In an attempt to compensate for the lack of a business minor at the University, the McIntire Business Institute will open up a small number of its slots for undergraduate students this summer.
Student Council, in collaboration with MBI Director Neil Snyder, has worked to open admittance to the summer business program to 10 rising fourth-year students. Council will select students for admission to the summer 2002 program for what Snyder considers a trial session.
The MBI is an intensive summer program that is traditionally attended by graduates with non-business degrees and professionals with work experience in other fields. The program offers broad-based instruction in the business fields of accounting, finance, management and marketing.
Past program participants have found the MBI experience helpful in terms of previewing or preparing for business and graduate schools, Snyder said.
The program has been noted for its comprehensive instruction and real-world case discussions. It is held each summer at Monroe Hall, from late May to late June. School days run from 9 a.m. until 3:45 p.m., and the cost reaches about $3,000, excluding room and board.
Council has yet to design a selection process for next year's 10 spots. Council members are now determining selection criteria and may adopt academic standing requirements and first-come, first-serve registration.
The establishment of a selection policy will require a unanimous decision from Council and should be finalized soon, Chopra said.
The MBI previously has been closed to undergraduate students because the program does not offer grades or credit for participation, though daily attendance and assignment-completion are required, Council Academic Affairs Chairwoman Priyanka Chopra said.
Snyder said he originally believed the program would not benefit undergraduates. Because the College does not offer a business minor, however, he decided that opening the program to undergraduates would provide an opportunity for non-Commerce students to gain business instruction. The College does not offer a business minor mainly because of the dominance of the McIntire School of Commerce's extensive business program.
"The College does not have a business minor because of problems finding resources" to support such a program, Chopra said.
Snyder plans to carefully evaluate the progress of the first 10 undergraduate students to determine the merits of their experience.
If successful, the program may expand to accommodate more undergraduate students in future years.