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USA Undergraduate/Graduate Bulletin 2004-2005

 

MITCHELL COLLEGE OF BUSINESS
 

Dean: Carl C. Moore (251) 460-6419
Associate Dean and Director of Graduate Studies: Robert A. Shearer
       (251) 460-6418

 
Mitchell College of Business web site
http://www.southalabama.edu/mcob
 
DEPARTMENTS OF INSTRUCTION
  Department of Accounting
  Department of Economics and Finance
  Department of Management
  Department of Marketing and E-Commerce
 
The Mitchell College of Business offers the degrees of Bachelor of Science, Master of Accounting and Master of Business Administration.
The foundation of the College is quality instruction in all undergraduate and graduate programs. Our instructional mission is to prepare our graduate and undergraduate students for professional careers in the fields of accounting, economics, finance, management, marketing, and transportation through a curriculum designed for both broad exposure to each field and in-depth coverage within a specific field of choice.
 
MISSION, GOALS AND OBJECTIVES
To provide an internationally accredited business education program to qualified undergraduate and graduate students, to support the economic development of the region and contribute to the continuing success of the University. We accomplish this mission through quality instruction, faculty scholarship, and external services.
 
PRIORITIES
I. Instruction
The highest responsibility of the College is the instruction of its students and primary emphasis is placed on excellent teaching. In so doing, the College affirms its commitment to the University focus on excellence, lifelong learning and the education of the whole person. The College fulfills its instructional mission through the B.S. degree program for undergraduates and the M.B.A. and Master of Accounting programs at the graduate level.
 
II. Intellectual Contributions
The College encourages and supports faculty basic and applied scholarship as well as instructional development for the purposes of expanding knowledge, enhancing classroom instruction, and contributing to regional economic development. Scholarship is broadly defined to include investigative efforts that lead to the origination, the integration, or the application of knowledge pertinent to the various field of business. A program of continuing scholarship is the responsibility of each faculty member. The College is responsible for using its resources, including faculty recruiting, to encourage, support, and reward faculty scholarship.
 
III. Service
The College’s service mission is to engage in activities which support and contribute to the development of the University, community and region, and to provide a vehicle for the continuing development of faculty and staff through interaction with the College’s numerous constituents. This mission is accomplished through participation in the College’s external program, and through the efforts of individual faculty and staff.
 
BUSINESS RESOURCES CENTER
The Business Resources Center directs the professional and management development programs of the College. These include a variety of business seminars and programs for professional organizations, industrial firms, and the business community.
 
CENTER FOR BUSINESS AND ECONOMIC RESEARCH
The Center for Business and Economic Research (CBER) publishes a monthly newsletter showing trends in local business and visitor activities; maintains a community database; publishes faculty working papers; and undertakes applied business and economic research in cooperation with the state and local agencies.
 
SMALL BUSINESS DEVELOPMENT CENTER
The University of South Alabama Small Business Development Center is one of eleven Small Business Development Centers located in universities around the State. Funded jointly by the Small Business Administration and the University, the Center offers business services to business people in a six-county area of southwest Alabama. The SBDC provides free one-on-one counseling, and conducts workshops that address the problems of the business community.
 
CAREER SERVICES CENTER
The University Career Services Center acts as a liaison between employers and students. Business and professional firms of national significance visit the campus regularly to interview prospective graduates. The Center maintains an office in the Mitchell College of Business to assist students.
 
SCHOLARSHIPS
The Mitchell College of Business offers prestigious scholarships to entering freshmen students from Alabama who are majoring in the Mitchell College of Business. Contact the Office of Enrollment Services, (251) 460-6494, for application procedures, deadline dates and more information about the Abraham Mitchell Business Scholarships. In addition, scholarships for eligible students in the Mitchell College of Business are made available by local and regional firms in Accounting, Management, Marketing, Real Estate, Transportation, and Data Processing. (Refer to Financial Aid section of this Bulletin for details.)
 
COOPERATIVE EDUCATION PROGRAM
The Cooperative Education Program is available to students in the Mitchell College of Business. This program offers qualifying students opportunities to work part-time while attending school as a full-time student or alternate full-time employment with course work on a rotating semester basis. For details write the Director, Career Services Center, 6420 Old Shell Rd., University of South Alabama, Mobile, Alabama 36688-0002.
 
ADMISSION TO THE MITCHELL COLLEGE OF BUSINESS
Students may transfer from other colleges in the University to the Mitchell College of Business. Degree requirements are defined by the University Bulletin in effect for the semester of entry into the College.
A student’s counseling file must be available for evaluation of courses required for a degree in Business.
 
TRANSFER STUDENTS
The Office of Student Services of the Mitchell College of Business evaluates for credit all courses transferred from other colleges and universities. Degree credit will be given only for those courses which meet the requirements for the degree program of the College.
Students transferring from a junior college may have a maximum of 64 semester hours accepted toward the degree program. No junior- or senior-level courses listed in the curriculum of the Mitchell College of Business will be accepted from a junior college for degree credit.
 
TRANSIENT COURSE CREDIT
Students enrolled in the Mitchell College of Business must receive prior approval from the Dean’s Office before taking 300 and 400 level business courses at another institution. If the course is a concentration requirement, approval of the appropriate Department Chair is also required. Transient course approval may be granted based on one of the following conditions.
1. Students who are not residents of the area and who leave USA to return home for one or more semesters.
2. Students who move to another area prior to completing all degree requirements but who have met the residency requirements for the Mitchell College of Business.
3. Students who are scheduled to graduate and the course is not offered at USA during the final term.
Failure to obtain prior approval may result in loss of transfer credit for the course work. Transient Course Approval forms may be obtained in the Office of Student Services.
 
STUDENTS RESPONSIBILITY AND ADVISING
Each student is responsible for meeting all requirements of the degree program. Before registering for any course, students must complete any prerequisites listed in course descriptions in this Bulletin. The Office of Student Services is available to all students for the evaluation of their degree-program record. When an exception is made in a student’s program, written approval of the exception by the Associate Dean must be placed in the student’s file. Failure to properly document exceptions may delay graduation.
Each student enrolled in the Mitchell College of Business must complete or be in the process of completing the following Basic Business Techniques Core before enrolling in any course of the 300 or 400 series.
ACC 211, ACC 212 CIS 250 CA 110
BUS 245, BUS 255 MA 120  
ECO 215, ECO 216 EH 101, EH 102
All students enrolled in the College will list their major area as Business Administration until they have completed the Basic Business Techniques Core listed above with a 2.0 average in the area. Upon entering the 300 series each student must declare a major concentration area selected from the fields of Accounting, Economics, Finance, Management, Marketing, or General Business. After declaring a major concentration area, students will be advised by a faculty advisor from that area.
Students attending other colleges, including junior colleges, who are planning to enter the Mitchell College of Business must take at least fifty percent of the required business credit hours and at least fifty percent of all concentration hours at the University of South Alabama.
 
REQUIREMENTS FOR SECOND MAJOR IN BUSINESS
Undergraduate students enrolled in the Mitchell College of Business who plan to add a second major to their curriculum must meet all requirements for the second major. Courses included in the business core requirements and the first major cannot be counted toward the second major requirements. A minimum of 15 semester hours in the second major must be taken in addition to degree requirements.
 
DUAL MAJOR ACROSS COLLEGES
Students not enrolled in the Mitchell College of Business and interested in a dual major in business must meet with an adviser in the Office of Student Services for information.
 
GENERAL BUSINESS MINOR
Students in other colleges may elect, with the approval of their department chair, a minor in the Mitchell College of Business. Students are required to take the following eight courses:
ACC 211 BUS  245 or ST 210
ACC 212 MGT 300
ECO 215 MGT 310
FIN  305 or FIN 315 MKT 320
 
REQUIREMENTS FOR A MINOR IN ECONOMICS FOR STUDENTS ENROLLED IN THE College of Arts and SCIENCES OR THE SCHOOL OF COMPUTER AND INFORMATION SCIENCES
The courses designated for the minor will meet the needs of students who desire a knowledge of economics to support major study in another field.
A minimum of 21 semester hours in Economics including:
ECO 215 ECO 216
ECO 315 ECO 316
Plus nine semester hours of other upper-level courses numbered 301 or above.
 
REQUIREMENTS FOR THE BACHELOR OF SCIENCE DEGREE
All students enrolled in the Mitchell College of Business are required to take specified Business courses and courses in other Colleges of the University. Additionally, a major field of study must be selected in either Accounting, Economics, Finance, Management, Marketing or E-Commerce. Students who attend evening classes only may select a concentration in either General Business or Accounting. Other concentration areas are not available in the evening. The concentration in General Business is available only to evening students.
A minimum of 128 semester hours with an overall grade-point average of 2.0 is required for graduation. In addition, an overall 2.0 grade-point average is required for all courses counted in the business core and a 2.0 grade-point average is required for all courses counted in the concentration.
Students transferring to the University of South Alabama and enrolling in the Mitchell College of Business must take at least fifty percent of all business credit hours and at least fifty percent of all concentration hours at the University of South Alabama.
All students must petition for graduation according to University requirements explained elsewhere in this Bulletin.
Requirements for a degree in the Mitchell College of Business are detailed below. The sequence, as outlined, is intended as an example schedule only. Freshman and sophomore students may take lower division courses in any combination which meets prerequisite requirements. Each student must comply with Course Prerequisite Requirements as listed in the course description sections of the current University Bulletin.
 
BUSINESS UNDERGRADUATE CURRICULUM
I. General Education Requirements
EH 101, EH 102 English Composition I & II 6
MA 112 Precalculus Algebra 3
Humanities and Fine Arts  
     Literature (EH 215-EH 216, EH 225-EH 226, or EH 235-EH 236) 6
     Fine Arts 3
CA 110  Public Speaking 3
Social Sciences  
     History (HY 101, HY 102, HY 135 or HY 136) 3
     ECO 215  Prin of Microeconomics 3
     ECO 216  Prin of Macroeconomics 3
     PSY 120  General Psychology 3
Natural Science with lab 8

(Select from BLY 101 or BLY 121, BLY 102
or BLY 122, CH 101, CH 103, CH 131, CH 132, CH 141,
GEO 101, 102, GY 111, GY 112,
PH 101, PH 104, PH 114 or PH 201, PH 115 or PH 202)

 
Non-Business Elective 9

Total

50 hours
 
II. Lower Division Requirements Related to Business
ACC 211 3
ACC 212 3
BUS 245 3
BUS 255 3
CIS 250 3
MA 120 3
Total 18 Hours
 
III. Business Core
BUS 305 3
FIN 315 3
MGT 300 3
MGT 310 3
MGT 305 3
MKT 320 3
MGT 325 3
MGT 485 3
International Core 6
Select two courses from the following:
  ECO 330 FIN 332
  MGT 334 MKT 336
Note: Any course counted for the international core may not be counted in the major.
Total
30 hours
 
IV. Business Major
Required and Electives 24 hours
 
V. Business Electives
Upper Division Electives      6 hours
Total MCOB Curriculum
128 hours
 
GENERAL BUSINESS
(For Evening Program Students Only)
The concentration in general business is designed for students planning careers in small business management, institutional management, human resource management, or sales. Areas of concentration are pursued in the junior and senior years.
Choose eight courses from the following:
ACC 331 ECO 315 ECO 316 ECO 340
FIN 300 FIN 343 FIN 345 FIN 346
FIN 350 FIN 420 FIN 421 MGT 311
MGT 351 MGT 455 MGT 456 MKT 375
MKT 377 MKT 379    
 
REPEAT COURSE POLICY
If a course in the Mitchell College of Business is completed with a grade of C or better, the course cannot be repeated for credit. Any grade received will not be counted in the calculation of the Grade Point Average (GPA).
 
THE MASTER OF BUSINESS ADMINISTRATION DEGREE PROGRAM (MBA)
The Master of Business Administration degree program is designed to enable individuals to study advanced concepts of business, industry, and government operations. This program is intended for both the active manager or technical supervisor as well as the recent graduate who is interested in advanced study in the field of business. The program includes accounting, finance, quantitative methods, marketing, economics, human behavior, and labor-management relations.
The program requires a minimum of ten (10) courses, each carrying three (3) semester hours credit. The normal load is two courses per semester. Students are expected to make appropriate arrangements with their employers to meet classes on time, avoid absences due to out-of-town travel, and provide sufficient time to complete library and other assignments as required.
The graduate program offered in Business Administration is fully accredited by the Association for the Advancement of Collegiate Schools of Business.
 
THE MASTER OF ACCOUNTING DEGREE PROGRAM (MAcc)
Students may earn a Master of Accounting degree in the Mitchell College of Business. The admissions requirements, academic regulations, and general degree requirements are the same as those required for the MBA Degree
 
ADMISSION REQUIREMENTS FOR MBA AND MAcc
Students are admitted each semester. The Regular Admission requirements are:
1. a bachelor’s degree,
2. a minimal grade-point average of 3.0 on all undergraduate work (A=4.0), and
3. a satisfactory score on the GMAT (Graduate Management Admissions Test) based on the formula: 200 x GPA + GMAT = 1050
A student who has a bachelor’s degree with less than 3.0 but greater than a 2.5 (A=4.0) or a minimum grade-point average of 2.75 on the last 64 semester hours of college work may attain Provisional Admission provided the student has a satisfactory GMAT score based on one of the following formulas:
200 x GPA + GMAT = 1050 or
200 x UDGPA (last 64 hours) + GMAT = 1100
In addition all applicants must achieve a GMAT Analytical Writing score of 3.0 or higher.
The GMAT must have been taken in the last five years.
International students must submit documentary evidence showing TOEFL test scores of 525 or above or its equivalent.
The non-degree category is reserved exclusively for students with an MBA Degree Students in this category must obtain permission of the Director of Graduate Studies before registering for any graduate courses in the Mitchell College of Business.
 
REQUIREMENTS FOR REGULAR STANDING
A Provisional Admission student will qualify for Regular Standing upon completion of a minimum of nine semester hours taken for graduate credit (500 level) toward degree requirements provided at least a “B” average is maintained in all such work attempted.
In addition, at least a “B” average is required for all work taken as a graduate student, including undergraduate and graduate level foundation courses. If the student has not met these requirements upon completing twelve semester hours of graduate credit (500 level) for degree requirements, the student will be dismissed from the MBA program.
 
ACADEMIC REGULATIONS
The following regulations apply to all graduate students and encompass all work taken as a graduate student including all graduate degree courses (core, elective, concentration, business and accounting).
1. Students must earn a “B” average overall. In addition a “B” average must be earned in the graduate degree courses.
2. Students who receive six (6) semester hours of “F” will be academically dismissed.
3. Students who receive any combination of nine (9) semester hours of grades of “C” or less will be academically dismissed.
Courses taken outside the Mitchell College of Business which are not an approved part of the degree program will not be included in the computation of the grade-point average.
No more than one (1) course (three (3) semester hours) from academic programs outside the Mitchell College of Business may be counted in the degree program. All such courses must be approved by the Director of Graduate Studies.
 
TRANSFER CREDIT
A maximum of nine (9) semester hours of graduate credit earned in another institution may be considered for credit toward degree requirements in the graduate program. Transfer credit is approved only after completion of a minimum of nine (9) semester hours of graduate credit (500 level) toward degree requirements at the University of South Alabama and the student has qualified for Regular Standing. Only grades of “A” or “B” may be accepted as transfer credit. Transfer credits are not used in the calculation for the grade-point average. Students transferring from other University of South Alabama graduate programs must complete a minimum of nine courses (27 semester hours) after formal admission into the Mitchell College of Business graduate programs.
 
FAILURE OF A COURSE
Should a student fail more than one course, he or she will be dismissed. In no case will a student be permitted to repeat a course more than one time.
 
TIME LIMITATION
All requirements for a graduate degree must be completed within five (5) calendar years from the date of matriculation as a graduate student.
 
GRADUATE ASSISTANTSHIPS
Graduate Assistantships are awarded on an annual basis and are granted for the academic year. The stipend for the two semesters is $4,000 and waiver of up to nine hours tuition. Out-of-state fees, if applicable, are also waived. Fees are paid by the student.
Application forms can be secured from the Director of Graduate Studies, Mitchell College of Business.
 
REQUIREMENT FOR DEGREES
MBA students must satisfactorily complete Ten (10) three semester-hour graduate courses, including nine (9) Core courses and one (1) Elective course. Students seeking the Master of Accounting degree must complete ten (10) business courses including not less than five (5) advanced level accounting courses.
A maximum of one-course (3 semester hours) from programs outside the Mitchell College of Business may be used to satisfy the MBA Degree requirements. The course must be approved by the Director of Graduate Studies.
 
MASTER OF BUSINESS ADMINISTRATION CURRICULUM
Undergraduate Foundation Courses
All courses must be completed as an undergraduate student or transferred into the university before admission will be granted to the MBA program. Courses must have been passed with a minimum grade of "C" to complete a prerequisite requirement.
  ACC
ECO
MGT
CIS
FIN
MGT
MGT
MGT
MKT
497
497
497
250
315
300
310
325
320
(or ACC 211 and ACC 212)
(or ECO 215 and ECO 216)
(or BUS 245 and BUS 255)
       
Core Courses (27 hours)
  ACC
ECO
FIN
MGT
ISC
MGT
MKT
MKT
MGT
MGT
520
518
501
502
545
540
520
524
515
599








(prerequisite - all core courses completed)
MBA Comprehensive Exam (corequisite with MGT 515. No hours)
       
Elective Courses (3 Hours)
One (1) course must be selected from the following set of elective courses.
Prerequisites
  ECO
ECO
FIN
FIN
MGT
MGT
MKT
520
532
520
532
520
525
525


FIN
FIN
MGT

MKT


501
501
502

524
       
THE MASTER OF ACCOUNTING DEGREE PROGRAM
Students may earn a Master of Accounting degree in the Mitchell College of Business. The admissions requirements, academic regulations, and general degree requirements are the same as those required for the MBA Degree In addition, students earning the MAcc Degree must earn a “B” average in all accounting courses.
Students seeking the Master of Accounting degree are required to complete any of the following foundation courses as designated by the Director of Graduate Studies. In addition, students must complete a minimum of four (4) graduate business courses and four (4) graduate accounting courses and two (2) elective courses.
 
Undergraduate Foundation Courses
All courses must be taken as an undergraduate student or transferred into the university before admission will be granted to the MAcc program. Courses must have been passed with a minimum grade of "C" to complete a prerequisite requirement.
      Prerequisites
  ACC
ECO
MGT
CIS
ACC
ACC
ACC
ACC
ACC
ACC
FIN
MGT
MGT
MKT
497
497
497
250
331
341
371
372
381
451
315
300
310
320
(or ACC 211 and ACC 212)
(or ECO 215 and ECO 216)
(or BUS 245 and BUS 255)














ACC  497
ACC  497
ACC  497
ACC  371
ACC  497
ACC  372
ACC  497


ACC  497, ECO  497
       
MAcc CORE (24 Hours Required)
 

ECO
FIN
MGT
MGT
MGT
ACC
ACC
ACC
ACC

518
501
540
515
599
511
521
531
541



(prerequisite - all core courses completed)
MBA Comprehensive Exam (corequisite with MGT 515. No hours)
       
Elective Courses (6 Hours)
Select two elective courses from:
  ACC 416    
  ACC 432    
  ACC 434    
  ACC 452    
  ACC 461    
  ACC 490    
  ACC 571    
  ACC 590    
  ACC 594    
 
Note: ACC 452 and 461 are required for CPA eligibility.
 
CPA Eligibility
Persons seeking qualification to sit for the uniform CPA examination in the state of Alabama must have completed a minimum of 150 semester hours or 225 quarter hours of postsecondary education, including (1) a baccalaureate degree from an accredited university, and (2) evidence that he or she has satisfied either one of the following:
a. At least 33 semester hours or equivalent quarter hours (excluding principles of accounting courses) at the upper division undergraduate and/or graduate level, including minimum requirements in each of the following areas: financial accounting - 9 hours; auditing - 6 hours; taxation - 6 hours; management accounting - 3 hours; governmental and not-for-profit accounting - 3 hours; additional accounting - 6 hours and at least 30 semester hours or equivalent quarter hours in business courses (other than accounting courses) at the undergraduate and/or graduate level, including at least 3 semester hours in business law, concentrating primarily on the Uniform Commercial Code.
b. Awarded a graduate degree in accounting or business and completed a course of instruction that includes all of the requirements specified in (a) above.
If you need any further information, see the Chair of the Department of Accounting.
 
 

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