Business, College of

Office of Undergraduate Affairs
1055 Business Instructional Facility
515 East Gregory Drive
Champaign, IL 61820
FX: (217) 333-2740
http://www.business.illinois.edu

undergrads@business.illinois.edu

The purpose of the College of Business is to provide an educational experience that will help students develop their potential for leadership and service in business, government, teaching, and research. The undergraduate curricula provide a study of the basic aspects of business and preparation for careers in fields such as accounting, business management, banking, insurance, and marketing.

The curricula, leading to the Bachelor of Science degrees in the various degree programs in business, are based on 124 hours of college work. Students are required to elect courses in other colleges of the University, including mathematics, rhetoric, humanities and the arts, speech, and natural and behavioral sciences, and to secure as liberal an education as possible to avoid the narrowing effects of overspecialization.

The College of Business offers graduate and professional programs in business areas. Detailed information on graduate programs may be obtained from the Graduate College or visit our web site.

Departments and Curricula

Undergraduate instruction in the College of Business is organized under the Departments of Accountancy, Business Administration, and Finance. Each of these departments offers courses that provide one or more curricula that a student may elect. These curricula lead to Bachelor of Science degrees in the various fields of study in the college and are designed to encourage each student to fully realize his or her intellectual promise. There can be changes to curricular requirements and new course offerings. For the most current information, visit our advisors in 1055 Business Instructional Facility and our web site.

Requirements

Admission

Applicants must meet general University requirements as well as those specified by the College of Business.

Students transferring from other institutions must have met the requirements specified by the college. See our web site and the Illinois Office of Undergraduate Admissions for further information.

Mathematics Placement Test

The ALEKS Math Placement Exam is used to place the students in the appropriate math course. The results of the test are used to place students in MATH 112 or to exempt them from college algebra and allow them to enroll in the first course of one of the mathematics sequences required for graduation (see below).

Graduation

Students in the College of Business who meet the University's requirements with reference to registration, residence, and fees and who maintain satisfactory scholastic records in the college are awarded degrees appropriate to their curricula.

Each candidate for a degree must have a 2.0 (A = 4.0) grade point average or above for all courses counted toward graduation, a 2.0 grade point average or above for all courses taken at this University, a 2.0 grade point average or above for all courses taken in the major or field of concentration, and a 2.0 grade point average or above for courses taken in the major or field of concentration at this University.

Students are responsible for meeting the requirements for graduation. Therefore, students should familiarize themselves with the requirements listed in this catalog and other information in the Office of Undergraduate Affairs, 1055 Business Instructional Facility, and should refer to them each time they plan their programs. The College of Business requires that undergraduate degrees be completed in nine semesters or less. If you need assistance with course planning, consult the Office of Undergraduate Affairs.

Mathematics Requirement

Any one of the sequences described below meets the College of Business requirement. The most appropriate mathematics sequence depends on the student's background, interest, motivation, and objectives. Background can be evaluated in terms of mathematics courses already completed and the student's score on the ALEKS Math Placement Exam. Interest, motivation, and objectives must be determined by the student. The three sequences open to the student are:

  • MATH 220/MATH 221 Calculus I and MATH 231 Calculus II. This sequence is appropriate for those students with a good background in mathematics but who have not had analytic geometry. Students who believe they may want to take upper-level courses in mathematics should take this sequence.
  • MATH 125 Elementary Linear Algebra and MATH 234 Calculus for Business I. This sequence provides a good background in linear algebra and calculus. It is difficult to take upper-level courses in mathematics after this sequence.
  • MATH 220/MATH 221 Calculus I and MATH 125 Elementary Linear Algebra. This is an alternative to the previous sequence. It is particularly suitable for those with AP credit in calculus who do not plan to take upper-level mathematics courses.

Residency

Students must earn no fewer than 60 semester hours of University of Illinois Urbana-Champaign coursework applicable to their degree-including at least 21 credit hours of advanced coursework.

Special Programs

Honors At Graduation

Honors, designated on diplomas, are awarded to superior students as follows: for graduation with honors, a minimum grade point average of 3.5 (A = 4.0) in all courses accepted toward the student's degree; for graduation with high honors, a minimum grade point average of 3.75 in all courses accepted toward the degree; and for graduation with highest honors, a minimum grade point average of 3.90 in all courses accepted toward the degree. To qualify for graduation honors, transfer students' University of Illinois at Urbana-Champaign and total cumulative grade point averages both must qualify.

Curricula

Core Curriculum

Normally, students must register for no fewer than 12 hours or more than 18 hours in each semester. Students should take mathematics, economics, and accountancy courses in the semesters indicated in the sample schedule of courses. The computer science course must be taken during the first year. A required course that is failed must be repeated the next semester.

Up to 4 hours of Kinesiology activity courses, numbered 100-110 may be counted toward the 124 hours for the degree. The same section of a course may not be repeated for credit. Credit is limited to a maximum of 12 credit hours for 199 courses. Students may receive foreign language credit for courses only 2 levels below highest level taken in high school. For example: 4 years of high school French-no credit below FR 102.

Credit toward the 124 degree hours is not given for MATH 002 or MATH 112. Once the math requirement is completed, lower level math courses cannot be taken for credit. For military and naval science courses, only credit at the 300 level and above may be counted toward the degree.

Any course used to fill a specific degree requirement may not be taken on the credit-no credit grade option. Only free electives may be taken on the credit-no credit option. All finance and accountancy courses must be taken for a grade. It is recommended that all courses taken in the business administration area be taken for a grade.

University Composition Requirements

Composition I: Principles of Composition 14-7
Advanced Composition3

General Education Requirements

A minimum of six courses is required, as follows:18
Humanities & the Arts: Literature & the Arts (1-2 courses) 4
Humanities & the Arts: Historical & Philosophical Perspectives (1-2 courses) 4
Natural Sciences & Technology: Physical Sciences (0-2 courses) 5
Natural Sciences & Technology: Life Sciences (0-2 courses) 5
Behavioral Sciences (1 course)
Cultural Studies: Non-Western/U.S. Minorities Cultures (1 course)
Cultural Studies: Western/Comparative Cultures (1 course)

Non-Primary Language Requirement

Completion of the fourth semester or equivalent of a non-primary language is required. Completion of four years of a single language in high school satisfies this requirement. A student may also meet this requirement by completing two non-primary languages to the third level.0-12

 Business Core Requirements

ACCY 201
ACCY 202
Accounting and Accountancy I
and Accounting and Accountancy II
6
BADM 300The Legal Environment of Bus3
BADM 310Mgmt and Organizational Beh 23
BADM 320Principles of Marketing3
BADM 449Business Policy and Strategy3
CS 105Intro Computing: Non-Tech3
ECON 102
ECON 103
Microeconomic Principles
and Macroeconomic Principles
6
ECON 202
ECON 203
Economic Statistics I
and Economic Statistics II
6
ECON 302Inter Microeconomic Theory3
FIN 221Corporate Finance3
MATH 125
MATH 234
Elementary Linear Algebra
and Calculus for Business I 3
7
CMN 101Public Speaking3
Total Hours49
Courses to yield this total15-38
Elective course work0-32
Minimum total hours for the degree124
1

For a list of the specific courses that meet this requirement, see the college Office of Undergraduate Affairs in 1055 Business Instructional Facility or see the Course Explorer for a list of approved general education courses.

2

This course includes limited voluntary participation as a subject in experiments.

3

MATH 220/MATH 221 and MATH 231, or MATH 220/MATH 221 and MATH 125 may be substituted for MATH 125 and MATH 234. (See college mathematics requirement above.)

4

Three courses in the Humanities & the Arts area are required and students must complete at least one course in the Literature & the Arts and Historical & Perspectives subcategories. At least one of the courses must be a 200 or higher level course.

5

Two courses in the Natural Sciences & Technology area are required. It is strongly recommended that students complete on course in the Physical Sciences and Life Sciences subcategories.

Sample Schedule

First Year
First SemesterHours
BUS 101Business Prof Responsibility2
ECON 102 or 103Microeconomic Principles3
MATH 125Elementary Linear Algebra3
CMN 101 (or Composition I)Public Speaking3-4
CS 105 ( or General Education or Language other than English requirement)Intro Computing: Non-Tech3-5
 Semester Hours14-17
Second Semester
ECON 102 or 103Microeconomic Principles3
MATH 234Calculus for Business I4
CMN 101 (or Composition I)Public Speaking3-4
CS 105 (or General Education or Language other than English requirement)Intro Computing: Non-Tech3-5
 Semester Hours13-16
Second Year
First Semester
ACCY 201Accounting and Accountancy I3
ECON 202Economic Statistics I3
ECON 302Inter Microeconomic Theory3
BADM 310Mgmt and Organizational Beh3
General Education, Elective, or Language other than English requirement3-4
 Semester Hours15-16
Second Semester
ACCY 202Accounting and Accountancy II3
ECON 203Economic Statistics II3
FIN 221Corporate Finance3
BADM 320Principles of Marketing3
General Education, Electives, or Language other than English3-4
 Semester Hours15-16
 Total Hours: 57-65