 Introduction to Managerial Accounting *
BUS F260 Personal Finance 2
BUS K201 The Computer in Business *
BUS L201 Legal Environment of Business *
BUS W100 Business Administration: Introduction 1
ECON E103 Introduction to Microeconomics *
ECON E104 Introduction to Macroeconomics *
ECON E270 Introduction to Statistical Theory in
Economics and Business *

Electives (9 cr.)

Students who plan on pursuing a four-year program in business are encouraged to select:

ENG W231 Professional Writing Skills
MATH M119 Brief Survey of Calculus I

And one of the following (whichever one was not selected under behavioral sciences):

PSY P103 General Psychology
SOC S161 Principles of Sociology

Students must attain a minimum cumulative grade point average of 2.0 (C) in all of the above courses and not less than a grade of C (not C–) in any of those courses marked by an asterisk (*).

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Bachelor of Science in Business

All undergraduate curricula for students majoring in business administration consist essentially of three parts: the general education core, the basic business administration core, and the professional courses for a specific concentration.

The following is a list of the courses and credit hours that all undergraduate curricula require in each of these areas. In certain curricula concentrations, specific general education courses are required within the seven groups of courses listed.

General Education Core Courses

(All courses are 3 cr. hours unless otherwise designated.)

I. Communications (9 cr.)

ENG W131 Elementary Composition
ENG W231 Professional Writing Skills
SPCH S121 Public Speaking

II. Mathematics (6 cr.)

MATH M118 Finite Mathematics

One of the following:

MATH M119 Brief Survey of Calculus I
MATH M215 Analytic Geometry and Calculus I (5 cr.)

III. Behavioral Science (6 cr.)

PSY P103 General Psychology
SOC S161 Principles of Sociology

IV. Arts and Humanities (9 cr.)

Select from the following departments:

Afro-American Affairs
Comparative Literature
English (excluding ENG W131 Elementary
Composition and ENG W231 Professional Writing Skills)
Fine Arts
Folklore
History
History and Philosophy of Science
Music History and Literature courses offered by the School of the Arts prefixed M, excluding MUS M176 Auditorium Series I and MUS M177
Auditorium Series II
Philosophy
Religious Studies
Speech (excluding SPCH S121 Public Speaking or courses counted in Group I-Communications)
Theatre and Drama

Second-, third-, and fourth-year courses in the following departments:

Classical Studies
East Asian Languages and Literature
French and Italian
Germanic Languages
Near Eastern Languages and Literature
Slavic Languages and Literature
Spanish and Portuguese

V. Social Sciences (6 cr.)

Select from the following departments:

Anthropology
Economic History courses offered by the Department of Economics
Geography
Linguistics, Political Science, Psychology (excluding the course counted in group III-Behavioral Science)
Sociology (excluding the course counted in group III-Behavioral Science)

VI. Sciences (5 cr.)

Select from the following departments:

Anatomy and Physiology
Astronomy
Biology
Chemistry
Geology
Microbiology
Physics
Plant Science
Zoology

VII. General Education Electives (12 cr.)

Courses chosen from throughout the university excluding business, economics, technical, and general studies courses; foreign language courses are highly recommended.

Core Courses

(All courses are 3 cr. hours unless otherwise designated.)

Freshman Year

BUS K201 The Computer in Business
ECON E103 Introduction to Microeconomics
ECON E104 Introduction to Macroeconomics

Sophomore Year

BUS A201 Introduction to Financial Accounting
BUS A202 Introduction to Managerial Accounting
BUS L201 Legal Environment of Business1
ECON E270 Introduction to Statistical Theory in Economics and Business

Junior Year

BUS D300 International Business Administration
BUS F301 Financial Management
BUS K321 Management Information Systems
BUS M301 Introduction to Marketing Management
BUS P301 Operations Management
BUS X310 Business Career Planning and Placement
BUS Z302 Managing and Behavior in Organizations

Senior Year

BUS J401 Administrative Policy

Business Concentrations

In addition to fulfilling the general education requirements and the basic business administration core requirements previously listed, students must select one or more of the following business concentrations:

Accounting
Advertising
Finance
Human Resource Management
Management and Administration
Marketing

Suggested Program for Bachelor of Science in Business

(All courses are 3 cr. hours unless otherwise designated.)

Freshman Year (31 cr.)

BUS K201 The Computer in Business
ECON E103 Introduction to Microeconomics
ECON E104 Introduction to­ Macroeconomics
ENG W131 Elementary Composition
MATH M118 Finite Mathematics
MATH M119 Brief Survey of Calculus I
PSY P103 General Psychology
SOC S161 Principles of Sociology
SPCH S121 Public Speaking
General education courses (4 cr.)

Sophomore Year (31 cr.)

BUS A201 Introduction to­ Financial Accounting
BUS A202 Introduction to Managerial Accounting
BUS L201 Legal Environment of Business1
ECON E270 Introduction to Statistical Theory in Economics and Business
ENG W231 Professional Writing Skills
General education courses or electives (16 cr.)

Junior Year (31 cr.)

BUS D300 International Business Administration
BUS F301 Financial Management
BUS K321 Management Information Systems
BUS M301 Introduction to Marketing Management
BUS P301 Operations Management
BUS X310 Business Career Planning and Placement
BUS Z302 Managing and Behavior in Organizations
Concentration requirements or electives (12 cr.)

Senior Year (30 cr.)

BUS J401 Administrative Policy
Electives and concentration requirements (27 cr.)

Accounting

The accounting curriculum prepares students for positions as accountants, auditors, controllers, income tax accountants, financial statement analysts, cost accountants, budget officers, and governmental or institutional accountants. In addition, it equips the prospective business executive with a tool for intelligent analysis, prediction, decision making, and control.

The accounting curriculum also provides excellent background for the student planning to pursue graduate work in business administration or law.

Accounting graduates who meet requirements of the State Board of Certified Accountants of Indiana are eligible to sit for the Uniform CPA Examination in Indiana. Those who wish to engage in public accounting practice should familiarize themselves with the rules and regulations issued by the Indiana State Board of Public Accountancy, 912 State Office Building, Indianapolis, Indiana 46204. Students planning to practice outside Indiana should consult the CPA board of their state of residence.

Concentration Requirements

(All courses are 3 cr. hours unless otherwise designated.)

Junior and Senior Years

BUS A311 Intermediate Accounting I
BUS A312 Intermediate Accounting II
BUS A325 Cost Accounting
BUS A328 Introduction to Taxation
BUS A337 Accounting Information Systems
BUS A424 Auditing and Assurance Services
SPCH S223 Business and Professional Speaking

Two of the following:

BUS A335 Accounting for Government and Not-For-Profit Entities
BUS A339 Advanced Income Tax
BUS A425 Contemporary Accounting Theory
BUS L303 Commercial Law II

Advertising

The advertising curriculum provides an educational foundation for those preparing for careers in which advertising may play a major role. Such careers include work in the management of advertising; advertising sales; product management with those firms where strong emphasis is placed on advertising; or specialized areas of copy, layout, design, or production.

Employment in these careers may be with advertising departments of manufacturing, distributing, or retailing firms; with media, including television stations, newspapers, or magazines; with advertising agencies; or with companies dealing in specialized aspects of advertising and sales promotion.

Because the advertising function in a business firm constitutes part of a total marketing program, the advertising curriculum provides, first of all, a base of general business and marketing studies. The capstone of this program is a modest degree of specialization in advertising courses.

Concentration Requirements

(All courses are 3 cr. hours unless otherwise designated.)

Junior and Senior Years

BUS M303 Marketing Decision Making
BUS M405 Buyer Behavior
BUS M415 Advertising and Promotion Management
BUS M418 Advertising Strategy

One of the following:

BUS M401 International Marketing
BUS M426 Sales Management
BUS M450 Marketing Strategy

One of the following:

ENG W203 Creative Writing
FINA S250 Graphic Design I
JOUR C200 Introduction to Mass Communications
SPCH S233 Introduction to Public Relations

Electives

Students following the advertising curriculum are urged to select additional work in behavioral science and should select advanced general education and advertising work in consultation with their advisor. The advertising electives selected should be relatively limited in number and in line with abilities and career interests.

Finance

Students graduating with a finance concentration will be prepared for entry-level positions in finance. This includes positions in financial institutions such as commercial banks, savings and loans, credit unions, brokerage and investment banking firms, investment advisory organizations, insurance companies, mutual funds and pension funds. In addition to opportunities in the financial services industry, extensive employment opportunities exist in the corporate sector as well as in government.

Concentration Requirements

(All courses are 3 cr. hours unless otherwise designated.)

Junior and Senior Years

BUS F302 Financial Decision Making
BUS F345 Money, Banking, and Capital Markets
BUS F420 Investment
BUS F444 Applications in Financial Management

Three of the following:

BUS A311 Intermediate Accounting I
BUS A312 Intermediate Accounting II or
BUS A325 Cost Accounting
BUS F423 Topics in Investment
BUS F490 Independent Study in Finance (cr. arr.)
BUS F494 International Financial Management

Human Resource Management

Our curriculum acquaints students with modern human-resource management in its broadest sense. Included are the traditional areas of labor and employee relations, compensation and benefits, and selection and development. In addition, the student becomes familiar with the latest advances in the behavioral sciences and their implications for a complete human-resource program. We designed the program in human resource management for students whose career objectives encompass the field of human resources. From its early beginnings as a staff function involving the maintenance of records and the administration of benefit programs, personnel administration has grown and expanded to encompass the total development and utilization of human resources in organizations. While company titles may vary from vice president of industrial relations to vice president for organization planning and development, there are few firms of any size or consequence today that do not have a human resources specialist reporting directly to the company’s highest level. This practice reflects the awareness that its human resources are an organization’s greatest asset.

Most organizations of any size or consequence have a human-resource specialist, a position reporting to the company's highest level. Our curriculum, with its emphasis on ethics and organizational change reflects the universal importance of the human-resource function.

Concentration Requirements

(All courses are 3 cr. hours unless otherwise designated.)

Junior and Senior Years

BUS J404 Business and Society

BUS W430 Organizations and Organizational Change

BUS Z440 Topics in Human Resources Management
BUS Z404 Effective Negotiation

BUS Z441 Compensation and Benefits
BUS Z444 Selection and Development
 

Management and Administration

Objectives at the undergraduate level are to provide a broad, liberal education as a base and to develop proficiency in understanding and solving interrelated business problems.

Concentration Requirements

(All courses are 3 cr. hours unless otherwise designated.)

Junior and Senior Years

BUS W430 Organizations and Organizational Change
BUS Z440 Human Resources Management

Four of the following:

BUS A325 Cost Accounting
BUS F302 Financial Decision Making
BUS F420 Investment
BUS J404 Business and Society
BUS L303 Commercial Law II
BUS M303 Marketing Decision Making
BUS M450 Marketing Strategy
BUS N300 Principles of Risk and Insurance
BUS R300 Principles of Real Estate
BUS W311 New Venture Creation
BUS W406 Venture Growth Management
BUS W408 Practicum in Small Business
ECON E304 Survey of Labor Economics
ECON E305 Money and Banking
ECON E308 Public Finance: Survey
ECON E315 Collective Bargaining, Practices, and Problems
ECON E321 Intermediate Microeconomic Theory I
ECON E322 Intermediate Macroeconomic Theory II

Within the above concentration, a student may elect a special emphasis on small business and entrepreneurship. To earn this distinction, students must complete the following:

BUS W311 New Venture Creation
BUS W406 Venture Growth Management
BUS W408 Practicum in Small Business

Marketing

The marketing curriculum endeavors to provide the business community with broadly trained people who can approach problems with a clear understanding both of marketing and of the interrelationships of marketing with other functions of the firm. Students planning careers in marketing research and information systems, advertising, retailing, or sales management normally major in marketing and then may pursue within the curriculum additional specialization in the area of their vocational interest.

Concentration Requirements

(All courses are 3 cr. hours unless otherwise designated.)

Junior and Senior Years

BUS M303 Marketing Decision Making
BUS M401 International Marketing
BUS M405 Buyer Behavior
BUS M450 Marketing Strategy

One of the following:

BUS M415 Advertising and Promotion Management
BUS M426 Sales Management

Electives

Marketing majors are urged to consider work in the behavioral sciences, economics, and quantitative areas. Electives in marketing include all 400-level marketing courses.

Outside Minor in Busines for Non-Business Majors

Students who are pursuing a four year degree in non-business programs may combine formal study in business with their stated major by concurrently completing an outside minor in business. Students who select this program must notify their advisor and the School of Business and Economics advisor before the end of their junior year.

(All courses are 3 cr. hours unless otherwise designated.)

Requirements (18 cr.)

BUS A201 Introduction to Financial Accounting
BUS F260 Personal Finance
BUS L201 Legal Environment of Business
BUS W100 Business Administration: Introduction (must be taken in the freshman or sophomore year)
ECON E103 Introduction to Microeconomics

Select one of the following courses (after completing required prerequisites):

BUS F301 Financial Management BUS J404 Business and Society
BUS M301 Introduction to Marketing Management
BUS P301 Operations Management
BUS Z302 Managing and Behavior in Organizations

Students must attain a minimum cumulative grade point average of 2.0 (C) in all the above courses and not less than a C grade in each course. These courses can not be taken by correspondence study.

Students who do not plan to complete the minor in business but who wish to supplement their major in the school with a small number of business courses in a single business area–such as accounting, finance, marketing, or other specialized study–should select business and economics courses in consultation with an advisor from the School of Business and Economics.

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Bachelor of Science in Economics

General Program

This program is designed for the student who desires to gain an appreciation for how the economic system functions. The economics program provides an excellent foundation for the student who intends to work in business, government, or the nonprofit sector and for the student who wants to pursue graduate-level training in law, public administration, business administration, or other professional areas.

(All courses are 3 cr. hours unless otherwise designated.)

Economics Requirements (26 cr.)

ECON E103 Introduction to Microeconomics
ECON E104 Introduction to Macroeconomics
ECON E270 Introduction to Statistical Theory in Economics and Business
ECON E321 Intermediate Microeconomic Theory I
ECON E322 Intermediate Macroeconomic Theory II
ECON E470 Introduction to Econometrics
ECON E490 Advanced Undergraduate Seminar in Economics (4 cr.)

Mathematics Requirements (6 cr.)

MATH M118 Finite Mathematics
MATH M119 Brief Survey of Calculus I (or equivalent)

Other Economics Requirements (6 cr.)

Two of the following:

ECON E304 Survey of Labor Economics
ECON E305 Money and Banking
ECON E308 Public Finance: Survey
ECON E430 International Economics

Electives

Include courses to satisfy College of Liberal Arts and Sciences general education requirements for the Bachelor of Arts degree, except that no foreign languages are required for either of the Bachelor of Science in Economics degrees.

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