University of Richmond Bulletin
LIBRARY
UNIVERSITY OF RICHMOND VIHGINIA
School of Business Administration
CATALOGUE
NUMBER FOR 1949 With Announcements for Session 1949-1950
UNIVERSITY of RICHMOND BULLETIN
VOLUME LI August 5, 1949
NUMBER 5
Entered as Second Class Matter at the Post Office at the University of Richmond, Virginia, under the Act of Congress of August 24, 1912.
Published by the University of Richmond seven times a year: once in March, three times in April, twice in August, and once in December.
CATALOGUE of the School of Business Administration
University of Richmond 1949
WITH ANNOUNCEMENTS FOR 1949-1950
Day Classes-University of Richmond Campus
Evening Classes-Columbia Building, Grace and Lombardy Streets
Phone 6-9485
FOR INFORMATION, ADDRESS
F. BYERS MILLER, Dean
School of Business Administration
University of Richmond, Virginia
,.. LI RARY
UNIVERSITY OF RICHMOND VIRGI IA
BO ARD 0 F TRUSTEES
D S FREEMAN , Ph D , Litt.D ., D.Lit ., L.H.D , LL D. , D C.L.. Rector
SPARKS W MELTO N, D D,, ............... ., Vice-Rec tor
C HARLES H. WHEELER , III , Ph.D ., D.Sc . ., ..... Secr etar y -Treasur er
C LA SS ON E
Te rm expir es
June , 1950
CLASS Two
T erm expir es
Jun e, 1951
CLASS THR EE
Te rm expires
June , 1952
C L AS S Fo u R
T erm expir es
June , 195 3
C L ASS FI VE
T erm expir es
J u ne , 1954
CLAss Six
T erm expires
J u ne , 1955
C LAS S S EVEN
T erm expir es
Ju ne, 1956
CL A SS E IGHT
Ter m ex pir es
J u n e, 1957
R C Williams ..... ...... .......................... ,,.Richmond
John W. Edmonds, Jr ...... ,,............ ..Accoma c
Hunt er Mill er ,, ,, ,, .,,.... ,,..... Bedford
Morris Sayr e, D.Sc,, ,, ,, ,,...N ew York
Th eodor e F. Adams , D.D ...... .. Richmond
Overton D D ennis ....... ,,.... .............. Richmon d
J. Vaughan Gary ................. ......... Richmond
Eli zab eth N Tompkin s .................... ,,.Richmond
W. M . Bassett.. ....... ......... Bassett
R yland Knight, D .D ... .... ........ ,, Pula ski
T. B. M cAdam s, LL.D ... ,, ,, Baltimor e
T. Justin Moo re , LL D .............................. ...Richmond
E. W Hud gins, LL D,, ............... .................. Chase Cit y
Emily Gardner, M.D ,, .......... ..,,.Richmond
E. T. Cl a rk , D .D ,,... ...... . Winchest er
D S Fr eeman, Ph.D., LL.D ..... ....... ........... Richmond
E B J ac kson, D.D ,,..................... ......... ...H a rrisonbur g
S P. R yla nd ,,...................... Richm ond
M . M . Lon g .... ...... ... St Pau l Wm. Hugh Bagby ............ Baltimo re
J. C M et ca lf , LL D ,,........... ...... ...... Univ er sity of V a. H enr y M . T ay lor .................. ... ..... ...... ,, Richmon d
E . B. Syd n or ........ .Richmo nd J. L. Camp , Jr.. Frankli n
E. Tu r pin Willi s.... Culp eper
W. R Broaddu s, Jr. ............. ..Martinsvill e
J. B. Woodw a rd, J r. , D Sc,, ...... ..N ewport N ews
E H. Titmus .... ....... .......... Petersbur g
J a m es T. Tu cker, M D ,, .............. ........... Ri chmo nd
Jo seph A L eslie, J r.. .......................... ......... ...... Norfol k
L How a rd J enkins ......................... Ri chmond
J. P. McCabe , D D,, .... ........ .................. M a rtinsvill e
Wilmer L O'Fl ahert y.......... ........ .... ... .. ......... Richmond
J . G . Holt zclaw ...Richmond
R eub en E All ey, D .D ......... ... ... .... Richmond
Ga rl and Gr ay ... ............ ........ ..Wav erly
Mr s. E B Willingh am ,, ..... .... ....Washingto n
Spark s W . M elton , D.D ,, ,, Norfol k
H. Hit er H a rris ............... .... Richmond
Rob ert F Ca verl ee, D D .............. Fr ed erick sburg
BUSINESS ADVISORY BOARD
T. COLEMAN ANDREWS T. Coleman Andrews & Co.
HARRY H. AUGUSTINE State-Planters Bank and Tr ust Co.
THOMAS C. BousHALL The Bank of Virginia
J MALCOLM BRIDGES Richmond Chamber of Commerce
FRANK s. CALKINS Leach, Calkins & Scott
NORMAN CALL
Richmond, Fredericksburg & Potomac R.R. Co.
JAMES L. CAMP, JR Camp Manufacturing Comp any
HENRY G. CHESLEY, JR. Wilson Paper Box Company , Inc
B 0. CONE
Crawford Manufacturing Co ., Inc.
WARREN L. CURTIS Boswell & Curtis
IRVING D. DAWES Virginia-Carolina Chemical Corporation
OVERTON D DEN N IS Dominion Oil Company
DOUGLAS S. FREEMAN Rector, University of Richmond
H. HITER HARRIS First and Merchants National Bank
ROBERT V. HATCHER
Atlantic Life Insurance Co.
WIRT H. HATCHER Philip Morris & Co. Ltd., Inc.
ROBERT E. HENLEY Life Insurance Company of Virg inia
J. G. HOLTZCLAW
Virginia Electric and Po w er Co.
L HOWARD JENKINS L. H Jenkins, Inc.
J. AMBLER JOHNSTON
Carneal and Johnston
HUGH LEACH
Federal Reserve Bank of Richmond
E.T. LEMMON
Essa Standard Oil Company
FRANK G. LOUTHAN
Virginia Manufacturers Assn ., Inc.
WADE G. MCCARGO
H. V. Bald w in & Co. , Inc
IRVING MAY
Thalhimer Bros., Inc.
CLAUDE D M IN OR
Virginia F ire & Marine In s. Co.
A. K. MrssrM E R E. I. du Pont d e Nemours & Co ., Inc.
LEE PASCHALL Wise Contra ct ing Co.
JAMES A RENN IE
A . M. Pullen & Compan y
RICHARD S. REYNOLDS, JR. Reynolds Metals CompanJ '
WEBSTER S RHOADS, JR
Miller and Rhoad s, Inc.
GEORGE C. ROBINSON
Retail Merchants Assn. of Richmond
T. BRADY SAUNDERS
Miller Manufacturing Co., Inc.
MORRIS SAYRE
Corn Products Refining Co.
THOMAS J. STARKE
Richmond Engineering Co ., I nc.
EUGENE B. SYDNOR Richmond Dry Goods Co., Inc.
MORTON G. TH A LHIMER Morton G. Thalhimer, Inc.
J. BROCKENBROUGH WOODWARD, JR.
Newport News Shipbuilding and Dry Dock C o
ADMINISTRATIVE OFFICERS
FREDERICK WILLIAM BOATWRIGHT, M.A ., LL.D., L.H.D. CHANCELLOR
GEORGE MATTHEWS MODLIN, Ph D , LL.D. PRESIDENT
CHARLES H. WHEELER, III, Ph .D., D.Sc. TREASURER
F. BYERS MILLER. M.B A. DEAN
CLARENCE J. GRAY, M.A . DEAN OF STUDENTS
CULLEN PITT, M.A., M.D. UNIVERSITY PHYSICIAN
LUCY T. THROCKMORTON
ACTING LIBRARIAN
OTHELL HAND, Th M
DIR E CTOR OF RELIGIOU S ACTIVITIE S
FACULTY OF INSTRUCTION
MERTON E. CARVER Professor of Psycholog y
A .B. , M.A., University of Rochester; Ph.D., Harvard University.
RAYMOND B. PINCHBECK Professor of Business Administration
B.S. , M S., Ph D., University of Virginia.
HERMAN P. THOMAS
Professor of Economics, Chairman, Dept. of Economics
B S., Richmond Colle ge; M.A., Ph .D ., University of Virginia
SPENCER D. ALBRIGHT Associate Prof essor of Political Scienc e
B A., Uni vers ity of Ar ka nsas; A M , University of Chi cago; Ph.D., Uni vers ity of Texas.
EUGENE E. FORD Associate Pro/ essor of Accounting
B.A., LL B , Uni ver sity of Richmond; C.P.A.
EMANUEL M. LAST Associate Prof essor of Bus. Administration
B.A., Montcl air State Teacher s College; M.S., New York University
THOMAS E. LAVENDER . A ssociate Prof essor of Romance Languag es
B.A., University of Alabama ; M.A., Ph D., Harvard University
F. BYERS MILLER . Associate Professor of Business Administration
B.S., Baldwin-Walla ce College ; M.B.A. , Ohio State Unh er sity.
LEWIS F. BALL • . . .
Ph.D., John s Hopkins University. A ssistant Professor of English
EnwIN B. BROOKS, JR.
Assistant Professor of Business Administration
B.S. in Bus. Admn., M.S. in Bus. Admn., University of Richmond; Ohio State University.
BEN F. CURRY . . . • • Assistant Professor of Economics
A.B., Florida Southern College; M.A., University of North Carolina.
E. SHERMAN GRABLE
Assistant Professor of Mathematics
B.S., M.A., Washington and Jefferson College; Yale University.
AusTIN E. GRIGG Assistant Professor of Psychology
B.A., M.A., University of Richmond; University of Iowa; Vanderbilt University.
NATHANIEL H. HENRY Assistant Professor of English
A B., M.A., Ph.D., University of North Carolina.
E. Ro BERT WELSCH Assistant Professor of Business Administration, Director of Placement
A.B., Wabash College; M .B.A., Indiana University.
SAMUEL H. BAKER Instructor m Accounting
B.S. in Bus. Admn ., University of Richmond; C.P.A.
EL.MER BILLMAN, JR. Instructor in Mathematics
A.B , DePauw University; M.S ., Iowa State College.
JOSEPH E. NETTLES Instructor in Public Relations Former Staff Writer, Associated Press.
JACK N. WAGONER Instructor in Economics
A.B., A.M ., Indiana University
LECTURERS
C. J. ADAMS Traffic Management
Chief of Revision, Chesapeake and Ohio Railway Company.
M. L. ARMISTEAD Bank Administration Chief Examiner, Federal Reserve Bank of Richmond.
F. J. BARNES, II, A.B., A.M. Effective Speaking Planning Engineer Virginia Planning_ Board; formerly Assistant Professor ef Political Science, Washington and Lee University.
JACK H. BASKERVILLE Trusts I and II
Graduate A.I.B. and Graduate School of Banking, Trust Officer, First & Merchants National Bank.
JOHN w. BATES, JR., B.S. Real Estate Partner, Harrison & Bates.
ARTHUR C. BECK, JR., B.S. in Bus. Adm., M.B.A. Director of Research and Media , Lindsey & Co., Inc. Marketing
RALPH E. Boccs, JR., B.S. . . . . Supervisor Training Spinning Area Supervisor, DuPont de Nemours & Co., Inc.
ANDREW J. BRENT, LL.B. Business Law
Partner , Christian , Barton, Parker , & Boyd.
UNIVERSITY OF RICHMOND
MELVIN W. BURNETT, B.S., M.S. in Bus. Adm. Management Executive Secretary, Board of Supervisors, Chesterfield County.
SHERWOOD C. BUTLER
Credits and Collections Fellow, National Institute of Credit, Assistant Office Manager, Larus & Bro., Co.
A. M. CLEMENT, B.S. in Bus. Adm., C.P.A. Accounting Tax Accountant and Statistician, Virginia Electric & Power Co.
L. C. COTMAN Accounting Chief Accountant, Miller & Rhoads, foe.
GORDON L. CRENSHAW, B.A. Small Business Management Sales Assistant, Universal Leaf Tobacco Co.
WARREN F. CURTIS Property Insurance Member nf the firm of Boswell & Curtis; member of State Bar Association.
DOUGLAS F. CUTTING Traffic Management Traffic Manager, Sanders Brothers Company.
J. DEWEY DAANE, A.B., M.P.A., D.P.A. Business Cycles Ec ..nowist, Federal Reserve Bank of Richmond.
JOHN E. DAMEREL, A.B. Personnel Management Personnel Director, Thalhimer Brothers, Inc.
JACK F. DERRICKSON Casualty Insurance Underwriter, New Amsterdam Casualty Co.
ALAN S. DoNNAHOE Statistics Member of Virginia Bar and Director of Research, Richmond Chamber of Commerce.
CHAS. C. DRUMMOND Accounting Chief Accountant, Virginia State Corporation Commission.
DONOVAN ARTHUR EASTIN, B.S. in Bus. Admn. Advertising Director, Sales Promotion, Miller & Rhoads.
CHARLES M. ECKMAN, B.A., M.B.A. Business Management President, Richmond Restaurant Service, Inc.
GEORGE V. EVANS Traffic Management Traffic Manager, Virginia-Carolina Laundry Supply Corp.
THOMAS P. FOLEY, B.S. in Commerce Consumer Credit Manager, Consumer Credit Dept., State-Planters Bank and Trust Co.
L. E. GALASPIE Traffic Management General Traffic Manager, Reynolds Metals Company.
EDWARD F. GEE, C.P.A. Accounting Graduat~ A.I.B. and Graduate School of Banking; Vice President, State-Planters Bank & 1rust Company.
JAMES M. GILLEY, B.S. in Bus. Admn., C.P.A. Accounting Partner, Leach, Calkins and Scott.
EDWARDI. HARDY, C.P.A. Accounting Partner, Leach, Calkins and Scott
JAMESD. HAWKINS, C.L.U.
Life Insurance
Production Supervisor, Provident Mutual Life Insurance Co., Richmond, Va.
GEORGEC. HENKE, B.S., M.S., in Bus. Admn. Property Insurance Assistant Secretary, Virginia Fire and Marine Insurance Co.
CHARLESE. HILL, B.S. in Industrial Engineering
Chief Industrial Engineer, Slaughter, Saville & Blackburn, Inc
BERNARDS. HOLT
Partner, Abbott, Proctor & Paine
C. P. HUMPHRIES
Sales Manager, W. H. Stovall & Co., Inc.
CLIFFORDB. JOHNSON
Job Evaluation
Security Markets
Sales Management
Casualty Insuranc e Area Underwriter, National Surety Corp
WILLIAMF. JOHNSON, A.B.
Office Management
Auditor of Disbursements, Chesapeake & Potomac Telephone Co.
DALLASL. JoNEs, B.A., B.F.S International Trade
Commercial Agent in Charge of International Trade, U. S Dept. of Commerce
WILLIAMH. KING, A.B., LL.B.
Lawyer, McGuire, Eggleston, Bocock & Woods.
BERNARDW. LAPRADE
Business Law
Banking Fundamentals
Graduate A.I.B.; Vice-President, The Bank of Virginia.
PAUL R. LAURITZEN,Ph.B.
President, Lauritzen Motors, Inc
ST GEORGET. LEE, B.A.
Salesmanship
Industrial Engineering
Industrial Engineer , Wortendyke Manufacturing Company.
FRANCISV. LOWDEN, JR., A.B., LL.B.
Member of the firm of Hunton, Williams, Anderson, Gay & Moore.
E. F. MAcDoNALD, B.A., M.A., Ph.D.
Labor Law
Finance
Economist, Federal Reserve Bank of Richmond; formerly Associate Professor of Economics, University of Richmond.
FRANKJ. MARTIN,A.B.
Office Methods
Methods and Standards Engineer, DuPont de Nemours & Co., Inc.
CLAUDED. MINOR
President, Virginia Fire & Marine Insurance Company
NORMAN J. MOHR, C.P.A.
Stafi:'Accountant, F. L. Worcester & Co.
EVERETTM . OWEN, B.A.
Property Insurance
Accounting
Inland Marine Insurance
Vice-President and Secretary, Davenport Insurance Corporation.
UNIVERSITY OF RICHMOND
VICTOR E. PREGEANT, III, B.A., LL.B. Business Lau.J Assistant City Attorney, Richmond, Va.
JOHN B. PURCELL, B.A., M.B.A. Investments Investment Division, First and Merchants National Bank.
ROBERT B. RAWLES, B.A. Life Insurance Finance Investments Department, Atlantic Life Insurance Co.
GEORGE w. REILLY, A.B.
Commercial Law and Negotiable Instruments Harvard Law School; member of the firm of Mitchell & Reilly.
J. GARLAND ROWLETT, C.P.A. Accounting Assistant Finance Officer, Veterans Administration District Office.
A. B. ScoTT, B.A., LL.B. Life Insurance Law General Counsel, Atlantic Life Insurance Company; formerly Assistant Professor of Law, University of Virginia.
AUGUSTUS M. SPONG, JR. Advertising Advertising Staff, Richmond Newspapers, Inc.
T. I. STORRS, B.A. Federal Reserve Economist, Federal Reserve Bank of Richmond.
HARTWELL F. TAYLOR Fundamentals of Banking Graduate A.I.B.; Assistant Vice-President, Bank of Virginia.
MORTON G. THALHIMER, M.A.!. Real Estate President, Morton G. Thalhimer, Inc.
EDWARD A. w AYNE Bank Administrati<m Graduate A.I.B.; Vice-President, Federal Reserve Bank of Richmond.
DAVID MEADE WHITE, LL.B. Business Law Attorney, Richmond, Va.
J. AsA WHITT, C.P.A. Accounting Partner, Baker, Brydon, Rennolds and Whitt , Certified Public Accountants.
DONALD S. WILLCOX, B.A., M.B.A. Economics Trust Dept., State Planters Bank & Trust Co.
CHARLES ZoPPA, A.B. Salesmanship Manager and Assistant Secretary, Lauritzen Motors, Inc.
SCHOOL OF BUSINESS ADMINISTRATION
FACULTY COMMITTEES
ACADEMICCouNCIL: Miller, Thomas, Pinchbeck, Last, Ford.
ADMISSIONS: Miller, Thomas, Welsch.
CATALOGUE: Brooks, Wagoner, Ford.
PERSONNEL: Welsch, Last, Thomas, Gray, Carver, Hand.
VISUAL Arns: Last, Baker, Curry.
UNIVERSITY COMMITTEE ON ARTS: Wagoner.
UNIVERSITY COMMITTEE ON CONVOCATIONS: Thomas.
UNIVERSITY COMMITTEE ON FACULTY MEETINGS: Brooks.
UmvERSITY CoMMITTEE ON FACULTY SocIAL AFFAIRS: Welsch.
u NIVERSITY COMMITTEE ON FACULTY RESEARCH: Thomas
UNIVERSITY COMMITTEE ON GRADUATESCHOLARSHIPS: Miller.
UNIVERSITY COMMITTEE ON PUBLIC LECTURES, CONCERTS AND BROADCASTS: Last.
UNIVERSITY CoMMITTEE ON SCHEDULE: Brooks.
UNIVERSITY COMMITTEE ON VESPERS AND RELIGIOUS LtFE: Thomas.
UNIVERSITY SENATE: The President, the Deans and the members of the Academic Councils of the six Colleges of the University.
The President and Dean of the School are ex officio members of all committees.
General Information
ORGANIZATION
The School of Business Administration had its origin in 1920 as the department of economics in Richmond College which eventually became the department of economics and applied economics. In 1924 the Evening School of Business Administration was organized as a separate division of the University of Richmond . In 1949 the department of economics and applied economics in Richmond College and the Evening School of Business Administration were combined to form the School of Business Administration with both day and evening classes. Day classes are conducted on the three hundred acre University campus in suburban Westhampton about five miles from the center of Richmond. Evenin g classes meet in the Columbia Building, Grace and Lombardy Streets , on the site of the old Richmond College campus.
The School of Business Administration is one of the six division s of the University of Richmond, which was founded and is supported by the Baptists of Virginia. Other divisions with dates of founding are Richmond College (1832); The T. C. William s School of Law (1870); Westhampton College (1914); the Summer School ( 1920) ; and the Graduate School ( 1921 ) . Each college has its own dean, its own faculty, and its own institutional life. The University Senate, on which sits representatives of all th e faculties, provides for intercollegiate cooperation.
The legal name of the corporation is UNIVERSITYOF RICHMOND. The Board of Trustees of the University of Richmond controls all endowment and other funds and makes all appropriations. Th e degree of Bachelor of Science in Business Administration as well as all degrees for work done in any of the colleges is conferred by the University of Richmond. Ultimate authority is vested in the Board of Trustees and the President of the University.
Richmond is an ideal location for a School of Business Administration because of the large number of establishments which are available as busine ss laboratories and clinics, the diversity of business activity, and its proximity to Washington, D. C. and larg e bu siness centers .
LIBRARY FACILITIES
The libraries of the University contain over 100,000 volumes. The main collection of the University Library is housed in the Charles Hill Ryland Building. A large reading room and a specialized library dealing with economic subjects and current business affairs are maintained in the Columbia Building especially for the use of evening students.
Special collection of books, pamphlets and research materials are maintained by the Richmond Society of Public Accountants, the Richmond Chapter of the National Office Management Association, and the Richmond Chapter of the American Institute of Banking
SCHOLARSHIPS
The University of Richmond holds a number of scholarships which pay in whole or in part the tuition or other fees of students who are appointed to receive their benefits. Scholarship appointments do not apply to the Summer School.
Persons seeking scholarship appointment should make application by April 1 each year for the session opening the following September. Application should be made on a printed form which may be obtained from the UNIVERSITYCOMMITTEEON ScHOLARSHIPS, University of Richmond, Va. Most of the scholarship appointments are made in April, and the complete list is made up by July 1. New students must also submit an entrance certificate duly filled in, or other satisfactory evidence of scholastic fitness.
The University provides a number of "Service Scholarships" which require the holder to make some return in service to his college while he holds the scholarship. Service Scholarships are rarely granted to freshmen.
A student who has been granted a scholarship, in order to make his appointment effective, must deposit with the University Treasurer before August 1 the sum of twenty-five dollars ($25.00). This deposit will be applied in full on the entrance fees of the nonresident student . The dormitory student who makes a room deposit of ten dollar s ($10.00) need make an additional deposit, on account of his scholarship, of only fifteen dollars ($15.00). A student who has made a College Fee deposit of twenty-five dollars ($25.00) need make no additional scholarship deposit.
The University also holds several loan funds from which loans not exceeding $200 in any one year may be made to worthy members of the junior and senior classes.
STUDENT GOVERNMENT
The student self-government organization, known as the Student Government of the School of Business Administration, was established by the students to represent and further the best interests of the student body and the School in general, and to bring about cooperation and efficiency among the various student organizations Each full-time student is a member of this organization. It is vitally concerned with maintaining the honor system in the School. Part-time students are represented by the Student Advisory Committee, the members of which are elected by the students in the evening classes.
THE HONOR SYSTEM
The Honor System requires that a man shall in all the relation s of student life act honorably. Breaches of Honor Code are cheating , violations of signed pledges, stealing, lying, failure to report violations of the Honor Code, and, in general, breaking one's word of honor under any circumstanc es.
GENERAL EXPLANATION
1. The Pledge: "On my honor as a gentleman, I have neith er given nor received aid."
2. Meaning of the Pledge: The pledge on quizzes, examination s, written problems, and exercises means that the work which th e student hands in to his professor is his own, which he himself h as done in accordance with the requirements laid down by the facult y in the regulations set forth below.
3. Ex ercise Car e : It is also important that everyone should exercise the greate st care to keep himself free from suspicion of evil. Such practices as lea ving the examination room for any length of time unaccompanied or too frequently, or taking an examination alone, or bringing texts and note books into the examination room , or carelessly glancing toward another student's paper-these ar e
discouraged by the Honor Council. While they do not of themselves constitute infringements of the Honor Code, such practices are dangerous for both the individual and the continued well-being of the Honor System.
All students should take every opportunity of acquainting themselves in detail with the working of the Honor System as well as with these general principles.
The Honor System is a principle of conduct and not a set of rules for conduct. It should be understood that the following statement is intended only to cover the chief and most easily misunderstood applications of that principle, and not to serve as a substitute for it.
PLEDGED WORK
I. No test, examination, theme, term paper, or parallel reading report will be accepted which does not have the customary pledge written out in full and signed.
II. The placing of the pledge on a test or examination paper means that the student has used no books, notes, or other aids except by explicit permission of the instructor.
A. When a book is used by permission of the instructor, it must be free from annotations in that part of the book used.
B. When an oral test is given, no books or notes are to be used except by explicit permission of the instructor.
III. The placing of the pledge on a term paper or theme means that the work is the student's own and contains no plagiarism-that is, theft from another writer. There are two kinds of plagiarism: copying the ideas or facts belonging to another; and copying his words.
A. To avoid the first kind, it is necessary, whenever the student consults any reference work or other source, that he give in the body of his paper or in a footnote the name of the reference work or author.
B. To avoid the second, it is necessary, whenever the student uses the words of another, that he enclose them in quotation marks and give in his paper or in a footnote the name of the author.
C. Plagiarism is not avoided by using the words of another with a few alterations.
D. In general, it is not undesirable for students to co-operate or to help one another in the preparation of their themes, or even in the shaping of the material for their themes. It must be clearly understood, however, that the actual papers must be written without aid.
IV . The placing of the pledge on a parallel reading test or report means that the student has actually read the book or number of pages claimed.
U NPLEDGED WoRK
On all unpledged work it is understood that the student's signing the paper with his name means that he has observed the following principles :
I. A student may work and discuss his home work with other students, but may not turn in, as his own, work which he has merely copied from another and to which he has not substantially contributed.
II. A student must make laboratory reports only on work which he has actually done in the laboratory and on results actually obtained there
LITERARY SOCIETIES AND FORENSIC ACTIVITIES
There are three literary societies-the Mu Sigma Rho, the Philologian, and the Samuel Chiles Mitchell Societies. The societies hold weekly meetings for declamation, debate, and other literary exercises.
STUDENT PUBLICATIONS
The Messenger-This is a magazine devoted to the development of literary activity among all the students of the University. In this periodical are published short stories, poems, essays, book reviews, and editorials on questions of local academic interest.
The Richmond Collegian-This is a weekly newspaper in which are published up-to-date news articles on every phase of university life.
The Web-This is an annual volume issued usually in May or June, abundantly illustrated and forming a transcript of a year of college life.
The student publications of the University are controlled by th e administration and the students jointly through an incorporated board, whose legal title is "University of Richmond Publications , Incorporated."
THE UNIVERSITY BAND
The University Band, composed entirely of students, has added much to the spirit of the campus. It plays for athletic contests and for other student functions. Prospective students who are interested in this organization are invited to bring their instruments.
SCHOOL OF BUSINESS ADMINISTRATION
THE UNIVERSITY CHOIR
The University Choir, composed of students from all divisions of the University, sings at Convocations and other University functions .
GLEE CLUB
This club offers opportunity to learn to read music at sight, and the experience gained enables many of the members to lead other groups in singing.
UNIVERSITY PLAYERS
The University Players is the University dramatic organization, open to all students in the University, and working in conjunction with the Department of Dramatic Arts.
The University Playhouse and the Luther H. Jenkins Greek Theatre are equipped for experimentation and production. The workshop offers the technical student opportunity for experimentation in the dramatic field.
Each year keys are presented to those members of the two upper classes who have rendered conspicuous service to the organization.
YOUNG MEN'S CHRISTIAN ASSOCIATION
An active Young Men's Christian Association is maintained in the University. Its object is to promote the spiritual and moral welfare of the students. Meetings, addressed by representative students, faculty members, and prominent men from Richmond, are held weekly.
SOCIAL FRATERNITIES
There are eleven national Greek-letter social fraternities in the University of Richmond. They are: Phi Delta Theta, Phi Gamma Delta, Phi Kappa Sigma, Sigma Alpha Epsilon, Theta Chi, Kappa Alpha, Kappa Sigma, Pi Kappa Alpha, Sigma Phi Epsilon, Lambda Chi Alpha, and Phi Alpha. Two representatives from each of these fraternities and the faculty committee on fraternities constitute the Interfraternity Council. The operation and conduct of all fraternal groups are subject to the strict regulation of the administration and faculty of the University.
PRIZES
1. The Charles T. Norman Medal for the best graduate in Business Administration has been endowed by Mr. Norman and is aw,u,ded annually.
2. The T. Coleman Andrews & Company award of twenty-five dollars is awarded to the student in any of the evening classes in advanced accounting who is deemed by the dean and the faculty to be best equipped by character, personality, intellectual' capacity and broad educational training to succeed in the profession of accountancy.
3. The Life Agency Managers prize, established by the Life Agency Managers of Richmond, is given to the student who attains the highest scholastic standing in the life insurance classes.
4. The Sales Executives Club of Richmond awards a prize to the student who attains the highest standing in the salesmanship class. ·
5. The Richmond Chapter of the National Office Management Association awards a prize to the student receiving the highest grade in the office management class.
6. The Richmond (Va.) Traffic Club awards prizes to the two best students in each of the classes in traffic management.
HONOR SOCIETIES
Omicron Delta Kappa-for the recognition of high attainment s in scholarship, athletics, literary endeavor, and social leadership.
Tau Kappa Alpha-for the recognition of forensic and debating attainments.
Pi Delta Epsilon-for the recognition of attainment in journalistic activities.
Society for the Advancement of Management-for the recognition of high attainments in the School of Business Administration.
HONORS CONVOCATION
Early in the second semester the University holds an honors convocation, under the joint auspices of the several honor societies.
At this convocation elections to the several honor societies are made public.
RELIGIOUS SERVICES
Students have easy access to all the advantages afforded by the various city and suburban churches, with their Bible classes, Sunday Schools and worship services. Prayer meetings conducted by the students themselves are held once, or oftener, every week. On Thursdays at 7: 00 P. M., the University unites in a Vesper Service for praise and prayer and a spiritual message.
ASSEMBLIES AND CONVOCATIONS
Students and faculty attend the College assemblies from 11: 30 to 12: 20 o'clock on the first and third Tuesdays and each Thursday. The Tuesday meetings are for School of Business only; the Thursday meetings are convocations of the University. Exercises are conducted by the President, Dean, or other meqibers of the faculty. From time to time, prominent visiting speakers address these assemblies on educational, civic, and religious themes. These assemblies give opportunity for announcements of interest and importance to the students and for presentation of student affairs.
Attendance at assemblies and convocations is required of all students. Three unexcused absences are permitted each semester. For each unexcused absence in excess of three, a student is required to add a half-semester hour to the requirements for the degree for which he is a candidate.
SOCIETY OF ALUMNI
Alumni of the University have long been organized into the General Society of Alumni, which holds annual meetings to renew old associations, maintains a close connection with Alma Mater, and furthers the cause of higher education. The association engages the services of an alumni secretary and publishes an alumni magazine.
The officers of the society are: William Hugh Bagby, Jr., Baltimore, Md., President; D. N. Davidson, Orange, Va., Chairman Alumni Council; and Joseph E. Nettles, Richmond, Va., Secretary.
Administration
FACULTY
JN -STRUCTION BY BUSINESS MEN AND PROFESSIONAL
TEACHERS
Two groups are represented in the faculty of the School of ·Business: the professional university instructor who is devoting his life to education as a career, and the active business executive or government official who has achieved success in his vocation and who is willing to conduct a college course in the field of his major interest. Most of the business men who are affiliated with the School's faculty have had former teaching experience. Through these two groups, each with its special emphasis, there results a balanced education which gives due weight to both the theoretical and the practical.
To supplement the instruction offered by members of the regular faculty of the School of Business Administration, a number of prominent business executives and government officials in Richmond have generously agreed to meet with various classes and give to the students the benefit of their specialized knowledge and experience.
ADMISSION REQUIREMENTS
DAY CLASSES
Full-tim e stud en ts :
For admission to the School of Busin ess Administration, th e general requir ements are as follows:
1. The applicant must present a transcript from an accredited college or university showing that he has completed a minimum of sixty semester hours of work including six semester hours of Principles of Economics, or its equivalent.
2. The applicant must have earned a minimum of sixty quality credits. Quality cr edits are calculated from academic hours on the following basis: each semester hour passed with grade A shall count three quality credits; with grade B, two quality credits; with grad e C, one quality credit; with grade D, no quality credit.
3. Admission is open to men and women students. No University residence facilities are available for women students.
Part-time students:
Part-time students may be admitted to day classes on the same basis as for evening classes as listed below.
EVENING CLASSES
Four classifications of students, both men and women, are admitted into the Evening Classes of the School of Business Administration:
( 1) Special students. Adults over twenty-one years of age who are not high school graduates may be admitted as special students.
(2) High school graduates. Young men and women who have graduated from high school with at least fifteen approved units are eligible to enter.
(3) Present or former college students. To those young people who have attended college a year or more without graduating, the School of Business offers an opportunity to continue their university training while being employed. Courses are also elected for credit by undergraduates now attending other divisions of the University, especially in Richmond College and the T. C. Williams School of Law.
(4) College graduates. Many students enrolled in the Evening Classes are college and university graduates. Graduates of liberal arts colleges who wish to extend their general education, graduates of engineering colleges who wish to supplement their technical knowledge, and graduates of university schools of commerce who wish to specialize further in particular fields of activity, have found benefit in the training provided. College graduates can also obtain in the evening credits leading to the degree Master of Science in Business Administration.
THE PERSONNEL PROGRAM AND THE FACULTY ADVISER SYSTEM
The Director of Placement, with the assistance of the Dean of Students and the Faculty Personnel Committee, plans and super-
UNIVERSITY OF RICHMOND
vises a program of student personnel services designed to stimulate the highest possible morale, scholarship, and general well-being of students in the School of Business Administration. Personnel histories and other pertinent information relating to the activities of students and details of their college careers are assembled and maintained on file in the office of the Director of Placement.
Each new full-time student is required to take a series of psychological tests during the first month of school. The results of these tests are used for vocational counseling, for advising on proper course of study, and for placement purposes upon graduation.
Each full-time student is assigned a Faculty Adviser according to his field of concentration. He nieets at regular intervals with his Adviser to discuss his program of study, his progress and such other problems as he may desire. The student is required to have a conference with his adviser at least once a month.
HEALTH DEPARTMENT
Excellent provision is made for care of the health of all students resident on the campus. During Orientation Week a thorough physical examination by the university medical staff is required of all new students. Dormitory and fraternity house students receive the daily attention of the college physician and his assistants . Infirmary rooms are provided, to which students are removed whenever necessary. There is no extra charge for the use of infirmary rooms or for the attendance of the physician's assistants who look after the needs of the sick.
ATHLETICS
The President of the University has general oversight and control of athletics and is authorized to forbid any features in these exercises which endanger the health or morals of the participants.
The University holds membership in the Southern Athletic Conference and the National Collegiate Athletic Association, and all intercollegiate sports are subject to the rules and regulations of these organizations. A committee of the faculty has charge of the enforcem1mt of the se regulations.
SCHOOL OF BUSINESS ADMINISTRATION
CHANGE OF COURSE OR SECTION
After the close of formal matriculation, no student is permitted to add or drop a course or change his section without the approval of the Dean.
No change in a course of study will be permitted later than one week from the opening date of the semester, except in unusual cases recommended by the Dean.
For any course dropped by day students after the first week of the semester, the grade "F" will be recorded. For any course dropped by evening students after mid-semester, the grade "F" will be recorded.
All requests to drop classes must be made in writing to the Dean.
GRADING
The standing of students in class work and in examinations is indicated as follows: the letter A indicates that the work has been excellent (95-100); B, that it has been very good ( 88-94); C, that it has been average (80-87); D, that it has been just passing (75-79); and E and F indicate failure.
SPECIAL EXAMINATION AND REMOVAL OF INCOMPLETE GRADES
The grade "E" is a failing grade. However, this grade may be changed to E-o.k." and full semester credit allowed under the following conditions:
1. Upon the written recommendation of the professor, the student may be allowed a special examination, the passing of which will give full semester hour credit for the course.
2. Upon the written recommendation of the professor and the approval of the general faculty, full semester hour credit will be allowed for the first semester of a continuous course because of subsequent good work or supplemental work during the following semester in that course.
No quality credits may be allowed in either case.
A student who has received an incomplete grade on a semester's work must complete this work within twelve months from the beginning of the semester in which this incomplete grade was incurred .
If a student has a failing grade in both semesters of a continuous course, the course must be repeated. Special examinations may be given only on the dates specified in the College Calendar and upon authorization from the Dean's office, preceded by the payment of a fee of two dollars. All arrangements for special examinations must be made at least two weeks before the date of the examination. A student is permitted only one special examination on any course, and this must be taken within twelve months from the beginning of the semester in which the grade of "E" was incurred.
All seniors must make up all failing and incomplete grades of previous sessions by the end of the first semester. A senior may not make up by a special examination a deficiency on more than one subject taken in the senior year, and this examination may not be given until the end of the second semester. If at the end of the first semester a senior has failed on as many as two subjects required for his degree he cannot remain a member of the senior class without special action of the faculty.
Day Division
MATRICULATION
Matriculation of day students begins Monday, September 12th at 9: 00 A. M. in the School of Business Building on the campus. Classes meet regularly on Friday and Saturday, Septembfr 16th and 17th.
The program for matriculation of full-time students will be mailed early in September to all applicants.
Students who fail to complete matriculation by 12: 00 noon, Saturday, September 17th will be charged an extra fee of $5.00.
Entrance credentials should be filed with the Dean as soon as possible after February 1st.
LIMITS OF WoRK
A student is required to take at least fourteen hours of scholastic work a week and is not allowed to take more than six classes totaling twenty hours a week, except upon special permission from the Dean.
CLASS RATING OF STUDENTS
All first-year students shall be classed as juniors in the School of Business Administration. They shall remain in such classification until they meet the requirements to be classed as seniors.
All students who lack only one year's work for the completion of all degree requirements, who matriculate for such required courses, and whose applications for degrees have been filed and approved, shall be classed as seniors in .the School of Business Administration.
Students taking less than twelve hours of work and who are not candidates for a degree in the semester in which they are carrying less than twelve hours will be classified as Part-Time Students. A student must pay full fees for the semester in which he is a degree candidate. Part-time students are not entitled to class membership, athletic ticket book, or student publications.
DEAN'S LIST OF DISTINGUISHED STUDENTS
The Dean's List will comprise all students who have made 35 quality credits in the preceding semester with not more than one
UNIVERSITYOF RICHMOND
"C" and with no grade lower than a "C". Students on the Dean's List are entitled to optional attendance. Such optional attendance, however, may not be allowed in any course in which a "C" grade was made.
SEMESTER REPORTS
Reports are sent to parent or guardian four times a session: at mid-semester periods and in February and June. These include a record of the student's class and examination standing, with such other information as may be deemed important. Whenever it seems desirable, more frequent reports are sent. Prompt cooperation on the part of those to whom they are addressed will make these reports of real value in improving a student's work.
DEGREE CREDIT FOR EXTRA-CURRICULAR ACTIVITIES
The following credits may be granted for extra-curricular activities, although in no case may a student offer for degree credit more than a total of four hours in both physical exercise and extracurricular activities.
LITERARYSocrnTY-1/2 semester hour for each semester's work.
PUBLICATIONS-¼ semester hour for each semester's work.
GLEE CLUB-1 semester hour for each semester's work.
CHOIR-¼ semester hour a session.
INTERCOLLEGIATEDEBATING-----¼semester hour a session.
BAND--1 semester hour for each semester's work.
To obtain credit in these extra-curricular activities, a student must meet the qualifications set up for the activity in which he is engaged and be certified for credit to the Dean's office by the faculty adviser or director of that activity.
RULES GOVERNING CLASS ABSENCES
1. A student is allowed each semester as many unexcused absences in each class as the semester-hour value of that classthree unexcused absences from a three-hour class, four from a four-hour class, etc. These absences are granted to take care of necessary business engagements, delayed transportation, and other emergencies. Students are warned not to be absent from class except in cases of emergency. A student who absents himself for
trivial reasons in the early part of the semester may have emergencies later which will cause him to lose credit for the course.
2. The Dean can excuse absences for illness only upon a doctor's, parent's or guardian's certificate. Such certificates must be presented to the Dean within a week from the end of the illness, and the excuse must be presented to the professor within two days after the Dean has issued it .
.3. Each professor shall notify the Dean as soon as a student has the maximum number of unexcused absences in his class. A student shall be excluded from the class immediately upon his exceeding this maximum, and the Dean shall be notified of this action at once. No credit can be received for a course in which the student has exceeded the maximum number of unexcused absences allowed him.
4. An absence from a class or laboratory period the last meeting before or the first meeting after a holiday period shall be counted as two absences.
5. The members of each team or group of students shall be excused from classes while away representing the College, provided the trips of any one team or group do not necessitate its members' being away from college for a total of more than seven class days. At least one day prior to the departure of any group or team a list of the men composing it must be presented to the Dean of Students
6. In all cases of absence a student will be held responsible for the work of the class during his absence, and may be required to take a special test on such work.
DEFICIENT STUDENTS
To remain in the School of Business Administration, a student must pass at least twelve semester hours and earn at least twelve quality credits each semester. Any student who has failed at the end of the first semester to meet these requirements must appear before a faculty committee by whom his request to matriculate for the second semester will be considered.
All reinstated students will be on probation for the succeeding semester, but in cas es where the midsemester reports show good grades, the Dean may remove the probation.
While on probation, a student is not permitted to participate in student activities such as athletics, debating, dramatic and musical organizations, or to represent the college in any public capacity.
GENERAL REGULATIONS
The deportment of a gentleman is the standard to which every student is expected to conform. All appropriate means are used to develop and confirm a sense of personal honor and sacred regard for truth, as upon these rests the best reliance for good conduct. A few plain and reasonable rules are prescribed, and each matriculate must pledge himself to obey them.
1. Occupants will be held responsible for the good order of their rooms and for any damage or defacement. Changes from one room to another may be allowed by the Dean of Students , but must not be made without his consent.
2. If a student destroys, defaces, or in any way damages college property, or aids and abets others in so doing, he shall within twenty-four hours report the fact to the Dean of Students. Students will be charged pro rata for all damages not individually accounted for.
3. No club or society may be formed unless the faculty approves its plan and purpose, the rules by which it proposes to be governed, and the hours of meeting.
4. If a student desires to room and board off the campus, such living arrangements are subject to examination and approval by the Dean of Students.
5. Any student who resides in a dormitory, fraternity house , or residence other than the home of his parent or guardian, and wh o wishes to maintain and operate an automobile while enrolled in the School, must file in the office of the Dean of Students hi s parent's or guardian's written approval before this will be permitt ed
6. Students must register all motor vehicles used on the campu s and abide by regulations concerning the use of such vehicle s. Failure to regist er a motor vehicle or abide by the regulations will subject the student to penalties.
In observance of these rules and in all matters not specifically mentioned, the deportment of a gentleman and a student is th e
standard to which everyone is expected to conform. His sense of honor is the main reliance, and his word in matters touching his own conduct will be called for at the discretion of the Deans or President. In matriculating students, the right is reserved to require the immediate withdrawal from college of any student whenever the faculty decides that such action is desirable.
DEGREE
The Bachelor of Science in Business Administration is the only degree offered by the School of Business Administration. Work can be taken in the School for the degree Master of Science in Business Administration which is offered by the Graduate School of the University of Richmond.
The academic requirements for the degree are stated in semester hours, one class period per week through a semester being the unit. Quality credits are calculated .from academic hours on the following basis: a semester hour passed with grade A shall count three quality credits; with grade B, two quality credits; with grade C, one quality credit; with grade D, no quality credit.
A total of 124 semester hours of work and 120 quality credits are required for the degree At least 60 semester hours, including the work of the senior year, must be completed in the University of Richmond.
Basic Cours es
Each student is required to pass with a grade of no less than C each of the following courses:
Accounting 203-204, Fundamentals of Accounting Economics 301, Money and Banking
Bus. Admn. 301-302, Business Law
Bus. Admn. 307, Statistics
Bus. Admn. 321, Principles of Marketing
Bus. Admn. 341, Industrial Management
Bus. Admn. 365, Corporation Finance
Bus. Admn. 398-399, Senior Seminar in Business
Field of Concentration
Prior to the completion of the first semester of work in the School, each student must select a field of concentration from
among the following: Accounting, Business Economics, Finance, Insurance, Management, and Marketing. His program of study must be approved by his faculty adviser and be filed in the Dean's office. In each case the field of concentration will consist of no less than twenty-one semester hours of work. Each course in the field of concentration must be passed with a grade of no less than C.
Thesis
Not later than one week after the start of the semester in which he expects to graduate, the student must submit to his adviser an acceptable thesis which he has written on a subject in his field of concentration. The student should work closely with his adviser in selecting a subject, preparing the outline, and planning the research.
SUGGESTED PRE-BUSINESS CURRICULUM
It is suggested that students who wish to enroll in the School of Business Administration follow the curriculum given below during the first two years of college.
Freshman Year:
English Composition
Science
Foreign Language
Algebra and Trigonometry
Social Science
Sophomore Year:
English Literature
Foreign Language
Principles of Economics
Public Speaking
Social Science
Students who desire to take the degree in Accounting, if the, · expect to finish the degree work in the normal two-year period , must have completed one year of Accounting prior to entering the School of Business Administration.
SCHOOLOF BUSIN!tSSADMINISTRATION
EXPENSES
1. Resident Students
The regular expenses of students residing in college dormitories, which also include room and board, amount to $810 for the college session, September to June, and are divided as follows:
and
All charges are payable at the Treasurer's office.
TERMSoF PAYMENT: One-half of the fees is payable on entrance, and the remaining half is payable January 15, 1950.
In making an estimate of cost for the session, the student should also take in consideration other expenses which are not paid at the Treasurer's office, such as books, laundry, and personal incidentals.
2. Non-Resident Students
Expenses of the College Session:
TERMS OF PAYMENT: One-half of the fees is payable on entrance, and the remaining half is payable January 15, 1950.
STUDENTSENTERINGFORTHE SECONDSEMESTERPAYONE-HALFOF THE REGULARCHARGES.
The above fees are for full-time students taking from twelve to nineteen hours inclusive per semester. The work may all be taken in the School of Business Administration or part may be taken in Richmond College.
Part-time students taking less than twelve hours will pay at the rate of $12.50 per semester hour. An additional charge of $12.50 will be made for each hour in excess of nineteen carried in any semester.
*Students living in fraternity houses will receive the same medical attention and medical privileges as students living in college dormitories, and they will be charged $5.00 a session for this service, payable on entrance at the office of the University Treasurer. Because of the unsettled condition of the cost of food, the University reserves the right to change the charges for board for the session 1949-50.
SPECIAL CHARGES
Registration fee for non-matriculated candidates for graduation ...... ... ....
fee
Bachelor's diploma fee, payable ninety days preceding the date of graduation, not refundable
for special examination, each
In order to avoid delay in matriculation, parents are urged to provide their sons with the amounts du e on entrance. Mak e checks payable to University of Richmond.
The University has an arrangement with a Richmond bank whereby worthy and dependable students, who may not have sufficient funds at hand to pay all that is due the treasurer on entrance, may obtain short-term loans The student him self, however, must be in a position to pay a substantial part of the amount due before the loan is approved. In addition to this, the President of the University has at his di sposal several small loan funds with which to assist ne edy student s.
The College Fee is an entrance charge paid by all students to cover the privileges of the campus and buildings, including th e use of the library and laboratories , and is not subject to deduction or in any case refunded. Twenty-five dollars ($25.00) of th e College Fee must be paid in advance by new students and by former students not in attendance during the preceding full semest er. This advance payment must be made upon accept a nc e by the College for admission. This paym ent will be credited on the first-semester account of the stud ent , but is not refundabl e if the stud ent fails to matriculate.
The Contingent F ee of $5.00 is charged each student to cover unnecessary damage to College property, loss of books from th e library, use of medicine from the infirmary, etc. Such part of thi s fee as is unused is returned to the student at the close of the session.
The Student Activities Fee of $25.00 was established upon petition of stud ents and alumni. The fee, $11.50 for th e Athleti c
*Each student is given a battery of psychological tests during his first semes• ter of attendance. This fee covers the cost of the test materials and th e cost of scorin g
Association and $13.50 for the Student Government, admits to all games regularly scheduled and played by the University teams on home grounds, and finances various student organizations and publications. The fee is not refundable.
Students are matriculated for a full term. In case of withdrawal for whatever cause no refund of fees or any part of fees is made. In the event of withdrawal on account of student's sickness, proportionate deductions will be made in the charge for board. No diploma is granted or credit given for the session's work until all charges have been satisfactorily settled.
DORMITORY ROOMS
The College dormitories open for reception of students Sunday evening, September 11th. Students are advised not to arrive earlier than this date.
Rooms in dormitories will be assigned in the order of application after May 1st. Application should be addressed to the Dean of Students. A deposit of ten dollars must be made by each applicant in order to hold a particular room. This fee will be refunded only if written notice releasing the room is received by the Dean of Students before August 1 of the sessional year. Checks should be made payable to University of Richmond, and enclosed in the letter of application to the Dean. It is important that students who wish to live in the dormitories make early application for rooms. If a student occupies the room, the above deposit of ten dollars is returnable after the close of the session, less any charg es for damage to the building or its furniture.
The dormitories and boarding department are conducted as a unit and assignments made by the semester. Ordinarily no adjustment is made on account of withdrawal. In case of sickness, however, or when a student can show good and sufficient reason for withdrawal from college, proper adjustment will be made for board. Notice of withdrawal must be given in advance and approved by the Dean of Students and the Treasurer before any adjustment is made.
The charge for room includes medical attention by the college physician, general services of the medical assistant in the dormitory , heat, light, etc. This charge does not cover cost of medicine s,
expense of a city hospital, or the services of any additional physician or nurse.
The dormitories, including the boarding department , will be closed during the Christmas and spring vacations.
The college supplies students' rooms with bedstead, mattress, pillow, dresser, study desk, chairs, and clothes closet. Each student provides his own bed furnishings and linens.
It is understood that a single occupant of any room intended for two students shall be responsible for the full rent of the room . In case two students are permitted to occupy a room intended for one student, or three a room intended for two students, the minimum charge for each occupant is one hundred and thirty dollars. No student is allowed to sublet his room, take another student in with him, or move from one room to another without permission from the Dean of Students. A charge of five dollars is made for changing from one room to another after October 1st, except that students are permitted, without paying this charge, to change rooms at the end of the first semester, provided request for such change is filed with the Dean of Students on or before January 10th of the current session. The charge will be enforced after the opening of the second semester .
DAY COURSES of STUDY
For 1949-1950
Courses given below are offered during the daytime. For evening courses see page 46. The number in parentheses indicates semester hours of credit. Starred courses may be taken for graduate credit upon fulfilling additional requirements. Courses enclo sed in bracket s will not be offered in 1949-50.
AccouNTING CouRsEs
AccoUNTING 203-204. FUNDAMENTALS OF AccouNTING (6)
A course designed for those who wish to prepare themselves for accounting, or who seek an understanding of accounting as an aid in a business or profession. It covers the basic accounting principles and records of corporations, partnerships, and sole proprietorships. Required of al) degree candidates.
AccoUNTING 303-304. INTERMEDIATE AccouNTING ( 6)
Expansion and illustration of the various principles covered in first year accounting. Detailed discussion of the nature of the more important items appearing in financial statements. Prerequisite, Accounting 203-4.
·*AccouNTING 305-306. ADVANCED ACCOUNTING ( 6)
Intended primarily for advanced students of accounting. Course covers many of the major subjects of higher accountancy including estate accounting, consolidations, and municipal accounting. Prerequisites, Accounting 203-4, 303-4.
·*AccouNTING 307D. INTRODUCTORY CosT AccouNTING ( 3)
A survey course of the basic principles of cost accounting. Special emphasis on use of cost information. Prerequisites, Accounting 203-4, 303-4.
*AccouNTING 309. TAX AccouNTING (3)
A study of the entire law dealing with income taxes, social security, estate, gift, excise and miscellaneous taxes. Prerequisite, Accounting 203-4.
*AccoUNTING 311D. INTRODUCTORY AUDITING (3)
A short course designed for daytime students. Prerequisites, Accounting 203-4 and 303-4, except by permission of the instructor.
ECONOMICS DEPARTMENT
MR. THOMAS, Chairman
EcoNOMICS 103. EVOLUTION OF INDUSTRY (3)
A survey of the origin and development of our modern economic institutions. Agricultural feudalism; guilds; mercantile capitalism; industrial capitalism; finance capitalism.
ECONOMICS 104. ECONOMIC GEOGRAPHY (3)
A study of the distribution of resources and population throughout the world; geographic bases of agriculture, manufacturing, and commerce.
ECONOMICS 201. PRINCIPLES OF ECONOMICS ( 3)
Fundamental economic principles. Production; value; price; distribution; wages; rent; interest; profits; business cycles. Not open to freshmen .
ECONOMICS 202. ECONOMIC PROBLEMS AND POLICIES (3)
Consumption economics; insurance; labor; transportation; exchange; public finance; public utilities; economic systems. Not open to freshmen.
ECONOMICS 301. MONEY AND BANKING (3)
An introduction to the field of money and monetary systems; credit; and the banking system of the United States. Required of all degree candidates.
ECONOMICS
UNIVERSITY OF RICHMOND
302. ADVANCED MONEY AND BANKING (3)
A study of the problems of money, credit and banking. The valu e of money; the credit system; the Federal Reserve Banking System. Prerequisite, Economics 301.
ECONOMICS
305. FINANCIAL ORGANIZATION OF GovERNMENT (3)
Principles of public finance; public expenditures; theory of publi c finance; shifting and incidence of taxation; budgetary procedure.
ECONOMICS
306. CURRENT TAX PROBLEMS (3)
Analysis of American taxes. Income, property, business, death, and excise taxes. Public debt.
[ECONOMICS
307. FOREIGN TRADE ( 3)]
History of foreign trade. Evolution of theory of trade and prices, mercantilism; colonization; tariffs; foreign investments; balance of pay- ments; international finance; transportation and communication.
[ECONOMICS
308. INTERNATIONAL FINANCE ( 3)]
A study of the principles of international finance, foreign exchang e, international financial relationships, currency problems and debts.
ECONOMICS
309. GOVERNMENT REGULATION OF BUSINESS (3)
The economic bases for the regulation of private business; the develop- ment of federal regulation of industry; the elements of sound public policy toward business.
ECONOMICS
310. ECONOMICS OF TRANSPORTATION AND PUBLI C UTILITIES (3)
An analysis of the major economic features of the transportation system of the United States The economic characteristics of the prin- cipal utility industries including methods of regulation, valuation, rat e making.
EcoNOMICS
311. HISTORY OF EcoNOMIC IDEAS (3)
A study of the evolution of the major economic concepts. Propert y; wealth; production value; money; rent; wages.
ECONOMICS
312. ECONOMIC THEORY SINCE ADAM SMITH (3)
Advanced principles of economics. A study of the contributions of Marshall, Chamberlain, Keynes and Robertson.
ECONOMICS
313. SURVEY OF LABOR ECONOMICS (3)
A study of the labor forc e; unemployment; turnover; wag es ; hour s; evaluation of the labor movement in the United States; aims, ideal s and structure of organized labor.
ECONOMICS
314. LABOR RELATIONS AND LEGISLATION (3)
A study of the industrial conflict; collective bargaining; labor legisl ation; agencies and methods of promoting industrial peace
EcoNOMICS 315. EcoNOMIC HISTORY OF THE UNITED STATES (3)
A critical survey of the economic development of the United States with emphasis upon the factors and forces in economic change.
EcoNOMICS 316. CoMPARATIVE EcoNOMIC SYSTEMS (3)
A critical study of the systems of capitalism, communism, socialism and others.
COURSES IN BUSINESS ADMINISTRATION
B.A. 301-302. BUSINESS LAW (6)
Introduction to nature and source of law; fundamentals of the law of contracts, property, sales, negotiable instruments, agency partnerships, corporations; application of law fundamentals to business practice. Required of all degree candidates.
B.A. 315. BUSINESS ORGANIZATION AND PROCEDURE (3)
A study of the operation and management of business enterprises. The course provides the undergraduate student with a practical knowledge of modern business principles and techniques.
B.A. 321. PRINCIPLES OF MARKETING (3)
A study of the institutions involved, functions performed, and problems encountered in getting goods and services from producers to consumers. Required of all degree candidates.
-:+B.A.322. PRINCIPLES OF ADVERTISING (3)
Course covers modern principles of advertising as they relate to local and national advertising. All classes of advertising media are treated.
-*B.A.323. SALES AND SALES MANAGEMENT (3)
The practical elements of salesmanship. Designed to train salesmen, sales supervisors and sales managers.
-: 1B.A. 324. PRINCIPLES OF RETAILING (3)
This course is designed to give the student a knowledge of the various aspects of retail store organization and management.
[B.A. 329. PRINCIPLES OF WHOLESALING (3)]
-::•B.A.330. RETAIL STORE BUYING ( 3)
A study of what, where, when to buy merchandise for the retail store, including buying techniques, buying plans, and methods of determining customer wants. Prerequisite, B.A. 324, or permission of the instructor.
B.A. 341. INDUSTRIAL MANAGEMENT (3)
The course covers the field of management and provides a foundation for advanced management training. It deals with the problems of budgets, planning, policies and procedures, and industrial relations. Required of all degree candidates.
·*B.A.343. PERSONNEL MANAGEMENT (3)
Student receives a realistic picture of the principles and practices Attention is directed to the scope of personnel management, major factors in personnel problems, labor relations and the organization of personnel work.
B.A. 365. CORPORATION FINANCE (3)
Study of the development of the corporation, legal aspects, promotion , methods of financing, operation of the security markets, financial management and others. Required of all degree candidates.
*B.A. 368. INVESTMENTS ( 3)
The characteristics of bonds and stocks, fiduciary investments, investment banking, investment policies, security price movements, th e financial page, and management of investment securities. Prerequisit e, B.A. 365, or permission of the instructor.
*B.A. 318D. LIFE INSURANCE PRINCIPLES AND PRACTICES (3)
Survey of the basic principles of life insurance, the economics of life insurance, and the practices of life insurance.
·*B.A.383. PROPERTY AND CASUALTY INSURANCE (3)
A study of the contracts, laws, salesmanship, settlement of claims , reserves, rates, investment and management of fire, marine and casualt y insurance.
B.A. 398-399. BUSINESS SEMINAR (2)
A required course for all seniors. Lectures by business executives and discussion of current business problems .
Evening Classes
ADMISSION
REQUIREMENTS
Four classifications of students, both men and women , are admitted into the Evening Classes.
( 1) Special students. Adults over twenty-one years of age who ar e not high school graduates may be admitted as special students .
(2) High school graduates. Young men and women who have graduated from high school with at least fifteen approved units are eligible to enter.
(3) Present or former college students. To those young people who have attended college a year or more without graduating , the School of Business offers an opportunity to continue their university training while being employed. Courses are also elected for credit by undergraduates now attending other divisions of the University, especially in Richmond College and the T. C. Williams School of Law.
(4) College graduates Many students enrolled in the Evening Classes are college and university graduates. Graduates of liberal arts colleges who wish to extend their general education, graduates of engineering colleges who wish to supplement their technical knowledge, and graduates of university schools of commerce who wish to specialize further in particular fields of activity, have found benefit in the training provided. College graduates can atso obtain credits leading to the degree Master of Science in Business Administration.
Veterans of the armed services, whether high school graduates or not, who demonstrate their ability to undertake college work may enter the School of Business. Most veterans will be eligible for educational benefits under the G. I. Bill
PROGRAMS OF STUDY
Degree Program-Work done in the Evening Classes is of full coUege grade and is accepted toward a degree in the University of Richmond or other colleges and universities. To receive college credit a student must meet the college requirements for entrance ,
must attend classes regularly, and must pass the examinations at the end of the semester. For every course passed each semester, two or three semester-hours credit is given.
BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION
The degree of Bachelor of Science in '.Business Administration is awarded to either men or women by the University of Richmond for a course of study completed in the Evening School of Business Administration according to the following requirements: A candidate for the degree of Bachelor of Science in Business Administration from the School of Business Administration must complete one hundred twenty-four semester hours, at least sixty of which must be taken in the School of Business Administration. A total of one hundred twenty quality credits must have been attained. Quality credits are calculated from academic hours on the following basis: each semester hour passed with grade A shall count three quality credits; with grade B, two quality credits; with grade C, one quality credit; wtih grade D, no quality credit. The distribution of work is as follows:
I. Required Subjects
A. Foreign Languages: six hours of advanced work in each of two languages or twelve hours of advanced work in one language.
B. Mathematics: six hours.
C. Laboratory Science: eight hours, or its subject equivalent , . . m one science.
D. English: twelve hours.
E. Social Sciences: eighteen hours in at least two subjects other than economics and business subjects.
F. Business Economics: Fifty-six hours including Principles of Economics, Fundamentals of Accounting, Business Statistics, Money and Banking, Business Law, Principles of Marketing, Corporation Finance, Industrial Management, and a thesis in a chosen subject of concentration. A grade of no less than C must be earned in each of these courses.
II. Elective Subjects
A. Upon entering the degree program the student must choose, under the guidance of the dean of the School, a field of concentration which will complete the fifty-six hours listed under F. Possible fields of concentration include accounting, banking, finance, marketing, insurance, business management, and public administration. A grade of no less than C must be earned in each course constituting the field of concentration.
B. The remaining hours required for the degree are elective, in either business or liberal arts subjects, and may be taken in the School of Business Administration, in other divisions of the University, or transferred from other accredited collegiate institutions.
MASTER OF SCIENCE IN BUSINESS ADMINISTRATION
The degree of Master of Science in Business Administration is awarded to either men or women by the University of Richmond for a course of study completed in the School of Business Administration according to the following requirements:
A candidate for the degree of Master of Science in Business Administration must complete twenty-seven semester hours of work in graduate or advanced undergraduate courses plus the master's thesis. No credit will be given for courses in which the student has a grade lower than B.
Classes which can be taken for graduate credit, with the perrnission of the dean, are designated by a star in the list of course s described in the catalogue. A student desiring to work for the degree of Master of Science in Business Administration should confer with th e dean of the School.
Certificate Program.-The University of Richmond will grant a Certificate in Business Administration to a student, admitted und er any of the four classifications, who has successfully complet ed courses with a minimum of thirty-six semester hours of cla ssroom work according to a prescribed program approved by the dean of the School. Several programs of concentration are offered, and a Certificate will be granted in the field of concentration select ed. Suggested curricula in the various fields are as follows:
UNIVERSITY OF RICHMOND
CERTIFICATE IN BUSINESS ADMINISTRATION
AccoUNTING
First year: Second year: Third year: Fourth year:
First year: Second year: Third year: Fourth year:
First year:
ACCOUNTING 203-204, B.A. 301-302.
AccouNTING 303-304, 309.
ACCOUNTING 305-306, 307-308.
ACCOUNTING 311-312, 310.
BANKING
B.A. 303-304, 241. , EcoNoMms 203-204, AccoUNTING 205-206. EcoNOMICS 301 and 6 hours of electives. Electives to complete 8 semester hours.
FINANCE
ACCOUNTING 205-206, ENGLISH 101, ECONOMICS 201-202.
Second year: EcoNOMICS 301, B.A. 301-302. Third year: B.A. 365, 367, 368 and 3 hours of electives.
First year: Second year: Third year:
First year: Second year: Third year:
First year: Second year: Third year:
First year: Second year: Third year:
First year:
INSURANCE
ENGLISH 101, EcoN. 201-202, B.A. 381-382 or 383N.
B.A. 301-302, 384-385, 386-387 or 391.
B.A. 365, 368, 388-389 or 392-393.
MARKETING
EcoN. 201-202, B.A. 321, 326.
B.A. 322, 323, 324, 327.
B.A. 328, and 9 hours of electives.
BUSINESS MANAGEMENT
EcoN. 201-202, B.A. 301-302.
ACCOUNTING 203-204, B.A. 241,341.
B.A. 307, 343, 345 and 3 hours of electives.
CREDIT MANAGEMENT
AccouNTING 203-204, EcoNOMics 201-202.
B.A. 301-302, ENGLISH 102, and 3 hours of electives.
B.A. 362, 363, 364, 365.
REAL ESTATE
B.A. 301-302, 309 and 3 hours of electives.
Second year: AccouNTING 203-204, B.A. 310, 311.
Third year: B.A. 305, 312, 396, and 3 hours of electives.
TRANSPORTATfON AND TRAFFIC MANAGEMENT
First year: EcoNOMICS 201-202, B.A. 351-352.
Second year: B.A. 321, 353-354.
Third year: B.A. 355-356 and 3 hours of electives.
Fourth year: B.A. 357-358.
A general curriculum in Business Administration may be composed of English 101-102, Economics 201-202, Accounting 203-204, B.A. 301-302 and four electives to complete a minimum of thirtysix semester hours. Electives in any program may be chosen from other courses in the catalog, subject to the approval of the Dean. Although a specific number of years is indicated for a certificate, the required work may be completed in a different sequence and in more or less time, depending upon the abilities and circumstances of the student.
Individual-Course Program.-Many persons desire to enroll in individual courses for vocational or cultural value without regard to college credits or a certificate curriculum. Unless special training or prerequisite courses are necessary, all courses announced in this catalogue may be elected on an individual basis by students admitted under any of the four classifications.
A student following any of the four programs of study may elect one or more classes, according to his or her wishes and ability. Although it is possible to carry as many as five classes each semester, such a schedule would load a student to capacity and is recommended only to the most earnest and capable students.
SPECIALIZED TRAINING
Evening Classes of the School of Business have been established to provide the types of business training of college caliber required by those persons in Richmond and vicinity unable to devote their full time to study. In seeking to achieve this end the School has obtained the advice of civic and business leaders of the community and has cooperated with local business organizations and governmental agencies in offering educational opportunities required by members of the various groups. The present curriculum of the School, in addi-
tion to courses for general business training, provides specialized programs of study for prospective students of law, for students of accountancy, for bank employees, governmental employees, insurance men, merchants, retailers, and others.
Among the organizations with which close relationships are maintained in offering courses are the Richmond Chapter of the American Institute of Banking, the Richmond Life Agency Managers, the Richmond Association of Insurance Agents, the Richmond Life Underwriters Association, the Richmond Chapter of the National Institute of Credit, the Richmond Chapter of the National Office Management Association, the Richmond Real Estate Exchange, the Sales Executives Club of Richmond, and the Richmond (Va.) Traffic Club.
GENERAL INFORMATION
Evening Classes of the School of Business Administration are held in the Columbia Building at the corner of West Grace Street and North Lombardy Street.
Matriculation.-Matriculation of part-time students in evening classes will be conducted in the Columbia Building from 7: 00-9: 30 P. M. Monday, September 5 through Friday, September 9. Evening registrations are accepted in the order received until classes are filled. No one is permitted to register for any evening class after September 26.
Class H ours.-Classes meet once each week, beginning at 7: 00 or 7: 30 P. M. and continuing for 100 or 150 minutes, unl ess stipulated otherwise in the description of particular courses.
Grading.-The standing of students in class work and in examinations is indicated as follows: A ( 95-100%) excellent work ; B (88-94%) very good work; C (80-87%) fair or average work ; D (75-79%) just passing; E and F (below 75%) indicate failure ; I, incomplete because of excused absence from final examination or because of failure to submit required work during the semester ; and F, failure because of excessive or unexcused absences.
Special Examinations and Removal of Incomplete Grades.-S ee page 23.
Withdrawals-Students are permitted to withdraw from a class without scholastic penalty prior to mid-semester upon submittin g
to the office of the Dean a request in writing for withdrawal. After mid-semester, withdrawals will carry the grade F. Students who stop attending class without notifying the office of the Dean will receive the grade F regardless of when attendance was stopped.
Absences.-No credit can be given for a course if, during a semester, the student has more than four absences, whether excused or unexcused and including those caused by entering the course late, unless the instructor indicates in writing to the dean that he believes the student is sufficiently qualified to be allowed credit for the course. Unexcused absences should result in an appropriate lowering of the student's grade, to be determined by the instructor. The grounds for excusing absences are ( 1) illness, ( 2) a personal obligation recognized as valid by the instructor, and ( 3) religious holidays.
Vocational Counseling and Placement of Students.-To help students find the vocation for which they are best suited, members of the staff of the University of Richmond will conduct vocational aptitude tests which may be taken by students registered in Evening classes. The results of these scientific tests, combined with individual discussions with students, will be used as the basis for giving students who desire advice all possible assistance in determining the field of business they may wish to enter and for which they may be fitted.
Although no promise is made by the School of Business to secure positions for its students, an effort is made to find places for those who inform the School authorities of their desire to obtain new positions and who have made a good record in the School. Gratifying success has attended the efforts to aid capable students in making connections with business firms.
STUDENT ACTIVITIES FEE
Evening students of the School of Business Administration arc students of the University of Richmond. It is the policy of the Administration and faculty to foster any proper organization and activities that the students should undertake. Beginning with the 1948-49 session a student activities fee of one dollar per student per semester is charged. This fee has been requested by the students and will be used for various activities of interest and
benefit to the students. Funds from the fee will be administered by student representatives.
FEES
The twtion is $7 .SO per semester hour. The twt10n for a two. hour course is $15.00 and for a three-hour course is $22.50 per semester. There is a student activities fee of one dollar per student per semester. These fees are payable each semester in advance, and students are expected to settle their accounts at the time of registration.
The tuition for the C.P.A. Coach Class which begins August 15, 1949, is $40.00.
Students are matriculated for a full semester. In case of withdrawal, for whatever cause, no refund of fees or any part of fees is made.
A veteran should have his Certificate of Eligibility and Entitlement when he registers. If he does not have this certificate, he is requested to bring his discharge papers and Notice of Separation from the Service to the School of Business Administration at the time of registration.
EVENING COURSES of STUDY
For 1949-1950
The right is re served to withdraw courses in which the enrollment is less than fifteen. Classes will be closed as soon as maximum enrollment is reached. Starred courses may be taken for graduate credit upon fulfilling additional requirements. For a description of courses with (D) following the title, see the section on day courses. Courses enclosed in brackets will not be offered during the 1949-50 session.
ACCOUNTING COURSES
AccouNTING 203-204. FUNDAMENTALS OF AccouNTING (D)
Section (I), credit.
Section (2), credit . Wednesday, 7:00-9:30, both semesters. Six hours MR. FORD. Thursday, 7:00-9:30, both semesters. Six hours MR. COTMAN
Section (3), Friday, 7 :00-9:30, both semesters. Six hours credit. MR. DRUMMOND.
AccouNTING 205-206. GENERAL AccouNTING [Arn]
Wednesday, 7:00-9:30, both semesters. Six hours credit. Course content is similar to Accounting 203-204, but designed to meet needs of banking students. Not open to degree candidates.
AccouNTING 203. FUNDAMENTALS OF AccouNTING (D) MR. MOHR.
Tuesday, 7:00-9:30, second semester. When followed bJ' Accounting 204, six semester hours of credit.
AccouNTING 204. FUNDAMENTALS OF ACCOUNTING (D) MR. MOHR.
Tuesday, 7:00-9 :30, first semester. Six hours credit. Prerequisite, Accounting 203.
AccouNTING 303-304. INTERMEDIATE AccouNTING (D)
MR. CLEMENT.
Tuesday, 7:00-9:30, both semesters. Six hours credit.
·lfAccouNTING 305-306. ADVANCED AccoUNTING (D)
Section (1), Tuesday, 7:00-9:30, both semesters. Six hours credit. MR. BAKER.
Section (2), Friday, 7:00-9:30, both semesters. Six hours credit.
MR. ROWLETT.
·:fAccoUNTING 307-308. CosT ACCOUNTING . MR. DRUMMOND
Monday, 7:00-9:30, both semesters. Six hours credit. Covers methods of accounting for the various elements of production , distribution, and financial costs, with special emphasis on the use of cost information. Prerequisite, Accounting 203-4, 303-4.
*AccouNTING 309. TAX AccouNTING (D) MR. GILLEY Friday, 7:00-9:30, first semester. Three hours credit.
•:iAccouNTING 310. GovERNMENTAL AND FuND AccouNTING
Monday, 7:00-9:30, second semester. Three hours credit. Intended primarily for C.P.A. candidates and those engaged in financial departments of government, the course covers the basic principles of government accounting at all levels as well as accounting principles as applied to non-profit institutions.
)fAccoUNTING 311-312. AUDITING.
• MR. HARDY
Thursday, 7:30-9: JO, both semesters. Four hours credit . . Auditing procedure covered in the various types of audit, consideration of special types of examinations, and investigations, and discussion of ethics and general conduct of the public accountant. Prerequisites, Accounting 203-4 and 303-4, except by permission of the instructor.
UNIVERSITY OF RICHMOND
[ACCOUNTING 313-314. AccoUNTING SYSTEMS (6)]
AccouNTING 323. C.P.A. REVIEW No credit. MR. WHITT, MR. MOHR.
A coach class which runs for twelve weeks beginning August 15, 1949. It is designed as a refresher course for those who wish to take the 1949 C.P.A. examinations.
AccouwTING 324. C.P.A. PROBLEMS MR. WHITT. Friday, 7:00-10:00, second semester. No credit.
A one-semester course designed to give students practice in solving problems similar to those given on C.P.A. examinations Designed to prepare students for the 1950 C.P A. examinations.
EcoNOMics CouRsEs
EcoNOMIC 'S 51. FUNDAMENTALS OF BANKING [Arn] MR. TAYLOR Monday, 7:00-9:30, each semester. No college credit.
This is a special course designed for bank employees who wish to begin a program of study leading to the pre-standard certificate awarded by the American Institute of Banking.
ECONOMICS 201. PRINCIPLES OF ECONOMICS (D) . . MR. CURR Y Tuesday, 7:00-9:30, first semester. Three hours credit.
EcoNoM1cs 202. EcoNOMic PROBLEMS AND PoL1cms (D)
MR. CURRY Tuesday, 7 :00-9:30, second semester. Three hours credit.
ECONOMICS 203-204. PRINCIPLES OF ECONOMICS [ AIB] MR. WILLCOX. Thursday, 7:30-9:10, both semesters. Four hours credit. Course content is similar to Economics 201, 202, but designed to meet the needs of banking students. Not open to degree candidates.
ECONOMICS 301. MONEY AND BANKING (D) Wednesday, 7:00-9:30, first semester. Three hours credit. [Arn ] MR. DAANE. Thursday, 7:00-9:30, second semester. Three hours credit.
MR. THOMAS.
*ECONOMICS 307. INTERNATIONAL TRADE (D) . . MR. JONES Tuesday, 7:00-9:30, second semester. Three hours credit.
*ECONOMICS 317. BUSINESS CYCLES • • MR. DAANE Wednesday, 7:00-9:30, second semester. Three hours credit. A review of the characteristics of the business cycle and various theories attempting to explain recurrent periods of prosperity and depression.
SCHOOL OF BUSINESS ADMINISTRATION
B.A. 301-302. BUSINESS LAW (D) 49
COURSES IN GENERAL BUSINESS
Section (1), Monday, 7:00-9:30, both semesters. Six hours credit.
MR. KING.
Section (2), Friday, 7:00-9:30, both semesters. Six hours credit.
MR. BRENT.
B.A. 303. CoMMERCIAL LAW [Arn]
MR. REILLY.
Tuesday, 7:00-9:30, each semester. Three hours credit. A study of the fundamental principles of law from the standpoint of banking and commerce. Subjects covered are contracts, agency, partnerships, corporations, sales, estates, trusts, et cetera. Not open to degree candidates.
B.A. 304. NEGOTIABLE INSTRUMENTS [Arn]
MR. REILLY.
Tuesday, 7:00-9:30, second semester. Three hours credit. A continuation of Commercial Law which covers the form and interpretation of negotiable paper, the right of a holder in due course, negotiation, liability, acceptances, et cetera. Not open to degree candidates.
[B.A. 305. LAW OF REAL AND PERSONAL PROPERTY ( 3)]
·*B.A. 306. LABOR LAW . . MR. LOWDEN. Friday, 7:00-9:30, second semester. Three hours credit. Federal and State statutory law and common law governing relations between employer and employee. Special emphasis is placed on current laws.
B.A. 307. STATISTICS
MR. GRABLE. Tuesday, 7:00-9:30, second semester. Three hours credit. Construction, use and interpretation of statistical tables, charts, diagrams, indexes, deviation curves and correlation with special emphasis on uses in business. Required of all degree candidates. Prerequisite, college algebra, or permission of the instructor.
B.A. 308. BUSINESS MATHEMATICS
MR. BILLMAN. Friday, 7:00-9:30, second semester. Three hours ;,edit. Mathematics of business finance with special emphasis on annuities, amortizations, sinking funds, depreciation, bonds, and actuarial mathematics. Prerequisite, college algebra, or permission of the instructor.
[B.A. 309. PRINCIPLES OF REAL ESTATE (3)]
[B.A. 310. REAL ESTATE BROKERAGE (3)]
[B.A. 311. REAL ESTATE APPRAISAL (3)]
[B.A.312. PROPERTY MANAGEMENT (3)]
UNIVERSITY OF RICHMOND
·X·B.A. 314. PRINCIPLES OF PUBLIC RELATIONS . • MR. NETTLES, Friday, 7:00-9:30, second semester. Three hours credit.
The basic principles and procedures involved in a sound public relations program with emphasis on selection of media and proper preparation of publicity releases.
COURSES IN MARKETING
B.A. 321. PRINCIPLES OF MARKETING (D) MR. BROOKS. Tuesday, 7 :00-9:30, first semester. Three hours credit.
·X·B.A. 322. PRINCIPLES OF ADVERTISING (D) . MR. EASTIN. Wednesday, 7:00-9:30, first semester. Three hours credit.
*B.A. 324. PRINCIPLES OF RETAILING (D). . MR. LAST. Monday, 7:00-9:30, second semester. Three hours credit.
B.A. 325. RETAIL SALESMANSHIP MR. LAST. Monday, 7:00-9:30, first semester. Three hours credit.
A study of the principles involved in helping the retail customer satisfy his buying needs. Practical demonstrations and visual aids are used to help the student.
B.A. 326. SALESMANSHIP MR. LAURITZEN. Monday, 7:00-9:30, second semester. Three hours credit.
A study of the principles involved in l?ersonal selling other than retail selling. Special emphasis on developm~ territories, prospecting, buying motives, presentations, sales tools, closing the sale, et cetera.
-1.·B.A 327. SALES MANAGEMENT . . MR. HUMPHRIES. Wednesday, 7:00-9:30, second semester. Three hours credit.
An advanced course for sales supervisors, and managers which covers organization, recruitin!\', selection and training of salesmen, compensation, supervision, territories, expenses, quotas, et cetera. Prerequisite, sales experience and permission of the instructor.
*B.A. 328. MARKET RESEARCH • . MR. BROOKS. Tuesday, 7:00-9:30, second semester. Three hours credit. Designed for advanced students of marketing interested in techniques of market and marketing research. Prerequisite B.A. 307 and 321.
COURSES IN MANAGEMENT
B.A. 241. BUSINESS MANAGEMENT [AIB] MR. ECKMAN. Friday, 7:00-9:30, first semester. Three hours credit.
An introductory course designed for banking students which covers the organization, functions and operations of a business enterprise. Each phase of busineu activity is examined. Not open to degree candidates.
B.A. 242. SMALL BUSINESS MANAGEMENT MR. CRENSHAW. Thursday, 7:00-9:30, first semester. Three hours credit.
An analysis of the various problems involved in organizing and operating a small business with special emphasis on kind of business, location, record keeping, merchandising, personnel, legal obligations and over-all management.
B.A. 341. INDUSTRIAL MANAGEMENT (D) MR. WELSCH. Friday, 7:00-9:30, second semester. Three hours credit.
,:•B.A. 342. JoBEVALUATION . . MR. HILL. Thursday, 7:00-9:30, first semester. Three hours credit. The needs and purposes of job evaluation, proper procedures for evaluation in regard to manpower requirements and the rating of jobs to determine equitable compensation.
;:•B.A. 343. PERSONNEL MANAGEMENT (D) . MR. WELSCH. Wednesday, 7 :00-9:30, first semester. Three hours credit.
¥·B.A. 344. SUPERVISOR TRAINING . . MR. BOGGS. Thursday, 7:00-9:30, second semester. Three hours credit. A course designed to train foremen and supervisors in the basic principles of leadership and modern techniques in supervising workers in order to achieve maximum efficiency with high employee morale.
I·B.A. 345. OFFICE MANAGEMENT • • MR. JOHNSON. Monday, 7:00-9:30, first semester. Three hours credit.
A study of the principles, methods and general practices of office operations which are adaptable to both large and small offices with emphasis on duties and responsibilities of the manager, layout, equipment, fonns, costs, budgets, selection and training of personnel, manuals , ct cetera.
,:•B.A. 346. OFFICE METHODS MR. MARTIN.
Thursday, 7:00-9:30, first semester. Three hours credit. The development and application of work simplification techniques to the non-productive processes of the business organization; proper layout, flow of work, standard operations and procedures.
347. INDUSTRIAL ENGINEERING . MR. LEE.
Monday, 7:00-9:30, first semester. Three hours credit .
A study of the improvement of methods and elimination of waste through time study, job evaluation, operator training and standard costs.
* B.A. 348. ADVANCED INDUSTRIAL ENGINEERING . • MR. LEE.
Monday, 7:00-9:30, second semester. Three hours credit. Micromotion study, principles of motion economy, methods time measurement and determination of time standards . Prerequisite, B.A 347, or its equivalent.
UNIVERSITY OF RICHMOND
*B.A. 349. BANK ADMINISTRATION [ AIB] • • MR. ARMISTEAD. Tuesday, 7:00-9:30, second semester. Three hours credit.
An advanced course for banking personnel which covers personn el policies, budgetary control, audits and examinations, insurance a nd t a xation, business development a nd advertising policies.
·*B.A. 350 . ADVANCED PERSONNEL PROBLEMS • • MR. DAMER E L Wednesday, 7:00-9:30, second semester. Three hours credit.
An advanced course designed to examine thoroughly the leadi ng personnel problems involved in everyday operations of business. Prerequisite, B .A . 343, or its equivalent.
B.A. 351-352. INTRODUCTION TO TRAFFIC MANAGEMENT
MR. EVAN S.
Monday, 7:00-9:30, both semesters. Six hours credit.
This course includes an analysis of the Am erican transportati on system, developments leading to the regulation of railroads and oth er carriers, origin and development of classification and rate territori es, principles of freight classification and an analysis of classification ru les.
B.A. 353-354. INTERMEDIATE TRAFFIC MANAGEMENT MR. ADA MS Wednesday, 7:00-9:30, both semesters. Six hours credit.
The application of tariff circulars, construction and filing of tariff s ( tariff compilation), freight rates and tariffs, routing and special frei ght services. Prerequisite, B.A. 351-352
* B.A. 355-356. ADVANCED TRAFFIC MANAGEM EN T MR. CUTTIN G. Thursday, 7:00-9:30, both semesters . Six hours credit.
This course analyzes from a legal standpoint tariff and rate interpr etation, through routes and rates, application of arbitraries and differentials , milling-in-transit rates, import and export traffic and rates . Rate and classification committee procedures are outlined . Prerequisite, B.A. 353-354, or permission of the instructor.
·l!-B.A. 357-358 . PRACTICE AND PROCEDURE BEFORE I.C.C. MR. GALASP IE. Frida y, 7:00-9:30 , both semesters. Six hours credit
This course is designed to prepare the student to become a p ractitioner before the I.C.C . Special atention is given to application of the Interstate Commerce Act, rules of practice, evidence, leadin g Supreme Court decision and the code of e thic s. Prerequisite, B.A. 3 55-356, or permission of the instructor.
·*B.A. 498-499 GRADUAT E SEMINAR IN BUSIN E SS . . MR. MILL ER, W e dnesda y, 7:00-9:30, both semest ers. Six hours credit.
This course is required of all students working for the degree Mast er of Science in Business Administration Subject matter to be cov ered will depend upon the interests and fields of concentration of the class members . Prerequisite: A baccalaureate degree and permission of the the Dean .
COURSES IN FINANCE AND CREDIT
*B.A. 361. CONSUMER CREDIT . MR. FOLEY.
Tuesday, 7:00-9:30, first semester. Three hours credit.
The various phases of installment financing and personal loans, types of lending agencies and their techniques of operations. Special emphasis is placed on bank policies regarding consumer credit.
+:•B.A. 362. CREDITS AND COLLECTIONS . . MR. BUTLER.
Tuesday, 7:00-9:30, first semester. Three hours credit.
A study of the nature and functions of credit, regulations and restrictions governing credit, bank and mercantile credit methods, types of instruments, sources of information, analysis of credit risks and collection procedures and systems.
•):•B.A. 363. CREDIT ADMINISTRATION . MR. GEE.
Tuesday, 7:00-9:30, first semester. Three hours credit.
A study of the procedures and problems involved in effective credit management with emphasis on forms of credit, term loans, real estate loans, sources of information, and a general approach to loan policy.
*B.A. 364. ANALYSIS OF FINANCIAL STATEMENTS . . MR. GEE.
Thursday, 7:00-9:30, second semester. Three hours credit.
The origin and nature of the items on a financial statement, their proper segregation, analysis, significance and relationships, together with several methods of analysis and secondary test methods. Prerequisite, Accounting 203-4 or 205-6.
B.A. 365. CORPORATION FINANCE (D) MR. MACDONALD.
Thursday, 7:00-9:30, first semester. Three hours credit.
*B.A. 366. SECURITY MARKETS . MR. HOLT.
Monday, 7:00-9:30, first semester. Three hours credit.
A study of methods and procedures used in marketing corporate and government securities with special emphasis on operations of the New York and other stock exchanges.
[B.A.367. SECURITY ANALYSIS]
·*B.A.368. INVESTMENTS (D) MR. PURCELL.
Thursday, 7:00-9:30, second semester. Three hours credit.
[B.A.369-370. TRUSTS]
UNIVERSITY OF RICHMOND
COURSES IN INSURANCE
B.A. 381-382. PRINCIPLES OF LIFE INSURANCE, CLU-A MR. HAWKINS . Thursday, 7:30-9:30, both semesters. Four hours credit. An intensive survey of the principles, economics, and practices of life insurance.
[B.A. 383N. PROPERTY INSURANCE (2)]
[B.A. 384-385. GENERAL INSURANCE EDUCATION, CLU-B (6)]
[B.A. 386-387. LIFE INSURANCE LAW, CLU-C (4)]
*B.A. 388-389. LIFE INSURANCE FINANCE, CLU-D . MR. RAWLES. Wednesday, 7:00-9:30, both semesters. Six hours credit. A specialized course in money and banking, corporation finance and investments to prepare students for part D of the C.L.U. Examinations
[B.A. 390. LIFE UNDERWRITING, CLU-E (3)]
[B.A. 391. INLAND MARINE INSURANCE (2)]
B.A. 392-393. PROPERTY AND CASUALTY INSURANCE, CPCU-I MR. JOHNSON. Friday, 7:00-9:30, both semesters. Six hours credit. A specialized course designed to prepare students for Part I of the C.P.C. U. examinations.
B.A. 394. PROPERTY AND CASUALTY INSURANCE, CPCU-II Monday, 7:00-9:30, second semester. Three hours credit. A specialized course designed to prepare students for Part II of the C.P.C.U. examinations .
*B.A. 395. FIDELITY AND SURETY BONDS MR. CURTIS . Monday, 7:30-9:30, first semester. Two hours credit. Th e various kinds of fidelity and surety bonds, the principles of suret y· ship, underwriting and rating principles and the part played by surety• ship in our present economic system.
[B.A. 396. BUSINESS INSURANCE]
RELATED COURSES
ENGLISH 101. BUSINESS ENGLISH Section (1), Tuesday, 7:00-9:30, first semester. Three hours credit. MR. BALL Section (2), Thursday, 7:00-9:30, first semester. Thre e hours credit.
MR. HENRY
A study of the fundamental principles of English grammar and composition with emphasis on sentence structure, punctuation, vocabu• lary and the organization of written work .
ENGLISH 102. BUSINESS LETTER WRITING
Section ( 1), Tuesday, 7 :00-9 :30, second semester. Three hours credit.
MR. BALL.
Section (2), Thursday, 7:00-9:30, second semester. Three hours credit.
MR HENRY.
This course is designed to achieve the clearness, accuracy and conciseness characteristic of effective expression essential to the business man or woman.
EFFECTIVE SPEAKING
MR. BARNES. Friday, 7:00-9:30, each semester. Three hours credit.
This course is designed to develop poise and self-confidence in speaking to groups or in personal contacts.
·Y.·PsYCHOLOGY 327. BUSINESS PSYCHOLOGY . . MR. GRIGG.
Monday, 7 :00-9:30, first semester. Three hours credit.
A study of the various applications of physchology in business and industrial situations such as individual differences, training, fatigue and efficiency, advertising, use of public opinion surveys and dynamics of mob psychology
XPsYCHOLOGY 328. PERSONNEL PSYCHOLOGY . . MR. CARVER.
Monday, 7:00-9:30, second semester. Three hours credit.
A detailed and intensive stud,· of the psychological problems of personnel management with emphasis tests, ratine;s, incentives, emotional factors and morale. Prerequisite, Psychology 327, or its equivalent.
SCHOLARSHIPS AWARDED, JUNE 1949
ROBERT J. GAMBILL
BERTHA ROEDER GOODMAN
CHARLES WILBUR EVANS, JR.
CHARLES ELWOOD MERVINE, JR. . Accounting J Business English . Business Law Effective Speaking
T. COLEMAN ANDREWS AND CmvIPANY PRIZE IN ACCOUNTING
CARLE E. DAVIS
LIFE AGENCY MANAGERS PRIZE IN LIFE INSURANCE
JAMES S. DUDLEY, JR.
SALES EXECUTIVES PRIZE IN SALESMANSHIP
HERBERT A. OWEN
NATIONAL OFFICE MANAGEMENT PRIZE IN OFFICE MANAGEMENT
THOMAS w. PAYNE
STUDENT ADVISORY COMMITTEE
ARTHUR LEOPOLD BLAKESLEE, JR.
WILLIAM C. CUNNINGHAM
BENNIE RAY JONES
DOUGLAS w. LAIRD
JoHN S. McCLURE
JOHN REID MODLIN
MARGERY LUCILE MooRE
WILLIAM w. PENDLETON
LESLIE T. STANSBURY, JR.
Dou GLAS C. TABB
HELEN MARTHA VEST
JAMES C. WHEAT, JR.
