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General Bulletin 2004-2006 |  |
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Programs of Study The Richard T. Farmer School of Business Administration
Major Programs: School of Business Accountancy: Bachelor of Science in Business For information contact the Department of Accountancy, 310 Laws Hall (513-529-6200). The department's mission is to have nationally recognized bachelor's and master's degree programs that provide students with the lifelong ability to seek and acquire accounting and business knowledge and translate it into responsible action in a competitive environment. The bachelor's degree program provides a general understanding of multiple areas of accounting and related skills to prepare graduates for entry-level positions that require only an undergraduate degree and graduate programs. The master's degree program provides an in-depth understanding in selected areas of accounting and business and related skills to prepare graduates for entry-level positions that require more than a bachelor's degree. Four- and Five-Year Programs Students majoring in accountancy have two options. One option is the four-year program. You earn your bachelor's degree, and then you start a career or enter a graduate program at another university. Another option is the five-year program. You earn your bachelor's degree, and then you continue through a fifth year to earn a Master of Accountancy degree. After completing the program, you are qualified to sit for the CPA examination in the state of Ohio and other states that have adopted the 150-hour education requirement. You must apply to the Graduate School for admission to the Master of Accountancy program during your senior year. See the Miami Graduate Bulletin for the Master of Accountancy program requirements. Special Curriculum Requirements Students must earn at least a cumulative 2.0 g.p.a. in all accountancy courses attempted at Miami. Students must also complete at least four junior or senior-level accountancy courses at Miami. Program Requirements One of these: One of these: Professional electives: * Prerequisite for Master of Accountancy program; five-year program students take during senior year. Business-Economics: Bachelor of Science in Business For information contact the Department of Economics, 208 Laws Hall (513-529-2836). This curriculum is for students primarily interested in economics but who also desire a broad background in business. It helps you understand objectives and functions of a private enterprise economy, fundamentals of economic analysis, and how to integrate economic principles with various areas of business administration. The program also teaches how to use economic analysis as a major tool in reaching independent, well-considered judgments. Course work involves both required theory courses and electives. Theory courses provide common analytical background of modern economics and serve to build analytical skills. The generous number of electives allows you to pursue different fields, depending on your interests and educational background. Honors in Economics To receive departmental honors in economics, you must meet all of the following requirements:
Transfer Students The department requires all economics majors to complete at least nine hours of advanced economics (above 300 level) at Miami, including ECO 315 and 317. Any transfer credit exception for these two courses must be approved by the director of undergraduate studies in the department. Program Requirements All of these: Electives: Professional electives: G.P.A. requirement: Decision Sciences: Bachelor of Science in Business For information contact the Department of Decision Sciences and Management Information Systems, 311 Upham Hall (513-529-4826). Faced with an increasingly complex business world as well as intense foreign and domestic competition, firms must make better and timely decisions. This major prepares you to make such decisions by using computer-implemented, quantitative methods to solve business problems. You develop analytical and communication skills and obtain in-depth training in applied statistical analysis, management science, process improvement methodology, and computer implementation of these techniques. Emphasis is placed on structuring and solving practical problems encountered in business. You become skilled in four critical areas of problem solving: problem definition, model construction, solution determination, and solution evaluation. Employment opportunities are those requiring analytical thinking skills and expertise in statistical analysis, process improvement, management science, and computer applications. You are prepared to pursue graduate study in business administration, applied statistics, or management science. Program Requirements Both of these: Twelve semester hours from Groups A, B, and C (at least three hours, no more Group A. At least three hours, but no more than six hours from these: Group B Group C. At least three hours from these: Professional electives: Finance: Bachelor of Science in Business For information contact the Department of Finance, 120 Upham Hall (513-529-1560). This major teaches theoretical and practical aspects of financial management. The general objectives are to teach the principles of finance, to explain how financial techniques can solve some of society's most important problems, and to prepare you for future responsibilities in financial management. Course offerings prepare you to work in the finance division of a business firm; to enter the securities field in either a brokerage or investment analysis capacity; to enter the real estate business in sales or appraisal; to enter the insurance business in the fields of financial planning, property, or casualty insurance; or to pursue a career in estate planning or trust administration. In addition, non-business students are offered service courses in personal finance and in law and the legal process. Upon completion of the appropriate finance courses, and upon meeting specified non-academic requirements, you may qualify to sit for examinations for licensing and professional designations in the areas of insurance, investments, and real estate. Special Curriculum Requirements All students majoring in finance must complete at least 12 elective hours of advanced finance courses above 301, 302, 342, and 401. FIN 306 and all Capstone courses cannot be used as electives. You must achieve at least a 2.0 g.p.a. in all finance courses taken. The Department of Finance requires students majoring in finance to complete at least 12 elective hours of finance courses at Miami. Program Requirements All of these: Twelve semester hours of departmental electives (exclusive of FIN 306 and all Capstone Experience courses). Interdisciplinary Business Management: Bachelor of Science in Business For information contact the Richard T. Farmer School of Business, Advising Office, 103 Laws Hall (513-529-1712). This curriculum is available to the business student whose career goals require a program that covers the broad area of business rather than a specific major. Beyond the business core taken by all business majors, this major features an advanced core of classes centered on economic, legal, managerial, and sales aspects of the business transaction. Students complete the major by taking added courses in one of three interdisciplinary areas of business: business legal studies, entrepreneurship, or international business. This major is appropriate for the student who wishes to postpone specialization until graduate school, the pre-law student who wishes to take pre-legal training in business, or the entrepreneur who plans to organize and operate a small business. Program Requirements All of these: Select and complete one of the following tracks: Two of these (no more than one course may be outside the School of Business): Entrepreneurship Two of these: International Business Two of these: For information contact the Department of Management, 307 Laws Hall (513-529-4215). A productive society requires the development of effective managers. Course work emphasizes the development of managerial skills through active involvement in a variety of instructional methods, including case studies, experiential exercises, role playing, and computer simulations. Classroom learning is enhanced through guest lectures by visiting business leaders from private and public sectors. Three majors are offered: human resource management, operations management, and organizational leadership. Departmental Communication Requirement All management majors are required to take one three-hour communication course, in addition to the School's communication requirement of COM 135, selected from these: One of these: Human Resource Management: Bachelor of Science in Business This major offers a curriculum that emphasizes increased organizational effectiveness through the best use of personnel. Courses include compensation management, employment law, labor relations, conflict management, and human resource management, as well as a selection of other management courses. New and important developments in our advanced industrial societies have created additional challenges in human resource management, resulting in increased employment opportunities in such areas as personnel management, labor relations, labor and employment law, and compensation and employee benefits. Program Requirements All of these: Required electives. At least nine semester hours from these: Professional electives: Operations Management: Bachelor of Science in Business This major is designed to develop individual and team-based quality improvement and problem-solving and decision-making skills for application in that part of an organization dealing with the creation of goods and services. Study in this area prepares students for employment in staff positions in operations analysis, planning, and control, as well as line positions. This program also provides an analytical background useful for problem-solving in any area of an organization. Program Requirements All of these: Professional electives: Organizational Leadership: Bachelor of Science in Business This major offers a diversified course of study providing flexible professional leadership training focusing on leadership skills, communication, motivation, and effective management of people. This curriculum prepares students for positions in areas such as management consulting, small business management, public sector management, health care administration, sales, and retail management. Program Requirements All of these: Professional electives: Management Information Systems:Bachelor of Science in Business For information contact the Department of Decision Sciences and Management Information Systems, 311 Upham Hall (513-529-4826). The Management Information Systems (MIS) major provides graduates with balanced coverage of both managerial and technical issues critical to managing and controlling the information resources of an organization. Majors in MIS learn both fundamental and contemporary IS topics including: database theory and management, systems analysis, design, and development, web-based technologies, data communication technology and applications, computer graphics, multimedia, electronic commerce, knowledge management, contemporary languages and tools, and emerging information technologies. Design and development skills are enhanced using state-of-the-art tools such as ASP, XML, Oracle, and Visual Basic applied to business information systems. Emphasis is on structuring and solving business problems using distributed information technology. Experience with client server information technology is an integral part of the program. Majors begin careers in the MIS field or related areas in positions such as systems analyst, information consultant, web analyst, web designer, information specialist, business consultant, software specialist, system consultant, programmer analyst, system designer, microcomputer specialist, database designer, data communication specialist, and system architect. Program Requirements All of these: One of these: Electives. Two of these: Marketing: Bachelor of Science in Business For information contact the Department of Marketing, 200 Upham Hall (513-529-3270). The modern global society is placing an increasing emphasis on marketing knowledge and related skills. Both global and domestic corporations' manufacturing, distributing, buying, and selling significantly shape the standard of living and global economy. This is true for both products and services as well as for-profit and not-for-profit institutions and supply chains. To prepare you for a career in marketing or as part of a business decision-making team, this program provides courses in: promotion, supply chain management, organization-to-organization marketing, logistics, sales management, sports marketing, e-commerce, service marketing, international marketing, new product planning and technology, retailing, entrepreneurship, ethics, guerrilla marketing, buyer behavior, marketing decision-making, imagination, marketing research, and strategic planning. In all these courses, problem-solving, information search, risk management, decision-making, critical thinking, cross-functional integration, and lifelong learning skills are emphasized. Program Requirements All of these: Three of these: Professional electives: Supply Chain Management: Bachelor of Science in Business For information contact the Department of Management, 307 Laws Hall (513-529-4215). In recent years companies have worked to connect the different areas of their businesses to achieve efficient movement of goods and services to the consumer. Supply chain management fills the gap that exists between departments and connects trading partners to create a smooth flow of information, services, and products through the supply chain. The supply chain management major combines courses in accountancy, decision sciences, management, and marketing. The "aerial view" of the four disciplines allows supply chain management students to understand the interaction among them and how to move goods and services in the most economical way. This area of study is on the cutting edge of business practice. Students learn practical industry applications with the aid of field trips, guest speakers, and simulations in the classroom. Program Requirements All of these: Two of these: General Bulletin Home | Search | Top |Miami University Main Page |
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