Mar 30, 2023  
2015-2016 Undergraduate catalog 
2015-2016 Undergraduate catalog [Archived Catalog]

Business, Beacom School of

A.R. Venkatachalam, Dean
De Vee Dykstra, Associate Dean
Carly Heard, Student Services Center, Manager
Beacom Hall, Room 124
(605) 677-5455



Thomas Davies, Accounting
DeVee Dykstra, Business Law
Angeline Lavin, Finance
David Moen, Decision Sciences
Srinivasan Ragothaman, Accounting
Daniel Tracy, Decision Sciences
A.R. Venkatachalam, Dean

Associate Professors:

Michael Allgrunn, Economics
Stephen Butler, Accounting
David L. Carr, Economics
Greg Carlson, Health Services Administration
Gregory Huckabee, Business Law
Leon Korte, Accounting
Jason Porter, Accounting
Teresa Stephenson, Accounting
Rand Wergin, Marketing
Yewmun Yip, Finance
Mark Yockey, Management

Assistant Professors:

Chet Barney, Management
Kathryn Birkeland, Economics
Brent Clark, Management
Wade Druin, Entrepreneurship
Suvankar Ghosh, Decision Sciences
Katherine Haberling, Health Services Administration
Pavel Jeutang, Finance
William Jones, Marketing
Damian Lonsdale, Management
Carole South-Winter, Health Services Administration
Brock Stoddard, Economics
Thomas Tiahrt, Decision Sciences
Akshaya Vijayalakshmi, Marketing


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


Business Administration
Health Services Administration
Human Resource Management


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

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. The Beacom School of Business has been continuously accredited by the AACSB International-The Association to Advance Collegiate Schools of Business since 1949. 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 operates in a state of the art 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 Statement

The Beacom School of Business’ mission is excellence in undergraduate and graduate education that develops successful future business leaders. We deliver high value to our students, employers, and community through distinctive teaching and learning supported by significant intellectual and professional contributions and meaningful service.
(Revised School Mission adopted 9/24/14.)


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


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. 


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 general education 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.


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.


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:

  1. Students must have completed 45 semester hours.

  2. 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.

  3. 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).  


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. 


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. 


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.

  1. A minimum of 120 semester credit hours must be successfully completed.

  2. All University requirements for general education, assessment, and residency must be met in accordance with the student’s official catalog of entry.

  3. All courses required of the specific business major must be successfully completed.

  4. At least 50% of the business credits required for the business degree must be earned through USD.

  5. A minimum of 60 credits of upper-level (300/400) course work must be successfully completed.

  6. 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.

  7. 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.

  8. 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. In addition, no more than 6 credits total from the above list may be applied to any business major (i.e. business electives), and 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.

  9. 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.

  10. 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.

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.

  1. 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, Business Administration, 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.

  2. If special circumstances warrant, these decisions may be appealed to the School’s Academic Standards Committee. 


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:

Business Administration
Health Services Administration
Human Resource Management


Prior to gaining admission to the Beacom School of Business majors, students complete the University’s general education requirements and the prerequisites necessary for acceptance. Each of the eight majors offered through the Beacom School of Business begins with the first/second year curriculum. All students must complete a minimum of 15 credits of general education 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.



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