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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.

Minors

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,

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.

Programs

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

• Accounting Minor
• Business Administration Minor
• Business Analytics Minor
• Economics Minor
• Finance Minor
• International Business 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 304 - Principles of Management and Leadership
• BUS 311 - Principles of Marketing
• BUS 327 - Media Marketing
• BUS 329 - Sales and Marketing
• BUS 330 - Christian Ethics: Implications and Applications in Business
• BUS 332 - Business Finance
• BUS 333 - Intermediate Finance
• BUS 351 - Marketing Research
• BUS 361 - International Business
• BUS 371 - Management of Information Systems
• BUS 372 - Environmental Regulation, Policy, and Law
• BUS 374 - Environmental Conservation and Sustainability
• BUS 380 - Entrepreneurship and the American Enterprise System
• BUS 390 - Investments
• BUS 415 - Consumer Behavior
• BUS 417 - Marketing Management
• BUS 419 - Sales Management
• BUS 422 - Human Resource Management
• BUS 423 - Operations Management
• BUS 433 - International Finance
• BUS 442 - Sport Marketing
• BUS 443 - Organizational Behavior
• BUS 450 - Advanced Topics
• BUS 453 - Strategic Management
• BUS 457 - Business Intelligence for Managers and Organizations
• BUS 471 - Environmental Planning, Strategy, and Leadership

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

• SMGT 101 - Introduction to Sport Management
• SMGT 260 - Pre-Internship Seminar
• SMGT 272 - Indoor/Outdoor Practicum
• SMGT 290 - Facility and Event Management
• SMGT 301 - Management of Sport
• SMGT 334 - Media Practicum
• SMGT 345 - Sociology of Sport
• SMGT 347 - Financial Aspects of Sport
• SMGT 436 - 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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