Undergraduate Catalog 2015-2016

Muma College of Business

Location: Ferguson Hall (BSN)


The Muma College of Business offers courses of study leading to both undergraduate and graduate degrees. All degree programs in the Muma College of Business are fully accredited by AACSB International — The Association to Advance Collegiate Schools of Business.
The undergraduate curriculum that leads to a Bachelor's degree in Business Administration is composed of several segments: (1) broad general education in the arts, humanities and sciences; (2) the common body of knowledge for management responsibilities; and (3) specialized majors in Accounting, Advertising, Finance, General Business, International Business, Management, Management Information Systems, and Marketing. Through flexibility in its requirements, the College is able to satisfy the different interests and career objectives of students with diverse backgrounds. Graduate programs in the College are described in the USF Graduate Catalog.
The Muma College of Business is located near the corner of Maple Street and Alumni Drive on the south-central side of campus. To access information about the College online, use the following web address: http://www.usf.edu/business/.

Computer Requirement

All students entering the Muma College of Business are required to have a laptop computer that they can use in their classes and labs. The laptop computer must be capable of connecting to the internet wirelessly and accessing software applications through a central server.


The Muma College of Business offers courses of study leading to both undergraduate and graduate degrees. All degree programs in the Muma College of Business are fully accredited by AACSB International — The Association to Advance Collegiate Schools of Business.

Advising Information

Advising Services:

  • Orientation for freshmen and transfer students.
  • Academic advising and program information for pre-business students who have applied to the Muma College of Business and declared business as their intended major.
  • Students who meet all Muma College of Business admission requirements.
  •  Evaluation of undergraduate transcripts for all declared and admitted business transfer students.
  • Maintenance of academic advising records.
  • Certification of graduation.

Location: BSN 2102, (813) 974-4290 or schedule an advising appointment on-line: http://www.usf.edu/business/undergraduate/advising/appointments.aspx Office Hours:  8am-6pm Monday-Thursday and 8am-4pm on Friday. Please refer to website for most current office hours information.

Admissions Requirements

Admission requirements for First Time in College Students
First time in college students who meet the criteria below are granted direct entry to the Muma College of Business.

  • Admitted to USF as a degree seeking student
  • Test scores: SAT minimum 1140, Math 550 or ACT 25, Math 25
  • Weighted high school GPA: 3.5

Please visit the Bulls Business Network's website http://www.usf.edu/business/undergraduate/bbc/bbn.aspx for further information. 

First time in college students who do not meet the criteria above will be classified as pre-business and admitted after meeting the admission requirements below.

Requirements for Admission to the Muma College of Business:
Admission to the Muma College of Business is based upon availability of faculty and space within each discipline. The College is an upper-level, limited access college, which means that it has admission requirements in addition to those of the University in general. Students interested in pursuing a degree in the areas offered by the Muma College of Business must complete the required prerequisites for entering the College in addition to other related criteria listed below.

  • Minimum of 60 semester hours of college credit earned 
  • Minimum of a cumulative grade point average of 2.5 on all college-level work and a minimum of 2.0 on all credit attempted at USF, including any prior to renewal. NOTE: Beginning Fall 2013 the Muma College of Business will establish each fall a new minimum overall GPA required to satisfy the limited access GPA admission requirement. The minimum overall GPA will range between a 2.5 with a maximum required GPA of a 2.75. Students will be notified each fall as to the minimum entrance GPA required for the following fall semester. Notification will occur through Canvas and updated at the following link: http://www.usf.edu/business/undergraduate/requirements-general.aspx.
  • Completion of the following State Mandated Common Prerequisites (or equivalents) with a grade of C- or higher in each course and an overall 2.0 GPA:
    • *ACG X021/ACG X022 Financial Accounting (or ACG X001 & ACG X011)
    • *ACG X071 Managerial Accounting (or X301)
    • CGS X100 Computers in Business (or acceptable Substitute, i.e., CGS X100C, CGS X530, CGS X570, CGS X531, CGS X0000, MAN X812)
    • ECO X013 Principles of Macroeconomics
    • ECO X023 Principles of Microeconomics
    • MAC X233 Elementary Calculus or MAC 2230
    • STA X023 Introductory Statistics or QMB X100 or STAX122 (STA X023 and QMB X100 are preferred)
    • *Accounting majors must earn a C not C- in ACG 2021 & ACG 2071
    •  In computing entry grade point average all business and economics courses taken for S or U grades will be converted to C or F, respectively.
    •  A minimum score of 550 on paper and pencil or 213 on computerized TOEFL is required, when applicable.
    • Students must be admitted to the Muma College of Business at least one term before their anticipated graduation date.

Transfer Students
Transfer credits will be accepted from accredited institutions; however, all hours earned may not be applied toward USF business degree requirements. Individual courses will be evaluated by an academic advisor and appropriately credited toward requirements in the student’s program at USF.

Associate of Arts Transfers
Florida public state or community college students enrolled in an Associate of Arts (AA) program should normally complete the general education requirements and the State Mandated Common Prerequisites at a Florida College System institution. As a rule, AA students should avoid taking any business courses at the state or community college that are listed as 3000- and 4000-level courses at USF. Normally, courses in finance, marketing, management, and accounting, as well as other business administration and economics courses, taken at the lower division level that are offered as upper division courses at USF will not be accepted for upper division credit in business administration or economics. In general, business courses taken at the lower level, at technical schools, or as part of professional or military training, are not applicable to the degree programs of the Muma College of Business. Exceptions to this policy will be made only upon proper validation of such courses. Validation consists of successfully completing specified advanced courses in the discipline.

Associate of Science Transfers
Florida College System students pursuing an Associate of Science (AS) program in Business Administration are fully admissible to USF. Please see a business advisor to determine the articulation of courses, discuss admission to the Muma College of Business and prepare a program plan for degree completion. Students transferring to the Muma College of Business with an A.S. in Business Administration may earn a major in General Business Administration only. Florida College System students pursuing an Associate of Science (AS) program in any other discipline should contact the Director of the BSAS program in the Office of Undergraduate Studies, SVC 2043, (813) 974-2645, for information regarding course transferability and degree articulation.

Early Admissions Program – The Bulls Business Network
Membership in the Bulls Business Network (BBN) is open to first time in college students who have completed a USF application and declared an intent to major in business, and meet the FTIC admission requirements (listed above). These freshmen are admitted directly to the Muma College of Business upon admission to USF (while most students are fully admitted to the business college after two years of general course requirements). BBN members are eligible to live in the Bulls Business Community, a residential program described in the following section. BBN students have the opportunity to avoid mass lecture classes as smaller sections of core business classes are reserved exclusively for BBN members (availability is limited and determined by academic performance each semester). Students in the BBN may apply for special business scholarships as well as join business student organizations normally restricted only to juniors and seniors. For admission criteria visit http://www.usf.edu/business/undergraduate/bbc/bbn.aspx.

Living-Learning Community - The Bulls Business Community
Most freshmen are required to live on campus for the first year. As part of the Bulls Business Network, students are eligible to apply to the business-themed living learning community, the Bulls Business Community (BBC). Here, students are offered very different programming opportunities. An exclusive academic advisor and graduate assistant aid students as they navigate the university and the college. Dinners with the dean, meetings with CEO’s of various Tampa Bay businesses, improv sessions, study abroad opportunities, company tours and etiquette dinners are just a few of the beyond the books experiences provided to the 105 business students living on one floor in Juniper-Poplar Hall. In addition, all BBC students have the opportunity to apply to the Honors Program in Business. For further information about the BBC, please visit http://www.usf.edu/business/undergraduate/bbc/.

The Honors Program in Business
Exclusively for our best and most motivated students, this highly-selective program is designed to assist, accelerate and ensure the growth and development of our future leaders in academia and business. Business honors students will learn from USF’s best business research faculty, blending smaller classes, rigorous coursework and research efforts with unique applied learning opportunities.To graduate from the Honors Program in Business, students must fulfill all program requirements listed below:
• Sign and abide by the program’s Honor Pledge
• Live in the Bulls Business Community for two years
• Facilitate a service-learning project within a Business Honor’s cohort
• Participate in a study abroad experience with a Business Honor’s cohort
• Participate in at least one meaningful internship
• Complete all requirements for an honor’s thesis
• Maintain a 3.40 overall GPA

Upon completion of the requirements above, students will be identified at graduation and the statement “Business Honors Program” will be placed on the diploma and transcript.

Students should apply as seniors in high school. Alternatively, students may also apply after completion of their freshmen year in college from USF or outside USF. Students who complete an associate’s degree are also eligible for consideration into this program.

For further information, please contact the program director, Dr. Joni Jones at jonijones@usf.edu or visit the Business Honors Program website: http://www.usf.edu/business/undergraduate/honors/.

College Requirements

General Requirements for B.A./B.S. Degrees in Administration Business
Students must satisfactorily complete a minimum of 120 semester hours. Of the minimum 120, at least 60 hours must be business courses, and a minimum of 54 hours must be non-business courses (i.e., all courses not normally offered in the Muma College of Business). Additional electives may be required to reach a minimum of 120 hours and can be either business or non-business. NOTE: Beginning Fall 2013 the Muma College of Business will establish each fall a new minimum overall GPA required to satisfy the limited access GPA admission requirement. The minimum overall GPA will range between a 2.5 with a maximum required GPA of a 2.75. Students will be notified each fall as to the minimum entrance GPA required for the following fall semester. Notification will occur through CANVAS and updated at the following link: http://www.usf.edu/business/undergraduate/requirements-general.aspx.
As a part of the 120-hour requirements for the B.A. or B.S. degree, the following criteria also apply:

  • GPA: A minimum grade-point average of 2.0 must be achieved in the following areas:
    • The major and minor fields
    • College foundation courses
    • All USF coursework
    • Overall GPA (USF and all transfer work)
  • Gordon Rule: Students must have satisfactorily completed the writing and computation course requirements of the Board of Governor’s Regulation 6.107 (“Gordon Rule”).
  • Foreign Language: For a Bachelor of Arts degree, students must demonstrate competency in a foreign language (refer to the Academic Policies and Procedures section of this catalog). The Muma College of Business does not approve American Sign Language for the Foreign Language Exit Requirement.
  • Residency: Muma College of Business residency requirements for graduation exceed the minimum requirements established for USF. Students are required to complete satisfactorily at USF-Tampa a minimum of 50 percent (30-33 semester hours depending on major) of required business courses, including 12-18 semester hours in the major field. In addition, USF Muma College of Business students must meet residence requirements from the degree granting campus. Normally, independent study and independent research courses do not fulfill this requirement.
  • International Course Requirement: All business students are required to select at least one course that deals with contemporary international topics. Consult with a business advisor for approved courses.
  • Academic Dismissal: Students dismissed more than once from the USF System for academic reasons will not be readmitted to the Muma College of Business - Tampa.

Degree Requirements (120 credit hours)
NON-BUSINESS (54 hrs. minimum) 
1. Foundations of Knowledge and Learning Requirements

  • a. English Composition (6 credit hours)
  • b. General Education Core Mathematics and FKL Mathematics and Quantitative Reasoning (Calculus is required) (6 credit hours)
  • c. General Education Core and FKL Natural Sciences (6 credit hours)
  • d. General Education Core Sociall Sciences and FKL Social and Behavioral Sciences (6 credit hours) 
  • e. FKL Human Cultural Diversity Global Context (3 credit hours)
  • f. FKL Fine Arts (3 credit hours)
  • g. General Education Core and FKL Humanities (6 credit hours)

2. Exit Course Requirements

  • a. The Capstone Learning Experience Course (3 credit hours)
  • b. The Writing Intensive Capstone Course (3 credit hours)

3. Speech/Writing Requirements for Business Majors

  • a. SPC 2608 Public Speaking or COM 3110 Communication for Business and the Professions
  • b. ENC 3250 Professional Writing or ENC 3310 Expository Writing or equivalent

4. Additional elective credits
Students may or may not need to take additional hours to meet the minimum of 54 non-business credits (See “Electives” heading below for a suggested course)

BUSINESS (60-66 hrs. minimum):
1. Foundation Courses in Business - Required - a minimum grade of C- in each foundation course with an overall 2.0 GPA:

  • *ACG 2021 Principles of Financial Accounting
  • *ACG 2071 Principles of Managerial Accounting
  • ECO 2013 Economic Principles: Macroeconomics
  • ECO 2023 Economic Principles: Microeconomics
  • QMB 2100 Business & Economic Statistics I
  • BUL 3320 Law and Business I
  • FIN 3403 Principles of Finance
  • **ISM 3011 Information Systems in Organizations
  • QMB 3200 Business & Economic Statistics II
  • MAN 3025 Principles of Management
  • ***MAR 3023 Basic Marketing
  • GEB 4890 Strategic Management/Decision Making

2. Major Requirements (18-27 credit hours)
3. Business Electives:

  • CGS 2100

*Accounting majors must earn C not C- in ACG 2021 & ACG 2071
**Information Systems (ISM) majors must earn C not C- in ISM 3011
***Advertising and Marketing majors must earn C not C- in MKT 3023

Sufficient elective courses to reach a minimum of 120 hours (ranges from 0-6 credit hours if above requirements are met) Minimum total hours 120*

Grade Requirement

Courses are not available for audit. All courses in the major or minor field and all foundation coursework in business must be taken on a graded basis. S/U grading is available for Finance and Accounting internship courses only.

Student Organizations

All students are encouraged to participate in extracurricular activities. The following organizations provide a means for students to develop both professionally and socially while attending the Muma College of Business.

  • Accounting Society at USF – An organization dedicated to providing a channel of information and involvement to underclassmen and younger students who are interested in pursuing a degree in Accounting.
  • Alpha Kappa Psi - Provides a forum for leadership development in preparation for careers in all areas of business. Alpha Kappa Psi is a progressive, coed, professional business fraternity.
  • Association of Marketing Students – As a collegiate chapter of the American Marketing Association, this organization will help to further the growth of business-oriented individuals within the field of Marketing.
  • Beta Alpha Psi - The International Professional Accounting, Finance, and Information Systems Honors organization devoted to the promotion of the profession, inspiring professional ideals, and recognizing academic achievement.
  • Beta Gamma Sigma – An honor society that encourages and rewards outstanding scholarship among Business students.
  • Business College Council - Student representatives advise the dean and the faculty on student attitudes and goals. Also, the Council acts as a liaison between the Student Government Association and the Muma College of Business.
  • Delta Sigma Pi - Fosters the study of business and a closer affiliation between students and the business world. Delta Sigma Pi is a coed, professional business fraternity.
  • Economics Scholar Society – Promotes and develops the application of economic concepts within the student body and provide a social basis for interaction.
  • International Business Board - Promotes interest in international business, provides professional and cultural programs, and encourages dialogue regarding opportunities for study and work abroad.
  • Management Information Systems Society - The MIS Society is a career-oriented organization focusing on all areas of business data management and information systems development.
  • Minority Business Association - Encourages and supports students in their efforts to achieve success in a demanding academic setting.
  • National Association of Black Accountants - Develops, encourages, and serves as a resource for greater participation by African-Americans and other minorities in the accounting and finance professions.
  • Omicron Delta Epsilon - The International Economics Honor Society promoting outstanding achievements in economics and the establishment of closer ties between students and faculty.
  • Student Finance Association - An organization for Finance majors and other business-oriented students that provides exposure to the many facets and opportunities in the field of finance.
  • Women in Business Society - The USF Women in Business Society aims to bridge the gap between the academic and business worlds by exposing our members to successful female role models. Through speaking engagements and social events, our members have the opportunity to enhance their business skills, build their professional network, and expand their portfolios