UWM Undergraduate Catalog 2008-09

Sheldon B. Lubar School of Business



SHELDON B. LUBAR SCHOOL OF BUSINESS

Student Services Center
Lubar Hall, N297
(414) 229-5271

uwmbba@uwm.edu

http://www.uwm.edu/Business


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DEGREE PROGRAMS

Bachelor of Business Administration (BBA) Accounting, Finance, Human Resources Management, Management Information Systems, Marketing, Supply Chain & Operations Management

Master of Business Administration (MBA) with career focus concentrations available in Health Care Management, International Business, Managing Change, and Supply Chain Management

Master of Management (MS) Accounting, Professional Accounting, eBusiness, Finance Analysis, Management Information Systems, Marketing, and Taxation

MS - MIS.MBA - a coordinated degree program combining MBA and MS-MIS curricula

Master of Science in Human Resources and Labor Relations (MHRLR) - jointly offered by Lubar School of Business and College of Letters and Science

Master of Science in Nonprofit Management and Leadership - jointly offered by Lubar School of Business and College of Letters and Science

Master of Public Administration (MPA) - jointly offered by Lubar School of Business and College of Letters and Science

MBA - MS Nursing - administered collaboratively by the UWM College of Nursing and the Lubar School of Business

Doctor of Philosophy in Management Science (PhD) Finance, Management Information Systems, Marketing, Organizations & Strategic Management, Production & Operations Management

The UWM Sheldon B. Lubar School of Business is a major metropolitan business school committed to academic excellence. Because of its metropolitan location, the School offers several advantages. Milwaukee area firms provide an exciting real world laboratory for students to gain valuable insights and skills in their chosen professional fields as well as providing part-time or full-time employment opportunities. Students can also gain practical work experience by participating in internship programs. Business leaders from the community participate in School activities, both in the classroom and on the School’s advisory councils.

High-quality management education that incorporates state-of-the-art technology is delivered to a diverse group of graduate and undergraduate students and practicing executives and professionals. We address the professional development and lifelong learning needs of individuals.

Through scholarly research, we advance knowledge pertaining to management decision-making and practice and further enrich our teaching effectiveness.

Our undergraduate degree programs provide students with a career foundation leading to managerial advancement and/or entrepreneurial careers.

Our master’s degree programs prepare students to assume general management or functional specialist positions, with potential for senior level leadership positions or entrepreneurial careers.

Our doctoral degree programs prepare students for research and teaching careers in higher education and research careers in industry.

Our executive education programs provide customized problem solving for organizations.

We also employ our professional skills in service to the School, University, scholarly and professional organizations, and the regional business community. We capitalize on the diversified resources of the Metropolitan Milwaukee business community and use them as a living laboratory to enrich our scholarly and instructional pursuits.

The Lubar School of Business undergraduate and graduate degree programs are accredited by AACSB-International - the Association to Advance Collegiate Schools of Business, the internationally recognized accrediting body for business schools.

Completion of the accounting major, which is accredited by the Wisconsin State Board of Accountancy, serves as basic preparation for the CPA exam. The School’s finance majors are increasingly taking and passing the Chartered Financial Analysts (CFA) examination.

Requirements for Employment, Licensing, or Professional Organizations. Students should be aware that some professions, occupations, and employers are subject to licensing and/or bonding requirements. When a course of study includes clinical or field training, practice teaching, internships, or the like, students may be subjected to a check of criminal conviction records, prior to acceptance of a student by the placement site. Students are responsible for obtaining the information necessary for them to become knowledgeable about these requirements and plan their studies accordingly. Please contact the appropriate department or program office for further information.

Admission
The Bachelor of Business Administration degree is based on two years of college work in pre-business, followed by two years of study in the business curriculum. Potential applicants should consult the Department of Recruitment and Outreach (Room 120, Bolton Hall, 414-229-2222) for current information.

New Freshmen. Admission of freshmen into the Lubar School of Business would be granted to students who fulfill the UWM admission standards. All new freshmen are admitted into intended business programs. Intended business students who meet additional requirements will be admitted to a major in the Lubar School of Business (see Admission to a Major).

Transfer Students. Students seeking to transfer to the School with less than 56 transfer credits will be admitted into intended business if they meet the UWM admission requirements for transfer.

Applicants with 56 or more transfer credits will be admitted to the major if a review of their academic record indicates that they meet the admission criteria for the major requested (see Admission to a Major).

At least 50 percent of the business credit hours required for the business degree must be earned at UWM.

Students from two-year institutions (community colleges and two-year UW Colleges) are limited to the transfer of up to 72 credits required for the bachelor degree.

Admission to a Major

Intended business students may apply for admission to the major after completing all of the following requirements.

1. Complete at least 56 credits and satisfy the UWM English composition and mathematics requirements; and

2. Successfully complete (with a cumulative grade point average of 2.0 or above) the Business Foundation Course Group (Econ 103 Principles of Microeconomics; Econ 104 Principles of Macroeconomics; Math 211 Survey of Calculus and Analytic Geometry or equivalent; Bus Adm 201 Introduction to Financial Accounting; Bus Adm 210 Introduction to Management Statistics; and Bus Adm 230 Introduction to Information Systems); and

3. Obtain a cumulative grade point average equal to or above the standard established by the Lubar School of Business each semester. Students who have a 2.5 cumulative grade point average or above (including transfer work, if any) are guaranteed admission.

Students who have completed 86 credits and have not been admitted to the major will not be allowed to enroll in 400- or 500-level courses.

Course of Study
All students must meet the UWM General Education Requirements (GER). See Academic Information.

General Education Foundation. This block of studies consists of the courses required outside the Lubar School of Business. Courses which satisfy the distribution requirements are listed under the Approved for GER Distribution List each semester in the Schedule of Classes. Students also must satisfy the GER Cultural Diversity Requirement. Three credits from either the humanities, social sciences or arts must be an approved cultural diversity course. Satisfaction of the Lubar School of Business distribution requirements will satisfy the University’s General Education Requirements (GER). The following requirements apply to students who began college in Fall 1994 or thereafter. Other students should contact the Undergraduate Student Services Center, Lubar Building, Room N297, for details regarding their General Education Requirements. Freshmen starting in the Fall 1999 semester or later must also meet the University Foreign Language Requirement.

English Composition
3-9 cr., English 102 (or equivalent) and English 205

Arts
3 cr.

Communications
3 cr., must complete Commun 103, Public Speaking, or Commun 105, Business and Professional Communications.

Humanities
6 cr.

Social Science
6 cr., only one 100- or 200-level economics course can be used to satisfy the Social Science requirement (excluding Econ 103 and 104). Human Resources majors must complete Psych 101.

Cultural Diversity
At least 3 credits of a designated cultural diversity course must be taken as part of either the arts, humanities, or social science requirement.

Natural Science
6 cr., must complete at least 2 courses, 1 of which must be a lab or field experience (excluding Math 211 or Math 231).

Math
4 cr., Math 211 (221, 226, or 231)

Economics
6 cr., Econ 103 and 104

Electives Credits
All business majors must complete a minimum of 11 credits in areas other than business and economics. Accounting and Human Resources Management majors are required to complete a minimum of 6 business elective credits; MIS majors are required to complete a minimum of 3 business elective credits; Finance, Marketing, and Production & Operations Management majors must complete a minimum of 9 business elective credits. The total number of elective credits is as follows:

Accounting

26

Finance

29

Human Resources Management

26

MIS

20

Marketing

29

SCOM

29

Business Administration Functional Courses, 18 credits (Accounting majors), 21 credits (all other majors). These courses provide a broad understanding of the various aspects of business and their relationship to the community and society.

Accounting Majors

201

Introduction to Financial Accounting
or  
207 Business Scholars: Introduction to Financial Accounting

350

Principles of Finance

or  
351 Business Scholars: Principles of Finance
360 Principles of Marketing
or

361

Business Scholars: Principles of Marketing

370 Operations Management
or  
371 Business Scholars: Operations Management

391

Business Law I

496

International Business

or  
465 International Marketing
or  
456 International Financial Management
or  
498 Study Abroad: Business Topics

All other majors

201

Introduction to Financial Accounting
or  
207 Business Scholars: Introduction to Financial Accounting
202 Managerial Accounting

350

Principles of Finance

or  
351 Business Scholars: Principles of Finance

360

Principles of Marketing

or  
361 Business Scholars: Principles of Marketing

370

Operations Management

or  
371 Business Scholars: Operations Management
391 Business Law I

496

International Business

or  
465 International Marketing
or  
456 International Financial Management
or  
498 Study Abroad: Business Topics

Administrative Analysis and Techniques, 18 credits. These administrative analysis and techniques courses provide skill in analytical tools and techniques and an understanding of the human relationships in business.

Accounting Majors

210

Introduction to Management Statistics
or  
211 Business Scholars: Introduction to Management Statistics

230

Introduction to Information Systems

or  
231 Business Scholars: Introduction to Information Systems

311

Quality and Process Improvement

or  
293 Business Ethics
or  
380 Introduction to Real Estate

320

Managerial Economics

or  
447 Entrepreneurship
or  
450 Intermediate Finance
or  
455 Financial Institutions
or  
456 International Financial Management
or  
482 Valuation of Real Estate
330 Organizations
or  
331 Business Scholars: Organizations
550 Management Analysis

All other majors

210

Introduction to Management Statistics

or

211 Business Scholars: Introduction to Management Statistics

230

Introduction to Information Systems

or  
231 Business Scholars: Introduction to Information Systems

311

Quality and Process Improvement

or  

320

Managerial Economics

330

Organizations

or  
331 Business Scholars: Organizations

550

Management Analysis

Major, 15-24 credits. The major prepares students for productive careers in business and provides specialized analytical skills and understanding for professional advancement. See individual majors for required courses. Please check with the Student Services Center (LUB N297) regarding the frequency of major course offerings.

Business Scholars Program, 21 credits

The Business Scholars Program allows outstanding business students to build a rich portfolio of academic, extracurricular and professional achievements. Students will build strong business competencies as well as enhanced communication and quantitative skills. International study is encouraged through the use of two-week study abroad opportunities.

Eligibility. To be admitted to the Business Scholars Program, the following requirements must be met: 1) A student must complete 24 credits with an overall cumulative grade point average of 3.3 (on a 4.0 scale), including completion of Math 211 (or equivalent) with a grade of B or better, completion of English 101 and 102 with a grade of B or better (or attainment of placement score of 525 or higher), and completion of Economics 103 with a grade of B or better; and 2) A student must submit an application that includes a one-page essay.  The application is available in the Undergraduate Student Services Center (LUB N297).

Requirements

Foundation Courses:  Bus Adm 207 (Business Scholars: Introduction to Financial Accounting), Bus Adm 211 (Business Scholars: Introduction to Management Statistics), and Bus Adm 231 (Business Scholars Introduction to Information Systems).

Core Courses (choose 2 from the following):  Bus Adm 331 (Business Scholars: Organizations), Bus Adm 351 (Business Scholars: Principles of Finance), Bus Adm 361 (Business Scholars: Principles of Marketing), and Bus Adm 371 (Business Scholars: Production and Operations Management).

Business Scholars Seminars: Complete two 400-level seminar courses or one 400-level seminar course and Bus Adm 498 (Study Abroad: Business Topics).

Continuation and Graduation Requirements.  Students must maintain a cumulative gpa of 3.25 or higher, complete a minimum of 21 credits of Business Scholars coursework, participate in Business Scholars activities, and meet with the Business Scholars academic advisor during the final before graduation to verify degree requirements are met.

Degree Requirements

Credits. A minimum of 120 credits is required for graduation for all majors. At least 50 percent of the business credit hours required for the business degree must be completed at UWM.

Grade Point Average. Students are required to earn at least a 2.0 overall GPA to graduate. Nonaccounting majors are required to maintain a minimum 2.0 GPA in all business and economics courses, as well as a 2.0 GPA in all business and economics courses completed at UWM, to be graduated.

Accounting majors must have earned a 2.5 GPA for all business and economics courses completed (including transfer credits), as well as a 2.5 GPA in all business and economics courses completed at UWM, to graduate.

Residence Requirements. Students must earn their last 30 credits at UWM. Effective January 1, 2000, BBA degree and major requirements must be completed within 10 years of initial enrollment at UW-Milwaukee. Should students not complete the degree and major within the 10-year timeframe, the students will switch to the most current degree and major requirements. A new 10-year timeframe would then begin.

Accounting

An accounting degree provides graduates with a challenging career path clearly pointed toward growth and opportunity. The new economy is creating new ways of working, living, and growing. Position yourself with a career that understands the questions the new economy poses.

Accounting graduates who take positions in public accounting firms provide management consulting, tax, and audit services to external clients. Other accounting graduates who take positions with industry and not-for-profit organizations work as part of the management team providing information for decision support and performance evaluation. Accountants within organizations specialize in tax reporting and planning. Students desiring to become a Certified Public Accountant (CPA) must complete 150 credits. In most cases, a student will combine a 120-credit undergraduate accounting degree with a graduate degree program.

For the major in accounting, 21 credits are required beyond the 3 credits of Bus Adm 201 (Introduction to Financial Accounting). A grade of "B" or better in Bus Adm 201 is required to enroll in Bus Ad 301 (Intermediate Accounting). A grade of "B" or better in Bus Adm 301 is required to enroll in Bus Adm 402, 404, and 409.

Required Core Courses
All students majoring in accounting must complete the following accounting core courses:

Bus Adm 301

Intermediate Accounting 3
Bus Adm 402 Advanced Financial Accounting 3

Bus Adm 404

Cost Management

3

Bus Adm 405

Income Tax Accounting I

3

Bus Adm 406 Income Tax Accounting II 3

Bus Adm 408

Accounting Information Systems

3

Bus Adm 409

Auditing: Procedures and Applications

3

Total

21

Business Electives (6 cr.) Students must complete 6 business elective credits. Bus Adm 400 (Accounting Internship) may be utilized in this area.

Additional Notes: Students who have completed Bus Adm 404 will not be allowed to complete Bus Adm 202 for credit.

Finance

The finance major provides the needed tools to work in investment management, corporate financial management, and banking. Position titles for finance majors include loan officers, mortgage review officers, stockbrokers, bond and security analysts, and ultimately chief financial officers. Finance majors are increasingly taking and passing the Chartered Financial Analysts (CFA) examination. Thorough training in finance and related fields provides the practical and theoretical background needed to succeed in the fast-paced and fascinating world of domestic and international finance.

The finance major highlights two tracks of concentration: investments and corporate finance. Investment management has been revolutionized by rapid advances in computerization. Modern investment theory of portfolio selection, asset pricing models, pricing of options and other derivative securities, and views on the efficiency of security markets has provided major improvements in investment management practice.

Other finance majors may concentrate in corporate finance. Corporate financial officers oversee the efficient allocation of funds within enterprises and borrow funds on the most favorable terms through banks, corporate paper, bonds, or new stock issues. Corporate financial managers examine corporate policies toward dividends, debt leverage, and agency conflicts between firm stakeholders.

For the major in finance, a minimum of 15 credits is required beyond the 3 credits of Bus Adm 350. It is recommended that Bus Adm 350 (Principles of Finance) be taken in the first semester of junior status. Bus Adm 450 (Intermediate Finance) is a prerequisite or corequisite for several courses in the finance major. Accordingly, finance majors should enroll in Bus Adm 450 soon after completing Bus Adm 350.

Required Courses

Bus Adm 450

Intermediate Finance 3

Bus Adm 451

Investment Finance

3

Bus Adm 455

Financial Institutions

3

Major Electives (choose 2 from the following list of courses)

Bus Adm 301

Intermediate Accounting 3

Bus Adm 453

Corporate Finance Seminar

3

Bus Adm 454

Advanced Investment Finance

3

Bus Adm 456

International Financial Management*

3

Bus Adm 457

Financial Modeling

3
Bus Adm 458 Venture Finance 3

Bus Adm 481

Real Estate Finance

3

Total

 

15

Business Electives (9 cr). Students must complete 9 additional credits in the Lubar School of Business. A Finance Internship (Bus Adm 459) may be utilized in this area. Additional courses may be taken in the major area to assist the completion of Business electives.

*If Bus Adm 456 is selected as the International Business Functional Area course, students must choose a different finance elective to complete the major.

Human Resources Management

Human resource managers are increasingly relied upon to make optimal decisions about such topics as motivation and productivity of employees, compensation, and performance appraisals. This field is particularly challenging due to the diverse interests of management, labor, consumers, regulatory agencies, political constituents, and environmental issues in a competitive, global economy.

This major prepares students for entry-level careers in either generalist or specialist areas of human resources management. The curriculum provides a framework through which students learn how human resource management decisions affect, and are affected by, virtually all other management decisions.

The major in human resources management requires 18 human resources management credits beyond the 3 credits of Bus Adm 330 (Organizations).

Required Course

Bus Adm 444

Human Resources Management

3

Major Electives (choose 3 from the following list of courses)

Bus Adm 440

Compensation 3

Bus Adm 441

Diversity in Organizations

3

Bus Adm 445

Training and Development

3

Bus Adm 448

Staffing Human Resources

3

Econ 415

Economics of Employment and Labor Relations

3

Other HRM Electives (choose 2 courses from the HRM elective list above or from the following list of courses):

Bus Adm 442 Industrial Psychology 3

Bus Adm 443

Special Topics in HRM (can be repeated for credit only with a change in topic)

3

Bus Adm 446

Union-Management Relations

3

Econ 341

Labor Relations and Collective Bargaining

3

Econ 447 (451)

Labor Economics

3

Econ 448 (478)

Economics of Human Resources

3

Comm 300

Interviews and Interviewing

3

Comm 327 Instructional Communication for Human Resource Trainers 3
Comm 627 Designing and Developing Communication Courses and Programs 3

Psych 325

Research Methods in Psychology

3

Total

 

18

Business Electives (6 cr). Students must complete 6 additional credits in the Lubar School of Business. A Human Resources Management Internship (Bus Adm 449) may be utilized in this area. Additional courses may be taken in the major area to assist the completion of Business electives.

Human Resources Management majors are required to complete Psych 101, Introductory Psychology, as part of their Social Sciences requirement.

Management Information Systems

The Management Information Systems (MIS) degree provides undergraduate MIS students with the knowledge needed to develop creative and effective information technology (IT) solutions, based on a thorough comprehension of business problems and opportunities.

To that end, students are provided with a strong technical foundation in contemporary approaches to business application systems development—which includes planning, analysis, design, project management, programming, maintenance, and support—using state-of-the-art technologies, tools and techniques. In addition, there is an emphasis on the communication skills and teamwork critical to client understanding and satisfaction.

The MIS program is intended to be the first step in a lifelong learning experience in the exciting and dynamic field of information technology. It provides a strong foundation for advancement and success in IT careers and ventures..

The major in MIS requires 24 MIS credits beyond the 3 credits of Bus Adm 230 (Introduction to Information Systems) or 231 (Business Scholars: Introduction to Information Systems). A grade of "C" or better in Bus Adm 230/231 is required to enroll in Bus Adm 335; a grade of "C" or better in Bus Adm 335 is required to enroll in advanced MIS courses.

Required Courses (12 credits)

Bus Adm 335 Visual System Development 3

Bus Adm 432

Object-Oriented Systems Development

3

Bus Adm 434

Database Management Systems

3

Bus Adm 436

Systems Analysis and Design

3

Major electives (12 credits)

At least four of the following courses:

Bus Adm 433 Information Technology Project Management 3

Bus Adm 435

Emerging Information Technologies

3

Bus Adm 438

Management Information Systems Topics

3

Bus Adm 439

Management Information Systems Internship

3

Bus Adm 530

Introduction to eBusiness

3

Bus Adm 531

Developing Web Applications Using Web Services

3

Bus Adm 532

Web Development for Open Business Systems

3

Bus Adm 533

Information Technology Infrastructure for Business

3

Bus Adm 534

Advanced Information Technology Project Management

3

Bus Adm 535

Global Information Systems Management

3

Bus Adm 536

Business Intelligence

3

Bus Adm 537

Enterprise Systems Concepts and Issues

3

Bus Adm 538

Business Process Integration

3

Bus Adm 539

Web Application Server Development

3

Total

 

24

Business Electives (3 cr). Students must complete 3 additional credits in the Lubar School of Business. An additional course may be taken in the major area to assist the completion of Business electives.

Students should refer to the Lubar School of Business website for suggested grouping of electives to complete an emphasis in Enterprise Resource Planning, Project Management, or Web-Based Systems: http://www.uwm.edu/Dept/Business/programs/bba/bbamis.html

Marketing

Marketing is a key factor contributing to the success of any business organization. It is the dynamic and creative process of the development, pricing, promotion, and distribution of products and services to satisfy customer and organizational objectives. Effective marketing requires an integration of eclectic knowledge and the skills pertinent to understanding consumer behavior, planning and analyzing marketing research data, strategic thinking, and managing people. Graduates of the marketing major find an exciting and broad spectrum of career opportunities in brand/product management, industrial selling, retailing, sales management, advertising, marketing research, customer-service management, and others.

The major in marketing requires 15 marketing credits beyond the 3 credits of Bus Adm 360 (Principles of Marketing).

Required Courses

Bus Adm 461

Consumer Behavior

3

Bus Adm 462

Marketing Research

3

Bus Adm 463

Marketing Management

3

Major Electives (choose 2 from the following list of courses)

Bus Adm 464

Management of Promotion

3

Bus Adm 465

International Marketing*

3

Bus Adm 466

Business to Business Sales and Marketing

3

Bus Adm 467

Marketing Seminar

3

Bus Adm 468

Internet Marketing

3

Bus Adm 469

Marketing Internship

3

Total

 

15

Business Electives (9 cr). Students must complete 9 additional credits in the Lubar School of Business. Additional courses may be taken in the major area to assist the completion of Business electives.

*If Bus Adm 465 is selected as the International Business Functional Area course, students must choose a different marketing elective to complete their major.

Supply Chain and Operations Management

Supply chain management is the integration of all key business processes from original suppliers through end users, and provides products, services, and information that add value for customers and other stakeholders. It includes the supply, storage, and movement of materials, information, personnel, equipment, and finished goods within the organization and between its environment. The operations function, within the supply chain, relates to the creation of goods and services through efficient and effective use of personnel, material, and machines, and includes acquisition of resources, planning of production and inventory levels, scheduling of work assignments, and the control of production and quality. Recent concepts in supply chain and operations management include lean operations, six sigma, ERP, and mass customization.

The major in Supply Chain and Operations Management (SCOM) requires 15 credits beyond the 3 credits of Bus Adm 370 (Operations Management) or Bus Adm 371 (Business Scholars: Operations Management).

Required Courses

Bus Adm 471 Enterprise Resource Planning and Control 3

Bus Adm 473

 

Supply Chain and Operations Management

3

Bus Adm 474

Spreadsheet Applications in Operations Management

3

Major Electives (At least 2 from the following courses):

Bus Adm 472

Special Topics in Supply Chain and Operations Management

3

Bus Adm 475

Operations Strategy

3

Bus Adm 479

Supply Chain and Operations Management Internship

3

or

Bus Adm 499

Research in Industry

3

Total

 

15

Business Electives (9 cr). Students must complete 9 additional credits in the Lubar School of Business. Additional courses may be taken in the major area to assist the completion of Business electives.

Real Estate and Urban Development

The Lubar School of Business no longer offers the real estate major (effective January 1, 2000). Please see "Certificate in Real Estate."

Double Majors
Students majoring in business administration may pursue a double major in a second area of the Lubar School of Business. The double major can be declared in the Lubar Hall N297; the advising staff in the Undergraduate Student Services Center will explain this option and discuss the curriculum required.

General Business Minor
A General Business Minor consisting of 27 credits in business and economics is available to provide a professional business education dimension to nonbusiness students at UWM schools and colleges.

Required Courses (24 credits)

Econ 103 Principles of Microeconomics 3

Econ 104

Principles of Macroeconomics

3

Bus Adm 201

Introduction to Financial Accounting

3

Bus Adm 210

Introduction to Management Statistics*

3

Bus Adm 230

Introduction to Information Systems

3

Bus Adm 330

Organizations

3

Bus Adm 350

Principles of Finance

3

Bus Adm 360

Principles of Marketing

3

Elective (3 credits)

Bus Adm 202 Managerial Accounting 3
Bus Adm 305 Tax and Personal Financial Planning 3
Bus Adm 320 Managerial Economics 3
Bus Adm 335 Visual System Development 3
Bus Adm 391 Business Law I 3
Bus Adm 444 Human Resources Management 3
Bus Adm 447 Entrepreneurship 3

Bus Adm 450

Intermediate Finance

3

Bus Adm 455

Financial Institutions

3

Bus Adm 461

Consumer Behavior

3

Bus Adm 496

International Business

3

OR any 300- or 400-level Bus Adm course for which prerequisites are met.

Total

 

27

*Or equivalent.

At least 12 credits for the General Business Minor must be completed at UWM. You must also complete all 27 credits with an overall grade point average of at least 2.25. No courses may be taken on a credit/no credit basis.

Postbaccalaureate General Business Minor

The General Business Minor is available at the postbaccalaureate level. Students requiring no more than 6 credits to complete the minor are eligible. At least 12 credits for the postbaccalaureate General Business Minor must be completed at UWM. A minimum of 3 postbaccalaureate credits must be completed at UWM. A minimum overall GPA of 2.250 on all General Business Minor courses must be earned; a minimum UWM postbaccalaureate GPA of 2.000 is required.

Interested students should contact the academic advisors in Room N297 of Lubar Hall (229-5271) for further details.

Certificate Programs

Certificate in International Business

The Certificate in International Business is designed to offer UWM students the opportunity to complement their major field of study with an additional concentration in international business. Students will take a coordinated series of international courses and receive a certificate that signifies their knowledge in this area.

To obtain the certificate, the student must complete a minimum of 15 approved international business credits while fulfilling all requirements of the baccalaureate degree, including UWM’s foreign language requirement. Any student in good standing at the University of Wisconsin-Milwaukee is eligible to participate in the certificate program. Non-business majors will need at least 15 prerequisite credits of business coursework, in addition to Econ 103 and 104, to complete this certificate.

Completing the certificate requires the following:

The following three courses* (9 credits):

Bus Adm 465** International Marketing 3

Bus Adm 456**

International Financial Management

3

Bus Adm 496

International Business

3

and at least two additional internationally oriented courses (6 credits) from the following list:

Bus Adm 427 International Accounting 3
 

Bus Adm 467**

 

Marketing Seminar (Inernational topics only)

3

Bus Adm 497***

Study Abroad (International topics only)

3

Bus Adm 498 Study Abroad: Business Topics 3
Bus Adm 495*** Special Topics in Business (International topics only) 3

Econ 351 (396)

Introduction to International Economic Relations

3

Econ 454 (464)

International Trade

3

Pol Sci 316 International Law 3

Pol Sci 330

The Politics of International Economic Relations

3

Global 311

Contexts for Global Management

3

Global 411 Cross-Cultural Management 3
Intl Studies 350 Regional Seminar in International Studies 3

*Students majoring in business administration and completing an International Business Certificate can count Bus Adm 496 toward their International Business functional area course requirement.

**A business student may count no more than 6 credits from a major towards a business certificate.

***Repeatable for credit with a change in topic up to 6 credits.

Note: Non-business students will need at least 15 prerequisite credits from the Lubar School of Business in addition to Econ 103 and 104 to complete this certificate. Bus Adm 456 requires Bus Adm 350 (which requires Econ 103, Econ 104, Bus Adm 201, and Bus Adm 210 or equivalent); Bus Adm 465 requires Bus Adm 360 (which also requires Econ 104); and Bus Adm 496 requires Bus Adm 330 (plus 350 and 360).

Students must complete all coursework required for the certificate with at least a 2.50 GPA to have the certificate posted on the transcript at graduation. At least half of the credits required for the certificate must be taken in residence at UWM. No courses may be taken on a credit/no credit basis.

Students interested in the certificate program should contact the Lubar School of Business Undergraduate Student Services Center and make a formal declaration of their intentions. The office is located in Room N297 of Lubar Hall (414-229-5271); the email address is uwmbba@uwm.edu.

Certificate in Real Estate

The Real Estate Certificate is designed to offer business students the opportunity to complement their major field of study with an additional concentration in real estate. Students completing the Real Estate Certificate will have coursework in real estate finance, valuation and property development, as well as real estate law. With this background in addition to a major field, careers in mortgage banking and commercial real estate lending, commercial leasing and brokerage, appraisal and valuation, real estate investment analysis, and property development and management are available to students planning to focus on real estate issues.

To obtain the certificate, you must complete a minimum of 15 approved real estate credits while fulfilling all requirements of the baccalaureate degree. The certificate is open to all undergraduate business and non-business majors, and to students who have previously earned a bachelor’s degree from UWM or any accredited college or university.

Completing the certificate requires the following five courses* (15 credits):

Bus Adm 380 Introduction to Real Estate Markets 3

Bus Adm 481

Real Estate Finance

3

Bus Adm 482

Valuation of Real Estate

3

Bus Adm 483

Property Development and Management

3

Choose one elective course:

Bus Adm 484

Real Estate Law

3

or

Bus Adm 485

Environmental Issues in Real Estate

3

*Business students completing a real estate certificate may utilize the courses as part of their business elective requirements. Note: Non-business majors are required to complete Macroeconomics (Econ 104) in order to fulfill requirements for this certificate. It also is recommended that students complete Introduction to Financial Accounting (Bus Adm 201) and Principles of Finance (Bus Adm 350) prior to taking Real Estate Finance (Bus Adm 481). A business minor also satisfies the prerequisite coursework for non-business students.

All coursework required for the Real Estate Certificate must be completed with at least a 2.50 GPA in order to post the certificate on the transcript. At least half of the credits required for the certificate must be taken in residence at UWM. No courses may be taken on a credit/no credit basis. Students interested in the certificate program should contact the Lubar School of Business Undergraduate Student Services Center to make a formal declaration of their intention. The office is located in Room N297 of Lubar Hall (414-229-5271); the email address is uwmbba@uwm.edu.

Certificate in Entrepreneurship

The Entrepreneurship Certificate is designed to offer UWM students the opportunity to complement their major field of study with an additional concentration in entrepreneurship. Students will take a coordinated series of courses and receive a certificate that signifies their knowledge in this area.

To obtain the certificate, the student must complete a minimum of 15 approved entrepreneurship credits while fulfilling all requirements of the baccalaureate degree. The certificate is open to all students in good standing seeking a bachelor’s degree at the University of Wisconsin-Milwaukee and to all students who have previously received a bachelor’s degree from UWM or any other accredited college or university. Non-business majors will be required to register for and complete 12 additional credits to fulfill the requirements for this certificate.

Completion of the certificate requires the following four courses (12 credits):

Bus Adm 447 Entrepreneurship 3

Bus Adm 458*

Venture Financing

3

Bus Adm 466*

Business to Business Sales and Marketing

3

Bus Adm 492

Business Modeling of New Ventures

3

and one of the following courses (3 credits)

Bus Adm 380 Introduction to Real Estate Markets 3

Bus Adm 444*

Human Resources Management

3

Bus Adm 450* Intermediate Finance 3

Bus Adm 462*

Marketing Research

3

Bus Adm 465*

International Marketing

3

Bus Adm 467*

Marketing Seminar

3

Bus Adm 490

Entrepreneur Internship

3

Bus Adm 495 Special Topics in Business (Entrepreneurship Topics only) 3

*A business student may count no more than 6 credits from a major towards a business certificate.

Students must complete all coursework required for the certificate with at least a 2.50 GPA to have the certificate posted on the transcript at graduation. At least half of the credits required for the certificate must be taken in residence at UWM. No courses may be taken on a credit/no credit basis

Students interested in the certificate program should contact the Lubar School of Business Undergraduate Student Services Center and make a formal declaration of their intentions. The office is located in Room N297 of Lubar Hall (414-229-5271); the email address is uwmbba@uwm.edu.

Joint Degree Program

A student who plans to pursue a joint degree business program with another UWM college or school should seek advising early to design an appropriate program. The student must concurrently complete all requirements for the degree in the area other than the Lubar School of Business, as well as the requirements in the Lubar School of Business, as indicated in the requirements for a "Second Bachelor’s Degree."

A student electing to pursue a joint degree should submit a proposed program of study to the Lubar School of Business as soon as possible.

Academic Regulations

For information on the University-wide Academic Action Policy and honors for scholarship, see Academic Information.

Semester Course Load. A full-time undergraduate student in business administration takes a class load of 12 to 18 credits.

Other Options

Second Bachelor’s Degree. A student with an accredited bachelor’s degree may work toward a second bachelor’s degree in the Lubar School of Business. Interested students should contact the academic advisors in Room N297 of Lubar Hall for further details. The second bachelor degree program is not offered in accounting.

Degree requirements include completion of these BBA requirements: functional courses, administrative analysis and techniques courses, a professional major, and mathematics and economics courses. Of these, at least 30 credits must be earned in residence at UWM classified as a second degree candidate beyond the studies of the first degree. Students may receive credit towards a second bachelor’s degree for course work taken in equivalent areas at other institutions. However, at least 50 percent of the business credit hours required for the business degree must be completed at UWM.

Business Special Student Opportunities. Business Special Student status is available to applicants who have earned a baccalaureate degree at an accredited university or college. Also eligible for consideration are students needing one or two courses to complete a degree from another accredited institution. Business Special Students are eligible to take undergraduate courses only.

Applications should be submitted directly to the Lubar School of Business (Room N297, Lubar Hall) and should include: 1) an official degree transcript of undergraduate work, 2) official transcripts of graduate and other work completed, and 3) a statement of goals and objectives as a special student, along with a listing of requested courses. Applications are reviewed weekly. Applicants without a degree who wish to take one or two courses in order to graduate from another institution must also submit a statement from their advisor, on official letterhead, verifying the circumstances and courses required.

Postbaccalaureate Opportunities. Students who have completed a BBA degree at UWM can return to the campus and complete an additional business major. Students who have completed a bachelor’s degree in business at other accredited universities can earn a Certificate of Major in the School. The Certificate of Major consists of a minimum of 12 UWM degree credits. The additional major option is not available in accounting.

Academic and Career Counseling

To meet the needs of a diverse student population, the Lubar School of Business schedules classes throughout a 14-hour day, offers access to many internship and part-time job opportunities, and provides an array of services.

Academic Advising Services. The Undergraduate Student Services Center, located on the second floor (Room N297) of Lubar Hall (phone 414-229-5271), offers academic counseling with six professional staff members who are familiar with the curriculum and the special needs of business students. They provide services such as freshman orientation, program advising, course selection, registration guidance, and credit transfer. The Center’s six full-time academic advisors are trained to provide all the technical information needed for students to make their own decisions regarding their education.

It is, however, the responsibility of the student to satisfy all requirements for graduation from the Lubar School of Business. All students should meet with an academic advisor on at least a semesterly basis. The advisors are a knowledgeable and supportive resource for students. The Center has late hours on Mondays and Tuesdays during the academic year, and the staff is available on an appointment or walk-in basis.

Career Services. The Lubar School of Business Career Services Center, located in Room N203 of Lubar Hall, complements the services offered by UWM’s Career Development Center and meets the special needs of business students. Interview facilities are provided to firms hiring Business School graduates, and the center’s staff helps students prepare for professional employment through internship programs and part-time employment referrals. Internship positions and job requests are posted on a special bulletin board, which is maintained by the School as a service to students and to businesses which have specifically requested UWM business students to fill positions. The Career Services Center also provides a resume referral service. Potential employers may request resumes by functional area or by special interests within functional areas.

On-line national job searches and an alumni placement service are other services offered. Please call 414-229-5445 for further information.

Student Organizations

There are many professional fraternities, clubs and honorary organizations for students interested in business administration. These organizations offer the student an opportunity to gain practical understanding from professionals working in a chosen field. Organizations at UWM related to business administration are:

Alpha Kappa Psi – national professional business administration fraternity.

American College of Healthcare Executives – student chapter of national organization for students in MS-Health Care Management program.

American Marketing Association – campus chapter of the national professional organization of the same name.

American Production and Inventory Control Society (APICS) – campus chapter of the national professional organization of the same name.

American Society for Quality Control – student chapter for students interested in participating in programs in the professional quality community.

Association of Information Technology Professionals – campus chapter of the national organization for students interested in management information systems.

Beta Alpha Psi – national professional honor society for students majoring in accounting.

Beta Gamma Sigma – national scholastic honor society for business administration students.

Collegiate Entrepreneurs Organization – national network for students interested in owning and running a business.

Delta Sigma Pi – professional fraternity open to all business or economics students.

Graduate Business Association – open to all MBA, MS, and Ph.D. students.

National Association of Black Accountants, Inc. – campus chapter of the national professional organization of the same name.

Society for Human Resources Management – campus chapter of the national organization for students interested in careers in personnel/human resources.

Sports Business Association - for undergraduate business students interested in careers within the sports industry.

Student Investment Club – for undergraduate students interested in finance.

Student Tax Association – for undergraduate or graduate students interested in tax.

Student Academic Appeals

Students may appeal an academic action to the appropriate curriculum committee. An appeal is a request for an exception to an established policy or rule. The content of each appeal is carefully reviewed in order to reach a decision. Appeals should be submitted in writing to the School’s Student Services Center. Undergraduate student appeals are reviewed by the School’s Undergraduate Program Committee’s Appeals Subcommittee. Students are advised in writing of the decision of the Committee. The Appeals Subcommittee considers individual cases concerning the degree requirements and other academic rules and regulations established by the Lubar School of Business faculty.

The Lubar School of Business has established written procedures for undergraduate student academic grievances. Copies of the grievance procedure are available in the Student Services Center. As a first step, students must discuss the grievance with the faculty member or administrator within 30 working days from the date of the action that prompted the grievance.

Faculty and Staff

Administration

V. Kanti Prasad
Dean

Janice Miller
Associate Dean, Academic Affairs

Mark Mone
Associate Dean, Executive Programs

Robert W. Ellis
Assistant Dean, Student Affairs

Barbara Fitzgerald
Assistant Dean, Business Affairs

Faculty and Staff

Mary Alberti
Outreach Program Manager

Layth C. Alwan, Assoc. Prof., Ph.D.
University of Chicago

Esther Ancel, Sr. Lect. Emerita, Ph.D.

Patricia J. Arnold, Assoc. Prof., Ph.D., CPA
University of Wisconsin-Madison

Bruce A. Bender, Prof., Ph.D.
University of Chicago

David Berg, Asst. Prof., Ph.D.
University of Minnesota

Amit Bhatnagar, Asst. Prof., Ph.D.
State University of New York at Buffalo

Janice Blankenburg, E.M.B.A.
Washington University

Kelly Drout
Career Advisor

Rita H. Cheng, Provost and Vice Chancellor of
Academic Affairs, Ph.D., CPA
Temple University

Brian Daugherty, Asst. Prof., Ph.D.
University of Texas at San Antonio

Eric Dietenberger
Information Processing Consultant

Xiang Fang, Asst. Prof., Ph.D.
Case Western Reserve University

Russell W. Fenske, Prof. Emeritus, Ph.D.

Paul M. Fischer, Jerry Leer Prof., Ph.D., CPA
University of Wisconsin-Madison

Sarah J. Freeman, Assoc. Prof., Ph.D.
University of Michigan

Dennis H. Gensch, Prof. Emeritus, Ph.D.
Northwestern University

Sanjoy Ghose, Prof., Ph.D.
Carnegie-Mellon University

Maria Goranova , Asst. Prof., Ph.D.
Syracuse University

Nance Gusavac
Administrative Affairs Coordinator and Ph.D. Program Coordinator

Timothy C. Haas, Assoc. Prof., Ph.D.
Colorado State University

Chadwick J. Haberstroh, Prof. Emeritus, Ph. D.

William D. Haseman, Wisconsin Distinguished Prof., Ph.D.
Purdue University

John Healy, Lect., M.S.
University of Wisconsin-Milwaukee

Brian Hinshaw
Academic Advisor

Der-Ann Hsu, Prof., Ph.D.
University of Wisconsin-Madison

Hemant K. Jain, Wisconsin Distinguished Prof., Ph.D.
Lehigh University

Thomas Jeske
Director of Graduate and Undergraduate Student Services

Guy W. Johnson
Director, Executive MBA Program

Yi-Ching Kao, Asst. Prof., Ph.D.
University of Texas at Dallas

James Kasum, Senior Lect., Ph.D.
University of Wisconsin-Milwaukee

Diane Kavalauskus
Career Advisor

Yong-Cheol Kim, Assoc. Prof., Ph.D.
Ohio State University

Paul D. Kimmel, Assoc. Prof., Ph.D., CPA
University of Wisconsin-Madison

Dawn M. Koerten
Academic Affairs Coordinator

Charles A. Konkol, Senior Lect., M.S., CPA
University of Wisconsin-Milwaukee

Robert M. Kozub, Assoc. Prof., DBA, CPA
University of Kentucky

Greg Krejci
Career Services Director

Leslie Kren, Assoc. Prof., Ph.D., CPA
University of Houston

Keith Kunkel
Information Processing Consultant

Joanne Lazirko, Lect., M.S.
University of Wisconsin-Milwaukee

J. A. Leer, Prof. Emeritus, M.B.A., CPA

Edward Levitas, Asst. Prof., Ph.D.
Texas A&M University

Sali Li, Asst. Prof., Ph.D.
University of Utah

Richard D. Marcus, Assoc. Prof., Ph.D.
University of Chicago

Michael McBain, Senior Lect., Ph.D.
University of Massachusetts, Amherst

Janice Miller, Assoc. Prof. and Assoc. Dean, Ph.D.
Arizona State University

Rachael Moebius
MBAIMS Academic Advisor

Mark A. Mone, Prof. and Assoc. Dean, Ph.D.
Washington State University

Samar Mukhopadhyay, Assoc. Prof., Ph.D.
University of Texas at Austin

Derek L. Nazareth, Assoc. Prof., Ph.D.
Case Western Reserve University

Jeffrey Neuhauser
MBA/MS Academic Advisor

Lilian Ng, Hans Storr Prof., Ph.D.
University of Pennsylvania

Ralitza Nikolaeva, Asst. Prof., Ph.D.
Purdue University

Paul C. Nystrom, Prof. Emeritus, Ph.D.

Purushottam Papatla, Assoc. Prof., Ph.D.
Northwestern University

Laura A. Peracchio, Prof., Ph.D.
Northwestern University

Lisa Peterson
Administrative Program Specialist

Kristine J. Piwek
Program Manager, Office of the Dean

Chee Pluster
Human Resources Manager

Rachel Pocras
Senior Administrative Specialist

Cathy Poliak, Lect., Ph.D.
Northern Illinois University

V. Kanti Prasad, Dean and Bostrom Prof., Ph.D.
Michigan State University

Richard Priem, Manegold Prof., Ph.D.
University of Texas at Arlington

Atis Purins
Senior Information Processing Consultant

Belle R. Ragins, Prof., Ph.D.
University of Tennessee at Knoxville

Keshavamurthy Ramamurthy, Prof., Ph.D.
University of Pittsburgh

Raymond Rausch, Lect., J.D.
Marquette University

Kristine Raymond
Senior Academic Advisor

Will Rayms, Prof. Emeritus, Ph.D.

L. Winston Ring, Prof. Emeritus, Ph.D.

Torsten Ringberg, Asst. Prof., Ph.D.
Pennsylvania State University

Kristin Roosevelt
Academic Advisor

Jeffrey Rymaszewski, Lect., M.S.
University of Wisconsin-Milwaukee

Georgia Saemann, Assoc. Prof., Ph.D., CPA
Michigan State University

Sarah M. Sandin
MBA/MS Program Manager

Michael S. Schadewald, Assoc. Prof., Ph.D., CPA
University of Minnesota

Gail Schemberger
Assoc. Admin. Program Specialist

James R. Schaefer, Prof. Emeritus, Ph.D.

Joslyn Schiedt
Senior Academic Advisor

Eric Schenker, Prof. Emeritus and Dean Emeritus, Ph.D.

Margaret Shaffer, Notebaert Distinguished Chair of
International Business & Global Studies, Ph.D.
University of Texas at Arlington

Sol S. Shalit, Assoc. Prof. Emeritus, Ph.D.

Valeriy Sibilkov, Asst. Prof., Ph.D.
Purdue University

Romila Singh, Asst. Prof., Ph.D.
Drexel University

Atish Sinha, Assoc. Prof., Ph.D.
University of Pittsburgh

John Palmer Smith, Senior Lect., Ph.D.
Columbia University

Ehsan S. Soofi, Prof., Ph.D.
University of California, Riverside

Howard Spearman
Sr. Academic Advisor and Multicultural Program Coordinator

Mark Srite, Assoc. Prof., Ph.D.
Florida State University

Dennis Sterling
Director, Executive Programs

William J. Taylor, Asst. Prof. Emeritus, Ph.D., CPA

Terese Teachout
Administrative Specialist

Qinghai Wang, Asst. Prof., Ph.D.
Ohio State University

C. Edward Weber, Prof. Emeritus, Ph.D.

Karin Wedell
Accountant

Andrea Wrench
Academic Advisor

Xiaojing Yang, Asst. Prof., Ph.D.
Indiana University

Xiaohang Yue, Asst. Prof., Ph.D.
University of Texas at Dallas

Fatemah (Mariam) Zahedi, Wisconsin Distinguished Prof., DBA
Indiana University

Huimin Zhao, Asst. Prof., Ph.D.
University of Arizona

 



University of Wisconsin-Milwaukee Undergraduate Catalog 2008-09:
Sheldon B. Lubar School of Business
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