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Undergraduate Programs

The Maine Business School (MBS) at the University of Maine offers a 4-year Bachelor of Science degree in Business Administration with majors in: accounting, finance, management, and marketing, as well as a concentrations in international business, management information systems and entrepreneurship.  Peruse our MBS Viewbook (PDF). The MBS is accredited by the AACSB International – The Association to Advance Collegiate Schools of Business since 1974 and is one of only a few schools in New England with this credential.  An estimated 25% of all business programs in the United States have earned this accreditation. The Maine Business School educates students in solid, foundational business principles.  Students must earn a C- or better in all core business classes (BUA 101, 201, 202, 220, 235, 270, 325, 337, 343, 350, and 449) and may repeat any class only once in order to maintain academic good standing. The following is a sample curriculum only.  It will vary by major and other factors such as advanced placement credits or taking classes in summer session.

First Year

During the first year students should complete BUA 101, 235, ECO 120, 121, ENG 101, CMJ 103, PSY 100, and MAT 115.  Accounting students should take BUA 201 and BUA 202 during their first year.
Fall Semester (15 credits) Spring Semester (15 credits)
  • BUA 101 Introduction to Business
  • ECO 120 Principles of Microeconomics
  • ENG 101 College Composition OR CMJ 103 Fundamentals of Public Communication
  • PSY 100 General Psychology
  • BUA 235: Management Information Systems OR Elective (general education)
  • ECO 121 Principles of Macroeconomics
  • MAT 115 Applied Math for Business and Economics (or MAT 126) Math placement test MUST be taken
  • CMJ 103 Fundamentals of Public Communication OR ENG 101 College Composition
  • Elective (general education) OR BUA 235: Management Information Systems
  • Elective (general education)

Sophomore Year

During the sophomore year students should complete BUA 201, 202, 220, 270, 325, STS 215 and COS 213. Students should note that several courses satisfy more than one general education requirement allowing for a wider selection of electives later. Accounting students should take BUA 301 and 302 during the sophomore year. The sample below is just a suggestion for course sequencing.  Please note that BUA 201 is a prerequisite to BUA 202.
Fall Semester (15-16 credits) Spring Semester (15-16 credits)
  • BUA 201 Financial Accounting
  • STS 215 Statistics for Business & Economics (may substitute STS232)
  • BUA 220 The Legal Environment of Business OR BUA 270 Marketing
  • Gen Ed: Population & Environment
  • Gen Ed: Lab or Applied Science
  • BUA 202 Managerial Accounting
  • COS 213: Advanced Excel Spreadsheet Design
  • BUA 325: Introduction to Management
  • Gen Ed: Lab or Applied Science
  • BUA 270 Marketing OR BUA 220 The Legal Environment of Business
  • Gen Ed: Artistic & Creative Expression

Note: the artistic & creative expression & cutlural diversity electives may be satisfied by a careful choice of an English elective.

Junior and Senior Years

Students  are asked to declare a major by the end of their sophomore year. During the junior and senior years students must complete all Core Requirements and requirements for their chosen Major Field. By the end of the senior year students must have completed all requirements listed on the graduation requirements sheet for the B.S. in Business Administration with at least a 2.0 overall grade point average (GPA) and a 2.0 GPA in business and economics courses.
 
Beginning with the Fall 2018 Semester: MBS Students must earn a C– or better in courses that are prerequisites for business courses: 
 
BUA 267, 301, 302, 305, 363, 378, 382
ECO 120 and 121
MAT 115, 116 and 126
PSY 100
STS 215 and 232
 
Note that the C– or better requirement for business core courses (BUA 101, 201, 202, 220, 235, 270, 325, 337, 343, 350, and 449) still applies.

Recommended Computer Hardware and Software for MBS Students The Maine Business School maintains a computer lab dedicated to our undergraduate students, which supplements the UMaine computer labs and wireless campus.  We recommend students purchase a reliable Windows based or Mac laptop with the latest MS Office software.  


Application Process & Admission Criteria

Undergraduate admissions is handled by the Admissions Office of the University of Maine.  The University seeks candidates whose academic credentials, scholastic achievement and motivation indicate promise for success in its programs.  Admission is granted on a rolling basis and applications are available and may be completed online at the UMaine Admissions website.

The Maine School of Business requires that incoming first-year students have 4 years of English, 4 years of mathematics (Algebra I & II, Geometry and an additional year of senior-level mathematics), 2 years of a foreign language, 2 lab sciences, and 2 years of history or other social science.  Students who do not meet all these requirements but whose academic credentials are otherwise strong, will be admitted on a conditional basis.

Transfer Applicants:  Students wishing to transfer to the Maine Business School from other programs within the University of Maine or from other Universities or Institutions must have a minimum 2.50 GPA in order to be admitted. Business courses outside of Accounting Principles 1 & 11 (BUA 201- Financial Accounting and BUA 202 – Managerial Accounting) and Business Law (BUA 220) taken at programs not accredited by the AACSB rarely transfer. Specific questions regarding transferability of credit should be addressed to the Undergraduate Office of the Maine Business School 581-1997 or joannel@maine.edu.


Policy on the definition of a credit hour

The University of Maine and the University of Maine at Machias acknowledge and adhere to the federal definition of a credit hour with respect to courses offered face to face, in hybrid format, and online, as developed in 2010 and published in the Code of Federal Regulations (CFR), Title 34, Part 600.02:

[A] credit hour is an amount of work represented in intended learning outcomes and verified by evidence of student achievement that is an institutionally established equivalency that reasonably approximates not less than: 

(1) One hour of classroom or direct faculty instruction and a minimum of two hours of out of class student work each week for approximately fifteen weeks for one semester or trimester hour of credit [ . . . ] or the equivalent amount of work over a different amount of time; or

(2) At least an equivalent amount of work as required in paragraph (1) of this definition for other academic activities as established by the institution[,] including laboratory work, internships, practica, studio work, and other academic work leading to the awarding of credit hours.

Rev. September 2018