College of Business Administration
College of Business Administration
Administration
Dean: Dennis W. Draper
Associate Dean: Mahmoud Nourayi (Undergraduate)
Associate Dean: Rachelle Katz (Graduate)
Assistant Dean: William Lindsey (Center for Executive Learning)
Directors: John Daly, S.J. (Center for Asian Business); Lawrence P. Kalbers (Center for Accounting Ethics, Governance, and the Public interest); Fred Keisner (Center for Entrepreneurship); Thomas White (Center for Ethics and Business)
Organization
The College has four Departments, five Centers, and one Program, an MBA program, and an Executive MBA Program, each led by a Chairperson or Associate Dean. The Areas of Concentration within these units are designated by four letter codes.
Department of Accounting (ACCT)
Department of Finance and Computer Information Systems (FNCE), (ISQM)
Department of Management (MGMT), (ENTR), (INBA)
Department of Marketing and Business Law (MRKT), (BLAW)
Center for Accounting Ethics, Governance, and the Public Interest
Center for Asian Business
Center for Entrepreneurship (courses are offered through the Departments)
Center for Ethics and Business (courses and activities are offered through the Departments)
Center for Executive Learning
Graduate Degree Program
The College offers the Master of Business Administration in different formats. The traditional MBA (MBAA) addresses the educational demands of persons who recognize the need to continue to build their careers. The Executive MBA (EMBA) is for the expierenced business leader who aspires to excutive-level responsiblity.
Baccalaureate Degree Program
The College offers three Baccalaureate Degrees: Bachelor of Business Administration (B.B.A.) with majors in Entrepreneurship, Finance, Marketing, and Management; the Bachelor of Science in Accounting (B.S.A.); and the Bachelor of Science with a major in Applied Information Management Systems.
The Vision and Mission of the College of Business Administration
The vision of the College is to be recognized as a leading College of Business Administration within a Catholic university through our commitment to learning, values, and research. The underlying theme is the development of ethical leaders for a diverse, technologically-driven, global economy. These statements confirm our commitment to the principles of continuous improvement. The primary focus is on excellence in instructiona and learning.
The mission of the College is to continuously develop an environment in which all stakeholders learn and grow together and contribute to an understanding of:
The global economy,
The business theories and practices which explain its operations,
The decision models and analytical frameworks for meeting ethical challenges,
The importance and interdependence of people in the work environment,
The technologies that stimulate change, and
The skills and management tools needed to manage an enterprise successfully.
The mission of the undergraduate programs is to:
Help students of high potential experience personal growth in the acquisition of knowledge in a broad range of subjects based on the University core curriculum and an integrated business curriculum;
Help students develop technical, analytical, and interpersonal skills and personal qualities and values to realize their potential as future leaders in a global economy; and
Graduate students who are able to demonstrate a depth of understanding in their primary field of interest.
University Core Curriculum for the Baccalaureate Degree in the College of Business Administration
American Cultures
3 Semester Hours
Course Selection:
First- and second-year students choose from any lower division course (100s or 200s) listed. Third- and fourth year students choose from any upper division course (300s or 400s) listed. A single course will generally not fulfill two core requirements. The only exception is a course that satisfies another core requirement, which is also cross-listed as AMCS (please see the Associate Dean's Office for details).
College Writing
3 Semester Hours
Course Selection:
ENGL 110 will fulfill the college writing requirement. ENGL 100 will not fulfill the college writing requirement but is required of certain students based on their performance in the essay written in all ENGL 110 sections during the first week of classes. A minimum grade of C (2.0) is required in ENGL 110. All students who receive a grade of C- or lower must retake ENGL 110 as soon as possible.
Choose: ENGL 110.
Communication
3 Semester Hours
Course Selection:
Choose from CMST 100 or 140
Critical and Creative Arts
6 Semester Hours
Course Selection:
This requirement is satisfied by taking one course from Critical Arts and one course from Creative Arts.
Critical Arts:
Choose from ANIM 100; ARHS 200, 201, 202, 321, 340, 345; DANC 281, 381; FTVS 210, 314, 315; MUSC 102, 104, 303, 365; THEA 240, 245, 331, 336, 341, 346, 347, 348, 349, 430.
Creative Arts:
Choose from ANIM 120, 220; ART 150, 151, 153, 278, 280, 350; DANC 163; ENGL 205, 311 (Prerequisite 201), 312 (Prerequisite 202); FILM 260; MUSC 105, 106, 107; SCWR 220; THEA 110, 400.
History
6 Semester Hours
Course Selection:
This requirement is satisfied by taking one course from Western Civilization and one course from Contemporary Societies.
Western Civilization:
Choose from HIST 100 or 101.
Contemporary Societies:
Choose from HIST 152, 162, 172, 182, 192.
Literature
3 Semester Hours
Course Selection
Prerequisite: Successful completion of college writing requirement.
Choose from CLCV 200, 210, 220, 230; ENGL 130, 140, 150, 170; FNLT 180; THEA 240, 245, 331, 336, 341, 346, 347, 348, 349, 430.
Mathematics, Science and Technology
6 Semester Hours
Course Selection
Prerequisite: Success on the Mathematics Placement Examination or successful completion of MATH 101.
Students must complete MATH 112. MATH 101 and 111 are normally required as prerequisites but may be waived if the student has a high enough score on the Mathematics Placement Examination. All incoming College of Business Administration students must take the Mathematics Placement Examination unless they have already completed MATH 112 or its equivalent. If MATH 111 is waived, the student must complete a 3 semester hour non-business course for MATH 111.
Students must complete one 3 semester hour science and technology course. Courses ordinarily recommended to students majoring outside the Frank R. Seaver College of Science and Engineering are those numbered 260-279 in each department within the College (with the exception of computer [CMSI] and Mathematics [MATH] courses).
Courses in this series are specifically designed for the non-major.
Choose from BIOL 260, 261, 262, 263, 264, 265, 271, 272, 275, 276; CHEM 260, 261, 262, 263, 264; ELEC 260, 265; MECH 260, 270, 275; NTLS 260, 270; PHYS 271, 272. Other Physical Science courses from the Frank R. Seaver College of Science and Engineering may be used to satisfy this requirement with the approval of the Associate Dean?s office of the College of Business Administration.
Philosophy
6 Semester Hours
Course Selection
Lower Division:
Choose PHIL 160. Transfer students who enter LMU with a minimum of sixty (60) accepted transfer hours are exempt from the lower division requirement. The College of Business Administration requires that PHIL 160 be replaced with a 3-semester-hour non-business course.
Upper Division:
Choose one course from PHIL 320 through 330.
Social Sciences
6 Semester Hours
Course Selection:
Choose ECON 120 and PSYC 100.
Theological Studies
6 Semester Hours
Course Selection
Lower Division:
Choose from the 100-level series of THST courses. Transfer students who enter LMU with a minimum of sixty (60) accepted transfer hours are exempt from the lower division requirement. The College of Business Administration requires 100-level series of THST courses be replaced with a 3-unit non-business course.
Upper Division:
Choose from the 300-level series of THST courses only.
Note: International/Global Studies
The current core curriculum includes many courses dealing with international and global studies. All students are required to complete HIST 100 or 101, which deal with European culture. In addition, it is recommended that students take additional core courses that include the study of European cultures such as: ARHS 200, 201, 202; CLCV 200, 210, 220; DANC 281; FILM 314; FNLT 180; MUSC 102; THEA 240, 245, 331, 336, 341; THST 320, 322, 331.
To further augment the understanding of world cultures, it is recommended that students also choose at least one core course that includes the study of Africa, Asia, the Pacific, or Latin/Indigenous America. These core courses include: ARHS 321; DANC 381; HIST 172, 182; MUSC 303, 365; THEA 348; THST 180, 361, 382, 383, 384, 385.
All College of Business Administration students should be alert to the following policies:
Students on academic probation can enroll in a maximum of 15.0 semester hours and will need to have their Advisor Hold removed prior to registration by their academic advisors.
Certain courses must be taken in residence at LMU.
Upper division business courses may only be transferred from AACSB accredited institutions.
Transfer course approvals must be obtained from the Associate Dean’s office prior to enrollment.
Credits for approved internsips are not part of the three courses required for an area of emphasis, unless it is repeated three time.
A minimum of 50% of the business-related coursework must be completed at LMU.
Recommendations:
Students are encouraged to enrich their program of study with selected electives from the following areas. Consult the Bulletin for specific offerings.
Computer Skills
Students are expected to become proficient in computer skills. Courses or workshops may be taken to help students develop existing skills.
Foreign Language
Students are encouraged to study foreign languages to the intermediate level. LMU offers Chinese, Filipino, French, German, Greek (Modern and Classical), Italian, Japanese, Latin, and Spanish on a regular basis.
International/Global Studies
Students are encouraged to select elective courses that deal with international and/or global issues. Consult the Bulletin listings.
Senior Exam
All senior students of the College are required to take the Senior Exam, which is offered each semester.
Study Abroad
A semester of international study abroad is also recommended. Consult the Study Abroad Office.
Total Program
The B.B.A degree program requires a minimum of 120 semester hours, and the B.S.A degree program requires a minimum of 126 hours, including the prescribed business administration core courses and those listed above. A minimum of 45 semester hours must be from upper division course offerings.
Students should consult the Associate Dean's office for Specific policies applicable to the College of Business Administration.
All courses are 3 semester hours unless otherwise stated.
Business Administration
Curriculum
The courses within the two degree programs (Bachelor of Business Administration and Bachelor of Science in Accounting) are categorized in six groups:
|
|
B.B.A. |
B.S. |
B.S. In
Accounting |
|
|
S.H. |
S.H. |
S.H. |
| A. |
University Core Curriculum |
48 |
48 |
48 |
| B. |
Business/Econ. Core Rqrmnt |
43 |
43 |
37 |
| C. |
Accounting Major Specific Core Courses |
- |
- |
9 |
| D. |
Mathematics Requirement |
3 |
3 |
3 |
| E. |
Major Requirement |
15 |
15 |
24 |
| F. |
Electives |
11 |
11 |
5 |
| Total |
|
120 |
120 |
126 |
The specific courses in the two curricula are as follows:
A. University Core Curriculum
B. Business/Economics Core Requirements:
Business students are required to complete a series of one semester hour "Business Perspective" courses.
ACCT 211 Financial Accounting
ACCT 212 Managerial Accounting
BADM 1010 Business Institutions
BADM 1020 Introduction to Ethical Decision Models
BADM 1030 Information Technology in Organizations
BADM 1040 Globalization
BLAW 205 Legal Environment of Business
ECON 110 Intro. Microeconomics
ECON 120 Intro. Macroeconomics
ECON 230 Introductory Statistics
FNCE 325 Financial Planning and Control
INBA 340 International Business
ISQM 275 Computers in Business
ISQM 370 Management Information Systems
ISQM 377 Production Operations Analysis
MGMT 335 Human Resource Management (not required for Accounting majors)
MGMT 355 Principles of Management and Organizational Behavior
MGMT 405 Business as an Institution in Society
MGMT 409 Management Policy
MRKT 365 Principles of Marketing
Accounting majors are required to take BLAW 301, Business Law Applications and Cases.
C. Math/Science Requirement
D. Student Academic Plan: Students will develop an Academic Plan to identify the degree sought and the majors, minors, and areas of emphasis or concentration in their degree track program of study. Students working toward the Bachelor of Business Administration (BBA) degree will select one of the following Areas of Emphasis:
Business Law
Entrepreneurship
Finance
Computer Information Systems
International Business
Management
Marketing
Travel and Tourism
For each Area of Emphasis, the student will select three Advanced Business Electives. Students will also select minors and/or other majors as well as elective courses which may be taken as part of their degree program. This program will be developed and implemented in consultation with the student’s Academic Advisor.
Business Law
BLAW 301 Business Law Apps. and Cases
BLAW 404 Employment Law
BLAW 408 Real Estate Law
BLAW 412 Tax Law and Planning
BLAW 447 International Business Law
BLAW 462 Entertainment Law
BLAW 473 Marketing Law
BLAW 474 Sports Law
BLAW 491 International Law Elective
Entrepreneurship
ENTR 428 Real Estate Finance and Investment & Entrepreneurship
ENTR 431 Entrepreneurial Finance
ENTR 432 Tax Law/Planning for Small Business
ENTR 441 International Entrepreneurship
ENTR 457 Entrepreneurship
ENTR 458 Small Business Mgmt
ENTR 461 Technology Ventures
ENTR 476 Entrepreneurial and Small Business Marketing
Finance
FNCE 426 Investments
FNCE 427 Financial Policy
FNCE 428 Real Estate Fnce & Investments
FNCE 429 Capital Markets
FNCE 430 Mergers and Acquisitions
FNCE 431 Entrepreneurial Finance
FNCE 432 Tax Law/Planning for Small Business
FNCE 442 Multinationals and the Third World
FNCE 448 International Finance
FNCE 491 International Finance Elective
Computer Information Systems and Operations Management
ISQM 471 Database Mgmt Systems
ISQM 472 Object Oriented Systems Analysis and Design
ISQM 473 Data Communications and Networks
ISQM 474 Management Support Systems
ISQM 476 PC-Based Decision Support Modeling
ISQM 477 Total Quality Management
ISQM 478 Electronic Business
Additionally, the following International Business courses are cross-listed with their respective departments:
INBA 440 Intl Management (MGMT)
INBA 441 Intl Entrepreneurship (MGMT)
INBA 442 Multinationals and the Third World (FNCE)
INBA 443 International Investing (FNCE)
INBA 445 Intl Marketing (MRKT)
INBA 447 Intl Business Law (BLAW)
INBA 448 International Finance (FNCE)
INBA 451 Business Practices in a Global Context (MGMT and MRKT)
INBA 464 International Supply Chain Management (MRKT)
INBA 481 Strategic Management Seminar in Travel and Tourism
INBA 491 International Elective
INBA 496 Travel and Tourism Information Technology (1 semester hour)
Management
MGMT 101 Your Future in Business (1 semester hour)
MGMT 431 Entrepreneurial Finance
MGMT 432 Tax Law/Planning for Small Business
MGMT 435 Employee and Labor Relations
MGMT 436 Training and Development
MGMT 437 Professional Development Practicum
MGMT 438 Compensation Management
MGMT 439 Human Resources Practicum
MGMT 440 International Management
MGMT 441 International Entrepreneurship
MGMT 449 Doing Business with East Asia
MGMT 451 Business Practices in a Global Context
MGMT 456 Behavioral Science in Management
MGMT 457 Entrepreneurship
MGMT 458 Small Business Management
MGMT 459 Leadership
MGMT 460 Entertainment Management
MGMT 491 Intl Management Elective
Marketing
MRKT 445 International Marketing
MRKT 461 E-Commerce Marketing
MRKT 462 Perspectives on Consumption
MRKT 463 Entertainment Marketing
MRKT 464 Intl Supply Chain Management
MRKT 465 Mrkt Promotional Strategy
MRKT 466 Sports Marketing
MRKT 467 Marketing Research
MRKT 469 Consumer Behavior
MRKT 471 Retail Management
MRKT 472 Sales Management
MRKT 473 Marketing Law
MRKT 474 Competitive Strategy
MRKT 475 Marketing Planning
MRKT 476 Entrepreneurial and Small Business Marketing
MRKT 477 Brand Marketing
MRKT 478 Business to Business Mrkt
MRKT 491 Intl Marketing Elective
Travel and Tourism
TOUR 380 Intro to Travel and Tourism
TOUR 382 Marketing and Selling Travel and Tourism
TOUR 383 Legal Foundations of Travel and Tourism
TOUR 483 The Cruise Industry (2 semester hours)
TOUR 486 Gaming Industry Management (2 semester hours)
TOUR 498 Special Topics (1-3 semester hours)
TOUR 499 Independent Study (1-3 semester hours)
E. Non-Business Electives: Six semester hours in this category are required for either the B.B.A. Degree or the B.S.A. Degree. These may include courses from any College or School within the University except Business Administration. Courses may be selected from the entire list of University offerings, but students must be sure they have met all prerequisites in each case.
Lower division courses are acceptable for students to take in their junior or senior years, provided, however, that they complete a minimum of 45 semester hours of upper division coursework.
Agreements are in place with a number of the departments in the University under which students may take all or most of their non-business and free electives in a single area. By using a planned sequence of recommended courses and, in some cases, by taking extra courses, it is possible for a student to complete a minor area of study and, in a few cases, even a second major. It is recommended that each student consider this possibility in terms of career and personal objectives.
F. Free Electives: Students in the B.B.A. program have 9 semester hours of electives that may be taken from any College or School within the University, including Business Administration. These 9 semester hours may be used to complete a second area of emphasis.
Special Note:
The purpose of the above listing is simply to indicate the overall structure of the two programs in business. The order in which the courses must be taken is governed in all cases by the contribution of each course to the overall system. The suggested sequence of courses is shown in the following curriculum sections.
Transfer Credit
Lower division courses in business and economics that may be accepted include the equivalents of the following Loyola Marymount courses:
ACCT 211 Financial Accounting
ACCT 212 Managerial Accounting
BLAW 205 Legal Environment of Business
ECON 110 Introductory Microeconomics
ECON 120 Introductory Macroeconomics
ECON 230 Introductory Statistics
ISQM 275 Computers in Business
The following policies apply to all work transferred to the College of Business Administration at Loyola Marymount, whether from a two-year or a four-year school. The College can accept only those business and economics courses which are reasonably equivalent and at the same level of instruction as courses offered by Loyola Marymount. Thus, a course that Loyola Marymount offers at the junior level (courses numbered 300 and above) but that is taken by a transfer student at the sophomore level at a previous school cannot be accepted for credit. Such courses can be recognized only if the student takes the appropriate examinations after admission to the College (see Credit by Examination). Further, all transfer courses must be taken for a letter grade, and the student must receive a grade of C (2.0) or higher.
Upper division business courses may only be transferred from a four-year, AACSB-accredited institution.
Current LMU Students Interested in Transferring to the College of Business Administration
Students who are currently enrolled in another major at LMU, but are interested in changing their major to Business Administration are
encouraged to apply during their first year at LMU but no later than their third semester. Students are asked to state their interest in Business Administration by completing MATH 112 or an equivalent course in calculus with a minimum grade of B (3.0) and ECON 110 and 120 with a minimum grade of B- (2.7). In addition, students must have a minimum cumulative GPA of 3.0. Once requirements have been met, students will be eligible to complete an application which will be evaluated by the Associate Dean’s Office. Attainment of minimum requirements may not always be sufficient to secure approval of transfer request. Applications will be accepted through the end of the seventh week of school each semester. The evaluation process will take place during the following semester with students being informed once the evaluation process has been completed.
External Transfer Student Policy
Students interested in tranferring to the LMU College of Business Administration from another college or university must complete a course in calculus with a minimum grade of B (3.0) and have a cumulative GPA of B (3.0).
Bachelor of Business Administration Curriculum
The following curriculum represents the order or sequence in which it is expected that students will take the various courses required for the B.B.A. degree.
Freshman Year
Fall Semester
Spring Semester
Sophomore Year
Fall Semester
Spring Semester
Junior Year
Fall Semester
Spring Semester
Senior Year
Fall Semester
| MGMT |
405 |
Business as an Institution in society |
| Elect. |
___ |
Applied Concentration Course
(advanced Business Elective) |
| Elect. |
___ |
Applied Concentration Course
(advanced Business Elective) |
| Elect. |
___ |
Non-Business Elective (3.s.h.) |
| Elect. |
___ |
Free Elective (3 s.h.) |
Spring Semester
| MGMT |
409 |
Management Policy |
| Elect. |
___ |
Applied Concentration Course
(advanced Business Elective) |
| Elect. |
___ |
Non-Business Elective (3.s.h.) |
| Elect. |
___ |
Free Elective (3 s.h.) |
| Elect. |
___ |
Free Elective (3 s.h.) |
Business Administration Minor Requirements
The minor in Business Administration is open to non-Business majors only. (Business Administration majors must take all courses required for the minor in order to complete the Business major.) Courses required for the Business minor include ACCT 211, ECON 100 or 110, MGMT 355, and MRKT 365. Two additional courses must be taken at the upper division level (300s-400s). A minimum cumulative GPA of 2.5 must be earned in the minor area. All minor required courses must be completed in residence.
Hispanic Business Studies Minor
In recognition of the growing number of Spanish-speaking people in the United States and the world, as well as the potential business opportunities they represent, the College of Business Administration offers a minor in Hispanic Business Studies. This minor requires that three of the courses be in Spanish language and three in Hispanic culture. The courses in this minor are selected in consultation with the Associate Dean of Business Administration. This minor is available to Business Administration and Accounting majors only. A minimum cumulative GPA of 2.5 must be earned in the minor area. All minor required courses must be completed in residence.
Beta Gamma Sigma Honor Society
Beta Gamma Sigma is the honor society for students enrolled in business and management programs accredited by AACSB International—the Association to Advance Collegiate Schools of Business. Election to lifetime membership in Beta Gamma Sigma is the highest honor a business student can achieve. Juniors and seniors in the top 10% and MBA students in the top 20% of their class may be invited to membership.
Beta Gamma Sigma membership provides recognition for a lifetime. With alumni chapters in major metropolitan areas across the United States, the BGS Career Central job board and the BetaLink on-line membership community, those recognized for their academic achievements at Loyola Marymount University can continue an active relationship with Beta Gamma Sigma long after graduation. This lifelong commitment to its members’
academic and professional success is defined in the Society’s mission: to encourage and honor academic achievement in the study of business and personal and professional excellence in the practice of business.
Bachelor of Science in Accounting Curriculum
The first two years of the program are identical
to the Bachelor of Business Administration Curriculum. All 300-and 400-level accounting courses must be taken in residence at Loyola Marymount University.
Junior Year
Fall Semester
| ACCT |
311 |
Intermediate Accounting I |
| ACCT |
314 |
Accounting Info. Systems |
| AMCS |
___ |
American Cultures (3 s.h.0 |
| FNCE |
325 |
Financial Planning and Control |
| MRKT |
365 |
Principles of Marketing |
Spring Semester
| ACCT |
312 |
Intermediate Accounting II |
| ACCT |
313 |
Cost Accounting |
| ISQM |
377 |
Prod. operations Systems |
| MGMT |
355 |
Principles of Mgmt and Org. Behavior |
| THST |
3XX |
Upper Division Theology |
Senior Year
Fall Semester
| ACCT |
405 |
Accounting Ethics, Professionalism, and the Public Interest |
| ACCT |
411 |
Advanced Accounting |
| ACCT |
416 |
Auditing, Assurance, and Attestation |
| INBA |
340 |
Intro to International business |
| PHIL |
320-330 |
Ethics- related Course |
Spring Semester
| ACCT |
412 |
Income Tax Accounting |
| BLAW |
301 |
Business Law Apps. and Cases |
| MGMT |
409 |
Management Policy |
| Elect. |
___ |
Non-Business Elective (3 s.h.) |
| Elect. |
___ |
Non-Business Elective (3 s.h.) |
Academic Plan
Accounting majors are encouraged, but not required, to include 150 semester hours of study in their academic planning process. The 150 semester hours of study is now required to practice public accounting in most states and for Pathway Two in the State of California. Their plan might include undertaking minors and/or an additional major or pursuing graduate studies. Students are encouraged to discuss with the Associate Dean and/or their Accounting academic advisor various possible tracks to earn the 150 semester hours.
Accounting Minor Requirements
ACCT 211, 212, and at least three of the following courses: ACCT 311, 312, 313, and 412. All upper division Accounting courses must be taken in residence. A minimum cumulative GPA of 2.5 must be earned in the minor area. All minor required courses must be completed in residence. Open to Business Administration majors only.
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