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5800


DOCUMENTS OF THE GENERAL FACULTY

CHANGES TO THE FINANCE MAJOR
IN THE MCCOMBS SCHOOL OF BUSINESS CHAPTER OF
THE UNDERGRADUATE CATALOG, 2008-2010


Dean George Gau of the McCombs School of Business has filed with the secretary of the Faculty Council the following changes to the finance major in the School of Business chapter in the Undergraduate Catalog, 2008-2010. The faculty of the college approved the changes on October 4, 2007, and the dean approved the proposed change on October 5, 2007. The secretary has classified this proposal as legislation of exclusive interest to a single college or school.

The Committee on Undergraduate Degree Program Review recommended approval of the change on November 7, 2007, and forwarded the proposed changes to the Office of the General Faculty. The Faculty Council has the authority to approve this legislation on behalf of the General Faculty. The authority to grant final approval on this legislation resides with the Executive Vice Chancellor of Academic Affairs.

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 an 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 noon on November 20, 2007.


Greninger Signature
Sue Alexander Greninger, Secretary
The Faculty Council


This legislation was posted on the Faculty Council Web site on November 12, 2007. Paper copies are available on request from the Office of the General Faculty, WMB 2.102, F9500.


5801


CHANGES TO THE FINANCE MAJOR
IN THE MCCOMBS SCHOOL OF BUSINESS CHAPTER OF
THE UNDERGRADUATE CATALOG, 2008-2010


NAME OF DEGREE PROGRAM(S): BACHELOR OF BUSINESS ADMINISTRATION-FINANCE MAJOR
EXPLAIN CHANGE(S) TO DEGREE PROGRAM:
1) The deletion of Risk Management as an option for completion of the fifteen hours of coursework for the General Finance Track.
2) The addition of Accounting 326 to the General and Real Estate tracks in the Finance degree.


Indicate pages in the Undergraduate Catalog where changes will be made. Page 55

GIVE A DETAILED RATIONALE FOR THE CHANGE(S):
1) Finance majors are required to focus on a specific area of finance by choosing one of six tracks. Within each track fifteen hours are required. Both the academic and career interest of the student is best served when the elective choices allowed in a given track are limited to courses most closely linked academically to the area of specialization.
2) Intermediate accounting is a key course required for other finance tracks. Its omission from the General and Real Estate tracks was an oversight.

SCOPE OF THE PROPOSED CHANGE(S):
Does this proposal impact other colleges/schools? If yes, then how?
No.

Has the other college(s)/school(s) been informed of the proposed change? If so, please indicate their response. N/A
Person Communicated With: N/A
Date of communication: N/A

Will this proposal change the number of required hours for degree completion? If yes, please explain.
This change specifically does not change the number of hours for degree completion, but the addition of the First-Year Signature course for all the BBA major increases the number of hours by 3.

Does this proposal involve changes to the core curriculum (42-hour core, signature courses, flags)? If yes, please explain.
No.

COLLEGE/SCHOOL APPROVAL PROCESS:

Department: yes Date: May 29, 2007
College: yes Date: October 4, 2007
Dean: yes Date: October 5, 2007