IU Bulletins HomeBloomington Campus
Indiana University Bulletins
Return to IUB Bulletins Home

Search Kelley School of Business Undergraduate 2002-2004 Online Bulletin

Kelley School of Business Undergraduate 2002-2004 Online Bulletin Table of Contents

 
Kelley School of
Business 2002-2004
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 
 

Bachelor of Science in Business

Degree Requirements
Course Requirements
Department of Accounting and Information Systems
Department of Business Economics and Public Policy
Department of Business Law
Department of Finance
Department of Management
Department of Marketing
Department of Operations and Decision Technologies
Special Opportunities

Degree Requirements

To be awarded the Bachelor of Science in Business degree, students must take the following steps:

  1. Complete a minimum of 124 credit hours. Of this number, at least 48 credit hours must be in business and economics courses; a minimum of 62 credit hours must be in courses other than business and economics.
  2. Complete the specific degree requirements of the Kelley School of Business as listed below.
  3. Complete the last 30 credit hours of the degree program at Indiana University Bloomington.NOTE: With prior written approval, students may take a maximum of 6 nonbusiness credit hours of the final 30 credit hours at another IU campus, at another institution of higher education, or by correspondence study through the Indiana University Independent Study Program. To request approval, students must complete a petition form, available from the Undergraduate Program Office in the Kelley School of Business, and then submit the form to the Petitions Committee through the Undergraduate Program Office.
  4. Take All 300- and 400-level business courses on the Bloomington campus. Any exceptions must be approved by the director of the Undergraduate Program. This requirement applies to the core curriculum and business courses listed for each curricular concentration.
  5. Be in good academic standing with a minimum cumulative grade point average of 2.0 (C) in all course work taken at Indiana University. In addition, all business courses must be completed with a minimum cumulative grade point average of 2.0 (C). Grades of A, B, C, D, F, and E-X are included in the cumulative grade point average.
  6. File a degree application at www.kelley.iu.edu/ugrad by the required deadline. Students who expect to graduate in December should file a degree application by October 1. Students whose intended graduation date is May should file a degree application by November 1, and those students with an intended graduation date of June or August should file an application by February 1.
Students in the Kelley School of Business are responsible for understanding and for meeting the degree requirements. Approval for any exceptions or modifications to the degree requirements must be in writing and may be granted only by the director of the Undergraduate Program.

Students who would like assistance in planning an academic program or clarification of degree requirements may consult an academic advisor in the Kelley School of Business.

Return to Top

Course Requirements

The course work required for the B.S. degree in business consists essentially of three parts:

General-Education Component
Business Component
Elective Hours, as necessary

Return to Top

General-Education Component

(62 credit hours)

Kelley School of Business majors must complete at least 62 credit hours outside of business and economics course work.1

I. Communications (8-9 credit hours)
II. Mathematics (6 credit hours)
III. International Dimension (6 credit hours)
IV. 27-Hour Core
V. Supplemental Hours

Return to Course Requirements

I. Communications (8-9 credit hours)

ENG W131 Elementary Composition or an approved English composition option (2-3 cr.)2
CMCL C121 Public Speaking (3 cr.)3
BUS X204 Business Communications (3 cr.)

(A minimum grade of C is required in all courses taken to fulfill the communications requirement.)

Return to General-Education Component

II. Mathematics (6 credit hours)

MATH M118 Finite Mathematics (3 cr.)1
MATH M119 Brief Survey of Calculus I (3 cr.) or MATH M211 Calculus I (4 cr.)2

(A minimum grade of C is required in all courses used to fulfill the mathematics requirement.)

Return to General-Education Component

III. International Dimension (6 credit hours)

The international dimension requirement may be fulfilled in any one of the following four ways.

  1. Language
    A minimum of 6 credit hours of a language at the 200 level or above
  2. International Business and Economics
    A minimum of 6 credit hours from the following list:
    BUS D301 The International Business Environment (3 cr.)
    BUS D302 International Business: Operations of International Enterprises (3 cr.)
    BUS L411 International Business Law (3 cr.)
    BUS F494 International Finance (3 cr.)
    BUS G494 Public Policy and the International Economy (3 cr.)
    BUS M401 International Marketing (3 cr.)
    ECON E303 Survey of International Economics (3 cr.)
    ECON E331 International Trade (3 cr.)
    ECON E332 International Monetary Economics (3 cr.)
    ECON E337 Economic Development (3 cr.)
    ECON E386 Soviet-Type Economies in Transition (3 cr.)
  3. Approved Overseas Programs
    Participation in any approved overseas program of Indiana University (minimum 6 cr.) will fulfill this requirement. Please see a business advisor.
  4. Area Studies
    Selection of two approved courses (minimum 6 cr.) from one of the following area studies programs.
    1. African studies
    2. Central Eurasian studies
    3. East Asian studies
    4. Latin American and Caribbean studies
    5. Near Eastern studies
    6. Russian and East European studies
    7. West European studies
NOTE: International students studying in the Kelley School of Business should see a business advisor to obtain a waiver for the International Dimension Requirement.

Return to General-Education Component

IV. 27-Hour Core

Students may choose ONE of two alternatives—the distribution option or a field specialization—to complete the 27-hr core.

Distribution Option
Complete a total of 27 credit hours of course work distributed in the following way:

  1. Fifteen (15) credit hours of course work offered by the College of Arts and Sciences in one of the areas listed below with a minimum of 6 credit hours at the 300/400 level (with the exception of Natural and Mathematical Sciences, which requires 6 credit hours at the 200 level or higher):
    1. Arts and Humanities
    2. Social and Historical Studies6
    3. Natural and Mathematical Sciences7
  2. Six (6) credit hours in each of the other two College of Arts and Sciences areas not selected for the 15 credit hour requirement.
NOTE: For the distribution option, students may use one course for each area chosen from the following: COAS TOPICS courses E103, E104, E105, S103, S104, and S105, and Intensive Freshman Seminar courses.

Field Specialization Option
Students may complete one of the field specializations listed below by completing 27 credit hours taking any courses from the departments or schools within the chosen field. At least 6 of the 27 required credit hours must be at the 300/400 level for all but the science and technology field, which requires at least 6 credit hours at the 200 level or above.

  1. Communication
    Journalism
    Telecommunications
    English
    Communication and culture
    Speech and hearing sciences
    Physics (P105 and P106 only)

  2. Environmental
    Biology
    Chemistry
    Geological sciences
    Public and environmental affairs
    Physics (P120, P201, P202, P211, and P310 only)

  3. Global Studies and Languages
    African studies
    American Sign Language
    Central Eurasian studies
    Classical studies (language courses)
    East Asian studies
    French/Italian
    Germanic studies
    India studies
    Jewish studies
    Latin American and Caribbean studies
    Near Eastern studies
    Russian and East European studies
    Spanish/Portuguese
    West European studies

  4. Not-for-Profit
    Fine arts
    Jewish studies
    Music
    Philosophy
    Public and environmental affairs
    Religious studies
    Social work
    Theatre

  5. Science and Technology8
    Astronomy
    Biology
    Chemistry
    Computer science
    Geological sciences
    History and philosophy of science
    Mathematics
    Medical science
    Physics
NOTE: If the subject of a COAS TOPICS course or freshman seminar (such as an Intensive Freshman Seminar) is within the realm of a department listed for a field specialization, students can discuss with a Kelley School of Business advisor the possibility of having it counted toward the field specialization. The applicability of courses to fulfill the field specialization requirements is subject to the approval of the Undergraduate Program.

Return to General-Education Component

V. Supplemental Hours

Students may choose courses from throughout the university, excluding Kelley School of Business and Department of Economics courses, to complete the 62 credit hour general-education component. The number of credit hours each student will take for this will depend on how other categories of the general-education component are met.

General-Education Special Opportunities

Freshman Seminars
Freshman Seminars are 3 credit hour courses taught by full-time faculty with a maximum enrollment of 20 freshmen. They are content-oriented and normally include a writing component.

If the subject of a freshman seminar is within the realm of a department listed under a field specialization option, the seminar may count toward the field specialization requirement. For the distribution option, one freshman seminar course may be counted in each area. See a Kelley School of Business advisor to determine how specific freshman seminars may apply to the distribution option or field specialization requirements.

COAS Topics Courses
The Kelley School of Business will use the number definitions established by the College of Arts and Sciences for topics courses as follows:
COAS E103 TOPICS in Arts and Humanities
COAS E104 TOPICS in Social and Historical Studies
COAS E105 TOPICS in Natural and Mathematical Sciences

Students may apply one COAS topics course per area to the distribution option or field specialization requirements. Additional topics courses taken will be counted as supplemental hours.

COAS Honors
The College of Arts and Sciences has designated the numbers shown below as honors courses. Students may apply any honors course with the following course prefix and number to the distribution option or field specialization program; however, only one course will count toward fulfilling requirements.
HON H203 Interdepartmental Colloquia (Arts and Humanities)
HON H204 Interdepartmental Colloquia (Social and Historical Studies)
HON H205 Interdepartmental Colloquia (Natural and Mathematical Sciences)
HON H211 Ideas in Human Experience—Ancient (Arts and Humanities)
HON H212 Ideas in Human Experience—Modern (Social and Historical Studies)

Return to General-Education Component

Return to Course Requirements

Business Component

I. Fundamentals
II. Junior Year
III. Senior Year
IV. Integrative Core
V. Business Concentrations

Return to Course Requirements

I. Fundamentals

All courses must be completed with a C or higher.
BUS A100 Business Accounting Skills (1 cr.)
BUS A201 Introduction to Financial Accounting (3 cr.)
BUS A202 Introduction to Managerial Accounting (3 cr.)
BUS K201 The Computer in Business (3 cr.)
BUS L201 Legal Environment of Business (3 cr.)
BUS X201 Technology (3 cr.)
BUS X220 Career Perspectives (2 cr.)
ECON E201 Introduction to Microeconomics (3 cr.)
ECON E202 Introduction to Macroeconomics (3 cr.)
ECON E370 Statistical Analysis in Economics and Business (3 cr.)

Return to Business Component

II. Junior Year

BUS Z302 Managing and Behavior in Organizations (3 cr.)
BUS G302 Business and Economic Strategy in the Public Arena (2 cr.)

Return to Business Component

III. Senior Year

BUS X420 Business Career Planning and Placement (2 cr.)

Return to Business Component

IV. Integrative Core (12 cr.): (must be completed with a C or higher)

BUS F370 Financial Management (3 cr.)
BUS J370 Strategic Management (3 cr.)
BUS M370 Marketing Management (3 cr.)
BUS P370 Operations Management (3 cr.)

Return to Business Component

V. Business Concentrations

In addition to fulfilling the general-education component and the business component requirements previously listed, students in the Kelley School of Business select one or more of the following concentrations, listed below under their home departments.

Accounting and Information Systems

Accounting
Computer Information Systems
Business Economics and Public Policy
Economic Consulting Track
Public Policy Analysis Track
Business Law
Legal Studies
Finance
Finance
Finance-Real Estate
Management
Entrepreneurship
International Studies9
Management
Marketing
Marketing
Marketing—Distribution Management
Operations and Decision Technologies
Business Process Management
Production/Operations Management
Concentration requirements are subject to change during the two years covered by this bulletin. It is the student's responsibility to stay informed of concentration changes by seeing a business academic advisor on a regular basis.

Please see a business academic advisor for current minimum grade requirements.

Return to Business Component

Return to Course Requirements

Return to Top

Department of Accounting and Information Systems

Accounting
Computer Information Systems

Return to Top

Accounting

The Bachelor of Science (B.S.) in accounting curriculum prepares students for careers in auditing, corporate accounting, management consulting, government and not-for-profit organizations, and taxation. It equips the prospective business executive with tools for intelligent analysis, planning, control, and decision making. Graduates of this program are among the leaders of the profession and the worldwide business community. The accounting curriculum also provides an excellent foundation for the student who wants to pursue graduate work in business, public administration, or law. Because this curriculum is highly structured—most of the courses must be taken in a certain order—interested students should select this major as soon as possible in order to graduate within four years.

Internships in business or government are available on a selective basis during the fall, spring, and summer terms. Fall is an ideal time to apply for an accounting internship, as the majority of public accounting internships are spring-semester positions. The Business Placement Office can provide further information about internships. The Kelley School of Business does not award academic credit for internships.

Accounting graduates who meet the requirements of the State Board of Public Accountancy of Indiana are eligible to sit for the Uniform CPA Examination in Indiana. Those who wish to engage in public accounting practice in Indiana as certified public accountants should familiarize themselves with the rules and regulations issued by the Indiana State Board of Public Accountancy, 912 State Office Building, Indianapolis, IN 46204. Beginning in the year 2000, most states (including Indiana) began requiring accounting professionals who wish to be licensed as certified public accountants to have completed 150 semester hours of education. The Department of Accounting and Information Systems has two graduate programs for those individuals who wish to fulfill the education requirements necessary to sit for the CPA examination (described below). Students planning to practice outside Indiana should consult the CPA board in their intended state of residence. Call 1-800-CPA-EXAM for additional information.

Concentration Requirements
Freshman Year: BUS A100.
Sophomore Year: BUS A201-A202.
Junior Year: BUS A311, A325, A329, X301, and S302.
Senior Year: BUS A312, A424 and either A422, or A437. Students must also elect a 9 credit hour supporting concentration in a business discipline other than accounting; information systems is recommended.

Accounting Graduate Programs
The Master of Business Administration in Accounting (M.B.A./Acc.) program is designed for those students who seek an accelerated path into the business world. It provides an opportunity for some Kelley School of Business students to earn both B.S. and M.B.A. degrees in five years. Admission to the program is on a competitive basis during the junior year or later. The M.B.A. in Accounting is intended to develop leaders in the business community through accelerated preparation for the accounting and consulting professions. Students who follow this path focus on the development of professional and personal skills and attitudes, as well as on more comprehensive professional and business knowledge. Students interested in applying for this program should visit the Accounting Graduate Programs Office during their sophomore year or early in their junior year.

The Master of Professional Accountancy (M.P.A.) program is for students who already hold a B.S. or B.A. in any discipline. Students who hold undergraduate degrees in accounting can complete this program in one academic year; others will need a full calendar year. The program is designed to prepare promising students for active participation in the business community through corporate or public accounting entry points. Students who follow this path will focus on the development of professional and personal skills and attitudes, as well as technical accounting and business knowledge.

For further information on either one of the graduate programs, please contact the Accounting Graduate Programs Office in Business 426, phone (812) 855-7200, e-mail (acctgrad@indiana.edu), or visit the Web site at www.kelley.iu.edu/agp.

Return to Department of Accounting and Information Systems

Computer Information Systems

The Bachelor of Science (B.S.) in computer information systems curriculum prepares students for careers in the broadly defined computer information systems field as it applies to business. Most program graduates begin their careers as systems analysts, programmer/analysts, or consultants, but an increasing number of information systems graduates are likely to be employed as computer liaisons in the traditional functional areas of accounting, finance, marketing, or production. Demand for information systems graduates is expected to remain high for the foreseeable future, with average starting salaries likely to be the highest among all concentrations available in the Kelley School of Business. Opportunities in the information systems area are superb for students with an interest in computers, a high level of analytical ability, and a desire to work on challenging problems in a business environment. Strong demand exists both in corporations and in management consulting organizations.

In addition to the courses required for all business students, students pursuing a concentration in computer information systems must take eight business courses. These include S205 Visual Programming and one other programming course, either S210 Business Computing Using COBOL, or S215 Business Computing Using C and C++; S302 Management Information Systems; S305 Business Telecommunications; S307 Data Management; S310 Systems Analysis and Design; and two 400-level courses, one chosen from S410, S415, or S420 and the second chosen from S405, S410, S415, S417, S420, S430, or S435. Because this curriculum is highly structured- most of the courses must be taken in a certain order- interested students should select this concentration as soon as possible in order to graduate within four years.

Concentration Requirements
Freshman Year: BUS K201, MATH M118 and M119.
Sophomore Year: BUS S205 and either S210 or S215.
Junior Year: BUS S302, S305, and S307.
Senior Year: BUS S310, one course from S410, S415, and S420, and one additional course from S405, S410, S415, S417, S420, S430, or S435.

Return to Department of Accounting and Information Systems

Return to Top

Department of Business Economics and Public Policy

Business economics is playing an increasingly important role in managerial decision making in the United States and in international settings. Consequently, job opportunities have expanded. Firms are particularly interested in the fields of policy analysis, applied economics, and forecasting. Enterprises have also become increasingly influenced by governmental rules, regulations, and policies. Specifically regulated industries, such as public utilities, have a need for individuals qualified to deal with the economic and administrative problems that they encounter as they face increased competition and government scrutiny. The undergraduate concentration in business economics and public policy provides students with training in the application of micro- and macroeconomics to problems of business decision making, the effect of governmental policies on the business environment, and forecasting techniques.

The concentration is especially useful for students who wish to pursue business or government careers that are related to the fields of applied economics, economic development, regulation, policy analysis, and forecasting. Students intending to pursue graduate programs in law, business, public administration, or economics will find that a business economics and public policy concentration serves as an excellent foundation.

The department offerings include courses in managerial economics, forecasting, international economics and policy, business conditions analysis, public policy, urban economics, game theory, and business and economic history.

Economic Consulting Track

To be a successful management or economic consultant, one must master three types of skills: diagnostic (asking the right questions), analytical (being mathematical and logical), and communication (writing and speaking not only well, but logically). Tools and thinking processes, rather than specialized industry knowledge, are the essential assets that enable the consultant to cope with a vast array of challenges. The range of problems is virtually infinite: antitrust, industry regulation, damage analyses, economic and financial modeling, intellectual property valuation, environmental economics, and public policy, to name a few.

Concentration Requirements
BUS G300, G303, G345, G350, G400, G406, and G490.

Public Policy Analysis Track

This track is aimed at students who want a liberal arts concentration to prepare for graduate or professional school or to prepare for a public-sector position.

Concentration Requirements
BUS G300, G303, G330, G345, G350, and G494.

Return to Top

Department of Business Law

Legal Studies

The business law department's course offerings acquaint students with what is probably the most important external factor affecting business decisions: the law. These courses provide an understanding of the nature, functions, and practical operation of the legal system. They also provide considerable information about the most important substantive legal rules restricting- and facilitating- business conduct. Finally, they help develop both critical reasoning skills and an appreciation of the social, ethical, and economic forces that help make the law what it is.

Concentration Requirements
Sophomore, Junior, and Senior Years: BUS L201 and L470; three courses from BUS L100, L250, L303, L315, L350, L406, L408, L409, L411, L412, and M429; and one additional course from the above list or from BUS D301, G330, G406, J404, X405, Z404, JOUR J300, SPEA V450, and POLS Y304.10

Return to Top

Department of Finance

Finance
Finance—Real Estate

Return to Top

The finance concentration prepares students for a broad range of careers. Within the finance concentration there are three tracks from which to choose: two finance tracks and a real estate track. Students progressing on a four-year schedule generally need to choose between these tracks before registering for senior-year courses.

All students in the finance concentration take the "Finance Core," which consists of two courses: F303 Intermediate Investments and F305 Intermediate Corporate Finance. The Finance Core provides a rigorous treatment of the core concepts of finance and develops spreadsheet skills in financial modeling. This core also provides a solid depth of knowledge and serves as a foundation for all of the 400-level finance electives. In addition, the finance concentration requires 6 credit hours of accounting courses. This lays a critical foundation in accounting that finance employers demand.

The finance electives provide a wide breadth of knowledge. These courses allow students to specialize in any of the subfields of finance: corporate finance, investments, banking, international finance, and entrepreneurial finance. Nearly all of these courses further develop spreadsheet skills in financial modeling.

Finance

The finance tracks prepare students for careers in finance, including positions in five subfields. (1) Corporate finance positions, such as financial analyst or working in the treasurer's office. (2) Investments positions, such as broker, security analyst, portfolio manager, or trader. (3) Banking positions, such as credit analyst, loan officer, or branch manager. (4) International finance positions, such as working in finance outside the US or working in finance in the US arm of a multinational corporation. (5) Entrepreneurial finance positions, such as venture capitalist or doing small business finance.

The finance electives are organized by the same subfields. Corporate finance electives are F307, F402, and F408. Investment electives are F335, F420, and F421. Banking electives are F446 and G345. The international finance elective is F494. The entrepreneurial finance elective is F317. Additional options include taking one course from a list of finance-oriented accounting courses or taking the introductory real estate course.

Concentration Requirements

Option 1:
Required Courses: BUS A310, A324, F303, F305, and one of the following: BUS A327, A329, A420, A422, or A437.

Elective Hours: Twelve (12) credit hours with at least 6 credit hours at the 400-level from the following: BUS F307, F317, F335, F390, F402, F408, F420, F421, F446, F470, F494, G345, R305. Three credit hours may also be counted from the following: BUS A329 (3 cr.), A422 (3 cr.), A437 (3 cr.), or A327 (1.5 cr.) and A420 (1.5 cr.).

Note: The same course cannot count twice. Both BUS A327 and A329 cannot be counted. No credit will be given for BUS A310 if taken after or concurrently with BUS A311.

Option 2:
Required Courses: BUS A311, A312, A324, F303, F305, and one of: A327, A329, A420, A422, or A437.

Elective Hours: Nine (9) credit hours, with at least three (3) credit hours at the 400-level, from: BUS F307, F317, F335, F390, F402, F408, F420, F421, F446, F470, F494, G345, R305.

Note: The same course cannot count twice. Both BUS A327 and A329 cannot be counted. No credit will be given for BUS A310 if taken after or concurrently with BUS A311.

Return to Department of Finance

Finance—Real Estate

The real estate track prepares students for careers in corporate real estate, investment analysis, appraising, financing, mortgage banking, property management, and residential and commercial properties marketing. The curriculum emphasizes analytic techniques applicable to real estate (R305), appraisal methods (R440), and the decision-making process for acquiring, financing, and managing income-producing properties (R443). Real estate represents a substantial portion of the nation's wealth and is an important component of the investment portfolios of many individual investors and financial institutions.

Concentration Requirements

Required Courses: A310, F303, F305, L408, R305, R440, R443

Elective Hours: Three (3) credit hours from: A327, A329, A420, F307, F317, F335, F402, F408, F420, F421, F446, F494, L409.

Note: The same course cannot count twice. Both A327 and A329 cannot be counted. No credit will be given for A310 if taken after or concurrently with A311. F408 is only open to Honors students and students who obtain authorization from the Finance Department.

Return to Department of Finance

Return to Top

Department of Management

The Department of Management encompasses the areas of management and organizations, human resource management, organizational behavior, business strategy and policy, entrepreneurship, and international business. The curriculum provides students with either a broad-based background preparing them for entrance into managerial positions or specialized training in an area of concentration.

The department offers concentrations in:

Entrepreneurship
International Studies
Management

Return to Top

Entrepreneurship

The image of business in the United States is often one of mammoth national and multinational corporations. Too often the role of the entrepreneur and the importance of small businesses in the economy are overlooked. A vital cornerstone in sustaining the free enterprise system is the continual birth of new enterprises and the identification, encouragement, and nurturing of entrepreneurial aspirations.

The Kelley School of Business, recognizing the contributions of entrepreneurs and the interest shown by students in creating and managing small businesses, offers an entrepreneurship concentration. This concentration focuses on the special skills and knowledge needed by entrepreneurs and managers of small and medium-sized firms.

Concentration Requirements

Junior and Senior Years: BUS A305 or F317, W211, W311, W406; one course from BUS Z402, Z404, Z440, and W405.

Return to Department of Management

International Studies

In response to new and dynamic patterns of international business, American business firms have progressed far beyond the comparatively simple stage of import-export operations. Many companies are becoming multinational, with production units in numerous foreign countries. Private enterprise in the United States has become more intimately concerned with the economic, political, and social trends of foreign nations. The Kelley School of Business has recognized these developments in its international studies program.

Students may elect two courses—BUS D301 and D302—dealing with the general problems involved in international business, economics, and area studies. The student of international studies may also participate in overseas study programs or take foreign language courses. Students who wish to pursue further course work in the international area may choose international studies as a second concentration.

  1. The international studies concentration (ISC) is an option available only to students admitted to the Kelley School of Business.
  2. The ISC is a second concentration available to Kelley School of Business students. It may not be listed as a first concentration.
  3. The ISC consists of 9 credit hours of course work taken in addition to the international dimension requirement. These 9 credits may not be selected from the same option used for the international dimension requirement.
Options include the following:
  1. Foreign language (a maximum of 6 credit hours of foreign language at the 200 level or above may be applied to the international studies concentration). If the international dimension requirement is fulfilled with a foreign language, 9 additional credit hours must be completed from the other options.
  2. Participation in an overseas study program (a maximum of 9 credit hours may be applied to the international studies concentration). If the international dimension requirement is fulfilled through participation in an overseas study program, 6 to 9 additional credit hours must be completed from the other options for a total of 15 credit hours.
  3. International business and economics course work.
  4. Area studies course work.
See a business academic advisor to discuss the possible combinations for fulfilling this concentration.

Options for International Students International students admitted to the Kelley School of Business are not expected to fulfill the international dimension requirement. They may pursue the second concentration in international studies by completing 9 credit hours from the options listed above. If the foreign language option is selected, students must study a language other than their native language. If the overseas study program is selected, students must participate in an overseas study program that is not in their native country.

Return to Department of Management

Management

Society recognizes the importance of understanding both management and the complex nature of the organizations under which managers operate: business, government, hospitals, and universities. The faculty is concerned with improving this understanding through a study of individual and group behavior, organizational theory, and human resource development.

The courses offered in this concentration are concerned not only with the broad aspects of management and organization, but also with developing skills for dealing with problems of motivation, organization design, and the increasingly complex problems of human resource allocations in today's interdependent society.

This concentration provides the flexibility to accommodate students whose interests include preparation for entry into corporate management training positions, application of behavioral science to management, the personnel function in both line and staff capacities, and managing the small business.

Concentration Requirements

Junior and Senior Years: BUS W430, Z404, Z440, and two of the following: Z402, Z442, and Z443 (Z302 is a prerequisite for all of these courses).

Return to Department of Management

Return to Top

Department of Marketing

Marketing
Marketing—Distribution Management

Return to Top

Marketing

The study of marketing concerns itself with all activities related to the marketing and distribution of goods and services, from producers to consumers. Areas of study include buyer behavior, the development of new products, pricing policies, institutions and channels of distribution (including retailing, the Internet and wholesaling), advertising, professional selling, sales promotion, marketing research, and the management of marketing to provide for profitable and expanding businesses.

The marketing curriculum provides comprehensive training for students so they can approach problems with a clear understanding both of marketing and of the interrelationships between marketing and other functions of the firm. Marketing majors include students planning careers in marketing, management, advertising, professional sales, sales management, retailing, wholesaling, marketing research, and distribution. Students may pursue within the curriculum a modest degree of specialization in the area of their vocational interest.

Concentration Requirements

Junior Year: BUS M303, M340, M341, M342, and M343.

Junior and Senior Years: Three courses from BUS M401, M402, M405, M407, M411, M412, M415, M419, M426, M429, and M430.

Senior Year: BUS M450.

Return to Department of Marketing

Marketing—Distribution Management

The undergraduate concentration in distribution management prepares students for careers in physical distribution management and transportation. The curriculum emphasizes the role of distribution and transportation in making goods available in the world marketplace and to the nation in a timely and economical fashion. A student completing the distribution management concentration is qualified for work in corporate distribution management, private carrier management, warehousing, and transportation carrier management in railroad, motor carrier, airline, and related fields. The courses combine theory, principles, concepts, and practice involving marketing, distribution channels, rate negotiations and rate making, transportation regulation, transportation economics and public policy, and customer service standards and related subjects.

Concentration Requirements

Junior Year: BUS M303, M342/M343.

Senior Year: BUS M411, M412, and two courses from BUS M401, M402, M407, M426, and M450.

Return to Department of Marketing

Return to Top

Department of Operations and Decision Technologies

Business Process Management
Production/Operations Management

Return to Top

Business Process Management

Business Process Management (BPM) majors will be able to interact with technology in significant ways to solve organizational problems. Today's global business environments are characterized by unprecedented competitive pressures that demand innovative and speedy solutions. A key component of managing these fast-changing environments is a breed of new information systems that integrate and optimize processes across the entire enterprise. Such systems are called Enterprise Resource Planning (ERP) systems. SAP AG, a German firm, is the world leader in developing and implementing ERP systems. BPM majors will learn to use SAP Enterprise Resource Planning software, as well as other software packages, to improve operations. The opportunities for BPM majors range from designing and/or managing the technical operations of a complex, computer-controlled manufacturing firm to providing technical support for a large retailer and/or distributor to designing and/or managing technology that supports investment portfolios and banking operations. In addition to these areas, a BPM degree prepares students for support/consulting positions. Increasingly, companies are outsourcing certain types of work, including technology-related projects, to consulting agencies. Students interested in traditional operations management occupations also should consider this concentration.

Concentration Requirements

Required Courses: BUS K317; one of the following: BUS S205 and CSCI A201; and three of the following: BUS K217, K410, P421, P429, and P431.

Required Set of Electives: Two courses from ONE of three sets:

Computer Technology: CSCI A202, A306, BUS S215, S302, S305, S307, S310, and K490

Financial Analysis: F303, F305, and F421

Materials Management: M303, M402, M407, M411, M412

Return to Department of Operations and Decision Technologies

Production/Operations Management

The production/operations management concentration allows students the greatest tailoring of their interests in either line or staff positions in industries such as transportation, retailing, and entertainment. Students can also customize this concentration by pursuing courses that focus on the application of computing and information technology to improve manufacturing operations. Job opportunities are in such fields as systems analysis, production control, and quality assurance.

Both the inbound (purchasing) and outbound (distribution management) functions control the flow of material in an organization. Job opportunities as buyers, inventory planners, and material planners exist in manufacturing and in service industries such as health care. In addition, the concentration can prepare students for careers as first-line supervisors, which provide a breadth of experience like no other assignment in a firm. Opportunities are present in auto manufacturing, bank back-office operations, and food processing.

Concentration Requirements

Required Courses: BUS P320, P421, and P429.

Elective Hours: Six (6) credit hours from BUS A310, A311, A325, ECON E304, E315, BUS F305, F402, K217, K410, M303, M402, M407, M411, M412, S302, S305, S307, S310, and P490.

Return to Department of Operations and Decision Technologies

Return to Top

Special Opportunities

Honors Program
Overseas Study Programs
Optional Minors
Minor in Business
Minor in Entrepreneurship and Small Business Management
Business Foundations Certificate Program
Second Bachelor's Degree

Return to Top

Honors Program

The Kelley School of Business Honors Program is a highly selective academic experience that provides students with increased challenge and innovative learning experiences. The program emphasizes special curricula, independent research, leadership opportunities, and the individual student/ faculty interaction that is necessary to fully develop those students who possess the capacity and motivation to excel.

Admission
Students who are applying to or have been admitted to the Kelley School of Business, who will have completed 26 credit hours of college course work, and have earned a minimum cumulative grade point average of 3.5 by the end of their freshman year may apply for admission to the Business Honors Program. Students are admitted in the fall semester only, and applications are due by April 1 of the preceding semester. Visit http://www.kelley.iu.edu/ugrad/honors for applications. Applicants are evaluated on the basis of their grade point average, participation in extracurricular activities, demonstrated leadership ability, work experience, two faculty recommendations, and a brief essay.

Curriculum
Honors courses enable superior students to engage in a rigorous, competitive, and challenging course of study while enjoying the benefits of smaller classes and closer faculty involvement.

Once admitted, honors students are required to take part in a leadership development and team-building retreat, take 18 credit hours of freshmen/sophomore-level honors courses, and take the honors section of the integrative core in the fall semester of the junior year. The core includes an integrating exercise and is taught by tenured faculty.

As a senior, honors student must complete either a supervised independent research project (BUS X496), or they may enroll in one of two senior level leadership seminars (BUS X493 or BUS W494). Choices for independent research include a traditional research paper, a business plan, or an industry analysis. The research will be supervised by a faculty member of the Kelley School of Business. BUS X493 topics offered in the fall include leadership, negotiation, globalization, packaging and professionalism. BUS W494 topics, offered in the spring, include leadership and globalization. Each course requires a significant writing component.

Students are also required either to undertake an internship or to participate in an overseas study program. Lastly, honors students must maintain a minimum grade point average of 3.5 throughout the program of study. Upon graduation, students who have maintained this grade point average and have successfully completed the program will have "with Departmental Honors" noted on their diplomas and transcripts.

Return to Special Opportunities

Overseas Study Programs

The Kelley School of Business offers students the opportunity to discover the culture of a different country through a semester of study overseas. The students learn about international business and the economic, social, and political environment of the country in which they are living. These programs may give students further opportunities to visit governmental and political agencies, as well as multinational firms.

Qualified students may participate in the following programs:

Spring Semester
Barcelona, Spain (2 semesters of college-level Spanish required); Seville, Spain (5 semesters of college-level Spanish required); Maastricht, the Netherlands; Monterrey, Mexico (4 semesters of college-level Spanish required); Manchester, England; Hong Kong; Copenhagen, Denmark.

Summer
Maastricht, the Netherlands (6 weeks); Mikkeli, Finland (10 weeks for 9 credits); Copenhagen, Denmark (6 weeks).

Fall Semester
Barcelona, Spain (two semesters of college-level Spanish required); Seville, Spain (five semesters of college-level spanish required); Rouen, France (5-6 semesters of college-level French required); Reutlingen, Germany (5-6 semesters of college-level German required); Copenhagen, Denmark.

These academic programs enable students to earn 6 to 15 hours of Indiana University credit by attending English-speaking classes taught by faculty from the host university. (The exceptions are programs in Monterrey, Mexico, and Barcelona and Seville, Spain where some classes will be taught in Spanish, and Rouen, France, where some classes will be taught in French, and Reutlingen, Germany where some classes will be taught in German.) Typically, business students participate in these programs during the junior or senior year. The integrative core is a prerequisite for participation in Kelley School of Business overseas study programs. The overseas study programs will fulfill the international dimension requirement or may apply to the international studies concentration.

The Kelley School of Business offers two German internship programs sponsored in connection with the Fachhochschule für Wirtschaft at Pforzheim and the Universität Erlangen-Nürnberg at Nürnberg. Qualified business students spend approximately 10 to 12 weeks in Germany. Qualified students may also spend 8 to 10 weeks, beginning in the middle of May, in an internship program in Slovenia sponsored in connection with the University of Ljubljana. The programs are open to Kelley School of Business juniors, seniors, and first-year M.B.A. students. Undergraduate students must have taken or be currently enrolled in the integrative core. Students need some German language background in order to participate in the German internship program.

A dual-degree program with ESB Reutlingen, Germany offers students the opportunity to obtain two degrees from two of the best business schools in the world. Designed for students interested in a challenging education that combines the study of German and business, the dual-degree program is the first of its kind at Indiana University Bloomington.

The IU/Maastricht University Extended Degree Program offers selected students the opportunity to obtain the Bachelor of Science in Business from Indiana University and the Master of International Business degree from Maastricht University, Maastricht, the Netherlands in a five-year program. Admission to the program is on a competitive basis during the junior year. This program is intended to prepare promising students for active participation in international business.

Return to Special Opportunities

Optional Minors

Students in the Kelley School of Business may elect to complete the requirements for a minor in College of Arts and Sciences course work through those departments offering approved minors. The department offering the minor will define the requirements for completing the minor. Students are required to follow departmental rules regarding grades, prerequisites, and course requirements. The minor will appear on the student's Indiana University transcript. No more than three minors may appear on the transcript.

Information concerning approved minors is available in the Academic Advising Office in the Kelley School of Business and in the College of Arts and Sciences Bulletin. Students should consult with an advisor in the department offering the minor.

Business students may also complete the requirements for minors in kinesiology, human sexuality, applied health science, tourism management or dance through the School of Health, Physical Education, and Recreation and in the Schools of Journalism, Music, Informatics, and Public and Environmental Affairs.

Return to Special Opportunities

Minor in Business

Students pursuing a baccalaureate degree on the Bloomington campus in the College of Arts and Sciences; the School of Music; the School of Health, Physical Education, and Recreation; the School of Continuing Studies; or the School of Public and Environmental Affairs may obtain a minor in business by successfully fulfilling the following requirements:

  1. Complete 26 or more credit hours of college course work that counts toward graduation and be admitted to a degree-granting school.
  2. Successfully complete the following courses:
    BUS A200 (or equivalent)
    BUS K20111 (grade of C or higher required)
    BUS L201
    Four of the following five:
    BUS F30012
    BUS G30012
    BUS M30012
    BUS P30012
    BUS Z302 or J306
Economics E201 is recommended to round out the student's minor in business.

IMPORTANT NOTE: The College of Arts and Sciences (COAS) limits the number of hours outside COAS that will count toward a degree. See the COAS Bulletin for details. Students who are unclear about requirements or minimum grades should check with the COAS recorder's office, Kirkwood Hall 001.

It is the student's responsibility to check with his or her individual school to make sure the proper procedures for declaring the minor and completing requirements are followed. Students completing a business minor should fill out an Application for Minor form in the Recorder's Office of the school in which they intend to graduate in order to have the minor listed on their transcripts.

Students should meet with an advisor from their major department to ensure that program planning is accurate.

Return to Special Opportunities

Minor in Entrepreneurship and Small Business Management

This minor is intended for students (nonbusiness majors) who have aspirations and goals in business that will require entrepreneurial skills. Such students might plan to open businesses of their own or work for smaller and/or family-owned businesses. As an alternative to the more traditional minor in business, the minor in entrepreneurship and small business management will fulfill such students' educational needs while allowing them to pursue their career goals more directly. Students must complete the following requirements (courses may not be taken through correspondence):

  1. Complete 26 or more credit hours of college work and be admitted to any of the following IUB degree-granting units: College of Arts and Sciences; School of Continuing Studies; School of Health, Physical Education, and Recreation; School of Journalism13; School of Music; and School of Public and Environmental Affairs.
  2. Successfully complete the following courses (18 credit hours):
    BUS A200 Foundations of Accounting (3 cr.) (or A100 and A201; or A100 and A202)
    BUS K201 The Computer in Business (3 cr.) with a grade of C or higher14
    BUS L201 Legal Environments of Business (3 cr.)
    BUS W211 Contemporary Entrepreneurship (3 cr.)15
    BUS M300 Introduction to Marketing (3 cr.) (P: A200; or A100 and A201; or A100 and A202)15
    BUS W300 Small Business Management (3 cr.) (P: A200; or A100 and A201; or A100 and A202)15
NOTE: The College of Arts and Sciences, the School of Continuing Studies, and the School of Journalism require a grade of C- or higher in each course (except for K201, which requires a minimum grade of C), and an overall GPA of at least 2.0 in all courses required for the minor. All other units or schools on the Bloomington campus require a minimum grade of C in K201 and an overall GPA of at least 2.0 in all courses required for the minor. It is the student's responsibility to check with the individual unit or school to make sure he or she is completing the necessary requirements and following procedures for declaring the minor.

Return to Special Opportunities

Business Foundations Certificate Program

The Kelley School of Business offers a 30 credit hour certificate program in the fundamentals of business. All courses required in the Business Foundations Certificate Program are introductory and may be applied toward a four-year degree. Courses used to complete the Business Foundations Certificate may not be taken through correspondence and may not be taken pass/fail.

Economics Requirements (6 cr.)
ECON E201 Introduction to Microeconomics (3 cr.)
ECON E202 Introduction to Macroeconomics (3 cr.)

Foundation Course Requirements (9 cr.)
BUS A200 Foundations of Accounting (Nonmajors)16 (3 cr.)
BUS F260 Personal Finance (3 cr.)
BUS X100 Introduction to Business (3 cr.)

Business Foundations Electives (6 cr.)
BUS D301 The International Business Environment (3 cr.)
BUS G300 Introduction to Managerial Economics (3 cr.) (P: ECON E201 and E202)
BUS K201 The Computer in Business17 (3 cr.)
BUS L100 Personal Law (3 cr.)
BUS L201 Legal Environment of Business (3 cr.)
BUS L408 Real Estate Law (3 cr.) (P: L201)
BUS M300 Introduction to Marketing (3 cr.) (P or C: A200 or equivalent)
BUS R300 Principles of Real Estate (3 cr.) (P: A200 or equivalent)
BUS W211 Contemporary Entrepreneurship (3 cr.)
BUS W300 Small Business Management (3 cr.) (P: A200 or equivalent)
BUS W311 New Venture Creation (3 cr.) (P: W211 or F370, J370, M370, and P370)
BUS X330 International Communication Strategies (3 cr.) (P: X204 and Junior Standing)
BUS X204 Business Communications17 (3 cr.) (P: ENG W131 or equivalent with a C or higher)

Additional Electives (9 cr.)
The 9 credit hours needed to complete the 30 credit hour certificate program may be taken from any department on the Bloomington campus. However, remedial and correspondence courses will not count.

In addition to satisfying course requirements, candidates for the business foundations certificate must meet the following criteria:

  1. Students should apply for the Business Foundations Certificate during the semester in which they are enrolled in the final course for completion. Students can pick up the application at the information window on the second floor of the Kelley School of Business.
  2. Students should be fully admitted students at IU Bloomington and complete a total of 30 credit hours, including elective credits, with a minimum cumulative grade point average of 2.0 (C). Students must also pass all required courses and have a minimum GPA of 2.0 (C) in the 21 credit hours of the business foundations curriculum.
  3. If a student has completed more than 21 credit hours of courses that may be used for the required 21 credit hour core, the courses in which the student earned the highest grade will be considered in the calculation of the GPA. If a student retakes a course, the highest grade will be used in the calculation of the GPA.
  4. At least 15 of the 21 business and economics credit hours required for the certificate must be taken on the Bloomington or Indianapolis (IUPUI) campus.
  5. The 9 elective credit hours may not be taken in remedial or correspondence course work. Questions about elective credits should be directed to the Academic Advising Office in the Kelley School of Business.
Return to Special Opportunities

Second Bachelor's Degree

Students considering admission for a second bachelor's degree are advised to investigate opportunities for graduate work or other skill-oriented offerings. Few students are admitted for the purpose of completing a second undergraduate degree. Only students with strong academic credentials should consider the second bachelor's degree as an option. Candidates who qualify and are admitted for a second degree will be exempted from requirements that have already been completed in their first degrees.

Students who have already earned a bachelor's degree in business are not eligible to earn a second business degree, regardless of their credentials. Students who have completed a Kelley School of Business bachelor's degree may register through the School of Continuing Studies to gain skills in another concentration, but cannot be certified for a business degree a second time.

Return to Special Opportunities

Return to Top


1 For accreditation purposes, the Kelley School of Business is prohibited from allowing business or economics courses to count in the general-education component. Some exceptions apply. See a business advisor.
2 The following substitutions have been approved for ENG W131 (3 cr.): AFRO A141-A142 (4-4 cr.); ENG L141-L142 (4-4 cr.); ENG W110 (3 cr.); ENG W170 (3 cr.); or two semesters of ENG W143 (1-1 cr.) combined with any two of the following courses: CMLT C145 (3 cr.), CMLT C146 (3 cr.), SLAV R145 (3 cr.), SLAV R146 (3 cr.). When two-course sequences are listed, both must be taken to fulfill the requirement. Credit is not given for both AFRO A141 and ENG L141, or for both AFRO A142 and ENG L142. Credit is not given for both ENG W110 and ENG W131, or for both ENG W110 and ENG W143.
3 CMCL C130, C223, C228, or C225, or THTR T115 or T120 may be substituted for CMCL C121.
4 Approved substitutions for this course are MATH D116 (3 cr.) and D117 (3 cr.) (both courses are required to meet the requirement), MATH S118 (3 cr.), MATH M370 (3 cr.), MATH M303 (3 cr.), MATH M360 (3 cr.), or MATH S303 (3 cr.).
5 Approved substitutions for this course are MATH M213 (4 cr.), or COAS J113 (3 cr.).
6 Excluding economics course work.
7 Students may only count computer courses from other schools for their business degree if they have obtained prior approval from a Kelley School of Business Academic Advisor or the Petitions Committee.
8 Students may only count computer courses from other schools for their business degree if they have obtained prior approval from a Kelley School of Business academic advisor or the Petitions Committee.
9 May be selected as a second concentration only.
10 Students must receive approval from the Department of Business Law to count a course on law and public policy not listed here as the additional course.
11 College of Arts and Sciences computer science majors may substitute CSCI C211 for BUS K201.
12 These courses must be taken on the Bloomington campus.
13 School of Journalism majors must consult a journalism advisor for second concentration requirements.
14 College of Arts and Sciences computer science majors may substitute CSCI C211 (previously C201) with a grade of C or higher for BUS K201. If major changes, then K201 will be required.
15 These courses must be taken on the Bloomington campus.
16 BUS A100 and A201 or A100 and A202 may be substituted for A200.
17 No substitutions allowed. Grade of C or higher is required.


Indiana University
Office of Creative Services
Von Lee 319
517 East Kirkwood Avenue
Bloomington, IN 47408-4060
(812) 855-5121


Submit Questions or Comments
Copyright 2000-01, The Trustees of Indiana University