COLLEGE OF BUSINESS Curriculum Committee September 14, 2010 Page 1 of 3 2010-11 #2 College of Business Other catalog change: Page 56, 2010-11 Graduate Catalog Executive Master of Business Administration ↓ Fast-Trak Master of Business Administration The one-year fast-trak M.B.A. is designed for individuals who desire to earn their degree in an accelerated daytime format. Students must have completed an undergraduate degree. No prior work experience is required. Courses are offered Mondays through Fridays for three semesters. Students may begin the fast-trak M.B.A. only in the fall semester. Students have the opportunity to earn a double degree when pursuing the fast-trak M.B.A. For further information contact the fast-trak M.B.A. office, 815-753-0257. Rationale: Catalog copy developed to describe the delivery of the daytime lock-step M.B.A. program earned in three semesters. An international component is available whereby students can earn a double degree (currently from Bordeaux University School of Management, France). Department of Accountancy Course revision: Page 59, 2010-11 Graduate Catalog Effective date: Spring 2012 ACCY 531. FINANCIAL REPORTING I (4) (3). Other catalog change: Page 58, 2010-11 Graduate Catalog Effective date: Spring 2012 Required Accountancy Courses ↓ ACCY 531 – Financial Reporting I (4) (3) ↓ Rationale: As part of the revision of the Accountancy undergraduate curriculum approved by the College Curriculum Committee on 3/2/10, the Committee on the Undergraduate Curriculum on 4/8/10, and the Undergraduate Coordinating Council on 5/6/10, ACCY 331 credit hours were revised from 4 hours to 3 hours. ACCY 531 is the equivalent graduate course taken by MAS students in Phase One of the program. Therefore, the credit hours on ACCY 531 are changed to achieve consistency across these courses. Since most Accountancy undergraduates take ACCY 331 in the spring semester, the effective date of this change [for Records and Registration purposes] is Spring 2012 to once again achieve consistency across these courses. Department of Management Course revision: Page 83, 2010-11 Undergraduate Catalog MGMT 460H 460. MANAGEMENT HONORS (3). An integrating course dealing with problems of management that embrace all of the management functions. Investigation of models, concepts and research findings of particular significance to effective decision making in management. Intended for students who desire to do advanced work or pursue some special investigation of a management problem not specifically covered elsewhere. Open only to senior students who are in their last semester. PRQ: Overall university GPA of at least 3.00, management major area GPA of 3.20 or higher, senior standing, and consent of department. COLLEGE OF BUSINESS Curriculum Committee September 14, 2010 Page 2 of 3 2010-11 #2 Rationale: Dropping H from course designator based on a request from catalog editor due to MyNIU. Prerequisite change made to make it consistent with MyNIU implementation . Department of Marketing Course revision: Page 87, 2010-11 Undergraduate Catalog 467. GLOBAL MARKETING MANAGEMENT (3). … PRQ: UBUS 310 and UBUS 311 MKTG 367. Rationale: MKTG 367 provides the foundational platform by analyzing the global marketing environment. MKTG 467 is a natural follow-up class, which examines the role of the global marketing environment in the creation and implementation of global marketing strategy. Other catalog change: Page 85, 2010-2011 Undergraduate Catalog Major in Marketing (B.S) ↓ Interactive Marketing (12) ↓ International Marketing (9) MKTG 367 – Principles of Global Marketing (3) MKTG 467 – Global Marketing Management (3) One of the following (3) MKTG 387 – International Study in Marketing (3) MKTG 410 – Professional Selling and Cultural Perspectives (3) MKTG 415 – Global Selling Perspectives (3) Professional Sales (9) ↓ Rationale: The last several decades have seen unprecedented integration of the global economy. Foreign direct investment and international trade have grown by over 1,000% and 400%, respectively. This has had several positive benefits, such as increased access to global standards of excellence, faster diffusion of innovation, and a fusion of cultures. However, it has also posed many challenges to the domestic economy in terms of increased competitiveness, job shifts, and downward pricing pressures. Thus, to remain competitive in a global economy, there is a tremendous need to develop a globally aware and culturally sensitive student. The proposed area of study for marketing majors will help meet these challenges. Other catalog change: Page 85, 2010-2011 Undergraduate Catalog Minor in International Marketing The minor in international marketing is available to NIU undergraduate students in good academic standing. The minor in international marketing is not open to students with a major or a minor in marketing. Admission in the international marketing minor is competitive based on the student’s overall GPA. Students wishing to apply for the minor in international marketing must complete an application by the semester deadline; applications and deadline dates are available in the Department of COLLEGE OF BUSINESS Curriculum Committee September 14, 2010 Page 3 of 3 2010-11 #2 Marketing. Students in the international marketing minor must receive a C or better in each of the required marketing courses and marketing electives. Pre-Admission Requirements (9-10) PSYC 102 - Introduction to Psychology (3) UBUS 223 - Introduction to Business Statistics (3) OR STAT 301 - Elementary Statistics (4) OR STAT 350 - Introduction to Probability and Statistics (3) ECON 261 - Principles of Macroeconomics (3) Requirements (18-27) MKTG 310 - Principles of Marketing (3) OR UBUS 310 - Business Core Lecture (9) and UBUS 311 - Business Core Application (3) MKTG 367 - Principles of Global Marketing (3) MKTG 467 - Global Marketing Management (3) Two of the following (6) MKTG 325 - Buyer Behavior (3) MKTG 350 - Principles of Selling (3) MKTG 443 - Marketing Research (3) One of the following (3) MKTG 387 - International Study in Marketing (3) MKTG 410 - Professional Selling and Cultural Perspectives (3) MKTG 415 - Global Selling Perspectives (3) OMIS 400 - International Study in Operations and Information Management INTL 301 - Study Abroad Programs (3) INTL 401 - Study Abroad Programs (3) Rationale: The last several decades have seen unprecedented integration of the global economy. Foreign direct investment and international trade have grown by over 1,000% and 400%, respectively. This has had several positive benefits, such as increased access to global standards of excellence, faster diffusion of innovation, and a fusion of cultures. However, it has also posed many challenges to the domestic economy in terms of increased competitiveness, job shifts, and downward pricing pressures. Thus, to remain competitive in a global economy, there is a tremendous need to develop a globally aware and culturally sensitive student. The proposed international marketing minor will help meet these challenges. An international marketing minor also directly addresses Standard 15 of the AACSB’s Assurance of Learning standards, including the general knowledge and skill areas of 1) the dynamics of the global economy and 2) multicultural and diversity thinking, and also the management-specific knowledge and skill in the “domestic and global economic environments of organization” category.