The mission of the Division of Business is to equip business students to become world changers in their chosen profession. It is our profound desire to graduate students who are prepared and eager to impact the world for the cause of Christ.
The curriculum combines theory and practice, is built upon a Christian liberal arts foundation, and emphasizes the need to apply Christian principles to the workplace. Business students graduate with the knowledge and skills they need to succeed.
The four-year Bachelor of Science (B.S.) degree is available in these six majors: Accounting, Business Administration, Entrepreneurship, Finance, Management, and Marketing. A student may select a minor or a two-year A.S. degree in Accounting or Business Administration. Minors and two-year degrees are not available in Entrepreneurship, Finance, Management, or Marketing. The Accounting and Business Administration minors are not available to students who have a major within the Division of Business.
A student may double major in any two of the six majors by completing the specific requirements of each major. Students with double majors within the Division of Business must complete a minimum of 66 unique Division of Business credit hours (75 unique credit hours if one of the two majors is Accounting). Other double majors are possible by combining the study of one of the six divisional majors with any major, such as (but not limited to) Art, Communications, Computer Information Systems, Criminal Justice, Economics, English, History, Leadership, Mathematics, Music, Political Science, Psychology, Sociology, or Sports Management. If the student has another major outside the Division of Business, this requirement will be satisfied by 12 hours of 300-400 level courses from the other major.
Admission to Division Guidelines and Criteria
Before being admitted to the division, students will be classified as pre-majors (e.g. Pre-Business Administration). After admittance, students will be classified according to their major(s) (e.g. Business Administration). With the exception of ACC-311 (Intermediate Accounting I), ACC-312 (Intermediate Accounting II), and ACC-371 (Federal Income Tax I), students cannot take 300-400 level classes unless they are admitted to the Division of Business.
Admission to the division is neither automatic nor assumed simply because a student wants to study in the division. To be admitted to the division, students must demonstrate a degree of knowledge and preparedness. Students must satisfy the following criteria before applying to the division:
Students who satisfy the above criteria must complete an Application for Admission to the Division and submit it to the business faculty advisor. If the above requirements have been met, the application will be approved unless there is a problem that needs to be discussed with the Division Chair. The Division of Business faculty reserves the right to deny admission to the major to any student who fails to satisfy the behavioral expectations outlined in the student handbook.
Transfer students who satisfy substantially all of the above criteria may petition the Division of Business to be admitted to the division. The same holds true for IWU students with a major outside the Division of Business who want to change their major to one that is offered in the division.
To continue in the Division of Business, students must maintain an overall 2.5 GPA and a 2.5 GPA in the division. Students must also have a minimum grade of "C" in all courses that apply to the major taken within the Division of Business. Failure to do so may necessitate repeating courses or withdrawal from the division. Note: If a student has questions regarding action taken by the Division of Business he or she has the right to appeal the action through established procedure in the IWU Catalog.
Credit for all courses in the major transferred from other schools must be approved by the Division of Business before admission to the division. Students currently enrolled as majors in the division may not transfer any courses into the division for credit without prior written approval from the division. Following are the guidelines for transfer credit:
General Education Competencies
Students in the Division of Business must meet the general education competencies by taking the approved standard courses. In regards to courses offered in the Division of Business, the intercultural experience requirement may be met by successfully completing either ACC-390 or BUS-390.