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

Kinsun Tam, Ph.D.
University of Connecticut

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

Visiting Assistant Professors

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

Lester Hadsell, Ph.D.
Rensselaer Polytechnic Institute

Raymond K. Van Ness, Ph.D.
Union Institute & University

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:

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 Itm 215 or I Csi 101 or I 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.

Direct Admission as Freshmen:

Beginning with the freshman class entering in Fall 2006, a select group of freshmen will be offered admission to the School of Business without any additional conditions beyond those for continuing enrollment at the University.  Such admission will be based on a review of the student’s performance in high school as reflected in grade point average (HSGPA) and performance on school-based tests such as Regents exams, scores on the SAT or ACT national exams; and a competitive rank in class.   The minimum criteria for consideration will be a minimum score of 3,000 calculated as: HSGPA times 20 plus SAT score (old version with 1,600 maximum), with a minimum HSGPA of 85% and a minimum SAT of 1,100.

Students must complete the same set of business core course categories during their first two years that are required of all students in order to begin the upper division sequence of business courses in the junior year.  The business core course categories must be completed with an average grade of at least C (2.0).

Direct admission as freshmen to the School of Business represents an act of confidence in a cadre of well-prepared students, and it is expected that these students will perform at the highest academic levels at the University at Albany.  Students must meet University at Albany requirements for good academic standing to retain their enrollment in the School of Business.

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 I Csi 101 or I 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 I Csi 101 or I 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:

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

Arts and Sciences Requirements
A Eco 110 Principles of Economics I: Microeconomics	3
A Eco 111 Principles of Economics II: Macroeconomics	3
Writing (A writing intensive course)	3
Social and Behavioral Sciences
A Psy 101 Intro to Psychology	3
A Soc 115 or 115Z Intro to Sociology or A Ant 108 or 108Z Intro to Cultural Anthropology	3
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 Requirements
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 Requirements
B Acc 211 Financial Accounting	3
B Acc 222 Accounting Systems for Managerial Decisions	3
B Acc 311 Financial Accounting Theory I	3
B Acc 312 Financial Accounting Theory II	3
B Acc 381 Financial Information Systems	3
B Acc 411 Financial Accounting Theory III	3
B Acc 440 Survey of Taxation	3
B Acc 461Z Auditing	3
B Law 220 Business Law	3
B Msi 215 Business Law	3
A Mat 108 Elementary Statistics (or B Msi 220 or A Eco 320)	3
B Fin 300 Financial Management	3
B Fin 301 Corporate Financial Policy and Strategy	3
B Law 321 Law of Business Organization	3
B Mkt 310 Marketing Principles and Policies	3
B Msi 390 Operations and Business Process Management	3
B Mgt 481 Strategic Management	3
	51
Additional Accounting Requirements
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 financial analysis, or combination of these three major areas.

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 I Csi 101 or I 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 I 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.)

Stresses the basic legal concepts around which our society is structured; their applications in modern business society; legal procedures; terminology, and legal principles in operation.

B Law 220 Business Law (3)

Legal principles underlying business relations, including contracts, commercial paper, significant articles of the Uniform Commercial Code, and government and business. Accounting majors must complete this course and not B Law 200.

B Law 321 Law of Business Organization (3)

Legal concept of agency, partnership, corporations and bankruptcy, the Uniform Partnership Act, and Business Corporation Law.

B Law 421 Law of Property (3)

Law of real and personal property, including mortgages and conveyances, landlord and tenant relationships. Prerequisite(s): B Law 220.

B Law 422 Trust and Estate Law (3)

Covers presentation of material concerning living and testamentary trusts; analysis of the requirements of a will, including its preparation, execution, and probate; administration of estates of individuals dying with and without wills.