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1512 DOCUMENTS OF THE GENERAL FACULTY PROPOSED CHANGES TO THE RED MCCOMBS SCHOOL OF BUSINESS CHAPTER OF THE UNDERGRADUATE CATALOG, 2000-2002   Dean Robert G. May of the Red McCombs School of Business filed with the secretary of the Faculty Council the following proposed changes to the Red McCombs School of Business chapter of The Undergraduate Catalog, 2000-2002. The dean and the faculty of the school submitted the proposed changes to the secretary on May 16, 2001. The secretary has classified this proposal as legislation of exclusive application and primary interest to a single college or school. The edited proposal was sent to the Committee on Undergraduate Degree Program Review from the Office of Official Publications on October 3, 2001. The committee approved the proposed changes and forwarded them to the Office of the General Faculty on October 29, 2001. The authority to grant final approval on behalf of the General Faculty resides with the Faculty Council. If no objection is filed with the Office of the General Faculty by the date specified below, the legislation will be held to have been approved by the Faculty Council. If objection is filed within the prescribed period, the legislation will be presented to the Faculty Council at its next meeting. The objection, with reasons, must be signed by a member of the Faculty Council. To be counted, a protest must be received in the Office of the General Faculty by November 9, 2001. <signed> John R. Durbin, Secretary The Faculty Council This legislation was posted on the Faculty Council web site (http://www.utexas.edu/faculty/council/) on November 1, 2001. Paper copies are available on request from the Office of the General Faculty, FAC 22, F9500. 1513 PROPOSED CHANGES TO THE RED MCCOMBS SCHOOL OF BUSINESS CHAPTER OF THE UNDERGRADUATE CATALOG, 2000-2002 On page 43 in the section ACADEMIC POLICIES AND PROCEDURES, after the section THE MINOR, please make the following addition: THE CUSTOMER INSIGHT CONCENTRATION The concentration in customer insight offers a multi-area specialization within business for BBA students who want to explore how technology is changing customer relationships and develop expertise in responding to the new technological imperative. The curriculum includes courses focusing on supply chain management, new product development, organizational change, data communication and management, and customer relationships. Emphasis is placed on contemporary business problems and hands-on solutions that prepare students to cross the boundaries of traditional job functions. Students gain exposure to prospective employers through research projects based on real-world business problems. Courses required for the concentration may also be used to fulfill major and minor requirements. The student must fulfill the following requirements. 1. A departmental major in marketing or management information systems. 2. Fifteen semester hours consisting of Marketing 372, Management Information Systems 325, one management information systems or management elective and two marketing electives chosen from a list of acceptable courses. Students should see their academic advisor for the specific course listings. Rationale: Current trends in certain areas of industry indicate the need for personnel with a multi-area business background. Technology and the Internet are revolutionizing the way businesses interact with their customers, both in terms of understanding their needs and in serving their needs. The structure of the BBA is philosophically based and is not designed for such specialization. The customer insight concentration is a program of integrated work that overlaps the degree requirements and elective coursework of the existing majors and meets the demands of current trends in business without changing the basic academic and philosophical nature of the BBA. On page 44, in the section GRADUATION, under the heading SPECIAL REQUIREMENTS OF THE RED MCCOMBS SCHOOL OF BUSINESS, insert the following and renumber: 3. The University requires that at least thirty semester hours of coursework counted toward the degree be completed in residence. The McCombs School further requires that at least sixty semester hours of coursework be completed in residence at the University on the letter-grade basis. For additional requirements see "Bachelor of Business Administration Degree Requirements" on pages 45-46. On page 46, in the section DEGREES, under the heading BACHELOR OF BUSINESS ADMINISTRATION DEGREE REQUIREMENTS, make the following change: 7.b. Completion of the requirements of one of the majors listed in the section "Program Degree Requirements" that begins below. In no event is a degree of Bachelor of Business Administration awarded to a student with fewer than forty-eight semester hours in business, at least twenty-four of which have been completed in residence on a letter-grade basis at the University. At least sixty semester hours of coursework must be completed in residence at the University on the letter-grade basis. At least twelve semester hours of upper-division coursework in the major must be completed in residence at the University on a letter-grade basis.3 For additional residence requirements, see the general requirements on pages 16-18. Rationale: The integrity and quality of our degree is important to the reputation of the school and the value our degree adds to our students. Thirty hours of coursework is not a significant enough amount of work at UT to 1514 establish a student's competitiveness with other business students in the Red McCombs School of Business. Requiring students to complete sixty semester hours in residence at UT will establish a more realistic picture of the individual's capabilities in relationship to the other candidates that our recruiters are considering for employment. On page 45, in the section DEGREES, under the heading BACHELOR OF BUSINESS ADMINISTRATION DEGREE REQUIREMENTS, make the following change: 1. [At least 120 semester hours are required for the Bachelor of Business Administration, with a] A grade point average of at least a 2.00 is required on all work undertaken at the University for which a grade or symbol other than Q, W, X, or CR is recorded. In addition, a grade point average of at least 2.00 in business courses is required. Rationale: Due to changes in the programs in the past few catalogs, the number of hours for each degree plan in business varies. The actual number of hours for each degree will be listed under the individual major in the Program Degree Requirements section. On page 46, in the section PROGRAM DEGREE REQUIREMENTS, under the heading ACCOUNTING, under the subheading BACHELOR OF BUSINESS ADMINISTRATION, make the following change: 5. Additional elective coursework, if necessary, to provide a total of at least [120] 121 semester hours. Rationale: Reflects the actual number of hours required to earn the BBA in accounting. On page 47, in the section PROGRAM DEGREE REQUIREMENTS, under the heading ACCOUNTING, under the subheading PROFESSIONAL PROGRAM IN ACCOUNTING, under the subheading Degree Requirements, make the following addition: 1.f. Additional elective coursework, if necessary, to provide a total of at least 120 semester hours of undergraduate coursework. Rationale: Reflects the actual number of hours required to earn the BBA portion of the PPA degree. On page 48, in the section PROGRAM DEGREE REQUIREMENTS, under the heading ENGINEERING ROUTE TO THE BACHELOR OF BUSINESS ADMINISTRATION, make the following change: 7. Additional elective coursework, if necessary, to provide a total of at least [120] 122 semester hours. Rationale: Reflects the actual number of hours required to earn the engineering route to business degree. On page 50, in the section PROGRAM DEGREE REQUIREMENTS, under the heading FINANCE, make the following change: 5. Additional elective coursework, if necessary, to provide a total of at least [120] 121 semester hours. Rationale: Reflects the actual number of hours required to earn the finance degree. 1515 On page 51, in the section PROGRAM DEGREE REQUIREMENTS, under the heading HONORS PROGRAM, under the subheading DEGREE REQUIREMENTS, make the following change: 5. Additional elective coursework, if necessary, to provide a total of at least [120] 122 semester hours. Rationale: Reflects the actual number of hours required to graduate under the Honors Program. On page 51, in the section PROGRAM DEGREE REQUIREMENTS, under the heading INTERNATIONAL BUSINESS, make the following change: 7. Additional elective coursework, if necessary, to provide a total of at least [120] 121 semester hours. Rationale: Reflects the actual number of hours required to earn the international business degree. On page 52, in the section PROGRAM DEGREE REQUIREMENTS, under the heading MANAGEMENT, make the following change: 5. Additional elective coursework, if necessary, to provide a total of at least [120] 121 semester hours. Rationale: Reflects the actual number of hours required to earn the management degree. On page 52, in the section PROGRAM DEGREE REQUIREMENTS, under the heading MANAGEMENT INFORMATION SYSTEMS, make the following change: 3. Additional elective coursework, if necessary, to provide a total of at least [120] 121 semester hours. Rationale: Reflects the actual number of hours required to earn the management information systems degree. On page 52, in the section PROGRAM DEGREE REQUIREMENTS, under the heading MARKETING, make the following change: 4. Additional elective coursework, if necessary, to provide a total of at least [120] 122 semester hours. Rationale: Reflects the actual number of hours required to earn the marketing degree. On page 47, in the section PROGRAM DEGREE REQUIREMENTS, under the heading PROFESSIONAL PROGRAM IN ACCOUNTING, under the subheading Degree Requirements, make the following changes: The requirements of this program are l.d. The following courses: Accounting 151, 152, [455, 456, and 459] 355, 356, 358C, and 359. Rationale: The assurance course was formerly taught at the graduate level. As this course was the first course students encountered that dealt with auditing, they were unable to make an informed decision regarding the PPA track they wanted to follow. Consequently, students often delayed their decision or changed to a different track once they had taken the graduate level course, thus slowing their progress toward the degree. By moving the course to the undergraduate level as Accounting 358C, students will be able to make a more informed decision concerning their career path and degree track through the PPA program. Additionally, this should enhance his/her internship selection process. 1516 As an adjunct to this move, the faculty agreed that the three undergraduate PPA courses (ACC 455, 456, 459) could be effectively taught as three-hour courses, thus keeping the number of hours required for the degree the same. 1.e. For students in the auditing/financial reporting, managerial accounting/control, or generalist concentration, [Statistics 376 and either] Finance 367 or 377L and a business elective; for students in the taxation concentration, six semester hours of coursework in legal environment of business approved by the PPA adviser. Rationale: Changing the STA 376 requirement to a business elective will allow greater flexibility in three of the PPA tracks that will allow these students to pursue a minor or study abroad in the CIBER programs. The faculty has determined that the flexibility that this allows will be more beneficial to the students than the content of STA 376. On page 50, in the section PROGRAM DEGREE REQUIREMENTS, under the heading HONORS PROGRAM, make the following change: The Business Honors Program is designed to provide an intellectual challenge for students [serious and accomplished students and an opportunity for direct preparation for graduate work in business administration] who have distinguished themselves academically and in leadership roles outside the classroom. The student may choose a general program of study or one of the major programs in business or both. Business Honors Program students take [eleven] twelve courses in special sections. [designed to cover material comparable to that in the Master of Business Administration and Master in Professional Accounting first-year courses.] Honors courses are reserved for honors students. At least two and one-half years are required to complete the Business Honors Program sequence of courses. Additional information is available from the [Undergraduate Dean¡s Office] Business Honors Programs Office. On page 51, in the section PROGRAM DEGREE REQUIREMENTS, under the heading HONORS PROGRAM, under the sub-heading DEGREE REQUIREMENTS, make the following change: 2. Completion of the following business core courses and other business courses in special Honors Program sections: Accounting 311H, 312H, Business Administration 324H, 151H, Finance 354H, 357H, Legal Environment of Business 323H, Management 335H, 336H, [Management Information Systems 324H,] Management Science 371H, Marketing 337H, and Statistics 309H. Rationale: In fall 1999 the Business Honors Program Faculty Committee voted to eliminate the two one-hour courses (BA 179S) and combine the content with the BA 101/102 Honors sections. This change was approved for the 2000-2002 catalog. After attempting to implement the change in fall 2000, the faculty determined that the content and objectives for the two BA 179 courses and the BA 101/102 could not be effectively combined in two one-hour classes. The Business Honors Program Faculty Committee unanimously approved the addition of a one-hour lyceum, BA 151H, to facilitate instruction of the desired content and to meet all of the intended objectives.