University at Albany: Undergraduate Bulletin

School of Business

Dean

Paul A. Leonard, Ph.D.
University of Oregon

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

Bin Srinidhi, Ph.D.
Columbia 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

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

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.

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, Ph.D.
University of Alabama

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

William Ding, Ph.D.
�University of Colorado at Boulder

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, Ph.D.
State University of New York at Albany

Kinsun Tam, Ph.D.
University of Connecticut

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

William Ding, M.B.A.
University of Colorado at Boulder

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

Paul Morgan, Sr., J.D.
Albany Law School

Union University

Michelle Moshier, M.S.
University of Hartford

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

Suzanne Traylor, M.S.
SUNY 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 Itm 215, B Itm 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 the Graduate 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 15^th of a fall semester or May 1^st 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 Itm 215 or A Csi 101 or A Csi 201, (3) A Mat 108 or B Itm 220 or A Eco 320; (4) A Eco 110, (5) A Eco 111, (6) A Psy 101, and (7) A Soc 115Z or 115 or A Ant 108Z or 108. 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 Itm 215 or A Csi 101 or A Csi 201, (3) A Mat 108 or B Itm 220 or A Eco 320; (4) A Eco 110, (5) A Eco 111, (6) A Psy 101, and (7) A Soc 115Z or 115 or A Ant 108Z or 108. (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 Itm 215 or A Csi 101 or A Csi 201, (3) A Mat 108 or B Itm 220 or A Eco 320; (4) A Eco 110, (5) A Eco 111, (6) A Psy 101, and (7) A Soc 115Z or 115 or A Ant 108Z or 108.

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:

a. 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.

b. 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.

Liberal Arts and Sciences Courses



Required Liberal Arts

*A Eco 110 and *A Eco 111 
     Principles of Economics                            6
Economics elective at the 300 level or
     above where A Eco 110 and 111
     are Prerequisites, excluding A Eco 320,
     458, 496, and 497                                  3
A Mat 106, 111, 112, 113, 118 
     (or equivalent) Calculus                           3
*A Psy 101Intro to Psychology		                3
*A Soc 115 Intro to Sociology or
     A Ant 108 Cultural Anthropology                    3
                                                       18

General Education Courses 

As needed to fulfill University requirements -
     Minimum 30 credits; some credits may
     be filled by required Liberal Arts or
     Business courses
     (For clarification, see the General Education
     section of this Bulletin.)                   Min. 30
Required Liberal Arts
Combined with General Education courses
     and  required Liberal Arts to total at least
     60 credits.


Total Liberal Arts & Sciences credits                  60
 
Business and Other Courses

Business
*B Acc 211 Financial Accounting                         3
B Acc 222 Accounting Systems for
     Managerial Decisions                               3
B Fin 300 Financial Management	                        3
*B Itm 215 Computer Applications
     in Business (or A Csi 101 or
     A Csi 201)                                         3
B Itm 220 Introduction to Business
     Statistics (or A Mat 108 or A Eco 320)             3
B Itm 330 Business Information Systems
     and Technologies                                   3
B Law 220 Business Law or B Law 200
     Legal Environment of Business                      3
B Mkt 310 Marketing Principles                          3
B Mgt 341 Behavioral Foundations
     of Management                                      3
B Mgt 481 Strategic Management                          3

Total Business                                      45-48

Unrestricted Electives
These may be Liberal Arts and Sciences 
     Courses or other Electives                     12-15

Total Business + Unrestricted total
     Elective Credits.                                 60

Total Business & Unrestricted
Elective Credits                                      120

Total credits (minimum)		                      120

* These are Admission Core Course Requirements (see above).

** Approved Concentrations: Financial Analyst or Information Technology Management or Marketing or a combined concentration from two of these categories or one of these categories combined with Management. 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 to the Dean for Student 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 110 and 111; A Mat 106 or 111 or 112 or 118 or equivalent; A Psy 101; A Ant 108 or 108Z or A Soc 115 or A Soc 115Z, upper level Eco course, a writing intensive course, and additional required General Education courses.

Business Requirements

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 Itm 215 Computer Applications 
in Business (or A Csi 101 or 201)   3
B Itm 220 Introduction to 
Business Statistics (or A Eco 320 
or A Mat 108)                       3
B Itm 322 Statistics for 
Business Research                   3
B Itm 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 BS or 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 110 and 111; A Mat 106 or 112 or equivalent; A Psy 101; A Ant 108Z or 108 or A Soc 115 or A Soc 115Z; 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.)