The mission of the Edwin L. Cox School of Business is to improve the school’s academic programs and reputation as a top-tier business school by providing a high-quality business education to students and the business community, conducting research that contributes to the understanding of business and management, and participating in the service activities of the University and professional organizations.
From its beginning as the Department of Commerce for Southern Methodist University, the Edwin L. Cox School of Business has been educating the country’s business leaders for 100 years.
Named in 1978 in honor of Dallas businessman Edwin L. Cox, the Cox School has a rich heritage that began in 1920 when the SMU Board of Trustees established a Department of Commerce at the request of the Dallas business community. In 1921 the Department of Commerce was renamed the School of Commerce, and in 1941 the Board of Trustees established the School of Commerce as a separate entity within the University. At this point, the School of Commerce became the School of Business Administration, and the Bachelor of Business Administration degree was approved by the trustees.
The graduate program at the School of Business Administration began in 1949 with the authorization of a Master of Business Administration program. Both the undergraduate and the graduate degree programs are accredited by the Association to Advance Collegiate Schools of Business (AACSB International). The Cox School also grants a minor in business administration and a minor in business to undergraduates. The graduate program at the School of Business Administration began in 1949 with the authorization of a Master of Business Administration program. Both the undergraduate and the graduate degree programs are fully accredited by the Association to Advance Collegiate Schools of Business (AACSB International). The graduate program offers M.B.A; M.S.; M.A./M.B.A.; J.D./M.B.A.; and M.S./M.B.A. degrees, including degrees offered in joint and dual programs with the other SMU schools. Also, the Cox School offers custom and open enrollment Executive Education certificate programs.
In 1965, the SMU Foundation for Business Administration was established. This group of advisers has helped guide the Cox School throughout the years and today is known as the Executive Board. Also instrumental in supporting the Cox School are members of its two successful mentoring programs: the Associate Board for M.B.A. students and the BBA Mentoring Alliance. These two boards involve more than 350 area business leaders who volunteer their time and expertise to students who want to start making business connections for the future.
In 1952, ground was broken for the Joseph Wylie Fincher Memorial Building for the School of Business Administration. In 1987, two buildings were added to the Cox School complex: the Cary M. Maguire Building and the Trammell Crow Building. In 2005, the Cox School opened the James M. Collins Executive Education Center.
The Collins Center is home to the region’s premier resources for working professionals and executives and houses the Cox School’s Executive Education programs, Executive M.B.A. program and M.B.A. Global Leadership Program Office (supported by The Norman E. Brinker Global Leadership Endowment Fund), as well as the Southwestern Graduate School of Banking.
Hailed as one of the most technologically advanced business learning facilities in the country, the Cox School has as its hub the Business Library, which combines many of the features of a traditional university library with the latest in online databases, search tools and presentation facilities. Through the Business Library, Cox School students, faculty and staff have access to instruction and research assistance from dedicated business librarians to enhance their use of current business news and financial, industry and market data from premier providers. In addition, the library contains a group presentation room, multimedia studio, personal computers, printers and scanners for student use. The Kitt Investing and Trading Center, added to the Business Library in 2011, is a state-of-the-art instructional and research facility designed to integrate financial data and technology into the finance curriculum, enhance innovative faculty research, and teach students practical finance and investment applications. The BBA Library Research Program ensures that students are experienced in finding answers to complex questions and can present their research in an ethical and professional manner. All students that graduate from the Cox School of Business will have substantial research experience in the areas of subject major, senior capstone project, and career preparation.
Paula Hill Strasser, Director
The Edwin L. Cox Business Leadership Institute (BLI) offers undergraduate courses designed to develop and enhance B.B.A. students’ fundamental business communication and leader-applied skills. The BLI provides students with essential knowledge and experience through lectures, corporate presenters, class discussions, self-assessments, simulations and comprehensive team projects. In addition, students sharpen their career management skills by perfecting their résumés and cover letters, and researching future career choices. The BLI helps students understand channels of communication and appropriate mediums within organizations, and also understand how global cultural diversity affects business communication and leaders. Students use course textbook, experiential learning, hands-on assignments and individual coaching to develop demonstrable written/oral communication skills and a portfolio essential for initiating a business career.
Shane Goodwin, Associate Dean of Executive Education and Graduate Programs
The Executive Education Center is Dallas’ preeminent resource for business training, leadership development and advanced leadership initiatives, offering certificate programs for working professions and programs uniquely designed for corporate partners. SMU Cox Executive Education helps individuals and companies realize their full leadership potential. Leadership, Strategy, Multidimensional Diversity, and Finance programs teach the skills and tools students need at critical junctions in their corporate careers. Whether moving into a first managerial job or already at the senior executive level, the center helps students refine essential competencies, business acumen and soft skills. The center is also home to the Latino Leadership Initiative, known for best-in-class leadership development programs with specific focus on diversity and inclusion.
Simon Mak, Executive Director
Founded in August 1970 and one of the earliest entrepreneurship centers, the Caruth Institute for Entrepreneurship has continuously developed innovative courses and programs to help individuals keep pace with the dynamic, rapidly changing field of entrepreneurship. The institute currently offers undergraduate, graduate, and professional development courses to teach students the skills and knowledge necessary to launch and manage successful entrepreneurial ventures. In addition to its academic courses, the institute supports the SMU Incubator, sponsors entrepreneurship clubs, a business plan competition an MBA Venture Fund, and has created a number of unique programs that enable students to experience and better understand starting and building entrepreneurial ventures in a global context. Programs include the Southwest Venture Forum, where entrepreneurs, investors and the professionals who serve them can meet, and the Dallas 100™ Awards – an annual event that identifies and honors the 100 fastest-growing privately held companies in the Dallas area.
Joseph D. Cahoon, Director
The Robert and Margaret Folsom Institute for Real Estate was established in 1984. The institute is engaged in a number of initiatives to support both the undergraduate and graduate academic programs. It serves to support and foster industry knowledge, training, internships, networking and community outreach among commercial real estate industry professionals, Folsom Institute Advisory Board members, alumni and SMU students. The institute cultivates tomorrow’s innovative real estate leaders through its dedication to academic excellence, real world applications, technical training, leadership coaching and career placement assistance.
W. Bruce Bullock, Director
The Maguire Energy Institute promotes the study of policy, marketing and management issues that affect oil, natural gas and electricity. Founded by Cary M. Maguire, chairman, president and chief executive officer of Maguire Oil Company, the institute is a leading-edge resource for energy industry information and facilitates the exchange of ideas among students, businesses, the media and government officials.
Students can participate in courses, workshops and seminars. The institute also conducts research and analysis, publishes a quarterly newsletter on important policy issues and focuses on exploring innovative ways to improve management of the world’s oil and gas resources.
Edward J. Fox, Executive Director
The JCPenney Center for Retail Excellence was endowed in 1999 through a gift from the J.C. Penney Company Inc. in order to promote, develop and integrate retail education and practice. Today, the center has become a leading source of academic expertise on consumer shopping behavior and the impact of marketing and merchandising decisions on retailer performance. Among its activities, the center fosters cutting-edge retail research, facilitates SMU’s undergraduate Retailing Club to stimulate interest in retail careers and cosponsors a retail speaker series with the Dallas/Fort Worth Retail Executives Association.
William F. Maxwell, Director
Made possible by gifts from EnCap Investments and LCM Group, the EnCap
Investments & LCM Group Alternative Asset Management Center is designed to meet the increasing demand for investment professionals in the growing field of alternative assets, including hedge funds, private equity, venture capital, real estate, and oil and gas. The center offers an alternative assets program for finance majors at the undergraduate level. Undergraduate students interested in alternative asset management apply for admission to the program during their junior year, and complete a course under the direction of the EnCap Investments & LCM Group Alternative Asset Management Center.
Robert A. Lawson, Director
The Bridwell Institute for Economic Freedom was established in 2020 with the generous support of Mr. and Mrs. Tucker Bridwell (BBA ‘73, MBA ‘74). The mission of the Bridwell Institute is to foster the scholarly study and intellectual discussion of the nature, consequences, and causes of economic freedom in our local, state, national, and international communities. More information is available at www.smu.edu/cox/Centers-and-Institutes/Bridwell-Institute.
William F. Maxwell, Director
The Don Jackson Center for Financial Studies provides enrichment programs and research opportunities for students and faculty in the Cox School’s Finance Department. The Center each year designates students as Don Jackson Associates. The Center’s Associates work to mentor and prepare students for internships and full-time employment.
The Cox School of Business offers three undergraduate programs. All Cox classes, unless otherwise noted in the course descriptions, are open only to students in the bachelor of business administration, minor in business administration or minor in business programs. Note: Detailed information regarding SMU’s admission requirements, regulations and procedures is found in the Admission to the University section of this catalog.
All B.B.A. majors and minors enrolled in ITOM 2308 , ITOM 3306 and ACCT 4307 /ITOM 4307 are required to have laptop computers and to bring them to each class session. Windows-based PCs are highly preferred, particularly for finance majors. Note: Students must have Windows AND the current version of Office for Windows installed, and the laptops must be capable of running the latest version of Microsoft Excel.
All instructors have the right and responsibility to set course policy, which should be included in the syllabus. Students are bound by the instructor’s policy regardless of what other instructors or courses may accept and/or require. This policy may include (but is not restricted to) the following alternatives.
Admission to the Cox undergraduate program is made at the time a student is admitted to SMU via the BBA Scholars Program or the Business Direct Program, through the internal transfer process at the conclusion of the student’s first year, or as an external transfer student. Note that admission standards may change in subsequent catalog years; students must consult the catalog for their desired year of entry.
Notes
Admission to the Cox BBA Scholars Program and to the Business Direct Program is by invitation only to students entering SMU directly from high school for the fall term. Neither internal nor external transfer students are considered for admission in either the BBA Scholars Program or the Business Direct Program. Students invited to join either program must accept their invitation no later than the University’s deposit deadline (typically May 1) prior to SMU matriculation in the following fall. Internal and external transfer students may apply through the processes listed below.
Students in the BBA Scholars Program will be admitted to the Cox School at the conclusion of the fall term.
Current SMU students who are not BBA Scholars or Business Direct students may apply for admission to the Cox School at the conclusion of their first year. Applications will be accepted in the spring term for admission the following term. This process is competitive and limited by space availability. Applications will be reviewed by a faculty committee, and decisions will be made after spring term grades are posted. A minimum 3.500 all-college cumulative GPA and completion of a minimum of 24 SMU credits are required to apply. Preference will be given to students who have completed ECO 1311 , ECO 1312 , and MATH 1309 /MATH 1337 . Students admitted to the Cox School as internal transfers will complete BLI 1110 and BLI 1210 in their first year in Cox.
Students wishing to transfer into the Cox School from another institution must first be admitted to SMU through the Office of Undergraduate Admission. Transfer students who are successful in this process and have indicated interest in a major in business on their application will be reviewed for admission to Cox by a faculty admission committee. A minimum 3.500 all-college cumulative GPA and completion of a minimum of 24 credits are required for review; admission decisions will be made on a space available basis. Preference will be given to students who have completed the transferable equivalents of ECO 1311 , ECO 1312 , and MATH 1309 /MATH 1337 . Students admitted to the Cox School as external transfers will complete BLI 1110 and BLI 1210 in their first year at SMU.
SMU students who are NOT pursuing a major in the Cox School may choose the minor in business administration or the minor in business.
The minor in business administration operates concurrently with the B.B.A. degree program and includes seven courses that can apply toward either the B.B.A. degree or the minor in business administration (Minor Requirements section). Students in this minor must meet the same admission requirements as internal and external applicants to the Cox B.B.A. program: completion of a minimum 24 academic credits with a minimum 3.500 all-college cumulative GPA; and preference given to credit for ECO 1311 , ECO 1312 , and MATH 1309 or MATH 1337 .
The minor in business is open to all SMU students who are NOT pursuing a B.B.A. major or the minor in business administration. Students in this minor take specified B.B.A. core courses, which are offered throughout the academic year. Students may declare the minor in business after completing ACCT 2301 .
If a student is readmitted to SMU after an absence of three years or longer, the student will be readmitted under the University catalog in effect at the time of readmission and will be subject to degree and admissions requirements in that current catalog.
A prospective transfer student must present to the Division of Enrollment Services official transcripts containing a full record of all previous college work attempted. Failure to provide full records of all work is grounds for dismissal from the Cox School. To avoid delay, students should forward transcripts to the SMU Division of Enrollment Services no later than July 1 for the fall term and December 1 for the spring term.
In general, transfer credit will be accepted for business major or minor credit only if the courses completed are equivalent in content to those offered at SMU and if the university’s school of business at which the courses were completed is accredited by The Association to Advance Collegiate Schools of Business (AACSB International). In the case of transfer credit completed at a junior/community college, only those courses with equivalents at the first-year and sophomore level at SMU (1000- and 2000-level courses) will be accepted for business major or minor credit.
Prior to matriculation, the Cox School will accept transfer business credit toward the B.B.A. degree from schools accredited by AACSB International regardless of the student’s classification if there are equivalent/appropriate courses at SMU.
Courses completed with a grade of D+ or less or those completed without letter grades (pass/fail or satisfactory/unsatisfactory) will not be transferred for any degree credit. Grades earned elsewhere will be considered for admission purposes and in determining graduation with honors. When evaluating courses taken at other colleges and universities, the Cox School will use the grades designated by the school at which the courses were taken. The Cox School will not recalculate grades earned at schools that use grading systems different from SMU’s.
Students enrolled in the Cox School who are seeking to fulfill any portion of their degree requirements through transfer credit must file a petition for approval of their intentions with the B.B.A. Academic Advising and Records Office prior to enrollment for such courses. With the approval of the appropriate SMU departmental chair, SMU students may complete a maximum of 30 transfer credit hours for degree credit. Students are cautioned to check the current SMU catalog before enrolling in courses at other institutions and to verify transferability with the appropriate offices. Matriculated students must complete all required business courses through enrollment at SMU. Exceptions to this policy require concurrent approval of the associate dean for undergraduate studies, the appropriate department chair, and the director of B.B.A. academic advising and records.
Regardless of the number of acceptable transfer credit hours, at least 60 of the total 120 baccalaureate credit hours must be completed through enrollment at SMU. Of the required business credit hours, a minimum of 30 must be completed through enrollment at SMU or SMU-approved international programs.
Detailed information regarding University-wide policies is provided in this catalog in the Admission and the Enrollment and Academic Records sections.
The Edwin L. Cox School of Business adheres to the Association to Advance Collegiate Schools of Business (AACSB International) standards of accreditation. Students will be awarded the Bachelor of Business Administration degree upon successful completion of the following requirements:
In order to graduate, students must file an application for candidacy to graduate with the B.B.A. Academic Advising and Records Office of the Cox School before the final term of coursework. Students should consult the Official University Calendar for graduation application deadlines.
In addition to requiring students to fulfill all academic requirements, the Cox School may consider any judicial or disciplinary matters before any degree may be conferred. Students must meet all financial obligations to the University in order to receive their diploma and transcript(s).
Participation in May graduation activities is allowed for students who are August graduates provided they are enrolled to complete all graduation requirements during the summer following May graduation activities.
The requirements summarized below must be satisfied to earn the Bachelor of Business Administration degree. In addition to the University-wide requirements, a core of required business fundamental courses has been designed by the faculty of the Cox School as specified below. Each core course must be passed for a student to be eligible for graduation. Generally, Discernment and Discourse, calculus, and economics courses should be completed in the student’s first year; accounting, managerial statistics, business communications and information systems requirements in the sophomore year; finance, legal environment and ethics, marketing, management, and operations management requirements in the junior year; and the business strategy requirement (STRA 5370 or CISB 5397 , also known as capstone courses) in the senior year. Students will be enrolled in BLI 1110 and BLI 1210 in their first year in the Cox School.
Students are responsible for designing their own degree programs with assistance from the Cox academic advisers. Coordination with the Cox Career Management Center is highly advantageous for students who want to align major and course selection with their career aspirations. Close attention should be given to course and knowledge prerequisites as well as course content to maximize the value of each course and to avoid enrolling in a course for which a student has insufficient preparatory background.
Each student’s file, reflecting his or her total academic record, is located in the B.B.A. Academic Advising and Records Office. Transcripts of the student’s official record should be requested from the Office of the Registrar.
The undergraduate program of the Cox School of Business is strongly committed to the academic advising process and believes that advising is effective only if the student actively participates in, and assumes responsibility for, the advising process. Cox academic advisers are available for student appointments. All students admitted to the Cox School are required to complete an online orientation session which includes the B.B.A. Academic Advising and Records Office, the Cox Career Management Center and the Business Library. After the initial orientation, students are expected to consult with a B.B.A. adviser prior to enrollment every term until graduation.
Prior to each advising appointment, students are expected to examine their electronic degree progress report carefully, as it is the student’s responsibility to help assure the eDPR’s accuracy. Students enroll, swap and drop courses on my.SMU. The director of B.B.A. academic advising and records will add a student to a closed class only if the student is a graduating senior and there are no other course options for completing a degree requirement.
Cox faculty members provide assistance in the areas of their professional expertise, offering guidance in selecting and sequencing courses appropriate for meeting specific academic and career goals.
Cox students may take no more than six credit hours of B.B.A. business core courses (out of 33 total credit hours of business core courses) in SMU Abroad programs. Students may take no more than six credit hours of courses required for their business major in SMU Abroad programs. Students may take no more than six credit hours of business courses that do not count for the business core or for the major in SMU Abroad programs.
The Cox Career Management Center fosters the development of lifelong career management skills, providing exposure to various careers and developing skills that will help students secure employment. Students learn career planning, personal brand development, resume and professional correspondence development, and interview and job search skills. Career management fundamentals are taught in the required BLI 1110 /BLI 1210 courses. The career coaches meet with students one-on-one to develop individualized career plans and assist them with their internship or job search. Internships are strongly encouraged and are considered a key component of the undergraduate experience at Cox. SMU’s location in Dallas allows students to pursue local, part-time internships during the academic year as well as global full-time internships during the summer. In addition, the Cox Career Management Center provides opportunities for B.B.A. students to interact with employers at career-related events such as career fairs, workshops, panels and seminars focused on specific industries, professions or companies. Students are encouraged to start this process early and make an appointment with a career coach during the term they are accepted to Cox. Ongoing meetings with career coaches are important for students to continue polishing the professional skill sets necessary for a successful job search.
The BBA Mentoring Alliance is a professional mentoring experience that pairs business undergraduates one-on-one with executives in the Dallas-area business community. The Mentoring Alliance enhances a student’s collegiate experience by providing firsthand insights into the business world while teaching the value of effective networking. Eligibility for the mentoring program requires a declared major in business, junior or senior status, and good academic standing. B.B.A. students on academic probation are not eligible to participate. After acceptance into the program, students are matched with a mentor for an academic year.
The BBA Scholars Program affords numerous special opportunities, including networking with Cox faculty and the Dallas business community, invitations to special events, and tailored academic advising and career services. Participation in this program enhances students’ educational experience and helps develop the skills and connections necessary for professional success.
The Business Direct Program offers admission to the Cox School by invitation only based on students’ high school performance and after completion of the requirements listed in the Admission to the Cox School as a Business Direct Student above.
Business students may pursue directed studies, a research-based project, in a specified department under the sponsorship of a full-time Cox faculty member. This project may involve further study by the student in some aspect not covered in regularly scheduled business courses. B.B.A. students must first complete the basic required course in the field of study. Business elective or free elective credit will be granted to a maximum of six credit hours and cannot be used to fulfill major requirements. Directed studies courses may be taken pass/fail without completion of the business major. Directed studies will be exempted from the maximum credit hour limit. Students on academic probation may not register for directed studies.
Business students may take up to three credit hours of general internship courses for work experience and up to six credit hours in Cox study abroad summer internship programs. With the exception of students in the marketing major, students cannot use the credit hours toward the B.B.A. major or minor requirements. Internships are for pass/fail credit.
B.B.A. students may simultaneously complete additional major(s) and/or minor(s) outside of business. Interested students should contact the B.B.A. Academic Advising and Records Office in the Cox School and the appropriate representative of the dean of the school in which the additional major/minor will be earned.
The Cox School offers eight business majors, a program within one major, a minor in business administration and a minor in business. Declared business majors may also choose to add one of four specializations.
Majors
Specializations
Program (Finance Major)
Alternative Asset Management
All business courses have been approved by the faculty of the Edwin L. Cox School of Business. It should be noted that not all courses described in this catalog are necessarily offered in any given academic year. Students should check published course schedules to see which courses are offered. From time to time, some courses may be changed and new courses added. Students should use caution in selecting courses to avoid repetition of courses previously taken.
In addition to the University-wide requirements, the required credit hours for the B.B.A. degree are distributed as follows:
One from the following:
Note: Management science/business double majors take ITOM 2308 and either STRA 5370 or CISB 5397 ; however, they take OREM 3360 and OREM 3362 instead of ITOM 3306 .
SMU students who are declared business majors may choose to add one of four specializations: energy management , entrepreneurship , real estate , or risk management and insurance . Each specialization consists of four courses (12 hours).
Courses for the specializations will not double count toward the business core or the majors. No courses may be substituted for specialization courses.