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Indiana University Northwest 2002-2005 Graduate Studies Online Bulletin Table of Contents

 
Indiana University

Northwest 2002-2005

Graduate Studies Bulletin


IU Northwest 
Office of Admissions 
Indiana University Northwest 
Hawthorn Hall 100 
3400 Broadway 
Gary, IN 46408-1197 
Local: (219) 980-6991 
Toll Free: (888) 968-7486 
Fax: (219) 981-4219 
Contact Office of Admissions 
 

School of Business and Economics

Web site:
www.iun.edu/~busnw

Telephone:
(219) 980-6644

Administrative Officers
Faculty
General Information
Center for Management Development
Center for Economic Education
Indiana Business Research Center
Instructional Programs
Services and Facilities
Awards
Master of Business Administration

Administrative Officers

Anna S. Rominger, J.D., Dean

Jennifer D. W. Guziewicz, M.B.A., Director of Undergraduate and Graduate Studies

Helen Marie Harmon, M.A.L.S., Assistant to the Director

Dawn T. Kesic, M.B.A., Director of the Center for Management Development

Desila Rosetti, M.S.A., Quality and Organizational Development Specialist, Center for Management Development

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Faculty

Bala G. Arshanapalli, Ph.D., Professor of Finance

Subir K. Bandyopadhyay, Ph.D., Associate Professor of Marketing

Shyam L. Bhatia, Ph.D., Professor of Economics

Lloyd J. Buckwell Jr., Ph.D., Professor Emeritus of Business Administration

Donald A. Coffin, Ph.D., Associate Professor of Economics

Edmond L. d'Ouville, Ph.D., Associate Professor of Accounting

Sidney P. Feldman, D.B.A., Professor Emeritus of Marketing

Charles J. Hobson, Ph.D., Associate Professor of Business Administration

Joseph M. Kamen, Ph.D., Professor Emeritus of Marketing

Annemarie K. Keinath, Ph.D., Associate Professor of Accounting

Ranjan B. Kini, Ph.D., Associate Professor of Management

Gary A. Lynch, Ph.D., Professor of Economics

Constance C. Milbourne, Ph.D., Assistant Professor of Marketing, Business Statistics, and Communication

William B. Nelson, Ph.D., Associate Professor of Finance

Gopal C. Pati, Ph.D., Professor Emeritus of Business Administration

Paul W. Patterson, Jr., M.S., Assistant Professor of Strategy Management

Charles W. Reilly, J.D., Associate Professor Emeritus of Business Administration

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, M.B.A., Lecturer in Accounting

Marilyn E. Vasquez, J.D., Associate Professor of Business Administration

Theodore C. Willoughby, Ph.D., Professor Emeritus of Business Administration

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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 Indiana University Northwest endeavors to offer high levels of teaching, research, and services consistent with Indiana University's overall objectives.

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) seek to 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.

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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 Indiana University 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, reengineering, project management, etc.). Others consist of more discrete packages of services (e.g., quality assurance, performance monitoring, process control, market assessment, 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) 981-4258.

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Center for Economic Education

Each year during the summer, the center offers graduate courses in economics for credit for elementary, middle school, and high school teachers. During the academic year, noncredit workshops in economics are offered to the educational community.

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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.

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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 Indiana University Northwest offers one master's degree program. The graduate degree awarded is the Master of Business Administration (M.B.A.). The school also offers 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 graduate course work that will allow them to do so.

Master of Business Administration

The M.B.A. program consists of 18 credit hours in foundation courses and 30 credit hours in core classes, for a total of 48 credit hours. It is a fast-track program designed for individuals who work full time and want to pursue their graduate degree on a part-time basis. Students with an undergraduate degree in business may qualify to enter directly into the 30 credit hour M.B.A. core that can be finished on a part-time basis in 20 months. Students will attend classes two nights per week.

Students with an undergraduate degree in a field other than business can complete the program in anywhere from 24 to 33 months, depending on how many foundation courses they need. Foundation courses may be waived based upon prior undergraduate course work. Waivers are subject to the age of the course work, undergraduate school, and grades.

The M.B.A. degree program prepares the qualified candidate for a professional career in business management. Thus, it provides broad, high-level graduate education for persons who demonstrate potential for assuming responsible business leadership in a dynamic environment.

The program is designed to accommodate adults who are employed in positions of responsibility and who intend to pursue graduate education concurrently with their employment. Most candidates enter the M.B.A. program because either their present or their future position requires increased managerial competence.

The program, therefore, is keyed to the needs of the employed adult candidate. The candidate's work experience is considered an integral part of the total educational experience and is pursued simultaneously with the course work on which the program is built. Candidates typically enroll in 6 credit hours of course work per semester.

Postbaccalaureate Certificate in Accounting

In 1974 the School of Business and Economics instituted 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. (Consult the IUN Undergraduate Bulletin for details.)

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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. 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 is available to meet any graduate 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.

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Awards

Scholarships and Awards

Students in the School of Business and Economics are eligible for private scholarships and loans. A limited number of graduate assistantships are also available. Applications should be submitted to the graduate director.

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Master of Business Administration

Background
Purpose
Objectives
Curriculum
Prerequisites
Course Requirements
Electives
Minors
Resources
Degree Requirements
Academic Policies
Admission Procedures

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Background

The School of Business and Economics initiated graduate education in business with the establishment of the M.S.B.A. degree in 1969 and succeeded it in 1988 with the M.B.A. The program is for individuals who are employed in positions of responsibility within the business community and who are pursuing a graduate education concurrently with their employment. To serve these students, all graduate courses are offered in the evening. From its inception, the program has enjoyed a broad base of support and participation from the Northwestern Indiana business community.

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Purpose

The M.B.A. program focuses on teamwork, leadership, and technology and provides a professional education in business for students who possess the baccalaureate degree in any discipline. For most students, the M.B.A. is a terminal professional degree designed to enhance their performance in present and future managerial positions. Increasingly, individuals employed in nonbusiness fields have used the M.B.A. program to broaden their academic training and enhance their prospects for a career in business.

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Objectives

The general program objectives are (1) to further the initiative and creativity of each candidate and thereby develop the individual's potentialities to the highest level and (2) to enhance the candidate's mobility within the corporate environment.

Specific program objectives:

  1. To provide a broad foundation in both the theory and tools required for modern managerial decision making.
  2. To develop within the student a better understanding of business and the environment in which managerial decisions are operational.
  3. To enhance the student's communication skills, both written and oral.
  4. To create an awareness of and to provide the background for analyzing and controlling the complex interrelationships in administrative policy decisions.
  5. To afford the student an opportunity to develop in-depth knowledge in subject matter beyond the minimum level of competence.

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Curriculum

The M.B.A. curriculum is designed to train an individual as a professional manager who can use the insights and information from the core areas in decision making. The program also allows the student to specialize with a minor in marketing, finance, or management information systems. All students are required to take at least three elective courses. Many students use these electives to earn a minor, while some students prefer to use these electives in several areas of interest and not specialize in any one minor.

The M.B.A. program requires 48 credit hours of course work for the candidate having no applicable waivers. A minimum of 30 credit hours is required of students who receive waivers from all of the foundation classes.

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Prerequisites

Prior to enrolling in graduate courses in the M.B.A. program, students must meet minimum proficiencies in math and computer skills. Students should have a minimum of a college-level finite mathematics class. The Indiana University course equivalent is MATH M118 Finite Mathematics. Students are also expected to be proficient in Microsoft Word, Excel, Access, and Power Point.

If a candidate is deficient in any of these areas, they should speak with the director of Undergraduate and Graduate Programs to review the different options available to them to satisfy the prerequisites.

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Course Requirements

Foundation Courses—18 credit hours
BUNW A512 Statistical Tools for Management 3
BUNW A513 Accounting for Decision-Making 3
BUNW A514 Economics for Managers 3
BUNW A515 Management and Organization Behavior 3
BUNW B511 Marketing Management 3
BUNW B512 Financial Management 3

Core Courses—30 credit hours
BUNW A510 Management Communications 1.5
BUNW A516 Management Information Systems 3
BUNW B513 Operations Management 3
BUNW B514 Legal, Ethical and Social Environment of Business 1.5
BUNW C515 Advanced Marketing Management 3
BUNW C517 Financial Management Analysis 3
BUNW D511 Strategic Management 3
BUNW G514 Human Resources Management 1.5
BUNW Z570 Organization Behavior II 1.5

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Electives

Minimum of three graduate business electives required of which one must be an international elective.

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Minors

The following minors are open to all M.B.A. students.

Marketing Minor:
BUNW B511, BUNW C515 and two graduate marketing electives.

Finance Minor:
BUNW B512, BUNW C517 and two graduate finance electives.

Management Information Systems:
BUNW A516 and two management information systems electives.

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Resources

Faculty
During the 2002-2003 academic year, 17 faculty taught in the School of Business and Economics. Faculty members with a doctorate received their degrees from Boston University, Indiana University, Michigan State University, Northern Illinois University, Northwestern University, Purdue University, Rice University, Southern Illinois University, Texas Tech University, University of Illinois, University of Oregon, Washington State University, and West Virginia University. With very few exceptions, faculty members with a doctorate teach the graduate business courses.

Computer Facilities
The local campus, as a member of the Indiana University Computer Network, has online access to computers in both Bloomington and Indianapolis. Use of these large and powerful computers to simulate business environments and to study business processes significantly enhances the teaching of business decision making.

Library
The IUN library has 240,000 books; 250,000 U.S. government publications; and 1,000 periodical subscriptions. Local library holdings are supplemented through an interlibrary loan agreement with the Indiana University Bloomington Main Library. This interlibrary loan agreement makes that vast collection, as well as those of many other major universities, available in as little as 24 to 48 hours.

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Degree Requirements

Each M.B.A. candidate is required to complete a minimum of 30 credit hours in the M.B.A. core. For students who have no waivers from the foundation courses, a total of 48 credit hours will be required for completion of the M.B.A. degree. A cumulative grade point average of 3.0 (4.0 = A) or higher in all work taken for graduate credit must be earned as a prerequisite for continuation in good standing and for graduation.

During the first semester of enrollment in the M.B.A. program, every student will be required to prepare and file a program of study with the director of graduate studies in business. The program will provide the candidate with the opportunity to chart the time period during which the degree requirements will be met.

Students must file an application for graduation the semester before they expect to complete degree requirements. Failure to file this application will result in the student's name not appearing on the graduation list for that semester in which the course work is being completed.

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Academic Policies

Course Load
Since most M.B.A. students are employed full time, they normally carry a course load of 6 to 9 credit hours (two to three courses) per semester.

Time Allowed for Completion of Degree
A maximum of six years is allowed for completion of the program. The six-year period begins with the first semester of course work following the granting of admission status into the program. For those students entering with no undergraduate business training, the program can be completed in approximately three years. Students with an undergraduate degree in business may qualify to enter directly into the 30 credit hour M.B.A. core that can be finished on a part-time basis in 20 months. Students will attend classes two nights per week.

Continuation in Good Standing
The 3.0 grade point average required for the awarding of the M.B.A. degree requires close monitoring of the graduate student's academic progress.

Failure to earn the cumulative grade point average (3.0) will result in exclusion from further studies in the M.B.A. program. To stay within the GPA requirement, students should closely scrutinize their performances in each course.

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Admission Procedures

Admission to the M.B.A. program is limited to students of demonstrated aptitude, ability, and scholarship. The decision is based upon a composite evaluation of the applicant's

(1) undergraduate academic performance as measured by the cumulative grade point average and

(2) scores earned on the Graduate Management Admissions Test (GMAT).

Admissions Test
All applicants to the M.B.A. program are required to submit their Graduate Management Admissions Test scores. This aptitude test, which does not unduly benefit individuals with previous business experience or training, is prepared by the Educational Testing Service, Box 966, Princeton, NJ 08540. The test is administered at Sylvan Technology Centers throughout the United States. Students must take the GMAT at least one month before the application deadline for the semester of application. Information on the GMAT is contained in the application packet available from the Office of Graduate Studies in Business, Indiana University Northwest. This packet may be obtained by writing the address listed below or calling the indicated phone number.

Director of Graduate Studies
School of Business and Economics
3400 Broadway
Indiana University Northwest
Gary, IN 46408
Phone: (219) 980-6635
E-mail: jdguziew@iun.edu

Application Deadline
Candidates may enter the program at the beginning of the fall, spring, or summer semesters. The application deadline is one week before classes start. A completed application and all supporting documents must be submitted to the Office of Graduate Studies in Business and Economics by the established deadline date. An official transcript from each college attended is required as part of the application. Applicants to the M.B.A. program who received the baccalaureate degree in business from IUN must request an official copy of their undergraduate transcript from the Office of the Registrar, Indiana University Northwest, Gary, IN 46408.

Waivers
If a student has completed course work encompassing material included in the foundation of the program, certain waivers may be granted. The student will be notified as to waivers granted when the application for admission is formally approved.

Transfer Credit
A limited number of credit hours of graduate-level work may be transferred from other accredited institutions or other accredited programs at Indiana University. See the director of graduate studies for details.

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