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Caption: Board of Trustees Minutes - 1960 This is a reduced-resolution page image for fast online browsing.
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300 BOARD OF TRUSTEES [February 19 a background in commerce and business administration. T h e purpose of the School will be to provide a breadth of training rather than specialization with emphasis on preparation for administrative and executive positions. T h e School will exist as an educational division of the Graduate College and will have the same relationship to it as other graduate departments. In accordance with the usual procedures all courses, curricula, and recommendations to the teaching faculty will be submitted to the Graduate College for approval. T h e administrative responsibilities of the School will be assigned to a Director. Budget requests for operation will be presented through the usual University channels. T h e School will offer the proposed new programs described below. It is also recommended that the professional program leading to the degree of Master of Accounting Science, established in 1958, be transferred to the Graduate School of Business Administration. This recommendation has also been cleared with the Senate Coordinating Council, and I concur. On motion of Mr. Johnston, this recommendation was approved. G r a d u a t e School of Business A d m i n i s t r a t i o n A cademic Requirements All students must meet the academic standards of the Graduate College with respect to admission requirements and progress toward the degree. Degree Requirements 1. Master of Business Administration. This is a two-year program for students who hold a bachelor's degree in any field. A candidate for this degree must complete four semesters or the equivalent in residence and must earn at least sixteen units of graduate credit selected from the proposed new courses listed below, from graduate courses previously approved, and from additional courses which may be submitted at a later date. Each student must take at least one course in each of the following areas of business study: accountancy, economics, finance, management, marketing, and statistics. Certain courses will be required, but both the required and elective courses will be arranged to fit the student's particular needs, based on his previous preparations and his interests. T h e program does not permit specialized education in one or more areas of business. 2. Master of Commerce. This is a one-year program restricted to students who hold a bachelor's degree from a recognized school of business. A candidate for this degree must complete two semesters of residence or the equivalent, and must earn at least eight units of credit selected from the courses listed for the Master of Business Administration and under the same conditions. 3. Doctor of Business Administration. This program will require two additional years of residence beyond the Master of Business Administration or the Master of Commerce. These two years will consist of one additional year of course work (eight units), a comprehensive preliminary examination, a year devoted to the study and preparation of a thesis (eight units), and a final examination. Since this is a professional degree, there is no foreign language requirement. New Professional Courses in Business Administration T h e following new professional courses in business administration will be established as a part of this program: Business Administration 501, Business Economics; 502, Managerial Economics; 511, Analysis of American Industries; 521, Problems of Marketing; 522, Market and Sales Analysis; 530, American Business T r a d i t i o n s ; 531, Legal Problems of Business Management; 541, Managerial Accounting and Control; 542, Industrial Cost Accounting; 543, Financial and Interpretive Accounting; 544, Controllership; 554, Financial Analysis; 555, Financial Policy; 571, Statistical Controls for Management; 581, Business Communications; 599, Thesis Research. DIRECTOR OF GRADUATE SCHOOL OF BUSINESS ADMINISTRATION (8) I recommend that Dean Paul M. Green of the College of Commerce and Business Administration be appointed Director of the Graduate School of Busi-
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