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Robert H. Ducoffe, Dean
Office: Administration Building 204B
Telephone: (574) 520-4346
Internet Address: www.iusb.edu/~buse
Professors: D. Agbetsiafa, Aghimien, T. Anderson, Ducoffe, Espahbodi, M. Fox, Herschede, Knowles,
Kohli, Lee, Mehran, Naffziger, Sabbaghi, Schwartz, Vollrath, Wrenn
Associate Professors: L. Blodgett, Chari , Fred, B. Kern, G. Kern, Norton, Saksena
Assistant Professors: Black, K. Chang, David, J. Guan, Li, Pathak, Vaidyanathan
Lecturers: Phillips, K. L. Smith
Faculty Emeriti: Albert, Bartholomew, Harriman, Kochanowski, Peck, Swanda, Tawadros, Withey
Associate Dean: Sabbaghi
Assistant Dean and Director of Graduate Studies: Saksena
Area Chairs: Aghimien, M. Fox, Herschede, Lee, Mehran, Sabbaghi
Director of Administrative and Student Services: P. Agbetsiafa
Academic Advisor: Coleman
Vision Statement
We aspire to be one of the best regional business schools in the nation. We will achieve this distinction by striving to:
- Educate students for successful careers in business management.
- Provide high quality business programs that are intellectually grounded, innovative, integrative, and application oriented.
- Maintain mutually beneficial relationships with regional businesses.
Mission Statement
The School of Business and Economics at IU South Bend shall offer high quality educational programs that provide functional knowledge, skills, and capabilities to a diverse student body and enable them to succeed in a dynamic business environment. Even though we emphasize superior instruction, we also value scholarship, as well as service to the community at large. As a state-assisted institution, we shall serve as a professional resource for communities in north central Indiana and southwestern Michigan . We pursue these ends and continuously strive for academic excellence through an intellectually active faculty. It is our intention to maintain an exceptional faculty engaged in relevant applied, instructional, and basic research and actively involved in public, professional, and institutional service.
To our students (past, present, and potential), we shall provide outstanding instruction by dedicated faculty; well established, affordable Indiana University degrees in business and economics; and reputable undergraduate and graduate programs consistent with the highest levels of professional standards. We shall provide these within a comprehensive university system, accessible to traditional, nontraditional, minority, and international students who are prepared to compete in a global business environment.
To our faculty we shall provide an intellectually stimulating environment that enhances instruction, scholarship (applied, instructional, and basic), and service, thereby benefiting both our students and our community.
To the community we shall serve as a highly regarded educational and training source for current and future employees and as a well-respected, responsive, and continuing professional resource for profit and not-for-profit organizations and the community at large.
General Information
Accreditation
The IU South Bend School of Business and Economics measures its quality against the highest standard in business education: AACSB International - The Association to Advance Collegiate Schools of Business.
Established in 1916, the AACSB International is the premier accrediting agency for bachelor's, master's, and doctoral degree programs in business administration and management. IU South Bend stands among only 22 percent of national collegiate business programs that have achieved the level of excellence necessary to earn AACSB International accreditation. IU South Bend's professional colleagues include the AACSB International founders; the University of Chicago , the University of Pennsylvania , Northwestern University , and Yale University .
The Bureau of Business and Economic Research
The Bureau of Business and Economic Research (BBER) supports research activities of the School of Business and Economics and provides business and economic expertise to the public in the Michiana region, including government, business, and nonprofit organizations. The BBER maintains a database of local economic indicators, publishes a quarterly report on the local economy, conducts research on local and regional issues, and serves as a vital source of information on regional economic activity.
Entrepreneurship Program
The School of Business and Economics maintains an active and high profile role with the small business sector of the economy through the activities of its Entrepreneurship Program. In addition to credit courses available to students pursuing business degrees, the Entrepreneurship Program offers a symposia series to the community, and oversees a program of student advising to small business clients. Faculty and students also enjoy regular involvement with the Collegiate Management Assistance Program of the Small Business Development Center .
Student Organizations
The faculty of the school recognize that student organizations contribute greatly to the programs of the school. Some of these organizations are honorary in nature and facilitate recognition of outstanding performance. These organizations include Beta Gamma Sigma, the honorary business society; Omicron Delta Epsilon, the honorary economics society; and International Honor Society of the Financial Management Association, the honorary finance society. Organizations such as the Accounting Association, American Advertising Federation, American Marketing Association, Society for Human Resource Management, Economic Forum, and Financial Management Association enable students to develop their interests in various fields through extracurricular programs.
Beta Gamma Sigma
Beta Gamma Sigma is the national honor society for business students. Membership in this organization is the highest scholastic honor that a business student can attain. Membership is restricted to students of high scholarship in institutions with programs accredited by the AACSB International. To be eligible for membership, business majors of junior standing must have a cumulative grade point average of 3.8 or higher and completion of a minimum of 70 credit hours with at least 45 credit hours at Indiana University; seniors must have a cumulative grade point average of 3.65 or higher and completion of at least 45 credit hours at Indiana University; and graduate students must have a cumulative grade point average of 3.75 and at least 27 graduate hours completed.
Student Awards
The following awards are made to students in the School of Business and Economics:
- Excellence Award to one student in each of the major areas: accounting, advertising, banking, economics, finance, human resource management, international business, general business, marketing, management information systems, and small business and entrepreneurship.
- Indiana Association of Certified Public Accountants, Inc.
Award.
- Wall Street Journal Award.
Graduation with Distinction
Honors for excellence in scholarship are awarded at commencement to a limited number of students graduating with the degree Bachelor of Science in Business. The number so honored will not exceed 10 percent of the graduating class in the school for that year. Graduates whose minimum grade point averages are 3.9 and who complete at least 60 credit hours at IU South Bend are graduated with highest distinction; those whose minimum grade point averages are 3.8 and who complete at least 60 credit hours at IU South Bend are graduated with high distinction; and those whose minimum grade point averages are 3.65 and who complete at least 60 credit hours at IU South Bend are graduated with distinction. Graduates receiving these honors have them so noted on their diplomas and in the commencement program and are eligible to wear the cream and crimson fourragére at commencement.
Associate of Science 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, possess minimum employable skills in the area of business.
General requirements for the associate degree include:
- Admission as a regular student to IU South Bend 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 IU South Bend 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 degree 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 (28 cr.)
(All courses are 3 cr. hours, unless otherwise designated.)
I. Fundamental Literacies (19 cr.)
A. Writing (3 cr.)
ENG-W 131 Elementary Composition*
Additional English preparation courses may be required before taking ENG-W 131
B. Critical Thinking (3 cr.)
Select one of the following:
PHIL-P 105 Thinking and Reasoning
PHIL-P 110 Introduction to Philosophy
PHIL-P 150 Elementary Logic
Other Critical Thinking course
C. Oral Communication (3 cr.)
SPCH-S 121 Public Speaking
D. Visual Literacy (3 cr.)
Select from approved course list, page 35
E. Quantitative Reasoning (3 cr.)
MATH-M 118 Finite Mathematics*
Additional mathematics preparation courses may be required before taking MATH-M 118. Students are required to take the mathematics placement exam to determine if additional courses are needed.
F. Information Literacy
COAS-Q 110 Introduction to Information Literacy (1 cr.)
G. Computer Literacy (3 cr.)
BUS-K 201 The Computer in Business*
Recommend CSCI-A 106/CSCI-A 107 or INFO-I 101 prior to BUS-K 201 for students with limited computer skills.
II. Common Core Courses (9 cr.)
Complete one course from each of the following three areas, as designated in the Schedule of Classes .
A. The Natural World (3 cr.)
Select N 190 from approved course list, page 35
B. Human Behavior and Social Institutions (3 cr.)
Select B 190 (PSY or SOC)
C. Literary and Intellectual Traditions (3 cr.)
Select T 190 from approved course list, page 36
III. Concentration Courses (24 cr.)
BUS-A 201 Introduction to Financial Accounting*
BUS-A 202 Introduction to Managerial Accounting*
BUS-F 260 Personal Finance 1
BUS-L 201 Legal Environment of Business*
BUS-W 100 Business Administration: Introduction 2
ECON-E 103 Introduction to Microeconomics*
ECON-E 104 Introduction to Macroeconomics*
ECON-E 270 Introduction to Statistical Theory in Economics and Business*
Electives (8 cr.)
Students who plan on pursuing a four-year program in business are encouraged to select:
ENG-W 232 Introduction to Business Writing*
MATH-M 119 Brief Survey of Calculus I*
Select one of the following:
PSY-B 399 Human Behavior and Social Institutions
SOC-B 399 Human Behavior and Social Institutions
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 (*).
Bachelor of Science in Business
The programs of undergraduate studies provide opportunities for breadth of education as well as for a reasonable amount of specialization. As a member of the AACSB International - The Association to Advance Collegiate Schools of Business, IU South Bend's School of Business and Economics subscribes to the principle that a significant portion of a student's academic program should center in general education subjects.
The general education aspects of the program are then complemented by study in the basic areas of business administration. The application of this principle ensures the planning of balanced study programs and, at the same time, enables a student with an interest in one or another professional area of business to specialize in that field.
In addition, all undergraduate study programs include courses that ensure the development of a basic understanding of the principles and practices involved in the management of business firms in the dynamic, social, and political environment of the world today.
Consideration is also given to basic trends of development that are likely to shape the patterns of the world in the years ahead. Beyond these basic requirements, students are given an opportunity to pursue studies in a general program or to select a major from a wide variety of subject areas.
Upon admission to senior standing, the student enjoys a number of privileges and opportunities. The range of elective courses is wider than at any other stage of the program. Special opportunities are provided for discussion and counseling with senior members of the faculty. Courses on this level assure widespread participation by students in the discussion and solution of cases, projects, and special problems drawn from the contemporary business scene. Also, seniors typically hold responsible offices in professional student organizations, affording them unusual extracurricular opportunities for development.
The course BUS-X 310 Business Career Planning and Placement prepares students for transition to the world of business and helps them locate and select employment opportunities that hold greatest promise for them.
The study program does not end with graduation. In recognition of the importance of continuing education beyond the classroom and after completion of formal courses, the school's faculty encourages all seniors to pursue a program of guided reading and general development following graduation.
Undergraduate students in the school may pursue curricula in:
- A general program
- Specialized subject-matter fields
- Combined programs based on selected courses in the school and in various other academic programs of the university
Admission
Students who are eligible to apply for admission to the undergraduate program in the School of Business and Economics must:
- Have completed a minimum of 56 credit hours counting toward graduation on the college level either at IU South Bend or elsewhere (have completed their freshman and sophomore years).
- Have earned a minimum cumulative grade point average (CGPA) of 2.0 over all courses taken (averages are computed on the basis of all course enrollments in which grades A, B, C, D, and F were awarded; all WF and FN grades are counted as F in determining the grade point average).
- Have completed the following courses (or their equivalents) either at IU South Bend or elsewhere with a minimum grade point average of 2.0 (C) and a minimum grade of C in any of those courses marked with an asterisk (*).
BUS-A 201 Introduction to Financial Accounting*
BUS-A 202 Introduction to Managerial Accounting*
BUS-K 201 The Computer in Business*
BUS-L 201 Legal Environment of Business* (BUS-L 203 Commercial Law I* 3 )
ECON-E 103 Introduction to Microeconomics*
ECON-E 104 Introduction to Macroeconomics*
ECON-E 270 Introduction to Statistical Theory in Economics and Business*
ENG-W 131 Elementary Composition*
ENG-W 232 Introduction to Business Writing*
MATH-M 118 Finite Mathematics*
MATH-M 119 Brief Survey of Calculus I*
SPCH-S 121 Public Speaking
Select one of the following sequences:
Sequence 1
PSY-B 190 Human Behavior and Social Institutions
PSY-B 399 Human Behavior and Social Institutions
Sequence 2
SOC-B 190 Human Behavior and Social Institutions
SOC-B 399 Human Behavior and Social Institutions
Eligibility for Enrollment in Business and Economics Courses Numbered 301 and Above
Business and economics courses numbered 301 and above are offered only to students who meet one of the following criteria:
- Students officially certified to the School of Business and Economics as Bachelor of Science degree majors (provided the student has accomplished a minimum of 56 credit hours, junior-class standing).
- Students who are officially registered in the minor in business (provided the student has accomplished a minimum of 56 credit hours, junior-class standing).
- Students who are registered for other university programs that specifically require upper-division business or economics courses (provided the student has accomplished a minimum of 56 credit hours, junior-class standing).
- Other students who have obtained specific permission from the School of Business and Economics (provided the student has accomplished a minimum of 56 credit hours, junior-class standing).
Freshmen, sophomores, and prebusiness students are not permitted to enroll in business and economics courses numbered 301 or above.
Enrollment Restriction
No undergraduate student, except those who declare business as their major, is allowed to take more than 23 percent of his/her course work credit in business courses under any circumstances. The undergraduate business program has the responsibility of monitoring the implementation of this requirement. Any minor in business is subject to approval by the undergraduate business program office.
Transfer Credit Policy
Students of approved colleges who transfer to undergraduate study in the School of Business and Economics must take the courses required in the freshman and sophomore years by the School of Business and Economics if they have not had equivalent courses in the school from which they transfer.
Courses taken at other institutions that appear similar in either title or objective to the 300- or 400-level (junior and senior) courses offered by the School of Business and Economics are transferred as undistributed electives and are not regarded as equivalent unless at least one of the following validation processes is performed.
- Completion of a course review with documented evaluation of the content, level, method of instruction, objectives, etc., used in the course(s) validated. The evaluation must be performed by an appropriate member of the school's faculty; or
- Successful completion of an examination based upon the material covered in that course.
At least one of the validation processes must be completed and documented before any administrative action can be taken to officially equate a transferred course with a course offered by the school.
The validation process can be completed prior to a student's certifying to the school, but no actual transfer course equivalency can be effected until after the student has officially certified to the school.
The validation process cannot take place prior to receipt of an official IU South Bend credit transfer report or if the student is registered in a course offered by another institution.
Courses in advanced business subjects, not open to freshmen and sophomores, which have been taken at other institutions in the freshman and sophomore years, are not accepted as equivalents of the courses offered at Indiana University unless the student passes special examinations of the School of Business and Economics in such subjects. Additionally, courses in advanced business subjects, not open to freshmen and sophomores, which have been taken at two-year institutions, are not accepted as equivalents of the courses offered at IU South Bend.
Credits earned through junior and community colleges are limited to a maximum of 60 credit hours.
Only credit hours earned at Indiana University count toward a student's grade point average. Grades from other universities transfer as credit only, although transfer grades appear on the credit transfer report. The school accepts transfer students as late as the senior year.
Student's Responsibility
All colleges establish certain academic requirements that must be met before a degree is granted. Advisors, directors, and deans always help a student meet these requirements, but each student is individually responsible for fulfilling them. If requirements are not satisfied, the degree is withheld pending adequate fulfillment. For this reason, it is important for each student to be well acquainted with all requirements described in this Campus Bulletin .
Credit Hour Requirements
The minimum number of credit hours required for the bachelor's degree is 123 credit hours in courses meeting the various requirements stated in this Campus Bulletin . Of these, at least 48 credit hours shall be in business and economics courses, and at least 53 credit hours shall be in courses other than business and economics.
Pass/Fail Option
Business students may elect to take one course each semester with a grade of P (Pass) or F (Fail), with a maximum of two such courses each school year, including summer sessions. The election of this option must be exercised by the student within the first three weeks of the semester. Limitations on use of the Pass/Fail policy are as follows: Business students may not take any business course Pass/Fail. Also, the Pass/Fail option cannot be used for courses that satisfy the general education requirements. The option can be used for courses that are pure electives taken outside the School of Business and Economics. A grade of P is not counted in the cumulative grade point average, but a grade of F is included. A grade of P cannot be changed subsequently to a grade of A, B, C, or D.
Correspondence Study
Business, economics, and speech courses may not be taken by correspondence to count toward degree requirements. All students wishing to apply credit from correspondence study toward a degree must secure the advisor's signature on the enrollment application before submitting it to the correspondence study program. Any exceptions to the above policy must have the approval of the dean.
Repeating a Course Limitation Policy
Business majors are not permitted to retake a course in which they have received a grade of B- (2.7) or higher. Independent study courses and all other courses that allow students to obtain additional credit by retaking the same course number are exceptions, as would any other extraordinary situations.
All business majors are restricted to three attempts to complete a credit course. Viable exceptions may be accepted by petitioning the school. The word attempts is intended to mean a transcript record of W, F, FN, or a completed course letter grade. In particular, WX is excluded (dropping a class within the first week).
Repeating a Failed Course
The School of Business and Economics, for its own internal purposes (e.g., admission, probation, graduation, etc.), calculates grade point averages where a failed course is involved using both the original grade of F and the makeup grade. This policy applies to all courses taken by undergraduate students admitted to the school.
General Scholarship Rule
Any student who does not possess the necessary preliminary training or who lacks other qualifications may be required by the Committee on Admission and Probation to enroll in such courses as the committee may designate or to take such other corrective action as is necessary or desirable. The committee may review a student's record at any time and take whatever action seems necessary for the student's best interests or for the best interests of the school.
Grade Requirements
To graduate with an undergraduate degree from the School of Business and Economics, students must attain a minimum grade point average (GPA) of 2.0 (C) in all business and economics courses, earn a minimum grade of C in each course in their concentration and basic administration core requirements (a grade of C - (1.7) does not satisfy this requirement), and a minimum cumulative grade point average of 2.0 (C). Transfer students admitted from other institutions with deficiencies in credit points are expected to overcome those deficiencies with Indiana University grades.
English Requirement
Students must demonstrate their ability to use correct, clear, effective English. The student must satisfy this requirement by completing ENG-W 131 Elementary Composition and ENG-W 232 Introduction to Business Writing, or equivalent transfer credit, with a minimum grade of C (a grade of C- does not satisfy this requirement). Students whose records indicate serious writing deficiencies are required to enroll in ENG-W 31 Pre-Composition and ENG-W 130 Principles of Composition, which are specially designed for their needs.
Withdrawals
The following policy covering the handling of withdrawals has been approved by the school faculty, subject to modifications by all-university policies that may be voted in by the All-University Faculty Council.
1. During the first four weeks of the semester (two weeks for summer sessions) students receive an automatic W by completing the appropriate forms in the Office of the Registrar.
2. From the fifth week through the tenth week (third and fourth week of summer sessions), the teacher assigns a W or F and signs the grade line on the form. The dean signs these without further justification.
3. After the tenth week (after the fourth week of summer sessions), students must submit a written justification for withdrawing from the course(s) to the School of Business and Economics Committee on Admission, Probation, and Withdrawal. Present policy requires an urgent and compelling reason to withdraw. A decision on a withdrawal slip is made by the committee based on the student's written justification. If a request is approved by the committee, the student can obtain a withdrawal slip from the School of Business and Economics and follow the same procedure as in step 2.
4. No W grades are to be entered on grade sheets without properly processed withdrawal slips.
5. All withdrawal slips are stamped void after 10 days from issuance and are not accepted by the registrar after 10 days.
6. Students must complete all withdrawal procedures prior to the last week of classes.
Dismissal and Readmission
The Committee on Admission, Probation, and Withdrawal has the authority to order dismissal and to entertain applications for readmission, according to university regulations as carried out in the Academic Regulations and Policies section of this Campus Bulletin.
Physical Education Courses
Students may elect a maximum of 4 credit hours of special elective Health, Physical Education, and Recreation (HPER) courses. Physical education courses carry regular credit and count as general education electives (students cannot enroll in the same course twice and receive credit). Grades earned in these courses are not included in the student's cumulative grade point average.
Career Services
All undergraduate students are urged to register with the Career Services Office. BUS-X 310 Business Career Planning and Placement should be completed satisfactorily during the junior year. Information about employment in specific career fields is available in the Career Services Office.
Special Credit Examinations
The School of Business and Economics does not accept transfer of credit from other institutions for business courses if the credit was awarded on the basis of self-acquired competency. For non-business courses, the school accepts course-specific credit awarded on the basis of self-acquired competency by other degree-granting divisions/schools of Indiana University and by other institutions accredited by the North Central Association of Colleges or comparable regional associations.
The school does not accept general (non-course-specific) self-acquired competency credit awarded by other divisions/schools of Indiana University or by other institutions.
Concentration Declaration
Students declare a concentration prior to the beginning of a semester and are expected to meet the requirements for that concentration beginning that semester. Any student who has not selected a specific concentration is classified as a general business major and is expected to follow the program of that concentration.
Senior Residence Requirement
The senior year (the last 30 credit hours) must be completed at Indiana University . Students are certified for graduation by the Indiana University campus on which they complete the last two semesters (30 or more credit hours). In addition, at least 50 percent of all business course credit hours must be taken at IU South Bend. Permission to take credit during the senior year at another institution or by correspondence study courses may be procured, to a maximum of 6 credit hours, by petitioning the dean.
Application for Degree
Candidates for the Bachelor of Science or Associate of Science in Business must file a degree application by October 1 if they are graduating in December or by February 1 if they are graduating in May or August. Degree application forms are available at the school's undergraduate office. Unless the application has been completed and submitted to the school, the student's academic records will not be audited for degree certification. Without this audit, the student cannot be recommended for the conferral of the degree.
Credit Deadline
All credit of candidates for degrees, except that for the work of the current semester, must be on record at least one month prior to the conferral of degrees. All I (Incomplete) and R (Deferred) grades must be removed before a student can be certified for a degree.
Comprehensive Examination Requirement
Each business student, as a condition for graduation, must pass a comprehensive examination during their senior year. Graduating seniors are notified in advance of their scheduled examination date.
Statute of Limitations
Students who are candidates for the degree Bachelor of Science in Business have the right to complete degree requirements specified by the Campus Bulletin in effect at the time they matriculate at Indiana University, provided that:
- The necessary courses are available, and
- No more than eight calendar years have elapsed since matriculation.
In the event that courses are not available or more than eight years have elapsed, students must apply to the dean to update their programs to the Campus Bulletin currently in effect.
Requirements for a Second Bachelor's Degree
The School of Business and Economics offers to holders of a bachelor's degree in schools other than business, a second bachelor's degree in business.
The candidate is, of course, exempt from any of those requirements already fulfilled in acquiring the first bachelor's degree. Students must meet the certification and degree requirements specified in the Campus Bulletin at the time they are admitted for the second degree.
Normally the holder of a bachelor's degree who wishes to pursue further education is encouraged to become qualified for admission to graduate study. In certain cases, however, a student may be admitted to candidacy for a second bachelor's degree. When such admission is granted, candidates must earn at least 30 additional credit hours in residence and meet the requirements of the School of Business and Economics and of the concentration in which they are candidates. Students who were awarded the Bachelor of Science in Business at IU South Bend may register as special students to meet the requirements of another concentration, but cannot be certified for the degree a second time.
Individuals who were awarded the Bachelor of Science in Business from Indiana University shall not be subsequently eligible for any associate degree offered through the School of Business and Economics.
The School of Business and Economics reserves the right to specify any additional course requirements or repetition of previously taken courses in order to insure that a student's second B.S. or second area of concentration is compatible with the school's current academic objectives.
Bachelor of Science in Business
Degree Requirements
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 certain curricula concentrations, specific general education courses are required within the seven groups of courses listed. Students must attain a grade of not less than a C in any of those courses marked with an asterisk (*).
General Education
For a more detailed description of the IU South Bend general education curriculum, including lists of approved courses, please see page 33 in this Campus Bulletin .
All courses certified as meeting the campuswide general education requirements are designated in the Schedule of Classes .
(All courses are 3 cr. hours, unless otherwise designated.)
I. Fundamental Literacies (25 cr.)
A. Writing (6 cr.)
ENG-W 131 Elementary Composition*
ENG-W 232 Introduction to Business Writing*
B. Critical Thinking (3 cr.)
Select one of the following:
PHIL-P 105 Thinking and Reasoning
PHIL-P 110 Introduction to Philosophy
PHIL-P 150 Elementary Logic
Other Critical Thinking course
C. Oral Communication (3 cr.)
SPCH-S 121 Public Speaking
D. Visual Literacy (3 cr.)
Select from approved course list, page 35
E. Quantitative Reasoning (6 cr.)
MATH-M 118 Finite Mathematics*
Select one of the following:
MATH-M 119 Brief Survey of Calculus*
MATH-M 215 Analytic Geometry and Calculus 1*
F. Information Literacy
COAS-Q 110 Introduction to Information Literacy (1 cr.)
G. Computer Literacy (3 cr.)
BUS-K 201 The Computer in Business*
Recommend CSCI-A 106/CSCI-A 107 prior to BUS-K 201 for students with limited computer skills.
II. Common Core Courses (15 cr.)
Students must complete courses from each of the following four areas, as designated in the Schedule of Classes .
A. The Natural World (3 cr.)
Select N 190 from approved course list, page 35
B. Human Behavior and Social Institutions (6 cr.)
Select B 190 and B 399 (PSY or SOC)
C. Literary and Intellectual Traditions (3 cr.)
Select T 190 from approved course list, page 36
D. Art, Aesthetics, and Creativity (3 cr.)
Select A 190 from approved course list, page 36
III. Contemporary Social Values (8 cr.)
Students must complete one course from each of the following three areas, as designated in the Schedule of Classes .
A. Non-Western Cultures (3 cr.)
Select from approved course list, page 36
B. Diversity in United States Society (3 cr.)
Select from approved course list, page 37
C. Health and Wellness (2 cr.)
Select from approved course list, page 37
Additional Requirements (8 cr.)
General Education Electives (8 cr.)
Additional elective courses chosen throughout the university excluding business, economics, technical, and general studies courses; world language courses are highly recommended. (Accounting majors need only to select 5 credit hours of electives and take SPCH-S 223 Business and Professional Speaking.)
Basic Business Administration Core Courses
(All courses are 3 cr. hours, unless otherwise designated.)
Freshman Year
ECON-E 103 Introduction to Microeconomics*
ECON-E 104 Introduction to Macroeconomics*
Sophomore Year
BUS-A 201 Introduction to Financial Accounting*
BUS-A 202 Introduction to Managerial Accounting*
BUS-L 201 Legal Environment of Business 1*
ECON-E 270 Introduction to Statistical Theory in Economics and Business*
Junior Year
BUS-D 300 International Business Administration*
BUS-F 301 Financial Management*
BUS-K 321 Management Information Systems*
BUS-M 301 Introduction to Marketing Management*
BUS-P 301 Operations Management*
BUS-X 310 Business Career Planning and Placement (1 cr.)*
BUS-Z 302 Managing and Behavior in Organizations*
Senior Year
BUS-J 401 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 Human Resource Management
Advertising International Business
Banking Management Information Systems
Finance Marketing
General Business Small Business and Entrepreneurship
Suggested Program for Bachelor of Science in Business
(All courses are 3 cr. hours, unless otherwise designated.)
Freshman Year (31 cr.)
BUS-K 201 The Computer in Business
COAS-Q 110 Introduction to Information Literacy (1 cr.)
ECON-E 103 Introduction to Microeconomics
ECON-E 104 Introduction to Macroeconomics
ENG-W 131 Elementary Composition
MATH-M 118 Finite Mathematics
MATH-M 119 Brief Survey of Calculus I
Select one of the following:
PSY-B 190 Human Behavior and Social Institutions
SOC-B 190 Human Behavior and Social Institutions
SPCH-S 121 Public Speaking
General education courses (6 cr.)
Sophomore Year (31 cr.)
BUS-A 201 Introduction to Financial Accounting
BUS-A 202 Introduction to Managerial Accounting
BUS-L 201 Legal Environment of Business 1
ECON-E 270 Introduction to Statistical Theory in Economics and Business
ENG-W 232 Introduction to Business Writing
General education courses (16 cr.)
Junior Year (31 cr.)
BUS-D 300 International Business Administration
BUS-F 301 Financial Management
BUS-K 321 Management Information Systems
BUS-M 301 Introduction to Marketing Management
BUS-P 301 Operations Management
BUS-X 310 Business Career Planning and Placement (1 cr.)
BUS-Z 302 Managing and Behavior in Organizations
Concentration requirements or general education courses (12 cr.)
Senior Year (30 cr.)
BUS-J 401 Administrative Policy
Concentration requirements, general education courses, or electives (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 Certified Public Accountant's (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 Professional Licensing Agency; Attention: Indiana Board of Accountancy; 302 West Washington Street ; 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-A 311 Intermediate Accounting I
BUS-A 312 Intermediate Accounting II
BUS-A 325 Cost Accounting
BUS-A 328 Introduction to Taxation
BUS-A 337 Accounting Information Systems
BUS-A 424 Auditing and Assurance Services
SPCH-S 223 Business and Professional Speaking
Select two of the following:
BUS-A 335 Accounting for Government and Not-For-Profit Entities
BUS-A 339 Advanced Income Tax
BUS-A 425 Contemporary Accounting Theory
Select one of the following:
BUS-F 302 Financial Decision Making
BUS-F 420 Investments
BUS-J 404 Business and Society
BUS -L 303 Commercial Law II
BUS-W 311 New Venture Creation
Students must attain a grade of not less than C in each course.
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-M 303 Marketing Decision Making
BUS-M 405 Buyer Behavior
BUS-M 415 Advertising and Promotion Management
BUS-M 418 Advertising Strategy
Select one of the following:
BUS-M 401 International Marketing
BUS-M 419 Retail Management
BUS-M 426 Sales Management
BUS-M 450 Marketing Strategy
Select one of the following:
ENG-W 203 Creative Writing
FINA-S 250 Graphic Design I
JOUR- C 200 Introduction to Mass Communications
Students must attain a grade of not less than C in each course.
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.
Banking
This program provides a solid financial background along with entrepreneurial skills to service this growing market. The need for specialized education arises from the increased competitiveness within the financial services industry. Many banks make tremendous efforts to serve not only the budding entrepreneur, but also those entrepreneurs who are successful in growing to new heights in sales and market expansion. Growing entrepreneurial businesses have significant funding needs. As is often the case with a growing business, there are insufficient internally generated cash flows to finance expansion. Firms can choose to go public, seek private equity, or turn to their banker to supply the funds needed to stoke future growth. Banks need skilled employees with the ability to recognize those entrepreneurial opportunities, who possess the depth of finance knowledge to evaluate the deal's potential, and who have the ability to close the sale. The program offers a wide variety of courses in finance, entrepreneurship, and sales management to ensure that graduates possess the skills necessary to be successful in this growing industry.
Concentration Requirements
(All courses are 3 cr. hours, unless otherwise designated.)
Junior and Senior Years
BUS-F 302 Financial Decision Making
BUS-F 345 Money, Banking, and Capital Markets
BUS-F 420 Investment
BUS-M 426 Sales Management
BUS-W 311 New Venture Creation
Select one of the following:
BUS-F 444 Applications in Financial Management
BUS-F 494 International Financial Management
Select one of the following:
BUS-W 430 Organizations and Organizational Change
BUS-Z 440 Human Resources Management
Students must attain a grade of not less than C in each course.
Finance
The ability to analyze a corporation's financial status, and to implement sound financial programs for raising capital and for choosing from among competing investment opportunities, is of the utmost importance to any business organization.
Students who graduate with a finance concentration are 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.
Courses on financial institutions, financial decision making, business financial management, investments, security analysis, and portfolio management enable students to acquire a depth of understanding in areas of particular interest.
The field of finance traditionally is divided into three subfields: financial markets and institutions, investments, and business financial management. Financial markets and institutions examine the ways in which financial intermediaries such as commercial banks, insurance companies, and pension funds facilitate the transfer of funds from savers/investors to demanders of funds who engage in the production and consumption of real economic goods and services.
Services provided by financial institutions include the evaluation and bearing of risk and the repackaging of funds in terms of maturity and size of investment. Also examined, on a macro basis, are the markets for financial securities created by corporations and financial intermediaries.
Typical questions would be what sectors of government and the economy are the foremost demanders of funds in different segments of the business cycle and, in aggregate, what proportion of corporate financing has been provided by debt over time.
Investments is the study of how individuals and institutions allocate funds to financial assets such as stocks, bonds, options and futures contracts and, to a lesser extent, real assets such as real estate and precious metals. Investments is itself divided into two areas: security analysis, concerned with the valuation of individual securities; and portfolio management, concerned with the selection of combinations of assets such that return is maximized given the level of risk that is borne.
Business financial management concentrates on the management of a firm's assets, both short-term working capital and longer-term capital projects, and on the financing of these assets. Financing considerations include the choice of capital structure (proportions of debt and equity used in the financing mix) and dividend policy.
Concentration Requirements
(All courses are 3 cr. hours, unless otherwise designated.)
Junior and Senior Years
BUS-F 302 Financial Decision Making
BUS-F 345 Money, Banking, and Capital Markets
BUS-F 420 Investment
BUS-F 444 Applications in Financial Management
Select three of the following:
BUS-A 311 Intermediate Accounting I
BUS-A 312 Intermediate Accounting II or
BUS-A 325 Cost Accounting
BUS -F 423 Topics in Investment
BUS -F 490 Independent Study in Finance
BUS -F 494 International Financial Management
Students must attain a grade of not less than C in each course.
Minor in Finance
for Business Majors
Students who are pursuing a four-year degree may combine formal study in finance as they pursue a major concentration in one of the functional areas. Students who elect this program must notify their advisor before the end of their junior year.
Requirements (12 cr.)
(All courses are 3 cr. hours, unless otherwise designated.)
BUS-F 301 Financial Management
BUS-F 302 Financial Decision Making
BUS-F 345 Money, Banking, and Capital Markets
BUS-F 420 Investment
Students must attain a minimum cumulative grade point average of 2.0 (C) in all four of the courses taken for the minor, and not less than a C in each course. Please note that these courses may not be taken by correspondence study or independent study; they also may not be studied through an internship.
General Business
For students who wish to pursue a broad, general program, this curriculum provides a vehicle for organizing their studies. The integrating focus is the responsibility for administering the multiple operations of the business firm in a rapidly changing environment. Emphasis is on the process involved in setting goals for corporate effort, coordinating and controlling multiple programs, and regulating inputs and outputs with varied environments.
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 -J 404 Business and Society
BUS-W 430 Organizations and Organizational Change
BUS-Z 440 Human Resources Management
Select one of the following:
BUS -F 302 Financial Decision Making
BUS -F 420 Investment
Select one of the following:
BUS -L 303 Commercial Law II
BUS-W 490 Independent Study in Business Administration (Students in Free Enterprise)
Select one of the following:
BUS -M 303 Marketing Decision Making
BUS-M 426 Sales Management
Select one of the following:
ECON-E 305 Money and Banking
ECON-E 321 Intermediate Microeconomic Theory I
ECON-E 322 Intermediate Macroeconomic Theory II
Students must attain a grade of not less than C in each course.
Human Resource Management
The program in human resource management is designed 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.
For this reason, the curriculum is designed to acquaint the student with modern human resources management in its broadest sense. Included are the traditional areas of personnel administration and labor relations such as employment, management development, wage and salary administration, organization planning, and contract negotiations, as well as developments in the behavioral sciences and the implications for a complete human resources program.
The objectives at the undergraduate level are to provide the student with a broad spectrum of knowledge for career preparation in organizational leadership; to prepare the student for a career in modern, professional personnel and industrial relations and human resources management; and to encourage and develop interest in further study and research in the area of human resources development and utilization.
Concentration Requirements
(All courses are 3 cr. hours, unless otherwise designated.)
Junior and Senior Years
BUS -J 404 Business and Society
BUS-W 430 Organizations and Organizational Change
BUS-Z 404 Effective Negotiations
BUS-Z 440 Human Resources Management
BUS-Z 441 Compensation and Benefits
BUS-Z 444 Selection and Development
Students must attain a grade of not less than C in each course.
International Business
The international business concentration provides students with extensive backgrounds in international business issues such as finance, law, marketing, accounting, and economics. Students have numerous curriculum choices so they may tailor their degree to their own area of emphasis. Faculty designed the concentration to facilitate students who wish to double major in an existing business discipline and in international business. Students who concentrate in international business are also required to take international courses outside the school of business to help them develop an expertise in a particular geographic area or culture. This major provides business students with the kind of cultural grounding so significant to success in global business.
Concentration Requirements
(All courses are 3 cr. hours, unless otherwise designated.)
Junior and Senior Years
BUS-F 494 International Financial Management
BUS-M 401 International Marketing
Select two of the following:
BUS-A 325 Cost Accounting
BUS-A 337 Accounting Information Systems
ECON-E 305 Money and Banking
ECON-E 321 Intermediate Microeconomic Theory I
ECON-E 322 Intermediate Macroeconomic Theory II
BUS-F 302 Financial Decision Making
BUS-F 420 Investment
BUS-J 404 Business and Society
BUS-M 303 Marketing Decision Making
BUS-M 415 Advertising and Promotion Management
BUS-S 307 Data Management
BUS-W 430 Organizations and Organizational Change
BUS-Z 440 Human Resources Management
Select two of the following:
ANTH-E 397 Peoples and Cultures of the Middle East
BUS-W 490 Independent Study in Business Administration
GEOG-G 201 World Regional Geography
HIST-B 361 Europe in the Twentieth Century I
HIST-B 362 Europe in the Twentieth Century II
POLS-Y 330 Central American Politics
POLS-Y 335 West European Politics
POLS-Y 337 Latin American Politics
POLS-Y 343 Developmental Problems in the Third World
POLS-Y 350 European Integration
POLS-Y 376 International Political Economy
POLS-Y 388 Marxist Theory
SOC-S 362 World Societies and Cultures
WOST-W 301 Global Perspectives on Women
Any other course with consent of advisor
Students must attain a grade of not less than C in each course.
Minor in International Business for Business Majors
Students who are pursuing a four-year degree in business may add a minor in international business as they pursue a major concentration in one of the functional areas. Students who elect this program must notify their advisor before the end of their junior year.
Requirements (12 cr.)
(All courses are 3 cr. hours, unless otherwise designated.)
BUS-D 300 International Business Administration
BUS-F 494 International Financial Management
BUS-M 401 International Marketing
Select one of the following:
ANTH-E 397 Peoples and Cultures of the Middle East
GEOG-G201 World Regional Geography
HIST-H 237 Traditional East Asian Civilization
HIST-B 361 Europe in the Twentieth Century I
HIST-B 362 Europe in the Twentieth Century II
HIST-G 369 Modern Japan
POLS-Y 330 Central American Politics
POLS-Y 335 West European Politics
POLS-Y 337 Latin American Politics
POLS-Y 343 Development Problems in the Third World
POLS-Y 350 European Integration
POLS-Y 376 International Political Economy
Although not a formal prerequisite, BUS-D 300 International Business Administration (which is a required course for all business students) is the foundation course for the study of international business and should be taken before BUS-F 494 International Financial Management and BUS-M 401 International Marketing.
Students must attain a minimum cumulative grade point average of 2.0 (C) in all four of the courses taken for the minor and not less than C in each course.
NOTE: These courses may not be taken by correspondence study or independent study; they also may not be studied through an internship.
Management Information Systems
The Management Information Systems (M.I.S.) program prepares students to fill the role of an M.I.S. professional and/or manager in organizations in the north central Indiana and southwestern Michigan region. It gives students the computer knowledge and technical skills needed by managers who will be responsible for applying computers and other information technology (IT) in businesses and not-for-profit organizations. This is a growing area, given the increasing need for employees who understand the complexities of information technology and can contribute to effective management of IT systems.
Concentration Requirements
(All courses are 3 cr. hours, unless otherwise designated.)
Junior and Senior Years
BUS-S 307 Data Management
BUS-S 310 Systems Analysis and Design
BUS-S 410 Systems Implementation
BUS-S 435 Advanced Topics in Computer Information Systems
Select one of the following:
CSCI-A 201 Introduction to Programming (4 cr.)
CSCI-C 101 Computer Programming I (4 cr.)
Select one of the following mini-tracks:
Alternate mini-tracks may be proposed by students and must be approved by an M.I.S. advisor.
Accounting
BUS-A 325 Cost Accounting
BUS-A 337 Accounting Information Systems
Decision Science
BUS-K 301 Enterprise Resource Planning
BUS-K 302 Introduction to Management Science
Computer Science
CSCI-A 338 Network Technologies and Systems Administration
CSCI-A 340 Introduction to Web Programming
Finance
Select two of the following:
BUS-F 302 Financial Decision Making
BUS-F 420 Investment
BUS-F 444 Applications in Financial Management
Marketing and E-Commerce
Select two of the following:
BUS-M 303 Marketing Decision Making
BUS-M 405 Buyer Behavior
BUS-M 415 Advertising and Promotion Management
Psychology
PSY-P 233 Industrial Psychology
PSY-P 321 Group Dynamics
Web Design
FINA-P 273 Computer Art and Design I
FINA-S 310 Web Page Design
Students must attain a grade of not less than C in each course.
Marketing
The study of marketing concerns itself with all those activities related to the movement of goods and services from the producer to consumers. It deals, for example, with customer behavior; the development of product offerings to meet consumer needs; pricing policies; the institutions and channels of distribution, including retailers and wholesalers; advertising; selling; sales promotion; research; and the management of marketing to provide for business a profitable and expanding operation.
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-M 303 Marketing Decision Making
BUS-M 401 International Marketing
BUS-M 405 Buyer Behavior
BUS-M 450 Marketing Strategy
Select one of the following:
BUS-M 415 Advertising and Promotion Management
BUS-M 419 Retail Management
BUS-M 426 Sales Management
Students must attain a grade of not less than C in each course.
Electives
Marketing majors are urged to consider work in the behavioral sciences, economics, and quantitative areas. Electives in marketing include all 400-level marketing and advertising courses.
Small Business and Entrepreneurship
The concentration in small business and entrepreneurship prepares graduates to start and manage their own organizations. This concentration also prepares graduates for management positions in the many small businesses of the United States and, increasingly, of the entire global community. Over 90 percent of all United States businesses are already small. And, with constant downsizing, outsourcing, and reorganizing among larger businesses, the percentage of smaller organizations is increasing. Future careers and jobs are with smaller organizations.
In addition to credit courses, the concentration in small business and entrepreneurship offers a speaker series to the local community and to students. Faculty and students participate in a variety of research projects that investigate issues of significance to the small business community. Students also enjoy regular involvement with north central Indiana 's Small Business Development Center .
Curriculum requirements are similar to other concentrations offered in the School of Business and Economics with regard to general education, prebusiness courses, and business courses.
Concentration Requirements
(All courses are 3 cr. hours, unless otherwise designated.)
Junior and Senior Years
BUS-J 404 Business and Society
BUS-W 311 New Venture Creation
BUS-W 406 Venture Growth Management
BUS-W 408 Practicum In Small Business
BUS-W 430 Organizations and Organizational Change
BUS-Z 440 Human Resources Management
Students must attain a grade of not less than C in each course.
Outside Minor in Business 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-A 201 Introduction to Financial Accounting
BUS-F 260 Personal Finance
BUS-L 201 Legal Environment of Business
BUS-W 100 Business Administration: Introduction (must be taken in the freshman or sophomore year)
ECON-E 103 Introduction to Microeconomics
Select one of the following courses (after completing required prerequisites):
BUS -F 301 Financial Management
BUS -J 404 Business and Society
BUS -M 301 Introduction to Marketing Management
BUS -P 301 Operations Management
BUS -Z 302 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 in each course. These courses cannot be taken by correspondence study.
Students who do not plan to complete the minor in business but who wish to supplement their major 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.
Outside Minor in Finance for Non-Business Majors
Students who are pursuing a four-year degree in non-business programs may combine formal study in finance with their state major by concurrently completing an outside minor in finance. Students who elect 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 (30 cr.)
Required Prerequisites:
BUS-A 201 Introduction to Financial Accounting
BUS-K 201 The Computer in Business (or any other computer course)
ECON-E 104 Introduction to Macroeconomics
ECON-E 270 Introduction to Statistical Theory in Economics and Business (or any statistics course)
MATH-M 118 Finite Mathematics
Required Finance Courses:
BUS-F 260 Personal Finance
BUS-F 301 Financial Management
BUS-F 302 Financial Decision Making
BUS-F 345 Money, Banking, and Capital Markets
BUS-F 420 Investment
For non-business majors, the BUS-F 301 course requires prerequisites of BUS-A 201, ECON-E 104, and ECON-E 270 or any statistics course. The BUS-F 301 course is a prerequisite for BUS-F 302, BUS-F 345, and BUS-F 420.
Students must attain a minimum cumulative grade point average of 2.0 (C) in all the above ten courses and not less than a C in each course. These courses may not be taken by correspondence study or by independent study; they also may not be studied through an internship.
Economics
Bachelor of Science in Economics
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.
General Education
For a more detailed description of the IU South Bend general education curriculum, including lists of approved courses, please see page 33 in this Campus Bulletin .
All courses certified as meeting the campuswide general education requirements are designated in the Schedule of Classes .
Campuswide Curriculum (33-39 cr.)
(All courses are 3 cr. hours, unless otherwise designated.)
I. Fundamental Literacies (13-19 cr.)
A. Writing
ENG-W 131 Elementary Composition
B. Critical Thinking
Select from approved course list, page 34
C. Oral Communication
SPCH-S 121 Public Speaking
D. Visual Literacy
Select from approved course list, page 35
E. Quantitative Reasoning
Select from approved course list, page 35
F. Information Literacy
COAS-Q 110 Introduction to Information Literacy (1 cr.)
G. Computer Literacy
Select from approved course list, page 35
II. Common Core Courses (12 cr.)
Complete one course from each of the following four areas, as designated in the Schedule of Classes . At least one of the areas must be completed at the 300-level.
A. The Natural World
Select from approved course list, page 35
B. Human Behavior and Social Institutions
Select from approved course list, page 36
C. Literary and Intellectual Traditions
Select from approved course list, page 36
D. Art, Aesthetics, and Creativity
Select from approved course list, page 36
III. Contemporary Social Values (8 cr.)
Students must complete one course from each of the following three areas, as designated in the Schedule of Classes .
A. Non-Western Cultures
Select from approved course list, page 36
B. Diversity in United States Society
Select from approved course list, page 37
C. Health and Wellness (2 cr.)
Select from approved course list, page 37
Additional Requirements
Economics Requirements (28 cr.)
ECON-E 103 Introduction to Microeconomics
ECON-E 104 Introduction to Macroeconomics
ECON-E 270 Introduction to Statistical Theory in Economics and Business
ECON-E 321 Intermediate Microeconomic Theory
ECON-E 322 Intermediate Macroeconomic Theory
ECON-E 490 Advanced Undergraduate Seminar in Economics (4 cr.)
Select two of the following:
ECON-E 304 Survey of Labor Economics
ECON-E 305 Money and Banking
ECON-E 308 Public Finance: Survey
Select one of the following:
ECON-E 470 Introduction to Econometrics
MATH-M 467 Advanced Statistical Techniques I
Mathematics Requirements (6 cr.)
MATH-M 118 Finite Mathematics
MATH-M 119 Brief Survey of Calculus I
(or equivalent)
Electives
Include courses to satisfy campuswide general education requirements for the Bachelor of Arts degree, except that no world languages are required for either of the Bachelor of Science in Economics degrees.
Suggested Program for Bachelor of Science in Economics
(All courses are 3 cr. hours, unless otherwise designated.)
First Year
ECON-E 103 Introduction to Microeconomics
ECON-E 104 Introduction to Macroeconomics
ENG-W 131 Elementary Composition
MATH-M 118 Finite Mathematics
MATH-M 119 Brief Survey of Calculus I
General education courses or electives (15 cr.)
Second Year
ECON-E 270 Introduction to Statistical Theory in Economics and Business
General education courses or electives (27 cr.)
Third Year
ECON-E 321 Intermediate Microeconomic Theory
ECON-E 322 Intermediate Macroeconomic Theory
Economics electives, 300-400 level
General education courses or electives (22 cr.)
Fourth Year
Select one of the following:
ECON-E 470 Introduction to Econometrics
MATH-M 467 Advanced Statistical Techniques I
ECON-E 490 Advanced Undergraduate Seminar in Economics (4 cr.)
Economics electives, 300-400 level
General education courses or electives (21 cr.)
Quantitative Program
This program is designed primarily for the student who intends to pursue graduate work in economics or in a quantitatively oriented Master of Business Administration program.
(All courses are 3 cr. hours, unless otherwise designated.)
Economics Requirements (28 cr.)
ECON-E 103 Introduction to Microeconomics
ECON-E 104 Introduction to Macroeconomics
ECON-E 270 Introduction to Statistical Theory in Economics and Business
ECON-E 321 Intermediate Microeconomic Theory
ECON-E 322 Intermediate Macroeconomic Theory
ECON-E 375 Introduction to Mathematical Economics (or equivalent course, as approved by economics advisor)
ECON-E 490 Advanced Undergraduate Seminar in Economics (4 cr.)
Select one of the following:
ECON-E 470 Introduction to Econometrics
MATH-M 467 Advanced Statistical Techniques I
Select 3 credit hours from 300- and 400-level courses in economics, except ECON-E 315 Collective Bargaining, Practices, and Problems
Mathematics Requirements
MATH-M 118 Finite Mathematics
MATH-M 215 Analytic Geometry and Calculus I (5 cr.)
MATH-M 216 Analytic Geometry and Calculus II(5 cr.)
Suggested Quantitative Program for Bachelor of Science in Economics
(All courses are 3 cr. hours, unless otherwise designated.)
First Year
ECON-E 103 Introduction to Microeconomics
ECON-E 104 Introduction to Macroeconomics
ENG-W 131 Elementary Composition
MATH-M 118 Finite Mathematics
MATH-M 215 Analytic Geometry and Calculus I (5 cr.)
General education courses or electives (13 cr.)
Second Year
ECON-E 270 Introduction to Statistical Theory in Economics and Business
MATH-M 216 Analytic Geometry and Calculus II (5 cr.)
General education courses or electives (22 cr.)
Third Year
ECON-E 321 Intermediate Microeconomic Theory
ECON-E 322 Intermediate Macroeconomic Theory
Economics electives, 300-400 level
General education courses or electives (22 cr.)
Fourth Year
ECON-E 375 Introduction to Mathematical Economics (or equivalent course as approved by economics advisor)
ECON-E 470 Introduction to Econometrics
ECON-E 490 Advanced Undergraduate Seminar in Economics (4 cr.)
General education courses or electives (21 cr.)
Bachelor of Arts Requirements
See the Bachelor of Arts program in economics, College of Liberal Arts and Sciences, within this Campus Bulletin.
Minor in Economics
(All courses are 3 cr. hours, unless otherwise designated.)
Students majoring in business who wish to earn a minor in economics are expected to complete the following requirements:
1. Register their intent with the College of Liberal Arts and Sciences.
2. Meet with an economics advisor prior to each semester's registration.
3. Earn a minimum grade of C in all economics courses that count toward the minor.
4. Complete the following courses:
ECON-E 103 Introduction to Microeconomics
ECON-E 104 Introduction to Macroeconomics
ECON-E 321 Intermediate Microeconomic Theory
ECON-E 322 Intermediate Macroeconomic Theory
One additional economics course at the 300- or 400-level
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