College of Business Administration

The 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

School of Accounting A. J. Judd.....................Director and Associate Professor H. Anderson, Ph.D.....................................Professor C. D. Bailey, Ph.D....................................Professor D. D. Bandy, Ph.D.........................C. G. Avery Professor R. Roberts, Ph.D..............Burnett Eminent Scholar Professor T. G. Evans, Ph.D.....................................Professor J. H. Potts, Ph.D.....................................Professor J. H. Salter III, Ph.D..................Ernst & Young Professor P. Dwyer, Ph.D..............................Associate Professor P. M. Goldwater, Ph.D.......................Associate Professor W. L. Johnson, Ph.D.........................Associate Professor C. F. Kelliher, Ph.D........................Associate Professor T. E. Phillips, Ph.D........................Associate Professor P. B. Roush, Ph.D...........................Associate Professor L. J. Savage, Ph.D..........................Associate Professor J. K. Welch, Ph.D...........................Associate Professor D. Bobek, Ph.D..............................Assistant Professor L. Mahoney, Ph.D............................Assistant Professor M. T. Zarzeski, Ph.D........................Assistant Professor
Economics R. A. Hofler, Ph.D..........................Chair and Professor W. W. McHone, Ph.D....................................Professor F. A. Raffa, Ph.D.....................................Professor B. Rungeling, Ph.D....................................Professor B. M. Braun, Ph.D...........................Associate Professor A. E. Day, Ph.D.............................Associate Professor W. E. Gibbs, Ph.D...........................Associate Professor D. A. Hosni, Ph.D...........................Associate Professor J. Lee, Ph.D................................Associate Professor T. L. Martin, Ph.D..........................Associate Professor R. L. Pennington, Ph.D......................Associate Professor M. Soskin, Ph.D.............................Associate Professor K. R. White, Ph.D...........................Associate Professor J. A. Xander, Ph.D..........................Associate Professor R. Agarwal, Ph.D............................Assistant Professor C. Co, Ph.D.................................Assistant Professor J. A. Elston, Ph.D..........................Assistant Professor C. Gallett, Ph.D............................Assistant Professor J. List, Ph.D...............................Assistant Professor B. Sen, Ph.D................................Assistant Professor K. M. Tomlin, Ph.D..........................Assistant Professor

Finance J.M. Cheney, D.B.A................Chair and Associate Professor D. F. Scott, Jr., Ph.D.....Chair in American Private Enterprise and Professor S. D. Smith, Ph.D..........SunTrust Banking Chair and Professor R. Ajayi, Ph.D..............................Associate Professor S. M. Atkinson, D.B.A.......................Associate Professor S. F. Borde, Ph.D...........................Associate Professor J. M. Cheney, D.B.A.........................Associate Professor R. Lamb, Ph.D......................Visiting Associate Professor S. Michelson, Ph.D..........................Associate Professor N. K. Modani, Ph.D..........................Associate Professor H. Park, Ph.D...............................Associate Professor R. Ramanlal, Ph.D...........................Associate Professor W. C. Weaver, Ph.D..........................Associate Professor A. M. Whyte, Ph.D...........................Associate Professor D. Winters, Ph.D............................Associate Professor A. K. Byrd, Ph.D............................Assistant Professor Y. Choi, Ph.D...............................Assistant Professor J. H. Gilkeson, Ph.D........................Assistant Professor G. E. Porter, Ph.D..........................Assistant Professor

Hospitality Management E.T. Ellis, Ph.D..........Interim Chair and Associate Professor A. Pizam, Ph.D........................................Professor S. M. LeBruto, Ed.D.........................Associate Professor A. Milman, Ph.D.............................Associate Professor R. Upchurch, Ph.D...........................Associate Professor

Management H. R. Jones, Ph.D...................Interim Chair and Professor L. W. Fernald, Jr., D.B.A.............................Professor R. C. Ford, Ph.D...................Associate Dean and Professor J. S. Harrison, Ph.D..................................Professor R. C. Huseman, Ph.D...................................Professor H. R. Jones, Ph.D.....................................Professor T. L. Keon, Ph.D......................................Professor and Dean of the College of Business Administration W. Leigh, Jr., Ph.D...................................Professor D. L. Stone, Ph.D.....................................Professor W. A. Bogumil, Jr., Ph.D....................Associate Professor W. G. Callarman, D.B.A......................Associate Professor C. M. Ford, Ph.D............................Associate Professor S. Goodman, Ph.D............................Associate Professor M. A. Gowan, Ph.D...........................Associate Professor F. F. Jones, Ph.D...........................Associate Professor B. Barringer, Ph.D..........................Assistant Professor D. O. Neubaum, Ph.D.........................Assistant Professor R. Purvis, Ph.D.............................Assistant Professor T. L. Roberts, Ph.D.........................Assistant Professor M. Uhl-Bien, Ph.D...........................Assistant Professor L. West, Ph.D...............................Assistant Professor

Marketing R. E. Michaels, Ph.D........................Chair and Professor D. L. Davis, D.B.A....................................Professor P. L. Gillett, Ph.D...................................Professor G. W. Paul, Ph.D......................................Professor R. S. Rubin, Ph.D.....................................Professor J. Allen, Ph.D..............................Associate Professor D. A. Fuller, Ph.D..........................Associate Professor M. Arnold, Ph.D.............................Assistant Professor S. Das, Ph.D................................Assistant Professor R. Echambadi, Ph.D..........................Assistant Professor J. I. Ganesh, Ph.D..........................Assistant Professor M. Luckett, Ph.D............................Assistant Professor R. Pimentel, Ph.D...........................Assistant Professor K. L. Reynolds, Ph.D........................Assistant Professor J. C. White, Ph.D...........................Assistant Professor B. Quaintance, M.B.A.................................Instructor

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:
Fall admission
Spring admission
Summer admission
June 15
November 1
March 15
NOTE: Students applying for fellowships should contact the Fellowships Coordinator in the Office of Graduate Studies for more information (gradfaid@mail.ucf.edu or 407/823-6497).

Admission to Master's Programs
Before candidates will be considered for admission, all required application documents—application, official transcripts, GMAT test score (or GRE test score for the program in Applied Economics only) and for M.B.A. and M.A.E. only, two essays and three recommendations—must be received in the College of Business Graduate Office by admission deadline. Admission to graduate study in the College of Business Administration is open to individuals with a baccalaureate degree in any discipline from a regionally accredited college or university. Thus, all graduate programs are open to graduates in education, engineering, arts, sciences, and other fields as well as business.

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
Graduate students in the College of Business Administration must maintain an overall 3.0 GPA in both their program of study and any graduate or undergraduate foundation core courses. In the event this is not maintained, a graduate student shall be placed in an academic provisional status. If a 3.0 GPA (grades of "B" or better) is then not obtained in the subsequent 9 semester hours of course work, the graduate student will be disqualified from the program. Students in all graduate programs must achieve a minimum grade of "C" in all foundation and professional core courses. Further, if graduate students accumulate grades of "C" or lower or unresolved "I" grades in more than three (3) foundation core courses, they will be disqualified from the program. If graduate students accumulate more than six (6) hours of "C" or lower and/or unresolved "I" grades on course work in the professional core, then they will be disqualified from the graduate program. Grade forgiveness policy does not apply to any courses (graduate or undergraduate) taken by graduate students in the College of Business Administration.


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. 4071

The 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 hours

Accounting undergraduate majors may not take ACG 6425, but must take an elective in any other business area.

Electives—9 Semester Hours
Electives may be taken in accounting, economics, finance, hospitality management, marketing, management, or information systems management. One elective course may be taken outside the College of Business Administration with permission of the graduate program coordinator. The M.B.A. program does not require a thesis. Students may not take more than 9 total semester hours in Accounting or Tax courses in the M.B.A. degree.

M.B.A. Specializations

Entrepreneurship
The entrepreneurship specialization requires nine hours of restricted electives within the M.B.A. degree. Students should take three of the four classes listed below:


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 hours

In 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
An M.B.A. specialization in finance requires a minimum of nine hours of restricted graduate electives chosen from the list below. Undergraduate finance majors must choose an additional restricted elective instead of taking FIN 6406 (one of the Professional Core courses).


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
An M.B.A. specialization in hospitality management requires a minimum of nine hours of graduate electives chosen from the list below.


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
An M.B.A. specialization in international business requires six hours of restricted graduate electives in addition to GEB 6365. Students may take their six hours from the following courses.


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
Students seeking a specialization in marketing must be enrolled in the M.B.A. program. A specialization in marketing requires a minimum of nine hours of graduate electives in addition to MAR 6816. Students may take their nine hours of elective courses in marketing from the following courses.


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
The end-of-program requirement for the Master of Business Administration degree will include the following:

  • Students completing the program in three (3) consecutive years (no interruptions) or less will complete the capstone, integrative course MAN 6721, Business Policy and Responsibility, with a grade of "B" or better.
  • Students requiring more than three (3) years to complete the professional core and those who do not complete MAN 6721 with a "B" or better must pass a comprehensive, integrative examination consisting of four (4) equal parts covering the areas of economics, finance, management, and marketing. Each part of the test must be passed. If any part of the examination is failed on the initial attempt, the student will prepare a plan of study in cooperation with that department chair and the M.B.A. graduate program coordinator in order to be eligible to retake that part of the exam the following term. Each section may be taken a maximum of two times.

			

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 I—Kick-Off Retreat


Session I

Economic Analysis of the Firm (ECO 6115)

Statistical Methods for Business Decisions (ECO 6416)



Session II Managerial Accounting Analysis (ACG 6425) Planning and Control Analysis (MAN 6055)

Session III Financial Analysis and Management (FIN 6406) Marketing Policy (MAR 6299)

Residency II—Mid-Program Retreat


Session IV

Organizational Behavior and Development (MAN 6245)

International Business Environment (GEB 6365)



Session V Creative and Innovative Management (MAN 6299) Business Policy and Responsibility (MAN 6721) Contemporary Strategic Issues (GEB 6918)

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 Courses—15 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 Electives—15 Semester Hours
Two graduate courses from within the School of Accounting. Three graduate courses from other disciplines in the College of Business Administration.

Foundation Core—49 Semester Hours
The courses included in the foundation core are listed below. A recent UCF accounting undergraduate degree satisfies the foundation core requirement. Other recent related business administration course work may partially or fully satisfy this requirement. Any deficiencies must be satisfied before advanced course work can be taken.


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
Satisfactory completion of an end-of-program comprehensive examination is required. The M.S. in Accounting program does not require a thesis.


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
The courses included in the foundation core are listed under the Master of Science in Accounting degree requirements. A recent UCF accounting undergraduate degree satisfies the foundation core requirement. Other recent related business administration course work may partially or fully satisfy this requirement. Any deficiencies must be satisfied before advanced course work can be taken.

Examination
Satisfactory completion of the end-of-program comprehensive examination is required.


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.

Prerequisites—12 Semester Hours
The following prerequisites (or equivalents) should be completed before enrolling in 6000-level graduate courses:


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 Electives—12-21 Semester Hours
A minimum of twelve additional hours of economics electives is required.

Non-Economics Electives—0-9 Semester Hours
A maximum of nine hours of approved non-economics electives may be completed in disciplines such as accounting, finance, management, marketing, mathematics, statistics, public administration, and computer science. Career-oriented elective specializations are presented below; however, no more than 6 hours outside the College of Business Administration may be used.

Thesis or Internship—6 Semester Hours
Six credit hours of thesis or internship may be used to complete the M.A. in Applied Economics degree. The candidate may fulfill this requirement by completing: (1) a formal thesis on a topic selected in consultation with the candidate's advisory committee and meeting both departmental and university requirements or (2) an internship consisting of work in a business or governmental agency and an end-of-project, thesis-quality report.

Final Examination
Candidates must satisfactorily complete a comprehensive final examination. If the thesis or internship option is chosen to complete the degree, the examination will normally consist of an oral examination over the thesis or internship project. The candidate's supervisory committee will have discretion to determine the extent of this requirement. Candidates choosing the non-thesis option will be required to pass a written or oral examination covering economic theory and six hours of elective course work.

			

Minimum Hours Required for M.A.A.E.             30 Semester Hours

Career-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
For candidates seeking careers as financial economists in the fields of banking, brokerage, corporate, or personal finance, selection among the following electives is recommended:

			

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
For candidates seeking careers in the public sector as planners, policy analysts, or regulators, selection among the following electives is recommended.


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
For candidates seeking careers as analysts, consultants, or researchers in business, government, or nonprofit institutions, selection among the following quantitative electives is recommended:


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
For candidates seeking positions with international organizations (such as the World Bank or United Nations), or overseas business or government appointments, selection among the following electives is recommended:


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
For candidates seeking careers in the area of human resources development or positions in interdisciplinary manpower-related issues, selection among the following electives is recommended:


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

Fall admission only May 15*

* Students applying for financial assistance should apply by February 1.

Admissions
Students applying for admission to the doctoral program in Business Administration will be required to submit scores on the Graduate Management Admission Test (GMAT). International students must submit a score of 233 (computer-based test) or 577 (paper-based test) on the Test of English as a Foreign Language (TOEFL) if they are not a graduate from an accredited college or university in the United States. International students must also submit a minimum score of 240 on the Test of Spoken English (TSE). Admission decisions are made on the recommendation of the faculty of the appropriate department or school. Admissions will be made only for Fall semesters, every other year.

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
Upon admission to the doctoral program, the student will be assigned an advisory committee. The student, with the approval of the student's advisory committee, will complete a program of study, which will consist of the following:


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

  1. Each major may specify different requirements for this category. Consult the doctoral graduate program coordinator for a specific major.
  2. All doctoral students are required to take two applied statistics courses. Other research tool courses will be specified by the major.
  3. Each major will require some education related to teaching. It may take the form of classes, noncredit seminars, mentoring, or a teaching requirement. Consult the doctoral graduate program coordinator for a specific major.
  4. The student must successfully complete a comprehensive Candidacy Examination. This examination has written and oral parts, and covers the candidate's program of study. Students are admitted to candidacy after satisfying all general degree requirements, passing the comprehensive exam, and fulfilling the residency requirement.
  5. The student must successfully defend a written dissertation proposal in an oral examination conducted by the student's advisory/dissertation committee. The final defense of the successful dissertation will require a final oral examination that concentrates on, but is not limited to, the student's dissertation defense.

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 Knowledge—30 Semester Hours
For Accounting, this requirement may be satisfied in any of these ways: (a) M.S.A., (b) M.S.T., (c) master's degree from an accredited program plus CPA, or (d) a Florida 150-hour CPA that includes certain accounting courses deemed essential by the Accounting Ph.D. graduate program coordinator or the student's advisory committee.

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
Students must select a minimum of nine hours in a unified area approved by the student's doctoral study advisory committee. Each student's program of study is individually tailored to accommodate student interests whenever possible, and this course work may be developed from offerings in the following disciplines with the advice and consent of the respective departments and advisory committee:

Computer Science
Economics
Engineering
Finance
Management
Marketing
Mathematics
Political Science
Psychology
Sociology
Statistics

Research Tools— 15 Semester Hours
The research tools requirement is intended to ensure a thorough exposure to research methods. All candidates are expected to demonstrate knowledge of mainframe and personal computers. Knowledge and use of available databases and software are also expected. The required course work must include two of the following (a total of 6 semester credit 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:

Computer Science
Economics
Engineering
Management Science
Mathematics
Psychology
Sociology
Statistics

Candidacy Examination
The student must successfully complete a comprehensive Candidacy Examination. This examination has written and oral parts, and covers the candidate's program of study. Students are admitted to candidacy after satisfying all general degree requirements, passing the comprehensive examination, fulfilling the residency requirement, and successfully defending a written dissertation proposal in an oral examination conducted by the student's advisory/dissertation committee.

				

Dissertation                                    24 Semester Hours



Minimum Hours Required for Ph.D.                85 Semester Hours

Final 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
In Finance, the foundation body of knowledge includes (a) the Common Body of Knowledge of the master's degree in Business Administration, or its equivalent, and (b) graduate credit hours (6 semester hours total) in macro and microeconomic theory, and (c) graduate courses in financial management, investments, financial institutions, and international finance.


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 Requirement—0-3 Semester Hours
The requirements for the teaching component of the doctoral degree will be developed with the doctoral graduate program coordinator based on the student's experience.

Candidacy Examination
The student must successfully complete a comprehensive Candidacy Examination. This examination has written and oral parts, and covers the candidate's program of study. Students are admitted to candidacy after satisfying all general degree requirements, passing the comprehensive examination, fulfilling the residency requirement, and successfully defending a written dissertation proposal in an oral examination conducted by the student's advisory/dissertation committee.


Dissertation                                    24 Semester Hours 



Minimum Hours Required for Ph.D.                84 Semester Hours

Final 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.

Management Major

Foundation Body of Knowledge—30 Semester Hours
In Management, the foundation body of knowledge includes the Common Body of Knowledge in an MBA degree or its equivalent from an AACSB-accredited school.

Management Major Concentration—21 Semester Hours
Students must select a major concentration from Management with a 21 hour minimum.

				

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 Area—6 Semester Hours
Students may select a minimum of six hours, typically within a unified area, approved by the student's doctoral study advisory committee. Each student's program of study is individually tailored to accommodate student interests whenever possible, and this course work may be developed from offerings in the following disciplines with the advice and consent of the respective departments and advisory committee:

Accounting
Communication
Economics
Finance
Marketing
Psychology
Sociology
Statistics

Research Tools—12 Semester Hours
The research tools requirement is intended to ensure a thorough exposure to research methods. All candidates are expected to demonstrate knowledge of statistical methods as well as usage of statistical packages, including design, analysis, and interpretation of results.

 

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 Requirement—3 Semester Hours
Students are required to teach a minimum of 3 semester hours of class instruction under the direct supervision of a faculty member. As appropriate, students will also be required to attend teaching development workshops and seminars.

Candidacy Examination
The student must successfully complete a comprehensive Candidacy Examination. This examination has written and oral segments covering the candidate's program of study. Students are also subject to examination within the minor concentration. Students are admitted to candidacy after satisfying all general degree requirements, passing comprehensive examination requirements, and fulfilling the residency requirement.

				

Dissertation                                    24 Semester Hours



Minimum Hours Required for Ph.D.                93 Semester Hours

Final 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.

Marketing Major

Foundation Body of Knowledge—30 Semester Hours
In Marketing, the foundation body of knowledge includes the Common Body of Knowledge of the master's in Business Administration or its equivalent from an AACSB-accredited school.


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
Advanced Consumer Behavior
International Marketing
Business to Business Marketing
Behavioral Models in Sales Force Management


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 Requirement—3 Semester Hours
The requirements for the teaching component of the doctoral degree will be developed with the doctoral graduate program coordinator based on the student's experience.

Candidacy Examination
The student must successfully complete a comprehensive Candidacy Examination. This examination has written and oral segments, covering the candidate's program of study. Students are also subject to examination within the minor concentration. Students are admitted to candidacy after satisfying all general degree requirements, passing comprehensive exam requirements, fulfilling the residency requirement, and successfully defending a written dissertation proposal in an oral examination conducted by the student's advisory/dissertation committee.


Dissertation                                    24 Semester Hours



Minimum Hours Required for Ph.D.                90 Semester Hours

Final 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.




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