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Faculty: B. Easlick, J. Frankland, J. Harris, D. Kincaid (Director of MBA), T. Kratzer, M. Lam, M. Ophardt (Chair), E. Postlewaite, A. Smith, J. Zietlow

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.

The Department of Business offers three undergraduate majors: Accounting , Business Administration , and Sport Management . Within the Business Administration major, a student may pursue a concentration in Economics, Finance, Management, or Marketing. In addition, the department offers minors in the areas of Accounting, Business Administration, Economics, Finance, Management, 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, as well as a D.S.M., a J.D. degree, 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.

Minors

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

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

The University requires a minimum of a 2.25 cgpa 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. Therefore 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 .

Students who are majoring in Business Administration may not choose a concentration and a minor in the same area. They may not use the same course for both a concentration and a minor. (e.g., ECON 401 could not be used for both a finance minor and an economics concentration.)

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 two primary components. The first component is a comprehensive case study administered as a pre and post test in ECON 203: Principles of Microeconomics and BUS 453: Strategic Management, respectively. This case study is a required assignment in these courses and must be completed in order to receive final course grades. The second 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 PE 345 Sociology of Sport, SMGT 301 Management of Sport, SMGT 442 Sport Marketing, SMGT 445 Ethical and Legal Issues in Sport, and SMGT 453 Governance; supervisor evaluation of SMGT 435 Internship, 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.

Programs

• Accounting, BA
• Business Administration, BA
• Sport Management, BA

• Accounting Minor
• Business Administration Minor
• Economics Minor
• Finance Minor
• Management Minor
• Marketing Minor
• Sport Management Minor

Courses

• ACCT 211 - Principles of Accounting I
• ACCT 212 - Principles of Accounting II
• ACCT 311 - Intermediate Accounting I
• ACCT 312 - Intermediate Accounting II
• ACCT 313 - Cost Accounting
• ACCT 371 - Management of Information Systems
• ACCT 411 - Advanced Accounting I
• ACCT 412 - Advanced Accounting II
• ACCT 421 - Tax Accounting I
• ACCT 422 - Tax Accounting II
• ACCT 423 - Auditing Theory
• ACCT 450 - Advanced Topics

• BUS 112 - Fundamental Computer Applications
• BUS 200 - Personal Finance
• BUS 220 - Introduction to Business
• BUS 240 - Statistics for Business
• BUS 301 - Management of Sport
• BUS 302 - Business Law
• BUS 311 - Marketing
• BUS 330 - Christian Ethics: Implications and Applications in Business
• BUS 332 - Business Finance
• BUS 337 - Management Science
• BUS 342 - Management Principles
• BUS 361 - International Business
• BUS 371 - Management of Information Systems
• BUS 380 - Entrepreneurship and the American Enterprise System
• BUS 390 - Investments
• BUS 415 - Consumer Behavior
• BUS 417 - Marketing Management and Strategy
• BUS 419 - Sales Management
• BUS 422 - Human Resource Management
• BUS 423 - Operations Management
• BUS 433 - International Finance
• BUS 436 - Short-term Financial Management
• BUS 442 - Sport Marketing
• BUS 443 - Organizational Behavior
• BUS 450 - Advanced Topics
• BUS 453 - Strategic Management

• ECON 202 - Principles of Macroeconomics
• ECON 203 - Principles of Microeconomics
• ECON 347 - International Political Economy
• ECON 353 - Public Finance
• ECON 380 - Entrepreneurship and the American Enterprise System
• ECON 401 - Money and Banking
• ECON 450 - Advanced Topics

• SMGT 272 - Indoor/Outdoor Practicum
• SMGT 290 - Facility and Event Management
• SMGT 301 - Management of Sport
• SMGT 334 - Media Practicum
• SMGT 347 - Financial Aspects of Sport
• SMGT 435 - Internship in Sport Management
• SMGT 442 - Sport Marketing
• SMGT 445 - Ethical and Legal Issues of Sport
• SMGT 453 - Governance in Sport

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