TEMPLE UNIVERSITY

Undergraduate Bulletin 1996-1998

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School of Business and Management

PROGRAM DESCRIPTIONS

Accounting

Stephen Fogg, Chair
(215) 204-1915

The program provides the student with a broad general education and intensive study within the major as preparation for professional careers in public accounting, industry, government, and not-for-profit institutions.

The curriculum in accounting is designed to acquaint the student with the conceptual framework and theory of accounting, transactional analysis, asset management, liabilities, owners' equity, and financial reporting. Cost analysis and control, accounting information systems, taxation, consolidated financial statements, and foreign operations also are covered, along with auditing techniques and an understanding of the ethical and performance standards of the profession. Coursework also is required outside of the major in the legal and social environment of business, written and oral communication, the humanities, and the social sciences. There are three professional student organizations available for accounting majors: Beta Alpha Psi (BAP - National Honorary Fraternity), the Accounting Professional Society (APS), and the National Association of Black Accountants (NABA).

For more information, please contact Dr. Ryan at (215) 204-8131 (BAP), Dr. Malandra at (215) 204-8889 (APS), or Dr. Mereba at (215) 204-4868 (NABA).

Major Requirements

Major Courses
Accounting

Business Electives Non-Business Electives Required

Students must attain a 2.3 GPA in the major in order to graduate. A C- grade is required in all courses that are a specific prerequisite to courses in the major.

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Actuarial Science

Bonnie Averbach, Program Director
(215) 204-8153

The Actuarial Science program is a rigorous one which requires a strong interest in, and aptitude for, applied mathematics. Students whose mathematics scores exceed 600 on the College Entrance Examination Board Scholastic Aptitude Test or who have demonstrated proficiency in mathematics are encouraged to explore the opportunities in Actuarial Science. Actuaries are professionally trained executives who use mathematical skills to analyze and solve business and social problems related to risk in insurance, risk management, retirement plans, employee benefits, and in financial institutions.

While undergraduates, students are advised to prepare for and begin to take the professional examinations given by the Society of Actuaries and the Casualty Actuarial Society. Topics covered by these examinations, which are studied in the undergraduate actuarial curriculum, include calculus and linear algebra, mathematical probability and statistics, numerical analysis, compound interest, insurance, life contingencies, accounting, economics, finance, law, marketing, and reserve valuation. Students should meet with the Director as soon as they enter the program. In addition to course work and professional examinations, many students participate in student organizations. The Society of Risk Management, Insurance, and Actuarial Science is the student professional society in which many of the Actuarial Science majors become involved in. For more information, please contact Bonnie Averbach at (215) 204-8153.

Major Requirements

Major Courses
Actuarial Science

Business Electives

Non-Business Electives Required
Mathematics

NOTE: Special Exceptions to School of Business and Management Lower Division Because Actuarial Science majors take Mathematics C085, C086, 0233, and 0234, they are exempted from the following School of Business and Management lower division requirements: Statistics C011 and C012 (Basic Quantitative Foundations) and Statistics *C021 and 0022 (Statistical Methods and Concepts; Selected Statistical Topics).

Additional Non-Business Electives Elective courses may be chosen from offerings outside the School of Business and Management (exceptions noted above). The department strongly recommends that students select electives which are related to subjects that are covered on the professional actuarial examinations.

Students must attain a 2.3 GPA in the major in order to graduate.

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Business Administration

Office of Undergraduate Student Services
(215) 204-7672

The Business Administration curriculum is designed for students who wish to follow a broad and general curriculum of Business Administration. The program allows students to develop a broad-based concentration drawn from at least two different areas and allows for additional coursework either in or external to those areas. Business Administration majors are encouraged to take advantage of the student professional organizations within SBM. Many students choose to join Delta Sigma Pi Business fraternity (DSP) or the Society for Human Resource Administration (SHRM). For information about any of the SBM student professional organizations, please contact Debbie Avery at (215) 204-3919 or refer to the Student Organization Information Board in the hallway outside the Speakman student lounge.

Major Requirements

Major Courses
Two sets of three courses are required for a total of six courses, each at the 0100 level or above, from two areas of concentration, approved by an academic adviser.

Suggested Concentration in Human
Resource Administration Students who intend to be managers and are looking for a generalist degree in business administration are strongly encouraged to take human resource administration as one of their areas of concentration. The ability to manage people, learning to communicate effectively in an organization, and understanding how influence, power, and politics are related to effective supervision are critical skills for today's managers. Students wishing to pursue the HRA concentration should select three of the following four courses:

HRA

Business Electives

Students must attain a 2.3 GPA in the major in order to graduate.

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Computer and Information Sciences

Frank Friedman, Chair
(215) 204-8450

The Department of Computer and Information Sciences offers undergraduate degree programs in the School of Business and Management and the College of Arts and Sciences. The Computer and Information Sciences program in the School of Business and Management is designed to develop an understanding of the use of electronic computers in decision making and data processing, since virtually every aspect of business activity, as well as society as a whole, is influenced by information processing. The aim of the Computer and Information Sciences program is to provide a broad background in the technology and managerial use of computerized information systems and an understanding of the capabilities and limitations of electronic computers. The student completing this program will have a firm foundation for applying information technology and for doing further academic work in the field. In addition, students who move into other functional areas of organizations will value the overall knowledge of the operations of a firm gathered through the study of information systems.

The Association of Computing Machinery (ACM) is a student professional organization which consists of members from both the School of Business and Management and the College of Arts and Sciences. This organization allows students to keep up to date on new technology and explore the career opportunities available for the major. For more information, please contact Dr. Koffman at (215) 204-1913. See Computer and Information Sciences in the College of Arts and Sciences programs for a description of the Bachelor of Arts and Bachelor of Science programs.

Major Requirements
Major Courses
CIS

All Computer Science courses must be completed with a grade of C- or better. Students must attain a 2.3 GPA in the major in order to graduate.

Business Electives

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Economics

Andrew J. Buck, Chair
(215) 204-8880

Economics is the formal study of how we allocate resources among alternative uses to satisfy our wants. Virtually all of the public and personal issues which confront us today have an important economic component. For this reason, the economic way of thinking plays a valuable role in helping us make sense of the complex world in which we live. In addition, the study of economics is excellent preparation for a wide spectrum of potential careers. Economics majors with bachelor's degrees are well prepared to be managers and leaders in both the public and private sectors. Training in economics at the undergraduate level also provides a solid basis for professional study in law, business, public administration, and the health sciences.

The Department of Economics offers a wide range of courses upon which students can draw, depending on their academic and career interests. Students should consult with a departmental adviser to see how specific courses can be used to match their particular interests.

Omicron Delta Epsilon (ODE) is the National Honor Society and professional organization for Economics majors. Students from both the School of Business and Management and the College of Arts and Sciences are eligible to join if they meet the admissions requirements of the organization. For more information, please contact Dr. Weintraub at (215) 204-1919.

Major Requirements
In addition to completing the economics courses required of all students in the School of Business and Management, majors in economics must complete:

Economics

and two electives in Economics at the 0200 level or above, excluding Economics 0208, 0209, 0288, and 0289. (These courses are in addition to the general SBM upper-division requirement of one 0200 level or above economics course.)

Students preparing for graduate study in economics or in an economics-related area are strongly encouraged to take Economics 0240 (Mathematical Economics), Economics 0241 (Introduction to Econometrics), and courses in calculus and linear algebra in the Mathematics Department.

Business Electives

Students must attain a 2.3 GPA in the major in order to graduate.

Political Economy

In cooperation with the Department of Political Science, the Department of Economics offers an interdisciplinary program leading to a degree with additional specialization in Political Economy. The program is open to all matriculated students in the University. For requirements, see separate description under Program Descriptions in the College of Arts and Sciences section.

Cooperative Education Program

Through this program, students earn income while gaining valuable work experience which can enhance their job market prospects upon graduation. By completing an academic research project under the guidance of a faculty member, co-op students may earn credit for Economics 0288. This course is open to all majors in the School of Business and Management.

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Finance

Elyas Elyasiani, Chair
(215) 204-5881

Finance plays a central role in the operations of our economy and is at the heart of the resource allocation system. Individuals often come in contact with financial instruments (money, stocks, bonds, etc.) and need to understand the operation of our financial system in order to better plan and enjoy their lives. Moreover, training in finance can lead to important and fulfilling careers.

Finance majors typically have one of four career objectives: (1) a position in the finance department of a business firm; (2) a position in a financial institution, such as a bank; (3) a career in the area of financial investments; and (4) a position with a government or non-profit organization. The courses offered by the department are structured so that selection of courses taken can relate to one of these career objectives.

As businesses and organizations grow and diversify, their finance departments function like a bank, receiving funds and recirculating these funds throughout the firm in the search for profit. Financial management has increasingly focused on managerial decisions regarding the choice of assets and liabilities, with the goal of obtaining the highest return for the level of risk accepted. Forces such as inflation, the globalization of business, and advancements in computer technology have increased the importance of the finance decision-making process for both individuals and businesses.

Finance majors are encouraged to become involved in the Financial Management Association/National Honor Society (FMA/NHS). This student professional organization offers students the opportunity to meet business leaders in the financial industry, hosts career development seminars, and maintains a resume book. Students must meet admission requirements to join the National Honor Society division of this organization. The Financial Management Association is open to all business majors. For more information, please contact the organization at (215) 204-1931.

Major Requirements

Major Courses

Business Electives

Students must attain a 2.3 GPA in the major in order to graduate.

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General and Strategic Management

Raj Chaganti, Chair
(215) 204-8170

A student electing the General and Strategic Management major will learn skills in industry and competitive analysis, business planning, and organizational control. A student completing the major will be prepared to begin a career as a line or staff manager in a wide variety of businesses.

General Strategic Management majors are encouraged to become involved in a student organization while completing their studies. Students interested in joining a student professional organization have two choices that are closely associated with their major. The Society for the Advancement of Management (SAM) offers its majors many opportunities to perfect communication skills, network, and practice current management theory. Students for the Advancement of Entrepreneurship (SAE) helps its students towards their goal of becoming entrepreneurs. For more information, please contact Dr. Deeds at (215) 204-6877 (SAM) or Dr. Dunkelberg at (215) 204-6686 (SAE).

Major Requirements

Major Courses
All students must take either General and Strategic Management 0301 or 0340 and three of the following: General and Strategic Management 0261, 0301, 0311, 0330, 0340, 0380, or BA 0305.
Business Electives
Five additional business electives

Students must attain a 2.3 GPA in the major in order to graduate.

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Health Administration

William E. Aaronson, Chair
(215) 204-8468

Awareness of the health care system is critical for each of us in today's society. The roles of government, hospitals and other health care providers, employers, and third party payers continue to change. Concern over the health care needs of the elderly and the uninsured continues to grow. These issues are explored in health administration courses.

Though no program leading to a major exists at the undergraduate level, one elective is offered. It is designed to produce more enlightened consumers as well as to provide some insights to the many career opportunities in this important field. This elective, Hlth. Adm. X101, counts as a writing-intensive course in the University's Core Curriculum and can be used by non-business students for the"Individual and Society" category requirement.

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