2018-19 Catalogs

Business Overview

Associate Dean: Jane Kuenz
Coordinator of Career Services and Internships: Melissa Burns
Chair (Accounting and Finance): Donald Ladd
Chair (Business Administration: Business Analytics, Business Management, Marketing, and Sport Management): Matthew Dean
Professors: Manny, Smoluk, Voyer;
Associate Professors: Dean, Heiser, Kerr, Kohli, Parker, Sanders, Suleiman, Williams;
Assistant Professors: Belik, diBartolomeo, Hansen, Mansouri, Newell, Tharp, Takeda, Xu;
Lecturers: Bilodeau, Dunbar, Griffin,Ladd, Palin

Mission Statement

We prepare and inspire current and future leaders, and stimulate economic growth, by providing quality learning opportunities, valuable research, and professional service, all in partnership with the business community.

Programs

Bachelor of Science in Business Administration (BSBA) with majors in:

  • accounting
  • business analytics
  • finance
  • marketing
  • sport management*
  • business management with a track in:
    • entrepreneurship and small business management*
    • international business
    • risk management and insurance
    • sustainable business*
    • generalist (advanced study across multiple fields of business; available online)

*Note: required courses in the sport management major, the sustainable business track, and the entrepreneurship track may not be offered during the evening (5:30 p.m. or later).

The undergraduate program is designed to develop the student's abilities to assume the responsibilities of general and financial management, and to cope successfully with the changing problems of managers in the years ahead. Entering students begin by acquiring broad preparation in the arts and sciences as a foundation for the study of business. All students also complete the business core, which is a series of courses covering major functional areas common to business operations. Lastly, students acquire a deeper knowledge in their selected major.

Double majors are possible as long as no more than one course (3 credit hours) applied toward one major is applied toward the second major. Under no circumstances can more than one course (3 credit hours) be double-counted for two program options (e.g., major, minor, track, or concentration) within the School of Business with the exception that non-accounting majors may pursue a minor in accounting which has a 6 credit overlap with the Business Core. Students may also apply to the accelerated 4+1 undergraduate-graduate programs in Business Administration to compete both undergraduate and graduate degrees in about five years.

Undergraduate minors in (No student may pursue more than one minor offered by the School of Business.):

  • accounting
  • business administration (non majors only)
  • event management
  • finance
  • financial planning
  • marketing
  • pre-MBA
  • information management
  • innovation, creativity, and entrepreneurship
  • risk management and insurance
  • sport media
  • sport tourism

Certificate programs of undergraduate study in:

  • accounting
  • event management
  • finance
  • financial planning
  • risk management and insurance

Accelerated Undergraduate-Graduate Pathways in Business Administration:

  • Bachelor's degree and MBA
  • Engineering and MBA
  • Technology Management and MBA

Master of Science in Business Administration (MBA) with optional concentrations in:

  • accounting
  • business analytics
  • engineering
  • finance
  • health management and policy
  • sustainable business

The master of business administration program is designed for students who wish to advance their careers and contribute to their companies. Partnering with the business community, the program emphasizes the skills needed to inform and guide organizational change. Students in the program develop cross-functional business solutions to "real world" problems, and cultivate a broad critical perspective, interpersonal skills, and the analytical tools of management. The program also emphasizes an appreciation of the international and ethical contexts of professional practice. The master of business administration program allows students to pursue more than one optional concentration.  Each concentration consists of three MBA courses. Students are encouraged to apply to the program regardless of their undergraduate academic specialization.

Certificate of Graduate Study:

  • business analytics

Accreditation

The School of Business is accredited by AACSB International–The Association to Advance Collegiate Schools of Business. AACSB International assures quality and promotes excellence and continuous improvement in undergraduate and graduate education for business administration and accounting.

Undergraduate Course Enrollment Policies

Enrollment Restriction

No undergraduate student, unless accepted into a major in the School of Business, is allowed to take more than 30 credit hours in business courses under any circumstances. The undergraduate business program has the responsibility of monitoring the implementation of this requirement. No student may pursue more than one minor offered by the School of Business.

Students who are not majoring within the School, having fewer than 28 credit hours in business courses, may enroll in 300-level or higher courses provided they meet one of the following criteria:

  • They have declared a major that requires the course.
  • They have been admitted to a School of Business minor.
  • They are admitted to a School of Business certificate program.
  • The course fulfills a requirement for the USM general education.
  • They have approval from the Dean.

Any School of Business major or minor who has enrolled in an ACC, FIN, BUS, or RMI course more than twice must, before continuing in that course, complete and have approved by the Department chair, a course condition form (available from the School of Business office). Failure to do so may result in course credit disqualification. A Federal Financial Aid policy states that if a student passes a course - according to the catalog-definition of "pass" as "D-" or higher - they can use financial aid to pay for ONE repeat of that course. Subsequent repetitions are ineligible for financial aid, and would then need to be paid by other means. Please see the USM Financial Aid website for more information.

Internship Program

School of Business majors are encouraged to participate in an internship to experience on-the-job learning. Employment in a professional setting provides opportunities to apply classroom learning, develop work-related skills, and explore careers. Credit may be received for paid or non-paid positions with new employers, or for new responsibilities with current employers. Credit is not granted for past work experience. Students obtain internship positions by contacting the School of Business internship coordinator or by contacting employers to develop positions. Students are also welcome to discuss internship availability with faculty members and chairs. An intern must be advised by a faculty sponsor during the internship. Under the supervision of a faculty sponsor, the student must prepare a written learning contract that contains a job description, the student's learning goals, self-directed learning activities, and an evaluation process. Please see the website for the minimum hours required for each internship. Grading is pass/fail, except 397, which is graded. Refer to the course descriptions for ACC 295, 395-396, 695, BUS 295, 391-397, FIN 295, 395-396, RMI 295, 395-396 and MBA 695 for prerequisites and restrictions. Undergraduate majors are limited to a maximum of nine internship credit hours. Undergraduate minors are limited to a maximum of three internship credit hours. For further information, contact the School of Business Internship Office at (207) 780-4020.