Mar 18, 2024  
2012-2013 General Catalog 
    
2012-2013 General Catalog [ARCHIVED CATALOG]

E.J. Ourso College of Business


 

ELI JONES, E. J. Ourso Distinguished Professor of Business Administration and Dean

HELMUT SCHNEIDER, Ourso Family Distinguished Professor of Information Systems; Associate Dean of Research and Economic Development

EDWARD F. WATSON III, E. J. Ourso Professor of Business Analysis; Flores MBA Program Director and Associate Dean of Graduate Programs

RICHARD D. WHITE, JR., Marjory B. Ourso Center for Excellence in Teaching Professor; Associate Dean for Academic Programs

CHRISTOPHER E. DENSTEL, Assistant Dean for Financial Services

ASHLEY R. JUNEK, Assistant Dean for Academic Programs

3304 Patrick F. Taylor Hall
225-578-3211
FAX 225-578-5256

Undergraduate Programs

The E. J. Ourso College of Business is Louisiana’s premier public business school, committed to excellence in fostering learning and pursuing discovery in an intellectually diverse, global business environment. It serves its constituents in the following ways:

  • Making significant contributions to the advancement of knowledge in related business disciplines;
  • Delivering high quality degree programs that produce graduates who will excel in their respective fields of business;
  • Providing programs that strengthen the business skill sets of firms and institutions;
  • Making valuable contributions to the practice of business in related business disciplines; and
  • Engaging in other academic or applied programs and activities that advance business development in the State of Louisiana, the nation, and worldwide.

The E. J. Ourso College of Business offers specialized professional training in several areas of business in addition to a program of general business. All undergraduate degrees in the E. J. Ourso College of Business are Bachelor of Science degrees. The following programs are offered by the E. J. Ourso College of Business:

  • Accounting
  • Economics
  • International Trade & Finance
  • Finance
  • Information Systems & Decision Sciences
  • Management
  • Marketing
  • General Business

Each curriculum is constructed to ensure that students receive a broad general education and a sound foundation in the basic areas of business knowledge. At the same time, students may obtain limited specialization in a particular area of business. The objective of the college is to provide training in the functional fields of business administration so students will be qualified to hold positions of leadership, trust, and responsibility in business and industry.

The E. J. Ourso College of Business is a member school of the Association to Advance Collegiate Schools of Business (AACSB). Its undergraduate programs have been accredited continuously by the AACSB since 1931.

Graduate Programs

Master’s and doctoral degrees are offered through the Graduate School by the various departments within the college. In addition, the following specialized master’s degrees are offered. For information about these degrees consult the Graduate School • Professional Programs section.

James C. & Cherie H. Flores Master of Business Administration Program

The combination of a general or a technical undergraduate education with a graduate-level Master of Business Administration degree is a widely recognized avenue to opportunity and success in the business world. To this end, the college offers an MBA program for students who aspire to management careers in business and industry. The program is open to those who hold degrees in humanities and social sciences or specialized fields such as engineering, geology, chemistry, physics, or agriculture, as well as to students with undergraduate degrees in business.

Master of Public Administration

The Master of Public Administration is a professional program for students interested in public management and/or public policy issues. The MPA program provides students with the management and financial skills to work in public agencies, non-profit organizations, private consulting and research organizations, and private companies in governmental relations. This program is administered by the Public Administration Institute. MPA students take 33 credit hours of core courses and nine credit hours in an area of specialization.

Undergraduate Admission Requirements

Students in good standing may apply for admission to the E. J. Ourso College of Business. Students transferring from another institution must also meet university transfer admission requirements. Admission is competitive and will be granted on a space-available basis. Application forms are available at the dean’s office or online (www.business.lsu.edu). Students who are denied admission may reapply for admission in a subsequent semester.

Students are eligible to apply for admission to the E. J. Ourso College of Business once they have successfully completed the following requirements:

  • Complete a minimum of 30 hours of university course work.
  • Complete the Pre-Business Core classes (ENGL 1001 , MATH 1021  and MATH 1431 , ECON 2000 , ISDS 1102 , and ACCT 2001 ) with a “C” or better. Students who place or test out of any of the Pre-Business Core classes will be given credit for successfully completing those classes.

Students majoring in accounting, finance, management, or marketing must meet the following GPA requirements at the time of their application for admission into the major:

  • A minimum 3.0 cumulative GPA
  • A minimum 2.5 LSU GPA
  • A minimum 2.5 business GPA
  • A minimum 2.5 LSU business GPA

Students majoring in economics, general business, international trade & finance, or information systems and decision sciences must meet the following GPA requirements at the time of their application for admission in to the major:

  • A minimum 2.0 cumulative GPA
  • A minimum 2.0 cumulative LSU GPA
  • A minimum 2.0 business GPA
  • A minimum 2.0 LSU business GPA

Maintenance Requirements

Continued enrollment in the E. J. Ourso College of Business is dependent upon satisfying the following requirements:

  • Maintain a cumulative GPA of 2.0 on all university course work.
  • Maintain a minimum LSU cumulative GPA of 2.0 on all LSU system course work.
  • Maintain a minimum 2.0 business GPA.
  • Maintain a minimum 2.0 LSU business GPA.
  • Maintain satisfactory academic progress towards the completion of the degree.

College Probation

A student will be placed on college probation and will be required to meet with an academic advisor in the dean’s office for the following reasons:

  • The student’s cumulative GPA falls below a 2.0 at the end of any academic semester.
  • The student’s LSU GPA falls below a 2.0 at the end of any academic semester.
  • The student’s business GPA falls below a 2.0 at the end of any academic semester.
  • The student’s LSU business GPA falls below a 2.0 at the end of any academic semester.
  • The student fails to make satisfactory academic progress towards the completion of the degree.

A minimum 12-hour load is expected in the probationary semester. Students on college probation will have a college hold placed on their registration which will require them to schedule an appointment with a college academic advisor to register for classes for the next semester. The registration flag will be automatically removed after the student is taken off college probation. Students will be dropped from the college if they are not removed from college probation after one probationary semester.

Removal from the College

Students will be dropped from the E. J. Ourso College of Business for the following reasons:

  • Students placed on college probation and who fail to improve their GPA to the minimum maintenance standard after one probationary semester. Minimum maintenance standards are a 2.0 cumulative GPA, a 2.0 LSU GPA, a 2.0 business GPA, and a 2.0 LSU business GPA.
  • Students placed on college probation for failure to make satisfactory academic progress and who fail to make satisfactory academic progress during the probationary semester.

Readmission to the College

Students, who have been dropped from the E. J. Ourso College of Business for any reason, may reapply for admission to the college. Students who were not registered at LSU for the preceding regular semester must also file a formal application for readmission. All students applying for readmission will be subject to the admission requirements at the time of the readmission. Readmission to the
E. J. Ourso College of Business is not automatic. Students seeking readmission are encouraged to schedule an appointment with a college academic advisor.

Degree Requirements of the College

The degree of Bachelor of Science will be conferred on E. J. Ourso College of Business students who complete one of the approved curricula with a 2.0 or better grade point average on all work taken and a 2.0 or better GPA on all business courses. The requirements above apply both to the total course work taken and to LSU course work.

A 2.0 or better grade point average is required in all accounting course work in order to graduate with a major in accounting. This requirement applies both to the total accounting course work taken and to LSU accounting course work.

Twenty-four of the last 30 hours taken toward the degree must be earned in residence as a registrant in the E.J. Ourso College of Business at LSU. The University requires that all candidates for the bachelor’s degree must fulfill a minimum residence requirement of at least 25 percent of the total number of hours required for the degree at this university.

The AACSB Standards for Accreditation state that “the school should require that at least 50 percent of the business credit hours required for the business degree be earned at the degree-awarding institution.”

The student must complete a minimum of 120 semester hours in accordance with the following regulations.

Academic Work: 120 Semester Hours

All 3000/4000 level business courses, except ACCT 3001 , ISDS 3115 , MGT 3200 , and MKT 3401  are restricted to students who have completed 60 hours of college-level course work. Many 3000/4000 level business courses have prerequisite requirements. Students are responsible for ensuring they have completed the necessary course prerequisites as stated in the most recent catalog prior to registration for a course.

All business majors must complete six hours of Oral and Written Communication courses. See “Departments and Curricula” for more details.

General Education Requirements for a Degree in Business

  • English Composition (6 hours)ENGL 1001  with a grade of “C” or better; and ENGL 2000  with a grade of “C” or better
  • Analytic Reasoning (6 hours)MATH 1021  and MATH 1431  with a grade of “C” or better; MATH 1023  may be substituted for MATH 1021 . MATH 1550  or MATH 1551  may be substituted for MATH 1431 . Students should refer to their chosen curriculum to determine the specific mathematics requirements. No student may receive more than nine semester hours of mathematics courses numbered below 1550.
  • Natural Sciences (9 hours)–Students must take three General Education Natural Science courses, two of which must be in a two semester sequence from the approved list of General Education Natural Science courses. A minimum of six hours must be in a physical or a life science course sequence and the remaining hours must be in an area other than that previously selected (i.e., both physical and life sciences must be taken). See those courses listed as General Education Natural Science  courses in the catalog.
  • Arts (3 hours)–See those courses listed as General Education Arts courses  in the catalog.
  • Humanities (9 hours)–See those courses listed as General Education Humanities  courses in the catalog.
  • Social Sciences (6 hours)ECON 2000  with a grade of “C” or better and ECON 2010 .

Electives

Students may choose any degree credit courses offered by the University consistent with their specific degree requirements. However, no more than six hours may be selected from kinesiology activity courses, band, chorus, or music skills courses. Up to six semester hours in ROTC may be used as electives in all business curricula.

Transfer of Credit from Other Institutions

In the E. J. Ourso College of Business, transfer credits accepted by the Office of Undergraduate Admissions shall be valid for degree credit only to the extent to which they represent courses acceptable in the curricula of the college. The extent to which credit earned in other colleges and universities is accepted toward fulfilling degree requirements is determined by the office of the dean.

Transfer credit in which grades of “F” or “U” have been earned is not accepted toward fulfilling the degree requirements. For business courses, only transfer credit of a “C” or higher may be applied towards the degree. Students enrolled in this college who wish to obtain credits from other colleges or universities (including other campuses of the LSU System) and who plan to use such credits toward degree requirements should obtain prior approval in writing on a course-specific basis from the dean’s office.

Distance Program Credit

Students must have the permission of the dean of the college prior to scheduling Distance Program course work.

Students who are taking classroom courses at the University may not take Distance Program courses. Students not enrolled in classroom courses during a given semester may be approved for Distance Program courses through the dean of the E. J. Ourso College of Business (3304 Patrick F. Taylor Hall) and may enroll at the Office of Independent & Distance Learning (1225 Pleasant Hall; 578-3171). Enrollment in Distance Program courses must be completed by the final date for adding courses for any semester, including summer term.

The deadline for completion of all Distance Program course work is the last day of final examinations for the semester during which the student is enrolled. Distance Program course work is restricted to non-business and non-departmental electives and up to six hours of General Education Arts and/or Humanities courses. No more than 12 semester hours of Distance Program credit may be applied toward the degree requirements of the college. A student must complete all Distance Program course work before registering to receive a degree and no degree may be awarded during a semester in which a student is enrolled in a Distance Program course.

Student Responsibility

Students in this college bear final responsibility for selection of their academic programs and adherence to all published regulations and requirements of the college and the University.

Graduation Requirements

Each student must see an advisor or counselor for a final degree checkout when there are approximately 30 hours remaining to complete the degree requirements. Students who complete degree requirements during spring intersession should plan to graduate in August and must inform the dean’s office of this intention. Such students should see a counselor and register in the summer for “degree only.” Students who complete degree requirements during winter intersession should plan to graduate in May and must inform the dean’s office of this intention. Such students should see a counselor and register in the spring semester for “degree only.” Students who complete degree requirements during summer intersession should plan to graduate in December and must inform the dean’s office of this intention. Such students should see a counselor and register in the fall semester for “degree only.”

Students who have completed courses at another college or university must have an official transcript covering this work on file in the Office of the University Registrar before registering for the degree.

Beta Gamma Sigma

Membership in Beta Gamma Sigma is one of the highest forms of recognition at the national level that a student can receive in an undergraduate or master’s program in business or management. To be eligible for membership, a student must rank in the upper 10 percent of the junior class (second semester), upper 10 percent of the senior class, upper 20 percent of the graduating master’s class, or must have completed all requirements to receive a doctorate. Transfer students must complete one full year as a full-time student at LSU to qualify for membership. Members are elected to membership and publicly recognized during the Spring Awards Ceremony.

Beta Gamma Sigma has three purposes: to encourage and reward scholarship, to promote advancement of education in business, and to foster integrity in the conduct of business operations.

Requirements for a Second Bachelor’s Degree

To receive a second bachelor’s degree from this college, students must:

  • reapply for and gain admission to the college;
  • complete two semesters in residence in the college;
  • meet all stated requirements for a BS degree in the college;
  • earn 30 additional hours of course work at the 3000 level or above, except when
    • the second degree program requires a 2000 level or below course, or
    • the course is in a language other than the student’s native language.

Minor Field Requirements

General Business majors are required to complete an official university minor. Students majoring in other business areas have the option to pursue a minor. Minors may be selected from any of the minors approved by the Faculty Senate Courses and Curricula Committee and the Office of Academic Affairs with the exception of the Business Administration Minor. Students in the E. J. Ourso College of Business must obtain permission from the Office of the Dean to pursue a minor.

The following are requirements for minor fields which are offered by the E. J. Ourso College of Business:

(See below)

Placement Service

The University maintains a professionally staffed placement service located on the first floor of Patrick Taylor Hall. Interviews are conducted throughout the year. The major concern of the placement office is to assist both students and alumni in finding positions consistent with their career objectives.

Department and Curricula

Programs

General Minor

General Business (Interdepartmental Program)

Go to information for General Business (Interdepartmental Program).

Programs

Major

Department of Accounting

Go to information for Department of Accounting.

Programs

Major

Department of Economics

Go to information for Department of Economics.

Programs

Major

Department of Finance

Go to information for Department of Finance.

Programs

Major

Minor

Department of Information Systems & Decision Sciences

Go to information for Department of Information Systems & Decision Sciences.

Programs

Major

Minor

William W. and Catherine M. Rucks Department of Management

Go to information for William W. and Catherine M. Rucks Department of Management.

Programs

Major

Minor

Department of Marketing

Go to information for Department of Marketing.

Programs

Major

Business Administration (Interdepartmental Program)

Public Administration Institute (Interdepartmental Program)

Go to information for Public Administration Institute (Interdepartmental Program).