2004-06 IUPUI Campus Bulletin

Departments and Majors

In addition to the general-education and general business curricula discussed previously, students majoring in business also must select a major within the business program. The major, along with the curriculum for working toward that major, are presented by department in this section and are summarized below.

• Accounting
• Computer Information Systems
• Finance
• Human Resource Management
• International Studies (May be selected as a second major only.)
• Management
• Marketing
• Marketing-Distribution Management

Students with special interests, such as an interest in a specific industry, may seek permission from a full-time faculty member in their department in consultation with an academic advisor to plan programs that vary somewhat from those outlined in this section.

Major requirements are subject to change during the two years covered by this bulletin. Students are expected to stay informed of major changes by seeing a business academic advisor on a regular basis.

Department of Accounting and Information Systems

Accounting Major

The accounting curriculum prepares students for careers in auditing, corporate accounting and management consulting, governmental and nonprofit organizations, and taxation. In addition, it equips the prospective business executive with tools for intelligent analysis, planning, control, and decision making. The accounting curriculum also provides excellent background for the student who wants to pursue graduate work in business, public administration, or law.

Accounting graduates who meet requirements of the State Board of Public Accountancy of Indiana are eligible to sit for the Uniform C.P.A. Examination in Indiana. Most accounting graduates will need to engage in further study to be eligible to sit for the exam. Those who wish to engage in public accounting practice in Indiana as certified public accountants should familiarize themselves with the rules and regulations issued by the Indiana State Board of Accountancy, Indiana Professional Licensing Agency, 302 W. Washington Street, Rm. E034, Indianapolis, IN 46204-2724; phone (317) 232-2980. Students planning practice outside Indiana should consult the C.P.A. board in their state of residence. Call 1-800-CPA-EXAM for additional information.

Internships in business or government are available on a selective basis during the fall, spring, or summer. Fall is the ideal time to apply for an accounting internship, since the majority of public accounting internships are spring-semester positions. For further information about internships, contact Kelley's Career Placement Office, Business/SPEA Building 4090; phone (317) 278-7842.

Major Requirements

Freshman Year:

• BUS A100

Sophomore Year:

• BUS A201, A202

Junior and Senior Years:

• BUS A311, A312, A325, A328, A424, S302, and X302

• Two accounting electives from the following: A335, A337, A339, A380, A422, A439, A490, or other approved accounting or systems course.
• Nonaccounting concentration (9 cr.): Students must use these hours to build a three-course sequence, a concentration, that creates an expertise normally in some nonaccounting business area (e.g., computer information systems or finance). However, a concentration that includes nonbusiness courses (e.g., courses from Criminal Justice, Computer Technology) may be acceptable. This concentration might be obtained in a number of ways. For example, students might construct a three-course sequence in a particular area such as finance, computer information systems, or something similar. Information about preapproved concentrations may be obtained from the Kelley School of Business advisors. Students may construct their own concentration, but all proposed concentrations must have approval from an accounting or systems faculty member. Students also are encouraged to use this flexibility to double major in a business area or to earn an outside minor.

NOTE: Most states (including Indiana) require that those accounting professionals who wish to be licensed as certified public accountants must have completed 150 credit hours of education with an accounting major. Students must choose among three alternatives. Students who plan to forego C.P.A. licensure may begin their careers after four years with a bachelor's degree. Students interested in licensure may either apply to the Master of Professional Accountancy program and continue for a fifth year to earn a master's degree (fulfilling the 150-hour requirement) or enter the workforce after four years (with the bachelor's degree) and continue to work toward the master's as part-time or returning students.

The Department of Accounting has created a Master of Professional Accountancy Program for students wishing to pursue licensure.

Computer Information Systems Major

Information has joined land, labor, capital, and materials as a central resource for all business managers. Thus, although management specialists with an in-depth education in information systems are needed, every manager is called on to utilize information for business advantage.

Information systems include computers, a wide variety of programming languages, telecommunications, mathematical modeling and computer software for data analysis, factory and office automation, robotics, and expert systems. Managers need to know how and when to apply these technologies, how organizations can acquire and manage information systems that use these technologies, and how businesses should organize themselves to take advantage of opportunities through these technologies.

Students from all areas of business can benefit from understanding information systems. For example, since accounting systems are usually computerized, cost accountants, auditors, and corporate finance managers must be able to use and analyze information systems. General managers need to understand information systems as organizational innovations that must be adopted and implemented simultaneously with changes in organizational designs, strategies, and behaviors. Market researchers must be able to extract data from large databases and analyze them using sophisticated decision and business modeling techniques. Manufacturing and engineering managers must understand the linkages between technical and business computing applications. The undergraduate curriculum offers three different tracks in this major.

Major Requirements

Junior and Senior Years : All Options

BUS S302, S305, S307, and S310

CSCI N-Series Option Only

1. CSCI N305 and N331
2. Choose two from the following list:
• BUS S430, S490
• CSCI N241, N311, N335, N341, N345, N355

CSCI Programming Language Option Only

1. CSCI 230, 265, and 452
2. Choose one from the following list:
• BUS S430, S490
• CSCI N241, N311, N331, N335, N341 N345, N355
• Database Option Only
• CSCI 230, 265, 340, 362, and 443

Note: This is a rigid major track due to programming prerequisites. There are no major electives.

 

Department of Business Law

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

Although a major in business law is not currently available on the Indianapolis campus, courses in this department may be elected to enhance most other business majors.

Department of Finance

The finance undergraduate curriculum provides for a high degree of flexibility while offering the basic preparation needed to deal with the complexities of the modern financial environment.

All students in the major must take a common core of three courses: BUS A310, F305, and F303. These three courses provide a basic grounding in financial accounting systems, the capital and money markets, and corporate financial decision making. An understanding of these areas is necessary for someone who is planning a career in finance.

Finance Major

The undergraduate curriculum in this major is designed to provide familiarity with the instruments and institutions of finance and with a financial approach for structuring and analyzing management decisions.

Course offerings are designed to integrate various aspects of the environment, such as the state of the economy, taxes, and legal considerations, into the decision-making process.

Study in finance, along with appropriate electives, provides academic preparation for careers in corporate financial management; commercial banking, savings and credit institutions; investment analysis; and the selling of financial instruments and services.

Candidates are encouraged to select electives in accordance with career objectives.

Major Requirements

Junior and Senior Years:

1. Finance core requirements:
• BUS A310
• BUS F303
• BUS F305
2. Select two of the following:
• BUS F402, F420, F446, F494
3. Select three of the following:
• BUS A312, BUS A325, ECON E305, ECON E470, BUS R305, BUS R440, BUS R443

Note: Double majors in finance and accounting may take any accounting course other than A100, A201, and A202 as a Section C elective. In addition, double majors MUST take A311 in lieu of A310.

Department of Management

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

At the undergraduate level, the department offers a major in management, nonprofit management, or human resource management, as well as the option to pursue a second major in international studies.

Management Major

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

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

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

Major Requirements

Junior and Senior Years:

1. BUS W430 and Z340
2. Four of the following (a minimum of two must be business courses):
• BUS D301, D302, J404, W311, W406, W408, W494, Z404, Z441, Z444;
• ECON E304;
• OLS 378;
• POLS Y302;
• PSY B370, B374, B424;
• SOC R317, R478;
• SPEA V432;
• Any 400-level Kelley School of Business course approved by a business advisor.

Entrepreneurship Emphasis

Within the management major there is a special emphasis in entrepreneurship and small business.

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

The Indiana University Kelley School of Business, recognizing the contributions of entrepreneurs and the interest shown by students in creating and entering small businesses, has developed an entrepreneurship and small business emphasis within the management major. This emphasis focuses the requirements of an individual concentrating in management toward small business.

Students interested in the entrepreneurship emphasis may satisfy the requirements by taking BUS W311, BUS W406, and an approved elective from the list of management major electives. (Note: BUS W490 requires the consent of the instructor and the department chairperson.)

Human Resource Management Major

This program is designed for students whose career objectives lie in the field of personnel management. From its early beginnings as a staff function involving the maintenance of records and the administration of benefit programs, personnel administration has grown and expanded to encompass the total development and deployment of human resources in organizations. While company titles may vary from vice president of industrial relations to vice president for organization planning and development, there are few firms of any size or consequence today that do not have a human resource management specialist reporting directly to the company's highest level. This practice reflects the awareness that the people who work in an organization are its greatest asset.

For this reason, the curriculum in human resource management is designed to acquaint the student with modern personnel management in its broadest sense. Included are both the traditional areas of personnel administration and labor relations (such as employment, management development, wage and salary administration, organizational planning, and contract negotiation) and developments in the behavioral sciences with implications for a complete human resource management program.

The objectives at the undergraduate level are to provide students with the broad spectrum of knowledge they need for a career in organizational leadership; to prepare them for a career in human resource management; and to encourage and develop interest in further study and research in this area.

Major Requirements

Junior and Senior Years:

1. 1. BUS Z340, Z441, Z443, and Z445
2. 2. Two of the following:
• • BUS S302, W430, Z404, Z444, Z480
• • OLS 331

International Studies Major

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

All students may elect two courses dealing with the general problems involved in international business: BUS D301 and D302. They also may participate in overseas programs, which offer students an opportunity to see firsthand the problems treated in the course of study, as well as to enhance their language facility.

Students who wish to continue studies in the international area may choose, as a second major, the international studies major.

The international studies major is a second major only. It cannot be listed as a first major.

The international studies major consists of 9 credit hours of course work taken in addition to the international dimension requirement. These 9 credit hours cannot be selected from the foreign language option nor from the same option used for the international dimension requirement. (See the “General-Education Requirements” section of this bulletin.)

See a business advisor to discuss the possible combinations for fulfilling this major's requirements.

Department of Marketing

Marketing Major

The study of marketing concerns all activities related to the marketing and distribution of goods and services from producers to consumers. Areas of study include customer behavior, the development of product offerings to meet consumer needs, pricing policies, institutions and channels of distribution (including retailers and wholesalers), advertising, selling, sales promotion, research, and the management of marketing to provide for profitable and expanding businesses.

The marketing curriculum endeavors to provide the business community with broadly trained men and women who can approach problems with a clear understanding both of marketing and of the interrelationships between marketing and other functions of the firm. Students planning careers in marketing management, advertising, sales, sales management, retailing, wholesaling, marketing research, or distribution normally major in marketing and then may pursue within the curriculum a modest degree of specialization in the area of their vocational interest.

Major Requirements

Junior Year: BUS M303

Junior and Senior Years:

Select at least one course from each of the following areas:

1. Buyer behavior: BUS M405 or M407
2. Promotion management: BUS M415 or M426
3. Distribution management: BUS M402, M411, M412, or M419
4. Marketing elective: BUS M401 or any other 400-level marketing course not used to fulfill requires 1, 2, or 3 above.

Senior Year: BUS M450

Marketing-Distribution Management Major

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

Major requirements

Junior Year: BUS M303

Junior and Senior Years:

1. BUS M411 and M412
2. Two of the following: BUS M402, M407, M426, M450