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Undergraduate Business Administration Program at Tepper School of Business, Study notes of International Finance and Trade

Information about the Undergraduate Business Administration Program at Tepper School of Business. The program is designed for students interested in a broad undergraduate education based on management science, quantitative reasoning, leadership development, and communications skills. The curriculum is rigorous and flexible to accommodate student interests, academic, and career goals. The document also provides information about the Concentration, minors, and additional major offered by the university.

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Undergraduate Business Administration Program 1
Undergraduate Business Administration Program
Burton Hollifield, Associate Dean, Undergraduate Programs; PNC Professor
of Finance; Professor of Financial Economics
Jennifer Wegner, Assistant Dean, Undergraduate Programs
Location: Tepper Quad, Suite 2400
Email: uba@andrew.cmu.edu
Advising Appointment Online Scheduler: https://meetme.so/TepperAdvising
www.cmu.edu/tepper/programs/undergraduate-business (http://
www.cmu.edu/tepper/programs/undergraduate-business/)
The Business Administration Program in the Tepper School of Business
is for students interested in a broad undergraduate education based on
management science, quantitative reasoning, leadership development,
and communications skills. The curriculum is rigorous and flexible to
accommodate student interests, academic, and career goals.
Tepper bases the curriculum around a central core of courses in the
functional areas of business, economics, mathematics, communications,
and university courses in liberal arts and sciences. Students complete an
in-depth study in one functional business concentration and additional
business electives. Students also complete a minor from outside the
Tepper School of Business to enhance their business education. The
minor promotes students' intellectual confidence and leads to the broad
knowledge that can last a lifetime. The curriculum structure helps Tepper
graduates become leaders in complex global business, technical, and
political environments.
Beyond the major in Business Administration, we offer the opportunity for
minors and additional major to students in other programs of the university.
B.S. Degree in Business
Administration
To receive the B.S. degree in Business Administration, students must
complete at least 364 units, consisting of the requirements for the Business
Foundations, Business Core, Concentration, Business Electives, University
Core, and a Minor.
Business Foundations
Mathematics Units
21-120 Differential and Integral Calculus 10
or21-111
&21-112
Calculus I
and Calculus II
21-256 Multivariate Analysis 9
or21-259 Calculus in Three Dimensions
70-257 Optimization for Business 9
or21-257 Models and Methods for Optimization
or21-292 Operations Research I
Economics
73-102 Principles of Microeconomics 9
73-103 Principles of Macroeconomics 9
73-230 Intermediate Microeconomics 9
or73-240 Intermediate Macroeconomics
Statistics
70-207 Probability and Statistics for Business
Applications
9
or36-200 Reasoning with Data
70-208 Regression Analysis 9
or36-202 Methods for Statistics & Data Science
Business Core
Units
70-106 Business Science 9
70-110 Business Computing 9
70-122 Introduction to Accounting 9
70-311 Organizational Behavior 9
70-332 Business, Society and Ethics 9
70-340 Business Communications 9
70-345 Business Presentations 9
70-371 Operations Management 9
70-381 Marketing I 9
70-391 Finance 9
70-104 Business Leadership Endeavor I 3
70-204 Business Leadership Endeavor II 3
70-304 Business Leadership Endeavor III 3
70-401 Management Game 12
or70-447 Client Consulting Project: Strategic Management of the
Enterprise
Concentration
The Concentration allows students to gain knowledge and expertise
in a particular area of business practice.Students must complete one
of the following concentrations. For students electing to complete an
additional major, the concentration requirement is waived (as is the
minor requirement) and students must complete three business elective
courses as part of the waived concentration requirement.Concentration
coursescannot double-count with any other degree requirement including
the minor requirement.
Accounting
Business Analytics and Technologies
Entrepreneurship
Finance
Global Economics and Business
Marketing Management
Operations Management
Strategic Management
Business Electives
Students must complete 18 units of Business Electives. A business elective
course is any Business course (70-xxx) that is not being used to satisfy
another degree requirement. This can include 21-270 Introduction to
Mathematical Finance and upper-level Economics courses (73-3xx and
above). Business Electives cannot double-count with any other degree
requirement including the minor.
UNIVERSITY CORE
Students must complete all requirements with 63+ units as outlined below.
Requirement 1: CMU First Year Writing (9 units)
76-101 Interpretation and Argument
76-102 Advanced First Year Writing: Special Topics
OR Select 2 Mini Writing Courses:
76-106 Writing about Literature, Art and Culture
76-107 Writing about Data
76-108 Writing about Public Problems
Requirement 2: Scientific Reasoning (9+ units)
Any course in 03-100 (Biological Sciences) or higher
Any course in 15-100 (Computer Sciences) or higher
Any course in 33-100 (Physics) or higher
Any course in 09-100 (Chemistry) or higher
Any course in 85-102 (Psychology) or higher
Requirement 3: Informational Literacy (9+ units)
Any Philosophy course 80-100 or higher
Any Information Systems course 67-100 or higher
The following courses from Social and Decision Sciences:88-120
Reason, Passion and Cognition,88-230 Human Intelligence and
Human Stupidity,88-255 Strategic Decision Making,88-275 Bubbles:
Data Science for Human Minds
Requirement 4: Global, Cultural, and Diverse Perspectives
(18+ units)
Any History course 79-100 or higher
Any English course 76-200 or higher
Any Modern Languages course 82-100 or higher
Requirement 5: Free Electives (18+ units)
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Undergraduate Business Administration Program

Burton Hollifield, Associate Dean, Undergraduate Programs; PNC Professor of Finance; Professor of Financial Economics Jennifer Wegner, Assistant Dean, Undergraduate Programs Location: Tepper Quad, Suite 2400 Email: uba@andrew.cmu.edu Advising Appointment Online Scheduler: https://meetme.so/TepperAdvising www.cmu.edu/tepper/programs/undergraduate-business (http:// www.cmu.edu/tepper/programs/undergraduate-business/) The Business Administration Program in the Tepper School of Business is for students interested in a broad undergraduate education based on management science, quantitative reasoning, leadership development, and communications skills. The curriculum is rigorous and flexible to accommodate student interests, academic, and career goals. Tepper bases the curriculum around a central core of courses in the functional areas of business, economics, mathematics, communications, and university courses in liberal arts and sciences. Students complete an in-depth study in one functional business concentration and additional business electives. Students also complete a minor from outside the Tepper School of Business to enhance their business education. The minor promotes students' intellectual confidence and leads to the broad knowledge that can last a lifetime. The curriculum structure helps Tepper graduates become leaders in complex global business, technical, and political environments. Beyond the major in Business Administration, we offer the opportunity for minors and additional major to students in other programs of the university.

B.S. Degree in Business

Administration

To receive the B.S. degree in Business Administration, students must complete at least 364 units, consisting of the requirements for the Business Foundations, Business Core, Concentration, Business Electives, University Core, and a Minor.

Business Foundations

Mathematics Units 21-120 Differential and Integral Calculus 10 or 21- & 21- Calculus I and Calculus II 21-256 Multivariate Analysis 9 or 21-259 Calculus in Three Dimensions 70-257 Optimization for Business 9 or 21-257 Models and Methods for Optimization or 21-292 Operations Research I Economics 73-102 Principles of Microeconomics 9 73-103 Principles of Macroeconomics 9 73-230 Intermediate Microeconomics 9 or 73-240 Intermediate Macroeconomics Statistics 70-207 Probability and Statistics for Business Applications

or 36-200 Reasoning with Data 70-208 Regression Analysis 9 or 36-202 Methods for Statistics & Data Science

Business Core

Units 70-106 Business Science 9 70-110 Business Computing 9 70-122 Introduction to Accounting 9 70-311 Organizational Behavior 9 70-332 Business, Society and Ethics 9 70-340 Business Communications 9 70-345 Business Presentations 9 70-371 Operations Management 9 70-381 Marketing I 9 70-391 Finance 9 70-104 Business Leadership Endeavor I 3 70-204 Business Leadership Endeavor II 3 70-304 Business Leadership Endeavor III 3 70-401 Management Game 12 or 70-447 Client Consulting Project: Strategic Management of the Enterprise

Concentration

The Concentration allows students to gain knowledge and expertise in a particular area of business practice. Students must complete one of the following concentrations. For students electing to complete an additional major, the concentration requirement is waived (as is the minor requirement) and students must complete three business elective courses as part of the waived concentration requirement. Concentration courses cannot double-count with any other degree requirement including the minor requirement.

  • Accounting
  • Business Analytics and Technologies
  • Entrepreneurship
  • Finance
  • Global Economics and Business
  • Marketing Management
  • Operations Management
  • Strategic Management

Business Electives

Students must complete 18 units of Business Electives. A business elective course is any Business course (70-xxx) that is not being used to satisfy another degree requirement. This can include 21-270 Introduction to Mathematical Finance and upper-level Economics courses (73-3xx and above). Business Electives cannot double-count with any other degree requirement including the minor.

UNIVERSITY CORE

Students must complete all requirements with 63+ units as outlined below. Requirement 1: CMU First Year Writing (9 units) 76-101 Interpretation and Argument 76-102 Advanced First Year Writing: Special Topics OR Select 2 Mini Writing Courses: 76-106 Writing about Literature, Art and Culture 76-107 Writing about Data 76-108 Writing about Public Problems Requirement 2: Scientific Reasoning (9+ units) Any course in 03-100 (Biological Sciences) or higher Any course in 15-100 (Computer Sciences) or higher Any course in 33-100 (Physics) or higher Any course in 09-100 (Chemistry) or higher Any course in 85-102 (Psychology) or higher Requirement 3: Informational Literacy (9+ units) Any Philosophy course 80-100 or higher Any Information Systems course 67-100 or higher The following courses from Social and Decision Sciences: 88- Reason, Passion and Cognition, 88-230 Human Intelligence and Human Stupidity, 88-255 Strategic Decision Making, 88-275 Bubbles: Data Science for Human Minds Requirement 4: Global, Cultural, and Diverse Perspectives (18+ units) Any History course 79-100 or higher Any English course 76-200 or higher Any Modern Languages course 82-100 or higher Requirement 5: Free Electives (18+ units)

Any Carnegie Mellon course outside of Business (70-xxx) or Economics (73-xxx) that follows the University Core policies.

Minor

In order to obtain the degree, students must complete a minor from another academic department. For students electing to complete an additional major or dual degree, the minor requirement is waived (as is the concentration requirement).

Computing @ Carnegie Mellon

All undergraduate students are required to take 99-101 Computing @ Carnegie Mellon to graduate (usually taken prior to the start of the first year or during the first year). The course focuses on Carnegie Mellon tools and technologies. Business Concentrations The concentration allows students to gain knowledge and expertise in a particular area of business practice. The coursework in the concentrations prepares students with the knowledge and skills for their career pursuits. Completing a concentration is part of the business degree requirements. Business concentrations require at least 4 courses beyond the Business Core. Courses taken to meet concentration requirements are not allowed to double count toward any other BA degree requirements, including the minor requirement. Business concentrations may require prerequisites from courses outside the concentration.

Accounting

Required: 70-424 Corporate Financial Reporting Choose 3 remaining courses from: 70-422 Managerial Accounting 70-427 Fundamentals of Banking Institutions 70-428 Financial Statement Analysis 70-498 Business Language Analytics: Mining Financial Texts and Graphs

Business Analytics and Technologies

Choose 1 from: 70-374 Data Mining & Business Analytics 70-467 Machine Learning for Business Analytics Choose 3 remaining courses from: 70-374 Data Mining & Business Analytics 70-455 Data Management Fundamentals 70-458 Advanced Data Management 70-460 Mathematical Models for Consulting 70-467 Machine Learning for Business Analytics 70-469 End to End Business Analytics 70-498 Business Language Analytics: Mining Financial Texts and Graphs 73-374 Econometrics II

Entrepreneurship

Required: 70-415 Introduction to Entrepreneurship 70-416 New Venture Creation Choose 2 remaining courses from: 70-395 Funding Entrepreneurial Ventures 70-438 Commercialization and Innovation 70-443 Digital Marketing and Social Media Strategy 49-300 Integrated Product Conceptualization 70-509 Independent Study in Entrepreneurship (special permission required)

Finance

Required: 70-492 Investment Analysis 70-495 Corporate Finance Choose 2 remaining courses from: 70-339 FinTech 70-353 Financial Regulation in the Digital Age 70-398 International Finance 70-484 Data Science for Finance 70-490 Big Data in Finance and Machine Learning 70-493 Valuation and Financial Modeling 70-497 Derivative Securities 70-498 Business Language Analytics: Mining Financial Texts and Graphs 73-338 Financial Crises and Risk

Global Economics and Business

Required: 73-265 Economics and Data Science Choose 1 course from: 73-347 Game Theory Applications for Economics and Business 73-421 Emerging Markets Choose 2 remaining courses from: 70-398 International Finance 73-338 Financial Crises and Risk 73-341 Managing through Incentives 73-365 Firms, Market Structures, and Strategy 73-366 Designing the Digital Economy 73-372 International Money and Finance 73-427 Sustainability, Energy, and Environmental Economics OPERATIONS MANAGEMENT Required: 70-460 Mathematical Models for Consulting 70-471 Supply Chain Management Choose 2 remaining courses from: 70-373 Sustainable Operations 70-422 Managerial Accounting 70-447 Client Consulting Project: Strategic Management of the Enterprise 70-453 Business Technology for Consulting or 70-462 Uncertainty and Risk Modeling 70-474 Quality Principles and Productivity 70-476 Service Operations Management 70-477 Real Options: Creating Value Beyond NPV 70-493 Valuation and Financial Modeling

Marketing Management

Required: 70-481 Marketing Research Choose 3 remaining courses from: 70-385 Consumer Behavior 70-443 Digital Marketing and Social Media Strategy 70-482 Pricing Strategy 70-483 Advertising and Marketing Communications 70-485 Product and Brand Management

Strategic Management

Choose 1 course from: 70-437 Strategic Management and Innovation 70-440 Corporate Strategy 70-465 Technology Strategy Choose 3 remaining courses from: 70-341 Team Dynamics and Leadership 70-342 Managing Across Cultures 70-385 Consumer Behavior 70-424 Corporate Financial Reporting 70-437 Strategic Management and Innovation 70-440 Corporate Strategy 70-465 Technology Strategy Additional Major/Dual Degree Additional Major in Business Administration Students are eligible to apply for the Additional Major in Business Administration after completion of the Minor in Business Administration requirements plus 21-120 Differential and Integral Calculus and 70-

or 21-292 Operations Research I 70-469 End to End Business Analytics 9

Business Foundations Elective ( choose one ):

70-122 Introduction to Accounting 9 73-102 Principles of Microeconomics 1 9 70-311 Organizational Behavior 9 70-371 Operations Management 9 70-381 Marketing I 9 70-391 Finance 9 (^1) Students may not use the 73-102 pre-requisite waiver to satisfy this requirement.

Technical Elective ( choose one ):

70-208 Regression Analysis 9 70-374 Data Mining & Business Analytics 9 70-455 Data Management Fundamentals 9 70-458 Advanced Data Management 9 70-460 Mathematical Models for Consulting 9 70-462 Uncertainty and Risk Modeling 9 70-467 Machine Learning for Business Analytics 9 73-374 Econometrics II 9 15-388 Practical Data Science 9 Double-Counting Restriction Students pursuing the minor in Business Analytics and Optimization may double-count one minor course with any other major or minor requirements. Students may not double count courses within the Business Analytics and Optimization minor requirements. There are no double counting restrictions between the minor and the student's home college general education requirements. Minor in Innovation & Entrepreneurship (IDeATe) The minor in Innovation & Entrepreneurship is offered by the Tepper School of Business as part of the Integrative Design, Arts and Technology (IDeATe) network. IDeATe offers students the opportunity to become immersed in a collaborative community of faculty and peers who share expertise, experience, and passions at the intersection of arts and technology. Students will engage in active "learning by doing" in state-of-the-art maker spaces. The program addresses current and emerging real-world challenges that require disciplinary expertise coupled with multidisciplinary perspectives and collaborative integrative approaches. The IDeATe undergraduate curriculum consists of ten areas, all of which can also be taken as minors. The themes of these areas integrate knowledge in technology and arts: Game Design, Animation & Special Effects, Media Design, Design for Learning, Sonic Arts, Innovation and Entrepreneurship, Intelligent Environments, Physical Computing, Soft Technologies, and Immersive Technologies in Arts & Culture. For more information about IDeATe, please see the Undergraduate Options (http://coursecatalog.web.cmu.edu/aboutcmu/undergraduateoptions/ #ideate) section of the Catalog. The minor in Innovation and Entrepreneurship is a cross-university initiative that brings together STEM disciplines with arts, humanities, and business. In this minor, you will work collaboratively in hands-on explorations of the complete 21st century innovation ecosystem. You will experience integrated models of innovation that increase the likelihood of home-run products and services that will captivate society and/or the marketplace. Your contributions can fulfill deep-felt needs or connect culture and lifestyle in a way that galvanizes users and customers. Leveraging the diverse maker culture of Carnegie Mellon, this minor involves collaborative rapid prototyping and iteration.

Innovation & Entrepreneurship Minor Requirements

One Business Course

Units 70-100 Global Business 9 70-106 Business Science 9

One Portal Course

For students without prior design or product design experience, one of the following: Units 15-294 Special Topic: Rapid Prototyping Technologies 5 15-394 Intermediate Rapid Prototyping 5 51-236 Information Design 9 62-478 IDeATe: digiTOOL 9 For students without prior programming or computer science experience: Units 15-104 Introduction to Computing for Creative Practice 10

One Entrepreneurship Course

Units 70-415 Introduction to Entrepreneurship 9

One Venture Creation Course

Units 70-395 Funding Entrepreneurial Ventures 9 70-416 New Venture Creation 9

One Innovation Process Course

Units 70-438 Commercialization and Innovation 9

One Product Development Course

Units 49-300 Integrated Product Conceptualization 12 49-313 Designing for the Internet of Things 12

Practice/Experience

Multiple possibilities, including:

  • 70-416 New Venture Creation (if you did not take it as your Venture Creation option)
  • The Swartz Center for Innovation and Entrepreneurship Innovation Scholars Program (http://www.cmu.edu/swartz-center-for- entrepreneurship/education-and-resources/experiential-learning/ innovation-scholars/)
  • The Swartz Center for Innovation and Entrepreneurship Project Olympus Probe (http://www.cmu.edu/swartz-center-for-entrepreneurship/ education-and-resources/project-olympus/probes/student-probe- projects.html) - Working on your own startup (12 weeks full-time in summer or throughout one full academic year);
  • Students may also, with prior approval of the Executive Director of the Swartz Center, Dave Mawhinney, fulfill this requirement through an internship with a qualifying startup or product design firm (12 weeks, full-time). If interested in this option, students should contact Dave Mawhinney (http://www.cmu.edu/swartz-center-for-entrepreneurship/ about/staff.html) during their internship search.

Double-Counting

No more than two minor courses may double-count toward a student's major core requirements or an additional minor's core requirements. Minor in Operations & Supply Chain Management Students interested in study with a focus mainly on operations, logistics, and supply chain may choose this alternative business-related minor. Even though one of the requirements is a course in engineering project management, the minor is NOT limited to engineering students. Students are eligible to declare the Minor in Operations and Supply Chain Management upon completion of two required courses for the minor. In addition, students must earn a 2.0 QPA in these required courses. Required: 73-102 Principles of Microeconomics 1 9 70-371 Operations Management 9 70-257 Optimization for Business 9 or 21-257 Models and Methods for Optimization or 21-292 Operations Research I

70-471 Supply Chain Management 9 70-460 Mathematical Models for Consulting 9 or 70-477 Real Options: Creating Value Beyond NPV (^1) If a student successfully passes the 73-102 waiver, this requirement is waived and the student must take an additional 9 units of business electives (70-xxx). The electives cannot include the Business Leadership Endeavor courses (70-104 Business Leadership Endeavor I, 70-204 Business Leadership Endeavor II, 70-304 Business Leadership Endeavor III) and Independent Study/Internship courses. Engineering Project Management - choose one: 06-421 Chemical Process Systems Design 12 12-411 Project Management for Engineering and Construction

18-540 Rapid Prototyping of Computer Systems 12 18-578 Mechatronic Design 12 19-451-19-452 EPP Projects I-II 24 24-370 Engineering Design I: Methods and Skills 12 27-399 Professional Development II 1 42-402 BME Design Project 9 88-451-88-452 Policy Analysis Senior Project-Policy Analysis Senior Project

Some courses have prerequisites that might include specific mathematics or other Business courses. These may be found in the course descriptions and should be discussed with a Business advisor. Double-Counting Restriction Students pursuing the minor in Operations and Supply Chain Management may double-count two minor courses with requirements outside the minor. There are no double counting restrictions between the minor and the student's home college general education requirements. Policies & Procedures Policies and procedures are listed below; additional policies and resources are in the Business Administration Student Handbook on the Tepper School Undergraduate Programs website.

Academic Standing

The Tepper School believes that each student can be successful in their academic pursuits. Academic actions are interventions to support student success and create opportunities to reflect and utilize additional campus resources. Each student’s academic pathway is unique and the Tepper School is committed to partnering with students as they learn and grow as future business leaders. At the end of each semester, a student's academic progress and performance is reviewed by the Academic Actions Committee to determine student standing in the next academic semester.

Academic Progress

UBA students are expected to make adequate academic progress to ensure they complete their Business Administration degree within eight semesters. For most students, this means enrolling and completing at least 45 units per semester as they work to complete business degree requirements. There are key barometers that the UBA program uses to inform academic progress: 1) by the end of a student's fourth semester in the business program, the UBA program expects that a student has successfully completed at least 40% of business foundation and business core classes (A-D grades). This translates to 8 different 9-unit courses that fulfill the requirements in the business foundation and business core courses; 2) and at the completion of a student's sixth semester in the business program, the student has a declared minor and business concentration; 3) maintain a QPA at or above 2.0; 4) complete 36+ units per semester. Students earning less than 36 units in any given semester may be considered by the Academic Actions Committee due to lack of academic progress. There are times when it is appropriate for students to enroll and complete less than 45 units and students should consult with their advisor to make the decision that is best for their immediate and long-term success. If a student enrolls and completes less than 45 units, they may be reviewed by the Academic Actions Committee to ensure they are making adequate progress toward degree completion.

Good Standing (Departmental Status)

To graduate in eight semesters, students need to earn an average of 45 units per semester and maintain at least a 2.0 QPA.

Concern Status (Departmental Status)

Students who are not making adequate progress toward the degree, demonstrated either through QPA or semester course load, may receive a concern notification. Receiving the letter of concern notifies students that they need to engage with their advisor to reflect on their academic performance, address their progress, and determine a plan for success. Students who receive a letter of concern are required to complete an Academic Success Plan with their advisor (instructions are included in the notification).

Academic Probation (Departmental Status)

Students with a semester QPA below 2.0 and/or did not earn at least 36 factorable units are reviewed for departmental probation. Students with a cumulative QPA below 2.0 may also be placed on probation. When a student is placed on probation, the Academic Actions Committee identifies expectations during the upcoming semester to support student success that must be met. Students on probation are required to complete an Academic Success Plan with their advisor (instructions are included in the notification). Students with probation status are not permitted to overload. Students with probation status will be reviewed by the UBA Academic Actions Committee at the end of their probation semester. Students will return to good standing if they meet their probation expectations, earn at least a 2.0 semester QPA, complete at least 36 units, and earn a cumulative QPA at or above 2.0.

Academic Suspension (University Status, Departmental Decision)

Students who do not meet their probation requirements qualify for academic suspension. When a student is academically suspended, the UBA program remains committed to student success and works with students on suspension throughout the suspension in targeted ways to ensure a successful return and sustained recovery during their CMU career. When a student is placed on academic suspension, they must meet with their academic advisor and the assistant dean to develop a plan for their future success. There are three phases that define the BA framework: phase one (immediately after academic suspension decision); phase two (during the academic suspension); phase three (preparing for the return). Information about these phases is provided in the academic suspension notification. Each phase includes advisor outreach to check-in with the student. While on academic suspension, there are impacts (https://www.cmu.edu/hub/ registrar/leaves-and-returns/impacts.html) for students to be aware of while away. To return from academic suspension, UBA students are required to submit material for review to determine if a student is permitted to return. Information about the materials required to return from academic suspension and the deadline for submission are communicated within the academic actions letter. The University defines the suspension policy (https://www.cmu.edu/policies/student-and-student-life/suspension-required- withdrawal-policy.html): University Suspension is a forced, temporary leave from the university… Academic Suspension is the result of poor academic performance or violation of academic regulations and is imposed by the student's college or academic department (see university and college academic policies).

Final Probation (Departmental Status)

Following an academic suspension, UBA students return on final probation. When a student is placed on final probation, the Academic Actions Committee identifies conditions during the probation semester that must be met to support student success. Students on final probation are required to complete an Academic Success Plan with their advisor (instructions are included in the notification) and follow additional conditions outlined by the Academic Actions Committee. Students with final probation status will be reviewed by the UBA Academic Actions Committee at the end of the semester.

Drop (University Status)

Drop means permanent expulsion from the Tepper School. This normally follows a student’s failure to meet minimal academic performance while on final probation following academic suspension.

Appeals

Students have the right to appeal Academic Actions Committee decisions to the Tepper School Dean or their appointed designee. All appeals must be received in writing by the deadline printed in the academic standing notification. Additional information about appealing an Academic Actions’ decision is found in The Word: Student Handbook.

PASS grades

There is a limit of 9 units of “P” that students may apply toward the 364 units needed for the Business Administration degree (this excludes C@CM). Exceptions are available for students who earned P grades during Spring

SEMESTER OVERLOAD

A course overload for a business student is any schedule with more than 51 units in Fall or Spring semester or more than 24 units in Summer I or Summer II. Students must petition to receive a semester overload. For Fall and Spring semesters, UBA students petition to enroll in more than 51 units for the semester to total 57 units. For both Summer I and Summer II, UBA students are eligible to enroll in 24 total units and can petition for 3 additional units to total 27 units per term. Students must meet the identified QPA threshold to petition for an overload. Petitions are reviewed and determined by the Tepper School. Students transferring into the UBA program as cross-campus transfers may be required to reduce their unit load to meet the UBA policy of 51 units per semester. New first-year or external transfer students are restricted to 50 units in their first semester and are not eligible to overload until they complete one semester. A student may lose the right to overload if their QPA drops below the threshold after an overload for the next semester has been granted.

STUDENT DEFINED MAJOR

Carnegie Mellon offers the opportunity for undergraduate students to pursue a University Self-Defined Major (SDM). Business students interested in this opportunity should begin by speaking with the Assistant Dean. Tepper requires students pursuing the SDM to be in good academic standing at the time the SDM is approved by Tepper as the home college.

STUDENTS PURSUING BUSINESS MINORS OR

ADDITIONAL MAJOR

For non-business students who completed 70-106 as a primary business major and subsequently pursue the business administration minor, 70- can substitute for 70-100. 70-106 is not an allowed substitute in any other circumstance. Students majoring in Mathematics and concentrate in Operations Research who elect to pursue a business administration minor must take an additional constrained elective unique to the minor to avoid a violation of the double- count policy.

Transferring into Business

The Business Administration program accepts applications for transfer admission from any academic institution outside of Carnegie Mellon University on a limited basis. Students interested in transfer should contact Carnegie Mellon's Office of Admission. The program also accepts applications for transfer from current Carnegie Mellon students who are in other academic programs to begin in either the fall or spring semester. To be considered as a transfer applicant, a student must have successfully completed a Carnegie Mellon math course required in the business program (21-120 Differential and Integral Calculus, 21-256 Multivariate Analysis, 21-254 Linear Algebra and Vector Calculus for Engineers, or 21-259 Calculus in Three Dimensions) and 73- Principles of Microeconomics. An applicant must also provide a resume and personal statement as part of the application. Current students interested in transferring must complete the internal transfer application by the deadline (always the last day of class in the semester). Successful transfer is limited by space.

University Core Policies/GENERAL EDUCATION

University Core Free Electives cannot be met by 70-xxx or 73-xxx courses (courses must be taken outside of the business curriculum). Independent study and/or research may count towards the University Core Free Electives as long as the sponsoring department is not Business or Economics. StuCo and Physical Education courses do not count as University Core Free Electives. Transfer courses (including study abroad) pre-approved for transfer equivalency can count in Scientific Reasoning, Informational Literacy, or Global, Cultural, and Diverse Perspectives or in University Core Free Electives. Courses cannot double count for multiple requirements within the University Core. Full-Time Faculty MUSTAFA AKAN, Associate Professor of Operations Management – Ph.D., Northwestern University; Carnegie Mellon, 2008– JAMES F. ALBERTUS, Assistant Professor of Finance – Ph.D., New York University; Carnegie Mellon, 2016– LAURENCE ALES, Associate Professor of Economics – Ph.D., University of Minnesota; Carnegie Mellon, 2008– SEAN AMMIRATI, Distinguished Service Professor of Entrepreneurship – B.S. Computer Information Systems, Grove City College; Carnegie Mellon, 2002– JAY APT, Professor Emeritus – Ph.D., Massachusetts Institute of Technology; Carnegie Mellon, 2000– LINDA ARGOTE, Thomas Lord Professor of Organizational Behavior and Theory; Director, Center of Organizational Learning, Innovation and Knowledge – Ph.D., University of Michigan; Carnegie Mellon, 1979– BRANDY L. AVEN, Associate Professor of Organizational Theory, Strategy, and Entrepreneurship – Ph.D., Stanford University; Carnegie Mellon, 2010– ISABELLE BAJEUX-BESNAINOU, Dean; Professor of Finance – Ph.D. , University of Paris; Carnegie Mellon, 1989– KATHRYN BARRACLOUGH, Associate Teaching Professor of Finance; Associate Dean, Masters Programs – Ph.D., Australian National University; Carnegie Mellon, 2015– ILKER BAYBARS, Deputy Dean Emeritus, Tepper School of Business; George Leland Bach Chair; Professor of Operations Management – Ph.D., Carnegie Mellon University; Carnegie Mellon, 1979– JAMES A. BEST, Assistant Professor of Economics – Ph.D., University of Edinburg; Carnegie Mellon, 2018– CARLA BEVINS, Assistant Teaching Professor of Business Communication – Ph.D., University of Kentucky; Carnegie Mellon, 2017– ROBERT BLATTBERG, Timothy W. McGuire Distinguished Service Professor of Marketing – Ph.D., Carnegie Mellon University; Carnegie Mellon, 1971– PETER BOATWRIGHT, Allan D. Shocker Professor of Marketing and New Product Development; Co-Director, Integrated Innovation Institute – Ph.D., University of Chicago; Carnegie Mellon, 1997– PIETRO BONALDI, Assistant Professor of Accounting – Ph.D., University of Chicago; Carnegie Mellon, 2017– ARTHUR BONI, The John R. Thorne Distinguished Career Professor of Entrepreneurship, Emeritus – Ph.D., University of California, San Diego; SERRA BORANBAY-AKAN, Assistant Teaching Professor of Economics – Ph.D., Northwestern University; Carnegie Mellon, 2013– CLARA BURKE, Associate Teaching Professor of Business Communication – Ph.D., University of Wisconsin-Madison; Carnegie Mellon, 2015– DAVID CHILDERS, Assistant Professor of Economics – Ph.D., Yale University; Carnegie Mellon, 2017– SOO-HAENG CHO, Professor of Operations Management – Ph.D., University of California, Los Angeles; Carnegie Mellon, 2008– ROSALIND M. CHOW, Associate Professor of Organizational Behavior and Theory – Ph.D., Stanford University; Carnegie Mellon, 2008– TAYA R. COHEN, Associate Professor of Organizational Behavior and Business Ethics – Ph.D., University North Carolina, Chapel Hill; Carnegie Mellon, 2010– GERARD CORNUÉJOLS, IBM University Professor of Operations Research, Emeritus – Ph.D., Cornell University; Carnegie Mellon, 1978– ROBERT DALTON, Associate Teaching Professor of Economics, Emeritus – Ph.D., University of Missouri; Carnegie Mellon, 1985– ROBERT M. DAMMON, Richard C. Green Professor of Financial Economics – Ph.D., University of Wisconsin, Madison; Carnegie Mellon, 1984– TETIANA DAVYDIUK, Assistant Professor of Finance – Ph.D., University of Pennsylvania; Carnegie Mellon, 2017– EMILY DEJEU, Assistant Teaching Professor of Business Communication – Ph.D., Carnegie Mellon University; Carnegie Mellon, 2022– MATTHEW DENES, Assistant Professor of Finance and Entrepreneurship – Ph.D., University of Washington; Carnegie Mellon, 2017– ABBE DEPRETIS, Assistant Teaching Professor of Business Communication – Ph.D., University of Maryland; Carnegie Mellon, 2017–

TIMOTHY P. DERDENGER, Associate Professor of Marketing and Strategy – Ph.D., University of Southern California; Carnegie Mellon, 2009– KENNETH B. DUNN, Professor of Financial Economics, Emeritus – Ph.D., Purdue University; Carnegie Mellon, 1979– DENNIS N. EPPLE, Thomas Lord University Professor of Economics – Ph.D., Princeton University; Carnegie Mellon, 1974– SELMAN EROL, Assistant Professor of Economics – Ph.D., University of Pennsylvania; Carnegie Mellon, 2017– AMR FARAHAT, Associate Teaching Professor of Business Analytics – Ph.D., Massachusetts Institute of Technology; Carnegie Mellon, 2004– AMR FARAHAT, Associate Teaching Professor of Business Communication and Acting – MFA, The University of Texas at Austin; Carnegie Mellon, 2003– MARK FICHMAN, Associate Professor of Organizational Behavior and Theory, Emeritus – Ph.D., University of Michigan; Carnegie Mellon, 1980– CHRISTINA FONG, Research Scientist, Department of Social and Decision Sciences, Dietrich College – Ph.D., University of Massachusetts; Carnegie Mellon, 2000– JEFFREY GALAK, Associate Professor of Marketing – Ph.D., New York University; Carnegie Mellon, 2009– JOHN GASPER, Associate Teaching Professor of Economics – Ph.D., Carnegie Mellon University; Carnegie Mellon, 2008– BRENT GLOVER, Associate Professor of Finance – Ph.D., University of Pennsylvania; Carnegie Mellon, 2011– DAVID GOYETTE, Associate Teaching Professor of Business Communication and Acting MEREDITH GRELLI, Assistant Teaching Professor of Entrepreneurship – MBA, Carnegie Mellon University; OLIVER HAHL, Assistant Professor of Organizational Behavior and Strategy – Ph.D., Massachusetts Institute of Technology; Carnegie Mellon, 2013– DALE HERSHEY, Associate Teaching Professor of Law, Emeritus – LL.B., Harvard Law School; Carnegie Mellon, 1987– GEOFFREY HITCH, Associate Teaching Professor of Acting and Business Communication – M.F.A., Carnegie Mellon; Carnegie Mellon, 1992– BURTON HOLLIFIELD, Associate Dean of Undergraduate Programs, PNC Professor of Finance; Professor of Financial Economics – Ph.D., Carnegie Mellon; Carnegie Mellon, 1998– JOHN HOOKER, T. Jerome Holleran Univerity Professor of Business Ethics and Social Responsibility; Professor of Operations Research, Emeritus – Ph.D., Vanderbilt University; University of Tennessee; Carnegie Mellon, 1984 – YAN HUANG, Associate Professor of Business Technologies – Ph.D., Carnegie Mellon University; Carnegie Mellon, 2018– RUBAB JAFRY-O'CONNOR, Distinguished Service Professor of Management – Ed.D., University of Pittsburgh; Carnegie Mellon, Carnegie Mellon 2019– ZHAOHUI (ZOEY) JIANG, Assistant Professor of Busines Technologies – Ph.D., University of Michigan; Carnegie Mellon, 2020– JOSEPH B. KADANE, Leonard J. Savage University Professor of Statistics and Social Sciences, Emeritus – Ph.D., Stanford University; Carnegie Mellon, 1969– WILLIAM KAIGLER, Distinguished Service Professor of Entrepreneurship – MSIA, Carnegie Mellon University; Carnegie Mellon, 2016– KARAM KANG, Associate Professor of Economics – Ph.D. , University of Pennsylvania; Carnegie Mellon, 2012– SHAM KEKRE, Distinguished Service Professor of Operations Management – Ph.D., University of Rochester; Carnegie Mellon, 1984– SUNDER KEKRE, Vasantrao Dempo Professor; Professor of Operations Management; Academic Director Executive Education – Ph.D., University of Rochester; Carnegie Mellon, 1984– ROBERT KELLEY, Distinguished Service Professor of Organizational Behavior and Theory – Ph.D., Colorado State University; Carnegie Mellon, 1977– FATMA KILINC-KARZAN, Associate Professor of Operations Research; Frank A. and Helen E. Risch Faculty Development Professor of Business – Ph.D., Georgia Institute of Technology; Carnegie Mellon, 2011– TAE WAN KIM, Associate Professor of Business Ethics; Xerox Junior Faculty Chair – Ph.D. , University of Pennsylvania; Carnegie Mellon, 2012– CLAUDIA A. KIRKPATRICK, Associate Teaching Professor of Business Management Communication, Emerita – D.A., Carnegie Mellon University; Carnegie Mellon, 1982– DAVID KRACKHARDT, Professor of Organizations, H. John Heinz III College and Joint Appointment at Tepper School of Business – Ph.D., University of California, Irvine; Carnegie Mellon, 1991– ROBERT E. KRAUT, Herbert A. Simon Professor of Human-Computer Interaction, Emeritus, School of Computer Science and Joint Appointment at Tepper School of Business – Ph.D., Yale University; Carnegie Mellon, 1993– LARS-ALEXANDER KUEHN, Associate Professor of Finance – Ph.D., University of British Columbia; Carnegie Mellon, 2008– ALEXEY KUSHNIR, Assistant Professor of Economics – Ph.D., Pennsylvania State University; Carnegie Mellon, 2014– FINN KYDLAND, The Richard P. Simmons Distinguished Professorship; University Professor of Economics; Emeritus; Nobel Laureate (2004) – Ph.D., Carnegie Mellon University; Carnegie Mellon, 1977– DAVID L. LAMONT, Associate Teaching Professor; Director, Management Games – M.S.I.A., Carnegie Mellon University; Carnegie Mellon, 1984– DEREK LEBEN, Associate Teaching Professor of Business Ethics – Ph.D., Johns Hopkins University; Carnegie Mellon, 2012– SUNKEE LEE, Assistant Professor of Organizational Theory and Strategy – Ph.D., INSEAD; Carnegie Mellon, 2017– REBECCA LESSEM, Associate Professor of Economics – Ph.D., University of Wisconsin-Madison; Carnegie Mellon, 2011– ANDREW A. LI, Assistant Professor of Operations Research – Ph.D. , Massachusetts Institute of Technology; Carnegie Mellon, 2018– PIERRE JINGHONG LIANG, Professor of Accounting – Ph.D., University of Florida; Carnegie Mellon, 1998– YUCHENG LIANG, Assistant Professor of Accounting – Ph.D., Stanford Graduate School of Business; Carnegie Mellon, 2020– ZACHARY CHASE LIPTON, Assistant Professor of Accounting – Ph.D., University of California, San Diego; Carnegie Mellon, Expected 2018– TONG (JOY) LU, Assistant Professor of Marketing – Ph.D., University of Pennsylvania; Carnegie Mellon, 2018– CRAIG MARKOVITZ, Distinguished Service Professor of Entrepreneurship; Entrepreneur-in-Residence, Swartz Center – MBA, DePaul University; Carnegie Mellon, 2017– JOHN H. MATHER, Teaching Professor of Marketing, Emeritus – Ph.D., University of Arizona; Carnegie Mellon, 1992– DAVID S. MAWHINNEY, Associate Teaching Professor of Entrepreneurship; Executive Director of the Swartz Center for Entrepreneurship; Executive Director, Donald H. Jones Center for Entrepreneurship – MBA, Carnegie Mellon University; Carnegie Mellon, 2011– BENNETT T. MCCALLUM, H. J. Heinz Professor of Economics, Emeritus – Ph.D., Rice University; Carnegie Mellon, 1981– J. PATRICK MCGINNIS, Distinguished Career Professor of Business Management Communication, Carnegie Mellon-Qatar – M.A., Pittsburg State University; Carnegie Mellon, 1999– ROBERT M. MILLER, Richard M. Cyert and Morris DeGroot Professorship in Economics and Statistics; Professor of Economics and Strategy – Ph.D., University of Chicago; Carnegie Mellon, 1982– ROBERT T. MONROE, Teaching Professor of Business Technologies; Director, Part-Time Online Hybrid MBA Program – Ph.D., Carnegie Mellon; Carnegie Mellon, 2004– ALAN MONTGOMERY, Professor of Marketing; Executive Director, Center for Marketing Technology and Information; Head, Ph.D. Program – Ph.D., University of Chicago; Carnegie Mellon, 1999– BENJAMIN MOSELEY, Carnegie Bosch Associate Professor of Operations Research – Ph.D., University of Illinois; Carnegie Mellon, 2018– D. CARRINGTON MOTLEY, Presidential Post-Doctoral Fellow in Entrepreneurship – Ph.D., Standford University; Carnegie Mellon, 2022– TRIDAS MUKHOPADHYAY, Deloitte Consulting Professor of e-Business; Professor of Business Technologies – Ph.D., University of Michigan; Carnegie Mellon, 1986– NICHOLAS Z. MULLER, Professor of Economics, Engineering, and Public Policy (joint with the Department of Engineering and Public Policy, College of Engineering; Lester and Judith Lave Development Chair in Economics,

Adjunct Faculty STEVEN BOLLINGER, Adjunct Professor of Entrepreneurship RICHARD L. BRYANT, Adjunct Professor of Business; Executive Director, Master of Science in Computational Finance Program – M.B.A., Carnegie Mellon University; Carnegie Mellon, 1999– LEONARD CARIC, Adjunct Professor of Entrepreneurship – M.S.I.A., Carnegie Mellon University; Carnegie Mellon, 1994– CLYDE (NED) COLLINS, Adjunct Professor of Entrepreneurship – M.B.A., Carnegie Mellon University; Carnegie Mellon, 2004– PATRICK COLLETTI, Adjunct Professor of Entrepreneurship CHRIS CYNKAR, Adjunct Professor of Entrepreneurship – M.S.I.A., Carnegie Mellon University; Carnegie Mellon, 2008– L. FRANK DEMMLER, Adjunct Professor of Entrepreneurship – M.B.A., University of California at Los Angeles; Carnegie Mellon, 2002– JOSEPH HORNACK, Adjunct Professor of Law – J.D., Rutgers University; Carnegie Mellon, 1981– ELAINE HYDER, Adjunct Professor of Organizational Behavior and Theory – Ph.D., Carnegie Mellon University; Carnegie Mellon, 2009– HARRIS JONES, Adjunct Professor of Entrepreneurship – MBA, University of Virginia; Carnegie Mellon, 1991– MELISSA MURPHY, Adjunct Professor of Marketing – B.A., University of Pittsburgh; Carnegie Mellon, 2013– BRIAN NEJMEH, Adjunct Professor of Management ADAM PAULISICK, Adjunct Professor of Entrepreneurship JOSEPH RUDMAN, Adjunct Professor of Business Communication – D.A., Carnegie Mellon University; Carnegie Mellon, 1974– MARIA TOMPROU, Adjunct Professor of Organizational Behavior and Theory – Ph.D., Athens University of Economics and Business; Carnegie Mellon, 2018–