Business Administration

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The Bachelor of Business Administration Degree allows the student to choose options in Economics, Finance, Information Systems, Management, Production/Operations Management, Marketing, and Real Estate. General business administration courses are found in this section of the catalog. Courses in the various option fields are found in the appropriate departmental sections of the catalog. (Production/Operations Management courses are found in the Information Systems and Management Sciences Department.)

Requirements for a Bachelor of Business Administration Degree

(Economics, Finance, Information Systems, Management, Marketing, Production/Operations Management, and Real Estate Options)

Students must be meeting all lower division requirements before enrolling for upper division courses. Specified prerequisites are designated for certain courses. Waiver of either of the above will require consent of the instructor and approval of the Dean of Business Administration.

English

1301, 1302.

Literature

Three hours of English or foreign language literature or other approved substitute above the freshmen level.

Liberal Arts Elective

Three hours above the freshman level of literature, or social and cultural studies designated as taught in the College of Liberal Arts, or fine arts or philosophy, or technical writing.

History

1311, 1312.

Political Science

2311, 2312.

Mathematics

1302 or 1315, and 1316.

Natural Science

Eight hours in single lab science (BIOL 1333, 1334, 1282; GEOL 1435, 1436; PHYS 1401, 1402; PHYS 1445, 1446; CHEM 1445, 1446).

Social/Cultural Studies

BUSA 2301* or three hours of social or industrial psychology.

Fine Arts

Three hours from architecture, art, dance, music, or theatre arts.

Speech

1301 or 2305

Computer Use Competency

Students will become competent in computer use within the first 60 hours of their program in the following topics: word processing, spreadsheet, database preparation, Internet use and library on-line search. This must be achieved by passing BUSA 2303 or equivalent course. The students may also take courses offered by Academic Computing Services and the UTA Library in these areas, if needed.

Outside Electives

Sufficient to give the total number of hours required for the degree.

Core

ACCT 2301 and 2302; BLAW 3311; BUSA 2303, 3306, 3321, and 4322; ECON 2305 and 2306; FINA 3313; MANA 3319; MARK 3321.

Concentration and Electives

12 to 18 hours beyond the core requirement in one of the following areas of concentration: economics, finance, information systems, management, marketing, production/operations management, or real estate.
Three to six hours of accounting electives. Six hours of economics electives.** 12 to 18 hours of 3000/4000 level business electives selected from at least three areas of concentration excluding the primary area of concentration.

Total

128 hours, plus exercise and sport activities (EXSA) or ROTC or marching band as required.

* Students planning to attend Graduate School should enroll in this course.

** Students planning to attend Graduate School should take ECON 3310 and 3312 in their undergraduate program of study.

Suggested Course Sequence

Freshman Year

First Semester: ENGL 1301; HIST 1311; Natural Science, 4 hours; MATH 1315; Speech, 3 hours; EXSA or ROTC or Marching Band—Total Credit 17 hours.

Second Semester: ENGL 1302; HIST 1312; Natural Science, 4 hours; MATH 1316; Fine Arts/Philosophy, 3 hours; EXSA or ROTC or Marching Band—Total Credit 17 hours.

Sophomore Year

First Semester: Literature, 3 hours; POLS 2311; ECON 2305; ACCT 2301; BUSA 2303; BUSA 2301 or Social or Industrial Psychology, 3 hours; EXSA or ROTC or Marching Band—Total Credit 19 hours.

Second Semester: Liberal Arts Elective, 3 hours; POLS 2312; ECON 2306; ACCT 2302; Outside Elective, 3 hours; EXSA or ROTC or Marching Band—Total Credit 16 hours.

Economics Option

The student concentrating in economics should be certain that he/she is meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, the economics concentration is limited to 21 hours in economics. This includes 15 hours of economics beyond the courses in principles of economics, ECON 2305 and 2306. ECON 3303, 3310, 3312, 3318 and 4331 are required. A three-hour accounting elective is also required. The remainder of the courses to meet degree requirements should be selected with the advice of an academic advisor.

Suggested Course Sequence

Junior Year

First Semester: ECON 3303; ECON 3310; MARK 3321; BLAW 3311; Accounting Elective, 3 hours; Advanced Business elective, 3 hours—Total Credit 18 hours.

Second Semester: ECON 3312; FINA 3313; MANA 3319; BUSA 3321; Advanced Business Electives, 6 hours—Total Credit 18 hours.

Senior Year

First Semester: Advanced Business Electives, 9 hours; ECON 3318, BUSA 3306—Total Credit 15 hours.

Second Semester: BUSA 4322; ECON 4331; Outside Elective, 3 hours; Advanced Business Elective, 3 hours.—Total Credit 12 hours.

Finance Option

The student concentrating in finance should be certain that he/she is meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, the finance concentration student is limited to a maximum of 21 finance hours, to include three to nine hours of finance courses beyond FINA 3313, 3315, 3317, and 4315, which are required.

The student is also required to take ACCT 3311 and three hours of accounting at the 3000 or 4000 level. Other minimum requirements are six hours of economics. The remainder of the courses to meet degree requirements should be selected with the advice of an academic advisor. These courses may include insurance, business law, and real estate. It is recommended that students planning careers in financial institutions take ACCT 3312 and ECON 3303. Following is an outlined upper-level program, detailing required and suggested courses for finance students who choose a specific area of study. All finance students MUST counsel with the finance advisor; it is best to do this no later than in the first semester of the junior year.

Suggested Course Sequence

Junior Year

First Semester: FINA 3313; BLAW 3311; BUSA 3321; MANA 3319; ACCT 3311; Economics Elective, 3 hours—Total Credit 18 hours.

Second Semester: FINA 3315; FINA 3317; MARK 3321; BUSA 3306; Accounting Elective, 3 hours—Total Credit 15 hours.

Senior Year

First Semester: BUSA 4322; Finance, 3 hours; Finance or Advanced Business Elective*, 6 hours; Economics Elective, 3 hours—Total Credit 15 hours.

Second Semester: FINA 4315; Advanced Business Electives*, 9 hours; Outside Elective, 3 hours—Total Credit 15 hours.

* Suggested advanced business electives: BLAW 3312; BUSA 3326; INSU 4329; POMA 4305; REAE 3325, 4319, 4321; INSY 3305; ACCT 3311, 3312.

Career Options in Finance

Finance is the branch of business concerned with management of money. The specific nature of the money management function depends to some extent on the type of organization. Based on similarity of the finance function, finance is generally classified into three areas: corporate finance, investments and securities, and financial institutions. Career opportunities may be available in each of these areas. A brief description of each area along with some courses applicable to each is provided below. A faculty advisor should be consulted before making final decisions relative to a degree program.

Financial Institutions: Commercial banks, savings and loan associations, credit unions, mutual funds, pension funds, finance companies, and insurance companies. Also, various governmental bodies that regulate financial institutions are included.

Investments and Securities: Firms such as investment banks, stockbrokers, institutional investors, and investment advisory services.

Corporate Finance: Manufacturing firms, wholesalers, retailers, and firms engaged in providing all types of nonfinancial services.

Information Systems Option

The student concentrating in information systems should be certain he/she is meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, a student is limited to a maximum of 21 hours in each of the concentration areas. For a concentration in information systems, a student would include 18 hours of information systems beyond BUSA 2303. INSY 3302, 3304, 3305, 3308, 4306, and 4308 are required.

The student concentrating in information systems is encouraged to take a computer science course as an outside elective. Other required electives (accounting—three hours; economics—six hours) and advanced business electives should be selected with the advice of an academic advisor.

Suggested Course Sequence

Junior Year

First Semester: INSY 3302; INSY 3304; Accounting Elective, 3 hours; MANA 3319; BUSA 3321; Economics Elective, 3 hours—Total Credit 18 hours.

Second Semester: INSY 3305; BUSA 3306; BLAW 3311; Economics Elective, 3 hours; FINA 3313; MARK 3321—Total Credit 18 hours.

Senior Year

First Semester: INSY 3308; INSY 4306; Advanced Business Electives, 9 hours—Total Credit 15 hours.

Second Semester: INSY 4308; Outside Elective, 3 hours; BUSA 4322; Advanced Business Elective, 3 hours—Total Credit 12 hours.

Management Option

The student concentrating in management should be certain that he/she is meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, a student is limited to a maximum of 21 hours in each of the concentration areas. For a concentration in management, a student would include 12 to 18 hours of management beyond MANA 3319. MANA 3320 and 3323 are required. The balance of up to 12 hours of concentration may be selected from among the remaining management offerings.

Other required courses include accounting, three hours, and economics, six hours. The remainder of the courses to meet degree requirements should be selected with the advice of an academic advisor.

Suggested Course Sequence

Junior Year

First Semester: MANA 3319; Accounting Elective, 3 hours; BLAW 3311; BUSA 3321; Economics Elective, 3 hours; MARK 3321—Total Credit 18 hours.

Second Semester: MANA 3320; MANA 3323; BUSA 3306; Economics Elective, 3 hours; FINA 3313; Advanced Business Elective, 3 hours—Total Credit 18 hours.

Senior Year

First Semester: Management Elective, 3 hours; Management or Advanced Business Electives, 6 hours; Advanced Business Electives, 6 hours—Total Credit 15 hours.

Second Semester: Management Elective, 3 hours; BUSA 4322; Outside Elective, 3 hours; Advanced Business Elective, 3 hours—Total Credit 12 hours.

Marketing Option

Students concentrating in marketing should be certain that they are meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, a student is limited to a maximum of 21 hours in the concentration area. For a student concentrating in marketing, this would include 12 to 18 hours in marketing beyond MARK 3321. MARK 3324, MARK 4311 and MARK 4322 are required. The balance of up to nine hours of concentration may be selected from the remaining offerings.

The student concentrating in marketing is also required to take several electives (accounting—three hours; economics—six hours). The remainder of the courses to meet degree requirements should be selected with the advice of an academic advisor.

A student may complete the track in Hospitality and Tourism Management by taking the required courses for a concentration in marketing plus a minimum of nine hours in Hospitality and Tourism Management courses. These courses are MARK 4330, MARK 4331, MARK 4332, MARK 4333 and MARK 4334.

Suggested Course Sequence

Junior Year

First Semester: MANA 3319; Accounting Elective, 3 hours; BLAW 3311; BUSA 3321; Economics Elective, 3 hours; MARK 3321—Total Credit 18 hours.

Second Semester: Marketing Elective, 3 hours; MARK 3324; BUSA 3306; Economics Elective, 3 hours; FINA 3313; Advanced Business Elective, 3 hours—Total Credit 18 hours.

Senior Year

First Semester: MARK 4311; Marketing or Advanced Business Electives, 6 hours; Advanced Business Electives, 6 hours—Total Credit 15 hours.

Second Semester: MARK 4322; BUSA 4322; Outside Elective, 3 hours; Advanced Elective, 3 hours—Total Credit 12 hours.

Production/Operations Management Option

Students concentrating in production/operations management should be certain that they are meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, a student is limited to a maximum of 21 hours in the concentration area. For a concentration in production/operations management, the student would include 15 to 18 hours of production/operations management beyond BUSA 3306. POMA 3308, 3309, 4302, 4307, 4308 are required. The balance of up to three hours of concentration may be selected from the remaining POMA offerings. The student concentrating in production/operations management is also required to take BUSA 3322, ECON 3310, ACCT 3309, and ACCT 4304. Other required business electives should be selected from ACCT 4302, FINA 4320, MANA 3323, MANA 4320 and MARK 4311.

Suggested Course Sequence

Junior Year

First Semester: BUSA 3306; POMA 3308; BUSA 3321; ECON 3310; MANA 3319; ACCT 3309—Total Credit 18 hours.

Second Semester: POMA 3309; BLAW 3311; BUSA 3322; Economics Elective, 3 hours; MARK 3321; FINA 3313—Total Credit 18 hours.

Senior Year

First Semester: POMA 4307; ACCT 4304; POMA or Advanced Business Elective, 3 hours; Advanced Business Electives, 6 hours—Total Credit 15 hours.

Second Semester: POMA 4302 and 4308; BUSA 4322; Outside Elective, 3 hours—Total Credit 12 hours.

Real Estate Option

The student concentrating in real estate should be certain he/she is meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, a student is limited to a maximum of 21 hours in the concentration area. For a concentration in real estate, a student would include 12 to 18 hours of real estate beyond REAE 3325. REAE 3325, REAE 4334, and REAE 4319 are required. The remaining six to 12 hours of real estate courses may be selected from the courses listed in the Real Estate section. The remainder of the courses to meet degree requirements should be selected with the advice of an academic advisor.

A student desiring a Real Estate option must complete 15 semester hours of courses bearing a Real Estate prefix (REAE). BLAW 3314 is required. Other required courses: accounting, three hours; economics, six hours.

Suggested Course Sequence

Junior Year

First Semester: MANA 3319; BUSA 3321; FINA 3313; BLAW 3311; REAE 3325; Economics Elective, 3 hours—Total Credit 18 hours.

Second Semester: MARK 3321; BUSA 3306; Accounting Elective, 3 hours; REAE 4319; Economics Elective, 3 hours; BLAW 3314—Total Credit 18 hours.

Senior Year

First Semester: Real Estate, 6 hours; Real Estate or Advanced Business Electives, 6 hours; Advanced Business Elective, 3 hours—Total Credit 15 hours.

Second Semester: REAE 4334; BUSA 4322; Outside Elective, 3 hours; Advanced Business Elective, 3 hours—Total Credit 12 hours.

Requirements for a Bachelor of Business Administration Degree

(International Business/Foreign Language Option)

Students must meet all lower division requirements before enrolling for upper division courses. Specified prerequisites are designated for certain courses. Waiver of either of the above will require consent of the instructor and approval of the dean of the College of Business Administration.

English

1301, 1302.

Literature

Three hours of foreign language literature above the freshman level.

Liberal Arts Elective

Three hours above the freshman level of literature, or social and cultural studies designated as taught in the College of Liberal Arts, or fine arts or philosophy, or technical writing.

History

1311, 1312.

Political Science

2311, 2312.

Mathematics

1315, 1316.

Social/Cultural Studies

BUSA 2301 or PSYC 3315 or SOCI 3317.

Fine Arts

Three hours from architecture, art, dance, music, or theatre arts.

Speech

1301 or 2305.

Natural Science

Eight hours in single lab science (BIOL 1333, 1334, 1282; GEOL 1435, 1436; PHYS 1401, 1402; PHYS 1445, 1446; CHEM 1445, 1446).

Business Core

ACCT 2301, 2302; BUSA 2303, 3321, and 4322; ECON 2305, 2306; FINA 3313; MANA 3319; MARK 3321.

International Business

BLAW 4310; ECON 4306 or 4321 or 4322; FINA 4324; MANA 4321; MARK 4325.

Foreign Language

26 hours beyond all other requirements in one of the following areas: French, German, Russian, or Spanish. See foreign language options for specific courses.

Electives

12 hours of upper level, advisor approved electives.

Total

130 hours, plus exercise and sport activities (EXSA) or ROTC or marching band as required.

Students are strongly encouraged to study abroad. The College of Business Administration and the Department of Foreign Languages will work together in placing students in currently existing exchange programs. Furthermore, the University will continue to develop exchange agreements with other recognized international universities.

Foreign Language Options

French: The student concentrating in International Business/French should be certain that he/she is meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, a student must complete FREN 1441, 1442*, 2313, 2314, 3315, 4314, 4334, and 4335.

German: The student concentrating in International Business/German should be certain that he/she is meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, a student must complete GERM 1441, 1442*, 2313, 2314, 3313, 3314, 4334, and 4335.

Russian: The student concentrating in International Business/Russian should be certain that he/she is meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, a student must complete RUSS 1441, 1442*, 2313, 2314, 4362, and nine hours of 3000/4000 level electives.

Spanish: The student concentrating in International Business/Spanish should be certain that he/she is meeting the requirements specified previously under the heading Requirements for a Bachelor of Business Administration Degree. Within the framework of these conditions, a student must complete SPAN 1441, 1442*, 2313, 2314, 3311 or 3312, 3314, 4334, and 4335.

* Students will be placed in appropriate language level upon completion of a written and/or a verbal competency exam administered by the Foreign Language Department.

Business Administration (BUSA)

Every Business Administration course includes a $3 College of Business Administration multimedia fee.

2301. HUMAN BEHAVIOR IN BUSINESS ORGANIZATIONS (3-0) 3 hours credit. Concepts, theories, and the application of the scientific method to research on human social behavior; the potential human issues all organizations must face. Scientific research method, social cognition, motivation, social perception, attitudes, conflict, power, leadership, and group behavior. Will satisfy the three-hour social and cultural studies requirement in the College of Business Administration and three hours of the science/social science requirement. $3 course fee.

2303. INTRODUCTION TO M.I.S. AND DATA PROCESSING (3-0) 3 hours credit. Introduction to business data processing, computer programming, management information systems, and problems involved in business information processing systems. Selected software tools are presented and managerial applications are required. $3 course fee.

2304. INTRODUCTION TO BUSINESS (3-0) 3 hours credit. Nature and functions of business: business economy, entrepreneurship and small business, the management process, human resource management, marketing, management information tools, finance, legal and tax environment, and risk and insurance. Will not serve to meet the degree requirements for College of Business Administration majors. $3 course fee.

3301. COMMUNICATION: INTERPERSONAL BEHAVIOR AND GROUP PROCESSES (3-0) 3 hours credit. The development of attitudes and interpersonal communication skills essential to effective group performances. Interpersonal perception, the psychological contract, functional roles of group members, group problem solving and decision making, group norms, and intergroup processes. $3 course fee.

3306. MANAGEMENT SCIENCE (3-0) 3 hours credit. Introduction to the philosophy and techniques of management science. Classical optimization theory with business applications, linear programming by the simplex method, transportation and assignment models, inventory and replacement models, and queuing theory. PERT and CPM network analysis models. Prerequisite: MATH 1315 or equivalent. $3 course fee.

3321. BUSINESS STATISTICS (3-0) 3 hours credit. Application of statistical techniques to business and economic data. Descriptive statistics, probability distributions, estimation, inference, regression, correlation, and time series. Prerequisites: BUSA 2303 and MATH 1315 or calculus. $3 course fee.

3322. BUSINESS STATISTICS (3-0) 3 hours credit. The application of statistical inference to problems in business and economics. Sampling theory, nonparametric methods, and forecasting. Special attention to statistical research techniques. Prerequisite: BUSA 3321. $3 course fee.

3326. CREDITS AND COLLECTIONS (3-0) 3 hours credit. The use of credit in modern business; the relation of credit information, credit bureaus, collection letters, and the economic justification for credit extension. (May be included as part of the finance concentration, except that it may not be substituted for FINA 4315, Advanced Business Financial Analysis). Prerequisite: junior standing. $3 course fee.

3360. BUSINESS COMMUNICATION SKILLS (3-0) 3 hours credit. Develops written and verbal skills necessary for effective communication in a business environment; resume preparation, business reports, English essentials, and oral presentations are emphasized. $3 course fee.

4191, 4291, 4391. STUDIES IN BUSINESS (Variable credit from 1 to 3 semester hours as arranged). Advanced studies, on an individual basis, in the various fields of business literature. Prerequisites: senior standing and permission of instructor. May be repeated for credit with consent of department chair. $3 course fee.

4322. ORGANIZATIONAL POLICY AND ADMINISTRATION (3-0) 3 hours credit. An integrative learning experience through the presentation of advanced material and study of administrative policy cases. Administrative processes in conditions of uncertainty. The total organizational environment, including social, economic, ethical, political and technological influences. Analyses of the basic organizational functions to aid in development of administrative controls. A capstone offering for the business major. Prerequisite: completion of all business core courses and senior standing. $3 course fee.

4330. RESEARCH METHODOLOGY AND PRACTICE (3-0) 3 hours credit. Designed for undergraduate students from a variety of disciplines. Goals: to understand the commonalities of research across disciplinary boundaries, to develop research skills. Topics: framing a research question, literature review, introductory statistical skills, organization and presentation of results. Using a computer for bibliographic searches, word processing, and statistical analysis. $3 course fee.

4331. SEMINAR IN BUSINESS (3-0) 3 hours credit. Readings and discussion of special topics in business. Prerequisite: junior or senior standing and consent of instructor. May be repeated for credit with consent of department chair. $3 course fee.

4393. INTERNSHIP. Practical training in business and industry. Analysis of theory applied to real life situations. Course may be used as an advanced business elective and is graded on a pass/fail basis. No credit will be given for previous experience or activities. This course may not be repeated for credit. Prerequisites: Junior standing and consent of internship advisor. $3 course fee.

4394. HONORS THESIS/SENIOR PROJECT (3-0) 3 hours credit. Required of all undergraduate Business Administration students in the University Honors College. During the senior year, the student must complete a thesis or project of equivalent difficulty under the direction of a faculty member in the major department. $3 course fee.

Business Law (BLAW)

Every Business Law course includes a $3 College of Business Administration multimedia fee.

3311. LAW I (3-0) 3 hours credit. The law relevant to business transactions of large and small business firms and individuals. The history and development of our legal system, (e.g. increased government regulation of business) reviewed to help the student understand political and social influences on law. Topics covered include common law and Uniform Commercial Code, and contractual relationships (contracts, assignments, commercial papers, sales, and bailments). $3 course fee.

3312. LAW II (3-0) 3 credit hours. The law of property (real and personal), business associations (agency, partnership, corporation, bankruptcy), wills and trusts. Prerequisite: junior standing. $3 course fee.

3313. LAW—CONTEMPORARY PERSPECTIVE (3-0) 3 hours credit. Topics of legal significance to society. The influence of history on present legal remedies; evidence and procedures of litigation; the law of crimes, torts, wills, trusts, marriage, divorce, morals, and current issues. Prerequisite: junior standing. $3 course fee.

3314. REAL ESTATE LAW (3-0) 3 hours credit. Development of real estate law and the legal constraints within which real estate decisions are made. Prerequisite: junior standing. $3 course fee.

4310. BASIC INTERNATIONAL LAW FOR BUSINESS (3-0) 3 hours credit. The basic principles of law related to international transactions and relations as may be applicable to business dealings. Laws related to persons and property in the foreign environment. Prerequisite: junior standing. $3 course fee.

Insurance (INSU)

Every Insurance course includes a $3 College of Business Administration multimedia fee.

4329. PROPERTY AND CASUALTY RISK MANAGEMENT (3-0) 3 hours credit. Fire, marine, and automobile insurance; business, professional, and personal liability insurance; theft insurance; disability and miscellaneous casualty coverage, surety bonds, rate structures, and multiple line contracts. Prerequisite: junior standing or consent of instructor. $3 course fee.

4330. LIFE AND HEALTH RISK MANAGEMENT (3-0) 3 hours credit. Principles underlying the fields of life and health insurance. Types of life, health, and annuity contracts; determination of premiums; policy provisions, reserve provisions, and legal requirements. Prerequisite: junior standing. $3 course fee.