Dean: Carl C. Moore (460-6419)
Associate Dean and Director of Graduate Studies: W. Randolph Flynn (460-6418)

Departments of Instruction

Department of Accounting
Department of Economics
Department of Finance
Department of Management
Department of Marketing and Transportation

MISSION, GOALS AND OBJECTIVES
As an integral component of a comprehensive, urban university, the mission of the College of Business and Management Studies is to contribute to the personal and professional development of our students and citizens, the economic development of the region, and the continuing success of the University. We accomplish this mission through the delivery of instructional programs of high quality, faculty scholarly activities, and provision of a range of external services.

PRIORITIES
I. Instruction
The highest responsibility of the College is the instruction of its students and primary emphasis is placed on excellent teaching. In so doing, the College affirms its commitment to the University focus on excellence, lifelong learning and the education of the whole person. The College fulfills its instructional mission through the B.S. degree program for undergraduates and the M.B.A. and Master of Accounting programs at the graduate level.

II. Intellectual Contributions
The College encourages and supports faculty basic and applied scholarship as well as instructional development for the purposes of expanding knowledge, enhancing classroom instruction, and contributing to regional economic development. Scholarship is broadly defined to include investigative efforts that lead to the origination, the integration, or the application of knowledge pertinent to the various fields of business. A program of continuing scholarship is the responsibility of each faculty member. The College is responsible for using its resources, including faculty recruiting, to encourage, support, and reward faculty scholarship.

III. Service
The College's service mission is to engage in activities which support and contribute to the development of the University, community and region, and to provide a vehicle for the continuing development of faculty and staff through interaction with the College's numerous constituents. This mission is accomplished through participation in the College's external program, and through the efforts of individual faculty and staff.

The College of Business and Management Studies offers the degrees of Bachelor of Science, Master of Accounting and Master of Business Administration.

The foundation of the College is quality instruction in all undergraduate and graduate programs. Our instructional mission is to prepare our graduate and undergraduate students for professional careers in the fields of accounting, economics, finance, management, marketing, and transportation through a curriculum designed for both broad exposure to each field and in-depth coverage within a specific field of choice.

BUSINESS RESOURCES CENTER
The Business Resources Center directs the professional and management development programs of the College. These include a variety of business seminars and programs for professional organizations, industrial firms, and the business community.

CENTER FOR BUSINESS AND ECONOMIC RESEARCH
The Center for Business and Economic Research (CBER) publishes a monthly newsletter showing trends in local business and visitor activities; maintains a community database; publishes faculty working papers; and undertakes applied business and economic research in cooperation with the state and local agencies.

SMALL BUSINESS DEVELOPMENT CENTER
The University of South Alabama Small Business Development Center is one of eleven Small Business Development Centers located in universities around the State. Funded jointly by the Small Business Administration and the University, the Center offers business services to business people in a six-county area of southwest Alabama. The SBDC provides free one-on-one counseling, and conducts workshops that address the problems of the business community.

CAREER SERVICES CENTER
The University Career Services Center acts as a liaison between employers and students. Business and professional firms of national significance visit the campus regularly to interview prospective graduates. The Center maintains an office in the College of Business and Management Studies to assist students.

SCHOLARSHIPS
Scholarships for eligible students in the College of Business and Management Studies are made available by local and regional firms in Accounting, Marketing, Real Estate, Transportation, and Data Processing. (Refer to Financial Aid section of the Bulletin for details.)

COOPERATIVE EDUCATION PROGRAM
The Cooperative Education Program is available to students in the College of Business and Management Studies. This program offers qualifying students opportunities to work part-time while attending school as a full-time student or alternate full-time employment with course work on a rotating semester basis. For details write the Director, Cooperative Education Office, University of South Alabama, Mobile, Alabama 36688-0002

ADMISSION TO THE COLLEGE OF BUSINESS AND MANAGEMENT STUDIES
Students may transfer from other colleges in the University to the College of Business and Management Studies. Degree requirements are defined by the University Bulletin in effect for the semester of entry into the College.

A student's counseling file must be available for evaluation of courses required for a degree in Business.

TRANSFER STUDENTS
The Office of Student Services of the College of Business and Management Studies evaluates for credit all courses transferred from other colleges and universities. Degree credit will be given only for those courses which meet the requirements for the degree program of the College.

Students transferring from a junior college may have a maximum of 64 semester hours accepted toward the degree program. No junior- or senior-level courses listed in the curriculum of the College of Business and Management Studies will be accepted from a junior college for degree credit.

A required course in which a "D" was earned at another institution must be repeated in the College of Business and Management Studies.

STUDENTS RESPONSIBILITY AND ADVISING
Each student is responsible for meeting all requirements of the degree program. Before registering for any course students must complete any prerequisites listed in course descriptions listed in the University of South Alabama Bulletin. The Office of Student Services is available to all students for the evaluation of their degree-program record. When an exception is made in a student's program, written approval of the exception by the Associate Dean must be placed in the student file. Failure to properly document exceptions may delay graduation.

Each student enrolled in the College of Business and Management Studies must complete or be in the process of completing the following Basic Business Techniques Core before enrolling in any course of the 300 or 400 series.

ACC 211, 212 - Accounting Principles I, II
BMS 245, 345 - Applied Business Statistics I, II or ST 210, 310
CIS 150 - Introduction to Computing
ECO 215, 216 - Principles of Economics I, II
MA 120 - Calculus and its Applications

All students enrolled in the College will list their major area as Business Administration until the completion of the Basic Business Techniques Core listed above. Upon entering the 300 series each student must declare a major concentration area selected from the fields of Accounting, Economics, Finance, Management, Marketing, or General Business. The student must have an overall grade-point average of 2.0 or better to declare a major and enter the 300 series. After declaring a major concentration area, the student will be assigned a faculty advisor from that area.

Students attending other colleges, including junior colleges, who are planning to enter the College of Business and Management Studies must take at least fifty percent of the required business credit hours and at least fifty percent of all concentration hours at the University of South Alabama.

REQUIREMENTS FOR SECOND MAJOR
Undergraduate students enrolled in the College of Business and Management Studies who plan to add a second major to their curriculum must meet all requirements for the second major. Courses included in the business core requirements and the first major cannot be counted toward the second major requirements. A minimum of 15 semester hours in the second major must be taken in addition to degree requirements.

REQUIREMENTS FOR A MINOR IN THE COLLEGE OF BUSINESS AND MANAGEMENT STUDIES FOR STUDENTS MAJORING IN COMMUNICATION ARTS.
Students majoring in Communication may elect, with the approval of their department chair, a minor in the College of Business and Management Studies. The following courses are required:
ACC 211
ECO 215
MGT 300
MKT 320

Each student should consult with a faculty adviser in Communication and with a member of the CBMS faculty to select four Management or Marketing electives to complete the student's minor field of study.

INTERNATIONAL BUSINESS MINOR
Students in other colleges may elect, with the approval of their department chair, a minor in International Business. The following courses are required:
ACC 211
ECO 215
MKT 320
ECO 363

Students must select three of the following courses:
MKT 477, 383, 492
MGT 465

GENERAL BUSINESS MINOR
Students in other colleges may elect, with the approval of their department chair, a minor in the College of Business and Management Studies. Students are required to take the following seven courses:
ACC 211
ACC 212
BMS 245 or ST 210
ECO 215
FIN 315
MGT 300
MKT 320

REQUIREMENTS FOR A MAJOR IN ECONOMICS FOR STUDENTS ENROLLED IN THE COLLEGE OF ARTS AND SCIENCES
The Economics curriculum provides students with an understanding of economic aspects of modern society and with the concepts, theories, and analytical techniques and their application in dealing with contemporary economic problems. The program provides a foundation in Economics for the general student as well as for those interested in professional graduate training in economics.

Requirements for a major are: A minimum of 33 semester hours including:

ECO 215 Principles of Microeconomics
ECO 216 Principles of Macroeconomics
ECO 315 Intermediate Microeconomics
ECO 316 Intermediate Macroeconomics
ECO 491 History of Economic Thought
ST 210 Basic Statistics or equivalent with permission of the department

Fifteen semester hours of other upper-level Economic courses Numbered 301 or above.

REQUIREMENTS FOR A MINOR IN ECONOMICS FOR STUDENTS ENROLLED IN THE COLLEGE OF ARTS AND SCIENCES OR THE SCHOOL OF COMPUTER AND INFORMATION SCIENCES
The courses designated for the minor will meet the needs of students who desire a knowledge of economics to support major study in another field.

A minimum of 21 semester hours in Economics including:

ECO 215 Principles of Microeconomics
ECO 216 Principles of Macroeconomics
ECO 315 Intermediate Microeconomics
ECO 316 Intermediate Macroeconomics

Nine semester hours of other upper-level courses numbered 301 or above.

REQUIREMENTS FOR THE BACHELOR OF SCIENCE DEGREE
All students enrolled in the College of Business and Management Studies are required to take specified Business courses and courses in other Colleges of the University. Additionally, a major field of study must be selected in either Accounting, Economics, Finance, Management, or Marketing and Transportation. Students who attend evening classes only may select a concentration in either General Business or Accounting. Other concentration areas are not available in the evenings. The concentration in General Business is available only to evening students.

A minimum of 128 semester hours with an overall grade-point average of 2.0 is required for graduation. In addition, an overall 2.0 grade-point average is required in all business courses and a 2.0 grade-point average is required for all courses counted in the concentration.

Students transferring to the University of South Alabama and enrolling in the College of Business and Management Studies must take at least fifty percent of all business credit hours and at least fifty percent of all concentration hours at the University of South Alabama.

All students must petition for graduation according to University requirements explained elsewhere in this Bulletin.

Requirements for a degree in the College of Business and Management Studies are detailed below. The sequence, as outlined, is intended as an example schedule only. Freshman and sophomore students may take lower division courses in any combination which meets prerequisite requirements. Each student must comply with Course Prerequisite Requirements as listed in the course description sections of the current University Bulletin.

BMS UNDERGRADUATE CURRICULUM

I. General Education Requirements
Credit Hours

II. Lower Division Requirements Related to Business

III. Business Core: Credit Hours

NOTE: Any course counted for the international core may not be counted in the major.

IV. Business Major:

V. Business Electives:

GENERAL BUSINESS
(For Evening Program Students Only)
The concentration in general business is designed for students planning careers in small business management, institutional management, human resource management, or sales. Areas of concentration are pursued in the junior and senior years.

Choose eight courses from the following:
ACC 331 Taxation of Individuals
ECO 315 Intermediate Microeconomics
ECO 316 Intermediate Macroeconomics
ECO 340 Money & Banking
FIN 300 Personal Finance
FIN 343 Money Markets and Financial Institutions
FIN 345 Principles of Insurance
FIN 346 Principles of Real Estate
FIN 350 Financial Statement Analysis
FIN 441 Investments
FIN 442 Security Analysis and Portfolio Management
MGT 311 Legal Environment of Business II
MGT 351 Human Resource Management
MGT 455 Collective Bargaining
MGT 456 Current Issues in Human Resource Management
MKT 375 Business Logistics
MKT 377 Purchasing Materials Management
MKT 379 Retailing

THE MASTER OF BUSINESS
ADMINISTRATION DEGREE PROGRAM
The mission of the College of Business and Management Studies is to deliver quality programs of instruction, to engage in scholarly activities, and to provide a range of services which contribute to the success of the College and University, the personal and professional development of our students and citizens, and the economic development of the region.

The foundation of the College is quality instruction. Our instructional mission is to prepare our graduate students for professional careers in the fields of business and accounting.

The Master of Business Administration degree program is designed to enable individuals to study advanced concepts of business, industry, and government operations. This program is intended for both the active manager or technical supervisor as well as the recent graduate who is interested in advanced study in the field of business. The program includes accounting, finance, quantitative methods, marketing, economics, human behavior, and labor-management relations.

The program requires a minimum of eleven (11) courses, each carrying three (3) semester hours credit. The normal load is two courses per semester. Students are expected to make appropriate arrangements with their employers to meet classes on time, avoid absences due to out-of-town travel, and provide sufficient time to complete library and other assignments as required.

The graduate program offered in Business Administration is fully accredited by the American Assembly of Collegiate Schools of Business.

THE MASTER OF ACCOUNTING DEGREE PROGRAM
Students may earn a Master of Accounting degree in the College of Business and Management Studies. The admissions requirements, academic regulations, and general degree requirements are the same as those required for the M.B.A. degree.

EXCHANGE PROGRAM WITH THE
ECOLE SUPERIEURE DE COMMERCE OF PAU, FRANCE
The College has established an exchange program for M.B.A. students with the Ecole Superieure de Commerce of Pau, France. Under this arrangement, students enrolled in the M.B.A. Program complete all foundation and core requirements at the University of South Alabama. Students then complete a year of elective work in France and take the French DESCAFE examinations at the end of the year. Upon successful completion of the examinations, the student is awarded the M.B.A. degree from the University of South Alabama and the DESCAFE certificate from the Ecole Superieure de Commerce.

To qualify for the exchange program students must comply with all academic regulations of the M.B.A. program and be certified as fluent in French by the Language Department of the University of South Alabama.

Students accepted for the exchange program are granted a waiver of tuition and fees by the Ecole Superieure de Commerce.

ADMISSION REQUIREMENTS
Students are admitted each semester. The Regular Admission requirements are: 1) a bachelor's degree, 2) a minimal grade-point average of 3.0 on all undergraduate work (A=4.0) and 3) a satisfactory score on the GMAT (Graduate Management Admissions Test) based on the formula:

200 x GPA + GMAT = 1000

A student who has a bachelor's degree with less than a 3.0 but greater than a 2.5 (A= 4.0) or a minimum grade-point average of 2.75 on the last 64 semester hours of college work may attain Provisional Admission provided the student has a satisfactory GMAT score based on one of the following formulas:

200 x GPA + GMAT = 1000 or
200 x UDGPA (last 64 hours) + GMAT = 1050.

In addition all applicants must achieve a GMAT Analytical Writing score of 3.0 or higher.

The GMAT must have been taken in the last five years.

International students must submit documentary evidence showing TOEFL test scores of 525 or above or its equivalent.

The non-degree category is reserved exclusively for students with an M.B.A. degree. Students in this category must obtain permission of the Director of Graduate Studies before registering for any graduate courses in the College of Business and Management Studies.

REQUIREMENTS FOR REGULAR STANDING
A Provisional Admission student will qualify for Regular Standing upon completion of a minimum of nine semester hours taken for graduate credit (500 level) toward degree requirements provided at least a B average is maintained in all such work attempted.

In addition, at least a B average is required for all work taken as a graduate student, including undergraduate and graduate level foundation courses. If the student has not met these requirements upon completing twelve semester hours of graduate credit (500 level) for degree requirements, the student will be dismissed from the MBA program.

ACADEMIC REGULATIONS
The following regulations apply to all graduate students and encompass all work taken as a graduate student including undergraduate and graduate foundation courses and all graduate degree courses (core, elective, concentration, business and accounting).

1. Students must earn a "B" average overall. In addition a B average must be earned in the graduate degree courses.

2. Students who receive six (6) semester hours of F will be academically dismissed.

3. Students who receive any combination of nine (9) semester hours of grades of C or less will be academically dismissed.

Courses taken outside the College of Business and management studies which are not an approved part of the degree program will not be included in the computation of the grade-point average.

No more than one (1) course (three [3] semester hours) from academic programs outside the College of Business and Management Studies may be counted in the degree program. All such courses must be approved by the Director of Graduate Studies.

TRANSFER CREDIT
A maximum of nine (9) semester hours of graduate credit earned in another institution may be considered for credit toward degree requirements in the graduate program. Transfer credit is approved only after completion of a minimum of nine (9) semester hours of graduate credit (500 level) toward degree requirements at the University of South Alabama and the student has qualified for Regular Standing. Only grades of A or B may be accepted as transfer credit. Transfer credits are not used in the calculation of the grade-point average. Students transferring from other University of South Alabama graduate programs must complete a minimum of nine courses (27 semester hours) after formal admission into the College of Business and Management Studies graduate programs.

FAILURE OF A COURSE
Should a student fail more than one course, he/she will be dismissed. In no case will a student be permitted to repeat a course more than one time.

TIME LIMITATION
All requirements for a graduate degree must be completed within five (5) calendar years from the date of matriculation as a graduate student.

GRADUATE ASSISTANTSHIPS
Graduate Assistantships are awarded on an annual basis and are granted for the academic year. The stipend for the three quarters is $4,000 and waiver of tuition. Out-of-state fees, if applicable, are also waived. Fees are paid by the student.

Application forms can be secured from the Director of Graduate Studies, College of Business and Management Studies.

REQUIREMENT FOR DEGREES
1. Courses

Students must satisfactorily complete FOUNDATION courses or their equivalent and a minimum of ELEVEN (11) three semester-hour graduate courses. Students seeking an M.B.A. degree must complete nine (9) CORE courses and two (2) ELECTIVE courses. Students seeking the Master of Accounting degree must complete eleven (11) business courses including not less than six (6) advanced level accounting courses.

A maximum of one course (3 semester hours) from programs outside the College of Business and Management Studies may be used to satisfy the M.B.A. degree requirements. The course must be approved by the Director of Graduate Studies.

2. Comprehensive Examinations
Students seeking an M.B.A. Degree must pass a comprehensive oral examination. The examination explores the candidate's ability to articulate the basic concepts and demonstrate the interrelationships within the core curriculum. The examination is conducted on scheduled dates each quarter by a committee consisting of five members of the graduate faculty. Students should register to take the examination with the Director of Graduate Studies during the first week of the semester in which the examination is to be taken. At least three of the five committee members must approve of the performance for the candidate to receive a passing grade. If deficiencies are identified at the conclusion of the first oral examination, the committee may schedule a second examination or define specific additional course requirements which the student must complete with a grade of A or B. If a second examination is conducted and deficiencies are identified, the committee will define specific course requirements which the student must complete with a grade of A or B. Failure to appear and sit for a scheduled oral examination will be considered as a failure of the scheduled examination. Any student unable to attend a scheduled oral examination must contact the Director of Graduate Studies prior to the examination date to be granted an excused absence and an extension of the examination date. The oral examination is an essential part of the degree programs. The candidate is advised to be prepared with respect to course content of the core requirements and to devote the necessary time for thorough review before the examination date.

Students seeking the Master of Accounting must pass a written comprehensive examination which covers the concepts and inter-relationships within the graduate accounting course requirements. The four (4) required graduate-level accounting courses in the program must be completed before taking the written examination.

MASTER OF BUSINESS ADMINISTRATION
UNDERGRADUATE FOUNDATION COURSES
(May be taken as an undergraduate or graduate student.)

FIN 315 Business Finance
MGT 300 Management Theory and Practice
MGT 310 Legal Environment of Business I
MGT 325 Operations Management
MKT 320 Principles of Marketing

GRADUATE FOUNDATION COURSES
(500 level foundation courses may only be taken by graduate students.) Undergraduate equivalents (listed in parentheses) may not be taken by graduate students.

ACC 500 Financial Accounting
(ACC 211, 212) (Principles of Accounting I, II
CIS 500 Basic Computing Principles and Applications
(CIS 150) Introduction to Computing
ECO 517 Economic Theory
(ECO 216, 215) (Macroeconomic and Microeconomic Principles)
MGT 545 Statistical Analysis
(BMS 245, 255) (Applied Business Statistics I, II)

CORE COURSES (Required)
ACC 520 Cost Analysis and Controls
ECO 518 Managerial Economics
FIN 501 Financial Theory and Practice
MGT 502 Organizational Behavior in Contemporary Organizations
MGT 503 Management Information Systems
MGT 515 Business Policy and Administrative Action in a Global Economy
MGT 540 Survey of Quantitative Methods
MKT 520 Marketing Management
MKT 524 International Business: Environment and Enterprise

ELECTIVE COURSES
A minimum of 2 courses must be selected from the following sets of courses, provided the course prerequisite has been met.

Accounting
ACC 511 Financial Accounting Theory
ACC 521 Advanced Managerial Accounting
ACC 531 Tax Planning and Research
ACC 541 Advanced Accounting Systems
ACC 571 Professional Accounting

Economics
ECO 520 Global Economic Issues for Managers
ECO 521 Government Policy Toward Business
ECO 532 Macroeconomic Theory
ECO 553 Applied Econometrics

Finance
FIN 510 Advanced Financial Theory and Practice
FIN 511 Problems in Business Finance
FIN 520 Investments
FIN 532 Multinational Finance
FIN 570 Depository Institutions Management I
FIN 571 Depository Institutions Management II
FIN 592 Graduate Seminar in Finance

Management
MGT 501 Management of Organizations
MGT 505 Labor Relations
MGT 510 Legal Environment of Business
MGT 520 Human Resource Management
MGT 525 Organizational Change and Development
MGT 530 Strategic Management in a Global Environment
MGT 560 Business Research

Marketing and Transportation
MKT 521 Business Logistics Management
MKT 522 Industrial Marketing and Sales Management
MKT 523 Research for Marketing Decisions
MKT 525 Marketing in a Global Economy

THE MASTER OF ACCOUNTING DEGREE PROGRAM
Students may earn a Master of Accounting degree in the College of Business and Management Studies. The admissions requirements, academic regulations, and general degree requirements are the same as those required for the M.B.A. degree. In addition, students earning the M.Acc. Degree must earn a B average in all accounting courses.

Students seeking the Master of Accounting degree are required to complete any of the following foundation courses as designated by the Director of Graduate Studies. In addition, students must complete a minimum of four (4) graduate business courses and four (4) graduate accounting courses and three (3) elective courses.

UNDERGRADUATE FOUNDATION COURSES
(May be taken as an undergraduate or graduate student.)
ACC 331 Taxation of Individuals
ACC 341 Accounting Information Systems
ACC 371 Financial Accounting I
ACC 372 Financial Accounting II
ACC 381 Cost Accounting
ACC 451 Auditing
FIN 315 Business Finance
MGT 300 Management Theory and Practice
MGT 310 Legal Environment of Business I
MKT 320 Principles of Marketing

GRADUATE FOUNDATION COURSES
(500-level foundation courses may only be taken by graduate students.) Undergraduate equivalents (listed in parentheses) may not be taken by graduate students.
ACC 500 Financial Accounting
(ACC 211, 212) (Principles of Accounting I, II)
CIS 500 Basic Computing Principles and Applications
(CIS 150) (Introduction to Computing)
ECO 517 Economic Theory
(ECO 216, 215) (Macroeconomic and Microeconomic Principles)
MGT 545 Statistical Analysis
(BMS 245, 255) Applied Business Statistics I, II

CORE COURSES (Required)
BUSINESS COURSES (12 hours)
ECO 518 Managerial Economics
FIN 501 Financial Theory and Practice
MGT 540 Survey of Quantitative Methods
MKT 524 International Business: Environment and Enterprise

ACCOUNTING COURSES (12 hours)
ACC 511 Financial Accounting Theory
ACC 521 Advanced Managerial Accounting
ACC 531 Tax Planning and Research
ACC 541 Advanced Accounting Systems

ELECTIVE COURSES (9 hours)
Select three courses from the following list, or two courses from the list and one graduate level course in either Economics, Finance, Management or Marketing:
ACC 416 Advanced Financial Accounting
ACC 432 Taxation of Partnerships and Corporations
ACC 434 Taxation of Gifts, Trusts and Estates
ACC 452 Advanced Auditing
ACC 461 Accounting for Governmental and NFP Entities
ACC 490 Special Topics
ACC 571 Professional Accounting
ACC 590 Special Topics
ACC 594 Independent Study

Note: ACC 452 and ACC 461 are required for CPA eligibility.

DESCRIPTIONS OF ALL BUSINESS MANAGEMENT (BMS) COURSES