The Interamerican University International Network System
   
Business

 

The E.T.C. College of Business Administration

The College of Business Administration at InterAmerican University, formerly called the Technical School of Commerce is widely recognized for its innovative leadership and broad academic strengths across every major business discipline and at every level of management education. In 1996 the College was chosen by the Association of Business Executives of Great Britain as one of the leading business colleges in Spain and Europe.

The E.T.C. College of Business Administration is permanently committed to creating the highest value in the understanding of business and the practice of management worldwide.

At the E.T.C. we know that the many levels of knowledge, skill and expertise that business demands of practitioners call for a new kind of business graduate -one possessing the best qualities of the specialist and the liberally educated generalist. At the E.T.C. we offer you expert business training without sacrificing a solid foundation in the arts and sciences- or vice versa. Because at InterAmerican University, we educate not just for business we educate for life.

Our undergraduate business program serves a highly motivated student body every year, preparing them to excel in the real world and one day assume leadership positions in the growing global marketplace. Accordingly, the College maintains close partnership with the international business community - drawing input from business leaders on emerging trends and directions that are driving the business world into the 21st century.

Our distinguished faculty has been carefully assembled from among the brightest and strongest international business educators. College bookshelves are filled with the fruits of their knowledge, and these books and academic publications are true testimony to their expertise in the ever-changing dynamics of the business world.

"Driven By Excellence" is more than just a theme for the new era. It clearly defines the force and commitment that propel every decision we make and every action we take to constantly improve the quality of our undergraduate programs. Whatever your arena of business study, students will benefit from the knowledge and determination of everyone involved in making ours one of the best offers in programs of Business Administration today.

Mission and Objetives

InterAmerican University is a senior comprehensive American academic organization. Established by constitutional provision in the U.S. and campuses all over the world, with subsequent statutory mandates, the University advances the intellectual and social condition of all the people of the region through quality programs of research, instruction, and service.

InterAmerican University bases its activities on a broad range of research programs, many of which are recognized for their contributions to the economic, technological, and cultural growth of the state and region. This research yields continuing stimulation for the instructional programs offered by the University's different programs.

At the undergraduate level, the University offers a comprehensive range of baccalaureate programs in the arts and humanities and in scientific, technological, pre-professional, and professional fields. A University-wide core curriculum provides a strong general education component as the keystone of every undergraduate program. Graduate programs, built on these strong undergraduate foundations, concentrate on the development of original scholarship and competence in research. In selected areas, including the state's only public law school, professional programs develop the highest levels of competence and leadership.

The University enhances the academic and personal growth of all its students through its on-campus student life. Recognizing that education is a lifelong endeavor, the University offers a wide array of continuing educational opportunities to adult and nontraditional students.

The University recognizes the importance of educating students to live and work in a global community of increasingly interdependent countries. To this end, the University supports a variety of international programs for faculty and students.

The University's research and instructional programs form a base for extensive service activities, providing continuing linkages with business, industry, and government through applications of new knowledge. These relationships cause the University's influence to extend beyond the bounds of the autonomous region as it assists developmental efforts at regional, national, and international levels.

University’s General Education Core Requisites (G.E.P.)

Completion of the University's General Education Program, or an AA Degree (considered an equivalent) is required in order for undergraduate students to be granted admission to the College of Business Administration. The purposes of the I.A.U. General Education Program (G.E.P.) are to introduce students to a broad range of human knowledge and intellectual pursuits, to equip them with the analytic and expressive skills required to engage in those pursuits, to develop their ability to think critically, and to prepare them for life-long necessary to make informed choices; to accept the responsibilities of working and living in a rapidly changing world; and to lead a productive and satisfying life.

Courses which fulfill the General Education requirements are specified, but in some cases an advanced course in the same discipline may be substituted for G.E.P. requirements with the approval of Enrollment and Academic Services. Students should consult both with an advisor and with Enrollment and Academic Services before submitting any course.

Undergraduate students who have not completed requirements for the Associate of Arts degree and who wish to transfer to another American or international university can have their transcripts stamped General Education Requirements met if they have completed I.A.U.'s G.E.P. requirements with a G.P.A. of 2.0 or better.

I.A.U. will accept a similar statement on transcripts received from other national and/or international colleges and universities in lieu of completion of the university's General Education Program. Students enrolled in classes that use the "NC" grade must earn a grade of "C" or better.

The General Education Core Curriculum to be completed by all students pursuing a B.A. Degree at InterAmerican University is as follows:

....................................................................................................................................
COURSES SUBJECTS CREDITS
....................................................................................................................................

ENG 101 College Reading and Composition I 3
ENG 102 College Reading and Composition II 3
MAT 225 Business and Social Mathematics 3
PSY 201 General Psychology 3
PST 303 Personal and Social Development 3
ART 103 Art Appreciation 3
SPC 101 Speech 3
ANT 101 Introduction to Anthropology 3
HIS 211 World History I 3
HIS 311 World History II 3
....................................................................................................................................
TOTAL CREDITS: 30


Business Core Requisites

COMMON PROGRAM REQUIREMENTS

In addition to completing the General Education Program, undergraduate students must also complete the prerequisites listed below. Please keep in mind that all undergraduate students must demonstrate competency in micro-computer applications during their first semester in the I.A.U. Business courses. Students who fail to demonstrate competency will not be permitted to continue enrollment in the business program.

....................................................................................................................................
COURSES SUBJECTS CREDITS
....................................................................................................................................

ACT 103 Financial Accounting 4
ACT 104 Managerial Accounting 4
LAW 101 Business Law 3
MAT 117 Elementary Statistics 4
MGT 250 Managerial and Organizational Concepts 3
MAR 250 Introduction to Marketing 3
FIN 301 Introduction to Financial Management 3
MGT 355 Introduction to Management Science 3
and Production Management
MGT 490 Business Strategy 3
....................................................................................................................................
TOTAL CREDITS 30

Undergraduate Degree Programs and Majors

Undergraduate degree programs offered at our College lead to a Bachelor of Science in Business Administration with major emphasis in General Business Administration, Accounting, Economics, Finance, Management, Marketing, Tourism, Hospitality Management, Real Estate Management and appraisal, and Taxation.

Certificate Programs

The E.T.C. College of Business Administration offers a number of certificate programs for students whose educational objectives can best be met by short-term concentrated study in business. The curricula for the certificate programs are drawn from E.T.C.'s undergraduate business courses.

Examples of prospective students who might make use of a certificate program include:

v a college graduate who did not major in a business field who needs academic preparation to enter or advance in a career area.

v a graduate of a business program who wants a credential in a second business area.

v an I.A.U. liberal arts or computer science student who wants to use free electives in a business field to add to his or her marketability.

v a working adult who has lots of experience but little or no prior college work who wants a credential to advance in his or her career.

Main Certificate Programs

v Basic Accounting
v Entrepreneurship
v Finance
v Financial Accounting
v General Business
v Human Resources Management
v Management Accounting
v Hospitality
v Travel and Tourism

ADMISSION REQUIREMENTS

The certificate programs are open to both non-matriculated and matriculated I.A.U. students who wish to complete a certificate program while pursuing a Bachelor's Degree. Admission to the certificate programs in business, with the exception of the certificate program in general business, requires junior standing (the completion of 64 college credits) or the equivalent.

Completion of English I and II (ENG 101 and 102) or the equivalent is a prerequisite for all certificate programs in business.

Some certificate programs require students to also meet specific course prerequisite requirements. In special cases, prerequisites may be waived for students who have equivalent knowledge or preparation. It is also possible to get one course transferred into the program if a grade of C; or better has been earned. Courses taken for a business certificate program may be applied, in general, to the B.B.A. program.

A.A.S. Associate in Applied Science

v Accounting
v Accounting and Information Systems
v General Business

A.A.S. in Accounting

Upon successful completion of the 64 credit Associate in Applied Science (A.A.S.) program, students may transfer without loss of credit to the Bachelor of Business Administration (B.B.A.) program in the same or related field.

Recommended Program Sequence

1st YEAR

ACT 103 Financial Accounting 5
ACT 104 Managerial Accounting 5
ENG 101 English I 3
CIS 101 Introduction to Computing 3
ENG 102 English II 3
MAT 104 Finite Mathematics 3
Philosophy 3
SPE 101 Speech Communication I 3
Exploratory Social/Behavioral Sciences 3


2nd YEAR

ACT 206 Intermediate Accounting I 5
ACT 207 Intermediate Accounting II 5
ECO 105 Principles of Economics: Macroeconomics 3
ECO 106 Principles of Economics: Microeconomics 3
LAW 101 Business Law I 3
Exploratory Science 3
MAT 117 Elementary Statistics 3
Exploratory Modern Languages and Cultures 3
MGT 250 Managerial and Organizational Concepts 3

TOTAL CREDITS: 62

A.A.S. in Accounting Information Systems

Upon successful completion of the 62 credit Associate in Applied Science (A.A.S.) program, students may transfer without loss of credit to the Bachelor of Business Administration (B.B.A.) program in the same or related field.

Recommended Program Sequence

1st YEAR

ACT 103 Financial Accounting 5
ACT 104 Managerial Accounting 5
CIS 101 Introduction to Computing 3
CIS 222 COBOL Programming 3
C Programming 3
ENG 101 English I 3
ENG 102 English II 3
MAT 104 Finite Mathematics 3
Exploratory History 3
SPE 101 Speech Communication 3
Philosophy 3

2nd YEAR

ACT 206 Intermediate Accounting I 5
ACT 207 Intermediate Accounting II 5
ECO 105 Principles of Economics: Macroeconomics 3
ECO 106 Principles of Economics: Microeconomics 3
CIS 241 Information Systems 3
MAT 117 Elementary Statistics 3
Exploratory Science 3
Exploratory Social/Behavioral Sciences 3
MGT 250 Managerial and Organizational Concepts 3

TOTAL CREDITS: 68

A.A.S. in General Business

Upon successful completion of the 64 credit Associate in Applied Science (A.A.S.) program, students may transfer without loss of credit to the Bachelor of Business Administration (B.B.A.) program in the same or related field.

Recommended Program Sequence

1st YEAR

ACT 103 Financial Accounting 5
ACT 104 Managerial Accounting 5
ENG 101 English 3
CIS 101 Introduction to Computing 3
Exploratory History 3
ENG 102 English II 3
MAT 104 Finite Mathematics 3
Philosophy 3
SPE 101 Speech Communication I 3
Exploratory Social/Behavioral Sciences 3

2nd YEAR

ECO 105 Principles of Economics: Macroeconomics 3
ECO 106 Principles of Economics: Microeconomics 3
Exploratory Science 3
LAW 101 Business Law I 3
MAR 250 Introduction to Marketing 3
MAT 117 Elementary Statistics 3
CIS 241 Information Systems 3
MGT 250 Managerial and Organizational Concepts 3
Electives 6

TOTAL CREDITS: 64

B.B.A. Bachelor in Business Administration

B.B.A. in Accounting

The E.T.C. College of Business Administration at InterAmerican University offers three Accounting majors leading to the B.B.A.:

v General Accounting
v Accounting Information Systems
v Managerial Accounting

Accounting Core

All B.B.A. Accounting students are required to complete the following Accounting Core courses (20 credits):

ACT 103 Financial Accounting 5
ACT 104 Managerial Accounting 5
ACT 206 Intermediate Accounting I 5
ACT 207 Intermediate Accounting II 5
ACT 319 Cost Accounting 5
ACT 333 Advanced Accounting 5

TOTAL CREDITS: 30

Bachelor of Business Administration

GENERAL ACCOUNTING

The General Accounting major is designed to provide the student with a broad-based course of study in accounting and an opportunity to develop through the use of electives a specialization in an accounting area not offered in the other accounting majors.

Course Requirements

v UNIVERSITY CORE 30
v BUSINESS CORE 30
v ACCOUNTING CORE 30
v MAJOR REQUIREMENTS 9
v ACCOUNTING ELECTIVES 9
v AUXILIARY COURSES:

LAW 312 Business Law II 3
TAX 310 Income Tax Law and Practice 3
TAX 311 Income Tax Law and Practice II 3

v ELECTIVES 11

TOTAL CREDITS: 128

Bachelor of Business Administration

ACCOUNTING INFORMATION SYSTEMS

Because much of today's accounting process is computer-based, the major in accounting information systems is designed to develop the student's understanding of accounting information systems as evidenced in computer-based financial and managerial applications.

Course Requirements

v UNIVERSITY CORE 30
v BUSINESS CORE 30
v ACCOUNTING CORE 30
v MAJOR REQUIREMENTS:
ACT 340 Internal and External Auditing 3
CIS 222 COBOL Programming or 3
CIS 223 C Prog. Info. Systems Concepts 3
CIS 243 Information Systems Design 3
ACT 375 Accounting Information Systems 3

v AUXILIARY COURSES:
TAX 310 Income Tax Law and Practice I 3
TAX 311 Income Tax Law and Practice II 3

v ELECTIVES 14

TOTAL CREDITS: 128

Bachelor of Business Administration

MANAGERIAL ACCOUNTING

The major in managerial accounting is designed to prepare students for careers in general accounting, controllership and financial management. It is a recommended major for those seeking to qualify for the designation Certified Management Accountant (C.M.A.).

Course Requirements

v UNIVERSITY CORE 30
v BUSINESS CORE 30
v ACCOUNTING CORE 30
v MAJOR REQUIREMENTS:
ACT 340 Internal and External Auditing 3
ACT 346 Advanced Problems 3
in Managerial Accounting
ACT 347 Periodic Financial Reporting 3

v AUXILIARY COURSES:
FIN 307 Managerial Finance 3
FIN 320 Advanced Financial Analysis 3
LAW 312 Business Law II 3
TAX 310 Income Tax Law and Practice I 3
TAX 311 Federal Income Tax Law and Practice II 3

v ELECTIVES 14

TOTAL CREDITS: 128

Bachelor of Business Administration

BUSINESS ECONOMICS

The major in business economics provides students with a strong foundation in economic theory and an understanding of its application to business, government and social issues.

Through elective study in the major, students have the opportunity to explore a variety of topics in economics.

Course Requirements

v UNIVERSITY CORE 30
v BUSINESS CORE 30
v MAJOR REQUIREMENTS:
ECO 105 Principles of Economics: Macroeconomics 3
ECO 106 Principles of Economics: Microeconomics 3
ECO 230 Intermediate Macroanalysis 3
ECO 234 Intermediate Microanalysis 3
ECO 238 Money and Banking 3

v ECONOMICS ELECTIVES 21

v AUXILIARY COURSES

LAW 312 Business Law II 3

v ELECTIVES 29

TOTAL CREDITS: 128

Bachelor of Business Administration

FINANCE

The major in finance is designed to provide students with an understanding of financial management functions with particular emphasis on financial instruments, financial institutions and capital structures as they relate to the corporate enterprise.


v UNIVERSITY CORE 30
v BUSINESS CORE 30
v MAJOR REQUIREMENTS:

FIN 30 Introduction to Financial Management 3
FIN 307 Managerial Finance 3
FIN 320 Advanced Financial Analysis 3
ACT 206 Intermediate Accounting I 5
ECO 238 Money and Banking 3
ECO 240 Quantitative Analysis and Forecasting 3

v FINANCE ELECTIVES 21
v AUXILIARY COURSES:

LAW 313 Business Law III 3
TAX 310 Income Tax Law and Practice I 3
v ELECTIVES 21

TOTAL CREDITS: 128

Bachelor of Business Administration

GENERAL BUSINESS

The general business major is a flexible program that allows students to design, under the guidance of an E.T.C. academic counselor, one or two concentrations of upper-level study in business areas that are tailored to meet their academic and career interests. This program is particularly suitable for adult students who are already established in careers, or who are returning to school. The program permits students to develop either one concentration for a total of 18 credits, or two concentrations for a total of 24 credits, with not less than eight credits in any one area.

Concentrations may be developed only in the approved areas listed below. Students who have accumulated considerable knowledge as a result of their work experience or other opportunities for learning outside of a formal academic setting may be eligible to receive college credits for their experiential learning. Students may apply a maximum of 36 credits earned through the ELA Assessment process toward the general business major. For further information about ELA Assessment, please contact the Office of Special Programs and Continuing Education.


Recommended Program Sequence


1st YEAR

MNG 121 Organization/Management Theory 3
FRN 113 Elementary French 1 5
EFL 101 Introduction to Reading and Composition 3
MAT 110 Quantitative Methods 3
ITR 161 International Relations 4
CIS 119 Principles of Business Computer Systems 1
ACT 201 Introduction to Accounting I 5
ECN 110 Introduction to Economics I 3
BUS 110 Introduction to Business I 3
ETQ 125 International Etiquette and protocol I 3

2nd YEAR

CIS 219 Principles of Business Computer Systems II 1
ACT 201 Introduction to Accounting II 5
ECN 110 Economics II 3
BUS 110 Business II 3
ETQ 225 International Etiquette and Protocol II 2
BUS 205 Business Law I 3
POL 201 U.S. Government 3
FRN 213 Elementary French II 5
ENG 101 College Reading and Composition I 3
CIS 164 Microcomputer Applications 1
BUS 232 Business Communication 3

3rd YEAR

ENG 102 College Reading and Composition II 3
FRN 233 Intermediate French II 5
PSY 303 Personal and Social Development 3
MKT 310 Marketing 3
BUS 305 Business Law II 3
ECN 310 Economics I 3
GEO 301 Physical Geography 3
ECN 320 Economics II 3
MAT 235 Business and Social Mathematics 5
ENG 207 American Literature 3
ACT 321 Bookkeeping/Accounting I 3
FRN 301 Advanced French I 5

4th YEAR

ESP 325 English for Special Purposes 3
MNG 333 Personnel Management 3
BUS 410 Tax Returns 3
MKT 410 Marketing Strategies 3
INT 1 INTERNSHIP 1 3
INT 2 INTERNSHIP 2 3
ENT 450 Entrepreneurship 3
MIS 410 Management Information Systems 3
ASM 500 Advertising and Sales Management 4
HRM 420 Human Resource Management 3
THS Thesis 3


Bachelor of Business Administration

MANAGEMENT

The management major is designed for students who wish a flexible curriculum and opportunity to specialize in one of the four areas of concentrations:

v HUMAN RESOURCES MANAGEMENT
v OPERATIONS MANAGEMENT
v BUSINESS MANAGEMENT
v ENTREPRENEURSHIP

Course Requirements

v UNIVERSITY CORE 30
v BUSINESS CORE 30
v MAJOR REQUIREMENTS 30
MGT 322 Organizational Behavior 3

v AREA OF CONCENTRATION 18

v ELECTIVES 27

TOTAL CREDITS: 128

AREA 1: HUMAN RESOURCES MANAGEMENT

This concentration prepares students for professional positions in human resources management in such areas as recruitment, selection, training and development, job evaluation, performance assessment, and compensation administration.

v Required Concentration Course

MGT 362 Human Resources Management 2

v Elective Concentration Course

Select any five from the following:

MGT 330 Business and Society 3
MGT 342 The Human Dimension 3
in International Management
MGT 363 Training and Development 3
MGT 364 Organizational Theory and Development 3
MGT 366 Leadership Principles and Practice 3
MGT 485 Long Range Planning 3
MGT 489 Seminar in Management 3
LAW 310 Employment Law 3
PSY 232 Group Relations 3
and Interviewing Techniques

AREA II: BUSINESS MANAGEMENT

This concentration prepares students for managerial careers. It focuses on the actions of managers in establishing objectives and planning for their accomplishment, integrating the actions of people and operations, and measuring the timely achievement of plans. At least nine</i> of the 18 credits required must be taken from Group I. The remaining nine credits may be taken from

v Group I or Group II.

Group I: General Management Courses

MGT 316 Venture Initiation and Entrepreneurship 3
MGT 330 Business and Society 3
MGT 340 International Management 3
MGT 357 Operations Management 3
MGT 362 Human Resources Management 4
MGT 364 Organizational Theory and Development 4
MGT 366 Leadership Principles and Practices 3
MGT 489 Seminar in Management 1

Group II: Specialized Business Courses

MGT 307 Hotel Management 4
MGT 308 Travel and Tourism Management 3
MGT 309 Restaurant and Club Management 3
MGT 315 Small Business Management 3
MGT 318 Management and the Family Business 3
MGT 341 Comparative Management Systems 3
MGT 342 The Human Dimension 3
in International Management
ACT 319 Cost Accounting 5
FIN 307 Managerial Finance 3
LAW 313 Business Law III 3
MAR 331 Managerial Marketing 3

AREA III: OPERATIONS MANAGEMENT

This concentration prepares students to plan, organize, staff, direct and control activities in organizations that are involved with the production of goods or services. Students acquire the technical and people skills needed to manage operations as diverse as back offices of brokerage houses, banks and modern factories.

v Required Concentration Courses

MGT 357 Operations Management 3
ACT 319 Cost Accounting 3

v Elective Concentration Course

Select any four from the following:

MGT 356 Simulation Techniques 3
MGT 458 Production and Distribution Models 3
MGT 485 Long Range Planning 3
MGT 489 Seminar in Management 1

AREA IV: ENTREPRENEURSHIP

This concentration prepares students for careers in Entrepreneurship and small business. It focuses on providing students with the skills that they will need to initiate and manage business ventures, including developing new products, drafting a business plan, and forming and running a family business. Other topics covered are financial management, marketing, and human resource management in a small business setting. Students will also learn to analyze consumer and business trends and to use this information in planning and developing a new business venture.

v Required Concentration Course

MGT 316 Venture Initiation and Entrepreneurship 3
MAR 431 New Product Development 3

v Specialized Elective Concentration Course

Select any two from the following:

MGT 315 Small Business Management 3
MGT 318 Management and the Family Business 3
MAR 322 Marketing Research 3
MAR 499 Advanced Marketing Management 3

v General Elective Concentration Course

Select any two from the following:

FIN 307 Managerial Finance 3
LAW 313 Business Law III 3
MAR 332 Selling and Sales Management 3
MAR 343 Direct Marketing 3
MGT 330 Business and Society 3
MGT 357 Operations Management 3

Bachelor in Business Administration

TOURISM ADMINISTRATION

Recommended Program Sequence

1st YEAR

MNG 121 Organization/Management Theory 3
FRN 113 Elementary French 1 5
EFL 101 Introduction to Reading and Composition 3
ANT 101 Human Evolution 3
ITR 161 International Relations 4
CIS 119 Principles of Business Computer Systems 1
ACT 201 Introduction to Accounting 5
GEO 120 Touristic Geography 3
BUS 110 Introduction to Business I 3
ETQ 125 International Etiquette and protocol I 3


2nd YEAR

CIS 219 Principles of Business Computer Systems II 1
POL 202 Business Policy 3
HOS 150 Introduction to the Touristic Industry 3
TRS 120 Touristic Organization 3
ETQ 225 International Etiquette and Protocol II 2
BUS 205 Business Law I 3
TRS 320 Economical and Touristical Development 3
FRN 213 Elementary French II 5
ENG 101 College Reading and Composition I 3
CIS 164 Microcomputer Applications 1
BUS 232 Business Communication 3

3rd YEAR

ENG 102 College Reading and Composition II 3
FRN 233 Intermediate French II 5
HOS 379 Hospitality Management 3
MKT 310 Marketing 3
BUS 305 Business Law II 3
MNG 300 Management 3
GEO 301 Physical Geography 3
CAS 500 Case Study 3
MAT 235 Business and Social Mathematics 5
TRS 500 International Travel and Tourism 3
PRO 210 Production Management 3
FRN 301 Advanced French I 5

4th YEAR

ESP 325 English for Special Purposes 3
ORG 112 Entrepreneurial Organization 3
BUS 410 Tax Returns 3
MKT 410 Marketing Strategies 3
INT 1 & 2 Internship 1 & Internship 2 6
ENT 450 Entrepreneurship 3
HOS 450 Hotel and Restaurant Management 3
MIS 410 Management Information Systems 3
ASM 500 Advertising and Sales Management 4
HRM 420 Human Resource Management 3
THS Thesis 3

Bachelor in Business Administration

INTERNATIONAL BUSINESS

The importance of multinational firms and the economic interdependence of the world's economies have increased dramatically in recent years. As a result, international commerce is no longer simply a matter of export and import trade but also includes international money and capital movements, foreign production by local firms, and international transfers of technology and management skills.

The business environment within which foreign operations are carried out differs radically from country to country. Likewise, the conditions and influences of international trade, capital flows, and technology transfers depend on the policies and perceptions of firms and governments.

Career Preparation

The program is designed to familiarize students with the current problems and methods of analysis related to the foreign operations of businesses. This framework includes a focus on the basic tools of analysis of international operations, such as international economic analysis and an analysis of sociocultural differences. Also included are appraisals of the techniques of market penetration abroad, the evaluation of investments abroad, and the selection of financial sources.

However, the program assumes that international business administration is not a field detached from functional areas such as marketing, finance, or accounting. Rather, it assumes that the international dimension builds on general business principles and on expertise in a legitimate functional field. Thus, students of international business administration are required to pursue a comajor, with a primary major in one of the following areas: management, marketing, finance, accounting, travel and tourism, hospitality or economics; and a secondary major in international business. It is highly recommended that students considering a career in international business develop fluency in one or more foreign languages.

International Business Core

Program Core (15-20 points)

EIB.101 Economics of International Business 3
BGE 103 Business and the Global Environment 3
IBM.201 International Business Management 3
and either
IFM.230 International Financial Management or 3
IMM.336 International Marketing Management 3

Plus one of the following options:

v Business Course Option (3 or 4 points) (choose one of the following):

IMM.340 International Financial Management 3
(based on selection above)
IMM 324 International Marketing Management 3
(based on selection above)
CES 200 Comparative Economic Systems 3
EDV 301 Economic Development 3

v Nonbusiness Course Option (4 points) (choose one of the following):

v Department of Anthropology

EBS 300 European Business, Society, and Culture 3
DVC 320 Developing Countries: 3
Tradition and Change

v Department of History

HEA 400 History of East Asia 3
HLA 420 History of Contemporary Latin America 3

v Department of Politics

CPL 300 Comparative Politics 3
IPL 300 International Politics 3
EEG 233 Eastern European Government and Politics 2
GPE 425 Responsibility 3
in the Global Political Economy
AFP 390 Business and American Foreign Policy 2
IPL 430 International Politics of the Middle East 3
IRA 320 International Relations of Asia 3

v Foreign Language Option (8 points): Any 8 points (or more) of course work in a single foreign language.

1. Students fulfilling the international business comajor will automatically fill the globalization requirement.
2. Substitutions will be made for these courses on a case-by-case basis by the director of the undergraduate program.
3. These courses may not be used to fulfill business studies requirements or electives; they may be used to meet general education requirements and electives as well as free electives.

Recommended Program Sequence

Students comajoring in international business may consult the director of the undergraduate program for advising.

As international business requirements may be satisfied by a range of alternatives, which will affect other parts of the curriculum, students should consult with an academic counselor before making their course selections for the comajor.

1st YEAR
Credits
ENG 101 College Reading and Composition I 3
EFL 101 Intro. to Reading and Composition 3
EN 110 Introduction to Economics 3
ECN 220 Economic Principles II 4
MAT 235 Algebra and Calculus with Applications 3
to Business and Economics
CIS 222 Computer-Based Systems 4
for Management Support

Social Science Requirement 4
Distribution Requirement 4

Total 28

2nd YEAR
Credits

ACT 200 Principles of Financial Accounting 5
ACT 104 Principles of Managerial Accounting 2
STS 235 Statistics for Business 5
Control, Regression & Forecasting Models
Distribution Requirement 1 4
Globalization Requirement 1 4
Natural Science 4
Nonbusiness Elective 4
Ethics Requirement 4

Total 32


3rd YEAR
Credits

FIN 307 Financial Management 4
MOA 340 Management and Organizational Analysis 4
MKT 310 Introduction to Marketing 4
ECO 450 Economics of International Business 2 3
BGE 500 Business and the Global Environment 3

Primary Major Courses 6
{ Free Elective 3
{ Nonbusiness Elective 2
{ Communications Requirement 4

Total 33

4th YEAR
Credits

BUS 304 Business Policy 3
MNG 433 Operations Management 4
IBM 490 International Business Management 3
IFM 475 International Financial Management 3
IMK 455 International Marketing Management 3
Final I.B. Requirement 3

v Primary Major Courses 6
v Free Electives 1 9
Total 31

Primary major core and international business core must total 27 business points. If nonbusiness options are selected to satisfy the international business requirement, they can be used to satisfy the globalization requirement, distribution requirement, nonbusiness or free electives. Additional business courses must be taken to bring total to 27 points. May also satisfy globalization requirement.

Bachelor in Business Administration

REAL ESTATE MANAGEMENT & APPRAISAL

The Real Estate program is flexible and broad based, preparing students for professional careers in the major service areas including appraisal, brokerage, development, mortgage and construction lending, property management, and corporate real estate. Banks, construction companies, manufacturing and distribution companies, life insurance companies, restaurant and retail chains, and many other firms all need real estate services. Several sub-specializations are available, some which (brokerage, appraisal, and property management) require licensing.

Students pursuing careers in real estate are encouraged to become active real estate national and international organizations.

Real Estate Integral Concentration

RES 320 Real Estate Principles 3
RES 321 Real Estate Finance & Investment 3
RES 322 Real Estate Appraisal 3
RES 323 Real Estate Law 3
RES 324 Real Estate Special Topics 3
GEO 221 Economic Geography 3
GEO 222 Marketing Geography 3
GEO 251 Industrial Location 3
GEO 188 Intro to Geographic Info Systems 3
GEO 191 Geography and Multinationals 3
FIN 401 International Business Finance 3
MNG 408 International Management 3
HIS 305 Historic Preservation or 3
RES 400 Land Use Development Controls 3
MNG 422 Construction Management I 3
MNG 423 Construction Management II 3

Bachelor in Business Administration

TAXATION

The requirements for the BA degree in Taxation can be completed in two years by completing two 3 credit hour courses each quarter of the year. If the student has one quarter per year when work or other obligations prevent them from enrolling in any courses (an "off" quarter), the requirements can still be completed in two and one half years. Students can choose either a Corporate Tax Track or a General Tax Track.

Federal Tax Planning and Research and Corporate Tax I will be offered every Fall Quarter and newly admitted students will be expected to enroll in these two courses. Other required courses will be offered each in different semesters to accommodate students with "off" semesters. Students will participate in determining what electives will be offered and when they will be offered. Because electives will likely be offered only once a year, and then only contingent on sufficient student interest, a student may choose to postpone finishing their degree in order to be able to take certain electives that are offered less frequently. Also, if an elective course of particular interest is unlikely to be offered at another time, a student may have to take an elective course during their off quarter.

Non-degree students may take up to six tax courses without formal admission into the program. Anyone wishing to take more than six courses must formally apply for admission into the BA degree in Taxation.

All candidates must complete the fifteen courses (45 credits) listed below:

Required Taxation Courses (7 courses):

TAX 208 Partnership Taxation 3
TAX 209 Corporate Tax I 3
TAX 210 Corporate Tax II 3
TAX 211 International Taxation 3
TAX 212 Taxation of Subchapter S Corporations 3
TAX 213 Research in Taxation 3
TAX 214 Federal Tax Planning and Research 3

TOTAL: 21

Taxation Electives (two courses from following):

TAX 215 Estate and Gift Tax 3
TAX 216 Fiduciary Taxation 3
TAX 217 Consolidated Tax Returns 3
TAX 218 Deferred Compensation 3
& Employee Benefits
TAX 219 Seminar in Taxation 3
TAX 220 IRS Practice and Procedures 3
TAX 221 Advanced Individual Income Taxation 3
TAX 222 State and Local Taxation 3
TAX 223 Tax Accounting Methods & Procedures 3
TAX 224 Corporate Reorganizations 3
TAX 225 Tax-Exempt Organizations 3

Free Electives (6 courses) 18

TOTAL CREDITS 45

Recommended tax electives for the Corporate Tax Track include Consolidated Tax Returns and Tax Accounting Methods and Procedures. Recommended tax electives for the General Tax Track include Estate and Gift Tax and Advanced Individual Income Taxation.

Free electives can be courses in taxation or other graduate-level courses offered at InterAmerican University. All non-tax elective courses are subject to the approval of the Program Director.

A maximum of 9 credits (3 courses) may be transferred in from graduate course work completed at other accredited institutions. This is also subject to the approval of the Program Director.

Graduate Degree Programs and Majors

M.B.A. Master of Business Administration

1st Semester

BUS 504 Financial Management 5
BUS 510 Marketing Management 5
BUS 514 Human Resource Management 5
BUS 522 Business Policy and Strategy 5
BUS 616 Advanced Quantitative Methods 5
BUS 620 Managerial Accounting 5
BUS 624 Organizational Design 5

2nd Semester

BUS 630 Total Quality Management (TQM) 5
THS Thesis 5

Electives

BUS 612 Economy within the Public Sector 5
BUS 618 Business Planning 5
BUS 622 Advanced Managerial Economics 5
BUS 627 Multinational Marketing 5
BUS 653 Multinational Finance 5
BUS 688 Administrative Policies and Procedures 5


Pre-requisites

A valid Bachelor’s Degree or its equivalent. Preferable –although not indispensable- in Business Administration or Economics.

This graduate Program intends to continue the academic proficiency achieved during the undergraduate period while merging it with the personal and professional sufficiency, and consists on a series of subject areas and general courses called Base Curriculum, together with other electives until a minimum work load of 55 credit units is completed.

The M.B.A. degree is issued upon the presentation of a final thesis or dissertation.

Our final goal is to provide all candidates with the necessary skills as to acquire sound competencies in certain fundamental areas of their choice within the framework of Business Administration, while allowing them to share their training with the eventual exercise of their professional responsibilities.

Majors

FINANCIAL MANAGEMENT

v Financial mathematics
v Investment Analysis
v Stock exchange, facility management and international finance.

FISCAL MANAGEMENT

v Fiscal law
v Income tax
v Business taxation
v V.A.T
v Other tributes
v Fiscal planning and international taxation

ACCOUNTING

v General accounting
v Corporative accounting
v Cost accounting

BUSINESS ORGANIZATION

HUMAN RESOURCES

TOTAL QUALITY CONTROL

MARKETING

International Student Admission

International students cannot be granted admission on any basis other than full undergraduate or graduate standing. Before their admission to the University is complete, all international students must fulfill Spanish Immigration and Naturalization Service requirements and register with the Office of International Student Services.

The Test of English as a Foreign Language (T.O.E.F.L.) or its equivalent is required for all applicants whose native language is other than English. The test must be taken in the student's home country before admission is granted. This requirement may be waived (with permission from the University Dean) for international students who hold a degree from an accredited American college or university and who have studied oral and written English while a student in the American college or university. Presently, the minimum T.O.E.F.L. score acceptable for graduate work in the College of Business Administration is 500. The exam should be taken in October or January for September admission.

Upon arrival at the University, each international student is retested on their English language proficiency. Students' oral English skills are rated in the areas of pronunciation, grammar, fluency and overall intelligibility. A satisfactory score is 85 or above. Those receiving lower scores will be informed by the Office of International Student Services of ways to enhance their English language skills, and their progress toward that end will be monitored by that office. No international student will be permitted to access a typical classroom before he or she has demonstrated satisfactory oral and written English proficiency.

All foreign students are required to carry specific health and accident insurance. An annual fee (reflecting the number of accompanying dependents) will be assessed at the first registration period of each year to meet the cost of this insurance for the subsequent twelve months.

Tuition and Fees

Please refer to InterAmerican University Official Catalog for complete tuition and fee information.

International students holding student visas are required to be enrolled as full-time students and must pay non-resident tuition regardless of the length of time they have lived in Spain. International students are required to carry health insurance through InterAmerican University. Single student coverage is $207 per semester. Additional premiums are assessed for family coverage.

Financing the Degree

Financial aid is available for all degrees but it is awarded on a merit basis and evidence of financial need.

Scholarships and Fellowships

University Graduate Scholarships

University Graduate Scholarships (UGS) cover partial to full tuition with the exception of the general fee. The I.A.U. requires no service contribution.

The Ada Tuleja Graduate Fellowship

The Ada Tuleja Graduate Fellowship is awarded to a new graduate students with outstanding achievement and who is a resident of Spain. This award of $1,250 serves as a supplement to the graduate assistantship and may be renewed up to three years.

Attendance Policy

Attendance at the first meeting of any College of Business course is mandatory. Students not in attendance at the first meeting may be dropped from the course. It is the responsibility of the student to take whatever steps are necessary to determine if they have been officially dropped from a course. This does not remove the student's responsibility for dropping courses they do not intend to complete.


Grade Point Average Requirements

For graduation the student must have maintained a minimum 2.0 GPA in course work taken in the College of Business Administration and a minimum 2.0 GPA in the course work required in the major, except in Accounting, Finance and Marketing where a "C" or better is required in each course and a minimum 2.0 is required overall.

Student Load

A student who is enrolled in 16 semester hours of course work is considered to be carrying a normal academic load. Students in the College of Business Administration desiring to take more than 16 hours of course work must obtain permission from the college.

Support Services and facilities

Computer Facilities

The College of Business Administration houses a variety of computer labs (Macintosh and Windows), available for student use. All labs have Internet access. Lab consultants are available for assistance. Students will find it advantageous to own their own computer. Student accounts are also VAX which has C, COBOL, PASCAL, SPSS, and SAS.

University Library

The different libraries used by InterAmerican University usually constitute locally recognized research centers. The mission of these libraries is to assure access to the recorded knowledge and information required to support the instructional programs research endeavors, and social responsibilities of the University. The library maintains resources through the Internet service which include thousands of volumes, and many current serial subscriptions. The library also provides access to their own resources through the public on-line system. Access to an expanding number of resources across the country is provided through the City Hall. Besides, every student is provided with CD Roms containing a 5000 volume virtual library of general studies and a specific Business Reference Library.

Housing

Many international graduate student live in University housing; others commute to campus from nearby residential areas. The campus Housing Office is responsible for a number of residence halls and high-rise apartment buildings. It also can provide information about off-campus housing. Married students may apply for apartment facilities on campus. Rental rates vary according to apartment size and will be supplied upon request. Inquiries should be directed to the Secretary of General Coordination.

Health Care

The Student Health Service provides care to students and an emergency health service to the entire campus. Primary care is free of charge for students insured under the I.A.U. Student Health Insurance Plan. Students insured under other policies will be charged a fee for service. Additional information may be obtained by contacting the Secretary General.

International Student Visas

The Office of International Student Services is responsible for issuing the documents needed for obtaining vi-sas. No documentation needed for a Spanish visa will be sent to the student until all required forms and fees have been received by the Office of International Student Services. This includes Financial Statements, physi-cal examination reports and any other credentials specified by the University and/or the Spanish Immigration and Naturalization Service. Originals of all Financial Statements must be received by the Office of Interna-tional Student Services before a Certificate of Eligibility can be issued. Faxed copies CANNOT be accepted.

Degree Programs

Arts & Sciences Business Engineering Int'l. Affairs Education Languages Natural Medicine
  777 United Nations Plaza
New York, NY 10017 Tel. 212 465-3434 Fax. 734 448-8254 Email: iauni@iauniversity.net