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University Catalog

University of Maine at Fort Kent • 23 University Drive, Fort Kent, ME 04743

Business Management Major (Bachelor of Science)

Vision Statement

Consistent with the mission of the University of Maine at Fort Kent, a regional university that serves the needs of the St. John Valley and the state of Maine, the Business Management Program fosters excellence in scholarship and academic achievement in an interactive educational environment.


Mission Statement

The mission of the Business management program is to develop students as liberally-educated citizens, life-long learners in a changing world, proficient business managers and entrepreneurs.


Program Description/Goals

The Business Management program strives to:

  1. Offer a broad selection of management concentrations to meet the needs of our stakeholders (Stewardship);
  2. Provide excellence in teaching and learning (Learning);
  3. Prepare students for careers in areas of business that satisfy students’ wishes and employers’ needs (Collaboration);
  4. Educate students in the liberal arts in order to broaden their horizons and deepen their understanding of society and the world (Citizenship); and
  5. Establish and nurture an institutional culture of systemic quality improvement (Excellence).

Student Learning Outcomes

The Business Management program prepares students for careers in business. The objectives of the program are that the graduate will be a knowledgeable, proficient, well-rounded, professional person who is literate, numerate, and analytical; this person will be appreciative of the arts and sciences as well as possess skills in interpersonal communication and leadership. 


Accreditation

The University of Maine at Fort Kent has received specialized accreditation for its business and business related programs through the International Assembly for Collegiate Business Education (IACBE), located in Lenexa, Kansas.

In accordance with IACBE accreditation guidelines, the following student outcomes are assessed annually and reported on the UMFK website:

  1. The student will be a liberally-educated citizen.
  2. The student will be a life-long learner.
  3. The student will be a proficient business manager.
  4. The student will develop entrepreneurial skills.

Graduation Requirements

To be awarded a Bachelor of Science in Business Management, graduates must:

  1. Complete a minimum of 120 semester hours of credit;
  2. Complete a minimum of 45 hours of upper level credits (300 or higher);
  3. Maintain a minimum of 2.0 GPA across core and concentration courses;
  4. Complete program required courses with a grade of C or better

Program Requirements

CRN Course Name Credits
COS 221 Advanced Excel 3 credits
ECO 100 Intro to Macroeconomics 3 credits
ECO 101 Intro to Microeconomics 3 credits
BUS 100 Accounting Principles I 3 credits
BUS 101 Accounting Principles II 3 credits
BUS 211 Principles of Business Management 3 credits
BUS 222 Introduction to Marketing 3 credits
BUS 260 Business Ethics OR  
    HCA 413     Healthcare Ethics and the Law 3 credits
BUS 300 Corporate Finance 3 credits
BUS 336 Business Law I 3 credits
BUS 343 Human Resource Management 3 credits
BUS/ELC 358 Intro to E-Commerce 3 credits
BUS 411 Business Policy & Strategic Planning (Capstone) 3 credits
BUS 411P Student Electronic Portfolio 1 credit
  Concentration areas (select one option)* 18 credits
BUS 397 Business Internship 6-12 credits
Total 64-70 credits

Required Support Courses

(These requirements fulfill part of the general education requirements.)

CRN Course Name Credits
MAT 280 Finite Math II: Linear Models and Math of Finance 3 credits
MAT 351 Statistics I 3 credits
BUS 219 Business & Professional Speaking OR  
    COM 200     Speech 3 credits
BUS 260 Business Ethics OR  
    HLT 386     Healthcare Policy OR  
    HCA 413     Healthcare Ethics and the Law 3 credits

*Select one of the following concentrations:


Accounting (18 credits)

BUS 302 Intermediate Accounting I, BUS 303 Intermediate Accounting II,  BUS 304 Federal Taxation I, BUS 305 Federal Taxation II, BUS 308 Managerial Accounting or BUS 314 Auditing and Forensic Accounting, BUS 352 Accounting Information Systems.


Business Administration (18 credits)

BUS 308 Managerial Accounting, BUS 322 Operations Management, BUS 332 Small Business Management, BUS 337 Business Law II, BUS 344 Organizational Behavior, ELC 310 Introduction to E-Marketing


Finance (18 credits)

BUS 300 Principles of Corporate Finance I, BUS 301 Principles of Corporate Finance II, BUS 304 Federal Taxation I, BUS 305 Federal Taxation II, BUS 308 Managerial Accounting

Select two courses from the following:  BUS 409 Principles of Investment Management, BUS 410 Technical Analysis or ECO 320 International Trade and Finance.


Forest Management (AS Forest Technology)

Completion of AS in Applied Forest Management


Healthcare Administration (18 credits)

BUS 322 Operations Management, BUS 344 Organizational Management, BUS 332 Small Business Management, HCA 321 Healthcare Finance, HLT 386 Healthcare Policy, HLT 407 Leadership & Management in Healthcare.


Techniques for Assessment

  1. Comprehensive exam of core business skills required prior to graduation.
  2. Internship evaluations in area of concentration.
  3. Individual student electronic portfolio with demonstrations of knowledge and skills.
  4. Graduate and Alumni Surveys.

Suggested Course Sequencing

Fall Semester Freshman Year

CRN Course Name Credits
HUM 102 First-Year-Experience 3 credits
BUS 100 Accounting Principles I   3 credits
BUS 211 Principles of Business 3 credits
COS 103 Introduction to Information Technology 4 credits
ENG 100 English Composition I 3 credits
Total 16 credits

Spring Semester Freshman Year

CRN Course Name Credits
BUS 101 Accounting Principles II 3 credits
BUS 222 Introduction to Marketing 3 credits
MAT 280 Finite Math II 3 credits
BUS 219 Business and Professional Speaking 3 credits
ENG 101 English Composition II 3 credits
Total 15 credits

Fall Semester Sophomore Year

CRN Course Name Credits
ECO 100 Introduction to Macroeconomics 3 credits
COS 221 Advanced Excel 3 credits
BUS 336 Business Law I 3 credits
MAT 351 Statistics I 3 credits
BUS 260 Business Ethics 3 credits
Total 15 credits

Spring Semester Sophomore Year

CRN Course Name Credits
ECO 101 Introduction to Microeconomics 3 credits
ELC/BUS 200 Introduction to Electronic Commerce 3 credits
  Concentration requirements 6 credits
  General Education - Natural Science 4 credits
Total 16 credits

Fall Semester Junior Year

CRN Course Name Credits
BUS 300 Corporate Finance 3 credits
  Concentration requirements 6 credits
  General Education - History 3 credits
  General Education - Foreign Languages 3 credits
  Electives 3 credits
Total 18 credits

 

Spring Semester Junior Year

CRN Course Name Credits
  Concentration requirements 9 credits
  General Education - Visual and Performing Arts 3 credits
  Electives 6 credits
Total 18 credits

Fall Semester Senior Year

CRN Course Name Credits
BUS 343 Human Resource Management 3 credits
  General Education - Literature 3 credits
  Electives 9 credits
Total 15 credits

Spring Semester Senior Year

CRN Course Name Credits
BUS 411 Business Policy & Strategic Planning 3 credits
BUS 411P Student Electronic Portfolio 1 credit
BUS 397 Business Internship 12 credits
Total 16 credits

NOTE: For a full printable PDF of the catalog, please contact the Web Services office at umfkweb@maine.edu.