2013-2014 Course Catalog

School of Business Administration

• Special Degree Requirements
• Courses
• Faculty

Larry D. Gianchetta, Dean

Terri L. Herron, Associate Dean

Homepage: www.business.umt.edu 

The School of Business Administration, founded in 1918, is the largest professional school at the University. All programs are accredited by AACSB International–The Association to Advance Collegiate Schools of Business.

Mission

The University of Montana's School of Business Administration is a collegial learning community dedicated to the teaching, exploration, and application of the knowledge and skills necessary to succeed in a competitive marketplace.

The goal of the School of Business Administration is to provide a broad foundation in organizational administration and exposure to the basic principles of various business disciplines. The complexity of contemporary society has brought an increasing need for responsible leadership. A professional business education combined with solid grounding in the liberal arts and sciences prepares men and women to meet difficult challenges and to participate in the molding of the future.

Students may pursue a program of studies leading to the B.S. in Business Administration, with a major in any of the following areas: accounting, finance, international business, management, management information systems, and marketing.

High School Preparation:

High school students who are planning to major in business administration at the University of Montana-Missoula should take their school's college preparatory curriculum. Additional courses to improve quantitative reading, writing, and computer skills will be beneficial. Students should take as much mathematics as possible including two years of algebra.

Credit/No Credit Option:

Most business administration courses are offered for traditional letter grade only.  Non-business majors may take business courses credit/no credit if the courses are not identified as traditional letter grade only in the registration system.

All courses required for the major, certificates, and all general education courses must be taken for a traditional letter grade.  Business courses taken as electives maybe taken on a credit/no credit basis if not identified as traditional letter grade only and if approved by the instructor and the department chair.  For additional information see the General Education section of the catalog.

Opportunity for further study at the graduate level is offered through programs leading to the degrees of Master of Business Administration (M.B.A.), Master of Accountancy (M-Acct.), joint J.D./M.B.A., joint M.B.A./D.P.T. and joint M.B.A./Pharm.D. The M.B.A. and M-Acct. programs are suited to all students regardless of undergraduate training. Further details may be obtained from the Graduate School or by specific inquiries directed to: Director of M.B.A. Program, School of Business Administration or Director of M-Acct. Program, School of Business Administration.

Foundation Program for Graduate Work in Business
The M.B.A. and M-Acct. programs are open to graduates of non-business undergraduate programs (prerequisites strictly enforced). Students in the arts and sciences or other professional schools are encouraged to consider the M.B.A. and M-Acct programs. Completion of all of the foundation courses listed below prior to starting the program will reduce the time required for the M.B.A. or M-Acct. at the University of Montana-Missoula by one year; however, many of the courses listed below have prerequisites that are strictly enforced (including, without limitation, a general prerequisite that all upper-division business courses require the completion of each lower-core business course with a grade of C or better).

• ACTG 201 (ACCT 201) Principles of Financial Accounting
• ACTG 202 (ACCT 202) Principles of Managerial Accounting
• BGEN 235 (MIS 257) Business Law
• BFIN 322 (FIN 322) Business Finance
• BMIS 270 (MIS 270) MIS Foundations for Business
• BMGT 322 (MIS 341) Operations Management
• BMGT 340  Management and Organizational Behavior
• BMKT 325 (MKTG 360) Principles of Marketing
• ECNS 201S (ECON 111S) Principles of Microeconomics
• STAT 216 ( MATH 241) Introduction to Statistics

For more information, please visit the University of Montana School of Business Administration Graduate School website at http://www.business.umt.edu/DegreesPrograms/graduatePrograms/deansWelcome.aspx

Special Degree Requirements

To earn the Bachelor of Science in Business Administration with a major in accounting, finance, management, management information systems, marketing, or – in combination with a second business major – international business, students must complete the following 13 requirements:

1. Lower Core - Earn grades of C (2.0) or better in all of the following lower-core courses:
   • WRIT 101 (ENEX 101) College Writing I
   • M 115 (MATH 117) Probability and Linear Math or M 162  (MATH 150), Applied Calculus, for Finance majors
   • ECNS 201S (ECON 111S) Principles of Microeconomics
   • ECNS 202S (ECON 112S) Principles of  Macroeconomics
   • COMX 111A (COMM 111A) Introduction to Public Speaking
   • CSCI 172 (CS 172) Intro to Computer Modeling
   • STAT 216 (MATH 241) Introduction to Statistics
   • ACTG 201 (ACCT 201) Principles of Financial Accounting
   • ACTG 202 (ACCT 202) Principles of Managerial Accounting
   • BGEN 235 (MIS 257) Business Law
   • BMIS 270 (MIS 270) MIS Foundations for Business
2. Admission to the Major - In the semester when students will complete at least 60 cumulative credits, have attempted the university Writing Proficiency Assessment (WPA), and will complete all requirements listed under number 1 above with grades of C (2.0) or better, students must apply for admission to one of the following business majors: accounting, finance, international business, management, management information systems, or marketing.  (Students pursuing a major in international business must pair it with one of the other five business majors). NOTE: In order to take 300 and 400 level courses in business, students must achieve junior standing in a business major. Junior standing in a business major is defined as admission to a business major after meeting the above requirements.
3. Grade Requirements - Students must earn a C- or better in all upper-division business courses and in all upper-division prerequisites unless a higher grade requirement is specified (see course descriptions).
4. Upper Core - Unless a higher grade is required in the course description, all business majors must earn at least a C- (1.7) in each of the following courses. The four upper-core classes are prerequisites to a business capstone course (see number 6 below). Some of these courses are prerequisites to certain major courses (e.g., BMKT 325 (MKTG 360) is a prerequisite to marketing courses; BFIN 322 (FIN 322) is a prerequisite to 400-level finance courses, etc.).
   • BFIN 322 (FIN 322) Business Finance
   • BMGT 322 (MIS 341) Operations Management
   • BMGT 340 Management and Organizational Behavior
   • BMKT 325 (MKTG 360) Principles of Marketing
5. Major Requirements - Earn a cumulative grade point average of at least 2.0 and earn grades no lower than C- in each course required for the major in accounting, finance, management information systems, management, marketing, or international business. (Students pursuing a major in international business should review the parenthetical note in number 2 above.) See the requirements for each major listed below under Accounting and Finance Department, Management Information Systems Department, or Management and Marketing Department. Apply to one of the majors before beginning junior-level coursework in business.  At least 50% of the credits in a student’s major must be earned at the University of Montana-Missoula.  In addition, each department may have specific residency requirements for courses with their majors.  Once a student begins coursework at the School of Business Administration, upper-division credits applied toward the major must be completed at The University of Montana-Missoula unless transfer credit is approved by the appropriate department chair. Students attending elsewhere on a university-approved exchange program may apply appropriate credits to this residency requirement with prior written approval of the department chair of their major.
6. Capstone Course - All business majors must complete BMGT 486 Strategic Venture Management as their capstone course. As a co-requisite to the capstone course, students must also concurrently complete BGEN 499 Integrative Business Simulation. The capstone course is normally taken during the student’s senior year. All upper-core courses must be completed with a C- or better in each before students enroll in a capstone course.  The capstone course must be completed at the University of Montana-Missoula.
7. Minimum Credits in Business - Earn at least a C (2.0) average in at least 51 credits taken in the School of Business Administration (and in Economics if the student chooses to count Economics courses in the School of Business Administration). At least 50% of the required credits in business must be earned at the University of Montana.  Business credits transferred in after matriculating to the University of Montana must be pre-approved by the department chair in your major.
8. Minimum Credits Outside of Business - At least 60 credits (exclusive of activity credits) must be taken in departments and schools/colleges other than the School of Business Administration (or business discipline, if completed elsewhere). If Economics classes are counted in business they may not also be counted outside of business for this requirement.
9. Minimum Credits to Graduate - Students are required to successfully complete a minimum of 120 semester credits to graduate from the University of Montana with a bachelor's degree, and 39 of the 120 credits must be earned at the upper-division level.  Students who are earning more than one degree in business must earn a minimum of 150 credits.
10. Grade Point Average (GPA) - A minimum grade point average of 2.0 is required overall, in business, and in the selected business major.
11. Upper-division Writing Requirement - Earn a C- or better in the Upper-division Writing Expectation for the Major. This requirement is normally fulfilled with the capstone course.
12. Experiential Requirement - A list of courses that meet this requirement is prepared annually by the UM School of Business Administration.  Students who initially enrolled as freshmen at UM are required to complete three business-oriented experiential learning exposures (classes). Students who initially enrolled with more than 60 transfer credits must complete two experiential classes. Students who initially enrolled with more than 90 transfer credits must take one experiential class, normally BMGT 486, the business capstone course. Experiential courses are offered in each of the business majors.
13. Examination - Students must pass the major field examination, administered in the semester students take the capstone course.

Course prerequisites are strictly enforced.

Suggested Course of Study

For all business majors:

Individual programs may differ from the suggested course of study to better accomplish the needs of the particular student but should be evaluated by an advisor prior to modifying the course of study.

Teacher Preparation in Business Education

Students who want to be licensed to teach business at the middle and high school level must complete a B.S. in Business Administration with a major in one of the following: accounting, finance, management, management information systems, or marketing. They also must complete the business education course work and the professional licensure program in the College of Education and Human Sciences. See the Department of Curriculum & Instruction for information about admission to the teacher Education Program and completion of this licensure program.

Certificates (Undergraduate)

Certificate in Accounting Information Systems

The Accounting Information Systems (AIS) certificate prepares undergraduate students for careers that bridge accounting and management information systems, such as consulting, internal audit, external audit, or other positions in which more than a basic knowledge of either accounting or MIS is necessary.  While most appropriate for a student majoring in accounting or MIS, this certificate is available to any undergraduate business major.  To obtain an AIS certificate, a student must (1) complete the requirements for one School of Business Administration major, (2) meet with an AIS certificate advisor, and (3) complete the following courses, with an average GPA of 3.0 or better in these 25 credits:  ACTG 203, ACTG 321 (ACCT 310), ACTG 305 (ACCT 311), ACTG 306 (ACCT 312), ACTG 411 (ACCT 441), BMIS 365 (MIS 371), BMIS 370 (MIS 370), BMIS 373 (MIS 373), and BMIS 479 (MIS 479).  Due to pre-requisite requirements and course scheduling, meeting with an AIS advisor early is crucial. 

Certificate in Entrepreneurship and Small Business Management

This certificate is offered for students who are interested in launching their own business venture or working in a small- to medium-sized business upon graduation.  Students must complete all requirements for at least one School of Business Administration major as well as the following required courses: BMGT 486 (MGMT 348), BMGT 458 (MGMT 458), and one 498 internship course offered by any of the School of Business Administration's major areas; the internship must be with an entrepreneurial venture.  Internships must be approved by the Management & Marketing Department Chair.  Also required: six credits from outside the student's major area of study, from the following courses: BFIN 301 (FIN 301), BMIS 478 (MIS 478), BMGT 491 (MGMT 344) Advanced Human Resource Management, BGEN 320E (MGMT 320E), BMKT 337 (MKTG 362), BMKT 343 (MKTG 363), BMKT 342 (MKTG 366), or BMKT 460 (MKTG 460).

Certificate in Entertainment Management

This certificate is designed to allow undergraduate students to learn and demonstrate advanced skills in specific areas related to careers in the business of entertainment.  Students must be registered at the University of Montana-Missoula. Required courses: BMGT 401 (open to all majors), BMGT 402 (open to all majors), and BMGT 403 (open to all majors), and three of the following courses: MART 111A (MAR 111A), MART 112A (MAR 112A), MUSI 132L, JRNL 251 (R-TV 251), BFIN 205, BMGT 275, BGEN 320*, BMGT 375 (open to all majors), BMGT 420*, PSCI 466 (PSC 466)*, BMGT 474 (open to all majors), BMGT 498 (must be an Entertainment/Event Management focused internship; open to all majors; no more than 3 hours accepted towards the Certificate), BMIS 478*, BMKT 411*, BMKT 412*, BMKT 413*, and BMKT 466*. Students must earn a “B or Better” in all courses counted towards the Certificate in Entertainment Management. Recommended optional course: BMGT 101.

* Check prerequisites

Certificate in Digital Marketing

This certificate prepares undergraduate students for careers in website design, social media, and internet data analysis.  Knowledge associated with professional opportunity rests at the intersection between Management Information Systems and Marketing.  Hence, the courses are designed to help students navigate this intersection and to develop the requisite skill set for successful career opportunities.  Notably, the certificate addresses the need of both Marketing and MIS students to be skilled users of data and understand the role of quantitative data in decision making.  To obtain the Certificate in Digital Marketing, students must (1) complete all requirements for at least one School of Business Administration major; (2) meet with the Certificate in Digital Marketing advisor; (3) complete the following required courses:  BMIS 372 (MIS 372), BMKT 343 (MKTG 363), BMKT 460 (MKTG 460), BMKT 420, (4) Complete one of the following courses: FORS 250 (FOR 250), MAR 101L, MART 102 (MAR 102), MART 11A (MAR 111A), MART 340 (MAR 340); (5) complete the Certificate in Digital Marketing application; and (6) receive a combined GPA of 3.0 for all the above courses.

Certificates (Graduate)

This certificate includes courses for the innovative student looking to turn an idea into a successful business venture.  To earn a graduate Certificate in Entrepreneurship, students must complete all MBA degree requirements and certain other courses.

Required Courses	Credits
MBA 694 Entrepreneurship 1	2
Additional Certificate Requirements, Offered Spring Semester	Credits
MBA 694 Business Plan Workshop	1
MBA 694 Financing New Ventures	1
MBA 694 High-Tech and Legal Issues	1
MBA 655 High-Tech and Legal Issues	1
MBA 694 Growing and Marketing Small Business	1
Additional Certificate Requirements, Offered Summer Semester	Credits
Internship	3

G Certificate in Entertainment Management

The graduate Certificate in Entrainment Management includes classes taught by industry professionals dedicated to providing education and opportunities for students to learn about the entertainment industry.  Students must complete all requirements for the MBA degree, listed under the graduate Certificate in Entrepreneurship, plus the following:

Required Courses	Credits
BMGT 401 (MGMT 401) Event Management	3
BMGT 402 (MGMT 402) Principles of Entertainment Management I	3
BMGT 403 (MGMT 403) Principles of Entertainment Management II	3

Courses

R- before the course description indicates the course may be repeated for credit to the maximum indicated after the R. Credits beyond this maximum do not count toward a degree.

Accounting (ACTG) - Course Descriptions

191, 201, 202, 203, 298, 305, 306, 307, 321, 391, 392, 394, 401, 410, 411, 420, 425, 426, 432, 461, 491, 492, 494, 498, 503, 605, 615, 616, 31, 632, 641, 643, 656, 661, 675, 694, 696, 698, 699

Business Finance (BFIN) - Course Descriptions

191, 192, 205, 267, 292, 298, 301, 322, 391, 392, 394, 410, 415, 420, 424, 429, 439, 450, 473, 491, 492, 494, 498, 522, 651, 681, 694

Business General (BGEN) - Course Descriptions

105S, 235, 320E, 360, 465, 499

Business Management (BMGT) - Course Descriptions

101S, 191, 192, 205, 275, 291, 292, 298, 322, 340S, 357, 375, 391, 392, 394, 401, 402, 403, 420, 426, 430, 444, 453, 458, 474, 480, 486, 491, 492, 493, 494, 498, 540, 595, 640, 650, 665, 685

Business Management Information Systems (BMIS) - Course Descriptions

191, 192, 270, 292, 298, 365, 370, 372, 373, 391, 392, 394, 447, 453, 471, 472, 476, 478, 491, 492, 494, 495, 498, 541, 571, 572, 573, 574, 575, 650

Business Marketing (BMKT) - Course Descriptions

191, 192, 291, 292, 298, 325, 337, 342, 343, 391, 392, 411, 412, 413, 420, 450, 460, 480, 490, 491, 492, 494, 498, 560, 660

Master of Business Administration (MBA) - Course Descriptions

603, 645, 655, 692, 694, 698, 699

Management Information Systems (MIS) - Course Descriptions

 260, 261, 262, 263, 264, 265, 266

Prerequisite courses generally must be completed with a grade of C- or better for the prerequisite to be satisfied (some prerequisites, however, require a grade of C or better).

Generally, courses at the 600 level are open only to graduate students who are admitted to a business graduate program.  Students who are designated pre-M.B.A. or pre-M-Acct. or graduate non-degree extern may take select courses (foundation courses at the 500 level and select 600 levels only upon pre-approval of a graduate program director). Students must be admitted to a degree program in order to take the required courses in either program.

Faculty

Professors

Aaron W. Andreason, Ph.D., Brigham Young University,1975

Teresa K. Beed, Ph.D., University of Colorado, 1981; C.P.A., Montana, 1973 (Director, M-Acct. Program)

Bruce Costa, Ph.D., Florida State University, 2000 (Chair, Department of Accounting and Finance)

Scott C. Douglas, Ph.D., Florida State University, 2000

David R. Firth, Ph.D., University of California, Los Angeles, 2003

Gerald E. Evans, Ph.D., Claremont Graduate School, 1985

Jerry L. Furniss, J.D., University of Idaho, 1980

Larry D. Gianchetta, Ph.D., Texas A & M, 1974 (Dean)

Terri L. Herron, Ph.D., University of Texas at Arlington, 1996; C.P.A. Texas, 1987 and Montana, 2010; C.I.S.A., 2000 (Associate Dean)

Keith J. Jakob, Ph.D., University of Utah, 2000

Belva L. Jones, Ph.D., Oklahoma State University, 1976 (Chair, Department of Management Information Systems)

Timothy A. Manuel, Ph.D., University of South Carolina, 1988

Jakki J. Mohr, Ph.D., University of Wisconsin-Madison, 1989

Jack K. Morton, J.D., The University of Montana, 1971

Nader H. Shooshtari, Ph.D., Arizona State University, 1983

Lee N. Tangedahl, Ph.D., University of Colorado, 1976

Klaus Uhlenbruck, Ph.D., University of Colorado, 1996 (Chair, Department of Management and Marketing)

Associate Professors

Patrick M. Barkey, Ph.D., University of Michigan, 1986 (Director, Bureau of Business and Economic Research)

Michael R. Braun, Ph.D., University of Massachusetts, Amherst 2006

Carol L. Bruneau, Ph.D., University of Arizona, 1997

Shawn F. Clouse, Ed.D., University of Montana, 2001

Anthony J. Crawford, Ph.D., Pennsylvania State University, 1993

Bambi M. Douma, Ph.D., University of Arizona, 2003 

Michael V. Harrington, J.D., University of Montana, 1990

Joshua Herbold, Ph.D., University of Illinois, Champaign-Urbana, 2005; C.P.A., Montana, 2009

Cameron D. Lawrence, Ph.D., London School of Economics, 2005

Fengru Li, Ph.D., University of Washington, 1996

Clayton A. Looney, Ph.D., Washington State University, 2003

Ronald F. Premuroso, Ph.D., Florida Atlantic University, 2008; C.P.A. Florida, 1976, C.F.E., 2011 

Simona Stan, Ph.D., University of Missouri-Columbia, 2001 (Director, MBA Program)

Kenton D. Swift, Ph.D., University of Wisconsin-Madison, 1991; C.P.A., Montana, 1992

Assistant Professors

Justin W. Angle, Ph.D., University of Washington, 2012

Casey J. McNellis, Ph.D., Washington State University, 2011; C.P.A. Washington, 2003

Emily J. Plant, Ph.D., University of Kentucky, 2010

Suzanne G. Tilleman, Ph.D., University of Oregon, 2009

Emeritus Professors

Michael R. Brown, J.D., The University of Montana, 1969; C.P.A., Montana, 1963

Bruce P. Budge, Ph.D., University of Minnesota, 1968; C.P.A., Idaho, 1973

MaryEllen Campbell, M.A., University of Illinois, 1969

Robert J. Connole, Ph.D., University of Iowa, 1968

Richard T. Dailey, Ph.D., Pennsylvania State University, 1968

Maureen J. Fleming, Ph.D., Southern Illinois University, 1969

Robert W. Hollmann, Ph.D., University of Washington, 1973

Jack J. Kempner, Ph.D., Ohio State University, 1956; C.P.A., Montana, 1957

Clyde W. Neu, Ph.D., University of Minnesota, 1973

Paul E. Polzin, Ph.D., Michigan State University, 1968 (Director Emeritus, Bureau of Business and Economic Research)

Roy W. Regel, Ph.D., University of Colorado, 1985; C.P.A., Colorado, 1973; C.M.A., 1992

Barbara P. Reider, Ph.D., Kent State University, 1991; C.P.A., Montana, 2010; C.M.A., 1992; C.I.A., 1996; C.F.M., 1998; C.G.F.M., 2002

Thomas J. Steele, Ph.D., Pennsylvania State University, 1974

Norman E. Taylor, Ph.D., University of Minnesota, 1955

Joseph A. Weber, Ph.D., University of Minnesota, 1983; C.P.A., Montana, 1975

Richard P. Withycombe, Ph.D., University of Oregon, 1972