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A bachelor's degree (from Middle Latin baccalaureus) or baccalaureate (from Modern Latin baccalaureatus) is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to seven years (depending on institution and academic discipline). In some institutions and educational systems, some bachelor's degrees can only be taken as graduate or postgraduate degrees after a first degree has been completed. In countries with qualifications frameworks, bachelor's degrees are normally one of the major levels in the framework (sometimes two levels where non-honours and honours bachelor's degrees are considered separately), although some qualifications titled bachelor's degrees may be at other levels (e.g., MBBS) and some qualifications with non-bachelor's titles may be classified as bachelor's degrees (e.g. the Scottish MA and Canadian MD). The term bachelor in the 12th century referred to a knight bachelor, who was too young or poor to gather vassals under his own banner. By the end of the 13th century, it was also used by junior members of guilds or universities. By folk etymology or wordplay, the word baccalaureus came to be associated with bacca lauri ("laurel berry") in reference to laurels being awarded for academic success or honours.[1] Under the British system, and those influenced by it, undergraduate academic degrees are differentiated as either non-honours degrees (known variously as pass degrees, ordinary degrees or general degrees) or honours degrees, the latter sometimes denoted by the addition of "(Hons)" after the degree abbreviation.[2] An honours degree generally requires a higher academic standard than a pass degree, and in some systems an additional year of study beyond the non-honours bachelor's. Some countries, such as Australia, New Zealand and Canada, have a postgraduate "bachelor with honours" degree. This may be taken as a consecutive academic degree, continuing on from the completion of a bachelor's degree program in the same field, or as part of an integrated honours program. These programs typically require completion of a full-year long research thesis project. Bachelor's degrees in the United States are typically designed to be completed in four years of full-time study, although some programs (such as engineering or architecture)[21] usually take five, and some universities and colleges allow ambitious students (usually with the help of summer school, who are taking many classes each semester or who have existing credit from high school Advanced Placement or International Baccalaureate course exams) to complete them in as little as three years. Some US colleges and universities have a separate academic track known as an "honors" or "scholars" program, generally offered to the top percentile of students (based on GPA), that offers more challenging courses or more individually directed seminars or research projects in lieu of the standard core curriculum. Those students are awarded the same bachelor's degree as students completing the standard curriculum but with the notation in cursu honorum on the transcript and the diploma. Usually, the above Latin honors are separate from the notation for this honors course, but a student in the honors course generally must maintain grades worthy of at least the cum laude notation anyway.[22] Hence, a graduate might receive a diploma Artium Baccalaureatum rite or Artium Baccalaureatum summa cum laude in the regular course or Artium Baccalaureatum summa cum laude in cursu honorum in the honors course. If the student has completed the requirements for an honors degree only in a particular discipline (e.g., English language and literature), the degree is designated accordingly (e.g., B.A. with Honors in English). In this case, the degree candidate will complete the normal curriculum for all subjects except the selected discipline ("English," in the preceding example). The requirements in either case usually require completion of particular honors seminars, independent research at a level higher than usually required (often with greater personal supervision by faculty than usual), and a written honors thesis in the major subject. Many universities and colleges in the United States award bachelor's degrees with Latin honors, usually (in ascending order) cum laude ("with honor/praise"), magna cum laude ("with great honor/praise"), summa cum laude ("with highest honor/praise"), and the occasionally seen maxima cum laude ("with maximal honor/praise"). Requirements for such notations of honors generally include minimum grade point averages (GPA), with the highest average required for the summa distinction (or maxima, when that distinction is present). In the case of some schools, such as Bates College, Carleton College, Colby College, Middlebury College, Guilford College, Franklin College Switzerland, and larger universities like the University of Virginia, Princeton University, North Carolina State University, University of Massachusetts Amherst, a senior thesis for degrees in the humanities or laboratory research for natural science (and sometimes social science) degrees is also required. Five notable exceptions are Reed College, Massachusetts Institute of Technology, The Evergreen State College, Sarah Lawrence College, and Bennington College, which do not have deans' lists, Latin honors recognitions, or undergraduate honors programs or subjects.
A business school is a university-level institution that confers degrees in business administration or management. According to Kaplan business schools are "educational institutions that specialize in teaching courses and programs related to business and/or management".[1] Such a school can also be known as school of management, school of business administration, or colloquially b-school or biz school. A business school teaches topics such as accounting, administration, strategy, economics, entrepreneurship, finance, human resource management, management science, management information systems, international business, logistics, marketing, organizational psychology, organizational behavior, public relations, research methods and real estate among others. There are several forms of business schools, including a school of business, business administration, and management.
Kaplan classifies business schools along four Corners:[2]
Common degrees are as follows.
BCom, BA, BS, BBA (Bachelor of Business Administration), BBus (Bachelor of Business), BSBA, BAcc, BABA, BBS, BMOS and BBusSc (Bachelor of Business Science)
Some business schools structure their teaching around the use of case studies (i.e. the case method). Case studies have been used in Graduate and Undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more. Business schools often obtain case studies published by the Harvard Business School, INSEAD, London Business School, the Kellogg School of Management at Northwestern University, the Ross School of Business at the University of Michigan, the Richard Ivey School of Business at The University of Western Ontario, the Darden School at the University of Virginia, IESE, other academic institutions, or case clearing houses (such as The Case Centre). Harvard's most popular case studies include Lincoln Electric Co.[44] and Google, Inc.[45] Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching:
In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research, management information systems, statistics, organizational behavior, modeling and simulation, and decision science. The leading institution in this method is the Tepper School of Business at Carnegie Mellon University. The goal is to provide students a set of tools that will prepare them to tackle and solve problems. Another important approach used in business school is the use of business games that are used in different disciplines such as business, economics, management, etc. Some colleges are blending many of these approaches throughout their degree programs, and even blending the method of delivery for each of these approaches. A study from by Inside Higher Ed and the Babson Survey Research Group[48] shows that there is still disagreement as to the effectiveness of the approaches but the reach and accessibility is proving to be more and more appealing. Liberal arts colleges in the United States like New England College,[49] Wesleyan University,[50] and Bryn Mawr College are now offering complete online degrees in many business curriculae despite the controversy that surrounds the learning method. There are also several business schools which still rely on the lecture method to give students a basic business education. Lectures are generally given from the professor's point of view, and rarely require interaction from the students unless notetaking is required. Lecture as a method of teaching in business schools has been criticized by experts for reducing the incentive and individualism in the learning experience.[51]
Ohio /oʊˈhaɪoʊ/ (
The state takes its name from the Ohio River, whose name in turn originated from the Seneca word ohiːyo', meaning "good river", "great river" or "large creek".[15][16][17] Partitioned from the Northwest Territory, Ohio was the 17th state admitted to the Union on March 1, 1803, and the first under the Northwest Ordinance.[12][18] Ohio is historically known as the "Buckeye State" after its Ohio buckeye trees, and Ohioans are also known as "Buckeyes".[5] Ohio rose from the wilderness of Ohio Country west of Appalachia in colonial times through the Northwest Indian Wars as part of the Northwest Territory in the early frontier, to become the first non-colonial free state admitted to the union, to an industrial powerhouse in the 20th century before transmogrifying to a more information and service based economy in the 21st. The government of Ohio is composed of the executive branch, led by the Governor; the legislative branch, which comprises the bicameral Ohio General Assembly; and the judicial branch, led by the state Supreme Court. Ohio occupies 16 seats in the United States House of Representatives.[19] Ohio is known for its status as both a swing state and a bellwether in national elections.[20] Six Presidents of the United States have been elected who had Ohio as their home state. Ohio is an industrial state, ranking 8th out of 50 states in GDP (2015), and is the second largest producer of automobiles behind Michigan. In 2010, Ohio was ranked No. 2 in the country for best business climate by Site Selection magazine, based on a business-activity database.[99] The state has also won three consecutive Governor's Cup awards from the magazine, based on business growth and developments.[100] As of 2016, Ohio's gross domestic product (GDP) was $626 billion.[101] This ranks Ohio's economy as the seventh-largest of all fifty states and the District of Columbia.[102] The Small Business & Entrepreneurship Council ranked the state No. 10 for best business-friendly tax systems in their Business Tax Index 2009, including a top corporate tax and capital gains rate that were both ranked No. 6 at 1.9%.[103] Ohio was ranked No. 11 by the council for best friendly-policy states according to their Small Business Survival Index 2009.[104] The Directorship's Boardroom Guide ranked the state No. 13 overall for best business climate, including No. 7 for best litigation climate.[105] Forbes ranked the state No. 8 for best regulatory environment in 2009.[106] Ohio has 5 of the top 115 colleges in the nation, according to U.S. News and World Report's 2010 rankings,[107] and was ranked No. 8 by the same magazine in 2008 for best high schools.[108] Ohio's unemployment rate stands at 4.5% as of February 2018,[109] down from 10.7% in May 2010.[110][111] The state still lacks 45,000 jobs compared to the prerecession numbers of 2007.[112] The labor force participation as of April 2015 is 63%, slightly above the national average.[112] Ohio's per capita income stands at $34,874.[102][113] As of 2016, Ohio's median household income is $52,334,[114] and 14.6% of the population is below the poverty line[115] The manufacturing and financial activities sectors each compose 18.3% of Ohio's GDP, making them Ohio's largest industries by percentage of GDP.[102] Ohio has the third largest manufacturing workforce behind California and Texas.[116][117] Ohio has the largest bioscience sector in the Midwest, and is a national leader in the "green" economy. Ohio is the largest producer in the country of plastics, rubber, fabricated metals, electrical equipment, and appliances.[118] 5,212,000 Ohioans are currently employed by wage or salary.[102] By employment, Ohio's largest sector is trade/transportation/utilities, which employs 1,010,000 Ohioans, or 19.4% of Ohio's workforce, while the health care and education sector employs 825,000 Ohioans (15.8%).[102] Government employs 787,000 Ohioans (15.1%), manufacturing employs 669,000 Ohioans (12.9%), and professional and technical services employs 638,000 Ohioans (12.2%).[102] Ohio's manufacturing sector is the third-largest of all fifty United States states in terms of gross domestic product.[102] Fifty-nine of the United States' top 1,000 publicly traded companies (by revenue in 2008) are headquartered in Ohio, including Procter & Gamble, Goodyear Tire & Rubber, AK Steel, Timken, Abercrombie & Fitch, and Wendy's.[119] Ohio is also one of 41 states with its own lottery,[120] the Ohio Lottery.[121] The Ohio Lottery has contributed over $15.5 billion to public education in its 34-year history.[122] Ohio's system of public education is outlined in Article VI of the state constitution, and in Title XXXIII of the Ohio Revised Code. Ohio University, the first university in the Northwest Territory, was also the first public institution in Ohio. Substantively, Ohio's system is similar to those found in other states. At the State level, the Ohio Department of Education, which is overseen by the Ohio State Board of Education, governs primary and secondary educational institutions. At the municipal level, there are approximately 700 school districts statewide. The Ohio Board of Regents coordinates and assists with Ohio's institutions of higher education which have recently been reorganized into the University System of Ohio under Governor Strickland. The system averages an annual enrollment of over 400,000 students, making it one of the five largest state university systems in the U.S. Notable schools consistently ranking in the top 50 nationally of the U.S. News & World Report overall or liberal arts rankings are Case Western Reserve University, Oberlin College, and Kenyon College. Ranking in the top 100 nationally of the U.S. News & World Report are Ohio State University and Miami University.[149]
Industry DescriptionOhio ListingThe Bachelor of Science in Business/Administration program is designed for the working adult employed in a business or public organization. The major is designed to enable graduates to deal effectively with an increasingly complex business environment. The major stresses skill development in the areas of financial accounting, managerial finance, quantitative analysis, economics, marketing, and business-based research. Business organizations today are seeking professionals with broad-based knowledge of modern business theory and practices and their interrelationships to meet the challenges of operating in a global electronic marketplace. Advanced computer technology is driving employers to look for graduates who can effectively apply technology to business strategy, management and decision-making. You may select from different majors, including
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