Oct 24, 2021  
Undergraduate Bulletin 2006-2008 
Undergraduate Bulletin 2006-2008 [Archived Catalog]

Business (B.S.B.)

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Program: B.S.B.
SBMS Undergraduate Student Affairs Center
Richard T. Doermer School of Business and Management Sciences

Neff Hall 366 ~ 260-481-6472 ~ www.ipfw.edu/bms

The faculty of the Richard T. Doermer School of Business and Management Sciences believe that quality in product and services, competitiveness in the global marketplace, and professionalism are critical to business success. As a result, the undergraduate business curriculum is designed around the principles of competitiveness, quality, and professionalism. Faculty members are dedicated to the development of business professionals who have the knowledge and skills to contribute effectively to their organizations and community.

A significant portion of the B.S.B. curriculum is composed of courses that provide a basic understanding of principles and practices involved in the management of business firms. Another large component, slightly more than half of your credits, is the general education core. These courses provide a well-rounded background necessary for success in a diverse business environment. Further, in order to ensure a balanced educational program, the business curriculum offers ample opportunities to take courses in a specific concentration area of interest to you.

The B.S.B. program is accredited by the International Association for Management Education (AACSB), which provides a voluntary mechanism of quality control. AACSB is the most prestigious business accrediting body in the nation. Only about one-quarter of all business schools in the nation possess this distinction.

Your initial courses are selected from introductory-level general education, business, and economics subjects. When you have qualified for admission to the B.S.B. program, additional opportunities are provided for in-depth studies in a variety of advanced business, management, and analytical subjects. These advanced studies help you prepare for positions of increasing executive responsibility in the business community.

Upon completion of the B.S.B. curriculum, you should:

  • understand and be able to integrate fundamental principles of business theory and practice in a dynamic environment.
  • have the analytical skills necessary for sound business decisions.
  • be able to understand the relationship between the macro environment and business.
  • be able to demonstrate effective communication and appreciate the role and importance of teamwork.
  • be prepared for lifelong learning.
  • understand the global, ethical, and cultural implications of business decisions.

At the time you are admitted to the B.S.B. program, you must declare a specialization in one of five concentrations: accounting, business economics, finance, management and administration, or marketing.


Beginning students who qualify for regular admission to IPFW are assigned to Academic Counseling and Career Services (ACCS, Kettler 110E, 481-6814) as prebusiness majors to complete the freshman degree requirements, consisting of 30 credits that apply to the degree, including BUS W100, ENG W131, COM 114, PSY 120, SOC S161, and if required, MA 153. Upon completion of these 30 credits with a minimum cumulative GPA of 2.00, you may then request a transfer to the Richard T. Doermer School of Business and Management Sciences to complete the requirements for admission to the degree program. High-school applicants who rank in the top half of their class and receive a score of 950 or higher on the SAT I are granted admission directly into the Richard T. Doermer School of Business and Management Sciences as prebusiness majors, to complete the freshman degree requirements.

To be admitted to the B.S.B. program, a formal application for admission is required; applications are available in Neff 366. Successful applicants will have a cumulative GPA of 2.00 or higher and will have completed at least 60 credits that apply toward the degree, including the courses listed below. Within this course listing, successful applicants will have (1) a grade of C or better in each course marked with an * and (2) a GPA of 2.30 or better (the grade for ENG W131 is not included in this GPA calculation).

Courses Specifically Required for Admission to the B.S.B. Program

Course Number and Title   Credits
  BUS A201*   Principles of Financial Accounting 3
  BUS A202*   Principles of Managerial Accounting 3
  BUS K211*   Spreadsheets for Business 1
  BUS K212*   Introduction to Database Management 1
  BUS K213*   Internet Access and Data Analysis for Business 1
  BUS L200*   Elements of Business Law 3
  BUS W204*   Social, Legal, and Ethical Implications of Business Decisions 3
  COM 114   Fundamentals of Speech Communication 3
  ECON E201*   Introduction to Microeconomics 3
  ECON E202*   Introduction to Macroeconomics 3
  ECON E270*   Introduction to Statistical Theory in Economics and Business I 3
  ENG W131*   Elementary Composition I (or equivalent) 3
  ENG W233*   Intermediate Expository Writing 3
  MA 229   Calculus for the Managerial, Social, and Biological Sciences I 3
  PSY 120   Elementary Psychology 3
  SOC S161   Principles of Sociology 3

Two additional rules apply to applicants’ progress through the above courses:

  1. No more than 6 credits of these courses may be repeated, and no course may be repeated more than once.
  2. Both the original and the repeat grades earned in the above courses will be used to compute the admission GPA. This includes courses that you have taken or repeated at IPFW and other IU campuses. Students who transfer in more than 20 credits of the 42 credits listed will be admitted to the B.S.B. program on a probationary basis.


Bachelor’s degree programs in business are offered at other Indiana University and IU-Purdue campuses. Since admission and graduation requirements vary among these campuses, you must meet the admission and graduation requirements of the campus from which you intend to graduate.

Enrollment in Business Courses Numbered 300 and Above

Unless you have attained junior class standing and met at least one of the following conditions, you are not permitted to enroll in a business course numbered 300 or above:

  1. You have been admitted to the B.S.B. program at IPFW.
  2. The course is a specified requirement for another bachelor’s degree program or minor in which you are enrolled and you have completed all course prerequisites.
  3. You have obtained written permission from the department through which the course is offered.

If you have enrolled and are not eligible, you will be withdrawn from the course.


Many of the courses required for this degree are sequenced, and many are offered only in alternate semesters. Therefore, regardless of the number of credits you may have earned prior to admission to the B.S.B. program, the school cannot guarantee that you will be able to complete all degree requirements in fewer than four regular semesters after admission.

To earn the B.S.B., you must complete a minimum of 123 credits as specified below. You must satisfy the requirements of IPFW (see Part 7) and the Richard T. Doermer School of Business and Management Sciences, earn a grade of C or better in those courses marked with an * above, earn a grade of C or better in each BUS and ECON course, and complete the four categories of requirements described below. Developmental courses (e.g., ENG R150, R151, and W130; MA 109, 111, and 113) do not apply to degree requirements.

Your final consecutive 30 credits must be taken at IPFW after you have been formally admitted to the B.S.B. program. No more than 50 percent of the 123 credits may be in business or economics courses.

IPFW General Education Requirements (53 credits)

Area I—Linguistic and Numerical Foundations Credits: 9

One of the following Credits: 3

(grade of C or better required)

Area II—Natural and Physical Sciences Credits: 6

See Part 2 General Education Requirements for approved courses

Area III—The Individual, Culture, and Society Credits: 6

Area IV—Humanistic Thought Credits: 6

  • Additional credits in approved Area IV courses: 3

Area V—Creative and Artistic Expression Credits: 3

See Part 2 General Education Requirements for approved courses

Area VI—Inquiry and Analysis Credits: 3

See Part 2 General Education Requirements for approved courses

SBMS Requirements

  • Additional credits in general education courses excluding business, economics, and OLS courses Credits: 8

Core and Concentration (Major) Courses (46 credits)

Area Concentration Credits: 12–24

12–24 credits in an Area Concentration: Upon admission to the B.S.B. program, you will select one of the following five concentrations, While you may change your concentration at any time during your degree program, changes made after your junior year may result in exceeding the 123 credits required to complete your degree. Specific concentration requirements are listed below.

General Elective Courses Credits: 0–12

0–12 sufficient credits from either business or nonbusiness courses, excluding organizational leadership and supervision courses, to complement your professional and education  objective and bring your degree total to at least 123 credits.

Total Credits: 123

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