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 Indiana University Northwest 2002-2004 Undergraduate Studies Bulletin |
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School of Business and Economics
Web site:
Telephone:
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
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
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.
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.
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.
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 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.
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
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.
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 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 Indiana University Northwest, and it is highly 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
Scholarships and Awards
Students in the School of Business and Economics are eligible for the following awards and scholarships: Lloyd Ahlf Scholarship, Lloyd Buckwell Scholarship, Albert and Margaret Gallagher Scholarship, Reverend Robert Lowery Minority Scholarships, Strack Family Scholarship, Indiana Association of Certified Public Accountants Award, Wanda Dudzik Scholarship, and the Wall Street Journal Award.
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 fourragère at Commencement.
About the Program
Undergraduate studies provide opportunities for breadth of education as well as for specialization. Indiana University 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.
Return to Undergraduate Program
Policies Governing Undergraduate Study
Students admitted to Indiana University Northwest who declare a business or financial information systems (accounting) concentration will be admitted directly into the School of Business and Economics.
Enrollment Restriction
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 may seek admission for specific requirements of the business program.
Degree Applications
Credit Hours Requirement
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
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 director.
Junior College, Community College, and Correspondence Study Credits
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 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-course-specific) self-acquired competency credit awarded by other divisions/schools of Indiana University or by other institutions.
Transfer Credit Policy
Only credits earned at Indiana University will count toward a student's grade point average.
School Grade Requirements
Probation
Dismissal
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
Concentration Declaration
Business and economics students may choose no more than two concentrations. They must meet all of the requirements for both concentrations. Only one course may be used to satisfy the requirements for both concentrations.
Credit Deadline
Requirements for a Second Bachelor's Degree
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
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.
Return to Undergraduate Program
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
Course Requirements
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)
Afro-American studies or minority studies
(47 credit hours)
Return to Undergraduate Program
The undergraduate curriculum in which complete four-year degree programs are offered at IUN is outlined on 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.
Return to Undergraduate Program
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 Return to Undergraduate Program
Financial Information Systems (FIS)
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 department.
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
The School of Business and Economics offers the following minors for non-business undergraduate students.
Accounting Minor
Business Administration Minor
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 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.
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 Indiana University 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, 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). 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.
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.
The program is open to anyone who possesses a bachelor's degree in any field from an accredited college or university. The only requirement for entry is that an 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
A complete review of undergraduate work will determine the student's plan of study.
Requirements for Graduation
Personal Computing Prerequisite
Total of 150 college credit hours.
Accounting (24 credit hours)
Required classes
An additional 9 credit hours in accounting
Basic Business and Economics Core (24 credit hours)
No more than 6 credit hours in business law and no more than 6 credit hours in computer science.
Transfer Credits
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The Trustees of Indiana University