Undergraduate education in business is designed to impart a broad base of general knowledge within which students pursue additional knowledge about resource administration. The curricula seek to expand capacities, perspectives, and skills of students who wish direct preparation for careers in either business firms or the public service.
In addition to the business programs leading to the Bachelor of Science, a Management and Engineering for Manufacturing bachelor's degree program is offered jointly with the School of Engineering and is described at the end of the list of business majors in this section of the Catalog.
A minor in Business is described in the "Minors" section.
Regional Plan. In conformity with plans approved by the Board of Trustees of the six New England land grant universities for regionalization of certain fields of specialized education, four majors in the School of Business at the University of Connecticut are identified as regional programs. The Real Estate and Urban Economic Studies major is open to students from all the New England states; the Risk Management and Insurance major is open to students from all the New England states; the Health Care Management major is open to students from all the New England states except New Hampshire and Vermont; the Management and Engineering for Manufacturing major is open to students from all the New England states except Rhode Island and Vermont. To implement this policy, first priority in admission to the School is given to qualified applicants from those New England states which are members of the compact. Regional students will pay a reduced tuition. Consult the website http://www.nebhe.org for information.
Accreditation. The School of Business is fully accredited by the AACSB International - The Association to Advance Collegiate Schools of Business, a specialized accrediting body recognized by the Council on Post Secondary Accreditation and the U.S. Department of Education.
School of Business majors will have to present either three years intermediate level of one foreign language (high school) or two years of one foreign language (through intermediate level college) to satisfy the language requirement for the degree.
Students not currently attending or who have never attended the University as an undergraduate degree seeking student must file a separate University application with the Transfer Admissions Office, 2131 Hillside Road, Unit 3088, Storrs, CT 06269-3088. Students wishing to transfer directly into the School of Business should have made substantial progress toward completing the freshman-sophomore, 100 level requirements, particularly those courses which are prerequisites for the Common Body of Knowledge/Entry Level Business courses. Number of credits earned, grade point average in all courses taken, including any repeated courses, and space availability will be key considerations in the admissions decision.
Transfer applicants not accepted directly into the School of Business at the time of entry to the University may apply for admission through the School of Business admission procedures previously listed. A decision will be made on a space available basis after completion of one full semester at the University. Individuals who have already completed a bachelor's degree should contact the M.B.A. or M.S. in Accounting program to consider a graduate, rather than another undergraduate, degree.
All applicants to the School of Business will be considered carefully in order to select the best qualified candidates. If notified of admission before registration in the spring, students may register for fall semester classes in a business program. All admissions are contingent upon successful completion of any current course work for which applicants were registered at the time of application. Note: Students not in the School of Business are not eligible to take more than 27 credits of coursework offered by the School of Business.
Scholastic Standing Requirements. Students admitted to the School of Business must earn a 2.4 grade point average by the end of the semester in which they earn a minimum of 24 calculable credits of graded coursework at the University of Connecticut and a 2.55 by the end of the following fulltime equivalent semester to be guaranteed continuation in the School. Students must also earn a minimum of a 2.7 grade point average in all freshman-sophomore courses in order to be guaranteed continuation to the junior year in the School of Business. Normally the 2.7 grade point average review will take place at the end of a student's fourth semester/when a student has completed 60 credits. Students who have not maintained an average of 15 credits per semester may be reviewed after earning 54 credits, just prior to when they are eligible to take 200 level courses. Additionally, students must show substantial progress toward meeting the freshman-sophomore course requirements, especially those courses that are requisites for the 200 level business courses. All course grades, including those of repeated courses, are considered in the above grade point average calculations.
Students must maintain a minimum of 2.0 for their semester grade point average, a 2.0 for their cumulative grade point average, and a 2.0 grade point average in all credits in School of Business courses for which they have been registered, including all grades for repeated courses. Students who fail to maintain the minimum grade point average in any of these areas are subject to dismissal from the School of Business.
Bachelor's Degree Requirements. Upon recommendation of the faculty, the degree of Bachelor of Science is awarded by vote of the Board of Trustees to students who have met the following requirements: (1) Earned a total of 120 credits; (2) earned at least a 2.0 cumulative grade point average; (3) earned at least a 2.0 grade point average for all credits in School of Business courses for which they have been registered; including all grades for repeated courses; (4) earned at least 50 percent of the business credit hours required for the business degree while a student at the University of Connecticut; (5) earned at least 24 credits in 200-level courses in the School of Business at the University of Connecticut, with no more than three of these credits in independent study courses and no more than three of these credits in field internship courses, and no credits from UConn Study Abroad or National Student Exchange; (6) met all the requirements of the School of Business.
The degree in business requires a minimum of 120 degree credits of course work. At least 60 credits presented for the degree must be comprised of courses other than business, including general education course work: no more than 9 credits of economics and no more than 6 credits of statistics may be counted as part of these 60 credits. Students who wish to minor in economics or statistics may do so, but this may require coursework beyond 120 credits to satisfy the requirements of both the major and the minor.
Stamford Campus and Tri-campus Programs. Students at Stamford and at Tri-campus (Waterbury, Hartford and Torrington) can complete all of the requirements of the major in Business and Technology at those campuses. Students who wish to complete other majors may complete most of the Common Body of Knowledge courses before transferring to the Storrs campus.
Exemption and Substitution. Students who desire to be excused from course requirements, or to substitute other courses for those prescribed, should consult the undergraduate programs office. Such exemptions or substitutions must be approved by the dean of the school.
Transfer Credits. The transfer of credits for 200-level courses offered in the School of Business on the basis of work done at schools that do not offer the baccalaureate or schools not accredited by the AACSB International - The Association to Advance Collegiate Schools of Business, is permitted only by validation procedures established by academic departments within the School. Typical validation procedures may include successful completion (C or better) of additional prescribed course work at the University of Connecticut or the completion of a departmental examination. Students must receive departmental approval before beginning any validation procedures.
Grades of Pass/Fail or Audit. In the School of Business, students may not elect the Pass/Fail or Audit option for any course used to meet the general education distribution requirements, the course requirements for a major, or any course taken within any of the departments of the School.
Plan of Study. Major requirements are outlined in the plan of study current at the time of the student's entry or readmission into the School of Business, whichever is later.
The University has adopted General Education requirements in a variety
of curricula areas that must be satisfied as part of every bachelor's degree
program. These requirements are listed in the Academic Regulations
section of this Catalog.
II. School of Business Requirements
Business students must complete the following requirements in order to prepare for professional studies that will begin in the junior year. Students should note that many of these courses may also be used to fulfill University General Education requirements (indicated by *).
Note: Please refer to the Curricula in Management and Engineering listed later in this section.
Accounting
All students must have (1) passed the third year level course in high school in a single foreign language, ancient or modern, the requirement is met if the student has passed the third year level course or (2) two units/levels of a single foreign language in high school PLUS an added year of college courses at a more advanced level in a single foreign language, or (3) completion of two years (four semesters) through the college Intermediate Level.
Expository Writing
Business students must also meet the University General Education requirements of two "W" courses, Group 4 Literature and Arts, and Group 8 Laboratory Science. These requirements are not met by any of the Business requirements listed above.
A minimum of 60 credits used toward graduation requirements must be comprised of non-business courses, including general education course work. No more than 9 credits of economics and no more than 6 credits of statistics may be counted as part of these 60 credits.
Required Courses and Sample Sequence
Freshman Year First Semester
No School of Business students should enroll in any 200-level, business courses, with the exception of Accounting 200, until they have passed the freshman-sophomore, 100 level, requirements.
Common Body of Knowledge. The following Common Body of Knowledge courses are prescribed for all students in this school and should be completed in the junior year.
Mobile Computing Initiative
Students in the School of Business at the Storrs campus are required
to participate in the mobile computing initiative by leasing a notebook
computer from the University while they are taking 200-level courses in
the school (with the exception of ACCT 200, which is open to sophomores).
Students will be required to register for one of the Mobile Computing Lab
courses (BADM 291, 292, 295 or 296) each semester in order to register
for other courses within the School of Business. There will be a fee associated
with the notebook computer lease that will be assessed in each of four
semesters of the lease. For information about the current model of computer
being used and details of the lease fee, consult the website: http://www.business.uconn.edu/its
The undergraduate (four year) program consists of the Bachelor of Science (B.S.) degree in Business with a major in Accounting. The B.S. degree combines a general background in business with an appropriate number (currently seven 3-cr. plus one 1-cr., ACCT 205, Introduction to a Profession) of upper level accounting courses to prepare students for successful entry into an accounting career.
Accounting majors are required to achieve a 2.0 grade point average in all accounting courses taken at the University of Connecticut, excluding grades and credits for independent studies (ACCT 299's) and internship (ACCT 289's) as a requirement for graduation.
A student majoring in accounting must have taken at least two-thirds of the following 200-level accounting course credits at the University of Connecticut or an accounting program accredited by the American Assembly of Collegiate Schools of Business.
Professional Certification.
Students majoring in accounting may choose a curriculum that prepares them
for professional examinations which are part of the certification procedures
that lead to designation as a Certified Public Accountant (C.P.A.) or Certified
Management Accountant (C.M.A.). Students preparing for the C.P.A. examination
should also apply for the M.S. in Accounting Program. The M.S. in Accounting
is a 30-credit program designed to meet the 150-hour education requirement
for the CPA exam in Connecticut. Students preparing for the C.M.A. examination
should consult with their accounting advisor regarding the appropriate
elective courses to take.
Internships in Accounting. Many students who major in accounting participate in an internship. Currently, the Accounting Department has internships during both Spring semester and the summer. During the period of internship, the students are employed and supervised by firms and participate in various types of auditing or accounting work.
Participation in these programs occurs during the sixth or seventh semester or the summer between the student's junior and senior year. This experience contributes to the development and growth of the students who are chosen for the work.
The business and technology major is only open to students at the Stamford and Tri-campus (Waterbury, Hartford, and Torrington) locations. The objective of the major in business and technology is to provide a business degree with a special emphasis in the application of information technology. Functional area concentrations (three courses) are also possible in selected areas, based on the availability of courses.
Courses required in the major are:
OPIM 205 - Data Base Management
OPIM 206 - Business Application Programming
OPIM 207 - Internet Technologies and Electronic Commerce
Plus three 3 credit School of Business electives at the 200 level (courses in addition to the common body of knowledge and the capstone).
The Finance major prepares students for careers in the financial services industry and in the finance areas of companies. The major requirements permit students to tailor a curriculum to suit individual interests in finance, health care management, real estate, and risk management and insurance.
The objective of the baccalaureate program with a major in health care management is to provide a conceptual and a practical understanding of the health systems field. The Health Care Management Program is a Full Member of the Association of University Programs in Health Service Administration (AUPHA) and is the only undergraduate Health Care Management Program in New England to maintain both AACSB accreditation and AUPHA full membership. This academic program has been designated by the New England Board of Higher Education as a New England Regional Student Program. Qualified residents from other New England states may enroll in the Health Care Management Program at reduced tuition since the major is not offered at other state universities in the region.
Admission to the Health Care Management Program as a major is competitive on a space available basis.
Internships in Health Care Management. Students usually schedule
their Internship in HSMG 290 course (6 credits) during the summer following
the junior year of study. The internship component of the program provides
students with the opportunity to obtain clinical experience within a health
care facility. Students normally participate in conducting a health systems
management project in a health care organization either in Connecticut,
another state or another country depending on geographical preference.
While students are responsible for securing internship sites, the Center
for Health Care and Insurance Studies will provide considerable guidance
in site selection.
At the core of the Management major is coursework with an emphasis on leadership, entrepreneurial thinking and strategic vision, three of the most prized assets of any successful business leader. Management majors are prepared to understand the "big picture" rather than focus on highly specialized, often rapidly changing, areas of study. Such preparation is especially crucial for those who see themselves as entrepreneurs or who see themselves working in the world of international business. Both of these areas require an ability to think and act on one's own with a confidence that only comes from an ability to see and appreciate what most highly focused specialists cannot. All Management majors are required to take:
MGMT 225 (International Business)Entrepreneurship Concentration - requires at least nine credits from the following:
MGMT 291 (Small Business Consulting)
Beyond these two required courses, students must select from one of two concentrations:
MGMT 234 - Management of Small BusinessesInternational Business Concentration - requires at least nine credits from the following:
and six credits - 200 level from the following:
MGMT 235 - Entrepreneurship and Venture Management
MGMT 298 - Special Topics
Management or School of Business 200-level Elective
MGMT 245 - Managerial Behavior in Cross Cultural SettingsUp to six of these credits may be Management or School of Business Electives.
BLAW 280 - International Business Law
MKTG 270 - Global Marketing Strategy
MGMT 293 - Foreign Study - 6 credits maximum
FNCE 205 - Global Financial Management
FNCE 217 - Economics for Global Business Decisions
FNCE 293 - Foreign Study - 6 credits maximum
MKTG 293 -Foreign Study - 6 credits maximum
Management Information Systems
The objective of this major is to train students in the development and use of business information systems. Graduates will be strong in the traditional functional areas of business (accounting, marketing, finance, and management) and will have a solid understanding of the development of business information systems and information technology. In addition to OPIM 203 and OPIM 204, required courses are:
Internships in Management Information Systems. Many students
who major in Management Information Systems take part in an internship,
usually during the summer following their Junior year. During the internship,
the students work in various organizations and learn to develop information
systems that aid business processes and work with various technologies.
This experience provides them with real world knowledge of applications
of information systems in business settings, and contributes to their development
and growth in their chosen field. The credits from the internship may be
used to fulfill the Applications Area requirement.
The marketing major provides business students with the analytical tools for the following strategic decisions for the firm: which markets and customers to serve, with which products and services, and how it will compete. Students study the management of customers, distribution channels, products and brands, communications, and pricing and the use of information for marketing decisions. Students considering a Marketing major are strongly encouraged to take BLAW 275 to fulfill the junior - senior, 200 level BLAW requirement.
All Marketing majors are required to take:
General Marketing Concentration requires:
Real Estate and Urban Economic Studies
The objective of the baccalaureate program with a major in real estate and urban economic studies is to provide both a theoretical foundation and a practical understanding of the field as preparation for a career as a real estate professional. This nationally recognized academic program has been designated by the New England Board of Higher Education as a New England Regional Student Program. This allows qualified residents from other New England states to enroll in the real estate program at reduced tuition since the major is not offered at other state universities in the region.
Internships in Real Estate. Students interested in a career
in real estate may apply for a summer internship. During the period of
the internship the students are employed and supervised by real estate
firms and portfolio managers under the direction of staff of the Center
for Real Estate and Urban Economic Studies.
Participation in the intern program occurs during the summer between the student's junior and senior year. A written report based on their involvement provides the basis for earning course credit. The internship provides meaningful practical experience in the field of real estate and helps students clarify their career goals.
The objective of this major is to provide students with an understanding of risk management techniques used by individuals and businesses. The special role played by insurance in the areas of life and property-liability risk exposures and in the management of pension and other employee benefit plans is emphasized as preparation for a career as an insurance professional. The Risk Management and Insurance major has been designated by the New England Board of Higher Education as a New England Regional Student Program. Qualified residents from other New England states may enroll in this program at reduced tuition since the major is not offered at some state universities in the region.
The University has adopted General Education requirements in
a variety of curricula areas that must be satisfied as part of every bachelor's
degree program. These requirements are listed in the "Academic Regulations"section
of this Catalog.
II. School of Business Requirements
Business students must complete the following requirements in order to prepare for professional studies that will begin in the junior year. Students should note that many of these courses may also be used to fulfill University General Education requirements (indicated by *). School of Engineering requirements are indicated by**.
Management and Engineering for Manufacturing
(jointly offered by the School of Business and the School of Engineering)
Note: Requirements for all Management and Engineering for Manufacturing students, both through the School of Business and through the School of Engineering, are the same. Students must work very carefully with a Management and Engineering for Manufacturing advisor.
Expository Writing
Students are encouraged to seek faculty-supervised manufacturing summer
internships prior to their junior and senior years. Such internships may
be shown on the student records by registering for MEM 296 Manufacturing
Internship, with instructor and advisor approval.
Other Educational Opportunities
Field Study Internships. Internship experiences provide students an opportunity for supervised field work in areas of business and government. Regular internship programs are available on a limited basis in accounting, real estate, and management. Individual internships may be arranged in other departments and majors within the School of Business; these are subject to availability and departmental restrictions.
Insurance - Actuarial Science. Insurance majors who are interested in preparing for careers in actuarial science should consult the requirements under the Mathematics Department in the College of Liberal Arts and Sciences.
Study Abroad. Business students with interest in International Trade and Marketing with special reference to East-West Trade and International Affairs have available to them a special joint School of Business-Center for European Studies program. For detailed program description see the College of Liberal Arts and Sciences section.
Pre-Law Studies. Business students who plan to apply for admission to a school of law may arrange for pre-legal curricular counseling through the assistant dean, School of Business.
Cooperative Education Program. The School of Business participates in the Cooperative Education Program which develops pre-professional off-campus employment opportunities for University students.
Master of Business Administration Program
General management-oriented courses of study leading to the Master of Business Administration degree are offered as a full-time day program on the Storrs campus and as part-time evening programs in Hartford and Stamford. Details of the programs may be obtained from the M.B.A. Director, School of Business, 368 Fairfield Road, Unit 2041, University of Connecticut, Storrs, CT 06269-2041.
Master of Science in Accounting Program
The M.S. in Accounting is a 30-credit program. Five areas of specialization include: Financial Reporting and Assurance Services, Information Systems, Tax, Healthcare, and Financial Services. The M.S. Program is offered both on a full-time and a part-time basis. Details of the program may be obtained from the M.S. in Accounting Director, School of Business, 368 Fairfield Road, Unit 2041A, University of Connecticut, Storrs, CT 06269-2041.
Ph.D. Program in Business Administration
With areas of concentration in Accounting, Finance, Management and Marketing, the Ph.D. program in Business Administration aims to produce scholars able to make contributions to academic institutions as well as to government and business. Details of the program may be obtained from the Chairperson of the Ph.D. Admissions Committee, School of Business, 368 Fairfield Road., Unit 2041, University of Connecticut, Storrs, CT 06269-2041.
Center for International Business Programs
The Center for International Business Programs is a focal point for international research and outreach activities. The Center sponsors faculty travel and hosts visiting international scholars. It is a resource center for international business education. It is the focal point for facilitating academic-business partnerships on an international basis.
Center for Real Estate and Urban Economic Studies (CREUES)
The Center for Real Estate and Urban Economic Studies is especially concerned with research on real estate markets and valuation, urban growth and land use structure, and public and private administration of real estate resources. Research interests also include the administration of business firms in construction and development, real estate law, real estate financing, marketing, management, and valuation. The Center operates in conjunction with and supports the school's teaching program in real estate and urban economic studies.
Center for Health Care and Insurance Studies (CHCIS)
The Center for Health Care and Insurance Studies is concerned with education, research and service in the areas of health systems, planning, design and management. The Center administers the undergraduate program in Health Systems and the graduate program in Health Care Management. It also cooperates with other units of the University in offering interdisciplinary programs in health care education and research. Over the last ten years the Center has been primarily concerned with developing systems designed to improve the delivery of health care services.
CITI - Connecticut Information Technology Institute
CITI, a unit of the School of Business, provides the influential knowledge community needed to support IT focused academic degree programs and corporate IT development objectives. From enhancing office productivity to advanced development, from short course certification to academic degrees, the CITI knowledge community offers a variety of IT solutions, training, and education. CITI's special events, seminars and courses offer a range of dynamic education and training opportunities. Situated on UConn's campus in downtown Stamford, the location provides unique opportunities to learn and work in close proximity to some of the leading Fortune 500 corporate headquarters. More information can be found at http//:www.citi.uconn.edu. For more details, contact Jim Marsden (jimm@business.uconn.edu) or Paulo Goes (paulo@business.uconn.edu)
edgelab is the classroom; edgelab is the business world. Located in a 9000+ sq. ft. technologically-advanced setting, edgelab is a unique partnership with GE corporation that includes the co-location of upper level GE managers, UConn research faculty, and UConn students. Teams work on real-time, critical path problems selected based upon educational value and business value.
Institute for Development of Entrepreneurial Advantage
This Institute is dedicated to exploring various aspects of entrepreneurship. The Center has focused its activities in the areas of small businesses and family businesses. There is also a generalized program in entrepreneurship. Description of the three component parts of IDEA, the Family Business Program, the Small Business Institute, and the Thomas J. and Bette Wolff Family Program in Entrepreneurship follow.
This program was created as a result of a business community-University of Connecticut School of Business partnership to provide a resource for family businesses. The Center also is a focal point for research in the area of family business. There are a number of corporate sponsors for this program. Members from all businesses can participate in workshops and round table discussion on issues of interest to family businesses.
The Small Business Institute (SBI) at the University of Connecticut was created in 1985 by the Management Department in the School of Business. The Institute provides free, limited management consulting on all types of business problems for small business and start-up ventures throughout Connecticut. Since its inception, the SBI has served close to 1000 small businesses in over 150 towns and cities in the state. Consultants are primarily undergraduate Management majors enrolled in the Small Business consulting course.
Consultants are exposed to a wide variety of problems that give them the opportunity to reality test their classroom learning. Beyond the obvious benefit to small businesses in the state, this program has improved relations between the Business School and the entrepreneurial community; improved performance of the business served, and is an invaluable learning experience for the students. The Management major requires all students who pursue the entrepreneurship and new venture creation track to participate in at least one project.
Thomas J. and Bette Wolff Family Program in Entrepreneurship
The Wolff Family Program in Entrepreneurship presently supports
an endowed chair in strategic entrepreneurship which encourages cutting-edge
research. In addition, program sponsors the Management Department's
Annual Business Plan Competition, which awards $10, 000 in prize money
to budding student entrepreneurs. The support for this program is
due to the generosity of one of the School's most generous alums, Mr. Thomas
J. Wolff. The department is indeed proud to have such support.