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Requirements

Note: In general, students may not select both a major and a minor (or two majors) from the Department of Economics, Finance and Management, as the faculty of the Department wishes to ensure that our students possess real breadth in their studies. In some circumstances, an exception to this rule may be granted. A student wishing this exception, and who also plans a minor or major in another department, should petition the Chair of the Economics, Finance and Management Department. Please note that courses may not be double-counted by students who are allowed to do a major and minor (or two majors) within the Department. This double-counting can be avoided by taking additional electives.

Accounting Major Requirements

The accounting major requires completion of fifteen (15) required 3-credit courses for a total of 45 credit hours.  Ten of these courses are in accounting and five are in non-accounting business related courses.

Required courses

  • MGT 1002/ACC 1002*: Fundamentals of Accounting I**
  • MGT 1008/ACC 1008*: Fundamentals of Accounting II**
  • MGT 2035/ACC 2035*: Intermediate Accounting I**
  • MGT 2036/ACC 2036*: Intermediate Accounting II**
  • MGT 2037/ACC 2037*: Fundamentals of Taxation**
  • MGT 3019/ACC 3019*: Cost Accounting**
  • MGT 3024/ACC 3024*: Auditing**
  • MGT 3081/ACC 3081*: Advanced Auditing**
  • MGT 3083/ACC 3083*: Advanced Taxation**
  • MGT 3092/ACC 3092*: Advanced Accounting (CAPSTONE)**
  • ECO 1011: Principles of Macroeconomics
  • ECO 2018: Corporation Finance
  • POS 2014: Practical Approach to Business Law
  • POS 2090: Law and Business Ethics
  • ECO 2060: Economic & Business Statistics

Accounting Minor Requirements

Five courses are required as follows:

  • MGT 1002/ACC 1002*: Fundamentals of Accounting I
  • MGT 1008/ACC 1008*: Fundamentals of Accounting II
  • MGT 2035/ACC 2035*: Intermediate Accounting I      
  • MGT 2036/ACC 2036*: Intermediate Accounting II

Plus one of  the following:

  • MGT 2037/ACC 2037*: Fundamentals of Taxation
  • MGT 3019/ACC 3019*: Cost Accounting
  • MGT 3024/ACC 3024*: Auditing

Economics Major Requirements

The economics major consists of 13 courses: 7 are required and 6 are elective.

Required Courses

  • ECO 1011: Principles of Macroeconomics
  • ECO 1012: Principles of Microeconomics
  • ECO 2060: Economic and Business Statistics
  • ECO 3001: Intermediate Macroeconomic Theory
  • ECO 3002: Intermediate Microeconomic Theory
  • ECO 3008: Applied Econometrics
  • ECO 3997: Senior Seminar

Elective Courses
All electives must have the ECO code.

Senior Seminar
The seminar, offered only during the fall semester, requires research and the use of economic analysis.  Research findings and conclusions will be presented in a senior thesis and discussed in a seminar format.  A grade of C- is the minimum standard for a successful senior evaluation. 

Honors
To achieve department honors, a student must obtain a 3.5 average or better in courses taken in the department, a grade of B+ or higher in the senior seminar, and a very strong academic record overall.

Economics Minor Requirements

A Minor requires the completion of ECO 1011 and ECO 1012 plus any three other economics courses.  Internships do not count in fulfilling minor requirements. Students who are not economics majors but wish to enroll in economics courses should note that the introductory sequence is a prerequisite for almost all electives.

Note: a student who majors in economics, finance, or business management must select a minor offered by another department at the college.

Internship in Economics
Prerequisites: ECO 1011 and ECO 1012, ECO 3002 and at least one other economics course.  No more than one internship will count in fulfillment of the major requirements.

Independent Study in Economics
Prerequisites: ECO 1011 and ECO 1012 and an overall G.P.A. of 3.00.

ECONOMIC POLICY CONCENTRATION FOR THE ECONOMICS MAJOR

Economics majors may choose to concentrate in economic policy taking 13 courses, 7 required and 6 elective.

Required courses:

  • ECO 1011 Principles of Macroeconomics
  • ECO 1012 Principles of Microeconomics
  • ECO 2060 Economic and Business Statistics
  • ECO 3001 Intermediate Macroeconomics
  • ECO 3002 Intermediate Microeconomics
  • ECO 3008 Applied Econometrics
  • ECO 3997 Senior Seminar in Economics

Elective Courses:
The six electives must include at least four of the following:

  • ECO 2009 Public Finance and Public Policy
  • ECO 2017 Economics and Finance of Health Care Policy
  • ECO 2022 Government and Industry
  • ECO 3016 International Trade
  • ECO 3020 Seminar in Money and Banking or ECO 2015 Money and Banking
  • ECO 3075 Seminar in Contemporary Economic Issues

In addition, students who choose the economic policy concentration will be required to write a research paper on some selected economic policy topic in the senior seminar in economics.  This economic policy topic must be approved by the senior seminar instructor.

Economic Policy Minor Requirements

Economic policy minors are required to take ECO 1011 Principles of Economics I (introduction to macroeconomics) and ECO 1012 Principles of Economics II (introduction to microeconomics) and any three electives from the following list:

  • ECO 2009 Public Finance and Public Policy
  • ECO 2017 Economics and Finance of Health Care Policy
  • ECO 2022 Government and Industry
  • ECO 3016 International Trade
  • ECO 3020 Seminar in Money and Banking or ECO 2015 Money and Banking
  • ECO 3075 Seminar in Contemporary Economic Issues


Finance Major Requirements

A major in finance requires 15 courses, 12 required and three elective.

Required Courses:

  • MGT 1002/ACC 1002*: Fundamentals of Accounting I**
  • MGT 1008/ACC 1008*: Fundamentals of Accounting II**
  • ECO 1011: Principles of Macroeconomics
  • ECO 1012: Principles of Microeconomics
  • ECO 2060: Economic and Business Statistics
  • ECO 3001: Intermediate Macroeconomic Theory
  • ECO 3002: Intermediate Microeconomic Theory
  • MGT 1007: Computer Concepts with Business Applications**
  • ECO 3020: Seminar in Money and Banking or ECO 2015 Money and Banking
  • ECO 2018: Corporation Finance
  • ECO 3017: Global Finance
  • ECO 3997: Senior Seminar

Note: MGT 1007 is waived for students who take computer science as a minor area of study

Elective Courses:

  • ECO 2003: Investment Analysis
  • ECO 2004: Derivative Securities
  • ECO 2005: Personal Finance
  • ECO 2009: Public Finance and Public Policy
  • ECO 2016: Financial Markets
  • ECO 2017: Economics and Finance of Health Care Policy
  • ECO 2025: American Economic History or ECO 3075 Seminar in Contemporary Economic Issues
  • ECO 2026: Advanced Financial Functions of MS Office
  • ECO 3008: Applied Econometrics
  • ECO 4497: Internship

Internship in Finance
Prerequisites: Principles of Macroeconomics and Principles of Microeconomics, Money and Banking (or Seminar in Money and Banking), Economic and Business Statistics and Corporation Finance.  No more than one internship will count toward major requirements.

Senior Seminar
The seminar, required of all finance majors, is offered only during the fall semester, and requires research and use of economic analysis.  Research findings and conclusions will be presented in a senior thesis and discussed in a seminar format.  A grade of C- is the minimum standard for a successful senior evaluation.  Finance Minor Requirements

Finance Minor Requirements

A Minor requires the completion of the following six courses:

  • ECO 1011: Principles of Macroeconomics
  • ECO 1012: Principles of Microeconomics
  • MGT 1002/ACC 1002*: Fundamentals of Accounting I**
  • ECO 2060: Economic & Business Statistics
  • ECO 3020: Seminar in Money and Banking or ECO 2015 Money and Banking
  • ECO 2018: Corporation Finance

Note: a student who majors in economics, finance, or business management must select a minor offered by another department at the College.

Certificate in Finance
(For Non-Matriculated Students Only)
The certificate program is designed for the individual who would like to pursue a career as a financial analyst or improve his or her skills at financial analysis.  The program links a strong theoretical base with problem-solving techniques, enabling the student to apply his or her newly acquired knowledge.

Acceptance: In order to realize the program's objectives, a student may be accepted only after he or she has demonstrated a basic knowledge of economics.  This requirement may be satisfied through the completion of course work (ECO 1011 and ECO 1012), taking a test to demonstrate competence or previous experience.  (Fulfilling the requirement through previous experience requires the approval of the chair of the department.) Granting of the Certificate: To be awarded the certificate in finance, the student must complete five required courses and one elective.  An average of C+ must be maintained.  No course with a grade of C- or lower will be accepted towards the certificate.

Required Courses:

  • MGT 1002/ACC 1002*: Fundamentals of Accounting I**
  • ECO 2060: Economic & Business Statistics
  • ECO 3020 Seminar in Money and Banking or ECO 2015 Money and Banking
  • ECO 2018: Corporation Finance
  • ECO 2003: Investment Analysis

Elective Courses:

  • ECO 2005: Personal Finance
  • ECO 2009: Public Finance and Public Policy
  • ECO 2016: Financial Markets
  • ECO 3008: Applied Econometrics
  • ECO 3017: Global Finance
  • MGT 1008/ACC 1008*: Fundamentals of Accounting II**

Upon completion of the certificate in Finance, students will have studied and applied many of the most important financial concepts in business today. This will provide students the foundation on which to build a successful career in finance.

Business Management Major Requirements for the B.A. & B.S. Degree

All business management majors are required to take the following nine courses:

Required Courses:

  • MGT 1001: Fundamentals of Management**
  • MGT 1003: Introduction to Marketing**
  • MGT 1002/ACC 1002*: Fundamentals of Accounting I**
  • MGT 1008/ACC 1008*: Fundamentals of Accounting II**
  • MGT 1007: Computer Concepts with Business Applications**
  • ECO 1011: Principles of Macroeconomics
  • ECO 1012: Principles of Microeconomics
  • ECO 2060: Economic & Business Statistics
  • MGT 3090: Capstone Seminar** OR ECO 3997: Senior Seminar
    (ECO 3997 must be taken for departmental honors). Students may take both ECO 3997 and MGT 3090 and one will count as an elective.

The computer course requirement is waived for students who take computer science as a Minor.

Elective Courses:
In addition to the management-designated courses (coded MGT), a student may take any economics or finance course as an elective (any course coded ECO), except for ECO 3997.

Senior Seminar
The seminar is offered only during the fall semester.  Students undertake research on a topic approved by the instructor and use management tools and techniques to reach conclusions.  The results of the research project are presented in a senior thesis and discussed in a seminar format.  A grade of C- is the minimum standard for a successful senior evaluation. 

Business Management Minor Requirements

Six courses are required, as follows:

  • ECO 1011: Principles of Macroeconomics
  • ECO 1012: Principles of Microeconomics
  • MGT 1001: Fundamentals of Management**
  • MGT 1002/ACC 1002*: Fundamentals of Accounting I**
  • Two electives, which may be from business management, economics or finance. 

Internship in Business Management
Completion of all required 1000 level courses is a prerequisite for an internship.  No more than one internship can count toward major requirements, though the college allows students to take as many as nine credits of internships in fulfilling a degree.

Independent Study in Business Management
Prerequisite: a minimum overall G.P.A. of 3.00 plus completion of Fundamentals of Management, Introduction to Marketing and Fundamentals of Accounting I and II.

Concentrations within the Business Management Major
Although not a requirement, a Business Management major may choose to concentrate in one of the following areas: accounting; human resource management; international management; or marketing. 

Concentration in Accounting
Completion of the nine required courses for the business management major and the completion of:

  • MGT 2035/ACC 2035*: Intermediate Accounting I**
  • MGT 2036/ACC 2036*: Intermediate Accounting II**

Plus one of the following:

  • MGT 2037/ACC 2037*: Fundamentals of Taxation**
  • MGT 3019/ACC 3019*: Cost Accounting**
  • MGT 3024/ACC 3024*: Auditing**

Concentration in Marketing
Completion of the nine required courses for the business management major and the completion of any three of the following:

  • MGT 2006: International Marketing**
  • MGT 2013: Integrated Marketing Communications**
  • MGT 2017: Internet Marketing**
  • MGT 2024: Consumer Behavior**

Concentration in Human Resource Management
Completion of the nine required courses for the business management major and the completion of:

  • MGT 1005: Management of Human Resources**

Plus any three of the following:

  • MGT 1006: General HR Employment Practices**
  • MGT 2007: International Management**
  • MGT 2021: Compensation and Benefits**
  • MGT 2027: Management of Workforce Diversity**

Concentration in International Management
Completion of the nine required courses for the business management major and the completion of:
Two of the following:

  • MGT 2006: International Marketing**
  • MGT 2007: International Management**
  • ECO 3035: Seminar in International Business

One of the following:

  • ECO 3016: International Trade
  • ECO 3017: Global Finance
  • ECO 3018: Economics of Developing Countries

Three area studies courses
Students are required to take three area study courses relating to Latin America, Africa, Asia, or Europe.  Courses that focus on an ethnic or cultural Diaspora within the United States do not satisfy the area studies requirement.  Please see an advisor within the department if you have questions about this.  Area studies courses may be spread over more than one area; it is not required that these courses relate to the language area.  Courses may double-count with the college-wide global perspectives portfolio requirement.

Study abroad in the area of interest is highly recommended.

Music Major with Concentration in Music Management
Requirements for a Music major with concentration in Music Management are set forth in the Music Department section.

Certificate in Business Management
(For non-matriculated students only)
The certificate program is especially designed for people with little or no business experience who wish to develop managerial skills.  It is particularly useful for those who wish to enter the job market.

Granting the Certificate
To be awarded the certificate in business management the student must complete three required courses and two electives.  An average of C+ must be maintained.  No course with a grade lower than C will be accepted towards the certificate.
Required Courses for the Certificate:

  • MGT 1001: Fundamentals of Management**
  • MGT 1002/ACC 1002*: Fundamentals of Accounting I**
  • MGT 1003: Introduction to Marketing**

Elective Courses for the Certificate:
Completion of any two of the following:

  • MGT 1004: Principles of Entrepreneurship**
  • MGT 1005: Management of Human Resources**
  • MGT 2006: International Marketing**
  • MGT 2007: International Management**

It is strongly recommended that students take Principles of Economics I and II.

The required courses are designed to allow the student to assume the general responsibilities of a manager.  The topics students will discuss are the basic tools of management, analysis of financial statements and marketing a product.  The elective courses permit the student to obtain a deeper knowledge of particular aspects of management.

The certificate program can be completed, in most cases, in one year.  The college has established a four year time limit for the completion of course work for the certificate.

Note: the certificate is granted  only to non-matriculated students.

 

Marketing Major Requirements for the B.A. and B.S. Degree

All marketing majors are required to take the following twelve courses:

MGT 1001               Fundamentals of Management**
MGT 1002/ACC 1002*        Fundamentals of Accounting I**
MGT 1003               Introduction to Marketing**
MGT 1007               Computer Concepts w/Business Applications**
ECO 1011               Principles of Macroeconomics
ECO 1012               Principles of Microeconomics
ECO 2060               Economic & Business Statistics
MGT 2006               International Marketing**
MGT 2013               Integrated Marketing Communications**
MGT 2024               Consumer Behavior**
MGT 2092               Market Research**
MGT 3092               Capstone: Strategic Marketing**

Marketing majors must complete two electives from the following courses:

MGT 2017               Internet Marketing**
MGT 4497               Internship (In Marketing)**
COMM 2021            Public Relations
COMM 2022            Advertising and American Pop Culture
ECO 3997               Senior Seminar

Senior Seminar
The seminar is offered only during the fall semester.  Students undertake research on a topic approved by the instructor and use marketing tools and techniques to reach conclusions.  The results of the research project are presented in a senior thesis and discussed in seminar format.  A grade of C- is the minimum standard for successful senior evaluation.  Only students who take the Senior Seminar will be considered for department honors at graduation.

Marketing Minor Requirements

All marketing minors are required to take the following two courses:

MGT 1001               Fundamentals of Management**
MGT 1003               Introduction to Marketing**

All marketing minors must complete three electives from the following courses:

MGT 2006               International Marketing**
MGT 2016               Integrated Marketing Communications**
MGT 2017               Internet Marketing**
MGT 2024               Consumer Behavior**
MGT 2092               Market Research**
COMM 2021            Public Relations
COMM 2022            Advertising and American Pop Culture

Marketing Internship
Completion of all required 1000 level courses is a prerequisite for an internship.  No more than one internship can count toward major requirements, though the college allows students to take as many as nine credits of internship in fulfilling a degree.

Marketing Independent Study
Prerequisite: a minimum overall G.P.A of 3.00 plus completion of Introduction to Marketing, Fundamentals of Management and Fundamentals of Accounting I.


*  This designation does not become official until 2014-2015
** Not counted as liberal arts.