Mrs. E. B Willingham .... ............. Washington
R. C. Williams* ........................... .................. Richmond
John W. Edmonds, Jr .............. ....... Accornac
Hunter Miller ......... .. ......... ........... ................... Richrnond
Morris Sayre, D. Sc............. .............. ...... .:......New York
Theodore F. Adams, D.D .Richmond
*D,ceased, February 10, 1951
BUSINESS ADVISORY ,BOARD
T. COLEMAN ANDREWS T Coleman Andrews & Co.
HARRY H. AUGUSTINE State-Planters Bank and Trust Co.
THOMAS C. BousHALL The Bank of Virginia
J. MALCOLM BRIDGES Richmond Chamber of Commerce
FRANK s. CALKIN s Leach, Calkins & Scott
NORMAN CALL
Richmond, Fredericksburg & Potomac R.R. Co.
JAMES L. CAMP, JR. Camp Manufacturing Company
HENRY G CHESLEY, JR. Wilson Paper Box Company, Inc.
B. 0. CONE Crawford Manufacturing Co., Inc.
WARREN F. CURTIS Boswell & Curtis
IRVING D. DAWES Virginia-Carolina Chemical Corporation
OVERTON D DENNIS Dominion Oil Company
H. HITER HARRIS First and Merchants National Bank
ROBERT V HATCHER Atlantic Life Insurance Co.
WIRTH. HATCHER Philip Morris & Co. Ltd., Inc.
ROBERT E. HENLEY Li/I! Insurance Company of Virl(inia
J. G. HOLTZCLAW Virginia Electric and Power Co.
L. HOWARD JENKINS L. H Jenkins, Inc.
J. AMBLER JOHNSTON Carneal and Johnston
HUGH LEACH Federal Reserue Bank of Richmond
E.T. LEMMON
Esso Standard Oil Company
FRANK G. LOUTHAN
Virginia Manufacturers Assn., Inc.
WADE G. McCARGO H. V. Baldwin & Co., Inc .
IRVING MAY
Thalhimer Bros., Inc.
CLAUDE D. MINOR Virginia Fire & Marine Ins. Co.
A. K. Mis SIMER
E. I du Pont de Nemours & Co ., Inc
LEE PASCHALL
Wise Contracting Co.
JAMES A. RENNIE A M. Pullen & Company
RICHARD S. · REYNOLDS, JR. · Reynolds Metals Company
WEBSTER S. RHOADS, JR. Miller and Rha,ads, Inc.
GEORGE C. ROBINSON
Retail Merchants Assn , of Richmond ·
T. BRADY SAUNDERS
Miller Manufact uring Co :, Inc
MORRIS SAYRE Corn Products Refining Co.
THOMAS J. STARKE Richmond Engineering Co_.,Inc
MORTON G. THALHIMER Morton G. Thalhimer, inc.
WILLIAM H. TRAPNELL
The Chesapeake and Potomac Telephone Co mpany of Virginia
J. BROCKENBROUGH WOODWARD, JR.
Newport News Shipbuilding and Dry Dock Co.
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
EDWIN B. BROOKS, JR., M S.B.A.
Ass'T. DEAN, EVENING CLASSES
CLARENCE J. GRAY, M.A . DEAN OP STUDENTS
HELEN A. MONSELL, M.A. REGISTRAR
CULLEN PITT, M.A., M.D. UNIVERSITY PHYSICIAN
LUCY T. THROCKMORTON ACTING LIBRARIAN
OTHELL HAND, Th.M. DrRECTOR OP RELIGIOUS ACTIVITIES
FACULTY OF INSTRUCTION
?vlERTON E. CARVER Professor of Ps·ychology
A.B., M.A., Univenity 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 College; M.A., Ph.D., University of Virginia; Harvard Graduate School of Busiuc~ss Administration.
SPENCER D. ALBRIGHT Associate Professor of Political Science
B.A., University of Arkansas; A.M., University of Chicago; Ph.D., University of Texas.
EMANUEL M. LAST Associate Professor of Bus. Administrat ion
B.A., Montclair State Teachers College; M.S., Ph.D., New York University.
F. BYERS MILLER . Associate Professor of Business Administration
B S Baldw ' n-Wallar.e College; M B.A., Ohio State University.
LEWIS F. BALL • Assistant Professor of English
B.A., M .A., 1-h.D., Johns Hopkins Univenity.
EDWIN B. BROOKS, JR.
Assistant Professor of Business Administration
B.S in Bus. Admn., M.S. in Bus. Admn., University of Richmond; Ohio State University.
E. SHERMAN GRABLE Assistant Professor of Mathematics
B.S., .M.A., Washington and Jeffenon College; Yale University.
AusTIN E. GRIGG Assistant Professor of Psychology
B.A., M.A., University of Richmond; University of Iowa; Vanderbilt Univenity.
NATHANIEL H. HENRY Assistant Professor of English
A.B., M.A., Ph.D., Univenity of North Carolina.
GEORGE W. JENNINGS Assistant Professor of Economics
B.A., Emory University; M.A., Univenity of Georgia; Brown Univenity; Duke University.
MALCOLM L. PYE Assistant Professor of Accounting
B.Sc., Hardin - Simmons University; M.B.A., University of Texas; University of lllinou.
WILLIAM H. w ARREN Assistant Professor of Business Administration, Director of Placement
B.S. in Business Administration, University of Richmond; M.S., Purdue Univeriity.
SAMUEL H. BAKER Instructor in Accounting
B.S. in Bus. Admn., University of Richmond; C.P.A.
ELMER BILLMAN, JR. Instructor m Mathematics
A.B., DePauw Univenity; M.S., Iowa State College.
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.
FRANK E. BARDEN, C.P.A. Accounting
Staff Accountant, Mitchell, Wiggins & Smith.
F. J. BARNES, II, A.B., A.M. Business Speech Planning Engineer Virginia Planning_ Board; formerly Assistant Professor of Political Science, Washington and Lee University.
JACK H. BASKERVILLE Trusts I and JI Graduate A.Ld. and Graduate School of Banking, Trust Officer, First & Merchants National Bank.
Jo1rn W. BATES, JR., B.S. Real Estate Partnrr, Harrison & Bates.
ARTHUR C. BECK, JR., B.S. in Bus. Adm., M.B.A. Marketing Director of Research and Media, Lindsey & Co., Inc.
RALPH E. BoGGs, JR., B.S. Supervisor Training Spinning Area Supervisor, DuPont de Nemours & Co., Inc.
WILLIAM B. BRENNAN, B.A. .Office Management
Auditor of Receipts, The Chesapeake and Potomac Telephone Company of Virginia.
8
UNIVERSITYOF RICHMOND
ANDREWJ. BRENT, LL.B. Business Law
Partner, Christian, Barton, Parker, & Boyd.
MELVINW BURNETT,B.S , M.S. in Bus. Adm
Industrial Mana geme nt Executive Secretary, Board of Supervisors , Chesterfield County.
SHERWOODC. BUTLER
Credits and Coll ect ions
Fellow, National Institute of Credit, Assistant Office Manager, Larus & Bro ., Co
R. HARVEYCHAPPELL,JR., B.A., B C.L.
Associate, Christian, Barton, Parker, & Boyd
A. M CLEMENT,B.S. in Bus. Adm., C.P.A
Commercial L aw
Accou nting
Tax Accountant and Statistician, Virginia Electric & Power Co
Industrial and Commercial Sales Manager, Esso Standard Oil Co.
ST. GEORGET. LEE, B.A. Industrial Engineering St. George T. Lee & Co.
FRANCISV. LowDEN, JR., A.B., LL.B. Labor Law Member of the nrm of Hunton, Williams, Anderson, Gay & Moore.
E. F. MAcDoNALD, B.A., M.A., Ph.D. 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.
JOHN S. McCLURE, C.P.A. Accounting Assistant Vice-President, The Bank of Virginia.
NORMANJ. MOHR, C.P.A. Accounting
Staff Accountant, F. L Worcester & Co.
*On military leav~.
UNIVERSITYOF RICHMOND
JOSEPH E. NETTLES Public Relation s Former Staff Writer Associated Press, Director of Public Relations, University of Richmond.
EVERETTM. OWEN, B.A. Inland Marine Insura nce Vice-President and Secretary, Davenport Insurance Corporation.
CHARLESH. PHILLIPS, JR., B.S . in Bus. Adm., M .B.A. Real Estate Property Management, Morton G. Thalhimer, Inc.
RICHARDPOWERS,B.A. , M.A., Ph.D Business Management and Economics of Transporta tion Associate Coordinator, Advisory Council on the Virginia Economy .
JOHN B. PURCELL,B.A., M.B.A . Investm ents Investment Division , First and Merchants National Bank
ROBERTB. RAWLES, B.A. Life Insurance Fina nce Investments Department, Atlantic Life Insurance Co.
GEORGEw. REILLY,A.B.
Commercial Law and Negotiable Instrume nts Harvard Law School; member of the firm of Mitchell & Reilly
J. GARLANDROWLETT, C.P.A. Accoun ting Assistant Finance Officer, Veterans Administration District Office
A. B. ScoTT, B.A., LL.B. Life Insurance La w General Counsel, Atlantic Life Insurance Company; formerly Assistant Professor of Law, University of Virginia.
PERCYM. SMITH,JR., B.S. in Bus. Adm., C.P A Account ing Partner, Mitchell, Wiggins , & Smith
T. I. STORRS,B.A. Federal Res erve Economist, Federal Reserve Bank of Richmond.
EDWARDA. WAYNE Bank Administra tion Graduate A.I .B. ; Vice-President , Federal Reserve Bank of Richmond.
DAVID MEADE WHITE, LL.B. Business La w Attorney , R;chmo»d, Va ,
J. AsA WHITT, C.P.A. Account ing Partner, Baker, Brydon , Rennolds and Whitt, Certified Public Accountants.
DONALD s. WILLCOX, B.A ., M .B.A. Econom ics Trust Dept . , State Planters Bank & Trust Co.
ADMINISTRATIVE STAFF
LILLIAN W. McGRATH
DOROTHYs. BOSWELL
DELLA THOMASSON
Secretary, Evening Division
Secretary, Day Div ision
Secretary , Evening Divi sion
SCHOOL OF BUSINESS ADMINISTRATION
FACULTY COMMITTEES
ACADEMICCoUNCIL: Miller, Thomas, Pinchbeck, Last.
ADMISSIONS: Miller, Thomas, Warren.
CATALOGUE: Brooks, Wagoner.
PERSONNEL: vVarren, Last, Thomas, Gray, Carver, Hand
V1suAL Ams: Last, Baker.
UNIVEilSITY COMMITTEE ON ARTS: Wagoner.
UNIVERSITY COMMITTEE ON CoNVOCATJONS: Thomas.
UNIVERSITY COMMITTEE ON FACULTY MEETINGS: Pye.
UNIVERSITY COMMITTEE ON FACULTY SOCIAL AFFAIRS: Jennings.
UNIVERSITY COMMITTEE ON FACULTY RESEARCH: Thomas.
UNIVERSITY COMMITTEE ON GRADUATE SCHOLARSHIPS: Miller.
UNIVERSITY COMMITTEE ON PUBLIC LECTURES, CONCERTS AND BROADCASTS: Last.
UNIVERSITY COMMITTEE ON SCHEDULE: Brooks.
UNIVERSITY COMMITTEE ON VESPERS AND RELIGIOUS L1FE: 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 ongm m 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 Street s, on the site of the old Richmond College campus.
The School of Business Administration is one of the six divisions of the University of Richmond, which was founded and is supported by the Baptists of Virginia. Other divisions with dates of founding are Rkhmond College (1832); The T. C. William s School of Law (1870); Westhampton College (1914); the Summ er 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 RicI -IMOND. The Board of Trustees of the University of Richmond control s 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 Admini stration because of the large number of establishments which are available as business laboratories and clinics, the diversity of business activity, and its proximity to Washington, D. C. and large business centers
LIBRARY FACILITIES
The libraries of the University contain over 115,000 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.
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.
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 elect.'d by the students in the evening classes.
THE HONOR SYSTEM
The Honor System requires that a man shall in all the relations 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 circumstances.
GENERAL EXPLANATION
l. The Pledge: "On my honor as a gentleman, I have neither given nor received aid."
2. Meaning of the Pledge: The pledge on quizzes, examinations, written problems, and exercises means that the work which the student hands in · to his professor is his own, which he himself has done in accordance with the requirements laid down by the faculty in the regulations set forth below.
3. Exercise Care: It is also important that everyone should exercise the greatest care to keep himself free from suspicion of evil. Such practices as leaving 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 are 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 anothe:r 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 T he placing of the pledge on a parallel reading test or report means th a t the student has actually read the book or number of pages claimed.
UNFLEDGED WORK
On all unpledged work it is understood that the student's signing the pape r with his name means that he has observed the following principles:
I. A stud ent ma y work and discuss his home work with other students, bu t ma y not turn in, as his own, work which he has merely copied from ano th er and to which he has not substantially contributed.
II. A stud ent must make laboratory reports only on work which he has a ctuall y done in the laborator y a nd on results actually obtained there
LITERARY SocIETIES AND FORENSIC ACTIVITIES
Ther e 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
T he 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.
UNIVERSITY OF RICHMOND
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 the administration and the students jointly through an incorporated board, whose legal title is "University of Richmond Publication s, Incorporated."
THE u NIVERSITY BAND
The University Band, composed entirely of students, adds 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.
THE u NIVERSITY CHOIR
The University Choir, composed of students from all divisions of the University, sings at Convocations and other University functions.
MEN'S 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. The club gives frequent concerts throughout the State
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 experiment ation in the dramatic field.
Each year keys are presented to those members of the two upp er 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 awarded 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.
7. An award by the Virginia Society of Public Accountants is given to the outstanding graduate in accounting.
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 honor s 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 th e various city and suburban churches, with their Bible classes, Sunday Schools and worship services. Prayer meetings conducted by th e students themselves are held once, or oftener, every week. · On Thursdays at 7: 30 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. From time to time, prominent visiting speakers address these assemhlies on educational, civic, and religious themes. These assemblies give opportunity for announcements of interest and importance to th e 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 publislies an alumni magazine.
The officers of the society are: William Hugh Bagby, Baltimol'.e, Md., President; D. N. Davidson, Orange, Va., Chairman Alumni Council; and Joseph E. Nettles, Richmond , Va. , Secretary.
Administration
FACULTY
INSTRUCTION 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 activity. 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-time student s:
For admission to the School of Business Administration, th e general requirements 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. It is preferred th~t the pre-busin ess work include the following: *
Courses
English (including grammar and composition)
Foreign Language
Semester houn 12 6
*These liberal arts courses are required for the degree. If the student has not completed them prior to admission to the School they must be taken in addition to the professional courses.
2. The applicant must have earned a minimum of sixty quality credits. 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; with grade D, no quality credit.
3. Admission is open to men and women students. Limited 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
*A grade of at least a C must have been earned in the Principles of Economics, which is required for admission.
UNIVERSITY OF RICHMOND
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 and Master of Arts in Economics.
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 supervises 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 activitie s 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 prop er course of study, and for placement purposes upon graduation.
Each full-tim e student is assigned a Faculty Advi ser accordi ng to his field of concentration. He meets at regular intervals with hi s Adviser to discuss his program of study, his progress and such other problems as he may desire. The student is required to have a conf ere nee with his adviser at least once a month.
PART-TIME EMPLOYMENT
Because of the close relationships with business firms in the community, students are able to secure part-time employment. Such employment aids the student in meeting college expenses and gives him practical experience to supplement classroom work. The placement office of the School keeps an active file of such part-time opportunities
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 enforcement of these regulations.
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" willbe recorded.
All requests to drop classes must be made in writing to the Dea n.
GRADING
The standing of students in class work and in examinations is indica ted 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 profes sor and the approval of the general faculty, full semester hour credit will be allowed for the first semester of a continuous course becaus e 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 continuou s 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 paym ent 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 beginnin g 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 seme ster a senior has failed on as many as two subjects required for his degree he cannot remain a member of th e senior class without special action of the faculty.
Day Division
MATRICULATION
Matriculation of day students begins Monday, September 17th at 9: 00 A.M. in the School of Business Building on the campus. Classes meet regularly on Friday and Saturday, September 21st and 22nd.
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 22nd will be charged an extra fee of $5.00.
Entrance credentials should be filed with the Dean as soon as possibleafter 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 nineteen 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 RICHMO ND
"C" and with no grade lower than a "C" Students on the Dea n's List are entitled to optional attendance. Such optional attend a nce, however, may not be allowed in any course in which a "C" gr ade was made
SEMESTER REPORTS
Reports are sent to parent or guardian four times a session : at mid-semester periods and in February and June. The se includ e 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 cooperatio n on the part of those to whom they are addressed will make th ese reports of real value in improving a student's work.
DEGREE CREDIT FOR EXTRA-CURRICULAR ACTIVITIE S
The following credits may be granted for extra-curricular a ctivities, although in no case may a student offer for degree credit more than a total of four hours in both physic a l exercise and extracurricular activities.
LITERARYSocIETY-¼ semester hour for ea ch semester' s work PUBLICATIONS-¼ sem ester hour for each semester ' s work . INTERCOLLEGIATEDEBATING-¼ semester hour a session.
To obtain credit in these extra-curricular activities, a stud ent must meet the qualifications set up for the activity in which h e is engaged and be certified for credit to the Dean's office by the faculty adviser or director of that activity In addition to the abo ve activities, academic credit is granted for participation in the U niversity Choir, the University Band and the Men's Glee Club.
RULES GOVERNING CLASS ABSENCES
1. A student is allowed each seme ster as many un excused absences in each class as the semester-hour value of that classthree unexcused absences from a three-hour class, four fro m a four-hour class, etc. These absences are granted to take ca re of necessary business engagements, delayed transportation, and oth er emergencies. Students are warned not to be absent from class except in cases of emergency. A student who absents him self 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 cases 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 publi c capacity .
GENERAL REGULATIONS
The deportment of a gentleman is the standard to which every student is expected to conform. All appropriate means are us ed 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 ea ch 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 mu st not be made without his consent.
2. If a student destroys, defaces, or in any way damages college property, or aid s and abets others in so doing, he shall within twenty-four hours report the fact to the Dean of Students. Stud ent s will be charged pro rata for all damages not individually account ed for.
3. No club or society may be formed unless the faculty approv es its plan and purpo se, 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 , su ch living arrangements are subject to examination and approval by the Dean of Students.
5. Any student who resides in a dormitory, fraternity hou se, or residence other than the home of his parent or guardian, and who wishes to maintain and operate an automobile while enrolled in the School, must file in the office of the Dean of Students his 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 vehicles . 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.
RESERVE OFFICERS' TRAINING CORPS
Qualified students may enroll in the University of Richmond Units of either the Transportation Corps of the Army Reserve Officers' Training Corps or the Air Force Officers' Training Corps, and take courses leading to a commission as Second Lieutenant in the Officers' Reserve Corps of the Army or the Air Force. For complete information on these programs, write the Dean.
COOPERATIVE TRAINING PROGRAMS
At the present time cooperative training programs are available for majors in accounting and majors in marketing. Accounting seniors serve a one-month internship during the session with a public accounting firm. During this month the student works full-time with the firm and secures work experience in the various phases of public accounting. The student receives compensation which is sufficient to cover the tuition and fees of the second semester.
Senior Marketing students have available a cooperative program with several of the large stores whereby the student spends seven hours each week for three months each semester in the store. During this period the student spends time in each of the various activities of the store and receives training from store executives. Four semester hours of credit is given for this work.
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 degrees Master of Science in Business Administration and Master of Arts in Economics which are 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 Courses
Each student is required to pass with a grade of no less than C each of the following courses :
2
4
* A student who wishes to select Accounting as his field of concentration should complete Fundamentals of Accounting prior to admission if he expects to complete his degree program in two years.
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 the following: Accounting, Business Economics, Finance, Insurance, Management, Marketing and Personnel Relations. 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-four semester hours of work, consisting of twelve hours from Group I courses, nine hours from Group II courses, and three hours from Group III courses. In special cases, and upon recommendation of the faculty advisor, a student may be allowed to substitute a course in Group III for a designated course in Group II, provided only one substitution is made. Each course in the field of concentration must be passed with a grade of no less than C.
FIELDS OF CONCENTRATION
ACCOUNTING
Group I ( 12 semester hours)
Acc. 303-304, Intermediate Accounting
Acc. 305-306, Advanced Accounting
Group II (9 semester hours)
Acc. 307-308, Cost Accounting
Acc. 311, Auditing
Group Ill (3 semester hours)
B.A. 364, Analysis of Financial Statements
Acc. 309, Tax Accounting
Acct 310, Government and Fund Accounting
Acct. 313, Accounting Systems
BusrnEss EcoNOMICS
Grau p I ( 12 semester hours)
Econ. 304, Current Tax Problems
Econ. 300, Resources and Industries
Econ. 313, Survey of Labor Economics
Econ. 310, Economics of Public Utilities and Transportation
Group II (9 semester hours)
Econ. 302, Advanced Money and Banking
Econ. 315, Economic History of the United States
E con. 317, Bu siness Cycles
B.A. 368, Inve stments
Grou p III (3 sem ester hours)
Econ. 309, Government Regulation of Business
E con . 307, Int ernational Tr a d e
FINANCE
Group I ( 12 semester hours)
Econ . 302, Advanced Money and Banking
Econ. 304, Current Tax Problems
B.A. 315, Business Organization and Procedure
B.A. 368, Investments
Group Ila (9 semester hours) For Public Finance Majors
Econ. 303, Financial Organization of Government
Econ. 308, International Finance
Econ. 317, Business Cycles
B.A. 366, Security Markets
Group Ilb (9 semester hours) For Business Finance Majors
Econ. 317, Business Cycles
B.A. 362, Credits and Collections
B.A. 364, Analysis of Financial Statements
B.A. 366, Security Markets
Group III
Econ. 309, Government Regulation of Business
B.A. 349, Bank Administration
Econ. 308, International Finance
B.A. 364, Analysis of Financial Statements
INSURANCE
Group la ( 12 semester hours) For Life Insurance Majors
B.A. 381, Life Insurance Principles and Practices
B.A. 390, Life Underwriting
B.A. 388-389, Life Insurance Finance
Group lb ( 12 semester hours) For Property Insurance Majors
B.A. 383, Property and Casualty Insurance
B.A. 392-393, Property and Casualty Insurance, CPCU I
B.A. 394, Property and Casualty Insurance, CPCU II
Group Ila (9 semester hours) For Life Insurance Majors
B.A. 383, Property and Casualty Insurance
B.A. 384-385, General Insurance Education
Group II b ( 7 semester hours) For Property Insurance Majors
B.A. 381, Life Insurance Principles
B.A. 395, Fidelity and Surety Bonds
B.A. 391, Inland Marine
Group III (3 semester hours) All Insurance Majors
Three hours of elective in insurance
SCHOOL OF BUSINESS ADMINISTRATION
MANAGEMENT
Group I ( 12 semester hours)
Acct. 303-304, Intermediate Accounting or Acct. 307-308, Cost Accounting
B.A. 323, Sales and Sales Management
B.A. 343, Personnel Management
Group II (9 semester hours)
Psych. 327, Industrial Psychology
B.A. 342, Job Evaluation
B.A. 347, Industrial Engineering
B.A. 348, Advanced Industrial Engineering
Group Ill (3 semester hours)
B.A. 201, Business Speech
B.A. 345, Office Management
B.A. 350, Advanced Personnel Problems
Psych. 328, Psychology of Personnel
Econ. 304, Current Tax Problems
Econ 309, Government Regulation of Business
Econ. 313, Survey of Labor Economics
Econ. 314, Labor Relations and Legislation
MARKETING
Group I ( 12 semester hours)
B.A. 322, Principles of Advertising
B.A. 362, Credits and Collections
B.A. 328, Market Research
B.A. 323, Sales and Sales Management
Group Ila (9 semester hours) For General Marketing Majors
B.A. 329, Principles of Wholesaling
B.A. 343, Personnel Management
B.A. 324, Principles of Retailing
Group llb (9 semester hours) For Retail Marketing Majors
B.A. 324, Principles of Retailing
B.A. 343, Personnel Management
B.A. 330, Retail Store Buying
B.A. 333, Cooperative Training in Marketing
Group I II ( 3 semester hours)
B.A. 324, Principles of Retailing
B.A. 329, Principles of Wholesaling
Econ. 307, International Trade
B.A. 201, Business Speech
PERSONNEL RELATIONS
Group I ( 12 semester hours)
B.A. 342, Job Evaluation
B.A. 343, Personnel Management
Econ. 313, Introduction to Labor Problems
Psych. 327, Industrial Psychology
Group II ( 9 semester hours)
B. A. 344, Supervisor Training
B.A. 34 7, Industrial Engineering
B.A. 350, Advanced Personnel Problem!
Econ. 314, Labor Relations and Legislation
Group Ill (3 semester hours)
B.A. 306, Labor Law
B.A . 344, Supervisor Training
B.A. 34 7, Industrial Engineering
B.A. 348, Advanced Industrial Engineering
B.A. 350, Advanced Personnel Problems
Econ. 314, Labor Relations and Legislation
Psych. 328, Psychology of Personnel
Thesis
Not later than the middle of the semester in which he expect s to graduate, the student must submit to his adviser an acceptabl e thesis which he has written on a subject in his field of concentration. The student must work closely with his adviser in selecting a subject, preparing the outline, and planning the research.
Physical, Education
To graduate, each student must have completed not less than two semester hours of physical education. This work may be taken prio r to entering the School or while in the School.
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 Grammar and Composition, 6 semester hours
Science, 8 semester hours
Foreign Language, 6 semester hours
Mathematics, 6 semester hours (Academic)
Social Science, 6 semester hours
SOPHOMORE YEAR
English, 6 semester hours
Principles of Economics, 6 semester hours
Psychology, 6 semester hours
Public Speaking, 6 semester hours
Elective, 6 semester hours
Students who desire to take the degree in Accounting, if they 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.
EXPENSES
1. Resident Student s
The regular expen ses of students residing in college dormitories , which also include room and board, amount to $820 for the college session, September to June, and are divided as follows:
are payable at the Treasurer's office.
*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 conditions of the cost of · food, the University reserve s the right to change the charges for board for the session 1951-5 -2.
TERMS OF PAYMENT: One-half of the fees is payable on entranc e, and the remaining half is payable January 15, 1952.
In making an estimate of cost for the session, the student should also take in consideration other expenses which are not paid at th e Treasurer's office, such as books , laundry , and personal incidental s.
2. Non-Resident Students
Expenses of the College Session:
TERMS OF PAYMENT: One-half of the fees is payable on entranc e, and the remaining half is payable January 15, 1952.
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 m a de for each hour in excess of nin eteen carri ed in any semest er
SPECIAL CHARGES
R egistration fee for non-matriculated ca ndidates for graduation
ninety days preceding the date
NOTES
In order to av oid delay in matriculation, parents are ur ge d to
* Each student is given a group of psychological tests during his first semester of attendance The fee covers the cost of the test materials and the cost of scoring . This is a non-recurring fee .
provide their sons with the amounts due on entrance. Make checks payable to University of Richmond.
A student is not enrolled in classes for either semester until satisfactory arrangement has been made with the Treasurer for the fees of that semester. Students who fail to complete matriculation for the first semester by 5: 00 P.M. Thursday, September 20, 1951, or 12: 00 o'clock noon Saturaay, February 2, 1952, for the second semester, will be charged an extra fee of $5.00.
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 himself, 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 disposal several small loan funds with which to assist needy students.
The College Fee is an entrance charge paid by all students to cover the privileges of the campus and buildings, including the use of the library and laboratories, and is not subject to deduction or in any case refunded. Twenty-five dollars ($25.00) of the College Fee must be paid in advance by new students and by former students not in attendance during the full preceding semester. This advance payment must be made upon acceptance by the College for admission. This payment will be credited on the first-semester account of the student, but is not refundable if the student fails to matriculate.
The Contingent Fee of $5.00 is charged each student to cover unnecessary damage to College property, loss of books from the library, etc. Such part of this 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 students and alumni. The fee, $11.50 for the Athletic 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,
UNIVERSITYOF
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.
SCHOLARSHIPS
Persons seeking scholarship appointments 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.
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.
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 college fee of the non-resident student. The dormitory student who makes a room deposit of ten dollars ($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 scholarship deposit is not refundable if a student fails to matriculate.
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.
DORMITORY ROOMS
The College dormitories open for reception of students Sunday evening, September 16th. 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 charges 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 medicines, 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.
UNIVERSITYOF RICHMOND
DAY COURSES of STUDY FOR 1951-1952
Courses given below are offered during the daytime. For evening courses see page 53. The number in parenthesis indicates semester hours of credit. Starred courses may be taken for graduate credit upon fulfilling additional requirements. Courses enclosed in brackets will not be offered in 1951-52. Econ. 201-202 is a prerequisite for all courses except Acct. 203-204 and B.A. 301-302.
AccouNTING CouRsEs
ACCOUNTING203-204. FUNDAMENTALSOF 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 all degree candidates.
ACCOUNTING303-304. INTERMEDIATEACCOUNTING(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. ADVANCEDAccouNTING (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.
A survey course of the basic principles of cost accounting. Special emphasis on use of cost information. Prerequisites, Accounting 203-4.
*ACCOUNTING309. 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. INTRODUCTORYAUDITING (3)
A short course designed for daytime students. Prerequisites, Accounting 203-4 and 303-4, except by permission of the instructor.
DEPARTMENTOF ECONOMICS
DR. THOMAS, Chairman
Principles of Economics is a prerequisite for all subsequent numbered Economics courses.
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 201-202. PRINCIPLES OF ECONOMICS (6)
Fundamental economic principles. Production; value; price; distributon; wages; rent; interest; profits; business cycles; consumption economics insurance; labor; transportation; exchange; public finance; public utilities; and economic systems. Not open to freshmen. This course is a prerequisite for all subsequent Economics courses.
[EcoNoMics 299. EcoNoMic ANALYSIS (3)]
ECONOMICS 300. RESOURCES AND INDUSTRIES ( 3)
A study of the nature, location, and output of selected industries as affected by the supply of natural capital, and labor resources.
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 302. ADVANCED MoNEY AND BANKING (3)
The study of monetary theory and banking theory. The value of money; the bank credit system; the Federal Reserve Banking System. Prerequisite, Economics 301.
*ECONOMICS 303. FINANCIAL ORGANIZATION OF GOVERNMENT (3)
Principles of public finance; public expenditures; public finance theory; shifting and incidence of taxation; budgetary procedure; distribution of the tax burden
*ECONOMICS 304. CURRENT TAX PROBLEMS (3)
Analysis of American taxes. Income, property, business, death, and excise taxes. Public debt. ·
[ECONOMICS 307. INTERNATIONALTRADE (3)]
[ECONOMICS 308. INTERNATIONAL FINANCE (3)]
*ECONOMICS 309. GOVERNMENT REGULATION OF BUSINESS (3)
The economic bases for the regulaton of private business; the development of federal regulation of industry; the elements of sound public policy toward business.
*ECONOMICS 310. ECONOMICS OF TRANSPORTATION AND PVBLIC UTILITIES ( 3)
An analysis of the major economic features of the transportation system of the United States. The economic characteristics of the principal utilities industries including methods of regulation, valuation, rate making
*ECONOMICS 311. THE DEVELOPMENT OF ECONOMIC IDEAS ( 3)
A study of the evolution of the major economic concepts. Property; wealth; production; value; money; rent; wages.
UNIVERSITY OF RICHMOND
*EcoNOMICS 312. CoNTEMPORARY EcoNOMIC THEORY (3)
A study of the contributions of Marshall, Chamberlain, Keynes and others, to current economic theory. Required of all degree candidates.
*ECONOMICS 313. INTRODUCTION TO LABOR ECONOMICS (3)
A study of the labor force; unemployment; turnover; wages; houn; evaluation of the labor movement in the United States; aims, ideals and structure of organized labor.
*ECONOMICS 314. LABOR RELATIONS AND LEGISLATION (3)
A study of the industrial conflict; collective bargaining; labor legisla- tion; agencies and methods of promoting industrial peace.
[ECONOMICS 315. ECONOMIC HISTORY OF THE UNITED STATES (3)]
[ECONOMICS 316. COMPARATIVE ECONOMIC SYSTEMS ( 3)]
[EcoNoM1cs 317. Bus1NFss CYCLES (3)]
COURSES IN BUSINESS ADMINISTRATION
B.A. 101. INTRODUCTION TO BUSINESS (3)
A survey course offered for beginning students of Richmond College to give the student a perspective of the various phases of business. The student is introduced to such activities as finance, marketing, manage • ment, statistics, accounting, labor, transportation, and insurance. Open to freshmen only
B.A. 201. BUSINESS SPEECH (3)
This course is designed to give trammg in oral communications to business students. Primary emphasis is placed upon practical speech application in various business situations.
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 knowl- edge of modern business principles and techniques. Prerequisite, BA 365.
B.A 321. PRINCIPLES OF MARKETING (3)
A study of the institutions involved, functions performed, and prob- lems 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.
*B.A. 328. MARKET RESEARCH ( 3)
This course is designed to familiarize the student with the various techniques of market and marketing research. Emphasis is placed upon actual research problems. Prerequisites, B.A. 307 or Math. 204, and B.A. 321.
·*B A. 324. PRINCIPLES OF RETAILING ( 3)
This course is designed to give the student a knowledge of the various a spects 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. 333. COOPERATIVE TRAINING IN MARKETING ( 4)
A program developed through cooperation of retail merchants in Richmond. Student spends six hours a week in the store for three months each semester. During the first semester the student obtains experience in selling a nd service management. During the second semester he consults with executives in all phases of retail operation. Application for this course ' must b e made during the second semester of the junior year.
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. 364. ANALYSIS OF FINANCIAL STATEMENTS (3)
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.
UNIVERSITY OF RICHMOND
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. Prerequisite, Accounting 203-204, or permission of the instructor.
[B.A. 368. INVESTMENTS ( 3)]
*B.A. 381D. 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 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 credits leading to the degree Master of Science in Business Administration and Master of Arts in Economics.
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 college 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,
UNIVERSITY OF RICHMOND
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 ADllIINISTRATION
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 Evening Classes of the School of Business Administration according to the following requirements: A candidate for the degree of Bachelor of Science in Busine ss Administration from the School of Business .Administration mu st 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 b een 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, on e quality credit; with grade D , no quality credit.
Pre-Business Courses
The following liberal arts courses must be completed by each student:
Each student is required to pass with a grade of no less than C each of the following courses :
* A grade of at least a C must have been earned on the Principles of Economics.
SCHOOL OF BUSINESS ADMINISTRATION
Economics 312, Contemporary Economic Theory
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
Upon entering the degree program the student must choose a field of concentration. Possible fields of concentration include accounting, finance, marketing, insurance, management, and business economics. A grade of no less than C must be earned in each course constituting the field of concentration. See page 31 for fields of concentration. Before making his selection, the student should confer with the Dean of the School. In addition a thesis must be submitted on some subject in the student's field of concentration.
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 Graduate School 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 permission of the dean, are designated by a star in the list of courses described in the catalogue. A student desiring to work for the degree of Master of Science in Business Administration should confer with the Dean of the School.
MASTER OF ARTS IN ECONOMICS
A prerequ1S1te for a graduate major or minor in Economics is that the student shall have had previously at least as much work in the Department of Economics as is required of an undergraduate major or minor.
UNIVERSITYOF RICHMOND
For duly qualified students the following are the minimum requirements for the degree of Master of Arts in Econmnics:
1. Twenty-seven semester hours of graduate courses including a minimum of nine hours in a major field and eighteen hours to be divided between the major and a minor field. A student desiring to work for the degree of Master of Arts in Economics should confer with the Department Chairman and the Dean of the School.
2. A thesis in the major field.
3 . A minimum grade of B in all courses counted toward the degree.
CERTIFICATE PROGRAM
A certificate in Business Administration will be awarded to any student who has successfully completed, with a grade of no less than C in each course, a minimum of thirty-six semester hours. Each program must be approved by the Dean of the School. Several certificate programs are offered. These are:
ACCOUNTING
First year: Second year: Third year: Fourth year:
First year: Second year: Third year: Fourth year:
First year:
Second year: Third year:
First year:
AccouNTING 203-204, B.A. 301-302.
ACCOUNTING303-304, 309.
ACCOUNTING305-306, 307-308.
ACCOUNTING311-312, 310.
BANKING
B.A. 303-304, 241.
ECONOMICS203-204, ACCOUNTING205-206. EcoNOMICS 301 and 6 hours of electives. Electives to complete 8 semester hours.
FINANCE
ACCOUNTING205-206, ENGLISH 101, ECONOMICS 201-202.
ECONOMICS301, B.A. 301-302. B.A. 365, 367, 368 and 3 hours of electives.
INSURANCE
ENGLISH 101, EcoN. 201-202, B.A. 381-382 or 383N .
Second year: B.A. 301-302, 384-385, 386-387 or 391. Third year: B.A. 365, 368, 388-389 or 392-393.
MARKETING
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:
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.
ACCOUNTING203-204, B.A. 241,341.
B.A. 307, 343, 345 and 3 hours of electives.
CREDITMANAGEMENT
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.
AccoUNTING 203-204, B.A. 310, 311.
B.A. 305, 312, 396, and 3 hours of electives.
TRANSPORTATIONANDTRAFFIC MANAGEMENT
Second year: Third year: Fourth year:
ECONOMICS201-202, B.A. 351-352.
B.A. 321, 353-354, Econ. 319.
B.A. 355-356 and 3 hours of electives.
B.A. 357-358 and 3 hours of electives.
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 train-
ing 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 1s 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 communit: 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 addition 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.
M atriculation.-Matriculation of part-time students in evening classes will be conducted in the Columbia Building from 7: 00-9: 30
P. M. Monday, September 10 through Friday, September 14. Evening registrations are accepted in the order received until classes are filled. No one will be permitted to register for any first semester class after October 5, or any second semester class after February 23.
Class H ours.-Classes meet once each week, beginning at 7: 00 or 7:30 P. M. and continuing for 100 or 150 minutes, unless stipulated otherwise in the schedule of particular courses. This schedule is available at the beginning of each semester.
Late Afternoon Classes.-To be of further service to the community, the School is offering several classes in the late afternoon. These classes begin at 5: 30 P.M. and run for 75 or 100 minutes. For additional information consult the course schedule.
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.-See page 24.
Withdrawals-Students are permitted to withdraw from a class without scholastic penalty prior to mid-semester upon submitting 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 clean 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.
UNIVERSITY OF RICHMOND
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 capabl e students in making connections with business firms.
STUDENT ACTIVITIES FEE
Evening students of the School of Business Administration are 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. A student activities fee of one dollar per student per semester is charged. This fee has been requested by the students and is used for various activities of interest and benefit to the students. Funds from the fee will be administered by student representatives.
FEES
The tmt10n is $7.50 per semester hour. The tuition for a twohour 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 13, 1951, is $40.00. The tuition for Accounting 324 is $27.00.
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.
EVENING COURSES of STUDY
For 1951-1952
The right is reserved to withdraw courses in which the enrollment is less than fifteen. Clas~es 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 1950-51 session. The schedule of evenings on which classes meet may be secured by telephoning 6-9485 or writing to the Office.
AccouNTING CouRsEs
AccouNTING 203-204. FUNDAMENTALS OF AccouNTING (D)
7:00-9:30, both semesters. Six hours credit.
AccouNTING 205-206. GENERAL AccouNTINO [Arn]
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)
7:00-9:30, second semester. When followed by Accounting 204, six semester hours of credit.
AccouNTING 204. FUNDAMENTALS OF AccouNTING (D)
7:00-9:30, first semester. Six hours credit. Prerequisite, Accounting 203.
AccouNTING 303-304. INTERMEDIATE AccoUNTING (D)
7:00-9:30, both semesters. Six hours credit.
*AccouNTING 305-306. ADVANCED AccouNTING ( D)
7:00-9:30, both semesters. Six hours credit.
*AccouNTING 307-308. CosT AccouNTING
7:00-9:30, both semesters. Six hours credit.
Covers methods of accounting for the various elements of productionl distribution, and financial costs, with special emphasis on the use ot cost information. Prerequisite, Accounting 203-4, 303-4.
*AccouNTING 309. TAX AccoUNTING (D)
7:00-9:30, first semester. Three hours credit.
UNIVERSITY OF RICH.MONO
·*AccouNTING 310. GovERNMENTAL AND FUND AccouNTING
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.
*AccoUNTING 311-312. AUDITING
7:00-9:10, 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. '
[AccoUNTING 313-314. AccouNTING SYSTEMS (6)]
*AccoUNTING 315. INTERNAL AUDITING
7:00-9:30, first semester. Three hours credit.
A course concerned with constructive appraisal and betterment of the internal operations of an enterprise. Procedures and processes underlying financial statements are emphasized as well as a critical study of mechanical checks and procedures. Prerequisites, Accounting 303-304 and Accounting 307-308.
ACCOUNTING 323. C.P.A. REVIEW
No credit.
A coach class which runs for twelve weeks ·beginning August 13; 1951. It is designed as a refresher course for those who wish to take the 1951 C.P.A. examinations.
AccouwTING 324. C.P.A. PROBLEMS
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 1951 C.P.A. examinations.
ECONOMICS COURSES
ECONOMICS 51. FUNDAMENTALS OF BANKING [Arn]
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 201-202. PRINCIPLES OF ECONOMICS (D)
7:00-9:30, first semester. Six hours credit.
ECONOMICS 203-204. PRINCIPLES OF ECONOMICS [Arn]
7:00-9:30, 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.
SCHOOL OF BUSINESS ADMINISTRATION
EcoNOMICS 301. MoNEY AND BANKING (D)
7:00-9:30, first semester. Three hours credit. [Arn]
7:00-9:30, second semester. Three hours credit.
* EcoNOMics 307. INTERNATIONAL TRADE (D)
7:00-9:30, second semester. Three hours credit.
*ECONOMICS 317. BUSINESS CYCLES
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.
[ECONOMICS 318. FEDERAL RESERVE PRINCIPLES ( 3)]
7:00-9:30, second semester. Three hours credit.
The development of the Federal Reserve System, its operation and its contribution to our economic life. The Federal Reserve Statement is carefully analyzed.
*ECONOMICS 319. ECONOMICS OF TRANSPORTATION
7:00-9:30, second semester. Three hours credit.
The place of transportation in the economy. Also, the theory of rates with special emphasis on legislation and agencies of control. Prerequisite: Economics 201-202 or permission of instructor.
COURSES IN GENERAL BUSINESS
B.A. 201. BUSINESS SPEECH
7:00-9:30, each semester. Three hours credit.
This course is designed to develop poise and -s.elf-confidence in speaking to groups or in personal contacts.
B.A. 301-302. BUSINESS LAW (D)
7:00-9:30, both semesters. Six hours credit.
B.A. 303. COMMERCIAL LAW [Arn)
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]
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.
UNIVERSITY OF RICHMOND
[B.A. 305. LAW OF REAL AND PERSONAL PROPERTY ( 3)]
*B.A. 306. LABOR LAW
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
7:00-9:30, first 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
7:00-9:30, first semester. Three hours credit.
Mathematics of business finance with special emphasis on annu1tles, amortizations, sinking funds, depreciation, bonds, and actuarial mathematics. Prerequisite, college algebra, or permission of the instructor.
*B.A. 309 PRINCIPLES OF REAL ESTATE
7 :00-9:30, second semester. Three hours credit.
A course covering the basic principles of selling, renting, managing, and appraising real estate.
[B.A. 310. REAL ESTATE BROKERAGE (3))
[B.A. 311. REAL ESTATE APPRAISAL (3)]
[B.A. 312. PROPERTY MANAGEMENT (3)]
*B.A. 314. PRINCIPLES OF PUBLIC RELATIONS
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)
7 :00-9:30, first semester. Three hours credit.
*B.A. 322 PRINCIPLES OF ADVERTISING (D)
7 :00-9:30, first semester. Three hours credit .
*B.A. 324. PRINCIPLES OF RETAILING (D) .
7 :00-9:30, second semester. Three hours credit.
SCHOOL OF BUSINESS ADMINISTRATION
(B.A.325. RETAIL SALESMANSHIP (2)]
B.A. 326. SALESMANSHIP
7:00-9:30, second semester. Three hours credit.
A study of the principles involved in l?ersonal selling other than retail selhng. Special emphasis on developmg territories, prospecting, buying motives, presentations, sales tools, closing the sale, et cetera.
*B.A. 327. SALES MANAGEMENT
7:00-9:30, second semester. Three hours credit.
An advanced course for sales supervisors, and managers which covers organization, recruiting, 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 (D)
7:00-9:30, second semester. Three hours credit.
B.A. 329. PRINCIPLES OF WHOLESALING
7:00-9:30, second semester. Three hours credit.
The nature and evolution of wholesaling, modern wholesaling in the United States, operation and management of a wholesale business, and economic and governmental aspects of wholesaling. Prerequisite: B.A. 321, or permission of the instructor.
B A. 332. ADVANCED ADVERTISING
7:00-9:30, second semester. Three hours credit .
Practical workshop methods afid techniques in writing copy and developing layouts. Prerequisite: B.A. 322, or permission of instructor.
B.A.334. PURCHASING
7:00-9:30, second semester. Three hours credit.
Purchasing procedures including quality and quantity control, sources of supply, inspection, and price policies. Special emphasis is placed on purchasing problems.
COURSES IN MANAGEMENT
B.A. 241. BUSINESS MANAGEMENT [AIB]
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 business activity is examined. Not open to degree candidates.
B.A. 242. SMALL BUSINESS MANAGEMENT
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-ali management.
B.A. 341. INDUSTRIAL MANAGEMENT (D)
7:00-9:30, second semester. Three hours credit.
*B.A. 342. JoBEVALUATION
7:00-9:30, second semester. Three hours credit.
The needs and purposes of job evaluation, proper procedures for evaluation in regard to manpower requirements and the ratin g of jobs to determine equitable compensation.
*B.A. 343. PERSONNEL MANAGEMENT (D)
7:00-9:30, first semester. Three hours credit.
*B.A. 344. SUPERVISOR TRAINING
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 work ers in order to achieve maximum efficiency with high employee moral e.
K·B.A. 345. OFFICE MANAGEMENT
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, equ ipment, forms, costs, budgets, selection and training of personnel, manual s, et cetera.
*B.A. 346. OFFICE METHODS
7:00-9:30, first semester. Three hours credit.
The development and application of work simplific a tion techniqu es to the non-productive processes of the business organization; prop er layout, flow of work, standard operations and procedures
-X·B.A. 347. INDUSTRIAL ENGIJ\"EERING
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
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.
SCHOOL OF BUSINESS ADMINISTRATION
;fB.A. 349. BANK ADMINISTRATION [Arn]
7:00-9:30, second semester. Three hours credit. 59
An advanced course for banking personnel which covers personnel policies, budgetary control, audits and examinations, insurance and taxation, business development and advertising policies.
*B.A. 350. ADVANCED PERSONNEL PROBLEMS
7:00-9:30, second semester. Three hours credit.
An advanced course designed to examine thoroughly the leading personnel problems involved in everyday operations of business. Prerequisite, B.A. 343, or its equivalent.
13.A.351-352. INTRODUCTION TO TRAFFIC MANAGEMENT
7:00-9:30, both semesters. Four hours credit.
This course includes an analysis of the American transportation system, developments leading to the regulation of railroads and other earners, origin and development of classification and rate territories, principles of freight classification and an analysis of classification rules.
B.A. 353-354. INTERMEDIATE TRAFFIC MANAGEMENT
7:00-9:30, both semesters. Four hours credit.
The application of tariff circulars, construction and filing of tariffs (tariff compilation), freight rates and tariffs, routing and special freight services. Prerequisite, B.A. 351-352.
·*B.A. 355-356. ADVANCED TRAFFIC MANAGEMENT
7:00-9:30, both semesters. Four hours credit.
This course analyzes from a legal standpoint tariff and rate interpretation, 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.
*B.A. 357-358. PRACTICE AND PROCEDURE BEFORE I.C.C.
7:00-9:30, both semesters. Six hours credit.
This course is designed to prepare the student to become a practitioner before the I.C.C. Special attention is given to application of the Interstate Commerce Act, rules of practice, evidence, leading Supreme Court decision and the code of ethics. Prerequisite, B.A. 355-356, or permission of the instructor .
*B.A. 498-499. GRADUATE SEMINAR rn BUSINESS
7:00-9:30, both semesters. Six hours credit.
This course is required of all students working for the degree Master of Science in Business Administration. Subject matter to be covered 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
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
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
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
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)
7 :00-9:30, first semester. Three hours credit.
Prerequisite, one year of accounting or permission of the instructor
*B.A. 366. SECURITY MARKETS
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)
7:00-9:30, second semester. Three hours credit.
[B.A. 369-370. TRUSTS]
*B.A. 372. ADVANCED CREDITS AND COLLECTIONS
7:00-9:30, second semester. Three hours credit.
An advanced course in credits and collections, including financial statement interpretation, credit and collection correspondence, protection and redemption of credit. Special emphasis is placed on actual cases. Prerequisite: B.A. 362, or permission of the instructor.
scIIOOL OF BUSINESS ADMINISTRATION
COURSES IN INSURANCE
[B.A.381-382. PRINCIPLES OF LIFE INSURANCE, CLU-A]
[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
7:30-9:30, both semesters Six hours credit.
This course prepares the student for Part C of the C.L.U. examinations . It contains (a) the fundamental concepts of commercial law applied to life insurance, (b) a study of wills, trusts, and estates, and (c) the problems of taxation relating to business insurance.
[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
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
7:00-9:30, second semester. Three hours credit.
A sp ecialized course designed to prepare students for Part II of the C. P .C.U. examinations.
*B.A. 395 FIDELITY AND SURETY BONDS
7:30-9:10 , first semester. Two hours credit .
Th e various kinds of fidelity and surety bonds, the principles of suretyship, underwriting and rating principles and the part played by suretyship in our present economic system
[B.A. 396. BUSINESS INSURANCE ]
RELATED COURSES
ENG LISH 101. BUSINESS ENGLISH
7:00-9 :30, first semest er Three hours credit
A study of the fundamental principles of English grammar and composition with emphasis on sentence structure, punctuation, vocabular y and the organization of written work
UNIVERSITY OF RICHMOND
ENGLISH 102. BUSINESS LETTER WRITING
7:00-9:30, second semester. Three hours credit.
This course is designed to achieve the clearness, accuracy and conciseness characteristic of effective expression essential to the business man or woman.
*PSYCHOLOGY 327. BUSINESS PSYCHOLOGY
7:00-9:30, first semester. Three hours credit.
A study of the various applications of psychology in business and industrial situations such as individual differences, training, fatigue and efficiency, advertising, use of public opinion surveys and dynamics of mob psychology.
*PSYCHOLOGY 328. PERSONNEL PSYCHOLOGY
7:00-9:30, second semester. Three hours credit.
A detailed and intensive study of the psychological problems of personnel management with emphasis tests, ratings, incentives, emotional factors and morale. Prerequisite, Psychology 327, or its equivalent.
SCHOLARSHIPS AWARDED, 1950
EDWARD 0. WHITT
HELEN w. LINDSEY
EDWARD McCARTHY MILLER
Accounting I Business English Business Law
T. COLEMAN ANDREWS AND COMPANY PRIZE IN ACCOUNTING
ROBERT J. GAMBILL
LIFE AGENCY MANAGERS PRIZE IN LIFE INSURANCE
ORISON T. NEBLETT
SALES EXECUTIVES PRIZE IN SALESMANSHIP
DELBERT A. THOMPSON
NATIONAL OFFICE MANAGEMENT PRIZE IN OFFICE MANAGEMENT
JAMES C. COLEMAN, JR.
KENNETH J. LAWLOR, JR.
STUDENT ADVISORY COMMITTEE
JOSEPH A. AMRHEIN, JR.
L. JANE BATES
ARTHUR L. DAVIES
JAMES J. Fox
THOMAS 0. NICHOLSON
WILLIAM w. PENDLETON
JULIA E PHILLIPS
S. BROOKS ROBERTSON
LESLIE T. STANSBURY, JR.
SARAH E. STRADER
EDWARDO. VAN PELT
JENNINGS W. WARD
JOHN B. WATKINS
DAVID T. YOUNG, JR.
ROSTER OF SCHOOL OF BUSINESS ADMINISTRATION
1950 -1951
SENIOR CLASS
James Davis Adams Richmond, Virginia
Lawrence Glen Alexander .......................................................... Amelia, Virginia
Paul Alexander Atwell .............................................................. Cambridge, Ohio
Bruce Harrison Banks ................................................................ Norfolk, Virginia
William Cameron Bannister, Jr Richmond, Virginia
Joseph Edward Brooks .............................................................. Dundas, Virginia
Lowell Arthur Brosky ............................................................ Richmond, Virginia
Wesley Wilfred Brown J oliet, Illinois
Philip Macy Browning .......................................................... Richmond, Virginia
Milton Dudley Calfee .................................................... Bluefield, West Virginia
William Minnigerode Claytor .................................................. Bedford, Virginia
Elwood Lewis Coates Hague, Virginia
Henry Pollard Cobb .............................................................. Richmond, Virginia
John Collie, Jr Ringgold, Virginia
Gus A. Condos ............................................................................ Chicago, Illinois
William Henry Cox, Jr Richmond, Virginia
Ernest Philip Crick ................................................................ Richmond, Virginia
William Hugh Davis .............................................................. Richmond, Virginia
James Irvin DeWitt .............................•...................................... Phoenix, Arizona
A. D. Dodd Richmond, Virginia
Samuel Henson Flannagan, III.. .......................................... Richmond, Virginia
Floyd Edward Fowlkes, Jr ................................................... Richmond, Virginia
Richard Letcher Gary ................................................................ Dillwyn, Virginia
Robert Ashley Gollwitzer .......................................................... Beloit, Wisconsin
William Sims Grabeel.. Rose Hill, Virginia
Edmond Ralph Graves, Jr Richmond, Virginia
Timothy Wash Haden Fife, Virginia
Reginald Yartye Southcott Hallett ...................................... Richmond, Virginia
Donald Eugene Harding ...................................................... Richmond, Virginia
Edward Lee Harris Richmond, Virginia
Harry Hastings .................................................................. Sylva, North Carolina
Wilbur Thomas Hawks Victoria, Virginia
Warren Ross Hawkins Richmond, Virginia
James Simpson Howell .......................................................... Richmond, Virginia
Herbert _Hunt .............................................................. Charlotte, North Carolina
Herbert Leon Jeffords, Jr Richmond, Virginia
Coleman M. Johnston, Jr ..................................................... Richmond, Virginia
Robert Ernest Johnson Arlington, Virginia
John Randolph Keefe ............................................................ Richmond, Virginia
Ramon Joseph LaFratta Richmond, Virginia
J ames Harold Lawrence ... ......... ..... Richmond, Virginia
Robert James Lawther ... ............ .. .College Park, Georgia
Benjamin Franklin Lewis, Jr ... .. .. ..... .... .... .Fountain, North Carolina
Ja mes David Lilly ... .. ......... .... ... ...Richmond, Virginia
Adri a n L yle Loftin, Jr ........ ..... ...
Garland Lee Long .....
Keith All en Loury .
R obert Alexander Mann
Stu ar t James Marsland .
Calvin Wen-Tah Miao ...........
Ch arles Eugene Mint er ..........
Lewis Franklin Mock ......
Th oma s Omberton Morris
Kenneth Earl Motto ...
William Page Neal .
... ..Richmond, Virginia
..Richmond, Virginia
.Loui sville, Ohio
..... ...Richmond, Virginia
Northvill e, New York
............... ... Hong Kong, China
..... Martinsvill e, Virgin ia
Abingdon, Virginia
Richmond, Virgini a
Colonial Heights, Vir ginia
..Aspen, Virgini a Ch arl es Raymond Neatrour ..
William Raymond Newhouse
Murr ell Abner Nuckols
J ack Donald Par c e!L ........
Roy -Balcer Paulette
Fran k Abbott P etri e
Peyton Mason Poll a rd .........
William Harmon Prillam a n, Jr
Earl Gordon R a tliff ........
Da niel L eslie Rik er
Henr y Don ald -Robinson ..
Jay Pa ul Samu els
Leo T yler Schmidt .
Willi am George Shahda
Ma lcolm I. Silyer
He nry Fr anklin Smith .....
Gilbert Roland Spector
William Edward Steed
R obert Scott Steph e ns
Bernard L ee Stokes
Alva Stuckey, Jr
De wey C Sturtridge, Jr.
Bowlan Gray Taylor
Louis R ay Tha ye r
Melvin Calvin Vernon
Samu el W eiman .
Edward Seayers Whitlock, Jr ..................
William H enry Wolfe, Jr .....
Clyde Eugene Woodson
Earl e Frederick Worle y
William Gene Zoll e n
- .Chester, Virginia
..Chicago, Illinois
Richmond, Virginia
Blu efield, West Virginia
Richmond, Virgini a
... Shelby, Ohio
Petersburg, Virginia
....Basse tt, Virginia
Portsmouth, Virgi nia
Chicago, Illinois
Richmond, Virginia
Hills, New York
Staunton, Virginia
Richmond , Virginia
..Newark , New Jers ey
Richmond, Virgini a
Richmond, Virgini a
Riverton, Virginia
Chanc ellor, Virgin ia
... Front Royal, Virgini a
Richmond, Virginia
Richmond, Virgini a
Richmond, Virginia
Richmond, Virgini a
...... Blair s, Virginia
.Richmond, Virginia
...Richmond, Virginia
Richmond, Virginia
Clifton For ge , Virginia
...Hopewell, Virgini a
, Detroit, Michigan
JUNIOR CLASS
Theodore Floyd Adams, Jr ................................................... Richmond, Virgini a
John Marshall Alderson, IV .......................................... Alderson, West Virginia
Thomas Savage Armistead, Jr .... .......... .. .... ... ...... Richmond, Virginia
James Clifton Atkins .............................................................. Hampton, Virginia
James Edward Beck .... ........ .................. ..................... Richmond, Virginia
Alan Lewis Bloch .............................................................. Woodmere, New York
LaSanda Bowden ...................................................................... Victoria, Virginia
Raymond Lee Breeden, Jr. ............ ............ ............ Roanoke, Virginia
Justin Lippincott Burkey ...................................................... Richmond, Virginia
Donald Gray Burnette ............................................................ Wellville, Virginia
Samuel Patterson Cardwell.. ............... .......... Lynchburg, Virginia
Hill Allen Carter, 111................................................ Highland Springs, Virginia
Roy Spencer Cayton .............................................................. Richmond, Virginia
John William Chandler .................... .... .... Richmond, Virgini a
Donald B. Coddington .. .............................. ... ... ...... Martinsville, Virginia
Eston E. Cosby, Jr ............................................................... Midlothian, Virginia
Alvin Eugene Cunningham .................................................. Richmond, Virginia
Thomas Ray Currie ...... .......... .............................. Virginia Beach, Virginia
John Hammond Dempsey ........ ............. ......... Lignum, Virginia
Jay VanClief Donohue .......................................................... Richmond, Virginia
Frank Alan Dulaney ........ ·.................................................... Winchester, Virginia
Franklin Spicer Edmonds ........................................................ Accomac, Virginia
