Business administration majors take foundation courses in business, economics, and management information systems in their freshman and sophomore years, and then pursue special options in:
By the time they graduate, students have developed an impressive portfolio of marketable skills—as generalists who want broad exposure to management, or as new entrepreneurs, marketers, systems analysts, or accountants.
Accounting is called "the first language" of business for good reason: the fate of many products and marketing campaigns hinges on the financial officer's final analysis. For this reason, successful accounting professionals often assume leadership roles within their companies. Whether you are interested in working within an existing organization or in starting your own business, understanding financial matters is vital to your success.
The Accounting Option provides students with opportunities in a variety of fields, including internal audit, external audit, tax preparation and planning, and consulting. Demand for accountants has been consistently strong. The goal of the accounting option is to prepare students for a career in accounting and the qualifications to obtain certifications, such as Certified Public Accountant (CPA), Certified Management Accountant (CMA), and Certified Internal Auditor (CIA). The accounting option also prepares students to enter the Master of Science in Accounting program offered by the Peter T. Paul College. Obtaining a Masters degree is a necessary requirement for taking the CPA exam in most states, including Massachusetts and Maine.
Associate Professor of Accounting
Paul College Room 270B
The Entrepreneurial Studies (ES) Option is not just marketing, management, or finance -- it's all of that and more. ES is designed for students who want to become involved in high-growth ventures - as an entrepreneur, employee, or investor.
The ES option fosters an entrepreneurial sensibility by adding a strong applied learning component to traditional lectures and seminars. The priority is realworld learning: the program includes active student participation. You’ll visit high-growth companies and firms that service their industry. You’ll reap the realworld wisdom of your faculty team and guest speakers. And you’ll apply what you’ve learned in case studies and a senior project that will give you an opportunity to create your own business venture.
Dr. Jeffrey Sohl
Professor of Decision Sciences and Entrepreneurship
Faculty Coordinator, ES Option
Educational Program Coordinator
Finance is the study of the ways money, markets, and people come together to create value. You’ll learn how banks, securities markets, and other financial institutions operate. You’ll study the influences of the national and international monetary pictures on financial management. You’ll learn how to make financing and organizational restructuring decisions in business firms
The Finance Option provides students with opportunities in a variety of disciplines including commercial banking, insurance, corporate finance control, investment banking, money management, venture capital and risk management. The goal of the Finance Option is to expose students to all three major areas of finance: investments, corporate and financial institutions. This Option also helps students who plan to sit for the Chartered Financial Analyst (CFA) Level I exam, the Certified Financial Manager (CFM) exam and the Certified Financial Planner (CFP) exam.
Dr. Wenjuan Xie
Assistant Professor of Finance
Faculty Coordinator, Finance Option
The Information Systems Management (ISM) Option provides students with both business problem solving skills and in-depth technical knowledge. The program concentrates on two areas: 1) organizations, with an emphasis on business processes, and 2) technology, with an emphasis on analysis, design, implementation, and management of an organization’s information systems.
Pivotal contributors to the success of any business venture, ISM professionals must be able to design and manage systems that serve many users – from programmers and managers to clerks and customers. The ISM option prepares students for a wide range of technology careers by helping them master the fundamentals of ISM and technology, achieve technical competence in ISM design and development, and apply ISM solutions to real business problems. Students are required to work on real-world industry projects to which they apply the ISM concepts and problem-solving skills learned in the classroom.
Dr. Khole Gwebu
Faculty Coordinator, ISM Option
The International Business and Economics (IBE) Option offers an interdisciplinary course of study, providing strong business training for students pursuing careers at organizations with an international focus, particularly in multinational corporations, international banks and government agencies. It achieves this by combining general business training with in-depth knowledge in economics, finance and management. Students are strongly encouraged to round out their education with either an internship at an international organization or by studying abroad for one semester.
International Business and Economics focuses the disciplines of management, international trade, finance, marketing, and economics on the challenges of global commerce. International managers explore such questions as, "What causes international financial crisis and how can we shelter our corporations from risk?" or "How will trade laws impact our ability to compete overseas?" and "How can we use technology to manage human resources over great distances and among different cultures?" This option encourages students to experience other cultures first-hand through internships or study abroad. The Budapest Study Abroad program, a semester of study at Hungary's leading business school, Budapest University of Economics Sciences, is especially encouraged.
Dr. Bruce Elmslie
Professor of Economics
Faculty Coordinator, International Business and Economics (IBE) Option
The Management Option provides students opportunities to develop a substantial foundation in the principles of managing the human, organizational, and capital resources of the firm in a strategic manner to enhance organizational competitiveness. Courses emphasize problem-solving, planning, and interpersonal skills related to leadership in the new economy, managing innovation and change, and international and cross-cultural issues in business. Future career paths include consulting, supervision, program management, or pursuit of graduate education in management of law. This is an excellent option for students who see themselves as "big picture people" and business generalists.
Dr. Michael Merenda
Chair and Professor of Strategic Management and Entrepreneurship
Faculty Coordinator, Management Option
The Marketing Option focuses on how to develop, establish, and maintain products and services of high value for customers as well as how to deliver and communicate them. The option addresses key linkages critical to effective customer and product management, from understanding customer needs and problems to delivering appropriate solutions and services. It further examines decision choices facing managers concerning market selection, entry timing, positional advantage to be pursued, targeting and executional approaches.
PAUL students that concentrate in marketing take - in addition to the Marketing core course - six courses in the field, of which four are required. Those required courses are:
- MKTG 752 Marketing Research
- MKTG 753 Consumer/Buyer Behavior
- MKTG 762 Marketing Workshop
- MKTG 763 Marketing Opportunity Analysis
In addition to the four required courses, students may select a minimum of two additional 700-level marketing courses.
Dr. Thomas Gruen
Professor of Marketing and Marketing Department Chair
Faculty Coordinator, Marketing Option
A Student-Designed Option in Business Administration is available for those students whose interests are not fully satisfied by any of the other currently available options in Business Administration. Students desiring a self-designed option must identify a faculty sponsor and submit to that sponsor a standard written proposal describing their objectives and intended program of study. After faculty approval, the proposal must receive approval from the Academic Director of Undergraduate Business Programs and the Paul College Dean's Office.
Students considering this option should begin to plan for it no later than the second semester of their Sophomore year. The formal application deadline is October 15 of a student's Junior year; students must have a cumulative grade point average of at least 3.0.