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Kelley School of
Business 2006-2008
Undergraduate
Academic Bulletin

Undergraduate Program
Kelley School of Business  
Indiana University  
1309 East Tenth Street, BU224  
Bloomington, IN 47405  
Local: (812) 855-0611  
Contact Undergraduate Program
 

Bachelor of Science in Business

Degree Requirements
Course Requirements
Department of Accounting
Department of Business Economics and Public Policy
Department of Business Law
Department of Finance
Department of Information Systems
Department of Management
Department of Marketing
Department of Operations and Decision Technologies
Special Opportunities

Degree Requirements

To be awarded the Bachelor of Science in Business degree, students must meet the following requirements:

  1. Complete a minimum of 124 credit hours. Of this number, at least 48 credit hours must be in business and economics courses; a minimum of 62 credit hours must be in courses other than business and economics.
  2. Complete the specific degree requirements of the Kelley School as listed below.
  3. Complete the last 30 credit hours of the degree program at Indiana University Bloomington. Note: With prior written approval, students may take a maximum of 6 non-business credit hours of the final 30 credit hours at another IU campus, at another institution of higher education, or by correspondence study through the Indiana University Independent Study Program. To request approval, students must see a business academic advisor in the Kelley School.
  4. Take all 300- and 400-level business courses on the Bloomington campus. This requirement applies to the core curriculum and business courses listed for each curricular major.
  5. Be in good academic standing with a minimum cumulative grade point average of 2.0 (C) in all course work taken at Indiana University. In addition, all business courses must be completed with a minimum cumulative grade point average of 2.0 (C). Grades of A, B, C, D, F, FN, and Extended X grades are included in the cumulative grade point average.
  6. File a degree application at www.kelley.iu.edu/ugrad by the required deadline. Students who expect to graduate in December should file a degree application by October 1. Students whose intended graduation date is May should file a degree application by November 1, and those students with an intended graduation date of June or August should file an application by February 1.

Students in the Kelley School are responsible for understanding and for meeting the degree requirements. Students are encouraged to meet with a business academic advisor every semester to plan and clarify degree requirements.

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Course Requirements

The course work required for the B.S. degree in business consists essentially of three parts:

General-Education Component
Business Component
Elective Hours, as necessary

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General-Education Component

(62 credit hours)

Kelley School of Business majors must complete at least 62 credit hours outside of business and economics course work.1

I. Communications (8-9 credit hours)
II. Mathematics (6-7 credit hours)
III. International Dimension (6 credit hours)
IV. 27 Credit Hour Core
V. Supplemental Hours

Return to Course Requirements

I. Communications (8-9 credit hours)

ENG-W 131 Elementary Composition or an approved English composition option (2-3 cr.)2
BUS-X104 Business Presentations (3 cr.)3
BUS X 204 Business Communications (3 cr.)

(A minimum grade of C is required in all courses taken to fulfill the communications requirement.)

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II. Mathematics (6-7 credit hours)

MATH-M 118 Finite Mathematics (3 cr.)4
MATH-M 119 Brief Survey of Calculus I (3 cr.) or MATH M 211 Calculus I (4 cr.)5

(A minimum grade of C is required in all courses used to fulfill the mathematics requirement.)

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III. International Dimension (6 credit hours)

The international dimension requirement may be fulfilled in any one of the following four ways:

  • Language
    A minimum of 6 credit hours of a language at the 200 level or above.
  • International Business and Economics
    A minimum of 6 credit hours from the following list:
    BUS-D 301 The International Business Environment (3 cr.)
    BUS-D 302 International Business: Operations of International Enterprises (3 cr.)
    BUS-L 411 International Business Law (3 cr.)
    BUS-F 494 International Finance (3 cr.)
    BUS-G 494 Public Policy and the International Economy (3 cr.)
    BUS-M 401 International Marketing (3 cr.)
    BUS-X 330 International Communication Strategies (3 cr.)
    BUS-X 488 Current International Topics (1-6 cr.)
    ECON-E 303 Survey of International Economics (3 cr.)
    ECON-E 331 International Trade (3 cr.)
    ECON-E 332 International Monetary Economics (3 cr.)
    ECON-E 337 Economic Development (3 cr.)
    ECON-E 386 Soviet-Type Economies in Transition (3 cr.)
  • Approved Overseas Programs
    Participation in any approved overseas program of Indiana University (minimum 6 cr.) will fulfill this requirement. Please see a business academic advisor.
  • Area Studies
    Selection of two approved courses (minimum 6 cr.) from one of the following area studies programs:
    1. African studies
    2. Central Eurasian studies
    3. East Asian studies
    4. Latin American and Caribbean studies
    5. Near Eastern studies
    6. Russian and East European studies
    7. West European studies
  • Note: International students studying in the Kelley School should see a business academic advisor to obtain a waiver for the International Dimension Requirement.

    Return to General-Education Component

    IV. 27 Credit Hour Core

    Students may choose ONE of two alternatives—the distribution option or a field specialization—to complete the 27 credit hour core.

    Distribution Option
    Complete a total of 27 credit hours of course work distributed in the following way:

    1. Fifteen credit hours of course work offered by the College of Arts and Sciences in one of the areas listed below with a minimum of 6 credit hours at the 300/400 level (with the exception of Natural and Mathematical Sciences, which requires 6 credit hours at the 200 level or higher):

      a. Arts and Humanities
      b. Social and Historical Studies6
      c. Natural and Mathematical Sciences6,7

    2. Six credit hours in each of the other two College of Arts and Sciences areas not selected for the 15 credit hour requirement.

    Note: For the distribution option, students may use one course for each area chosen from the following: COLL TOPICS courses E 103, E 104, E 105, S 103, S 104, and S 105, and Intensive Freshman Seminar courses.

    Field Specialization Option
    Students may complete one of the field specializations listed below by completing 27 credit hours taking any courses from the departments or schools within the chosen field. At least 6 of the 27 required credit hours must be at the 300/400 level for all but the science and technology field, which requires at least 6 credit hours at the 200 level or above.

    1. Communication
      Journalism
      Telecommunications
      English
      Communication and Culture
      Speech and Hearing Sciences
      Physics (P 105 and P 106 only)
    2. Environmental
      Biology
      Chemistry
      Geological Sciences
      Public and Environmental Affairs
      Physics (P 120, P 201, P 202, P 211, and P 310 only)
    3. Global Studies and Languages
      African Studies
      American Sign Language
      Central Eurasian Studies
      Classical Studies (language courses)
      East Asian Studies
      French/Italian
      Germanic Studies
      India Studies
      Jewish Studies
      Latin American and Caribbean Studies
      Near Eastern Studies
      Russian and East European Studies
      Spanish/Portuguese
      West European Studies
    4. Arts and Social Services
      Fine Arts
      African American and African Diaspora Studies (A 100, A 104, A 110, and A 120 only)
      Jewish Studies
      Music
      Philosophy
      Public and Environmental Affairs
      Religious Studies
      Social Work
      Theatre
    5. Science and Technology
      Astronomy
      Biology
      Chemistry
      Computer science7
      Geological sciences
      History and philosophy of science
      Mathematics
      Medical science
      Physics

     

    Note: If the subject of a COLL TOPICS course or freshman seminar (such as an Intensive Freshman Seminar) is within the realm of a department listed for a field specialization, students can discuss with a business academic advisor the possibility of having it counted toward the field specialization. The applicability of courses to fulfill the field specialization requirements is subject to the approval of the Undergraduate Program.

    Return to General-Education Component

    V. Supplemental Hours

    Students may choose courses from throughout the university, excluding Kelley School and Department of Economics courses, to complete the 62 credit hour general-education component. The number of credit hours each student will take for this will depend on how other categories of the general-education component are met.

    General-Education Special Opportunities

    Freshman Seminars
    Freshman Seminars are 3 credit hour courses taught by full-time faculty with a maximum enrollment of 20 freshmen. They are content-oriented and normally include a writing component.

    If the subject of a freshman seminar is within the realm of a department listed under a field specialization option, the seminar may count toward the field specialization requirement. For the distribution option, one freshman seminar course may be counted in each area. See a Kelley School of Business academic advisor to determine how specific freshman seminars may apply to the distribution option or field specialization requirements.

    COLL Topics Courses
    The Kelley School will use the number definitions established by the College for topics courses as follows:
    COLL-E 103 TOPICS in Arts and Humanities
    COLL-E 104 TOPICS in Social and Historical Studies

    COLL-E 105 TOPICS in Natural and Mathematical Sciences

    Students may apply one COLL topics course per area to the distribution option or field specialization requirements. Additional topics courses taken will be counted as supplemental hours.

    Hutton Honors College
    The College has designated the numbers shown below as honors courses. Students may apply any honors course with the following course prefix and number to the distribution option or field specialization program.
    HON-H 203 Interdepartmental Colloquia (Arts and Humanities)
    HON-H 204 Interdepartmental Colloquia (Social and Historical Studies)
    HON-H 205 Interdepartmental Colloquia (Natural and Mathematical Sciences)
    HON-H 211 Ideas and Experiences I— (Arts and Humanities)
    HON-H 212 Ideas and Experiences II—(Social and Historical Studies)
    HON-H 303 Interdeparmental Colloquia (Arts and Humanities)

    HON-H 304 Interdepartmental Colloquia (Social and Historical Studies)

    HON-H 305 Interdepartmental Colloquia (Natural and Mathematical Sciences)

    Return to General-Education Component

    Return to Course Requirements

    Business Component

    I. Fundamentals
    II. Junior Year
    III. Senior Year
    IV. Integrative Core
    V. Business Majors

    Return to Course Requirements

    I. Fundamentals

    All courses must be completed with a C or higher.
    BUS-A 100 Business Accounting Skills (1 cr.)
    BUS-A 201 Introduction to Financial Accounting (3 cr.)
    BUS-A 202 Introduction to Managerial Accounting (3 cr.)
    BUS-K 201 The Computer in Business (3 cr.)
    BUS-L 201 Legal Environment of Business (3 cr.)
    BUS-X 104 Business Presentations (3 cr.)

    BUS-X 201 Technology (3 cr.)
    BUS-X 220 Career Perspectives (2 cr.)
    BUS-G 202 Business and Economic Strategy in the Public Arena
    ECON-E 201 Introduction to Microeconomics (3 cr.)
    ECON-E 370 Statistical Analysis in Economics and Business (3 cr.)

    Return to Business Component

    II. Junior Year

    BUS-Z 302 Managing and Behavior in Organizations (3 cr.)
    ECON-E 202 Introduction to Macroeconomics (3 cr.)

    Return to Business Component

    III. Senior Year

    BUS-X 420 Business Career Planning and Placement (2 cr.)

    Return to Business Component

    IV. Integrative Core (14 cr.): (must be completed with a C or higher)

    BUS-F 370 Financial Management (3 cr.)

    BUS-I 370 I-Core Discussion (2 cr.)
    BUS-J 370 Strategic Management (3 cr.)
    BUS-M 370 Marketing Management (3 cr.)
    BUS-P 370 Operations Management (3 cr.)

    Return to Business Component

    V. Business Concentrations

    In addition to fulfilling the general-education component and the business component requirements previously listed, students in the Kelley School select one or more of the following concentrations, listed below under their home departments.

        Accounting

    Accounting

        Business Economics and Public Policy

    Economic Consulting Track
    Public Policy Analysis Track

        Business Law

    Legal Studies

        Finance

    Finance
    Finance—Real Estate

        Information Systems


    Business Information Systems8
    Computer Information Systems

        Management


    Entrepreneurship
    International Business8
    Management

        Marketing

    Marketing


        Operations and Decision Technologies


    Business Process Management
    Production/Operations Management

    Major requirements are subject to change during the two years covered by this bulletin. It is the student’s responsibility to stay informed of significant curricular changes by seeing a business academic advisor on a regular basis.

    Please see a business academic advisor for current minimum grade requirements.

    Return to Business Component

    Return to Course Requirements

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    Department of Accounting

    The Bachelor of Science (B.S.) in accounting curriculum prepares students for careers in auditing, corporate accounting, consulting, government and not-for-profit organizations, and taxation. It equips the prospective business executive with tools for intelligent analysis, planning, control, and decision making. Graduates of this program are among the leaders of the profession and the worldwide business community. The accounting curriculum also provides an excellent foundation for the student who wants to pursue graduate work in business, public administration, or law. Because this curriculum is highly structured—most of the courses must be taken in a certain order—interested students should select this major as soon as possible in order to graduate within four years.

    Internships in business or government are available on a selective basis during the fall, spring, and summer terms. Fall is an ideal time to apply for an accounting internship, as the majority of public accounting internships are spring-semester positions. The Undergraduate Career Services Office can provide further information about internships. The Kelley School of Business Undergraduate Program does not award academic credit for internships.

    Accounting graduates who meet the requirements of the State Board of Public Accountancy of Indiana are eligible to sit for the Uniform CPA Examination in Indiana. 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 Public Accountancy, 912 State Office Building, Indianapolis, IN 46204. Most states, including Indiana, now require accounting professionals who wish to be licensed as certified public accountants to complete 150 credit hours of education. The Kelley School Systems and Accounting Graduate Programs offer two graduate programs for individuals who wish to fulfill the education requirements necessary to sit for the CPA examination. Students planning to practice outside Indiana should consult the CPA licensing board in their intended state of residence. More information can be found at www.cpa-exam.org or www.nasba.org.

    Major Requirements
    Junior Year: BUS-A 311, A 325, A 329, X 301, and S 400.
    Senior Year: BUS-A 312, A 424 and either A 422 or A 437. Students must also select a 9 credit hour supporting concentration in a business discipline other than accounting.

    Systems and Accounting Graduate Programs
    The Master of Business Administration in Accounting is referred to as a “3 plus 2” program designed for Kelley School students majoring in accounting or finance. Students spend three years in undergraduate study at Kelley, apply for admission in the junior year, and then complete two years in graduate study. Students work in student teams, and course work is delivered in a workshop format by outstanding faculty members. Consisting of 66 credit hours, the market-driven curriculum includes “real world” experience—such as a five-week field study (more than likely overseas), a field consulting project, a capstone project, business simulations, etc. In addition to the first-year core, students have the opportunity to pursue a career track major in the second year, specializing in (1) assurance and risk management, (2) financial analysis, (3) information management, or (4) taxation. Rather than graduating with a bachelor’s degree, starting a career, and then having to interrupt it later to come back to school for two years, students stay one additional year and earn both a B.S. and an M.B.A. Admission to the program is competitive. Students interested in the program should meet with a business advisor to make sure they are taking only the necessary course work and staying “on track” to complete the prerequisites. With careful planning, qualified students are typically ready to apply for admission in the fall term of the junior year.

    The Master in Professional Accountancy is a one-year graduate accounting degree open to qualified individuals who have completed a bachelor’s degree from Indiana University or another accredited college or university, regardless of academic discipline. Students with an undergraduate degree in accounting can expect to complete graduation requirements in one academic year, while students without an accounting background are expected to complete basic business foundation course work prior to the start of fall classes. An Intensive Summer Session is provided, during which those prerequisites can be taken at IU. Work experience is not required. M.P.A. students develop valuable advanced financial skills in a technical accounting curriculum while gaining “real-world” experience in a team-based, corporate-sponsored consulting project. Students specialize in either assurance and risk management or taxation.

    For more information, contact the Systems and Accounting Graduate Programs office in Suite 2000, on the bridge connecting the two business buildings. Visit the Web site sagp.kelley.indiana.edu or e-mail sagp@indiana.edu.

    Return to Department of Accounting

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    Department of Business Economics and Public Policy

    Business economics is playing an increasingly important role in managerial decision making in the United States and in international settings. Consequently, job opportunities have expanded. Firms are particularly interested in the fields of policy analysis, applied economics, and forecasting. Enterprises have also become increasingly influenced by governmental rules, regulations, and policies. Specifically regulated industries, such as public utilities, have a need for individuals qualified to deal with the economic and administrative problems that they encounter as they face increased competition and government scrutiny. The undergraduate majors in business economics and public policy provide students with training in the application of micro- and macroeconomics to problems of business decision making, the effect of governmental policies on the business environment, and forecasting techniques.

    The majors are especially useful for students who wish to pursue business or government careers that are related to the fields of applied economics, economic development, regulation, policy analysis, and forecasting. Students intending to pursue graduate programs in law, business, public administration, or economics will find that a business economics and public policy major serves as an excellent foundation.

    The department offerings include courses in managerial economics, forecasting, international economics and policy, business conditions analysis, public policy, urban economics, game theory, and business and economic history.

    Economic Consulting Track

    To be a successful management or economic consultant, one must master three types of skills: diagnostic (asking the right questions), analytical (being mathematical and logical), and communication (writing and speaking not only well, but logically). Tools and thinking processes, rather than specialized industry knowledge, are the essential assets that enable the consultant to cope with a vast array of challenges. The range of problems is virtually infinite: antitrust, industry regulation, damage analyses, economic and financial modeling, intellectual property valuation, environmental economics, and public policy, to name a few.

    Major Requirements
    Sophomore, Junior, and Senior Years: BUS-G 303, G 304, G 345, G 350, G 400, G 406, and G 492.

    Public Policy Analysis Track

    This track is aimed at students who want a liberal arts concentration to prepare for graduate or professional school or to prepare for a public-sector position.

    Major Requirements
    Sophomore, Junior, and Senior Years: BUS- G 303, G 304, G 345, G 350, G 494, and either G 309 or G 492.

    Return to Department of Business Economics and Public Policy

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    Department of Business Law

    Legal Studies

    The business law department’s course offerings acquaint students with what is probably the most important external factor affecting business decisions: the law. These courses provide an understanding of the nature, functions, and practical operation of the legal system. They also provide considerable information about the most important substantive legal rules restricting—and facilitating—business conduct. 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.

    Major Requirements
    Sophomore, Junior, and Senior Years: BUS-L 201 (or L 293) and L 470; three courses from BUS-L 100, L 250, L 303, L 312, L 315, L 350, L 406, L 408, L 409, L 411, and M 429; and one additional course from the above list or from BUS-D 301, G 330, G 406, J 404, Z 404, JOUR-J 300, SPEA-V 450, and POLS-Y 304.9

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    Department of Finance

    Finance Track
    Real Estate Track

    The finance major prepares students for a broad range of careers. Within the finance major are two “tracks” to choose from—finance and real estate. Students progressing on a four-year schedule generally need to choose between these tracks before registering for senior-year courses.

    All students in the finance major take the “Finance Core,” which consists of two courses: F 303 Intermediate Investments and F 305 Intermediate Corporate Finance. The Finance Core provides a rigorous treatment of the core concepts of finance and develops spreadsheet skills in financial modeling. This core also provides a solid depth of knowledge and serves as a foundation for all of the 400-level finance electives. In addition, the finance major requires 6 credit hours of accounting courses. This lays a critical foundation in accounting that finance employers demand.

    The finance electives provide a wide breadth of knowledge. These courses allow students to specialize in any of the subfields of finance: corporate finance, investments, banking, international finance, and entrepreneurial finance. Nearly all of these courses further develop spreadsheet skills in financial modeling.

    Finance Track

    The finance track prepares students for careers in finance, including positions in five subfields: (1) corporate finance positions, such as financial analyst or treasurer, (2) investment positions, such as broker, security analyst, portfolio manager, or trader, (3) banking positions, such as credit analyst, loan officer, or branch manager, (4) international finance positions, such as working in finance outside the U.S. or working in finance in the U.S. arm of a multinational corporation, (5) entrepreneurial finance positions, such as venture capitalist or small business finance.

    The finance electives are organized by the same subfields. Corporate finance electives are F 307, F 402, and F 408. Investment electives are F 335, F 420, and F 421. Banking electives are F 446 and G 345. The international finance elective is F 494. The entrepreneurial finance elective is F 317. Detailed one-page course descriptions are available at www.kelley.iu.edu/finance.

    Major Requirements
    Sophomore, Junior, and Senior Years: BUS-A 310, A 324, F 303, F 305, and one of the following: BUS-A 327, A 329, A 420, or A 422.

    Elective Hours: Twelve credit hours with at least 6 credit hours at the 400-level from the following: BUS-F 307, F 317, F 335, F 390, F 402, F 408, F 420, F 421, F 446, F 470, F 494, G 345.

    Permitted Substitutions:

    • Intermediate Accounting. BUS-A 311 and A 312 can substitute for BUS-A 310 and 3.0 credit hours of a 400-level finance elective.
    • Cost Accounting. BUS-A 325 can substitute for BUS-A 324 and one of the following: BUS-A 327, A 329, A 420, or A 422.
    • Money, Banking, and Capital Markets. ECON-E 305 can substitute for BUS-G 345.

    Notes: A minimum GPA of 2.0 is required over all finance major courses. No credit will be given for BUS-A 310 if taken after or concurrently with BUS-A 311.

    Real Estate Track

    The real estate track prepares students for careers in corporate real estate, investment analysis, appraising, financing, mortgage banking, property management, and residential and commercial properties marketing. The curriculum emphasizes analytic techniques applicable to real estate (R 305), appraisal methods (R 440), and the decision-making process for acquiring, financing, and managing income-producing properties (R 443). Real estate represents a substantial portion of the nation’s wealth and is an important component of the investment portfolios of many individual investors and financial institutions.

    Major Requirements
    Sophomore, Junior, and Senior Years: A 310, F 303, F 305, L 408, R 305, R 440, R 443

    Elective Hours: Three credit hours from A 327, A 329, A 420, F 307, F 317, F 335, F 402, F 408, F 420, F 421, F 446, F 494, L 409.

    Notes: A minimum GPA of 2.0 is required over all finance major courses. No credit will be given for BUS-A 310 if taken after or concurrently with BUS-A 311.

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    Department of Information Systems

    Computer Information Systems (CIS) Major

    The Bachelor of Science (B.S.) in computer information systems (CIS) prepares students for careers in the broadly defined information systems field as it applies to business. Most program graduates begin their careers as systems analysts, programmer/analysts, or consultants, but an increasing number of information systems graduates are likely to be employed as systems liaisons in the traditional functional areas of accounting, finance, marketing, or production. Demand for information systems graduates is expected to remain high for the foreseeable future, with average starting salaries likely to be the highest among all majors available in the Kelley School. Opportunities in the information systems area are superb for students with an interest in information technology and systems, a high level of analytical ability, and a desire to work on challenging problems in a business environment. Strong demand exists both in corporations and in management consulting organizations.

    In addition to the courses required for all business students, students pursuing a major in CIS must take eight business courses. These include S 308 Business Application Development; S 225 Business Telecommunications; S 307 Data Management; S 310 Systems Analysis and Design; and two to four 400-level courses from S 400, S 410, S 428, or S 433. If choosing only two CIS electives, two additional upper-level business electives must be selected from one other business department. Students are encouraged to pursue a CIS/Business Process Management or CIS/Business Process Management/Operations Management combination.

    Major Requirements
    Sophomore Year: BUS-S 225 or S 308.
    Junior Year: BUS-S 225, S 308, S 307, and S 310.
    Senior Year: Two to four courses from S 400, S 410, S 428, S 433. Undergraduate students intending to pursue the Master of Science in Information Systems degree should take S 428 and S 433 in the senior year.

    Business Information Systems (BIS) Co-Major
    The evolution of organizations into the digital enterprises has created a strong demand for employees who understand and can integrate business practices, functional discipline knowledge, and information systems concepts. The intent of the Business Information Systems (BIS) co-major is to provide Kelley School students the opportunity to complement their primary major with information system-related course work. Given the pervasiveness of information systems in organizations, this combination of knowledge is attractive to many potential employers. The BIS major is flexible in course requirements and can thus be easily combined with a student’s primary business major to create an attractive double major. Students pursuing this co-major are required to take four courses.

    Major Requirements
    Sophomore, Junior, and Senior Years: BUS-S 225, S 307, S 310, and one of the following: S 400 or S 433.

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    Department of Management

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

    The department offers majors in:

    Entrepreneurship
    International Business (Co-Major)
    Management

    Entrepreneurship

    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 Kelley School of Business, recognizing the contributions of entrepreneurs and the interest shown by students in creating and managing small businesses, offers an entrepreneurship major. This major focuses on the special skills and knowledge needed by entrepreneurs and managers of small and medium-sized firms.

    Major Requirements
    Junior and Senior Years: BUS-A 305 or F 317, W 211, W 311, W 406; one course from BUS-Z 402, Z 404, Z 440, and W 405.

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    International Business Co-Major

    U.S. firms have progressed far beyond the comparatively simple stage of import-export operations in response to new and dynamic patterns of international business. Many companies are becoming multinational, with productions units in numerous foreign countries. Many foreign entities also operate in the United States. For these reasons, private enterprise in the U.S. has become more intimately concerned not only with international business but also with the underlying economic, political, and social trends of foreign nations. The multidisciplinary international business co-major focuses on these developments.

    Major Requirements
    Sophomore, Junior, and Senior Years:
    BUS-D 301 and D 302
    Required Foreign Language Study-minimum of 6 credit hours at 200 level or higher
    Required Overseas Study—on approved program minimum of 6 credit hours
    Electives: 9 credit hours—at least two of these courses must be BUS courses BUS-D 490, D 496, F 494 (finance majors only), G 309, G 494, L 411, M 401 (marketing majors only), X 480, ECON-E 303, E 309, E 331, E 332, E 337, and EALC-E 393 and E 394 .

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    Management

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

    The 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 today’s interdependent society.

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

    Major Requirements
    Junior and Senior Years: BUS-W 430, Z 404, Z 440, and two of the following: Z 402, Z 442, and Z 443 (Z 302 is a prerequisite for all of these courses).

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    Department of Marketing

    Marketing

    The study of marketing concerns itself with all activities related to the marketing and distribution of goods and services, from producers to consumers. Areas of study include buyer behavior, the development of new products, pricing policies, institutions and channels of distribution (including retailing, the Internet, and wholesaling), advertising, professional selling, sales promotion, marketing research, and the management of marketing to provide for profitable and expanding businesses.

    The marketing curriculum provides comprehensive training for students so they can approach problems with a clear understanding both of marketing and of the interrelationships between marketing and other functions of the firm. Marketing majors include students planning careers in marketing, management, advertising, professional sales, sales management, retailing, wholesaling, marketing research, and distribution. Students may pursue within the curriculum a modest degree of specialization in the area of their vocational interest.

    Major Requirements
    Junior Year: BUS-M 303, M 342, M 343, and M 344.

    Junior and Senior Years: Three courses from BUS-M 330, M 401, M 402, M405, M407, M 415, M 419, M 426, and M 429.

    Senior Year: BUS-M 450.

    Return to Department of Marketing

    Department of Operations and Decision Technologies

    Business Process Management
    Business Process Management (BPM) majors will be able to interact with technology in significant ways to solve organizational problems. Today’s global business environments are characterized by unprecedented competitive pressures that demand innovative and speedy solutions. A key component of managing these fast-changing environments is a breed of new information systems that integrate and optimize processes across the entire enterprise. Such systems are called Enterprise Resource Planning (ERP) systems. SAP AG, a German firm, is the world leader in developing and implementing ERP systems. BPM majors will learn to use SAP Enterprise Resource Planning software, as well as other software packages, to improve operations. The opportunities for BPM majors range from designing and/or managing the technical operations of a complex, computer-controlled manufacturing firm to providing technical support for a large retailer and/or distributor to designing and/or managing technology that supports investment portfolios and banking operations. In addition to these areas, a BPM degree prepares students for support/consulting positions. Increasingly, companies are outsourcing certain types of work, including technology-related projects, to consulting agencies. Students interested in traditional operations management occupations also should consider this major.

    Major Requirements
    Sophomore, Junior, and Senior Years: BUS-K 317; one of the following: BUS-S 308, K 217 or CSCI-A 201; and three of the following: BUS- K 410, P 421, P 429, and K 311.
    Required Set of Electives: Two courses from ONE of three sets:
    Computer Technology: CSCI-A 202, A 306, BUS-S 225, S 307, S 308, S 310, S 400 and K 490
    Financial Analysis: BUS-F 303, F 305, and F 421
    Materials Management: BUS-M 303, M 402, M 407

    Computer Information Systems (CIS) Major
    The Bachelor of Science (B.S.) in computer information systems (CIS) prepares students for careers in the broadly defined information systems field as it applies to business. Most program graduates begin their careers as systems analysts, programmer/analysts, or consultants, but an increasing number of information systems graduates are likely to be employed as systems liaisons in the traditional functional areas of accounting, finance, marketing, or production. Demand for information systems graduates is expected to remain high for the foreseeable future, with average starting salaries likely to be the highest among all majors available in the Kelley School. Opportunities in the information systems area are superb for students with an interest in information technology and systems, a high level of analytical ability, and a desire to work on challenging problems in a business environment. Strong demand exists both in corporations and in management consulting organizations.

    In addition to the courses required for all business students, students pursuing a major in CIS must take eight business courses. These include S 308 Business Application Development; S 225 Business Telecommunications; S 307 Data Management; S 310 Systems Analysis and Design; and two to four 400-level courses from S 400, S 410, S 428, or S 433. If choosing only two CIS electives, two additional upper-level business electives must be selected from one other business department. Students are encouraged to pursue a CIS/Business Process Management or CIS/Business Process Management/Operations Management combination.

    Major Requirements
    Sophomore Year: BUS-S 225 or S 308.
    Junior Year: BUS-S 225, S 308, S 307, and S 310.
    Senior Year: Two to four courses from S 400, S 410, S 428, S 433. Undergraduate students intending to pursue the Master of Science in Information Systems degree should take S 428 and S 433 in the senior year.

    Business Information Systems (BIS) Co-Major
    The evolution of organizations into the digital enterprises has created a strong demand for employees who understand and can integrate business practices, functional discipline knowledge, and information systems concepts. The intent of the Business Information Systems (BIS) co-major is to provide Kelley School students the opportunity to complement their primary major with information system-related course work. Given the pervasiveness of information systems in organizations, this combination of knowledge is attractive to many potential employers. The BIS major is flexible in course requirements and can thus be easily combined with a student’s primary business major to create an attractive double major. Students pursuing this co-major are required to take four courses.

    Major Requirements
    Sophomore, Junior, and Senior Years: BUS-S 225, S 307, S 310, and one of the following: S 400 or S 433.

    Production/Operations Management
    The Production/Operations Management major allows students the greatest tailoring of their interests in either line or staff positions in industries such as transportation, retailing, and entertainment. Students can also customize this major by pursuing courses that focus on the application of computing and information technology to improve manufacturing operations. Job opportunities are in such fields as systems analysis, production control, and quality assurance.

    Both the inbound (purchasing) and outbound (distribution management) functions control the flow of material in an organization. Job opportunities as buyers, inventory planners, and material planners exist in manufacturing and in service industries such as health care. In addition, the major can prepare students for careers as first-line supervisors, which provide a breadth of experience like no other assignment in a firm. Opportunities are present in auto manufacturing, bank back-office operations, and food processing.

    Major Requirements
    Junior and Senior Years: BUS-P 320, P 421, and P 429.
    Elective Credit Hours: Six credit hours from BUS-A 310, A 311, A 325, ECON-E 304, E 315, BUS-F 305, F 402, K 217, K 317, K 410, M 303, M 402, M 407, S 225, S 307, S 310, S 400 and P 490.

    Return to Department of Operations and Decision Technologies

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    Special Opportunities

    Honors Program
    Overseas Study Programs
    Optional Minors
    Minor in Business
    Minor in Entrepreneurship and Small Business Management
    Business Foundations Certificate Program
    Second Bachelor's Degree

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    Mitte Undergraduate Honors Program

    The Kelley School of Business Mitte Undergraduate Honors Program is a highly selective academic experience that provides students with increased challenges and innovative learning experiences. The program facilitates students attaining their potential both inside and outside the classroom through special curricula, leadership opportunities, increased networking opportunities, and the individual student/faculty interaction that is necessary to fully develop those students who possess the capacity and motivation to excel.

    Admission
    Students who are applying to or have been admitted to the Kelley School, who will have completed 26 credit hours of college course work, and have earned a minimum cumulative grade point average of 3.5 by the end of their freshman year may apply for admission to the Mitte Business Honors Program. Applications open up online each year on February 1 and are due by April 1. Students are admitted only for the fall semester of their sophomore year. Visit www.kelley.iu.edu/ugrad/honors for applications. Applicants are evaluated on the basis of their grade point average, participation in extracurricular activities, demonstrated leadership ability, one faculty recommendation, and a brief writing sample.

    Curriculum
    Honors courses enable academically talented students to engage in a rigorous and challenging course of study while enjoying the benefits of smaller classes and closer faculty involvement.

    Once admitted, honors students are required to take part in a team building orientation, take 15 credit hours of honors courses, and take the honors section of the integrative core in the fall semester of the junior year. The core includes an integrating exercise and is taught by tenured faculty.

    As seniors, honors students must complete either a supervised independent research project (BUS-X 496), or they may enroll in one of two senior-level leadership seminars (BUS-X 493 or BUS-W 494). Choices for independent research include a traditional research paper, a business plan, or an industry analysis. The research will be supervised by a faculty member of the Kelley School. Topics taught in BUS-X 493 and BUS-W 494 are chosen each semester by faculty and can include leadership, globalization, negotiation, and professionalism.

    Students are also required either to complete an internship or to participate in an overseas study program. Lastly, honors students must maintain a minimum grade point average of 3.5 throughout the program of study. Upon graduation, students who have maintained this grade point average and have successfully completed the program will have "with Departmental Honors" noted on their diplomas and transcripts.

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    Overseas Study Programs

    The Kelley School offers students the opportunity to discover the culture of a different country through a fall, spring, or summer of study overseas. The students learn about international business and the economic, social, and political environment of the country in which they are living. These programs may give students further opportunities to visit governmental and political agencies, as well as multinational firms. Several of the programs include internships.

    Qualified students may participate in the following programs:

    Semester
    Barcelona, Spain (a minimum of two semesters of college-level Spanish required); Copenhagen, Denmark; Hong Kong, China; CIC London Internship; Maastricht, the Netherlands; Milan, Italy; Monterrey, Mexico (four semesters of college-level Spanish required); Reutlingen, Germany (four to five semesters of college-level German required); Rouen, France (four semesters of college-level French required); Seville, Spain (five semesters of college-level Spanish required); Sydney, Australia.

    Summer
    CIC London Internship (eight weeks); Copenhagen, Denmark (six weeks); Maastricht, the Netherlands (six weeks), IES Barcelona internship (eight weeks and a minimum of two semesters of college-level Spanish required).

    These academic programs enable students to earn 6 to 15 hours of Indiana University credit by attending English-speaking classes taught by faculty from the host university. (The exceptions are programs in Monterrey, Mexico, and Barcelona and Seville, Spain, where some classes will be taught in Spanish; Rouen, France, where some classes will be taught in French; and Reutlingen, Germany, where some classes will be taught in German.) Typically, business students participate in these programs during the junior or senior year. The Integrative Core and ECON E 202 are prerequisites for participation in Kelley School overseas study programs. A GPA of 3.0 is preferred for acceptance to all programs. The overseas study programs will fulfill the international dimension requirement or may apply to the international business majors.

    A dual-degree program with ESB Reutlingen, Germany, offers students the opportunity to obtain two degrees from two of the best business schools in Germany. Designed for students interested in a challenging education that combines the study of German and business, the dual-degree program is the first of its kind at Indiana University Bloomington.

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    Optional Minors

    Students in the Kelley School may elect to complete the requirements for a minor in College of Arts and Sciences course work through those departments offering approved minors. The department offering the minor will define the requirements for completing the minor. Students are required to follow departmental rules regarding grades, prerequisites, and course requirements. The minor will appear on the student’s Indiana University transcript. No more than three minors may appear on the transcript.

    Information concerning approved minors is available in the Academic Advising Office in the Kelley School and in the College of Arts and Sciences Bulletin. Students should consult with an advisor in the department offering the minor.

    Business students may also complete the requirements for a variety of other minors, including kinesiology, human sexuality, applied health science, tourism management, or dance through the School of Health, Physical Education, and Recreation. Further, they can pursue minors in the Schools of Journalism, Music, Informatics, and Public and Environmental Affairs.

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    Minor in Business

    Students pursuing a baccalaureate degree on the Bloomington campus in the College of Arts and Sciences; the School of Music; the School of Health, Physical Education, and Recreation; the School of Continuing Studies; or the School of Public and Environmental Affairs may obtain a minor in business by successfully fulfilling the following requirements (courses may not be taken through independent study):

    1. Complete 26 or more credit hours of college course work that counts toward graduation and be admitted to a degree-granting school.
    2. Successfully complete the following courses:
      BUS-A 200 (A 100 and A 201 or A 100 and A 202)
      BUS-K 20110 (grade of C or higher required)
      BUS-L 201
      Four of the following five:
      BUS-F 30011
      BUS-G 30011
      BUS-M 30011
      BUS P 30011
      BUS-Z 302 or J 306

      *ECON-E 201 is recommended to round out the student's minor in business but not required.

    Important Note: The College of Arts and Sciences, School of Continuing Studies, and School of Journalism require a grade of C- or higher in each course (except for K 201, which requires a grade of C or higher), and an overall GPA of 2.0 in all courses required for the minor. All other units or schools on the Bloomington campus require a grade of C in K 201 and an overall GPA of 2.0 in all courses required for the minor. The College of Arts and Sciences (COLL) limits the number of credit hours outside the College that will count toward a degree. See the College of Arts and Sciences Bulletin for details. Students who are unclear about requirements or minimum grades should check with the College Recorder’s Office, Kirkwood Hall 001.

    It is the student’s responsibility to check with his or her individual school to make sure the proper procedures for declaring the minor and completing requirements are followed. Students completing a business minor should fill out an Application for Minor form in the Recorder’s Office of the school in which they intend to graduate in order to have the minor listed on their transcripts.

    Students should meet with an advisor from their major department to ensure that program planning is accurate.

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    Minor in Entrepreneurship and Small Business Management

    This 21 credit minor is intended for students (non-business majors) who have aspirations and goals in business that will require entrepreneurial skills. Such students might plan to open businesses of their own or work for smaller and/or family-owned businesses. As an alternative to the more traditional minor in business, the minor in entrepreneurship and small business management will fulfill such students’ educational needs while allowing them to pursue their career goals more directly. Students must complete the following requirements (courses may not be taken through correspondence; all 300- to 400-level courses must be taken on the Bloomington campus):

    • Complete 26 or more credit hours of college work and be admitted to any of the following IUB degree-granting units: College of Arts and Sciences; School of Continuing Studies; School of Health, Physical Education, and Recreation; School of Informatics; School of Journalism12; School of Music; and School of Public and Environmental Affairs.
    • Successfully complete the following courses (18 cr.):
      BUS-A 200 (3 cr.) (or A 100 and A 201; or A 100 and A 202)
      BUS-K 201 (3 cr.) with a grade of C or higher10
      BUS-L 201 (3 cr.)
      BUS W 211 (3 cr.)11
      BUS-M 300 (3 cr.) (P: A 200; or A 100 and A 201; or A 100 and A 202)11
      BUS-W 300 (3 cr.) (P: A 200; or A 100 and A 201; or A 100 and A 202)11
    • Elective course: Select one course (3 cr.): -BUS-F 300
      BUS-P 300
      BUS-G 300
      BUS-Z 302
      BUS-Z 302
      or
      BUS-J 306

    Note: The College, the School of Continuing Studies, and the School of Journalism require a grade of C- or higher in each course (except for K 201, which requires a minimum grade of C), and an overall GPA of at least 2.0 in all courses required for the minor. All other units or schools on the Bloomington campus require a minimum grade of C in K 201 and an overall GPA of at least 2.0 in all courses required for the minor. It is the student’s responsibility to check with the individual unit or school to make sure he or she is completing the necessary requirements and following procedures for declaring the minor.

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    Business Foundations Certificate Program

    The Kelley School offers a 30 credit hour certificate program in the fundamentals of business. All courses required in the Business Foundations Certificate Program are introductory and may be applied toward a four-year degree. Courses used to complete the Business Foundations Certificate may not be taken through correspondence and may not be taken pass/fail.

    Economics Requirements (6 cr.)
    ECON-E 201 (3 cr.)
    ECON-E 202 (3 cr.)

    Foundation Course Requirements (9 cr.)
    BUS-A 200 (3 cr.)13
    BUS-F 260 (3 cr.)
    BUS-X 100 (3 cr.) or BUS-G100 (3 cr.)

    Business Foundations Electives (6 cr.)
    BUS-D 301 (3 cr.)
    BUS-G 300 (3 cr.)
    BUS-K 201 The Computer in Business14 (3 cr.)
    BUS-L 100 (3 cr.)
    BUS-L 201 (3 cr.)
    BUS-L 408 (3 cr.) (P: L201)
    BUS-M 300 (3 cr.)
    BUS R 300 (3 cr.)
    BUS-S 260 (3 cr.)
    BUS-W 211 (3 cr.)
    BUS-W 300 (3 cr.)
    BUS-W 311 (3 cr.) (P: W 211 or F 370, J 370, M 370, and P 370)
    BUS-X 330 International Communication Strategies (3 cr.)
    BUS-X 204 Business Communications14 (3 cr.)

    Additional Electives (9 cr.)
    The 9 credit hours needed to complete the 30 credit hour certificate program may be taken from any department on the Bloomington campus. However, remedial and correspondence courses will not count.

    In addition to satisfying course requirements, candidates for the business foundations certificate must meet the following criteria:

    1. Students should apply for the Business Foundations Certificate during the semester in which they are enrolled in the final course for completion. Students can pick up the application at the information window on the second floor of the Kelley School.
    2. Students should be fully admitted students at IU Bloomington and complete a total of 30 credit hours, including elective credits, with a minimum cumulative grade point average of 2.0 (C). Students must also pass all required courses and have a minimum GPA of 2.0 (C) in the 21 credit hours of the business foundations curriculum.
    3. If a student has completed more than 21 credit hours of courses that may be used for the required 21 credit hour core, the courses in which the student earned the highest grade will be considered in the calculation of the GPA. If a student retakes a course, the highest grade will be used in the calculation of the GPA.
    4. At least 15 of the 21 business and economics credit hours required for the certificate must be taken on the Bloomington or Indianapolis (IUPUI) campuses. However, all 300-/400-level courses must be completed on the Bloomington campus.
    5. The 9 elective credit hours may not be taken in remedial or correspondence course work. Questions about elective credits should be directed to the Academic Advising Office in the Kelley School.

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    Second Bachelor's Degree

    Students considering admission for a second bachelor’s degree are advised to investigate opportunities for graduate work or other skill-oriented offerings. Few students are admitted for the purpose of completing a second undergraduate degree. Only students with strong academic credentials should consider the second bachelor’s degree as an option. Candidates who qualify and are admitted for a second degree will be exempted from requirements that have already been completed in their first degrees.

    Students who have already earned a bachelor’s degree in business are not eligible to earn a second business degree, regardless of their credentials. Students who have completed a Kelley School bachelor’s degree may register through the School of Continuing Studies to gain skills in another major, but cannot be certified for a business degree a second time.

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    1For accreditation purposes, the Kelley School is prohibited from allowing business or economics courses to count in the general-education component. Some exceptions apply. See a business advisor..
    2 The following substitutions have been approved for ENG-W 131 (3 cr.): AFRO-A 141 with A 142 (4-4 cr.); ENG-L 141 with L 142 (4-4 cr.); ENG-W 110 (3 cr.); ENG-W 170 (3 cr.); or two semesters of ENG-W 143 (1-1 cr.) combined with two of the following courses: CMLT-C 145 (3 cr.) or SLAV-R 145 (3 cr.) and CMLT-C 146 (3 cr.) or SLAV-R 146 (3 cr.). When two-course sequences are listed, both must be taken to fulfill the requirement. Credit is not given for both AFRO-A 141 and ENG-L 141, or for both AFRO-A 142 and ENG-L 142. Credit is not given for both ENG-W 110 and ENG-W 131, or for both ENG-W 110 and ENG-W 143.
    3 CMCL-C 130, CMCL-C 121, and BUS-X 305 may be substituted for BUS-X 104.
    4 Approved substitutions for this course are MATH-D 116 (3 cr.) and D 117 (3 cr.) (both courses are needed to meet the requirement), MATH-S 118 (3 cr.), MATH-M 301, MATH-M 370 (3 cr.), MATH-M 303 (3 cr.), MATH-M 360 (3 cr.), or MATH-S 303 (3 cr.).
    5 Approved substitutions for this course are MATH-M 213 (4 cr.) or COLL-J 113 (3 cr.).
    6 Excluding economics course work.
    7 Students may only count computer courses from other schools for their business degree if they have obtained prior approval from a Kelley School of Business academic advisor or the Petitions Committee.
    8 May be selected as a second major only.
    9 Students must receive approval from the Department of Business Law to count a course on law and public policy not listed here as the additional course.
    10 Computer science majors may substitute CSCI-C 211 for BUS-K 201.
    11 These courses must be taken on the Bloomington campus.
    12 School of Journalism majors must consult a journalism advisor for second major requirements.
    13 BUS-A 100 and A 201 or A 100 and A 202 may be substituted for A 200.
    14 No substitutions allowed. Grade of C or higher is required.

     


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