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University at Albany Undergraduate Bulletin - 2003-2004

School of Business


Dean
Richard A. Highfield, Ph.D.
University of Chicago

Associate Dean
Giri Kumar Tayi

Assistant Dean
Albina Y. Grignon

Assistant Dean
Linda M. Krzykowski

Assistant Dean
John S. Levato

Assistant to the Dean
Melissa Johnson

Assistant to the Dean
Susan Maloney

Assistant to the Dean
Ellie Moore


Faculty

Distinguished Professor Emeritae/i

William K. Holstein, Ph.D.
Purdue University


Professors Emeritae/i

Donald D. Bourque, Ph.D.
University of Washington

Hugh T. Farley, J.D.
American University

Ronald W. Forbes, Ph.D.
State University of New York at Buffalo

Richard Hughes, Ph.D.
Purdue University


Professors

Michael J. Kavanagh, Ph.D.
Iowa State University

Paul A. Leonard, Ph.D. (Collins Fellows)
University of Oregon

Giri Kumar Tayi, Ph.D.
Carnegie Mellon University

Charles M. Schaninger, Ph.D.
University of Rochester

Hany A. Shawky, Ph.D.
Ohio State University

Thomas D. Taber, Ph.D.
University of Illinois

Gary A. Yukl, Ph.D.
University of California


Associate Professors Emeritae/I

Donald D. Ballou, Ph.D.
University of Michigan

Harold L. Pazer, M.B.A.
University of Washington

John P. Seagle, Ph.D.
Stanford University


Associate Professors

Salvatore Belardo, Ph.D.
Rensselaer Polytechnic Institute

Rita Biswas, Ph.D.
Texas A. & M.

W. Christian Buss, Ph.D.
University of Pennsylvania

Jakov J. Crnkovic, Ph.D.
University of Belgrade, Yugoslavia

William D. Danko, Ph.D.
Rensselaer Polytechnic Institute

Peter Duchessi, Ph.D.
Union College

Saurav K. Dutta, Ph.D.
University of Kansas

Cecilia Falbe, Ph.D.
Columbia University

Jagdish Gangolly, Ph.D.
University of Pittsburgh

Hal G. Gueutal, Ph.D.
Purdue University

Raef A. Lawson, Ph.D.
New York University

David J. Marcinko, Ph.D.
Boston College

Nicholas Mastracchio, Jr., Ph.D.
Union College

Paul Miesing, Ph.D.
University of Colorado

Lakshmi Mohan, Ph.D.
Columbia University

Paul H. Schurr, Ph.D.
Northwestern University

Indushoba Chengalur-Smith, Ph.D.
Virginia Tech

David M. Smith, Ph.D.
Virginia Tech

Scott I. Tannenbaum, Ph.D.
Old Dominion University


Assistant Professors

Deborah Archambeault, M.S.
University at Albany

Wendy S. Becker, Ph.D.
Pennsylvania State University

Christophe Faugere, Ph.D.
University of Rochester

Ingrid Fisher, Ph.D.
University at Albany

Sanjay Goel, Ph.D.
Rensselaer Polytechnic Institute

Janet H. Marler, Ph.D.
Cornell University

Eliot H. Rich, M.P.P.
Harvard University

Kinsun Tam, Ph.D.
University of Connecticut

Sang-Gyung Jun, Ph.D.
University at Buffalo


Visiting Assistant Professors

Martin L. Fogelman, Ph.D.
University at Albany

Lester Hadsell, Ph.D.
Rensselaer Polytechnic Institute


Lecturers

Thomas Collura, J.D.
Albany Law School of Union University

Valentin A. DeMarco, Jr., M.B.A.
University at Albany

Laurie Jackson, M.B.A.
University at Albany

Jane Reich, M.B.A.
Boston University

Peter J. Ross, M.B.A.
University at Albany

Adjuncts (estimated): 15
Teaching Doctoral Assistants (estimated): 5-6


The School of Business offers degree programs at the undergraduate and graduate levels that prepare students to enter managerial and professional careers. All programs are accredited by the American Assembly of Collegiate Schools of Business.

All School of Business courses are preceded by the prefix letter B. The following School of Business courses are considered "Liberal Arts and Sciences" courses by the University: B Bus 250, B Law 200, B Law 220, B Mgt 341, B Mgt 343, B Mgt 465, B Mgt 481, B Mkt 351, B Msi 215, B Msi 220.

No more than six credits from these courses may be counted as "Liberal Arts and Sciences" courses by students majoring in business administration or accounting.

At the undergraduate level, the school offers Bachelor of Science (B.S.) degrees in accounting and in business administration. The B.S. degree is granted only to students who have been formally admitted to the School of Business prior to taking their upper division courses in business.

At the graduate level, the school offers a Master of Business Administration (M.B.A.), a Master of Science in Accounting (M.S.), and a Master of Science in Taxation (M.S.). The M.B.A. is a two-year program open primarily to non-business undergraduates. A combined B.S.-M.B.A. program (five years) is available to business students (Preprofessional Program). In addition, the School offers a Ph.D. in Organizational Studies and participates in the Information Sciences Ph.D. Both programs are offered in cooperation with other academic units. Information on these graduate programs in the School of Business is available in theGraduate Bulletin.

The School of Business at Albany has developed a national reputation for the quality of its undergraduate programs. The school is unable to accommodate all undergraduate students who wish to enroll as upper-division majors.


Application and Admission

The following guidelines have been developed as a means of selecting the best-qualified students to study accounting or business administration.

Initial Admission of Freshmen to the School of Business: All students admitted to the University for summer 1995 or thereafter whose basis of admission is "FRESHMAN" can be admitted to the School of Business by declaring their major as "School of Business." To do so, they must sign a School of Business major declaration form and submit this to their Advisement Services Center/Undergraduate Studies (ASC/US) or Educational Opportunities Program (EOP) academic adviser.

Most students who declare a major in the School of Business do so during their initial meeting with their academic adviser at orientation. However, students who fill out the form by December 15th of a fall semester or May 1st of a spring semester will also be considered during the next review for admission to junior standing in the School of Business.

To remain a School of Business major during the freshman and sophomore years, each student must meet the retention standards set by the School of Business. These standards require students to maintain a B (3.00) overall average at the University at Albany and at least a B- (2.70) average for the designated admission core course categories taken at Albany.

To remain a School of Business major, students must also have satisfactorily completed any five of the seven admission core course categories after three semesters at the University, and all seven (7) of the admission core course categories after four (4) semesters at the University.(Note: all core course categories not completed prior to matriculation must be taken at the University and graded on an A-E basis.) These categories are: (1) B Acc 211, (2) B Msi 215 or A Csi 101N or A Csi 201N, (3) A Mat 108 or B Msi 220 or A Eco 320; (4) A Eco 110M, (5) A Eco 111M, (6) A Psy 101M, and (7) A Soc 115G or 115M or A Ant 108G or 108M. In addition, students must have completed a total of at least 56 degree applicable credits after four semesters at the University to remain a School of Business major.

Students' records will be evaluated after their second semester, and those falling below the retention standards will receive a warning letter indicating they are in jeopardy of losing their status as a School of Business major. Students' records will again be evaluated after their third and fourth semester to determine that all of the above retention standards have been met.

Students in the School of Business who have attained junior standing (i.e., 56 degree applicable credits) and who have met all the retention standards shall be eligible to enroll in the upper division School of Business courses.


Initial Admission of Transfers with Sophomore Standing or Above to the School of Business:

All students admitted to the University for summer 1995 or thereafter whose basis of admission is "TRANSFER" can be admitted to the School of Business by declaring their major as either Accounting or Business Administration at the time of their application to the University as long as they will have met the following criteria:

Students must have completed a total of at least 24 degree applicable credits by the end of the spring semester preceding their summer or fall admission to the University, or by the end of the fall semester preceding their spring admission to the University. They must also have a final cumulative average of B (3.00) or higher and have maintained at least a B- (2.70) average in any designated core course categories completed elsewhere prior to matriculation.

To remain a School of Business major, each student must meet the retention standards set by the School of Business. These standards require students to maintain a B (3.00) overall average at the University at Albany and at least a B- (2.70) average for the designated admission core course categories taken at Albany.

To remain a School of Business major, students must also have satisfactorily completed all seven of the admission core course categories after two semesters at the University. These categories are: (1) B Acc 211, (2) B Msi 215 or A Csi 101N or A Csi 201N, (3) A Mat 108 or B Msi 220 or A Eco 320; (4) A Eco 110M, (5) A Eco 111M, (6) A Psy 101M, and (7) A Soc 115G or 115M or A Ant 108G or 108M. (Note: all core course categories not completed prior to matriculation must be taken at the University and graded on an A-E basis.) They must also have achieved 56 degree applicable degree credits after two semesters at the University.

Students in the School of Business who have attained junior standing (i.e., 56 degree applicable credit) and who have met all the retention standards shall be eligible to enroll in the upper division School of Business courses.


Subsequent Admission to the School of Business:

Students who did not declare their major as "School of Business" by the deadlines stated above but whose basis of admission is "FRESHMAN" or who were admitted to the University as a "TRANSFER" with fewer than 24 degree-applicable credits (freshman standing) may directly apply (or reapply) for admission to the School of Business once they have attained junior standing (i.e., 56 degree applicable credits) and have satisfactorily completed all seven of the admission core course categories. These categories are: (1) B Acc 211, (2) B Msi 215 or A Csi 101N or A Csi 201N, (3) A Mat 108 or B Msi 220 or A Eco 320; (4) A Eco 110M, (5) A Eco 111M, (6) A Psy 101M, and (7) A Soc 115G or 115M or A Ant 108G or 108M.

Applicants must have maintained a B (3.0) overall average at the University at Albany and at least a B- (2.7) average for the designated admission core course categories taken at Albany. (Note: all core course categories not completed prior to matriculation must be taken at the University and graded on an A-E basis.)

Other "TRANSFER" students who were admitted with 24 or more degree-applicable credits but who were not initially admitted to the School of Business may still be considered for admission within the following guidelines:

  1. Students who can demonstrate that their previous transfer record would have qualified them for admission had they applied initially to the School of Business will be admitted under the conditions and criteria described above for other sophomore or junior transfers.

  2. Students who do not initially qualify for admission as a transfer student to the School of Business may contact the school for individual consideration. Some students may be granted conditional status, with admission to the school contingent upon satisfactory completion of a specific academic contract.


Appeals:

Special Admissions: Students not admissible by any of the established criteria but who believe they have extenuating circumstances may write a letter of appeal to the School of Business. Contact the Assistant Dean in the Office of Student Services, BA-361A for the procedure.


Degree Requirements for the Major in Accounting

Liberal Arts and Sciences Requirements   Credits  
Writing (A writing intensive course outside the School of Business)3
Social and Behavioral Sciences 
A Psy 101M Intro to Psychology3
A Soc 115M or 115G Intro to Sociology or
A Ant 108M or 108G Intro to Cultural Anthropology
3
A Eco 110M and 111M Principles of Economics 6
A Eco 300 Intermediate Theory 1: Microeconomics 3
Mathematics: Calculus A Mat 106, 111, 112, 118 or equivalent 3
B Mgt 341 Behavioral Foundations of Management 3
    
 24

 
General Education RequirementsCredits
Additional credits required of an accounting major to fulfill completely the
University’s General Education requirements.
 
Other Liberal Arts and Sciences electives
 36
     
Total Liberal Arts & Sciences credits 60

Business RequirementsCredits
B Acc 211 and 222 Financial and Managerial Accounting 6
B Fin 300 Financial Management 3
B Fin 301 or Eco 350 3
B Law 220 Business Law 3
B Law 321 Law of Business Organization 3
B Msi 215 Computer Applications in Business (or A Csi 101N or A Csi 201N)3
B Msi 220 Introduction to Business Statistics (or A Mat 108 or A Eco 320) 3
B Acc 422 Statistical Applications in Accounting and Auditing 3
B Msi 330 Operations Research Applications I 3
B Mkt 310 Marketing Principles and Policies 3
B Mgt 481 Strategic Management 3
     
 36

Additional Accounting RequirementsCredits
B Acc 311 and 312 Financial Accounting Theory I and II 6
B Acc 331 Cost Accounting 3
B Acc 381 Financial Information Systems 3
B Acc 411 Financial Accounting Theory III 3
B Acc 441 Income Tax Accounting I 3
B Acc 442 Income Tax Accounting II 3
B Acc 461Z Auditing 3
     
 24
     
Total business credits 60
     
Total credits (minimum) 120*

NOTE:  The following courses are not acceptable toward the CPA exam requirements: physical education courses; health courses; Information Science and Policy courses; School of Education courses; and courses not classified by the School of Business as liberal arts and sciences.

*NOTE:  CPA Examination—New York State is planning to adopt the 150-credit requirement for admission to the CPA Examination. Students planning to take this examination will be asked to take the additional credit beyond the 120 currently required. You should consult your adviser for details on this change.


Degree Requirements for the Major in Business Administration

The programs in business administration, combining a major-minor sequence, are designed for students planning careers in management science, marketing, and finance or combinations of these three major areas.

Liberal Arts and Sciences RequirementsCredits
Writing (A writing intensive course outside the School of Business) 3
Social and Behavioral Sciences 
A Psy 101M Intro to Psychology 3
A Soc 115M or 115G Intro to Sociology or
A Ant 108M or 108G Intro to Cultural Anthropology
3
A Eco 110M and 111M Principles of Economics 6
Economics elective at the 300-level or above where A Eco 110M and 111M are prerequisites, excluding A Eco 320, 458, 496 and 497 3
Mathematics: Calculus A Mat 106, 111, 112, 118 or equivalent 3
     
 21

General Education RequirementsCredits
Additional credits required of a business administration major to fulfill completely the University’s General Education requirements,  
Other Liberal Arts and Sciences electives
 39
     
Total Liberal Arts & Sciences credits60

Business RequirementsCredits
B Acc 211 and 222 Financial and Managerial Accounting 6
B Fin 300 Financial Management 3
B Law 200 Legal Environment of Business or B Law 220 Business Law 3
B Mkt 310 Marketing Principles and Policies 3
B Msi 215 Computer Applications in Business (or A Csi 101N or A Csi 201N) 3
B Msi 220 Introduction to Business Statistics (or A Mat 108 or A Eco 320) 3
B Msi 330 Operations Research Applications I 3
B Mgt 341 Behavioral Foundations of Management 3
B Mgt 481 Strategic Management 3
     
 30

Approved Concentration*Credits
Financial Analysis
Management Information Systems
Management Science
Marketing
Combination (from two of the above)
15-18

Unrestricted ElectivesCredits
(These may be Liberal Arts and Sciences courses or other Electives.) 12-15
     
Business + Unrestricted total . 60
     
Total credits (minimum) 120

* For more detailed information on concentrations, courses, departments, placement and other services to students that are available in the University at Albany's School of Business, please visit the school web page:  www.albany.edu/business/


Preprofessional Program

This program is designed for outstanding Business Administration majors who wish to obtain the M.B.A. degree in five years. A formal application to the coordinated senior year must be submitted during the second semester of the junior year. Students must submit a Graduate Management Admission Test Score as a part of their application. Those interested in this program should contact the Assistant Dean for Student and Alumni Services, Office of Student Services, BA-361A, for more specific information.


Liberal Arts and Sciences Requirements

Students should complete the following liberal arts courses to be considered for admission to the program-A Eco 110M and 111M; A Mat 106 or 111 or 112 or 118 or equivalent; A Psy 101M; A Ant 108M or 108G or A Soc 115M or A Soc 115G, upper level Eco course, a writing intensive course, and additional required General Education courses.


Business RequirementsCredits
B Acc 211 Financial Accounting 3
B Acc 222 Managerial Accounting 3
B Fin 300 Financial Management 3
B Law 200 or 220 Business Law 3
B Mgt 341 Behavioral Foundations of Management 3
B Mkt 310 Marketing Principles and Policies 3
B Msi 215 Computer Applications in Business (or A Csi 101N or 201N)3
B Msi 220 Introduction to Business Statistics (or A Eco 320 or A Mat 108) 3
B Msi 322 Statistics for Business Research 3
B Msi 330 Operations Research Applications 3
     
 30


Combined Bachelor's/ Master's in Business Administration Program

The early M.B.A. option is designed for students majoring in selected areas of the liberal arts and sciences who wish to obtain the M.B.A. degree in five years. Undergraduates at the University at Albany may apply for early admission to the School of Business M.B.A. program during their junior year. Students interested in this option are encouraged to contact Susan Maloney during their sophomore year.

Admission Requirements

  1. By May of the junior year, an applicant must have completed the Graduate Management Admission Test and achieved a minimum score of 575.

  2. During the fall of the junior year, students may make an appointment to see Susan Maloney, Assistant to the Dean for Student Services to discuss the application/admission criteria.
  3. During the spring of the student's junior year, the student must submit an application for admission to the early admission M.B.A. option. Applications are available in the Graduate Studies Office in the University Administration Building Room 121 (all application criteria in effect for the M.B.A. Program must be followed).

  4. At the conclusion of the junior year, an applicant for the early-admission program must have achieved a cumulative GPA at the University at Albany of 3.30.

  5. Students may not be admitted to this option if 100 or more undergraduate degree credits have been accumulated.

  6. Completed applications must be returned to the Graduate Studies Office in the University Administration Building Room 121. All applications will be reviewed and processed by the Graduate Affairs Committee. Applicants will be interviewed by the GAC as part of an admission process.

  7. At the end of the 120 credits used for the BA, the cumulative grade point average at Albany must be at least 3.00.


Liberal Arts and Sciences Requirements

Students should complete the following liberal arts courses to be considered for admission to the program: A Eco 110M and 111M; A Mat 106 or 112 or equivalent; A Psy 101M; A Ant 108G or 108M or A Soc 115M or A Soc 115G; upper level Eco course; a writing intensive course, and additional General Education requirements.

Requirements:  Undergraduate Courses

  1. . General Education Requirements (24 credits) Courses in the Disciplines (18 credits); Two courses (6 credits) each in Humanities and the Arts, Natural Sciences, and Social Sciences. One course in Human Diversity (3 credits). One course in Cultural and Historical Perspectives (3 credits).

  2. Major Requirements
    (30 to 36 credits)


Approved Bachelor's Degree/Master's of Business Administration Programs

College of Arts and Sciences

African/Afro-American Studies (General Program: B.A.)
Anthropology (General Program: B.A.)
Art (General and Departmental Programs: B.A.)
Asian Studies (General Program: B.A.)
Biology (General Program: B.A. degree only)
Chinese Studies (General Program: B.A.)
Computer Science (General Program: B.A.)
Economics (General Program: B.A. degree only)
English (General Program: B.A.)
French (General Program: B.A.)
Geography (General Program: B.A.)
Greek and Roman Civilization (General Program: B.A.)
History (General Program: B.A.)
Interdisciplinary Studies (General Program: B.A. or B.S.) Italian (General Program: B.A.)
Latin American Studies (General Program: B.A.)
Linguistics (General Program: B.A.)
Mathematics (General Program: B.A.)
Music (General and Departmental Programs: B.A.)
Philosophy (General Program: B.A.)
Psychology (General Program: B.A.)
Puerto Rican Studies (General Program: B.A.)
Rhetoric and Communication (General Program: B.A.)
Russian (General Program: B.A.)
Russian and East European Studies (General Program: B.A.) Sociology (General Program: B.A.)
Spanish (General Program: B.A.)
Theatre (General Program: B.A.)
Women's Studies (General Program: B.A.)


School of Criminal Justice

Criminal Justice (General Program: B.A.)


Nelson A. Rockefeller College

Political Science (General Program: B.A.)


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