2019-20 Catalogs

Business Overview

Associate Dean: Jane Kuenz
Coordinator of Internships and Field Placements: Kathryn Cavallero
Chair (Accounting, Finance, and Risk Management & Insurance): Donald Ladd
Chair (Business Administration: Business Analytics, Business Management, Marketing, and Sport Management): Robert Heiser
Professors: Arend, Manny, Smoluk
Associate Professors: Heiser, Kerr, Kohli, Parker, Suleiman, Williams
Assistant Professors: diBartolomeo, Hansen, Kumthekar, Li, Mansouri, Newell, Tharp, Takeda, Xu
Lecturers: Bilodeau, Dunbar, Griffin,Ladd, Palin

Mission Statement 

Preparing lifelong, entrepreneurial thinkers fluent in business technologies.

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.

Graduate Enrollment Policies

Transient Students

Students must send a written request to enroll in a course, including the rationale for taking the particular course. Students must submit transcripts from:

  • all undergraduate institutions attended and the graduate program in which she or he is enrolled
  • have necessary prerequisites for the desired course,
  • submit a GMAT score. (This requirement is waived for students in good standing enrolled in programs at AACSB accredited schools. Students whose programs use GRE, LSAT, MCAT, or MAT (Miller Analogies Test) scores may submit those. Note: MAT scores are acceptable only for special students or non-matriculated student purposes, and may never be used as a substitute for the GMAT in the regular admission process.)
  • submit a letter of "good standing" from the head of the student's home program (letter should also state the course will count toward the student's degree), and
  • submit a signed Enrollment Request form.

Pursuant to USM policy, special students, like regular students, are expected to provide the program with a score from a standardized test. Students from programs that do not require any standardized test may be allowed to enroll, subject to very close scrutiny by the director. However, this will be done only in exceptional circumstances. Students in this situation may be asked to take the GMAT prior to being allowed to enroll, or may submit valid scores from other standardized tests they may have taken.

The program office will compute a formula score as in the case of regular applicants. Students following these procedures whose formula scores are 950 or higher, who have a "B" average in their home programs, and who show no evidence of past conduct that is incompatible with the educational environment at USM will be allowed by the director to enroll in courses, subject to permission of the instructor.

Non-matriculated Students

All students wishing to enroll in M.B.A. courses on a non-matriculated basis must follow the application process described for full admission, including submission of a GMAT or other standardized test score. However, consistent with that process, people who hold terminal degrees will not have to submit a standardized test score. (Note that the LL.B. from outside the United States is not an acceptable terminal degree, a condition which may also exist for other non-U.S. degrees.) Holders of terminal degrees normally will be allowed to enroll in M.B.A. courses with few restrictions, subject to permission of the instructor and having taken the appropriate prerequisites. Decisions on this type of study may be made by the director, alone or in consultation with the Admissions Committee.

Others seeking to enroll in M.B.A. courses will not normally be allowed to do so. Exceptions may be made if these prospective enrollees provide evidence of exceptional:

  • performance in outside activities,
  • creativity and leadership, or
  • accomplishment in business.

Decisions will be made by vote of the Admissions Committee. All students in this group must sumbit a signed Enrollment Request form.

Other USM and University of Maine Graduate Students

Students matriculated in other graduate programs at the University of Southern Maine or the University of Maine may enroll in School of Business graduate-level courses on a space-available basis providing that appropriate course prerequisites or other equivalents as approved by the director, have been satisfied. All students in this group must submit a signed Enrollment Request form. This privilege does not extend to graduate students conditionally admitted to other programs.

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.