College of Business

Main Content

The College of Business aims to prepare students to perform successfully in business and other organizations such as government and other not-for-profit organizations functioning within a changing social, economic, and political environment. Study provides the student with fundamental principles and practices of organizational behavior and allows the mastering of knowledge and skills for effective management. The curriculum provides a broad base for understanding business while simultaneously allowing in-depth study within an area of concentration and exposure to current information technology. Students find business, governmental units, and other public institutions desire the professional education they receive in the college. The advanced curriculum and related programs provide students not only with a meaningful education but also with a means of relating that education to organizations and commerce.

College of Business

Terry Clark, Dean

Departments: Finance; Management; Marketing

School: Accountancy

College of Business Website

The College of Business offers the following majors leading to the Bachelor of Science degree:

  • Accounting (online and residential delivery methods available)
  • Business and Administration (online program)
  • Business Economics
  • Finance
  • Management
  • Marketing

All programs offered in the College of Business are accredited by AACSB International, The Association to Advance Collegiate Schools of Business International, 777 South Harbour Island Boulevard, Suite 750, Tampa, FL, 33602-5730.

The College of Business offices are located in Henry J. Rehn Hall; and classes are conducted in various buildings throughout the campus.

Pre-College Preparation

High school and preparatory school students are urged to follow a program which includes at least four units of English and four units of mathematics, with a substantial portion of the remainder of their study programs devoted to such academic subject areas as humanities, the sciences, and social studies.

Transferred Credits in Business Courses

Subject to the policies of the University College and of AACSB International regarding acceptance of transferred credits, the college accepts college-level credit earned in business and economics courses from accredited two- or four-year institutions of higher education and counts such credit toward the 120 semester hours required for graduation. However, if such courses are offered at the lower division (freshman and sophomore level) at the institution where completed, only those courses shown below will be treated as equivalencies to college-or departmental-required courses.

Students may seek upper division transfer equivalency reviews. Courses being sought for transfer equivalencies are evaluated by the department chair and/or faculty of the subject area for individual articulations. Only courses from AACSB accredited institution will be accepted for upper division articulation.

Subject Hours
Principles of Accounting 6
Economic principles 6
Business economics statistics 3
Legal and social environment of business 3

Students also have the opportunity of validating additional coursework and nothing in the above statement abridges student’s right to satisfy graduation requirements by proficiency (or competency) examinations through the SIU Testing Center. Such examinations are treated as a student right by the college and are available for most courses.

Admission Policy

The College of Business admission policy shall be the same as that of the University. All qualified new students are admitted to the College of Business with a specific departmental major classification, undecided business, or as an unclassified student.

Reentering and Southern Illinois University Students. Students who are currently enrolled Carbondale or were previously enrolled at the University in a major outside the College of Business may request admission to a Business program. These students will be considered for admission to the College of Business provided that they are in good standing with the University. Students with academic issues may be required to participate in an academic support program as a condition of readmission. Students may be asked to submit additional information to the College for consideration for admission. All materials must be received at least one week in advance of the start of the semester to be considered.

Business and Administration online degree-completion program. The Bachelor of Science degree program with a major in Business and Administration(BNAD) is an online degree completion program intended for those students residing outside the Carbondale community or who have work and/or family commitments that make traditional campus attendance impractical. The following should be met for admission to this program:

Students enrolled in the online Business & Administration(BNAD) program are not allowed to concurrently take residential courses on campus that count toward this or another degree without Associate Dean approval. Students enrolled in a residential degree program at SIU are not allowed to take courses in the online Business & Administration program, except in the specific case in which a student’s graduation would be delayed because of a University-imposed time conflict between two required courses and when no other residential course option is available to fulfill that requirement – in these cases, chief advisor review and Associate Dean approval is required for all exceptions. Program courses are designated by940 section numbers.

Students enrolled in the online BNAD program can choose to switch enrollment from the online program to being fully enrolled in an on-campus degree program, assuming all requirements are met, but the student may only switch between programs once. Likewise, students enrolled in the residential on-campus degree program can switch to be fully enrolled in the online BNAD program, but may only switch between programs

once. A student who changes enrollment between the online BNAD degree program and a residential program once may not be allowed to return to their original degree program in the future semester. See degree for Admission information.

International Students. International students must meet admission requirements comparable to those of native students. While admission credentials such as ACT and class rank are generally not submitted by international students, applicants do submit credentials which reflect their achievement in some subject areas similar to those of the United States students. Beginning international freshmen as well as transfer students will have their applications and documents reviewed in a manner similar to domestic students for admission to the College of Business by the Center for International Education.

Grade Point Average Calculation. In calculating a student’s grade point average for admission purposes for continuing, new, and reentering students, the admission office will follow the SIU grading policy and procedures for all collegiate (not remedial) work attempted at SIU and other collegiate institutions.

Grade Point Average Requirement

Graduation from the College of Business requires achievement of a 2.0 grade point average in all business-prefix (ACCT, BUS, ECON, FIN, MGMT, MKTG) courses taken at Southern Illinois University Carbondale. ACCT 210, ECON 113 and302I, and MGMT 170 are not calculated into the business-prefix grade point average. In addition, students must earn a minimum grade of C in each of the courses taken to satisfy the requirements for their major (Accounting, Business and Administration, Business Economics, Finance, Management, or Marketing), and students must earn a minimum 2.0 grade point average for those major courses. Students may re-enrolling a 100 or 200 level business course pursuant to the University course repeat policy. All 300 and 400 level business courses maybe repeated for a grade only once without department approval. A minor from the College of Business requires students to earn a minimum grade of C in each of the courses taken to satisfy the requirements for their minor, and students must earn a minimum 2.0 grade point average for those minor courses. At least 9 hours of minor courses should be taken at SIU.

Pass/Fail Policy of the College

Business majors may not register on a Pass/Fail basis for courses used to satisfy requirements in the College of Business unless the course is designated Mandatory Pass/Fail. Exception to this policy is based on extenuating circumstances as approved by the Dean.

Course Sequencing

It is of the utmost importance that required courses be sequenced properly. Sequencing guides are available from the college’s academic advisement center and are published in the College of Business’ Student Handbook. Courses on the 300 to400 levels are restricted to juniors and seniors.

The Capstone Option for Transfer Students

The Capstone Option is available to students who have earned 

an Associate in Applied Science (AAS) in an approved business area degree and who have a cumulative 2.0/4.0 GPA on all accredited coursework prior to the completion of the AAS, as calculated by SIU. The Capstone Option reduces the University Core Curriculum requirements from 41 to 30 hours, therefore reducing the time to degree completion. See Chapter 3 for more information on this option. Students who apply for Capstone will work with the College of Business Advisement Office for approval of the Capstone Option and will complete a personal contract for a degree completion plan.

Technology Fee and Differential Tuition

The College of Business assesses College of Business majors technology fee of $6.00 per credit hour for Fall and Spring semesters up to twelve semester hours and Summer up to six semester hours. The technology fee is being phased out and will be subsumed under the differential tuition surcharge (see item below). Consequently, students will be charged either the technology fee or the differential tuition surcharge but not both. Starting Fall 2008, the College of Business has implemented differential tuition surcharge of 15% of applicable tuition for declared College of Business majors who are new students. The differential tuition surcharge will be assessed at the in-state tuition rate. If students are charged the differential tuition sur-charge, the technology fee (in above item) will not be assessed. Starting Fall 2008, the College of Business has implemented a “minor program fee” for other than College of Business majors that is equal to 15% of 15 credit hours of applicable tuition for declared College of Business minors. This fee is applicable for new students.

Business GPA Forgiveness Policy

The College of Business has adopted a policy for students whose only graduation problem concerns the 2.0 grade point average in all business prefix (ACCT, BUS, ECON, FIN, MGMT, MKTG) courses taken at the University. This is referred to as the Business grade point average (BUS GPA). Such students may petition to have a maximum of twelve semester hours of D or Grade(s) earned outside of the Professional Business Core and outside the major excluded from calculation of the BUS GPA. It should be noted that the College of Business Forgiveness Policy is offered as a means of computing the BUS GPA for graduation purposes only and may not be used for any other purpose. Only students with a University grade point average (SIU GPA) of 2.0 or above are eligible to petition to have the College of Business Forgiveness Policy applied for the purpose of BUSGPA calculation.

University Core Curriculum Courses Prescribed for Business Majors

Students in the College of Business must complete the University Core Curriculum requirements. The following courses are required and will count toward partial fulfillment of these:

Psychology 102 or Sociology 108 (to satisfy UCC Social Science requirement)
Economics 241 (to satisfy UCC Social Science requirement)
English 101, 102 (to satisfy English Foundation for UCC)
Mathematics 139 (to satisfy UCC Math requirement)
Communication Studies 101 (to satisfy Speech Foundation for UCC)

Professional Business Core

The professional business core, required of all College of Business students, is comprised of the following courses:

Courses Semester Hours
Accounting 220, 230 6
Business 101, 302 4
English 2915 3
Management 304, 318, 345, 481 12
Economics 2411, 240 (3)1+3
Finance 2084, 2702, 330 9
Marketing 304 3
Mathematics 1391 and 1403 (3)1+4
300-400 level CoB elective course (ACCT, FIN, MGMT, MKTG) 3
Total 47

Professional Business Core (online program)

The professional business core, required of all College of Business students admitted to the online Business and Administration degree program, is comprised of the following courses:

Courses Semester Hours
Accounting 220, 230 6
Finance 2084 3
Economics 2411, 240 (3)1+3
Mathematics 1391 and 1403 (3)1+4
Total 16

1See University Core Curriculum courses prescribed for business majors.
2The combination of Finance 280 and 380 may be substituted for 270.
3Mathematics 150 may be substituted for 140.
4Also listed as Accounting 208 or Management 208.
5May substitute English 290 or Management 202.