2021-2022 University of Wyoming Catalog [ARCHIVED CATALOG]
College of Business
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310 Business Building
Website: http://business.uwyo.edu
Rob Godby, Interim Dean
Phone: (307)766-4194 FAX: (307)766-4028
Peter M. and Paula Green Johnson Student Success Center (307) 766-8249
The College of Business prepares students for careers by providing quality education in business disciplines, creating and disseminating knowledge, and assisting in Wyoming’s economic development. The College of Business expects the highest level of integrity from our administration, faculty, staff, students, and alumni.
The College of Business grew from roots established in 1899 when the UW School of Commerce was founded. While the programs offered have changed over the years, the college remains firmly committed to academic excellence and positive student experiences.
The college has three academic departments: accounting and finance; economics; and management and marketing. The college also houses the College of Business Peter M. and Paula Green Johnson Student Success Center which is instrumental in maintaining the college’s link with the business world.
These units are committed to preparing all College of Business students to enter our rapidly-changing world. Successful graduates are fully prepared to compete in their chosen professions or in graduate school. More importantly, they are well-educated individuals prepared to live fulfilling lives, and to meet the challenges presented by the complex ethical, moral and cultural contexts of our times.
College of Business Learning Outcomes
The College of Business expects that its graduates:
- Will be competent in their field of study
- Will be effective problem solvers
- Will be ethical
- Will be professional
- Will be effective communicators
AACSB Accreditation
The business degree programs offered by the College of Business are accredited by AACSB-International. AACSB standards ensure that College of Business students are provided comprehensive, high-quality, well-rounded degree programs. The “Common Body of Knowledge” and the “Advanced Business Standing” (ABS) as described on the following pages have been developed to meet the AACSB accreditation standards.
Per accreditation guidelines, non-College of Business majors are limited to 30 hours of business courses.
A minimum of 50% of COB courses required for the major must be taken from the degree-awarding institution.
Programs of Study
Undergraduate Degrees
BSB - Bachelors of Science in Business
BSE - Bachelors of Science in Economics
The Majors are as follows:
The Minors are as follows:
Graduate Degrees
Master of Science
Accounting, M.S.
Economics, M.S.
Finance, M.S.
Business Administration, M.B.A.
Business Administration, Online, M.B.A.
Doctor of Philosophy
Economics, Ph.D.
Marketing, Ph.D.
Student Services
Academic Advising
All College of Business undergraduate students are advised by professional academic advisers in the College of Business Peter M. and Paula Green Johnson Student Success Center. Advising can be reached by e-mail (success@uwyo.edu) or by phone (307-766-8249).
Career Services
The Career Services unit connects students and employers in ways that lead to meaningful experiences and job opportunities. Business students are encouraged to explore career options and grow their career readiness by completing the Pokes Professionalism Badge and engaging in multiple internships. Students also have the option to apply for local, national, and international internships starting their first year and may be able to receive credit for their work. Networking with employers is highly encouraged and offered through a series of fairs, events, and in-class projects. One-on-one assistance and workshops are also available to students for things such as: internship or job searching; resume creation, review, or targeting; and career coaching or counseling. Individual appointments may be scheduled by email (success@uwyo.edu) or by phone, (307) 766-8249.
Student Responsibilities
College of Business students are responsible for knowing and meeting requirements for graduation. In addition to degree requirements, all College of Business students must complete the advanced business standing requirements prior to enrollment in most upper-division (3000/4000-level) College of Business courses (see Advanced Business Standing (ABS) Prerequisites section).
All students must have already completed any prerequisites listed (in addition to ABS for COB students), including having the appropriate class standing. Class standing means for a 2000-level course, the student has earned a minimum of 30 hours; 3000-/4000- level courses, the student has earned a minimum of 60 hours. Students not meeting the prerequisites are identified and administratively dropped from those courses each semester.
Requirements for the Bachelor of Science Degree
Candidates for the Bachelor of Science degree in the College of Business must meet university, college, and departmental requirements. Degree candidates for the B.S. degree in the College of Business also must have a minimum 2.500 cumulative University of Wyoming (UW) grade point average and a 2.500 grade point average in College of Business courses at the time of graduation. In addition, economics majors also must hold a minimum 2.500 grade point average for all economics courses. College of Business degree candidates must earn a minimum of 120 semester hours depending on major including:
I. University Studies Requirements:
All first year students who enter the University of Wyoming (UW) and students who enter a Wyoming Community College (CC) are required to meet the USP 2015 requirements for graduation. Wyoming CC students transferring to UW with an Associate of Arts or Associate of Science degree will have course work evaluated per the General Education Articulation Agreement between the University of Wyoming and Wyoming Community Colleges. Non-resident transfer students and Wyoming CC transfer students without an associate’s degree will have course work evaluated on a course-by-course basis, based on all approved USP courses. Academic advisers will help students select the appropriate courses to satisfy university studies requirements. Some College of Business requirements also meet university studies requirements.
A. Basic skills (USP 2015) Hrs.
1. First-year seminar (FYS) Choose from list of approved courses………………………………..3
2. Writing
a. USP Communication 1 course ……….3
b. USP Communication 2 course- Mid-level communication or 2000-4000-level communication intensive course-Choose from list of approved courses……………………………….3
c. USP Communication 3 course- Upper-level communication or 3000-4000-level communication intensive course …………………………………3
3. Physical and Natural World (PN) (Two courses required-choose from list of approved courses)……………………………….6
4. Human Culture (H) (Two courses required-choose from list of approved courses)……………………………….6
5. U.S. and Wyoming Constitutions (V)…….3
6. Quantitative Reasoning (Q)……………………3
II. Electives
The number of hours of elective credit and upper-division (3000-/4000-level) credit varies by department. Economics majors will take 48-51 hours of free electives. A maximum of 6 credit hours each at the freshman/sophomore and junior/senior-level military science courses may be applied to degrees in the College of Business.
A. Non-Business electives Hrs
1. Non-Business electives. May include MATH 1400 ………………………………………..3-9
B. Free electives Hrs.
1. Free electives from any college. May require upper-division (3000/4000-level) courses …………………………………….18-24
Students may not take courses for S/U (satisfactory/unsatisfactory) credit to satisfy university studies or college requirements, course requirements in the major, or courses outside the college required by the major department curriculum.
III. Advanced Business Standing: (excludes Economics majors)
College of Business majors must satisfy the following advanced business prerequisites prior to enrolling in most upper-division (3000- /4000- level) College of Business courses:
1. Achieve junior standing by completing a minimum of 60 earned semester hours;
2. Complete 10 specific courses with a grade of C (not C-) or better in each. These ten courses are: ECON 1010 and 1020, USP Communication 1 and 2 courses, ACCT 2010 and 2020, IMGT 1400, MATH 2200 and 2205 or MATH 2350 and 2355 and STAT 2050 or 2070.
3. Achieve a cumulative UW institution grade point average or transfer grade point average of at least 2.500. Note: Transfer grades are not counted in the UW GPA (see UW Catalog http://www. uwyo.edu/registrar/university_catalog/ grade.html for additional information). Transfer students who have not attended the University of Wyoming, and therefore do not have an established UW institutional/cumulative GPA, and who have completed the required ten (10) courses with a C or better, have 60 earned credit hours, and have a 2.500 cumulative TRANSFER GPA will be awarded ABS.
IV. Common Body of Knowledge: (excludes Economics majors)
College of Business majors take a common set of courses that expose them to the basic concepts, processes and technical skills necessary to complete a well-rounded high quality business education. The common body of knowledge includes FIN 3250, MGT 1040, DSCI 3210, IMGT 1400, MGT 3210, 4800, MKT 3210, ECON 1010, ECON 1020, ACCT 2010, and ACCT 2020. Grades of C (not C-) or above required.
V. Minimum requirements:
Achieve a cumulative College of Business and UW institution grade point average of at least 2.500. Complete 50% of the business credit hours from UW. Earn grades of C (not C-) or above in common body of knowledge and major specific core courses. Earn a passing score on the Senior Exit Exam required for all College of Business majors.
Requirements for Non-College of Business Majors
Students in non-College of Business majors who wish to enroll in College of Business upper-division courses need not meet the advanced business standing prerequisites. However, they are required to meet individual course prerequisites listed in the University Catalog, including class standing. This means for 2000-level courses, they must have earned a minimum of 30 hours. For 3000-4000-level courses, they must have earned a minimum of 60 hours.
Acceptance of Transfer Credit
The College of Business complies with UW policies regarding transfer credit discussed in the front section of this bulletin. The college has special course transfer arrangements with Wyoming community colleges that allow some courses taken at community colleges at the lower-division (freshman-sophomore) level to transfer for upper-division (junior) credit. Wyoming community college transfer students should contact the GJSSC for details.
Students transferring from other AACSB accredited colleges and universities will have their courses reviewed for transfer on a course-by-course basis.
The College of Business does not accept transfer credits for COB courses with equivalents at UW when the grade earned was less than a C.
Students must have an established 2.500 UW grade point average to transfer into the College of Business from across campus.
Where appropriate, College of Business course equivalency will be granted for transfer courses at the 3000 and 4000 level if such coursework was completed at an AACSB or EQUIS institution only. Any coursework completed at an institution that does not meet that qualfication will not be considered for upper division equivalency.”
The UW College of Business is AACSB accredited and therefore follows AACSB’s current guidelines* to maintain accreditation.
The primary goal of this transfer policy is to ensure coursework accepted from other institutions is comparable to coursework required by our college’s degree programs and ensure that the majority of learning is completed at the institution awarding the degree while simultaneously allowing measured flexibility in acceptance of transfer credits as allowed by AACSB accreditation in support of student progress and degree completion.** For example, at the time of this policy’s creation, the number of business credit hours for the College of Business’s undergraduate majors is 54 credit hours (this includes the business common body of knowledge courses).
Therefore, to align with AACSB standards, a minimum of 27 credit hours of business coursework in the major must be earned in residence at the University of Wyoming. In addition to the transfer policies defined in the University of Wyoming catalog, the College of Business has established the following policies in support of AACSB Standards governing the transfer of credit for equivalent business courses. Courses will be considered for transfer according to the following additional criteria:
Students may transfer up to eighteen (18) lower division (1000/2000 level) business credits to the Common Body of Knowledge.
Lower division courses from regionally accredited institutions will be evaluated for equivalency and approved by the UW Office of the Registrar on an annual basis.
Students may transfer up to nine (9) upper division (3000/4000 level) business credits according to the following guidelines:
Courses from AACSB/EQUIS accredited institutions will be evaluated for equivalency and approved by the College of Business.
Courses from regionally accredited, non-AACSB/EQUIS institutions will be accepted as upper division elective credit in accordance with the transfer policies defined in the University of Wyoming catalog.
The College of Business has collaborative provisions (detailed in separate articulation agreements) that allow students from Wyoming’s community colleges to transfer up to 9 credit hours of 3000-level coursework that has been evaluated by the College of Business. These 3000-level courses will be evaluated annually for equivalency***.
* A requirement of the accreditation process (as reflected in Standard 6 of the 2020 Business Standards) is for accredited colleges to have clear policies regarding transfer coursework.
** As noted by AACSB: “transfer credit related to business disciplines is normally limited to no more than half of the program requirements” (2020 AACSB Standards, p. 13).
*** The 3 courses (9 credits) of 3000-level coursework will generally include: FIN 3250, MGT 3210, and/or MKT 3210 in the Common Body of Knowledge. Per college-specific articulation agreements, students may be able to use the following transfer courses: ACCT 3070, ACCT 3230, ACCT 3240, ACCT 3430, or MGT 3110.
Accounting and Management of Human Resources Online Programs
The College of Business offers students an accounting degree and a management of human resources degree accredited by AACSB International and delivered through distance education. The program is designed to help students maximize their flexibility in the business world and is delivered entirely online.
The online Accounting and Management of Human Resources degrees are completion programs designed to allow students with a particular set of courses and requirements to complete the remainder of their bachelors degree online at the University of Wyoming. Both online degrees require students to have completed Advanced Business Standing (ABS) prerequisite coursework, which can be taken from an accredited Wyoming community college, other university or on campus at UW, before completing upper division coursework from the University of Wyoming.
Students will be required to apply to UW, have a 2.500 cumulative grade point average, and advanced business standing before being considered for admission into the online accounting program or the online management of human resources program. Students must also attain a 2.500 GPA for graduation for both College of Business and UW courses, complete and submit an anticipated graduation date form, and must pass the Senior Exit Exam (BUSN 4990) to graduate.
To ensure you the availability of required courses in this program, enrollment into courses is managed and approved by the College of Business Peter M. and Paula Green Johnson Student Success Center.
College of Business Minors
Minors are available to on-campus students through the College of Business in the areas of banking and financial services, data analytics, economics, entrepreneurship (not available to College of Business majors), hospitality business management, leadership, international business, professional and technical selling, real estate. Minors requirements may often be met by simply focusing the elective credits available in a student’s major.
The minors program consists of course requirements of 15 hours of study. A minimum grade of C (not C-) must be earned in each course. Certification of a successful minor program completion occurs as part of the DegreeWorks progress report, and the Office of the Registrar notes the completion of the minor on student transcripts. Minors must be approved by the Peter M. and Paula Green Johnson Student Success Center.
Students must have a minimum 2.500 cumulative UW GPA. Students must maintain a cumulative 2.500 GPA in the required College of Business courses for the minor to be awarded. Non-College of Business students must meet the individual course prerequisites listed in the catalog, although they need not meet the advanced business standing requirements. A minimum of 50% of COB courses must be taken from the degree-awarding institution.
Cooperative Undergraduate Programs
The Concentration in Environment and Natural Resources
College of Business majors may earn a cross major in Environment and Natural Resources (ENR) in cooperation with the UW School of Environment and Natural Resources. The appropriate use of natural resources and awareness of environmental consequences of decisions have become major issues for business. Exposure to ideas, skills and sensibilities in these areas is critical to future business people. Students majoring in economics may elect an environment and natural resources concentration in which an economics approach to problem solving is stressed. For more information call the ENR office at (307) 766-5089.
Graduate Study
The College of Business is comprised of three academic departments: accounting and finance, economics, and management and marketing. The faculty of these departments cooperate in the presentation of graduate work leading to the following degrees:
Master of Business Administration
Master of Science in Accounting
Master of Science in Economics
Master of Science in Finance
Doctor of Philosophy in Economics
Doctor of Philosophy in Marketing
The College of Business faculty is firmly committed to the excellence of its graduate programs. The graduate programs in the College of Business are accredited by AACSB International. The three academic departments coordinate course offerings to support all of the graduate degree programs; the M.B.A. program in particular is a college-wide effort.
Cooperative Graduate Programs
The Concentration in Environment and Natural Resources
College of Business graduate students may earn an interdisciplinary minor in environment and natural resources (ENR) in cooperation with the UW School of Environment and Natural Resources. The appropriate use of natural resources and awareness of environmental consequences of decisions have become major issues for all areas of business and economics. The School of Environment and Natural Resources is designed to move beyond the strictly disciplinary design and management of their long-term solutions. The school seeks to attract outstanding graduate students from a variety of disciplines, who are eager to pursue careers that engage other professionals, policymakers, and the public in finding innovative ways to resolve complex environmental and natural resource issues. To pursue a minor in ENR, students must first be admitted to another master’s or doctoral degree program offered at the University of Wyoming. For more information call the ENR office at (307) 766-5080.
Courses
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