TEMPLE UNIVERSITY

Undergraduate Bulletin for 1998-99

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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 four professional student organizations available for accounting majors: Beta Alpha Psi (BAP--National Honorary Fraternity), the Accounting Professional Society (APS), the National Association of Black Accountants (NABA), and a student chapter of the Institute of Management Accountants (IMA -- Cost and Managerial Accounting).

For more information, please contact Dr. Ryan at (215) 204-8131 (BAP), Dr. Malandra at (215) 204-8889 (APS), Dr. Mereba at (215) 204-4868 (NABA), or Dr. Asthana at (215) 204-1983 (IMA).

Major Requirements

Major Courses
Accounting

Additional Courses 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

Actuaries are highly educated business executives who specialize in the evaluation of insurance and financial risks.  They hold positions of responsibility with insurance companies, consulting firms, investment banks, self-insurers, government regulators, and government insurance programs.  Because of their valuable talents and expertise, actuaries are generally well compensated, and often rise to the highest levels of management.

Temple University offers one of the most distinguished Actuarial Science programs in North America.  Located in the Department of Risk, Insurance, and Healthcare Management, the Actuarial Science program gives students the opportunity to develop a strong background in mathematics and statistics while being exposed to a wide range of business disciplines.

Students with mathematics scores at or above 600 on the Scholastic Aptitude Test (SAT), or who have demonstrated proficiency in previous mathematics courses, are encouraged to explore the Actuarial Science program.  While undergraduates, they will prepare for and take some of the professional examinations given by the Society of Actuaries and the Casualty Actuarial Society.  These examinations cover topics such as calculus and linear algebra, mathematical probability and statistics, compound interest theory, life contingencies, risk management and insurance, accounting, economics, finance, and law.

Students should meet with the Program Director as soon as they enter the Actuarial Science program.  In addition to their course work and professional examinations, students are strongly encouraged to become active in the Sigma chapter of Gamma Iota Sigma, Temple's national award-winning professional student organization in Risk Management, Insurance, and Actuarial Science.  The organization hosts numerous guest speakers from the industry, sponsors a variety of career development seminars, and maintains a widely distributed resume book.

For more information, please contact Professor Bonnie Averbach at (215) 204-8153.

Major Requirements

Major Courses
Actuarial Science

Statistics

Additional Courses Required

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).

** NOTE: Beginning in September of 1999, Actuarial Science 0061 will replace Linear Algebra-Mathematics 0147, unless Mathematics 0127 has already been taken. Beginning January of 2000, all students will be required to take Actuarial Science 0061 in place of Linear Algebra.

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 Management

Contact the department in which you would like to concentrate.

The Business Management curriculum is designed for students who wish to follow a broad and general curriculum. The program allows students to select a specific concentration with a minimum of three courses selected from a menu provided by the department. Concentrations are available in: Actuarial Science, Computer and Information Sciences, Economics, Finance, Human Resource Administration, Legal Studies, Real Estate, Marketing, and Risk Management and Insurance. Additional concentrations may be added in the future in areas such as Event Marketing, Quantitative Analysis, etc.

Students are encouraged to join the student professional organization for the majors represented by their concentration. Please contact Debbie Avery at (215) 204-3919 or refer to the student organization boards located in each classroom and throughout the hallways in Speakman Hall.

Major Requirements
Major Courses
Three or more required courses chosen from a menu provided by concentrations listed above. (At least one course in the menu will be writing intensive.)

Business Electives

Buisness Manangement majors must take two of the following three courses:
HRA 315, HRA 320 or HRA 330

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. For additional information, visit our web site at http://www.cis.temple.edu.

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

Additional Course Requirements

Business Electives

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.

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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

Choose one of the following:
Economics

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

Additional Course Requirements

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
Three to five additional business electives, depending on what courses double count in technology and international areas.

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

Journalism Minor

In conjunction with the Department of Journalism, Public Relations and Advertising, students majoring in Economics can complete a minor or a certificate in JPRA. See the Economics Undergraduate Director, Dr. Erwin Blackstone, for details. Majors in JPRA can complete a minor in Economics. See your department advisor.

Mathematical Economics

In cooperation with the Mathematics Department, the Department of Economics offers an interdisciplinary program leading to a degree with additional specialization in analytical methods. 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..

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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Entrepreneurship

Dr. David Deeds, Program Chair
(215) 204-6877

The Entrepreneurship major integrates the knowledge and experiences gained in other disciplines, as well as from the field of entrepreneurship, into an understanding of the process of new venture creation and the management of entrepreneurial businesses. To accomplish this mission, theory, cases and internships in entrepreneurial ventures will be used to study innovation, idea generation, venture financing, financial analysis of projects, market research, industry analysis and the strategic planning process. Entrepreneurship majors will learn how to assess an industry and it environment for entrepreneurial opportunities, assess the commercial potential of an idea or innovation, develop a complete business plan including a strategic plan, marketing plan, pro forma budgets and financing requirements, develop an effective presentation for a new venture proposal and be an effective member of an entrepreneurial team. Entrepreneurship majors will be prepared to start a new venture, be a productive member of an entrepreneurial firm, assume responsibilities in a family business or become a productive manager in a growing business.

Entrepreneurship majors are strongly encouraged to become active members in the student entrepreneurship organization. This organization will offer students the opportunity to develop their skills and build contacts in the business community of the Delaware Valley. For more information about the student organization contact Dr. Deeds at 204-6877.

Major Requirements

Major Courses

Additional Course Requirements

Business Electives
None.

Students must achieve a GPA of 3.0 or higher in the major and a 2.3 GPA overall in order to graduate. Due to a limited number of slots in the Entrepreneurship major, students pursuing the Entrepreneurship major will be evaluated at 45 s.h. to determine their eligibility to remain in the major. Criteria used in the evaluation will include GPA and participation in the student organization for Entrepreneurship majors.

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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, investment bank, or mutual fund; (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 Dr. Zissu at (215) 204-1917 or the FMA executive officers at (215) 204-6673.

Major Requirements

Major Courses

Additional Course Requirements

Business Electives
Two to three additional business electives depending on International course taken.

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

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Healthcare Management

David Barton Smith, Program Director
(215) 204-8468

The multi-billion dollar healthcare industry is the largest employer in the Philadelphia region, providing an ideal laboratory for the Temple Healthcare Management program, the region's oldest.  Located in the Department of Risk, Insurance, and Healthcare Management, the program offers a Minor in Healthcare Management for those preparing for health-related careers (pre-med, psychology, social work, pre-law) or business majors interested in acquiring value-added skills for prospective employers.

Minor Courses

Satisfactory completion of the previous course in this sequence is a prerequisite (e.g. 0101 is a prerequisite for 0201 and 0201 is a prerequisite for 0301). Students with an interest in the healthcare industry are also encouraged to take Economics 0262/W262 Health Economics as a business elective.

Healthcare Management minors are strongly encouraged to become active in the Sigma chapter of Gamma Iota Sigma, Temple University's national award-winning professional student organization in Risk Management, Insurance, and Actuarial Science.  The organization hosts numerous guest speakers from the industry, sponsors a variety of career development seminars, and maintains a widely distributed resume book.

Although no undergraduate major is offered in Health Administration, students with an interest in the health care industry are encouraged to take the following health administration related courses as business electives.

Economics 0262/W262 - Health Economics
Health Administration 0101/X101 - Introduction to Health Services
Health Administration 0201 - Current Issues in Health Administration

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Comments and questions concerning The School of Business & Management may be sent to Robert Schneider.