2018-2019 Undergraduate Catalog 
    Apr 24, 2019  
2018-2019 Undergraduate Catalog [ARCHIVED CATALOG]

Department of Business

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Faculty: M. Bankert, J. Frankland, J. Harris, D. Kincaid, M. Ophardt (Chair), E. Postlewaite, A. Smith

The Malone University Department of Business provides its students with an education that integrates course-specific skills and knowledge with program-wide Christian values, including stewardship and integrity. This is accomplished by faculty with solid academic credentials who combine practical experience and applied theoretical tools and systems. Independent analytical thought and evaluation are encouraged in the classroom, in an atmosphere of mutual respect.

Malone University’s Business programs are accredited by ACBSP: Accreditation Council for Business Schools and Programs. This accrediting body assures that the educational quality, quality of teachers, and educational environment provided by the Department of Business at Malone University is regularly reviewed, assessed, and approved. ACBSP takes care to make sure that each accredited program meets its stated objectives as well as meets academic content and standards established for success in the fields of business. 

The Department of Business offers five undergraduate majors: Accounting , Business Administration , Finance Marketing , and Sport Management . Students with majors outside the department can add a business component to their education by obtaining one of the minors. Students within the department may consider a minor to increase their knowledge in a specific area.

The departmental curriculum is augmented by the general education curriculum required of all Malone undergraduates. We believe that this liberal arts foundation will better equip graduates from the Department of Business with the knowledge and skills needed for positions of management and leadership in a diverse workplace environment.

The faculty in the department is key to the quality of the education. The faculty has solid academic and professional credentials and includes people with Ph.D.s in the areas of Information Systems, Organizational Development, Economics, Operations Research, and Marketing, and professional certifications such as CPA and CMA. In addition, many of the faculty have considerable professional work experience and are able to combine real-world experience with theory in the classroom.

A Christian worldview informs all courses and programs in the department. We strive to prepare students who can integrate Christian values such as integrity, stewardship, and justice with their business knowledge and thereby serve God in the business world.


The department offers minors in Accounting , Business Administration , Business Analytics , Economics , Finance International Business , Management , Marketing , and Sport Management .

In any of the minors (except Sport Management), an appropriate BUS 450 course may be substituted for a course within the minor if approved by the Department Chair.

The University requires a minimum of a 2.25 gpa in the courses required for a minor. The University requires that a minor contain at least 9 additional hours of coursework beyond those required as support for the major. A course could be used to fulfill the requirements for two minors as long as there are at least 9 hours per minor that are not used in the major or in the other minor. (For example,

  or   could be used in both the Economics minor and the Finance minor.) Likewise, a course used for a minor may also be used to satisfy the requirements for six hours of 300- or 400-level business or economics electives within the business administration major as long as the previously stated University requirement is observed. Please also see the general guidelines for minors found under Majors and Minors .

Assessment of Student Learning Outcomes

The Department of Business has adopted and seeks to achieve the following student learning outcomes for its accounting and business administration majors:

  • Student ability to integrate course-specific skills and knowledge with the program-wide values of stewardship and integrity,
  • Student knowledge of current business practice and theory,
  • Student ability to identify and address major issues  presented by a business problem,
  • Student ability to identify ethical dilemmas and apply Christian values to resolve those dilemmas, while taking into consideration the impact on God’s world.

The department conducts assessment of student learning outcomes in order to continuously improve the curriculum. This assessment program for accounting and business administration majors includes three components. The first component is a multiple-choice Business Learning Assessment (BLA) test administered as a pre- and post-test in ECON 203 - Principles of Microeconomics  and BUS 453 - Strategic Management , respectively. The BLA test is a required assignment in these courses and must be completed in order to receive final course grades. The second component is an ethics essay assignment embedded in BUS 330 - Christian Ethics: Implications and Applications in Business . The third component is a standardized, nationally normed test administered in BUS 453 - Strategic Management . Completing a scoreable test is required in order to complete a major in accounting or business administration.

The Department of Business has adopted and seeks to achieve the following student learning outcomes for its sport management majors:

  • Student understanding of the socio-cultural aspects of sport and appreciation of sport as a medium for integrating gender, ethnic, religious, and disabilities interests,
  • Student ability to apply fundamental concepts of management, marketing, finance, and economics to sport organizations,
  • Student ability to establish a code of personal and professional ethics to issues in sport from a Christian perspective,
  • Student demonstration of skill in interpersonal and organizational communication.

The assessment program for sport management majors is comprised of a pre-test/post-test; capstone projects in SMGT 345 - Sociology of Sport , SMGT 301 - Management of Sport , SMGT 442 - Sport Marketing , SMGT 445 - Ethical and Legal Issues of Sport , and SMGT 453 - Governance in Sport ; supervisor evaluation of SMGT 436 - Internship in Sport Management , and a senior exit survey.

Only aggregate scores of these instruments are used for assessment purposes. Individual scores are kept in strictest confidence. Details of the assessment program are available in the office of the chair of the department. Since student learning outcomes assessment is a dynamic process, the department reserves the right to make changes to this process.


    Undergraduate MajorUndergraduate Minor


      AccountingBusiness AdministrationEconomicsSport Management

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