BUSINESS, BEACOM SCHOOL OF

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Michael Keller, Dean
Thomas Davies, Associate Dean
Rhonda Hulkonen, Assistant Dean
Business School Building, Room 124
(605) 677-5455

http://www.usd.edu/business/index.cfm

FACULTY:

Professors:

Jon Carpenter, Accounting
Thomas Davies, Accounting
DeVee Dykstra, Business Law
Angeline Lavin, Finance
David Moen, Decision Sciences
Srinivasan Ragothaman, Accounting
Raymond Ring, Economics
Diego Salazar, Decision Sciences

Associate Professors:

Gregory Huckabee, Business Law
Leon Korte, Accounting
Bijayananda Naik, Management Information Systems
Kumoli Ramakrishnan, Finance
Daniel Tracy, Decision Sciences
Randall Waldron, Economics
Yewmun Yip, Finance
Mark Yockey, Management

Assistant Professors:

Michael Allgrunn, Economics
Hunter An, Finance/Economics
David L. Carr, Economics
Lori Epping, Accounting
Rhonda Hulkonen, Student Services
Kaiya Liu, Marketing
Kathleen Kaminski, Accounting
Damian Lonsdale, Management
Greg Patton, Management
Amy Verbos, Management
Rand Wergin, Marketing
Robert Wharton, Management

Instructors:

Lisa Little Chief Bryan, Entrepreneurship
Michael Gillispie, Marketing
Laura Hybertson, Accounting
Scott Morstad, Health Services Administration
Richard Muller, Management/Marketing
Angela Olson, Accounting and Finance

Directors:

Mary Derby, Health Services Administration

MAJORS:

Accounting
Economics
Finance
Health Services Administration
Marketing
Management

SPECIALIZATION:

Human Resource Management (for Management majors only)

MINORS:

Business Administration
Economics (Offered through the College of Arts & Sciences)
Entrepreneurial Studies
Health Services Administration
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. 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 $250,000 annually to our students. And it is through such generosity that the Beacom School of Business is opening 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 will now 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, 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 32 credits on the basis of high academic performance.

ADMISSION TO THE BEACOM SCHOOL OF BUSINESS

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 48 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 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 in the semesters just prior to the request. 

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). 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.

1. A minimum of 128 semester credit hours must be successfully completed.

2. All University requirements for liberal learning, 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 64 credits of upper-level (300/400) course work must be successfully completed.

6. A minimum of 64 credits (50%) of non-business course work (liberal learning/general education) must be successfully completed. (Nine credits of economics and six credits of statistics may be counted as non-business for this purpose.)

7. Either ENGL 205 Business Writing from USD or another acceptable advanced composition course and an approved senior research paper must be completed. 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.

8. 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.

9. No more than 6 credits of internship/practicum, 6 credits of study tour, 6 credits of independent study/readings, or 6 credits Satisfactory/Unsatisfactory graded business coursework (including internships and practicums) may be applied to the degree requirements.

10. No more than two Beacom School of Business courses with grades of “D” are permitted.   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.

11. 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 with a 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. 

 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
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 six 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 48 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 $250,000 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
• 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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