College of Business AdministrationThe College of Business Administration offers four master's programs and one doctoral program. All graduate programs in business administration are accredited by the American Assembly of Collegiate Schools of Business (AACSB). The four professional programs leading to the master's degree are: Master of Business Administration, Master of Science in Accounting, Master of Science in Taxation, and Master of Arts in Applied Economics. The Master of Business Administration program is conveniently available to Brevard County and Daytona residents. Some foundation courses are offered at UCF's Brevard Campus in Cocoa, while other foundation and all the professional core courses are taught by UCF College of Business Administration faculty in Brevard County. Classes in Daytona are taught at the UCF Building on the campus of Daytona Beach Community College. Also offered is a Doctor of Philosophy (Ph.D.) in Business Administration. The doctoral program will be accepting new students for the 1999 Fall semester. The mission of the College of Business Administration at the University of Central Florida is to provide quality business education programs, at the undergraduate, graduate, and executive levels, to the citizens of the state of Florida and to selected clientele nationally and internationally. In delivering these programs, the college places primary emphasis on excellent teaching and research with a strong commitment to developing mutually supportive relationships with the business community of Central Florida. In pursuit of its mission, the College of Business Administration affirms its commitment to the university's focus on excellence and accent on the individual. Furthermore, the college pledges to deliver innovative and progressive programs to its clientele. As the college enters the twenty-first century, it has adopted "Driven by Excellence" as a motto and guiding force in achieving its goals and objectives. For more information, visit the College of Business Administration web site.
College Administration T. L. Keon.................................................Dean R. E. Michaels...........................Interim Associate Dean R. C. Ford.......................................Associate Dean E. Odisho............................Brevard Campus Coordinator Phone:(407) 632-0098 J. H. Potts..........................Daytona Campus Coordinator Phone:(904) 255-7423, ext. 4071 Faculty Programs: Doctor of Philosophy in Business Administration Master of Arts in Applied Economics Master of Business Administration/Executive M.B.A. Master of Science in Accounting Master of Science in Taxation Priority Application Deadlines:
Admission to Master's Programs Admissions are restricted each semester to an allotted number of individuals showing high promise of success in postgraduate studies. Admission criteria include academic achievement as an upper-division undergraduate student and satisfactory performance on the GMAT (minimum score of 500). For the M.A. in Applied Economics degree only, scores on either the GRE or GMAT may be submitted. Both GMAT and GRE scores have a limit of 5 years. Other indicators of promise include the applicant's extracurricular activities, work experience and job responsibilities, and leadership experience. Foreign students whose native language is not English are required to achieve a score of at least 233 (computer-based test) or 577 (paper-based test) on the Test of English as a Foreign Language (TOEFL). The TSE may be required if deemed necessary by faculty recommendation. Enrollment in graduate courses in the College of Business Administration is limited to students who have been accepted and classified with regular graduate status in the M.B.A. program, M.S. in Accounting, M.S. in Taxation, or M.A. in Applied Economics, and to other students with regular graduate status elsewhere in the university. Graduate-level courses may not be taken unless a student is accepted into a graduate program. Under special circumstances, and with the permission of the Associate Dean for Graduate Studies, six (6) hours in one semester may be taken as a non-degree-seeking student. The student must have a 3.25 GPA from an AACSB accredited school, and must take the GMAT during that semester.
An applicant will not be considered for admission to
any graduate course until an official score on the GMAT or
GRE (and TOEFL, if appropriate) has been received in addition
to transcripts showing proof of attainment of the
bachelor's degree and transcripts from all colleges attended.
Academic Standards
Master of Business Administration R. C. Ford......................Graduate Program Coordinator Office: BA 240, Phone: (407) UCF-2412 E. Odisho........Brevard Campus Graduate Program Coordinator Phone:(407) 632-0098 J. H. Potts......Daytona Campus Graduate Program Coordinator Phone: (904) 255-7423, ext. 4071The program leading to the Master of Business Administration degree at the University of Central Florida is designed to develop the student's analytical, problem-solving, and decision-making capabilities to meet the challenges of leadership in professional management positions at present and in the changing world of the future. The curriculum provides a challenging and creative learning environment in an intensive program of study that has a broad-based administrative emphasis. Recognizing that management methods of tomorrow may bear little resemblance to techniques in current use, the program emphasis is on sound general principles and decision-making techniques that provide a base for continued learning and professional development rather than upon business procedures which are subject to obsolescence. The program can be completed on either a full-time or part-time basis on the Orlando Campus. For Brevard County residents, the program is available on a part-time basis in the evening with some foundation course work offered on UCF's Brevard Campus in Cocoa, with the remaining foundation and all professional core course work taught by College of Business Administration faculty in Brevard County. The program is also offered on a part-time basis, evenings, at the UCF Building on the Daytona Beach Community College campus. Degree Requirements Normally, the M.B.A. program can be completed in two years of full-time study. Recent related course work in business administration and certain quantitative areas, however, can reduce the length of the program. The curriculum consists of two parts, a foundation core and a professional core. The foundation core is defined by the course requirements listed below, and its completion is a prerequisite to entering the professional core. Note that all or part of the foundation core requirements may be satisfied through advanced standing given in view of a student's prior equivalent course work at the undergraduate or graduate level provided such course work has been satisfactorily completed at a regionally accredited college or university, preferably one accredited by the AACSB.
Foundation Core 28 Semester Hours
ACG 5005 Financial and Managerial Accounting
Concepts 3 hours
BUL 5125 Legal and Social Environment of Business 3 hours
ECO 5005 Economic Concepts 3 hours
ECO 5415 Statistics for Business and Economics 3 hours
FIN 5405 Financial Concepts 3 hours
ISM 5021 Introduction to Management Information
Systems 3 hours
MAC 2233 Concepts of Calculus 3 hours
MAN 5050 Management Concepts 2 hours
MAN 5501 Introduction to Production/Operations
Management 2 hours
MAR 5055 Marketing Concepts 3 hours
The professional core consists of 24 credit hours of
advanced course work that substantially extends and applies
knowledge developed in the foundation core. In addition,
through the selection of nine credit hours of approved electives,
the student has the opportunity to develop some degree of
emphasis in one of the following academic areas:
accounting, economics, finance, hospitality management,
management, marketing; or specialized areas of information systems,
entrepreneurship, or international business.
Professional Core 24 Semester Hours ACG 6425 Managerial Accounting Analysis 3 hours ECO 6115 Economic Analysis of the Firm 3 hours ECO 6416 Statistical Methods for Business Decisions 3 hours FIN 6406 Financial Analysis and Management 3 hours MAN 6245 Organizational Behavior and Development 3 hours MAN 6546 Quantitative Models for Business Decisions 3 hours MAN 6721 Business Policy and Responsibility 3 hours MAR 6816 Marketing Policy 3 hoursAccounting undergraduate majors may not take ACG 6425, but must take an elective in any other business area. Electives9 Semester Hours M.B.A. Specializations Entrepreneurship FIN 6475 Business Valuation 3 hours GEB 6115 Entrepreneurship 3 hours MAN 6299 Creative and Innovative Management 3 hours MAR 5941 Small Business Consulting 3 hoursIn addition, students may apply to take GEB 6946, the graduate Internship in Entrepreneurship, as a substitute for one of the three required courses in the specialization. Finance FIN 6314 Management of Financial Institutions 3 hours FIN 6326 Commercial Bank Management 3 hours FIN 6425 Asset Management and Financial Decisions 3 hours FIN 6475 Business Valuation 3 hours FIN 6506 Analysis of Investment Opportunities 3 hours FIN 6507 Seminar in Investments 3 hours FIN 6627 International Financial Management 3 hours Hospitality Management
FSS 6365 Management of Food Service Operations 3 hours
HFT 6240 Managing Hospitality and
Guest Services Organizations 3 hours
HFT 6251 The Management of Lodging Operations 3 hours
HFT 6710 International Tourism Management 3 hours
International Business
ACG 6255 International and
Multinational Accounting 3 hours
ECO 6705 Seminar in International Economics 3 hours
FIN 6627 International Financial Management 3 hours
INR 6007 Seminar in International Politics 3 hours
Marketing MAR 6077 Contemporary Marketing Problems 3 hours MAR 6406 Sales Management and Control 3 hours MAR 6456 Advanced Industrial Marketing Management 3 hours MAR 6616 Marketing Research Methods 3 hours MAR 6845 Services Marketing 3 hours Examination
Minimum Hours Required for M.B.A.: 33-63 Semester Hours
Executive MBA Program Sylvia Caseres..................Graduate Program Coordinator Office: BA 237, Phone: (407) UCF-2448, e-mail: sylvia.caseres@bus.ucf.edu The Executive MBA Program offered by the University of Central Florida is designed to prepare executives and managers for the challenges they will face as they continue their career progression to positions of top leadership. The skills they develop and refine during this program will help them to achieve their full career potential and become an increasingly valuable organizational member. The EMBA program is comprised of eleven courses and two off-campus residencies. The courses, delivered in the executive classroom at the Center for Executive Development in the College of Business Administration, are designed to expose participants to new methods, concepts, and tools that will enhance their business and leadership skills. Innovative teaching methodologies such as team-based projects, interdisciplinary case studies, simulations, debating-the-issues activities, and self-assessment exercises are used to enhance the learning experience. Each of the off-campus residencies is designed for very specific purposes. The first residency, at the beginning of the program, prepares participants for the academic and intellectual challenges of the EMBA faculty. The mid-program resi dency provides participants a rejuvenating change of pace and includes special sessions and guest speakers from around the country.
Residency IKick-Off Retreat
Session I Economic Analysis of the Firm (ECO 6115) Statistical Methods for Business Decisions (ECO 6416) Residency IIMid-Program Retreat
Session IV Organizational Behavior and Development (MAN 6245) International Business Environment (GEB 6365)NOTE: The EMBA curriculum is constantly being revised and improved to reflect the demands and expectations of the business community, and courses and subjects may be different for future classes.
Master of Science in Accounting L. J. Savage...................Gradute Program Coordinator Office: BA 433, Phone: (407) UCF-5661 or UCF-2871, e-mail: linda.savage@bus.ucf.edu The Master of Science in Accounting degree provides candidates with greater breadth and depth in accounting than is possible in baccalaureate programs. The program emphasis is on the preparation of individuals for careers as professional accountants in public practice, financial institutions, governments, industry, and nonprofit organizations. The program also prepares students to qualify for the CPA examination. (This program satisfies the requirements of the State Board of Accounting.) The Master of Science in Accounting degree is awarded upon satisfactory completion of a graduate program of 30 semester hours. At least 15 of the 30 hours must be made up of courses at the 6000 level. Students, with the assistance and approval of the program adviser, may select an area of specialization in Management, Public, Tax, General, or Not-for-Profit Accounting. Following is a list of required courses and restricted electives.
Degree Requirements Required Courses15 Semester Hours ACG 5346 Cost Accounting II 3 hours ACG 5636 Advanced Auditing Topics 3 hours ACG 6405 Accounting Information Systems II 3 hours ACG 6805 Seminar in Accounting Theory 3 hours TAX 5015 Federal Income Tax II 3 hours Restricted Electives15 Semester Hours
Foundation Core49 Semester Hours
ACG 3101 Intermediate Financial Accounting I 3 hours
ACG 3111 Intermediate Financial Accounting II 3 hours
ACG 3361 Cost Accounting I 3 hours
ACG 4203 Advanced Accounting 3 hours
ACG 4401 Accounting Information Systems 3 hours
ACG 4651 Auditing 3 hours
ACG 5005* Financial and Managerial
Accounting Concepts 3 hours
BUL 3320 Business Law I 3 hours
BUL 3321 Business Law II 3 hours
CGS 2100C Computer Fundamentals for Business 3 hours
ECO 5005* Economic Concepts 3 hours
ECO 5415* Statistics for Business and Economics 3 hours
FIN 5405* Financial Concepts 3 hours
MAN 5050* Management Concepts 2 hours
MAN 5501* Introduction to Production/Operations
Management 2 hours
MAR 5055* Marketing Concepts 3 hours
TAX 4001 Federal Income Tax I 3 hours
* Or undergraduate course equivalent taken as an undergraduate student.
Students who have not completed ACG 3501 Financial Accounting for Governmental and Nonprofit Organizations, or equivalent, must complete ACG 6519 Seminar in Governmental and Nonbusiness Accounting and Auditing prior to graduation. Students must show clear evidence of proficiency in oral and written communication and computer usage.
Examination
Master of Science in Taxation Graduate Program Coordinator.............................Dale Bandy Office: BA 435, Phone: (407) UCF-2964 or UCF-2871. e-mail: dbandy@bus.ucf.edu The Master of Science in Taxation degree program provides candidates with an opportunity to specialize in taxation. The program emphasis is on the preparation of individuals for careers as professional accountants in public practice, government, and industry. This program satisfies the requirements of the State Board of Accounting to qualify for the CPA examination. The Master of Science in Taxation degree is awarded upon completion of a graduate program with a minimum of 30 semester hours. The program consists of 18 hours of required graduate tax courses and 12 hours of restricted electives. Electives are selected with the assistance and approval of the adviser. Required courses and available electives are described below. Degree Requirements
Required Courses 18 Semester Hours
TAX 5015 Federal Income Tax II 3 hours
TAX 6065 Seminar in Tax Research 3 hours
TAX 6135 Seminar in the Taxation of
Corporations and Shareholders 3 hours
TAX 6205 Seminar in Taxation of Partnership Income 3 hours
TAX 6405 Seminar in Taxation of Estates,
Gifts, and Trusts 3 hours
TAX 6845 Seminar in Tax Planning 3 hours
Restricted Elective Courses 12 Semester Hours
A total of 12 semester hours of electives must be selected with adviser approval. Master of Science in Taxation electives may be selected from either the required courses or any category of elective courses available in the Master of Science in Accounting degree program (other than the 18 semester hours of tax courses listed above).
Foundation Core 49 Semester Hours
Examination
Minimum Hours Required for M.S. 30 Semester Hours
Master of Arts in Applied Economics
Graduate Program Coordinator.......................T. L. Martin Office: BA 325, Phone: (407) UCF-2870, e-mail: thomas.martin@bus.ucf.edu The Master of Arts in Applied Economics degree is a one-year (full-time) or two-year (part-time) program designed to provide specialization in economics for persons desiring careers as economists in the academic, governmental, business, and financial communities. Contemporary society offers almost unlimited opportunities to individuals with an understanding of economic relationships and the tools of analysis to understand today's economic problems. Economists work on such problems as sales forecasting, market analysis, economic feasibility, hedging and commodity pricing, unemployment, inflation, balance of payments, energy development, pollution abatement, and many other current problems. Degree Requirements The Master of Arts in Applied Economics degree requires 30 semester hours presuming that all of the prerequisites have been completed prior to admission. Prerequisites12 Semester Hours ECO 3401 Quantitative Business Tools I 3 hours ECO 5005 Economic Concepts 3 hours ECO 5415 Statistics for Business and Economics 3 hours MAC 1105 College Algebra 3 hours Prerequisite work may be entirely or partially satisfied through prior equivalent course work. Normally, such course work must have been satisfactorily completed at a regionally accredited college or university, preferably one accredited by the AACSB. Prerequisite course work does not count toward the 30 semester hours credit required for completion of the M.A. in Applied Economics degree. Required Courses 9 Semester Hours ECO 6115 Economic Analysis of the Firm 3 hours ECO 6206 Aggregate Economic Conditions and Analysis 3 hours ECO 6416 Statistical Methods for Business Decisions 3 hours Economics Electives12-21 Semester Hours Non-Economics Electives0-9 Semester Hours Thesis or Internship6 Semester Hours Final Examination Minimum Hours Required for M.A.A.E. 30 Semester HoursCareer-Oriented Elective Specializations Candidates for the Master of Arts in Applied Economics degree are encouraged to use the flexibility provided in the elective portion of the program to design a plan of study that enhances their particular career interests. The suggested career-oriented elective specializations that follow are representative of some of the possibilities for packaging electives. Financial Economics
ECO 6226 Seminar in Money, Banking,
and Monetary Policy 3 hours
ECO 6266 Business Cycles and Forecasting 3 hours
ECP 6705 Managerial Economics 3 hours
FIN 6406 Financial Analysis and Management 3 hours
FIN 6425 Asset Management and Financial Decisions 3 hours
FIN 6506 Analysis of Investment Opportunities 3 hours
FIN 6627 International Financial Management 3 hours
Public Sector Economics
ECO 6226 Seminar in Money, Banking,
and Monetary Policy 3 hours
ECO 6505 Public Finance and Fiscal Policy 3 hours
ECP 6205 Labor Economics 3 hours
ECP 6405 Industrial Organization and Performance 3 hours
ECP 6605 Economics of Urban and Regional Problems 3 hours
ECP 6705 Managerial Economics 3 hours
REE 6306 Corporate Real Estate Investment
Decision-Making 3 hours
Approved electives in Public Administration
Approved electives in Political Science
Approved electives in Political Theory
Quantitative Economics ECO 6266 Business Cycles and Forecasting 3 hours ECO 6424 Econometrics 3 hours ECP 6705 Managerial Economics 3 hours MAN 6546 Quantitative Models for Business Decisions 3 hours MAR 6616 Marketing Research Methods 3 hours International Political Economy ECO 6705 Seminar in International Economics 3 hours ECS 6015 Economic Development 3 hours FIN 6627 International Financial Management 3 hours INR 6007 Seminar in International Politics 3 hours Human Resource Economics
ECP 6205 Labor Economics 3 hours
ECS 6015 Economic Development 3 hours
EIN 5117 Management Information Systems I 3 hours
EIN 6258 Human Computer Interaction 3 hours
EVT 6267 Vocational Program Planning, Development
and Evaluation 2-4 hours
ISM 6121 Systems Analysis and Development 3 hours
MAN 6245 Organizational Behavior and Development 3 hours
MAN 6305 Personnel Resources Administration 3 hours
PAD 6417 Human Resource Management 3 hours
Doctor of Philosophy in Business Administration Contact the Office of Student Support Room: BA 240, Phone: (407) UCF-2184 The objective of the doctoral program in Business Administration is to prepare students for academic careers in higher education and management careers in profit and nonprofit organizations. Success in the program is judged by the student's understanding of the issues and methodologies essential to the advancement of knowledge. Doctoral work is based on the achievement of academic and research competencies, rather than a specific number of courses. A student who participates in a doctoral program of study is expected to strive for the knowledge and skills necessary to develop excellence in teaching and to conduct quality research, and should at all times maintain the highest ideals of academic integrity and scholarship. Application Deadline
* Students applying for financial assistance should apply by February 1. Admissions All required application documents including application, official transcripts, and GMAT test scores must be received in the Office of Graduate Studies (AD 230) by the university's deadline, May 15. Consideration for financial assistance will begin for applications received by February 1. Degree Requirements
Area Range of Semester Hours Required
Preparation and Courses:
MBA degree or equivalent1 30 hours
Major 12-21 hours
Minor/Support Area 6-9 hours
Research Tools2 12-15 hours
Teaching3 0-3 hours
Candidacy Examination4 24 hours
Dissertation5 24 hours
Total Semester Hours Required 84-96 hours
The general expectations for each major follow. Each
program is tailored to the needs of the individual student
and may require work that is not included in the following
descriptions.
Accounting Major Foundation Body of Knowledge30 Semester Hours Accounting Major Concentration 16 Semester Hours
ACG 7157 Seminar in Financial Accounting Research 3 hours
ACG 7887 Accounting Research Forum 4 hours
(Workshop, 1 hour credit per semester)
ACG 7915 Directed Research in Accounting 3 hours
Two other seminars from the following: ACG 7399 Seminar in Behavioral Accounting Research 3 hours ACG 7699 Seminar in Auditing Research 3 hours TAX 7066 Seminar in Doctoral Tax Research 3 hours Minor/Support Area 9 Semester Hours
Research Tools 15 Semester Hours
FIN 7807 Corporate Finance Theory 3 hours
GEB 7910 Research Methods in Business 3 hours
QMB 7565 Applied Statistical Business
Decision Models 3 hours
The remaining nine semester hours (in addition to the minor concentration) typically are selected from offerings in the following disciplines:
Candidacy Examination Dissertation 24 Semester Hours Minimum Hours Required for Ph.D. 85 Semester HoursFinal Defense The successful completion of a final oral examination is required. This examination concentrates on, but is not limited to, the student's dissertation defense. Finance Major Foundation Body of Knowledge 30 Semester Hours
Finance Major Concentration 12 Semester Hours
FIN 7807 Corporate Finance Theory 3 hours
FIN 7813 Seminar in Financial Markets
and Institutions 3 hours
FIN 7816 Investment Theory 3 hours
FIN 7930 Seminar in Finance 3 hours
Minor/Support Area 6 Semester Hours
ECO 7116 Microeconomic Theory 3 hours
ECO 7205 Macroeconomic Theory 3 hours
Research Tools 12 Semester Hours
ECO 7433 Econometrics 3 hours
ECO 7424 Applied Models I 3 hours
ECO 7425 Applied Models II 3 hours
ECO 7428 Time Series 3 hours
Teaching Requirement0-3 Semester Hours Candidacy Examination Dissertation 24 Semester Hours Minimum Hours Required for Ph.D. 84 Semester Hours Final Defense Management Major Foundation Body of Knowledge30 Semester Hours Management Major Concentration21 Semester Hours
MAN 7275 Organizational Behavior 3 hours
MAN 7207 Organization Theory 3 hours
MAN 7776 Business-level Strategic Management OR 3 hours
MAN 7777 Corporate-level Strategic Management 3 hours
MAN 7XXX Directed Readings in Management
(to be determined by the student's
doctoral study advisory committee)
3 hours; taken two times for a total of 6 hours
In addition, two courses from the following are required:
ISM 7029 Doctoral Seminar in MIS 3 hours
MAN 7776 Business-level Strategic Management (if not
taken to satisfy one of the requirements listed
above) 3 hours
MAN 7777 Corporate-level Strategic Management (if
not taken to satisfy one of the requirements
listed above) 3 hours
Other management electives as they are developed for the
program
Minor/Support Area6 Semester Hours
Research Tools12 Semester Hours ECO 7424 Applied Models I 3 hours ECO 7425 Applied Models II 3 hours An additional 6 hours of research tools courses must be approved by the student's advisory committee. Examples of courses that will satisfy this requirement include GEB 7910, STA 5205, PSY 6216, PSY 6217, PSY 6308, and ECO 6424. Teaching Requirement3 Semester Hours Candidacy Examination Dissertation 24 Semester Hours Minimum Hours Required for Ph.D. 93 Semester Hours Final Defense Marketing Major Foundation Body of Knowledge30 Semester Hours
Marketing Major Concentration 12 Semester Hours
MAR 7575 Seminar in Consumer Behavior 3 hours
MAR 7638 Seminar in Marketing Theory, Scaling, and
Measurement 3 hours
MAR 7666 Seminar in Marketing Models 3 hours
MAR 7807 Seminar in Marketing Strategy 3 hours
Minor/Support Area 6 Semester Hours
Advanced Research Concentration:
MAR 7919 Doctoral Research
The Marketing doctoral curriculum requires advanced
work in an area of concentration. This work will be done after
the student is admitted to candidacy. The minimum number
of hours required is six. The purpose of this advanced work is
to allow students to focus on an area of interest, which
optimally will be the focal area and/or the catalyst for the
dissertation research. Students may repeat the course for
credit and may take multiple 3-hour courses simultaneously
within a semester. Prior to taking MAR 7919 students are
required to have completed the four marketing doctoral major
concentration courses and the marketing comprehensive
examination. Likely topical areas are:
Advanced Marketing Strategy Research Tools 15 Semester Hours CLP XXXX Quasi Experimental Design 3 hours CLP XXXX Causal Modeling 3 hours ECO 6424 Econometrics 3 hours ECO 7424 Applied Models I 3 hours ECO 7425 Applied Models II 3 hours Teaching Requirement3 Semester Hours Candidacy Examination Dissertation 24 Semester Hours Minimum Hours Required for Ph.D. 90 Semester Hours Final Defense
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