Through our shared commitment to excellence in teaching, research, and service, we prepare students to be skilled and ethical business professionals who will make significant positive contributions to organizations, to communities, and to our larger society.
The first choice for business education in Illinois.
We value excellence in instruction and enhanced student learning; We value a dedication to knowledge creation; We value a commitment to citizenship in and service to our institution, state, and nation; We value a culture of shared governance; We value balanced excellence in the classroom, in research and intellectual contributions, and in service; We value high ethical standards as embodied in our Standards of Professional Behavior and Ethical Conduct.
The College offers programs leading to the bachelor’s degree with majors in Accountancy, Business Administration, Business Information Systems, Business Education, Finance, Risk Management and Insurance, International Business, Management, and Marketing. Minor programs are also available. The College of Business is accredited by AACSB International—the Association to Advance Collegiate Schools of Business.
Beginning freshmen must meet Illinois State University admission requirements prior to being considered into a College of Business major. Admission into the College of Business is selective and considers a prospective freshman’s high school transcript (grade trends and rigor of courses completed), grade point average, and ACT/ SAT scores, in the decision. Students are strongly encouraged to complete a rigorous high school math sequence as they prepare for admission into a College of Business major.
Transfer students from other universities or colleges and internal transfers (transferring from majors within Illinois State University) are admitted into the College of Business through a competitive and selective process. Transfer students must have met all university admission requirements (transferring from other universities or colleges) or be in academic good standing (transferring from majors within Illinois State University). The College of Business reserves the right to maintain a balanced enrollment; the number of students who continue in the program may vary from year to year depending on program capacity and the qualifications of students in the pool.
In addition, transfer students must meet the following criteria:
- Students desiring to transfer with fewer than 45 credit hours completed or in progress when they apply to become a business major are evaluated based upon their college coursework, GPA (where an established GPA exists), and College of Business admission criteria for incoming freshmen.
- Students desiring to transfer with between 45-59 credit hours completed or in progress when they apply to become a business major are evaluated based upon their college coursework, GPA, and College of Business admission criteria.
- Students desiring to transfer with 60 credit hours or more completed or in progress when they apply to become a business major are evaluated based upon their college coursework, GPA, and College of Business admission criteria. The College requires that these transfers, in their first semester at Illinois State, complete BUS 100 with a grade of C or better and prove computer competency (spreadsheet usage, presentation software, and Web page construction) through completion of one of the following courses or their equivalents:
In addition to the general requirements of the University and the College, the following policies apply to transfer students from other academic institutions seeking a business degree:
- Credit for business and related courses from 2-year institutions may be transferred and applied to the business core but is limited to 100-level (lower-division freshman and sophomore) course placement.
- Credit for business and related courses from baccalaureate degree granting institutions may be transferred and applied to the business core and to the major if the course for which the credit is being transferred is at the equivalent level of the Illinois State University course, contains the same course content and requires equivalent prerequisites.
Each student must successfully complete the college capstone course (MQM 385) and their major’s designated capstone course at Illinois State University and must earn at least 50 percent of the business credit hours required for the degree at Illinois State University. Please contact an academic advisor for information concerning specific majors’ capstone courses.
All students are limited to 27 credit hours of business coursework which is strictly enforced by the College through registration restrictions. Business majors may exceed this limit once they have met Standards for Progress (i.e. continuance) as a business major. Admission to the major does not imply the student will be accepted for continuance once they have completed 60 credit hours.
The continuance requirements represent minimum standards for a student to continue as a business major. The College reserves the right to maintain a balanced enrollment; the number of students who continue in the program may vary from year to year depending on program capacity and the qualifications of students in the pool. Some students who satisfy the minimum standards may not be allowed to continue in a particular business major or program.
Minimum requirements which allow a student to qualify to continue as a business major are as follows:
- Complete, with a grade of C or better, the following tool courses: ACC 131, ACC 132; BUS 100; ECO 101 and ECO 102 (or ECO 105); MQM 100 (or ECO 138 or POL 138 or PSY 138); MAT 121 or MAT 145. (NOTE: BE majors must complete MAT 120 or MAT 121 or MAT 144 or MAT 145.)
- Prove computer competency (spreadsheet usage, presentation software, and Web page construction) through completion of the following: (ACC 167 and ACC 168; IT 150; IAI BUS 902).
- Earn an overall Illinois State University GPA of 2.50 or higher on at least 12 completed hours.
- Accountancy and Business Administration majors must earn a minimum B/C grade combination between ACC 131 and ACC 132, including transfer courses.
- Accountancy majors must also earn a minimum B/C grade combination between ACC 230 and ACC 231.
- Business Education majors must earn a 2.50 cumulative and major GPA for continuance in their major and Admission to Professional Education.
The academic requirements of the University apply to all of the programs in the College of Business. In addition, the following special academic requirements apply to all students in the College of Business:
- Required courses in the major with grades below C will not count toward the graduation requirements of College of Business majors.
- Students must have a 2.00 GPA or higher at Illinois State in order to graduate with a business degree. Business Education majors must earn and maintain a 2.50 major and cumulative GPA through graduation.
- Students majoring in business must complete their senior year (30 hours) in residence at Illinois State University. Under unusual circumstances the Dean of the College of Business may grant a modification of this requirement.
- Each student must successfully complete the college capstone course (MQM 385) and their major’s designated capstone course at Illinois State University, and must earn at least 50 percent of the business credit hours required for the degree at Illinois State University.
- Enrollment in 200-level business courses requires 60 completed semester hours. Enrollment in 300-level business courses requires 75 completed semester hours. This policy is strictly enforced.
- Students who go on probation a second or subsequent time will be dropped from the College of Business.
- The College of Business strictly enforces a two graded attempt policy for any and all courses included in any business major or minor. As such, the college only allows a student to repeat a course in his or her business major or minor once. If a satisfactory grade is not earned in the second attempt, the student will be dismissed from their College of Business major or minor. Students who earn a WX grade in either attempt must apply for permission to complete a third enrollment. A student may not enroll for a third time in any required course in their business major or minor if they have already received letter grades (A, B, C, D, or F) in two previous attempts. Students pursuing majors or minors outside the College of Business that include one or more business courses as requirements will also be held to the College’s two-graded attempt policy.
- Students-at-large and graduate students must apply for permission from the College of Business to register for business courses. Such students will be required to furnish official transcripts to show that prerequisite requirements have been fulfilled. Some courses in the College have restricted and/or limited enrollments and may not be an option. These students, as all non-business majors, are restricted to 27 hours of business course work.
Non-business majors are limited to no more than 27 credits of business coursework.
The Business Core Courses (46 hours)
- BUS 100
- ACC 131
- ACC 132
- ECO 101
- ECO 102
- ENG 145A13
- FIL 185
- MQM 100 or ECO 138 or POL 138 or PSY 138
- MAT 121
- ACC 270
- FIL 240
- MKT 230
- MQM 220
- MQM 227
- MQM 385
- All business majors are expected to show proficiency in the usage of electronic spreadsheets (MS Office Excel), presentation software, and Web page construction by coursework (ACC 167 and ACC 168; IT 150; IAI BUS 902 or equivalent).
- Majors in Business Education take alternate courses to meet the requirements for MAT 121, MQM 227 and MQM 385 as specified under the program’s requirements.
- Prerequisites for all business courses are strictly enforced and must be successfully completed by the first day of the semester. Please see the course description for individual course prerequisites.