Beacom School of Business

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Michael Keller, Dean
Thomas Davies, Associate Dean
Rhonda Hulkonen, Assistant Dean
Patterson Hall 101
(605) 677-5455

FACULTY:

Professors:

Jon Carpenter, Accounting
Thomas Davies, Accounting
Angeline Lavin, Finance
David Moen, Decision Sciences
Srinivasan Ragothaman, Accounting
Robert Reinke, Economics
Raymond Ring, Economics
Robert Rosacker, Accounting
Diego Salazar, Decision Sciences
Robert Tosterud, Economics

Associate Professors:

Janet Buelow, Health Services Administration
DeVee Dykstra, Business Law
Gregory Huckabee, Business Law
Leon Korte, Accounting
Bijayananda Naik, Management Information Systems
Kumoli Ramakrishnan, Finance
Randall Waldron, Economics

Assistant Professors:

Michael Allgrunn, Economics
David L. Carr, Economics
Wade Druin, Business Research Bureau
Mahdy Elhossiny, Finance/Economics
Rhonda Hulkonen, Student Services
Kathleen Kaminski, Accounting
Susan Kruml, Management
Damian Lonsdale, Management
Kyeong Sam Min, Marketing
Lynn Muller, Marketing
Kirsten Rosacker, Accounting/Decision Sciences
Daniel Tracy, Decision Sciences
Robert Wharton, Management
Yewmun Yip, Finance
Mark Yockey, Management

Instructors:

Lori Epping, Accounting/Finance
Michael Gillispie, Marketing
Laura Hybertson, Accounting
Scott Morstad, Health Services Administration
Richard Muller, Management/Marketing
Cherie Noteboom, Management Information Systems
Angela Olson, Accounting and Finance 

BACHELOR OF BUSINESS ADMINISTRATION, B.B.A.

MAJORS:

ACCOUNTING
ECONOMICS
FINANCE
HEALTH SERVICES ADMINISTRATION
MARKETING
MANAGEMENT

SPECIALIZATION: HUMAN RESOURCE MANAGEMENT

MINORS:

BUSINESS ADMINISTRATION
ECONOMICS (Offered through the College of Arts & Sciences)
ENTREPRENEURIAL STUDIES
HEALTH SERVICES ADMINISTRATION
LEGAL STUDIES IN BUSINESS (Pending BOR Approval)

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 USD’s School of Business is energetically moving into the future through the redesign of programs and introduction of the newest instructional methods, basic business concepts are not forgotten. We take pride in the tradition of excellence that has been and will continue to be associated with our School.

The Beacom School of Business is a regional leader, and the focus of the School reflects this role. The School maintains outreach initiatives that enrich the curriculum and provide special opportunities such as internship placements in leading 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 including accounting, finance, economics, marketing, human resource management, entrepreneurship, and healthcare administration. 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 $200,000 annually to our students. And it is through such generosity that the School of Business is planning 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. It is anticipated that construction will begin in 2007. Upon its completion, students will be 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, Business Research Bureau, State Data Center, Small Business Development Center, East Asian Institute, Academy of Finance, Youth Business Adventure, KIDS Count Project, and the SAP Education Alliance are all affiliated with the 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 freshman and sophomore years, 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. 

EARLY ADMISSION

Early Admission to the Beacom School of Business may be granted to sophomores by the Dean on the basis of high academic performance. 

ADMISSION TO THE BEACOM SCHOOL OF BUSINESS

An application to the School of Business is filed when the criteria below are met in the Beacom School of Business Student Services Center. There are three criteria required for full admission to the Beacom School of Business:

1. Students must have completed 48 semester hours.
2. Students must have a cumulative grade point average of 2.50 or above on a four-point scale. Students with less than a 2.50 institutional grade point average or Beacom School of Business grade point average will 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). 

ADMISSION ON PROBATION

A student with a 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 during the sophomore year. 

CONDITIONAL ADMISSION

Students who meet admission requirements 1 & 2 may 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. 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). 

DEGREE REQUIREMENTS

(All students must meet the University graduation requirements. Degree requirements may also satisfy university graduation requirements. Consult your advisor.)

1. Completion of the major course program.
2. A minimum of 128 semester hours.
3. A cumulative grade point average of 2.00 in all courses attempted, a cumulative grade point average of 2.00 in the USD Beacom School of Business courses attempted, and a minimum grade point average of 2.00 while enrolled in the Beacom School of Business. A student must have BOTH a cumulative grade point average of 2.00 AND a grade point average of 2.00 in the USD Beacom School of Business courses in order to graduate with a degree from the Beacom School of Business. Transfer grades are not considered in the Beacom School of Business average.
4. No more than two Beacom School of Business courses with a grade of “D.” Students with a grade of “D” in three (or more) USD business classes will be required to repeat one (or more) of those classes, and must earn a grade of “C” or better in order to comply with this requirement. The student may choose which class (or classes) to repeat.
5. All students must pass an exit exam.*
6. If two consecutive semesters of work in the Beacom School of Business result in grade point averages below 2.00, the student may be permanently dropped and no longer considered a candidate for a degree in Business.
7. Satisfactory completion of ENGL 205: Business Writing, or satisfactory completion of a senior research paper. This research 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.
8. Every graduate is subject to the degree requirements stated in the USD catalog of the year of first enrollment or a later catalog.
9. At least 50 percent of the business hours required for the business degree must be earned through USD.
10. The curriculum of each undergraduate student must include a general education component that comprises at least 50 percent (64 hours) of the student’s four-year program. Up to nine semester hours of economics and up to six semester hours of statistics may be counted as part of the general education curriculum.

*Pending Board of Regents Approval

Responsibility for Requirements

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.

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 whose cumulative, institutional, or Beacom School of Business GPA falls 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, Economics, Finance, Health Services Administration, 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. 

Elective Categories

Advanced Free Electives
Courses at the junior-senior level chosen from any college/school at USD on the basis of the student’s interest are called advanced free electives.

School of Business Electives
Courses at the junior-senior level that must be selected in the fields of accounting, business administration, economics or health services administration are called School of Business Electives.

Free Electives
Courses chosen from any college/school at USD on the basis of the student’s interest are called free electives. These electives may be at any level and are only tested by meeting the 128 credit hour requirement. 

Beacom School of Business Majors/Degrees

Students can choose one of the following majors in the Beacom School of Business:

Accounting
Economics
Finance
Health Services Administration
Management
Marketing

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

Each of the six majors offered through the Beacom School of Business begins with the freshman/sophomore curriculum. During the first two years of a four-year program of study, students complete the General Education requirements of the University and the prerequisites for admission to the business majors. 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 48 credit hours. The remaining General Education requirements are to be completed within the first 64 credits of the degree. 

Specializations

If desired, students majoring in management may also select a specialization in human resource management. 

FIRST/SECOND YEAR CURRICULUM FOR ALL BUSINESS MAJORS

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.

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

SCHOLARSHIPS

Each year, the School of Business has the capacity to award over $200,000 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
Donald W. Beaty Memorial Scholarship
Beta Gamma Sigma Award
Black Hills Corporation Scholarship
Mr. and Mrs. Ray Blomstrom Accounting Scholarship
O.R. Brancel Memorial Scholarship
Sharon Broderson Memorial Scholarship
Matthew P. and Marija Brzica Scholarship
Walter A. Buhler Scholarship (a Partner of Arthur Andersen & Co.)
Walter A. & Lucy S. Buhler Scholarship Trust
Daniel M. Bylander Economics Scholarship
Byron L. and Carol Bymers Equitable Scholarship
Ronald J. Campbell Memorial 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
James Dyer Business/Basketball Scholarship
Economic Development Fund Scholarship
Faithe Family Scholarship
Francis V. Fetzner Scholarship
Philip & Helen Fisher Management Scholarship
Richard Foreman Scholarship
Miner A. Gleason Business School Scholarship
Anna M. Goetz Scholarship
Clifford E. Graese 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
C. E. and Louise C. 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 (a Partner of Arthur Andersen & Co.)
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 (a Partner of Arthur Andersen & Co.)
Kim K. and Linda G. Keller Scholarship
Revone Kluckman Memorial Scholarship
Samuel K. Kniffen Scholarship
KPMG Scholarship
Gerald J. Laber Scholarship (a Partner of Arthur Andersen & Co.)
Carol and Herman Lerdal Scholarship
John H. and Burl Litzelman Scholarship
John S. Lockwood Memorial Scholarship
Gladys and Lenard Ludwig Memorial Scholarship
J. Steven Manolis Scholarship
Mascott Scholarship
J.D. & Bobbie Mason Business Scholarship
Milo McCabe Memorial 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
School of Business Scholarship
Wendell R. Schwarz Scholarship
Nelville A. Seeley Scholarship
Shull Family Scholarship
Steven D. Sikorski - Sheila A. Barrington Scholarship
Joseph T. Simmons Scholarship
Sioux Valley—Vermillion Campus 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
South Dakota Healthcare Executives Group Scholarship
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 (a Partner of Arthur Andersen & Co.)
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

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