Accounting is defined as communicating financial information about a business to users such as shareholders, managers, investors, regulators, and the general public. Accountants engage in a wide variety of tasks, including preparing financial statements; recording business transactions in order to keep track of a firm’s liabilities, assets, income, and expenses; working with new technologies, and developing and using information systems.
Business Economics & Public Policy
Economics is a social science that develops models for organizing facts and thinking effectively and critically, preparing students to be interested, alert, and competent observers of current events. A degree in economics empowers a student to make well-reasoned decisions about personal matters, business problems, and public policy.
Finance is both the science and art of managing money. As a science, modern finance is based in scientific inquiry, statistics, and mathematics. However, there are also many non-quantitative variables that matter including individuals’ – and sometimes entire markets’ – behavior patterns. This is where the “art” part comes into play.
Students build a custom business degree program through their choice of courses from all of the business disciplines. This concentration might be attractive to entrepreneurs who need exposure to all aspects of a business, non-business students who would like to double major in business, or those who plan to specialize later with a graduate degree.
Human Resources Management
Human Resources Management (HRM) consists of the policies, practices and systems that influence and support the behavior, attitudes and performance of employees. The type of work HR professionals typically perform includes the development and implementation of a large variety of human resource functions and programs such as hiring, staffing, training, human resource development, performance management, equal opportunity compliance, safety management, employee relations, wellness, communication, and motivation programs.
Information & Operations Management
Information and Operations Management (IOM) is the use of analytical tools to logically grapple with today’s business problems. The IOM program emphasizes the integration of business operations, information systems, project management, and related use of information technology. The Operations Management (OM) part of the program includes such concepts as Quality Management and Project Management. The Management Information System (MIS) part focuses on creating, capturing, and analyzing business data using modern information technology.
As the global economy continues to expand, the demand for international business education is higher than ever and expected to increase in the foreseeable future. Language difficulties and cultural differences make international business both challenging and rewarding. Survival of many U.S. companies is dependent on the ability to expand into new markets. Multinational enterprises need people who are sensitive and knowledgeable about cultural differences and able to learn the needs and wants of their international customers. Multinational companies operate production facilities in numerous foreign countries, so business students need to learn about the underlying economic, political, and social trends of foreign nations.
Management is the act of working through others to accomplish desired goals and objectives. Managers must be able to plan, organize, lead, and control. These actions may involve motivating, budgeting, communicating, leading a team, disciplining, strategizing, or rewarding, all in the effort to help the organization run as effectively and efficiently as possible.
Marketing is the business function responsible for generating the ideas and connections that make money for the firm. You would be a good marketer if:
- You are perceptive and empathetic
- You practice creative problem-solving
- You are interested in the use of technology
- You enjoy social media such as Facebook, Twitter, etc.
- You would like to start your own business
- You want to learn how to promote your #1 product – You