Repository: UIHistories Project: Board of Trustees Minutes - 1992 [PAGE 267]

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1993]

UNIVERSITY OF ILLINOIS

255

both complements studies in other disciplines and contributes to them by developing students' abilities to think clearly and reason well. Since it is not to be expected that large numbers of students will elect to minor in philosophy, those who do should be accommodated easily in the two required courses and in the wide range of other courses from which they can select. Eliminate the Teacher Education Minor in Accountancy for non-Commerce Majors, College of Commerce and Business Administration and Council on Teacher Education, Urbana The Urbana-Champaign Senate has approved a proposal to eliminate the Teacher Education Minor in Accountancy for non-Commerce majors. During the past 18 years, only three students have completed this teacher education minor. Departments of Business Education at the high school level typically employ teachers with majors in Business Education (preferably with an Accounting Area of Specialization) to teach accounting courses. In addition, requirements for this minor do not currently satisfy State certification requirements for teaching accounting. Thus, the minor is no longer needed. This report was received for record. Comptroller's Report of Contracts Quarter Ended March 31, 1993 (36) The comptroller submitted the quarterly report of contracts. The report included contractual agreements for payments to the University in amounts of $50,000 or more and for payments made by the University for subcontracts under sponsored research agreements. A copy of this report is filed with the secretary. This report was received for record. Comptroller's Financial Report Quarter Ended March 31, 1993 (37) The comptroller presented his quarterly report as of March 31, 1993. A copy has been filed with the secretary of the board. This report was received for record. Comptroller's Report of Investment Transactions Quarter Ended March 31, 1993 (38) The comptroller presented the above report which includes transactions under Finance and Audit Committee guidelines and transactions under the comptroller's authority. A copy of this report is filed with the secretary of the board. This report was received for record. SECRETARY'S REPORT The secretary presented for record appointments to the faculty and changes of status made by the president, resignations, terminations, and retirements. A copy of the report is filed with the secretary.