Nov 23, 2024  
2015-2016 Undergraduate Catalog 
    
2015-2016 Undergraduate Catalog [ARCHIVED CATALOG]

BSBA, Finance Specialization


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Advisors:
Bo Han, MS
Thomas Tenerilli, PhD
Fang Wang, PhD
Michael Young, PhD

Finance builds on the business core and focuses on decision making in three interrelated areas: managerial finance, investments, and financial markets and institutions. The business core and finance specialization courses provide academic preparation for a wide variety of entry-level positions in managerial finance and the financial services industry.

College of Business Admission Requirements


Admission Requirements
Admission requirements to major programs within the College of Business are identical regardless of the location of the program. Students must first be accepted by the university and, if applicable, the university center which they plan to attend. Then, students must formally apply to the College of Business and be admitted to a College of Business Program prior to enrolling in 300- and 400-level courses within the college.

Students must attend a College of Business major orientation to be fully admitted to our majors. Applications are only accepted at new student orientations. The application form must be completed and returned to the appropriate office along with copies of current transcripts.

If a student has met the requirements of admission but has struggled to do so, the College of Business reserves the right to offer conditional admission status for up to 2 quarters and/or 30 credits in order for the student to demonstrate she/he will be successful. Final admission to the College of Business under these circumstances is not guaranteed.

Students must have the below requirements to be admitted  to a College of Business major. Students seeking entry to the College without these requirements will be granted pre-major standing.

  • Completion of 30 credits (If a student is a transfer student, credits must be transferable)
  • The applicant must be in good academic standing
  • 2.25 Collegiate GPA
  • Completion of ENG 101 and ENG 102 with a C- or higher, or equivalent
  • Attend a College of Business Orientation

International students whose native language is not English must meet one of the following English proficiency requirements:

  • A score of 71 or above on the Internet-based TOEFL or 525 or above on the paper-based TOEFL (195 for computer based, 71 for internet based), OR
  • A score of 6.0 or above on the International English Language Testing System (IELTS) exam, OR
  • A 3.0 (B grade) or above in each two college-level English composition courses from an accredited United States college or university. Contact the Office of Admissions to find out what courses are acceptable.

Students who have met all of the above requirements will be admitted unless the number of applicants exceeds available space. In that case, acceptance will be competitive, based on a selection index.

Previous or Transfer Coursework Policy
Business courses taken to fulfill the requirements for an undergraduate or graduate degree from the CWU College of Business must have been taken within the last 10 years at the time of graduation. Exceptions may be made, but must be approved prior to acceptance into the College of Business by the department chair and dean or designee.

Students wishing to have credits from non-United States institutions considered for transfer into the College of Business for any major or minor must have their transcripts evaluated through outside credential evaluators who are members of the National Association of Credential Evaluation Services (NACES), such as the Foundation for International Services (FIS), the World Education Service (WES), or Educational Perspectives. Students who intend to pursue the CPA may instead decide to use the NABSA (National Association of State Boards of Accountancy) international evaluation services since it is a requirement of the CPA. Credits for current students participating in a CWU study abroad program will be evaluated by the Office of the Registrar.

Equivalent lower-division (100-200 level) courses may be transferred toward meeting the foundation course requirements for any BS degree in the college. Upper-division (300-400 level) courses may be transferred toward meeting the major requirements only with the approval of the department chair and the college dean (or designee).

Academic Jeopardy Policy
The College of Business is committed to the success of its students. If a student that has been admitted to the College of Business is deemed to be in academic jeopardy, the College of Business may place restrictions on the student. A student is considered in academic jeopardy for the following reasons:

  • On academic warning or probation
  • Frequently withdraws from class
  • Repeating coursework to be successful
  • Has less that a 2.5  (2.499 and below) in any of the required GPAs for graduation.
    • CWU GPA
    • Collegiate GPA (CWU and all transfer coursework combined)
    • Major GPA
    • Upper-division coursework in the major GPA
    • Accounting majors: upper-division Accounting coursework GPA

The College of Business may do the following in response to an Academic Jeopardy situation:

  • Limit College of Business coursework in future quarters
  • Require academic advising with both faculty and/or professional advisors
  • Require academic success plans
  • Double majors or double specialization students may be limited to one major plan in the College of Business

If a student is unable to improve academically while receiving intensive advising and support or does not actively participate in required advising, the student may be subjected to the College of Business Separation Policy.

Separation Policy
If a student that has been admitted to the College of Business is placed on academic probation, suspension, received multiple academic warnings, has repeat academic course withdrawals, or whose academic performance is below the necessary grade point averages required to graduate, then the student’s admission into the College of Business may be rescinded. Once rescinded, the student will be denied readmission to the College of Business for one year following which a written petition for readmission must be presented at least 30 days prior to the start of the quarter in which readmission is desired. The decision to readmit will be based on meeting current admission standards, analysis of the entire academic record, as well as any other sources of information deemed appropriate. Readmission is not guaranteed.

Service to Other Majors
Students majoring in programs outside CB who are required to take courses in this college for either their major or minor will be eligible to enroll on a space-available basis. These students will be given priority over other non-college majors wishing to enroll in courses. All students must have taken prerequisites for courses prior to enrollment.

Repeat Policy
Business administration courses may be repeated only once.

Additional BSBA Graduation Requirements
The following special rules apply to students seeking the BSBA major:

  • Students must earn a minimum cumulative GPA of 2.25 in the 99-to 100- credit in-the-major coursework to be eligible for a degree. In addition, the Department requires a minimum GPA of 2.25 in the 59- to 60-credit upper-division component of the in-the-major total.
  • Transfer students must complete at least 40 College of Business credits at CWU to be eligible for the BSBA degree including MGT 489. Additionally, students seeking a human resource management specialization must complete HRM 486 at CWU and students seeking a marketing specialization must complete MKT 470 at CWU.
  • The BSBA program requires a single specialization of at least 25 credits. Occasionally a student requests a second specialization. To be eligible for a second specialization, a minimum of 20 unique credits must be completed. Unique in this sense means the credits have not been used as part of any other BSBA specialization.

College of Business Curriculum
The College of Business Curriculum is divided into 4 tiers: foundation courses, core courses, major/specialization courses, and capstone. Students completing foundation courses may enroll in core courses so long as course pre-requisites are met. All foundation courses must be complete with a minimum grade of C- and a collegiate gpa of 2.25 or higher prior to a student enrolling in major courses. Students completing foundations courses may enroll in major courses so long as course pre-requisites are met. In order to enroll in the capstone course, students must complete all core courses with a minimum grade of C- and have a collegiate gpa of 2.25 or higher. Core, major/specialization, and capstone courses all require admission to a College of Business major.

Finance Specialization Courses


Select a minimum of 10 credits from the following:


(with no more than 5 credits from ECON classes)

Total Specialization Credits: 25


College of Business Capstone


Capstone Total Credits: 5


Total Credits: 102-105


Finance and Supply Chain Management Department Information


College of Business
Ellensburg (E)
Shaw-Smyser Hall, room 413
CWU-Des Moines (D)
CWU-Lynnwood (L)
Mail Stop 7485
509-963-2032
Fax: 509-963-2875
www.cwu.edu/finance-supply
See website for how this program may be used for educational and career purposes.

Faculty and Staff
Chair
Carlo D. Smith, PhD (D)

Professors
Ozden Bayazit, PhD, supply chain management (L)

Associate Professors
Deepak Iyengar, PhD, supply chain management (E)
Seong-Jong Joo, PhD, supply chain management (D)
Ke Ke, PhD, supply chain management (D)
Yong Joo Lee, PhD, supply chain management (E)
Kun Liao, PhD, supply chain management (L)
Carlo Smith, PhD, supply chain management (D)
Thomas Tenerelli, PhD, finance (E)
Fang Wang, PhD, finance (L)
Michael Young, PhD, finance (E)

Staff
Shirley Hood, secretary senior 

Bachelor of Science in Business Administration Program
The Department of Finance and SCM and the Department of Management jointly support the bachelor of science in business administration-general business specialization and business minor. The department offers coursework leading to the bachelor of science in business administration (BSBA) degree. In addition to the university general education requirements, the BSBA major is comprised of three principal components:

  • Pre-admission courses that provide foundation knowledge and skills needed for further study in business
  • Business core courses that build on the pre-admission group and focus on decision making in the main functional areas of business
  • Specialization courses that allow for advanced study in one of the functional areas.

Students matriculating in Ellensburg select a 25-credit specialization within the BSBA program in one of six areas: finance, general business, human resource management, leadership and management, marketing management, or supply chain management. Students matriculating at a university center choose from general business, human resource management, leadership and management, marketing management or supply chain management.

Program Goals for BSBA
The departments have identified overall educational outcomes related to knowledge, values, and skills for all BSBA graduates. Following are the outcomes for the bachelor of science in business administration (BSBA) programs:

1.  Knowledge-based educational outcomes. Upon completion of the BSBA program, students should:

  • Have a working knowledge of business administration that will aid them in private, government, or non-profit careers and/or prepare them for additional study


2.  Values-based educational outcomes. Upon completion of the BSBA program, students should:

  • Comprehend ethical issues and be able to apply an ethical decision-making framework to business decisions


3.  Skills-based educational outcomes. Upon completion of the BSBA program, students should:

  • Function effectively when in teams both as a leader and as a member
  • Demonstrate effective oral communication skills
  • Demonstrate effective written communication skills
  • Apply quantitative and qualitative critical thinking skills to develop, access, and use information to analyze business problems and propose feasible solutions

Admission Requirements
Admission requirements to major programs within the College of Business are identical regardless of the location of the program. Students must first be accepted by the university and, if applicable, the university center which they plan to attend. Then, students must formally apply to the College of Business and be admitted to a College of Business Program prior to enrolling in 300- and 400-level courses within the college.

Students must attend a College of Business major orientation to be fully admitted to our majors. Applications are only accepted at new student orientations. The application form must be completed and returned to the appropriate office along with copies of current transcripts.

If a student has met the requirements of admission but has struggled to do so, the College of Business reserves the right to offer conditional admission status for up to 2 quarters and/or 30 credits in order for the student to demonstrate she/he will be successful. Final admission to the College of Business under these circumstances is not guaranteed.

Students must have the below requirements to be admitted  to a College of Business major. Students seeking entry to the College without these requirements will be granted pre-major standing.

  • Completion of 30 credits (If a student is a transfer student, credits must be transferable)
  • The applicant must be in good academic standing
  • 2.25 Collegiate GPA
  • Completion of ENG 101 and ENG 102 with a C- or higher, or equivalent
  • Attend a College of Business Orientation

International students whose native language is not English must meet one of the following English proficiency requirements:

  • A score of 71 or above on the Internet-based TOEFL or 525 or above on the paper-based TOEFL (195 for computer based, 71 for internet based), OR
  • A score of 6.0 or above on the International English Language Testing System (IELTS) exam, OR
  • A 3.0 (B grade) or above in each two college-level English composition courses from an accredited United States college or university. Contact the Office of Admissions to find out what courses are acceptable.

Students who have met all of the above requirements will be admitted unless the number of applicants exceeds available space. In that case, acceptance will be competitive, based on a selection index.

Previous or Transfer Coursework Policy
Business courses taken to fulfill the requirements for an undergraduate or graduate degree from the CWU College of Business must have been taken within the last 10 years at the time of graduation. Exceptions may be made, but must be approved prior to acceptance into the College of Business by the department chair and dean or designee.

Students wishing to have credits from non-United States institutions considered for transfer into the College of Business for any major or minor must have their transcripts evaluated through outside credential evaluators who are members of the National Association of Credential Evaluation Services (NACES), such as the Foundation for International Services (FIS), the World Education Service (WES), or Educational Perspectives. Students who intend to pursue the CPA may instead decide to use the NABSA (National Association of State Boards of Accountancy) international evaluation services since it is a requirement of the CPA. Credits for current students participating in a CWU study abroad program will be evaluated by the Office of the Registrar.

Equivalent lower-division (100-200 level) courses may be transferred toward meeting the foundation course requirements for any BS degree in the college. Upper-division (300-400 level) courses may be transferred toward meeting the major requirements only with the approval of the department chair and the college dean (or designee).

Academic Jeopardy Policy
The College of Business is committed to the success of its students. If a student that has been admitted to the College of Business is deemed to be in academic jeopardy, the College of Business may place restrictions on the student. A student is considered in academic jeopardy for the following reasons:

  • On academic warning or probation
  • Frequently withdraws from class
  • Repeating coursework to be successful
  • Has less that a 2.5  (2.499 and below) in any of the required GPAs for graduation.
    • CWU GPA
    • Collegiate GPA (CWU and all transfer coursework combined)
    • Major GPA
    • Upper-division coursework in the major GPA
    • Accounting majors: upper-division Accounting coursework GPA
       

The College of Business may do the following in response to an Academic Jeopardy situation:

  • Limit College of Business coursework in future quarters
  • Require academic advising with both faculty and/or professional advisors
  • Require academic success plans
  • Double majors or double specialization students may be limited to one major plan in the College of Business

If a student is unable to improve academically while receiving intensive advising and support or does not actively participate in required advising, the student may be subjected to the College of Business Separation Policy.

Repeat Policy
Business administration courses may be repeated only once.

College of Business Information


Administration and Organization

Dean
Kathryn Martell, PhD (Shaw-Smyser Hall, room 129)

Associate Dean
Jeffrey Stinson, PhD (Shaw-Smyser Hall,
room 126)
Mail Stop 7487
509-963-1955
Fax: 509-963-3042
www.cwu.edu/business

Vision
CWU’s College of Business will be recognized as a premier learning community creating an environment in which students, faculty, and staff reach their full potential.

Mission
CWU’s College of Business faculty and staff create value and opportunity for our students by focusing on quality in undergraduate education at the Ellensburg campus and university centers in the Puget Sound and central regions of Washington State. We accomplish this through emphasis on excellence in teaching, strengthened by faculty research and supported by professional service.

Our Shared Values
The faculty and staff of the CB share a set of core beliefs and commitments.

We believe in:
• Student success
• Lifelong learning
• Integrity and ethical behavior
• Excellence

We commit ourselves to:
• Prepare students for the future
• Impart knowledge on which students can build
• Treat everyone with respect and fairness
• Exemplify our values by serving as teachers and role models
• Maintain currency in our academic disciplines and professional fields
• Engage in scholarly activities that contribute to the body of knowledge in our disciplines

Statement of Conduct
The College of Business is a learning community committed to a set of core values based on integrity, respect, and responsibility that guide our interactions.

Integrity: The quality of possessing and steadfastly adhering to high moral principles or professional standards.

Respect: To show consideration or thoughtfulness in relation to others.

Responsibility: The state, fact, or position of being accountable and responsible.

Code of Honor
As College of Business students we pledge to uphold these standards of professionalism and conduct ourselves in accordance with them. We will not lie, cheat, or steal, and will not tolerate those who do. Our behavior defines who we are and what we will become.

Programs
The College of Business offers programs leading to the Bachelor of Science degree in the following areas:

• Bachelor of Science, Accounting

• Bachelor of Science, Business Administration with specializations in:

Finance
General Business
Human Resource Management
Leadership and Management
Marketing Management
Supply Chain Management

• Bachelor of Science, Economics with specializations in:

Economic and Business Forecasting
General Economics
Managerial Economics
 

The College of Business offers minors in:

Accounting
Business Administration
Finance
Human Resource Management
Sport Business

The College of Business offers certificate programs in:

Accounting
Sport Business
Supply Chain Management

The college also offers a Master of Professional Accountancy degree through the graduate school. Students may take their junior and senior years of the accounting and business administration programs at two Puget sound-area centers: Lynnwood and Des Moines.

Admission Requirements
Admission requirements to major programs within the College of Business are identical regardless of the location of the program. Students must first be accepted by the university and, if applicable, the university center which they plan to attend. Then, students must formally apply to the College of Business and be admitted to a College of Business Program prior to enrolling in 300- and 400-level courses within the college.

Students must attend a College of Business major orientation to be fully admitted to our majors. Applications are only accepted at new student orientations. The application form must be completed and returned to the appropriate office along with copies of current transcripts.

If a student has met the requirements of admission but has struggled to do so, the College of Business reserves the right to offer conditional admission status for up to 2 quarters and/or 30 credits in order for the student to demonstrate she/he will be successful. Final admission to the College of Business under these circumstances is not guaranteed.

Students must have the below requirements to be admitted to a College of Business major. Students seeking entry to the College without these requirements will be granted pre-major standing.

  • Completion of 30 credits (If a student is a transfer student, credits must be transferable)
  • The applicant must be in good academic standing
  • 2.25 Collegiate GPA
  • Completion of ENG 101 and ENG 102 with a C- or higher, or equivalent
  • Attend a College of Business Orientation

International students whose native language is not English must meet one of the following English proficiency requirements:

  • A score of 71 or above on the Internet-based TOEFL or 525 or above on the paper-based TOEFL (195 for computer based, 71 for internet based), OR
  • A score of 6.0 or above on the International English Language Testing System (IELTS) exam, OR
  • A 3.0 (B grade) or above in each two college-level English composition courses from an accredited United States college or university. Contact the Office of Admissions to find out what courses are acceptable.

Students who have met all of the above requirements will be admitted unless the number of applicants exceeds available space. In that case, acceptance will be competitive, based on a selection index.

Previous or Transfer Coursework Policy
Business courses taken to fulfill the requirements for an undergraduate or graduate degree from the CWU College of Business must have been taken within the last 10 years at the time of graduation. Exceptions may be made, but must be approved prior to acceptance into the College of Business by the department chair and dean or designee.

Students wishing to have credits from non-United States institutions considered for transfer into the College of Business for any major or minor must have their transcripts evaluated through outside credential evaluators who are members of the National Association of Credential Evaluation Services (NACES), such as the Foundation for International Services (FIS), the World Education Service (WES), or Educational Perspectives. Students who intend to pursue the CPA may instead decide to use the NABSA (National Association of State Boards of Accountancy) international evaluation services since it is a requirement of the CPA. Credits for current students participating in a CWU study abroad program will be evaluated by the Office of the Registrar.

Equivalent lower-division (100-200 level) courses may be transferred toward meeting the foundation course requirements for any BS degree in the college. Upper-division (300-400 level) courses may be transferred toward meeting the major requirements only with the approval of the department chair and the college dean (or designee).

Academic Jeopardy Policy
The College of Business is committed to the success of its students. If a student that has been admitted to the College of Business is deemed to be in academic jeopardy, the College of Business may place restrictions on the student. A student is considered in academic jeopardy for the following reasons:

  • On academic warning or probation
  • Frequently withdraws from class
  • Repeating coursework to be successful
  • Has less that a 2.5 (2.499 and below) in any of the required GPAs for graduation.
    • CWU GPA
    • Collegiate GPA (CWU and all transfer coursework combined)
    • Major GPA
    • Upper-division coursework in the major GPA
    • Accounting majors: upper-division Accounting coursework GPA
       

The College of Business may do the following in response to an Academic Jeopardy situation:

  • Limit College of Business coursework in future quarters
  • Require academic advising with both faculty and/or professional advisors
  • Require academic success plans
  • Double majors or double specialization students may be limited to one major plan in the College of Business

If a student is unable to improve academically while receiving intensive advising and support or does not actively participate in required advising, the student may be subjected to the College of Business Separation Policy.

Separation Policy
If a student that has been admitted to the College of Business is placed on academic probation, suspension, received multiple academic warnings, has repeat academic course withdrawals, or whose academic performance is below the necessary grade point averages required to graduate, then the student’s admission into the College of Business may be rescinded. Once rescinded, the student will be denied readmission to the College of Business for one year following which a written petition for readmission must be presented at least 30 days prior to the start of the quarter in which readmission is desired. The decision to readmit will be based on meeting current admission standards, analysis of the entire academic record, as well as any other sources of information deemed appropriate. Readmission is not guaranteed.

Service to Other Majors
Students majoring in programs outside CB who are required to take courses in this college for either their major or minor will be eligible to enroll on a space-available basis. These students will be given priority over other non-college majors wishing to enroll in courses. All students must have taken prerequisites for courses prior to enrollment.

Departments and Programs
Accounting: Marvin Bouillon (Shaw-Smyser Hall, room 340)
Economics: Carlo Smith (Des Moines Center, room 373)
Finance and SCM: Carlo Smith (Des Moines Center, room 373)
Management: Wendy Cook (Des Moines Center, room 370)

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