Undergraduate Programs - Advanced Information

Overview of Programs

The Department of Economics and Business offers several independent but well integrated programs in economics, accounting, and management. The departmental programs intentionally provide concentrators with a broad education in the liberal arts and humanities. This solid foundation, combined with specific courses in economics, accounting, and business, enables the department to graduate well-rounded, educated persons prepared to take their place in society in almost any area of their choice.

In addition to the completion of other course work required for the various programs, concentrators must pass a comprehensive examination. This examination may be repeated only one time.

The department also offers subconcentrations (economics, accounting, finance, management of human resources) for concentrators in other departments.

Qualified upperclassmen may take 600-level courses with the permission of the instructor and the academic adviser. For these listings, see the School of Arts and Sciences section of the Graduate Studies Announcements.

All students take core courses in Economics, Accounting, Statistics, Management, Finance, and Ethics and the Social Responsibility of Business. Students then take courses in their chosen concentration.

 The various concentrations are:

·          Accounting. This program is designed to prepare students for a career as a professional accountant in private industry, government, and the nonprofit sector, as well as providing the basis for attaining the CPA.

·          Economics. This concentration is designed to provide students with expertise in economic theory and its applications. With advanced courses in microeconomics, macroeconomics, industrial organization, development economics, and public finance, the graduate of this program is well prepared for a professional position in government, the private sector, the nonprofit sector as well as for advanced training in economics.

·          Financial Management. With rigorous courses in investment analysis, options and futures, financial markets, financial statement analysis, and corporate finance, this program is designed to prepare students for careers managing the finances of both profit and non-profit seeking organizations as well as serving the needs of the financial services industry as a securities analyst or broker.

·          International Economics and Finance.  This demanding concentration is designed to provide students with proficiency in economic theory and policymaking as they relate to the workings of the global economy. With courses in open economy macroeconomics, trade theory, international finance, corporate finance, and international corporate finance, the graduate of this program is well prepared for a professional position in government, the private sector, the nonprofit sector as well as for advanced training in either economics or finance.

·          Management.  It is well established that most valuable asset of most firms are the knowledge and initiative of its employees, i.e. the firm’s human resources. With courses in leadership and organization and benefits and compensation, the graduate of this concentration is well prepared to devise and implement strategies that will enable firms to make the best use of these resources.

·          Management of Information Systems.  With required courses in System Analysis and Design and Database Management, this program teaches students to be proficient in the use of state of the art information technologies. Students also learn how to manage information systems so as to so enhance organizational performance.

·          Marketing. Key courses in this program include marketing research, international marketing, and ecommerce.

 

Undergraduate Degree Programs and Curricula

(A)  In general, the department offers all undergraduate programs in the department, with one exception to be discussed in section (B), under the single degree program of:

 

BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION (B.S.B.A)

 B.S.B.A. with concentrations in:

            Accounting
            Economics
            Finance
            International Business
            International Economics and Finance
            Management
            Management Information Systems
            Marketing

The general structure of the recommended B.S.B.A. is described below. 

 

B.S.B.A. REQUIRED CORE:  14 courses (42 credit hours)

Introduction to Financial Accounting
Introduction to Managerial Accounting
Principles of Microeconomics
Principles of Macroeconomics
Managerial Economics  (or Intermediate Microeconomic Theory, where appropriate)
Applied Macroeconomics  (or Intermediate Macroeconomic Theory, where appropriate)
Management Theory and Practice
Principles of Finance
Principles of Marketing
Fundamentals of Business Law
Ethics in Business and Economics
Microcomputer Applications in Business*
Introduction to Statistics I*
Introduction to Statistics II*

*Indicates that these courses will satisfy 3 of the 6 Mathematics/Computer Science requirements on the tracking sheet.

B.S.B.A. CONCENTRATION REQUIREMENTS:  4 courses (12 credit hours)

The courses that will serve as the concentration requirements shall be determined by the cognizant faculties.  Included among these, however, must be a concentration capstone course.

B.S.B.A. CONCENTRATION ELECTIVES:  3 courses (9 credit hours)

The courses, which will serve as the concentration electives, shall be determined by the cognizant faculties

See Attachment B for a sample “tracking sheet” for the B.S.B.A. major.

To serve those undergraduates who desire to be pure majors in economics and because the department is housed in the School of Arts and Sciences, it is proposed that the department offer the degree of:

 

BACHELOR OF ARTS (B.A.) in ECONOMICS

This will be a standard 14-course program structured as follows:

B.A. Economics Core Curriculum (9 courses, 27 credit hours)

Principles of Microeconomics
Principles of Macroeconomics
Introduction to Statistics I
Introduction to Statistics II
Intermediate Microeconomic Theory
Intermediate Macroeconomic Theory
Econometrics
Ethics in Business and Economics                 
Capstone Course

 B.A. Economics Electives (5 courses, 15 credit hours)

 Students will be required to take 5 upper level economics courses of their choosing subject to departmental approval and offerings.

 

(B) Minor in Business & Economics

A student may do only one minor in the Business department

Economics: ECON 101, 102, 241, 242, 323, and one additional ECON course

Accounting: ECON 100, 323; ACCT 305, 410, 411, 509

Management-Finance: ECON 100, 323; ACCT 305; MGT 426, 532, 534

Management: ECON 100; ACCT 305; MGT 423, 510, 530, 564

Management Information Systems: CSC 104, 105; four additoinal courses approved by the Business department

Marketing Managment: ECON 100; ACCT 305; MGT 423, 545, 547, 557

 

NOTES:

• If a student. pursuing minor in any business program and who has already taken ECON100, decides to pursue the full major program, that student must take ECON101 & ECON102 as required by the major and the ECON100 would be accounted as one of the inter-departmental electives.
  
• If a student decides to minor in any business program but has aleady taken ECON101 or ECON102, then that student should not take ECON100 but rather either ECON102 or ECON101.

 

 

 

(C) ATTACHMENT

A Sample “Tracking Sheet” for the B.S.B.A.

 

 

B.S.B.A. Core (11)	Philosophy (3)
1.  Introduction to Financial Accounting	25.  Phil 201
2.  Introduction to Managerial Accounting	26.  Phil 202
3.  Principles of Macroeconomics	27.  ( )
4.  Principles of Microeconomics	Religion (3)
5.  Managerial Economics or Intermediate Microeconomic Theory	28.  Rel 201
6.  Money and Banking or Intermediate Macroeconomic Theory	29.  ( )
7.  Management Theory and Practice	30.  ( )
8.  Principles of Finance	Language (2)
9.  Principles of Marketing	31.  ( )
10.  Fundamentals of Business Law	32.  ( )
11.  Ethics in Business and Economics	Literature (2)
B.S.B.A Concentration Requirements (4)	33.  ( )
12.  ( )	34.  ( )
13.  ( )	Composition Requirement (1)
14.  ( )	35.  ENG 101
15.  Concentration Capstone Course	Humanities (3) (two must be from same area)
B.S.B.A. Concentration Elective (3)	36.  ( )
16.  ( )	37.  ( )
17.  ( )	38.  ( )
18.  ( )	Free Electives (2)
Mathematics/Computer Science (6)	39.  ( )
19.  Introduction to Statistics I*	40.  ( )
20.  Introduction to Statistics II*	Excess Courses
21.  Microcomputer Applications in Business*	41.
22.  MATH 111	42.
23.  ( )	43.
24.  ( )	44.

 

^*These courses are also considered as part of the B.S.B.A. Core as noted in the text.