The Whittemore School of Businesss and EconomicsThe Whittemore School of Business and Economics prepares students for future careers in management, public service, research, and education. The liberal arts are the basic foundation of the curriculum, and management of change in a global community is the major emphasis. Each department and program has its unique disciplinary tradition and the simultaneous commitment to broad educational excellence in critical thought, verbal and written communications, quantitative skills, computer literacy, and ethical reasoning. International awareness and cross-cultural understanding are essential components of the educational experience of Whittemore School students. The educational process encourages the integration of practice and theory through student interaction with businesses, public agencies, and faculty research.
Steven F. Bolander, Dean
Department of Accounting and Finance
Bachelor of Arts
Bachelor of Science
The Whittemore School's undergraduate curricula combine a breadth of liberal education with specifics of professional education in business administration, economics, and hospitality management. Undergraduates enrolled in the Whittemore School programs take a substantial part of their coursework in other colleges in the University in order to fulfill the general education requirements. Beyond those requirements, students are encouraged to elect additional courses in the arts, the behavioral and social sciences, the humanities, mathematics, and the natural sciences. Thus, students who complete the Whittemore School programs in business administration, economics, and hospitality management are prepared for employment and graduate study in both these and adjacent fields. The Whittemore School offers a minor in business administration and in economics. Within the limits of its resources, the Whittemore School also serves the needs of undergraduates elsewhere in the University for whom selected courses in business administration, economics, or hospitality management are desirable complements to their primary course of study. To the extent that space is available after majors have enrolled, a limited number of Whittemore School courses are open to nonmajors who have the prerequisite preparation. A maximum of 32 credits in courses offered by the Whittemore School of Business and Economics may be taken by non-Whittemore School students.
Degree RequirementsThe Whittemore School offers a bachelor of arts degree program in economics and bachelor of science degree programs in business administration and hospitality management. Students who desire a professional career in public accounting are advised to follow the five-year program leading to a bachelor of science in business administration and a master of science in accounting degree (see page 94, Accounting Program of Study for details). Application for admission to this highly selective program is made in the junior year. Course listings for business administration are found under accounting and finance (ACFI), business administration (ADMN), decision sciences (DS), management (MGT), and marketing (MKTG). Candidates for a degree must satisfy all of the University general education requirements for graduation as well as the particular requirements of their individual major programs. In addition, candidates must complete a math course (400 level) and a computer applications course. Economics majors must also satisfy specific requirements associated with the bachelor of arts degree (see page 17). No Whittemore School course may be taken on a pass/fail basis by a student majoring in business administration, economics, or hospitality management.Modifications tend to occur in major programs during the four-year period of a student's undergraduate career. Students are expected to conform to these changes. Students transferring into the Whittemore School from other universities must have business, economics, and hospitality management courses reviewed and approved by the Whittemore School Undergraduate Programs Office to be considered for major requirements. For information concerning advanced degrees, see the Graduate School catalog.
Advising SystemUndergraduate advising in the Whittemore School is carried out jointly by academic advisers and the faculty. The academic advisers are based in the Whittemore School Undergraduate Programs Office, where student academic records are kept. The advisers assist students in program planning, preregistration, understanding and meeting general academic requirements, and general academic and career decision making. In addition, the advisers coordinate study abroad, domestic exchange and honors programs, as well as the Washington Internship Program. The faculty draw on their own experience, expertise, and interests in helping students with course, program, and career selection.The Peer Advising System, established in 1984, was created for the purpose of introducing freshmen to the college experience. Selected upperclass students provide a positive resource to guide freshmen. The program's goals are, through a mandatory yearlong program, to familiarize students with their major, college, and University; to support students in their personal growth; to develop personal responsibility; and to encourage freshmen to use the advising services on campus. Undergraduates are encouraged to develop an advisory relationship with one or more faculty members with whom they have mutual interests. All students are urged to seek as much assistance as they need, from whatever source, but are reminded that theirs is the ultimate responsibility for knowing and meeting the various academic requirements for a degree.
Independent Study/InternshipJuniors or seniors in the Whittemore School may elect the internship or independent study options for variable credit. For either option, the student must secure a faculty sponsor in the area of interest and submit a written proposal prior to the start of the semester in which the project is to be undertaken. Independent study normally involves research, while internships are usually undertaken with cooperation of an off-campus organization and involve a nonroutine but practical application of skills and concepts acquired in a student's program.Independent studies and internships require considerable self-direction and self-monitoring on the part of the student, who must be in high academic standing. Careful prior review of requirements with the undergraduate adviser is necessary. Students may earn no more than 16 credits in internships, independent studies, field experience, and supervised student teaching experience. The Washington internship, a semester of supervised work experience in Washington, D.C., is open to any major.
International and Exchange ProgramsThe Whittemore School encourages qualified students to participate in programs of international work and study. The Whittemore School has international exchanges including Grenoble, France, and Maastricht, the Netherlands. Students may also elect to take a dual major in international affairs, offered in conjunction with the program for international perspectives.Information on all other international programs can be obtained from the sponsoring department or the Center for International Education, Hood House, Room 204.
Five-Year ProgramsFour-One Program: B.S.-M.S.A.The American Institute of Certified Public Accountants (AICPA), the national association of professional accountants, has mandated that five years of university education be required for national Certified Public Accountant (CPA) certification by the year 2000. Most states have approved similar requirements for licensing/certification. The Whittemore School offers a five-year program designed for students who desire a professional accounting career. The program leads to the joint awarding of a bachelor of science in business administration and a master of science in accounting degree. Application for admission to this highly selective program is made in the junior year. Details are provided in the Programs of Study sections of the UNH undergraduate and graduate catalogs. Three-Two Programs: B.A.-M.B.A., B.S.-M.B.A.
Programs of StudyAccounting and FinanceChairperson: Ahmad EtebariProfessors: Ahmad Etebari, John Freear, Fred R. Kaen Associate Professor: Catherine A. Craycraft Assistant Professors: Stephen J. Ciccone, Bruce N. Dehning, Afshad J. Irani, Toni Q. Smith Lecturer: William F. Knowles Accounting and finance are fundamental academic disciplines in business schools. Accounting provides the basic language of business and the underlying structure for information systems. Finance provides important knowledge about asset management, capital markets, and risk strategies. Many professional opportunities exist for students who elect an emphasis in accounting and/or finance. A finance emphasis prepares students for jobs in corporate financial management, investments management, banking, and governmental services. This emphasis helps students planning to sit for the Chartered Financial Analyst (CFA) Level I exam, the Certified Financial Manager (CFM) exam, and the Certified Financial Planner (CFP) exam. Students with a career emphasis in finance can choose three to six courses from the following advanced courses: ACFI 701, Financial Policy; ACFI 702, Investments Analysis; ACFI 703, International Financial Management; ACFI 704, Derivative Securities and Markets; and ACFI 725, Financial Statement Analysis. Courses offering special topics in finance (ACFI 640; ACFI 720), internships (ACFI 751) and independent studies (ACFI 753) are also available. An accounting emphasis prepares students for jobs in public accounting, industrial accounting, and governmental services, and gives a background for selected post-graduate studies such as law. The accounting emphasis also provides a background for students planning to sit for the Certified Public Accountant (CPA) exam, Certified Management Accountant (CMA) exam and the Certified Internal Auditor (CIA) exam. Students who desire a professional career in public accounting are advised to follow the five-year program detailed below in order to ensure their eligibility to sit for the CPA exam because of national and state-level 150-hour education requirements. Application for admission to this highly selective five-year program is made in the junior year. B.S. - M.S.A. Program of Study
Bachelor's Courses (Years 1 & 2)
Bachelor's Courses (Year 3)
Course: Fall, Spring
Bachelor's Courses (Year 4)
Courses: Fall, Spring
Master's Courses (Year 5)
Courses: Fall, Spring *Students are advised to enroll in appropriate level elective courses offered by the Whittemore School.
Business Administration(For descriptions of courses, see Accounting and Finance, Business Administration, Decision Sciences, Management, and Marketing.)The business administration program provides training for individuals interested in managerial or administrative careers in business or in public or private institutions. Since most graduates of the program embark upon business careers, the program emphasis is in that direction. However, as demand has grown in recent years for people able to apply businesslike methods to the problems of not-for-profit institutions such as hospitals, school systems, government departments, and other socially oriented organizations, the program's objectives have been broadened to include all types of administration. The curriculum offers professional education in the basic theories, principles, concepts, and analytical tools used by successful modern administrators, combining them with an introduction to some of the important functional areas of management. At the same time, typical students achieve a well-rounded education by selecting courses in the liberal arts and the sciences from other colleges and schools in the University. The business administration program consists of thirteen required courses in three groupings, plus three required WSBE electives. In addition, the program requires completion of one semester of a 400-level math course and a computer applications course, which can be satisfied through coursework or acceptable equivalency. Group A includes the core courses taken in the freshman and sophomore years. These focus on basic concepts, tools, and skills. Group B consists of six courses in the functional areas of organizational behavior, operations management, marketing, finance, management information systems, and quantitative methods, normally taken in the junior and senior years. Group C consists of a course in business, government, and society; a "capstone" course in strategic management; and three electives. These electives must be chosen from upper-level (500 or above) Whittemore school courses and are taken in the junior and senior years. Courses that are taken on a pass/fail or credit/fail basis will not count as Group C electives. Normally, students must successfully complete all Group A courses (achieving a minimum grade-point average of 2.00 with no individual grade lower than C-) and obtain junior standing before any Group B courses may be taken; and all Group B courses must be completed before taking required Group C courses. In order to graduate, students must achieve a grade-point average of at least 2.30 in the sixteen major courses and a minimum grade of C- in each major course. Any WSBE major required course in which a grade below C- is obtained must be repeated. No more than two WSBE courses may be repeated and each course may be repeated one time. Students must make up the credits for a repeated course before graduating. Transfer credit can be applied only to Group A courses. Students are encouraged to take advanced electives in areas of their interest and in relation to career goals. Faculty and the undergraduate advisers can provide useful information and guidance for choices of electives. The Whittemore School also offers courses for nonmajors. Students interested in these courses should contact the undergraduate programs office. The required plan of study is given below:
Freshman Year (Group A)
Sophomore Year (Group A)
Junior and Senior Years (Group B)
Senior Year (Group C)
Minor
The Department of Decision Sciences brings together faculty with special expertise in business statistics, decision support systems, management information systems, management science, production/operations management, operations research, and manufacturing strategy. The department contributes to the general education of all students in the Whittemore School through the development and teaching of required and elective courses. The department's faculty serve the school and the University through teaching excellence, active scholarship, and involvement with the business and professional community within the state and beyond. Beyond the core courses students may elect any of three emphases within the department. For an operations management emphasis, students take DS 754, Resource Management; DS 755, Manufacturing Management; DS 758, Strategic Management of Operations; and DS 765, Total Quality Management. These courses help prepare students to sit for the American Production and Inventory Control Society (APICS) certification exams. For a management science/statistics emphasis, students take DS 626, Applied Regression Analysis; DS 633, Advanced Operations Research; and choose from DS 522, Advanced Business Statistics; DS 624, Time Series Forecasting; and DS 625, Statistical Decision Making. For a management information systems emphasis, students take DS 672, Computer Systems Analysis and Design; and DS 772, Decision-Support Systems. Students may also take DS 698 or DS 798, Topics in Decision Sciences.
Economics is the study of how societies organize themselves to produce goods and services and to distribute those products among the members of society. In the modern world, a combination of market forces, public policies, and social customs perform these basic economic tasks. Economists use concepts, models, and data to analyze efficiency of resource use, fairness of economic outcomes, and development of global and national economies. The economics program is designed to introduce students to the tools of economic analysis and to show students how they can use those tools to analyze and better understand real-world situations. Undergraduate training in economics is an excellent background for a variety of careers; these include banking and financial services, journalism, international business, public service, the diplomatic corps, entrepreneurial ventures, and government administration. An undergraduate major in economics is also excellent preparation for those interested in graduate work in law, business administration, and international relations. Graduate work in economics can lead to careers in college teaching, research in public and private agencies, and business consulting. Those interested in studying economics at the graduate level should ask their economics professors what undergraduate coursework is appropriate and which graduate schools would be suitable. Courses in economics are open to nonmajors on a space-available basis. Students majoring in other programs have found that certain economics courses are useful supplements to their own majors and a help in gaining employment. For example, political science majors can profit from studying public economics, economic development, and international economics. Mathematics and engineering students might elect to study econometrics and intermediate microeconomics. Environmental conservation majors could choose to study ecological or energy economics. For more information on economics electives, please consult the Whittemore School Undergraduate Programs Office (McConnell 120) or the chairperson of the economics department. Economics majors must complete eight courses in economics plus DS 420 with a grade of at least C- (1.67) in each course and an average grade of C or better. These courses must include ECON 605 and 611. In addition, majors must complete either MATH 420 or 424A. Coursework in accounting is recommended but not required. Major credit toward ECON 605 and/or 611 will be awarded to transfer students only if equivalent courses have been taken at the junior level or above. Transfer students must take at least five of their economics courses at UNH. Students may petition to substitute one business administration course for an economics elective if the course is at the 600 level or above and if a grade of C- or better is earned. Students may earn no more than 16 credits in internships, independent studies, field experience, and supervised student teaching experience. All economics majors must satisfy the bachelor of arts degree requirements. The economics department offers three specialized options within the major. By selecting economics electives from an approved list, a student majoring in economics can graduate with an option in financial and managerial economics, international and development economics, or public policy economics. A suggested plan of study for economics majors follows:
Freshman Year
Sophomore Year
Junior and Senior Years A minor in economics consisting of five courses is also available. At least three of these courses must be taken at UNH. For more on the minor and options within the major, consult the Whittemore School Undergraduate Programs Office.
The program in hospitality management is an integral part of the offerings of the Whittemore School. It is one of only four programs worldwide that is accredited by both the American Assembly of Colleges and Schools of Business-AACSB and the Accreditation Commission for Programs in Hospitality Administration-ACPHA. Graduates are prepared to assume management positions in all sectors of the service sector, with primary emphasis on the hospitality industry. Graduates have accepted positions in lodging and food service (and their allied businesses and wholesalers), retirement facilities, software companies, tourism, travel and recreation industries, and institutions such as hospitals, nursing homes, colleges, and schools. In order to have a well-rounded university education, students take courses in liberal arts as well as foundation courses in business administration and economics. The hospitality management curriculum builds upon this foundation and provides experience and in-depth education in the lodging and food service-related industries, as well as the broader industries that comprise the hospitality discipline. Each course includes an international component. With our on-campus learning laboratory, the New England Center Hotel and Conference Center, the program includes a mix of practical experiences along with classroom activities. These practical experiences are provided by major consulting projects to industry as part of classroom activities, lecture series, seminars, and field trips; a minimum of 400 hours approved work experience or practicum; and by involvement in the food service and lodging operations at the New England Center. The Department of Hospitality Management encompasses eighteen required courses and four hospitality electives in three groupings. Group A consists of eight core courses taken in the freshman and sophomore years. Group B includes most of the functional hospitality and business disciplines required to develop into a successful manager. A wide range of elective courses, independent studies, and internships can complement the required curriculum. In addition, the program requires completion of one semester of a 400-level math course and a computer application course, which can be satisfied through coursework or acceptable equivalency. Students must successfully complete Group A courses, achieving a minimum grade-point average of at least 2.00, before Group B courses may be taken. Group B courses must be completed before taking any Group C courses. To graduate, students must obtain a 2.30 grade-point average in all major required courses and a minimum grade of C- in each major course. Graduates of this program who are qualified for, and interested in further allied studies, are well prepared for advanced degree programs in hospitality, tourism, business, institutional, or health administration. Students may earn up to 12 total credits in internships, independent studies, field experience, and supervised student teaching experiences. A required plan of study is given below.
Freshman Year
Sophomore Year
Junior Year (Group B)
Senior Year (Group C)
The study of management focuses on how organization members develop and use strategies, structures, and the accompanying social, political, legal, economic, and technical processes needed to compete in national and global markets. Courses cover such topics as leadership, decision making, ethics, adaptation, innovation, organizational learning and change, human resource management, governmental policy making, and industrial economics. The department's approach to teaching involves educational methods that promote conceptual, behavioral, and analytic competence through experiential learning, self-awareness, theoretical mastery, and case studies. A major emphasis is on action learning through group projects. In addition to the required core course (MGT 611, Behavior in Organizations) and the capstone senior-year courses (MGT 701, Business, Government, and Society; and MGT 703, Strategic Management), students may choose from a variety of electives including MGT 614, Organizational Theory; MGT 647-648, Business Law I & II; MGT 713, Management Skills; MGT 732, Exploration in Entrepreneurial Management; MGT 755, International Management; MGT 770, Strategic Human Resource Management; and MGT 785, Career Management. Courses offering special topics are also available, e.g., total quality management, management consulting, leadership, communications, and group dynamics.
The marketing curriculum is designed to help students explore the exchange process between a business or institution and its customers or memberships. A marketing exchange occurs when a person gives up something he or she values (e.g., money, time, or effort) for something he or she wants or needs from the business or institution (e.g., goods or services). Marketing is the function in the organization which is responsible for determining what those needs and wants are, how they might be met, and how to communicate with prospective customers about how the organization can meet their needs. Careers for students interested in marketing include jobs in marketing and product management, sales, advertising, retailing, and marketing research. Opportunities exist in consumer and industrial products at all levels of the marketing channel from manufacturer to wholesaler to retailer; for goods as well as services; and within for-profit and not-for-profit organizations. Students interested in careers in marketing should select electives related to their career interests. The Undergraduate Programs Office and the marketing faculty can help students select appropriate electives and provide information on marketing careers. All electives require successful completion of MKTG 651, Principles of Marketing. Contact the Undergraduate Programs Office or the Department of Marketing for an up-to-date listing of course offerings.
|