The curriculum of the Bachelor of Business Administration degree (BBA) is designed to provide an educational base for a lifetime of learning to enable each student to realize his or her potential. To accomplish this mission, educational goals have been identified to develop in each student: 1) a management outlook toward organizations and the ability to work with others to accomplish common goals; 2) the ability to organize information for analysis and decision making; 3) an understanding of the standards of professional behavior which are consistent with ethical precepts; 4) an awareness of the attributes necessary to attain positions of leadership; 5) an understanding of innovation and the importance of agents of change in society; 6) a global perspective; and 7) an understanding of the changing societal, political, legal, and cultural environments that organizations face.
Students major in either accounting or business administration to earn a BBA degree. The BBA academic program is a three-year, integrated body of study. Since the program is integrated, the courses are sequenced so that each course is taught with the assumption that the students in the class have a common academic background. To insure educational diversity, at least fifty percent (usually 64 or more semester hours) must be non-business courses. Up to 9 semester hours of economics courses may be considered as nonbusiness courses.
Students pursuing the BBA must complete Survey of Calculus (or Analytical Geometry and Calculus I), or higher level mathematics and Elementary Statistics. These courses will be completed before commencing junior-level courses. The mathematics requirement may satisfy the Core 8 and 9 requirements. Sophomore-level BBA core courses will be completed before commencing junior-level BBA courses.
Eight core courses, for a totaling 32 semester hours, are required of all BBA students in addition to the courses required for the particular major, business administration or accounting. The business administration major includes the BBA core courses plus Business Strategy and 12 semester hours of Else School electives which totals 48 semester hours. Students planning to complete degree requirements and leave the College at the end of a fall semester must take Management 4900, Business Strategy, in the spring of the preceding academic year. The accounting major includes the BBA core courses and 32 additional semester hours (8 courses) for a total of 64 semester hours. Courses should be taken in the sequence prescribed. The BBA core courses are:
Requirements for the Business Administration Major
A minimum of 48 semester hours are required to earn the BBA degree in business administration. In addition to the BBA core, students pursuing a major in business administration must complete Business Strategy , to be taken in the senior year, and three Else School elective courses.
Requirements for the Accounting Major
Students pursuing the BBA with a major in accounting must complete a minimum of 64 semester hours, including the BBA core, Intermediate Accounting I and II , Cost Accounting , Federal Taxation of Income , Advanced Financial Accounting , Auditing , Business Law , and Senior Seminar in Accounting.
Requirements for Minor in Business Administration
A student may elect a minor in business administration by completing Principles of Economics, Principles of Financial Accounting, Introduction to Management, and any two of the following Else School courses: Principles of Corporate Finance, Fundamentals of Marketing, or Operations Management with Computing. This is a total of 20 semester hours for the minor in business administration. Minors in accounting are not offered.
Students may transfer from other schools and pursue the BBA at the Else School, but at least fifty percent of the BBA course work must be taken at Millsaps. For the administration major, this means at least 24 semester hours of BBA coursework must be completed at Millsaps. For the accounting major, it means 32 semester hours of BBA course work must be completed at Millsaps. Transfer students may receive credit for Principles of Accounting and Principles of Economics if they passed with a grade of "C" or better at their previous institution six hours of Principles of Accounting and Principles of Economics. They must, however, take the four junior-level BBA core courses at Millsaps.
Credit for junior and senior-level courses taken at other four-year colleges will be evaluated on an individual basis by the Else School. For business administration majors, Business Strategy (Mgmt 4000) must be taken at Millsaps; and for accounting majors, at least 12 semester hours in accounting (3 courses) required in the major must be taken at Millsaps. Ordinarily, course work taken more than six years prior to admission or re-admission to the Else School and academic work in which the student receives a grade below "C" must be repeated. The Academic Affairs Committee of the Else School will evaluate extenuating circumstances for exceptions to these standards.
Millsaps students who wish to take BBA courses at the 3000 level or above at an institution other than Millsaps must do so at an AACSB accredited institution and have approval from the Dean of the Else School of Management. All students are required to complete at least fifty percent of their course at Millsaps.
Requirements for BA or BS degree with Major in Economics: In addition to other stated degree requirements for the BA or BS degrees, the student majoring in economics will complete 24 semester hours in the core economics courses: Principles of Economics (Econ 2000), Intermediate Macroeconomics (Econ 3000), Intermediate Microeconomics (Econ 3010), Econometrics (Econ 3030), International Economics (Econ 3040), Senior Thesis I (Econ 4901) and Senior Thesis II (Econ 4911), and the Senior Seminar in Economics (Econ 4902). In addition, the student must pursue one of three specialized tracks: Business Ecnomics; Quantitative Economics; or Policy Economics. Additional economic courses and other courses required of the economics major depend upon the track chosen. All three tracks require an additional 24 semester hours in order to satisfy their minimum requirements for a total of 48 semester hours.
Requirements for the Business Economics Track
The student choosing this track will take the economics core courses, Principles of Corporate (Fin 3000), one other business economics elective course, and one other business economics elective course at the 3000 level or higher (Money and Financial Systems (Econ 3020) or Industrial Organization (Econ 3070)).. In addition to these economics courses, student pursuing this track will also take either Survey of Calculus (Math 1210) or Calculus I (Math 1220) and Elementary Statistics (Math 1150), Principles of Financial Accounting (Acct 2000), any other Else School course of 3000 or higher level.
Requirements for the Quantitative Economics Track
The student choosing this track will take the economics core courses, Quantitative Economics (Econ 3060), and one other economics electives at the 3000 level or higher. In addition to these economics courses, students pursuing this track will also take Calculus I (Math 1220), and Calculus II (Math 2230), Elementary Statistics (Math 1150), and Linear Algebra (Math 3650).
Requirements for the Policy Economics Track
The student choosing this track will take the economics core course, any one policy economics elective courses, and one other economics elective course (Labor Economics (Econ 3120, Health Economics (Econ 3050) or Money and Financial systems (Econ 3020), at the 3000 level or higher. In addition to these economics courses, students pursuing this track will also take either Survey of Calculus (Math 1210) or Calculus I (Math 1220), and Elementary Statistics (Math 1150), and any two courses from: Economic Policy Analysis (Econ 2200); Legal Environment of Business (Admin 4000); Introduction to Government (Pol Sci 1000); American Public Policy (Pol Sci 3400); The Great Depression (Hist 3170); US History (Hist 2100); or History of the United States since 1877 (Hist 2110).
Requirements for a Minor in Economics
A student may elect a minor in conomics with Principles of Economics (Econ 2000), Intermediate Microeconomics (Econ 3010) or Intermediate Macroeconomics (Econ 3000), and any other two ecomonics courses at or above the 3000 level. The economics minor requires a minimum of 16 semester hours. Students pursuing the BBA degree and seeking the economics minor may not apply the three courses beyond Principles of Economics (Econ 2000) to satisfy BBA elective requirements.