B.S. in Industrial Engineering and B.S.B.A. in Finance Dual Degree

Overview

The Department of Industrial and Systems Engineering and the Department of Finance offers a dual-degree program that culminates with students receiving both Bachelor of Science in Industrial Engineering (BSIE) and a Bachelor of Science in Business Administration with a Major in Finance (BSBA in Finance) concurrently.

Industrial and Systems Engineering combines science and technical knowledge with human sciences to design, plan, and analyze systems that involve people, materials, money, energy, equipment, and other resources. Industrial engineers work with personnel in research and development, accounting, engineers in other disciplines, maintenance, human resources, and production to increase organizational productivity, improve quality, reduce health care costs, conserve energy, develop public transportation systems, and improve industrial safety conditions. Industrial and Systems engineering distinguishes itself from other engineering professions because it has applications in manufacturing, service, commercial, and governmental activities. It is the major branch of engineering concerned not only with technology, but with people, making industrial engineers a prime source of management talent.

The Finance major of the Bachelor of Science in Business Administration (BSBA) degree prepares students for careers in Finance.  The dual degree will prepare students to uniquely pursue careers in Management Consulting, Financial Engineering, Systems Engineering and Financial Systems.  The degree uniquely prepares the student to navigate highly technical areas and industries with a solid business core.

Students are required to satisfy all the requirements of the College of Engineering BSIE degree and all of the requirements of the Herbert School of Business for the BSBA in Finance degree. 

Advanced Writing and Communication Skills:   The dual degree program will satisfy the University’s Advance Writing and Communication Skills within the two degrees.  For the Industrial and Systems Engineering degree, the Advanced Writing and Communication Skills requirement is satisfied by completing a set of classroom courses, laboratory courses and design courses where they learn effective oral, graphical and technical writing skills. Industrial Engineering students acquire Advanced Writing and Communication skills in the following core courses:

• ISE 201 Work Design Systems
• ISE 363 Project Management for Engineers
• ISE 380 Engineering Economic Analysis
• ISE 493
• ISE 494 Senior Design Project
• ISE 512 Quality Management Systems
• ISE 547 Simulation Modeling and Systems Analysis
• ISE 557 Ergonomics and Human Factors Engineering
• ISE 568 Facilities Planning and Logistics

For the Finance degree, the advanced writing and Communications Skills requirement is satisfied by completing the following core courses:

• BSL 212 
• BUS 300

Admission Requirements

Incoming first year students must meet the requirements of the College of Engineering and the Herbert School of Business admission requirements.  Students will apply either to the College of Engineering or the Herbert School of Business.  Once they have completed their first semester with a GPA of 3.0 and MTH 161 (or equivalent) with a B or more, they will be officially admitted into the Dual Degree Program.  Current students wanting to transfer into the program with less than 30 credits need to have a 3.0 GPA and have completed Calculus 1 with an A or B.  Students with more than 30 credits need to have a 3.0 GPA and have completed Calculus 1 and 2.

Students need to be aware the program is over 150 credits and entails a rigorous curriculum.  Students who come in with credits (either AP or Dual Enrollment) will be able to finish the dual degree in 4-years.  Students who do no have credits may need to do the program over 5-years.  All students should consult with Financial Aid to understand the financial implications of choosing a 4 or 5-year plan.

Curriculum Requirements

¹

People and Society (PS) cognate - To be selected from the Cognate Search Engine. Minimum of 3 courses (9 Credit hours)

²

To be selected from the Cognate Search Engine, Arts and Humanities (AH) (or applicable cognates). Students take a minimum of 3 courses (9 credit hours)

³

Students who do not earn at least a C- in WRS 107 must either repeat WRS 107  and earn at least a C- or complete WRS 230 with at least a C- before enrolling in BUS 300.

⁴

 In order to pursue a Finance area of specialization, a student must earn a grade of "B" (grade point of 3.0) or higher in FIN 302 (note that a grade of "B-" does not qualify), and must have a minimum cumulative University of Miami GPA of 2.5 before enrolling in FIN 303 or FIN 320.

⁵

All specific coursework for the major area of specialization in Finance must be completed with a grade of "C-" or higher (except for the minimum "B" grade required for FIN 302, as noted).  A minimum cumulative GPA of 2.5 is required for all specific coursework taken in the major area of specialization.

⁶

Students are strongly encouraged to take FIN 303 and FIN 320 during the same semester

⁷

Select one courses (3 credit hours) at the 300-500 level from the Finance departmental offerings. Excluding FIN 300, FIN 308, and FIN 236

⁸

Select two courses (6 credit hours) at the 400 or 500 level from the Finance departmental offerings.

⁹

If a student leaves the dual degree program and has taken ACC 223, the ACC 223 will only satisfy the requirement for ACC 211.

Plan of Study: 4 Years

¹

People and Society (PS) cognate - To be selected from the Cognate Search Engine. Minimum of 3 courses (9 Credit hours).

²

To be selected from the Cognate Search Engine, Arts & Humanities (AH) (or applicable cognates). Students take a minimum of 3 courses (9 credit hours)

³

Students who do not earn at least a C- in WRS 107 must either repeat WRS 107  and earn at least a C- or complete WRS 230 with at least a C- before enrolling in BUS 300.

⁴

 In order to pursue a Finance area of specialization, a student must earn a grade of "B" (grade point of 3.0) or higher in FIN 302 (note that a grade of "B-" does not qualify), and must have a minimum cumulative University of Miami GPA of 2.5 before enrolling in FIN 303 or FIN 320.

⁵

All specific coursework for the major area of specialization in Finance must be completed with a grade of "C-" or higher (except for the minimum "B" grade required for FIN 302, as noted).  A minimum cumulative GPA of 2.5 is required for all specific coursework taken in the major area of specialization.

⁶

Students are strongly encouraged to take FIN 303 and FIN 320 during the same semester

⁷

Select one courses (3 credit hours) at the 300-500 level from the Finance departmental offerings. Excluding FIN 300, FIN 308, and FIN 236

⁸

Select two courses (6 credit hours) at the 400 or 500 level from the Finance departmental offerings.

⁹

If a student leaves the dual degree program and has taken ACC 223, the ACC 223 will only satisfy the requirement for ACC 211.

Plan of Study: 5 Years

¹

People and Society (PS) cognate to be selected from the Cognate Search Engine - (9 credit hours)

²

To be selected from the Cognate Search Engine, Arts & Humanities (AH) (or applicable cognates). Students take a minimum of 3 courses (9 credit hours) in AH cognate.

³

Students who do not earn at least a C- in WRS 107 must either repeat WRS 107  and earn at least a C- or complete WRS 230 with at least a C- before enrolling in BUS 300

⁴

In order to pursue a Finance area of specialization, a student must earn a grade of "B" (grade point of 3.0) or higher in FIN 302 (note that a grade of "B-" does not qualify), and must have a minimum cumulative University of Miami GPA of 2.5 before enrolling in FIN 303 or FIN 320.

⁵

All specific coursework for the major area of specialization in Finance must be completed with a grade of "C-" or higher (except for the minimum "B" grade required for FIN 302, as noted).  A minimum cumulative GPA of 2.5 is required for all specific coursework taken in the major area of specialization.

⁶

Students are strongly encouraged to take FIN 303 and FIN 320 during the same semester.

⁷

Select one courses (3 credit hours) at the 300-500 level from the Finance departmental offerings. Excluding FIN 300, FIN 308, and FIN 236.

⁸

Select two courses (6 credit hours) at the 400 or 500 level from the Finance departmental offerings.

⁹

If a student leaves the dual degree program and has taken ACC 223, the ACC 223 will only satisfy the requirement for ACC 211.