College of Business
julie huntley, ph.d., dean
MISSION STATEMENT:
The College of Business at Oral Roberts University is firmly grounded in a concept of abundant life and the belief that all people are capable of finding prosperous living with God as their Source. The comprehensive integrated curriculum is designed to provide a business education with a commitment to the Christian way of life. The College of Business seeks (1) to graduate well-qualified professionals who provide expert leadership as corporate executives, entrepreneurs, government officials, counselors, nonprofit administrators, and teachers; and (2) to provide an education that enables business graduates to manage people and resources within the context of Christian love and Biblical principles of concern for the welfare of the whole person. To this end, students are challenged to develop a perspective of wholeness in their personal lives so that they might help their clients or students develop wholeness as a way of life.
Ardith BakerAssociate Professor of Business B.S., Pittsburg State University, 1980; M.S., Oklahoma State University, 1992; Ph.D., Walden University, 2012. |
David BurkusAssociate Professor of Business B.A., Oral Roberts University, 2005; M.A., University of Oklahoma, 2008.B.A; DSL, Regent University, 2012. |
David A. DysonProfessor of Management B.A., Oral Roberts University, 1973; M.B.A., 1978; Ph.D., University of Arkansas, 1988. |
Bill ElliottAssistant Professor of Business B.S., Oklahoma State University, 1970; M.S., Northeastern State University, 1997; D.B.A., Capella University, 2016. |
Doris FelthamAssistant Professor of Finance B.S., Oral Roberts University, 1981; M.B.A., Dallas Baptist University, 1993; Ph.D., Walden University, 2013. |
M. Ray GreggAssistant Professor of Accounting B.B.A., Texas Tech University, 1969; M.B.A., 1971; C.P.A., 1972. |
Rebecca GunnAssocaite Professor of Business B.A., Oral Roberts University, 2005; M.B.A., 2011; D.B.A., Anderson Univeristy, 2015. |
Julie HuntleyProfessor of Marketing and Dean of the College of Business B.S., University of Nebraska, 1981; Oral Roberts University M.B.A., 1996; Ph.D., Arizona State University, 1999. |
James RussellProfessor of Economics and Chair of the Undergraduate Business Department B.S., Oklahoma State University, 1973; M.S., 1978; Ph.D., Virginia Polytechnic Institute and State University, 1981. |
Kevin SchneiderAssistant Professor of Business B.A., Oral Roberts University, 2003; M.B.A., 2004; D.B.A., Heriot-Watt University, 2015.
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Bruno TelesInstructor of Business B.A., Federal University of Sergipe, 2003; Masters, UNIFACS, 2010; M.B.A., Oral Roberts University, 2012. |
Terry M. UnruhAssistant Professor of Accounting B.S., Oral Roberts University, 1977; M.B.A., 1980; C.P.A., 1994. |
Jonathan WileyAssistant Professor of Finance B.S./B.S., Oral Roberts University, 2005; M.B.A., 2007; Ph.D., Oklahoma State University, 2016. |
Marshal WrightProfessor of Business and Chair of the Graduate School of Business B.S., Oral Roberts University, 1983; J.D., Regent University, 1987; M.B.A., Oral Roberts University, 1989; Ph.D., Regent University, 2003. |
George E. Gillen1965-2016 |
Rinne Martin1977-2016 |
Carol Wilson1975-2007 |
Overview
The undergraduate program of the College of Business offers eight undergraduate majors: accounting, business administration, finance, international business, international business and ministry, management, marketing, and quantitative business administration. The program is designed to meet a broad array of student career objectives and interests. All majors and courses incorporate a Christian worldview. Graduates of the undergraduate business program have proven successful in a wide variety of fields. In addition, all undergraduate majors meet the leveling requirements for the Graduate School of Business Master of Business Administration (M.B.A.) degree. If accepted into the fast-track program, entering freshmen may obtain their undergraduate and M.B.A. degrees in five years.
The College of Business is accredited by the Accreditation Council of Business Schools and Programs (ACBSP) for both the baccalaureate and master level programs. All of the Oral Roberts University College of Business programs (undergraduate and graduate) have been granted specialized accreditation through the Accreditation Council for Business Schools and Programs (ACBSP). However, the Leadership Master of Business Administration (L.M.B.A.) is a new program and must go through the formality of a mini-review process before accreditation is conferred on this program. In this regard, the L.M.B.A has been designed to meet the standards for specialized accreditation of an M.B.A. program through ACBSP, and the mechanisms for establishing accreditation for this program are in process.
UnderGraduate Business Department
terry unruh, m.b.a., Chair
Degree Programs
The Undergraduate Business Department offers majors in business administration, accounting, finance, international business, international business and ministry, management, marketing. and quantitative business administration. All of these majors also require cognate courses to supplement the major area of focus.
Minors available through this department are general business and nonprofit business.
Graduation Requirements
In order for a student to graduate with a major from the Undergraduate Business Department, he or she needs to meet the following criteria in addition to university-wide graduation criteria.
- Overall ORU GPA of at least 2.5
- A GPA of at least a 2.5 in junior (300 level) and senior (400 level) courses in the ORU College of Business.
Accounting (B.S.)
The major in accounting is designed to prepare a student for professional accounting. When this specialization is combined with the broad foundation of the business concentration, the student has the potential of many opportunities within the business world. In order to meet the 150-hour requirement for CPA certification in most states, accounting majors are strongly encouraged to pursue the five-year professional MBA program. The undergaraduate degree can be completed in three years by following the degree-in-three plan sheet. More information is available from the ORU Undergraduate Business Department.
Business Administration (B.S.)
Courses in business administration are for students seeking professional competence in business disciplines and are the basis for pursuit of graduate work in business. The business administration major is designed to provide background for young executives in business enterprise and industrial society. A broad background provides a basis for social understanding and appreciation of the interrelationships in business. Students with this major may choose a minor in another discipline or a concentration in entrepreneurship. The undergraduate degree can be completed in three years by following the degree-in-three plan sheet. More information is available from the ORU Undergraduate Business Department.
Finance (B.S.)
The major in finance prepares a student for entry-level positions in finance. Specialization in finance is combined with the broad foundation of the business concentration. The basic courses offered cover corporate and personal areas. The necessary background for additional study of finance at the graduate level is also provided. The student majoring in finance is encouraged to enroll in the five-year professional MBA program. The undergraduate degree can be completed in three years by following the degree-in-three plan sheet. More information is available from the Undergraduate Business Department.
International Business (B.S.)
The international business major prepares students for positions in international firms. All international business majors complete the foundational courses of the business concentration, along with foreign language and culture classes in the chosen business language minor (French, Spanish, Hebrew). Additional languages may be added to the program as needs dictate. International business majors are encouraged to enroll in the five-year professional program culminating in the M.B.A. degree. The undergraduate degree can be completed in three years by following the degree-in-three plan sheet. More information is available from the Undergraduate Business Department.
International Business and Ministry (B.S.)
The international business and ministry degree prepares students for positions in international, muti-national, and borderless for-profit and not-for-profit organizations. The degree will prepare graduates with Spirit-empowered corporate leadership skills, equipping them to manage people and resources in the global marketplace. The degree program allows students to minister to a hurting world through business excellence and a deeper understanding of theology. In addition to international and general business coursework, the degree requires a minor in theology (evangelism and outreach, missions, youth and family ministries or Christian apologetics) International business and ministry majors are encouraged to enroll in the five-year professional program culminating in the M.B.A. degree.
Management (B.S.)
The major in management prepares students for management and leadership positions in either a corporate or an entrepreneurial setting. All management majors complete the general business foundational courses, along with the core management courses. Management majors are encouraged to enroll in the five-year professional program culminating in the M.B.A. degree with a concentration in management. The undergraduate degree can be completed in three years by following the degree-in-three plan sheet. More information is available from the ORU Undergraduate Business Department.
Marketing (B.S.)
The marketing major prepares a student for entry-level positions in marketing. Specialization in marketing gives the student the depth needed to understand and be productive in a marketing-oriented economy. The basic courses offered cover the field of marketing in some breadth and also provide the background necessary for additional study of marketing at the graduate level. The marketing major is encouraged to enroll in the five-year professional program culminating in the M.B.A. The undergraduate degree can be completed in three years by following the degree-in-three plan sheet. More information is available from the ORU Undergraduate Business Department.
Quantitative Business Administration (B.S.)
The quantitative business administration major prepares students for corporate or private business, positions that require knowledge in the more quantitative enterprises, investment banking, private equity firms and graduate schools that require more quantitative preparation. The program requires eight hours of calculus, the history of economic thought and a quantitative minor (biochemistry, chemistry, computer information technology, mathematics or phsycis). The major accommodates quantitative double majors and is good preparation for many graduate programs. Quantitative business administration majors are encouraged to enroll in the five-yeat professional program culminating in the M.B.A. program. The undergraduate degee program can be completed in three years by following the degree in-three sheet. More information is available from the Undergraduate Business Department.
Degree in Three
The Undergraduate Business Department offers industrious students the opportunity to complete a bachelor’s degree in three years. The degree-in-three option involves taking courses in the summers, including the summer before a student’s freshman year. Degree plan sheets that show how the degrees can be completed in three years are available in the Undergraduate Business Department.
Special Activities and Opportunities Fast-Track Program
The Fast Track Program allows ORU undergraduate students to enroll concurrently in graduate courses and apply those hours toward a master’s degree. Students may register for a maximum of six semester hours of graduate courses per semester.
These students remain classified as undergraduates by the university and are billed the corresponding undergraduate tuition rate as long as enrollment remains between 12.0 and 18.5 credit hours. If enrollment is below 12.0 or exceeds 18.5 credit hours, they are billed the corresponding graduate per-credit-hour tuition rate. Students may earn up to 12 hours towards a graduate degree through the fast-track program. Graduate level courses taken through the fast-track program may not be used to fulfill undergraduate degree requirements.
Students whose vision includes the earning of the Master of Business Administration degree may reduce the time necessary to complete their study by enrolling in the Fast-Track Program. Approved students in undergraduate business programs may take up to 12 hours of graduate work while completing the baccalaureate program. A student who completes three or more hours may successfully finish a master’s degree in 9 additional months and thus save a semester. To participate, a student should make application with the College of Business graduate admissions coordinator. General criteria used for acceptance include a 3.0 GPA and a major in a business or business-related discipline; however, students with a GPA below 3.0 may be considered on a case-by-case basis.
Business Missions Trip
The College of Business offers several opportunities to serve others while gaining multicultural experiences that will serve them well after graduation. Business mission trips give students opportunities to travel to Paraguay, Argentina, Peru, and Central America. Trips are during spring breaks, fall breaks, and summers.
Internships
Through the Undergraduate Business Depart-ment, students can become involved in internships locally or nationwide, thus broadening their experiences in the business world.
A marketing intership is available for juniors and seniors with a minimum cumulative grade-point average of 2.50. Students will provide assistance in finding internship sites.
Clubs and Organizations
The College of Business has an outstanding Enactus club. Students design and implement self-sustaining projects that change the world. The year’s activities are then presented at regional and national competitions against other schools. For the last five years, ORU Enactus has been named regional champions and has placed in the top tier of clubs in the country out of 600+ teams.
The Accounting Society focuses on the profession of accounting and provides opportunities for its members through professional growth and social interaction.
Awards
The Undergraduate Business Department seeks to honor those students who have made a significant contribution in the areas of academics and leadership. The undergraduate awards presented annually include Outstanding Student of the Year, Outstanding Academic Achievement in the Major, Dean’s Award, Oneok Outstanding Contribution to the College of Business, ACBSP Outstanding Leadership Award, Outstanding Senior Paper, and the Overcomer Award.
Scholarships
The Undergraduate Business Department offers a number of scholarships, which are offered for the fall semester. Criteria for the scholarships include major, academic achievement, financial need, Oklahoma residency, and minority status. Students are encouraged to apply for the scholarships in the fall semester.
Concentration in Entrepreneurship (ENC)
Students pursuing any undergraduate major in the College of Business may add an 18-hour concentration in entrepreneurship. For students in the business administration major, this concentration may substitute for the required minor. For students in any of the other majors, choosing to add the concentration will raise the hours for graduation above those normally required.
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MGT 421 Entrepreneurship 3 MGT 422 Small Business Basics 3 FIN 461 Capital Markets 3 Choice of three of the following courses: 9 MGT 372 Creative Thinking MKT 333 Consumer Behavior MKT 334 Integrated Marketing Communications MKT 346 Selling and Sales Management MKT 445 Marketing Research ____ Entrepreneurship Concentration Total 18 *All prerequisites must be met for these electives. |
General EducationIntroduction to Whole Person Education (GEN 150) 1 English (COMP 102, 303) 6 Oral Communication (COM 101) 3 Biblical Literature (BLIT 110, 120) 6 Theology (THE 103) 3 Laboratory Science(two lectures and labs) 8 Mathematics (MAT 232) 3 American History (HIS 101) 3 American Government (GOV 101) 3 Humanities 12 (HUM 103 plus three of the following: HUM 222*, 233*, 244*, 333*, 250, 255, 260, 270, COMP 101, MAT 315) Social Science Elective 3 (Choice of one of the following: PSY 201, SWK 202, SOC 101, SOC 201, SOC 323, MUS 208) Health and Physical Education 5 (one course per full-time semester at ORU, including HPE 00I and 002, swimming course or proficiency, and activity courses) ____ General Education Total 56 *At least one course must be chosen from list of courses with asterisks. |
MajorACT 215 Principles of Financial Accounting I 3 ACT 216 Principles of Financial and Managerial Accounting II 3 ACT 320 Quantitative Analysis 3 ACT 327 Intermediate Accounting I 3 ACT 328 Intermediate Accounting II 3 ACT 432 Managerial Cost Accounting 3 ACT 439 Auditing 3 ACT 442 Federal Income Tax Accounting 3 Choice of two of the following courses: 6 ACT 380 Non-Profit Accounting and Finance ACT 435 Accounting Information Systems ACT 443 Advanced Tax Accounting ACT 451 Accounting Internship ACT 462 Advanced Accounting I ACT 463 Advanced Accounting II ACT 474 Tax Seminar ____ Major Total 30 |
CognateBUS 099 Business Seminar 0 BUS 099 Business Seminar 0 BUS 201 Principles of Economics I 3 BUS 202 Principles of Economics II 3 BUS 325 Business Law I 3 BUS 326 Business Law II 3 BUS 499 Senior Paper 3 FIN 244 Personal Financial Planning 3 FIN 338 Financial Management 3 MAT 105 College Algebra 3 MGT 130 Principles of Management 3 MGT 341 Business Communications 3 MGT 431 Strategic Management 3 MKT 130 Principles of Marketing 3 Proficiency in microcomputing** 0 ____ Cognate Total 36 Electives* 6 ____ Degree Total 128 *For CPA certification, electives may need to be additional accounting courses. **Students must demonstrate proficiency in microcomputer applications in business by either passing CSC 112 or an examination on the material covered in the course. |
General EducationIntroduction to Whole Person Education (GEN 150) 1 English (COMP 102, 303) 6 Oral Communication (COM 101) 3 Biblical Literature (BLIT 110, 120) 6 Theology (THE 103) 3 Laboratory Science (two lectures and labs) 8 Mathematics (MAT 232) 3 American History (HIS 101) 3 American Government (GOV 101) 3 Humanities 12 (HUM 103 plus three of the following: HUM 222*, 233*, 244*, 333*, 250, 255, 260, 270, COMP 101, MAT 315) Social Science Elective 3 (Choice of one of the following: PSY 201, SWK 202, SOC 101, SOC 201, SOC 323, MUS 208) Health and Physical Education 5 (one course per full-time semester at ORU, including HPE 00I and 002, swimming course or proficiency, and activity courses) ____ General Education Total 56 *At least one course must be chosen from list of courses with asterisks. |
MajorACT 215 Principles of Financial Accounting I 3 ACT 216 Principles of Financial and Managerial 3 Accounting II ACT 320 Quantitative Analysis 3 BUS 325 Business Law I 3 BUS 499 Senior Paper 3 FIN 338 Financial Management 3 MGT 130 Principles of Management 3 MGT 431 Strategic Management 3 MKT 130 Principles of Marketing 3 Choice of one of the following: 3 BUS 326 Business Law II 3 BUS 451 Business Internship 3 ____ Major Total 30 |
CognateBUS 099 Business Seminar 0 BUS 099 Business Seminar 0 BUS 201 Principles of Economics I 3 BUS 202 Principles of Economics II 3 FIN 244 Personal Financial Planning 3 MGT 341 Business Communications 3 Choice of one of the following two courses: 3-4 MAT 105 College Algebra (3 hrs.) MAT 201 Calculus (4 hrs.) ____ Cognate Total 15-16 Minor or Concentration** 18 Electives 8-9 ____ Degree Total 128 **This must be either a non-business minor or a concentration in entrepreneurship. Information on the entrepreneurship concentration is given earlier in the section titled “Degree Programs.” **Students must demonstrate proficiency in microcomputer applications in business by either passing CSC 112 or an examination on the material covered in the course. |
General EducationIntroduction to Whole Person Education (GEN 150) 1 English (COMP 102, 303) 6 Oral Communication (COM 101) 3 Biblical Literature (BLIT 110, 120) 6 Theology (THE 103) 3 Laboratory Science (two lectures and labs) 8 Mathematics (MAT 232) 3 American History (HIS 101) 3 American Government (GOV 101) 3 Humanities 12 (HUM 103 plus three of the following: HUM 222*, 233*, 244*, 333*, 250, 255, 260, 270, COMP 101, MAT 315) Social Science Elective 3 (Choice of one of the following: PSY 201, SWK 202, SOC 101, SOC 201, SOC 323, MUS 208) Health and Physical Education 5 (one course per full-time semester at ORU, including HPE 00I and 002, swimming course or proficiency, and activity courses) ____ General Education 56 *At least one course must be chosen from list of courses with asterisks.
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MajorACT 327 Intermediate Accounting I 3 ACT 328 Intermediate Accounting II 3 ACT 442 Federal Income Tax Accounting 3 BUS 499 Senior Paper 3 FIN 244 Personal Financial Planning 3 FIN 338 Financial Management 3 FIN 418 Investments 3 FIN 438 Advanced Financial Management 3 Choice of two of the following courses: 6 ACT 380 Non-Profit Accounting and Finance ACT 432 Managerial Cost Accounting ACT 443 Advanced Tax Accounting ACT 474 Tax Seminar FIN 451 Finance Intership FIN 461 Capital Markets FIN 472 Principles of Estate Planning ____ Major Total 30 |
CognateACT 215 Principles of Financial Accounting I 3 ACT 216 Principles of Financial and Managerial 3 Accounting II ACT 320 Quantitative Analysis 3 BUS 099 Business Seminar 0 BUS 099 Business Seminar 0 BUS 201 Principles of Economics I 3 BUS 202 Principles of Economics II 3 BUS 325 Business Law I 3 BUS 326 Business Law II 3 MAT 105 College Algebra 3 MGT 130 Principles of Management 3 MGT 341 Business Communications 3 MGT 431 Strategic Management 3 MKT 130 Principles of Marketing 3 ____ Cognate Total 36 Electives 6 ____ Degree Total 128 **Students must demonstrate proficiency in microcomputer applications in business by either passing CSC 112 or an examination on the material covered in the course. |
General EducationIntroduction to Whole Person Education (GEN 150) 1 English (COMP 102, 303) 6 Oral Communication (COM 101) 3 Biblical Literature (BLIT 110, 120) 6 Theology (THE 103) 3 Laboratory Science (two lectures and two labs)8 Mathematics (MAT 232) 3 American History (HIS 101) 3 American Government (GOV 101) 3 Humanities 12 (HUM 103 plus three of the following: HUM 222*, 233*, 244*, 333*, 250, 255, 260, 270, COMP 101, MAT 315) Social Science Elective 3 (Choice of one of the following: PSY 201, SWK 202, SOC 101, SOC 201, SOC 323, MUS 208) Health and Physical Education 5 (one course per full-time semester at ORU, including HPE 00I and 002, swimming course or proficiency, and activity courses) ____ General Education Total 56 *At least one course must be chosen from list of courses with asterisks. |
MajorACT 215 Principles of Financial Accounting I 3 ACT 216 Principles of Financial and Managerial 3 Accounting II ACT 320 Quantitative Analysis 3 BUS 361 International Business 3 BUS 499 Senior Paper 3 FIN 338 Financial Management 3 MGT 130 Principles of Management 3 MGT 431 Strategic Management 3 MKT 130 Principles of Marketing 3 MKT 361 International Marketing 3 ____ Major Total 30 |
CognateBUS 099 Business Seminar 0 BUS 099 Business Seminar 0 BUS 201 Principles of Economics I 3 BUS 202 Principles of Economics II 3 BUS 325 Business Law I 3 MGT 341 Business Communications 3 Choice of one of the following two courses: 3-4 MAT 105 College Algebra (3 hrs.) MAT 201 Calculus I (4 hrs.) ____ Cognate Total 15-16 Foreign Language Minor* Total 18-19 Electives 7-9 ____ Degree Total 128 *Requirements for a foreign language minor (Chinese, French, Hebrew, or Spanish) are listed in the English and Modern Languages section of this catalog and need to include a business language course, such as Business Spanish. Students with previous language experience may participate in the test-out program for majors and minors, thereby accelerating the completion of the minor. **Students must demonstrate proficiency in microcomputer applications in business by either passing CSC 112 or an examination on the material covered in the course. |
General EducationIntroduction to Whole Person Education (GEN 150) 1 English (COMP 102, 303) 6 Oral Communication (COM 101) 3 Biblical Literature (BLIT 110, 120) 6 Theology (THE 103) 3 Laboratory Science (two lectures and two labs) 8 Mathematics (MAT 232) 3 American History (HIS 101) 3 American Government (GOV 101) 3 Humanities 12 (HUM 103 plus three of the following: HUM 222*, 233*, 244*, 333*, 250, 255, 260, 270, COMP 101, MAT 315) Social Science Elective 3 (Choice of one of the following: PSY 201, SWK 202, SOC 101, SOC 201, SOC 323, MUS 208) Health and Physical Education 5 (one course per full-time semester at ORU, including HPE 00I and 002, swimming course or proficiency, and activity courses) ____ General Education Total 56 *Student may use COMP 101 as a humanities if taken due to test scores or if taken prior to taking COMP 102. |
MajorACT 215 Principles of Financial Accounting I 3 ACT 216 Principles of Financial and Managerial 3 Accounting II ACT 320 Quantitative Analysis 3 BUS 361 International Business 3 BUS 499 Senior Paper 3 FIN 338 Financial Management 3 MGT 130 Principles of Management 3 MGT 431 Strategic Management 3 MKT 130 Principles of Marketing 3 MKT 361 International Marketing 3 ____ Major Total 30 |
CognateBUS 099 Business Seminar 0 BUS 099 Business Seminar 0 BUS 201 Principles of Economics I 3 BUS 202 Principles of Economics II 3 BUS 325 Business Law I 3 MGT 341 Business Communications 3 Choice of one of the following two courses: 3-4 MAT 105 College Algebra (3 hrs.) MAT 201 Calculus I (4 hrs.) ____ Cognate Total 15-16 Theology Minor* Total 18 Electives 8-9 ____ Degree Total 128 *Students are required to declare a minor in Evangelism and Outreach, Missions, Youth and Family Ministries or Christian Apologetics. Information on the requirements for these minors may be found in the Undergraduate Department of Theology and Ministiry portion of this catalog. |
General EducationIntroduction to Whole Person Education (GEN 150) 1 English (COMP 102, 303) 6 Oral Communication (COM 101) 3 Biblical Literature (BLIT 110, 120) 6 Theology (THE 103) 3 Laboratory Science (two lecturs and two labs) 8 Mathematics (MAT 232) 3 American History (HIS 101) 3 American Government (GOV 101) 3 Humanities 12 (HUM 103 plus three of the following: HUM 222*, 233*, 244*, 333*, 250, 255, 260, 270, COMP 101, MAT 315) Social Science Elective 3 (Choice of one of the following: PSY 201, SWK 202, SOC 101, SOC 201, SOC 323, MUS 208) Health and Physical Education 5 (one course per full-time semester at ORU, including HPE 00I and 002, swimming course or proficiency, and activity courses) ____ General Education Total 56 *At least one course must be chosen from list of courses with asterisks. |
MajorACT 216 Principles of Financial and Managerial 3 Accounting II BUS 499 Senior Paper 3 FIN 338 Financial Management 3 MGT 130 Principles of Management 3 MGT 341 Business Communications 3 MGT 352 Organizational Behavior 3 MGT 353 Human Resource Management 3 MGT 431 Strategic Management 3 Choice of two of the following courses: 6 ACT 432 Managerial Cost Accounting MGT 372 Creative Thinking MGT 421 Entrepreneurship MGT 443 Executive Leadership Development MGT 451 Management Internship MGT 461 Conflict Resolution MGT 465 Administration of Nonprofit Organizations ____ Major Total 30 |
CognateACT 215 Principles of Financial Accounting I 3 ACT 320 Quantitative Analysis 3 BUS 099 Business Seminar 0 BUS 099 Business Seminar 0 BUS 201 Principles of Economics I 3 BUS 202 Principles of Economics II 3 BUS 325 Business Law I 3 BUS 326 Business Law II 3 FIN 244 Personal Financial Planning 3 MAT 105 College Algebra 3 MKT 130 Principles of Marketing 3 ____ Cognate Total 27 Electives 15 ____ Degree Total 128 **Students must demonstrate proficiency in microcomputer applications in business by either passing CSC 112 or an examination on the material covered in the course. |
General EducationIntroduction to Whole Person Education (GEN 150) 1 English (COMP 102, 303) 6 Oral Communication (COM 101) 3 Biblical Literature (BLIT 110, 120) 6 Theology (THE 103) 3 Laboratory Science (two lectures and two labs) 8 Mathematics (MAT 232) 3 American History (HIS 101) 3 American Government (GOV 101) 3 Humanities 12 (HUM 103 plus three of the following: HUM 222*, 233*, 244*, 333*, 250, 255, 260, 270, COMP 101, MAT 315) Social Science Elective 3 (Choice of one of the following: PSY 201, SWK 202, SOC 101, SOC 201, SOC 323, MUS 208) Health and Physical Education 5 (one course per full-time semester at ORU, including HPE 00I and 002, swimming course or proficiency, and activity courses) ____ General Education Total 56 *At least one course must be chosen from list courses with asterisks. |
MajorBUS 499 Senior Paper 3 MGT 341 Business Communications 3 MKT 130 Principles of Marketing 3 MKT 333 Consumer Behavior 3 MKT 346 Selling and Sales Management 3 MKT 361 International Marketing 3 MKT 445 Marketing Research 3 MKT 455 Marketing Management 3 Choice of one of the following courses: 3 MKT 334 Integrated Marketing Communications MKT 447 Retail Management MKT 350 Internet Marketing ____ Major Total 30 |
CognateACT 215 Principles of Financial Accounting I 3 ACT 216 Principles of Financial and Managerial 3 Accounting ACT 320 Quantitative Analysis 3 BUS 099 Business Seminar 0 BUS 099 Business Seminar 0 BUS 201 Principles of Economics I 3 BUS 202 Principles of Economics II 3 BUS 325 Business Law I 3 BUS 326 Business Law II 3 MAT 105 College Algebra 3 FIN 244 Personal Financial Planning 3 FIN 338 Financial Management 3 MGT 130 Principles of Management 3 MGT 431 Strategic Management 3 ____ Cognate Total 36 Electives 6 ____ Degree Total 128 **Students must demonstrate proficiency in microcomputer applications in business by either passing CSC 112 or an examination on the material covered in the course. |
General EducationIntroduction to Whole Person Education (GEN 150) 1 English (COMP 102, 303) 6 Oral Communication (COM 101) 3 Biblical Literature (BLIT 110, 120) 6 Theology (THE 103) 3 Laboratory Science (two lectures and two labs) 8 Mathematics (MAT 232) 3 American History (HIS 101) 3 American Government (GOV 101) 3 Humanities 12 (HUM 103 plus three of the following: HUM 222*, 233*, 244*, 333*, 250, 255, 260, 270, COMP 101, MAT 315) Social Science Elective 3 (Choice of one of the following: PSY 201, SWK 202, SOC 101, SOC 201, SOC 323, MUS 208) Health and Physical Education 5 (one course per full-time semester at ORU, including HPE 00I and 002, swimming course or proficiency, and activity courses) ____ General Education Total 56 *At least one course must be chosen from list courses with asterisks. |
MajorACT 215 Principles of Financial Accounting I 3 ACT 216 Principles of Financial and Managerial 3 Accounting II ACT 320 Quantitative Analysis 3 BUS 325 Business Law I 3 BUS 499 Senior Paper 3 FIN 338 Financial Management 3 MGT 130 Principles of Management 3 MGT 431 Strategic Management 3 MKT 130 Principles of Marketing 3 Choice of one of the following: 3 BUS 326 Business Law II 3 BUS 451 Business Internship 3 ____ Major Total 30 |
CognateBUS 099 Business Seminar 0 BUS 099 Business Seminar 0 BUS 201 Principles of Economics I 3 BUS 202 Principles of Economics II 3 CSC 111 Introduction to Computing 3 FIN 244 Personal Financial Planning 3 MAT 202 Calculus II 4 MKT 341 Business Communications 3 Choice of one of the following two courses: 3 MAT 232 Elementary Statistics MAT 325 Probability and Statistics Choice of one of the following three courses: 3 ACT 327 Intermediate Accounting I ACT 432 Managerial Cost Accounting FIN 438 Advanced Financial Management ____ Cognate Total 25 Minor** 18 ____ Degree Total 129 **This must be either a biochemistry, chemistry, computer information technology, mathematics or physics minor. |
General Business Minor (BUSM)This minor provides a foundational base of business knowledge for the student who is majoring in a discipline other than business administration. ACT 215 Principles of Financial Accounting I 3 BUS 201 Principles of Economics I 3 MGT 130 Principles of Management 3 MKT 130 Principles of Marketing 3 Electives* in accounting, business, finance, management, marketing 6 ____ Minor Total 18 Note: All prerequisites must be met for the electives. *Suggested electives for music majors are MKT 333, MKT 447, MGT 352, and MGT 421. |
Nonprofit Business Minor (NPBM)This minor provides a foundational base of know-ledge addressing the unique business issues facing the student interested in pursuing a career in or associated with nonprofit organizations. ACT 215 Principles of Financial Accounting I 3 MGT 130 Principles of Management 3 MGT 465 Administration of Nonprofit Organizations 3 MKT 130 Principles of Marketing 3 Choice of two from the following courses*: 6 ACT 216 Principles of Financial and Managerial Accounting II ACT 474 Tax Seminar FIN 244 Personal Financial Planning FIN 338 Financial Management FIN 472 Principles of Estate Planning MGT 461 Conflict Resolution ____ Minor Total 18 *All prerequisites must be met for these electives. |
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Descriptions of the courses listed below are in the section titled Course Descriptions at the end of this catalog. Course descriptions are listed in alphabetical order by the prefix. |
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AccountingACT 215 Principles of Financial Accounting I ACT 216 Principles of Financial and Managerial Accounting II ACT 320 Quantitative Analysis ACT 327 Intermediate Accounting I ACT 328 Intermediate Accounting II ACT 380 Nonprofit Accounting and Finance ACT 432 Managerial Cost Accounting ACT 435 Accounting Information Systems ACT 439 Auditing ACT 442 Federal Income Tax Accounting ACT 443 Advanced Tax Accounting ACT 451 Accounting Internship ACT 462 Advanced Accounting I ACT 463 Advanced Accounting II ACT 471 Estate and Gift Taxation ACT 474 Tax Seminar ACT 999 Elective |
BusinessBUS 099 Business Seminar BUS 201 Principles of Economics I (Macroeconomics) BUS 202 Principles of Economics II (Microeconomics) BUS 325 Business Law I BUS 326 Business Law II BUS 361 International Business BUS 372 Business Ethics BUS 450 Special Topics in Business BUS 451 Business Administration Internship BUS 454 International Business Internship BUS 499 Senior Paper BUS 999 Elective |
FinanceFIN 244 Personal Financial Planning FIN 303 Money and Banking Finance FIN 338 Financial Management FIN 418 Investments FIN 428 Bank Management FIN 438 Advanced Financial Management FIN 451 Finance Internship FIN 452 Corporate Financial Decision Making FIN 460 International Financial Management FIN 461 Capital Markets FIN 472 Principles of Estate Planning FIN 999 Elective
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ManagementMGT 130 Principles of Management MGT 333 Supply Chain Management MGT 341 Business Communications MGT 351 Risk Management MGT 352 Organizational Behavior MGT 353 Human Resource Management MGT 372 Creative Thinking MGT 384 Real Estate Management MGT 421 Entrepreneurship MGT 422 Small Business Basics MGT 431 Strategic Management MGT 443 Executive Leadership Development MGT 451 Management Internship MGT 461 Conflict Resolution MGT 465 Administration of Nonprofit Organizations MGT 999 Elective |
MarketingMKT 130 Principles of Marketing MKT 333 Consumer Behavior MKT 334 Integrated Marketing Communications MKT 346 Selling and Sales Management MKT 350 Internet Marketing MKT 361 International Marketing MKT 445 Marketing Research MKT 447 Retail Management MKT 451 Marketing Internship MKT 455 Marketing Management MKT 999 Elective |
GRADUATE school of business
Marshal Wright, Ph.D., Chair
The Graduate School of Business curriculum is designed to equip students to make intelligent and ethical decisions and to communicate those decisions in a clear and concise manner. Students are taught to think strategically and to function effectively in both the short- and long-term.
ORU anticipates that full-time students can complete their masters degrees in three or four semesters. Part-time students may complete the program in six to twelve semesters, depending on the level of intensity of study that is chosen.
Degree Programs
The graduate program of the College of Business offers two degrees at the masters level: the traditional Master of Business Administration (M.B.A.), and the online Master of Business Administration in Leadership (M.B.A.-L).
Master of Business Administration (M.B.A.)
The Master of Business Administration degree is considered the most flexible business-related degree on the graduate level. In addition to a broad range of basic courses, the M.B.A. program offers special training, research opportunities, and field assignments in individual areas of interest. ORU’s M.B.A. program emphasizes management strategy and techniques, long-range planning, organizational behavior, communication, motivation, business ethics, and moral principles. The importance of the human relations aspect of business affairs and business communication is recognized and stressed. M.B.A. students must demonstrate proficiency in both business ethics and business communications, which may be demonstrated by satisfactory completion of an undergraduate or graduate course. The M.B.A. degree at ORU provides both the benefit of broad managerial training and an area of specialization.
ORU anticipates that full-time students with an undergraduate degree in business should be able to complete their M.B.A. within three semesters; students without academic training in business should be able to complete the degree in two years.
Master of Business Administration in leadership (Online M.B.A.-L)
The online Master of Business Administration in Leadership degree provides a course of study emphasizing the two critical components of outstanding business leadership--technical business knowledge and expertise across all of the core components of a highly-valued and traditional M.B.A. degree and effective leadership training, comprehensively integrated into one program. Being a great business leader is about both the technical side of business--gaining and applying knowledge and expertise across the fully integrated range of business concepts and disciplines--and it is about great leadership--creating and casting a strategic vision and inspiring and empowering others to the fulfillment of higher and better performance and outcomes, both professionally and personally. The M.B.A. in Leadership program has been designed to deliver both of these areas of emphasis through a fully online cohort program. More information is available in the College of Business and in the Online and Lifelong Learning section of this catalog.
Enrollment Information
Admission
Admission to graduate business degree programs is selective. Applicants must demonstrate academic achievement at the baccalaureate level, and successful accomplishment in the workplace is beneficial. To assess an applicant’s potential for success, the Admissions Committee reviews the student’s transcripts; faculty, employer, and clergy recommendations; and scores on nationally normed examinations; however, the submission of a nationally normed examination is not required. Applicants must also demonstrate good character, Christian commitment, motivation, and discipline. Non-native English speakers must submit a TOEFL score of 550 or higher or a score of 7.0 or higher on the IELTS.
Leveling Courses
Upon admission to the Graduate School of Business, the student’s transcripts are evaluated to determine any deficiencies from the baccalaureate degree. Participants in the graduate program may be required to take leveling courses in addition to courses required for the degree. Leveling courses are courses at the undergraduate level that help prepare students for courses in the degree. A plan of study is then initiated with deficiencies listed. The degree process is subsequently monitored by the academic advisor.
Fast-Track Program
Students may reduce the time necessary to complete the traditional M.B.A. degree by enrolling in the Fast-Track Program while still in an undergraduate business program by taking up to 12 hours of graduate work while completing the baccalaureate program. A student who completes three or more hours may successfully finish the M.B.A. in 9 additional months and thus save a semester. To participate, a student should make application with the College of Business graduate admissions coordinator. General criteria used for acceptance include a 3.0 GPA and a major in a business or business-related discipline; however, students with a GPA below 3.0 may be considered on a case-by-case basis.
Course Load
Students in the traditional M.B.A. must enroll in at least nine hours per semester to be considered full time. Students enrolled in the online M.B.A. in Leadership must enroll in six hours per semester (including summer) to be considered full time. Graduate students in the College of Business who receive a scholarship, graduate fellowship or assistantship typically are full-time students.
Graduate students need to consult the College of Business for the policy regarding course load and chapel attendance at ORU.
Grades
Graduate students are required to maintain a cumulative 3.0 grade point average to remain in good standing and to graduate. A grade of “C” or better counts for degree credit. Students who fall below this level are placed on probation, and students on probation whose cumulative GPA remains below 3.0 for two consecutive semesters are subject to suspension from the program. Progress evaluation is normally conducted each summer or when a student has earned 12 or more hours.
In addition, any student who has earned either three grades of “C” or lower, two “Ds,” or an “F” while matriculating through ORU in a graduate business program shall be immediately suspended from the program. For purposes of this suspension policy, successfully retaking (raising the grade to C or better) does not negate the previous grade even though it does replace the grade for GPA purposes. Also, for GPA purposes, a WF is the equivalent of an F. Petitions for Policy Exception may be considered if there are exceptional extenuating circumstances existing.
Auditing
Graduate students may audit any graduate business course for which they have taken the prerequisites. The instructor and college dean must approve all audits. Audits can never be changed to a letter grade for credit. Students must maintain regular class attendance to receive audit designation on their transcript.
Pass/No Pass
Pass/No Pass is only allowed for the HPE activity course(s) and for an internship to be used as the M.B.A. general elective or as an elective applied toward a concentration. Internships need to be approved for course credit in advance. Only one internship can be taken for course credit.
Awards and Scholarships
The College of Business seeks to recognize graduate students who exhibit superior characteristics in the areas of scholarship and leadership. Awards related to these characteristics are presented annually.
Business Financial Aid, including the awarding of a Dean’s Fellow, a Dean's Scholarship, Quest Whole-Person Scholarships, academic scholarships, and graduate assistantships, isavailable to traditional MBA graduate students in the College of Business. Awards are limited and interested students should request more information through the College of Business.
ORU Retention Scholarships are awarded to ORU baccalaureate graduates who choose to pursue traditional MBA graduate business study at ORU. Awards are for $500 per full-time semester up to a cumulative total of $1,000. These awards are limited and are offered on a first-come basis with preference extended to students coming directly from baccalaureate study. Awards are available only to students who have received full or conditional acceptance.
Business Administration (MBA) Master of Business Administration
Students may select a concentration in accounting, finance, international business, management, not-for-profit management, entrepreneurship, or marketing. Any student pursuing one of these concentrations needs to consult with an advisor concerning the course requirements and selections.
Leveling Courses
M.B.A. students are required to have completed the following undergraduate prerequisites, called “leveling” courses. Credit hours from leveling courses do not apply toward the graduate degree.
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ACT 215 Principles of Financial Accounting I 3 ACT 216 Principles of Managerial Accounting II 3 BUS 325 Business Law I 3 FIN 338 Financial Management 3 MAT 232 Elementary Statistics 3 MKT 130 Principles of Marketing 3 MGT 130 Principles of Management 3 Choice of one of the following two courses: 3 BUS 201 Principles of Economics I BUS 202 Principles of Economics ll ____ Leveling Courses Total 24 |
Proficiency Courses* PRFB 504 Communications in Contemporary Business 0 PRFB 572 Business Ethics 0 ____ Proficiencies Total 0 *These two proficiencies can be met by completing a course in business ethics and a course in business communication (with a grade of “C” or better) at either the undergraduate or graduate levels. |
ORU Distinctive CoursesGTHE 510 Holy Spirit Empowerment in Life and Ministry* 2 GHPE 503 Graduate Health Fitness** 1 Choice of one of the following: .5 GHPE 515 Graduate Aerobics GHPE 525 Graduate Walk for Fitness HPE Activity Course ____ ORU Distinctives Total 3.5 *This requirement is waived for students who have completed Holy Spirit in Life and Ministry or Holy Spirit in the Now for another degree plan and for those who have completed their undergraduate general education theology course requirements at ORU. **Students who completed Health Fitness I and II as undergraduates need to substitute an activities course (.5 or 1 hour) for GHPE 503. |
M.B.A. Managerial CoursesGACT 562 Managerial Accounting 3 GBUS 565 Strategic Management* 4 GBUS 574 Competitive Business Intelligence 2 GBUS 582 Managerial Economics 3 GBUS 598 Research Methodology 3 GFIN 563 Finance 3 GMGT 561 Management in a Globalized Era 3 GMGT 585 Business Analytics 3 GMKT 564 Marketing Management 3 Choice of one of the following:** 3 GACT Elective GBUS Elective GFIN Elective GINB Elective GMGT Elective GMKT Elective LMBA Elective ____ M.B.A. Total 30 ____ Degree Total 33.5 *Students planning to complete a concentration in Entrepreneurship complete GBUS 565 for 2 credit hours. **Students planning to add a concentration need to select their elective from their intended area of concentration. |
| MBA students may earn a concentration in one of the following areas by taking six to ten additional hours in the area of the elective selected in the degree. Course selections need approval of an advisor. The general elective must also be in the concentration field. | ||||||
Accounting (ACTC)GACT Elective 3 GACT Elective 3 ____ Accounting Concentration Total 6 |
Finance (FINC)GFIN Elective 3 GFIN Elective 3 ____ Finance Concentration Total 6 |
International Business (INBC)GINB Elective 3 GINB Elective 3 ____ International Business Concentration Total 6 |
Management (MGTC)GMGT Elective 3 GMGT Elective 3 ____ Management Concentration Total 6 |
Marketing (MKTC)GMKT Elective 3 GMKT Elective 3 ____ Marketing Concentration Total 6 |
Not-for-Profit Management (NPMC)*GMKT 550 Development of Nonprofit Organizations 2 GBUS 550 Legal Issues of Nonprofit Organizations 2 GMGT 521 Administration of Nonprofit Organizations 3 GFIN 572 Principles of Estate Planning 3 ____ Nonprofit Management Concentration Total 10 *some of the courses offered for the Not-for-Profit-Management Conentration may be offered in a directed study format |
Entrepreneurship (ENTC)*GBUS 568 Entrepreneurship Capstone 2 GFIN 555 Entrepreneurship 2 GFIN 561 Capital Markets 2 GMKT 546 Selling and Sales Management 2 GMGT 600 Leadership Studies 3 ____ Entrepreneurship Concentration Total 11 *Students choosing the Entrepreneurship Concentration take GBUS 565 for 2 credit hours and GBUS 568 for 2 credit hours. |
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This graduate program is offered online in conjunction with the Online and Lifelong Learning department and the ORU Graduate School of Business. Courses are taken in a cohort arrangement. |
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Leveling/Prerequisite coursesMaster’s students are required to have completed undergraduate leveling courses (prerequisites) in order to be prepared for graduate study. (Credit hours from leveling courses do not apply toward the graduate degree.) ACT 215 Principles of Financial Accounting I 3 ACT 216 Principles of Financial and Managerial 3 Accounting II BUS 325 Business Law I 3 FIN 338 Financial Management 3 MAT 232 Elementary Statistics 3 MGT 130 Principles of Management 3 MGT 352 Organizational Behavior 3 MKT 130 Principles of Marketing 3 Choice of one of the following: 3 BUS 201 Economics I BUS 202 Economics II ____ Leveling/Prerequisite Total 27* *Alternative leveling options are available. Please contact the College of Business for more information. |
ORU Distinctive Courses Credit HoursGTHE 510 Holy Spirit Empowerment for Life and Ministry* 2 GHPE 503 Graduate Health Fitness** 1 Choice of one of the following: .5 GHPE 515 Graduate Aerobics GHPE 525 Graduate Walk for Fitness HPE Elective ____ ORU Distinctives Total 3.5 *This requirement is waived for students who have completed Holy Spirit in the Now for another degree plan and for those who have completed their undergraduate general education theology course requirements at ORU. **Students who completed Health Fitness I and II as undergraduates need to substitute an activities course (.5 or 1 hour) for GHPE 503. |
CoursesGBUS 572 Ethical Leadership 3 GBUS 574 Competitive Business Intelligence 2 GMGT 563 Leadership of Organizational Dynamics 3 GMGT 600 Leadership Studies 3 LMBA 551 Global Management Concepts 3 LMBA 552 Accounting and Financial Leadership 6 LMBA 553 Marketing Leadership 3 LMBA 565 Strategic Organizational Leadership 3 LMBA 582 Economic Leadership 3 LMBA 585 Leadership Decision Making 3 ____ Total 32 ____ Degree Total 35.5 |
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Descriptions of the courses listed below are in the section titled Course Descriptions at the end of this catalog. Course descriptions are listed in alphabetical order by the prefix. Courses offered are listed as “F” for the “fall,” “S” for the “spring,” and “Sum” for “summer.” “F*” and “S* indicate courses taught in even years, and “F**” and “S**” indicate courses taught in odd years. Courses with no designation have variable schedules. The department has more information. |
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AccountingGACT 500 Internship F, S GACT 527 Intermediate Accounting I F GACT 528 Intermediate Accounting II S GACT 532 Advanced Accounting I F* GACT 533 Managerial Cost Accounting S GACT 539 Auditing F GACT 542 Federal Income Tax Accounting F, S GACT 543 Advanced Income Tax Accounting F GACT 562 Managerial Accounting F, S GACT 563 Advanced Accounting II F* GACT 570 Accounting Information Systems S GACT 571 Estate and Gift Taxation S GACT 574 Tax Seminar GACT 580 Nonprofit Accounting and Finance F GACT 999 Elective F, S |
General BusinessGBUS 500 Internship F, S GBUS 504 Communications in Contemporary Business F,S GBUS 550 Legal Issues of Nonprofit Organizations Sum GBUS 556 Personal Financial Planning F, S GBUS 565 Strategic Management F, S GBUS 568 Entrepreneurship Capstone F, S GBUS 572 Ethical Leadership F, S GBUS 574 Competitive Business Intelligence F GBUS 582 Managerial Economics F, S GBUS 598 Research Methodology F, S GBUS 599 Research F, S GBUS 699 Graduate Business Seminar F, S GBUS 999 Elective F, S EntrepreneurshipGENT 999 Elective F, S FinanceGFIN 500 Internship F, S GFIN 514 Investments F GFIN 550 Commercial Bank Management S GFIN 555 Entrepreneurship F, S GFIN 561 Capital Markets S GFIN 563 Finance F, S GFIN 572 Principles of Estate Planning S GFIN 999 Elective F, S |
International BusinessGINB 560 International Finance GINB 570 International Marketing GINB 580 Readings in International Business F, S GINB 999 Elective F, S Leadership MBALMBA 551 Global Management Concepts LMBA 552 Accounting and Financial Leadership LMBA 553 Marketing Leadership LMBA 565 Strategic Organizational Leadership LMBA 582 Economic Leadership LMBA 585 Leadership Decision Making LevelingGBLV 501 Foundations of Management GBLV 502 Foundations of Business Law GBLV 503 Foundations of Organizational Behavior GBLV 504 Foundations of Statistics GBLV 505 Foundations of Accounting GBLV 506 Foundations of Financial Managment GBLV 507 Foundations of Marketing GBLV 508 Foundations of Economics |
ManagementGMGT 500 Internship F, S GMGT 521 Administration of Nonprofit Organizations F GMGT 541 Creative Thinking F, S GMGT 551 Executive Leadership Development GMGT 553 Organizational Behavior GMGT 556 Small Business Basics GMGT 560 Conflict Resolution GMGT 561 Management in a Globalized Era F, S GMGT 563 Leadership of Organizational Dynamics GMGT 585 Business Analytics F, S GMGT 600 Leadership Studies F GMGT 999 Elective F, S MarketingGMKT 500 Internship F, S GMKT 533 Consumer Behavior S GMKT 534 Integrated Marketing Communications GMKT 535 Services Marketing GMKT 546 Selling and Sales Management GMKT 550 Development of Nonprofit Sum Organizations GMKT 564 Marketing Management F, S GMKT 999 Elective F, S ProficienciesPRFB 572 Business Ethics PRFB 504 Business Communications |