The mission of the School of Business and Management Sciences is to prepare students, primarily from Northeast Indiana, for professional business careers of increasing responsibility and leadership in a global society.

To accomplish this mission, the role of the School’s faculty, as a scholarly community, is
 

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The mission of the Department of Accounting and Finance is to serve the needs of the department's constituencies by providing accounting and finance education to citizens of northeastern Indiana, service and support to the professional and university communities, and opportunities for faculty development.

The major objective of the accounting program is to provide a program of professional accounting education that will enable graduates to become productive and contributing members of the accounting profession and provide them with a foundation upon which continued life-long learning can be built. To meet these objectives, students graduating from the accounting program should possess the following knowledge and skills:

 1. An understanding of generally accepted accounting principles and the accounting theory that provides an overall framework for the development of such principles.

2. An understanding of financial and managerial accounting, commercial law, taxation, auditing, and other elements of accounting and finance as they apply to business enterprises, governmental agencies, and not-for-profit organizations.

3. The analytical ability to develop and utilize accounting, financial, legal, taxation, and other information to solve complex and unstructured business problems.

4. The ability to communicate clearly and persuasively about accounting, finance, and other related matters, both in writing and orally, to business professionals.

5. An understanding of ethical behavior in the accounting profession and an awareness of situations with ethical ramifications that will provide the student with a framework useful for developing solutions to ethical dilemmas.

1. An understanding of the essentials of corporate finance as they relate to the performance of a specific business organization.

2. An understanding of and the ability to integrate the essentials of investment finance as they relate to wealth maximization.

3. The ability to synthesize unstructured data and information into a unified business plan or solution.

4. An awareness and appreciation of the global environment in which most organizations conduct business and reach appropriate business decisions.

5. The ability to communicate clearly and persuasively about finance and other related matters, both in writing and orally, to other business professionals.

The Department's broad, long-range goals fall into four categories. These categories are: (1) Instructional, (2) Intellectual Contributions, (3) Professional Service, and (4) Organizational. The members of the faculty recognize that these goals have important interactions and therefore success in one is dependent upon success in the others. The purpose of this document is to state the goals in broad terms so as to permit the identification of specific objectives and to elaborate concerning the Department's mission.

The Department's primary mission is teaching at both undergraduate and graduate levels in the AACSB accredited business programs. The Department fulfills the roles of a service department, and offers its own concentrations and major. The majority of students served by the Department are in the introductory economics and statistics courses required as a core of foundation knowledge courses that are prerequisites to advanced courses in the business curricula. Advanced courses are offered for the economics concentration in the business major and for the major in economics offered through the School of Arts and Sciences. Further, the Department provides introductory courses in economics and statistics for students outside of the accredited business programs. The Department also offers elective courses in support of other concentrations and majors.

The Department's primary goal is to offer the highest quality instruction in both its service and specialty courses. Faculty are expected to provide specific valid and reliable information concerning the quality of their instructional efforts consistent with the rules and regulations of the School, Campus and University and consistent with AACSB guidelines. The Department's faculty routinely gathers survey data concerning student perceptions of instructional quality, outside appraisals of instructor outputs such as video taped lectures, syllabi, examinations, and unsolicited student comments.

Evidence concerning the quality of instructional efforts for students outside of the traditional classroom setting may also be submitted by the faculty. For example, evidence concerning faculty performance in supervising independent study students, advising student organizations, and the direction of student research activities may be submitted. Innovations in both the affective and cognitive instructional domains are also encouraged. Innovations that increase the instructional effectiveness of faculty within the Department are an important supporting effort to the overall goal of optimizing instructional quality.

In conclusion, the Department intends to demonstrate that its courses are current and that its students have achieved cognitive and affective mastery of economics and statistics necessary for further academic success and, perhaps more importantly, successful careers in business organizations. In specific, the academic program in economics will enable graduates to:

The primary goal in intellectual contributions is for the faculty to make original contributions to the body of knowledge in economics. Of greatest importance in this area is publication of refereed original research in journals of national standing in economics, statistics, and closely allied fields. Other scholarly contributions, where subject to peer review and appraisal, are also deemed of importance. For example, major contributions such as scholarly books or textbooks and minor contributions such as proceedings and presentations can be meritorious. By accomplishing this primary goal, the Department will increase its visibility and reputation for excellence in scholarship at the national level (and secondarily at the regional level) by intellectual contributions of importance within the field.

Intellectual contributions are supporting activities which will enhance the instructional and service missions of the Department and School. Intellectually active faculty members are a necessary prerequisite to quality instruction. Further, the ability to serve in high offices or working committees in national or regional professional organizations is enhanced when a reputation for scholarly excellence is achieved. The Department's faculty must also be consistently engaged in appropriate scholarly activities that will further the School's goal of AACSB accreditation and contribute to the School's quest for a reputation for scholarly excellence.
 

Faculty members at Indiana University, IPFW, and SBMS are expected to share in the governance activities of the institution. It is therefore necessary that faculty members in the Department are willing and able to serve on committees and in administrative roles that further the legitimate organizational goals of their academic units. Such service is premised upon professional contributions, integrity and selflessness appropriate to the highest traditions of the academy.

The Department's faculty also strive to serve their profession. Roles such as officers or committee membership in prestigious regional and national organizations are encouraged. High quality service in such organizations permits networking and the sharing of information which has the potential of enhancing the Department's reputation, access to recruiting in the job market, and collegiality across institutions.

Consulting and local service activities that bring credit and/or resources to the general use of the Department or School are encouraged. The Department also has specific service missions that serve specific clientele, such as the Center for Economic Education. The demonstration of a nexus between professional merit and service rendered is required of the faculty member engaged in these activities.

Collegiality is the basis upon which the academy pursues common objectives. The primary organizational goal is to facilitate individual diversity among members of the faculty who, in turn, will pursue the common goals of excellence in instruction, intellectual contributions, and service. Good citizenship, selflessness, and cooperation are hallmarks of a healthy academic environment. The Department will establish and maintain a healthy academic environment that will encourage individual contributions to the commonweal. To this end, the Department will encourage faculty members and students to attain academic excellence, to recognize and reward excellence, to endeavor to correct deficiencies, and to provide the resources necessary to accomplish the Department's mission.

The Department's objectives are presented using the same categories in which the goals were presented.

 1. The Department will increase its commitment to national and regional organizational service significantly (based on the departmental point system).

2. The Department will increase its commitment to campus self-governance activities.

 

The teaching mission of the Department of Management and Marketing is to provide students with a solid, high quality baccalaureate education that enables them to excel in entry-level management and marketing positions in an uncertain global economy, to assume accelerated career paths through sound decision making, leadership, teamwork and personal social responsibility, and to excel in graduate study in business.

Consistent with IPFW Senate Document 88-33 (approved 4/10/89), upon completion of the degree requirements for Bachelor of Science in Business with a concentration in either management or marketing, students should possess the foundation, knowledge, and awareness skills acquired mainly in the general education core. Further, students, in a global environment should be able, in a socially-responsible manner, to:
 

The School of Business and Management Sciences is committed to providing a high-quality graduate business program. The mission of the M.B.A. program is to provide students with a strong educational foundation designed to produce professional managers capable of rendering effective and socially responsible business decisions in the global economy.

Upon the completion of the degree requirements for the Master of Business Administration, students are expected to demonstrate: