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General Bulletin 2004-2006 |  |
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Programs of Study The Richard T. Farmer School of Business Administration
Minor Programs: School of Business The programs described below are optional minors in business areas. A minor is a specific program to be taken along with a major to complement your skills and increase your career opportunities. More information about minors is in the Other Requirements chapter. A notation about your completed minor will be on your final grade transcript if you indicate your minor when you apply for graduation. The required semester hours are in parentheses beside each minor. Note: There is no guarantee that courses required to complete a minor will be available on a timely basis. Arts Management (18 semester hours) For information contact the Department of Management, 307 Laws Hall (513-529-4215). Increased public interest in the arts has created a need for fine arts and business professionals who are prepared for management responsibilities in arts councils, museums, art centers, galleries, orchestras, and theatres. This minor has two options: one for business majors and one for fine arts majors. Business majors must plan an individualized program with the arts management adviser in the appropriate department. Fine arts majors must plan courses with the assistance of their business adviser. Core Requirements (10 hours) All of these: Program Requirements: For Business Majors (9) At least three credit hours from these:
MUS 320 Opera Production (2) Program Requirements: For Fine Arts Majors Business Legal Studies (21 semester hours) For information contact the Department of Finance, 120 Upham Hall (513-529-1560). Increased sensitivity to the legal implications of doing business has created the need for greater managerial understanding of the legal process and its relationship to the marketplace. This minor allows the business and non-business major to develop a greater sensitivity to issues of business liability, governmental regulation of business, public policy, and the origin and evolution of law, especially in its interfacing with commercial activities. Note: This minor does not automatically satisfy the MP Thematic Sequence requirement; only courses marked with * satisfy the require-ment. Finance majors cannot use this minor to fulfill the Thematic Sequence requirement. Program Requirements Both of these (6 semester hours): At least two of these (6 semester hours minimum, 15 hours maximum; Remaining hours from these: Decision Sciences in Business (18 semester hours) For information contact the Department of Decision Sciences and Management Information Systems, 311 Upham Hall (513-529-4826). Use of quantitative, statistical, and process improvement methodology to support management decision making is growing in all areas of business. This minor provides an introduction to basic decision sciences concepts and to major quantitative and statistical methods employed in support of decision making. All courses for this program are considered professional electives for School of Business Administration majors, so business students can usually complete the minor without taking more than the 128 semester hours needed for graduation. This minor is available to all university students; contact the department for an adviser. Application to receive the decision sciences in business notation on your grade transcript must be made when applying for graduation. Program Requirements Core courses (9 semester hours) Advanced courses (6 semester hours) Electives. At least 3 semester hours from these: For information contact the Department of Economics, 208 Laws Hall (513-529-2836). This minor is designed for students who are interested in exploring how their major area of specialization connects to the workplace and the economy. Students who are preparing for law school or a Master of Business Administration (M.B.A.) program will find this minor valuable. The 18 hours of economics must be completed with at least a 2.0 g.p.a. Either ECO 315 or ECO 317 must be taken at Miami. The proper choice of electives allows you to complete a Thematic Sequence and receive a minor in economics. Program Requirements All of these (9 semester hours): Nine additional semester hours of advanced economics (300-level and above), which may include the other intermediate theory course. Electives (9 semester hours) Entrepreneurship (24 semester hours) For information, contact the Page Center for Entrepreneurship, 218 Upham Hall (513-529-1221). This interdisciplinary minor provides exposure to principles and concepts of entrepreneurship applied to new venture start-up, small business growth, and corporate innovation. This program complements majors in the business school and other divisions; it supports the application of entrepreneurial concepts and approaches to your major. Objectives include (a) recognizing and developing entrepreneurial potential; (b) developing an understanding of entrepreneurship as a manageable process; (c) using tools, frameworks, concepts, and perspectives that are helpful in recognizing how entrepreneurship works, and (d) appreciating the role that entrepreneurial attitudes and behaviors can play in personal and professional lives and in society at large. This minor can be used to satisfy a Thematic Sequence. Program Requirements: Business foundation courses. All of these:* Three of these: This one: For information contact the Department of Finance, 120 Upham Hall (513-529-1560). This minor provides in-depth study of financial management and introduces financial topics of current importance. The courses provide financial management tools and techniques relevant both to corporate finance and investments. This minor allows you to develop and integrate numerous skills and techniques relevant to modern finance. All 18 semester hours must be taken at Miami University. A minimum 2.0 g.p.a. is required for all courses in the minor. Program Requirements All of these: Six semester hours from these: International Business (21 semester hours) For information contact the Richard T. Farmer School of Business advising office, 103 Laws Hall (513-529-1712). This minor, open only to business majors, offers a concentration of courses providing a foundation for a career in international business. A core of courses from the Richard T. Farmer School of Business and electives from other divisions focus on international topics. This minor, which satisfies a Thematic Sequence requirement, may be directed toward a specific geographical area of the world. A minimum of 21 hours including the core requirements with at least a C average is required. Approved Electives You are required to take an additional six hours of approved electives from at least two different departments. Chosen electives must be outside the School and cannot be used to fulfill both the Miami Plan Foundation requirement and the international business minor. Suggested electives are recommended but by no means comprise the extent of courses that would be useful preparation. You may explore other courses in disciplines suggested as well as those from other disciplines within the university that are international in scope. All electives must be approved by an international business adviser in the Richard T. Farmer School of Business. All upper-level language courses (300-499) are acceptable electives. Typically, language courses at 100- or 200-level that stress conversation and grammar cannot be used as electives. Some courses offered at the Dolibois European Center in Luxembourg may be used as electives. Students usually design their own concentration of electives; a list of all approved electives is available in the advising office. Language Preparation You are required to take one foreign language course at the 201 level or above at an accredited American university or a school associated with an accredited American university. Foreign language skills, in combination with courses on a specific geographic area, also may provide you with a model and a methodology for understanding different cultures and direct access to at least one culture through its medium of communication. The College of Arts and Science provides courses for preparation in Chinese, French, German, Greek, Hebrew, Italian, Japanese, Latin, Portuguese, Russian, and Spanish. Study Abroad Each year opportunities at Miami University for studying in different cultures expands. Miami offers international education at the John E. Dolibois European Center in Luxembourg, where programs have been available since 1968. Students may also participate in the International Student Exchange Program (ISEP) and choose from institutions in more than 30 countries, or they may exchange with the Vienna University of Economics and Business Administration in Austria, the Federal University of Parana in Brazil, Kansai University in Japan, University of Glasgow in Scotland, or selected universities in China. The Richard T. Farmer School of Business offers international summer programs for two-, three-, or six-week terms. Students study SBA courses and international business in England, Ghana, Luxembourg, Russia, Spain, or the Pacific Rim, take field trips to other countries, and meet with executives and government people. Program Requirements All of these: Option A Two of these: And/or any business courses, approved in advance by the SBA International Studies Committee, which are offered at the Dolibois European Center in Luxembourg or an approved international summer program (3-6). Option B One of these: One of these: And/or any business courses, approved in advance by the SBA International Studies Committee, which are offered at the Dolibois European Center in Luxembourg or an approved international summer program (3-6). Management (22 semester hours) For information contact the Department of Management, 307 Laws Hall (513-529-4215). This minor provides students with majors outside the School of Business Administration opportunity to enhance their major areas of study by gaining knowledge of management theory and its application. For all options, you are required to take: (1) an introductory statistics course to provide a prerequisite background in statistical concepts and (2) a managerial accounting course to provide the necessary background to use financial information for making decisions. Beyond these two requirements, select one of the three tracks. Program Requirements Human resource management track All of these: One of these: Two of these: Operations management track One of these: All of these: Organizational behavior track One of these: All of these:* * MGT 291, 414, and 415 satisfy Thematic Sequence MGT 1 Dynamics of Human Behavior in Organizations. Management Information Systems (18 semester hours) For information contact the Department of Decision Sciences and Management Information Systems, 311 Upham Hall (513-529-4826). Increased business dependence upon information has created a need for business professionals well versed in the use of computers and adoption of information technology for personal productivity, application developments, and decision support. This program is designed to give students who major in other disciplines a strong background in information technology and systems. It is also beneficial for students entering businesses that make extensive use of information technology. MIS graduates are actively recruited for positions in a number of indistries including management consulting, manufacturing, banking, and marketing. A minimum 2.0 g.p.a. is required for all courses in the minor. You must contact a management information systems advisor in the department to have the minor noted on your grade transcript when applying for graduation. This minor satisfies thematic sequence MIS 1 - Information Management and the Role of Electronic Commerce requirements. Program Requirements All of these: Electives. One of these: Marketing (19-22 semester hours) For information contact the Department of Marketing, 200 Upham Hall (513-529-3270). Marketing is a core business function that consists of activities to facilitate mutually beneficial exchange processes. Contemporary organizations require employees with broad perspectives who understand cross-functional integration to facilitate adaptation to the accelerated change taking place within society. The minor in marketing provides knowledge of the theory and practice of marketing. Because marketing is the major boundary spanning and most externally focused function within business, you have an opportunity to gain an appreciation of what it takes to be successful in the modern business environment and in contemporary markets. This minor provides students from other majors the opportunity to complement their major area of interest. This minor provides a foundation in business and marketing and is flexible depending on your area of interest. A minimum of 19 hours for business students and 22 hours for non-business students are required. The minor has nine prerequisite hours for non-business majors and six prerequisite hours for business majors. Non-business majors are exposed to an overview of business (MGT 111), the principles of microeconomics (ECO 201), and statistics (DSC 205). Since the six prerequisite hours for business majors (ECO 201 and DSC 205) are part of the business core, they can complete the minor with 13 additional hours. Five tracks are designed around sub-functions within marketing. After prerequisites, all tracks require MKT 291 Principles of Marketing and MKT 351 Marketing Analysis to provide a foundation. Business to Business, Marketing Research, Promotion, and Retailing tracks require MKT 391 Buyer Behavior and a course in the sub-functional area. The International Marketing track requires the same foundation courses, then BUS 371 International Business and MKT 471 International Marketing. Program Requirements Prerequisites Marketing minor tracks Business to business Marketing research Promotion Retailing International marketing Risk Management and Insurance (18 semester hours) For information contact the Department of Finance, 120 Upham Hall (513-529-1560). This minor provides an in-depth study of the risk management process and operational, legal, moral, and social issues surrounding life and health, property, and casualty insurance industries along with the employee benefits area. The financial consequences of being exposed to pure risk are explored for individuals and businesses. Tools for handling these exposures are critically analyzed along with the process of implementing financial and other strategies to prepare for possible outcomes. Program Requirements All of these: * Finance majors cannot use these courses to satisfy both the finance major and this minor Supply Chain Management (21 semester hours) For information, contact the Department of Marketing, 200 Upham Hall (513-529-3270). A recent study cited supply chain management (SCM) as one of the three most important management practices for determining world class performance. This minor provides an understanding of SCM as a key business strategy, and it develops tools for integrating key functions of procurement, production, marketing, logistics, accounting, and MIS, leading to successful operation of the entire SCM process. You will be exposed to career opportunities in this field. This minor satisfies Thematic Sequence STA 1 Quality Issues in Contemporary Business and Industry. Program Requirements Business foundation courses. All of these: All of these: Focus elective. One of these: Tools elective. One of these: This one: General Bulletin Home | Search | Top |Miami University Main Page |
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