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School of Business Administration


Accounting and Finance


Larry D. Gianchetta, Dean

Robert W. Hollmann, Associate Dean

The School of Business Administration, founded in 1918, is the largest professional school at the University. All programs are accredited by the American Assembly of Collegiate Schools of Business; its curriculum, therefore, is similar to those of other recognized schools of business.

The aim 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 an to participate in the molding of the future.

Students may pursue a program of studies leading to the B.S. in Business Administration, with an emphasis in any of the following areas: accounting, financial management, decision sciences, international business, management, and marketing.

Opportunity for further study at the graduate level is offered through programs leading to the degrees of Master of Business Administration and Master of Accountancy. The M.B.A. program is particularly suited to those students whose undergraduate training has been in areas other than business administration. Further details may be obtained from the Graduate Studies bulletin or by specific inquiries directed to: Director of Graduate Studies, School of Business Administration.

High School Preparation

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

Pass/Not Pass Option

Courses in the School of Business Administration are available on a Pass/Not Pass basis as follows:

For Non-Business Majors: All 100, 200, 300 and 400-level business administration courses.

Business Majors: All courses except those required courses listed in 1 and 2 below, and required courses in the student's emphasis.

For business majors, exceptions to the above may be made by the instructor with the approval of the department chair.

Foundation Program for Graduate Work in Business

The Master of Business Administration (M.B.A.) and Master of Accountancy (M.Acct.) at most universities are open to graduates of non-business undergraduate programs. Students in the arts and sciences or other professional schools who anticipate doing graduate work in business are encouraged to take as many of the foundation courses listed below as possible in their undergraduate programs. Completion of all of the foundation courses will reduce the time required for the M.B.A. or M.Acct at The University of Montana by one year.

Econ 111S Introduction to Microeconomics

Econ 112S Introduction to Macroeconomics

Math 241 Statistics

Mgmt 257 Business Law

Mgmt 270 Fundamentals of Management Information Systems

Mgmt 340S Management and Organizational Behavior

Mgmt 341 Operations Management

Mgmt 360 Marketing Principles

Acct 201 Financial Accounting

Fin 322 Business Finance

Special Degree Requirements

Refer to graduation requirements listed previously in the catalog. See index.

To earn the B.S. in Business Administration degree, the student must:

1. Complete the following requirements during the freshman-sophomore years:

Enex 101 Composition

Math 117 Probability and Linear Mathematics (must earn a grade of C or better)

Econ 111S, 112S Microeconomics, Macroeconomics

Comm 111A Introduction to Public Speaking

CS 172 Computer Modeling

Acct 201, 202 Financial Accounting, Managerial Accounting

Math 241 Statistics

Mgmt 257 Business Law

Mgmt 270 Fundamentals of Management Information Systems

2. Complete the following requirements during the junior-senior years:

Fin 322 Business Finance

Mgmt 340 Management and Organizational Behavior

Mgmt 341 Operations Management

Mgmt 360 Marketing Principles

Mgmt 445 Small Business Management and Strategic Planning

or Mgmt 446 Strategic Management

or Mgmt 448 Management Game

Note: A student must have completed a minimum of 60 credits and have completed all the freshman-sophomore requirements listed in number 1. above before advancing to the 300-level requirements listed in this section.

Non-business majors may take any undergraduate business course numbered 300 and above with the consent of the instructor.

3. Choose one of the following emphases by the beginning of the junior year: accounting, financial management, decision sciences, international business, management, or marketing.

4. Complete course work required in the selected emphasis during the junior-senior year.

5. Complete no fewer than 51 credits in courses in the School of Business Administration. All courses offered by the Department of Economics may count toward the 51-credit requirement. At least fifty percent (50%) of all business credits applied toward the requirements for the business degree must be earned at The University of Montana; this includes all economics credits, if they are counted toward the business requirements.

6. Complete no fewer than 65 credits (exclusive of health and human performance activity credits) of work taken in departments and schools other than the School of Business Administration.

7. Complete at least a total of 130 credits.

8. Earn a minimum grade-point average of 2.00 for all credits in business administration courses for which a grade is received and a minimum grade-point average of 2.00 for all credits in emphasis-area courses for which a grade is received.

9. Please note that not all business courses are offered every academic term.

Department of Accounting and Finance

Bruce P. Budge, Chairman

Accounting Emphasis

The accounting curriculum is designed to serve the needs of all undergraduate students intending careers in industrial or institutional accounting. Emphasis is placed on concepts rather than tools or techniques, with the needs of the future, not the present, in mind. A minimum basic curriculum has been structured for those students who plan to pursue accounting in private industry, in government, or in quasi-public institutions.

The baccalaureate degree in business administration with an emphasis in accounting is designed to prepare students for an accounting career that does not require a C.P.A. Preparation for the C.P.A. requires an additional year of graduate study leading to the Master of Accountancy degree.

Basic Requirements for Accounting Emphasis

Required: Credits
Acct 311 Intermediate Accounting I 3 3
Acct 312 Intermediate Accounting II 3 3
Acct 321 Cost Accounting 3 3
Acct 411-Advanced Accounting 3 3
Acct 431 Income Tax 3 3
Acct 441 Auditing 3 3
Acct 451 Non-Profit Accounting 3 3


Financial Management Emphasis

The financial management curriculum is designed 1) to give sudents an understanding of the financial markets and their relation to banking and investments; and 2) to acquaint students with the concepts and methods relevant to financial analysis and management.

Basic Requirements for Financial Management Emphasis

Required: Credits
*Fin 228 Personal Financial Planning and Investment 3 3
Fin 420 Investments 3 3
Fin 424 Financial Markets 3 3
Fin 429 Financial Management I Theory and Analysis 3 3
Fin 439 Financial Management II Analysis and Problems 3 3


Plus take three courses from the following two groups of business and economics courses. Students can mix these classes, but at least one of the three should be from Group I. Students should select these electives in consultation with their academic advisor.

Group I Courses:

Any upper-division (300- or 400-level) business course not otherwise required for graduation. Internship courses are excluded. Up to a maximum of 3 independent study credits will count as one of these courses.

Group II Courses: Credits
Econ 311 Intermediate Microeconomic Analysis 3 3
Econ 313 Intermediate Macroeconomic Analysis 3 3
Econ 304 Public Finance: Expenditures 3 3
Econ 305 Public Finance: Taxation 3 3


*Finance 228 must (and can only) be taken during the freshman or sophomore year. Students who transfer into the University or choose the financial management emphasis after they are of junior standing will not take Fin 228 but must then take four of the elective courses above rather than three and at least two of the courses from Group I.

Students wishing to augment their accounting skills should take Acct 311 and 312; those interested in financial economics should take Econ 311 and 313, and those with special interest in the public sector should take Acct 451, Econ 304 and 305.

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