Maybe you should read the program's description again (emphasis mine):
The Bachelor of Fine Arts in Photography at Sacramento State is aimed at educating students in contemporary photographic methodologies and in the current situation of photography, its use and its communicative effects. The curriculum is designed to give students a broad exposure to not only the technologies, processes, and models of contemporary practice, but also to introduce them to the aesthetic, cultural, and ethical dialogues surround the use and role of photography in our society. The program does not aim to create, specifically, studio artists or commercial practitioners, but to give students the tools to act in a world where such models are concurrent and highly overlap. We wish our students to be adaptable in a changing landscape of photographic practice, and to be successful and responsible in their role shaping how and what images communicate.
Asking students to spend a whole semester taking business and accounting classes is not only absurd, its runs counter to the program's motives — i.e., not create a job for themselves but create a photographic practice that fits their aspirations, sensitivities and desires. To help them find themselves, in other words, which is what education is supposed to do.
Too bad this discussion end it up focussing on this, as there are many really interesting things stated in that description. Photography, as practice, is changing and evolving, and this seems to want to address these changes, with a real open view about them. It leaves the decision to the student, at the end, if he/she wants to be a fine arts photographer, documentary photographer, photo journalist, or commercial practitioner. And nothing prevents any of them of taking a two-week business crash-course after graduation, if they feel they need it.
I studied music at a (tax-payer funded) State University and the last thing I would have wanted was to have to spend time each week learning the wonderful intricacies of Excel formulas. Made a great living without such courses just fine.