BUSINESS, BEACOM SCHOOL OF

Michael Keller, Dean
Thomas Davies, Associate Dean
Rhonda Hulkonen, Assistant Dean
Beacom Hall, Room 124
(605) 677-5455
http://www.usd.edu/business/index.cfm

FACULTY:

Professors:

Thomas Davies, Accounting
DeVee Dykstra, Business Law
Angeline Lavin, Finance
David Moen, Decision Sciences
Srinivasan Ragothaman, Accounting

Associate Professors:

Michael Allgrunn, Economics
David L. Carr, Economics
Gregory Huckabee, Business Law
Leon Korte, Accounting
Bijayananda Naik, Management Information Systems
Kumoli Ramakrishnan, Finance
Daniel Tracy, Decision Sciences
Yewmun Yip, Finance
Mark Yockey, Management

Assistant Professors:

Hunter An, Finance/Economics
Kathryn Birkeland, Economics
Lori Epping, Accounting
Jing (Bob) Fang, Accounting
Suvankar Ghosh, Decision Sciences
Katherine Haberling, Health Services Administration
Brian Hensel, Health Services Administration
Rhonda Hulkonen, Student Services
William Jones, Marketing
Damian Lonsdale, Management
Greg Patton, Management
Mark Rieman, Accounting
Amy Klemm Verbos, Management
Rand Wergin, Marketing

Instructors:

Erin Cornelsen, Accounting
Michael Gillispie, Marketing
Richard Muller, Management/Marketing
Jeanette Porter, Health Services Administration
Paul Van Sloten, Accounting
Mandie Weinandt, Economics/Statistics
Henry Wiedrich, Management

MAJORS:

Accounting
Economics
Finance
Health Services Administration
Human Resource Management
Management
Marketing

MINORS:

Accounting
Business Administration
Economics (Offered through the College of Arts & Sciences)
Entrepreneurial Studies
Finance
Health Services Administration
International Business
Legal Studies in Business
Marketing

The field of business is constantly changing, and USD’s Beacom School of Business strives to be on the leading edge of these changes. At the same time, innovative business processes and philosophies can only succeed when they are based on a strong foundation of well-proven business principles. While the School is energetically moving into the future through the redesign of programs and introduction of the newest instructional methods, basic business concepts are not forgotten. Faculty, administration, and staff take pride in the tradition of excellence that has been and will continue to be associated with the School.

The Beacom School of Business’s educational programs and outreach activities are recognized in the region for their excellence. The School maintains outreach initiatives that enrich the curriculum and provide special opportunities such as internship positions with leading regional, national and international firms. In addition to these partnerships, the School offers students the opportunity to study issues pertinent to all types of businesses as well as nonprofit organizations.

The Beacom School of Business was established at the University of South Dakota in 1927. It is the only AACSB accredited business program in the state, having been continuously accredited since 1949 by AACSB International—The Association to Advance Collegiate Schools of Business. Its graduates have become global leaders in all business fields. The Health Services Administration program is a member of the Association of University Programs in Health Administration (AUPHA), the highest recognition available.

The generosity of our alumni and support from other friends of the School allow us to provide scholarships in excess of $400,000 annually to our students. And it is through such generosity that the Beacom School of Business has opened a new building to complement its innovative curriculum. The building has been designed to embrace emerging trends in business education and to use state-of-the-art technology. Students are now able to study the most recent business developments in a facility designed for the 21st century, further enhancing an already distinguished program.

MISSION

“We are a community of scholars and practitioners committed to superior undergraduate and graduate business programs accredited by AACSB International. We emphasize excellence in teaching, promote intellectual exchange and development, and advocate continuous learning reflecting a dynamic global environment. Our services deliver value to our students, the University, business disciplines, and society.” [Revised School Mission adopted on 11/15//2001]

ACADEMIC AND PROFESSIONAL OUTREACH INITIATIVES

The Beacom School of Business maintains several academic and professional outreach initiatives to enrich its educational environment. The Freeman Initiative in Rural Entrepreneurship, South Dakota Council on Economic Education, South Dakota Family Business Association, Small Business Development Center, Academy of Finance, and KIDS Count Project are all affiliated with the Beacom School of Business.

BETA GAMMA SIGMA

Beta Gamma Sigma is the honor society serving business programs accredited by AACSB International - The Association to Advance Collegiate Schools of Business. Membership in Beta Gamma Sigma is the highest recognition a business student anywhere in the world can receive in a business program accredited by AACSB International.

ADMISSION PROCEDURES AND REQUIREMENTS

Students intending to pursue one of the Beacom School of Business majors are admitted to the University as general business students. During the first half of their undergraduate program, they complete liberal learning requirements and prerequisites for acceptance to our majors. Most students will apply for admission to a major by the end of the sophomore year. Students who have not been admitted to business majors may not enroll in 300/400 level business classes without special permission. Exception: health services administration majors may be declared at any level; they must also meet the requirements for admission to a major before enrolling in 300/400 level business classes.

EARLY ADMISSION

The Dean may grant early admission to the Beacom School of Business majors to students with more than 30 credits on the basis of high academic performance.

ADMISSION TO THE BEACOM SCHOOL OF BUSINESS MAJORS

An application to the Beacom School of Business majors is submitted to the Student Services Center in the semester during which the following criteria will be met:

Students must have completed 45 semester hours.
Students must have a cumulative grade point average of 2.50 or above on a four-point scale; students with a cumulative grade point average of 2.5 or above, but less than a 2.50 institutional (USD) grade point average or USD Beacom School of Business grade point average may be admitted on probation.
Students must have completed the pre-major business core including BADM 101 Survey of Business, ACCT 210 Principles of Accounting I, ACCT 211 Principles of Accounting II, ECON 201 Principles of Microeconomics, ECON 202 Principles of Macroeconomics, BADM 220 Business Statistics, and MATH 121 Survey of Calculus or MATH 123 Calculus (or their equivalents).

ADMISSION ON PROBATION

A student with a cumulative grade point average below a 2.50 will be denied admission to the majors. If a student wishes to appeal the decision, an entrance examination must be taken and the results reviewed. If there is evidence to indicate the probability of success, the student may be admitted by the Dean for one semester on probation. Before admitting any student on probation, special attention will be paid to the grades in the USD Beacom School of Business courses and the semester grade point averages in the semesters just prior to the request.

CONDITIONAL ADMISSION

Students who meet admission requirements 1 & 2 will be admitted by the Dean on the condition that they complete the last of their pre-major business core requirements within the first semester of admission, as long as the institutional and Beacom School of Business grade point averages are 2.5 or above. If either of these two grade point averages is below a 2.5, the Dean may admit the student. The pre-major business core requirements include BADM 101 Survey of Business, ACCT 210 Principles of Accounting I, ACCT 211 Principles of Accounting II, ECON 201 Principles of Microeconomics, ECON 202 Principles of Macroeconomics, BADM 220 Business Statistics, and MATH 121 Survey of Calculus or MATH 123 Calculus I (or their equivalents). Students failing to meet the conditions of admission will have their admission revoked and will not be permitted to enroll or continue enrollment in 300/400 level business classes from USD. If special circumstances warrant, these decisions may be appealed to the School’s Academic Standards Committee.

DEGREE REQUIREMENTS

All business students must meet the University graduation requirements as well as the requirements of the business degrees. It is the individual responsibility of every student to fully acquaint himself/herself with all requirements for graduation and to meet these requirements during the period of registration in the school. These include residence, scholastic average, specific courses required, and elective credit hours required. Consult with the Beacom School of Business Student Services Center, academic advisors, and the degree auditors to assure all requirements will be met.

A minimum of 120 semester credit hours must be successfully completed.
All University requirements for liberal learning, assessment, and residency must be met in accordance with the student’s official catalog of entry.
All courses required of the specific business major must be successfully completed.
At least 50% of the business credits required for the business degree must be earned through USD.
A minimum of 60 credits of upper-level (300/400) course work must be successfully completed.
Either ENGL 205 Business Writing from USD or another acceptable advanced composition course and an approved senior research paper must be completed under the direction of a business school faculty member. This paper may be written as part of a Beacom School of Business course with the approval of the faculty member teaching the course and the student’s selected paper advisor. A minimum grade of “C” is required to satisfy the requirement.
An intensive writing requirement for 1 to 3 credits. Courses meeting this requirement include ACCT 498 (1 credit), BADM 498 (1 credit), ECON 498 (1 credit), HSAD 498 (1 credit), or ENGL 370 (3 credits). Note: For Fall 2012, ENGL 399 (3 credits) is acceptable.
A minimum cumulative grade point average of 2.00 in all courses completed including transfer courses, a minimum grade point average of 2.00 from the University of South Dakota (institutional), and a minimum grade point average of 2.00 in the USD Beacom School of Business courses complete must be achieved. Transfer grades are not considered in the Beacom School of Business average.
Students may count no more than 6 credit hours toward their business major from any of the following four categories: (1) internships/ practicums, (2) study tour, (3) independent studies/readings and (4) service learning activities. No more than 12 credits total from the list can be applied toward a business degree (i.e., business and/or free electives). No more than 6 credits of Satisfactory/ Unsatisfactory graded business coursework may be applied toward a business major.
No more than two business courses (ACCT, BADM, ECON, ENTR, HSAD) with grades of D or F are permitted. Students with more than two business courses with grades of D or F will be required to repeat one (or more) of those classes and must earn a grade of C or better to comply with this requirement. The student may choose which class (or classes) to repeat. Business courses from USD and business courses accepted in transfer from other schools are considered when applying this rule.
All students must pass an exit examination.

Probation Status—Students not yet accepted to a business major. Students seeking business degrees must have a 2.50 or higher cumulative grade point average in order to remain in good standing. Students whose cumulative grade point average falls below a 2.50 will be placed on Beacom School of Business probation. Probation status serves as a warning that acceptance to the Beacom School of Business majors is in serious jeopardy. A subsequent decline in grade point average could cause dismissal from the business program.

Probation Status—Students admitted to a business major. Students admitted to a business major with a cumulative, institutional, or Beacom School of Business grade point average below 2.50 are placed on Beacom School of Business Probation. Students previously admitted to a major who have their cumulative, institutional, or Beacom School of Business GPA fall below 2.50 are also placed on Beacom School of Business Probation.

Any student on probation will be subject to the following review:
1. If the GPA at issue does not increase at the end of the next semester, the student will be dismissed from the business majors. (Accounting, Economics, Finance, Health Services Administration, Human Resource Management, Management, Marketing)
2. If dismissed from the major, a business student is no longer eligible to enroll in any upper-level (300/400) courses with a prefix of ACCT, BADM, ECON, ENTR or HSAD.
3. If the GPA at issue increases but remains below 2.50, the student will be reviewed for possible continuance as a probation student.
4. Students may be removed from probation status if their GPA at issue is 2.50 or above.
If special circumstances warrant, these decisions may be appealed to the School’s Academic Standards Committee.

BEACOM SCHOOL OF BUSINESS MAJORS/DEGREES

Students majoring in any of these fields will receive a Bachelor of Business Administration, B.B.A.

Students can choose one of the following majors in the Beacom School of Business; double majoring in these majors is not permitted:

Accounting
Economics
Finance
Health Services Administration
Human Resource Management
Management
Marketing

FIRST/SECOND YEAR CURRICULUM FOR ALL BUSINESS MAJORS

Prior to gaining admission to the Beacom School of Business majors, students complete the University’s liberal learning requirements and the prerequisites necessary for acceptance. Each of the seven majors offered through the Beacom School of Business begins with the first/second year curriculum. During the first half of the program, students complete the liberal learning requirements of the University and the prerequisites for admission to the business majors. All students must complete a minimum of 15 credits of liberal learning including composition, a social science, a humanities/fine arts, a mathematics course, and a science course within their first 45 credit hours. The remaining requirements are to be completed as early as possible in the student’s academic program.

Click here for FIRST/SECOND YEAR CURRICULUM FOR ALL BUSINESS MAJORS requirements.

SCHOLARSHIPS

Each year, the Beacom School of Business has the capacity to award over $400,000 in awards and scholarships. These funds are made available through the generous support of alumni and friends of the Beacom School of Business.

Arthur Andersen & Co. Scholarship
Marcus & Vera Anderson Scholarship
Richard Arnold Accounting Scholarship
Wayne N. & Margaret Austin Memorial Scholarship
Beacom Family Scholarships
Beacom School of Business Scholarship
Donald W. Beaty Memorial Scholarship
Beta Gamma Sigma Award
Black Hills Corporation Scholarship
Mr. and Mrs. Ray Blomstrom Accounting Scholarship
Patrick & Ruth Boehmer Scholarship
O.R. Brancel Memorial Scholarship
Sharon Broderson Memorial Scholarship
Matthew P. and Marija Brzica Scholarship
Walter A. Buhler Scholarship
Walter A. & Lucy S. Buhler Scholarship Trust
Daniel M. Bylander Economics Scholarship
Byron L. and Carol Bymers Equitable Scholarship
Ronald J. Campbell Memorial Scholarship
John Jr. & Michael Carmody Scholarship
Andrew Carnegie Undergraduate Research and Experiential Learning Scholarship
Laddie Cimpl Scholarship
Dale E. Clement Endowed Scholarship
Harriet S. Cosgrove Scholarship
A. A. Cotton Memorial Scholarship
Charles R. Dahlman Scholarship
Deloitte & Touche Accounting Scholarship
Mr. and Mrs. Mel Dick Scholarship
Willard H. Dickenson Scholarship
Charles R. & Joyce M. Dicus Scholarship
Tom Didier Memorial Scholarship
Virgil F. Dove Scholarship
Economic Development Fund Scholarship
Entrepreneur III Scholarship
Faithe Family Scholarship
Francis V. Fetzner Scholarship
Philip & Helen Fisher Management Scholarship
Richard Foreman Scholarship
Freeman Chair Scholarship
George & Bette Glover Scholarship
Anna M. Goetz Scholarship
Clifford E. Graese Scholarship
The Alan M. Graff Memorial Scholarship
Brian L. Grant Management Scholarship
Walter Gray Statistics Award
Grover Family Scholarship
Gutzman Family Statistics Scholarship
Roger Hainje Memorial Scholarship
Mary W. Hanson Scholarship
Lorraine R. Hart Scholarship
Ardell and Rula Hatch Scholarship
James R. Hawke Scholarship
Richard M. and Michael P. Held Scholarship
Craig Hensley Scholarship
Howalt-McDowell SDAHO Scholarship
John E. Hulse Business Scholarship
Gene Iverson Family Scholarship
John B. Jasper Scholarship
Thomas L. Jenson Endowed Accounting Scholarship
Robert L. Johnson Finance Scholarship
J. P. & Helen Jones Scholarship
Patrick Jung Accounting Scholarship
Randy L. Karns Family Accounting Scholarship
Kim K. and Linda G. Keller Scholarship
Revone Kluckman Memorial Scholarship
Samuel K. Kniffen Scholarship
Doyle & Rachel Knudson Scholarship
KPMG Scholarship
Gerald J. Laber Scholarship
Shirley Laskin Family Scholarship
Carol and Herman Lerdal Scholarship
Joseph & Samene Lesser Scholarship
John H. and Burl Litzelman Scholarship
William H. Lockhart Memorial Scholarship
John S. Lockwood Memorial Scholarship
Gladys and Lenard Ludwig Memorial Scholarship
J. Steven Manolis Scholarship
Mascott Scholarship
J.D. & Bobbie Mason Business Scholarship
Lawrence J. & Paulette F. Massa Scholarship
Milo McCabe Memorial Scholarship
McGladrey & Pullen Accounting Scholarship
MidAmerican Energy Scholarship
Gary McMahon Accounting Scholarship
V. E. Montgomery, Jr. Scholarship
Young and Gwen Moore Scholarship
Christopher L. Nelson Scholarship
Alan Nichols Scholarship in Economics
James & Debra Nixon Scholarship
Lynn Odland Accounting Scholarship
Bruce Odson Scholarship
Harry E. Olson Endowed Scholarship
R. F. and Garnett Patterson Scholarship
B. D. Perkins Management Scholarship
James M. Peterson Scholarship
Powell Family Scholarship
Kathryn and Warren Prostrollo Scholarship
Qwest Research Scholarship
Thomas R. Rabusch Endowed Scholarship
Jim Rath Scholarship
Mary P. Ricciardello Scholarship
Charles Roegiers Annual Management Scholarship
Katherine Plut Roth Business Education Scholarship
Willis Schenk Business Scholarship
Wendell R. Schwarz Scholarship
Nelville A. Seeley Scholarship
Shull Family Scholarship
Steven D. Sikorski - Sheila A. Barrington Scholarship
Joseph T. Simmons Scholarship
Dallas Smith Scholarship
George A. Smith, Jr. Memorial Scholarship
South Dakota Bankers Foundation Scholarship
South Dakota CPA Society Scholarship in memory of Harry E. Olson
Earl S. and Harriet R. Sparks Scholarship
Douglas L. Steckler Scholarship
Norman B. Stratton Accounting Scholarship
The Svendsen Scholarship
James Taylor Marketing Scholarship
Thomson-McConnell Scholarship
Robert Torkelson Accounting Scholarship
Linda Schuller Tremere Scholarship
Valley Queen Cheese Scholarship
Thomas P. Vance Scholarship
Allen Vargas Memorial Scholarship
James Vaughn Endowed Accounting Scholarship
Arthur A. Volk Accounting Scholarship
J. T. Vucurevich Scholarship
June and Lyle Wagner Endowed Scholarship
John R. Waltner Business Scholarship
Jay Wein Endowed Accounting Scholarship
Clayton Welch Health Care Financial Management Association Memorial Scholarship
Reid W. West Memorial Scholarship
Orville L. Westlund Memorial Scholarship
Lula B. Wheeler Scholarship
C. J. Whitlow Economics Scholarship
Doris and Morris Winter Scholarship
Benno and Linda Wymar International Trade Scholarship
XCEL Energy Scholarship
Marlon P. Young Scholarship