Undergraduate Catalog

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•  |  Undergraduate Programs
•  |  Undergraduate Course Descriptions
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Herberger Business School

118 CENTENNIAL HALL/308-4866
Web site: http://www.stcloudstate.edu/hbs

Dean:  Dr. Diana Lawson

Departments

Accounting
Finance, Insurance and Real Estate
Information Systems
Management
Marketing

Centers and Programs

Center for Information Assurance Studies
Small Business Development Center
Minnesota Chair in Real Estate, including the Minnesota Real Estate Research Center
Office of Undergraduate Programs

The following majors and minors are offered in the Herberger Business School

Accounting
Entrepreneurship
Finance
General Business
Information Systems
Insurance  (Note: This major and minor is suspended and are not admitting new students)
International Business
Management
Marketing
Real Estate

*Minor only

The Herberger Business School offers programs leading to the Bachelor of Science degree with majors in accounting, entrepreneurship, finance, information systems, insurance, international business, management, marketing and real estate. Minor programs also are available in accounting; entrepreneurship, finance, information systems; insurance and real estate; general business; international business; management; and marketing.

The Herberger Business School offers a graduate program leading to the Master of Business Administration degree. Detailed information concerning the graduate program may be found in the Graduate Catalog.

Accreditation

The Herberger Business School is accredited by AACSB, the Association to Advance Collegiate Schools of Business, at both the bachelor's and master's degree levels. AACSB accreditation establishes standards for collegiate schools of business to promote high levels of educational quality.

Mission

The Herberger Business School develops and delivers a quality undergraduate and graduate business education through the collaboration of an involved community of students, faculty, staff, business professionals, and other stakeholders.  We focus on student learning of content and competencies, maintain a commitment to scholarly activity, and contribute to the educational and economic vitality of those we serve.

The Herberger Business School serves the Upper Midwest and a globally-diverse student body within a comprehensive Minnesota university.

Values

• Students come first in everything we do
• Students learn both content and competencies
• Scholarly activity supports the classroom and community
• A professional and collaborative environment exists for all members of the HBS community
• Technology enhances teaching, learning and administrative processes
• A contribution is made to the educational and economic vitality of our community
• Innovation enhances learning
• A global perspective shapes our thinking

Vision

To be recognized as a leader in the region for a portfolio of distinctive programs that serve as best practices for the advancement of learning.

Center for Information Assurance Studies

Director: Mark B. Schmidt/CH 311/308-4988
www.stcloudstate.edu/cias

The Center for Information Assurance Studies (CIAS) at SCSU is an interdisciplinary effort between the Information Systems (IS) Department located in the Herberger Business School and the Computer Networking and Applications (CNA) Department in the College of Science and Engineering. The CIAS provides a supportive learning environment, in which students are challenged to develop an in-depth knowledge in various domains of information assurance.

Internship Program in Business

Director: Scott Johnson/CH 229/308-4057

Business majors who have completed their junior year are encouraged to participate in the internship program in business available in each department. The program provides:

1. An opportunity for students to work under an approved program for a semester or more with a participating firm or organization.
2. An opportunity for students to identify with the business world and explore career options prior to graduation.
3. An opportunity for businesses and organizations to receive high-quality temporary assistance on special projects or in areas with short-term needs.
4. An opportunity for businesses and organizations to cooperate with the Herberger Business School in preparing students for career opportunities after graduation.

The programs are competitive and are available for any semester during the calendar year, including summer. Majors in the Herberger Business School are urged to arrange a meeting with their adviser in order to include provision for participation in the internship program during their senior year of study. Generally, no other classes may be taken during the internship semester. Students must spend at least one semester at SCSU after the internship in order to complete the post-internship requirements and receive credit for the internship experience.

Minnesota Chair in Real Estate

Professor and Chairholder: Steven P. Mooney/CH 464/308-4986

The Minnesota Chair in Real Estate is an endowed professorship established through initial funding from the Minnesota Department of Commerce, The Minnesota Association of Realtors, and Cy Kuefler, Sr. The chairholder is responsible for the operations, research and programs of the Minnesota Real Estate Research Center. The chairholder also directs the Bachelor of Science and MBA degree programs in real estate in the Department of Finance, Insurance and Real Estate. The real estate degree program was the first professional, four-year, university-level program in Minnesota. It remains the only AACSB accredited real estate major in the State of Minnesota. The curriculum focuses students' interest on the technical and conceptual aspects of real estate. All students complete a common core of real estate courses and then specialize in one area, such as real estate brokerage, property management, development, appraisal, finance or investments.

Minnesota Real Estate Research Center

Director: Steve P. Mooney/CH 464/308-4986

The Minnesota Real Estate Research Center is a program of the Minnesota Chair in Real Estate, the center provides research and consulting services to governmental agencies and private industry. Articles of special interest to the real estate and housing industry are published by the center.

Office of Undergraduate Programs

Director: Kerry Marrer/CH 229/308-3214

The Office of Undergraduate Programs is designed to serve the needs of both undergraduate students and faculty teaching undergraduate courses. The Office has authority within the Herberger Business School to deal with matters related to student life in the school, to provide direction to students on choice of major/minor within the School, and to assist with the university's continuing efforts to attract and retain quality students. The Office also serves as a centralized advising center for all pre-business students working toward ultimate admission to one of the School's ten majors, and is responsible for coordinating and/or teaching HBS 111 - Orientation to the Herberger Business School.

Small Business Development Center

Director: Barry Kirchoff/5th Avenue Live Welcome Center/308-4842
www.stcloudstate.edu/sbdc

The Small Business Development Center (SBDC) is a comprehensive resource center located in the SCSU Welcome Center at Coborn Plaza.  The center serves as a resource where information, counseling and assistance are coordinated and disseminated to individuals who plan to start a small business or are presently operating a small business. The SBDC is jointly funded by the university, Minneosta Department of Employment and Economic Development, and the U.S. Small Business Administration, and offers the following services:

1. Assistance in the preparation of business plans and loan application packages.
2. Workshops and seminars on business related topics to assist small business owners in central Minnesota.
3. Confidential counseling offered at not cost to meet the specific needs of a small business.

Academic Policies

Admission to Pre-Business Status. A student who decides to major in business should contact the Office of Records and Registration, AS118. The student should then return to the Office of Undergraduate Programs (CH 229) where they will meet with an adviser.

While in pre-business status, students receive their access codes for advanced registration each semester in the Office of Undergraduate Programs, after meeting with a pre-business adviser. Advising dates are announced each semester and normally start about one month prior to the beginning of advanced registration. All students must enroll in HBS 111 in the semester immediately following admittance to pre-business status.

Pre-business students are allowed to register for the following lower division business core courses only if they have completed at least 12 credits of other course work with an overall GPA of at least 2.40 by the advanced registration period of the semester of enrollment: ACCT 291, ACCT 292, IS 242 and BLAW 235.

Admission to Major in Business. To be considered for admission to a major in the Herberger Business School, a pre-business student must have:

1. Achieved an overall GPA of at least 2.65.
2. Completed at least 45 credits at the time of application to a major, including HBS 111, ENGL 191, CMST 192, MATH 196, and ACCT 291, the latter three courses with a grade of "C" or better. (Note: HBS students are required to complete MATH 196 instead of the GenEd Core 3 requirement MATH/STAT 193).
3. Enrolled in (or completed) ACCT 292, BLAW 235, ECON 205, ECON 206 and IS 242 (IS 242 requires a grade of C or better).
4. Met the HBS "computer competency" requirement by completing an introductory computing course (e.g., CSCI 169, CNA 169) with a grade of "C" or better, or satisfactorily demonstrating previous acquisition of (a) knowledge of fundamental computing concepts and microcomputer plat- forms, and (b) skill in working with electronic spreadsheets, word processing and information access.
5. Substantially completed the SCSU general education program.

Pre-business students ready to be admitted to a major need to obtain an "Apply for Major" permit from the Office of Undergraduate Programs (CH 229). This permit is taken to the appropriate academic department, where a "Major-Minor Program Form" is completed with the assistance of a major adviser. Admission to a major is not complete until this form is filed by the department in the Office of Records and Registration. Because recording the form can take a week or more, students should meet with the major adviser well before advanced registration or the next semester begins.

Admission to Herberger Business School
Minors and Courses

Non-business majors may take no more than 25 percent of their total university course work in the Herberger Business School.

Minor Programs in Business. Business majors interested in minoring in business should check with the individual departments. Non-business students may choose one of the ten minors in business: Accounting; Entrepreneurship; Finance; General Business; Information Systems; Insurance; International Business; Management; Marketing; or Real Estate. A minimum GPA of 2.65 is required for admission to a minor.

Enrollment in 300/400 Level Herberger Business School. Students admitted to a major or minor offered through the Herberger Business School and who have completed 60 semester credits may register for upper-division (300/400 level) Herberger Business School courses. Permission of the department chair is required for ALL OTHER STUDENTS to enroll in upper-division business courses. Generally, permission is given only if the student: (a) has completed at least 60 credits, (b) has been admitted to a major or minor program requiring these courses, (c) has a cumulative GPA of 2.65 or higher, and (d) has the appropriate prerequisites.

Other Herberger Business School Academic Policies

Academic Dishonesty.  The Herberger Business School (HBS) has a disciplinary process for dealing with issues of academic dishonesty. This process is designed to be a positive step toward eliminating academic dishonesty.  It will accomplish this by responding immediately to the incident, tracking offenses, and imposing consistent school sanctions. A faculty member who believes a student has engaged in academic dishonesty will refer the matter to the HBS Disciplinary Group.  After meeting with the student and faculty member, the HBS Disciplinary group may recommend to the HBS Dean sanctions in addition to those described in the university’s Code of Conduct policy.

This process is entirely separate from the grade appeal process.  

Changing HBS Majors. Once admitted to a HBS major, students can switch to another major within the School provided they are not on academic probation at the time of the request.

Probation. Students admitted to a major program in the HBS who do not maintain an overall GPA of 2.0 are placed on probation effective immediately at the close of the semester or summer term in which the GPA falls below 2.0. Students on probation who fail to achieve an overall GPA of 2.0 by the end of the following semester are suspended from their major and are no longer allowed to take courses in the HBS. Suspended students can be reinstated to their major only upon written and oral appeal to the Director of Undergraduate Studies.

Residence Requirement. Students choosing one of the business majors must complete their last year (30 credits) in residence at St. Cloud State University.

Communications Requirement. All HBS courses include a written communication requirement.

Core Requirements for Business Programs

All students majoring in business must complete the following courses. The first set of courses is part of the pre-business program and must be completed or enrolled in before being admitted to a major:

The Communication Core requirement can be completed either before or after being admitted to a major.

The list of allowable courses changes from semester to semester. Check with Undergraduate Programs/Pre-business Advising Office in the Herberger Business School building for the most recently updated list.

The following seven courses are ordinarily completed after admission to the major:

Suggested plans of study for all majors in the Herberger Business School are available online at http://bulletin.stcloudstate.edu/ugb/.

Transfer Policies

All transfer students seeking a business degree from St. Cloud State University must consult with an adviser in the Office of Undergraduate Programs, CH 229, to determine their status in the School. The following special requirements apply to transfer students:

1. Transfer students will be admitted to their major immediately provided (a) they have completed all the requirements of the pre-business program, and (b) their transfer GPA is at least 2.65.
2. All other transfer students will be admitted to pre-business status and will be admitted to a major when they (a) complete all the requirements of the pre-business program, and (b) establish a St. Cloud State University GPA of at least 2.65. This GPA is calculated only from courses completed at St. Cloud State University and must be based on a minimum of 15 semester credits. Lower division business core courses may be taken as part of the 15 credit minimum.
3. In addition to the residence requirement discussed elsewhere, at least 50 percent of the credits in the student's major and at least 50 percent of all business credits needed for the degree must be taken at St. Cloud State University. Courses can be transferred into the business core and/or the student's major only if a grade of "C" or higher was earned.
4. Lower division courses from baccalaureate degree granting institutions and all courses from non-baccalaureate degree granting institutions can be transferred into the lower division at St. Cloud State University.
5. Validation of credits to be considered for transfer is performed by the Office of Records and Registration consistent with HBS policies. Where necessary, transfer students will be required to provide course syllabi and/or other supporting data for review by the appropriate department(s).

Students are referred to the "Admission and Registration" section of this Undergraduate Catalog for other St. Cloud State University transfer policies and procedures.

Herberger Business School Courses (HBS)

111. Orientation to the School of Business. Programs and policies, career and program options, preparation for academic success, and orientation to student life in the Herber Business School. (Should be taken as early as possible in the student's program). 1 Cr. F, S.

196. Creating a Business Plan. Introduction to the world of business and the mechanics of assembling a business plan. Students must have attended the MBV BestPrep Summer Business Camp. 1 Cr. DEMAND.

211. Career Essentials. Business career paths, job application materials (print and web), interview strategies, opportunities in study abroad, internships, leadership, and community engagement. 1 Cr. F, S.

327. Observations and Reflections of the European Business Environment. Provides a method for students to study, observe and reflect upon various aspects of conducting business in the European market. 3 Cr. F, S. Taught in Ingolstadt, Germany.

411. Workplace Etiquette and Professionalism. Soft skills required to succeed in professional careers in business; workplace etiquette, interpersonal communication, leadership and avenues for professional development. 1 Cr. F, S.

479-579. Special Topics in Global Business. Special topics in global business environment. May include information systems, marketing, management, accounting, finance, law, and related topics. May be repeated up to 6 cr. with different topics. 3 Cr. DEMAND.