On-line Bulletins

Undergraduate Studies 2008-2010

School of Business and Economics

Web site: www.iun.edu/~busnw
Telephone: (219) 980-6552

Administrative Officers

Anna S. Rominger, J.D., Dean
Cuthbert L. Scott III, Ph.D., Associate Dean
William B Nelson, Ph.D., Assistant Dean
John Gibson, M.B.A., Director for the Center for Economic Education and Director of Undergraduate and Graduate Programs
Helen Marie Harmon, M.A.L.S., Assistant to the Director

Faculty

Bala G. Arshanapalli, Ph.D., Professor of Finance and Gallagher-Mills Endowed Chair
Subir K. Bandyopadhyay, Ph.D., Professor of Marketing Donald A. Coffin, Ph.D., Associate Professor of Economics Steven Dunphy, Ph.D., Associate Professor of Management Charles J. Hobson, Ph.D., Professor of Business
Administration
Annemarie K. Keinath, Ph.D., Associate Professor of Accounting
Ranjan B. Kini, Ph.D., Professor of Management
Tin-Chun Lin, Ph.D., Assistant Professor of Economics William B Nelson, Ph.D., Professor of Finance
Surekha K.B. Rao, Ph.D., Associate Professor of Economics Anna S. Rominger, J.D., Associate Professor of Business Administration
Cuthbert L. Scott III, Ph.D., Associate Professor of Business Administration
Rajan Selladurai, Ph.D., Associate Professor of Production Operations Management
C. David Strupeck, Ph.D., Associate Professor of Accounting
James Thomas,C.P.A. I M.B.A., Lecturer in Accounting Marilyn E. Vasquez, J.D., Associate Professor of Business
Administration and Vice Chancellor for Administrative
and Fiscal Affairs
Ruiliang Yan, Ph.D., Assistant Professor of Marketing

Faculty Emeriti

Shyam L. Bhatia, Ph.D., Professor Emeritus of Economics Lloyd J. Buckwell Jr., Ph.D., Professor Emeritus of Business Administration
Edmond L. d'Ouville, Ph.D., Associate Professor Emeritus of Accounting
Sidney P Feldman, D.B.A., Professor Emeritus of Marketing
Joseph M. Kamen, Ph.D., Professor Emeritus of Marketing Gary A. Lynch, Ph.D., Professor Emeritus of Economics Gopal C. Pati, Ph.D., Professor Emeritus of Business
Administration

General Information

Objectives

Indiana University's educational mission is to provide high-quality bachelor's and master's business and economics programs in major urban areas within the state. Established in 1966, the School of Business and Economics at IU Northwest endeavors to offer high levels of teaching, research, and services consistent with Indiana University's overall objectives.

In 2005 the School of Business and Economics was accredited by the Association to Advance Collegiate Schools of Business (AACSB International), an organization promoting high standards in professional education for business. Accreditation is based upon the qualifications of the faculty; the success of the school in meeting its mission; and the assurance of student learning.

The IU Northwest School of Business and Economics will (1) offer students a high-quality business program that meets the standards of professional accreditation; (2) offer students a well-balanced curriculum that requires students to use behavioral, functional, and technological tools to solve business problems; (3) develop student leadership and communication skills; (4) provide students with opportunities for relevant professional experience to meet the current challenges of business; (5) expand knowledge by producing quality business and economics research; and (6) provide professional service to alumni, businesses, and other employers in our seven-county area of Northwest Indiana.

Center for Economic Education

The school's award-winning Center for Economic Education has been Northwest Indiana's leader in economic education and financial literacy for more than 20 years. The center is nationally accredited by the National Council on Economic Education (NCEE) and at the state level by the Indiana Council for Economic Education (ICEE). Each summer the center offers graduate courses in economics for credit for elementary, middle school, and high school teachers. Additionally, noncredit workshops in economics and personal finance are offered to the educational community during the academic year.

The Center for Economic Education at IU Northwest is part of a network of 13 Centers for Economic Education in the state.

Center for Management Development

The Center for Management Development provides customized, executive development and consulting services to various organizations. We partner with the business, government, and not-for-profit communities to develop and promote effective organizations. The center is committed to providing dependable, high- quality, cost-effective services.

We draw upon the full resources of IU Northwest to meet the needs of a number of clients located throughout the United States. We provide four distinct kinds of services. The first includes a wide variety of training activities that fall within two broad categories: management development and workforce development. The second encompasses a number of consultation services. Some of these services are developmental in nature (e.g., total quality management, human resources, project management, etc.). Others consist of more discrete packages of services (e.g., quality assurance, performance monitoring, process control, survey work, focus groups, etc.). Our third broad category of activity includes facilitation and mediation services. Finally, the Center for Management Development contracts with firms to perform certain kinds of project work (e.g., the development of job descriptions and compensation systems, job search, etc.).

If you would like additional information, call the Center for Management Development at (219) 981­4257.

Indiana Business Research Center

In collaboration with Indiana University, an arm of the Indiana Business Research Center is located on the Northwest campus. This center conducts business and economic research and provides programs to support business and economic development in the seven-county region and the Chicagoland area.

Small Business Institute

The Small Business Institute (SBI) is a program in the School of Business and Economics of IU Northwest. This program provides confidential, intensive, high- quality consulting services to small businesses in northwest Indiana. These services are provided by high-caliber seniors in the undergraduate business program of the university under the direct supervision of a faculty member. The seniors are formed into teams of three to five people and assigned to a small business for a semester. While assigned to the business, the team does an industry and competitive analysis for the firm, a financial overview of the firm, and then tackles one or more problems specific to the firm.
IU Northwest is proud to be a member of this elite group of schools that have been carefully approved to manage an SBI program by the Small Business Institute Directors Association.

Instructional Programs

The majority of the school's resources are committed to instructional activities, and, of these, the bulk is devoted to the degree programs. But an adequate summary of the total work of the school must also give attention to the other forms of instruction, in which it engages, to activities that support the instructional enterprise, and to research and publication programs.

The School of Business and Economics at IU Northwest offers two degree programs. The undergraduate degree is the Bachelor of Science in Business, and the graduate degree is the Master of Business Administration (M.B.A.). The school also offers an Associate of Science in Business degree and a Postbaccalaureate Certificate in Accounting. Additionally, holders of a baccalaureate degree who want to gain expertise in a specific functional area of business may be able to enroll in course work that will allow them to do so.

Bachelor of Science in Business

The undergraduate program typically occupies the three final undergraduate years and leads to the Bachelor of Science in Business degree. This professional degree has extensive arts, science, and humanities content.
The Bachelor of Science in Business degree is awarded when a student has successfully completed (1) a core of general education courses, (2) a core of prescribed business courses, (3) a group of courses in a concentration, and (4) elective courses to meet distributional and total credit hour requirements. Courses are available to meet the general education core, the business core, elective requirements, and the requirements of two concentrations: financial information systems (accounting) and business administration.

Bachelor of Arts in Economics

Consult the College of Arts and Sciences section of this bulletin for the degree requirements for a bachelor of arts in economics.

Consult with your economics faculty advisor for the degree requirements for the concentration in financial economics.

Minors

The School of Business and Economics offers any non—business undergraduate majors the opportunity to minor in business administration or accounting.

Associate of Science in Business

The School of Business and Economics offers a two- year Associate of Science in Business degree. It is designed for the student who wishes to develop basic skills that may secure greater opportunities than those open to individuals having lesser educational attainments. The course work in this degree is fully transferable to the Bachelor of Science in Business degree.

Postbaccalaureate Certificate in Accounting

The School of Business and Economics offers a unique program for adults desiring to secure training for a career in the expanding field of accounting. It is geared for mature students whose positions or occupations lack opportunity or challenge or whose talents are being underutilized. The program is open to anyone holding a bachelor's degree from an accredited college or university. Students will receive instruction in the major areas of accounting and selected courses in the basic business core.

The complete range of counseling and placement services of the school is available to certificate students.

Services and Facilities

Guidance and Counseling Services

Students in the School of Business and Economics are responsible for planning their own programs and for meeting degree requirements. It is their responsibility to understand fully and to comply with all the provisions of this bulletin.

An important portion of total faculty time is devoted to assisting students in making proper program and career choices. Degree candidates will be assigned a faculty advisor in their field of major interest who will aid their program planning, follow their progress, and be available for general counseling. Students may, in addition, turn to a member of the faculty specializing in the curricular area in which they are taking course work or contemplating study. They may obtain additional counseling from the Office of Counseling and Student Records.

The director and assistant to the director are available to meet any student, whether on a day or evening schedule. The office maintains a complete record of each student's accomplishments and progress to aid students in reaching their goals most effectively.

Student Organizations

The faculty of the School of Business and Economics recognizes that student organizations may contribute greatly to the total development of all students. A number of student organizations exist at IU Northwest, and it is recommended that each student take advant­age of extracurricular activities and opportunities provided by those organizations. Some organizations are purpose oriented and attempt to develop and improve a student's understanding of the business environment. Other organizations are honorary.

Accounting and Business Student Organization (ABSO) Club

The IU Northwest ABSO maintains a close relationship with accounting and business students, alumni, faculty, and business professionals. Meetings include speakers from prominent businesses and accounting firms. Membership is open to all students.

Beta Gamma Sigma

Membership in Beta Gamma Sigma is the highest recognition a business student can receive in a baccalaureate or postbaccalaureate (master's) program at a school accredited by AACSB International. To be eligible for membership, the academic ranking of those being considered must place them in the upper 10 percent of the junior or senior class; or the upper 20 percent of the graduating master's class.

Honors

Scholarships and Awards

Students in the School of Business and Economics are eligible for awards and scholarships including the following: Lloyd Buckwell Scholarship, Albert and Margaret Gallagher Scholarship, Strad( Family Scholarship, Indiana Association of Certified Public Accountants Award, Wanda Dudzik Scholarship, Wall Street Journal Award, and School of Business and Economics Scholarship.

The School of Business and Economics identifies students graduating with the Bachelor of Science in Business with three levels of academic distinction: highest distinction, high distinction, and distinction. The minimum cumulative GPA to receive degrees with distinction are highest distinction, a minimum GPA of 3.85; high distinction, a minimum GPA of 3.70; Distinction, a minimum GPA of 3.55. No more than 10 percent of the students receiving the Bachelor of Science in Business in any academic year may receive a degree with distinction. Graduates receiving degrees with distinction have the appropriate level of distinction noted on their diplomas and in the Commencement program; these graduates may wear the cream and crimson fourragere at Commencement.

Undergraduate Program

Undergraduate studies provide opportunities for breadth of education as well as for specialization. IU Northwest 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 then complemented by study in the basic areas of business administration.

In addition, all undergraduate study programs include courses that ensure a basic understanding of management principles and practices in the dynamic economic, social, and political environment of today. Consideration is also given to basic trends or developments that are likely to shape the pattern of the world in the years ahead.

Policies Governing Undergraduate Study

Students admitted to IU Northwest who declare a business administration or financial information systems (accounting) concentration will be admitted directly into the School of Business and Economics.

Enrollment Restriction

Students pursuing degrees in academic divisions other than Business and Economics are permitted to enroll in a maximum of 30 credit hours of business courses. All students are required to meet all prerequisites and must obtain school authorization to enroll in any junior- or senior- level business and economics course prior to registration.

Students who intend to transfer to Bloomington or other IU campuses and apply for admission to the undergraduate programs in business must understand that the admission requirements for business vary among the IU campuses. Students should consult the IU bulletin for the campus to which they seek admission for specific requirements of the business program.

Degree Applications

Candidates for the Bachelor of Science and Associate of Science degrees must file a degree application during registration the semester before they intend to graduate. This allows time for the student's academic record to be audited for degree certification. Without the audit, the student cannot be recommended for the conferral of the degree.

Credit Hours Requirement

The minimum number of credit hours required for the baccalaureate degree is 124 in courses meeting the various requirements stated in this bulletin. Of these, a minimum of 62 credit hours must be in business and economics courses, and at least 62 credit hours must be in courses other than business and economics. The School of Business and Economics requires that at least 50 percent of the business credit hours required for the degree be earned at IU Northwest or one of the Indiana University campuses.

No credit is given toward a degree in business for courses taken throughout the university with a prefix of 0, or for courses taken from the Division of General and Technical Studies, or for other non—college-level courses.

Senior Residence Requirement

The senior year (the last 30 credit hours of work) must be completed in residence on one of the Indiana University campuses offering a four-year program. Students will be certified for graduation by the campus at which they complete the last semester (12 credit hours or more). Registration for a minimum of two semesters in the School of Business and Economics is required.

Permission to take credit during the senior year at another institution or by correspondence study courses may be procured to a maximum of 6 credits by petitioning the assistant to the director.

Junior College, Community College, and Correspondence Study Credits

Credits earned through junior and community colleges are limited to a maximum of 60 credit hours. Correspondence study is limited to 6 credit hours.

Within the above limitations, correspondence study courses may be taken through the Division of Independent Study of the School of Continuing Studies. Because of their basic nature in a student's program, no business or economics courses may be taken by correspondence to count toward degree requirements.

For a complete listing of courses available through independent study by correspondence at Indiana University, consult the School of Continuing Studies Bulletin.

Credit by Self-Acquired Competency

The School of Business and Economics does not award credit on the basis of self-acquired competency.
The school will not accept transfer of credit from other institutions for business courses if the credit was awarded on the basis of self-acquired competency.

For nonbusiness courses, the school will accept course- specific credit awarded on the basis of self-acquired competency by other baccalaureate-granting divisions/ schools of Indiana University and by other institutions accredited by the North Central Association of Colleges or comparable regional associations.

The school will not accept general (non—course­specific) self-acquired competency credit awarded by other divisions/schools of Indiana University or by other institutions.

Transfer Credit Policy

Courses that were taken at other institutions and that appear similar in either title or objectiveto the 300- or 400-level (junior and senior) courses offered by the School of Business and Economics will be transferred as undistributed electives and will not be regarded as equivalent unless at least one of the following validation processes has been performed.

1. Completion of a course review with documented evaluation of the content, level, method of instruction, objectives, etc., used in the course(s) being validated. The evaluation must be performed by an appropriate member of the school's faculty; or
2. Successful completion of an examination based upon the material covered in that course offered by the school; or
3. Satisfactory completion and documentation of a subsequent course offered by the school, provided that a significant prerequisite relationship between the courses can be demonstrated.

Courses in advanced business subjects, not open to freshmen and sophomores, which have been taken at two-year institutions in the freshman and sophomore years, will not be accepted as equivalents of the courses offered at Indiana University. Consult with the assistant to the director for appropriate validation processes.
Only credits earned at Indiana University will count toward a student's grade point average.

School Grade Requirements

To be certified for graduation, a student must have a minimum average of C (2.0) in all course work, a minimum average of C (2.0) in all courses taken toward the degree, a minimum average of C (2.0) for all courses taken in the basic business and economics core, and a minimum average of C (2.0) in the area of concentration. A student must also have completed ENG W131 Elementary Composition and CSCI A106 Introduction to Computing with a minimum grade of C (2.0) in each course. Any course with a number beginning with a zero will not be counted toward graduation requirements.

Probation

Students are automatically placed on probation whenever their cumulative grade point averages are below 2.0.

Dismissal

In the School of Business and Economics, at the discretion of the Graduate-Undergraduate Committee, a student may be dismissed from the school if the student has consistently failed to make progress toward meeting general education, business core, or concentration requirements. Generally, a student on probation will be dismissed if the student is 15 credit points below a 2.0 grade point average, or, if in two consecutive subsequent enrollments the student fails to make a 2.0 in those two enrollments considered as a unit and adds 10 credit points to the deficiency record.

Furthermore, upon the recommendation of the Graduate-Undergraduate Committee and with the approval of the dean of the School of Business and Economics, any student whose work is unsatisfactory or whose conduct is unethical may be dismissed from the school.

Pass-Fail Option

Business students may elect to take one course each semester with a grade of P (Pass) or F (Fail), with a maximum of two such courses each school year, including summer sessions. The student must exercise the election of this option within the first three weeks of the semester. Limitations on use of the Pass/Fail policy are as follows. School of Business and Economics students may not take any business or economics course Pass/Fail. Also, the Pass/Fail option cannot be used for courses that satisfy the general education requirements (I—VII), which include the 14 credit hours required for general education electives. The option can be used only for courses that are pure electives taken outside the School of Business and Economics. A grade of P is not counted in the cumulative grade point average, but a grade of F is included. A grade of P cannot subsequently be changed to a grade of A, B, C, or D.

Concentration Declaration

Students may declare a concentration before the beginning of a semester. Any student who has not selected a concentration will be classified as a business administration major and will be expected to follow the program of that concentration.

Business and economics students may choose no more than two concentrations. They must meet all the requirements for both concentrations. Only one course may be used to satisfy the requirements for both concentrations.

Credit Deadline

All credit of candidates for degrees, except that for the work of the current semester, should be on record at least one month prior to the conferring of the degrees..

Requirements for a Second Bachelor's Degree

The School of Business and Economics offers to holders of a bachelor's degree in fields other than business a second bachelor's degree in business. The requirements are identical to the requirements for the bachelor's degree in business (see succeeding pages).

The candidate may, of course, be exempted from any of those requirements already fulfilled in acquiring the first bachelor's degree.

Normally, the holder of a bachelor's degree who wishes to pursue further education is encouraged to become qualified for admission to graduate study. In certain cases, however, a student may be admitted to candidacy for a second bachelor's degree. When such admission is granted, candidates must earn at least 30 additional credit hours in residence and meet the requirements of the School of Business and Economics and of the concentration in which they are candidates.

At least 50 percent of the business courses required for a business degree must be earned at Indiana University. Students who have been awarded the B.S. in Business degree at Indiana University may register as special students to meet the requirements of another concentration but cannot be certified for the degree a second time.

Statute of Limitations

Students who are candidates for the Bachelor of Science in Business degree have the right to complete degree requirements specified by the bulletin in effect at the time they matriculated at Indiana University, provided (1) that the necessary courses are available and (2) that no more than 10 calendar years have elapsed since matriculation.
In the event that courses are not available or more than 10 years have elapsed, students must apply to the school to update their programs to the bulletin currently in effect.

Undergraduate Curriculum

Proper enrollment is the individual responsibility of each student. There are always level prerequisites, and there are frequently course prerequisites for the courses in all business programs. Improper enrollments may be cancelled by the School of Business and Economics at any time, and, if credit is earned in such an enrollment, the school may refuse to apply that credit to a degree program or may require enrollment in an additional course.

Level Requirements

Courses numbered 200-299 are open only to students who have completed 24 or more hours of credit applicable toward a degree. Courses numbered 300-499 are open only to students who have completed 56 or more hours of credit applicable toward a degree.

Course Requirements

Before there can be a proper enrollment in any course having prerequisites, the prerequisites must be successfully completed. Concurrent enrollment is not permissible unless specifically stated otherwise.

The undergraduate curriculum in the School of Business and Economics consists of four parts:

1. the general education core,
2. the basic business core,
3. the professional courses for a concentration, and
4. electives to meet distributional and total hours requirements.

The following listing details the courses and credit hours required in each of these areas.

General Education Core Requirements
(62 credit hours)

1. Communications (15 cr.)

ENG W131 Elementary Composition (3 cr.) 1 ENG W231 Professional Writing Skills (3 cr.) SPCH 5121 Public Speaking (3 cr.)
SPCH 5122 Interpersonal Communication (3 cr.) SPCH 5223 Business and Professional Speaking (3 cr.)

1. Mathematics and Science (6 cr.)

MATH M118 Finite Mathematics (3 cr.)
Natural science elective (3 cr.)

1. Social Sciences (6 cr.)

PSY P102 Introductory Psychology II (3 cr.) Social science elective (3 cr.)

1. Computer Science (9 cr.)

CSCI A106 Introduction to Computing (3 cr.) 1 CSCI A285 Advanced Microcomputer Applications (3 cr.)
CSCI A348 Mastering the World Wide Web (3 cr.)

1. Arts and Humanities (9 cr.)

PHIL P306 Business Ethics (3 cr.)
A minimum of 6 credit hours selected from the following areas:
Afro-American studies or minority studies Comparative literature
English (excluding ENG W130, ENG W131 or courses counted in I)
Fine arts
History
Music history and literature (only music courses offered by the Department of Creative Arts prefixed with M)
Philosophy (excluding PHIL P306)
Religious studies
Speech (excluding SPCH 5121 or courses counted in I)
Theatre and drama
Second- or third- or fourth-year courses in the following areas:
French
Germanic languages
Spanish

1. Career Planning (3 cr.)

BUS X220 Career Perspectives (2 cr.)
BUS X410 Business Career Planning and Placement (1 cr.)

1. General Education Electives (14 cr.)

Courses chosen from throughout the university but excluding School of Business and Economics courses and Division of General and Technical Studies courses.

Degree Requirements

Bachelor of Science in Business — 124 cr.

*Courses required for each concentration are listed on the following pages

Basic Business and Economics Core1
(47 credit hours)
Functional Skills
BUS W100 Business Administration Introduction...... 3 cr.
ECON E103 Introduction to Microeconomics............... 3 cr.
ECON E104 Introduction to Macroeconomics............. 3 cr.
ECON E270 Introduction to Statistical Theory
for Economics and Business..................................... 3 cr.
BUS A201 Introduction to Financial Accounting ......... 3 cr.
BUS A202 Introduction to Managerial Accounting ....... 3 cr.
BUS L201 Legal Environment of Business................... 3 cr.
BUS F301 Financial Management................................. 3 cr.
BUS M301 Introduction to Marketing
Management................................................................. 3 cr.
BUS P301 Operations Management.............................. 3 cr.
Teamwork and Leadership
BUS Z302 Managing and Behavior in Organization       3 cr.
BUS Z442 Leading and Motivating Individuals
and Teams..................................................................... 3 cr.
BUS W402 Simulation of Business Enterprise............. 1 cr.
BUS 1403 Management Capstone................................ 4 cr.
Technological Skills
BUS K221 Introduction to Information Systems
for Business................................................................... 3 cr.
BUS K321 Management and Information
Systems.......................................................................... 3 cr.

Curriculum Concentrations

The undergraduate curriculum in which complete four-year degree programs are offered at IU Northwest is outlinedon the following pages and includes (1) business administration and (2) financial information systems (accounting).

Most courses in the School of Business and Economics award 3 credit hours. Full-time students typically enroll in five 3 credit courses per semester; part-time students enroll in two 3 credit courses per semester.

1 Students who entered IU Northwest prior to 2006-2008 should refer to the bulletin of the year they entered the university for the graduation requirements applicable to them

Business Administration

For students who wish to pursue a broad general program, the business administration curriculum provides a vehicle for organizing their studies. The integrating focus is the responsibility for administering the multiple operations of the business firm as a subsystem within a rapidly changing environmental system. Emphasis is on the processes involved in setting goals for corporate effort, coordinating and controlling multiple programs, and regulating human and material inputs and outputs with varied environments.

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

Course Requirements

Junior and Senior Years
Required courses are BUS Z440; one 3 credit 300- or 400-level international business elective; and three additional 3 credit 300- or 400-level business and economics courses. These courses allow additional opportunities to gain specialized knowledge in such fields as accounting, economics, finance, management, or marketing. Students are encouraged to consult with faculty in these areas to best meet their professional and educational objectives.

Finanical Information Systems (Accounting)

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

Financial information systems graduates are encouraged to pursue professional certification as accountants in one or more of the several certification programs available. The CPA designation authorizing an accountant to practice public accounting is the oldest and most widely recognized. The State Board of Public Accountancy of each state administers the Uniform Certified Public Accounting examination. The CIA (Certified Internal Auditor), CMA (Certified Management Accountant), and CFM (Corporate Financial Management) examinations are administered by their respective professional societies. Further details may be obtained from the School.

At the present time, Indiana, as well as 39 other states, has enacted laws requiring 150 hours of college course work to sit for the CPA examination. Graduates of the financial information systems program can satisfy these requirements by taking additional undergraduate course work beyond their degree or by taking a combination of undergraduate and graduate work and obtaining their M.B.A.

Course Requirements

Junior and Senior Years

1. BUS F494 AND BUS A311
2. One course from: BUS A312, BUS A325, BUS A328, or BUS A335
3. One course from: BUS F402 or BUS F420
4. One 3 credit 300- or 400-level accounting or finance course.

Minors in Business Areas

The School of Business and Economics offers the following minors for non—business undergraduate students.

Accounting Minor

This minor is for non—business majors. The requirements are BUS A201, BUS A202, BUS A311, BUS A312, BUS A325.

Business Administration Minor

This minor is for non—business majors. The requirements are BUS A201, BUS A202, BUS L201, BUS F260 or BUS M200, BUS W100 and BUS Z302.

The prerequisite and academic policies of the School of Business and Economics will be enforced. A student must have a C (2.0) cumulative grade point average in the courses required in any minor. Non—business students must notify the recorder for the division in which their records are located, as well as the assistant to the director in the School of Business and Economics, that they are pursuing one of these business minors. Correspondence courses will not be accepted for credit toward any minor. Successful completion of a minor will be indicated on the student's official academic transcript. No more than half of the required courses for either minor may be transfer credit from another institution.

Associate of Science in Business

A program for which students may earn an Associate of Science in Business is offered by the School of Business and Economics in the field of business studies. This program is for those students desiring less than a four-year university education but who, upon completion of two years of university work, will seek greater opportunities than those open to individuals having lesser educational attainments.

The general requirements for the degree program include (1) admission as a regular student to IU
Northwest and completion of all orientation test requirements; (2) completion of a minimum of 60 credit hours with at least 30 credit hours completed at Indiana University and with at least 15 credit hours at one campus (correspondence study courses do not satisfy these requirements); (3) a cumulative grade point average of C (2.0) or higher. Since the courses required in the degree program are standard university credit courses, students may apply those credits toward an appropriate four-year degree program.

To be certified for graduation, a student must have a minimum of a 2.0 cumulative grade point average in all course work, a minimum average of C (2.0) in all courses taken toward the degree, and a minimum
average of C (2.0) for all courses taken in the business core. A student must also have completed ENG W131 Elementary Composition and CSCI A106 Introduction to Computing with a minimum grade of C (2.0) in each course.

Any course with a number beginning with zero will not be counted toward degree requirements.

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

Cr. Hrs.
Career Perspectives (BUS X220)............................................ 2
Communications (ENG W131)............................................... 3
Arts and humanities................................................................ 6
Social sciences........................................................................... 3
Natural sciences........................................................................ 3
Behavioral sciences (PSY P102)............................................. 3
MATH M118 Finite Mathematics........................................... 3
Introduction to Computing (CSCI A106)............................... 3
Introduction to Business Administration
(BUS W100).......................................................................... 3
Accounting I,II (BUS A201, BUS A202)................................. 6
Economics (ECON E103, ECON E104)................................. 6
Business Law (BUS L201)....................................................... 3
Statistics (ECON E270)............................................................ 3
Personal Finance (BUS F260)................................................. 3
Introduction to Information Systems for Business (BUS K221)               3
Electives (sufficient to make a total of
60 credit hours)........................................................................ 71

Postbaccalaureate Certificate in Accounting

The Postbaccalaureate Certificate in Accounting program is intended to provide students with concentrated training in accounting and closely related fields and is designed for those who want to develop proficiency in accounting, an area where there is likely to be an adequate market demand for the next several years..

1Business and economics courses taken are subject to prerequisites specified in the course listings in this bulletin..

The program is open to anyone who possesses a bachelor's degree in any field from an accredited college or university. The only requirements for entry are an application and official transcript for all undergraduate work must be submitted to the School of Business and Economics. The program is keyed to the needs of a broad spectrum of individuals who wish to move into a field that is both challenging and rewarding. The age range of the participants in the program is higher than that of typical students, running from the early twenties to forties. Enrollment may be either full time or part time. The length of time required to complete this program depends on undergraduate courses already completed. The full range of counseling and placement services of the school is available to certificate students.

Requirements for Admission

Students must have a bachelor's degree in any field from an accredited college or university. An application and application fee plus an official transcript of all undergraduate work must be submitted to the director of the School of Business and Economics.

A complete review of undergraduate work will determine the student's plan of study.

Personal Computing Prerequisite

Students must demonstrate competency in the use of personal computers, particularly in spreadsheet use. Students who do not have these minimum skills will be required to take CSCI A106 Introduction to Computing.
Total of 150 college credit hours.

Requirements for Graduation
The specific requirements are as follows.

Accounting (24 credit hours) Required classes
BUS A201 Introduction to Financial Accounting............... 3
BUS A202 Introduction to Managerial Accounting........... 3
BUS A311 Intermediate Accounting I................................... 3
BUS A312 Intermediate Accounting II.................................. 3
BUS A325 Cost Accounting.................................................... 3
BUS A328 Introduction to Taxation...................................... 3
BUS A424 Auditing................................................................... 3
An additional 3 credit hours in accounting

Basic Business and Economics Core (6 credit hours)
BUS F301 Financial Management........................................ 3
BUS F420 Investments or
BUS F494 International Finance.................................... 3
No more than 6 credit hours in business law and no more than 6 credit hours in computer science.
Students who wish to sit for the Indiana CPA exam must meet these requirements. Consultation with the director is strongly advised to ensure meeting these requirements.

Transfer Credits

Up to 12 credit hours can be granted for courses taken at other accredited colleges and universities, provided that the student submits evidence (for example, catalog descriptions of courses) that the courses are equivalent to those specified in the Postbaccalaureate Certificate in Accounting program. A student who has already successfully completed, whether as an undergraduate or graduate student, any course specified in the program can, at his or her option, repeat the course or take another approved course