Terry Patton, Dean (Dillard College of Business Administration Building 239)
Mission Statement for the Dillard College of Business Administration
At the Dillard College of Business Administration our vision is to be recognized as the center of excellence in business education and service in North Central Texas.
Our Mission is to provide for our students an educational experience that develops the knowledge and competencies needed for professional career entry, mobility, and leadership. For our stakeholders, the Dillard College provides specialized services that contribute to the economic education, development, and vitality of our region.
The University’s liberal arts tradition establishes a strong foundation upon which Dillard College’s commitment to professional, high quality business education is built. Our academic programs reflect this strong commitment to a tradition of excellence. The College’s global reach is illustrated by the cultural, ethnic, and geographic diversity of its students and faculty. This diverse environment fosters the multicultural perspectives critical to success in the dynamic global marketplace.
The culture of Dillard College is characterized by meaningful interaction between students and faculty amid continuous improvement in teaching excellence. Faculty research in applied, pedagogical, and basic traditions further strengthens the educational experience.
Students pursuing a B.B.A. degree may opt to major in up to two of the following business disciplines: accounting, economics, finance, general business, management, management information systems, or marketing. Each major will require at least twenty-four additional semester hours of coursework beyond: the general requirements, the academic foundation and core curriculum requirements, the business core requirements, and the professional business core requirements common to all B.B.A. degrees. In completing these major-specific requirements for both majors, students may find that their two chosen majors have some major-specific courses in common. If so, up to six hours of common, major specific coursework may be double-counted towards both majors. Students seeking a B.B.A. degree with a double major cannot have a minor in any other discipline inside of the Dillard College of Business Administration.
All transfer credit intended to satisfy degree requirements will be evaluated and acceptance determined by Midwestern State University. Business courses (including accounting, finance, marketing, management, business law, and information systems) taken at junior or community colleges that are offered at Midwestern State University as upper division courses (3000 or above) are not normally accepted as credit toward degree requirements for the B.B.A.
Suggested Minor in International Studies
In our increasingly global environment, students must be prepared for careers that transcend local, regional, and national boundaries. Students have the opportunity to expand their global perspective both within the curriculum of the Dillard College of Business Administration and by selecting a minor in International Studies . A minor in International Studies can provide the diversity that leads to a successful career in the ever-expanding global economy. This interdisciplinary minor develops global perspective and understanding of across cultures while offering specialization in advanced studies in global perspectives.
Major with Minor
Pursuing both a major and minor within the Dillard College of Business Administration: Students pursuing a B.B.A. degree and wanting to obtain a minor in a different business discipline may opt to minor in accounting, economics, entrepreneurship, or management information systems. Students seeking a B.B.A. degree are not permitted to minor in business administration. To obtain the minor, students must fulfill coursework specified in the catalog of their chosen minor. Students seeking both a major and a minor within the Dillard College of Business Administration may not use their business core courses, their professional business core courses, or their major-specific courses to satisfy any portion of the coursework required for the minor.
Academic Advising Center
The Academic Advising Center of the Dillard College of Business Administration provides academic advising and degree planning for the first- and second-year students majoring in the business disciplines. The professional advising staff helps students achieve their academic goals. This individualized attention includes academic programs and majors, course selection, and schedules. Students work with the professional advising staff until they successfully complete the business core and other university requirements. The Dillard College of Business is committed to personalized and high quality advising ensuring that students receive optimum support in obtaining an excellent education and superior job opportunities.
The Dillard College of Business Academic Internship Program provides undergraduate and graduate students the outstanding opportunity to experience their chosen career field while enrolled in their academic program. The program helps students apply their scholarship knowledge, gain relevant business experiences, build their professional resumes, and develop important professional networks.
Students may apply for internships with businesses representing a wide array of industries. Students work with a practitioner in a firm in which they have been accepted. A faculty sponsor, the professional in the firm, and the student collaborate on goals so that the internship will integrate theory with the experiences of the real world. Upon the satisfactory completion of an internship, students receive three hours of college credit.
Students who are juniors and seniors with a GPA of 2.5 or higher are eligible to participate in the internship program. Graduate students who have a GPA of 3.0 or higher are also eligible to participate in the internship program. Students are required to spend a minimum of 150 hours on the job.
Information and application instructions can be obtained from the Coordinator of the Academic Internship Program located in the Advising Center in the Dillard College of Business Administration.
Dillard College Centers
**CATALOG CHANGE** Effective Fall 2015, various editorial changes, additions, and name changes made to the Centers.
America’s SBDC at MSU
Vanda Cullar, ABPA
America’s SBDC at MSU provides business consulting, training, and research to all businesses. Clients include those already in business, those who want to start a new venture, as well as providing business exit and succession planning. The Center provides one-on-one counseling, special seminars, and workshops. Assistance in international trade, government contracting, and on-site assessment for manufacturing and training is also available.
Bureau of Business and Government Research
Pablo Garcia-Fuentes, Ph.D.
The Bureau of Business and Government Research is an integral part of the Dillard College of Business Administration and Midwestern State University. The mission of the Bureau of Business and Government Research is
- to provide assistance in research conducted by the faculty and students in the University; and
- to conduct and encourage research related to economic development and the local community.
The Bureau of Business and Government Research at Midwestern State University is a member of the nationwide Association for University Business and Economic Research. The Bureau of Business and Government Research publishes the Midwestern Business and Economic Review twice yearly.
Dillard Center for Energy Management
Jeffrey E. Stambaugh, Ph.D.
The Dillard Center for Energy Management was established by the Dillard family to educate the next generation of energy leaders at Midwestern State University and serve the regional community. The oil and gas industry has a long legacy in this region and continues to be one of its major economic engines. By developing graduates with the business knowledge, skills, and competences needed to enter the exploration, production, and acquisition areas of the oil and gas industry, the Center supports students’ entry into a dynamic career and provides firms with the talent needed to sustain their vitality. The initial thrust for the Center is to develop and implement an Energy Management curriculum for an MBA concentration. Undergraduate initiatives should follow the graduate programs. The Center can also serve as a catalyst for public education programs and continuing professional education offerings. Based in the heart of oil country, the Center has ready access to practicing experts and ongoing exploration and production activities.
The Mamie Raborn Center for Economic Education
James Owen, Ph.D.
The Mamie Raborn Center for Economic Education was established in 1982 to increase the economic understanding of the University community and the citizens of the North Texas area. The Center provides economic education materials, disperses information concerning economic issues, and serves as a point of contact for members of the media and community having questions about economic issues.
The Munir Abdul Lalani Center for Entrepreneurship and Free Enterprise
Scott C. Manley, Ph.D.
The Munir Abdul Lalani Center for Entrepreneurship and Free Enterprise was established by the family of Munir Lalani to support entrepreneurial ventures, creativity, innovation, and curriculum for students at Midwestern State University. The Lalani Center works with individual students as well as members of the North Texas community in support of new business start-ups and other entrepreneurial activities, business incubators, and partnerships with the Chamber of Commerce and Industry in the Wichita Falls region. The Lalani Center joins with the Small Business Development Center at MSU as the primary partners in the IdeaWF and IdeaMSU community and student business plan competitions. The Lalani Center also works with other MSU and Dillard College of Business Administration faculty to develop curriculum in entrepreneurship that encourages and supports successful student innovation and economic development. The business incubator program helps accelerate new business ventures, assists in business plan development, venture capital development, and participation in national student competitions. The Lalani Center also coordinates the Texoma Angel Investor Network.
**CATALOG CHANGE** Effective Fall 2015, various editorial changes, additions, and name changes made to the Professorships.
Bridwell Distinguished Professorship of Finance
The Bridwell Distinguished Professorship of Finance was established in 1990 by the Bridwell Foundation to bring outstanding scholarship to Midwestern State University. The professor holding this position is recognized in the finance profession for his academic achievements.
Dr. Adam Y.C. Lei, CFA, is the Bridwell Distinguished Professor of Finance. Dr. Lei has taught at Louisiana State University prior to joining Midwestern State University in 2005. He received his Ph.D. and M.S. degrees in finance from Louisiana State University, M.B.A. degree from National Chung Cheng University, and bachelor’s degree in industrial management from National Cheng Kung University. He also holds the Chartered Financial Analyst (CFA) designation since 2009. Dr. Lei’s research has been published in academic journals including the Journal of Banking and Finance, Managerial Finance, Financial Services Review, and the Journal of Economics and Finance Education. Prior to his academic career, Dr. Lei served as an officer in the Republic of China Military Police.
Dillard Distinguished Professorship of Energy Management
The Dillard Distinguished Professorship of Energy Management was established in 2014 by the Dillard family to support the energy management activities in the Dillard College and the region.
Dr. Jeffrey E. Stambaugh, the Dillard Distinguished Professor of Energy Management, is a retired USAF Colonel with 24 years of service as a fighter pilot and commander. He also served at the Pentagon and on international staffs in Japan and Germany. A 1981 graduate of the USAF Academy, he was a Fellow at the Weatherhead Center for International Affairs at Harvard University in 2000. Dr. Stambaugh earned a Ph.D. in Management (business strategy and entrepreneurship) from Texas Tech University in 2008. He directed the Munir Abdul Lalani Center for Entrepreneurship and Free Enterprise in the Dillard College of Business Administration from 2008 to 2015 before becoming the Director for the Dillard Center for Energy Management.
Dillard Distinguished Professorship of Finance
The Dillard Distinguished Professorship of Finance was established in 2010 to honor Ms. Kay Dillard, a primary benefactor of the Dillard College of Business Administration. The professor holding this position is recognized nationally in the finance profession for his outstanding contributions to the finance field.
Dr. Robert C. Forrester has been named the first Dillard Distinguished Professor of Finance. He received his BBA and MBA from Midwestern State University and his doctorate in finance from Kennesaw State University. Prior to entering academia, he has work experience with Reynolds Aluminum and is currently the owner of several successful companies in the North Texas area, as well as the recipient of the BBB Torch Award for honesty and integrity in business. In his first year of teaching, the MSU Student Government Association selected Robert as the Midwestern State University Professor of the Year. He was selected as the MSU Dillard College of Business Outstanding Alumni of the Year in 2010. In addition, the Dillard College of Business faculty chose Robert for their 2010-2011 Faculty of the Year award. Robert was the Dillard College of Business Executive-in-Residence from 2010-2014. He has served as the President of the Red River Best Chevy Dealers Association, past board member of the Clay County Memorial Hospital, past chair of the Clay County Hospital Foundation, co-chair of the Business Advisory Board of Midwestern State University Dillard College of Business Outreach Committee, and served on the MSU AACSB Strategic Planning Committee as well as many other boards and committees.
Dillard Distinguished Professorship of Marketing
The Dillard Distinguished Professorship of Marketing was established in 2010 to honor Ms. Kay Dillard, a primary benefactor of the Dillard College of Business Administration. The professor holding this position is recognized nationally in the marketing profession for his outstanding contributions to the marketing field.
Alan Dubinsky (Ph.D., University of Minnesota) has been named the first Dillard Distinguished Professor of Marketing. He has taught at several universities, including Purdue University, SMU, University of Missouri, and University of Kentucky. Prior to entering academia, he was a territory manager for Burroughs Corporation (now Unisys). His research has appeared in the Journal of Marketing, Journal of Marketing Research, Journal of Applied Psychology, Personnel Psychology, Academy of Management Journal, Leadership Quarterly, and Sloan Management Review, among others, and he is the author of four books. He is a former editor of the Journal of Personal Selling and Sales Management and a recipient of the Annual Excellence in Research Award from the American Marketing Association Selling and Sales Management Special Interest Group.
Louis J. and Ramona Rodriguez Distinguished Professorship
The Louis J. and Ramona Rodriguez Distinguished Professorship was established in 2003 to honor President Emeritus Louis J. and Ramona Rodriguez.
Susan B. Anders, Ph.D., CPA, CGMA, the Louis J. and Ramona Rodriguez Distinguished Professor Accounting, came to Midwestern State University in 2015 from St. Bonaventure University where she was a Professor of Accounting and former chair of the Accounting Department. Dr. Anders authors a regular monthly column and serves on the editorial board for The CPA Journal. Since earning her Ph.D. in tax accounting at Texas Tech University, Dr. Anders has published numerous articles in peer-reviewed journals on tax and education issues. She has been a Volunteer Income Tax Assistance (VITA) volunteer since 2003, and has been recognized for establishing best practices for VITA programs. Dr. Anders is a certified public accountant in Texas and New York State. Prior to entering academia, Dr. Anders worked in public accounting, and her last position was as a tax manager with Deloitte & Touche.
Munir A. Lalani Distinguished Professorship of Entrepreneurship
The Munir A. Lalani Distinguished Professor of Entrepreneurship was established in 2008 by the family of Munir Lalani to support entrepreneurial activities in the Dillard College and region. The professor holding this position is recognized nationally for his outstanding contributions to entrepreneurship and small business.
Before joining academia in 2011, Dr. Scott C. Manley, the Munir A. Lalani Distinguished Professor of Entrepreneurship, served as a consultant with America’s Small Business Development Center (SBDC) Network for twelve years. Dr. Manley received his BBA and MBA from Valdosta State University, and recently completed his DBA from Kennesaw State University. In 2005, he received the “Extra Mile Award” from the Georgia SBDC Network and was further recognized in 2006 with the ASBDC “Distinguished Service Award” for his service to the residents of the Mississippi Gulf Coast in the wake of Hurricane Katrina. He was also recognized nationally as Georgia’s “Consultant of the Year” in 2008, received the national associate’s “State Star” award for Georgia in 2009, and was recognized for Georgia’s “Best Continuing Education Program” in 2010. Dr. Manley also serves as the Director of the Munir Abdul Lalani Center for Entrepreneurship and Free Enterprise in the Dillard College of Business Administration. His primary research interests are in the antecedents of entrepreneurs’ varying propensity to seek assistance from entrepreneurship centers as well as the relationship between stakeholder orientation and firm financial performance. Dr. Manley is a member of the Academy of Management, Southern Management Association, and the United States Association for Small Business and Entrepreneurship.
Robert Madera Distinguished Professorship of Accounting
The Robert Madera Distinguished Professorship of Accounting was established in 2005 in recognition of the long-time service of Professor Emeritus, Robert Madera. The generosity of alumni of the Dillard College of Business Administration has made this professorship possible.
Terry Patton, Ph.D., CPA, CGFM, is the Robert Madera Distinguished Professor of Accounting and the Dean of the Dillard College of Business Administration at Midwestern State University. He is the author of numerous articles on governmental accounting and coauthor of a textbook, Introduction to Governmental and Not-for-Profit Accounting, 7th edition, published by Prentice Hall. He also was co-author on PPC’s Guide to Governmental Financial Reporting Model: Implementing GASBS No. 34. Previously, Dr. Patton was the Research Manager at the Governmental Accounting Standards Board (GASB). In his eight years at the GASB, he was part of the project team on numerous GASB Standards including major projects such as GASB Statement No. 34, Basic Financial Statements-and Management’s Discussion and Analysis-for State and Local Governments and GASB Statement No. 45, Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions. Dr. Patton also has been an Assistant Professor of Accounting at the University of Wisconsin-Oshkosh and a supervisor at a Texas CPA firm where he conducted audits of local governments. Dr. Patton received his doctorate in accounting from Texas Tech University. He is a member of the American Accounting Association and the American Institute of Certified Public Accountants.
Sam Rugeley Distinguished Professorship of Energy Accounting
The Sam Rugeley Distinguished Professorship of Energy Accounting was established in 2014 by the Dillard family to support the energy education activities in the Dillard College and the region. It also honors Mrs. Kay Dillard’s father, Mr. Sam Rugeley, who was an accountant.
Ronald Young, Ph.D., CPA, is the first Sam Rugeley Distinguished Professor of Energy Accounting. Prior to joining the faculty in the Dillard College of Business Administration at Midwestern State University, Dr. Young had extensive experience in oil and gas accounting. He worked in public accounting and for Mobil Oil Corporation, Gulf Oil Corporation, and Chevron, Inc. working in or managing various accounting groups, including internal auditing, joint interest accounting, internal control, production accounting, financial accounting, and AFE and Budget. Dr. Young earned a Ph.D. in Accounting from Texas Tech University. He spent over 20 years as a faculty member at the University of New Orleans. While there he stayed active with the energy sector through his involvement as a member, officer, and board member of the Council of Petroleum Accountants Society (COPAS) of New Orleans and by putting on an annual eight-hour CPE program. Dr. Young is a member of the American Institute of Certified Public Accountants and the Wichita Falls Chapter of COPAS. He is the author of many accounting academic and practitioner journal articles, several of which are related to accounting in the energy sector.
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