The purpose of the College of Commerce and Business Administration is to provide an educational experience that will help students develop their potential for leadership and service in business, government, teaching, and research. The undergraduate curricula provide a study of the basic aspects of business and preparation for careers in fields such as accounting, business management, banking, insurance, and marketing.
The
curricula, leading to the bachelor of science degrees in the various degree
programs in business, are based on four years of college work. Students are
required to elect courses in other colleges of the University, including mathematics,
rhetoric, humanities and the arts, speech, and natural and behavioral sciences,
and to secure as liberal an education as possible to avoid the narrowing effects
of overspecialization. Through a cooperative arrangement with the College of
Liberal Arts and Sciences, students in that college may major in economics or
finance.
The
College of Commerce and Business Administration offers graduate and professional
programs in one of the areas of business and economics, or in a nonbusiness
area such as liberal arts, science, or engineering. Detailed information on
graduate programs may be obtained from the Graduate College.
Departments and Curricula
Undergraduate instruction in the College
of Commerce and Business Administration is organized under the Departments of
Accountancy, Business Administration, Economics, and Finance. Each of these
departments offers courses that provide one or more curricula that a student
may elect. These curricula lead to bachelor of science degrees in the various
fields of study in the college and are designed to encourage each student to
develop fully his or her intellectual
capacity.
Requirements
ADMISSION
Applicants must meet general University
requirements as well as those specified by the College of Commerce and Business
Administration.
Students
transferring from other colleges must have achieved junior standing and met
the requirements specified by the college.
Mathematics Placement Test
Students are required to take the Mathematics Placement Test before registering in the college. The results of the test are used to place students in MATH 112 or to exempt them from college algebra and allow them to enroll in the first course of one of the mathematics sequences required for graduation (see below).
GRADUATION
Students in the College of Commerce and Business Administration who meet the University's requirements with reference to registration, residence, and fees and who maintain satisfactory scholastic records in the college are awarded degrees appropriate to their curricula.
Each
candidate for a degree must have a 2.0 (A = 4.0) grade point average or above
for all courses counted toward graduation, a 2.0 grade point average or above
for all courses taken at this University, a 2.0 grade point average or above
for all courses taken in the major or field of concentration, and a 2.0 grade
point average or above for courses taken in the major or field of concentration
at this University.
Each student may select only one major or field of concentration.
Students
are responsible for meeting the requirements for graduation. Therefore, students
should familiarize themselves with the requirements listed in this catalog and
other information in the Office of Undergraduate Affairs, 214 David Kinley Hall,
and should refer to them each time they plan their programs.
MATHEMATICS REQUIREMENT
Any one of the sequences described below meets the College of Commerce and Business Administration requirement. A new student need only select which mathematics sequence to enter. Decisions on how far to go in a sequence can be made later as the student gains experience and firms up career objectives.
The
most appropriate mathematics sequence depends on the student's background, interest,
motivation, and objectives. Background can be evaluated in terms of mathematics
courses already completed and the student's score on the Mathematics Placement
Test. Interest, motivation, and objectives must be determined by the student.
The four sequences open to the student are:
-MATH 135. This course provides a thorough background in calculus for students having a previous analytic geometry course. This course or the next sequence should be chosen by students whose interests and objectives require strong mathematics.
-MATH 120 and 130. This sequence is appropriate for those students with a good background in mathematics but who have not had analytic geometry. Students who believe they may want to take upper-level courses in mathematics should take this sequence.
-MATH 125 and 134. This sequence provides a good background in linear algebra and calculus. It is difficult to take upper-level courses in mathematics after this sequence.
-MATH 120 and 125. This is an alternative to the previous sequence. It is particularly suitable for those with AP credit in calculus who do not plan to take upper-level mathematics courses.
RESIDENCY
Students must spend either the first three years, earning not fewer than 90 semester hours, or the last year (two semesters, or the equivalent), earning not fewer than 30 semester hours, in residence on the Urbana-Champaign campus, uninterrupted by any work at another institution.
Transfer
students from community or junior colleges must, after attaining junior standing,
earn at the University of Illinois or another approved four-year institution
at least 60 semester hours acceptable toward their degree.
Special Programs
Honors at Graduation
Honors, designated on diplomas, are awarded to superior students as follows: for graduation with honors, a minimum grade point average of 3.5 (A = 4.0) in all courses accepted toward the student's degree; for graduation with high honors, a minimum grade point average of 3.75 in all courses accepted toward the degree; and for graduation with highest honors, a minimum grade point average of 3.90 in all courses accepted toward the degree. To qualify for graduation honors, transfer students' UIUC and total cumulative grade point averages must qualify.
Curricula
Normally, students must register for not fewer than 12 hours or more than 18 hours in each semester. Students should take mathematics, economics, and accountancy courses in the semesters indicated in the sample schedule of courses. The computer science course must be taken during the first year. A required course that is failed must be repeated the next semester.
A
student with fewer than 30 hours of credit is required to have his or her program
for the semester approved by an adviser in the college office.
Up
to 4 hours of credit in basic physical education may be counted in the 124 hours
necessary for graduation. Physical education grades are counted in the graduation
grade point average.
Any
course used to fill a specific degree requirement may not be taken on the credit-no
credit grade option. Only free electives may be taken on the credit-no credit
option.
HOURS | UNIVERSITY COMPOSITION REQUIREMENTS |
4-7 | Composition I: Principles of Composition1 |
3 | Composition II: Business and Technical Writing or Advanced Rhetoric1 |
HOURS | GENERAL EDUCATION REQUIREMENTS1 |
24 | A minimum of six courses is required, as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
HOURS | Foreign Language Requirement |
0-12 | Completion of the third semester or equivalent of one language is required. Completion of three years of a single language in high school satisfies this requirement. For freshmen enrolling in 2000 and transfer students enrolling in 2002, this requirement is expected to increase to four semesters in college or four years in high school. |
*At least one of the courses in the humanities and the arts area must be a 200 or higher level course.
**It is strongly recommended that one course be taken in each area.
HOURS | BUSINESS CORE REQUIREMENTS |
6 | ACCY 201 and 202-Principles of Accounting, I and II |
3 | B ADM 200-Legal Environment of Business |
3 | B ADM 202-Principles of Marketing |
3 | B ADM 2102-Management and Organizational Behavior |
3 | B ADM 389-Business Policy |
3 | C S 105-Introduction to Computing with Application to Business and Commerce |
6 | ECON 102 and 103-Microeconomic and Macroeconomic Principles |
6 | ECON 172 and 173-Economic Statistics, I and II |
3 | ECON 300-Intermediate Microeconomic Theory |
3 | FIN 254-Corporate Finance |
7 | MATH 125 and 1343-Introductory Analysis for Social Scientists |
3 | SPCOM 101-Principles of Effective Speaking |
49-50 | Total business core requirements |
HOURS | MAJOR |
15-38 | Courses to yield this total |
HOURS | ELECTIVES |
0-32 | Elective course work |
124 min | Total hours for the degree |
1.For
a list of the specific courses that meet this requirement, see the college Office
of Undergraduate Affairs in 214 David Kinley Hall.
2.This
course includes limited voluntary participation as a subject in experiments.
3.MATH
135, or MATH 120 and 130, or MATH 120 and 125 may be substituted for MATH 125
and 134. (See college mathematics requirement above.)
Sample Schedule
HOURS | FIRST SEMESTER |
3 | ECON 102-Microeconomic Principles |
3 | MATH 125-Elementary Linear Algebra with Applications |
3 | C S 105-Introduction to Computing with Application to Business and Commerce |
4 | Composition I |
3-4 | General education or foreign language |
16-17 | Total |
HOURS | SECOND SEMESTER |
3 | ECON 103-Macroeconomic Principles |
4 | MATH 134-Calculus for Social Scientists, I |
3 | SPCOM 101-Principles of Effective Speaking |
3-4 | General education or foreign language |
3 | General education |
16-17 | Total |
HOURS | FIRST SEMESTER |
3 | ACCY 201-Principles of Accounting, I |
3 | ECON 172-Economic Statistics, I |
6-7 | General education or foreign language |
3 | General education or elective |
15-16 | Total |
HOURS | SECOND SEMESTER |
3 | ACCY 202-Principles of Accounting, II |
3 | ECON 173-Economic Statistics, II |
3 | FIN 254-Corporate Finance |
3 | ECON 300-Intermediate Microeconomic Theory |
3-4 | General education or electives |
15-16 | Total |
HOURS | FIRST SEMESTER |
3 | B ADM 210-Management and Organizational Behavior |
9 | Major or elective or general education |
3 | Composition II |
15 | Total |
HOURS | SECOND SEMESTER |
3 | B ADM 200-The Legal Environment of Business |
3 | B ADM 202-Principles of Marketing |
9 | Major and elective or general education |
15 | Total |
HOURS | FIRST SEMESTER |
15-16 | Major and electives or general education |
15-16 | Total |
HOURS | SECOND SEMESTER |
12 | Major and electives |
3 | B ADM 389-Business Policy |
15 | Total |