Business Administration Major

College of Business

College of Business Faculty

Undergraduate Business Administration Degree Program

The College of Business faculty works together closely to support the University’s liberal arts mission. Accordingly, the integrated curriculum provides a balanced rigorous foundation in the core areas of Accounting, Management Information Systems, Finance, Management, and Marketing, all in the context of the broad liberal arts environment provided by the University.

The Faculty hold high expectations of the students and themselves with the goal of developing skills in diagnosing, analyzing, developing and implementing solutions to a wide variety of problems in public and private organizations. The College promotes active learning by encouraging students to manage complex, interdisciplinary problems, marshal resources, and take responsibility for implementing effective solutions. Expected student involvement includes research problems, group case analyses, internships and consulting with organizations throughout the region. Students are encouraged to actively involve themselves in professional service, contributions to society, and the life-long pursuit of knowledge through scholarship and research.

In an environment of mutual trust and support, concerned faculty help students learn the elements of managing resources to achieve a purpose while emphasizing the skills of writing, presenting, and speaking; technological proficiency; and critical thinking in a global context. The students’ relationship with faculty is facilitated by small class size. The faculty work closely with students to instill the values of intellectual integrity and objectivity; tolerance and respect for individuality and diversity; the intrinsic rewards of ethical behavior and social responsiveness; and appropriate competitive vigor balanced with the value of effective collaboration with others.

The Business Administration program provides students the opportunity to go forward in the broadest range of professional directions and build sound and rewarding careers. The academic program leading to a Bachelor of Science degree in Business Administration provides a broad, intellectual outlook and analytical skills for students who wish to combine a liberal arts education with academically rigorous course work in administration and decision-making needed for an eventual career in management or in preparation for graduate study. Course work provides an understanding of the variety of approaches to the complexity of managerial decision-making in the contextual framework of a global society.

An “Executive-in-Residence” program offers students the opportunity for wide-ranging discussions and contact with chief executives from important organizations in the private, public, and not-for-profit sectors.

Scholarships available for majors in business administration include the Frances Holsclaw Brown ’44 Scholarship, the Coleman Family Farm Scholarship, the Evelyn Harrell Scholarship, the Fred. E. Miller Memorial Scholarship, the Benjamin T. Pitts Scholarship, The Elizabeth Griffith Schmidt ’35 Scholarship, the Harry Skinker Scholarship, the George and Monecia Helton Taylor, ’81 Scholarship in Business, and the Wachovia Scholarship in Business. Many students belong to the campus chapters of the Accounting Society and Phi Beta Lambda. Students who establish outstanding records of academic achievement may be elected to Sigma Beta Delta, the national honor society in business management and administration.

Senior Business Administration majors who have a strong interest in research and an outstanding academic record may elect to pursue the Departmental Honors program. To be eligible, a student must have a 3.25 grade-point average in upper-division Business Administration courses and a 3.0 overall grade-point average. Honors work consists of expository or original research written in thesis format and defended before a Honors Committee of faculty. Students pursuing Honors in Business Administration register for three credits of 491 each semester of the senior year.

Requirements for the Business Administration Major

Students considering majoring in Business Administration must take BLAW 201, MATH 200 or its equivalent (CPSC 320, ECON 361, or PSYC 261), and ECON 201 and 202, which are required prerequisites for certain courses in the major.

The Marketing Major is one of three majors offered within the College of Business leading to the Bachelors of Science degree in Business Administration. All business majors are multi-disciplinary degrees, requiring that students master concepts from business disciplines, such as Accounting, Business Administration, Decision Sciences, Finance, Management, Management and Information Systems, Technology, and Marketing.  All majors share a common core of 30 hours of business classes.  This common core consists of:Forty-five (45) credits in Business courses, as follows:

Lower-Division Requirements: ACCT 101, 102 (ACCT 110 may be taken in place of the ACCT 101/102 sequence); MIST 201; and DSCI 259.

Upper-Division Requirements:  MGMT 301; MKTG 301; BUAD 350; DSCI 353; FINC 301, and MGMT 490.

Student must then complete an additional eighteen (18) credits of classes to earn a Bachelor of Science degree in Business Administration.  Students may major in Business Administration, Accounting, or Marketing.  Upon completion of the program, student transcripts shall state their degree (Bachelor of Science in Business Administration) and their major.

Business Administration Major — upper level electives (18 hours):

18 hours of upper-level electives within the College of Business. Note: A maximum of three (3) credits of 499 courses may count toward the upper level elective requirement.

Experiential Learning

The Business Research Experience course provides students with another option (besides the internship option) for fulfilling the general education experiential learning requirement. The Business Research Experience course is designed to be taken simultaneously with BUAD 259: Applied Statistics and Business Research. The Business Research Experience requires students to undertake a rigorous business research project on behalf of a corporate or non-profit sponsoring organization. Students must submit a proposal by the fourth week of their BUAD 259 class that 1) specifies a corporate or non-profit research sponsor, and 2) outlines a clear problem statement and research plan. If the proposed project is granted approval the student must sign an experiential learning contract that obligates them to complete the stated research. Students who complete the project and achieve the objectives stated in the approved proposal will be deemed to have fulfilled the general education experiential learning requirement. Please contact the Associate Dean for Faculty for further details.

Accounting Course Offerings

Accounting course offerings will be found under the 4 letter code of ACCT in the course listings.  

101 – Principles of Accounting I (3)

This is the first of two-courses that introduces fundamental accounting techniques and procedures for gathering and reporting financial information used by management and others to plan, evaluate, and control and to insure appropriate use and accountability for its resources. Previously taught as BUAD 131.

102 – Principles of Accounting II (3)

Prerequisite: ACCT 101 or equivalent. This is the second of two-courses that introduces fundamental accounting techniques and procedures for gathering and reporting financial information used by management and others to plan, evaluate, and control and to insure appropriate use and accountability for its resources. Previously taught as BUAD 132.

110 – Intensive Principles of Accounting (6)

Introduction of fundamental accounting techniques and procedures for gathering and reporting financial information used by management and others to plan, evaluate, and control, and to insure appropriate use of and accountability for this resources. The course is equivalent to the ACCT 101 and 102 sequence. The course is a substitute for ACCT 101 and 102. Students who have taken ACCT 101 and 102 are not eligible to take this course. Previously taught as BUAD 135.

301 – Intermediate Accounting I (3)

Prerequisite: ACCT 102; and business administration major or permission of the Associate Dean for Faculty. Prerequisite: ACCT 102 OR ACCT 110 OR equivalent. This is the first of a two-course sequence which places emphasis on the theory and history of accounting principles and their application to the acquisition of assets, determination of income, and the preparation of analysis of financial statements. Previously taught as BUAD 331.

302 – Intermediate Accounting II (3)

Prerequisite: ACCT 301 or equivalent. This is the second of a two-course sequence which places emphasis on the theory and history of accounting principles and their application to the acquisition of assets, determination of income, and the preparation of analysis of financial statements. Course previously taught as BUAD 332.

304 – Cost/Managerial Accounting (3)

Prerequisite: ACCT 102 or 110 or equivalent. The material in this course concentrates of the principles and procedures for planning and controlling routine and non-routine decisions, setting policy, and performing long-range planning. The course focuses on cost behavior, standard costing, flexible budgeting, cost allocation, performance measurement, and analysis for decision-making. Previously taught as BUAD 333.

310 – Federal Taxation of Individuals (3)

Prerequisite: ACCT 102 or ACCT 110 or equivalent; and business administration major or permission of the Associate Dean for Faculty. Federal income taxation of individuals is studied in reference to gross income, deductions and credits, sales, other disposition of property, changes in the law, and economic impact of the law. Previously taught as BUAD 334.

320 – Federal Taxation of Business (3)

Prerequisite: ACCT 310 or equivalent; and business administration major, permission of the Associate Dean for Faculty.  This course develops knowledge about federal income tax for partnerships, corporations, and owners’ fiduciary responsibilities in reporting income.  Course previously taught as BUAD 335.

401 –Accounting Information Systems (3)

Prerequisite: ACCT 102 or 110 or equivalent, MIST 201 or equivalent; and business administration major or permission of the Associate Dean for Faculty. This course covers how information technology is used to effectively manage and control the financial transactions associated with electronic commerce in a global, internet-based economy. Systems selection/development and implementation is analyzed as are the business processes that are integral to the value chain. Specific transaction cycles are discussed with an internal controls focus. Previously taught as BUAD 437.

420 – Governmental and Not-for-Profit Accounting (3)

Prerequisite: ACCT 301 or equivalent; and business administration major or permission of the Associate Dean for Faculty. This course covers governmental accounting, including the reporting requirements and interactions between government-wide financial statements and financial statements for governmental, propriety and fiduciary funds. Budgeting, costing of services, long-term liabilities, debt services, auditing, and evaluation of governmental and not-for-profit entities, including federal and state governments, municipalities, and entities such as schools and hospitals, are examined. Previously taught as BUAD 431.

430 – Advanced Accounting Problems (3)

Prerequisite: ACCT 302 or equivalent; and business administration major or permission of the Associate Dean for Faculty. This course addresses problems in financial accounting and practice theory dealing with partnerships, corporations, consolidated statements, and fiduciary accounting. Previously taught as BUAD 432.

460 – Auditing (3)

Prerequisite: ACCT 301 or equivalent; and business administration major or permission of the Associate Dean for Faculty. This course examines audit concepts, theory, standards, and procedures, as well as ethical and legal requirements within the context of audit evidence, documentation, and testing required before internal and external auditors issue their reports. Previously taught as BUAD 435.

471 – Seminars in Accounting (1-3)

Prerequisite: Permission of instructor, permission of the Associate Dean for Faculty.  Special topics of interest to faculty and students are discussed in individual seminars which focus on accounting.

491 – Individual Study in Accounting (1-3)

Prerequisite: Junior or Senior status; permission of instructor, permission of the Associate Dean for Faculty.  Directed by an accounting faculty member, students conduct individual research focusing on an approved topic of interest in accounting.

 

Business Administration Course Offerings

Business Administration course offerings will be found under the 4 letter code of BUAD in the course listings.

105 – Perspectives on Organizations in Society (3)

The evolution of economic systems from political, sociological, and cultural perspectives are examined in order to understand the interactive nature of business, governmental, and societal systems. This course introduces the conceptual foundations necessary to make informed, well-reasoned analyses of the current issues involving an array of organizations from the private, public, and not-for-profit sectors of the economy.

350 – Business Communication (3)

Prerequisites: DSCI 152, 259; and business administration major or permission of the Associate Dean for Faculty. In this course students study Business Communication as a strategic process. The emphasis of the course is on the practical application of written and oral principles of business communication, including audience management, information control, and mastery of language. Additional areas of study include discourse analysis, oral and multimedia presentation techniques and critiques, intra- and inter-cultural differences in communication, impromptu speaking, and structured and planned briefings.

411 – Financial Modeling (3)

Prerequisite FINC 301.  This course introduces students to technology supporting financial modeling and decision making.  Students will learn to apply and extend the concepts they have learned in the introductory finance course into a spreadsheet model framework of Microsoft Excel.  The course will examine modeling in four primary areas: (1) corporate finance models, (2) fixed income securities models, (3) portfolio models, and (4) option price model.

412 – Advanced Corporate Finance (3)

Prerequisite: FINC 301.  This course develops the processes of making optimal strategic decision by applying corporate financial theory to cases of financial policy, financial instruments and valuation.  The course will focus on six broad topics including cost of capital and capital budgeting, discount cash flow valuation and financial multiples, payout policy, equity and debt financing, corporate control and recapitalizations, and corporate governance.

426 – Communication and Technology (3)

Prerequisite: Business administration major or permission of the Associate Dean for Faculty. This course emphasizes the growing role of digital communication within the business sector. Students will analyze, design, implement and test a website or interactive media project. In so doing, students will be introduced to broader communication concepts such as written and visual rhetoric, digital design, information architecture, and organizational image.

464 – Business Ethics (3)

Prerequisite: Senior status; and business administration major or permission of the Associate Dean for Faculty. A study of ethical conduct in management and the elements involved. The course will use a series of applied case studies (illustrating both positive and negative models) to provide an understanding of how to recognize a moral dilemma, evaluate the implications of proposed actions and develop a response. The student should leave with an understanding of ethics and social responsibility as they relate to management.

471 – Business Administration Seminars (1-3)

Prerequisite: Business Administration major, permission of instructor, and permission of the Associate Dean for Faculty. Special topics of interest to staff and students are discussed in individual seminars which focus on specific areas within the various disciplines of Business Administration.

473 – Environment of International Business Seminar (3)

Prerequisites: ECON 201; and business administration major or permission of the Associate Dean for Faculty. The political, cultural, and economic aspects of the international business environment are explored in depth. The goal of this seminar is to develop an understanding of the forces at work in the global conduct of business across national boundaries.

491 – Individual Study in Business Administration (variable credit, 1–3)

Prerequisites: Junior or senior status, requires permission of instructor and permission of the Associate Dean for Faculty. Directed by a department faculty member, students conduct individual research focusing on an approved topic of interest in business administration. This course does not satisfy the upper-level elective requirement for the major.

499 – Internship (variable credit, 1–3)

Prerequisites: Junior or senior status; business administration major, minor or 15 hours of BUAD courses or equivalent; permission of instructor and permission of the Associate Dean of Faculty.  A supervised work experience in a sponsoring organization developed in consultation with, and under the supervision of, a department faculty member. This course does not satisfy the upper-level elective requirement for the major. Directed by a department faculty member, students conduct individual research focusing on an approved topic of interest in business administration. A maximum of three (3) credits of 499 courses may count toward the upper level elective requirement.