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Kelley School of
Business 2000-2002
Undergraduate
Academic Bulletin

Undergraduate Program  
Kelley School of Business 
Indiana University 
1309 East Tenth Street, BU238 
Bloomington, IN 47405 
Local: (812) 855-0212 
Contact Undergraduate Program 
 

Undergraduate Program

About the Undergraduate Program
Objectives of the Program
Admission Requirements
Computer Recommendations
Policies Governing the Undergraduate Program

About the Undergraduate Program

The Undergraduate Program of the Kelley School of Business provides opportunities for breadth of education as well as for a reasonable amount of specialization. As a member of the American Assembly of Collegiate Schools of Business, the school subscribes to the principle that a significant portion of a student's academic program should be in general-education subjects. The general-education aspects of the program are complemented by study in the basic areas of business and economics. The application of this principle promotes a balanced program of study while it enables a student with an interest in a professional area of business to specialize in that field.

In addition, all undergraduate 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 economic, social, and political environment of the world today. Four interrelated, rigorous junior-level courses in marketing management, operations management, financial management, and strategic management, known collectively as the integrative core, are required of all business majors. (These courses are F301, J301, M301 and P301.)

Consideration is given also to basic trends that are likely to shape the pattern of the business world in the years ahead. The basic course X201 Technology is required of all business students. Beyond these basic requirements, students are given an opportunity to pursue studies from a wide variety of subject areas.

Honors courses are available to students with outstanding records. A number of internship and overseas study programs are also available to students with specialized professional interests.

To develop leadership skills and a sense of social responsibility, students are strongly encouraged to participate in one or more of the several hundred student organizations and clubs at Indiana University. Special emphasis is placed on volunteerism and the personal benefits derived from community service.

Upon attaining senior standing, students enjoy additional opportunities and privileges. Their range of elective courses is wider than at any other stage of the program. Special opportunities are provided for discussion and counsel with senior members of the faculty. Courses at the senior level ensure widespread participation by students in the solution of case studies, projects, and special problems drawn from the contemporary business scene. Also, seniors typically hold offices in professional student organizations, which affords them exceptional extracurricular opportunities. The business courses X220 Career Perspectives and X420 Business Career Planning and Placement prepare students for selecting careers and for the transition to the world of business. These courses also help them to locate and select the employment opportunities that hold the greatest promise for them.

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Objectives of the Program

Graduates of the Undergraduate Program of the Kelley School of Business at Indiana University should

  • have a general knowledge and appreciation of human accomplishments in the physical sciences, arts, humanities, and social sciences;
  • possess a broad-based knowledge of business and the business firm and the role each business plays in society;
  • understand the national, international, political, social, and economic environment that affects a firm's operations;
  • be able to articulate their thoughts orally and in writing and be computer literate;
  • have a sensitivity to and appreciation of ethical issues;
  • possess an appreciation of the opportunities and problems of managing complex organizations;
  • have the skills and capability to work effectively with others in the completion of joint tasks;
  • possess the ability to find and formulate problems, think analytically, and recommend solutions to problems;
  • have the understanding and expertise needed to function effectively in an advanced technological environment.
In summary, the graduates of the Undergraduate Program of the Kelley School of Business should acquire an education that will serve them throughout their careers in business and not one that is targeted toward entry-level positions.

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Admission Requirements

There are three categories of admission, defined as Direct Freshman Admission, Option I, and Option II. To be considered for either Option I or Option II admission, students must be admitted to Indiana University, and complete at least 26 credit hours of college-level work, including required admission courses. Application forms may be obtained through the Kelley School of Business Undergraduate Program World Wide Web site: http://www.kelley.iu.edu/ugrad

Direct Freshman Admission

Select students may be offered the opportunity to enter the Kelley School of Business as freshmen. These students must have a minimum SAT score of 1300 or an ACT score of 30 and be in the top 10 percent of their high school graduating class. Offers of direct admission will be sent to students approximately one month after they are admitted to IU Bloomington. Students must have listed an intention to major in business on their applications for admission to IU to be considered for direct admission.

Option I Admission Criteria

To be considered for admission under Option I, students must meet the following requirements:

  1. Begin classes at any campus of Indiana University during the 1993 summer sessions or later.
  2. Complete 26 credit hours of college course work that counts toward graduation. This course work may be taken at Indiana University or at another accredited institution offering a comparable program. (Students with more than 26 credit hours who apply for admission to the Kelley School of Business for the first time may do so using the Option I admission criteria.)
  3. Complete the English composition requirement (ENG W131 or equivalent). A grade of C or higher is required.
  4. Successfully complete at least three of the following courses:
  5. BUS K201 The Computer in Business1
    BUS X100 Introduction to Business (optional course for the business degree requirement)
    MATH M118 Finite Mathematics
    MATH M119 Brief Survey of Calculus I
    For admission purposes, the three highest grades achieved in the courses listed above will be used to compute the applicant's admission grade point average. (If only three of the four courses are taken, the admission decision will be based upon the grades achieved in those three courses. A minimum grade of C is required in BUS K201.) Grades in prerequisites for the integrative core (including A100, A201, and A202) and general grade trends will also be evaluated in the admissions decision.
  6. Submit an application by the required deadline. Application deadlines are April 1 for fall semester and November 1 for spring semester. (Grades for all course work required for fall admission must be recorded on the applicant's IUB transcript by July 10.)2
Each application is reviewed individually. Applicants will be evaluated initially on grades in both the prerequisite courses and their other classes. Additional factors include course work taken and grade trends. Admission to the Kelley School of Business is selective.

Option II Admission Criteria

Students who enrolled at any Indiana University campus prior to summer 1993 or who have been denied admission based upon Option I admission criteria are eligible to apply according to the following criteria:

  1. Complete 56 credit hours of college course work that counts toward graduation. This course work may be taken at Indiana University or at another accredited institution offering a comparable program.
  2. Successfully complete the following nine prerequisite courses:
  3. BUS A100 Basic Accounting Skills
    BUSA201-A202 Introduction to Financial Accounting and Introduction to Accounting II
    BUS L201 Legal Environment of Business
    ECON E201 Introduction to Microeconomics and E202 Introduction to Macroeconomics
    ECON E370 Introduction to Statistical Theory in Economics and Business
    MATH M118 Finite Mathematics
    MATH M119 Brief Survey of Calculus I
  4. Complete the following five skills courses with a grade of C or above in each course:
  5. ENG W131 Elementary Composition (or equivalent)
    BUS K201 The Computer in Business1
    BUS X201 Technology
    BUSX204 Business Communications1
    CMCL C121 Public Speaking
  6. Successfully complete BUS X220 Career Perspectives.
  7. File an application by April 1 for fall admission or November 1 for spring admission.
Applicants applying under Option II will be evaluated primarily upon the grade point average achieved in the nine prerequisite courses listed in section 2 above. Other factors include recent grade trends and overall academic performance.

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Computer Recommendations

The Kelley School of Business does not currently require undergraduate students to have a computer. However, a number of undergraduate programs within the school are moving toward the use of networked (wired/plug-in) classrooms over the next 3-4 years. Additionally, all undergraduate residence halls are wired for network connectivity, so a computer is a wise investment that will prove to be invaluable at IU. Those who plan to purchase a new computer need to consider whether a desktop or notebook computer will meet their needs. Notebook computers are extremely portable and may even allow individuals to connect to the IU network in various academic buildings, however, this kind of convenience comes at a significantly higher price. Notebook computers typically cost around $2,200 - $3,000. The same level of technology in a desktop system will run about $1,200 - $1,700. The Kelley School of Business encourages undergraduate students to consider purchasing a decent desktop system for no more than $1,700.

The majority of faculty, students, and staff in the Kelley School of Business use computers that are IBM compatible. For that reason, we recommend purchasing an IBM compatible computer. Students interested in using an Apple/Macintosh computer should plan on being self-sufficient for software and printing.

For general advice regarding the purchase of a computer, contact the University Information Technology Services (UITS) Support Center at 812-855-6789 or send e-mail to ucshelp@indiana.edu. The UITS Support Center is in the Indiana Memorial Union room M084 and is open M-F, 9am - 6pm. Additionally, if you have questions specific to the Kelley School of Business computing environment, please contact Jim Anderson in Technology Services (BU131) at 812-855-4247 or send e-mail to jbanders@indiana.edu.

You can find our latest recommendations on new computer purchases or information on ordering notebook computers from our school-approved vendor on our website (www.kelley.iu.edu/ugrad).

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Policies Governing the Undergraduate Program

Transfer Students
Transfer of Credit
Grading System
Scholastic Standards
Prerequisites for Business Courses
Academic Regulations
Graduation

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Transfer Students

Students wishing to transfer to the Kelley School of Business should have a clear understanding of our business policies and expectations, so that they can make well-informed decisions regarding their education. Our goal is to ensure that students who do decide to transfer plan well and have adequate preparation for success in our programs.

Transfer students must apply and be admitted to Indiana University and enroll through the University Division for at least their first semester on campus. Transfer students are eligible to apply for business admission after they have completed a minimum of one semester on the Bloomington campus and all business admission courses. Strong academic performance during the first semester(s) on the Bloomington campus is a significant factor in admission decisions for transfer students. Transfer students are not guaranteed the availability of needed courses during their first semester.

Transfer students need to understand that changing schools during the course of an undergraduate program often requires an additional one, two, or more semesters of course work. Students transferring during the first four semesters are less likely to need as much additional time as those transferring during the last four semesters. Therefore, we do not recommend transfer after the first four semesters of undergraduate work.

The Kelley School of Business offers a curriculum that challenges students to master key concepts in the business field and to enhance their skills in using these concepts to confront current-day issues. Faculty and staff devote much time and effort providing a high-quality education, and students must respond with a similar commitment to be successful in our programs. Students interested in a transfer should carefully consider this as part of their transfer decision.

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Transfer of Credit

Transfers from Other Colleges and Universities
Acceptance of credit from other institutions will be determined by the Indiana University Office of Admissions. The applicability of credit toward degree requirements in the Kelley School of Business will be determined by the school.

  • Credits in business course, at the lower-division level (freshman, 100; sophomore, 200) that are accepted for transfer are usually accepted for specific course equivalency.
  • Courses in upper-division business subjects (junior, 300; senior, 400) may not be taken outside the Bloomington campus. If an upper-division business course was taken before enrolling in the Kelley School of Business, it will be considered for review only if taken at a four-year institution that is accredited by the American Assembly of Collegiate Schools of Business (AACSB). If the institution is not accredited, credit in upper-division courses accepted for transfer will be accepted as undistributed credit that counts toward electives.
  • Upper-division business courses taken in the freshman or sophomore year at four-year institutions will be accepted as undistributed credit.
Students appealing for transfer credit for upper-division courses must submit an Appeal Petition to the Undergraduate Program Office-with syllabi, course text information, and contact hours attached-within 30 days of the beginning of their first semester on campus. Results of the appeal may take two to three months. Business courses taken elsewhere, after a student has enrolled at IUB, will not be accepted.

The total number of credits accepted for transfer from a four-year institution is limited to a maximum of 90 credit hours. Course grades from other institutions are not transferred; only credit hours earned in a course are recorded. Evaluation of credit is completed after a student is admitted to the university.

Transfers from Junior and Community Colleges
The total number of credits accepted for transfer from a junior college or a community college is limited to a maximum of 60 credit hours.

Upper-division business courses taken at two-year institutions will be accepted as undistributed credit and will count only as business electives.

Transfers from Other Indiana University Campuses
The Kelley School of Business wants students interested in transferring to Bloomington from other IU campuses to have a clear understanding of Kelley School of Business policies and expectations, so that they can make well-informed decisions regarding transfer. We want to ensure that transfer students plan well and have adequate preparation for success in our programs.

Students who wish to transfer to the Kelley School of Business at Bloomington from another IU campus are required to meet the same admission requirements to the school as students from other institutions. Students transferring from another IU campus must complete an Inter-Campus Transfer Request and enroll through the University Division for their first semester on the Bloomington campus. Inter-Campus Transfer students are eligible to apply for admission to business after they have completed at least one Bloomington semester and all of their business admission courses. Strong academic performance during the first Bloomington semester(s) is a significant factor in Inter-Campus transfer admission decisions.

The residential nature of the Bloomington campus makes the academic culture on this campus different from that of most other IU campuses. The Bloomington Kelley School of Business has traditional programs with high faculty expectations, stringent curricular rigor, and a competitive student body. The flexibility of academic demands and scheduling found on many IU urban campuses is not present on the Bloomington campus. Students considering a transfer to IUB should take this issue into consideration. Even when course titles and course numbers are the same, there may be great differences in both the content and the rigor of courses taken on other campuses. Since transferring late in an academic program disrupts the continuity of an educational program, we do not recommend transfer after four semesters.

Students who expect to earn the bachelor's degree in business from IU's Bloomington campus must complete the last 30 credit hours of the degree program in Bloomington. The integrative core BUS F301, J301, M301, and P301 must be taken on the Bloomington campus or the Indianapolis campus to ensure integration.

Other 300- and 400-level business courses may not be transferred from IU campuses without approval of the IUB Business Undergraduate Program Office.

Credit for Independent Study by Correspondence
The Kelley School of Business does not recommend any academic work be taken through independent study. The school will accept a maximum of two courses (6 credit hours) by correspondence study to count toward the degree requirements. However, because of their basic importance in the degree program, business courses may not be taken by correspondence study to satisfy admission or degree requirements or as business electives. In addition, the following non-business courses (or their equivalents) may not be taken by correspondence study for admission or degree purposes: MATH M118, M119; ECON E201, E202, E370; CMCL C121; or courses used to fulfill a business concentration requirement.

NOTE: All correspondence courses taken in the final semester to fulfill degree requirements must be completed three weeks prior to the end of a regular semester.

Credit by Self-Acquired Competency
The Kelley School of Business does not award academic credit on the basis of self-acquired competency. However, the school will give examinations for credit in specific courses if the chairperson of the department offering the course believes that a student's experience gives the student a reasonable chance of passing the examination. To be eligible to take a credit examination, the student must be regularly enrolled at Indiana University.

The school will not accept the transfer of credit for business course work from other institutions if the credit was awarded on the basis of self-acquired competency.

For non-business courses, the school will accept credit for specific courses awarded on the basis of self-acquired competency by other baccalaureate degree-granting units of Indiana University and by other institutions accredited by the North Central Association of Colleges or comparable regional associations.

The Kelley School of Business will not accept general (nonspecific) self-acquired competency credit awarded by any other division/school of Indiana University or by other institutions.

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Grading System

The official grading system of the university and the equivalent grade point values are as follows:

A+ or A
A-
B+
B
B-
C+
4.0
3.7
3.3
3.0
2.7
2.3
C
C-
D+
D
D-
F
2.0
1.7
1.3
1.0
0.7
0.0

No grade points are assigned for the following grade symbols: I (incomplete), NC (no credit), NR (no report filed by instructor), P (passing), R (deferred), S (satisfactory), W (withdrawn).

Grade Point Average
The cumulative grade point average (GPA) is computed by dividing the total number of grade points earned by the total number of credit hours completed in which grades of A through F are earned.

The GPA is based only upon course work taken at Indiana University. Credit earned at another institution may be applied toward degree requirements, but the grades earned at other institutions will not be calculated in the Indiana University cumulative grade point average.

FX Policy
The Kelley School of Business will calculate FX grades as F's for internal purposes and degree requirements. This calculation will apply to admission, graduation, and all categories of academic standing. A student may use the FX option (retake a failed course) for purposes of the university transcript as stated in the Schedule of Classes. Petitions for the approval of FX grades are available at the information window of the Undergraduate Program Office in the Kelley School of Business.

Audit
The Kelley School of Business does not allow students to audit business courses.

Pass/Fail Option
Students in the Kelley School of Business may elect to take a maximum of two courses under the Pass/Fail option in an academic year. The procedure and deadline for declaring this option may be found in the Schedule of Classes. Special regulations affecting the Pass/Fail option for Kelley School of Business students are as follows:

  1. Only one course each semester or one course for an entire summer may be taken under the Pass/Fail option.
  2. Kelley School of Business students may not take any business course Pass/Fail. In addition, the Pass/Fail option may not be used for any course that satisfies an admission or a general-education requirement or the student's concentration requirement.
  3. A grade of P is not counted in the grade point average; a grade of F is included. Grades of P cannot be changed to any other letter grade.
Incompleted Courses
A temporary grade of Incomplete (I) on the transcript indicates that the course work completed is satisfactory but that the entire course has not been completed. A grade of I may be assigned only if the student is not in attendance during the last 25 percent of an academic term and the instructor has reason to believe that the absence was beyond the student's control. Otherwise, the instructor shall assign a grade of F.

It is the instructor's responsibility to specify the work to be done to remove the I grade and the period of time allowed for completion. Incomplete grades will be automatically changed to F's after one calendar year unless the course instructor has submitted a grade earlier. The instructor, however, may require the I to be removed in a period of less than one year. Upon satisfactory completion of the work within the time allowed, the I will be removed and the earned grade recorded. In special circumstances, the director of the Undergraduate Program may authorize that a grade of I be changed to a grade of W (withdrawn). A student who has received a grade of Incomplete should not register for the course a second time, but should arrange with the instructor to have the I grade changed to a letter grade upon completion of requirements.

R Grade
The R grade (deferred grade) on the final report indicates the nature of the course is such that the work of the student can be evaluated only after two or more terms. Courses in which an R grade is assigned will be announced as deferred grade courses in the Schedule of Classes.

Withdrawals
The grade of W (withdrawn) is given automatically to the student who withdraws from courses during the first seven weeks of a regular semester or during the first three weeks of a summer session. For those courses only meeting eight weeks, please refer to the Schedule of Classes. The grade will be recorded on the date of withdrawal. The deadline for withdrawal from courses with an automatic grade of W may be found in the Schedule of Classes.

In general, no withdrawals are permitted after the deadline. Exceptions to this policy are made only for urgent reasons related to extended illness or equivalent distress. The desire to avoid a low grade is not an acceptable reason for withdrawal from a course.

In order to withdraw from a course after the automatic withdrawal period, Kelley School of Business students must complete a petition form and submit it to the Petitions Committee through the Undergraduate Program Office in the Kelley School of Business. Non-business students enrolled in business courses must petition their own school. Students must provide written documentation supporting the petition. The Petitions Committee will give the instructor of the course the opportunity to comment on the petition. A minimum of 10 days is required for the Petitions Committee to determine approval or disapproval of a petition. If the petition is approved, the student will be assigned an automatic grade of W. If the petition is not approved, the student has two options: (1) remain in the course and receive whatever grade is earned, or (2) withdraw from the course with a grade of F regardless of the student's current grade in the course.

A student may not withdraw from individual courses during the last three weeks of a regular semester or the last two weeks of summer session. Only withdrawal from all courses will be permitted during this period. In the case of withdrawal from all subjects, a student must be passing the course(s) on the date of withdrawal to qualify for a grade of W. In any course that the student is failing on the date of withdrawal, the grade assigned will be F.

Students who withdraw from all courses during a semester (withdrawal from the university) must contact the Office of Student Advocates, Franklin Hall 206, to complete the withdrawal process.

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Scholastic Standards

Minimum Grades
The Kelley School of Business requires a grade of C or higher in all Integrative Core prerequisite courses. A grade of C is also required in each of the four courses that comprise the Integrative Core. Many concentrations within the school also have minimum grade requirements. Please see a business advisor for current minimum grade requirements.

Students may repeat each course once to achieve the required grade. If after the second attempt the grade of C is not met, the student must see a business advisor to repeat the course again.

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 Admissions and Probation to enroll in such courses as the committee may designate or to take other corrective action. The committee may review a student's records at any time and take whatever action seems necessary for the student's best interest or for the best interest of the school.

Upon the recommendation of the General Probation Committee, and with the approval of the dean of the Kelley School of Business, any student whose work is unsatisfactory or whose conduct is unethical may be dismissed from the Kelley School of Business.

Academic Standing
A student is considered to be in good standing when his or her grade point average is 2.0 (C) or higher for the last semester's course work and when his or her cumulative grade point average is at least 2.0.

Probation
A student is on general academic probation following any full-time enrollment period in which he or she fails to attain a minimum grade point average of 2.0 (C). A student is on critical probation and may be subject to restricted enrollment or dismissal whenever his or her cumulative grade point average falls below 2.0 or has been below 2.0 in three full-time enrollment periods.

Dismissal
At the discretion of the General Probation Committee, students may be dismissed from the Kelley School of Business if their cumulative grade point average falls below 2.0 (C) or if a student fails to meet the terms of his or her probation contract.

Readmission
The Committee on Admissions and Probation considers petitions from students who have been dismissed. In such cases, petitions must be submitted at least 30 days prior to the semester or summer session in which the student wishes to be readmitted.

Academic Misconduct
Indiana University and the Kelley School of Business expect students to follow the fundamental principles of academic integrity in the pursuit of learning. Academic integrity requires that students take credit only for ideas and efforts that are their own. Violation of these principles is considered an act of misconduct.

Academic misconduct is defined in the Code of Student Rights, Responsibilities, and Conduct. The penalties and procedures that apply when academic misconduct occurs are stated in the code. The policy on academic misconduct is also printed each semester in the Schedule of Classes.

The Kelley School of Business strictly follows the guidelines stated in the Code of Student Rights, Responsibilities, and Conduct. In addition, the school may also consider it appropriate to remove the student from the course involved and to assign a grade of F.

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Prerequisites for Business Courses

Prerequisites for business courses are enforced at the point of registration. Students must have on their IU transcript or be currently enrolled in the prerequisites exactly as printed in the Schedule of Classes. Otherwise, students should consult with an advisor before registration in order to obtain a prerequisite waiver for the course in which they want to enroll.

Honor Code
The Indiana University Kelley School of Business Honor Code provides an opportunity for students to actively shape their future behaviors, values, and lifestyles. This student-written code proclaims a commitment to ethical principles and fair academic competition and unifies students by a set of values that holds honesty and integrity in the highest regard. The Kelley School of Business Student Ethics Committee works with faculty and students to ensure that the standards of the honor code are upheld.

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Academic Regulations

Class Standing
Class standing is determined by the total number of credit hours completed for graduation. The following credit hours are required: senior, 86 or more; junior, 56-85; sophomore, 26-55; freshman, fewer than 26.

Semester Load
A typical academic load is 12 to 17 credit hours per semester, with the average load being 15 credit hours. Students who expect to carry more than 17 credit hours a semester should have a cumulative grade point average of 3.0 (B) or higher or have attained a grade point average of 3.0 (B) during the previous full semester.

Addition of Classes
No course may be added after the first two weeks of a full semester or the first week of a summer session unless the instructor of the class recommends that an exception be made to this policy and there is seating room according to the fire code.

Business Courses Numbered 300-499
Enrollment in business courses numbered 300-499 is limited to the following students:

  1. Kelley School of Business students.
  2. Non-business students who are planning to complete a minor in business or a Business Foundations Certificate.
  3. Non-Kelley School of Business students who are registered for degree programs requiring specific business courses (such programs include apparel merchandising and interior design, health administration, journalism, sports marketing and management, and telecommunications). Enrollment will be permitted only in required business courses. Prerequisites must be fulfilled for admission to business courses.
  4. Other students with specific permission of the department offering the course (departments may choose to declare certain courses as "open enrollment" courses).
The Integrative Core Experience
Students who expect to earn the Bachelor of Science in Business from the Bloomington campus must complete the courses in the business integrative core (BUS J301, F301, M301, and P301) on the Bloomington or Indianapolis campus.

The Integrative Core
During their junior year, Kelley School of Business students enroll in the Integrative Core semester, which is designed to make students aware of the extensive interdependence of business functions. The Integrative Core program consists of four 300-level Business courses in Finance, Marketing, Operations, and Strategic Management (F301, M301, P301 and J301). Each course must be completed with a C or higher. Students attend each of these classes and work in teams throughout the semester on projects requiring the application of skills from each of these areas. The semester culminates in a comprehensive case study exercise.

To be eligible for this junior-level experience, students must successfully complete 15 prerequisite courses: W131, C121, X204, K201, X201, A100, A201, A202, L201, E201, E202, E370, M118, M119, and X220 (all with a grade of C or higher). Students must also complete an I-Core Certification Application the semester before registering for the Integrative Core. Applications are available at www.kelley.iu.edu/ugradweb/. Applications are open from September 15 to October 15 for students registering for spring I-Core. Applications for both summer and fall I-Core open February 15 and close March 15.

The Integrative Core courses must be taken concurrently on the Bloomington or Indianapolis campuses in order to meet Kelley School of Business degree requirements. Students with questions regarding I-Core should meet with an academic advisor in the Kelley School of Business.

X420 Business Career Planning and Placement
All students in the Kelley School of Business are required to register with the Business Placement Office. In order to use the facilities of the Business Placement Office, students must enroll in BUS X420 Business Career Planning and Placement (2 cr.). Students in the Kelley School of Business are required to satisfactorily complete the course, even if they choose not to use the placement services of the Business Placement Office. Students in other schools or divisions of the university must have senior standing to enroll in BUS X420.

Physical Education Courses
A maximum of 4 credit hours of physical education courses (HPER courses with the prefix "E") may be applied toward the 124 credit hour total required for graduation.

ROTC Courses
Indiana University grants academic credit for ROTC courses offered by the Departments of Aerospace Studies and Military Science. Credits earned for ROTC courses will be counted toward the degree requirements as elective credits.

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Graduation

Senior Residence Requirement
Students who expect to receive the B.S. degree in business from Indiana University Bloomington must complete the last 30 credit hours of course work toward the degree program on the Bloomington campus.

Degree Applications
Candidates for the B.S. degree in business must submit an application with the recorder's office in the Kelley School of Business. Applications are available on the Kelley School of Business World Wide Web site (www.kelley.iu.edu/ugradweb/). Application deadlines are October 1 for December graduation, November 1 for May graduation, and February 1 for June or August graduation. Failure to file by the deadline may delay the official date of graduation.

Credits for all course work, except that of the current semester, must be recorded on the candidate's Indiana University transcript at least one month prior to the date of graduation.

Statute of Limitations
Candidates for the B.S. degree in business have the right to complete the degree requirements specified by the bulletin in effect at the time they entered Indiana University, provided: (1) the required courses are available and (2) no more than eight calendar years have elapsed since the date of entry.

In the event that the required courses are not available or that more than eight years have elapsed, students must apply to the Undergraduate Program Office in the Kelley School of Business to have their programs updated to meet the degree requirements currently in effect.

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1 No course substitutions are permitted for BUS K201 or X204 (X206 for accounting majors).
2 These dates are firm.


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